1) Hi Ramy, can you let us know more about yourself? Share with us your past experiences. Also let us know more about your team members too, kindly attach their Linkedin profile links too.
Sure thing, I’m half Jordanian, half-Dutch. Have done a bachelor in Knowledge Engineering, Masters in Computer Science and a Master in Financial Management.
Worked in FinTech for a while and wrote my own algorithms for financial markets, I landed in crypto somehow, and after seeing the success of many projects that in my eyes were child’s play in comparison to what could be done, I decided to step into the game with an own initiative.
I met the first cofounders in the SafeMoon voice chat and shared my screen with the message “hey guys, let’s figure out how to make a crypto” from there on we made a project, made another project (PlayBIT, still to come) and then started iBNB.
Over time the team has changed and I am currently very proud of the team we have put together. Almost all of the current team has come from the community. Meaning, they started off as community members and earned their way to the top. I can easily say that they are perfectly competent for the positions they hold.
With regard to LinkedIn pages, some of our team members (up to now) still have jobs, I can share a few, but to keep it simple, our COO and my profiles are fully available to the public and accessible through the website.
Some of our team members cannot doxx due to potential conflict and government reasons, which I respect.
Internally we are doxxed, I know everyone and can back them through thick and thin.
Apart from that, I hold contract ownership, so my information is most important to make public and I have no problem with that whatsoever.
2) What is iBNB about? What is your USP?
iBNB (Grand) is a daily dividend token that has been constructed and upgraded to support very high volumes and consistent/stable dividends. That means that investors can expect the same dividends tomorrow as they received today (and more due to growth). Our high dividends are supported by transaction fees from iBNB and the nBNB network. The nBNB network is a network of projects and partnerships where teams are doxxed, project feasibility is assured, and that have received community backing. That way our investors know that it is a safe project to invest in. Additionally, every project on the network pays transaction fees that go to the iBNB Bank and that go to the dividend pools of iBNB, leading to more dividends for investors. This is highly unique and no other project is doing it. It’s what allows for consistent dividends without needing exponential growth all the time (which is a big problem with reward tokens)
3) What is attractive about your tokenomics?
We have many attractive mechanics (see whitepaper.ibnb.finance) but one of the most attractive innovations we have created is the Dynamic Transaction Protocol. DTP-3 dynamically adjusts transaction fees (tax rates) from the 10% allocated to it, according to the health of the liquidity. That means when liquidity is below a healthy state, part of the 10% automatically flows to liquidity, but when liquidity is healthy, the full 10% goes to the dividend pools for the biggest flows to dividends. This is based on the liquidity to market cap ratio. The percentages to liquidity increase when liquidity decreases, and are 0% to liquidity when it is healthy. DTP-3 furthermore manages liquidity overflow, meaning, when liquidity is very healthy, all excess BNB liquidity (BNB/iBNB) is sent to the dividend pool and the tokens are burnt.
4) How is your marketing plan like for the month of November?
November is hype month. Exchange listings have the biggest marketing effect, and we plan to list on at least two exchanges this month. Additionally, we brought on board of the best marketers in BSC. Influencers, advertisements, website listings, and organised spreading of the iBNB message.
5) Tell us about your technology milestone?
Sure thing, the roadmap holds many exciting things for our investors. We plan to allow cross-chain interoperability for the nBNB network to allow any project to list on the network, we’re releasing a world-class website that allows investors and newcomers to feel like they landed on a top 10 crypto with financial tools and interactive systems, and we are setting up an nBNB Debit Card for investors to place daily dividends on and allow them to go to the ATM on a daily basis, purchase offline and online.
6) Where are your revenue streams coming from? Any other planned revenue in the future?
Our revenue comes from transaction fees. 5% of all transactions are swapped to BNB and are utilised for development, marketing, and operations. We are in communication with parties in the physical world for additional investments to make even bigger steps. Transaction fees are sufficient revenue to support ourselves with, especially with exchanges, partnerships, internal projects and their exchanges on the way.
7) Which exchanges are you planning to list next?
BitMart, LBank, Whitebit, Bitcoin.com (http://bitcoin.com/), Bittrex and Gate.io (http://gate.io/) are next. The first two are scheduled to be listed, this month.
8) What partnerships do you have installed for us?
Our nBNB partners are unique additions to the nBNB network. We’re in contact with a variety of different parties from Chainlink to Silver providers and investment projects.
9) I looked at your team, all of you are based in the US and Europe. Do you have plans for Asia?
We are indeed in US and Europe, we would love to have an Asian addition to the team but have not yet been in contact with someone in our core team. We have Chinese members in our extended team, however.
10) To end off this segment, we want to hear an inspiring quote from you. Please share.
Ladies and gentlemen, it is our mission and our promise to revolutionise decentralised finance, and we can do it. We have the knowledge, the skills and the resources to do so, so why shouldn’t we? I would advise everyone to watch closely while history is in the making. The way we are proceeding has been unprecedented in crypto and in the world.
Thank you all for your attention, and Godspeed.
