BlockTalks x Roseon Finance AMA Transcript!
Hello! BlockTalkers & Blockchain Enthusiastic!
We recently hosted an AMA with Roseon Finance, on May 2nd at 12.00 PM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Danie Le, Marketing Manager at Roseon Finance. So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks!
Q1. Could you please introduce Roseon Finance to our community in layman’s term?
Ans — Roseon Finance is a crypto finance app that will help you obtain maximum yield from both centralized and decentralized financial services through a single interface + NFT.
Most of the yield products now are web based while Roseon Finance is a mobile app which gives you the flexibility to use our app anytime and anywhere. Through the app, we will connect your fund to multiple investment channels in the crypto world, bearing the risks for you and earning money.
Beside that, you can manage your NFTs via our app. For now, you can view your NFTs. In the next couple of months, new features supporting NFTs will come soon.
Q2. What are the advantages of Roseon Finance to other alternatives in the Blockchain field?
Ans — There are some advantages that make us special in the market:
- We support mobile while many other projects are using the web
- We are a centralized app so you don’t have to worry about Ethereum network fees or loss of passphrase. Your job is to deposit money and we will take care of it all.
- We support NFTs. I believe there aren’t many apps that support this. You can watch and project your NFT and that of your friends on the app. In the future we will also support NFT purchases on the app.
- We have both a safe investment product with fixed interest rate (Savings) and a more risky investment product with variable interest rate (Farms)
- We also have the Index Fund. Index Funds are ideal for the everyday investors and long term holders. The indexes are rebalanced automatically for you.
Q3. What are the major milestones Roseon Finance achieved so far & what are in the future pipeline?
Ans — So far, we hit our first milestone by soft-launching. Now we need to follow the roadmap and acquire users. The DeFi landscape is very competitive, there are hundreds of new projects born everyday. But we believe we have something different, we are targeting the new users, women and of course the non custodial audience.
Our IDO will be on May 10. We're working very hard for our IDO.
Below are our plan after IDO:
- BSC Integration
- Complete the NFT Gallery
- Index Fund
- Polkadot Integration
- Roseon.DeFi
Questions Asked on Twitter For Roseon Finance Team!
Q1. What can I use NFT for in Roseon Finance ecosystem? What are the benefits of holding it in the long run?
Ans — Roseon Finance is offering artists a simple way to showcase and manage all of their NFT creations. With Roseon’s NFT gallery, artists can share their entire portfolio with their fans. There’s also a marketplace where artists can show their highest selling items and allow interested parties to make bids.
In long run, NFTs will replace traditional investments assets such as art, collectibles, and real-estate.
Q2. When an email or phone number is required to enter the Roseon app, what guarantee will we have that we will not be victims of a hack as in other platforms that we enter in the same way? How vulnerable are they to these attacks?
Ans — Last week, we announced our partnership with Verichains, a top security firm in Vietnam to audit. They will help us implement the strictest and highest wallet security standards and audit our contracts
We also working with a few yield farming insurance partners to ensure your funds are protected.
Q3. You point out that Roseon provides you with the best of both worlds, both CeFi and DeFi, but really what CeFi products will be needed? Why not just focus on DeFi, which is the finances of the future after all, right?
Ans — We believe DeFi will not completely replace Centralized Finance, and that it is more likely that CeFi/DeFi hybrids will co-exist, with CeFi institutions likely to pick and choose which DeFi products they like and eventually integrate them into their more user-friendly platforms.
Q4. A partnership is essential for Adoption, so can you tell us what partners you have now and in the future?
Ans — Since we have been in this space for 6 years, we have founded and are connected to a number of blockchain communities and startups, we choose to leverage our partnership network to promote ourselves. Here are some of the partners we are working with, in no specific order:
Opensea, Gene Finance, Tomochain & Luaswap,
OSL for fiat on/off ramp
Communities: Viewfin Learn, Super Crypto News, Crypto Art Collectors
RMIT University
Beside that, we have always been supported by our backers, who will bring a lot of partnership opportunities: X21, AU21, Moonwhale, Lotus Capital, Kardia Ventures.
Q5. How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
Ans — You always get updated from our official channel:
✅ Telegram community
🌎 EN- https://t.me/Roseon
🇻🇳 VN - https://t.me/RoseonVN
🇵🇱 IN - https://t.me/RoseonIndonesia
🇰🇷 KR - https://t.me/RoseonKorea
🇹🇭 TH - https://t.me/RoseonTH
✅ Official announcement: https://t.me/roseonfinance_announcement
✅ Twitter: https://twitter.com/RoseonFinance
Questions Asked by our BlockTalks Community Members during live Session to Roseon Finance Team!!
Q1. You launch the app on Android, what interesting features do you have in it?
Ans — We have Android version now, and will release iOS version really soon.
Roseon Mobile offers users one the simplest interfaces for a dedicated wallet, along with the following features:
- Smart Savings: Deposit idle crypto assets in either flexible or fixed savings and earn interest.
- Swap: A CEX and DEX aggregator that acquires the best exchange rates from decentralized exchanges for Roseon users, even splitting the order across multiple CEXs and DEXs to ensure lowest cost of swap.
- Yield Farming: A multi-chain DeFi aggregator that will bring various liquidity pools, yield farms from various platforms into the mobile app.
- Portfolio Manager: A tool allowing you to create, monitor and rebalance your own crypto (main and altcoin) portfolio.
- NFT Gallery: Create, buy, sell and view your crypto art ad collection.
- Hybrid Key Management: This is the most unique feature of Roseon Mobile. It will come with the capability to have users manage their own keys or let Roseon manage them.
Q2. Marketing is central to every project, so that people know the potential it has to offer is vital to achieving its goals. What is the strategy of the Roseon to attract new users and Investors to your platform and retain them for the long term?
Ans — In order to acquire user and attract our investors, we have to make sure that:
- Product - build the simplest but innovative product, focus on the customer experience
- Marketing - establish connections with a lot of communities
- Partnerships - partnerships can help with connections and acquire users.
Q3. Who is your competitive at present time? How to come first position in all them?
Ans — We don’t consider anyone competitors. We are all working toward a common goal to bringing enhanced opportunities to more people with DeFi.
But, in brief, we are the first Hybrid Mobile App, this means, we will have centralized and decentralized capabilities.
Q4. Since the founder of Roseon Finance is Allan Ta of Vietnamese nationality, I wonder, is your project limited only to the Vietnamese market or are you planning to achieve global adoption?
Ans — Of course we aim at global market.
Q5. What really MOTIVATED you to bring such a great PROJECT into existence?
Ans — There are two things that we think are our motivations:
- First, we feel that many people want to invest in DeFi & NFTs but do not have the time and the resources. That’s why we created Roseon. With the Roseon App, everything becomes easier
- Second, we want to become an effective assistant for users in finance, helping them to have financial autonomy and control their lives, especially women.
Q6. How does NFTs revolutionize the Art and music industry?
Does Roseon offers artists a simple way to showcase and manage their NFT creations?
Ans — We have one article on medium to talk about this topic: How NFTs revolutionize the art and music industry. You can follow our twitter and telegram channel to get the full article.
In particular, we are offering artists a simple way to showcase and manage all of their NFT creations. With Roseon’s NFT gallery, artists can share their entire portfolio with their fans. There’s also a marketplace where artists can show their highest selling items and allow interested parties to make bids.
Here are some important links of Roseon Finance 👇
🌎 Website: roseon.finance
📱 Twitter: twitter.com/RoseonFinance
📢 Telegram: t.me/Roseon
📚 Medium: medium.com/@roseon