On July 7th 2021, 5pm UTC, the three founders of ethbox sat together with their community manager Thom, and held the very first ethbox Community AMA.
Lukas Schiefer, Lukas Pratschner and Paul Simode took all the time and diligence to answer a selection of 15 questions that were submitted by their enthusiastic community.
To keep this curiosity & desire for more ethbox saturated, regular monthly Community AMAs are now a fixed part of what goes on in the ethbox Community Channel at @ethbox_official.
Without further ado:
Welcome to our first official AMA on our community channel everyone! 🌞
This week, we are officially launching our governance system, starting off with two votings being held from Thursday, 29th of April at 11:59PM UTC, until Sunday, 2nd of May at 11:59PM UTC.
We at ethbox highly value our community’s opinion and input, which is why we need your voice to let us know what you think is best regarding the following two topics:
Given the momentary state of the Ethereum network’s exaggeratedly high transaction fees, using Uniswap in comparison to non-Ethereum alternatives such as PancakeSwap becomes rather unattractive.
We want to kickstart the possibility of trading our EBOX token on…
Even before our very beginning, it was clear for us at ethbox that the community had a very special place in our hearts and in the way we engineer our project. From the community, for the community.
Keeping an attitude that’s generally open for suggestions and discussion is one thing, but there is nothing more directly democratic than getting our community involved through open, public voting on certain matters that set the course and direction of our project’s development.
Once more, ethbox wouldn’t be ethbox if we weren’t bringing a certain unique twist to the whole thing: We elaborated a…
Oftentimes, when taking part in a crypto project’s staking program, one is required to lock a serious bit of tokens up in this or that smart contract. We at ethbox want to give our community the best possible service & experience, so we thought that through — And came up with a model for staking rewards that’s both safe and easy to use.
When locking tokens inside a smart contract for any sort of bonus program, the worst case that can happen is getting both your tokens and your reward taken from you. Without that, the absolute worst case is…
Ethbox is an escrow service specializing in security, privacy, and effectiveness for the OTC cryptocurrency market. It serves as a trustable, transparent and always-valid intermediary between two parties willing to send cryptocurrency one way or both ways. Instead of sending funds directly to each other, funds are relayed through the ethbox smart contract.
For now everything works only on ethereum chain, but future development will give new opportunities.
Yes, date to be announced.
Public sales are scheduled to take place in Q1 2021. Exact dates yet to be announced.
Due to the overwhelming response we received the form…
The blockchain technology that gave birth to all of cryptocurrency is built with cryptography in such a way that it becomes practically impossible to break. However, on a more basic, day-to-day level, transactions can easily go (very) wrong as a result of simple human error. The Ethereum ecosystem alone saw at least 12,600 ETH (currently valued at over US $21 million) lost by 2018 as users sent ETH to wrong or nonexistent addresses. Given the irreversibility of blockchain transactions, losing funds to incorrect addresses is one of the main problems that blockchain transactions have to face — but not anymore.