BXH AMA Session on CryptoWolf Recap

BASIC INTRODUCTION OF BXH

Q1: Today’s guests are the CEO and CMO of BXH. I understand both of you have been deeply
involved in the blockchain industry for many years and have a unique understanding of the
market. As we all know, the development of the project must be affected by market conditions.
Could you please tell us about Neo’s expectations of the current global digital currency market?
CEO Neo :The crypto market has entered a bear market again. I believe that many people are going through an unprecedented period of pain. Shifts in the world financial structures have spread to the digital currency industry. The digital currency market is negatively affected, and the overall market sentiment is bleak. Giant companies have collapsed. But I don’t think it is all doom and gloom. The overall narrative of the Crypto industry has not changed significantly. Blockchain technology and Web3.0 are changing the world, in every major sphere and sector. Crypto is more similar to the traditional financial industry, and it always has its ups and downs. Bear market crises, and the bull market runs, come and go. And I can tell you that because of the faster synchronization of information, the speed of changes in the world trends will also speed up, and the current market will change faster than before. The main reason for this bear market is the financial pressure caused by inflation. Of course, if there are conspiracy theories, some capital forces see an opportunity to push the market to a deep bear, so that capital can get more bloody chips. Therefore, the next change from a bear market to a bull market may only require a market signal. I think this signal is the truce between Russia and Ukraine. Once the truce between Russia and Ukraine, inflation will ease, the economy will begin to recover, and the market will enter a period of stable bottoming. Slowly it will start the next bull market.
Q2: With the ups and downs of the market, the project is also changing its development ideas in
coordination with the market. BXH has been officially restarted in May this year. As one of the
participants of BXH, could you ask Brain to give you more information on the recent
developments of BXH, so that everyone here can better understand the strategic plan after BXH.
CMO Brian: OK, let me introduce you to BXH. Actually former BXH is a DeFi financial platform that integrates DEX and Smart AI Pool. It was established in January of 2021.Two weeks after its launch in March 2020, the dual currency flow of DEX The cross TVL is as high as 1.3 billion US dollars, the 24-hour transaction volume of DEX has exceeded 100 million US dollars for a long time And the peak value of single-currency machine gun pool TVL has exceeded 1 billion US dollars, which has remained at around 800 million US dollars for a long time, and has been running smoothly for more than 8 months. But unfortunately, in November 2021, we caused a major security incident due to technical loopholes and management details. The platform was hacked and caused a painful lesson in the hacked theft of $139 million. After the incident, our BXH team has been working hard to face the consequences of the incident, and has been properly handling and promising that users will not lose their assets due to the theft incident. In the past over six months, the BXH team has been cooperating with the Chinese police and multinational security teams to track the whereabouts of assets and track down hackers Fortunately, with the efforts of the police and security team, the stolen assets have not been transferred in the past six months. The police and security team have a large number of important clues. According to the clues, the police can determine that the person who stole the assets is a hacker gang in China. The police are making every effort to track down the assets. As you can see under such a major safety accident and a crisis of trust, the BXH platform has not collapsed. The BXH team has always been adhering to the brand meaning of the foolish child, striving to pursue their dreams and never giving up. So at the moment, it seems that it is almost only a matter of time before the stolen assets are recovered. We are making more and better preparations for the next development of the platform, so the platform restarted a few weeks ago. One day, and launched a new strategy of the CeDeFi platform, once the platform assets are recovered, our BXH Foolish Child will be reborn from the ashes of phoenix nirvana.
Q3: When BXH restarted, it was announced to build BXH DeFi 3.0 with the CeDeFi financial
platform. From the perspective of DeFi, what updates will BXH have?
CEO Neo: BXH will still focus on the Staking Pool of the single-currency machine gun pool, and Dex will only retain the trading area of the BXH platform currency and innovative currencies of other cooperative project parties in the future, temporarily abandoning competition with other Dex platforms, because we found Dex liquidity Mining is not a very good business model. In addition, we at BXH will focus on cross-chain transactions. The demand for cross-chain transactions will increase, so in the DeFi field, we only retain functions that have real needs in the future. Use a single-currency fund pool to support the liquidity of all businesses and improve the efficiency and yield of single-currency assets.
Q4: As an early leading player in the Dex industry, I believe that the DeFi part of the business has
already been prepared. According to the current news, the BXH CeFi trading platform will be
launched at the end of this month. Can you tell us the development plan of the CeFi part in
advance?

CEO Neo: In the CeFi part of BXH, we see that the yield of DeFi is declining, while the yield of CeFi centralized exchanges is constantly increasing.
The number of users participating in the Web3.0 and Crypto industries has surged in the past two years.
I believe More new users will come in the future. At the time of this bull-bear transition, we hope to compete for the top industry of the food chain in the Crypto industry through a more transparent and open operation method and the combination of CeFi and DeFi.
Our CeFi centralized exchange has several tactical highlights:
One: First of all, the combination of CeFi and DeFi is our innovation compared with other platforms. We will adopt a more open and transparent governance method,
and will make the CeFi fund pool transparent and keep it in the decentralized smart contract of DeFi.
Open and transparent use of platform assets, in the process, the third income obtained by platform assets will also be shared by all platform users.
Two: BXH will adopt compliant operations, and BXH will apply for compliant licenses worldwide. The platform of each country is operated independently according to the laws of each country, but some of the benefits are shared by all platform users.
Countries that have approached compliance license applications include India, Turkey, the Philippines and Serbia.
Three: BXH.com global station will focus more on developing contracts and futures and other derivatives transactions. And take advantage of the existing global legal currency payment channel of the BXH team to develop the OTC platform business.
BXH’s CeDeFi platform will start to launch various functions at the end of the month.
At that time, users can log in to BXH.com to directly enter the Dapp to participate in the DeFi business. They can also directly download the exchange app on the official website, and can also be used directly in the CeFi exchange app. The wallet function enters the DeFi platform.
Q5: BXH aims to create a CeDeFi one-stop financial platform with comprehensive advantages. A
professional and inclusive trading environment must be matched with a good ecological
development system. What plans will we have for this part?

CEO Neo: In the future planning of BXH, we will also launch our own or in-depth cooperation public chain platform, just like Binance and BSC public chain, to develop our own ecological projects.
It has its own wallet system, just like the Coin base wallet system, which serves the various needs of its users in DeFi and asset management, and develops an ecological offline payment system through wallets.
The team will launch these products and functions in the next three months or so.
The BXH team has a high level of technical resources and operational experience.
Once these products are launched, BXH will launch our own Stable Coin to strengthen the ecological integration development strategy.
Q6: Thanks Neo for sharing the future ecosystem of BXH. I believe that with the dual advantages
of CeFi+DeFi, BXH will be competitive among the world’s top exchanges. So how do you grow
the market and enlist more investors onto the platform?

CMO Brian:
In the immediate future, we will mainly focus on the following markets:
1. International Chinese markets
2. India
3. Eastern European, Russian and Central Asian and Korea
These are the main markets
We will vigorously promote community and brand building by applying for compliance operation licenses from major countries in the above markets and through market community development. Promote the market by recruiting community brand representatives, implementing market incentive and other programs.
We will also leverage branding and social media exposure in target markets around the world to help gain more user traffic and assist community brand partners to develop the international market.
Q7: Thank you for the detailed reply. Our session is coming to an end. Is there anything else you
want to say? Or an Easter egg for everyone?(I don’t know what this means).

CMO Brian: In order to better cooperate with the promotion and development of the BXH Foolish Child brand and market, we will soon launch the BXH NFT Stakeholder Collection. Through NFT, we are looking for our partners and users who have the same mission, common goals and ideals, and common values with our project to share this story to the whole world. We chase dreams together and never give up.

TWITTER SEGMENT QUESTION
Q1.I read that in BXH, All the relevant decisions about the future of the project are taken by a DAO. What will be the methodology or system that will be used to make important decisions regarding the overall ecosystem of the project? What Governance rights will the user have?
CMO Brian: DAO is really import these days, for us we don’t want the project be centralized as many other governance in world. I believe with the BXH DAO Community we will create and outstanding way of methodology system that will be fair to each stakeholder, right our DAO under the development stage so keep tuned and we will announce more details about it soon.
Q2.NFT is really hot topic now in the market. So, how do Your #BXH project plan to onboard the development of NFTs and how do Your #BXH project plan to combine it with DeFi?
CMO Brian: Yes, NFT is very hot topic recently, and our project very soon will launch own BXH NFT Stakeholder Collection, this a collection will be separated to two levels, and we will use Free Mint function to send it to our community. So please keep follow our Discord channel we will announce this program soon.
Q3.Audit play an important role in finding out the known bugs of smart contract. Can you tell us how strong security system? Have you done an audit by any third party before?
CMO Brian: Of course audits of smart contracts is the most important part. Especially when experienced the hacking leak on ourselves. So, the security is always will be a priority №1 for us. Right now our smart contact is under the auditing process with Smart State company, and previously we have audited with many famous security companies including PeckSheild, etc.
Q4.According to the roadmap, what is your most important next priority?
CMO Brian: Our next important priority as said our CEO Neo Wang is to launch Cefi Exchange, which we are planning to launch in the end of this month.
Q5….Almost 3/4 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
CMO Brian: And would say this is a huge mistake of these people.. I would say “Rome wasn’t build in one day”, same as bitcoin didn’t growth in one year. So, for us it’s important to keep motivated as our vision is not only in next half or a year, we are looking a way more forward for next century, and this how can we the future of market in terms of long terms.

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