ChilliSwap AMA Recap

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Polygon_Daily Admin: Hello and welcome, how are you today?

Mr.Spicy: It is my utmost pleasure to be part of this AMA and the amazing community. Thanks for having me here!

Polygon_Daily Admin: Happy to hear! Ready to start our AMA?

Mr.Spicy: Let’s spice it up.


Q1: Let’s start off with an introduction of your team. Can you tell us a bit about the team and their experience with crypto projects?

Mr.Spicy: ChilliSwap team is young yet has an experienced team who have worked around the DeFi space. We have our team spread across the globe! Currently, our team comprises of 6 DeFi developers, 1 Project Manager, 1 CSO and 1 CMO. The developers are headed by CTO who has years of experience in this field.

I am the CEO and currently handling the operations for ChilliSwap! I am proud to be a part of a young team.

Q2: Can you explain to those finding out about you for the first time what your project is about? So why the name ChilliSwap and the story behind?

Mr.Spicy: ChilliSwap is a DEX and ecosystem that allows users to trade tokens, yield farms, and stakes, and is also an NFT digital marketplace for Fine Art with NFT gaming. ChilliSwap Platform has a high level of user-friendliness, attracting a large number of users outside the community.

DeFi facilitates the safe and secure exchange of cryptocurrencies. Thanks to the AI analysis tool available on our platform, our platform allows users to verify the legitimacy of tokens. ChilliSwap guarantees lightning-fast response, low latency tickers, and no lag in order execution. It reduces slippage and impact costs.

DeFi facilitates the safe and secure exchange of cryptocurrencies. Thanks to the AI analysis tool available on our platform, our platform allows users to verify the legitimacy of tokens. ChilliSwap guarantees lightning-fast response, low latency tickers, and no lag in order execution. It reduces slippage and impact costs.

It’s a community-driven platform for collectors and artists to trade collectibles, art, and ideas. Play games and explore the DeFi space. The red-hot chilli has a lot to do with our project which is exciting, hot, spicy, peppery, and blazing, hence the name ChilliSwap!

Q3: Can you walk us through the Hot & Spicy benefits?

Mr.Spicy: User acquisition and engagement are two of the major technical issues facing existing DEXs. This challenge is addressed by Chilliswap’s multifaceted ecosystem. Here are some highlights.

Swaps: Swaps allow you to trade your cryptos

Pools: Liquidity providers earn up to 0.3% fee on all trades proportional to their share of the pool.

Staking: You can earn rewards on your invested cryptos by staking on ChilliSwap by adding Pancakeswap LP to their staking pool and earn interest annually.

NFT: ChilliSwap has integrated an NFT marketplace on its platform.

Analytic tool: We have an AI-based audit tool for fraud detection that highlights liquidity pools that might be fraudulent.

NFT Game: We will soon be releasing our very own NFT game for the community. The NFT game will help boost the existing NFT platform and create substantial value and weight for the Chilli brand. It aims to aid in the circular ecosystem that revolves around the $CHLI tokens.

ChilliSwap’s primary goal is to make it a premium marketplace where Fine Art collectors and creators can gain access to highly valuable digital artwork. Another strategy will be to develop a state-of-the-art NFT game and reward scheme to enhance the token’s utility.

Q4: What are the advantages using ChilliSwapDex compared to other?

Mr.Spicy: We are here to bring something amazing for our community 

With the age of the internet and social media, oftentimes digital creators are unable to truly own their art and authenticate it. This is a problem solved with the technology of blockchain as the information regarding the work is stored forever.

Dex’s like ChilliSwap help creatives have direct access to their audiences without middlemen or corporations. It allows them to freely share their work, grow an audience of fans, and potentially monetize and profit from it.

In addition to its NFT marketplace, ChilliSwap will have a rewards program. Its goal is to attract new users to the Dex, thereby growing the $CHLI community. The program’s fringe benefits include providing users with $CHLI tokens when they actively trade on the Dex.

ChilliSwap is creating its very own NFT game in a play-to-earn style model. By playing the NFT game, users can win $CHLI tokens. The NFT game will be an easy and simplified method for people without a crypto background to participate and win tokens (trade). Be sure to follow our game progress, a teaser will be coming soon!

Q5: Let’s talk about your token. Tokenomics & What are the use cases? Does it get audited?

Mr.Spicy: Our token ticker is $CHLI Our long-term is very simple. We are not providing just a single feature. We have our own NFT platform on which 2 months back we sold an NFT of a renowned Saudi Arabian artist for 260 ETH.

We have adapted even further by working on a reward structure for the community and we will launch our E-games soon! The real value of an entire ecosystem with exciting features is massive!

We have utility planned around and across all the platforms available in the ecosystem. Do have a look at our website for more information.

As per our tokenomics, the total supply is 300,000,000 $CHLI. For a detailed description, visit chilliswap.org

We do have enough technology for security. It is audited by Certik.io The audit report is available at – github.com/Chilliswap-org/staking-contract/blob/92be2f5ea7888b449cf1d3fe873a15da4d37a3a0/audit_report/REP-ChilliSwap_ChilliFarm.pdf

Q6: Let’s talk about partnerships & influencers that you are collaborating with.

Mr.Spicy: Our project is well-funded. We have private investors and have done a decent private sale. And when it comes to partnerships, we are currently working out with non-profit organizations as well.

As far as the influencers are concerned, we have worked with Crypto Chris, Sayed Soft, Crypto Lady, Crypto Matt, NomadFury, Crypto Sara, Crypto Tony, Clever Crypto Dog, Cryptomist, Crypto Kitty and many others to come in the near future.

Q7: Can you share your Roadmap in the next 6 months?

Mr.Spicy: We are very focused to what will be rolled out for the amazing community! We have the following activities planned for the coming months –

Token Listing on CEX

Launch of early access NFT rewards

MVP of E-games (NFT Game)

Staking platform launch

Exchange launch with Matic chain

Token Launch on Matic

Farm and mint NFT

Our marketing strategy simply revolves around the community. We are building a platform keeping in mind the growing needs of our users. With the growing need for NFT games, we are building a really interesting e-game (to push for the mass adoption of cryptos all over the world).

Q8: Where can we find out more about ChilliSwap on social media?

Mr.Spicy: We are highly active with our community in social media

You can find us at –

Medium – medium.com/@ChilliSwap

Telegram – t.me/ChilliSwap

Twitter – twitter.com/chilliswapdex

For more information about the project, visit chilliswap.org


Polygon_Daily Admin: With this, we are now at the end of our AMA session with ChilliSwap.

Time for wrapping up, any last words you would like to say to our community?

Mr.Spicy: Thank you so very much Polygon Daily for having Mr.Spicy over today! It was mine and my team’s absolute honour to be part of this community and the AMA.

Very insightful questions and we are working towards developing something fiery, hot and spicy platform for all!

I would be more than happy to answer any questions. So do feel free to DM me directly or message us @Chilliswap

Polygon_Daily Admin: Thank you so much for spending time with our community & all the very best for ChilliSwap.

Source : bscdaily

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