The community at large had plenty of questions for the aXpire team in their recent Ask Me Anything (AMA). Here are some of the key points of discussion around from the event:
When will PayBX launch?
Joakim: We’re now hiring three roles, dedicated to PayBX: a UI/UX designer, blockchain developer, and a mobile developer. These roles should be filled within the next month or so, at which point we’ll have a firm date around the launch.
We’ve scoped out the technical requirements fully and development will ramp up quickly. We’re aiming for a relatively fast launch this year, this summer (in Q3).
Gary: We’ve never stopped thinking about the community, but the truth is that the only way we can get to a point of sustainable growth has been by building. We’ve been building for 3 years now, and as you can see, we’re releasing products. Bilr, ExpenseCore, and soon PayBX — which will all be followed by their own marketing push. Market makers and marketers are also scaling their involvement with the project and pushing out good news.
We’re not about doing things half-way, but about doing it correctly. We’re committing to PayBX, and we’re committing to the launch and scale of our B2B products.
How can we expect transparency in burns since the revenues are not public? When would the burns be resumed again?
Gary: Burns will be resumed but the delay here is caused by the bank deal, the moves towards launching PayBX, and other moves behind the scenes.
We’re figuring out how to improve transparency here. This might involve a trusted third-party such as an accountant.
Will PayBX definitely launch in Europe?
Joakim: PayBX is 100% starting in Europe.
Will MatchBX be coming back?
Joakim: MatchBX is looking likely to make a comeback as a fully decentralized platform using Kleros for arbitration. Exciting stuff, actually, and it would improve [the AXPR token’s] utility.
When will the latest roadmap be ready?
Joakim: A roadmap is coming after our new websites launch, as a v2 of the website. We need to make the PayBX hires first in order to provide firm dates.
When will the latest websites be launched?
Joakim: This month, or rather this weekend, our new websites are coming out. This means we can start with influencers and pushing out more content, as well as starting our different B2B ad campaigns.
What features will PayBX have when it’s released?
Joakim: In terms of pure features. PayBX will allow you to:
- Spend crypto with your debit card
- Buy/sell crypto into FIAT
- Swap crypto-to-crypto
- Earn APY on BTC, ETH, and stable coins
- Send crypto to friends without fees
- Merchant acceptance (with conversion to USD if desired)
What conferences, meetings, and connections has aXpire been building upon? Are there any possibilities of partnerships?
Joakim: We are finalizing a partnership with a sales consultancy company in the UK who will be introducing ExpenseCore to the UK market. They have a list of relationships within hospitality and similar industries, which are all relevant targets for ExpenseCore.
In terms of events — these have been scarce in COVID times. However, we attended a socially distanced meeting with the Miami Downtown Development Authority specifically around digital assets, and we’re having more and more conversations around this with investors and funds due to the NFT craze.
In terms of virtual events, we’re going to be looking at a few industry organizations to see if there’s value to them. After COVID, we’ll look at trade shows again.
Are there any updates about your Digital Shares product?
Joakim: Yes, there has actually been a lot of chatter around this product lately. We will launch a revamped website for Digital Shares, and are talking to a few potential leads about building out the remaining pieces of it.
What other products do you plan on launching in the future, besides Digital Shares and PayBX?
Joakim: eBilr (a version of the product focused on e-billing), more versions of ExpenseCore, and likely a generalized version of Bilr that is compatible with any type of business.
