September 19-th held an Ask Me Anything session at ICO Speaks telegram chat. From the Degethal side there was:
💻 George Alin Luca | CEO of DeGeThal | @Alin_George_Luca
Let’s get started!
Q: Who is Alin George Luca? Please do a short self intro.
A: Well, i’m a handsome guy , full with energy, and pasionate about racing cars 🙂
I am a person who loves to travel, a very energetic person, I like photography (at amateur level), I like adrenaline, I like sports very much, I once did boxing and a little karate, but now I am a racing driver, during my free time.
I have a Porsche 911 GT3 CUP, the last car of multiple world rally champion Sebastien Loeb.
I’ve participated in the Hillclimb Championship, i have several vice champion titles, In 2020 I won the 3rd place in the GT class with Alex Mirea and my godfather , Mihai Leu.
I am a man who works a lot, I gained experience in business because I lived most of the time in Belgium, but the sorrow for the country brought me home .
I have developed several businesses over time, including a company in the field of shipbuilding, a company in the field of electrical installations, a company in the field of business management, but also another company dealing with diamonds, hand crafted luxury jewelry , unique jewelry and precious stones.
I speak English, French and Dutch.
I had many obstacles in my life but I am always founding the best solutions.
Q: How did you get into crypto? After rasing cars and shipbuilding?
A: I got into crypto in 2012, I have bought some BTC, but of course I have lost the wallet pass, then I got more intense from 2018 a bit, I usually buy and hold. This should be the first rule in crypto and of course to invest only what you are able to lose.
What took me to this bussines is that i paid an invoice to somewone via USDT , in India
Q: What does Degethal mean and why did you choose this name?
A: DeGeThal – www.degethal.com comes from Decentralised Thaller. Thaller it’s the very first Europe’s coin, so we are building an ecosystem that it is its first of its kind, as we do it. Decentralized Thaller it’s the new DeFi of the people.
DeGeThal -www.degethal.com comes in response to my needs, my human needs, my taxpayer needs, my banking user needs, but especially my needs to have everything as simple and fast as possible in the crypto area.
I have thought and rethought this project 100 times so far.
DeGeThal -www.degethal.com is different from everything on the market because it is designed for users who do not want to complicate with unnecessary buttons.
It is thought very simple, easy to use, but above all, it solves major problems.
It is an application that, after installing it, allows you to open a bank account in less than 1 minute (account in Lei, Euro, USD).
Of course, as I have said before you have to do KYC in less than 24 hours, to be activated.
Accounts will be opened with a bank in Lithuania or Belgium.
After that, you will be able to make a Master Card or Visa card, you can also make a virtual card to use for online shopping, (for example the card to pay various subscriptions, such as Netlix, Prime Video ect.) .
You will be able to see them, block them if you want, know where your money is going.
In the same application you can connect other accounts from other banks if you want, so you no longer need more applications to show you how much money you have, adding them is very easy.
All these accounts can be connected to one card, so you can leave the rest of the cards at home, you only need DeGeThal, that’s all.
The order of the accounts to be debited can be selected very easily, by drag and drop.
How? Simple, just drag up the account you want to be the main one for payment, and if you want to pay something that exceeds the value of the amount you have in the first account, is automatically filled in with money from the second account.
If we have an account for BTC, DTM, ETH or other crypto currencies, you do exactly the same, you place them as you want and you can pay with crypto. (feature available in the second part of the application), where we integrate our own blockchain and exchange.
There is also a savings account option, by rounding the amounts you pay.
Q: In what stage is the DeGeThal project now?
A: We have now released our very first demo app and currently we are in presale stage 1- presale.degethal.com . There will be one more presale and then we go listed into an premium CeX, but also we are now signing with companies partnerships, also begining to obtain e-banking licence for Eu in first stage,then USA.
Q: What is the utility of the token?
A: First of all, you need to have DTM so you can use our banking app, you can pay with DTM network fees and smart contracts , when you stake a certain amount of DTM you get premium account that will bring you higher amount of money you can get from ATM, lower fees for Exchange, you can also have cashback when you pay by card, you also pay the exchange fees with DTM.
Q: Is Degethal a pioneering platform in this field?
A: DeGeThal is the very first ecosystem in the world that unify FIAT and Crypto under the same roof, meaning you can go anywhere in the world only with a single card, the one from us, and you can pay with fiat or crypto, with the same card. You can add your other bank accounts in the app, you can pay with the same card.
You can also add your meal ticket and pay . When you want to pay for eg. with a meal ticket, many countries have a day limit of 5, 10 dollars or euros. When you have this already added into our app, you pay even a bigger amount of money in one time and the sistem takes automatic the 5 or 10 dollars/ euro on the limit and then will automatic debited the next account until the necessary amount, so you don’t have to pay with several cards and so on. I dont feel comfortable when i must pay with at least 2 cards for one product, maybe i dont have enough money onto my first acount, it can happen to anyone, so the sistem helps me out. Moreover, you can buy in 3 clicks any crypto, or sell in 3 clicks, and you get straight the money into your bank account.
Q: What is DeGeThal’s plan to perform in the future?
A: We begin next year also to develop the blockchain and integrate this with our payment app and own exchange. Further, we want to develop solutions for B2B, we are working on a solution like i’ve previosly mentioned , so when you want to pay an invoice, you don’t have to introduce all the infos( bank account, name , amount etc) but this will happen auto via our app, thus you save a lot of time, but also payment solutions for companies.
Q: Why did you choose the listing to be on CEX and not on Pancakeswap?
A: Because we have saw a lot of projects getting listed there and failing. Most important is that we offer stake straight onto exchange, we dont want to go on a free listing, we choose to go on a premium exchange, so we benefit from their exposure and market.😄
Q: Why do you intend to have your own blockchain?
A: Our plan is to develope an even faster blockchain that will be used also for payment apps and for international transfers, dapps and smart contracts can be builded onto the network, also can be monetized, will bring profit to the company.
Q: When will the application be launched and what will differentiate it from the rest of the banking applications?
A: The payment app is expected in 9-10 months. What is different is that you can also manage the crypto you own, and also when you use our exchange you get your money straight into your bank account, you can easy buy or sell crypto and also manage all your bank accounts from our app. You can manage all your other bank acounts, its way easier and simple to use, you can also add crypto into our app from external wallets. You get your money in seconds, no need to make several transfers like today.😎
Q: A lot of scam projects lately. Pulling the rug creates a loss for investors. why should we trust your project? Aren’t you going to do the same?
A: Well, i invested my own money, we have public all the team, we have also some big companies investing in us 🙂
Q: Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
A: Have a look on www.degethal.com, no other tokens can be minted
Q: Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
A: Manage your acounts with ease, my grandma can use it, but also fast and instant money from crypto
Q: How Do you planning to promote Degethal project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?
A: We go with influencers from those countries as well. Many answers at these questions can be found onto our web site WWW.DEGETHAL.COM
Q: How secure are your smarts contract? Which company will do Audit in the future?
A: We have audit, and for security with our app, we already work with Softbinator, its also an investor .
Q: What does your roadmap for 2021-22 look like? Name some important milestones you are hoping to achieve?
A: Launching payment app and reaching 200k users.
Q: Where can I buy your token? Is it available on any exchange?is there any website link for this project?
A: You find details on our website.
Q: Is your platform suitable for Crypto beginners?
A: We have 3 interface, 2 for beginers and one for advanced users
Q: NFT is a popular topic right now, do you have plan to have new development regarding NFT? What is your opinion regarding NFT nowaday?
A: We will offer an NFT market in the near future, can be paid by DTM, our coin
ICOSpeaks hosted an AMA Session with the Degethal Team. That’s all for today.
Thanks to all users who participated.
Thanks, Degethal for being with us
Thanks, all and see you soon😉