About
Chatex is a friendly social neobank driven by crypto and powered by Telegram messenger. Our mission is to provide millions of people around the world with an easy and secure way to access cryptocurrencies.
Chatex of 2020 is a mature project and as you already know - we are early adopters of FreeTON, and we want to move along together and grow together.
Chatex modules currently available in Telegram:
- Multicurrency smart cryptowallet;
- P2P marketplace for crypto-fiat exchange with Escrow;
- Crypto-crypto exchange (any-to-any);
- Chatex Pay - merchant accounts and invoicing;
At the date our user base counts ~157 000 users worldwide. We plan to expand on different markets, especially India, LATAM, Africa and Asia.
We see a great synergy between Chatex and FreeTON which starts from the basic concept: TON Crystal Token itself is a marketing tool!
We can share here the results of first test of TON Crystal adoption:
New FreeTON token holders: ~ +700
Trading volume: ~ $2 000 000
Mainnet % accounts (chatex created): 25% of total (!!!)
We think that these stats are pretty self-explanatory.
Proposal
We propose to:
- Boost TON Crystal market penetration. New markets => new users => new wallets => more transactions =>+ more adoption. Plus, more remittance flow potential can be created. People will understand that TON Crystal is the best tool for cross-border transactions.
- Create a payment alternative for those who are still underbanked (or even unbanked). Telegram is popular across emerging markets because it is the only lightweight, secure/private, censorship resistant messenger. #Endless bot development potential enables us to provide solutions to economic challenges of developing markets through in-app crypto services. Emerging markets often have economical challenges, that’s why it takes the people’s attention to cryptocurrencies. A regular user, a merchant from a distant region can get access to a payment processing. No need in intermediaries anymore.
- Create secondary market circulation of TON Crystal. Chatex can also provide exchange of TON Crystal to non-classic payment methods. For example Gift Cards, in-game items and collectibles etc.
- Telegram power + Cryptocurrency unleashed. Telegram has tools for community building and things for something to get viral. It makes it easy to acquire new users via referral mechanics and word of mouth.
- TON Crystal social buzz creation via co-branded advertising campaign.
Token request
450 000 Tokens, upfront
These tokens would be fully allocated for goal achievement toolset: traders rewards, cashback and new markets expansion.
Integration fee: 0
KPI
Proposed activities will allows us:
- to attract 35 000 new users from emerging markets and onboard them to TON
- to introduce TON to 12 000 existing active users
A user can be considered active for wallet creation and 1 transaction.
Main GEO: India, LATAM, Africa and Asia.
Extra reward
- Extra 40 000 tokens for 10 000 new users. Capped at: 250 000 users or 1 000 000 Tokens
Goal achievement toolset
1. Cashback program
Whenever a customer buys any crypto for fiat, he will get a cashback of 1 TON Crystal for every 100$ worth of crypto purchased.
Result: Every active Chatex user will get some TON Crystal tokens and will have an incentive to get to know more about TON and how to utilize it. Once the threshold is met and cashback is credited there will be a corresponding message shown (depends on localization) with community resources links. For example, if the user’s language is set to Russian, he will get a Russian community link t.me/freeTONru and a small sneak peek of what it is about.
Anti-abuse measures: limited to maximum payout of 100 TON per month
Tokens allocation: 50 000
2. Traders reward program
No matter what crypto he trades, for every $10k worth of crypto sold during the last month a trader will be rewarded with 100 TON Crystal tokens.
Result: Traders from different geo regions will get TON Crystals and trade them as well. Thus customers from different countries will be able to purchase TON Crystals with any local currencies.
Anti-abuse measures: limited to a maximum payout of 1000 TON per month
Tokens allocation: 50 000
3. Advertising campaign for new markets
Creative concepts would be based on TON Crystal mentions and references.
New users from certain countries like India, Indonesia, Brazil, Argentina, Venezuela will receive a one-time welcome bonus of 3 TON Crystal tokens.
Tokens allocation: 350 000
New markets expansion would boost new traders activity paired with local currency (since Chatex is peer-2-peer)
If accepted, Chatex’s wallet address for token distribution is as follows:
0:ac8016e6a27436d0c5fdac85e2fdee11c8d900dba34bb92949cee53f42a6f45b
. Many thanks to everyone
