Project Rundown Interview with the Bancambios project

Disclaimer: The Capital has received payment in exchange for writing this articleHey guys! Happy to connect with you today and learn more about the Bancambios project! Can you tell us more about the founding of the project and what problem you’re addressing?Hey everyone! It’s such a huge pleasure to be with you today to discuss our project. Yes, we’re launching the first product of Bancambios Financial Technologies, which is the Bancambios Exchange.Our go-to market strategy is aiming to convince older generations who relate to the word “Bank” (as a safe place to store their money) to join the financial renaissance as we call it. By educating them about the immense benefits of crypto, we’ll onboard them on the platform and they’ll enjoy better interest rates by converting their fiat money into stablecoins. We’re also preparing new asset reallocation strategies so retail, small and large enterprises to corporate money market managers can have access to the new asset class.We’re fundraising our project through the token sale of our exchange token Bancambios XA with ticker “BX” via private sale, pre-sale, IEO and IDO. The BX token won’t only be an exchange token, but it would also serve as the native token of Banfi Network, the DeFi ecosystem we’re building on the Ethereum blockchain. Besides the above function, the BX token would also be used for DEX trades, Liquidity Pools, LP Tokens and other DeFi innovations on the network.Thanks to this strong tokenomics model, the token will maintain a healthy value over time, as the platform builds up transaction volume off-chain and on-chain. This would help attract both people entering the crypto space via centralized exchanges and the Decentralized Finance wallet users.Why do you think education is so important in the crypto space, and what are your plans in this regard?Indeed, education plays…