AMA Recap — MTGX x ProBit Global

Speaker: Steve

Chief Strategy Office

Speaker: Jeff

Chief Governance Officer

Hello Everyone! It’s a pleasure to be here!

This is our leadership team.

This is our global structure.

Part 1 — Introduction

Please provide our audience with an overview of the project — what problems does Montage Token seek to address? And what have you set out to accomplish?

Montage Token (MTGX) was created to bring unity and safety to the crypto market,

Montage exists to ensure our community can trade crypto with confidence & innovate positive change through the adoption of digital currency.

Our mission is to create a safe, secure & worry-free digital ecosystem that levels the playing field for all traders.

Success for Montage Token is defined by enabling secure trading, global adoption, and establishing a market-leading ecosystem through its unique contract and safety features, ultimately setting a new standard for the crypto and web3 community.

Our Vision is an active global community that is empowered to utilize crypto technology safely & securely in their daily lives.

What is the utility of the MTGX token, and can you tell us about its features?

• Safe, Secure Digital Contract:

Montage has assembled a truly unique and worry-free digital asset, by bringing together an innovative contract, automatic blacklisting of malicious actors. Tokenomic’s support a sustainable, deflationary store of value.

• Montage Foundation:

We put the community at the center of everything we do so that they can authentically advocate for our brand within their local communities.

Our “decentralized global structure” will enable localized execution of the strategic plan worldwide.

Montage Foundation will directly sponsor charitable activities in local communities to promote positive change through the adoption of digital currency.

• Montage Startup Incubator:

Montage Startup Incubator will provide structured and collaborative support for crypto entrepreneurs to build their business from the ground up using the principles of ‘open innovation’.

Projects that meet specific quality, security and ethics requirements will benefit from an external boost to run, grow and thrive.

Montage support for these projects may even be in the form of an equity partnership to promote mutual growth.

• Payment Gateway, Onramp & Offramp

Integrate Onramp & Offramp capability within Montage-X DEX.

Develop VISA / Mastercard transaction solution & integrate into the Montage ecosystem (pay using crypto).

Solution provides valuable utility the Montage ecosystem.

• Montage X (DEX)

A Decentralized Exchange (DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders.

A DEX fosters financial transactions that aren’t officiated by banks, brokers, payment processors, or any other kind of intermediary.

Funds in a DEX trade are stored on the traders’ own wallets, they are theoretically less susceptible to a hack.

• Montage Blockchain

The goal is to find an effective balance between network security, decentralization, and scalability.

How do you push scalability without damaging decentralization, security, or both?

The fundamental design of how blockchain works makes it hard to scale. Increase one, and you weaken another.

Can you tell us a bit about your tokenomics and project fundamentals?

Tokenomics:

Total Supply: 10,000,000,000 (10B)

Initial Burn: 4,600,000,000 (46%)

Circulating Supply: 5,400,000,000 (54%)

Liquidity: Locked pool (coded)

Buy Tax: 1% Buy (Marketing)

Sell Tax: 1% (Marketing), 0.6% (Liquidity), 0.5% (Foundation) 0.4% (Burn)

Innovative contract that Blacklists malicious BOTs

Multi Sig marketing wallet

Innovative coding and active security monitoring dramatically reduces the influence of BOTs & malicious actors

What’s something unique that MTGX is doing which sets you apart?

Building a Truly Global Community:

• Our global operations is structured into 5 Regions
• Regional Leads and Ambassadors
• Localise the Montage brand within each community
• Montage Foundation
• Innovate positive change around the world
• Funding built into tokenomics

What does the roadmap look like for MTGX? What are your major goals for 2023 and beyond?

Montage Token is focusing its efforts across three growth horizons and four strategic goals:

Part 2 — Twitter Questions

• Question 1 comes from @onepieceX54 (Zoya):

Can you tell us some of the remarkable ways to earn more $MTGX in your platform? What are the benefits of buying your tokens especially now that we are in bear market? What are the advantages of holding $MTGX for a long time?

Answer:

We are planning on launching a member rewards dapp within our new website that will allow NFT holders to earn rewards. The solution is in planning and is expected to launch in Q1 2024.

• Question 2 is from @Twilight_Btc (Jasmine):

Non-crypto user is very important for mainstream adoption. How you are planning to attract non-crypto users towards your project? Is there any upcoming partnership that will brings non-crypto user and real-use case?

Answer:

The answer is in the community adoption of the token for real world purchases. One of the first use cases we are already working on is a decentralized wallet with payment capabilities (VISA/Mastercard).

• Question 3 comes from @lady_down_south asks:

Community is a core element of Montage’s proposition. How does Montage actively involve and prioritize its community, and in what ways can community members advocate for the brand within their local communities?

Answer:

Our Global structure has regional leads and ambassadors who’s role will be to advocate for the brand with =in their communities. They will also be the interface of our charity to local causes. We have already started to initiate this structure.

• @izzet_aral asks question 4:

The total supply of Montage Token is 10 billion, with an initial burn of 46%. What was the rationale behind this burn rate, and how does it impact the token’s value and scarcity?

Answer:

The initial burn is only the starting point to rapidly reduce circulating supply. Montage also has an inbuilt burn in the tokenomics to continue to reduce the supply over time. We have seen other projects do one but not both of these elements. The token in this sense becomes deflationary.

• Question 5 comes from @Keylo190:

Why did Montage Token team decided to building $MTGX token on the ETH network? do you guys have any future plans to integrate additional blockchain networks into Montage Token platform?

Answer:

There are multiple levels to this question. We did consider a range of blockchain options however the resounding advice we received was that ETH currently has the market dominance is best suited to our needs. In our roadmap we are planning for our own Block chain which we factor into the future requirements of our project.

Part 3 — Live Quiz

Question 1: Is Montage a meme token or utility token?

• Utility

Question 2: How many Utilities are listed in the Montage Whitepaper?

• Six

Question 3: What is the Montage Chief Strategy Officer’s call sign??

• Midnight Phoenix

Question 4: What is the total token supply on the Montage contract?

• 10B

Question 5: What is the name of Montage Charity?

• Montage Foundation

And that brings to a close our AMA! Thanks to everyone who participated to make this event a success! Thank you, especially, to the MTGX team for the great AMA session! We are pretty sure our community now knows better about the MTGX project & team!

Round 2 of the Montage Token IEO is still open, and you find it right here on ProBit Global:

https://www.probit.com/en-us/ieo/MTGX-round2/0