So continuing on my journey to meet all the companies which I personally invested in 2017, today I met Evgeniy Butyaev (CTO & Co-founder), Eugene Ivantsov (Pr Director) and Ekaterina Kovshevnaya (Senior PR manager) who all gave me a very warm welcome at their main office in Moscow. It is important to note that they have offices in London and Singapore all 3 are prime locations for this industry.
Their offices are are nice and modern but surprisingly with an atmosphere of purely hard workers. Each person I spoke to was a professional in their field and even the office was clearly split into teams (1st photo above) such as: business development, pr, client and investor relations etc. Also as seen on the right hand side their is a completely separate office where the technical team work (3rd photo above) and the way they explained it to me is that they work 24/7 to make sure there is always somebody on call and any issues can be fixed, to be honest that’s pretty impressive. The middle picture was their hallway just thought it looked nice so took a snap haha.
So lets get to it! Here are the questions I asked and I am sure most of you would want to know the answers to:
- Tell me about your project in your own words:
We are a blockchain platform with a new consensus, a different focus and most importantly a unique blockchain speed, which to them is their USP (unique selling point).
- So you mentioned in your whitepaper that your blockchain and tech would be ideal for the financial industry, why is this and what are your plans?
So yes the financial industry is a great one to target for us because we will be able to provide the required scalability and low fees required for such an industry but as you can see the Credits team is focusing heavily on international business and that is not the only industry we wish to focus on as we are currently in talks with HR-Management & Science related industry companies also as we feel strongly we can provide the time and cost saving results to all of them through our blockchain and the tech behind it.
Also we have been speaking with the Indian government about a possible collaboration which could turn out to be a huge step forward for us but of course until anything is in black and white we cannot officially announce such things, but rest assured we have been growing since our ICO at phenomenal speed.
- “Well that’s is great to hear and it actually brings me to my next question” We all know after the ICO is when the work actually begins, so tell me and the people on my blog how has life been after the ICO?
Well we’ve had a clear picture of our next steps so we focused heavily on development and promotion, with regular meetings and visits to events we understand the importance of being involved within the industry (personally I completely agree, focusing only on the tech is not good enough).
Since the ICO we released the Alpha version, which initially was more of a pre Alpha version lol but it showed us a lot and now we have moved past the alpha and have a pre beta version. We have also paved the way to creating more use cases for Credits, achieved 500,000 transactions per second and are on the way to 1 million!
- A lot of people want to know: when is the 1 million TPS?
The most straight forward answer is when there are 1-2 thousand nodes on our blockchain. (They did explain other factors but I wont dwell into it too much for the purpose of not boring you, but it seems completely possible and its coming)
- Do you have any plan in increasing the price of Credits?
Yes! We are actually meeting some of our larger investors right after this meeting (Evgeniy actually had to leave which is when Ekaterina Kovshevnaya joined us)
So as you can see we really do care about our investors how ever small they may be (the amount of Credits they hold), here are the steps we are taking on the short term to make sure we grow in price:
- Main net launch
- Increase use cases
- Partnerships (current discussions with 2 banks) – financial industry – this could be a big breakthrough
- New exchanges (we are considering Binance & Okex)
So my conclusion that Credits is still heading in the right direction, also I want to add that since the ICO it’s price has been very stable and strong, looking at the market the price of credits has been performing amazingly. That they understand that tech alone is not enough nowadays to grow, because you may have the best tech in the market but in a week or a month it won’t be so BD is the hugely important and use cases go along with that and they are focusing on this along side their tech which is what I totally expect from a project like this.
Credits will be targeting the larger industries with their tech and massive TPS possibilities, so if they can break through even one market such as HR or Finance then I think we will see an explosion in price.
As seen below: Crypto Beast – me (white shirt), Evgeniy Butyaev – Co-founder (grey t-shirt) and Eugene Ivantsov – Pr director (black shirt)
You can view my podcast about the meeting on the top right side of this blog (just click play on the video, it’s connected directly yo my youtube channel) Or you can view it here and subsribe for the best industry updates:
Here are the links to their brand new website and telegram chat: