Chris Chris 14.11.2022

Relictum DEX - is a decentralized exchange — Interview with Alexander, CEO of Relictum Pro

How's everybody doing? Today we are going to talk about the Relictum PRO blockchain ecosystem with one of its creators, the CEO of the project, Alexander Strigin. Alexander proudly calls himself a crypto-enthusiast. While still in college (St. Petersburg National Research University of Information Technologies, Mechanics and Optics), he got acquainted with a new technology – blockchain. Mr Strigin appreciated the huge potential of a decentralized system based on this technology and how it can be used to solve several topical problems, for example, building a simple but reliable commercial system based on smart contracts, creating a universal system for supply chain organization, solving the problem of security and confidentiality of communication and data storage, and much more, and all this on a single platform! Therefore, having gathered a team of like-minded people around, he started to put all his most daring ideas into practice. What is the result, and what stage is the Relictum PRO project at now? Let's ask Alexander.

Chris: How easy it is to start a crypto journey with a reliable partner such as Relictum Pro?

Alexander: The first problem that any newcomer inevitably faces is that the entry threshold here is quite high. Thus, to launch a node of the most popular systems (that is, to make a node of a decentralized network out of your PC), you need to perform quite a lot of specific operations, and without an IT background, it will be quite a difficult task. But the logic of Relictum PRO is completely different! This node is installed easily and quickly, the whole process takes a few minutes and no special knowledge and skills are required for the installation. The node looks like a simple app we are used to, and even the average user can deal with it without any problems. As a result, you get access to all the products of our ecosystem on your PC or a gadget. So our ecosystem is as friendly as possible for any user, and it will not be difficult to master it.

Chris: Can you tell us about mass usage?

Alexander: Surely! As I’ve just said, even a novice user can easily deploy our node, and the ecosystem interface is as simple, understandable, and universal as possible. But, to unlock the maximum potential of a decentralized system, we need a truly global scale, which means that our application must be a cross-platform one. We cannot rely only on supercomputers with powerful video cards, we want the Relictum node to be always and everywhere with its owner, which means it should work on any portable devices, including smartphones and tablets. We actually did that, and our system operates almost on any device with Windows, Mac OS, iOS, or Android, and its interface and functionality are the same on each device. And of course, its versatility will contribute to the wide distribution of Relictum PRO. We have a really impressive set of decentralized applications (dApps).

Chris: What about your Ecosystem? What does it consist of?

Alexander: So, now let's talk about the practical application of Relictum. Our ecosystem currently includes the following products:

  • Relictum DEX, a decentralized exchange. Here you can buy, sell and exchange popular tokens and coins, including Bitcoin, Litecoin, Ethereum, GTN (Ecosystem Native Token) and others, as well as store funds securely in your wallet. All transactions are instantaneous (even those with bitcoin), with a minimum fee and completely confidential.
  • Relictum Staking. This product will provide you with a stable passive income. You buy a certain amount of GTN tokens, then "stake" them, that is, fix them on your account, like a bank deposit, and then receive income from transactions on the network. A very profitable investment indeed.
  • Relictum Storage. A truly decentralized storage for your data. Thanks to the smart contract implemented here, you get lifetime storage of your data with the highest possible degree of protection, with instant access, and all this for a reasonable price. And if you provide some of your unused hard disk space to your node, you can also earn on storing other people’s files.
  • Relictum Pay. This system allows users to convert and spend their cryptocurrency to purchase any goods and services. Besides, here you can easily track your transactions before and after they are confirmed, as well as view all payment information.
  • Relictum NFT. NFT tokens as a way to store rare and unique things are gaining incredible popularity, and in the Relictum ecosystem, you have the opportunity to create such NFT tokens right in the node, store them here (in storage), sell, or buy from other users of the system, with 100% copyright protection, thanks to blockchain technology.
  • Relictum Token. Thanks to this service, you can create your own token just in a few minutes! You can set all its basic parameters by yourself, including the emission size, the token cost, etc. Those who are going to launch an ICO of their own project will appreciate this opportunity.
  • Relictum Wallet. Thanks to the Relictum Wallet app, all your cryptocurrencies are now collected in a single place, literally in your pocket. With the help of a wallet, you can easily buy and sell crypto almost instantly, while monitoring price charts. Just what you need for your crypto assets.

Chris: Nice! And what are Trade Relictum altcoins?

Alexander: There are several types of tokens in the Relictum ecosystem. GTN (Genesis Token) is the main token, which is traded on exchanges and with the help of which you can earn money. So, you can receive income from the above-mentioned staking, as well as with its price growing on exchanges. At the moment, the token is listed on the LBank exchange. Besides, Relictum PRO has USDR stablecoin and wrapped tokens. Now I will tell you more about them.

Chris: Yes, please, and tell us please about the Tokenometrics of your project.

Alexander: So, let's talk about the Relictum PRO tokenomic system. As I’ve just said, we have several types of tokens:

1. GTN (Genesis token) is a token that gives the user the right to receive profit with the help of the staking mechanism. Thus, the whole profit that the network receives from all commissions from transactions is distributed among all its stakeholders.

The total GTN emission is 10,000,000,000, additional emissions are not provided. But there will be several burning sessions for a total amount of 5,000,000,000 GTN, that is, we are going to “burn” half of the initial number. Burn sessions are designed to gradually increase the token price.

GTN is a profitable investment for your funds for two reasons:

  1. Tokens can be staked and thus you receive passive income,
  2. The cost of the token itself will only grow along with the popularity of the project, that is, by buying it now at a low price, you will be able to sell your GTNs for a much higher price after a while.

2. Stablecoin USDR is the digital equivalent of the US dollar. You can use such tokens wherever the use of digital currency is provided. Here are the network fees:

    • The USDR balance replenishment fee is 2% (via the Ethereum ERC-20 network) and 1 USDT (via the Tron TRC-20 network);
    • The commission for transactions within the network – 0%;
    • The USDR withdrawal fee is 5%.

3. Wrapped tokens (rBTC, rETH, rLTC, etc.) are the equivalents of popular coins (BTC, ETH, LTC, etc.), digital assets, the emission of which depends on electronic or digital currencies received on Relictum Pro wallets, digital assets or cryptocurrencies. These funds can be sold and bought or exchanged on the exchange.

  • The commission for adding assets to Relictum Pro is 0%;
  • The commission for any transactions within the network is 0%;
  • The commission for withdrawing assets from Relictum Pro is 2%.

Chris: Who are the founders of the company? Can you give us a pre-story that preceded the creation?

Alexander: Currently, our CEO, Alexander Strigin, and CBDO, Roman Cherkashin determine the direction for further project development. Besides, the project involves some people, real crypto enthusiasts who believed in the prospects of the idea, believed in the decentralized economy and they are with us from the very beginning. This is the core of our company. And of course, we can’t help but mention our team, more than 200 different specialists, including programmers, analysts, marketers, testers, copywriters, customer service specialists, and so on. But, perhaps, the main thing that unites all of us is confidence in blockchain technology and the belief that the future of the economy lies with decentralized systems.

Chris: Anything big you set out to achieve in the next 3-6 months?

Alexander: As for our plans for the near future, we are going to develop and refine the following things:

  • Two versions of nodes, "light" and "full" ones with further optimization for mobile devices;
  • MVP and Full Server Node;
  • Cross-chain integration with other blockchains;
  • Adding BNB and Cosmos(ATOM) cryptocurrencies;
  • Integration of decentralized storage with IPFS;
  • Adding Ethereum and Bitcoin as a means of payment for buying USDR;
  • Adding USDC stablecoin;
  • Relictum blockchain web node;
  • Building bridges to the Solana and BNB ecosystem, ERC-20 and ERC-721;
  • Publishing the code on Github.

Also, we are planning a number of marketing activities to further promote the project, including collaborations with NFT marketplaces from the top 10 list, partnerships with GameFi, as well as advertising campaigns aimed at popularizing the system among developers and a trading competition with Lbank with a prize pool of 200,000 USDR.

We are open to cooperation and ready to provide our Relitum Pro ecosystem as an environment for the implementation of a variety of projects, including GameFI and beyond. In the future, we will hold a hackathon to establish cooperation with promising teams that are ready to implement their projects based on our decentralized platform.

We announce all these in detail on our official news channel.

Chris: Thank you! Anything else you would like to share with us?

Alexander: I’ve just told you about what we already have and what we are going to do shortly. But we are not going to stop here. For example, in the future, we will add services for working with the Internet of things, with self-driven vehicles, and other things to further expand the digital economy. We want to make our ecosystem a truly universal and multifunctional one, we want to create an open world without borders, full of possibilities in your gadget!

Also, all updates can be followed on our website and our social media channels

Telegram: https://t.me/Relictum_Pro_Official

Twitter: https://twitter.com/relictumpro

Facebook: https://www.facebook.com/relictumpr/

Instagram: https://www.instagram.com/relictum_pro_official/