Shibnobi AMA Meeting with CEO Cliff Fettner 11/10/2022

Shibnobi AMA Meeting with CEO Cliff Fettner 11/10/2022

Open-Floor Q&A

Q: Has the team looked into ways that would allow users to connect their bank accounts / credit cards directly to Shibnobi Eco and purchase crypto?

A: We have been researching different options, but this type of service requires heavy regulation of each country we support, and would be very costly to maintain. We’d also have to acquire the licenses to manage KYC and financial records, or partner with a company to do it for us, and hire legal teams for each supported country. At the end of the day, it’s not a simple process, but we will continue to look into it. We will likely implement a third-party provider for on-ramp / off-ramp services in the meantime.

Q: My wallet has been compromised, but I was able to claim my Shinja V2. Is it possible for me to transfer those tokens to another wallet before trading is enabled on November 15?

A: Unfortunately, no buys / sells / transfers of V2 are possible until we enable trading.

Q: I’ve been watching Shinja V1 on DexTools, and the price has still been going up / down even with trading disabled. How is this possible?

A: Shinja V1 is paired with ETH on Ethereum and BNB on BSC. As the prices of ETH and BNB fluctuate, the price of Shinja V1 will as well.