In our recent Weekly Talk session on January 15th, we at UQUID delved into a detailed discussion of our latest activities and digital finance and e-commerce landscape. Hinnie, our host, and Andy from the UQUID team led this engaging conversation that spanned various aspects of our platform’s growth and strategic direction.
Much of the discussion was dedicated to our MegaCash 2024 campaign, a collaborative initiative with Gate.io. Following the success of the previous year’s campaign, MegaCash 2024 has upped the ante, offering more ambitious rewards and opportunities for participation. This event encapsulates our commitment to engaging and rewarding our community innovatively.
We then discussed the impact of recent developments in the cryptocurrency market. The session offered an in-depth look at how the approval of Bitcoin ETFs by the SEC is a potential game-changer for the crypto landscape. The possibility of the approval of Ethereum ETFs was also touched upon, shedding light on how such advancements could further shape the future of digital transactions and e-commerce.
The conversation also discussed UQUID’s internal activities, including strategic expansions and enhancements to our platform. We shared insights into our initiatives designed to elevate the user experience and expand our global reach.
Join us as we continue to explore the exciting possibilities at the intersection of e-commerce and blockchain technology. Stay tuned for more updates from UQUID, where the future of digital shopping is being shaped today.
For those unable to attend the event, we’ve also created a full recap of the AMA here. Please note we’ve made slight grammatical adjustments to the content for easier comprehension and smoother reading.
Hinnie: Hello, everyone, and welcome to this week’s UQUID AMA session! I’m Hinnie, your host for today, and I’m thrilled to have Andy from the UQUID team joining us. How are you doing today, Andy?
Andy: Hi, Hinnie, and hello to all our listeners! I’m doing great, thanks. Excited to be here and share some updates from UQUID.
Hinnie: Lovely to hear that. So, everyone, are you ready to jump into today’s discussion?
Andy: Yeah! Let’s dive right in. Can you give us a quick recap of what UQUID has been up to over the past week?
Hinnie: Absolutely, Andy. It’s been an action-packed week at UQUID. We’ve recently expanded our UQUID DAppCenter with three new listings that are really exciting for our platform.
First off, we’re excited about the expansion of our UQUID DAppCenter. We’ve just listed three new DApps — Paybox by nabox, Ispolink, and Travala. This move enhances our platform’s versatility, offering more varied services to our users.
Andy: That sounds like great news for Uquid and our community. Are there any other updates? I bet you have more!
Hinnie: Of course, Andy! We’ve partnered with Travala, your go-to platform for booking over 3,000,000 hotels, flights, and activities. With over 100 payment options, including crypto, we’ve made travel booking as easy as pie. Now, with just one click, our users can discover Travala on UQUID DApps and unlock new adventures.
Additionally, we’re thrilled to welcome Ispolink and Paybox. Ispolink is an innovative Web3 hiring platform that leverages AI to connect employers with talented developers in the blockchain and DeFi sectors. Paybox, powered by the Nabox wallet, is revolutionizing crypto payments, offering extra rewards for merchants and users for collecting money.
We’re also proud to remind everyone of our strategic collaboration with TRONDAO. This alliance strengthens our position in the blockchain space and enables us to offer enhanced services.
Andy: That’s quite an expansion, Hinnie. Now, let’s talk about some internal activities at UQUID, shall we?
Hinnie: Absolutely, Andy. Could you share what’s been happening?
Andy: Internally, we’ve had a few significant developments. First, we’re delighted to announce a special X2 Topup offer for our Nigerian customers till the end of January. This deal offers double the value of all top-up services, which have been well received.
Hinnie: Wow! Nigerian customers shouldn’t miss out on this special offer. I also heard about the new way of logging in on Uquid, right?
Andy: We’ve also introduced a Telegram login for UQUID, enhancing user experience with more convenience and robust security. This aligns with our commitment to providing seamless services to our users.
Hinnie: Cool. This means I don’t need to remember my password and skip all the login hassle for better and quicker access to the Uquid shop.
Andy: Exactly! Lastly, we’ve expanded our top-up services to Chad. This means more accessibility for our users in Chad, who can now easily top up their phones and digital wallets through our website and mini-apps, available on platforms like Binance and Gate.io.
Hinnie: UQUID is constantly moving forward. Also, UQUID will start the MegaCash 2024 today, a joint event between UQUID and Gate.io. After the incredible success of MegaCash last year, with over 75,000 participants, we’re back with MegaCash 2024. It’s an even more ambitious and rewarding event, open to everyone who wants to join in the fun and potentially win big.
Andy: That’s impressive! What can participants expect in the first week of MegaCash 2024?
Hinnie: Starting January 15th to 29th, participants can log in to any of Uquid’s mini-apps on Gate.io’s MiniApp Center and receive a free lucky number. This number could win them a share of the $25,000 prize pool in the first week. And there’s more: 20 lucky participants will win special prizes worth $200.
Andy: Wow, $25,000 for Week 1 alone. What an impressive prize number for an event like this. OK, so what will the Week 2 prizes and activities be like?
Hinnie: The more excitement will be revealed in the second week, Andy. And I want to let all of you know that winners from the first week will be announced on the first day of Week 2. The prizes for the second week are even more significant, though I can’t reveal too much just yet. Let’s just say it will be a huge surprise for our community.
Andy: Oh wow, that sounds like an opportunity not to be missed! I can’t wait to see the prizes for the second week. But anyway, focusing on the first week, how can our community increase their chances of winning?
Hinnie: It’s simple: the more you engage, the better your odds. Besides the traditional way to earn the lucky numbers, every completed transaction on any Uquid MiniApp using Gate Pay gets you an additional lucky number. The more orders you complete, the higher your chances of winning.
Andy: Thanks for sharing these exciting details, Hinnie. I’m not going to miss this. MegaCash 2024 is shaping up to be a spectacular event.
Hinnie: My pleasure, Andy! We’re eagerly anticipating our community’s enthusiastic participation. It’s going to be a memorable two weeks!
Andy: OK, we’re now moving into the final part of our Weekly Talk. I’m Andy, and I’m still with Hinnie from the UQUID team. Let’s dive into some hot topics in the crypto world and discuss their impact on UQUID.
To kick things off, let’s revisit a major development that’s been a long time coming — the approval of Bitcoin ETFs. Hinnie, after a long period of anticipation, the SEC finally approved Bitcoin ETFs on January 11th, marking a watershed moment in the crypto market. Can you talk about the significance of this approval and its impact on both the broader market and UQUID?
Hinnie: Absolutely, Andy. The SEC’s approval of Bitcoin ETFs is a historic moment for the crypto industry. It represents a significant step towards the mainstream acceptance and legitimization of Bitcoin. This approval will attract new institutional investors, potentially increasing market stability and maturity.
Andy: I believe it’s a game-changer for UQUID, no doubt. This development instills confidence in UQUID’s existing users and paves the way for a whole new wave of crypto enthusiasts. The fact that Bitcoin is now gaining this stamp of approval opens up the floodgates for adoption and integration within our platform.
Hinnie: Absolutely, and what’s particularly noteworthy here is how this move can attract more users who might have been on the fence about diving into the world of cryptocurrency. It’s like a seal of approval that says, “Hey, Bitcoin is a legitimate and viable option for everyday transactions.”
Andy: Right, and that’s a significant shift in perception. I can see this translating to increased transactions on UQUID’s platform. More people will feel comfortable investing in Bitcoin and using it in their day-to-day lives. It’s a win-win for both UQUID and the broader crypto community.
Hinnie: Definitely, and as we’ve seen in the past, any positive development in the crypto space tends to have a ripple effect. It’s not just about UQUID; it’s about contributing to cryptocurrency’s overall growth and acceptance.
Andy: Absolutely. So, exciting times ahead for UQUID and the entire crypto community. This stamp of approval for Bitcoin signals progress and mainstream acceptance. It’s a testament to the evolving landscape of digital currencies.
Alright. Moving on, after the approval of Bitcoin ETFs, many crypto enthusiasts are now looking forward to the potential approval of Ethereum ETFs. Hinnie, what are your thoughts on this? How do you think the acceptance of ETH ETFs could affect the crypto landscape?
Hinnie: The prospect of Ethereum ETFs being approved next creates a lot of excitement. Ethereum plays an integral role in DeFi and NFTs, and its ETFs could significantly broaden the market, attracting a more diverse range of investors and users. The approval of Ethereum ETFs would be another significant step in cementing the legitimacy of cryptocurrencies in the mainstream financial market.
Andy: And how would this influence UQUID specifically?
Hinnie: For UQUID, this is particularly thrilling as we extensively leverage Ethereum’s capabilities for various services on our platform. The approval of ETH ETFs could lead to increased adoption of Ethereum-based services, further expanding our user base and enhancing the overall user experience on UQUID.
Andy: What a lovely insight from you, Hinnie. That sounds promising for Ethereum and platforms like UQUID. The potential of Ethereum ETFs could indeed bring a new dynamic to the crypto market.
Let’s discuss another significant Ethereum ecosystem development — the ETH Dencun upgrade. Hinnie, can you share more about when this upgrade is expected to launch and its potential impact, especially on platforms like UQUID?
Hinnie: Absolutely, Andy. The ETH Dencun upgrade is a major event we’re all eagerly anticipating in the Ethereum community. It’s scheduled to roll out in early 2024 and is set to introduce significant improvements, particularly in terms of scalability and efficiency.
Andy: And one of the critical features of the Dencun upgrade is the implementation of ‘proto-dank sharding.’ This is expected to enhance significantly data availability, especially for layer-2 rollups. This means that we’ll see a substantial reduction in transaction costs and improved processing speeds for Ethereum-based transactions.
That sounds like a crucial upgrade. How do you foresee it impacting UQUID?
Hinnie: For UQUID, Ethereum is at the core of many features on our platform, from enabling seamless payments to powering smart contracts that facilitate various transactions. The ETH Dencun upgrade, in particular, focuses on reducing transaction fees and speeding up processes. This aligns perfectly with our goal of providing our users an efficient, cost-effective, and seamless shopping experience.
Andy: That sounds like a significant enhancement for both the platform and its users. How do you foresee these changes impacting the overall user experience on UQUID?
Hinnie: With reduced transaction fees and faster processes, our users can expect a more cost-effective and quick experience when utilizing Ethereum on our platform. Whether making payments or engaging in smart contract transactions, the upgrade contributes to an overall improved and user-friendly environment.
Andy: Nice. It sounds like the Dencun upgrade will benefit UQUID and its users significantly. This upgrade further solidifies Ethereum’s position as a leading blockchain platform, especially for applications like UQUID.
Hinnie: Absolutely! With faster and cheaper transactions, we expect increased user satisfaction and a higher volume of Ethereum-based transactions on our platform. This upgrade aligns perfectly with our mission to integrate the benefits of blockchain technology more deeply into e-commerce.
Andy: By the way, Hinnie, in recent developments, we’ve seen Apple and Google remove several major crypto exchange apps, including Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, OKX, and Bitfinex from the App Store in India. Additionally, Google’s Play Store in India has also removed Binance and OKX after receiving non-compliance notices from the government. Hinnie, what’s your take on this situation?
Hinnie: Andy, this move by the Indian government is significant and reflects the crypto industry’s ongoing regulatory challenges. Removing these apps from important platforms in a critical market like India indicates a tightening of regulations and oversight by government authorities.
Andy: Right. And how does this impact UQUID, especially considering our user base in India?
Hinnie: For UQUID, however, our commitment to our users in India remains unwavering. Despite these app removals, our website continues to operate seamlessly, offering diverse crypto payment options such as GATE Pay, Binance Pay, Crypto.com Pay, and various crypto wallets. This ensures that our Indian users can still engage in crypto shopping without interruption on our uquid.com and shop.uquid.com
Andy: Talk about crypto shopping. As we conclude today’s insightful Weekly Talk session, here is one last update for our audience: next week’s UQUID Weekly Talk will focus on web3 shopping, a topic shaping the future of e-commerce. Hinnie, could you give us a little preview of what to expect?
Hinnie: Certainly, Andy. Next week’s Weekly Talk will dive deep into web3 shopping. We’ll explore how this revolutionary technology is not just a trend but a substantial shift in online shopping. We’ll discuss the integration of blockchain into e-commerce, the evolving role of cryptocurrencies in everyday transactions, and how these advancements create a more secure, efficient, and user-centric shopping experience.
Andy: That sounds like a session not to be missed! What can our listeners expect to take away from the next Weekly Talk?
Hinnie: Listeners can expect to gain valuable insights into how web3 redefines the shopping landscape. We’ll cover the potential of decentralized marketplaces, the benefits of blockchain in ensuring product authenticity and supply chain transparency, and how UQUID is harnessing these technologies to enhance our services. It will be an enlightening discussion, perfect for crypto enthusiasts and those new to the space.
Andy: Fantastic! I’m sure our audience is as excited as we are for next week’s Weekly Talk. Thank you, Hinnie, for sharing your expertise with us today, and a big thank you to everyone who tuned in. Don’t forget to join us next week for an in-depth discussion on web3 shopping. Until then, stay informed and explore the endless possibilities with UQUID!
About UQUID
Launched in 2016, Uquid is a pioneer in applying DeFi and Web 3.0 to E-commerce and aims to bring customers the best Shop to Earn experience with verified merchants, exclusive deals, cashback, and Payin3 with Crypto.
Throughout the years, Uquid has continued its fantastic performance with continuous growth and the best effort to upgrade its store following the official Roadmap. With the largest selections of over 160 million physical, digital, and NFTs products listed and comprehensive shipping services to over 200 countries and territories worldwide, Uquid is confident in serving any customer demand in the Metaverse.
Users shopping at Uquid are offered flexible and convenient payment methods, including cryptocurrency, fiat, or wallets. Uquid aims to dominate the crypto marketplace by offering customers the Buy Now Pay Later option. Uquid Payin3 is all about protecting the value of crypto futures by delaying the payment in three installments for 90 days, interest-free. With many years of building an infrastructure for E-commerce in Metaverse, Uquid has found the easiest and safest way for customers to access their money and shop online.
Telegram: https://t.me/uquidcoinofficial
Twitter: https://twitter.com/uquidcard
Facebook: https://facebook.com/uquidcard
Medium: https://medium.com/@uquidcoin
Blog: https://shop.uquid.com/blog
Website (Digital product):
Website (Physical product):
Website (General):
Website (NFT):
