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Celsius AMA Bullet Points (July 23, 2021)
 Jul 23, 2021 by Gandalf

 3 comments   4 likes    1,030 views




- Alex Mashinsky is currently writing a book about the innovations in the financial world (crypto, DeFi, CeFi, etc.). Probably published this year and Celsians might get a free copy.
- Chad Walls, a British Celsius employee presented some details on the Celsius strategy with gold tokens.
- Mike Dudas, from Paxos, joined to share some details on a new gold product in partnership with Binance.
- Mike Dudas: "We power on a white label basis the crypto product that the consumer interacts with at Paypal or Venmo or Revolut."
Alex: "One of your customers; one of the ones you mentioned we actually doing a partnership with them but I can't reveal that yet. Just teasing the audience a little bit."
- Promo codes: PAX60 and PAX600, HODL10, HODL50, HODL500. (See the details on our promo codes page).
- Dad joke of the week: “It looks like a golden opportunity” (Alex).
- Probably a new promo code to be announced next week for all users (not only new joiners).
- The work for Cardano with Fireblocks is completed and in test phase now. Cardano should be added to the Celsius wallet in two to three weeks.
- Some employees of Celsius are now dedicated to working on CelPay.
- The equity raise is not ready yet.
- Stats from last week: 12,350 new users, transfers in $320M, transfers out $188M out, approximate net deposits $124M. (Data might be inaccurate).
- In-app swaps still targeted for August 12 in the first available jurisdictions.
- Web app night mode: August 31st.
- US accredited being able to earn in CEL targeted for August 26.

Rewatch the AMA here:


Comments (3)

By South Texas Celsian on 2021-07-24 13:45:46 ET
Was great to meet another member of the team and love how Celsius continues to show that support!
Quote    1 likes   

By WeAreCelsian on 2021-07-25 11:34:42 ET
The timeframe for in app swaps and ability to purchase CEL in US is really welcome news! These are two huge enhancements to the network. I wonder if in app switching will be no-fee. It could be a money loser for Celsius if it is unless they are able minimize cost somehow.
Quote    0 likes   

By WeAreCelsian on 2021-07-25 12:31:53 ET
The timeframe for in app swaps and ability to purchase CEL in US is really welcome news! These are two huge enhancements to the network. I wonder if in app switching will be no-fee. It could be a money loser for Celsius if it is unless they are able minimize cost somehow.
Quote    0 likes   




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