7Plus Coin AMA Recap Together with Jimmy Yeh — Founder and Bitenium Exchange CEO Dusit Madaan
On February 13, 2021, Cryptochain Philippines Conducted a Ask-Me-Anything-Session with 7PlusCoin Jimmy Yeh — Founder and Bitenium Exchange CEO Dusit Madaan regards to Projects in-bounding products, Company Lastest partnership and updates. Lets start the Recap!
The AMA Session had 3 Segments:
- Introduction / Questions from The CryptoChainPh Team
- Questions from Twitter
- Live AMA
Segment 1: Introduction / Questions from The CryptoChainPh Team
Ren:
Okay. Let's start the first segment. The questions from CCPH!Can you please introduce yourself to the community and kindly give us an introduction about 7PLUSCOIN and Biteneum Exchange?
Jimmy Yeh:
I am the president of the Yeh Group Penn Asia
we are currently operating in Samuth Sakorn for over 30years of verticle Tech Performance textile operation.
we can start from Yarn to knitting to dyeing and finishing to garmenting
we are located about 30 km from the center of BKK Samuth Sakorn
Currently
We are a 30 over years of verticale Textile operations and experiences with all technical performance. Starting from yarn - knitting - dyeing - finishing - garmenting.
which means we can do B to B & B to C.
This is with most Eco Friendly& Sustainable& Proven technology
since 2008 in Beijin Olympic
2010 World Cup
2012 London Olympic
2014 S. Africa WC
2018 Russia WC
Blockchain w/ ERC20 is our honors to be part of options of Financial method in expanding our New Normal Textile w/ Current Pandemic COVID
Bitenium:
Hello and Thankyou for having us here. My Name is Dusit Madaan CEO and Founder of Bitenium exchange.
Our company (Bitenium Exchange ) is focusing on Smart and new Intelligence platform for Trading Cryptocurrency and Equity Market. Currently we are working with Thailand equity market with Two top Niche Approved brokers from SEC Thailand .Phillips Security and Kingsford Security and We are Only single software that has AI Approved License from SEC under brand TRADE MISSION for trading in Thailand equity for last three years , I my self am a Trader for last 27 Years and developed our Software with experienced coders and programmers in Thailand for Algorithm and Machine Learning with neural network to create robots. that is the future of all traders to help them to make profit for full Auto Trading with their own scripts and create a fully good script though machine learning and back testing before they invest and risk their hard earned capitals Specially you see high votality in cryptocurrency can make you rich or poor in no matters of time .
Ren:
My second question, What are the products you can offer to the community?
Jimmy Yeh:
Together w/ Others exchange in Thailand&China& around the world
We hope to grow this New Exciting Era of creating more comfortable & fashionable Med./ COVID preventitive wears w/ our 30 over years of experience.
We are looking for partners to build 7Plus/Drydye Brand for tradeable on w/ Others blockchain technology to buy & sell products for our7Plus coins with others partners coin.
Bitenium:
for bitenium will be Build in Robots for trading for unknown programmers, coders and freshers to make some money while you are sleeping or working.
Daily in-house research Technical analysis for investors to read and plan things before they take action and lower risk with their investment.
Online live training for New comers and experienced to understand our Exchange and we will have OTC counters around the globe with international Partners where all can use cryptocurrency as form of payments in real sector like hotel , restaurant , Fiat Money exchanges Like now we are going to do JV with Super rich 1965 Orange in Thailand.
Ren:
Nice. A working product before entering a Crypto. How will entering into crypto help your textile operations?
Jimmy Yeh:
We wanted to use the technology to develope more Med Products for every wear on today's Pandamic of the COVID
Jimmy Yeh:
and also to make the supply chain of the rm to factory to customers more visible to everyone
we will use the AI from the Bitenium to assist our program with everyone. We have been in this tech textile of the sport wear since 1988
Bitenium:
https://7pluscoin.com/
Ren:
Do you a sample photos of your products?
Jimmy Yeh:
currently the business has been growing the only sustainable business that has been used by Adidas Nike in the 2012 London Olylmpic games
Mizuno in Japan Osaka Marathorn since 2013- till today
Our history that we call ourself Yeh Group
as we are Taiwanese family migrated to Thailand over the last 40 years
Penn Asia with SV7 is a part of the YG
time line of the product of my companies and our involment on the international arena
Ren:
Can you share us the UI and link of your exchange? Do you have an App? Or web trading as of the moment?
Bitenium:
www.bitenium.com
Ren:
Yeah. I did a research about the company and I'm impressed on what I saw.
Bitenium:
https://youtu.be/l-OBaMeusVM
Jimmy Yeh:
and with this experience we are using it to apply to the current COVID SITUATION
Bitenium:
this is our manufacturing plant and for all to understand yeh group 7PLus
Ren:
My 3rd question, Lack of Liquidity is one of the main issues faced by new exchanges, what are you plans to increase the liquidity of you exchange?
Bitenium:
Lack of Liquidity is one of the main issues faced by new exchanges, what are you plans to increase the liquidity of you exchange?
Biteniumm Exchange currently we are running 0% commission free for February and we will give monthly 0% fee for your birthday month . Free funds for trading (what profit you make is your) you can not with draw the bonus capital funds but you can with draw the profit with under our terms and conditions. Like I said we are not new and we already have few 100000 users using our Trade Mission in trading in Thailand and we have applied our License with SEC Thailand. Once we receive and granted, we will have huge clients here in Thailand and globally for liquidity.
We will be first exchange to open Trading floor in every country (through our White label AI platform) where investors and traders can come and trade, enjoy trading and exchange experience and make money together.
Ren:
Can you share us your TOKENOMICS? What are the usecases of SV7?
Jimmy Yeh:
to create every day wear so that we can go back to our normal life as close as possible
the intension to use this is to be able to shop with our coins on the sport garments and med product that can be worn daily.
and together with other coins that we would join to make the trading from C to C more conveniencey
SV7 can be use in buying our product and is stated in my whitepaper
and we are also linking up with other exchange, Like China together with Bitenium.
Ren:
And my final question for 7PlusCoin and Bitenium, What achievements has your project achieved so far? Can you share us your roadmap for this year?
Bitenium:
For Bitenium Exchange
We are quite happy and glad that we have used our personal funds in all our developments
For last 6 years and released all our products as planned and in February last year we got registered in Estonia and now waiting for our Thailand Broker and dealer License. We are working on launching our Mobile flutter application for IOS and Android and should be ready in next three months. Currently we have full AI platform on PC and Web version. Once we complete all platform and then we will start with OTC, P2P, Smart Saving with cryptocurrency and main focus will be White label where we will have more high liquidity from our partners and grow all together. Our Road shows once covid is well controlled and our Community Managers will help us to spread our Plans, roadmap and clear intention with high security with Bitgo insured wallet and our Own nodes for Payment with Our Partner tokens Like Super Rich Coin (stable and Utility Coin) under our JV Agreement. There are many good plans like I mention earlier and we hope to be top 10 Exchanges in next two years and grow our community with real investors and traders and find good historical public companies Like 7Plus Mr. Jimmy of Yeh group to join in Our IEO Projects and help them to raise funds and accomplish and grow with them . We want to keep our IEO platform to be mostly with high yield promising returns and safe heaven Smart saving plans .
SV7 contract: https://etherscan.io/address/0x676a32b50e58924effad343f1d4d3c8dd0128889#code
7PLus Coin Road Map
7PLus coin Will be used with our partners for payment solutions and earn membership reward
Our ISO and Certificate
Jimmy Yeh:
We have been using our own funding since 1988 always through original Financial way is through Banking
like using dyeing machines that does not use water, we Call it DryDye which is the partnering with 7Plus as a brans for our own companies
which some time take time to explain and sometime in the technological equipements that the world has not seen will not be easily understood by banks.
we want to creat our own brands that DryDye technology is the founding father and only go 6 companies around the world and we are the only company out of the 6 has the verticle ability to trade B-B or B-C, with finish garment by using 7Plus as our own brands and with SV7 to buy and sell our products all over the world and also with the ISO standards OSHA and OKOtex
that we are creating more Med products that is fashionable
this is my road map to be ecofriendly and sustainable and protective for this Pandamic COVID
This is why i can offer the bonus that we are offering here
and in Thailand NIA we have just recently won the Central region of Thai companies
that can be totally Ecofriendly to totally sustainalbe
NIA is the National Innovation Agency award under ZS company
which is another company under YG
the two that you are seeing here is my next germeration ,that have been education in UK ,i have 3 Children one is in the mfg with me daughter is the design.
Segment 2: Questions on Twitter
Ren:
Question #1 from @thihuyen93 - Can you please tell the investors that currently how many people working as a team , their backgrounds & credentials, and their achievements. And what companies are you partnered with or seeking to partner with in future?
Jimmy Yeh:
- we got 600 staff and administation
- 400 as productions teams
- 120 adminstrative and sales and marketing
- Board is with 6 people
I am the president study in NJ USA and ABAC Thailamd
- Chareeporn VP in ABAC thailand
2. Nigel Page CMO UK graduates
3. Prathya CAO from 3K car batteries
4. Sorin Mic Operation Director
5. David Round CIO chief Innovation Director
6. Blockchain Adviser Mr Dusit Madaan
TaWei my son UK in Sale front from the mfg.
7 PlusCoin Team : https://7pluscoin.com/#ourTeam
Ren:
Question#2 from @azyrmdhn - At the moment, what is 7PlusCoin focusing on? Building and developing product, getting customers and users, or partnerships?
Jimmy Yeh:
together with Bitenium
We build Med. Products for every day wear and also the Nitri / Rubber glove, face mask, PPE jackets together with our current existing connections of customers, to make more marketing and availabilties to share these product around the word with you all joining on this journey and support community like all of you with my SV7 with our on line outlet.
Ren:
Question #3 from @hakkikeless - Most activities and platforms are in English. How will you reach the non-English local community? Do you have any local communities for them to better understand your project?
Jimmy Yeh:
we have currently 12 communities around the world to work with all walks of life and other social medias to reach out. with all the influencers in each available as per above image
Bitenium:
As this Image we have lots of Community Manager representing us and feel free to ask further any questions in our group
Ren:
Question #4 from @Vedatiymenli - The project tells us that the acquisition and sale of data between participants is protected by code of conduct and how safe is deployed on the blockchain, but how do you handle regulations while operating on a global scale?
Bitenium:
we have good advisors and law firm to help us in handling the regulations . while for Bitinuem Exchnage has a fully Estonia License and we conduct regularly pen test
Ren:
Question #5 from @dungbn1998 - Can you indicate a feature or feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform? Do you have plans to get users to choose your platform???
Bitenium:
For Biteniumm Exchange currently we are running 0% commission free for February and we will give monthly 0% fee for your birthday month . Free funds for trading (what profit you make is your) you can not with draw the bonus capital funds but you can with draw the profit with under our terms and conditions. Like I said we are not new and we already have few 100000 users using our Trade Mission in trading in Thailand and we have applied our License with SEC Thailand. Once we receive and granted, we will have huge clients here in Thailand and globally for liquidity.
We will be first exchange to open Trading floor in every country (through our White label AI platform) where investors and traders can come and trade, enjoy trading and exchange experience and make money together.
Jimmy Yeh:
if you are thinking from my technical textile that is fully integrated from the 6 companies around the world. We are the Only ONE who has this capabilities
and that has the available understanding of how to convert into the Med. textile
with the Ecofriendly sustainable textile capability. we are the only one
Segment 3: Live AMA
From Cristóbal Zamora:
Every project has to come to solve an existing problem, such as reducing the carbon footprint, something seems very valid to me. However, how does blockchain benefit the textile industry?
Bitenium:
This is something very interesting question
Digital Assets in Supply chains
Digital assets are made up of intrinsic and extrinsic value. The intrinsic value
represents the fundamental essence of the digital asset (7PLUS COIN). In the case of
7PLUS COIN, the essence is to provide a transparent supply chain system for covid-19
medical textile supplies and offer a seamless payment gateway to different buyers of
the world’s products. The extrinsic value gives digital asset context or meaning, i.e.,
why you may want to use it within your supply chain network
From MoonLord:
Explain your plans on global expansion,
Q1) is it only market you are focusing All the time?
Q2) Or you focus on building or developing and getting customers and users, or partnerships?
Bitenium:
Yes currently we already have top branded using our service as OEM so once we have our 7plus brand Outlets and our partners will help us to hold our products in their retail outlets
From Bùi Hương Quỳnh:
What should you do to increase $SV7 demand?
Bitenium:
we will do using high networks and branded outlets , Promoters Influencer , Top PR local news and Coin Telegraph and Coin Potatoes , Yahoo news which should be available by next month.
From 🌼Rx-Razon🌺🐞:
Are you planning to burn or buy back any tokens from the market in the future? Do you have such programs?
Bitenium:
Yes every one year we plan to buy back back 20% of our tokes and burn for next 2 years as we have explained in our Whitepaper .
From Us:
Projects that are not traded on major exchanges remain unnoticed. What does you think about listing the token on the leading exchanges?
Bitenium:
Yes like we said currently we are working closely and will announce great second exchange by Next two week and one of the top 10 will be also listing our token by end of this year . We plan to have minumum 3-5 exchanges by this year with the help of our main Partner Bitenium Exchange to lead and guide us step by step
STmoni:
7PlusCoin is a project that is set to revolutionize the textile industry. We've all noticed that the surge in COVID-19 cases had called for an increase in PPE which is from textile industry. How would this affect $7PlusCoin? Is this good news and would it affect token prices?
Bitenium:
Yes as we are working on this and specially if you see that Rubber gloves is shortage in the market and we are having Big plans after raising the funds to invest and start the Plan with in this year . This project will help to grow and high demand and price pump .
End AMA of Session….
WHAT IS THE SEVEN PLUS COIN?
Penn Asia is Developing a Digital asset called 7Plus Coin (SV7 Coin), which will serve as a utility token for easy of transaction, Payment and tracking of all Textile Materials to Medical Apparel. The Covid-19 Pandemic outbreak reveals the shortcommings in supply chain processes within the Healthcare System. 7plus coin is designed to improve the healthcare supply chain management and tracking processes of all kind of branded sportswear, undergarments and specially medical Textile Apperels like facemask,Hand Gloves, PPE, Gowns, Newborn Temperature Control Blanket etc.
Website | Whitepaper | Medium | Twitter | Telegram | LinkedIn | Instagram | Facebook | Youtube | Reddit | Pinterest | Tumblr
