AMA Recap: CRYPTO MINERS x CONNEX

CRYPTO MINERS
12 min readDec 8, 2023

Connex platform aims to address the absence of a decentralized job marketplace within the Web3 space. It intends to enable individuals involved in Web3, regardless of their experience level, to showcase their skills and credentials in a decentralized manner. It integrates on-chain credentials with individuals’ uploaded CVs (resumes) using token incentives. This integration of on-chain and off-chain personal credentials is proposed to attract various entities, including Crypto Companies, social DAOs (Decentralized Autonomous Organizations), protocol DAOs, NFT (Non-Fungible Token) gated DAOs, and investment DAOs, to the platform. Their goal is to create a platform where individuals involved in Web3 can establish their professional communities based on their credentials, both on-chain and off-chain, and where companies or organizations within the Web3 space can find suitable talent based on these verified credentials.

We hosted an AMA session with Connex on 5th December.

Mr. Ramsy was the host from Crypto Miners and Mr. Charlie Alan was the guest. He shared delightful knowledge and unique features of Connex.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our Another AMA Session With Connex

Today, we are very honored to invite Mr. Charlie To be our guest in our today’s session to introduce Connex

Hey

Charlie Alan:
Hi

Ramsy | Crypto Miners:
Welcome here mate

Thanks for joining with us today

Charlie Alan:
You are welcome. Cannot wait it.

Ramsy | Crypto Miners:
First of all can you introduce yourself to us?

Charlie Alan:
Hello everyone, my name is Charlie Alan, and I’m the Community Director for Connex.
I’m really honored to be able to share information about Connex. I’d love to answer any questions you have, we really appreciate your support.

Ramsy | Crypto Miners:
Glad to have you today Charlie

Now let’s begin our first part of the session — Project introduction

Are you ready mate?

Charlie Alan:
Yes!

Ramsy | Crypto Miners:
Q1: Some users may not be familiar with Connex, can you give a brief introduction?

Charlie Alan:
Connex is a Professional Network for Web3. Think of us as a decentralized Linkedin. Web2 professional & social networks are built to extract value from their users. Our decentralized model enables everyone that adds value to the network to benefit from the platform’s success. Linkedin is worth approximately $30 Billion. In our decentralized model that value would be shared with the network. Blockchain has truly leveled the playing field. Connex is permissionless and users retain full ownership of their data.

Our goal is to be the number one network for blockchain companies and talent in the world. The smartest people in the world are exiting fang companies and moving into Web3 and joining crypto companies or DAOs. If you want to get ahead in blockchain then we want you on Connex!

Ramsy | Crypto Miners:
Thanks Charlie for the great start 👏

Now let’s see our second question from this segment

Q2: Why should we go with Connex?

Charlie Alan:
There is currently no web3 job board that can provide information in a decentralized way. At Connex through innovative token incentives, candidates can upload their CV and integrate on-chain credentials with their uploaded CV. With such on-chain and off-chain personal credentials, Crypto Companies, social DAOs, protocol DAOs, NFT gated DAOs, investment DAOs and more are attracted to the platform. Organizations can search for talent from within a pool of token holders. By combining on-chain and off-chain credentials, Connex helps people to create their own web3 professional communities.

Learn more about us at https://coinmarketcap.com/currencies/connex/

Ramsy | Crypto Miners:
Q3: Could you describe Connex’s tokenomics?

Charlie Alan:
Great question: here is the tokenomics information👇

Connex aims to build a permissionless, open, and collaborative Web3 professional network. The CONX token is an essential component to such infrastructures as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Connex ecosystem.

Symbol: CONX
Total supply: 100,000,000
Token Address: 0x1b2128AbC4119474D16Bb0a04200B63B0e68A971
1) Ecosystem: 35%.
2) Community Treasure: 20%
3) Marketing: 15%
4) Foundation: 15%
5) Team: 10%
6) Advisor & Partner: 3%
7) Early Adopter Reward: 2%.

Please read in more detail in our whitepaper on the website: https://connex.gitbook.io/connex/

Ramsy | Crypto Miners:
Alright Charlie

Now may I ask is $CONX token deflationary?

Charlie Alan:
Yes it is! Candidates can choose to stake $CONX against their experience, if they’re found to have lied about their skills the $CONX will be burnt. Crucially this helps speed up the recruitment process for recruiters and levels the playing field for enthusiastic applicants with confidence in their own abilities.

Ramsy | Crypto Miners:
Things getting intrested 👌

Now please introduce the CONX token?

Charlie Alan:
Connex aims to build a permissionless, open, and collaborative Web3 professional network. The CONX token is an essential component to this as it functions as the governance token, incentivizes user participation, and serves as the primary payment token of the Connex ecosystem.

Connex is designed to reward high integrity and proof of fraud. CONX tokens are used to reward the platform users. CONX can be used for rewarding people who upload their CVs or reward people who get the most views and likes on content. The amount of CONX tokens rewarded will be determined through the voting and governance feature of the platform. People who create circles on Connex and share their valuable views about the circle topics are also welcomed by the platform.

Conx is already listed on Indodax https://indodax.com/market/CONXIDR, which just saw a 60%+ pump. With real utility and the deflationary aspect we’ve built $CONX in a way which will drive long term value for investors.

Ramsy | Crypto Miners:
Is there anything more you’d like to say in this segment?

Charlie Alan:
Thank you for your question! I’m excited to share some great news about Connex (CONX). As of now, I’m thrilled to announce that the price of CONX has reached its all-time high at 15 USDT. This is a significant milestone for our project, and it demonstrates the growing interest and confidence in Connex within the blockchain community. The coins platform utility combined with the deflationary element we truly believe the sky’s the limit.

This achievement is just the beginning of an even brighter future for Connex. Our team is dedicated to further enhancing the project, expanding its reach, and delivering innovative solutions to meet the evolving needs of our users and the broader crypto ecosystem.

We are committed to building a robust and sustainable platform that provides value to our community members and contributes to the overall growth of the blockchain industry. With the support of our passionate community, strategic partnerships, and continuous development efforts, we are confident that Connex will continue to thrive and achieve new milestones in the future.

Thank you for being a part of this exciting journey with us, and we look forward to sharing more updates and achievements with you in the coming months. Together, let’s shape the future of blockchain technology.

Ramsy | Crypto Miners:
Thanks Charlie for this well detailed introduction about Connex ❤️

That’s the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section

I hope you’re ready for that!!

Charlie Alan:
Yes!

Ramsy | Crypto Miners:
Cool

Segment 2️⃣: Twitter Questions

1. I read that candidates who stake their $CONX token against their experience stand a chance to lose it if they underperform, so is the amount to be staked for this dependent on the particular jobs in which jobseekers apply for? What metrics are used to determine if jobseekers actually underperformed?

Charlie Alan:
Yes, you are correct. In the Connex ecosystem, candidates have the opportunity to stake their CONX tokens against their experience when applying for jobs. The specific amount to be staked may vary depending on the particular job that jobseekers apply for. The staking amount is typically determined by factors such as the level of expertise required for the job and the potential impact of underperformance.

To determine if jobseekers have underperformed, various metrics are considered. These metrics can include objective performance indicators, such as meeting project deadlines, achieving predetermined targets, or receiving positive feedback from employers. Additionally, subjective evaluations may be taken into account, such as the quality of work, professionalism, and overall contribution to the project or organization.

The evaluation process aims to ensure accountability and incentivize jobseekers to deliver high-quality work. However, it is important to note that the specific metrics and evaluation criteria may vary depending on the nature of the job and the agreement between the parties involved.

Ramsy | Crypto Miners:
2. What measures are in place to ensure the privacy and security of the users’ information, especially concerning the on-chain credentials and activities analysis?

Charlie Alan:
Connex takes the privacy and security of users’ information very seriously, particularly when it comes to on-chain credentials and activities analysis. Several measures are in place to safeguard user data:

1. Encryption: Connex employs strong encryption techniques to protect sensitive user information. Encryption ensures that data transmitted between users and the platform remains secure and unreadable to unauthorized parties.

2. User Anonymity: Connex respects user privacy by implementing measures to maintain user anonymity whenever possible. While on-chain activities may be analyzed for performance evaluation, personal identifying information is kept separate or anonymized to protect user identities.

3. Data Access Control: Connex implements strict access controls to limit who can access user information. Only authorized personnel with a legitimate need to access the data are granted permission.

4. Secure Infrastructure: Connex maintains a secure infrastructure with robust firewalls, intrusion detection systems, and regular security audits. These measures help protect against unauthorized access and ensure the platform’s overall security.

5. Compliance with Data Protection Regulations: Connex adheres to relevant data protection regulations, such as the General Data Protection Regulation (GDPR) and other applicable laws. This ensures that user information is handled in accordance with established privacy standards.

It’s important to note that while Connex implements these security measures, users should also take precautions to protect their own information, such as using strong passwords and enabling two-factor authentication.

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Now Moving on to our last segment — Live Q&A

Shall we Charlie?

Charlie Alan:
Yes

Ramsy | Crypto Miners:
Cool

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and miners sent hundreds of questions. Guest choose some best to answer)

1) Chukky ✨:
Could you share insights into the migration of professionals from traditional companies to Web3 and crypto entities on Connex? How do you plan to go about it?

Charlie Alan:
The migration of professionals from traditional companies to Web3 and crypto entities is an emerging trend driven by the increasing adoption and growth of blockchain technology. Connex aims to facilitate this migration by providing a platform that connects jobseekers with opportunities in the Web3 and crypto space. Here are some insights into how Connex plans to go about it:

1. Job Listings: Connex will actively curate and list job opportunities from Web3 and crypto entities. These listings will cover a wide range of roles, including developers, designers, marketers, community managers, and more. By aggregating these job listings, Connex makes it easier for professionals to discover and apply for positions in the Web3 and crypto industry.

2. Skill Matching: Connex will leverage its platform to match professionals with the right skills to the job listings in the Web3 and crypto space. Through its algorithm and user profiles, Connex can identify candidates who possess the necessary expertise and experience sought by employers in these industries.

3. Education and Training: Connex recognizes the need for continuous learning and upskilling in the rapidly evolving Web3 and crypto space. The platform may offer educational resources, training programs, and certifications to help professionals acquire the skills required for these industries. This can include blockchain development, smart contract programming, DeFi and other relevant areas.

4. Community Building: Connex aims to foster a vibrant community of professionals interested in Web3 and crypto. By providing networking opportunities, forums, and discussion groups, Connex enables professionals to connect, share knowledge, and collaborate with like-minded individuals in the industry.

5. Partnerships and Integrations: Connex may establish strategic partnerships and integrations with Web3 and crypto entities, including blockchain projects, dApps, and crypto exchanges. These collaborations can enhance the visibility of job opportunities and create a seamless experience for professionals seeking to transition into the Web3 and crypto space.

Overall, Connex’s approach involves curating job listings, matching skills, providing education and training, building a community, and forming partnerships to facilitate the migration of professionals from traditional companies to Web3 and crypto entities.

2) Defne:
What strategies will Connex employ to attract both experienced professionals and young Web3 enthusiasts, ensuring a diverse and valuable network for all?

Charlie Alan:
Connex aims to attract both experienced professionals and young Web3 enthusiasts by implementing strategies that cater to the needs and interests of both groups.

1. Targeted Marketing and Outreach: Connex can engage in targeted marketing campaigns to reach both experienced professionals and young Web3 enthusiasts. This can involve utilizing different channels and platforms to effectively communicate with each group, highlighting the unique benefits and opportunities Connex offers to both demographics.

2. Educational Resources: Connex can provide educational resources that cater to different levels of expertise. For experienced professionals, Connex can offer advanced tutorials, workshops, and industry-specific insights to help them navigate the Web3 space. For young Web3 enthusiasts, Connex can provide beginner-friendly educational content, introductory courses, and explanations of fundamental concepts to help them understand and engage with the ecosystem.

3. Collaboration with Web3 Communities and Projects: Connex can collaborate with existing Web3 communities, projects, and organizations to tap into their networks and attract a diverse range of professionals and enthusiasts. This can involve partnerships, joint events, and knowledge-sharing initiatives that expose Connex to different communities and foster cross-pollination of ideas and expertise.

4. Networking Opportunities: Connex can facilitate networking opportunities that bring together experienced professionals and young Web3 enthusiasts. This can include virtual and in-person events, conferences, meetups, and online forums where individuals from different backgrounds can connect, exchange ideas, and build valuable relationships within the Connex ecosystem.

5. Mentorship and Guidance: Connex can establish mentorship programs that pair experienced professionals with young Web3 enthusiasts. This allows for knowledge transfer, guidance, and support, enabling the younger generation to learn from experienced individuals and further develop their skills and understanding of the Web3 space.

6. Recognition and Rewards: Connex can implement recognition and rewards programs that acknowledge and appreciate the contributions of both experienced professionals and young Web3 enthusiasts. This can include highlighting notable achievements, featuring outstanding projects, and providing opportunities for individuals to showcase their work within the Connex community.

By employing these strategies, Connex can create an inclusive and valuable network that attracts and benefits both experienced professionals and young Web3 enthusiasts. The goal is to foster collaboration, knowledge-sharing, and growth within the ecosystem, ultimately driving the adoption and advancement of Web3 technologies.

3) Btc king:
How does Connex address the challenges of maintaining high integrity and preventing fraud within its ecosystem, and in what ways are CONX tokens utilized to reward users who contribute positively to the platform?

Charlie Alan:
Connex employs various measures to maintain high integrity and prevent fraud within its ecosystem. Here’s how Connex addresses these challenges:

1. Verification and Reputation System: Connex implements a verification system to ensure that users’ identities are validated. This helps establish trust and reduces the risk of fraudulent activities. Additionally, Connex may introduce a reputation system that allows users to rate and review each other based on their interactions, promoting accountability and discouraging fraudulent behavior.

2. Smart Contract Audits: Connex conducts thorough audits of its smart contracts to identify and address any vulnerabilities or potential risks. Smart contracts are the backbone of many operations within the ecosystem, and ensuring their security is crucial in preventing fraudulent activities.

3. Community Reporting: Connex encourages its community members to report any suspicious or fraudulent activities they come across. This helps in detecting and addressing fraudulent behavior promptly.

Regarding the utilization of CONX tokens to reward users who contribute positively to the platform, Connex can employ various mechanisms:

1. Pay for Subscription
CONX is used for subscribing a company or a SME in the field.

2. Pay for Credential
CONX is used for checking personal on-chain and off-chain credentials.

3. Pay for Circle
CONX is used to enter a professional circle.

4. Pay for Exposure
CONX is used for a better exposure of a company or people.

5. Governance
CONX is used for voting & governance in Connex DAO

6. Integrity Assessment
CONX can be staked against any job or credential. Fake info will burn the staked token.

It’s important to note that the specific mechanisms and distribution of CONX tokens for rewarding positive contributions may be subject to the design and governance decisions made by Connex, and these details may evolve over time as the platform develops.

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou so much Charlie for your valuable answers and information about Connex

It was a interesting time with you 🤝

Charlie Alan:
On behalf of the Connex team, I would like to extend my heartfelt gratitude to all of you for your enthusiastic participation today. Your engagement and enthusiasm have made this AMA session a success. We truly appreciate your support and interest in Connex.

We hope that we were able to address your questions and provide valuable insights into our project. Your feedback and inquiries have been invaluable to us, and we will continue to work hard to deliver a top-notch blockchain solution.

Remember to stay connected with us through our official channels for the latest updates and developments. We value your continued support and look forward to building a thriving community together.

Once again, thank you for your time and enthusiasm. We genuinely appreciate each and every one of you.

Ramsy | Crypto Miners:
Thanks for your valuable time mate, We wish all the very best for Connex and the entire team behind the project❤️🤝

If you would like to learn more about Connex, here are some useful links for you:

Website: https://connex.social/
X: https://twitter.com/ConnexSocial
Telegram: https://t.me/ConnexSocial

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CRYPTO MINERS

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