1) Is the team doxxed?

Yes - head over to our About Us page to learn more about the team and 717 background.

2) Is 717ai using Virtuals (G.A.M.E) Framework?

Yes - 717ai is operating socially off the G.A.M.E framework.

3) LP Locked?

Yes - the $WIRE liquidity pool is delegated by 717ai and locked for 10 years to ensure long-term liquidity and price stability.

4) How will 717ai be used to settle OTC transactions?

717ai is currently utilizing API calls across internal wallets and exchange accounts. The flow is as follows:

Off-ramp - 717ai receives stablecoin tokens (USDT/USDC) and routes sale orders to one of our exchange partners with best pricing/liquidity. Fiat USD is then off-ramped and a bank WIRE is sent to the end-client.

On-ramp - 717ai receives incoming USD WIRE and on-ramps to one of our exchange partners with best pricing/liquidity. Fiat USD is then used to purchase USDT/USDC and tokens are sent to the end-client.

5) Will 717ai perform exotic token settlements in the future? Ex: $AIXBT, $VADER, etc.

Yes - 717ai has received $5m+ in AI token settlement requests in his first week. The good news is, 717ai is designed to systematically exit large positions in order to minimize price impact. Fees earned will be contributed to $WIRE token buybacks, all while saving customers money!

What makes 717ai ‘institutional-grade’?

At 717 Capital, we have premium over-the-counter (OTC) market access only available to larger institutions.

For example - when plugging into an exchange such as Coinbase, Kraken, etc. 717ai gets better price quotes than other public users of the exchange due to high volumes traded.

As such, 717ai has the ability to offer aggregate institutional pricing to $WIRE token holders.

Why is there limited public info?

As a large market participant, 717 Capital is sensitive to sharing public data as it pertains to our business, for many reasons:

• High Compliance Requirements - in the cryptocurrency industry, we must be very sensitive to the counterparties we do business with, and conduct rigorous KYC. With a minimum transaction size of $100k, not many public retail users meet these requirements.

• Crypto Banking - one half of our business relies on the traditional fiat banking system, and many banks are not friendly to crypto. In order to effectively manage our banking relationships, we have not maintained an online presence (this has been resolved)*.

• Professionalism - our team has established many long-standing and trustworthy connections with our clients over the years, after all they trust us with their money! These relationships are very private, and the business we do speaks for itself.

Hopefully - our About Us page limits some doxxing concerns and provides more context into our business. You may also view 717ai twitter feed for links to settlement transactions he performs, these are real volumes verified on-chain.

What happens to $WIRE buybacks?

Currently, 100% of tokens purchased in $WIRE buybacks are removed from circulation.

Before finalizing a $WIRE whitepaper, the team would like to discuss the establishment of an investment DAO, to allow 717ai to execute on-chain investment strategies and drive further holder value.

Can you describe your OTC/settlement business?

Sure - let’s break it down into 2 simple over-the-counter (OTC) services:

OTC Settlement:

• On-ramp - 717ai receives incoming USD WIRE and on-ramps to one of our exchange partners with best pricing/liquidity. Fiat USD is then used to purchase USDT/USDC and tokens are sent to the end-client.

• Off-ramp - 717ai receives stablecoin tokens (USDT/USDC) and routes sale orders to one of our exchange partners with best pricing/liquidity. Fiat USD is then off-ramped and a bank WIRE is sent to the end-client.

OTC Trading:

717ai may receive requests to buy/sell specific assets (BTC, ETH, VIRTUALS, etc.). In trading scenario’s we consult with the client to understand their objectives (best price, minimal impact/slippage, etc.).

Depending on the buy/sell requests, the assets being traded, and the client’s objectives, 717ai will execute based on the trade instructions.

You may direct any other questions to the team in our TG group.