Hey Luke, thanks for your questions!
Since we're a SMT we want the steemit community to participate effortlessly, which is why we will accept Steem in addition to the regular btc and eth. We will also accept other altcoins like LTC, bitcoin cash and more.
There will be 240million XAP tokens.
APPICS has additional streams of income.. Steemit relies on investors and the inflation while appics has an intregrated shop system with an influencer based marketing system.
That way the inflation will be kept low.
I don't think it's an untested environment. Since Steemit already has a known and proven concept, the steemit users are already familiar with it and new users will adapt.
We work closely with Steemit Inc and have marketing experience, we are in contact with the influencers, have a lot of experience in the IT sector, and our team is growing and improving constantly.We don't have anything to do with SMT Oracles until now. As the technology develops, we might integrate it with APPICS in the future.
Yes, our legal consultant is working on a solution to accept US citizen, by confirming that we're not a security.
Thanks for your interest in APPICS, it was great to meet you and next time we'll have a little more time to chat!
Thanks for the answers. :)
I'm on vacation now, but I'll be keeping an eye on this and maybe asking more questions too. :)