AMA Theme : Introduce
Fish Farmer
Date : 4 February 2021
Veneu : https://t.me/CryptoExOr/
Spokesman : Mr. Richard | Leader Of FishFarmer
SESGMEN 1 : INTRODUCTION
Crypto Expert Organization:
@Leaderfishfarmer hello sir 👋 Are u here now ?
Mr. Richard:
Hello guys
We are excited to having an AMA with your community, let's
do this !
Crypto Expert
Organization:
Ah, you are here. Thank you for coming, Mr. Leader. But
before we start can I and the Crypto Expert Organization community. Recognize
you?
You can start from the name and extraordinary experience
while at FishFarmer 💪
Mr. Richard:
Sure, my name is Richard and I have been in crypto since
2014 I love decentralized ecosystem and building unique tokenomics and features
in my protocols.
I have collaborated with many successful projects since 2018
and now I fell in love with DeFi and Yield Farming.
In our opinion it has the potential to change forever how we
think of banking and yield rewarding systems
Crypto Expert
Organization:
Greetings to Mr. Richard. And let me introduce myself too.
My name is Dedy and our translator today is Widiarta 👋
nice to meet u sir
Mr. Richard:
Nice working with you DeDy and Widiarta !!
And nice to be part of this splendid community
Crypto Expert
Organization:
All right, Mr. Richard. We will enter the first session of
this AMA where I as the host of our AMA program today have 5 questions for this
amazing project yes it is FishFarmer 🦈
Mr. Richard:
Great let's go for it
Crypto Expert
Organization:
First question.
Could you explain a little about FishFarmer? and what Is make it
different From another Project?
Mr. Richard:
FishFarmer is a DeFi project that aims to revolutionize the
yield farming world.
It is designed to reward liquidity providers with a Nice and
stable APY and keeping the supply low with several deflationary systems.
Our token will have multiple use cases outside of yield
farming ecosystem that will give it a real value !!
Crypto Expert
Organization:
Sounds interesting. I increasingly want to dig deeper about
this FishFarmer. 🤤.
Have you finished answering my first question, sir? Or is
there anything you want to add?
Mr. Richard:
Multiple usecases will be:
1) governance for liquidity providers
2) users will be able to play in our audited casino and a %
of the income will be redistributed to all liquidity providers
3) we plan to build a swap platform where people will be
able to add liquidity and swap tokens(much like Uniswap)
4) much more to come guys
Crypto Expert
Organization:
if it's finished, sir. Richard, please say it's done so that
I don't cut your answer, sir 🙏
Mr. Richard:
First question answered !
Crypto Expert
Organization:
Second question.
What is the name of your token and how is it utilities? Where can we get it?
Mr. Richard:
Fishfarmer will initially have 2 tokens:
FishFarmerToken ($FFT) will be a placeholder so all its
holders will receive the tokens we will deploy for this project
FishFeed ($FHF) will be the farming token it will have all
deflationary systems and it will be the token used in our casinos, lottery,
NFTs etc
It will be airdropped to all $FFT holders.
We plan to list both $FFT and $FHF so that pre sale
investors will be able to earn passive income without risking precious ETH !!
You can get $FFT by filling our whitelist and sending
between .5 to 1 ETH to project multisig once the private sale starts !!
Whitelist:
Crypto Expert
Organization:
Q3. What are the benefits we get from buying and holding $FFT?
Mr. Richard:
So FFT will be the placeholder token but as I mentioned
above it will be listed on Uniswap in FFT/FHF pool so that pre sale investors
will be able to provide liquidity without using their own eth.
Doing so presale investors will be able to earn daily
passive $FHF which they can sell for ETH or USDC or they can play on our
decentralized casino platform !!
Crypto Expert
Organization:
Q4.What achievements has FishFarmer achieved so far? Then, what is the
next big step for FishFarmer to take?
Mr. Richard:
We have registered the domain, built the website and edited
the Whitepaper.
We also have contacted a team of three experienced coders
that have already designed the code for the tokens contract and now they wanna
be paid half their salary before they deploy them
After we raise funds with the pre sale, coders will be paid
they will deploy the token contracts and we will airdrop all pre sale
investors.
We will then list on Uniswap and lock the liquidity for ever
so that no rugs will be possible !!
After the project is live we will focus on creating external
revenue systems that will give an ever growing value to the project !
Crypto Expert
Organization:
This is the last question from the first session of our AMA
program this time, Mr. Richard
Fifth question.
What can we expect
from current and future $FFT?
Mr. Richard:
We want $FHF to be the next generation liquidity mining project.
We have witnessed many 'farming' tokens printing their way
to the infinity, we will have a global daily burn that ensures we never print
more 400k and when we ultimately cap at that supply it will decrease even more
thanks to the other deflationary systems we have !!
And once we list other tokens with $FHF we will implement a
restaking platform that allows liquidity providers of other project like
harvest finance (FARM) to earn both FARM
tokens and FHF tokens those rewards will be automatically staked in our growth
pools.
This system will allow FishFeed to be a highly liquid
project. And more and more projects will beg us to be listed in our restaking
platform as their token's price will increase daily thanks to our global burn
!!
Crypto Expert Organization:
Thanks to Mr. Richard. I feel satisfied after hearing your
answers to the 5 questions that I have prepared, sir
Mr. Richard:
Is everything clear ?
Crypto Expert
Organization:
It will be clearer if I read your white paper later, sir
Mr. Richard:
U can always ask in our community man !!
Crypto Expert
Organization:
Well, we will enter our second session at this AMA event
where the team has jointly selected and discussed the best questions on Twitter
this time
💪 Thank you, I will be
happy to come and ask if there is something I don't understand, sir
Are you ready to answer five questions from Twitter this
time, Mr. Richard?
Mr. Richard:
You are welcome man !
Okay let's do this !
SEGMEN 2 : TWITTER QUESTION
Crypto Expert
Organization:
Q1. From Twitter :
@Amo33963656
FishFarmer aims to change how cropping and liquidity mining work
through different methods of unloading the supply of tokens. What are these
methods and could they increase the token value?
Mr. Richard:
1) global daily burn: it's a new system that allows the
supply to be decreased daily in all wallets, this allows the token not to
overinflate and the price to go up. It also punishes the traders and holders
and rewards the liquidity providers.
2) transaction burn: every transaction comes with a 5% burn
to discourage traders and pump and dumpers
3) casino platform: once liquidity providers decide to claim
their tokens they can play in our audited decentralized casino to earn more
tokens. The tokens lost will be weekly partially burned and partially
distributed to stakers, the rest will go to casino treasury to pay the winners.
More systems Will be implemented in the future with the same
goal:
Decrease the supply, increase rarity and price !
Crypto Expert
Organization:
https://twitter.com/Amo33963656
That was the answer to your question, my friend. I hope you
are satisfied with Mr. Richard's answer 👌
Well we will continue to the next question
Mr. Richard:
If not feel free to DM me
Okay
Crypto Expert
Organization:
Q2. From Twitter :
@Rhada25
This year, DeFi Market really got off to a boom & with the DeFi
rally underway, How can Fish Farmer capitalize on the huge potential in the
derivatives market? And how does Fish
Farmer benefit users?
Mr. Richard:
We plan to ride the way of DeFi, but changing its structure.
We think in order for something to have real value it must
have real world usecase. And casino is just the beginning, we plan to implement
many more real world usage.
Also DeFi and Yield Farming in particular is very
complicated to the average investors, we are preparing tutorials on how to
stake $FHF a very simple and easy User Interface and mobile app to easily farm
from your device !!
Also this should have remained a secret but I am too
excited, i need to tell you guys..
we plan to implement a synthetic assets platform where FHF
investors will be able to create their own tokenized assets or baskets of
tokenized assets (stocks, resources or even an asset pegged to the unemployment rate in the US)
With all this features we hope FishFarmer will be in the top 100
Crypto Expert
Organization:
Thank you for a good question from you 👍.
And that was the answer to your question. If something is not understood, you
can immediately ask the FishFarmer telgram community
Q3. From Twitter :
@nguyenthuthuy90
What is the most outstanding technology that Fish Farmer is currently
applying? Is Fish Farmer afraid that in the future there will be competitors
who will surpass Fish Farmer's technology?
Mr. Richard:
That's a very good question Nguyen thanks !
Crypto Expert
Organization:
https://twitter.com/nguyenthuthuy90
You get really extraordinary adulation 💪
Mr. Richard:
So In my opinion the best technology is currently global
daily burn as nobody has ever thought of and the ideo of reducing the supply
daily gives a huge boost compared to 99% of inflationary farming tokens.
But this technology itself it's not enough in order for
global burn to achieve our goal, $FHF has to become an highly liquid token, and
that's why we want to bring this to the masses with simple and fun experience,
tutorials for dummies and mobile app (most of yield farming project can be used
only on PC)
Not only this, we will also implement the restaking platform
that will make farming projects beg us to list them with us so that also their
token can increase in price !!
Crypto Expert
Organization:
Q4. From : @deminfur
Regulation is very important. Many projects were closed in
many countries due to not using the correct regulations and permits. How does
the FishFarmer team deal with these issues to go global?
https://twitter.com/deminfur/status/1357028239756185602?s=19
Mr. Richard:
Hello Deminfur, yes regulations are very important for
centralized projects.
However Fishfarmer platform will be hosted in decentralized
servers assuring no one can ever put it down !
Crypto Expert
Organization:
Q5. From : @Adiso22
The digital world is growing rapidly and many new projects are emerging
in the fields of farming, exchange, stake and others.
Briefly tell us that this project is not only profitable but it is a very
good long term project that is true & is not deceptive?
https://twitter.com/Adiso22/status/1356415395956023296?s=19
Mr. Richard:
That is a very good question Adiso, thank you !
Fishfarmer wants to be a sustainable rewarding platform with
many external and internal revenue systems and huge liquidity against top
farming projects (YFI, FARM,UNI,SUSHI) the great thing about FishFarmer is
that, unlike many other projects, it benefits it's competition making their
price increase overtime.
Yes we are here for the long-term and we want this to
ultimately be here even when we are not anymore.
After the initial phase the project will be community lead
and will basically run itself
Crypto Expert
Organization:
Two hours passed. And finally we enter the final session
where Crypto Expert Organization members are given permission to give their
best questions directly here
Mr. Richard:
Lovely, I can't wait for that
Crypto Expert Organization:
Prior to that, the Crypto Expert Organization had rules
where all of you had to follow these rulesMr. Richard:
Hello Deminfur, yes regulations are very important for
centralized projects.
However Fishfarmer platform will be hosted in decentralized servers
assuring no one can ever put it down !
Crypto Expert
Organization:
Prior to that, the Crypto Expert Organization had rules
where all of you had to follow these rules
SEGMEN 3 : AMA LIVE
Q.1 From
@Abdullah_Alabi
Whitelist is live for fish farmers tokens and investors are expected to
buy $FFT with their ETH.
Many projects go through this route and runaway with Investor's ETH
after Pre-sale.
What are the security measures you have to assure investors that their
investment is safe in your hands?
Mr. Richard:
Okay so in order to prevent any worry from our investors we
are going to make the multisignature wallet with 5 members and minimum 3
signatures to approve each transaction : 2 team members and 3 community members
so that every single transaction will have to be approved at least by a
community member.
Further more after coders are paid and contracts deployed we
are going to list on uniswap with all the remaing ETH and the liquidity will be
locked for ever assuring that our project will always have liquidity
Q.2 From
@Underscores891
what makes us investors believe that your project is legitimate?
(Lately there are a lot of projects that are very convincing but don't
keep their promises after making a profit from their investors 'money they
close their projects and leave with investors' money)
Mr. Richard:
Hello Suryadi and thanks for your question.
So as mentioned above we are going to make a multisig with 3
community members a 2 team members assuring community has more voting power then
the team.
From that multisignature wallet we will move only the eth to
the coders(approx 5 ETH) and marketing expenses (2-3 ETH) the remaining ETH
will be directly listed on uniswap with the equivalent amount of $FHF the LP
tokens will be burned assuring that liquidity can never been pull out !
Also team won't get any team tokens or Eth reward, project
and team will only get 2.5% of tokens minted per day( sushi team gets 10%)
Therefore it is in our best interest for the project to make
money and be successful in the long run as it is the only way we (community,
team and project) can make a stable profit
Q.3 From @NaufalRf6
How does FISHFARMER with its
Innovation and technology can solve liquidity issues and create the liquidity
for DEXes which is different from Centralized Exchange?
Mr. Richard :
Yes, FishFarmer aims to be a highly liquid token and we will
reach that goal through the restaking pool, our swap platform where any erc20
tokens can be swapped, much like Uniswap, but using a layer 2 scaling solution
that will allow transaction to be processed instantly and with a very low gas
fee.
Also we plan to implement fiat on/off ramps where people can
use our watchdogs escrow service to swap fiat for $FHF and vice versa all these
features will allow us to be unique in the DeFi world and will ultimately
include the average Joe through our simplicity and ease of use
Q.4 From @Sahinsahinn
Marketing is a central element for every project, so everyone knows the
potential that a project can bring, vital to achieving the set goals. What is
FishFarmer's strategy to attract new users and investors to the project and
keep them long term?
Mr. Richard :
We are reserving 3 ETH for marketing purposes, and we will
make many more AMAs and marketing events to make people understand all our
values and how we plan this project to be a top 100 coin in few months.
1) global daily burn and other deflationary systems
2) restaking platform that allows other projects to gain in
value due to the price of FHF going up thanks to global decay
3) mobile app for farming, casino and lotteries
4) easy to use interface and step by step tutorials on how
to use the platform
5) swap platform with instant transaction or little to no
fees
6) synthetic assets tokenization that allows us to create
any assets tokenized with out $FHF
Many more future implementations and rewarding the loyal
community members.
That's how we plan to be a top 100 coin in months guys, we
need your help to spread the word and change this degens attitude and finally make
a yield farming project that is stable and rewarding even in 50 years from now
!!
Q.5 From @Abdullahmia
What is the difference between $FHF and $FFT? And why are they differentiated? Would you please tell me which one would be
most beneficial for us?
Mr. Richard :
So we are having two tokens ecosystem, FFT is a placeholder
token all FFT holders will be airdropped all the tokens we will create for
Fishfarmer (as we plan to create more in the future).
Now if you decide to join the private sale and you manage to
be in you will get 300 FFT with one ETH.
You will then receive 300 FHF right after we provide
liquidity in Uniswap.
You will then be able to stake 300 FFT/ 300 FHF in the
FFT/FHF pool.
Do u guys understand where I am going ?!?!
Pre sale investors will be able to earn passive income
without using ETH and at half the price of public investors.
All pre sale investors will also get a special NFTs that
give them a special benefit over the farm ( benefit is yet to be decided)
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