On 3rd of January Protocol Finance conducted an AMA in Crypto Revolution Community. Our guest was Jason from the Protocol Finance Team.Massive interest from the Community — a lot of questions from Twitter and Telegram. Let’s take a look at the most interesting points from the AMA. Protocol Finance was our first AMA for 2021.
INTRODUCTION AND TWITTER QUESTIONS
Danny | Crypto Revolution: Okay guys. It’s time for another portion of Crypto Revolution AMAs. Let’s welcome Protocol Finance and Jason!
Jason | Protocol Finance: Hello ??
Danny | Crypto Revolution: Yoo. How are you man? How was your 2020 so far?
Jason | Protocol Finance: Pretty good.. Enjoyable. We gotta stay safe
Danny | Crypto Revolution: Could you please introduce yourself and tell us how did you get involved into Crypto?
Jason | Protocol Finance: Am Jason a member of the pfi team. Been trading cryptocurrency for over 5 years..Making research, developing and creating..
This has really helped.
Danny | Crypto Revolution:Are you enjoying the Bull Run we experiencing now ??
Jason | Protocol Finance: Yes. Everyone making profit this period..That’s really scintillating…No investors wanna lose their hard earned funds.
Danny | Crypto Revolution:Could you please describe what is Protocol Finance in few simple sentences for the Community?
Jason | Protocol Finance: Protocol Finance can also be defined as a decentralized venture capital that empowers a decentralized interest-free financial ecosystem by building Defi products invested in by its community to distribute revenue as profit stakeholders.
Danny | Crypto Revolution: Interesting is that you are in your Presale Stage at the moment but already 4 Exchanges officially announced that they will list you after that. Am I right?
Jason | Protocol Finance: Yes.. Absolutely hotbit, cointiger, vindax and digifinex.
Danny | Crypto Revolution: Yeah. All of them are well known Exchanges. Could you please provide more information for your Presale?
Jason | Protocol Finance: Presale ongoing via bounce finance and presale wallet. .
Details are available here..
https://www.protocolfinance.com/buy-token.html
Price 0.1 eth per 1 PFI
Total supply : 20,000
Token Price
1ETH = 10PFI
Total Token Supply
20,000PFI
Token Hardcap
1200ETH
Soft Cap
500 ETH
Danny | Crypto Revolution: How the Presale is going so far and till when?
Jason | Protocol Finance: Contract address
https://etherscan.io/token/0x7b69d465c0f9fb22affae56aa86149973e9b0966
Going well..We running a lot of promotion to show awareness via social media. Presale 1 and 2 ends 27th jan
Danny | Crypto Revolution: Your Contract is audited already?
Jason | Protocol Finance: Discussions are ongoing with professionals who will handle this.. Contract auditing is very important due to adverse factors that might affect the contract..
Danny | Crypto Revolution: What about the team behind Protocol Finance. You guys are Anonymous or Public?
Jason | Protocol Finance: Anonymous
Danny | Crypto Revolution: Why you decide to stay Anonymous?
Jason | Protocol Finance: Let the product speak not the team.
So many known team abandon their projects.. And most individuals need to know what decentralized entails.. Because some are newbie to the crypto environment.
Danny | Crypto Revolution: That’s true. Lol.
Jason | Protocol Finance: .Yeah Protocol Finance plans to build an ecosystem of innovative defi applications on the Ethereum open source application, which will be utilized by the Protocol Finance team and the community members of Protocol Finance.
Danny | Crypto Revolution: So a lot of people are scared to participate in Presales cause of the so many Rug Pulls happening all the time! How people can trust you guys that you won’t be the next Rug out there?
Jason | Protocol Finance: We are listed on 4 exchanges..
We spent from our personal funds over 50,000$ to get listed on these 4 exchanges.. And we plan to get listed on more exchange, create partnership and development..
We are officially listed on 4 Exchange
Hotbit :
https://hotbit.zendesk.com/hc/en-us/articles/1500000534962-Hotbit-will-launch-PFI-protocol-Finance-soon
Cointiger : https://t.me/cointiger_annoucements/857
Vindax : https://t.me/protocolfinancechat/35807
Digifinex:
https://digifinex.zendesk.com/hc/en-us/articles/900004035646
Danny | Crypto Revolution: Yeah. That’s why I allow you guys to present Protocol Finance here. You took a lot out from your own Pockets for Development. Gas fees are extremely high at the moment. Do you think this will stop some of the Investors?
Jason | Protocol Finance: Yes it will..Eth going parabolic too..
But we’ll try our best to satisfy the community..We will be having a partnership announcement in few days..
Q1 from @R7Clover
Each project created has its own missions and goals, so what are Protocol Finance missions and goals in the future? How important Protocol Finance will be to everyone in the future ?
Jason | Protocol Finance: Protocol Finance is building a solution that would create a diverse world of defi products, and this will increase defi adaption and values of both the defi world and Protocol Finance ecosystem. This solution will empower every individual, all they have to do is to hold some specific amount of tokens. The tokens’ value is dependent on the adoption rate of products in our ecosystem.
Protocol Finance will commence with building a flagship decentralized
finance application. This product will be fabricated such that token holders
can utilize them seamlessly without breaking a sweat and newbies can
easily be trained on how to use it.
Since the token will have a full governance mechanism for community
voting, every milestone achieved will have a set notion by the community
because they’ll have to vote for all initiatives. And this will make the project
draw closer to the next phase on the roadmap as this would help narrow
down the next course of action required to achieve our end goal which is to
disrupt the entire defi ecosystem.
Our goal is crypto adoption through DeFi, We mean real DeFi products that will change decentralized finance with a guaranteed yield that will withstand the test of time.
motivation and benefits for investors
Portfolio Diversification
Security
Convenience
profitability
Danny | Crypto Revolution: Don’t you think people are lost in too many DeFi Projects out there?
Jason | Protocol Finance: Yes.. They are. Vivid research is needed for newbie so they won’t fall for scam projects
Danny | Crypto Revolution: What is your strategy to get them invest in Protocol Finance? What kind of Marketing you plan to do near future except AMAs for example?
Jason | Protocol Finance: We Believe That Community and Token Holders Are Very Important Factors for The Success of a Platform.
Different kinda marketing including promotional activities via twitter, YouTube..And again community is very important. We respect their decisions
We educate investors towards what PFI entails so that they can understand better and invest
Danny | Crypto Revolution: Thank you. Like the point that you try to educate your Community. Not too many Projects are doing that.
Jason | Protocol Finance: Yes. Despite we are listed on 4 exchanges..
People complain that they don’t like those exchanges..
Despite their 24 hours volume is over 1 billion$ for spot trading..
The reality is, we cannot satisfy everyone, we gotta try our best
Danny | Crypto Revolution: There always will be Haters around.
This 4 are not bad Exchanges in my opinion. You will list on Uniswap as well I believe?
Jason | Protocol Finance:Yes.. Uniswap after presale..
Cointiger : 28th Jan
Digifinex : 28th Jan
Hotbit : 29th Jan
Vindax. : 29th jan
Q2 from @Yeeasin2
Do you agree that community is a key factor for the success of the project? Knowing that the project has had quite successful phases, but with future plans do you have plans to benefit some communities coming soon?
Jason | Protocol Finance: Our goal, for now is to bulid a more stable product on the Ethereum chain. WE may explore other chains going forward, however, that would be a community driven decision
We Believe That Community and Token Holders Are Very Important Factors for The Success of a Platform like I said earlier
We have a huge community @protocolfinancechat
A huge community on Twitter likewise..
twitter.com/protocolfinance
We welcome other community to support our project with a warm embrace and invest.. We will all enjoy the bull market
TELEGRAM QUESTIONS
Telegram User:
Token burn” is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does your great project have a plan about token burn?
Jason | Protocol Finance: Yes.. We plan to burn unsold tokens..And that can be done periodically. Token burn create value..It also increases the token price.
Telegram User:
How will Protocol Finance team target and educate people who don’t know about blockchain and crypto?
Jason | Protocol Finance: We educate people through enlightenment..
One thing is language barrier is another issue..We created a Chinese community..But depends solely on google translate..Sometimes google translate rubbish language. This is a manor issue anyways.
Telegram User:
Do you create events that allow developers to come into the website to search for loop holes?
Jason | Protocol Finance: Plans are ongoing for that..
Telegram User:
What the advantage by participating on $PFI presale event and how do holders of the $PFI token benefit in the ecosystem? What are the basic requirements to participate?
Jason | Protocol Finance: Basics requirement for presale
Bounce finance or direct eth..
https://app.bounce.finance/fixed-swap/4893
https://www.protocolfinance.com/buy-token.html
Total supply 20,000
Price : 0.1 eth per token
Telegram User:
Partnerships are crucial for Adoption, so can you tell us what partners you have currently and future partnerships?
Jason | Protocol Finance: We are having a partnership with Bitkeep in few days.. We also love ferrum network so much..Discussion ongoing with ferrum network..We love their staking platform..But our first partnership will be Bitkeep wallet.
CONCLUSION
Danny | Crypto Revolution: Final words for Community Jason?
Jason | Protocol Finance: On behalf of the PFI team..We really appreciate this community..Please support us.And also do vital research before making any investment decision.. One ??
For more information and future AMAs, join our Social Media channels:
Website: https://crypto-revolution.io
Telegram group: https://t.me/crypto_revolution1
Twitter: https://twitter.com/revolut20?s=09
Our Partner:
Website: https://www.protocolfinance.com/
Telegram group: https://t.me/protocolfinancechat
Twitter: https://twitter.com/protocolfinance
WRITTEN BY
Crypto Revolution
Telegram Group about CRVT Token, Crypto news, Crypto Education, Crypto Believers and Crypto knowledge about different Projects. Let’s talk Crypto together ??
