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On Thursday, February 4th, we had the pleasure to welcome to our Telegram chat:
Wallstreetbettss, The marketing and community manager of FEG Token.
We asked him questions about the development of FEG Token.
INTRODUCTION
Q~ Can you briefly introduce yourself to the blockchain space community ?
A~ Yes, I’m the marketing and community manager of $FEG, Rox is the DEV.
Q~ Tell us core background that birthed FEG Token project, What solution will FEG project proffer to the problems of blockchain industry ?
A~$FEG is a fork inspired from RFI and SHIB, which gives you frictionless rewards instantly to your wallet on each and every buy or sells, 1% is sent to all holders and 1% is sent to a burn address.
Having a huge supply give the opportunity to everyone to be part of the project.
A lot of meme coins poped out of nowhere and we just wanted to add something better to it by doing an RFI clone.
Q~ “FEED EVERY GORILLA” is first precis on your website, what does this phrase mean in relation to the project ?
A~ At first the project was created as a meme FEG was F**CK EMILY GOETZ
Who’s Emily Goetz ?
The creator of RFI which we cloned and scammer of flow protocol + a 4million $ scammer.
That’s why $FEG is trustless, that means you dont need to trust the team to be safe.
We decided to changed the name. l for professional reasons since we saw our community was involved like crazy.
Now FEED EVERY GORILLA because were all apes with strong hands and we get fed by getting rewards straight to our wallet.
Q~ Security has been an intense difficulty in the blockchain industry, we will like to know what are your security standards /mechanism to prevent hacking and ensure the funds of users are outrightly safe with FEG ?
A~ What made $FEG safe is because we made the RFI clone, it has already been audited, we have resigned ownership, which means we can’t make any modification in the contract no matter what.
On top of that, we had WOR approval
So again, we can call it a community token because everything is already set in the contract and nothing can be changed, we can’t change the fees, blacklist addresses, use backdoors or get ddos by anyone.
Q~Is FEG anonymous ?
A~Yes, but the DEV has done Video KYC with Pop Smoke, he owns the Defi gem hunterzz group.
We think since its an independent project, the team is considered as a holder like everyone and dont need to be public, in other words, its useless to be public because you dont need to trust the team for being safe in $FEG.
Q~Describe the tokenomics of $FEG Token ?
A~ Tokenomics:
100,000,000,000,000,000 Supply
50,000,000,000,000,000 Burnt
1% Burned on each transaction
1% Frictionless Farming fee on each transaction (RFI Fork)
We burnt 50% of the total supply + 1% on every buy/sell is being burnt
You can follow the burns activity on this link
We thought it would be great to have the maximum token possible so we will be able to bring in as much people as possible without the price being to high.
Now i know some of you might think yes but the gas fees, the high gas fees is related to the frictionless rewards that we get, but I always say, pay the feees and earn it back while holding.
QUESTIONS FROM TELEGRAM
Q ~ Telegram user @RosemaryBianco : As “Education” for crypto currency is necessary nowadays. What’s your plan to to attract those people who don’t know about in cryptocurrency?
A~ I think the DEFI community is growing everyday! And people are making more and more earnings on it! I know people who invited their parents to join $FEG! Its just awesome and there is room for everyone, we are growing organically and thats what we want, REAL HODLERS.
Q ~ Telegram user @real_janewat : Now have many super hackers so security, scalability, and data privacy are three aspects that are very important at enterprize level, how can $FEG foundation handle these issues?
A~We have hired a hacker to block any attacks on our products other than our contract , Since we resigned ownership, no one in the world will ever be able to access those commands and make a change on it.
Q ~ Telegram user @jack_Star78 : There are 3 core issues prevalent in crypto and blockchain: Security, Interoperability, and Scalability. So how does Your Project plan to overcome these issues?
A~We are very strategic about it! If you look at our chart you can see that from the start, the real holders stay and hold, we make marketing with small community and the ones that are willing to help because we know thats where loyal people are.
Q ~ Telegram user @sinthiya86 : Are you a global project? Can anybody use your services from anywhere?
A~ Yes, we are global, you can buy or sell $FEG from anywhere, on uniswap or 1inch.
Q ~ Telegram user @real_janewat : Despite the recent DEFI hype, the current adoption and participation of users in DeFi is only 1% of crypto users. Can $FEG, through anonymity, increase the overall popularity of DeFi among users?
A~ Yes! because the supply is so huge and there is room for everyone, people that don't have time or the knowledge to stake, farm, add to liquidity etc will prefer $FEG because all you need to do to earn rewards directly to your wallet is simply hold.
CONCLUSION
It’s really nice having FEG Token project in here!!!
You can check out their website for more details. You can also follow them on Telegram and Twitter to keep up to date with all things relating to FEG Token.
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