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AMA RECAP IDCRYPTO X Filecloud Finance

Speaker : Filecloud Team
Date : Thursday, May 27th, 2021



Hello Crypto Targets welcome to our community, we are glad to be with you here.

Crypto Targets:
The pleasure is all mine.

Please introduce yourself and tell how you started a crypto business to the idcrypto community?

Crypto Targets:
Hello I am the Marketing Manager for Filecloud. Filecloud was basically made to be a cloud storage platform which is going well already. Investors have pulled in funds to support our programmers and we’re almost done with it. After the whole crypto surge we decided to expand our reach and also integrate a blockchain into our project to further support and Improve it so we did our research the whole of Q1 2021 and Started work on our coin Q2 2021.

Thank you, next question.
Can you explain what is Filecloud and how long your project launch !? Please explain in simple sentences.

Crypto Targets:
FILECLOUD FINANCE is a peer-to-peer decentralized genuinely anonymous Blockchain and mostly, it has all the characteristic features of Bitcoin (BTC) in the aspect of payment and limited supply with an additional guarantee of it being anonymous.
Filecloud wallet and cloud storage are both launching this year and that would even cause the price of our coin to rise further.

Can you share with the community what Filecloud has been doing from the roadmap ?

Crypto Targets:
We have already formed the team fully.
We have also gotten investors to sponsor the project till launch.
The Cloud storage is under development and would soon be ready and we have launched our presale.

Very interesting, Thank you for the detailed answer and your explanation.

Crypto Targets:
You’re welcome.


Question 1
how do you solve problems with Privacy Protection? are you going to make everything anonymous? or do you have another explanation?
From @amatama_romeo

Crypto Targets:
Let’s take bitcoin for example. You can send someone btc and they can easily see your balance as well as transactions you’ve made and if we’re talking about privacy, this isn’t privacy anymore because these are details that are meant to be hidden.
Even when you send money through a bank the receiver doesn’t get these information talk-less a decentralized system that promotes anonymity. Our blockchain is built to hide all these and preventing anyone from seeing your personal details like balances and transactions done so full privacy and anonymity.

Question 2
why don’t you do a token sale by way of IDO, or cooperate with other projects? isn’t this method very effective? what is your strategy to attract investors?
From @Dquewr

Crypto Targets:
We decided to do a presale this way to avoid manipulations. We would’ve used dxsale but because of bots presence there is a lot of manipulation. We adopted this method to control supply and prevent any form of manipulation to our tokens.

That’s pretty good, thanks for explaining, Question 3.
looking at your tokenomic data, there is no burn token part, is it really filecloud there are no burning plans? If there really isn’t, what steps will filecloud take to increase the token value apart from burning?
From @RewqsrSar

Crypto Targets:
Yes we are not burning any tokens but we are going to be locking some of it. For example team tokens would be locked for a year and any other tokens not in use or distributed would be locked in their respective wallets. Since token supply is just 5,000,000 and most of it are locked out, there would be scarcity and also because of the locked tokens there wouldn’t be a huge dump so with our proper marketing price would steadily rise.

Question 4
What is your strategy for building a strong community? Do you agree that the power of the community will lead your project to develop globally? What services do you provide to the community?
From @magnusxzx

Crypto Targets:
Our community is the heart of our project, we honestly can’t be anything without people who believe in us, invest in us and also use our services. Community members would have discounts when using our services, we would host giveaways for them from time to time and also ensure there are no problems and we would attend to every issue properly and on time.

Of course, support from the community is an important role too, Allright Last Question.
FileCloud has all the characteristic features of Bitcoin in the aspect of payment and limited supply, however, how is FileCloud in term of scalability and fees, some of the weaknesses of BTC?
From @Alicewonder1202

Crypto Targets:
Yes we both have limited supply but now we have seen some of the problems in btc and we are already working on evading them.

1. The issue of high fees to send. We are going to make our fees as low as possible.
2. Transaction speed. Sometimes it takes hours for transactions to complete on bitcoin but we are going to make that seconds on our blockchain.
After studying the bitcoin blockchain and studying weaknesses our programmers are already working on the solutions to serve everyone better.

Thank you for your answer.


Temitope Awoyinka:

Crypto Targets:
-Low fees
-Fast transactions
-Good use case

Karoceh | Crypto Sumatra:
You mentioned that one of the advantages of FileCloud blockchain is low fees, how do you keep fees low? Can you be sure that future fees will not be as expensive as Ethereum?

Crypto Targets:
Yes I can assure you we are working to make sure the fees are constant.

Rime Resj:
I did not find the audit results from FileCloud, is it really Filecloud not doing an audit? how do you think about this?

Crypto Targets:
We are already applying for that.

Is this FileCloud only for elite investors, what about others with small funds, is it open to everyone?

Crypto Targets:
Yes minimum investment is 0.2 BNB

Linh Neil:
how important is the community for Filecloud Finance and what steps will be taken by team to keep interest of community & investors intact ?

Crypto Targets:
We would keep everyone engaged and updated on everything the team does. Even if it’s a privacy based project we would be as transparent as possible.

Ukniser Linh | $SFP $BNB Hodler:
What is the most expected thing/product that you hope FCF will develop for Filecloud Finance ecosystem?

Crypto Targets:
Cloud storage and it’s already under development.

king koog Thiên Hậu:
A lot of people will want to know what the strength of Filecloud Finance is, But I Want To Know the Weaknesses and Problems Filecloud Finance faces?

Crypto Targets:
Our strength is the fact that there’s scarcity so price will increase due to that. We also have low transaction fees and fast transactions, Currently there’s no downside for us.

How do you work to Expand the community and become more Popular to Crypto World? What are you planning in Filecloud Finance with the other DeFi ecosystems? Do you plan to have Technological Alliances or be one more competition?

Crypto Targets:
We are going into heavy and strong partnerships as well as heavy marketing to get the word out there as many times as possible.

Isabel Lucia:
What are the biggest challenges for Filecloud Finance for building DeFi Platform? Can you tell me some memorable milestones during the development of Filecloud Finance?

Crypto Targets:
Getting investors had to be the hardest part but after we showed them what we were capable of, they didn’t hesistate to sponsor us.

M@RI¢HU¥ :
Can you tell us something about your Vision and target that Filecloud Finance is focusing most until end of this year?

Crypto Targets:
We want to launch our wallet app and the cloud storage and we look to have over 10,000 users before the year ends and with our plans that’s very very possible, If that happens our coin would rise a lot.

Leonora Teresa :
What are the 2 or 3 fundamental pillars of your token that will guarantee its success?

Crypto Targets:
-Proper marketing
-Good use case

What does your roadmap for 2021-22 look like? Name some important milestones you are hoping to achieve?

Crypto Targets:
Launching of wallet app and cloud storage.

𝕬𝖉𝖊𝖓𝖆𝖓𝖉𝖗𝖆 𝖕𝖗𝖆𝖇𝖚𝖒𝖎 𝖑𝖆𝖐𝖊𝖘𝖜𝖆𝖗𝖆:
What are the next planned steps to increase adoption and awareness among people and more specifically among professional asset management?

Crypto Targets:
More partnerships and good marketing.

herly | blessed $$$ #AshArmy:
As an individual user ,In what ways can I contribute to the development ? Do you have Ambassador programs and what are its benefits?

Crypto Targets:
As small as being a holder of our coin means a lot to us and supports the project.

Moon Moon Ambassador l Hoder l Investor:
Who are your potential customers and which markets are you targeting on?

Crypto Targets:
We have 4 youtubers making us videos and we would continue to use them. We also had Xenos on twitter market for us and currently we are pinned on his page, He was the first to market safemoon.

Syeda Minhal Bukhari #AshArmy :
Do you have any plans to attract Non-crypto investors to Filecloud Finance . Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?

Crypto Targets:
Yes we have a cloud storage in development so non crypto investors can invest there as well.

Bé Trang:
I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over the existing one? What is your token advantage that can convince me to change from my favorite token?

Crypto Targets:
Our tokens are scarce and the project support it is solid.

MORE DETAIL ABOUT Filecloud Finance

Oezank is a Crypto Influencer who has more than 2 years of experience observing Crypto projects and strongly believes in blockchain technology in Indonesia.


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