RECAP AMA ID Crypto X DealDefi

RECAP AMA IDCRYPTO X DEALDEFI
Speaker : Mr. Joshua
Date : October, 28th 2020
3 SESSION FOR AMA
1. PROJECT INTRODUCTION
2. FORWARD BEST QUESTION
3. FREE ASKING

IDCRYPTO: hello @JoshCEO welcome to our community 

Mr. Joshua:
Thank you sir

IDCRYPTO: You’re welcome.Are you ready sir for this AMA ?

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Mr. Joshua: Yes Sir.Let’s go!

IDCRYPTO: perfect .. i like your excite
But before we start the first session, can you please introduce yourself and your background to us first ?@JoshCEO

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Mr. Joshua:
My name is Joshua Patrick.I have a degree in Computer Engineering and Masters in Innovation and Entrepreneurship.I’m into innovation and entrepreneurship with an inclination to emerging technologies such as the Blockchain and Cryptocurrencies.I have worked for Cito Communications Ltd and pioneered Digi Pesa Technologies Ltd and Totalcoin Ltd both Blockchain and Cryptocurrency firms

IDCRYPTO:wow great background, I think Dealdefi will succeed with a CEO like you

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Mr. Joshua:Absolutely.We going all the way Sir!

IDCRYPTO: Perfect.. ?Okay I think the introductions are enough, can we enter the first session sir?

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Mr. Joshua: Sure! Let’s go on!

IDCRYPTO:Okay let’s start to 

FIRST SESSION PROJECT INTRODUCTION
1. What is DealDefi, can you explain a simple definition?@JoshCEO

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Mr. Joshua:
Scalable Heterogeneous Blockchain for Lending/Borrowing & Market Place Decentralized Finance.

IDCRYPTO: 2. Does DealDefi have its own token, what is the ticker and where is your token  allocation?

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Mr. Joshua:
Yes we have, DealDefi Token.

  • Total Supply is 50,000,000 DDFI Tokens
  • All Tokens are locked until 2nd Nov when presale starts
  • 8,000,000 Tokens will be available for Presale. After Presale the remaining tokens will be burned
  • 1,000,000 Team Tokens are already locked for 6 months counting from end of Presale
  • 1,000,000 Marketing Tokens already locked for 4 months counting from end of Presale
  • 40,000,000 Staking and Rewards Tokens are locked and will be unlocked when staking is about to start

IDCRYPTO: 3. What benefits can we get if we hold a DealDefi Token?@JoshCEO

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Mr. Joshua:

1.It has value. The DDFI token will keep growing from the initial value as the DealDefi   Network gets adopted.   
2. Users can stake DDFI & and get rewarded in DDFI or other tokens.   
3. The DealDefi Platform offers yield farming where users can supply liquidity and earn rewards from transactions.

IDCRYPTO: So we can stake DDFI now sir ?? or not yet start ?

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Mr. Joshua:
After Presale.The next thing will be to stake DDFI.All the DDFI tokens are currently locked

IDCRYPTO: 4. Can you explain the vision and mission of project DealDefi, of course if we make a project there will definitely be a certain point that will be achieved?

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Mr. Joshua:
Vision: Provide users with accessible decentralized finance that suits their needs and is cost effective.Mission: Transparency & effectiveness in decentralized finance.

IDCRYPTO: 5. Can you explain the advantages of DealDefi, What makes you different from other platforms?

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Mr. Joshua:

1: Some transactions are free. The rest have minimal fees as compared to other networks.     
2: A governance model that gives users voice in the project.     
3: Privacy is default.     
4. Staking and yield farming is free

IDCRYPTO: Cool sir, rarely do we find a system like yours, free transactions

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Mr. Joshua:
Absoultely.This is a game changer! Thanks for the compliment!

IDCRYPTO: Why did you make it free, is it nothing to lose to you sir?

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Mr. Joshua:
There is nothing to lose sir.We made it free so that users can enjoy their profits without them incurring unnecessary expenses!

IDCRYPTO: Okay sir, let’s move to second session. are you ready sir ? @JoshCEO

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Mr. Joshua:Yes sir.Let’s go on! I’m ready

SESSION 2 FORWARD BEST QUESTION
IDCRYPTO: 1. From @elang_import What’s your short/long term strategy to get liquidity and drive adoption? and What security features does Dealdefi implement to prevent coin theft by bugs in smartcontracts?

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Mr. Joshua:
Yield farming will provide liquidity. We have a marketing strategy that will bring DealDefi network to potential adopters such as banks and third party developers. DealDefi has multi-signature security.

IDCRYPTO: 2. From @semogaberkahXD When talking about DeFi space, people think about specific terms such as lending, derivative, stablecoin, user’s credit score and smart contract-based asset  management right away. Which specific DeFi product is $DDFI offering or are you  offering all of them?@JoshCEO

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Mr. Joshua:
Lending, derivative, user’s credit score and smart contract-based asset management is what DealDefi is offering.

IDCRYPTO: 3. From @andrasusin i saw on your website that DealDefi will launch its staking pool platform where  users can stake DDFI and receive reward in DDFI or other ERC20 tokens,  Can you explain your staking pool dividend distribution formula? What is the minimum staking amount of DDFI token to participate?@JoshCEO

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Mr. Joshua:
Contribution/Total Contribution multiplied by pool prize.      Minimum contribution: 100 DDFI

IDCRYPTO: 4. From @Radss99 Can you explain your Tokenomics? How much #DDFI will be locked? Do you have plans to integrated a deflationary model like BuyBack or Burnt mechanism to make investors interest?

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Mr. Joshua:

  • Total Supply is 50,000,000 DDFI Tokens
  • All Tokens are locked until 2nd Nov when presale starts
  • 8,000,000 Tokens will be available for Presale. After Presale the remaining tokens will be burned
  • 1,000,000 Team Tokens are already locked for 6 months counting from end of Presale
  • 1,000,000 Marketing Tokens already locked for 4 months counting from end of Presale
  • 40,000,000 Staking and Rewards Tokens are locked and will be unlocked when staking is about to start

IDCRYPTO: If the token available for staking reaches 40,000,000 the staking program will be stopped, sir?

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Mr. Joshua:
it will take time to reach that amount.Remember also staking will also be rewarded in form of other tokens.This will take forever

IDCRYPTO: 5. From @Ed2win1 What are the main role of your token in your ecosystem? Explain its Utilities & Real-Life use cases? and Why should i invest in your $DDFI coin for long term?

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Mr. Joshua:
DealDefi is the utility value in the DealDefi Network ecosystem. DealDefi Token DDFI is a store of value. Invest in DealDefi Token because it’s supply is little and its value will keep growing as adoption of DealDefi Network is realized.

SESSION 3 FREE ASKING
??₿itcoin??: I’m a developer, and I’m interested in contributing to DealDefi alongsides earning, Do you have any Bug Bounty to check for vulnerabilities ?

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Mr. Joshua:
Yes we have.The Developers community will participate in bug fixing and earn rewards in DDFI.Check its all in the Lite Paper

Makoto Kamikaze ? || JAVANESSE:Could you tell us a little about your greatest achievements last month, what are you working on right now? What are the main thoughts you want to convey through today’s AMA?

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Mr. Joshua:
Last month we were developing the Token and Presale smart contract. Right now we are wroking on Staking and the yiled firming bit of the project!Last month we were developing the Token and Presale smart contract.Right now we are wroking on Staking and the yiled firming bit of the project! Todays Ama was to enlighten the community what DealDefi Network is all about and hopefully convince then to invest in DealDefi Token

Jesus Freites: Q: DealDeFi claims to have a minimum or no cost in the transaction fees, but being supported by the Ethereum network, and with the high rates of this network, it does not affect your operations in any way? How do you find a solution to this?

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Mr. Joshua:
The Network is heterogenous.We bring in other network protocols that encourage low fee transactions

Eiaday: How many killer features of Your project that makes it ahead of its competitors? Could you tell us 2-3 features ?

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Mr. Joshua:

1: Some transactions are free. The rest have minimal fees as compared to other networks.     
2: A governance model that gives users voice in the project.     
3: Privacy is default.     
4. Staking and yield farming is free

Limits~Arya:What are the benefits as a Liquidity Provider when we participate in it? And can you explain us the Staking mechanism?

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Mr. Joshua:
Liquidity providers will earn rewards as percentages from every transaction carried out!

IDCRYPTO: Before I end, what would you like to tell to us, sir?

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Mr. Joshua:
Thanks for the opportunity to speak to your community members and finding time and giving us a chance in your platform.
I want to assure the community that DealDefi Network is the place to invest.

1. The Team is known and capable
2. Staking and Yield farming rewards on the platform.
3.The adoption of the network will keep pushing the value of the DealDefi Token all the time.
4.The community can trust our team to deliver to completion of this project and many other benefits! Once gain than you and community for hosting the DealDefi Network!

IDCRYPTO: Okay, I also thank you for spending time with us, I hope DealDefi will be more successful. good luck for DealDefi
Well… We declare AMA’s Series IDCrypto with DealDefi is Done. ????
Thanks to Mr. Joshua who gave us the time to share this knowledge, I hope we will understand more about DealDefi
Thank you to the participants who have attended this event to the end. the winners will be announced soon???
DON’T FORGET TO Join @DealDefiAnnouncementsJoin @DEALDEFI

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Mr. Joshua:Thank you so much sir!

MORE INFO ABOUT LEAFDEFI
Website : https://dealdefi.com/
Telegram Group : https://t.me/DealDefi
Telegram Channel : http://t.me/DealDefiAnnouncements
Medium : https://medium.com/@DealDefi
Github : https://github.com/DealDefi
Lite paper : https://twitter.com/DealDefi

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