AMA RECAP : CRYPTO CHALLENGERS x CFL365. FINANCE
Venue : CRYPTO CHALLENGERS
Date :5 July 2021
Time : 03:00 PM UTC

Guest : Mr. Mohammad Abbas Kazami
He shared detailed information and his opinions about the project CFL365.FINANCE.

🔴 SEGMENT :1 INTRODUCTION.

1. Could you Guys please provide a quick self-introduction for the community?

Ans:Yeah, I am Mohammed Abbas Kazmi, the COO and Co-Founder of CFL365 Finance.
I am deeply passionate about Decentralized Finance and Blockchain Technology and believe that our world in the coming decade is going to be driven by Blockchain Technology and its various applications in the Decentralized Finance Ecosystem.
I have worked at Crypto APIs and as a part of an Incubator based out of Dubai and India, I have worked with more than 15+ CeFi, DeFi and NFT projects worldwide.

2.Can you briefly introduce the project CFL365.FINANCE what are some of utlities of $ ? How do you think you stand out among the competitors if there are any?

Ans:CFL365.Finance is Decentralized Virtual Marketplace for Stocks and Crypto Trading, where users will be able to participate in skill based trading contests by paying with $CFL tokens.

As compared to different projects around the world, CFL 365 Finance is quite unique in the way that we have been bringing together the Best Trading Elements from both the Legacy Finance and Crypto ecosystem.

CFL 365 Finance has some of the best use cases that currently no other DeFi projects offer along with its myriad of utilities such as:
– Game Mining
– Referral Mining
– Getting High Annual Percentage Yields for holding CFL Tokens in your wallet (without any lock in period*)
– Option to Convert CFL Tokens to exclusive NFTs via our Partner Platforms and regular intervals.
Hence we beileve that the CFL 365 Finance is in for the long haul and here to stay as a bridge between users of Traditional Finance and Crypto Finance.

We also have an Educational aspect on our CFL 365 Finance Platform through which users will be able to polish and upgrade their trading skills that they will further be able to apply in real time market conditions

3. Can you share the achievements the team has made so far ? what are the major achievement target CFL365.FINANCE is yet to achieve . If possible also share your roadmap.

Ans:For users convenience we have prepraed a detailed roadmap and have divided our Project’s developments into Quaterly Milestones:
- In this Quarter our goal is to launch the First Version of the Product and then do the IDO in a week’s proximity after launch!
- We have already closed 90% of pre public sale rounds have onboarded top VCs and advisors from the ecosystem.
- We would be launching the product on Binance Smart Chain and in the coming quarter we are also going to launch interoperability for multiple chains like Polygon (Matic), Polkadot etc.
- Additionally, we’d also be launching the native mobile applications for both Android and iOS by end of this year.
- We’d also be launching lottery system, where users on completing certain milestones on the platform would be unlocking some lotteries which would contain guaranteed rewards like tokens, NFTs etc.

4) Could you share a bit about security and also what benefits you provide to incentives user's choosing your platform?

Ans:Users are what constitute the lifeline of any project and their funds, security, and data privacy is of utmost priority for us.
Our dev team comprises of people who workes on Blockchain solutions for some of the top notch institutions in the world like JP Morgan Chase, IBM, EY etc.
In fact, we are taking every measure possible to ensure the safety so that there are no loopholes in our application and smart contracts and safe from any malicious attacks.
Additionally, we would be getting our smart contracts audited by the benchmark instituions from the blockchain space and would be testing our systems at regular intervals.

There are quite a few advantages of our project.
Once the Users enter the contests they would be getting virtual league balances which they could use to build their virtual portfolio (crypto and stocks) and depending on their portfolio gains and rankings they would be distributed with the rewards !
Furthermore, Users on the platform will be able to make at least 100x in every league they participate in!
And there’s no limit on number of leagues that a user can participate at any given point of time.
Additionally, users will also be getting an opportunity to wrap their tokens into NFTs.

5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution.

Ans:The Token Supply is going to be at 400 million tokens, with a certain allocation towards the Pre Sale for early stage investors.
We then have a portion for the Advisors and Public Sale along with Ecosystem and Rewards, Exchange Listings and Partnerships, Reserves for future product development and then finally the Team Allocation.

🟢 SEGMENT 3 TELEGRAM LIVE.

Q1-Bobby Broyles:
All project coins have their main Utilities & real-life usecase! So, Can you tell us what are the main role of your coin in your ecosystem? Explain it’s Utilities & Real-Life usecases? and Why should i invest in your coin for long term?

*Mohammed Abbas Kazmi:
A major portion of the Tokens is allocated to the Ecosystem and the distribution of Rewards to incentivize Users of our Platform!
CFL 365 Finance’s Token Utilities in general are as follows:
- Mining game
- Reference mining
- Get High APY for storing CFL Tokens in your wallet (without any lockin period *)
- Option to Convert CFL Tokens to NFTs exclusively through our Partner Platforms and periodically.

This utility is sure to attract and engage users on our platform in the long run.

Q2-Cosmo:
🍎 Due to the fact that CFL365 is a hybrid platform. Is there a strategy in place to bridge the gap between traditional markets and the DeFi ecosystem? Can investors with modest amounts of money start investing with CFL365?

*Mohammed Abbas Kazmi:
One of the main reasons for developing this project is to create a perfect platform for non-native cryptos where users can log into our platform and participate in our league which simulates real-time trading scenarios where users can win more than 50x * from their start. portfolio.

The platform aims to brush up on the skills of both newcomers and experienced traders to simulate their trading across different leagues on our platform

The users can start off with minimum amount right away by buying the CFL Tokens from the Dexes and the Centralized exchanges where it will be listed.

Q3-SI LAM:
I would like to know if you’ve completed any security audits? Perhaps by third-parties? We’ve seen dozens of hacks, exploits and stuff like that this year, What measures have been taken to protect CFL365 community from it?

*Mohammed Abbas Kazmi:
As mentioned previously, in the DeFi Ecosystem users are what is the lifeline of every project and their funds, security and data privacy is a top priority for us.
Our development team consists of people who have worked on Smart Contract / Blockchain solutions for some of the world’s leading institutions such as JP Morgan Chase, IBM, EY etc.
In fact, we take every possible step to ensure security so that there are no loopholes in our apps and smart contracts and are safe from any malicious attacks. In addition, we are geting our smart contracts audited by the benchmark agency of the blockchain space and will test our system periodically for any loop holes such as rugpulls, and other malicious features.

Q4-Jacob Zachariah:
Why did you choose Ethereum as the platform for your token? Ethereum, as we all know, has scalability concerns. Is there any intention of moving to another blockchain or mainnet?

*Mohammed Abbas Kazmi:
We will be launching a Decentralized Application (Dapp) on Binance Smart Chain which will be interoperable and blockchain agonistic as we will be creating bridges between different Blockchain protocols in subsequent quarters ahead like Matic (Layer 2 Ethereum Protocol) and Polkadot.

As Mentioned in our White Paper, our First launch would be in the form of a Webapp wherein users will be able to connect their W3 Wallet like Metamask and purchase our Tokens initially from PancakeSwap, Uniswap and other DEXs to participate in different leagues on our platform.

We subsequently will be launching Android and iOS version for our users in the coming quarters.

It was a pleasure being a part of this AMA session and interacting with such an amazing group of people.

Rest assured everyone, we are surely headed for the Moon !

For CFL 365 Finance’s Key Updates, we recommend you to follow us on our following social links:
Twitter — https://twitter.com/cfl365_finance
Telegram — https://t.me/cfl365finance , https://t.me/cfl365
LinkedIn — https://www.linkedin.com/company/cfl365-finance
Reddit — https://www.reddit.com/r/CFL365

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