Favoom x Crypto Challengers AMA Recap
Dear Crypto Challengers community,
đź“Ť Here is a recap of the AMA held with Favoom on 13th May 2023, a session where we got to know more about Favoom where the team answers the community questions from Telegram. The AMA session was divided into two parts consisting of Introduction and live segment with the prize Favoom tokens.
This was an AMA session with the Favoom team. The aim of this AMA session was to learn more about Favoom by collecting the questions from community and having the Favoom team answer them.
Below is the recap of the AMA session that took place on 7th May 2023. In the AMA, we had SJ, COO at Favoom. Let’s see what was discussed.
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Part 1 — Introduction and questions from the host
Could you Guys please provide a quick self-introduction for the community?
Hi i am SJ
COO of Favoom
@favoomOfficial
https://twitter.com/favoomOfficial
Can you briefly introduce the project FAVOOM what are some of the utilities of $FAV? How do you think you stand out among the competitors if there are any?
I can see 1895 people in online. Don’t miss this AMA.
because Favoom is 10000Ă— project on this crypto space, You guys will know more about Favoom in this wonderful AMA section.
Favoom is new generation web3 decentralised social media platform that are built on blockchain technology.
we offer users greater control over their personal data and digital identities. Unlike traditional social media platforms like twitter and Facebook ,they are owned and operated by centralized entities.
Can you share the achievements the team has made so far ? what are the major achievement target FAVOOM is yet to achieve . If possible also share your roadmap.
Ya sure, I will share the roadmap of Favoom. That would be really interesting.
As per the roadmap, Favoom progress in excellent way.
Favoom started at Q4 2022, with well experienced team members in the crypto space & in social media networks âś…
We have plenty of plans for favoom. Each and every move is to kill the twitter and Facebook.
Favoom is totally different than other projects. Favoom is most needed social media for crypto space
As I mentioned earlier we started to develop our web3 social network at Q4 2022, after the development we just passed 100 days of time but we have gained 10K + verified users/holders on our social network.We seeing this as a big achievement at the moment.
$Fav is native token of Favoom.com
We have enabled dex wallet so using Our wallet users can buy/transfer digital & fait currencies anywhere in the world.
Could you share a bit about security and also what benefits you provide to incentives users choosing your platform?
Favoom is web3 decentralised social media. Twitter and Facebook still in web2.
Our security are advance with help of block chain technology. All data’s are encrypted into binary and stored in real time chain, so Favoom is fully secured 🔒.
True. Favoom is the future of web3 social media/network it’s in your hand.
Dear members sign up your web3 social account at https://Favoom.com
Those who miss will cry latter. Because Favoom as two earning mechanism
REFER TO EARN
WATCH TO EARN
Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution
It’s pleasure to share Favoom Tokenomics ❤️
We have given more importance on
Operations
Development
Marketing
Ecosystem & referral, w2e rewards.
Totally 36 month vesting, 6 month cliff.
FAV$ Total & Max supply is 1billion
Part 2 — Questions from Live segment from Telegram
I only see Ama conductions as promotion . But its not sufficient For a project . What type of other markting strategies are you looking currently ?
Without AMA how you will know about Favoom,yes we doing plenty of AMA on telegram evan on binance live🔥.
Favoom is social media project.
All top altcoins and meme tokens are in this big stage only because of social media support.
We will support all verified crypto project, so that favoom will make the partnership with 7k+ crypto projects.
At the moment Favoom is official partner of NULS, their market is on top 10 CEX including binance 🔥.
In the future Favoom is act as a crypto hub.
How do you plan to spread awareness about your project in different countries where English is not well spoken? How reliable is your project in the market ?
https://Favoom.com
Social is for World people. From United States to Japan
For clear understanding, we have added Multiple languages on our platform.
What is your main focus right now, are you focused on the community or market/Exchange or the products…????
As per the road map,We have plenty of plans. We will execute at the right time.
At the moment we crossed 10k+ verified users on favoom.com
On this year 2023 end we like to cross 100k users.
What are your targets for 2023? Will you enter the NFT industry in the future? Are you also thinking about adding an NFT to your portfolio?
Big YES!!! favoom as dex wallet function. We will enable the NFT market place on our wallet.
Where can i currently buy your token?
We moving as per the roadmap perfectly so that Favoom private sale is live.
Don’t miss this opportunity guys because you never see this price again.
Our private sale is live:
Buy link
Now you will get
50000 FAV$ /1 ETH
don’t miss our private sale because our presale at pinksale could be high and also we are going to raise the funds on multiple launchpad that could be more higher.
as per the roadmap goals we will cross 1$ soon.
About Favoom:
Favoom is new generation web3 decentralised social media platform that are built on blockchain technology.
