August 10-th held an Ask Me Anything session at ICO Speaks telegram chat. From the ConFluence side there was:
Hi guys, I’m the CEO of Coinfluence, a guy who experienced top management in manufacturing, electronics, and development for the last decade and chose to be a blockchain and AI entrepreneur in his late 20s. Love pets and Musk and read all of John Maxwell and Tony Robbins’s books. I’ve been in technology for the past 20 years. Started in consumer electronics. Then as an entrepreneur and founder in the AI, IoT space. A few years ago I started exploring projects in crypto. I’m the CTO for the Coinfluence Project.
Let’s get started! Q: What is Coinfluence?
A: We are a launchpad for awesome blockchain projects. We are a community-driven project that uses influencers to get the needed attention to the crypto space. Q: How is Coinfluence different than other ICO?
A: There have been many bad actors in the ICO market. We are being different by encouraging transparency and keeping communication open with our token holders.
For example. Our You Tube Channel: https://www.youtube.com/channel/UC76ScHaFejvpY_K6ZKBTvrg Q: Where can we find more about Coinfluence?
A: coinfluence.org and on our social channels including right here in Telegram at https://t.me/coinfluence
Q: What is your approach when it comes to rewarding your community? A: So, we’re giving away a Macbook Pro M1 almost daily, have the best affiliate campaign – get 20% bonus for every person who registers and invests using the unique link and of course many more to come
Q: You updated the Smart Contract, what new features did you add?
A: We updated for a few reasons. 1. there were a few issues with the previous contract that we had to fix.
2. we implemented the 10% trading tax system.
addressed some issue with the Certek audit.
The new Smart Contract has faster transactions, smarter functionality, and better security features than the last one though.
Q: What is the strongest side of Coinfluence?
A: Transparency Community We said it earlier but we can’t emphasize that enough. Team and developing as we go. We have to be transparent for the community. Otherwise the community won’t believe in what we are doing. Yes, and we are constantly developing into something better. In turn, they won’t promote. Q: How do you plan on reaching 100.000 influencers by the end of the ICO?
A: The 100,000 influencers is a target for early next year. Being good at what we do, getting the word out there, creating awareness with the help of our community and strategic partnerships. However, we want as many as possible in the first 100 phases over the next 98 days.
I consider the influencers to be the active users on the platform. Ones who are driving the growth of projects being promoted. If you have a group of people who trust you and trusts your decision you can always influence them with self example.
Q: Do you think you can reach 100 phases until November?
A: Absolutely!
It will come a time when 1-2 phases can end in a day. It just comes to building the needed community around the project. Marketing, AMAs, and celebs will drive new users. Contests etc . will help drive new token holders. Token holders will see the utility in the platform as we proceed with development. Maybe we’ll sell out early. The rate people invest in Coinfluence tripled in the last weeks, so we’re on the right path
Q: What did you do for early investors when you updated the Smart Contract?
A: Got them +20% in bonus tokens. Q: What’s the usecase of this project and why people would need this? A: Utility token for discovering upcoming blockchain projects and staking on their success.
Q: All projects are geared towards the development of the community, because the community is the key to the strong development of the project. So do you have a global ambassador program or referral rewards system or bonuses for newcomers to your community? A: Yes. We have an affiliate program with a 20% referral bonus.
Q: Do you have local communities for the them to let them better understand about your project? A: As we grow we will add resources for other languages.
Q: Regulation is very important. Many projects are closed in many countries due to improper use of regulations and permits. To go global, how does your team address these issues? A: We know the importance of regulations this is why we encouraged people to participate only if they are legally allowed to do that. We didn’t ban any country because we think Coinfluence should be accessible to everyone and this is how it’s going to be forever.
Q: how can such an nft get into your collection, for this you need to fulfill some specific conditions? Can we see a few of the nfts from your collection? A: NFTs might be a future feature for the platform. A marketplace for both blockchain projects and NFTs.
Q: Token burn is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does your great project have a plan about token burn? A: We have a fixed cap for the ICO. If we do not reach the 100 phases we will release 10% on DEXs and burn the balance.
Q: Is it not it will be the wrong decision to launch the project in this bear market? Every coin going down whether good or bad. How do you see this? A: We knew from the start it’s going to be difficult but at the end of the day if you really believe in your project it doesn’t matter when you launch it. We are doing the best we can, and are always ready to go the extra mile, and that worked good for us so far. So instead of seeing it as a weakness we transformed it into a strength, because as you said many projects are going under, so isn’t it the best time to shine?
Q: Is this your project only for prime investors, how about others with small funds, is it open to everyone?
A: Our project is open to everyone, the minimum buy in is $35, so we made sure anyone can participate. Thanks for the question.
Q: From where we can buy your tokens right now?? A: Buy it here : https://buy.coinfluence.org/ Q: Are you working to AUDIT YOUR PROJECT to make it more secure and reliable?
A:Yes, we were audited by CertiK
ICOSpeaks hosted an AMA Session with the CoinFluence Team. That’s all for today.
