LBank AMA Recap with FIDLE

On 25th July, LBank held an AMA with the FIDLE team in the Lbank official telegram group, ones who missed the session can see the recap of the AMA here below and can read the transcript of the session again.

Introduction

Guest:

Alekz:

Hi, I represent Fidle Project as a Customer Relation officer, I’ll take my time to explain & answer all questions demanded for clarifications and understanding this project. Thank you

Prince Mingle:

Hello my name is Prince Mingle and I represent as the CTO of the Fidle project ,here for all your questions about the fidle project

Alekz:

Thank you for this Question @Biggiedip

Fidle is the NO CENSORSHIP platform of the world; totally decentralized and open.

Whereby Each post, comment, like or multimedia content has an equal opportunity on the Fidle network to be converted into an NFT(Non Fungible Token) and exchanged for Fidlecoin, seamlessly and in real time.

Section 1

1. Could you tell Lil a bit about your tokenomics? Are they inflationary or deflationary, fixed finite supply or flexible issuance? What are the incentives for investors and token holders and how do you see an increase in token value?

Guest:

Yes, Fidlecoin is inflationary and has a fixed finite total supply of 7,000,000.

To our Investors,

All of the Dev Teams and Leads at Fidle appreciate, and celebrate YOU for sticking around on this project up until now. It’s been a daunting yet exciting learning curve for the team, and we are working on a second phase of development to move the project forward in line with the road map, so that your experience on the app is worth your time and resources.

We trust that your experience on the app and web has been rewarding as well amid the anticipation.

As you aware, we had a successful launch on Google Playstore and Web. At the moment we have had a combined number of over 15K downloads on appstore and Web, and about 5K users worldwide in just a little over a month into operations.

We are also currently working to get Fidle Groups up and running, and also to bring the NFT feature up to speed in view of the feedback data we have gotten from our support. We are integrating and working on promoting the Fidlecoin token which will drive a massive paradigm shift towards Fidle platform and bring in a community of existing cryptocurrency users, traders and enthusiasts looking to adopt and use the token too. This is a need that has defied any simplified model until the Fidle approach.

Also, we have earmarked and strategized on key influencers, major events, podcasts, sports tournaments, and avenues through which we will promote the Fidle Project ads massively and extensively in the next few weeks in line with the road map.

2. Most of the questions people had during AMA asked about the strengths of project. So at this time, can we talk about your difficulties and challenges? What difficulties did you face in developing your project and how did you overcome them?

Guest:

Yes, the Difficulties and Challenges faced during the development was having a great pictures of our Use cases. We understand that on projects like this, especially on the social media platform aspect, its difficult to standout without a good and attractive use case, so it really took our team lots of time to generate ideas that the world needs like the easy features of minting Each post, comment, like or even multimedia content into NFTs and tracing it on the blockchain network

We had to go through samples, make surveys, and in the end, we figured out about the post-reward system which happens to be the first of many. e.g Earning for original contents you create. How does this happen? Its simple, once a user likes/react on your post, you earn. and its free, simple and this earnings comes in form of FIDLE POWER (FWP) which you can actually swap to Fidlecoin and send to an external wallets e.g Trust wallet

3. Are you planning to promote your project in countries/regions where English is not good? Do you have a local community for them to better understand your project??

Guest:

Yes, currently, We will be hosting a seminar in Mumbai, India on the 28 of August, and also spreading across Asian region, then Africa and Europe.

Our Local community is based here in Marseille, France

We’re building more communities to reachout to many counties as possible.

4. Have you been audited? Haven’t heard you talk about that fund safety is something every investor crave and plan to flee in the event of insecurity if funds, scams and rugs pull? How strong is your security built in?

Guest:

And Yes, we’ve been audited. Our app I totally safe and all transactions can traceable on the blockchain as my colleague said earlier, we had a successful audit by FRESHCOINS which can be accessed using the attached link for full analytics

https://github.com/freshcoins/Smart-Contract-Audits/blob/main/FidleCoin_0xc861534EFeb8a1c5DAf31F1c13c440a7f86984F1.pdf

5. Many projects are currently short of breath due to lack of experience and roadmaps. Can you list the outstanding characteristics of the project that make it different from its competitors? What competitive advantage does your platform have that you feel most confident about?

Guest:

Fidle is the official token of the Fidle network. It is a better and more efficient payment and reward alternative that is also money in a new way.

It is a digital token that is totally tradeable on global exchanges and can also be exchanged for digital and physical goods and services on the Fidle platform. Shareholders of social media platforms made billions of dollars from user-generated content.

The content creators? They made nothing. Fidle flips the model, and returns the value to the people who contribute the most.

Earning cryptocurrency as rewards for each contribution they

make. Fidle token can be stored in a digital wallet, traded, swapped, exchanged and fully decentralized.

Section 2

@Yuriko_Bland

Hello sir,

Do the token holders have right to the participate in the governance of the project? On what kind of decisions can they vote on about the project?

@princemingle @alekz_milordz

Guest:

Yes, As understood, Fidle Project aim at being totally Decentralized and our greatest assets is Our community, All ideas are welcome and can be considered if valid

@Ione_Alonso_76

We’re very interested in hearing more about your roadmap. What is coming up in the short term that is important for our community to know about?

Thanks

@princemingle @alekz_milordz

Guest:

All of the Dev Teams and Leads at Fidle appreciate, and celebrate YOU for sticking around on this project up until now. It’s been a daunting yet exciting learning curve for the team, and we are working on a second phase of development to move the project forward in line with the road map, so that your experience on the app is worth your time and resources.

We trust that your experience on the app and web has been rewarding as well amid the anticipation.

As you aware, we had a successful launch on Google Playstore and Web. At the moment we have had a combined number of over 15K downloads on appstore and Web, and about 5K users worldwide in just a little over a month into operations.

We are also currently working to get Fidle Groups up and running, and also to bring the NFT feature up to speed in view of the feedback data we have gotten from our support. We are integrating and working on promoting the Fidlecoin token which will drive a massive paradigm shift towards Fidle platform and bring in a community of existing cryptocurrency users, traders and enthusiasts looking to adopt and use the token too. This is a need that has defied any simplified model until the Fidle approach.

Also , we have earmarked and strategized on key influencers, major events, podcasts, sports tournaments, and avenues through which we will promote the Fidle Project ads massively and extensively in the next few weeks in line with the road map.

@Romeo_Matney_1997

What do you have?

1- Telegram Group

2- YouTube Channel

3- Medium

4- Discord

5- Twitter

6- Website

For this project, where can I get the latest information and what is the latest plan for your project? Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration?

@princemingle @alekz_milordz

Guest:

By creating a totally decentralized social network of communities built on blockchain technology, Fidlecoin provides a place where people or users can explore their interests, passion and hobbies and earn FIDLE token while connecting with loved ones, friends and families and also keeping them in control of their data.

Official Website: https://fidle.io

Telegram: https://t.me/fidleapp

Twitter: https://twitter.com/fidlecoin

Instagram: https://instagram.com/fidleapp

Facebook: https://facebook.com/fidleapp

To download FIDLE: https://play.google.com/store/apps/details?id=com.blockmay.fidle

@ShavonSelf1993

What are the attractive features in your project? What is the vision and goals in your project that you want to achieve in 2021 and beyond?

@princemingle @alekz_milordz

Guest:

Our goal is to create a totally decentralized social network

of communities built on Blockchain technology where

people or users can explore their interests, passion and

hobbies and earn Fidle token while connecting with loved

ones, friends and families and also keeping them in

control of their data.

These tokens earned can then be traded, for physical and

digital goods on the fidle platform.

@modesta_macon_1999

Do you have any ongoing or upcoming reward program events, please let us know in detail &do you have any ambassador program as well as your project? More communities hold events to attract more people. That is also the main thing to attract project investors

@princemingle @alekz_milordz

Guest

Yes, all this has been put in place.

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