Feed Token AMA Transcript

Feed is a charity project based on blockchain. FEED the World. Join us. Be an Agent of Change.

All questions answered by Sebastian

Lola(AMA HOST): So I have the team member of Feed Token in the House?

Sebastian: Hello Lola!

I am here

Lola(AMA HOST): Hi!

How are you?

Sebastian: Fine, thanks. Happy to be here

Lola(AMA HOST): Glad to have you too 😊 The first session is starting now. Hope you’re ready.

Sebastian: Let’s do it

Lola(AMA HOST): Great!

Q1. Can you give us a general introduction of you and Feed Token? Could you tell us your role in the project?

Sebastian: I am Sebastian, from Argentina. I am 40 years old and one of the founders of FEED Token. FEED is a charity project based on the Binance Smart Chain network, committed to work with organizations around the world to help people in n need.

Our mission is to reduce hunger, improve nutrition and help avoid food waste. At the beginning, donating to those who need it most and eventually financing projects that help find a solution, fighting the problem from its cause.

Lola(AMA HOST): Wow! Great. Your mission is really a good one. It’s a Life saving mission.

Sebastian: Yes, and more at this moment, with COVID hitting hard on poor countries

Lola(AMA HOST): Yes you’re right

Q2. How many team members do you have working with you? And can you also tell us their roles?

Sebastian: Our team is composed by the three founders, Martin, Christian and myself. Then there’s Piyush, our chief programmer; Rene, our web designer; Diego, the one who takes care of graphic design and videos; Iara, our community manager and Natalia, she takes care of partnerships. There are also our main chat mods, Nai and Bruno. And Paul, who takes care of donations.

The team is growing every day, and we are receiving lot of help from members of our community.

Lola(AMA HOST): That’s good.

Q3. Feed Token mission is to reduce hunger and improve nutrition. Is there a specific area or region you wanna focus on or the whole world? And can you tell us how you intend to accomplish this?

Sebastian: Our plan is to focus on the whole world, but we’re starting by helping the countries that need it the most.

Our goal is to make FEED known worldwide. Make partnerships with recognized organizations against hunger and be present fighting hunger with them every day.

Natalia, our partnership manager, worked and works in multinational companies doing that, Alliances and Partnerships. She is only focused on this. And Paul is in contact every day with smaller organizations to schedule the donations.

Q4. Can you tell the Community about how Feed Token works generally?

Sebastian: FEED allocated 5% of its total supply in an exclusive wallet for donations. 10% of the tokens in that charity wallet will be donated each month to the foundations that the team and the community select.

Donations can be done in 2,3 or 4 times per month. We already made our first donation on May 3th to a charity foundation in Venezuela. Video

Q5. What are the benefits or Reward in Feed Token?

Sebastian: As long as you have FEED Token in your wallet, you will receive a 3% reflection share of the fee charged for each trade. The amount of FEED tokens in your wallet will increase every day.

Lola(AMA HOST): Does that mean, anytime ? Or there’s a specific period one can get in?

Sebastian: From the first moment that you invest in FEED and you hold your FEED tokens, you start receiving that 3% reflection.

Q6. How many Partners do you have? And what do you expect from them?

Sebastian: From day 0 we have been in contact with different organizations against hunger. Today we received the good news from our legal firm that we are already an official legal entity.

So now we can partner with any charity. To do this, we have to show the real world that we are a real and serious project. And to work hard to develop daily contact with them. Time in the real world moves slower than time in the crypto world 😊 But we are working on it.

Q7. How is the transaction fees in Feed?Token?

Sebastian: FEED has a 5% fee in every transaction. The 3% that is distributed to every holder that I told you about before, and 2% goes directly to the liquidity pool locked forever, this increase the price floor of FEED organically.

Lola(AMA HOST): Yeah. Okay that’s good.

Q8. Can you share with our community the plans you and your project have for this year and the coming years?

Sebastian: We have finished the first quarter of our roadmap and are working on the second quarter. We founded FEED Token as a long-term project, with a high commitment from initial sponsors, team members, and now our community.

We will continue to donate to charities. We are launching our merchandise store (everyone asks for our FEED t-shirts 😁). We are waiting for the CMC listing

After these initial milestones, we will start work in the third quarter (CEX exchanges, partnerships, announcements in major media)

And in the fourth quarter our goal is for FEED to fund research and development of anti-hunger projects.

Q9. What are the major challenges in Feed Token and how do you intend to solve them?

Sebastian: One of the main challenges we faced was showing our community that we are a serious project and that investing in FEED would be safe. That’s why at first we made two custom contracts, one for our token and the other one to vest our wallets. You can check the vesting schedules on our website, it goes from 3 months to 10 months. We did this to show everyone that we are committed to this project long term. After that we audited our contract two times before launch, first with TechRate and then with Solidity Finance. Lastly, after our launch, we renounced ownership of the contract.

Another challenge we face is the difficulty of buying FEED for those who are not involved in the crypto world. We think FEED has an excellent cause for which people might be interested in entering this world. We will create support channels that people without experience will be able to contact to be guided on how to buy FEED.

Q10. Share with us all the links about Feed Token, so that readers can find out more and also follow the development of the project.

Sebastian:

Website:

Telegram group:

Discord:

Twitter:

Instagram:

YouTube:

Facebook:

Q11. Lastly our favourite question, do you have any alpha or juicy news for us in BSC News today?

Sebastian: Besides the partnerships that we are working in, we are in contact with worldwide known athletes from Argentina and in the upcoming days/weeks we will donate to their charity foundations. This will give FEED a lot of exposure and help us attract a lot of new investors and people interested in helping our cause.

Lola(AMA HOST): That’s really impressive

Thanks for your answers.

Sebastian: You are welcome Lola. Thanks to you

Source : bsc.news

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