“The First Decentralized Digital Assets Fund using Smart Contract’s built on Blockchain Technology”
Andrew (BSC.News)
Hello everyone and welcome to the AMA with Koinomo Finance!
Today we have SpacePunk from Koinomo joining us. Pleasure to have you here
SpacePunk
Hello everyone, my pleasure to introduce myself and @koinomo to you guys
Andrew (BSC.News)
Great, So how this will work is, the AMA will consist of two rounds. The first round will be us going through the questions that I had prepared for you before hand. And then the second round will be a community round where I will open up the room to allow questions to come in. The second round is also where we will select the two winners of our giveaway
Sound good with you?
SpacePunk
Yes that’s great Andrew 👍
Andrew (BSC.News)
Great, so to get things started…
1. Please introduce yourself and the team behind Koinomo.
SpacePunk
Hi Guys, this is the Koinomo Team and I’m the project analyst. Great to introduce our team to you guys.
Andrew (BSC.News)
Nice! Thank you for that
SpacePunk
My pleasure!
Andrew (BSC.News)
Okay cool, so let’s talk about what Koinomo is trying to accomplish
3. What inherent problem are you trying to solve with your decentralized asset management platform?
SpacePunk
What is the goal/mission of KOINOMO?
We aim to have the most effective and efficient Crypto fund so that our investors have the best experience all in one place. Our network and experience brings a service par none making you and your finances ahead of the crowd in the financial industry and thus in the world.
What problem is Koinomo trying to solve
The main ways to increase the
value of your Crypto holdings is through
trading, which is something that requires
time, patience, and a lot of experience.
However, given the new and volatile
nature of the cryptocurrency industry,
many crypto investors lack the necessary
resources to conduct proper research on
the burgeoning digital asset. Our fund
was developed to solve this very problem;
simply invest your crypto holdings into our fund and we will professionally invest and trade your capital among various assets.
The fund is constantly managed by our expert team of traders and our trading strategies are continuously being researched and implemented so as to provide investors with the best
possible return on their capital.
Andrew (BSC.News)
Right, and a big issue in the traditional financial system is a lack on transparency
So with that in mind
4. Why do you feel as though blockchain was necessary for Koinomo?
SpacePunk
Why blockchain important for Koinomo
Blockchain brings trust to a transactional system.
If you look at the reason why Bitcoin was created, there is one word that can describe it better than anything else, i.e., Transparency.
Bitcoin was created to overcome the mistrust and non-transparency of financial institutions.
The same goes with KOINOMO.
We at KOINOMO beleive blockchain is the perfect technology for our platform as it will bring trust , transperancy, multiple processing speed and much needed security in our platform.
At Koinomo, we aim at giving our best and ensuring we provide a safe and secure eco-system for our community and all investors.
Andrew (BSC.News)
Of course, transparency and security in blockchain and DeFi as a whole is especially important and I am glad that this is a huge focus for you guys
5. What are the benefits of Koinomo and why should users utilize your platform?
SpacePunk
What are Benefits of Koinomo
Koinomo allows its investors to prove their identity without providing any personal details. Their person identity remains safe by using pseudonyms.
Some of the benefits are
1. Decentralized Bitcoin Wallet
2. Daily earnings on your portfolio with Koinomo
3. Full Protective Security on your Funds
4. One click withdraw on investment portfolio
5. Zero withdrawal Fees/ No hidden Fees
6. 24/7 Online Support:
we will be providing a round the clock Live Chat on our website & Telegram community
Andrew (BSC.News)
Wow super interesting
and in order to access these benefits, do users need to pay extra?
SpacePunk
No it’s free, all you need to do is create a wallet on Koinomo and deposit your crypto assets in which you desire to stake into our Crypto Fund.
Why should Users should utilize our platform ?
Koinomo aims at revolutionizing we earn in crypto with our ecosystem.
Andrew (BSC.News)
Nice! Thanks for answering that multi part question
Great answers for each
6. What is $KMO and how is it used on your platform? Please give us the tokenomics as well.
SpacePunk
My pleasure!
What is $KMO
$KMO is non-mintable & utility token that will powers most activities in our ecosystem.
Our token has a Minimal total supply and Ownership renounced.
Contract is Audited by solidity finance and our Team KYC’ed by Solidproof
How is KMO used in our ecosystem?
Investments in our platform are in Crypto ( Bitcoin) and also $KMO can be used to invest in the fund as well
Benefits of using $KMO will be more profit sharing ratio of 9:1 on profits, compared to BTC profit sharing ratio of 8:2 on profits made by Koinomo.
Also KMO users in our fund will receives free KMO airdrops and incentives.
Andrew (BSC.News)
Okay great, so while we will touch back on the profit sharing ratios
My next question is
7. How can you ensure that users do not take any significant losses that may seem as though they may never get their money back?
SpacePunk
In our ecosystem, 50% Investors fund are stored in a cold storage while the other 50% are using in our trading activities and we have a strict risk management policy governing our team of traders.
Koinomo Tokenomics
Total supply – 10,000,000
Symbol: KMO
Decimal: 8
Andrew (BSC.News)
Are the 10% of team tokens locked?
SpacePunk
Andrew (BSC.News)
Are the 10% of team tokens locked?
SpacePunk
4,500,000 $KMO tokens has been locked on Unicrypt & 2.7M has been burned
Andrew (BSC.News)
Great, thanks for that info!
So moving on
8. Can you tell us more about your profit sharing ratios?
SpacePunk
A fund that charges flat fees does not believe in their fund and thus KOINOMO does not charge any flat fees, apart from a 20% profit fee.
In other words, we only make money if you profit from your investment; we are financially incentivized to deliver returns on your capital.
All profits will be split at a ratio of 2:8 in that KOINOMO takes 20% and the investor
takes 80%. Your account balance gets recalculated and updated every 24 hours. After 24 hours, if your account has made a profit, it will be split via the profit ratio of 2:8 (20%) to us and 80% to you).
Only Koinomo Token Holders enjoy the benefit of 9:1 profit sharing ratio.
Andrew (BSC.News)
Oh I see, so that enforces that idea that us making money, makes you money
So in turn we all want to win
Gotcha
And last but not least
9. Any exciting news you would like to announce here today?
SpacePunk
We have Big announcements coming soon to our community this new week and also we just launched on Pancake swap on Monday and we are excited on our upcoming CEX listing and also CoinMarketCap & CoinGecko listings as wells.
You can Buy KMO on Pancake Swap🥞
Andrew (BSC.News)
Awesome! Got to be on the look out for that
Would you be able to provide us with links to your social media accounts that you would like the community to follow?
SpacePunk
Yes of course,
You can join us on all our media outlet below
Andrew (BSC.News)
Great, thank you. Make sure to go and check out Koinomo Finances everyone!This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Source : bsc.news
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