Rewards Token AMA Transcript

REWARDS Token is a frictionless yield farming and a liquidity generation protocol

Andrew (BSC.News):

Hello everyone and welcome to another AMA!

Today we have an AMA with Rewards Token, joined by the Rewards Father 🙂

@Rewardsdev how are you doing today?

Rewards Father:

Im so pumped to be talking to you mate, I’m so excited to answer all your Questions

Andrew (BSC.News):

Hahaha that’s awesome

So how this will work is the AMA will consist of two rounds. The first round will be us going over the questions that I have collected. And in the second round I will open the room up to the community for them to ask their questions. From there you can pick 2 questions that you’d like to answer and they will be the winners of our giveaway

sound good with you?

Rewards Father:

Perfect 🤩

Andrew (BSC.News):

Okay let’s get into it

1. Please give an introduction to yourself and your team. What has influenced you to create Rewards token?

Rewards Father:

I am from Singapore i am full time Block-chain developer, i have worked with many of the Big Block-chain companies. Also I have a lot of great people in my team they are very dedicated towards the Project, I love them. To be Honest after seeing a lot of Scams in the BSC space i though why don’t we Create a token which is 100% Legit and also lets our Holders earn Stable Coins while they sleep, that’s how $Rewards started.

Andrew (BSC.News):

Gotcha

So this actually perfectly leads me into the next question

Rewards Father:

Yes sir

Andrew (BSC.News):

While you did notice the scams in the BSC space…

2. Was there an inherent problem within the DeFi space that you are trying to solve with your project?

And how does Rewards Token solve it?

Rewards Father:

In DeFi I see a lot of problems, I see a lot of people loosing there life savings in the hope of 100x, so we are creating some platforms which will Host IDOs and Presale of 100% Rug Free Legit Tokens. Also we are making a Platform Similar to Poocoin.app which will only advertise Legit Tokens. We are just trying to improve this space as much as we can.

Andrew (BSC.News):

And these platforms are separate to the platform you are already working on?

Rewards Father:

No this Kind of features will be in all platforms we develop, we don’t want any crypto investor lose there money in Rug-pull or scams

Andrew (BSC.News):

Gotcha, thank you for that clarification

3. Can you please give us an introduction into Rewards Token and tell us what your mission/vision is for Rewards Token?

Rewards Father:

$REWARDS is a frictionless yield farming and a liquidity generation protocol. Simply hold your $REWARDS tokens in your wallet and you will get more. In addition to this, you will earn $USDT Rewards Every hour automatically in your Wallet. 

Our mission is to give every person a Equal Chance to Earn passive income while not getting scammed.

Andrew (BSC.News):

Oh wow, so you don’t even need to stake your $REWARDS or have it locked as liquidity to earn USDT?

Rewards Father:

Yes it totally works on trade Volumes, when any holder Sells or buys we charge 8% Tax and those 8% is converted into USDT and Distributed among all our Holder as per there holdings

Andrew (BSC.News):

Okay that makes sense

So in theory, if the trading volume is massive, that would make for a pretty great investment!

Rewards Father:

Yes if we have a Trade Volume of 10 Million every Day , we will distribute 800k worth of USDT every single day to all our Holders.

And that to is distributed Every hour automatically

Andrew (BSC.News):

Understood, thanks for that clarification

4. What features are going to be implemented onto your platform?

Rewards Father:

In our platforms we will have a lot of New Features like 

1. Additional Farming Staking While earning USDT. 

2. Charts Swap platform 

3. Rug Checker ( Which will provide a Risk score to every code ) 

4. Bots Checker ( Will check how many Bots are aiming towards launch) 

5. Wallet Scanner ( Dev’s Wallet scanner where you can see previous projects of Dev) 

and much more

Andrew (BSC.News):

Very neat

and do these cost users a fee to be able to access or is this available to everyone?

Rewards Father, [Jul 31, 2021 at 8:22:25 AM]:

Some of them will be available to all and some of them will be Exclusive for $REWARDS Holders.

Rewards Father:

to Benefit to $Rewards Holders

Andrew (BSC.News):

Understood

And while we talk a lot about $REWARDS, I don’t think you ever got to properly introduce it

5. Can you tell me more about your native token? Please provide the tokenomics.

Rewards Father:

It’s a Great token which has Different tax models for each Buys and Sales : 

🟢BUY TAX 🟢

đź’˛ 8% goes to USDT Rewards

đź’˛ 4% goes to Liquidity Pool

đź”´SELL TAXđź”´

đź’˛ 8% goes to USDT Rewards

đź’˛ 4% goes to Liquidity Pool

💲 2% goes to Token Redistribution 

💲 1% is Automatically Burned 🔥 

 Talking about Tokenomics 

We have Great Tokenomics as follows :-  

18% – Public Presale  

6% – Private Presale 

28% – Liquidity  

3% – Marketing Wallet  

3% – Teams Wallet 

2% Airdrop Wallet 

5% – Platform Development  

14% – CEX & DEX Development  

2% – News Platform and Ticker App 

3% – NFT Market Place & Merch  Launch 

20%- Burned

Andrew (BSC.News):

6. What are the use cases for $REWARDS? How are users incentivized to hold their tokens aside from the usdt reward?

Rewards Father:

To be Simple :

People will be able to Earn USDT Rewards and Native tokens as well as they will Be able to use Premium Features of our Portals.

Andrew (BSC.News):

Understood, thanks for that clarification

7. Is Rewards Token audited? How do you plan on implementing a safe-to-use platform so that users do not need to worry about losing their funds?

Rewards Father:

Yes, $REWARDS is Audited by one of the Top most Audit company in whole crypto space. This was done before we even started marketing about it, 

we are highly dedicated towards safety and security of our Holders.

Andrew (BSC.News):

That is great to hear

And I am sure that the projects you partner with as well as the projects you list for IDOs and etc will be extensively vetted?

Rewards Father:

Yes, we will do all the due diligence of the project before even considering them eligible for IDO on our IDO Launchpad, 

They will need audit for our Certified audit firms as well

Also we will look into the Holdings of the team and Marketing Wallet. So they don’t Rug the project.

Andrew (BSC.News):

Wonderful

No worse feeling than getting rugged am I right

Rewards Father:

Yes I have personally lost a lot of money in BSC scam tokens

Andrew (BSC.News):

Same boat here haha

Rewards Father:

That’s the reason we need to unite and fight against scams and Rugs

Andrew (BSC.News):

Yeah it’s great! Glad to see projects starting to take initiative to clean up the space

Rewards Father:

If we don’t, this Scammers will kill our Beloved space.

Andrew (BSC.News):

And not just that but, I think that if we want big institutions to view DeFi the same way that we do and have them buy into it, this space has to clean up the scammers

Otherwise I think it will be hard for the defi space to grow as a whole

Rewards Father:

Exactly

So true

Andrew (BSC.News):

Anyways, moving on to a more light hearted topic haha

8. Can you tell us more about the Merch you are planning to release?

Rewards Father:

That’s a Great Topic Haha.

We have a lot of things planned for this, Everyone loves the monopoly man in our Logo, we will try to play around that design and will try to Spread Awareness about Scams Happening in Crypto world. Also we have the man “DAN FOLGER” in the Team he also has a lot of Ideas about it too.

Andrew (BSC.News):

Who’s Dan Folger?

Rewards Father:

Dan Folger is a Influencer, who has 250k Followers on Instagram as well as he is well know in the Music / Rappers space 

IG – @danfolger

Andrew (BSC.News):

Oh very cool!

So last but not least

9. Any exciting news you’d like to announce here today?

Rewards Father:

Yes that’s the Question Most have been Waiting for 

We will be Hosting a Whitelist Presale Starting Tomorrow 3PM UTC time 

For more further updates please join our Telegram @rewardsusdt

Andrew (BSC.News):

Awesome thank you!

So that does conclude the first round of the AMA

Can you please post a link to your social media accounts that you would like our community to follow?

Rewards Father:

Sure 

Website:

Twitter:

Instagram:

Telegram :

Andrew (BSC.News):

Okay great

Thank you again Rewards Father for joining us today, it was a pleasure learning about your project

Rewards Father:

It was my pleasure talking to you Andrew, I loved all your Questions. 

I will like to request all the Bsc.News members to come and check out $Rewards on TG : @rewardsusdt

 Also if you have any more questions please ask over Rewards group

Andrew (BSC.News):

Yes go check them out and make sure to give them a follow as well for the latest updates

Have a great day everyone 🙂

Rewards Father:

Same to you mate đź‘ŤThis 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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