AMA Recap 404 Daily Crypto with Frenchie

Hello 404 Daily Crypto Community

On the 20th of April, at 12:00 PM UTC (19:00 WIB). we just successfully hosted our 21st AMA with Frenchie. With our guest from Frenchie team:

• Frenchie Boss
• Davi Rodrigues

Many of you might have participated or many of not, So here we are up with the AMA transcript for those who missed the AMA session.

Introduction Questions Asked By 404 Daily Crypto Team

Can you introduce yourself to our community? What you did before crypto, and how you got into crypto?

~Frenchie Boss

Yes, we have a long history in cryptocurrency. We have a certain experience building decentralized apps in the Ethereum network. We’ve caught Crypto in 2015 when the marketcap was extremely small and we didn’t have tokens. We had to actually run nodes to run a network, these days is much easier for somebody to create its own economy.

The team behind it is @SpiryBTC and @developerdavi. We as a team CEO & CTO of a bigger movement in crypto, we love to deploy project honest way! Whenever we see injustice and unfairness. We jump aboard and make our own token based on the moment of the trend but with fair tokenomics.

We have a background since 2015 in Peer-2-Peer trading of Bitcoin and in the development of cryptocurrencies network. Most of us back then were Community Managers or developers. @developerdavi has participated in multiple hackathons and has a huge experience in automation and javascript coding. So because we are programmers by default, long before cryptocurrencies even be a “thing”, was natural for us to join and build in this ecosystem.

Q1. Can you briefly describe what is $FREN? We would like to know more about it and how it works?

~Davi Rodrigues

Well, there is a hype about dog-related coins now haha
We have inspired ourselves and felt like we needed a coin for our little Frenchie bulldog too.
And the DeFi community is something we love. So we had to bring the coin to them :)
It's basically a token running in the BSC network with a bit of math behind it.

Q2. How has the Experience and Background of your team been effective in the success of your project so far?

~Davi Rodrigues

We have a certain experience building decentralized apps in the Ethereum network. Even for real projects or just for fun and testing.

So we know how big is the community power and that helped us to bring to them a good gem and a big opportunity to create a healthy ecosystem to dog lovers.

Q3. Can you give an overview of $FREN Token tokenomics?
Will the design of the token rise and fall with the success of the platform,does it include any scarce paths,such as equity, storage or burning?

~Davi Rodrigues

Tokenomics of $FREN are made in a way that the majority of tokens will be in the community hands.

We are planning to deploy a governance contract or maybe just using a governance app so in heavy investments in marketing, we require community opinion.

The scarcity is starting the moment we burn 25% of the ENTIRE supply FOREVER. 5% per 500 TG users up to 2500 (25%). We locked liquidity in Pancakeswap and we plan much more. If the community picks up at our expectation levels, we will go for an upgraded version of $FREN.

Q4. Could you please provide some progress on your Roadmap and what results $FREN has achieved so far? And any sneak-peek into 2021 plans for $FREN?

~Davi Rodrigues

The first and most important progress achieved is of course the community reached. We have a big potential of building great stuff with the token, like NFTs, pets farming, partnerships with other dog-related coins, etc. We want to give holders stability and more features to our DeFi. For that we need more market cap and holders.

Basically, the next steps are to upgrade our ecosystem to more than just a token. And we are working hard for it! :D

Q5. What is the plan $FREN to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year?

~Frenchie Boss

To ensure sufficient liquidity on exchange to fill the market orders and high demand. We are asses the fact that we will probably need to cut 5% of DEV funds and 5% of Marketing funds and move them into liquidity pools, farming pools such as Syrup Pools. We contacted PancakeSwap for such a pool. We also want ourselves whitelisted on 1inch exchange which requires a minimum of 20.000$ liquidity offered. So a 10% supply should be MORE than enough to spread ourselves more and provide enough liquidity. We also locked our initial liquidity with 10.5 BNB + 25% of ENTIRE $FREN SUPPLY. The links can be found in our group with the DXLock.

Questions asked by our 404 Daily Crypto community members during live Session to Frenchie team

Q1 From Telegram username @abotsford

I think it is very important that you form a telegram team or add language to the website to solve language problems in other countries? do you have any plans for this?

~Davi Rodrigues

Yes, it’s true.

We have experience building multi-language apps. As soon as we are adding more features to our website we will also bring that as a priority. We want everyone to be able to know who we are :)

Initially, we will translate it to Portuguese and Spanish as well as we already know these languages. Then we will ask for help to bring more languages and more accessibility to the community!

Q2 From Telegram username @etrantow

I am still new to crypto why I invest my hard-earned money in your project when I am seeing that many people lost money due to rug pull done by various projects like sushi, what unique feature you are offering me which going to protect my money and prevent this rug pulls?

~Frenchie Boss

We’ve locked a lot of our funds for terms between 5–10, that funds are Development & Marketing in order to prevent any misbehave, rogue moderators, or new staff members. We locked liquidity of 10.5 BNB Of our own money + 25% of supply for an ENTIRE YEAR. Which we are not planning to rug pull we plan to make it stronger by that we will re-assess the situation in 1 year and we will see if any other better alternatives then PancakeSwap exists in which the liquidity will suit better and with better Technology like 1Inch’s AMM in which we also plan to lock it FOREVER. We do not want to RUG PULL the liquidity either the INITIAL SUPPLY. We are satisfied with our % in Development and Marketing funds. We believe we can manage that very well.

You can find on our telegram groups the DXLock links and the Vesting Periods for Development & Marketing funds.

Q3 From Telegram username @Michaeng124

When a user has a token $FREN What are the uses and advantages of $FREN token? can users staking, farm, and LP like most other tokens?

~Davi Rodrigues

Currently, there’s no staking feature in our ecosystem. You can add liquidity to PancakeSwap and earn from transaction fees. We want to bring more cool stuff like that to the next releases. Think about staking your $FREN and earning little Frenchies NFTs back, wouldn’t it be awesome?

We are still thinking about the next features but we already have these “must-have” things in our roadmap. The token is less than a week older and the community is just increasing hour after hour, so you can expect a lot of features coming for the next few days! :D

Q4 From Telegram username @cob_ba_ba

Do you also provide a platform for STAKING or Farming? To add profit to $FREN token holders?

~Frenchie Boss

We are in talks with Pancake Swap for a Syrup Pool. If they aren’t going to reply to us. We know the right direction to go. We will speak with Natalia from 1inch, get ourselves whitelisted, provide the required liquidity of 20.000$ and create a 1inch Farming Pool. In time as the community gets wider and bigger, we will expand. We will adhere to as many AMM’s and DEXs platforms.

Q5 From Telegram username @kankan_xc

What was the biggest milestone your project has? What is a plan for the future? Please can you share about your partnerships for success? How can your project be successful so quickly?

~Frenchie Boss

The first initial milestone for us is 2500 Telegram Users and a total burn supply of 25% in the process. We have a partnership that will roll on this week with Bogged FInance, they have announced new tools on their platform and because of an incident of ghosting us for 2 days after we paid for advertising, they agree to offer us a PRIME SPOT on their platform to advertise. We want also to partner with any other DeFi projects that believe in our goal of RUG FREE COMMUNITY TOKEN. Our project will remain successful for a very long time due to the nature of the team, basically, we aren’t looking for a quick buck. We love to show off our talent and help out people. I think this is the perfect recipe for a successful community.

Q6 From Telegram username @chumipa

What can we expect to see from this project in the short-term (at some point in 2021) and beyond (long-term goals)? Are you a global project or a local project? Can anybody anywhere use Your project without any restrictions?

~Davi Rodrigues

In short term we are already giving the community great profits, we are far beyond where we started. The charts look sexy and we are working to keep it that way.

For long term goals we want to create a complete ecosystem around our little Frenchie and be more than just a meme, we can be useful somehow for the community, We want to be remembered :)

Yes, anyone in the world with access to the internet can use our project. Just need to access:

Frenchie Token

We will also work on tutorials/guides for people without a crypto/blockchain background. We know that it isn’t too easy for someone to understand how PancakeSwap works at the first look and we want it to be as easier as possible!

Q7 From Telegram username @pandu703

Many Project talks only about their Strengths, Can You talk about the weak point that You project is Currently Dealing With?

~Frenchie Boss

Yes, please, we do want to talk about that. I was actually personally thinking to make a list of all groups that abused us. We had a lot of groups that promised high-quality promotions, honesty, and fairness. This is our current roadblock right now. Honesty. A lot of promoters, groups ask us a lot of money for very little which can drain our marketing fund without even noticing. So we gotta be careful with that. That is our current weakness and probably many projects have hit that roadblock.

Q8 From Telegram username @Nolucki

Transparency is the key. Tell us to describe your team members. How many team members do you have and how many developers are working for you?

~Davi Rodrigues

We know that! Transparency is a thing that is missing a lot in the crypto community. We are tired of people being scammed. We hate that.

The core developers team is from Spiry Capital. We have currently 4 people working in the research & development area. We expect to grow that number not just as a company but also as a community, As soon as we finish the basic features we will open-source everything and every help from any developer in the world will be highly appreciated! We love the open-source community and we don’t have doubts about its potential.

We can know a bit more about the company at:

Spiry Capital

Q9 From Telegram username @FrancesBridges29280

Binance smart Chain blockchain is having high transaction speed and cheap gas fees, Are you planning to launch your mainnet or switch to other blockchains in the future?

~Frenchie Boss

If the project exceeds its expectation ( 50M$ — 100M$ marketcap) we might consider throw ourselves a nice network mainnet. I think people would love a DOGE alternative that has higher speed and bigger capabilities (BSC, TRX, ETH-like). I don’t see it as impossible in the future. We’ve done it before, we have experience in launching mainnets because of our 2015 experience. We had experimented back then with Bitcoin core code and forked multiple coins (Franko Coin(scrypt coin), Expanse (eth fork)) so we do have our know-to-how. Is not impossible, we just need a big community.

Q10 From Telegram username @Bullkq

At this moment, which one the most Necessary for your project:

1. Investors
2. Community
3. Market/Exchange

and why?

~Davi Rodrigues

Community, of course.

Obviously, money is an important thing as we need to grow as market cap, etc.

But it's the community that makes everything happen, especially at this moment. We need people that believe in us. The crypto community can actually make the token go 0 to 10000x, but also the inverse. We are moved by it. We want people to be reached and like our project. We want to read more motivating messages about the token.

We want more Frenchie puppies GIFs being sent in the chat haha :)

Closing words from our guest to 404 Daily Crypto Community

Yes, the community is amazing! Thanks to all 404 Daily Crypto users, you guys are amazing as a group, so many questions left unanswered and we feel bad! Thus we might do another AMA soon! Thank you for your warm welcoming AMA Session!

We are still WOW’ed by the number of questions.

Here are some important links of Frenchie

WEBSITE: https://frenchie.tech
TWITTER: https://twitter.com/FrenchieToken
TELEGRAM GROUP: http://t.me/FrenchieToken
SMARTCONTRACT: https://bscscan.com/token/0x13958e1eb63dfb8540eaf6ed7dcbbc1a60fd52af