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XT & FEMONY AMA Review - April 28 2022

Last updated on May 20, 2022 11:56
Posted By Fenomy

AMA Fenomy team on XT Channel today!

Nikolay and Alex (Fenomy Team) were answering real-time about Fenomy Ecosystem.


XT.com Team: Can you give our audience a brief introduction of Fenomy?

Fenomy Team: Fenomy is the decentralized ecosystem with its own blockchain, built on the principles of horizontal economy and relationship models between people in real life. 

Fenomy allows you to create tools to ensure personal and family safety in real life, especially in critical situations when there is a threat to life and well-being. 


XT.com Team: I have noticed that your project has got impressive ratings by some top crypto rating websites. How do you take these ratings?

Fenomy Team:  We are very pleased and pleasantly surprised to have such great support and feedback from day one. We are happy to see that people find value in our Ecosystem. We look forward to many other great achievements ahead of us, since we are just at the start line, basically.


XT.com Team: Can you introduce the core team members of Fenomy? We hear that the team is highly experienced, can we get some examples?

Fenomy Team:  The development of the project is carried by the community, as we are a decentralized project, and the community is constantly expanding. Now in 14 countries. It's hard to mention anyone specifically but I can say that all people involved are true specialists, and professionals. The average age of the team members is 45 years. There are developers in the team that have over 35 years of experience. Some have extensive experience in leading roles in serious projects in the financial and banking sector, blockchain-based systems, scientific projects, healthcare, security, sports, travel industry and social communications. The project belongs to the community.


XT.com Team: Can you give our community a brief introduction behind the inspiration to build Fenomy?

Fenomy Team:  As I mentioned, Fenomy is not a project that belongs to one person or organization, it is community driven, and anyone can become part of the community, and choosing a role in it. 

It is very crucial to understand the importance of such a project model, where motivation is the drive of the ecosystem, because the project solves many issues in real life and will benefit people around the world by bounding and creating the ‘circles of trust’.


XT.com Team: Of course. Then what do you think of the current state in the Crypto industry? To be specific, what do you think that needs to be improved?

Fenomy Team:  At the current time, Crypto is definitely still the new tech innovation that it’s still finding its way to adopt on a global scale. 

The crypto industry should go to the real-life sectors of the economy, solve the problems of ordinary people, improve life, and give advantages in all spheres of life. It’s lacking the connection to the real world I think.


XT.com Team: How does the Fenomy team plan to tackle these issues to reach mass adoption then?

Fenomy Team:  We work on creating tools which the average person needs and will utilize them on a daily bases, not just crypto investors. Fenomy is not a crypto project in the first place but uses its technology to implement it into the Ecosystem. Fenomy main objective is to improve life, contribute to the safety of people in real life, and stimulate business development. As the system develops, the possibilities of application in real life and, as a consequence, the circle of potential participants will increase. In addition, we rely not only on technology but also on the basic principles of human coexistence, the principles of organizing trusting relationships.


XT.com Team: What is your timeline, and what can we look forward to from Fenomy?

Fenomy Team: We are constantly developing and implementing new things, such as the original roadmap is being updated constantly, on our website you can find the original version that has milestones until 2024, the new roadmap will be updated in the upcoming weeks. There are major updates happening in the next months ahead, we are completely redesigning the artwork, branding in general, we have hired one of best design studios in Europe. We also will be starting the blockchain test on Mobile devices, so the new application update will have that implemented. There is a ERC20 version of the Token being launched in September of ’22. But you can find more detailed steps on the roadmap.


XT.com Team: Anything else do you want to share with our community?

Fenomy Team:  Sure, Fenomy community is expending daily and our system users grows fast, we invite you to join us on this journey as we expand around the world, be a part of a limitless ecosystem that connects people to create a trustworthy and secure network. Be a part of the change. Connect.

 

FREE Q&A BY THE COMMUNITY AND FENOMY.


Fenomy Team choose 10 questions from endless list of questions from community:


Community member: Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most Confident ABOut?

Fenomy Team:  We have more that 3 but here are best ones: 1. We are 100% confidential, no need to enter any name, email… 2. Our system builds circles of trust using algorithms, so we all can trust the connections we make. 3. Personal Blockchain that creates the security of our ecosystem internal transactions


Community member: I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate?

Fenomy Team:  The ambassador program is very important for our ecosystem, I would suggest you get in contact with @fenomy_support, or you can join our Voice/Video AMA tomorrow in our main group. We also have lots of info in our pinned messages.


Community member: A common problem is that nowadays most investors are only interested in initial profits and ignore long-term benefits! So can you give them some reasons why they should buy and hold your tokens in the long term?

Fenomy Team:  We are a long term hold project, we have been developing since 2020, way before we came into market. Our road map till 2024 initial and keeps developing daily. We are not just a crypto project, we have a product behind, a full ecosystem that will help people connect in the future, our tools will help people in real life.


Community member: Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Fenomy Team:  We don’t have any plans on burning any tokens, because we have a limited supply, our value will increase because of the users on our ecosystem.


Community member: NFTs is hot trending now. Do you have a plan to have NFTs in your platform? If so, can you tell us the plans of your project in NFTs?

Fenomy Team:  Yes, we agree, and we do have a limited amount that have unique functionality. And we will definitely add more into the ecosystem.


Community member: What are your upcoming plans for the community and as well with the ecosystem?

Fenomy Team:  For example: the new mobile update that will have the blockchain integrated, anyone from the community will have the opportunity to participate in the test run. And will be rewarded in FNM Coins. Same with many other tasks.


Community member: On your website you don't mention that you have done any internal or external audit of your smart contract, so can you give us details if you have done any audit before? And in case you haven't, would you plan to perform any review of your smart contract in the near future?

Fenomy Team:  We do have an Audit, and is from InterFI:


https://github.com/interfinetwork/smart-contract-audits/blob/audit-updates/Fenomy_0x1E226F8527D9F73048F4b660AF44D902d4508Bc2.pdf

GitHub

smart-contract-audits/Fenomy_0x1E226F8527D9F73048F4b660AF44D902d4508Bc2.pdf at a...

InterFi provides blockchain security and assessment services. In this repository, we'll upload audited smart contracts, and projects.


Community member: How does project increase the token's value, liquidity and utility, in order to increase its prices? What is your plan to make your project stable and provide the highest return for investors in the long term?

Fenomy Team:  As we mentioned, we are not just a crypto project, our ecosystem will allow developers to create tools for any industry, using our platform. The value is in the technology and the products and tools.


Community member: What is the biggest challenge you face currently in terms of becoming a successful project?

Fenomy Team:  We have a very complicated system and it takes time to go through the testing steps, so time would probably be the only challenge for us.


Community member: Do you allow suggestions and feedback from the community? Are we allowed in decision-making, do you put community into consideration?

Fenomy Team:  Yes, definitely, the project is made by the community. With suggestions and discussions. We are the project, we as a community.


XT.com Team: Our awesome AMA with Fenomy Team on XT.com is over, but we will still post answers for questions, what we found interesting. Follow us to get to know more about this incredible project!

Fenomy Team: Thank you all for all the questions, there is a lot of things to explain so if you have more questions join our Voice AMA in our main ENG group. Every Friday 20:00 UTC

Thank you for your support!

We are always happy to help you!

Fenomy Team


https://fenomy.com


Find us on:

Telegram: https://t.me/fenomy_en

Facebook: https://www.facebook.com/Fenomy1

Twitter: https://twitter.com/Fenomy1

Reddit: https://www.reddit.com/r/fenomy/

Weibo: https://weibo.com/fenomy

Medium: https://medium.com/fenomy

Discord: https://discord.gg/kAY9AkEDZP


Fenomy Team reserves the right, at its discretion, to change, modify, or remove portions of the announcements at any time by posting the amended version on the website.

** The time is base on UTC timezone