SEGMENT 1
Q1. Please introduce yourself and your project TKNT FOUNDATION to our community
My name is Julia Kim, main marketer of TKNT Foundation. TKNT Foundation is operating a Blockchain Venture Captial supporting, investing, and incubating various blockchain platforms in South Korea. I have worked in this field for the past 5 years and have invested in over 150 projects.
TKNT is a project we are focusing on these days because it follows the trend of very unique and new concept of Bet-Mining and Defi.
TKNT is a platform that provides Defi services with an ERC-20 based utility token. Starting with the launch of the decentralized staking service in September 2020, TKNT introduces a variety of Defi products such as landing, staking and swaps within the TKNT platform. Technical support is provided by Dexfi, made up of various renowed white hackers.
In addition, through a partnership with TKN.COM, the No.1 cross-blockchain Defi Gaming Dapps, TKNT can only be mined through games within TKN.COM. There was no ICO or private sale in progress so far.
Q2. Currently, there are numerous casino platform projects in the crypto market. What strengths does TKN.COM have?
2. I may not the right person to talk about this as we run the TKNT Foundation, and we do not direct operation of TKN.COM. But I am very honored to work with them and have a partnership with them. As you can see, there is a lot of competition in between and many casino projects out there, TKN.COM has been running for a period of two years (previously it was fck.com), and in this fierce market for two years, TKN.COM has ranked the top 5 Ethereum dapps.
TKN.COM has 2,000 users and 300 concurrent users per day. Their customer service is said to be among the best in the industry. In addition, sports/e-sports betting and live casinos will also be installed within this quarter, so I think it will become a more industry-leading platform.
As I will say again below, TKNT has a special mining system called Bet-Mining. And the mining is carried out within TKN.COM.
Q3. As a blockchain game platform, what are the strengths of TKNT in terms of safety and security?
yes
As mentioned above, TKNT is not a blockchain game platform. TKNT is a Defi wallet platform and is partnering with TKN.COM, the global No. 1 cross-blockchain Defi gaming dapp. TKNT receives technical support from Defitech, made up of white hackers, and operating inner and outer tech team simultaneously. We recieved certification from Certik.
To briefly talk about partner company TKN.COM, the protocol service of Betprotocol (BEPRO), which operates in partnership with large blockchain companies such as Chainlink and Band Protocol, is operated with Bitgo’s consignment service and 10 million dollar insurance.
Q4. Please explain in detail about TKNT. What is the token model?
TKNT provides Defi wallet service within its own platform. It will be an optimized platform for users who are looking for any decentralized financial service such as landing, staking, swap, insurance, etc. Originally, there was no concept of returning profits in Defi. However, starting with Compound platform, they have recently been rewarding their governance tokens. Of course, you can build yield farming within our platform as well. However, while Defi projects use it for promotion to increase their TVL (Total Deposit Volume), TKNT does not require unreasonable interest payment for it can be simply mined through Bet-Mining at TKN.COM, active within existing user base. Plus the value of the token continues to rise due to the half-life coming from Bet-Mining.
Q5. Please explain more in detail about Bet Mining.
The total issuance of TKNT is 1 billion. 60% of 1 billion, or 600 million, can be played on TKNT-compatible gaming dapps (for example, TKN.COM), where you can mine TKNT. Currently, the 1st double half-life has passed in early September, where 1TKNT can now be mined for 8USDT bets. The next half-life is expected around December 2020, at the current rate.
In the case of bitcoin mining or POS rewards, usually expensive hardware or large capital is required for staking (e.g., 32 Ethereum), whereas these factors are not mandatory conditions for bet mining.
Q6. What methods does TKNT plan to control the distribution volume and supply-demand relationship and ensure the value of TKNT?
“Although TKNT is not an STO token, we believe that each TKNT token holder is a shareholder of the TKNT Foundation. Of the current total issuance of 1 ths to 2 years, and after the lock-up period is released, 5% is distributed every month.
billion, the total circulation volume on the two exchanges in Korea and China does not exceed 20 million. The amount distributed to the team and partners has a lock-up period of at least 3 mon
Existing tokens and future tokens will enter the automatic staking and swap pool for one year. This will prevent unexpected tokens from being released to the market.
In addition, through collaboration with TKN.COM, the TKNT Foundation buys back and burns 15% of TKN.COM’s commission income every month from the exchange.
Through these methods, we plan to create the value of TKNT, and the incinerated tokens will be sent to the address 0x000000000000000000000000000000000000dead. This will be continuously notified through the website and official channels.”
Q7. What are the grounds for using Ethereum network?
Currently, the Defi market is over $4 billion, and 87% of the Defi market is locked up on the Ethereum blockchain. However, Ethereum’s dominance accounts for only 12% of all cryptocurrencies. Currently, it is proceeding on the Ethereum blockchain, but through collaboration with UYT, which has successfully developed its own blockchain using Polkadot’s substrate technology, TKNT also has its own blockchain technology and can always be moved to another mainnet. By integrating a decentralized liquidity pool, we plan to enable cross-chain lending and landing with built-in synthetic assets, and use various mechanisms to ensure maximum liquidity.
In other words, it will be the best Defi platform that can be integrated and used by users of major crypto assets such as BTC, ETH, DOT, EOS that were previously isolated.
Q8. How will you promote and disclose your project to the world?
Our foundation has people from various countries including Europe, the United States, China, Korea, Japan, and Mexico. Therefore, we have a promotional strategy tailored to each country.
Although the technology is crucial, the platform is untact without strong marketing. We have a very strong marketing team to disclose the project to the world. Our marketing team educates people about what Defi is, how easy it is to use, and what benefits it can benefit from.We will convey the best of our project according to today’s trend to have people easily use our platform, bet and mine TKNT, and stake and pay with TKNT.
Q9. In what market are you the most active in and what is your plan of the year?
Now we have about 3 months until the end of this year, but TKNT has done and grown massively throughout the month.
The technical team will work with UYT to improve the completeness of the platform currently being developed and complete the cross-chain Defi mechanism through an independent blockchain, and the marketing team will secure strong users in Asian markets including China and Korea. After that, we plan to focus on the European and South American markets.
Accordingly, after listing BKEX today, we plan to further list on exchanges such as Europe and America. To this end, we plan to publicize the project through offline and online events around the world.
Q10. Why do we have to invest in your platform?
Good question. As a cryptocurrency investor and VC owner, I do not invest in just one project. Although I don’t recommend this method of management, I do find it important to building own portfolio to hedge risks, because the cryptocurrency market is not yet stable.
The most obvious factor that stands out in TKNT is that the foundation is very transparent. As mentioned above, all distribution quantities will be announced through the website or community.With this policy, we listed on a small exchange in Korea and created more than 5,000 TKNT holders in two weeks. Of course, it may be insignificant compared to the Chinese market or BKEX, it caused quite a sensation in Korea.
Currently we are spending the outmost energy on marketing and technology development to grow the platform to the best.
Q11. What does TKNT Foundation mean?
TKNT stands for TKN Token.
SEGMENT 2
Q1. Can you briefly explain how the Top milestones that the TKNT team aims to execute before the end of this year or going to execute in future, will help them succeed and What TKNT may look like in 2020 and beyond.
@Jupiter_Ji
Yes, thank you. As mentioned above, now we have about 3 months until the end of this year, but TKNT has done and grown massively throughout the month.
The technical team will work with UYT to improve the completeness of the platform currently being developed and complete the cross-chain Defi mechanism through an independent blockchain, and the marketing team will secure strong users in Asian markets including China and Korea. After that, we plan to focus on the European and South American markets.
Accordingly, after listing BKEX, we plan to further list on exchanges such as Europe and America. To this end, we plan to publicize the project through offline and online events around the world.
Q2. Would you mention some highlights of the team behind TKNT? What in your backgrounds and experience has nurtured the platform and ensure its vision and future development? To know this is important in order to gain trust of investors
@Alicewonder1202
TKNT Foundation is operating a Blockchain Venture Captial supporting, investing, and incubating various blockchain platforms in South Korea. We have worked in this field for the past 5 years and have invested in over 150 projects.
TKNT is a project we are focusing on these days because it follows the trend of very unique and new concept of Bet-Mining and Defi.
Q3. What are $TKNT uniqueness among various blockchains and cryptocurrency projects. What does $TKNT have that other projects don’t have?
@nidhom_sadewa
TKNT provides Defi wallet service within its own platform. It will be an optimized platform for users who are looking for any decentralized financial service such as landing, staking, swap, insurance, etc. Originally, there was no concept of returning profits in Defi. However, starting with Compound platform, they have recently been rewarding their governance tokens. Of course, you can build yield farming within our platform as well. However, while Defi projects use it for promotion to increase their TVL (Total Deposit Volume), TKNT does not require unreasonable interest payment for it can be simply mined through Bet-Mining at TKN.COM, active within existing user base. Plus the value of the token continues to rise due to the half-life coming from Bet-Mining.
Q4. In TKNT the more we play, the more we mine. what ia the minimal amount of time we need to play to start earning? Do the amount of tokens earned by periods of time increase when we have more time playing?
@Rosanela08
There is no minimal amount to play in TKN.COM in order to mine TKNT. Win or lose, you will mine your TKNT using ETH, BTC, and FFT. The total issuance of TKNT is 1 billion. 60% of 1 billion, or 600 million, can be played on TKNT-compatible gaming dapps (for example, TKN.COM), where you can mine TKNT. Currently, the 1st double half-life has passed in early September, where 1TKNT can now be mined for 8USDT bets. The next half-life is expected around December 2020, at the current rate.
The ratio of mining TKNT will grow per each half life by 4x. Now, you can mine 1 TKNT per 8usdt betting. In the next half life, you will be able to mine 1tknt per 32USDT, which is 4x of the current 8usdt.
SEGMENT 3 Community Live Question
Q1. At the moment I don’t see TKNT having any activities or events such as, Partnership, fork / swap, burn, feature release and so on. Can you reveal what event or program in the future?
Although TKNT is not an STO token, we believe that each TKNT token holder is a shareholder of the TKNT Foundation. Of the current total issuance of 1 ths to 2 years, and after the lock-up period is released, 5% is distributed every month.
billion, the total circulation volume on the two exchanges in Korea and China does not exceed 20 million. The amount distributed to the team and partners has a lock-up period of at least 3 mon
Existing tokens and future tokens will enter the automatic staking and swap pool for one year. This will prevent unexpected tokens from being released to the market.
In addition, through collaboration with TKN.COM, the TKNT Foundation buys back and burns 15% of TKN.COM’s commission income every month from the exchange.
Through these methods, we plan to create the value of TKNT, and the incinerated tokens will be sent to the address 0x000000000000000000000000000000000000dead. This will be continuously notified through the website and official channels.
Q2. In TKNT the more we play, the more we mine. what ia the minimal amount of time we need to play to start earning? Do the amount of tokens earned by perios of time increases when we have more time playing?
As said earlier, there is no minimal amount to play in TKN.COM in order to mine TKNT. Win or lose, you will mine your TKNT using ETH, BTC, and FFT.
The ratio of mining TKNT will grow per each half life by 4x. Now, you can mine 1 TKNT per 8usdt betting. In the next half life, you will be able to mine 1tknt per 32USDT, which is 4x of the current 8usdt.
Q3. What is your marketing strategy? What are your expectations for the TKNT project in the cryptocurrency world in 2020? I know that Mr. Nguyen Bui – TKNT’s Marketing Manager no longer works for the project. So, does this affect the marketing plan of the project? thanks!
Crypto currency is quite unstable. It is from many reasons. But one thing we can make sure is that TKNT foundation is very transparent. We will announce every single move that we are going to do, and we hope it can bring successful story for many people.
Regarding the event, we are holding quite big event with BKEX this week. 50,000USDT worth of event. In Korea, there is another big event for Korean users. By doing those event, we will communicate with our holders and payback as much as possible to be one of the successful project.
regarding the marketing manager, we have never heard of anyone called Mr. Nguyen Bu lol.
Q4. How do users mine TKNT while they play? What are the uses of TKNT in the ecosystem, can it be traded in the platform and generate profit to users?
To mine TKN.COM, all you have to do is bet in TKN.COM. Win or lose, you will mine TKNT at ratio of 1 tknt per 8usdt (currently). The uses as mentioned of TKNT is DeFi. You cant trade, stake, pay, swap token with TKNT. DeFi will soon be launched next month.
Q5. Why should I invest in your token do you guarantee I’ll be profitable?
Good question. As a cryptocurrency investor and VC operator, I do not invest in just one project. Although I don’t recommend this method of management, I do find it important to building own portfolio to hedge risks, because the cryptocurrency market is not yet stable.
The most obvious factor that stands out in TKNT is that the foundation is very transparent. As mentioned above, all distribution quantities will be announced through the website or community.With this policy, we listed on a small exchange in Korea and created more than 5,000 TKNT holders in two weeks. Of course, it may be insignificant compared to the Chinese market or BKEX, it caused quite a sensation in Korea.
Currently we are spending the outmost energy on marketing and technology development to grow the platform to the best.
CLOSING
Thank you all for your wonderful time. TKNT will continue to frow to the next level. Please look forward to our progress currently skyrocketing in BKEX. TKNT is currently recording 1300%+ rise in price in BKEX. Stay with us in our wonderful journey. We will soon come back with staking services along with officially laucnhing DeFi services in the near future. Stay tuned!
Official Website – https://www.tknt.io/
Medium – https://medium.com/@tknt
Twitter – https://twitter.com/tkntfoundation
Thank you:)
📣Channels:
TKNT Global Offiical Channel: https://t.me/tknt_official
TKNT Official Indonesia: https://t.me/TKNTindonesia
TKNT Official Bangladesh: https://t.me/tknt_bangladesh