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Sep 4 to 11 UTC

CloudCoin Finance AMA

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What is CloudCoin Finance?

CloudCoin Finance is the next-generation cross-chain & multi-chain decentralized finance, market maker, trading, and liquidity provider DAO driven powered by CCFI Token

CCFI is the native utility token that is used for:

* Token payments, CloudCoin Finance has its own payment system that can be added to any website.
* Running validator nodes on the network via staking CCFI tokens.
* Used for governance votes to determine how network resources are allocated.

CCFI features include:

* Governance
* Launchpad
* Staking
* Liquidity Providing
* Farming
* NFT Marketplace
* Bridges to over 18 blockchains NULS, ETH, HECO, OKC, ONE, Polygon, KCC, TRON, CRO, AVAX, AETH, FTM, Metis, IoTex, Optimism, Klaytn, ENULS, KavaEVM, with more will be added, meaning that the tokens can be swapped with very low fees between blockchains
* RaidaPay App
* CCFI Launchpad App

How Many CCFI Tokens Are There in Circulation?

CCFI launched its mainnet on 1st of August, 2021 with 1,428,160,512 CCFI tokens created at Genesis. The supply is fixed, it will never be increased, there are no transaction fees, and plans for burning. The swaps of tokens between the blockchains are done within the total fixed supply of 1,428,160,512 CCFI tokens.

Who Are the Founders of CloudCoin Finance?

CloudCoin Finance is supported by a team of 10 tech, and non tech professionals based in Germany, The Netherlands, United Arab Emirates, and Romania.

Where Can I Buy CloudCoin Finance (CCFI)?

CCFI is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

AMA Details

Ask any questions about CloudCoin Finance, the authors of the best questions have a chance to win prizes from CloudCoin Finance.

If you want to learn more, we advise you to use the following resources:

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Questions and answers

dandy asks
How does CCFI work as a utility token for the network? What benefits will this bring to both the network and the owner. Is there any reward mechanism for holding your token? What are the benefits of storing it long term?
+Ambassador NFT
The Team answers
CCFI has staking pools active on NULS blockchain using Water Tiger Finance https://watertiger.finance, and the exchange Dex-Trade https://dex-trade.com/staking, you can become a liquidity provider on Pancake Swap, and earn a share of the transaction fees:CCFI-BNB — becoming a liquidity provider, and earning a share of the transaction fees
https://pancakeswap.finance/info/pairs/0x1a9bd7345d0efdc355e650d7d781b156c24b670f
CCFI-TKP — becoming a liquidity provider, and earning a share of the transaction fees
https://pancakeswap.finance/info/pairs/0xad67464b5a86c51b0134a09f8b6cb25aa37b6a13.

Also CCFI plans to open farming on NULS blockchain, and other initiatives will follow.
Janofer asks
Is CCFI suitable for someone who is not tech or cryptocurrency savvy? How to help a person without knowledge of cryptography use the platform?
+Ambassador NFT
The Team answers
In the CCFI community, there are a lot of newbies, the team has helped countless users to create their first wallet, and dipping their toes in this industry so it is definitely fit for non-tech individuals.
fitil asks
Do you have passive income conditions? Mining liquidity, for example, or maybe something else.
+Ambassador NFT
The Team answers
There are a few interesting passive income opportunities currently with CCFI including providing liquidity to CCFI pairs on PancakeSwap, staking, and providing liquidity for the entire CCFI project, take a look:

CCFI-BNB - becoming a liquidity provider, and earning a share of the transaction fees https://pancakeswap.finance/info/pairs/0x1a9bd7345d0efdc355e650d7d781b156c24b670f

CCFI-TKP - becoming a liquidity provider, and earning a share of the transaction fees https://pancakeswap.finance/info/pairs/0xad67464b5a86c51b0134a09f8b6cb25aa37b6a13

Stake NULS to earn CCFI - https://pocm.nuls.io/pocm/Projects/ProjectsInfo?releaseId=251
Stake CCFI to earn CCFI - https://watertiger.finance (on NULS blockchain), https://dex-trade.com/staking (on BSC blockchain)

To become a CCFI liquidity provider for the entire project please get in touch via e-mail at [email protected].
grecha asks
Most investors are primarily concerned with the short-term price of the token rather than the long-term value of the project. Can you think of any fresh long-term investment strategies for users? What can we expect in the short and long term from this project?
+Ambassador NFT
The Team answers
Well, for regulatory purposes, most of the tokens are utility tokens, and the buyers can be called contributors, and not in another way. The inbdustry is plagued by the idea that I can buy today 100 usdt worth of tokens, and next mont will buy a Lambo. The startups in the crypto space are even more vulnerable than the regular startups, 95 – 99% of them will fail big time. CCFI team is focused on building the project, and to be in the market at last in 5 years from now.
teplovoz asks
What are your future marketing plans? Will there be listings, advertising, or some other strategy to increase interest and activity in the near future?
+Ambassador NFT
cock asks
You organized a very useful AMA session and received a lot of questions related to utilities and technologies, vision of the future, so now I want to ask what do you want to get from the community?
+Ambassador NFT
The Team answers
The purposes are first to give value to the community, and kickstart the partnership with Coindar.org, secondly to attract in the community the users resonating with what CCFRI is doing.
kyrlik asks
When will the coin appear on major exchanges and CoinMarketCap?
+Ambassador NFT
The Team answers
The team is working on more listings, the application for CMC listing was already submitted.
verf asks
What about your marketing fund? Does your project have enough funds to host a large event in terms of increasing membership in your community? Do you have any plans for an ambassador program for different countries to increase global adoption?
+Ambassador NFT
The Team answers
The project allocates 20% from income as marketing budget aiming to community increase and market adoption, the local communities are run by CCFI ambassadors.
Olegi asks
Are you planning to burn tokens?
+Ambassador NFT
The Team answers
No, not all the supply is in circulation, and we don’t see burning as a valuable practice for the CCFI particular case.
elexnet asks
Many projects look great in just their whitepaper and roadmap, but face many challenges when trying to achieve the project's mission and end in failure. What can you say about this?
+Ambassador NFT
The Team answers
Thisd question is somehow connecfted to the previous one. The users must perform personal due-dilligence in any project, having in nubd that it is easy to write about somnething, just that the real hard work is when you start implementing, in practice, the things are much more different than in theory.
elex23 asks
How are your coins distributed? I didn't find any information about this.
The Team answers
The information on Tokenomics is published in our websites, and the whitepaper:
The tokenomics for the BSC based CloudCoin Finance tokens: total supply - 1,428,160,512
Strategic/ Private/ Public Sales - 18.5% - this will be the starting circulating supply (264,209,694)
Team - 7.5% - vested over 36 months starting 1st of August, 2021
Advisors - 4.5% - vested over 36 months starting 1st of August, 2021
Staking/ Farming Rewards - 18% - get rewards in CloudCoin Finance tokens for your crypto assets
Marketing - 6.5%
Exchange Liquidity - 13.75%
Development Fund - 20%
Exchange Listings, Crosschain, Fees & Expenses – 11.25%
zevs asks
What motivates you to launch CloudCoin Finance? What real problems/pain points does CloudCoin Finance aim to solve?
The Team answers
Well, the team gathered to put in the market an ethical project, based on real fundamentals which has the chance to make a dent in the DeFi world. Even if in theory blockchain is transparent, in practice the industry is not, so the motivation was to create a real project, an ecosystem which will bring value both to the users, the stakeholders, and the entire blockchain inbdustry.
qwertz asks
Has your project previously offered pre-sales to investors? What was their pre-sale price?
buben asks
How do you rate the performance of mainnet compared to eth mainnet, bsc, sol, etc. Do you outperform them?
Dany asks
What hashing algorithms are used in your system? What is the rationale for their choice?
The Team answers
CCFI is built on BSC, and has 100% functional bridges to over 18 blockchains NULS, ETH, HECO, OKC, ONE, Polygon, KCC, TRON, CRO, AVAX, AETH, FTM, Metis, IoTex, Optimism, Klaytn, ENULS, KavaEVM, with more will be added, meaning that the tokens can be swapped with very low fees between blockchains using The Nerve Network.
Artur231 asks
What is the number one priority for CloudCoin in the next 6 months?
The Team answers
Expanding the token trading on more exchanges, while growing the ecosystem, and the business cases which will help the project stay in the market at least in 5 years from now.
WooTang asks
Are you looking to partner with anyone else in the near future?
The Team answers
Yes, CCFI has active partnerships with NULS, Floki, it is listed on exchanges for less than 3 months, the team is actively seeking for many more partnerships which will help the ecosystem grow.
jarviss69 asks
How to become a validator on your platform?
veegry asks
What are your marketing strategies and how will you expand and implement your project on a global scale where English is not spoken? What are your immediate upcoming priorities? What's on your roadmap?
The Team answers
If you look at the website https://ccfitoken.com it is translated in few languages, if you look at Telegram, besides the main English channel & group there are several local groups like German, Japanese, Turkish, Vietnamese, and others so CCFI has both a global, and local approach. The marketing overall includes AMA sessions, like this one, content published in highhly-ranked specialised blockchain publications.
deleted asks
We know that security and auditing are very important to the success of any project. Can you tell us about your security measures and whether you have already conducted an audit?
her asks
Has there been or will there be integration with metaverses? What metaverse projects are you planning to collaborate with? Can you tell us about your partnerships in this area? Also, what are your plans for growing your community?
AlexRed asks
Many new projects started out well but were suddenly abandoned. How will you manage your project to position yourself in the market and become the best project in the blockchain world?
The Team answers
This is one of the biggest problems of the blockchain industry, too many projects are introduced with fabulous whitepapers promising the world, only to dissapear after a while, usually with the funbds fromn the investors. CCFI team is executing the plan having ib mind that we see CCFI being in the market in 5 years from now.
user107974 asks
What makes CCFI different from other similar projects?
user515091 asks
Are you planning to list on major exchanges? If you plan, what is the approximate time frame?
user111205 asks
When will the RAIDAPAY app for iOS be available?
user172380 asks
Can you talk about CCFI's upcoming partnerships?
user172380 asks
Are there already working solutions based on your technology?
user514419 asks
With bridges to over 18 blockchains, CloudCoin Finance seems to prioritize interoperability. Could you share more details about the technology behind these bridges and how users can seamlessly swap tokens between different blockchains?
The Team answers
CCFI has 100% functional bridges to over 18 blockchains NULS, ETH, HECO, OKC, ONE, Polygon, KCC, TRON, CRO, AVAX, AETH, FTM, Metis, IoTex, Optimism, Klaytn, ENULS, KavaEVM, with more will be added, meaning that the tokens can be swapped with very low fees between blockchains using The Nerve Network. To swap it is very simple, you go to https://bridge.nerve.network, connect the wallet on BSC where you have the CCFI tokens, and swap to the CCFI equivalent on the desired blockchain. It is a click, click process.
user514419 asks
Can you elaborate on how CloudCoin Finance stands out as a next-generation cross-chain and multi-chain decentralized finance platform, especially in comparison to existing DeFi projects?

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