1) Thank you for coming by on our YouTube channel. Welcome to Asia Blockcast Community (ABC). ABC is a community that is based in Asia and run by volunteers. We know the market very well and is backed by a panel of blockchain & crypto experts and influencers. Our mission is to create value for projects & members & educate the general public about blockchain and crypto through the work in our community.
Can you give a brief intro of yourself?
I am John “FRENCHCONNECTED” Nasr. I am an accomplished entrepreneur with over 10 years of experience in the business development industry. Passionate about cryptocurrency since 2013, I jumped into the De-Fi world in its early days.
After becoming tired of all the scams and failed De-Fi projects he decided to create FCF and revolutionize the De-Fi world.
2) The French Connection I love that! Can you tell us more about French Connection and what is the main mission of the project?
The main mission of French Connection Finance is to build an ecosystem that provides a real-world use case to all cryptos while rewarding the contributors of the FCF ecosystem. We strive for groundbreaking innovations through the support of our community. We want to make cryptocurrencies more accessible to the world and our first product which will achieve this aim is the FCF payment gateway. Our payment gateway will allow crypto holders to easily spend their cryptocurrency when purchasing products or services.
3) Can you please walk us through your tokenomics and structure? Tell us about your buy-back feature too?
Our tokenomics are as follows: 3% Marketing tax (Used for marketing and creating the ecosystem) 2% LP tax (Makes the value of FCF less volatile) and a 5% Dividend tax (5% of the daily volume gets redistributed to all the FCF holders depending on the amount of token they hold)
The ecosystem fees (FCFPAY, FCF WORLD CONNECT, NFT collections) contribute to the tokenomics, too. 33% of all the fees get sent to the dividend pool (more BNB to the holders) while another 33% is used to buy into FCF and the acquired tokens get burned right away. (Buying pressure + Burn)
We also have a manual buy-back feature that allows the DEV to implement buy-backs to help build momentum and combat dips.
Lastly, we have an anti-whale feature that prevents any sell transaction greater than 0.1% of the FCF total supply to be sold in a single transaction. (Counters big dumps)
4) After reading your whitepaper and website, FCF Pay stands out the most. Can you explain the benefit to people who join your ecosystem?
Merchant’s advantage of using FCF PAY:
- You can accept crypto payments and regular FIAT payments.
- Instant funds, no need to wait days or weeks to have access to your funds.
- Fees are lower than any competitor. 1.5% Compared to 3%+
Retailer’s advantage of using FCF PAY:
- Can spend your crypto without having to send them to your bank.
- Won’t need a credit card to make an online transaction.
- Anonymous online purchases.
5) Can you explain compounded dividends to our users, so they can understand this aspect of your token?
By holding FCF, you earn a daily fully automated dividend on the trading volume and on the FCF ecosystem fees. Just by holding FCF you get a daily BNB reflection that keeps on growing with the value of BNB. The more FCF you hold the more BNB you earn!
6) The credit card that you are setting up, are there any countries that might be affected in the use case when trying to apply for this?
We are not setting up a credit card, we are creating a payment gateway that allows merchants to accept all cryptos on their e-commerce, cellphone applications and on the metaverse. Eventually, the payment gateway (FCFPAY) will be launched into physical stores too! Meaning you could spend your crypto at the local grocery store!
7) How does your marketing plan look like for 2022? What have you planned?
We are launching our first application, FCFPAY in early January. We have a big marketing campaign lined up that includes mass email marketing, educational campaigns about crypto and FCFPAY, influencers, and Hollywood celebrities.
8) Care to share your listing plans with us?
We have listed $FCF on 4 exchanges in 1 month, Lbank, Hotbit, Coinsbit and Latoken. We have decided to go for bigger and more popular exchanges in the coming months and we are aiming for Gate.io and Kucoin. We have a big vision and our goals are just as big as the vision!
9) I see nice NFTs on your site. Is this part of your revenue stream? Tell us more about your NFT business and do we expect other revenue streams in the pipeline?
We have created 2000 unique FrenchFella NFTs for the community with several utilities like female and male Breeding, Metaverse integration, and staking! The NFTs are part of the FCF ecosystem, which means when you sell or buy 1 NFT from Opensea you contribute to the FCF ecosystem. The 3.5% Royalty fee gets broken down and goes into the dividend pool and in the buy-back/burn mechanism of FCF.
10) Lastly, could you share a great quote to remember you by?
Great projects are carried by communities and killed by dishonest DEVS. Take out the dishonesty and you’re left with greatness!
