1) Can you give an introduction about yourself? Can you also introduce the core members who are not present too?
Hello! I am Beach Wario, the team lead and communications orchestrator for the project. I represent the core team that combined has over 20 years of software development experience, 10+ years of FinTech experience, 6+ years of working with StartUps, and much more. The core team is globally distributed across Europe and North America. We are veterans of the crypto space. Many members of our team purchased bitcoin when many still considered it “a scam” haha. Our dedication to this project rewards us with many sleepless nights!
2) What is TIKI? What is TIKI TOKEN?
TIKI TOKEN is the biggest BNB reflection token & the FIRST one with an auto-claim feature.
Simply hold $TIKI tokens in your wallet and you’ll earn BNB. It is that simple.
TIKI is also a Family and a Community. Just ape in our telegram to notice that our community is among the best of the BSC today. We are really proud to have created all of this positive energy around a token that our holders love.
3) You are the first and biggest BNB reflections token. What inspired you to start this project?
Human desire aligned with opportunity. People often dream of making money in their sleep.
With Tiki this has become a reality. Holders go to sleep and wake up with more BNB.
All projects on the market prior to our launch required a manual claiming process to receive rewards. We eliminated the tedious manual claim process by sending BNB directly to holder wallets.
Our mission going forward is to expand our rewards offerings in major ways.
4) Many of our community would like to know how does auto paying every 60 mins works? Will it be affected by any factors?
Great question!
As we were the first one on the BSC to come up with this innovation, our tech team has been working & testing very hard for this feature.
This feature works like magic as you receive BNB automatically & you don’t need to pay for Transfer fees.
Basically how it works is that on each transaction of TIKI Tokens, your gas fee will be used to send BNB to TIKI holders. This function is dynamic according to the size of the transaction, which means the larger the transaction, the more TIKI holders (up to 10 per TX) will receive their pay.
As you understand now, volume is what makes people get paid automatically. The greater the volume we get, the faster you will get paid. When the volume is down it can take more than one hour to arrive. When volume goes up though, you can get paid more than once per hour (just like our first 24 hours when we reached more than $10M Volume and you were getting paid every 20 minutes)
For the most impatient ones though, you can still go on our dashboard, connect your wallet & push the purple button to “claim now”
5) I can see your roadmap until Q4 this week on your website. What for your plans for years 2 and 3 especially when you have done well.
After 26 moon cycles ( 2 years) the plan is for full maturation of the Tiki Finance Ecosystem. Receiving auto BNB for holding Tiki is only the initial foundation. Ecosystem additions that will allow holders to receive additional financial benefits from new products will be released. Integration with the real-world payments system will allow holders to utilize their rewards in everyday life. We see many products in the financial sector as opportunities to impact the world in more revolutionary ways by proving these offerings on the blockchain. Fixed-term savings accounts, retirement accounts, investment portfolio management services, tax assistance and many others! Our plan is to impact both the crypto and non-crypto sectors like no other token project has done before.
6) Right now many main exchanges are not able to support “reflections”. What are your plans for listing on CEX?
We are currently in talks with several exchanges to see how our specific tokenomics could work out for integration. Since our contract is revolutionary we are working with exchange development teams on creating the most effective strategy.
Looking at tokens like Safemoon, we know it’s possible, and we are already in touch with big exchanges to make this a reality in the future.
7) The crypto market is driven by mainly bitcoin at this moment. Many reflections themed tokens said they are deflationary and can fend off the bearish times. Do you agree? Please tell us your views.
Deflationary tokens are a nice offering and provide additional value as supply decreases. Regardless of if a token is deflationary or not the primary factor that will fend off bearish times is maintaining growth. Volume is maintained by creating a real utility that drives the market to invest and hold the token in cycles of growth or consolidation. Our focus is on creating value-driven products within the ecosystem that will thrive in both bullish and bearish times.
8) I always believe in preparing for the worst times. Crypto projects that we talked to kept saying that they are startup, concept first, revenue last. We saw you are working hard to even push merch “TIKI Swag clothing apparel” in Q2. What is your timeline for revenue? Do you think it’s important?
Ahah it is true that there are a lot of similarities between launching a startup and launching a Token.
It was really important for us that the community can rally around a strong concept, something that will make them think, “why hasn’t this been done already ?” and looking at our community I think we pretty much managed to do that.
As for the revenue part, it is important to mention that ALL the TIKI owned are TIKI that have been bought, no exceptions. That means that the Core team did NOT allocate themselves tokens. The team bought some TIKI on presale, at the same rate as other presale investors, and we’ve been able to get revenue from the dividends of those TIKI Tokens, without selling a single token.
In order to grow, we need funds to spread the word about TIKI and roll out new marketing campaigns consistently. That is why prior to launch we had a poll in our telegram asking our community what size the marketing wallet should be. The community voted for 5%. Thanks to the dividends from that wallet, we are today able to pay for a lot of marketing (advertisement, influencers, …)
You mentioned TIKI Swag Clothing apparel, I can’t reveal too much about it now but I can already tell you that the additional residual income revenue stream from that specific element in our roadmap, will be really interesting for TIKI holders 👀
9) You are on BSC now. Would you consider shifting to other chains too?
Binance Smart Chain is an amazing network. We have and will continue to analyze the potential impact of releasing our current and future products on other innovative blockchain networks. Ethereum, Polygon, Cardano are all fantastic examples of networks that will bring us an entirely new segment of holders. Additionally developing on other chains will allow us to expand our rewards-based ecosystem eventually linking them together with TIki as a cross-chain bridged solution.
10) We would like to end this by asking you for an inspiring quote.
I think we built a really strong trust between our investors and us and we are really proud to see that our community appreciates all the hard work we put into the project. So much that if you join the telegram you’ll probably see this catchphrase that’s come back pretty often /TIKI_DEVS_ALWAYS_DELIVER
So with that in mind, I’ll end with this quote from Elon Musk: “I could either watch it happen or be a part of it.”
