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Topic: Announcing Fyfy - Decentralized crypto payment ecosystem - page 2. (Read 559 times)

newbie
Activity: 15
Merit: 0
How do i vote for the ecosystem? what is the procedure for that? what kind of benefit have the voting system? can you please elaborate?
Do I have to have Fyfy Tokens to have a right to vote? Is there any minimum token that i have to main to vote?
copper member
Activity: 35
Merit: 0
How do I transfer digital assets in Fyfy ecosystem? do i need to download the app or i can just visit your website and after logging in  i can transfer it?
Fyfy offers Fyfy Pay, which must be downloaded from the app store.
newbie
Activity: 15
Merit: 0
How do I transfer digital assets in Fyfy ecosystem? do i need to download the app or i can just visit your website and after logging in  i can transfer it?
copper member
Activity: 35
Merit: 0
How do i vote for the ecosystem? what is the procedure for that? what kind of benefit have the voting system? can you please elaborate?
Please look at our whitepaper, all the Information on ecosystem voting is described in the whitepaper.
newbie
Activity: 14
Merit: 0
How do i vote for the ecosystem? what is the procedure for that? what kind of benefit have the voting system? can you please elaborate?
copper member
Activity: 35
Merit: 0
what about the audit? Do you have any plan to audit the project and when it would be held? Who are going to audit it?
IT security audits will frequently test the Fyfy ecosystem. The audit consists of the entire ecosystem of Fyfy. New and existing Smart Contracts in Solana and Ethereum blockchains are verified such that the contracts contain no vulnerabilities to external attacks particularly. Nevertheless, untested versions of the ecosystem are not published. The Fyfy ecosystem aims to deliver the highest level of trust, safety, and transparency.
newbie
Activity: 21
Merit: 0
what about the audit? Do you have any plan to audit the project and when it would be held? Who are going to audit it?
copper member
Activity: 35
Merit: 0
Why did you target the stable coin only I mean there are a lots of coin there with many benefits and they give good return also?
Stablecoins follow the value of the most widely known FIAT currencies. Thus, stablecoins are not exposed to the volatility of digital assets. Moreover, stablecoins will be heavily regulated, which protects consumers and businesses. Unlike FIAT currencies, stablecoins can be transferred extra fast and securely with proper technology applied.
newbie
Activity: 30
Merit: 0
Why did you target the stable coin only I mean there are a lots of coin there with many benefits and they give good return also?
copper member
Activity: 35
Merit: 0
Hey i saw a thing that you called as treasury  escrow, What is Treasury escrow? And what is the purpose of it to fyfy payments, what kind of advantage it will bring to this ?
The treasury escrow is an allocation of tokens that is governed by the Fyfy community. Treasury escrow includes only Fyfy Tokens, and the community can vote what is the purpose of these Tokens. Fyfy Tokens allocated to the treasury escrow can be used for farming, airdrops, and ecosystem development grants, for example.
copper member
Activity: 35
Merit: 0
Fyfy is now officially part of Solana ecosystem!

Go and upvote > https://solana.com/ecosystem/fyfy



newbie
Activity: 15
Merit: 0
Hey i saw a thing that you called as treasury  escrow, What is Treasury escrow? And what is the purpose of it to fyfy payments, what kind of advantage it will bring to this ?
copper member
Activity: 35
Merit: 0
As all of the transaction are being accomplished by using the fiat currency and you are going to work on crypto,
 How would you get people on board? If they continue to using fiat then there is no point to do this.
You know that how world is changing, people are changing also their behavior.
We are going for a world where we will use crypto more than the fiat. We see a lot of activity
to be it the reality. Many corporate and organization allowed crypto and other are going to soon.
Then we won’t have to worry about it.
newbie
Activity: 16
Merit: 0
As all of the transaction are being accomplished by using the fiat currency and you are going to work on crypto,
 How would you get people on board? If they continue to using fiat then there is no point to do this.
copper member
Activity: 35
Merit: 0
I am little bit confused that what airdrops are actually be on this. because you mentioned private and the other thing which isn't clear to me. Can you please tell me that What are private and collective airdrops?
Collective airdrops are meant to deliver for all the participants or the token holders in the ecosystem, independent of the individual activity. Private airdrops are meant to be allocated to individuals or groups of individuals who have made significant amounts of work for the ecosystem. In other words, private airdrops are rewards for those who have participated in the ecosystem development.
newbie
Activity: 22
Merit: 0
I am little bit confused that what airdrops are actually be on this. because you mentioned private and the other thing which isn't clear to me. Can you please tell me that What are private and collective airdrops?
copper member
Activity: 35
Merit: 0
Micropayment consider one of the trickiest section considering other payment. It’s very small and hard to ledger
because of high volume. That’s why it’s fees generally a little bit higher. But you are going to keep the fees low.
Do you think you can make it profitable business model?
To this day, micropayments have been an unprofitable business for any company due to the high fees of a single transaction. Fyfy ecosystem enables microtransactions profitably by using blockchain as an underlying technology.
newbie
Activity: 16
Merit: 0
Micropayment consider one of the trickiest section considering other payment. It’s very small and hard to ledger
because of high volume. That’s why it’s fees generally a little bit higher. But you are going to keep the fees low.
Do you think you can make it profitable business model?
copper member
Activity: 35
Merit: 0
Micropayments are not a new concept. Since the mid-1990s, micropayments have experienced varying degrees of popularity. By definition, micropayments are transactions whose value is less than a certain threshold. How can I buy the tokens, what will be the procedure?
You can simply go to our website, there you will be found a button “Buy Token” just follow the link and rest is very easy you can do easily.
newbie
Activity: 17
Merit: 0
Micropayments are not a new concept. Since the mid-1990s, micropayments have experienced varying degrees of popularity. By definition, micropayments are transactions whose value is less than a certain threshold. How can I buy the tokens, what will be the procedure?
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