Meeting Notes of TiFi AMA on April 28
TiFi hosted an AMA on April 28 in its office located at Silicon Valley headquarter and broadcasted to the community via TiFi Official Telegram Group. Samuel Zhou, the founder and the CEO of TiFi provided more insights about recent collaborations. Meanwhile, Samuel addresses most frequently asked questions raised from the community.
TiFi is honored to be a member of Plug & Play elite program which is hand-selected to incubate high potential startups. Since moving in to the new office on Jan 19, 2023, TiFi got lots of help from Plug & Play Tech Center and was involved in lots of events for meeting new people and investors, including the leadership team of Plug & Play.
Plug & Play is one of top innovation platforms and startup incubators in the world. It incubated or/and invested in companies including Google, Paypal, Dropbox, LendingClub etc.
TiFi has hosted several events with long-term partners. The events include a zero-fee campaign of purchasing TIFI with Visa and Mastercard using Swipelux platform, partnered with IvendPay for supporting TIFI payment in Hong Kong WoW Summit.
The exciting news continues. TiFi also partnered with CandyClub on TiFi Token integration with their GameFi platform. The most recent partnership is the farming and staking support on AmpleSwap.
As a tech startup focused on long-term growth, TiFi is more focus on building products with high quality and best user experience. For TiFi Bank, “We want to make it a DeFi app for everyone, an app to manage your asset in your pocket”, said Samuel. For TiFi Allverse, we are focused on building solid products and a strong business model. By respecting the quality, user experience and regulations, it requires solid product development procedure and strong security satisfaction.
Q & A
There are a few great questions asked in the AMA, here are the questions and answers.
What is the development plan this year?
- Launch TiFi Allverse (decentralized e-commerce platform)on TestNet (Alpha Version).
- TiFi Allverse regulation compliance.
- TiFi Bank fortification on security, liquidity sizes and user experiences.
What will happen for the token that will be unlocked in the end of this year?
Here is plan for the 290 Trillion TiFi that is going to be unlocked:
- More than 60% of the unlocked token (175.2 Trillion) will be burnt.
- Reward Investor Partners through Lock-To-Earn feature.
- Lock the remaining tokens to keep the circulation supply less than 90 Trillion.
What’s the difference between SUT and NFT?
SUT is a superset of NFT and enables interoperation of real-world products and crypto assets. For example, Amazon NFT is centralized for e-commerce, because NFT doesn’t contain the state information in the smart contract itself, so another platform without the information cannot redeem for real-world products. SUT (Stateful Universal Token) is an open standard that fully supports decentralized trading for products.
Is TiFi LLC recruiting?
Yes, if you are interested in joining TiFi, please send your resume to hi@tifi.net.
What is the plan for marketing?
We will continue the strategy of partnership marketing, influencer marketing and CEX listing/marketing.
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