Jun 3, 2021
Recap of the GoldFarm AMA with Blockchain Space
On Wednesday, June 2nd, we had the pleasure to welcome to our Telegram chat:
DC, The Lead Admin at GoldFarm.
We asked him questions about the development of GoldFarm.
INTRODUCTION
Q~ Thanks for joining us today. Please start off by introducing yourself to the Blockchain Space community and your role in the team?
A~ Hey, I am DC and I am the Lead Admin @Goldfarm. I have been with the project since day 1 of the launch and it has been a great journey so far! My background is in Project Management which I feel really benefits my current role. Also, I am really new to the crypto space! Like 3 months here!
As for the team we have an amazing team: 5x developers, 20+ Admin and Mods. They are all very hardworking and believe in our mission to become #1 Farming provider in 2021.
Q~ What is GoldFarm all about in detail, what problems inspired you to create GoldFarm?
A~ Goldfarm is all about giving users the opportunity to earn passive income through our innovative FaaS protocol. We allow for new and existing projects the ability to create farms in just a few clicks. Not to mention our planned NFT farming and marketplace which is going to be industry leading!
Goldfarm is innovating the way in which the farming pools are hosted to benefit every single participating party into the ecosystem. Users get the benefit of earning various tokens, or LIFETIME rewards in BNB and ETH using our Infinite Pools.
Project’s find us very attractive and seek to get their pools hosted by us to gain huge exposure and engagement to their native asset. We have just short of 10,000 people in our group and because we are a part of the FEG ecosystem we have a reach of over 150,000 altogether :)
We also have huge exposure to thousands of new investors seeking a passive income in ETH/BNB and users who simply want to farm various tokens using our innovative FaaS protocols.
Q~ How can users earn passive income with GoldFarm and how do you plan to attract users globally?
A~ We have two flagship passive income farms: $GOLD — BNB and $GOLD — ETH. These farms are extremely popular with our community! The way they work is really simple: You deposit $GOLD and earn BNB or ETH depending on the pool you select.
The special part to these pools is that they have infinite rewards because of the way they are generated. The rewards are generated by the 1% tax on entering any other farm on Goldfarm. So whenever a user enters an ERC farm, ETH is generated. The same goes for BSC farms with someone entering, BNB is generated. Also, just to make you all aware the BNB and ETH farms have 0% entry tax on entering them :)
Simply put: More Farms, More Taxes, More Rewards, More Passive Income for all.
Lastly to attract users globally we have native speaking TG communities :)
Official:
🚨 https://t.me/goldfarmio
🌎 https://t.me/goldfarmchat
🗺 https://t.me/goldfarmsupport
Community:
https://t.me/goldfarmarabic
https://t.me/goldfarmafrica
🇨🇳 https://t.me/goldfarmchina
🇩🇪 https://t.me/goldfarmgerman
🇳🇱 https://t.me/goldfarmdutch
🇫🇷 https://t.me/goldfarmfrance
🇧🇻 https://t.me/goldfarmnorway
🇪🇸 https://t.me/goldfarmhispanic
🇯🇵 https://t.me/goldfarmjapanese
🇵🇭 https://t.me/joinchat/emokWWwnXFdmNDM0
🇷🇺 https://t.me/goldfarmrussian
Offical Socials and Project Information:
Discord server: https://discord.gg/bRca8t9Q
Website — https://goldfarm.io/about.html
GOLD BSC: 0xd0f653aD03ca32A792AbFA6d6711cdf1311e5d9D
GOLD ETH: 0xf1b8762a7fa8c244e36f7234edf40cfae24394e3
Ticker — $GOLD
Twitter — https://twitter.com/GoldfarmIO
TG Channel — https://t.me/goldfarmio
TG Group — https://t.me/GoldFarmChat
Discord — https://discord.gg/bRca8t9Q
Instagram — https://www.instagram.com/goldfarmio/
Reddit — https://www.reddit.com/r/GoldFarm/
Medium — https://goldfarmio.medium.com
PancakeSwap -https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xd0f653aD03ca32A792AbFA6d6711cdf1311e5d9D
Uniswap — https://app.uniswap.org/#/swap?inputCurrency=0xf1b8762a7fa8c244e36f7234edf40cfae24394e3
Telegram
GOLDFARM Official Channel
GoldFarm Chat: t.me/goldfarmchat
Q~ Can you share with us detailed information on the $GOLD tokenomics and it’s usecases?
A~ Goldfarm has its own native token called $GOLD which is the primary deposit token for the farms. Yes, what you’re thinking is correct, when we have 1000’s of farms & the NFT marketplace on Goldfarm the price of $GOLD is going to be huge! That is why it’s great to get in early… like now :)
But more about the tokenomics; we have minted 500,000 tokens on both BSC and ETH blockchains with a circulating supply of 450,000 on both sides.
Just whilst we are talking about farms, as part of the marketing campaign we have
14 NEW FARMS COMING WHICH STARTED YESTERDAY !!
Check them out:
Q~ Could you share the current achievements and do you plan launching any products soon, what should we look forward to in the coming months?
A~ Goldfarm has successfully created a protocol that allows for farms to accept frictionless rewards which is an industry first ✅
Goldfarm has created a protocol that allows for a 3 -1 rewards system which again is an industry first ✅
Goldfarm has been able to create a user-friendly way for anyone to earn passive income in just a few clicks ✅
Goldfarm is developing an Automated Deployment System for farms.
This basically gives project owners the ability to create a farm in less time than it takes to set up a Netflix account. When we have set this feature up we will create two categories of pools on our website:
One category will only list team-approved and verified project pools.
Second category will list all automatically deployed pools, and a warning will be shown on that tab, indicating an unapproved and unchecked pool being hosted by a 3rd party, users then will be able to continue with their risk and responsibility.
In addition to the above we plan on having a NFT Marketplace that again is going to be industry leading so watch this space.
Our whole mission is to bring industry leading products and services to the DeFi space that best serve the community.
QUESTIONS FROM TELEGRAM
Q~ Are any audit reports done by sources outside of your project? Smart contracts are known to be prone to bugs, bugs or hacks. So how is the security system of GoldFarm?
A~ Yes we have been audited and here is the link to the report:
Q~ What is your current GoldFarm project focus on the main goal? Will you be the direction your project will develop this year or the future?
A~ The projects main focus is to become the #1 farming provider by the end of 2021!
Q~ When describing GoldFarm, you mention that you are a community project and your greatest asset is the community. So, how do you reward your community, do you offer a mechanism to make them feel valued?
A~ We are a community project and what a great thing that is! So we keep our ear to the ground and are always listening for what the community wants and as long as that aligns with our mission we are happy to do what the community desires.. In Terms of rewarding them we have competitions running all the time, cash giveaways, and we provide huge $GOLD bonus on selected farms… FYI — some of the 14 new farms to come have huge $GOLD bonus’s so do not miss them!!
Q~ Goldfarm is a leading FaaS provider in the industry and aims to exponentially grow the market share of distributed farming pools throughout the DeFi domain. What qualities do you have that will enable you to achieve this ambitious goal?
A~ 1000's of farming pools
Industry Leading products and services
The best partnerships out there.
Q~ Goldfarm became the exclusive FaaS partner of the FEGs. So, what value has this partnership added to your ecosystem?
A~ So as you are aware FEG is a huge community and is leading the way with revolutionising the industry with new ways of rewarding the community and holders! This means with us being exclusive partners with them we get access to over 100,000 community members at the time of writing this! However, the main reason we chose to be exclusive partners with them is because they share the same ethos as us and have a similar mission. We are a community project and we want to provide for them.
CONCLUSION
It’s really nice having the GoldFarm project in here!!!
You can check out their Website for more details. You can also follow them on Telegram and Twitter to keep up to date with all things relating to GoldFarm.
Join us now! Enjoy quality articles, daily curated news, insightful infographics, and enter a vibrant, fun, and knowledgeable community!
- Main Telegram group : Friendly and growing community that discusses upcoming projects as well as trading opportunities and crypto in general.
- Telegram announcement channel : Subscribe to never miss one of our News.
- Twitter : Follow us now on Twitter for more updates.
If you want to email us: Blockchainspace001@gmail.com
