FEG AMA with InfinityGainzz
Where: t.me/infinitygainzz
Who:
@FEGrox
@Wallstreetbettss
owner of infinity gainzz @Renoboy81
Crypto94| Owner of Infinity Gainz, [06.02.21 21:08]
First, I would like to say Congratulations on the succesful stealth launch of your project and most importantly, on the strong community you have built around your project.
One of the hypest telegram groups I have ever seen
Crypto94| Owner of Infinity Gainz, [06.02.21 21:09]
As a start, can you give us a brief description of what exactly is your project?
FEGrox, [06.02.21 21:09]
[In reply to Crypto94| Owner of Infinity Gainz]
Man that means alot! We are working hard, the community is so strong and growing fast
FEGrox, [06.02.21 21:09]
[In reply to Crypto94| Owner of Infinity Gainz]
Ill grab this one
$FEG 4 LIFE, [06.02.21 21:10]
[In reply to Crypto94| Owner of Infinity Gainz]
Thank you! We had help from our APES
$FEG 4 LIFE, [06.02.21 21:10]
team work makes dream work
FEGrox, [06.02.21 21:11]
[In reply to Crypto94| Owner of Infinity Gainz]
FEG is a movement! It’s the first token to come out with such a huge supply and also be deflationary with RFI style rewards. 2% transaction tax splits to all holders and we have over 54% in a black hole that burns. The burning will never stop, we estimate that by day 365 the supply will be 99.99% less then it is now.
Crypto94| Owner of Infinity Gainz, [06.02.21 21:11]
Since the AMA is Live, please take your time in answering the questions👍
FEGrox, [06.02.21 21:11]
People love to get billions of tokens in rewards
FEGrox, [06.02.21 21:11]
@Wallstreetbettss care to add your opinions
$FEG 4 LIFE, [06.02.21 21:12]
$FEG is more than a simple token
$FEG 4 LIFE, [06.02.21 21:13]
We made it easy for people to earn rewards while doing other stuff, we recently saw a huge migration from WALL STREET BET TO DeFi
$FEG 4 LIFE, [06.02.21 21:13]
without being scared of a dip
$FEG 4 LIFE, [06.02.21 21:13]
without looking at the screen for 24h
$FEG 4 LIFE, [06.02.21 21:14]
so we took this opportunity to invite all our new comers to $FEG since it is very frieny user
$FEG 4 LIFE, [06.02.21 21:15]
a lot of people still don’t know how to use uniswap/1inch yet wich are very important in the Defi world
FEGrox, [06.02.21 21:15]
[In reply to $FEG 4 LIFE]
More are learning everyday
$FEG 4 LIFE, [06.02.21 21:15]
but they tried
Crypto94| Owner of Infinity Gainz, [06.02.21 21:15]
[In reply to $FEG 4 LIFE]
Can you elaborate more on why the dip shouldn’t be an issue? You even told me that you even encourage selling so people are rewarded. Explain the mechanics.
People aren’t aware of how RFI/or forks of it, work
FEGrox, [06.02.21 21:16]
[In reply to Crypto94| Owner of Infinity Gainz]
Great question give me a moment to explain
$FEG 4 LIFE, [06.02.21 21:16]
[In reply to Crypto94| Owner of Infinity Gainz]
yes, in a project where theres a lot of people
$FEG 4 LIFE, [06.02.21 21:16]
theres a lot of transactions
Crypto94| Owner of Infinity Gainz, [06.02.21 21:16]
[In reply to FEGrox]
Probably the most important question, please take your time
$FEG 4 LIFE, [06.02.21 21:16]
so by earning when people sell, buy or transfer to other wallets every gorrila will earn mad rewards
$FEG 4 LIFE, [06.02.21 21:17]
We will announce some news that will make everyone happy and new comers will be able to buy very easily
$FEG 4 LIFE, [06.02.21 21:17]
today in this AMA
$FEG 4 LIFE, [06.02.21 21:17]
also i have to add
$FEG 4 LIFE, [06.02.21 21:18]
there is a way to use the token and we will talk about that today aswell
$FEG 4 LIFE, [06.02.21 21:18]
We can go on with the next questions
FEGrox, [06.02.21 21:19]
[In reply to Crypto94| Owner of Infinity Gainz]
Really I think that people need to be educated on how to sell more in projects such as this.
Selling is encouraged yes because it’s crypto you want people to recover their initial investments so they are not trigger happy.
I will focus on how to sell for a minute.
This project has the opportunity to give you many X return and so many have already gotten it.
My advise.
Don’t sell in huge chunks! Sell small parts to recover your initial investments and maybe 2x. Then collect your rewards and sell those when they are enough. This kind of project can pay you passive income forever if you learn how to sell.
We recommend only doing transactions of like 0.5–1 eth at a time. This keeps the lifeline strong.
FEGrox, [06.02.21 21:20]
You earn rewards with every transaction made, you can literally watch your wallet balance grow every minute. Collect those rewards and use them for passive income
FEGrox, [06.02.21 21:20]
We forked RFI cod for this exact reason
FEGrox, [06.02.21 21:21]
So you can earn billions or trillions of tokens, eventually those will reward you with the best passive income of your life. If we all learn how to sell properly this project can propel to something we have never seen before
FEGrox, [06.02.21 21:22]
The automatic rewards are basically farming/staking without having to touch another pool! No fees to earn ever, they are automatic
Crypto94| Owner of Infinity Gainz, [06.02.21 21:22]
All we need to do is HODL the tokens in our wallet to earn these rewards, correct?
FEGrox, [06.02.21 21:22]
[In reply to Crypto94| Owner of Infinity Gainz]
100% correct
FEGrox, [06.02.21 21:23]
Also we have a burn counter on the fegtoken.com site you can refresh the page to watch it grow
$FEG 4 LIFE, [06.02.21 21:24]
ill be honest i staked and farmed in many projects, some have locks for a certain amount of day, some you cant remoove your investment, some rewards are locked for 30 days
$FEG 4 LIFE, [06.02.21 21:24]
i mean what in hell
Crypto94| Owner of Infinity Gainz, [06.02.21 21:24]
[In reply to FEGrox]
What is the burn counter? And where on the website?
I’m on mobile so maybe that’s what I cannot see it
FEGrox, [06.02.21 21:24]
[In reply to Crypto94| Owner of Infinity Gainz]
Since it reads the blockchain you have to be logged onto a metamask to view it
$FEG 4 LIFE, [06.02.21 21:24]
[In reply to Crypto94| Owner of Infinity Gainz]
on the main page fegtoken.com
FEGrox, [06.02.21 21:24]
[ Photo ]
Crypto94| Owner of Infinity Gainz, [06.02.21 21:24]
[In reply to $FEG 4 LIFE]
That is why $RFI did over 200x because it was so simple, yet so rewarding
$FEG 4 LIFE, [06.02.21 21:25]
[In reply to Crypto94| Owner of Infinity Gainz]
only, we have more room for everyone
$FEG 4 LIFE, [06.02.21 21:25]
the price will never be as high
$FEG 4 LIFE, [06.02.21 21:25]
everyone will be able to afford it
$FEG 4 LIFE, [06.02.21 21:25]
0.0000000001
FEGrox, [06.02.21 21:25]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes too bad the owner was a known scammer, thats where FEG started lol Initially it was a meme token to blast the owner, but we rebranded it. Really we wanted a non scam token in their name to promote why you shouldn’t trust scammers
$FEG 4 LIFE, [06.02.21 21:27]
thats why we resigned ownership
$FEG 4 LIFE, [06.02.21 21:27]
so nothing can be changed on the contract
FEGrox, [06.02.21 21:27]
[In reply to $FEG 4 LIFE]
and locked liquidity
Crypto94| Owner of Infinity Gainz, [06.02.21 21:27]
[In reply to $FEG 4 LIFE]
Which leads us to my next question. Are you audited?
$FEG 4 LIFE, [06.02.21 21:27]
https://twitter.com/waronrugs/status/1356659127909568512?s=21
FEGrox, [06.02.21 21:28]
[In reply to Crypto94| Owner of Infinity Gainz]
No but we are verified by WOR. But RFI codes have been audited so it would be a waste of money on our end to reaudit them. We didnt change anything in the codes except the 2% rewards
Crypto94| Owner of Infinity Gainz, [06.02.21 21:28]
[In reply to $FEG 4 LIFE]
He has there a “fixed fee of 2%”.
Many projects like $ETHY/ $CORE and others can change the TX fee to up to 20% I believe.
Does the WOR audit ensure that $FEG devs cannot manually change the fees and “semi rug” by rewarding themselves a huge portion of the TX fees
FEGrox, [06.02.21 21:29]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes since the ownership was renounced nothing can be changed, the 2% fee was also hardcoded.
$FEG 4 LIFE, [06.02.21 21:29]
[In reply to Crypto94| Owner of Infinity Gainz]
yes it will always be 2%
FEGrox, [06.02.21 21:29]
[ Photo ]
FEGrox, [06.02.21 21:29]
Fixed fee
Crypto94| Owner of Infinity Gainz, [06.02.21 21:30]
[In reply to FEGrox]
Yes I seen that but I wanted to make sure of it
Crypto94| Owner of Infinity Gainz, [06.02.21 21:30]
Explain the Black Hole?
FEGrox, [06.02.21 21:31]
[ Photo ]
This guy didn’t hear my selling education segment lol but he did earn on his FEG. But still selling big chunks is not recommended for great growth
FEGrox, [06.02.21 21:31]
[In reply to FEGrox]
He turned 2 eth into 5.74, but that could have made him 20 overtime
FEGrox, [06.02.21 21:32]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes when we launched we sent 50% of tokens to the burn address, that address collects it’s share of rewards like all of us. As that amount grows the burn gets faster and faster, it will never stop burning
FEGrox, [06.02.21 21:32]
You can view it here
FEGrox, [06.02.21 21:33]
54,482,039,609,205,400.551378199 FEG BURNT
FEGrox, [06.02.21 21:33]
over 1% per day so far
Crypto94| Owner of Infinity Gainz, [06.02.21 21:34]
We’ll move to the team vetting portion.
You are ANON, how can we trust you?
FEGrox, [06.02.21 21:35]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes we are ANON, but it is defi after all. We did get KYC by POPsmoke the owner of Defigemhunterzz, also shappy (WOR) knows who we are. I know its hard to trust annon teams but thats why we renounced ownership and also locked liquidity for so long.
FEGrox, [06.02.21 21:35]
[In reply to Crypto94| Owner of Infinity Gainz]
Have you ever done KYC with anon teams?
Crypto94| Owner of Infinity Gainz, [06.02.21 21:36]
[In reply to FEGrox]
Yes but you being KYC’ed by Pop and DefiGemhunterzz is good enough for me
Crypto94| Owner of Infinity Gainz, [06.02.21 21:36]
Plus you are audited
FEGrox, [06.02.21 21:36]
[In reply to Crypto94| Owner of Infinity Gainz]
Great! I would jump on a video chat with you anytime
$FEG 4 LIFE, [06.02.21 21:36]
[In reply to FEGrox]
same we can do facetime
$FEG 4 LIFE, [06.02.21 21:37]
im sure we have a lot to talk about
FEGrox, [06.02.21 21:37]
[In reply to Crypto94| Owner of Infinity Gainz]
WOR would blast us if we ever did anything malicious
Crypto94| Owner of Infinity Gainz, [06.02.21 21:37]
https://team.finance/view-coin/0x854373387e41371ac6e307a1f29603c6fa10d872
Crypto94| Owner of Infinity Gainz, [06.02.21 21:37]
[ Photo ]
Crypto94| Owner of Infinity Gainz, [06.02.21 21:37]
Liquidity locked for 358 Days with Team Finance so all good by me 👌
FEGrox, [06.02.21 21:37]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes, we will send it to vitalik after lock lol
Crypto94| Owner of Infinity Gainz, [06.02.21 21:38]
Lol
FEGrox, [06.02.21 21:38]
Side note.
Crypto94| Owner of Infinity Gainz, [06.02.21 21:39]
Your token utility currently has the Rewards function of “hodl and be rewarded”.
Will we see more functions to it as we move forward, for example hold a certain amount of tokens and get an NFT?
FEGrox, [06.02.21 21:39]
All of our chat MODs are volunteers and I shared my wallet with them I will never sell more then my rewards. I did allocate some FEG for promo but are using them very very cautiously
FEGrox, [06.02.21 21:39]
[In reply to Crypto94| Owner of Infinity Gainz]
YES! we actually will announce something big during this ama
Crypto94| Owner of Infinity Gainz, [06.02.21 21:39]
Your community is unbelievably LIVE and ORGANIC, I could see great success on the NFT space
FEGrox, [06.02.21 21:39]
@Wallstreetbettss I will give you the floor on that one
Crypto94| Owner of Infinity Gainz, [06.02.21 21:40]
[In reply to FEGrox]
Lets hear it
FEGrox, [06.02.21 21:40]
[In reply to Crypto94| Owner of Infinity Gainz]
We are currently working with some top end designers for that, really it comes down to having the best designer. I can code NFT all day long, but the art is where its at.
FEGrox, [06.02.21 21:40]
As soon as we pick the artist we will bring out the NFT
FEGrox, [06.02.21 21:41]
But again the artist is the key
FEGrox, [06.02.21 21:41]
So we are not rushing that part
$FEG 4 LIFE, [06.02.21 21:41]
[In reply to FEGrox]
wich one
FEGrox, [06.02.21 21:41]
[In reply to $FEG 4 LIFE]
LOL true we have many plans
FEGrox, [06.02.21 21:41]
One thing you get with FEG team is real DEVs
$FEG 4 LIFE, [06.02.21 21:42]
so
Crypto94| Owner of Infinity Gainz, [06.02.21 21:42]
So NFTs are comming
Crypto94| Owner of Infinity Gainz, [06.02.21 21:42]
Anything else?
$FEG 4 LIFE, [06.02.21 21:43]
that was the news we were talking about
Crypto94| Owner of Infinity Gainz, [06.02.21 21:44]
Wow amazing. FEGSWAP 🔥🔥
FEGrox, [06.02.21 21:44]
I am working with some other top end dev’s to deliver FEGswap, we already secured the domain.
It will not be a fork of uniswap, it will handle the custom mechanics of defi tokens!
FEGrox, [06.02.21 21:45]
The main dev helping out with the build on our end is @TRY_Tony , we just announced a partnership with them yesterday
FEGrox, [06.02.21 21:46]
I am sure you all know of Tony he rebuilt the vaults on YELD to make them secure
Crypto94| Owner of Infinity Gainz, [06.02.21 21:46]
[In reply to FEGrox]
Seriously? He worked on $YELD vaults?
$FEG 4 LIFE, [06.02.21 21:46]
[In reply to Crypto94| Owner of Infinity Gainz]
fixed it
FEGrox, [06.02.21 21:46]
[In reply to Crypto94| Owner of Infinity Gainz]
Yeah YELD even did a shout out on their medium
FEGrox, [06.02.21 21:46]
Very respected dev
Crypto94| Owner of Infinity Gainz, [06.02.21 21:47]
[In reply to FEGrox]
You got the Medium? If not, its ok
FEGrox, [06.02.21 21:47]
let me see
Crypto94| Owner of Infinity Gainz, [06.02.21 21:47]
When will Fegswap go live?
FEGrox, [06.02.21 21:47]
https://yeldf.medium.com/say-hello-to-yeld-v4-117e8ca166
FEGrox, [06.02.21 21:48]
its on the bottom, not trying to promo other crypto but verifying the medium
FEGrox, [06.02.21 21:48]
[In reply to Crypto94| Owner of Infinity Gainz]
Really we will need a few weeks to get it all perfect
FEGrox, [06.02.21 21:48]
But working with Tony I am sure we will knock out the tech fast
FEGrox, [06.02.21 21:49]
[In reply to FEGrox]
[ Photo ]
FEGrox, [06.02.21 21:49]
I am sure our partner just loved we dropped that during the ama lol
Crypto94| Owner of Infinity Gainz, [06.02.21 21:50]
I’ll be honest, you are one of the most prepared projects I have had in Infinity Gainz for an AMA.
Self Explainatory of what the project is
Team verified
Audited
Etc
Etc
$FEG 4 LIFE, [06.02.21 21:51]
i got rugged so many times
$FEG 4 LIFE, [06.02.21 21:51]
everyone did sure
Crypto94| Owner of Infinity Gainz, [06.02.21 21:51]
I am going to open the chat for a few seconds for AMA questions round
$FEG 4 LIFE, [06.02.21 21:51]
so we decided to create one that would be impossible to
Crypto94| Owner of Infinity Gainz, [06.02.21 21:51]
1st question you pick, will get rewarded $30
FEGrox, [06.02.21 21:51]
Let me add, we have some big youtubers lining up. Can’t share them until the videos drop though
Chainlinkboiiiiii Boiiii, [06.02.21 21:52]
If volume continues to pick up, can the token burn rate cause 99.9% of the supply to be burned even faster, basically making the token worth more and holders multi millionaires left and right? If they are patient lol.
CrytpoHobby, [06.02.21 21:52]
RFI’s succes can be linked to partnership with several farming projects — any plans for FEG?
FEGrox, [06.02.21 21:57]
[In reply to Chainlinkboiiiiii Boiiii]
Yes volume will burn the token even faster, right now we have ok volume but if we really explode (we have that chance) then the burn rate gets faster and faster. The black hole is exactly that a black hole, as it grows so does it’s hunger to burn.
This has the chance to make people a lot of money, but they need to be educated in how to sell to not hurt the project! Again its best if you sell your initial investment x2 and then let your rewards pay you for the life of the project. Yes 2–5x returns are nice, but you can see 100x overtime if you just collect your rewards and sell them slowly. I would recommend over and over again to only sell in smaller chunks really this way your always around incase we really take off anyways. On a gem like this you dont want to miss the ride.
FEGrox, [06.02.21 21:59]
[In reply to CrytpoHobby]
Yes that’s why we did some partnerships with TRY and RFIII, to allow for some of our FEG promotional funds to be allocated for farming FEG. This will increase our holder counts which is idea, if any bigger projects are watching this now contact me and we can discuss this
FEGrox, [06.02.21 22:00]
Also not to sound corny, we are reaching out to charitable organizations to actually help feed gorillas in real life!
Crypto94| Owner of Infinity Gainz, [06.02.21 22:00]
[In reply to FEGrox]
I think people don’t understand what Compound Interest is
Albert Einstein is reputed to have said, “Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it.”
FEGrox, [06.02.21 22:00]
[In reply to Crypto94| Owner of Infinity Gainz]
If you hodl you will be like the blackhole, your rewards will compound and come in faster and faster
Crypto94| Owner of Infinity Gainz, [06.02.21 22:01]
I once issued a “Portfolio Changing Call” here in Infinity Gainz for $DOKI and just on Compounded interest alone, many became millionaires plus the price skyrocketed
Kartika, [06.02.21 22:01]
Hello Sir @FEGrox I have a question about #FegSwap which you will later launch with “0 GAS” on ETH. How do I achieve the 0th reduction of the high rates currently affecting those using ETH?🙏
Crypto94| Owner of Infinity Gainz, [06.02.21 22:01]
Its important they learn how the rewards work
FEGrox, [06.02.21 22:01]
[In reply to Kartika]
it will be 0 fee to swap FEG, you will still need to pay ETH gas, but the 0 swap fee will offset it
FEGrox, [06.02.21 22:02]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes, also more importantly how to properly sell
Crypto94| Owner of Infinity Gainz, [06.02.21 22:03]
What can we expect to see in the coming days and weeks in terms of development and especially marketing? Any immediate catalysts?
You mentioned youtubers earlier
FEGrox, [06.02.21 22:04]
[In reply to Crypto94| Owner of Infinity Gainz]
Over the next few days you can see some bigger youtubers picking it up. We are also working hard on some bigger twitter influencers. Really its starting to get easier and easier to line up the right influencers on this project
$FEG 4 LIFE, [06.02.21 22:04]
[In reply to FEGrox]
and most of all , we know our APES will bring future APES to the FAMILY🦍
$FEG 4 LIFE, [06.02.21 22:04]
Youve seen how we work together
FEGrox, [06.02.21 22:05]
I think we need to preach proper selling educations all day long
Kartika, [06.02.21 22:05]
[In reply to FEGrox]
Okay, I understand …. Because the cost of gas at the moment is causing headaches😊🙏
$FEG 4 LIFE, [06.02.21 22:06]
there will always be people willing to sell even tho they get good rewards dont get me wrong but as we grow, people will relise that a dump is worth something
Crypto94| Owner of Infinity Gainz, [06.02.21 22:07]
What is your current circulating supply and total supply?
FEGrox, [06.02.21 22:07]
Selling is good when you know how to do it, really it allows people better entry. Charts cannot go up up up then they go down down down just as fast, I will take organic growth all day long
$FEG 4 LIFE, [06.02.21 22:07]
PASSIVE INCOME
FEGrox, [06.02.21 22:07]
[In reply to Crypto94| Owner of Infinity Gainz]
Starting supply was 100 Quadrillion now its just under 46 Quadrillion
Crypto94| Owner of Infinity Gainz, [06.02.21 22:07]
[In reply to FEGrox]
Lol you serious?
FEGrox, [06.02.21 22:07]
All supply besides black hole is circulating
Crypto94| Owner of Infinity Gainz, [06.02.21 22:07]
Is that a new record?
FEGrox, [06.02.21 22:08]
[In reply to Crypto94| Owner of Infinity Gainz]
Yes that’s kind of what makes this special, people love to have 100 billion tokens
FEGrox, [06.02.21 22:08]
[In reply to Crypto94| Owner of Infinity Gainz]
I think it is
FEGrox, [06.02.21 22:08]
It really was part of the perfect storm recipe
FEGrox, [06.02.21 22:09]
[ Photo ]
306x from launch to first ATH shows something was done right. We are now looking at our 3rd leg.
$FEG 4 LIFE, [06.02.21 22:09]
i wouldve called it infinity gainzz but… its already taken
FEGrox, [06.02.21 22:09]
[In reply to FEGrox]
I wanted to share this here because it speaks volumes
Crypto94| Owner of Infinity Gainz, [06.02.21 22:10]
This concludes the $FEG AMa.
Personally, I am bullish.
Reasons?
-audited
-team KYC’ed
-Ownership renounced
-very supportive and hyped $FEG community
-NFTs coomming
-FEGSwap
-Youtubers in the comming days
-Chart is bullish
