💬 AMA-session with the CEO Fastmint Raymond Rostock.

A lot of interesting questions and answers.

Time cods:

0:23 - About me

1:12 - About Fastmint

6:08 - What platform it works on

7:15 - What problems Fastmint solves

10:41 - Utility Coins FMC

13:31 - How many coins are required to become a Fastmint network validator?

14:08 - Segregation Period

15:00 - What is inflation in the Fastmint network

16:35 - What built-in marketing tools does Fastmint offer on its own pump platform?

17:40 - What is the Utility of the token

18:22 - Will there be a distribution of MT rewards for activity in the project

19:08 - What are the main sources of revenue for the ecosystem

19:50 - Is there a total supply of the token?

22:08 - When will be going to launch?

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⚙️ Technical Works

We're making some technical changes, so there might be a few hiccups along the way. But don't worry, your progress will be saved.

🔄 Update: the technical work is over and the application is back up and running normally again

Thank you for staying with Fastmint

📊Fastmint Tokenomics

There are 4 000 000 000 FMC coins in total, with 60 000 000 available at the start.

Public Sale 1:
• Supply: 7 000 000 FMC
• Price: $0.18 per coin
• Lock-up: 24 months.

Public Sale 2:
• Supply: 7 000 000 FMC
• Price: $0.21 per coin
• Lock-up: 24 months.

Coin Distribution:

Team: 10 000 000 FMC, locked for 60 months

Community:

10 000 000 FMC, locked for 24 months

Development:

2 000 000 FMC, locked for 12 months

Advisors:

5 000 000 FMC, locked for 24 months

Liquidity:

9 000 000 FMC

❕ Some coins will be “burned” to reduce the total number of coins. This is done at the expense of transaction fees and unused rewards.

🚀500,000 People are With Us!

We’re so happy to announce that 500,000 people have joined our project 🎉

That's a very big accomplishment, and we couldn’t have done it without you.

And guess what?

🎁 Soon, we’re going to have an exciting contest just for you.

Keep watching our channel for the big news

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📣 Crypto Story Contest

We are celebrating 500 000 users🥳

To make this moment extra special, we are inviting you to join our fun contest.

How to join?

Just share your story about how you first heard about cryptocurrencies. You can talk about your first success or any challenges you faced in the comments on this post.

Important Details

• Winners: There will be 5 winners
• Prize: Each winner will receive 100,000 MT
• The contest starts today at 16:00 (UTC) and will last to 27.09.24 at 16:00 (UTC)

Good luck to everyone! 🍀

🎉 Crypto Story contest winners announcement

We are very happy to share the winners of our Crypto Story Contest!

To celebrate reaching 500,000 users, we asked you to tell us how you first heard about cryptocurrencies, and the stories you sent were amazing.

After reading so many great stories, we are excited to announce the 5 lucky winners! Each of them will get 100,000 MT 🎁

🏆The winners are:
1. @Quant8
2. @Alle_gobe
3. @DeCaFFeine
4. @vvv386
5. @Cher_Boroda

Your stories were inspiring and showed how special our community is. Thank you to everyone who joined.

Good luck with your crypto journey, and let’s reach even more big goals together 🚀

💎Delegate your FMC coins and earn rewards

We’re excited to share that you can now earn rewards by using your FMC coins through delegating. You can earn up to 22% in rewards every month!

🧐 Here’s how it works in simple terms:

• Pick a Node: Choose one of our available nodes and give your FMC coins to it (this is called "delegating").

• Earn Monthly Rewards: You’ll earn rewards every month for helping with the network.

• Become a Validator: If you delegate a lot of coins and meet certain requirements, you could become a Validator. This means you can start your own node and earn even more rewards from other people who delegate their coins to you.

User's Rewards:

- Supply: 60 000 000
Rewards: 8%, Total inflation: 13%
- Supply: 180 000 000
Rewards: 6%, Total inflation: 11%
- Supply: 720 000 000
Rewards: 4%, Total inflation: 9%
- Supply: 1 800 000 000
Rewards: 2%, Total inflation: 7%

Other Rewards:

-

Validators: 2%

-

Network: 3%

-

Affiliates: Up to 30%

The rewards are shared among all partners as part of the Affiliate Program. Any affiliate rewards not given out are removed (burned) in every block.

❕ Important: If you want to take back your coins (undelegate), you can do this, but there’s a 10% fee. It also takes 28 days to fully undelegate your coins.

💥 How much FMC can you buy at each level?

The Farming MT level system lets users slowly buy more FMC as they go up in levels. The higher your level, the more FMC you can buy.

Here’s how much FMC you can buy at each level:

• Level 1: 0 FMC
• Level 2: 150 FMC
• Level 3: 250 FMC
• Level 4: 400 FMC
• Level 5: 600 FMC
• Level 6: 900 FMC
• Level 7: 1 500 FMC
• Level 8: 3 000 FMC
• Level 9: 5 000 FMC

ℹ️You don’t have to buy everything at once. You can buy some FMC now and buy the rest later.

When you move to the next level, your limit doesn’t reset; it gets higher. For example:

If you bought 400 FMC at Level 4 and then moved to Level 5, where the limit is 600 FMC, you can buy another 200 FMC.

🔥 Level up to buy more FMC and unlock new opportunities!

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We just reached 700 000 users!🥳

🚀Just recently, we were celebrating 500 000 users, and now 200 000 more people have joined us. This is amazing, and we couldn’t have done it without all of you!

Get ready for more exciting news, this is just the start

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✅ Buy FMC

To buy FMC, you need to create a wallet first.

The «Buy FMC» button will show up on the main screen once your wallet is connected.

If you don’t see the button, it means you need to create or import a wallet:

👉 How to create a wallet

👉 How to import a wallet

👉 How to Buy FMC

⬇️The smallest amount you can buy is 10 USDT

⬆️The biggest amount you can buy depends on your MT mining level

❕You can buy the coin only for USDT using one of these networks: TRC20, BEP20, ERC20.

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✈️ Issues with Telegram

Our app, Fastmint, is functioning properly and remains stable. If you're experiencing difficulties, it is likely due to temporary issues with Telegram.

Please be patient while Telegram resolves these problems. We're closely monitoring the situation and appreciate your understanding!

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