BlockTalks x TKNT Foundation AMA Transcript!
By: Block Talks
Tags: Defi, Polkadot Network, Staking, Tknt, Blockchain

Questions Asked by our BlockTalks Community Members during live Session for the TKNT Foundation CEO!

Q1. How does TKNT Mining work? Do I need big machines like bitcoin antminer to mine TKNT?

Ans — TKNT mining strategy is simple. All you have to do is bet inside gaming blockchain platform tkn.com. Win or lose, you get your TKNT. All you have to do is bet.

Q2.What are the benefits of holding TKNT tokens?

How does TKNT Foundation plan to dominate the DeFi market?

Ans — TKNT provides Defi wallet service within its own platform. It will be an optimized platform for users who are looking for any decentralized financial service such as landing, staking, swap, insurance, etc. KNT does not require unreasonable interest payment for it can be simply mined through Bet-Mining at TKN.COM, active within existing user base. Plus the value of the token continues to rise due to the half-life coming from Bet-Mining.

Although TKNT is not an STO token, we believe that each TKNT token holder is a shareholder of the TKNT Foundation. Of the current total issuance of 1 ths to 2 years, and after the lock-up period is released, 5% is distributed every month.

billion, the total circulation volume on the two exchanges in Korea and China does not exceed 20 million. The amount distributed to the team and partners has a lock-up period of at least 3 mon

Existing tokens and future tokens will enter the automatic staking and swap pool for one year. This will prevent unexpected tokens from being released to the market.

In addition, through collaboration with TKN.COM, the TKNT Foundation buys back and burns 15% of TKN.COM’s commission income every month from the exchange.

Through these methods, we plan to create the value of TKNT, and the incinerated tokens will be sent to the address 0x000000000000000000000000000000000000dead. This will be continuously notified through the website and official channels.

Q3. I am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token ?

Ans — Good question. As a cryptocurrency investor and VC owner, I do not invest in just one project. Although I don’t recommend this method of management, I do find it important to building own portfolio to hedge risks, because the cryptocurrency market is not yet stable.

The most obvious factor that stands out in TKNT is that the foundation is very transparent. As mentioned above, all distribution quantities will be announced through the website or community.With this policy, we listed on a small exchange in Korea and created more than 5,000 TKNT holders in two weeks. Of course, it may be insignificant compared to the Chinese market or BKEX, it caused quite a sensation in Korea.

Currently we are spending the outmost energy on marketing and technology development to grow the platform to the best.

Q4. What’s your plans for global expansion,on building and developing or getting customers and users, or partnerships?

Ans — Last Sunday, we had one offline event in Bangkok, Thailand. Our CTO and CMO participated and made a speech over there. Since the world is in Covid-19 crisis, we are working hard on the online first. And you can see, we are targeting whole Asia, including China, Korea, Japan, SE Asia, and Europe, middle east, and other countries time to time. For China, we are exclusively working with some major partners. And we have more than 5 Chinese staffs who can directly talking with all Chinese holders. We welcome all participants.

Q5. What is the next large MILESTONES prepared in your project? Do you want to convince big companies? What about community development? Is the plan on schedule? Are you developing well on social networks and experts?

Ans — Crypto currency is quite unstable. It is from many reasons. But one thing we can make sure is that TKNT foundation is very transparent. We will announce every single move that we are going to do, and we hope it can bring successful story for many people.

Regarding the event, we are holding quite big event with BKEX this week. 50,000USDT worth of event. In Korea, there is another big event for Korean users. By doing those event, we will communicate with our holders and payback as much as possible to be one of the successful project.

Q6. How do you create those games? You have any sub partner to work on this regard? Thank you!

Ans — TKN.COM works with BetProtocol, our serivce provider. Betprotocol is in charge of our security and development. We will soon implement Sports and Esports betting, live casino to the platform. Please stay tuned:)

Closing Note — TKNT will continue to froward to the next level. Please look forward to our progress currently skyrocketing in BKEX. TKNT is currently recording 1300%+ rise in price in BKEX. Stay with us in our wonderful journey. We will soon come back with staking services along with officially laucnhing DeFi services in the near future. Stay tuned!

TNKT Chart from BKEX Exchange

Here are some important links of TKNT Foundation 👇

Official Website — https://www.tknt.io/

Medium — https://medium.com/@tknt

Twitter — https://twitter.com/tkntfoundation

TKNT Global Official Channel: https://t.me/tknt_official

TKNT Official Indonesia: https://t.me/TKNTindonesia

TKNT Official Bangladesh: https://t.me/tknt_bangladesh