Froggies Token [OLD]

Below you can find a short recap on the subjects we have covered during our last Telegram AMA. Please see also this link if you prefer to listen to it: <a href="https://t.me/FroggiesTokenAnnouncements/3" rel="noopener noreferrer nofollow">https://t.me/FroggiesTokenAnnouncements/3</a> Places the team is fromOur entire core team is entirely from Europe; Holland, Poland, Denmark, Austria and Germany. Also we have moderators helping us out on our communities, they are from a large variety of countries; Nigeria, China, Turkey, Indonesia and the United States.A little background of teamFroggies Token is not a new token, we are here already since November 2021. The main driver behind starting this project was the many rug-pull projects the founders had to experience. They wanted to create a long-term project with transparency and honesty. Delivering promises is our main goal, resulting in become a top 2nd Gen Memecoin on the market. Our core team consists of 8, and each of us have their own skills. We basically cover each required aspect of the industry, and with our team we will be able to also deliver in a bear market. StakingOur staking platform RichRibbit is currently in full development. The smart contract is almost done and will soon be audited by a 3rd party audit-company.The main idea behind the staking platform is to provide our holders with attractive APY’s and the possibility to burn off the supply while doing so. Available staking periods will be 3 months, 6 months and 1 year. Estimated launch would be end of March this year.BurnMany are worried about the large supply and the burning mechanism of $FRGST. We as a core team are not worried about this at all, because we know what we are doing to support the burning now, and in the future. All our upcoming utility will support the burning of our supply. All our utility in the future will also adapt this approach. Next to that we have a 2% burn tax, and a chunk from our 3% reflections is automatically going to our burn wallet.What do we expect to burn short-term? We think we should be able to burn close to or over 50% of the supply still this year.GrowthOur hard work has been paid of with major growth in the past weeks. We went from 1600 holders to almost 2700 holders, and our community is very active and vibrant. We will be working on growth mainly by providing use-case for our token through utility and accessibility (think CEX, DEX). We also believe that we have the potential to gain numbers of holders that is rarely seen on Memecoin projects. See next (marketing plans) to see how we will be achieving this.Marketing plans In the past months we have not so much invested in marketing, but we have good reasons for that. We are supporters of proper marketing investments, but we think investing a lot in marketing does not make any sense till you deliver.Soon when we will release our fully functional P2E, and the RichRibbit staking platform, we will be investing more in marketing and start a push. We have a wallet prepared for this and is just waiting on delivery. We are shortlisting influencers we want to work with, because most of the influencers are taking 1000’s of dollars and their support will not gain much attention. Why? Because many influencers have a very low ‘real’ level of engagement. We will only invest and work with influencers that have gone through our ‘Due Diligence’ process. Next to that we have our ambassador program which consists of a group of 70-80 active people shilling and promoting our project on multiple social platforms. This program has proven to be very effective, and we will be expanding its capabilities in the next months. Additional informationWe constantly have our eyes open for opportunities on the market. Our core team is also seeking partnerships with can be meaningful for us as a project, and for our holders.What we are most proud of, is that our community, holders, and core team are all on one line. Create a stable and higher floor, and from there continue a push upwards. We will together reach higher heights by delivering our promises and keeping a common sense of trust and patience. Thank you for reading this recap. If you have any questions, please join our Telegram community-chat, and our community will support. Useful links: <a href="https://www.froggiestoken.com" rel="noopener noreferrer nofollow">Website </a>| <a href="https://www.everlost.io" rel="noopener noreferrer nofollow">EVERLOST P2E</a> | <a href="https://t.me/officialfroggiestoken" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.twitter.com/froggiestoken" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://pancakeswap.finance/swap?outputCurrency&#61;0x7029994f28fd39ff934A96b25591D250A2183f67&amp;inputCurrency&#61;BNB" rel="noopener noreferrer nofollow">Buy $FRGST</a>

AMA Recap - February 2023

Froggies Token

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