On January 26th 2022, we warmly welcome Ms. Hailey – Marketing & Business Development of Fado Go to CMC Capital to join our AMA to give the project’s core features and roadmap, as well as to address the community’s concerns regarding the project.
📅 Time: 8PM UTC+7 on Wednesday, January 26th 2022
🏡 Venue: t.me/cmccapitalVN
CMC Capital was founded in Q1, 2021, and has been important in the Vietnamese crypto market due to its strong commitment and passion for the crypto world. We have taken the first step ahead by interacting with over +10 investors and seeding over 20 blockchain startups at the time of this report.
CMC Capital’s aim and goal are to exploit DIAMOND IN THE ROAD – previously unknown prospective projects will be exploited; we vote solitude for long- and short-term investment based on democratic voice community.
Below are some main points of this AMA session:
Part 1: INTRODUCING ABOUT TAP FADO GO
1. Hi Ms. Hailey, can you please introduce yourself and a brief overview of FADO Go?
Hailey: Hello everyone, I’m Hailey, Marketing & Business Development representative of FADO Go. My pleasure to present with CMC community today about FADO Go. Some quick introduction about myself before we start. I start my career in the marketing and e-commerce business, and my whole career is dedicated to the blockchain & crypto space. I am lucky to have the chance to work for FADO Go, the leading shopping-to-earn platform powered by blockchain and cryptocurrency. So, I am very excited to tell you more about my company, FADO Go.
FADO Go is a SocialFi E-commerce platform that makes cross-border shopping easy through proxy purchasing, package forwarding, and live shopping solutions on the blockchain, while connecting consumers, brands, KOLs & logistics providers on a unified, global network. I have dedicated myself to helping with FADO Go project since day 1 and believe that it is the most promising project that I have joined and developed.
2. You mentioned in your recent post the tagline that you will be going to “RESHAPING Online Shopping”, can you provide some details on how you plan to do this?
Hailey: At the first stage, FADO Go is the Shopping-To-Earn platform where consumers can shop online from G7 markets and earn loyalty rewards in tokens for every purchase. In the next stage, we will enable Dropping To Earn which allows people to use our international shipping service and earn tokens. Eventually, we will plug in Live Streaming platform to let everyone enjoy live shopping and have a sense of entertainment while shopping with us. We will also accept crypto payments on FADO Go platform, meaning that crypto users can use cryptocurrencies to pay for their favorite products & services – this is real-life adoption for cryptocurrencies.
FADO Go creates a dual-token ecosystem with FADO (Utility Token) and FGT (Governance Token) to establish sustainable and long-term business growth. FADO will be fair-launched to the community via IDO Launchpads, meaning the private and IDO price will be the same. We aim to raise funds for the governance token FGT and do an IEO in the next 6 months after the FADO token release.
For more details, please read our Pitch Deck provided in our Telegram group: https://t.me/fado_go
Anne: Yes, thank you very much for your detailed and fruitful sharings about Fado Go. To continue today’s AMA, as our members here would love to hear more about the project, therefore right now we’re going to start phase 2 with 5 pre-collected questions from Twitter
Part 2: PRE-COLLECTED QUESTIONS FROM TWITTER
1. How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates? @Beoo42121309
Hailey: You can get updates about our project on our official channels:
– Website: https://fadogo.io/
– Telegram Global Community: https://t.me/fado_go
– Telegram Announcement Channel: https://t.me/fado_go_broadcast
– Token Website: https://token.fadogo.io/
– Twitter: https://twitter.com/fado_go
– Telegram Vietnamese Community: https://t.me/fado_go_vietnam
Or you can simply access to our linktree to get full information: https://linktr.ee/FADO_Go
2. Community is one of the most important elements to the project success. Most projects have user interaction. Will FADO Go have any special plan to connect and expand the community and improve users’ experience? @thuytrang291
Hailey: The most exciting thing about FADO Go is the live shopping platform we will develop according to our roadmap. Live shopping is more highly engaging user experience and goes way beyond simply clicking and filling up a shopping cart compared to traditional e-commerce platforms. We will connect millions of shoppers, KOLs, brands and logistics companies in a unified, global ecosystem.
3. FADO Go contains two tokens, $FADO and $FGT, as far as I can see. Could you tell us what these tokens duties are and what they’re used for? Is it necessary for me to own both of these tokens in order to participate in governance? @Shinpoka9984
Hailey: FADO utility token used to reward loyal shoppers, content creators (KOLs) and brands. Users can earn tokens by purchasing goods, using shipping service or watching livestream. With FADO token, FADO Go will empower and join millions of shoppers, KOLs, brands, and e-commerce partners in a unified network. FADO token holders will be prioritized with special benefits for the coming FGT governance token sales.
FGT governance tokens represent voting powers in the ecosystem and have the deflation mechanism through Buy Back & Burn based on FADO Go’s revenue. FGT token metrics will be finalized with more details based on the utility token valuation. FGT token sale will raise funds to develop the SocialFi Live Shopping platform on FADO Go.
FADO holders will be prioritized in FGT token sale with special discounts & benefits.
Shoppers will be able to earn extra income with FADO Go if they stake either or both tokens, participate in key governance votes, and pay for goods & services on our shopping platform…
4. Without a maximum Marketing system and large capital, the Project will die. How do you convince us that you have or have a good marketing system and a large amount of capital to build this project into a bigger and bigger one in the future? @Iron_manss
Hailey: Our rich ecosystem, including Fado.vn, Fado168 (Fado Cambodia) and Giaonhan247 with +1.5M users, is a special key point in our marketing strategy. We will leverage our existing users base to build a strong and healthy community for FADO Go. Besides that, our strategic partners & investors such as Roseon, BSCStation, Miczone, Launchzone, etc. are also one of the key factors to promote us to more and more potential users/customers
5. Can you present the overview of the vision and mission of the project? @VhgThuan
Hailey: FADO Go’s vision is to empower users to make money based on their social engagements and strive to become the first SocialFi DAO in e-commerce. We want to create the world’s first Shopping-To-Earn platform on blockchain with first-of-a-kind revenue-sharing smart contract and build a global network of shoppers, micro-influencers, brands, and logistics providers on a decentralized network.
Anne: Thank you for your detailed and easy-to-understand answers. With the above answers, I believe that everyone in the group has a better understanding as well as adding a lot of information about the project. Now we will move to the next part, the part that everyone is waiting
Part 3: LIVE QUESTIONS
1. Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships?
Hailey: Of course, FADO Go has strategic partners from all over the world, such as Coin98 Wallet, NOWPayments, Moonka, Kardiachain, Africa Blockchain Institute, TomoChain, Defily, HUUK, etc. In the near future, we will continuously update details about these cooperations and expand our ecosystem with more valuable partnerships.
2. Do you have any plan to cooperate with influencers or streamers in the future?
Hailey: Of course, we have been in touch with few international and local KOLs/influencers in our network to collaborate with us. In our business strategy, we will focus on micro-influencers segment, partner up with influencer platforms as well as innovate fan token issuance.
The blockchain-enabled fan token integration could promise to unlock micro-contributions from the global followers bases of influencers doing e-commerce. Basically, followers can purchase fan tokens from their favorite KOLs and later can trade fan tokens with other cryptocurrencies.
As a result, followers can leverage their tokens to earn certain benefits in relation to their KOLs. This includes the ability to have access to exclusive Fan Club rewards
3. What is PROJECT’s revenue model? In which ways do you generate revenue/profit?
Hailey: The Fadogo.io business is driven by gross merchandise value (GMV), the total volume of goods sold on our mainstream platform. Our largest source of revenue is mainly generated from global customers’ orders (wholesalers, retailers, individuals) on Fadogo.io. Moreover, FADO Go revenue can also from Logistics service sale, Live streaming service, DeFi revenues, and more.
For more information, you can read through here: https://docs.fadogo.io/business-model/revenue-streams
4. How do you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?
Hailey: Yes because we are a global project, as “FADO Go” means “Fado Global”, therefore, we will focus on every countries in the world. So we will definitely build as much as local community for you guys to better understand about us.
5. How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?
Hailey: We are a huge team with a lot of people working day by day in many different fields to pursue our goal. So it’s hard for me to count. But for sure, our team members, advisors, and partners all have extensive experiences in blockchain, logistic and ecommerce, etc. So you don’t have to worry about that.
To know more about our team, you can read our PitchDeck/Whitepaper or join our official Telegram group via our Linktree: https://linktr.ee/FADO_Go
Seems we have numerous questions regarding the project that need to be addressed, but time is running out. For any remaining questions, guys feel free to conduct research using the links below:
https://t.me/fado_go_broadcast
