Decentralized Club
7 min readMar 1, 2022

AMA with Fairdesk

On the 24th of February, 2022 at 17:00 UTC, Decentralized Club had the honor of hosting Joey Li (Event Manager) from FairDesk for an Ask-Me-Anything session on their Telegram page with a community of over 70,000 people. It was hosted by DC Admin, May.

The session was divided into three segments. Introductions were made in Segment 1, questions from the Twitter community were answered in Segment 2, and live questions from the community members in attendance were answered in Segment 3.

If you missed this event and would like to know what FairDesk is all about, you can find a recap of the interview here. Information here should be researched and should not be taken as investment or financial advice. Also note that slight edits have been made for clarity, and links in this recap lead to images, documents, or other media.

Segment 1 - Introduction

[May]

Hello, 大家好, नमस्ते, Selamat!

It's your favorite host, May, again 🥳

We're expecting an amazing session with the guest from FairDesk today!

[Joey Li]

Hello everyone

[May]

Hello @ajoey91

You’re welcome to the Decentralized Club

[Joey Li]

Thanks

Nice to meet you all🎉

[May]

It’s a pleasure to have you here!

How’s your day going?

[Joey Li]

Pretty nice day

Hope you all doing good today

[May]

Yes, we are!

Can you please introduce yourself to our community and your role at FairDesk?

[Joey Li]

Sure!

I'm Joey Li and I'm the event manager at Fairdesk Derivatives Trading Platform

It was a pleasure to be here with you today for an AMA!

[May]

The pleasure is ours as well!

Let’s get right into the session! Hoping to have an amazing time.

[Joey Li]

Let's get it now 💎

[May]

Can you briefly tell what FairDesk is about? We would like to know more about it and the inspiration that birthed the project.

[Joey Li]

Fairdesk is a brand new Crypto Derivatives Trading Platform. As our name Fair, Fairdesk is all about Fairness and Profits. We created a new trading platform because we found it hard to make profits from the exchanges. After all, they charge a high fee and are not fair for the users. We want everybody to come to the Desk and trade for more profits.

[May]

Impressive!

What are the innovative solutions that distinguish FairDesk from other similar derivatives trading projects and what competitive advantages do you have?

[Joey Li]

The biggest innovation at Fairdesk at the moment is that we solve the low profit brought by the high fee. We have a simple UI design and easy-to-operate professional trading pages to help both novice and professional traders to make profits that cannot be obtained in other exchanges in the bull market and bear market. Our advantage is that it is easy to achieve profitability, and we are confident that our rates are uncompetitive with other exchanges.

[May]

👏🏻👏🏻👏🏻

What are the KYC requirements for traders on your platform?

[Joey Li]

We currently do not need KYC, and anyone can experience trading on our platform unconditionally. Our vision is to popularize financial knowledge, popularize trading, and enable more people to participate in encrypted trading.

[May]

That’s great!

How do we acquire your native project token and why is it important to hold it from an investment point of view?

[Joey Li]

Fairdesk token, aka FDT. It has not been released yet, but some users have already obtained it through airdrops. There are two ways to obtain FDT: trade mining and airdrops. We have opened trade mining and we will hold airdrops from time to time. Next, we will launch spot trading soon, and then open FDT/USDT trading and listing on major exchanges. FDT is the cornerstone of Fairdesk's ecosystem, holding FDT can own DAO RIghts, participate in our follow-up Launchpad, NFT auction, Staking, etc.

We have strong technology and sufficient resources, and complete planning, now is the best investment period to join us :)

[May]

Can you please share your social media links with us so we can keep tabs on your community?

[Joey Li]

website: https://www.fairdesk.com/

Twitter : https://twitter.com/FairdeskGlobal

Tg channel : https://t.me/fairdesk_official

Welcome to join us!

[May]

https://t.me/decentralized_club/738129

[May]

What are the 2021 highlights from FairDesk and what should we look forward to this year?

[Joey Li]

In 2021, we realized the establishment of the company and the formation of the core team. In 2022, we will do more defi projects to promote the development of the entire blockchain.

[May]

That’s impressive!

Looking forward to the developments for this year.

[Joey Li]

Let's see what magic will happen this year

[May]

Exactly! It’s now time to take some questions from our Twitter community. Are you ready?

[Joey Li]

Yes

[May]

Awesome!

Segment 2 - Twitter Questions

[May]

Is FairDesk friendly for beginners, or is it only for professional traders? How do you plan to improve the interaction with new users without any technical knowledge and with users outside the crypto space?

Twitter Username: @langitberwarna

[Joey Li]

Fairdesk is a beginner-friendly trading platform, and our professional trading experience can satisfy all professional traders. We have the Fairdesk Academy section for beginners to learn the knowledge of futures exchanges.

[May]

Is the FairDesk Academy Section on the trading platform?

[Joey Li]

Yes, here:https://www.fairdesk.com/academy

[May]

Great!

Almost 4/5 of investors are focused purely on the price of a token in the short term instead of understanding the real value and health of the project. Could you tell us the motivations and benefits for investors to hold your token in the long term?

Twitter Username: @SohanHasan22

[Joey Li]

Like I just said, We are not only doing futures exchanges, we will involve more defi-native projects and solutions in 2022. These will be closely related to FDT. I suggest that investors can follow us for the long term and make their own decisions.

[May]

👏🏻👏🏻👏🏻

What plans do you have to grow #Fairdesk Exchange rapidly in terms of users, global market, and partners? What are your strategies in building a big and strong community?

Twitter Username: @xsikur

[Joey Li]

Strong technology and sufficient capital attract industry-recognized partners to join our project, and we have now cooperated with Cointelegraph, Bloomberg, and other financial and crypto industry-leading media. Technically we also cooperate with binance. Regarding community operations, we are open to recruiting employees from different regions, and we hope that more people will join us and work with us.

[May]

I see big names in crypto! FairDesk is doing so well 👏🏻

Everyone, please join

https://t.me/fairdesk_official

[Joey Li]

Don't forget to register at: https://www.fairdesk.com/

haha

[May]

Yes!

What should be considered in choosing a safe and reliable trading platform from FairDesk's point of view?

Twitter Username: @ElenaFelll

[Joey Li]

The first point is security. If the funds are not safe, everything else is illusory. The technical team is the root of everything. The second point is liquidity. Lack of liquidity on exchanges will increase the slippage of traders' orders, which is a very important issue. The third point is the trading rate, which is also an exclusive advantage of Fairdesk. We have the lowest rate of exchanges on the entire network.

[May]

Can you tell us about your "Fairdesk" team members? Are they qualified and professional in their fields? What are the recruiting qualifications for team members for your extraordinary project? Thank you...Is your project listed on coingecko and coinmarketcap or not???

Twitter Username: @chan44205140

[Joey Li]

Our core team members are from Morgan Stanley and Binance. Fairdesk CEO Jacky Cai is the previous VP from Morgan Stanley.

We are not listed on CG or CMC yet but we will make it happen soon

[May]

That’s great news!

We’ll celebrate here when it happens 🥳

It’s now time to take questions from our live audience

Are you ready?

[Joey Li]

Let's go

[May]

In this 3rd segment, I will open the group for some seconds for the live community to shoot you some pressing questions.

Please pick five original questions to answer.

Try to ignore generic, vague, and copy-paste questions 😊

[May]

Ready?

Dear guest, what’s your favorite video game?

[Joey Li]

uh

Maybe GTA5

lol

[May]

Nice!

Dear community, please include the guest’s answer in your questions to show originality

The group will be unmuted shortly

---Chat was then opened for the live community to send in their questions---

[May]

As a measure to deter bots and reward hunters, your favorite game has been included in the questions so you can tell original questions apart!

Please choose the best 5 questions and answer them!

Segment 3 - Live Questions

[joshua]

GTA5 #fairdesk support community suggestions and feedback?

Are you a decentralized platform, how important do you consider the community?

[Joey Li]

We will always listen to our users and clients. Finance is a service industry and is all based on customers. Since we don't need KYC and we will handle mostly DeFi projects this year, yes we are a decentralized platform. GTA5

[Kencrot]

Can you give an overview of Fairdesk tokenomics? Will the design of the token rise and fall with the success of the platform, does it include any scarce paths, such as equity, storage, or burning?

[Joey Li]

Learn FDT details at: https://www.fairdesk.com/fdt

[Vanila Doujinshi]

Is Fairdesk also suitable for beginners? Or is it just appealing to professional users?

[Joey Li]

Fairdesk is for everyone, we want to promote crypto trading and futures.

[ARA ARA]

Is Fairdesk available to individuals all over the world, or is it restricted to a certain region? Are you guys planning to make it available internationally?

[Joey Li]

We support users from worldwide, there's a restriction on regions.

[Topis AIA]

I'm interested in staking, what benefit can holders obtain in staking on Fairdesk?

[Joey Li]

Grow your money with the development of our projects.

I'm willing to give everyone some random amount FDT from 3 - 10 today here long as you register at Fairdesk: https://www.fairdesk.com/

Don't forget to join our community: https://t.me/fairdesk_official

More exciting events and the campaign will be coming

[May]

Awesome!

It’s a wrap!

[Joey Li]

Please let everyone know

[May]

Thank you so much for your time in our community today!

[Joey Li]

and join our project, have a great day everyone

Thank you

[May]

Our warm regards to the rest of the awesome team at the FairDesk HQ working tirelessly to make this project a success!

Until next time, do have a great day as well 🥳

The AMA with FairDesk is now over

Decentralized Club

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