Dear, Community,

Welcome to the recap of our AMA with BioFarm.
Our vibrant and enthusiastic community had a lot of questions to ask. To those who want to know quickly what BioFarm is about, we are sure this recap is gonna help you. So without further ado, continue reading 😉

✔️Introduction with BioFarm :👉

BILLY:
Q1. Can you please introduce yourself and also tell us a bit about BioFarm?

Sang Hyun:
Of course Yes.

I am Sang the dev of Biofarm, and I am very glad to be here today

i have been engaged in the research of technology application

especially in the field of financial encryption, and have helped medical and financial institutions to protect the security of sensitive data many times

The decentralization of the blockchain provides a development direction for the centralized financial system, changes the current global financial and currency structure, and better severs the public interest.

I will be telling you guys what inspired the Creation of this amazing project

Biofarm as the name implies seeks to bring life to a somewhat dead life. The aim is to provide vaccine for many hitherto unknown or unsolved virus or diseases, and even those known to mankind. The problems posed to mankind by viruses and diseases can not be totally solved, however, the vaccine BIOFARM brings to the table ensures humans are protected and immuned from such attacks. Thus, we are a world plagued by diseases and deadly viruses, with cure and changes clamouredfor the world over.

BILLY:
Q2. What is so exciting about BioFarm that we should know about?

Sang Hyun:
thanks for asking, there are a lot of exciting things but i will try to pick a few important ones.
As we all know about the current situation is very bad and currently affecting the world at Large.

Firstly, from a technology and feature standpoint, Biofarm is mostly focused on the pandemic situation, let say this the lockdown takes about three to four years again, we all know how it will affect the economy as a whole, but with the idea of Biofarm, we started to brainstorm on how can this benefit the community and all investor around the globe but not just that, we are developing solutions that will help the crypto community at large. Features like rugpull-proof and designed to help startups and at the same time, protect investors.

BILLY:
Q3. Which are the most important achievements in 2020 for BioFarm? @SangHyunbio

Sang Hyun:
Well this is a very though questions.

The brain behind this achievement is not to be compared of what we call Genius,😊
The ceo and the Adviser are a very well and compatible being in the crypto spaces..
One of the achievement in 2020 is the idea creation.. for human to put down this idea, the person should be a genius. @biofarmapp

Moreover, another achievement is the smart contract creation, it takes me and my team some couples of weeks to finish that…

In addition, The team actually have plans to make this a milestone and a story to the world… @biofarmapp

BILLY:
Brilliant

Q4. Finally, any sneak peek into 2021 plans for BioFarm? @SangHyunbio

Sang Hyun:
Yes, we have lot of plan in 2021, for example, our plan is to make this project a remarkable product to the world.

We all know 2019 will never be forgotten due to the pandemic era, and we actually provide solution to problem which is our vaccine.

According to our roadmap we provide lot of product to achieve such as NFT, Farming and staking, lauching of Bioexchange, mobile app (coming soon). And many more @biofarmapp

BILLY:
I am sure the hard working team of BioFarm will reach its targets this year !

Thanks for the wonderful introduction

🐧Community ask Questions by Twitter ✔️

BILLY:
Twitter question no 1.
Username : @olymtech2

How much is the minimum presales price and for how many year will the liquidity be locked?

Sang Hyun:
I will start from this.

I think this is a good question that must not be ignored. 😊

BILLY:
Twitter question no 2.
Username : @mylhe

Is the vaccine offered by Biofarm is available worldwide? How can anybody avail it? Can you share some real life use-cases that vaccine of Biofarm is being applied to human? How effective it is? Thank you

Sang Hyun:
I will need to explain it in detail for the benefit of the masses

BILLY:
Great 👍

Sang Hyun:
First of all, I will like to explain the different between presale price and the minimum purchase..

@biofarmapp

Presale price actually mean what is the actual price for 1 token before listing on dex and cex many people do misquote this from minimum purchase price…

Bio token pre-sale price is 0.001.

Bio token minimum purchase price is 1 ETH.
@biofarmapp

I will move to this

Well, bio farm vaccine Is available worldwide, that was the main reason our total supply is 1,111,000 so as to be well circulated in the Crypto Industry..

And more over…To avail the you need to stake/farm by providing more liquidity to some pairs such as ETH/USDT, UNI/ETH and Bio/ETH.
No, it’s only applicable to the crypto Ecosystem.
I would love to say its been applied to human because crypto currency will later be the blood of the Nation 😊…

@biofarmapp

BILLY:
Twitter question no 3.
Username : @Wormz28

As 2020 comes to an end, What do you consider BIOFARM to be your most important achievement for the past year and what are your plans for the coming months? Are there new updates or strategies that will also benefit the community?

Sang Hyun:
Hmm, if I could recollect, as at Nov 2020, this was when ideas came around, we notice something strange is disturbing the world and also affecting the Crypto space, so I would love to say that the teams achievement in 2020 was Idea creation and also smart contract that was lauched….
We are main product will be achieved in 2021 such as the NFT and staking platform, also never forget we are lauching our own exchange.
@biofarmapp

BILLY:
Twitter question no 4.
Username : @Lopyou54804819

BIOFARM agriculture starts on the 16th of this month, for investors, why should we believe in your project? What economic and innovative benefits will your project offer me in the long term?

Sang Hyun:
Well, I would love to say this is one of the best questions as all project survive with Investors and good efficient of management of fund.

We plan to provide many benefit to the public (investor) for instance, there is a reward for the best holder and best stakers.
Take good look at NFT as at 2020, many people benefit from it, we are also lauching our own NFT to all investor and all investor can also stake and farm NFT 😊
@biofarmapp

BILLY:
Twitter question no 5.
Username : @Ontortk

A big problem for a lot of Defi projects seems to be that when farming starts, the price goes down because people unload to put liquidity into the farm. Will there be an incentive to hold and not just farm and dump?

Sang Hyun:
Like I said previously, there is a benefit for top holders, which they will be rewarded with our NFT product…

There are many plan to make our investor smile 😊, as this project is for the public.

Or should be noted that, the more the contribution the more the reward
@biofarmapp

BILLY:
Twitter question no 6.
Username : @Rosanela08

The BIO token is incompatible with the Uniswap interface, and that is why Bio Farm has its own exchange. Why is the NFT incompatible with Uniswap, do you think it would be an obstacle on the growth of the platform?

Sang Hyun:
Yes, this is a very tough question as many people keep asking this even in the Main group.

I will like to shed more light on it..

Bio exchange is incompatible with the uniswap interfaces.

You can see that, I hold the word interface so as to explain it very well…

What the team means by interface is that, we want our own exchange to be different from uniswap interface, our design,colour, taste and the rest will be different but the swapping interface will be the same…
I believe this is a very brief explanation on how to comprehend what we meant by interface.
@biofarmapp

It’s not an obstacle to the team, it’s just a solution to us.
We are lauching our own NFT and Bio exchange due to the fact that we know how annoying it’s for all investor and Crypto trader to pay huge fees for swapping.
@biofarmapp

BILLY:
Twitter question no 7.
Username : @batang_astig

How to get started with BioFarm? Are there any requirements for taking part on BioFarm? Do I need to submit KYC?

Sang Hyun:
This is a good question that must taken into consideration as many people do fall victims during farming….

@biofarmapp

It should be noted that, farming Bio vaccine does not require Kyc.

Below are step to farm/stake Bio.
1/ Buy BIO during pre-sale
2/Add liquidity on the BIO / ETH pair
3/Stake your LP Token https://www.biolabs.app/

@biofarmapp

BILLY:
Twitter question no 8.
Username : @Jupiter_Ji

Biofarm will release its own NFT Marketplace at Biolab, Could you explain more about this marketplace? and Are there any certain requirements for users who want to buy and sell their NFTs in that marketplace ?

Sang Hyun:
I will be moving on…

I actually love this Community with their hard question 😊
I would love to say kudos to you guys 👍

I actually wait for about 2 minute to comprehend this.

Yea, we are lauching Bioexchange, it’s a market place where you can buy and sell all listed Token just like uniswap.

Funny enough 😊, you can also Buy and convert your NFT to other coin…
Like I said Bioexchange will be different from other dex…
Our products is unique and will be valuable in the long run

The only requirement I know is for users to make sure the token they wanna swap is listed on listed on Bioexchange

BILLY:
Twitter question no 9.
Username : @semogaberkahXD

BioFarm has many products such as NFT, Bio Exchange , BioVaccine Farm, Staking. Which are the best strategic products that BioFarm focuses on offering to the community?

Sang Hyun:
I will be moving to this..

I would love to tell you guys that we actually don’t have best product, as all products are the best for Biofarm.

BILLY:
Hell yeah 😎

Sang Hyun:
It’s our priority to say all products are our main priority, have said this before and I would like to say it again, this project is created for the masses… The more your contribution the more your reward.

@biofarmapp

BILLY:
Twitter question no 10.
Username : @AdejumoNiran

1. On what blockchain is @biofarm_ established.
2. Is there any staking or farming option on @biofarm_?

Sang Hyun:
Going to the final saga 😊

Bio farm is base on Erc-20 ( ETH blockchain)

Yes, there is staking and Farming…
The staking and Farming program is well suitable to the public, it’s been code with a block of 38.5% 😊….this is a great achievement to all investor

✍️ Telegram live Questions answered by BioFarm ✔

Диего | Diego | ディエゴ | Satoshi Club | BCCore:
According to your tokenomics, the total supply of BIO tokens is 1,111,000. Is this amount of tokens fixed or will it vary over time? Is your token inflationary or deflationary?

@SangHyunbio

Sang Hyun:
The amount is fixed

Диего | Diego | ディエゴ | Satoshi Club | BCCore:
BioLab platform allow members to stake on multiple pair on pools to earn BIO Vaccines. So what pair of cryptocurrencies available to staking on BioLab? Will you add more pairs to meet the users demand?

@SangHyunbio

Sang Hyun:
For now ETH/usdt and Bio/ETH

Yona ™️®️©️ VBk:
Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ?
@SangHyunbio

Sang Hyun:
There is not minted token anymore..
You check here for more details
https://biofarm.app

Jessica ✿✿:
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform and keep them long term.

Sang Hyun:
Yea, we plan to partner with big and the biggest crypto influencer…
We are currently in talk top EXCHANGE and also wanna partner with some NFT project.

Anne O’Keeffe:
For the success of a project, investors, community and developers play a major role. What is BIO strategy to get them involved?

Sang Hyun:
Our main target is all investor and the community members..
So we’ve provide some big incentive to all members.

Honaz MA:
to create the BIO financial ecosystem, will there be a buyback or burning of a token supply?

Sang Hyun:
The unsold token will be burn while we will do some buy back of about 30 ETH

✔️Thanks to all of our Community Fans✔️

Have a Great Day

Edited by : 🌿DK✍️

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