Kwikstarter — Kwikswap x ShoeFy AMA Session Recap

KwikSwap
12 min readOct 10, 2021

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POSEIDON interviewing for KWIKSTARTER with ShoeFY,

Before we recap:

About ShoeFy

ShoeFy is an innovative decentralized platform that combines Non-Fungible Tokens (NFT) and Fungible Tokens (FT). It is a futuristic NFT project that utilizes cutting-edge DeFi tools to maximize returns. ShoeFy can amplify the NFTs potential by including both farming and staking to generate passive income.

ShoeFy will have two tokens namely, $SHOE(ERC-20), the native Fungible Token and sNFTs (ERC-721) which are randomly generated on-chain. Each NFT is an algorithmically programmed unique digital pair of shoes on the platform. Shoebeasts (Shoe collectors) can flex their new digital sneakers on Snapchat and other apps. ShoeFy provides special shoe racks for your digital kicks, and when you (the shoebeast) stake them on the platform, you can earn passive income in the form of $Shoe tokens.

The project is led by a team of experienced blockchain venture capitalists, creative NFT developers, and top-tier marketing experts spanning from Europe to Canada and onto South Korea & Thailand in SE Asia.

ShoeFy has a long-term vision to innovate and evolve over time. ShoeFy will tap into the different ecosystems of Gaming, Collectibles, and establish a presence in the metaverse, with digital kicks that are unique. Later this will lead to expansion to different other merchandise, partnering with reputable fashion brands.

ShoeFy is about to drop the most exhilarating collection of digital kicks on the market, be ready to cop or mint when the announcement comes.

NFT and DeFi markets are launching into the sky of the limitless future digital world, and we have just the shoes you need for this journey.

Token Metrics

Initial market cap excluding liquidity: $250,000

AMA — RECAP

Hey Ugyen mate welcome to Kwikswap/Kwikstarter really happy you could be here with us and we can host part of the ShoeFY IDO.

Could you please introduce yourself?

KWIKSWAP ADMIN,

Tell us about your Position in ShoeFY and how did you get involved into the wonderful and wicked world of Crypto

Ugyen, BD of ShoeFY

Hello mate

Ugyen, BD of ShoeFY

thanks a lot for having me here

KWIKSWAP ADMIN,

blessed to have you mate

Ugyen, BD of ShoeFY

its a pleasure

KWIKSWAP ADMIN,

welcome

Ugyen, BD of ShoeFY

So to give you a short introduction. My name is Ugyen and I have been in this space for quite some time. I started as a crypto trader. Few profits from my trades made me addicted to crypto which triggered me to pursue constant learning and research.

Ugyen, BD of ShoeFY

Later, through my connections, I started working as the research analyst with Oddiyana Ventures (https://oddiyana.ventures/), the incubator for project ShoeFy. And that is how I am here with ShoeFy (https://www.shoefy.io/) in the Business Development as the BD.

Ugyen, BD of ShoeFY

thats about it to give you my short intro

KWIKSWAP ADMIN,

Thanks for that little intro, could you please introduce ShoeFY in Layman’s term to the Community?

Ugyen, BD of ShoeFY

sure..

Ugyen, BD of ShoeFY

In lay man’s term, you could say ShoeFy is a platform that combines the power of NFT and DeFi.

Ugyen, BD of ShoeFY

But to give you a little more context here,

Ugyen, BD of ShoeFY

ShoeFy is an innovative decentralized platform that combines Non-Fungible Tokens (NFT) and Fungible Tokens (FT). It is a futuristic NFT project that utilizes cutting-edge DeFi tools to maximize returns. ShoeFy can amplify the NFTs potential by including both farming and staking to generate passive income.

Ugyen, BD of ShoeFY

ShoeFy will have two tokens namely, $SHOE(ERC-20), the native Fungible Token and sNFTs (ERC-721) which are randomly generated on-chain. Each NFT is an algorithmically programmed unique digital pair of shoes on the platform.

Ugyen,

KWIKSWAP ADMIN,

its some pretty exciting stuff that i cant wait to get stuck into !

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

glad you share the excitement

Ugyen, BD of ShoeFY

we are equally excited!

KWIKSWAP ADMIN,

Lets get to the pre selected questions from the Community. prizes winners for these questions will be announced at a later date 🔥

KWIKSWAP ADMIN,

Firstly — What are some of the major achievements that Your Project has achieved and What milestones are planned ahead in the next 6 months, 1 year and 5 years?

Ugyen, BD of ShoeFY

We have officially partnered with some big names like Duck Dao, Ex Network, Dutch Crypto Investors, Basic Capital and many more. We have more partnership announcements in the pipeline.

Ugyen, BD of ShoeFY

https://twitter.com/ShoeFyio/status/1438243977170358272?s=20

https://twitter.com/ShoeFyio/status/1443923654442721283?s=20

https://twitter.com/ShoeFyio/status/1441485084083859458?s=20

https://twitter.com/ShoeFyio/status/1439237044006531081?s=20

https://twitter.com/ShoeFyio/status/1443274626306564102?s=20

https://twitter.com/ShoeFyio/status/1444217496664379392?s=20

https://twitter.com/ShoeFyio/status/1444020446714679298?s=20

https://twitter.com/ShoeFyio/status/1444262269714505730?s=20

https://twitter.com/ShoeFyio/status/1440030923492265993?s=20

https://twitter.com/ShoeFyio/status/1438835834636029963?s=20

https://twitter.com/ShoeFyio/status/1438929617817989128?s=20

https://twitter.com/ShoeFyio/status/1438578441884999681?s=20

Ugyen, BD of ShoeFY

some of the partnerships that we already announced

Ugyen, BD of ShoeFY

Interms of the Fund raising, we were able to close all our private sales within a month and raised over $3 Million.

Ugyen, BD of ShoeFY

Our team at the backend developments are working round the clock and they are doing a great job

KWIKSWAP ADMIN,

They defiantly are

Ugyen, BD of ShoeFY

And for the coming week, we will have IDOs across 7–8 LaunchPads from 11th — 14th of Oct.

Ugyen, BD of ShoeFY

This is mainly to tap into wider range of communities across the world. So far we have announced over 6 different launch pads including DuckStarter, PolkaBridge, Multipad, MoonStarter, TruePNL and KwikStarter. We will be announcing 1 or two more launchpads in the coming days.

Ugyen, BD of ShoeFY

https://twitter.com/dao_duck/status/1446249017625677825?s=20

https://twitter.com/moonstarter_off/status/1445869661728346113?s=20

https://twitter.com/kwikswapdex/status/1446384761740554242?s=20

https://twitter.com/ShoeFyio/status/1446471095628886017?s=20

https://twitter.com/truepnl/status/1446496281103323143?s=20

https://twitter.com/realpolkabridge/status/1446517591606923271?s=20

Ugyen, BD of ShoeFY

these are some of the announcements for the launch pads that we did

Ugyen, BD of ShoeFY

so we are doing great and moving fast according to our plans on the road map

Ugyen, BD of ShoeFY

KWIKSWAP ADMIN,

[In reply to Ugyen]

Some big names Pad names there . thanks for having us to 🖖

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

of course, we are honoured to do our launch with KwikStarter!

KWIKSWAP ADMIN,

Q 2 What makes ShoeFy unique compared to other project?

Ugyen, BD of ShoeFY

In general ShoeFy has the potential to tap into diverse range of markets like collectibles, play to earn games, metaverse and also fashion merchandise partnering with the global brands later. ShoeFy is not limited to a single field or a single market unlike most of the projects. Only the sky is the limit for this project, but to mention few special features in particular:

Ugyen, BD of ShoeFY

First thing, we have the sNFT staking feature in our platform. The current trend of NFTs is just buy-hold and sell. ShoeFy is here to let the users put the NFTs to work by staking and then earning passive income.

Ugyen, BD of ShoeFY

Secondly, ShoeFy have a scheme where, the first user to mint the sNFT and if he sells it in the secondary market, the user will be rewarded with royalties every time the sNFT is being traded in the future for a certain period of time. ShoeFy appreciates its early supporters.

Ugyen, BD of ShoeFY

Thirdly, we have the LP boosters called bNFTs. So if you purchase these LP boosters, it will multiply your staking rewards by 1.2x, 1.5x or 2x and more depending on the type of boosters you purchased.

Ugyen, BD of ShoeFY

If we talk about all our future plans, they all deserve to be mentioned here as something that is unique from the rest of the projects in the market but for now, let’s keep it to these 3.

Ugyen, BD of ShoeFY

😊

Ugyen, BD of ShoeFY

KWIKSWAP ADMIN,

Q3

KWIKSWAP ADMIN,

Have you completed any security audits? What measures have been taken to protect ShoeFy community from bad actors?

Ugyen, BD of ShoeFY

this is a very important question

Ugyen, BD of ShoeFY

Security is our top priority, therefore we are currently using a very reputable third party audit firm to audit our smart contracts before we launch our product.

Ugyen, BD of ShoeFY

We have made it a vital requirement to pass all the rigorous assessments of third party auditors, and ShoeFy will not launch unless we pass the audit.

Ugyen, BD of ShoeFY

We are putting quite a lot of time and effort in this part, so that we keep the bad actors away

Ugyen, BD of ShoeFY

KWIKSWAP ADMIN,

Security is Key in this Crypto business we dont want anyone stealing our shoes !

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

exactly

Ugyen, BD of ShoeFY

thats the last thing we would want

KWIKSWAP ADMIN,

[In reply to Ugyen]

can you drop a name ? or is it confidential for now

Ugyen, BD of ShoeFY

and we are very confident, we will not be in that situation

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

Well i haven’t said it in public, but yeah since you asked. we have Certik auditing our smart contract

KWIKSWAP ADMIN,

[In reply to Ugyen]

You heard it first here guys … They have the best in the business 🔥🔥

KWIKSWAP ADMIN,

Q4 and the final preselected one

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

🔥

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

lets go

KWIKSWAP ADMIN,

Can you share about your token utility? What are the use of your token in your ecosystem? Do u have farm or stake features?

KWIKSWAP ADMIN,

Community please get your questions ready for when we open the chat

Ugyen, BD of ShoeFY

$SHOE tokens will have the following utility in the platform:

$SHOE token will be utilized as the native token to add Utility to NFT via staking, farming and LP which generates the passive income.

$SHOE token will be used for the Governance, DAO.

$SHOE will also be used as the entry ticket to the ShoeVerse (metaverse of shoefy platform) and at the later stage for incentivizing in the play to earn game such as shoe battles, shoe contests and shoe fashion show

$SHOE will be used as the SWAP fee for the NFT SWAP.

$SHOE token is required to be paid for minting/farming new shoe NFT in the shoeFy platform.

Ugyen, BD of ShoeFY

and as mentioned here, we do have farming and staking features..

Ugyen, BD of ShoeFY

but sth extra we have here is apart from the conventional farming and staking, ShoeFy platform allows you to stake your sNFTs to earn reward in $SHOE as a passive income

Ugyen, BD of ShoeFY

and also you can be a liquidity provider for $SHOE/sNFT pair and earn passive income from trading fees and LP rewards

Ugyen, BD of ShoeFY

KWIKSWAP ADMIN,

so many utilities

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

yeah better get some $SHOE 😉

KWIKSWAP ADMIN,

[In reply to Ugyen]

my wifes going to kill me when i turn up with 20 new shoes 😍

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK+ShoeFY]

haha..yeah later sell those and buy a ring for her

Ugyen, BD of ShoeFY

a diamond ring

Ugyen, BD of ShoeFY

😄

KWIKSWAP ADMIN,

Right @CastInTime please could you open the chat for 1 minute to let everyones questions roam free

Ugyen, BD of ShoeFY

hey guys

Ugyen, BD of ShoeFY

i would like to state a custom rule that i have

Ugyen, BD of ShoeFY

https://t.me/ShoeFy_Official

KWIKSWAP ADMIN,

yeah go ahead

Ugyen, BD of ShoeFY

you guys first need to join our chat

KWIKSWAP ADMIN,

👌

Ugyen, BD of ShoeFY

so then when i pick questions

Ugyen, BD of ShoeFY

i only pick of those who is in our group

Ugyen, BD of ShoeFY

😄

KWIKSWAP ADMIN,

awesome

Ugyen, BD of ShoeFY

so please guys join first and then ask

KWIKSWAP ADMIN,

chat is open lets go 👍

Julius, community member

What Marketing activity do you Plan to raise awareness about your project?

Gaurav Singh, community member

Which all exchanges are you planning to launch?

Julius, community member

Is it planned that SHOE Support other Networks than shiden?

Julius, community member

Which are the main nft sectors shoefy will concentrate on?

Gaurav Singh, community member

Is there is any lock-in period when we buy shoe coins ?

KWIKSWAP ADMIN,

Ok lets lock it up

Ugyen, BD of ShoeFY

so how many questions will i be answering in this segment?

Ugyen, BD of ShoeFY

okay cool

Ugyen, BD of ShoeFY

so let me answer then

KWIKSWAP ADMIN,

Well everyone seems shy today but get stuck into them and then we will wrap things up 👌

Ugyen, BD of ShoeFY

[In reply to Julius]

Our marketing team has various strategies that we are implementing. First of all we have so many value added investors who are helping spread the words of ShoeFy. Then we have onboarded 40 plus KOLs who are also doing their part of marketing for us.

Ugyen, BD of ShoeFY

then we are doing aggressive AMAs across so many communities

Ugyen, BD of ShoeFY

and we have partnered with multiple launchpads which is also strongly helping our marketing efforts

Ugyen, BD of ShoeFY

and then we have our plans like learn to earn campaign where we throw out quiz to the AMA communities

Ugyen, BD of ShoeFY

and they are rewarded a whitelist spot for the community round

Ugyen, BD of ShoeFY

so we have lots of on going and incoming marketing plans

Ugyen, BD of ShoeFY

[In reply to Gaurav Singh]

We are doing the IDO from 11th till 14th, and then we will have community round where we will have people whitelisted on our website

Ugyen, BD of ShoeFY

and then on the 19th we will do the dual listing of dex and cex

Ugyen, BD of ShoeFY

but for now since we haven’t announced the platforms yet, sadly i cannot disclose it here

Ugyen, BD of ShoeFY

[In reply to Julius]

We are launching on the Ethereum blockchain, but we will soon bridge to BSC and Polygon. We are already in talks

Ugyen, BD of ShoeFY

so we will be multichain

Ugyen, BD of ShoeFY

[In reply to Julius]

ShoeFy falls on various sectors like i said. Ofcourse we are in the collectibles, but we will also be able to tap into gaming, metaverse and even fashion merchandise in future

Ugyen, BD of ShoeFY

[In reply to Gaurav Singh]

yes we do have vesting periods

Ugyen, BD of ShoeFY

for the people getting our token in IDOs, they will have 50% unlock after 1 hour of listing and the 50% unlock in the following month

KWIKSWAP ADMIN,

Lots of marketing ✅ future listings ✅ multi chain ✅ NFT Gaming and metaverse ✅

Ugyen, BD of ShoeFY

[In reply to Gaurav Singh]

https://drive.google.com/file/d/1fCbHk6JVtSTi7y5Mf5Ls87RRUBwXS3wo/view?usp=sharing

KWIKSWAP ADMIN,

so excited for the future of this project as these, sNFT — ShoeFy NFTs are fully wearable in any MetaVerse + AR ! thats so cool and will be so sought after. You must have some super special shoes to come out in the future. can you tell us about some or even show ??

Ugyen, BD of ShoeFY

[In reply to Ugyen]

here is more in detail if you are interested

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK]

yeah , our shoes are coming up really exciting..but since we haven’t disclosed it publicly, i won’t be able to share here for now

Ugyen, BD of ShoeFY

but for sure we will up date you guys

Ugyen, BD of ShoeFY

Make sure to keep yourself updated from these Links:

🌐 Website

(https://www.shoefy.io/)📧 Telegram

(https://t.me/ShoeFy_Official)🕊 Twitter

(https://twitter.com/ShoeFyio)📱 Discord

(https://discord.com/invite/vWrsyaw7hB)Ⓜ️ Medium

(https://medium.com/@ShoeFy)🤖 Reddit (https://www.reddit.com/r/ShoeFy/)

Ugyen, BD of ShoeFY

you can keep track of our progress through our social media outlets here

KWIKSWAP ADMIN,

[In reply to Ugyen]

worth a try 😝

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK]

oh and not to confuse you

Ugyen, BD of ShoeFY

btw we are not affiliated to or connected to any real world shoe brands

Ugyen, BD of ShoeFY

ShoeFy is completely different and out of these restrictions

Ugyen, BD of ShoeFY

all derived from the ancient elementals of fire, water, earth and wind!

KWIKSWAP ADMIN,

Thats so cool ! Thanks for all these brilliant answers once again we are so happy for you to be here with Kwikstarter

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK]

like wise

KWIKSWAP ADMIN,

and thanks to people that have provided questions

Ugyen, BD of ShoeFY

i am glad i was able to present about ShoeFy here

Ugyen, BD of ShoeFY

[In reply to POSEIDON -$KWIK]

yes thanks to them!, cheers!

KWIKSWAP ADMIN,

1 more important question — — — Wen Shoe?

Ugyen, BD of ShoeFY

Oh our NFTs?

Ugyen, BD of ShoeFY

We will first launch our ERC 20 $SHOE tokens and then after that, we will head over to the ERC 721 sNFTs

Ugyen, BD of ShoeFY

there will be 10,000 unique sNFTs

Ugyen, BD of ShoeFY

only 3000 will be minted in the first batch as the genesis sNFTs

Ugyen, BD of ShoeFY

rest will be farmed on our platform

Ugyen, BD of ShoeFY

😉

KWIKSWAP ADMIN,

Great AMA thanks again and we will see you again @Alt_Sniper 👋

CastInTime, $KWIK

Great AMA. Thank you @Alt_Sniper from ShoeFY

Ugyen, BD of ShoeFY

Thank you guys…see you again for sure!

Join ShoeFy Socials:

Twitter: https://twitter.com/ShoeFyio?s=20

Website: https://www.shoefy.io/

Medium: https://medium.com/@ShoeFy

Github: https://github.com/ShoeFy

Telegram Official Group: https://t.me/ShoeFy_Official

Official Announcement Channel: https://t.me/ShoeFy_Official_Announcements

Discord: https://discord.gg/txwgSwQq

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