FAQs

From AMAs

Question	Answer
They mention that $iBG is the only DeFi coin insured in the Metaverse, very interesting, but what benefits and/or advantages do $iBG coin holders get from being insured in the Metaverse and how does the $iBG currency differ from an unsecured currency in the Metaverse? #iBGFinance	iBG is insured by POSI (Public Offering Security Insurance) fully reinsured by Lloyd’s of London Syndicates, rated minimum A- by AM Best.
What factors the #iBGFinance development team will focus on to ensure that their community continues token growth $iBG, through what mechanisms they will drive such token growth and how they intend to increase the demand for the token $iBG in a healthy and agricultural way?	Through community engagement , Ibg has a vast community of network leaders who has worked with many different DeFi projects before.
How do you keep your customers' assets safe from hackers? How do you manage if there is a cyber attack on your platform that will infringe on user privacy? Is #IbgFinance is protected and born ready to deal with this issue?	iBG Treasury is held in insured custody service provided by CGCX Custody. CGCX custodial services are insured and they have robust 7 layer cold storage architecture.
A lot of projects always talk about their strengths, while their token or coin prices always go down. As one of #IbgFinance leaders, do you dare to speak out about the difficulties that #IbgFinance is facing and how long will it take to overcome it?	Our team is our strength. We are a highly competent team with expertise in cross domains such as compliance, frontier technology, data analytics & capital markets. We came together to identify pain points faced in the crypto space - applied the best practices from proven solutions of traditional finance - and leverage on the benefits odf decentralized finance to bring crypto to users.
Share with us your plans for the future. Do you think you'll be able to bring everything you've planned to life? What do you want your project to look like in five years?	Yes ! We have been alive since July 2021. As part of a larger consortium - the team has been working together for upto 20 years with many proven deliveries. We are here to stay and walk the talk.
A strong community not only brings interesting ideas to the project but also attracts larger partners. So how #IbgFinance planning to build its community? And is there a plan to recruit people with Blockchain experience to the #IbgFinance team?	We have 3 strategic partnership modes: With other DeFi Protocols With Institutional Partners (existing wealth management houses with clienete keen to allocate into crypto assets. With community partners via active social handles
How is project development going? Can you describe in detail current development efforts, market expansion plans, expected applications, and when will they become commercially available?	We have launched ibG Wallet in Apr 22 focusing on community network participation & incentivization for referrals. In Q3 2021, we will roll out robo advisor feature in our app with a refreshed branding, look and feel. iBG Wallet is available in stores but the RObo advisor feature will be rolled out in Q3.
Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?	Gamification of crypto investing Intuitive user experience Mainstream UX
My question is How do you plan to spread awareness about your project in different African countries where English is not spoken well? Do you have local communities for them to let them better understand about your project?	Please do connect with us via our telegram community and we will be happy to spin off language specific communities to cater to native African speeakers. Our App is available in multi languages too.
Adoption is one of the important factor that all sustainable blockchain projects should focus to be more attractive in the investors's eyes. What did IbgFinance do and plans to do to achieve real world adoption?	As chief product strategist, I have spent years in researching and strategizing suitable products to enable inclusivity for the mainstream market. My product design principles include - low margin, asset light, scalable, innovative and compliance easy. -- this is important foundation for the longevity of any fintech project
During your project development, did u consider community feedback or requests to further expand on new ideas for your project?Many projects fail because they don’t understand their target audience and customers. So I want to ask Who is the most ideal customer for your products?	Yes we do. We have an interactive community on telegram & facebook where our team directly communicates with the community on a daily basis.
Most investors are looking for short-term profits. They will sell the token as soon as it is listed on the exchange. So does project IbgFinance have any plans to prevent investors from selling tokens early? Do they get any benefit from holding IbgFinance token?	Our partnership with BGBF-I fund is a strategic buyback and burn partnership where the fund will buyback the tokens throughout their fund tenure to maintain token scarcity. iBG tokens are fixed supply - therefore the scarcity from their continuous burning strategy makes the token valuation attractive.
your project is very important and qualityfull but it needs a large user traffic to be sustainable over time. What marketing strategies do you have planned to increase the validity of your brand?Are you planning any strategic way to level up your project?	we have a comprehensive marketing strategy in place to target audience from the various segments. Direct community via our active social media
this with your iBG treasury, how exactly does this universal liquidity pool works? The iBG AI Bot is undoubtedly the brainbox of your platform, the Robo Advisory Engine depends on this AI model as well, What exactly made you so confident to base the major, if not all, important..	iBG Treasury - compromise of cross chain bridge to enable token holders to swap their tokens for non native tokens with seamless experience. We have a strong Data Analytics team headed by Dr Shailesh Deshpande who has numerous patents on Big Data and Analytics. We are mirroring traditional finance wealth management automated advisory parameters andbridge it for crypto investing.
I learned that 10 millions token was allocated for bep20 and 10 millions was also allocated for ERC 20, what course effect will this have on the long run on the project please?	10 million hard cap for BSC (BEP20) & 10 million hard cap for ERC 20 DEXes token sale. We will lock the hard cap equivalent of BEP20 tokens on ERC20 contract to maintain the integrity of maximum token supply
2. Secondly, $IBG is a four pool farming,any other which we don't know of yet? And is the team thinking of adding more pool in the future?	iBG/bnb iBG/busd Yes we will add more based on community feedback. We have a strong telegram community - https://t.me/ibgfinance - you can participate and provide recommendations.
When participating in cross-chain digital toekns, multiple steps are required and these digital tokens need to be converted depending on the trade, which usually leads to losses from price fluctuation and transaction fees, according to your white paper, you plan to eliminate..	iBG Robo Advisory strives to make crypto investing accessible for everyone by enabling mainstream user experience for non crypto natives. Our product features include recommendations based on user’s risk appetite
I would like to know in detail, how The iBG smart Robo advisory engine works, how many sets of services does this engine offer, how each service set differs and what are the benefits that each one offers to investors in the #iBGFinance ecosystem?	The AI driven engine is a smart recommendation tool that helps to reduce user choice paralysis by understanding the user’s risk appetite, investment willingness and product knowledge in turn to recommend most suitable products based on the user’s profiling.
Will your WALLET function as an ordinary crypto wallet only for holding $IBG or will it be a multi-asset supportive wallet with added EXTRA crypto FUNCTIONS? Will this wallet be non-intrusive and can users be guaranteed of the security of their asset in this wallet?	iBG App is a ERC20 non custodial wallet. Your keys, your control. For investment related approvals, it will be upon each transaction. For robo advisor app, we will roll out additional functionalities like swap for cross chain assets.