we hosted an amazing AMA with Frodo on the 19th of March
And here we will put some of the best questions:
Q1. Can you please introduce yourself as well as Frodo Technology ?
My name is Amir, I have almost 18 years of experience in the area of software development, blockchain, AI and internet of things
This is the information of our company
Frodo Tech is a financial blockchain ecosystem. We provide our customers with financial
services globally without any limitation of race or region.
Our customer’s privacy is our priority, and we do not require any complex type of KYC.
Regardless of nationality, race, or country, all people can interact financially together in our
Frodo Technology Ltd is an IT company based in Auckland, New Zealand. It includes highly
skilled experts in efficiently delivering and implementing advanced technologies such as
Artificial Intelligence (AI) and cybersecurity both in on-site and cloud environments at low
cost. Frodo Tech provides best-fit and trustful solutions around AI, cybersecurity, data analysis,
custom applications, mobility, migration, and managed services.
In early 2021, Frodo Tech’s team decided to start a new era in technology. The FT team had
done considerable research into Blockchain and cryptocurrency, which are fantastic and ondemand. However, we decided to start our business on Blockchain and provide unique
cryptocurrency services. We aim to create a secure, trustable excellent payment platform that
provides Blockchain as a service (BaS)
Q2. What are the advantages of Your project ?
Frodo Tech provide the fastest payment solutions using internet of things. Frodo Pay is the payment solution of Frodo Tech (app).
In Frodo pay, user can easily create their profile and make transaction into the network using crypto. Once you top-up your wallet in Frodo Pay the total transaction time will take less than a second.
Frodo Pay support QR payment, NFC payment, Private URL payment and can share the payment link through social networks such as Facebook, Instagram, Telegram, WhatsApp and so on…
Q3. please tell us about the goal you want to achieve in this year.
We already have agreement with five (5) exchanges, FRDX will list to any 3 of 5 exchanges in this year step by step.
Also, the MVP version of Frodo Pay would be up in 2 weeks, and the total solution will develop and implement by the end of this year.
Before the end of this year we will find our place in the market with high volume of daily transactions.
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
Frodo Tech was firstly find by Zagros. he is the founder and managing director of the company. Frodo names came from a loyal pet name of Zagros. The company was found in 2018 and have done several projects in the areas of artificial intelligence, blockchain and internet of things.
The core member of the project is Zagros, who have more than 22 years of experience in the areas of network, security, and IT project management. Dr. Amir have almost 18 years of experience in the areas of software development, AI, and internet of things. The other member name and qualifications are listed in our website
Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is Frodo Technology approach to the NFT sector?
The Frodo Tech first version of the whitepaper was included the NFT marketplace as well. But once we start the development we found that, doing all together is not possible and will effect of project quality. In Frodo Tech we only focus on payment solution and we have expert core banking team in our company. We look for the easier solution to use crypto payment as POS with a secure and fast solutions.
But we have developed of our NFT marketplace as well, it is a place for everyone to buy, or sell NFTs. The information about our NFT project
And here we will put best questions from our members and Frodo Technology fans:
I read that, “The goal of Frodo-tech is to decarbonise the industry and achieve net-zero emissions in the global crypto industry.” What are the steps taken in this direction? What are your thoughts on current emissions rates?
We are really care about climate change, and because of this we don’t have any mining strategy for Frodo Tech tokens, in the other hand the Frodo Pay application do not use any paper based process even in registration or use of application
One of the most common issues is that most investors nowadays are just concerned with short-term gains and do not consider long-term rewards. Is it possible for you to give them some reasons why they should buy and hold #FRDX tokens over time?
Yes agree with you, the coin that pumps within one day can dump in less than one day too, so there is risk of investment on unknowns tokens. Frodo Tech token rise by defined strategy in every stage by 15 percent and the price in exchange is almost 200 times more than first ICO
Many new projects develop well at first, but fail to achieve good results later on. How will you manage and develop your project to gain a foothold in the market and become a good project in the blockchain industry?
Our team include an expert project manager and senior developer,our work is transparent and everyone in our society are aware about company activities,so far we achieved our roadmap before every deadline and we pretty sure our project meet it criteria base on the time mentioned in our whitepaper
I see Frodo Tech currently has 4 products: Frodo Launchpad, Frodo Payment Gateway, Frodo Wallet, Frodo Customer Support. Can you explain what these products are and which are available right now? And Frodo Payment Gateway, Frodo Wallet can only be used in New Zealand or globally?
The Frodo wallet is a native wallet to communicate to Blockchain and manage accounts and
transactions. The Frodo wallet can cover most popular operating systems such as:
Frodo Payment Gateway (FPG):
The main business of Frodo Tech is to provide a fast, secure, and easy to use payment system.
FPG can work similarly to an IPG (internet payment gateway), which can be added to your
business to handle payment systems. The FPG does not require the complex type of KYC, and
the registration is done in a few steps. However, in a traditional IPG, all users must be verified
by the banking system before making any transactions, and this process takes a long time and
energy. Also, in FPG, users can transfer different types of crypto and are not limited to the
traditional payment systems. In the FPG system, transaction speed is much higher than with a
traditional IPG because there is no third party to confirm the transactions, and the process is
done from wallet to wallet. Another advantage of using an FPG platform is anonymity. The
customer buying pattern is a major threat to customer privacy. With anonymity in place, the
buyers can be assured of their privacy. Anonymity is also an excellent advantage for vendors
who sell digital products. Every Frodo user can use our FPG system without any limitation of
resource or company registration and so on. FPG is open-source and under MIT licences, and
there is no charging fee or setup fee.
Launchpad is your entry into the Frodo Tech platform. It provides you with all the tools and
accessories to our systems. By registering to the Launchpad system, you can check your
balance, purchase Frodo tokens, add referrals, transfer funds, request the FPG (Frodo Payment
Gateway), or connect to exchange. The platform supports an automatic distribution mechanism
and crypto payment gateway. It is a crowdfunding project where users can buy our ICO token
with cryptocurrencies. Every new announcement will be shown to the user through our social
network and Launchpad platform.
FrodoPay is a mobile app, a simple interface that enables the person
solutions instantly. It is a safe, simple, and helpful way to manage your money
• Pay at your many places with cryptos such as shopping mall, Taxi, bill payment and many
• Send and receive money instantly in less than 1 second!
• Earn rewards for everyday payments
• Understand your spending & improve your financial health
Pump-and-dump tactics are becoming a serious issue in the crypto world that has to be addressed, with investors’ hard-earned money being lost. Could you kindly explain how will Bitlocus keep whales from manipulating price and ensure price stability?
Yes, we have many strategy for exchanges listing (anti-dumping-strategy), we have financial expert in our team who developed our vesting strategy also we have senior person from exchange who doing market making and auto trade to control the price.
Also, we have a senior financial advisor (external) help our team
Do you have AUDIT certificates??
are you working to AUDIT your project, to make it moe secure and reliable ?
Our project is already Audited by Certik, you can check our website
According to the roadmap, what are your most important next priorities? Do you have enough funds and a strong community to achieve this goal?
We are international project, our headquarters located in Auckland, New Zealand 🇳🇿, we only look into crypto market and fast payment solutions
Are you a global project or a local project? Right now, what market are you focused on, or is it focused on building and growing to win customers, users, and partners?
The most difficult things is to list in an exchange in a right time and stable crypto market, that why we hire expert advisor to look for it, so far we meet 70 percent of our softcap and the listing might happen within 10 to 12 weeks
Do you have a white paper if yes please share it with her Secondly do you have plans for pre-sale? Now where do we join in?
Please find our whitepaper from website
And this was the end of our AMA with Frodo Technology.
FRDX initial coin offering (ICO) ends soon. So, don’t lose your chance to buy FRDX at the best price!
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Here’s why you should buy FRDX tokens during the ICO sale:
✅ High ratings on ICO trackers
✅ Investors can expect a return of about 1200 times after listing in exchange
✅ Bonus up to 25%
✅ Instant delivery
Here are some of the project certifications which can deepen the trust and loyalty to the blockchain community:
Member of the Blockchain Association of New Zealand (BANZ)
Audited by CertiK without any Critical issues or vulnerabilities
Rated 4.05 out of 5 in ICOHOLDER
Rated 9.8 out of 10 in ICO
Rated 8.3 out of 10 in ICOMARKS
Rated 8.4 out of 10 in Foundico https://foundico.com/ico/frodo-tech.html
Rated 5 out of 5 in CRYPTOTOTEM
Rated 4.57 out of 5 in ICOLINK
Rated 3.85 out of 5 in CoinCheckup
Verified team members with real backgrounds, identities, and profiles
_🔗You can find us here
• Telegram group
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🔥Buy link 👆👆👆👆🔥🔥