Announcement poster of RiFi United.

The session of AMA ( Ask Me Anything ) with RiFi United was conducted on 31 st October 2021 at 5:30 PM IST (12 PM UTC) and lasted for 1 hour.

ADMIN ROUND

I welcome you on behalf of Crypto players India team, hope you will enjoy today’s AMA session.
Very excited to have you with us.😊

Jonty|Host
Can you introduce yourself to our community?

Tung Vu | Rikkei Finance
My name is Tung, Co-founder & CTO of Rikkei Finance. I completed PhD from Nanyang Technology University, Singapore in 2017. I had previously served as an AI scientist, a researcher at various reputed institutions. Before Rikkei Finance, I was CTO of Rikkeisoft, one of the biggest IT companies in Vietnam with more than 1300 developers working in multiple countries, including Vietnam, Japan, Singapore, etc. With Rikkei Finance, I aim to provide better solutions for the users, enhancing their experience and encouraging greater participation.

Jonty|Host
Can you provide us with a brief description about Rikkei Finance & RIFI United?

Tung Vu | Rikkei Finance
Rikkei Finance is a revolutionary DeFi protocol that aims to remove existing stumbling blocks of the DeFi space with the core features: Cross-chain support, NFTs collateralization, and P2P Insurance. It utilizes blockchain tech that enables cross-chain integration, meaning it can accept digital assets that operate on any blockchain network and render it at an equivalent rate, making them a real-time currency exchange network as well. Rikkei Finance successfully raised the initial funding of $5.6M to build the lending protocol. RIFI United, a product of Rikkei Finance, is nurtured with the aim of allowing users to utilize RIFI future cross-staking and cross-NFT programs, as well as expedite NFT lending feature. The product is a stepping-stone for RIFI to accomplish our mission to bring competitive advantages to users. RIFI United is a soccer manager simulator, built with a unique game depth to provide lasting enjoyment for players. The core of RIFI United is a vast and complicated match calculation system that provides perfect realism and the proper level of competitiveness among Premier League supporters. As a play-to-earn game, RIFI United users can enjoy playing RIFI United while earning $RU /RU/ tokens from trading, staking, winning matches or betting.

TWITTER ROUND

RIFI United is a blockchain NFT game. As earnings with P2E are one of the main appeals of blockchain games, most NFT games primarily focus on profits with P2E. Does RIFI United prioritize the user experience in order to make playing and winning?

Tung Vu | Rikkei Finance
Talking about this, I’m quite sure we can optimize the user experience through the playing and winning mechanism. The reason for this is: It is combined with both the traditional football game and the NFT function in the blockchain industry.
- The game is for anyone with huge enthusiasm in traditional football: Every user can play the role of both a manager and a coach, even a powerful club boss whose squad comprises animal football players, aka NFT players. Your goal is to emerge as the league champion by utilizing the strengths and weaknesses of your NFT athletes to increase your odds of scoring goals. You can also track your team’s performance, join soccer tournaments and even upgrade your facilities.
- Excitingly, RIFI United isn’t just for pleasure; it may also make you profit just from the P2E mechanism: With a dynamic farming system and an active market, every activity in RIFI United may result in a player prize with tokens. RIFI United users can enjoy playing the game while earning $RU /ru/ tokens from trading, staking, winning matches or betting.

Which area are you focusing on at the moment? (DeFi, Stake,Dapps..Yield Farming,,NFTs,,Gameing) and what is your goals in this year?

Tung Vu | Rikkei Finance
For now, we are focusing on launching RIFI United, which is our NFT Gaming product. The in-game token RU IDO is going to launch on Nov 9 on KrystalGo launchpad. We are going to conduct RIFI IDO and listing right after launching RU. Once RIFI token is listed, all of our products including the vault, the market analysis, and the lending protocol will go live. Actually, they are now all available on BSC mainnet, just wait for the RIFI token listing to roll out all of them. You can try apps.rikkei.finance.

Can you share with us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?

Tung Vu | Rikkei Finance
The total supply is 1,000,000,000 RU while the initial circulating supply is 97,000,000 RU. You can take a look here: https://rifiunited.io/white-paper Info regarding buyback or token burning will be disclosed after listing.

You mentioned $RU utilities are going to be adopted in the growth of RikkeiFinance. So can you tell us what is RiFi United and how will the holders of $RIFI benefit from this, can you explain that further?

Tung Vu | Rikkei Finance
RIFI United is our soccer manager simulator, as I shared with you from the beginning. As RIFI and RU both are the products of Rikkei Finance, our plan is to make RU utilities being adopted in the growth of Rikkei Finance, and RIFI holders will benefit from this.
- By holding $RIFI, Rificians are able to receive treasury. When players start trading in the RU marketplace, the transaction fee is produced. Treasury, which is calculated as a percentage extracted from this fee, will then be sent to RIFI holders as a reward.
- Saving $RIFI in your wallet will also help boost your farming opportunities, with HIGHER APY! Details about this will soon be revealed. Stay tuned!

In RIFI United, how can users improve our squad to increase the win rate?

Tung Vu | Rikkei Finance
There’s a lot of stuff you can do to improve your team and build the players up for the task ahead. You can build a stadium and work on improving your coaches. You also have a broad marketplace to buy players and resources that your team needs while managing your finance balance smartly. Pls read more about our exciting gameplay in this article: https://rikkei.finance/blog/Rikkei-Finance-is-thrilled-to-Announce-its-Unique-Game-RIFI-United

COMMUNITY ROUND

When will RU IDO be conducted?
- A — On 06 November 2021
- B- On 08 November 2021
- C — On 09 November 2021
- D — On 10 November 2021

Ans- On 09 November 2021

On which launchpad will RU IDO launch?
- A — RedKite
- B — KrystalGo
- C — Poolz
- D — Polkastater

Ans- KrystalGo

As a RIFI United soccer manager, you can enjoy all of the exciting P2E activities including:
- A. Buying/Upgrading facilities.
- B. Have fun with the betting system; NFT Marketplace.
- C. A & C.
- D. A, B, C & D”

Ans- A, B, C & D

What is the token symbol of Rikkei Finance and RIFI United?
- A — RiKi and RU
- B — RIFI and RU

Ans- RIFI and RU

What is the token allocation of RIFI United?
- A. Team and advisor (20%), Foundation (15%), P2E (25%), Liquidity + Listing (15%),
- A. Marketing (5%), Community (8%), Public (2.3%), Seed (1.2%)
- B. Rewards (50%), Community (30%), Liquidity + Early Bird (20%)
- C. Foundation (30%), Liquidity mining (30%), Marketing and listing (4.5%), Ecosystem (8%),
- C.Team & Advisor (12%), Influencer sale (0.5%), Private sale (11%), Strategic sale (4%)”.

Ans- Rewards (50%), Community (30%), Liquidity + Early Bird (20%).

🎉 RIFI United to launch $RU token on KrystalGO 🎉

We are excited to announce that the $RU token IDO will be held on KrystalGO on 09 November 2021.

Detailed IDO schedule will be announced on Oct 28 ‼️

📋 Apply for whitelist and seize your chance to participate in our IDO event: https://medium.com/rikkeifinance/ru-whitelist-registration-for-rificians-b54e62b28090

🗣 Spread the words: https://twitter.com/RikkeiFinance/status/1452902468963106819?s=20

👥 Our Official Social Media Links
RIFI United Website (http://www.rifiunited.io/)|Rikkei Finance Website (https://rikkei.finance/)|Telegram (https://t.me/rikkeifinance)|Announcements (https://t.me/rikkeifinance_official)|Twitter (https://twitter.com/RikkeiFinance)|Medium (https://medium.com/rikkeifinance)|Facebook (https://www.facebook.com/RikkeiFinance)

The AMA recorded many great questions from the Crypto Players India community, as well as meticulous answers from our guest Tung Vu from RiFi United. AMA Concluded at 6:30 pm IST.

CryptoPlayers is one of the oldest & largest crypto communities in India since early 2017.