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What is cryptocurrency? • A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
• Cryptocurrencies can be exchanged for goods and services, though they are often used as investment vehicles. Cryptocurrency is also a key part of the operation of some decentralized financial networks, where digital tokens are essential for carrying out transactions.
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What is the FollowMe Token? FMT is the exclusive, patented cryptocurrency for services, materials and supplies within the home improvement industry. Its utility is designed to benefit customers, service providers, supply houses, and manufacturers through appreciating value combined with the convenience of cost savings.
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What is a digital wallet (and why is it Important)? A digital wallet stores and tracks digital currency. It is comparable to a bank-issued debit card or a mobile payment app connected to your financial institution. In contrast to traditional payment methods, digital wallets are exempt from bank issued fees and surcharges.
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How will investing in FMT save me money? • CUSTOMERS in possession of FMT will have numerous advantages over those using traditional forms of payment, including discounts, awards and referral income when purchasing Home Improvement products and/or services. These products and services include, but are not limited to, roofing, solar, windows, siding, gutters, plumbing, electric, HVAC, and more.
• SUPPLIERS and DISTRIBUTORS will see drastic savings in purchasing fees and surcharges, making credit card processing fees a thing of the past. They will also have more profitable rebates to offer to contractors.
• CONTRACTORS will receive rebates in the form of FMT tokens from suppliers and distributors. A variety of exclusive discounts and networking opportunities will also be available.
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Why are there multiple applications to go through in order to purchase FMT? • Cryptocurrency is virtually impossible to counterfeit. This level of cryptography requires multiple stages in order to completely protect your investment. Currently, the most efficient method is to purchase Smart Chain (BNB) and convert the BNB funds to FMT tokens. For more details, please see our tutorial videos and documentation at followme.llc/token.
• New investors need only to complete the setup process once. After that, they may easily purchase additional FMT.
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Is the purchasing process secure? Yes, the security of the FMT purchasing process has several algorithmic authenticating procedures in order to ensure a safe transaction.
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Is there a minimum amount I should purchase? Allocation of investment funds are ultimately up to you. However, and as investors, we encourage new investors to purchase at least $250 worth of FMT in order to see a meaningful return.
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What happens if I lose my secret code? It is of EXTREME importance to safely secure your provided secret code. If you lose the code or are unable to duplicate it in its exact sequence, you will be locked out of your wallet FOREVER losing access to all funds with no recovery.
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Will I lose money if I place funds into my wallet and do not make a purchase right away? As crypto currency is an investment avenue, all funds placed into your wallet will be dictated by the price of Binance Coin (BNB). Meaning, that your funds will fluctuate as the price of BNB goes up or down. If the price of BNB is to go up, the funds within your wallet will increase. Should the price of BNB go down, the funds within your wallet will lose value accordingly. Therefore, we recommend purchasing FMT on the same day your account is set up. This will ensure that your buy price is locked in.
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How long will it take to access my funds after a cash withdrawal? Converting your FMT to cash is simple and fast. Processing time is dependent upon your personal banking provider. However, the normal withdrawal timeframe is approximately 15 - 20 minutes.
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Are there processing fees associated with purchasing FMT? If so, what are the rates? Yes, there are small one-time fees associated with purchasing and transferring funds between digital wallets. These industry standard “gas fees” are dictated by the exchange platform or wallet associated with the transaction. They normally do not exceed 5% - 7%. Keep in mind that your earning potential with FMT far exceeds this nominal setup fee. Even though our firm created FMT, we do not profit from any processing fees you pay to any exchange platforms or wallets.
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How can I be sure that I will not lose all of my money? • The current exchange platform that is hosting the FollowMe Token (FMT) is Mint.club. This exchange uses the Smart Token Bonding Curve to prevent dramatic dumps in token price. Although no investment is 100% guaranteed to produce wealth, it is HIGHLY unlikely for total funds to be lost. The value of FMT will steadily increase as more investments are made. The only possibility for total fund loss is if the price goes to zero, meaning ALL investors pull their total funds from the token. There is no logical reason for this scenario to occur.
• Furthermore, each of our board of directors and partner companies have substantially invested in FMT. We are personally and corporately dedicated to the success and utility of FMT as the patented standard for transacting within the home improvement industry.
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Do any stores or service providers currently accept FMT as a currency? • The overall goal for FMT is to provide a new discounted means of transacting within the Home Improvement industry. We are currently working to finalize agreements with many of the largest companies in the industry.
• FMT is currently in the investment stage, meaning that those who invest before the token is exchangeable in stores will have the highest ROI (return on investment). Once the token is exchangeable at point of sale systems, the value will skyrocket.
• Therefore, now is the best time to invest. Our patent ensures that our token will become a new industry standard, so please do not get left behind. Remember, "fortune favors the brave." See our value presentation video and deck for more information.
Tokenomics is the study of the economic trends associated with crypto tokens and/or cryptocurrencies.
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Will FollowMe.llc have access to my wallet? No, all funds are purchased and monitored solely by the individual utilizing FMT. Services are available in the event help is needed to set a wallet up. However, all information associated with the wallet is under the sole ownership of the buyer.
Yes, cryptocurrency is legal in the United States. Ultimately, the legality of the crypto market depends on each individual country. When investing, be sure to consider the creation source and country of origin for the cryptocurrency in question. Through FollowMe Global Business Solutions, you have immediate and personal access to the creators of FMT for all of your questions and concerns.
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How do I protect myself from fraud? If you are interested in investing in a cryptocurrency, be sure to read the fine print in the company’s prospectus for information such as,
1) Who owns the company? An identifiable and well-known owner is a positive sign.
2) Are there other major investors materially involved? It is a good sign if other well-known investors own the currency.
3) Understand the difference between owning a stake in a company and owning digital currency. This distinction is important. Owning a stake, or equity, in a company means that you have ownership in the company itself, while owning digital currency means that you are entitled to transact with and earn potential profits from the value of the currency.
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Is FMT the same as Bitcoin? No, FMT is a uniquely patented cryptocurrency with a specific utility. However, Bitcoin is the most popular cryptocurrency. The price of Bitcoin sets the standard and determines the overall direction of all other crypto tokens and coins. Therefore, if Bitcoin increases in value, so will FMT. If Bitcoin decreases in value, so will FMT. These market fluctuations are normal and expected. Remember, BUY LOW and SELL HIGH.
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If FMT a safe investment? All investments come with certain risks. It is best to invest in cryptocurrencies that project great tokenomics and are backed by reliable partnerships. These are just some of the many ways that FMT is uniquely positioned to dominate the marketplace.
No. However, investors are free to convert tokens for cash at any time. This is not recommended as the value of the token will increase the longer the token is held within the wallet.