We were thrilled to host our first LIVE AMA for our Telegram community on Tuesday, 25th January, 2022, with our Founder and CEO, Jerry Lopez, Founder and COO, Rico Pang and our Chief Marketing Officer, Tatum April. We were truly blown away by the response we received, and for that, we are so grateful.
For those who missed out, here is the Q&A segment:
Tatum: Hi, I am Tatum, Chief Marketing Officer of Philcoin. I have over 10 years of experience working in marketing, brand management, advertising and copywriting in South Africa and the UAE. I’ve worked across multiple industries and my most notable clients include Old Mutual, PUMA and Habitat for Humanity.
Now I’d like to Introduce you to our CEO and Founder, Jerry. Jerry, would you like to introduce yourself?
Jerry: Thank you Tatum. Hi All, I’m Jerry, CEO and Founder of Philcoin. I’m a 17-year veteran in Marketing with over 6 years in the blockchain space with a major focus on international growth and community culture building. I also have a Masters in Ministry and Doctorate in Counseling with an end goal to create the largest ever philanthropic movement.
Tatum: Amazing, You’re an inspiration to all and it’s a great pleasure to be sharing in your vision with you. Joining us is Rico. Rico, would you like to do a quick hello?
Rico: Hi all, I am Rico Pang, Founder and COO of Philcoin. I have 20 years of entrepreneurship experience in emerging markets across supply chain management, e-commerce, technology development, investment advisory & corporate management. I am so excited about what Philcoin is going to do for the world!
Tatum: As we all are, Rico.
Tatum: Right, let’s jump into some of the questions submitted by our amazing community! Thank you to all who took the time to send in your questions — we only have time for 10 so we’ll answer those today. Each of these questions are awarded 500 tokens each so a massive congrats and thank you!
Here’s the first question from @frozenqueen111…
Q: How do you plan to spread awareness about your project in countries/regions where English is not spoken well like Indonesia, Vietnam, India, Bangladesh and Iran. Do you have local communities for them to make them better understand your project? Jerry, shall we kick off with you?
Jerry: Love this question! It’s so important for us to connect with people in the languages they are comfortable with, so the answer is “absolutely” we will be creating more social groups in more languages. Keep an eye on our Telegram channel and group for updates on the next communities we are launching.
Q: @sad100jt asked, What kind of innovation will be developed after the successful launch of the application and achieving such great enthusiasm. Will there be a breakthrough regarding the structure development at the beginning of this year? This is a great one for you Rico.
Rico: Philcoin is all about innovation so we’ll never stop improving and bringing new solutions to the fore. PHILApp is only the first of our products to be publically revealed for now. Next is our groundbreaking chat system which will connect people all over the globe regardless of bandwidth with features even more superior to more widely used apps. There’s also PHILBulb which can kill airbone pathogens in a room — including COVID-19, and more. More will be shared on all these products as we get ready to launch them.
Tatum: Awesome — and we can’t wait to share all those updates with you very soon!!
Q: @Ambassador2wrld asked: In terms of the Philanthropic aspect. Are the different organisations you are supporting in different categories. How are the organisations chosen? This one is for you Jerry.
Jerry: Yes — we are supporting different charities dispersed around the world. We are in talks with organizations in France, Madagascar, South Africa, Dominican Republic, the USA, India and Germany. There are autism centres, old age homes, havens for the abused, animal shelters, and more. We want to people to be able to give back to any cause they are passionate about.
Q: Love this question from @wizzypaid — how can philcoin be explained to a 12 year old who’s ready to invest in crypto? Jerry how do you describe Philcoin to your kids?
Jerry: This is how I explained it to my little ones — Philcoin is the coin that gives. No matter if you are rich or poor, from a modern city or a rural village, Philcoin was made to generate wealth for everyone. And because it is a digital currency, anyone has access to it at any time.
Tatum: That’s so sweet! Hopefully your kids can make a appearance one day and tell us about what their dad is up to!
Q: @Soppeez asked — Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry? Rico, over to you.
Rico: I’ve been in this space for a couple of years now so I completely agree — yes, blockchain projects come and go, and it comes down to a lack of planning and technical knowledge.
Philcoin has been in the works for over 2 years and our team has been strategically chosen and put together with some of the best minds in their industries.
Our founder, Dunstan Teo, for example is a crypto OG. He has been around since Bitcoin was a few cents — he knows how the industry works better than anyone! Philcoin hasn’t been developed to be a short burst of wealth generation — this is a project with a long-term vision, and a heart, to truly bring about impact to all!
Q: This is another one for you Rico. @RSituo says currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold this token/coin in the long term?
Rico: A token’s value is established by supply and demand. We’re creating this demand in various ways — through competitions, through donations and peer-to-peer transactions. The more demand is created, the more the value of Philcoin increases.
This is why it’s always a good idea to buy tokens as soon as they are launched — because this is when they are most affordable.
Tatum: Awesome thanks Rico — you’re a well of info.
Q: Jerry, @muinlyreol wants to know: Does your team have a professional background and sufficient experience in different fields? Will new members from different sectors be added to your Team as the project develops?
Jerry: Another super question! You’ve already been introduced to myself, Rico and Tatum. We also have Dunstan Teo as Rico mentioned earlier. He is our Founder and a well-known OG in the Crypto space from its inception. A builder of sovereign tech, president of multi advisory, an author and an advisor to exchanges.
We also have Robert Goodwill, Chief Philanthropy Officer who is the past President and CEO of Points of Light Foundation, which is now the world’s largest organization promoting volunteer service. Bob is from the former Bush administration and came to symbolize the dynamism and passion of the volunteer movement for nearly 20 years.
There’s Tony Suber, our strategic partner who is Executive Director and Chairman of SDG Impact Fund. He is responsible for executive leadership of the donor advised fund platform. As co-founder, Tony has primary management responsibility for providing leadership and direction in executive board management, financial operations, and DAF administration.
We are rigorously recruiting the best people for our team to help manage various parts of the project. This is why we have such a global footprint as we find the right people for our team can be from anywhere and any background — as long as they have the heart, skills and vision.
Tatum: What a team! And there’s more to come. Thanks for that answer Jerry.
Q: @Tomie_chana says: Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and investors to your project and keep them long term?
Tatum: Of course, as we know this space is HIGHLY competitive so I don’t want to give too much away. What makes Philcoin such a special project to market is its different pillars — there’s the tech/crypto element but there’s also the philanthropic side and the community angle. We have loads in the pipeline — from exciting competitions for the community, to philanthropic partnership launches, IDOs, KOLs, and more. Our official launch in Feb is just the beginning. There will be amazing announcements and AMAs every week along with special missions to those in need.
Q: @mast__balak wants to know: Can you tell what critical problems does #Philcoin_com solve that existing solutions are not solving and what’s the competitive advantage? Rico, one for you?
Rico: There simply is no single solution or platform for people to give back on a global scale and certainly not in the crypto space yet. Too many crypto projects have made promises of giving back but failed to deliver.
Every part of Philcoin has been created with impact in mind — from our app which can reach the most remote regions in the world, to our token that makes giving back easier to our website and donations area where people can give back where they want and when they want.
There’s also PHILBulb which is designed to safeguard people, especially children, from airborne pathogens, including COVID-19. These are specifically made for governments, schools and hospitals that can protect people on a mass scale. Imagine the impact this can have on developing countries that do not have modern-day resources to fight life-threatening illnesses!
Tatum: Incredible stuff! PHILBulb will be a flicker of hope to those in need.
Q: Here’s a really important question from @muinlyreol — Rico this is for you again. Investors are afraid of scam, exchange is afraid of scam, partners are afraid of scam, so what does your project guarantee not to scam investors?
Rico: Institutional investors, exchanges and IDO launchpads have very strict due diligence procedures before a project is able be listed, onboarded or invested in. Philcoin has gone through these due diligence processes and passed with flying colours. Stay tuned on the dates for Philcoin TGE & Launchpads announcements in this official telegram group!
Tatum: Awesome — thank you again to our community for all your pre-submitted questions. Now let’s open up to get those live questions in for 2 minutes. The floor is yours, ask away!
Q: Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?
Tatum: We are a global project — we are focused on markets across the world including the US, UAE, Africa, Asia and Latin America. No stone will be left unturned and everyone is invited to join the movement!
Q: Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspiron for approaching to this name?
Tatum: Our name is Philcoin — Phil stands for philanthropy and Coin relates to blockchain. We are bridging philanthropy and technology and our name is the perfect reflection of that!
Q: What are the steps to become a part of your community, and start getting revenues? Where do we buy, where do we sign up? This looks like an amazing project!
Tatum: The first step is to stay in our community and to be the first to receive exclusive updates on the project. There are incredible things on the horizon over the next few weeks including more AMAs, our official launch, exciting competitions and more!
Q: Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relatiionships?
Rico: We are working with world leaders of their communities in many regions & countries to join forces with Philcoin on this philanthropy movement!
Q: Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?
Jerry: We are very happy with our progress and we are taking our time to make sure we do things right. We want the community to find in us a place where they can count on a movement that matters.
Q: Is your project only for elite investors, how about others with small funds, is it open to everyone?
Rico: We are open to work with all strategic investors globally!
Q: Do you have Whitepaper if yes, please share it with us. Secondly do you have plans for pre-sale? Where can we join?
Tatum: Yes you can view all our material on linktree.com/philcoin — there you will find our whitepaper, website and social channels.
Q: What is your strongest advantage that you think will make your team leading the market?
Jerry: We are not competeting with anyone; we are the place where people can come to give back to the world.
Q: Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day you started this project?
Tatum: ABSOLUTELY! In fact, we are blown away by the support we have received so far — greater than we expected! We have over 100,000 community members so far and 60,000+ app downloads, and we haven’t even officially launched yet!
Thank you again for your questions — we really didn’t expect such a wonderful response. Rico and Jerry, you’ve offered AMAZING insight to the community, thank you! I’m sure your responses were greatly appreciated.
Before we sign off — I want to announce our NEXT BIG COMPETITION!
We’re looking at YOU to design our memes and stickers for our app — and you can WIN BIG if your design is chosen.
You’ll be making history with us and your designs will be used across the globe by over 100,000 users and counting!
Rico: Thank you for having us and look forward to the next AMA with the Philcoin Community!
Tatum: Look out for the official announcement on Telegram, Twitter, Instagram and Facebook.
I want to thank you ALL for your support — it truly means the world to all of us.
Any final words from you Jerry and Rico?
Rico: Thank you again and let’s work together make our world a better place for all!
Jerry: I would like to say thank you. Thank you for believing in our vision, and for being patient during this pre-launch process. Let’s get Philcoin to the world.
Tatum: Be safe out there everyone! We are grateful for you all.❤️