Here you can see a summary and simplification of the BeFaster.fit protocol without the distinction between crypto income and FIAT income. The essential thing is that all income is converted into crypto. 50% of it goes to the owners, 50% stays with us and is distributed proportionally to the BeFasterFriends and the ranking list.
Total sales BeFaster.fit
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What might interest you as an investor.
1. WHAT IS THE BFHT?
The BFHT is the BeFasterHolderToken. All holders of the BFHT have the right to participate in the success of BeFaster.fit. 50% of the company's revenue is distributed to BFHT holders. The more BFHT you have, the higher your distribution. This is recorded in the blockchain, distributed via smart contracts and can be tracked in the wallet.
The BFHT is ONLY the investor token. NOT the InApp token.
The number of BFHTs is limited. New BFHTs will no longer be created.
BFHT holders get special discounts and offers as well as exclusive VIP features in the DApp.
2. HOW CAN I EARN MONEY WITH BFHT?
BFHT holders earn money in 4 ways:
- increasing revenue through BeFaster.fit and thus increasing distributions,
- increasing the value of the tradable BFHT.
- the distribution is made in cryptocurrency
- stake the BFHT for a longer period and receive up to 10% APY.
3. WHICH SALES DO I PARTICIPATE IN?
The revenues generated by the company are split 50/50 between the investors and BeFaster.fit. These revenues can be generated through fiat revenues and cryptocurrency revenues. According to the BeFaster.fit Multi Currency Option, each BFHT holder has the choice between several cryptocurrencies in which the personal distribution can be made. The choice is not permanently binding, but can be changed at any time. The distribution in BFHT and TERC is free of charge. If another cryptocurrency is selected, a fee will be charged in the respective currency. The cryptocurrency of choice is purchased from the market and transferred to the BFHT holder via a smart contract.
4. HOW IS REVENUE GENERATED?
BeFaster.fit revenue is generated through InAPP purchases, such as the sale of VIP packages, skins, numerous training plans, add-ons etc. This also includes the sale of gadgets and merchandising items. Another source of income are the challenges, for which a fee is due.
5. WHAT IS THE RELATIONSHIP BETWEEN MY INVESTMENT AND THE PROFIT PARTICIPATION RIGHT?
We are talking about a total of 300 million BFHT. Depending on the percentage you hold in BFHT, the distribution of your revenue share will be transferred to your BFHT wallet in the same proportion.
6. WHEN WILL THE DISTRIBUTION BE MADE?
Revenues generated from crypto revenues are distributed on a daily basis.
Revenues generated from fiat revenues, i.e. those processed through Google, are distributed once a month.
7. HOW IS THE DISTRIBUTION DONE?
The distribution is blockchain-based and via smart contracts. The revenue share is distributed only on the staked BFHT. To receive your revenue share on your wallet, you need to claim it. Before claiming, you can choose a cryptocurrency according to the multi-currency option. The cryptocurrency of your choice will then be bought from the market and transferred to your wallet.
8. DO I NEED TO HAVE A CRYPTO WALLET? WHICH WALLET?
Yes! To hold BFHT and receive your revenue share, you must have a cryptowallet. A transfer to a regular bank account is excluded. Recommendation: Never leave your tokens on an exchange for a long time.
9. WHAT ARE THE RISKS?
The main risk is that the DApp will not be accepted as quickly as expected by the world's runners and that the number of users will not grow as quickly. However, a strong online and market presence by involving global players is the solution. There are general risks, such as losing the private key to access the wallet. In this case, BeFaster.fit cannot be held responsible for the loss. Read about the risks in full in the GTC.
10. Do I have to stake my BFHT and how does it work?
Yes, you must stake your BFHT in order to receive a sales reward. With the BeFaster.fit DeFi Staking Protocol, staking gives you the opportunity to stake for a longer period of time and earn additional Staking Rewards.
11. How does the "Longterm Staking" work? How does the staking pool work?
Stake your BFHT for a period between 14 days and 2 years. Receive up to 10% APY for doing so. The Staking Rewards are paid out daily. Only the not compound option is offered, which means that the Staking Rewards are not automatically staked. This gives you absolute flexibility to decide what to do with your Staking Rewards. You can sell them or stake them "on top".
12. What happens if I unstake my BFHT prematurely?
For premature unstaking a penalty of 10% is due. This affects the staked BFHT, as well as the so far distributed rewards for the respective staking period.
13. How does the Staking Pool work?
All "penalties" for early unstaking go Smart Contract - based back into the BFHT Pool, which distributes the Staking Rewards. The BFHT - Staking Rewards Pool participates in the sense of a BFHT holder in the distribution of the revenue share in BFHT (Multi Currency Option) and thus fills itself again and again. If it should be nevertheless used up at a time, then the service is closed and it applies exclusively the Staking "1st status".
14. In which currency will the revenue share be claimed?
With our innovative multi-currency system, you can decide in which cryptocurrency you want your revenue share to be distributed. We offer the major coins. Your decision is not permanently binding. You can decide each time before claiming your revenue share again.
If you decide for a distribution in BFHT, the distribution will be free of charge. If you decide for another Major Coins, then a fee of 5% is due.
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