Callisto Network Telegram AMA 07/23/2018



Tio



Ask Me Anything 23-07-2018

QUESTIONS BEFORE AMA OFFICIAL START

I am generally a big fan of coinomi, and love the fact that i can also switch coins in coinomi with shapeshift and changelly, so if i could also stake my coins there that would be amazing

It’s a good point. Coinomi is a good Wallet. I don’t use it because I prefer manage my private key but I had used Coinomi in the past. If I need to suggest a wallet for my parents I would suggest Coinomi.





When hitbtc?

When we fill all documents.





Right now the status is:





- We’re locked 🔒 by the KYC process. I don’t understand why.

- Emily (our support agent) is asking us by corporate documents.

- We’re incorporating a company and translating the documents (I’m at Colombia)

- I started a conversation with another business manager on HitBTC to unlock the KYC process.





This process is a patience challenge





But where, in the state Clo it is registered as a company?

Bogotá, Colombia.

Here doesn't exist cryptocurrency regulation yet.





When listing on binance ?

Binance has a listing fee high for now. >2 million .





We need to increase the market volume first.





Zcoin was at open is 1 dol,then dropped to 1/5 of that price.and then up to 100x do u believe in clo?

ZCash starts in >300USD, drops to 28 USD after reach >500USD.





Is this reaches 1£ at Dec 2018? (Will CLO reach 1£ at Dec 2018?)

I can’t predict CLO price but our roadmap is on time





I don't understand CLO road map clearly? So please clear me.

Basically.





We will deploy Cold Staking after Nov 1st.

On August 1st we will deploy our new website and we will start a good marketing plan with the new website

We will start a CLO emission reduction after block 5M





Price CLO down. so that investors panic?

Maybe yes.





- We made a mistake trying to exchange 4BTC to reach a new exchange.

- The BTC price increased quickly, a lot coins falling in BTC price, check it out by example ETC.





Why there is not CLO wallet address for deposit CLO in Yobit. Net?

Each Exchange internal matter is unknown for us, but we paid 0.2 BTC the last week to turn on the wallet. We are still waiting.

On Discord I put the ticket image , the proof with the dates:

https://media.discordapp.net/attachments/420678060451299329/470807448689704960/unknown.png?width=1440&height=996





They (exchanges) have to much power and control..

Yes, centralized exchanges could turn on a serious problem in the future





Yohan, one question (sry for my english). Russian community of clo is big (about 1k members in chat, than english chat have 5k), but you have marketing program only for english article writers. will clo team open marketing program for other languages?

Our Head of Marketing speak Russian. You have a good point.

We see stats and the main languages are:

- RU

- CN

- KR

- TR

- VI

- ES

We don’t know each language if you want to help us with marketing for your la gauge you could open a proposal or send me a email to yograterol@callisto.network





I think our important thing now is to find ways to increase volume!

You are right. It’s my obsession





So how long will it be admin? I waited nearly 2 months (question about listing on new exchange)

We’re waiting since four months between conversation and negotiation. I would like to give you a exactly date.





Right now we’re contacting an expert company in list coin in exchanges. It’s exhausting scale the conversation between a lot of people until reach the right people inside each exchange.





There are many proposals. Will they have answers?

The majority could receive quick answer. Not all.





Is AMA beginning?

Not yet. But if you want I’m always online between 7am and 9pm UTC -5





Yohan Graterol:

I was thinking, we don’t have a lot of resources like an ICO.





We have the treasury fund but we can’t sell a lot of CLO.





What do you say about to create a private fund where the interested investor join on it to buy CLO from the treasury fund (special pricing) with the goal by example, get enough BTC or

ETH to list CLO in some Exchange.

We have a financial report and we could send investor reports too.





Reactions on this idea:

That's a fantastic idea

Yes good idea

I dont think its a good idea, why wyoud you sell any CLO to interested investor for the price which is less than on exchanges? Just sell clo on exchanges we listed for market price

So, I think it's good idea. Thank you for your answer





Why would you sell any CLO to interested investor for the price which is less than on exchanges?

Sometime we need to sell more BTC, over the order book. If we sell and clean the order book the market crashes





Just sell clo on exchanges we listed for market price

Sometime we need to sell more BTC, over the order book. If we sell and clean the order book the market crashes.





You can also do a reverse Dutch auction every quarter

Yes, an auction could work too. It’s more fair





What difference between special price and normal price are you planning ? In % approximately

Right now I can’t set it. But it could be lower to the market price. But if it is an auction the price could be almost the same.





Good question (about previous question), and I have more: is it going to be a fixed discount for all interested? What is minimum purchase requirement?

I don’t have answer for that questions now. But we could create the final plan and present it here to every member and improve it if is needed.





Selling for investors may drop the price for a while, but will allow the project ti expand and the price to increased later, and of course, dropping the price wont hurt miners as the difficulty will drop as well.We really need final working listing on hitbtc. Than clo will show on whattomine and miners will increase rapidly diff up price up.

Yes. It’s really important. Every day I Think in it. I love CLO I’m here to grow this coin





So, I think it's good idea. Thank you for your answer

Thanks for your time. We will open a voting system with smart contract for the proposals from the community and from the organization.

I see fair that every community member could vote for each proposal.

There will be manipulation of the voting results.

Maybe yes, but Not necessarily

It is necessary, if not to develop a system of "one person - one vote"

Or one address - One vote. Or height votes with CLO supply.

I see your point, if you have a developed system i would like to talk with you.

Ok, but you should work on it thoroughly, there are many hidden dangers

Right. I see it.

We will deploy the firsts versions in testnet first.

We thought out a smart contract for voting and provided for the identification of users

Yes, it’s has a lot of challenges .





Are we doing the vote for coinex listing?

Yes, but for now without bounty. It requires ID verification.





Thank you man. Will still pushing to get listed on major exchanges asap?

Yes. Every day.





How many tps has clo? (tps = transfer per second)

~15tx per second.

How about a buy clo with btc button on the web site? or buy clo with etc

👍 we could add it in CEW, ClassicMask and the website. I like.





Yohan Graterol:

Btw, we’re looking for Rust Developer. If you know one, we could pay a referral fee.





AMA OFFICIAL START





Yohan Graterol:

Before our AMA I tell you some history





Crika and Mario was first collaborators of CLO.





We stop working with both a couple of months.





Recently we paid a bribe to Crika to recover the Reddit community. Here the tx: https://cloexplorer.org/tx/0xd1fe5daf5422b953498b0b53d5b830b1235070314a1e49c33dc59850b4999d1c

And yesterday, Pex (friend of Crika and Mario) wrote me about a new payment for Mario. Around 150k CLO.

Additionally, If we don't pay it to Mario he threats in create FUD around CLO.





He was created FUD few weeks ago.

You could check the conversation here:





So, I understand different opinions and positions from any member of the community, however I do not accept this type of threats. This is not a kindergarten.





Any way to take legal action against him? Do you know his name? We could expose him, he is blackmailing us

I will talk with lawyers about this. If here is a lawyer plz DM.

Mario and Crika was old members, maybe someone knows them.

Pex, I met Pex recently.

I see fair talk with yout about this situation to avoid misunderstandings. If someone has questions, just ask me plz.





Those accounts that he has under control are in Telegram or Twitter? I think Twitter can help about it if it's difamation but no idea. Youtube does delete videos that difamate companies.

Both accounts are Telegram groups. We're trying to take action about both groups. If you are there, the best action is leave it.









Nice story..... Is that reason he was fired from team some time ago?

No. Mario was fired because we had new Telegram admins, a lot. And before it we lost a Telegram group by porn content.





Problems in team's must stay in team's, we must hear only good news

Nick Sawinyh: We strive to be transparent as much as it possible with such issues.

Yohan Graterol: 👍however, it's not a problem in the team. They are not members of the team.





Hi, Yohan! Just two questions! Is there an opportunity to deploy and use smart contracts in the Callisto Network? Can I create DApps already?

Of course man! This week our new faucet system will be online to give FREE Test CLO. You could deploy smart contracts with Truffle or CEW.

Is MetaMask support the Callisto Network? And if not, what is the possible replacement of MetaMask to realize the interaction of the web side client with the Callisto Network smart contracts? Thank you!

Yes, we will make changes to ClassicMask to add better support to CLO, right now has a basic support.









Hello Yohan! I have several questions to you: Whether tokens in Callisto's network are planned? (it will create additional support to the project and also it will be possible to show audit work for example on ERC223)

For now I just know a couple of tokens planned for CLO and I am planning a token for eSports gamers. I would like to support that industry.





What plans for increase in capacity of network? (as with growth of interest in the project need of speed will grow)

I really like EOS, we could get ideas from EOS to implement in Ethereum based code.





Whether start of the decentralized exchange like Radex and Etherdelta is planned? (fully metamask, classicmask, CEW, MEW, ERC223 will begin to work)

Do you want to start that project? It's welcome if you want to implement Etherdelta for CLO and get some idea to implement a cross chain exchange.

What plans for atomic exchange between ETH, ETC, CLO networks? (it will promote growth of the project and use of direct transactions)

Related to answer 3. We're focused on Roadmap milestone for this year: Cold Staking and Hard Fork 1. I would like to support you if you want to implement this.

That github has been sold to Microsoft and leakage of your know how in Microsoft is respectively possible

We don't have plan to move to another Git service. However, I really like Gitlab, it's a good company.





Let's speak about audit. Whether must I buy CLO for audit my smart-contract ?

For now it's free without CLO holding, but in the future you must to stake some CLO to get an audit for your smart-contract. We never will charge anything, when the audit is finished you will receive your CLO, we will cover the cost of each auditor from treasury fund.





For audits can the customer remove his CLO's from the smart-contract at any time?

No, the idea is at the ending of the audits.





Ok ty for answer. By Audits they more CLOs are purchased the greater the priority?

Yes and the cost depends of the size for the audit.





Hello, i know you’ve been asked too many times, hitbtc , are you optimistic for progress? I know u mentioned kyc issues but are you ontrack for incorporating as company?

We need to be optimistic. Our ONLY work is to finish the KYC successful.





Doesn't matter the way, we need to get HitBTC soon.





Ok obviously you’ve invested into that so hopefully its done thanks.

The money is secondary, the main goal is get more market for our coin.





Small exchanges killing the price of clo

It's not a question but, I think that a small volume of the market affects the pricing of an asset. You're right. This volume will no be for always.





I would be interested in marketing updates

It will be posted soon on our blog.





August 1st. Deadline to:





- Launch the new website

- Post the marketing updates/plan.





If staking would be implemented, that would sterdy the price with low volume

No, Check it out this paper co-created by Dexaran:

https://docs.google.com/document/u/1/d/1LpRHzW7gGV1JfiXUQOmW-UEVF9TCNNWrYiItDuLgiGA/edit?usp=sharing





Question about Cold Staking, when concluding a smart contract, it can not be canceled until the end of the number of blocks?

No, maybe it could change. But the idea the cold staking is finish all process until the latest block.

Thanks for the answers, the project is really worthwhile, and I hope the team will succeed!

With your help we will have success. We are doing the 50% of the job, the rest of the job is part of the community





I will make some outdoor marketin in Bucharest Romania.

We could support your initiative, please DM





Is Dexaran still in project ?

Of course, he is 100%. But unfortunately the latest month he had health issues. Right now the team is supporting him to he recovers his health.

is he sick?

Yes

With what?

Reserved.

Maybe can we help him ?is he needed in our maintain?

Any helping is welcome. You could help with your social networks, with your skills, etc

Ok 👌, i hope health of dexaran will be better asap

🙏 Yes. He will return with a lot of energy.





When it will be list in other exchanges ?

We have a offer from Sistemkoin. Yobit maintaince ticket is open.

It’s will be on bitrix or Binance ?

We will try again with Bittrex. From Binance we don't have enough funds to get it, >2 million of dollars 🙁





Why was Turkey chosen next for the listing? (Sistemkoin). Is there a reason for this?

It's a good market. Like India and Indonesia.

@Darwino is working hard with Indodax for Indonesia.

It's the bridge between east and west. very good idea. look at some of their crypto project......

Yes, our current team has people from:





- Asia

- South America

- North America

- Europe





I'm really happy with my team.

Turkey would be good

You're right





After last year's large number of ICO scams, are the exchanges interested in projects like yours, or do they only think about money?

Well, ICO scams has a lot of money to pay listing fee, a lot of exchange could happy receiving that money.





Our project has not ICO. We need to reach each exchange with our pockets and part of treasury funds.





Can we make some meeting with comunity in some availible place, for example Bangkok Thailand

Of course, I am happy with that events.

We have big crypto community in Thailand, and we can help with organization this event. With whom can we talk about this ?

with me yograterol@callisto.network or nsawinyh@callisto.network





Darwino: I suggest we can build a group Telegram for Thai people talking , and if there a matching the requirement It can be an official group for Callisto





What block number when reward reduces?

32% each 5 Million

How much clo a month total goes to the development team?

Right now, 20%.

After the first hard fork, 10%.

20% of all mined coins??

Yes. Until november.

It's not only for the development team. We support external proposals and we will pay audit from the treasury fund.

"32% each 5 Million": How much will the award be given to the miners / developers? Or until it is decided, in what proportion?

70% miners, 20% stakers, 10% devs (maybe less)





At least you have a team on the project. unlike most others. I think, that is one of the main reason clo will be a good investment.

Thanks, we're looking Rust Developers and Python/Go Developer.





What incentive for dApp developers to build on CLO vs ETH vs ETC vs EOS vs ADA vs vs vs vs

Right now, we have a weakness there. We need to get the dApps developers with tools.





Faucet, ClassicMask 100% integrated, CEW, Audit system, better explorer.





What is involved with auditing. Im a dev on REDN. I’d love to help audit but not sure what it entails.

If you are developer, you could learn from our audit master.

However, if you are developer we could set another project for you too.

How many people asked smart contract revision from callisto team until now?

around ten people in the first stage, after august 1st we will promote it with ads.





Yohan you from US?

Colombia/Venezuela.





How many auditors in clo team now?

5





I respect the man for working his ass off and still making it out on top

That's true, I think that everyone here is making the future of crypto world

Like i told many people. Contracts need to be audited

Of course, we want to prevent simple cases like Parity multi sig wallet 🙁 a lot of money lost. https://medium.com/chain-cloud-company-blog/parity-multisig-hack-again-b46771eaa838









Thank you very much Yohan @yograterol Will see you on the next AMA. We would like to finish it for today!

Thanks to everyone! You could write me anytime, I'm here always for you



