#AMA: For those who missed our live Telegram-chat







As you already know, today was the regular session of questions and answers from the BitClave's CEO - Alex Bessonov.

We have collected all your questions from the moment of initiation of the 2nd #AMA and Alex gave detailed answers to each of them in our Telegram chat: https://t.me/BitClaveCommunity.

Thank you for your support and initiative!

And for those who missed the #AMA session, we collect all questions with Alex's answers here.





1) #AMA What is the timeline for releasing the full decentralized search engine product?

We have released a first version of the product that uses BASE (Machico). The fully decentralized version is still work in progress, as BASE gets its own development as part of the platform

Today we issued the first newsletter, that would be now released regularly with updates on the team, the projects and our overall progress.





* +Q1: This does not track whether the user actually contributes to the offer. How do you plan to track this in order to complete the rest of the BASE functionality?





The functionality of BASE is open sourced. We didn't update the repository for a while, but more updates are coming. The "activity tracking" functionality was not fully deployed to MatchICO yet.

One of the goals of the platform is to provide an SDK for developers to build their own matching algorithms and use the activities as they prefer.





* +Q2: Will purchases within BASE need to be paid for with CAT?





Yes. This is one of the options, but ultimately this is something that businesses will decide to do or not to do.





2) #AMA Any opinions on the price dropping below the ICO price?





We do not comment on the price of the token. Our focus is developing the ecosystem and supports the products we developed.





3) #AMA what's your prediction for the end of 2018?





A very successful year for the crypto community! Looking forward to more scalable ETH and believe in the development community!





In general, we believe that cryptocurrency will become a future of internet transactions and will eventually replace any fiat transactions.





4) #AMA how are you planning on advertising the Base ecosystem and Bitclave, in general, to appeal to the masses?





Our focus is primarily on the development of the ecosystem. We believe that a strong community of developers support is essential for a success of any crypto project.





5) #AMA Has the offering been structured to comply with the securities laws and, if not, what implications will that have for the stability of the enterprise and the value of my investment?





Yes.





6) #AMA I’ll be in SJ. Can I come to the office? I’ll bring Pizza Red Bull and Adderall.





Please let us know when you are here and we would love to meet! Hit me on PM by Telegram

We are more a veggie people with preferences to the salad- a necessity after the long TGE nights.

🙂

7) Will there be a minimum viable product (MVP) released in Q1? #AMA





MatchICO is released back in October. Please make sure to try it out and provide us your feedback!





8) #AMA When can we expect the website redesign and what can we expect as far as new features for the new website





I hear it is moving quite well, but not completed yet. The website is going to be much cleaner and become a central point for all our future communications as well as products. We hope you will like it 😘





9) #AMA How is the white paper translation going and when can we expect the release and what languages were chosen?





The white paper was translated into multiple languages already. Please let us know what languages are missing. Also, if somebody wants to volunteer for a video explanation of the white paper, please let us know.





10) #AMA Сan you go more in detail about the project Crypto Search. For example, who is involved in the project and when can we expect the release?





This is our cool new project. The details are not announced yet. We will keep you posted though 😉





11) #AMA most sites have a section called FAQ has almost all information regarding the company here is an example with BAT is this some of the new features we can expect from the website redesign? https://basicattentiontoken.org/faq/#meaning





We have several FAQs spread over the Medium and we will continue FAQs as we progress. Please check out the latest newsletter. The questions keep changing, so we believe in a dynamic FAQ.





12) #AMA Are you planning on focusing on a specific domain/sector to become number one search there before taking on Google? E.g. become the best search for everything crypto? One could build useful widgets similar to how Google automatically pop-up conversion tables when querying "10 kWh in MWh". Or how it populates a flight schedule table when you query "fly from Amsterdam to Zurich" once dominating a topic then Branch out further with your loyal customer base





Yes. #cryptosearch





+Q13: Are MatchICO and Crypto Search the 2 main products or more. Did ring work in parallel currently in early stages?





Yes. We are developing several use cases mentioned in the white paper. However, our main focus is MatchICO right now. It already has a go traction amongst both users and ICO companies.





13) #AMA Since we own our search data, will you allow for a mechanism for advertisers to bid to advertise to us and if we accept it they bid/pay in Bitclave which we receive and can then trade or hold? If so what is your roadmap for setting up the bidding auction for advertisers and how do you plan on getting them on board? You will need a huge number of daily visits before they get interested. ( Maybe the focus on specific sectors?





This is correct. We are getting a lot of traction with the first products already. We can't provide details on the future products, but we believe in a strength of our ecosystem and our community.





14) #AMA when you discussed adding features to MatchICO and Crypto Search when released will we be able to use other Currency to validate the Wallet vs ETH only?





We are currently working with ETH wallets only. Other tokens will be added as we progress.





15) #AMA many companies are now using video's to fully explain the company and especially the white paper. Given the white paper is too complicated for most. Wouldn't it be good to have one in video-based so people can better understand what Bitclave is since we are not publishing a roadmap as most were doing in the past?





This is a very good idea. I think there is a bunch of videos on youtube already explaining some of the features from the whitepaper, but we are planning to add more. It is important to continue an education of the community and help people to understand the role of BASE👩‍🏫