AMA Satoshi Club x Katalyo, February 8th

We are pleased to announce our next AMA on February 8th, 2021 at 01:00 PM UTC Time: Satoshi Club x Katalyo

⚠️Click to see the hour
⚠️Total Reward pool: 10000 KTLYO

⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Katalyo Telegram group

We will have the following structure:

Part 1: 1000 KTLYO / 6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.

Part 2: 1000 KTLYO / 10 users – Open chat for 120 seconds. You can post Max 3 questions. Katalyo Team will select 10 questions and answer them.

Part 3: 80000 KTLYO – A quiz about Katalyo

For more details:
Katalyo – @katalyo
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish

Posted in Uncategorized

69 thoughts on “AMA Satoshi Club x Katalyo, February 8th

  1. The token is used to consume the services in the Katalyo ecosystem including creation of the NFTs. Katalyo token is also used to mint the NFTs which locks Katalyo tokens inside the NFT taking it out of circulation and decreasing the supply. But beside the NFTs, have you thought of different use cases for the token?

  2. the founders half a century of joint relevant experience in building software solutions for telecommunications and financial services industry. How is your previous experience applied in this project specifically. How many team members do you have working beside you?

  3. With more than two months in the market, $ KTLYO has obtained enough liquidity through the UNISWAP chain, however, it is Bilaxy that contributes volume, how does this happen? will we see her soon in other chains?

  4. I've read your monthly report and you tend to focus highly on marketing in the Asian markets. How about the European and the American? They are very important for future growth and adoption

  5. Will Katalyo have it’s own blockchain network with nodes and staking KTLYO tokens in nodes, independent of Ethereum or Telos?

  6. How does Katalyo Bridge accomplish cross chain transfers of tokens issued on Katalyo platform? Does the bridge lock away the number of transferred tokens on sending chain and free up the same number of tokens in receiving chain?

  7. Like most DeFi platforms that provide capability to do yield farming by staking their tokens, Does Katalyo DeFi also plan to include yield farming opportunities for their KTLYO tokens on their platform?

  8. DL algorithms like OpenAI’s GPT-3 have shown that – in the future – it might be possible to translate natural language into code. This would be a great feature for Katalyo’s platform. Are the developers looking into it as a long-term goal?

  9. Why do you think this project will succeed.
    What is your vision?
    What do you expect from the following year?

  10. How did name Katalyo came from? Is there any meaning of this ? And most important thing is the ticker KTLYO is very hard to remember many times when I try to search on coin marketcap I always type wrong hence I think this has made little difficult for many new people too. When you talk about katalyo and try to recommend your friends it’s hard to remember ticker symbol and that is big barrier itself. Would it be possible to change the ticker to something simple like KYO or KTL or KLY ? I have seen many other projects change their ticker like Raiblocks(xrb) to Nano(nano) that was taken positively in community and it worked for them. What do you think of this?

  11. The presale happened in December. How mych funds have you raised? Is it enough for future operations? what is the vesting period for the investors in the presale?

  12. Most DeFi projects experience sharp decline in coin/Token price when listed on different exchanges. This trend put users at a disadvantage to hold large number of tokens at the beginning of the presale. What solution do you have to address cases of such? Will $katalyo ecosystem allow for Buyback token buying mechanism after token sale.

  13. With KATALYO working with a good part of its users and using it’s non-code products. In your road map, it was stated that public beta is in Q3 of 2021. If part of your users are already using your product then, why is there a large gap difference in launching beta?

  14. The additional tokens are listed in your tokenomics as being listed as reserved from 6-48 months. Do you have a timeframe for release, such as 25% of the reserve every year until the 4 years are complete?

  15. You are registered in Hecimoviceva ulica 11, 10000 Zagreb, Croatia. Usually projects are registered in Singapore, Hong Kong, Malta, Switzerland and so on. What made you register in Croatia? Does the state support crypto projects? Aren't the taxes for crypto higher than in other jurisdictions?

  16. Telos and NULS are friends with Satoshi Club team from what I know. They are legit projects and I am sure that you are as well since you partnered with them. What are the terms of your collaboration? Do they get a % of tokens as well?

  17. What does KTLYO trying to achieve here, how does it different from other project like UBT PRQ. And what is the roadmap ahead.

  18. Katalyo is a hybrid platform, meaning that it has features for building both centralized and decentralized features which enables building of end-to-end solutions. What is a hybrid organizational structure? What is the difference between hybrid and matrix structure?

  19. Katalyo is a hybrid platform, meaning that it has features for building both centralized and decentralized features which enables building of end-to-end solutions. What is a hybrid organizational structure? What is the difference between hybrid and matrix structure? Could you give me an example about end-to-end solutions ? Am I able to create token (both fungible and non fungible), execute different smart contracts as a part of workflow but also build a web based front end like forms for data capturing, etc.

  20. Hey Ivica. I would love to know what kind of users would you be onboarding to the private beta, as a developer is there a select criteria that makes a dev/project qualified to use the private beta and if so what is the criteria? Do you already have a set of devs who’ve shown interest and are ready to use the beta?

  21. your one of the key feature is crosschain startegy. That’s quite cool conceptions. I wanna know what chain is avialable now.
    and i saw the explain that it can achive by supply token to all support chain, so if you want to expand the support chain , should you supply the tokens to that chain for expand survice chain? then, how can you supply that tokens for new survice as a provider of this project?(maybe max supply is limited so, can it be occur infinitely? and i can find this support needs same amount of token (not sure but in my understand) at each chain, how can it be adjusted?)

  22. i can find information that 85% of total supply is locked for 4 years at your site. that’s looks quite unusual because 85%is very big number and 4year is quite long time too. I wonder why your team select this way and how it will effect on $KTLYO token? why you make this decisions? I wonder about your future plan that make this decisions.
    and how will you uses left 15% of tokens?

  23. I think ‘no-code development’ is very interesting, it’ll definitely lower the huddles for common people who want to make dApp but don’t have any experience. but, at that time I concerend about no-code development’s limitation. isn’t it hard to make furture more complicate dApp without any code? I can find it example for using ‘manages any datas, receiving calls, automated dividends’. I wonder if I want to make more complicated apps, will it can without code? It’s only for simple designed one Iike managing something? I wonder the limitation of ‘no-code development’ and your road-map.

  24. I saw Katalyo will offer quite a lot of features to your users depending on what or who they are, are you going to devide the platform on categories with every feature available for everyone? Or will you separate users from the beggining depending on their needs and give them only the tools adecuate to their necessities? Will any of this have a cost, if for example, I want to have absolutely all features available for me no matter what I really need?

  25. I read on your litepaper that “Katalyo is running on a propietary No-Code engine”, could you explain more how that is possible and what does that mean? How this make Katalyo different from projects that are built similar, for example, different from Katalyo’s main competitors such as: unibright.io, or those no-code platforms coming like Appian and salesforce?

  26. I read that one of the benefits from our developments at Katalyo will be “Capture know-how as NFT”, could you explain this a bit more? What exactly is “know-how” and how can I capture them as NFT? What do I need to capture then (in terms of requiremts for it) and then make them NFT?

  27. You’ve made an alliance with NULS and now $NULS users can stake their tokens to earn $KTLYO. I want to remind Nuls premise “Nothin makes blockchain easier”, how is this partnership making things easier for Katalyo?

  28. $KTLYO is now on Uniswap with liquidity locked for 12 months, that sounds great for the future of the project, after these 12 months what will be next? What’s the next level for Katalyo?

  29. I read that NULS Proof of Credit Mining (POCM) is similar to a crowdfunding platform allows anyone to raise funds and jump-start a project. Why did Katalyo choose to launch its SCO on NULS POCM over other similar crowdfunding that has increasing popularity, track records of excellence and a growing userbase like Binance launchpool? How is this a win-win for Katalyo project and $KTLYO token holders?

  30. Katalyo Project shares similar views with Billionaire, Mark Cuban and other experts on the huge potentials of NFTs and Defi in the crypto space. Can you share with us your plans for NFTs? Do you believe NFTs have the potentials to disrupt the crypto space?

  31. One of the usecases of KTLYO token is for minting NFTs, which I think is unique and rarely found. I think you are serious about developing NFTs. What is actually your vision regarding NFTs? how will you manage this potential aspect?

  32. Of the total token allocation, I see only 10% for public needs, the rest is for private needs such as development, marketing and team. Do you think the allocation for the public is not too small? how will you keep the remaining allocation not on the bad track?

  33. Katalyo will about the interaction between multiple chains with its bridge technology, but how many “bridges” have you planning to create to connect different chains?

  34. I can build new digital products without writing a single line of code. So what do I need to do to build applications with Katalyo? Do I need to make KYC? Is holding or staking token required? Are there any fees to join the system or create app?

  35. Katalyo uses a no-code enigne with a lot of visual functionalities like point&click and drag&drop based tools which I’m concern it might require a good perfomance of the computer to work. Does anyone can use this engine with a basic machine or there is any special hardware requirement?

  36. Users can get benefit from their development at Katalyo, like tokenizing their logic and features, if I want to tokenize a feature is there a capital needed to start the process? How can some start this process from zero?

  37. Katalyo KILLER feature or most attractive thing, is its capacities to built a DApps without write a single line of Code by the owner, but this Dapps are really good to compete with others Dapps built in other platforms?

  38. Few days ago Katalyo announced it’s strategic partnership with the Chinese project NULS, so I’m very interested in how is gonna be this relationship, so can you explain us what is your personal objectives with them.

  39. Users do not need to write any code to create applications on Katalyo. But still, they will need to know how to work on your system, and they should learn what kind of apps can be built on your dashboard/panel. So do you have any tutorial kind of training documentation and practical samples? Do you plan to hold live educational sessions?

  40. What do you think of the current state about NFT market? Are your project interested. Will it be the next DeFi hype? What solution does Katalyo offer for NFT?

  41. Katalyo already to working with some of the clients who are using your no-code production. But on the road map and You’re have stated that your public beta is in plan Q3 of 2021. If some of your clients are already using your product then why are you going to launch the beta after a long gap?

  42. What is the tools provided by the platform for smooth transfers across the Katalyo Bridge? How do you do to solve interoperability and sliding problems within your project to avoid delays and frozen or denied transactions?

  43. Stacking, Liquidity mining and Yield agriculture has become a very popular in DeFi space concept and a strategy for DeFi projects these days, does KTLYO have a similar plan to encourage KTLYO adoption?

  44. NFT as the trend now in cryptospace and has a huge potential in some areas like in collectibles specially in gaming & many more. So what are the innovative new products the KATALYO will built around the NFT marketplace? Also is it true that KATALYO is launching your very own coin? If so, for what reason?

  45. Correct me if I’m wrong, Katalyo is for building NFTs and not by earning it, right? So how is NFTs connected or how you going to used NFTs in the Real Estate Tokenization Project you’re building and working on for your customers? Also it’s your biggest use case right? Can you share more of KATALYO’s use cases?

  46. Talking about the Crosschain in Katalyo, you believe that cross-chain integration is critical for blockchain and DeFi to reach it’s full potential, that’s why you’re building Katalyo to have cross-chain capabilities from the ground up. So what are the reasons why you decided to have that kind of strategy? Also how will crosschain capability playout in practice?

  47. Tell us about real estate tokenization on the Croatian coast. What is the role of the Katalyo platform in this process? What is real estate tokenization and how did you manage to convince investors to use cryptography? How do such assets fit with the local authorities that keep records of title deeds?

  48. I found information that 85% of tokens are locked for different periods of time. Tell us about the types of locks and at what rate the unlocking will take place. And it’s also interesting who are these lucky ones who now have 15% of unlocked tokens?

  49. Ktlyo is a token on the network Etherium. But in the roadmap you are talking about creating bridges with EOS and Telos. Why did you choose these blockchas? And maybe in plans to start your own network?

  50. You said, you are already working with some of the clients who are using your no-code product. But on the road map, you have stated that your public beta is in Q3 of 2021. If some of your clients are already using your product then why are you going to launch the beta after a long gap?

  51. I saw that your KTLYO currency is traded on a limited number of markets. Are you going to trade KTLYO in other markets such as Binance, Kraken, or Bitfinex?

  52. I read from your site that Katalyo will have an event trading competition with your partner
    from BigOne Exchange. but unfortunately there is no info regarding when or other info about that event.
    So when will this trading competition will start ?
    how to join in that competition, do we only need to trade Katalyo to win ?

  53. According to your website,every Katalyo application is a collection of building blocks called resources (datasets, tasks, notifications, integrations, tokens). To build applications with Katalyo you just need to build your resources. Can you explain how to build resources in Katalyo? What are the use of this resources? How to access Katalyo application? Do we need to subscribe Katalyo application to build resources? In what way,we can make income with Katalyo? Thank you

  54. Can you briefly explain what really the main services or products offered by Katalyo? In what exceptional way we can earn profit or income in your platform? Thank you

  55. Recently,Katalyo is collaborating with Nuls. So can your describe the purpose and objective of this partnership? What particular benefits you gain to each other as a partner? Does this collaboration consider as long-term? Thank you

  56. You said on the telegram that Katalyo already become a Revenue-generating project,
    so if you dont mind, can you please explain how is your project get the revenue?
    is it from token sale ?

  57. i learn that Katalyo project already establish since 2 years ago, its not a new project and also Katalyo already
    have a product that can be use by client, so can you explain about what is Katalyo product? is it related to crypto world ?

  58. Cross-chains, bridges between blockchains are now very popular topics. Suddenly everyone decided that one cannot live without bridges. And I don’t understand how they can really be used. Let’s say you announce the launch of a bridge to the EOS blockchain. How can I understand in practice that it works?

  59. Katalyo is smarter, faster and cheaper way to automate operations and build new digital products without writing a single line of code. What about security of the products build with it? What kind of security are you employing to safeguard your clients?

  60. Katalyo’s mission is to help Telos become one of the leading blockchain networks that will foster adoption of blockchain solutions to the benefit of mankind. Many projects right now are looking for crosschain solutions, do your platform plans to add this feature?

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