JOGUE AGORA

Kounotori Token ($KTO) x Tech Alchemy AMA


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LIVE � �  � � 


04.05.2024

Thank you. we have a lot of new people and I think. introductions uh kind of should be. thrown around if everybody wants to. introduce themselves. I guess I'll start uh I'm already uh CEO. of kto exchange and one of the the. developers of kunotori token. um. my job is primarily. organization and uh operations uh and. that's that's pretty much sums it up. with the technical stuff the wallet. management and so on. uh and that's about it. cool I'm soham I'm the founder at Tech. Alchemy I think a whole lot of you would. have seen me before. maybe not against this background. but I'm still in the same place. I'd rather like that background. do you you guys will need to come in and. uh. see it for yourself it's real it's on. our wall. yeah I've seen it. uh where is Mike uh. yeah he was here but I think he's having. trouble joining like he was having.

Trouble and he managed to join and after. he dropped out again. okay so so let's let's Dive Right In. um. you're all here to you know. you're wondering what is going on. um you know what one of the the primary. focuses for today is to you know have. Tech Alchemy here with us to answer all. of your questions that you may have. um. we have had. a few meetings with tech Alchemy you. know some of it being our first so you. know we're we're in the midst of working. on things here and uh you know we want. to let the kunatori token Community know. that the. the centralized exchange will be in full. development. um with with the intention of the. onboarding process coming within the. next two weeks. is that the onboarding process. as in for us to start up again. yes yeah exactly so well within two. weeks we. it takes you know as as we stuff up it.

Takes time for different people and So. within two weeks everyone will be on. ah so so you know I'm sure there's going. to be a lot of questions uh you know. some of the the primary ones is when. when when when when uh we we know it's. coming right so you know our intention. and our goal here. for the centralized exchange is to. tentatively have it done this year. um you know we want to give you specific. dates but we also know that you know we. don't want to lie to you in saying that. you know at this time at this date. um the centralized exchange will be. fully built uh our as I said our goal is. this year. um. and uh you know one of the things that. we are focusing on right now is you know. kind of where things have been left off. uh there's going to be several. conversations and you know as usual we. go through it um you guys will know when.

We know. um. the the whole point of this in in mark. my words that each and every one of us I. believe here are very comfortable in. saying that once we start we are not. going to stop no month to month. um this is this is straight through it's. from from start to finish and uh you. know filling you guys in along the way. with. you know how things are being built. getting you involved in the beta. versions uh soham you want to kind of. talk a little bit about you know where. we're we're going to be starting off. here and and you know what what are we. looking at like projected wise uh for. the you know the platform the. you know what's our what's our first. Focus yeah of course. um so you know very much what we want to. build but we want to carry on from where. we left off. and. as Auntie's already said we don't plan.

Well we're not going to stop I can give. you the assurances I can give you as we. we wouldn't do it if we were going to. stop and so we're not and the fact that. we're doing it means you can rest. assured that we're not going to stop. um so. there we go exactly uh the where we're. planning to start you give yourself too. easily. um when we're when we're planning to. start is well you know what we we know. what the main features of a centralized. exchange are as everyone knows you know. we need to build for deposits we need to. build for withdrawals we need to build. for on and off on in tokens and you know. eventually with Fiat so really where. we're starting is right where we left. off and what myself the kto team here at. Tech Alchemy and then obviously these. guys are going to be working on is. Road mapping that out at a Sprint level.

You know making sure that we're working. on things that make sense there are a. lot of moving parts for something like. an exchange right there's a lot of. different partners you need there's a. lot of different compliances you need. and we want to work in a way that. makes the most sense with who else. you're talking to and so if we have an. integration with part there a whoever. they may be we we you know we will work. together to get those guys on board. and we don't want that to affect. development and so we carry on. developing as we go. and so it's very much. building that building that road map. together. awesome awesome yeah I mean so so you. know it's safe to say one of the first. initial things is going to be focusing. on the you know the the platform itself. the the the process the order books um. from there you know the implementations.

On on what we do next uh we are we are. diving into and we're gonna dive into it. deep kind of make it make sense and and. go from there uh and just there's going. to be a lot of back and forth I'm sure. uh yay. um but uh you know I'm looking forward. to it it's. it's something a lot of the community. members have just been waiting to hear. you know that you know we're all here. we've been here for a very long time and. and for me personally it's just nice to. know that that everything that we have. done and have been waiting for is is. actually coming to life. um you know it's. kind of the biggest thing for a lot of. people is knowing that you know the. weight was not in vain. um. so if people do have questions I'm not. used to tracking them so if you could. put them in Q a that'll be great any of. the other chats I'm not going to be able.

To find it fast enough so. uh Jake put up a question uh I guess. Sohan this one's for you we'll see us. so let me I I see the question of coffee. cup. yeah what I'm going to say is my coffee. has gone cold but. it's meant to be in white I'll get it. heated up and I'm gonna I'm gonna show. you but usually this is in my. logo is already on coffee cups what we. need is the kta logo on the other side. and so if you can knock that up. absolutely or for it. that's probably going to be done by it. by the end of this exactly. um is the plan of nintai holders having. beta access still in effect so so we did. talk about this and uh you know there. was a large Conversation Over beta in. the importance of it and and we're. working through the details you know a. lot of of what we discussed was. we wouldn't want to see you know 50.

Different implementations come out and. then and then the the beta access being. kind of opened up and conjumbling all of. these uh different features and trying. to test each one where where I would. really like to see and and don't quote. me on it yet because we're still working. over the details. um is is as Jake I believe Jake put it a. rolling beta where we want to get the. beta access out you know as soon as. possible so that we can test these. features as they're being developed and. and kind of keep all the issues and and. you know the the tickets organized as we. go as far as you know the nintai holders. the uh I believe the golden tickets had. specifications on it. um all of what was originally planned. will still actually be in effect. um you know the early beta access will. be for you guys who who have put forth.

In that fashion yes. SMS. Jake also asked will the SMS 2fa be. mandatory. questions. um I mean I've what I'll say is I've. never seen a and the exchange not. require twofactor Authentication. doesn't have to be right and so like I. guess. it really depends you know these These. are kind of like technical decisions. rather than mandatory decisions. nothing's mandatory however it would be. smart of us to make some sort of 2fa. mandatory right because the problem of. centralization is it's centralized it's. it's it stops being as easy to like hack. an individual but it's putting. everything in one place and allowing. people to lose passwords. us us forcing 2fa on you guys means that. you guys are always secure. and so you know yeah I I think we will. keep it in and we will make it the SMS. is mandatory but obviously that's up for.

Discussion with you guys. and you know these are things that we. will talk about further um as as our. conversations are just getting started. it's clear we're not going to have all. of the answers up front but uh we will. get there. uh. wild Robo you mentioned Sprint type. planning would it be possible to make. some of the stories in progress public. so that we can see how it is going as. you move along. um actually I can't answer this one we. we talked about methods of actually. doing that where we had. uh pretty much I I can't remember if it. was a Trello or a live website on on the. progress as we went along. um we're still discussing that but you. know in the light of transparency it. does make sense. um we actually love that idea because as. we do move through you know we are. already currently you know checking off.

The boxes as we're as we're building but. it would be really nice to kind of see. uh a flowing story math along the way so. great question I'm definitely going to. put that into a suggestion. let's see Jake from Mr hole. question with the sex registered in the. USA are you not concerned about the. regulatory anticrypto stance in the U.S. uh this is a great question. for me I can give you and some insight. into as someone who talks to. most people trying to do things in. exchanges. everyone's concerned about all. regulation right but what you have to. understand is. the government's. don't seem to actually be anticrypto. they seem to be anti no transparency. right like the reason that they're not. happy with. the exchanges that we all currently use. is the reason that kta is being built. right so like yes of course and you know.

We're back back to what Arthur was. saying right at the beginning. we can't promise States the reason one. of the reasons we can't prompt mistakes. is because crypto moves so much for like. we don't know what someone is going to. say in two weeks time for getting six. months right but at the same time what I. can say is. we are more. in the know of what Regulators are. thinking than most people are. and we're trying to do the do we're. trying to build things in a way that is. going to be right for the regulation. that we think is coming rather than the. regulation that's currently trying to be. patched and so yeah of course the US is. currently quite anticrypto but you have. to understand why they're quite. anticrypto because everything's pegged. to USD right if every stable coin was. called gbb gbpt instead we'd see that.

The UK government's very anticrypto I. don't think they are I don't think. anticryptos right the right word here I. think it is. Pro regulation and pro kind of. transparency. and again it's why we it's why we're. doing what we're doing. yes yeah well I mean that's regulations. transparency you know in accordance to. any law is is something Crematory or kto. if you will it is going to follow so I. you know as long as we're working with. the powers maybe you know the sick or. you know you know that closely thereof. we you know we just follow the. regulations as as they come out and when. you know things change we we're in a. position where we could easily adapt to. them so I I don't foresee any major. concerns at all. uh Bashir put in this kunatori want to. expand into what I I think he means the. the metaverse. um the this is something we have not.

Talked about. um. I I don't I don't think we have. intentions of expanding into it quite. yet but this is crypto you never know. what's gonna happen the the metaverse at. the moment is not really a thing. properly just yet and there are all. these projects and tokens just jumping. on board. uh just as if it's another fat that will. have them Garner more attention so for. the time being we have no plans to do it. but maybe in the future depending on. where things start stand but as we've. said many times before we are fully. focused on this one aim that covered the. moment which is completing the. centralized Exchange. and that leads me on to by Bear's. question whether we're fully funded or. not. uh. I think Hearts you can answer that. I you know as far as funding goes. um you know we we have worked with tech. Alchemy to you know as you guys all know.

We've been very transparent in. understanding that you know Tech Alchemy. has offered us a discount. um we are ramping things up uh to get. things done and you know we we are. initially putting a very Hefty deposit. down uh with you know the you know for. the centralized exchange to be developed. in full uh there's going to be a small. portion of it left over that we were. will accumulate over you know the course. of of three months uh but we are already. in a notion that. we we can easily pay for it uh and. everything will be done we are super and. I mean Super confident in saying that. you know we we there's no intention of. stopping I I hope that answers your. question. um sorry I did miss it uh essentially uh. we are fully funded we have the funding. to complete the development. and and if further funding we acquire.

Along the way will be used to speed up. the development further. and Mike is here. Mike welcome back. um download on a different device sorry. uh I'll jump right into iq's question. um he he's he's talking about the. percentages in apy uh you know and I. think this is probably a good question. for you he wants to know what are the. incentives. um to having people want to stake 20. when they can simply take three months. of time to stake uh rewards to earn. larger larger amounts uh will fees be. higher to deter people from doing this. um I'm probably I'm raising the question. so what I think he's asking is whether. like what are the incentives of people. to stake of the lower percentages rather. than the the 20 percent. I think it's the other way around. yeah what what he's saying just just to. be clear what he's saying is like.

Obviously three times four or is 20 and. so. if I stayed for three months at a time. it's the same mistaking for a year and. so why would I stake for why would I. stay for a year if I can just take for. three months. right. oh that's a good question. I think I think it is a good question. what I would say is obviously. at least from my perspective I've always. assumed there are other staking rewards. outside of just apy and so you know one. of the things that you have to be really. careful about is just apy being. everything and the only reason to do. anything because that's not how money. works right like you can't simply just. how everyone will give you more and more. and more. because it runs out and that's what's. happened over the last sort of 18 months. right. what you uh obviously I mean the. millions of projects that have just been.

Promising ridiculous things I think. um you know if those numbers obviously. can be Revisited nothing's you know set. in stone. that's the first thing to say and so you. know perhaps one of the things to. discuss is incentivizing with slightly. higher numbers for longer Stakes but. then also there are they can be nonapy. based rewards too. yeah. and and again things that we are going. to be discussing. um again lots to break into. um you know we we have that time window. while developments being structured to. really kind of seamlessly you know put. things together and and just make it. make sense so great question IQ uh that. is definitely going in my book yeah. you've given me more to write down thank. you. um and just to add on to the different. Awards there's obviously the thing about. lower transaction fees on the exchange.

Uh scaling with the amount of K2 other. to half stake at the time. as well. um Mr hole I think we answered your. question uh somebody else posted it. um oh well are there ways for the. community to help development. um. there there's there's tons of ways to. help and I mean you guys have been doing. it from the start uh just spreading the. word I mean there's going to be other. things that come up uh you know along. the way that you know we will you know. Enlighten you guys on uh especially when. it comes to Beta versions testing so on. and so forth these are these are things. that are already helping you know with. development as we're going along. um and just spreading the word about kto. uh you know the recent light of kto is. definitely taken off uh you know it's. it's more and more people are joining. every day and it's it's truly great to.

See. has a question here from. sorry I gotta read this question from. ticket reported for Alpha is there any. concerns regarding the design of heavy. modification needing need to be done. um not quite understanding the question. that owl's throwing up if somebody else. wants to take it I think what he means. is. um and then maybe after this I can. answer a couple of the questions that. have been asked to me um I think what. he's asking is has any of the feedback. from the alpha. has any of the feedback been that we. need to modify things massively and I. think that kind of ties into a lot of. another question which is. how helpful was the alpha feedback been. and the other feedback has been really. helpful. um and it and it will carry on. continuing to be I think what arthi said. right at the beginning about a kind of.

Rolling beta we want you guys involved. right we want you giving us feedback. because you're the ones who will use it. we it's quite rare that you get to build. a product with the end users. actually telling you what they want. right I think where the where the uh. feedback has been most helpful is we get. to see the the points that multiple. people have kind of told us. right and so obviously lots of people. have lots of different opinions but when. you see a trend of like you know a few. people saying the same thing that's when. it's like oh maybe that's something that. we should do we also had quite a lot of. you know bits of feedback which were. kind of suggestions and so I think it's. I can say it's been very helpful. um in terms of massive overhauls though. unless there's something I haven't been. told or I missed.

Um. not really I don't think there has been. huge amounts of like oh the platform. needs to be built differently. um. and so I don't I don't think there's. going to be anything. that comes up what I can say is when we. you know our design team here at TA is. pretty experienced and knows this stuff. inside out you know I got we've worked. on some of the. most complex products that get used and. that's that's not an exaggeration and so. something like ux user experiences. most of what that team is obsessed with. and so whilst you know in the end a lot. of products look kind of simple they. look simple because we want them to be. easy to use and so really what we're. trying to build here is a product that. you guys and everyone else you know the. community needs to be way way bigger. than it is we want we want this to grow.

Exponentially to do that we need to get. people into into the crypto universe who. don't actually want to deal with how. complex things can be when you visit you. know the million exchanges that exist. and so yeah I think. I think hopefully that answers your. question and then just going back I. think on the on the question around uh. uh being able to help us with. development. um it looks like you were you were. referring to actually helping as in. could we get you guys to be building. specific parts. it's an interesting question. um. I will say it's not something we've done. before we've not open source projects. and you know had communities. work with us it's very very hard to do. properly. um what I can say is if you are giving a. Feature Feature suggestion. and you decided. I actually want to show you how this is.

Going to work it's not only that I want. to uh you know. it's not only that I have this idea for. a feature but here's a way that it could. actually work you know that would be. exceptional that would be very cool to. see but I think. you know we have it's very hard to say. this nicely we have very very high. standards for our code right and so we. you know our code goes through like. numerous rounds of testing numerous. rounds of uh code review before they get. before they get merged. and so open sourcing things and having. lots of people working on it and then. doing pull requests is is a whole. different way of building it's not. necessarily how we think we would do it. uh. um sorry I lost my place here uh. Lord once uh has a question here uh if. the plan is to be concentrated on. developing the platform which part of.

Projects are we partnering uh first to. be listed so so this would be a a great. question for you know cram uh he he's. currently not here but he is you know. part of the r d Department. um and and we've you know since put. together you know listing topics for you. know groups that that we're we're. reaching out. um you know our our tentative goal is to. you know vet enlist any valid project. that wants to be on our exchange so you. know those are. huge at this stage now are going to be. huge things that we are you know diving. deeper into and just uh starting to talk. with project leads and and just build. Partnerships as as we're going along. here. much better burst. IQ pretty much said stay away from the. metaverse uh well uh again a topic that. you know we've we've haven't really. had the news anyway I mean yeah I don't.

Know. yeah. uh. can I send messages onto this exchange. um. I I think what you're you're referring. to here is uh an onboard I guess chat. platform built into the exchange uh. I I don't I don't think there was ever. previous conversations about it. um whether or not it's a good idea is. something we would need to you know sit. down and discuss but nothing nothing. concrete right now. um. Lord Lord asked is it possible to. develop an AI if yes how can't it be. helpful for the crypto spear. um. that not a question I can answer yeah uh. yeah I mean so that when someone says. I've developed an AI the it kind of. means two things and I'm this is going. to be a little bit off topic from for. most people but I think it's quite. interesting at least to me. an AI what. five years ago when someone said I'm. building an AI what they meant is.

They're training a model right which. meant. they had to gather the data where we're. at today and this is why if everyone's. wondering why is there so much AI stuff. happening in the last six months it's. because the training data is now. available to us all right it means that. we as developers can start using the. apis that GPT have been putting out that. you know uh Google will put out and all. of these different companies. and like open AI opened uh had gpt2 out. a few years ago and it wasn't. it wasn't what it is today gpc3 came out. sort of middle of last year and everyone. was trying to get access and nice stuff. we started seeing in the development. sphere huge amounts of talk about all of. this kind of stuff. but as soon as they fully allowed. everyone to just get an API key so now I. have an API key and everyone here can.

Get one if they want to there's an. explosion of it. right and so building AIS for. for anything at this point is way less. difficult than it used to be. but you'd actually have to decide what. you want it to work but how what you. want it to do. and so for example if if we wanted to. build a crypto based AI that answers. questions you can ask it questions about. what does staking actually mean and it. can give you an answer you could you. could build that right and as a. knowledge base you don't actually have. to do any training anymore but the. difficult part now becomes what do you. want the AI to actually do. and so yeah you know it's not something. that you couldn't build it's just. something that you'd have to really well. Define I think you'd be looking at it in. the context of kundatory you'd be. looking at it in like future versions.

For sure. I saw him there's one for you here. um from Nappers uh to discuss. comparatively how the functionality of. our exchange your team is building. versus the current products on the. market. yeah sure I mean at the end of the day. exchanges are exchanges right they they. do the same thing there's. there's the the flows by which those. things happen right I think a really. easy way to explain this is I'm sure. most people here have used something. like coinbase and also use something. like binance right and if you look at. binance you can see that that was made. for people who think they can trade. whether they can or not is kind of. irrelevant to binance right but it's. made for people who want to try and. trade whereas coinbase at at least when. it first came out prior to coinbase Pro. and everything else that's not what.

Their their intention was their. intention was build something that. allows people to get into crypto what. we're trying to do is somewhere in. between that right we're trying we're. simplifying the product we're making the. ux easy we want people who are trying to. build in this space to be able to have a. place to come. but from a like backend perspective. it's still it's still an exchange you. still have to build the same things that. every exchange has to build. oh. Lord asked the question if if a project. wanted to be listed on our platform. will they have to pay a fee. um and how is this money going to be. spent. um. there there will be listing fees for you. know Partnerships uh that you know want. to be on our exchange uh this this much. I know. um the money essentially will have. multiple uses. um you know the continuation of of.

Development on expansion or you know. just the overall notion to build the. treasury for the centralized exchange. um I I would think that these would be. the two primary uh you know we're also. going to have expenses as far as team. payments uh employees. um. they have gas water and electric bills. you know all that fun stuff. um but yeah that's that's essentially. how the the funds would be you know. utilized and of course you know the. talks of the blockchain and and the the. expansion of the foundation for kto and. you know other implementations that we. you know are are rolling over you know. as we as we move along here. that's good apparently I skipped. nahana's question somewhere up here. oh. oh what's our out yeah so our website is. built in next which is. very very observant that's good to uh. that's good for you to get for you to.

Know um yeah we we are building uh the. kta platform in a similar framework. um it's still you know it's all. JavaScript based. will kto beat binance in the great. crypto race. um. I I can't tell you whether or not we'll. beat binance. um again I will go back to the the. famous saying that you know I I think. Queenie put it best we're not we're not. trying to be Finance we're not trying to. be coinbase we're we're trying to be ktl. and I I feel as though. despite the similar similarities uh on. what we need to build I I think in the. end we're we're going to be a whole. different kind of animal and. you know whether that's opium or or or. just the way I see it. um. I'm pretty excited for kto's future. Church. question one. IQ will kto sex have uh learn and earn. programs similar to coinbase. um. that's not something we have talked.

About yet uh you know there it's a neat. feature they do have I think kto. personally has an entire Discord that is. uh uh a learning you know Community who. is who is very smart very well educated. in in being able to help those you know. that that are around the kto project. um but again things that we could put. into suggestions and and discuss further. foreign. sorry there I'm like trying to read. through the conversations here. um Dan Mingo. uh where will there be operational. limits like can't trade x amount of. dollars till y verifications are done. um is he referring to limitations on on. how much money could be maneuvered. around on the exchange. that's how I'm taking. what the way I'm reading that is like. you know a lot of every exchange you'll. have some limit basically saying you you. know you have a limit based on the kind.

Of level of kyc you've done. so the more kyc you do the more you the. higher limits will be and you you have. to have those so there will be there. definitely would be. um because you just have to like you. know the only way to not have them is to. have one limit which is. the lowest possible limit and then you. don't have to have them but why why. would you do that right so. um yeah absolutely we want people to be. able to use the product quickly and. easily we also want people to be able to. use it as. their main Exchange right and so someone. you know there are there are people out. there Trading. millions of dollars every day we want. them to be able to use this product for. them to be able to use this product the. level of kyc they'd have to do is much. higher because obviously the risk is. just higher for kta.

Uh soham here's one for you uh it's one. thing for our project leaders to say. that they're confident in public release. of the exchange this year what's your. confidence level. um of the public release for this year I. should say I think it's it's maybe a bit. of a look behind the curtain but I we. wouldn't I don't think I'd everything. that the guys are going to say about. things like roadmap release dates I. already know what they're going to say. right like I I would have jumped in. right then and there if I didn't agree. so. um what I'll say is if the guys are. saying something we've already talked. about it I'm pretty confident that we. could get this done within the year. um you know there are there are reasons. why that may not happen but I my. confidence level is pretty high. um what I will also say is. whenever if and when that were to happen.

And we our confidence was lower you'd. know you know we're not we're not going. to just hold out until November until. you listen actually it's not happening. that's not how this operates and I think. your past experience with tech Alchemy. and with ktos you know previous team and. hopefully now as well. should you know it should be there you. should you should already have that. um. this is from Travis uh what kind of. security protection will be placed uh. from the actually like how that's but. the dirtier actors on the internet. there's a lot of uh I think there's a. lot of ways to answer that right like. basically. with it's a chicken and egg of what you. say to these kinds of questions right. the security of your platform comes down. to so many different things right it. comes down to who who's actually custody.

In your assets where they're custody. you know where are things centralized. how how many things are being done. in hackable ways what I can say is you. know when when you see Bridges get. hacked and stuff like that we all knew. it could happen they knew it could. happen right like they must have known. because you're centralizing things in a. way that you shouldn't. what we're trying to do here is build. things in the way that they should be. built. um to say exactly what that is seems. not that sensible and so I work I just. won't but I can kind of you know assure. you that we're we're taking all of the. best practices and then some. um on I think I think there's another. question just further down which kind of. ties into this around functional and QA. um so functional testing we you know. Tech Alchemy has a team of like 30.

People who are all whose fulltime job. is QA right they and what that means is. they do actual normal techno you know. normal quality assurance they're. actually testing the product but then. there's you know code level uh code. level they're doing. protests they're doing uh Integrations. with things like sonar Cube to check for. code smells like it's not just code. quality that we care about obviously. it's code functionality code security. finally we have. thirdparty partners. again I won't I won't say who because. it's important not to know these kinds. of things but we have thirdparty. Partners who do things like penetration. testing we can have them working for. months before to make sure you know. basically actively trying to do what. malicious actors are going to try and do. which is break in you know if you look.

This if you look this stuff up it's one. of the most interesting jobs around in. Tech you know there are people trying to. like social engineer your password by. texting you and then they they manage to. get your password because they're. tricked you into thinking they were your. mum and then. two weeks later you get a text message. from them saying hey yeah we managed to. hack your platform you need to fix the. security issue we take security so. seriously right like building. centralized exchanges is not something. that people who have no experience in. security should even think about doing. right and so that's one of the reasons. we're here we're happy to we wouldn't. take this on if we didn't think it was. possible. um. big men had a question uh how will you. come back crossexchange prices. um. I I think uh a few were to answer is you.

Know it you know definitely staying. competitive is is going to always be a a. battle Within These markets. um but things that we will discuss you. know going down the road and yeah as. long as it makes sense on paper it's. it's definitely something we will stay. on top of. um. Mr Mr Hull had to go to bed thank you. for staying awake to uh ask your recent. questions but he had another one. um does the creation of the sex benefit. kto directly in any way uh other than. maybe listing it as a a product to trade. um. very extensive conversations that we've. had in the past uh in in that same. question has been in our head all the. way up until now uh yes I would have to. say it definitely will. um you know there's multiple things that. you know even I have. you know plans on talking with tech. Alchemy as far as features in the future.

Um and you know ways to make sure that. it you know it benefits the foundation. of kto because you know this is this is. where it's coming from right you know. the foundation the the community they're. very important to us so. as we always say the decentralizes built. into the brain so anything that we. discuss or do will will always make you. know you know it will always make sense. to make it more beneficial to you know. the people and the in the kto community. uh as we go along so I'm pretty excited. to go over the features that that I have. kind of come up with in my head and you. know a lot of the others that the. community has come up with but again. you know this is this is starter stages. and we have lots of talks ahead of us. I think we're you know crawling up on. the one hour uh. try to get a few more questions in here.

Making life easier for real investors. with less much about crypto more than. the AI. um but you hear questions. oh just answer this one and voice as. well I'll have answered to the text uh. grandpa is asking uh for example if you. take a certain amount of tokens and the. price changes then when it comes time to. take them whether you're going to get. the same amount of tokens or the same. dollar value of tokens uh it will always. be the same amount of tokens obviously. with the small staking and unstaking fee. if present. but the amount of tokens is not going to. be affected by the price fluctuations. yeah I think I mean for that for that. kind of question I think when you're. thinking about. crypto assets just think of them as. normal assets and then ask yourself the. same question if you were to like. obviously we're in the UK right so I'll.

Use pounds and dollars as an example if. I put a hundred pounds in the bank and. then take a hundred pounds out of the. bank in a week's time do I get the same. amount of pounds or do I get the same. amount of dollars worth of pounds. everything that happens in its own token. happens in its own token right and in. this scenario pounds of the token and so. obviously the pound and dollar fluctuate. against each other but what I get is. pounds so if I've staked kto I will get. kto. so. um. I'm not sure what bash I was trying to. ask him. it's also a lot of funny questions are. we having a party that's a good question. I want to know as well. um yeah I yes yeah I would love to have. the biggest party we possibly can but. unfortunately there is so much work to. be done we're gonna have to postpone. that party for right now.

Um. is there anything that we may be. dropping or revisiting from the previous. plan. um. I could definitely jump in on this one. um you know as of right now there's. there's a lot to go over by bear eye. the the intent is to continue as planned. um you know the the initial. engine you know the the platform it's. definitely the primary focus right now. uh we will be digging into the the road. map and if there is any changes that we. see our features we might want more over. others. um we we will definitely make that very. clear before you know you know kind of. putting everything down so. uh the answer to that is yes and no. um but for right now it's it's. continuing as planned. what kind of postbeta development. Arrangements do we have do we have. with techno with Alchemy um how long. will they stay on board regarding.

Support slash maintenance. yeah I mean I can answer that uh if. you'd like. so. we have you know we have our normal. contracted support periods which are. always included. um which is effectively depending on. uh. essentially the customer that's kto has. to do their acceptance test once they. are happy with things we will then stick. around to fix bugs. um for a period of time I don't know uh. I'm gonna actually not look at the chat. you guys are a bit funny and so. sometimes it distracts me uh the the. well yes yeah exactly the post so post. beta I mean first first like first thing. I should say is post beta is not what. we're contracted to do we're we're. contracted to do it all right and so the. beta is not is not the release that. we're contracted to do. um but I you know if I assume what you. mean is how long will we be around after.

That. it really depends on what we're still. building as Artie said we have loads of. features that we've already discussed. and that we're going to carry on. discussing right that come after you. guys are talking about some of those. features already. as long as we're building the product. obviously we will carry on maintaining. the product and so I can't actually see. us. you know stepping away from kto and. handing it off. I mean for now I would I would pretty I. would basically say I can't I see us. ever doing that. um and you know when that happens. there'd be quite ample notice to. everyone. um. the other thing I'll say is we work with. clients who are. we're a blockchain agency right like. with one of like 20 agencies in the. world who are actually used to how. volatile and how difficult and how hard. how how everything it is that comes with.

Being in crypto the ups and the Downs. right like we're all aware of that. that's why we're here. so we're aware of you know. we might be contracted to fix things for. three months but that doesn't mean on. the three month plus one day we're just. gonna see her never coming back right. that's not how it works we're a pretty. nice group of people we will we will fix. things because we have a lot of pride in. what we do. um we also help. hire people a lot and so quite a lot of. times we will have a client who. eventually wants to hire their own team. and so we can just help with that we. don't see you guys or anyone hiring team. or hiring inhouse developers and staff. as a problem it's something we want to. help with we're an agency we know that. that can always happen. I strictly think of this GIF when it. comes to thinking about tech Alchemy um.

And yeah I just posted it in the Q a but. uh yeah so so you know we have every. intention to continue working with you. guys uh recently it was our first. meeting and and I think it went very. well. um I I have respect for what you guys do. and uh it's it's very easy to to. conversate with you guys so I I think. we've got a bright future together and. we're just never gonna let you leave so. um. on to the next uh what's our time spot. here okay we'll take one more and then. we it's it's it's getting around that. time so um will we be researching who. will be hosting the sex uh database. servers ECT does ta have recommended. companies that do that. um and also will we be looking for data. centers in the US or abroad. so it is something we've we've looked at. obviously for this project and a million. others and where data centers are placed.

Really really depends on where customers. are placed that's you know one of the. main. main uh. drivers behind this kind of stuff. um. also typically when you're when you're. setting up uh instances the way we are. you try and place multiple. essentially clusters of the same. products you you I'm trying to explain. this you you have copies of the same. thing and you put them as close to where. your customers are as possible so if we. had a big customer base in the UK and a. big customer base in Australia we'd have. data centers in the UK and data centers. in Australia and you would connect to. the right one depending on your location. um we also look at this from like a. failure perspective meaning we want. uptime and we want uh you know. impossible we want fairly to be. impossible and so spreading your data. across lots of different places.

Orchestrating it so that let's say we. use AWS orchestrating so that we also. have uh backups outside of AWS is very. important it's something that we always. do. um. I I don't know I would say uh you know. if if anybody has any more questions uh. you know definitely put them in well. actually we're in Q a but you know we. will we will answer them as we go uh we. definitely don't want to tie up too much. time. um uh lots of work to be done. uh you know one of the things I I did. want to announce uh that to look out for. uh exciting stuff uh now that you know. the the technical side is kind of you. understand where we're at. um. and there will be an upcoming event uh. for nfts uh we're calling it the nft. raffle uh you know there will be several. of them. um you know month to month uh so so. definitely look out for them we're.

Currently building the material for it. so uh some sometime within this upcoming. week we will uh we'll be launching that. and into announcements so so definitely. keep your eyes out for it uh exciting. stuff you know especially for those who. you know were weren't here from the. starts uh we'll we'll have a chance to. to get their hands on those those. beautiful nfts for the centralized. exchange utility so. um outside of that I have nothing left. to add currently does anybody else have. anything they want to add. I think for me just got to be talking to. everyone again I think I said it last. time but the kti community is one of our. biggest supporters so I'm always happy. to be a part of these. we we do see you guys talking about us. on Twitter all the time I see some of. the people who are here right now are.

Always always at mentioning us and we do. we do see them we do appreciate it. I I do see your question sloth uh there. there were we have a lot of talks about. burning mechanisms that you know we need. to go over with tech Alchemy to make. sure they make sense but uh. yeah so you know what when we know you. know it'll work we'll we'll definitely. put that out as is one of those you know. added options but as soham has said our. Focus right now is is getting the. platform up and running and working. correctly. um so so if no one else has anything. left to add I think we should call it. here uh we appreciate you guys for. coming uh all the questions again great. uh you know the the more you ask the the. stronger we become so so keep them. coming keep the suggestions coming keep. the the questions coming and uh. well we'll we'll start you know we'll.

dive in with tech Alchemy and start. building this thing fully. thank you guys. thanks for uh coming so home thanks yon. thanks Mike uh thanks cram I see you're. out there in the chat too. um and we'll uh we'll talk to you guys. soon bye. thanks everyone thanks Chris

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