KList AMA in CryptoNesia Community

Q1: Can you introduce yourself to the community? What is your background and how did you build Klist?

Adam:hello, i’m a crypto lover, as well as the Klist sponsor, i’m so happy to be here to share my views about Klist

Q2: Can you briefly describe what is Klist?

Adam:KList is a super decentralized cross-chain IDO platform. It will first be deployed on OKExChain, and will subsequently support multi-chain ecological deployments such as ETH, BSC, DOT, etc. provide diversified IDO issuance methods so that to become a consensus bridge between start-up projects and community users. It aims to provide the project party with the most convenient, lowest cost, and most suitable project issuance mechanism. KList has a sound review process for each project, in order to punish fraudulent project issuance, KList has also established a margin and background check measure to maximize the protection of investors’ rights and interests. KList was initiated in Silicon Valley, but we are under a distributed office model and our excellent developers and offices are mainly distributed in Silicon Valley, Seoul, Hong Kong, etc.

Q3. What makes Klist different from other competitors?

Adam:Compared with other IDO platforms, KList integrates the issuance methods of the existing IDO platforms and has made some improvements. for example,

Diversified IDO methods, which including fixed SWAP pool that contains PUBLIC pool (for all users) and private pool (PRE WHITELIST audit system), liquid SWAP pool (Dutch auction), and combinable MISO (according to various rules to promote an optimal market price),

Margin System: KList has the world’s first margin system, which makes investors have more choices and voting rights, as well as protecting investors’ rights to the maximum to prevent project parties from doing evil. Professional review: According to our data research, very few IDO platforms review projects, which is not friendly to investors, but KList has strict review of projects and IDO projects in KList are all the best quality projects.

Professional review: According to our data research, very few IDO platforms review projects, which is not friendly to investors, but KList has strict review of projects and IDO projects in KList are all the best quality projects.

We believe that strict review will help investors discover high-quality projects and establish a good image of the KList platform. At the same time, IDO projects that have passed the review will be contained in the KList ecology, sharing the advantages of KLIst ecology and developing together.

Q4: What are the major milestones Klist achieved so far?

Adam:Start-up Phase (Q4 2020 to Q1 2021)

Overall Plan Design

Product Prototype

Angel Investor Funding

Project Documentation

Version 1 (Q2-Q3 2021)

Fixed SWAP Pool Offering (the Public Pool and Private Pool)

Liquidity Mining

SWAP

Launching One or Two IDO Projects

Version 2 (Q4 2021 to Q1 2022)

Liquid SWAP Pool Offering

Cross-Chain IDO

Cross-Chain SWAP

10 Premium IDO Offerings

Version 3 (after Q2 2022)

Combinable MISO Offering

100 Premium Project Offerings

Decentralized Community Governance

So far, we have achieved the start-up phrase and the Version 1, and other versions will be achieved as soon as possible.

Q5. What are your further plans for Klist?

Adam:Continue to complete the roadmap and we will have some cooperation with KOLs from many media like Youtube, Twitter, Medium, etc. Also, we will keep hold airdrop activities.

@Charliejonu

To be a great platform for both Investors and for it’s users Transparency and security is important. Can you tell us some details about your transparency (likes team members) and your security mechanism. Have you already completed the audit of your platform?

Adam:Security and transparency have always been our priorities.

And to achieve it, we have created the margin system, once a fraudulent project occurs, the clearing and repayment mechanism can be activated after the community votes and the liquidation fund will be returned in proportion to the original way, so that KList can more effectively limit the occurrence of fraudulent projects. Specifically, IDO projects on KList need to use margin lock-in transactions, and the tokens raised by the project party will adopt a lock-up mechanism, KList supports a lock-up period of one month to one year, as well as 10%, 20%, 50%, and 100% lock-in of the total amount of a single fundraising.

And, of course, we have completed the audit of our platform.

@Jonaz06739447

What is the advantages of holding for this token for long-term? What is your plan to increase the demand and scarcity of the token? Will you burn them or have buy-back plan?

Adam:Holding LIST tokens could participate in KList ecological governance voting and determine the future development of KList.

And for the plan of increase the demand of the token and token buy-back, please kindly pay attention to our official announcement.

@Akhi53734282

I would like to know more described about your IDO/TGE. When this is going to happen?

Adam:IDO will begin at the end of this May, then we will list the token on some big exchanges at the beginning of June

@NilPore8595

Do you have any plans to add Nft’s to your ecosystem as this is the hottest topic in the crypto space?

Adam:Yes, we will cooperate with more NFT projects select some good ones to share our ecology economy. Let’s stay tuned.

@Titit00595328

Rug pull is Being too much. In this situation, How can we trust you and when are you planning to listed on a $KList?

Adam:Yeah, rug pull has always been the pain point for this industry. And for it, KList has launched an on-chain margin mechanism. Once a fraudulent project occurs, the clearing and repayment mechanism can be activated after the community votes and the liquidation fund will be returned in proportion to the original way, so that KList can more effectively limit the occurrence of fraudulent projects. Specifically, IDO projects on KList need to use margin lock-in transactions, and the tokens raised by the project party will adopt a lock-up mechanism, KList supports a lock-up period of one month to one year, as well as 10%, 20%, 50%, and 100% lock-in of the total amount of a single fundraising.

In addition, KList has a dedicated team responsible for project due diligence, contract audits, and project materials (white papers, documents) review for each applied project. In future plan, KList will also introduce project quality review into DAO governance, which includs holding LIST tokens to obtain more project recommendation rights, participating in project due diligence and being adopted to obtain LIST rewards.

For list plan, we plan to list on some big exchanges at the beginning of June

Community Q&A

What are the features that makes you better than other platform? What are the benefits/advantages you provide to both users and project that no one can?

Adam:Diversified IDO methods, which including fixed SWAP pool that contains PUBLIC pool (for all users) and private pool (PRE WHITELIST audit system), liquid SWAP pool (Dutch auction), and combinable MISO (according to various rules to promote an optimal market price)

Margin System: KList has the world’s first margin system, which makes investors have more choices and voting rights, as well as protecting investors’ rights to the maximum to prevent project parties from doing evil.

Professional review: According to our data research, very few IDO platforms review projects, which is not friendly to investors, but KList has strict review of projects and IDO projects in KList are all the best quality projects.

What problems in Blockchain will KLIST can solve?

Adam:Margin System: KList has the world’s first margin system, which makes investors have more choices and voting rights, as well as protecting investors’ rights to the maximum to prevent project parties from doing evil.

What are the interesting feature of KLIST?Is it easy for new users?

Adam:Margin system protects investors to the maximum extent,which is enough.

Q) What is business model of your project? How it works? and

Who are your potential customers and which markets are you targeting on?

Adam:Klist is a cross-chain Ido platform to do Ido for high quality projects.

Currently, the main problem for investors is the high cost of gas which makes us lose, can KList be able to reduce costs and reduce the potential for large losses for investors and maximize profits?

Adam:Gas is the essence of blockchain. The more expensive the gas is, the more valuable the proof is. This is inevitable. But klist’s margin system will protect investors to the greatest extent.

KList is a super decentralized cross-chain IDO platform