KList AMA in the Wizard Community

KList
6 min readMay 8, 2021

Host:Can you introduce the project KList, what are some of utlities of $KList ? How do you think you stand out among the competitors if there are any?

Adam:KList is a super decentralized cross-chain IDO platform,It is first 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.

Host:Can you share the achievements the team has made so far ? what are the major achievement target KList is yet to achieve . If possible also share your roadmap.

Adam:

Start-up Phase (Q4 2020 to Q1 2021)

Overall Plan Design

Product Prototype

Angel Investor Funding

Project Documentation

Multi-Language Support (English, Chinese and Japanese)

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.

Host:What does the name KList is Symbolic of ? How is it relevant to the vision of KList?

Adam:As we fistly deployed in OKExChain, and to commemorate our good relationship with OKEX, we put “K “in it. K also is the first letter of “King”,And for “List”, it means that all the projects that have been listed on our platfrom are King projects, which express our wish to be a king project in our industry.

Twitter Questions:

Host:Being an IDO platform, once the IDO is finished, the projects no longer have any relationship with KList? Could you explain your business model to us?

Adam:IDO DAPP constitutes the core product of Kleist. The participating project par ties and users of IDO have the needs of token storage and trading etc. In order to optimize users, experience and let IDO-retained assets play a greater value, Kleist will focus on developing the following areas around IDO derived ecosys tems, including multi-chain IDO, storage and pledge, liquidity mining, and trad ing etc

IDO projects that have passed the professional review will be contained in the KList ecology, sharing the advantages of KLIst ecology and developing together.

Host:I see that KList focused its development on OKEXChain in the first instance. Could you explain to us what were the benefits that this offers, over other blockchains?

Adam:OKExChain introduces EVM virtual machine technology and the IBC cross-chain solution of OKEx cross-chain gateway that is compatible with Cosmos,which coincides with our vision.

Besides, our community has a very good relationship and cooperation with OKEx officials.At the invitation of OKExChain,we first deploy on OKExChain

OKEX just announced that OKExChain has been officially launched , and since we are the first IDO platform deployed on it, and we have a good cooperative relationship, and they will provide us with a lot of technology and various resources.

Host:Security is a fundamental pillar for platforms like KLIST. Then What security protocols have you included in your platform to protect all the assets and products of your major commercial partners and users? How immune are they to malicious attacks?

Adam:

1,Blockchain is a distributed storage technology, and the probability of being attacked is very small and KList is a cross-chain IDO platform built on top of this so its security is very high.

2,As a higher security layer, the KList platform adopts homomorphic encryption, thereby eliminating the need to decrypt packets during computation, so as to

minimize risks and offer deeply encrypted services.

3,Strict management process of changing audit, including solution governance, request and review for change, code testing, regression testing, and special care period (to prevent forking).

Host:Team members is an Internal part of a project. So, tell us how many team members do you have and how many developers are working for this project?

Adam:

We are under a distributed office model and our excellent developers and offices are mainly distributed in Silicon Valley, Seoul, Hong Kong, etc. Our team members are more than 56 people.

Host:What are the list plans of your token? What will you do in the future so that your token can list other exchanges and moreover dramatically increase transaction volume?

Adam:Firstly, we have a good relationship with Okex, bittrex, binance, huobi, and bithumb, so we will cooperate with these platforms to get our project known for users.

Secondly, we will choose more good projects via IDO methods so that to make more invetors benefit from it.

Finally,this is our first airdrop event and we will lanuch more airdrop activities in the future, so you guys can stay tuned.

User questions

Host:Can you tell me,how do you keep your platform safe for Investors, and is your platform protected from hackers? And how do you manage if there’s an attack on your platform, including the personal data of your platform’s users? Is your platform ready for this?

Adam:Blockchain is a distributed storage technology, and the probability of being attacked is very small and KList is a cross-chain IDO platform built on top of this so its security is very high.

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.

Host:Could you please tell me just a little more about the team and some of their backgrounds? I have personally seen many projects launch with inexperienced team members, and some of those didn’t go so well due to easily avoidable mistakes.

Adam:

For our team members, some are all from Silicon Valley while some are with rich industry experience, so they can really help our project to be better.

Host:What is the role of the community in the governance of the your crypto ecosystem in order to be able to call it community driven? Which members of the community can participate in the decision making?

Adam:

1. Community members help KList to promote our ecological development.

2. Holding LIST tokens could participate in KList ecological governance voting and determine the future development of KList.We will cooperate with many KOLs that from major media such as ins, twitter, medium, coindesk, etc. They will help us in the next step of promotion, let us stay tuned!

Host:Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular?

Adam:

We will cooperate with many KOLs that from major media such as ins, twitter, medium, coindesk, etc. They will help us in the next step of promotion, let us stay tuned!

Host:Could you please explain a little about your main features that differentiate your project from other projects and what competitive advantages do you have for the current project?

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.

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KList

KList is a super decentralized cross-chain IDO platform