KittieFIGHT "Ask me Anything" RECAP
KittieFIGHT has launched "Ask Me Anything/AMA with guest, Mr. Oladapo Ajayi(Founder of KittieFIGHT) on KittieFIGHT Telegram Community 11 PM EST
Here is Recap of the AMA hot Topic
•Innovator256 (FOUNDER OF KTY)
-hello @everyone
-We are busy, trying to make sure the Yield farming program is ready for you guys. Will continue to improve balancing development with answering your questions
-Please ask your questions and I will try my best to answer them
Start
•Anthony Guapo
-Is the token distribution still on schedule?
•Innovator256
-We are a bit delayed, for a few more days.
•Anthony Guapo
-Wich means the listing won’t be on the 27th?
•Innovator256
-Not Exactly
-Our new listing, private sale token distribution and yield farming launch main net launch date at october 5th 2020. Testnet launch of yield farming to proceed immediately on 27th for public testnet testing. Launch was delayed due to smart contract complexity and safety test. We are expecting audited smart contract code for the yield farming deployment to main net Ethereum by Oct 5th 11:59 PM EST.
•ChieTrader |CM|
-Hello what if the funsraising goal wouldnt be reach?
•Innovator256
-we would still go ahead with our listing plans with yield farming... But our plans to make supporters extra successfull and our project a leader in the space, might be put at risk.
•Anthony Guapo
-Are you doing any marketing to attract new investors ?
•Innovator256
-Yes very much so, we are doing alot aside from just development. We are very active in discussing options and funding plans with various parrties
•ChieTrader |CM|
-Cmc listed you as potential project. I think thats not coincidence for a reason isnt it. Show us what kittiefight made of. We need the product working and tested soon. Also so investors would gain trust and confident to put more support.
•Innovator256
-The product is working and tested. We are main net ready, Yield farming on testnet will start tomorrow while we await audits. investors need to support and back this project to its funding goals so that we can properly fund all liquidity pools and deploy KittieFight to main net, while investors reap great ROI
•ChieTrader |CM|
-Any confirmed partnership?
•Innovator256
-We are in partnership with the 2key network right now for liquidity provision
•HolyCrypto
-I thought distribution of token and listing is today? What happened?
•Innovator256
-Our new listing, private sale token distribution and yield farming launch main net launch date at october 5th 2020. Distribution of tokens is to take place right before Uniswap listing and Yield farming main net kickoff
Testnet launch of yield farming to proceed immediately on 27th today for public testnet testing.
Launch was delayed due to smart contract complexity and safety test. We are expecting audited smart contract code for the yield farming deployment to main net Ethereum by Oct 5th 11:59 PM EST
•Robert Long
-Do you have a listing price for uniswap?
•Innovator256
-The listing price is actually determined by the dutch auction, at minimum it will be $0.30 minimum. But might be end between $0.30 - $0.70 if all the tokens are bought before time runs out in a couple of days due to FOMO
•Anthony Guapo
-That’s all I ask for. So as of the dates you mentioned is everything set in stone or is there going to be other delays?
•Innovator256
-Those days are set. Especially because the Yield farming program has to be launched, uniswap listing and private sale backer tokens distributed way ahead before the dutch auction ends
•Detective Shuf
-@Innovator256 hi,
I just wanted to ask how long development of KTY has been going on for since the idea was conceived?
I checked out LinkedIn profiles and it appears it’s quite an old project in terms of development.
Were there any problems with development or has every goal been achieved without issue?
•Innovator256
-Its an humongous project. And the initial conception did not incorporate and lending protocol, this is a more recently iteration. There were no major problems with the project with the exception of limited bandwidth of focus from some developers due to underfunding, especially through the bear market. But we pulled through and we we launch the KittieFIGHT gaming - lending platform on the main net in a couple of weeks
•Robert Long
-ok i noticed that the dutch auction started at the price of $1.95 how is it fair for the people that got into it at that price for it to be listed lower on uni?
•Innovator256
-Every one gets the same price
-the price that everyone gets in is just a "marker" that is use by the smart contract to calculate the final average price
-Also the idea of a dutch auction in general is not about "fairness", but market based mechanism that satisfies each participants comfort level in participation without missing out of an opportunity
•Detective Shuf
-@Innovator256 what are your plans for satisfying your personal income? Are you in KTY for a short term win or a longer term steady growth.
We need to be sure you are happy with your income to avoid a rug pull. Have you established an acceptable compensation plan for yourself.
•Innovator256
-We worked on this project long term and HARD without income an running on fumes. I think that should answer any questions on commitment to this project. I have been in crypto since 2010 and seen a lot of unscrupulous characters come an go the trending years, 2013, 2017 etc . We have a Long term plan for this project and other projects governed by its DAO not just billions of dollar in marketcap and get quick rich mindset
•Anthony Guapo
-I think as a community we need to bring awareness to this amazing project to attract new investors and meet the fundraising goals set by the team. So plz everyone try to put the word out. This is a truly amazing project
•Innovator256
-We are doing our part. But if you guys get the word out that will be amazing and would remove all major risks by speeding things up
•PJ
-What % of raised funds will be used for uniswap liquidity?
•Innovator256
-Under our funding goal about 25%, impossible to say right now since we have not reached our goal
•PJ
-How much is funding goal and how much raised so far from all the sales?
•Innovator256
-Minimum of 3240ETH, we have raised about ~310 ETH combined so far
•PJ
-So only 10% of minimum eth raised so far, what happens if only lets say 15% is raised till oct 5, will you be adding 25% of whatever eth raised as liquidity on uniswap listing?
•Innovator256
-Hopefully this situation doesn't occur. It will limit our community token par partnership for yield farming program and slow growth
-END of the AMA-
KittieFIGHT Real time dapp game.
Good one