Hello everyone, welcome to the MABitShin Alurean Sider and you struck the MABitShin's first Qwhee in a couple of minutes. We will wait a bit more so that everyone can join and don't miss anything from us.
Hello again, welcome everyone to the MAB3NNIT, if you already are a sideer and this shop where to be the custom smart contract efficiently and fast on a rakeo system. My name is Patrick, I'm really hard not to be the host of the MA today.
begin with I would like to introduce and welcome Faturho COO of this shop. We'll be the co-host of the AMA today. Welcome Faturho. Thank you, Patrick, for your warm welcoming. My name is Fatur. I am 25 years old and
I am the CEO of Kitchoff Finance and I am here wanting to explain about Kitchoff Finance also its utility and the rug maps as well as something you are building. This is my short paragraph. Yes, thank you very much.
So to begin with, I would like to introduce some short information about Aurora Insider for you to have some first very basic information about us. Aurora Insider will lead the media channel in the Aurora ecosystem. We already update
latest hot test and fastest news. We also provide in-depth analysis and evaluation articles to help you sure have a multi-dimensional view of the ecosystem through InfoPräx and to give you the opportunity to interact with the
project, we will regularly create the AMA like this so you can ask and answer the question directly with the projects and of course we have a part where here so it's my pleasure to be on the AMA with you today man so let's get up the cover station
by introducing yourself and yourself as well. Thank you for your time and this opportunity. I think it is one of our best timing to introduce Kishok Finance and also the background of our team as well. My name is Fatou Rida.
can call me Fahul. I'm from Central Java Indonesia and currently we are staying here working with our team in Bali and my position in Gitchf Finance is the COO and I am responsible for the internal of Gitchf Finance itself.
I also for the values and contents creation and so on. And delivering all the information about cultural finance to our communities across the globe. And I'm so excited to, you know, to develop these projects
bigger and bigger gain and can I also introduce our team here? Patrick? I think that's the first information about us.
So you could wait to answer in the Q&A session. So let now we move on to Q&A session. And yeah, okay. And the first question, I think you have, it's out. But can you please give
give an overview of the project again for about the like over 100 people to hear you again. Okay. I will explain what is Kitsho Finance. So Kitsho Finance is actually a blockchain service organizations that
that aim to connect all EVMs into a customer's ecosystem. And to this, we are currently building two kinds of network, main network, and currently still on TASNET on EVM. It is called Kishov Network and also a new network.
short-knit work is built on EVM and another one newer network will be created on best-on-cosmos ecosystem. So the idea is to connect all the EVM's through our interoperable bridge on Kitchok chain, meaning that token
from Aurora, it will be connected to our chain Kitchok on EDM and then connected again on Cosmos and connected again to inter-connection blockchance on Cosmos or IVC.
So this is the main idea of our network and our project. To support this, we are going to have several MPP products we are developing from our site and the rest will be from our community.
The products we are going to develop is token creation for all EVMs. So it will let EVMs users to create their own smart contract and won't click even though you are not developers or you are not familiar with coding or solidity or rash or something.
you just use our tool and you can create smart contract from that. So the fees is cheaper than what we are seeing today. For example, if we see that the competitors have zero point one, it's for what
contract we will be cheaper from that we aim to be like startup it means we will be focused on adoptions rather than price itself as well and so on so it is the first use case of our utility it is called under the tool
Because we are developing namely GithubEdware.Edware. And the next one to support our project is to build multi-chain wallet called Kangaroo wallet. Our previously called GithubEdware wallet. It will support several assets
like truss wallet, truss wallet. So once you are importing your own smart card, I'm sorry, once you are importing your private key on the wallet, you will see the assets on the wallet, including the
Bitcoin or Ethereum or other on other productions as well. And we also will add our network on that including the network on EVM and also on Cosmos. So the idea is to collect all of your assets on one wallet.
So this is the idea of Kitsho Gwalette. It will be available for mobile, especially for Android and then for Apple. And we will also develop for extension, browser extension. So this is another product we are going
to tibal up and the next one is multi-chain decks aggregator, just like Kiber Swap and also another one is Kitsho Bridge that will let people from, for example from our era, if they want to transfer assets from our era to
to Cosmos so they could use our tool and it will transfer the assets to GTF-8 token with a mechanism called min and burn. So it will be burned on an hour and minted on another chain as the target chain.
I mean, I mean, on the cosmos. So this is the the dApps we are going to have. And also we are currently supported by several, you know, like tech companies such as Enfidia and Microsoft Edge
and also Google for startup SS startup. So we are using this advantage to accelerate the development of cryptocurrency not only for crypto persons but also for regular people like your mother and father or other society. If they
have small businesses or enterprise, small and medium enterprise. So they can create, like I said, we are developing one click token creation. So they could use our network to deploy their own token for their
SME is small medium business so it will allow them to have ERC20 token and also NFTs for the sake to grow and improve the user experience of their business. So these tools will be under
centralize, you know, centralize organization namely Kitchok Labs, that will be also one of the, you know, ruler of our tail. So we will also have a tail here called Kitchok Dail. So in the future we will be
collaborating more with validators across the globe. I also, with, you know, all stickers of GDF8 across the chains. So this is a brief introduction of our network and projects and product.
Yes, my man. Thank you for the detailing. So can you give a bit of a barrel team background and about their experience? So we are started from the idea of our founder. He is here, JVBO. Maybe you can
and follow him, besides me. He was collecting Bitcoin since 2010 or 2011. So he was a senior high school that time and he played a game for Bitcoin. That time Bitcoin wasn't popular.
He could collect some of them and his own experience and also one of his fold as well. He started all of Bitcoin on centralized
central as well as I mean. And once upon a time the wallet cannot be accessed because the wallet introduces a new KYC regulations that will only allow people to access
for KYC people. So, Joy cannot to KYC according to him at best on this he learned lots about smart contracts and also about the networks and also you know nodes behind Bitcoin also behind it real
and he started crafting some prototype and now we are building here a key show chain testnet. So it is based on our full experiences by Joy-Vibbo-Woe and then he met his friend who was a Java language teacher
She was a developer, Jerry Madness, as a GMO here, he also experienced many sales industry. And also me, after that, as the COO, I was working with one of Indonesia's startups, so it is called Ruan Guru.
one of Agutek company in Indonesia and I was responsible for marketing and so on and I quit that job and start following what Joy wants to have and until today we are still looking for collaboration and
like any opportunities with other community around the world, including other network as well. So we are starting to do partnership with other chains, not only for EVA and also for customers as well. We are still looking for a possible file that is as well.
to help securing our network because the network itself will be like POS but not only for customers because all of the customers ecosystem are POS so the POS also will be on Github chain so we will have two
POS on one protocol. So we will name him, name it as a tool POS mechanism. So 10% on EVM and 90% on customers. And also the tokens of JDAPEC, we are building right now. It is not only on Kitsok chain
but also on active and Ethereum, Ethereum, virtual machine-based change, including our, Solana, Adolfo, Ethereum, Phantom, and so on. We deploy for each EVM chain 50 million GDF egg and on our chain
as well for our main chain we deploy on the 650 million GDF-EQ on bot network so this is the brief introduction of our team thank you our thank you and another point I want to add
a relation with Aurora and do you have any benefits from them? So we think we have a relation in same way as same EVM chains because you know like EVM chains comes from
the idea of Vitalik Putrin who introduced this idea to let people adopt Ethereum. So every EVM change here are synchronicizing the data and the nodes of Ethereum as well because we have all EVM
have its own chain idea. It means that it cannot be replicated. So it can be replicated, but each of them are unique. So for example, we are here, have chain idea 2, 1, 2, 3, 4, 5, 6, 6, 7, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8, 8,#
So it is similar with other other crypto other network. So we cannot list it on the Chinese just like other EVM chains, but later as we are going to main cool main net maybe we can change it and be together with all EVM chains.
on channelist.org. I think you are familiar with this tool for knowing all EVM chains developed by using the EVM module including Binance Smart Chain as well. And Phantom and if more than
So I think the relationship is from the birth of the chain itself. And to start realizing this, we are going to support as many as possible EVM chains to let users of EVM chains to create talk
because in one click. So they don't need to do lots of coding in coding evolved and learn to code from scratch. So by our tools, we are currently developing. I think we can support all the users, including you and me.
also as well, I cannot cut here to build our own smart contract on the chain without learning how to cut. So this is the idea of supporting EVM chains. So we are also having GDFAC token on our right here. And as I made
before that we are going to have Github Breeze that will allow Chidevik to come from Aurora to be burned and also minted from for another chain target. For example, you are here having access on Aurora wants to move your asses
from our route to Cosmos, for example, or from our route to Binance Marchein, or from near to Binance Marchein. So there will be a route to let you bridge your tokens that will be simplified using the bridge we want to build.
We already testing it for polygon Mumbai test network to our test network and it incredibly fast. It is incredibly fast only to approximately three seconds for each transverse which is very fast
I think comparing with other priests that generally using the mechanism of collateralization. So it will collateralize one asset and mean a duplication of that asset just like, as you know, the
are tokens with several prefix on it like we WPNB or W over WF more and so on. So we don't have to min add to to like this because all of GTIVAC tokens on
whether on our main chance or also whether on our main chance and also on other EVM chance are equal. So there is no duplication for it. So this is the idea of supporting all EVM chance including our and our relationships
with EVM change as well. Thank you so much and what is the roadmap for 2020 and 23? Okay for the roadmap of 2023, before
explaining it, I will explain that currently we are on our first anniversary and I am so excited to lead this project to be bigger and bigger again. I think we, according to our tokenomics and also the calculation, we are
Calculate on the network based on the POS rewards. Maybe this project will be living for 20 years, I think. And for next year,
According to our roadmap, we will have the mainnet of the kitchen of chain and for the next master or the next quality. We will also have the mainnet of newer chain. But before the launch of the mainnet, we are currently looking for testers to test
the capability of our network, the test network of our EVM chains. From EVM chains, then from test network of EVM chains, then we will jump into the test net of our products, and then we will jump into the test net of newer chain
on Cosmos, three passes, so we will have two kinds of blockchains at one same year and we expected that there will be so much participation on the testnet because we just opened the testnet
registered from yesterday and the numbers of applicants is currently exceeding one K applicants which is very big I think we will be more selective again to let people
We are not only for the cost-moves ecosystem community, but also for EVM change.
here welcome to join our testnet program with incentives. But again, we will have some specification and qualification to let you see, to let you be qualified on our testnet program at CAT
sent it from it. So the roadmap of in summary, the roadmap of 2020 will have our own network working fully for a unfolded that also distributes the tokens for fold it at first and also
it will collect fees also from the users. So I think the 2020-2003 for us is very important. So this is my summary. Thank you.
Thank you and finally what will be units about this short beauty chain bridge then are there in the market. So, Kitchok multi chain bridge is unique because it will firstly allow you to transfer your
asset using the GTF-Ektokun. So for example, you want to move your value of asset 100$ from Aurora, then you just need to buy GTF-Ekt from Aurora and then transfer the GTF-Ektokun
from our route to using our bridge for example to Binance Marching. So you will have GDAV EC token then on Binance Marching that you can sell on USGT on Binance Marching. So this is one of small use cases of our
bridge, but in the future maybe we will add more several or more assets that will interact as interoperable assets on many many change because we address that you know
like blockchain breeds are pretty dangerous if we use smart contract and using the, you know, all smart contract just like what I said before, collect registration mechanism, you know,
like several chants like Harmony and Binance and also they already suffered from exploit before and we don't want to have this accident on our interoperable network. That's why
I think we will recommend you to use our Kitchok bridge in order to be safely bridging tokens from chain across the chains. So that is my summary about Kitchok bridge. I think it will be useful since the numbers
of interoperable priests that will only use the token of the multi-chain token to let, like what I said, Minerborn mechanism is pretty low currently. I think we can be, you know,
like a competitive in this term. Thank you. Yes, thank you for all the information that you share. So we have launched a Q&A from Senior Announcement of the AMA.
5 questions from the community have been selected. The window will share the reward of 2500 GTFX token and NFT way list from this talk. Let me introduce the third session of the MA today. Community
question. And are you ready? Maybe you can, you can, you can, you know, let people speak that they are ready. Yeah. I think we could go to
for five community versions so that we could have people to join to ask you another version. Yeah. Yeah. Okay. And the first version, watch JTZ will be your team in Lehman tour at Char.
new developer to be on this shop. You mean this strategy to support developers to build on Gisheil, right? Yeah, that's right. Okay, in order to support the developers to build on our network, we
need to educate them about the mission of our network first because the mission of geese exchange is pretty different with other cryptocurrency we sell today. We want to connect with Webtof
to web tree, not from big corporations only, but also from very small business, maybe you see on your town, on your village as well. We aim to
to reach those people to use our network to let them build something on it. For example, they want to have loyalty point for their products that will allow their customers to be
granted and rewarded some loyalty point each time they buying something from his store. So it will be quite useful but maybe it don't have values because the issue of liquidity but it will
be legitimate on their specific retailer or on their specific stores. So for example, you have now the future NFT for McDonald's for example, then you
You can reteam this NFT on the closest McDonald on your town and you will get a food or train from it. So this is a small use case we are going to develop using our network. Maybe it will affect users to buy GTFX and fulfill some fees from that.
the transaction will be on our chain. It means it will require them to have some cash fees to transec on the pitch of chain. Although the amount of fees are very cheap and affordable, they still have to do that.
So in order to support their business, okay, that's it. Yes, and please share for me about playing our CD, epic token plan for ICO and how
can, how can you answer? So, currently we are issuing the ICO right now, but maybe if you are going to be, you know, like, you want to know first time before anyone else, maybe you can jump into our discord
and see our ICO form. So it will allow you to have the first information, our ICO information very early, earlier than anyone else. And we will email you through this subscription. You can go to our TISCARD.
find iCO white list and enter and submit your email address then. And about the market inside maybe we will go to from DEX first and then to
centralize exchange. So we will be put to choose and throw less exchange first in all just the centralization for exchange. So this is my little clue about our marketing team. Thank you for asking.
And what are the use case of ZFD? Speaking about use cases, as a network, the use cases are very, very big. But the main use case you are going to see is from the caspies. Caspies are very important.
on our network mechanism, just like Ethereum, they will have G way and so on. So the guest fees you can see on our internet network here scan.kit.com and you will see if someone wants to transfer from there wallet to another
it will require you approximately 0.00042 GTF egg or approximately 20 GB of GTF egg. So this is the first use case. Another use case is to support the network from the sides of
of consensus because we are already using the consensus called proof of stake here whether on Kizurchen and also on newer chains those two chains will require collaborators from FalityTorch's tools
take their token, they should have a token on the network in order to support the security of the network. And we aim to have 100 photo here and we already contacted three of them and they are very excited to, you know,
help securing our network because they see the competitors that they are unable to manage the relations between the idea we are developing, the EVM and Cosmos. So this is a big advantage for them to start something new.
something more democratic than what they are seeing today and we are so excited to you know telliver what they are going to you know I to telliver what they are wishing right now and another use case we are going to have is the
support the ecosystem development on our networks. So we will also have some grant program for developers who wants to build on our chain. But once again, it will be based on our
missions that is to support the integration with WebTrue people and WebTrue. So it will be more selective on it because as you know that we are currently running a startup as well, it means it should
It should give influence for people with positive energies, just like the startup you are seeing today, like Zoho or Google or Microsoft, all of the startups at that time, but they are developed
been new time by them and become bigger companies just like what you are seeing today. But the roadmap is very, very long and we need to do commitment from them. So this is the third use cast of our token. So to help developers
develop on our chain and developing our ecosystem and the fourth one is to help with the another one is also for interoperability
we are developing in Chidevac token that will act interoperably with EVMs and also on Cosmos. So it will be a medium for you and me to start transferring assets
from EVM to Cosmos. So I think it is also will have a big role since the EVM and Cosmos has different language, programming languages and it will be you know seven times when you are using our beads with a mechanism called
or min and burn, it will also save times as well. So this is the main use cases of GDP token. But in the future maybe if there is something interesting about your ideas or like
Trans, another trans that will be beneficial for our change, we will also to support them. It means that we are going to be a dynamic chain, not a static chain. Okay, those are our main, I
our main use cases of GDFX. Thank you. Thank you. And let me move to another question that you're long term vision for
Yes, the long term fission of our projects as I mentioned before that we are going to you know support the scalability of our
work, it means not only for we are seeing today, we currently we have a approximately three million transactions on our internet network. So we aim to scale that in order to be like
the network where people are transiting on it. So we aim to scale the amount of transaction of our tokens because the amount of the transaction will be affecting the amount of rewards that the validators will receive
during their founding program. So it is different with what you are seeing today on Ethereum and also Binance Marching and so on. They are using, you know, like they are not only collecting fees from the users but also they have pull rewards. They plan
that all together and you know burn some portion of it and mean, burn some portion on it and distributing some portion for all four letters. So in Kishok we are different in this rewarding, rewarding system because we are
We have treasury here. All of the transaction broadcasted on our network, all the transaction fees are transferred and submitted to the treasury and then reduced by 2% each
So we will help the inflection. We will manage this inflection of our token, the inflection red, I mean. So we can get a good price. We expect good price from that.
Yes, and finally about the community question that what benefit builder we have when they view project on this stuff. So when they are building, so
So your question is, what are the benefits for builders if they are building on Kishok? Okay, right now because the builders are, you know, like those are shaping the face of the projects. So as we saw today that all of the
the cryptocurrency network, the builders are timers from FTs, from like cartoon projects or meme or so on. But on Kishov maybe because of our tools, as I mentioned before, that we are supporting one click token creation, not only for years
to 20% for NFTs and it will be helping small and medium enterprises. So we can define that the builders of our chain is the SM is is small medium enterprises who
wants to build something without any coding efforts. So they will have the tokens for their business, for the tokens, for NFD, for their business as well as a future. And so on, it will be specified. It can be customized.
And we will tivle up a wallet, a special wallet for them in order to support their, you know, like with user interface that will suite for them. So I think the developers, we are going to support
But the thing we are going to support for developers is to help the customer experiences on their business. For example, when you are giving some loyalty points for
for your customers. So it will allow you to have these customers go back to your shop and to transaction again, volume something. Or if you are issuing NFTs, like a serial NFTs that
your customers needs to collect and make it perfect. Their share is about one for per for series and they only have one. So they will, you know, repurchasing again and again and make, you know, like
And you remain doing something from your store in order to collect four collections of your NFTs you are issuing. So I think we don't want to, you know, like specialize developers in
in the projects we are seeing today because it will be according to our missions. But also for developers who wants to have our missions, we will have a grant program as well for them in order to support them,
our missions and helping our missions grow and realize the future and give impact for people. So that's it.
I think we could ask about the community version. So let Hello everyone. Do you want to ask any question for today? Just write your hand.
Maybe you can choose one of them. Yes. I see.
Also, um, what's the like, you get me
I'm sorry, can you repeat it again? I said most of the inspiration that led to the development of this bridge project. Also, if this beer market continues to be 2024, what plans do you have in place to ensure that this project is survived?
Okay, as I mentioned before that we are going to plan to have our network on next year for Maynet and currently we are starting a task net that you can follow.
have to visit our medium and find the guide and register yourself. If we qualify your profile on GitHub and also your transactions on our testnet change, testchains,
maybe we can hire you to be one of our verified testers and speaking about the once again, can you repeat what? Because I cannot hear you very clearly. Okay, I was talking
about the inspiration that led to development of this great project. The inspiration we took to develop this project is because the background of our CEO or our founder, Joyville Boah, himself, he lost 36 K
on centralized wallet. So he tried to learn smart contracts and build a project from scratch and learn how to make blockchains and so on.
still developing on the chain. So this is our inspirations to do that. So because he was an experienced on managing not on Bitcoin as well. So he
He was following several testing programs and you know, bounty programs as well before and have many experiences to be blended together using on our network.
network and for example, we are currently building. That's it. Thank you. Thank you. Yes, thank you, too, sure. So, anybody who
Do we have a developer here? We want...
We wanted to ask about something about death.
to many, to many interesting.
I think people aren't interested. Yes. Let me pick another one for you.
Maybe you all of you can introduce your name first and where do you come from?
Hi, hello Flash. My name is Abdul Rahman and from West Africa. Nice to meet you, Drone. My question is, I wanted to know how will the demand for you tell
help can well increase in the future. And secondly, I was suffering through your website recently. I was trying to look for your partners, but I couldn't find any. So could you share with us if you have any? Okay, thank you for your question, Dr. Rahman. So,
For the partners itself, we are currently still need to improve our websites, but we will add some partners who are, you know, we are currently have relations with. The partners are
like Microsoft Azure, AWS and also Google for short up on amphibia as well. So we have a grant program from the sites of benefits from them. And another one, what is that? Can I repeat?
How will the demand for your token will increase in future? That's my second question. Okay, nice question because the demands of the, you know, layer one blockchains the area big, especially for securing the network to progress tracking program, it will require
require in total 250 million GTFX which is approximately 25% of the total supply to be taken all together on both to change POS mechanism. So it will allow
some demands for fellow data to have GDF EC token and then do some validating service and open staking program on their platform. For example, as you see that currently Binance are opening staking program
So it is part of their surface for POS blockchains. So as Kava and another one I don't know, maybe you can explore it again yourself. So the first image is for
for the POS mechanism. Next, we will be from the decentralized apps we are going to have. Just like I mentioned before, we will have our own wallet called Kang-Arole. It will require some new tokens to
be listed on the wallet and have several have there on logo with small charts of GTA 8 and another use case is also for our centralized services from kits from Github labs means
means like one click token creations will require users not only from kid token currencies users but also from real ones to have at least one gdfx to be the fee of the
network where they are building their ERC20 token or NFTs. And another, maybe there are too many use cases we can explain and too many demands in the future.
we expect because we are not limited on our change but we will also live on the real world. It means the demands will be, you know, like we cannot predict how much it is it but maybe
we can plan and start arranging the customers of our network from now. Thank you for your question, Flash. Thank you very much. Looking forward to using your project. That is amazing. Thank you.
Do you want another one further?
Yes, maybe you can pick someone with any may perfect pictures. Anywhere. Okay.
So I got to be quite mad. Can you help me? Yes. Hello there. My name is Muhammad Mustafa Rahman from Bangladesh. So I have a question. How to secure Gitchok finance?
for user and investor because there have been a lot of hacking issues can we get information about your security system? Okay how to check here the smart contract on Kitchok and also the blockchain right?
So, as you know that as smart contract maybe we need some assistance of audit company in order to secure our network, but currently we are still looking for the sweet-table audit company that will be efficiently audited.
I will not be repeating our smart contract, because there are too many smart contracts we are going to have, but on the chain interoperable network, I also for the tokens and also for the decks, for the apps. So there are too many smart contracts developing
and we are still looking for our other company for it. And for the blockchain itself, we are currently have more than one, not it means, once the blockchain are down, we still have another blockchain. We still have another backup to recover the data from the down.
nodes. So to secure it more, we need to have more nodes on the blockchain. So it will help, you know, duplicating the transaction and saving the data of the user's transactions. So this is my answer
for helping security about the network. And also the contribution of FALIATOS is very important and we plan to have 100 FALIATOS here for both network. So I think it also will help contribute the security of our network but on
and even customers as well. So thank you very much. Thank you. I have a moral question. Yeah, you can. Do you have any plan 2020 for your good shop finance?
I already explained it before two times. Maybe you can read about this issue in 2020 or three on our web paper or you can find our previous Twitter about it. I'm sorry, I cannot answer this.
Okay, all right, thank you
Okay. Okay, thank you. I think that's the last mission. Yeah. Oh, yes. Okay. So, yeah, thank you very much for...
all everybody Chinese today and that's also the last question of the M.A. today so I hope that everyone in the M.A. has understood more about this track and as well as its outstanding feature so butter do you have any
are sharing before we finish the day, my today. Okay, thank you of our community, also all of you guys to join this organization and I hope you can support our projects and enter all of
of our, if, if, and joining all of our program that we are currently developing with the communities, maybe the first one you can start is to start connect on our test network and find the, you know, the, the task we are
currently running. It is the record station from a testnet program. You can find it on the medium or on the Twitter. We have huge community here, but on Europe and also for Southeast Asia. I hope
hope you can contribute in developing our network better than today and I believe that we can make these together. That's it. Thank you very much. Yes, thank you very much. And that's the end of the AMA. I hope that you guys did
Thank you very much for spending time with us. Bye bye. Have a good day everyone. Thank you. Yeah, see you in the next AMA.