On April 14, 2019, Alejo Chababo, Callisto Network’s head of marketing, answered questions from the community about Blockfolio Signals, Bitfinex listing, and made a statement about the overall position of Callisto Network.
Hi everybody, @alejomc here.
Hello Alejo, how are you?
Doing fine, my tea is ready.
Nice, we are ready too. How is going CLO project?
I think we are doing pretty well. Resistant levels on price are a nice indicator of a pump.
Alejo, hi! Will, there be a listing on the top exchange before June 1? (Bittrex+Upbit, Huobi, Binance).
I hope so. But thanks for asking this because I wanted to say some words about it.
If a listing happens in the next days/weeks/months, it will occur without prior notice. I want to clarify that the listing will be announced 1 or 2 hours before it impacts the exchange.
Anyways, we are always in contact with the major exchanges trying to close a position to get into it.
What’s the reasoning behind that?
Just to prevent miss information or pump/dumps.
Hi @alejomc. Does Callisto need to expand the marketing team?
Yes, that’s why we did it. A new guy will start tomorrow. He will be helping me mostly with brand recognition – spread – SEO, and posts.
Is Callisto Halving expected? In March, two more listings were to take place, will they?
Exchanges were supposed to be listing us for free in exchange for auditing every coin in their platform – an extra service that they were going to have. When signing the documents, some “fees – and charges” were included in a kind of shady move. So I refuse to do deals with such kind of people/companies. That’s why it won’t happen.
After weeks a long phone calls with all conditions set, they sent me the papers, including Callisto’s payments. Terrible and unacceptable ways of doing business.
What is the priority of promoting the project in marketing?
Priority right now is SEO and Brand Recognition.
Why don’t you use aggressive marketing tools in promotion?
Can you elaborate with examples? I guess I’m not getting this clear.
What serious news is expected in 2019?
We expect to accomplish with the road map. Also, on the way, we are pushing some great partnerships. I have closed one already, thanks to @sampol18. Is, was going to be a surprise, but – Who uses Blockfolio App in here? Callisto has now entered into the exclusive Blockfolio Signals platform. From next week, Signals about Callisto will be regularly posted on it.
What is the CLO rate you see at the end of 2019 with a Bitcoin value of $ 7,000?
Everything I can. Remember, this is my primary and only job, and I need to eat.
Why on Bitfinex such small trading volumes? Do you think you need to make a reward for CLO traders to go from Stex to Bitfinex?
Mostly because of the trading limits of 10k that were removed in the past few days. Another thing is that the miners won’t change their address for a new one as Stex is already giving them liquidity and working perfectly. Anyways, Getting listed in such big exchanges is always an opportunity for catching whales. I’m confident that the volumes will increase.
What do you personally think about the idea of opening additional departments in the project for the production of smart contracts and support and integrate them into real business? The project needs a lot of responsibility.
Mainly, a decentralized system that will help secure the entire ecosystem. We have opened our limits with ETC. Now we are accepting any kind of Solidity smart-contracts and finishing the new team for EOS Auditors. Anyways, I’m working on this field a bit more to get some profit from these audits without being invasive.
Hi @alejomc. Last few months, there were several payments, almost regular (2 per month), to Stex from the treasury. “Trading pair payments”. I did not notice new trading pairs for CLO. Can you explain please? Thank you.
I think that this was explained. These were the last payments for it. Anyways, I’m not in charge of that area.
Any surprise for 15.04?
Blockfolio Signals – We are now part of this exclusive platform of the most used portfolio app in the entire world.
@alejomc, is there any chance that the exchange will be this month?
Please read above about mentioning listing dates.
Alejo, at the moment staking rewards is about 2.7%. Do you think that after 2.750.000 block cut rewards, we will get more?
New monetary policy will increase and favor Cold Stakers.
Is there any specific good news for the birthday Callisto?
I wanted to share some good news. It was prepared for tomorrow because of Callisto Birthday…Ok ok, let’s wait until tomorrow….Let’s keep going with the questions.
Hi. Dexaran spoke about negotiations with Bittrex. Do you conduct negotiations with them?
@alejomc Perhaps on the site you need to place an updated table for coins and audits, or a database of audits.
Yes, that might be a good addition. But the main idea is to get a minimal and clean web. With real statistics but keep it clean for new users. We do not want to make to messy with a lot of information.
@alejomc Perhaps on the site, you need to place an updated table for coins and audits, or a database of audits.
Sorry, Maybe I missed this. What do you mean?
Yohan considerate Denis, but no news.
Yes, But there are no legal actions that could be taken if they do not publish it.
What are the reason the network hash rate decreases ??
Mainly two reasons in my opinion:
1) ETH, ETC price increase later these days, making them more profitable to mine (Right now we are again almost in the same range).
2) Another attempt to attack the network, this increased the difficulty a lot, meaning that less profitable to mine.
And one more suggestion. I think it would be a good idea to create an audit liability fund. If, after audit problems arise, compensate for the fund. If there are no problems and the fund grows, encourage a team of auditors. I think it would be more responsible. And it is attractive for serious projects. Also, a growing liability fund is a good marketing tool.
Please, I like it, but open an issue on Github. I can not decide for everyone.
Hello Alejo, so only Blokckfolio for CLO? Or something more tomorrow? ?
Tomorrow I will reveal a new little present.
1.- Whats your favorite tea brand?
2.- Are the team thinking or planning about CLO listing in any p2p market?
1- The best I can get in my country is Liptxx (won’t say the full name unless they pay me ? ).
2- Yes, I like crypto-bridge.
Hello, we really need the exmo.com exchange, where it is very convenient to start the currency?
I love Exmo, But after some discussion over email never got a new response. Maybe they are too busy? I tried to re-contact them, but no answer. In this case, I think the best choice is to wait for their contact or a new one.
@alejomc What Poloniex? Are they in touch?
Every respectable and big exchange was contacted. I have done it myself.
Ok. I was going to make a statement and was going to put it on medium and our forum. But I will do it right now because you guys are here, and I’m very pleased with your company and that you care about CLO:
Can Callisto Fail? I would say no. Callisto can’t fail as Callisto already established a real working platform for both auditing smart-contracts and generating passive income. From a technical point of view, this makes Callisto an “Enterprise,” and we left the “Project” term in the past. This mainly fails on Crypto. Projects never leave the word “project” behind.
Why has Callisto not seen major pumps? We prefer organic growth. But You need to look back and see what Callisto and the community have achieved. No matter if the volume is low, Callisto is listed on Bitfinex and HitBTC, both great and extremely recognized Exchanges. At the same time, Callisto has brought value to security matters. We can see our department Auditing contracts every week and seeing the queue growing every single day. Once, we were looking for contract developers to find us and use our services. Now, we are getting our door knocked by them to ask for our services.
80% In crypto doesn’t care about the ecosystem, they care about fast profits and are willing to do anything to achieve it. We are in the 20%, finding our partners and relations with people with the same mind: adoption, safe, and a great future for Crypto as a whole.
I also want to highlight someone. @Domlympo Is starting a business, and he is helping CLO in a LOT of ways. He is a supporter, a community member, just like everybody else in here. He has started to ask me for papers to do a presentation about CLO. And he is asking nothing in return. Why? Because if CLO grows, his investment grows with it.
So, I wanted to say thank you to him because everything he is doing.
For closing this AMA. I wanted to share with you some inside. As you may all know, many of the trading volumes are fake, according to some recent reviews and documents. Not only do the exchanges do this, But the coins are doing it massively just to get into the top 100 coins. But I assure you that, if every coin holder of these coins goes there and sells it, real liquidation will be minimal and not what you see in the books. So, you may see our market a little bit. But every single penny traded is real value. We can always hire a MM team and create some volume and liquidity. But if people want to sell, the coin will dump anyways. If they’re going to buy it, It will pump. This is not organic. This is not real. And this is not our way. This is wasting money OR just creating FOMO to checkout some coins from the ecosystem. Not a wise investment if you want to remain in the system for long.
Want to thank you guys for being here and there for reading and for asking and for bringing great value to this AMA.
Still, as you may know, you can ALWAYS contact me at pm, and if you have some proposal, submit it on Github! It will reach us, and it will be evaluated in the right way.
Thank you so much, guys. Have a good one!
Previous Ask Me Anything sessions with Callisto team:
Dexaran’s Ask Me Anything on 24/03/2019.
Alejo Chababo’s Ask Me Anything on 08/02/2019.
Callisto Network introduces the Dynamic Gas Price feature.
Trust the Blockchain, Audit the Smart Contracts.
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