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HomeAMA RecapAMA RECAP IDCRYPTO X Koho Chain

AMA RECAP IDCRYPTO X Koho Chain

Speaker : Uncle Sam (Global Strategic Advisor)
Date : Wednesday June 30th, 2021

THERE IS 3 SESSION FOR AMA
1. INTRODUCTION
2. QUESTION FROM TWTITTER
3. FREE ASKING


SESSION 1 ( INTRODUCTION )

ID CRYPTO:
1. Please introduce yourself and tell how you started a crypto business to the idcrypto community?

Uncle Sam:
Hi everyone. My name is Sam and I am the Global Strategic Advisor for KoHo Foundation – a company registered in Singapore.
I have a Bachelor’s Degree in Computer and Information Systems from National University of Singapore. I have been a blockchain enthusiast since 2017.

ID CRYPTO:
Awesome. Very happy to know you Uncle.

Uncle Sam:
Like all of you, I am very passionate about KoHo Foundation as I genuinely believe the technology and the good KoHo can do to the DeFi world.
wow, lots of people online in this group.

ID CRYPTO:
your background sounds great..hope KoHo will be successful with a team like yours. Thank you for introducing yourself to us uncle.

Uncle Sam:
Global is the game!

ID CRYPTO:
Excactly, let me send second question Uncle.

Uncle Sam:
erh.. ok,,go. slow,,uncle Sam is old.

ID CRYPTO:
no matter. We are slow down, Next question.
2. Can you explain what is Koho Chain and how long your project launch !? Please explain in simple sentences.

Uncle Sam:
Most of our KoHo team members have been deeply involved in the crypto industry for more than five years. Everyone is an expert in their respective fields, including technical geeks, community operation masters, 100x return crypto investors…like some of you here today.
We have been through projects, but none of them is entirely our products, which is a pity. Fortunately, we got together last year and embarked on a new journey for KoHo with the focus – To Break the Rules and build a unique encrypted financial eco-system, which is directly our name and brand for KoHo.

ID CRYPTO:
cool, a great project is born from a reliable team. I love KoHo Chain.

Uncle Sam:
Thank you, we love all the supporters too. Blockchain is for everyone.

ID CRYPTO:
Yes, This is opportunity for us.
3. Can you share with the community, what Koho Chain has been doing from the roadmap ?

Uncle Sam:
ok, this one is going to be mouthful. please bear with me.
KoHo’s milestones have been 100% accomplished over the last few months. However, we do have a strategic roadmap for KoHo to be constructive and disrupt the entire blockchain ecosystem in the months and years to come.

ID CRYPTO:
Yes please, No rush Uncle.

Uncle Sam:
heheheh…thinking.
KoHo’s financial ecology has taken shape. Currently, KoHo has completed the construction of a public chain, wallet (KHC wallet), order book trading platform(Kdex), and liquidity trading platform based on AMM protocol(Proswap).
These foundations allow users to trade and store crypto assets in the KoHo ecosystem conveniently.
It is also convenient for more DApp teams to develop applications quickly, without worrying about token exchange and storage issues.

ID CRYPTO:
It’s interesting, KoHo has done a lot of great things, but we only know now.. we are really behind uncle.

Uncle Sam:
so, overall, we have leverage on blockchain to provide a platform with apps sitting on it to offer everyone a great service, so far ok?

ID CRYPTO:
All good Uncle, thanks you for answer my questions in first session.
I hope our community understand with your explanation.

Uncle Sam:
ok, i will make it clearer in the next few questions, sorry about that.

ID CRYPTO:
Yeah no problem.

SESSION 2 ( QUESTION FROM TWTITTER )

ID CRYPTO:
1. What are you most excited about on the roadmap of 2021 ? When defi supermarket will be integrated into $KOHO wallet?
From @annamuskto

Uncle Sam:
wow, very good question.
2021 is a crucial year for KoHo, There’s so much to be excited about in 2021!
KoHo’s financial ecology has taken shape. Currently, KoHo has completed the construction of a public chain, wallet (KHC wallet), order book trading platform(KDex), and liquidity trading platform based on AMM protocol(Proswap). These foundations allow users to trade and store crypto assets in the KoHo ecosystem conveniently.
The KoHo Foundation will continue to invest in the infrastructure of financial facilities and will continue to incubate around high performance, security and privacy. In the second half of the year, we will see more updates, including the update of the KoHo bridge and the advent of the perpetual contract platform and the NFT marketplace platform.
TIP(DEFI supermarket) has been developed and will be launched soon.
Also, looking into expansion into other region like Indonesia.

ID CRYPTO:
Interesting answer, this is really useful for the future.. I think if all remains well many will come to try the KOHO network.

Uncle Sam:
Right now, please do that. leverage on KoHo, Blockchain is all about buidling a string community.

ID CRYPTO:
Awesome. I like this, So user from Indonesia can learn more easily.

Uncle Sam:
indonesia has about 4,500,000 of crypto investors, is that corerct or more?
means Indonesian is ahead of others in the world.well done!

ID CRYPTO:
Yes, that’s more or less.

Uncle Sam:
so Indonesia is way ahead of my country – Singapore.

ID CRYPTO:
In fact, there are a lot of new investors this year, this really shows that crypto is attracting the attention of Indonesian investors.

Uncle Sam:
not investors but believers.

ID CRYPTO:
I think you don’t need to be ashamed, because Singaporeans think hard about this technology, I’ve heard this statement from a blockchain expert in Indonesia.

Uncle Sam:
thank you.

ID CRYPTO:
Can we continue with next question uncle?

Uncle Sam:
sure sure.

ID CRYPTO:
Good,
2. What are the full ecosystem tools for future identities and data that KoHo Chain is creating? With this important data, what areas do you hope to develop and decentralize in the future? What are your plans for this?
From @Sophiamangak

Uncle Sam:
Blockchain technology is only pseudonymous. While your identity is being concealed, the trace of your transactions is not. Since exchanges and other crypto custodians require KYC, a simple database leak can help hackers or institutions connect your data with your past transactions. It’s easy to know your wealth and what did you do on the blockchain.

ID CRYPTO:
Everyone, don’t forget join here.

Uncle Sam:
Therefore, we need a tool to protect blockchain identities and transaction records. KoHo Foundation will focus on investing and incubating DAPPs about privacy transaction in the second half of the year. Just stay tuned and look forward to it!
Coming real soon! hope you are excited.

ID CRYPTO:
Impressive answer.

Uncle Sam:
Thank You.

ID CRYPTO:
Sure, we are very excited.
3. You said that KIS protects sensitive information, where is that data stored? is it stored on your server? and how do you guarantee security from the possibility of theft, forgery, and data leakage?
From @safepalLover

Uncle Sam:
only an expert will ask this question.
let me try to answer this in the following.

ID CRYPTO:
Hahha excactly, Yes please.

Uncle Sam:
KIS (Keep Information Safe) is a concept. The data is stored encrypted on the KoHoChain. KIS is related to a DApp realizing the privacy protection of transaction identity and content through the scheme of coin mixer.
this is an area which the best will try to explore and develope.
to protect your assets and you.

ID CRYPTO:
quite complicated too, but this is really great.

Uncle Sam:
i try to keep it KISS, Keep it Short and Sharp.

ID CRYPTO:
okay okay interesting and perfect.

Uncle Sam:
do you like iit KISS-way?

ID CRYPTO:
I think everyone will like for it.
4. for KHC wallet, is KHC wallet a decentralized wallet? do app wallet and wallet extension support each other, so we can move pk/mnemonic from app wallet to wallet extension? and can pk/mnemonics from outside the KHC wallet be imported into the KHC wallet? and vice versa
From @FahrudinajiSari

Uncle Sam:
You’re right. KHC Wallet is decentralized, you own the private key or mnemonic words to access Dapp and manage your assets using Wallet Extension.
You’re familiar with KHC Wallet. Awesome!
i hope some of you or all of you have downloaded the KHC Wallet.
trust me, once you download, you dont want to use other wallet.

ID CRYPTO:
this may be like in general.

Uncle Sam:
the speed is awesome and easy to use.

ID CRYPTO:
Guys let’s try use KHC wallet now.

Uncle Sam:
please go download in Google.

ID CRYPTO:
See “KHC Wallet”

Uncle Sam:
yes yes yes,, Thank you!

ID CRYPTO:
Ok good, Let me send last question for this session.
5. I see there is a TIP(Token Issue Platform), can you explain what it is? and how does it function? is this like a token reward for users?
From @jinmineng

Uncle Sam:
awesome, TIP (Token Issue Platform) – is a token issuance and IDO (initial DEFI offering) platform. Any DEFI team can easily & quickly issue a token and raise funding through TIP. TIP aims to help genius team start their own blockchain career with financial support from KoHo community.
if you have a DEFI team, you can use our paltform to build, did i say genius team? yes i did.
i believe all the people here are genuis and smart.
some may have built DEFI systems already and you are welcome to our platform. use TIP.

ID CRYPTO:
The IDO model on Koho Chain is very unique, it’s really much different in general.

Uncle Sam:
yes, spot on!

ID CRYPTO:
it will also make it easier to do.

Uncle Sam:
yes, sounds like all of you are ready to come to KoHo Chain!
WElcome! and we are planning to come to serve all of you, stay tuned.

ID CRYPTO:
Thanks a lot uncle.

SESSION 3 ( FREE ASKING )

BABY SHARE:
Developing multiple products in KoHoChain is a plus! However, does developing multiple products make it difficult to manage?

Uncle Sam:
I’m a big fan of technology. I think technology is the most robust fuel.
When KoHoChain was born, we formed the KoHo Developers Union.
We have developers from all over the world in our alliance.
We say blockchain is decentralized, and this team is also decentralized.
We provided developer documentation and formed the Discord Developer Exchange Group. They each develop their projects on KohoChain.
Time does not conflict!They are all KoHoChain believers, and they are doing their development work efficiently!

FarukVai:
Could you really give us more details about your tokens? How much will your total supply and distribution of them be? And additionally where we can buy your tokens??

Uncle Sam:
KHC is the foundation of KoHoChain. At present, KHC is being listed on Bitmart, ZT and KDex, you can definitely buy from these changes (so do hurry !) In the coming days, we target to be listed on one of the TOP30 exchanges, do stay tuned! Below are some of the data:
1. Market Capitalization = 23,058,000 USDT @0.549 for total 42,000,000 tokens
2. The amount of KHC tokens in circulation is 13,360,000, currently trading @0.549 USDT. The unmined amount is 28,640,000
3. The unmined amount is 28,640,000:
Part 1: Super-Representative Mining – 21,000,000
Part 2. Influencer Recruitment – 1,000,000
Part 3. Infrastructure Developer Rewards – 1,500,000
Part 4. KHC Foundation Operating Fund – 1,000,000
Part 5. Eco Consultant Rewards – 1,000,000
Part 6. KoHo Community Rewards – 3,140,000

Ⓙⓝⓥⓒⓗⓒ:
Do you agree that the power of the community will drive #koho project to global growth?

Uncle Sam:
Through the KHC Autonomous Community Union, we will introduce many users in different countries/regions to participate in KHC.
We have always believed that blockchain is a technology that can improve the development of poverty-stricken areas and can be used to solve the problem of equitable regional development. The blockchain allows global assets to be linked together and within reach. As long as you can access the Internet, you can access the blockchain.
So, in my opinion, KoHo, as an affordable public chain, will develop more emerging markets.
In Southeast Asia, India, and Africa, and other underdeveloped countries. Many users have not even experienced the PC era and directly entered the mobile Internet era. In other words, many of them cannot pay for a computer. We want to provide them with an affordable blockchain network that can make more people use and enjoy the benefits of blockchain.

It’s Okay:
What projects do you consider competitors and What differentiates you from them, if there are any?

Uncle Sam:
We love the old Chinese saying, “An enemy is the best friend.”
There are a lot of blockchain projects out there, and each good project has its unique advantages. But KoHo has an absolute competitive advantage!
Here are a few of KoHo’s advantages:
#TECHNOLOGI
We have many innovations in KHC, such as side-chain technology, high-performance optimization, privacy transaction, etc.
#EXSPERIENCE
Most of our team members have been deeply involved in the crypto industry for more than five years. Everyone is an expert in their respective fields, including technical geeks, community operation masters, 100x return crypto investors.
Therefore, we have the rich project experience to deal with any difficulties.
#BELIEVER
At the same time, we have a strong community organization. KHC Foundation established KHC Autonomous Community Union for marketing development.
Through the KHC Autonomous Community Union, we will introduce many users in different countries/regions to participate in KHC.
Therefore, we need a tool to protect blockchain identities and transaction records. KoHo Foundation will focus on investing and incubating DAPPs about privacy transactions in the second half of the year. Just stay tuned and look forward to it. and the price will gradually rise.

Hermawan| Trader:
Many new cryptocurrency projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a successful project in the cryptocurrency?

Uncle Sam:
To start off with, you need to have the core values – what you believe in Blockchain and Crypto! Next is to find a good team of people who shares the same believes. Clear roles and responsibilities will be next as each will be able to focus on the strong areas and bring the team to the next level. With these – you will have the winning formula to be the TOP and lead the blockchain motion!

MORE DETAIL ABOUT Koho Chain

Website
Block Explorer
Developer Document
GitHub
Developer Community
Download
Twitter
Telegram
WhitePaper
KHC Wallet Extension Instruction

Oezankhttps://idcryp.to
Oezank is a Crypto Influencer who has more than 2 years of experience observing Crypto projects and strongly believes in blockchain technology in Indonesia.
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