AMA Recap 404 Daily Crypto with AlitasTech

404 Daily Crypto
6 min readNov 17, 2021

--

Hello 404 Daily Crypto Community

On the 16th of November 2021, at 11:00 AM UTC (10:00 WIB). We just successfully hosted our 76st AMA with AlitasTech. With our guest representative from Alitas Team.

Many of you might have participated or many of you not, So here we are up with the AMA transcript for those who missed the AMA session.

Introduction Questions Asked By 404 Daily Crypto Team

Can you introduce yourself and Alitas to our community?

Hi everyone, I am the representative from Alitas Team. Alitas is the underlying infrastructure of a new generation of value networks, dedicated to building a new generation of underlying trusted network protocols and providing efficient, convenient, secure, and stable development and deployment environments to customers worldwide.

Can you share the strengths of Alitas that make Alitas stand out?

Recently ALT showed its great marketing performance. Since it’s launch of 0.9 USD, while the price of ALT now is 30 USD

Please provide some information about your Roadmap, How Alitas is progressing so far? And what Alista is currently focused on?

This year, the boom of NFT has led to the explosion of the entire Ethereum ecosystem which has also triggered our interest and exploration in the direction of NFT

Please tell us more about Alitas token Tokenomics? What utilities does the Alitas token have, and what benefits will tokens holders get?

ALT is the token of the ecosystem on the DAG network and the main component of the system, this token will be used as the platform currently in the Alitas network ecosystemThis year’s plan involves two main directions, one is liquidity and the other is technology development.In order to increase the liquidity of Alitas, we have already connected to several well-known exchanges this year and successfully get ALT listed. We are very excited to be listed on Indodax, the well-known and world class exchange with a good reputation among its users. As the project matures, we believe that Alitas will continue to get listed on more and more well-known exchanges, and we are working hard for this.

Q1. Twitter : @SweetBnnzxa283662929

Listing on the right exchanges especially major exchanges helps to increase the token price and is a form of Marketing. So Where can we buy Token and what plans do you have for listing on major exchanges (DEX and CEX)??

Currently ALT token is listed on indodax.com, cointiger, bibox and xt.com, which strongly demonstrated its potential and strength in technology innovation. And currently we are under negotiation with some reputable exchanges. I think we’ll have good news very soon.

Q2. Twitter : @Big_oneesteh

Many majority of Crypto projects are built just for the purpose of creating wealth for themselves. So I want to know the value you aim to add to the crypto industry that will bring greater abundance to the industry

Its unique Alitas architecture completely replaces the traditional chain structure. A disruptive breakthrough in the theory of the traditional directed acyclic graph (DAG). The Alitas structure is used to organize the blocks. While achieving complete decentralization and completeness, under its Alitas architecture, the TPS can reach 30,000+ per second.

Q3. Twitter : @aoldersg

Which do you think is more important:
A. Community
B. Investors
C. Token Price
If all of the above is important to you, whiich should come first?‌‌

Community & investors is more important, Committed to open ecology, open application, and open cooperation with other ecosystems, the underlying Alitas infrastructure can be fully integrated with big data, cloud computing, artificial intelligence, 5G, and other technologies, and can seamlessly connect with other blockchain networks to realize a shared and open community. The major breakthroughs of Alitas aim to bring a more efficient, convenient, safe, and stable development and deployment environment to users around the globe

Q4. Twitter : @MarkZubergec

Covid-19 has a bad impact in almost every sector. So, as a crypto projects how did it affect you? How you and your team have done the work in the pandemic?

Fortunately, everyone here, including me, still lives in the world of Crypto. Compared with none-crypto, our wealth has increased with a high probability. BTC even hit ATH in the past month. So there is almost no effect to Alitas development and growth

Q5. Twitter : @Febri3108

Many blockchain projects are on paper only and don’t have any product or have a product with no practical use case. Please let us know what is Coin ‘s current practical product in use? What are your plans for the product to be better in the future?

This year’s plan involves two main directions, one is liquidity and the other is technology development.In order to increase the liquidity of Alitas, we have already connected to several well-known exchanges this year and successfully get ALT listed. We are very excited to be listed on Indodax, the well-known and world class exchange with a good reputation among its users. As the project matures, we believe that Alitas will continue to get listed on more and more well-known exchanges, and we are working hard for this.

Introduction Questions Asked By 404 Daily Crypto Team

From Telegram username @cryptolove_2

Can you tell us about the background and experience of your project DEVELOPMENT TEAM,? And how will they carry out your project during the current pandemic?

The major breakthroughs of Alitas aim to bring a more efficient, convenient, safe, and stable development and deployment environment to users around the globe.
Committed to open ecology, open application, and open cooperation with other ecosystems, the underlying Alitas infrastructure can be fully integrated with big data, cloud computing, artificial intelligence, 5G, and other technologies, and can seamlessly connect with other blockchain networks to realize a shared and open community.

From Telegram username @bjp_antiindian

What kind of partnership can you expect from your future project? Are all projects in line with your current roadmap? And what are the next steps to be taken in the future?

Innovative Energy Conservation City” to https://www.alitas.tech — 5 — build a blockchain entrepreneurial innovation platform, which will provide platform support for individual and SME entrepreneurial innovation, because of the foundation for the application of blockchain technology in the future.

From Telegram username @maanek1

According to your roadmap, in Q3 2021 your project will hold the Test compatibility and stability of the tolerance algorithm. Has this test been running? If so, what were the results? Can you share with us the details?

In particular, the boom of NFT this year has led to the explosion of the entire Ethereum ecosystem, which has also triggered our interest and exploration in the direction of NFT, and we are also studying how to better integrate with NFT. At the same time, the boom of NFT has brought about high GAS fees in the ethereum network, resulting in abnormal congestion of on-chain transactions, which has caused many users to complain. We also hope to give users a new choice through the maturing of Alitas on-chain features.

From Telegram username @Davina0972

When investing in a project, people usually pay attention to the speed, security, transactions and potential of the token! What is $ALITA view on these factors and how can you deal with them ?

We believe that the price will show well about the technology. In the beginning, the price of $ALT is 0.9 USDT while now its price is over 10 USDT. The market has shown the recognition of Alitas.

From Telegram username @Legend_da

Security is so important with every project and platform. How does Alitas keep users’ assets and personal data safe from hackers?

Through the exploration of unknown and deep learning, massive data analysis, benefit from uncertainty, and resist quantum attacks.

Closing words from our guest to 404 Daily Crypto Community

A lot of events have been planned and will happen in our Alitas tech group every month. So don’t miss it.

  • Airdrop will start tomorrow onwards
  • Quiz event is on going

Here are some important links of Alitas tech

--

--

404 Daily Crypto

404 Daily Crypto is a Community of Cryptocurrency enthusiasts. We provide interesting information and news about cryptocurrencies.