Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with Konstellation 31 January, 2022. This guest star,

  • Sang Lee — CEO
  • Natasha Bans — COO
  • Joris Colleret — Ecosystem Development Manager

Introduction

Konstellation OG,
Hi I’m the president of Konstellation Korea, a core developer team for Konstellation Network. Split my time in NY and Seoul and have an awesome global team creating the future including @risjo !

PNDA,
I m the ecosystem development manager. I have been working at Konstellation for 10 months, I was a crypto analyst on my own for 3 years. I joined Konstellation to create awesome use cases for $DARC and make Konstellation and our dapps easy and fun to use by crypto and non crypto people.

Natasha Bans | VegaX & KNSTL,
Hi Everyone, great to be here! I am part of the founding team at Konstellation Korea, currently in NY, and working with a great global team to build up our $DARC ecosystem. Thanks for having us!

QUESTIONS MODERATOR

What is Konstellation? What triggers you to launch Konstellation?

Konstellation OG,
Konstellation is a global award winning blockchain platform focused on the future of decentralized capital markets. What that means is a system that allows us to move money and assets without middle men. Right now L1s are great but we still need better usability.

All of the new assets on chain will open our economy to different opportunities and challenges. Konstellation is here to solve that.

Natasha Bans | VegaX & KNSTL,
Even more formally — Konstellation Network is a blockchain protocol, built on Cosmos SDK, creating a global infrastructure for the future of the decentralized capital markets. We focus on creating what we think is the backbone for the seamless bridge between capital and returns with interoperability at the core. We are trying to connect everything needed on the back end for future of DeFi — but build it in the best way possible!

PNDA,
Konstellation is a blockchain that focus on different things. Cryptocurrencies investment, NFT game and marketplace are being developed as well. And we are also working on others use cases link to cross chain liquidity.

What salient features or products of Konstellation?

Konstellation OG,
As a L2 we are focused on usability. Right now DeFi is great but most regular people have a very difficult time with it. We want to make everything more usable and friendly.

Through that our goal is to build platforms and features that are user friendly and innovative to maximize the value of the blockchain.

We are gamifying NFT through Squid Squad OG, disseminating global culture through Kambrian.io and also building DeFi infrastructure to globally trade without censorship

Most importantly allowing for all investors to have an onchain portfolio without problems like VegaX!

PNDA,
The possibility to invest in crypto strategies and indexes in an easy to use platform is definitely a big added value for any crypto investors with https://vegaxholdings.com
Developing a play to earn game with unique feature such as battle royale NFT game where losers see their NFT burned is pretty revolutionnary in the space as well. And it will be the first time rock,paper, scissors have been adapted to the blockchain and Game area.

Natasha Bans | VegaX & KNSTL,
All of the ways Sang mentioned we are gamifying our projects, give us big learnings to improve the blockchain and our development. We are really thinking big picture and making sure we can build the best back end technology to support the growth and needs to the market. More building to do and we look forward to the community’s support!

Regarding the Konstellation ecosystem, kindly tell us about Konstellation ecosystems and use-cases DARC tokens?

Konstellation OG,
We are building it now but have great uses cases. You can stake on network for ~15% apr, you will be able to use it for the NFT platforms and we are developing other governance use cases which we think will be amazing

@risjo has already onboarded 25 amazing validators that are earning rewards and we recently signed a partnership with Cosmostation

If you want to buy assets while earning rewards konstellation is the best place to do it

PNDA,
Yeah @Knstl_OG sum it up really well.
Darc will be able to be used and earn with https://squidsquadog.com for now as well as the future NFT marketplace and others applications that we are Building. Darc will be the utility token of Konstellation blockchain

Natasha Bans | VegaX & KNSTL,
You can access our network wallet, Hubble here and we’ll be sharing more of the ecosystem release updates on our main page: https://konstellation.tech/

How is Konstellation handling marketing and community development?

Konstellation OG,
We’ve partnered with Luna PR and folks like YOU all to help spread the word. We are working hard on growing the community. Only through amazing users and supporters will Konstellation Network be a global force.

We are also emphasizing real use cases that will help users become evangelists!

Natasha Bans | VegaX & KNSTL,
We’re also always on the hunt for great partners to support marketing for DARC use cases and are starting this year off strong with Luna PR as a partner with Konstellation. We look forward to continuing to grow our communities and get people excited about the future of defi with Konstellation and DARC!

PNDA,
We try to be as crypto native as possible and engage with our community by giving them what need and want.
Done

Please inform Konstellation roadmap? What is strategic plan of Konstellation in the future?

Konstellation OG,
Well as @Bans_DARC mentioned we are a Cosmos SDK based system. We are currently upgrading to the most recent version and focused on the most interoperability and crypto native asset portfolio

Our strategic plan is for users to be able to trade any on chain asset through Konstellstion without worrying about separate bridges or fees. Should be seamlessly usable across all blockchains!

In addition, we are always brainstorming new and innovative use cases that apply to the broadest community of investors not just pump and dump schemes. Long term is the name of the game.

PNDA,
https://konstellation.tech/roadmap general roadmap for all of our projects can be found here. We re trying to stick with it as much as possible.

Natasha Bans | VegaX & KNSTL,
Team said it! We have a great roadmap this year and we’ll release quarterly updates on our progress to keep the community updated on next steps.
Done!

QUESTIONS TWITTER

Konstellation announce partnered with Cosmostation & built on the Cosmos Network. Why did Konstellation choose Cosmos as the main network? Is Konstellation mainchain compatible with Cosmos & how does Konstellation deal with interoperability issues?

Konstellation OG,
Yes we are built on Cosmos SDK as we believe the tech and developer community are dedicated to interoperability as we are.

We are compatible with Comos and currently undergoing an upgrade proposal for IBC!

PNDA,
Cosmostation is one of the main cosmos validators and we thought they will be the perfect partner for cosmos integration as well as blockchain upgrade

Natasha Bans | VegaX & KNSTL,
Who can deny Cosmos? The development community is so strong and we believe in Cosmos Network long term. They were one of the first to focus on IBC!

Alkemy allows the conversion of any fiat currency into a stable currency. How reliable is Alkemy’s system, and what tools will allow them to create an omnidicurrency? How does it help Konstellation, so that its currencies are stable and people have confidence and faith in them?

Konstellation OG,
Alkemy is an open source protocol for the first single reserve algorithmic stablecoin in any currency

We believe that it’s really important for investors to be able to account for that think about things in the value that they are accustomed to using.

Alkemy will be a key component of our DeFi exchange and asset management platform which is coming soon!

PNDA,
Nothing else to add on my side. Great sum up by @Knstl_OG
Done

Natasha Bans | VegaX & KNSTL,
Agree — done!

I read in a Tweet that you comment that it is not necessary to have experience in the crypto market to make use of the services offered by Konstellation. Is this really so?How intuitive is your platform to use and how easy is it to handle for someone who has no crypto experience?

Konstellation OG, Thats really the point of Konstellation. DeFi, NFT DEX all of these are very complicated for regular users and our vision is to make it as usable as technology today. That still requires more work but most importantly has to be around the comfort of owning assets on chain.

SSOG as an example is a game to win a prize pool like Squid Game. Doesn’t require difficult programming and even the game is simple!

PNDA,
Definitely agree here. A lot of projects doesn’t have easy to use front end for end users. Some applications require users to be “almost” rocket scientist to understand and know how everything works.
That’s why we focused on Ui/UX in the front end to make things easy for the end user and we handle all the nitty gritty in the back end. That’s how it should be done. Konstellation make crypto investment and others use cases easy for the end users while our back end handle all the processes.

Natasha Bans | VegaX & KNSTL,
Our goal is to make everything as easy to use as possible, and part of that is clear from #SSOG that @Knstl_OG and @risjo mentioned. The learnings we get from the usage of the network in this way helps make our network stronger long term!

“Kambrian” is an NFT marketplace that focuses on K-culture. It is said the $DARC holder will be able to trade NFT into Kambrian marketplace. Is it a requirement to hold $DARC tokens in order to trade and interact into the Kambrian NFT marketplace?

Konstellation OG,
It’s not a requirement but there will certainly be incentives to do so. Kambrian is a part of the DARC ecosystem but growing to become a global platform on Korean culture which is the hottest topic in the world right now!

We have very innovative methods for the token economy and all focus on direct value and use case for investors.

PNDA, Nothing to add on my side.
Done

Natasha Bans | VegaX & KNSTL,
As Sang said, not required but encouraged 😊 — this is another use case for $DARC but there will be other ways to use Kambrian if you are not a $DARC holder, but token holders will have more VIP like access!

Would please tell us about the goal you want to achieve in this year?

Konstellation OG,
The market has seen a lot of up and down and we have been I’m the industry for many years. We know a lot of folks are thinking short term. However we are at a pivotal time of change as we move from fiat to blockchain and all assets move on-chain and become a part of the metaverse that everyone is talking about.

Our goal is to make that transition as seamless possible. Money is hard to transfer but we want to make purchasing and including on chain assets super easy

Specifically the network has the ecosystem projects we discussed but we are also brainstorming faster ways for non crypto native investors to get involved.

PNDA,
Go the moon with all crypto holders ;)
In all seriousness, we want to deliver our projects, keep building and onboarding new users as well as providing the crypto community safe and interesting platforms to invest , play games and collect NFT and do all kinds of others shenanigans that we can find in the crypto industry.

Natasha Bans | VegaX & KNSTL,
This year, we also want to get more $DARC use cases live and get more of the community using the Konstellation Network. This will include a lot of work to release new features and products based on our roadmap, but the team is really excited to keep building and bring to life a lot of the products we have been discussing over time. DeFi, NFTs, and the metaverse — powered with a bit of the Konstellation Network!🚀

QUESTIONS TELEGRAM

Pump and dump schemes are becoming a major problem in the crypto space which needs solving, Investors hard earned money going down the drain. Could you please tell how will prevent whales from manipulating the price & ensure the price appreciates?

Konstellation OG,
Major investors are all staking for long term gains and not a scheme. Building great things take time and we want to build a community that builds with us.

How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Konstellation OG,
This is fantastic and we are very interested in opening an ambassador program for different markets.

Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?

Konstellation OG,
We are most interested in (1) usability (2) sound finance (3) interoperability. These are going to be the key features which determine the future of blockchain

How can users stay up to date with this project? Are there channels, including local communities, where users can get the latest updates?

Konstellation OG,
Please join our telegram group https://t.me/Konstellation for updates!

Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.

Konstellation OG,
We love non crypto investors as that is who we need to bring to the market. We are working with regular investors everyday!

Telegram Chat | Twitter | Website | Linkedin | Medium | Facebook

Thank you for trusting Infinity Chain as the organizer of the event today, hopefully everyone can understand about Konstellation.

Join our Telegram Group and you can talk directly with other Communities and enjoy some of the events that we created. We are always here to support.

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