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      "title": "AMA with Phil Zamani, CEO of AERGO Project. 01/09/2019",
      "body": "On the 9th of January 2019, the community of AERGO had an AMA with Phil Zamani, the CEO of the project. The list of the Q&A is below:\n\n1 - The list of questions from the ambassador of the project:\n1) You write that you established partnership with \"leading treasury firm\", which led to ongoing process of diversification of ETH holdings into Bitcoin, different assets and Fiat currencies. Can you please provide any info on this treasury firm and why they/you choose to invest in Bitcoin?\nMoreover, in previous AMA you mentioned that you don't hold any cryptocurrencies and believe only in AERGO. Taking this into consideration can you please explain, why AERGO choose not to instantly convert ETH into Fiat currencies? (you write that it is pretty trivial task nowadays).\nAnd why in September, when your team saw that market keeps dropping - you decide to apply to treasury firm and play \"investing game\", including investing in Bitcoin, instead of going full Fiat.\nYou write, that AERGO is non-for-profit organization, please explain team position about decision not to covert ETH to Fiat but instead go for risky investments (Bitcoin, other non-fiat assets).\n\n2) You write in your article, that you managed to agree with 8 out of 10 private investors considering new vesting schedule. What is with 2 other private investors? Do they have their vesting changed or left with old ones?\n\n3) You write that Blocko will loan tokens from AERGO for ten years for stacking and public chain maintaining. Can you determine amount and from what reserve it will be taken? \n\n> 1)We have explained our strategy in detail in our QOU and recent Medium post - treasury is there to ensure amongst other things 1 - you don't run out of cash in short term, 2. if you don't need cash soon - invest in other assets that are liquid and can be converted quickly and 3. if you have surplus diversify- we do all of these.\n\n> 2)No purchaser was given special treatment - the change in vesting was consistent across the board\n\n> 3)They come from community and ecosystem reserve - we cannot disclose confidential commercial matters - they will receive a reasonable amount over ten years - but only if blocko performs (like all other future block producers).\n\nQuestion: Thank You very much for answers Sir Phil, can You disclosure name or any details about this treasury service firm by any chance?\nI think that would have huge impact for adding confidence 💪\n\n> It is a youg and leading frim in South Korea - I need to check with them if they want to be named - I will revert to the community once I know.\n\n2 - Will there be any changes to your roadmap?\n> No major changes - just that we may reorder some of our roadmap to ensure we hit or key objectives for 2019 - like Mainnet in a few months\n\n3 - Hey Phil, a kinda unpleasant question but a question nonetheless: How do you address the fact that there are at least one or more leakers among your employees? It seems that the mood within the company is pretty poor, given everything that has happened.\n\n> I’m not sure where you got infos, but Last week, I interviewed all engineers with 30 hours(really tired ^^), and most of them are happy and proud of their work. About token price, yes maybe but we can understand bear market. (Hunyoung Park)\n\n> I would kindly suggest everyone check the facts before you jump to conclusions - we have many scammers faking chats and using names that do not belong to them - I have also been victim of this (once -hopefully never again!) (Phil)\n\n4 - Is the marketing going to be more aggressive? I think Aergo is quite unknown outside Korea.\n> The marketing will be more focused - we have identified certain markets to target outside of Korea in 2019 - like China/parts of southeast Asia and Europe.\n\n5 - Will you consider a token buyback to support the price? If no buyback, token burn, or other similar mechanism is in the cards?\n> We will leave any decision on potential token buyback to our treasury team.\n\n6 - Hello Dear Phil, When will start active work with ambassadors? Best regards, Dobrodel\n> Hi Dobrodel - next week - I am sending a message to ten ambassadors later this week to kickstart a new regular communication and engagement program - thanks for asking btw!\n\n7 - Is it true Aergo is running out of money? How much runway do you have?\n> No this is NOT true...We can estimate that we have enough runway to put us past the end of 2020 at this current point in time. Just want to go back to the question on roadmap to provide more color...\n\n> We are looking to ship our Mainnet by the end of Q1, but it may take to perhaps the first month of Q2. It is difficult to exactly time any software project, especially one as complex as we are pushing out. We will definitely try to do it as soon as possible yet also inform our community about any precise changes in a timely fashion. We’re also planning on throwing a wonderful launch party as well as some other fun online and offline events for our Mainnet launch....pls stay tuned!\n\n8 - Hello Phil. Always thanks for your good job. 👍👍👍 I am curious that Is there additional partnerships excluding already said with Blocko. Sorry for my lack of English. Thanks in advance to your kind reply.\n\n> Yes -we do have more partnership in development...two things to be aware of....we are focusing on fewer and more impactful partnerships and customers...and we can only talk about them when the time is right (and agreed with each partner)...you will see the first large partnership soon 😊\n\n> One thing we strongly believe this industry need is \"proof\" so we are working on exactly this with real customers/partners and real business problems they want to solve with Aergo...less PoC and more PoBV (proof of business value!!)\n\n9 - Hello Phil. Does the Aergo team plan to organize and conduct meetups for developers? Best regards, Sergii.\n> Hello Sergii - yes, in fact, this one of our most important tasks this year (and where our ambassadors can help and play a part)...we are going to announce DevDrop soon 😊\n\n10 - Hi Phil, Are there any suspicions on who had created those FUD pieces and the motives? What mechanisms are in place beside these transparency talks (which are amazing) will you have in place? As things can come in a breeze.\n\n> We don't want to speculate but yes we have a good (validated) view of where some of the FUD has come from - our approach is to rise above this and other FAKE news and focus on execution execution execution - if there are concerns we want to hear them and address them openly - our QPU will be a regular process from here and used to catch and address such concerns - we believe in openness and transparency!\n\n> How did we do with our transparency and openness approach with the QPU report and medium articles Tyler and rest of the community if you have had a chance to read these? If not please do read them and provide feedback - we want to continuously improve here.\n\n11 - Please save money for development rather than throwing  wonderful launch parties 🙏\nSame goes for AERGO tour in my opinion, tho I would love to meet in Kiev, but better save money for the project, than traveling. Funding for only two-three years (\"past end of 2020\") is a bit frightening.\n\n> Yes you are right - we will do these things but be more selective and economical. (Phil)\n\n> Thanks!! (Hunyoung Park)\n\n> Great suggestion. One thing I would add to Phil's answer here is that by that time the AERGO network could potentially have attracted significant clientele base that brings in significant revenue. In other words, by that time the development and initial phases will be over; it will be all about building a strong business which could potentially support the AERGO Organization's ongoing efforts in growing the AERGO developer ecosystem. I'm sure you've read and heard about our open-source mantra. We are looking to build a self-sufficient developer ecosystem around AERGO. Akin to that with Linux had, or perhaps which now Bitcoin has, we want the AERGO technology to see use from so many developers that it could live on. This is just one thing to keep in mind. The team is here for the long-run. Thanks for your very kind and thoughtful statement. (Kyle, Community Management team)\n\n12 - Hello Sir Phil! Thank you for a very friendly attitude towards the community !!! It is a rarity. How much a bear market delays the work of your team on the development of the Aergo ecosystem and the emergence of new partners? In this regard, probably there are problems with the access of tokens to large stock exchanges?\n\n> Hi Albert - our development and execution roadmap is actually completely not affected by the bear market - in fact having a lean budget helps with focus and prioritization - the market for Aergo will develop over time - just like I saw when I was at Red Hat and Vmware and Novell and SuSe Linux...it takes time to build things that work at scale...our plans are built to a support a 2-3 year \"prove it\"model.\n\n13 - Many people are concerned that the value of the token is going to be unstable, regarding the fact, that many tokens are not released yet. How do you plan to address this problem?\n\n> We are carefully monitoring this and will have a plan of attack to address this. Our release plan is gradual and steady to help with this fact...we will try our very best here\n\n14 - Is there any business model around the Aergo system for investors/holders to make active/passive/potential income by holding Aergo tokens/coins APART FROM PRICE INCREASE DUE TO SPECULATION AND PROGRESS OF THE PROJECT OR MARKET FORCES.\n> We have a detailed token economics model that is being tested with early and friendly partner and customers...we will publish the results once we have a great long term valuable and sustainable model for all token holders...especially the  ones that 1. deliver services in the ecosystem 2. stake tokens to become part of the network and 3. provide the needed hosting services for side chains in a hybrid deployment...this needs a bit more time but will be ready before our Mainnet launch (we think!)\n\n15 - I got a chance to take a good look but it [it - Quarterly Project Update] was rather lengthy but structured. It's necessary.\nPerhaps when something happens, an early mention that you guys have noticed what's happening and are preparing a response would keep the community calm on your take!\n\n> Good point but we have to balance the need to keep our eyes on the project execution vs. dealing with rumors and fud - questions and concerns that are asked in an open and transparent manner and backed with some validated fact will get responded to very quickly - the rest will simply either be ignored or dealt with when they are worth addressing.\n\n16 - Is there very certain estimate on Mainnet?\n> End of 1Q or early 2Q - see response above about why this takes time.\n> Engineers are more focused on building stable main network, we need security, stability, and strategy for token swap. We will release more info soon. (Hunyoung Park)\n\n17 - Will Aergo be looking at working with Government projects, or are you more looking at private business?\n> We are already working with two of the top 20 governments in the world!..and a few very large customers and partners.\n\n18 - Are there any updates on the reward drop token release?\n> Remaining RewarDrop tokens will be released within 30 days of the first release which was on December 27/28. That's when the remaining 50% of tokens for those who did not claim tokens on Korbit will be released yet did share our \"AERGO: Powered by Blocko\" video. If they didn't share the video, they're getting 100% of their tokens at the next distribution date. (Kyle, Community Management team).\n\n19 - Why didn't Aergo list on Huobi, I thought you won the competition?\n> We actually cannot acknowledge or address private matters like this. However, we can say that we make sure we conduct all commercial matters in a professional manner and will always refuse to do anything illegal or potentially harmful for the future of the project...if we find a partner who does not have the same sense of compliance we move on to others that do.\n\n20 - Any news about new exchange and partnership in q1, any announcement?\n> We don't like to answer questions like this because we prefer to \"do\" rather than \"say we will\". That being said, we’ve heard the community feedback about our initial exchange listings. We are fully aware of the landscape when it comes to cryptocurrency exchanges, which ones are the major ones and what the community wants to see. We have a sophisticated, multi-stage plan for matters like this. We have formed very strong relationships with many of our investors and key advisors who will give us the firepower we need to execute on our plan.\n\n> Ensuring liquidity in accessing tokens is naturally vital for a truly sufficient decentralized network that is powered by a sophisticated token economic model. We know where we want to be and plan to ensure the very best for all of our key stakeholder groups in the coming months.\n\n21 - You have indicated that you are looking to expand your marketing efforts to Europe…could you be more precise in which countries you are focusing on? \n\n> Thanks Serge - our main target countries are UK and Germany but we are in discusions about projects in other countries - it is hard to be to prescriptive about this - why UK and Germany (we have local people and many large potential clients and partners)...but we will be flexible here as well.\n\n22 - Any announcement about that these new. partners????\n> yes soon...😊\n\n23 - Hi Sir! Happy new year to you, Hunyoung and the rest of the team.\n\nDo you know that some details in the AERGO QPU  LEGALLY is not supposed to be shared with the community and the public?? No Gigantic Project have ever dropped a tokensale Use of Proceeds as detailed and very very deep like you did.\n\nWhat were your thoughts? Why choose those actions, sir?\n\n> We have been very carefull with the information we have shared - we wanted to balance the need for transparency and accountability but match these with commercial sensitivity and compliance...we will adjust our approach accordingly and will try to lead the industry with transparency.\n\n24 - Didn't OK Blockchain Capital invest in Aergo very early on? Why are they gone from the website's list of investors. OK blockchain capital is part of OKEX.\n\n> Don't know the answer here - let the team revert to you - we don't show all of our investors as there are simply too many to list perhaps!\n\n25 - BTW the qpu [Quarterly Project Update] is really well written!!\n> Thx cronix K - Kudos to the team who helped me put this together!!\n> let me re-iterate something very very important to all our community about the information in the QPU...\n> please read and be aware of the following statement at the beginning of the report:\n\n> Note to readers: The Report is provided purely for information purposes and does not constitute an offer to sell, or a solicitation to buy any AERGO tokens, coins, or other services.\n\n> Readers should not construe the contents of this Report as financial or investment advice and should not rely upon this Report for the purposes of buying, selling, or holding AERGO tokens or coins or for any other purpose.\n\n> The Report may include predictions, estimates, or other information that might be considered forward-looking. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. Aergo Limited (the “AERGO Organization”), a non-profit organization established in Hong Kong that stewards the AERGO project, does not undertake and specifically declines any obligation to update such information or statements, or to publicly announce the results of any revisions to any such information or statements.\n\n> The unaudited financial information provided in this Report has been prepared by AERGO and does not include complete financial statements. The financial information provided may not comply with applicable accounting standards.\n\n> All figures in this Report are denominated in U.S. Dollars unless otherwise stated.\n\n> Blocko Inc. (\"Blocko\"), a private blockchain services company based in Seoul, South Korea, was engaged by AERGO to act as an advisor to support strategic planning and defining of the organization's transparency mandate. The AERGO Organization prepared this Report with strategic guidance from Blocko, and per audit regulations, does not constitute a review of or attestation to the financial data.\n\n26 - Is this the Aergo team wallet? 0x0E00Ca66f8717428bd0588425296313516785A29\n> We have multiple wallets...team will comment on your question\n\n27 - Is it true that the team will receive tokens at a faster rate than private sale investors?\n> This question has been asked a few times so let me provide a detailed response here..\n\n> The tokens for the foundation team vest over about one to three years fully...while the private token sale contributor tokens vest over one year. Our team is actually very busy executing on our plans and have not yet had time to claim said tokens. We don’t plan to sell these if or when we do claim them because we are here for the long run....you can either believe us or not but we are truly being genuine here!\n\n28 - Hi Phil, question, is the team planning for a live demo session about the platform and its capabilities to show to the community how the customers will utilize AERGO?\n\n> Yea all part of our community outreach plans for 2019 - they start in early Feb...watch this space! (Phil)\n> If you've got any more suggestions in mind like this, we'd love to hear them! (Kyle)\n> We have a plan to create materials youtube video clip for tutorials. (Hunyoung Park)\n\n29 - On FBG, why did they sell off all their token? is true right?\n> This is a difficult question to answer as we don't know exactly what any of our investors may (or may not!) do privately...the allocation for any and all private sale participants is indeed locked, and no token purchasers were given special treatment. As disclosed, the maximum discount given to anybody in the sale was 20%.\n\n> We can confirm that any rumors of certain parties being given better terms than others are nothing more than rumors. We can also confirm that no market-related services were purchased from private sale participants, as we look to reduce risks around conflicts of interest to ensure the safety of all of our stakeholders.\n\n> For private token sale purchasers, only 10% of tokens were released. No more of these tokens will be released until the end of Q1 2019. Because the tokens are currently locked, there is no way for them to sell anyone to sell those tokens. Currently, the number of tokens circulating is 34,798,968 (however, not all tokens have been claimed by token recipients yet, so the actual number is 24,808,925).\n\n> We can’t speak for specific token holders for obvious confidentiality agreements. Such matters would never be revealed by any professional team. However, we do hope that this answers your question...I would encourage everyone to read this response as it provides a lot of detail and facts!!!\n\n30 - I have one more question: How do you feel that all of your big investors sold OTC before token release?\nThanks in advance!\n\n> Another tough question but let me try to provide more color here...\n> We don’t allow for these trades to happen as they are against our agreement signed with private token sale contributors...Aergo has, however, not received any sufficient evidence to be able to take action against parties that broke our agreement of pre-TGE trading....we can confirm however that just 10% of private token sale purchaser tokens are released, so most contributors have been unable to sell their positions.\n\n31 - Good day Phil, since Aergo will be initially Interoperable with Ethereum.  Will the Crosschain feature be available only to developers or to everyone?\n> Any users can use asset bridge feature finally with their wallets. (Hunyoung Park)\n\n32 - Are you going to label Aergo wallets owned by the team? Total Transparency and clarity for the community.\n> There is only so far where transparency can and should go...we will do our best to be as transparent as is possible...for example revealing individual token holdings is like revealing everyone's salary...in some countries, this is done in others its illegal.\n\n33 - When can we expect Aergo to be listed on better exchanges?\n> Let me answer this again...we don't like to answer questions like this because we prefer to \"do\" rather than \"say we will\". That being said, we’ve heard the community feedback about our initial exchange listings. We are fully aware of the landscape when it comes to cryptocurrency exchanges, which ones are the major ones and what the community wants to see. We have a sophisticated, multi-stage plan for matters like this. We have formed very strong relationships with many of our investors and key advisors who will give us the firepower we need to execute on our plan. \n\n>Ensuring liquidity in accessing tokens is naturally vital for a truly sufficient decentralized network that is powered by a sophisticated token economic model. We know where we want to be and plan to ensure the very best for all of our key stakeholder groups in the coming months.\n\n34 - Are u guys gonna have more influencers to talk with u? like AMA outside from here?\n> We may do video AMAs soon - if the community wants this and you don't mind listening to an ugly old man talk!\n\n35 - Why do you always post news on Blocko when a lot of it does not affect Aergo? Sure they are your parent company. But it's clear not all clients will use Aergo. As per your last update, only one client has signed up to use Aergo.\n\n> Another excellent question that needs a detailed response...\n> We do like to share news on both Blocko and AERGO because both are in effect two sides of the same coin. We can see AERGO as the foundational steward of the AERGO project and Blocko as the actual commercial services arm and technical development body that builds and uses the technology in the mass market. The AERGO Organization is not-for-profit while Blocko is for-profit. Any partnership and a new client for Blocko is almost directly a benefit to AERGO, due to the tight-knit relationship the two have. \n\n>Blocko will slowly base any and all of its business deals on AERGO, which is why any deal Blocko secures is absolutely relevant to AERGO. This is why we share news on Blocko. We will be sharing lots of exciting news for AERGO as well this year, including deals Blocko is securing for large-scale implementations on AERGO; partnerships that AERGO secures or has secured; as well as significant ecosystem developments around developers, hosting/technology partners, and more. Thanks for your question.\n\n>A lot of the core technology behind AERGO is actually being built and produced by the Blocko team; with Blocko 'investing' its technical resources into the future of AERGO, where its implementations are far more effective and save much more money for clients than Coinstack currently does. We recently, in our newly released QPU, just explained an expansion to the business agreement between Blocko and AERGO. This means that Blocko is now not only our strategic technology partner but also a close partner for business development purposes in a refreshed multi-year contract.\n\n36 - You mentioned that the team's tokens are vested between 1 and 3 years. That implies that it's impossible to claim them yet. Even if the team wasn't too busy executing.\nOr are some the team's tokens unlocked already?\n\n> Yes some tokens get released at specific milestones...for example performance related tokens for some staff on specific hi-importance tasks.... the vast majority of tokens vest longer term.\n\n37 - Will you list on a big exchange? No more Kucoin, please.\n> We actually have very strong relationships with many of our major stakeholders including institutional contributors and advisors. We plan to utilize these relationships to add firepower to our sophisticated multi-phase plan on this matter...many exchanges have approached Aergo for them to list our token...we don't want to comment beyond this for now.\n\n38 - Is IBM still your biggest competitor?\n> One of a growing list...Amazon...Huawei...Microsoft...all fomidable companies...\" their strength is the size and scale...their weakness is the size and scale\"!!\n\n39 - Why you take so long to reply FUD posts? What are you hiding?\n> See my earlier response above - we will NOT always reply to FUD as we have a real project and tech to deliver 😊(Phil)\n\n> Also, addressing some questions requires legal and financial consultation or approval. Especially some of the concerns that we've addressed in recent. The time costs of some of these consultations are not inexpensive.  In the future, please remain patient with us when you do express future concerns. (Kyle, Community Management team)\n\n40 - If milestones have been met, you must be happy with how the project is doing all around and see merit in giving performance related tokens.\n> Yes we are very happy...not everything went to plan but the team did an amazing job...especially the Blocko engineering team - simply brilliant!!...we always pay for good performance!\n\n41 - If you were so against OTC sellers in public why did you create a OTC desk secretly?\n> this is also a good question...let me provide more color...\n\n> The sole purpose of the OTC desk was to prevent unauthorized, unregulated, and potentially fraudulent exchanges from taking place....the OTC desk was being created to prevent that....however, we did not, in the end, need to do this as not a single trade was executed...Please see the pinned message for a link to the article explaining this further.\n\n42 - How big is the team across the different regions Australia, UK, South Korea?. Can you reveal what discussions or potential partnerships are in the works? If not how is the relationship with blocko being used in Australia and the UK where Blocko's enterprise presence isn't as strong?\n\n> We provide details about our operations in the QPU...we cannot be in every country and want to grow in a carefully planned and orchestrated manner...the QPU explains this...many projects hired too fast and expanded without a plan...just look around at the news...how many are reporting what we are reporting in the QPU...we call it the \"5 P\" model - be nimble - move fast - focus focus focus and don't spend too much cash!!!...just take a minute and look back on our joint achievements during 2018...in 10 months the team delivered so much and on plan...and yes we only had 9 people outside of engineering to cover EVERYTHING - I am very proud of what the joint Aergo and Blokco team has achieved - kudos! - now I want more!!!!\n\n43 - What is the current stage of development of Aergo Man? And are there any other dApps building on top of Aergo simultaneously with Aergo Man? Maybe dApps from the future clients? Thanks for the AMA, Phil!\n\n> Testnet launched end of 2018. Mainnet will have more feature definately, but most important thing is stability. so we are testing in testnet hardly. (Hunyoung Park)\n\n44 - Was FBG given unlocked tokens from the start?\n> We did address speculations like this in the AMA. No one was given preferential terms, and only 10% of tokens for private sale contributors was released.\n\nI would like to now close by thanking everyone for participating in the AMA and asking great questions. We believe AERGO will become one of the most important projects in blockchain in the coming year. We know many of you are AERGO token holders or enthusiasts. If you want to help us on our mission then please reach out to us on Telegram or via our website. We want to make this project a success for everyone involve. Bye for now and I hope everyone of you has a happy - healthy - and prosperous 2019! until me AMA again...Pz.",
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      "body": "Aergo has been moving way too fast achieving their goals. Last week they run a promotion which ended very-well and the rewards were distributed yesterday (https://www.reddit.com/r/kucoin/comments/a9wnv4/aergo_campaign_rewards_distributed/), few days ago after the event has ended. For sure, there's much more to look forward for AERGO and a lot of good things which we haven't seen yet",
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      "body": "I can see that aergo team's are really exerting their efforts to improved and developed more of they technology that's why I participated with your trading promotion on kucoin https://www.kucoin.com/#/rank/AERGO",
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      "body": "You're welcome :)",
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      "body": "many thx, I'm was busy and could not attend the AMA today",
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      "title": "AMA with Phil Zamani, CEO of AERGO Project. 12/21/2018",
      "body": "On the 21st of December 2018, the community of AERGO had an AMA with Phil Zamani, the CEO of the project. The list of the Q&A is below:\n\n1 - Hello Phil, there is a lot of speculations about circulating supply. Please clarify the amount of unlocked tokens at the moment. It is far more than 10% of private + drop. People are afraid of investing because of this unclear situation.\n\n> Hi all the info you and the community needs are detailed in a very comprehensive transparency report I just published above on Medium. (Phil)\n\n2 - Why enterprise that will use AERGO need to have tokens, what is its use?\n> We talked this many times, our BM is not just providing private changes, but also integrated with Aergo main network, They need AERGO for new token business. (Hunyoung Park)\n\n3 - How many tokens required to be a validator on AERGO DPOS\n> In Testnet, 1 AERGO is enough to stake and to vote. (Hunyoung Park)\n\n4 - Will AERGO have user-friendly wallet addresses?\n> You mean named account?? yes! you can find it in Github. we will release the article. (Hunyoung Park)\n\n5 - Hello Phil! How can you describe the behaviour of private sales investors as they are selling now much cheaper then tokens were sold to them? Do you think that they are spoiling the projects as they are not showing that they are strategic investors?\n\n> Its a free world (mostly) - purchasers have to make their own decisions and judgement...we think our token has performed to plan and well give the very bad state of the markets. (Phil)\n\n6 - Will you update the current circulating supply to CMC? This way more investors will want to invest in the project?\n> yes - in progress.. (Phil)\n\n7 - Why enterprise that will use AERGO need to have tokens, what is its use?\n> Please see answers to this question in previous AMA - its the \"gas\" that drives everything in and around AERGO (Phil)\n\n8 - Hello, Phil. I fulfilled all the conditions: I shared a video, passed KYC on Korbit, fill and sent a Google form December 18, but did not receive a Rewardrop on the Korbit exchange. I want to know why? And my second question. Why did you determine the value of the token for a reward of $0.28, if perhaps it will never cost so much? Wouldn't it have been more honest to promise the amount of remuneration several times less, but to distribute at the current price?\n\n> 1st question - don't know sorry - 2nd - the model is based in the then current value of the project based on industry norms - we cannot set a price for a future value of a token in any program. (Phil)\n\n9 - Is it easy to create a new token under AERGO, like in Ethereum/EOS?\n> Yes, we provided token contracts like ERC20 and more. (Hunyoung Park)\n\n10 - 1. Do you have more listing scheduled on international exchanges in near future, maybe you can provide more insights than an article? 2. People got 100% of drop on Korbit, that was intended? Was that bonus?\n\n> Hi Dima - we are very very careful not to release commercially sensitive information - as you know we try to be \"well above the norm\" when it comes to trust, transparency and openness - but also confidentiality - yes we have a solid plan to list on more exchanges soon! (Phil)\n\n> 2. Expect some +ve surprises from Aergo every now and then (some planned - some not 😉 (Phil)\n\n11 - How many tokens required to be a validator on AERGO DPOS?\n> Not yet defined (in detail) - release more info in January. (Phil)\n\n12 - Phil, thank you for providing the article regarding planned token releases.  If it sticks around this model, Aergo seems like a very solid investment.  Hopefully, CMC gets updated relatively soon so that the lazy don’t need to do any math to see it is currently a great buy.\n\n> Thanks CJJ! (Phil)\n\n13 - The surprise on early Rewardrop release on Korbit of 100% was awesome! Is there any slight chance of incentives for people holding till 28th-29th?\n> Only if these programs are already in place on the exchanges...sorry (Phil)\n\n14 - Hi Phil, when will the Testnet be released?\n> Very soon, you can see it at most end of this year! (Hunyoung Park)\n\n15 - Are you planning for global meetup/event, similar to Wanchain event in London? that will be great to build community and get their confidence in AERGO.\n\n> Yes - AWT - Aergo World Tour starts in South Korea and Europe in January - more soon!!! (Phil)\n\n16 - I know there is still chance for failed KYC on AERGO RewarDrop, right? when it will be?\n> We have to move on from all KYC issues...sorry....we tried extra hard. (Phil)\n\n17 - Is AERGO code has been audited by the third party?\n> Not yet, But there are some partner candidates who want to review. so not now, but maybe in Mainnet? (Hunyoung Park)\n\n18 - Are BPs will be paid with AERGO tokens?\n> We have a very interesting and exciting model for BPS and cloud hosting providers - we are finalizing the details and will share the model in early 1Q2019. (Phil)\n\n- Great, hope it will avoid BPs producing blocks at lost, like what is happening in EOS..\n\n> No we think our model is built to last and built to promote positive and long-standing relationships that add value to all involved. (Phil)\n\n19 - My friend accidentally sent 473 AERGO to Aergo smart contract instead of sending to his other wallet. Can we get back those tokens of providing proper proof of transaction?\n> probably not - sorry. (Phil).\n> Sorry, ERC20 basic token contract can’t refund tokens in that kind of accident. (Hunyoung Park)\n\n20 - If people break out the figures shown, this price is extremely low.  Estimated market cap at the moment is around 7-10 million.  Top 50-100 on CMC average a cap of 60 million, and most of those projects are useless with zero use and partners 👍👍\n\n> We don't pay too much attention to this believe it or not - more focused on 1. delivering the tech 2. signing up new early clients and 3. building out the ecosystem - everything will follow from these...so it is about execution...execution...execution from hereon. (Phil)\n\n- I agree, Phil.  I think most are still nervous about ICOs.  If you guys stick to the roadmap, it’s clear that Aergo is focusing on the product.  People are forgetting there have been projects out for 1-2 years with no main net, no partners, no use with $100 million+ caps.  Aergo launched 4 days ago and the main net is 4-8 months out?  Not terrible\n\n> Thanks - we agree 100%. (Phil)\n\n\n//////\n\nHunyoung Park: In Aergoscan, you can see 20000 tps. It’s not exactly TPS, but peak TXs in a block, You can get a sense of the performance. we are still working on it!\n\n![photo_2018-12-21_10-27-29.jpg](https://cdn.steemitimages.com/DQmWSxW6HJjN3hRWFCnxBKYjp9jzDv5ZLjsuHeWbkWhtvTC/photo_2018-12-21_10-27-29.jpg)\n\n/////\n\n\n21 - Any news on Captain.Aergo?\n> WIP...we want to go quiet on this for a while and until we are ready to share some great news here! (Phil)\n\n22 - Are Aergo tokens pre-mined? Does it involve transaction fees?\n> There is no mining. Pre-allocation of entire amounts. (Hunyoung Park).\n\n23 - Can new Applicants be allowed to do their KYC in the second Rewardrop?\n> all new programs will be open to everybody and anyone - but they must read the rules and be eligible to participate. (Phil)\n\n24 - Where do fees on AERGO go?\n> Reward of BPs basically, but we are planning the reward to voters also. (Hunyoung Park)\n\n- This is good. Can anyone with Aergo tokens be a Voter?\n\n> Yes, We will start experiments on Testnet next year about DAO system for Fee protocol. (Hunyoung Park)\n\n25 - When is RewarDrop 2?\n> We are calling our exchange listing programs ExchangeDrop (aka 2nd program) - we are working on two more for 1Q2019...more details then. (Phil)\n\n26 - Will there be specific contests soon aside from trading competition?\n> Don't think so - sorry fellowsheep. (Phil)\n\n27 - Hey, guys. It's almost 4 a.m. in Colombia, so I have to sleep. Later I'll catch up with this AMA, but I want to congratulate you for the efforts you've made from every field. This is a very special project and has a lot of potentials, thank you very much.\n\n> Sleep well...dream even better! (Phil)\n\n28 - Hi Phil and Hunyoung, thank you for all you're doing for the community and the project. Merry Christmas to you! Have a great weekend!\n> Thanks Konstantin - it is because of people and members like you we love our AMAs and our communities - have a great one!\n\n29 - Phil what will be the possible use cases immediately after Mainnet?\n\n> Many - we will try to summarize these when we \"go live. (Phil)\n\n30 - Any masternodes or staking? Sorry if asked before.\n> Yes, Not masternode concept here. Staking for voting is allowed. (Hunyoung Park)\n\n31 - Hello, we are IDAX Exchange from Mongolia, who can discuss the cooperation with the list exchange with me?\n> pls write to us - we have many exchanges interested so want to give everyone a chance to talk with us [email protected]. (Phil)\n\n32 - How long does it take to unstake AERGO tokens?\n> We are experimenting this, in Testnet, you can unstake in 3 days. (Hunyoung Park).\n\n33 - @PhIl are existing BLOCKO project going to migrate on AERGO after Mainnet?\n> Yes the ones that decide to - Aergo is the future for all Blokco clients!!! many discussions underway. (Phil)\n\n34 - Is there a minimum threshold number of AERGO to vote?\n> It will be determined by protocol and DAO. (Hunyoung Park)\n\n35 - Any new partnerships you can let us in on? ;)\n> No but we are discussing a few very large transactions that need to be finalized and approved before we can talk at all about these 😊(Phil)\n\n36 - Is CoinStack also DPOS?\n> Coinstack uses a kind of POA (we call it Leader-based POA). and Aergo will provide it for private circumstances. (Hunyoung Park)\n\n37 - What's the size of the team now?? A lot of projects are cutting off developers and AERGO is hiring more??\nCan the team manage a large team with the present market downtrend?\n\n> We are carefully watching our cash burn (this does not apply to developers!!!) - we are ready - well setup - well funded and well backed (that's all I can say for now...!). (Phil)\n\n38 - Is AERGO code original from scratch?\n> Yep, we suffered from using existing open-source chain. so we built it from scratch. (Hunyoung Park)\n\n39 - Why is Aergo Nonprofit? Sorry if this has been asked before.\n> in line with our open source model - open licensing - supporting developers across the world - pls read my medium article on Linux and Blockchain - may help you (or perhaps send you to sleep!!) (Phil)\n\n40 - Are you open on being listed on lesser known exchanges?\n> Brand recognition is important but we have a well-balanced scorecard model for picking exchanges - so even newer/lesser known ones can have a chance to work with us (it is also an honor to be wanted!). (Phil)\n\n41 - Hi, Phil! When will we, as project ambassadors, be able to actively start interacting with the team and solve task?\n> Hello Dobrode - I will pick this up personally in very early January - we got distracted with the exchange listing project as that turned out to be very very complex - but ultimately we delivered 100% of what we planned. (Phil)\n\n42 - Do you plan to have more rounds of investing?\n> No we don't plan or need this. (Phil).\n\n43 - @philzamani, a reminder pls, most of us came a week to the end of the Rewardrop in October and missed out on the ambassador position but we have been active and supported the community in our best ways Is there any way to be an AERGO ambassador OFFICIALLY??  Am getting jealous😢 I deserve to serve what I believe in(AERGO)\n\n> Yes - we will look into this again in early January - I want more quality ambassadors - not less! (Phil)\n\n44 - I thought max supply was 1.5 billion coins and not 500million.\n> Wrong telegram channel Killovation - good luck 😊\n\n45 - what is ExchangeDrop?\n> Its the allocation of Aergo Tokens to our partner exchanges to run competitions to promote good work and support of Aergo on their exchange - open to the existing community and anyone else for that matter! (Phil)\n\n- I thought it would be better to reward holders, a strong part of the community, those people who are not going to get their tokens fast, so they can (obviously) sell them.\n\n> Difficult to comment here - all I can say the topic is complex - we are trying our best (but may get this wrong sometimes...):-😞(Phil)\n\n46 - Will you be applying on crypto-to-crypto direct to wallet exchanges like Changelly / ShapeShift?\n> Not now, but we are open for any kind of good ideas. 🙂(Hunyoung Park).\n\n47 - No project is perfect, there is certainly one or two hindrance or barriers the team or the project is facing! In term's of our favorite AERGO Project, what's the main hindrance and setback the team or project is having currently? A 'NO hindrance' answer is not really an answer cos NO project is perfect Ok sir if you will like to share with your community, what's the main hindrance on the Aergo project?\n\n> The truth is the overall sentiment with the markets being so low - this distracts people from looking at the positives that are out there - we hope the situation improves but we have a plan of execution that is not connected to market sentiment (or bitcoin/ether price etc...)\n\n48 - What do you assess at this stage of the project as being the biggest issue enterprises have in adopting Aergo blockchain solution, and can this issue be resolved within the existing technical setup of Aergo/enterprise? Have a Merry Xmas and fantastic New Year!\n\n> Hi Serge - the only issue is they can't get their hands on the Mainnet yet (but even here we have some code in the hands of some friendly Korean clients)...come on Hun...code faster!!! (Phil)\n\n49 - Is there support for Ethereum projects switching to AERGO easily?\n> Hun will provide a better answer - but eas of migrating to Aergo is one of the key things we want to offer. (Phil)\n> Good point, I’ll figure out what we can do for switching. (we are providing web3 interface similar SDKs) and we will release a guide for ‘Easy migration from Ethereum to Aergo’! (Hunyoung Park).\n\n50 - How would you explain your key backers dumping their 10% on the so-called \"unofficial\" exchanges like Bilaxy? Tracked some of the early transactions and it looks like the moment the tokens were unlocked the majority of your key backers dumped their bags on the market.\n\n> Can't comment - investors/backers sometimes may have different needs and pressures at end of their financial/calendar years - that (may) have nothing to do with the projects involved! (Phil)\n\n51 - Hi Phil... How Blocko and Aergo partnership exactly works?... Do u guys have to pay some money to Blocko in the form of Aergo tokens if any clients are coming to Aergo Platform??.. Could you please explain how exactly works\n\n> Hi Siddu25 - Blocko cover most of its own costs - Aergo supplements that with cash payments to Blocko for specific and well defined work packages...like \"deliver Testnet by end of December 2018 to specxxxx\", \"deliver Mainnet by XXX with spec zzzz\", do \"X for Y\"etc - all done at an arms length contractual level (so very formal and auditable arrangements).\n\n52 - Good day, Phil! Few people said that they got bonuses, as you mentioned \"surprise\". My question is - Why did you decide to give bonuses to \"flippers\"?  It is a very strange decision.\n\n> We cannot identify long-term holders from flippers - we could have locked all Rewardrop tokens for 1-2 years - but we deiced to trust our community (good actors and bad actors are all being monitored by CVAT - remember CVAT ). (Phil)\n\n53 - @philzamani what do you think of Korea's cryptocurrency regulation at the moment, and how do you see it being in 12 months from now. Do you think the Korean government will be continuously supportive of Blocko and Aergo?\n\n> Yes and yes (things progressing fast...watch out for news in 2019). (Phil)\n\n54 - I hope you will add \"App ideas\" group on Discord...\n> We will figure out how we can support this idea. (Hunyoung Park)\n\n55 - When Binance is what we all wanna know?\n> Talk to them! (Phil)\n\n56 - Will there be proposal voting on Mainnet?\n> Definitely, It’s the main idea for managing Mainnet. (Hunyoung Park)\n\n- Who can make proposals anyway?\n\n> We are designing DAO system. you will know soon. (Hunyoung Park)\n\n57 - Hi Phil.... do u guys have plans to offer Staking or any master/supernode concepts once it goes to Mainnet???\n> Staking yes - more in early 1Q2019 on our detailed model. (Phil)\n\n58 - Please take into consideration that some people are ''working'' for Aergo behind the scenes in promoting the project to their network of blockchain investors and spend their efforts in this direction, rather than being active on telegram in endless price discussions! :)\n\n> Yes Serge and we are very very grateful for these efforts - please make direct contact with the team as we want to do more to help - support and reward people like you in the future!!! (Phil)\n\n59 - Hi Phil, will 100% of the tokens be sent to the Rewardrop wallets on 28th or how will that entail?\n> Not yet finalized (we are still working on many things over the next week - skeleton team but working...) (Phil)\n\n60 - Hi Phil... is there any plans to Establish offices in North America/Australia/India etc.. And also I see Some other Korean projects like ICON and Fantom are in good shape. Especially Fantom had Billon Dollar partnerships recently. How did you do differently to overcome this Competition?... Are any partnerships are in pipeline directly on Aergo Network(Not on Blocko)?\n\n> We don't compete with either of these projects - we compete with IBM, Amazon and now Google...we have many partnerships...we just don't shout about them (too early) ..we also have real production deployments with our partner Blocko...deployments anyone else?? (Phil)\n\n> We have specific target markets identified for 2019 - Korea - China-Southeast Asia - Europe (to begin with...) (Phil)\n\n\n62 - Somebody sent a photo in the chat of boxes full of Aergo's merchandise. Is there any way to purchase it? With my Aergo token, of course :)\n\n> lets check - why buy? become an ambassador (know you already are 😊 ) (Phil)\n\n63 - Is the token metric distribution subjected to \"change\" or it has been finalized????\n\n> Some of these things may change but we don't think hardly at all - its a complex thing - we spent a lot of time designing this before we felt comfortable releasing... (Phil)\n\n64 - How can we be sure that you are real Phil, not his assistant for example?\n> Zoom call now? (Phil)\n\n65 - Hey Phil, when Rewardrop tokens for those who didn't want to reg on Korbit?\n> See postings on this earlier for accurate details... (Phil)",
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      "permlink": "re-maxferber-ama-with-phil-zamani-ceo-of-aergo-project-12-13-2018",
      "title": "Possible wrong mentions found",
      "body": "Hi @maxferber, I'm @checky ! While checking the mentions made in this post I noticed that @philzamani doesn't exist on Steem. Did you mean to write #philzamani ?\n\n###### If you found this comment useful, consider upvoting it to help keep this bot running. You can see a list of all available commands by replying with `!help`.",
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> Answer from the community: I don't think so, <strong>@<em></em>philzamani</strong> - can you throw some light?\\n> 
> >Team will supply more info soon.\\n> \\n> 26 - Dear Phil!\",\"> has generated its report on community engagement following our info release tomorrow.\\n> \\n> 36 - hi <strong>@<em></em>philzamani</strong>, regarding the video circulating, we have to share the video on all of our verified\",\"> >The more people help - the more they get rewarded - its simple!\\n> \\n> 51 - <strong>@<em></em>philzamani</strong> this is a bit more open-ended question but where do you see yourself in say 5\",\"> - we always have room for oof developers..and UI/UX designers...and enterprise developers....etc...etc...etc
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      "title": "AMA with Phil Zamani, CEO of AERGO Project. 12/13/2018",
      "body": "On the 13th of December 2018, the community of AERGO had an AMA with Phil Zamani, the CEO of the project. The list of the Q&A is below:\n\n1 - Are tokens freely transferable or locked till 17th?\n>Locked - pre-selling or re-selling is not allowed and will result in tokens not being given out.\n\n2 - Is there any other use of AERGO token aside from paying transaction fees? Anything like staking or like EOS network share base on tokens you hold on AERGO?
\n\n>Hi fellowsheep - updates regarding the token engineering specifications are being released by the tech team soon. Please head to our Discord channel for questions and answers about token engineering. (Camron)\n\n3 - No projects listed on Korbit or Gopax immediately…This is a big news...\n>We like Gopax and we like Korbit - they \"get\" our project and \"get\" what we are trying to achieve - we had many many exchanges approach us to list - we have selected the right ones for our project - I am sure of this!\n\n4 - Is there any other use of AERGO token aside from paying transaction fees? Anything like staking or like EOS network share base on tokens you hold on AERGO?\n>Yes we have a full staking model with multiple use cases - we will explain more about this very soon.\n\n5 - 18days to 2019! Is the TestNet coming sir?? On the scale of 1-10, What's the probability that the team will deliver sir??
>We are ahead of schedule. I believe our MAINnet will be released in Q1 2019. The team is working hard and at a fast execution speed
Phil - 11/10 - its already ready (we are just testing everything we ship before we ship anything) - real engineers - real experience - real test cases. (Camron)\n\n6 - Hello Phil. Some weeks ago Aergo participated in the voting for listing on Huobi exchange. But after the end of the competition, Aergo was removed from the list of candidates. The support told me, quote: “the project party retired its vote in Huobi after consulting with us”. Could you tell more about this? Skip the question if this subject is under NDA. Thanks for the AMA!
\n>As stated - we chose where to list (not the other way around) - we are very happy with our selection(s)...more to be released soon.
\n\n7 - You mentioned that you have RedHat Developers inside working for Aergo, how many? How is the development process going?\n>We have one of the strongest teams on the planet...ex Cygnus...Red Hat...Vmware...Suse...Deutsch Telekom expertise.\n\n8 - Hi Phil. Would you be so kind to let me know what will be initial circulating supply upon listing? I need a number of tokens that will be tradable during the first week after listing.\n>We do not disclose this type of confidential business information...its how normal market operate...
 \n\n- Not at all. Every other crypto projects disclose it...
 \n\n> We don't - no reason to if the project follows industry best practices - we do and will continue to do so.\n\n9 - Is the international exchange Korean?
\n> No.\n\n10 - Hi sir I was in top 20 otc detector I didn't win any Rewardrop tokens any chance for me to get tokens and be rewarded for my effort.\n> Hi profitking. I’m afraid we chose only the top10 otc detectives to reward with an aergo tokens. The contribution and participation by the community were amazing and we are very appreciative of all your efforts. Stay tuned for more reward programs coming soon :)!(Camron)\n\n11 - Phil, when will we see news on Captain Aergo? Any release timeframe?\n>We will release more info soon...currently, the project is talking to a cohort of early adopters experienced in this field...we want to get this right!
 (Phil)\n > We will provide updates on Captain AERGO in the near future. For now, here's a sneak peek 😉
(Camron)\n\n12 -  In my opinion, this project is not very special, but very hyped.\n>Everyone is entitled to their opinion...why are you in our community by the way???\n\n13 - I was taking the time to inspect each mention and the comments that followed accordingly. Seems like an interesting way to approach your first couple of listings. Is there a specific reason why you are not listing immediately on a global exchange as you had mentioned? But anyways, my first question is this:
When will the Aergo Token have effective immediate Utility on its platform? Will this be on Mainnet launch Q1 2019 as you had mentioned?\n\n> Yes on MainNet - planned for end 1Q2019/April.\n\n14 - Also your team is big, need to survive in \"Crypto-Winter\"\n> Its snowing in Seoul today...but Aergo is super hot today!!!
\n\n15 - When RewarDrop 2?\n> Its start Monday with a cool competition on Gopax's exchange - see my opening message above.\n\n16 - What would you call your main competitors in the space if there are any?\n> BLOCKO, Aergo’s strategic development, and deployment partner have the second most blockchain in-production deployments after IBM. (Camron)\n\n17 - What other Countries outside of Korea will you mostly focus on as you expand? Will you set up a base anywhere else?
>Aergo is an international project - we are currently looking at expanding and focusing on SouthEast Asia, China, Europe, and f course Korea - but we are already talking to very large prospect clients, partners and dAPP teams around the globe. \n\n18 - It was mentioned that Rewardrops will be distributed through the Korbit exchange? DO we need to sign up an account with them to receive it?\n> Yes - more details to follow soon\n\n19 - Does AERGO also supports cloud storage?
\n> Absolutely - part of our serverless strategy.\n\n20 - Does all operations/transactions of AERGO chain requires a fee?
\n>No\n\n21 - Do you have a presence in Australia?\n>We are planning our Aergo world tour with the objective of heading to 10-15 cities worldwide! Let us know where you’d like us to go :) (Camron)\n\n> Yes, we have just hired a blockchain superstar - more on him (or perhaps her?) later…
(Phil)\n\n22 - You can be proud of your community, you build it well. It is very rare when most people really like the project. Most of us want to get more tokens on the exchange.
\n> Thank you Nuriel and than you broader Aergo community - we really love and appreciate all your efforts and support.\n\n23 - Q - Hello Phil✌️ Congratulations you with great progress. Right now at what task the Aergo team is most focused on? Any information about TestNet? Want to take a part in it. :)
\n> Phil - team is \"heads down\" delivering - we don't tend to talk much - we like coding and hearing from customers!\n\n24 - When ERC20 to MainNet?\n>Scheduled for end of Q1 2019. Subject to change. (Camron)\n\n///////\n\nPhil: I want to take the opportunity to thank the whole Aergo and strategic partner Blocko teams - you are amazing and a joy to work with - your efforts are starting to bear fruits!!!
\n\n///////\n\n25 - Can Europeans trade on those Korean Exchanges? I want to buy more tokens. 
Answer from the community: I don't think so, @philzamani - can you throw some light?\n
>Team will supply more info soon.\n\n26 - Dear Phil! My Twitter account has been blocked. I think the problem is not just me. How do I distribute the video?\n>You can start by viewing it - CVAT is watching you!!\n\n27 - Hi Phil, I still not receive any email regarding KYC result 🙁\n> Hi CryptoChain - KYC/AML application process has closed. (Camron)\n\n
- I know it closed but I still not get the results via email as you said.
\n\n> Please send me a DM and the Aergo team will get back to you regarding this case. Thanks.(Camron)\n\n28 - Do your best practices include dumping on newbies? No person in their right mind would invest in a project without knowing its circulating supply.\n>Terms like dumping and pump-n-dump do not register with Aergo - if you are expecting these on this project - please kindly leave our community now - serious project - serious team - serious market to address - its a long-term game with Aergo (think Linux and Red Hat!).\n\n29 - Does AERGO has the interchain capability? Like communicating with other non-Aergo chains like EOS.
\n> Yes, we will be interoperable with Ethereum chain initially
. (Camron)\n\n30 - Is the team still hiring developers ??
\n> Yes
\n - I hope remote developers are welcome too.
\n> We support remote working for experienced developers (aka the open source way).\n\n31 - Why did you choose Korbit and GOPAX like first exchanges?
\n> Because they are run by professionals who also \"get it\" in respect of Aergo and what we are all about!
\n\n32 - What theoretical network attacks is Aergo vulnerable? And how do you solve these?\n> It is best to direct these deep technical questions to our Discord channel where some of our lead engineers are there to answer these types of questions.(Camron)\n\n33 - Initial supply when did it became classified.\n>Please be respectful and give the community the chance to ask questions - if you do not play fair you will be removed from our community - last warning.\n\n34 - What public DApps will initially launch aside from Captain AERGO?
\n>Further announcements coming :) (Camron)\n\n35 - Will the Rewardrop unlocked immediately?\n
>More info on this next week - once CVAT tool has generated its report on community engagement following our info release tomorrow.\n\n36 - hi @philzamani, regarding the video circulating, we have to share the video on all of our verified media accounts?\n> Hi Max - just try your best - don't worry.\n\n37 - Can you give us any more information about Block Producers? Have any other major producers signed up?
\n>Hi Crypto Architect - yes we are in advanced discussion but do not want to release this info yet - unlike many other projects we have major corporations vying to become block producers - this also means it takes longer to agree to the model and terms of engagement.\n\n38 - Are there any approximate number about tx/s that Aergo network would support? Really curious about this, although this is not really that important.\n> Head to our website and check out Aergo Scan. Regardless, since Aergo has an N-tier sidechain architecture - it has a very high throughput which is not at risk of depreciating like on other chains when networks get congested. (Camron)\n\n39 - That means we just have to share it on youtube or what? [The question is about sharing the video]\n>Phil - that would also work.\n\n40 - Hi, Phil! Is there any chance to see AERGO in Moscow?\n>It’s likely :) (Camron)\n\n41 - What public DApps will initially launch aside from Captain AERGO?
\n> We will announce this in the new year. Closer to the MainNet.\n\n///////\n\nPhil: We will comment in a lot more detail on token information and our token economic model very soon (January)\n\n///////\n\n42 - Has Aergo got any plans for a partnership with current projects in Crypto space? To boost up its smart contract capability, privacy, scalability, Oracle, storage capacity?\n>We have been approached by a number of projects in the past few weeks - everything from \"can you buy us?\" to \"can you help us move off platform xxx and onto Aergo?\"...we support the later!\n\n43 - Hi, Phil! Is there any chance to see AERGO in Moscow?\n>Yes - very soon..and St. Petersburg!\n\n44 - What are the main differences between what AERGO is looking to achieve versus ICON?
\n> Aergo has been designed and built with around the needs of customers. It’s lucky in that it’s key strategic and development partner is Blocko - the leading blockchain infrastructure provider in Korea. There are many differences between us and others from both a technical and commercial standpoint.
 (Camron)\n\n> Are they still around these days?! (Phil)\n\n45 - Hello Phil. Thank you for the good news! Can you please tell me if AERGO competes with Amazon Managed Blockchain? Developers ask me this question. I know that AERGO is the best. What arguments should I look for to prove this to the developers?\n>They are one of our competitors...as is IBM...developers should choose the best platform for their needs (we thins it Aergo for distributed trust-based systems and networks 😊)\n\n46 - 1. Sir, when we will see the list of Cities for you to come? 2. If the bear market will go on for the next 1-2 years, can the project still survive?\n
>We are well funded for the long term - we don't worry too much about the market...we focus on tech development...customers and partners...the rest will take care of itself!\n\n47 - Are you developing your in-house oracle solution, or are you looking for already existing solutions currently available in the industry?\n
>One for the tech team..assume we are looking at various options make-buy-adopt-adapt.\n\n48 - Hi Phil, What do you think are the biggest limitations you are currently facing with scalability at the moment? and how are you overcoming them?
\n> Aergo is approaching the scalability problem via 1. Democratic dPoS powered by very stable and available IT vendors (typically telcos) 2. Parallel processing 3. Side chain N-tier blockchain configuration.\n\n49 - Good day sir! When can we explore token economics paper?\n> Soon to be released.\n\n50 - Hi, sir, do you mean it needs to spread the video link on social media like Twitter to get the reward drop tokens, am I right?\n>The more people help - the more they get rewarded - its simple!\n\n51 - @philzamani this is a bit more open-ended question but where do you see yourself in say 5 years time frame from now with Aergo? Do you see yourself overtaking Hyperledger Fabric easily?
\n\n>We see ourselves as the backbone of new business ecosystems that have the power to create an enormous amount of new value for businesses. For example, today businesses can’t share or capitalize on their data without huge risks. Crypto-network powered applications offer a completely new, more secure architecture and business model to allow this to happen. The opportunities Aergo will embark on will be next level!
 (Camron)\n\n> We don't think Hyperledger will be around in 5 years!
 (Phil)\n\n- Why don't you think they will be around in 5 years? interested to know?\n\n>History in tech does not repeat itself...but it rhymes...perhaps my +30 years of IT experience makes me somewhat biased! (Phil)\n\n52 - Phil any sneak peek on the first couple of clients that will be one board (specifically those Blocko has deployed work/contracts with) that can be shared?
\n>To be announced :) (Camron)\n\n53 - When AERGO's MainNet launches, will the private/public blockchains that BLOCKO has developed be immediately connected?
\n\n>Coinstack will be upwards compatible with Aergo and will offer for many on-ramps to a fully distributed and open architecture for exciting new applications (Camron)\n\n

- This question is probably the most important question since it's the downfall of utility tokens like icon since no one uses and has almost zero transactions on bc because of non-existing private chains or private chains no need to use public chain.\n\n>The team behind Aergo are actual engineers who work in the many companies that will see the most benefit from this new platform...so we have a chance we believe! (Phil).\n\n- thanks, Phil. We believe you will do. I just wonder how long it might take to fully utilize Aergo for private chains/partners to start using Aergo. Since it will help Aergo gain value like crazy.\n\n> We have a plan..its the same plan we used at Cygnus...Red Hat...SuSe and VMware to get early adopters on our platform...more on this soon 😊 (Phil)\n\n54 - \"It’s not about performance or tps, it’s about making a system work end to end and meet the performance and security needs of enterprise customers\", Phil Zamani.\n> Phil: I like your answer Konstantin - could not have said this better myself...oh, I did!\n\n55 - Phil any sneak peek on the first couple of clients that will be one board (specifically those Blocko has deployed work/contracts with) that can be shared?
\n> Phil - soon...we don't like announcing things too early 😉\n\n56 -  I didn't get one thing the Rewardrop will be distributed one week after listing right? so its only 50% release after listing what about other 50??\n>I will do everything I can to release tokens to our community members who have helped us to date - these RewarDrop Tokens were planned to be released late 1Q2019 - I will make this earlier...a lot earlier!...in fact, our community will have better vesting than all other token-holders!\n\n57 - Hello Phill I need to know, do you have the plan to list on the big exchange?
\n>Phil - we don't comment on commercial matters until we are ready to share widely 😉\n\n///////\n\nPhil: We will be announcing soon an extension and even deeper connection between Aergo and Blocko (on the business development and partner ecosystem side)...we are extremely happy with the Blocko team (esp their super cool R&D team and sales teams!)!!!\n\n///////\n\n\n58 - This is more of the personal question! what's driving you in making AERGO one of the world most adopted enterprise blockchain? Is it the Money or been in the front-page of been one of the 1000+ figures that made open-source blockchain what it will be in the future? It's easy to pick option B though lol, but will still take my chances to see option A with reasons!\n> I simply like working on complex - innovative projects - and where I am surrounded by people much more talented than I ever was (or ever will be!!)\n\n59 - You said before about fiat being a payment option, would the token be involved in this process or could fiat be used and rewarded to BP’s without the use of the token.\n> The team is working on the token utility which expands beyond payment. Please wait for more announcements regarding this. :)
 (Camron)\n\n> Just to be 100% clear - the AERGO Token is the main unit of value enablement in Aergo - NOT fiat payments! (Phil)\n\n- So I take it as a yes that fiat can be used without token otherwise it would be a simple case of answering.
\n>Assume the answer is simply NO you cannot use Fiat!
 (Phil)\n\n60 - I'm very much into Aergo's philosophy but Hyperledger is part of the Linux Foundation, they are doing good things in the space..
\n>Yes they are - but I was asked my opinion on their future - I saw a similar story pan out at Red Hat...companies need to fully embrace open source to succeed...just look at the amazing job and turnaround Sayta Nadal is doing at MSFT...they even hired one of my friends and ex SuSe/Novell colleagues to run GitHub @Nat Friedman (probably their next CEO!!).\n\n61 - When will your team  distribute tokens
\n> Soon.\n\n62 - I realize that MainNet has not even launched yet, but is there any plans for hardware wallet integration? If not, will there be a desktop wallet available soon after MainNet?\n
>Tech team will follow up.\n\n63 - A lot of big talk and promises here. A bit sketchy for me.\n> Then you should vote with your feet and leave 😞\n\n64 - Is there a way to give work for open source developers in order to improve the product? Like nOS did.\n
> Yes Yes Yes -please talk to us and our tech team - we always have room for oof developers..and UI/UX designers...and enterprise developers....etc...etc...etc
\n\n65 - Hi @philzamani! How did you manage to make new partnerships? In turn, I thank you and the entire AERGO team for their successful work.
\n>Merci!\n\n66 - My girlfriend has an Aergo tattoo, can she be an Ambassador?\n> hmmmm (one for our HR team!)\n\n67 - How do you think Aergo will prevent Hyperledger from becoming the one and all blockchain solution for enterprises.
>We focus on customers and developers...not competitors.\n\n///////\n\nPhil: Let me finish off again by thanking our ASergo community and our partners...I also want to thank the incredible team we have here at Aergo and of course, our BIG strategic partner Blocko...expect to see a lot more cool stuff and exciting news from Aergo in the coming days...weeks and months...I will conduct one more AMA before Christmas in about a wees time!\n\n///////\n\n\n68 - Are you on Devstamp next week in Korea? KOREA BLOCKCHAIN COMMUNITY DAY
\n>Sorry, in Japan with clients - y team might be though SleepShadow..\n\n69 - Hey will there be any more giveaways😂😂\n>We don't do giveaways - we do \"rewards\"....good quality work pays with Aergo - remember that!!!\n\n70 - So 10% of private sale tokens distributed now and rest at the end of 2019. Did I get it right?
\n> We will provide more details shortly. (Camron)\n\n///////\n\nPhil: We will not comment on commercially sensitive information...such as investor holdings...token lock ups...liquidity...etc..we follow SEC level-type stringent processes and methods...all such questions will simply be ignored...if this does not make you feel comfortable with Aergo then perhaps this is not the kind of project for you...we are a serious project...with a serious market to address...i.e. Aergo is a long term program...for example we are looking at creating an industry first ESCROW process to lock-up our Reserve Tokens so these are only released slowly and over the long term to support our long term ambitions...more information on this very soon 😊 bye for now!\n\n///////",
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      "body": "On the 20th of November 2018, the community of AERGO had an AMA with Phil Zamani, the CEO of the project. The list of the Q&A is below:\n\n1 - Phil, two or three times every week we have amazing AERGO news and announcements. Will be AERGO team make such aggressive and professional marketing all time before mainnet and later?!\n\n>Yes - what you see is just the start - go spread the news Aergo is cooooming out very soon!\n\n2 - Hey, Phil! I hope the technology will evolve depending on the state of the market\n\n>Nothing to with state of the market - we have the strategy - we have the team - we have customers and partners lined up - we have the resources and we have a great partner in Blocko - our execution has zero dependencies on the market - you need to understand this - Aergo is different and its well backed   :-)\n\n3 - Hi, Phil, looks like cryptomarket dead, do you have some opinion if it recovers\n> No idea - my grandmother probably has a better idea (and sadly she is no longer with us!!)\n\n4 - Phil, please explain what is the reason to make TGE one month before mainnet and swap?\n> This is not true. We have not decided on any TGE yet.\n\n5 - Hello Phil! What happens if the Blocko and Aergo lose contact and go in different directions? Is it possible? Is there a plan B for such a case?\n> There is zero chance - as we have signed a multi-year and multi-level partnership that lasts for at least three years!\n\n6 - Block = Argo. The team is the same.\n>Aergo is the future platform for distributed trust at scale...Blocko is the professional support organization that helps and supports people, developers, business and partners to deploy Aergo based use cases...more partners are being lined up as well\n\n7 - Hello Phil.  How are you feeling on this panic sell? Do you hold any of crypto projects?  Are there any projects what you like? And with which ones do you plan to collaborate in the future?\n>The only one I am investing in is Aergo! I hold NO other crypto assets!!!\n\n8 - Hi Phil how to stable price in future market war,  will Aergo stable like blueprint shares like google\n> We don't know but we are investigating some new ideas with some advanced customers - the whole idea of stable coins is perhaps like saying a stable dollar - there is no such thing (really!)\n\n9 - hey Phil, if there will be any passive income in Aergo like owning supernodes or something like that.\n> Good question - passive ownership on important aspects of the architecture (like block producers) will not be encouraged - we want active ownership and participation for enterprise-grade level support - all via token staking - more on this soon...\n\n10 - Did the team start to try to list the coin on major CEX?\n> Hello Adam - we have just started the process of talking to various exchanges :-) The good news is that nearly all major exchanges would like to work with the Aergo project. For example, we are talking with Huobi as we like their model and their exchange/client base. We will not make any formal decision or announcement until we are sure about our plans. Everything we do is aligned with the long-term success of the project - nothing else matters (Ether price, Bitcoin price, who Satoshi Nakamoto is (not me!))...all I can say is watch this space for more news and if you would like to see Aergo listed on any exchange - make your voice heard as it can only help to have an active and positive community behind the project :-)\n\n11 - I think pegged price and the stable price is different sir, stable like Google stock price, pegged like the dollar,  as fans we will be very happy if Aergo price always stable like google stock price.\n> Yes I understand and you have a very good point - that the team is already looking into ;-)\n\n12 - Hello Phil :) According to the \"Vote for token listing\" page on Huobi Exchange, the ticker symbol of Aergo is \"ARG\". Is it official?\n>No decision made yet on our token name - what does the community think it should be????\n\n13 - Thanks for the answer, and thank you for the admins and team for taking care of all the KYC applications. Those real people all got in without a problem. A lot of KYC complaints in the chat looked artificial to me.\n> Yes - we had a number of bots and bad actors in our channel and want these removed so genuine facts are in the community and ones we and to work with and Reward even more in the future !! Our community should drown out the bad actors by discussing and pushing out real and positive news/facts.\n\n14 - 👏👏 hey, Phil one last question what is your citizenship I am confused about your name😅\n>I am from “crypto land” not Switzerland!\n\n15 - Hello Phil, thank you and your team for the bounty program! Special thanks for the attention to users who have had errors in KYC. AERGO is very attentive to its community. Thank you for that!❤️🤗\n>Thank you Ann - you would not believe how hard the small team n London worked over the last weeks to drive the process and deal with all exceptions/issues - Kudos to IP/CM/SL!\n\n16 - Hey Phil! It's an honor to be here. I'd like to know, why was Blocko under the radar from a lot of the others in the West. Your whitepaper baffled me. Do many people know about Aergo and Blocko in Asia? How are you guys approaching PR besides Blogs because I'm sure you'll get more traction if your partners make releases!\n\n>Hi Brett - very good point - we are ramping up a global PR/messaging/partnering/ecosystem and developer campaign to reach various target markets...other projects may “appear” to be better marketed but just ask this one question: “where exactly are your paying customers?” And you get more of a truthful picture...\n\n17 - Will the team distribute any token at 2019 AWT?\n> We will have new RewarDrop programs as part of the 2019 AWT :-)\n\n
- Can everyone participate 👌 or only who had events?
\n\n> We will do both online and offline events - the only restrictions are 1. Doing good work 2. Making sure you can pass the KYC/AML process and 3. Getting involved in the first place!!!\n\n18 - Really we need leaders like you who don't care about prices of assets and only focus on tech, recently most of ICOs team always care about price, this is not a healthy habit in cryotospace, at last adoption will be the real game changer.\n>Thanks Vijay - its called “experience”!\n\n19 - It was mentioned earlier that the program was completed, is it worth expecting a similar program from the project in the near future?))🤔\n>No - there will be better programs in the future :-)\n\n20 - What sets Aergo/Blocko aside from other enterprise chains, say, Hyperledger?\n> Customer deployments -all we do is blockchain (we don’t sell AI/Watson...you don’t have to buy an IBM z-series if you work with Aergo!)

\n\n - Open source right! I noticed you will be going to be working on smart oracles. will there be any partnerships involved, say, LINK or you'll be doing this in-house?\n\n>We are always looking to move faster and smarter - we don’t suffer from NIH (not invented here) syndrome - we are talking to some partners but need more - a major focus in 2019 for the team\n\n21 - There is a voting going on Huobi for Aergo listing. Is that an official one\n>Yes - if you want to vote or can help people/ organizations who can vote/share your view on the value of Aergo to educate those who are not yet aware of what we are - what we are doing - and what we may become!\n\n22 - Hey Phil, thanks for the AMA! Will the current Coinstack users be \"transferred\" to the Aergo network?\n>Yes - the plan is to extend existing customers who deployed private chains to the new hybrid Public+Private platform - we have a number of existing clients who are eager to do this asap.\n\n23 - “Last but not least - some information about our TGE (token generation event), how and when RewarDrop winners will receive their reward in Aergo Tokens and some insight into our future exchange listing plans”\nUpdate on the above?

\n\n> Q1 - TGE will be decided once we have finalized our exchange listing plans. I can reveal that we will (likely) list on the Chinese/International exchange(s) first and then shortly afterward we will list on Korean exchange(s).\n\n> Q2 - We also are looking at plans to release a large portion of the RewarDrop Tokens early to our winners - will share more when finalized.\n\n24 - Thx for AMA, are you looking for possibilities to list at Korean exchanges also?\n>Yes we are making great progress here as well - many exchanges looooove Aergo (and Blocko of course!)\n\n25 - I recently saw Sequoia capital invested in AERGO, how does investment from silicon valley giant help you guys? Would you be actively leveraging their incubation service that they provided in past for YouTube, Whatsapp, and many others?\n\n> Hi Calypso - very good question. Without a doubt, we have many great investors (I like FBG, Neo, JRR, Jlab, GBIC, Rockaway Capital etc...) and Sequoia stands out so its one of the most successful and forward-looking venture capital firms in the world. Also, note this was through Sequoia Capital China as we are placing a special emphasis on China and SouthEast Asia. Sequoia has been a true please to work with - professional - helpful and most importantly honest. We have many things in the works (but can't reveal these yet ;-) )

\n\n- Thanks for detailed reply, Phil! It is great to see you guys actively coordinating with Sequoia. Would they be acting as Block Producers? Do you plan to onboard any major enterprises like Samsung etc to run your blocks?

\n\n>Sequoia - no. But yes, we are talking to some very large hosting/system integrator and telecoms operators as we see them playing a very important role in our platform ecosystem.


\n\n26 - Hi Phil, Is the testnet in the schedule for EOY 2018?\n> Yes - and more ;-) watch out for more technical news soon!!!\n\n27 - @phil will you ever do another Live AMA anytime soon?\nThis is live (I am not a BOT!) - but I will do live video AMAs soon (if the community thinks they’d be worth it...)\n\n28 - I have voted in Huobi...I am an ambassador for Aergo and do write for Huobi. Pls, ask your Telegram and Twitter admins to ask people to vote.\n>Thank you, Eva. We appreciate both your advice and support! AERGO Community: leased follow Eva’s advice and spread the word (please!!)\n\n29 - My application reject. As I understood it, didn’t like the selfie. Can I send something?\n>No comment...sometimes you simply have to hold your breath and move on.....\n\n30 - What's your take on the Market and would you say it's got an impact on Aergo itself Phil? It's clear that people are driven by the price and I believe that what we've got is more than that. It's just garbage to pop onto Reddit sometimes, but it's the truth. With that being said, how would you guys frame your token to have sufficient utility and movement to accrue public interest (if the price is a wedge in interest). \n\n>Hi Bert again. Very good points. True demand only comes from 1. Fans 2. Developers. 3. early adopters of the platform 4. Investors who “get it” and 5. Partners who want “in”. we plan to do a lot more online and offline activities next year but also would welcome input from people like you on what you think we should do. This is why I am reaching out to all ambassadors to get their insight and help (very soon!)

Q2 - We are talking to nearly EVERY major exchange ;-)
\n\n31 - Phil, have a question regarding your developer ecosystem. Currently, I see lack of good developers in Blockchain space. How is AERGO helping onboard more devs? Do you have a global strategy in place?
\n\n> Yes - this is perhaps one of our most important and strategic tasks - we are onboarding some of the best developers in the world - how do I know this for a fact - they worked with me at firms like Cygnus (gnu), Red Hat (Linux), Novell (SuSe enterprise Linux), VMware (Pivotal opens source cloud and Deutsche Telekom where they build one of the most complex, advanced and sophisticated OpenStack/Linux based hybrid clouds for business. we need more - pls spread the word or apply!\n\n32 - The Token tank was really cool, I feel that data dash or Ivan would go crazy if they really knew!!\n>Coming...\n\n33 - What is this Aergo ambassador programme?\n>It’s a program for people who truly want to help Aergo to succeed and in return they 1. Do creative work 2. Get rewarded well and 3. Gain access and insight into our future plans - its kind of like “stalking” in our future - if you interested - pls apply (but you already have some serious competition!)\n\n34 - The community makes a lot of effort. and you and the team too. we get some good \"cosmos\" that a lot of project cant obtain. What will be the next step for the Ambassador and how the community can help you more, the team.?\n> I will be in touch with all ambassadors very soon.\n\n35 - Hi @Phil, do you think BTC is actually overvalued even right now, and what other token or coin should take over from BTC as the benchmark for the crypto market? Aergo?\n> Pls invest in...a Crystal ball!\n\n36 - Is Aergo / blocko partnered with any clients in the US /? will the main hub be in Korea or so\n>We will work with advanced clients anywhere in the world - our target markets next year are defined\n\n37 - I've been compiling a lot of notes on Aergo's and this was at the top of my list, something a little technical. Is AERGOSQL Turing Complete or Turing incomplete? I'm asking because In the whitepaper it says AERGO is EVM compatible so would assume it is Turing Complete, if so, do you think this is a safe option for enterprise environment granted previous incidents with Etheruem smart contracts?

\n\n>Yes its is built for enterprise use. Did you know that one of our advisors works at Bletchley Park for many years - it was the home of Alan Turing and where he used the Colossus (worlds first programmable computer) to decipher the Enigma machine in WWII - we have true experts in Aergo - that’s what’s make a BIG difference!\n\n38 - Will there be a TGE or only rewardrop was the option??\n>Rewardrop payout will be in Aergo tokens - the number will be = AWARD/token Price at time of reward issuance (very soon!)\n\n39 - Can we expect mainnet in q1 2k19?\n>We are still on plan for mainnet (and more) in late 1Q/early2Q 2019.\n\n40 - Any new members added in ur team??\n>Yes...more developers\n\n41 - Hi, how do you think, will the Sequoia and CZ conflict affect listing on Binance?\n>Don’t believe everything you read in the press (comment from Mr. Trump!)\n\n42 - You mentioned that Aergo's closest competitor is IBM? Do you think Aergo can compete with Amazon or IBM in future especially with Amazon in serverless cloud computing?\n>Pls do a google search on “Linux competitors in 1999” - nobody believed Red Hat could compete with IBM, HP, Sun, Dell, MSFT - now do a google search on “Red Hat and IBM” - the answer is $34B USD - we did it at Red Hat - we think we can do it at Aergo :-)\n\n43 - Is there any lockup for Rewardrop winner's tokens? (should be not)\n>You are answering your own question - the decision not yet made.\n\n44 - Phil good day to you. What are your thoughts about BAKKT 12.12? \n>I don’t speculate...I build tech..teams and businesses.\n\n45 - Where are we in SQL-based smart contracts platform with performance in tps terms now?\n>Serverless computing really means allowing DAPP developers to Beaumont the best / smartest / scalable /secure applications without worrying about how the “back end” tech is configured and deployed - today the latter is a nightmare and makes s/w developer very ineffective - your an think of it like an “internet” to win your cool apps on - and that scales and is super fast and super secure!\n\n46 - What is lockin period of tokens for team and advisors?\nVaries from some tokes are released on TGE and others vest over three years (yes years, not months!)\n\n47 - I see some otc deals of private sale tokens on otc groups ain't u gonna do something for that as they seem to sell for cheap\n>It’s like selling Google shares before they listed years ago...go figure...make your own judgments\n\n48 - where do u hope to see Aergo in 5years timeframe???😊\n>Different galaxy!\n\nPhil: \n> How can we make our community even stronger as - despite the many negative KYC/AML comments (before this AMA) - I am really happy and respectful of this - our AERGO Community (that I actually call internally our AERGO FRIENDS) - its is great too see you all engaged and please do spread the word, share your excellent work and stay focused as you may be surprised soon!
\n\n49 - You're right on how scary the back-end is, more-so on publicly deployed blockchains ie. Ethereum. Brilliant project but these communities always face a degree of conflict coming from different opinions. I saw a mention on the block producers, will they be specific partners you currently have? Further, will Aergo possibly ever come to a position where tensions arise from block producers and the likeliness of a fork. Though I suppose a well established framework is crucial in setting in stone what's possible. ETH did have its cockup since Gox!\n\n> Very good question - forks are always possible with open source (sometimes needed - eg. Linux forked and what popped out is a little/smaller program called Android!)...we have one of the best open source developers on the team and believe we can build and share our work via a tire open source model and avoid forks in the future...anyone else saying this needs to share how and show their open source credentials!\n\n50 - Expand the number of ambassadors, taking into account regions/countries where there are no ambassadors yet\n> Yes - great idea (already planned ;-) )\n\nPhil: \n> We are always on the look for quality people - what matters is not so much experience - its drive - passion and motivation.",
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      "title": "AMA with Phil Zamani, CEO of AERGO Project. 11/09/2018",
      "body": "![photo_2018-11-09_11-30-13.jpg](https://cdn.steemitimages.com/DQmP7zNkAhjDtcszaGJwmqLaB1F9qdDPuBji2bQ1giFkGTm/photo_2018-11-09_11-30-13.jpg)\n\n\nOn the 9th of November 2018 the community of AERGO had an AMA with Phil Zamani,  the CEO of the project.  The list of the Q&A is below:\n\n\n1 - What is the vesting schedule for all tokens?\n> From immediate release (upon TGE) - to up to three years of locking - depending on the token type and investor/holder type).\n\nWhat about the team (tokens)?\n\n> Same - some from TGE - others up to 3 years.\n\nWill you release all these details?\n\n> Yes, when the time is appropriate for each investor class - there is no reason to release this now other than for pure speculation (we don't support speculation - we deal with facts!).\n\n2 - Sir Phil Zamani, what will be the rewards of those who cannot pass the kyc process? will be shared among the winners?:)
\n\n>No, they will be used for another future rewardrop (3 more planned already!!)

\n\n3 - What are the community incentive tokens and what is the vesting?\n\n>Not yet finalized.\n\n\n

4 - Hi, Phil. Besides Captain AERGO and Gotchu, what other dApps are in development?\n\n> We can't release more info yet - we do have others planned\n\n5 - Hello, Phil.  When can we test the public version of testnet?\n> Not sure - need tech team to explain this but I think we are talking weeks away only (help tech team!!!)\n\n6 - As I'm seeing elections happening all around us these days, I was remembering Blocko's involvement in Gyeonggi-do's voting, and the articles mentioned that institutions have started to make contact in regards to the future use of these methods. Is this actively happening?\n\n> Yes it is, I will be in touch with all the top ten ambassadors very soon - I also plan to make contact with every ambassador as we have creative plans for you as well 😉\n\n7 - Hi Phil, I wasn't chosen as an ambassador, but I would like to become an ambassador, I don't need $ 2000, I want to promote the project and earn money in the future, is it possible for me and others or it's too late?:)\n\n> There are many ways to become an ambassador (not just rewardrop) - please get in touch so we can start talking (via [email protected]) thx\n\n8 - Hello Phil, as far as I know, AERGO received over $750m in allocation requests for your private round. However, in Summary of the private token sale raise, the funds raised was only $28,832,654 (28.8% of Total) meaning the hardcap was not reached. Also, this number is also very far from the allocation request's number. Why is that?\n\n> We did reach the hard cap of $30M - its the way the numbers had to be reported at the time. The reason we only took $30M is because that is all we needed for the project. Some firms in crypto just \"do the right thing\" vs. \"the greedy thing\" perhaps 😊\n\n9 - Hello. What marketing activities are Aergo's priority right now?\n\n> We are doing many things around marketing - form community building - ecosystem building - dApp building - university/research partnership building - lighthouse customer marketing - and last week we talked directly to a G7 Government about helping them with AERGO (we don't always publicize these facts though...)\n\n10 - They don't like to talk about vesting for team Foundation advisors etc for some reason 🙄 either ignore you or give vague answers.\n> Because these are often private matters - all our vesting is done for one reason alone - the long-term interest of AERGO (not individuals or firms)\n\n11 - Sir Phil Each token value in rerwardrop is 0.20 cents? I won 500$  2500 pieces of the token will be sent to me?\n> we have not yet determined the strike price of the tokens as they have not yet been generated - there is a defined legal and financial model for how these things are calculated and they are done at the time of creation (its called time-value-of-an-asset)\n\nThat means the price will be determined according to the token price in exchange?\n\n> No, the price will be set at TGE (well before any possible exchange listing)
\n\n12 - Where I can present my idea ... to collaborate with AERGO?\n> [email protected]\n\n13 - Hello, Phil. What do you think about the state of the cryptocurrency market at this time? ETF? As well as the behavior of other projects, changing the terms of sale and moving dates due to market conditions unilaterally. At the same time completely ignoring the community.\n> I cannot talk about other projects or the industry as a whole - AERGO does NOT do these things - an agreement is an agreement and I hope you all feel we try our very best to listen-help and reward our AERGO community 😊\n\n14 -  What is the basic difference b/w AergoSHIP and Ethereum smart contracts, what's your point of view?!\n> No easy to answer quickly (tech team?) SHIP supports a much more diverse range of potential application models vs. Ethereum - as the underlying architecture of AERGO is much more flexible (private and public chains and serverless cloud deployment using microservices based software design patterns)...or in same words...much more flexible!\n\n15 - What kind of work useful for Aergo would you recommend for ambassadors to focus on?\n>We will contact all ambassadors soon with a range of ways to help (and get rewarded 😊)...one of them is regional meetups to spread the word and spread the tech.\n\n16 - Hello Phil 👋🏻 When AERGO team will give us a chance to touch the browser wallet and will they let the community test it? 🙂\n>Everything we ship will be tested...multiple times...pls be patient for short while...coming very soon :=)\n\n17 - Hi Phil, can you please explain how the gas will work in AERGO? For every transaction?\n> No every transaction, only transactions that consume meaningful resources...will be very fair and easy to understand.\n\n18 - Where do the reward tokens come from?\n>Our reserve (i.e. Treasury)\n\n19 - Any plan for the roadmap to be restructured? Mainnet coming soon? What's the possibility of a testnet this year? Still possible?\n>Yes - we are on plan!\n\n20 - Hi Phil,  How about the issue of scalability.  How would you differentiate AERGO to other existing platforms? Where do you see this project performing better than others say in the long run? Maybe 5-10 years from now?  Thanks.\n\n> 

Very good question...AERGO is a 100% clean room implementation...this means it uses the latest ideas...is not restricted due to prior architectures (like Ethereum)...and we are designing some very cool side-chain capabilities to improve end to end transactions throughput (TPS is just one of many factors that need to be considered).\n\n21 - Hi Phil, tell us please when are you planning to kick-off the Aergo World Tour?\n> Probably do a test run in December then full trou from January (Russia may be one of our test locations 😊 )\n\nI'm hoping to see you in Ukraine :)
\n\n> I love Ukraine (and Russia...and Iran (believe it or not my surname is Iranian \"Zaman\" = time!)\n\n22 - Phil! Good days! There is any no plan with sharding tech?\n> We are looking at sharding as well - one of many design choices the R&D team will finalize soon.\n\n23 - We haven't heard from the third board member, the Holland man! Hunyoung park and you have been the most active, does it mean he is not part of the team?\n\n> He is focused on investor relations...a different \"community\".\n\n24 - Judging that AERGO will run on DPOS similar to Steem....is there any chance that transactions will be free?\n> Some will be free - yes.\n\n25 - Can you tell us more about BLOCKO's founder Won-Beom Kim? What is his role in the development of Aergo? When will he come to our community chat?\n> Won has been busy developing some secret and new tech - expect to see a lot more of him soon in the developer/community circles 😉\n\n26 - The team AERGO has made everything possible to accommodate everyone.. Thank You, Phil, for your tremendous and wise decisions.\n> Thx for your feedback - we try very hard (but cannot please everyone).\n\n27 - Will AERGO coin produce any underlying resource/token/utility that will be used to perform actions or run dapps on the AERGO platform?\n> I believe so (tech team pls clarify for the community).\n\n28 - There are some rumors that the financial situation of Blocko is not good. Is it true?\n> You are absolutely right. Rumors. Blocko raised $10M in the venture (growth) funding a few months ago - we pay our developers well (but NOT that well!!!)...focus on facts...Blocko is winning business and generating real income as it delivers real production solutions...to real customers....how many other blockchain companies are generating cash???\n\n\n29 - What happens to the tokens of those who don’t pass kyc?\n> As stated they get re-used for a later community Rewardrop (as early as next month perhaps!).\n\n30 - If the bps are rewarded...How exactly?\n>This will be explained publicly later...right now only the early target bps are aware of the options (we are in market testing phase).\n\n31 - Will there be any possibilities for crypto startups to host airdrops and ico on aergo?\n> All options are possible...some we are already in discussions on i.e. exploring 😉\n\n32 - Phil, do you have any news on Captain Aergo? :)\nthe project is on plan...we will share more when we can reveal more details and the platform has stabilized.\n\n33 - Mr. Phil, how many project developers are working full-time now?\n>+50 (I think 53 at last count)

.\n\n34 - I have a question about the developers. Do you plan to attract developers for a fee from the outside, for the active development of the product on github? How and when will this happen?\n> Hi Dobrodel - we are looking at all forms of bounty, developer community challenge, and university/research grants- so yes (one we have mainnet almost ready).\n\n35 - When distributed rewardrop token? sir Phil?\n>Not yet finalized but I will do everything I can to make sure the community tokens are released as soon as they can be\n\n36 - Time launch mainnet? Swap is before launch mainnet?\nMainnet launch as per white/tech paper...atomic swap right after the network is fully operational and stable.\n\n37 - Btw, 80% success rate [KYC] looks horrible.😃 \n>We don't control the input parameters..if fewer people pass than planned...we will just reward future community members/future work.\n\n38 - Exact time launch mainnet?\n>It is planned to end 1Q 2019/early Q2 2019 (if it needs more testing/ stabilization).\n\n39 - Hello, Phil. What is the biggest ambition of AERGO?\n>Honestly speaking, I really want to see the AERGO team, the AERGO tech and the AERGO community to be able to look back in a few years and say something like: \".....wow...that was fun...and that that was an amazing part of my life...and yes I WAS part of this great adventure!\"...pride - trust - respect - humility and fun are core principles of my life (business and private).\n\n40 - When ambassador work will be told?\n> Will be in touch soon...pls bear with me/us!\n\n41 - Ignore if this was asked before, if not, may I know how many dapps are talking with you to build on Aergo?\n>We are in discussion with a select few (we want to focus on quality first before we expand)\n\n42 - Phil, have a nice day! For a relaxing completion of AMA, the question is off-topic AERGO - Phil, do You have a Dream?\n>Of course...I dream that in the future the world will be an even kinder, safer and fairer place.\n\n43 - Dear Phil, results of \"otc sale detected\" will be also on 16th, please??\n>No we deal with this (minor) issue privately and sensitively\n\n44 - Have you a strong plan, for increase value your token And project? I mean to partner with the big company in Korea and in the world? Add your token to big and famous exchange? \n>We have a BIG plan...and a backup plan...and then a backup to the backup 😊\n\n45 - Since Gyeonggi-do, has Blocko/Aergo been involved in ongoing voting events of any sort? Is this use case Coinstack being further expanded upon, practically in South Korea, and therefore as an example or even a catalyst for taking it outside of Korea?\n>Yes, we are talking to companies and governments about similar ideas...nothing we can share for now though (sorry).\n\n46 - Will you ever take fiat as payment for transactions?\n> Possibly (as clients may not all want to deal with \"tokens\" in the beginning).\n\n47 - Hello Mr. Phil! What is the next target in TPS? Now at peak 10790.\n> Very good questions 10,790 is just the start. With no optimization and no extra tech that we are developing this just  stepping stone)...we think AERGO will have a very high end-to-end throughput - but this will develop and evolve over time\n\n48 - Thank’s Phil for your sincerity! From Russia With ❤️\n> Let me finish on the same note to all our AERGO Community:❤️\n\n\n\n*Poster credits: [Rich&Happy](https://twitter.com/rich_ico)",
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