Callisto Network Club

[CallistoNetworkRD]

Russian version: http://forum.callisto-network.com/viewtopic.php?f=5&t=3&p=3#p3

Project: Callisto Network Club

en: callisto-network.com
ru: callisto-network.ru
forum: forum.callisto-network.com

The mission of the club:

CLO investor club is an infrastructure that was introduced in order to increase CLO liquidity, awareness and capabilities of a decentralized callisto network.

How Callisto Governance System differs from the voting system for club projects.

The difference is that the club gives an opportunity to attract investment not in CLO, but allows investors both to make an impact on what is going to be carried out and make money on completed projects as well.
Such systems don’t compete with each other but complement each other.
For example, at the moment the club can become a preparative platform for making up of technical specifications of future offers in the Callisto Governance System. Not everyone will be able to make up such an application that is required for the Callisto Governance System without preliminary preparation. The most relevant club ideas can be prepared by club members who have the needed skills.

Club functionality:

Put into operation:

• A user account with the ability to add wallets and confirmation of their ownership (beta).
• A list of projects, ideas, and tasks for carrying out and investment with the voting opportunity. When voting, the system takes into consideration the total balance of the participant’s wallets, including cold staking (beta).
• Online chat on the site based on telegram

We suppose to put in operation:

• Rating of participants
• Transfer of CLO and club tokens via callisto hub
• Decentralized exchange (community support: https://t.me/req_to_the_Callisto_Network_team)
• Game Hub
• Informer

The motivation for CLO purchase:

Depending on the balance of the CLO coin holder, different prospects and investment opportunities will be available to him.
Projected levels: 10,000; 100,000; 300,000; 500,000; 1,000,000 CLO.
According to its value, the information can be exclusively shown for balances that are above a particular level.

Club financial system (v-0.01)

• We will issue a callisto - based club token for the encouragement of users and account for investments.
• The token issue will be performed as funds become available (in return for investments in the form of money, work, ideas)
• The token will be pegged to the dollar
• All funds which were received as an investment, the work for which you are ready to receive a token, as well as different encouragements will be considered in tokens.
• Tokens will be linked to a particular project
• As profit on the projects is received, all tokens will be paid to investors in the order they are received (perhaps with an increasing rate). Those investors who invested in non-commercial tasks will be double - refunded. Tokens will remain in possession and will be used as club shares (again, with a link to a particular project). This way, we will make it possible to invest at a low-risk level.
• After paying all the invested funds, the token will be unpegged from the dollar.

Strategic tasks:

• Implementation of the club’s financial system.
• Issue of tokens pegged to USD, RUB, BTC, ETH, LTC, DOGE, provided by real finances with the purpose of putting in operation a decentralized exchange.
• Creation of a global scale franchise on training, development, and audit of smart contracts, with a certificate from Callisto Network (registered domain dapps.studio)

Achievements:

• One of the first initiatives of the Callisto Network R&D project was to deploy an alternative explorer blockscout for callisto.network, this initiative resulted in the deployment of explorer blockscout by its developers:
  https://blockscout.com/callisto/mainnet/
  At the moment, links to this explorer are used, for example, by the STEX exchange
• The relevant type-in traffic has been implemented on the club website from yobit.ru, yobitex.ru, ethermine.ru domains
• Club site launched: callisto-network.com
• Club forum launched: forum.callisto-network.com
• The first release of MetaMaskPlus has been released (Callisto Network has been added)

Requests for the Callisto Network team:

• Provide assistance in the development of a secure club token algorithm (ERC-721) and a token algorithm template for pegging to other currencies based on the ERC-223 and ERC-621 standards (community support: https://t.me/req_to_the_Callisto_Network_team)
• Perform technical correction of the content produced by the club.
• Provide consultations on the formulation of the smart contract and carry out the audit of the developed smart contracts in the shortest possible time.

Screenshot of the club’s website (version of the registered visitor’s home page):

Screenshot of MetaMaskPlus:

[shivneja]

I am a little confused by this proposal. How does it benefit the existing Callisto Network?

[CallistoNetworkRD]

I am a little confused by this proposal. How does it benefit the existing Callisto Network?

Hello.
The mission of the club:
CLO investor club is an infrastructure that was introduced in order to increase CLO liquidity, awareness and capabilities of a decentralized callisto network.

There are those in the community who understand the benefits of at least one of the club’s tasks (decentralized exchange based on the Callisto Network):
https://t.me/req_to_the_Callisto_Network_team

Perhaps a more detailed consideration of the club’s objectives will help to understand the benefits for Callisto Network.

[shivneja]

Thanks for clarifying, my thoughts:

1. Awareness and capabilities of CLO are the responsibility of the CLO marketing team and they should handle this.
2. Increasing liquidity of CLO in the way you propose (through tokenisation) seems to be a conflict of interest with the existing network, as I understand your proposal. Your proposal can be implemented but would need to be done without the involvement of the existing CLO management. CLO investors need to be independent of the day to day function as your proposal seems to be more of a trading activity focused on the market price. Incoming investors will also be confused if they should invest in the token or buy CLO on the exchange.
3. The existing developments already completed by your team are very good and come under the purview of the existing CLO network build. I am still unclear why a separate club needs to be created to continue your good work.

[CallistoNetworkRD]

Thanks for clarifying, my thoughts:

1. Awareness and capabilities of CLO are the responsibility of the CLO marketing team and they should handle this.
2. Increasing liquidity of CLO in the way you propose (through tokenisation) seems to be a conflict of interest with the existing network, as I understand your proposal. Your proposal can be implemented but would need to be done without the involvement of the existing CLO management. CLO investors need to be independent of the day to day function as your proposal seems to be more of a trading activity focused on the market price. Incoming investors will also be confused if they should invest in the token or buy CLO on the exchange.
3. The existing developments already completed by your team are very good and come under the purview of the existing CLO network build. I am still unclear why a separate club needs to be created to continue your good work.

1. Why do you think the community cannot help with this?
2. I assume that the purpose of the token excludes a conflict of interest. The token serves as a tool for recording the participant’s contribution and is emitted upon receipt of finances, performance of work or the provision of the result of intellectual work (for example, a creative idea). Such a system is created, inter alia, for the purpose of fair distribution of profits from the implementation of commercial projects.
3. Club projects can be targeted at an investor audience different from the CLO investor audience. At the same time, realizing that a particular project contributes to an increase in CLO liquidity, these investors can look towards Callisto Network
   Buying CLO and investing in the selected commercial project(s) of the club, you:
     - Diversify risks
     - Help develop Callisto Network functionality, which can affect the liquidity of CLOs, and therefore increase the likelihood of an increase in the CLO rate, and therefore you increase the likelihood of success for your investment program.

Thank you for your questions, they helped me better understand club tasks :)

[shivneja]

3. Club projects can be targeted at an investor audience different from the CLO investor audience. At the same time, realizing that a particular project contributes to an increase in CLO liquidity, these investors can look towards Callisto Network
   Buying CLO and investing in the selected commercial project(s) of the club, you:
     - Diversify risks
     - Help develop Callisto Network functionality, which can affect the liquidity of CLOs, and therefore increase the likelihood of an increase in the CLO rate, and therefore you increase the likelihood of success for your investment program.

This is a very good concept and has full support, if you are able to identify new projects and target new regions or markets that’s a positive development for CLO.

2. I assume that the purpose of the token excludes a conflict of interest. The token serves as a tool for recording the participant’s contribution and is emitted upon receipt of finances, performance of work or the provision of the result of intellectual work (for example, a creative idea). Such a system is created, inter alia, for the purpose of fair distribution of profits from the implementation of commercial projects.

Once you focus on 3. (above) then conflict of interest should not be an issue.

You have an interesting proposal, worth pursuing.