[ANN] [CATA]Flow | NFT | Middleware | Decentralized Cloud Storage - page 3.

XinZang

newbie

Activity: 41

Merit: 0

Quote from: azadm1 on October 10, 2022, 12:31:56 PM

Quote from: XinZang on October 10, 2022, 12:29:09 PM

I searched about there whitepaper and technical stuff but couldn't find what consensus algorithm they are using, can someone please tell what exactly they are using?

Its a different project, its not like something you can mine.
CATA project is about providing a decentralized storage to NFTs and other projects.

I see. Do they have any previous project or this is there first one? To launch a new project requires some previous experience. If they are very new to this area then they will find it hard to get it done.

azadm1

newbie

Activity: 48

Merit: 0

Quote from: XinZang on October 10, 2022, 12:29:09 PM

I searched about there whitepaper and technical stuff but couldn't find what consensus algorithm they are using, can someone please tell what exactly they are using?

Its a different project, its not like something you can mine.
CATA project is about providing a decentralized storage to NFTs and other projects.

XinZang

newbie

Activity: 41

Merit: 0

I searched about there whitepaper and technical stuff but couldn't find what consensus algorithm they are using, can someone please tell what exactly they are using?

langoot

newbie

Activity: 46

Merit: 0

There is no point in discussing whether CATA has chosen right path or not since they are not disclosing anything about the project so far. As long as they kept everything secret we cant say whether they will be successful or not.

Camelcoin

newbie

Activity: 14

Merit: 0

Quote from: YinShuiSiYuan on October 09, 2022, 11:15:45 AM

Recently there is news that hedge funds are also investing in NFTs and that will boost the NFT market in coming days. I firmly believe that CATA has chosen the right area to target. The NFT market will only boost in coming years since there is no plan of return for such emerging technology.

Crypto Hedge funds are there for long period of time now and they invest in every new coming technology. There is no way we can predict that NFT wont go down in coming days. I guess they are going down just like ICOs and IPOs are gone. DYOR.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Recently there is news that hedge funds are also investing in NFTs and that will boost the NFT market in coming days. I firmly believe that CATA has chosen the right area to target. The NFT market will only boost in coming years since there is no plan of return for such emerging technology.

Bigerio

newbie

Activity: 46

Merit: 0

Quote from: floodsitu on September 29, 2022, 01:32:59 PM

Quote from: YinShuiSiYuan on September 29, 2022, 01:30:49 PM

There are lot of things going on in CATA not just one thing aka decentralized storage. Thats the primary reason why its taking so long to launch necessary things related to project. If you have trust in this project than just wait for a while.

nobody has time to wait for indefinite period of time.

The project is suspicious as its taking too long to give out necessary details of the project.

Its never too late. If you dont have time then surely you can look around and invest in some other project but dont say that anything that is taking time is not worthy.

floodsitu

newbie

Activity: 43

Merit: 0

Quote from: YinShuiSiYuan on September 29, 2022, 01:30:49 PM

There are lot of things going on in CATA not just one thing aka decentralized storage. Thats the primary reason why its taking so long to launch necessary things related to project. If you have trust in this project than just wait for a while.

nobody has time to wait for indefinite period of time.

The project is suspicious as its taking too long to give out necessary details of the project.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

There are lot of things going on in CATA not just one thing aka decentralized storage. Thats the primary reason why its taking so long to launch necessary things related to project. If you have trust in this project than just wait for a while.

MgoSgo

newbie

Activity: 19

Merit: 0

Quote from: pinko5 on September 27, 2022, 12:42:43 PM

There are not many details about the project available till now despite the fact that lot of time has passed since the project launch. If they delay details like that the project will suffer loss.

What sort of info you need, i guess everything is available on there website. I find all technical details of project very well updated on the site. Just try to spend some time there.

pinko5

newbie

Activity: 46

Merit: 0

There are not many details about the project available till now despite the fact that lot of time has passed since the project launch. If they delay details like that the project will suffer loss.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

With Bears taking over crypto market its better to delay token sale until bulls are back in business. i think market has been bullish for quite sometimes and will stay bearish for few months or a year who knows. I think that's the major reason why CATA team has delay the project sale.

jimjam1

newbie

Activity: 45

Merit: 0

If you are talking about Ethereum merger then it hasn't bought any changes in crypto market. Rather everything is same. Its just a boom that failed miserably. If you are planning for investment then better invest on some other principle.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: pinko5 on September 18, 2022, 12:39:07 PM

There is great Boom coming in NFTs and Defi side after the merger of Ethereum and new projects must not miss this opportunity to get there fare share.

I am very much sure the team behind this project is well aware of the fact that Ethererum merger has brought some huge changes in the NFT market. Very soon they will launch there NFTs to attract NFT lover. Thats why I say its the right time to invest in CATA.

pinko5

newbie

Activity: 46

Merit: 0

Quote from: YinShuiSiYuan on September 18, 2022, 12:36:04 PM

Quote from: pinko5 on September 11, 2022, 01:27:30 AM

Can I see what kind of NFTs are hosted on CATA or its just a decentralized storage platform. What you see is what you get and there is no way we can invest in project without seeing what is going on.

There isn't much info available regarding your query that whether they will host NFT on there blockchain or its just a storage platform for NFTs. I check there website and social media accounts but unfortunately they are not updated very often. May be you can contact some of there team members to get info.

There is great Boom coming in NFTs and Defi side after the merger of Ethereum and new projects must not miss this opportunity to get there fare share.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: pinko5 on September 11, 2022, 01:27:30 AM

Can I see what kind of NFTs are hosted on CATA or its just a decentralized storage platform. What you see is what you get and there is no way we can invest in project without seeing what is going on.

There isn't much info available regarding your query that whether they will host NFT on there blockchain or its just a storage platform for NFTs. I check there website and social media accounts but unfortunately they are not updated very often. May be you can contact some of there team members to get info.

pinko5

newbie

Activity: 46

Merit: 0

Can I see what kind of NFTs are hosted on CATA or its just a decentralized storage platform. What you see is what you get and there is no way we can invest in project without seeing what is going on.

azadm1

newbie

Activity: 48

Merit: 0

Quote from: YinShuiSiYuan on September 11, 2022, 01:20:34 AM

Quote from: ?? on ??

On of the good news about CATA fans is that there social media accounts like twitter are finally a bit active. They need to put more focus on there social media channels.

Yes that's indeed a good news for CATA fans like me. Ether merger is round the corner and very soon we will have PoS taking over PoW. There are lots of Defi and NFTs project hosting on Eth blockchain and soon they will need a decentralized storage for which CATA will be the only solution.

I dont know what logic is this. NFTs are just a buzz word and very soon they will die and soon we will see some new concept emerging in the form of another buzz word. In crypto the only real solid investment is bitcoin.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: ?? on ??

On of the good news about CATA fans is that there social media accounts like twitter are finally a bit active. They need to put more focus on there social media channels.

Yes that's indeed a good news for CATA fans like me. Ether merger is round the corner and very soon we will have PoS taking over PoW. There are lots of Defi and NFTs project hosting on Eth blockchain and soon they will need a decentralized storage for which CATA will be the only solution.

YinShuiSiYuan

hero member

Activity: 1680

Merit: 505

Quote from: srhash on September 09, 2022, 12:09:54 PM

There is lots of criticism for energy consumption by different blockchains and flow is very much energy efficient. Thats the reason there is no way any country is going to ban it. Thats why CATA making partnership with flow blockchain.

Yes there is great debate going on that also. Recently Eth also shifting on PoS also just to avoid too much energy wastage to keep alive the blockchain. Its a good move by Cata to partnership with blockchains that are energy efficient to avoid any future problem.

Topic: [ANN] [CATA]Flow | NFT | Middleware | Decentralized Cloud Storage - page 3. (Read 2853 times)