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Frequently asked questions FAQ

  1. What is KELTA?
    KELTA is a data center located in Slovakia. The KELTA data center provides hosting services for a variety of purposes, including scientific research, neural network testing, game services, and cryptocurrency mining.
  2. What is a KLT Token?
    The KLT token is a utility token, and represents access to 1 watt of the data center’s capacity. Other benefits of token ownership include access to the KELTA app.
  3. How can I buy Bitcoin or Ethereum?
    There are a number of ways to obtain these cryptocurrencies. In many countries, BTC is available from ATM machines. What’s more, BTC can be purchased from exchanges worldwide. ETH is available on exchanges as well, or you can use a service called Coinbase, which supports the exchange of fiat currencies for cryptocurrencies.
  4. Is a KLT token a share in the company?
    A KLT token does NOT represent a share in the company. KLT token holders have no right to make decisions regarding the company’s direction, and do not receive dividends. KLT tokens are utility tokens, and are not securities. Ownership of one token gives the token holder unlimited access to one watt of the KELTA data center’s capacity. The amount of watts to which you have access is equivalent to the number of KLT tokens you possess.
  5. I’m a speculative trader. What are the chances that your token will grow in price in 6-12 months? What is the expected growth rate?
    Unfortunately, we ourselves are not speculative traders. We operate a data center and are selling a utility token meant to be used for specific purposes only. If you are a speculative trader, we encourage you to inform yourself fully on the risks of such activities.
  6. When will the tokens begin to trade on the exchanges?
    Kelta Coin is unique utility token and therefore is not primarilly designed as exchange token. This utility token is all about passive income and therefore is not meant to be parked in exchange. We are protecting Kelta from speculative trading by any availible means.
    Kelta will provide its own exchange platform that is going to be introduced at the end of July, 2018.
  7. What is Bonus Kelta Token ?
    Kelta Team, Advisors, Founders and Bounty & Referral members obtained surplus Kelta tokens. (Link na whitepaper sekcia distribution of tokens) These tokens serve as 1:1 bonus. For more information please see terms of service. (link na terms of service)
  8. Where are my Airdrop Bonus Tokens, they are not on my ETH wallet?
    All valid Airdrop Bonus Tokens have been distributed to 14.7.2018. Any other demanded Airdrop Bonus Tokens have been evaluated as invalid and therefore discarded.
  9. When can i start mining?
    Right after purchasing Kelta Token.
  10. When can i start mining with Kelta Bonus Tokens?
    Right after purchasing Kelta Tokens the bonus tokens will be added to your account on scale 1:1 and your are set to start mining.
  11. Where can i buy Kelta tokens?
    You can buy Kelta tokens via Kelta Computing Power app. You can go directly on Desktop version or download it from App Store or Google Play.
  12. How profitable is 1 Kelta Token?
    It depends on how you setup your Kelta Computing Power app settings. Kelta average income is actualized hourly on the homepage.
  13. What is the actual price of 1 Kelta Token?
    Actual Kelta price is found on homepage and in Kelta Computing Power app.
  14. I want to gain higher profit with my mining account, how can i unlock Scientific Research Account?
    You can unlock Scientific Research Account by purchasing more than 10 000 Kelta Tokens. This feature is unlocked automatically.
  15. How can I Lease a Kelta Token, i have seen this option in whitepaper?
    You can lease Kelta tokens for a minimum of 5 000 KLT and pay for 1 year in advance. You will not be holder of the token but you will be its beneficiary.
  16. How secure is the storage of tokens?
    Accounts on the platform can be accessed via a web-portal or with a mobile application. Accounts will be protected from unauthorized access by a two-factor authentication systém. This is this industry standard.
  17. How secure is your system from attack by hackers?
    Given the nature of KELTA’s business model and the types of services offered, the company depends on the functioning of software applications, computer hardware, the internet, and other computer infrastructures. The KELTA team has made, and continues to make, every effort possible to limit the risk of viruses, DDOS attacks, physical break-ins, and other malicious activities.
  18. Do the tokens comply with the ERC20 token standard? Can I transfer them to a third-party ETH wallet?
    The KLT token is a ERC20 standard utility token emitted on the Ethereum blockchain network. They may be transferred to any third-party Ethereum wallet.
  19. I want to invest a very large amount of money. Will I receive the right to vote, or other privileges?
    All investors will be treated the same and have the same privileges, regardless of the size of the investment. However, it is important to keep in mind that a large investment means a higher and faster ROI. The KLT Token does not represent a share in the company, and token ownership does not provide the user with the right to vote on issues concerning the management of the KELTA data center.
  20. Can I transfer tokens from your service?
    Yes, transfer of tokens is possible. In fact, tokens may be traded or sold. Keep in mind, that by selling or exchanging tokens, you lose the ability to use the token to access the data center.
  21. What is the legal status of the KLT token? What happens if this status changes?
    The KELTA data center legally operates in the Republic of Slovakia in accordance with all laws of the European Union. The KELTA token is interpreted as a utility token, in compliance with international financial regulations.

    It is the responsibility of the potential token holder to inform his or herself regarding the local laws in his or her home jurisdiction. KELTA does not have any responsibility for any tax or other obligations the token holder may have in his or her country as a result for involvement in the KELTA project.

    The potential token holder ought also to inform his or herself about the potential for changes in legislation that might affect the token’s value. Such changes may negatively affect the value of the token.
  22. How can you ensure the security of token holders’ private information?
    The KELTA team engages independent auditors - prominent in the industry - who review the smart contract code line by line, checking for any security breaches, misuses of incentivization, or other concerns regarding the attack surface.
  23. Can you tell me a little about KELTA’s history?
    The history goes back half a decade already, and the progression of the data center runs in parallel to the recent rapid rise of blockchain technology. Just as Bitcoin, the first major cryptocurrency came to fruition during the worldwide economic crisis of 2008-2012, the roots go back to a time when it seemed obvious in the world that something needed to change, and that a major technological shift was coming.

    Shortly following the economic crisis of 2008, real estate prices and the price of land throughout Europe had fallen sharply. The founders notice that this represented an excellent opportunity to invest in land in Slovakia. Given recent technological advancements at the time, it was decided that a good use of the land would be the construction of a Tier-3 level, high-reliability and high-security data center. Construction was completed and tier-3 certification was received in 2012.

    In 2018 it became a home to the very successful KELTA ICO project
  24. How many people are on your team?
    Currently, 25 individuals are employed by KELTA.
  25. Do you have analogues or competitors?
    There are many companies which deal with mining. However, KELTA’s offer for token holders is unique - KELTA data center users will enjoy the following benefits from KLT token ownership:
    • Access to 1 watt of data center capacity. • Access to the streamlined KELTA app (and web portal) which makes it easy to select the cryptocurrency to mine, and to begin mining - even with a limited understanding of blockchain theory. • Membership in an exclusive community of cryptocurrency and blockchain experts, supported by the tools provided on the KELTA website.
  26. Where is your office located?
    The KELTA data center is located at the following address:
    Kopcianska 92, 851 01 Bratislava, Slovakia
  27. In what jurisdiction is your business located?
    The KELTA data center legally operates in the Republic of Slovakia in accordance with all laws of the European Union

In case of any further questions please feel free to contact our support team. support@kelta.com

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