This is the second time today that I hear about Askolo, seems more then a quincidence (heavy PR going on?).
How are they different from Quora?
I'm not so sure if the name is perfectly chosen. You know that olo is ASCII art for a penis and balls?
http://www.urbandictionary.com/define.php?term=olo
This reminds me of the story when VW advertised their Golf GTI with "Turbo Cojones". Somehow, the marketing department (in Germany?) obviously didn't realize the meaning of "cojones".
edit: typo