Bitcoin Forum

There's an official ANN for Antshares' ICO
https://bitcointalk.org/index.php?topic=1571738.0

This would be locked.


https://i.imgur.com/qB1yxvn.png

AntShares is holding its second ICO in early August.

The Antshares blockchain will be used to register digital assets. Asset owners can digitize many different types of assets, which then can be traded on the AntShares blockchain.

The team’s approach to asset registration involves tokenizing proofs of ownership over that asset, not trying to represent the asset itself through a token. In other words, a token on the Antshares blockchain represent a standard legal proof-of-ownership accepted in modern society rather than trying to substitute for it. They plan to list private company equities immediately on launching Antshares, with more companies to follow.

The crowdsale itself will involve buying Antshares (ANS). ANS will be one method of acquiring Antcoins (ANC), which are used to actually register assets. Both Antshares and Antcoins will be tradeable and Antshare holders will be able to acquire Antcoins through block creation.[1] More on the consensus protocol below.

This ICO has a unique refund feature. The BTC raised will go into a 2/3 multisig escrow account, and the development team won’t touch it until the Antshares chain is launched. At any point up until the launch of the final blockchain, participants can request to withdrawal their BTC.

Antshares held its first ICO back in October 2015. The ICO lasted for 10 days and raised 2,100 BTC.  Since then, they have grown from a team of 4 to a team of 12, and they still have funds left from that sale. The development team will also run a separate company call Onchain that will serve as a marketing and consulting entity for the Antshares chain. Anyone can use Antshares without Onchain, but they can provide support to entities who want assistance.

The code underlying Antshares was written from scratch and is the only blockchain based in China that started as open-source. The code is posted on GitHub, with the first commit posted May 2015.

Crowdsale Details

How are funds collected?   

Antshares will collect funds on its page www.antshares.com. Logging in will generate a private key which will be associated with the user and their distribution of Antshares. Funds will enter an escrow account until the Antshares mainnet launches, estimated for October 2016. The private key can be used to access the purchased Antshares at this time and begin trading them in October or November 2016.

Coin Distribution   

A total of 100 million ANS will ever be created. 17.5M were distributed in the first ICO. 22.5 M will be involved in this ICO. 10M were distributed for early contributors, including the development team. 50M will be held in reserve for bounties and other strategic investments, to be distributed after one year at a maximum rate of 15M per year. They are not being held for the development team.

Escrow Used   

Funds will be held in a multi-signature escrow managed by HAOBTC.com and DACA.

Rate   

Funds will be distributed proportionally based on the total funds left once Antshares launched. This means the effective rate will not be determined until after the refund period is over. There are bonuses for early participants. Contributions in the first five days will enjoy a 1.2 multiplier. Each day thereafter, the multiplier will decrease by .005, with no multiplier on the final (the 45th) day.

Project Valuation   

Based on the 2100 BTC raised in October and the average October price ($265), the project is estimated at roughly $3.1 million. Based on average June price, this is $7.6 million. The second ICO is likely to change this valuation.

Currencies used   BTC

How do the coins or tokens work?How are they used?   

Antshares are used to accumulate another token, ANC, which is used to register assets. ANS holders can also vote for nodes to confirm transactions.

What is the market for these coins?   

Tokens on the Antshares blockchain will represent ownership over assets.
Moreover, the blockchain is set up to support asset ownership transfer, which is more legally complicated than money transfer. The blockchain transaction is two-way: both sender and receiver sign electronic agreements signifying the transfer. This helps make the Antshares blockchain be compliant with existing regulations and not serve as an independent verification of ownership, but rather a seamless way to digitize and trade existing verifications of ownership.

For company equity registration, the Antshares blockchain will keep the information transparent, unchangeable and cheaper relative to existing methods.

The first asset to be registered on Antshares will be shares in Onchain, but they expect other companies to follow and other types of assets to be registered.

How are they produced?   

There will only ever be 100M ANS tokens. At launch, 50M will be distributed (40M between two ICOs and 10M for early contributors). ANC will be distributed during block confirmation. ANC are ‘burned’ when assets are registered and return to a pool. Only 100M ANC will be produced.
The consensus model is a Delegated Byzantine Fault Tolerance, which is similar to Delegated Proof-of-Stake Model. In Antshares, ANS holders will vote on trusted nodes who will confirm transactions.

Who is the team behind Antshares?

The team behind Antshares is very well known in the Chinese community. CEO Hongfei Da spoke at Bejing Blockchain Summit in 2016 and is a prominent spokesperson for the cryptocurrency community. Other members have been involved in various cryptocurrency projects.

Learn More

Antshares Website https://www.antshares.com/ICO/Index (https://www.antshares.com/ICO/Index)
Antshares Whitepaper (currently in Chinese) https://www.antshares.com/Home/Index/#page3 (https://www.antshares.com/Home/Index/#page3)
Bitcointalk announcement and discussion

News About AntShares

1）超级账本中国首次公开见面会，探讨区块链行业标准制定 http://www.8btc.com/hyperledger-onchain-ibm
2）Onchain与微软合作探索区块链应用，小蚁二期众筹将于七月开启 http://www.8btc.com/onchain-microsoft
3）Onchain小蚁加盟“超级账本”，参与制定区块链国际标准 http://www.8btc.com/onchain-hyperledger
4）Onchain发布小蚁共识算法白皮书 http://www.8btc.com/onchain-paper-antshares
5）10天2100个比特币，小蚁股众筹你“抢”到了吗？http://www.8btc.com/antshares-2100btc
6）小蚁众筹目标公布，2100BTC致敬中本聪？http://www.8btc.com/antshares-2100
7) Microsoft-Partnered Onchain Implements Blockchain Projects with Antshare Technology  
    https://bitcointalk.org/index.php?topic=1560815.new#new


[1] The model is similar to Factom’s approach of having Factoids and Entry Credits. Antshares function similar to the former, Antcoins similar to the latter. The two differences are that Antshares aren’t used to buy Antcoins directly but instead earn them during the block creation process. The second key difference is that Antcoins will be tradeable.


Bounty System

We’re going to introduce the Bounty system during AntShares ICO. Anyone earns Antshares will receive them after the ICO termination.
(Last edit June 27, 2016)
Please take a minute to read through the rest of the introduction post about the bounties:

1, Translations: 50 antshare/500 words
The translation bounty applies to any antshareblog. Please stick to the languages you are familiar with and will help the community to know antshare project well.

2, Published Blog/Article: 300 antshare* 100
The original articles or blogs post discussing the AntShares or Onchain onto an existing blog or news site are welcomed. The article must be at least 500 words long. We will awards up to 100 articles. Any interested freelancers or correspondent can contact us through contact@antshares.com with questions you’re interested. Each writer can submit multiple articles.

3, YouTube Videos about AntShares: 300 antshare* 5
The Video can be the combination of AntShares, OnChain and Smart contract, at least 30 seconds long. It can be in the form of an animation, a real life video or whatever you feel it conveys the positive message about Antshares. The first 5 videos that are of acceptable quality will get 300 antshares.

4, bitcointalk.org Signatures: 5 antshare/signature
Each signature on our bitcointalk.org win 5 antshares. Multiple signatures are acceptable. The deadline will be announced via our official site.


[/code][/code]

Also, you are welcome to design your own ANTSHARES signature, once your design is chosen for public use, you will win extra 20 Antshares.
 
5, Retweets/ Original tweets: 1 antshare
Each retweet or original tweets with positive Antshare or Onchain content will win 1 antshare. The content has to be maintained at least two weeks.

6, Facebook: 1 antshare/publish
Each Facebook content published related to Antshare or Onchain on your personal page win 1 antshare. Multiple publishing in various days are acceptable. The deadline will be announced via our official site.

All bounties mentioned here start from now on and last till the task finished. AntShares ICO starts from early Aug., and the whole process lasts 45 days, so do not hesitate to get involved.
For any issues with bounties you can either PM us on twitter or email us at: contact[at]onchain.com

The content is cited from the interview with Smith+Crown http://www.smithandcrown.com/event/antshares-ico/ (http://www.smithandcrown.com/event/antshares-ico/), AntShares is responsible for the authenticity.

Can you link me to the 1st ico please. Also what address was used to raise the funds in the 1st ico. thanks.

The "ICO Phase I" was done on a website called WeAngel (https://weangel.com/antshares). It's our side-project to demonstrate how crowdfunding can work with blockchain.

In about 10 days we got 2100 BTC which is the up-limit, so the ICO is finished 20 days earlier.

The links below are the TXIDs of which we sent 1000 +1000 +100 BTC to huobi.com to sell immediately after the ICO.

https://blockchain.info/tx/f0e9b08c9ca488f72fe3c2ee0ea60458357a794714a945f9ca8ac114f137f317
https://blockchain.info/tx/34e169a82f7f801335dd53519b1407a2ebafdf15fe262147fbb903cc0260395c
https://blockchain.info/tx/6a0c372c51a9f4ad3715f30308be81c7c6785b3592c2858fe77b0b711bcd0a73

https://i.imgur.com/km3Mwti.png
https://i.imgur.com/Up9sIYJ.png
https://i.imgur.com/taop0Jg.png

How much total coin supply of AntShares?

There are 100million AntShares in total.

what difference between AntSahre and AntCoin? :)

Cool. Any bounties? ???

yes, https://www.antshares.com/Blog/Details?id=7

interesting project watching ..

um... no offense but the bounty is kinda too low man. I am asian and know how business works in china, but dude the bounty sounds like its below minimum wage. Might wanna reconsider?

I came from China.Honestly this project is the best  in China.
Guys if you look the ANN you will know there will be refund if you want quit..

Thank you for your kind words.

Thank you for your input. We're discussing the bounty rates and I personally think it should be raised.

Every Friday, AntShares has an expert to talk about Blockchain.

https://i.imgur.com/NTaUsUL.jpg

Glad to see a new project from China launched on BCT.GOOD LUCK!

BTW,Here is WMCoin from China too.

Anyone wanna to know WMCoin could visit the topic below:

Topic: 【ANN】【WMCoin】Best Coin For Online games,Casinos & Shops,Btcside.com Backed,Nice future (Read 32900 times) (https://bitcointalk.org/index.php?topic=1432330.0)

Why every ICO coin must have a 100 million supply.

What is the current value of 1 AntShares?

Is AntShares in any exchange?

Thanks

This coin need a lot of develops for becoming a serious coin!
I am watching for future.

No exchanges trade Antshares coz it's developing.

Core developer doesn't need too many just like Eth

Here is my advice.
1.Translate good news into English.
2.Hire a full-time  community manager.
3.Tell people about Antshares as simple as possible,peolple doesn't have paitien to read the whole article.

The antshares testnet had been running for 8 months, and mainnet will go live probably in Sep/Oct. So ANS is not listed on exchange yet.

But one early backer created some IOU of ANS to be traded on Bitshares' built-in exchange. The most recent price is about USD $0.22 per ANS. It could be a loose price index.

Note: this early backer is not a member of TAT (The Antshares Team) and the IOU is not TAT endorsed.

Okay so I'm still going to join to this ICO. seem like there are a lot of you demanding funds and there are also a lot of us wants return during the release :)
Any chance to see how much Antshares allocated for youtube and signature bounties?


edited: saw it already.

how much is 1 antshares by the way? i can see you only give 1 antshare for Retweets/ Original tweets.

I confirm, this ID "antshares" and myself ID "dahongfei" represent TAT (The Antshares Team).

One early backer created some IOU of ANS to be traded on Bitshares' built-in exchange. The most recent price is about USD $0.22 per ANS. It could be a loose price index.

Note: this early backer is not a member of TAT (The Antshares Team) and the IOU is not TAT endorsed.

Thanks a lot!

1. Yes, we had contacted 8btc for translating news and other documents into English. It's on going.
2. Yes, we have one.
3. Recently there would be an video with English track.

BTW, what's your QQ name in 小蚁社群/小蚁ICO？ :)

Hi Mr.Dahongfei i did i quick read and you say: [...] AntShares ICO starts from July 7th, and the whole process lasts 45 days[...], didnt get this, nevermind, its just from the first ICO; also when a english version of whitepaper will be available, thanks in advance.

How to join on Signature Campaign ?

I think they have not announced open signature,that will be announced via their official website

Why should we buy invest  in this coin?

What makes this project so special?

Soon.As a early investor i can tell you more coz i know the dev and i'm in the QQ group.(QQ group in China just like Slack)

If you want invest in this project you should wait for 2016.8.8,There will be a open ICO.

This project focus on Digital Asssets and it maybe  cooperate with China government.You guys know how rich Chinese are!This project is the best project in China

I am in the QQ group but i want hide my name.我觉得把达鸿飞和CTO的照片放上来更好，还有这个BTT做的不是很专业，可以慢慢修改

As i konw,the dev is a famous man in China,and this must be a good project.

Hey Dev,we need more pictures and something like roadmap,whitepaper

ICO again!! I've joined a lot of ICO lately and even when we fund then we can't make them make the development faster for the value to go up quick as well.
I might  just start joining when released as well as price usually dip in the first two weeks of released.

Antshares is a good blockchain project in china!

watching this

是的，不很专业。这几天会把签名奖励放上来。先放照片。Thanks for your support & advise!

Hey mate why not try to visit their website https://www.antshares.com/ you can see some information there :D

Please check the link in our post, we just updated the information for Signature Campaign. Thanks for joining in.

不用谢，我会持续关注antshares的，我是第一期投资者，会尽力帮助，也会在第二期继续投资 ^_^

We just update our main post, and you can check it now and welcome to join in. :)

So,I think all the potention investors should join the QQ group in case you can get early information.

Please contact with ICOCOUNTDOWN and another ICO website to let more people know Antshares.

How about an English whitepaper? I see you are serious guys that have the chops but want to know more technical details.

Chinese project, solid foundation in China.

Smith + Crown did a write-up and an interview with this team (http://www.smithandcrown.com/event/antshares-ico/). They've been very responsive.

If you need an italian translation, whether of the first post in this thread or of the website, let me know. I am available to do it  :)

nice的，ming ceo facai  ;D ;D ;D

which project is that, can you provide us the link please? we know how rcih they are but they are and I'm interested but hope to have the english version of it. its not that they're the only who can understand it.

Is this your github:
https://github.com/antshares/antshares

There are totally 3 contributors with 154 commits. And that is after 10 months development???

And every chinese here is screaming: This is the best project in China, because I was in it.

If not, is there anywhere else to see your source code? Honestly, you are either closed source, or you have only 1 part time dev out of you 12 men team.

No offence, just some comments from the github code

Hello dev any bounty translation of this tread to another local language?, translated this tread to another local language can make AntShare more famous, and how many btc goal for second ICOs?

Sorry,i can't understand you because of my poor english...

I'm the investor and i can tell you truth.
1.There is 1 core dev to develop because most of Chinese coder doesn't know about blockchain or bitcoin.Coders who knows about blockchain and bitcoin in China can earn 200K USD one year and most of them are employeed by others.So this is why there only 1 core dev.
2.Not every Chinese is screaming because most Chinese doesn't like China project and they  think Chinese project is bullshit and forgners' project is good.This is why you can see most time just me to answer questions.
3. The Antshares team are lack of BTT experience that's why the pre-ANN is not professional.

The Antshares team are working on translate the Whitepaper.

You can PM the dev about translation bounty.
There is no goal for second ICOs just like LISK and WAVE but there is Exit mechanism It means if you think Antshares is not worthy so many BTCs you can exit with your BTC.

For anyone who is interested in our project can join in our ICO QQ group, while the discussion there is mainly in Chinese.
Antshares ICO QQ group: 573816801

Now I'm not sure which of us has poor English. Its not my native tongue either. I do think my question is direct to which I'm asking which is this project that you want us to wait til august 8?
I was expecting to see you will surprise us here for not being informed about the project worth waiting.

Yes, the antshare ICO will be officially launch on Agu. 8th. We will keep updating the progress here for international community. If you have any questions please join our channels or ask directly here.

Indian translation
https://bitcointalk.org/index.php?topic=1561377.new#new

thanks you

Good job, thanks for the translation. We will send you bounties after finishing ICO. Also, we'd like to know more feedback from the community. 

Great! when the ants began to grow with this project. ;)

Looks great, I want to know more detail about AntShares,  when I can start to exchange after the ICO?

Antshares ICO starting in a week. Check out https://www.antshares.org/ICO/Index (https://www.antshares.org/ICO/Index) for more details. Subscribe to their newsletter to get up-to-date info.

Great,i like this project.

Everything seems fine, just the value of stakes per bounty is a bit low or?! If you have 100M of coins it should be a bit higher stake?!

The bounty system has two parts: Regular Bounty and Premium Bounty. Regular Bounty is for everyone willing to contribute and take part in our ICO campaign. Premium Bounty will give you bigger rewards but it is also more challenging. The bounty system also has an early bird feature. You will enjoy TRIPLE bounty before ICO starts (Aug 8th EST 8AM) for regular bounty and DOUBLE bounty for premium bounty.
？？？？？？？？？？？？？？？？？？

Regular Bounty:

 

1.     Bitcointalk.org Signatures: 30-150 Antshares/Signature

Each valid Signature on bitcointalk.org forum wins at least 30 Antshares. You will get more based on your bitcointalk profile seniority and the number of clicks other users made through your signature (signature is linked to websites and our websites will record related information). Multiple signatures are acceptable.


Regular Bounty is for everyone willing to contribute and take part in our ICO campaign. ??? ??? ???

 

won't the number of clicks easily be manipulated by using vpn? users can really do miracles with the right motivation. they will click their links using vpn. how do you track that?

OMG，Coders who knows about blockchain and bitcoin are tooooooo expensive

Where can I find sig code for my member status?

6d 15h 58m  :o