Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Quadtoken on July 06, 2017, 10:19:40 PM



Title: [ANN] [QUAD] - Drone racing team ownership - CLOSED
Post by: Quadtoken on July 06, 2017, 10:19:40 PM
The MultiGP Token Series


Hey all, due to lack of perceived interest and potential regulations for US entities, we have decided to take the MGP Token Series off the market.  It has been a great learning lesson, and we believe that the ICO market is a great opportunity for investment and cryptocurrencies, in general.

So long and thanks for all the fish!



 - QuadToken Team



Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: kaneki007 on July 06, 2017, 10:20:37 PM
reserve indonesian translation
previous translation
https://bitcointalk.org/index.php?topic=2006979
https://bitcointalk.org/index.php?topic=1995017


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: aakashsangwan on July 06, 2017, 10:22:48 PM
Whitepaper seems nice, website build is also good.
Reserve Hindi translation for me.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Sergei.Gerasimenko on July 06, 2017, 10:23:00 PM
If you will have translation bounty please pm me for russian translation


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Cean on July 06, 2017, 10:29:19 PM
Reserved Turkish translations. Please send me a PM to let me know about the status!

Previous work:
[ANN] Snapshot (https://bitcointalk.org/index.php?topic=1998995)
[BOUNTY] Snapshot (https://bitcointalk.org/index.php?topic=2002802)
[ANN] GeyserCoin (https://bitcointalk.org/index.php?topic=2002439)
[ANN] MIV (https://bitcointalk.org/index.php?topic=2006918)


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Raizou on July 06, 2017, 11:34:47 PM
Why didn't you hire someone to post your project? You're Newbie, don't pass any credibility with such a simple project, I'll read about it later, anyway, good luck! Will there be a rewards campaign? ;D


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: QUADRobC on July 07, 2017, 12:00:20 AM
Hey, thanks for the feedback!  We'll be adding to the announcement over the coming days.  In the meantime, check out our whitepaper, we would welcome your thoughts.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 12:39:10 AM
As RobC says, once we get past the Newbie status, we'll post additional look/feel graphics to the ANN.  As for now, the website and whitepaper should be a great place to start. 

Also, check out our videos if you feel the whitepaper is tl;dr:

https://youtu.be/rJRPY-PPVGE (https://youtu.be/rJRPY-PPVGE)
https://youtu.be/zIb-UFSEseQ
 (https://youtu.be/zIb-UFSEseQ)


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: jackfedross on July 07, 2017, 01:08:12 AM
Italian translate?


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 02:45:55 AM
Thanks jackfedross and others for the offers.  We'll come up with a plan for translations.  If you're interested, let us know!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: AmoreJaz on July 07, 2017, 03:04:44 AM
another ride on the ETH sail boat, not to sure about the platform intentions or the viability of the project... i guess time will tell


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 03:08:40 AM
another ride on the ETH sail boat, not to sure about the platform intentions or the viability of the project... i guess time will tell

Do you have any specific questions about the 'platform intentions'?  As for the viability, MultiGP has been a profitable growing business for 2 years.  QuadToken is building on a stable business and attempting to build ETH into the model.  We believe it's very doable!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: poiseulle on July 07, 2017, 03:26:20 AM
If need Chinese translation, PM me


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 03:58:13 AM
If need Chinese translation, PM me
Thanks!  We may need some translations in a few days. Stay tuned.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: CrackDown on July 07, 2017, 04:04:40 AM
wow..this is new, i dream about to have ac milan or real madrid. is the soccer team possibly owned by crowdfunding like this ?


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: dbc23 on July 07, 2017, 04:08:06 AM
Has this been vetted for legality in the US?  There's some fairly sticky regs surrounding fundraising and share ownership that makes ventures like this dangerous, as I understand it.

Cool idea regardless, also I think drone racing has some serious potential.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Bianxee on July 07, 2017, 04:08:30 AM
how about the team behind information and the escrow of the funds? I think it needs more information about this coin perhaps sounds interesting coin to watch .


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 04:15:28 AM
how about the team behind information and the escrow of the funds? I think it needs more information about this coin perhaps sounds interesting coin to watch .

Check out our white paper and the website. Both have more information on the team behind this as well as the escrowing of the funds. Would love your feedback once you scan through it!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: sxafir on July 07, 2017, 04:42:21 AM
Do you offering social campagin?


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 05:02:57 AM
Do you offering social campagin?

Not yet.  We may in a few days.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: jwiz168 on July 07, 2017, 05:06:05 AM
Kindly reserve Filipino translation of OP for me thanks.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 05:40:40 AM
Thanks.  We will come up with a translation strategy soon.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: ChristopherT on July 07, 2017, 11:35:36 AM
Last month DRL raised $20M http://www.telegraph.co.uk/business/2017/06/12/drone-racing-league-secures-20m-funding-corporate-giants/



Drone Racing gained momentum in 2014 with this awesome video from France.
https://m.youtube.com/watch?v=ZwL0t5kPf6E


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 03:47:44 PM
Thanks ChristopherT, drone racing is a blast and there's a big growth curve in the sport!



Would someone with picture posting status be willing to post http://imgur.com/a/kBfLa here for us?  We won't have Jr. Member status for a bit, and would love a bit of help until then!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Crypto_Rocki on July 07, 2017, 06:24:14 PM
If the total supply will be 50 000 000 tokens then this project have a huge change for success! Good Luck guys will keep looking to this project!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: ChristopherT on July 07, 2017, 07:36:46 PM
If the total supply will be 50 000 000 tokens then this project have a huge change for success! Good Luck guys will keep looking to this project!

What do you think of drone racing?


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 07, 2017, 09:12:23 PM
If the total supply will be 50 000 000 tokens then this project have a huge change for success! Good Luck guys will keep looking to this project!

Yes, the total supply of tokens is 50m.  There will not be any more tokens created.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: RaiTz on July 07, 2017, 09:32:23 PM
Nice project, would like to reserve the portuguese translation.


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: konstant111 on July 07, 2017, 09:51:22 PM
Whitepaper seems nice, website build is also good.
Reserve Hindi translation for me.
I completely agree with you, very much even not bad, I think it will be good, I expect any news about the project :)


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: tippytoes on July 07, 2017, 10:41:29 PM
This one seems a valid project after reading their whitepaper and checking the team. And the fact that owning a sports team is like for elite and rich individuals only. Now you can have your shares and be called as one of co-owners. That's a nice idea! Way to go Quad team!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 08, 2017, 03:07:15 AM
This one seems a valid project after reading their whitepaper and checking the team. And the fact that owning a sports team is like for elite and rich individuals only. Now you can have your shares and be called as one of co-owners. That's a nice idea! Way to go Quad team!

Thanks for the vote of confidence!  We're really excited and hope we have something unique and fun here!


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: frankkkkkkk on July 08, 2017, 03:32:43 AM
 Good idea,buthow to ensure the profits of investors?


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: cijulangboy on July 08, 2017, 03:35:42 AM
waiting update more about bounty social media


Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: Quadtoken on July 08, 2017, 03:52:08 AM
Good idea,buthow to ensure the profits of investors?

Great question frankkkkkkk.  We will be working hard to create value in the tokens.  Shared fate will motivate our team.  Engineers and staff will have tokens, themselves, locked into long term contracts, so it will be in their best interest to increase the value of the token.  If token holders win, so does everyone.

There are also two qualities of the token that will aid in increasing its value.
1.  Non-inflationary.  There's a static limit of tokens.  There will only be 50m ever produced.
2.  Demand Increase. based on industry.  As the drone racing industry expands, as the Token Series grows, more people will want tokens to participate, and tokens will be required.




Title: Re: [ANN] [QUAD] TOKEN - OWN A SPORTS TEAM WITH ETHEREUM
Post by: QUADRobC on July 08, 2017, 04:21:20 PM
Has this been vetted for legality in the US?  There's some fairly sticky regs surrounding fundraising and share ownership that makes ventures like this dangerous, as I understand it.

Cool idea regardless, also I think drone racing has some serious potential.

Excellent question.  We are carefully structuring ownership to avoid regulatory issues.  Ownership of a team is strictly within the confines of the MultiGP Token Series Platform.  Similar to ownership of an NFL or MLB team, we are not giving away ownership of MultiGP itself.  Instead, we are delegating key decision-making in specific areas to the "owners" within the platform (see the whitepaper for specifics). 

That being said, cryptocurrency and blockchain technology is a new frontier.  The technology is definitely outpacing the legal system.  Even though we have given a lot of thought to the structure of ownership within the Platform, it is very possible that we may need to rethink some of the elements in the future if the regulatory landscape changes.  Hopefully this won't mean stripping some of the features of ownership, but we can't deny that as a possibility.  If that happens, we are confident we can still shape the features of the Platform to offer a fan experience that is unparalleled in any other sport.


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: Quadtoken on July 08, 2017, 09:58:53 PM
We are looking into advertising campaigns and other ways to get the word out.  Please let us know the best ways to do this!


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: kaneki007 on July 08, 2017, 10:00:00 PM
We are looking into advertising campaigns and other ways to get the word out.  Please let us know the best ways to do this!
any bounty for translation?


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: ChristopherT on July 09, 2017, 11:40:59 AM
2017 MultiGP US National Championship http://www.kkoh.com/2017/06/22/exciting-drone-competition-at-this-years-reno-air-races/


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: ChristopherT on July 09, 2017, 04:05:14 PM
Here is a video of drone racing in 2015. https://youtu.be/biLUytpv-8I


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: imutlinda on July 09, 2017, 04:10:09 PM
Here is a video of drone racing in 2015. https://youtu.be/biLUytpv-8I
i dont know why but i love this video ! :)
Goodluck for your project sir,and waiting for bounty information ;)


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: ChristopherT on July 09, 2017, 04:24:20 PM
Here is a video of drone racing in 2015. https://youtu.be/biLUytpv-8I
i dont know why but i love this video ! :)
Goodluck for your project sir,and waiting for bounty information ;)

If you liked that video, check out this footage from a race in 2016. https://youtu.be/mzGZuiNEXs0


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: fennyllywof-7700 on July 09, 2017, 04:37:44 PM
You guys are based in the US and you are doing a token sale?

Calling the SEC on your asses now.


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: ChristopherT on July 09, 2017, 05:04:15 PM
You guys are based in the US and you are doing a token sale?

Calling the SEC on your asses now.

What exactly would be the complaint?


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: QUADRobC on July 09, 2017, 05:14:29 PM
You guys are based in the US and you are doing a token sale?

Calling the SEC on your asses now.

Based on our legal research, we do not believe QUAD tokens are securities, and so we do not expect any issues with the SEC.  Because cryptocurrency is so new, many legal questions remain unsettled.  Future regulation is always a risk, but we believe the Token Series is conservatively structured to be compliant with any likely SEC or FTC action.  If the landscape changes, we are ready and able to adapt our structure to maintain compliance.


Title: Re: [ANN] [QUAD] TOKEN - Drone racing team ownership w/ Smart Contracts - July 22
Post by: ChristopherT on July 09, 2017, 11:19:53 PM
Here is another relevant article about drone racing being the sport of the future. https://www.google.com/amp/s/www.theverge.com/platform/amp/2016/2/13/10982868/drone-racing-sport-broadcast-of-the-future


Title: Re: [ANN] [QUAD] Pre-Offer - Drone racing team ownership w/ Smart Contracts
Post by: ChristopherT on July 10, 2017, 09:44:36 PM
Here is a MultiGP race recently held in Malaysia. http://www.thestar.com.my/tech/tech-news/2017/07/10/flying-without-wings/


Title: Re: [ANN] [QUAD] Pre-Offer - Drone racing team ownership w/ Smart Contracts
Post by: KeyMaster on July 21, 2017, 09:22:35 AM
Do you have updates? slack? telegram? would like to know if there are real person devs here. btw, tomorrow is your crowdsale but seems you lack promotion. I like the project but it seems there is no progress in the project. please follow up. Twitter only has 1 post. why?


Title: Re: [ANN] [QUAD] Pre-Offer - Drone racing team ownership w/ Smart Contracts
Post by: Quadtoken on July 22, 2017, 05:56:03 AM
Do you have updates? slack? telegram? would like to know if there are real person devs here. btw, tomorrow is your crowdsale but seems you lack promotion. I like the project but it seems there is no progress in the project. please follow up. Twitter only has 1 post. why?

Thanks for the interest KeyMaster.  We have decided to push the crowdsale till August.  This is due, in part, to not having good promotion yet, as you point out, the bitcoin instability due to SegWit, and needing to get our crowdsale contract available for scrutiny and enough time for people to respond to it.  Our new date is now Aug 22.  One month from now.



Title: Re: [ANN] [QUAD] - Drone racing team ownership - CLOSED
Post by: Quadtoken on August 06, 2017, 05:02:11 PM
As stated in the changed announcement, we have closed the QuadToken sale.  See announcement for more info.