Bitcoin Forum

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No Bounties will be held for this ICO so please don't spam with reservations in this thread.

Maximum cap is set at 10k Ethereum or the ICO will last one month approximately. Initial token price is set at 15 HRB for every 1 ETH invested into this project. Isn't the price for token bit high against fiat currency ? I feel need to see more about the project by going trough whitepaper.

From the Whitepaper:

The ICO will start at 16:00 GMT on August 1, and end at 16:00 GMT on August 31, or until the cap of
10,000 ETH is reached. During the crowdsale, you will receive 15 HRB for every 1 ETH you contribute.
If the cap isn’t reached, all funds will be returned.

150,000 HRB will be created on August 1. 100% of those are available to participants in the crowdsale.
Another 500,000 HRB will be created at a later date to raise more funds for Harbour.There will never
be more than 650,000 HRB in existence.

Of those 500,000 HRB left over after our initial sale, 350,000 HRB will be available for later sale in
accordance with our staged ICO model; another 50,000 HRB are reserved for the Harbour DAO; and
100,000 HRB will go to the founding team. These remaining 500,000 HRB will be released at a date and
an ETH price that we expect will be in close alignment to our roadmap outlined in more detail below.

What do you guys think of Harbour?

Remembered with WINGS DAO, is there any cooperation?

This seems like a nice idea, although I see some if's and but's regarding (large) tokenholders deciding everything.
How is decided when to take profits/losses? How are these executed and who is doing that? Or am I completely misunderstanding the concept? If I do please enlighten me :)

looking great and promising project, waaiting for bounty campaign

Yes, tokenholders can decide the moment when to take profits/losses, for each individual Asset that Harbour has invested in, they can decide in 10% Increments from 10% to 100% of Asset. (Sell/Buy)

There are several types of proposal. The currently defined proposal types are as follows:

1) ICO Contribution: This is one of the core proposal types. It is used to diversify into different ICOs.
This proposal has ‘yes’ or ‘no’ options. When holders vote yes, they can pick what percentage
of Harbour’s holdings they would like to contribute.

2) DAO Change: This is another core part of the project. This proposal type provides tokenholders
with the ability to change aspects of the DAO. These proposals execute automatically, and work
by changing configuration values on the DAO, such as dividend rates, proposal creation fees, etc.

3) Buy Proposal: This proposal allows tokenholders to vote on allocating holdings in an existing
Token. This functionality will work automatically through various exchanges. Holders will be able
to vote for Harbour to invest 2%, 4%, 8%, or 10% of its ETH in the Token.

4) Sell Proposal: This proposal allows tokenholders to vote on selling a token the DAO currently
holds. It is planned that this also works automatically by using both decentralized and centralized
exchanges. Holders will be able to vote to sell 10-100% of the asset, in 10% increments.

Proposal Creation Fee – In order to reduce spam proposals, there will be a fixed ETH fee associated
with creating a proposal. If a proposal passes successfully, the creator will have the fee reimbursed.
We believe this not only stops spammers from creating fake proposals, but also motivates tokenholders
to make good proposals they think will pass.


Thank you for the support, there will no Bounty Campaign though.

Why do not you put bounty as a good promotional tool?
How can you develop your project without any campaign bounty?

agree, although there is no guarantee that promotion will make a success, but at least a bounty program will build a large community, so it will attract many investors to invest

This is something that was decided beforehand by the developers, while there is no Bounty, this project really shows a lot of promise and could do very well.

15 HRB for every 1 ETH may be hight at the moment, over $12 for one HRB
I thinks need more info and long times to see before sent ETH coin

As cryptoworld is evolving and growing more and more professional traders, trading companies etc are entering the market. This has as a consequence that execution of orders will determine a big part of the return on investment. Sloppy execution will (possibly) destroy (a big - part of) ROI. In empty markets (in case of volatility), or empty exchanges (for example after outage) this may cause massive losses (an example is the flash crash in ETH on GDax, although there have been several mini flash crashes/huge spikes caused by extremely sloppy execution on many exchanges in many products).

The automatic part is a beautiful concept. I am afraid Harbour might be waiting for an accident waiting to happen by automatic execution at an inconvenient moment or circumstance. I am not trying to be negative about your project. I am actually mentioning the above so you guys might take it in consideration and try to do something about it. Or perhaps you already have it covered and I didn't read about it.

From my point of view as compare with total supply of this token which is will be very limited. This project backed by nice people behind as I think it will get sold in very short time of period once this ICO will get open for investor.

If you have a reward for the translation - I'm happy to quickly and efficiently translate the ANN to Russian language :)

Coin prices are quite expensive for 1ETH = 15HRB
quite pessimistic about the success of this project,some ICO are pegging high prices at the time of the release of the price of drop.Well below the crowdsale price

you must read dev post
harbour coin not open bounty, not open anything promotion
this mean not open bounty translation too

Hi we recognize that perfect execution is a must, we are aware of the problem you mentioned above that's why we are building a system to allow trading of big amounts with minimal slippage.

As for the price per token that is almost irrelevant what is relevant is the total amount raised  and we have a hard cap of 10k ETH ($2.2 millions) we are trying to raise as little money as possible and be responsible with our ICO model.

Price per token means nothing if you don't consider circulation for example coin A has a price of 1$ but 1.000.000 coins and coin B has a price of 100$ but only 2 coins, you can't say that coin A is cheaper. The total market cap is what you want to watch and in this case it is $2 million so quite cheap.

Is there a pre sale?

There currently is a white-listing campaign for people to be able to contribute before August 1, the white-listing closes today at 14:00 GMT you can find more information about it by joining our slack ( https://harbourdao.herokuapp.com/ ) and visiting #annnouncement channel

I  interested in this coin. How to join the bounty and is any bounty option available for the coin.

Hi, there is no bounty campaign

Can you  share the link for the whitelist here please i don't have a slack account

any air drop or bounty will be held soon?? may be?? i'm always waiting for it.. waiting for the next info..  ;D ;D ;D

Sure here is the link for the white-listing  https://docs.google.com/forms/d/e/1FAIpQLSf2RrjDjQQwrM1z7thfQyr-ydWdNXNhr7esbDobh5H04PaeVg/viewform

It is strongly recommended to carry out bounty or airdrop activities, otherwise how to increase the flow of this coin

Thanks looking forward to it

Thanks for getting back on this. I didn't write this project off just yet. I am interested though, where does the trading expertise come from in your team to build such a system

Hi, I have been trading cryptocurrencies for several years (mostly arbitrage) and i would say i have big experience in dealing with volatile and illiquid markets we have in principle already created a mechanism to trade big positions in highly illiquid markets we are currently working to make sure the system cannot be "manipulated" ( frontrunning etc )

Our code passed the security audits with flying colours https://medium.com/harbour/security-auditors-find-no-issues-with-harbour-ico-contracts-39f9be2c9086

Does the Sec thing affects you ?

Hi, No it doesn't affect us, we are incorporated in Canada and don't accept contributions from Americans or US based individuals, we are completely compliant with our local jurisdiction.

Good to hear

In light of the recent SEC investigative report, the Harbour team regrets to announce that we are delaying the launch of our token sale. Over the past few days, and in concert with our legal team and advisors, we have soberly assessed the implications of the SEC’s report as well as our own compliance. We have determined, in short, that there is just too much uncertainty within our current model to forge ahead without some careful assessment and perhaps revision to Harbour.

For those who have contributed to our whitelist pre-ICO, please note that your contribution will be refunded to you in full after August 31st. We will provide instructions to you on how to do this. For those who are looking to participate in the public ICO that was to be held on August 1st, we look forward to your contribution at a later date.

The Harbour team remains committed as ever to building a fully autonomous, democratic, and community-governed system that supports the token ecosystem. Our decision to delay our token sale stems from the responsibility we feel to the community to ensure 100% compliance. We thank you for your understanding in this matter and hope your involvement continues. Stay tuned, as there are some exciting developments and announcements that we can’t wait to share with you all.

Updates coming soon!

I tried to tell you on Slack what you could do and not do regarding ICO but you told me your lawyers were ico experts and that I was just fudding your slack.You banned me from slack then pulled your ICO because my advice was correct not your lawyers.You can apologise anytime!

I don't want to start a beef or anything and i appreciate you as a human being but your point was that the price per token should have been under 1$, something which is completely irrelevant, we decided to reschedule the ICO in order to be 100% sure that we were compliant with the new guidelines from the SEC although we weren't allowing for US citizens to contribute we felt that was the best course of action.

hey guys,
I know it's a bit late
But if you guys still need help for dutch & french or German language
don 't hesitate to contact me