Bitcoin Forum

Hi, as I understand you are going to build your network and marketplace with devices. But what is the economic model and what do you offer for investors?

Hi guys! Do you plan any bounty program? I would love to start with this because I need to study your concept in more detail. Now I don’t really understand why your project will be claimed by ordinary users.

The security of personal data at the moment becomes a more pressing issue. Only recently, Facebook got into a scandal because of a million data leakage.
I think it will be all the more relevant every year. And imagine what damage they can do if they hack access to a smart home?

It's hard not to agree with you, but I am sure that this is an investment in the long term. I think users will be able to earn good money if they keep tokens for at least a year.

Is this a new topic? I thought you have a more detailed topic somewhere else? Why is that?

I also saw something like this before but I'm not sure that it was precisely this project. But in General, everything looks pretty promising.

Yes, in the long run, it's just a great project. But everything will depend on the work of the team and on how this project will be implemented.

But this is the right strategy, but as a matter of fact in the future, projects should carry real benefits and get rid of the speculative component. and therefore I think this is an interesting concept.

but let's see how the team can do it all. Now I do not see any results from the team. I also think it would be an act of participation in international conferences.

Well, in any case, that it was claimed it should be as cheap as possible. But the idea itself is really worth considering the fact that the smart home market will grow.

strange. You can see their blog in the medium and other social networks also work. So I do not understand what the problem is.

Yes, now we see a lot of interesting materials. But in fact, it’s still hard to understand what services this project will provide. I think everything will become clear only after the launch of working prototypes.

Can I get on the white list now? and when will the sales start? I would like to understand how it is most profitable to buy tokens and what discounts can be obtained.

I think it's too early to talk about it. I would like to see the community’s demand for this project before drawing any conclusions. Have you done surveys with smart home owners?

You can see the roadmap on the site. This is a long-term project, but the prospect is of course immense as it has real benefits for people.

Yes, it is terrible to imagine what would happen if a smart home is hacked.  Thus, you can cause a huge damage to the owner.

white paper link goes to this:

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A great project, useful, I think that such a breakdown of which you are talking above is unlikely to be possible, even if it is possible, then such things are done by units that will quickly bring to justice

let's see. and according to the roadmap, the implementation time is quite long.

how much will this service cost to users? And what will be the cost of this adapter?

well, I think it's too early to say. they need to collect a soft cap at least and then draw conclusions .

Russian Translation Reserved

Hey. Tell me what will be the cost of your devices? Have you already thought about this? and will there be a monthly fee?

as I understand the business model is not yet fully formed. now there is only a concept that is not yet fully formed.

Well, all the same I would like to more understand the commercial component. because this moment is important for investors.

You can read in white paper and understand that investors will be able to earn very well, but only if everything written in white paper is written.

What services will you provide besides the marketplace? Will you have your application for android?

I understand that this will be a universal application for controlling all devices in a smart home.

I think that in a smart house everything will be thought out to the last detail and its service will be carried out by special services .

What special services are you talking about? I think the users themselves will choose all the services they need.

probably means food delivery cleaning services and the like. But I think in big cities this will not be a problem.

tell users to pay a monthly fee for using these services, or how it will work?

Yes, I would also be very interesting. As I understand it will be a marketplace with devices, but I don’t know whether there will be a subscription fee.

As far as I know, there is still no final economic concept. So it only remains to wait. But the prospect of the project is huge.

Of course, he has a great prospect since the project can be easily scaled. and this is a huge plus.

Are there any discounts for token buyers at the moment? And do I need to go through identity verification procedures to purchase tokens.

the site has a form for registration and it is pretty simple. So if you are interested, you can look at the site.

Just a great project in the long run. Maybe let them first just develop the platform and then see if it is great or not? Could be the better way to go about this.

I think so too. To begin, the team needs to show some results. and after that, to draw some conclusions. This will be the right logic for all of us.

But at the same time, the early investors get the most money, but they also risk the most. so everyone should draw conclusions for himself.

In order to understand how the project will work , the team needs to show on some examples all the possibilities of a smart home . And I'd like to know if there's a bounty program ?

Results are the measurement for all of us. We can promise many things, but in the end it comes down to what we deliver.

I think in the long term it will be possible to make X 100 but you will need to keep the tokens for about 2 years and not all are ready for this.

I wouldn't jump to conclusions. the project at least needs to collect a soft cap . And also we can not know what will happen to the cryptocurrency market in the coming years.

as far as I know the project is registered in Germany. but I've never heard of patents. Although it is possible the adapter will need to patent.

let's see what the team has to say about that. as I understand the project is at the very early stages of development and it is too early to talk about such things

you can see the market research. This market is growing very much every year and the project will be implemented at least a year.

People who have already bought smart home equipment will be able to use this platform? or will they need to buy additional equipment?

as I understand the discount is now 10% and no more discounts are planned.  So what kind of discount you will get.

This is a good plan in the long run. Because tokens will be associated with the real economy and real business. But it is many investors who want instant profits.

TVs without screens, consoles, ancient dvd-players and other garbage is what u are eligible to find in my house if u decide to sneak in to have a peek at what goodies I store inside. No worries, u dont need anything besides maybe a proper installation of Symplysafe system, to protect ur house against burglary. Ignore cryptos promising to accomplish things u can easily accomplish on ur own.

With a $ 24M softcap minimum, is it not great? I think with that achievement it is very difficult to achieve, now 23,472,984 tokens have been sold almost $ 2M and collected in my opinion that is enough for the development of the project.

Russian Translation Reserved

"VECAP" has collected $ 2 million? if the softcap is not reached, the project will continue to run or return investor funds?

security automation on blockchain one of the futuristic applications built on blockchain with token sale hopefully this project may see huge success

I think that such a project will be implemented in any case. The only thing that the implementation period may be delayed for a long time. since they plan to produce devices.

I think $ 2 million is quite enough for the project. at least for this money, you can start the network and release an application for managing a smart home.

I seriously doubt that building your own blockchain for this is the most cost efficient way to secure the smart houses. And since it most likely will be obscure blockchain with only few miners, the possibility of the successful 51% attack grows exponentially.

I have not read that they will use their own blockchain. This will be an erc 20 token.   so I did not see any information about the fact that they will develop their blockchain.

Understood. But then I would like to understand how the decentralization of this project will be organized. if there is no mining or knots. the network should be as safe as possible because it is the reputation of the project.

well this market will develop and I think it will be very useful for users. I will follow up on the implementation. while the team will not show the result that it is difficult for me to say something.

I have already seen the first renders of the app. And I must say that it will look pretty interesting and convenient

it looks good. But still there can be a lot of difficulties that will prevent the implementation of the project.

project. looks interesting to me. I think that I will be able to buy tokens for myself in the near future because I believe in growth in the long term.

well, we do not know what will be the situation on the market in a year.  to do this, at least believe in the growth of the entire crypto market.

there is another point, the market for the Internet of things is growing very strongly every year. and even more important.

now I have not seen any competitors for this project. But on the other hand, perhaps they think that this market is not in demand among users. it will be necessary to study the issue in more detail.

in any case, if these services will not be very expensive, it will be possible to create a very large coverage around the world and generate a huge profit.

still, I would like to see the real work of the team before buying tokens. Because I have seen a lot of technological projects but unfortunately they were not implemented.

well many startups raise money having only an idea at their disposal. But investors who invest in the initial stages can make X 100 pretty easily.

To do this, you need to be as confident in the work of the team. That is, I would like to have a guarantee that the project will be implemented, but I understand that this will not be in such cases

what was Pre-Ico price?

Our Pre-ICO price is 0,12 USD

Is the price already discounted or not yet:? Just would like to understand for yourself whether you can still get any discounts?

do you plan to involve additional advisors in the team at these stages? as well as blockchain developers.

well, that would be logical, don't you think? I think this is at least a strange question....

but now, many newcomers on the forum who is in fact not really developing in regard. but I am very glad that they are interested in cryptocurrency.

Yes, it's good that there is a high interest in startups. Especially now it is better to pay attention to startups that are associated with real business. And I am glad that this is one of them.

well, with this situation on the market you are right and will need to choose projects that will provide real services to the public.

Hey. tell me what practical features will offer the project to users? and what will the tokens be used for in this network?

and what products will be sold in the marketplace? and will users get some insurance and warranty?

I didn't see any information about it. if you have looked at the roadmap, the project implementation period is about 2 years, so it is too early to talk about it at these stages.

I'm just wondering what happens if they don't pack a soft cap. whether the project will continue development or will be rolled up.  That's not clear to me.

when the project admin release bounty work eagerly waiting for bounty translation service

the project looks just fine, I think the price will be on top after the first device will come out. but you need to understand that this is an investment for a long time.

well, in any case, it's a plus that the devices will be launched this year. I think I will monitor the growth of this project.

and when will the listing be ? have there been any announcements and who are currently negotiating with? I'd like to know about that.

i ever think and planing about this idea, smart home.
but, can you explain what product do you sale in market? the house, or only house controler such as lock door?

as I understood this will be software+ network + special devices for smart homes.

If yes include devices, how about shipping? I guess many people in the world will be interest with this, I hope the team will build partnership with shipping project such Bitnautic etc.

you may be right, but I haven't seen any official partnership statements yet. so we will wait for the official statement from the team .

Hey. saw the team was at a conference in Germany. this is of course a great positive for the whole project. I think that's a good start.

well, it will be huge project if they serve a hardwere. but, they need strong partnership to do.
by doing their self research and development will take long time and community will leave the project if they haven't strong partnership

and you will need to get a lot of licenses and patents for this and be audited so that users are sure that the project will not use their personal data.

Hey. the project is very interesting. I think that the price will rise immediately after the release of your devices as the tokens will have a large liquidity.

well, it's good that the devices will be released this year.

by the way here are a few photos from the conference in Berlin.

Our headquarters have just visited Hub Berlin (🌐 hub.berlin). Check out the photos below. Hub Berlin is one of the biggest interactive business festivals in Europe involving digital movers and makers.

We attended the festival to develop existing business network & find new partners for VeCap project. VeCap and Hub Berlin are proving once again — there are no boundaries for digital technologies. Decentralization and modernity in their purest form!

Check out the coolest pictures from the conference and keep up to date with our updates.

https://pbs.twimg.com/media/D3y5QsIWsAEmTEG.jpg
https://scontent-frx5-1.xx.fbcdn.net/v/t1.0-9/56806436_445329572706541_7612506013748428800_n.jpg?_nc_cat=106&_nc_ht=scontent-frx5-1.xx&oh=5e8ec0020d3c5a683cac772e54579b4a&oe=5D38E799
https://scontent-frx5-1.xx.fbcdn.net/v/t1.0-9/56757506_445329652706533_1092352041847619584_n.jpg?_nc_cat=110&_nc_ht=scontent-frx5-1.xx&oh=41c7b36eeda36380a93715b61f9d16b3&oe=5D3ADBBC

abruptly. it was a very serious event.  I think that they will be able to find major investors and partners in this way.

perfectly. I am glad that the team visited such conferences. I think that this increases the confidence in the project and will help to find large investors.

I think this is a big plus for the team and I think that the trust of investors will be higher thanks to such events.

I have already made a decision to buy tokens, but in any case I am pleased that the company is already taking part in such events.

tell me when the tokens will be credited to the exchanges and when I will receive tokens from airdrop? That is, I would like to understand when I start trading.

you can see the road map on the website of this project. as I understood full implementation will be in 2021-2022 year.

certainly, there are a lot of things going on in this kind of project. there's more to this than meets the eye! i just hope the team already organise even half of those things under this program.
otherwise, small time investors should be prepared to see their investments for a long period of time
their target clients for these products are not just ordinary homeowners but individuals who have highly advanced system at home.
so they need to tap those potential clients and let these owners know their existence in the market.

in any case, the implementation will be very long and we must understand this. the implementation period will be very long.

yes, i agree.
at least, to prove their work and plan, they can show the prototype of their product. it will attract more people to join i think

well, according to the roadmap, they will present working prototypes in the second quarter of 2019. so I think we can wait for these moments.

well, the only plus is that you can get a discount now and have an advantage on exchanges. But the risk of course more.

the project looks interesting, but the amount of soft cap is very large and I think it will be quite difficult to attract 24 million in this market.

well, as I understood they have collected more than $ 2 million and it is essentially a good result. But I still do not understand whether the development of the project will continue if it does not collect the necessary amount.

from one point 2 million is a good starting point, and probably some development could be done with such a fund. But if it is not finished because of lack of funding - those 2 millions will be just a loss.

but in fact, a soft cap is very large and I do not know how realistic it will be to collect it in such a market.

well, I would like to understand whether the project will be launched if it does not collect 24 million dollars or not?

well, if they're going to make devices then I understand that amount of soft cap.  because any development costs a lot of money.

the project looks very interesting and I think that it will be of real benefit to society. at least I'd like to believe that the team can do something useful.

well, they already have a reputable team and publications in Forbes. so I still tend to trust this project.

Yes, publications in such media clearly impress me. in any case, I will monitor how it all works in practice.

well, wait. let's see how it all works. But in any case, I would like to wait for the launch of the software and see how the devices from the company will look like.

nice project. I think the market of smart homes will develop rapidly in the near future. so maybe the team starts on time.

Hey. how many tokens can I buy at the minimum at the moment? and is $ 0.12 a discounted price or not?

as I understand it is the price together with a discount of 10%.  in any case, it is not a very big discount on the exchange is more volatility per day.

well, truly saying 10% volatility does not happen every day.  Not a discount should attract people to the good project, but trust in it.

But I'm not really happy that it will take a very long time. since the physical production is certainly a very serious matter.

"We’ll use smart contract transactions to secure all internal communications within your home system."
- so, if I'll ask 'Alexa, make a coffe', I'll have to wait 25 minutes until transaction mined and confirmed? :D
Will I have to pay a transaction fee for this as well?

they will use 2 types of tokens. one as a means of payment and the other for interaction between devices inside the house. So there will be no commissions.

interesting concept. I think it will be in demand among users. But I would like to know in more detail what devices they will produce on the market.

this price is already discounted. that is, it is now the most profitable offer from the team. So if you believe in the success of the project you can support it now.

i dont think it will take long time confirmation, since there are blockchain like ethereum that produce block every 15 second.
and, devs will not use blockchain that need more than a minute confirmation for this

maybe you're right. I liked the participation of the team at the conference in Berlin. I see that it will be a real business that is able to help people.

they are now developing their own blockchain. But when it will be started I at the moment don't know. So I will monitor the growth of the project.

in any case, the project will take a long time. so you need to understand that this is essentially an investment for a long time but with a huge prospect.

well, own blockchain is a pretty serious statement. I am very interested in this because such projects deserve attention.
I will study the team in more detail.

I would like to understand what devices the company will produce? It will be a universal adapter but will it be smart speakers displays and more.

in any case, they will work with third-party equipment manufacturers and certify their products. So there will be a lot of goods in the marketplace that can be bought for tokens.

it better than develop their own product, cause need more time and cost. if they partnership with equipment manufacturers, they only need to make a prototype of product i think

We are excited to announce that VeCap (VC) will take place on Coineal Launchpad starting on
8:00 June 6 (UTC) and ending on 8:00 June 12 (UTC).

https://www.coineal.com/notice-info-579.html?page=1#en_US …

After the end of presale, VeCap (VC) will be listed on Coineal.
The confirmed date will be announced later!

What do you mean by "rapidly"? I think for the younger generation it might develop at a good pace, but think about all the older people. I don't think they will implement a lot of smart technology.