Bitcoin Forum

Total supply: 10M tokens (fixed no increase/decrease)
No airdrop

Token allocation:
60% community token.
Phase 1: Early adoption, 1 or 2 month, 1ETH=1000 tokens (~$0.33/token. Marketcap $3.3M)
Phase 2: 1ETH=100 tokens
20%: Liquidity/market protection; Applications/Marketing; Community Event (eg. knowledge sharing; teaching robots).
20%: team token (Lock until 2022/Sep/29)

Why crowd sale: to secure fund for AI research of years.

Factors affect token price:
1. The token price tightly related to the value of my AI research, which I believe will become the foundation technology. Use this title for the campaign: The community fosters future AI.
2. Marketcap 3.3M. The value of the public media exposure should be well above 3.3M (estimate 100x that), creating an image for the token.  
3. Token application: (no plan yet) Usage should be AI or tech related, or leave it to future when AI can serve human society. As such we expect lots of chances for AI to compensate the community.

ICO is a dead format since 2019

I don't think it is a dead format. Anyone can make a successful ICO, if it is a real business.

ICOs are still a great tool. Sadly to see it was dominated by scammers.
ICOs should have made us all free to create and develop our ideas without any paperwork and limitations that are needed to make an IPO... Sadly, scammers took over.


You can control the price in ICO. However, you cannot force people to give you 3.3M to reach that marketcap
IMO you shouldn't worry about marketcap, as nobody can control it.

Ico has been rebranded in many form conducted by different projects. I have seen where tokens were sold out during ICO in less than an hour and within 24hours. The bottom line depends on the validity and how potential that project want to unleash. Though, proper research is absolutely necessary before one can proceed and of course it's all about risk.

@OP whitepaper are just infographics and guide for projects, the tokens may not be sold out and you cannot force it on investors neck, the market cap is subjected to changes in the future. This market is uncertain.

Depends on the project, the hype surrounding it, the caliber of people involve in the project, the type of partnership they have already secure or about to secure, all this factors and many more will determine the performance of a project conducting ico in this present times, Ico already lost the trust of people so any project planing on conducting one will definitely have to be extremely worth it otherwise it will be a waste of time on the part of the project team.

I can't tell if your whitepaper looks ok because you didn't post a link to it.
Also i think a 3,3M market cap on day 1 is way to high for a small project like yours.
If you really want to attract investors you need a good website, a good and experienced team, a usecase that makes sense and the token itself must also have a function.
For example that token holders receive a share of the fees or something like that.

NO real usage token? The why people should buy it?

Even though most of the utility tokens were used for bump and dump means you can create another one and get succeed.

I think we are done with some bullshit, white paper not guarantee at all.

Also, already seen so many projects offering an AI, AI, AI and AI but never happen all of them just turn a scam/failed project. IMO, these just a random project again waiting to be failed or scam.

Is this already the white paper of your project? there's no such a little or big ICO. An ICO is an ICO no matter the size of what you are thinking for it.

There is no need for you to do this. Why not look for certain companies that are focused to look for this research? they would love to hear your thoughts as you propose what you're doing in there.

Just too out to read through the details of the projects and there are some lapses that needs to be corrected/fix for you to successfully launch your project. ICO funding pattern has since become obsolete, I will suggest you try out alternative methods like considering an IEO with a reputable exchange/platform which will also take majority of the marketing load off your shoulders so you can concentrate inn getting a successful launch.

Also, Your token metrics needs to be revisited. If a Crypto AI is the main selling, you should consider adding more products as we already have dozens of AI projects.

Indeed. A whitepaper isn't everything, it can be manipulated and written as good as possible to ensure people if it is a promising project. In fact, it cannot determine the success of the project in the future. There are many other things to be considered as more important things such as where the tokens can be listed and the project partnerships.

---

OP, I'm not trying to say ICO era is over already, but most investors prefer to join IEO nowadays. So, the chance to gather investors through ICO is a bit hard.

But this one talks about AI which is still bit far off from the future.Then what would investors do expect about? They would need up to those years? This is why i consider this one to be shit.

The motive and plans are great but without an on point relevance or application then no one would really gets interested even how small the supply or the initial value of the coin/project.

You cant just post up your idea and tell something like this and like that and presume out that you had already convinced people to invest into your proposed plans.

Sounds easy but it wont be like that in reality.

How come you considered it as whitepaper. Anyways many were not interested in ICO now, the term ICO is long gone due to many scam accusations and attempt that many developers and project owners did in the past. Better find a investor on your area or personally without pushing the ICO and try to be listed as much as possible in a good exchange so you're project will be notice.

Well wait and see for more details if you can provide. Posting this kind of info is not convincing like telling us you will going to run an ICO project with AI of 3.3 M $ in phase 1?

I do not if that amount is too high or too low but regardless of the output you will going to make the 3.3M $ is hard to obtain and you need strong connections related to your project that could help you obtain that money. This consider as a big project and I do not think posts like this will get hype.

Was looking also where his whitepaper is? Is the OP referring to his post as whitepaper?  ::)
Obviously, he needs to forget this "project" as it seems this will be another crap ICO project.
I'm not seeing a very solid background that will truly shows that he is ready to embark the crypto business.
If he thinks that he has the capability to realize his objectives, better look for private investors and pitched this project.
We don't need another weak ICO project that will only take money from gullible users.

Thank you everyone for replying my message. I am new to ICO, truly want to listen.

(1) Initial marketcap dosen't matter. The #1 thing is sell out 60% tokens quickly. Let's do 1ETH=3000 tokens (~$0.11/token).

(2) IEO? I don't know that. Is it going to be limited to buyers within the exchange? Will IEO come with expensive listing fee? Probably listing in an exchange bring in bigger trading volume, which investors like to see. Maybe uniswap can help.

(3) About AI tech: The recent AI hype is disappointed. People talk about percentage and GFlops, but nothing of 'intelligence'. My approach is psychologically resemble human thinking.

(4) The tech giants: I did try to contact them, hardly get any response. After ICO ( thus disclose 70% of my works), they will come to me.  

This is absurd.  Even the official documentation cannot give confident guarantees.
   There have also been many projects that AI has proposed, but nothing has been implemented.  They all ended in either fraud or failure.  IMO, exactly the same project, it will either be fraudulent or fail too

I'm not sure if investors are still on the AI hype. This type of hype has died down already.


Depends on what AI research project you have, what problem it's going to resolved that it will make investors pour their money on your project?

How it is different from the rest of the AI projects that gain success or failure?


100x? Hmm, don't get ahead of yourself, as I have said, investors are getting smarter now. You can't just project and say that it will gain this 'x' growth in the future until investors are totally sold on your projects.


See, that's the problem, everything should be laid out. I will advise you to go back to the drawing board. AI are too broad of a category in the first place. Be concrete on what your project wants to accomplished.

Anyway, best of luck to your project.

I guess everyone will put down a 0.1 eth once my casino ready.   ;D ;D ;D ;D

I am confused about the title if your thread and the content. So, did you announce the coin officially ?
You should provide the links to the official website, so we can find the details of the project on whitepaper.

Haha, well, you did not provide a WP, not sure what is going on here. Just laying out basic token economics and some loose plans does not make a Whitepaper. This could maybe work in 2017 when people were throwing their money into everything, but not now, even if you plan to cash in the DeFi craze, you have to provide much more than this.

I think everything still works for whoever wants to deploy it. That scammers invaded the ICO and people lost confidence in it doesn't mean that some people don't raise their startup funds using the ICo method. Its just that the number of people that will have confidence in the ICO kind of raise are very few. Again, the AI research may not entirely be the same as what things already exists. Give people the opportunity of showcasing what views they have towards the betterment of the world.

Whitepaper quality has really gone down these days huh. I mean, that is at best a 1-pager token economics most economics undergrads could come up with on a paper napkin in 15 minutes while high on weed. But I guess that's the gist of all Defi projects these days:P

Price Different from Phase 1 to Phase 2 it's too high i suppose, Even early adopter will get benefit but i suppose you are running an sale right so i don't think it's really good especially for phase 2 Participants. Anyway today ICO was dying and basically almost all project was failed, Maybe try some IEO? Or just launch your project without sale, List on the exchange while you develop your AI things, It's more better i suppose. Well i'm not really experience too but so far i know ICO is dying so it's no good option.

Last things, how about using DeFi Scheme? Even you are focusing on AI it's good option too get more people attention.

Even if he is dong a little ICO he should not proceed we are past over this type of crowdfunding I have seen a lot of projects good projects with good potential but unfortunately they failed top get funded because they launch their crowdfunding through ICO, which is not ok for investors because they do not have protection on this kind of crowdfunding.

I don't understand if this is an announcement thread? I don't see anything interesting here, you need to explain more about your goals for the project, and you also need to introduce your team.

The phase 2 price is actually my target price. Phase 1 price is 90% off from that, kind of an airdrop but need to pay 10%. I will ask my family/friend to join for sure, and then use all my energy to propagate it.

If crowdfunding ICO fail (very few tokens sold), using Defi may fail too. Probably I will try to sell to venture companies then, at a relatively low price. or seek an IEO. Either way the phase 1 buyers should be safe. I don't think my tokens are completely worthless.