Bitcoin Forum

First :) Interesting, going to read more on this and probably get in on the ICO.

This looks good, this looks very good.

following for updates.

You have a great idea in a crowded market. I see major regulatory issue for the people raising money. Best of luck!

great project!

We have some big news coming this week. Stay tuned!

No big news even after weeks.Is this project still alive or has it been abandoned?

Hello all,

We are the ICOrating team.

We’re creating the most detailed database of every company that is having, or planning to have, an ICO. We’re also developing ratings and analytical reports that will increase potential investors’ awareness on such companies.

We’re happy to announce that Equibit is now listed on our website. Check it out here http://icorating.com/project/33/Equibit (http://icorating.com/project/33/Equibit).

Decentralization aside, it could be difficult to compete with some of the well funded exchanges. Blockex and the one by Overstock.

nice work ,keep your step .

Decentralization aside, it could be difficult to compete with some of the well funded exchanges. Blockex and the one by Overstock.

Equibit is going to be next ETH.This project looks legitimate and unique.I will be keeping an eye on this and hope to be one of the first investor  :)

Normally I am a lurker but I registered just to say that this looks very promising. It is exactly the type of application that the blockchain was built to thrive in. Looking forward to the ICO, I will be getting in for sure.

suggest posting project progress everyday or every week and Potential investors will know the progress of the project。

So the first 100,000 tokens will be sold for $2 and price will increase after that? How will these tokens be distributed once the ICO opens? On a first-come first-serve basis?

I signed up in the ICO website but cant login. Also tried resetting my password but it gives me an error and still cant login.

Very interesting project!
I have some questions regarding ICO:

- will/can EQB be traded at online exchanges like poloniex, bitrex, etc.
- how can I hold my EQB (wallet, online platform, ...)?
- how can I take profit as (ICO-)EQB holder (e.g. trading EQB, ...)
- are there any other income streams for (ICO-)EQB holders besides selling/trading their EQB (dividends, etc.)?

Thanks a lot!

Really good questions!

I have one about the ICO: as the coins will have its price increased each 100.000 I am worried about the disadvantage of a person using Bitcoin vs credit card. How the system assigns the price per token to someone who hasn't confirmed yet his/her bitcoin transaction?

Best,

To answer some of your questions:
- EQB will be traded at exchanges, we are in discussion with them
- at purchase, a web wallet will be created for you where your EQB will be stored, this notification will be sent to you as a transaction confirmation where you will then be able to set your password
- as an EQB holder you would be entitled to any dividends that are issued by companies who launch on Equibit

Really good questions!

I have one about the ICO: as the coins will have its price increased each 100.000 I am worried about the disadvantage of a person using Bitcoin vs credit card. How the system assigns the price per token to someone who hasn't confirmed yet his/her bitcoin transaction?

Best,

Thanks for your answer!

Just to be clear regarding dividends:
If I buy some EQB during ICO and hold them I will receive dividends (from any company who launch Equibit)? Or do I have to hold "special" EQBs that are signed by companies?
Maybe you can also elaborate on how dividends are calculated (regarding token holders), because I could not find anything in your papers.

I'm very interested to join this great project! Many greetings from Austria, Christian

Hey,
Great question! There arent any disadvantages to using cc and using bitcoin. Essentially the EQB/BTC price is fixed using a trailing USD/BTC 24h average blended from several major exchanges so once you hit the "Buy" button, the price is locked in and you must make their payment in about 5 minutes or lose the reservation.

Equibit is going to be next ETH.This project looks legitimate and unique.I will be keeping an eye on this and hope to be one of the first investor  :)

Really pleased with your answer. Just letting you know that I'm going to ask for a day off in my work just so I can wake up at 04:00 AM GMT so I can be ready for the ICO when it starts  ;D

That's dedication! I appreciate the support. Hopefully skipping out on work won't present too many problems for you :)

intresting reserve for new one :D

btw will have bounty for the future ?

thanks

Why is price for Equibit so high and starts with $2? Normally the price is calculated by money collected during ICO to number of tokens issued?

Anyway why this ANN ICO make in Bitcoin project development section? What is different with Altcoin? Can you explain it?
I suggest to move this thread to Announcement (altcoin) section to make more people know if this is a new ICO project.

Best regards

That's correct. You wouldnt receive dividends off the bat until that EQB is signed to a company. 

My apologies. If the community feels that it would be better suited there then I have no issues with having it moved.

At the moment we arent running a bounty campaign but in the future we may decide to go that route. You will be the first person I get in touch with when and if that happens.

i think bounty is necessary for project that can promote project quickly

I think it only attracts bounty whores and crypto crybabies looking for a quick profit, if the ICO is capped and good it won't have a problem reaching their target (look at Golem, it was sold out in what, 12 minutes?)

Best,

only god and Golem‘s team member knows whats happened, what do you think? lol

unfortunately , Equity team still have no any weekly progress report here ,its so disappointed 。

And how do I get my blank EQBs signed by a company?

And how do I get my blank EQBs signed by a company?

please elaborate on that, thanks!

Ok, not trying to FUD but this worries me: http://equibit.org/post/investor-opportunity/

So you were offering 200.000 preferred shares for USD $0.50 each to be redeemed for an equivalent number of the pre-mined units.

Care to elaborate what happened?

Hi, Lisa from Vanbex here.
Regarding your question, that was the very first offering they made which was in 2015 and closed successfully after 30 days. A single investor bought the whole thing and they took common shares instead. Details about that funding round were published here: http://coinjournal.net/equibit-development-corp-close-funding-round/

Hey Lisa,

Thanks a lot for your reply, it puts me at ease, I'm trying to do the due dilligence with this project.

Best,

Interesting project and looks like there is a lot of talent on the development team.  I like that any level of investor is the target for the market, I will be marking this and checking back on it later.

I will read up on it, the video was a pretty good explainer but will read more on the website.
I'm sure I'll have some questions otherwise it means you did too much of a good job at explaining everything which could be a possibility.  :D

Once a company signs/issues on EQB if they choose to pay dividends, they will know your dividends address and transfer value to you based on the issued EQB you own.

100k coins per round, I guess it is too little, first round is only for $200k? Actually if I want to be all-in your project, I can afford the first round of $200k. IMO you can lower the price and offer more tokens, let more people can join the investment

then I don't really understand what I can do with EQBs bought during ICO (as they would not be signed as I understood) except selling at exchanges.
or is there a possibility to turn my ICO EQBs into signed ones.
what would be the workflow of turning my blank EQBs into signed (and dividend paying) EQBs?
short feedback is very appreciated, thanks

hi - Like it.

Can we discuss the way Equibit pays out dividends ?

It says in the OP you can make a BTC denominated payment to Equibit shareholders.

How is this accomplished ? Who has access to the actual BTC ?

It can't be done by a majority vote of the Equibit stake holders - no ? Someone has to actually have the keys that access the BTC and will there need to be trust that he doesn't just run off with the money ?

Even if I own 95% of a certain company via Equibit, I have no access to the actual BTC coins ?

Or am i missing something ..

A company that issues their shares on EQB can decide to pay out dividends.
Because Equibit has cross chain functionality, BTC is able to be sent from the issuing company directly to the holder of those signed EQB's.
You would receive them via the Equbiit web potrfolio (wallet)

A company that issues their shares on EQB can decide to pay out dividends.
Because Equibit has cross chain functionality, BTC is able to be sent from the issuing company directly to the holder of those signed EQB's.
You would receive them via the Equbiit web potrfolio (wallet)

Why is price for Equibit so high and starts with $2? Normally the price is calculated by money collected during ICO to number of tokens issued?

Not all ico price based on how much fund has collected during ICO, many ICO giving a fix rate for their token.
What happen with unsold token?
Do you have allocation token, how much for development and for bounty?
There is bonus for early investor?

Interesting, tell us a little bit more about this web wallet, will it support 2FA? Not a fan of having my coins/tokens online, as it is a bitcoin fork, is there any chance to be supported by (for example) ledger nano s?

Also, are there any conversation with cripto exchanges (poloniex et al.)?

How are you going to market the product? I saw a little bit of press coverage here and there but I'd like to know what are your ideas regarding marketing.

One last question, have you guys ever heard of ICONOMI? (wink, wink)

Best,

So some EQBs will be worth more than others depending which companies sign with EQBs?

• Of the 22 million EQB, how many have been pre-mined?
• How many are owned by the team, how many are going into the ICO?
• At what rate will future EQB be created?

It seems that you didn't read the ICO terms and conditions at all... ICO is for 1 million coins, 10 tiers of 100.000 each and price will be incrementing up to almost 14$ per coin.

So yeah, have to wake up early if I want to get it a good price.

Best,

So some EQBs will be worth more than others depending which companies sign with EQBs?

Once EQBs are signed by a company, they are no longer regular EQB's that are traded openly.

• Of the 22 million EQB, how many have been pre-mined?
• How many are owned by the team, how many are going into the ICO?
• At what rate will future EQB be created?

1M tokens will be premined.
All the remaining tokens will be going to ICO.
Future EQB will be created every 10 minutes according the block time with 50 EQB as the block reward, halving every 210,000

I have exactly the same concern - please clarify

We are aware of Iconomi but unlike their model of portfolio management, we are actually allowing companies to issue their own equity on a blockchain.

I didn't expressed myself cleary, so I'll rephrase the question: do you know something about ICONOMI's performance fund? (again, wink, wink)

Best,

I didn't expressed myself cleary, so I'll rephrase the question: do you know something about ICONOMI's performance fund? (again, wink, wink)

Best,

Does the Equibit team have any EQB? This didn't really answer my question. There are 22 million total EQB. Is it correct that 1M are being pre-mined for the ICO? That appears correct with 10 tranches of 100,000. This means the remaining 21M will be created similar to the 2009 bitcoin reward schedule.

Please clarify.

@Equibit U wanna say that iconomi werent giving green light to third party entities wanting to build their corporate chains on top of iconomi infrastructure. U are misinformed to shits.

I am not sure what you are asking. Can you specify what you think our relationship should be with Iconomi? Like I mentioned previously, our model is different. If you are suggesting that Iconomi use EQB to launch their token then it would be a perfect fit, however we require companies to be registered and legally incorporated in their jurisdiction.

Would be interesting if iconomi invests in equibit.org

Without escrow investment in any ICO would be risky no doubt they are talented persons but we need security first for our invested money. Better ask for escrow before make any investment.

Is this true? There is no escrow? If so, can you please elaborate on why this is?

I was planning to invest but without escrow I think I wont

yeah too risk if we invest on some project without trusted escrow member from this forum because safety first
i suggest you to use escrow for this ico, goodluck

EDC & EDR  ::)

I agree with the opinion above, without escrow investing in unclear candy wrappers willbe dangerous. And the price is too overstated. The actual cost will be determined by the market. And, most likely, the price will be x10 less then ico-prices.

That's my worry too. An escrow really is a must and if I'm not mistaken the ico price is about $2. I'm interested but I'm gonna check this out from the sidelines.

If he doesnt have an escrow, its safe to left him negative ratings. Everyone who comes up with a newly made wonky coin should at least have an escrow if he / she wanna people to take him / her seriously.

Saw this thread in the Iconomi thread  ;D Same as Iconomi?

I don't think that without escrow the investment amount will be high. If only from bct-newbies that read nothing, and hope for freebie. These type of investors like to participate in "black holes", like Lithium or Taskie ;). So let's wait for information.

Have you even read the information available yourself? There's a great whitepaper and the ICO terms are already set. You're too stuck in the Altcoin universe. I find it hard to believe a company which has raised $150,000 and is valued at $3 million would need an escrow.

ICO T&C: http://equibit.org/equibitico.pdf

OK, so ico beginning soon, and we will wait for a putative escrow.

also equities are a highly regulated area in the financial world, the idea is good, but the result incertain;

will the stocks traded already trade on a classical bourse, or will they be entirely different stocks ?

If he doesnt have an escrow, its safe to left him negative ratings. Everyone who comes up with a newly made wonky coin should at least have an escrow if he / she wanna people to take him / her seriously.

Why are you not using escrow? is this similar to ICONOMI?I think not using an reputed escrow is the reason this has not gain many investors.

I guess the question is, of the 22M EQBs how many will a company want to sign for a distribution? I mean rather than buying and signing hundreds or thousands of EQBs, why not just buy 1, sign it, and then distribute 0.00000001 to everyone instead. Seems like a cheaper way to do business.

How is your CEO pre-selling EQB on the side at various tech meetups?

Is this true? There is no escrow? If so, can you please elaborate on why this is?

I was planning to invest but without escrow I think I wont

Without escrow investment in any ICO would be risky no doubt they are talented persons but we need security first for our invested money. Better ask for escrow before make any investment.

yeah too risk if we invest on some project without trusted escrow member from this forum because safety first
i suggest you to use escrow for this ico, goodluck

Why are you not using escrow? is this similar to ICONOMI?I think not using an reputed escrow is the reason this has not gain many investors.

This project is trading plaform, right?

These questions may have been lost in the escrow talk...


EQBs function like a blank stock certificate before they are signed, after they are issued by a company they would then be assigned a value. Because EQBs are divisible it would allow someone to buy 1, sign it and then distribute 0.00000001 worth to everyon. This is possible.

As the project seems to have attracted a lot of attention and interest already, there is likely a large number of people wanting to participate in the ICO, is the ICO platform ready for a rush of buyers, hardware wise? A crashing platform could stir up feelings among potential buyers.  :)

This is the clone of R3D (https://bitcointalk.org/index.php?topic=1141617.0). Made by the same people and is likely to follow its destiny. If ure not aware R3D was a bittrex ico capped at 1K btc that came a cropper and resulted in a refund. This one will come down the same pipe. Chime in and put ur money where ur mouth is, u will incur a loss and wont ever recover from it.

Proof?

So what happens if 2 people send btc at the exact same second? Considering the fact that distribution is linear and pretty limited

if indeed the term non refundable applied as written in points 14 on ICO T&C: http://equibit.org/equibitico.pdf

14. All Purchases of EQB Are Non-Refundable
ALL PURCHASES OF EQB ARE FINAL. PURCHASES OF EQB ARE NON-REFUNDABLE.
BY PURCHASING EQB, THE  PURCHASER  ACKNOWLEDGES  THAT  NEITHER  EDC  NOR  ANY  OTHER  OF  THE  EDC  PARTIES  ARE REQUIRED  TO  PROVIDE A  REFUND  FOR  ANY  REASON,  AND  THAT  THE  PURCHASER  WILL  NOT  RECEIVE MONEY OR OTHER COMPENSATION FOR ANY EQB THAT IS NOT USED OR REMAINS UNUSED


how if that all 1M coin is already sold out, but there is still more incoming funds collected at the end of the ICO?

while we know the number of coins in a limited distributed and sold at fixed prices which have been defined per stage so that total number can not be changed by adjusting the number of participants and total funds collected in the end of the ICO,


are this any excess funds will be non-refundable too?

There is doubt in my head about this ico.

if indeed the term non refundable applied as written in points 14 on ICO T&C: http://equibit.org/equibitico.pdf

14. All Purchases of EQB Are Non-Refundable
ALL PURCHASES OF EQB ARE FINAL. PURCHASES OF EQB ARE NON-REFUNDABLE.
BY PURCHASING EQB, THE  PURCHASER  ACKNOWLEDGES  THAT  NEITHER  EDC  NOR  ANY  OTHER  OF  THE  EDC  PARTIES  ARE REQUIRED  TO  PROVIDE A  REFUND  FOR  ANY  REASON,  AND  THAT  THE  PURCHASER  WILL  NOT  RECEIVE MONEY OR OTHER COMPENSATION FOR ANY EQB THAT IS NOT USED OR REMAINS UNUSED


how if that all 1M coin is already sold out, but there is still more incoming funds collected at the end of the ICO?

while we know the number of coins in a limited distributed and sold at fixed prices which have been defined per stage so that total number can not be changed by adjusting the number of participants and total funds collected in the end of the ICO,

are this any excess funds will be non-refundable too?

this project can not be trusted, he just wanna sell but nothing giving , investors will lost their money if you buy them.

In site can also paste Twitter and fb account to collect the free coins?

Based on the performance of other recent blockchain project launches EDC management has estimated the
total market capitalization of the Equibit Platform could reach into the hundreds of millions of US Dollars within the first
year of operations.

Accordingly, EQB shall be sold during the pre-sale at the following price points:

Tranche	EQB Offered	Cumulative EQB	Price (USD)
1	100,000	100,000	$2.00
2	100,000	200,000	$2.50
3	100,000	300,000	$3.13
4	100,000	400,000	$3.91
5	100,000	500,000	$4.89
6	100,000	600,000	$6.11
7	100,000	700,000	$7.64
8	100,000	800,000	$9.55
9	100,000	900,000	$11.94
10	100,000	1,000,000	$14.93

After one year there would be approximately 3,628,000 EQB in existence

Saw this thread in the Iconomi thread  ;D Same as Iconomi?

It's very unprofessional and irresponsible to make this sort of statement.
How precisely did you make this estimation?
 It seems way too optimistic.


So if they are right and there is 3.6 M coins (after one year), it will have to have a market cap of $7.2M just to break even if one buys in the forst tranche.

If you buy in the last tranche it will have to have a market cap over $50M just to break even.

What people need to know is the total number of coins absolutely, not just after one year.

The mining process will create fifty
(50) EQB per block with the amount halving every 210,000 blocks. The initial sale is directly related only to the first
process. Any unsold EQB from the initial block shall remain in the control of EDC and to be used at the discretion of
EDC management.

Higher tier price is too expensive, I doubt some people will buy those more expensive tokens, IMO people will give up buying expensive prices, unless they buy the cheapest ones.

Higher tier price is too expensive, I doubt some people will buy those more expensive tokens, IMO people will give up buying expensive prices, unless they buy the cheapest ones.

No, it does not look like it. This appears to be an attempt to have a share settlement and registration system.
Securities exchanges are more likely to explore this on their own as the ASX is doing IMHO.

http://www.smh.com.au/business/markets/asx-working-on-industrial-strength-blockchain-platform-20160927-grp9gu.html

My fear is they won't know. Ie. they will send 1 bitcoin on crowdsale launch expecting to be getting in at the $2 price, only to find out 7 tranches have been bought in 1 big order and now they are paying $9.55 per EQB instead of $2.

Are people able to place limit orders for the ICO?

eg. only purchase if it is Tranche 1?

It would be rather unfortunate to send a transaction immediately after launch only to find out that 300,000 already sold and now it's Tranche 4 and you are buying at 2 times the price you thought you were getting.

My fear is they won't know. Ie. they will send 1 bitcoin on crowdsale launch expecting to be getting in at the $2 price, only to find out 7 tranches have been bought in 1 big order and now they are paying $9.55 per EQB instead of $2.

If all tranches are bought, total price paid = $6,660,000

Price for tranches 1-7 = $3,018,000
Price for tranches 8-10 = $3,642,000

I think a lot of funny stuff can happen if buyers are unable to make tranche limit orders.

That was my first thought as well. Why would they use a 3rd party system they have no control over.

I'm out of this one. But I will probably buy when it hits exchanges.

If Litecoin has a market cap of $180 million, with no real advantages compared to Bitcoin, who are you to say that Equibit won't reach a market cap of hundreds of millions with its unique use-case?
The total number of tokens when they have all been mined will be 22,000,000 (22 million), 1 million tokens created for the ICO and 21 million tokens mined. If you had read the ICO's Terms and Conditions properly you would have seen this:


Does that look familiar to you, eh? Same reward halving scheme as Bitcoin.

We have no relation with ASX, we are not using third parties.

No you would be a third party.

The point was ...who would use your system??

actually the point is who trust this project , team should discuss the technology but not money  money money ..

It seems that my question gets lost so I'll try for a third time: what is the roadmap of the project? when will be the coins distributed so they can be traded at exchanges?

Will be here any bounties ?

We don't have bounties for social media, translations or signatures for the moment. If things will change in the future we will make announcements.

Companies would issue their own stock over the Equibit blockchain and would have control over the structure and dividend schedule of their own stock.

We would not be a third party as we are NOT between transactions. Moreover we do not hold signed EQB for any issuing companies unlike clearing agents or depository trusts.

Earnings Distributions
In order to distribute earnings issuers will need to select the date and time of record which the
system will use to determine who all the investors are at that given date. An amount of bitcoins will also
be specified as the gross amount of the dividend. After confirming the date and amounts the system will
allocate the gross dividend across the relative share of authorized equibits held at each address and initiate
bitcoin transfers to the payment address specified by each one.
Knowing which Bitcoin address corresponds to the Equibit address where the shares reside then
becomes of paramount importance for the entire system to function and maintain a positive user
experience. To create these associations, investors can create a public message that is broadcasted to the
network designating the various addresses and cryptocurrencies they can be paid in.

Hi DEV!
Facebook bounties?
Twitter  bounties?
Blog     bounties?
Newsletter Subscribers bounties?

We don't have bounties for social media, translations or signatures for the moment. If things will change in the future we will make announcements.

    Very sorry!  >:( Not the right approach, but cut the money quickly, the presence of collateral ICO Bounty success!

It is really not a right step if you don't have  any bounties. Especially as ICO begins on February 1. Usually at least 50% of participants of a bounty programs later participate in ICO. This means that you lose them in case of refusal from bounties.

   DEV Equibit thinks that they are all interesting and snap up all the coins! Let's see what happens! Good luck!  ;D ;D ;D ;D

A very interesting project and some thoughtful questions/answers in this thread!

I am strongly considering investing during the ICO and I have some questions of my own:

* How many people are working full-time on the project? It seems that at least two of the team members listed on the website (Brent Kievit-Kylar, working at Google, and Nathan Wosnak, President of Ubitquity LLC) also have other commitments.
* How many people have non-trivial contributions to the codebase of the project (i.e. are active developers)?
* Do you have an office?
* How many companies do you have in the pipeline, which have agreed to issue shares on the Equibit platform?
* When do you plan to release a development roadmap?
* Why isn't the project open source and do you have any demonstrable evidence of the work that has been ongoing for the year since the seed round?
* How do you arrive at the weighted average price of $6.66/coin for the ICO?

Last, but not least: earlier in the thread someone mentioned the fact that a company, which wants to issue shares on the Equibit platform, doesn't need to buy a lot of Equibits -- they only need to buy one and can then split it into 10M pieces. IMHO, this is a huge issue, as I don't see any reason why every company wouldn't do exactly this. In light of this, how did you decide on a starting supply of 1M coins from the ICO? This would effectively mean that 1M companies can use the platform. I don't think this is a realistic expectation even in the very, very long-term and will most certainly drive the prize of Equibits down even without considering the fact that there are an additional 21 million to be mined. A genuine question related to this: how many companies are trading OTC in the world at the moment? I tried looking this up, but couldn't find any guesstimates.

Thanks and best!

Last, but not least: earlier in the thread someone mentioned the fact that a company, which wants to issue shares on the Equibit platform, doesn't need to buy a lot of Equibits -- they only need to buy one and can then split it into 10M pieces.

* How many people are working full-time on the project? It seems that at least two of the team members listed on the website (Brent Kievit-Kylar, working at Google, and Nathan Wosnak, President of Ubitquity LLC) also have other commitments.

* How many people have non-trivial contributions to the codebase of the project (i.e. are active developers)?

* Do you have an office?

* How many companies do you have in the pipeline, which have agreed to issue shares on the Equibit platform?

* When do you plan to release a development roadmap?

* Why isn't the project open source and do you have any demonstrable evidence of the work that has been ongoing for the year since the seed round?

* How do you arrive at the weighted average price of $6.66/coin for the ICO?

Last, but not least: earlier in the thread someone mentioned the fact that a company, which wants to issue shares on the Equibit platform, doesn't need to buy a lot of Equibits -- they only need to buy one and can then split it into 10M pieces. IMHO, this is a huge issue, as I don't see any reason why every company wouldn't do exactly this. In light of this, how did you decide on a starting supply of 1M coins from the ICO? This would effectively mean that 1M companies can use the platform. I don't think this is a realistic expectation even in the very, very long-term and will most certainly drive the prize of Equibits down even without considering the fact that there are an additional 21 million to be mined. A genuine question related to this: how many companies are trading OTC in the world at the moment? I tried looking this up, but couldn't find any guesstimates.

How do you compare to Overstock's T0?

Seeing this on www.reddit.com/r/ethereum

http://otc-blockchain.ch/

Seems like lots of similar platforms/competitors in the OTC space.

1) Is your hash algorithm and reward schedule the exact same as bitcoin?

2) What difficulty will the mining start at?

3) 1mb blocksize?

   DEV Equibit thinks that they are all interesting and snap up all the coins! Let's see what happens! Good luck!  ;D ;D ;D ;D

no bounties no party! ;D

no bounties no party! ;D

Equibit Jr. Member...What role do you have in equibit?:

Chris Horlacher (Chief Executive Officer)
Brent Kievit-Kylar (Chief Science Officer)
Marc Godard (Chief Technology Officer)
Nathan D. Wosnack (Chief Operating Officer)
Christian Saucier (Lead Developer)

I find it strange that four hours from the start of the ICO you are offline.
In Canada's Toronto are eight o'clock in the evening and then I do not think you are already sleeping.

No DEV reply....possible SCAM

Hi, it would appear that you are trying to get in touch with the team. What questions can I help you with?
As you may not realize, the team is in Washington DC at the Launch Party tonight for the ICO. This event is being live streamed here:
https://gaming.youtube.com/user/cointelegraph/live

Is it offline now  ???

https://gaming.youtube.com/watch?v=cT0MXqzvCKc

I'm in, how many transaction confirmations before confirmed on ICO page?

I'm in as well. I transferred the Bitcoins from Poloniex and in my withdrawal history there the transaction is confirmed.

However, when I refreshed the Equibit ICO page the transaction (which was not confirmed at the time) disappeared and I have not received any confirmation for it (e.g. via email). This is how the ICO page looks for me atm:

http://i66.tinypic.com/auulvl.png

Has someone received a confirmation for theirs? If yes, in what form?

EDIT: No difference after logging out & in again.

Once you get an address to send to, you get two minutes for your transaction to register, you should have used a wallet you control. The exchange payment would have taken longer, which would have locked you out at what ever price you were quoted. email the Dev's   

Thanks for the answer!


I did email the devs, waiting for their reply at the moment. I am not sure about the expiration you mentioned above: the first time I tried to transfer the funds I got a timeout and the message after the timeout said that if the transaction has been initiated in the allotted two minutes (but not confirmed) it should still work. I am not sure how long it took for Poloniex to register the transaction though.

poloniex can definitely take some time
fortunately buying seems to be taking a break here so u have time before price increase

Equibit Jr. Member...What role do you have in equibit?:

Chris Horlacher (Chief Executive Officer)
Brent Kievit-Kylar (Chief Science Officer)
Marc Godard (Chief Technology Officer)
Nathan D. Wosnack (Chief Operating Officer)
Christian Saucier (Lead Developer)

I find it strange that four hours from the start of the ICO you are offline.
In Canada's Toronto are eight o'clock in the evening and then I do not think you are already sleeping.

Who can confirm these devs are real and legit? OP seems inactive nowadays, but ICO is coming, it is very strange. I doubt this project is full of fake identities in the dev team.

How many coins have been sold at the pre-ICO? :

http://equibit.org/post/investor-opportunity/

People who buy now are already paying x5! 

And is the total supply 21 or 22 million coins? Article above states 21 million, but ICO page states 22 milion coins?

Thanks for your answers!

How many coins have been sold at the pre-ICO? :

http://equibit.org/post/investor-opportunity/

People who buy now are already paying x5! 

And is the total supply 21 or 22 million coins? Article above states 21 million, but ICO page states 22 milion coins?

Thanks for your answers!

That's an old post, I believe they changed the pre-ICO to $2/coin. They sold around 60k EQB in the pre-ICO.

They got my interest too! And also wish I had more BTC...  ::)
Glad I made into Tranche 1.

I woke at 04:30 AM (GMT) so I could made it into Tranche 1 too, I'm glad I did too but I must confess that I'm a lil bit "dissapointed" that the other tranches are not selling so well...

Equibit seems to have some interesting things (like the supernode for example) but I think they are lacking a bit in terms of marketing.

Not trying to FUD or anything, as I said, I bought quite a bit of EDC (more than 1000). Mineable coins always attract people (Pascal, Zcash) + low supply + based on bitcoin code (poloniex friendly) + segwit by default which will attract even more attention  = good ROI

As I said, my only grip is that the marketing skills are not the best (maybe they should hire the guys that help ICONOMI with marketing)

Best,

We have not ramped up our marketing yet. We were waiting for the people who have been supporting us to get a crack at the site before really pushing this out. Also, this tested the site.

Maybe that gives you some relief  :)

It does, thanks a lot Jorge (Spanish Speaker? I'm from Spain actually)

PS: where did the team said this? I can't find it, was it on Slack?

in early january i have applied for the first tranche of ico; now that ico is on, i have not received any message, and going into the site i see that devs have not retained anything, so i have to pay more for the same thing.

a big deception with these people.

Applied for the first tranche  ??? What are you even talking about? You have registered to the ICO website, it is your fault for not doing a proper follow up...

thank you for intelligent response.
Could you precise what was the proper follow up ? today is february the 2nd, ico is open since yesterday....

did they take into account people who registered ,

what was the purpose to register ??

thank you for intelligent response.
Could you precise what was the proper follow up ? today is february the 2nd, ico is open since yesterday....

did they take into account people who registered ,

what was the purpose to register ??

ok no cell phone ! but if i am correct, they asked for an email, maybe for something eventually useful;

and now where are the devs, still at the parade ? but ico has really begun.

nobody responsible of the community, to precise what was the proper follow up ?

equibit response was: We envision that companies who have already IPO/ITO'd can release a different class of shares on EQB.

so essentially NEW SHARES or NEW SHARE CLASSES ?

I just want to follow-up on my previous enquiries about the Bitcoins I transferred from Poloniex in order to participate in the ICO.

I have to admit I was a bit skeptical about what will happen after my transaction disappeared from the ICO website without timeout notifications or confirmation, but I must say I was contacted by Marc Godard quickly and they confirmed my transaction. I am very happy with how the situation was handled.

P.S. Thanks for the links to the articles, guys. Nice reads, although I found the examples in Chris Horlacher's article for failed centralized blockchains a bit weak: IMO, JPMorgan and Goldman Sachs quitting R3 and the "slowness" of Project Jasper are unlikely to be directly related to these being centralized blockchains. They could be and I clearly don't know the true reasons behind those, but I find it very unlikely.

in early january i have applied for the first tranche of ico; now that ico is on, i have not received any message, and going into the site i see that devs have not retained anything, so i have to pay more for the same thing.

a big deception with these people.

ok no cell phone ! but if i am correct, they asked for an email, maybe for something eventually useful;

and now where are the devs, still at the parade ? but ico has really begun.

nobody responsible of the community, to precise what was the proper follow up ?

Thanks for your comments, really appreciated. We try our best and Marc is very committed to our mission together with the rest of the team.

What is the minimum amount that can be invested in your ICO and what are early investors bonus? Do you also have refund plan in case ico could not get the expected investment?

So there are 1 million EQBs for the ICO and then 21 million mined. Total is 22 million.

People are not buying at 5x right now it is still in tranche #2

Chris mentioned on Slack the pre-sale was also at $2 per EQB, same as the first tranche.

Why don't you join Slack as well, they'll appreciate the feedback, also they are more active there.

https://equibit.herokuapp.com/

If the pre-ICO was sold at $0.50 then the ICO already started at x4 ($2.00) and at the time of writing of my post was already at x5 ($2.50).

Could anyone from the team clarify the amount and price of pre-ICO?

If the pre-ICO was sold at $0.50 then the ICO already started at x4 ($2.00) and at the time of writing of my post was already at x5 ($2.50).

Could anyone from the team clarify the amount and price of pre-ICO?

is any one there and ready for sharing his knowledge about it.

Can we trade EQB at exchanges? When?

what about the legal aspect as far as regulations?

6. Obligation to Determine If Purchaser Can Purchase EQB in Purchaser’s Jurisdiction
The initial sale constitutes the sale of a legal software product under Canadian law. This product sale is conducted by
EDC, a Canadian company, operating under Canadian law. It is the responsibility of each potential Purchaser of EQB
to determine if the Purchaser can legally purchase EQB in the Purchaser’s jurisdiction."

Our system has been evaluated by independent counsel and a securities regulator as well in Canada.

Also our terms of sale are available on the ICO page, we recommend reading them carefully.

https://ico.equibit.org/

In particular:

thanks for the response. i should of made my post clearer. i was wondering about the regulations to use the blockchain to be used by companies to transfer equities. thanks

Thank you for this comment.


We envision that companies who have already IPO/ITO'd can release a different class of shares on EQB.


Details about why we aren't using Escrow can be found here: http://equibit.org/post/ico-escrow-agent/



We appreciate your feedback.
Escrow has been used for decades by companies raising funds because the logistics of doing it all themselves was nightmarish. Escrow agents specialize in getting through all of the investor paperwork, collecting investor funds, and making a lump-sum distribution to the company when the offer closes. It’s always been about getting companies capitalized in the most efficient way. Escrow agents have no responsibility or duty to do your due diligence, and they won’t. Nor will they do anything to drive a project forward and deliver, that’s what CEO’s do. EDC has built the infrastructure needed to collect purchaser information and payment and so the primary purpose of using an escrow agent has already been dealt with.

Further details about why we aren't using escrow can be found here: http://equibit.org/post/ico-escrow-agent/

Your ICO Price is ridiculous.

Read through all of the pages and every post.

Can we get a clear cut answer, so is the algorithm SHA256 just like bitcoin? Yes or no?

Good to know there is no info what is the algo.

I have read the equibit.org and linkedin carefully, and read the previous posts carefully. I have some questions as below:
1, Who will use the equibit systems? Uber? IBM? start-up company?
2, Which country company can use the system? USA?Canada?China?Japan?
3, Why they will choose using equibit system, but not local existing financial system?
4, How will equibit company ensure the token after sale will be higher than mining token? as we know, after 1M token sale, the other token will be mined everyday for 50/block, there will have 50*6 /hours*24hour/day=7200token/day mined .
thanks.

What price ICO now?

What is your legal status? Are you registered?

I think you have to add more news in the forum to show traders that the project is active and continues to move forward.
The forum of your project has a few updates.

Your project looks good to me and I think he needs a little push to get started.

I think you have to add more news in the forum to show traders that the project is active and continues to move forward.
The forum of your project has a few updates.

Your project looks good to me and I think he needs a little push to get started.

Agree with you, more development and great marketing can make it interesting for traders.

I have read the equibit.org and linkedin carefully, and read the previous posts carefully. I have some questions as below:
1, Who will use the equibit systems? Uber? IBM? start-up company?
2, Which country company can use the system? USA?Canada?China?Japan?
3, Why they will choose using equibit system, but not local existing financial system?
4, How will equibit company ensure the token after sale will be higher than mining token? as we know, after 1M token sale, the other token will be mined everyday for 50/block, there will have 50*6 /hours*24hour/day=7200token/day mined .
thanks.

Thanks for reaching out.

1. Equibit will be open to anyone to use, of course big companies who are already on stock exchanges will have to perform a corporate action to switch over to the Equibit system. If the motion carries all the existing holders (i.e. the stock exchanges and institutional investors) they could then do a share-for-share swap. However there are thousands if not millions of secondary and otc markets and startups alone all over the world, Equibit cuts down the overhead costs of creating, managing and distributing shares. But iis also much more than that. You can read our whitepaper to find out more.

2. Companies in any countries should be able to use Equibit. Our lawyers will actually be preparing a comprehensive legal resource for companies in all major jurisdictions to do this. There would be template shareholder/director resolutions, bylaw amendments etc. We also want to identify all the jurisdictions that allow securities to be issued in bearer (anonymous) form. I think that will be a huge plus and Equibit could help remediate the negative reputation that bearer assets currently have.

3. The incentive is that those companies would no longer need to use a transfer agent, which represents a major portion of their investor relations overhead. Equibit is much more than simply a securities register, it can be used to communicate with all our your investors, poll them, handle proxies, and KYC issues in the secondary market. Apple has millions of investors worldwide and doing that using existing services is terribly expensive, slow, and insecure.

4. It's a fair question, but there's no objective answer (value is subjective). Every ICO buyer is making their own educated guesses as to what the token will do.

We will have some announcements to make soon, stay tuned.

There's LinkedIn profiles for each team members in the OP, check them out. Why would they need to mention which other projects they are involved in on this thread?

The link you are talking about McAfee is an article. The team released a clarification about that on their news page: http://equibit.org/post/mcafee-clarification/

How are traders not jumping all over this ico. Transparent and legit team working on project for several years, vc invested in first round giving $3 million valuation, John McAfee as advisor, low initial coin count. This is an investors wet dream. Looking forward to future developments and the equibit launch in a few months from now.

Price already 60% higher after a meager 300k have been raised. 60%! This is ludicrous. That's the kind of multiplier you get at the end of a very successfull and widely advertized ICO after a month and millions invested, not less than two weeks in with almost no capital raised. I heard of this ICO for the first time today and am already turned off right from the start: the ICO price has already eaten most of the profit ICO investors could expect to make. It's simply not worth the risk anymore. If this finds bag holders buyers at this price, color me surprised.

I read through the news clarification regarding McAfee.

However it still doesn't answer the question:

1) How did you guys end up stating he will be taking the CSO position and reporting directly to the board?
Whether his position was to be full-time, paid or not, how does one just hand out the title of CSO without any actual contractual agreements, NDAs, etc and most importantly without the CLEAR understanding of what role he would be playing. Consulting and taking a position at a company are two very different things.
This is highly suspicious, and raises a huge red flag. - please clarify how this confusion came about.

2) What are you plans for a security audit of your code and with whom potentially?

I ask these questions because my investment and I'm sure many others depends on these answers.

Is it similar to melonport or taas?What are the minimum investment one can make and what are your refund policies?Will equibit be available on crypto exchange like Poloniex,bittrex etc?

What advantage does Equibit have over Byteball's Regulated assets?

"Regulated assets
Regulated institutions can issue assets that are compatible with KYC/AML requirements. Every transfer of such asset is to be cosigned by the issuer, and if there is anything that contradicts the regulations, the issuer won't cosign."

John McAfee is NOT an Advisor, he never was, there was a big "shirt storm" over that. Seems like the Equibit team manged to "sort it" but he is not advisor at all.

ICO looks to be a high valuation, puts many people off, people want low value / market cap coins so they can get bigger returns.
Also the team is very quiet here, so many questions are going unanswered.  So hard to invest, unless you just like taking risks, like i do.  :)

If you consider price as high you must check Choronobank ICO.Their Time token is nearly $10 per token and they have successfully raised 4000+ btc and still counting.
I hope devs become more active here and response to all the genuine questions raised here.

Finally we get some news about the roadmap! Very curious about the Asic Miners, so I take it Equibit won't be using the same algo used in Bitcoin?

News picked up on EconoTimes!  :)

Blockchain-based platform Equibit unveils 2-year roadmap (http://www.econotimes.com/Blockchain-based-platform-Equibit-unveils-two-year-roadmap-540401)

Did you get US securities law advice for this offering?

Is this a cryptocurrency or stock or a platform which uses crypto to trade stocks?

anyone there to help me get out from confusions?

Thanks :)

Only $13k left of 2nd batch

Buy your cheap EQB !!...only 5.729 EBQ available before the price change from 2.5$ to 3.13$

https://ico.equibit.org/ (https://ico.equibit.org/)

Is this basically like the NXT asset exchange?

Looks like the second Funding Levels almost done ... interesting how far will it go , invested some btc in this project. Good luck with ICO

Do we have the btc address of  the funds ? can someone please list it

Do we have the btc address of  the funds ? can someone please list it

Congrats! ICO is moving, slowly but surely.

Also I hope there will be some videos with Chris at Anarchapulco!  :)

The only thing i see as a problem


"EDC will retain any unsold equibits, as according to the sale’s terms and conditions."

Lets say only 400k sold

That means 600k free for the foundation.

Eg. 60℅ pre mine.

Or am i wrong, becuase the way the ico prices steep up high each level, it is like they wanted to sell as little as possible.

Not a 60% premine if you consider all the coins that will ever exist: 22 million, it's more around 10% if 600k EQB is what they keep.
And yet it is a "maybe" as the sale is not finished, a month to go still.

I believe that many projects do keep some coins for themselves for marketing, development, legal expenses, etc.
So not such a big deal in my view.

A hypothetical 60% pre mines is very high. Usually the pre mines is at most 10%.
I think for this hypothetical problem the Dev must find a solution.

If you are worried about the 600k premine; what about the other 21 milion coins that will be produced during mining? I am still wondering what the inflation rate will be. Look at Zcash and how that masssively declined in price due to inflation... Cant find any detailed info on the mining specs of equibits, so definately a no-go for me atm

The mining schedule is the same as Bitcoin, the mining algorithm is not the same, we will release more details as we get closer to launching the network.
We also expect to develop dedicated ASIC miners as per our roadmap, we want to release accurate info only at the right time.
  
Zcash has a different use case than Equibit, we decided to use a number that worked for EQBs in the long term for the specific use they have as a blank security
form that is also used for fees and access to the network. They can be blank, registered, as well as be returned to blank once registered.

We understand you guys are curious about our network and we appreciate the interest very much. :)
We also appreciate the support received so far, we are happy on how things are going, work on our end is progressing.

Our CEO, Chris Hoarlacher, returned from the Anarchapulco conference which was a very good event for Equibit in terms of synergies and exposure.

Our token sale is ongoing and the team is hard at work on the development and business side, getting the right parties interested in Equibit.
Stay tuned for more.

So to be clear; first years the total amount of coins mined will be 2.6 million per year like for bitcoin? Let me calculate; say 400k will be sold, this gives 3 million coins after the first year. Thats an inflation rate of 750 %, ugh... Price will decline quickly then. I'll skip this one...

Yes, I think the Dev should intervene and change something otherwise the ICO purchases stop.
I think this is the reason why the ICO sales go up very slowly.

Hi Dev, you are on holiday ... why don't reply?
You are not very active in this thread.

This does not goes well especially during the phase of ICO.

Hi Dev, why you do not answer? It begins to become suspicious.

Why would one invest in this project for 3usd/equibit if the mining schedule is the same as bitcoin? I mean then i would be able to mine about 1000 equibit in one week (on a regular pc) which would cost me less than 20 usd in electricity, but the ICO price for 1000 equibit is more than 30k :S. Do i have it all wrong or is the ICO price ridiculously high and will for sure plummet?

When the network launches everyone will be able to mine, so we do expect some competition as we have received a lot of interest about the mining aspect from our supporters.

BTW 1000 EQB at current price is $3000 not 30K, got to make sure the math is correct. Are you sure you know what you are talking about when you can't even calculate the current price? ;)

You ignore the fact that the price will drop tremendously once mining is started. A similar situation as with Zcash will occur, which also dropped down in value significantly. Everyone who buys in this ICO will be wrecked and will be left with a huge loss. This approach is wrong and has not been thought about well enough!!!

What you are saying is very fair for the miners, everybody will be able to mine at the same time, great! However the ICO investors will make a huge loss very fast. The fact that you are ignoring this issue and just talk about equality of the miners just confirms my (and some others in this thread) suspicion  that you dont care at all about the ICO investors.

BTW 1000 EQB at current price is $3000 not 30K, got to make sure the math is correct. Are you sure you know what you are talking about when you can't even calculate the current price? ;)

We are happy how the sale is going and the quality of people who support us, we wouldn’t want to sell all our coins to people that don’t understand the value of EQB or our products and will just purchase to pump and dump our tokens and make a quick buck. We value supporters that are looking at the medium long term.

We appreciate there are people wanting to buy more, and certainly more are available. But at the moment the market has decided that an EQB is worth $3.13 and it would be irresponsible and unfair to our ICO buyers for the company to sell for anything less.

We are happy with our initial progress made with the $150k angel investment we received in 2015. We will be able to happily continue with what has been currently raised in the ICO, until we have more to show such as our software and tools.

Most tokens drop in value as soon as they are listed on an exchange after the ICO independently of if there is mining or not, everyone knows that. And it's due to people getting out of their positions. People that are short term speculators. We do not cater for these individuals but rather people who believes in us, understands exactly what we are trying to accomplish and see the value of our network, tools, applications.

We are here for the long run and we expect our supporters to be following suite, if you think otherwise there are plenty other tokens to buy for other projects which will do great for short term speculators.

I am in for the long haul with all my investments (still hold ETH and Waves and since the beginning) but that doesn't mean that i want to buy in high. I think equibit could have some potential, but i wont invest in the ICO, i will mine and buy cheaper later.

I do not understand why the dev does not try to increase ICO sales with some news?

Simple explanation.

Less coins sold.

More team gets for free.

Will be very lucky if tier 3 gets sols out so team will get arou d 700k free coins they put a high value on of $2 - $8.

9 days left till end of ico.

Tier 3 barely touched still over 80% of coins left.

Could go down as the biggest "pre mine" ever seen in crypto.

Best idea would be to burn all the unsold tokens.

We will have more information about that soon! In the meantime, feel free to reach out if you have any questions.

Ico closed early?Don't see countdown anymore 8)

The team has been saying on Slack that unsold coins may be used for a second fundraise once they have more to show.

Quote from the CTO:

"We will never dump them. We are happy with our funding so far. However, we will try to raise more when we have a lot more to show."

Can someone explain When EQB going to be traded on exchanges ? I just got lost in all this ...  ???

Countdown on first post in thread still says 3 days, 13 hours. Terms and Conditions also reads: The initial Sale will run for 59 days and will end at 23:59:59 EST on March 31, 2017.

If ICO closes at the current funded amount, the team gets $500,647 USD and 779,520 EQB (78% of the total ICO pre-mine)

Im deeply sad that a presale has only limited quantity of rounds. I wish I could participate in these sales infinitely till the end of time.

Did the ico end?

Whats happening now?

https://i.imgur.com/4MykSsM.jpg ICO still running

Did the ico end?

Whats happening now?

It's quite confidence shaking that the team 1. can't manage to work out a tiny bug with the countdown on their ico website or 2. don't care enough to bother.

You guys really aren't trying very hard to please your investors. You say you're satisfied with the amount you've raised. How can that be, only 7% of the target has been reached and the ico ends tomorrow?

Also it was stated that there would be announcements leading up to the end of the ico; what are you guys waiting for? The blog post yesterday was hardly an announcement, it was more an observation of the industry as a whole. Come on already. You guys have been around for a minute, you knew what to expect before launching this ico. If there was good news, why would you wait until the ico end to announce it?

We will have more announcements after the ICO as well as regular development updates, stay tuned.

With the recent introduction of IBM’s Blockchain-as-a-Service, IBM Blockchain for Hyperledger Fabric v1.0 beta program, we see a significant push for blockchain to enter the mainstream. We’ve already seen notable groups make moves towards exploring blockchain for their industries, including Nasdaq Linq and consortiums of Canada’s and the US’s biggest banks, but an enterprise offering further confirms and validates the use cases for existing businesses across all industries.

A Linux project, Hyperledger is an open, enterprise-grade distributed ledger framework and code base that has the ability to “transform the way business transactions are conducted daily.”

“It has become a way of organizing open source blockchain projects,” explains IBM Blockchain (https://www.ibm.com/blockchain/hyperledger.html).

Fabric is IBM’s contribution. As a whole, Hyperledger Fabric “is an open source, modular, multi-channel transaction network built and maintained by the Hyperledger community.” Noted use cases include supply chain, capital markets, manufacturing, and healthcare.

An inherent value of [Suspicious link removed]pliance is at the very heart of the technology; instead of needing a regulator to monitor transactions for breaches, a blockchain’s code can set the rules with its network thereby maintaining compliance for each transaction.

Simply put, due to the nature of blockchain itself, the technology provides existing businesses with a much more efficient and cost-effective way of executing financial transactions, storing supply chain data for simpler reconciliation and ensuring trust and accountability across a wide and multi-layer network.

There have been multiple notable reports recently extolling these very virtues of blockchain technology, including a New York Times article (https://www.nytimes.com/2017/03/04/business/dealbook/blockchain-ibm-bitcoin.html) discussing IBM’s partnerships with Walmart and shipping company Maersk to innovate supply chain management and an article from Harvard Business Review (https://hbr.org/2017/03/the-blockchain-will-do-to-banks-and-law-firms-what-the-internet-did-to-media) looking at how blockchain will transform the financial system. As such, where EDC sees the greatest benefit for mainstream adoption of blockchain is the increasing need for transparency - where appropriate, not all information across a distribution network needs to be shared with every party involved - secure transfer of assets and data, and easy dissemination of widespread communication.

EDC is early to develop blockchain technology dedicated to the capital markets, having built a public blockchain called Equibit; a decentralized platform that allows for the secure issuance and transaction of securities. Operating as an over-the-counter market, Equibit has a built-in client base; issuers and investors looking for enhanced security, efficiency, investor communications, and transparency within the typically shrouded markets.

Home to a majority of global trading volume, the Equibit blockchain provides issuers and investors with a much more streamlined OTC markets experience; no longer will there be a need for costly third party depositories or transfer agents, and trades and peer-to-peer communication will take place within the same platform.

Amongst groups looking to innovate existing business models with blockchain technology, a synopsis can be made: in order to successfully scale operations, businesses require improved methods of confidential and secure transactions between parties within a business network, a more streamlined system of communication in which information is transferred only between the necessary parties, and a network that ensures trust, transparency and accountability amongst users.

With security being one of the highest priorities for our increasingly digital world, blockchain technology is certain to move further into the mainstream. We look forward to being part of that momentum.


Article first appeared on Equibit's News page: https://equibit.org/post/blockchain-the-internet-of-transactions/

Found your advertisement on coinmarketcap.com, since a few layers are sold out, and do you offer bounty for us? Good luck anyway.

the ICO result seem not well

Not right now, but we may consider a signature campaign in the future.

Thanks for the information, according to the OP, ICO started from 1st of February? Is there any threshold for the project and target to raise?

Yes the ICO was running for 2 months.

We have a roadmap here: https://equibit.org/post/edc-reveals-roadmap/

Yeah, like you said, signature campaign is important, you would start the ico with campaign, that would definitely raise more money than current amount. Anyway, 500k usd is decent. What is your target to raise?