Bitcoin Forum

The announcement phase is complete and this topic has been locked. Please continue the discussion in Slack, Telegram or Twitter as per this post (https://bitcointalk.org/index.php?topic=1879453.msg18852214#msg18852214). Thank you!

As of May 2, Crowdfund is LIVE at https://bittrex.com/crowdfund/apx (https://bittrex.com/crowdfund/apx).

We are pleased to announce that the crowdfund has reached its UBQ hard cap already! You can still buy in with Bitcoin.

In case the below images do not work, please view them here: http://imgur.com/a/jE4o6 (http://imgur.com/a/jE4o6)


This thread will be used for the productive discussion of APX and its updates.
Unnecessary comments will be moderated. Unnecessary comments include but are not limited to: trolling, personal attacks, and abusive/offensive language.

Reserved.

Please note: user APX.Ventures (https://bitcointalk.org/index.php?action=profile;u=987739) is the owner and lead developer of this project and announcement.

I'm supporting the project by using my bitcointalk account to post the original ANN. Please direct questions to APX.Ventures!

I am willing  translate to Indonesia if needed  :)

Aaaawwwwwww yyyeeeaaahhh!!! This is gonna be awesome!!!!

Dope, Notsofastcrypto and ace, and UBQ. Im diggin it!  ;D Will definitely be participating in the crowdfund. Goodluck guys.

I support Ace.
I know him since 2014 & he has an excellent reputation.

Goodluck with the crowdfund !

Interesting, I might have missed it in OP but what's the use of APX tokens? dividends?

It seems interesting... ok... let's try  ;D

The APX tokens are a deflationary asset.

So as APX Ventures makes profits from its ventures, it buys back APX tokens on the open market and verifiably burns them.

The gist is that a buyer and holder of APX tokens would see their holdings increase in value and rarity as time goes on and APX realizes profits on its ventures.

all in my BTC here ;) ;) ;)

APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

Expecting 300+ BTC to invest into mining with ~3 months to break even is bleeding from a couple of holes:
 - 3 months to ROI is pretty much impossible (even with free electricity) and even with a magic miner it's not sustainable;
 - even if it were true, why would anyone sell/share their golden egg laying goose?

A crypto reviewing service sounds like a noble idea (if it's not susceptible to corruption) but I don't think it warrants even a fraction the amount that is asked.


"This is not your ordinary cloud mining operation"

It sure does sounds like it though; overpromising with some sprinkles on top of it. The whole project seem to ask way too much for way too little to me.


"Through Crypto Review we hope to mitigate a large portion of risk that is commonly found in the blockchain space"

Oh, the irony.


Anyway, just my 2 cents.

It is pretty much a donation. There is no use for the tokens. I would love to participate because of the amazing people involved but I'm not sure if it's for me. I wish it great success. I would love to use the portfolio manager.

Sounds like a project with lot of potentials but ill have to wait and see
because it reminds me the Quantum [QTM] where Ace and some other twitter celebrities was onboard but project failed hard
well best of luck to the team & the investors

Some good guys i follow on twitter here. I'll participate in this ico.

Your concerns are understandable. However it is important to note that the mining operation is one aspect of this entire project.
We are conducting an initial test run to see if our estimates of ROI in ~ 3 months are correct. If this test run proves successful we will be expanding the mining operation.
No magic is involved, the APX Team has just managed to negotiate good deals for our mining operations. Furthermore, proof of the mining operation will be provided.
Another important thing to note is that the Crypto Review project is the first of many projects to come.

Agree with all of the above and while I know the guys involved have solid reputations, sounds like a half baked idea lacking detail or vision.

hi dev sent you pm about italian translations!

It appears that you simply are unable to see the 'vision'.
Creation of the Crypto Review platform will not cost 300 BTC.
BTC will also be used for purposes of
- creating a portfolio which will be used to further fund APX operations.
- the mining operation and expansion.
Once the Crypto Review platform is complete, APX Ventures will pursue other projects to generate further revenue streams.

Agree with this. I get that you'd like to make crypto your daytime job, but this is (just like most ICO's) asking way too much for way too little and on top of that a waiver for following through (again, like most ICO's).


And this is literally saying you plan on speculating with donations. That is pretty much not done, even by ordinary ICO standards.

it si long term project wich will include many features on it! that sound great to me , what about the ico , price for each coin will be at fixed price?

900,000 APX will be divided by total amount of BTC and UBQ raised during crowdfund.

So so so let me get this straight
Notsofast finally launches a coin and it's not RELC ?
It's not even a minable coin ? it's an ICO ?

nah fam i wan't a refund. 

If you need Indonesian translations, i can translate your threat sir

No, this is not a scam. As it says directly in the OP,


Red text with baseless FUD is unnecessary and will be deleted. Please keep discussion constructive.

This is a legitimate project and is not a scam. Ace has already met in person with several people involved in this project so his identity is known in case you are afraid of 'dev going MIA'.

Just a reminder that if you have questions, pop into the #apx-ventures channel in Ubiq slack or the telegram room (listed in the first post). Ace has been in both rooms this evening fielding questions and elaborating more on the plans for the project.

Thank you for your kind words Romano!

No any bounty?

There are currently no bounties for this yet.

total suply one million coin
with target maximum in ico selling 1500 bitcoin, thi mean ico price 0.015bitcoin/coin
my statement is true or not

Sorry, you are adding nothing of innovative value here. There are plenty of ICO review sites, Public Crypto Portfolios with good reputations (such as Blue Magic Capital), Will the mining operation even pay dividends to coin investors?

Looking at the roadmap, 15 btc to buy yourself some cool laptops and a few Trezors, 300 btc level commencing a crypto review platform.

You guys have a good reputation but this just seems very half-assed. I hope that you will be able to convince me otherwise in future developments.  :-\

*if* the crowdfund were to reach the maximum cap of 1500 BTC (which includes both BTC + UBQ), then each token would have an estimated valuation of ~ 0.0015 BTC/APX. However, this is not accounting for various factors such as expenses, fluctuations across the market, etc.


The APX Team will employ different strategies for its operations than others. We are merging all aspects of crypto to maximize efficiency of operations.
Profits from mining operations will be allocated towards buying back APX in a similar fashion to all other aspects of APX Venture's operations as noted in the first post.
We will complete the Crypto Review platform no matter what. However, we are just waiting until total funds amount to at least 300 BTC before commencing with the actual development of the platform.
It may seem 'half-assed' but the APX Team has a very clear vision for APX which we hope will be made clear in time.
Please join the slack or telegram, this should help clarify many things for you.

Hard cap on the ico ?

also telegram invite not working

I'd like to think I'm more then a twitter celebrity.

I understand your concerns. What ico review site do you consider good?

The Crowdfund + Escrow via Bittrex ,seems to me very interesting project. watching this ANN.   

It say's max 1500 BTC in the opening post.

Correct. There is a hard cap of 1000 BTC and 1m UBQ which amounts to a max hard cap of ~ 1500 BTC. Although based on current UBQ prices, it is closer to ~ 1200 BTC.

Statement regarding potential hardfork for BTC...

The APX Team will continuously monitor the Bitcoin Core vs. Bitcoin Unlimited situation. In the case of an impending hardfork, APX will prepare in the following ways:

- up to 35% of BTC will be converted to $ (USD) as a hedge.
- 40% of BTC will be diversified into select higher market cap. coins
- 25% will be kept as BTC, after hardfork BTU will most likely be sold for BTC.

Not only is the hardfork process promoted by Bitcoin Unlimited reckless, Bitcoin Unlimited has demonstrated technical incompetence on multiple occasions. The development team behind Bitcoin Unlimited is incapable of producing functional and reliable code. Noting this, the APX Team will continue to fully support and view the chain supported by Bitcoin Core as most in line with Bitcoin's original vision of a secure, decentralized, and peer-to-peer payment network.

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

yes, These quetions are known clearly and I will join it after ICO launching. I will follow this thread .

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

In some cases, to preserve speed and knowledge advantages, I won't even have time to disclose what is being mined until the play is complete. Much like I do personally with my own mining now.

The basic mining program will attempt to speculatively mine single coins that have a good chance of price growth that would beat current multipool baselines. From time to time, as opportunities arise, I will be pulling some or all our available hashpower into time-critical mining plays.

The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there.

@notsofast Thanks for ignoring my question.

There will be a crowdfund hosted by Bittrex. You will get APX in return for participating in this crowdfund.

I can do Vietnamese translation for this project if you need :)

I can answer this for you , if you want .

In ICO'S Participants are called as donors for legal reason that they do not acquire stake or equity in the company .

If in an ICO , someone is calling you can investor then u become an equity holders and thus gives you stake in the company .

PS:- Most ico's refrain from using the word "Donors" because they simply want to ignore this question of legal liability but as these guys are legit they pretty much mentioned that participants are donors and not investors .

I hope this answers your question . 

Good to keep the target at 1000 btc. I hope it gets more btc investment.

Reseved this thread and I will watch this project After ICO project released on Bittrex exchange later. It looks good to join .

so do token holders get a stake in the mining equipment or the commodities you plan on investing in?

We are unable to offer equity due to legal reasons. However, we will look into ways of legally issuing equity to token holders in the future. It is important to note that this is a complex process and not guaranteed.
You will get indirect exposure to our mining equipment and other operations through our allocation of profits from all operations.

Good point mentioning QTM.  I'd forgotten about that.  That actually WAS a scam.  Not saying this one will be, but that one was.

yeah im a ubq holder and a fan of notsofast on twitter so definitely am interested
but for me the main problem i forsee is there is nothing legally holding you back from taking the ICO "donations" buying mining equipment investing in other crypto and just forming a registered company and putting all those assets under it legally and just not supporting APX. So if you could present some legally binding resolution to ensure that token ICO funds would be protected in some way from being misused. Other than that it is just reputation that is at stake here. And we all know how that works in crypto.

I am big fan of ACe. I like waht he is doing. Defenily worth to participate in.  i am collecting a big chunk of ubq to participate in. Good LUCK to all!

But it is a cloud mining operation with some obscurity and a ridiculous ROI projection based on speculative mining which, as I already stated, is both high risk and not sustainable.

If you really had 3 months to ROI consistently, you wouldn't brag about it, let alone sell/share it. Or, at the very least it would not be scalable.


Ignoring the mining part, the project stinks, even more so with every comment trying to defend it.


A recap:
 - super profitable but secret mining opportunity, but "not a cloud mining service";
 - will be super profitable but we need money;
 - Crypto Review will help reducing the risk associated with investing into coins, but donate to us with a waiver that gives up all your rights and demands which puts this coin on the level of gambling on a casino machine;
 - it's an ICO, but let's not call it an ICO due to legal purposes.

Blows my mind how many people seem to willing to throw money at the this based solely on reputation. As if that would have any meaningful merit when it comes to actually implementing projects like this.

https://www.icoalert.com/

https://github.com/Scanate/UltimateICOCalendar

Smith and Crown

http://icorating.com/

Best comment ever.... Any facts?? concerns? From your nick i see that you are another troll. Just read all thread and you will get explanation on all your questions.

Your assumptions aren't necessarily correct and I would like to respectfully disagree. You simply view things from a different perspective than others.
Please feel free to keep tabs on this project. Maybe you'll change your mind after some time.

Doubtful, but not impossible. My point is that with every comment you give less and less reason to invest (to others as I have never ever invested in any ICO with a good reason).

Its good to know...that guys are making account (WhyThisICOSucks) solely dedicated to Create FUD about this ICO.... Things going healthy... LOL

Given the nature of bitcointalk and cryptocurrency, FUD is definitely expected.
For anyone that is genuinely interested in the project, it is recommended that you join our telegram or slack. Very productive discussions have been going on there.
Just hope that people wait to see actual results before jumping to any rash conclusions about APX.

so you're going to pump it or not?

that's all I want to know.

 ;D

I see this is great for that, but I have not seen the OP above to show the team from this project, can you show the APX team to convince people on this thread to join your crowdfund, maybe with you show the team from APX All will Very clear in this project.

Russian and Chinese translations for APX should be ready soon.
We are not looking for any other translations at the moment.
Thank you to everyone that made offers for translation services.

Is notsofast bum bipolar or what? I see that he presented himself as mining advisor which is alright and all, but what is he even doing here. He been fucking around with ico makers, he been buying into multiple ccex icos and been burned on 100% of them. Now what, u are a topicstarter and mining adviser for an average trex-hosted ico. Are u bipolar, boy?

I think you are exaggerating the fact that he is advising and supporting this project.
Notsofast kindly created the thread for us since as a 'new' account, images do not post properly.
We have met in person and I can confidently say that notsofast is a stand up person and your attacks are completely unwarranted.

Is there a website?Cant translate the page with google as too much picture...

Yes we do have a site but it is currently under construction. It should be complete within the next few days.
for now apxv.org redirects to this thread but this will be changed when the site is complete.
We encourage you to join the slack or telegram room for more info!

There has been questions regarding actual use of $APX.
The APX Team will be working to continuously provide $APX with various use-cases.
Our first project, which is the Crypto Review platform, will accept BTC and APX for access to any premium features.
Any other projects funded by APX Ventures will also integrate $APX usage in a similar fashion. There will most likely be a slight discount if paying with $APX to incentivize users to pay with $APX.
This is further down the line but another use case for $APX is that we will be exclusively accepting $APX for discounted rental contracts for our mining farm.
These are only some of the use cases for $APX, we have several more that we will reveal in due time!

I've lost on plenty of ICOs and profited on plenty as well. It's part of how I do things. I dip my toes into many pools with an acceptable amount of risk in each.

I'm not bipolar, I'm just OK with being wrong a lot as it also exposes me to the times I'm profitably right.

Hi notsofast，Are you the dev of this project?

Please  read the thread at least once before asking such questions.
Notsofast is a mining adviser to APX Ventures and kindly agreed to do the OP as a result of image restrictions for new accounts.

I find it weird notsofost is part of this project. Normally he's a good guy  ??? imo you got played here buddy. Agreed to post to OP because "new accounts can't post images", although it was surely to get notsofast's name on the project  ;D

this Ace fellow was recommending everybody buy TRON even though it was made by a scam developer (I think his name was cryptowest). Ace was aware this guy had made tons of scam coins but did not care. The point is either 1) Ace was really dumb, or more likely 2) Ace was in on the scam

either way I strongly recommend DO NOT TRUST YOUR MONEY WITH THIS GUY

You fail to mention that Ace recommended TRON well before it started pumping, if you waited to buy it until after it pumped, that's your fault. You sound like someone who either bought the top or held from bottom to top and still held when it went back down.
Secondly, given the nature of crypto, there are very few long-term holds. Ace never recommended TRON as a long term play whereas some coins Ace has clearly recommended as a long term play (BTC, ETH, ETC, ZEC, etc). Also you fail to account for your lack of risk management and a trading strategy. If you are simply buying and selling strictly based on Twitter, that is your fault.
Lastly, what about all the other calls Ace has made? You fail to mention the coins that have gone up by 100x, 40x, 10x that Ace also recommended. Why are you only pointing out TRON?

https://twitter.com/AceOfWallStreet/status/549251029871898624
https://twitter.com/AceOfWallStreet/status/767829570183688192
https://twitter.com/AceOfWallStreet/status/847797212117643264

Regarding notsofast's involvement with APX Ventures. He is clearly listed as a mining adviser. His name would have been on this project with or without his assistance in creating the OP so your point is invalid.

The reason I point out TRON is because you were recommending it. No I did not buy TRON (im not dumb), no you never made a good call on TRON. admit you made a big mistake and move on. You literally recommended to buy a scam coin that never pumped. It was a straight up scam I can't believe you would even try to justify buying that scam. that's just a fact bro

My point is valid that you used notsofast you get his name on the project and to get yourself more ICO funds.

You must not be familiar with the concept of trading. If you only choose to trade markets that you morally agree with in every aspect, that's your decision. Ace saw a good play on TRON, took it, and managed to profit.
Ace recommended TRON before it was even 10,000 sat. One day later it reached 50,000 sat and even made ATH of 100,000 sat.

Here is proof: https://twitter.com/AceOfWallStreet/status/586974721117257728
https://twitter.com/AceOfWallStreet/status/586981342895718402

You may not have but other people managed to profit 500%-1000%. This is also a fact.
Your point is still completely not valid. Ace has met with notsofast in person and discussed his involvement. If you think notsofast is involved simply to 'get more money' you just fail to see the bigger picture.
Notsofast isn't valuable because of his name, it's his insight and character that are of true value.

You are such a loser trying to justify your garbage scam shit. I still don't know if you are just dumb or part of the scammer crew

You have resorted to name calling and accusations that have no real basis. All your points have been clearly refuted.
Anyways, its clear that you aren't interested in a productive discussion so I'll waste no more time on you.

From OP : EACH TOKEN DO NOT REPRESENT EQUITY OR RIGHTS TO OR IN APX VENTURES IN ANY WAY.......BY PARTICIPATING IN THE CROWD FUND YOU ARE WAIVING ALL RIGHTS TO PURSUING ANY FORM OF LEGAL AGAINST APX VENTURES IN THE FUTURE.


HAT OFF, Investors will not have any rights to claim their money back at any cases after DEV put his hands on ICO funds, so lets say DEV took money and refuse to do anything, what investors can do?! NOTHING.
ICO rules well defined to protect DEV, Shady ICO , many red flags , Weird to see notsofast involved himself in such ICO.

This is assuming that the developer is intending on scamming which is not the case. You may fail to see what this project is about but Ace has already met with notsofast to discuss APX Ventures.
Notsofast agreed to be a part of this project because he clearly understands what this project is about.
The biggest flaw in your logic is that it is based on the assumption that this is a scam. This assumption is incorrect.
If you are truly interested and wish to find out more, please join our telegram or slack room. They are much more active and there have  been several great discussions already.

This is not assumption , we are talking here about a possible cap of 1500 btc, more like ask bank for loan of $1,500,000 but at your own rules. 

You are asking what if the dev takes money, what if they don't do anything?
These are all based on the assumption that the dev will take money and won't do anything.
What if the dev does what the OP actually says?
If you are doubtful, then keep yourself updated on this project and see what happens or join the slack/telegram like every other person who is genuinely interested in the project.

Few more posts  and I will have my own ICO too !!!   ;D

Russian translation for APX Ventures is complete  (https://bitcointalk.org/index.php?topic=1884148.0)

Join telegram it is 218 members strong now .

1 million supply , we got some great fundamentals on this coin .

Thank you for your support.
As he mentioned, if anyone is genuinely interested in this project please join our telegram or slack!
They have been very active and we've already had plenty of great discussions.

Hello everyone, first let me introduce myself. My name is Richard and I will be assisting the team with physically running the mining aspect of APX. Ace has asked me to give you an update on the mining operations side. For those of you that are unaware, I own the Misty Mountain Mining farm that APX will be purchasing a small stake in initially. To address some concerns about mining ROI that I have seen, I can confirm that I actually achieved this goal last year mining Ethereum. Mining Zcash and Zclassic since their respective launches has also bought me double ROI and everything in between has been bunce. In addition, we expect to ROI within such a fast time (3 months) because of the good deals we have managed to negotiate for the equipment and our strategic mining selection together with the expertise of myself, Ace and notsofast. To conclude, whilst the goal is lofty it is more than achievable and we like a challenge.

However, there is a bigger model here than focusing on just ROI and drip feed future income alone. In the current system within Crypto and as we see in bitcoin, miners and users do not work in the best interests of one another but they share the usage of the same network. Miners can hold the network to ransom and the users end up counter attacking and it generally ends up being not healthy or beneficial to the system. We need to look no further than Bitmain and Core/Charlie Lee for BTC and LTC respectively.

Now what about another system, whereby the miners work for the users. More specifically, the users 'own' the miners and the miners work to provide new minted cryptographic assets that will be paid back to the users (APX holders).

For example, Misty Mountain offers a smart contract whereby an APX owner and only an APX owner can rent hash in BTC to mine a coin like Zcash for a set period e.g: 24 hours. For this, an APX holder would pay an amount of 0.095 BTC into the smart contract and receive 0.10 BTC worth of Zcash after the 24 hour period (effectively a 5% discount).

The miner is partially owned by the APX, he doesn't mind taking a 5% hit on his margins, especially if the machines have already paid off the initial investment. He also has the guarantee that his fixed costs for those 24 hours are going to be paid by the APX holder which mitigates his risk significantly. APX holders then get a 5% bump on their mining proceeds for the day which will effectively create a yield which would only come from owning APX tokens.

This is a new principle that is not seen elsewhere in Crypto (even holding physical gold comes at the cost of storage and zero yield) and the system only works if the miners and the coin are run by the same group of people. Rather than minting new coins like a Proof of Stake system and creating market sell pressure, effectively the value will come from other coins. A variant of a Robin Hood inspired system, take from them and give to us. Combine this with a deflationary model and you have an asset whereby the supply decreases and you also have the ability to attain a yield through discounted mining smart contracts.

The journey ahead will not be easy, there will be setbacks and trying times but we intend to weather the storm. Our first goal is to confirm that our ROI estimates are indeed realistic and this will serve as a testing period. Pending successful results we will scale the mining operation accordingly by increasing the hashing power proportional to the number to APX users before we expand the offering. This theory is not a done deal, we have hurdles to jump over first but if all goes well this is the big vision for the mining operation side of APX.

Today I am unpacking and assembling a 5 x RX 470 mining rig as a test machine to run performance and energy consumption numbers on multiple coins. Next week I will post my results and a few pictures too as we near the ICO launch date for APX. Questions are welcome and I suggest joining the APX telegram where you can chat to the team directly.

- Richard


Link to Official Telegram for APX Ventures (https://t.me/apxventures)

Wow really low coin supply? Interesting. I'm down.  ;D

There has been several people asking about the exact time that the crowdfund will start.
The crowdfund will run for approximately 21 days beginning May 1, 2017 at 11:00:00AM PST and ending on May 22, 2017 at 4:59:59PM PST or until hard cap is reached.
Everything will take place through Bittrex Exchange.

Interesting project and I like the people involved, waiting for May 1 to Invest some money here, Good luck.

Thank you for your interest!
We invite you to join our telegram or slack if you have any questions.
We have over 250 members in our telegram room and all of them have been satisfied by the questions and answers provided by the APX Team.

You really must ELI5 in 25 words or less...
It's hard to see how this is competitive mining large cap coins  VS  China and 3rd World miners buying wholesale with near zero power cost.

Perhaps this will help...

1) APX Ventures is not looking to directly compete with larger scale mining farms although in theory we may end up competing since we might end up mining the same coins. We are not trying to outcompete already existing mining operations. However, as our mining operation scales up, this might be a possibility.

2) Although places like China may provide for lower maintenance costs, our competitive edge comes from our ability to negotiate good deals for the mining operations along with the expertise and experience provided by The APX Team and its advisers. We will be actively managing our mining operations so this is not your typical mining operation where you just set your miners to mine just one coin the entire time. Various strategies will be employed to accelerate ROI. This will involve mining both large cap and lower cap coins.

3) APX Ventures is willing to take a small cut in profits in order to provide further use cases for APX. We will be integrating APX into our mining operations in the future. Before we take another step we want to confirm that our estimates are indeed accurate through our short testing period. We will be scaling up mining operations accordingly after the testing period.

This post from notsofast should provide some more insight as well...

We now have a small bounty program for Twitter.
If anyone is interested, the details can be found here (https://bitcointalk.org/index.php?topic=1888420.new#new).

Only four days until crowdfunding begins!
If you have any questions, please join our telegram or slack!
The APX Team has been addressing every question and answering them to the full satisfaction of everybody.
We are nearing 300 members for our telegram room now.

Details about how to participate in the $APX crowdfund which begins on May 1st -

1) Create an account on Bittrex Exchange  (https://bittrex.com/)
2) Make sure you have BTC or UBQ on your account
3) Proceed to page created by Bittrex for the $APX crowdfund

The only potential delay in transactions will be if you are sending BTC to your Bittrex account.
$APX will be distributed by Bittrex once the crowdfund is complete.

Video instructions for this process will be provided shortly.
We will also be providing video instructions on how to move your $APX from Bittrex and between wallets.

It is very likely that the emblem is taken from another popular project ARK.

I disagree, the triangle shaped logo is a very common one and is not exclusive to or 'owned' by ARK.
Although there are similarities, that is due to the aesthetic appeal of the triangle shape. We are not imitating ARK.

Wanted to post an update regarding the UBQ acceptance situation.
The following was posted in our telegram and slack -

"We had a chat with Bittrex regarding accepting BTC and UBQ...
We can make this possible but there is a change that we must make to the crowdfund rules.
Instead of doing 900,000 APX/ total donations, we must change to a fixed price model for the APX crowdfund.
The new model would be….
681 APX = 1 BTC
681 APX = 5000 UBQ (1 UBQ will be valued at a fixed price of 20,000 sat)
We will be raising the hard cap to 1100 BTC and 1,100,000 UBQ to account for bonuses.
The bonus for day 1 and day 2 will still be applied and any remaining APX will be verifiably burned.
In effect, this does not change anything since remaining supply will still be burned.
Please let us know what you think and we will make our final decision about this."

Depending on community feedback we will most likely be making these changes since they do not significantly impact the crowdfund.

When can i buy at bittrex?Look nice.

yes, the ico will be held on bittrex

The crowdfund will run for approximately 21 days beginning May 1, 2017 at 11:00:00AM PST and ending on May 22, 2017 at 4:59:59PM PST or until hard cap is reached. This will take place through Bittrex Exchange.

Feedback has been positive so we will be proceeding with the changes since there are no significant differences.

Running basic tests for our first miner!

https://twitter.com/APX_Ventures/status/858019304121544705

We will be publishing a more detailed roadmap shortly after crowdfunding ends.

Why did you not update your main thread dev? I cann't see many information cause invalid picture. Is this project still running or was ended? May i'll interest with your project if i can read it.

Regards
Hyudien

I will definitely throw few btc on this one, because even if i lose all of them, i will be on profit cause ACEs tips.  8)

The images are broken due to bitcointalk, if you try refreshing they might load again.
All the images appear to be loading fine.
Also our main site is up now https://apxv.org/.

How do I get a notification when it's goes live?

There appears to be some problems viewing the images in the announcement so until that is resolved, here is a direct link to the images: http://imgur.com/a/jE4o6

The crowdfund will run for approximately 21 days beginning May 1, 2017 at 11:00:00AM PST and ending on May 22, 2017 at 4:59:59PM PST or until hard cap is reached. This will take place through Bittrex Exchange.

Looks like an attempt from failed crypto traders to cash in on the ICO craze. Careful people.

Hello APX. Have you developed any coins before, or been part of any coin development teams? Have you ever been paid from an ICO before?

Here are simple video instructions on how to register for Bittrex and deposit BTC to your account:

https://www.youtube.com/watch?v=Uy0rZui117c

The crowdfund will begin in 4 hours!

How does it work to participate in an ICO on Bittrex?

Also, will trading be available right after the ICO?

Good question..
Link on bittrex marked not working: "https://bittrex.com/crowdfund/apx"

You can follow the video instructions. You simply need an account and BTC on it to take part.
The crowdfund link is not live yet but should be soon, just waiting on Bittrex to finish it.
About one day after crowdfund ends, APX market should open for trading.
Here is a preview of the crowdfund page: https://twitter.com/APX_Ventures/status/859411732673986560

It sounds good . I will join this game . Crowdfund directly deposited to Bittrex exchange is very safe for all investors
it also proves a trusted project to list on the bittrex exchange. I like this way of crowdfund.

ICO IS OPEN https://bittrex.com/Market/Index?MarketName=BTC-APX

Good luck to all.  :)

The Apx Crowdfund has distributed 2080.80 APX = 3 Btc  :-\

149222.08 right now :)

All in here, nice apx ;D ;D

235263.34 APX, and here i am... waiting for bitcoin transaction confirmation  ;D
Edit: Already on board!  8)

Super excited for this one...some really great talent involved! All in!!

What if the crowdfund finished before May 23, will bittrex open the market sooner or they will stick to the plan around May 26?

On or before 05/26/17 Bittrex will release the funds raised to the APX team, and open the market for trading.

All info here: https://bittrex.com/crowdfund/apx

According ot https://bittrex.com/crowdfund/apx) $636,000 in BTC has been poured into this venture so far.

Good looking team, but they have nothing. No whitepaper, no demo, no specifics. Link to "blog" gives a 502 bad gateway error. This is #BlockchainInsanity

At least the founders/ advisers are only taking 10% of the tokens and doing it in a delayed release way (10,000 per year under escrow), and not the 90+% that the Gnosis team took.

I would stay away from this one.

It appears to be a mining contract, which historically has pathetic returns and some other tacked on BS features.

They will let us know the technical details after the ICO has ended. Just like Obamacare.

Run by failed anonymous crypto traders.

What could possibly go wrong?

Why fud and lies? It appears to be not a mining contract, mining is just a fraction of it. Also run by successful crypto traders, founder is not anonymos either.  d y o r

The Ubiq is worth a lot, but there's hardly a buy wall for that. They are free Ubiq whales now, though.
So it's over 200 Bitcoin for 2 cryptotraders with an unconvincing idea and 10 gpu's.

well, looks like you dont know how to read...

Sorry, not convinced by a month old sock puppet. Getting shadier by the minute. Pass on this noobs much better options out there.

condolences to those already invested in this cash grab ICO scheme.

User rating system for Cryptocurrencies how would it really work? First of all, most of the users are very little informed about CCs then, them rating other Cryptos would be really unreliable.

I forgive you, legendary limbaugh ;)

A cryptocurrency rating agency

I'm in

hi, i can understand "donors" will give you 1k btc, and then you`ll buy some good coins.. than you`ll sell good coins and take a profit.  What does the investor get? Why is this information not written anywhere? IInvestors invest in a venture fund in order to increase their investment. That you now say  has no legal power, you can send me a  links to the disseminated statements?

Legal issues, they probably have to say this.

Right, a legal operation would make them liable for the funds they are stealing. Good point.

there is no stealing. APX Ventures is a very long-term project.


this has been addressed

invest in APX for what ? A website with 1 page, and 3 other in construction (project not even finished) a platform of rx 470? A mining contract for 0.095 to win 0.005 in 24h? 681 apx for 1 btc more expensive than golem ark ubiq maid xem ripple game lisk sys .... which are real project with a real website a real road map and real partner. So what apx serves is in fact to buy you mining rig for you because Misty Mountain Mining sa sounds like a company but nothing to find on the net if a gold mining site in virginia sa feels the project itself not start or no Project and with ubiq everyone can create his token bittrex just pay them for a cowfunding and I have already heard rumors about the project person he already create token that nothing we do it we just empty their token not enough assets for invest 1 page web it's not enough
 remenber ebitz more publicity cointelegraphe 3 review partner dev going the sun with more 250btc

Yea? Taking a page from the old BTC securities mining bond shams. All of which are dead now.

Long term my ass. This ICO is only to pay off your debts because you lack the crypto skills to succeed legitimately.

Despicable.

You are making false assumptions. Please keep yourself updated on this project before you fully make up your mind.

So this will be a donation for a pumper group?

Will you pump the coins you are mining?

Ace, for what reason are you skipping this dudes questions.

His signature says more than enough. If he is genuinely interested in the project I invite him to join our slack or telegram.

I have read through all 256 words on the website and had a look over the ANN here and I really don't get what is on offer.

As others have said it looks like a small scale cloud mining operation with some extra crypto jargon added on.

I hope people do not lose money on this.

I am out.

You're not answering my questions because of my signature? That sounds like a business man I want to invest in. LMAO.
No seriously, I never even once eluded to this being a scam, im just wondering if what I heard was true and that's why im coming to you and asking you first before making and decisions.

Will you please answer my questions now. Thank you.

"Each token does not represent equity or rights to or in APX Ventures in any way"

then, what the public invest for ?

Interesting project. I will be waiting for his solution.
Just why is the price so high?

You shouldn't let peoples sigs dictate how you treat them baring some exceptions obviously. I don't have the sig so let me ask you. Is this your first ico or coin that you've developed?

Next time try some bigger font and someone might pay attention to you? Clown.

I am in of course. Max 1M tokens starting at a price below 150k :) Went in blind. Why did you guys set the initial price per token so low?

Good luck guys.

So, can we have an answer to this or nah?

What does coin development has to do with anything here? They are not developing a coin, they are issuing tokens.

What do you mean by high price? If the unsold tokens are burned by Bittrex, the price is just what it is. If you had invested say 1% of all bitcoin invested you will get 1% share of all the tokens, simple as that.

The price is actually pretty low considering the fact that there are max 1M tokens. Pretty safe bet here.

Looks like he's not wanting to answer. I sent a pm to bemmerand to ask him what he heard and to get more background information. For now we wait and see it Ace will answer the questions but it should be simple yes I was with x and y team or I made x and y coin or no I have never and this is my first crypto venture and my first ico. It's not that difficult.

this for me it is good reason to stay away from this ico! dev you should answer first!

Is there no one left that remembers what a disaster BTC mining securities were? And these clowns are going to pull this off?

Wake up people.

I never refused to answer his question, please learn to read.


Once again, as stated multiple times


Bitcointalk is not a priority for us in terms of communication. If you want to know more, please simply follow instructions.

Ur communicating right now. Just answer the question. I dont do slack, this is where I ask questions before deciding on investing or not. Why you feel the need to not reply here but only in ur slack is beyond me.
Please answer my questions. Many people are curious.

It matters if he has a previous track record that we need to know about.

All you need to do is create an account, you don't even need to install Slack.
Why you cannot simply create a slack account is beyond me. It will take you less than one minute.
If you look at the previous responses provided by the APX Team, we have been responding consistently in the same manner to everyone so we are not giving you 'special treatment'.

If anyone is genuinely interested in the project, please join telegram or slack like the 400 other people who have.
We have addressed every single question to everyone's complete satisfaction.

I missed this chance to join this ICO Project because of the lack of funds .  

It's interesting to see many investors to buy it on the bittrex exchange.

I will wait for a while to get more funds from another project the I can join this game .

I hope I 'm not late to do this action.

I don't quite get it.
What are you saying for many posts is: "i can't answer you here, join slack and you'll get an answer" but why couldn't you simply answer here? Whouldn't that be faster than repeating to join slack and only then answering? What's really the point?

Looks shady to be honest

You can keep making baseless accusations or you can simply do as instructed! Up to you.
If you aren't willing to make the effort of creating a slack or telegram account (which is very easy), then do you really care about this project? You can consider it shady all you want but we have been conducting majority of communications through our slack and telegram ever since the beginning so there is no change. We have been consistent since the creation of this thread.

And you are not willing to answer any questions on the same board on which you are promoting your ICO because?
Do you have shares in the Slack and Telegram companies or?

What is the slack link?

There are many ppl who doesn't want to make the 1000th account for reading something.
Every time after creating, I'm receiving more and more spam and crypto-phishing on the mail accounts...

And it seems telegram asks for a phone-number!? - no way!
 


edit: typo

slack.ubiqsmart.com (http://slack.ubiqsmart.com)

Im not the one begging for money on a forum. You are. And as such I have the right to ask you any questions, If you dont want to answer that's ur call but it will show negatively on you and your project.
I also never once made any accusations, baseless or full of warrant. I just asked you three simple questions which still two days later you refuse to answer.

Let me ask you a more direct question then.

Adam Guerbuez has told me you worked with him on the Viralcoin ico and that you got paid and then ran from the project?

Is that information accurate?

Some information on Adam, in case you forgot him.

https://bitcointalk.org/index.php?topic=1830790.0
https://steemit.com/crypto/@fyrstikken/why-i-decided-to-dump-flibbr-and-adam-guerbuez-from-stakepool-com
https://forums.burst-team.us/topic/4409/viral-coin-mr-adam-guerbez-and-the-missing-200-bitcoin

Honestly if you are serious about due diligence on an investment project you will use a throwaway email and a throwaway Google Voice phone number to sign up for services you don't expect to continue to use. To those people who are not interested in doing that, there's no obligation for APX to step outside its chosen channels especially for you. The Do Your Own Research ethos involves effort on Your part.

The dev could be a scamer and now you are standing up for him? You must be in on this scam as well.

Dont understand why to open a thread here and then ask people to join to slak!  was better to use any media like cointelegraph.com or other media and say we are running an ICO if you are interested please join the slack channels! You did open dev this thread not the investors!  

That is quite an accusation you are making now. This was told to you directly from Adam?

Ace, Care to reply?

Direct from the horses mouth, he told me more information too but im still waiting for the dev to admit or deny his involvement with viralcoin and its developers.

Almost half of the ICO sold for less than a day, but anyway... keep us entertained, you funny idiot :)

Devs friends are coming out now to fight, ok?

Let's fight!

But first we need to find out if Adam is a liar or if the dev did work on that ico, got paid, and then ran away with his money.

For all we know Ace could have borrowed the btc from a friend to help sellout his ico. With ico's no one is ever sure if the money invested is real but I must say that the accusations against Ace are pretty serious and need to be addressed.
Waiting.

Ace was asked to help consult for VIRAL and he was compensated a small amount for doing so. He was never a part of the development team. That is as far as his involvement with VIRAL goes. However, this has absolutely nothing to do with APX Ventures.

@Bemerand

You really act like a 5-year old who's lolly got stolen by another kid. Damn.

We are all screwing each other and we all like it. So, big deal 8) We profit sometimes and we lose sometimes. That is crypto :) If you are here to warn others, your point has been made. Thank you. Now leave the thread clean please.

All things aside. Whatever happened in the past has happened. We all made wrong calls. Me including. Move on. Get over it. This project looks very promising. And yes I bought some APX too. Glad I did  ;)

Now that is scary because now I know the rest of what adam told me must be true. Is it true that Ace had another ico for some traders coin? Is it also true that ace was brought into viralcoin by his "best buddy" Bobsurplus who is the king of scams?

At this juncture, the announcement purpose for which this thread was created is complete. The project has been announced and the crowdfund is underway.

We acknowledge the remaining unanswered questions herein. They will be answered (and in many cases, already *have* been answered) in APX Ventures' chosen communication channels.

These are:

1. The Ubiq slack in the #apx-ventures channel: http://slack.ubiqsmart.com/ (http://slack.ubiqsmart.com/)

2. The dedicated APX Ventures telegram channel: http://t.me/apxventures (http://t.me/apxventures)

3. Twitter

     - @APX_Ventures (https://twitter.com/APX_Ventures) for announcements and general enquiries
     - @AceOfWallStreet (https://twitter.com/AceOfWallStreet) for general questions to Ace
     - @mistymountainII (https://twitter.com/mistymountainII) for questions related to physical mining operations
     - @block_talk (https://twitter.com/block_talk) for questions related to cryptoasset review platform development
     - @notsofast (https://twitter.com/notsofast) for questions related to mining strategy

I will now update the OP to reflect this final post, and lock this topic. Everyone at APX Ventures thanks you for your interest thus far, and looks forward to continuing the discussion with you on Slack, Telegram or Twitter.