Bitcoin Forum

To build a digital video hub that would help and educate people; that's such a noble cause.
But, why the need for funding? Can't this be done with just running a normal website and hosting videos on it?
Since the website is a bit bland and I can't find more info about anything, I'll just ask here; Where would you use the funds that you're hoping to generate from this?
Token Rate: 333 PCTO = 1 ETH  which means each token is nearly $0.7 each ^{(at the current market rates)}. Isn't that a bit high for a startup project?

Aside from that, this is not a good timing to run ICO. Also, ICOs are mostly ignored nowadays because this was the breeding ground of most scammers. And a lot of projects are being trashed because they couldn't raise enough funds. So what will they do if they can't raise their targets? Are they still going to push thru their developments? Because if they are dependent on whatever they can collect via ICO, I don't think this will gonna go thru.

Very good questions.

Firstly, thank you for calling it noble! I've been an independent educator since 2013 and I see the need for it in every faucet of industry but especially in the space of cryptocurrencies and blockchain technology. It's needed yet many do not do it.

The need for funding comes from the fact that funding sources are not in abundance concerning a platform such as the one being developed and this is only one piece of a larger ecosystem. Simply Crypto as a platform is a the door, the token is the key and the course is the knob.

In regard to financial stewardship, the funds would be used in the following ways (which are mentioned in the Black Paper found at http://www.SimplyCryptocurrency.com):


"The Simply Crypto token roadmap takes place in three phases.

Phase I - Offer of Donation, Airdrop, Tithe & Development (2020)
Simply Cryptocurrency will focus on educating, empowering and engaging our community and will leverage the utility token, PCTO, which will power our digital education hub that will launch Q2 of 2021. The PCTO token will be available for bonuses between May 21st, 2020 and August 21st, 2020. For early users who purchase Simply Crypto educational courses, they will receive 100,000 PCTO tokens as long as they have proof of purchase. A social airdrop as well as a bounty will be available. While the PCTO is offered, development will continue to further refine the output of its vision. The goal as it relates to exchanges is to have PCTO placed on at least one reputable and safe exchange before August 21st, 2020. Lastly, the “Tithe” portion of the entire token fund, which means “a tenth”, will be given to LIV Village, a South African village for orphan and vulnerable children, to aid in educational development regarding cryptocurrency. The “Tithe” portion from the development budget will go toward American programs and organizations that are based in minority communities for the sake of aiding in educational development regarding cryptocurrency. American recipients will be announced on August 21st, 2020.

Phase II - Content Creation & Expansion (2020 - 2021)
Job creation will take place as qualified translators (who speak Mandarin, Zulu, Spanish and French) as well as high quality film makers / editors for content creation will be needed. Upon exchange placement, the PCTO token will expand in media presence, potential holders and users of the Simply Crypto platform.

Phase III - Platform Launch (2021 - 2022) ( + )
No later than Q2 of 2021, the educational hub of Simply Crypto will launch on mobile app stores and as a web app for free. The platform will offer premium courses as well as leverage ad revenue to keep costs low, with the hopes of completely eliminating cost for users other than for premium courses. PCTO token holders will receive special incentives, discounts and free materials. The goal is to scale the user base of Simply Crypto to 1,000,000 by the end of 2021, based on aggressive marketing and partnerships with coding labs, companies and inner city community programs throughout various markets in the United States as well as far abroad, starting with expansion in South Africa."

Lastly, in reference to the token rate:

The rate is such where it will do two things: attract the right people to support and hold and utilize the token as well as be used to create actual jobs. People speak on how education does not get proper funding and this platform that will be built (regardless of the ICO) will serve not only users but also instructors who can speak in their native language to their audience in culturally responsive ways.

Regardless of the ICO, the platform will be further developed and released. As it relates to the token, we are in conversation with various exchanges now and will be listed soon!

Thank you for your interest!

Where some see chaos, we see opportunity. And Simply Crypto is committed to seeing the development through, regardless.

Thank you for your post.

It's good that you are keen on building this project regardless of how the ICO performs.
As for the high ICO price of the token, it won't do you any good. You really should lower it.
'Cause if you're not, you're gonna have a hard time attracting anybody to pour in their money into this since there is no assurance that a proper ROI could even be achieved.
Yes, Return of Investment; 'cause unless you're asking for "donations", people would still expect something in return, and promises such as what you are saying doesn't cut it out nowadays. Just sayin.  ;)

We appreciate your perspective! We will enjoy the journey as we build. God bless you and yours.

yes, thats right
but there is no data, no volume, no marketcap etc, just a link to simply crypto

The category is "Untracked Listing" because they have no details yet.
Is the dev team confident here that they can move forward even if their ICO will not hit their targets?
Their thread also is not gaining attention here in the community.
They need to run advertising campaigns or look for private investors that can help them in the realization of their objectives.

Thank you for your post! Concerning our current listing on CoinMarketCap, we have reached three out of four criteria which is why we are currently on the platform. The final piece that's needed is for the Simply Crypto token to be listed on an exchange, which we are going through the process of. In a short time, CoinMarketCap will display live data.

Concerning the dev team moving forward, it is not a matter of the ICO. It is a matter of time. Regardless, the platform will be built and we appreciate everyone who supports whether it is now or later. We welcome the support.

We appreciate your interest!

If you are going to develop and release without needing an ICO, why the fuck are you posting on here then you fucking scamming twat?

Just be honest and say you need money to fund your hookers and blow habit you degenerate cunt.

 ::)

https://i.imgur.com/hUvdtRG.gif

Calls himself a "man of integrity", yet launches a fucking shit token on ETH with total supply 100,000,000,000.

Tries to do an ICO but then realizes that no one is going to buy his fucking shitcoin and decides to launch on some fucking obscure exchanges with barely any volume and try to dump on unsuspecting noobs

Tries to pull at people's heart strings by referring to donations to orphans and educating the poor.

Mate, seriously, do you take us for fools?

Do you know how many times this playbook has been tried on this very forum?

Says he wants to educate people about cryptocurrency and then tries to sell you a course.

No one needs a paid course to learn about cryptocurrency

You want to educate people, then teach the poor about Bitcoin.

No one needs your scammy shit token.

Seriously, fuck off you batty boi scammer.

 ::) ::) ::)

You are entitled to your opinion. I will provide clarity regarding misinformation or missteps regarding your statements:

1. The total supply is 100,000,000,000. The circulating supply is the following: an airdrop, which will explain why exchanges show a selling volume, as well as 10% being donated for the sake of empowering people in South Africa. We as a team have given much more than we have taken or liquidated. This is a fact. The large supply is set as such due to the nature of education and how our utility token will be leveraged upon the launch of our platform.

2. The exchanges are starting points with many more on the way that are in the works.

3. The ICO pivot came due to interest from exchanges so we decided to forgo and use marketing efforts to simply make users aware of our presence on exchanges.

4. We are a business outside of the utility token so our course, which took time and resources to create, is for a price. But even with that, we have offered free sessions. We even did a 24 hour stream session where people were able to view our entire course for FREE! To date, over 3000 people have been impacted by our course. We release free videos for people. The price comes as people are interested in lifetime access. Our platform upon being completed will be free and our revenue will come from ads and premium content.

5. We are catering to a market of people who are not yet familiar with cryptocurrency and we are committed for the long haul with many plans to scale our ecosystem to provide real world impact.

Regardless of what you think, we are not a scam.

We are not thieves. We are not liars. But at the end of the day, time will tell and our fruit will speak.

Irregardless of the accusations (which you are entitled to as they are your opinions) we appreciate your interest and great concern.

We have great things on the way!

God bless you and thank you for your time.

Simply Cryptocurrency has one mission and that is to Educate, Empower and Engage.


We are proud to present that the "Simply Crypto" PCTO token is listed on our first decentralized exchange, Decentradex.com (http://www.Decentradex.com) and is live now with ETH, BNB, USDT and DCX pairs!

Visit www.SimplyCryptocurrency.com to access our Black Paper, purchase the full course, connect with us on all social platforms, sign up for the airdrop and finally, learn more about the PCTO token!

Simply Crypto Course: https://checkout.square.site/buy/MZNLRXT6KXLKYDYHRF4UZZN4

AirDrop Sign Up: https://docs.google.com/forms/d/e/1FAIpQLSfx60tkiw-29YVVZ25U6dJB5mQeQO7rhJ1HP6DKkvq-CPEWqA/viewform?usp=sf_link

The Simply Cryptocurrency Black Paper: https://mega.nz/file/dod1nIha#b1HuezdjO3ccfa5d2hC3e9ZoVbCHvxjRZf4yRLFMfLY


God bless you and yours.

TRADiNG COMPETITION FOR A SHARE OF ONE BILLION TOKENS

Simply Cryptocurrency (http://www.simplycryptocurrency.com) has partnered with VinDAX to create a trading competition which will have a total reward pool of 1,000,000,000 Simply Crypto PCTO tokens from July 3rd — July 15th, 2020.

Winners
The winners are the ones who join the trading and rank among the top traders of the Simply Crypto PCTO token within the competition period

Prize Distribution

1st: 210M PCTO
2nd: 180M PCTO
3rd: 150M PCTO
4th: 120M PCTO
5th: 100M PCTO
6th: 70M PCTO
7th: 50M PCTO
8th: 40M PCTO
9th: 30M PCTO
10th: 21M PCTO
11th: 18M PCTO
12th: 11M PCTO

God bless you and yours!

You've read the posts. You've seen the progress. Now, hear it directly from the founder!

Here is the first Simply Crypto AMA!

Click Here To View (https://medium.com/@simplycryptocurrency/simply-crypto-ama-july-4th-b9b38e1b3e55)

God bless you and yours!

going back to your thread. i have the impression that you can't raise enough funds for this project. users seemed not interested to visit your thread. maybe time to look for other options on how to raise funds for your development. and with your huge supply, it would be very hard to elevate your price in the market. traders should see good progress on your platform. i don't think airdrop will help you in achieving the purpose of exposure in the crypto community, as many people don't care anymore with airdrops.

Thank you for your comment!

In regards to funding, Simply Cryptocurrency is connected to a larger vision of a company. The team wanted to ensure the token was available to not only our audience but to all of the cryptocurrency markets. Exchanges expressed interest in listing the token and it’s been off to the races ever since! Our parent company is awaiting further investment so the Simply Cryptocurrency token is a not a funding mechanism but rather a utility token connected to our developing platform and courses. It’s an instrument for people who are new to cryptocurrency as well as for those who find long term interest in the project and desire to support by holding PCTO tokens.

In regards to our token supply, due to the nature of our plan, a large supply is created for the sake of our platform as they will be utilized for a myriad of things! It’s all connected beyond markets.

In regards to the airdrops, that is a fair assessment! Our plan is unorthodox but we are interested in holders, not simply a quick promotional effort.

We are in it for the long haul and we are thankful for your interest!

God bless you and yours.

The Milwaukee Business Journal featured "Simply Cryptocurrency" and did a podcast interview with the founder!

  View & Listen By Clicking Here!  (https://www.bizjournals.com/milwaukee/news/2020/07/17/milwaukee-startup-launches-cryptocurrency-token.html)

Thank you for your support.

God bless you and yours.

Simply Cryptocurrency launched on June 19th, 2020. To date, our project has been developed without any funding from investors or crowdfunding so we have learned a lot through trial, error and pivoting as needed. We are excited to share our one year expansion plan which meshes with to our main goal!

We aim to impact 1,000,000 by the end of 2021. This is how we'll do it:

Exchanges
Market Support, Airdrops & Trading Competitions
The Launch of our Dapp & Mobile App

Exchanges
The Simply Cryptocurrency token has been newly listed on an exchange based in Switzerland as of this week! We also have a presence in Vietnam, Hong Kong, Estonia and we have pending opportunities! An exchange in Nigeria would connect the PCTO token to the Nigerian Naira and an exchange in South Korea would connect the PCTO token to the South Korean won. We are currently looking to sustain and develop what it is we have thus far. We also have a possible partnership developing in the DeFi space. Learn more about DeFi by clicking here, which is short for decentralized finance.

Market Support, Airdrops & Trading Competitions
We plan on supporting every market in every region which would create market stability while conducting our final airdrops in the Far East with a reserve for more in the event a new exchange opportunity along with conducting a new trading competition in South Korea, a hotbed for cryptocurrency.

The Launch of our Dapp & Mobile App
We are developing our mobile app and dapp (which is short for decentralized app) which will house Simply Cryptocurrency and the exhaustive course in development called “Simply Cryptocurrency+”. The platform itself will be called “PerceptGrow”, a place where people from all over the world can grow their knowledge and connect with other students of cryptocurrency. Lastly, a video bounty would be available to users who can create valuable content in their native language as we plan on being serving a global user base! Stay tuned!

Final Words
We are actively developing the PerceptGrow platform, which will be the home of the Simply Cryptocurrency course and the native platform for the Simply Crypto PCTO token!

While this is taking place, we will focus will be market stability and expanding to Nigeria and South Korea.

Thank you for joining us on this journey and stay tuned for what’s next!

Visit SimplyCryptocurrency.com (http://www.simplycryptocurrency.com) for more information!