an interesting bold project for scientific discoveries I find it interesting because few projects created for science think the team will do everything possible that the platform was a success I can say that for me it is very interesting
So far, we have been attracting the interest of investors: we are pretty sure that also Universities will find our platform valuable pretty soon |
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i think if your life time savings in cryptocurrency you should own a ledger. but if you are in just for some pocket money you can keep it my etherwallet or etc.
I wouldn't recommend anybody to invest lifetime savings in crypto, that's very risky. Invest only those money that you can stand to lose. Unfortunately, last year i heard many people take loan from banks and put into the crypto. They are now extremely broke. It is a very volatile market and also never invest anything with getting into a debt. This happened also in the past, with people lending money to buy houses and shares during bubbles. The problem is "greed" |
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i think if your life time savings in cryptocurrency you should own a ledger. but if you are in just for some pocket money you can keep it my etherwallet or etc.
I wouldn't recommend anybody to invest lifetime savings in crypto, that's very risky. Invest only those money that you can stand to lose. Yes, agree |
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So about the dividends, what will you do for the tokens on the exchanges.
Will you just blacklist that addresses or will the exchanges get the dividends which i think not fair.
i like dividend giving projects. what i dont like is projects giving dividends to exchange account so hopefully team will make a wise choice in here. Do you mean people storing their tokens on the exchange or the tokens owned by the exchange? Why shouldn't they get dividends? No, people storing tokens on exchange. Like etherdelta or binance. You are storing them on exchange. But if they send eth to that address, you won't get it. The exchange will get more eth and it is not fair in my opinion. That's why, typically, dividends are never sent to exchanges (and it's not a good practice to store tokens in exchanges) Yeah, i thought so. Also storing tokens on exchanges isn't a good idea but lots of people doing so. tey do it cause its simple, one account for all asset. but, if their account got hacked, everything will end. But from other hand, if the dividends will be transferred to eth wallet, this will be a large commission for gas, and will be need to monitor these tokens holders. Indeed, having many investors mean a lot of transfers what means they will need a lot of gas to make them. By the way, this is a contingent issue: when we will switch to our proprietary blockchain, we won't be capped by Ethereum gas fee |
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me too. i have a small budget for high potential icos. most of my crypto friends do so don't shut them up from the picture
It all depends upon the business model and the Scientificcoin's model is somewhat different from mainstream ICOs. You are not alone in this, unfortunately, those of us who are looking for projects with great potential to apply small amounts, are victims of the bear market, because in opportunities like this, we can not participate, since it is not a conventional ICO, and if back to large investments But I think that some projects including the scientificcoin don't have a min investment limit, so you could theoretically contact the team in order to figure out if you could invest or not. Just to be clear: we have accepted an investment of 200$ last week. |
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me too. i have a small budget for high potential icos. most of my crypto friends do so don't shut them up from the picture
It all depends upon the business model and the Scientificcoin's model is somewhat different from mainstream ICOs. You are not alone in this, unfortunately, those of us who are looking for projects with great potential to apply small amounts, are victims of the bear market, because in opportunities like this, we can not participate, since it is not a conventional ICO, and if back to large investments But I think that some projects including the scientificcoin don't have a min investment limit, so you could theoretically contact the team in order to figure out if you could invest or not. I understand ... My only problem of understanding is actually related to the script, because in traditional ICOS we have the information of each step, each discount, each value, already in private sale, the investment rounds and token unit values are not previously informed, and we do not know when the current round ends Maybe they negotiate prices with each investor in private. But its hard to get trust then. Hi, our conditions are very clear. The token price is now 0.6$ and is going up to 1.5$ by Feb '19. In case you are a bigger investor we can offer a slightly different deal including shares of our company. |
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most of the people dont have a ledger for storing. and yeah most of the people are storing them in an exchange hoping for to catch that pump time.
For ICO's tokens I prefer to store it all at myetherwallet and use the other wallet that feels more secure to store the mighty bitcoin and ethereum. I never put my tokens on exchage unless I want to sell it directly. I'm on the same path... |
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The project is interesting but I do not see the team implementing the ICO plan. In the field of science it will be harder to attract than the big investors. And in the current bearish trend is a good idea will be difficult to implement.
That's the reason why we won't do an ICO and we are focusing on larger investors. |
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So about the dividends, what will you do for the tokens on the exchanges.
Will you just blacklist that addresses or will the exchanges get the dividends which i think not fair.
i like dividend giving projects. what i dont like is projects giving dividends to exchange account so hopefully team will make a wise choice in here. Do you mean people storing their tokens on the exchange or the tokens owned by the exchange? Why shouldn't they get dividends? No, people storing tokens on exchange. Like etherdelta or binance. You are storing them on exchange. But if they send eth to that address, you won't get it. The exchange will get more eth and it is not fair in my opinion. That's why, typically, dividends are never sent to exchanges (and it's not a good practice to store tokens in exchanges) |
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I think it is really challenging goal to achieve, scientific projects are too complex to get familiar with, different investors have different views about them
What you say is correct but we designed our decentralized evaluation system based on the latest researches |
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I think it is really challenging goal to achieve, scientific projects are too complex to get familiar with, different investors have different views about them
They should aim for institutional and whale investors, I think they are more inclined towards scientific projects than individual investors. Hi, that's what we are doing. But we leave the door opened to small investors too. They just have to provide KYC and buy tokens. |
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I think Switzerland is as good as any other country, definitely better than US or China in terms of crypto. Regulations are now pretty much everywhere...If not already implemented, then implementation in progress.
Isn't the switzerland is the vault of the world  maybe they can become a center of icos. How is the private sale going btw? Currently, we don't have regulation issues: we are performing KYC for investors and our token is a utility. When we will release our security token, we will also apply to security laws in selected countries. So far, we have raised $250k How much money do you need to collect? As I understand it, 250k is not enough. The second question is: will you release another type of a token that will serve to pay rewards to investors? (Of those 5% of fees are successful ICO on your platform.) Hi, as I said before, we plan to raise $2-2.2M in this funding round. So far, we have covered 10% of the required sum. By the in April we will release also the token to get dividends (we will fork the existing one) The issue of dividends: If prices are quoted in dollars during the ICO, then 5% of the collected amount will be in dollars? Or payments will be made in the currencies for which tokens will be sold (BTC, ETH and so on)? yeah, that's a good question. how will dividends be paid? in which currency. Regarding dividends - maybe it's will be possible that by this money will be bought Scientificcoin tokens, at the exchanges at the current price? I like that this project includes dividends,but I wanted to ask -is these dividends will receive everything - or only the largest investors? There will be 2 tokens: SNcoin-utility and SNcoin-dividends (a fork of the previous one). Verified holders of SNcoin-dividends will get the corresponding dividends. |
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So about the dividends, what will you do for the tokens on the exchanges.
Will you just blacklist that addresses or will the exchanges get the dividends which i think not fair.
Hi, we haven't still released an official statement. By the way, I'm not aware of any token sending dividends to exchanges. |
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I think Switzerland is as good as any other country, definitely better than US or China in terms of crypto. Regulations are now pretty much everywhere...If not already implemented, then implementation in progress.
Isn't the switzerland is the vault of the world maybe they can become a center of icos. How is the private sale going btw? Currently, we don't have regulation issues: we are performing KYC for investors and our token is a utility. When we will release our security token, we will also apply to security laws in selected countries. So far, we have raised $250k How much money do you need to collect? As I understand it, 250k is not enough. The second question is: will you release another type of a token that will serve to pay rewards to investors? (Of those 5% of fees are successful ICO on your platform.) Hi, as I said before, we plan to raise $2-2.2M in this funding round. So far, we have covered 10% of the required sum. By the in April we will release also the token to get dividends (we will fork the existing one) The issue of dividends: If prices are quoted in dollars during the ICO, then 5% of the collected amount will be in dollars? Or payments will be made in the currencies for which tokens will be sold (BTC, ETH and so on)? yeah, that's a good question. how will dividends be paid? in which currency. Regarding dividends - maybe it's will be possible that by this money will be bought Scientificcoin tokens, at the exchanges at the current price? If you mean, buyback: it's no. At the moment, this is not in any plan. Also, from my experience, this causes a useless pump and then a dump |
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I think Switzerland is as good as any other country, definitely better than US or China in terms of crypto. Regulations are now pretty much everywhere...If not already implemented, then implementation in progress.
Isn't the switzerland is the vault of the world maybe they can become a center of icos. How is the private sale going btw? Currently, we don't have regulation issues: we are performing KYC for investors and our token is a utility. When we will release our security token, we will also apply to security laws in selected countries. So far, we have raised $250k How much money do you need to collect? As I understand it, 250k is not enough. The second question is: will you release another type of a token that will serve to pay rewards to investors? (Of those 5% of fees are successful ICO on your platform.) Hi, as I said before, we plan to raise $2-2.2M in this funding round. So far, we have covered 10% of the required sum. By the in April we will release also the token to get dividends (we will fork the existing one) The current round will last until February, right? So you have a couple of months left and December could be a good month for crypto. We all hope so that last year's bull run will follow this year also. Well, we can hope. But this bear market made us more realistic. Now I'm checking projects with more detail. Not jumping everything to hope some profit. Me too, I check projects more in detail, but ... my money is bound in different coins, so I have to wait till the next bull run and cant take part on the promising new ICO's. So I hope that I can grab some cheap SNcoin from ED.  Our coin will be around for years, so you will have plenty of times to buy it in the future! |
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A year ago 250k usd raised is very normal yes but times are changing and this year we didn't see anything like last year. also i think 250k usd from a Single investor is nice news.
True. The only problem that may arise is for what time his tokens will be freezed.? We dont want someone who just dumps everything for a penny profit. Team's tokens are vested, investors' not By the way, team members tokens will be frozen, as they do in other decent projects? I think it's additional incentive for the team not to be lazy an become more active. Yes, our tokens will be vested for 1 year and then unvested over the following years |
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I don't think that an investor who invested this much in a Project, will his/her tokens for a small profit. 250k usd is not less, i also dont think there is a freeze for tokens
Yes, it's very hard to convince investors to stake money and to freeze their tokens :-) I can imagine that. Those who have the money have the power. And even more in crypto world were almost everyone is looking for fast cash. We are trying to explain our investors that the more they hold, the more they will gain Some investors probably don't fully understand how it works, so you need to put some extra effort in negotiations. Yes, but that's the nice part of the job  |
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I don't think that an investor who invested this much in a Project, will his/her tokens for a small profit. 250k usd is not less, i also dont think there is a freeze for tokens
Yes, it's very hard to convince investors to stake money and to freeze their tokens :-) I can imagine that. Those who have the money have the power. And even more in crypto world were almost everyone is looking for fast cash. We are trying to explain our investors that the more they hold, the more they will gain |
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I don't think that an investor who invested this much in a Project, will his/her tokens for a small profit. 250k usd is not less, i also dont think there is a freeze for tokens
Yes, it's very hard to convince investors to stake money and to freeze their tokens :-) |
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A year ago 250k usd raised is very normal yes but times are changing and this year we didn't see anything like last year. also i think 250k usd from a Single investor is nice news.
True. The only problem that may arise is for what time his tokens will be freezed.? We dont want someone who just dumps everything for a penny profit. Team's tokens are vested, investors' not |
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