Is there a Cap on this?
There is no cap on possible funds raised. We are using a price discovery system in which the market decides what it wants when it comes to our TEC. Oh, I hate that.. It brings into question whether the company knows how much money is needed to complete the project.. I would suggest a Cap, a hard limit.. Hello, You can see all that information on the use of proceeds page. It goes over the funding tiers and what will be provided if we hit those goals. We are not placing a hard limit on BPL because we want the market to decide what it feels is a fair price for the token. With this method we can provide the best possible value for our investors. Total BTC investor supplied/ total bitcoin raised = % of coins supply to be allocated after TEC ends. So if we raise 500 BTC and an investor put in .25 BTC they would receive 0.05% of the 20,000,000 to be dolled out. In this example the investor would receive 10,000 BPL. Regards, locohammerhead Okay sure. My next question is, why are you willing to accept about 60 crypto coins? |
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ROUND market value $ 39,087,505
First Blood market value $ 25,138,932.
I feel sorry for it.
Why round has larger market cap? 1ST should be the first prototype of e-sports platform, but round is higher? Can't find the reason. Round has a larger coin circulation. I think it is also centralized and possibly a scam. It's just a knockoff so far. I've documented how they ripped off the first blood white paper and another companies website here https://bitcointalk.org/index.php?topic=1855720.msg18459765#msg18459765 |
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Is there a Cap on this?
There is no cap on possible funds raised. We are using a price discovery system in which the market decides what it wants when it comes to our TEC. Oh, I hate that.. It brings into question whether the company knows how much money is needed to complete the project.. I would suggest a Cap, a hard limit.. |
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Since you devs have the time to organize centralized tournaments do you you want to address the scam and plagiarism accusations instead of just deleting the posts?
Hi bro) How is your firstblood alpha? Dota works? Just wanted to chime in. The first blood alpha is going well and we are currently playing Dota. |
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Dev: I have a important question for you.
Why is there no lock-up period for the owner's shares? How do you prevent that employees directly withdraw their stake and leave the project?
This is my last question before I will invest. Please answer. @gf_iexec, no response to this question? Please address all important questions that have been asked. So investors will be well informed on what they are investing in. Thank you |
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It's ridiculous. Let's say scam, do you think idiot enough to make such a conversation on twitter?
Note: every ICO can scam. There is.
Every one is a scam? Okay... Ethereum was an ICO...There's many more, just don't have time to name them all. Good luck with your project |
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It's ridiculous. Let's say scam, do you think idiot enough to make such a conversation on twitter?
Note: every ICO can scam. There is.
The conversation wasn't on twitter. If you look at the screenshots, you can see some of the members from this team discuss the project. But to each their own.. Not touching it after reading that.. Also Icocountdown.com came to a similar conclusion https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/ |
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So what else is new here,some of the coins listed here are just clone or a relaunch of an old coins,I'm not surprise if those two coins have the same dev,because we all know,they used the same graphics and materials,so just to make the coin new in the eyes of the investors.
Jesus, all I am saying by posting this thread is if you're invested in Round Coin you may want to take some additional caution. Use a stop loss or sell perhaps etc. First blood and Round coin do not have the same developer if that's what you're implying. First blood is a legitimate project, unlike these other rehash projects.. Good luck folks Brian |
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Hi, I just found out about this project, what was the ICO price?
Which project? Round coin or First Blood |
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Thanks for that great contribution... That helps mightily.. |
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Do they have an official thread here already? majority of the coins here are just clone of the other coins,but of course it's not right to copy some one works,but it's very rampant here in the cryptocurrency it will just go down who can develo their coin and price better
It's a shitcoin put out by copypasting shitheads, and doesn't everyone with a new, unnecessary crypto do this nowadays? Not that it's right, but what do you expect? Everyone in the crypto world is trying to get rich quick and yet at the same time is lazy as fuck. This example here is just one of many, and I'd never even heard of roundcoin before. Yes, I'm just posting a warning for folks. Perhaps somebody is invested in round coin and if so they may want to use extra caution. Use a stoploss etc. Best regards, Brian |
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Yes if you want to get an update on things/beta contact the community manager. He's usually in the Slack group. Nickname:auryn_macmillan. If he doesn't respond or is offline. Just leave a message and he'll get back to you ASAP.
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Do they have an official thread here already? majority of the coins here are just clone of the other coins,but of course it's not right to copy some one works,but it's very rampant here in the cryptocurrency it will just go down who can develo their coin and price better
Yes they do. I've posted on the thread and it was deleted.. I'm going for the team that comes up with the idea and original white paper. That being First Blood. Best regards, Brian |
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ICO Starts within 25 minutes!!!
We are collaborating with 8BTC and 365BTC in order to make thing easier for the Orient community. There is no other benefits using them, You can all participate very easily from our ICO page on the site: Matchpool.co Have you allocated a number of tokens to these exchanges? I'm assuming the answer is yes. |
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On the website do we need to register like on bitcoinswiss? You need proof of everything ID, proof of residence, etc.
How is it going with matchpool.co? Or is it just providing an ETH address and blockchain is the proof?
Should be pretty simple. Name/email/ETH address. That's my guess based on experience.. |
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25 minitus left on ICO365
https://www.ico365.com/?hl=en
ICO Investment Note
First 5 hour 480GUP=1ETH 9600GUP=1BTC
First 3 days 440GUP=1ETH 8800GUP=1BTC
First 2 weeks 400GUP=1ETH 8000GUP=1BTC
Last 2 weeks 360GUP=1ETH 7200GUP=1BTC SET your clock! ICO commences in 58 minutes from now! I thought it was supposed to start at 1300 |
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I'm pretty interested in making a sizable investment, and I strongly agree with everything Elevated has said.
The stuff about how its difficult to make a sizable investment without knowing how much of a stake you will have is all valid and true, but the really important point for me is that an uncapped ICO makes me think the developers dont know how much money they need : they just want "everything they can get" and figure it out later. I would much rather invest in a project with a determined budget, where they have a good idea what they can do with X amount of money, rather than raise it all and figure it out later.
It betrays a lack of business acumen and savvy and makes you look a bit more like you jus want to raise as much as you can get, rather than what you NEED.
The stuff about wanting as many people to take part has some validity, but its equally open to everybody even with a cap, and the token swill be trad-able immediately so people can get involved whenever they want, so I dont think thats a good argument
The arguments of
a) it does not look good to potential investors : makes you look simply like money grabbers without a specific plan for doing X with Y raised, and doing Z if W is raised, etc
b) It makes it much more difficult to make a large investment in the early rounds because you dont know how much is going to be raised so therefore cant evaluate it properly (as an investor)
are much stronger imo, and should be adhered to. The fact ETH was uncapped 2+ years ago really isnt relevant anymore.
Great post by Elevated and also the post above. Crypto is maturing with the day. Projects evolve and need to act more like real businesses. The investors are taking a risk to put money into your project. As an possible investor for me its important to know that you have thought about the financial aspect. Just like a real business who seeks for investment, they would need a solid business plan and also a plan with the costs and return of investment for the possible investors. In crypto it would be enough to know how much funds you would need for your project. I am sure you guys have calculated these kind of things, cause you seem like a really professional team. Any decent professional team would know these things before starting an ICO. So the way I am looking at it. I want the project to have enough funding for development, marketing etc. But I also want the investors to have a fair chance of a ROI. They are putting the risk into it at the end of the day. The best way to achieve this, is to put a cap onto it. For example your budget shows you, you need around $ 5 million, you would take some % for unexpected costs and that will be your cap. Taking as much money as you can get is greedy and is a bad sign to your investors who helped made the project possible and successful. Most investors become valuable members of the community as well, and help with promoting, testing etc. You have mentioned before that you value your early investors and community. A cap would fit with those words. So in my eyes a cap would be to show your good faith to your early investors and community members and also would show us your professionalism by knowing the amount you need to fund your project. As every legit project / business should know. --------------- In the blog for the ICO I saw the first 1.000 investors with 12 ETH or more will get a special threat. Does this only count for investments in ETH or also for BTC. It still isn't clear how the BTC investing works to me. Also is there an instruction regarding how one can participate in ETH. I read somewhere you need to have an Aeternity wallet? It would help if there are instructions before the ICO is launched. Thanks for your consideration and good luck with the project. I concur with the other two gentlemen. Also the main net won't be ready till 2018.. So two things I don't care for. It is uncapped and can raise whatever amount. The main net won't be up until 2018. |
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