@snapup Thanks for the information, it's very interesting. I did not know SnapUp would be open outside Europe at beginning. And that's really cool to have the attention of big institutional investors, the pre-sale should go really smoothly  |
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I think the new price structure will encourage more people to participate  |
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Mis à jour importante :
En raison des retours de la communauté, nous avons restructuré les phrase 3 à 5 afin de rendre l'évolution du prix plus progressive entre chaque phase, permettant ainsi une participation encore plus importante.
Choses importantes à se rappeler:
1) Les participants de la phase 1 et 2 ne sont pas concernés.
2) Le seuil maximal reste le même.Nouvelle structure des phases :
Stage 1 investment cap = $120,000 (Price $0.008/WiC) - SOLD OUT
Stage 2 investment cap = $240,000 (Price $0.012/WiC) - SOLD OUT
Stage 3 investment cap = $140,000 (Price $0.014/WiC)
Stage 4 investment cap = $160,000 (Price $0.016/WiC)
Stage 5 investment cap = $135,000 (Price $0.018/WiC)
Stage 6 investment cap = $165,000 (Price $0.022/WiC)
Stage 7 investment cap = $520,000 (Price $0.026/WiC)
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Give me the link to the road map, I can not find. In Whitepaper isn't present. And this is a very important for me.
P.7 and P.19 of the WhitePaper. You have their growth plan. That's similar to a roadmap and if I think they don't have a true one with technical details. |
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Yes, I love Barcelona and want to buy there real estate. The team from Singapore inspires confidence, I will participate in the ICO. Buying in Barelona right now is maybe not the best opportunity. i don't know the impact of a terrorist attack on a real eastate market. |
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Well, I think everyone is not excited about the good things. The more I read, the more it becomes interesting : "REAL will earn a 10% commission fee on all income or value appreciation profits from investments made through the platform. For example, if a property participation generates 100 ETH in profits, REAL platform will keep 10 ETH and pay 90 ETH to the investor. " Dividend tokens are the best, you can earn money though the value increase of the token and though the dividends. I dunno if some people already possessed somethink like this, but I have some masternodes, which enable to gain coins with a participation to the network, so the result is the same : you gain money every months and you gain money with the increase of the token value : Best feeling ever, moreover when it's well over a normal salary |
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Yeah that's 150k dollars in one go.
Try to find someone who is ready to put 150k dollars on a project IRL, you'll that not a lot of people can spend this.
Moreover those kind of investors have mutlple projects. So he surely have around 5 projects like this. Whiwh make ~1Million invested in ICOs.
So yes, for me that's a whale and really good sign for WiC.
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I hope the shapeshift will continue to accelerate the ico, cause i really want to see WWAM sucess and im not the only one.
A lot of people questions about the value of the token, how it will work for the project, I think you can see for now each token like a part of the project, so if you keep WWAM think you have a part of the project with you and you support it, its a great things too and the first application after an ico for a token !
now the ico is very hot! many project completed in few minutes! this project may be lack of publicity！ I don't think it's missing publicity. It's featured on huffingtonpost and others. There are just so many ICO's and it's hard to spot the good ones from the bad ones. I believe a messaging protocol can yield a lot in the future. So WWAM will get there imho. Yes, but if their ico table is right, project can't get enough funding to the deadline. I hope it changes. We just have to wait until the deadline to see now, not much we can do The ICO is actually at 35%, but a big investor can pop up at any moment. |
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We could really use a concrete example. Let's say this one is on KICKICO: https://www.kickstarter.com/projects/ramybadie/unstable-unicornsthe creator indicates what the backer will receive for pledging a certain amount of ETH. By making a pledge, a backer receives this award, as well as the equivalent amount of KickCoinsI pledge $20. Creator indicates I get the Black Box Edition. The campaign is successful, I receive the Black Box Edition (cost to backer $15 maybe?) and the equivalent amount of KickCoins ($15). Which is very different from: I pledge $20, the platform gets 4% of $20 and 4% Unstable Unicorns tokens. And I receive 4-8% of $20 worth of KickCoins and 96% of $20 worth of Unstable Unicorns tokens. Which by the way also doesn't add up. Where does that other 0-4% worth of KickCoins come from? That's funded by the growth of other campaign tokens? For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin (1 ETH = 2000 KC).This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. Let's take an example to explain better: a campaign sets a cap to raise 100 ETH. After 100 ETH successfully raised - 96 ETH will go to the creator, 4 ETH will go to the platform as fee. KC will be generated at a price of 1 ETH = 2000 KC (or at the rate of exchange if the price for KC is higher on exchanges). Thus, there will be 8000 KC generated to give backers. So if a backer pledged 1 ETH to the campaign he receives 80 KC as a bonus (2000*4%). Thanks for the explanation. Does it mean that the amout of Kickcoins you can generate is infinite ? (Sorry if the question has an answer somewhere, if that's the case, I did not see it.) |
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I began to read the whitepaper and one thing I loved : "REAL Founders have invested USD 350.000 in the company, have a strong successful execution track-record and reputation, have founded and exited high profile online startups over the last 20 years and have held executive positions at Google, Yahoo and top Venture Capital firms in Europe " Thank you ! That's a really good sign. Too much ICOs with developers who put nothing on the line, here you already invested 350k $ in the company. I'm gonna check the teams linkedIn, it seems to be a really competent team. The video were really good, the first one in particular. I'm gonna continue reading the whitepaper, but I'm quite enthusiast |
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Nice work. For me Bittrex is the most interesting. I'm mainly trading on this exchange and you can use it with coinigy. But the more exchanges, the more volume so that's great if the tokens is directly introduced into these exchanges. |
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Whitepaper: If a campaign is canceled, all raised funds, since they are stored in a smart contract controlled by the KICKICO platform, are returned to the backers in their entirety.
That's effectively the same as with Kickstarter, creditcards are only charged after conclusion of the campaign.
However, the real trouble begins after the campaign has finished successfully! What if the creator fails to deliver the product and rewards? By that time the creator has likely already converted the pledged ETH to fiat.
With KICKICO a part of that risk is alleviated by KickCoins:
By making a pledge, a backer receives this award (either at the end of the campaign or, after the project is implemented), as well as the equivalent amount of KickCoins at the current exchange rate. Thus, the backer does not just give away their money, but exchanges it for the reward plus the KickCoins provided by KICKICO.
So if the creators do not deliver, KICKICO claims the backers haven't lost anything because they still have the KickCoins worth the same value.
But this system doesn't seem to add up. ETH goes into the system through backer pledges. The same amount of ETH leaves the system through the campaign creators, minus the 4% KICKICO fee. Then where does the value of the KickCoins, equivalent to the amount of ETH pledged, come from?
That's a really interesting question, I tilted on it while reading the whitepaper. I think they are talking about be the reward system in crowdfunding, like you give 500$ to a project and you can can have a CD and a reduction once the product is done ... And they would give the equivalent of the reward in KickCoins. But it's true that I don't really understand how it can work, because above in the whitepaper they say : "For ICO campaigns, the platform fee will be 4% of collected ETH, and 4% of the campaign's tokens. In return, we provide from 4 to 8% of the KickCoins (in effect, selling our KickCoins to the campaign creator in exchange for the fee). Those KickCoins will be given to backers, together with the campaign tokens. For crowdfunding campaigns, we give backers from 4% to 20% of the value of their investment as KickCoins, depending on their reputation on the site (Karma scores). This rate is being taken from exchanges, but will never be less than 0.0005 ETH per KickCoin. This system ensures that in both ICOs and crowdfunding campaigns, the backer gets cryptocurrency for their contribution. We have two requirements for creators of crowdfunding campaigns that want us to provide KickCoins to their campaigns:" |
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How will you handle deliveries and fakes?
It's written in the Whitepaper that they will use drop shipping for the deleveries. And what about fakes ? They'll work with professional retailers, so there will not be any fake. |
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« In the future, we plan to register a non-profit foundation as a separate entity. This will be feasible when all necessary regulatory approvals are clarified, primarily the SEC and MAS. After that, the fund will be officially registered as a separate legal entity (fund), and management will be decentralized and transferred to the community, which annually elects its representatives - delegates.
Delegates will receive the right to manage the fund: transfer of "garbage" tokens into the reserve fund, improvement and strengthening of the fund's portfolio, and other organizational functions. Management will be carried out by voting, with a 51% consensus among the voters. »
In this case, will the token give dividends to the tokens oweners or the goal is just to increase KickICo fund ? Delegates will have rewards for their participation to the governance ?
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Does Snapup have anything backing up its value? Since most currencies have something backing it up whether it be gold or silver, what does Snapup have to back it up? Also, how do you guys plan on advertising to get this currency out in the world, since this currency would need a substantial backing for it to skyrocket in value. Is it just through posts like these, or following you guys on Twitter? Or are you guys going to try going out into the real world and try something that way?
All questions aside, this seems like a fantastic Crypto-currency, and I'll definitely be following it in the future!
Well in theory, a project launched by an ICO is backed by the value of the cryptocurrencies spent on the ICO. And cryptocurrencies backed by gold or silvers are really exceptional. The marketing question is quite interesting |
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