The striking thing about COVA is their not wanting to do a public sale, I am looking to see how this pans out because with such a good project I am expecting a total sell out during public sale and got presented with this strategy instead.
They are smart in that aspect. Market is not good at all. Why to waste going to market with their token sales and reduce the value of their own tokens? Smart move by the COVA team. You are right mate. Under these conditions, it is not the best move to enforce the ICO. I think this is a good decision from Cova. People will get confidence if they dont push it for ICO and move ahead with private placements. Eventually such a nice projects will get attention in exchanges. I think their decisions so far reflect their experience and I think them not going for the public is the right way to go in current market conditions. I think the next market will determine where the market is heading. Yes, i was just stating such, its hard time other projects should follow suit on this process, any individual that gets the token from any exchange reflects a serious investor and no longer a case where individuals will wait for freebies and then dump the next second, so i see this as a productive means of generating the needed capital and also a good way of keeping the brand safe yea but I also think they should somehow support the volume if they can. It is important if they want to keep interest on the token after listing or when it may have low demand. |
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This is my first time of seeking anything like this. Indeed ico have lost its glory. Which this new formula hopefully the days of making profit from ico will return
Don't panic too much, I don't think it's only ico who loses his glory even coin top 10 even though they are not so strong with the current situation be patient of course that is the most important key for now I think what many where afraid of is happening; I guess we are seeing the terrible state of the market. I think the only way for many ICOs to successing if they find a way to actually protect its tokens prices. |
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They are trying to fool the investors. Whatever the guarantees that they are giving out, I will never invest in any ICO under current market conditions. It is just too risky to put your hard-earned money in to these projects right now.
I kind of see your points. and I hear the same thing from many people around. But why the project team is pushing for continuing the ICO in this bad market conditions? Not sure though. Many are skeptical about ICOs for now; Those who began their sales before the fall are kinda stuck now and now they are they are trying to do all ways possible to finish their sales. |
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The striking thing about COVA is their not wanting to do a public sale, I am looking to see how this pans out because with such a good project I am expecting a total sell out during public sale and got presented with this strategy instead.
They are smart in that aspect. Market is not good at all. Why to waste going to market with their token sales and reduce the value of their own tokens? Smart move by the COVA team. You are right mate. Under these conditions, it is not the best move to enforce the ICO. I think this is a good decision from Cova. People will get confidence if they dont push it for ICO and move ahead with private placements. Eventually such a nice projects will get attention in exchanges. I think their decisions so far reflect their experience and I think them not going for the public is the right way to go in current market conditions. I think the next market will determine where the market is heading. |
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It sounds very unusual. I think that this idea could well become the mainstream and help restore investor confidence in the PPI. However, where is the guarantee that a project with such loud promises will not be a scam itself and will not fail? I think the only way out is to find large investors and make the first precedent.
Such projects already exist today and they have already collected investments for this. The most important thing is that today for some reason they say very little about this project. As far as I remember this project is called DESICO, this is something like the example of a project that gives guarantees. This is interesting to know. I never heard about money back policy before. This particular project DESICO is sticking to their promises? This is the first time I've heard and I've found a project that has a high risk-free investment. Hopefully because of this offer their supporters and investors are growing, but now their bashers are increasing because of they think this is impossible to get involved, but in case they stand it is a good start for the project. Well it is a possible marketing scheme but I think the problem no is that raising funds from the public is not as effective as it used to be; I think it would suit them best if they target private investors. |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project Terrible times I mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction. |
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I don’t like to trust people who promote any projects on their YouTube channels, very often under the guise of high-quality projects they promote scam on such channels. I like to choose projects that I invest my money by myself.
Agree, Also most of the channels now that promoting unknown projects are really doing it because they pay that channel. Even me I really want to invest on the project that I want like here in tachain. ICOs are having a hard time attracting investments now; That is why we see various coming up with different models to assure investors like this one here. However in my personal view I think the project should invest more in generating actual traffic. Getting actual paying users. |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. COVA made the top of that list. They have a badass team. They could be the only successful project of 2018. And that should make data privacy a solved problem. Many are expecting end of year might be show a good sign? End of December towards January. It is a tough spot to be in now; I think Cova not doing the public sale a is something to their benefit. It’s a nice strategy for the team. Not all Project team would risk not doing public sale, because that’s where much of the funds come. But COVA listing on Huobi gives them the option to sell like in a public sale. They've got decent investors early on I think that helped and helps them going. They can still sell through the exchange and it would be up to them to deliver for investors to be attracted. |
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With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.
It is not only about SEC is also about the central banks and the governing policies of the country; take AML for example; that is to do with crime and finance. It is a whole regulatory organization building up now and not only limited to SEC. Right. And I think it's positive for crypto in future. It will help in keeping crypto clean and not like what we think it is. I mean crypto used by mafia mostly. Yeah and it feels the trend now is towards regulating and regulations. I think that is why bitmax mandates KYCs to conform to those regulations. Regulations, whether we like them or not are gonna be something good in the long run, at least with exchanges. Due to fraudulent activities, it is nice to be able to track a particular user down. Agreed and I am all for regulations and comliance I've seen many get hurt for fraudt in the crypto world; let alone the exchange and who knows what goes under their hoods. |
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There's not much going on in their telegram channel either. Does anyone know what's going on?
But there were always a lot of conversations there.
I guess everyone is waiting for a big announcement. Something Exciting to make everyone ask question about the project, I think the team should come up with an Announcement. We were all waiting for the MVP so hoping that would be announced soon. From the talks with the admins in telgram the mvp was executed according to schedule my only guess for the delay is something to do with compliance? Yeah they said that it's really released on date of scheduled but didn't make it in public yet because of some problems. But I think it's also for the goods of everyone of us why they delayed it. I guess we will just have to wait an see; I think in current market condition no news will do any ICO any good. I think many ICOs are waiting for the market to recover to make their news. I think December would be an interesting time for all. |
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In fact, many ICO projects have promised to give investors a refund for a long time, but in the end they did not fulfill their promise!
It doesn't mean Tachain is one of them, i think we should still give them the benefits of the doubt I think the project team is quite active and it shows a good sign I think if a project is legally registered they will be bound to law. That is why it is important to make sure that the project is legally registered. Are they duly registered yet? I didn't check for that before now It's been long I visited the project telegram group Tachain is not yet registered in the regulators and that means if that was only a rumour. If the ico registered to the regulators and the regulators will give us guarantee to get fines if the ico will not meet our expectation. SEC has been doing it before. It's so simple to imagine about that. I think company that needs to register with the regulators are companies that issue out security and not utility tokens like Tachain, although I stand to be corrected as I don't really see the need for regulations here Wait; they are not registered? you sure? I honestly did not know they were not registred and I think I am sure I read somewhere that they wereregistered but will verify that. |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. COVA made the top of that list. They have a badass team. They could be the only successful project of 2018. And that should make data privacy a solved problem. Many are expecting end of year might be show a good sign? End of December towards January. It is a tough spot to be in now; I think Cova not doing the public sale a is something to their benefit. |
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There's not much going on in their telegram channel either. Does anyone know what's going on?
But there were always a lot of conversations there.
I guess everyone is waiting for a big announcement. Something Exciting to make everyone ask question about the project, I think the team should come up with an Announcement. We were all waiting for the MVP so hoping that would be announced soon. From the talks with the admins in telgram the mvp was executed according to schedule my only guess for the delay is something to do with compliance? |
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I have repeatedly met with this project on the Internet. This is widely known, and many experienced bloggers make feedback about it and say that the project will be successful. I can agree with them, the project is very promising.
Yeah im hoping that the project success because many people will get a benefit on it, like the company , the clients, since they can get a tachain token that can be exchange in other cryptocurrency, its a win-win trade to them. I don't think claims like that should be put out with a backing; I think they have done great signing up taxi drivers that is an important step; I think the next step would determine their ability to execute. Let us see. They seem to be confident with the money back deal which is alright if you ask me. Let us see how they execute. |
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I'm thinking what if huobi or some other exchanges choose to use the Covalent features too? Do you think how secured everything is? It's like they have a x2 secured barrier for their exchanges.
Yes you’re right. It’s going to be revolutionary. Everyone would have to switch to Cova://. It’s no cost but secure. More security for Exchanges too, users data would be more secure than ever. Yeah! I can't really think how big it will going to be once they implented it. Cova is really a good and promising project that most of us and big people are waiting because of their ideas about the project. I think they have been doing all the right choices; I mean a massive exchange guaranteed, profs from Harvard, the partnership with stable coin. I think they are doing all the right things |
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With SEC rules coming down on CryptoCurrency and everyone involved, it’s important for everyone to Verify Residency. Also, it’s to protect traders on the exchange.
It is not only about SEC is also about the central banks and the governing policies of the country; take AML for example; that is to do with crime and finance. It is a whole regulatory organization building up now and not only limited to SEC. Right. And I think it's positive for crypto in future. It will help in keeping crypto clean and not like what we think it is. I mean crypto used by mafia mostly. Yeah and it feels the trend now is towards regulating and regulations. I think that is why bitmax mandates KYCs to conform to those regulations. |
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I personally think they should abandon their ICO and try to find an alternative way to raise funds for their development. I would suggest the ONAM team looks into starting their own STO or trying to secure private investments.
Yes, you are right. But the money raised at the ICO is easy money, you can spend it on cars and traveling - and this will not be against the law. That could be a possible alternative but I think given they are starting an Exchange they have a good shot if they target private investors. ICOs are not that effective now. |
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Dear community, Has anybody seen the video by YouTube blogger Keith Wareing, where he is taking interview with Eric Van Loon, who is Co-Founder of Tachain project...? Here is the link: https://www.youtube.com/watch?v=uTetuEiiSnsGuys are offering risk-free investment opportunity, in my opinion this is a great idea which might change the way people think about ICOs and participate in them. I personally have lost a portion of my money by investing in ICOs last and this year, but this idea is just brilliant - you can wait for 1 year, see what happens to the project and then (before they go mainnet) decide what to do - either to stay with the project and get mainnet coins, or to exchange them back into the same amount of ETH/BTC invested. I personally love the project itself, had been following it for some time, but have not invested yet. Now I am pretty sure I will invest something. If anybody is interested, please check their web-site and share your opinion: https://tachain.io/What do you guys think? Let's share our opinions, really interesting. Thank you! Well, it might be worth a short but this isn't the first with moneyback guarantee. Ingot coin, humancoin all these projects are giving back investors their money as the request (money back guarantee). DAICO to is an implementation that does that I don't they claimed they are the first or the only; either case; I think giving back money is always the case if the ICO did not hit it softcap; other than that if they are registered and legally bound I think it is a shot worth considering. |
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It's now very useful, to buy these tokens. this is important, because in the future, its price will grow, and we will be able to have a good profit from tokens.
Thats right. But where to buy this token? Is it already available somewhere to buy or trading somewhere? I am trying to find those details for already long time now. where have you been the last few days? Cova won the voting on Huobi and will be listed there soon. And then we will buy:-) Lol like seriously everyone is talking about it everyone non stop how is it that anyone would be able to miss that is amazing in and of itself lol Lol it is everywhere. It was surprising that they had more than 70k votes. I think they've striked the perfect balance; large exchange no public sale and the great advisors. |
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I really do not understand the rationale behind the delay of the MVP
It's almost taking forever to release, I asked in the group and it seems postponed to an unknown date
Well, that's really sad. The ICO is running till the 21st of December. It would've been good to have the MVP as early as possible so that as many potential investors can try it out and so get convinced about the exchange and their investment. True, it’ll surely give them a boost in their ICO if they’ve released their MVP that’ll surely let investors know just how serious the team is The postponement of the Beta is a pity and of course, it will not foster the token sale. I hope that the team can release it before the ICO ends. Any reasons why it was postponed? I was talked to one of the admins on the release date and told me it is few hours away. then i read that it was postponed. |
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