Why does a travel app need to be decentralized in the first place  Agreed, some apps just don't need blockchain and it's ridiculous that they try to incorporate it just for funding. |
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It is nearly impossible to find potential 50x coin. I would personally seek 2x 3x coins much better than seeking 50x. It is basically gambling buying those ultra cheap coins to wait a year.
I agree. You can't look for 50x coins, it's impossible to know. But 2x-5x coins are easy to spot out (Chainlink anyone?) during ICOs, and then you can hold it and potentially make more long-term. I looked at chainlink. Great project but it is already $150MM... Yes. It's too late for Chainlink, everyone has caught on. It's an incredible project but at 150MM you're taking a huge gamble on it continuing to go up, when it could sit comfortably at half that in 2 weeks from now. Sweet spot is below $4MM imho. Yeah, riskier though. |
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It is nearly impossible to find potential 50x coin. I would personally seek 2x 3x coins much better than seeking 50x. It is basically gambling buying those ultra cheap coins to wait a year.
I agree. You can't look for 50x coins, it's impossible to know. But 2x-5x coins are easy to spot out (Chainlink anyone?) during ICOs, and then you can hold it and potentially make more long-term. I looked at chainlink. Great project but it is already $150MM... Yes. It's too late for Chainlink, everyone has caught on. It's an incredible project but at 150MM you're taking a huge gamble on it continuing to go up, when it could sit comfortably at half that in 2 weeks from now. |
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Airtoken will have some challenges. There have been other services with a similar aim, but failed. The only place you really still see this model is airports.
Airtoken is a cut-paste ICO in my opinion, it's been done 100x by now. |
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+1 for Upfiring.
mayankgera, Ambrosus is interesting but why does the product really need blockchain?
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Upfiring is a great project with massive potential. It's incentivized P2P file-sharing that pays people to seed files. The goal is to encourage people to want to seed files on Upfiring rather than on apps like uTorrent or SoulseekQT, because seeders get rewarded with UFR tokens.
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How do you promote to attract investors to join? I think you need some people to work with the team. yes bounty hunter is ready.  This does look like the kind of software where promotion will take care of itself, once it's live and working. I mean, which seeders don't want to get paid? And which peers don't want to get rid of the adware infested torrent websites that we have currently? Yes, this is exactly the premise. People don't typically seed in normal P2P torrent apps because there is no reason to. Upfiring changes that by incentivizing it, so people will have a real reason to use the app. The fact that so many people will want to seed files means faster and more widely available downloads as well. |
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8% going to legal and regulatory expenses? Shouldn't this be zero though, that's why we're moving towards decentralization, to get rid of "legal" and "regulatory".
Legal and regulatory steps still need to be taken to ensure we're not stepping into the crosshairs of any regulatory agencies. Ideally the legal work we do will all be preventative. |
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Is Ethereum SWARM the main competitor of this project? How is development on that going?
The main competitors are projects like Filecoin and IPFS, but overall this project differs from those in a lot of ways. Filecoin is concerned with storing files on the blockchain and renting out storage space, while we're more focused on file-sharing and the ability to earn tokens for seeding. We'll also have to compete with uTorrent and SoulseekQt. Compared to those applications, our main advantage is offering an incentive for sharing files. This will promote seeding and allow for higher file availability - aka more files overall on the network and faster downloads. Could you say that you're like torrents where seeders get paid? I've been a seeder more than a peer my whole life, and I've never been rewarded for that in any way. It would be something if that changes. Yes, it is essentially that - crypto rewards for seeding, but the file doesn't have to be a torrent. Almost any type of file can be seeded. |
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The Upfiring Contribution Period is now live, by the way!
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Is Ethereum SWARM the main competitor of this project? How is development on that going?
The main competitors are projects like Filecoin and IPFS, but overall this project differs from those in a lot of ways. Filecoin is concerned with storing files on the blockchain and renting out storage space, while we're more focused on file-sharing and the ability to earn tokens for seeding. We'll also have to compete with uTorrent and SoulseekQt. Compared to those applications, our main advantage is offering an incentive for sharing files. This will promote seeding and allow for higher file availability - aka more files overall on the network and faster downloads. |
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Jezus: Absolutely, we are currently working on applications to Bittrex, Liqui, Binance, Etherdelta, 0x, and a few others.
And thank you Zakalwe for that - it seems like pictures are showing up on the original post now as well.
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Good day, Team!
Will you provide some bounty campaign for you ICO?
We will not be doing a bounty campaign, the only way to acquire UFR is through the crowdsale at the moment. After the crowdsale there will likely be a few small bounty campaigns/offers. |
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Bitcoin Cash by far. It has the same purpose as Bitcoin with a huge market cap, and no real-world use at all.
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This is pretty cool, wishing you the best with this. Definitely don't hold too much pre-mine  |
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It's not that they're SEC compliant - the SEC hasn't really drafted the full rules yet. It's an ongoing process but for now most ICO's have the greenlight as long as they're not blatantly securities.
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 WEB | FACEBOOK | TWITTER | REDDIT | WHITEPAPER CONTRIBUTION PERIOD v1.0.Start Time: October 3rd, 2017 at 12:00 PM EST End Time: October 31st, 2017 at 11:59 AM EST Updated: Amount Raised: ~844 ETH Cryptocurrencies Accepted: ETH, BTC, LTC TOKEN DISTRIBUTIONTo ensure the fair distribution of UFR tokens, we have no pre-sale or special bonuses. The Contribution Period is the only way to acquire UFR and the rate is standardized. UFR tokens are minted when ETH is sent to the contract. We do not use whitelisted addresses or participate in any 3rd-party allocations.  *This has been updated and scaled down to a maximum supply of 24,000,000 UFR. Full update here: https://www.reddit.com/r/Upfiring/comments/7ck86w/ufr_token_burn_event_on_november_19th_updated/24,000,000 UFR was generated in the contribution period. A small number of tokens are reserved for in-app use, the team, and a potential 2nd contribution period only in the event that additional funding is needed for the continuation of the project. This would only take place in the distant future after key roadmap events have been completed and well into the main application launch - otherwise, those tokens will be burned.** **Token distribution and reserve supply has also been scaled down with the burn event, and a 2nd contribution period has been ruled out. The project has the required funding to proceed.  How will Upfiring work?Upfiring is a P2P file-sharing application that encrypts and distributes files between peers over a decentralized network. Upfiring operates similarly to services like uTorrent but with several key upgrades and inherent advantages. All transactions are linked to the Ethereum blockchain - allowing transactions to run securely and for proof-of-transfer protocols to be carried out between peers. The movement of files across the network requires Upfire tokens (UFR). When a user downloads a file from a seeder, the user pays for the transaction with UFR - which covers the cost of gas and compensates the seeder for offering the file to the network. This allows users to earn passive income by seeding files and allows users download large quantities of files at an extremely low cost. Upfiring supports the exchange of many different file types on the network, including .torrent and magnet files.  How will Upfiring ensure seeders are compensated?Files seeded on the Upfiring network will be encrypted so that other P2P services cannot access them without using the Upfiring Desktop application. Smart contracts written in Solidity govern the process and ensure the successful transfer of tokens and files in each transaction. This allows anyone to earn tokens passively and trustlessly by simply seeding files in the Upfiring Desktop or mobile client. |
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I think it will definitely reach $450 or even $500+ if we're lucky. Bitcoin has already far surpassed its previous ATH and the only thing holding back ETH before was the massive pre-August 1st bear market.
Even if it doesn't happen this week, it's bound to happen in the coming months. Holding is a good idea.
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Have you been on weexchange.co? You can login on your account now, but data does not seem to be updated.
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Have you been trying to login into WeEx?
You can login again, but the database hasn't been updated since Sept 2013.
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