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The betting site has been renamed some time ago and redesigned. On the Gifcoin page but still screenshots with the old name can be seen and it is always mentioned only Vitalbet.
I think Gifcoin should update the page as soon as possible
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That is a reasonable expansion plan given they were able to pull 2 plants so far. If they 2 plants break even expansion would not be a problem. I think it would all down to the available funds to actually start those otherwise it going to take longer until the business is sustainable.
The concept is solid, its just for them to maintain the cash flow and reinvestment plan to expand additional plants, i'd like to see them modernize the plants as they go along for the plants they buy instead of build as i'd imagine they aren't exactly the most modern platforms, can't wait to see some videos with the plants flying the 4new logo big and bold. Are they really buying all the plants? I don't know how much you have to pay for a working waste-to-energy plant but I can imagine it to be quite a lot. Maybe partnerships with other plant-operating companies could be a cheaper solution? To my knowdledve their purchasing them, that’s why it’s 2 to start that’s what they budgeted for and the. Eventually they will reinvest from the first plants to expand the number of plants that they have to grow the business as part of the reinvestments Okay, I see. Owning the plants definitely has its benefits, too. I am just wondering how they will manage to have enough money to buy up to 22 more plants in the future. Will they reinvest their part of the profit from the first 2 (3) plants completely into new plants? That's what I asked myself when I heard about it. 22 power plants are a lot, maybe they rent in which one? I'll have to see if there's any specific information anywhere. Or I ask in the telegram channel |
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They seem to have a working product that is still in closed. The CTO is Alvin Wang and seems to have had quite the experience working for Google. It also seem has worked for VISA. I am curious why they chosen Stellar for their platform though.
Stellars a pretty wicked platform, i've played with it a bit its a lot like ethereum but a has some nice differences, if your worried don't be i think its a solid choice, not everything can or should be on ethereum as who knows what the future holds. Good to see their CTO has a lot of experience with big companies hopefully he can turn superbloom into his next big project. Now I had to look directly at who the CTO is :-) 20 years of experience and collaboration with the Cloudsystems of Google and Visa. These are impressive references. Would be nice if Superbloom one day is just as big |
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I had interest to more for this project, just wait... Im still confused for a statement built on stellar then you like have creat token of ERC-20 Ethereum. Trying to looking more an information through whitepaper, then i have for the link were we need some an email to looking those whitepaper... so annoying.
Thats exactly the question I also had it. Built on stellar but with ERC-20 tokens. Something is not matching. I am also looking forward to hear from the team to give more details on that aspect. Is not it often the case that projects issue ERC20 tokens first and then swap after a few months? But honestly, I'm not familiar with stellar yet, is it even possible to swap ERC20 tokens to Stellar? |
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Vanig is focusing on accepting only VANIG tokens and fiat as part of first product roll out. BTC and other top crypto's will be planned for later roll outs.
Im glad to hear it, I was a bit concerned hearing just VANIG tokens accepted, but I did think they would roll it out shortly. I guess it's good to test the product before it even gets rolled out to prevent bugs Accepting fiat and their own is a a good way to both give vanig an intrinsic value against fiat but also allows them to focus down their work before they go expanding to who knows how many other currencies that would require wallets running and integration works. Vanig and FIAT both enough I think for initial stage. Most of the transaction will be done using Vanig tokens only I think. Rewards and cashback will be in Vanig tokens. Is there any discount if you pay with VANIG Tokens instead of Fiat? because then a lot of people would want to buy their product with their Tokens. That's a good question. Finally, you get paid the reward in tokens. I think it would be a good idea if you only get it when you pay in tokens. That would be good for the price of the token and therefore good for us investors |
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I think energy market needs a platform like Bittwatt, where producer and consumer benefit from the collaboration. And the platform is also accessible free for all participants.
Yes, I also think that it's been a long time for a project like Bittwatt. I'm really looking forward to finally being able to use my self-produced stream on a simple exchange I agree. Best thing is that more and more energy generated using natural resources (like solar and wind ) will come into use. Using Bittwatt platform more and more individual will be able to sell energy. Maybe I'm a bit too naive. but if then each user can generate and sell electricity himself, that is an incentive to build many solar panels. maybe this will help reduce CO2 and stop climate change. But maybe I'm just a dreamer |
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What is it like when a hacker realizes that he is attacking a Bitfence honey pot and somehow bypasses it? Can he then move freely in the Bitfence network?
I do not think it works like that he is not in the Bitfence network he is only in the honeypot and trying to hack that. True, i once read Bitfence will allow hackers attack the honey pot which is totally separate from Bitfence network. With what the team intends to develop i highly doubt hackers stand a chance in bypassing Bitfence network. Just look if you were to hack an Anti-virus on a client machine, you then don't have access to the entire network. All the honeypot is doing is sending back a signature of the hacker it's not going to have a SSH or RDP tunnel to the network lol. Thank you all for the explanations. I am a noob in internet security and do not know very well :-) That's why I like bitfence, they help me to secure my network as easily as possible |
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I correctly understand that this will be a store based on the Chain block, consumers can buy something through your site, or I misunderstood you?
that is correct. Vanig will be the next big online shop, if you like. Unlike others, vanig will protect against counterfeit goods and there will be no purchased reviews. As a buyer and seller you get on the platform Vanig Tokens as a reward for every transaction. You see, they do a lot better than the others |
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From what i have read on the Gifcoin telegram channel, this is the final extension of the ICO, and it will end on 12 June. Also, they don't plan to be listed on exchanges until the first dividends will be paid( December), so when they get listed the price of the coin will have a bigger price, as everyone will see how big the dividends will be.
However, on their website it is written that "We are negotiating with the largest cryptocurrency exchanges to feature GIFcoin after the ICO has finished."  That's why I say we should wait for an official statement before we discuss it here. I have not read anything like this before, so I continue to assume that there will be a listing right after the ICO |
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I have now registered as a beta tester. The whole thing sounds very interesting, with the beta version, I'll be able to make a more accurate picture then
I hope it does not take too long
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I think energy market needs a platform like Bittwatt, where producer and consumer benefit from the collaboration. And the platform is also accessible free for all participants.
Yes, I also think that it's been a long time for a project like Bittwatt. I'm really looking forward to finally being able to use my self-produced stream on a simple exchange |
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how can I understand that with the free tokens from tokensales? will superbloom organize ICOs and from these investors get tokens pro rata? That sounds very good and would be a good incentive to invest here
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Do I understand correctly that you have already acquired 2 plants? thanks to everyone who answers, but tell me, is the manager on the phone? or is it worth writing to them in a telegram?
Yeah, there is already 2 plants on site and 2 more planned to be purchased and trust me you will get faster reply in there telegram here https://web.telegram.org/#/im?p=@FRNCoin and the president is quite active there Manager and their team has been pretty responsive the few times i've asked questions in the chat, only few times at odd hours i had to wait a while and they still eventually got back to me which was cool It's impressive seeing a project so active and taking prompt action, acquiring and implement 2 plants already which are already operational as we speak. Will look forward to seeing the progression on this one in 2018 I get the feeling they were able to pull of the quick turn around because they raised so much so fast, thats the good part of crypto once they get the crypto its available to use and spend, they dont have to wait for checks to clear or wire transfers to process from investors, they just get the crypto and can then do with it as they please to make commitments like the plant purchases. Yup, two plants already producing 10 MW of energy together, with plans for 22 plants in total in the next 5 years! 22 power plants in the next 5 years? you must be kidding! And in all there should be mining farms? These must be unimaginable hashrates, and we ICO investors are going to earn us golden noses! (if there is this proverb in English) |
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What is it like when a hacker realizes that he is attacking a Bitfence honey pot and somehow bypasses it? Can he then move freely in the Bitfence network?
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It is the most critical milestone to have an MVP. Without the MVP the problem you are trying to solve is unclear. The team can then expand on the MVP as they collect the feedback from the users. Which brings me to the question who are the users so far? any information on that?
I am not sure but I guess right now they are only testing it team-internally. I don't think there are public closed-beta testers. Otherwise, there would have been a possibility to apply for a beta testing spot, right? Users are expected to be able to test the MVP next week, which is already in some posts above. Now they prefer to test it internally, an error-prone MVP does not make a good impression. Think the MVP will then look very good and give us a good impression of the platform. I am looking forward to it |
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Thing that interests me is I wonder if the prices will fluctuate during the day? For example in the evenings when alot of people are at home, using electric etc would it be more expensive than say the dead of night, or during the working day.. Going to be interesting to see what arbitrage opportunities there are.
I am curious also how will the use of electricity dictate the price of bittwatt in the market and as the price of electricity is more of a stagnant one will bittwatt see its price change frequently. I don't expect price fluctuations in hourly basis. But it's possible that price will change on weekly basis. Energy prices will change based on demand and supply and we need to identify how and when it change  The price is always bound to demand and supply in my opinion. Actually during the day I think the cost would be higher because of business consuming a lot of energy to run it processes. Home consumption is not as heavy as businesses'. This is all going to be exciting to see in action. Yeah you are actually right... Lots of power is consumed during the day time both from businesses, schools, construction companies and home use but at night less energy is used as almost everyone is resting. This is true, and already visible on old style power exchanges and even on your own power bill in most countries you'll see that their are onpeak and offpeak hours for power, thats why theirs a big push towards people having their own battery systems for their houses so they can store at night and power from battery during peak hours. I'd imagine we will see similar type of price fluctuations but more natural and based on real supply and demand in a system like bittwatt From the idea with the battery, which is to save the energy at night, I have not heard anything yet. But actually it is a very good idea. Nobody in my country thought of that yet. That is probably also because the available batteries are not yet powerful enough. Until then, you can let Bittwatt store the surplus electricity. that is also a very good idea :-) |
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I've contacted the Energy distributor from Romania that will accept Bittwatt as a payment method, and they confirmed me that it will be possible to pay the natural gas and electricity bill using Bittwatt. This is really exciting, and i am looking forward to see more and more countries added to the list of countries that will get into the Bittwatt ecosystem.
that's really great news. But I would like to have an official statement from Bittwatt. I know that the project has already started in Romania, but I have not read anything official so far. Has anyone here more information? |
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According to the Vanig Telegram channel, the MVP is in beta testing and will released next week. It is a good sign, that the MVP will be available before the Presale begin. This will push the project and attract more potential investors.
This is great news i just confirmed from their telegram channel as well, i trust investors will be glad to know about MVP release, really do give Vanig presale a boost looking forward to the release date. Yeah, an MVP is so important. Some investors only put their money in a project with at least a working MVP. I can totally understand them. It's something completely different when you invest in a project that has a working product to show than in only a fancy whitepaper. This is really a big news, the mvp being released before the presale begins even makes it a better news as it will benefit the team and attract attention towards the project. Have they released any information on how you can join the beta testing for the platform yet? and is the beta open to all, or restricted does anyone know? Right now it's a closed beta testing. But once they release the MVP, I guess everyone can try it out. I think you are right. The beta testing is closed, but if the MVP has been released, hopefully next week, then everybody can test it. But it would have been more fun if some selected few from the community can join in the beta testing... With that they might have a feel of what the community want from the critics and reviews. That's a good point and i will be delighted if they will do this, nothing beats the power of a first hand experience, the community will be the ones to testify of how lovely the product is and there reviews will be very much considered, Vanig should look for a way to add this as part of the beta testing process, i'm sure it will do a lot of good in the marketing process of this project 'm looking forward to next week and the MVP. I will test it for sure. It's nice to be there from the beginning and see the baby grow :-) We should take screenshots of the MVP and then compare it to the finished product to see how the platform has evolved |
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From what i have read on the Gifcoin telegram channel, this is the final extension of the ICO, and it will end on 12 June. Also, they don't plan to be listed on exchanges until the first dividends will be paid( December), so when they get listed the price of the coin will have a bigger price, as everyone will see how big the dividends will be.
Phew, that's a very long time to wait with the listing. But a good decision, that prevents dumping in the first few days after listing I find it more interesting to say that there will already be a dividend this year. I would have expected only in 2019. That's very good news |
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Damn that power plant in the video on their site is very awesome. They should hang their logo (4new) up there to show everybody that they have power. Actually how many workers will work on the power plant ?
Yep the video was a great step forward haven’t heard numbers on employees I’m hoping we see them hang the logo and show off the branding soon as it would reassure he investors I think I recently watched an updated video of 4NEW plants the video had their logo on it. https://www.youtube.com/watch?v=siEExxljA-8nice video, the first few seconds I already knew. but the animation they show after that is new to me. The mining farm looks impressive. Let's see if that's really that big when it's ready |
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