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Binance become most powerful exchange because they are very innovative and know what people want. This can be for so long as long as binance know how to treat users. But, I dont think think this will last forever. In the next few years, there must be more innovative exchanges that will surpass binance. Isn't it how the crypto exchange work?
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Does tokensale really need regulation?
If the need is because many scam projects, there are a lot scam project in centralized business still. So, in my opinion we dont need goverment to become our savior by regulate ICO, but goverment itself need to regulate ICO so that they can tax us.
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If you buy a stock, you must be supporting them and hope them succeed and the you can have a good return. It's the same, you buy crypto that you support the team to do something good and hope you can have a good return. It is nothing wrong, you just need to be more careful in what you are supporting.
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Many projects try to build a new exchanges and claim that they are the best. I think these exchange will promote crypto in wider range and more new people will know about crypto and come to crypto space. It means that the total volume will be higher than before. By time, when the exchange indurstry become tough one by one will announce that they will close their operations and only the real strong exchanges left.
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this rule is the same as the rules about kyc, where kyc is only required for participants and managers do not do it and run away when their responsibilities cannot be fulfilled. not fair indeed, but the crypto industry which has not been legalized by the government is indeed still a lot that is unfair.
Have you found a project that run like what you just said? Then you can complaint to the team and ask them why they are doing so. Your complaint might not be heard but then you can avoid a new project from that manager. |
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What platform will be used to create BFB token? and How the tokensale will be conducted? We do not plan to use any platform for the token sale, we already have our own, this is the engine of the exchange. Our token can be classified as an exchange-based token. The sale has already begun since April 15, we decided to do so in order to achieve the most honest distribution of the token between investors, without bounty and presale at a special low price. I also want to note that we are very limited in manipulations and can not run the bot to create visibility, because each transaction automatically accrues interest to all investors. Everyone can easily verify the unavailability of manipulation, if he will look into the category of "Investment" in the header. It's interesting to know all about this since this is a unique things. Exchange-based tokens? How the transactions work? Does it have its own algorithm and blockchain? Or it's just a centralize token, maybe like a stock? |
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Just checked the exchange, it uses classic interface, good enough.
What platform will be used to create BFB token? and How the tokensale will be conducted?
I think you still need much informations to be added on this thread, as you are a newbie it's impossible to add graphic on the thread. Therefore, you may need to buy chopper member or hire higher rank member to help you post the thread to perform graphics.
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here are my opinions : - KYC proccess is to prevent money laundering, therefore it's not really necessary for bounty hunters, unless they will buying tokens at tokensale.
- I agree that content campaign should be checked carefully or give a hard rules, but the amount of tokens they received is related to the portion of total stake of the campaigns. If someone has a minimum stake but no one is accepted on the campaigns then he/she deserves to get 100% of campaign allocation.
- There's a website which can automatically check real followers, it's not about real or fake but the most important is that their follower is related to crypto or not
I don't agree that only scammers are dumping their coins. Anyone have right to buy or sell any of their asset, it's their rights. They have been paid for doing their jobs, and not scamming anyone. |
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I don't know much about this platform but the fact that PewDiePie joined the platform is a sing a single sign that the project is serious enough to operate. I heard that content creator or streamer would be highly appreciated with the high payment. Is anyone here have every try to use the platform? How do you feel? Is the platform easy to use?
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Do you think it is possible to trade coins cross-chain?
I think the main reason is that most of decentralize exchanges are limited for a single blockchain. It makes people feel hard to trade their coins and tokens from different blockchain. Other reason is the UI and wallet, centralize exchanges have better UI and most centralize exchanges save customers assets on only some wallets and the asset shown on user's page is just the balance and users can trade with others without having real transactions which would not affect the blockchain traffict. However, decentralize exchange will always create a transaction for every trade and make heavy blockchain trafficts.
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For me, all of them is important for the project.
But today, the most important thing is community. Don't you ever find a project which the team and developers are unknown but the community is really big and the value of their token is really high? It's totally community driven project. Same as Bitcoin which was, is, and will be always the most valuable curreny in the crypto space.
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People can get redtrusts for various reasons. Promoting scam projects, cheating bounty, etc.
In my opinion, a project is okay to hire a redtrust managers as long as the redtrust is not related to bounty campaigns. A redtrust managers that don't accepted redtrust bounty hunters must be because the bounty hunters has been bumped for cheating bounty or anyting bad regarding bounty campaigns. If not, then it's nonsense.
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Some project's kyc are son frustrating that, you might not be able to get get despite providing all the necessary delays demanded.
I have had encounter with some, who ask for live video coverage of oneself. What for?
They can still be avoided since there are so many projects that do not demand kyc.
In my opinion, high quality project need to apply KYC procces to their customers. It means the project is very serious and is really avoiding money laundering or anything bad. Although, there are some low quality or even scam projects not apply KYC on their tokensales. However, I agree that some KYC proccess is really frustating and taking much times and not demanding KYC doesn't mean scam. No KYC is okay, but KYC is better. |
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A lot of my friends has trading Bitcoin since 2014 but I personally active on crypto space since 2017 or about two years ago.
The best profit is in the whole 2017 when Bitcoin being hype and altcoin followed up. I could get average profit about 15% a day from my total Investment. Unfortunately, I don't invest in a any new projects so much, that's why I'm not really sure how much the profit received.
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That's pretty cool for a new project to get listed on exchange easily for liquidity. If I were a project developer, I would not lost my token easily in random exchange server to protect my investors from fraud.
However, I will better to pay some fee to get listed on a trusty exchange than to get listed for free on untrusty one.
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Did not read the white paper yet but the presentation of announcement thread is enough to say that the project looks great. I have some questions for you, how did you decide to put the application fees to those dollars? What are the considerations?
Also, the softcap is quite huge, what if at the end you don't reach softcap?
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Is there any statement that the casino will be fair that the platfrom is not taking much advantage from the players? It would be great for both players and platform, right? to gain trust.
Well, personally, I have confidence in the fact that they have almost launched the finished product and everyone can test it. but I see the project only as an investor and not as a player. Let's be real, the increasing price should be because demand from people. The fair game in the casino is a mandatory so that players would not feel got cheated or something. It will impact to the players perspective and help then decide to buy more tokens or not. However as an investors, we also need to see if a project have a real potention of success or will just be brought up by hype. This is and important thing. |
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I see that the softcap is pretty high. Even the market is slightly going up which is a positive sign for investors and project, what makes you think that you are able to reach the soft cap? What happen if the project doesn't reach softcap?
I don't think $800,000 soft cap is too much for such a project. Lets see if they can meet the requirement funds within 29 days as the ico will be start on 30th april. For a private sale, I agree that is not really much. But for other stages, the softcaps are pretty high and if the decision is to return money when the softcap is not reached, then it will be wasting too much time in my personal opinion. However, the project cann still running by applying minimum cap under the softcaps or either reduce softcaps. |
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I dont know why many projects love to implement a masternode on their platform. I personally think that masternode is not a good thing to define that the project is interesting. So, what makes you decide to apply masternode ecosytem?
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With hype, some coins can easily be pumped to the moon. But, if the hype has no real fact, it will end with disappointment from people. Back to 2017 when Bitcoin reached 19K USD, it's too much hype, but then people get disappointed and start selling Bitcoin and make a big dump till today.
There were many such pampas in the crypto currency , and I think there will be more , I think now we are standing on the border of the fact that the crypto currency can start a bullish trend And crypto will get hyped for once more. There are both positive and negative effects of hype. So, for me if there is a huge hype which proved by increasing price without any idea, then there will be a huge jump down later. |
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