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Important notice! Bounty youtube videos are going to be calculated manually.
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Good news for my self!
Find out few minutes ago that my referral income is 5.1 ETH
How can I see who did STE purchasing by my referral link?
Not now. The team is fulltime working on the platform. The partner program will be updated a bit later. Detailed stats are going to be introduced after Stex goes live with the trading platform. You will continue to earn commissions referring investors and traders. |
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STEX team
Trying to understand the logic behind this provision in the white paper:
6. During the ICO the STE coin price will automatically double after every 10% portion of
coins is sold. For example, if the start price of STE is 0.001 ETH, after 10% of all tokens is
sold, the price will become 0.002 ETH, after another 10% (that is 20%) it will be 0.004 and so
on. You will be able to sell your tokens after the ICO ends.
Basically this will have a compounding affect on the token price. At the point that 50% of tokens are sold...the price will have increased 32x from the original price. In order to sell all tokens during the ICO, the final investors will be paying over 1,000x the original price. Based on the example you give in the clause above, the price of one STE will increase from 0.001 ETH at the start of the ICO, to 1.024 ETH for the final 10%.
If nothing else (assuming my maths isnt flawed, or i've not misunderstood this provision), this will surely act as a major disincentive for ICO investors after, say, 20-30% have been sold and will price STE very high relative to the market and total number of coins out (i.e. 100,000,000 cap).
Look forward to your thoughts on this or correcting my assumptions.
Thanks
RJC
This doubling of price with 10% was just a raw initial idea, a kind of MVP. We wanted to get the feedback and got it. Therefore the price will be increasing more gradually. Ivan is making the next version of the scenario table at the moment. It is going to be published soon. The overall idea was to set the brakes at around 50% of sold tokens in order to stop the public from buying more. We are yet to decide at what level the brakes system will be set. It will be announced on our public channels before the ICO |
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Then unanimously agreed  to make the ICO minimum 0.10 ETH |
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Man, I keep coming back to this project, because I really like it!
The only thing that's bothering me is the .5 ETH minimum. I look at a lot of ICOs and generally don't like to invest over .25 ETH, because I like to diversify a lot. So this would be double the amount I prefer to drop on these ICOs.
Is there a reason why this minimum is so much higher than most ICOs?
Actually, this in not an ICO but a limited preSale. It is quite common for a presale to limit the contribution to $2000-3000 minimum. STeX made it just 0.5 ETH Ah, I see what you're saying. But on the site it says the ICO is also going to have a 0.5 ETH minimum. Are you planning on keeping it that way then? No, I think a lesser ammount would be fair. You suggestions? 0.1 ETH? |
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Hi there! So I noticed your commission calc https://stex.exchange/media/STEcalculator.htmNow current total 24h volume is around 14000000 eth Poloniex is making around 4.3% of total daily volume , do you really think you ll beat polo in your very first year of operation? But forget polo , let’s take a smaller but very wellknown exchange Liqui is making around 0.3% (32 out of 178 exchanges listed in cmc) and imho it will be great success for you to beat liqui in 2018 If we input 0.3% to your calc here is what we get https://gyazo.com/4b9319e0a18cabcf2db7a82ea993eaacSo what? We ll have negative commissions ? We ll have -174% Cash-out net profit if you can’t beat a well established exchange ?! Is there something wrong with my calculations*? *All the numbers i used is derived from coinmarketcap You completely forgot about the fixed costs and STeX horizontal scaling. There's no need to pay for infrustructure in advance if you STeX doesn't need it at the moment. Fixed cost must be adjusted for 0.3% market share to like 5 ETH and even less. https://s.mail.ru/KaoR/WECdGyEdzThe rest of variables being equal, I got 256% ROI (return on investment). |
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Man, I keep coming back to this project, because I really like it!
The only thing that's bothering me is the .5 ETH minimum. I look at a lot of ICOs and generally don't like to invest over .25 ETH, because I like to diversify a lot. So this would be double the amount I prefer to drop on these ICOs.
Is there a reason why this minimum is so much higher than most ICOs?
Actually, this in not an ICO but a limited preSale. It is quite common for a presale to limit the contribution to $2000-3000 minimum. STeX made it just 0.5 ETH |
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It is going to be published our the STeX website soon.
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How works the partner with Wings? I knew Stex by Wings community. I bought some Stex in pre-sale now  . Very positively. We have an arrangement already. Hope the Wings tech department will manange with the beta release before our ICO. If they have any delays we would have two choices: either postpone our ICO for a week or two, or start on our onw. I like the first one much better. |
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For the current presale you are approximately correct. After we pay out all presale bounty we are going to review and update the % pool for the coming ICO based on our marketing analysis.
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We have an important news for both our investors and partners! Since we hit our minimum cap for the preSale we are now starting to withdraw part of the raised ETH to start financing the STeX infrastructure and the development process. We also start paying our partners from our STeX UP! partner program in real time. You can choose the withdrawal amount in ETH on this page https://stex.exchange/stexupWe know most of you want to participate in STeX presale and get our STE tokens. We cannot pay our affiliates in STE at the moment, therefore you can withdraw your partner balance in ETH and buy STE on the preSale page directly paying to our smart contract address. This way you can become both our partners and STE token holders and participate in the 100% distribution of STeX dividends from commissions. We hope this move will attract even more attention to the Exchange 3.0 Aggregator project which aims at creating the liquidity in the crypto market and making possible to trade the 10 000 cross-rates of major top 100 coins after the launch of STeX.exchange in the 1-st quarter of 2018. Hurry up to invite even more investors into STeX Exchange before the preSale close on September 30 or reaching the hard cap. So I take it for the people that don't make it over the .6 eth withdrawal limit, their eth commission rewards will automatically get paid out at the end of the Pre-sale? Referral program will continue into the coming ICO and after that into STeX trading operations my fault, I probably phrased my question wrong. The real question = at what point in the future do you plan to remove the eth withdrawal limit? For presale and ICO there is going to be a 0.6 ETH limit. After that we may review the limits for referring traders to make the program appealing to partners. |
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HI STEX TEAM , I have joined the social Bounty for facebook twitter and blog . Hope u can answer my question ! ! 1. I have written a Steemit article about STEX and Medium Article and have submitted to https://stex.exchange/bounty/ , my steemit article is https://steemit.com/cryptocurrency/@jeremy77/ico-stex-exchange-do-not-miss-out-on-this-https-stex-exchange-up-kew0v4pukjngETH Address: <a title="See this address on the blockchain explorer" href=" https://etherscan.io/address/0x328FceAE5d7090f9FBC483bCa6A6e289b83005Cc" class="ext-etheraddresslookup-link" target="_blank">0x328FceAE5d7090f9FBC483bCa6A6e289b83005Cc</a> Currently on https://stex.exchange/bounty/stat/ , "Other: 0 %" This is for my steemit article and medium article , and it would be calculated manually by you guys and added to my statistics after presale end ? 2. Your earned % of the total funds raised from the current PreSale and coming ICO. Twitter: 0.01% Facebook: 0.01 % Other: 0.01 % Total: 0.03 % Example if i earn 0.03% total and I opt for STE tokens as payment, IF presale ended with 10mil tokens sold and Ico end with 30million sold , is it true that I will get Presale: 0.03% x 10 MIL tokens = 3000 STE tokens ICO: 0.03% X 30Mil tokens = 9000 STE tokens total 12,000 STE tokens , is my calculation correct ? ( all number given above is not real but just for calculation purposes ) Hope to hear from you soon ! STex team please answer my question !! Nick said Medium and steemit articles are going to be added under the label "Blogs and Marketing" in the stats section after the end of presale. Now all articles, steemit, medium etc posts are under the "Other" label in the stats section on https://stex.exchange/bountyBTW, You did a great job on steemit. As for stats they are approximate, since there is a lot of spam which we will have to weed out by using additional filters and manually. Stex has a great bounty program and all fair participants will be rewarded generously. |
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Zebrano już 7200 ETH |
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do i have 2 make an entry for each tweet seperately? cause i did multiple tweets in 1 line and it looks like the system doesnt get it
You need to make it separately. If something goes wrong we will check manually |
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STeX hit 7000 ETH raised today!  |
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Hi Sir, Hope you're satisfied with my work. Are you willing to have FAQ translated in FR? Thank you Sounds like a good idea! Do I need to fill any form (with ETH address) for my bounty? You can, but translations are checked on the manual basis. |
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You are right, the idea was in the air and the crypto world is waiting for STeX |
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