The project is ambitious and solves a problem in the industry. Also a plus in having a regulated licence in place. Though it is yet another exchange platform I like the way that they combine the fiat currency with crypto.
Having license is very important these days. This way users can be completely sure that the exchange won't have any problems with regulators and their money won't get frozen one day. |
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I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
Especially in current market conditions, especially considering they already moved ahead with the platform development. Btw, when does ternion sale end? |
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You have a live counter of raised funds or this counter updating time to time? You raised just 1.7 mln right now?
1,7m is a lot of money for a start-up. Non-blockchain start-ups would kill for that amount of money.  The only question is if this is enough to develop the exchange to a working state. I think their soft cap is around 5 million so they are still far from getting the neccesary amount to launch the project. I see. this is less than half the money they need at least. On the other hand they have already said the project will continue even if they don't reach the SC. They also said the development is almost done, so I don't really know why they need $5 mil in softcap if the development is close to being completed. |
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I think 100 ETH is little too much for minimum investment in this bearish trend. Its hard to get investments at this moment, especially for ICOs, this is certainly a bad time. Hopefully, the team understands this and lowers the minimum investment so that even smaller investors can get a piece of Dusk.
Well, if they want a little piece of Dusk they will buy it afterwards on exchanges, since we're in a bear market (don't know if true anymore, it's not either bear or bull right now, it's quite stagnant) maybe they will buy for a price less then ICO price, who knows? Exactly, in summary, I can say that I almost always bought better on the exchange as while the ICO. Majority of projects will have dumps after tokens are listed on exchanges, but Dusk seems to have everything under control in this regard. If everything goes according to plan, I doubt we'll be able to bey tokens cheaper than they're selling now. |
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I'm wondering if they collected some more money. Last time their community manager said that they gathered $1,2 mil. Anyway, what are they working on right now? Do they have any events to attend or maybe they are concentrated on getting more funds?
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Maybe someone from the team could verify authenticity of this airdrop activity, if indeed its verified, then maybe they should also come up with a mechanism to prevent it from being overtaken by newbie bots, rendering it useless. Imho.
That's a really unfortunate situation, I think they should've thought this through better. Basically they're just throwing money away. |
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In this market may be Ternion team should look for private investors to reach Soft cap. Project is really nice but bear market is making very tough to raise fund for any one right now.
I think most of projects that have sales right now target mostly private and institutional investors. Btw, what's ternion minimum investment? |
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It seems the demo version is quite sophisticated and its interface is somewhat user-friendly and intuitive. I am really excited to experience the final product soon.
Yeah, the demo version seems very advance for a demo. Even some running exchanges are not good like this. Those are good news because means platform development is going as expected. I think they said that the development of the platform is almost ready, so I hope very soon we can see the final product. |
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Wherever there is a human factor, there is always a possibility of some errors or mistakes, but the more automated the whole process is less mistakes can happen and that's a good thing.
Humans are the ones doing the coding too, and there could always be some bugs to exploit, so i don't think that automation will solve ALL the issues. It will make some things cheaper though. That's right though, but coding and similar stuff are usually taken more seriously and double or even triple checked by independent sources. |
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I agree. The whitepaper is too technical and is a bit difficult to comprehend for the less tech savvy people including me. If only they could produce a less technical whitepaper for everybody then it could be great.
Well, you can always read about the concept from their blog and watch their videos, they have been useful to me as i am not fluent with maths and coding. I don't think they are plannig to update the whitepaper as they think that the technical part should give an extensive idea about the project. |
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By the way, what is the current stage of the token sale right now? And what is the current bonus and its token price?
That's a good question. According to the website, it's still the second stage of pre-ICO, but as far as I understand it was last updated in September. |
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I will look differently for sure, right now I see everyday one operator who load the delivery note manullay into the ERP, that's unecceptable in 2018 lol
I also think so, this process needs improvement and automation, moreover, when delivery depends on human attention, there is always the possibility of errors in work. Wherever there is a human factor, there is always a possibility of some errors or mistakes, but the more automated the whole process is less mistakes can happen and that's a good thing. |
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Doing 2 projects at the same seems weird to me if not a red flag and cannabis and GPS tracking don't have anything in common so I really don't understand it.
Have you read the white paper and the technical white paper? It's all been explained there, and in the patent... I mean the whole gps tracking and budbo. Well, I bet the patent doesn't include the whole cannabis thing. I have't read it in whole, but from what I understood the patent is about the method that with the use of a certain technology would optimize transportation chain. I don't really like the cannabis connection, even if it's legal You don't come with an immediate logical connection when you have transportation blockchain project and cannabis, so maybe it would help if the team elaborated a bit about it, maybe some short article or a video. Because most of us are very much confused about it. |
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There is one thing i didn't get yet about this project and i would like to get an answer on. How is the patent on a non cripto platform going to help the development of this project? Seriously i cannot wrap my head around it  They patented the whole project basically even if you can't find the word "blockchain" or "crypto" in the patent. Means that no one can patent a similar platform But what can happen if similar project will appears, with the same idea, but will have some differences, is it will be considered as plagiarism? I think having a patent means that you own exclusive rights to some particular product or technology and if someone wants to use even some parts of your technology they have to ask your permission, otherwise it's illegal. |
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If you put a softcap means that that's the minimum amount needed to follow the roadmap, I'm expecting anything less, Hard cap is just a plus, I expect any projects which reach the hardcap to actually speed up the development
extra cash can be use to many thinghs like better marketing campaign, hiring better professionals, adding more features to the project...But to develop the main project with soft cap is enough. They have softcap: 5 million $? I think this is realistic figure, especially if there are large investors - but one cannot ignore - current state of the market. Yes, the softcap is $5 mil, they already collected around $1,7 mil. Btw, I wonder how often do they update the counter? Because it doesn't seem to be moving for some time now. |
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Its great that you actually have already a patent to show on your website and not just a statement that you have patent pending. How long is a patent valid in US?
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how long ICO going to be? plan for extending for some months in this bear market. Ternion is good project and hope that project will gain more well deserve attention.
Hi, our Token Sale will run till the end of December. They already raised 1,7 mil $ and have soft cap at 5 mil $ which i think they can reach till the end of December for sure so i really hope they wont need to extend their ICO. |
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What is Soft cap and Hard cap of the project?
Well, soft cap is 2m euro which is already achieved and the hard cap is 30m$ Are there any ICOs lately that achieved their hard cap? Seems like there has been a while since any ICO was sold out. There was too much hype last year and those numbers are still too high. I believe 2 million is enough to get a project started. |
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Yes the ico market was totaly crazy past year, so much projects raised money with nothing behind. Now it’s really hard to raise money for an ico. I think laneaxis has some chance to at least reach the soft cap, there is some people interested in the project.
This makes sense since hype was high last year and no one wanted to miss on a huge opportunity but now so many people started to take advantage of that and people are not trusting ICOs anymore. We need to form a strong crypto community to separate scams from real deals. |
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As long as the project is successful I don't mind waiting their long roadmap. I got me some tokens , just need the project to go to the moon
Me too, for me crypto is like agriculture, we planted some herbs and waiting for the harvest time.. There are a lot of projects which try to make their roadmap as shot as possible and then they cant produce on time which leads to a project collapse. I believe eHealth made a good decision not to rush things with setting realistic goals in their roadmap. |
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