Check some of the previous vlogs made by Countinghouse Team In this third vlog, you will gain more insight into what a Direct Hedge Fund is. More detail on the token and what its equivalent is (fund units). And finally, what differentiates Countinghouse from other existing crypto and venture capital funds! Keep an eye out as the Countinghouse team has more VLogs coming your way! Check it out here 👉 👉 https://youtu.be/0GAIZ4rKFcc
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Strong team and interesting idea. Would like to see more work on github in terms of smart contracts. Stay tuned. XYO core developers are working hard. Here's the github page. Bookmark it, lol! https://github.com/XYOracleNetworkI like that the team puts the code in open access. This creates more trust in the team and the project. The team works well. Checked the history of commits on github, they are quite passive most of them haven't been updated since March. Hope team does some development in the background though. They are doing some development in the background. Q3-Q4 2018 they will launch XY Oracle Main Network Web Application (GAMMA). You can learn more about it from our youtube video here: https://youtu.be/fjM7Kh7JNBg?t=28m18sIt's pretty cool
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All unsold tokens burned after sale ends, so the distribution chart of the destination compared to the original will have a huge difference. Will the XYO token distribution rate change after the ICO ends?
all unsold and unallocated tokens will be burned after the end of the token sale. Distribution chart on the website is based on projected cap. It's not fixed percentage
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Can not wait until this project reaches a huge capitalization, otherwise you’ll be late, you’ve to invest now
This project have big potential. Bot audit and validation is a massive massive enterprise market
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Strong team and interesting idea. Would like to see more work on github in terms of smart contracts. Stay tuned. XYO core developers are working hard. Here's the github page. Bookmark it, lol! https://github.com/XYOracleNetwork
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Such projects should be developed, because gas, oil, coal and other sources of energy are renewed for centuries.
You are correct, Dimon8. We need to save the planet. People will eventually switch to zero carbon energy
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When does the token sale ends?
October 31 or until target of 40,000 ETH is reached
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Looks interesting at first, will this be similar to Steemit? Is there gonna be a bounty program?
Not quiet similar to Steemit, but we share their values of collaboration and creation/sharing value. And yes, there will be a bounty program, stay tuned, it's coming very soon. What would be the main difference that sets you apart from Steemit? FlipnPik is a platform focused on interacting with local business. Steemit is very different because they talk about all kinds of topics What type of local business are you going to support? local means which countries are you going to support because in online social media means many countries will start using your website, whether is there any country restrictions? focusing on local business doesn't mean there will be country restrictions. It means FNP will focus on interaction between users and local businesses in the area where the user is located. For example, let's say there are two coffeeshops. Starbucks and local coffeeshop near your area. FNP can help that local coffeeshops to become more visible
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How can you assure that those local businesses will come to know that your platform exists? The reason why most of them can't compete with big e-commerce shops is owed to the fact that they are still well behind with technology. So introducing blockchain to them is really tough. How can you guarantee that they will join your platform?
FlipnPik will provides incentives for local businesses. It's part of the marketing strategy. FlipNPik will motivate and compensate app users to partner with local businesses. On top of that, FnP will reward users for their contributions to their local businesses.
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Looks interesting at first, will this be similar to Steemit? Is there gonna be a bounty program?
Not quiet similar to Steemit, but we share their values of collaboration and creation/sharing value. And yes, there will be a bounty program, stay tuned, it's coming very soon. What would be the main difference that sets you apart from Steemit? FlipnPik is a platform focused on interacting with local business. Steemit is very different because they talk about all kinds of topics
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I just now thought about what is the role of tokens in the network XYO? Someone can explain me their appointment?
XYO Tokens are used for transacting with the XYO Network (such as to submit query which will then be processed by the four components in the network). The tokens are also used to maintain a healthy ecosystem that rewards providers of accurate location signals providers as well as those who transact using XYO Tokens. They work like ‘gas’ similar to how one pays for computation via Gas in the world of Ethereum. In the world of XYO, you pay gas to execute smart contracts that want to access the real world/location data.
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Countinghouse Fund released another vlog today. Countinghouse dives into alternative investments that support this emerging local industry in Australia. It's always good to give back to the community! Special interview with Ounce Gin! 😎😎😎 https://youtu.be/0bfkY81NUKM
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In my opinion one of the great parts about Botchain is the governance model. The initial Board will be composed of 9 members. They will meet quarterly to discuss BotChain, and on an emergency basis as needed if something bad happens. Decisions will get implemented based on majority vote. if you hold a lot of Botchain coins, you will be able to have a voice for forks and roll backs and upgrades . I'm talking about this article: https://medium.com/botchain/the-governance-model-for-botchain-and-botcoin-dc0d96e2f682
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On one news site, I saw that the XYO team has already raised $ 8 million. dollar. Is that true? Or less? I can't find the exact information. The public sale has sold 541,518,587.15 XYO tokens (until now). On pre-sale, XYO managed to sell 413,345,292 tokens. The XYO Token Sale's price structure has dynamic price increases built into the smart contract. The price of XYO increases after each transaction. Additionally, the XYO Token during the Public Sale is pegged to the value of ETH and not USD. We can't calculate the exact USD number because of these reasons. XY Team will let the community know the number in fiat once the figures are finalized later after the end of token sale
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It does not have a soft cap but if the project does not reach the minimum capital, any scenario can happen. Some projects ended after the ICO failed to reach its goal. Hopefully a lot of token will be sold in the coming days.
The team said that the project will develop regardless of the number of tokens sold. That is, 5000 Ethereum will be enough for the development of the project. It's too early, we still have a month to complete the ICO and as the market is getting better right now, I am pretty sure there will be big money coming in as long as the team will continue the marketing to attract potential investors, I am a believer. I hope the team is working hard to get more investors to make up before the end of the ICO date. Very few project who plans to work with such a low price to the ICO softcap enjoy the fulfilling of the roadmap except the value of the token contributed over a short time after the ICO. I dont want to be worried every time I checked the amount raised. The team is working round the clock to attract more investors. Nonetheless, you shouldn't be worried about a softcap as it does not exist in this project. Please remain calm, Everything is as it should be.. It's good. It seems the market has started to get up from its knees, and this is a good time for ICO. I think that XYO should hit the target. the bulls are back to crypto town. I think good and unique projects like XYO will be able to take full advantage of this
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Hello Dev,
what will happen if your project dont reached the softcap? and what will happen with unsold token? will you burn the unsold token?
There's no soft cap here. The project will keep going doesn't matter if the token sale hit projected cap or not. Unsold tokens will be burned
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