@ Flomess - Thanks for answer. I was thinking about that by myself and I deffinitely agree with these 2 points:
- it's understandable they didn't want/need to develop a token
- it's understandable they needed someone to take care of the ICO itself, so they can focus on the construction/hardware part.
but what's not understandable and it's pretty much the most important thing:
- why does cryptonomo have to keep the money IN THESE CIRCUMSTANCES, when cryptonomo is a way less known entity than Giga Watt. Why exactly would you trust them with, literarly, MILLIONS of $$$, based on the tokens sold so far ( IF THE NUMBERS ARE REAL ) ? Once again, I'm not asking why a company/individual have to use an escrow. I'm asking why a well known company would ever use an entity that's LESS KNOWN, relatively newly created and pretty much nobody ever heard of it and also let them handle an escrow worth of millions $$$
Both on the website and in their White Paper PDF it says "The funds will be released from escrow in step with the completion of facilities". Considering cryptonomo have around $7mil in escrow and Giga Watt haven't really build any new Giga Pods ( on July 15th should be the 1st one completed), what exactly stops cryptonomo keep all these millions without releasing any escrow, EVER ?
Remember, the first building is supposed to be ready on 15th july, so in more than 1 month, which means cryptonomo will be holding 7mil+ (what they got so far) + all the money people will send till 15th July and ONLY THEN they SHOULD release the first batch from escrow, once the Giga Pod from 15th July is finished.
They could have just hired these guys to take care of the ICO, to manage their website and so on just WITHOUT the escrow part. Waiting an answer from cryptonomo aswell, if possible.
The escrow is provided by Perkins Coie, a reputable international law firm. Giga Watt will get the funds released from escrow only upon the completion of the facilities and issuance of the respective number of tokens. |
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I'd have a question: Why would Giga-watt, which is an older, bigger an more trustable entity, put the money into a smaller and almost unknown entiti's escrow, like cryptonomo ?
In normal situations, the most trusted and older entity/user keeps and secures the money, as it's less likely to run away with the money.
I mean, in this case, Giga-watt built something, have few years history etc, but if the money are kept by cryptonomo, which is basically a way lesser entity with pretty much 0 history, then the escrow ain't safe at all, is it ? Or, in any case, less safe compared to the situation when Giga-watt took the money direcrtly and kept them by themselves.
The escrow for this Token Launch is actually Perkins Coie - welll-known company with strong reputation. |
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Is it worthwhile to buy miners already before we get access to our token?
The sooner you order them, the less time you will spend it queue for miners. The demand is overflowing. |
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waiting for a refund for 7 days already.
Be aware of this site. They're going to steal your money
We already sent you multiple PM's and answered you here a few times. Please send your bitcoin wallet where we can withdraw your funds here: support@cryptonomos.comThere are no PM's and no e-mails i've got from you, what are you talking about? I've sent you 4 letters at support@cryptonomos.com. Just refund my balance to the address i've used for deposit Yesterday i got an e-mail from cryptonomos saying to send tx id, amount and address to fin@cryptonomos.com. Another try to make me wait for a refund one week more  (( Poor support. That is correct, we've asked you to do so. We need to verify your account, and make sure the funds will be going to the right place. |
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10 days waiting for withdrawal from cryptonomos.
SCAM
Hello, We have PM'd you. Let's try to resolve your situation ASAP as this is unacceptable from our side. We really apologize for such delay and awaiting your email to help you out. |
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I guess you're asking what kind of business entity and ownership structure it is. I'll try to find that information.
Yes. That would be interesting to know! They're listed as a Incorporated company and they are public. Giga Watt, Inc.If it's a public stock company, that's great, where can I buy the stock? Haven't found it on any stock market. There are no stocks on stock market. However you can purchase WTT tokens through cryptonomos.com/wtt  |
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Hmmm... Ill read the whitepaper carefully. I have a feeling of ''Déjà vu" that turned out as a disguised ponzi scam. ( GAWMiners )
There is only a 3d photoshop of the actual ''mining center''. They could simply keep the fund and invent mining rigs, but making payouts at a blockchain rates, to give a big boost into value for the two first months after ico, and then going to crash.
Or,
They could actually implent a mining company.
But seriously, 50 years contract ? Lol, nah.
You think so? Here are pictures/videos: https://www.instagram.com/gigawatt_mining/Also, you are welcome to sign up for Open House tour and see the facilties for yourself! giga-watt.com/promo/openhouse |
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waiting for a refund for 7 days already.
Be aware of this site. They're going to steal your money
We already sent you multiple PM's and answered you here a few times. Please send your bitcoin wallet where we can withdraw your funds here: support@cryptonomos.com |
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I have just registered on this site but it seems I can not see the confirmation from the site in my email.
How can I join this project ? Can I buy some tokens without buying miners for mining?
Of course you can!Tokens can be used in two ways: to host your own equipment and to rent out to Giga Watt's customers. If we just rent your tokens are, your income will depend on the rental fee you set (4.2-6.45 ¢/kW/h). Average annual rental income will be 37-57% of the token's initial value (if bought within the first two weeks of sales). If the tokens are used to host your own equipment, you will be able to save 56-66% of mining expenses, thereby increasing your mining income by 36-69% (depending on mining volume). For more detailed estimate please use our calculator at https://cryptonomos.com/wtt/#/calculatorTo buy tokens please sign up here:https://cryptonomos.com/wtt |
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Is there a minimum target for ICO? below which the ICO considered fail and you reimburse buyers? Or you just take whatever you get? In this case what happened to unsold coins?
There is no minimum amount: the first facilities have already been completed and the new units are currently being built with Giga Watt's own funds. This is why we can issue tokens for as low capacity as we need. So what do you do with the WTT not sold? or you just issue the amount of coins that sold? There will not be any unsold tokens. We will issue as many as it was raised +15% on top. |
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egetrorx, thank you very much for the translation! Giga Watt (WTT) Plasiranje tokenaNajbolji dom za vase rudarstvo.
Prvi svijetski pruzatelj usluga za rudarska rjesenja s kompletnim uslugama.
Pregledni clanakWeb stranica • Telegram • Twitter • Facebook • Instagram • FAQ POCETAK lipanj 2, 2017 U 12:00
KRAJ srpanj 31, 2017 12:00
Ponuda ce biti otvorena za javnost sirom svijeta.Giga Watt WTT Token Referral ProgramGiga Watt Nagradni Program- Ogranicenje tokena: 30m WTT tokena
- Cijena tokena u izdanju: jednaka USD $1-$1.2, ovisno o datumu kupnje
- Distribucija tokena: Za svakih 100 prodanih tokena bit ce plasinarno 15 dodatnih koji ce se raspodjeliti izmedu clanova tima,partnera i savjetnika
- Web stranica: https://cryptonomos.com/wtt/
- Opcije placanja: Bitcoin (“BTC”), Ether (“ETH”), wire prijenos
- Datum plasiranja tokena: June 2, 2017, 12:00 PM PDT
- Kraj plasiranja tokena: July 31, 2017, 12:00 PM PDT
- Datum izdavanja pocetnog toka: August 7, 2017, 12:00PM PDT
   Zasto bi trebao kupiti WTT tokene?Mozete zapoceti svoj posao na rudarstvu. Mozete iznajmiti svoje tokene i dobivati prihode od najma. Evo samo nekoliko prednosti WTT tokena: - Prvi tokeni potpomognuti hardverskom infrastrukturom
- Podupire ih jedan od najvecih pruzatelja rudarstva u SAD-
- WTT tokeni mogu biti u upotrebi vec od prvog izdanja
- Postrojenje ima 50-godisnji zivotni vijek (u usporedbi sa 2,5 godine za rudara, zbog konstantnog jacanja tezine rudarenja)
- Mogucnost dobivanja prihoda od iznajmljivanja tokena drugim korisnicima
Kalkulator Izracunajte koliko mozete ustedjeti koristenjem tokena za domacenje rudnika ili koliko mozete zaraditi tako da ih iznajmljujete prema odabranoj tarifi Izracunaj KapacitetWTT se moze koristiti od prvog datuma izdavanja. Posebna infrastruktura Giga Watt objekta sastoji se od brojnih samostalnih rudnih jedinica. Ovaj jedinstveni dizajn omogucava rekordno brze ekspanzije, a prve jedinice mogu se upotrebljavati dok se nove jos uvijek grade. Vise o GigaWatt dizajnu U ovom trenutku vec postoje tri jedinice, a mi nastavljamo graditi nove jedinice s vlastitim resursima. Kapaciteti se dodjeljuju nositeljima tokena po principu-tko prvi dode,prvi ce biti usluzen Status izgradnje i iznajmljivanja kapaciteta
Giga Watt projekt Zasto bi kao rudar trebao uzeti u obzir GigaWatt?Imate priliku izgraditi svoj osobni posao na rudarstvu. Dobivate pristup profesionalnom rudarstvu - s izuzetno niskim ulaznim pragom. Ovo su samo neke pogodnosti GigaWatt Giga Watt rudara: Platforma za plasiranje tokenaPlasiranje tokena provodi se kroz revolucionarni Cryptonomos platform. Sve isplate za WTT tokene prikupit ce Cryptonomos. Po zavrsetku plasiranja tokena, 7. kolovoza 2017., Cryptonomos ce izdati i distribuirati svoju pocetnu seriju WTT tokena, s kasnijim serijskim izdanjima koja ce se pratiti po dovrsetku izgradnje novih kapaciteta. Tim Galerija  Vise slika na Giga Watt’s instagram.Sluzbeni LinkoviZa kupce tokena:For Giga Watt’s kljenti:Spominjanje u medijimaGiga Watt:MegaBigPowerDISCLAMER Ovaj dokument je prijevod Giga Watt-ovog originalnog preglednog clanka/Blogpost/FAQ (link izvornog dokumenta se nalazi na internet stranici www.cryptonomos.com), koji predstavlja sluzbeni izvor informacija o plasiranju WTT tokena. Tijekom prevodenja neke informacije koje sadrzi izvorni dokument mogu biti izgubljene, ostecene ili krivo protumacene. Ne moze se garantirati preciznost prijevoda. Ukoliko dode do bilo kakvih sukoba ili proturjecnosti izmedu ovog prijevoda i sluzbenog preglednog clanka/Blogpost/FAQ, napisanog na engleskom jeziku, prevladat ce odredbe izvornog dokumenta napisanog na engleskom jeziku.
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Could you please answer my questions?
Does giga-watt.com publish any financial annual reports?
What kind of legal structure does the company have?
Is it also possible to buy shares of the company?
That would be a question to our lawyer, we will pass it on. Hey! Looks very interesting!!! Any Bonty campaign???
Yes! Join here: https://medium.com/cryptonomos/giga-watt-bounty-program-fe0f0bd498a6 |
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After the WTT tokens are taken, is the actual equipment ours?
This is pretty important, I'm fine with Giga-Watt having the equipment for 1+ years under contract, but if they don't ship it to me...
Here's the better question... can we buy directly with WTT tokens?
Can I spend X tokens to get a Panda Miner b3+ rig for the 'much lower cost'
I'm trying to decide whats the better route here.
Do you mean after 50 years? Because miners only last 2-2.5 years You can't buy miner directly with WTT tokens, you can only use those tokens to get rental income or discounted fees for your own miner. Hi,
where can we see our purchased miners?
Will they show up in the Cryptonomos dashboard? Or will we get an access to the giga-watt site and only the tokens are administrated by Cryptonomos? Must we register with ID or some kind of proof of residence somewhere?
Any comments appreciated.
Thanks
You will see your purchased miners in Giga Watt dashboard when you will create an account there in the future. Can you answer questions about the fees? It looks like there's a set fee % of 20% of all your mining power that you ship or buy. Why is it this high? Why isnt it a set fee for the power/maintenance that you're using? When I first saw the site, it read that the view was fixed (around $60-90USD?) but now its saying if I have 10 miners... its much much higher. Would love some light shed on this. The prices for hardware on our website are higher because it includes taxes, customs and delivery fees. To eliminate rental fees that are deducted from your mining income, you would need to purchase WTT tokens. That saves you 60% of the total costs for mining. |
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Do we need to have a mining equipment (hardware let's say) already or you arrange customers equipment too? Really wondered.
If you would like to mine at Giga Watt, you would need mining equipment, correct. You can buy it, or send in your own. Waiting to see the bounty program on social media
Right we are not planning bounty for social media. Just the 5% referral: https://bitcointalk.org/index.php?topic=1914900.msg19103130#msg19103130 |
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Is there a minimum target for ICO? below which the ICO considered fail and you reimburse buyers? Or you just take whatever you get? In this case what happened to unsold coins?
There is no minimum amount: the first facilities have already been completed and the new units are currently being built with Giga Watt's own funds. This is why we can issue tokens for as low capacity as we need. |
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After the WTT tokens are taken, is the actual equipment ours?
This is pretty important, I'm fine with Giga-Watt having the equipment for 1+ years under contract, but if they don't ship it to me...
Here's the better question... can we buy directly with WTT tokens?
Can I spend X tokens to get a Panda Miner b3+ rig for the 'much lower cost'
I'm trying to decide whats the better route here.
Do you mean after 50 years? Because miners only last 2-2.5 years You can't buy miner directly with WTT tokens, you can only use those tokens to get rental income or discounted fees for your own miner. Hi,
where can we see our purchased miners?
Will they show up in the Cryptonomos dashboard? Or will we get an access to the giga-watt site and only the tokens are administrated by Cryptonomos? Must we register with ID or some kind of proof of residence somewhere?
Any comments appreciated.
Thanks
You will see your purchased miners in Giga Watt dashboard when you will create account there in the future. |
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This was a regrettable combination of simple misunderstanding, bad timing and unfortunate circumstances. You've just wanted to get more users by using their name on site. Didn't work. But you are ok, already cheated $6.5m. I've asked for a refund 4 days ago, and had no reply, no refund. Can't believe you are so busy at this stage. You just getting money doing nothing right now. What will you do when you operate 30MW mining center? Dave Carlson explained here: http://www.nasdaq.com/article/giga-watt-ceo-we-desperately-need-balance-of-power-in-the-mining-space-cm764842Please be patient with your requests, we just started doing refunds this Monday. Our apologies for delay! |
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This was a regrettable combination of simple misunderstanding, bad timing and unfortunate circumstances. |
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