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201  Alternate cryptocurrencies / Announcements (Altcoins) / ✅[PRE-ANN][AIRDROP] - Open Collectors Network 🌐 on: February 03, 2018, 11:52:31 PM
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Open Collectors Network©

The first one-of-a-kind token



What is Open Collectors Network ?

Open Collectors Network is the first decentralized platform for one-of-a-kind tokens, where everyone can seamlessly own, create, customize, interact with and trade individual tokens, on an open market, based on existing standard specifications.




Do you have an airdrop ?

Yes, we’re giving 200 ECTOs to first 2000 users that join our telegram group and register for token sale. ECTOs will be distributed 2 months after ICO







This is a Pre-Ann thread. Announcement thread is HERE






Join us on

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202  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Curated list of the Airdrop Alerts(Coins or Tokens) on: February 03, 2018, 11:40:49 PM
Hi,

I've sent you a message on twitter.

I'm co-founder of Open Collectors Network ICO and we're giving 200 ECTOs to first 2000 users that join our telegram channel and register on our website.

Can you list us ? Thanks
203  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][FOMO] Fear of Missing Out Coin - FOMOCoin - Hard fork of DOGE on: January 06, 2018, 11:35:47 AM
Hey! I want to help you. I'm a web developer ( .net & frontend technologies ) and I also have some experience in blockchain dev, but for ETH.
Let me know how can I help creating this coin.
204  Alternate cryptocurrencies / Altcoin Discussion / ICO advices & launch on: December 21, 2017, 11:10:11 PM
Hello all,

Minor disclaimer: I'm not a native english speaking guy, so please excuse me for any grammar or lexical mistake I'll do Smiley

Next year ( Q1 ) I'm planning to launch an ICO for an idea that doesn't exist on the market right now. It might be huge because there is no direct competitor for us and it will be available for everyone.  I'm not working at it alone, but with a friend of mine; we are both developers, so we lack marketing, legal and sale skills. At the moment we are working on it after our daily jobs and in weekends - we're building up the prototype, landing website and papers ( white papers, terms & conditions and so on ). If sale goes well we're going to quit our jobs and work full time on this.

However, I have some questions regarding an ICO process.

1. I saw that most of ICOs have a KYC process that you must pass before investing anything during public sale. Why is that? Is this necessary ? Personally I don't like this, because I'm not feeling good giving my personal info to a website I don't know
2. Why some regions can't participate in ICOs ? Most of ICOs have a statement saying that people from USA, Canada and China can't participate. Theoretically you send ETH to a contract and receive an ERC20 token in exchange. It's like a 'donation' if we can call it like this ( at that moment, before that token being listed on exchange; ).
3. Where can we find advisors or people who can help grow our token metrics ? As I said above, we are  2 developers, with good experience, but we're not publicly known, so the team is weak right now. We need guys whose name is publicly known
4. I saw that most ICO are backed by a legal company behind them. Theoretically this doesn't assure anyone that the guys won't run with all the ETH received. Why do you need a legal company ? ( We already have one, but I was wondering if we really need it  )


Thanks !
205  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world on: December 12, 2017, 11:36:01 AM
Thanks for clarifying this. I think you need to create an article about this, especially about 'new distribution' processes. That will help
206  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [Ann] [OTN] Open Trading Network | OTN Token | Uniting the crypto world on: December 12, 2017, 08:55:15 AM
Now some facts guys about this token read carefully.. Have u ever wonder how will they distribute 21 millions of tokens in 2 years? With the amount of 25000 tokens per week, it's over 760 weeks!!! C'mon it's over 14 years. So I started to wonder whats going on? There must be an explanation. I did some research I'm fluent in coding so I went to GitHub and started to look for anything suspicious. First I went to was folder 'test' and in a file named 'MintableToken.js' , I found some interesting stuff. First, we see here is the initialization of variables in the filed contract. That's line 6. Let's analyze what we have here:
    let initialSupply = 79000000;
    let firstIterationMaxSupply = 350000;
    let totalSupplyLimit = 100000000;
    let token;
OK, what we have here. The most interesting thing is variable called: firstIterationMaxSupply . It equals the first amount of tokens given away to traders of IQ Option platform. That's legit, let's move forward to line 74-94 in the same file. Procedures declared here are determining supply for each week, 106 times. So 106 weeks are about 2 years (actually 2 weeks more then told).
So I translated this procedure to C++ to check weekly distribution to giveaway this 21m of tokens. It's below everyone interested can rewrite code and just check it.


Here u can find a link to their GitHub:
https://github.com/OpenTradingNetworkFoundation/otn-token/blob/master/test/MintableToken.js .

K lets now move to the real shocking news.
OTN TOKEN DISTRIBUTION ADDRESS TO TRADERS:
 https://etherscan.io/token/0x881ef48211982d01e2cb7092c915e647cd40d85c?a=0x1d907757ab41c19895bcdce9dfacd6bfd5f26ae2

The address below is used as distribution in eth network and its sending to address above a predetermined amount of tokens. Each week it gets the number of tokens you can calculate from my small program. They are blocking tokens to pump price or I would call it hold it at some level to slowly sell them, not much just stable amounts to not dump price too fast. CHECK IT THERE:
https://etherscan.io/token/0x881ef48211982d01e2cb7092c915e647cd40d85c?a=0x0000000000000000000000000000000000000000

To prove that it's true I have a screenshot of OTN response on facebook.

As they say, they will release tokens when to launch their platform. You know what it means? Millions of tokens will be instantly available and the price will be dumped again.

Next curious thing is fact that we know absolutely nothing about their team. Really 550 pros and devs? More than in many games of AAA size? Let us be honest they cant afford so many developers and in case of the program fails only Cpt.Dimitri will get burned and stay on a board till his ship will sink.

I'm sorry if any pieces of information are not clear. English is not my native language and I tried my best.

I would like to point, It's not posted to hate OTN and their project. It's posted to save people money before it's too late. Thanks for lecture and save your money before it's too late! GL





@OpenTN
OTN, what do you have to say about this ? From ~318 000 token to 25 000 it's a HUGE difference.

PS: Another problem is people pay commission using tokens, so more tokens will return to you....
207  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] SIMPLE TOKEN -- Cryptocurrencies for Digital Communities -- [ICO] on: November 23, 2017, 09:17:24 AM
It looks good. I'll invest, but I have few questions:

I see a 15% bonus is awarded because of ETH increase. ETH increased more than 15%.

1.This bonus will be adjusted?


Some math:

For $299.85 freezed ETH price  you get 3598.214 ST  + 15% bonus, that's 4137.9461 ST
For $399 ( current ETH price ) you get 4788.01862931 ST


2. By the way, how is the bonus from sale calculated, 3598.214 ST  + 35% or 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST

 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST  sounds the right way, because 3598.214 ST +15%  is the token amount you could have bought with ETH and then you receive sale bonus of 20-25% or whatever that will be


Thanks !
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