anyone wanting to invest better hurry or the bonus will continue to shrink.
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Just saw that you guys go on tokenmarket recently, there seems to be some good traction, and we're one month way from the ICO launch ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) One month and there is already a lot of talks about this project, we have to hand it to the devs for having a good advertisement campaign. Sometimes you just have to be more aggressive to beat the competition. You're right. Unofrtunately marketing is often overlooked in blockchain industry this is what I've been saying for a while now. you need good marketing. for instance i've invested in an ICO for Trackr, but it still hasn't picked up any traction 'cause they didn't do marketing properly. It's too bad , it is an interesting project. Hopefully paypie will not make the same mistake.
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@Relest ICO is almost here, have you provided soft/hard cap yet? And another question, those exchanges mentioned in the OP have already confirmed to list REST after token sale?
Hi! There is no hard cap. Soft cap is $ 1mln. Axechanges already confirmed to list REST. Don't you think it's dangerous not to have a hard cap in place? What you mean "no hard cap"? How much tokens in total and what price for token? No hard cap means they keep selling REST at a rate of 1 REST = 0,001 ETH and when the ico ends, they count all the incoming ETH, multiply it by 1000 and that amount will be 70% of the total REST supply. with no hard cap it seems that the more successful the project is, the less the tokens will be worth.
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One question that is at the back of my mind, since EventChain will develop a product using investor's funds. That product will then make lots of money for EventChain. But how will that benefit the investors? Tokens are not company shares and does not represent any assets that the company owns. How will EventChain share that profit it makes with token investors?
the tokens can be used on the platform, which increases their price in the long run, hence the profit motive.
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this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
I just scanned the website and whitepaper, but can't seem to find the function of the NPX token itself. Will check in more detail later. Anyone from the team that can elaborate? Hello PS92, The NPX token holders will have the possibility : • to access the updated audits of the several trading bots, • to regularly vote for the eligibility of the new trading bots, • to regularly vote for the creation of new DAFs, • to monitor the token events and performance of each DAF, • to have access to relevant documentation on trading bots, • and to access its own account and reporting on gas perceived. Besides the right to the gas generated by each DAF, the NPX token holders shall be granted a preference right on the subscription of every DAF’s ICO: • exclusive access to a pre-sale (white-listing) to secure a minimal amount equivalent to 15 000 ETH in total, • bonus of 15% on the pre-sale. Hope it is clearer? much better thank you. this project is certainly interesting and worth watching. Plus: "When DAF will earn performance from the trading bots they use, they will pay 25% of such performance as gas, that will be given to the NPX token holders for 85%" Really getting interested in this project. I like projects that share the wealth/pay dividends and not just increase in value if the coin demand increases. I wonder if they're affected by the SEC rulling, given that they pay dividends.
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I think I read about this in "Ready Player One" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Such an interesting forward-thinking concept with VR/AR. It is tough to implement so I am hopping on this a bit late, but here to follow along and learn about the project. With brick & mortar retail struggling, a VR-marketplace is something that would certainly be intriguing to retailers.... It's a steam like platform for VR. The shop itself shouldn't be too hard to create. It will be harder to get publishers on board.
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@Melissa can we expect a beta demonstration before ICO ends? Maybe you already planned it to boost token sale ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Would be nice, as the beta is announced for October 17. it shouldn't be too hard to show a short video about how the platform will work ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) When ICO will finished? Cant find this info. After October 17? So, we can see beta before ICO will be finished? As per their roadmap, the platform beta launch will be by October 2017 and will be officially launched by November 2017. I hope they will make the platform robust as possible with just a month away after the beta release. Yes, I seen their roadmap. And know about date of platform launch. But I asked another. When crowdsale will be finiched? Tokensale will end on September 30, 2017, approximately 16 days from now. You can check their countdown time at https://www.real.markets/. We're still a ways to go. Hopefully things will pick-up soon, but 10 Mil is not bad for now.
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What price on ICO for 1 token?
~$.33 usd each, iirc. How much tokens in total? And what hardcap and softcap? A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc. Afaik, they haven't announced yet any ICO details such as softcap/hardcap. Not a very big percentage of what you're talking about. Some projects leave 60% of the tokens for the team. This is a normal rate when you look at all the other projects. I think it's the average amount that ICO's usually reserve for the team. It's fair enough really and an incentive to do good work.
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How will be renting real estate out? If this auction, so people with only highest bid will have chance to rent?
yeah man, that's what auctions are all about.
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Japan’s largest independent electronic music e-ticketing service iFLYER ( https://iflyer.tv), is partnering with EventChain to be the first to bring the benefits of blockchain technology and Smart Tickets to event ticketing across Japan and Asia. So, they focus more on the Japanese market? From which country developers? It's a partnership, not an exclusive market ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But in the end Japan is really open minded regarding blockchain so no wonder one of the first partnerships is with a Japanese company. But still they will also focus on different markets in the end ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) In the end they need partner which want to sell on their platform ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Less then 1 hour and 30 minutes left until token sale! Everyone get your eth ready ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) awesome, the first day is a good gauge of the ICO's success. let's keep our fingers crossed.
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this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
I just scanned the website and whitepaper, but can't seem to find the function of the NPX token itself. Will check in more detail later. Anyone from the team that can elaborate? Hello PS92, The NPX token holders will have the possibility : • to access the updated audits of the several trading bots, • to regularly vote for the eligibility of the new trading bots, • to regularly vote for the creation of new DAFs, • to monitor the token events and performance of each DAF, • to have access to relevant documentation on trading bots, • and to access its own account and reporting on gas perceived. Besides the right to the gas generated by each DAF, the NPX token holders shall be granted a preference right on the subscription of every DAF’s ICO: • exclusive access to a pre-sale (white-listing) to secure a minimal amount equivalent to 15 000 ETH in total, • bonus of 15% on the pre-sale. Hope it is clearer? much better thank you. this project is certainly interesting and worth watching.
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Hi there dev, this looks very promising. Trading bot for cryptos. However, this kind of tech will surely rise some eyebrows especially to those people who are critical to trading bots.
Trading bots as far as I know, are also heavily used by trading companies and banks to trade for the money of investors in their institutions. And the results varied but it's around 8% to 25% win per day. Sometimes they are even better than real humans. Because humans are emotional people, they are easily affected by what's happening in his environment. While bots they are not affected by any outside noise. They only read the graph and the algorithm, and they get smarter and smarter.
I have some questions myself. Does this tech (trading bots) will run alongside with real people also trading in your system or will it only be all trading bots?
Will there be time that the bot will lost some trades? In the event that it will happen, what will happen to the money of investors? Is there a backup plan in such events?
Will regular users be able to use trading bots for profit?
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what this sony japan partnership mean to this project? is this one time event or long term relationship?
This means if you invest now. Then in coming months your tokens will be worth at least 5x This project keeps getting better and better. This is a huge marketing/signal boost.
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Boosting price is a useles way to get a better price. You will burst the balance value of the market and earn nothing cause no one wil rent at a to high price. With a good volume we will have an accurate market price, and we have a data analysis algorithm too for that. It will mechanically direct the price to a market balance. Auction is very good for landlord and renter, you can have a better price for both.
Im hoping for success of projects like these because rental price is ridiculous now young generation is being ripped off by today's prices and sadly im one of them :/ will try to save some fiat to support this idea Most importantly if your rent exceeds a certain amount then government put the tax on it. I mean wtf. I working my ass off to pay the rent and now everyone else wants a cut in it. That's why working on the blockchain excites me. We can cut the tax collectors out of the loop. not that i'm arguing for breaking the law here ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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This interview is great. It really does show that Nick knows his stuff. Accounting is a bit dry for me, but I'm glad there are people who are stepping up to make it easier for regular folks.
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what you think real estate how much can raise fund on ICO? i hope this good company raise maximum for big business.
in my calculation, they will reach minimum 50% - 60% of soft cap. but, looking back to the road map, they can reach soft cap before token sale end. I wouldn't be surprised to see that because they have a good vision and experienced team. The amount they're asking is pretty high. They're going to need some more marketing on this. It's not unreachable but only projects that manage to get the word out will be able to reach their targets.
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It would be cool to have a video to see what the actual technology can do if the previous one show what could be achieved 2 years ago ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Which hardware do you need to test the platform? Currently you can test the platform with oculus but they plan to expand to other hardwares Can't wait till they start offering VIBEhub to mobile phones. Than simple VR cardboard glasses will suffice, opening up their product to millions of users. I really hope they will do this. As phones become more and more powerful, the hardware should not be a problem. It's really needed for a good adoption rate Imo VR and mobile phones don't fit together. But when talking about AR that's a complete different story. Here I can see potential for VibeHub. You are exactly correct, the future for Mobile is using Augmented Reality technology ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Also 3 hours remain in the 5 percent bonus round ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Who knows in which direction everything will go sooner or later. Maybe at some point it will switch over to VR. But I agree, at the moment it is more like Augment Reality, maybe someday an hybrid of VR and AR? By the way, do you already announced the big news at slack or so? I don't think VR will ever be practical for mobile phones. I mean, you have to pay attention to your surroundings, you can't be in a virtual reality. And at home specialized VR hardware will have the edge over a phone. A few years ago even mobile phone was not practical and look where we are today. Everything is possible in tech world as long as you have vision and you are planning to invest your time and energy in it. Phones come with their own headset to mount it in.Also I don't think people will be walking on the street with the headset on. That would be suicide. Most likely the headset will be carried on long trips or on holidays.
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this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
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Will the announcement be posted here or which are the main channel for this kind of communication
I think all announcements are posted here as well. It would be foolish not to.
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Don't worry, if 100k ETH are not reached, Melissa said on telegram that they will adjust their budget and publish updated plan after token sale ends. The important news is that they will not gonna stop if 100k are not reached
I think what he/she means is that if you can work with less, ask less. That way there's a bigger growth potential for investors. While this might look like it's true, it might also work against investors. With a smaller operating budget, the chances of getting of the ground and making a profit might even be smaller, let alone a big profit! I think it also depends on what you invest in first. A high profit/high reward initial venture can go a long way to expand your operational budget. Still it's good that they can work with less, it just might take a longer time to get a large project going.
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