SOMA token sales ends in 5 days, I wonder what they will do if the sales will not increase. Another extension of the ICO ?
If renew the ICO again, it will be suspicious. They already have enough money to start the network in one locality or even several. Yes, I also think they've already collected a decent amount to start. Besides, the current extension hasn't brought the expected results, a further extension probably wouldn't change anything. I hope I remember correctly but I think they said they will not again extend the ICO. So no worries about that. I heard in telegram also @fiex wrote in here some pages before. One extension is enough i think also.
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You might be wondering how developers’ databases and the decentralized blockchain fit together using the OPEN Platform? Well, the current payment structure for in-app purchases relies on accepting payment through various centralized systems that finally result in the application’s protected database being updated. What if there was a way to bypass all of those centralized entities, immediately accept and process payment in a multitude of currencies including crypto, and update the application database accordingly? This is what OPEN Platform accomplishes by bringing a decentralized solution to the developer. By connecting the developer’s centralized database to the blockchain, they can avoid the centralized payment structure that causes delay and fees, but also without completely altering their existing backend. OPEN’s solution is easily implemented and modular, taking the best parts of a decentralized approach and leaving the strength of existing centralized databases for developers. This is accomplished by the OPEN platform stacked solution: API, Scaffolds, OPENWallet and more. Read about it in our whitepaper! http://go.openmoney.digital/obmtwpWow that's great. I believe after it goes online other blockchain products will try to purchase your payment method. Innovative, easy and useful. Every time i open this thread, the project is fascinating me with another function.
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Why is there a figure of 500 million on the meter? The tokens for the UTRUST team and the bounty tokens are also on sale?
If they will release 500 million tokens than they are probably adding it to sold part.
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They have 5 payment options, not only eth. But i also want to know the amount that has been raised on the other options. I want to see the proof of this total raised amount Could you provide the address? Would you be wiling to share your BTC address so we can monitor the progress?
I started to wonder why they have never answered questions like this Only ETH is displayed on etherscan. The amount collected in other cryptocurrencies is displayed exclusively inside the site and is found in private. Why is that?
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why ICO going to run till JAN 4th? isn't it is long time. is there any hard max cap?
Their hard cap is between 40k - 100k ETH. Its better to be prepared to get a maximum result. Its also quite a lot of of ETH, but i think the soft cap will be reached for sure. easy, i belive the softcap will be reached soon, before Christmas the softcap will be reached easily, as far as i know, wasnt the softcap somewhere around 10k eth? right now i am to busy to look for the details in the previous pages ><" Nope, it is 25000 eth and I think it is a very high number. But they had a great marketing period, lots of conferences and publications so I believe they will reach it.
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What is the current status of funding?
There is no info on the website about the raised amount. So can you inform us, please?
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Reducing number of coins makes this project even more interesting.
Yes, when I invested I was ok with 1 billion coins now it is half so automatically my investment made a double
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Only one week left until the end of ICO. So look at the final result on fees. I hope that will no longer extend the ICO period. They said that they won't extend the ico period so one week left is final.
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Good point... I also don't understand what's with all the drama. It's not the first time an ICO got extended.
I understand that extending will affect mostly to bounty hunters feelings, and you shouldn't irritate people who got lots of free time and are getting paid to write in bitcointalk. But then again, this is not the first time they have to deal with extented icos.
I am agreeing with you, all the fuss about it is getting extended is nonsense. It is not the first nor the last one. Besides one week ico was too short for ico process.
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After fork cancellation or suspension we can see some improvements in the funding process. There is still one week to go, lets hope for the best.
This is very exciting because a lot of people seem not to know what to do next? Invest in BTC or altcoins or ICOs. Good thing that SOMA has still 1 more week Yes, and they are actually lucky it gets canceled. Because their ico was finishing before hard fork so they will miss the opportunity but now they have one more week for it.
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After fork cancellation or suspension we can see some improvements in the funding process. There is still one week to go, lets hope for the best.
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Best Time for NaPoleonX. Cant wait to see the presale go Presale will start in 3 days 18 hours, this will be interesting I don't know how much time i was waiting for it. Finally, it is coming. After the cancellation of the fork, i am expecting a good turnover.
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ICO extended till 20-Nov
Dear Community,
Let us begin by saying that we truly appreciate our Member’s and Investor’s loyalty, support and engagement – without you, none of this would be possible. Thank you for being awesome! 🙏
When we first idealised UTRUST, our vision was to create a borderless payment platform that would allow people from all over the World to perform day-to-day crypto-transactions in a simple and effortless manner.
Today, we are proud to announce that we have taken several important steps that will ensure the UTRUST vision does indeed become a reality for all of us. After analyzing our ICO, it is quite clear that our timing has not been ideal, particularly given the current market conditions.
That being said, we have gone back to the drawing board, sat down with our Team and Advisors and decided to implement some major improvements.
So, without further ado...
Team Tokens — REDUCED ✅ We are changing the amount of tokens that UTRUST will hold from 100 million to only 50 million. The newly released tokens will be added back into the total supply for everybody to purchase during our ICO.
Smart Contract — AUDITED ✅ Today we are releasing an independent review of our smart contract by Positive.com. We are proud to say that they gave it their approval and that it will be deployed shortly. You will be able to use the contract shortly after the ICO ends and when your KYC is complete.
Private Investors — VESTED ✅ We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year.
500 Million Tokens — BURNED ✅ We made the decision to burn 50% of all tokens today, prior to the end of our ICO, permanently reducing the total maximum supply by half. We now have a very limited number of tokens available for sale.
Public ICO — EXTENDED ✅ Since all these structural changes will result in an improved value proposition, we would like to give everyone a fair chance to participate in our ICO. As a result, we have extended our ICO to end on 20 November 2017 at 2 PM UTC.
This decision was not taken lightly and also reflects the feedback we have received from many of you advocating for more favourable market conditions in order to participate in our ICO. With the latest news regarding the cancellation of the SegWit2x fork, we believe this is a unique opportunity to be part of this online payments revolution — join the future with UTRUST!
All the best,
Your UTRUST Team
Well I guess it is not all bad news. They burned 50% of all tokens, so our tokens will probably be worth more, hopefully. Besides they will keep 50 million instead of 100 million which is better. Extension of the ico is also logical, i wrote this in here before. 1 week was too short for an ico also now fork get cancelled, it will reach their new hard cap easily.
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RAISED 234 426 USD What a start for just one day. You were very lucky by the way, fork cancelled the day you start your ico
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if they do fork a lot of ICO are going to lose money, the price of ETH would go under a lot.
It's not predictable i can say. We all say that ethereum chain will drop, this fork will reduce the value and it can go 2x in one day. But the thing about locked amounts is a big scandal and i believe it will hurt ethereum in long term. My only happiness about it Gatcoin didn't use their wallet.
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no it will not be an other fork eth to fix this bug,those who have funds frozen(ico included) let s say bad luck,luckily gatcoin seems will have no consequences from bug...
i hope so to, that gatcoin does not have any problems regarding the wallet. but on the other hand, 150million dollar locked up is not small money, i guess we will see a eth fork coming if they cannot unlock those wallets. Well I don't know.. Vitalik is actually not very pro-ico's and he stated on twitter that he's not responding to the wallet issue. (for now) Would there be any side-effects from a hypothetical Ethereum hard fork that could affect Gatcoin? I don't think so, if there will be a hard fork (which I doubt according to the tweets of Vitalik) it won't affect anything except the way smart contracts are coded. It's more about ethics, they claim To be immutable so they better don't fork or vitalik 's credibility is gone. And btw why not fork in july when $30 M got lost then? They lost 150 million dollars which is an amazing number and another fork possibility because of their incompetence. I'm not sure about the future of ethereum after this kind of problems.
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After fork cancellation, today i'm expecting a nice pump for funds
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Segwit2x officially postponed. We can see some action on Utrust's ico.
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