Will there be any other form of passive income that investors are going to get as a result of hodling the KWATT token?
I am certain as the company evolves through time, there will be new opportunities that will emerge that may enable diversification of avenues. However, at this time, i think electricity is the only form of income. You will also have the token the company has given they will trade-able and all; I understand that is usually not considered as a revenue stream perse but I think it can be considered to some extent. I think they can also lend their equipments to other users. |
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Good evening, 47 bank team and the community! The crypto world is establishing itself and developing so fast. And the importance of creating a financial institution to connect the world's of crypto and fiat is also very important! Do you share the opinion that fiat will get extinct in the near futire to givw full way to crypto?
I don't think Fiat is going to extinct in near future unless energy problem is solved. Both have it's plus and minus. Crypto coin can last for centuries once created, but it need lot of energy for mining. But once we create good. Amount of coins it might possible that people will stop using Fiat. No it doesn't energy is not a restriction on crypto, mining is not a "crypto" thing, its just one way of handling concensus, theirs a large number of ways to handle it that are much more power efficient and hell even for mining their are more energy efficient ways (see burstcoin). The fact is even ethereum is on its way to moving away from mining to proof of stake, which will mean all that power being used for ethereum will shift to another coin, but the fact is at that point ethereum will be no where near as electricity hungry as it currently is. Mining coins will remain but, the fact is mining won't be the reason fiat survives. Eventually their will be fiat replacements, thare basically Proof Of Stake or some other hybrid Proof of XXXXXX, and you'll be able to just run mobile wallets, perhaps even banks like 47bk will run masternodes for said currency as well as other banks to maintain consensus and everyone will instead of fiat just use a phone with NFC to pay their bills. You have to remember FIAT has had its days numbered in the physical form for a long time, its already rare in some areas to see it due to the large prevelence of Debit/Credit cards and payment apps. Crypto is just the next evolution of that removing the centralized banks/credit companies. Phantam just did the whole job here, this write up is very impactful and full of information which is the more reason I do advice holders of any kind of project not to sell all and to keep some portions of it for future sakes... There will be a total shift in time to come to cryptocurrency and those aware of this revolution are just too minimal compare to the vast majority not aware and which is why I applaud the initiative of 47BK which has come to become the bank to store this different project. Good job here Phantam There are many things to account for; fiat is not going extinct nor is crypto; Crypto would surely gain more popularity and more people would want to join in; as for now most crypto users want to make the profits; rarely do we find a project with a real purpose and real goal to make a viable business; token holders want quick gains and for that things are executed differently. It is just a matter of time when crypto would be just as valuable to as fiat. I doubt one would over-run the other. |
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i just have found their announcement telegram channel: https://t.me/PolySwarmAnnouncementsbut i don't get it, they announce a malware of the day. and you should send in your samples is it about fighting the malware and everyone who wants should submit his anti-malware suggestions? Yea sending your samples of malwares when you come in contact with any is part of the project scope, its what makes the PolySwarm project unique, it's about users and protection and having a means which is reachable is a good one for the project also showing how committed they are to the project vision Exactly, it is a great idea to run this project as this forms the bridge between the freelancer security experts and the companies who need a solution immediately, using the blockchain technology The idea that people who sample and discover issues could have a real proper way to get their discoveries not only noticed but rewarded is something I’m looking forward to seeing the lifecycle get started. As it is now the entire area is very disorganized I find and the incentive for freelance security experts to freelance is obscured. Perhaps we will see with projects like this more security experts freelancing full time which would really be a great job on my view The best part is the decentralization since many hackers hack to reflect that centralization system are not that great; now they are incentivized to actually find breaches. I am not saying that this means attackers and malicious software would stop; All am saying is that people would have an incentive to actually find malicious software. |
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Good afternoon, team and the community!! wow resale was sold out in 7 hours! that is a huge result!!! am i late for the public sale - would be happy to have a chance to participate in it and invest into your project!
Main sale is still open, there are 5 days left to invest! You are right the pre sale was very successful and they have nearly sold 4 billion SVD tokens in total! They were operational for sometime so it was easy to get the pre-sale; Now they have sold nearly 4 billion which is no easy thing they are doing really well; they are quite popular; if you plan to jump in you still got few days left. |
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Project already raised quite some money. As far as I know, they raised about 7 mil when the token price was 1 USD. I heard that they will update the total money raised every stage that is when they complete the 10 days each with USD 1.5 and then 1.75 and finally 2 USD. Like somebody mentioned in this thread, they have already hit the softcap also quite sometime ago.
In Telegram the Admin said that they already reached the softcap of $32.5m. Do you know if they raised this in a private sale round for private investors only or what was the token price for these early investors? That is what I am aware off; I know they hit the softcap; As far as I know from private investors. I am wondering if any KYC process would be in place for the public sale? |
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Guys come 9th of March and Savedroid token sales is over and unsold tokens are burnt (if any) what do you guys think the price will be once Savedroid get listed?
Really hard to guess as with billion coin markets it will be a really interesting to see how big the volume of the trading is. I mean if we immediately see a surge in trading and exchanges pick up the coin we could see a steady rise in pricing. Their was a small giveaway for customers but not too large so I don’t predict we will see a drop or dump as it isn’t a large amount vs the billion coin overall market I hope that there will be no big drop. Some guys will sell their Bonus or bounty SVD Token but most of the people will hold the coins. Their are still some countries who couldn' join the ICO and they will buy some Token on Exchanges. I hate it when billion coins project do big drops it kills the vibes and affect price in a long term except of course their are always project on ground or coming up from time to time... It's a different ball game with Savedroid project, they have manage to maintain their giveaways and were so creative in some lol  I give it to them... I like this project with the way they have come to manage a whole lot of things True when you have major drops but I think savedroid played it nicely it gave just enough tokens for referrals. Nothing to worry about; I am really into the burning part of whatever is not sold |
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I think this is very good news for investors
"4NEW will never authorize any additional coin issuance over the three hundred million coin hard cap. Therefore, all 4NEW plant sites will rely on the coin supply issued in the ICO.
Each year, 35% of profits are allocated towards the development of additional plants. This will increase business longevity and scalability."
that sounds good. you just have to keep your tokens and, if the project is successful, just cash in :-) Putting 35% of the profit into development sounds good, hopefully the profits are high enough to build new power plants fast As I know lots government are giving some kind of benefits in taxes if organizations/companies are reusing some garbage/waste material for making some new. But this company are generating energy by using waste material. Also as Anil mentioned about above 35% of profits allocating for new additional plants. That's really good for investors, company and for our nature. It is real in many parts of the word that governments actually subsidize environmental initiatives if not with cash with simplified regulations and easy setup procedures; i think that would really be in their favor |
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there are already many videos. I have to take my time and see all of them. My family will not be thrilled :-) but I have to look at this to understand the project even better before investing Great to see that happening; We need more of those especially the live AMA parts; since not may really understand the value of polyswarm. It would be really something to do a live AMA |
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I never knew there was a bounty program for 47BK before now  time to amass some tokens  Thank you for this link will begin work when I am chanced today... Looks like we missed the early participation there. I am not sure how I missed it; at any case we some could be gained from the sale; the price will moon when hitting the exchange. That it is tied to ETH i think the price would likely go up as ETH increases |
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I like the project, but unfortunately I do not live in England and I want to ask American citizens can participate in buying tokens?
I did not think I have in any where come across restrictions as to who can participate in this ico project though but that not withstanding you can try contact any of the team member on Telegram to ask. Well, most of the bitcointalk users are American. I think some of the American here will invest on an ICO like this project. I agree with you and expect them to invest in the project but I don't think you right saying most of the users here are Americans. In every 20 members, I feel that there is a 40 percent chance of one being an American Are USA citizens allowed to participate in this project? I heard that USA has banned its citizens from investing into Initial Coin Offering projects. But if the americans are here then that is also a good thing. I don't think USA citizens can participate given the SEC warning and regulations; They are still studying the rules to regulation but till then most ICO prevent them to play it safe. They can still get some off the exchanges. |
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Wow... So 50 million USD is the hard cap for this project? If I am not mistaking, this should be roughly around 3 billion tokens. I strongly believe that it is on the high side though.
50m is like nothing it’s strongly in the smallcap side of projects just because the token count is high is not an issue some companies decide to go with lots of coins of small value and others like a big dollar coin with few coins. The good part of lots of cheaper tokens is it allows for more variety of distribution without having to deal with fractions of coins which sucks It is not a bad cap given the type of the project; you will have to account for many authorization and legal aspects of the business so you will end up investing alot of that money just to make it happen. |
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217 pages of reports seems like a lot of people lol. That said I used to do bounties but recently find myself missing out on them just because of lack of time and attention to get the most out of them I feel like you have to be able to dedicate some time to just bounties each day which I haven’t had time for recently sadly as I know I’m missing out on basically free tokens That seems alot of participation lol; The more people in a bounty the less the reward lol; however if you jumped in early you would be get the most reward as phantam said if you have the time. |
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Guys come 9th of March and Savedroid token sales is over and unsold tokens are burnt (if any) what do you guys think the price will be once Savedroid get listed?
Really hard to guess as with billion coin markets it will be a really interesting to see how big the volume of the trading is. I mean if we immediately see a surge in trading and exchanges pick up the coin we could see a steady rise in pricing. Their was a small giveaway for customers but not too large so I don’t predict we will see a drop or dump as it isn’t a large amount vs the billion coin overall market Agreed but that would not really be a major concern; whatever tokens left will be burnt anyway. It will effect the overmarket yes but not necessarily in a bad way; the whitepaper reasonably forcasts the price. |
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I think the following can explain how the possibility of virus gaining access into the system is achievable even with the suppose protection one got even when there is a combination of one or more such protection(antivirus)...
"Market dominated by few large companies. Buyers and sellers are in the dark: sellers don’t know what threats they’re missing and buyers cannot differentiate sellers"
now with polyswarm in the picture there is a close connection between both buyers and sellers so that there is real time update of latest threats.
The expert chain connection is what would really differentiate them. In many case the Antivirus software is proprietor to a given organization and anything could go wrong; Given it is a centralized solution anyway. This is a real step to proper security if you ask me. |
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Nah dont worry about exchanges, lets get the ico out the way first
Exactly bro, ICO should be prioritized first because it is the funds are crucial to start this project. Worry about the exvhange site later after everything has already been established. Yeah 4New might be dealing to list on top exchanges which will comfort all the participants. I also had a calculation 1 ETH=870 KWATT. So 870*0.15=$130.5 for a year Unless this is per hour, plus the tokens we hold, we can get a huge returns. The business model on this would yield great returns not only for mining. You can imagine the industries that would benefit from this; especially that there are several countries need to work their pollution levels. I am curious though; if the price of the token changes what happens to WATT's? |
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They have already made 3.8 billion and it is growing very fast i think they can easily reach round 5 billion very i would recommend to be there very fast as the main sale is till running for 7 days.
I agree if they don’t hit it their going to get really really close which is super impressive for a ico with billions of coins just shows that they did a good job of explaining their plan and platform and getting their message and advertising across well which is great for everyone I imagine we’ll also see the coin trading at a premium after the ico is done as well It is amazing the amount raised in the last period. I think this would be a great journey forward especially that they are backup by great investors. |
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Here is the press release about the first of the two big investors: Decentralized IT security marketplace PolySwarm today announced a $500,000 investment from Swarm Syndicates, led by Joel Dietz. He personally invested in PolySwarm’s ongoing Nectar (NCT) token sale. PolySwarm has raised $22 million to date, with additional backers including Science Blockchain and BlockTower Capital. https://polyswarm.io/press/index.htmlI think it is an easy investment decision given they are a great team with tons of experience on the subject. In many cases the close network will just jump in given they see the value first hand. Great stuff polyswarm |
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Wow I'm amazed, I have only just looked at the Forty Seven Bank token distribution section! 90% of tokens being distributed will be for investors, 5% will be for the founders and 5% will be for bounty participants!
That is incredibly generous of the Forty Seven Bank team that the founders will have the same share as the bounty team! This is a good incentive for the founders to sell as many tokens as possible because if this ICO isn't a success then the Forty Seven Bank founders will take little profit for their hard work.
I can't seem to decide if this is a great thing; I mean now it is open to whales to buy as much as they can and control the price; On the other hand I understand it is also assuring for investors the team will not manipulate the price. Can't decide |
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it went really fast now from 3.6 to 3.8 billions of sold tokens. Those interested notice that time is running out. Only 8 days left
That could be a sign that some whales are now getting interested in the ICO. If we see more of these spikes in sales, we might indeed reach the hardcap. Will be interesting to watch during next days and the last week of the ICO. Probably could be whales getting interested or FOMO could also be the cause of increased sale of tokens, whatever the case might be i hope to see more increase in coming days, with only 8 days left hard cap is definitely in sight. You got that right with the FOMO; keep in mind though that we are talking in billions; we are used to seeing the numbers in millions and this is in billion so the numbers are really going up fast with magnitude. |
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We already saw lots good and positive reviews/ratings about polyswarm. An honest review from Solve the Ledger and we're happy to see that the strength Polyswarm team brings to PolySwarm is evident! Solvetheledger given below ratings polyswarm : STL Overall Score Transparency Score Leadership Score Marketing Score Development Score 71.89% 68% 100% 100% 53% https://solvetheledger.com/join-the-buzz-the-polyswarm-ico/Great, once the leadership is good, then the project is good to go, nice rating there, several rating sites are giving a good review on this project, though most times, i don't rely on such ratings but the brains and concept behind such project and polyswarm is not an exception Generally that is quite a good score especially in marketing which is a big factor, though I dont understand the low development score More reason why is said, "i don't rely on such ratings", i prefer doing my own review(s) and determine whether to invest or not , most are just random figures, written based on assumptions, Polyswarm has been getting some positive vibes from different avenues and partners are coming in to join the train, is a good sign if you ask me I agree to certain extent about making own research on investments. I also do the same. However these kind of reviews give me extra edge in making my decision on my investments. If it is just in one review, I skip it. but if it is from multiple sources, then its definitely a green signal from my side. Polyswarm is of the latter category for me. Conducting research on a project before investing should be everyone default setting, i don't rely on review/rating of any kind i believe in my instinct. Just like Ganesh stated reviews gives extra edge in making final decisions, having said this Polyswarm is an amazing project which i'm glad to partake in. I think those investing for quick gains do not really bother about digging in much just some indicators that the price would go up and that is it. Investors in this for the long term and with enough funds to put it would really dig into this |
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