I still want to find out how the token lending process is going to work? There is a bit of information about token lending on the Whitepaper and Milestones but it doesn't go into enough detail to fully explain.
What I understood was token lending is similar to that of buyback. For ex. project sells tokens now to raise money and then they buy back to reduce the circulation. Some project, they freeze those bought tokens and some burn it. May be I am completely wrong. |
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Hi guys. Bangkok is great!
At the conference, we did not speak but met with a lot of influential people.
Same story always: project is great, there is a real need for the solution.
BUT: ICO market is though these days: too many ICOs, too many scams, BTC/ETH going strong.
Staying in Bangkok for a few more days. Tomorrow starts Affiliate World Asia - where many of our "future clients" are. Will continue talks there.
all the best, Thomas
Thats good to hear CROM team. I understand how difficult this time is for ICO. But I am sure you are moving in right direction would probably find new potential investors in the next one tomorrow. Looking forward to hear from you after that event. Good luck CROM team. |
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This article posted by Fluz Fluz on their twitter answers a lot of everyones questions about the project. https://medium.com/@fluzfluz/questions-after-d10e-conference-5dcce5f412891. They're initially releasing the service in the US but 'the sky's the limit' and I think they will expand to a lot of countries afterwards. 2. Everyone in Fluz Fluz network will earn cashback not just the premier seats. It will be at a lower % to premier seats. 3. They want to launch in US by mid-2018. I hope this helps. This is a good read indeed. It has most of the information. I can understand why they want to capture US market first. Its a good initiative. Is this ICO also open for US citizens? Mid 2018 is not that far away. Good job Fluz Fluz team. |
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Where is the wallet? is there any discord or twitter or telegram channels?
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Here is a tweet with a picture about the Bangkok conference https://twitter.com/CroMhub/status/937619687856377858There is not an update yet about how it was. I thought Cromhub would talk/have a speech there too but now im not sure. Maybe they were just present there, but did not speak? Picture looks good. I hope the conference is also.. especially for CROM team. I am expecting some big news from CROM team regarding their new partnerships or potential interests together with big investors interest.. Lets wait for the official announcement from them if any.. |
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This is something I have seen in their executive summary..
"The FLUZ token can be used to purchase premier network seats. Seats are also sellable and payment can be made in FIAT, cryptocurrencies between seller and buyer."
This is interesting as network seats can be sold to others which is not unique with other reward systems as of now. May be I am wrong. If somebody have clear explanation, I am very happy to hear from you guys..
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I am pretty sure now that it is not true that they will continue with token sales if they don't sell out, I think the person who said this misread it.
This is what I read;
''ICO sale: December 1, 2017, to December 15, 2017, or until all CROM tokens are sold out.''
This means if the tokens are sold out before 15th December, the ICO will finish earlier.
yes, the ico ends on 15.12. but do you not think that it might be extended if only, say, 10% of the tokens were sold? At the moment they are still very far away from the softcap, so I would think about an extension. Is there any news from Bangkok? I have seen one or two ICOs now that prolonged their token sales because they sold less than what they had expected. So I would not be surprised if Crom also does the same thing. All ICOs are ambitious in the first instance. Reality will come to light once the ICO starts and then they extend the date based on the response. I will not be surprised if CROM extends the date later. Anyway what is the outcome of yesterday's meeting? |
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I like the cashback system of Fluz Fluz. You earn cash back rewards when anyone in your network purchases.
My question is, how do you build your network? In the whitepaper I only read that you can buy a seat in a network with Fluz token, is this the same thing?
yes, that's how I understood it. You "buy" the chair of your network, then you tell your friends "Hey, there's a new cashback system, sign up and you get money back" These friends can then invite new friends and so the network grows. However, the recruited friends do not have to pay anything, as is often the case with similar systems Really our friend does not have to pay anything, because the system runs like multi-level marketing where the place is the highest seat that will get a lot of income. Because the cashback system is applied then we must invite to make a deposit to the system to get cash back. Is that so? My guess is that our friends might have to register in their website or some means to get into the network. Honestly, this system is there and I know for sure if exists in Europe. I am still trying to identify the unique advantage of fluz flux. May be is just me...😣 |
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Very interesting way of airdrop and giving telegram bounty.
Thanks dev.
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very interesting bounty program. looks like santa is coming in the name of trident tokens
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good project to be part of. highly professional. good luck dev..
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I really like the sound of this project, it's nice to see that the team already has a working app on the app store and on android. It also looks like you have a lot of big, retail partners on board all ready. It's good that you offer the option of withdrawing your rewards in cash, gift card or bitcoin this makes the project more legit and very exciting for potential investors.
Fluz Fluz is spanish? not sure though. Also not sure about the meaning. But concept is good. Existing business is huge plus. With more social media promotions and articles about the project in well known and reputed crypto magazines, it will reach many potential investors. Still team have time before their ICO. |
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I have just checked the crom address again on ethersan.io Looks like crom send the tokens straight to the investors. That's a good move, so no one has to wait. Find it disappointing that I have to find out for myself
This is exactly the annoying part. It should be some kind of interactive portal which gives more information to the investors and also for potential investors. This will boost the confidence of about he people about the team. I really hope CROM team do something for this and make it as high priority. |
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Thank you for all the support  Update! We're honored to be at Planet BlockChain Dubai!  That is good to hear. congratulations team. As already mentioned by somebody there are lots of positives for Fluz Fluz global. 1. product exists. 2. large network already working on it. 3. very cheap pre-ICO price 4. active team 5. well experienced team members most importantly they know what they are doing and that too in a right way. After I read all other information, I will come to know more. |
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To get away from the softcap theme (for this time): found this article here in the BTCManager: https://btcmanager.com/crom-ico-streamlining-performance-marketing-system/Good to see that magazines continue to write about crom. Here I was again aware that the roadmap is running until Q1 2019, so we have to be patient The start may be bumpy, but in the end crom will certainly run well There is no question about experienced CROM team and its efficiencies at any point in time as of now. They are doing their best in several aspects and it is sure to go very high as a company as well as token value. But to get investors during ICO there needs to be certain elements which all projects need to follow. That is what missing in CROM. I hope they address it faster and act quicker. good luck for the meeting today. |
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My wallet is also not syncing. its stuck for 4 hours now. Need to do something in config?
But joined airdrop. will wait for the coins. Thanks.
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What does the name Fluz Fluz mean? And do you have a website in English? I see only Spanish and I can not find the translate button.
thats funny, i only can find the english website and not the spanish one. here is the link https://ico.fluzfluz.com/a new cashback-system sounds interesting, still much information to read. whitepaper looks very comprehensive at first glance Cash back and royalty bonus is very good initiative. But I am trying to understand what is unique in this project? As far as I know this cashback or royalty bonus system is available for quite sometime now in many countries. I also need to study the white paper and website for thorough understanding Yea. I think I saw something similar to this your question in one of the previous page asking about the relevance of the project and the dev response was that they are not just starting (or something along that line) meaning there have been the need for it outside the crypto world. But how ever for new we just have to read the white paper to be clear on their intentions My point is such reward system is already available outside the crypto world. May be its new for crypto world. Is that what you mean? one good example is airline miles. Is this not a good reward system and also using their airline networks. I am confused now.  |
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That is actually low for me also. Does this mean that it was not successful ? I at least agree that it is maybe good for the late users who want to invest in it with the 25% bonus.
Well, there is still enough time for the ICO to raise a decent amount of money. We will see when it is over if it was a success. It mostly depends on how money they need at least for the basic development of their product. Does anyone know what their softcap is? Their soft cap is 8000ETH. If my memory is serving me right. But the information is on the first page of this thread though. And as for time to raise a decent amount of money, they said their ICO will last for 14 days or until all tokens are sold. This to me is kind of an indecisive statement. I feel they should set a date and stand by it. My thought though At the soft cap I did not think at all. 8000 ETH seems to me very much now, if you look at the Crom address, they have just taken 36ETH. That's disillusioning, never thought they might not reach the softcap. Really hope the event in Bangkok will help attract investors The conference in Bangkok is today so who knows if it will attract more investors. There is still 10 days more for the token sales to end. What could happen if the soft cap is not reached, is that there is another round of token sales. I wonder if Crom has plans for this. If the softcap is not reached, according to their post, they said they will continue the sales of token until all token are sold out. If we are to go by the percentage of tokens sold in the past few days of their ICO, I don't see them hitting that softcap in the next 10 days. But let's hope after today's meeting we will experience drastic increase in sales. It is very difficult time to sell tokens in ICO. Especially CROM made some mistakes in the past like they did not build community by giveaways and airdrops. Video was not there until last week. No live counter in their website. Considering the price of ETH, CROM tokens are priced higher. Lets hope for best from their today's meeting. Good luck CROM team. |
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What does the name Fluz Fluz mean? And do you have a website in English? I see only Spanish and I can not find the translate button.
thats funny, i only can find the english website and not the spanish one. here is the link https://ico.fluzfluz.com/a new cashback-system sounds interesting, still much information to read. whitepaper looks very comprehensive at first glance Cash back and royalty bonus is very good initiative. But I am trying to understand what is unique in this project? As far as I know this cashback or royalty bonus system is available for quite sometime now in many countries. I also need to study the white paper and website for thorough understanding |
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