I asked this in the group, the admin said he'd get back to me with the correct information since he only forwarded to the main team.
I know they started their ICO last year prior to changing and start again as STO. However I am not sure of amount raised already by then. |
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Undoubtedly, videos are best way of providing short introduction of the project. After watching videos only I normally decides if I want to dig further or not.
I kind of agree to 100%. One short video speaks a lot when compared to the huge article. I always start with the intro video from the famous ICO rating site. Then only rest of the things. |
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Am not certain of the security features that BCNEX have in place but I believe that they are aware of the risk involved in cryptocurrency exchange industry and would make vehement moves to ensure that the funds of traders are secured. There are many security features in place, but more can be done to ensure a safe trading ground for users.
Like somebody mentioned here, they will learn from the mistakes of others. Then only it will make sense. |
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Where is the BCNEX main office is located? Was the team associated with any other exchange ? I mean so they have the experience in supporting any exchange related services?
Since the team members are all Vietnamese, We can speculate that this project is based on Vietnam. All team information can be found on their team page together with their LinkedIn and facebook profile for added transparency Vietnam is the attractive part everybody is talking about. Lets see how this project picks up. yeah, vientnem and most developing countries are the ones pushing for the adoption of cryptocurrency i believe one the big guys come into play the game will change Big Asian countries are avoiding crypto whereas smaller ones are pushing it hard to make it legal. Don't really understand the strategy. |
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Tokenomics is interesting. Without MBTU, nobody can do business with you. Thats my understanding. Am I right?
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If my understanding is correct then IEO give better benefits than ICO for investors? As exchange is already selected? So investors don't have to worry about listing? Please correct memif I am wrong.
I am not sure whether this is really a agreed approach. Exchange listing could have completely different process than IEO. I will look further into these.. |
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Interesting news with the IEO for your utility tokens. Really wondering on which exchange your sale will take place.
Can you explain to me a bit more precisely what the benefits to me would be for rent my own private mining unit at your facility instead of just holding MBTX tokens?
We’ve found a number of potential investors are wary of security tokens, they are still new and exchange options are limited compared to a normal utility token. The utility token will return the same benefits as the security tokens except there will be a little more effort involved from the token holder. MBTX is a fully compliant, passive income token. MBTU will give access to a selective service with very similar benefits but you’d have to ‘subscribe’ on a periodic basis to keep it active. Exchange wise, it’s a top 50 exchange currently, we will reveal that in the next couple of weeks but we plan for the IEO to run in the last two weeks of May. We’re still negotiating options to maybe run the IEO on more than one exchange. That’s all we can say for the moment An Airdrop and Bounty will be also be announced in the next few days Interesting development. Seems like this project is having full of surprises. So you will have separate soft and hardcaps for this utility tokens? |
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As I see your ICO will start in 10 days? For how long it will be ongoing? And why you decided to make ICO instead of IEO?
What is IEO? All projects go with ICO. And that's normal process for selling /offering tokens. And yes ICO will start in 10 days.. IEO - Initial exchange offering. This is a new hype in crypto like was ICO in 2017. Alsmost every big exchange nowdays have their own platform for IEO. Binance is the best one and highly hyped at this moment for such IEOs. Not sure how they choose projects in their platform for such IEOs. |
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I have done my part. Its nice read. Thanks for sharing it here. Looking forward for the good and trust worthy exchange. |
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Until we sign on the dotted line, we will be strategically searching for the ultimate location. When a suited alternative presents itself of course we’ll consider adoption
Fair enough for the moment. This might be crucial information for the big investors who are going to come on board. Yes. Lets wait for the official announcement and I am sure it will happen before they close the STO. Btw, when is the STO closing? |
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If I trade at any other platform, how BCNEX will be tracking those trades as part of this competition?
This is really confusing. Why the team is conducting trading competition in some other platform when they themselves want to have exchange? |
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At first page it's mentioned that, 75% revenue will be shared with tokens holders. And just 10% kept for operation cost. This 10% will be sufficient to support operation cost (including electricity)?
This was already explained by the team earlier. But still your question about electricity is crucial and this is also in relation to the last few comments about the site locations. |
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Firstly what's the cost of the electricity they want to use??
How would they have already paid completely the cost of electricity they need since electricity cost will be a recurring expenses?
They still dont know the exact location as far as I know for their mining facility. If this is true, its impossible for them to give estimation of electricity charges. Team is based on London (UK) right? Is it not their first choice of location for mining? |
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Page could not be found. Did they delete it already? Why don't you post it again and give the link in their telegram as well as in social media together with bitcointalk? |
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This is the first time I visited this project page. I see lot of exchange coming, what are the different options or special things BCNEX have ?
Looks like project team is not much active here. Anyone knows best platform where I can ask questions to project team ? You can join to their telegram group, they will help you there and more active team members are there to support you  Look at the teams messages above or just scroll this thread. You know how active they are in answering the questions. |
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Thanks for sharing this very important information here. It is indeed registered with SEC. I am not sure whether the team is happy with such regulations but as an investor, I am very happy about it. |
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Does anyone know if there is some official paperwork from the SEC that confirms that the Minedblock tokensale follows all of their regulations?
I have not seen it. However the team was in process of doing it before they start with their STO. Thats also the reason, they stopped their ICO for a while before they start their STO. |
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I see ETH is up more than 100% since recent low. Is this hint of bull market? Or market still in bear phase?
Check out LTC and ADA movement. As well as BCH. These coins move faster than ETH or BTC. Not sure what the reason is. Hope this is a turnaround in the market to start with the bull run. |
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