Luxcess Group team will attend The International Blockchain Summit on March 1st. What are the conditions for participiants?
You have to buy a ticket to attend the event. It's a grandiose event, where 30 world known experts from the sphere of cryptocurrency and technology Blockchain are meeting to share their experience, so it's worth enough, i guess. It's also a nice opportunity for investors to receive a deeper understanding of the project and industry in general. My main motive to attend such an event is probably to meet the CEO's of prominent ICO's, it would be a nice experience Yeah, and it will definitely help a lot with the ICO because everyone who ever met Luxcess Group crew gives a nice feedback about them. I heard that TED speaker Jon Kjær Nielsen dealt with the CEO of the project Bex Bostjan and his team during the past few years. He told that the crew at Luxcess Group are a good option if you’re looking for investment people with a human face. Where'd you get this information, by the way? From their recent article here: https://medium.com/luxcess-group/what-jon-kj%C3%A6r-nielsen-say-about-us-2481a60c4c39The feedback is even more valuable since Jon Nielsen isn't only a speaker, he's a person with technical background and master degree in engineering. I can say that Luxcess Group team has started throwing aces. Hah, i guess so. They have also met Oyvin Furustol, the Head of Investment Serving, LGT Bank, which is the world’s largest private bank. Very trustful and reliable cooperation! That guys really know their job. Nice, thanks for the valuable information, this will sure go a long way in the publicity of Luxcess, i once said something about giving detailed information such as this to the community through all the social mediums of the project, you never can tell what such can do in the viability of a project |
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Really? They don't have direct sale in their own website? Why? Is this efficient way of doing ICO? I don't have answer or suggestion for this. But trying to understand it clearly. Yes, we Will have a normal sale on our site, we Will just open it with an announcement on the stage in moscow. Luxcess group Okay, that's great, i actually like where this is going, first, the hype, to create that avenue for people to be expecting the site, then it leads to suspense and the urge for the community to want to buy with the launch of the site, leading to traffic to the site, nice one, you seem to understand the game of human psychology |
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Really? They don't have direct sale in their own website? Why? Is this efficient way of doing ICO? I don't have answer or suggestion for this. But trying to understand it clearly. Yes, we Will have a normal sale on our site, we Will just open it with an announcement on the stage in moscow. Luxcess group If i may suggest, i think the Luxcess team should be the sole correspondence of responses to questions directed to the Luxcess team, i see different usernames, responding in an official manner, this may lead to confusion, as different responses to same message may occur |
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On which exchange will Polyswarm (NCT) get listed ? I couldn't find anything on their site (main page). I hope that it will get listed at the top exchanges like Binance etc.
It will probably come soon, the project is a new one, so things have to be put in place before going into the exchange phase, i never thought this will sell this fact, the crypto wold is indeed unpredictable, is really surprising, this i believe will lead to the fast forwarding of the phases involved, including the exchange phase |
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Exactly, this is why I'm pretty concerned when I see a new project / start up without the relevent KYC procedure, this doesn't fill investors with confidence, so it's good to see savedroid had already thought of a good procedure and had everything set in place. Waiting months for something you paid for is a great way to fill investors with confidence, not only that not everyone can dump at the same time! Great way to control the market, "sorry guys kyc is slow" You are right, it's not optimal that the KYC process takes a lot of time. But how would you solve this problem? The documents of thousands of backers have to be verified, it's just normal that this will take its time. Some other hyped projects (for example UTrust) had the same problem. Is not actually a problem but a slow phase in every ICO, everyone will surely be verified, is a sure thing, is expected for people to fidget, after all, is their investment but we should also understand that this is done manually and not done by a robot and like i said, is too early to start screaming about it |
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Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API. we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW! Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity if this works i will quit my actual bank account and move all my finances zu 47BK:-) I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on. I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time" so we are going to see a gradual increase in adoption as time goes I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success probably banks like 47BK will not replace traditional banks. but I can well imagine that other banks look a bit off from projects like this. This is how the banking system is changing from both sides. And in a few years everything will be different Yea, you know the traditional bank is still a viable investment and investors won't like to loose their money, they are still on the skeptical edge, trying to figure out what to do but some must have been going through the phase of traditional to what we have now, is slow but will definitely shift, is difficult for people to accept change |
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It is great to see a team of experts working together. To be able to do work for large clients is pretty impressive. what really caught my attention is the large clients involved. I doubt those clients would have chosen polyswarm if they weren't great at what they do. This is a nice read from MCafee https://securingtomorrow.mcafee.com/business/can-blockchain-cybersecurity/ that mentions swarm. Interesting read there... "where are the cybersecurity blockchains? Let’s take a look at an interesting approach to Threat Intelligence leveraging the blockchain and see how it stacks up to the list above. Swarm ( https://swarm.market) (not to be confused with Swarm – the distributed storage and content distribution network) is a decentralized security marketplace that aims to connect end users with security experts" culled from the article And this part explains the incentives that's plan by polyswarm project and how they intend to go about it "In the most simple case, anyone can submit a sample through Swarm and ask “Is this malicious?”. They can also post a “bounty” for the resultant information. A security expert examines the sample and earns the bounty by submitting an assertion about the data" Thanks for sharing this info. Its good to see Polyswarm already focusing on this area. But I would like to know how polyswarm product will work? I mean they are developing software or hardware or something else? Check this out. This is the short intro I got about Polyswarm. This is also answering your question completely or partly. PolySwarm brings enterprises, consumers, vendors and geographically-diverse security experts together into a single marketplace for more complete cyber threat detection. Experts craft and maintain competing software “micro-engines” that quickly identify the latest threats, attempting to outperform their competition. The combined protection of thousands of microengines allows for broader, faster coverage and more efficient protection. The market is a vibrant one, with over $8.5 billion/year but the fact still remains that 70% of threats are going undetected and cyber crime damages expected to double by 2021 and reach 6 trillion USD dollars, with Polyswarm coming into the picture and providing solutions, things are expected to change, as you can see from the stat that's a multi billion dollar market, with readily available clients |
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KYC is ongoing, well i think its done by batches after payment confirmation, you'll be notified when it is your turn for the KYC you will receive an email and also it will show up on your dashboard.
i hope savedroid team will be able to finish all KYCs as soon as possible. or days after the token sale so that the distribution of tokens will follow right after, by doing this, it will minimize delays. Would be a good suggestion, but please take into account there is alot of transactions so please don't be dishearted or in a "rush" to get the tokens. I'm not sure why some people are so "eager" and keen to get the tokens straight away. i am not saying that they need to rush, all im saying is that they must start already verifying all those KYC because i know that there are so many investors that went to KYC. this only prevents delays. because many investors are impatient especially there's money involved. KYC Verification usually happens when the ICO is over, i don't understand the fuss behind the whole thing, the ICO is still ongoing and even when its over, some project take more than 2 weeks to start verification, as i usually say, is unethical to list other projects, if not, i would have stated some ICOs as examples |
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Yes, it means that you will be able to directly trade on exchanges which are connected to Forty Seven Bank infrastructure via API. we have already puzzled over this and already thought of the API. great that you want to do it that way. So I will be able to trade directly from my 47BK account on Exchanges. WOW! Is this the first bank to offer that for crypto thinking back and doing a quick google I’m not seeing any others that allow direct trading via third party markets from a Ebank account. If this works how I think it will it would be a reallly big selling point for people to utilize 47 especially if 47 can tie into some of the larger banks and take advantage of that liquidity if this works i will quit my actual bank account and move all my finances zu 47BK:-) I'm sure traditional banking is coming to an end and in a few years we'll be wondering how we could manage oour finances without 47BK Hmmmm truth is traditional banking system has their own usefulness and advantages which has made it survived until now so we may not be able to see a complete shift from traditional system to the modern system 47BK is bringing on. I agree with you on the fact that if fortyseven becomes successful with the implementation of its project there will be a significant push towards their banking system but it won't be that huge and like the old saying goes "somethings takes time" so we are going to see a gradual increase in adoption as time goes I agree on the part of traditional banking but lets face it, things are changing, before, we do walk into the bank for every single transaction but now, is different, no one expected cryptocurrency to go this far but today, here we are, so the shift will happen, it may take sometime but once Forty Seven Bank becomes successful, it will lead to a shift, everyone wants to identify with success |
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Chech out our new team member.
New Member Of Our Team 🙌✔
💥 Legal Andrey Didenko 💥
➡️Founder in “EasyLaw”, legal firm that provides legal and IT services to innovative companies.
➡️Corporate and contract lawyer in «Virtus.Pro» cybersport holding company
➡️Cooperation with financial department: legal expertise of financial agreements, i.e. credit contracts, mortgage, guarantees, sureties etc., legal advice for different financial issues. Good to know that Luxcess team is putting the necessary steps together to ensure the safe takeoff of this project, especially the legal aspect, in order to provide security for the vibrant community, i will suggest the link be added for easy access of information concerning the partner and his firm |
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The KYC process, how much time it takes? (after the sale ICO or during? What happens if you do not complete the KYC process?)
KYC process can be legally required in specific countries, if you do not complete the KYC process you might not be legally entitled to invest it involves providing documents to declare who you Sad but true the scale of KYC seems to greatly depend on both the investors location as well as the companies location. US seems to be the most strict when it comes to securities and KYC requirements. Some ICOs take a more loose requirement and others just spread the minimum requirement across all of their investors to make sure their covered in the future given the whole kyc situation seems to be evolving for crypto constantly Exactly, KYC varies among countries, it is also stated on most ICOs that successful KYC varies, what this means is, the time Mr. A provides his details and the time Mr. B provides his does not matter, as both will not be approved same time, even though they applied same day, just as it happened to me and a friend of mine The KYC process is not done for everyone at the same time, it's alot of work. Unless there is an automated system, they will do it in batches They will probably hire an KYC provider that will take care of the KYC process and speed the whole thing up. IDNow, for example, did a lot of KYC processes for several other ICO projects. It can be overwhelming, imagine getting loads of personal information on a per second basis and such information need to be accurately checked to avoid scammers and issues from regulatory body(ies), so is understandable for such to take a considerable amount of time before one can be verified |
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are there any partnership and collaboration with companies?
Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future This gives a good idea in which direction the ICO is headed, but has yet to prove that they actually can achieve their goals Their whitepaper actually gave a hint of their goals and what they can achieve, i know uncertainties are bound to happen in any project but Forty Seven Bank has given me reasons to stick with them, i like going though what i intend to invest before investing and the project must be good enough to convince me, i think i'm convinced about this project, my personal opinion Exactly, there is some interesting parts of the whitepaper which have been well thought of, check out this latest update in medium with a partnership announcement https://medium.com/@FortySeven47/forty-seven-bank-partners-with-citowise-b9ccba491b86This is a good announcement, however outsourcing app management introduces vulnerabilities and risk factors to consider You do have a point, that was why i asked the above questions, so much to know before it can be accepted by many, i for one would have love a scenario where all the functions will be based on the Forty Seven Bank app, unless there's a solid reason behind the partnership, which of course can be clarified by the team |
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For those who might not know, the voting has just begun on the Luxcess telegram group. So if you don't mind, kindly invite your friends and family to vote for your favourite contestants. May the best man win.
Hello, As said above, the competition in telegram has just started. You guys can promote yourself here or anywhere else if you want to, best of luck for everyone!  Luxcess grouo I see they reduced the number of contestants and price goes to the first top four in this manner 1st price- lxc500 2nd prize- lxc350 3rd prize-lxc250 4th prize- lxc100. I prefer this to the previous contest, already placed my vote may the best contestant win. I don't really get this competition. "Be the face of Luxcess" but you can't even see the face or a bio of the person you're voting for. It doesn't make any sense to me. I really don't understand it also. I think the contestants should have been displayed to the group members, so that we are sure of who we are voting for. I did a random vote anyway, I just hope the fellow is pretty enough 💃 Haha I'm with you I think I'm just going to have to make a blind vote, I will probably go for the Luxcess participant with the least votes, I like to go for the underdog!  Lol you guys are funny, a picture of the contestants will have made more sense as the name implies "Be the face of Luxcess" we ought to have seen their faces what if after all votes are done the winner is made know and everyone is like  I don't think the luxcess team are doing the contest based on how the contestants look maybe they want to choose the most popular ones among the contestants Nope, is not about looks but simply about number of votes which individuals can do by simply rallying around family and friends like i stated earlier, which will indirectly lead to the spreading of Luxcess news around platforms, so is just simple promotion analytics to help boost the brand |
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Nice to see that Polyswarm are planning to release their Alpha MVP at the end of April 2018, it will be interesting to see what the ambassadors and experts first impressions are.
This is a very technical project and I like how the team all have vast experience in the Anti-Malware & Anti-Virus sector, they even have Mark Tonnesen on their panel of advisers who used to to be the CIO for McAfee.
That would be great seeing it in action; I understand the Alpha is the early on version but it would be easier to get users involved when you have something they can use. The idea is innovative trying to use the community to combat them malicious viruses; the idea aside; to also get the support of McAfee is a great achievement. McAfee's ex-CIO Mark Tonnesen will be on Polyswarm advisory board is really good news. So Polyswarm is really serious about this project and planning this perfectly. Now this is giving me the buzz, these are the things that moves a project, ICOs require a face or a solid team to build the confidence of the community, Polyswarm seems to be going in the right direction at this early stage, the momentum should continue if they intend to create a solid brand that will last |
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The KYC process, how much time it takes? (after the sale ICO or during? What happens if you do not complete the KYC process?)
KYC process can be legally required in specific countries, if you do not complete the KYC process you might not be legally entitled to invest it involves providing documents to declare who you Sad but true the scale of KYC seems to greatly depend on both the investors location as well as the companies location. US seems to be the most strict when it comes to securities and KYC requirements. Some ICOs take a more loose requirement and others just spread the minimum requirement across all of their investors to make sure their covered in the future given the whole kyc situation seems to be evolving for crypto constantly Exactly, KYC varies among countries, it is also stated on most ICOs that successful KYC varies, what this means is, the time Mr. A provides his details and the time Mr. B provides his does not matter, as both will not be approved same time, even though they applied same day, just as it happened to me and a friend of mine |
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are there any partnership and collaboration with companies?
Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future This gives a good idea in which direction the ICO is headed, but has yet to prove that they actually can achieve their goals Their whitepaper actually gave a hint of their goals and what they can achieve, i know uncertainties are bound to happen in any project but Forty Seven Bank has given me reasons to stick with them, i like going though what i intend to invest before investing and the project must be good enough to convince me, i think i'm convinced about this project, my personal opinion Exactly, there is some interesting parts of the whitepaper which have been well thought of, check out this latest update in medium with a partnership announcement https://medium.com/@FortySeven47/forty-seven-bank-partners-with-citowise-b9ccba491b86I just checked out the link, pretty sleek but a little confused, does it mean i can easily get FSBT with Citowise, if i decide to go via the citowise channel and can i easily send my tokens back to my FSBT account, will this come with any charges between each transaction?. what if Citowise shuts down, will FSBT take care of the issues that may arise? |
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As of today, we have eight days to go for presale to be launched. I just learned that the Luxcess team will be going to the blockchain summit in Moscow, and the presale will be launched over there live on stage. This will be big.
Ya it seems to be a solid way to make a splash and drum up big attention using a pretty large setting to live announce the launch probably with a nice introductory speech is a great idea but probably means we’re going to see a very fast run on tokens I hope luxcess has been shoring up theirbservers to handle demand really hate when popular ICOs crash as soon as the ico goes live They have thought of this very well, and obviously took into account when was best for the pre-sale, just after the blockchain summit in Moscow. Well thought of and I hope everything goes well there as they deserve it. We should see some nice progress over the next 6 weeks Yea, we all hope for the best and this is the most critical period as its the final week before presale, every loopholes should please be addressed, as any issues from this moment may lead to setbacks, i see the Luxcess group spreading the word by visiting various channels, that's what is needed at this moment, a lot of publicity is needed now |
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are there any partnership and collaboration with companies?
Check out https://www.fortyseven.io/ it has the partnerships and companies they work with towards the bottom of the website and what exchanges they are hoping to be listed on in the near future This gives a good idea in which direction the ICO is headed, but has yet to prove that they actually can achieve their goals Their whitepaper actually gave a hint of their goals and what they can achieve, i know uncertainties are bound to happen in any project but Forty Seven Bank has given me reasons to stick with them, i like going though what i intend to invest before investing and the project must be good enough to convince me, i think i'm convinced about this project, my personal opinion |
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I hear cherry.io is now a new partner with Luxcess Group. This is even more promising. They have great charity results mostly in Slovenia and even at this moment, they are preparing an ICO
They will be using them for the charity of 15 ETH; My guess is cherry would benefit alot having luxcess use them and hopefully cherry would return the favor and publicize luxcess group. Hello, yes we partnered with cherr.io, and we Will donate 15 ETH to them, and then every single month after that, we Will donate a part of our profits to them. Luxcess group from the monthly donations I did not know at all, that's a really nice move from you. You could also include a simple donation opportunity for your clients in the app, perhaps with several selected organizations to which they could then donate a small part of the profits Great to hear; hopefully more people would get to know this; that it is not the one time 15 ETH but the monthly contribution. That is a great move. All the best Luxcessgroup Very good of the project to do that and a very generous amount especially for a company who is just starting out. Thats not the only point. They mentioned they will do it in a regular manner in the future. Thats very important. No project will commit something like this especially when they are looking for funding. Which makes me kind of amazed... I mean a project looking for funding and starting out could be so benevolent as to give out as much as 15 eth on a regular which makes me also question the sustainability of the donation program... How sustainable is it? Aside from profit from the luxcess platform what other areas is to be explored to keep up with the donations? Hello, the 15 eth donation Will be just the first time, the next donations on regular basis Will depend on how much profit we Will make each mont, but yes it may happen that it Will also be a 15 eth donation or maybe less, maybe more. Luxcess group That's still a good thing, for the fact that the Luxcess team will be considerate enough to consider helping the less privileged in terms of profits or charity is something to emulate and honorable, the community should identify with this approach used by this project |
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scam ... I paid 8000SVD and was the status of "Your payment is confirmed! We'll notify you about next steps in the upcoming days" Yesterday and a week ago 8000SVD was displayed on the balance sheet, today 7682SVD is displayed. in the chat https://t.me/ they refuse to understand and say that this is how it should be! I understand how you feel but i believe it will be sorted out, so far, i've not seen any negative comment ever since the sale begin and i have been judiciously following this thread, issues come up in ICO's like this and i also remember something similar happening in of the reputable ICOs, so just hang on, they will surely attend to you |
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