Thanks for this. Was about to translate and get sense out of the whole Portuguese content. But one thing that didn't did up was this line "The main ICO for the innovative project began on December 1 and ends on December 15, 2017, with 4 million tokens being made available to the public." . That's how it was written in that link up there. I thought the ICO was to end 14th of December and not 15th??or was there a Change of date?? think it can easily come to misunderstandings. On the homepage of crom I read that the ico starts an 1.12. and lasts 14 days. Depending on how you count the end of icos is on the 14th or the 15th of december. In my opinion, it lasts until 15.12. So still 7 days It is either 14th or 15th just like it can either be day or night there is nothing like 14th and 15th. They should clearly state when their ICO is ending and stick with it. Unless the 15th I saw in that article is a typo error then it will make more sense. But as it is now, am yet to get it right This is true, especially with people from all over the world they could be GMT -8 or GMT +8. Some clarification on this would be good to ensure full understanding. Has anyone checked their ETH address? what's the pot looking like at the moment? oh lol, i never even considered checking the eth address.. such a passive move on my part. i keep asking about how much they raised meanwhile i could have just looked it up. But like you would figure, no i have not yet checked their eth address. i probably will check it tho |
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Is this project going to make a comeback for financial pyramids?  No, I think you do not understand the project. in a financial pyramid you pay to get in, while on every lower level you get less rewards. fluzfluz is different. There is only one who pays, the owner of the premier seat. He get much more than the rest, but he payed for it. All the other members of the network do nothing more than register themselfes and after that go on buying those things they want to buy. And than, at the end of every month, they get money.  Everyone wins, so no financial pyramid,.... yea, but i kinda get what he is saying. The construct is kinda the same, you got percentages of the people you bring, and a percentage of the people those people bring etc till 5 layers. That is kinda what a pyramid does. The main difference is indeed; there is no initial contribution you have to do, or any contribution at all. You Always win |
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I don't know, this whole network structure reminds me of a financial pyramid, where only the first pioneers will get profits, while others will get nothing!
Well it kinda is, except there is one significant upside if i understand correctly. The lowest grade of participants still get a cashback (discount). However, this discount is not as high as the pioneers. While in a financial pyramid you have to pay alot to get a very low return. At fluzz fluzz you don't have to pay anything to participate on their platform. |
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maybe I'm blind, but I could not find any other language crom-thread here in the forum. not even a german thread, although many of the team members are from Germany. Maybe threads in other languages would be a way to make more users aware of the project and let them invest some eth
well im dutch, and to be honest.. i never check the dutch forum's, mostly because the traffic on those posts are quite low. In the general (english) section the traffic is huge and conversations diverse. |
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Crom announced on their website to make the CROM tokens tradable on popular exchanges within three weeks after the ICO ends, is there any new yet about Exchange listings?
as of now, i have not yet heard any news on that subject. Wonder what exchange that might be.. However my main focus is still on the fact if they made a decent haul with the investors.. a lot more important in my opinion. Yes I did not saw any Exchanges yet, I am guessing the token will be trading on Etherdelta first and than hopefully on the more popular Exchanges. I am hoping for Bittrex me too, i believe bittrex is quite populair in europe. Given the fact that they focus themselves there it should be one of the first to get on. Perhaps poli is also an option? My own weir little tick, i dont know if anybody else has it, is that if a coin is only available on cryptopia, hitbtc, etherdelta i kinda assume it must be a shitcoin lol |
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I just read that the Premier network seats are limited to 16,383. the first token buyers are also the first to acquire a premier seat. And now it will be interesting, if I understood correctly: you can sell your premier seat to other interested parties. That could be exciting. Would you hold your premier seats, or sell if the offer is good enough?
That is really interesting! 16,383 seats is really not much. How did they come up with such a random number? So if you buy tokens, do you automatically get premiers seats or do you have to buy seats after you buy the tokens? as I understand it, you buy at ico the tokens. These can then either hold or buy a premier seat. There should also be an exchange for the premier seats. If there will be more seats for new countries, I do not know, I have not read everything yet. However, it can be assumed that the values for premier seats will continue to increase over time, should they remain limited. Make participation in ico even more interesting Yes exactly, if this building network mechanism is successful, it is very interesting to invest and more interesting to buy the premier seats. To be honest, I never participated in such a network, but it seems very smart Even investing in ICO would be beneficial in this case without getting/buying a premier seats. Simply HODL and enjoy the benefits. But risk is what will happen if they want to move to different conservative markets. This could be a possibility due to regulatory stuffs in some of the potential countries which are in fluz fluz's target. So will the first token buyers get these premier seats no matter how much they will invest or will there be a minimum investment to be able to acquire a premier seat? In the WP it says 2000$ in tokens, so 20k tokens to get one. There's a catch, you're not guaranteed to get one if demand is bigger than supply. In that case you may get two tier2 seats. What bothers me is that it's not specified how the assignation of seats is made (lottery, FCFS... ). Damn!! 2k is quite a lot of money.. Given that it is a cashback thing with a max of 50% for a premier seat. This means you have to buy shit for atleast 4k to make the money back. (given the fact you will keep your seat) I mean, that is quiet alot.. I'm also not a fan of holding multiple seats, given the fact you can't stack your bonusses thus having more than 1 is useless. or am i completely wrong here? |
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Crom announced on their website to make the CROM tokens tradable on popular exchanges within three weeks after the ICO ends, is there any new yet about Exchange listings?
as of now, i have not yet heard any news on that subject. Wonder what exchange that might be.. However my main focus is still on the fact if they made a decent haul with the investors.. a lot more important in my opinion. |
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Burning token can help the price at the early stage but then another fear is a likely dumping of coin by traders due to a little mooning of the coin price. That's a likely possibility
Yes. In general burning tokens will help for price boost in the early stage. But this tokens are meant for different purpose. So probably the CROM team understands it indepth and implementing it. So we should leave it to their stand. I get what your saying, but do not totally agree. There is another ICO currently going on that promised investors to distribute all non sold tokens to investors in ICO, now that is interesting for investors. Tokens going back to the team is not accepted by investors anymore.. i agree, you buy these tokens at a market appropiate price.. if the sales are not that high, you should consider lowering the average token price by distribute for example an extra 25 - 50% I for one believe in burning or atleast holding them in a contract and release a percentage of the unsold tokens to tokenholders at a certain price range for example. In either way, it should clearly benefit the investors and not the company. |
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How much is a premire seat? as far as i figure, if the price is at the right level in the start the smart thing to do is to buy a premier seat with tokens asap. because, if it gets more populair the tokens go up in value (thats what everybody wants), but if it gets more populair, those premier seats get more in demand too. So basicly, having a premier seat instead of tokens is like holding a bunch of tokens with leverage.
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I kind of agree with most of the comments above. ICO is difficult risky in this time. Quality companies like CROM should sail through successfully. But it just needs some extra preparation time. Let's wait for the next update from the team. Great job CROM team.
Well I really think the time that ICOs earn a lot of money without a proper whitepaper is over. If a project wants to have a successful ICO nowadays. it really needs a good marketing strategy. 100% agree, if the team want this project to be popular they need to spend more on its marketing strategy. Which is a shame because CROM is a good idea but unfortunately nowadays people want to see more hype around a project before investing purely because of the large amount of ICO's there are available. That's the problem nowadays, it's all about social media and hype rather than the actual product which is a shame... But as you say, lets hope CROM when they get back from Thailand they up their advertising & marketing. Keep up the good work team. I hope CROM increases their advertising when they get back just to make sure the first 1m are sold and maybe a bit extra. I think they may need to burn some of the tokens if they do not extend the ICO sale. CROM is in digital advertising field. They know for sure on how to increase the efficiency of advertising. I guess timing is the problem here. Extension or no extension of ICO is definitely depends on the investments they got it until now. Since the progress is not visible anywhere, its hard to judge on that. We have to wait for the official announcements only. There is no extension of ICO. It ends on 14th whether or not the soft cap is reached. But as for the visibility of the progress of the project I think I share same stand with you. Let's hope there will be public announcements about it. Yes, we will see. The good thing is, that most investors coming in at the beginning and in the end of an ico. Im sure devs having a strategy. indeed, i can keep claiming things.. but those are not facts. I just state things i see from my perspective, i'm not a marketing god or anything. On the other hand, these guys got massive marketing experience, so whatever they do, they probably have a reason and a taught out plan on the things they do and don't. |
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I kind of agree with most of the comments above. ICO is difficult risky in this time. Quality companies like CROM should sail through successfully. But it just needs some extra preparation time. Let's wait for the next update from the team. Great job CROM team.
Well I really think the time that ICOs earn a lot of money without a proper whitepaper is over. If a project wants to have a successful ICO nowadays. it really needs a good marketing strategy. Definately agree! Crom does got the right stuff to be a hot ICO, that is also why we are so hammering on marketing and small features as an raiser counter. It are those little things who make the difference nowadays between a good ICO and a great one |
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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. This are great news !! so fluz fluz is one of the icos that already have an working product like OMG or TenX have. I think this can get big Yep thats the #1 thing that gets me excited about an ICO like fluz fluz the fact they have an ongoing service that their growing/changing means they at least know the market well enough to have a good chance of success. It's cool seeing crypto sneak into these new market areas. Exactly! A lot of projects nowadays only want to sell a whitepaper with an idea and a vague plan how they want to build the platform. The fact that Fluz Fluz already has an working product is outstanding. I am sure investors will honor this. Indeed, especially lately. Lately you see alot of the 'i got an idea give me 30mil' projects whom are mostly semi-scam (they deliver the token but thats it mostly). So it is also refreshing to see some projects pop up with existing products and company's who simply are young and flexible enough to innovate at this early stage with blockchain. Do you know how many customers do they already have in Colombia? I don't recall to have seen that on the whitepaper. nope, i am yet to familiarize myself with their whitepaper, roadmap etc.. I've been quite busy so i'm only aware of the broad picture.. in the coming weeks (probably next week) i am going to dive deep. however i already asked some questions regarding the tokens down here, hoping i will get an answer. |
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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. This are great news !! so fluz fluz is one of the icos that already have an working product like OMG or TenX have. I think this can get big Yep thats the #1 thing that gets me excited about an ICO like fluz fluz the fact they have an ongoing service that their growing/changing means they at least know the market well enough to have a good chance of success. It's cool seeing crypto sneak into these new market areas. Exactly! A lot of projects nowadays only want to sell a whitepaper with an idea and a vague plan how they want to build the platform. The fact that Fluz Fluz already has an working product is outstanding. I am sure investors will honor this. Indeed, especially lately. Lately you see alot of the 'i got an idea give me 30mil' projects whom are mostly semi-scam (they deliver the token but thats it mostly). So it is also refreshing to see some projects pop up with existing products and company's who simply are young and flexible enough to innovate at this early stage with blockchain. |
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Pff, i've been quite slammed with work recently and haven't been able to keep up to date about the developments of crom (or any other currency). I read they are/were in bangkok meeting potentiel future partners? Anybody able to loop me in about the developments of the last few days?
crom's team is in bangkok, but have no speech at the conference (quote thomas: At the conference, we did not speak with a lot of influential people.) Tomorrow launches the Affiliate World Asia, on which they will be talking with many potential new customers. So they are working hard, motivation is still there Alright, so the only topic i actually missed was the fact that they are in bangkok? Then i did not miss that much luckily! Haven't they updated us on the investment number of the pre-sale? Or about the counter they were going to put up on the website? Unfortunately, not. no word about pre-ico or public-ico. at least I did not notice anything. But they are busy in Bangkok and may not have the time. Attracting potential customers / investors is probably more important at this stage. Nevertheless I'd like to have some information about the ico and how they run yeah i agree, attracting potential investors is the most important at this stage. But i believe they should also stick to their core believes. One of them is transparancy; in which relaying the information about the pre-ico sale investment amount is a given. But combine transparancy and attracting investors than a raiser counter on their website is key. especially since they give 25% bonus at the first 1m tokens in main ICO, i would be nice to know how much of that amount is left. |
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Pff, i've been quite slammed with work recently and haven't been able to keep up to date about the developments of crom (or any other currency). I read they are/were in bangkok meeting potentiel future partners? Anybody able to loop me in about the developments of the last few days?
crom's team is in bangkok, but have no speech at the conference (quote thomas: At the conference, we did not speak with a lot of influential people.) Tomorrow launches the Affiliate World Asia, on which they will be talking with many potential new customers. So they are working hard, motivation is still there Alright, so the only topic i actually missed was the fact that they are in bangkok? Then i did not miss that much luckily! Haven't they updated us on the investment number of the pre-sale? Or about the counter they were going to put up on the website? |
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as far as i read, it sounds like a very promising project! I really like the fact that u guys already have a working product and wish to expand on that. there are however some questions about your tokens.. You don't reserve any tokens for the company or partners? If the tokens are not all sold, will they be burned to conserve the supply/demand price of 0,10 cent in ICO? and most importantly, what does the token add to your product that it currently lacks?
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Pff, i've been quite slammed with work recently and haven't been able to keep up to date about the developments of crom (or any other currency). I read they are/were in bangkok meeting potentiel future partners? Anybody able to loop me in about the developments of the last few days?
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As I understand it, Cromhub wants to make it easier for different branches to work together, for example publishers, agencies and marketing networks. Does Cromhub has already partnerships with their target audience? For example did publishers show interest in working with Cromhub?
(I am not talking about the partnerships that are previously posted in this thread)
i believe those partnerships they already announced, work with these publishers etc.. Those partnerships they announced, those companies get hired for certain marketing i believe.. and they will use CROM's token and platform to do their payment |
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i read on crom Twitteraccount, that the first 1m gets a 25% bonus. But I can see on the homepage at the ICO none of it. Has anyone ever invested and got the 25% bonus?
Oh I did not check in the website now. Earlier it was mentioned there I think. CROM team should sit this out at the earliest to avoid confusions. maybe they have already sold 1 million tokens and the bonus action is already over. That would be annoying if I had missed that. and like others, I still miss a counter or a progress bar. So you could also see how successful the bonus campaign was (if they are really sold to tokens already) i think it is not mentioned on purpose because the pre-sale went not as good as expected.. to display disappointing numbers it might scare of new potential investors. We offcourse know that the pre-sale probably was a bit of a setback due to the ethereum spike. However, new investors don't know the reason and just assume it is not a good project As far as I know pre-sale details are not communicated properly. everything here is just an assumption. I would prefer CROM team to come and clarify things for the sake of investors interest. That too as quick as possible to stop this negative discussions.. its not necessarily negative. Its simply realistic deduction. A project outlined and projected how the sales are going and where the bonusses are. Once after the first round of sales ends they decide to switch it up and offer another bonus, it indicates they need another motivator to increase sales (thus bonus). as mentioned before, due to the increase of ethereum they must have had this setback. There is no shame in acknowledging the facts and doing something about it. just like CROM now demonstrates by offering an extended bonus. It ain't rocket science |
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i read on crom Twitteraccount, that the first 1m gets a 25% bonus. But I can see on the homepage at the ICO none of it. Has anyone ever invested and got the 25% bonus?
Oh I did not check in the website now. Earlier it was mentioned there I think. CROM team should sit this out at the earliest to avoid confusions. maybe they have already sold 1 million tokens and the bonus action is already over. That would be annoying if I had missed that. and like others, I still miss a counter or a progress bar. So you could also see how successful the bonus campaign was (if they are really sold to tokens already) i think it is not mentioned on purpose because the pre-sale went not as good as expected.. to display disappointing numbers it might scare of new potential investors. We offcourse know that the pre-sale probably was a bit of a setback due to the ethereum spike. However, new investors don't know the reason and just assume it is not a good project |
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