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if you want to get involve in their project you really need to care about their product that is offering, to be wise enough to know if the project will be something good in the future we all need to study the whole project especially the product to know if the project will be enough to survive in any market situations and invest for a long term
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How much fund is raised up until now?
What will happen if softcap is not reached?
i think they almost got to Softcap, so we shouldn;t be worring about that! however they are ready to launch MVP soon and development is really going on FAST! they have been talking about releasing MVP for the past couple of days i really don't understand what the team is upto. they should endeavor to release their MVP Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it. I asked same question today, got a response that nothing yet has been made official by the team, well, i think we shouldn't get worked up about it because it was initially supposed to be release by the end of this month, so lets keep our fingers crossed, as they may release the MVP later, the month is almost over so i'm guessing it will be by December But in all honesty, an update from the team about the MVP will be really helpful. They promised to release it by the 15th which has long passed and no information was given as to why. The CEO said he was going to make an announcement some days back but till now, we've gotten nothing. maybe that is sure that MVP is really a good feature that the team is trying to build a big exchange that everyone will looking for, to build this such feature maybe they want a flawless exchange and they want to build a comprehensive and flawless technical features maybe that is why there is sort of delay for the releasing of their MVP |
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Against the background of the fact that now a lot of trading exchanges you need to stand out from the total number of competitors. I can offer you to distribute a certain amount of your coins among all your traders daily.
Nobody will show such type of activity because it is impossible to share their own coins, maybe they need to find different solutions in order to attract many people and customers. Now in the coming days we can see many new exchanges without any security they are launching them yes you are right! that is why i do keep on eye in this project since they have a lot to offer that will actually stand out from any other competitor, i just hope this project will continue developing even we are suffering a bad market situation |
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Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it.
True! Its already late a few month! Admin is saying it'll be released soon, but a exact date should be great rather then keeping community waiting everyday! they say "soon" for many days now. I do not like this stalling tactic, they're just supposed to say that it lasts x weeks. Then they would have more rest from the constant questions. i would like to believe the team are working to release the MVP and the delay was caused due to the current market situation because anything other than this reason is completely baseless yes, That's might be the reason! Since the market was going down for the last month, I've seen many of Projects has stopped their progress or has paused! Seems it's much harder to keep working under this tough conditions. But Its better if they can say an exact day for this! [/quote] paused not stop i guess, the team is still working for the development to release the MVP, we all heard that last week the team is planning to release the MVP but sad to say that they still dont have any further announcement on that, maybe there is some flaws in their MVP and its might become the problem if they dont resolve it right after they release it. In the other hand, its good to say that they still trying to get the best for the project so everything will work just fine |
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Well, I am confident that they will reach it but I was also confident that BTC wouldn't drop below 5k again. And here we are now. I don't wanna paint a bleak picture but raising funds in this extreme bear market can be hard. So maybe they could also work with the amount they got so far and don't have to refund in case they don't get the remaining 500k to reach the softcap.
No softcap - no project. This is the law. If the project reduces softcap - this is a sign of scam. Softcap is the MINIMUM amount of money, it cannot be reduced. if a project can not reach softcap then i don't think it deserves to continue its development because they will probably not make any impact on cryptocurrency market It depends I mean some projects just overshot their goals and expectations in this market so it’s a debatable issue but I think it’s one of those things that we hope will be successful but can’t always be the case I think a project can continue even if they do not reach the softcap. They can develop the project in parts until they can get a big investor who believes in their project. yes maybe you're right maybe there is a some kind of delay due to lack of funds since there still developing the project and its also good to continue this kind of project since they are making better and quality platform which everyone will look up to in the future |
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It's also a good chance and convenient way to every fiat user or investors that they can easily buy some ONAM tokens without having a problem on price decrease of our common altcoins that we use to make an investments.
Are they already acheived their softcap? I am very curious to hear this news. This will also provide some kind of relief for the small investors especially in this bad market. The last thing they published about that, is that they raised around 2 million USD. But that was already some time ago. Don't know if there is further information now. I think they do not have a live progress is because of the different currencies they are accepting; they mentioned something about having a live solution but not sure what happened with that. wow if its true then this project will sure continue until they finished developing the whole project, since the market is not recovered yet they find others ways to sustain the expenses using other currencies that investors can offer to make this project successful. |
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It's also a good chance and convenient way to every fiat user or investors that they can easily buy some ONAM tokens without having a problem on price decrease of our common altcoins that we use to make an investments.
Are they already acheived their softcap? I am very curious to hear this news. This will also provide some kind of relief for the small investors especially in this bad market. The last thing they published about that, is that they raised around 2 million USD. But that was already some time ago. Don't know if there is further information now. that was last week, they raised 2M usd, even in twitter still no further updates about their progress, maybe because of the current market situation, but still i am hoping that this project will continue and survive. |
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The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers It was a great decision of ONAM to also accept fiat (USD) at their sale and to convert their cryptos to fiat when they got them. Otherwise, their budget would shrink every day. It's also a good chance and convenient way to every fiat user or investors that they can easily buy some ONAM tokens without having a problem on price decrease of our common altcoins that we use to make an investments. you got the right point using fiat money for investing in the market to meet the required caps of the project but many of the investor most like in somewhere around the worlds its a fast way to invest is to use of the bitcoin, but still maybe back accounts or atm accounts will be use also for investing in the project, i dont know if the team still having an issue regarding for the funds turning to fiat since the market is on the bloody red |
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i guess every year have their own ATH of the price of the btc, it is hard to deal with someones predictions since everyone is trying to hold so tightly to get some maximum profit of the coin, If you think for the quick cash i guess you need to worry about the btc price and wait for a good time to sell, but if you can invest it for the long term like trying to get some profit after 5 years or so on, maybe you can get more profit by that. Bitcoin will not going somewhere like everyone says, still good to have some like holding some precious diamonds
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I think it’s best to talk to an admin ont wlegrqm if your having issue they are much more active on chats to help not so much on bitcointalk here , bitcointalk always a mess regardless of project
Exactly, Almost 3.9k user's are joined telegram. Onam admin are too much active on telegram and replying to users queries. That's cool. Its good and convincing to see users applauding community managers of specific projects. Telegram is one of the quickest ways to get answers to questions. Wow, almost 4k members is great. When I started following ONAM and joined the Telegram channel there were only 300 members. Despite the negative market trend, ONAM increases their community. 4k members but their followers in tweeter is so few, about 610?, i dont know why many members are not following the official tweeter account, many they have many members in telegram but still as a community they should follow them too to show their support and spread how good the project is. |
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It is really good the team is starting already with airdrop and bounties with the bounties. they should find a way to get airdrop and bounty hunter to see the advert and come in, without which it may not be effective. BTW how much of the total volume is allocated to bounty and airdrop? Airdrops and bounty campaigns are the surest way to gather community and take the business idea to a wider audience i would advise the team to create more form of campaign to reach larger audience I agree buddy, If they want to have more people that will going to support them they must have some good campaigns where they can attract them like some campaigns. Bounty campaign builds a community within a day or a week it depends on the project and the details of their campaign. If one project doesn't have a campaign, possibly they can lose some audience/participants of their project. Some of projects who has bounty campaigns are now successful projects so bounty campaigns has an opportunity that can build more members on their community. But at same time, they can be very disastrous to brands, yea they help in audience building but its a known fact that 90% of audience generated through such means are not investors, rather they are there to have a taste of what the freebie offers, after which they dump and head on to the next project and the cycle of dumping continues well, like my teacher said, selling coins in the market is not bad, dumping coins does, having an active volume in exchange is a sign of good coin that is actively being trade in exchange. As long as the investor know the whitepaper of this project and started to believe that this is worth something in the future there is no need to worried about the price of the coin at the early/1st exchange of the coin whether it is being dump by the hunters, still holding is a must |
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I really like your informations about these Onam and I saw your trading fees its very low. Some of trader wants a low-fee-exchange and onam is ok to that. I hope this platform will be popular and goes to the top of the most using exchange in the future. Goodluck to the team who make this platform!
Onam team already got nice promotions for the exchange. There’s a bounty on bounty0x and a few other promotions to get most traders aware of ONAM Exchange. I would like to see more of these promotion once they launch. They shouldn’t pause. The feeling is mutual. Due to the market state, I've noticed lots of projects are actually putting their bounties on halt, they should come up with a way to stay afloat please. That is sadly true. Some projects stop their bounty program or even the whole ICO. I'm glad that ONAM is continuing their ICO. It also would make absolutely no sense now to pause the ICO. They are really close to reaching their softcap and there is no guarantee that the market will recover in the near future. Agreed I honestly think pausing just kills the built momentum. I mean they have really came a long way and it is not a good time to pause things now. Well they did not mention anything about pausing so no reason to assume that lol. Yeah, There's really no reason for them to stop it now. The project is really good I hope it will really going to help them to get some new investors even at the current situation of the market. the project is good and the proposal seems promising since this project is competent to become on of the best trading platform in the future. I am sure that there is no reason to stop their bounty program since they are making a huge project, i hope they will not affected by the market situations for developing the project onward |
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I just checked their bounty on bounty0x and found a few members participating their bounty i dont know if some leaved or paused but the task is not so difficult to do where everyone can participate and easier to access, i love twitter campaigned the most, especially the owned tweet but there bounty are only 6 days left sad to say that i joined today, still 6 days is a not bad as long as i got some quality coin of this project rather than nothing.
I also participated in some Onam Bounty tasks through bounty0x. My submitted tweets are still pending, only the first one was accepted immediately. This is over 1 month ago. If you do not get something in return for your work, it's no fun. All those bounty sites that are taking over the campaigns for the ICOs are all overwhelmed. I think the projects should do the bounty campaigns by themself. That is the reason why I don't participate in those bounty campaigns anymore. You do the work and get no tokens for it. My tweets are also pending for weeks. for weeks?? i just submitted my work in the original tweet bounty i hope it will not last on pending for weeks since it almost 5 days left for all of the bounties at bounty0x site.I felt sad when i saw the campaign started a month ago and find this ANN and it gives me only 6 days for all the campaign. Its good to have their coin at least since it worth to hold in the future market situations |
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Just participated the airdrop campaign! Yes, an Airdrop is a must for a ico! But at the end I saw a link to the bounty campaign... Wondering why aren't they using another separated bitcointalk bounty thread for the bounty campaign!
An airdrop is helpful but it is not necessarily a must for ICOs, it helps create awareness but does not necessarily brings in investors. I think the bounty is a better option though. Just my personal opinion You're right, i never liked the airdrop thing nor bounties but i think the later is much more better because it has some sort of task attached to it that will help spread the word about the brand and not just the former that's like a freebie with nothing attached and a perfect guarantee for dumpers to do what they know best and mess up the project its good to have bounty or airdrop as long as the project still at the early phase of the project because in my experienced, coin is being dump buy most of the bounty hunters but in the good side those who are willing to invest more coins of the coin that is being dump buy others is a good sign to have an active market supply in the market, they also have the rights to sell their coin since they put some effort to get those coins participated from bounties and airdrop, if you know that the project is worth to hold it in the future so there is no need to worried about the market situation i guess. |
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Just participated the airdrop campaign! Yes, an Airdrop is a must for a ico! But at the end I saw a link to the bounty campaign... Wondering why aren't they using another separated bitcointalk bounty thread for the bounty campaign!
i guess there is no need to post another thread for their bounty campaign because as i check there bounty it lead me to their telegram, which is good also to avoid questions regarding to the bounty issues and question related to the bounty. Their telegram channel is also so active that all of the participants will be answer of the team or staff in their telegram channel, its also good in telegram to avoid spamming bounty question related here in their ANN thread |
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I really like your informations about these Onam and I saw your trading fees its very low. Some of trader wants a low-fee-exchange and onam is ok to that. I hope this platform will be popular and goes to the top of the most using exchange in the future. Goodluck to the team who make this platform!
Onam team already got nice promotions for the exchange. There’s a bounty on bounty0x and a few other promotions to get most traders aware of ONAM Exchange. I would like to see more of these promotion once they launch. They shouldn’t pause. Yeah, some of projects are just pausing their bounty that's why some of promoters are just leaving the project and some are continuing their bounty to gain more users. I just checked their bounty on bounty0x and found a few members participating their bounty i dont know if some leaved or paused but the task is not so difficult to do where everyone can participate and easier to access, i love twitter campaigned the most, especially the owned tweet but there bounty are only 6 days left sad to say that i joined today, still 6 days is a not bad as long as i got some quality coin of this project rather than nothing. |
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It is possible that this project will be able to achieve its goal of raising funds, although on the website I did not see how the fundraising was going.
But I feel the ico came at a wrong time where everyone is watching the market to see what happens next. Only a few are paying attention to ico projects and what they are going to solve. If the market becomes stable a lot of investors will surely invest in minedblock. the market is currently falling and most investors would not want to put their funds until they are sure it gonna pay, i would advise the team to do more publicity. i guess the market situation is not to worried about since the market is going to stable soon. In my opinion mining is a best way to earn passively no matter what the market situation we are now facing, mining is a good alternative to gain some coin. Maybe the market is in not a good shape but soon as the project goes on to their development, i am sure there is more investor will check this project since their coin worth and profitable |
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I just saw on their website which is really great that "ONAM Matching Engine can handle over 10M transactions per second with latencies as low as 40 nano-seconds."
Wow. That is super fast. What technology will they be using to implement this. 10 million transaction is really really large which means that the exchange will be very fast and users can be able to lock trades in less that 3 seconds. there feature will help them to know as the one of the best exchange in the future, with a 10 million transaction could be so fast that all of the all day trader love to be part of this exchange. Lets wait for another good updates regarding to the progress and development of this project. i just cant wait to test it for myself how fast it is  |
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It’s good that they realize they really need to get as much attention as possible early word of mouth and a quality solid platform arewhat matter early on to drive things forward
yeah, they should ensure they get to a lot of people as much as possible, doing so will create a chain reaction that will ensure people get to know of the project and what it is all about i guess getting much people is not to worry about the team because their project is something that most of the investor will look up too. Soon the all the feature runs smoothly and find no error during those test all of the big investor will came in their platform to test it for themselves and if those feature impresses them they will recommend it to others too. |
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It depends if they are using ASICS then yes btc is normally best but if they go the gpu route they get a lot more flexibility of their target coins and some of those can be more profitable than asic ones
yeah, it all depends on the team i would suggest they take the GPU route because no one is certain about the direction of the market and mining more than one coin can be very profitable. In the whitepaper page 5 , they said that they have ASICS and custom GPU for mining, and its already tested in United Kingdom. They said that they will build a mining farm for Bitcoin and bitcoin cash first. Also they will keep monitoring to their mining activities , and they will look for good alternative cryptocurrency to increase profitable. maybe in the future as the project develop the project will consider to mine other coin aside for the top 50 coin only, we all know that top 50 coins in the market seems stable in the market and hope all of this coin continue till 5 or 6 year in the future. For this, the investor have a lot of choices to mine in their dashboard aside from the top 50 so they can maximize their profit in any market situation whenever the marke is in bull or bear market |
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