Construction Schedule Update: Batch 3 & 4
We have completed the first Giga Pod associated with Batch 3. When this pod receives final electrical inspection approval, Giga Watt will issue the first 1.2M WTT tokens to Batch 3 holders. This should happen within two weeks.
I got a mail! Batch 3 holders get WTT tokens within two weeks  Yesss!!! FINALLY! News from Giga-Watt! I guess everyone got the email this time. Thanks to GW for finally informing their custumors. I wish us all good luck... So I am in Batch 4 and will have a delay of 2 Months I guess, that hurts... but bether than nothing. The question is: How are we getting compensated for our losses? My miner should be in hands of GigaWatt or arrive shortly. What is going to happen with it? (Have the feelin Jihan Wu´s Bitmain mined with it for months before bringing it on the market for sale. Now it is gonna be used for `testing`purposes by Giga-Watt  by the time I finally see some crypto, probably the whole cryptocraze is gonna be over  ) I'm a batch 4 holder as well, and another 2 month delay is depressing. Three-to-four months of lost mining time hurts a hell of a lot more than the slightly cheaper electricity costs of having GigaWatt run the miners for me as opposed to just hosting them locally. And don't forget, their newest 8-10 weeks delay for batch 4 is still an estimate, and will be pushed back even further due to more unforseen issues and regulation. Count on it. I just hope I can get up and running before the ETH ice age hits, hah. |
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Here is an update from SLACK on the situation with exchanges and token unlocking:
"We are talking to exchanges now. They have requested documents and we have provided them (business plan, team background, smart contract audits info, etc). Exchanges (unsurprisingly) recently increased the level scutiny they put into each listing, presumably because of statements made by several governments around the world. This is where we're at. If I could simply call them on the phone and say "hey, could you work a little faster", I would (but I don't think it would help). Additionally, because we are in the middle of the process, exchanges would likely be unhappy with us unlocking the tokens earlier than we said we would just because we became impatient. This is one of the reasons we allocated "2-4 weeks"; we are not in complete control of the timing.
We are actively trying to get this listed on a reputable exchange. Please have some patience. We will keep everyone updated as soon as we hear something more concrete from them."
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Do you guys remember the ICO price? MCI/ETH I mean
During the crowdsale, the price was 1 MCI = 0.00070592 ETH |
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Two questions:
1. When is it planned to trade on Bittrex?
2. Could you please be so kind to clarify, how Musiconomi Tokens will connect to MusicCoin?
A lot of people, me including, don't understand this at all.
1. We are currently in talks with exchanges. I'm not allowed to name which ones, but you can probably make educated guesses based on which exchanges previous Cofoundit projects have launched on. That being said, the exchanges are being very cautious right now thanks to the recent SEC ruling and China debacle, so new token additions are taking longer than normal across the board. 2. Musiconomi tokens (MCI) will not have any connection to Musicoin (MUSIC). Our team is originally from the Musicoin project, and launched the Musiconomi project as the next step towards what the music industry really needs. Since most of the core team members came from that project the values and philosophy remains the same. Originally we were going to use the MUSIC blockchain as the host chain for the MCI token, but decided that we needed a more mature chain to get things kicked off on right now, so are launching on the ETH chain. We may re-evaluate this decision in the future as the MUSIC foundation grows and as other competing chains become viable, as we aren't married to any particular chain and will strive to do what is best for the platform and industry as a whole. I hope that sheds a little more light on the subject.  |
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The price of this token would have also dumped greatly by now, hardly will one find a project that didn't suffer a great deep in price this last weekend. I will like to ask what is the ICO price of this token
During the crowdsale, the price of one MCI came out to about $0.24 |
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That's an awesome project! are u going to have an additional issue?
We have a portion of tokens set aside for future funding, but we don't plan on selling them until the funds are actually needed, probably a few years down the road. However, MCI tokens should be coming to an exchange near you in the next couple weeks so you can pick some up there if you are interested in the project! |
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Official Update: Crowdsale Stats https://medium.com/musiconomi/musiconomi-crowdsale-stats-edad9a716f51Also, here's the official word on the tokens: The token will unlock as soon as an exchange is confirming it's listed, or maximum at block 4342900 (this is hard coded max in the contract). The MCI and CFI teams are both working together on confirming with exchanges right now, so we hope to be able to manually unlock it earlier than the contract date. And no Im not allowed to say which exchanges, sorry. |
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Can someone explain on short what is the main difference between Musiconomi and Viberate?
Thanks
Viberate is focused only on live events: "Viberate is a crowdsourced live music ecosystem and a blockchain-based marketplace where we're matching musicians with event organizers." Musiconomi is handling the other 95% of Music-related verticals |
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Lots of money flowing in already, "success threshold" reached by far  Looks like it might not even make it to the public phase of the crowdsale! Another smashing success from Cofoundit! |
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ETH mining rewards are going down my 18.5% tomorrow... should be interesting to see how this affects things like MUSIC
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Slack link doesn't even work on your website???
"This invite link is no longer active.
Please check with the person who shared it with you to see if there's a new link available."
Sorry about that. Cofoundit advised us to disable the link leading up to the crowdsale to avoid scammers. It sucks, but that's the way it is. We'll get a notice up for when the link is clicked from our official site in the mean time. |
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Is there a way to make sure we are on the Musiconomi email list (for the pre-sale)?
We sent out an email shortly after the community signup window ended with a link to a short form where you included your ETH address (for the whitelist) and the amount you were thinking of contributing. If you didn't get that email and sign up for the white list, then you were too late to the party. If that is the case you will either have to sign up for the CFI Priority Pass or wait until (if?) it reaches the public phase. |
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when will Musiconomi pre-sell start , looks like we have to wait for more information about this token project
Pre-sale starts August 29th. Public sale opens August 31st. Where can I subscribe for the pre-sale?
Could you provide a link?
The pre- sale community white list has already closed so you need to become part of the Cofoundit Priority Pass program to get in to the pre-sale that way. - https://priority.cofound.it/ |
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intresting , im just listeners its possible im got rewads on there ?
or its only artist ?
According to the article... "Promoters (casual listeners, die-hard fans, or just users seeking new talent) will be able to use MCI tokens to generate a referral link... Each time a user plays the track using the embedded player (or via referal link), the original promoter receives a small reward" This means that as long as you have MCI tokens, you can can use them to promote tracks you like and get a small percentage of any sharing reward the artist has set. So yes, as a listener you can get rewards as long as you have MCI to use for some of the cool features we will be building! |
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