Actually I think that it was more around $0.55. It depended on your bonus/currency used... What was the ico price of MGO token? Can anyone tell me.
Though something around $0.72 |
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True, but exchanges bring liquidity to the table. Honestly I doubt that Kraken would delist ICN but it sure is an interesting time in crypto at the moment. If Kraken delist ICN, dont forget that Iconomi is placing its own fiat gateway on the platform
So can we conclude that Iconomi can provide to be an exchanger on its own in the future for Iconomi tokens ?
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Good development takes time. I think that having a bunch of language packages already is a lot of development. Also, getting on Ledger is a huge deal and I think that it is just the first step of many more for this team. It is summer time, the perfect time for development  I'd like to finally see something substanial developmentwise, other than uninteresting AMAs, contests and flashy slacks gifs tbh. Otherwise the price will never increase really. Because slowly I begin thinking about selling my already 6 digit ARK.
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lol, they just announced that the mobile store is going live on the 10th and that they will couple that with a big marketing campaign. I wouldn't call that they don't care about anything anymore... if you raised 53 million in the blink of an eye then you probably wouldnt care about anything anymore either. when jack dodged all the bittrexx questions during the last live stream i knew we were all in for some shit
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Did you guys read the SEC report? Do you think that this will cause problems for ICN? Especially in connection with Kraken?
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Is it just me or does this smell like a ponzi? What the post is saying that new ICOs will give value to MNY or am I reading this wrong? |
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Ok, thanks. Looking forward to this project because I think it could really be big! Campaign will be changed, watch that area of the forums for it. Guys please do not talk about bounties here. It will get this thread locked too.
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Ah, ok. I thought that they will have a standalone wallet. As for the mode of payment, I would prefer that I can set my own amount when they send it out, like for example with Google adsense where you can set a goal amount that has to be reached in order to receive payment... I think that sending the dividends to the peoples Tenx accounts would be a much better option because that wouldn't cost them anything in gas or fees. Is there a date when the first dividends will be sent out? Will this be done monthly or quarterly?
Well, your TenX "account" is your ETH account. So, technically, they are doing just that. TenX is an ERC20 token. On the Ethereum blockchain. Even if they do their own standalone wallet, it would still be backended by the Ethereum blockchain. Payments monthly to start with, but their aim is to increase frequency over time. Going as rapidly as hourly. As a smaller investor, if they are sending ETH over the blockchain, I would like the option to either: a) Delay my payment until there is enough there to make it worth sending and/or b) Choose the "speed" at which I get my payment. ie - the gas used. As a small investor, small, frequent payments, where I incur the gas cost, are the worst possible model. |
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I agree. If ICNX launches on a low point then that just means a higher upside for investors which means more happiness amongst investors when the market corrects... This is definetly a good time to launch ICNX. them ICONOMI batty bois could have chosen a different date to lauch the fucking platform. 1st of August is a bad bad bad choice. Just saying...... @Jani...  launching when this is happening to bitcorn:  might not be the best idea..... You guys are looking at this wrong. Aug 1st was chosen by the Iconomi team FOR the specific reason of market uncertainty.Market uncertainty has suppressed the market. ICNX going public while markets are at lows (relatively speaking, of course) means higher returns for ICNX/ICNPs/etc investors because they're getting access at market lows and that rebound will be viewed favorably and included/reflected in performance results. There's no better time to launch than at the bottom. None. |
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The date doesn't matter. Iconomi will launch and they will start getting more investments and that will drive the price up. That's it them ICONOMI batty bois could have chosen a different date to lauch the fucking platform. 1st of August is a bad bad bad choice. Just saying...... @Jani... |
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I think that sending the dividends to the peoples Tenx accounts would be a much better option because that wouldn't cost them anything in gas or fees. Is there a date when the first dividends will be sent out? Will this be done monthly or quarterly? So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain? Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...
I get your point, but I like the dividend model more. The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless. But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback. No. Payouts are in ETH. And will be sent to the holders ETH address. Which was the one they sent the TenX tokens to. They can just use really low gas to send the payments. They'll be regular and at whatever frequency they end up settling on. To me, it doesn't need to be a high gas/speed transaction. I suspect most token holders will feel the same. Why wouldn't they? As you say, high gas will just eat into the payout. Where does it say that they will send the ETH payout to you? Before the ico they said that you'll be able to COLLECT your payout when you feel it makes sense, considering the gas costs which YOU will have to pay, not them. I asked the team on their Slack channel. That's what they told me. I didn't specifically ask if payouts were sent or collected. But their response (exchanges will get the ETH for tokens held there) definitely implied automatic distribution of payouts. With payout frequency increasing over time as they get more of the system up and running smoothly. But I'm in agreement with you. Whatever gets paid out, needs to be set up in such a way to minimise the gas hit on the payout. Especially for smaller holders. Like me! |
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Meh, I am in a ton of projects and if I would be checking the slack of each of them then I probably wouldn't have time to do anything else for the whole day... So what is the hard cap here? Is there even a hard cap?
Also, whats with these Spacex contracts? How will you guys have access to them?
Dev more active at slack, i think its better if you ask a question at slack, since they are not active here please check and talk at slack mate. |
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Whats with all the fudders in this thread? Are people trying to load up on more cheap MGO before this explodes? The tech is good, the money is there, the plan is there... This is going to be great for anyone who isn't thinking in terms of day trading Whether MGO will not enter bittrex? I am sorry to see investors who want to invest their money in this project, they are very irresponsible, when they managed to raise funds of $ 53 million
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So they will deposit the dividends directly into our Tenx account and not send them through the ETH blockchain? Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token...
I get your point, but I like the dividend model more. The PAY token accumulates ETH on the same address, and you can transfer & spend that ETH directly through your TenX card. No need to sell any of your PAY tokens, you always keep your initial investment without thinking. If you want to sell, you can always sell, the price will rise nonetheless. But there are alternatives if you don't like the design of the PAY token. You could buy the tokens of TenX´s competitors, I think they all use some kind of buyback. |
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Thanks, found it! A bit over 12k eth raised, not bad, but you will need much much more to get a billion jobs. Do you have any more marketing campaigns set for the final days of this ICO? So I have joined the signature campaign and will also probably invest some money into this ICO. What I would like to know is where we can see how much money has been invested in either of the tokens?
You can stop by the website https://neverdie.com there you will find the totals near the top of the home page and the wallet addresses near the bottom. |
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So what is the hard cap here? Is there even a hard cap?
Also, whats with these Spacex contracts? How will you guys have access to them?
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So what is the best chanel to follow dev updates for santiment? Will they post in this thread or do I need to follow them on twitter/reddit?
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Honestly I would prefer to see buybacks because there will be a ton of money spent on tx fees for sending dividends to thousands of token holders. That is just wasted money that could be used for buybacks and the increase of value of the token... I just read the whitepaper, but I don't really understand it.
I hope someone is willing to explain me. How can I benefit from holding PAY tokens?
0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around. Forumal for calculation of annual reward (((full transaction volume)*0.005)/205,218,256) = annual reward per token Are those fees paid out as a dividend or paid out in the form of a buy back? Because as far as I understand there are many legal issues involved with a dividend but a buy back is easier. dividend. They are in Singapur, if they are using the dividend model is because they investigated on the matter. You don't have to worry, let the TENX team deal with the adversities. |
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So I have joined the signature campaign and will also probably invest some money into this ICO. What I would like to know is where we can see how much money has been invested in either of the tokens?
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It is just a shame that their support is amongst the worst in the business... I hope that ICN gets added to a few more exchanges. I've started trading on Kraken a few months back and made great profits on XRP, BTC, ETH and now ICN. They've got a limited number of currency pairs, but really have an eye for the great ones |
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