I was thinking about the KYC on this project and the targeted demographic. I keep seeing the term "unbanked" being used a lot. My concern is, KYC requires not only identification but also proof of residency. The proof of residency requires a utility bill in the party's name with a matching address.... See where I'm going with this? Most utility companies require some form of debit or credit or pay a large deposit. I think a lot of your target audience will not be able to pass KYC because they probably don't have utilities turned on on their name. Might want to think of offering a solution ahead of time, before this becomes an issue. Otherwise, you might find yourself making a lot of refunds.
In case of our KYC, the sufficient proof of residency is an ID or Passport with your address. The uploading of another document is only optional - you do not have to do it. Also - very important is to state the fact, that we have two target groups - unbanked people and crypto community. Most of the unbanked people do not have any crypto and also don't want to have anything with it or just don't have any/enough information about it. So we are don't really expecting them to participate in the TGE. They are an important segment of the final product - ALAX app store. And they do not need to have any crypto to be able to use it (that is part of the reason why we have two tokens). I just have 2 types of passport in my country. national and international. And only in national I have my adress. But its non english. its ok? You still need probably any document with your physical address. I am not sure if non-english pass will go. If the devs have some people for that so it may fit. This question is very actual - if a person has nowhere to take documents in English, what should he do? There should be opportunity accept documents in other languages too. |
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Cryptoflix will be successful in countries where people buy content and are ready to spend their money for digital entertainment
In countries where audience use torrents and isn't punished for that - no
Just mu opinion
I guess time will come that anti piracy laws will be enforced strictly on most countries so that people will be encourage to use this platform instead.Imho. I think that the platform would work good in developed countries, because people can afford to pay for such services and sometimes because in such countries it's prohibited to use torrents. If the price/quality ration will be good and content will include new movies, I don't see a problem. Yes, but their main goal is to get people in undeveloped countries Mostly bankless people. So it would be hard to convince them to spend their little money for cryptoflix. I think in successful countries there are many alternatives such as satellite, cable TV, or Internet smart TV - so the best will master the countries where all these technologies have not yet reached. |
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It’s nice of the ehf team participate to another event, especially a forum about ico in Russia. It will continue to increase the visibility of ehf on the market and create some hype, it’s an important part of the communication management.
Maybe they will be able to come in contact with some new investors or make some new interesting contact/partnership. Anyway let's what is coming out of it They've shown a great marketing progress and there are still around 2 months before the ICO. It will be a very great timing if the bullrun market is ongoing when the ICO starts. that's my thinking as well. by the time the ICO starts, so will the bull run which would benefit the project greatly. Bull market can surely help icos, yes, but ultimately i believe tjat what counts it's havimg a clear and well defined project to propose to the investors. Giving an image of seriousness and showing good project planning is essential to attract investors. I also like projects that present their product at various crypto conferences and events! Thus, the project deserves more confidence from investors. |
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20 days left for pre-ico and it seems market is recovering.
Timing looks good for ehealth first.
If the market will stay in the current condition it will be perfect for eHealth. I also believe that the market has reached its Golden mean. And now we can safely invest without worrying about their finances. Although a small disturbance can persist! Predicting the exact behavior of the crypto market is impossible - the wishes of the majority are not always realized. |
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Before i will buy this, just one quick question about the kyc... Is national ID ok or should it be a passport? And what kind of proof of residence should i provide if i don't get any utility bills, bank statements energy provider bills to my address?
Depends on where are you from. So far it seems that the KYC software can read only latin characters. Passports always have everything written in Latin characters as well but if you have an ID with Latin characters it should be sufficient.  I am from Finland and my address doesn't show up on my national id. Would you accept a scan from our government branch that administers and provides social security benefits for all residents, that contains my address? I also care about this question, lately it has become increasingly difficult to complete KYC procedure. In qryptos exchange I can not pass verification within a month, and this upsets me. |
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Hey everybody,
Once again thanks for your continued support. I have been following your discussions with great interest.
A few remarks:
1. The team is still the same as it was- We have added a few new faces since we started, but the core team is the same and will remain this way.
2. About a second token - We are only doing ONE public token - the FLIX token, which will be used as payment on the CryptoFlix Platform and which can also be used to invest in films on the CryptoFlix Film Market Place.
The way that we see the investment on the Film Market Place, is that the FLIX tokens are vested as a security for the investment and we will then issue an INTERNAL USD pegged token for each project. This is because filmmakers need FIAT to pay for the production and they will likely not take on a further risk of having to pay the term sheet yield in FLIX because of the volatility.
So when the investment recoups the income, the FLIX tokens will be released gradually and at the end there will be a USD pegged yield as projected in the term sheet. Meanwhile the FLIX token holder keeps all his FLIX tokens which will be released 100% when the investment is recouped.
I hope this helps. Keep up your support for the project - not long until the ICO now.
Best and have a great weekend guys,
Christian
Hi Christian, first of all I would like to thank you about considering the community in here almost everyday, feeding with updates, articles etc. and secondly you cleared almost every question mark that occurs in this thread. I agree, Christian excellent community manager, he does his job well - all questions have answers. This certainly increases the level of confidence in the project as a whole. |
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Its a good news for the project, but for me I don't want to use YoBit because of some service issues. And also there are a bunch of exchanges that are way better than them. Hope they will be listed on one of those in the near future!  At least Yobit has been around for a long time. People know it and many already have an account there. Yobit is better. This exchange already exist for a longer time and the user interface is very friendly. Wish alax will be listed on more and better exchanger soon. In my opinion, at this time - Kucoin the best exchange for new ICO projects. I hope ALAX team can do everything possible and will get this listing too. |
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Good afternoon! I have a question for you- how can I use tokens in real life? Can you briefly explain me?
You can pay for movies on the Cryptoflix platform solely with the token. There will be another token that allows you to fund movie projects. why would there need to be another token. can't you use the same one for the fundraiser? i dont understand this too. why are they developing 2 different tokens? one for real usage and the other one just for fundraising? why should someone buy the fundraising token then, if there is no real usage??? I thought there was just one. I haven't read anything about two tokens, is there any news about this. For what purpose will there be two tokens? Usually this is done in the event that one token is utilitarian, the second is a token to receive dividends. We need an explanation from the development team. Is this something new? Or was it just a misconception because it's nowhere said in the whitepaper about a 2nd token, only FLIX tokens are mentioned. Perhaps 1 token will be for purchase with fiat in the site, and another with crypto? where did you see this announcement? |
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---
C. Another FAQ from you is the question about funds raised during the Private Placement.
So EHF received over $800 000, mostly as a funds that would be invested after successful Pre-ICO in MVP Development and ICO, Round 1, marketing.
Negotiations with several more investors are continuing.
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Thank you!
Kind Wishes,
Nickolay Kryuchkov
CEO
Here you go, a message from devs from couple of days ago. I deleted all other information but this. $800 000 it is. Well 800k is a good start, of course they need much more, but still. It looks like crypto market has begun to stabilize, 800k at such a time is good money. I think during ICO they can raise Soft cap = 8000 eth. |
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I can get 20% bonus If i invest in 1st day? 10% for early bird and 10% for investing in Decent coins? Or just 10% max in any way?
You can combine both bonuses and get 20% Right now price for 1 eth = 10k tokens. This is with bonus in 10% or without bonuses?Because for 1 DCT = 13.52 ALX and this include 10% bonus. But in ETH, BTC are not indicated...  I think 1 eth = 10k tokens doesn't include the 10% yet. And don't forget, 10% will be applied to this round only but if we use dct, no matter at what round we will participate, we still get the bonus. Yes. The bonuses are not included in the exchange rates. It would be probably better to have them there, right? We will look into it and add them there I got interested in this token. From what is written above, I realized that 1eth = 11,000 tokens in the first round? Unsold tokens will be distributed among investors or not? I like projects that do not offer big bonuses of 50-80%, such bonuses can greatly dump the price after ICO. 20% it's seems like good discount, which will not affect pricing in a significant way. |
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