I think this is the best project ranking on its quick adoption. More partners trying to get in. Each day there’s an exciting announcement of adoption in a different industry. What do you think would come next?
Their listing on bitmax and release of their public testnet came out at the right time. They have kept to their word about giving us good updates. |
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When do we get to see COVA on CoinMarketCap?
I think a lot more people need to know about the project. CoinMarketCap would do just that as well as getting listed.
Always this impatience, as soon as a project announces the next step, some already want to experience the next step afterwards. I would say, we wait for the listings and if there is enough trading volume, CMC comes all by itself. Lol. They are not even listed yet and people are already asking for coinmarketcap listing. Patience is a virtue. Watch this project grow rather than thinking of cashing out. |
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Cloud mining from home or remotely seems like a sweet deal. I have tried most of these platforms before, is there like a minimum system requirement each user is supposed to have before taking part in the mining?
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It's really impressive how many partnerships they managed to secure during the last couple of weeks. And all this despite the fact that the tokens aren't tradeable yet and the project is more long-term orientated. Getting into partnerships is crucial for any successful projects. COVA is exceptional in that. Its defintiely on the success track. That's three partnerships in like two weeks. They now have partners from the exchange, AI, and enterprise industry and i am sure more will be on the way. |
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In the last AMA of Covalent you had the chance to win 1000 COVA tokens. Does anyone know if this will be the case for this AMA, too?
Same question I have been asking too. I hope they do give a bonus though. Since this would be a special bounty with their new partners. |
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Its boring in the market and to see always red. I should take a break for this purpose. COVA should be having some strategy to overcome this market conditions.
I expected the dip. We saw a huge market pump early this year, it’s only natural to meet a dip like we found ourselves in today. But I think you hit the bottom already. The dip that we are seeing is not natural. Its caused by some whales. Not sure what the plans are exactly. But waiting for big.. Actually there is a conspiracy theory that the dip is caused by a some high people who are trying to surpress the price and not actually trying to make money out of it. |
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I just went through the AMA answers. Did I understand it correctly that they will have two separate blockchains/tokens. One on the Ethereum blockchain and another blockchain, the so-called CovaChain to store data? So I assume all the token holders of ERC-20 COVA tokens will get coins on the CovaChain, too?
Yes and in addition to that they seem to cover everywhere aside medicals with their blockchain technology proving for the technology to have really a wide use cases I don't think they would have a token on the cova chain. But the cova token will be an ERC-20 token that is it will be hosted on the Ethereum blockchain. |
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Very valid questions asked here, unfortunately, I didn't participate due to my schedule but I hope they organize new AMA from time to time, it's going to promote interaction between teams. Yea, I hope another of such do come around again though because I missed this one. Another interesting thing is the fact that these winners will be rewarded for asking brilliant questions. Yeah. I hope so too. I have some questions to ask but I think I will wait till they do another AMA session like this. I really wished I participated as I saw as it was happening |
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Saw on their twitter that they are preparing on releasing the public testnet and also something about making the project open sourced.
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Its boring in the market and to see always red. I should take a break for this purpose. COVA should be having some strategy to overcome this market conditions.
I expected the dip. We saw a huge market pump early this year, it’s only natural to meet a dip like we found ourselves in today. But I think you hit the bottom already. Everyone is waiting for btc to hit 3k before they can begin yo call bottom but based on what I have seen everywhere bottom is still far. |
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A riskless investment I just see this as a marketing tool and no more than that, all Developers certainly say their products are the best and hope that there are investors who might invest, this is nothing special
Yeah. It is nothing special. Just a project trying to get people to invest in their idea and help move the project to the next level. Surely this is just marketing and who knows they might stay through to their words. |
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for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover
I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting. i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019 I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting. |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please  I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project Terrible times I mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction. Now is the time to be greedy like Warren Buffet will say If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon It seems so. Now that we have almost reach the bottom, next year will be a good year in blockchain. Our only hope is this shouldn't be the last of crypto. |
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With the project moving along how it has been I wonder when we can expect to see some traction on the investment front from adoption of will 2019 be the year
I got a reply from the team on telegram, and they seem to have amazing Announcement about their product by 2019. 2019 would certainly be a good year for most project and Blockchain technology adoption. We hope so. Many projects have seen it tough this year and the ones that have managed to survive are really good projects. |
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A couple of new announcements from Covalent team, most of which I find exciting and a relief to much asked questions like the tokenomics. The on a popular ICO review website, ICODROPS, you can find details of COVA tokens. Also, No Public Sales. Really?
Yes, that's correct. They don't have plans to hold a public sale due to regulatory concerns. The only way now to get tokens is to buy them on Huobi once COVA got listed there. Because both the Airdrop and the private sale are already over and the only other way you could've gotten tokens was when voting for Cova to get listed on Huobi. Nice update, but selling the token through the Huobi exchange, how will it be done? Will it be sold through COVA's own personal account? Seeing that there is no public ssle and it's not logical that people who acquired through private sale will sell this early. They are not selling tokens through Huobi! The tokens you'll be able to buy there are from private-sale or airdrop participants or from people who got them for voting. The team is NOT selling their devs token on Huobi. Now, this is confusing, definitely, the team must have had a certain percentage of token up for sale, let us say they managed to sell all of it during the private sale, what is the guarantee that those who bought during private sale will be willing to sell off so soon? You can find the number of tokens they sold in the private sale here ( https://medium.com/@covatoken/cova-token-metrics-992a4de20755). And about your concerns that people might not be willing to sell their tokens 'so soon' .... then the price they got offered for their tokens is probably to low. You can transfer this 'problem' you are worried about to any other token sale. But the fact is that most people are in for a quick profit, so they bought the tokens to sell them for profit, not to hold them forever. First, thanks for the link. Also, definitely some people are not in to hold forever but for a project with a use case such as COVA's, I would not expect people to sell off as soon as it hits the exchange. Considering what can be done with the token. We have to be realistic here. I am not sure the tokens are held by any kind of persons but institutional investors who really believes in seeing the project gets to the world. |
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With the latest SEC attention drawn towards ico both in and out of thw US how do they tend to defend the no risk free investment policy?
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Currently, there is a risk in everything, especially in the area of investments, when there are many scammers around. You need to check everything carefully before investing.
Yes, this is a fully correct answer to the situation today. But you understand that in general, of course, investing in cryptocurrency is always a risk and there can always be any risk. So try not to indulge. There are plenty reasons why investing in crypto currency is a risk that's why it is advisable to invest in any ico with the money you can afford to let go. |
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In this market people promise a lot of things but they do not work as promised. This is a decentralized market so we can not do anything about the founders. I do not believe this. Many fraudsters lure investors with this word.
yeah agree on you, many project and people used this kind of stuff to invest a lot of investor and turn it to be a scam, but i dont think tachain will do this kind of things since many people are still speculating their project. I've experienced these key things in the projects that I joined especially with the ICOs. Sometimes they extended their ICO because they did not reach their softcap even though they promised the date was not fulfilled and they continued extending the extend. Sure. This year we saw a lot of ico extend their token sale period, I even doubt if many projects reached their targets. It is a normal thing. It becomes a problem when the ico extends it for over a long period. |
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I'm so excited that COVA has successfully earned a listing on Huobi through their competition program. This is a massive step forward for COVA, this will really help them establish themselves as a top blockchain project. Access to hundreds of thousands of users and millions of $ worth of volume.
I hope the listing will take place soon. I really want to buy tokens as early (and as cheap) as possible. I think in a few years I can benefit greatly from it I tell people now is the time to get on the train and buy some very good project and keep for the future But unfortunately I don't think people are willing to heed the call they are not ready, because they are not sure, what is happening in cryptoindustry There were many projects, that were disappointing so, now you need to be careful about everything But it's a very good thing that people are now more careful about everything. People investing blindless in anything that was associated with crypto during the peak of the ICO hype, let to so much fraud (Bitconnect, Centra, Envion ...) I could go on with this list but I am sure you get the idea. Yea, sometimes bad things happen for a reason, the coming in of scammers has made a lot of investors become weary and understand the need to conduct research on the project they intend to invest and same time, it has also made the coming in of good projects possible, so it goes both ways but what we all want to see is a vibrant industry We need more to be wise and smart when it really comes to investments. Just choose the best project that we will see and make some more research about it. I think more people like cova more specially it's really having some good developments since their first announcements. Yeah. They have really gone far with the development and at this point, they have reached a level in which the market can't have any impact on their progress. |
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Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices. Fact is not all project is going to bounce back trust me. A lot of projects are already closing shop, anyone that survives is here to stay for life This period is really making a lot of ICO go away and give up on their project only those who really believe that they can pull through are staying. |
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