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461  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 06:11:12 PM
Guys, we are looking for a Chinese promotion partner for Inchain ICO. If you know someone please let me know.
462  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 06:00:19 PM
Do you consider those with change in rank at the early stage of campaign to be considered for bounty up the rank? It will be demeaning to earn less than in ones colleagues.kindly consider.

Thank you. We will consider rank changing every week and result amount of shares will be calculated depends on when rank was increased.
463  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 12:57:51 PM
Guys

We are exploring the options and have not made any decisions yet.
Feel free to make your proposals.
Obviously there are pros and cons for every jurisdiction.
More details a bit later...
One option to look into could be a danish K/S. Its similar to a UK LLP in many ways.

The liable partner is usually set up to be a limited liability company, so no one is personally liable.

It is not taxable in Denmark, meaning that all token holders will be responsible for for reporting it in their home country. That way double taxation is avoided and there will be less administrative duties for Inchain.

Owners with less than 5% share are not required to be registered. The easiest way of doing this would be to whitelist addresses with more than 5% of the tokens before allowing them to vote. That way you can choose to register or split your tokens in to multiple addresses and stay anonymous.

Of course you would still need to submit annual reports and so on but it might be worth looking it to.

Many thanks. It's really  valuable info. I'll forward it to Adam.
464  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 12:56:26 PM
Guys, we are looking for a Chinese promotion partner for Inchain. If you know someone please let me know.

Focus on your ico first, I doubt the ico will continue, don't focus on the market now, legal issue is the priority.

I did mean partnership for promoting Inchain to attract Chinese investors.
465  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 10:50:37 AM
Guys, we are looking for a Chinese promotion partner for Inchain. If you know someone please let me know.
466  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 10:43:48 AM
Sir, my rank is MEMBER now, update please. Thanks.

Done
467  Local / Альтернативные криптовалюты / Re: [ANN][ICO] Inchain - страхование для криптоэкономики on: October 13, 2016, 08:40:33 AM
Думаю, страхование будет очень скудненько собирать, еслиб даже не совпало с другими ICO. Как то много НО в этой всей теме.
Слов много, конкретики мало. Очень много всего ещё не продумано.

Мы уже начали готовить FAQ. Планирую к началу след. недели опубликовать.

Давайте сформулируем список наиболее непонятных и не продуманных вопросов для проработки и описания. Мы сведем их все в одном месте, проработаем и опишем.
Готовы озвучить наиболее актуальные для вас вопросы/непродуманные места?
468  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 08:37:00 AM
hi all, im member now Wink

Congrat!
469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 13, 2016, 08:36:23 AM

I don't want reveal who was the "exchange". But you can guess  Wink

Man, Bittrex is a death sentence. Recent ICOs that Bittrex adds afterwards ALL GO UNDER ICO PRICE.

Go straight to Poloniex or at least the Chinese exchanges. I'm warning you.

For now we are working with exchanges to set up clear rules for the cases if they will be hacked. It needs for the clear insurance process.
470  Local / Альтернативные криптовалюты / Re: [ANN][ICO] Inchain - страхование для криптоэкономики on: October 13, 2016, 08:29:59 AM
Не переносить мы не могли. Когда начали работать с юристом и проанализировали всю имеющуюся информацию по legal аспекту поняли что:
1) никакой регуляции для блокчейн экономики вообще нет
2) никаких успешных legal прецедентов нет
3) предсказать как могут развиваться события с регуляторами невозможно

Поэтому взяли дополнительное время на проработку legal структуры. Основная цель этой активности: сделать legal структуру Inchain наиболее оптимальной и защищенной как для самого Inchain так и для Inchain DAO.

По ссылкам статьи, где затрагиваются вопросы актуальные в т.ч. и для Inchain:
https://www.linkedin.com/pulse/how-sue-dao-stephen-palley
https://www.linkedin.com/pulse/blockchain-jurisdiction-stephen-palley
471  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 10:25:39 PM
Any updates on the legal status of Inchain?

Which countries are you looking getting registered in and what are the plans for dealing with identity requirements for token holders?

Hi,

We are looking for the best jurisdiction for Inchain, the candidates: Switzerland, UK, Hong Kong.

Quote from the article you posted earlier https://medium.com/@piersbxd/should-a-dao-have-a-legal-entity-715a9cf31301#.v4wxpbir1

Quote
In some ways a DAO legally may be based wherever you want it to be, although countries with large numbers of free trade deals are generally going to be preferred if you do decide on the legal thing. USA/EU are good starting points.

Is there a reason that all of your candidates are outside US/EU?

As far as I can tell, of the three only Switzerland allows anonymous partners and requires that at least one director lives in Switzerland.

For Switzerland and UK avoiding double taxation on dividends could be an issue for token holders.

Compliance in Hong Kong does seem pretty reasonable but as far as I can tell still requires all token holders to be registered with the company.

Because the law is not my strong skill I'll ask Dmitry to answer you. Dmitry, could you?
472  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [PRE-ANN] WINGS - Where DAO Unicorns Are Born on: October 12, 2016, 07:33:12 PM
Hi there

Could you pls explain how you intend to solve legal DAO problems described here:
https://www.linkedin.com/pulse/how-sue-dao-stephen-palley
and here:
https://www.linkedin.com/pulse/blockchain-jurisdiction-stephen-palley
473  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 06:50:45 PM
see this picture in thread iconomi Grin





Breaking Bad, hope inchain is going to make me that much money

Sure))
474  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 06:27:11 PM
Any updates on the legal status of Inchain?

Which countries are you looking getting registered in and what are the plans for dealing with identity requirements for token holders?

Hi,

We are looking for the best jurisdiction for Inchain, the candidates: Switzerland, UK, Hong Kong.

Also Dmitry is actively working with Adam Vaziry for the legal structure of Inchain.

Today I connected with Stephen Palley (https://www.linkedin.com/in/stephendpalley). He published some great articles about legal DAO aspects:
https://www.linkedin.com/pulse/how-sue-dao-stephen-palley
https://www.linkedin.com/pulse/blockchain-jurisdiction-stephen-palley

I asked them to look on Inchain concept and reveal his opinion. Maybe he will agree to help us with legal terms.
475  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 02:48:15 PM
When will you update signature campaign spreadsheet, accept new users?

We check all campaigns every Saturday
476  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 02:37:33 PM
I think they should have insured exchanges, those are at the highest risk.
With about 1/3 of all exchanges suffering hacks before, and customers losing funds, they are in dire need of insurance.

Some statistic here: https://magoo.github.io/Blockchain-Graveyard/

Bittrex never been hacked, damn very secure exchange. Grin  Let's it inchain on their site first.  Grin

---------Inchain:
Hi,
Nice to meet you.
I'm a founder of crypto insurance startup called Inchain. We allow users of exchanges and wallets to insure their accounts against hacker attacks.
We're seeking to establish partnership with you.
Currently we are at the stage of fundraising through ICO and offering you to join our media campaign.
We are generating a lot of buzz in media with our press releases and will be happy to mention you as one of the companies who have agreed to participate in pilot program. In exchange we're asking you to publish our press release in your blog and social media.
---------Exchange:
What would the pilot program look like? I'm not sure how this would work.
---------Inchain:
We intend to offer to Exchange customers to insure their risks of losses if (excuse me but) Exchange will be hacked.
---------Exchange:
You can see why we wouldn't market or endorse this, right? Smiley We would be telling our customers they should worry about security.
---------Inchain:
Insurance - it's the next level of your security. Almost every exchange was hacked. Look at Bitfinex for example. If exchange's customer can insure their risks - it is better for them or not?
---------Exchange:
There is a difference between the insurance I would buy that would cover the whole exchange vs. marketing that individual users purchase insurance against their accounts. One is part of our overall security strategy and risk management posture for our users, the other would convey a lack of confidence in our ability to protect our users. We would not do the latter.
If you have a trading token, we'd certainly work with you on that but we aren't going to directly market your product to our users.
So that was bittrex's answer?

I don't want reveal who was the "exchange". But you can guess  Wink

That guy you quoted said bittrex, and you post the dialog history, must be bittrex.  Cheesy

I didn't say it  Grin
477  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 02:29:14 PM
I think they should have insured exchanges, those are at the highest risk.
With about 1/3 of all exchanges suffering hacks before, and customers losing funds, they are in dire need of insurance.

Some statistic here: https://magoo.github.io/Blockchain-Graveyard/

Bittrex never been hacked, damn very secure exchange. Grin  Let's it inchain on their site first.  Grin

---------Inchain:
Hi,
Nice to meet you.
I'm a founder of crypto insurance startup called Inchain. We allow users of exchanges and wallets to insure their accounts against hacker attacks.
We're seeking to establish partnership with you.
Currently we are at the stage of fundraising through ICO and offering you to join our media campaign.
We are generating a lot of buzz in media with our press releases and will be happy to mention you as one of the companies who have agreed to participate in pilot program. In exchange we're asking you to publish our press release in your blog and social media.
---------Exchange:
What would the pilot program look like? I'm not sure how this would work.
---------Inchain:
We intend to offer to Exchange customers to insure their risks of losses if (excuse me but) Exchange will be hacked.
---------Exchange:
You can see why we wouldn't market or endorse this, right? Smiley We would be telling our customers they should worry about security.
---------Inchain:
Insurance - it's the next level of your security. Almost every exchange was hacked. Look at Bitfinex for example. If exchange's customer can insure their risks - it is better for them or not?
---------Exchange:
There is a difference between the insurance I would buy that would cover the whole exchange vs. marketing that individual users purchase insurance against their accounts. One is part of our overall security strategy and risk management posture for our users, the other would convey a lack of confidence in our ability to protect our users. We would not do the latter.
If you have a trading token, we'd certainly work with you on that but we aren't going to directly market your product to our users.
So that was bittrex's answer?

I don't want reveal who was the "exchange". But you can guess  Wink
478  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 01:44:04 PM
I think they should have insured exchanges, those are at the highest risk.
With about 1/3 of all exchanges suffering hacks before, and customers losing funds, they are in dire need of insurance.

Some statistic here: https://magoo.github.io/Blockchain-Graveyard/

Bittrex never been hacked, damn very secure exchange. Grin  Let's it inchain on their site first.  Grin

---------Inchain:
Hi,
Nice to meet you.
I'm a founder of crypto insurance startup called Inchain. We allow users of exchanges and wallets to insure their accounts against hacker attacks.
We're seeking to establish partnership with you.
Currently we are at the stage of fundraising through ICO and offering you to join our media campaign.
We are generating a lot of buzz in media with our press releases and will be happy to mention you as one of the companies who have agreed to participate in pilot program. In exchange we're asking you to publish our press release in your blog and social media.
---------Exchange:
What would the pilot program look like? I'm not sure how this would work.
---------Inchain:
We intend to offer to Exchange customers to insure their risks of losses if (excuse me but) Exchange will be hacked.
---------Exchange:
You can see why we wouldn't market or endorse this, right? Smiley We would be telling our customers they should worry about security.
---------Inchain:
Insurance - it's the next level of your security. Almost every exchange was hacked. Look at Bitfinex for example. If exchange's customer can insure their risks - it is better for them or not?
---------Exchange:
There is a difference between the insurance I would buy that would cover the whole exchange vs. marketing that individual users purchase insurance against their accounts. One is part of our overall security strategy and risk management posture for our users, the other would convey a lack of confidence in our ability to protect our users. We would not do the latter.
If you have a trading token, we'd certainly work with you on that but we aren't going to directly market your product to our users.
479  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 01:36:40 PM

LOL, who is this yellow guy below? They look the same.  Cheesy

http://ico.inchain.io/#team
480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] Inchain - insurance for the crypto economy on: October 12, 2016, 01:13:39 PM
Interesting article about DAO legal aspects: https://medium.com/@piersbxd/should-a-dao-have-a-legal-entity-715a9cf31301
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