I think they should be more elaborate to their offer risk-free investment, so that investors will not assume what they think about that offer, because many of the people here really don't understand or not know how will be that is going to happen.
You're right about that, i think it will be best to have the team on board the conversation to create a more robust argument, the fact is, we are just making random statements and official statements from the team on what they or how they intend to go about the whole thing will really be helpful and clarify a lot of areas that the community considers loopholes |
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I really do not understand the rationale behind the delay of the MVP
It's almost taking forever to release, I asked in the group and it seems postponed to an unknown date
Well, that's really sad. The ICO is running till the 21st of December. It would've been good to have the MVP as early as possible so that as many potential investors can try it out and so get convinced about the exchange and their investment. Exactly! Onam really had some superb chances of getting alot of Investment by showing their MVP as a progress so far! Investors really likes to see some development before investment! Yea, the date of closure is almost close and having something that will boost them in this critical period will be nice, by critical, i mean the situation of the market, as well as the end of the duration that's around the corner, the MVP is like their best bet to get some good amount of investors before closure, the expectations has been quite high and it should be sustained |
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Wow they just announced it last week that they will going to have some good updates this months and didn't expect that they will going to have another great news now. Great job team! Yea, saw that on their twitter page and they seem to have revamped their website, guess they have a whole lot going on at the moment and just like they stated, the community should expect a whole lot more, guess exciting times is about to hit the brand and they sure have a way of keeping the community from coming back for more |
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Hoping too, We Tachain supporters from Philippines really can't wait to try it more and I agree to you that they must give some more informations and updates about it so we will have an idea what's happening or the progress of it now.
I think you have to wait until Q2 2019. Tachain project will probably not start earlier. It may just be that there will be a beta test that you can attend. But I'm glad that the Philippine Community is writing posts here. So next year we will hopefully get first-hand updates Im hoping that the project will success here in our country since many taxi drivers right now are not doing their job properly, and some of them are not giving you the service that the customer need also, there is some people who are doing bad things in their job, and adding some extra payment. I don't quite get your point but i believe you're from Philippines, which is the one of the countries that tachain tends to invest, it will be nice for the brand to have like a physical office in that area to build a much more robust community, as it is now, investors want to have substantial proof in anything they intend to invest before investing |
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I shall believe that the future of Trading on blockchain technology will surpass all that are not related to blockchain.
I would expect in few years time, a Blockchain technology based exchange that would pass on SEC rules and would allow trading of not just digital currencies but stocks. It should have an advantage to the older exchanges. This is a big task or vision and it all depends on if the blockchain is accepted as we all know the government don't support anything they cannot promote. Actually Government don't support anything they can't control. And blockchain is beyond anyones control! Hopefully they will soon realize the power of blockchain and give their support toward it! Yea, that's what they made the public to believe but behind close doors, government officials are the ones actually patronizing the industry, identities can not be tracked when it comes to blockchain, so they see it as a means to migrate funds without been traced, the whole thing is just bigger than any of us but i intend to see the industry put to good use |
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I just see that there is a roadmap since the homepage was updated. or was it there before and I missed it?
In any case, I see that version 2 of the Testnet will go live in Q1 2019. Then with even more smart policies. it's going really well
Cova has a good chance of becoming a massive brand, i find it hard to comprehend the likelihood of such technology coming into existence, guess we are going futuristic in no time, its freaking intriguing to believe that one can actually issue out commands on their data and the instructions will actually get implemented by the technology, quite fascinating |
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If an ICO is promising me risk free investment, then i need to be more careful, because it might be deceitful. We all understand what is in the market and due to the present happening, even the coins that seem to be the best, are still plummeting, so,what are we saying. Well, i do not know the strategy that will be deployed for such not to happen.
I like how you pointed out the fact that even the best right now do not really stay strong a the moment which is the more reason we should give project like this the fighting the chance to see what they are capable of doing both in the operation and money back They stand a higher chance of doing well with confidence of investors. When everyone gets scared of investing and chicken out, there is not project. So the approach of giving investors a backup plan, would mean more confidence of investors in the project and so the project grows. Exactly my thought and I am particularly glad you chose to see it the way I see them Honestly I think as investors we have a role to play in the growth of any project coming out here in the space Yea, investors have a serious role to play, in fact, the actions of investors will determine the outcome of any project and every investor should owe it a duty to do due diligence in any project they tend to invest before investing, projects must have real life application that may be considered viable before any investment should be made |
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Bitmax Exchange looks fancy and easy to use. And now there’s the Reverse Mining and Transaction Mining where users earn back fees and mine BTMX token while you trade these for USDT or BTC right there.
Do I have to go through a Lengthy KYC procedure for new users on the exchange?
I haven't come across any information on KYC process yet but I guess it shouldn't be that tedious as we have come to know KYC process for, Ideally exchange should have KYC process in place If I remember correctly, you can't withdraw from the exchange without KYC and Google authentication. But for the lowest stage all you need to enter are basic information and to set up 2FA. This way you can withdraw 2 BTC daily. If you want more, I guess you'll have to provide more information/documents. The KYC is actually a necessity that the community should come to embrace, as we can see, the industry is no longer child's play, as regulations are coming in to determine the future of the market, its all in the best interest of the blockchain industry, we all know this day will come and i hope to see something good emanate, the 2 BTC daily withdrawal sounds really good |
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So what was their last news on their progress? Have they already finished MVP or not? Could anyone find their latest official update on the progress other than the Telegram?
They have not finished MVP. I think you can follow the news on social networks. Ya their posting a good bit and if you want more up to date than that you can always go to the teams chat they are active there i mean the fact is the MVP will be a bit moment but patience to get it right and not trip right out of the gate is important Thank you guys. So team is active ; but their MVP is not released yet. Which means This is not dead and still on fire. Yep you are correct. We've to keep in touch without getting any bad vibes on them. With the market condition it is possible to delay their work Yea, the market condition is enough for anyone or any brands to pause and have a rethink, even though things will get better but at the moment, a lot of people are shaken by the fact that they have lost a lot to the downtrend and are not that intrigued again with the blockchain industry, so the reduction of activities is a sure thing for now but hey, you never can tell what will happen next That looks more practical reason for MVP delays. Such crashes make developers restructure whole project itself most of the times, which may lead to delays in beta/MVP, and hence skipping deadlines too. I hope it doesn't affect softcap. Well, we may get to see such delays, though i'm pretty confident about them getting the needed funds required for them to start because the duration extends to next year, so anything can happen before then, hopefully we will get to see some serious stabilization, what's happening now is like a restructuring process of the cryptocurrency market |
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I still stand by the fact that i think the reason they are doing so well and did so well on Huobi was because people can pretty obviously see the project isnt a get rich quick scheme but a well thought out concept to improve something thats inherently broken and pissing people off daily
It only takes one few minutes to go through their website and come to an agreement with your statement. They’re well focused couple with a brilliant idea. Their idea only has made a lot of people backed them up coupled with the fact that they did not have a public sale or an airdrop for their project. The only give away they have done is the weekly AMA. I got a question about this weekly AMA. Where will it be hosted? Will it be a livestream where one of the team answers the question that were collected over the week or will it be on Telegram or Reddit where you can ask them directly? I'm thinking that such will be held on their telegram channel because that seems like a swift place to get the needed vibe for a good AMA, speedy responses and flexibility is guaranteed through telegram, not to mention that majority of users prefer telegram when it comes to such, cova is really not relenting for the past few weeks, which is good |
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I don't believe that investments can be done without any risks. That's just impossible. Not about business all this. On the contrary risks can be minimized and I believe that project will succeed in its core and main aims.
all investments there is indeed a risk. but they offer a guarantee with cash back. either we could know such investment or not. If there is indeed such that might be very good, because investors will not be scared of losing their money. Yea, that's the part that the community wants to know better, investment has risks but what are the measures in place to mitigate those risks is what the community wants to know and how does the project intend to handle the risks, its quite an interesting debate so far and wish to see more of such, constructive criticisms will make this thread a nice one |
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So what was their last news on their progress? Have they already finished MVP or not? Could anyone find their latest official update on the progress other than the Telegram?
They have not finished MVP. I think you can follow the news on social networks. Ya their posting a good bit and if you want more up to date than that you can always go to the teams chat they are active there i mean the fact is the MVP will be a bit moment but patience to get it right and not trip right out of the gate is important Thank you guys. So team is active ; but their MVP is not released yet. Which means This is not dead and still on fire. Yep you are correct. We've to keep in touch without getting any bad vibes on them. With the market condition it is possible to delay their work Yea, the market condition is enough for anyone or any brands to pause and have a rethink, even though things will get better but at the moment, a lot of people are shaken by the fact that they have lost a lot to the downtrend and are not that intrigued again with the blockchain industry, so the reduction of activities is a sure thing for now but hey, you never can tell what will happen next |
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I dunno I think a lot of votes came down to the project having a solid use case that hasn’t been directly focused on to date so people want to give it a chance
Huobi exchange is one the top 10 exchanges in the market today and a very big deal to get listed in I mean they really had a good image to put out here which is particularly attractive The numbers of votes is what actually surprised me I hadn’t realized so many people knew about Cova and they were up against some decent competition it’s a great moment though was not it like having more votes when you have more tokens? I do not think that there are so many people who participated in the vote regardless of the number of voters COVA did pretty well to be at the forefront i believe they made their platform known to the right kind of people and investors alike This is solid, they made their project known to the right kind of people, but it should be noted that the number cannot be downplayed. Even if the right kind of people knows about the project, they would have still failed have they not met the required number of votes. Yea, having the right number of people no doubt made them win but they seem to believe that they will win, a real sign of confidence and before now, cova has been listed as among the best ICOs of 2018, so they seem to be influential enough to have gotten the needed attention which invariably led to them wining and getting listed on huobi |
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The raw project that did not deserve confidence. They spent ISO only in the month of July, they have not yet implemented anything, and you are proposing to invest.
A very good decision to invest in something that has not yet proven itself. The interview may be a regularly paid advertisement. I'd rather wait for the solution to this problem from the team of eth.
I like this point and to be honest everybody needs projects to perform well on the progress front. I know they have released MVP. Not sure how much they are inline with their plans and roadmaps. I think they released an iOS app but I don't think it is functional; I am not sure when is the actual release date I am hoping it will happen soon. Also I think they could very well start with the taxi drivers they signed. you're right, there's already an iOS app. But you can not register there. I'm wondering why they have even published the app, if you can do nothing with it. It will take until Q2 2019, until the project starts slowly Yea, well i think the essence of the app creation was to create some sort of product that the community can see and believe that they mean business and not a situation whereby everything is still on paper, thought i saw where they stated something about having some specific amount of taxis already rolled out to be used or am i mistaken? |
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Bitmax model of exchange mining is mind blowing.
When you trade, your transaction fee doesn’t get lost. But it’s used to buy up BTMX. And you could get more BTMX from mining than you do when holding the exchange tokens. Does anyone have an idea how much is the transaction fee on Bitmax.io?
But you should keep in mind that what you described is basically the trans-fee model. In the reverse mining you will be selling BTMX to the platform it is basically the other way round. Instead of paying the fee you are like selling to Bitmax I've never fully understand the matrix behind the transaction and reverse mining but this just made things more clearer for me, i think its an amazing process that will make traders stick to the platform, i mean, its something that has not been seen or implemented by any exchange before, so instead of getting worried because of transaction fees, you make profit from it |
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No news about the progress of the tokenale, no news about the MVP / Beta, it is generally very quiet on Onam.
I do not like it at all, they should be much more active
When was the last time any of them here in the thread?
Truly, the team became quiet but I think they still attend to issues on the telegram group. The only reason I can think of for the quietness is that they are busy with development because I do not really see the initial fire the team exhibited. Yea, hopefully we will get to see some positive impact in the nearest period, the MVP will generate a lot of buzz for them which is needed in this quiet period that the market is not favorably for all projects and investors, i also see that as a reason but its always good to makes things official, so that speculations will be eradicated and FUD will be avoided |
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Yes, i believe that's the main aim of the team and frankly, the development of their technical aspect is the right thing to do, this project is quite huge not to go unnoticed because once they have fully implement their technical aspect and it becomes up and running, it will build the community much faster than expected, i'm pleased about their journey so far
Well, I also think developing the project in the technical aspect is very important. But there should be a good balance. Everyone who invested in the private sale or now during the voting process has the right to get to know these information. Yea, you have a point and i'm not disputing the fact that communication shouldn't be relayed to the community in the form of updating them with the necessary information because they are the actual reason why the project was created in the first place but the project is a humongous one that requires much more in terms of the technical aspect |
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In the crypto markets, there is no risk of investment or Ico. Risk is always there and visible. I believe that Ico model investments are over and dead in 2018. There are more than 2000 coins in the market and they are all copies of each other. Most of them will be wiped out as they used to.
Yea, the amount of coins in the market is ridiculous and as it is now, they are dying one after the other because they have nothing to offer, they joined cryptocurrency with the mindset of hitting it big and that's it, that's one of the positive side of this downtrend, it will take them out and usher in a new era of projects that will open doors for the industry |
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Ya that’s how I get most of my help I rather dislike having to come on bitcointalk for news when meanwhile I can open telegram and read pins and if I have a questions their is almost always a admin online to answer within short
Of course, Telegram is great to that effect, but I don't see what stops them from having an admin (even if it is not dedicated) on Bitcointalk too, questions should have answers readily available on all platforms IMO. Investors have preferences and their preferences ought to be met for a brand or project to be termed successful, some investors don't look at telegram and consider that avenue a nuisance while some feel differently, bitcointalk is a very notable avenue when it comes to the cryptocurrency environment and as such, the team need to create a means of answering questions |
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Yeah just saw their tweet about it. It's really exciting because we can directly can ask the team about the things that we want to know and understand more about the project. Plus we will have a chance to win some Cova tokens. s This is a great move; the first thing I am to ask them about the sale. How is looking like and what are the chancing of having one anyways. Are the private investment enough to get this project on its feet? I'm curious on the Token sell as well, as they didn't shate any data on that just yet! Hopefully they'll answer them in this AMA session! Looking forward to it! I talked to them on Telegram and one of their admins said that they will release some information soon about how many tokens there are in total and how many were sold during the private sale. That will be great, as i understand that many seems to be disturbed by the lack of such information, though the brand is doing really well but it will be nice to get such information and put a lot of skepticism to rest, many has been affected by bad brands running away with their money, so its always nice to make things transparent to boost confidence This information is so important! Sometimes I have the feeling that they are focusing so hard on the technical side of the project, that they tend to neglect such things. I am now really glad that they know they have to publish it as soon as possible. Yes, i believe that's the main aim of the team and frankly, the development of their technical aspect is the right thing to do, this project is quite huge not to go unnoticed because once they have fully implement their technical aspect and it becomes up and running, it will build the community much faster than expected, i'm pleased about their journey so far |
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