The Repu token was invented to give people a reason to give ratings. People usually vote on the extreme ends. It's either a perfect 5 stars or it totally blows. Is the Repu token reward going to be worth enough that people also bother with meh ratings? And even then how are you going to compensate for the extreme ratings?
Extreme ratings are part of the process. It is taking the average of all votes. So even every vote is extreme it will make an average point around somewhere logical. There should also be some more complex logic in play but, in general the system will need lot of data to calibrate It's really interesting how complex the topic is. Fake ratings, extreme ratings etc. I'm beginning to understand why there is no demo yet. That's how AI and machine learning work, the more data they gather the more accurate is the output. You can think of a human being, he/she'll predict some situations only with his/her past experience Unfortunately, the robot is easy to cheat if you know by what criteria it evaluates ICO. that's why I want to see a demo of this project and see how their artificial intelligence works. I personally want to try to deceive him!
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I personaly think this is a Great Project with Good bussiness plan for social media industry keeping new and community in touch also the nature of decentelazied social media platform will keep safe users private data from hackers .
User data security is a section where most of the other social media are making money privately by selling them. Every Giants do it for money these days. Sphere got good potential and I think it'll succeed. Problem are not the hackers which want to steal the private data. Problem are the platform like Facebook which works with your data to create a profile of you. And sell the information. That's the big advantage of decentralized network like sphere It’s not only about selling your information. Social media companies also use your interests/likes to discrimate you (eg by limiting/blocking users). This is getting more important as large companies get even larger and cover lots of areas in life (think google and amazon). Mark Zuckerberg has already realized that such obsessive advertising which is made up on the basis of personal preferences is very irritating - as we see that to save the migration of users, he was forced to stop this advertising tape and Sphere can be great alternative. Yeah, since this platform is decentralized, it will surely have great benefits over its competitors and I hope users will finally realize on what decentralization could offer to them. I believe that Mark Zuckerberg made a big mistake by banning the advertising of crypto-currencies and ICO. Now it has become clear to people what the advantage of decentralization is! With his act he gave a chance to other projects as Sphere for realization of his ideas! yes, in my opinion he made a big mistake, he indirectly gave a hand to the projects that believe in decentralization and based on the blockchain as sphere that i think continues to gain supporters compared to other social networks... He did what he thinks is right and I understand why. For example, how many successful ICO's will be out of, let's say, 1000 randomly selected projects? Like 10-20? That's the point, 80-90% of ICO's are garbage, and he realized that it's much easier to ban totally everything that to allow advertising of only some ICO's. Moreover, the latter some people would definitely regard unfair This is in your opinion a lot of ICO garbage, but there are real projects that people have not supported and the developers have returned all the funds and started from scratch. And those projects that were able to raise funds and achieved a soft cap, work on their projects. Yes can have them not all passes smoothly and their coin not in price, but over time they can shoot! And like you are looking for quick benefits, do not understand the essence of the projects themselves!
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it will be possible to use the CRYPTOFLIX platform without an Apple device and without a credit card, that sounds great.
I think the real strength lies in crowdfunding movie projects coming out of underdeveloped countries. They don't need billions to make an interesting movie. And a lot of the content can be empowering for people in underdeveloped countries like blockchain education. This is really good idea. Without multi million actors and pointless CGI they can finance very good projects I think the best feature of cryptoflix is funding movie projects, so that talented young directors can access to funding to shoot their films. I have an question also, do they share a profit with directors(or directors share with cryptoflix) which cryptoflix funded? is there any profit share structure? Surely it will be a chance for ordinary individuals to become movie investors / producers in a unique way which until now is only shared by a select few. This is a very exciting feature. Is there any legal issues to be considered if Movie creators raise funds for their projects through the Cryptoflix platform? probably the same issues as kickstarter. maybe fewer since this is crypto after all. In fact, we get a platform on the basis of which people will collect money for shooting movies. Almost the same as ICO. People will invest and wait for the results.
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If EHF has worldwide success, that would of course be very cool. But for the Start Europe and the USA should be enough for the first time.
I disagree with you, yes they should focus on certain areas in the beginning but this shouldn't be Europe or USA i think, there are more places in need of health solutions in anyway. USA and European countries advanced than the other countries. Definitely agree here. Even if health care in USA is not as good as in European countries there are countries with much more need for better health care related stuff. It would be good to support people in those countries. Well, there is two aspect here. First of all, they need to be where people needed them but on the other hand, they need to be where people can pay them. They need to find a balance between this two. This kind of platform should be able worldwide but I think that the better placesin the most advanced countries. That way it will be easier for the people of those countries to have access to the hospitals and in this way verify that the diagnosis of EHF is correct. I think you're absolutely right. First, we need to focus on the developed countries, and then gradually move on the development of the third world. This is the right strategy for success!
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There is no information about how to get in the private sale and the post is back some pages now. Someone should find that post and quote it The private sale is probably for some whales and other big investors Well, I think normally closed rounds are indeed for big investors with high minimum investment but Repu closed round is only 1 eth minimum purchase amount. I hope that after the end of the closed sales we will announce the amount of total investment. This is important to me, because I want to take part in the main ICO
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I personaly think this is a Great Project with Good bussiness plan for social media industry keeping new and community in touch also the nature of decentelazied social media platform will keep safe users private data from hackers .
User data security is a section where most of the other social media are making money privately by selling them. Every Giants do it for money these days. Sphere got good potential and I think it'll succeed. Problem are not the hackers which want to steal the private data. Problem are the platform like Facebook which works with your data to create a profile of you. And sell the information. That's the big advantage of decentralized network like sphere It’s not only about selling your information. Social media companies also use your interests/likes to discrimate you (eg by limiting/blocking users). This is getting more important as large companies get even larger and cover lots of areas in life (think google and amazon). Mark Zuckerberg has already realized that such obsessive advertising which is made up on the basis of personal preferences is very irritating - as we see that to save the migration of users, he was forced to stop this advertising tape and Sphere can be great alternative. Yeah, since this platform is decentralized, it will surely have great benefits over its competitors and I hope users will finally realize on what decentralization could offer to them. I believe that Mark Zuckerberg made a big mistake by banning the advertising of crypto-currencies and ICO. Now it has become clear to people what the advantage of decentralization is! With his act he gave a chance to other projects as Sphere for realization of his ideas!
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it will be possible to use the CRYPTOFLIX platform without an Apple device and without a credit card, that sounds great.
I think the real strength lies in crowdfunding movie projects coming out of underdeveloped countries. They don't need billions to make an interesting movie. And a lot of the content can be empowering for people in underdeveloped countries like blockchain education. This is really good idea. Without multi million actors and pointless CGI they can finance very good projects I think the best feature of cryptoflix is funding movie projects, so that talented young directors can access to funding to shoot their films. I have an question also, do they share a profit with directors(or directors share with cryptoflix) which cryptoflix funded? is there any profit share structure? As far as i know, if you choose to back a movie, if they have a success you are getting some profit or loss. But i am not sure how will it be like. According to the whitepaper, every film project will have a certain risk score and based on the score users can decide if they wanna invest in this movies or not. This risk score should take into consideration many different aspects, like genre, cast, etc. Everything is written correctly and beautifully, but the question is who and by what criteria will evaluate and mark the risk??
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Very nice rate for mark.space on icomarks, it come to the end of the ico but it’s still nice and the informations is still good to have. Im impatient to see the future of the project.
Since often to the end of an ICO a big amount of money is collected yet, it is great to see such a rating, especialy in the end. And it comes together with a phase, where the market seems to recover. I would always advise not to trust blindly in rating sites. just do your own research. I fully agree with you. Personally, I don't trust all these sites that rate projects. Everyone should carry out their own research and draw conclusions about the feasibility of investing.
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I hearty welcome the decision of burning the unsold tokens. Regardless of how many tokens get sold this will definitely increase the value of the tokens present in the market.
totally, otherwise would be pretty dumb to not burn the unsold tokens after the sale, since the value/fundraised amount of money they did so far, tokens would loose even more on value. Actually, in view of the success of the sales and everything that the project has achieved so far, both inside and outside the munod crypto, it is a wise decision to record the unsold tokens, one can expect an excellent initial trade, no matter where they come from start it That's the coin with two sides. Burning unused tokens can be useful in terms of the price of the remaining ones, but it can also be a bad method if these tokens will be needed for some reason. So before burning them, the devs should consider everything thoroughly I am sure that the decision was made in a balanced manner. And was thought out all the consequences that may occur as a result of these actions.
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Any infos if the pre-ICO started or is the private sale still ongoing? I am quite confused now about this check the website man, the closed round is now live Yes, but shouldn't it be over aleady? I think it should, but devs announced the private sale very late, so I guess it postponed the whole thing somehow. It looks a bit off actually, since we don't have any details about the main sale, usually these stuff are set in advance. postponing the main sale is correct choice, after the market recovers a little bit more, then they'll start the main sale. With this choice, they'll definitely raise more investment. the market has already recovered mostly. the sale is safe to start any time now. I am still behind in my portfolio which is all time high in the beginning of the january. So thinking from my point of view, we have some road to go:)but you are right markets gained trust from investors in last few days. The market hasn't yet fully recovered. A few weeks back we were close to breaking the trillion dollar mark. We are still far away from that mark right now. I hope we'll see it crossed over the course of this year. But try to see the bright side. The progress is visible and apparent, so it will hopefully go on further. As for total market capitalization, this is only numbers, we have to care of what we have not of everything I am sure that today's market recovery trend will continue and soon we will see the usual figures for us. Therefore, the decision to postpone the main ICO is the right decision!
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How are you planing to reach to countries like China and Russia where they are mainly using their own social platforms and even Facebook is not as popular like in the rest of the world?
They shouldnt try to reach those countries at this early stage. If even facebook isnt popular in those countries, i think it will also be difficult for sphere except they have a deal / partnership for it. Not to mention that China will just block them if they get too big. Thats what they do with Facebook and Google. They need to have control over whatever social media Chinese people use. I think they have and opportunity to enter in those markets thanks to crypto but I wouldn't start with them. in Russia the most popular social network: vk , I don't think that it can be move to second place in this region. Although one does not need to strive to embrace everything - with time, people will understand the advantages of decentralization. So more Russians need to get blockchain education ? I thought the country is highly educated in tech You're wrong! In Russia there are enough educated people and know about the blockchain, even more than some users of this forum. On the social networks. It will be very difficult to shift such networks as VK or OK from the leading positions. But I'm sure it's real! At least i see many ico are organized from Russian so at least there must be a lot of interest. In Russian social networks is very active PR cryptocurrency. I don't understand why a lot of ICO in its bounty companies do not use social networks such as VK and OK. They have no such prohibitions as Twitter. And I recommend the Sphere project management to get in touch with the Russian social networks.
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Today I saw wonderful news: THE SpaceX Falcon 9 launch this weekend marks the first prototype of 12,000 orbital satellites that will one day beam down internet access for every single person on the planet. I think for Cryptoflix platform it's great advantage - in Africa, Asia and South America, not everywhere there is opportunity of fast Internet to watch movies.
Well while I am pretty happy that SpaceX and Elon Musk have such success in the last years, until the satellite network is up it will take s long time for sure, not sure if this would have any effect on Cryptoflix right now But even without I think Cryptoflix can become a success in those countries. I would also like to temper that enthusiasm a bit. Just because internet access will be available across the planet doesn't mean it will be free. may not be free, but it will be reeeallly cheap. i'm working with a 1gbp/s connection for only 12 euro. if they can't go cheaper than that , they will fail. nothing free in this world, but cheap is possible. some country has a fast connection, faster than 4g connection with cheap price. if cryptoflix has many user, they should have a big server that wont be down when many users access their platform at same time. According to United Nations, internet access became a human right and its sad too see whole countries being restricted from it because of financial issues or even government issues. I am happy to see things are getting better on this topic all across the globe. If Elon Max can realize this idea, we will be able to have unlimited access in even the most remote parts of the planet - for example, Greenland or Antarctica, and would not need anymore mobile operators. I'm just sure we shouldn't rely on this technology any time soon. I think the cost will be tremendous. And the military will be the first to use this network.
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im still waiting for a german translation of the whitepaper but i guess, even if they make it, i wont read it got better things to do ><" they should do videos, so people like me, do get more insight on the project, without reading the wp. That would be a great idea! Projects these days should leverage the power of audio visual tools to maximize exposure. Actually they've uploaded 13 videos on their channel. https://www.youtube.com/channel/UCDOXlcfFnSTVRlkqy8kojWA/videosBut i think they should upload more video like this one : https://www.youtube.com/watch?v=ebXOmPnUOacTo give more vision about their product. Most of their videos are short. Many investors are not long time to sit and thoughtfully study these materials. In commercials should be clearly and fundamentally voiced the main goals set by the project, and methods of achieving these goals!
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i am really glad to read that - congrats Good, this kind of partnership shows its a genuine project Any partnership is a good incentive for investors. But I want to know more about their agreement. How they will interact with each other, what will be their partnership and much more.
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How are you planing to reach to countries like China and Russia where they are mainly using their own social platforms and even Facebook is not as popular like in the rest of the world?
They shouldnt try to reach those countries at this early stage. If even facebook isnt popular in those countries, i think it will also be difficult for sphere except they have a deal / partnership for it. Not to mention that China will just block them if they get too big. Thats what they do with Facebook and Google. They need to have control over whatever social media Chinese people use. I think they have and opportunity to enter in those markets thanks to crypto but I wouldn't start with them. in Russia the most popular social network: vk , I don't think that it can be move to second place in this region. Although one does not need to strive to embrace everything - with time, people will understand the advantages of decentralization. So more Russians need to get blockchain education ? I thought the country is highly educated in tech You're wrong! In Russia there are enough educated people and know about the blockchain, even more than some users of this forum. On the social networks. It will be very difficult to shift such networks as VK or OK from the leading positions. But I'm sure it's real!
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