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.
I think the announcement was made already before the market starting falling heavily. So this is not related to the market conditions at that moment. However don't know what tram thinks now.. |
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The striking thing about COVA is their not wanting to do a public sale, I am looking to see how this pans out because with such a good project I am expecting a total sell out during public sale and got presented with this strategy instead.
They are smart in that aspect. Market is not good at all. Why to waste going to market with their token sales and reduce the value of their own tokens? Smart move by the COVA team. |
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It's now very useful, to buy these tokens. this is important, because in the future, its price will grow, and we will be able to have a good profit from tokens.
Thats right. But where to buy this token? Is it already available somewhere to buy or trading somewhere? I am trying to find those details for already long time now. |
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I personally think they should abandon their ICO and try to find an alternative way to raise funds for their development. I would suggest the ONAM team looks into starting their own STO or trying to secure private investments.
Yes, you are right. But the money raised at the ICO is easy money, you can spend it on cars and traveling - and this will not be against the law. I personally think thats what they are trying for. Atleast lots of private placement is coming on their way. Softcap is also not too far away. |
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Are you sure about SEC being just for the US citizens and those promoting it in the US? Because I know majority of ICO's banned US citizens from participating in their ICO.
This is a very interesting question as well as huge question to get answered. SEC is starting their work for good. I want crypto to be controlled and regulated to kill all the scams. |
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I like the fact that they are exchange project and not any other project
Exchange project are really big gainers in the crypto world any time which makes it one of the high point attractive project for me
Absolutely true. If the exchanges are running good in an efficient way, no problem in getting more revenues and sure the tokens of such exchanges will be a gold mine in the future. |
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Campaign : ### Signature ###
Week Number : < 6 >
How many posts have you done this week : < 13 >
Did you had Gigzi Avatar/Text whole week : < Yes >
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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. |
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November is now over and we still have no news about the MVP and why it's delayed. I must admit that I am a bit disappointed because I thought that there were only a few minor things to improve before it can be released.
I’m surprised myself, last I spoke with an admin on telegram they were so optimistic about the MVP release, they should address the community as to why things aren’t going as planned. I think its good wait for sometime as they are also very busy in finalizing their sales. I am also waiting for official confirmation on reaching the softcap. |
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It’s best the team keep everyone involved. There are more investors who would want to get into this forum to find about ths project and not telegram. Although, I must admit it gets really much busy there with lots of questions from enthusiasts about OnAm features.
I really do not use Bitcointalk as much as I use telegram.. However I'm particularly hopeful of projects that stay active in here, it shows there is a serious and human side to such projects With me it is exactly the other way around. In Telegram it is always confusing, because I have participated in too many Airdrops :-) In addition, in the interesting projects so many people in the channel, who always ask, when will this come, when does that come, when moon .... that is annoying Here in BCT I can read the threads in peace I am having the similar view. For me, if the team or thread is not active in bitcointalk, then something wrong with the project. Either they are scam or an inefficient team with huge ambitions. Both are bad. |
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there are always risk in investment. the ICOs plan are perfect but it is not always what they expect will happen. there will always unexpected problem that will occur.
This is definitely the reality. But in this market, if the project is announcing such schemes, I have my own questions. On the hand, I am an ardant follower of this project for long time now. |
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Got busy for the whole day and just came to check how the discussion is here. And also mainly how many of the members really support this idea. To my surprised, many are much surprised about this announcement by the project and still I could not conclude anything honestly.
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It’s best the team keep everyone involved. There are more investors who would want to get into this forum to find about ths project and not telegram. Although, I must admit it gets really much busy there with lots of questions from enthusiasts about OnAm features.
You are right. Community engagement is at its best in their telegram channel. Any questions will be answered promptly and also in a very transparent manner. |
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Hi Thread Starter, is it just me or you are indeed a shiller? I smell a veiled marketing here  In my opinion there's nothing called as risk-free stuff in this world. Hell, we can even die just by running. Also, there's a lot of projects out there stated the same thing, but all of them are a scam project. I'm not saying this is a scam project though. Honestly, by investing into this project is already a risk. How do we know they will send our token? not to mention there's no a single video about the team. So the whole crap about the risk-free is bullshit. I have also been following this project for quite some time already and I disagree with you. There are lots of videos on YouTube, guys also have good ratings on sites like ICObench and have gone through KYC procedure there. So, it does not look like a scam coin. They could have made better PR, yes Moreover, they have MVP that can be downloaded from AppStore - this proves that they themselves have already invested money in the project before the ICO. And idea is actually great, smart token design which makes their coin a demanded tool. I agree with you that there is a risk in everything. What they offer is to exchange the same amount of ETH/BTC invested into the same amount of tokens received. So, yes, there is potential risk that ETH and BTC goes to zero and in USD terms you will still loose money. But if you HODL, investing here it is the same as HODLing, but with additional upside potential. I believe in this project There are lots of people who have belief in this project. No doubt about that. Thats also the reason, they reached softcap already. I agree with you that there always be some risks involved. May be project is claiming too much even though the risk might be definitely lower than the other projects out there in the market. |
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Risk free ICO is a nice concept. I would like to know and understand more on how this works in reality. Typically ICOs are meant to be extremely risky. Breaking this like breaking a hard rock which is for good ofcourse.
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How much fund is raised up until now?
What will happen if softcap is not reached?
i think they almost got to Softcap, so we shouldn;t be worring about that! however they are ready to launch MVP soon and development is really going on FAST! Couple of days back they said they will be reaching softcap already very soon. So some legal or other things makes the announcement delayed I guess. Lets wait for the teams announcement very soon. |
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I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates!
Thats really good to see such good comments. BitMax will become huge it seems and might compete with Binance in the near future. |
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An important feature I have come to love over time is the reverse mining feature. It is absolutely amazing to simply earn a token by trading on the exchange.
Yeah. So sweet to earn the btmx equivalent of your transaction fees after every transaction. This technique will pull in a lot of traffic to their site. This project knows what exactly they are doing for sure. I am hearing quite a lot about this project and also article about BitMax in cointelegraph which is amazing. |
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It's also a good chance and convenient way to every fiat user or investors that they can easily buy some ONAM tokens without having a problem on price decrease of our common altcoins that we use to make an investments.
Are they already acheived their softcap? I am very curious to hear this news. This will also provide some kind of relief for the small investors especially in this bad market. |
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