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 believe the industry has grown to stage whereby investors ought to know what they want by digging deeper before investing, yea i do agree with you on investors been careful but i believe that having a project with real market value and product implementation is what matters most and the community has been so deep into quick money that they have this view of making massive profit overnight |
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I think the market is beginning to bounce back once again, eth coming back up bit by bit
Maybe December is really looking like a good month already, but then BTMX ain't trading?
I have the feeling that the last two days were just a short-term increase. In my opinion, it will once again go really far down before the market starts again. But for safety's sake I already buy a few ETH today if I'm wrong. And if I'm right, then I'll buy more :-) at this point in time, i don't think it is wise to make any prediction all we need to do is watch as the market unfolds, hopefully it will recover soon Considering how hard of an upper cut bitcoint took today in a few minutes he wasn’t wrong that’s just what this market is super unpredictable I can say if eth hits 100 again I’m buying lol This kind of turbulence is great for people on a transaction mining platform like BitMax thoughbif your actively trading the swings Even though the market is not friendly at the moment, it still can't be compared with the shitty traditional market, crypto will get stronger, is just a matter of having the right projects come onboard and the elimination of scammy projects with nothing to offer, the proliferation of good projects will invariably lead to the strengthening of the blockchain industry |
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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 It’s for different folks. Here we got telegram fans and there Bitcointalk fans. All about promotions from team. I think they play different parts, all trying to get my attention like it just did. However, what other promotions is ONAM team working on for the project? The team shouldn’t sit back in some location and expect volume without promotions. I haven't gotten to know if there is any other promotions going on but one thing I know for sure even though I also pointed it out in the group it is that they have got one of the best organic grown telegram group today in the blockchain I mean that amount of people in the group without a single bot is commendable Yea, their growth is quite an impressive one and i believe we will get to see that number will double when the market becomes really viable, its logical to state that most people are not really interested in crypto at the moment because of the downtrend and most are on the sideline watching how things will turn in before jumping back into the industry |
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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 Congrats to the project team and community on getting on HUOBI. That’s one of the best exchange and boy they got the volume. I guess it’s the first Exchange for $COVA and that’s splendid. Where can I get the details on COVA token listing on huobi and trading dates? I think their twitter page is the first point of call because they usually post any update on that channel, better still, you can join their telegram group and get the needed information from the admins, i'm quite intrigued to see them achieve such, the funny thing is, cova is yet to go fully operational and yet the attention been generated by them is enormous |
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the idea is probably good enough but difficult to implement in our reality
plus - there is no investment without risk, such promises are always alarming
and not every investor wants his investments to simply "lie down" for a year without working
Yea, you are right and i guess this is the part where the team needs to come in and address certain constructive arguments to give the community reasons to join the brand and i do agree with you that all investments has its own risk, having a guarantee is good but some may see such as a marketing strategy by the team, so we need first hand reply from them |
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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! they have been talking about releasing MVP for the past couple of days i really don't understand what the team is upto. they should endeavor to release their MVP Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it. I asked same question today, got a response that nothing yet has been made official by the team, well, i think we shouldn't get worked up about it because it was initially supposed to be release by the end of this month, so lets keep our fingers crossed, as they may release the MVP later, the month is almost over so i'm guessing it will be by December But in all honesty, an update from the team about the MVP will be really helpful. They promised to release it by the 15th which has long passed and no information was given as to why. The CEO said he was going to make an announcement some days back but till now, we've gotten nothing. maybe that is sure that MVP is really a good feature that the team is trying to build a big exchange that everyone will looking for, to build this such feature maybe they want a flawless exchange and they want to build a comprehensive and flawless technical features maybe that is why there is sort of delay for the releasing of their MVP That's a lot of "MAYBEs"  but i believe that the MVP is all about showing the community a glimpse of what they have to offer, not just the main thing, so i see no reason why they should fix all that needs to be fixed before it should be released to the public, it is through the reviews they got from the MVP release that they will use to build the main platform lets wait for the team further announcement of team since they are so quite developing their MVP, they putting all the hard work to release the MVP and lets hope that they will release it in no time, Yea, i'm quite hopeful that something good will come up at the end but like i stated earlier, its always good to keep the community involved in terms of where a project is heading, as oppose to postponement, i think the right thing for them to have done is not to announce to the community about such when the modalities are yet to be put in place |
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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 |
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I really like their idea about the risk free investments because their investors will going to have a two choices for their investment which is if you're not going to take the risk free investments option you will receive some bonuses and if you like it you will receive 0 bonus but assure your investments.
There is a reason there are no free risk investments in any part of the world and that is because it is impossible to guarantee such a thing there is always going to be risk, at least other projects are honest about the volatile nature of the market in which you are participating, to me this is nothing but a marketing tactic to try to bring more investors and it seems it is working. You're absolutely right, its just that, at the moment, the blockchain industry has been notorious in scamming people, not like its not happening in the traditional settings but for the fact that the blockchain industry is new, makes it a point of attraction, the effect of which is making many people stay off the industry, till such problems are rectified, the industry will not reach its full potential |
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Is there anyone here who participates in mining? Can one already draw first conclusions, is it reasonably lucrative?
Unfortunately, I had too little time to deal with it
I think it’s too early in the mining to really get a sense of the longterm implications of where the market is going not just for BitMax but for everything in this crazy market Exactly, now is probably the worst time to make predictions because God knows when we will eventually see the market start to recover. However, saying that, if you made the right call at this moment in time and predicted the way markets are going to move correctly, then you could make a lot of money and probably be likened to a prophet lol. I think the market is beginning to bounce back once again, eth coming back up bit by bit Maybe December is really looking like a good month already, but then BTMX ain't trading? I hope the market can rise again gradually and if it can really happen it is certainly good news for everyone and maybe next month or next year the market can really rise we will see Well, i believe the downtrend is for a greater good, many don't see it that way but we should get used to the fact that it may be like this for a couple of months, it may probably be a correction effect that will stabilize the entire industry and give room for a much more productive industry, the wave of obnoxious projects was part of this and it will be nice to see them phase out |
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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! they have been talking about releasing MVP for the past couple of days i really don't understand what the team is upto. they should endeavor to release their MVP Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it. I asked same question today, got a response that nothing yet has been made official by the team, well, i think we shouldn't get worked up about it because it was initially supposed to be release by the end of this month, so lets keep our fingers crossed, as they may release the MVP later, the month is almost over so i'm guessing it will be by December But in all honesty, an update from the team about the MVP will be really helpful. They promised to release it by the 15th which has long passed and no information was given as to why. The CEO said he was going to make an announcement some days back but till now, we've gotten nothing. maybe that is sure that MVP is really a good feature that the team is trying to build a big exchange that everyone will looking for, to build this such feature maybe they want a flawless exchange and they want to build a comprehensive and flawless technical features maybe that is why there is sort of delay for the releasing of their MVP That's a lot of "MAYBEs" but i believe that the MVP is all about showing the community a glimpse of what they have to offer, not just the main thing, so i see no reason why they should fix all that needs to be fixed before it should be released to the public, it is through the reviews they got from the MVP release that they will use to build the main platform |
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I saw that the COVA project won the Huobi listing challenge and will be listed on the Huobi exchange, this shows the level of belief and support people have for the project.
Wow, I did not expect that. but I am very pleased. Now they can really follow their plan and sell the tokens through the Exchange instead of a normal token. This is a big step for this project, congratulations Before ICO announcement of listing on exchange would be really nice idea. And they got even huge numbers of voting for it. This is also good idea to promote their project.👍 Yea, i think them surpassing and getting listed on huobi speaks a lot, i mean, we're in a downtrend and yet they had the capability to pull such a feat, an evidence that the community believes in them and they have what it takes to move forward, cova seems not to be concerned about raising capital, as they already have strong financial backing, what they need now is userbase |
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An investment MUST come with some measure of risk. If you guys are saying that the risk is reduced is a different ball gain, but risk-free is out of it. IMO, it just a marketing strategy.
Crypto, mainly ICOs are already risky! This whole year, many many ICO scammed! Knowing this risk, people are loosing interest in Investing into projects! So if they get a option to exit the project if they feel the project is not worth their investment, why shouldn't they choose it? There is always a risk in investing any ICO project. After all, no one gives any guarantees that in a year this ICO project will still exist and develop. This is just a promise about returning ETH in a year, and promises, as always, may not be fulfilled. However, it’s good that this ICO team is doing at least something for some guarantees. Other ICOs do nothing in this direction at all and simply cheat. Honestly I don't blame others who are sceptical about the risk free promises of the project. Some might have been victims of scam ico. Even I was a victim too. I don't know this project to vouch for them but I believe in what they are trying to achieve. And as it is said above, everything is a risk. In order for one to achieve big, you must be a risk taker. I haven’t heard of project that guarantees refund or giving one option to back out if they feel the project is not worth investing in. Everyone will definitely choose such option. Yea, just like i usually say, life itself its a risk and if anyone intends to invest in any business, he/she should be prepared to loose its money, yea, that's the hard fact, even when a project is considered very viable, my point is, you don't invest without having in mind that something bad may actually happen and you have your mind set in preparedness for such, that's if it eventually happens |
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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! they have been talking about releasing MVP for the past couple of days i really don't understand what the team is upto. they should endeavor to release their MVP Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it. I asked same question today, got a response that nothing yet has been made official by the team, well, i think we shouldn't get worked up about it because it was initially supposed to be release by the end of this month, so lets keep our fingers crossed, as they may release the MVP later, the month is almost over so i'm guessing it will be by December But in all honesty, an update from the team about the MVP will be really helpful. They promised to release it by the 15th which has long passed and no information was given as to why. The CEO said he was going to make an announcement some days back but till now, we've gotten nothing. Yea, you're right, its about time they give something tangible in terms of information in that aspect, to reassure the community of their next step in the implementation of their roadmap, probably the market is affecting them or something but even at that, they should give the community something that will please them and not postponement |
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I saw that the COVA project won the Huobi listing challenge and will be listed on the Huobi exchange, this shows the level of belief and support people have for the project.
Wow, I did not expect that. but I am very pleased. Now they can really follow their plan and sell the tokens through the Exchange instead of a normal token. This is a big step for this project, congratulations Yea, its quite surprising to see them get listed, especially in this situation of the market, the last time i checked, they were still below in the voting list and seeing them make it, is really good, things seems to be falling in place for cova and the new method of token purchase seems to be a good one, at least now, its not all about getting it for free |
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An investment MUST come with some measure of risk. If you guys are saying that the risk is reduced is a different ball gain, but risk-free is out of it. IMO, it just a marketing strategy.
Crypto, mainly ICOs are already risky! This whole year, many many ICO scammed! Knowing this risk, people are loosing interest in Investing into projects! So if they get a option to exit the project if they feel the project is not worth their investment, why shouldn't they choose it? There is always a risk in investing any ICO project. After all, no one gives any guarantees that in a year this ICO project will still exist and develop. This is just a promise about returning ETH in a year, and promises, as always, may not be fulfilled. However, it’s good that this ICO team is doing at least something for some guarantees. Other ICOs do nothing in this direction at all and simply cheat. Honestly I don't blame others who are sceptical about the risk free promises of the project. Some might have been victims of scam ico. Even I was a victim too. I don't know this project to vouch for them but I believe in what they are trying to achieve. And as it is said above, everything is a risk. Most individuals have been victims of scam and that's basically why the blockchain industry is where it is at the moment, frankly, i love the market situation, as it will help eradicate that notion of the industry been a get rich quick thing, that attracted a lot of fraudulent people, with a steady growth and the coming in of good brands, the perception of individuals about the industry will change |
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The Bitmax exchange has some truly interesting features, the trans fee mining and reverse mining to me stands out because it is the first time I am actually seeing something like that.
Yea, its the first of its kind, talk about been unique and its a good thing to see the team capitalizing on that in their awareness campaign, a lot of individuals in the community are yet to know what the process is all about and it will make a lot of sense to get them onboard, the features looks great, cost effective and a means of sustenance has been created by the team |
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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! they have been talking about releasing MVP for the past couple of days i really don't understand what the team is upto. they should endeavor to release their MVP Yeah, The MVP is really late now and I don't think anyone know why? Most of us really waiting for it hoping to see some update about it from the team if what happened to it. I asked same question today, got a response that nothing yet has been made official by the team, well, i think we shouldn't get worked up about it because it was initially supposed to be release by the end of this month, so lets keep our fingers crossed, as they may release the MVP later, the month is almost over so i'm guessing it will be by December |
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I saw that the COVA project won the Huobi listing challenge and will be listed on the Huobi exchange, this shows the level of belief and support people have for the project.
Wow, I did not expect that. but I am very pleased. Now they can really follow their plan and sell the tokens through the Exchange instead of a normal token. This is a big step for this project, congratulations You are mixing things up here. I just talked to a Telegram admin. They are not going to sell tokens through the exchange. I mean you will be able to buy the tokens on Huobi once they are listed, sure, but you'll buy them from other token holders. The only official way you could have gotten some tokens directly from the COVA team were through private sale, airdrop and as an incentive to vote for the Huobi listing. I think i'm fascinated about this and to see how it turns out, in my opinion, this will help create some sort of value for the brand, like reduce the amount in circulation as oppose to when the tokens are distributed the usual way and we get to see massive dumping, its a good thing to see they got listed on huobi, though i was skeptical about them making it because of the market condition |
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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. Yea, every investment has its own risk attached to it, investment is a risky thing, no matter how authentic it is and with such comes the need for investors to have some sort of protection, which can come in various forms, example of such is the money back guarantee but i'm yet to see this in action when it comes to the blockchain industry I think there should be some projects that have actually returned users investment when they could not make the softcap. Will check for their names later as I cannot remember them now. That will be great, it will be nice to see such, the industry is still growing and they need transparency for people to be confident enough to want to invest, as it is now, a lot of individuals still see the industry as a gambling niche with no room for transparency, coupled with the fact that the market is highly volatile, so such risk free investment is needed |
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Please do anyone know if exchange business is really profitable because it seems to me that almost all new ICOs in the space now are new exchanges, what I feel is that most projects want to be the new Binance which is a 1 in 100 example, Binance has a right go to market model and get it right, I don't know how projects cope now that the market has greatly dumped and for how long we don't know
Of course, there is no guarantee that ONAM will be the next Binance. And it's also true that there are a lot of exchanges already. But in my opinion, ONAM has features like their AI trade assistant that can help it to stick out of the mass. Yea, you're right, no one knows for sure if they will be the next big thing or not and just like i usually say, stating a concept is far more different than implementation, so they may have all the good features one can think of but without proper implementations, they will go nowhere but i believe they will do justice to this and provide users with another form of creative trading experience "creative trading experience" that is something I can relate to, with the numerous features proposed by the Onam team, there is no doubt that they intend making trading fun. Yea, you're right, the world is a pretty competitive place and the survival of any brand depends on the creative process that they have onboard to help them stay relevant, we are used to the trading platforms in the blockchain industry and bringing up something new and creative won't be a bad idea, it will attract users to the platform Exactly, creative process, as well as uniqueness, is definitely needed for survival in the current world and a break from the norm will definitely do more good than harm. Yea, you don't get to survive in a harsh environment without sorting out ways to attract investors to your product/ services, i'm impressed with the features of onam and their aim to bridge communication gap on their platform by having different languages for their customer care, it makes a whole lot of sense to do so as such is a gray area on most exchange platforms |
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