As i went through the BCNEX website i found they mentioned Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.
They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m. The information on the website meant that 38.78% of $30m has been received which is about $11.634m. From the computation the softcap has been long achieved with an excess of over $9m. BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now? I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes. |
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As i went through the BCNEX website i found they mentioned Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.
They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m. The information on the website meant that 38.78% of $30m has been received which is about $11.634m. From the computation the softcap has been long achieved with an excess of over $9m. You gave an astounding explanation of the relationship between the hardcap and softcap of Bcnex and all my doubts have been cleared. I noticed that the hardcap has been static for a while, does that mean that tokens are not been sold? |
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We ask that you please bare with us whilst we organise an official announcement on our forward movements.
The Softcap is our sole focus because then we can get on with creating our proof of concept and prove our commitment.
The brick wall, we're working hard to smash through, has been put up by the scammers of 2017 and in turn we have to prove our trustworthiness.
The community is eagerly waiting for the way forward, the terrain has indeed been very rough, but we trust that by hardwork and greater commitment, the project would move forward. |
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I found a few tweets about BCNEX. Twitter is a great place to talk about cryptocurrency and new exchanges and investing in ICO. It would be nice to get the word out, let twitter crypto influencers talk about BCNEX. If they believe in BCNEX, its going to mean so much for the tokensales.
Am in agreement with your position, using cryptocurrency influencers could have a substantial impact on the number of tokens sold. Bcnex only need to be careful of the influencer chosen, because some of them are beginning to loose your reputation in the cryptocurrency space. |
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Well in my opinion for bounty there should not be KYC criteria if do so than it should be free for the bounty hunters or they should simply remove the charges and make it free.
The obvious truth is that kyc is not meant to be a criteria for bounty participation. Kyc is meant for investors because they're the client or customers of the project as the name implies KYC - know your customers. For the case of Bcnex, its understandable, because payment is made to the exchange and kyc needs to be completed to trade and make withdrawal. |
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Minedblock team has a promotion going on right now for the token sale. The promotion is being taken care of by a third party project, bountyOx. Anyone can participate and earn rewards in cryptocurrencies.
After seeing the benefits of MBTX & MBTU I already participated in their twitter bounty on that platform. Is this really great opportunity to gai some tokens. I'm very lazy theses days for bounty. Been quite sometime I engage in active bounty. Maybe it's cos of the low return in earnings. What's the total prize to be distributed for Mineblock bounty? The major reason for my discouragement with the bounty is that it's taking too long and the extension is disheartening. In fact the bounty would be a waste of time if the soft cap is not reached. I only wish that the project is not abandoned after my months of labour. |
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As per the roadmap BCNEX planned to launch trading platform by Q2-Q3 2019. BCNEX team will launch exchange in Q3 or there will be delay  Based on the update released lately, Bcnex would lunch the platform by next month which is July. I believe that's in tandem to the roadmap of the project. The team has been judiciously working and committed to keeping the roadmap. |
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I am interested in the sales concept that you offer, why do you provide each BCNX sales period for each currency, and are you not interested in using the IEO
They chose ICO to raise funds. And it seems to be working out for the project. They dont need to start up a new offering. Anyone who believes in BCNEX project t and ready to pay their utility tokens can do that in the ICO token sales or on the exchange when it is listed. ICO indeed is really working out for bcnex despite the fact that most projects are switching to IEO for their tokensale. I'm of the opinion that what really matters is the concept and content of the project, not its method of raising funds. BCNEX project is remarkably innovative, that explains why the ICO sold out. Am in agreement with your opinion, what is of immense importance is what a project has to offer. Investors look out for what benefits is to be accrued in the future and key in to take advantage of what the project has to offer. |
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Is there a reason why the bounty allocation is higher for the second phase? Or it's just a random allocation. And when is the bounty starting or is there a link i can check for that information.
It's not a random allocation. The phase two bounty campaign carries more campaigns compared to the phase one. About 300,000 tokens were added to phase one allocation to accommodate for the increase in the campaign. The bounty has long started for other campaigns, but the social media campaign will start tomorrow. You can check out the link for easy access. - https://bitcointalk.org/index.php?topic=5149292.0I am surprised to see that still so manyu people are interested in bounty campaigns. Come on guys.. wake up and move forward. It's quite funny that you're surprised about so many people interested in bounty campaign when you're actually wearing a signature for a project. The last time I checked, signatures campaign was a segment of bounty. Yes, that's true. Signature is also a form of bounty, but I guess he was surprised about people still engaging in social media bounty. Social media bounty is the least lucrative in several projects including bcnex. Only 50,000 tokens was allocated to the campaign and it was capped at 1000 participants, if evenly shared, which is unlikely, every participant gets only 5 tokens which is less than 2.5$ ICO price for a period of 4 weeks. You'll agree with me, that it's not worth the hassle. Am in agreement with your position, but I doubt that the participants will be up to 1,000 and secondly participating with high number of followers will give you more stakes. Its best to participate with different social media handles like twitter, Facebook and telegram in this case to make something substantial out of the bounty. |
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Bounty for bcnex?? Hope it doesn't impact its investors and IEO performance.
Any link for more details though..?
Bounty has a positive impact on the IEO performance because its an additional means of creating awareness and publicity. This could go a long way in attraction of potential investors and assist in ensuring that the hardcap is attained. In my opinion, bcnex really needs this bounty more than ever, the increase in hardcap has brought up a higher need for more investments and the bounty would help to reach out to investors through social media and this could in turn translate to more inflow for the actualization of the project hardcap Am in agreement with your opinion, bounty has been one of the most utilized method of advertising in the cryptocurrency industry. Most projects employ the service of bounty hunters to help reach out to the Investing public about the existence of the project and the innovation its bringing to the space. |
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I wished ethereum was for social media bounty or for all the bounties, the zeal for bounty hunting would have multiplied in my heart. It would be a great idea to utilise ethereum for paying bounty hunters, it would reduce the pressure on the token as bounty hunters are always eager to dump.
It would interest you to know that bounty hunters would accept and appreciate half the amount received for the bounty presently, if they were paid in ethereum. Most projects prefer giving their tokens to bounty hunters and sit back to complain that the value are dumping as a result of the effect of bounty hunters sales instead of fixing the issues ab initio. |
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Social media bounty is good way to earn tokens, hope I am not too late. Will try to participate in this bounty, let's see how much token I can get.  You're just in time, the social media campaign begins by tomorrow, do well to add it to your schedule for tomorrow. It promises to be great and huge number of tokens as well as ethereum has been set aside for the bounty. |
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