No more incent from theviral exchange?
Yes.Seems they have reached their social bounty budget long before.No more Twitter actions to carry out at TVE I think you are wrong.I earned 2 incent token today.there is still some bounty for twitter but may be a few. They have a percentage of incent tokens allocated to bounties. So, when investments are made new incent tokens are created and a percentage of them is allocated to the bounties. So the more the investments, more incent for Bounty. But, 2 incent token is a very small amount. At current price it is only equivalent to 0.000333 Bitcoin. I believe, there are lots of people hunting for incent tokens on TVE . I too had used TVE these days to gain some Bounty there. I have around 40 incent tokens TVE. Sion, I realised that it equivalent to only 0.0066 Bitcoin only. And now I'm tweeting about incent directly from Twitter(because I support project). |
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No, India has only banned 500, 1000 notes. In exchange of 500 and 1000 we are being 2000. Actually it was a really big step to bring down the black money . And what do you mean by 'just banned', they were banned 10 days ago. This can not have much effect in Bitcoin. For Indians, there are hardly place that would accept Bitcoins for online or offline goods. However, from this a company 'Paytm' has increased its business by 300%. So, India isn't behind Bitcoin rise. However, India can be behind ICN rise.  India isn't banning 500 and 1000 notes because of the "black market", nor is Australia talking about removing the 100 for the same reason. These government pushes towards the cashless society are about making sure everyone can be tracked and taxed to a poverty of government choosing now that the economic collapse is beginning to take effect. It has little to do with rooting out black market corruption and everything to do with cracking down on free market capitalism. If you think its good they're going after monetary freedom in India and Australia why are you even interested in cryptocurrency? I think you don't understand the difference between, 'black money' and ' black market'. I never talked about'black market'. Black money refers to the money that is not tracked by government and hence not taxed. It it illegal hold black money. Second, I didn't talk about Australia. Lastly, i don't understand why I should not be interested in cryptocurrency. |
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No, India has only banned 500, 1000 notes. In exchange of 500 and 1000 we are being 2000. Actually it was a really big step to bring down the black money . And what do you mean by 'just banned', they were banned 10 days ago. This can not have much effect in Bitcoin. For Indians, there are hardly place that would accept Bitcoins for online or offline goods. However, from this a company 'Paytm' has increased its business by 300%. So, India isn't behind Bitcoin rise. However, India can be behind ICN rise.
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Just a few questions,
If I invest now, do I have to return to ico site to receive wings?
I have some eggs in Bounty section, do I to return to ico page for receiving the Bounty?
I just want to invest now and forget about it. Check back when dao is launched on wings.
So, will extend bonus period there are some problems ?
Many ICOs extend bonus period in case of such issues.
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ICO page is very slow. It's not even loading on Puffin browser. When I try Firefox, the button ' participate' isn't working for me. I'll participate in it later this day. They have got about 670 btc till now ! That's great! Does anyone know why Wings uses word ' donate ' but other icos don't? Just try again later. I was lucky and got in just as the gates opened, bought a small amount with my phone wallet on a poor cellular connection on a commuting train. Let the storm calm down and try again throughout the day! The reason they are taking donations is for legal reasons. They can't promise dividends or investment paybacks, but if you are donating to their project you also have less legal means to go after them. In the end it's pretty much a careful choice of words as to stay on the right side of the laws regarding investments, dividends, and what amount of tokens you can claim at the end of the ICO. Okay thanks! Seems like nobody is interested to join the 1% referrals. If some of you don't mind here's my link https://fly.wings.ai/#/?ref=SkepticMarkus. I'll return half of the referral bonus later on.  We are only 2 hours and 12 minutes. 676 btc so far. And most people in Telegram are asking how many confirmations needed. It seems like we are actually past 1k btc already? Where are the Chinese whales? Still sleeping? What time is it now in China?  there is an issue right now with access from China and also some Russia users due to the anti-DDOS system we set up, so we are working ont hat. there's also an issue with the UI that we are working on that is not showing all the amounts. we're working to resolve these! Posting of referral links is not allowed in Bitcointalk forum. Right? So why are people posting their referral links here? It is exploitation of referral system in front of the OP and 'wings.ai' is not stopping them. |
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ICO page is very slow. It's not even loading on Puffin browser. When I try Firefox, the button ' participate' isn't working for me. I'll participate in it later this day. They have got about 670 btc till now ! That's great! Does anyone know why Wings uses word ' donate ' but other icos don't? |
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I think it is pretty funny that you guys want to get paid for a project that might not even launch. Why would they pay you? If you invest in an ICO that fails and price falls to the depths of hell, would you ask the devs to pay you back at the price you invested? You take a risk wether it's by joining in on a campaign or investing in to the ICO.
Maybe they would decrease the minimum threshold of ico. They never said that are going to pay Bounty hunters even if the product is not launched. They always say that, they are discussing what to do. Paying out Bounty hunters from their own pockets seems unrealistic. So, only way is to decrease the minimum Bitcoin requirement. Try would not comment on this before ico ends as they don't how much total investments would be. I think, would start with whatever they get in ico. |
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You have to look for opportunities. There are opportunities where you can earn 1 btc even in 2 days without any investment I remember, CryptoSky earned 75 Bitcoin equivalent in 2 months for translating and moderation Iconomi Russian thread. Also, you could have earned a Bitcoin in one or two days in Iconomi Bounty. One high quality article on Iconomi was paid Bounty which is equivalent to not than a Bitcoin. You can easily write an article in two. It would take around 10 hours to complete an article. So, rightly said that in cryto world there is no discrimination. Even a person from a poor country, of any gender, any age could earn. CryptoSky hopefully would own about 100 Bitcoin equivalent the end this year. (ICN token value is increasing day by day). Which would be equivalent to $70,000  That is just happen at the large ico project, and it is depending on your luck, dude. Just one from a lot of the time. And the correct username is skyrik. Yes, it is your luck. But, I could easily understand that Iconomi would be great. I too wrote an article, got around 0.6 Bitcoin equivalent Every other month, there are many icos running, many of them are scam, many don't reach threshold. Important thing is reading their white paper. Now, I think ARK too would be great. Read their white paper, their smartbridge technology is really the first to introduced and very innovative. You at talking about luck. But the white crypto world based on luck. Anything could happen. You can see a crypto even gain or lose 200% in a matter of days. Actually Skyrik is only CryptoSky ( on Twitter @cryptosky) |
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Here I am.
Jaka
ICONOMI
Sir, one of my question remained unanswered in AMA. Can you take an example that performance fund gets total profit $10 million. And explain how profit sharing would take place.(who get how much) I think several answers posted in the last few days were already correct ... We will provide exact illustrative calculation once we finalize the details (fee percentages). So, couple questions: 1. Are you currently on any exchanges? 2. Why should i invest in ICONOMI? Are you new here ? Iconomi is on Kraken and Liqui exchange. Now don't say that you have never heard their names before  For that you should read this post- https://bitcointalk.org/index.php?topic=1587736.msg16845602#msg16845602 |
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no bitcointalk sig camp bounty?
There was a signature Bounty. But it has already ended . Is there still any bounty available?I can see the ICO still 2 days left to start.so want to know if i am eligible to earn some free eggs in any way.
thank you
Yes, Twitter Bounty is still live. Retweeting and liking and following wings dao Twitter account would earn you free eggs. where we can check our earn from retweet and like? i check on https://bounty.wings.ai/#/ but my earn not increase from first follow On Bounty. Wings page connect your Twitter account to it. Then go to Twitter and like the posts. Please note that retweets of tweets will only be counted if you retweet it within the tweeting that. |
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At least you guys get refund, but my translation work won't be paid.  A lesson: never join a bounty which there is a threshold to get paid, wasting my precious time and got nothing, fuck. Don't worry. You will something for your work. Sergey has said that he would find a solution to this . Hopefully he would pay something to Bounty hunters. See this link to his post- https://bitcointalk.org/index.php?topic=1623519.msg16876594#msg16876594 |
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Here I am.
Jaka
ICONOMI
Sir, one of my question remained unanswered in AMA. Can you take an example that performance fund gets total profit $10 million. And explain how profit sharing would take place.(who get how much) Can you please answer it- Can you take an example that performance fund gets total profit $10 million. And explain how profit sharing would take place.(who get how much) |
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You have to look for opportunities. There are opportunities where you can earn 1 btc even in 2 days without any investment I remember, CryptoSky earned 75 Bitcoin equivalent in 2 months for translating and moderation Iconomi Russian thread. Also, you could have earned a Bitcoin in one or two days in Iconomi Bounty. One high quality article on Iconomi was paid Bounty which is equivalent to not than a Bitcoin. You can easily write an article in two. It would take around 10 hours to complete an article. So, rightly said that in cryto world there is no discrimination. Even a person from a poor country, of any gender, any age could earn. CryptoSky hopefully would own about 100 Bitcoin equivalent the end this year. (ICN token value is increasing day by day). Which would be equivalent to $70,000 |
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If we reach BTC2000
Total participants in sig campaign= 1000
Average stake = 50
Weeks 7
total stakes= 1000*50*7 = 350000
Total token = 350000
token per stake = 350000/350000= 1
So in case of me, I will have (sig stakes+ avater)*6 weeks= (60+10)*6= 420
So after launch I will get 420 ARK token.
Am I right ?
If total budget is 20 BTC, assuming 1% of ICO fund. I will receive 420 tokens that will worth BTC0.00005 per token. Am I right ?
First thing, I think there would be 1000 participants of signature campaign. But, if you are assuming it to be 1000. Let's continue the example. Yes, your calculation is right, you receive 420 ark tokens. But, I think you have done some mistake in calculating price per token. Total 125 million ark would exist. Out of which 75% is for sale in ico. Which means 93.75 million ark Assuming the total collection to be 2000 btc. Price per ark= 2000/93750000= 0.000021333 btc Which means you get btc equivalent 0.00896 btc for 420 ark tokens. Note that I'm taking average price of ark. Price oi ark differs at different bonus rates. |
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no bitcointalk sig camp bounty?
There was a signature Bounty. But it has already ended . Is there still any bounty available?I can see the ICO still 2 days left to start.so want to know if i am eligible to earn some free eggs in any way.
thank you
Yes, Twitter Bounty is still live. Retweeting and liking and following wings dao Twitter account would earn you free eggs. |
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Who do you think is paying for Iconomi employee salaries? Profit = Revenue - Expenses. 30 employees averaging $100K USD fully loaded is $3M. Nevermind other expenses related to running the platform. Just saying.
For that please first read faq art Iconomi site. It says, How much is distributed as dividends to ICN token holders? ICN token holders receive everything, after the operational costs of the service operator have been subtracted. Please note that we will be using the capital raised during the ICO for coverage of operational costs and will not participate in profit sharing as long as there are ICO funds left over.
See, this is why elsewhere I have asked about "Class A" and "Class B" shares to split up ICNP profits among original ICO participants and later invited investors. Say 100 invited people contribute the second $5M. Why is it fair for the "$4M chunk of profit" above to be divided among ALL 3500 ICO PARTICIPANTS instead of the 100 INVITED PEOPLE WHO CONTRIBUTED THE SECOND BATCH OF ICNP MONEY?
I would argue that in this example, if there is $10M of profit, it should be split into two profit chunks of $5M each, all ICO participants should share 20% of the first $5M chunk BECAUSE THAT WAS THE DEAL THAT WAS AGREED TO BY ALL PARTIES, and that some proportion of the second $5M profit chunk should be split ONLY among the invited 100 contributors. What that proportion is has yet to be defined....
So, where would the 80% of the first chunk go. I believe, we would be receiving 20% as fees from profit made by invited investors. By the way, I don't remember any official statement about that 20% share get. Please share the link if you know. For me, it has become confusing now. I'd ask Iconomi team to tell us more about performance fund profit sharing. |
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....I will definitely need to have a few btc set aside for when the performance fund is offered to ICO participants."
that is if they will not reach the limit. there are lots of investors waiting to get into it, wanting to be a big player. If I have the btc, i'd be the first even if not invited. but just in case, its a good thing to have btc ready. Can somebody please explain to me how profits from an expanding ICNP cash pool is going to work? At the end of ICO, all the BTC above 10K BTC was allocated to the ICNP, about $4.6M total. OK. In the near future, there will be weekly dividends distributed among ICN token holders, and those dividends will represent 20% of the profits made by the ICNP for that week. OK. So far so good. Now 'let us pretend" about the future. ICONOMI says they will send out invitations to ICO participants to "invest" more money into the ICNP. In round numbers, assume that BTC appreciation has turned the original ICNP pool of $4.6M into a nice, round, even $5M today. Let's also pretend that ICNP accepts / gets an additional $5M from ICO participants to increase the ICNP cash pool. The ICNP now has $10M, half from the ICO, half from invited participation. So now it's Jan 2017 and the ICNP makes some profit. How does that profit flow down to those who have invested in the ICNP? 20% of the profit goes to ICN token holders. This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair? Regardless, now we've still got 80% of the profit we have to allocate. How much of that goes back to invited participants? And how? Can the invited participants "give" their share in this profit to somebody else? If so, how? By a new "ICNP" token? Just sharing my writeup here that I am submitting for tomorrow's Reddit AMA... ICNP will have it's own token (as far as I remember non-tradable). Final numbers of the fund are not yet released, they should be published before the invites are sent. I believe 80% of the profits will go to ICNP direct investors, and 20% to ICN holders. This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair? I think it is a fair game. 20% is from realized profits, if ICNP has more funds - it is better for ICN holders. Just like ICNX (2% passive fees) - the more money is in the fund, the bigger the profit/ICN is. I would like to suggest come corrections to it. Suppose, $ 5 million from Ico money is invested in performance fund and the rest 5 million comes from investors. Suppose , the profit from performance fund is $ 10 million. So, icn holders would get 50 + (50 * 20%) = 60% The five million dollars belong to us, which implies we ask have together invested in performance fund five million dollars. So this means icn holders get 50 % of profit The rest five million dollars which come from the investors, the investors 80% of profit from that five million only. So icn holders get another 50% * 20% of the profit. This sums up 60% . This is what I've understood. Correct me if I'm wrong. I didn't get that parf "icn holders would get 50 + (50 * 20%) = 60%" If and when Iconomi will send invitations, it means that they need more money for the performance.fund Once that fresh capital enters the fund, it "gets mixed" with the pre-seeded ICO money, meaning it doesn"t matter from which money the investments are made. So if the performance.fund has a policy of 20% profit to be paid to share holders, it means that the remaining 80% will be paid to icnp token holders.. After all, icnp token holders bought-in directly into this fund (that is why icnp tokens won't be tradable). Think it this way, Iconomi itself has invested $ 5 million and another$ 5 millions get from other investors the performance fund. If there is a profit of $10 million. $8 million goes to its investors and $2 million to ico investors. Out of that $ 8 million , Iconomi (as it has invested half the total capital, gets half of the profit which the investors get in total ) gets $ 4 million. We own profit Iconomi. So this $ 4 million belongs to ico investors. So, In total we get $ 6 million (which is 60% of total profit). Edit: I will confirm this thing from Devs AMA. |
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....I will definitely need to have a few btc set aside for when the performance fund is offered to ICO participants."
that is if they will not reach the limit. there are lots of investors waiting to get into it, wanting to be a big player. If I have the btc, i'd be the first even if not invited. but just in case, its a good thing to have btc ready. Can somebody please explain to me how profits from an expanding ICNP cash pool is going to work? At the end of ICO, all the BTC above 10K BTC was allocated to the ICNP, about $4.6M total. OK. In the near future, there will be weekly dividends distributed among ICN token holders, and those dividends will represent 20% of the profits made by the ICNP for that week. OK. So far so good. Now 'let us pretend" about the future. ICONOMI says they will send out invitations to ICO participants to "invest" more money into the ICNP. In round numbers, assume that BTC appreciation has turned the original ICNP pool of $4.6M into a nice, round, even $5M today. Let's also pretend that ICNP accepts / gets an additional $5M from ICO participants to increase the ICNP cash pool. The ICNP now has $10M, half from the ICO, half from invited participation. So now it's Jan 2017 and the ICNP makes some profit. How does that profit flow down to those who have invested in the ICNP? 20% of the profit goes to ICN token holders. This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair? Regardless, now we've still got 80% of the profit we have to allocate. How much of that goes back to invited participants? And how? Can the invited participants "give" their share in this profit to somebody else? If so, how? By a new "ICNP" token? Just sharing my writeup here that I am submitting for tomorrow's Reddit AMA... ICNP will have it's own token (as far as I remember non-tradable). Final numbers of the fund are not yet released, they should be published before the invites are sent. I believe 80% of the profits will go to ICNP direct investors, and 20% to ICN holders. This 20% share going to all ICN holders is a larger amount due to contributions of the invitees than it would have been without them - is that fair? I think it is a fair game. 20% is from realized profits, if ICNP has more funds - it is better for ICN holders. Just like ICNX (2% passive fees) - the more money is in the fund, the bigger the profit/ICN is. I would like to suggest come corrections to it. Suppose, $ 5 million from Ico money is invested in performance fund and the rest 5 million comes from investors. Suppose , the profit from performance fund is $ 10 million. So, icn holders would get 50 + (50 * 20%) = 60% The five million dollars belong to us, which implies we ask have together invested in performance fund five million dollars. So this means icn holders get 50 % of profit The rest five million dollars which come from the investors, the investors 80% of profit from that five million only. So icn holders get another 50% * 20% of the profit. This sums up 60% . This is what I've understood. Correct me if I'm wrong. |
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I don't know if it was answered already or not but I would like to know the fate of this ICO in case you don't achieve your targeted money will this be carried on with available funds or it will be canceled ? I am interested to know this part as the target is seeming hard to be met in such little time.
If Inchain will not raise enough then will full refund. how about a bounty signatur campaign fb, twitter etc ? y :Dou pay or ... ? All the Bounty is to be paid in INC. If enough are not raised, INC would not be deployed. Which means no Bounty at all. This question been answered several times Sergey. : ok so i been promoting for almost months and if the project fail and i got paid nothing? :/ can't they just distribute the tokens for bounties as i heard they said they will continue their project? Anyhow, do you think i should keep it for 9 more days or skip to other project? Thanks They said that if they don't get enough funds, they won't deploy tokens. They would still work on the project without the tokens. So there would be tokens at all, so it makes no sense to give bounties. If you have done it for months, keep doing it. Maybe on last day, I reaches threshold. However, chances are low. But if it happens, you would get high rewards. Since there are very less number of people participating in campaign. Try your best to gather more investors ! Now, it's a challenge for Bounty hunters drive more investors, it they want rewards.Do you think there's chances to get paid in btc as member who promote their projects? Because previously i was stuck within Inchain and Incent, well i guess inchain will be x10 times much better than incent, guess i was wrong tho, incent has more support :/ Yes, the people who promoted Inchain should be rewarded. But, if the Inchain refunds all money. To pay bounties they have to pay from from their own pockets. They can that. But, I can suggest a better solution. Whenever Inchain launches its platform, it could pay these bounties from that profits. Problem would be that, launching of Inchain may take a year. Make a deal with Inchain to pay you later or atleast small amount, after the ico ends. |
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I don't know if it was answered already or not but I would like to know the fate of this ICO in case you don't achieve your targeted money will this be carried on with available funds or it will be canceled ? I am interested to know this part as the target is seeming hard to be met in such little time.
If Inchain will not raise enough then will full refund. how about a bounty signatur campaign fb, twitter etc ? y :Dou pay or ... ? All the Bounty is to be paid in INC. If enough are not raised, INC would not be deployed. Which means no Bounty at all. This question been answered several times Sergey. : ok so i been promoting for almost months and if the project fail and i got paid nothing? :/ can't they just distribute the tokens for bounties as i heard they said they will continue their project? Anyhow, do you think i should keep it for 9 more days or skip to other project? Thanks They said that if they don't get enough funds, they won't deploy tokens. They would still work on the project without the tokens. So there would be tokens at all, so it makes no sense to give bounties. If you have done it for months, keep doing it. Maybe on last day, I reaches threshold. However, chances are low. But if it happens, you would get high rewards. Since there are very less number of people participating in campaign. Try your best to gather more investors ! Now, it's a challenge for Bounty hunters drive more investors, it they want rewards.The rule is the most ridiculous I have seen, damn they just need free promotors for them? The problem was that their estimation went wrong. They should have thought how difficult it is to gather that amount. On top that , there were several icos just before it's ico, which further decreased the potential. Then spacemanone pointed out some flaws in the research by Inchain. Remember, ' Money attracts Money'  . If They had set a goal of 2.5 m dollar. And they got over 1 million investment on the first day, they could even reach 2.5 m dollar. Yes, would be doing free promotion them. But even the Inchain would be in a loss. It would take much more time establish their project |
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