I still stand by the fact that i think the reason they are doing so well and did so well on Huobi was because people can pretty obviously see the project isnt a get rich quick scheme but a well thought out concept to improve something thats inherently broken and pissing people off daily
It only takes one few minutes to go through their website and come to an agreement with your statement. They’re well focused couple with a brilliant idea. Their idea only has made a lot of people backed them up coupled with the fact that they did not have a public sale or an airdrop for their project. The only give away they have done is the weekly AMA. I got a question about this weekly AMA. Where will it be hosted? Will it be a livestream where one of the team answers the question that were collected over the week or will it be on Telegram or Reddit where you can ask them directly? |
|
|
|
So what was their last news on their progress? Have they already finished MVP or not? Could anyone find their latest official update on the progress other than the Telegram?
They have not finished MVP. I think you can follow the news on social networks. Ya their posting a good bit and if you want more up to date than that you can always go to the teams chat they are active there i mean the fact is the MVP will be a bit moment but patience to get it right and not trip right out of the gate is important Thank you guys. So team is active ; but their MVP is not released yet. Which means This is not dead and still on fire. Yep you are correct. We've to keep in touch without getting any bad vibes on them. With the market condition it is possible to delay their work Of course, it's not dead at all! ONAM already managed to raise an amount of about 2 million USD and only because the MVP is delayed that doesn't mean that the whole project is going down the drain. |
|
|
|
Bitmax Exchange looks fancy and easy to use. And now there’s the Reverse Mining and Transaction Mining where users earn back fees and mine BTMX token while you trade these for USDT or BTC right there.
Do I have to go through a Lengthy KYC procedure for new users on the exchange?
I haven't come across any information on KYC process yet but I guess it shouldn't be that tedious as we have come to know KYC process for, Ideally exchange should have KYC process in place If I remember correctly, you can't withdraw from the exchange without KYC and Google authentication. But for the lowest stage all you need to enter are basic information and to set up 2FA. This way you can withdraw 2 BTC daily. If you want more, I guess you'll have to provide more information/documents. |
|
|
|
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 The numbers of votes is what actually surprised me I hadn’t realized so many people knew about Cova and they were up against some decent competition it’s a great moment though was not it like having more votes when you have more tokens? I do not think that there are so many people who participated in the vote Yeah, it was like that. The more Huobi tokens you had / you were willing to spend, the more votes you could've made for your favourite token. |
|
|
|
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. Of course, they are probably busy with their ICO but I am sure they know that a working MVP would potentially boost their sales a lot. So they should make the release a top priority. |
|
|
|
Yes, i believe that's the main aim of the team and frankly, the development of their technical aspect is the right thing to do, this project is quite huge not to go unnoticed because once they have fully implement their technical aspect and it becomes up and running, it will build the community much faster than expected, i'm pleased about their journey so far
Well, I also think developing the project in the technical aspect is very important. But there should be a good balance. Everyone who invested in the private sale or now during the voting process has the right to get to know these information. |
|
|
|
|
I was just checking cmc for BTMX and the BitMax but could find neither the token nor the exchange. Does anyone know what it will take for Coinmarketcap to list them?
|
|
|
|
|
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 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 This is definitely a big win for Cova getting listed for one of the top 10 exchanges is progress. Congrats to Cova and the community for their efforts. I hope to see cova on more exchanges I guess the fact that they were funded by Huobi Capital also helped to get listed on Huobi. But to get listed somewhere else, they probably gonna need a high demand/high volume on Huobi to spark the interest of other exchanges. |
|
|
|
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? BTMX is the token of bitmax.io and it’s trading in the exchange. Although it’s not on any other except bitmax. There’s BTMX/USDT BTMX/BTC pairs already with volume on the exchange. Does bitmax.io team plan to list BTMX on a different exchange? Even though I don't know for sure, I think they won't try to list BTMX on another exchange. It's the native token of BitMax and it doesn't make sense to spend time (and money) to list it on an other exchange. |
|
|
|
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 am not sure what you mean exactly. What other promotions would you suggest to the team? Something like a Telegram Airdrop that floods the Telegram channel with people spamming the chat for free tokens? I think they already do enough. It's not a matter of chance that they already raised more than $ 2M. |
|
|
|
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 This information is so important! Sometimes I have the feeling that they are focusing so hard on the technical side of the project, that they tend to neglect such things. I am now really glad that they know they have to publish it as soon as possible. |
|
|
|
so, I have just created an account with Huobi, a few ETH are on the way there.
From me the trade with Cova can start soon :-)
For me, this is one of the most promising projects at the moment. Even if it takes years
Is there any news yet about when the tokens will be listed and when the trading will start? I guess they will distribute the private sale and airdrop tokens first before the trading starts? |
|
|
|
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 :-) Yeah, I wouldn't be too sure that the market has made a turnaround and is now rising again for longer. But yeah, we will see. I am just not soo optimistic. |
|
|
|
The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers It was a great decision of ONAM to also accept fiat (USD) at their sale and to convert their cryptos to fiat when they got them. Otherwise, their budget would shrink every day. really I wished they had pegged the sale to USDT, but with the market coming up they would recover from any loss of funds that the market may have caused Well, it seems they already converted their cryptos to fiat, so even if the market recovers now, that won't change that much for them. But I think they were raising the funds while ETH was low. I think if they believe ETH or the currencies they raised will recover they could double their raised amount if they hodl  Or it could be the other way and what we are seeing right now, is just a short uptrend before the market goes down even further. It's hard to predict (at least for me  ). |
|
|
|
The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers It was a great decision of ONAM to also accept fiat (USD) at their sale and to convert their cryptos to fiat when they got them. Otherwise, their budget would shrink every day. really I wished they had pegged the sale to USDT, but with the market coming up they would recover from any loss of funds that the market may have caused Well, it seems they already converted their cryptos to fiat, so even if the market recovers now, that won't change that much for them. |
|
|
|
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. |
|
|
|
You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed
These days KYC is getting much easier. Only thing is team needs to be careful about choosing a right partner to do this in an efficient manner. Most crypto community guys do hate kyc although we have to realise that it is for our good and most times it doesn't take most of our time. I agree, It's really for our own and the projects goods too. But doing kyc sometimes are really an annoying thing specially if the project is really strict about their needed documents. I hope bitmax will not going to be like that. Well, for me it's just that I really feel uncomfortable when I have to upload my personal documents to the internet. I know the projects have to do KYC do be compliant to regulations but I always fear that the KYC documents get in the hands of an unauthorized third party (hacker etc.). |
|
|
|
I agree, We need some exact details of what's really happening because most of us really expecting to have the mvp. But I know there's really some good reason why the mvp is really delayed that much.
We should be patient a little bit more. Maybe we will get it this week (the end of November) or maybe this weekend. However, if there are more delays they should make an announcement very soon about how long it will take for them to release it. |
|
|
|
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. |
|
|
|
|
Show Posts
