I found this earlier on,
is this structure still valid or....?
"Amount raised VS Profit Share
If less than 1 million usd if raised then the proportion raised will determine the % profit share. So the amount raised from 0 – 1 Mill usd will determine the % profit share from 0 – 40%. Everything over 1 Mill means the standard 40%."
So currently they have raised 370k USD, so need to raise 630k more to hit the 1 million minimum for 40% bonus, which would be around 20k ETH. So for 80%, need to raise another 20k eth.
There is a base rate. This is between 7.5%- 40% based on how many ETH we raise. After the launch of Ethbits iTrade we will share 80% the 1st year and 60% the second year which then returns to the base rate (between 7.5-40%) We have now reached our minimum funding goal so the project is 100% going ahead thank you for all the support! There is a few more days left to get tokens while the price is cheapest. I had to delete a few threads because they were nonsense. Our development team have already made and exchange with ZERO security issues. They are also equity holders in the business. Exciting times ahead and thank you for all the support so far! |
|
|
|
Bitcointalk UID: 221481
Bitcointalk Name: lyka
Rank: Hero Member
Current post count: 544
ETHER address: 0x13a776B181691378216633D0882556410C71B058
1: You must first wear the signature + avatar 2 : We will only be able to start his count only to the day he will do it not from 18 april So there is a possibility. Ethbits is 180 Eth from the minimum so we are in the green light. no risk you will all get bounties. |
|
|
|
WTF? I post 7? I had 17 posts, if you exclude so many posts without explanation, I consider you are scam.
most of your post are made in a LOCAL section . please check the rules. Thank you. WTF? I post 7? I had 17 posts, if you exclude so many posts without explanation, I consider you are scam.
I think it's because you were posting in a different language (the campaign might be English only posts). exactly  -Posting sections: Local boards, Off Topic, Lending, Auctions, Politics & Society, Beginners and help, Archival, Press, Investor based games, or Micro earnings will not count.
|
|
|
|
Where can I buy ether to participate in ICO.If I buy from exchange.do I need to first send it to myetherwallet before sending to ico address?
You can buy Ether from www.coinbase.com www.kraken.com and www.poloniex.com. When you buy never send your ETH from exchange to the ico.ethbits.com you send to www.myetherwallet.com (makesure you have your private key very very safe). Then after the crowdsale the ETHBIT Tokens will come back to the private key you have which can be opened using myetherwallet or imported into an ETH wallet like Mist etc. If you go to ico.ethbits.com we have live chat all the time there. |
|
|
|
The required minimum will be achieved without any trouble in a day or two. The limited supply and 80% profit sharing will make this exchange successful and the very valuable to the token of course in the same time. If I say it one of the important projects will not be over talking about it.
It is not 80% profit - it is "up to 80%" depending on the raised amount. if they only raised the minimum of 7500 ETH - then the profit share is only 10%. So be aware of it. From the contribution terms and conditions:Appendix A - Profit sharing
Amount raised VS Profit Share
The amount of gross profit ETHbits will share is dependent on how much is raised during the Crowdsale. For every 1000 ETHER raised over minimum funding goal 10000 ETH Ethbits will share 1% of the gross profit.
Raised 10000 ETH or less - Profit (GROSS) share 10%
Raised 20000 ETH or less - Profit (GROSS) share 20%
Raised 30000 ETH or less - Profit (GROSS) share 30%
Raised 40000 ETH or less - Profit (GROSS) share 40%
plz can you explain better? i'm really interested because i don't understand... our profit is linke to the ICO ETH gathered? 7.50 eth limit is near, but are joined jus 198 users.. not so much Hi there we made the profit share proportional to the amount of ETHER raised in order to encourage investors to share Ethbits to their friends. Basically for every 1000 ETH we raise that is a 1% more profit share. So if we raise 10k ETH the site profit share will be a base rate of 10% but there will only be just over 1 Mill Ethbit tokens to share the profit amongst. If we sell 4 Million tokens then we will distribute 40% of the site profit among 4 mill tokens. So the actual amount of dividends you receive should be the same regardless of 10% with 1 mill tokens or 40% with 4 Mill tokens. I hope I made that clear? If not then please say and I can try break it down some more for you in another way. I decided not to participate in this ICO, since the roadmap shows quite long times before developments will be finished. Moreover, limited ICO funds might slow down the process. I hope you will have a good ICO and will succeed with reaching enough funding!
Thank you for considering. We have set a minimum which will ensure our development will not be slowed down and remember we have Ethbits Local ready to launch next month that will start generating revenue. If we only sell 1 Mill tokens then that will potentially better better for the investors due to the reduced supply by burning unsold tokens. We will be sharing profits from the start and people need to buy them to pay site fees. That will be interesting indeed. All opinions are welcome though and actually appreciated because at this early stage we can easily tweek a few things if the opinions are good. For example we totally restructured our ICO sale price and token issuance after listening to what the investors wanted. Good luck with your future investments and thanks for checking us out. |
|
|
|
sure ! please, just follow the explainations provided in the OP . |
|
|
|
Please tell me what is the meaning of the red mark in the form? Why only two times a week?
I think red mark in the form means, he/she is already removed from the campaign since he/she did not follow the procedures from OP. No : this mean the minimum weekly posts is under the minimum required ( 10 posts / week ) Please tell me what is the meaning of the red mark in the form? Why only two times a week?
cause most of your posts are made in LOCAL sections.. please read the rules. Thank you. |
|
|
|
Hi ethbits admin
I tried several times to contribute in etb ico from myetherwallet.com but always failed with notification :
"Contract 0x3cd4351f3c962f871024efef2922ae39896e4761
Warning! Error encountered during contract execution [Bad jump destination] "
and I've already charged by myetherwallet.com everytime I tried to send eth to ethbits.
Can you tell me how's the problem and how to fix it.
Thanks
Please Join us on our Telegram Group https://t.me/EthBitsChatroom , or join the live support on our website https://ico.ethbits.com , some Team members will help you to solve this issue. |
|
|
|
Hi ethbits admin
I tried several times to contribute in etb ico from myetherwallet.com but always failed with notification :
"Contract 0x3cd4351f3c962f871024efef2922ae39896e4761
Warning! Error encountered during contract execution [Bad jump destination] "
and I've already charged by myetherwallet.com everytime I tried to send eth to ethbits.
Can you tell me how's the problem and how to fix it.
Thanks
1. I will now contact MyEtherWallet team and report the issue with their gas estimator giving wrong values and causing transactions to fail, so they can fix MyEtherWallet 2. I will change the crowdsale widget UI, so that it is particularly clear about this issue and warns users beforehand 3. I will write an email about the issue. We can send this email to all email addresses collected during the crowdsale. The message states they should check their transactions (instructions for etherscan) and resend the transaction in the case they were hit by the issue. So will be fixed ASAP Unlike most exchanges ETHBITS will be distributing up to 80% of the profit to the holders of the site token. Ethbit tokens will be used to pay site fees and the holders of the token will get paid royalties quarterly. Ethbit tokens will be spendable with the new mycelium card so our users can spend crypto anywhere in the world securely and with ease.
This will never get listed on Poloniex or Bittrex.
We will be partnering with new exchanges (already arranged) and competing against the ones you mentioned. Polo make sometimes 1 Mill usd per day. If they paid 40% of that back to token holders lots of people would be rich as opposed to the few people involved. Getting listed on Polo means nothing at all to us in the slightest. We will be their biggest threat. |
|
|
|
More than 5 k. ( at the moment ) |
|
|
|
Hi there please DO NOT send money from an Exchange. You will need to go to www.myetherwallet.com and get your private key secured. Then load this address with Ether and send from there. Then the Ethbit Tokens will automatically be sent back to this address 2 weeks after the crowdsale. We will provide a guide. |
|
|
|
|
Hi All. If you remove your Signature before 15th May then you will not be counted towards the bounties.
Also we will be starting another few weeks campaign. You can either stay in or join again for more of the proportion of the 3% distributed.
|
|
|
|
I dont understand why in the ICOtracker, it says that escrow in ethbits is 0. Can someone please explain it?
Thanks.
0 means that the escrow is not rated. This means that the Curator did not find information about specific people and could not contact them, to confirm their participation as an escrow Fran from bravenewcoin who is the principle escrow agent came on the old thread an announced it. You can contact them at the following sites www.bravenewcoin.com and www.tokenmarket.net to confirm if you wish. If there are concerns we can ask a representative from token market to also confirm it. |
|
|
|
Things so far have been going well at Coinfest. One of the most interesting things is a potential partnership between Ethbits Local and a Bitcoin ATM company.  Hi. Regarding the SIG campaign we have assigned 3% of all coins to the participants. After the ICO we will calculate how many posts you all have done and then divide equally. we will make it all clear on the spreadsheet. This will work out better than giving you a fixed amount due to the number of participants. Actually probably a lot better so I hope you are happy with it.
3% of all coins? Does it mean it is 3% of 5mil tokens? Just wanna make it clear, so it will be 150000 wthbits for the signature campaign? Am I right? How many tokens allocated to the signature campaign? 3% of all tokens sold so you will be happy if you are participating. So I am a bit confused now. In the ANN it states '4 mill tokens will be sold during the Crowdsale and all unsold will be burned'. But later it says that '2 Million tokens will for 0.11-0.13 ETH during Token crowdsale' and '2 Mill tokens will be for sale upon launch of the site until sold for a fixed price of 1 ETH each'
--> How many tokens will be for sale during ICO? 2 Million or 4 Million? Will there be a sale after ending of the ICO at a price of 1 ETH/ETB? I don't understand...
Furthermore; on the ICO website it says a price 0.1-0.13 ETH each, but here in ANN it says 0.11-0.13 ETH each? So what is the price during ICO, between 0.1-0.13 ETH/ETB or 0.11-0.13 ETH/ETB?
Any clarification on this possibly? Would like to know this before i can decide to participate in the ico or not. Hi there sorry for the confusion. We did change to pricing structure based on the communities concerns. so the new price is: Week 1 0.01 ETH per ETB 1st Week Week 2 0.011 ETH per ETB 2nd Week Week 3 0.012 ETH per ETB 3nd Week Week 4 0.013 ETH per ETB 4nd Week If you find any information contrary to this anywhere please let us know. This is the price in the white paper. |
|
|
|
|
Hi all! We need to ask you something. We want to grow this signature campaign a lot. But we need to know what would make people join more? We can not escrow for this it is impossible as it is a token not made yet and we are unsure how much you will get apart from a % of the amount sold in the ICO.
So if anyone has any ideas to maximise our campaign please do. The more we have awareness the more our tokens will be desirable and the more value. So even if you are in the campaign now you will get a lot of tokens but if we add more people you will have slightly less tokens but the exposure will increase the sell value of the tokens. So the more people means the better for everyone. We have a lot of interest from big investors but we need diversification of investors so the signature campaign is important for the health of trading of the token.
Any ideas are welcome as to how to grow this and thank you to all the existing participants it is very much appreciated.
|
|
|
|
regarding the rules of the campaign, there is one that I think should be skip.. "-1 post per week must be in The EthBits ANN" - ANN Thread is currently lock so we cannot do it anymore. It seems that this is also a good platform.
Indeed, you can read the white paper and invest afterwards. This will be a successful project. Hi. The ANN thread is still alive. it has just moved : https://bitcointalk.org/index.php?topic=1852294.msg18429148#msg18429148 Regarding the SIG campaign, we have assigned 3% of all coins to the participants. After the ICO we will calculate how many posts you all have done and then divide equally. we will make it all clear on the spreadsheet. This will work out better than giving you a fixed amount due to the number of participants. Actually probably a lot better so I hope you are happy with it. |
|
|
|
|
Hi. Regarding the SIG campaign we have assigned 3% of all coins to the participants. After the ICO we will calculate how many posts you all have done and then divide equally. we will make it all clear on the spreadsheet. This will work out better than giving you a fixed amount due to the number of participants. Actually probably a lot better so I hope you are happy with it.
|
|
|
|
|
Show Posts
