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601  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 06, 2017, 08:50:27 PM


Just read news on their twitter guys! ICO exact date announced now!

GREAT NEWS! #UTRUST #ICO WILL START 2nd November 2017 AT 2PM UTC!

https://twitter.com/UTRUST_Official/status/916354025502724097

Very excited to have a date for this ICO.  Congrats to the team for getting to this point..looking forward to see progress on a demo and see the continued growth of partnerships before launch!
Definitely worth to observe this ico. Utrust will be better than PayPal due to lower fees and accepting cryptocrrencies Cool
602  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀 on: October 06, 2017, 07:55:52 PM
found rather interesting GATCOIN review with Mike B - he does extensive reviews, captures all aspects. You can watch this too:
https://www.youtube.com/watch?v=Kn78o3XMKUE
Thank you for sharing this link. This review shows all benefits of gatcoin platform, definitely worth investing!
603  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management on: October 06, 2017, 07:52:54 PM
Is there a risk that the token will be considered a security? meaning if there is no way to use them (alfa, beta,...) it is not a clear utility. From my understanding that is the reason why several ICOs either has postponed sales or did like wanchain (distributed an interimntoken which is not tradeable) until their platform can be launched.
The token can’t be deemed a security - it is simply a tool for powering Ethereum smart contract operation. For some case we are consulting with our lawyers all the time

@genesis.vision, is there a chance that you will show a pre-alpha during ICO ? Most projects this days show a demo/pre-alpha before/during ICO, I think it's important, there a lot of ICOs right now, only trustworthy ones gain popularity/trust
Alpha version will be launched in the first quarter of 2018

history? may be you can make live statistic?
Let me explain. During the reporting period, the manager trades on his or her trading platform with the amount of funds
available at the beginning. The history of its trading is unloaded from the trading platform and recorded in
IPFS in real time.

I think successful traders will be well-known soon so there is no use in live statistics. Will the trader be able to communicate with his supporters?
We will make a featuring list. And it's issues will be realized on demand.

I think that there will be some kind of ranking system and traders will have special channels to communicate with investors and post some updates/spreadseets, etc. Wink
Regarding rancking there are 7 levels in total, with the first-level manager maximum investments capped at 1 000 USD ( in GVT equivalent) plus a first-level manager must invest 1 000 USD of his own money. For comparison, manager of a maximum trust level can receive investments up to 1 000 000 dollars.

After finished Reading the whitepaper I am curious about some of the challenges with etherium that you point out, especially the scaling/performance issues. However as we expect to have them solved in 2-3 years you might run into problems depending on the Projects success. You mention that you have looked at other chains that would be possible to transition to, out of curiosity would you mind telling which chain(s) that would be most probable to transition to?
There are some interesting existing chains to transition to and much more are under development. As far as it hard to predict future of blockchain in half a year we haven't choosen a specific chain to transition to yet.

So when the manager themself can choose the length of the reporting period, can they choose freely or will the platform itself have specific time frames, like 1 week, 2 weeks, etc.? Is there any limitation for managers or could they just say like 8 weeks and then it is like this?
There are will be variants for managers to choose in the platform.

I would like to ask the team to elaborate on which key challenges they will meet to ensure mass market adoption and how they plan to overcome these. Please note that I dont mean the technical challenges as outlined in the whitepaper but rather Incentives models, (broker, manager, Investor)-interest etc. thanks
Genesis vision has a detailed plan for capturing the market. First of all: Tools For Brokers (a company of Genesis Vision co-founder, Alexey Kutsenko) already sells a similar centralized solution that is installed in the environment of a particular broker. This software was purchased by more than eighty different companies around the world. The total turnover of funds through this trust management system amounted to more than $100 billion.

As soon as alpha version of Genesis Vision is launched (1Q 2018) our first goal is to attract these existing clients.
Average investment per month in retail FX market is about 1000 USD(500-2000 depending on the region). According to statistic I have, total traded amount in a month close to 5x times of the deposit, which means 5k USD (traders opens/closes trades, so total turnover will be around 5k USD per 1 investor per month).

Our goal is to link at least 10-15 brokers to the moment of the release, and it should bring us 10,000 – 15,000 investors into our system.
So total expected turnover in first months will be around 50,000,0000 – 75,000,000 USD.

I would like to point out that this turnover already exceeds the GVT capitalization during the ICO, so we expect GVT growth in value.

Are there some star traders you guys plan to bring on the platform while starting up?
Of course we are planning that with starting of the platform a lot of successful managers will begin their work in Genesis Vision. However all the managers will start from a scratch.

True, activity in the thread would be nice, but also some marketing is needed for this. I don't think I've seen any banners or commercials on social media for this project.
Thank you, we will enhance our marketing!

I read that the number of tokens is limited to 44.000.000 and total token sale is 33.000.000. What happens to the rest of the 11.000.000 tokens?
44,000,000 tokens will be created in total, of which 36,960,000 (33,000,000 for sale, 3,960,000-marketing, advisers and bounty) will be distributed to the ICO participants, 2,200,000 will be reserved for a fund and 4,840,000 will be circulated among the team.

I saw that dev wrote that there is not a soft cap.
Did he mean, we hit hard cap or else we will cancel the project.
Or
We are going to make project real regardless of the funds.
The logical thinking is the second one is. But if it was the issue he should have said, we already hit the soft cap. Anybody have any ideas?
Yes, we don't have a soft cap. Even if we don't reach a hard cap we are not killing our project. The budget and components are planned, assuming that our fundraising efforts will reach the estimated maximum amount. Otherwise, a part of the components will have to be abandoned, and the budget will be reduced for the remaining features.

How much will receive investors from his invested money, how much trader and which your comissions? ( I mean in % from profit)  Huh
Each manager will set their comission terms. The profit, received as a result of management of the total funds, is shared proportionally between the managers and investors. Managers receive a commission for management and a commission from the profit (success fee). Investor receive part of the manager's profits,
according to their share, minus the manager's commission and fee.
The project will receive profit from commissions on investment operations. Each investment will be charged 0.5% of the operation amount.

Is this platform available for use by citizens of the United States? What about the ICO, can Americans invest in this platform, or are these considered security tokens?  Huh
The platform will be serving worldwide. If it will be necessary we'll get license for legalization of our activities

Only 2.3 mln for main ICO? Which hard cap for pre-sale and ICO?
We hadn't a pre-sale hard cap. Our pre-sale was in form of Options sale. So $2.3M is the equivalent value of GVT, reserved for the ICO stage. A hard cap of ICO is 33.000.000 usd

What does the use of blockchain technologies or token brings in compareason to others platforms like 1broker ?
Implementation of blockchain will allow trust management market to achieve transparency and efficiency on the technological level. This will help to regain the trust to the market. Besides that, it will attract the attention of new companies and the investors of the new digital generation.

Will all managers start at trust level 1, that is with a maximum investment pool of 1,000$ worth of GVT, when the platform will be launched?
Level 1 managers are required to have at least 1 000 USD in GVT equivalent of their own funds on the platform and their maximum investment pool can be only 1 000 USD worth of GVT.
I like that investors must deposit at least 1000. In my opinion this will prevent frauds and scams
604  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: October 06, 2017, 07:50:40 PM
SOMA & UTRUST. My two favourite ICOs in partnership  Grin
there are also my favorites i think that with their partnership,the success of both will be inevitable...

They are very complimentary. I was a bit worried about UTRUST having to find partners to actually use/offer their payment system, but with this partnership with SOMA they have a partner where they can prove their technology.
Many ICOs need a good payment system. If UTRUST could reach their goals both UTRUST and SOMA will benefit from this partnership.

I agree, a good start for both projects,
I think with time there will be new contracts and partners that will lead SOMA to success

definitely, both projects will need to announce new partnerships to keep people engaged and the money coming.
We need to give them a little more time for it. I'm sure that there will be more great partnerships!
605  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management on: October 06, 2017, 04:00:03 PM
Yes i also think genesis vision is a great application of the blockchain. And the project will show to the market another new and disruptive way to use blockchain. In the crypto market it has a huge value, the market really enjoy project with a nice use of the blockchain.

what do you think is new and good about this project? Im curious because you seem so excited Smiley
In my opinion there isn't any good funds management platform in crypto world, so this is my main incentive to invest in this ICO.

There are other managing platforms, but they are for classic stock and equity market, they all have brokers and are expensive, together with a lot of bureaucracy, even with electronic and virtual platforms already developed (way better than all hand by hand exchange), now genesis vision is a platform in the blockchain, where the key component is the trustless feature, you don't need to trust the manager or broker, you could put your money in and be safe of being scammed.
Yep, that was my point. If someone wants to trade only with crypto assets he can't choose traditional banking solutions. In the future maybe yes, but not at this moment
606  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: October 06, 2017, 03:58:44 PM
I thinking... Whats reminds me Soma.. And understand now.. Its Pinterest! hm...
Pinterest have a huge succes, as I understand Soma also make same sosial-network shop but for crypto only. May they will also have succes  Roll Eyes

Really some similarity they have. My wife likes to look in this Pinterest. Let's see how popular is SOMA.

Wow I really don't understand the similarities there, could you develop ?  Grin
He's somehow right about similarities to Pintrests. Pintresrs is also social platform where you can browse for new ideas or even shop. Besides this similarities Soma will have more advantages over pintrest
607  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀 on: October 06, 2017, 03:57:13 PM
One of the thing that must be taken into account is that fidelity is a way for companies to gain access to personal datas on consumers which is a great thing economically speaking for them.

A system like Gatcoin would prevent the collection of personnal datas by the companies or not ?

That ties in with my earlier question, what is the reason for collecting all that data on those cashback forms? I suspect companies want to collect data to analyze customer behavior. From the companies' point of view if GATCOIN prevented the collection of personal data, that would be a loss for them.

Section 2.2.7 of the whitepaper is relevant:

Consumption Patterns: by analyzing geo-location and token consumption from the GAT Wallet, enterprises will gain valuable insight into where marketing resources are best applied

Since the app is on a smartphone it would be technically possible to extract personal data (anonymized or not - and we have known for long that "anonymized" data really isn't).

Therefore, from the consumers' point of view it would be interesting to know GATCOIN's stance how to serve both the companies' and customers' needs with regards to marketing and privacy.

The part of the whitepaper you quoted is very interesting. But couldn't it be possible that these geo-location and token consumtion data is without any connection to personal information about the users. More like a general information where which tokens were used (and not by whom).

Quite right. Let them collect data on movements and coupon payments, transactions, but not personal data.
Data collection is necessary for merchants. The buyer must be able to agree or disagree on data collection. In general, the presence of internal impersonal coupons should preclude the collection of personal data. When such data is collected, it ends with annoying mailing of advertising and spam.
Every company wants this kind of statistics. The question is - will GATCOIN sell this info to third parties or they will be using this only for themselves?
608  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 06, 2017, 03:54:59 PM
cannt wait for join UTRUST ico ,i hold my eth have no profit . but there is no fix exact ico date , hope will announce soon .

In the website we have this: ICO start date to be announced on the first week of October

First week of October finish tomorrow, maybe this will annouced today/tomorrow!

Oh well, we will just have to wait for the announcement. Hopefully there will be new updates by tomorrow as everyone is expecting something to be announced by 1st week of October.
I'm so excited about this one but technically they can announce something on sunday. Anyway looking forward for more news from Utrust  Wink
609  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟🌟🚀 [ANN][ICO] PAYPIE 🌟🌟🚀 World’s First Blockchain Accounting Credit Score on: October 06, 2017, 03:53:22 PM
I hope the team will make an announcement about the recommended gas limit and gas price regarding the current situation on the Ethereum blockchain.
I think there will be a standard price and a gas limit like at all other ISO it's 50 gwei and gas limit 200000..
Paypie ICO could clog whole ETH blockchain, I'm not joking. If you want to be sure that your investment won't be delayed put 50 gwei and gas limit at 300,000  Cool

How many transactions are you predicting? Because there's already lots of them and it's not clogged. It would have to be insane amount, but then again they are probably happening within same minute

Haha, the ethereum blockchain will not be clogged just because of this ICO. Some ICO's had tremenduous amount of participants and did not clog the network.
I wouldn't be so sure about this my friend. There are many people who wants to invests in this ICO  Grin
610  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 on: October 06, 2017, 03:52:31 PM
ICO period will be at mid November while on the first page of this thread it stated that the ICO will be held at October 23th - November 17th. Some small fix should be made to avoid miscommunication, I guess!

It was modified recently.

Seems like they prefer to do their ico after the bitcoin fork. Quite smart.
Smart indeed. When this whole BTC drama will be over people will be able to buy cheap BTC and ETH to invest in promising projects like Napoleon
611  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management on: October 06, 2017, 02:18:15 PM
Yes i also think genesis vision is a great application of the blockchain. And the project will show to the market another new and disruptive way to use blockchain. In the crypto market it has a huge value, the market really enjoy project with a nice use of the blockchain.

what do you think is new and good about this project? Im curious because you seem so excited Smiley
In my opinion there isn't any good funds management platform in crypto world, so this is my main incentive to invest in this ICO.
612  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: October 06, 2017, 02:16:54 PM
1 ETH for the lottery? I will be throwing 1 just to try my luck.

Yes. your chances to small, only 3 winner will be. But we can try it... 5000 SCT its more than 10 ETH..  Roll Eyes
and if Soma will make nn profits, it would be much more than 10 ETH  Shocked

I didn't see there was a lottery. Still, it is too much risk for me. 1 eth is too much for me to gamble on it. Hope you good luck.

look at token sale page:
https://soma.co/token-sale/

Quote
Soma airdrops 5000 SCT for 3 contributors in the ICO!

Every 1 ETH contributed equals to one stake in the draw! There will be total of 3 winners who will receive the amount of 5000 SCT directly to their contract address after the token sale ends.

So, 3 people have a lucky to win more than 10 eth by ICO price  Roll Eyes

Now i understand. I thought there is some lottery tickets and price is 1 eth.

They are giving their investors 1 stake per 1 eth and lucky three of them will be rich!!! (not really 12 eth value of sct coin Smiley )

Yes, this whole lottery thing is a nice marketing move to attract more investors to the ICO.
Everyone wants to win prize and many people can consider this ICO like a lottery with additional bonuses (price appreciation of tokens)  Grin
613  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀 on: October 06, 2017, 02:15:22 PM
Though you guys might be interested in this join press release from us and SK Planet Japan

https://finance.yahoo.com/news/sk-planet-japan-launch-geo-063000418.html

Great article!
Always nice to see the name of GATcoin in an article

SK Planet Japan (SKPJ) will use GATCOIN's targeted A-DropTM technology to issue branded crypto-currencies to Chinese tourists. Tourists can use them to redeem beverage, fast food, and convenience store products in SKPJ's network of franchise partners.

Dont think Chinese people will be investing in this ICO Wink
But now the Chinese people can go shopping in Japan for tokens

Trust me, Chinese people love to go shopping in Japan. I remember times when I couldn't move in some shops because it was full of Chinese who wanted to buy stuff tax free here  Shocked This will be the perfect oportunity now for them  Roll Eyes

yes, i experienced that too. chinese are a wild horde at shopping in japan / hongkong Smiley but the same goes on for the korean people, too. i believe the market will be widen even more, having those customers.

I think gatcoin will spread all Asia after start using in Japan. People want that in their country too. I bet second nation will be Korea.

Starting in Japan is ideal to gain a foothold in the Asian market and I also think other Asian countries will soon follow if they see that the system works well in Japan. I really hope it will eventually be implemented to Europe so that I can try it out for myself, too.

I think so too, but does anyone know if for example Korea and/or China is using reward programs a lot? And how about South East Asia?
As far as I know every country/region uses some kind of reward program to encourage it's customers. This is part of vendors marketing  Wink
614  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: October 06, 2017, 02:13:58 PM
All already are well designed by the TRUST team for this project to be perfect. but i really missed when the pre-sale will is coming.
getting profit from a this great project is it pride for me.  I believe UTRUST project will succes.
this project is already success guys, from being one of the contender of the number one payment platform which called paypal and then creating new interface of online payment platform over it
They've got very good team with very strong and active community behind them. Paypal will be worried about it's new competitor very soon  Cool
615  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟🌟🚀 [ANN][ICO] PAYPIE 🌟🌟🚀 World’s First Blockchain Accounting Credit Score on: October 06, 2017, 02:11:36 PM
I hope the team will make an announcement about the recommended gas limit and gas price regarding the current situation on the Ethereum blockchain.
I think there will be a standard price and a gas limit like at all other ISO it's 50 gwei and gas limit 200000..
Paypie ICO could clog whole ETH blockchain, I'm not joking. If you want to be sure that your investment won't be delayed put 50 gwei and gas limit at 300,000  Cool
616  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 on: October 06, 2017, 02:09:35 PM
Probably they planning ICO after this meetup?  No exact  date of crowdsale right now?
Yes, still no exact date right now

Give them some time, it is just the beginning of October. Also the pre-sale is soon, so let them and us first see how this will go Wink

NapoleonX is now working on there partnership before the ICO.
Running on ICO isnt that easy, so they need the right advice and help to run this ICO as smooth as possible.

No problem to wait some weeks if everything will work great.
Take your time! This project will be huge Smiley

I hate waiting but if you think about it I prefer successful ico with waiting to compare to unsuccessful one right now. So we must be patient about it.

That's the point. Sure, they could go on and just run the ICO now, but better to get the maximum out of it, with enough presence and preperation, even if this means it will take a bit more time.
Patience and timing your investments are key ingredients for becoming rich. I hope that delaying ICO is good decision  Smiley
617  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][STeX.Exchange] 1-st Exchange 3.0 Aggregator[Unique Bounty+Partner prog] on: October 06, 2017, 01:58:11 PM
Polish Translation
Username: Heimer
Payment: STE
Eth Address: 0x17007CC19987b2c12B85098c2c98881416dee4eE

Congratulations to STeX team. I love being part of this amazing community.

618  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] SOMA - The Social Marketplace on: October 05, 2017, 09:53:22 PM
1 ETH its too much? Some ICo have much more minimum requiments for pre-sale for example. Its only chance to win.
5000 SCT its for 1 person only?  Huh

I think that's low too.

But we must take into account that some small wallets want their share too  Grin
One ETH is nice sweet spot for ico. Not too low, not too much it's currently only 300$ so majority can participate in it
619  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] Genesis Vision - Decentralized platform for the trust management on: October 05, 2017, 09:47:50 PM
Knowing what to expect by profit distribution is really exciting, I expect to see Genesis in big markets and rising to the moon fast. The concept is fantastic and worth the investment
This project could be really disruptive for whole fund management industry. I'm waiting for more news from developers  Grin
620  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀 on: October 05, 2017, 09:44:34 PM
I think that might be correct , In cases like this why anyone would want to know your personal information ! All they care about is what is this person interested in , What he/she like what they do not like etc a really long list , And if they can already reach you threw GATCOIN ( to advertise and  offer their promotions to you ) then why would they want your personal information !

Correct! Huge company's are only interested in what you do, what you buy and what you want.
They dont need your name or any personal things. They want this so they can send you discount coupons (tokens) for products that you are interested in.

GATcoin will be a great tool for doing this.

I hope that we will see some new partnerships with big vendors before ico. This will be really disruptive project!
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