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601  Alternate cryptocurrencies / Tokens (Altcoins) / Re: OXSIGN STAKING FARM on: November 23, 2020, 06:13:34 PM
yeah your right for the sake!

your good person in mathematics, but in reading i dont know

it is not clear that ? 10% of presale  will be in private sale?

21,000 total supply

15000 presale - 10% which is 1500 private-sale = 13500 will be in the pre-sale after 60% will be lock as liquidity
the remaining token will be in farming?

You literally renders me speechless for a moment.

Here's the situation, yes I know and understand that you'll have 15,000 token for sale, and from it, 10% were for private sale. That is why I wrote your private sale to be 1,500, and presale to be 13,500 (15,000 - (15,000 x 10%) = 15,000 - 1,500 = 13,500). In total, there is 15,000 token for sale and 6,000 token will be for farming. These two took the entire allocation of total token supply, (15,000 + 6000 = 21,000).

So, from where do you allocate token for liquidity pool? Were you trying to say that 60% of the presale token will be locked? As in, people buy 1 eth worth of token, and only got 0.4 worth of token because the 0.6 will be forcefully taken from them to be locked on LP?

Where do you read that 1500 will be deducted in total supplies of 21,000?

Tell me?

This. Is. Where. You. Renders. Me. Speechless. The 1,500 token on private sale was not part of the total supply? The total supply??
602  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 23, 2020, 05:40:59 PM
Quote

Move to your own thread and answer there, it has a lot of unanswered questions

Hi , yes I told him, he will as soon as possible. And will I delete it then?

Well, do you have your own thread for this "helping project with different ways" service of yours? I would really like to know more, given your post history shows you also "promote" other project alike to this one. If you have, we'll move our talk there. If you don't, then we'll talk here.

Meanwhile, you have unanswered questions on post above

Nice to talk to you really 🙂. Yes dev will make a new topic and we will move there soon and dev will answer all questions. And yes I help the project with which I work and I do my own research before join in a project as staff. Some dev having trouble with topic, setup discord or tg. I have to help them in which side they are normal/ Don't get time to control

Researching and supporting project that, like... one that encourage shilling activity and webpage forbid a visitor access with 403 error? And oh, it reminds me, from which project do you meet cris qatar, again?




603  Alternate cryptocurrencies / Tokens (Altcoins) / Re: OXSIGN STAKING FARM on: November 23, 2020, 04:47:52 PM
My total supply is 21,000

Pre-sale is 15000 and 10% of pre-sale is 1500 for private sale
60% of pre-sale will be liquidity and the rest is for farming!

hope it was clear for you if you any question i can answer if i have mistake i can correct.



Lord! I didn't know that my question was not obvious and clear enough. Here, let me break them by number and color:

You have 21,000 from total supply
From this number, 1,500 were for private sale, 19,500 remains unallocated from total supply
Next, 13,500 were for pre-sale (or token sale, given you don't have any other token sake after that, so the prefix "pre" were rather useless), 6,000 remains unallocated from total supply
Next, 6,000 were for farming. 0 remains unallocated from total supply.
Last, 60% of 13,500, or 8,100 were for liquidity pool. Where does it came from?

Here, the equation
total supply - private sale - pre-sale - farming - liquidity pool = 21,000 - 1,500 - 13,500 - 6,000 - 8,100 = -8,100

So which one's your plan?
A. Magic-ing 8,100 from thin air
B. Taking 8,100 from what people bought and locking them.
604  Alternate cryptocurrencies / Tokens (Altcoins) / Re: OXSIGN STAKING FARM on: November 23, 2020, 03:21:59 PM
all of you is right, I know everyone here is investigating me its ok for me, yes its not nice that im not adding some cool stuff or some other things in my web.
do I need to put a lot of none sense things just to look that this project is legit? alot of project do that before and then what happen they run, scam and rug and pull.

This is my first project and beside do i need to put all of my information just to show that im legit person?

did other project do that?

a quick update i already submit my KYC to Distx to be part of their presale app and im waiting for their respond.

if my application is approved i will update all of you and eat your words that Im not a legit person!

I don't  beg or ask someone to join in my project.

and by the way I have no Devs team and no Marketing team i do my work on my own.

see you guys thanks for the wonderful comment.


Nice tantrum, err... I mean, speech. By the way, while we're waiting for your KYC to pass (I didn't know how reputable distx, by the way, but that's a different matter for different time), can you answer the math behind your token allocation? It was on my previous post on this thread.
605  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 23, 2020, 09:06:30 AM
Quote

Move to your own thread and answer there, it has a lot of unanswered questions

Hi , yes I told him, he will as soon as possible. And will I delete it then?

Well, do you have your own thread for this "helping project with different ways" service of yours? I would really like to know more, given your post history shows you also "promote" other project alike to this one. If you have, we'll move our talk there. If you don't, then we'll talk here.

Meanwhile, you have unanswered questions on post above
606  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 23, 2020, 08:08:37 AM
I knew him from different projects as an investor and I have a trust on him so I post. You can talk with him if anything wrong or doubtful. And DYOR ALWAYS

What project was it? And does his name made known as am investor on said project?

And, regarding your claim on being a mod on helping project on different ways, what does it mean? God forbid it's like a bumping service. Does this group you moderated has specific thread or channel I can learn about more?

HI, Mike to be honest this is my first project, yes im not annon and this post is not just for hype if you want you can add me linked in and let's talk there.

nice knowing you Mike

Move to your own thread and answer there, it has a lot of unanswered questions
607  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 22, 2020, 10:26:52 PM
wow, at least now i see a project that show up the owner face
but what is the main reason that make this project deserve to be in our wallet buddy ?
thanks

Have you studied or at least see the project that's currently being talked about? See what this "owner is not anonymous" claim looks like? Or were you just popping in to chase some post count?
608  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 22, 2020, 05:34:48 PM
Interesting. Were you related with their project? If so, at what capacity? And if you don't, then what's your reason for promoting and supporting them? Or are you just the alt account of their dev?
Not alt account. I'm working as mod so helping the project with different way. And the I saw this owner as a investor in different projects and also he is not anonymous so I post it with my account

In other words, you are sure that he is a real person with legit intentions, supporting, and can vouch for him, despite the extremely questionable pictures he use on his linkedin and website?
609  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Interfinex — The future of decentralised finance on: November 22, 2020, 03:23:59 PM
They have huge community because of the Airdrop, but I must admit that I participated too so I could verify if the project is real or not, because I have this feeling that they will not going to send any free tokens in their community. I am not being a hater here but their website has no useful details at all, their team is anon and admin on their TG are obviously not real accounts. But let us see what will happen on their first AD. I hope I am wrong with my first impression.

Dev didn't activate for almost two weeks itself shows a sign of bad project. Combine that with the nakedness of their website (like you also notice, there were no information, background, or anything about the project there) and the anonymity, we can probably just mark this project as scam.
610  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] XSL Labs - Your Data Belongs To You ( New Bounty Program Open! ) on: November 22, 2020, 01:35:59 PM
Hello, to answer you myself, I think these infos are on the website. ( I forwarded you the team words for the rest so the infos come from the source)


Moving on from topic about token sale as it was cleared, now I'd like to know more about token allocation. Let's assume dev managed to sell all token during sale phases and got 3b development budget.

1. Just to be sure, bounty and other marketing activities will be paid from this allocation?

2. Dev said these funds will be escrowed. Do dev mean the fund were locked for certain duration and gradually released by the escrow, or was it simply means dev will put the funds on a third party wallet and they can ask for whatever amount they want, whenever they want?
611  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🚀🚀🚀👋 NEW TOKEN. OWNER IS NOT ANONYMOUS 🚀🚀🚀 on: November 21, 2020, 09:53:58 PM
Interesting. Were you related with their project? If so, at what capacity? And if you don't, then what's your reason for promoting and supporting them? Or are you just the alt account of their dev?
612  Alternate cryptocurrencies / Tokens (Altcoins) / Re: OXSIGN STAKING FARM on: November 21, 2020, 09:44:27 PM
Your website looks crappy because you use low quality image and very poor UI/UX. I don't know what's your main goal with finance besides on staking coin like ponzi. You just modify your presale allocation so that it looks like you are not interested in money for limiting the allocation per person.
 
Your image looks like a stolen profile picture of someone in social media. You didn't even make it a high quality.

No whitepaper?
Road map in PDF?

Out of budget for this project?  Roll Eyes

if you go to the website you will see the whitepaper link my friend
but, seems something strange with this project, i hope people who want to invest in this project, they will learn deeply and ready for the risk

It wasn't there yesterday, the button used to be inactive. Besides, their WP looks more like an onepager (it literally can fit in quarter page, actually). And talking about their content, the tokenomic were different from the one listed here. On both cases though, I'm not sure if my math were rusty or what, their numbers just didn't adds up.

For the sake of convenience, I'll use the one on WP as they have a more friendly numbers



Ignore page 4, focus on page 3 and 5.

So Dev, your project will have 21,000 token as total supply, 6,000 will be allocated for staking, 13,500 for ICO and 1,500 for pre-sale (I'm helping you up here by correcting your sale number, and using a better term for your token sale), and then you'll have 60% of sale (that's around 8,100) token locked for liquidity? Like... LOL, seriously? What? You want people to buy, then they have to give their token to be locked for liquidity? Where does that 8,100 token comes from?

Now for page 5, I think we are all know here what's wrong with it. In case you didn't know, although word and excel has a nice charting feature that's fully functional and easy to use, you still need some brainpower to input your number properly into them and label each segment correctly.
613  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] BitOfTrade — Instrument for passive income and profit accumulation. on: November 21, 2020, 06:05:24 PM
The whitepaper’s goal is to prepare an ICO or another kind of  fund rising for a project. We have other plans, so there is no need for such document. However, we plan to publish the project strategy declaration within 1-1.5 months after the concept is finalized.
I don't think the goal of the whitepaper is only to prepare an ICO nor any kind of fundraising, IMO it can be used to give a better understanding of the whole model of your business/project for anyone who wants to involved in it. Although you don't even gonna publish an ICO I think it's still important to have a whitepaper since most people don't easily put their money into an unknown business/project.

Quote
BTF token is created as a financial instrument for money saving and accumulation. Limited supply and a number of services, based on smart contracts will constantly increase its value, as well as the trust of the community. The more investors use the token for accumulation, the greater the excess of demand over supply, which will create a constant price growth factor. Together with the liquidity on exchanges, this model has the right to be successful.

It’s not a Ponzi model, because of the limited supply and smart contracts based services (like limited Bounty based distribution at the first stages of the project).
That's the basic theory of demand and supply, which does not explain how the way you will pay investor's rewards.
To quote probably almost everybody here as this will be related to their concern and (some were, surprisingly) support of your business model, where does the fund to pay passive income come from?

Almost 40% of issued BTFs are closed on special accounts, from where they can only be obtained under the terms of relative smart contracts. See for example BTF_deposit smart contract (https://github.com/alexvirtech/bitoftrade/tree/master/contracts). It has closed about 200,000 BTF. Deposits are the only way to get a part of the funds closed on this smart contract. Moreover, the less funds remain in this contract, the lower the deposit profit. It's like a mining process that brings in less and less bitcoins to miners.

Perhaps I should re-word my question: how do you plan to power the passive income activity? Sure you have some reservoir to distribute the token for stake holders (the literal stake-holders, not stakeholders), but what will you do to ensure the value of each of those token?
614  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥🔥 [ANN] Lattice |DEX|Interoperability|Scalability|DeFi 🔥🔥 on: November 21, 2020, 02:05:10 PM
I have a question related to Molly airdrop. I clicked on the big bottom "Claim LTX airdrop" before I got DAG from bounty. If DAGs are received after pressing a button, they will not be counted for airdrop?

Oh, I know the answer for this one!! Yay!! Because I was interested to join the airdrop too, but I was too late in pressing the button, given the very small time window. You don't need to have DAG on your molly to claim, just make sure you claimed within the 24 hours window

Can you see the button?

(you dont need DAG to claim)
615  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [OOKS] Onooks - Empowering people for real-world problem solving on: November 21, 2020, 07:00:40 AM
Patience is the key to contentment Miiike.

That's hardly an answer. If you deliberately tried to be vague and mysterious, I don't think you're in position to do such maneuver, you haven't gain enough foundation to be trusted by whomever read your thread. In fact, you'll most likely be seen as evading answers, being shady, and indicating scam. Especially when people tried to gain more info on your website and they meet pages that's lack of any convincing matter, well... they meet with tons of ads instead. Were that your official website or your PPC personal blog?
616  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [OOKS] Onooks - Empowering people for real-world problem solving on: November 20, 2020, 09:42:56 PM
Hello lovely people,

I was thinking now why can't we make a coin that will actual make money for us instead of just dumping on us?


Well... we already have such coin, several of them, actually. Bitcoin, ethereum, ripple, BNB, should I continue? Just google CMC top coins, you'll get a good list of token that make actual money (in sense of profit gained from trading, mining, and other crypto activities) instead of just dumping. So what do you propose, again?
617  Alternate cryptocurrencies / Tokens (Altcoins) / Re: OXSIGN STAKING FARM on: November 20, 2020, 09:35:46 PM
They have the most crystal clear roadmap ever! They even put a great breakdown of their planned milestones in two months! OP, if you want some pixels, I sell some -_-

Seriously though, the name Cris Thompson didn't bring any result on Google, something that's quite strange, given the unique spelling of your name. Plus, your LinkedIn looks like someone's fake ID. Anything you'd like to say on this?
618  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] XSL Labs - Your Data Belongs To You ( New Bounty Program Open! ) on: November 20, 2020, 06:02:30 AM
So, my confusion happened because BM said there will be 10b sold, while the stages shows only 7b sold. A simple misunderstanding from BM because there will be only 7b sold, divided into three token sale: presale with 1b, first phase ICO with 3b at 0.002, and second phase ICO with 3b at 0.003.

In total, there will be a maximum 7b sold (not 10b), which if all of them were fully sold, dev will generate 3b for development purpose, which will brings us to 10b maximum supply. We can say that if this project managed to sell their entire ICO allocation, DEV will generate small extra funds for development purpose. Otherwise, if the 7b is not sold (again, 7b, which the sum of pre+ico1+ico2, not 10b), they'll only generate 30% from the total amount sold.

If I may borrow CM's explanation, if 6 billion SYLs are sold then only 1.8 billion will be sequestered for the ecosystem.

619  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] BitOfTrade — Instrument for passive income and profit accumulation. on: November 20, 2020, 05:23:22 AM
I don't think the goal of the whitepaper is only to prepare an ICO nor any kind of fundraising, IMO it can be used to give a better understanding of the whole model of your business/project for anyone who wants to involved in it. Although you don't even gonna publish an ICO I think it's still important to have a whitepaper since most people don't easily put their money into an unknown business/project.
For me it's strange a project that did not have a whitepaper, because in whitepaper everything is explain deitaled. but he seems didn't care, even he already make a new step in this forum by hold some campaign on this forum. https://bitcointalk.org/index.php?topic=5290918.0
Every individual has their own opinions on it and yes you can call it a strange one. But for me, it's something like the project doesn't have a strong foundation, just offering nonsense.

Since BTF tokens already tradeable on some various exchanges I guess most hunters would ignoring the legitimacy of the project and grab it as much as they can.

You both aware that your view about whitepaper is not contradicting each other, right? One said this project still need WP because it give a better understanding of project, the other said this project is strange because they didn't have WP that explain details (about the project).

And yes, WP is not just for ICO, it's not a mere offering letter that can be removed just because someone didn't ask for funds, it was an official in-depth documents explaining about the current issue, your plan, and everything related to your project
620  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] XSL Labs - Your Data Belongs To You ( New Bounty Program Open! ) on: November 20, 2020, 05:10:24 AM
It is 50 000 000 allocated for the bounty indeed

There was a private sale (presale) to launch the project, to support the Cyber Security Team and for marketing purposes. The current phase is the first public sale phase and the token is $0.002, in the next phase it will be $0.003, and then it will be fover.

A maximum of 10 billion SYLs will be issued if the ICO is 100% complete. In this case, 30% of the offer (3 billion SYLs) will be sequestered and will be used to create the SDIs of the various users and to help the development of certain services (if they require SYL). This 30% will feed the ecosystem.
If the 10 billion is not sold then the 30% ratio remains but will apply to what will have been sold.
For example:
If 6 billion SYLs are sold then only 1.8 billion will be sequestered for the ecosystem.

I don't think I'm quite understand your tokenomic now. How much was the amount prepared and sold during presale?

And then for the 30% ratio issue, I thought there will be only 10B token ever created for this project? If you'll issue 30% token from the amount sold on ICO (I assume this means presale+phase1+phase2), and ICO has 10B allocation, doesn't that mean there will be 13B token? Unless the 30% were taken and cut directly from the amount bought by ICO participant


If there are less than 10 billion SYL sold before the end of the ICO then the remaining unsold SYL will not be issued. This means a maximum of 10 billion SYL.

And probably less than that depending on the ICO.

1 billion for the presale

3 billion current phase

3 billion next phase

the rest for the development

But the part for the development will be a ratio of 30% of the offer sold + the remaining during the ICO, so there will be a maximum of 3 billion SYLs for the development.

If during the ICO only 50% is sold then the development will have 50% of 3 billion SYL

Hold on a second, were you saying there will be a third phase? If your aim was to get 10b (where if there were less than 10b sold, then the unsold token will not be issued), and so far your sales were: 1b (presale) + 3b (1st ico) + 3b (2nd ico), so there'll be 3rd ico with 3b? What'll be the rate?

Edit: recalled there is a tokenomic detail on WO and found the explanation regarding this matter. Will explain on below post to avoid confusion
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