Not sure if it has been mentioned here but Damian, an admin in the official ONAM Telegram, just confirmed that the MVP will be released on Sunday!
Yeah, saw that on their telegram group I’m really looking forward to it It's really great, That's mean MVP is releasing today. Where we can check the MVP? Can we have more details about it? I didn't found the details about MVP. Which Sunday you guys are talking? Today is Sunday but I don't see any updates news yet about it on any social media. They have planned to release the MVP this weekend. One Admin in Telegram verified that the release is tomorrow evening. Too bad, today I could have tested the MVP more extensively. Well, lets just wait and see how things will roll out tomorrow, i think we should give them the opportunity to fully test out the MVP before releasing such to the community because just as they stated, the MVP was to come by month end but they just intend to keep the community in a vibrant mode by moving the date much forward than the proposed day |
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I hope that we can see some major expansions over the next year and some major announcements on advertisers looking to take advantage of the directed advertising
For sure there will be a major expansions over the year if the project become successful here in the Philippines, both driver and the customer are win-win since both of them will get a token that can be exchange in other cryptocurrency. Also if it become successful, many companies outside the country that uses transportation vehicle including taxis, trains, etc will adopt it because of its feature. From your statement, i guess Philippines is your country and you sound pretty confident of such coming into your country, apologies if i'm mistaken but if yes, it will be nice if you give us like a glimpse of the transport system in your county and if you think that tachain will work in such area, though i've seen a positive feedback before but another will be good Yes dude, I'm from Philippines, I am really confident because transportation is needed here, and some taxis are overpricing when they were at their service but with tachain, overpricing will not happen, also , using this , we will get tachain coin that can be used to another tachain transportation service or exchange it with other cryptocurrency. Great, another person from the Philippines, it's nice that we have good number of Philippines here on this thread, as they will be the ones to give us firsthand testimonials of the platform when it fully launches. Yea and he made a solid point which is the problem of overpricing, so having a brand that will deliver low cost transportation service, with an additional benefit of providing an entertainment service in the form of advert and for the fact that its something that is needed in the area also makes much more sense, guess tachain did their homework pretty well |
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well DATA Theft has really been a huge problem for present days! we needed a CURE, a solution to protect ourselves from being exposed over internet! and i stongly believe can COVA can change it!
Yea, the theft has been going on for years and the fact is these corporate bodies making millions from the accumulation of such data, a lot of people don't know what's happening behind every click that they perform, its nice to see a brand stepping up to address the issue and probably offer solution to this lingering problem that has been affecting the productivity of the internet don't you think adoption is the biggest obstacle? I think they a decent solution and the adoption is what I am worried about. That is why earlier I proposed. they start with businesses. Yea, you're right, just like i stated earlier, humans are difficult when it comes to accepting change, i believe they will have like an implementation process, starting with a certain area or specific area, test out the productivity of the concept before going all out because it makes no sense going full scale when they are yet to get people to use it and give reviews |
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well DATA Theft has really been a huge problem for present days! we needed a CURE, a solution to protect ourselves from being exposed over internet! and i stongly believe can COVA can change it!
Yea, the theft has been going on for years and the fact is these corporate bodies making millions from the accumulation of such data, a lot of people don't know what's happening behind every click that they perform, its nice to see a brand stepping up to address the issue and probably offer solution to this lingering problem that has been affecting the productivity of the internet |
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I hope that we can see some major expansions over the next year and some major announcements on advertisers looking to take advantage of the directed advertising
For sure there will be a major expansions over the year if the project become successful here in the Philippines, both driver and the customer are win-win since both of them will get a token that can be exchange in other cryptocurrency. Also if it become successful, many companies outside the country that uses transportation vehicle including taxis, trains, etc will adopt it because of its feature. I think they will surely have expansion in other countries because other countries will see better results in the Philippines. And one of the reasons for the success of this project is for having the benefits of both drivers and passengers. It true Philippines will serve as a test ground for their business concept and the moment they achieve result there they can replicate it else where, I would suggest they start with Europe. It will make a great region for such business Yea, that's how it should be, they need a stepping stone before spreading, whatever rocks their boat that will lead to the progress of the brand is a welcome development, the subsequent good results will be enough to propel them to the required destination, time and dedication is required and hopefully get some good investors to come on board |
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Just as information: yesterday I talked to an admin in the telegram channel about the progress bar. Apparently, some payments are not yet assigned and therefore the progress bardidn't move the last days. He did not mention numbers, but I'm optimistic that they've reched the softcap with these investments. An update will be available in the next few days
Yes, the team has already announced that the progress bar is being updated manually and as they are busy with the development of MVP there has been no chance to update it. That's really cool, they already reached softcap means they are moving to next as per their roadmap. Let's see when they will announce about MVP now. Great work Onam team 👍. Are you sure? when was that announced? I've asked about it not long ago and I was told that they will be updating the community soon. It is a tough time that I know however I think they've done well. But did not see anything official about the soft cap? I don't think that they have reached their softcap yet. My latest information is that there are still some pending transactions and that they are very close to reaching it but I don't think that they officially stated that they have reached it yet. But maybe I missed it. Not sure about that too but like you stated they have some pending transactions but clarification can be gotten from their telegram group, i just recently asked them about the release of their MVP and the said it will be tomorrow and not today, the MVP is actually suppose to be by the end of November but they are moving up things, faster than expected |
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I think so too, with the latest influx of information on the project and development, we might be heading into getting the full know of what they want to be.
Are they going for ICO in the coming weeks or months? Date is already known? I am curious to know about the teams view on that. Yeah. Everyone is curious about this information. Although bitmax have not yet decided or fixed a date yet for any of those things to take place. I hope it is soon though. But i think I should check. I think they must have done their ico or gotten institutional investors though. I don’t think so unless I’m missing something i know they have a list of institutional and companies that are backing them or so I think I recall seeing yeah, i remember seeing something about big backing but i just can't place my fingers where i saw it. bitmax obviously have strong investors and i believe they invested simply because they are convinced of what the team is going to achieve I think bitmax is an Asian exchange platform if i'm not mistaken and honestly, the Chinese have proven to be good when it comes to blockchain projects, this gives me confidence in the brand and we can see the new kind of trading experience that they are introducing into the community, i'm not really a fan of praises but they are so far doing a good job |
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Covalent protocols when done would limit access of 3rd party to internet users personal data. That would keep users in control of their data.
I think that’s really nice. What else do you think Covalent smart internet could offer internet users. ?
I have to admit. For me, it's still a bit abstract or quite hard to imagine how their new Internet protocol will work in practice. But their approach to stopping data abuse is their most important selling point if you ask me. Yes, its a really weird concept, like giving data a mind of its own, such can only be seen in movies but the world is evolving at an astronomical rate and anything is like literally possible which makes the project interesting because i'm like, lets see how they intend to do this, which must be same thought running across the community |
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I hope that we can see some major expansions over the next year and some major announcements on advertisers looking to take advantage of the directed advertising
For sure there will be a major expansions over the year if the project become successful here in the Philippines, both driver and the customer are win-win since both of them will get a token that can be exchange in other cryptocurrency. Also if it become successful, many companies outside the country that uses transportation vehicle including taxis, trains, etc will adopt it because of its feature. From your statement, i guess Philippines is your country and you sound pretty confident of such coming into your country, apologies if i'm mistaken but if yes, it will be nice if you give us like a glimpse of the transport system in your county and if you think that tachain will work in such area, though i've seen a positive feedback before but another will be good |
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if I see the onam exchange feature, for beginners I think this is a good exchange, like margin trading, auto trading. does onam exchange have security 2FA or google authentication?
Yea, i remember asking this on their telegram group and they reiterated the fact that google authentication will be part of the process because i recently had a phone issue and needed them to clarify me on the steps to take if such should happen on their platform, which they gave me an affirmative answer, provided i do a KYC process for them to know the account is actually mine |
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There are many exchanges in CMC. I recently decided not to follow on anyone of them, not anymore because I think they’re greed. High listing fees, poor community involvement in deciding and also the pit on high trading costs that makes it difficult for newbie to get through although the high volume.
But I think bitmax is different with the transaction mining they offer. What type of transaction mining are we looking at here?
That's greedy -that's for sure.On the other hand, everyone does their business as they can. And know-in this project that there is interesting things. I have to agree their is some serious greed especially in the big exchanges it’s insane that some of these exchanges want multiple million dollars just to list as well as tokens or coins and more You're absolutely right and sometimes i wonder why they castigate the conventional system while they themselves practice such, it is believed that the basis of the blockchain industry is to help eradicate the issue of monopoly and introduce free and fair system but some of these big exchanges do just the opposite but is good to have an exchange like bitmax that's introducing autonomy into the system |
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I think ONAM Exchnage can bring Traditional market to Crypto with they're plan and development!
If it gets to deliver the product they promised to they can get to Top 10 with in no time because of it unique and effective Features!
Top 10 exchanges is early to say for now. It's all depend on how they develop this platform. I agree, they have some unique features, but implementation is important. I guess its not too early to say as we look at their propose platform, this is going to be huge as we can see as they develop the platform in the future. Maybe reaching the Top 10 exchange have a long way too go but with this kind of unique and effective features they have, there is a chance, a better chance to be on the top list in the future. as of now lets keep on eye in this good project as they develop this good platform. good luck team and dev i wish all the best Yea, i'm pretty fascinated about the features and the benefits they have in terms of trading experience, its all stated but the practical aspect is what matters most, its easy to hit the top 10 if they effectively utilize their features to its full potential and tomorrow is going to be the testing out of their MVP, hope it will be a successful one, as that will determine a lot |
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Starting in one area and then learning from any missteps and then spreading with that knowledge to even bigger markets is honestly the only way for a project like this to really succeed over time at a global scale, they have to slowly scale up into a powerhouse, and starting with the philippines is a great idea
Yea, I believe if the project gains success in the Philippines, it will be easier to implement as well as replicate that success anywhere else. Yeah, this one will be popular in the Philippines, its because while you're using Tachain services both the Driver and the Customer will gain both TaChain tokens that can be traded into other currency. And if the user don't know anything about crypto, they can use credit cards yeah, and also considering the fact that the service is starting in Philippines so i expect a lot of usage from that region and hopefully they will spread across other regions I have always wondered why the Philippines. I mean the same apply if it was in another country. However from what I understand the Philippines is quite heavy on taxis. So I am guessing that is why they chose it. Yea, i believe such was stated sometime ago and someone from the Philippines confirmed that they have the population that requires the need for taxis, so the tachain team must have been wise enough to spot that region as a good place to start, don't know about the financial implications of starting over there but i guess its for the best |
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The plans of Covalent for the making of a new Internet sound really ambitious. I guess the project is really one for the long-term. It would be great when they could provide us a roadmap with important milestones and when they expect to reach them
Exactly! I wish they keep the development ongoing rather then stoping after the release of their product! I have seen many ambitious project doing that! What do you mean exactly? They won't stop the development after their product is released. The thing is, when is the release and what are they planning to do after that. the developement a project like this will probably never be over. After all, this is not about a small blockchain project but about a completely new internet protocol. https is also still in development. At Cova it will be exactly the same that there will always be innovations and improvements Yea, just like any app, software or hardware, cova will be a continuous development project because in order for them to stay relevant, such improvements will be made, not to mention the need to stay ahead of hackers or any sought of malware/DDOS attacks that are known to cripple such innovations in seconds, so its a huge thing and requires a lot of technical expertise |
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The plans of Covalent for the making of a new Internet sound really ambitious. I guess the project is really one for the long-term. It would be great when they could provide us a roadmap with important milestones and when they expect to reach them
Exactly! I wish they keep the development ongoing rather then stoping after the release of their product! I have seen many ambitious project doing that! What do you mean exactly? They won't stop the development after their product is released. The thing is, when is the release and what are they planning to do after that. It is not a good thing stopping after the ICO and I don't think I read that they will be stopping. Where was that indicated? To the contrary, the team seems to be determinant on getting it to the public. It will be nice for the community to actually be sure of something before stating it, i don't see the reason why they will stop in the first instance, though the market is at a slow pace at the moment but they should be really proactive and work out on their modalities, i believe things will become more vibrant with time, this is just a phase |
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thanks for sharing, the article is truly educative most especially to aspiring entrepreneurs and business individual, i gained some crucial insight as regards marketing I love that this space has developed so quickly into a strong fintech niche I really think the project has really far it can grow as this seems like the beginning of something much bigger Yea, i do hope to see a situation where we can all have a taste of the tachain app and possibly see some reviews from individuals that must have boarded the tachain mode of transportation, it will be a boost to the entire ecosystem and the blockchain industry as well and that's really what the industry needs for it to become relevant Maybe this is a good solution for them, if they think for something like this maybe their project will be better for the future, hopefully this can happen and will make it easier for everyone to make the blockchain industry ecosystem better in the future. Yea, we all hope for a better future of the industry and it all depends on the community, the brands and how viable the goods and services coming out of the industry, if they have good brands with realistic and creative user case, it will be much easy for the community and those outside the community to come in and totally embrace blockchain technology |
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I was wondering if we will be able to Trade ONAM TOKENS in other exchanges as well or just in the ONAM Exchange?
And listing will require ONAM token as fees or something ?
Onam will be traded only in the exchange as said by an admin And if its going to trade solely on their exchange, I think the token will be the listing fee ideally well, i believe that's going to be the case but for their token to get a sound recognition i expect the team to do a great deal of publicity and community marketing You are right publicity and marketing will play a vital role for ONAM token and will also boost their chances of getting investors on boarding. The good thing with exchanges is that there is always this need. From what I've understood they got several applications to list tokens before even going public. It is going to be an interesting journey for Onam. You're right, they already have the market and users are constantly going through various exchanges to test out what best suits them, when a good exchange is spotted, the news spreads like wide fire among the community and brands, so its of utmost importance that the Onam team should endeavor to create a platform will be tailored to meet the requirements of the community |
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The plans of Covalent for the making of a new Internet sound really ambitious. I guess the project is really one for the long-term. It would be great when they could provide us a roadmap with important milestones and when they expect to reach them
from the look of things, the team are working tirelessly to make sure they achieve their goals but i would advise them to consider releasing a whitepaper as soon as possible No doubt that they are working hard. What I mean is that it would be great to know what are they are working on exactly at the moment. And when do they plan to finish a certain milestone. Yea, i remember stating something about the team creating like a video process of them doing some daily activities or something to keep the community talking and abreast of what's going on, it shouldn't really be about articles and all that but for them to create creative processes that will help in spreading the word about the brand, faster than anticipated |
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thanks for sharing, the article is truly educative most especially to aspiring entrepreneurs and business individual, i gained some crucial insight as regards marketing I love that this space has developed so quickly into a strong fintech niche I really think the project has really far it can grow as this seems like the beginning of something much bigger Yea, i do hope to see a situation where we can all have a taste of the tachain app and possibly see some reviews from individuals that must have boarded the tachain mode of transportation, it will be a boost to the entire ecosystem and the blockchain industry as well and that's really what the industry needs for it to become relevant |
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the latest "collapse" in the crypto market is not very helpful for Onam's ICO. The revenue was not very high before, I'm afraid in the next few days it will not get better. For ICOs, it really is time for the next bull run to start
i really want the bull run to start we have experienced so much dip i believe it is time we start seeing a high in the market it is very important for ICOs as well as investor Haha ya it’s a rollercoaster but I tell you day traders are having a field day with this much volatility as they make cash long and short of the market in both directions they earn You're right, things are really playing in favor of some individuals, just like i stated sometime ago, that the market is terrible doesn't mean some people are not having a field day but it will surely affect the general perception of a lot of people that intend to invest in the market and possibly in onam but i hope to see things change in the coming week |
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