How about the revenue sharing system, will we get 20% Jarvis Dollars every month from the Jarvis Reward Token JRT we hold?
Yes, they are going to distribute 20% - 40% of the revenue generated by the exchange to all holders of Jarvis Reward Tokens every month in the form of Jarvis Dollars. That would make it a security token, right? Or does it count if those "dividends" are paid in Jarvis dollars inside the site? If someone knows, please let me know. I’m most interested in how they are working together to fix the errors of other projects. Earlier, the exchange refused to list projects that distribute dividends to their holders in this way. Or will they make it different? Exchanges will need to be compliant with regulation to list token considered as security in the juridiction where they are located  So not all the exchanges will be able to list it. |
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How about the revenue sharing system, will we get 20% Jarvis Dollars every month from the Jarvis Reward Token JRT we hold?
Yes, they are going to distribute 20% - 40% of the revenue generated by the exchange to all holders of Jarvis Reward Tokens every month in the form of Jarvis Dollars. That's a lot to share. hopefully they will have enough left to cover the operational costs. We will start with 25%, and if the financial situation allows for it, we will gradually increase to a maximum of 40%. I will sound ideologist, maybe demago, but our goal is the redistribute most of the revenue, and not only to token holder, but charity as example; and to keep enough funds for the operationnal and developpement. |
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How about the revenue sharing system, will we get 20% Jarvis Dollars every month from the Jarvis Reward Token JRT we hold?
Yes, they are going to distribute 20% - 40% of the revenue generated by the exchange to all holders of Jarvis Reward Tokens every month in the form of Jarvis Dollars. That would make it a security token, right? Or does it count if those "dividends" are paid in Jarvis dollars inside the site? If someone knows, please let me know. Yes, in some countries In the Cayman Island, there is no security nor utility token; but after the ICO we want to be registered in Europe, to be regulated as such. |
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I will suggest to add a live counter of raised fund just near the count down to remaining days for pre-ico round. Even in normal market conditions small investors specially like to watch the secured funds. Now in this phase it will be encouraging to many people. I like the idea of your exchange and whatever you want to develop but if you consider this suggestion useful do it.
The counter is good if you have big initial wave of investors or if your pre sale went good, otherwise it can be even worse to put it on. Its so interesting to see that most of their pre sale investors are from fiat, one year ago, it would be the other way around no doubt. I agree on that, let's be honest, if after two weeks into an ICO you see a counter which shows , for example $20000 invested, are you going to throw money in it or start questioning why isn't getting traction? We have lost the meaning and the value of money... I have seen very successful startup being funded with 200 to 500K usd... Successful Kickstarter campaign raising 50 to 100K USD. Facebook started with a 100K seed. Raising 20K is great. 20M is better for sure! But let's go back to more realistic numbers. ICO has really made us think 500K usd is nothing. |
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There will be a real time counter. If people does not invest in the ICO, then they will not The founders have based the success of their company on transaprency. And it worked pretty good. At the moment the project is under the radar because we refused to use our money to pay overpriced PR article or marketing campaign. It will not stay like that forever  |
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I will suggest to add a live counter of raised fund just near the count down to remaining days for pre-ico round. Even in normal market conditions small investors specially like to watch the secured funds. Now in this phase it will be encouraging to many people. I like the idea of your exchange and whatever you want to develop but if you consider this suggestion useful do it.
Thanks a lot, yes we will plan on doing that this week Good, actually the absence of that feeling like you didn't raise any or enough funds and trying to hide it even while it is opposite. That would be a nice addition. We will not be ashamed if we do not raise a big amount anyway The private sale was an unexpected success (our initial plan was to raise 35-50k then to go to VC to raise 250 more... we ended up raising over a million... no need for VC then). |
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Voici donc le lien pour participer à l'ICO https://tge.jarvis.exchangeJe me suis permis de le mettre étant donné que vous (Jarvis Edge) ne l'avez pas encore fait. Merci, j'allais justement le poster |
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I will suggest to add a live counter of raised fund just near the count down to remaining days for pre-ico round. Even in normal market conditions small investors specially like to watch the secured funds. Now in this phase it will be encouraging to many people. I like the idea of your exchange and whatever you want to develop but if you consider this suggestion useful do it.
Thanks a lot, yes we will plan on doing that this week |
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"Softcpa" has been reached a year ago we started the project already, and we will launch pretty soon. If the hardcap is not reached, tokens will be burnt. What do you mean exactly by 'soon'? Can you already tell us an estimated date when you are going to launch the exchange? Soon would be Q1 2019 so after the presale, and before/during the main sale. |
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The TGE starts in less than two days. The token price is set to 0.1 USD / 0.0005 ETH, but the price of Ether is in a free fall. How will you handle the token price with the current volatility?
Would like to know the same thing as well! Hello ! So it is 0.1 USD per token, and its equivalent for BTC and ETH. |
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"Softcpa" has been reached a year ago we started the project already, and we will launch pretty soon. If the hardcap is not reached, tokens will be burnt. What do you mean exactly by 'soon'? Can you already tell us an estimated date when you are going to launch the exchange? According to the roadmap in the Ann they plan the official launch of the exchange in Q2 2019. I think it was previously planned for Q1 resp. March 2019 but they probably have changed the launch date because of the new main sale dates. The roadmap on the ANN is not "correct", we did not have the place to be very specific, so we grouped a lot of milestone in Q2 2019; the correct roadmap, more detailed, is the one of the website; so we keep the Q1 2019 |
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So what was the minimal amount to pay in fiat, I remember I saw it somewhere, cannot find now:(
Thanks in advance!
So we use Indacoin or Changelly for fiat, you can start with 100 JRT (10 USD). But at the moment Indacoin is having a big update, so it will only be available on wednesday. |
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The TGE starts in less than two days. The token price is set to 0.1 USD / 0.0005 ETH, but the price of Ether is in a free fall. How will you handle the token price with the current volatility?
So, 0.0005 ETH was equivalent to 0.1 USD, but the price of the token is pegged to dollar (0.1 USD). Are you gpoing to decrease hardcap? 21 mln is too much in this bear market. And how much were raised in private sale? Softcap reached already? "Softcpa" has been reached a year ago we started the project already, and we will launch pretty soon. If the hardcap is not reached, tokens will be burnt. |
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The TGE starts in less than two days. The token price is set to 0.1 USD / 0.0005 ETH, but the price of Ether is in a free fall. How will you handle the token price with the current volatility?
So, 0.0005 ETH was equivalent to 0.1 USD, but the price of the token is pegged to dollar (0.1 USD). |
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They are not affected by this market, because they have 99% of contributions done in fiat
Our private sale, which will finish tomorrow by the way; and 99% of contributions were done in fiat, by non-crypto holders.
If this was on last year that %99 fiat thing would be very bad for them. But right now it is what saved them. What a bloody bear market... A lot was last year! But even if we would have received crypto, we would have sold most of them as soon as we would have received them; keeping them is playing with the money of your contributor... the exchange development couldn't be paid in ETH or BTC, so better do not take the risk; if we want to speculate, we can do it with our own money, not the one of our supporter. |
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As I see exchange launch in Q1 2019 (probably in March). But why no info in roadmap about beta exchange launch? As I know almost all exchanges have beta testing before full launch.
As far as I know, they are working on the project since 2 years and beta already exists. It Would be pretty exciting to see the MVP. I'm pretty curious on how everything works. One video of the trading interface is on YTB Got a link? Must have missed this somewhere or i may overlooked it. Sure : https://www.youtube.com/watch?v=w3SNOyQV2xEso the exit of the exchange is scheduled for March? thanks for sharing the video, a different way to make trading easier, more versatile i see that the interface can be use with the largest exchange, when we can test/try this beta?... The detachable trading interface will be launched after the exchange, so still a bit to wait |
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soon exchange IDAP, EMX, SpotCoin coming, for example. Do you have a comparative analysis with various exchanges? How do you intend to attract traders?
Hello, we did not make a comparative analysis, all these exchange, especially SpotCoin, are great. But it is a good idea, I can work on that next week. - From what we can say, regarding value proposition : IDAP proposes various asset, so does Jarvis. They also deliver derivatives, and free trading. - Spotcoin shares its revenues with token holder, so does Jarvis. - EMX is like IDAP, but with trading fees and less derivatives (only futures). Jarvis has a different value proposition: access to the same markets to these exchanges, but also to Dapps, and the interoperability between assets; so you can trade Apple from bitcoin, or Oil for gold. Assets within Jarvis can be utilized as a medium of payment, as a collateral or can be lent. User can create their whole ecosystem around the exchange, it is not another exchange. Jarvis value proposition is about experience, not about creating another exchange with more products. Plus, from a UI point of view, we do not use TradingView like all the others, but our own charting library; the UI features will allow any developer to create a plug-in on the top of the platform (we are very developer orientated), will enable to monetize content, analysis, so it will be perfect for influencer and trading communities. Trading communities are important for us, as we are leading one in France (19k+ Fx traders), and our ambassadors as well in Spain or Germany. This will give us a very good exposure in the Fx industry, so easier for us to acquire Fx trader. We are developing tools for these communities, to manage them in an easier way directly from the platform. As example we have developed a tool to send an analysis from a platform to another platform; so people selling their analysis, or trading plan, can use this feature to replace email as example. This alongside with others features (such as mouse trading) drive a lot user acquisition. But anyway, there is room for several broker and exchanges, and at the end, only being user-centric matters to drive users acquisition; since our business model do not rely on fees, but on communities, we can also easily adapt to the competition by droppinf our fees near 0 if needed one day to increase user acquisition. |
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At the moment, the cryptocurrency market is experiencing very difficult times, and such projects are losing relevance. But I believe that this project can survive.
I have my utmost belief that jarvis exchange will survive the current situation because their idea and platform is solid. That might be, but do investors see it the same way? I am afraid, that maybe no, at least during the presale. But it will be a good news for the people who will support us; it means the project will move under the radar, the number of token destroyed will be important so the token will have even more value. So if the "market" does not value our offer, we do know people that will value it (unfortunately, in exchange of equity, something that we try to avoid at the moment, hence the ICO). |
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