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you need way more exposure for your project, not sure how you are going to resolve that problem but this is simply not enough in comparison to all those other projects out there. They are running a hell of marketing campaigns and you should be doing the same in a best case scenario.
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That's an amazing idea! Neurolinguistics is the future, good luck! I'll keep an eye on your project
Yes, the answers from the devs and their responsiveness in general convinced me to take part in this. Good luck for everyone! |
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So is tis tokenized investment fund different from other platforms? What is the main purpose?
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So you are also going to provide a stable digital currency? If not, then there is volatility risk involved within FNDs themselves. How are you going to solve that?
FND should be considered safe and stable, since it represents the investor's interest in a fund with a unique dual strategy: leveraging the high-growth opportunities of blockchain, whilst simultaneously mitigating its risks by allocating a significant proportion of capital to private equity assets uncorrelated with the blockchain sector, and it is not tied to BTC, ETH or any other cryptocurrency. I will do my best to provide you more details as soon as possible. Yes but yo can't hope for the market to regulate for and achieve stability. That is a completely different topic and very complex to solve. So far not crypto has provided a solution to a stable crypto that can work and scale for global demand. It will be a problem for you. |
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So has FATcoin already come to an end? It was such a genius name - too sad you are not going to pull it off  Yo guys this was such a funny idea and name for a project. Is this absolutely dead by now or any chance you are going to pick this up again? |
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but what have dash more than waves ot ethereum???
Dash has more sentences! More sentences use dashes actually!  Das has a lot more to offer, or let's say different things. ETH is not aiming to be anonymous. Dash has built up a whole community and developer ecosystem around the idea of an anonymous crypto. ETH is serving a different idea. Can't see why you would want to compare the projects. |
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Really curious about the final results of this project. Looks interesting.
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Thank god the spamming has come to an end. That was such a catastrophe. Why would anyone manage his or her thread with a bot? It's the worst thing you can do when you want to gain credibility....
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Looking forward to the announcement. It didn't look great, but nice to hear that you guys come up with a solution!
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So has FATcoin already come to an end? It was such a genius name - too sad you are not going to pull it off |
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Why would this coin be the first ever private equity coin? Can't almost any coin sold during an ICO be considered a private equity token?
Private equity here means that the funds raised during this ICO will be invested by an investment Fund - the Lowestoft Private Equity Fund - created by the experienced company www.finlescapitalmanagement.nlinto the real world operating companies and instrument - typical investment types include corporate lending, mezzanine finance (loans and equity), p2p lending platforms and other specialist instruments, e.g.: page 23 of the White Paper https://finles.capital/white-paper.pdfI see, but does that really come with a benefit over traditional investing? The principal benefits for investors are the following: - This ICO opens the door for retail investors to profit from PE investments. Traditional PE investment requires the investor to allocate substantial capital. This ICO backed by the fund is different. The minimum amount to invest is 1 FND=1 Euro - Investors can buy FNDs with their cryptocurrencies, and obtain the FND denominated in Euros to hedge the crypto volatility risks (while with the trandition investing, only fiat currencies can be used). So you are also going to provide a stable digital currency? If not, then there is volatility risk involved within FNDs themselves. How are you going to solve that? |
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After reading this post by Evan https://medium.com/@eduffield222/how-to-enabling-on-chain-scaling-2ffab5997f8b It appears that Dash is going to change the way that Dash handles transactions to something more along the lines of EOS with the delegated proof of stake along with the nodes taking turns processing the transactions to make "mining" fair for all participants. This is obviously a good path forward but a very serious change to the way things operate and also becoming more "centralized" than it currently is I didn't read anything of the sort in that piece... Evan talks about scaling the hardware a MN runs on such that the network can process very large (several 100 MB) mined blocks. There nothing in there implying that DASH is not going to be proof of work in the future. Collateralized mining is discussed as well, but not only have the details of that not been explained to the community -- it was recently removed from the roadmap (presumably pushed back to focus on Evolution). Can you quote the section that where "delegated proof of stake" or something similar is mentioned? This is from the medium article. This is nothing but mincing of words. Collateralized mining is StakingThe basic premise of collateralized mining is to require collateralization and a special mining key which is associated with each masternode to be able to mine a block. Each masternode is then capable only of mining a specific amount of blocks per period of time, creating a round robin mining effect across the network. This is how EOS will operate: The difference being that bad acting producers can be voted out. What measures are in place to prohibit bad acting masternodes ? Would the masternodes vote themselves to remove a bad actor ? This sounds more centralized than decentralized. Not trying to create FUD I am a dash holder, investor and part time evangalist If anybody finds the time and is qualified, I'd be more than happy to see these questions answered. I think those are also throwing up valid concerns. |
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Exactly, it is a lottery. It cannot be compared to eBay at all like someone here has done before.
There is a small auction element in the Snapup algorithm. Long story short: The more you are an active user on the platform, and the closer to 20% of the retail price of the product you are willing to pay, the higher your chances are to be the assignee for that Snap.However I cannot imagine that element will be long-lived. I think Snapup will fast realize everybody will bid 20% to get the highest chance. Because why would a customer lower the chance to win by say 50% just to get a 10 percent point higher discount on an already amazing 80% discount? Unless there are different motives, for example that it adds an element of skill so that it's legally not a pure gamble. But there are better alternatives for that, eg. a simple puzzle. Thank you Rigorous for steering the discussion into the right direction! Exactly what I am thinking. But as far as I can see, those things didn't really get discussed, did they? Has anybody ever commented on this? |
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Not sure who told me to read the whitepaper earlier but I honestly dont think anybody does anymore. Theyre honestly so long that I dont get it. Id actually pay a little for a service that would shorten them all down and condense them to their most basic points. I hope I just gave someone inspiration lol
This is why there are good investors and bad investors. Good investors do take the time and read carefully what is being presented in the WP. If they think it can work and the team is sufficiently qualified, they invest. If not, then not. On what are you basing your investment decisions on if not on the white paper? Fancy graphics? |
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It is not looking overwhelmingly good at this point. What is the overall situation?
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when was this project announced? (like before the thread start date)
I was thinking the same thing: when was this project announced? (like before the thread start date) When was this project announced? I was thinking the same thing... |
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Exactly, it is a lottery. It cannot be compared to eBay at all like someone here has done before.
There is a small auction element in the Snapup algorithm. Long story short: The more you are an active user on the platform, and the closer to 20% of the retail price of the product you are willing to pay, the higher your chances are to be the assignee for that Snap.However I cannot imagine that element will be long-lived. I think Snapup will fast realize everybody will bid 20% to get the highest chance. Because why would a customer lower the chance to win by say 50% just to get a 10 percent point higher discount on an already amazing 80% discount? Unless there are different motives, for example that it adds an element of skill so that it's legally not a pure gamble. But there are better alternatives for that, eg. a simple puzzle. Thank you Rigorous for steering the discussion into the right direction! Exactly what I am thinking. But as far as I can see, those things didn't really get discussed, did they? |
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You make a valid point of course, but instamines in crypto are to be seen negatively for good reasons I think. In most cases they get abused for dumping. If there was a huge instamine, being transparent about it would have helped a great deal maybe. But yes, as you said, we are all asking for equality, but then again it nowhere exists anyway.
Dash WAS transparent about it. And the Dash wouldn't be worth anything if Evan hadn't worked hard to take Dash where it is today. He built the team that is taking us to Evolution and beyond. Not only that, he is using his Dash to build the future, namely DAOs he will fund once we get to that point. These won't be DAOs for making himself more money, they're DAOs that are to function, somewhat like governments, an experiment he is wanting to try. To see if people can fund DAOs that serve the community, and be 100% answerable to the community, or they get fired and others hired. Not like a bloated inefficient and ineffective government like we have today. And believe me, those who were there and mined in the very beginning, those who had gotten that dam burst of coins were the first to sell them. I doubt any of them still own much of those Dash. Even Evan's friends and some of the great people there at the beginning have moved on, and even dumped their coins in rage quits. It's really hilarious, honest it is, to see "investors" (actually fools) throw their good money after all kinds of silly ICOs, each new one still draws more investors than the last. A fool and his money are easily parted. Me? I was a fool for a few hundred dollars by buying Dash. I can only say God smiled on me that this project turned out to really be something. I know I was exceedingly lucky, and perhaps there is something to my intuition - because I really liked Evan from the start. I liked his passion and his flexibility and his energy. It turned out to be a good call. Even when I did buy my Dash, by that point I was convinced that it was going places. The project had exploded with ideas almost daily, it was amazing. I know a lot of projects have taken the easy way out with web wallets to make things easier to use, but they're centralized. Putting account information directly on the blockchain... just bloats it (NEM I think?) and eventually, it'll be hard to retrieve. Dash is doing it right. Somehow, Evan et al have foreseen every issue, and come up with a solution to them. The plan is there, the work has been going full on for over a year and a half, and when Dash Evolution comes out, people will be shaking their heads wondering where all this came from because they weren't paying attention  https://youtu.be/m2ou-WIxfLY?t=1m36sNot saying you are wrong. Quite the opposite, you are definitely right. Nonetheless, people would hardly touch coins that get instamined as hard as Dash got unstained in the beginning. While Evan really worked hard, that will not be the case in 99/100 projects. So after all, I am fine with how it went. As you said, anyone could have made a ton of money even after all the scam accusations started. Most of them probably didn't as you said. agreed, if you buy dash everytime Icebutthurter post his fud here, you'll be millionaire by now. I guess we won't be waiting too long for a comment from Icebutthurter on this one |
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You make a valid point of course, but instamines in crypto are to be seen negatively for good reasons I think. In most cases they get abused for dumping. If there was a huge instamine, being transparent about it would have helped a great deal maybe. But yes, as you said, we are all asking for equality, but then again it nowhere exists anyway.
Dash WAS transparent about it. And the Dash wouldn't be worth anything if Evan hadn't worked hard to take Dash where it is today. He built the team that is taking us to Evolution and beyond. Not only that, he is using his Dash to build the future, namely DAOs he will fund once we get to that point. These won't be DAOs for making himself more money, they're DAOs that are to function, somewhat like governments, an experiment he is wanting to try. To see if people can fund DAOs that serve the community, and be 100% answerable to the community, or they get fired and others hired. Not like a bloated inefficient and ineffective government like we have today. And believe me, those who were there and mined in the very beginning, those who had gotten that dam burst of coins were the first to sell them. I doubt any of them still own much of those Dash. Even Evan's friends and some of the great people there at the beginning have moved on, and even dumped their coins in rage quits. It's really hilarious, honest it is, to see "investors" (actually fools) throw their good money after all kinds of silly ICOs, each new one still draws more investors than the last. A fool and his money are easily parted. Me? I was a fool for a few hundred dollars by buying Dash. I can only say God smiled on me that this project turned out to really be something. I know I was exceedingly lucky, and perhaps there is something to my intuition - because I really liked Evan from the start. I liked his passion and his flexibility and his energy. It turned out to be a good call. Even when I did buy my Dash, by that point I was convinced that it was going places. The project had exploded with ideas almost daily, it was amazing. I know a lot of projects have taken the easy way out with web wallets to make things easier to use, but they're centralized. Putting account information directly on the blockchain... just bloats it (NEM I think?) and eventually, it'll be hard to retrieve. Dash is doing it right. Somehow, Evan et al have foreseen every issue, and come up with a solution to them. The plan is there, the work has been going full on for over a year and a half, and when Dash Evolution comes out, people will be shaking their heads wondering where all this came from because they weren't paying attention https://youtu.be/m2ou-WIxfLY?t=1m36sNot saying you are wrong. Quite the opposite, you are definitely right. Nonetheless, people would hardly touch coins that get instamined as hard as Dash got unstained in the beginning. While Evan really worked hard, that will not be the case in 99/100 projects. So after all, I am fine with how it went. As you said, anyone could have made a ton of money even after all the scam accusations started. Most of them probably didn't as you said. |
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I understand the system, gamifying the shopping experience while distributing the discounts. If this takes off then it will be huge.
In your whitepaper I found the words "chance" and "win". It has an element of lottery, which is a game of chance. Therefore, considering the various gambling laws across the world, are you planning to get licenses?
Its not a lottery, its just auction. Ebay also gambling servece? I dont think so... This is not correct. On eBay, price is the sole determination factor, which has nothing to do with luck. In snapup events, there is a PIN that ensures the luck factor to be introduced into the drawing. It is a lottery after all. How exactly works this pin system? I thought that this is lottery with Karma system build-in Exactly, it is a lottery. It cannot be compared to eBay at all like someone here has done before. |
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