Now I have looked at the homepage so many times, but that Onam has so low fees, I notice only now. Only 0.05%, that's really low. Hopefully this is not just about winning customers in the beginning, but staying that low for longer
Yeah. Low fees. But i saw that their listing fee is high. I guess it is a method of attracting only the big boys to their exchanges. I would really like to know how high their listing fees actually are. Does anyone have a concrete number or a statement from one of the team? Or is it pure speculation that the fees for listing new tokens will be high? Not quite sure about the listing fee but i believe it will be on a considerate level but its funny how some individuals see an exchange with low listing fee, they consider such as a poor exchange or something or one with low value but the fact still remains that the fee need not to be exorbitant, seriously the fees are really ridiculously high I think for now they must ask only some low fees on their exchanges or they can also make some voting competition to have some new pairs of coins on their exchange. yeah, adding new pairs of coin is going to be wonderful the process exchanging multiple coin to get ones combination is tiring they should honestly consider that They already have 22 tokens ready to start trading once they go live. From the way this tokens trade on the exchange we will know if the high listing fee is justified. |
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There should be an update on progress weekly. Keeps investors in perspective. I panic when I don’t see some response from the team. I guess it’s same for most investors.
Panic may be exaggerated, but you are easily disturbed if there are no updates. Tachain may publish new articles every now and then, but they have little to do with their own project. I would like to have at least bi weekly project updates I think the weekly update will come in after they have raised the required funds needed and have moved their focused solely on implementing the project, bringing it to reality. |
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I have read enough about this project and i can see that they have a lot of amazon features planned out for the project which will be very beneficial to everyone. Smart usage policy from cova is the future.
One thing that intrigues me about COVA is their community development approach, they do more of physical meetings which is quite a unique way to get closer to the community and make them believe in the process that they tend to offer, also it instills confidence because they are not hiding behind the curtains or focusing on virtual process, unlike the norm Yeah. They had recently been hosting meet ups upon meet ups from one location to the other. They are concerned about their community knowing about the project. |
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I have read enough about this project and i can see that they have a lot of amazon features planned out for the project which will be very beneficial to everyone. Smart usage policy from cova is the future.
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Thanks for the explanation, now I finally know how it works That's almost like being at the casino, and I like going to the casino:-) Yes, this article really helps to understand how gambling/betting with Orbit works. Is it correct, that joining a ring is comparable to buy a lottery ticket? The more often you buy into a ring, the higher your chances of winning are. So i guess buying into a ring is one of the most important aspect of orbit. Is there a speculation if the price of the ring will be fixed? |
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Now I have looked at the homepage so many times, but that Onam has so low fees, I notice only now. Only 0.05%, that's really low. Hopefully this is not just about winning customers in the beginning, but staying that low for longer
Yeah. Low fees. But i saw that their listing fee is high. I guess it is a method of attracting only the big boys to their exchanges. |
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I hope we get more information from the team I mean if we could get some more details on their upcoming expansions it would go a long way to assuring everyone including existing investors
Updates from Tachain team is coming very less now a days, I can imagine there will be less things to announce every week or month. But during the ICON I expect project team to be more active. I always want to think that the team is busy with development hence their delays in giving out updates on this thread but they sure have proven to be active on twitter and telegram. Never been on their telegram but I heard that they are pretty active on their didcord channel and are even doing a giveaway there. |
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I remember I once complained about the high minimum investment on Onam ICO. Now you can get in Onam token sale with $50.
Ya it's much more accessible now for people that only want to risk a small amount, I tend to use small 50$ or 20$ investments for project's i'm warry of as it's a good way to oget in early if the tokens end up going to the moon after launch or after a year, and its minimal risk to me I think with ICOs now public sales generally do not perform as well as private ones? I think the market now is not performing as it used to a year ago. I think most of which is contributed to post sale and the progression of the project. The reduction to 50$ would give an opportunity to more people. But once the MVP is released sooner or later, it should take more time to hit Hard Cap, only if it got all the features they promised Yeah, I hope they will have some of the features that they said before they release their MVP so the chance for reaching their hardcap is really possible. ya but still I think in current market situations effort should be in investors. I think much of the ICOs doing public sales are having a hard time selling? I am not sure where ONAM is at at the moment but I think the focus should be for the large investors. Well you can get access to advanced features of ONAM exchange by holding and using them! Features like Ai bot that'll analyse the market and giving you the list of hype project which can bring profit and all that info! So if I do not hold any onam token I won't have access to all these special features. I guess holding will pay more. But is there any specific amount of tokens I am expected to hold? |
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Does this mean, Tachain going to start own exchange? Or will only provide Fiat to Tachain tokens exchange for car ride?
I just looked around on the Tachain homepage, there is now some new information. And it looks like they really want to build an Exchange that will allow more and more cryptocurrencies to be tradable over time. I hope they do not take over, they really have big plans i dont think they want to build their own exchange it will be a very complex system i advise they focus on the task at hand Don't see any reason they would need to, they don't need to reinvent the wheel to allow for crypto people to get a crypto ride and fiat people to get a fiat ride, but advertisers would still pay by purchasing the tokens, and users/viewers would still get paid in crypto regardless. Why they will start their new exchange? I don't think this is a their business. I mean they will do it but not now. Might be after sometime. That information is still held within the team and has not been disclosed to the public. I am sure they are focused on the other main parts of the project for now. |
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Does this mean, Tachain going to start own exchange? Or will only provide Fiat to Tachain tokens exchange for car ride?
I just looked around on the Tachain homepage, there is now some new information. And it looks like they really want to build an Exchange that will allow more and more cryptocurrencies to be tradable over time. I hope they do not take over, they really have big plans i dont think they want to build their own exchange it will be a very complex system i advise they focus on the task at hand Don't see any reason they would need to, they don't need to reinvent the wheel to allow for crypto people to get a crypto ride and fiat people to get a fiat ride, but advertisers would still pay by purchasing the tokens, and users/viewers would still get paid in crypto regardless. Why they will start their new exchange? I don't think this is a their business. I mean they will do it but not now. Might be after sometime. The Tachain project consist of three areas, transportal, AdNet and TMARQ. The exchange TMARQ is the last of the three areas. But I think it is necessary, because not all users of Tachain are familar with cryptocurrencies, taxi drivers for example. They can change Tachain token in any other currency within the app. Might be it will possible that they will launching exchange and it will really great Idea. Because I agree with your statement that everyone is not a familiar with Crypto currencies. I read somewhere in this thread that they will be making their own exchanges too. I hope it is true though. It will make things easier for everyone. |
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On website I seen that MVP launching in November 2018, anybody have idea about that exactly when that available?
Yeah. One of the reddit admin told me that the mvp will be out this month. So I expect that it will be released this month but no expected day yet. |
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Gambling is as old as man. Really, many people have lost a fortune and still more have made a fortune from gambling. It keeps revolving. Now we got Blockchain coming into the lucky win game. There’s an opportunity for gambling on Blockchain, everyone in crypto is a risk taker. And wouldn’t mind placing a bet when the odds are good. I think Orbit would do well.
"everyone in crypto is a risk taker"This is very true, A lot of risks involved right now in the crypto and it feels like gamble everytime you want to invest no matter how trustworthy the project is or how reliable the team posed to be A great thing with Orbit (and gambling on the blockchain in general) is that you take away the middleman. No need for shady betting offices anymore when 2 people can bet directly against each other with the help of an immutable smart contract. I have noticed that most of this blockchain projects aim to take away shady middle men that is usually with the traditional processes. Why is that? |
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Some other exchanges are offering trading competitions where you can win some nice prices just by trading. Does anyone know if ONAM plans to host similar events?
Most exchanges do that especially in the cases where a new token or coin is listed on the exchange. I hope onam takes up this good practice too. |
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I am getting bored now by this market. Feeling like everything is paused for now. Its November now and BTC, ETH trading at low of 2018. No sign of market recovery.
Exactly. I am scared we are going to see another market fall with the way everything is going. I don't know why the market is not recovering at this time. |
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The 10eth reward is quite huge and am sure this will bring in different folks into the system. How often will this reward come because am definitely looking out for it..lol
I think I am also going to try my luck for the 10 Ethereum. I don't usually do stuff like this because I have never won but this can be my luck. |
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Even though I am very happy about the move by the project team, it is not quite understandable for me why.. Instead of moving forward with pre-sale, team could have started with their mainsale right? I do not understand that either. But actually it does not matter what they call it, no matter if Presale or Mainsale, the token sale now takes 3 weeks longer. And at Christmas they will hopefully be happy about many receipts Yeah, I think the whole 'pre-sale' and 'main sale' periods are a load of rubbish used by ICO's to encourage investors to get in earlier and invest more. It's a good technique but I don't think it is so popular anymore as a lot of projects just run one token sale. I think the price difference is what they are using. And i think they are extending the period so others can have the opportunity of buying at a cheaper pre sale price. |
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I checked it and it's really amazing. Sooner or later we all know that blockchain will really going to change the future I know tachain will going to be part of it. I can see tachain already part of it. Their idea is really going to help them take over the transportation and advertising sectors because of the implementation of blockchain technology. |
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The ONAM MVP will be released in two weeks time, I'm really looking forward to seeing the exchanges UI and matching engine capabilities. However, I am even more excited about the public beta which I believe is planned for January. This is going to contain all of ONAM's core features and AMM tools. I for one think the trade assistant is going to be a game changer for crypto exchanges.
My excitement is growing as the day goes by. I want to know if the team is really all about action or just mere talks, I can't wait for the MVP and the Beta release is even better.  Now a days every coin is releasing their MVP before the ICO only but why these people are taking so long to release the MVP. People are waiting the ICO to complete and how long they are going to take in order to release our tokens? LOL, I don't know how long you've been following the project but you really need to get your facts straight. ICO started on the 1st of October and was scheduled to end on the 1st of December but was postponed till the 21st. You call that long ICO? I don't know man, but I've seen worse. Onam is developing exchange, which is not easy or small task. Onam will release MVP when they are ready. No need to start crying about MVP dates. I think developing an exchange is not that easy and it is more complicated if you want to implement some new and unique features. ONAM announced that the MVP will be ready by mid November. There is no reason to be impatient. They will surely get ready before then. Mid November isn't even that long anymore. I can imagine the level of work needed to put in an exchange. The skills needed to implement these technologies. They have really done a great job. |
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Nice article. Blockchain is the future. All new projects are based on blockchain technology now. Not only entertainment but even medical, banking, education, everything will be based on blockchain now. The blockchain is really going to sneak into the various sectors or parts of the world. Just like how AI and machine learning came and various tech companies where teaching their users how to use this technology, i see so happening for blockchain too. |
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Thanks for the feedback, if you have any ideas how we can promote our project to the community without being cheesy we would love to hear them :-)
First, you could publish a little more information on the homepage. I have learned a little more about this project in the Discord Channel, but it would be better to put this on the homepage Honestly discord is one of the best community chat platform but I hope they will really going to put some details outside of it like what you said on their homepage. Yes no doubt on that! You can put detail there in different section, categories them and give members ranks and all those stuff! Orbit did took a platform wisely! But many people find discord a Hard interface! So putting some info outside will be really a great idea! Are there any blogs or articles written about this project that one can read and follow to get to know more about this project? Seem to find only little information about the project. |
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