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!
A lot of exchanges are out there clamouring to be among the first 50, it's a tall dream to aim for first 10 this days in this very competitive environment such as this, we really hope they stay consistent and right on their aim to achieve this feat I agree with you friend. Aiming for a slot within the first 10 slots is a rather unrealistic goal at this early stage of their project. Lots of exchanges have been in existence since the early days of bitcoin and knocking them out of that spot within a few months doesn't look doable to me. As unrealistic as it may sound, it still can be doable because anything can happen in the business world, we've all heard of small brands coming into the market and putting big brands in place they never expected, so yea, if they can deliver something much more unique to the community and generate good reviews, they can certainly change the situation of things What other truth is there? I can't imagine anyone thinking impossibilities in business. All it takes is commitment, planning, dedication, drive and of course funds. With all this in place, I really see Onam doing big in the industry. Yea, those who started such did so without knowing the outcome but the fact that they have a vision and dedicated there lives to making such happen led to the outcome of a successful niche, today, a lot of brands are coming into the picture from the foundation laid by another individual or set of individuals, so onam can set another clean record if they are dedicated |
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I just checked out the tweet but the good thing that such will do is the addressing the issue of spam ads, sending targeted adverts is a thing that will differentiate tachain from the usual adverts that we see everyday on our gadgets, it can be annoying and individuals now download apps to take care of spam messages but is good that they intend to handle it |
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I see you're making a Platform to make Money transfer worldwide Easier!
And seem to have a good number of Partners listed in website!
But services like WU transfer really interested in being decentralization with REMCO?
Who is the nearest competitor for Remco? Is it closer to Paypal? As far as I know, Paypal does not use blockchain. There are lots of room for improvement in this field. No doubt about it. Yea, paypal is not a decentralized platform, so the mechanism in place for REMCO is quite different from that of paypal, that's something to leverage on and we know that the blockchain industry has so far been proven to be a lot faster than the traditional means of transactions, though a lot of improvements still needs to be done and i realize that their security process is quite unique |
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One thing that I really like is the "Fast Transactions, almost instantly"
It will not run as Ethereum network, where you have to wait for many confirmations, which sometimes takes a really long time?
Have you tried using any of the products to confirm the transaction speed? I assume it will be faster as they are an independent blockchain. I think in the country I live in I can not test the app yet. For that I have to wait until 2019. But maybe there are already reports from someone else? I'm also waiting for someone to give some feedback or review about the project product but it looks like no one from here try to use it. I hope there will be someone who can try it to inform us. If someone from an permitted country can post a review or give feedback about the app and the functions, it would be very helpful. What countries are in the permitted list at this moment? Only in Asian countries? That kind of information would be highly helpful I downloaded the app and i could only choose between these countries at the moment: Australia, China, Hong Kong, Indonesia, Macao, Malaysia, Singapore, Taiwan and Thailand, this information should be available on their website too. I think that's good for a start, though they all seem to be from the Asian part of the world but with time they should spread to other continents as well but does it mean if one is not located in the stipulated countries, he/she can not have access to the full functionality of the app?, if so, any plans of getting other continents onboard? |
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Your Exchange will offer many features that beginners may not know so well yet. I'm sure you will provide assistance, but will this be available in different languages? Will you have the Exchange translated as a whole?
What I understood is that they are going provide 24*7 support that too in multiple languages. So guess they will add tutorial/video about Onam exchang. right, the 24/7 Live Chat Support in different languages I almost forgot. Then there will certainly be tutorials in different languages That is amazing indeed, i don't think they should translate the whole exchange, if it is just in English it would be good enough almost everyone knows that, if you still don't understand it you have the Live chat support. for this level of support, an entire team is required, and these are dozens of people who require salaries and large resources. especially if they are in several languages at once to communicate with users. see if the team has enough money for this. I think it is easier this days to translate a whole exchange site. I have noticed that most big exchanges got this feature. I always wonder how they do it though. it seems that this will be more promising with support from several countries that will be very well understood by those who do not understand English You are right, a support for several languages will be helpful, but it is very expensive. I think for the start they should focus on some languages fo the support and translate the website. Yea, such will be great but it's best that they start small before thinking of going all out with things such as these, right now they should just focus on establishing proper communication with the key languages, i believe with time, when they are established, they can think of such but its's a far fetched issues at the moment |
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Do you guys think the team will be able to spread to more markets beyond the initial areas fast I really hope they can grow to a solid number of countries
I strongly believe it's possible though. They might be starting with a selected few country but I expect them to scale faster based on the business model. To be realistic I don't think it will be that possible to rapidly move to other markets. It will depend on a lot of factors. Starting with how well they do in the current region to how long they have to take to study the next region they are trying expand to and doing all the risk analysis,feasibility studies and so on. You do have a point, it will take dedication for such to be accomplished, it's possible and feasible if the team is unrelenting, they have started out really well by the issuing out of vehicles and their app, though i'm yet to see that for the android device, the team is the determining factor here and only time will be able to define the brand |
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I think the most important part of this project is the fact it’s a niche that really needs reall world attention hopefully this is something that actually comes to fruition. I mean we see a lot of projects with no point succeed I really hope this one that has a real purpose gets the attention it needs
I feel it'll that's if the team plays their cards right i.e good marketing approach, partnership etc. Ya that tends to always be the case, they just have to continue making small inroads and trying to expand their visiblity, things like articles, videos, and attending conferences go a long way to build up a following and a community around the project, and offering a real service for their platform that people can use and take advantage of like escrow is a great way to make sure they stick Agree. Team need to focus on marketing part. Need to try lot of options. I don't see followers count going up for their social media channels. I am getting that vibe that they are towards marketing now more than before. I think they should consider meetups and conferences now. I believe they will get to expand their network and maybe land partnerships with other ICOs. Meetups is really an essential component to any intended project that tends to boost the confidence of the community, they should really use such avenue, natmin is quite different with it's own unique process that involves the community, flexible as both the traditional and the blockchain system can use it just like i state earlier, so getting people to use it will require less effort |
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From the first sentence of this btt thread its state the remco is the first. Does this mean remco is already an operational business with a working product?
They confirm this in the sentence below, Remco is a new company but their parent company already has payment licenses and has processed billions in transactions for Western Union and lots of other money transmitters in the US. Yes, that's something that ought to be considered here, they've made some serious landmark and can boost of some salient points that will drive up the confidence of the community, a staggering amount of 3.6 million users and a millions of done transactions under their portfolio which reflects good leadership, not trying to drop praises but i believe their whitepaper speaks for itself |
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I saw the number of the the softcap and hardcap.
Why do i think that the gap between those two is really big. Will it be enough amount to run the project if only the softcap that are reach, considering you put the hardcap that much.
The same discussion at every ICO:-) i dont' know how they calculate the hardcap, but honestly i don't care. They have already reached the softcap, and this really Impressive in times like these Never knew that the softcap has already been reached which is a good thing, they have some pretty interesting concept and features to go with it and did you see the numbers of financial partners that they got?, its overwhelming, so it seems they have what it takes to make the project a successful one and it's good to see interesting projects coming up in the blockchain industry |
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Do you guys think the team will be able to spread to more markets beyond the initial areas fast I really hope they can grow to a solid number of countries
Well i do think they can if they actually get it right, the initial stage matters a lot and can either make or break the brand, the specific areas of their starting point has potentials, at least some from the Philippine attested to that when it comes to having commuters, so it's all about the team crucially planning out modalities that can sell them a lot faster |
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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!
A lot of exchanges are out there clamouring to be among the first 50, it's a tall dream to aim for first 10 this days in this very competitive environment such as this, we really hope they stay consistent and right on their aim to achieve this feat I agree with you friend. Aiming for a slot within the first 10 slots is a rather unrealistic goal at this early stage of their project. Lots of exchanges have been in existence since the early days of bitcoin and knocking them out of that spot within a few months doesn't look doable to me. As unrealistic as it may sound, it still can be doable because anything can happen in the business world, we've all heard of small brands coming into the market and putting big brands in place they never expected, so yea, if they can deliver something much more unique to the community and generate good reviews, they can certainly change the situation of things |
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So this means even if the softcap isn't reached, the project will go on, right? Sounds good for all the investors but I ask myself why they set a number for the softcap if they will continue anyway. Because I guess for most people a softcap means the minimum amount a project needs to raise to be able to work with. It would sound much better if they could say officially that they already reached their 'softcap'.
They already got a working product. And as they said they are making profits as well. The ICO project was to give everyone an opportunity to be part of a milestone. This means getting up to softcap or not won’t delay the roadmap. But I don’t understand why they need the funds from ICO? A lot of implementations may have been set aside that will put them on the limelight, don't be surprise that marketing will take like a huge chunk of the project and as such, funds will be required, even though they already have a working product but this past week has been my first time hearing about the and i'm pretty sure many are on same lane with me, so a boost of the brand is needed and funding is required |
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this is a big project that we have to support, I am sure that the hard work and cohesiveness of the team will definitely provide the results that have been targeted, everything will work as planned success will be achieved for the future of this project.
When the Bounty requires KYC, I make sure it's a big project, especially with the famous Bounty Manager. We see that REMCO has the support of its website from McAfee, meaning that this project is good to support. Ya but i also feel that if a project is taking KYC serious this means they are most likely more serious than others, as KYC tends to turn people away companies dont tend to do things like KYC unless they feel its needed 100%. The fact the team takes their legal requirements seriously shows they have a great handle on the reality of the situation for their niche and regulations Yea, looking at their profile, they seem to mean business in keeping things by the book and alienating themselves from any form of controversy as regard to the KYC process, is of utmost importance that such be done, investors are taking the blockchain industry serious these days and it's no longer child's play as usual and i see they have some promising prospects |
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I tend to hold bounty tokens for a long time, but ya i get the fear i've lost out on a few thousand dollars from not dumping, but tat the same time i've got a nice chunk of bounty tokens that are still growing which is great, i think crypto as a whole is a hodgepodge of people guessing what to invest in and what to hold or sell hehe
the craziest part of it is the time when the market is in total mess times like that i would be wishing i did DUMP those token when it still valuable but like you said no one is certain of anything Hehe for all we know tomorrow alll altcoin will be up 500% it’s a lot of possibilities and who really knows what’s possible over the next days months or years 500% and climbing that would be the most interesting thing that will happen to the whole cryptocurrency world i really want to see that happen it gonna make a lot of people instant millionaires That's the unpredictable nature of the crypto market and the blockchain industry in general, anything can happen with the market, one can make profit overnight or crash as well but it will be nice to have some sought of stable environment because with an epic rise comes an epic fall, so a steady growth will be really nice as it will be more healthy |
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I tend to hold bounty tokens for a long time, but ya i get the fear i've lost out on a few thousand dollars from not dumping, but tat the same time i've got a nice chunk of bounty tokens that are still growing which is great, i think crypto as a whole is a hodgepodge of people guessing what to invest in and what to hold or sell hehe
As a Bounty Hunter That's what everyone needs to do for not killing the project! And for a Service based Project the Demand will never decrease so does the value! So you should hold NAT as long as you can really! When it comes to NAT token, there seems to be some sought of confidence in the case of holding it, just like i stated sometime ago, they have a very nice approach to a very serious problem in the blockchain community and the traditional community as well, this is so serious that individuals now create some sort of small community among themselves to help them with escrow process |
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yes, we will continue even if softcap is not reached as we have a working business that is already making profits.
Functioning product and profits, that should be enough to reach the softcap easily. But in the current market environment, it is probably difficult even with it. For me it is enough to make an investment, I'm in :-) Yea, that's something to consider, i once stated something about having a track record and it's obvious that they have been in existence before now, so it's quite an encouraging aspect of the project that investors must have seen to enable them reach such amount and in such a tough period in the cryptocurrency market and with their massive campaign, they may likely hit their target |
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I wonder what other ways ONAM will come forward with to set themselves aside from th rest have they said how they will be handling listings will it be via fees or voting or what?
Most exchanges don't handle listing with only one method. They usually do with fees and voting, I hope onam case won't be different too. Unless they are planning on creating their own listing method. Yeah, I hope they will have some affordable listing fee because some of the exchanges now are asking to much and some of them are good because they can list a coin by voting competition. Price should be good for both, for a project which they can afford and for Onam supporting their operation cost, plus future growth, and giving return to tokens holder. Yeah, Listing fee will really going to be a big help too to the exchanges to maintain their services. I know they will not going to have this kind of problem once they fully launch because the more trader they have the more they can have for maintenance. The listing fee of most exchanges are ridiculously much, that's one aspect that this brand should consider addressing if they tend to stand out, it should be balanced to accommodate projects that tend to list, so a combination of a good platform and a considerate amount of listing fee will surely give them an edge that will help them overcome their competitors |
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I hope they release android if for no other reason that people can stop asking when the android version is coming out i swear in the telegram thats all people ask for the last month, i mean i get they all want the app but they also dont want a bug ridden app that crashes
This shouldn’t be a problem. The iOS release was a test, to see how it functions. Once ICO is done then full app release and Android won’t be much of an issue. The team has received a lost of interest. Hope we continue to see this coming. I honestly would disagree with that thought. I think it is crucial that the team delivers. It reflects the capability of the team and their dedication. If delays keep happening it is not really good for the team. I understand that once the ICO is over they can focus on the development but it is also important to have it out now. That's a fact, investors and potential partners are watching and it won't be a good thing if they keep seeing incessant delays or postponement, it's of paramount importance that they deliver, even if they can't deliver at the stipulated time but any postponement after that should be adhered to, such instills confidence in the hearts of investors and will drive up the community base Exactly. Looks like we will be hearing good news soon as reflected on Telegram. So I guess for now we have to wait and see. Hoping the team delivers. especially that we are closing on the launch date. What good news?, i'm not in their telegram group so i must have missed out, can you fill me in on that?, and i'm seriously hoping that's going to be about the android platform, such is what the community needs at the moment, at least have a glimpse of the platform and drop reviews that will further help in the marketing aspect of the brand |
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Oh damn, the bounty campaign is already in the 6th Week and ends in less than a month. I think participation in the signature campaign is not really worth it anymore. Although there are not many participants... a hard decision
The whole thing goes down to the market situation, if it was a situation where the market was over the chart, i bet you, the whole place will be flooded with bounty hunters, so it's a general thing at the moment and fixed to only a particular project, i can vividly remember what it was like last year and earlier this year, the whole place was vibrant |
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I also think so and indeed if I want to get a lot of followers it certainly takes a long time and must do an interesting promotion so for now I have to be patient to be able to get a lot of followers, I am sure that over time it will come true
They need little bit push up then they will have huge numbers of followers on their social media channel. The most important is not the number of followers in social networks, but the number of investors who are willing to invest big money))) Social media can be used to spread the word. Many people/investors visit social media channels of the project to check the response from people. So that's important part of marketing. In this our time. Social media marketing is one of the top method of winning investors. If they can try to produce a good marketing scheme they can get to where they want to. I agree. Social media changed the way of marketing and its parts of everyone's life now. We can get the information about anything anywhere now I agree that social media is a great medium for marketing, but before social media businesses were being run. I'll say a strong connection is better than social media marketing. I know of projects that did social media marketing but didn't get positive result probably because their business plan was not solid. Now, take another instance, Onam sold out during private sale even with no much social media presence. Like I said, this isn't to take the credit away from social media, I'm just trying to chip in a new perspective. Yes, it is and you do have a point, it's not about creating promotions and all that, the point is, what do you have to offer?,if a brand has is offering something that has been in existence before now, the question will be, what makes them different from their competitors?, these are some points that should be noted by investors and is something that speaks about a brand |
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