Is there any further announcement from Vanig team. I am really hoping that Vanig team have managed to find some good partnership options.
The major announcement everyone is waiting for is that the community test of the mvp was successfully and it is going to be released to the public immediately. i think we're still awaiting to see if there was anything after the conference! I might have missed it though as i've not been able to go on Telegram for a few days! I am not sure if they sealed the deal on that conference but they just announced a partnership with bGroup an hour ago on Twitter. https://medium.com/vanigplatform/new-partners-on-board-vanig-a52eef87343athat looks good, I've read through the post and how it looks, the two fit together perfectly. they already offer real time information on supply chain. good deal that is a sensible partnership relation, it is clear how the partnership complements towards Vanig's goals |
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I found an interesting article on coindesk. It tells how it all started) Just an interesting fact: the first case of energy transfer with the help of the blockchain was recorded in 2016, when one Brooklyn resident sold surplus renewable energy to his neighbor with the help of Ethereum smart-contract. Ethereum Used for 'First' Paid Energy Trade Using Blockchain TechThanks for sharing this article, I like how this shed light into why blockchain is useful for energy related applications Very interesting. This just shows what all can change over the course of 2 years. 2016 we had the first energy transfer with the help of blockchain, 2018 we have projects like Bittwatt that focus on a new kind of energy market. What will be 2020?! Really interesting times we live in. lol that's pretty cool, thanks for sharing that article! And yeah, the future is certainly going to be interesting, the next 5-10 years I think we're going to see insane advancements in blockchain. It has been shown many times that the blockchain applications are suitable in finance and energy sector, it is not necessarily limited to these sectors Yeah sure. Simply because we don't know something doesn't mean its not possible. I believe with time we will Come to understand the full possibilities of blockchain ICO's such as BittWatt show the world what the blockchain can be used for, the best ICO's will remain relevant in the future and BittWatt might be one of them |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Yeah. Still consumers and small company can still benefit from this setup. I think Bittwatt is not just for big companies but i think the big companies would yield better results for bittwatt given they will be demanding the larger portion; my guess is that individuals would mostly use it to trade. Not necessarily, you'll be able to use it to pay your electric bills as well. Thinking about it, there are so many different ways you can use Bittwatt and benefit from it whether you're a consumer or a business partner. I did actually forget about the global scale potential with potential of paying your electric bill with Bittwatt!! Great to hear I forgot that too. i was just concentrating on the trading platform the whole time, because i would really like to trade energy once :-) But the possibility to pay my electricity bills with Tokens is of course also something fine Knowing you can pay your electricity bills with BWT is really impressive, it will stop alot of hassle of having to go to the bank, make a phone call etc. Look forward to seeing the development It is already pretty easy to pay electric bills as it goes completely automatic, I am keen to see the effect on cutting the costs of processes that become obsolete thanks to BittWatt |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply? Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens. True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way. Another interesting method is to create the tokens onse the token sale is over. If there are unsold tokens, you just dont generate them. Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO. It is true that it would a long time before you receive your tokens, but I think the impact to the value of the token is quite big if the team does decide to dump unsold tokens, burning them after token sale is perhaps better considering you get your tokens directly after purchase |
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I can see Emmie the hardworking CEO all smiles and at work, i have a good vibes about this project very much due to the hardworking nature of team especially CEO herself, thanks for the link and i think i have to on my notification so i get update real fast about the project on twitter I think they are in talks to incorporate in the US and they are just waiting to ensure the token is considered as a utility and not as a security. I think this is them sorting the incorporation out. I would be glad if their token is considered as utility, because right now most people are seeing cryptocurrency as a form of security. That is impeding the growth of cryptocurrency Why would it be bad for the crypto market if the tokens are seen as securities? as far as I know this just means more paperwork for the company and more paperwork for the citizen when doing taxes |
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I think i found a mistake in the whitepaper. The name Etherium should be Ethereum right ? It is not really important this mistake, but yeah they must be professional. Or does Etherium exist ?  I guess many people missed this and the whitepaper has been existing for long now. But how 4new missed this is what I don't understand. Haha. Wow. I too missed this. And to say that I even did some write up on this and still didn't see it. I bet 90% of those who read this WP didn't see it too I strongly doubt they meant Etherium, it is a typo and as I have mining experience I would suggest 1080ti if not going for ASIC |
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Thanks for the link. I read out that article and found some interesting info. " Vanig is forming exciting partnerships in the South East Asia region. Here are alreay some of their partners: iFashion Group, MegaxStore, iCommerce Asia. I just did a quick research on the partners you mentioned Ctrades31 they all have prominent prospects Vanig sure knows how secure good partnership. They couldn't have just gone into partnership with anybody just for the purpose of it. So one should expect that every partnership agreement should come with it huge benefits to the projects. I agree, some ICO's are too concerned with publishing partnership announcements and sometimes forget how important the relevance is Such networking is just for the paper/records if it actually brings nothing to the table. It really makes no sense for a project to do such, I personally see it as deceit though. But I want to believe this partnership is bringing brilliance to the table. Acquiring new clients is a major reward of networking, running an ICO will require the expertise of other companies, as there are many different branches/specializations about blockchain and running a company about an application of the blockchain |
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. with 9 days left and the status bar almost closing i don't think there would be any token available for burning however i can't find information on total supply and intending circulating supply, kindly help out thank you Hey Nathan, This isn't an official site and is a third party ico review site, so please take it with a pinch of salt but heres the link below: https://icobench.com/ico/bittwatt/ratingsThank you jamzz for the link however i didn't get the information i was looking for which is the Total Supply and Circulating supply, it's the soft and hard caps that was mentioned there, anyone with the information, or is the information regarding supply on hold at the moment? Here is the whole information about token supply from whitepaper: The BWT initial supply is 338.6 million tokens. These are split into six categories: • 254,000,000 tokens are sold during the ICO; (75%) • 33,800,000 tokens are reserved for the team; (10%) • 16,900,000 tokens are reserved for advisors; (5%) • 16,900,000 tokens are reserved for country advisors; (5%) • 8,500,000 tokens are reserved as bounty; (2.5%) • 8,500,000 tokens are reserved for country-level marketing; (2.5%) This is quite a fair categorization of the tokens, thanks for the overview Pretty generous bounty and marketing allocations, hopefully it's getting the word out about the project 2.5% is pretty common number though, I'd recommend doing an Airdrop, lots of ICO's do post-ICO Airdrop, the endowment effect makes people want to invest in what they are already familiar with |
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4new comes up with a unique project, and it will not only be a profitable business, but also an excellent form of service for humanity, since it believes that it is necessary to use useless household waste.
Household waste is already being used to generate heat and electricity, 4New took it to the next step and wants to feed a crypto mining farm |
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Superbloom vetting projects before they come out as an ICO saves a lot of energy, time and manpower, if you know what it takes to get real project out there you will appreciate Superbloom real fast
That's some real task superbloom are planning on taking up and i tell you that this won't be easy. I must say that their criteria for choosing an ico must be 100% accurate because if anything goes wrong and that ico turns out to be a fraud. Superbloom will pay for sure. So you are saying there is some sort of insurance covering holders of SEED token?? because if it's so then I think superbloom reduces both risk associated with buying ICO and also ensures safety to the optimum as well I wouldn't say insurance because i do not see where superbloom will compensate users if one of their predicted and vetted to successfully and not scam ico actually turns out to be a scam. I think what Gee777 is trying to say is if Superbloom intends to vet upcoming ICO's before they get lunched they have to carry out the vetting process very well to avoid acknowledging a project which later turns out to be a scam. I have seen projects every one thought was legit and turned out to be scam, something of this sort will damage Superbloom credibility. I hope their vetting process contains all necessary questions. if you check the whitepaper they go through what they'll be doing to ensure this doesn't happen, including meeting with the entire team of a new project. Interesting, this gives clear signals that verification of ICO is done the best way you can imagine |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply? Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens. True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way. Another interesting method is to create the tokens onse the token sale is over. If there are unsold tokens, you just dont generate them. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Bittwatt started in EU but they will expand its operations beyond EU. I see less risk in this project if someone wants to Investe. Yes, it starts in Eastern Europe and then continues in the EU. But I find it interesting that they chose Singapore as the only place outside the EU any idea why? Singapore has clear legislation concerning cryptocurrency, which makes it easier to be compliant with law |
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If I buy the token now, per token will cost me 0.12 USD. What could be the price after listing? I have seen some message which says BittWatt token will trade in 3 digits by 2022. Is this possible?
let me have a look in my glass orb  Noone can tell you the value of the token in the future, if you think the price will drop after listing on exchange, you can place low valued buy orders to get some cheap tokens, BittWatt however looks quite promising and I doubt the price will go much lower than the first buy offers that will be placed on the exchange haha, yeah we'd all be millionaires if we could tell the after ICO price of coins  Look at it this way, they're making huge progress with the partnerships they are establishing, however lets be realistic, 3 digits is a long way off if you mean it'll be in the hundreds. That do you mean to say it can be possible by year 2022? How? I mean they are planned anything about Bittwatt something different and big? How they will calculate this much profit? Assuming they sell 200m tokens and the token price rises to $ 10, that would be an MC of $ 2bn. But what speaks against an MC of 20 billion in a few years, when more an more money comes into the market? then we would be already at $ 100 / token. The future will tell us It all depends how big the overall crypto market gets, don't forget while the 400b sound big for the crypto market in reality its still small when you scale it against things like the NYSE and major countries fiat values, when we break 1t i think people will understand better the scales possible for projects. But for this to happen more people will have to come into crypto and also if the big shots will be able to invest more then you will smile while the market flies. We can assume that there will be a lot more money in the crypto market in 1-2 years. More and more large investors are entering the market and if prices rise, even small investors will come back. Solid projects like Bittwatt are guaranteed to be on many grocery lists, so it's good to be there right from the start Yeah. A lot of improvement and development will occur very soon and like you said a lot Of big investors will come into crypto market that would be a good thing. That is a good point, the market is recovering quite well although the past weeks have been stagnant, anyhow if we pass the 10k barrier I think there will be a lot more circulation in ICO's. |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries. I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens. I dont think it would increase the price of tokens, the only way price can increase if people are placing buy offers after listing on exchange. Sure, people might be incentivized to do so when they know there are less tokens in circulation, but I think that as a consequence of token burning the main reason why the price would go up is because of reduced amount of sale offers |
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In what way does Superbloom distinguish itself from other projects such as kickico? what is the advantage to investing in superbloom?
I think the main advantage with this one is that they do the review before listing any ICO; the ICO to list is authenticated. Also there rewarding is different. With this you are rewarded based on hodling and there is not listing fee. yes, it is great that superbloom also takes over the review of the ICOs, so we can inform us directly on their side. And I guess we get the tokens from the ICOs to the cheap ICO price. There comes a lot together with time. But reviewing an ICO is done plenty enough, there must more unique advantages to superbloom, ill go over the WP again and write my findings |
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Do you plan on creating any bounties for blog posts?
The bounty campaign is already over for quite some time and the ICO will be only open for 3 more days starting from June 1st. So there is no blog bounty at the moment anymore. Yea. Unless they gave plans of doing more marketing and awareness even after the sales period, then they can maybe think of a bounty campaign but outside that, I really don't see any bounty coming up any more. Its a 3 days sale, i don't really see the need for a big marketing campaign. They already doing a lot by pushing the development of the project forward as we can see with the purchase of the 3rd plant now. That alone is enough to make the 3 days sale sell out. At the moment so many good news come in, there really does not need much marketing. Alone the announcement of the power plant in Puerto Rico should attract many new interested parties Agree. Now 4new team should focus on new power plant deal now and expansion of business in different parts of the world. No need to distribute free tokens now. Exactly this!, I feel like the team have done many airdrops resulting in more air drop / bounty hunters, I think the name is most certainly out there - so hopefully no more free tokens and more work / updates/announcements. Keep up the good work Agreed, i once talked on the need for the team to be more focused and restrain from listening to information that will bring down the project rather than boost it, they have been doing fine and should be more focused on improving any faulty area, delivering massive free tokens is a factor that will devalue the project Regardless of the number of bounty conducted by 4NEW, what matters is the quantity of token assigned to bounty which i feel is small. I believe the bounty 4NEW conducted was call for, awareness about 4NEW is high at the moment of which bounty hunters played a good part in. They have been doing good in terms of awareness, the project is now speaking for itself and i believe if any investor is actually interested in this project, they would have invested by now, when you give bounties to a large number of individuals, no matter how small and they decide to dump, it will impact negatively on the project For a real product like 4NEW which has so many benefits on the real world, I would be quite happy for bounty hunters to dump there coins cheap on listing of exchange and hopefully I can get some more cheap KWATT! Actually the products were already there for a while, using garbage to produce electricity is not something new, but the combination to use garbage for crypto currency mining is a great idea |
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Thanks for the link. I read out that article and found some interesting info. " Vanig is forming exciting partnerships in the South East Asia region. Here are alreay some of their partners: iFashion Group, MegaxStore, iCommerce Asia. I just did a quick research on the partners you mentioned Ctrades31 they all have prominent prospects Vanig sure knows how secure good partnership. They couldn't have just gone into partnership with anybody just for the purpose of it. So one should expect that every partnership agreement should come with it huge benefits to the projects. I agree, some ICO's are too concerned with publishing partnership announcements and sometimes forget how important the relevance is |
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. with 9 days left and the status bar almost closing i don't think there would be any token available for burning however i can't find information on total supply and intending circulating supply, kindly help out thank you Hey Nathan, This isn't an official site and is a third party ico review site, so please take it with a pinch of salt but heres the link below: https://icobench.com/ico/bittwatt/ratingsThank you jamzz for the link however i didn't get the information i was looking for which is the Total Supply and Circulating supply, it's the soft and hard caps that was mentioned there, anyone with the information, or is the information regarding supply on hold at the moment? Here is the whole information about token supply from whitepaper: The BWT initial supply is 338.6 million tokens. These are split into six categories: • 254,000,000 tokens are sold during the ICO; (75%) • 33,800,000 tokens are reserved for the team; (10%) • 16,900,000 tokens are reserved for advisors; (5%) • 16,900,000 tokens are reserved for country advisors; (5%) • 8,500,000 tokens are reserved as bounty; (2.5%) • 8,500,000 tokens are reserved for country-level marketing; (2.5%) This is quite a fair categorization of the tokens, thanks for the overview |
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I came to know about this project from social media platform. And I have checked whitepaper and some videos about 4NEW and now I am going through the discussion on this thread.
It seems that I found this project late, but I still have chance to participate in pre-listing token sale. Since they already have two power plants and trying to crack a new deal I think it will be still good decision to buy the token at 2 USD?
One day too late! Until yesterday there was still 20% Early Bird Bonus, since today it is only 10% Of course it's still nice, but annoying if you discover the project exactly one day late. In my opinion, you do not go wrong with an investment here, and the more you deposit, the more bonus there is. Welcome to the club:-) I know, I am late but at least I have not missed the flight  . Tickets are costly now but I think it's still worth buying even with 10% bonus. If you are truly convinced and like the 4New initiative, then a difference of 10-20% does not matter much in the long run Exactly. There is still the possibility that the tokens will be worth even more when they are traded on the exchanges. So investing in the ICO could still make sense even in the end of a sale. Yep, and 4New team is doing a good job to keep the motivation to invest the project, good work |
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