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if you have questions, swing by our slack, link is on our web
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ENS is mediasifter.eth - don't send any ETH yet though, get in touch first to approved.
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The Presale is live!  Get in touch through mediasifter.co to get whitelisted. |
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this project is interesting and so promising. no plan about bounty campaign programs sir??
we will be hosting a bounty campaign for the main launch event (ICO) later this year. if interested, just comment here and we'll get in touch later. |
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Quick update on the SFT Token presale: We are postponing it by a week, it will now run from coming Monday, Sep 18th for 7 days until Sep 25th. The main reason for the change is the increased demand from smaller investors, which resulted in us decreasing the min. contribution to 1 ETH (previously at 5 ETH).
Furthermore, we have decreased the overall SFT token supply by 1/3 to reflect an increase in the price of ETH and to lower the overall company valuation to make Media Sifter more attractive for early adopters. In essence, your share of acquired SFT tokens will be 50% more valuable compared to the previous terms (and we will avoid raising too much in the ICO).
Would it be easier for an ICO to use US Dollar as the basis for their monetary figure than use ETH or any other coin or token for that matter? You see, BTC, ETH, and other coins are volatile their value changes by the hour. And if it changes you would be obliged to post like this one to change things. Yes, you are absolutely right. We have a USD-amount that we want to raise, but that is closer to the new amount of SFT Tokens that will be available (100mn). Overall, we believe that it is important to have a 1) modest valuation of the project (compared to some of the incredibly overvalued crypto projects at the moment) and 2) not raise too much money (classic problem with startups). Given that, we can handle the volatility currently, although last week's dip certainly didn't help. The presale is live btw, ping me if you want in :-) |
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Quick update on the SFT Token presale: We are postponing it by a week, it will now run from coming Monday, Sep 18th for 7 days until Sep 25th. The main reason for the change is the increased demand from smaller investors, which resulted in us decreasing the min. contribution to 1 ETH (previously at 5 ETH).
Furthermore, we have decreased the overall SFT token supply by 1/3 to reflect an increase in the price of ETH and to lower the overall company valuation to make Media Sifter more attractive for early adopters. In essence, your share of acquired SFT tokens will be 50% more valuable compared to the previous terms (and we will avoid raising too much in the ICO).
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Among other things, the SFT Token is initially used for:
- Request and pay for evidence from the crowd, if delivered successfully
- Stake SFT Tokens when delivering evidence to the platform
- Receive SFT Tokens for successful contribution to the platform
- Participating in the review process requires SFT Tokens
- Voting with consensus is being paid out with SFT Tokens
That is the information-sourcing and qualification process - we are basically building an information marketplace and applying that to the news first.
We are planning to add much more functionality to the SFT Token after the launch, the possibilities are virtually infinite: For example, you will be able to directly use SFTs to pay content creators on the platform. We are also contemplating the idea of a microsubscription for all features but pure reading on MS, which we can use to incentivise the content creators and contributors on MS.
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total coin 150m or 150b ??
total SFT supply after the main launch event will be 150 million. in this presale we're distributing up to 1.5 million (+ bonuses) |
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finally, ok now take my money and make me rich  click on the "Request" button above and get in touch :-) |
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