Bitcoin Forum
May 25, 2024, 08:07:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MOO - Game Payments & Distribution - Unity Integrated Payment Partner on: July 19, 2018, 08:30:37 PM
Hello,

I would like to ask a few questions regarding the project.

First I would like to know what are the team's intentions regarding listing of the tokens. I would like to know what will happen in the situation of not being able to list the token till 31th of July. Unlocking the tokens without any market making strategy or exchanges providing liquidity the price would drop substantially.
Have you considered keeping the tokens locked until you can provide enough liquidity?

Another question that I have is regarding the partnership with Unity. You have integrated your payment system in the Unity Editor, which I guess provides some cash flow. Have you considered using some percent of this cash flow and turning it into XMO tokens? I do not mean you should buy back tokens from exchanges, my idea is to provide the option for the users of this payment system to pay with your tokens which they should buy from exchanges. This method of payment could be incentivized with some sort of discount.
I have read about another project that is integrating blockchain and crypto into a working business and they have announced that 50% of all fiat cash flow going trough their platform will be exchanged for their token bought from exchanges at current prices from the customers themselves (the project is ENDOR, you can check it out). I believe this makes a stable and organic demand for their tokens and a great way of spreading the word.

Looking forward to reading your thoughts on both questions.

Hi,

Thanks for the questions.

We are close to closing the exchange, hope to bring you all good news before the end of the month. Further delaying the unlocking of the token may lead to the deterioration of trust in the MOO Token. I personally believe that it’s a matter of pros and cons. Rest assured that we have a plan and will keep you all updated whenever we can.

Regarding your second question. Yes MOO Tokens will be used as a form of payment for the upcoming MOO Store. However I am struggling to see how this is different from a standard buy back scheme which may affect the way governing bodies around the world perceive us as a utility or security token. Could you shed some light on this?

Regarding my second question - I believe that the space is young and not so user friendly, that is why I consider helping customers with using XMO tokens a big plus. With the difficulty of getting your hands on some tokens (going trough fiat/crypto exchange and then crypto/crypto exchange and all their verification processes) I believe that it would be of enormous advantage for the project if there is some way of moving this process faster. I believe the method that I am trying to describe provides the possibility for customers to benefit from the XMO tokens with the help of the team. In stead of just providing the option for customers to pay with XMO tokens, there should be a way of paying with FIAT and signing some sort of agreement that the payment would be used for buying tokens on behalf of the customer and paying with them.

For easier presentation of what I am trying to suggest I would give this example:
I go into the Unity Editor and wish to pay. I see there is an option to pay with FIAT or with XMO tokens. Lets say there is a discount when paying with XMO tokens (because of price fluctuations or just for incentivizing the usage of the token) I have no idea how to buy XMO tokens, however there is a third option. Pay with FIAT and sign an agreement in which a representative uses my money to buy XMO tokens and then pay for me. Legally this is not a buy back and should not affect the way governing bodies perceive the token, because the company has bought tokens in the name of another party and not for their own. It is just a service that the company provides. Im not sure how is this regulated in the country where you operate and if there are any restrains, but I believe it is worth looking into, because it would provide better customer experience when paying with XMO tokens and would make stable demand for the token.
I hope I have made it clearer and you might consider it as an option.

I see, will discuss this with the rest of the team to see if it is doable. We have plans to make XMOO available over the counter but that is still in the works.

Great to hear that!

I am a big fan of the project and really hope to see it reach its full potential. Don't let the "bears" frighten you guys and know that there are people counting on you  Smiley
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MOO - Game Payments & Distribution - Unity Integrated Payment Partner on: July 17, 2018, 08:00:28 AM
Hello,

I would like to ask a few questions regarding the project.

First I would like to know what are the team's intentions regarding listing of the tokens. I would like to know what will happen in the situation of not being able to list the token till 31th of July. Unlocking the tokens without any market making strategy or exchanges providing liquidity the price would drop substantially.
Have you considered keeping the tokens locked until you can provide enough liquidity?

Another question that I have is regarding the partnership with Unity. You have integrated your payment system in the Unity Editor, which I guess provides some cash flow. Have you considered using some percent of this cash flow and turning it into XMO tokens? I do not mean you should buy back tokens from exchanges, my idea is to provide the option for the users of this payment system to pay with your tokens which they should buy from exchanges. This method of payment could be incentivized with some sort of discount.
I have read about another project that is integrating blockchain and crypto into a working business and they have announced that 50% of all fiat cash flow going trough their platform will be exchanged for their token bought from exchanges at current prices from the customers themselves (the project is ENDOR, you can check it out). I believe this makes a stable and organic demand for their tokens and a great way of spreading the word.

Looking forward to reading your thoughts on both questions.

Hi,

Thanks for the questions.

We are close to closing the exchange, hope to bring you all good news before the end of the month. Further delaying the unlocking of the token may lead to the deterioration of trust in the MOO Token. I personally believe that it’s a matter of pros and cons. Rest assured that we have a plan and will keep you all updated whenever we can.

Regarding your second question. Yes MOO Tokens will be used as a form of payment for the upcoming MOO Store. However I am struggling to see how this is different from a standard buy back scheme which may affect the way governing bodies around the world perceive us as a utility or security token. Could you shed some light on this?

Regarding my second question - I believe that the space is young and not so user friendly, that is why I consider helping customers with using XMO tokens a big plus. With the difficulty of getting your hands on some tokens (going trough fiat/crypto exchange and then crypto/crypto exchange and all their verification processes) I believe that it would be of enormous advantage for the project if there is some way of moving this process faster. I believe the method that I am trying to describe provides the possibility for customers to benefit from the XMO tokens with the help of the team. In stead of just providing the option for customers to pay with XMO tokens, there should be a way of paying with FIAT and signing some sort of agreement that the payment would be used for buying tokens on behalf of the customer and paying with them.

For easier presentation of what I am trying to suggest I would give this example:
I go into the Unity Editor and wish to pay. I see there is an option to pay with FIAT or with XMO tokens. Lets say there is a discount when paying with XMO tokens (because of price fluctuations or just for incentivizing the usage of the token) I have no idea how to buy XMO tokens, however there is a third option. Pay with FIAT and sign an agreement in which a representative uses my money to buy XMO tokens and then pay for me. Legally this is not a buy back and should not affect the way governing bodies perceive the token, because the company has bought tokens in the name of another party and not for their own. It is just a service that the company provides. Im not sure how is this regulated in the country where you operate and if there are any restrains, but I believe it is worth looking into, because it would provide better customer experience when paying with XMO tokens and would make stable demand for the token.
I hope I have made it clearer and you might consider it as an option.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]Endor - Fast and accurate results for predictive questions. Sale April 2018 on: July 10, 2018, 08:40:17 PM
I really would not like post FUD, but at the moment I have no positive emotions about the project! When all market is bullish,  endor continues to go to hell! There would be no FUD if you were to do something At the moment all that I see is that you are speaking at conferences ... And the main question is who constantly sells tokens at such a price? This is certainly not an investor, because it is unlikely that an investor will sell tokens for pennies. When I invested, the price ETH was $ 816, I invested 50 ETH, at the moment my losses are $ 33,000 ... And you want that there would not be a food here?

Endor has received interest from 3 of the top 10 exchanges. We will update the community once these deals have been completed.

Endor will convert 50% of its revenue from Enterprise clients into EDR tokens. Also $1Mil will be converted to EDR in the near future. The team are carrying out the transactions, as promised.

Market makers are also active - they provide stable liquidity, mainly by shrinking the gap between bids and asks.



Just want to clarify - Endor will convert 50% of its revenue from Enterprise clients into EDR tokens bought on exchanges from the clients themselves or from Endor employees?
Also when is this conversion of revenue going to start and how consistent it is going to be?
And one more thing. You say you are converting $1Mil which should affect the price of the tokens, which makes me think that it would not be done in a snap, but trough a period of time. Can you tell us if you have considered a time or price range in which this conversion will take place?

Hello, to clarify for you:

Endor will convert 50% of its revenue from Enterprise clients into EDR tokens over the course of 36 Months. Also $1Mil will be converted to EDR in the near future.
This will be achieved via the liquidity providers (i.e. exchanges).
This policy is in place already and the team are carrying out the transactions.
The intention isn't to influence the price, but to move customers to the Endor Protocol.
With regards to price range: in case the EDR rate passes $2 USD per EDR, Endor has reserved $10M USD worth of EDR tokens (approximately 37.4M EDRs) that can be used for predictions generation.

Thank you for the clarification Smiley
Also I would like to ask if this process is mandatory for the Enterprise clients and is it possible for the clients to use 100% EDR tokens. Also after the course of 36 months what would the strategy be - is this percent going to increase or decrease, would it still be mandatory for the clients to use the token or you hope for the adoption to become organic?
I hope my questions doesn't seem like I am trying to be aggressive or something, I'm just a fan of the project who wants to know more details about his investment.
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN]Endor - Fast and accurate results for predictive questions. Sale April 2018 on: July 10, 2018, 10:23:17 AM
I really would not like post FUD, but at the moment I have no positive emotions about the project! When all market is bullish,  endor continues to go to hell! There would be no FUD if you were to do something At the moment all that I see is that you are speaking at conferences ... And the main question is who constantly sells tokens at such a price? This is certainly not an investor, because it is unlikely that an investor will sell tokens for pennies. When I invested, the price ETH was $ 816, I invested 50 ETH, at the moment my losses are $ 33,000 ... And you want that there would not be a food here?

Endor has received interest from 3 of the top 10 exchanges. We will update the community once these deals have been completed.

Endor will convert 50% of its revenue from Enterprise clients into EDR tokens. Also $1Mil will be converted to EDR in the near future. The team are carrying out the transactions, as promised.

Market makers are also active - they provide stable liquidity, mainly by shrinking the gap between bids and asks.



Just want to clarify - Endor will convert 50% of its revenue from Enterprise clients into EDR tokens bought on exchanges from the clients themselves or from Endor employees?
Also when is this conversion of revenue going to start and how consistent it is going to be?
And one more thing. You say you are converting $1Mil which should affect the price of the tokens, which makes me think that it would not be done in a snap, but trough a period of time. Can you tell us if you have considered a time or price range in which this conversion will take place?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MOO - Game Payments & Distribution - Unity Integrated Payment Partner on: July 10, 2018, 10:06:34 AM
Hello,

I would like to ask a few questions regarding the project.

First I would like to know what are the team's intentions regarding listing of the tokens. I would like to know what will happen in the situation of not being able to list the token till 31th of July. Unlocking the tokens without any market making strategy or exchanges providing liquidity the price would drop substantially.
Have you considered keeping the tokens locked until you can provide enough liquidity?

Another question that I have is regarding the partnership with Unity. You have integrated your payment system in the Unity Editor, which I guess provides some cash flow. Have you considered using some percent of this cash flow and turning it into XMO tokens? I do not mean you should buy back tokens from exchanges, my idea is to provide the option for the users of this payment system to pay with your tokens which they should buy from exchanges. This method of payment could be incentivized with some sort of discount.
I have read about another project that is integrating blockchain and crypto into a working business and they have announced that 50% of all fiat cash flow going trough their platform will be exchanged for their token bought from exchanges at current prices from the customers themselves (the project is ENDOR, you can check it out). I believe this makes a stable and organic demand for their tokens and a great way of spreading the word.

Looking forward to reading your thoughts on both questions.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] DAOstack: Complete Tools for Decentralized Collaboration at Scale on: July 10, 2018, 09:32:00 AM
I have read several times in the telegram channel that the team is considering a BUYBACK. Is this just a rumor or is is real? I can't seem to find any news regarding such decision yet, however I believe it might bring back some of the lost confidence in the team.
Are there any steps taken forward this decision or is it still in consideration? If a BUYBACK happens would it be on the ICO price and would that have any regulatory consequences?
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!