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Circulating Supply: 46,508,191.6650790000 IND Tokens
This is the summation of the IND sold in Seed Round, PreSale Round, Token Sale Round, Tokens kept aside for Marketing and Bounties.
The IND token contracts which relate to:
(A) Future Usage: 58,832,578.4191050000 ,
(B) Advisors and Team: 28,079,513.3884562000 ,
(C) Inflation tokens: 14,624,747.000000000000, and
(D) IND Unsold Tokens (from Token Sale Round): 22,577,013.373442100000
are NOT in the market as CIRCULATING IND TOKENS.
Total IND Tokens which are currently non-circulating=124,113,852.1810030000
David
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Hi BeBlockTech,
This is David Moskowitz, the CEO/Cofounder of Indorse.
Happy to answer your questions regarding the token sale.
Your theory of how the token sale was conducted is not correct.
To start with- the market cap number, we've been trying to get CoinMarket cap to update that number for a few weeks. They have just been slow to update. This is the price from the current circulating supply times the current value of each token.
Unfortunately, the price of the token has dropped drastically, dropping the market cap. It's not something we want to see happen. If you knew me, you'd know that I take such things very personally.
The reason that there are so many more tokens held in reserve is that we held 37.5% for a second issuance in about 18-24 months (explained in the whitepaper), and also the unsold tokens issued for the sale itself. It also includes locked up tokens for the advisors, founders and employees.
I apologize if we haven't been clear on the roles of the developers, or updated the website enough with their titles etc. We were quite busy with hiring last month, and now the team has been busy working on the next version since the ICO ended and we move onto the MVP.
I'll also check on pushing updates to github.
If you have a question on the project, please let us know and I'll do my best to answer.
David
Edit- I'll put together a list of what tokens make up the current circulating supply and what is currently out of circulating and post it shortly.
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Thank you everyone for your support and trust! We are truly appreciative to the entire community and will work very hard to deliver a fantastic platform that helps to deliver the future we all want!
David
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So the minimum needed to be raised in the ICO is 10 BTC. What's the maximum? If you can kickstart the project with 10 BTC I would assume there is a relatively low maximum?
Sorry for the misunderstanding- the 10btc is a minimum to participate in the token pre-sale. The token sale will have no minimum to participate. |
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What can you tell us about Loi Luu ? I quick search him and i found good things so this is good for the project .
I first heard of and corresponded with Loi Luu in 2015. I had read about his research on bitcoin mining at National University of Singapore (NUS) and was interested to learn more about what he was working on. Since then he's become quite well known for his work on the Smart Pool for Ethereum, and a researcher for the Ethereum Foundation. He is frequently tapped to audit smart contracts. He's now also working on the Kyber Network, which will allow for decentralized asset transfers. We're very fortunate to have him as an advisor for the Indorse platform. |
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I like the the advisors. Especially Loui Luu  Can we see confirmation from him? Checked his twitter but couldn't find. Thanks Heromerro- I'll ask the advisors to do a public tweet etc.  |
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I wager that ur investment will go overboard if u follow that article. Havent u known, the company now known under the name coinsilium is registered in poland by Zubastis Gogboot, one of senior advisers to GBT.ink corp operated by his trustee. mr and mrs gogboot have ripped all of their employees and liquidated companys property for btc and cash making themselves a fortune at the expense of credibility and reputation. Can you please post evidence of your claim or how it's connected to the coinsilium investment in Indorse? |
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Version 0.3.0 of the White Paper is now available. Please visit http://indorse.io to download. |
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i'm waiting for more information relevant to this announcement, kindly add up some vital information for us to decide whether to involve with this project or stay away. A road map and a white paper may do. The latest white paper is available on the website: http://indorse.ioDavid |
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Thanks everyone for your support! We'll work on getting the bounty page up ASAP to get you on board. Go ahead and continue to post into this thread your interest so we know to contact you once thats live.
Thanks,
David
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Hey guys. What can you say about DigixDAO? Anyone heard of it? yep, I know the guys well. I won't comment on the price, but can tell you the team is excellent. David |
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Indorse Ethereum based Decentralized Professional Network Unlike traditional platforms, Indorse aims to give back ownership of the data to the user, and allow them to profit from sharing their skills and activities on the platform.
Indorse uses internal reward system to incentivize users to add their skills / accomplishments and indorse those of others.
Overview  Ownership of the data — Back to the users
| | Skills Economy
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| | Technology has allowed us to share information more freely and readily with each other, but ease of use and accessibility is a double edged sword. Issues about personal privacy, data protection and ownership of information have surfaced, rightfully, over increased flows of information. These issues regarding ownership of personal information and commercialization of such information must be fixed once and for all. This is our core focus.
| | | We believe that qualifications are representations of skills acquired. In this age of constant influx of information and knowledge, the only constant is change. That, and deep skills which allow us to ride the changes. The right skills allow us to adapt to situ- ational and information changes quickly and flexibly; they are our means of navigating this increasingly complex world. So it seems the academics and governments are not that far off in their claims - our economy is the skills economy.
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Indorse Token IND
The IND token is the token that will be issued during the Token Sale. IND tokens will be listed on exchanges and used by advertisers to purchase advertising units on the platform. Token Sale IND purchasers will receive Indorse Score (SCR) tokens in addition to their IND tokens. This will enable them to indorse the profile postings of members on the platform. In this way, the IND token holders have a vested interest in participating in the platform and indorsing viable claims. IND will be an ERC20 Token.
Indorse Bounty Program
Indorse Team
Indorse Advisors
Indorse Advisors
Stay Connected |
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I see that when you sign up for the game you enter your counterparty address to verify that you control the cards.
What happens if I start a game, and then transfer the card to another users wallet, who then starts their own game?
David
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