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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NIX - Cross-chain privacy & smart contracts. Make BTC & Alt TX's private! on: May 10, 2018, 05:12:09 PM
Detailed review of NIX circulating on twitter to check out

https://twitter.com/DYORMonkey/status/994385510083780608
2  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: May 10, 2018, 05:08:07 PM
Yes! Very much alive...

And it's funny how quickly things change in crypto. The biggest shift in my view of ICOs and whether or not to invest has been around two points: does the token have a purpose, and does the team know what's needed to bring an ICO successfully to market.

2017 was a drastically different time for ICOs compared to today. An idea and an interesting name could net an ICO millions, but not the same now. However, there is still a huge demand for ICO speculation... ahem, investing. But people seem to be gravitating to projects that have at their core a significant blockchain innovation. Not just another token.

Plus, with the recent bans by Facebook, Google, and MailChimp (to name a few), the real projects have to put more money to get visibility now. This may mean that the overall quality of all ICO offers will come up. The scams won't be as willing to shell out the ad dollars. And if an ICO project is at all serious about getting into top exchanges, they need $$$$$$. SO, I'm now left wondering about the presence of high-quality marketing strategy in ICO projects.... does well-planned and executed marketing indicate that this is a solid team fully invested in achieving the directive?

Just some thoughts.... would love to hear yours!

CryptoKristen  Kiss Kiss Kiss



Sorry for the late reply! Yeah the landscape's changed dramatically since 2017 where participating in an ICO was simple as pie and it'd likely guarantee you t least 2 returns just by participating. Now, you nred to whitelist, do lotteries, and answer questions to prove 'you care' about a project before you can beg good ICOs to take your money. Basically the little guy's getting muscled out of crypto now due to private and pre-sales which makes ICO allocation v. small and often a lottery. ICOs turning into IPOs really. Which means that companies are, as you rightly said, more professional as they need to spend money on rising awareness. But then that makes participation more difficult so it's paradoxical in a way, and you can't simply stumble upon a 100x ICO like one was able to in the past. 
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NIX - Cross-chain privacy & smart contracts. Make BTC & Alt TX's private! on: May 01, 2018, 11:48:50 PM
I've heard that all tokens that will not be sold in the IСO process will be destroyed, is that true? Is this step aimed at supporting the price of the token?


Need to do a bit more reading my friend. Extra coins will go to the team's R&D fund as per their website blog post (https://nixplatform.io/information/get-nix/) Smiley
4  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: April 23, 2018, 02:59:48 PM
Roll Eyes Roll Eyes ::)Hi everyone! Smiley Smiley Smiley

Sorry I have been away. My journey in crypto has been evolving and some crazy opportunities came my way. I have been able to apply my marketing skills to ICOs and crypto-related projects. It's been amazing and I've learned so much.

I think about this list regularly, and often laugh to myself about how much things have changed in the world of ICOs in just 6 months.

I have not abandoned this list. In fact, my skills and knowledge are improving for the better of us all on this thread... LOL I want to share my learnings.

More to come. All the best and let's keep digging.

 Kiss Kiss :-*CryptoKristen



Was just about to bump this thread again, glad to know you're still alive and active : )
5  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: March 28, 2018, 02:57:53 AM
I'm surprised Kristen has been away for so long. Even if she has and this thread''s been abandoned, it's still immensely valuable for people out there hence why I'm giving it a big bump!
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: 🌟[ANN][ICO] Coinlancer.io CL - Freelancers Of The World Unite - ICO| 14th OCT🌟 on: March 28, 2018, 02:55:02 AM
Looking like CoinLancer's ICO may really be just as 'successful' as Jet8's...
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Darn etherdelta on: March 28, 2018, 02:50:24 AM
Now I am using forkdelta instead of etherdelta I feel much comfort in forkdelta but I really disappointed with etherdelta horrible behaviour . I was the investor of etherdelta token sale . They raised 10 million even no news about that .

They what? Seriously? That's mental. Shows how ridiculous ICO funding became last year. What was the utility of the token? A share in its profits?
8  Economy / Trading Discussion / Re: Pump and Dump. How to make a profit? on: March 28, 2018, 12:20:35 AM
Actually pump and dump is a jargon used in investment as a term fraudulent activities. I think these people just want to deceived people and steal the money of their investors to earn instant income.

Yes, this exactly. It's for reasons like P&D that makes me favour regulation.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Darn etherdelta on: March 28, 2018, 12:18:59 AM
Just wanted to add to all of this, I discovered IDEX in recent months. It has a few issues now and again, but genuine question: why can't etherdelta be more like IDEX?
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ⚡ [ANN] ⚡ TriForce Tokens Gaming ⚡ [ICO Escrowed] 🚀 Industry Partnerships 🚀 on: February 19, 2018, 04:00:22 PM
@JCBAHY

The token metrics for this sale does not make sense.

A hardcap of $20,000,000 with
available tokens for sale = 1,500,000,000
1ETH = 6,000 Force

So assuming ETH = say $950 (easy for rounding and close to current price)

Therefore token price =

$950/6000

= $0.158

So to get hardcap, multiply that by the number of tokens for sale, 1,500,000,000,

Then hardcap = 1,500,000,000,* $0.158

Which equals around $237,000,000 dollars - as opposed to $23,700,000 which is essentially your $20m hardcap advertised with the extra 3.7m discrepancy due to the eth price I chose.

Token sale figures taken directly from your website. So either a) you have an extra 0 in token supply or b) your hardcap is 10x as much as you advertise it to be.

Which is it?




Math is hard so i wont pretend that i understand all of it,but im pretty sure team figured out everything and adjusted it to this lowered hard cap.

Pretty basic math my friend. If you can't understand simple math with regarding the token metrics of an ico you're effectively pissing in the wind when investing your money
11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ⚡ [ANN] ⚡ TriForce Tokens Gaming ⚡ [ICO Escrowed] 🚀 Industry Partnerships 🚀 on: February 19, 2018, 03:52:13 PM
@JCBAHY

The token metrics for this sale does not make sense.

A hardcap of $20,000,000 with
available tokens for sale = 1,500,000,000
1ETH = 6,000 Force

So assuming ETH = say $950 (easy for rounding and close to current price)

Therefore token price =

$950/6000

= $0.158

So to get hardcap, multiply that by the number of tokens for sale, 1,500,000,000,

Then hardcap = 1,500,000,000,* $0.158

Which equals around $237,000,000 dollars - as opposed to $23,700,000 which is essentially your $20m hardcap advertised with the extra 3.7m discrepancy due to the eth price I chose.

Token sale figures taken directly from your website. So either a) you have an extra 0 in token supply or b) your hardcap is 10x as much as you advertise it to be.

Which is it?


Hi Michael,

Thats a great question and point you have raised there.

There are many factors that have come into play which has effected this. For starters, when we first decided upon our hard cap, which is fixed to the price of ETH, the value of ETH was much lower. Our hard cap should really be set against a fixed amount of ETH, however we have already changed our hard cap twice and we want to refrain from consistently changing things and causing confusion.

Another reason for our hard cap being much lower than what you suggested above, is due to the community and there response. We originally set our hard cap to $60m. Since then we have had the community state that we should lower our hard cap.

The purpose of the hard cap is to stop an ICO from raising more than it needs. Our goal is $20m and therefore we have set our hard cap at $20m. Taking more than that would be greedy and unnecessary. We are here to empower the community with our technology, not take from them. We have a solid four plan which we have reviewed multiple times with many of our advisors who come from strong business backgrounds, from which we have strategically planned so that $20m covers the project for 4 years.

Due to us deciding upon the total supply back in 2017, this has also had an effect and therefore is the reason why we will be left with some many extra tokens. However, our smart contracts are designed to only mint the amount of FORCE that is purchased, meaning that if only 1m FORCE were bought, that would be all the FORCE that would exist. Rather than burning the rest of the supply, it makes more sense to only mint what is purchased. I hope that makes sense?

I understand that this may cause some confusion, but we are trying to balance between constantly changing things and causing confusion as well as getting things right. The way we see it is that, $20m is now our hard cap. That is what we need $20m to carry out our 4 year plan. Taking anymore than $20m would therefore be unnecessary.

So to answer your question, our hard cap is fixed at $20m. We will not take more than $20m. Whatever is minted, is final.

Thank you for raising this point, its a great question and I am sure it will help the rest of the community as well.

I hope I have answered your question? If there is any other questions you may have, I'd be happy to answer them.

~ Jake Ashby, General Manager TriForce Tokens
 

"Thats a great question and point you have raised there" yet no one sends me any merit  Huh Huh Huh

In all seriousness now, thanks for your reply and that largely makes sense.

But let's just be clear:

1) of the 2,000,000,000 tokens, none have yet been minted I assume?

2) 1ETH will remain pegged to 6,000 tokens regardless then?

3) So only 25% of total supply of all tokens minted will not be sold rather than the fixed amount of 0.5bn?

4) If above is correct, then why not just change the token limits now? (which would not the price of the hardcap) Just update things saying 1ETH = 6,000tokens, link price of ETH to USD, and have total number of tokens automatically calculated? The current approach just seems a rather roundabout way of doing things in all honesty.

12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: ⚡ [ANN] ⚡ TriForce Tokens Gaming ⚡ [ICO Escrowed] 🚀 Industry Partnerships 🚀 on: February 19, 2018, 02:42:38 PM
@JCBAHY

The token metrics for this sale does not make sense.

A hardcap of $20,000,000 with
available tokens for sale = 1,500,000,000
1ETH = 6,000 Force

So assuming ETH = say $950 (easy for rounding and close to current price)

Therefore token price =

$950/6000

= $0.158

So to get hardcap, multiply that by the number of tokens for sale, 1,500,000,000,

Then hardcap = 1,500,000,000,* $0.158

Which equals around $237,000,000 dollars - as opposed to $23,700,000 which is essentially your $20m hardcap advertised with the extra 3.7m discrepancy due to the eth price I chose.

Token sale figures taken directly from your website. So either a) you have an extra 0 in token supply or b) your hardcap is 10x as much as you advertise it to be.

Which is it?


13  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: February 16, 2018, 01:35:39 PM
Oh, and I'd meant to say, here's another ICO framework that I came across online.

https://docs.google.com/spreadsheets/d/1zz49JU69XNJTXE7I1CAGEjjK0L9zLn60CRDvi-70qeA/edit#gid=0

Some interesting tidbits there. One for instance: Signaling by corporate customers / partners - have they got any partnerships lined up (inherently therefore assumes a MVP of some sort)? Would go nicely under competitive analysis I feel.

Speaking of competitive analysis. I'm not sure what (SWAT) means.....

Oh, and a couple of other ideas:

Regarding the 'Is the token mineable' bit. There's also staking. As I'm sure your aware, except in the very early stages of a project mining typically requires computationally intensive hardware to work. Staking on the other hand does not and people are also rewarded for it although to a much lesser extent in terms of the reward. But it's basically something that anyone with a laptop can do. So 'Is the token mineable/stakable)?

And a rather advanced technological aspect is - what type of algorithm does the block chain use? There's loads out there and some algorithms, SHA-1, SHA-2 SHA-256 hash algorithms etc., and some algorithms are more efficient and therefore 'better' than others for the tokens purpose. As I said, it's rather an advanced technological aspect and will largely be determined by the type of token and its utility but it is something that can offer a technological advantage. I'd just put under the tech. section 'What algorithm is the token/block chain built upon? Does it offer any advantages when contrasted with its competitors?'; that should suffice

14  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: February 16, 2018, 01:21:50 PM
Another version is live now.

Now adding some qualifiers, such as "YES is preferred" to help with the fundamental analysis. I really need help on these. Please share your opinions.

Thanks,

Crypto-Kristen
 Shocked Shocked Shocked


FUNDAMENTALS
  • Is the token a utility token (usage token or work token) a security token, or a combination?
  • For utility tokens: is the token an integral component of the application ecosystem? YES is preferred
  • For security tokens: is there some underlying technology that represents a competitive advantage? YES is preferred
  • Is the token the project's principal payment unit, essentially functioning as an internal currency?
  • Does the token provide return to token holders? YES is preferred
  • Is the token new and no other token offers the same service? YES is preferred
  • Does the token have a clear purpose? YES is preferred

PROOF POINTS
  • How broad or narrowly defined are the use cases for this blockchain?
  • Does the token align incentives to simultaneously accelerate growth and token value?
  • Who will support the token?
  • Is the token structured with centralized control or a decentralized governance?
  • Can the resources contributed by users be verified by anyone?
  • Does the token reward users for contributing resources towards the creation of a shared service that will benefit all users?
  • Does the token grant a governance action, like voting on a consensus related or other decision-making factor?
  • For usage tokens: is the digital service useful and does the network underlying the digital service aggregate resources (hashing power, file storage, etc.) that will differentiate the service in the long-term?
  • For work tokens: is there a strong network emerging that wants to contribute and is the UX well thought through? And is the service offered useful to people?
  • For security tokens: is there some technology underlying the security that gives the token a long-term competitive advantage?

Sorry for the late response(s)! I'm personally really struggling to see what I can add here. You've pretty much covered it, if there's anything I think of I'll let you know Smiley
15  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: February 03, 2018, 03:42:04 PM
Oh, and here's a Github ico checker to use. Here's the link: https://github.com/ico-check/ico-check/issues

They are a due diligence checker. And they're pretty good at it too. They don't have a huge list of icos at the minute but the one's they do have are analysed thoroughly. Be aware though, there's no central github authority so a new ico topic can be started and analysed by anyone (if you register with a new username you could even do it) so make sure to double-check the information you see but it's a pretty swell resource I think.

Mind and click the 'open' and 'closed' tabs at the top for past and current/upcoming icos.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Darn etherdelta on: February 03, 2018, 02:59:59 PM
I don't get to use it all that often these days but I do check its speed out of curiousity and it's zip-zap quick!
17  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: January 31, 2018, 12:30:59 AM
This ICO evaluation methodology by ICORating is nicely outlined. 
https://icorating.com/methodology/

I'm especially interested in their hype-score and the description of quantitative vs. qualitative factors.

Any other pieces of this jump out as concepts I need to include in THE LIST?

Thanks!
Crypto-Kristen  Cool
Beside of qulitative factors i usually talk with team members. If the team does not believe the project and cannot understand the cons and problems i stay away from them.
you will spot the Well driven ponzi schemes like bitconnect with talking to the team.


Intriguing!!! You talk with the team member. I love it.  Grin

Can you give us a little detail about your process? Do you reach out to team members via LinkedIn? Do you find that team members are generally responsive? If not responsive, is that a sign?

Looking forward to your response,

Crypto-Kristen

I do this too, although I don't think you're going to get much contact on LinkedIn as it's more a networking platform than somewhere one can chat and have conversations

Best way is to join the telegram/discord chat if available and ask questions there - I really prefer Discord as telegram is far too difficult to keep track of everything and I find Discord chat just much more manageable (just my personal opinion) but not everyone has a Discord chat. Obviously find out whom the devs are for a project and direct your questions to them/forum moderators rather than randomers who are shilling or whom are being paid bounties. You can also post questions for the devs on the bitcointalk ANN threads as well as privately message devs about issues that are of specific interest.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to define ICO terminology on: January 31, 2018, 12:16:33 AM
Hi all,

I'm working on this list of ICO definitions. This is a LIVING LIST, and I'm seeking input so that I can create a public glossary of sorts. Share your thoughts! I'll constantly update the definitions on this list based on new information. See the end of the list for sources...there will be many in addition to the feedback I get here.

This ICO DEFINITION LIST works in tandem with this HOW TO EVALUATE ICO OPPORTUNITIES list.

First, I am gathering a list of terms to be defined. Let me know what you'd like to add:

  • DApp:
  • Token:
  • Utility Token:
  • Security Token:
  • Usage/Work Token:
  • Use Case:
  • Testnet:
  • MVP:
  • Hard Cap:
  • Soft Cap:
  • ROI:
  • Marketcap:
  • Freeze:
  • Vesting:
  • Staking:
  • Masternodes:

Thanks in advance for your collaboration!


Sources:
1.

Mining, Proof of Work, Proof of Stake, hashing, gas, gwei,
- there's also some platform specific ones like - IOTA's tangle, Ethereum's ERC-20 tokens, NEO's gas etc. which is dependent upon which platform a project wishes to run on
19  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: January 31, 2018, 12:09:10 AM
Step 10: If it has the name Polymath, stay away!

That is a good one. I would also say "stay away if the name of the coin is Bitcoin + a colour, Ethereum + a colour, Bitcoin + anything in general, etc... " I am sure you get the idea.

Yes. Those flags would pop up with the criteria certainly but a shortcut is just looking for those combinations. I thought it'd be obvious to most but for some it may not be so thanks.

Also, see if the website is mining from your browser. I've noted this on a few icos recently.

Let's take an example.

Open your task manager on your computer.

Click the Processes tab and monitor the % of CPU being used for a second or so. What percentage is it hovering around?
Mines typically between 14-17% (can spike to 30%, rarely 40-50% but it is possible, would only happen for a moment however).

Now, when you go to ICO site that is using in-broswer mining (likely Monero) that CPU % will spike up in seconds. No way am I investing in an ICO that's slyly stealing my CPU resources. Why would I trust them? Just completely dodgy.

Here's an example which I took from: https://coincodex.com/article/1198/top-5-icos-of-early-2018/ - the spam link someone just posted.

I googled the 'Scorum' ICO (last on the top 5 list) and went to their site for their token sale.

Here's the url:

https://scorumcoins.com/

Have to wait for a few seconds for the webpage to load and then, BOOM! CPU spike + fan will probably start going like crazy also. Yup. Mining from your browser. Want to make sure there's not an error with your browser? Close the tab, watch the spike disappear. Double-check with different browser just to be sure (Chrome + IE I checked with) and voila. Pure scam Scorumcoins is - might as well be called Scrotumcoins, about as attractive as one. Stay away (but quickly do the demonstration for yourself to spot this red flag in the future) Smiley


 Shocked ShockedWOW!!!!!! Shocked Shocked

Still digesting this piece of info. I knew there were malware and CPU-jacking issues in the cryptosphere, but had not connected the dots between that behavior and ICO investing. With more newbies like myself stepping into the arena, scammers are banking on the fact that most are completely unaware of the risks.

So, @MichaelMeu, is there a question or series of questions I can add to get this point across? I hate to keep talking about identifying scams.... BUT wonder if there is a new section dedicated to "Is this a Scam" and points such as this would go there...

Thoughts?

 Huh
Crypto-Kristen

I'm not personally aware of many outright methods to avoid scams besides what we've already mentioned. Not all are going to mine from your CPU but it's the #1 most obvious indicator that it's a scam if they do. Perhaps this is not what you meant but just in case it was, your CPU usage in this instance is not being hijacked, it's resources are being siphoned off.

What's the difference you ask? (here's how using real-world examples can make things clearer in computer science.

Well, if someone hijacks your car, you are no longer in control of said car. They've stolen it, it's gone, and you (presumably) cannot get it back.
This is not what is happening with your CPU when someone mines from it.
Your CPU is not hijacked, they are merely siphoning off it's extra resources.
Hijack = no control over circumstance; siphon = full control over circumstance but you may or may not be aware that it's occurring - obviously once you realise that it is you take steps to rectify it.

So when you go to that site (I hope you did the test so you know what to look out for) they siphon resources off of your CPU, they do not hijack it because you remain in full control - once you leave the site, the siphoning stops; if you left the site and the 'siphoning' didn't stop, then this would be hijacking your CPU (as you are no longer n control of it).
But rather than hijacking, in computer science we have our own word for this: hacking.

Make sense? Smiley
20  Alternate cryptocurrencies / Altcoin Discussion / Re: LIST: How to evaluate ICO opportunities on: January 30, 2018, 11:44:27 PM

V. close:

"Are token burn actions and bounties paid according to sold tokens or according to the token reserve regardless of how many tokens were sold?"

@MichaelMeu,

I added this, but am intrigued... my newbie-ness is showing.  Tongue

Can you explain the impact to the investor if burn action and bounties are not paid according to sold tokens? If burned/bounty paid according to token reserve regardless of tokens sold, does that mean that a disproportionate share of funds are going to non-investors? Did I get that right?

Thank you!

Crypto-Kristen



Ahaaa, newbieness is not a problem, acting irresponsibly is (hence why I love your list!). I'm a relative newbie myself to the crypto world - a few months - but I have a v. strong computer science background so I get that not everything might be clear to new members immediately. What helps me sometimes when I'm confused about something in crypto is that I try and use a real world analogy to help me understand it at a basic level first (like I will do in my next post).

But yes, you've got that right. We'll do this from a theoretical standpoint just so we're clear:

Imagine all tokens for sale = 100% of all tokens that can possibly be generated and say the bounty is set at 10% of all tokens.
Now, if only 40% of all those tokens are sold, and 10% remain for bounty, then bounty tokens = 1/5 of all tokens,
So if all bounty tokens are dumped (which are presumably held by non-investors), that drives down the price dramatically.

But

If the same scenario occurred but 100% of all tokens were sold, then bounty tokens = 1/10 of all tokens,
So if all bounty tokens are dumped that drives down the price less dramatically as the extent of the bounty dump is 50% less when 100% of tokens are sold; alternatively put, the impact on token price when the bounty dump occurs when only 50% of all tokens are sold is a 2x (200%) increase in magnitude - as 1x increase = 1 (1x1=1) when contrasted with the same situation if 100% of all tokens were sold.

Hope that makes sense. It's not a practical ex. as most icos sell out - the legit ones anyway - and I'd personally avoid any ico with bounty > 10%.
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