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Will you accept fiat in the ico?
No plans for an ICO right now. Hope to release early next year - when that happens you can get Loot when you play games! I understand correctly, you do not have specific terms for selling tokens? why so? This information is very important for investors. Because they don't even know if they're going to have an ICO. That information will come if they decide to have one, I'm sure. This isn't correct. Not every project needs to have an ICO. This ANN is about the parallels to what will be the Loot protocol expected launch in 2019. We're not asking ppl to invest, but offering play for ETH, giftcards and cash. Come and chat in the Loot Telegram https://t.me/lootrewards |
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Will you accept fiat in the ico?
No plans for an ICO right now. Hope to release early next year - when that happens you can get Loot when you play games! I understand correctly, you do not have specific terms for selling tokens? why so? This information is very important for investors. Yes we understand this is important for investors. Right now we're marketing the project to people who want to play games to earn ETH, Cash and giftcards as above. This is to get feedback on what ppl want to see on Loot Protocol. |
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This would be considered centralized then since the publishers have to have a single node for each game right?
Each node is the same network. If there are 100 games from 50 companies, that’s 100 nodes from 50 entities, so it is decentralized....No one can turn off the network... come and chat in the Loot Telegram channel https://t.me/lootrewards |
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What products have the team designed before?
Team are from Signal Zero... with millions of registered users! Check out lootforge.com for a full run down on the team and come and chat to in the Loot telegram https://t.me/lootrewards |
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Hi! Do you need Russian translation for ANN ?
Hey thanks for the offer. We're not looking for any translations right now |
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Is there any way to try it out now?
you can try many parallels out now at [Suspicious link removed]/taprivals .... let us know what you like and don't like. Also jump over to join the Loot telegram chat at https://t.me/lootrewards |
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ok. i have to admit this is a interesting twist of an use case in crypto world. this can go to moon
haha I have to agree |
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Looks interesting  Was hoping for more POW launches, so many ico's about and most never deliver Just today these guys started play games for ETH!! They're dropping daily REP codes in their TG channel https://t.me/lootrewards which you can level up and trade for ETH... bloody good to be able to do this with the current crypto market imo |
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Man, the mania over ICO is waning. I don't think another E-Commerce platform with its own token would pull in the diminished ICO investors. I think it takes a special kind of use case to be able to raise the best ICO funds. But hope for the best, nothing wrong with trying.
We're more than an ecommerce platform. Ecryptostore is just one functioning platform, it's a viable product with merchants and buyers active. It's FMT that is unique and has unique utility. Read whitepaper at freemarkettoken.io |
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I like the project with the concept of mining, but to get bigger profits must use tools, and requires considerable electrical energy.
Thanks I think you have the wrong project. Check out freemarkettoken.io |
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Token will be available right after presale/tokensale ? And will be transferable also then?
Token will be available and transferrable within 4 weeks after token sale finishes. |
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There are really so much similar projects now... when the beginning is planned?
We have already started and have a working platform, with V2 due out in July. Merchants and Buyers are already using the platform with a third-party crypto gateway. |
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What do I need to do to log in to the Ecryptostore? The FMT token can really reduce the transaction fee. What is the interest rate?
You can make an account at Ecryptostore as either a merchant or buyer or both. When FMT launches, yes one of it's functions is reduced transaction rate. why is the pre sale will now open there is no limit of day or time? how can people here know how long pre sale will open?
it seems to must updated again on the website link about pre sale.
Presale is live now until the discounted tokens sell out. do u have lightpaper?
We're working on this. Until then the whitepaper is at https://freemarkettoken.io/wp-content/uploads/2018/05/ECS-and-FMT_16_5_18.pdf |
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The Free Market Token has a mission of becoming the number one selling and buying platform of cryptocurrency in the world by using an Ecrystore system that allows users to make sales, purchases and review services globally. This platform will provide low transaction costs when using FMT token. How about with DApp your platform?
Sorry I don't understand your question? How about with DApp your platform? |
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Is it true that this project has been covered in the media? I visited your website and looked at the "as seen on" section but I can not see the URL of this project report. I can't click the link at "as seen on" news. Please update immediately.
There is no 'as seen on' section on our website, please make sure you're looking at the correct site https://freemarkettoken.io/ |
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Do you realize how your title sounds for investors - "Free Market Token"? (not very promising) And if I understand correctly the main advantage compared to Amazon/Ebay is a much lower service fee?
Do you have any really new feature? And what is the purpose of blockchain - to serve as an internal payment system, like Paypal on Ebay?
Yes the is correct. No the main advantage is not only to compare to ebay and amazon, the charts posted purely act as a comparison for fee structure. There is multiple utility of the token outlined in the whitepaper https://freemarkettoken.io/wp-content/uploads/2018/05/ECS-and-FMT_16_5_18.pdf |
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I have read about a very pragmatic project to create a platform for buying and selling electronic money and trying to become the world leader in electronic money exchange.
To achieve that goal, I found the project has a specific schedule, the team involved in the project has enthusiasm and professionalism. When using low transaction platform fees and secured transaction participants. And specifically, 15% of total transaction fees and net subscriptions will be distributed to charities each month. This is very meaningful to the community. Does this specifically make the community pay attention to the project or something else special?
This project is not an electronic money exchange. It's a utility token that powers a peer-to-peer ecommerce platform. Check out https://freemarkettoken.io/ and whitepaper here https://freemarkettoken.io/wp-content/uploads/2018/05/ECS-and-FMT_16_5_18.pdf |
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Will this reduction in the transaction fee be based on what factors? Will the transactions be using the Free Market Token?
Yes the reduction for transaction fees is based on using the FMT token. You can also buy and sell goods with a number of cryptocurrencies, not only FMT. |
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it's funny to read about your comparisons with ebay and amazon, cause even if your project is way better then ebay and amazon, you still can not succeed even close to the giants of Internet business
Exactly... we agree here. Our whitepaper states we are aiming to capture 1% of this global market which still brings us in at $1.75B. MASSIVE POTENTIAL. Comparing to Ebay and Amazon purely shows the enormity of the potential here. |
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How confident are you you will be able to stick to the road map?
very confident. We're ahead of the current roadmap with V2 of ecryptostore due out around July 2018! Functioning platform already. |
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