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Institutions, corporations and government organizations can effectively and quickly verify the identity of the user? and who will be responsible for the safety of information?
A Non-Profit Identity Network Foundation (INF) will hold the responsibility of overseeing shared elements in the Everest Network's supernodes. This organization is funded by Everest itself, but stands as its own entity. |
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I have some doubt about the raised amount because after crowdsale till now they didn't raise any amount or else the bar is showing wrongly? But when I check in ethers can transaction are being done by the investors and let's hope we get some update from the team?
There's not been a crowdsale yet, perhaps you're thinking of another project.  |
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What is the token price on public sale? and where can I find the public sale status? (the number of tokens sold out, fund collected...)
Thanks in advance!
The price structure for the sales round is as follows: ● 79,365,079 million ID Tokens sold at a 30% discount, ● 83,333,333 million ID Tokens sold at a 20% discount, ● 78,431,373 million ID Tokens sold at a 15% discount, ● 11,111,111 million ID Tokens sold at public price This is based on a 0.09USD per ID token price. For the moment we are still in a pre-listing phase, you can join the listing on our website ( https://everest.org) with an indication of the number of tokens you want to purchase. |
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I see that you have some high profile advisors there,inclduing former president of Estonia,really impressive.How close they work on the project?
As advisors, they have advisory roles and support the core team with guidance. I have heard that all tokens that will not be sold in the ICO process will be destroyed, is that true? Is this step aimed at supporting the price of the token?
The burning of tokens is aimed to keep the economy stable and help with the growth of the organisational value  |
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[...]
That's pretty soon then, you have not filled soft cap yet i see, if you are going to run this without soft cap filled, how does that affect on your exchange?
Although the token-sale indicator on the website is not updating properly, CryptoSouk is close to reaching their target goal. It is unlikely the soft-cap will not be met in the presale round. May that circumstance happen, a look will likely be given at the token economics and investment rounds. However this is just speculation, since the expectation is the soft-cap will be met. The goal is to move towards the Demo going live after the soft cap. With a 14k userbase on our demo platform, the referral system going active and the direct Crypto to FIAT pair trading CryptoSouk is ready to go! |
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I wonder how the community reacted to the initial name change?
Everest is more than just user ID verification, and wants the name to reflect this. There seems to be a general understanding and positive feedback from the community about the approach. What is the amount of tokens prepared for the bounty pool?
There are 7,000,000 IDs reserved for the Bounty campaign Hey. Tell us please what structure of bonuses do you have for investors and is there anyway?
The seed round had a 50% discount (2M raised), then in a tiered structure there will be a 30%, 20% and 15% discount for the pre sale which is open for participants. The tier structure discount depends on the time of investment and how much has been raised so far. 20M is the goal to be met during these sale rounds. You can sign up for the pre sale at the bottom of the website https://everest.org |
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Who are the partners of EverID and do you plan to maybe open public sale if private one does not reach hard cap?
You can participate in the Pre-Sale. There are no indications so far the target funds won't be raised. The official partners of Everest (recently rebranded, read comment #532) will be announced publicly. Before this no speculation will be made on partnerships. You can however get an indication of the kind of partnerships Everest is seeking by looking in their team https://everest.org/#team and advisory board https://everest.org/#advisory. |
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How experienced is your team when it comes to blockchain technology?Did you work on some projects prior to EverID?
The Co-Founder and CEO Bob Reed has deep knowledge of working in the field of information technology. In particular his work with Peer-to-Peer applications (working at BitTorrent) as well as his work in Blockchain Consultancy (Partner Kai Labs) makes him a good fit for the CEO position of Everest. His partner, Co-Founder and CPO Brad Witteman, has also worked with BitTorrent and Emergent (with expertise in the field of DAO and application building). He has had several senior positions and is knowledgable with DApps. With his knowledge of service products that are relevant to the Blockchain industry (P2P, DAO) he is a good fit for the position of Chief Product Officer. Mike Kall, the CTO, prior to Everest worked with Yahoo!'s infrastructure and at Netflix. He specializes in Network, Security and Cloud Architecture. His knowledge of network and security are an important attribution to companies operating in the Blockchain industry. The team has a wide range of very applicable knowledge that can create a significant contribution to the Blockchain tech industry. You can read more about them on their website: https://everest.org#team You can also find other sources there, such as their LinkedIn. |
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Or atleast if you are in negotiations with some big companies?
Everest is constantly working on Business Growth. with that being said, no comments will be made regarding partnerships until official news about it is published. Keep track of our announcements via telegram https://t.me/Everest_AnnouncementsI just can't get used to the name change. I was reading your reply and thought I was on the wrong thread  Sincere apologies, I hope you understand why the name was changed (as mentioned in post 532): "The rebranding was done to get Everest's vision clear to their audience. The Everest's brand fully encompasses the business model, rather than focus on one of our aspects. Wile Identification is a huge aspect of the platform, the actual APIs and DApps are far beyond basic identification. Have a look in the whitepaper if you have the time, in particular, page 11 from the whitepaper (blockchain technology) " |
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Or atleast if you are in negotiations with some big companies?
Everest is constantly working on Business Growth. with that being said, no comments will be made regarding partnerships until official news about it is published. Keep track of our announcements via telegram https://t.me/Everest_Announcements |
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What's your next big milestone?
The next major milestone from an implementation perspective is in October when the Everest 1.0 platform is planned to go live (token, ID + Wallet DApp, blockchain implementation, admin console and API) Other major milestones can be found here: https://everest.org/#roadmapRegarding the rebranding, anything else important changed, or only the name?
No. The rebranding was done to get Everest's vision clear to their audience. The Everest's brand fully encompasses the business model, rather than focus on one of our aspects. Wile Identification is a huge aspect of the platform, the actual APIs and DApps are far beyond basic identification. Have a look in the whitepaper if you have the time, in particular, page 11 from the whitepaper (blockchain technology). What are some problems that you are trying to solve with EverID?
By leveraging blockchain and distributed storage technologies, Everest empowers banks, governments, NGOs, hospitals, businesses and other institutions to transparently and effectively exchange value with those hard to reach users, especially the 5 billion users without smartphones, all while giving users the most control and privacy in the market. It does sound quite interesting - all these things you are trying to achieve, but how will you approach people who do not use updated technology? you mean people who do not use smartphones? maybe a desktop app would be ok for them. Collect documents, biometrically sign contracts to serve billions of users with or without device. But if they do not have the device how can you enable the collection? For collection of data the individual does not have to own a device himself. An agent of the organisation will in this scenario connect the person with the agent DApp. The individual just needs to be physically present. |
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Sorry for asking, but who are you? Cryptopokerclub has its own ANN thread already and you create a new ANN thread? If you are just a part of their promotion/marketing team then you should not create a new thread while there is one already. As per rule, one thread per site only.
Aside the forum rules, double or more threads wont be good for the users of the site because it will be confusing. Unless you are the new owner if the site has just been sold recently then you can create a new thread but you need to ask the older owner to lock the old thread.
Since this thread is both an announcement and an advertisement for gambling, I had covered the announcements in Alt. Crypto > Announcements and in Marketplace > Gambling. I considered making two different topics for the announcement and for the event, but instead went this road. I understood duplicates may not be posted in the same board, but saw the relevance of posting on different boards. If that's against site policy then please have my apologies. This thread may be locked in that case. Thank you for pointing it out. |
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2 more days until the start of the events - don't miss out! |
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The first event will start this Friday at 19.00 GMT, with a guaranteed prize pot of 0.1 ETH +3 tickets for the main event 0.4 ETH |
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It's a bit of a sad practice to forcefully educate people like this, rather than write a good article about the state of ICO's and how to perform due diligence. Something about teaching with a hard hand I suppose  Also, I feel this is taking away valid credit from projects that actually are working on something like this. Take for example LockTrip, they have an online travel agency that is 20% cheaper on average than AirBnB and Uber. Their booking system works and anyone can use them. They do not get the amount of exposure they deserve - anyone who looks into it can see the value to the economy and to consumers (travelers, mainly) they create. I would really like to see it if we, the community, got together occasionally to analyse the market and make an honest and educated analysis of which projects should get exposure with investors' trust and why. Since it's a sharing economy, we are also sharing the important factors it takes to see it become successful |
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Please note. I have rectified a previous statement to avoid confusion. Credit Card payments are not an option. Payments can be made in Crypto (ETH, BTC, LTC) and FIAT Wire Transfers (USD, EUR, GBP, JPY). Both work! KYC processing is a requirement 👍
Edit: Credit Card payment is not an option, only bank transfers
You can find more information about purchasing tokens in this guide. Do you have channel only?Or you have group too?
You can find our English channel at https://t.me/Cryptosouk_community_EN and our Arab channel at https://t.me/Cryptosouk_AR |
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Are there any restrictions on participation in the sale?Can US citizens participate too?
No. Unfortunately, US citizens are not allowed to participate. This is an entire list of countries not eligible: CHINA VIETNAM UNITED STATES IRAN N-KOREA SYRIA SUDAN CUBA Will you have a mobile app like Binance does?
Yes. The goal of the public release is set at Q1 2019. |
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