I just thought of something now and I think it's needed for light to be shed on it for my understanding. This is it :
Since the individual is given full control and benefits to his records, does an institution have any form of resale rights?? In the case where there is another institution interested in the medical data they purchased from an AIDOC chain user.
The company/institution would need permission to resell the individuals medical data to a third-party, but why would anyone in their right mind let another company sell and make a profit from their own medical data? It may not really come from a place of wanting to make money off their medical record per say it may be helping to understand some real life medical issues and your records might be helpful in such cases, it's really that altruistic but however the process is incentived Okay I understand that reasoning, but really it should be the patient/individual that should receive payment from third-parties for having access to their information and it shouldn't be the 'instituion' that is allowed to sell on the details. |
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On the Vanig platform, your payment is transferred to the seller immediately in the form of VANIG tokens. This enables the seller to ship your items faster and also results in fair margins for both Vanig and the Seller.
Why Vanig token being the sole form of payment?? I don't think this makes sense why not make various payment currency available to the seller ?? I understand that they are trying to run the platform by Vanig token and help boost the value but cutting sellers choice in terms of payment currency is really not cool and I don't agree completely with it I totally agree with you. I think other form of payment should be included like BTC, ETH and fiat currency but some form of incentive should be placed on their own token to encourage continue usage. Most of the time when you fail to give people choice they tend to feel they are been controled. If Vanig wants to compete with other e-commerce platform then I think multiple currencies should be supported. Many buyers will not be able to hold specific crypto tokens in wallet Yeah I agree, they can't limit themselves to only accepting Vanig, they should incentivise using Vanig tokens but also provide the option for customers to pay with BTC, ETH, LTC and some of the other larger crypto currencies. |
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congratulations, they reached their presale goal and raised 512.21 ETH
Did I miss a big investor, or was it a lot of purchases from different investors?
Maybe it was raised offline and they just added it to the total amount raised at the end of the pre sale. I do find the 'token counters' on a lot of ICO's very inaccurate and I do not think they are updated quickly enough, it sort of defeats the object of having a 'live' counter in the first place. |
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Has anyone registered to VitalBet yet and signed up for an account to use for sports betting? I have briefly viewed their website a few times but I do not gamble, it would be nice to hear a users experience of the platform.
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Hello people, feel free to fill the form and follow the steps if you want to participate in the airdrop https://bit.ly/2JDnuGh. Getting some free tokens wont be a bad idea as well First just registered for their airdrop. I urge those who are yet to do so to act quickly now while it's still open. You know, You really have nothing to lose if you do. Thanks for pointing this out Hendo, this is the first time I've seen an airdrop for this project, it looks pretty good, the first 5000 participants will get 40 BWT tokens as well which is worth approx. $8.00 ! Nice freebie for Bittwatt supporters. |
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OH really that's smart of them, I haven't seen ICO do stuffs with an exchange before now but Bittwatt being the first for me is attractive, it also came with a 5% bonus, I guess I will explore that I saw it I think once before but without a bonus like this so it’s interesting to see colllaborations like this. It’s nice to see crypto companies working together I really think what’s missing for the crypto world is just all the projects working tighter together not just competing I think competition is good for business and especially crypto because it motivates projects to keep being creative and make sure they keep developing. However I do agree with your comment about the crypto space being more co-operative, not many people want to help each other out which is a shame. |
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From my findings, there is 50% going into advertising. Could that mean that the team will also be willing to pay to be listed on any major exchanges?
I am not planning to sell though, just asking.
Same info I was reading on website. I found this statement there. " $12,000,000 will be used for an aggressive advertising campaign." So yes per this statement they are going to use for marketing/advertising purpose. i believe they have calculated this amount just in case they reach the hardcap. And there it is even further away So they will spend less on advertising We never observed yet, how they are going to use that amount. But I also checked website and found interesting info there. $1,000,000 will be used to update their platform and create a mobile application.
$4,000,000 will be used for a marketing campaign.
$12,000,000 will be used for advertising campaign.
$5,000,000 will be added to the existing bank - operational money for wins and loses.
& $2,000,000 will serve as legal agreements in different countries.This is quite detailed and very informative as well; has the marketing team been picked yet? This is great that GIFcoin have given some extra insight into how they are going to use some of the funds raised, I'm really looking forward to seeing what the VitalBet mobile app will look like, this is an essential part of their development and ensures they attract maximum users to reach their goals. I agree with you. I was wondering how exactly they would allocate funds. I think this is a very good plan, but at the moment the fees are a little lacking to these amounts. GIFcoin are doing well and they have raised a lot of funds, I believe that they will raise enough money to fund the amounts they need above to further develop their project and operate on a larger scale! |
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This should be put in front page to aid new investors understand Bitfence more better... Short and concise, it's most needed for the project exposure It is a very nice Youtube video. I agree with you that they should put it on the front page so that investors who are interested in this project will have a general idea about what it is about. Yeah it is, I like the animation that Bitfence already have on the home page. But you can never have too many videos, maybe they could move the video to the top of the page next to the counter, people will notice this more easily. |
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I am a bit curious, how do we verify the authenticity of the reviews? A lot of e-commerce sites buy reviews, so it would be nice if we could be cleared on that.
I think been a decentralized platform gives them that avenue to be more proactive than a centralized platform, with this, any fraudulent activity will be easily tracked and the appropriate measure will be put in place to curtail anything that may come up, i also think such has been answered before on their telegram group There is possibility that user just start writing reviews without buying/using products just to get free Vanig tokens. I think Vanig should only allow buyer to write reviews of that particular product That could be a good solution. But the problem with fake reviews is serious. I think even on Amazon a lot of the product reviews there are faked and written by professionals. Fake reviews cannot be completely eradicated. But implementation of blockchain leads to better transparency and hence these kind of fakes can be minimized. Atleast that is my understanding. Correct me if I am wrong. I asked that in Telegram a few days ago and one of the admins said that they encourage reviews from buyers that bought the item through registered account and sold inventory. Additionaly the have an ML algorithm that checks users profile to detect shilling based on content of review. Fake reviews are something that cannot be completely eradicated but can be reduced to a minimal point.. Vanig can work with the sellers and make sure they don't hire fake users to place positive reviews on their products. Sure, it's nearly impossible to get rid of fake reviews completely. That's what I was trying to say by mentioning the fact that there are still faked reviews on Amazon. But having an algorithm that checks the reviews and allowing only reviews from registered accounts is a good step in the right direction. It's a great way to protect buyers and sellers, I think it's great that Vanig are coming up with solutions to all of the problems that currently face large onine retailers and supply chains, I'm excited to see the final product. |
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From my findings, there is 50% going into advertising. Could that mean that the team will also be willing to pay to be listed on any major exchanges?
I am not planning to sell though, just asking.
Same info I was reading on website. I found this statement there. " $12,000,000 will be used for an aggressive advertising campaign." So yes per this statement they are going to use for marketing/advertising purpose. i believe they have calculated this amount just in case they reach the hardcap. And there it is even further away So they will spend less on advertising We never observed yet, how they are going to use that amount. But I also checked website and found interesting info there. $1,000,000 will be used to update their platform and create a mobile application.
$4,000,000 will be used for a marketing campaign.
$12,000,000 will be used for advertising campaign.
$5,000,000 will be added to the existing bank - operational money for wins and loses.
& $2,000,000 will serve as legal agreements in different countries.This is quite detailed and very informative as well; has the marketing team been picked yet? This is great that GIFcoin have given some extra insight into how they are going to use some of the funds raised, I'm really looking forward to seeing what the VitalBet mobile app will look like, this is an essential part of their development and ensures they attract maximum users to reach their goals. |
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OH really that's smart of them, I haven't seen ICO do stuffs with an exchange before now but Bittwatt being the first for me is attractive, it also came with a 5% bonus, I guess I will explore that I like it when projects use this kind of idea/proposition, using an exchange to host part of their token sale is a great way to get a project listed quickly and also ensure volume with the added bonus for purchases. |
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Is the Twitter campaign finished, now the ICO is over?
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I just thought of something now and I think it's needed for light to be shed on it for my understanding. This is it :
Since the individual is given full control and benefits to his records, does an institution have any form of resale rights?? In the case where there is another institution interested in the medical data they purchased from an AIDOC chain user.
The company/institution would need permission to resell the individuals medical data to a third-party, but why would anyone in their right mind let another company sell and make a profit from their own medical data? |
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Vanig simplifies and eliminates intermediaries and manual processes and brings in transparency to the entire Supply Chain process.
Removing the intermediaries/third-parties will make it cheaper for customers, but it also means Vanig will need to manage all aspects of the supply chain, which means a lot of hard work. One of the major reason why product are expensive is because of the many level of middlemen so removing them will make product cheaper and available. I think vanig wili have to start small considering the magnitude of work involve. The huge cut-off each middleman takes in a long supply chain is indeed a big problem. This way the local producers/farms only get a very little share of the profit. It's very true and some companies for example Amazon and a lot of other Online Retailers will sell some items at a loss to encourage customers to buy more profitable items. This is sometimes because there are so many middlemen/third-parties involved in the sale/delivery/marketing of an item, the company then needs to sell an item below market value to ensure its not holding dead stock and to still turnover a decent level of revenue. |
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Guess what is happening here? Mining threats already! Dont worry, we are not pre-mining, its a testnet, getting our pool ready  Damn BitFence is golden ... far exceed expectations and ahead of schedule!!! congrats Yeah man Bitfence are really off to a great start, can someone explain what's happening in the image above? Is it a demo of the Bitfence mining platform? They are testing the bitfence network on a testnet to make sure they don’t have issues. Basically they are actively trying to break their blockchain during this phase in the testnet this basically shows their testnet pools performance Thanks for the explanation Phantam, it looks like development is moving along very nicely. This means everything should be ready for the MVP launch in Q3! Just to add to the learning curve, I don't know if you guys have seen this article but very informative on the project, some good detail https://coinworldstory.com/bitfence-io/This is a pretty cool article about Bitfence, it doesn't go into to too much detail but it sums up the key points of the project nicely. One thing I'm curious about is this about Bitfence mining: "StingMiner software application will gather suspicious networking activities and invite/attract potential hackers to attack BitFence configured devices as cyber victim systems." Does this mean it is only the hardware using stingminer software that will attract hackers, or could other computers connected to the network not using stingminer also be liable to hacking attempts? |
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