Base on what I've read, it looks like its getting hyped already. But to be fair its really a good concept here. How much HoneyNet do we need to run nodes? Seems to be sale is going good. But just want to know that next stage will start after they reaching their 2000 ETH? If they will not reach their 2000 ETH goal then what next step will be taken?
It will probably continue or it will be extended depending on what the team wants. I think that they will just continue, because they have to move on, and hit the softcap. It only need to hit the softcap for the project to move forward. If I am an investor, I'd be sending my ETH before 4% bonus again will be deducted. When they say they'd be releasing hardware solutions, what sorts of product are these? Though the softcap of a project is the most important, the hardcap is also very much important if we look to see the full features of the project. I tend to find hardcaps more wishful goals than anything else my main thing is making sure the project can meet its goals some of those would probably be easier if they do manage to reach hardcap as more cash allows for bigger teams and more effort I agree with the softcap they can start the project but as you say with the hardcap they could achieve the maximum of the project easier and faster. Yeah, reaching hardcap isn't a necessity but it's sure good if its reached, it equip the project with all the resource required for a project to attain a top notch performance. Hitting the hard cap is always great for ICOs but I don't think that should always be the case. Softcaps are set in ways where it is sufficient for icos to start making money and the token worth the money. |
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In order to be eligible to receive the token rewards, how many tokens do we need to own? Or would any amount be enough to be eligible for token rewards?
There is a tier approach to this. In the whitepaper three were mentioned If you hold SEEDs bettween 1 to 9999. You are a normal member. If you hold something between 10000–99999 SEED tokens allows you to have priority access to icos. If you hold more than 100000 SEEDs you can even reserve tokens in an ico. |
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What does a light cap mean ? I never saw that in any Icos. Can they still move further with the project, if it hits only the light cap ?
Now it is quite a difficult time for ICO projects, cryptocurrencies and bitcoin are again at low rates, there are many projects in the market without a working idea and legal study but with a huge budget for marketing, so we have secured ourselves and divided our plans not into 2 stages - soft cap and hard cap, but into 3 stages: Light, Soft and Hard. In all three versions, the project will be able to develop, but with different speed and power. I guess that makes sense regarding intensity more money means more ability too pour more cash into things like manpower and office space and get things moving at a faster speed than with a shortage of cash But what would that mean for the CryptOcean; I mean I am still confused on the security part. To have a light cap; does that mean a successful ico even if soft is not sufficed? |
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This project has a better authentication service also for the users and i must say that this is the first e-commerce project based on blockchain that i have seen. This project is out to make investors rich.
I don't know if it's just me but i am not comfortable with a project coming out to make Investors just rich, i think vanig does much more, I think Vanig is all about the community as they place people first before anything else Many projects wants to see money and that their primary goal. Comunity oriented projects are getting less and less these days. If Vanig is successful, then it will be beneficial for many people in the world. i hope that they implement some form of 2FA authentication into the platform as well! 2FA should now be standard. especially when shopping online. Everyone has their credit card data stored in the online shop, when others get too easy access to it, then it looks on the account quickly sad yeah, it should be, but i've seen so many crypto platforms where it isn't. Really hope they have options for Authy, Google 2FA etc. Although I'm actually sure that Vanig will implement a 2FA, maybe we should ask in the telegram channel for safety's sake. Maybe they did not have this idea yet and need our advice :-) an update for all who want to know: I have asked in the telegram channel if they implement 2FA and the answer was a big, fat YES good news As I said, 2FA should now be standard. good that Vanig implement it Great to hear, 2FA is a standard thing these days with the amount of recent attacks and phishing forms. It's a very important security addition nowadays This is cool. I am glad that vanig are looking to implement the 2fa security on the platform at least i know my account will be safe. I was in talks with VP on telegram and I asked about a way to convert to Vanig from within the platform. he shared a shot of the system where you can do that using a single click. I don't know if it's possible but could you share that screenshot here in the forum, too? I think they are talking about this screenshot looks very simple sorry, I can only link to the telegram post and not put the picture directly into the forum https://t.me/vanigplatform/35434He beat me to it; So the idea is that there will be a way for users to request tokens using a single click. We will be able to see more of it once it opens to the public. |
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It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets
Yeah, it's the first time i'm coming across it, if they successfully implement this it will surely make things easy for people especially those that aren't really conversant with Crypto trading, with the plastic crypto cards which is linked to your local bank account one can deposit and withdraw cash from your financial and crypto accounts in regular ATMs. Yeah I think i have seen one carried out by a problem but unfortunately it was only used by the project president on demo, it never saw the light of the day, is cryptoOcean looking at doing a video of the plastic card when it is manufactured? I think that is where they will have the advantage. If they focus on the cars and ATM it would really be something as of now there is a huge lack in such means where you can simply withdraw and deposit from an ATM. there is a huge gap between crypto and fiat. This is the killer, making a nice connection between crypto and fiat from a cashpoint - that will be awesome I think it will come given amount of time once the market has stabilized a bit. When that will happen? I don't know. I'm glad someone is seeing the bigger picture of what i've been talking about, when you talk about project that is offering something unique and beneficial, this is one of them, we've all wanted the people to embrace blockchain, well, this is one of such avenues that will propel that vision, all they have to do is stay focus and deliver what they promised If I understood correctly, CryptoOcean is planning plastic card for crypto similar to what we have for Fiat currencies? This means CryptoOcean will act as gateway (like Visa) or only as a bank? I believe so, the card can be used for all purpose, like a universal card for buying and selling, as stated on their whitepaper, so it will be like a gateway to purchase any cryptocurrency and get your conventional or fiat currency which can be transferred to your local bank account, the blockchain industry is trying to break that norm that they are just a virtual process but with upcoming projects like this, they are becoming more of a physical thing, which is lovely This is actually a daring concept and tasking as well, what this does is that it will place blockchain in the map for good in the world as having real life applications and physical resources as well I think this would make banks panic some lol. I genuinely think if they executed the ATM and Cards properly they would be the go to for different regions. Add the exchange on top they will be able to fuel various services that deal with fiat. |
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This project has a better authentication service also for the users and i must say that this is the first e-commerce project based on blockchain that i have seen. This project is out to make investors rich.
I don't know if it's just me but i am not comfortable with a project coming out to make Investors just rich, i think vanig does much more, I think Vanig is all about the community as they place people first before anything else Many projects wants to see money and that their primary goal. Comunity oriented projects are getting less and less these days. If Vanig is successful, then it will be beneficial for many people in the world. i hope that they implement some form of 2FA authentication into the platform as well! 2FA should now be standard. especially when shopping online. Everyone has their credit card data stored in the online shop, when others get too easy access to it, then it looks on the account quickly sad yeah, it should be, but i've seen so many crypto platforms where it isn't. Really hope they have options for Authy, Google 2FA etc. Although I'm actually sure that Vanig will implement a 2FA, maybe we should ask in the telegram channel for safety's sake. Maybe they did not have this idea yet and need our advice :-) an update for all who want to know: I have asked in the telegram channel if they implement 2FA and the answer was a big, fat YES good news As I said, 2FA should now be standard. good that Vanig implement it Great to hear, 2FA is a standard thing these days with the amount of recent attacks and phishing forms. It's a very important security addition nowadays This is cool. I am glad that vanig are looking to implement the 2fa security on the platform at least i know my account will be safe. I was in talks with VP on telegram and I asked about a way to convert to Vanig from within the platform. he shared a shot of the system where you can do that using a single click. |
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I’m hopeful for this project that we continue to get solid news and announcements from the team as the real work continues and the platforms various parts come together over the next several months after the ico finishes completely
I am looking out for the Puerto Rico news to be honest. It would really be a great case for many others to follow. Since the recovery after the devastating Maria Hurricane is costly. The repairs to the energy grid alone is around $200 mil That 200m sounds a little low for the scale of devastation but theirs going to be a lot of money dumped into redevelopment efforts from private companies to assure they are future proofed going forward I believe Instead of constructing the plant from the scratch, they are buying and progressing faster than expected. So I strongly think this is the most efficient way for progressing also. Oh really? so they're purchasing an existing plant there? Thats what they did it UK right? My understanding is that it would be more efficient if they go for finished plants. I am not sure about PR plant. Will wait for further details as it is just discussions ongoing. They did both for the UK, they bought two plants and have one being build currently And when is the plant that is currently being build ready to produce electricity? I guess it wont be this year, right? Don't know how long such a construction usually take. According to the roadmap, the plans for the 3rd power plant will start in Q2 2018 and will be built in 2019. So this year they will work with 2 power plants Of course it can be that the roadmap is no longer up-to-date, because they have often been ahead of their goals Okay I see. So the third plant will definitely not be available this year for electricity production. It will be interesting to see how the first two plants are performing and what is more profitable. Mining or selling to the grid. The third plant in the UK anyway. They're in talks to with multiple countries about plants.. So i fully expect them to be at least 5 plants working at the end of 2018. I would love that to happen especially if they can get plants in atleast 7 countries. It would be a big achievement for them. I am guessing the third plant would sell to the national grid or are there different plans set? This would really be interesting to watch, a third plant and a possible new region. |
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Seems to be sale is going good. But just want to know that next stage will start after they reaching their 2000 ETH? If they will not reach their 2000 ETH goal then what next step will be taken?
It will probably continue or it will be extended depending on what the team wants. I think that they will just continue, because they have to move on, and hit the softcap. Agreed the projects got solid momentum lately and has been getting some solid reviews and buzz so I’m hoping that they will reach their caps to pull forward and be able to bring ththe concept to market fully Once they hit 2000 ETH, I believe that Stage 2 of the ICO starts, I saw it mentioned in their Telegram channel. Oh oke so the stage will get extended now for 100%. Well after Stage 1 they will get their softcap. So no complaining from me ! That we do not know exactly. But have to wait for announcement from their. Actually since 2-3 days they are not updated progress here. So might be we can see some more figure in coming 2 days? The sale is going pretty well for now over 1100 eth sold... I do hope the 2000 eth for the stage is sold out as it is a little below 900 eth remaining. I think it is doable. Which stage would follow though? Is this the hard cap? The 1100 is pretty decent given the recent market shake. |
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See below correct details of distribution and use of funds.  Not much difference between softcap and hardcap if you look into the data carefully. They have to raise only 30% to hit the hardcap after reaching softcap. Can someone tell me how much amount need for softcap? I don't see the softcap target here? I see pre-sale target and hardcap only. May be I am missing something here? I managed to find $5million USD for softcap from ICOBench: https://icobench.com/ico/superbloomI checked Telegram and it seems the $5 million soft-cap that ICOBench is showing is correct. Emmie confirmed it on Telegram a while ago. This would be an easy target for superbloom and it is really great to see them starting such a great platform with a low softcap. With the advisers they announced not long ago it should be an easy target. The advisers have some great influence and big communities supporting them |
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It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets
I like the sound of that, where did you see this information please? I would love to have a plastic crypto card which I can use in normal shops I found some information in their whitepaper on page 17 and they say as i quote "With crypto cards, you can pay for goods and services and receive cash in ATMs". Does this mean if you are holding eth in the card your eth will automatically be converted to Fiat once you want to withdraw from any ATM. Yes, that's how I would understand it. There are already some such ATMs. I'm curious what the fees Cryptocean will charge for converting to Fiat Will there really be a need for fee other than the normal gas fee that is involved with erc20 platform?? And secondly, how do they plan to solve the confirmation challenge that usually take a little while? That's a really good question. one can not expect from the users that they wait 10 minutes before the ATM or go in the meantime on a coffee. I'm really curious how this should be solved. Interesting case but I think that could be solved; if they will be depositing to their platform they can keep the deposit records off chain and sync with the blockchain. So you would get it instantly. They will then push to the blockchain and await confirmations. |
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I have asked the VP yesterday on telegram about the checkout process. He told me there will be a way or mean to easily obtain Vanig tokens straight from the platform without having to go through exchanges.
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Base on what I've read, it looks like its getting hyped already. But to be fair its really a good concept here. How much HoneyNet do we need to run nodes? Seems to be sale is going good. But just want to know that next stage will start after they reaching their 2000 ETH? If they will not reach their 2000 ETH goal then what next step will be taken?
It will probably continue or it will be extended depending on what the team wants. I think that they will just continue, because they have to move on, and hit the softcap. It only need to hit the softcap for the project to move forward. If I am an investor, I'd be sending my ETH before 4% bonus again will be deducted. When they say they'd be releasing hardware solutions, what sorts of product are these? The hardware solution is the Stingminer, a raspberryPi, everything preset, you just have to plug it in. This is the honey pot that hackers want to attract. If someone falls into the trap and attacks the Stingminer, he is immediately recognized as a hacker and automatically reported to the Bitfence network. Once recognized, he can no longer do any damage You get paid for uptime as well as hacker 'fingerprints' as well, so should pay to have such a liteweight device There is another revenue stream for bitfence and is the hardware part where you get to buy various hardware pre configured with the stingminer; the ones that would make the better use would be enterprises. |
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I’m hopeful for this project that we continue to get solid news and announcements from the team as the real work continues and the platforms various parts come together over the next several months after the ico finishes completely
I am looking out for the Puerto Rico news to be honest. It would really be a great case for many others to follow. Since the recovery after the devastating Maria Hurricane is costly. The repairs to the energy grid alone is around $200 mil That 200m sounds a little low for the scale of devastation but theirs going to be a lot of money dumped into redevelopment efforts from private companies to assure they are future proofed going forward I believe There are many factors really; because the there are other spends for example getting debris out of the way and pilling it somewhere. That has a different cost. |
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See below correct details of distribution and use of funds. Not much difference between softcap and hardcap if you look into the data carefully. They have to raise only 30% to hit the hardcap after reaching softcap. Hmm, what is the softcap again? I thought it is 5 million USD. At least that's what ICOBench is showing. Nothing wrong with having a Hardcap so close to the Softcap, there's no point in raising more funds than they need imo I agree. This kind of tokenomics also show the less greediness of the team. They are satisfied with whatever they need it. I would consider this as positive sign. It is great most of the fund is spent in the technology; I am guessing they will be hiring a proper team. Which of the uses will be fore the team that investigates ICOs? |
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Oh, the last 40h of the ICO have already begun. Somehow this ICO passed quickly. I am no longer used to an ICO ending on the scheduled date. Meanwhile, the dates are repeatedly postponed. But I am glad that Bittwatt does not join in, that the ICO ends on the weekend and is already listed on an Exchange on Monday
I agree with you, you don’t see this thing happening very often( to be listed on exchange the next day after the Ico ends). Also, besides Coss.io , they said on telegram that they will be listed on the Huobi exchange( date not known yet). Oh really, they've already confirmed Huobi as well? Awesome. Only last 10 hours are remains. But can we have data how much exactly they raised funds and you much tokens they sold yet? Are you sure that they listing on Huobi after sometime? I mean I saw lot of fud/rumer message in telegram channel. I did not seen any official announcement from team. It’s possible but as is always the case await official announcements through official channels not just here say and rumors the team has been very forthcoming with information so I’m sure once they know investors will know as well I think the listing on Huobi would be quiet positive news, that's why official channel would announce it among the first sources. But we already have one exchange right after ICO ending, isn't this good enough? The next listing can be waited for some time) I am not sure how those exchanges work; but I think Huobi is more focused on Asian ICOs and they demand some sort of market making too I think of some given volume. |
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It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets
Yeah, it's the first time i'm coming across it, if they successfully implement this it will surely make things easy for people especially those that aren't really conversant with Crypto trading, with the plastic crypto cards which is linked to your local bank account one can deposit and withdraw cash from your financial and crypto accounts in regular ATMs. Yeah I think i have seen one carried out by a problem but unfortunately it was only used by the project president on demo, it never saw the light of the day, is cryptoOcean looking at doing a video of the plastic card when it is manufactured? I think that is where they will have the advantage. If they focus on the cars and ATM it would really be something as of now there is a huge lack in such means where you can simply withdraw and deposit from an ATM. there is a huge gap between crypto and fiat. This is the killer, making a nice connection between crypto and fiat from a cashpoint - that will be awesome I think it will come given amount of time once the market has stabilized a bit. When that will happen? I don't know. I'm glad someone is seeing the bigger picture of what i've been talking about, when you talk about project that is offering something unique and beneficial, this is one of them, we've all wanted the people to embrace blockchain, well, this is one of such avenues that will propel that vision, all they have to do is stay focus and deliver what they promised I think if this is properly executed you will be looking at a licensing business. They can license the technology and the brand of the cards and ATM to other places just like VISA for example. |
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This project has a better authentication service also for the users and i must say that this is the first e-commerce project based on blockchain that i have seen. This project is out to make investors rich.
I don't know if it's just me but i am not comfortable with a project coming out to make Investors just rich, i think vanig does much more, I think Vanig is all about the community as they place people first before anything else Many projects wants to see money and that their primary goal. Comunity oriented projects are getting less and less these days. If Vanig is successful, then it will be beneficial for many people in the world. i hope that they implement some form of 2FA authentication into the platform as well! That is an easy think to implement especially with google authenticator; That would not be a problem. I think the challenge they will be facing would be for adopting some sort of exchange for the Vanig Token within the platform. |
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It is definitely interesting the way you want to integrate plastic crypto cards. It is not something that you usually see in these type of markets
Yeah, it's the first time i'm coming across it, if they successfully implement this it will surely make things easy for people especially those that aren't really conversant with Crypto trading, with the plastic crypto cards which is linked to your local bank account one can deposit and withdraw cash from your financial and crypto accounts in regular ATMs. Yeah I think i have seen one carried out by a problem but unfortunately it was only used by the project president on demo, it never saw the light of the day, is cryptoOcean looking at doing a video of the plastic card when it is manufactured? I think that is where they will have the advantage. If they focus on the cars and ATM it would really be something as of now there is a huge lack in such means where you can simply withdraw and deposit from an ATM. there is a huge gap between crypto and fiat. |
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Still 1 days left ICO will be ends. How much total fund is raised of ICO ?
and after ICO ended, just listing on COSS? Why the dev is choose to put on coss?
Cristian Hagmann, General manager & Co-founder of Bittwatt was an advisor of Coss. And Andrei Popescu, Co-Founder of coss.io is an advisor of Bittwatt So they are already connected, so a listing on your Exchange is a logical step the last 15 hours of the ICO are running, on the listing on Monday, the prices will probably already be above the ICO price, so buy fast! Great to see Bitwatt already listing on COSS immediately after the ICO - they are not hanging around, I thought this wasn't possible due to token distribution but they obviously have a well planned procedure in place already. It is a great place to start; they can then later move on to bigger exchanges when they sustain volume. I think it was wise going this direction and not having to deal with all the smart contract states. |
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Guys, have you heard about Vanig loyalty program for those who use their tokens? It is based on amount and frequency of token purchases and they talk there about some customer statuses (Silver, Gold, Platinum). I'd like to know more about this feature.
I have not heard about it till now. Do we get more information about this? Loyalty program sounds very interesting. May be this will be another selling point for Vanig. A loyalty program could really incentivize not only people to try the platform but repeatedly utilize the system more frequently and continuously going forward Yea, the VP also showed up yesterday on their telegram group and some questions were thrown at him on why he joined this project and he said just one word that made me believe in the project and the word was 'TRANSPARENCY"which of course is difficult to see in most project these days, he also said something about an exciting news that will be dropping soonest, can't wait to hear that They really understand how to build tension. I am also curious. Really great that the VP personally answers questions in the telegram channel, you do not see that often Any updates on the MVP? I think it was mentioned that we should see something in this week. The fact that the VP is on telegram answering is great and I think they should do a live AMA. |
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