Are there any product categories Vanig will be specialized on? Or will it be the universal market ecosystem?
I don't think there is given it would depend on the suppliers they are partnering with. Specializing in a given category could be a good think at this stage but not sure if it the right decision. I think that would be determined when the partners start selling; on that data you could decide. I think is best if they concentrate more on the larger market scenario than specializing on one section or niche, users and visitors of the sites should be giving preferences by showcasing different types of niches and products to select from, this will create a more robust environment for the project and customers will be happy at the end It won't be wise if they do concentrate on one product or one side of the market. This is an e-commerce site so they are expected to have as more products and from different markets as possible. I agree if there was only on product from one market it would be better to buy it at that market unless Vanig gives a huge amount of discount on it. I still think their biggest advantage is the ability to track a product to its origins and get more details about an item aside from the labeling. There are types of products or consumables that if users knew more about would buy with ease. especially when it comes to organic and electronics. |
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One very intriguing part of the write up is where it was clearly stated that as long as any of our device is connected to the internet, it means we are actually exposed to cyber threats all round wow  , cyber threat is actually really a big deal as millions of dollars has been lost to this modern day problem, gladly bitfence is taking care of the very minimal form of device You are right, is actually a big threat, no one is safe when it comes to cyber crime, that's why i usually go with projects that tend to solve a critical problem, such as this, the damage that can be caused by a single cyber attack can lead to lose of money and even lives, that's why Bitfence is needed, to actually relieve the populace of such attacks Security in the blockchain is long over due and projects like bitfence is bringing a new kind of relief to the ecosystem, long before now the fear peeps have of the blockchain and still do have is the fear of being hacked and in the last one year or so there have been different security project springing up which gives us a lot of confidence already - good work bitfence i'm here for a very long ride I think the blockchain is quite secure that is why it is used as a possible solution. What bitfence has that is different is the collaboration aspect of various miners. Mining as we know it today is quite costly especially when it comes to electricity consumption; bitfence does it differently you can mine using a PI. |
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In what way does Superbloom distinguish itself from other projects such as kickico? what is the advantage to investing in superbloom?
I think the main advantage with this one is that they do the review before listing any ICO; the ICO to list is authenticated. Also there rewarding is different. With this you are rewarded based on hodling and there is not listing fee. |
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If I buy the token now, per token will cost me 0.12 USD. What could be the price after listing? I have seen some message which says BittWatt token will trade in 3 digits by 2022. Is this possible?
let me have a look in my glass orb  Noone can tell you the value of the token in the future, if you think the price will drop after listing on exchange, you can place low valued buy orders to get some cheap tokens, BittWatt however looks quite promising and I doubt the price will go much lower than the first buy offers that will be placed on the exchange haha, yeah we'd all be millionaires if we could tell the after ICO price of coins  Look at it this way, they're making huge progress with the partnerships they are establishing, however lets be realistic, 3 digits is a long way off if you mean it'll be in the hundreds. I agree you just need to have patience and believe in the project that it can go so high, i think by holding it for long term the price will go high for sure. Have to agree, i always find it funny when people ask for estimates on where a coin will go, it could be the next bitcoin or it could be the next crash, talking about 4-5 years out estimates is impossible hell people can't predict where bitcoin or ethereum will be tomorrow let alone a month out or 5 years out I think the most important bit is the operation. It seems we will be able to see a public system this year and as soon as partners and or suppliers start to use the platform it is the token coming to action. When the token is actually needed you are likely to see the price spike. |
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The Telegram admins are going to be relaying any info from the Consensus event to us as soon as they hear, really recommend everyone who isn't already a member to join their channel: Official Telegram Community For Vanig.io Description https://t.me/vanigplatformMuch anticipation in the event. Is vanig attending as a speaker in the event? Is there anything planned on the event or general crypto news? I am on telegram now and waiting for any updates to come. Hopefully they will be able to land some partners and especially ones from Asia. |
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I have overlooked it on the homepage so far, but for the mining there will be a separate app for windows / mac / linux.
I guess it just runs in the background and while you do other things, you can mine tokens. cool
Are you talking about the protection or the mining? Either case if it is mining i think it is best being on a separate entity especially that it can run on a PI; that would be safer than having it run along side your environment. |
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I came to know about this project from social media platform. And I have checked whitepaper and some videos about 4NEW and now I am going through the discussion on this thread.
It seems that I found this project late, but I still have chance to participate in pre-listing token sale. Since they already have two power plants and trying to crack a new deal I think it will be still good decision to buy the token at 2 USD?
From my own perception and view of things they are doing the right thing already, putting in place before hand what they intend on achieving, buying at 2$ now seems to me as a smart decision, I mean it could go up or down but the long term growth of it is both certain and my focus I am agreeing with more than 100%. 4NEW is really long term story. You cannot construct or buy power plant and utilize the tokens almost immediately. It takes time. Honestly project team is moving faster than expected or even their own roadmaps. I also miss this project at the start of ICO. But after some research on this project I decided to invest. I have registered in pre-listing and waiting for 1st June. The plants are a real milestone achieved. Talks in other regions began too. It is not long now until the pre-listing sale and we should see since the plants are operational the expectancy is that to see the volume hit its highest and price too given the demand would be immediate. |
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Do you plan on creating any bounties for blog posts?
The bounty campaign is already over for quite some time and the ICO will be only open for 3 more days starting from June 1st. So there is no blog bounty at the moment anymore. Yea. Unless they gave plans of doing more marketing and awareness even after the sales period, then they can maybe think of a bounty campaign but outside that, I really don't see any bounty coming up any more. Its a 3 days sale, i don't really see the need for a big marketing campaign. They already doing a lot by pushing the development of the project forward as we can see with the purchase of the 3rd plant now. That alone is enough to make the 3 days sale sell out. At the moment so many good news come in, there really does not need much marketing. Alone the announcement of the power plant in Puerto Rico should attract many new interested parties Agree. Now 4new team should focus on new power plant deal now and expansion of business in different parts of the world. No need to distribute free tokens now. Exactly this!, I feel like the team have done many airdrops resulting in more air drop / bounty hunters, I think the name is most certainly out there - so hopefully no more free tokens and more work / updates/announcements. Keep up the good work I agree I hope no other airdrop takes place. The updates do more good; I personally was excited on the puerto rico talks taking place. Especially after the recent troubles that happened electricity was highly damaged. |
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. The project has progressed really well no reason why it would not sell; I mean if they keep the announcements coming they are good. will the token be locked after the sale? any idea on that front? |
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Are there any product categories Vanig will be specialized on? Or will it be the universal market ecosystem?
I don't think there is given it would depend on the suppliers they are partnering with. Specializing in a given category could be a good think at this stage but not sure if it the right decision. I think that would be determined when the partners start selling; on that data you could decide. |
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Superbloom vetting projects before they come out as an ICO saves a lot of energy, time and manpower, if you know what it takes to get real project out there you will appreciate Superbloom real fast
That's some real task superbloom are planning on taking up and i tell you that this won't be easy. I must say that their criteria for choosing an ico must be 100% accurate because if anything goes wrong and that ico turns out to be a fraud. Superbloom will pay for sure. crucial point. I am not sure about superbloom paying as I haven't read that in the whitepaper maybe I am missing something. But the selection process is critical you would minimize fraud but the success of a given project is all on the team executing. That is a critical step filtering early on. |
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Do you plan on creating any bounties for blog posts?
The bounty campaign is already over for quite some time and the ICO will be only open for 3 more days starting from June 1st. So there is no blog bounty at the moment anymore. Yea. Unless they gave plans of doing more marketing and awareness even after the sales period, then they can maybe think of a bounty campaign but outside that, I really don't see any bounty coming up any more. Its a 3 days sale, i don't really see the need for a big marketing campaign. They already doing a lot by pushing the development of the project forward as we can see with the purchase of the 3rd plant now. That alone is enough to make the 3 days sale sell out. At the moment so many good news come in, there really does not need much marketing. Alone the announcement of the power plant in Puerto Rico should attract many new interested parties This is a good point made, the fact that 4NEW Have already thought about there 3rd plant being located in a foregin country, this shows the potential of the project willing to expand in such short time period, your right - this will attract many other investors This could mean many things now if it is secured; If they are able to set the third plant it means they will soon be able to open another. The token would really be of use that happens. Imagine selling token to different energy grids. The demand would be massive for the same minted tokens. |
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is there any chance of being on major exchanges such as Bittrex? and how much tokens already raised?
I'm sure the team have ambitions on this like most projects no doubt do but it's likely at the start that they wont. These bigger exchanges charge an absolute fortune and it's just not practical for most. You are right, most times is even best to start from a smaller platform and move to the bigger ones, reason that it has a kind of influence when a project move from small to big, the community will understand that they are serious but that aside, i usually say that big exchanges can't help a bad project, a project with a difference will stand out, no matter the avenue they choose as an exchange I think the best approach is to use some not so famous exchanges at first time. Trading should begin from small volumes. And then when everybody is sure about reliability of token they can move to bigger exchanges. It's most of the time also a question of the money a project wants to spend. Do they decide to spend a huge sum of the money they just raised to get listed on a major exchange to please all the 'moon-kiddies' or do they decide to go for smaller, cheaper exchanges, build up some trading volume there and increase the community so that maybe the community can help to get listed on Binance and co. by voting for example. Wise words, getting listed into exchanges is not an easy thing to do but a lot are still yet to get accustomed to the fact that is not easy and hence shout about big exchanges, only to dump as soon as they get listed, the fact is, the team has to do what's best for the project and not necessarily listen to messages that will break the credibility of this project If they are able to pull out some partnerships they will be able to start quicker with the system. Exchanges can't look the other way when they see a working project and making money. However as proposed the team should start early on to have the exchanges attention. |
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Every day I read about this MVP and that some users may already test them. I'm really waiting for it and I hope it starts this week
that's going to be fun, do you think we can virtually shop already?
I think they talk about some web application with basic features implemented. There should be products and categories lists, searching, personal profile, shopping cart. I'd like to look at this though. This is just an assumption. They are using Rinkeby test net for the mvp; you will also get free token to test out the system. The system is meant or the mvp is meant to reflect how the flow would work. It is a prototype for how the system would look like. It will not be functional yet. |
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I like the concept for bitfence but I really want to see how it’s actually going to work I want to see the flow and plan behind the software it’s an exciting concept but it’s going to need a lot of testing I think and a pretty extensive beta program hopefully
This is very important bitfence hopefully they will release a prototype where users can test how the system works or maybe a virtual machine system where we can playfully run a simulation of the prototype system.. I am too much excited about this project. I have been waiting for a test VM image or somthing just to give us an idea and concept of the software that is going to be put in place A testing phase will be great, i actually think they'll have several testing phase if not for anything to ensure the project operates perfectly what i'm not certain of is if few members of the community will be take part when the testing phase takes place. That would be really great I am curious on how they will kickstart they bait and have the hackers look towards the honeypot. I know of the dominant approach is to have a the hackers try to hack it and who ever hacks it gets rewarded. Another approach would be a link to the honeypot would be posted in malicious locations. |
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Nice write up; I specifically liked the rewarding system they have in place. The more you hodl the better the rewards. A smart way to increase value more people would want to hodl lol. That's the fact, the benefits of the project is enormous, when you look at it critically, you will understand that is like a one way ticket to unending means of several cryptocurrencies and for the fact that they will also integrate the trading platform is also a bonus for holders, imagine having several tokens and trading at same time You will end up rewarded at the end of the year; you get various tokens of successfully ran project on superbloom. It is a nice strategy but the ones on the premiere get to invest early on on various project they assess to likely succeed. |
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I am thirst for more partnership announcements from the Bittwatt team. When will be the next partnership announcement come in? How big would be that announcement? Fingers crossed and waiting..
A partnership announcement would be really great to have now. I think this part of the progress would mostly involve getting more suppliers on board and I think they will be fueling the network with more offers. Have to agree partnerships are what will matter from this point forward. As they can build more partnerships they will develop into a powerhouse there trick I think is to gain corporate interest and meet at a high level worth manufacturers especially in Asia They will also be the early adopters of the platform which means to them they will surely get a better reward for getting on board early on something like low fee or the announcements they will have with bittwatt and vice versa. Especially that the sale is going quite well. It the best timing. |
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I'm curious how many other e-commerce vendors are interested in the Vanig patent and then pay royalties. I can well imagine that they will make a big part of their profits with that
Do you mean Vanig should sell theit plarform engine to another e-commerce companies? To emphasize on development and support of universal trading platform rather than promoting own recognizable brand? I don't think this will be the case, the vanig team so far has not stated if they will do such, i wonder where this is coming from and no authentic response from the telegram group either, probably it was just a random question thrown to the house and it got misunderstood or something, if they actually want to do such, it would have been done before now It happens i guess, people misunderstand when it comes to patents, some people patent things and license them other companies patent things to protect their market space from others invading and diluting the market for what their patent covers, i imagine vanig will use their patents based on how best they can assure success of the company. Ok, I probably misunderstood the question) Of course, Vanig should patent its developments as far as every IT product should be registered in patent agenies. This will protect their bussiness and intellectual property. I am not sure how global the patent is and it would highly depend on the details stated on the patent. If anyway got a link to it please do share it. From the title they posted it is about integrating eCommerce and supply chain using the blockchain. |
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