your soft cap is very high. $ 5 million, right? Tell me, what happens if you do not reach it? does the team have a plan for this?
I thought it was $25m for the softcap? Darkoth89, I seen that light cap is 3000,000$ and softcap showing 5,000,000$. But what is the light cap and why they need it? About light cap I did not seen before this project. Hi, ethtrader. 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. So that you mean to by using Light Cap concept it will take more easy raise funds? Another question is what will happen if they will reach Light Cap but not Soft Cap? lightcap *the minimum amount below which the collection is considered invalid, and the collected amount is returned to investors. At the same time reserves and the liquidity is sustained to maintain the balance in exchanges, bank accounts payment systems not in full, but sufficient for the startup, volume. If the number is higher, the collection is considered valid and the funds collected are used for the project implementation. softcap ** the required amount, all collected funds are used for project implementation, while reserves and liquidity for maintaining balances in exchanges, bank accounts, and payment system accounts are formed in full. I learnt something really new today, haven't heard of Light cap before now, just soft and hard cap, and with this break down I think the competence level of the team is quite clear and what they intend to achieve is realizable since the Light cap is around $3m, i don't think successful implementation won't take effect
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I thought that all these projects related to renewable energy sources are already in the past, because the right time has not yet come for this, but it seems that I am mistaken, because you collected most of the funded fees
There is no better time for projects that deal with renewable energy (even though burning waste is not directly a renewable energy) than today. Projects like 4New are really tackling important problems: Waste-treatment and electrical power supply. So I wouldn't say at all that the right time hasn't come yet. The bottom line here is Energy, when is the right time to have the right type of energy? I doubt if there is ever any right or wrong time, we are talking about what really affects us as a people and our every activities
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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 Of course, I forgot to mention that. the longer the stingminer is online, the higher the rewards Unfortunately, you can only run one Stingminer per IP address (otherwise it would not make sense) Well i think that's great with the per IP address thing, streamlining that will help with incessant or multiple mining per individual, i'm not conversant with the tech part but i feel like if that's not the case, the entire process will be like much on the bitfence machinery, hope i'm not mistaken though but that's just how i feel Nice to hear about the one miner per IP address - this should prevent people from abusing the system with multiple nodes I remembered I said something about this sometimes ago and I'm glad Bitfence took it serious cos we don't want an abuse to the system, we don't want a situation where one person gets the reward meant for 10 people
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Just really hoping sales reward the team for such a strong media showing these guys had such an insane push from even before their bitcointalk thread opened I saw it on Reddit and twitter before even bitcointalk which is an impressive feat to get people talking so early
I saw it everywhere, on whatsapp, telegram discussion room, had someone who happens to be my boss, pm me about the airdrop activity, it was there I knew this project will make waves truly
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your soft cap is very high. $ 5 million, right? Tell me, what happens if you do not reach it? does the team have a plan for this?
I thought it was $25m for the softcap? $25m softcap?? Wow! That's pretty huge, I think they have an ambitious target and very high goals, $25m maybe indeed what they need for thorough execution, I hope they achieve it
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Interesting read and also establishes the mission of Vanig as one project that's going to push boundaries in Innovation through the integration of supply chain and e-commerce by leveraging the latest in blockchain which is what I can read here so far
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I’m pretty sure they are working hard to build trust with the community and doing a solid job that’s why they have had such a good media and telegram team working to get news out steadily and consistently to investors as often as possible
Investors don't like been kept in the dark. They love been carried along through what ever means necessary. I think the team understands this and thus decided to put it into practice Yep it takes a quality team to realize just how important the little things are to a successful proj ct the communication channels have gotten projects very far and the groups that discover that from early on have the most success You know I was watching an interview section the other time and some top individuals where told to give their take on some aspects of ico and some things they don't like probably. one gave this particular reason of teams not carrying their community members along I know of an ICO project that gave the community all the attention and didn't execute the project much later upon reaching hardcap, I'm actually looking at a situation where after mvp and prototype, the actual project execution is being carried, that will give me as an investor more confidence for my investment
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Public Pre-ICO:: from 15.05.2018 to 15.06.2018 Main ICO: from 01.09.2018 to 25.09.2018
CRYPTOCEAN base token: CRON Nominal cost of CRON token: $0,01 Total quantity of emitted tokens: 10 000 000 000
How much bonus or discount Public Pre-ICO dev ?
From 30% to 18 % bonus Bonus plans aren't that bad and are quite attractive too, I think the stages where subdivided due to the amount of coin to be sold, I like this plan super solid, kudos Erik
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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. On the mention of bank and regulations it hit my consciousness to know how crypto ocean are dealing with regulations... What is crypto ocean compliance to regulation moves?
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Very interesting article, i'd advice everyone else to take a read, it gave a review about SuperBloom and what it stands to achieve in the blockchain, this is a project for all any time It is mentioned that in case the ico did not hit its softcap you usually get nothing. How is that addressed with Superbloom? I understand they investigate any ico to come on board thoroughly is that the treat? I think this is a big and disturbing issue, Superbloom should do well to vet and ensure that whatever project they are taking on their ICO is capable of completing them, just like Superbloom had gone to establish its credence with sec, this shouldn't be overlooked Lol.. Superbloom will be able to vet and promote authentic ico but i don't think they can read the minds of investors and know which ico they will invest more in. The ico reaching its softcap doesn't depend on superbloom vetting the ico but on the investors. I understand where you're coming from but I'm also of the opinion that project reaching its soft cap depends to a large extent on the team themselves too like ensuring the project team has done its homework before coming out on ICO not come out and they have issues much later, I wish you can understand where I'm coming from also
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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 OK cool to know bug 2fa shouldn't be that complex and it should be able to run in both Google Authenticator and Authy, they shouldn't do just Google authenticator because a lot of peeps using the service always end up regretting when they loose their device
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Just 8 hours left for the 15% bonus. Will the bonus get decreased or will the bonus be gone ? I once could invest in a project very early with a high bonus, but i didn't. I regret it now.
I know the feeling, in the beginning it is often not sure if you should invest, think too long and then the bonus is gone. I've had that many times, but I did not think about Bitfence for very long and invested pretty early. I think it was a good decision Bitfence shows every sign of a long term investment plan, it's not a short term thing or a PnD token, if you ain't a dedicated holder you may missd out on the potential growth value of the project
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it's very important that unsold tokens are burned, not doing so just brings risks with it
Risk of which the investors share equal or even more of the ratio. However, I think this has been talked about before and burning was the conclusion of it. Yes, I also heard that they will burn unsold tokens. This is really needed if you want to growth of tokens. As far as i know they have also burned a lot of tokens right now and they have even raised the price per token from $2 to $4 for the 3 day sale. Where did you get this information from? There are still $ 2 / tokens left on the homepage, and I do not think they simply double the price for the 3-day sale. Maybe you are confusing something, because there are predictions that the token might be worth $ 4 after the tokenburn when it's listed on an exchange I think he got the information from the unofficial group where price speculation is allowed but unlike the main group no such increase has been established its still at 2$ per token even in the 3 days pre-listing If they are thinking about this i would advice them to desist from it. They should just leave the token price at $2 per token except they don't plan on achieving the hardcap. What do you mean, they don't plan on achieving the hardcap??? They certainly do.... I think it's very possible aswell considering how well the presale went Of course they want to reach their hardcap (or want to raise as much money as possible) because with the extra money they can buy/build more plants. But I don't think they will reach it. They raised 40 million in the whole sale so far and you expect them to raise another 30 in just 3 days? They have done a good job marketing and keeping up good progress; I think the hard cap is quite hard to reach or hit in 3 days however there is a chance for private investors to jump in with good money. We just wait and see. I think some private investors are already jumping in, lots of activities in the telegram group recently and also you'd know unsold token will be burned, reducing the TC In a way burning of tokens will be of more benefit to token holders but achieving the hardcap is more important because more funds will be raised for advancing the project. Raising hardcap seem like a no issue we've till June 3rd for the ICO to finish, so we've got a lot of time in our hands for that to be achieved
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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 Yes, i'm really curious too, the VP really made a strong statement about the team and that's the confidence the community has been seeking, the new partner coming on board is from a reputable ecommerce brand, so the excitement is really hitting the roof, a video and article will be released once the partnership has been authenticated My attention is glued to the telegram group as I want to be the early guys that sees this first lol, Vanig keeps getting interesting by the day, they really would do well IMO
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it's very important that unsold tokens are burned, not doing so just brings risks with it
Risk of which the investors share equal or even more of the ratio. However, I think this has been talked about before and burning was the conclusion of it. Yes, I also heard that they will burn unsold tokens. This is really needed if you want to growth of tokens. As far as i know they have also burned a lot of tokens right now and they have even raised the price per token from $2 to $4 for the 3 day sale. Where did you get this information from? There are still $ 2 / tokens left on the homepage, and I do not think they simply double the price for the 3-day sale. Maybe you are confusing something, because there are predictions that the token might be worth $ 4 after the tokenburn when it's listed on an exchange I think he got the information from the unofficial group where price speculation is allowed but unlike the main group no such increase has been established its still at 2$ per token even in the 3 days pre-listing If they are thinking about this i would advice them to desist from it. They should just leave the token price at $2 per token except they don't plan on achieving the hardcap. What do you mean, they don't plan on achieving the hardcap??? They certainly do.... I think it's very possible aswell considering how well the presale went Of course they want to reach their hardcap (or want to raise as much money as possible) because with the extra money they can buy/build more plants. But I don't think they will reach it. They raised 40 million in the whole sale so far and you expect them to raise another 30 in just 3 days? They have done a good job marketing and keeping up good progress; I think the hard cap is quite hard to reach or hit in 3 days however there is a chance for private investors to jump in with good money. We just wait and see. I think some private investors are already jumping in, lots of activities in the telegram group recently and also you'd know unsold token will be burned, reducing the TC
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If you want to protect just one computer, Bitfence will offer software firewall, but the BitRouter is a better solution since it can protect all computers and mobiles in the home or small office same time
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Very interesting article, i'd advice everyone else to take a read, it gave a review about SuperBloom and what it stands to achieve in the blockchain, this is a project for all any time It is mentioned that in case the ico did not hit its softcap you usually get nothing. How is that addressed with Superbloom? I understand they investigate any ico to come on board thoroughly is that the treat? I think this is a big and disturbing issue, Superbloom should do well to vet and ensure that whatever project they are taking on their ICO is capable of completing them, just like Superbloom had gone to establish its credence with sec, this shouldn't be overlooked
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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
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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
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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?
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