According to the WP 10% will be held as a contingency reserve. Why so much (2.6kk USD) need to be spend on contingency reserve? Can you provide more details about this cost?
A high amount of funds needs to be saved as contingency, because legal costs in the US can rapidly balloon. This is something very typical with US corporations, just done for long term safety. dear qchain, please answer my question about KYC for bounty hunters, it was slightly higher in the topic. I think it's better to ask about it in the bounty topic. But, probably, someone from the team will answer here. |
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I generally like the project. In the first two blockchains - this makes the system stable. Even if in one of them overload, as happens with the ethereum , you can work anyway. In addition, new, decentralized systems with low commissions are really needed in this market
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I look at the fund-raising process and I want to say that the collection is very active.  I'll try to catch the bonus |
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I have a question. As I understand the project will work in the advertising industry. I just understood the technology. What are the advantages of the project compared to, for example, Google Adsense?
Hi filipe, To further address your question, we won't be looking to directly compete with Google AdSense. Starting a fight with Google is pretty suicidal. Instead, we will be more specialized, and be focused on native and sponsored advertising, since display ads are becoming anemic in terms of their conversion rate, and the advertising industry is increasingly looking at the effectiveness of native. Our Direct Buy Marketplace will hence be focused on native. Our product will really be able to help streamline the sales processes for advertisers and content publishers; we will be creating a singular interface for advertisers to look at the availability of native ad units, and content publishers to showcase and highlight their native availability. As such, we think this product will be quite appealing and fill a good niche. Thanks for the answer. The role of the host in the relationship between the advertiser and the site-publisher is also interesting. Google, performing intermediary services, takes a large percentage. In your system, the role of the host is to provide its capabilities to ensure that transactions are verified. Who can be a host? To do this, need I to have some kind of specific resource, as GPU/CPU in mining, or just install some software? I need to buy some tokens and hold them in my account? You won't need to mine. Our system will be somewhat like NEM's, with a couple tiers of hosts. Hosts will have to deploy code on servers, and we will incentivize hosts through their payouts from validating transactions between advertisers and publishers. The weight of hosts' verifications will be by the number of tokens they hold, and the length of time they've held the tokens for. Hello dev, Where can i find more detailed information about that the "The weight of hosts' verifications". Maybe there is somewhere a table of the ratio: "the number of tokens they hold, and the length of time they've held the tokens for"? There is an article about the hosts: https://medium.com/the-qchain-blog/a-technical-overview-of-our-direct-buy-advertising-applications-hosts-network-b668dbcf9df3Maybe it will help you. By the way, it says about the "tremendous computational and network bandwidth" that hosts should have |
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Who has already invested in the project, how did you take KYC, is it difficult?
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In general, the process of identifying a person - KYC is difficult? Or it is necessary to send only the passport. I recently sent documents for identification to the ICON project, they demanded to close the passport number, take a photo with a passport near the face, etc.
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70-80% of ICOs are trading below the ICO price. According to Vitalik, 90% of ICOs are not going to succeed.
There is a statistics on the ratio of successful and unsuccessful projects from early summer to now.  The situation is certainly bad. But most of the projects are now trying to sell their tokens without an idea and product. |
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I have a question. As I understand the project will work in the advertising industry. I just understood the technology. What are the advantages of the project compared to, for example, Google Adsense?
Hi filipe, To further address your question, we won't be looking to directly compete with Google AdSense. Starting a fight with Google is pretty suicidal. Instead, we will be more specialized, and be focused on native and sponsored advertising, since display ads are becoming anemic in terms of their conversion rate, and the advertising industry is increasingly looking at the effectiveness of native. Our Direct Buy Marketplace will hence be focused on native. Our product will really be able to help streamline the sales processes for advertisers and content publishers; we will be creating a singular interface for advertisers to look at the availability of native ad units, and content publishers to showcase and highlight their native availability. As such, we think this product will be quite appealing and fill a good niche. Thanks for the answer. The role of the host in the relationship between the advertiser and the site-publisher is also interesting. Google, performing intermediary services, takes a large percentage. In your system, the role of the host is to provide its capabilities to ensure that transactions are verified. Who can be a host? To do this, need I to have some kind of specific resource, as GPU/CPU in mining, or just install some software? I need to buy some tokens and hold them in my account? |
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Guys, i paid attention to the team and found the name Lon Wong there. Can someone explain how popular it is and what is its role in the Qchain project itself?
I know Lon Wong as a president of the NEM Foundation. On the QCHAIN site, he is listed as an advisor. Partnership with NEM, this is very important. This provides support from a very large and high-quality community. |
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I have a question. As I understand the project will work in the advertising industry. I just understood the technology. What are the advantages of the project compared to, for example, Google Adsense?
greetings! the answer to a similar question when it arose from me, I found in white paper on page 3: «For ad display on publishers' websites, Google AdSense, the current industry standard, deducts a hefty 25 - 40% of The Advertiser's payment for playing the role of The Host, with only 68% left for The Publisher.1 In the Qchain's case, we envision hosts taking a smaller cut, for example, 5 to 20% of the revenue (advertisers, publishers, and hosts) rates they will accept, and Qchain itself taking a small 1% interchange fee for facilitating the transaction. Publishers receive the entirety of the remaining payment.».I hope my answer will help to better understand this project. Thanks for the detailed answer. I think that to compete normally, the project will have to build its large system with sites and advertisers. The team will need to spend a lot of effort to attract a large number of participants to its system. And this number should be large, because there must be thematic platforms for thematic advertising. |
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In general, I liked the project, I'm just beginning to read about it, but at first glance everything is very structured and easy to understand. Particularly attractive is that the tokens will be launched in two blockchains. This will increase the stability of the system.
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I have a question. As I understand the project will work in the advertising industry. I just understood the technology. What are the advantages of the project compared to, for example, Google Adsense?
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I agree that this can not be called fraud from a technical point of view. These coins are no different from other coins. But from the moral point of view it is wrong. They make misunderstanding in groups of novice investors. Today there is ebtc, tomorrow it will be extraebtc gold. This is difficult to understand. Beginners who invest in them can lose money.
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LOL
ELIXIR is a legit and great project, this thread should be deleted. eBTC etc are also no scams, just erc20 tokens like als erc20 tokens.
Which product has eBTC ? What is this coin for? Only transaction speed? None, but that is not the criteria for being a scam or not. erc20 tokens itself can never be a scam. It can be useless/worthless but not a scam. You are right that these coins are worthless. But then why invest in them? On what basis we can hope for growth these coins because they are useless? Everyone who has some understanding of crypto knows that basically knows that most projects are shitcoins. But its fun trading shit coins. and no one should invest a serious share of own wealth into shitcoins. if you start calling those named projects a scam, you have to call most projects a scam. expecially ICOs. These airdrops are pretty legit as it is just based on free market and individuals finding a price. It seems like she just bet too much an a shitcoin and lost. I agree with you that the protocol itself is legal. People see in the coin an object for rapid speculation. Someone loses, someone earns. But this is already a real avalanche. Soon the alphabet will not have enough letters to name a new coin without repetitions. Why does the market need so many coins without an idea and product? |
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By the way, who knows what happened to the developer of the first E-coin, еBTC, Satoshi21. As I understand it, he left the team, but where? Did he give any comments?
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LOL
ELIXIR is a legit and great project, this thread should be deleted. eBTC etc are also no scams, just erc20 tokens like als erc20 tokens.
Which product has eBTC ? What is this coin for? Only transaction speed? None, but that is not the criteria for being a scam or not. erc20 tokens itself can never be a scam. It can be useless/worthless but not a scam. Only not in the case when the developer, having a large volume of his own coins, creates an agiotage, which would then quickly sell them on the exchange. This is not a scam in the case that the airdrop was for 100% coins in equal parts. But as far as I understand, there were wallets that have much more coins than ordinary members. |
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Always funny to read that someone invests in airdrop. Money to the wind  People buy more coins after the airdrop, later, on the exchange. I saw many people who bought the eBTC with the price 70 cents |
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LOL
ELIXIR is a legit and great project, this thread should be deleted. eBTC etc are also no scams, just erc20 tokens like als erc20 tokens.
Which product has eBTC ? What is this coin for? Only transaction speed? |
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