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We do not currently have the allocation of funds on a per function developed. That is something we will be working on in the near future.
We are currently testing a couple of different methods for our blockchain, to make sure we have the highest performance system available. We are also developing a more complete investor deck, and have some changes coming to the website to increase the ability of everyone to understand what we are trying to do, since our story is not as clear as it should be.
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interesting project with a nice/solid website. Any plans on adding the token/coin to future exchanges etc for trading.good luck
Thank you for the compliments! We are designing the core of our system to include a built in exchange, and we will be willing to work with any exchanges that want to add us. |
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Significant Update The white paper is nearly done. We have been working hard to get the white paper entirely finalized so that we can then finalize our roadmap and start marketing properly. We have successfully brought a Marketing Director on Board, built a marketing plan, and are doing a little rebranding. Apparently our logo needed a bit of work.  We have a new project management system (Jira and Confluence by Atlassian), and we are moving our git repositories to Github, off of GitLab, to facilitate a more open, and consistent development process. Bounties are still being worked on, this will happen a bit more quickly as soon as we finalize the white paper. Once we finish developing some content, we will have a more consistent social media presence. This should be completed in the next few days. Thank you for all of the support!
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Who is your business or individual?
Don't Panic Consulting ( https://dontpanic.consulting) is the business behind the project. After the Pre-Sale, it will transition to it's own company, AO Cyber Systems. |
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Any updates?
We found a Marketing Director, and are currently working on getting out a buyer's packet, and a traditional Venture Capital investors packet. We are also working on developing our board of advisors. We will release more details when we have things solidified. Justin D. |
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if needed, can you provide document like WP or official Website which you want to translation for me? i will consider first  Thank you! We will keep you in mind as soon as the website is setup for translations. We are working on getting it ready to be localized. |
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A good blockchain AO system for business, inventory, and banking transactions, when will this system start?
We plan on having a beta launched in the next couple of months, for an ICO to launch in May, with a fully functional platform at the end of the ICO. |
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UpdatesHello all! We are building out some details while we wait to onboard a marketing director. We are looking at the website and trying to find places we can make more clear, and allow our vision to be brought more into focus. If anyone has any recommendations or suggestions, please let us know. Bounty program is being developed, which will include everything from translations of this ANN, to translations of knowledge base articles once we have them written, to a classic signature campaign. We are finalizing our work on our subreddit as well, so we have all of our community bases covered. That is available already at /r/AOBlockchain. We have our ANN posted there as of right now. There are a lot of things in progress, and we will be rolling out new pieces hopefully on a daily basis. Maybe even a glimpse at the admin interface for blockchain nodes will be coming in the next week...  Justin D.
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do you have a one pager project description?
We do not yet, that will be one of the first things our new marketing director is going to be working on. reserved for vietnamese translate  Awesome! We will be releasing bounties soon. I'm really interested in your p2p loans market! How are you going to match users? And will you desintegrate the assets to simplify the process?
User matching is still being researched. When it comes to loans, all loans will have secured and unsecured modes, with the secured mode based on the amount of assets in the person taking out the loan's account. People asking for funding will be matched to funders by the amount of risk the person asking for funding, and the person providing funding is willing to take, as well as a verification level both parties are willing to work with. More details are forthcoming. |
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So if I got it right, you can provide any blockchsin-based solutions for your clients?
We provide both blockchain based solutions, and are building a public blockchain for anyone, businesses, individuals, banks, investors, etc. to use, yes. |
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So when the main ICO will start? If you are going to do the beta first, it may take a lot of time. Do you have enough developers for it?
The target date for the ICO is for the month of May. The systems we have in place for development will help us speed through early stages of development. This is of course a tentative date. If we need more time to build the core of the system, we will take more time. |
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is this coin mineable?
Would also like to know this is this coin mineable?
No, it is not mineable. You can forge it however. There is a need for 101 delegates to maintain the blockchain. Please, can you post the links to press release or other articles about your activity?
https://blockonomi.com/ao-blockchain-ico/"Don't panic consulting" is the parent company of the project?
For the moment, yes. Once we get through the Pre-Sale, this project will be incorporated on it's own. What about your coin, will it a be an utility token?
Yes, it is a utility token. The AOCoin itself's primary uses will be as payment to process transactions, become a delegate, process votes, etc. This project is promissing, although it shows that there's a lot to do before the ICO. Here's an advice: why don't you make a comprehensive video or maybe an interview with the CEO to explain the main idea of the project and it's advantages!
This is a great idea, and something we are considering. |
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There is a lot of information on the project, still trying to figure it out. But it's very solid! I like the way you want to make a new better version of Blockchain that fits the today's needs!
This is exactly what we are trying to do. |
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Of course your project has a universal idea with a wide range of possibilities, but as you can see, there is not enough advertising. To promote your project on the Internet, you need a bounty company.
great project , do you offer any bounty program ?
We are working on a bounty program, It is definitely something we want to get rolling soon. What will be the first product from the system to be launched?
The Core of the system will be launched in a Pre-Alpha, this is the consensus and delegation portions of the system. Shortly following that will be the currency and asset parts of the system (we operate in 2 week sprints). These two releases will be API only releases, no wallet. Wallet will be released for the ICO Beta. |
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Where are you from? I though you can't make an ICO in USA, or there are some loopholes?
We are all from the US. There are a couple of ways to do it, you just need to follow specific guidelines based on what you are trying to achieve. The biggest part of it in the US is following SEC guidelines, and paying the IRS it's taxes. As a utility token, we pay income tax on all profits after expenses in the first year. |
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What experience do you have in this field??
2 years ago, we helped successfully launch the RISE project. Quite a bit prior to that, I built mining tools for Litecoin based GPU minors. |
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I'd like to join the referral! In what currency you are going to pay the bonus?
The bonus will be paid in AOCoin. I see that your team has increased a little, it pleases.
you have a very powerful project and to start it properly - you need a good staff and advertising.
Without this, unfortunately, you will develop it for a long time.
I absolutely agree, which is why I am currently spending so much time right now looking for someone to manage our marketing. It is important enough to bring on from as close to the beginning as possible. |
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Who is you target audience, business or individuals?
Ideally, Both. The smart contracts, exchange, identity, and future banking systems are all viable for individuals to use and manage their own financial health / wealth. Add the assets to it, and an ERP system that connects up to contracts, exchange, identity, and assets, and you have a system that can securely manage a business' transnational history, and facilitate the rapid production of reporting for various compliance and regulatory requires, and/or yearly shareholder reports. Blockonomi did a pretty good write-up on us this morning. https://blockonomi.com/ao-blockchain-ico/ |
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