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Will you pay dividends to your token holders?
Not. This is a utility token . Investors can only profit from the rise in the price of the token What growth potential of the token price do you expect for the next 2-3 years? can investors get 100% profit? I bought tokens on pre-sale and if they close the hardcap, then by the end of the year I plan to get up to 100% profit from investing in Garnex |
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In 2020, you plan to mine $ 100 million worth of gold. Does this mean that the capitalization of your token will be $ 100 million?
Not. These are absolutely unrelated things. Garnex will mine gold every year, but they do not plan to conduct additional token issuance |
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How was your event yesterday in Singapore? Where can I see a photo report from this event?
You can find the photos in our Linkedin
I know that in Latin America there are many illegal mines where child labor is exploited. How will you deal with this?
By having mining companies prove and validate their processes on the blockchain, they cannot manipulate what they are doing. For artisanal/small scale miners, it will make it harder for them to sell their products (gold for example) if they can't show how and where the gold was extracted
In your opinion, will mining companies benefit from Karuschain?
Yes, that is one of our missions
Will you require mining companies to stop mining precious metals using chemical drilling?
Karuschain is a mining technology company (blockchain) & therefore we are more focused on that than the mining itself. Karuschain aims to assist mines with participating in more responsible mining & will align itself with mining companies striving to make more responsible decisions about all the systems used to mine metals.
Do you think that now nobody is observing environmental standards in the mining industry?
We don't think so
Does your project have ambassadors? I want to understand which famous people support your idea.
Yes, sure. One famous person that is an investor in our project is Herbert Sim - the Bitcoin man - you can read more about the partnership in the press release here: https://en.cryptonomist.ch/2019/12/06/bitcoin-blockchain-precious-metals/ Therefore, many mines will stop exploiting child labor. I believe that Karuschain will be able to cope with this global problem. Even if they continue to exploit child labor, this information will be entered on the blockchain and buyers will abandon the goods of this company. |
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Based from their website, their IEO date is yet to come. So that means, they are still in pre-IEO stage. And so, they can't give the details yet for their IEO stage.  But, I am interested how they will perform on their pre-IEO. Are they going to give figures on how much they will raise before their IEO in probit? Yes, I see that IEO still has a lot of time in preparation, and I also really hope that the achievement of the figures they get in pre-IEO, the nature of exposure will lead to the trust of members so that this will affect the eyes of other investors, seen publicly without being kept secret. is a project that the community is looking for and it is rarely found, hopefully this project is very transparent to the community The project has a narrow focus for the Asian market, but theoretically, SKYBIT investors can be residents of any country. The question is, when will investments in SKYBIT make a profit? It depends on many factors. Myanmar businessmen are interested in launching SKYBIT, but there is still a need to develop and test this platform hard work is needed to create it all, besides the SKYBIT project must also have extensive marketing especially marketing in their local area so that there will definitely be investors who glance, my advice they should master the marketing of fluctuations in their country of origin after they succeed in continuing marketing is general and global I think local sellers will use the SKYBIT platform. Entering the world market and offering the best prices will be much more difficult. |
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Hi analytics. What do you think is the maximum token price possible in the next 2 years?
Now it is almost impossible to predict the price of a token. The project has successfully conducted private sales, but much depends on IEO Judging by the roadmap, IEO was supposed to take place in Q4 2019. Why did you postpone IEO to 2020? The Garnex team successfully pre-sold in 2019 and is now preparing for the main token sale round. I saw that you raised $ 750,000. How many people took part in the pre-sale? |
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In my opinion, your project creates one of the most reliable assets at present. Users can always store their money in digital gold
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If I remember correctly, Herbert Sim has been investing and supporting your project for a long time. Yes, he drew attention to Karuschain a long time ago. I am sure that many crypto enthusiasts have studied the Karuschain project and may have already bought tokens |
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Will you produce green mining of precious metals or will you use chemical mining?
I think that now everyone is using chemical drilling of formations. This violates the ecology of soil and groundwater. I think that in the future, mining companies should switch to environmentally friendly drilling methods. |
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I hope that in the future you will add other popular cryptocurrencies, as transaction confirmation sometimes takes too much time
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#Translation Thread Campaign
Bitcointalk Username: btcmom
Bitcointalk Rank: newbie
Language: English
Thread Type: Other Kinds
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