As you said earlier, that participant will be asked to fill KYC, for verification.
Is that also applied for any bounty campaign participant? since many people think that KYC isn't needed for bounty campaign participant.
If you do not plan to invest in a project, but only interested in bounty, you do not need to go through KYC. If you invest, you should understand that we plan to use your funds for the legal development of the project, and any bank will ask us for confirmation of the source of funds. In this way, KYC's request only further protects your investment and speaks of our serious approach to project implementation. I was about to say KYC for bounty participants might be a bit over the top, I'm glad the CryptOcean team do not require this information, KYC is only required for investors. Oh nice they've said that already? Seems to be a horrible trend lately of ICO's announcing KYC after the campaign finishes, knowing they won't have to pay a large percentage of people who don't want to do KYC. Yeah if you log in to the CryptoOcean ICO platform they are asking for KYC documents already, which is great. I do not understand why so many projects wait until after the ICO has ended to carry out their due diligence, because in effect they are allowing some people that might not have the proper documents to invest when in the end they just get refunded or potentially lose out. Yeah exactly man getting it sorted during will save a lot of time! It also looks like you get 500 tokens for free when you sign up as well which is nice! |
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YE I don’t think people realize they didn’t need to do the preloading sale they only doing it to make up for the fact they took away 3 days earlier in the sale so their giving people another chance for a few days to try to be fare to investors that missed out is what I’ve heard
True, Pre-listing sales isn't a necessity, i look at it as an opportunity to for both investors and potential investors to get more token. Token price is at 2 dollars, i learnt unsold tokens will be burnt and token price might increase upon listing. They did do a presale when the ICO was running. But yeah, this is only because the ICO was paused three days early for the implementation of the Occular KYC. Just over a week to go till the ICO starts up again! Exciting times. |
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From my understanding the process for miners to earn HNY token involves being able to capture hackers trying to hack Bitfence network and then share this threat with Bitfence, once Bitfence validates the threat with Bitfence risk scoring mechanism you get rewarded. The whole process looks like fun i'll be sure to partake in this.
I generally do not mine nor am I comfortable with it though but owing the way the mining operation of Bitfence has been structured and with the fact that energy consumption will be minimal, this is where I do love to start mining BitFence mining system is totally different from the once I've encountered. It basically doesn't need much from you, all you've got to do is to join Bitfence network with your honeypot in place and once a hacker comes knocking you share this threat and you're done. Yeah, I feel like the word 'mining' might have been an oversight from the marketing/dev team, it seems to be causing alot of confusion. Perhaps something like 'staking' or 'forging' would have been a better choice, as essentially the StingMiner functions much like a Masternode. It sits in your network and you get paid for uptime, and fingerprints of hackers successfully reported back to the network, there is no block solving going on, so it is the typical mining everyone expects. |
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How much is the 500000 BTW worth in USD? I can calculate with the current market prices in that exchange, but I'm asking about the ICO prices. I mean, is it equivalent to having bought how many USD work of tokens?
ICO price was $0.12 so if you intend purchasing 500,000 BTW that should be $60,000. I don't know the current market price as they recently got listed on Coss, however i expect the price to be higher than ICO price hopefully given their proposed features and recent partnerships. Wow that's a substantial giveaway.. Have they said what the rules are yet? IE is it the top 10 traders or something? |
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Not that I’m aware of but could be wrong I know they have a really strong social team with a lot of updates so might be part of the reason constantly updating teams have more chance of a big following
Social media is a huge thing for these kind of new projects that need to do the correct marketing and advertising in order to get the funds required for a successful project Yes, when you want to make successfull crowdsale to need to be in constant contact with people. Social activity is the most important criterion for such kind of pojects. It's a pity that not every one understand this properly. Yeah that's true and Vanig have a really good online/social media presence. They post a lot of content and their team members, developers and VP's are very active online including their telegram channel. True, i can attest to this. Their social media outlets are always buzzing with activities, whenever i come across a project their social media presence is among the factors i consider before investing. I'm impressed with Vanig team and i feel comfortable investing in this project. On the subject of Buzzing, I cannot wait to see the MVP, it should be either this week or next from what i've heard.. If it looks as good as the screenshot they posted on Medium, it's going to be a fantastic platform. |
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With this the demand of those tokens will rise very high and a lot of people would like to buy it which will also increase the price per token.
No doubt seed tokens will be one of the most sought after token once superbloom platform fully launches. I myself can't wait for that period. The fantastic thing is that you are considered a 'member' if you hold even only 1 token. The higher tiers just provide larger rewards, so it's accessible to everyone. That is awesome, it means Superbloom is inclusive for all levels of investors, and if they make enough money for you, you can upgrade your membership by holding more SEED tokens and therefore have access to better benefits. Yeah, that was my plan, use my ICO rewards to get myself into the 10k+ SEED bracket for the 0% trading fees |
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As you said earlier, that participant will be asked to fill KYC, for verification.
Is that also applied for any bounty campaign participant? since many people think that KYC isn't needed for bounty campaign participant.
If you do not plan to invest in a project, but only interested in bounty, you do not need to go through KYC. If you invest, you should understand that we plan to use your funds for the legal development of the project, and any bank will ask us for confirmation of the source of funds. In this way, KYC's request only further protects your investment and speaks of our serious approach to project implementation. I was about to say KYC for bounty participants might be a bit over the top, I'm glad the CryptOcean team do not require this information, KYC is only required for investors. Oh nice they've said that already? Seems to be a horrible trend lately of ICO's announcing KYC after the campaign finishes, knowing they won't have to pay a large percentage of people who don't want to do KYC. |
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If we are not participated in ICO but joined airdrop. And if we are holding SEED tokens on their platform, so in that case they will consider us as a SEED members?
Yes... It's stated on the whitepaper that for one to become a member, you must hold seed token on the superbloom platform. And u can't get airdrop if you are not a member of superbloom platform. That you mean to say to get airdrop rewards also we have to be register on their platform and after that they will be consider us as a SEED members? Yes, you have to register on their website and hold SEED tokens on their platform in order to be eligible to receive free airdrop tokens. With this the demand of those tokens will rise very high and a lot of people would like to buy it which will also increase the price per token. No doubt seed tokens will be one of the most sought after token once superbloom platform fully launches. I myself can't wait for that period. The fantastic thing is that you are considered a 'member' if you hold even only 1 token. The higher tiers just provide larger rewards, so it's accessible to everyone. |
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We have just published a wrap-up post for the month of may do check it out to know everything that's being going down at vanig! The title should be "What a May We Had!" ... Slight grammatical error on the title but the rest of the article was a good read, I like how Vanig really take their communications seriously and they want to make sure their investors are kept updated on all developments. Can't wait for the MVP release!! It would interesting to get the feedback their partners gave on the current version of the system. I was informed that there are early members checking it out. Any feedback on that experience as of yet? I don't think there is of yet because am yet to see/come across any. I believe the team will make a post of the when they are ready for public release. For now, we wait. That's right, we will publish an update discussing the feedback and further developments for the MVP in near future. In the meantime, we have this video update from Brett Brodbeck our VP Investor Relations https://www.youtube.com/watch?v=kVbdrpt4WWYThanks for this video. I've seen a few more MVP screenshots. And what does he tell? there will be more videos about the progress of the platform in the future? With more detailed information about the MVP? Great! Great video and he is promising more video updates from now on and on a regular basis. This kind of vital communication with the community is essential. Other projects should take Vanig as an example when it comes to that. Do you know that the vice president of vanig was online live at the telegram group chat attending to users questions. I think that was super cool and a powerful step by vanig. Yeah, I was among those who engaged him, professional to the core and was very interesting to interact with, I ask him about the plans for extension of the project reach to regions like Africa and he gave a good reply of having that already as a plan and how they intend to achieve it also.... Looking forward to more of him What was his answer? Im interested to see what he said. Do you know if anyone recorded the Questions and Answers Q&A style in an article or anything? |
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This is good summary of the overall Bitwatt activity during the last several months. Upcoming BlockShow in Europe also will be the important event for spreading of information about the project. Good luck Bitwatt! So their next conference will be in Berlin at the end of this month. Maybe they'll meet other project representatives there and preferably can already arrange new partnerships. More partnership for the project means more success for the project as well, I would like to encourage that they do things like this every now and then to keep the community really motivated and the faith really high I love this.. A run down of the whole project and it's progress. And it was interesting to see that they are fast approaching the 30 million usd hardcap. The conference would really boost up their presence especially if the conference in a specialized one. I think are also a keynote speaker which will make their presence more dominant. Always builds my confidence when I see projects actively attending as many blockchain events as they can. Great partnership and marketing opportunities. |
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The goal for Stage 1 is 2000 Ethereum right ? What will happen if they don't reach that ? Will they just continue with Stage 2, because the hardcap is more than 2000 ETH.
I'm fairly certain that Bitfence will continue with Stage 2 of their token sale, they might even extend the token sale or reduce their hard cap total if they feel like they can set a more realistic target. I think problem is with the gap between softcap and hardcap. People might be thinking , Ifroject can start with small amount then why they need this big money. In my opinion, BitFence should change this hardcap. Well, I think it's a good thing - soft cap is nice and low so the project will go ahead no matter what; shows they have a good ambition. I'm not fussed about the big hard cap, the more money they have the easier it will be to deploy and get the project to the next stage Yeah Bitfence's hard cap in USD is $50,000,000 this is a very high figure and it is a lot higher than the soft cap of $3,000,000. It's nice to have big goals but I think the team needs to be realistic, I would revise the hard cap total and maybe lower it to a more achievable figure. If they said goal is 2000 ETH then how they will calculate this softcap amount. Because of ETH price is not a stable. Today it is hit low 575. Then how they will decide it their 3,000,000 amount USD? I agree with you, i think they should just stick to the hardcap based on ethet or rather use a fixed eth value to calculate the hardcap. I think they must have made their estimates based on a lower ETH price so that even the fluctuations in price will not affect them. Just my thought though. I Mean some other projects do similar statement of hardcap on ETH and they survive. So there must be a way round it. Agree. But how estimated price. I mean if $ 3,000,000 they need for soft cap as we know ETH continuously falling then how they will reach their target? I mean if ETH hit again 500$ then how they will calculate amount with 2000 ETH goals? I was already irritated from the beginning that they specify soft- and hardcap in Fiat, but everywhere else only ETH specify. We should really discuss this once in the telegram channel with the devs I believe they have the price of ETH pegged to 1 ETH = $600 USD hence why it is still 1 ETH = 6000 HNY tokens. |
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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. I wouldn't want to invest in a ICO who is not burning their tokens or destroying it. You cannot just give them out for free. I would probably agree with a extension of the sale if there are some unsold tokens, but never with not burning the tokens. You might not necessarily know during the beginning of the ico. Most times it all comes towards the ending of the sales especially when it is becoming obvious that all token can't be sold off. Agreed, you won't know, probably that's why some individuals tend to like wait for the project to hit like a certain point before investing, all the same, we are not stressing about that but encouraging the team to do what needs to be done to keep this project going, it has been a long good journey and glad to see that is almost coming to an end From day 1 it's always been agreed that they would be burning them, it is a ERC-20 contract so they could have just setup the TGE so that it only creates tokens when bought, this means there would be no need for a burn. (As an example of why an ICO wouldn't hold a burn event) |
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Been going through the whitepaper. I think the interesting bit is the cards options. It is not really easily accessible as of now; I've only seen the card/ATM option in Canada, I have heard it is also available in the UK but generally speaking I think this is an area where we could really use accessible options.
yeah, id love to see a Card option available in the UK purely for the convenience it would bring. |
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have you already seen who is in the Superbloom team as an advisor? Guy & Galia Benartzi, co-founders of Bancor
So much better advisors you can not choose :-)
Wow, I am glad to hear that. I know that Bancor. It's very successful project. And now those people are working here as a adviser. I saw this and it’s part of what got me excited bancor was a huge success having hem advisors can hopefully make this project also a big one as they guide the team around pitfalls they have seen before Awesome! Great to see they are using the expertise of established projects to build on their foundation. |
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good to see, there is a lot of good communication on their telegram-channel https://t.me/vanigplatformIt looks like a good community is forming there I was able to get answers pretty quickly; I have just asked if they will host an AMA any time soon; I think it will be really effective for the project at this stage especially to address the questions flying around. Unlimited question answering is happening there. Vanig admin/Team looks like much active on telegram channel. I mean they are replying quickly to user's questions/queries. The way Vanig's Telegram support is different is in the way how answers to all kinds of questions are provided, Vanig really stands out in customer support Absolutely right, i was opportune to be around when the VP came online and was answering questions thrown at him, that's pretty awesome as that will give the community the feeling that they are part of the project, their admins are also on ground to give succinct answers to questions, i like that in a project Oh man the VP was online, I totally missed that.. Do you if/when they'll be on again? |
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Amazing article i did not know that Bittwatt had raised $10.8 million USD in 5 days for their first phase amazing article i would recommend to read it. That’s a lot of money in a very short period it gives me. Lot of hope for the project having a huge demand like that in such a short period gives me a lot of hope they will be able to drive demand throughout Wow that is an insane amount of money in a short time.. Proves there's alot of people behind the project who believe in it. |
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The goal for Stage 1 is 2000 Ethereum right ? What will happen if they don't reach that ? Will they just continue with Stage 2, because the hardcap is more than 2000 ETH.
I'm fairly certain that Bitfence will continue with Stage 2 of their token sale, they might even extend the token sale or reduce their hard cap total if they feel like they can set a more realistic target. I think problem is with the gap between softcap and hardcap. People might be thinking , Ifroject can start with small amount then why they need this big money. In my opinion, BitFence should change this hardcap. Well, I think it's a good thing - soft cap is nice and low so the project will go ahead no matter what; shows they have a good ambition. I'm not fussed about the big hard cap, the more money they have the easier it will be to deploy and get the project to the next stage Yeah Bitfence's hard cap in USD is $50,000,000 this is a very high figure and it is a lot higher than the soft cap of $3,000,000. It's nice to have big goals but I think the team needs to be realistic, I would revise the hard cap total and maybe lower it to a more achievable figure. If they said goal is 2000 ETH then how they will calculate this softcap amount. Because of ETH price is not a stable. Today it is hit low 575. Then how they will decide it their 3,000,000 amount USD? I agree with you, i think they should just stick to the hardcap based on ethet or rather use a fixed eth value to calculate the hardcap. I think they must have made their estimates based on a lower ETH price so that even the fluctuations in price will not affect them. Just my thought though. I Mean some other projects do similar statement of hardcap on ETH and they survive. So there must be a way round it. Agree. But how estimated price. I mean if $ 3,000,000 they need for soft cap as we know ETH continuously falling then how they will reach their target? I mean if ETH hit again 500$ then how they will calculate amount with 2000 ETH goals? Those types of questions are probably better aimed at the team then speculation on the ANN. It might be worth asking in Telegram. |
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Did anybody notice the number of pages we are in? and the number of posts? We have crossed 300 pages here and 6000 comments. Its huge. Not many projects go like this..
I was about to say this. You posted it first. Its really good and happy to see such response for 4NEW. Still some days to go for pre-listing sales and listing. Do we see 350 pages and 7500 messages here? I remember the first days of 4New, I must say 4New developed a lot since then, as has the amount of pages of this topic Yeah, it is really impressive. It is happened because 4 New have lots of topics to discuss here. I guess after end of ICO also lot of discussion will be continue here. I like to think of them as evolving with the community and with the times. BTC mining was a community suggested idea, originally it was just going to be selling to the grid. |
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We have just published a wrap-up post for the month of may do check it out to know everything that's being going down at vanig! The title should be "What a May We Had!" ... Slight grammatical error on the title but the rest of the article was a good read, I like how Vanig really take their communications seriously and they want to make sure their investors are kept updated on all developments. Can't wait for the MVP release!! It would interesting to get the feedback their partners gave on the current version of the system. I was informed that there are early members checking it out. Any feedback on that experience as of yet? I don't think there is of yet because am yet to see/come across any. I believe the team will make a post of the when they are ready for public release. For now, we wait. yeah, it's refreshing to see constant updates from the team across all platforms including telegram. Especially when they are away at conferences etc! |
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If we are not participated in ICO but joined airdrop. And if we are holding SEED tokens on their platform, so in that case they will consider us as a SEED members?
I can't remember the procedure in joining the airdrop, but if it requires registering on Superbloom platform i think one can say individuals who enrolled for airdrop can be considered as Superbloom members, just my opinion tho. You don't have to participate in the ICO to become a SEED member (as far as I know). Otherwise, it would make no sense for someone who missed the ICO to buy the tokens at an exchange. I think the only requirement to become a SEED member is to be in possession of the tokens, which does not have to come from the ICO if I am not mistaken I think you are right. As long as you hold any amount of the seed token you are automatically regarded as a member and you are exclusive to some special services And with a minimum of 1 token, there isn't really any excused for not being a member lol |
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