Superbloom vetting projects before they come out as an ICO saves a lot of energy, time and manpower, if you know what it takes to get real project out there you will appreciate Superbloom real fast
That's some real task superbloom are planning on taking up and i tell you that this won't be easy. I must say that their criteria for choosing an ico must be 100% accurate because if anything goes wrong and that ico turns out to be a fraud. Superbloom will pay for sure. So you are saying there is some sort of insurance covering holders of SEED token?? because if it's so then I think superbloom reduces both risk associated with buying ICO and also ensures safety to the optimum as well I wouldn't say insurance because i do not see where superbloom will compensate users if one of their predicted and vetted to successfully and not scam ico actually turns out to be a scam. I think what Gee777 is trying to say is if Superbloom intends to vet upcoming ICO's before they get lunched they have to carry out the vetting process very well to avoid acknowledging a project which later turns out to be a scam. I have seen projects every one thought was legit and turned out to be scam, something of this sort will damage Superbloom credibility. I hope their vetting process contains all necessary questions. if you check the whitepaper they go through what they'll be doing to ensure this doesn't happen, including meeting with the entire team of a new project.
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. with 9 days left and the status bar almost closing i don't think there would be any token available for burning however i can't find information on total supply and intending circulating supply, kindly help out thank you Hey Nathan, This isn't an official site and is a third party ico review site, so please take it with a pinch of salt but heres the link below: https://icobench.com/ico/bittwatt/ratingsThank you jamzz for the link however i didn't get the information i was looking for which is the Total Supply and Circulating supply, it's the soft and hard caps that was mentioned there, anyone with the information, or is the information regarding supply on hold at the moment? Here is the whole information about token supply from whitepaper: The BWT initial supply is 338.6 million tokens. These are split into six categories: • 254,000,000 tokens are sold during the ICO; (75%) • 33,800,000 tokens are reserved for the team; (10%) • 16,900,000 tokens are reserved for advisors; (5%) • 16,900,000 tokens are reserved for country advisors; (5%) • 8,500,000 tokens are reserved as bounty; (2.5%) • 8,500,000 tokens are reserved for country-level marketing; (2.5%) This is quite a fair categorization of the tokens, thanks for the overview Pretty generous bounty and marketing allocations, hopefully it's getting the word out about the project
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply? This is pretty standard for alot of ERC-20 tokens. The contract generate them on purchase upto the maximum supply.
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I must confess that I already had that thought. Since the hurricane there is a lot of garbage to burn. I did not want to mention it, since I do not think it's right to benefit from the suffering of others. But actually they are also helped, because the waste is rapidly becoming less and less. I hope the population can benefit as well Its sad actually what happened but we just have to move on with life but looking at the bright side 4new will help in cleaning the environment that is one of the major advantages i know with 4new. I think part of the main reason 4NEW decided to have a plant in Puerto Rico is to help reduce waste because when I had a view of Puerto Rico from my television set the hurricane effect really did look bad so I believe it's not all about business for 4NEW as they intend to help Puerto Rico get better. it probably helps that Cryptos are tax free in Puerto Rico as well haha
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The Telegram admins are going to be relaying any info from the Consensus event to us as soon as they hear, really recommend everyone who isn't already a member to join their channel: Official Telegram Community For Vanig.io Description https://t.me/vanigplatformI cant wait for the announcement to be made, this gives a good indication which direction the project is tuned to, I will keep an eye out for the pinned posts in https://t.me/vanigplatformReally good to hear that. It seems like I am not the only one who is eagerly waiting what news the Consensus event brought for Vanig. yeah, there's a whole bunch of people in telegram waiting as well haha
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If I buy the token now, per token will cost me 0.12 USD. What could be the price after listing? I have seen some message which says BittWatt token will trade in 3 digits by 2022. Is this possible?
let me have a look in my glass orb Noone can tell you the value of the token in the future, if you think the price will drop after listing on exchange, you can place low valued buy orders to get some cheap tokens, BittWatt however looks quite promising and I doubt the price will go much lower than the first buy offers that will be placed on the exchange haha, yeah we'd all be millionaires if we could tell the after ICO price of coins Look at it this way, they're making huge progress with the partnerships they are establishing, however lets be realistic, 3 digits is a long way off if you mean it'll be in the hundreds.
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Nice write up; I specifically liked the rewarding system they have in place. The more you hodl the better the rewards. A smart way to increase value more people would want to hodl lol. That's the fact, the benefits of the project is enormous, when you look at it critically, you will understand that is like a one way ticket to unending means of several cryptocurrencies and for the fact that they will also integrate the trading platform is also a bonus for holders, imagine having several tokens and trading at same time I think holding the 'premium' 100k+ tokens is where you'd see the real benefits from it, getting 20% of the value of your tokens of every ICO that lists on there is massive. 100k SEED would be really great, but I'm afraid that's beyond my financial resources. I have not found any information yet on how much the 100K tokens would cost, do you have an idea? I found on their website that "SEED tokens are set at $0.10 during our 2018 pre-sale." so i would say 100k Tokens would be around $10.000 USD. Thank you for the information. I must have been blind, could not find this number :-) But I expected about this amount, 10k $ are really a lot of money. As another has mentioned, a bounty campaign would be great, I would certainly do some for tokens 10k USD is huge money, I was thinking I can get good services at low price. But looks like it's not like that. I hope they reduced the requirements so that people with low budget like me can join. 100k is for the TOP level of their investors. You can still get ICO tokens from holding 10k tokens on their platform. Infact, you get ICO rewards if you hold 1 token lol
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. with 9 days left and the status bar almost closing i don't think there would be any token available for burning however i can't find information on total supply and intending circulating supply, kindly help out thank you If no token is available for burning. it's mean the hardcap is reached. right? this project is good enough. Many of people are interested to join of the project. If there are any unsold tokens and the project has stated that unsold tokens will be burned, yes it means there are no unsold tokens if hard-cap is reached, which is in itself a nice achievement The total token supply is 400m tokens. You can find all of the supply information etc in the Whitepaper, here: https://www.bittwatt.com/static/files/Bittwatt-Whitepaper-EN.pdf
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I came to know about this project from social media platform. And I have checked whitepaper and some videos about 4NEW and now I am going through the discussion on this thread. It seems that I found this project late, but I still have chance to participate in pre-listing token sale. Since they already have two power plants and trying to crack a new deal I think it will be still good decision to buy the token at 2 USD?
From my own perception and view of things they are doing the right thing already, putting in place before hand what they intend on achieving, buying at 2$ now seems to me as a smart decision, I mean it could go up or down but the long term growth of it is both certain and my focus I am agreeing with more than 100%. 4NEW is really long term story. You cannot construct or buy power plant and utilize the tokens almost immediately. It takes time. Honestly project team is moving faster than expected or even their own roadmaps. I understand the risk also. I am also worried that bounty hunters will dump the tokens and it will affect the price. But I don't expect it to go down below ICO price. What I will do is, I will invest half amount now and will invest half after listing. If you have done your own research and decided to buy the tokens then go ahead. I also see good future for 4new as the team is working very hard and achieving goals before time. 50/50 is a good plan in my opinion, there's always a risk factor that it'll be lower than the ICO price when it hits an exchange, but with what the team have lined up, I honestly don't see it being that way.
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I have overlooked it on the homepage so far, but for the mining there will be a separate app for windows / mac / linux. I guess it just runs in the background and while you do other things, you can mine tokens. cool
You may have missed this also then: https://patents.justia.com/inventor/vladimir-tereshkovThey are in the process of registering four different patents
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Very pleased that on the platform Superbloom all digital assets are safe in an insured, autonomous cold storage, until you leave or transfer them.
I want to believe you are trying to say they are safe in a SECURED autonomous cold storage. That's a cool feature though and we all know that safety is what we all love cause it gives us peace of mind. No what I think he is saying is that they are stored in an insured (as in Insurrance), autonomous cold storage, until you leave it transfer them It's still early days for me with this suoerbloom project. So, Here I understood that our token will be secure and safe, but how they are going to do it is not clear for me. I think they mean their platform will be safe and secured and also investors will not be allowed to invest in scam ico as well as alll the possible vetting will be done on a project project before considering it safe to invest. yeah that's what i think they meant and also the insured part i think what they are saying is that digital asset are insured which means one can get a good percentage of their asset when things go side ways. Perhaps 'if' things go sideways would be a better way of putting it, otherwise that sounds like they're going to fail lol
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The Telegram admins are going to be relaying any info from the Consensus event to us as soon as they hear, really recommend everyone who isn't already a member to join their channel: Official Telegram Community For Vanig.io Description https://t.me/vanigplatform
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is there any chance of being on major exchanges such as Bittrex? and how much tokens already raised?
I'm sure the team have ambitions on this like most projects no doubt do but it's likely at the start that they wont. These bigger exchanges charge an absolute fortune and it's just not practical for most. You are right, most times is even best to start from a smaller platform and move to the bigger ones, reason that it has a kind of influence when a project move from small to big, the community will understand that they are serious but that aside, i usually say that big exchanges can't help a bad project, a project with a difference will stand out, no matter the avenue they choose as an exchange I think the best approach is to use some not so famous exchanges at first time. Trading should begin from small volumes. And then when everybody is sure about reliability of token they can move to bigger exchanges. It's most of the time also a question of the money a project wants to spend. Do they decide to spend a huge sum of the money they just raised to get listed on a major exchange to please all the 'moon-kiddies' or do they decide to go for smaller, cheaper exchanges, build up some trading volume there and increase the community so that maybe the community can help to get listed on Binance and co. by voting for example. I think cross exchange at start is fine. But not all people like to have multiple exchange account for trading. So I personally feel that Bittwatt should list at one popular exchange. In cases like this, I believe the best method to use is to create a poll for community members to vote and then the listing can be done according to the top voted exchanges in a descending other I don't think it's for the community to decide what exchange it's on. The team are the ones going to be paying the fees (And the top exchanges charge upto $1mill..) id rather the funds went towards development of the project.
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Hey Team!
I see alot of people reposting their articles onto different platforms and submitting each one in the blog content creation bounty spreadsheet.. is this allowed, do we get paid for each platform?
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Just found a quick statement by Brett on Twitter from Consensus: https://twitter.com/VanigPlatform/status/996825834630664193 A lot of great things are happing. Great minds, great people, great relationships are being formed. We are excited to show you whats next with Vanig. Stay tuned! Now I am really getting excited. Awesome, Can't wait to see what comes from it. I think with the patent pending and the if the MVP goes well, they'll be well set to put themselves in a very good position.
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I found an interesting article on coindesk. It tells how it all started) Just an interesting fact: the first case of energy transfer with the help of the blockchain was recorded in 2016, when one Brooklyn resident sold surplus renewable energy to his neighbor with the help of Ethereum smart-contract. Ethereum Used for 'First' Paid Energy Trade Using Blockchain TechThanks for sharing this article, I like how this shed light into why blockchain is useful for energy related applications Very interesting. This just shows what all can change over the course of 2 years. 2016 we had the first energy transfer with the help of blockchain, 2018 we have projects like Bittwatt that focus on a new kind of energy market. What will be 2020?! Really interesting times we live in. lol that's pretty cool, thanks for sharing that article! And yeah, the future is certainly going to be interesting, the next 5-10 years I think we're going to see insane advancements in blockchain.
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Cool! Platform looks like a marketplace for freelancers. Worth to join! Very solid team. Do you plan to hire more people?
What? Are you posting on the right project? Superbloom isn't a marketplace, it's going to be an exchange.
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Bonus is finished? I don't see the bonus info at token sale process bar as it was there till yesterday. However still phase 3 token sale is going on and for phase 3 I see 10% bonus. Now it's confusing if bonus is there or not.
The 3rd phase with 10% bonus ended yesterday. So I assume there won't be no bonus anymore in the 4th phase (atleast not 10% anymore). Yes i do not see any bonus more on their website so i am pretty sure that phase 3 is ended including the bonus with it, phase 4 will stay 13 more days. No more bonus. That is for sure. Remaining 12+ days will be without bonus. And also only limited amount of tokens left out in the sale. If somebody really needs to grab this opportunity, then its time to do it. They had a partnership with Coss if I remember correctly where you could get 5% bonus when participating in the ICO over the Coss exchange. Do you know if this bonus is over as well? It's still active, if you go to their site here: https://exchange.coss.io/exchange/coss-eth there is an ICO listing tab with Bitwatt there. Surprised this isn't going in line with the website but guess that's the promotional deal they have agreed. It's not uncommon to see certain sites offering a different discount from the direct site it self. ICO is going on in last 10 days? What is the exactly last date of ICO? If they couldn't sold all tokens then what they will do with unsold tokens? I am not sure there have been any information on that yet but I think the best thing to do in such case is burn the token as that seem to be the best option Last day of the ICO will be the 27th of May. And about the unsold tokens (if there will be any): One of the Telegram admins confirmed that they will be burned. Yea. As I expected. That's usually what most developers do to unsold tokens. It help to build the feeling of security for some investors. Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work I do like a coin burn, best thing about these ICO's essentially free money booster for the coins you do hold! Downside is less tokens sold for the project, but means less tokens more demand I honestly don't see there being many, if any tokens left over at the end of the ICO.
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