Fee of 0.1ETH  Why so much more than normal transactions? You mean the transaction fee or something else? Because that can't be right. Everything appears to be functioning normally. |
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Today start pre-sale. It is the best chance to by the tokens with the best price.
Yes, it is always advantageous to buy tokens in the early days of pre-sale. You can save money and get a discount. And in the future, even if you decide to trade on the stock exchange, you will have an advantage over other What do you mean 'if they decide to trade on stock exchange'? It's not planned yet? So where will it be traded? I think what he was trying to say that buying now gives you an advantage since you earn a bonus and hence earn more when you decide to sell on an exchange. At least that's my guess. |
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Is 1 ETH the minimum investment amount?
How will ICO work? Can't find where to transfer the ETH
Sorry, must have missed your comment! Check out the Official VIABET Pre-Sale guide: https://medium.com/@viabetio/official-viabet-token-pre-sale-guide-and-faq-552a5d988de1You will find all the relevant information, as well as the contribution address (once the sale goes live). In short, there is no minimum investment amount. However, contributing less than 0.01 ETH is strongly discouraged. Thanks for sharing. Still I can't find the Ethereum address, neither in the guide nor in your website It's going to go up as soon as the sale goes live. |
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Is 1 ETH the minimum investment amount?
How will ICO work? Can't find where to transfer the ETH
Sorry, must have missed your comment! Check out the Official VIABET Pre-Sale guide: https://medium.com/@viabetio/official-viabet-token-pre-sale-guide-and-faq-552a5d988de1You will find all the relevant information, as well as the contribution address (once the sale goes live). In short, there is no minimum investment amount. However, contributing less than 0.01 ETH is strongly discouraged. |
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ETH rate increased during the last days.
Still you only get 1,000 Tokens for 1 ETH.
Will you adjust this before ICO
Hi, The price per token is consistent with the original price on our website - $0.34. That's give or take. If you join the presale you'll receive a 40% bonus which will amount to 1400 XVIA so around $0.23 The pre-sale is set to start in 4 hours. |
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Will the company buy its tokens off the market?
We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges. I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits. Hi, I've touched on this above and I quote; Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.
The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.
If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.
Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else. If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for. Don't you miss the day traders when striving for HODLers only? Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly. As a day trader I must disagree on this point, it's not essentially the same. In fact I don't care about the rate increasing or decreasing. All I need is a certain volatility and reliable sources/data to predict future rates (no matter higher or lower). You said that viabet will have a low volatility and basically only increasing rates, which will definitely make your coin less interesting for day traders. With all due respect to day traders, we're not trying to create a "flippable" coin. We're building a platform. At the end of the day we hope to create long-term value but as with Bitcoin and other cryptocurrencies it will attract all parties, holders, traders etc. I don't think there's such a thing as a "stable" cryptocurrency. We expect high volatility during the early days but that should decrease as our market cap grows. I guess you're right in the sense that end result will be a cryptocurrency that is more conducive to "HODLing" as opposed to day trading. |
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Will the company buy its tokens off the market?
We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges. I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits. Hi, I've touched on this above and I quote; Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.
The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.
If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.
Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else. If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for. Don't you miss the day traders when striving for HODLers only? Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly. |
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Will the company buy its tokens off the market?
We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges. Sorry I don't get this point. Exchanges depend on supply on demand, so why should there be a difference in price? And if so, why should viabet buy the more expensive coins? Sounds like new buyers pay the profit of old holders (ponzi?) Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain. The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really. If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless. |
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It is not required to post in the VIABET ICO thread if we have nothing helpful or of good content right?
Nope. |
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Sir I am selected in spread sheet yesterday' but why sir now my name is not present in spread sheet.?
Please check the updated sheet. Might have been an error. |
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Will the company buy its tokens off the market?
We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges. |
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How many games can you run on your platform to one person?
There's no limit. You can start with one game and work your way up to owning an entire casino environment. You're only limited by the amount of Edge/XVIA tokens you'll be able to acquire. |
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