Yes only 1/10th of the tokens are released to the Public . . . the rest goes to Kik and the Kin Team. How they can call this decentralised I'm unsure . . . also the the ICO cap is 75 million x 10 so they're valuing Kin at 750m already, not really in favour of investors.
I'd rather invest my money in Status it's closest competitor.
Yes, I have some Status, and I'm watching Kin but not joining the ICO. I too would rather keep my Status tokens. I am keeping a close eye on Kik/Kin as a rival. I can't see why they really need a token for what they're doing, but obviously they're an established company with a big reach, so they can't be ignored. The KIN project is pretty similar to Status though. Status also had an ICO with a high cap. They collected around $90b if I'm not mistaken. There will be almost 7 trillion ! tokens in circulation. And while more SNT tokens were distributed during the ICO, they are currently trading about 4x lower than during the ICO. I bought my SNT tokens at around 0.00001 BTC but they have still lost a lot af value since then (-44%). If this is any indication for the future of KIN then it's clear we'll need a lot of patience. I still believe in the long term success of these platforms though, so I'll hodling for a long time to come. What percentage did Status give out to the public?
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Hello dev,
My username in twitter is @jerlen17 not jerlen27
Spreadsheet number 107 in Twitter Campaign
Thank u in advance
Updated. Previous week [August 31th - September 7th] stakes have all been distributed. Sorry for the delay...
Where is the spreedsheet sir ?
Here is the answer: so for week 2 will counted on 14/9 or be 18/9 ? Second week posts will be counted on September 14th (at 23:59). Even if stakes are distributed with delay, counting days schedule does not change. September 14th (at 23:59) which time zone we talking about? Btw, it's my first time doing this and I think I've posted 20++ already, if possible can you kindly take a look. We're talking about forum timezone. Regarding your posts, you're good! Thanks man! One more thing, when are bounties released? cheers.
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KIK is a good ICO, the only thing that concerns me is that they ask too much personal information for participation, maybe they should ask a DNA sample too from us.
Haha, it's part of their securities KYC, it might be the new normal in ICOs. Can I just say that you should take a look at SLVR ICO.
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Previous week [August 31th - September 7th] stakes have all been distributed. Sorry for the delay...
Where is the spreedsheet sir ?
Here is the answer: so for week 2 will counted on 14/9 or be 18/9 ? Second week posts will be counted on September 14th (at 23:59). Even if stakes are distributed with delay, counting days schedule does not change. September 14th (at 23:59) which time zone we talking about? Btw, it's my first time doing this and I think I've posted 20++ already, if possible can you kindly take a look.
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Maybe we can start by supporting altcoins that is used by the team in real economy? Such as SLVR that used the money raised to mine Silver.
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Hi guys, thanks for taking time to explain, I appreciate it.
The thing is that I have come across such posting for WTS accounts, does this data make sense? So in order to move to Sr. Member I will need to post 360+ post in 17 weeks? or.
And what about potential jumping to a Sr. Member strait from newbie.
===========here's the info============= Posts: 20+ Activity: 20+ (Newbie) Potential Activity: 360+ (Potential Sr. Member) Weeks to Next Potential Rank: 17 Potential Activity to next Potential Rank: 116 SMAS Blacklisted: No Trust: Neutral Estimated Price: 0.035
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ICO is going really slow i think. They only collected 15m usd so far (20% of what they aim to collect).
It's not going slowly. The first day of the ICO they allow everyone the opportunity to get an equal share of tokens. So the max you can buy today is $75 million / ~17,000 registered = $4393. Since obviously most people will not be buying the max amount there will be plenty of coins left to buy when the cap is pulled. And it lasts 24 hours so there is no rush to get them right when the ICO started. Tomorrow is when the buy cap is pulled and people can buy as much as they want until the token supply runs out. So far I think almost a quarter of the participants (~2000) have bought the max amount today, so likely a lot of them, plus others, will be buying up whats left tomorrow. so, how soon do you think the ico will end after the cap is pulled tomorrow? i'm wondering because i feel like the hype around this ico is not strong enough, but i might be wrong. In fairness, they didn't do any ANN or Google ads, so to get such traction is purely base on Kik's brand name. This is not an endorsement though, since I am also not sure if I should buy, am on the fence given a paltry 10% for public.
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I bought a bunch of Kin through the ICO today. Granted the fact that only 10% of the coins are released in the ICO is a bit worrying for the price, but from what I understand the rest will be used for a combination of future funding for Kik as well as a reward system in-app for content creators. So it makes sense they kept a bunch to hand out as payments to content creators in the future. It should take several years for the full coin supply to be on the market.
This is the only crypto that I'm aware of that actual has an existing userbase and actual use cases - it will be the in-app money. While that might give it a lower max usage than coins that aren't tied to a single app, it also means it has about 1000x the real world use that any other coin has right now other than Bitcoin and Ethereum.
$50 million were sold at a discount in a pre-sale. So if we go on the price of 1 Kin in the public ICO ($0.000146...) then the starting market cap of the 1 trillion Kin tokens that will be on the market is $146 million. Personally, for a token that has an actual use case (the currency of a popular app) and an existing user base, I can definitely see the market cap of this first trillion tokens hitting over $1 billion, Perhaps 10x'ing from the ICO price to $1.46 billion, I don't think that's a stretch at all. Plenty of the billion-plus market cap tokens will never actually be used for anything, so there's a good chance Kin will get up there IMO.
That's fair assessment since OMG is already over a billion without a working product, however to give 10% somehow still spooks me, I am on the edge. Btw, did they do an ANN / BOUNTY in the forum, not that I recall.
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Can someone tell me how you participate in this? Is the registration over?
You have to get into the whitelist, the white list registration closed a few days ago, so you cannot participate in the ICO.
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Ark = new project but has a good technologies inside it. And also proven developer. For me it is a next big thing after ethereum. I was thought it woul be NEO, but after the chinese news i feel little bit affraid.
Is Ark from China too? Omisego = has a good advisor ( vitalik buterin ) maybe it will be like ethereum but not as succesfull as ethereum did.
Waves = has a very big die hard member. You can leased your waves and also has proven DEX. You can trade in dex with mobile waves apps.
You can decide it by your self, i just give you little information.
What i did? I split my money in to all of those token.
WAVES leasing is a joke, they give you like 0.1% return per month, that's like almost as bad as TD for USD. I own and support WAVES but their leasing just needs improvement.
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Don't know much about Ark, can't comment.
OMG is APAC centric, and has a very transparent and seemingly healthy team that have been operating in the digital payment for a few years (before doing the ico). They talk to Vitalik crew alot too and has super strong advisors. The bummer is that they don't have a working product yet despite being a unicorn, so some might worry that they are good at fund raising, and maybe not so much at delivering.
WAVES is Russian centric. They have apps running and have proven more technology-wise. Especially important when others have launched tokens on top of their blockchain. The bummer seems to be that they are not the most transparent aka their founders are more opaque.
If I really have to choose, I'll pick WAVES since they have something running and the tech is proven. If only they can be more transparent in the communications. OMG can be super big too but I think they already are being valued as a unicorn, so we will wait and see what they deliver product-wise. So more potential in WAVES but more risks, and more stable in OMG.
Now time to go back and learn more about Ark.
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HVN is an interesting choice. The project is solid.
SLVR also. I will follow them closely
What's HVN about? I haven't researched that. SLVR looks interesting, it will be great if someone can tell more about the exiting of their mine, someone from Mexico maybe.
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Better to buy how many days before an important event like those ones ? The same day ? 1 day before ? more ?
just after the end of the updates, must be up to date and monitor the currency in the platforms like poloniex and bittrex if you are trader but it is preferable to buy just before the updates, but everything remains subordinate to the Bitcoin too, if the Bitcoin falls, the currencies collapse back Your observation is quite spot on, I do not believe you are a newbie/junior member in this forum
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hello I will share with you any information likely to bring you happiness and especially gains;) important facts will take place this me of September ur certain currencies, seize the opportunity to invest there Currencies are very advantageous, they will use a good rise, very soon 📢📢📢 - important events you will get - you 12th Sept >> 🛒 SYS Wallet Release 13th Sept >> 🛒 QTUM MainNet Release 14th Sept >> 🛒WINGS Event in Las Angeles 15th Sept >> 🛒BTS Hard-Fork 💰💰💰💰💰 17th Sept >> 🛒 OKCash Rebranding 18th Sept >> 🛒LUN Private Alpha💰💰💰 19th Sept >> 🛒OKCash Open Online Conference 22thSept >>🛒GRS dev release these important events will surely affect the prices of these currencies, buy at the right time because they will increase Thank you for your attention Wow this is awesome, thanks! What's with the OKCash rebranding btw, please enlighten! WINGS event release, so I am looking at this too. Btw, can I add in on a non-release, which is the ICO of SLVR, token pegged to silver. Thanks!
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Hi,
I've just checked my account and it says this:
Activity: 196 (Full Member) Potential Activity: 196 (Potential Full Member) Weeks to Next Potential Rank: 7 Potential Activity to next Potential Rank: 44 SMAS Blacklisted: No Trust: Neutral Estimated Price: 0.03724000
When it says "Weeks to Next Potential Rank" is 7, does it mean that I can potentially move to senior member in 7 week, or am I still stucked with Full member as in "potential activity" I am a "(Potential full member)"
Thanks
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Maybe just for those 2. No news from bitpay about it. Can't wait for my space gray card.. Need a good way to pay my monthly mining bills.. Just wish it didn't cost $500K to get the black card for the unlimited interbank exchange. Kind of ridiculous, but whatever. At least 1/2 my electric bill will be at perfect interbank exchange. I got a bitpay visa around 2 months ago. They still are unable to activate it properly. What a joke. It made me lose all faith in their company. It's been weeks since they've even replied to my support tickets more than "you need to wait". For now, I guess I'll need to keep risking bank account closure by sending funds to it from an exchange until they get their shit together. What happened to bitpay when you say they are unable to "activate it properly". I was using bitpay as a client wallet for a while but left when they didn't respond properly to the BCH fork, not saying if it will spit out BCH or not.
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Hi guys,
I am new to DASH so I'll ask some rudimentary question and hopefully get some answers. thanks in advance.
1. Is DASH both a blockchain and token? 2. Can DASH be burnt as transaction fees? 3. Is it's only difference in terms of governance-aka-hard-to-fork and private?
thanks and appreciate
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I own WAVES and think they can be big, my only complain is that there is proper description about their management team, it doesn't feel very right if this project is semi-cloak. I know many knows who the team are and you can find the founder on some sites, but still a proper intro in their website is badly needed.
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