The ICO lasts until Q4? that is still a long time. But actually the time is well chosen. we all assume that the bulls will come back in the autumn. and in a bull market it is easier for the ICOs Yes I thought this was a long time when I first saw this, however it ensures that Tachain ICO raise the necessary funds to continue with their project and complete development. Exactly, I would rather have a project have a longer ICO time as long as they can hit the required minimum funds to allow the development they need within their roadmap Yes as long as they drive up enough interest to last the entirety of the sale. I think Tachain will do well. Hoepfully they will not need to extend their token sale but like we said I would prefer the team has the right level of funding to carry out development properly. It is long time ago that a project was sold out during the ICO. Most projects extend or move the ICO. Therefore a long ICO period is better. I suppose that the market grow and Tachain can reach their targets to continue the development. Yes we are not really in that environment anymore where ICO’s sell out instantly or within a few days/weeks of launch. There were too many mediocre ICO’s at the start of the year that took a lot of investors money and haven’t provided the returns necessary for people to reinvest in other projects. Crypto investors like to HODL and sometimes this can work against other projects because a lot of people will not sell at a loss. I do agree with you, the buoyant nature of the industry was affected by a lot of scammers and projects with no feasible concept, the negative effect of such is still been felt across the industry, what's needed to clear the air are projects with value, projects that are meaningful, the logic of dumping after ICO should also be corrected as that too is another issue |
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So many people don’t get thatpatience in this industry is a virtue everyone wants instant return and an instant result for everything real company’s and real investments take time. People need to learn how to balance their expectations with what reality matters
I agree with this statement, if there is a rush in development of the project there might be a bug in the system that will cause the project not to function properly. Everything takes time, so every project deserves time. A good quality project needs alot of preparation and efforts with the host and maker itself. They need to make sure that they will launch or released a good quality project for their reputation and name. Everything needs time to improve and updates. Every project deserve our time and patience. You're right, that was why i made a statement about it initially and like the popular saying goes, its not about how far but how well, so it doesn't make sense to rush and bring out garbage, they should take their time and create something but not too long, something that investors will love and such that will do what it was created to do in the first place |
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This project's soft cap is not so small. $250 000 is the pre ICO soft cap, the main ICO event soft cap is 10 million USD. 6 days left till the end of pre ICO, let's wait and see if 250 K will be raised.
Fingers crossed they make it. Don't think the bar is updating, can't imagine they have received nothing further past $200k. Time will tell very soon though I guess. let's hope that in 5 days they will collect soft cap, the remaining 50,000 dollars, and start moving to the hard cap. I think they will, it's still over 5 days to go up and only 50,000 dollars to go. Certainly possible and look forward to seeing the small softcap finally be hit! I have already experienced some ICOs that have updated the Progress Bar manually. There was no progress on the weekends and on Monday there was always a big jump. Maybe it's the same with Lendsbay and we see tomorrow that they have already reached the SC :-) Lendsbay were updating the live counter every 24 hours, but I think sales might have slowed down so they haven’t updated it for a while or team is busy working on other things, for example development and marketing. I think development and marketing like rightly mentioned should be priority of the team, I'd like a successful project with real life use cases... I'm somewhere remote atm and I'm just wondering if LendsBay is in progress I won't have bothered much with my personal finance Mate still on $200k, only 4 days left, little to no marketing. They are probably going to have to extend. Doesn't look great considering they only need to raise $250k. Has the team given up or are they working on something secretly behind the scenes and they will pull the rabbit out of the hat on the last day? Yea, that's really something disturbing, just few days left, they need to get their act together and find a way out, i understand that its a pretty rough period but the amount required is not that much, so its achievable once they have done the needed thing, i've seen suggestive comments that has been made by the community, that would have helped |
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Yeah, telegram channel is very useful to keep up with the updates, I don't think it's a bad thing about the bounty extension - look forward to seeing some extra sales come into the pre-sale You're right, telegram is really a vibrant place for the effective utilization of communication when it comes to ICOs and even after the sales process, its still needed and that's because of its flexibility and speedy response in terms of communication, so its really an essential element needed in the control, growth and establishment of projects |
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I seen somewhere in their article that developers can develop their own games or app by using their platform and can upload their app store.
Yeah that's right, they also have a tonne of resources that you can use to help enable you create your DAPP or game, great to see the team supporting their community like that. Yes, I think you are talking about XMAX Development Environment, development toolkit, reference system and samples. The developers will have everything they need to work with Xmax platform. Xmax will be a cool platform to work on. They have virtually everything a developer needs to become successful in his creative time. Yes, developers can develop 2D/3D games as well. They will provide educational documents to developer as well. So no need to search for tutorial on Google  That’s awesome, 3D games are more aesthetically pleasing however 2D games can be more fun, it’s nice to offer developers the opportunity to build both on the XMAX platform. Yea, 3D games are great 2D is also cool, its just all about creativity, saw a 2D game a couple of days ago and it was lovely, so its now left for developers to utilize the XMax platform and create something nice that will be appealing to see and play, with nice aesthetic flow that will boost their portfolio, enable them make sales and also help in the growth of the project |
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I think it would be smart if the rating was automated in a way via the smart contract so that ontime repayments automatically give good scores and late payments hit your score th more that can be automated the better in longrun
Exactly what I'm thinking about and wrote above. It must be quite smart account system with rating calculated with all your actions as Lendsbay user from the entire payments history. Have you both already shared your idea with the team in the telegram channel? If they did not have that idea themselves, it should definitely be mentioned. I think that's very good and implementation should not be that hard Yes, its a good idea to get the process automated, not sure if they can implement that but it will smoothen out the tools guiding users and investors on whom to work with in terms of lending and whom to sideline, efficiency matters a lot in this aspect of business, as any little mistake may cause users to fidget about their money which they must have loaned out |
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It’s good to continue to see people posting and helping the team get the product out there on top of the teams own write ups that’s part of what makes crypto cool is he community support that grows around product launches
What you're seeing happening in this thread is how investors and supporters ought to respond towards a project in which they take keen interest in, I commend the team for having a healthy community of this sort. Yes and also an avenue where they can get reviews from the community for the continuous development of the project, i think they should ensure that this thread is kept alive as many investors and potential investors utilizes this avenue in their quest of seeking what or where to invest, so its really necessary that this channel stays alive for the overall benefit of the project |
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The ICO lasts until Q4? that is still a long time. But actually the time is well chosen. we all assume that the bulls will come back in the autumn. and in a bull market it is easier for the ICOs Really? Q4 is really that far, I'm cool with it if project is getting developed as well... It's a great opportunity for the team to bring on the A game I thought Tachain team will launch app this month or in August. But looks like we have to wait for some more time. Yeah, I also saw some comments that Android app will be available in August and I was waiting for the first look of this app. Anyway, just a couple of more months we have to wait I think. I’m in no rush or going anywhere lol I’m sure when the codes ready they will bring it out I’d rather a nice clean nonbuggy app vs a rushed buggy one. First impressions matter a lot in this industry Yea and they don't need to rush either, getting it right is what matters most as they have a lot of individuals in the community to attend to and a lot of skepticism to trash, yea, some investors will be skeptical till they must gotten a first hand experience on the product that they have invested, in this case, the app, so they need to get things up and running as of when due |
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This project's soft cap is not so small. $250 000 is the pre ICO soft cap, the main ICO event soft cap is 10 million USD. 6 days left till the end of pre ICO, let's wait and see if 250 K will be raised.
Fingers crossed they make it. Don't think the bar is updating, can't imagine they have received nothing further past $200k. Time will tell very soon though I guess. let's hope that in 5 days they will collect soft cap, the remaining 50,000 dollars, and start moving to the hard cap. I think they will, it's still over 5 days to go up and only 50,000 dollars to go. Certainly possible and look forward to seeing the small softcap finally be hit! I have already experienced some ICOs that have updated the Progress Bar manually. There was no progress on the weekends and on Monday there was always a big jump. Maybe it's the same with Lendsbay and we see tomorrow that they have already reached the SC :-) Lendsbay were updating the live counter every 24 hours, but I think sales might have slowed down so they haven’t updated it for a while or team is busy working on other things, for example development and marketing. I think development and marketing like rightly mentioned should be priority of the team, I'd like a successful project with real life use cases... I'm somewhere remote atm and I'm just wondering if LendsBay is in progress I won't have bothered much with my personal finance Its a few days away to the end of pre-ICO softcap and they should utilize all they have in making this a success, the marketing team should do the needful on their social handles, fix every loopholes and ensure that their target is achieved for further developmental process, in this moment of competition, only the strong will survive |
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The ICO lasts until Q4? that is still a long time. But actually the time is well chosen. we all assume that the bulls will come back in the autumn. and in a bull market it is easier for the ICOs Really? Q4 is really that far, I'm cool with it if project is getting developed as well... It's a great opportunity for the team to bring on the A game Approx in up coming 4 months. They will start developing android and iOS app which is good. But exactly how much funds they received from investors? I mean whatever amount they received, that's enough to continue their roadmap? Yea, its pretty close and i can't wait for them to get such implemented, investors will love to see this and hope that it will do the needful in impacting positively on the value of the token, i also believe that all inputs made here has been duly noted to help them accomplish the upcoming task and deliver a good platform to the community, something they can relate with |
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I was wondering if anyone was paying attention to the market today and the long green candle, I hope this would mean well for Vanig crowdfunding as market corrects.
I think so, the ICO market have long wait this period in fact most ICO that came out in the bear didn't pull through as many investors withheld their funds, i think the green candle will inspire a lot of confidence to invest There have been many scam ICOs that have caused this. Many of the investors are no longer interested in ICOs. Also, the bear market has caused investors don't invest even in promising projects. Which i think is the reason behind Vanig tireless work to make sure they get a lot of things right from the beginning, look at the recent move of partnering Alibaba, i think they would need more of such moves if they will get the interest of investors heightened up I think the partnership thing was with an affiliate of alibaba or so but the fact still remains that they are really working to get the attention of community and turn things positively around for the good of the entire project, the community itself is appreciative of the fact that they been diligent in there quest to create a profitable brand and also a name for itself I heard that rumor about the partnership with that alibaba affiliate too, but if the team not announced it officially, the deal is not agreed. I wouldn't go around spreading rumors, that's how the project can get in trouble if people hear that they have a partnership and invest then nothing comes of it.. id wait for the official announcement. I agree some people don't read the whole sentence and only see the part where it says 'partnership with..', it is better if the team themselves gives us a nice view of what the actual situation is between them an Alibaba so we can clear things up here. It's literally in their update blog, they say they met with an affiliate of Alibaba to discuss a partnership. They havent said they've made a partnership so you take that, as of right now, as there is no partnership. Of course they will announce it like they have with others if a deal is agreed. You're right and the community needs to get clarified on that, as most individuals believe that's Alibaba, vanig is really doing good in their marketing campaign and their recent partnership with DeHedge platform is an example of such and its not east to get listed on the platform, its difficult seeing projects pull such attention in this period |
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I’ve always seen the potential it’s just the tech for blockchain gaming has always left it to be used as a currency for games or as very minor 2d trading game style only recently has the tech started to lineup for more
Absolutely, its lovely seeing such happen, blockchain is the future and the decentralization process makes it much more flexible,awesome projects such as this have been available to us through this technology and has also open doors for another means of crowd funding, so once an individual or group of individuals come up with something creative, they can get the needed fund with the help of the blockchain tech |
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I just saw on their Twitter and they are rewarding to followers with 5 lendsbay tokens. Exactly I couldn't found that the reason of rewards. But this is a great things that they are giving tokens as rewards.
How do they select the top followers? I mean on what criteria are they ranked top?? By the way congratulations to the winners though Wow this is interesting. 5 LendsBay to their twitter followers. This is very appreciative of the team and very rewarding for the Followers. I keep missing these goodies lol. Anyways I think their rewarding for those showing proof of care is a good marketing move to motivate more good will. I really like this more than random airdrops. Yeah i keep missing these promotions on LendsBay and pretty much every other project that im involved in hahaa, hopefully one day i'll manage to land one. Great job by the team to reward their users though! Me too missed it somehow. It did not come to my eyes somehow. Dont want to miss it anymore. How are are they in reaching their caps? They crossed 200K as of now. 250K is their softcap. Still they have some days to go and hence I am not that worried about reaching softcap. Then when the main sale starts, they will achive their hardcap. That's great to hear and will generate some sort of confidence in the community, which will in turn bring in more investors, guess they are really doing their marketing properly after all, hope to see them achieve the hardcap and they should please deliver a good project to the community in accordance with their whitepaper, that's what matters most Yeah of course i am eagerly waiting for the app to be released as i would love to test everything out, July is almost ending and that means their pre-sale is also ending go get the tokens while they are still so cheap. Yea, we hope to see that come to life and give the community an opportunity to test the process, verify and drop reviews for the project team to modify and deliver a more viable app, not saying that they won't get it the first time but its not necessary that they will yield the needed influence at first but if they do, that will be awesome. |
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Yeah, nice series there. I personally know Javascript a little so I'm waiting for the next video where maybe the first simple app will be made. Nice video, thanks for sharing. I follow Ruffchain on youtube and like those videos. I'm not a programmer, but it looks not soo complicated, maybe I can learn it with the videos. Likewise im not a programmer but i still like to keep up-to date with how the project is going, and watching some of the guides is still really interesting. Great work by the team. I'm an investor, and I like how things are coming along nicely, the video series is interesting, I look forward to the next one. Same here but I think I like how they are trying to engage the community and reach out to them through their activities. like the AMA for example. I am also closely watching this project as I have bought some Ruff tokens. And I liked the way they are guiding the developer, providing full information about app development. I really think Ruff Chain can be one of the biggest IoT platforms in blockchain over the next few years and that is why I also have a small holding of tokens. I completely share your sentiments, I too am holding a number of tokens I think could be worth a pretty penny in the coming years. Fingers crossed. IoT as a technology is something I enjoy reading about and investing in. We all use IoT devices everyday and advancements are constantly being made to the software and hardware that we use. It would be silly to dismiss Ruff Chain as it combines IoT and the blockchain, which makes devices more secure and prevents hacking attempts. You're actually right, IoT is like the future of technology and is of essence that brands follow the future in order to stay relevant, there are a lot of good brands that was once known but today they are gone because they did not follow the future, so Ruff is doing the right thing by creating their project around a technology that will change the way we perceive things |
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So will KYC only be for those who contribute above 100 ETH or in the future all should perform this verification of the data? If you use the ad platform, will you be charged per click or a flat rate?
Yes, indeed. Those participants who have invested below 100 ETH was not asked about KYC even if you do invest 99,99999 ETH. This is another great relief for all small investors especially for people like me. If I am investing 1 ETH, it would be more time consuming to go through all this KYC verification. Thanks to the team for such exemption. Thank god for that, I hate submitting KYC to random companies. I feel like 100 ETH should be the KYC threshold for all ICO token sales. I understand why it's done but if we are dealing with an investment below a certain amount it shouldn't be implemented. KYC in my opinion should only be for those that are investing huge sums. It's such a pain to do and more worryingly, I hate giving my details away to random companies, luckily all of those I have done have been legit but there's always that possibility one will not be. This is crypto world. Still not regulated. Till then one need to be careful about choosing the project especially with regards to KYC verifications. Yeah I'm actually going to welcome some regulation, it would prevent so much fraud and scams from the offset. Perform KYC to the wring company and who knows where your details would end up You're right, its funny when people fidget about regulations, it will will actually help create a healthy, vibrant and robust cryptocurrency environment, which will really attract a whole lot of investors into the industry and also give room for solid projects to come on board and deliver genuine projects that will impact lives and not unrealistic projects |
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I just saw on their Twitter and they are rewarding to followers with 5 lendsbay tokens. Exactly I couldn't found that the reason of rewards. But this is a great things that they are giving tokens as rewards.
How do they select the top followers? I mean on what criteria are they ranked top?? By the way congratulations to the winners though Wow this is interesting. 5 LendsBay to their twitter followers. This is very appreciative of the team and very rewarding for the Followers. I keep missing these goodies lol. Anyways I think their rewarding for those showing proof of care is a good marketing move to motivate more good will. I really like this more than random airdrops. Yeah i keep missing these promotions on LendsBay and pretty much every other project that im involved in hahaa, hopefully one day i'll manage to land one. Great job by the team to reward their users though! Me too missed it somehow. It did not come to my eyes somehow. Dont want to miss it anymore. How are are they in reaching their caps? They crossed 200K as of now. 250K is their softcap. Still they have some days to go and hence I am not that worried about reaching softcap. Then when the main sale starts, they will achive their hardcap. That's great to hear and will generate some sort of confidence in the community, which will in turn bring in more investors, guess they are really doing their marketing properly after all, hope to see them achieve the hardcap and they should please deliver a good project to the community in accordance with their whitepaper, that's what matters most |
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So will KYC only be for those who contribute above 100 ETH or in the future all should perform this verification of the data? If you use the ad platform, will you be charged per click or a flat rate?
Yes, indeed. Those participants who have invested below 100 ETH was not asked about KYC even if you do invest 99,99999 ETH. This is another great relief for all small investors especially for people like me. If I am investing 1 ETH, it would be more time consuming to go through all this KYC verification. Thanks to the team for such exemption. Thank god for that, I hate submitting KYC to random companies. I feel like 100 ETH should be the KYC threshold for all ICO token sales. I understand why it's done but if we are dealing with an investment below a certain amount it shouldn't be implemented. Lol, you seem to be relieved, well its not like projects love doing it, is just the due process that needs to be followed, especially with the advent of questionable projects, they just want to stay on the safe side of the regulators, which will ensure that they don't get issues in the future, 100ETH is a lot of money and individuals with such should really do the KYC thing |
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I think communication plays a big role in E-commerce projects, i have also participated in their AMA's and i learned a lot of new things, They should be able to reach their hardcap very easily.
In private sale they received 1.65 Million USD till now, still 27 days for pre-sales to start. I also believe that they will reach the hardcap in all three stages. oh wow, so it was still 650k taken, in addition to the million of the major investor. Now not much is missing on the softcap, I like that. And I can well imagine Alibaba starting with a small investment I’m still quite surprised that Vanig hasn’t achieved its private sale soft cap yet. Hopefully they can get a few more investments before the next stage. I guess remaining 0.35K USD is not big challenge for Vanig. Because still 26 days are enough to get reach their target. I seen that they are not updating their status everyday. Only countdown is running there. The sale is looking good and should hit the private sale hardcap - we're almost there, and over 25-26 days to go That's the enough time then to reach their remaining target. Also I realised that they are not updating this page on daily basis that's why we couldn't see current data. I think you are right because of late, we have seen lesser activities from the team representative in here unlike how it was. Many projects most times focus on their telegram and some other channels. Yea, the telegram group is like where the vibe is, probably is because of the easy flow of communication between the team and the community, so i understand why that channel is like the highest place that activities usually emanate from, i just heard some good news today about them partnering with DeHedge to have their tokens sold on the DeHedge platform. |
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I’m really hoping a lot of developers start to sign into the network and really start looking to develop some enticing dapps as that’s what will really make or break the network over the next year or so
Do you have any doubt about that? I think XMax will get a lot of developers and they will create even more DAPPs. I think the main issue is going to be attracting them to come to the Xmax chain, there is a tonne of competition, and alot of people will simply want to stay with the big names like ETH, but I think Xmax will be able to do well. But I think their focus is different; If they focus on the gaming side I think they could attract a decent crowd. Especially since your game rewards are actual tokens which can be used outside the environment. There is a huge market available for game outside the crypto world and even inside it. Trust me this project got a good audience awaiting them. Yea, the gaming niche is indeed a big one, competitive and challenging that requires skills to stand out, that's why this project will stand out because they have created an avenue where by different developers come together to create something much more appealing and its not just one developer but several, doing there own thing, so the possibility of one,two or three hitting the limelight is pretty high |
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Everything has slowed down a bit, maybe it is because of the recent market movements that saw eth and bitcoin rising, everyone is holding on to their tokens to see what happens next.
I think the current market situation will benefit Lendsbay too, with a green market people tend to trust it a lot more than if it is red, we may now see Lendsbay reach softcap within days. Just softcap for this project is very small - only 250 000 dollars. This is reasonable, it is difficult to raise a large amount on the red market. This money should be enough for the development of the project. You're right, its difficult getting people on board projects this days as the competition is really something else, the community seems to join projects with some sort of reassurance or yardstick, such as the funds needed for softcap, this project really have a small softcap and i expect them to hit it sooner than expected, that's why their marketing team should be up and running |
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