Hi Thread Starter, is it just me or you are indeed a shiller? I smell a veiled marketing here  In my opinion there's nothing called as risk-free stuff in this world. Hell, we can even die just by running. Also, there's a lot of projects out there stated the same thing, but all of them are a scam project. I'm not saying this is a scam project though. Honestly, by investing into this project is already a risk. How do we know they will send our token? not to mention there's no a single video about the team. So the whole crap about the risk-free is bullshit. I have also been following this project for quite some time already and I disagree with you. There are lots of videos on YouTube, guys also have good ratings on sites like ICObench and have gone through KYC procedure there. So, it does not look like a scam coin. They could have made better PR, yes Moreover, they have MVP that can be downloaded from AppStore - this proves that they themselves have already invested money in the project before the ICO. And idea is actually great, smart token design which makes their coin a demanded tool. I agree with you that there is a risk in everything. What they offer is to exchange the same amount of ETH/BTC invested into the same amount of tokens received. So, yes, there is potential risk that ETH and BTC goes to zero and in USD terms you will still loose money. But if you HODL, investing here it is the same as HODLing, but with additional upside potential. I believe in this project There are lots of people who have belief in this project. No doubt about that. Thats also the reason, they reached softcap already. I agree with you that there always be some risks involved. May be project is claiming too much even though the risk might be definitely lower than the other projects out there in the market. Yea, every investment has its own risk attached to it, investment is a risky thing, no matter how authentic it is and with such comes the need for investors to have some sort of protection, which can come in various forms, example of such is the money back guarantee but i'm yet to see this in action when it comes to the blockchain industry |
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very excited for this project and look forward to finding out more on token sale details will be more readily available. Is there any details on jurisdictions allowed to contribute?
Yeah! I'm kinda disappointed with Cova for not releasing any Public sale for Cova token. However as far as i know, Cova is still planning on going on with the funds from Private sell! Yeah they are having some private selling based on the admin said on their telegram. But I think they will going to have some public sale after the private sell. guys is absolutely no sense in carrying out a public sale in such a market. there is simply no chance of raising money and, as other projects show, it is almost one hundred percent. many projects understand this and either refuse public sale or transfer it to another date. You are right, it makes no sense having an ICO when its a sure thing that the target will never be achieved in this current market situation and just like you stated, most project have paused anything that has to do with such or implementation, so these are tough times for any fund raising thing in the crypto industry Truly these are trying times for ICO and the industry in general but I am one that likes to take an optimistic approach to anything, and I believe that good projects can still get investors even in hard times. Yea, good projects will definitely get investors, many individuals misunderstand the fact that, if a projects has a good user case, it doesn't matter if the token is traded or not but the viability of the project will boost the token, so for the market to be crashing and affecting everything doesn't mean the end of the project, once the project succeed, its value will increase |
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I don't know what is the reason but market still falling too much, so my question is that it will impact in the sale or tachain still getting investment from market?
Logically with the buy back policy they recently started they should still get funds coming in Although I haven't checked the figure or the progress of token sales i dont think it'll make the token sell stop or slow down as Tachain has fixed value for ETH. but some slow down issue might occure as there are news that eth will fall below 60$ and that time people will buy eth at that price. Tthis is not correct, 1 TCHN costs $ 0.01 a binding to ETH would of course be great, then you could buy really cheap tokens at the moment. But unfortunately the price is fixed at $ 0.01 That is a good move. I think many ICOs avoid bining to ETH and the likes to avoid the volatility of the market; but still that is just as risky if they keep holding to ETH. Many ICOs still have ETHs in their wallets waiting for the sale to finish or they hit the softcap; those that accumulated say 0.1 at an ETH price of $400 are in a big loss Problem is that we still don't know the bottom of market. People are now saying ETH may go down till 60 USD. If that happens then it will be very difficult for ETH to recover. Exactly, the market is currently defying all analysis. I think the best we can do right now is to wait, and hopefully it will pick up in full swing once again. Regardless I think the projects need to liquidate the moment they finish the ICOs or the sale to start operations. without that they really can't do much. On the other hand they can't just liquidate whatever hits their wallet incase they needed to refund the money to investors. I think that is why many opt for halting the sale. Yea, its a pretty difficult situation but at the moment, liquidity is the option but i'm of the opinion that such be done, even if they intend to refund investors, i believe investors will really appreciate the fact that they have their investment back, rather than having that idea of leaving it in crypto with the dip scenario that's happening, though the market is a bit green today |
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I'm a Regular Low-to-Mid volume Trader and dont do much trading. But i've been trading on Bitmax for some day and i'm really satisfied with how this exchange operates!
Have you tried out the reverse mining and transaction process of the platform?, it will be nice to have first hand experience and reviews coming up by now, at least to break the skepticism, though it was stated that their number of users has increased exponentially but getting such good reviews on this thread won't be a bad idea as some are yet to understand the process |
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Please do anyone know if exchange business is really profitable because it seems to me that almost all new ICOs in the space now are new exchanges, what I feel is that most projects want to be the new Binance which is a 1 in 100 example, Binance has a right go to market model and get it right, I don't know how projects cope now that the market has greatly dumped and for how long we don't know
Of course, there is no guarantee that ONAM will be the next Binance. And it's also true that there are a lot of exchanges already. But in my opinion, ONAM has features like their AI trade assistant that can help it to stick out of the mass. Yea, you're right, no one knows for sure if they will be the next big thing or not and just like i usually say, stating a concept is far more different than implementation, so they may have all the good features one can think of but without proper implementations, they will go nowhere but i believe they will do justice to this and provide users with another form of creative trading experience "creative trading experience" that is something I can relate to, with the numerous features proposed by the Onam team, there is no doubt that they intend making trading fun. Yea, you're right, the world is a pretty competitive place and the survival of any brand depends on the creative process that they have onboard to help them stay relevant, we are used to the trading platforms in the blockchain industry and bringing up something new and creative won't be a bad idea, it will attract users to the platform |
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I think it’s best to talk to an admin ont wlegrqm if your having issue they are much more active on chats to help not so much on bitcointalk here , bitcointalk always a mess regardless of project
Exactly, Almost 3.9k user's are joined telegram. Onam admin are too much active on telegram and replying to users queries. That's cool. Its good and convincing to see users applauding community managers of specific projects. Telegram is one of the quickest ways to get answers to questions. Wow, almost 4k members is great. When I started following ONAM and joined the Telegram channel there were only 300 members. Despite the negative market trend, ONAM increases their community. I also observed that few days'back I saw around 3.2k members was there. Now it's increased to 3.9 which is really great thing. Looks like people are much interested in Onam. Yea, their membership base is quite huge, which makes it remarkable as oppose to most upcoming brand at the moment but one thing to note is the friendly nature of the admins, they are quick to respond to any query in a fun living way, guess that's also one of the reasons we get to see people coming into the project and that amount will likely double when things bounce back |
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Yes it’s mostly a medium for distribution transport is just a target to get advertising in front of more people and having an eager available audience for those ads especially if their gonna get micropayments
Yea, using the transportation niche as a medium for advertising of products and service is a creative move by the tachain team, they just have to prove to the community how efficient such merging can become in terms of profit margin and brand improvement of their clients over a period of time, positive results will boost the image of tachain and i believe brands will come to them |
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very excited for this project and look forward to finding out more on token sale details will be more readily available. Is there any details on jurisdictions allowed to contribute?
Yeah! I'm kinda disappointed with Cova for not releasing any Public sale for Cova token. However as far as i know, Cova is still planning on going on with the funds from Private sell! Yeah they are having some private selling based on the admin said on their telegram. But I think they will going to have some public sale after the private sell. guys is absolutely no sense in carrying out a public sale in such a market. there is simply no chance of raising money and, as other projects show, it is almost one hundred percent. many projects understand this and either refuse public sale or transfer it to another date. You are right, it makes no sense having an ICO when its a sure thing that the target will never be achieved in this current market situation and just like you stated, most project have paused anything that has to do with such or implementation, so these are tough times for any fund raising thing in the crypto industry |
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Ya I don’t see why people seem to be talking about not having a normal ico is bad lol. Having sales on an exchange is just a solid way to fit into the distribution model of a project like this
I'm the kind of individual that's open to change and tend to see reasons or perhaps try to adopt to something new, the process been implemented by cova is a new process and such process may be tested, with an advantage(s) as against the norm that we are used to, so for them to use such method in token distribution is a sign that they intend to stand out from the usual flaws of distribution |
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Transportation is a huge part of our economy! Making it a part of Crypto is really gonna drive a huge volume in Crypto!
I would like to see how this gonna work!
For passenger transport, I actually see no added value in bringing the data to the blockchain. Here at Tachain, it is primarily about the advertising and only secondarily to the transport. As far as the transport of goods is concerned, I already see more benefit in the blockchain, but that does not fit into this thread :-) I think they go hand in hand and i see the transportation part as important as the advertising, the amount invested in securing the needed vehicles is enough to classify the transport part as a primary aspect, otherwise it will be all about creating an online platform and just create out means of advertising goods and services but that's not the case |
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I don’t think anything puts people off more than kyc I personally prefer when ICOs allow for a low cap trader to do only minor kyc I mean why should people trading 100$ have to do extensive kyc but each group has its own requirements
You are right, i think it will be best if they create preferences for users, like those with minimum amount to invest can bring little or no proof of identification, in my opinion, KYC should be for those with huge amount to invest because when it comes to scrutiny from the authorities, huge investments is what they aim at, so i see no much reason why such is needed |
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It's also a good chance and convenient way to every fiat user or investors that they can easily buy some ONAM tokens without having a problem on price decrease of our common altcoins that we use to make an investments.
Are they already acheived their softcap? I am very curious to hear this news. This will also provide some kind of relief for the small investors especially in this bad market. The last thing they published about that, is that they raised around 2 million USD. But that was already some time ago. Don't know if there is further information now. recently they were 500k away from the softcap. normally this shouldn't be a problem, but what is normal on days like this. It always takes a little while for Onam to post new payments, maybe they've already reached the SC and we do not know it yet. Its funny how things can change, just like the popular saying goes, change is constant and just like you stated, such wouldn't be an issue before but here we are, trying to catch up because of the market situation, its still falling but hey, no one knows for such what will happen next but its still a good time to get into the market, as any appreciation will mean massive gain |
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very excited for this project and look forward to finding out more on token sale details will be more readily available. Is there any details on jurisdictions allowed to contribute?
Yeah! I'm kinda disappointed with Cova for not releasing any Public sale for Cova token. However as far as i know, Cova is still planning on going on with the funds from Private sell! I think you should consider the fact that they may or may not because i'm yet to see any official statement about such, unless i'm mistaken but we all know how things are at the moment and we may likely get to see slow progression in implementation, they still have a long way to go, so i'm pretty sure that something else may come up in the future |
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Transportation is a huge part of our economy! Making it a part of Crypto is really gonna drive a huge volume in Crypto!
I would like to see how this gonna work!
Yea, you are right about transportation being huge and yes, its not just in any particular locality but its know to be one of the largest in terms of delivering profits in an economy,so its nice to see one coming out of the blockchain industry, imagine what it will feel like and with the combination of advert channels, they stand a lot of chance in becoming successful |
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Please do anyone know if exchange business is really profitable because it seems to me that almost all new ICOs in the space now are new exchanges, what I feel is that most projects want to be the new Binance which is a 1 in 100 example, Binance has a right go to market model and get it right, I don't know how projects cope now that the market has greatly dumped and for how long we don't know
Of course, there is no guarantee that ONAM will be the next Binance. And it's also true that there are a lot of exchanges already. But in my opinion, ONAM has features like their AI trade assistant that can help it to stick out of the mass. Yea, you're right, no one knows for sure if they will be the next big thing or not and just like i usually say, stating a concept is far more different than implementation, so they may have all the good features one can think of but without proper implementations, they will go nowhere but i believe they will do justice to this and provide users with another form of creative trading experience |
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They haven’t really been concerned with a public sale to my knowledge they are worrying about getting their tech and testnet working not about longterm cash
yeah, COVA seems to be more concerned about their product than they are after the impact of their token to the crypto scene i believe they want to use their technology to advance human society not for financial gain Yea and i believe that's the right thing to do because once they have a successful implementation of their service(s)/products , the value of the brand will exponentially increase, giving reasons for their existence, welcoming investors and open new opportunities of boundless possibilities, i'm really excited to understand and see what they have to offer |
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I don't know what is the reason but market still falling too much, so my question is that it will impact in the sale or tachain still getting investment from market?
Logically with the buy back policy they recently started they should still get funds coming in Although I haven't checked the figure or the progress of token sales buyback is a very interesting policy for maintaining the value of a token, if tachain is considering using it i would like to believe they understand how it going to help their token Yea, they pretty much has a lot in place to address unforeseen circumstances, even though the team may not be 100% right in terms of effectiveness but it should be enough to curtail some certain key problems that will on a normal situation negatively affect the productivity of the brand but just like i usually say, i don't wish to see the buyback coming into play |
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I think am really up for the whole mining concept here hopefully we get to have some tokens through transaction fee I really like the whole concept they bring it seem pretty unique qnd implementation is really great am looking forward to this and more UI and whole layout looks like Kucoin I think it set the environment ready there
You're right about the concept being unique and that's one of the attractive feature that has attracted a lot of individuals into the project, its quite an advance technology but has eradicated some loopholes that we get to see in most, if not all exchange websites, so its a really welcome development that will help traders achieve their aims |
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The market morale and value is down, I mean there are a lot project already shutting down due to this
This are pretty hard times but Onam continuing what they do is one hell of a big deal and they've got my support
i will like to believe they are capitalizing on the fact that the market will recover soon but i still believe it gonna take some time before the market recovers in most threads it is currently only about the one topic. The big losses in the market. Of course it's bad, so if I look at what my tokens were worth a year ago and what they are worth today, then I could cry too. But I see this as an opportunity to invest in further projects. After all, next year it will almost certainly be the other way around, and then you should have already saddled your horses Isn't there a quote that goes something like 'buy when there's blood in the streets'? If you are still convinced that cryptocurrencies or blockchain projects have a right to exist and that their development is rather at the beginning than at the end, this long bear market can be seen as a great opportunity to stock up coins/tokens of promising projects. You're right, this is the time to get into the market, the blockchain industry has come to stay, with impressive technologies and projects, good concepts coming into the market, the good thing is, its just the beginning and we will likely get to see projects with much more astonishing offers coming into the picture as the industry grows, i'm really confident |
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I am not sure if it has been published somewhere but does anyone know something about the token metrics? I mean, how many tokens are there in total? How many are (were) for sale? How many were airdropped?
May be they haven't released any info on that just yet! They are only doing development of that exchange and its core features! Probably they will release the info later! I don't think they have announced that yet; I think they are still focused in development and private investments. I mean they are quite active on that front and they said they will announce that information so we will wait and see. Maybe they are waiting for the market to stabilize. Market stabilization is what most project are waiting at the moment because the dip was just not expected, however, its the best time to get things ready for the next wave of upscale movement and i hope it will be in favor of the good brands, some school of thought believe that this will help eradicate bad projects as they won't be able to survive this |
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