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Author Topic: [ANN] Ahoolee presale - first search engine for online shopping!  (Read 11099 times)
Ahooleeman
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September 07, 2017, 04:30:52 PM
 #161

Which means: " In 6 months we’ll increase the number of AXT in the system to 1 billion " ??  So the total number of coins will be 1 000 000 000 AXT.  The idea is good, but I do not see any news that the team is behind the Russian oligarchs.  The ordinary guys from Russia do not have the funding to run a big project.  I wish you success, but I will not invest, I am afraid to trust my money to poor students.

Where did you read about billion of coins? We've already created 100,000,000 AHT and there will never be more.
If there would be Russian oligarchs behind us, we won't go to ICO.
Thanks for your opinion.

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September 07, 2017, 05:52:52 PM
 #162

"...Price 1 AHT = $0.15 - $0.4
Cash will go to development of in-house blockchain as a fork of Ethereum, to wallet development, to mining launch and to product marketing. In 6 months we’ll increase the number of SKUs in the system to 1 billion and the number of stores in the system to 50 000. Also we’ll develop and launch an assessor cabinet to teach machine learning matching algorithms. Not less than 20% of funds will go to product marketing in a few countries."
        Please explain, this sentence is highlighted in red.  These are your words at the beginning of this forum.  
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September 08, 2017, 09:25:23 AM
 #163

"...Price 1 AHT = $0.15 - $0.4
Cash will go to development of in-house blockchain as a fork of Ethereum, to wallet development, to mining launch and to product marketing. In 6 months we’ll increase the number of SKUs in the system to 1 billion and the number of stores in the system to 50 000. Also we’ll develop and launch an assessor cabinet to teach machine learning matching algorithms. Not less than 20% of funds will go to product marketing in a few countries."
        Please explain, this sentence is highlighted in red.  These are your words at the beginning of this forum.  

SKU means the number of goods in the system.

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September 10, 2017, 12:21:59 PM
 #164

do you offer translation bounties?

[financial_analyst] THE Greek Translator/Moderator Specialized in FinTech/Accounting/Investments/Insurance | Previous Work
Please note that I am highly selective in the ICOs I reserve, given that I consider my bounty participation a long-term commitment. I do not rush to sell the coins/tokens I collect as soon as they are listed in exchanges. If my client is interested, I can provide a vesting period.
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September 10, 2017, 08:00:40 PM
 #165

do you offer translation bounties?

No

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September 12, 2017, 01:54:45 PM
 #166

Sorry you didn't meet the softcap at least I got to experience how to get the refund through MEW.  Never did that before.

Hope the project re-energizes next time!

Ahooleeman
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September 12, 2017, 02:34:21 PM
 #167

Dear friends,

Unfortunately we didn't reach soft cap, that's why every investor will get refund. To receive refund please go to https://ahoolee.io/tokensale and follow our instructions.

We have analyzed all our steps and identified our mistakes:

1. The most important thing is that we didn't communicate personally with professional investors. We did it on pre-sale but on ICO we were confident about closing the round in any case. This time we were counting on the completed questionnaires: they showed us about $4M of possible investments and we decided that we would definitely collect $1M. One of our recommendations for those who conduct ICO is to start with personal agreements with investors about closing minimum soft-cup amount, and only then go on to ICO launch.

2. We used too complicated ICO scheme. We decided to go against market rules and act as it is accepted in the venture market - to collect a small round with a huge discount, then collect some more but still with a big discount, etc. We carried out our rounds far apart in time. Such scheme normally work on the venture market but there are other rules in the ICO market. Apparently, crypto investors didn't understand the meaning of this scheme and didn't want to join it.

3. Huge discounts on pre-sale and seed-round. We focused on the amount of venture rounds in calculating tokens prices. In venture market, a huge discount is given at the pre-seed round due to the huge risks. It turned out that in the ICO market such a discount only discourages investors.

4. Description of the project was too complex. Unfortunately, we were not able to convey the idea of the project to regular users. It is necessary to present the project in such a way that any user could understand by one phrase whether he needs it or not.

5. PR in mass media was not provided in time. Well, our partners let us down and we didn't see the necessary articles before the ICO launch. Plan budget for paid publications for such cases!

6. Work with the community should be more active. We got an active Russian-speaking community and very inactive English-speaking one. Also we moved the links to all communities to the bottom of the landing page, which didn't contribute to users involvement. By the way, in our experience, slack is evil. There’s constant spam and scam. Also, we practically didn't make any newsletters to our subscribers, which is bad! Work hard with your email database, as it pays off.

7. Advisors are needed from the very beginning. We attracted the advisers quite late. I can not say that this is critical, but it is useful to have them.

8. Our overconfidence didn’t help as well. In fact, it affected everything but one of the most serious consequences is a too complicated smart contract followed by inability to extend the duration of the ICO, etc.

What conclusions we have made and what we will do next: we will repackage the product and may be even rebrand it. We aim to communicate the globality of our idea to the big investors. We will conduct pre-sale and ICO according to the usual market scheme, attracting professional investors in advance. This is just the beginning!

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September 14, 2017, 08:56:37 AM
 #168

Dear friends,

Unfortunately we didn't reach soft cap, that's why every investor will get refund. To receive refund please go to https://ahoolee.io/tokensale and follow our instructions.

We have analyzed all our steps and identified our mistakes:

1. The most important thing is that we didn't communicate personally with professional investors. We did it on pre-sale but on ICO we were confident about closing the round in any case. This time we were counting on the completed questionnaires: they showed us about $4M of possible investments and we decided that we would definitely collect $1M. One of our recommendations for those who conduct ICO is to start with personal agreements with investors about closing minimum soft-cup amount, and only then go on to ICO launch.

2. We used too complicated ICO scheme. We decided to go against market rules and act as it is accepted in the venture market - to collect a small round with a huge discount, then collect some more but still with a big discount, etc. We carried out our rounds far apart in time. Such scheme normally work on the venture market but there are other rules in the ICO market. Apparently, crypto investors didn't understand the meaning of this scheme and didn't want to join it.

3. Huge discounts on pre-sale and seed-round. We focused on the amount of venture rounds in calculating tokens prices. In venture market, a huge discount is given at the pre-seed round due to the huge risks. It turned out that in the ICO market such a discount only discourages investors.

4. Description of the project was too complex. Unfortunately, we were not able to convey the idea of the project to regular users. It is necessary to present the project in such a way that any user could understand by one phrase whether he needs it or not.

5. PR in mass media was not provided in time. Well, our partners let us down and we didn't see the necessary articles before the ICO launch. Plan budget for paid publications for such cases!

6. Work with the community should be more active. We got an active Russian-speaking community and very inactive English-speaking one. Also we moved the links to all communities to the bottom of the landing page, which didn't contribute to users involvement. By the way, in our experience, slack is evil. There’s constant spam and scam. Also, we practically didn't make any newsletters to our subscribers, which is bad! Work hard with your email database, as it pays off.

7. Advisors are needed from the very beginning. We attracted the advisers quite late. I can not say that this is critical, but it is useful to have them.

8. Our overconfidence didn’t help as well. In fact, it affected everything but one of the most serious consequences is a too complicated smart contract followed by inability to extend the duration of the ICO, etc.

What conclusions we have made and what we will do next: we will repackage the product and may be even rebrand it. We aim to communicate the globality of our idea to the big investors. We will conduct pre-sale and ICO according to the usual market scheme, attracting professional investors in advance. This is just the beginning!


Hi guys!

What do you think about #5? Why the articles were published too late? because of your media-partners or because of they were free (not paid)Huh
GaPR
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October 09, 2017, 04:37:53 PM
 #169

Guys, most importantly, your sincere intentions to work to create a strong project, your desire to enrich investors.  Russia is a country of talented youth, I'll be waiting for your next ICO.
Ahooleeman
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October 15, 2017, 02:25:55 PM
 #170

Hi guys!

What do you think about #5? Why the articles were published too late? because of your media-partners or because of they were free (not paid)Huh

Both, we should look for it and use paid articles as soon as we see, we don't have free already. But we just believed at our partners and it was a mistake.

Quote
Guys, most importantly, your sincere intentions to work to create a strong project, your desire to enrich investors.  Russia is a country of talented youth, I'll be waiting for your next ICO.

Thanks a lot!

While we were engaged in the Ahoolee project, we realized that the problem is more global than we saw it. We find out that with the help of blockchain technology you can build a very good infrastructure for e-commerce, unlike on-line, where everything is chaotic, where each store / marketplace has its own nomenclature!
Now we are proud to accounce you Elementh - the protocol for e-commerce!

The main advantages of the Elementh blockchain:
1. Turing-complete programming language.
2. Ability to use a unified product card.
3. Function for transfer of ownership.
4. The ability to create decentralized applications for the world of e-commerce.

Detailed White Paper you can read here - https://drive.google.com/file/d/0B4v9xotckTktRjVWUFZTWmFIblk/view.
Concerning the ICO - we can not tell exact dates at the moment, as for Elementh we choose a slightly different mechanics, according to which we will attract investments: first we'll go to funds and large investors, and based on their feedback we will determine the date of the ICO.
Stay tuned!

jlee9562
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October 20, 2017, 06:57:10 PM
 #171

Hi, I'm trying to receive a refund for the Ahoolee ICO.  I am using myetherwallet but do not know what to select for the drop down menu 'Select Existing Contract'. I do not see AHT in the drop down list. Does this matter for receiving the refund?
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