scifi.rem
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RISE Co-Founder
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May 23, 2016, 12:06:32 AM |
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So ICO raised at ~170 BTC, that's a very nice amount. My question is: How many BTC is needed to start Acre Project? There is a fix amount? 1000 2000 etc? If ICO will not rise at needed amount, what will happen with Acre Project ?
This seems to be a big question. I'll probably write an article to explain this in the next day or two. The quick answer is that we would need around 1250 btc in order to move comfortably into the Acre Project while still working fulltime on our core Rise project. However, if we fall just shy of that figure then we would certainly reassess what can be done. The idea is to make sure that not just the legal framework is implemented properly but to enter into real estate that provided a high enough ROI to make it worthwhile for token holders. Regardless of whether we decide to move into Acre or not, we will still execute all of Rise's goals. Thanks for the question. -rem
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neolinkhati
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Premium
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May 23, 2016, 12:42:25 AM |
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TeamButtcoin
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May 23, 2016, 02:25:33 AM |
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So ICO raised at ~170 BTC, that's a very nice amount. My question is: How many BTC is needed to start Acre Project? There is a fix amount? 1000 2000 etc? If ICO will not rise at needed amount, what will happen with Acre Project ?
This seems to be a big question. I'll probably write an article to explain this in the next day or two. The quick answer is that we would need around 1250 btc in order to move comfortably into the Acre Project while still working fulltime on our core Rise project. However, if we fall just shy of that figure then we would certainly reassess what can be done. The idea is to make sure that not just the legal framework is implemented properly but to enter into real estate that provided a high enough ROI to make it worthwhile for token holders. Regardless of whether we decide to move into Acre or not, we will still execute all of Rise's goals. Thanks for the question. -rem I understand, thank you for your answer and explanation.
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Alty
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May 23, 2016, 06:14:46 AM |
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Last Day of 15% Bonus:
In just over 24 hours we'll switch to 10% bonus.
In other news:
We are actively looking for somebody to interview our lead developer. If any of the community can help us find an interviewer faster then please get in contact.
A new team member, who will be the first Rise "Community Manager" is going to be announced soon.
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tomkat
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May 23, 2016, 06:47:01 AM |
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I'm skeptical of most projects like this I see as of late, but I still threw some change at the ICO because why not?
That's my approach too - A fraction of BTC doesn't hurt too much, so why not :-)
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target
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May 23, 2016, 07:17:29 AM |
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@jdr0dn3y: Thank you for response @cannabanana: Funding & Comunity informations are not something we could compare in diffrend stages of both coins But yeah my point is that "mindblowing features" like smart contracts, gui builder, other programming languages functionalities will be completed after mainet launch which kinda worries me. Anyway i will watch this closely and it might be a nice project. Exactly whats worrysome is that it only have 170 btc when this project is a lot better than those of the past. The timing isn't too perfect perhaps because there are lots of projects being thrown on the table and this was overseen. I saw this project on a facebook group actually but too few get to hype it. it needs about 1250 Btc for the ACRE project as well.
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Brewins
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May 23, 2016, 08:10:26 AM |
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Couple of quick questions if you could answer them would be helpful. 1- I see most of the people on the team are in the U.S. and noticed the 1 "construction guy" is in France. Why was France chosen as the building site (other than the obvious answer that the construction guy is in France). Legalalities here in the US are costly enough and I would suspect that International expenses would be expontentially more costly. 2- I think that spending investor money on Real Estate might pull in a few investors but it also could scare off a lot of people (it scares me). Example, we pay for a building and Rise goes belly up. Then what claim do I have on the building that I am suppose to get dividends on, or more directly, there is no way in hell a guy that puts in a couple of Bitcoin is going to hire a $1000/hr international attorney to try and retrieve dividends from a building in France. It raises suspicion, at least for me. 3. Lastly, I think you have your hands full with coding and such, spending time building a place and submitting plans, architecture design and getting permits is not a valuable use of ones time in developing a crypto currency or token. I am invested in Waves, LISK, DAO and Eth- sell me on why I should invest in Rise - (please don't mention Acres- )
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brightlight
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May 23, 2016, 09:47:20 AM |
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ICO invest button leads to 502 Bad Gateway error.
Is it serious for such a loud ANN?
Not exactly!
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jdr0dn3y
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AO Blockchain Founder | Lead Developer
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May 23, 2016, 10:17:34 AM |
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ICO invest button leads to 502 Bad Gateway error.
Is it serious for such a loud ANN?
Not exactly!
We had a brief server outage. It took a couple minutes for the server to come back online, but it did so on its own. That is why you received the 502 error.
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scifi.rem
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Activity: 168
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RISE Co-Founder
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May 23, 2016, 10:39:40 AM |
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@jdr0dn3y: Thank you for response @cannabanana: Funding & Comunity informations are not something we could compare in diffrend stages of both coins But yeah my point is that "mindblowing features" like smart contracts, gui builder, other programming languages functionalities will be completed after mainet launch which kinda worries me. Anyway i will watch this closely and it might be a nice project. Exactly whats worrysome is that it only have 170 btc when this project is a lot better than those of the past. The timing isn't too perfect perhaps because there are lots of projects being thrown on the table and this was overseen. I saw this project on a facebook group actually but too few get to hype it. it needs about 1250 Btc for the ACRE project as well. I am just about done with an article to explain a little bit more about our Rise and Acre projects. I think there are some concerns I can put to rest for some people. I will share in this thread very soon. Couple of quick questions if you could answer them would be helpful. 1- I see most of the people on the team are in the U.S. and noticed the 1 "construction guy" is in France. Why was France chosen as the building site (other than the obvious answer that the construction guy is in France). Legalalities here in the US are costly enough and I would suspect that International expenses would be expontentially more costly. 2- I think that spending investor money on Real Estate might pull in a few investors but it also could scare off a lot of people (it scares me). Example, we pay for a building and Rise goes belly up. Then what claim do I have on the building that I am suppose to get dividends on, or more directly, there is no way in hell a guy that puts in a couple of Bitcoin is going to hire a $1000/hr international attorney to try and retrieve dividends from a building in France. It raises suspicion, at least for me. 3. Lastly, I think you have your hands full with coding and such, spending time building a place and submitting plans, architecture design and getting permits is not a valuable use of ones time in developing a crypto currency or token. I am invested in Waves, LISK, DAO and Eth- sell me on why I should invest in Rise - (please don't mention Acres- ) Thanks for the questions. The idea came about by Cormac because of his passion for construction. However, the many discussions we've had included both a U.S. based and France based Acre project. And you are correct. One of the biggest hurdles for Acre is the legal ramifications. To answer #2 I would like to refer you to my article which is about done. Investing in Rise is different than investing in Acre. Acre would be a separate future sidechain project, issuing its own tokens. It would be an option. Of course we want to reward our Rise holders if they do choose to want to participate. For those who aren't comfortable with it don't have to be part of it. Other people who like the idea may want to jump on board. But the Acre project is still being explored. Our core project is Rise. Justin is hard at work with that. You can see our white paper on that here: https://rise.vision/blog/post/rise-technology-white-paperYou can see how we started with a Lisk clone and we're working to separate out and offer more features here: https://rise.vision/blog/post/how-is-rise-different-from-liskAlso you can take a look at our fancy roadmap chart here:
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scifi.rem
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RISE Co-Founder
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May 23, 2016, 11:11:06 AM |
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I just published a new article on our blog to explain a bit more about Acre and what it is, and how it pertains to our core project Rise. How did the idea of Acre come about and how much funding is needed? Read more at the following link: How Much Funding Does Rise Need in Order to Develop Acre?
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Scott J
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May 23, 2016, 12:22:59 PM |
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For the Twitter campaign, what do you have to re-tweet to qualify?
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scifi.rem
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Activity: 168
Merit: 100
RISE Co-Founder
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May 23, 2016, 01:09:40 PM |
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For the Twitter campaign, what do you have to re-tweet to qualify?
You can retweet anything that Rise has initially tweeted
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Scott J
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May 23, 2016, 01:13:49 PM |
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For the Twitter campaign, what do you have to re-tweet to qualify?
You can retweet anything that Rise has initially tweeted Great - thanks for his, I have now done so
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paijoe
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May 23, 2016, 01:19:13 PM |
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today I participate ico
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brightlight
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May 23, 2016, 03:02:33 PM |
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ICO invest button leads to 502 Bad Gateway error.
Is it serious for such a loud ANN?
Not exactly!
We had a brief server outage. It took a couple minutes for the server to come back online, but it did so on its own. That is why you received the 502 error. Thank you for fast reply!
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thoth-Atlantian
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May 23, 2016, 03:08:28 PM |
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Hmmm, essentially just commenting so it comes up in my thread later... could be interesrting
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tomkat
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May 23, 2016, 04:41:10 PM |
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Couple of quick questions if you could answer them would be helpful. 1- I see most of the people on the team are in the U.S. and noticed the 1 "construction guy" is in France. Why was France chosen as the building site (other than the obvious answer that the construction guy is in France). Legalalities here in the US are costly enough and I would suspect that International expenses would be expontentially more costly. 2- I think that spending investor money on Real Estate might pull in a few investors but it also could scare off a lot of people (it scares me). Example, we pay for a building and Rise goes belly up. Then what claim do I have on the building that I am suppose to get dividends on, or more directly, there is no way in hell a guy that puts in a couple of Bitcoin is going to hire a $1000/hr international attorney to try and retrieve dividends from a building in France. It raises suspicion, at least for me. 3. Lastly, I think you have your hands full with coding and such, spending time building a place and submitting plans, architecture design and getting permits is not a valuable use of ones time in developing a crypto currency or token. I am invested in Waves, LISK, DAO and Eth- sell me on why I should invest in Rise - (please don't mention Acres- ) Just a suggestion to RISE Team - forget about the project Acre please and focus on building good coin. The above it's not first (and certainly not the last) opinion full of doubts about that Acre thing. If you are passionate about construction, proceed with Acre on your own, but these 2 areas (construction/development and cryptocurrency) are so far away from each other, that such idea doesn't build credibility and the vision isn't clear.
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Skyrik
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May 23, 2016, 04:41:53 PM |
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I just published a new article on our blog to explain a bit more about Acre and what it is, and how it pertains to our core project Rise. How did the idea of Acre come about and how much funding is needed? Read more at the following link: How Much Funding Does Rise Need in Order to Develop Acre?hi man! Do you contact with cyber.fund?
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