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Author Topic: WINGS ★ Where DAO Unicorns Are Born! ★ Token launched!  (Read 508784 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1 user deleted.)
4rzun4
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December 23, 2016, 07:29:48 PM
 #3001

Is there any threshold? If we can't raise 5000 BTC, will people get refund or project continues?

project continues.  first project DAO (stremio just received 500k from bitmain) is going to happen in March most likely

https://cointelegraph.com/press-releases/stremio-selects-wings-dao-management-platform-for-the-adex-crowdfunding-campaign

Yeah! Wings project has been planned for a long time, and I always support of the first pre-ann (in May).
God Jobs WingsDAO team!

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December 23, 2016, 10:48:29 PM
 #3002

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

It is ridiculous, etc is bad, but 7 times of btc investment, fortunately I didn't invest, how can the gap is so huge?


agreed, wtf is this?  they said BTC deposit bonus but in reality it was 5x worse than other cryptos?  that was not clear at all.  wtf?


and their calculator is offline.  Incredibly misleading allocation rules.  How is it not tied to the capital amount invested? 

I understand this wasn't your intention but people are getting taken advantage of.  complete bullshit if you ask me. 

I have the feeling i will be bending over when the ico ends.

Is there any way to shift my btc investment in wings to an ethereum classic investment in wings?

I suppose the distribution of wings will be fair if all altcoins are 100% funded. And that this is the case if approximately 5000 btc worth of funding is raised.

As you have said funding under 5000 btc may lead to a second ico round. Doesn't this require that the if the altcoins are not 100% funded wings that are allocated to these altcoins should not be distributed fully. So the percentage that is not funded should not be distributed. This would make it more fair in my opinion.


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titan20
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December 23, 2016, 10:58:11 PM
 #3003

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

It is ridiculous, etc is bad, but 7 times of btc investment, fortunately I didn't invest, how can the gap is so huge?


agreed, wtf is this?  they said BTC deposit bonus but in reality it was 5x worse than other cryptos?  that was not clear at all.  wtf?


and their calculator is offline.  Incredibly misleading allocation rules.  How is it not tied to the capital amount invested? 

I understand this wasn't your intention but people are getting taken advantage of.  complete bullshit if you ask me. 

I have the feeling i will be bending over when the ico ends.

Is there any way to shift my btc investment in wings to an ethereum classic investment in wings?

I suppose the distribution of wings will be fair if all altcoins are 100% funded. And that this is the case if approximately 5000 btc worth of funding is raised.

As you have said funding under 5000 btc may lead to a second ico round. Doesn't this require that the if the altcoins are not 100% funded wings that are allocated to these altcoins should not be distributed fully. So the percentage that is not funded should not be distributed. This would make it more fair in my opinion.

i don't understand the wings allocation calculator. The allocations for btc funded investment is 70% of all wingtokens.

You said you wanted a minimum raise of 5000 btc. So i would expect at least 3500 btc (70% of 5000 btc) to be raised. But the 70% allocated wingtokens are being distributed with just over 1343 of btc funding. How come?


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December 24, 2016, 04:19:42 AM
 #3004

Yes but it still doesn't tell the plan with the fund under 5k BTC. I'm afraid both the token distribution and the listing on exchanges may delay because of that.

As mentioned before, we will publish an updated roadmap after the token campaign is over, once we know exactly the collected amounts and the final project budget.

Ok but it's almost confirmed the minimal funding goal won't be reached. Many potential investors include me still hesitate to invest due to the uncertainty of Wings future plans.

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December 24, 2016, 07:38:54 AM
 #3005

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WOW! Getting 7 times more returns by investing ETC is pretty good for those people who have invested with ETC. I have invested early by using bitcoin too. So, I missed it out. Not planning to make any more additional investments.

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December 24, 2016, 09:15:23 AM
 #3006

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WOW! Getting 7 times more returns by investing ETC is pretty good for those people who have invested with ETC. I have invested early by using bitcoin too. So, I missed it out. Not planning to make any more additional investments.

Do not worry, in the end all be leveled. All will start to invest more in altcoins.

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titan20
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December 24, 2016, 10:48:24 AM
 #3007

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WOW! Getting 7 times more returns by investing ETC is pretty good for those people who have invested with ETC. I have invested early by using bitcoin too. So, I missed it out. Not planning to make any more additional investments.

Do not worry, in the end all be leveled. All will start to invest more in altcoins.

Why do you think so? This info was not common knowledge at the start. The people who wanted to invest already did. Do you think people that were not interested from the start will invest, because they intensely follow the thread in a coin not worthy of their investment? Maybe the btc investors will make an additional investment with alt coins to make up on their loss. But that is like blackmailing the btc investors.

fact is that there were  5 separate ico's which do not have a relation whith each other. This should have been communicated better.


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prophetx
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December 24, 2016, 11:32:54 AM
 #3008

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WOW! Getting 7 times more returns by investing ETC is pretty good for those people who have invested with ETC. I have invested early by using bitcoin too. So, I missed it out. Not planning to make any more additional investments.

Do not worry, in the end all be leveled. All will start to invest more in altcoins.

Why do you think so? This info was not common knowledge at the start. The people who wanted to invest already did. Do you think people that were not interested from the start will invest, because they intensely follow the thread in a coin not worthy of their investment? Maybe the btc investors will make an additional investment with alt coins to make up on their loss. But that is like blackmailing the btc investors.

fact is that there were  5 separate ico's which do not have a relation whith each other. This should have been communicated better.

a lot of people wait until the end b/c they dont know what the price of BTC or some alt is.


MFahad
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December 24, 2016, 01:05:20 PM
 #3009

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WOW! Getting 7 times more returns by investing ETC is pretty good for those people who have invested with ETC. I have invested early by using bitcoin too. So, I missed it out. Not planning to make any more additional investments.


However, the team should look into this matter and comment their intention.
I don't think they did this with an intention to scam anyone.


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December 24, 2016, 01:42:32 PM
 #3010

The terms say alreadym each coin has different proportion of total supply in ico, so this is impossible to be same, bitcoin is the most popular to invest, that is why it gets only 1/7 of etc, etc lacks of fund

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chest burster
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December 24, 2016, 02:59:12 PM
 #3011

I am trying to invest with some xrp but it keeps saying my xrp address is invalid  Huh  Can anyone help me?
MorAltsPlease
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Fear only from the fear itself


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December 24, 2016, 03:45:44 PM
 #3012


Hey Wings team, will you provide a tool to see that we have the correct Seed before you distribute the coins??

I believe that is essential, and was well execute at Lisk.

Keep with the good work
tusandii
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December 24, 2016, 03:56:48 PM
 #3013

I still curious with the wings calculator, why Investing in ETC has a Huge distance Than in Btc with 30%bonuse while The Bitcoin Value keep raising

anyone can help this just with easy words?
prophetx
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December 24, 2016, 05:05:39 PM
 #3014

I still curious with the wings calculator, why Investing in ETC has a Huge distance Than in Btc with 30%bonuse while The Bitcoin Value keep raising

anyone can help this just with easy words?

it's because each coin has a distinct allocation btc gets 70% of the 75 million wings, ETH get 15%, and so on.

https://blog.wings.ai/get-ready-wings-dao-details-revealed-d8baaa33a33#.yahwmkk3d

wings.ai
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Community policed, priced and promoted ICOs on Eth


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December 24, 2016, 05:08:23 PM
 #3015


Season’s Greetings & Good Tidings from WINGS Foundation: WINGS Foundation has received a Google Ad Grants award

https://blog.wings.ai/seasons-greetings-good-tidings-from-wings-foundation-a41aee75de8b

YNWA2806
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December 24, 2016, 09:41:17 PM
 #3016


Hey Wings team, will you provide a tool to see that we have the correct Seed before you distribute the coins??

I believe that is essential, and was well execute at Lisk.

Keep with the good work

I totally agree
Its not something that requires to much but will save a lot of heart ache later
housebtc
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December 24, 2016, 10:25:20 PM
 #3017

I still curious with the wings calculator, why Investing in ETC has a Huge distance Than in Btc with 30%bonuse while The Bitcoin Value keep raising

anyone can help this just with easy words?

it's because each coin has a distinct allocation btc gets 70% of the 75 million wings, ETH get 15%, and so on.

https://blog.wings.ai/get-ready-wings-dao-details-revealed-d8baaa33a33#.yahwmkk3d




This makes perfect sense. All fair from the start. Thank you.

I don't think this make sense, it must be error of such why would they give priority to some tokens more than other.
yhlsqj
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December 25, 2016, 01:28:06 AM
 #3018

It makes sense, the more people donated to btc slice of the pie, then they get less because of split among btc donors...even the pie for btc is much bigger than etc and xrp (btc had the bigger bonus/portion, so that isn't fair for xrp, etc holders if you want to think it like that). Not much donated in xrp and etc, so that slice of the pie will yield more. If you want, go donate some xrp and etc.


btc 70% slice of the pie is super huge compare to xrp and etc. All is fair. Everyone should read before throwing funds then complain and whine.

Yes, some people didn't read the terms carefully and yelling scam and unfair, it is my first time to see such a structure of donation/ico, but it will teach us, read the rules&terms carefully in the future.

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Revelations86
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December 25, 2016, 03:15:15 AM
 #3019

It makes sense, the more people donated to btc slice of the pie, then they get less because of split among btc donors...even the pie for btc is much bigger than etc and xrp (btc had the bigger bonus/portion, so that isn't fair for xrp, etc holders if you want to think it like that). Not much donated in xrp and etc, so that slice of the pie will yield more. If you want, go donate some xrp and etc.


btc 70% slice of the pie is super huge compare to xrp and etc. All is fair. Everyone should read before throwing funds then complain and whine.

Yes, some people didn't read the terms carefully and yelling scam and unfair, it is my first time to see such a structure of donation/ico, but it will teach us, read the rules&terms carefully in the future.

You are absolutely right.  The BTC "donators" are not the only ones that will get scammed, but everyone will.  Remember, that the terms lay out that you are giving away your money to them with no obligation on their part to do absolutely anything.

The early original BTC bonus on their part was very misleading to the BTC donators and they did not make the calculator public until now.  Don't think they did not know that this would happen.  They've now done this on purpose to get the BTC donators to contribute more in alt coins in order to level out their losses.  

The more I see these ICO scams, the more I am utterly horrified at how much these scumbags are taking advantage of people.  The tokens haven't been launched and they've already screwed over people.  What an absolute shame and they won't even comment or respond on how they intend to make this fair for everyone.   


 
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December 25, 2016, 04:11:47 AM
Last edit: December 25, 2016, 04:37:24 AM by BTCMORGAN
 #3020

Thanks for the calculator, but this is HORRIBLE. I can get more than 7 times more Wings with ETC than with BTC. Now I feel like I wasted my 5 BTC on this crowdfund (I could've spent 7 times less using some shitcoin and get the same amount of WINGS!). So don't give me this BS trying to justify this. This whole cryptocurrency allocation thing is a big FAIL and you know it.  I get that you guys were expecting some sort of equilibrium, but it is not going to happen (ESPECIALLY IF YOU HAVE A VERY MISLEADING ***EXCLUSIVE*** BONUS FOR BTC INVESTMENTS)! Please change the design and just allocate Wings based on $ value invested, otherwise this is a big FAIL and I have wasted 5 BTC. I feel really pissed off.

Disclaimer: I was not aware of the stupid allocation rules when investing. In fact, I actually didn't want to invest with BTC but with ETH, but then there was some stupid exclusive bonus for BTC investors. MISLEADING!

Example:
1 BTC investment (=$908) gives me 33,322 Wings
867.7 ETC investment (=$908) gives me 247,326 Wings

That's more than 7 times more WINGS for the same amount of dollars in value!

Of course I know that it wasn't your intention to get a situation like this. But this situation is reality now and you have to agree that it is massively unfair! I suggest to fix this poor ICO design, because this is just wrong. Please change WINGS allocation based on $ value invested, it is the only way to fix this big mess.

EDIT:
Thanks guys, now I felt like I had to invest 1 BTC worth of ETC to increase my WINGS/$ invested ratio, just so that I feel scammed just a little bit less.

WTF?Huh? I also invested almost 3 BTC in this. This situation is completely fucked up.  Why do they only now choose to put the calculator on their ICO site and not before???  They clearly misled us with the 30% initial bonus.   I would understand if there is a minor imbalance, but by 7X?  This is completely unacceptable!!

WINGS.AI.  HOW THE HELL DO YOU EXPECT PEOPLE TO CONTINUE INVESTING IF YOU HAVE ALREADY PROVEN YOURSELF UNTRUSTWORTHY!!! PLEASE RECTIFY THIS IMBALANCE  BY ALLOCATING THE AMOUNT OF WINGS TO EACH COIN PROPORTIONAL TO THE AMOUNT INVESTED AT THE END OF THE ICO.   AS OTHERS HERE ARE DEMANDING, PLEASE RESPOND AS TO HOW YOU WILL CORRECT THIS IMBALANCE.  

YOU DO REALIZE THAT MANY PEOPLE ARE WAITING ON THE SIDELINES TO INVEST BASED ON HOW THIS ICO UNFOLDS?  IF YOU PLAN TO SCREW OVER THE ONLY PEOPLE THAT TRUSTED YOU WITH THE ALLOCATION, THEN HOW DO YOU EXPECT FUTURE INVESTORS TO TRUST YOU??   PLEASE DO WHAT'S RIGHT AND PROVE THAT YOU ARE TRUSTWORTHY.  OTHERWISE, PLEASE REFUND MY BTC.
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