Canceled

[bitcoincar]

The ICO price at the current funding level after the change to the ICO structure is only 31 Satoshis. I believe anyone that participates will be happy with the new structure and the amount of PB they will receive.

[1715250011]

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[bitcoincar]

I hope the Postbase to give the latest update and always active to give you the most important news for followers of ICO and others ..

Don't worry, the updates will keep coming and the final product will be worth the wait!

[startselect]

Thanks for the update. Hope more people will join the ICO to support the great project.

The dev seems to be incompetent do such a big project. The ico amount tells the thing, he doesn't know promotion or marketing. Maybe this coin will be another coin which can't list on bittrex, like jewels.   

He seems very competent to me. Like a jack of all trades type of guy.

[bitcoincar]

Thanks for the update. Hope more people will join the ICO to support the great project.

The dev seems to be incompetent do such a big project. The ico amount tells the thing, he doesn't know promotion or marketing. Maybe this coin will be another coin which can't list on bittrex, like jewels.   

He seems very competent to me. Like a jack of all trades type of guy.

The lower ICO price in the first round of funding could end up being a big plus for the early ICO supporters. The Jewels project looks like a solid project that will develop over time, it's a little early to worry about it not being listed on Bittrex.

[bitcoincar]

The ICO price at the current funding level after the change to the ICO structure is only 31 Satoshis. I believe anyone that participates will be happy with the new structure and the amount of PB they will receive.

Sorry guys a little calculation error, the price should be calculated on the total inital supply... The price currently sits at 11!

[cowboys]

this dude is killing it with no funds.  imagine if he got around 50 btc.

[Samuray]

this dude is killing it with no funds.  imagine if he got around 50 btc.

He might get there ! 

[bitcoincar]

Quick Update

-Only 17 days left before the end of the ICO
-10.87 BTC has been raised from 27 transactions.
-Current ICO price based on the current amount raised is only 11 satoshis! (The is a significant bargain with the amount of development that is going to go into this coin)
-The ICO structure was adjusted to guarantee a significant portion of the coins with go to ICO participants

[MoneyJ]

Eventually investors will pour their donations as it nears end. They only want to maximize their assets.

[sandman53]

Quick Update

-Only 17 days left before the end of the ICO
-10.87 BTC has been raised from 27 transactions.
-Current ICO price based on the current amount raised is only 11 satoshis! (The is a significant bargain with the amount of development that is going to go into this coin)
-The ICO structure was adjusted to guarantee a significant portion of the coins with go to ICO participants

Thanks for the update, keep the good work up!

[swisswatch]

Thanks for the update. Hope more people will join the ICO to support the great project.

The dev seems to be incompetent do such a big project. The ico amount tells the thing, he doesn't know promotion or marketing. Maybe this coin will be another coin which can't list on bittrex, like jewels.  

I am sure he is quite competent. He is a very smart white guy that has the chops. I trust upon his skills. You know why? I used to be a fraudster and I know a lot about people. Also, Synereo crowdsale was a failure but turned to be rewarding for those who were smart enough to invest in it.

You were fraudster?... BTW, i have seen so many ico devs can't add the coin to bittrex, jewels 300 btc, no bittrex, ion, 300 btc no bittrex, only on yobit shit. and the result will be dead.

[bitcoincar]

Thanks for the update. Hope more people will join the ICO to support the great project.

The dev seems to be incompetent do such a big project. The ico amount tells the thing, he doesn't know promotion or marketing. Maybe this coin will be another coin which can't list on bittrex, like jewels.  

I am sure he is quite competent. He is a very smart white guy that has the chops. I trust upon his skills. You know why? I used to be a fraudster and I know a lot about people. Also, Synereo crowdsale was a failure but turned to be rewarding for those who were smart enough to invest in it.

You were fraudster?... BTW, i have seen so many ico devs can't add the coin to bittrex, jewels 300 btc, no bittrex, ion, 300 btc no bittrex, only on yobit shit. and the result will be dead.

That's a short sighted way of looking at thing. When supporting a coin in the early stages you shouldn't be looking for what exchanges it will be listed on in the short term, you should look at the concept and it's long term potential. I think too many of the ICO investors are just following the crowd and not betting on future potential. When you follow the crowd it's already to late and the potential for upside is limited.

[chichidori]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

[bitcoincar]

ICO Ends In 16 Days! ICO participants will now receive more coins with the updated ICO structure.

Signature BTC bonuses for today have now been sent out

[swisswatch]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

fair enough, if the dev can deliver the revolutionary features, bittrex and polo can be achieved.

[flowerpots]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

fair enough, if the dev can deliver the revolutionary features, bittrex and polo can be achieved.

Sure... IF he can deliver. 

With the current investment of 11 btc there will be 35 million coins distributed among them. And an extra 40 million PB will be held by the dev. So basicaly the dev is holding 65% of the coins with the current investment... I don't know, but I think that's too much for a good distribution of PB's. Also it feels like a pre-mine that is just way too big.

For the record... Every btc will receive around 3,181,818 PB with the current investment of 11 btc.

[bitcoincar]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

fair enough, if the dev can deliver the revolutionary features, bittrex and polo can be achieved.

Sure... IF he can deliver. 

With the current investment of 11 btc there will be 35 million coins distributed among them. And an extra 40 million PB will be held by the dev. So basicaly the dev is holding 65% of the coins with the current investment... I don't know, but I think that's too much for a good distribution of PB's. Also it feels like a pre-mine that is just way too big.

For the record... Every btc will receive around 3,181,818 PB with the current investment of 11 btc.

I would agree with you if the plan was just to clone an existing coin, and only make a few changes. The development that is going to go into Postbase is going to be significant compared to the majority of coins released, and the ICO structure needs to leave room for future funding so the complete plan can be executed successfully. A portion of the coins that are going to be held are also going to be used for user acquisition, another key element to the success of the coin. One of the major reasons that cause a coin to fails is that the development team is only incentivized to work on the coin until the initial coin distribution is completed, do to the fact that all the coins are distributed and there is no mechanism to raise funds after the first ICO round.  Holding some coins for future funding will increase the likelihood for long term success.

[flowerpots]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

fair enough, if the dev can deliver the revolutionary features, bittrex and polo can be achieved.

Sure... IF he can deliver. 

With the current investment of 11 btc there will be 35 million coins distributed among them. And an extra 40 million PB will be held by the dev. So basicaly the dev is holding 65% of the coins with the current investment... I don't know, but I think that's too much for a good distribution of PB's. Also it feels like a pre-mine that is just way too big.

For the record... Every btc will receive around 3,181,818 PB with the current investment of 11 btc.

I would agree with you if the plan was just to clone an existing coin, and only make a few changes. The development that is going to go into Postbase is going to be significant compared to the majority of coins released, and the ICO structure needs to leave room for future funding so the complete plan can be executed successfully. A portion of the coins that are going to be held are also going to be used for user acquisition, another key element to the success of the coin. One of the major reasons that cause a coin to fails is that the development team is only incentivized to work on the coin until the initial coin distribution is completed, do to the fact that all the coins are distributed and there is no mechanism to raise funds after the first ICO round.  Holding some coins for future funding will increase the likelihood for long term success.

Sure, but 65%? I don't think people like the idea that 65% of the coins are "frozen" in the dev's account and can flow out anytime. Are you going to stake with the 65%?

[bitcoincar]

I agree with the dev, if your going to support  a coin think of it as a long term investment not just a pump and dump kind of coin, most of the investors right now is just going to invest for a quick profit, they just want to ride the first wave of buy orders.

fair enough, if the dev can deliver the revolutionary features, bittrex and polo can be achieved.

Sure... IF he can deliver. 

With the current investment of 11 btc there will be 35 million coins distributed among them. And an extra 40 million PB will be held by the dev. So basicaly the dev is holding 65% of the coins with the current investment... I don't know, but I think that's too much for a good distribution of PB's. Also it feels like a pre-mine that is just way too big.

For the record... Every btc will receive around 3,181,818 PB with the current investment of 11 btc.

I would agree with you if the plan was just to clone an existing coin, and only make a few changes. The development that is going to go into Postbase is going to be significant compared to the majority of coins released, and the ICO structure needs to leave room for future funding so the complete plan can be executed successfully. A portion of the coins that are going to be held are also going to be used for user acquisition, another key element to the success of the coin. One of the major reasons that cause a coin to fails is that the development team is only incentivized to work on the coin until the initial coin distribution is completed, do to the fact that all the coins are distributed and there is no mechanism to raise funds after the first ICO round.  Holding some coins for future funding will increase the likelihood for long term success.

Sure, but 65%? I don't think people like the idea that 65% of the coins are "frozen" in the dev's account and can flow out anytime. Are you going to stake with the 65%?

Initially the Postbase delegates will be voted in to forge blocks until the network is stable.  During this stage the block reward will be set at 0, and the Postbase delegates will not earn a reward for forging blocks.  All the coins that are being held have conditions that need to be met before they can be used. The coins being held will be used correctly to add value to the project.  For example the coins held for additional funding will only be issued at or above the ICO price.  This structure will most likely benefit the early ICO participants as there will be fewer coins available for trading in the early days.

[cowboys]

how do you plan do get on big exchanges?