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Stein
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April 29, 2017, 12:01:05 AM |
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I get where you're coming from, but just so you're duly warned: we crowdfunded $1.1 million and distributed 23 million Incent. Anyone who holds any Incent at all might dump it at any point, and the market is thin enough to take it down to zero if someone really wants to.
Hmm.. So $1.1 million/$23 million= $.047826 = 0.00003356 BTCSo really we are up tremendously at 246.06% to .00011614 How many of the 23 million were sold at the ICO ? |
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Crypto_FreeMan
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April 29, 2017, 12:19:23 AM |
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How soon will start buyback system work?
I think you will do some momentum after mobilego ico and encryptotel. that's 100 btc will flow in incent not bad.
How will be realized those buyback system? in parts or market bought?
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KarlKarlsson_ (OP)
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April 29, 2017, 06:59:50 AM |
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How do I pull my INCNT off the ICO website?
There's no withdraw or transfer button.
Thanks in advance.
Shoot me a private message with your ICO e-mail address. Make sure to add a Waves address too. How soon will start buyback system work?
I think you will do some momentum after mobilego ico and encryptotel. that's 100 btc will flow in incent not bad.
How will be realized those buyback system? in parts or market bought?
The cash back Incent are purchased with market buys. Most of it has already been purchased, though. |
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DonApp
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April 29, 2017, 07:40:28 AM |
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I get where you're coming from, but just so you're duly warned: we crowdfunded $1.1 million and distributed 23 million Incent. Anyone who holds any Incent at all might dump it at any point, and the market is thin enough to take it down to zero if someone really wants to.
Hmm.. So $1.1 million/$23 million= $.047826 = 0.00003356 BTCSo really we are up tremendously at 246.06% to .00011614 How many of the 23 million were sold at the ICO ? Yes, even up with more than 300% in fiat, but apparently that is not enough for some people. I am really happy with it, and will hold for long term for sure! |
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Cassius
Legendary
 Offline
Activity: 1764
Merit: 1031
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April 29, 2017, 08:58:34 AM |
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I get where you're coming from, but just so you're duly warned: we crowdfunded $1.1 million and distributed 23 million Incent. Anyone who holds any Incent at all might dump it at any point, and the market is thin enough to take it down to zero if someone really wants to.
Hmm.. So $1.1 million/$23 million= $.047826 = 0.00003356 BTCSo really we are up tremendously at 246.06% to .00011614 How many of the 23 million were sold at the ICO ? Yes, even up with more than 300% in fiat, but apparently that is not enough for some people. I am really happy with it, and will hold for long term for sure! I think 10-12% were reserved for team, partners, etc - I can't remember offhand but it's somewhere in the thread... The headline figures you give are a little misleading, because BTC was much lower in October/November, when we crowdfunded. So I think the fiat price of tokens was around $0.06 for most people (there were discounts for larger, earlier investors). As often happens with alts, when BTC started rising Incent dropped in BTC terms, staying roughly even in fiat. Then when BTC's rise slowed and we got closer to deployment with the ICOs, Incent rose in BTC terms. So net: yes, Incent is up perhaps 250% in fiat terms, up a little in BTC terms right now. |
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andhar
Member
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Activity: 127
Merit: 10
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April 30, 2017, 11:29:44 AM |
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Going up again, dumpers can only take the market down by so much.
This is still just the start, in for the long hodl.
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CryptoGuu
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April 30, 2017, 01:51:16 PM |
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Going up again, dumpers can only take the market down by so much.
This is still just the start, in for the long hodl.
it dumps because they can't even program a working ico platform. MobileGo and Encryptotel ICO's are a mess with their ico platform. It deserves to get dumped back to 1m$ market cap. |
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TalesfromtheCrib
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Activity: 65
Merit: 10
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April 30, 2017, 02:01:11 PM |
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op has many dead links  |
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Stratagem
Member
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Activity: 68
Merit: 10
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April 30, 2017, 08:22:18 PM |
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How do I pull my INCNT off the ICO website?
There's no withdraw or transfer button.
Thanks in advance.
Shoot me a private message with your ICO e-mail address. Make sure to add a Waves address too. How soon will start buyback system work?
I think you will do some momentum after mobilego ico and encryptotel. that's 100 btc will flow in incent not bad.
How will be realized those buyback system? in parts or market bought?
The cash back Incent are purchased with market buys. Most of it has already been purchased, though. Done. Just waiting. |
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KarlKarlsson_ (OP)
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May 01, 2017, 09:32:08 AM |
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Going up again, dumpers can only take the market down by so much.
This is still just the start, in for the long hodl.
it dumps because they can't even program a working ico platform. MobileGo and Encryptotel ICO's are a mess with their ico platform. It deserves to get dumped back to 1m$ market cap. There have been some issues but nonetheless it's a working ICO platform able to crowdfund millions of dollars. That's what counts the most. op has many dead links Fixed, thanks. |
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darlidada
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May 02, 2017, 10:01:14 PM |
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Total supply is 46M
Circulating supply is 23M
But if you guys give coins to PR firms and other busienss from the total supply, doesnt that make the circulating supply a lot bigger ? How much you gave away already from the total supply?
seems, right now you need to multiply marketcap by 2 to get the value of incent right
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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May 03, 2017, 04:50:22 AM |
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Total supply is 46M
Circulating supply is 23M
But if you guys give coins to PR firms and other busienss from the total supply, doesnt that make the circulating supply a lot bigger ? How much you gave away already from the total supply?
seems, right now you need to multiply marketcap by 2 to get the value of incent right
Not from the total supply. The 23 million Reserve is untouched. |
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Figatko
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May 03, 2017, 09:34:03 AM |
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What about the smartphone wallet? When it will be ready and where can I check it, see some progress?
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KarlKarlsson_ (OP)
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May 03, 2017, 10:13:37 AM |
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What about the smartphone wallet? When it will be ready and where can I check it, see some progress?
The smartphone application is in the works. It will be released with the integration of the first merchant, most probably. |
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darlidada
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May 03, 2017, 11:26:55 AM |
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Total supply is 46M
Circulating supply is 23M
But if you guys give coins to PR firms and other busienss from the total supply, doesnt that make the circulating supply a lot bigger ? How much you gave away already from the total supply?
seems, right now you need to multiply marketcap by 2 to get the value of incent right
Not from the total supply. The 23 million Reserve is untouched. How can we know for sure? is there a smart contract preventing anything to happen to it? and where did the INCNT paid to the PR firm came from? (Sorry for all the questions, just trying to get a sense of the real value of this coin) |
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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May 03, 2017, 11:44:56 AM |
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Total supply is 46M
Circulating supply is 23M
But if you guys give coins to PR firms and other busienss from the total supply, doesnt that make the circulating supply a lot bigger ? How much you gave away already from the total supply?
seems, right now you need to multiply marketcap by 2 to get the value of incent right
Not from the total supply. The 23 million Reserve is untouched. How can we know for sure? is there a smart contract preventing anything to happen to it? and where did the INCNT paid to the PR firm came from? (Sorry for all the questions, just trying to get a sense of the real value of this coin) You can check the Reserve - I think the address is in OP. If not, we can dig it out for you - Karl did so recently for someone who was asking the same  It's a Waves asset, so no smart contracts. Effectively, you have to trust Incent not to dump this on the market. If we did so, it would naturally kill our business, so we won't. Whilst that probably won't reassure some people, you have to bear in mind that trust to some degree is inherent in any business like this. It's centralised, it has a dev team and offices, and a CEO. So you're already trusting us to do a good job if you've invested. All Incent used for ICO payments (I think a total of 10-12%) for team and other collaborators came from the other half of the initial supply. The Reserve, as you've probably gathered, is for emergency settlement - there may be circumstances where we cannot settle with merchants without that pool of liquidity. We HAVE to be able to do that. Hopefully that answers your questions - let us know if not! |
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darlidada
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May 03, 2017, 11:54:07 AM |
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Apologies - don't think the Reserve address is on OP. Looking for it now.
thanks a lot for the great replies:) also could you expand a bit on why you decided to choose the waves platform over another one? what was your criterias? |
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Cassius
Legendary
Offline
Activity: 1764
Merit: 1031
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May 03, 2017, 12:10:01 PM |
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Apologies - don't think the Reserve address is on OP. Looking for it now.
thanks a lot for the great replies:) also could you expand a bit on why you decided to choose the waves platform over another one? what was your criterias? A few things actually. One is that there was a relationship there already, and so we had access to the dev team - which is a pretty big deal. Another is the DEX, with real-time trading and asset-to-asset trading. Both of these help with settlement. Also paying tx fees in the token itself, rather than a separate coin, is a big deal, because it vastly reduces friction for users and makes life a lot easier when developing the app. We kicked around a lot of ideas and a lot of tech solutions for Incent over the previous 2 years, and these were quite big problems to overcome. |
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darlidada
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May 03, 2017, 09:18:09 PM |
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Apologies - don't think the Reserve address is on OP. Looking for it now.
thanks a lot for the great replies:) also could you expand a bit on why you decided to choose the waves platform over another one? what was your criterias? A few things actually. One is that there was a relationship there already, and so we had access to the dev team - which is a pretty big deal. Another is the DEX, with real-time trading and asset-to-asset trading. Both of these help with settlement. Also paying tx fees in the token itself, rather than a separate coin, is a big deal, because it vastly reduces friction for users and makes life a lot easier when developing the app. We kicked around a lot of ideas and a lot of tech solutions for Incent over the previous 2 years, and these were quite big problems to overcome. thanks for being so kind in replying to my questions:) I'm in! Got some below 100 (I think it was ico price?), hopefuly i can catch some at 50  |
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