[ANN]BlockCDN:A application build on Ethereum smart contract

[ether19]

It would go a long way if you guys decide to start the project with the funds you have received rather than stamping the ICO as a failure and returning funds. Develop the project at least in a small stage and show that your plan are working and go for a second ICO with a clear road map.

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[Zaducis]

It should be little bit lower cost, and these funds will be enough. Many have already done that, I would not like that all ended so bad and funds return to participantce.

[Tony Long]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

[mekar sari]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

how about signature campaign,can I remove my signature now?

[crypto-rainbow]

If ICO fails, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

so there is no hope! the only information you can share at this moment is refund procedure. ok.

Just curious how much fund raised? how much short of the target?

[len01]

If ICO fails, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

so there is no hope! the only information you can share at this moment is refund procedure. ok.

Just curious how much fund raised? how much short of the target?

this ico failed because not meet the minimum goal 150.000 eth

[BTC-BTC-BTC]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

how about signature campaign,can I remove my signature now?

There is no bounty payout if the Ico fails according to the OP.

[virasog]

Hi guys,

I really wanted this ICO to succeed but the writing was on the wall for me weeks ago when I saw the lack of funding progress.

Just to explain to you why you've failed:

- Simultaneous mining reduced incentives to donate.

- Not publishing a detailed business plan on how much of the funds raised would be reserved for salaries, promotion, development, emergencies etc and when these funds would be used.

- Lack or organised daily promotional campaign to raise awareness several months *before* the crowdfund date.

- Using bitcointalk as a community thread. The quality of 'investors' here is shocking and bitcointalk itself is filled with a lot of junk data, junk talk and suggestions.

- The 3 year limit on token holders earning dividends; nice way to screw your investors over in the long term. From the community chatter I've read outside of bitcointalk this reason alone was the biggest one that stopped people from investing in your crowdfund.

- Lack of daily, active promotion and community engagement in forums where serious ethereum investors hangout e.g.

Ethtrader reddit
Ethereum reddit
Smith and Crown
ICO Countdown
Evan Van Ness Ethereum newsletter


You absolutely should *not* do staged crowdfunds, unless:

- You are willing to present detailed expenditure plans, roadmaps and goals to your community and
- Publish regular confirmations that the goals/roadmap is being reached before acquiring further funding.

I like that you have a public beta. I like that you are targeting a clear market with actual demand and provided a case to undercut and take a segment of that markets profits. I like the fact that you got an ex-barclays boss on board.

That suggests you will find a way to make this work. Unfortunately your horrible promotion at this stage shows me that while you may understand the CDN community, you absolutely do not understand the Ethereum community or blockchain investor community either.

I'd sack whoever was in charge of your marketing and get someone who understands crowdfunding. Try looking and imitating the strategies of Golem, Augur, Digix, Firstblood or any number of ICO's which reached their targets within day 1.

Good analysis! I agree with the lack of marketing and over optimism from the team that made them set a very high target for the ICO. Also the fact that the blockcdn token holders are entitled for dividends only for  3 years seems quite silly, anyone who had sense would realize that the team is planning to take advantage of the investors. A decentralized project should be there to benefit all the stake holders and not just the team.

[chichidori]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

The OP just make my day with the announcement that the ICO IS DEAD and go straight up with the refunding without hinting if their will be another ICO in 2017 signature, social and translator who have invested their time will not be paid that is why it is best to get paid in BITCOIN if the project have a minimun goal or they can just develop it.

[NetFreak199]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

The OP just make my day with the announcement that the ICO IS DEAD and go straight up with the refunding without hinting if their will be another ICO in 2017 signature, social and translator who have invested their time will not be paid that is why it is best to get paid in BITCOIN if the project have a minimun goal or they can just develop it.

Yes I totally  agree need to paid all participants who joined the promotion atleast in BTC .

[Densitymax]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

The OP just make my day with the announcement that the ICO IS DEAD and go straight up with the refunding without hinting if their will be another ICO in 2017 signature, social and translator who have invested their time will not be paid that is why it is best to get paid in BITCOIN if the project have a minimun goal or they can just develop it.

Yes I totally  agree need to paid all participants who joined the promotion atleast in BTC .

From what fund they have to pay these awards?

[Yasilk]

So you have to have parify or mist to get your fund back?

[BTC-BTC-BTC]

Can we do request refund thru https://www.myetherwallet.com?

Thanks,

[_ChucK_]

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

Tony, I am so sorry about the ICO! I believed in the project. Really.
But now, when you say that ICO is dead, I would prefer to return my investment. I invested via MEW. How now I can turn them back to the myetherwallet?

[logictense]

Quote it some more. Glad those guys deprived u of all ur money. Again.

[xsantana]

ico that failed is, when the developer is rarely visited threads when many questioned and there is no response

[sluggo]

so if we used my ether wallet do we just send the BCDN tokens back to this adress 0x1e797Ce986C3CFF4472F7D38d5C4aba55DfEFE40?

[ghatts]

If sending from myetherwallet, how long does it take to get the refund? at 167 confirmations right now.

[Apriand]

ico that failed is, when the developer is rarely visited threads when many questioned and there is no response

Agreed,, to be successfull ICO need active dev to answer every question here. Investors should to know what special when they invest their money in this project, what the future this coin etc. They wont to invest when doesn't get it.

[chichidori]

have anyone from the investors successfully refunded their investment. i see on the ICO page that the ETH is now 11k in previous day it was 15k