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Kazadar
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October 08, 2016, 10:32:32 PM |
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I am having some trouble understanding how HKG will be used.
As I understand it, after the hackaton the top project(s) will have an ICO accepting only HKG.
Is this correct in this assumption or am I missing something?
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kanoptx
Sr. Member
 Offline
Activity: 406
Merit: 250
www.cryptocompare.com
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October 08, 2016, 10:37:30 PM |
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One of the coolest projects this year, imo. good luck, guys.
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Steve_T (OP)
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October 09, 2016, 10:23:36 AM |
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I am having some trouble understanding how HKG will be used.
As I understand it, after the hackaton the top project(s) will have an ICO accepting only HKG.
Is this correct in this assumption or am I missing something?
You are correct, after the Hackathon the Camps (teams) will have an option of crowd-funding their prototype. At that point other crypto currencies could be used as well. |
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kanoptx
Sr. Member
Offline
Activity: 406
Merit: 250
www.cryptocompare.com
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October 09, 2016, 10:35:43 AM |
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I am having some trouble understanding how HKG will be used.
As I understand it, after the hackaton the top project(s) will have an ICO accepting only HKG.
Is this correct in this assumption or am I missing something?
If i'm not mistaken, the ICOs that only accepts HKG will be during the hackathon. the tokens acquired at this time will bear preferred voting rights. After the camp, startups can issue 5 times the amount of tokens sold on the hackathon and they can sell them directly for ETH. tokens sold after the hackathon do not bear these voting rights. |
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Steve_T (OP)
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October 09, 2016, 10:38:41 AM |
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I am having some trouble understanding how HKG will be used.
As I understand it, after the hackaton the top project(s) will have an ICO accepting only HKG.
Is this correct in this assumption or am I missing something?
If i'm not mistaken, the ICOs that only accepts HKG will be during the hackathon. the tokens acquired at this time will bear preferred voting rights. After the camp, startups can issue 5 times the amount of tokens sold on the hackathon and they can sell them directly for ETH. tokens sold after the hackathon do not bear these voting rights. That's right, thanks kanoptx! |
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Kazadar
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October 09, 2016, 10:52:38 AM |
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I am having some trouble understanding how HKG will be used.
As I understand it, after the hackaton the top project(s) will have an ICO accepting only HKG.
Is this correct in this assumption or am I missing something?
If i'm not mistaken, the ICOs that only accepts HKG will be during the hackathon. the tokens acquired at this time will bear preferred voting rights. After the camp, startups can issue 5 times the amount of tokens sold on the hackathon and they can sell them directly for ETH. tokens sold after the hackathon do not bear these voting rights. That's right, thanks kanoptx! So the advantage of buying HKG is that you get voting rights in the project. That could be interesting. 300 projects is a lot to go through though. |
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Steve_T (OP)
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October 09, 2016, 11:13:21 AM |
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300 projects is a lot to go through though.
Which is where the power of the crowd and the panel of judges could turn into a hive mind with cryptographic proofs and full transperancy. |
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Kazadar
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October 09, 2016, 11:43:28 AM |
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300 projects is a lot to go through though.
Which is where the power of the crowd and the panel of judges could turn into a hive mind with cryptographic proofs and full transperancy. Yes that will make it a lot easier but personally I cant help thinking that maybe there is a really cool project getting overlooked somewhere. While the judges might read through all the projects, a lot of the fans wont. |
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Steve_T (OP)
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October 09, 2016, 11:54:07 AM |
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Yes that will make it a lot easier but personally I cant help thinking that maybe there is a really cool project getting overlooked somewhere.
While the judges might read through all the projects, a lot of the fans wont.
Will make sure to watch what you're voting  |
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szafa
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October 09, 2016, 06:29:26 PM |
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I am waiting to more info.
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Steve_T (OP)
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October 09, 2016, 06:37:10 PM |
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I am waiting to more info.
Let us know if there's something specific. Generally our forum.ether.camp is a good place to find answers quickly too. |
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golfhuso
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October 09, 2016, 06:37:17 PM |
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Very interesting project. Is it confirm yet that all token are for sell? Are you sure no allocation for team or promotion?
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Steve_T (OP)
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October 09, 2016, 07:45:22 PM |
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Very interesting project. Is it confirm yet that all token are for sell? Are you sure no allocation for team or promotion?
Thanks! There'll be no pre-allocation/promtion giveaway of $HKG. |
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Sasukeevil
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October 10, 2016, 01:32:36 AM |
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So does HKG have a coin cap? Can you give more info about the coin distribution?
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Steve_T (OP)
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October 10, 2016, 07:53:33 AM |
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So does HKG have a coin cap? Can you give more info about the coin distribution?
We are trying to make the distribution as equal as possible, therefore we are setting a 'safety cap' (4M ETH), rather than a cap on participation which would occur by imposing a smaller 'target cap'. We do not wish to self evaluate and our safety cap is not a reflection of <ether.camp>’s estimation of the platforms value. |
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syahril
Sr. Member
Offline
Activity: 434
Merit: 250
Bountie- Do You Have Game?
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October 10, 2016, 08:02:16 AM |
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shintosai
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October 10, 2016, 01:24:16 PM |
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hi dev do you also created an slack for this project i guess its also make the community more active and updated just looking for a big possiblity because the projects looks promising and for sure it will break everything inside crypto another successful project in the near future, good luck dev make it happen for us.
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