[ANN]🔹🔹🔹 ICO ENDED 22 December 2016 🔹🔹🔹 HackerGold (HKG)

[TheKB]

Requires:  ~$40 Million
Escrow: none. direct in dev's pocket
What value token holds for investor: None except voting

hmm.. i'll pass. good luck

[kanoptx]

Requires:  ~$40 Million
Escrow: none. direct in dev's pocket
What value token holds for investor: None except voting

hmm.. i'll pass. good luck

It does NOT require 40million. its a safety cap.
Why do you need escrow if the tokens are issued automatically by eth smart contracts?
token holds the value of the success of the V.A. if good projects are born there, ppl will want to buy tokens earlier to get voting powers and to get them cheaper than the second crowdsale.

this is my take on it.

[Kaznachej123]

   As we approach the launch date of ICO, began to grow, and criticism of the project: participants Ethereum EtherCamp community criticized that complete code smart contract ICO are not posted in open access, and those fragments that are published to contain vulnerabilities.
Another object of discontent - excessively high, critics say, the upper limit of ICO $ 50 million, which is the major concern that could become HKG second TheDAO.
Renowned critic smart contracts Bern Preston (Preston Byrne) organizers abandoned the proposed Hackaton arbiter and calls to cancel the planned ICO.
  Wherein. none of the critics of the project does not question either the platform itself Virtual Accelerator, or the organization of the Hackathon EtherCamp team, on the contrary, all noted the high value of the project and the professionalism of the organizers.
    http://bits.media/news/ethercamp-nachinaet-kraudfandingovuyu-kampaniyu/

[Steve_T]

Guys, many thanks for all of the interest.
All of the concerns deserve our attention and will be addressed. We're holding an AMA on Tuesday, please tune in or ask as here.

https://twitter.com/CampEther/status/787011779129991168

[honolulumark]

Is ycombinator involved in this?
How will this work, you'll choose a startup to invest in and we'll have voting rights?

[cryptodv]

Very Interested, watching!! 

[BekantanSejagatTeamPenipu]

any bounty campaign dev

[Peterjohn42]

Okay I'm interested will be watching this one.

[TheKB]

Requires:  ~$40 Million
Escrow: none. direct in dev's pocket
What value token holds for investor: None except voting

hmm.. i'll pass. good luck

It does NOT require 40million. its a safety cap.
Why do you need escrow if the tokens are issued automatically by eth smart contracts?
token holds the value of the success of the V.A. if good projects are born there, ppl will want to buy tokens earlier to get voting powers and to get them cheaper than the second crowdsale.

this is my take on it.

hmm.. do you take into account the dilution of your investment after the startup issues 5 times the amount of HKG tokens? the project itself is awesome but i am not able to convince myself of value it will bring.

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

[Sasukeevil]

hmm.. do you take into account the dilution of your investment after the startup issues 5 times the amount of HKG tokens? the project itself is awesome but i am not able to convince myself of value it will bring.

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

I also saw this on the white paper and want to know if the tokens issued from startups can be traded during hackathon.

[Steve_T]

Is ycombinator involved in this?
How will this work, you'll choose a startup to invest in and we'll have voting rights?

YCombinator is not involved and yes, you get early adopter voting rights.

[Steve_T]

It does NOT require 40million. its a safety cap.
Why do you need escrow if the tokens are issued automatically by eth smart contracts?
token holds the value of the success of the V.A. if good projects are born there, ppl will want to buy tokens earlier to get voting powers and to get them cheaper than the second crowdsale.

this is my take on it.

hmm.. do you take into account the dilution of your investment after the startup issues 5 times the amount of HKG tokens? the project itself is awesome but i am not able to convince myself of value it will bring.

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

Not a cap, but a safety cap.

No dilution. First tokens by startups will have voting rights. Second round of tokens is different and has no voting rights.

[Steve_T]

hmm.. do you take into account the dilution of your investment after the startup issues 5 times the amount of HKG tokens? the project itself is awesome but i am not able to convince myself of value it will bring.

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

I also saw this on the white paper and want to know if the tokens issued from startups can be traded during hackathon.

as with every cryptocurrency, there's not much that we can do to stop you from trading HKG before the hackathon finishes (mostly OTC). Exchanges (at least the 3 we're talking to ATM), will have it on after the hackathon is finished.

[Sasukeevil]

hmm.. do you take into account the dilution of your investment after the startup issues 5 times the amount of HKG tokens? the project itself is awesome but i am not able to convince myself of value it will bring.

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

I also saw this on the white paper and want to know if the tokens issued from startups can be traded during hackathon.

as with every cryptocurrency, there's not much that we can do to stop you from trading HKG before the hackathon finishes (mostly OTC). Exchanges (at least the 3 we're talking to ATM), will have it on after the hackathon is finished.

No, I mean the tokens issued by the startups not HKG.

[Steve_T]

No, I mean the tokens issued by the startups not HKG.

Startups will issue tokens after the Hackathon is finished, which could be bought with any cryptocurrency and traded anywhere.

[Sasukeevil]

No, I mean the tokens issued by the startups not HKG.

Startups will issue tokens after the Hackathon is finished, which could be bought with any cryptocurrency and traded anywhere.

So can I get these tokens and trade them on Virtual Exchange in the duration of the hackathon?

[Steve_T]

No, I mean the tokens issued by the startups not HKG.

Startups will issue tokens after the Hackathon is finished, which could be bought with any cryptocurrency and traded anywhere.

So can I get these tokens and trade them on Virtual Exchange in the duration of the hackathon?

No, that will happen after the Hackathon

[Sasukeevil]

No, I mean the tokens issued by the startups not HKG.

Startups will issue tokens after the Hackathon is finished, which could be bought with any cryptocurrency and traded anywhere.

So can I get these tokens and trade them on Virtual Exchange in the duration of the hackathon?

No, that will happen after the Hackathon

Then you should modify your white paper because it says I can buy tokens issued by that startup
during the hackathon.

[Steve_T]

Then you should modify your white paper because it says I can buy tokens issued by that startup
during the hackathon.

Sorry a bit of a misunderstanding here..

You can buy tokens issued by the startups during the hackathon, but only for HKG.

[2012revisited]

3 days to go...