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Author Topic: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK on Binance 🔹  (Read 685694 times)
ShooterXD
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November 07, 2016, 01:34:12 PM
 #1501

https://gleam.io/yDqrZ/ark-ark-1-big-win-edition

20 min left to start new giveaway!

Good luck for all of us!


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BoldNinja
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November 07, 2016, 01:35:01 PM
 #1502

what is the difference between a TEC and an ICO?

TEC = Token Exchange Campaign you are basically exchanging your LISK and BTC tokens for ARK tokens.

When will be the sign bounties distributed ?
And yea good question from bitboy Cheesy

Bounties will be distributed after the main net launches, but final numbers will be available after TEC ends on 11th December (a few days after).

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November 07, 2016, 01:44:51 PM
 #1503

what is the difference between a TEC and an ICO?

TEC = Token Exchange Campaign you are basically exchanging your LISK and BTC tokens for ARK tokens.

When will be the sign bounties distributed ?
And yea good question from bitboy Cheesy

Bounties will be distributed after the main net launches, but final numbers will be available after TEC ends on 11th December (a few days after).
Okay... thanks for answering. Is their an "investment cap?"... also, and I know this has already been asked somewhere but I'm gonna ask again anyway (my bad), how many ark per lisk excluding the bonus? Great looking project by the way. Nice work.

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November 07, 2016, 01:47:28 PM
 #1504

Is ark the next best thing since Bitcoin? Cheesy

what is the difference between a TEC and an ICO?

TEC = Token Exchange Campaign you are basically exchanging your LISK and BTC tokens for ARK tokens.

So there is no real change between TEC and ICO. Just different fancy words but in pratic it's the same.

Tip Blockchain   Powered by Search and Discovery on the blockchain   Whitepaper
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November 07, 2016, 01:49:34 PM
 #1505

get ready for 2nd giveway https://gleam.io/yDqrZ/ark-ark-1-big-win-edition
9 minutes to go, goodluck all
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November 07, 2016, 01:59:50 PM
 #1506

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?

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November 07, 2016, 02:04:56 PM
 #1507

I guess since the first bonus is 120% and the second is 70% that you get 120% extra. So x2,20
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November 07, 2016, 02:05:12 PM
 #1508

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?
I was about to ask the same question so thanks electronicash... also is the 120% bonus valid for first 24 hours only and can I buy from an exchange to TEC site?

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November 07, 2016, 02:05:47 PM
 #1509

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?
Well you can't really determine how much ARK you are going to get, as the number depends on the total amount of the funds that will flow into the TEC. But yes, if you send 1 BTC worth of lisk it will count as 2.2 BTC worth. (Well not precisely as the Lisk price will be determined based on a 35 day median price avarage, but close enough.)

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November 07, 2016, 02:07:17 PM
 #1510

I was about to ask the same question so thanks electronicash... also is the 120% bonus valid for first 24 hours only and can I buy from an exchange to TEC site?
Yes that bonus alive for transactions sent during the first 24 hours of TEC.

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November 07, 2016, 02:09:15 PM
 #1511

According to the OP:

Tier 1 10 BTC one free 1 ARK-branded NFC Ring

Is this the amount before bonus or included bonus?

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November 07, 2016, 02:11:04 PM
 #1512

Here is screen shot. All these accounts are fakes. Spammer. Line 290 - 308 doc file. Check pls.

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November 07, 2016, 02:14:01 PM
 #1513

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?
Well you can't really determine how much ARK you are going to get, as the number depends on the total amount of the funds that will flow into the TEC. But yes, if you send 1 BTC worth of lisk it will count as 2.2 BTC worth. (Well not precisely as the Lisk price will be determined based on a 35 day median price avarage, but close enough.)
So if im right, the amount of tokens you get, even when you buy the first day, is the same (without counting the bonus) as the amount you get on the last day? Because ARK is using a median?
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November 07, 2016, 02:15:35 PM
 #1514

According to the OP:

Tier 1 10 BTC one free 1 ARK-branded NFC Ring

Is this the amount before bonus or included bonus?
Bonus not included.

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November 07, 2016, 02:20:09 PM
 #1515

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?
Well you can't really determine how much ARK you are going to get, as the number depends on the total amount of the funds that will flow into the TEC. But yes, if you send 1 BTC worth of lisk it will count as 2.2 BTC worth. (Well not precisely as the Lisk price will be determined based on a 35 day median price avarage, but close enough.)
So if im right, the amount of tokens you get, even when you buy the first day, is the same (without counting the bonus) as the amount you get on the last day? Because ARK is using a median?

Median will be used to calculate base price of LISK (everyone will have the same base price of LISK first and last day exchanges), but if you get in the first day your 1000 LISK will get you 120% more ARK tokens than someone who will join in on the last day (1000 LISK exchanged = first day will receive 2200 LISK worth of ARK tokens, last day will get you 1000 LISK worth of ARK tokens). How much ARK tokens will that mean we'll know after TEC end could be 1000 ARK could be 10000 ARK. Can't get much more clear than that.

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November 07, 2016, 02:20:37 PM
 #1516

So if im right, the amount of tokens you get, even when you buy the first day, is the same (without counting the bonus) as the amount you get on the last day? Because ARK is using a median?
No, not at all.
Lisk sent on the first day will worth 120% more than what send at the last day.

The median price is to determine the Lisk to Bitcoin conversion rate. This garantees that every lisk sent will worth the same amount of BTC (not counting bonuses).

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November 07, 2016, 02:27:12 PM
 #1517

5 hours left. That would be 3AM in the morning here in my country.   Grin
Can you clarify something for me please. If I buy 100 ARK with the lisk i hold, that means I will get about 240ARKs all in all or simply 120ARKs?
Well you can't really determine how much ARK you are going to get, as the number depends on the total amount of the funds that will flow into the TEC. But yes, if you send 1 BTC worth of lisk it will count as 2.2 BTC worth. (Well not precisely as the Lisk price will be determined based on a 35 day median price avarage, but close enough.)
So if im right, the amount of tokens you get, even when you buy the first day, is the same (without counting the bonus) as the amount you get on the last day? Because ARK is using a median?

Median will be used to calculate base price of LISK (everyone will have the same base price of LISK first and last day exchanges), but if you get in the first day your 1000 LISK will get you 120% more ARK tokens than someone who will join in on the last day (1000 LISK exchanged = first day will receive 2200 LISK worth of ARK tokens, last day will get you 1000 LISK worth of ARK tokens). How much ARK tokens will that mean we'll know after TEC end could be 1000 ARK could be 10000 ARK. Can't get much more clear than that.
Aha so, you only know how much ARK tokens you bought with your money when the TEC ended. Because then the value is set.
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November 07, 2016, 02:30:49 PM
 #1518

Aha so, you only know how much ARK tokens you bought with your money when the TEC ended. Because then the value is set.
Yes that is the case with most TEC (ICOs) like this, if nothing else because of the bounties and bonus amounts can only be calculated at the end of it, and that also changes the final figures.

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November 07, 2016, 02:36:14 PM
 #1519

But you can still estimate that if 4000 btc of ARK tokens are bought, and 75 million ARK tokens are given to those who bought. Then 1 btc = 18750 ARK. However, it is not possible to estimate how much will be sold....
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November 07, 2016, 02:38:52 PM
 #1520

Someone bought lisk for 87 btc in yobit.

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