SpacemanOne
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Activity: 336
Merit: 101
icowidgets.com
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December 14, 2016, 03:46:25 PM |
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I Like the idea, but they need a big adoption to eventually make TIME rewarding and the risk is big it wont be able to do that aswell.
Possible TIME rewards scenarios Scenario 1. (2021)Issuance fee rewards (1%) Country Ticker Issuance LH LH Value Currency USD Issuance, USD Rewards, 2019 AUS LHAU 400,000 $37.90 AUD $28.88 $11,551,920 $346,558 USA LHUS 1,400,000 $21.68 USD $21.68 $30,352,000 $910,560 EU LHEU 900,000 €25.03 EUR $27.53 $24,779,700 $743,391 GB LHGB 600,000 £15.91 GBP $19.40 $11,641,719 $349,252 Total $78,325,339 $2,349,760 LH transactions (including LaborX volume): $1,500,000 per day = $547,500,000 per year LH transaction fee rewards (0.15%) = $821,250 Total rewards = $3,171,010
Their scenario 1 shows a good example, here they say scenario1 (2021), but add the rewards of 2019 thats about 1% i dont see how they come to this rewards they look more like 3%. So with 100 million turnover you will only get 1% thats 1 million divided by the people that buy into the ico.
Ico's are now really overrated and going nuts, cause people think x20 is easy on a ico like golem sold out in less then 30 minutes (10 million) If that happens to Chronobank that means you need 1 bn to only play even. and thats insane a lot for something still need to prove it will work and get adoption.
Iconomi example shows the token price growth can be a good source of income too. There are no any dividends yet but the ICN price is substantially higher now than at the ICO. It's not x20 of course but still good enough I think.
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sandman53
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December 14, 2016, 04:08:00 PM |
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Joined Signature and Avatar! Good luck with project.
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samantadegrenet
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December 14, 2016, 04:14:38 PM |
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Joined signature and avatar me too!
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SpacemanOne
Full Member
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Activity: 336
Merit: 101
icowidgets.com
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December 14, 2016, 04:20:26 PM |
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Кaк пocтaвить aвaтapкy в пpoфиль. Oблaзил вecь пpoфиль нe нaшeл.
Avatars are available for Full Members only. Your group is 'Member' now, you should wait until your rank grows.
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rgornik
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December 14, 2016, 04:23:34 PM |
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Where bounties for translation of a thread already been given? Because I conntacted you here and Ahmed but did not get answer.
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sulfurtank
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December 14, 2016, 04:47:57 PM |
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So just reading through the site, it states 1 BTC = 100 TIME. Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?
Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible. I'm a freelancer and i'm more interested to LH Nope, thats the min requirement for one-time buy. That's for ur own safety. They don't wanna see u crying over ur loss in case ico burns thus they limit the size of one-time purchase, to filter out little fish like u who can't afford a pair of trousers. I'm sure they will push it down before starting date, so unemployed dudes could buy into this maddening shitsale. What a scamfest lol. Though u know, at this time they're undecided whether they should push the entrance requirement down or keep it as is coz if the ICO bruns, u will be the first to complain over ur loss, so better keep it as is for the time being. I'd advice that u throw as much cash as u can on this shit bro. The more u contribute to the clowns fest the bitter ur life be after it goes belly up.
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ERossin
Sr. Member
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Activity: 490
Merit: 262
The World’s First Blockchain Core
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December 14, 2016, 04:53:10 PM |
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It's only 7 hours to go live ICO launching we should be ready for this investment on the first day to get 30% bonus.
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aisyah88
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December 14, 2016, 04:59:55 PM |
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It's only 7 hours to go live ICO launching we should be ready for this investment on the first day to get 30% bonus.
How many. BTC's fund target for ico this..
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SpacemanOne
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Activity: 336
Merit: 101
icowidgets.com
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December 14, 2016, 05:10:33 PM |
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So just reading through the site, it states 1 BTC = 100 TIME. Is 1 BTC the minimum one can invest in the ICO or is there a chance for those that want to go in a bit lower?
Same question here. I don't think i can generate 1 btc right now as i'm tied with the rest of the investment i did. But sure i can send .5 if possible. I'm a freelancer and i'm more interested to LH Nope, thats the min requirement for one-time buy. That's for ur own safety. They don't wanna see u crying over ur loss in case ico burns thus they limit the size of one-time purchase, to filter out little fish like u who can't afford a pair of trousers. I'm sure they will push it down before starting date, so unemployed dudes could buy into this maddening shitsale. What a scamfest lol. Though u know, at this time they're undecided whether they should push the entrance requirement down or keep it as is coz if the ICO bruns, u will be the first to complain over ur loss, so better keep it as is for the time being. I'd advice that u throw as much cash as u can on this shit bro. The more u contribute to the clowns fest the bitter ur life be after it goes belly up. No, the min available purchase will be at least 1 TIME (0.01 BTC that is appr. $7.8 ), maybe less. By the time ICO starts we'll see.
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aleg13
Newbie
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December 14, 2016, 05:22:10 PM |
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Looks like a promising project and I am in with 1 BTC.
I am holding long term because I want this to succeed.
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c1oud
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December 14, 2016, 05:37:49 PM |
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2 questions before opening:
- about investments done to ICO portal, shoud they to be done from the wallets we have access to private keys (not from exchange) or still we can make transactions from exchanges as well? - as tokkens will be created on different platforms does that mean that doing investment let's say in waves we get our tokkens on waves platform?
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ElarGroup
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December 14, 2016, 05:46:19 PM |
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Удaчи пpoeктy. Пoдпиcь ycтaнoвлeнa!
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Chronobank_Community
Full Member
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Activity: 126
Merit: 100
Chronobank Community Manager
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December 14, 2016, 05:51:50 PM |
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Nope, thats the min requirement for one-time buy. That's for ur own safety. They don't wanna see u crying over ur loss in case ico burns thus they limit the size of one-time purchase, to filter out little fish like u who can't afford a pair of trousers. I'm sure they will push it down before starting date, so unemployed dudes could buy into this maddening shitsale. What a scamfest lol. Though u know, at this time they're undecided whether they should push the entrance requirement down or keep it as is coz if the ICO bruns, u will be the first to complain over ur loss, so better keep it as is for the time being. I'd advice that u throw as much cash as u can on this shit bro. The more u contribute to the clowns fest the bitter ur life be after it goes belly up.
That's incorrect. There is no minimum requirement.
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stormia
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December 14, 2016, 06:41:45 PM |
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Stupid question... the UUID for the sig campaign application, is that associated with my BCT account (and if so, where can I find it) or do we simply generate our own?
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Chronobank_Community
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Activity: 126
Merit: 100
Chronobank Community Manager
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December 14, 2016, 07:11:15 PM |
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2 questions before opening:
- about investments done to ICO portal, shoud they to be done from the wallets we have access to private keys (not from exchange) or still we can make transactions from exchanges as well? - as tokkens will be created on different platforms does that mean that doing investment let's say in waves we get our tokkens on waves platform?
Hello, and thank you for your interest, responses are below. 1) Yes, you can send from any wallets, including exchange wallets. 2) TIME tokens are initially on the Ethereum platform. Stupid question... the UUID for the sig campaign application, is that associated with my BCT account (and if so, where can I find it) or do we simply generate our own?
Heya, not a stupid question at all. Your UUID is located on your profile page > click forum profile information > the number in the url at the top of the page is your UUID. Yours is 261475
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OliverR
Newbie
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December 14, 2016, 07:59:51 PM |
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Hey, Chronobank_Community
Will 30% bonus be active for the first 24 hours of the ICO?
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Chronobank_Community
Full Member
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Activity: 126
Merit: 100
Chronobank Community Manager
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December 14, 2016, 08:12:41 PM |
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Hey, Chronobank_Community
Will 30% bonus be active for the first 24 hours of the ICO?
That is correct, the 30% bonus is active for the first 24hours.
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