[ANN] æternity blockchain ∞ AE TOKEN ∞ [PoW & PoS | Oracles | Smart Contracts]

[Dwr]

I think you should listen to Zack's opinion and not because he is right (or not) but because technical side of Aeternity is developed by him. Dissatisfied lead (and only) developer is bad for the project. All these "I'll create new blockchain" is scaring me.

[isuldor]

Do you intend to hire any full time devs to assist Mr. Hess after the ICO?

[vdramaliev]

Do you intend to hire any full time devs to assist Mr. Hess after the ICO?

Of course. We need larger staff and more minds supporting our core devs.

Regards,
Vlad

[vdramaliev]

I think you should listen to Zack's opinion and not because he is right (or not) but because technical side of Aeternity is developed by him. Dissatisfied lead (and only) developer is bad for the project. All these "I'll create new blockchain" is scaring me.

Hey,

So as you can see from the Zack's last post, he is dissatisfied with doing a contribution campaign. But he accepted that. His next consideration was no cap, so we listened to him, got a confirmation form the community and implemented it. He is happy with this.

Regards,
Vlad

[BTCspace]

only one developer contribute the code ?

[VintageBazaar]

So i was talking with a friend and highly respected ICO expert.

I gave him my views.  Would love to see what other people make of these maths.

So, taking the Cap into consideration and estimating the possible outcome of investments.

MATH

*21 million swiss franks. (cap for Phase 2)  is 19.6m euro is 19,673 BTC
 
Plus say they raise another 400btc  (258btc now)
 
+ 120k ETH = 4882 BTC

 
= 24,919 BTC =  28,388,945 USD 
(so safe to say around 30,000000 (Thirty Million USD investment) in total, approx 27 - 32 Million..
 
Which would make the market cap ?  (really high right)  BUT lets say it does fashion itself into a new "ETH" then a realistic price for coin at start would be 50 cents+ (there about.)  So anyone who invested on the first day...

Like me. i invested x ETH = x btc at currenct prices, lets say ETH goes to 0.08 which i predict it will so  x2 btc. (not important the last part)

I get x nearly x AE tokens.


I only need the price to be worth around 7k to break even....


(same as Golem is currently)

 
so 20 cents to break even.

Or have i missed something? TO me 7k satoshi seems ok.  (not great, not even very good... but OK)

[ICO DNA]

Hi! You might want read this about Aeternity:

https://medium.com/@ico_dna/taking-your-money-to-%C3%A6ternity-c71ff94e73e0
https://medium.com/@ico_dna/aeternity-flash-update-bb6bec466901

Cheers

[Sir_Astral]

So i was talking with a friend and highly respected ICO expert.

I gave him my views.  Would love to see what other people make of these maths.

So, taking the Cap into consideration and estimating the possible outcome of investments.

MATH

*21 million swiss franks. (cap for Phase 2)  is 19.6m euro is 19,673 BTC
 
Plus say they raise another 400btc  (258btc now)
 
+ 120k ETH = 4882 BTC

 
= 24,919 BTC =  28,388,945 USD 
(so safe to say around 30,000000 (Thirty Million USD investment) in total, approx 27 - 32 Million..
 
Which would make the market cap ?  (really high right)  BUT lets say it does fashion itself into a new "ETH" then a realistic price for coin at start would be 50 cents+ (there about.)  So anyone who invested on the first day...

Like me. i invested x ETH = x btc at currenct prices, lets say ETH goes to 0.08 which i predict it will so  x2 btc. (not important the last part)

I get x nearly x AE tokens.


I only need the price to be worth around 7k to break even....


(same as Golem is currently)

 
so 20 cents to break even.

Or have i missed something? TO me 7k satoshi seems ok.  (not great, not even very good... but OK)

You haven't missed a thing. By my calculations too it is all systems go now that they have added the cap. I do think the cap for round 2 should be lower, but the cap is a good start.

I think the FUD is current investors trying to "protect" their investment by not wanting to share their coins with new investors.

Just look at the investments so far, that's some big whales and some people that are going to make sure AE has some very nice days on the market, as long as the dev team deliver on their tech and implement a solid marketing strategy. With the budget they have now it could really blow up if they play their cards right.

[Ano]

Wow more than 113k ETH and 286 BTC has been raised in less than 2 days. But supply will be unlimited how much funds the teams required it already reached so high?

[Sir_Astral]

Wow more than 113k ETH and 286 BTC has been raised in less than 2 days. But supply will be unlimited how much funds the teams required it already reached so high?

They have already announced a cap for investments, and they just have not decided yet when to limit the max coins, but they will have a max coins.

They should decide fast, but I actually don't mind if less people invest, more cheap AE for me 

[lifesizePenguin]

does anyone know when this is actually going to market?
Surely a while off yet....

[Merovingian]

does anyone know when this is actually going to market?
Surely a while off yet....

Token will be tradeable after phase 2 of the campaign. The migration to the mainnet will happen in Q1-18.

[Ano]

Wow more than 113k ETH and 286 BTC has been raised in less than 2 days. But supply will be unlimited how much funds the teams required it already reached so high?

They have already announced a cap for investments, and they just have not decided yet when to limit the max coins, but they will have a max coins.

They should decide fast, but I actually don't mind if less people invest, more cheap AE for me 

https://blog.aeternity.com/thank-you-for-the-overwhelming-support-20489edb5dd0

Thanks I got this information but supply limit for phase 1 is still unlimited anyway the team knows better how much they want.

[axrhuls]

does anyone know when this is actually going to market?
Surely a while off yet....

Token will be tradeable after phase 2 of the campaign. The migration to the mainnet will happen in Q1-18.

You have raised more than 100k ETH in phase 1, and in phase 2 you will raise more, congratulations for the successful phase 1.

[lifesizePenguin]

does anyone know when this is actually going to market?
Surely a while off yet....

Token will be tradeable after phase 2 of the campaign. The migration to the mainnet will happen in Q1-18.

Thank you for the quick response. I guess all the info will be funnelled through here anyway to keep up to date.

[vdramaliev]

does anyone know when this is actually going to market?
Surely a while off yet....

Token will be tradeable after phase 2 of the campaign. The migration to the mainnet will happen in Q1-18.

You have raised more than 100k ETH in phase 1, and in phase 2 you will raise more, congratulations for the successful phase 1.

Thank you very much, really appreciate it!

Vlad

[vdramaliev]

Hey everyone,

So Zack just read ICO_DNA article and did not like it, so he replied.

You can find his response here.

Regards,
Vlad

[drawingthesun]

Hey everyone,

So Zack just read ICO_DNA article and did not like it, so he replied.

You can find his response here.

Regards,
Vlad

Good to see this.

[Mercurius777]

does anyone know when this is actually going to market?
Surely a while off yet....

Token will be tradeable after phase 2 of the campaign. The migration to the mainnet will happen in Q1-18.

You have raised more than 100k ETH in phase 1, and in phase 2 you will raise more, congratulations for the successful phase 1.

Thanks a lot! This is just the beginning and we are excited to start with a bang (:
The incubation period will be the most exciting time as we now form a palpable foundation of creative minds out of which æternity will emerge!
Thanks for joining the ride!

Cheers,
Dan

[italianMiner72]

hi devs...
i just contribute with ETH to address 0x6cC2D616E56e155D8A06E65542fdb9bD2D7f3c2E.
but i donn't understand if tokens will be visible immediately..or will be distribuited in a second time.
if i can already check for AE tokens on my MIST wallet under CONTRACT, what is the contract address?
thak you