[ANN] BitGate Pre-Crowdfund ICO

[PolyPanto]

Using the blockchain-based social media platform Steem we managed to reach 150% of our minimum goal for the pre-crowdfund within 24 hours! These funds will allow us to pay for development, legal bills, and give us enough to create a decent crowdfunding showcase for February 9th.

Hello, very impressing results! Good luck in further project development!
Do you plan to do threads in local communities? If yes, can I reserve the Russian translation?

[electronicash]

seem a solid project. all hail for the vikings!  what are the benefits for private investors? actually, a business should start locally and establish a trust in their area before branching out somewhere else. Good luck with the project.

do you guys offer some article and blog bounties?

[DISPERADO]

BitGate is a gateway to the global blockchain-based economy...There are a lot of projects like this one, what are your advantages over them? When and what kind of bounty campaigns do you plan?

[Alastair air]

Using the blockchain-based social media platform Steem we managed to reach 150% of our minimum goal for the pre-crowdfund within 24 hours! These funds will allow us to pay for development, legal bills, and give us enough to create a decent crowdfunding showcase for February 9th.

Hello, very impressing results! Good luck in further project development!
Do you plan to do threads in local communities? If yes, can I reserve the Russian translation?

yes it should be so i am also interested in this too and it will be usefull for russions too

[KitcatCat]

Still watching but not liking what Im seeing.

[DISPERADO]

If the pre-crowdfund campaign will run until January 31st, how 34 bct were collected?
"ICO Early Bird Discounts" ended but bitcointalk thread was added only on january 19th. 
1. Where have you been untill this time?
2.Do you have share investors or just regular investors? 
3. Who will be  an escrow on pre-ICO? The investor's confidence depends on this choice.

[CLains]

If the pre-crowdfund campaign will run until January 31st, how 34 bct were collected?
"ICO Early Bird Discounts" ended but bitcointalk thread was added only on january 19th.  
1. Where have you been untill this time?
2.Do you have share investors or just regular investors?  
3. Who will be  an escrow on pre-ICO? The investor's confidence depends on this choice.

1. We actually just posted it over at Steemit, the blockchain-based social media plattform:

https://steemit.com/bitshares/@bitspace/ann-bitgate-pre-ico-investment-proposal-for-steemit
https://steemit.com/bitgate/@bitspace/crowdfund-update-and-the-bitgate-team

From there we managed to raise 150% in under 24 hours.

2. We have some 20 private investors in BitSpace AS, which currently owns BitGate AS 100%.

3. We decided not to use an escrow because of the relatively small size of the crowdfund (we were just aiming for 20 BTC to get a little boost before the big crowdfund February 9th), and because of our respectively high reputation in the BitShares and Steemit communities. BitSpace has been holding conferences, presentations, workshops for the last two years now (my brother Manuel Lains and I - Christian Lains). Manuel has been leader of the Pirate Party in Oslo and is a well-known figure. Personally I have been one of the most frequent posters in the BitShares community since 2013, was one of the most active posters in Steemit early on, and was one of the first to publicly give presentations on Steemit. We are all out there with our real names, and have a kickass Advisory board of highly reputable, public personalities both from the cryptocommunity and traditional financial world.

We are very busy now charging up for the live crowdfund at OsloFintech February 9th: https://www.facebook.com/events/1230611630308880/

[KitcatCat]

When will the next ico start?

[CLains]

When will the next ico start?

For FintechFest February 9th we'll crowdfund for equity in our legal entity BitGate AS, as the crowd will mostly consist of investors from traditional finance. Depending on how that works out we might have it running for a few weeks via Invesdor.

Right now we are focusing hard on consolidating the idea. We first want to capture the Norwegian market and get a proof-of-concept up and running. My guess is we won't be be doing a proper crypto-ICO before we have a global BitGate team and scaling strategy fully worked out. But who knows, that may happen quite quickly at this rate.

[Dxt]

For FintechFest February 9th we'll crowdfund for equity in our legal entity BitGate AS, as the crowd will mostly consist of investors from traditional finance. Depending on how that works out we might have it running for a few weeks via Invesdor.

It looks promising, watching bitgate. If you will be spending on the ICO Invesdor, let us know. Although I think you will find here a lot of investors. Good luck.

[electronicash]

they are not using escrow even just for a show? we already know escrow would still be useless but even jsut for a show you won't be using escrow?
you could have some support from the users by just having an escrow who's in cahoots with your scamming but no. you chose to use no one.

[TimeTeller]

This project seems to be one of the legits so far. 
Providing links for their info & other stuffs.
Also, the amount that they wanted to raise is reasonable enough, not so ambitious to get a hold of a lot of BTCs unlike other newly-launched coins with overwhelming requirements.

[AmoreJaz]

as with any financial endeavor everyone should stay aware of the possibilities and consequences of investing! if this is a solid investment or not it should make no difference to anyone possibly investing in this!
NEVER invest more then your willing to lose!

[CLains]

This project seems to be one of the legits so far. 
Providing links for their info & other stuffs.
Also, the amount that they wanted to raise is reasonable enough, not so ambitious to get a hold of a lot of BTCs unlike other newly-launched coins with overwhelming requirements.

Thank you!

It is exactly because we aim to grow exponentially that we value the first small steps.

[zahra4577]

For FintechFest February 9th we'll crowdfund for equity in our legal entity BitGate AS, as the crowd will mostly consist of investors from traditional finance. Depending on how that works out we might have it running for a few weeks via Invesdor.

It looks promising, watching bitgate. If you will be spending on the ICO Invesdor, let us know. Although I think you will find here a lot of investors. Good luck.

Can non Norwegian citizens also participate in your ICO.Sorry I never heard about Invesdor before,is it a exchange like Bittrex or Poloniex?

[lambofan]

So it is a gap between the traditional economy and the emerging cryptoeconomy focused on Norway, I do not know why this reminds me another coin of Iceland.

[Odrak]

Will there be a possibility to buy actual equity in BitGate, other than the coin, if you are not able to physically attend the equity crowdfund in Norway?

[CLains]

So it is a gap between the traditional economy and the emerging cryptoeconomy focused on Norway, I do not know why this reminds me another coin of Iceland.

BitGate Norway is doing two things at the same time. On the one hand it's proof-of-concept for the global solution, using a decentralized exchange gateway to bridge the gap between the traditional economy and the emerging cryptoeconomy. On the other hand it's an easy to use, safe and regulated service for Norwegians to trade NOK for BTC. The upshot is that one of the reasons there is no such service in Norway is because of our tricky regulations, something that the decentralized exchange gateway helps solve! Finally, the reason decentralized exchange gateways have been doing poorly is because centralized exchanges are dominating in most markets, making it difficult for them to get a foothold. By starting in Norway we have a nice minimum viable market were we can incubate our service and make it ready for the global stage.

For FintechFest February 9th we'll crowdfund for equity in our legal entity BitGate AS, as the crowd will mostly consist of investors from traditional finance. Depending on how that works out we might have it running for a few weeks via Invesdor.

It looks promising, watching bitgate. If you will be spending on the ICO Invesdor, let us know. Although I think you will find here a lot of investors. Good luck.

Can non Norwegian citizens also participate in your ICO.Sorry I never heard about Invesdor before,is it a exchange like Bittrex or Poloniex?

I think it will be difficult for the cryptocommunity to participate in the Invesdor crowdfund. Invesdor is like Kickstarter, only they give away equity for participation. Since we are giving away traditional equity in that round, there are strong requirements for identity verification to comply with KYC/AML regulations and the like. We will probably do a proper ICO later this year though, after we get some IRL traction in Norway and have the business model and roadmap to scale globally ready.

[CLains]

Will there be a possibility to buy actual equity in BitGate, other than the coin, if you are not able to physically attend the equity crowdfund in Norway?

It is always possible to just send us an email via the form at the bottom here: http://bitgate.no/ico/ if you want to invest directly in BitGate AS, the Norwegian company. We will only do this for substantial sums ($5000 or more) because of the legal/regulatory hassle.

[cengsuwuei]

where youre addres in pre-ico selling
youre not use escrow in pre-ico selling, and how much price youre coin, only send youre bitcoin, youre nothing explain receive coin, total coin, pre-ico selling price