[ANN] [EON] EXSCUDO - ICO successfully finished!

[kurniajim]

Wow,,
Now 1000 btc raised
Nice project

[1715555791]

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[JENREM]

not much 2 retweet cause no updates on twitter

 @tehMoonwalker, do you mean in the spreadsheet that is not updated?  well If so,  I believe that the team only update stakes weekly in your bounty dashboard. and not daily.  so you can wait anytime of the week to have your stakes reflect in your bounty dashboard.

regards.

[Starkz]

In the event that not all of the coins allocated for Crowdsale are
sold during the Campaign, 50% of the remaining unsold EON will
be distributed among the Crowdsale participants, in shares equal
to possession of the tokens at the time of the Crowdsale's end.
The shares of the Exscudo team, the supervisory board, the share
of technical tokens fund, the Bounty campaign reward, and the
reward of advisors and testers will not participate in the
distribution of the unsold portion of the EON.
50% of unsold EON will form a non-profit organisation Exscudo
Foundation.[/size]

What if the 30k BTC target is not reached (high likelihood)? Are there alternative plans for Exscudo if only 2k BTC is raised by the time the ICO ends?

They'd be lucky if they raise 3K worth BTC. 30K is too much of a goal. No offense but it is overvalued at that.

I'm also waiting on a response from the Dev's (who are pretty darn quiet on here!!??) regarding these ICO points:

So if I understand it correctly:
- using a BTC price of $1444 USD. If Exscudo raises 2K BTC by the end of the ICO = $2,888,000 USD
- 10 million EON initial distribution to ICO investors.
- Leaving 140 720 000 EON
- 140 720 000 EON / 2 = 70,360,000 EON to be distributed to ICO investors proportional to there initial % investment.
- So someone that invested $1500 USD would have a proportional investment 0.0519%
- They would receive a total of 41,706.84 EON
- Then the remaining 70,360,000 will be held in a a "Non-profit organisation Exscudo Foundation."

Do have this correct?

Questions:

1. Is there any lock-up period (1 year....6 months...etc) for the Exscudo Foundation, as well as the team that holds 12% of EON?

2. Is $2.8 million enough to fund the future plans for the project? Specifically, the "Clearing Funds" that Exscudo will require will most likely be a large component of expenditures.
    "Clearing funds are funds that will be allocated in fiat deposits to our partner banks in jurisdictions where Exscudo operates. The funds will be used for internal automatic clearing operations and to enable minimum commissions for our users."

3. Are there plans to increase the size of the Board with some External Board members that are not part of Exscudo?
Current Board Members - 1. Andrew Zimin - CEO, Founder; 2. Alexey Sitnikov - CTO, Founder; 3. Julian Kossinov - CFO.

4. The EON's will be distributed to ICO participants after the EON genesis block. Correct? What is the targeted date for the initial launch of the blockchain of the EON Blockchain Platform and the genesis block?

Any clarity on all these questions would be greatly appreciated. Thank you for your time.

They have over 6,000 BTC from the pre-order sale.

https://blog.exscudo.com/exscudo/investors-rush-exscudo-strikes-back/

[moonchaser]

In the event that not all of the coins allocated for Crowdsale are
sold during the Campaign, 50% of the remaining unsold EON will
be distributed among the Crowdsale participants, in shares equal
to possession of the tokens at the time of the Crowdsale's end.
The shares of the Exscudo team, the supervisory board, the share
of technical tokens fund, the Bounty campaign reward, and the
reward of advisors and testers will not participate in the
distribution of the unsold portion of the EON.
50% of unsold EON will form a non-profit organisation Exscudo
Foundation.[/size]

What if the 30k BTC target is not reached (high likelihood)? Are there alternative plans for Exscudo if only 2k BTC is raised by the time the ICO ends?

They'd be lucky if they raise 3K worth BTC. 30K is too much of a goal. No offense but it is overvalued at that.

I'm also waiting on a response from the Dev's (who are pretty darn quiet on here!!??) regarding these ICO points:

So if I understand it correctly:
- using a BTC price of $1444 USD. If Exscudo raises 2K BTC by the end of the ICO = $2,888,000 USD
- 10 million EON initial distribution to ICO investors.
- Leaving 140 720 000 EON
- 140 720 000 EON / 2 = 70,360,000 EON to be distributed to ICO investors proportional to there initial % investment.
- So someone that invested $1500 USD would have a proportional investment 0.0519%
- They would receive a total of 41,706.84 EON
- Then the remaining 70,360,000 will be held in a a "Non-profit organisation Exscudo Foundation."

Do have this correct?

Questions:

1. Is there any lock-up period (1 year....6 months...etc) for the Exscudo Foundation, as well as the team that holds 12% of EON?

2. Is $2.8 million enough to fund the future plans for the project? Specifically, the "Clearing Funds" that Exscudo will require will most likely be a large component of expenditures.
    "Clearing funds are funds that will be allocated in fiat deposits to our partner banks in jurisdictions where Exscudo operates. The funds will be used for internal automatic clearing operations and to enable minimum commissions for our users."

3. Are there plans to increase the size of the Board with some External Board members that are not part of Exscudo?
Current Board Members - 1. Andrew Zimin - CEO, Founder; 2. Alexey Sitnikov - CTO, Founder; 3. Julian Kossinov - CFO.

4. The EON's will be distributed to ICO participants after the EON genesis block. Correct? What is the targeted date for the initial launch of the blockchain of the EON Blockchain Platform and the genesis block?

Any clarity on all these questions would be greatly appreciated. Thank you for your time.

They have over 6,000 BTC from the pre-order sale.

https://blog.exscudo.com/exscudo/investors-rush-exscudo-strikes-back/

Do you mean the pre-order with 10% bonus?

[smithAwesson]

this 6k is fake
time to redeem EON tokens with 10%bonus - april 27 - is over and we see only 1k

[moonchaser]

this 6k is fake
time to redeem EON tokens with 10%bonus - april 27 - is over and we see only 1k

Well, not fake necessarily, but booked and not bought.

[disconnectme]

this 6k is fake
time to redeem EON tokens with 10%bonus - april 27 - is over and we see only 1k

I think the problem with the redemption of the booked tokens is the crashed of the website due to traffic, I think this scare some investors away, if 6000k was booked I would expect atleast half of that amount to be real

[rescue_96]

Been almost 4 days. When will the twitter and facebook stakes updates? Haven't recieved a single stake on my twitter?

The update of twitter stakes is planned for today, facebook stakes will probably come on Tuesday.

Still waiting for the Facebook stakes update.

It was announced on Tuesday. Meaning....tomorrow.

Lets see if it happens Tuesday, tomorrow 

No update on the Facebook bounty yet??

[Dewi Aries]

Been almost 4 days. When will the twitter and facebook stakes updates? Haven't recieved a single stake on my twitter?

The update of twitter stakes is planned for today, facebook stakes will probably come on Tuesday.

Still waiting for the Facebook stakes update.

It was announced on Tuesday. Meaning....tomorrow.

Lets see if it happens Tuesday, tomorrow 

No update on the Facebook bounty yet??

just wait and be patient maybe Exscudo team still working with it. but actually it is already long enough not update for Facebook stake

[rescue_96]

Hello, why i can't join the slack?

Try using the following link :
https://exscudo-talk.slack.com

It should work. 

[seven.71]

this 6k is fake
time to redeem EON tokens with 10%bonus - april 27 - is over and we see only 1k

On pre-order reaching 6K btc is true,but at the time of the first ICO there was an unexpected trouble because of too much access
It happens is down server, maybe because of the problem investors hesitate,but now it's back to normal, I believe Exscudo will succeed because it has an interesting concept
Slowly but surely the ICO funds are increasing  good luck Exscudo

Is it a fix number of stakes on Facebook or it does increase with each share and how much is it? The Facebook idea is interesting for getting some bonus cakes .

Facebook will be updated this Tuesday

[exscudo]

I'm also waiting on a response from the Dev's (who are pretty darn quiet on here!!??) regarding these ICO points:

So if I understand it correctly:
- using a BTC price of $1444 USD. If Exscudo raises 2K BTC by the end of the ICO = $2,888,000 USD
- 10 million EON initial distribution to ICO investors.
- Leaving 140 720 000 EON
- 140 720 000 EON / 2 = 70,360,000 EON to be distributed to ICO investors proportional to there initial % investment.
- So someone that invested $1500 USD would have a proportional investment 0.0519%
- They would receive a total of 41,706.84 EON
- Then the remaining 70,360,000 will be held in a a "Non-profit organisation Exscudo Foundation."

Do have this correct?

Questions:

1. Is there any lock-up period (1 year....6 months...etc) for the Exscudo Foundation, as well as the team that holds 12% of EON?

2. Is $2.8 million enough to fund the future plans for the project? Specifically, the "Clearing Funds" that Exscudo will require will most likely be a large component of expenditures.
    "Clearing funds are funds that will be allocated in fiat deposits to our partner banks in jurisdictions where Exscudo operates. The funds will be used for internal automatic clearing operations and to enable minimum commissions for our users."

3. Are there plans to increase the size of the Board with some External Board members that are not part of Exscudo?
Current Board Members - 1. Andrew Zimin - CEO, Founder; 2. Alexey Sitnikov - CTO, Founder; 3. Julian Kossinov - CFO.

4. The EON's will be distributed to ICO participants after the EON genesis block. Correct? What is the targeted date for the initial launch of the blockchain of the EON Blockchain Platform and the genesis block?

Any clarity on all these questions would be greatly appreciated. Thank you for your time.

Hello!
Thanks for the questions. Here we go:
1. Yes, there will be a lock-up period. We will announce how long it is going to be a bit later.
2. $2.8 mln are enough for development. Here is the dev plan: https://exscudo.com/Development_Plan.pdf
3. We plan to increase the size of the Board with some External Board members, yes.
4. The EON coins will be distributed amon ICO participants within 2 weeks after the ICO end. This is a security measure. The blockchain will most probably launch before the end of the crowdsale with the Channels messenger.

[exscudo]

Meanwhile I just ranked up to Full Member? Do I need to filled up the application for Signature Campaign?

Yes, of course you can jump the train now! Apply via the respective form and get bounty.

[Jody.Drummer]

I am happy with the information you provide, you are right to pay attention to your project to get the best value and also the coins are very qualified. now total value has reached 1,017 BTC that means there is an increase before I see only 144 BTC and hopefully this be a good start.. good job dev 

[exscudo]

I see there is a little extra 5% bonus and that's a bonus for who? Bounty participants or ico participants?

The 5% bonus is for ICO participants. If you invest into EON coins now, you will get 5% extra coins.

[thew3apon]

All the ico in recent times are getting very high btc. But it's very interesting that it's not like that in you.

[davide72]

what happens with facebook on the bounty panel? 

[mummybtc]

I see there is a little extra 5% bonus and that's a bonus for who? Bounty participants or ico participants?

The 5% bonus is for ICO participants. If you invest into EON coins now, you will get 5% extra coins.

I think this is a good move, the team is sensitive to the market, Bitcoin price has increase significantly in the past few days and to lure investors you need to give them something in return.

[Taylorw]

Good pace, 1,5kk$

[ayu07]

I believe this project will be successful , i would try to invite more friends who want to participate or investor . I do not want to miss a good project