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Author Topic: Aeternity ICO: Is it worth it?  (Read 9082 times)
cmorrowny
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April 01, 2017, 05:56:25 PM
 #1

Aeternity's first ICO begins on April 3rd and I'm interested in throwing a couple of Ether their way in exchange for AE tokens. 1 ETH will get me 1100 AE, meaning each AE is .045 cents. Is it worth investing in the initial ICO, or should I just wait until the coins hit the market? Thanks!

http://www.aeternity.com/
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 02, 2017, 12:55:49 AM
 #2

I am a bit skeptical because I don't think they are going to launch till 2018 first quarter. That is a long time between ico.

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April 02, 2017, 04:09:16 AM
 #3

When one of the people behind it described himself as "the godfather of ether" (or something like that) , I became a bit skeptical.
Robertqueen2
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April 02, 2017, 04:17:39 AM
 #4

There are other ICOs in April, to me, there are better opportunities, I will consider investing in humaniq and matchpool. Maybe Aeternity is a good one, but I can't invest in every ICO.

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dawnasor
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April 02, 2017, 05:29:30 AM
 #5

Aeternity is have promising project  and I think they will grow in the market after they release it on the exchanges.
I will invest some too with this ICO with my liittle amount of Bitcoin.

                       
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Mrbates
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April 02, 2017, 05:30:57 AM
 #6

Sounded good, but... No coin cap

CraigWrightBTC
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April 02, 2017, 05:35:49 AM
 #7

Sounded good, but... No coin cap
If there is no coin cap will be dangerous for investing because it is mean
we are the first people who make investments into this ICO and risk of money is more high
for me it is not worth make investments in this ICO but I must wait the progress of ICO
and updating about this projects from developers.
alani123
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April 02, 2017, 05:45:50 AM
 #8

It bears quite a bit of risk considering how likely it is that money invested wouldn't have a chance to ROI for quite a bit of time. And even from there on out, a possible scenario would be that it's have no market value sufficient for a return of investment.














 

 

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cmorrowny
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April 02, 2017, 06:17:48 AM
 #9

There are other ICOs in April, to me, there are better opportunities, I will consider investing in humaniq and matchpool. Maybe Aeternity is a good one, but I can't invest in every ICO.

I researched Humaniq quite a bit and was pretty convinced until I read their whitepaper. One of the first things they say is that HMQ is NOT designed to be an investment or security and that they believe HMQ may actually decrease in value. They also have no plans to trade it on any exchanges in the near future. I think it's a wonderful idea, but I don't see much potential money in it. I was thinking of donating $50 or something, just to have a stake in the project.
darbsllim
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April 03, 2017, 06:25:09 PM
 #10

It's worth it to contribute at least 11 ETH to get one of the free Ledger Nano wallets they are giving away to the first 1000 people Smiley

I was user ~720 and I got one. That will probably sell out tonight.

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April 05, 2017, 06:17:57 AM
 #11

Hi! You might want to 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
Pearls Before Swine
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April 05, 2017, 06:33:57 AM
 #12

These scams just keep coming,  and they'll go on indefinitely unless people wake up and realize the world doesn't need any more shitcoins.  Sheep get slaughtered.
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April 05, 2017, 09:20:24 AM
 #13

Aeternity's first ICO begins on April 3rd and I'm interested in throwing a couple of Ether their way in exchange for AE tokens. 1 ETH will get me 1100 AE, meaning each AE is .045 cents. Is it worth investing in the initial ICO, or should I just wait until the coins hit the market? Thanks!

http://www.aeternity.com/
Dude, You can grab more cheap coins on the market if the main net will have launched.

But looks like the main net will still have a long time to go.

It bears quite a bit of risk considering how likely it is that money invested wouldn't have a chance to ROI for quite a bit of time. And even from there on out, a possible scenario would be that it's have no market value sufficient for a return of investment.

Especially if that project based on the smart contract innovation but I strongly disagree if that project was bringing a new innovation to us.

Just the same innovation with different methodology aspect. What the hell is that project? with simple correction on the methodology aspect and anyone should have said if that was bringing a new innovation for us? Too many the project just offering a little correction to get the kind word by a lot of the people if that's a new innovation.  



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cryptogear
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April 05, 2017, 09:37:30 AM
 #14

is there any info how much have they made so far? How much is their goal?
cmorrowny
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April 05, 2017, 04:32:45 PM
 #15


Thanks for looking out for me! I've read both of the articles linked. I read the Terms and Conditions top to bottom before contributing, occasionally cringing. I contributed 2 ETH to the project two days ago, just to see if it goes anywhere, but I've come to terms with the fact it may be a scam. I guess this will teach me a lesson about ICO's if it fails. I bought ETH earlier, so it only cost me about $50 for the contribution. I guess we'll see how it plays out   Undecided

is there any info how much have they made so far? How much is their goal?

They've made about $5,000,000 so far between the ETH and BTC raised (116,844 ETH and 296 BTC) and who knows what their goal is. They have another ICO (this is their "phase 1") at the end of May.
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April 05, 2017, 07:52:27 PM
 #16

many ICO that offers such a way, and I was a little skeptical perilah think current ICO aeternity better follow the ICO wetrust and TAAS, both ico was very passable, to have won the trophy oscar wetrust blockchain. if you want to play after ico me suggestions to buy EDG.

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April 06, 2017, 03:34:27 AM
 #17

There are other ICOs in April, to me, there are better opportunities, I will consider investing in humaniq and matchpool. Maybe Aeternity is a good one, but I can't invest in every ICO.

I think there was some drama in the matchpool slack channel where the lead dev said he was out and there are a lot of ETH gone. I would check into that before you invest.

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April 07, 2017, 10:23:28 AM
 #18

Aeternity's first ICO begins on April 3rd and I'm interested in throwing a couple of Ether their way in exchange for AE tokens. 1 ETH will get me 1100 AE, meaning each AE is .045 cents. Is it worth investing in the initial ICO, or should I just wait until the coins hit the market? Thanks!

http://www.aeternity.com/
I think that now it makes sense to invest only in infrastructure projects, and this is one of them.
Starkz
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May 01, 2017, 02:15:07 AM
 #19

There are other ICOs in April, to me, there are better opportunities, I will consider investing in humaniq and matchpool. Maybe Aeternity is a good one, but I can't invest in every ICO.

I think there was some drama in the matchpool slack channel where the lead dev said he was out and there are a lot of ETH gone. I would check into that before you invest.

How much ETH did the lead developer take?

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May 30, 2017, 02:21:04 PM
 #20

imghttps://steemitimages.com/0x0/https://www.aeternity.com/user/themes/aeon/img/aeternity_logo.png/img

 

Blockchain Technology
A blockchain architecture that is scalable, governable and scriptable.


 INDUSTRIAL GRADE CODE BASE
Our core blockchain code is written in Erlang, which makes it easy to write distributed, fault-tolerant, soft real-time and highly available non-stop applications. Erlang is the perfect choice to write a blockchain from scratch allowing to achieve superior operational stability and performance.

 AE TOKEN
AE are the access tokens to the æternity network and act as a unit of account for the resources spent on æternity. Furthermore, æons are the energy for any application implemented on the platform. The initial amount of AE for the genesis block will be determined by a smart contract on Ethereum.

 ORACLES
A crucial feature for most contracts, whether encoded as text or as code, is the ability to refer to values from the environment. The æternity Oracle Machine provides real-world data to the blockchain. Each user can ask questions about the environment. Everybody can answer. The consensus mechanism comes into play in case of disagreement.

 ACCOUNTS & IDENTITY
æternity's accounts are permission-less, but still allow customization via schema.org's semantic web scheme. Create and own your identity on the æternity network - then use it everywhere on the web!

 BLOCKCHAIN NETWORKS
æternity technology is free to use and easy to incorporate.
MIT-licensed modules will allow easy implementation in blockchain consortiums and will enable free and open access for developers to be able to build on the æternity platform. Cross-chain atomic swaps do the rest.

 SMART CONTRACTS
State channels enable highly scalable, trustless transactions of value and purely functional, easily verifiable turing-complete smart contracts. State channels effortlessly support an immense throughput of transactions. The execution as well as settlement happens off-chain. In other words: They are one-to-one- sidechains, where the blockchain acts as a public crypto court.

 NAMES (DNS)
In the vein of Aaron Swartz’ work and Namecoin, æternity features an easy to use name system, that is both decentralized and secure, while still supporting human-friendly, memorable names. The blockchain’s state includes a mapping from unique human-friendly strings to fixed-size byte arrays, which are individually customizable.



Dont miss its phase 2 ICO tomorrow
https://wallet.aeternity.com/
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