[ANN] Λ (APX) APX Ventures | Ubiq-Secured | Crowdfund + Escrow via Bittrex ✔ |

[APX.Ventures]

Statement regarding potential hardfork for BTC...

The APX Team will continuously monitor the Bitcoin Core vs. Bitcoin Unlimited situation. In the case of an impending hardfork, APX will prepare in the following ways:

- up to 35% of BTC will be converted to $ (USD) as a hedge.
- 40% of BTC will be diversified into select higher market cap. coins
- 25% will be kept as BTC, after hardfork BTU will most likely be sold for BTC.

Not only is the hardfork process promoted by Bitcoin Unlimited reckless, Bitcoin Unlimited has demonstrated technical incompetence on multiple occasions. The development team behind Bitcoin Unlimited is incapable of producing functional and reliable code. Noting this, the APX Team will continue to fully support and view the chain supported by Bitcoin Core as most in line with Bitcoin's original vision of a secure, decentralized, and peer-to-peer payment network.

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[misterbones]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

[tomsmith26]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

yes, These quetions are known clearly and I will join it after ICO launching. I will follow this thread .

[APX.Ventures]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

[notsofast]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

In some cases, to preserve speed and knowledge advantages, I won't even have time to disclose what is being mined until the play is complete. Much like I do personally with my own mining now.

The basic mining program will attempt to speculatively mine single coins that have a good chance of price growth that would beat current multipool baselines. From time to time, as opportunities arise, I will be pulling some or all our available hashpower into time-critical mining plays.

The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there.

[alt213]

APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.

[APX.Ventures]

APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.

There will be a crowdfund hosted by Bittrex. You will get APX in return for participating in this crowdfund.

[Watanabe1505]

I can do Vietnamese translation for this project if you need

[misterbones]

APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.

I can answer this for you , if you want .

In ICO'S Participants are called as donors for legal reason that they do not acquire stake or equity in the company .

If in an ICO , someone is calling you can investor then u become an equity holders and thus gives you stake in the company .

PS:- Most ico's refrain from using the word "Donors" because they simply want to ignore this question of legal liability but as these guys are legit they pretty much mentioned that participants are donors and not investors .

I hope this answers your question . 

[sezyumx]

Good to keep the target at 1000 btc. I hope it gets more btc investment.

[Katewind]

APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.

There will be a crowdfund hosted by Bittrex. You will get APX in return for participating in this crowdfund.

Reseved this thread and I will watch this project After ICO project released on Bittrex exchange later. It looks good to join .

[CountofMonteCrypto]

so do token holders get a stake in the mining equipment or the commodities you plan on investing in?

[APX.Ventures]

so do token holders get a stake in the mining equipment or the commodities you plan on investing in?

We are unable to offer equity due to legal reasons. However, we will look into ways of legally issuing equity to token holders in the future. It is important to note that this is a complex process and not guaranteed.
You will get indirect exposure to our mining equipment and other operations through our allocation of profits from all operations.

[UNO_owner]

Sounds like a project with lot of potentials but ill have to wait and see
because it reminds me the Quantum [QTM] where Ace and some other twitter celebrities was onboard but project failed hard
well best of luck to the team & the investors

I'd like to think I'm more then a twitter celebrity.

Good point mentioning QTM.  I'd forgotten about that.  That actually WAS a scam.  Not saying this one will be, but that one was.

[CountofMonteCrypto]

yeah im a ubq holder and a fan of notsofast on twitter so definitely am interested
but for me the main problem i forsee is there is nothing legally holding you back from taking the ICO "donations" buying mining equipment investing in other crypto and just forming a registered company and putting all those assets under it legally and just not supporting APX. So if you could present some legally binding resolution to ensure that token ICO funds would be protected in some way from being misused. Other than that it is just reputation that is at stake here. And we all know how that works in crypto.

[Crypto_FreeMan]

I am big fan of ACe. I like waht he is doing. Defenily worth to participate in.  i am collecting a big chunk of ubq to participate in. Good LUCK to all!

[bathrobehero]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

In some cases, to preserve speed and knowledge advantages, I won't even have time to disclose what is being mined until the play is complete. Much like I do personally with my own mining now.

The basic mining program will attempt to speculatively mine single coins that have a good chance of price growth that would beat current multipool baselines. From time to time, as opportunities arise, I will be pulling some or all our available hashpower into time-critical mining plays.

The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there.

But it is a cloud mining operation with some obscurity and a ridiculous ROI projection based on speculative mining which, as I already stated, is both high risk and not sustainable.

If you really had 3 months to ROI consistently, you wouldn't brag about it, let alone sell/share it. Or, at the very least it would not be scalable.


Ignoring the mining part, the project stinks, even more so with every comment trying to defend it.


A recap:
 - super profitable but secret mining opportunity, but "not a cloud mining service";
 - will be super profitable but we need money;
 - Crypto Review will help reducing the risk associated with investing into coins, but donate to us with a waiver that gives up all your rights and demands which puts this coin on the level of gambling on a casino machine;
 - it's an ICO, but let's not call it an ICO due to legal purposes.

Blows my mind how many people seem to willing to throw money at the this based solely on reputation. As if that would have any meaningful merit when it comes to actually implementing projects like this.

[PiotrZielinski]

Sorry, you are adding nothing of innovative value here. There are plenty of ICO review sites, Public Crypto Portfolios with good reputations (such as Blue Magic Capital), Will the mining operation even pay dividends to coin investors?

Looking at the roadmap, 15 btc to buy yourself some cool laptops and a few Trezors, 300 btc level commencing a crypto review platform.

You guys have a good reputation but this just seems very half-assed. I hope that you will be able to convince me otherwise in future developments.  

I understand your concerns. What ico review site do you consider good?

https://www.icoalert.com/

https://github.com/Scanate/UltimateICOCalendar

Smith and Crown

http://icorating.com/

[Crypto_FreeMan]

another shitcoin scam

Best comment ever.... Any facts?? concerns? From your nick i see that you are another troll. Just read all thread and you will get explanation on all your questions.

[APX.Ventures]

Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

In some cases, to preserve speed and knowledge advantages, I won't even have time to disclose what is being mined until the play is complete. Much like I do personally with my own mining now.

The basic mining program will attempt to speculatively mine single coins that have a good chance of price growth that would beat current multipool baselines. From time to time, as opportunities arise, I will be pulling some or all our available hashpower into time-critical mining plays.

The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there.

But it is a cloud mining operation with some obscurity and a ridiculous ROI projection based on speculative mining which, as I already stated, is both high risk and not sustainable.

If you really had 3 months to ROI consistently, you wouldn't brag about it, let alone sell/share it. Or, at the very least it would not be scalable.


Ignoring the mining part, the project stinks, even more so with every comment trying to defend it.


A recap:
 - super profitable but secret mining opportunity, but "not a cloud mining service";
 - will be super profitable but we need money;
 - Crypto Review will help reducing the risk associated with investing into coins, but donate to us with a waiver that gives up all your rights and demands which puts this coin on the level of gambling on a casino machine;
 - it's an ICO, but let's not call it an ICO due to legal purposes.

Blows my mind how many people seem to willing to throw money at the this based solely on reputation. As if that would have any meaningful merit when it comes to actually implementing projects like this.

Your assumptions aren't necessarily correct and I would like to respectfully disagree. You simply view things from a different perspective than others.
Please feel free to keep tabs on this project. Maybe you'll change your mind after some time.