🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟

[manache]

any bounty campaign translator for indonesian language ?, i'm ready for it

[btcrocks]

any bounty campaign translator for indonesian language ?, i'm ready for it

LOL, you must be kidding I guess.The bounty for this project was over some months back.You need to move on to other threads which have some bounty campaign open for newcomers.

[Ipwich]

any bounty campaign translator for indonesian language ?, i'm ready for it

Are you kidding me? the bounty is over a long time ago already.
In fact I have participated in the bounty program and still holding my reward until now.

[wnj4]

All Starta Token investors
Im a investor if i buy some from market too, so how it will work?

I am not an ico investor and bought some cheap coins with 30% less ico price, Do I too get the privilege of earning some tokens from starta portfolio companies?

All Starta coins holders will receive tokens from the ico in which Starta participates that is what they communicated.
The profits will be distributed when the investee companies are sold. No fixed date depends on the market, 3 or 4 years on average in VC.

Does that mean we would need to hold 3-4years to earn those coins? If starta follows VC method, then I guess it is not worth to be in this project.3-4 years time is a very long-term in crypto world.

We would need to hold our Starta 3-4years and will be able to receive tokens from the ico in which Starta participates, This is not logical at all, to keep the Starta throughout this period. and then what will we gain?

[anirgu]

All Starta Token investors
Im a investor if i buy some from market too, so how it will work?

I am not an ico investor and bought some cheap coins with 30% less ico price, Do I too get the privilege of earning some tokens from starta portfolio companies?

All Starta coins holders will receive tokens from the ico in which Starta participates that is what they communicated.
The profits will be distributed when the investee companies are sold. No fixed date depends on the market, 3 or 4 years on average in VC.

Does that mean we would need to hold 3-4years to earn those coins? If starta follows VC method, then I guess it is not worth to be in this project.3-4 years time is a very long-term in crypto world.

We would need to hold our Starta 3-4years and will be able to receive tokens from the ico in which Starta participates, This is not logical at all, to keep the Starta throughout this period. and then what will we gain?

Will it really take 3-4 years for starta to provide the portfolio token distribution to investors? Come on, this looks to be some kind of fud or incomplete information being passed over this forum.Would be expecting someone from the team, do respond to this query and make things clear.

[cryptokyle]

All Starta Token investors
Im a investor if i buy some from market too, so how it will work?

I am not an ico investor and bought some cheap coins with 30% less ico price, Do I too get the privilege of earning some tokens from starta portfolio companies?

All Starta coins holders will receive tokens from the ico in which Starta participates that is what they communicated.
The profits will be distributed when the investee companies are sold. No fixed date depends on the market, 3 or 4 years on average in VC.

Does that mean we would need to hold 3-4years to earn those coins? If starta follows VC method, then I guess it is not worth to be in this project.3-4 years time is a very long-term in crypto world.

We would need to hold our Starta 3-4years and will be able to receive tokens from the ico in which Starta participates, This is not logical at all, to keep the Starta throughout this period. and then what will we gain?

Will it really take 3-4 years for starta to provide the portfolio token distribution to investors? Come on, this looks to be some kind of fud or incomplete information being passed over this forum.Would be expecting someone from the team, do respond to this query and make things clear.

It has been disclosed that the tokens received from the CND sale have to be held one year before they are able to arrange a sell to a secondary buyer per agreement with CND in regards to the vesting period. It will probably be a similar timeframe for other tokens that STA receives. So expect one year from ICO dates of those companies in STA portfolio to sell and have cross coin buy back STA on the open market.

This only covers the tokens received from the ICOs. These serve as a 'bonus' so to speak. STA, and crosscoin, still own a percentage of each of these companies too and will make exits further along. I think 3-4 years is a bit much in the crypto world, but we should expect at least 2 years for their exits from the companies that are successful in obtaining 10+ million valuations. It will be at this time that they receive funds to buy back STA on the open market as well.

There is little news from STA at the moment due to the fact there is little to discuss. VC companies like this just fire away at different companies that have potential and hope at least a few hit it big. They then sell their positions years later. That is how this game is played. Anyone buying the STA token should know this as well. We can look forward to buybacks on STA from the proceeds of any ICO coins that Starta Holdings owns within maybe a year, but any holders of STA need to be patient for the actual exits from the successful companies in the portfolio. These exits will take many years.

This is a long term play. Perhaps Starta Holdings even holds a few of these companies to a 50+ million valuation if they see a lot of momentum. Seeing as they own I think around 7% of these companies and cross coin owns 1/3 of the 7% (around 2-2.5%), if they sold their position in one of these companies at that valuation, that'd be 1+ million buy pressure on STA trading around a 2-3 million valuation currently. That buy pressure alone would catapult prices massively.

[Notin2]

All Starta Token investors
Im a investor if i buy some from market too, so how it will work?

I am not an ico investor and bought some cheap coins with 30% less ico price, Do I too get the privilege of earning some tokens from starta portfolio companies?

All Starta coins holders will receive tokens from the ico in which Starta participates that is what they communicated.
The profits will be distributed when the investee companies are sold. No fixed date depends on the market, 3 or 4 years on average in VC.

Does that mean we would need to hold 3-4years to earn those coins? If starta follows VC method, then I guess it is not worth to be in this project.3-4 years time is a very long-term in crypto world.

We would need to hold our Starta 3-4years and will be able to receive tokens from the ico in which Starta participates, This is not logical at all, to keep the Starta throughout this period. and then what will we gain?

Will it really take 3-4 years for starta to provide the portfolio token distribution to investors? Come on, this looks to be some kind of fud or incomplete information being passed over this forum.Would be expecting someone from the team, do respond to this query and make things clear.

It has been disclosed that the tokens received from the CND sale have to be held one year before they are able to arrange a sell to a secondary buyer per agreement with CND in regards to the vesting period. It will probably be a similar timeframe for other tokens that STA receives. So expect one year from ICO dates of those companies in STA portfolio to sell and have cross coin buy back STA on the open market.

This only covers the tokens received from the ICOs. These serve as a 'bonus' so to speak. STA, and crosscoin, still own a percentage of each of these companies too and will make exits further along. I think 3-4 years is a bit much in the crypto world, but we should expect at least 2 years for their exits from the companies that are successful in obtaining 10+ million valuations. It will be at this time that they receive funds to buy back STA on the open market as well.

There is little news from STA at the moment due to the fact there is little to discuss. VC companies like this just fire away at different companies that have potential and hope at least a few hit it big. They then sell their positions years later. That is how this game is played. Anyone buying the STA token should know this as well. We can look forward to buybacks on STA from the proceeds of any ICO coins that Starta Holdings owns within maybe a year, but any holders of STA need to be patient for the actual exits from the successful companies in the portfolio. These exits will take many years.

This is a long term play. Perhaps Starta Holdings even holds a few of these companies to a 50+ million valuation if they see a lot of momentum. Seeing as they own I think around 7% of these companies and cross coin owns 1/3 of the 7% (around 2-2.5%), if they sold their position in one of these companies at that valuation, that'd be 1+ million buy pressure on STA trading around a 2-3 million valuation currently. That buy pressure alone would catapult prices massively.

[cyrixcer]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

[BTCGOLD]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

In they announcement is not provided information about exact date of buying back tokens from market.  Two or three ICOs from their portfolio already ended, so I think it should be soon..

[seek4dream]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

The price is really depressing.
It should be 2 USD now, since the BTC price has more than doubled.
I hope Starta holders can get these tokens.

[lofegs]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

In they announcement is not provided information about exact date of buying back tokens from market.  Two or three ICOs from their portfolio already ended, so I think it should be soon..

Anryze and Cindicator did good job on their ICOs. We'll see how it'll affect our STAs

[andiko]

All would be good if the team did not keep silent and informed all investors of their plans. It is still not clear how investors will profit from the project.

[investortrusted]

It seems we will be seeing some action soon

[OZmaster]

What was the average price per token during the ICO? And back to the question about those holding periods: I believe it will take a lot of time until they can sell a project at a profit and distribute the income to the holders. If I understand correctly they also invest into projects which have nothing to do with blockchain. And many other industries are rather slowly progressing. If they make good choices then there might be good returns, but it will still take time for any investment outside the crypto world to turn into a huge profit I think.

[vortexz]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

you are still in profit..
at the time of starta ico, bitcoin price was below 2500$
and currently bitcoin price is double.. so USD wise you are in profit

[BTCGOLD]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

you are still in profit..
at the time of starta ico, bitcoin price was below 2500$
and currently bitcoin price is double.. so USD wise you are in profit

Sorry, but you are wrong.

At coinmarketcap the price is clearly converted directly into dollar value. At this moment it is $0.552969

https://coinmarketcap.com/currencies/starta/

So everyone who invested in the ICO lost at this point around $0.45 on each token.

[standards]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

you are still in profit..
at the time of starta ico, bitcoin price was below 2500$
and currently bitcoin price is double.. so USD wise you are in profit

Sorry, but you are wrong.

At coinmarketcap the price is clearly converted directly into dollar value. At this moment it is $0.552969

https://coinmarketcap.com/currencies/starta/

So everyone who invested in the ICO lost at this point around $0.45 on each token.

so BTC wise, we suffer 80% loss?

[cryptokyle]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

The price is really depressing.
It should be 2 USD now, since the BTC price has more than doubled.
I hope Starta holders can get these tokens.

No, you won't get these tokens. Information from telegram is as follows:


Dear All!
Cross Coin and Starta Accelerator to pioneer new VC tools with first STA token buyback following Cindicator tokensale

7 September 2017
New York – Singapore

Funds raised through a tokensale by one the project’s portfolio companies will be used to deliver value to Starta token holders

Throughout the month of September, hi-tech startup Cindicator (CND), which is part of the Starta Accelerator portfolio, will be selling cryptographic tokens in two successive rounds. A proportion of the new tokens will be transferred through Starta Accelerator to Cross Coin, the company through which $5 million was crowdfunded for investment in Starta Accelerator’s portfolio. Holders of Starta tokens (STA) released by Cross Coin will, for the first time, benefit indirectly from the distribution of the portfolio companies’ tokens. Cross Coin will repurchase STA tokens from the open market using proceeds from the sale of its share of CND tokens.

In accordance with Cindicator’s terms of placement, 18% of CND tokens released will be distributed to the company’s shareholders. Around 5% of these, or approximately 0.9% of the total number of new tokens, will be distributed to Starta Accelerator, one of the shareholders. In turn, Starta Accelerator will send a third of the received tokens to Cross Coin Pte, a Singapore-based company, in proportion to its share in the SPV ‘Starta Accelerator 16/17’.

Cross Coin intends to sell the CND tokens received from Starta Accelerator to a strategic investor – taking into consideration the conditions of the one year vesting imposed on these tokens – and to use the entirety of the proceeds to buy Starta (STA) tokens.

‘This is a new mechanism developed by us specifically for participants of venture-based token sales and providing an opportunity to participate in the portfolio’s startup businesses. Participants of Cross Coin’s token sale will be able not only to expect profits from startups’ exits, but also to participate in intermediate buybacks by passing through all stages of growth for each of the 21 startups in the investment pool and new startups, which will enter the accelerator portfolio in the future,’ comments Alexey Girin, co-founder of Starta Accelerator and the Starta Capital VC Fund.

STA tokens will be bought back from the market in WAVES and BTC. Starta tokens will be repurchased at a market price, within one month from the date of funds from the sale of Cindicator tokens being credited to the Cross Coin wallet designated for the buyback procedure. The technical possibility of transferring CND tokens from Cross Coin to the buyer’s (strategic investor’s) wallet will be possible only after vesting, with a period of one year applied on these tokens.

At the same time, Starta Accelerator will maintain a share in Vote Inc, a shareholder of Cindicator, and expects to continue receiving profits as far as Cindicator develops. CND tokens are infrastructure tokens for the Cindicator technological ecosystem. The distribution of tokens should be considered as a ‘bonus’, rather than an exit from the Cindicator project.

The process of buying STA tokens back is carried out on the initiative of Starta Accelerator. Cindicator does not have any obligations to owners of STA tokens or to Cross Coin Pte. CND tokens are not a type of security, and they are prohibited for sale or transfer to citizens or residents of the USA, Singapore and a number of other countries.

[cryptokyle]

Any news about Cindicator buy back program? And when will be that? What about other projects invested by Starta? The price sucks, I need 1 usd to be back.

you are still in profit..
at the time of starta ico, bitcoin price was below 2500$
and currently bitcoin price is double.. so USD wise you are in profit

Sorry, but you are wrong.

At coinmarketcap the price is clearly converted directly into dollar value. At this moment it is $0.552969

https://coinmarketcap.com/currencies/starta/

So everyone who invested in the ICO lost at this point around $0.45 on each token.

so BTC wise, we suffer 80% loss?

If you purchased at the ICO stage, that is about right. And you can be sure impatient investors who sell now are basically giving their 5 million in capital and the value of their tokens currently straight to the pockets of Starta Holdings and potentially their friends and family as STA knows exactly when they will exit their positions and when buybacks will be performed. They know approximately the real book value of what the STA token encompasses and they can wait for the market to depress before buying in on their own positions before the rounds of buybacks start. Whether you like it or not, the crypto market is ripe for insider trading and impatient people will get slaughtered in a project that has crossover in real world businesses and companies.

[keyscore44]

Is there any clear roadmap or whitepaper where is explained how token holders will get reward from ICO from startup provided by Starta Accelerator?