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Author Topic: [ANN] TOKENCARD  (Read 86818 times)
onemanatatime
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April 27, 2017, 04:33:42 AM
 #41

Definitely looks interesting.. a bitcoin debit card is something i've been looking for for awhile, but never found a reliable one.

I was wondering, how do  you plan to compete with other companies doing the same thing?

I like the idea, except that its's another HUGE MONEY GRAB with no product now.

Also , you didn't mention if 100% TKN will be released to ico investors only, or is there some premine kept by the developers?

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April 27, 2017, 04:36:23 AM
 #42

Interesting but; is token going to have a fixed price? Or be subject to exchange rates -- would be risky using a card with a new currency if swipe; oh exchange rate got dumped its only worth .01 cents each now.
Whereas going into the tx it was 50 cents.

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April 27, 2017, 04:48:51 AM
 #43

TKN will be created for the Capital Reserve, Monolith Studio, advisors and early investors as follows:

Monolith Studio, and Advisors
20% of TKN created during the creation event will be created for Monolith Studio, locked in a smart contract for 18 months. We wish to benefit only if the project is operationally successful.
5% of TKN created during the creation event will be created for and granted to advisors.

Capital Reserve
15% of the TKN supply will be credited to the reserve, but not issued. These TKN will be available as an additional fundraising mechanism for the TokenCard project, but may never be issued, depending on circumstances in the future.

During the Token Creation event, we imagine exactly 5 million TKN are created in response to incoming payments.
After the Token Creation event ends, the following TKN are created:
• 1,666,667 TKN for Monolith Studio
• 416,666 TKN for advisors
• 1,250,000 TKN for the Reserve
In total, 7,083,333 TKN are ‘issued’ and 1,250,000 TKN are held in reserve.

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April 27, 2017, 05:50:30 AM
 #44

Is there a member of TOKENCARD here?
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April 27, 2017, 06:24:52 AM
 #45

What escrow will you use? thanks!

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April 27, 2017, 06:28:24 AM
 #46

Will you announce a bounty program soon?

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April 27, 2017, 07:03:50 AM
 #47

Will you announce a bounty program soon?
as what I read there will be signature bounty soon. but no any translation and social media bounties at this time.
maybe they decide about starting social media and translation bounties too. but not now.

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April 27, 2017, 07:29:42 AM
 #48

Do you have any video showing the use case of the card in real life like Plutus did in their 1 week experiment.

What about trading? Can the tokens be traded in the exchanges after the ICO?

What about regulatory issues? Have permissions been acquired from proper authority for issuance of such cards?

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April 27, 2017, 07:33:22 AM
 #49

and where is the escrow? and what do you have to achieve to be able st spend money collected during the ICO?

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April 27, 2017, 08:51:28 AM
 #50

TKN will be created for the Capital Reserve, Monolith Studio, advisors and early investors as follows:

Monolith Studio, and Advisors
20% of TKN created during the creation event will be created for Monolith Studio, locked in a smart contract for 18 months. We wish to benefit only if the project is operationally successful.
5% of TKN created during the creation event will be created for and granted to advisors.

Capital Reserve
15% of the TKN supply will be credited to the reserve, but not issued. These TKN will be available as an additional fundraising mechanism for the TokenCard project, but may never be issued, depending on circumstances in the future.

During the Token Creation event, we imagine exactly 5 million TKN are created in response to incoming payments.
After the Token Creation event ends, the following TKN are created:
• 1,666,667 TKN for Monolith Studio
• 416,666 TKN for advisors
• 1,250,000 TKN for the Reserve
In total, 7,083,333 TKN are ‘issued’ and 1,250,000 TKN are held in reserve.

Thank you for your notice. I will watch it and wait for ICO launching.
I think the total supply is quite low and it's just only more 7mil coins so the price for each token is higher.
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April 27, 2017, 08:59:48 AM
 #51

Why has ICOcountdown.com started this ANN, not the tokencard team?

Why is iwantapony talking as if he's with the tokencard team, but at the same time he has a blockpool.io avatar?

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April 27, 2017, 09:03:24 AM
 #52

@ICOcountdown Do you know what is their github repository.

I don't see response for that.

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April 27, 2017, 09:10:23 AM
 #53

not open bounty dev
you open ico selling in 2 may 2017, but iam never see youre write about bounty
i think you need promotion if open ico selling

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April 27, 2017, 09:19:09 AM
 #54

are you allowed to use the visa logo?

I think they are not allowed to use VISA Logo ..


RED FLAGS ON THIS

I don't think they are allowed to use it either..

.. so where can we see VISA as partner which allows them to use their logo?


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EDisney
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April 27, 2017, 09:34:48 AM
 #55

According to their slack, this is NOT AN OFFICIAL ANN !

Join their slack for official information: https://tokencard-team.herokuapp.com/

or read their blog https://medium.com/@MonolithStudio

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April 27, 2017, 12:19:17 PM
 #56

Do you have any video showing the use case of the card in real life like Plutus did in their 1 week experiment.

What about trading? Can the tokens be traded in the exchanges after the ICO?

What about regulatory issues? Have permissions been acquired from proper authority for issuance of such cards?

They have a Chinese partner who is licensed to issue Visa cards, so the project will first establish their market in China.

For usage cases, I wrote a medium article about the project that includes a few.  https://medium.com/@Urshulgi/tokencard-an-ethereum-startup-to-keep-your-eyes-on-d8b6194c1e36

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April 27, 2017, 02:50:43 PM
 #57

Chinese Whitepaper can be found here:

https://drive.google.com/file/d/0Bw3Rftiodf5uVlVBcXRBenp3dEU/view

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April 27, 2017, 02:59:02 PM
 #58

Interesting. Will keep an eye on this
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April 27, 2017, 06:44:00 PM
 #59

I understand that developers do not appear in this topic and do not consider this an important part of bringing potential investors to their project. It would be worth paying more attention to the users of this forum.

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April 27, 2017, 06:58:39 PM
 #60

I understand that developers do not appear in this topic and do not consider this an important part of bringing potential investors to their project. It would be worth paying more attention to the users of this forum.

This is not their official ANN.

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