[ANN] [STJ] STORJ Token Sale :: 19th May - 19th June

[tempestb]

Very cool. 

I noticed this on the tokensale page as well...

* The token distribution will be determined at the currency exchange rate that is effective at the time of the payment. The currency exchange rate cannot be guaranteed.

[heunland]

Only use the deposit address displayed in the web app at storj.io/tokensale to participate in the Token Sale. DO NOT respond to posts or DMs of people showing a deposit address for ETH or BTC or offering you a great discount for STORJ tokens, or even just a chance to get in on the sale after the limit was already reached. There could be all kinds of scams possible.

[andy75]

Very cool. 

I noticed this on the tokensale page as well...

* The token distribution will be determined at the currency exchange rate that is effective at the time of the payment. The currency exchange rate cannot be guaranteed.

they going to count it manually ? 

[tempestb]

I believe that it is all automated.

[miramare]

The requirements of sending ETH is to fix a gas limit with 250000.
How to do this with a ETH wallet?
I can't find the option to change the default gas limit.

[daylox]

Hi, why we still can't find the sell tokens in poloniex?

[heunland]

Hi, why we still can't find the sell tokens in poloniex?

how do you suppose they are going to list a token that hasn´t been distributed yet to anyone? Please read the FAQ on storj.io/tokensale and find out that buyers will get their tokens after the sale concludes. When the token will be listed is entirely up to the exchanges. Please ask your favorite exchange to list the coin if you want to accelerate that process.

[sezyumx]

This is unbelievable . Even if someday it wasn't, and 21,583,969.59 dollars were invested .

[amintek15]

7M raised in less than 24H, 8M left to go maybe in next 24 H ? I hope it won't slow down as ETH price goes up it would'nt be good for early investors

[coin@coin]

7M raised in less than 24H, 8M left to go maybe in next 24 H ? I hope it won't slow down as ETH price goes up it would'nt be good for early investors

Agree, sale did pretty well so far including a whopping 15 million in the presale. 

[coin@coin]

The requirements of sending ETH is to fix a gas limit with 250000.
How to do this with a ETH wallet?
I can't find the option to change the default gas limit.

If you are using Ethereum Wallet before you send the transaction click on the GAS text (it's highlighted like a URL) then you can edit it.

[jacaf01]

I will let this pass, I just don't buy into the idea of RICO, it is unfair to new investors the price has already been priced into this. I will rather wait and buy on exchange at a fair price

[amintek15]

I will let this pass, I just don't buy into the idea of RICO, it is unfair to new investors the price has already been priced into this. I will rather wait and buy on exchange at a fair price

what is fair price for you ? because actually SJCX is trading at 60c not 50c..

[miayama]

USD Total Raised 22,210,238.85

BTC 1,392.21

ETH 35,911.69

According to my calculations, this amount is not obtained

[amintek15]

USD Total Raised 22,210,238.85

BTC 1,392.21

ETH 35,911.69

According to my calculations, this amount is not obtained

BTC and ETH that you see represents 7M only because 15M was raised in the presale

[xcajun21]

What is about the collaboration with Microsoft?
Converting old coin to the new one, is a potentially good thing or a bad thing for investor?
The coin will be released on poloniex but is already on poloniex and bittrex, why bring new ico, what happen with the older ico?
What If the demand for storage is not so great and there won't be many prosperous farmers?
How did presale gather this sum of over 15 milion in such short period?
Why would take up to 4 weeks to release the new takes if there is already the token in the market?
Why needed a new ico for the same product?

[tempestb]

What is about the collaboration with Microsoft?
Converting old coin to the new one, is a potentially good thing or a bad thing for investor?
The coin will be released on poloniex but is already on poloniex and bittrex, why bring new ico, what happen with the older ico?
What If the demand for storage is not so great and there won't be many prosperous farmers?
How did presale gather this sum of over 15 milion in such short period?
Why would take up to 4 weeks to release the new takes if there is already the token in the market?
Why needed a new ico for the same product?

Collaboration with Microsoft?  I have no idea what you're talking about.

Converting old coin to new one.  It will be a simple process of sending your coins to an official website, and getting an equal number of new coins back to your wallet address.   The old coins used the Bitcoin blockchain (Counterparty) and the new ones will use the Ethereum blockchain.

Why bring new ico?  Storj was switching to the Ethereum blockchain instead of the Bitcoin blockchain to speed transactions and reduce fees.  It made sense to also do another coin sale round.  They did not create more coins.  They have held the majority of coins and decided to sell and burn an equal portion during the sale.

What if the demand for storage is not so great?  Well, that's a question you can apply to any business.  What if nobody needs to buy bricks any more?  What happens to the Brick maker?   I can't answer that. 

How did they handle the presale?  It was announced months in advance.  It was laid out in various blog postings.  It was public the entire time.  Anyone could have participated if they met the minimum threshold.

Why will it take 4 weeks?  It will take until the end of the sale.  So if you bought your coins on the first day, you have to wait until at least the end of the sale, so everyone gets their coins at around the same time.

Why a new ICO?  Funding to help the project.  They control the majority of coins because the first ICO didn't sell that well.  (Unfortunate because the price then was 22 cents a coin, and now it's 50 cents)  So because they are switching coin back ends, they are having another sale from the same coin supply.  New coins were not created.

[PCindy]

wow USD total raised 22,805,904.76 
this is a big investor and project good longtren
Storj to the moon

[lemipawa]

Followed storjproject in Twitter and activated storj bot in Telegram and I would say I am impressed with the update that they publish from time to time. This is the type of project that we need, a company that is transparent and not hiding any from the public.

[xcajun21]

What is about the collaboration with Microsoft?

It said about Microsoft

"
cryptobubble:
I cannot give investment advice nor formulate much on it but I can give my opinion which is: if the platform is successful (it's already live and production ready, with over 20K users and 19K farmers); we have one fortune 500 customer (Cox Industries); we have partnered with Microsoft and Heroku for easy to use integrations.

If the team raises more funds to speed development, build new useful apps on top of the platform (for example a new Dropbox, Image Sharing Apps, Secure and Private cloud storage apps, etc, etc), demand for storage will increase, farmers will earn more rewards and the value of the token will benefit in the medium-long term.

and etc
cryptobubble:
Also the target market is enterprise customers right now and third party developers, we provide a platform that anyone can use as a backend to their websites, apps, or whatever they need building that requires storage. So expanding the capabilities and stability of the network will allow Storj to be able to compete with Amazon, Google, and Microsoft in the 60 Billion per year cloud storage industry."

Could turn out to be good if continues to use big names