*** *** VLT TOKEN SWAP IS LIVE *** *** VELTOR | ALVALOR discussion *** ***

[Geenstijl]

UPDATE NOTE: SWAP % INCREASED FROM 5% to 20%.

Veltor | Alvalor - A leaner blockchain
www.alvalor.org

I know the devs closed down the original Veltor discussion thread. However, I am still an investor and I'd like to keep the discussion going.


Exchanges

https://yobit.net/en/trade/VLT/BTC


The dev team

Mindaugas Kurlavicius (Ruby Developer)
Max Wolter (Go Developer)
Sergii Shumakov (C# Developer)
Julien Bordellier (Dev Ops)
Alexander Bremin (Entrepreneur)
Gaury Antoine (Product Manager)
Ivan Mendoza (Web Developer)

The dev team is based in the city of Luxemburg.



The offer for Veltor to Alvalor

Veltor will do an initial coin offering in Q3-Q4 2017 in order to distribute the Veltor tokens created by the launch of the new client codebase. The foundation aims to raise between €5 and €20 million (the minimum and maximum will be somewhere in that range). The funds will be used to accelerate development, to sponsor research and to create the Donar Network, a revolutionary blockchain platform.

80% of the tokens will be distributed to ICO investors, while 20% of the tokens will be granted to the foundation, including 5% of the total supply which will be swapped in direct exchange for old Veltor tokens. It will give early investors a chance to keep their initial investment reasonably intact in terms of absolute value. We can't deny, though, that it will significantly dilute their share of the total market capitalization.

Here is the full announcement of this offer




Additional info

current market cap: http://coinmarketcap.com/currencies/veltor/

Exchanges: https://yobit.net/en/trade/VLT/BTC



Official Dev news updates | every Sunday

https://medium.com/alvalor




Veltor wallets:

Windows:
https://mega.nz/#!6MVFlTiL!JKsj6aC1HOievwSbKx7IJ_EqN-RemBJk6kSCRAL8ukQ

Mac:
https://mega.nz/#!WVkVxBCS!D-voyRKdmsla_V_tFw3rG-IzWWCw7QysW7hRlkgLehI

*** NOTE: I am in no way related to VELTOR or ALVALOR. I am just an investor. ***

[Antona]

reserve indoneisan translator sir
thank you

[Geenstijl]

reserve indoneisan translator sir
thank you

No translations needed....

[vingaard]

Another time veltor?... thanks but NOT thanks... I lost a lot of money with previous veltor when Dev wanted more money an proposed an unfair ICO with previous veltor holders... one time and no more... this is an scam. Bye Veltor... Bye... die and let us rest in peace without you

[Hunterwolfie]

As an "investor", you should really be bloody furious about your measly 5% for your "old veltor"...

The Veltor Team have demonstrated that they are a bunch of arrogant muppets who are not worthy of a single satoshi.

This is a blatant money grab....

 

PS: Why the moderated thread? If it's unofficial, you should really open an unmoderated one. While I appreciate your were an old investor, I was as

well. I took a massive loss on Veltor but that's part and parcel of the game. If you opened this thread to try and salvage your "investment", then you really should be hanging your head in shame because the Veltor team are just out to line their own pockets. I know you've done very well with some of your investments. You really should not be shilling for these scammers.

[Iwannacry]

reserve indoneisan translator sir
thank you

Go to marketplace topic please.

[owaisted]

reserve indoneisan translator sir
thank you

Beggar. Go away, you are a plague to this forum. We need pest control.

https://vwellhealth.com/wp-content/uploads/2012/07/bug-spray.jpg

my apologies for getting off topic but this (and your previous posts on reserve translations) made me geniunely laugh.

[Geenstijl]

As an "investor", you should really be bloody furious about your measly 5% for your "old veltor"...

The Veltor Team have demonstrated that they are a bunch of arrogant muppets who are not worthy of a single satoshi.

This is a blatant money grab....

 

PS: Why the moderated thread? If it's unofficial, you should really open an unmoderated one. While I appreciate your were an old investor, I was as

well. I took a massive loss on Veltor but that's part and parcel of the game. If you opened this thread to try and salvage your "investment", then you really should be hanging your head in shame because the Veltor team are just out to line their own pockets. I know you've done very well with some of your investments. You really should not be shilling for these scammers.

Veltor was a coin with no development fund. All of a sudden the price spikes to multi millions and the dev were supposed to develope the project without funds?

I think they had no choice but to announce the ICO asap. I lost coins, but I am also buying more at the moment. I think the team is very open about their plans, but I also agree that 5% is really a bad offer. If it would have been higher the coin would not have crashed like it did.

The current market cap is 170k. That means total market cap is 3.5 million. That's a lot. I also hope the team will reconsider their offer and set it to 10% or 15%. It's a fair deal. Don't forget that the value of Alvslor will be much higher than veltor, as it is a coin with bigger ambitions and an actual development budget.

Untill the ICO I just wait and build up my stake. At current price there is not much to lose. They promised the announcement of big partnerships.

[Geenstijl]

https://medium.com/alvalor/blockchain-and-the-importance-of-scalability-30dcc0479762

[sockpuppet1911]

Is someone planning to take over veltor after the burning?
 That would be a cool move. Think of the scarcity of it after that ;P

[Geenstijl]

https://medium.com/alvalor

Worth reading. Nice things are coming to veltor holders.

[vingaard]

https://medium.com/alvalor

Worth reading. Nice things are coming to veltor holders.

Not really, I've read better fairytales than that... They scammed me once, they will not scam me twice...

[Prof. Dister]

Did anyone else here read about the 5% to 10% veltor alvalor swap increase?
Excellent news! Looking forward.

[Geenstijl]

Did anyone else here read about the 5% to 10% veltor alvalor swap increase?
Excellent news! Looking forward.

This would really be excellent. Where did you read?

[Geenstijl]

Nevermind I found it myself in the telegram!

Max Wolter:
Hello everyone. We just wanted to announce that we changed the structure of the token allocation in the context of some changes with the project. It is therefore my privilege to announce that we will now allocate 10% to the Veltor coin swap (rather than the previous 5%) in appreciation of the efforts the community members have made to contribute.

Max Wolter:
The total ever VAL supply will be 18446744073709551615. 80% (subject to change) of that will be created in the genesis block. Of these 80%, 10% will be attributed to the Veltor coin swap, which should be around 1.4757395e+18. This means that each VLT swapped, if everyone swaps, will get 2.6589901e+12 Valor units, or ~2.66T (tera) VAL tokens.

[sockpuppet1911]

edit: Oops i quoted wrong dude

[Prof. Dister]

Did anyone else here read about the 5% to 10% veltor alvalor swap increase?
Excellent news! Looking forward.

This would really be excellent. Where did you read?

The announcement was made here https://t.me/alvalor and here https://twitter.com/alvalorproject

Yobit has finally moved their lazy ass and got the veltor out of maintenance mode.

[auroboros]

I see good progress in your discussion thread, but I'm not sure to join this project, I suggest this project create a thread on the marketplace, create a good thread

[Prof. Dister]

I don't think developers are here.

The switch was made from here to the medium page.

[Geenstijl]

They are in the telegram group. Medium is good to stay updated. They are working hard in cryptovalley in Zug, Switzerland where also other big projects such as Melon and Lykke are located.