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Author Topic: [ANN][ICO] Spectiv: DECENTRALIZED VIRTUAL REALITY (OLD THREAD)  (Read 82942 times)
Andeze17
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July 20, 2017, 05:22:19 PM
 #841

The partnership with Sutton Stone and the legal expertise they will help with is great news for the ICO. With bitcoin now looking better as well having the ICO in the middle of August looks like a good time.

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July 20, 2017, 05:59:29 PM
 #842

Partnered with sutton stone, I'm sure spectiv will be a great project. Waiting for the next announcement, hopefully there will be good news on this project.

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July 20, 2017, 06:10:29 PM
 #843

Thanks for the reply. I appreciate it.

Rather than a huge annoying re-quote, I'll just leave the relevant parts.

1. With the new timeline, we 100% expect to have a demo version of the site before the crowdsale now. The Alpha release will likely be after the crowdsale though.

That is definitely good. Too much style, too little substance so far. I'll be interested to see how it looks.

2. We may be able to handle discussions with exchanges now that we have a new legal structuring planned. The reason we previously stated we could not was due to legal reasons and advice provided to us.

I don't know who was advising you, but giving people an untradeable token doesn't sound like good advice to me. Probably good you got rid of whoever that was. Would you buy a car you couldn't drive???

as there are companies solely focused on that business model (NextVR).

Wow. I actually see this as bad! Really bad.

So you are not first to market with dedicated VR streaming? I had not heard of these guys, but they are clearly ahead of you (I don't see how you using crypto gives you any advantage over them?). And YouTube & co have a HUGE advantage in the non-dedicated area (but still offer it and are established). That's not good.

That's your thing (dedicated VR streaming) that made you different blown out of the water!

Good luck with it. I suspect you're gonna need it ....

We mentioned NextVR to show that live event streaming is possible and is already happening. On that note though, NextVR is not doing what we are doing. They are only focused on the licensed live event streaming and nothing else. Our major focus is on creating a dedicated platform for user generated content and user generated live streaming. This is a more diverse business model that will allow us to achieve a more rapid user acquisition rate. We won't be going into licensed live streaming until our user base is already established. NextVR is not necessarily a competitor, but actually a potential partner that we could work with to host live event streaming.

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July 20, 2017, 06:38:05 PM
 #844

NextVR is not doing what we are doing.

You're right.

They're focussing on the (potentially) profitable part of this. While you're messing around trying to take on YouTube and hoping people are going to pay to watch some guy run around his garden streaming footage from a cheap 360 cam. If you can even get that running. I just tried a Google Jump (another competitor) 3D VR video at max quality on YouTube and it needed a big chunk of bandwidth. (Approx 15 Mbps) If you want to be taken seriously, I'd want to see some costings and estimates on your storage and bandwidth requirements. As you will be looking at some BIG numbers here. (I performance test networks for a living) A vague "oh, we'll probably use Amazon S3" doesn't cut it. I use AWS cloud machines to swarm test networks. I have to provide detailed costing on the instances, what type they are, how long they'll be in use, why I'm using one region over another, etc etc. And I'm one guy working for a decent sized UK tech firm. You are supposedly a team of experts, but are providing no detail worth seeing.

You're talking about a highly technical project here. With some BIG technical requirements if it's going to work. But giving virtually (no pun intended) no detail.

 Undecided

I am the easiest portion of your target market. A VR enthusiast. Nothing about this project has enthused me so far. Sorry.

I'll keep watching this. Out of interest. But I have the feeling I'll either be watching a sinking ship, or a team scurrying off with a load of ICO money they have no intention of following through on.

(And if the beta/preview/whatever version fails to appear before the ICO, then I'm calling scam on this. It's all WAY too vague and unrealistic. But you've said it will appear, so that won't happen right?)


PS .... I hope you prove me wrong. I really do. Because I'm a VR enthusiast, and an early investor in the technology. I've spent a fair chunk of cash on it already and I want it to succeed. But this whole project sounds like it was made up in the pub one night ....
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July 20, 2017, 07:25:30 PM
 #845

NextVR is not doing what we are doing.

You're right.

They're focussing on the (potentially) profitable part of this. While you're messing around trying to take on YouTube and hoping people are going to pay to watch some guy run around his garden streaming footage from a cheap 360 cam. If you can even get that running. I just tried a Google Jump (another competitor) 3D VR video at max quality on YouTube and it needed a big chunk of bandwidth. (Approx 15 Mbps) If you want to be taken seriously, I'd want to see some costings and estimates on your storage and bandwidth requirements. As you will be looking at some BIG numbers here. (I performance test networks for a living) A vague "oh, we'll probably use Amazon S3" doesn't cut it. I use AWS cloud machines to swarm test networks. I have to provide detailed costing on the instances, what type they are, how long they'll be in use, why I'm using one region over another, etc etc. And I'm one guy working for a decent sized UK tech firm. You are supposedly a team of experts, but are providing no detail worth seeing.

You're talking about a highly technical project here. With some BIG technical requirements if it's going to work. But giving virtually (no pun intended) no detail.

 Undecided

I am the easiest portion of your target market. A VR enthusiast. Nothing about this project has enthused me so far. Sorry.

I'll keep watching this. Out of interest. But I have the feeling I'll either be watching a sinking ship, or a team scurrying off with a load of ICO money they have no intention of following through on.

(And if the beta/preview/whatever version fails to appear before the ICO, then I'm calling scam on this. It's all WAY too vague and unrealistic. But you've said it will appear, so that won't happen right?)


PS .... I hope you prove me wrong. I really do. Because I'm a VR enthusiast, and an early investor in the technology. I've spent a fair chunk of cash on it already and I want it to succeed. But this whole project sounds like it was made up in the pub one night ....

Good to have some technical person here, who knows a lot about VR. I'd just like to point out that none of the big streaming platforms (youtube, twitch, etc.) was focusing on profit at the beginning. Getting userbase is always first. I don't know what kind of content Spectiv will be offering on the platform but I hope it wont be 360 of some guys garden footage. I see you are sceptic about it Smiley and that's a good thing - you bring lots of valid points. For example I also wonder about bandwidth and storage costs as VR videos can be huge - SpectivVR can you elaborate more on this matter?

One thing I can tell is the team is not doing a money grab, their intentions to make a great VR platform are real.


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July 20, 2017, 08:20:43 PM
 #846

OK. Stop the clock.  Wink

I wasn't in a position to watch videos earlier today. Only read and post.

So everything I've posted on here up to now, is 100% based on reading. I read this entire thread. I looked for ICO DD's on it. I looked on Reddit. I googled. A lot.

That formed my opinion up to this point.



I'm just finishing watching this: https://www.youtube.com/watch?v=VhLlXfdbN3I



My opinion has changed.

I'm not quite finished watching it yet. But I already changed my mind on one point.

I don't think this is a cash grab/scam.

I'll post fully what I think once I finish the video ....



For reference.....

I'm probably double the age of the guy in the video. (Either of them)

I do due diligence on anything I'm going to put money in. ICO madness has not affected this guy.

Been into IT since I was at school. Studied it. Worked in IT for 20+ years. I mainly do non-functional testing. I stress infrastructures. Networks. Websites. Databases. Etc etc. Basically, people give me software, services, whatever ... and tell me how great they are. And then I break them. First dozen years or so in financial services. Last few years with a large EPoS manufacurer.

But I'm also a gamer since the Atari days.

And been into/around VR since DK1. I have a Vive now. A dedicated rig for it. A dedicated room in my house for it. And a BoboVR for dicking around using phone-VR.

So this ICO interested me. I had noticed it via the "bounty hunters". (They worked on that front. But MAN they can be annoying with the constant shit-posting in this thread ...)



Anyway. Gonna finish watching that interview .....
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July 20, 2017, 09:03:10 PM
 #847

Have now watched the video.

I stick with my post above. I don't think it's a scam.

But .....

I still won't be buying in.


First thing. The interview itself was pretty bad. "Cool. Cool.". "Absolutely. Absolutely.". The interviewer was .... ummm .... pretty bad.

But that's incidental.


I admire the enthusiasm for VR. I suspect I agree with a lot of your thinking there. Broadly.

But as a business/investment?

Nope. It's blue sky thinking. And little more.

The concept was not clear. Why you need crypto is not clear. It doesn't sound like you do. We run loyalty programs at work. Clients use custom URL's (online) and it routes back through various EPoS (which are connected obviously) and other online endpoints. I know what it takes to build and manage a system like that. I break ours on a regular basis. Smiley We don't use Crypto.

"Having an token you can use in VR just made total sense. You don't want to be putting 16 digit numbers in and stuff ...."

Um. No. You buy you in game tokens. You go in video/game. You use your tokens. As you even said in the video! Buy up front. Use in game/video (this chopped and changed a lot throughout). How do you get the crypto? You buy it. When? With what? Crypto didn't seem to serve much purpose. Lots of "we could do this", "yeah we could try that", "we're thinking about that". But nothing concrete. What are we buying into here? At one point you say the signal token could used on any other platform. VR is just what you want to do it with? So ..... surely the signalling system is the actual crypto part? VR is actually incidental here?

The other token (Specs?) is not crypto. Because it needs to be controlled. But then your sending it to ShapeShift. And then someone else is processing it for you. As fiat? But then giving you money back. And you put it in a user account. But you don't handle any transactions? And then I'm sure at some point you turned it into Signals .... to pay content providers or something? As there would be no ad money early on? How is all this happening?!?!? Everything is turning into everything else? WHAT?!?!?!?

So I'm investing in a crypto that could be used elsewhere. A (maybe?) non-crypto tipping token? Some sort of platform that is not a DAPP (thank fuck .... Ethereum could never support something on that scale just now) that sounds like a VR bastard-child of YouTube and Periscope. And maybe Twitch. But you already said yourself they claimed the gaming streaming space. Why wouldn't they just start doing VR too?

Initial content? Very limited.

Exclusives? The guys you mention who make videos. Who are currently on YouTube. Will they be dropping YouTube and becoming exclusive to you?

With no "too mature" content.

That you guys will build, manage, moderate, expand and maintain to the point you become the defacto VR landing spot.

I think.


Holy shit.


And there is where the real problems start.

Nothing is costed. Or estimated. Because you don't quite know what you're trying to build yet.

Revenue? I don't see where any comes from when it goes live? (Not ads - as you admit) People buying to tip? Why does the ERC token have any value? Why is it even an ERC token? How will it gain value? Why? I'm still not clear there after reading everything I could find AND watching that video. But you have a slushfund from the crowdsale? Which you could use? What?!?!? So we're investing to pay some guy with a devaluing token to upload shitty videos? You kept talking about quality, but then about people submitting their own stuff. The two tend to be polar opposites. "Maybe" partnerships or exclusives in the future. "Maybe" live VR gaming watching. Or sharing a theatre. Some in VR. Some not. What is this?!?!? Make up your mind!

You're guessing about advertising techniques that barely exist but talking about $100k ads in your white paper?!?!?

This is clearly VERY early stage stuff.


So nah. I admire your train of thought. But you don't even have a fleshed out concept. Reason I can't get detail out of you is that you don't have any.

I'll wish you luck and watch to see what eventually comes out of it. Maybe you will prove me wrong. Who knows.

I'm not THAT risk averse. I have a bunch of money in crypto FFS! But this one really is spinning a coin and hoping it stops on it's side if you ask me.

(I actually did that once. So it's a totally valid analogy. I KNOW how fucking rare it is ...)

 Smiley
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July 20, 2017, 09:16:34 PM
 #848

I haven't heard Sutton Stone before but it seems like they are legit firm. It's always good to make new partnerships in this business. Congratulations Spectiv team, we trust you. Good process so far!
Same as me, i have never heard before. I tried to ask a friend about this.
There is no clear answer, suton is a company that deals with the crypto industry, crowdsale and fund management. Only that.
Good cooperation, I'm sure the project is on the right track.

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July 20, 2017, 09:19:57 PM
 #849

Good news regarding the ico. I hope you guys don't forget about the security regarding the crowdsale as so many hacks happen lately. Looking rto further announcement about the date.
All investors need a security-related trust, scam issues and hackers are making investors afraid to invest. I hope the same, that security should be a team priority.

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July 20, 2017, 10:23:25 PM
 #850

Good news regarding the ico. I hope you guys don't forget about the security regarding the crowdsale as so many hacks happen lately. Looking rto further announcement about the date.
All investors need a security-related trust, scam issues and hackers are making investors afraid to invest. I hope the same, that security should be a team priority.
It's must but i believe spectiv project won't be hacked because they already concern about that and investors must get super high security from dev.

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July 20, 2017, 10:56:44 PM
 #851

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

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July 20, 2017, 10:56:48 PM
 #852

Will there be any test prototypes of Vr for active participants? I want to test this platform too)



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Toro iskandar
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🌟 ATLANT ICO: 07/09/17 🌟


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July 21, 2017, 02:31:13 AM
 #853

Will there be any test prototypes of Vr for active participants? I want to test this platform too)


It looks good if there is already a trial  Grin

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Dhimas Kanjeng
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July 21, 2017, 03:37:49 AM
 #854

Good news regarding the ico. I hope you guys don't forget about the security regarding the crowdsale as so many hacks happen lately. Looking rto further announcement about the date.
All investors need a security-related trust, scam issues and hackers are making investors afraid to invest. I hope the same, that security should be a team priority.
Yes true, security is the highest priority of a project, now many hackers are stealing, I heard Edgeless and ETT have experienced it, they lost a lot of tokens, causing prices in the market drop.
SpectivVR
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Spectiv Crowdsale: December 8th


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July 21, 2017, 03:56:27 AM
 #855

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

Please note that we will also be increasing the Bounty token allocation significantly though. We plan to increase the % of tokens from either 2% to 3 or 4%. The delay is not 60 days by the way, it is only expected to be a 30 day delay. We do have 60 days worth of work to do, but that is starting now, so that will be finished in mi September. We think that by doubling our token allocation to 4% for the bounty, it is still worth it for you to maintain your signature. If you choose not to, then as long as you have 50 posts with the signature, you will still earn your stakes.

               SpectivVR                                                           Crowdsale: 12/08 - 12/29
VR Streaming Platform & Attention Markets                    [ Website ]
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yayat
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July 21, 2017, 03:58:39 AM
 #856

Good news regarding the ico. I hope you guys don't forget about the security regarding the crowdsale as so many hacks happen lately. Looking rto further announcement about the date.
All investors need a security-related trust, scam issues and hackers are making investors afraid to invest. I hope the same, that security should be a team priority.
Yes true, security is the highest priority of a project, now many hackers are stealing, I heard Edgeless and ETT have experienced it, they lost a lot of tokens, causing prices in the market drop.
Correct! Security should take precedence.
Many examples of ICO coins exposed to a hack like the recent incident that is coindash that must receive a big loss because the web is attacked hack after the tokens sold out.
Good Luck Spectiv I hope with join spectiv with sutton stone will strengthen the security in this project.

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"Proof-of-Asset Protocol"


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July 21, 2017, 04:43:44 AM
 #857

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

Please note that we will also be increasing the Bounty token allocation significantly though. We plan to increase the % of tokens from either 2% to 3 or 4%. The delay is not 60 days by the way, it is only expected to be a 30 day delay. We do have 60 days worth of work to do, but that is starting now, so that will be finished in mi September. We think that by doubling our token allocation to 4% for the bounty, it is still worth it for you to maintain your signature. If you choose not to, then as long as you have 50 posts with the signature, you will still earn your stakes.

Thanks for the timely response...

I guess I understood wrong. I thought you were stating 60days from the initial starting date.
So basically it's being delayed about 4.5-5 weeks. Can I make a fair assumption that the ico will take place before October?

Essentially a 40% increase in length for a 50%-100% increase in rewards... and the sig is 50% of the pool?

If all that is correct, I'll stick with spectiv sig. and I'll probably write an article or 2.

But, we do need a new signature asap!
This one is bad for marketing, people will get confused too easily

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suryati
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Spectiv VR Crowdsale: 12/08/17


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July 21, 2017, 04:44:34 AM
 #858

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

Please note that we will also be increasing the Bounty token allocation significantly though. We plan to increase the % of tokens from either 2% to 3 or 4%. The delay is not 60 days by the way, it is only expected to be a 30 day delay. We do have 60 days worth of work to do, but that is starting now, so that will be finished in mi September. We think that by doubling our token allocation to 4% for the bounty, it is still worth it for you to maintain your signature. If you choose not to, then as long as you have 50 posts with the signature, you will still earn your stakes.

Yes I am very gladly will keep using this signature although time was delay so we still use sign until this ico ends
hope this project going well  Smiley

               SpectivVR                                                           Crowdsale: 12/08 - 12/29
VR Streaming Platform & Attention Markets                   [ Website ]
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July 21, 2017, 04:56:41 AM
 #859

Is there someone who kindly want to explain what is sutton stone because i read in this thread it seems they are security and consulting services ico
jovi18
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July 21, 2017, 05:04:13 AM
 #860

Ok, So i read the announcement and what I see is a 60+ day delay without an ICO date set...

Not to be a sour patch worm, But my signature is worth quite a lot with ICO's coming and going in a weeks time. I'm also a very active user here on bitcointalk (making over 100 posts with Spectiv Sig)
So i have to say this delay is really concerning for someone like me who has been involved since the biginning (4+ weeks) and have a significant amount of stakes.
I understand you would increase bounty.

My question.

Would you be "OK" with a user removing there signature and still retaining there stakes under the condition that they return for at least the amount of time they originally wore it?
(In my case, I have wore it 4weeks. So as long as I come back when the new ICO terms are released and use the sig. for another 4weeks I will get credit for previous use)

Because lets face it. The current sig. is worthless now, it says the wrong crowdfund date. I think it would only be fair to let participants remove them for a time while a new one is created while still retaining the previous rewards.


I hate to say it, but I have missed out on a lot of opportunities because I have faith in this project/crowdfund and wanted to participate early.
I would like to promote your project, but the length of time your asking is becoming far too long, and I feel I have done my fair share of posting the signature around the BCT forums.

Please consider what I have asked.

Please note that we will also be increasing the Bounty token allocation significantly though. We plan to increase the % of tokens from either 2% to 3 or 4%. The delay is not 60 days by the way, it is only expected to be a 30 day delay. We do have 60 days worth of work to do, but that is starting now, so that will be finished in mi September. We think that by doubling our token allocation to 4% for the bounty, it is still worth it for you to maintain your signature. If you choose not to, then as long as you have 50 posts with the signature, you will still earn your stakes.
This the important point,  but i think ill choose to keep my signature till ICO end. Success for spectiv.

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