[ANN][ICO] Spectiv: DECENTRALIZED VIRTUAL REALITY (OLD THREAD)

[csmcc]

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. 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 ...)

 

[Mr.Ease]

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.

[NewStar]

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

[Toro iskandar]

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 

[Dhimas Kanjeng]

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.

[yayat]

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.

[Mr.Ease]

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

[bahrun55]

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

[sud]

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

Sutton Stone is an all around ICO Consulting firm, SuttonStone.com. They have a key focus in the legal structuring of a crowdsale, and we will be utilizing their services to setup our company to allow for a crowdsale. We are also working with them for their connections and capacity in marketing ICOs. They have past experience with a very large crowdsale, and currently have 2 clients that they are working with: Volt Markets and Spectiv.

So is there a chance that you will host the first legal ICO on Mauritius? This could be huge thing in crypto and good for marketing also.

[dealung]

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 .. this is one of the questions stored in my heart, and finally I am happy after seeing your answer this. Thank you for your policy and tolerance to add reward, I think this is fair

[Gluestack]

Will the teammember tokens be free or you will have a 6-12 months vesting?

[dealung]

I heard the coindash was attacked and hacked.
I hope this does not happen to spectiv. I believe, spectiv have a good team, have good security too

Yes, the news is true, I think dev and team have prepared this project well, we know that success can not be instant, must go through process and need time. I'm sure spectiv already anticipates and strengthens its security so as not to get an attack like what happened to coindash.

[Hafas Rama]

Hey dev, my rank has changed from jr member to Member.
Can you update my spreadsheet?
Thanks.

[minbosen]

hello,dev, glad to see the announcement about the cooperation with the Sutton Stone, you mentioned that there will be a period of 60 days, I just want to confirm the ICO date will not be changed.

FFS.

What does it say in the MASSIVE messages already re-quoted 3 times on this page alone.

It's delayed. No new date yet. You "bounty" guys are supposed to promote for them. It might help you "promote" if you actually read what they post.

 

Sorry for make you uncomfortable. I have read this announcement and I know the bounty will be longer. But it is not mentioned that the ICO date will be delayed and there is no new date just as you say.

[sud]

We will have an official date on the crowdsale by the end of next week! Right now though, you can expect that we will be launching either a pre-sale or crowdsale toward the end of September. We will update all dates in the OP, Website, Signatures, and everywhere else when we finalize the date.

Ok, cool. I'm happy about the pre sale, waiting for all the details. Do you plan to change the ICO structure (max cap, token price)?

[DuaLipa]

We will have an official date on the crowdsale by the end of next week! Right now though, you can expect that we will be launching either a pre-sale or crowdsale toward the end of September. We will update all dates in the OP, Website, Signatures, and everywhere else when we finalize the date.

Ok, cool. I'm happy about the pre sale, waiting for all the details. Do you plan to change the ICO structure (max cap, token price)?

No plans to change the pricing or token details.

So the token details and informatin staying the same. But you will change the start date of ico. Is this correct?

I thought threads were saying mid august for spectiv vr ico.

[AstraStar]

If the date of the beginning of crowdsale changes, will the shares still be accrued according to the specified conditions?

And I have changed the rank Member on please make changes to the table.

[marketone]

We will have an official date on the crowdsale by the end of next week! Right now though, you can expect that we will be launching either a pre-sale or crowdsale toward the end of September. We will update all dates in the OP, Website, Signatures, and everywhere else when we finalize the date.

You are changing the dates for ICO. What happened exactly because it will take a lot of time for the ICO may be. Towards the end of the Septemeber means more than 2 months it's quite long may be.

[hanlieuiypm9832]

We will have an official date on the crowdsale by the end of next week! Right now though, you can expect that we will be launching either a pre-sale or crowdsale toward the end of September. We will update all dates in the OP, Website, Signatures, and everywhere else when we finalize the date.

You are changing the dates for ICO. What happened exactly because it will take a lot of time for the ICO may be. Towards the end of the Septemeber means more than 2 months it's quite long may be.

Oh no, the ico date will be launching either pre-sale or crowdsale toward the end of September, I think all the investors including the bounty hunter will not like to hear that. BTW, wish this project be a great success!

[misterbigg]

We will have an official date on the crowdsale by the end of next week! Right now though, you can expect that we will be launching either a pre-sale or crowdsale toward the end of September. We will update all dates in the OP, Website, Signatures, and everywhere else when we finalize the date.

You are changing the dates for ICO. What happened exactly because it will take a lot of time for the ICO may be. Towards the end of the Septemeber means more than 2 months it's quite long may be.

If date has been changed then how long will the campaign goes on for running?