[ANN]Pillar - The Personal Data Locker - 60hr Token sale begins July 15

[2030AG]

From the gray paper.

4.7 Private Key and Password Management
If you own your own data, you are responsible for safeguarding it. There are many ways we will help consumers do this. There are also plenty of hardware solutions. Eventually, we’ll use rings, watches, bracelets, even chip implants to verify who we are. We plan to give consumers many options.

The words "hardware solutions" are a link in the gray paper to here. https://keepingstock.net/are-coinbase-kraken-and-poloniex-doomed-to-fail-2739153d033a

[kayvie]

After a lot of research

I think I am going to participate in this ICO, the team loosk great and I really like the idea

that's great, i am also thinking of participating in ICO since this is really a good project. and i can see that it will end so fast, so better not to be late

[ivanpoldark]

"All these tokens will be native in our system one level below the Pillar token. Users may only ever see pillars, or they may see the various utility tokens for the services they use."

On what principal internal exchange course would be organized? Exchange Price for other tokens would be set by project managers at their discretion or oriented for the average market price?

[bitpazari]

Does pillar token contain decimals?

[2030AG]

"All these tokens will be native in our system one level below the Pillar token. Users may only ever see pillars, or they may see the various utility tokens for the services they use."

On what principal internal exchange course would be organized? Exchange Price for other tokens would be set by project managers at their discretion or oriented for the average market price?

Will check with team to clarify that, and get back to you asap.

[Distraction]

The pillar is very good wallet project. I'm sure it will bring so money to its inventors

[ManagerVirta]

10 cents per a token is an approximate price or a fixed price?

[2030AG]

10 cents per a token is an approximate price or a fixed price?

The goal is 10 cents per token. Ratios being finalized the day before the tokensale to reduce volatility.

[Intersan]

The pillar is very good wallet project. I'm sure it will bring so money to its inventors

Indeed, this ICO does have a very nice proposed project. I am sure that some of us had encountered some problems using online wallets, like me in Coins.ph wallet. Having problems in online wallets can be very distressing because the security of our money is at stake. Pillar wants a wallet that is easier for us to use in storing our crypto and tokens. I just hope that this proposed wallet will be more secured than the other wallets.

Let us all hope for the success of this project.

[Sponsoredby15]

10 cents per a token is an approximate price or a fixed price?

The goal is 10 cents per token. Ratios being finalized the day before the tokensale to reduce volatility.

On what I observed. It means that 10cents would be the ICO price if the token was sold out and there would be no ratios being finalized as the unsold token would be burned? but Im not sure if it will be burned as many ICO's not sold token has been burned.

[basesaw]

This sounds a bit risky, like all of your info is in the wallet itself, a lot of stuff may happen...
Any thoughts on this matter?

It would be secured on a blockchain. Nothing to worry. But if the blockchain itself broke down (Im not wishing for it to happen) maybe there would be some serious matter about it.

[2030AG]

10 cents per a token is an approximate price or a fixed price?

The goal is 10 cents per token. Ratios being finalized the day before the tokensale to reduce volatility.

On what I observed. It means that 10cents would be the ICO price if the token was sold out and there would be no ratios being finalized as the unsold token would be burned? but Im not sure if it will be burned as many ICO's not sold token has been burned.

From page 35 of the Gray Paper:

All unsold tokens from both the presale and the sale​ will immediately go on ice for ten years using a smart contract. They can’t be touched during that time. We expect they will be transferred to a nonprofit that will govern the tokens before then, but until that time they will remain property of 20|30. After ten years, they may be sold, re-iced, or burned according to our token-management directives, which will evolve along with the system.

[NeilLostBitCoin]

10 cents per a token is an approximate price or a fixed price?

The goal is 10 cents per token. Ratios being finalized the day before the tokensale to reduce volatility.

On what I observed. It means that 10cents would be the ICO price if the token was sold out and there would be no ratios being finalized as the unsold token would be burned? but Im not sure if it will be burned as many ICO's not sold token has been burned.

From page 35 of the Gray Paper:

All unsold tokens from both the presale and the sale​ will immediately go on ice for ten years using a smart contract. They can’t be touched during that time. We expect they will be transferred to a nonprofit that will govern the tokens before then, but until that time they will remain property of 20|30. After ten years, they may be sold, re-iced, or burned according to our token-management directives, which will evolve along with the system.

Is this coin pre-mined?

[Gaff]

After a lot of research

I think I am going to participate in this ICO, the team loosk great and I really like the idea

that's great, i am also thinking of participating in ICO since this is really a good project. and i can see that it will end so fast, so better not to be late

Well, I think joining the ico is the best decisions to do now; hurry up before it's over and you won't regret because the project Pillar is a great project to invest with. Practically because of fast growing investors of this project near end is possible so much better to invest early rather than missing it, so being late is like lossing an opportunity.

[2030AG]

Is this coin pre-mined?

Technically yes, though issued via contract is a better term for it. Details from the purchase page on the website:

Token Allocation (100%)
•16 million (2%) will be sold in a presale
•560 million (70%) will be sold to the public
•24 million (3%) will be used to pay people who helped with the sale*
•80 million (10%) will go to Twenty Thirty AG*
•120 million (15%) will be reserved for liquidity, later sale, giving to entrepreneurs to build on our system, contests, or transfer to a consortium.**

*These tokens will be locked up for 9 months in a smart contract.
 ** These tokens will be iced for 3 years if the sale meets its cap.

Note: all unsold tokens in the presale and sale will go on ice for ten years.

[dimb]

Why the event is after the ICO and not before or during? It could be great to meet Founders and discuss about the project in real face to face before investing.

[namorthesu]

Is any agreement with any market yet? Will tokens on Bittrex?

[Raven91]

Is any agreement with any market yet? Will tokens on Bittrex?

I cant see any of this i guess they are now focus on the campaign or in the crowdsale and then maybe 2-5months before it will have a great exchanges in the market.

[2030AG]

Is any agreement with any market yet? Will tokens on Bittrex?

I cant see any of this i guess they are now focus on the campaign or in the crowdsale and then maybe 2-5months before it will have a great exchanges in the market.

It is still 11 days until the token sale begins, a bit too early to talk about exchanges. Most of them have NDA anyway so talking about them by name is a bad idea.

[Phyton76]

Is any agreement with any market yet? Will tokens on Bittrex?

I cant see any of this i guess they are now focus on the campaign or in the crowdsale and then maybe 2-5months before it will have a great exchanges in the market.

It is still 11 days until the token sale begins, a bit too early to talk about exchanges. Most of them have NDA anyway so talking about them by name is a bad idea.

Yeah but i guess it will be a great sale by the pillar i can see the potential in this project will also click like other successful coins in the msrket.