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Author Topic: [ANN]Pillar - The Personal Data Locker - 60hr Token sale begins July 15  (Read 70665 times)
Wapinter
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July 05, 2017, 10:20:20 AM
 #301

With great concept, I sure all token will sold out.
Can't waiting for 10 days left to join and purchase Pillar project, and here is token allocation:

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.


Detail here: https://pillarproject.io/purchase/
hmm unsold token will go on ice for ten years? what the mean of these statement? why unsold token not burn?
Yes I also believe that ideally  they should be burnt but perhaps devs have some better explanation.
In any case 10 years is a long period so keeping them in ice is not a bad idea.

Wapinter
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July 05, 2017, 10:21:27 AM
 #302

With great concept, I sure all token will sold out.
Can't waiting for 10 days left to join and purchase Pillar project, and here is token allocation:

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.


Detail here: https://pillarproject.io/purchase/
hmm unsold token will go on ice for ten years? what the mean of these statement? why unsold token not burn?
Yes I also believe that ideally  they should be burnt but perhaps devs have some better explanation.
In any case 10 years is a long period so keeping them in ice is not a bad idea.

letsgoman
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July 05, 2017, 10:28:14 AM
 #303

Out of the 700+ researched ICOs, Pillar Project is one of the 10 recommended ICOs to buy by Cliff High.

✓✓  verify   ★★★★★  The Ethereum-powered Reputation Platform for Commerce
The Future of Reputation   //  WHITEPAPER  //
████████████│    MEDIUM    |    Live Chat on DISCORD    │████████████
Nistap
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July 05, 2017, 11:07:15 AM
 #304

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?
arbitro
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July 05, 2017, 11:13:12 AM
 #305

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?

All ERC20 tokens ARE supported by LedgerNanoS via MyEtherWallet of course...
   Token name: Pillar
Token ticker symbol: PLR
Token type: Ethereum ERC20

more info: https://pillarproject.io/purchase/
MBW_2
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July 05, 2017, 12:12:52 PM
 #306

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?

I checked this info on site: Answer is yes, it is supported by Ledger Nano S  hardware wallet
Nistap
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July 05, 2017, 12:36:03 PM
 #307

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?

I checked this info on site: Answer is yes, it is supported by Ledger Nano S  hardware wallet
Thanks (also @Arbitro)
arbitro
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July 05, 2017, 12:47:31 PM
 #308

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?

I checked this info on site: Answer is yes, it is supported by Ledger Nano S  hardware wallet
Thanks (also @Arbitro)

Welcome mate! It's always better to ask and be sure...  Wink
2030AG
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July 05, 2017, 12:48:11 PM
 #309

With great concept, I sure all token will sold out.
Can't waiting for 10 days left to join and purchase Pillar project, and here is token allocation:

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.


Detail here: https://pillarproject.io/purchase/
hmm unsold token will go on ice for ten years? what the mean of these statement? why unsold token not burn?
Yes I also believe that ideally  they should be burnt but perhaps devs have some better explanation.
In any case 10 years is a long period so keeping them in ice is not a bad idea.

As was posted yesterday the unsold tokens will be put into a smart contract.

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:

Quote
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.

Sowik
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July 05, 2017, 02:47:20 PM
 #310

I don't see nothing wrong with the unsold tokens going on ice, I doubt there will be any tho.
Will your wallet work like some kind of os?
Looking forward to see what security measures the wallet will have. Wouldn't be good if all of my info is on the wallet and something happens to it.
2030AG
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July 05, 2017, 03:28:49 PM
 #311

CoinFund Q&A with Pillar Project at 12PM EDT on Weds 7/5
___

CoinFund Q&A  Pillar Project In just 30 minutes! Don't miss it!
___
CoinFund youtube link  https://www.youtube.com/watch?v=x-9hi4kVCOE
___
Coinfund Slack invite  http://slack.coinfund.io/
arbitro
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July 05, 2017, 03:45:38 PM
 #312

CoinFund Q&A with Pillar Project at 12PM EDT on Weds 7/5
___

CoinFund Q&A  Pillar Project 12PM EDT 7/5
___
CoinFund youtube link  https://www.youtube.com/watch?v=x-9hi4kVCOE
___
Coinfund Slack invite  http://slack.coinfund.io/


Great, I'm subscribed to coinfund's youtube so I hope I catch it!!!  Wink


15 minutes to go for the interview live: https://www.youtube.com/watch?v=x-9hi4kVCOE 

 Smiley
yourcatsofat
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July 05, 2017, 05:58:46 PM
 #313

minimum cap is $8mil
maximum is $56mil

Of course it's very interesting project. But for long time. 7-10 years maybe. It's very hardly implements all ideas. So i think you shouldn't buy tokens on ico if you want make some x'es after ico. Sure, $0.1 for token looks very attractive, but it's necessary to see for cap.
riskthebiscuit
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July 05, 2017, 07:56:43 PM
 #314

Wow, this project is very ambitious to say the least. Moreover, I think it is very revolutionary and is trying to accomplish something we have not seem with blockchains yet. To me, it does not seem like a quick flip type ICO but rather a long term investment. That being said, I am a fan of blockchain technology and personally would like to see this project flourish as it would really change the way we use technology.

GL DEVS! Smiley
Sowik
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July 05, 2017, 08:39:16 PM
 #315

minimum cap is $8mil
maximum is $56mil

Of course it's very interesting project. But for long time. 7-10 years maybe. It's very hardly implements all ideas. So i think you shouldn't buy tokens on ico if you want make some x'es after ico. Sure, $0.1 for token looks very attractive, but it's necessary to see for cap.

I don't think so mate. No way it gets then 7-10 years to develop it. As they said they already have the idea n stuff so it wouldn't take that much.

Quote
We’re almost there - we have the standards, formats, and APIs to do much of what we want.

MBW_2
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July 05, 2017, 10:03:47 PM
 #316

Hi Team,

Is this token will be supported by my ledger Nano S please ?
Can anyone confirm this?

I checked this info on site: Answer is yes, it is supported by Ledger Nano S  hardware wallet
Thanks (also @Arbitro)
Welcome Smiley Please dont hesitate to ask whatever you want related to cryptocoins Wink
MBW_2
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July 05, 2017, 10:24:54 PM
 #317

minimum cap is $8mil
maximum is $56mil

Of course it's very interesting project. But for long time. 7-10 years maybe. It's very hardly implements all ideas. So i think you shouldn't buy tokens on ico if you want make some x'es after ico. Sure, $0.1 for token looks very attractive, but it's necessary to see for cap.

7-10 years Huh I am not agree with you..   Sooner or later we will see result of effort. You need to buy tokens before ico of "x" coins to make profit both from deposit  bonus and sales after getting listed on big  exchanges.
arbitro
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July 05, 2017, 10:59:44 PM
Last edit: July 06, 2017, 12:27:32 AM by arbitro
 #318

Guys, if you missed the interview with David Siegel on the Pillar Project earlier today  :

CoinFund Q&A: Pillar Project
https://www.youtube.com/watch?v=x-9hi4kVCOE

Really liked it  Smiley
dave3
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July 05, 2017, 11:27:33 PM
 #319

minimum cap is $8mil
maximum is $56mil

Of course it's very interesting project. But for long time. 7-10 years maybe. It's very hardly implements all ideas. So i think you shouldn't buy tokens on ico if you want make some x'es after ico. Sure, $0.1 for token looks very attractive, but it's necessary to see for cap.

7-10 years Huh I am not agree with you..   Sooner or later we will see result of effort. You need to buy tokens before ico of "x" coins to make profit both from deposit  bonus and sales after getting listed on big  exchanges.

I would hope there would be incremental effort made earlier.  But the "20/30" movement/company that is behind this is named that because they hope to bring the vision to the world by 2030.

https://twentythirty.squarespace.com/constitution
Quote
We want to build the infrastructure, tools, apps, and smart contracts that one billion people will use in the year 2030.

I watched the CoinFund Q&A linked to in the post above this (live!) and found it very informative.
Russlenat
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July 06, 2017, 02:18:32 AM
 #320

For me this is the good ICO project and thanks that be a part there signature and newsletter campaign and I hope for the success of these team.

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