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Author Topic: [ANN] Royal Kingdom Enterprise ICO  (Read 8843 times)
RoyalKingdomEnterprise
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July 10, 2017, 02:04:38 PM
Last edit: July 29, 2017, 06:14:19 PM by mprep
 #1





Hello, BitcoinTalk!

We're glad to announce that Royal Kingdom Coin (ticker: RKC) is going to be available for purchase in roughly 8 hours.

You can follow the official website here: https://royalkingdomcoin.com, as well as see the countdown to the event.

ICO Structure

The rules (governed by the smart contract) are:

  • ICO starts on July 10, 2017 @ 23:00 GMT (+00) and continues for 30 days (24h periods);
  • RKC is governed by the ERC20-compatible smart contract on Ethereum blockchain, we will publish the link for direct acquisition soon;
  • RKC tokens can be acquired directly by sending ether to the smart contract, or using our VentureKingdom platform as a proxy;
  • There are 15 000 000 tokens in existence;
  • The available ICO pool is 18%;
  • The price is being determined dynamically by the smart contract algorithm and the activity on the contract. The more/quicker someone buys, the higher the price becomes. The contract is aiming high to make the end goal impossible so that people stop buying at some point, that's the intended outcome. When this happens, we will know the exact market valuation of the token, which is going to be discovered automatically by the algorithm and the market. And when the ICO closes, the rest (unbought tokens) is going to be distributed to all the token holders proportionally;
  • (Does not affect token holders with less than 1%) The major token holders' balances are locked to prevent quick dumping for any reason, if someone has more than 1%, this rule will be applied: from the date of the ICO, 5% of the total supply will be unlocked monthly;
  • (Only for big players) It's not possible to buy more than 1% of the supply in one transaction, your ether will automatically be returned to you, but the gas of the transaction will be swallowed by the miners, please be careful;
  • When the ICO ends, the transfers (and, naturally, the sale and the exchange) are unlocked;
  • On February the 1st, we pay the first premiums to the token holders and continue monthly. The premiums are going to be 50% of profit (revenue minus costs), and 50% will be reinvested back in the company. We will use the 50% of profit to buy more RKC off of the open market and then spread them proportionally as premiums.

Resources


How to buy directly from the smart contract:

If you are unfamiliar with this, you can buy RKC on our platform: VentureKingdom. But if you know how to do it, you can buy directly from the smart contract.

Official address of RKCToken contract is 0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202

Send the transaction directly to the contract or to the buy() method. You need to increase gas limit: recommended is 70000. You can see the price by querying "current_price_atto_tokens_per_wei" variable of the contract - it’s how many tokens you will receive per 1 ether. Do not send before the ICO is started (you can check the variable isICOStarted of the contract). Do not try to acquire more than 1% per 1 transaction.

Marketing




We were going to have this ICO as more of a private thing between people who already know us and want to fund our projects, so we're having an announcement a small time before the ICO opens. Anybody is welcome to participate though. Except for US citizens, sorry, you know the drill.

Please post here if you have any questions, or to ico@royalkingdomenterprise.com if your question is of a private nature.

Thanks.

Best,
Royal Kingdom Enterprise team.

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RoyalKingdomEnterprise
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July 10, 2017, 07:19:37 PM
 #2

Reserved

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July 10, 2017, 07:22:17 PM
 #3

Any bounty?
I want to join bounty for first time
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July 10, 2017, 07:49:09 PM
 #4

Any bounty?
I want to join bounty for first time
All information is on the site.
https://royalkingdomcoin.com/bounty/
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July 10, 2017, 11:01:12 PM
 #5

It's time.. but still can't buy
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July 10, 2017, 11:02:29 PM
 #6

Yea waiting

Edit: Postponed to tomorrow. Vneture Kingdom website says:

"" Dear future token holders,

    Royal Kingdom Enterprise officially announces that the opening of its ICO will be postponed to tomorrow, July 11, 2017 at 22h UTC (+00).

    For the reasons of taking responsibility for the users' funds this decision was made after finding a few important issues, which could hurt several
    participants.

    Nothing changes in relation to our project, proposals and the rules of ICO. The vision of our organization is tied to the commitment and responsibility to
    our clients, and we believe this is the best way to continue.

    We hope you understand.

    Wishing the best for you,
    Royal Kingdom Enterprise team. ""
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July 10, 2017, 11:04:17 PM
 #7

Come on! I want to buy
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July 10, 2017, 11:05:23 PM
 #8

Royal Kingdom Enterprise officially announces that the opening of its ICO will be postponed to tomorrow, July 11, 2017 at 22h UTC (+00).

For the reasons of taking responsibility for the users' funds this decision was made after finding a few important issues, which could hurt several participants.



-- Well, I am disappointed
RoyalKingdomEnterprise
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July 10, 2017, 11:05:49 PM
 #9

Dear future token holders,

Royal Kingdom Enterprise officially announces that the opening of its ICO will be postponed to tomorrow, July 11, 2017 at 22h UTC (+00).

For the reasons of taking responsibility for the users' funds this decision was made after finding a few important issues, which could hurt several participants.

Nothing changes in relation to our project, proposals and the rules of ICO. The vision of our organization is tied to the commitment and responsibility to our clients, and we believe this is the best way to continue.

We are sorry about the time you have spent before your devices waiting for the ICO to start and hope you understand.

Wishing the best for you,
Royal Kingdom Enterprise team.

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July 10, 2017, 11:06:55 PM
 #10

Dear future token holders,

Royal Kingdom Enterprise officially announces that the opening of its ICO will be postponed to tomorrow, July 11, 2017 at 22h UTC (+00).

For the reasons of taking responsibility for the users' funds this decision was made after finding a few important issues, which could hurt several participants.

Nothing changes in relation to our project, proposals and the rules of ICO. The vision of our organization is tied to the commitment and responsibility to our clients, and we believe this is the best way to continue.

We are sorry about the time you have spent before your devices waiting for the ICO to start and hope you understand.

Wishing the best for you,
Royal Kingdom Enterprise team.

Okay but I think everyone is waiting for an explanation. What issues?
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July 10, 2017, 11:12:36 PM
 #11

> Okay but I think everyone is waiting for an explanation. What issues?

Sorry, we are operating on a tight schedule right now, less than 23 hours to go. We'll explain in more details a bit later. The users' funds are all safe, please don't worry.

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July 10, 2017, 11:33:11 PM
 #12

Well, I actually am worried.. will see how it plays out
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July 11, 2017, 12:00:42 AM
 #13

Another coin from Dubai. Let's see how this one will change the blockchain tech in the ME.
Will watch this thread for more details.

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Laythian
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July 11, 2017, 12:58:37 PM
 #14

> Okay but I think everyone is waiting for an explanation. What issues?

Sorry, we are operating on a tight schedule right now, less than 23 hours to go. We'll explain in more details a bit later. The users' funds are all safe, please don't worry.

Still waiting for it..
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July 11, 2017, 02:38:40 PM
 #15

I think the number of team members is not enought to handle this tight schedule properly. I hope after gaining funds they hire too many capable person to team
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July 11, 2017, 05:34:10 PM
 #16

It's a very simple presentation, you might be able to reach the goal, but you need a more interesting and compelling presentation, who are you? Who is your team? Lately what you see in this forum is this kind of play.
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July 11, 2017, 09:10:08 PM
 #17

So, the issue was that Etherscan was not verifying our source code compiled by truffle. You can see this is still an actual problem: https://github.com/trufflesuite/truffle/issues/456. The smart contract without verifiable source code is useless.

So we compiled it manually and sent to blockchain, and now have the final version here: https://etherscan.io/address/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202

We hope everything will be good from now on.

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July 11, 2017, 09:25:38 PM
 #18

not explain detail project this thread dev
and not open bounty signature campaign, signature campaign is above facebook campaign and twitter campaign, if you target the big crypto curency community and active in bitcointalk

iam see not found open bounty signature campaign https://royalkingdomcoin.com/bounty/

ksnhll
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July 11, 2017, 09:42:40 PM
 #19

not explain detail project this thread dev
and not open bounty signature campaign, signature campaign is above facebook campaign and twitter campaign, if you target the big crypto curency community and active in bitcointalk

iam see not found open bounty signature campaign https://royalkingdomcoin.com/bounty/

I think they better do but it is not obligatory to achieve success. Look at "tezos" bitcointalk ANN posts. We should ask what we wonder, our every questions should answered clearly. That is all needed. Do not need impressive full of pages post.
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July 11, 2017, 10:00:41 PM
 #20

Can't buy, I get an error
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July 11, 2017, 10:05:43 PM
 #21

Same problem here, I was so excited.. I guess it will be postponed again....
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July 11, 2017, 10:06:14 PM
 #22

Same problem here, I was so excited.. I guess it will be postponed again....

I could bought when timer get zero. Now I am waiting RKC's to appear at my wallet.

Edit: I used bitcoin to buy, maybe it is related with that ?
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July 11, 2017, 10:07:09 PM
 #23

Same problem here, I was so excited.. I guess it will be postponed again....

I could bought when timer get zero. Now I am waiting RKC's to appear at my wallet.

I really want to give this coin a chance, but I don't know.. not a good start
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July 11, 2017, 10:12:38 PM
 #24

The price just changed.. don't know why, but I can only buy half of what I could 1 minute ago
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July 11, 2017, 10:12:58 PM
 #25

Same problem here, I was so excited.. I guess it will be postponed again....

Me too, tried with Bitcoin but getting "ERROR".
Think I'll just spend my Bitcoin elsewhere .. back to Bittrex it goes.
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July 11, 2017, 10:16:13 PM
 #26

The price just changed.. don't know why, but I can only buy half of what I could 1 minute ago

Whitepaper says smart contract is gonna slightly increase when RKC get bought but I think it increased too much if it is as you said.
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July 11, 2017, 10:17:19 PM
 #27

The price just changed.. don't know why, but I can only buy half of what I could 1 minute ago

Whitepaper says smart contract is gonna slightly increase when RKC get bought but I think it increased too much if it is as you said.

But nothing is sold at the moment.. nothing works.. it says '' Chart is unavailable due to the network load... '' can't even try to buy now
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July 11, 2017, 10:19:53 PM
 #28

I tried the moment the timer ended too, got the error.. if the price did increase already, that won't be fair to those that got an error despite trying it the moment it started
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July 11, 2017, 10:26:33 PM
 #29

Hi, we are experiencing problems with quickly transferring BTC amount to ETH. This only affects users trying to buy RKC with BTC.

It's impossible to buy smart contract on Ethereum with Bitcoin, so we are trying to exchange it for the buyers on the fly. Unfortunately, this microservice failed and the transaction did not get mined by the Ethereum network, even though you have received the hash. We are investigating the issue.

Please don't worry about BTC, we will issue a refund promptly.

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July 11, 2017, 10:28:27 PM
 #30

Hi, we are experiencing problems with quickly transferring BTC amount to ETH. This only affects users trying to buy RKC with BTC.

It's impossible to buy smart contract on Ethereum with Bitcoin, so we are trying to exchange it for the buyers on the fly. Unfortunately, this microservice failed and the transaction did not get mined by the Ethereum network, even though you have received the hash. We are investigating the issue.

Please don't worry about BTC, we will issue a refund promptly.

So what now? I tried to buy with BTC but I haven't been able to buy at all.. and now nothing works, I can't see the charts, the price, nothing.. I still have my BTC, does this mean I won't be able to buy now?
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July 11, 2017, 10:34:40 PM
 #31

I really don't understand what is going on. I haven't been able to buy even though I tried the moment it started. Now you are telling that only ETH will work. The price already increased, which means even if I'd pay with ETH, I won't get as much as I could the first moment. This is just weird and not right. I guess I'll get out of this and warn others.
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July 11, 2017, 10:37:34 PM
 #32

Hi, we are experiencing problems with quickly transferring BTC amount to ETH. This only affects users trying to buy RKC with BTC.

It's impossible to buy smart contract on Ethereum with Bitcoin, so we are trying to exchange it for the buyers on the fly. Unfortunately, this microservice failed and the transaction did not get mined by the Ethereum network, even though you have received the hash. We are investigating the issue.

Please don't worry about BTC, we will issue a refund promptly.

I tried a few time to buy but gave up after I kept getting "Error".
I'm now trying to transfer my BTC to an exchange but it say it will need to be done "Manually", please ensure that it gets transfered.
The BTC address I'm transfering to is 1Q68bbVWk3RGNkmVQicdDr3X2pwGyVscec.

Thanks.
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July 11, 2017, 10:38:50 PM
 #33

Hi, we are experiencing problems with quickly transferring BTC amount to ETH. This only affects users trying to buy RKC with BTC.

It's impossible to buy smart contract on Ethereum with Bitcoin, so we are trying to exchange it for the buyers on the fly. Unfortunately, this microservice failed and the transaction did not get mined by the Ethereum network, even though you have received the hash. We are investigating the issue.

Please don't worry about BTC, we will issue a refund promptly.

I tried a few time to buy but gave up after I kept getting "Error".
I'm now trying to transfer my BTC to an exchange but it say it will need to be done "Manually", please ensure that it gets transfered.
The BTC address I'm transfering to is 1Q68bbVWk3RGNkmVQicdDr3X2pwGyVscec.

Thanks.

If the price increased already I wouldn't if I were you. It's their fault, not yours so buying less than what you could is unfair.
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July 11, 2017, 10:44:37 PM
 #34

The price increased again, unbelievable this. Nothing works but the price keeps increasing.
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July 11, 2017, 10:49:39 PM
 #35

The price is being increased because the people are buying with Ether or directly using the smart contract. The latest price is here: https://etherscan.io/address/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202#readContract

current_price_atto_tokens_per_wei

You need to divide 1 by current_price_atto_tokens_per_wei to get to the ether price.

Sorry about the slow replies, we're kind of in a panic mode right now, we didn't expect this at all. We'll come to some good solution to this problem.

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July 11, 2017, 10:52:12 PM
 #36

The price is being increased because the people are buying with Ether or directly using the smart contract. The latest price is here: https://etherscan.io/address/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202#readContract

current_price_atto_tokens_per_wei

You need to divide 1 by current_price_atto_tokens_per_wei to get to the ether price.

Sorry about the slow replies, we're kind of in a panic mode right now, we didn't expect this at all. We'll come to some good solution to this problem.

I hope you'll give those, like me that were here the first second it started but couldn't buy a chance to buy again at the starting price.
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July 11, 2017, 10:54:45 PM
 #37

This is a joke. I sent ETH to my wallet before the ICO started in order to secure the best price. At the start the price was 0.0004. Now it has risen to almost double and my ETH isn't even in my wallet yet! Opened a support ticket and no respond. Please fix this so I can transfer my ETH out because it is no longer worth investing in this.
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July 11, 2017, 10:56:00 PM
 #38

This is a joke. I sent ETH to my wallet before the ICO started in order to secure the best price. At the start the price was 0.0004. Now it has risen to almost double and my ETH isn't even in my wallet yet! Opened a support ticket and no respond. Please fix this so I can transfer my ETH out because it is no longer worth investing in this.

I've had my BTC ready in my wallet for 2 days now, couldn't buy too.. now they are telling BTC won't work. I really want to get in this, but with the increased price there is no point.
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July 11, 2017, 10:56:29 PM
 #39

Laythian, we're working on a solution like the one you mentioned right now. It will be fair to BTC users as well.

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July 11, 2017, 10:58:05 PM
 #40

Laythian, we're working on a solution like the one you mentioned right now.

Thank you. I'll be waiting for it! I believe you won't disappoint.
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July 11, 2017, 11:00:18 PM
 #41

Laythian, we're working on a solution like the one you mentioned right now. It will be fair to BTC users as well.


Yea for me the situation different I could buy at first second by BTC but you are talking about BTC refund. I could buy while about 1 RKC=0,00047 ETH. If you refund BTC I am gonna forced to buy with increased price. These friends and me believed RKC and were at the ICO page at the beginning, we dont come to your website late, we dont deserve to buy more expensive than beginning price.
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July 11, 2017, 11:02:13 PM
 #42

Laythian, we're working on a solution like the one you mentioned right now. It will be fair to BTC users as well.

@RoyalKingdomEnterprise What about my case of the ETH transfer? Is this fair to me that my ETH is not in my wallet ready to buy on ICO start? My ticket ID number is #99 and my ETH is still not showing.
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July 11, 2017, 11:13:50 PM
 #43

Laythian, we're working on a solution like the one you mentioned right now. It will be fair to BTC users as well.

@RoyalKingdomEnterprise What about my case of the ETH transfer? Is this fair to me that my ETH is not in my wallet ready to buy on ICO start? My ticket ID number is #99 and my ETH is still not showing.

Yes, with situation like yours we will deal on a personal one-by-one basis. Please give us time to put out the big fire now.

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July 11, 2017, 11:15:33 PM
 #44

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not many people will be able to buy in 2-3 days.
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July 11, 2017, 11:20:37 PM
 #45

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

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July 11, 2017, 11:21:17 PM
 #46

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Initial price was 0.0004. Now it is 0.0018416. That's over 4.5 times. If I've managed to put in my 10 ETH it would be worth over 45 ETH now.  Angry Angry Angry
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July 11, 2017, 11:22:03 PM
 #47

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

What will be for my situation you did not answered ?
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July 11, 2017, 11:22:54 PM
 #48

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

Okay, as long as I can buy it at the starting price that's not a problem for me. Any idea when this will happen?
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July 11, 2017, 11:24:49 PM
 #49

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Initial price was 0.0004. Now it is 0.0018416. That's over 4.5 times. If I've managed to put in my 10 ETH it would be worth over 45 ETH now.  Angry Angry Angry

From what I understood, the price will fix itself once the ICO ends. So it won't stay this way. So even if it'd be 45000 ETH's worth 1 day before the ICO ending, once it ends the system will find it's market price, and so that 45000 ETH might be worth 20 ETH then. If I understood it right.
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July 11, 2017, 11:29:13 PM
 #50

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

Okay, as long as I can buy it at the starting price that's not a problem for me. Any idea when this will happen?


If they let you buy at starting price, then I will also want to buy at starting price when my ETH is finally showing in my wallet. Then Tom will want to buy at starting price, same with Dick and Harry. So I don't think that will ever happen.
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July 11, 2017, 11:29:47 PM
 #51

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

I could buy at 22:00:10 with my BTC's with price about 1 RKC=0.0004 ETH. I dont want BTC refund I just want RKC's that I bought. I create ticket at venture kingdom (Ticket#100)
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July 11, 2017, 11:34:27 PM
 #52

Alright. I guess we'll be waiting, I hope all our problems with get solved.

I noticed the price is increasing way too much, too fast. Just now 2 transactions of 260 ether total came in and the price skyrocketed.. this way not much people will be able to buy in 2-3 days.

Please don't worry about the price being too high. The smart contract was designed in a way that would discover the market price. So the astronomical price at some point is inevitable, and people will stop buying. Then, at the end of the ICO, the rest of the tokens will be automatically redistributed between the token holders, basically lowering the price to its precise market valuation.

Okay, as long as I can buy it at the starting price that's not a problem for me. Any idea when this will happen?


If they let you buy at starting price, then I will also want to buy at starting price when my ETH is finally showing in my wallet. Then Tom will want to buy at starting price, same with Dick and Harry. So I don't think that will ever happen.

They just told they'd find a solution one-by-one for your situation so I don't think that will be a problem. Or they should restart the ICO from 0, but don't know if that is possible. Sad it started like this.
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July 11, 2017, 11:35:23 PM
 #53

Bounty hard to join
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July 11, 2017, 11:36:03 PM
 #54

If they let you buy at starting price, then I will also want to buy at starting price when my ETH is finally showing in my wallet. Then Tom will want to buy at starting price, same with Dick and Harry. So I don't think that will ever happen.

That's right. We have a much fairer solution, but we need ~2-3 hours to implement and roll it out though. We appreciate your understanding and patience.

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July 11, 2017, 11:37:53 PM
 #55

If they let you buy at starting price, then I will also want to buy at starting price when my ETH is finally showing in my wallet. Then Tom will want to buy at starting price, same with Dick and Harry. So I don't think that will ever happen.

That's right. We have a much fairer solution. We need ~2-3 hours to implement it though. We appreciate your understanding and patience.

I just want to be able to buy the amount what I could at the start of it.

Once it is implemented, will it have a time limit? Because it's 2:37 AM here and I've been staying awake for this. Don't want to miss the solution while sleeping.
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July 11, 2017, 11:38:59 PM
 #56

If they let you buy at starting price, then I will also want to buy at starting price when my ETH is finally showing in my wallet. Then Tom will want to buy at starting price, same with Dick and Harry. So I don't think that will ever happen.

That's right. We have a much fairer solution, but we need ~2-3 hours to implement and roll it out though. We appreciate your understanding and patience.

Hopefully you won't dissapoint us who are willing to back you up from the start of the ICO. Cool
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July 11, 2017, 11:42:47 PM
 #57

I just want to be able to buy the amount what I could at the start of it.

Once it is implemented, will it have a time limit? Because it's 2:37 AM here and I've been staying awake for this. Don't want to miss the solution while sleeping.

No, it will be automatic. You'll wake up with RKC in your wallet by the fair price.

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July 11, 2017, 11:46:38 PM
 #58

I just want to be able to buy the amount what I could at the start of it.

Once it is implemented, will it have a time limit? Because it's 2:37 AM here and I've been staying awake for this. Don't want to miss the solution while sleeping.

No, it will be automatic. You'll wake up with RKC in your wallet by the fair price.

Okay, then I guess I don't need to worry. But then, wouldn't those that just joined and transferred their BTC, or after reading this transferred more BTC to their wallet benefit of it too?
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July 12, 2017, 12:42:07 AM
 #59

I just want to be able to buy the amount what I could at the start of it.

Once it is implemented, will it have a time limit? Because it's 2:37 AM here and I've been staying awake for this. Don't want to miss the solution while sleeping.

No, it will be automatic. You'll wake up with RKC in your wallet by the fair price.

@ RoyalKingdonEnterprise I just got my ETH in my wallet. Was hoping to be able to buy at the start of the ICO when 1 RKC=0.0004ETH with my 1ETH that would have given me 2500RKC. Should I buy the RKC now at over 4.5x the initial price and get less than 550RKC, or should I wait for your "fair solution"?
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July 12, 2017, 12:52:23 AM
 #60

@ RoyalKingdonEnterprise I just got my ETH in my wallet. Was hoping to be able to buy at the start of the ICO when 1 RKC=0.0004ETH with my 1ETH that would have given me 2500RKC. Should I buy the RKC now at over 4.5x the initial price and get less than 550RKC, or should I wait for your "fair solution"?

Yes, please wait and keep your ETH on the platform. (This advice only applies to chewkl).

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July 12, 2017, 12:55:40 AM
 #61

@ RoyalKingdonEnterprise I just got my ETH in my wallet. Was hoping to be able to buy at the start of the ICO when 1 RKC=0.0004ETH with my 1ETH that would have given me 2500RKC. Should I buy the RKC now at over 4.5x the initial price and get less than 550RKC, or should I wait for your "fair solution"?

Yes, please wait and keep your ETH on the platform. (This advice only applies to chewkl).

Awesome!  Thanks heaps! Cool Cool Cool
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July 12, 2017, 01:56:10 AM
 #62

@ RoyalKingdonEnterprise I have been trying to buy RKC since the ICO opened at 11pm (UK time) with no success as I have been having the same issues as the others. I can't even log onto Ventura kingdom now. Please explain what will happen as the price will be a lot different to what I should have been able to get at the time I logged on for the ICO.
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July 12, 2017, 02:10:51 AM
 #63

Can somebody tell me  what this project going to do?
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July 12, 2017, 02:16:05 AM
 #64

@ RoyalKingdonEnterprise I just got my ETH in my wallet. Was hoping to be able to buy at the start of the ICO when 1 RKC=0.0004ETH with my 1ETH that would have given me 2500RKC. Should I buy the RKC now at over 4.5x the initial price and get less than 550RKC, or should I wait for your "fair solution"?

Yes, please wait and keep your ETH on the platform. (This advice only applies to chewkl).

Awesome!  Thanks heaps! Cool Cool Cool

@RoyalKingdomEnterpise I just received my RKCs in wallet. I have to say a big THANK YOU! You made good on your promises! Cool

I hope it will be smooth sailing from now on and a successful ICO!!!
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July 12, 2017, 03:11:48 AM
 #65

So, here is what happened and our solution.

Of course, it's impossible to buy Ethereum tokens by Bitcoin as is. In Ethereum, the native currency is ether. But we have decided to do a crazy thing: exchange bitcoin to ether for you and provide a transparent experience, as if it were possible to invest in an ERC20 token with Bitcoin and later, other cryptocurrencies. That was the plan. Well, it didn't go as planned. We couldn't even switch into a manual mode, we haven't expected so much attention frankly. As we have written in the initial message, it was more of a private thing, but it quickly exploded (no pun intended). Now the contract holds 432 ETH ($80k) and we didn't even try hard to market ourselves!

But anyway, some of you were disappointed that you couldn't buy RKC when it was still available for the better price. Well, we have logged every operation, so it was pretty easy to find all BTC attempts to buy RKC. Then we tracked all the "PriceChanged" events from the contract to establish the price timeline. Then we put one on top of the other and determine how much RKC would you have acquired if the transaction didn't fail. This is the results: https://app.venturekingdom.com/rkc_episode/result.

We have created a special transaction for each one called "RKC acquired by historical price NNN" to everybody who was trying to buy RKC with Bitcoin. Now everybody has received their fair share.

Can we create RKC tokens out of the thin air? No, of course not. We have bought some with ETH after this episode by converting your Bitcoin into Ether, but of course, the price went higher and it wasn't enough. So we will calculate the difference and send it to you from our own RKC wallets, from our shares.

The only problem is, we can't use Transfer method on a smart contract to send RKC to you before the ICO ends (smart contract blocks the transfers in ICO time). So, we have added it to the platform manually. But you may ask, how can we guarantee that we will not change it back? It's not very decentralized, is it?

Well, for that reason we have decided to create a page with all RKC accounts to date: https://app.venturekingdom.com/rkc_episode/balances_RKC (including the ones acquired with Ether!). It has your bitcoin address, and, more important, signed message about your current balance. You can download this page or copy paste your part and save it so that when the ICO ends and the Transfer() function is unlocked, you can hold us to it if we end up not depositing the difference to your account (but we will, don't worry). Our public key is located here. It's a frozen timeframe, but we will be updating this page periodically.

With that, we wish you a pleasant night, and tomorrow we will continue all operations. We are a small team, and we are choking and drowning in all the support tickets that have been created, so please forgive us for not answering quickly. We do our best right now, and we hope that with the funding we have and will receive, we will be able to bring our processes to perfection. Thank you for trusting in us.

Best,

Royal Kingdom Enterprise

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July 12, 2017, 03:17:13 AM
 #66

So, here is what happened and our solution.

Of course, it's impossible to buy Ethereum tokens by Bitcoin as is. In Ethereum, the native currency is ether. But we have decided to do a crazy thing: exchange bitcoin to ether for you and provide a transparent experience, as if it were possible to invest in an ERC20 token with Bitcoin and later, other cryptocurrencies. That was the plan. Well, it didn't go as planned. We couldn't even switch into a manual mode, we haven't expected so much attention frankly. As we have written in the initial message, it was more of a private thing, but it quickly exploded (no pun intended). Now the contract holds 432 ETH ($80k) and we didn't even try hard to market ourselves!

But anyway, some of you were disappointed that you couldn't buy RKC when it was still available for the better price. Well, we have logged every operation, so it was pretty easy to find all BTC attempts to buy RKC. Then we tracked all the "PriceChanged" events from the contract to establish the price timeline. Then we put one on top of the other and determine how much RKC would you have acquired if the transaction didn't fail. This is the results: https://app.venturekingdom.com/rkc_episode/result.

We have created a special transaction for each one called "RKC acquired by historical price NNN" to everybody who was trying to buy RKC with Bitcoin. Now everybody has received their fair share.

Can we create RKC tokens out of the thin air? No, of course not. We have bought some with ETH after this episode by converting your Bitcoin into Ether, but of course, the price went higher and it wasn't enough. So we will calculate the difference and send it to you from our own RKC wallets, from our shares.

The only problem is, we can't use Transfer method on a smart contract to send RKC to you before the ICO ends (smart contract blocks the transfers in ICO time). So, we have added it to the platform manually. But you may ask, how can we guarantee that we will not change it back? It's not very decentralized, is it?

Well, for that reason we have decided to create a page with all RKC accounts to date: https://app.venturekingdom.com/rkc_episode/balances_RKC (including the ones acquired with Ether!). It has your bitcoin address, and, more important, signed message about your current balance. You can download this page or copy paste your part and save it so that when the ICO ends and the Transfer() function is unlocked, you can hold us to it if we end up not depositing the difference to your account (but we will, don't worry). Our public key is located here. It's a frozen timeframe, but we will be updating this page periodically.

With that, we wish you a pleasant night, and tomorrow we will continue all operations. We are a small team, and we are choking and drowning in all the support tickets that have been created, so please forgive us for not answering quickly. We do our best right now, and we hope that with the funding we have and will receive, we will be able to bring our processes to perfection. Thank you for trusting in us.

Best,

Royal Kingdom Enterprise

Wishing you well for smooth sailing from now on and a successful ICO!
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July 12, 2017, 03:46:38 AM
 #67

So, here is what happened and our solution.

Of course, it's impossible to buy Ethereum tokens by Bitcoin as is. In Ethereum, the native currency is ether. But we have decided to do a crazy thing: exchange bitcoin to ether for you and provide a transparent experience, as if it were possible to invest in an ERC20 token with Bitcoin and later, other cryptocurrencies. That was the plan. Well, it didn't go as planned. We couldn't even switch into a manual mode, we haven't expected so much attention frankly. As we have written in the initial message, it was more of a private thing, but it quickly exploded (no pun intended). Now the contract holds 432 ETH ($80k) and we didn't even try hard to market ourselves!

But anyway, some of you were disappointed that you couldn't buy RKC when it was still available for the better price. Well, we have logged every operation, so it was pretty easy to find all BTC attempts to buy RKC. Then we tracked all the "PriceChanged" events from the contract to establish the price timeline. Then we put one on top of the other and determine how much RKC would you have acquired if the transaction didn't fail. This is the results: https://app.venturekingdom.com/rkc_episode/result.

We have created a special transaction for each one called "RKC acquired by historical price NNN" to everybody who was trying to buy RKC with Bitcoin. Now everybody has received their fair share.

Can we create RKC tokens out of the thin air? No, of course not. We have bought some with ETH after this episode by converting your Bitcoin into Ether, but of course, the price went higher and it wasn't enough. So we will calculate the difference and send it to you from our own RKC wallets, from our shares.

The only problem is, we can't use Transfer method on a smart contract to send RKC to you before the ICO ends (smart contract blocks the transfers in ICO time). So, we have added it to the platform manually. But you may ask, how can we guarantee that we will not change it back? It's not very decentralized, is it?

Well, for that reason we have decided to create a page with all RKC accounts to date: https://app.venturekingdom.com/rkc_episode/balances_RKC (including the ones acquired with Ether!). It has your bitcoin address, and, more important, signed message about your current balance. You can download this page or copy paste your part and save it so that when the ICO ends and the Transfer() function is unlocked, you can hold us to it if we end up not depositing the difference to your account (but we will, don't worry). Our public key is located here. It's a frozen timeframe, but we will be updating this page periodically.

With that, we wish you a pleasant night, and tomorrow we will continue all operations. We are a small team, and we are choking and drowning in all the support tickets that have been created, so please forgive us for not answering quickly. We do our best right now, and we hope that with the funding we have and will receive, we will be able to bring our processes to perfection. Thank you for trusting in us.

Best,

Royal Kingdom Enterprise

@royal Kingdom Enterprise - I ams till having issues logging on and checking my wallet to see if the RKC have been deposited. Please can you let me know when this will be fixed?
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July 12, 2017, 04:45:30 AM
 #68

So, here is what happened and our solution.

Of course, it's impossible to buy Ethereum tokens by Bitcoin as is. In Ethereum, the native currency is ether. But we have decided to do a crazy thing: exchange bitcoin to ether for you and provide a transparent experience, as if it were possible to invest in an ERC20 token with Bitcoin and later, other cryptocurrencies. That was the plan. Well, it didn't go as planned. We couldn't even switch into a manual mode, we haven't expected so much attention frankly. As we have written in the initial message, it was more of a private thing, but it quickly exploded (no pun intended). Now the contract holds 432 ETH ($80k) and we didn't even try hard to market ourselves!

But anyway, some of you were disappointed that you couldn't buy RKC when it was still available for the better price. Well, we have logged every operation, so it was pretty easy to find all BTC attempts to buy RKC. Then we tracked all the "PriceChanged" events from the contract to establish the price timeline. Then we put one on top of the other and determine how much RKC would you have acquired if the transaction didn't fail. This is the results: https://app.venturekingdom.com/rkc_episode/result.

We have created a special transaction for each one called "RKC acquired by historical price NNN" to everybody who was trying to buy RKC with Bitcoin. Now everybody has received their fair share.

Can we create RKC tokens out of the thin air? No, of course not. We have bought some with ETH after this episode by converting your Bitcoin into Ether, but of course, the price went higher and it wasn't enough. So we will calculate the difference and send it to you from our own RKC wallets, from our shares.

The only problem is, we can't use Transfer method on a smart contract to send RKC to you before the ICO ends (smart contract blocks the transfers in ICO time). So, we have added it to the platform manually. But you may ask, how can we guarantee that we will not change it back? It's not very decentralized, is it?

Well, for that reason we have decided to create a page with all RKC accounts to date: https://app.venturekingdom.com/rkc_episode/balances_RKC (including the ones acquired with Ether!). It has your bitcoin address, and, more important, signed message about your current balance. You can download this page or copy paste your part and save it so that when the ICO ends and the Transfer() function is unlocked, you can hold us to it if we end up not depositing the difference to your account (but we will, don't worry). Our public key is located here. It's a frozen timeframe, but we will be updating this page periodically.

With that, we wish you a pleasant night, and tomorrow we will continue all operations. We are a small team, and we are choking and drowning in all the support tickets that have been created, so please forgive us for not answering quickly. We do our best right now, and we hope that with the funding we have and will receive, we will be able to bring our processes to perfection. Thank you for trusting in us.

Best,

Royal Kingdom Enterprise

My addres is not on the list even though I transfered my BTC way before the ICO and I tried the moment the ICO started. I even posted a message like 30 seconds after it started that it wasn't working here. What now? No RKC has been transferred.
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July 12, 2017, 05:02:35 AM
 #69

@ RoyalKingdonEnterprise I just got my ETH in my wallet. Was hoping to be able to buy at the start of the ICO when 1 RKC=0.0004ETH with my 1ETH that would have given me 2500RKC. Should I buy the RKC now at over 4.5x the initial price and get less than 550RKC, or should I wait for your "fair solution"?

Yes, please wait and keep your ETH on the platform. (This advice only applies to chewkl).

Awesome!  Thanks heaps! Cool Cool Cool

@RoyalKingdomEnterpise I just received my RKCs in wallet. I have to say a big THANK YOU! You made good on your promises! Cool

I hope it will be smooth sailing from now on and a successful ICO!!!

Happy for you man. I haven't gotten anything, my address isn't even on the list.. Just can't believe it.
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July 12, 2017, 05:09:18 AM
 #70

Happy for you man. I haven't gotten anything, my address isn't even on the list.. Just can't believe it.

Laythian, sorry, could you please create a ticket and mention the ID here so I can track what's happened?

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July 12, 2017, 05:10:39 AM
 #71

Happy for you man. I haven't gotten anything, my address isn't even on the list.. Just can't believe it.

Laythian, sorry, could you please create a ticket and mention the ID here so I can track what's happened?

Ticket #136 I created this like 10-15 mins ago. But I just noticed something and I am very worried, there is NO BTC showing my wallet now Huh? And no RKC.

But I just want to say that you have been very helpfull from the beginning, so I still want to thank you a lot for that.
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July 12, 2017, 05:14:48 AM
 #72

@Royal Kingdom Enterprise ICO Is there any reason why I'm not getting a response to my queries, even though they were raised before the other queries that you have answered? I am getting an error message 'The pair is disabled, sorry.' everytime I try and log so I have been unable to create a ticket. Please help what do I do?
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July 12, 2017, 05:16:23 AM
 #73

Ticket #136 I created this like 10-15 mins ago. But I just noticed something and I am very worried, there is NO BTC showing my wallet now Huh?

Sorry, someone has confused USD with RKC. Should be fixed now.

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July 12, 2017, 05:19:12 AM
 #74

Ticket #136 I created this like 10-15 mins ago. But I just noticed something and I am very worried, there is NO BTC showing my wallet now Huh?

Sorry, someone has confused USD with RKC. Should be fixed now.

It has. Finally, I am so happy! Thank you for the help. I am glad to be a part of RKC.

Just another question though, since we can only buy with ETH now, I get an error when I click the deposit button on ether. Oh and could you give me a signed message too, just in case something goes wrong.
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July 12, 2017, 05:23:29 AM
 #75

@Royal Kingdom Enterprise ICO Is there any reason why I'm not getting a response to my queries, even though they were raised before the other queries that you have answered? I am getting an error message 'The pair is disabled, sorry.' everytime I try and log so I have been unable to create a ticket. Please help what do I do?
Can you post a screenshot please? Is this happening right after you log in?

Quote from: Laythian
I get an error when I click the deposit button on ether.
We're on it.

Quote
Oh and could you give me a signed message to, just in case something goes wrong.
Yes, I've updated the page: https://app.venturekingdom.com/rkc_episode/balances_RKC

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July 12, 2017, 05:28:19 AM
 #76

@Royal Kingdom Enterprise ICO Is there any reason why I'm not getting a response to my queries, even though they were raised before the other queries that you have answered? I am getting an error message 'The pair is disabled, sorry.' everytime I try and log so I have been unable to create a ticket. Please help what do I do?
Can you post a screenshot please? Is this happening right after you log in?

Quote from: Laythian
I get an error when I click the deposit button on ether.
We're on it.

Quote
Oh and could you give me a signed message to, just in case something goes wrong.
Yes, I've updated the page: https://app.venturekingdom.com/rkc_episode/balances_RKC

Thank you a lot/ شكرا. I wish you the best.
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July 12, 2017, 06:20:28 AM
 #77

@royal kingdom enterprise ICO
Can you post a screenshot please? Is this happening right after you log in?

Yes it's happening right after I log on.. I'm unable to provide a screen shot at the moment
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July 12, 2017, 07:26:06 AM
 #78

I hope everyone's issue be solved as soon as possible. I have my RKC on wallet. Thank you for your effort to fix troubled situations. I believe after increasing the amount of team members everything will better.
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July 12, 2017, 07:54:32 AM
 #79

@royal kingdom enterprise ICOI have finally manage to raise a ticket please can someone look into it ticket number is 152
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July 12, 2017, 08:10:11 AM
 #80

@royal kingdom enterprise ICOI have finally manage to raise a ticket please can someone look into it ticket number is 152
Hi fezzy, I see that your ticket has been answered.

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July 12, 2017, 08:30:25 AM
 #81

@royal kingdom enterprise ICOI have finally manage to raise a ticket please can someone look into it ticket number is 152
Hi fezzy, I see that your ticket has been answered.

It has thank you for your help and all the best with the ICO and the overall project
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July 12, 2017, 09:45:25 AM
Last edit: July 12, 2017, 10:10:35 AM by negoweb
 #82

Deposits are being run by ETH Huh. Send 1 ETH to try and it has not reached my wallet.

Ticket #160 , please Help me
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July 12, 2017, 10:08:00 AM
 #83

is this COIN going to get listed on the exchanges immediately after ICO? ...and which exchanges u targeting ?
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July 12, 2017, 03:09:25 PM
 #84

Deposits are being run by ETH Huh. Send 1 ETH to try and it has not reached my wallet.

Ticket #160 , please Help me

Hi negoweb, we have replied to your ticket.

The problem is not on our side, this is a known problem with Poloniex. It happened 4 times already with our users. They have withdrawn the funds to the address, Poloniex shows status: Complete, but the transaction is not on the blockchain, and nothing is on etherscan either. So the problem must be on Poloniex side.

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July 12, 2017, 03:10:52 PM
 #85

what a shit here can't buy with BTC, why did you allow then BTC deposit?


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July 12, 2017, 03:22:16 PM
 #86

is this COIN going to get listed on the exchanges immediately after ICO? ...and which exchanges u targeting ?

Primarily, it will be traded on our new product, distributed cryptocurrency and tokens exchange Tomorrow Exchange. But we will ask other big centralized exchanges to list us as well.

Quote from: Bitcoinmeister
what a shit here can't buy with BTC, why did you allow then BTC deposit?
We had BTC, LTC, DASH and even fiat currencies before the ICO, because it was the trading platform. Now several functions are disabled, but we still need crypto wallets internally for some users.

Yes, it's not possible to buy RKC with Bitcoin, since it's a token on Ethereum blockchain. In the first minutes of ICO we were exchanging Bitcoin to Ether for our users behind the scenes, the pair BTC-RKC was available for some time. Unfortunately, due to the unexpectedly high demand, we could not continue to offer this possibility. Sorry for the inconvenience.

And thank you for pointing out the confusion about this. We have added the message in Wallets about RKC being incompatible with currencies other than Ethereum, since it's a token on Ethereum blockchain, so that no one will deposit other currencies for this reason.

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July 12, 2017, 03:54:51 PM
 #87

what a shit here can't buy with BTC, why did you allow then BTC deposit?

For you to complicate there are many exchanges to change your bitcoin to ETH.
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July 12, 2017, 04:08:23 PM
 #88

what a shit here can't buy with BTC, why did you allow then BTC deposit?

For you to complicate there are many exchanges to change your bitcoin to ETH.

did you think i did not now this.
the problem is that the ico price today higher then yesterday, and i deposit my btc yesterday, and cant buy to low price


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July 12, 2017, 04:12:24 PM
 #89

Quote
The available ICO pool is 18%;

Alright, so you're holding on to 82% of the total supply?
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July 12, 2017, 04:24:39 PM
 #90

did you think i did not now this.
the problem is that the ico price today higher then yesterday, and i deposit my btc yesterday, and cant buy to low price
Can you please create a ticket about this please, so we can see the transactions?

Quote from: Nalien
Alright, so you're holding on to 82% of the total supply?
82% is the team + pre-sale to our early investors on the pre-sale stage.

As we say on our ICO page, under ICO Structure:

Quote
We dedicated a pool of 20% to the public offering of currencies, 2% of this quota being sold in the pre-sale period, so in the ICO it will be possible to acquire 18% of the tokens issued (2,700,000 RKCs) and these will be frozen in the wallets of the purchasers until the end of the initial offer.

The remaining 80% are owned by the organization’s shareholders. Due to the 82% (shareholders + pre-sale) context being a significant amount, we make sure to add in the smart contract rules that make it difficult to quickly sell or transfer a significant amount of tokens.

This is because we weren't asking for crowd funding. We already have a company, team, products, sales, from which we pay salaries; and the team and the early investors have invested their money and effort into bringing us to this stage.

Also, whatever amount of RKC all of you have acquired at this point (and whatever percentage of the total supply you're holding), it will be increased at the end of the ICO automatically if the 18% will not get bought. The smart contract is designed to drive the price until it's ridiculously high, so that the users stop buying RKC. This way the contract will discover the market valuation of the token automatically at the end of the ICO. And after it, the token will spread proportionally the rest of the unbought coins to everybody who participated.

Hope it clarifies some things.

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July 12, 2017, 04:35:03 PM
 #91

wooow,,Many are willing to buy

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July 12, 2017, 04:40:27 PM
 #92

did you think i did not now this.
the problem is that the ico price today higher then yesterday, and i deposit my btc yesterday, and cant buy to low price
Can you please create a ticket about this please, so we can see the transactions?

Quote from: Nalien
Alright, so you're holding on to 82% of the total supply?
82% is the team + pre-sale to our early investors on the pre-sale stage.

As we say on our ICO page, under ICO Structure:

Quote
We dedicated a pool of 20% to the public offering of currencies, 2% of this quota being sold in the pre-sale period, so in the ICO it will be possible to acquire 18% of the tokens issued (2,700,000 RKCs) and these will be frozen in the wallets of the purchasers until the end of the initial offer.

The remaining 80% are owned by the organization’s shareholders. Due to the 82% (shareholders + pre-sale) context being a significant amount, we make sure to add in the smart contract rules that make it difficult to quickly sell or transfer a significant amount of tokens.

This is because we weren't asking for crowd funding. We already have a company, team, products, sales, from which we pay salaries; and the team and the early investors have invested their money and effort into bringing us to this stage.

Also, whatever amount of RKC all of you have acquired at this point (and whatever percentage of the total supply you're holding), it will be increased at the end of the ICO automatically if the 18% will not get bought. The smart contract is designed to drive the price until it's ridiculously high, so that the users stop buying RKC. This way the contract will discover the market valuation of the token automatically at the end of the ICO. And after it, the token will spread proportionally the rest of the unbought coins to everybody who participated.

Hope it clarifies some things.

If you already are a company paying salaries and infrastructure, then you already have the money to do so and do not need to use extra money from the ICO.

Using smart contracts to delay your potential exit isn't reassuring in any way either.
As far as I'm aware there is no limit on the maximum possible amount to be raised either and you provide no guidelines as to how much money you need for what kind of expenses, which as an established company you should at least be able to do.


What is your company? How much is it worth? What do you do? What do you need extra funds for? How will you use them?

So far this is just another scamcoin. I'll be happy to be convinced otherwise though.
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July 12, 2017, 06:43:48 PM
 #93

I've been reading the roadmap for this token. There is no information if they are thinking of being inserted into known exchanges (poloniex, bittrex, etc). Is there any intention of being admitted to known exchanges ?. Or is it just going to add to the exchange that is being created ("Tomorrow")?
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July 12, 2017, 07:01:07 PM
 #94

If you already are a company paying salaries and infrastructure, then you already have the money to do so and do not need to use extra money from the ICO.
And why would the company, the goal of which is to make more profit, turn down extra money? One doesn't exclude the other. Well ran companies ask for the funding all the time. But the thing is, we didn't even really ask for anybody's money. As we have written in the first message of this thread, it was thought to be more like a private thing but in public space, which is the blockchain, even though everybody is welcome to participate.

That's why we had some problems during the launch, we haven't expected so much attention and eagerness to acquire the tokens. Well, we expected it, but not so fast that we wouldn't been able to handle the payments load Smiley

Quote
Using smart contracts to delay your potential exit isn't reassuring in any way either.
This isn't the intention. We have not been even thinking about the exit at this point. We have decided to use the smart contract and ICO simply to stay transparent to our early investors and the team when we would send premiums monthly to all the token holders. We didn't want to do it in the traditional IPO sense, but rather using the innovative blockchain tech. We're really glad that others joined too though.

Quote
As far as I'm aware there is no limit on the maximum possible amount to be raised either and you provide no guidelines as to how much money you need for what kind of expenses, which as an established company you should at least be able to do.
Many of the people that have acquired tokens initially knew us personally and what our company does. Some just read the website, because everything is explained there. But I will reiterate some key points here.

Quote
What is your company?
It's a company. IT company. Registered in Dubai, with the decentralized team in several countries spanned over multiple time zones.

Quote
What do you do?
We are selling B2B technology solutions that have to do with the blockchain to the businesses. It currently includes, but not limited to: payment gateways in Bitcoin/Ethereum/other cryptos, Bitcoin cards, cryptographic notary, fiat- and cryptocurrency exchanges, custom applications that have to do with blockchains. We provide separate solutions as well as white label mode when we host the platform for the client, adapting it to their needs and style guides.

Quote
How much is it worth?
We didn't do the IPO, so this information is, naturally, non-existant. At the end of the ICO it should be clear how much exactly it is worth just by multiplying the numbers.

You know the best thing about our smart contract that we're really excited about? It doesn't sell the tokens at the fixed price. It's increasing the price automatically when the market demand increases. This means that the algorithm is basically doing the market evaluation discovery for the token, and thus for the company itself. People will stop buying RKC at some point because the price has gone to the point where they think it's more than what we're worth, and we will know the exact amount by then. Not what we think how much it's worth, but what the market thinks. Nice, isn't it?

Quote
What do you need extra funds for? How will you use them?
We are tired of just doing what other companies are doing: providing the payment gateways and exchanges and such. It's all old stuff by now. We believe that despite the Bitcoin having been invented in 2008, the cryptocurrency and blockchain tech is still a child (we especially learned it while working with Ethereum contracts and its Solidity language), and we have so much room to innovate and come up with new products and solutions. That's our goal.

Right now we're working on a beta prototype for Tomorrow Exchange, which would be the distributed cryptocurrency exchange, a real one and a working one, unlike the rest.

Quote
So far this is just another scamcoin. I'll be happy to be convinced otherwise though.
The usual investment advice, as you might know, is as follows: invest in what you know enough about, and don't invest more than you're willing to lose, if something will turn out just another scamcoin. I think this is somewhat applicable here to a degree. We're not aggressively searching for the funding, and we wouldn't die without it. But at the same time, we're really excited and very honored to see the market trust in us, expressed in the investment amount. We will do our best to adhere to this trust. Since all our team has shares in RKC and we will spend 50% of our profit to buy and redistribute RKC + 50% to reinvest back to the company, by making our investors and token holders profitable we make ourselves profitable as well, and it's all transparent on the blockchain, so it's our shared goal to make this all happen and make an ROI for us all.

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July 12, 2017, 07:01:43 PM
 #95

Joined bounty social media , done sent email Smiley
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July 12, 2017, 11:05:06 PM
 #96


They identify themselves in the OP. These folks are not ducking and hiding from anyone. They had a Pre-ICO [ANN] Thread up here on BTCTalk for at least month discussing the project https://bitcointalk.org/index.php?topic=1963068.0

I have known and worked with the RKE CEO for nearly two years now on other projects in the industry. The CTO is a brilliant engineer and has been one of my mentors for nearly 6 months and the Chief Public Relations Officer is a personal friend and former colleague whom I admire greatly.

This project is straight forward and well thought out in order to benefit the investors along with the newly forming community. There is some serious backing behind Royal Kingdom Coin and the engineers are going to be delivering a product which in my opinion nobody yet has been able to perfect and deliver regarding the exchange platform, from many standpoints and the profit sharing buy backs of the token from revenue is a concept that I really resonate with and favor and have yet to see others even attempt to achieve.

I could go on for more but will save the speech for later, however these reasons stated above are why I will be putting my money where my mouth is and making sure I am standing well in RKC when all this initial offering is said and done. Please feel free to PM me and I will gladly identify myself and tell you the same thing as here regarding my unwavering support for these folks in charge, this awesome newly forming community and this brilliantly thought out project. I have been around Crypto since 2011 and my development experience dates back to 2013 and Netcoin (NET) 5+ POD Rating from Chris Taylor the 'CryptoAsian', Board Member of the 'Association for Digital Currency' in Washington DC, worked as 'Biz Dev' at Vanbex with Lisa Cheng and Kevin Hobbs and recently helped raise nearly a Million Dollars for some UFC Hall of Famers and Bitcoin Entrepreneurs for 'LegendsRoom'

Royal Kingdom Coin is a winner, and its a winner because of the great talent and proven integrity of the Royal Kingdom Enterprises Team, this one will change lives. Please PM me for any vetting or if there is anything I can do as long as my efforts will continue too move this great project forward.

Saleh, Serge & Suelen, great job!!!!! This is where history is made!!!!

Best,

~jack


Thanks Jack!

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July 13, 2017, 12:31:32 PM
 #97

What is your expected fundings amount ?
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July 13, 2017, 12:54:28 PM
 #98

Hi!

Project looks promising, but why accept only ETH in ICO?

Bitcoin
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July 13, 2017, 01:46:49 PM
 #99

Hi!

Project looks promising, but why accept only ETH in ICO?

I think because it's built on the ethereum platform?
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July 13, 2017, 02:05:02 PM
 #100

What is your expected fundings amount ?

Hi ksnhll,

Instead of selling tokens at the fixed price as many other ICOs do and thus having an exact hard market cap, the smart contract instead follows this formula for changing the price dynamically based on a market demand:

https://github.com/uvarovserge/royalkingdomcoin/blob/master/contracts/RKCToken.sol#L116

We have calculated that the maximum possible investment is around 100,000 ETH, which is $20,500,000 at the moment (could be more or less, depending on the ETH price) if someone were to buy all 18% spread by 18 transactions (would be slightly more if the transactions are small instead). We can't get more than this amount. This is by intention, we hard-coded this limit into the formula. We can get less though if the market will stop buying until the ICO ends. Then we will divide this amount by the total amount of coins bought, multiply by 100, and we get the full market valuation of the token that the smart contract has thus discovered. And the rest of the unbought tokens gets proportionally distributed among all token holders to make everyone happy.

Quote from: Laythian
Quote from: jukKas
Project looks promising, but why accept only ETH in ICO?
I think because it's built on the ethereum platform?
You're absolutely right. We based our ICO on the rules of the open source smart contract to provide the full transparency of operations to the public. The smart contract runs on the Ethereum blockchain network, and it's not possible to send Bitcoin to the Ethereum address, as you know. We were trying to provide this service and convert BTC to ETH for people at the start of the ICO, but couldn't keep up with the unexpectedly high demand. So now only ETH is available.

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July 13, 2017, 02:40:20 PM
 #101

did you think i did not now this.
the problem is that the ico price today higher then yesterday, and i deposit my btc yesterday, and cant buy to low price
Can you please create a ticket about this please, so we can see the transactions?


Many Thanks i recieved my coins  Wink


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FACEBOOK 】【 TWITTER
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  Join our ICO: 
Dec. 1-31 │ Whitepaper 
Laythian
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July 13, 2017, 09:17:56 PM
 #102

Is it possible to see how many tokens has been sold so far?
cryptaxo
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July 14, 2017, 09:38:50 AM
 #103

hi, if need Chinese translation let me know, I will also maintain Chinese thread with updates and replies. I can also start threads in other Chinese websites on this topic. please PM if interested.
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July 14, 2017, 01:57:26 PM
 #104

How to understand I'm taken to the bounty of the company on Twitter and Facebook? I wrote a letter with the indicated recommendations, I did not receive a reply
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July 14, 2017, 04:22:41 PM
 #105

100$k more has been raised, and 28 days to end
hopefully your ICO success
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July 14, 2017, 08:42:02 PM
 #106

How to understand I'm taken to the bounty of the company on Twitter and Facebook? I wrote a letter with the indicated recommendations, I did not receive a reply
Hi, which email did you use to sign up for the bounth campaign?
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July 14, 2017, 08:50:46 PM
 #107

Is it possible to see how many tokens has been sold so far?

Yes, here:

https://etherscan.io/address/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202#readContract

getAttoTokensBoughtInICO: 557303897693922862106028

This is in atto-tokens (-10^18). To know how many were sold, you can divide by 10^18 or simply truncate the last 18 digits: 557303 tokens (and some RKCents) sold as of this moment.


qzpm
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July 15, 2017, 12:08:54 AM
 #108

Is it possible to see how many tokens has been sold so far?

Yes, here:

https://etherscan.io/address/0x6ccb56947ea1d6efdc81acfbacd8263ddfa9b202#readContract

getAttoTokensBoughtInICO: 557303897693922862106028

This is in atto-tokens (-10^18). To know how many were sold, you can divide by 10^18 or simply truncate the last 18 digits: 557303 tokens (and some RKCents) sold as of this moment.


1000 ETH will coming, hopefully all tokens sold out
zahidmoon
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July 16, 2017, 08:16:16 AM
 #109

RKC another coin from dubai
and this coin is eth based coin
it looks good coin but will see what the RKC team will do for this coin
i am keeping eye on this coin from now

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sourient
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July 17, 2017, 03:09:49 PM
 #110

RKC another coin from dubai
and this coin is eth based coin
it looks good coin but will see what the RKC team will do for this coin
i am keeping eye on this coin from now

Welcome to the Royal Kingdom Coin project.
 Be part of our channel in Slack

https://royalkingdomcoin.slack.com/join/shared_invite/MjE0MDk1MzE2ODIyLTE1MDAwNjg1NTQtYTgyY2JlNzdlOA
RoyalKingdomEnterprise
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July 20, 2017, 01:01:44 PM
Last edit: July 20, 2017, 01:34:30 PM by RoyalKingdomEnterprise
 #111

BitcoinTalk Signature Campaign Thread:

https://bitcointalk.org/index.php?topic=2036864

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July 20, 2017, 07:58:31 PM
 #112

Looks promising. I invested a fair amount. Good luck dev.
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July 20, 2017, 08:01:02 PM
 #113

Excellent, they added a form to participate in the bounty and a table with the participants.
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July 20, 2017, 08:30:37 PM
 #114

Why email section is visible to the public kindly hide this section because it's against the privacy. Anybody can use this data for spamming purpose and can abuse with unwanted emails.
BitGold!
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July 21, 2017, 11:22:20 AM
 #115

what exchange plan after the end of the ICO
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July 21, 2017, 06:48:23 PM
Last edit: July 21, 2017, 07:03:43 PM by carlog12345
 #116

What is your expected fundings amount ?

Hi ksnhll,

Instead of selling tokens at the fixed price as many other ICOs do and thus having an exact hard market cap, the smart contract instead follows this formula for changing the price dynamically based on a market demand:

https://github.com/uvarovserge/royalkingdomcoin/blob/master/contracts/RKCToken.sol#L116

We have calculated that the maximum possible investment is around 100,000 ETH, which is $20,500,000 at the moment (could be more or less, depending on the ETH price) if someone were to buy all 18% spread by 18 transactions (would be slightly more if the transactions are small instead). We can't get more than this amount. This is by intention, we hard-coded this limit into the formula. We can get less though if the market will stop buying until the ICO ends. Then we will divide this amount by the total amount of coins bought, multiply by 100, and we get the full market valuation of the token that the smart contract has thus discovered. And the rest of the unbought tokens gets proportionally distributed among all token holders to make everyone happy.

Quote from: Laythian
Quote from: jukKas
Project looks promising, but why accept only ETH in ICO?
I think because it's built on the ethereum platform?
You're absolutely right. We based our ICO on the rules of the open source smart contract to provide the full transparency of operations to the public. The smart contract runs on the Ethereum blockchain network, and it's not possible to send Bitcoin to the Ethereum address, as you know. We were trying to provide this service and convert BTC to ETH for people at the start of the ICO, but couldn't keep up with the unexpectedly high demand. So now only ETH is available.

Hi, how do you plan to distribute the rest of unbought tokens proportionally? Is it by the amount of Eth you invested divide by total eth collected multiply by number of remaining tokes or what? Also you said that you are already a company, What is the name of your company? Is it ok if you screenshot your company trade license and expiry date. I tried to search for rke and royal kingdom enterprise in Dubai chamber of commerce but I cant find any results. I just want to make sure you are existing company in Dubai to avoid any doubts.
sourient
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July 21, 2017, 07:49:28 PM
 #117

Why email section is visible to the public kindly hide this section because it's against the privacy. Anybody can use this data for spamming purpose and can abuse with unwanted emails.

The email field is hidden now, please check.
Peao
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July 21, 2017, 10:17:55 PM
 #118

What is your expected fundings amount ?

Hi ksnhll,

Instead of selling tokens at the fixed price as many other ICOs do and thus having an exact hard market cap, the smart contract instead follows this formula for changing the price dynamically based on a market demand:

https://github.com/uvarovserge/royalkingdomcoin/blob/master/contracts/RKCToken.sol#L116

We have calculated that the maximum possible investment is around 100,000 ETH, which is $20,500,000 at the moment (could be more or less, depending on the ETH price) if someone were to buy all 18% spread by 18 transactions (would be slightly more if the transactions are small instead). We can't get more than this amount. This is by intention, we hard-coded this limit into the formula. We can get less though if the market will stop buying until the ICO ends. Then we will divide this amount by the total amount of coins bought, multiply by 100, and we get the full market valuation of the token that the smart contract has thus discovered. And the rest of the unbought tokens gets proportionally distributed among all token holders to make everyone happy.

Quote from: Laythian
Quote from: jukKas
Project looks promising, but why accept only ETH in ICO?
I think because it's built on the ethereum platform?
You're absolutely right. We based our ICO on the rules of the open source smart contract to provide the full transparency of operations to the public. The smart contract runs on the Ethereum blockchain network, and it's not possible to send Bitcoin to the Ethereum address, as you know. We were trying to provide this service and convert BTC to ETH for people at the start of the ICO, but couldn't keep up with the unexpectedly high demand. So now only ETH is available.

Hi, how do you plan to distribute the rest of unbought tokens proportionally? Is it by the amount of Eth you invested divide by total eth collected multiply by number of remaining tokes or what? Also you said that you are already a company, What is the name of your company? Is it ok if you screenshot your company trade license and expiry date. I tried to search for rke and royal kingdom enterprise in Dubai chamber of commerce but I cant find any results. I just want to make sure you are existing company in Dubai to avoid any doubts.

I agree with your friend. ran right through me. but I couldn't find any definitive information. can you show the bibliography?

 thanks. good work. Wink
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July 22, 2017, 01:53:25 AM
 #119

This project is very promising for my support for this success, I joined the signature campaign Wink

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July 22, 2017, 09:29:50 AM
 #120

Hello!
Why not receive the link confirm registration on email? When you register an office VentureKingdom Platform!
There is no opportunity to go to the office!

Please activate your account first. An activation link was sent to your email.

No link activation Huh
ksnhll
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July 22, 2017, 09:32:35 AM
 #121

Hello!
Why not receive the link confirm registration on email? When you register an office VentureKingdom Platform!
There is no opportunity to go to the office!

Please activate your account first. An activation link was sent to your email.

No link activation Huh

Hi friend. I created a ticket on venturekingdom.com about this issue. I think they fix when they saw my ticket.
clixcoin
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July 22, 2017, 09:43:04 AM
 #122

Hello!
Why not receive the link confirm registration on email? When you register an office VentureKingdom Platform!
There is no opportunity to go to the office!

Please activate your account first. An activation link was sent to your email.

No link activation Huh

Hi friend. I created a ticket on venturekingdom.com about this issue. I think they fix when they saw my ticket.

My ticket about same issue still pending maybe due to weekend I hope on Monday this problem will get sorted out. Now it's confirmed all people facing same issue to get activation link after successful sign up there.
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July 22, 2017, 09:52:14 AM
Last edit: July 22, 2017, 02:53:46 PM by ksnhll
 #123

Hello!
Why not receive the link confirm registration on email? When you register an office VentureKingdom Platform!
There is no opportunity to go to the office!

Please activate your account first. An activation link was sent to your email.

No link activation Huh

Hi friend. I created a ticket on venturekingdom.com about this issue. I think they fix when they saw my ticket.

My ticket about same issue still pending maybe due to weekend I hope on Monday this problem will get sorted out. Now it's confirmed all people facing same issue to get activation link after successful sign up there.

They fixed that. At venturekingdom.com I received this answer to my ticket talking about this situation:

"Yes, we've confirmed the issue, restarted the email queue and everybody has received their emails by now."
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July 22, 2017, 02:04:38 PM
 #124

I think this project is good and very promising, hopefully this project successful  Wink
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July 22, 2017, 05:39:40 PM
 #125

This is good in the end, hopefully this project goes smoothly without a hitch, I think it's good to benefit investors.thanks
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July 22, 2017, 06:03:41 PM
 #126

Great milestone for our project. I wish success to team and special thank for their effort!
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July 22, 2017, 07:26:08 PM
 #127

Hello!
Why not receive the link confirm registration on email? When you register an office VentureKingdom Platform!
There is no opportunity to go to the office!

Please activate your account first. An activation link was sent to your email.

No link activation Huh

Hi friend. I created a ticket on venturekingdom.com about this issue. I think they fix when they saw my ticket.

My ticket about same issue still pending maybe due to weekend I hope on Monday this problem will get sorted out. Now it's confirmed all people facing same issue to get activation link after successful sign up there.

They fixed that. At venturekingdom.com I received this answer to my ticket talking about this situation:

"Yes, we've confirmed the issue, restarted the email queue and everybody has received their emails by now."


Yes. The problem is solved. But now how to tie Twitter and Facebook in the office?
TropicalDog
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July 23, 2017, 12:57:30 AM
 #128

This project is hopeful and awesome. God bless.
Anyway, I'd like to ask:why i can't access https://app.venturekingdom.com in my smartphone. This problem doesn't happen when i use my laptop.
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July 23, 2017, 08:53:46 AM
 #129

This is a very good project .. I have joined the signature newbie .. hopefully this project will run on target .. and many investors are interested in this project ,, good luck
erwan
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July 23, 2017, 08:56:19 AM
 #130

This is a very good project .. I have joined the signature newbie .. hopefully this project will run on target .. and many investors are interested in this project ,, good luck
Can a newbie join a signature campaign?  Huh  Shocked
Lunar Crank
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July 23, 2017, 09:18:02 AM
 #131

This is a very good project .. I have joined the signature newbie .. hopefully this project will run on target .. and many investors are interested in this project ,, good luck
Can a newbie join a signature campaign?  Huh  Shocked

Yes you can join! I joined to the signature campaign too.

███    TWITTER     MOCKTAIL      WHITEPAPER     ███
███       ANN                        FIRST SEMI-FUNGIBLE TOKEN ON BSC         SMART CONTRACT    ███
███  TELEGRAM       SWAP             PANCAKE      ███
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July 23, 2017, 06:05:05 PM
 #132

What is your expected fundings amount ?

Hi ksnhll,

Instead of selling tokens at the fixed price as many other ICOs do and thus having an exact hard market cap, the smart contract instead follows this formula for changing the price dynamically based on a market demand:

https://github.com/uvarovserge/royalkingdomcoin/blob/master/contracts/RKCToken.sol#L116

We have calculated that the maximum possible investment is around 100,000 ETH, which is $20,500,000 at the moment (could be more or less, depending on the ETH price) if someone were to buy all 18% spread by 18 transactions (would be slightly more if the transactions are small instead). We can't get more than this amount. This is by intention, we hard-coded this limit into the formula. We can get less though if the market will stop buying until the ICO ends. Then we will divide this amount by the total amount of coins bought, multiply by 100, and we get the full market valuation of the token that the smart contract has thus discovered. And the rest of the unbought tokens gets proportionally distributed among all token holders to make everyone happy.

Quote from: Laythian
Quote from: jukKas
Project looks promising, but why accept only ETH in ICO?
I think because it's built on the ethereum platform?
You're absolutely right. We based our ICO on the rules of the open source smart contract to provide the full transparency of operations to the public. The smart contract runs on the Ethereum blockchain network, and it's not possible to send Bitcoin to the Ethereum address, as you know. We were trying to provide this service and convert BTC to ETH for people at the start of the ICO, but couldn't keep up with the unexpectedly high demand. So now only ETH is available.

Hi, how do you plan to distribute the rest of unbought tokens proportionally? Is it by the amount of Eth you invested divide by total eth collected multiply by number of remaining tokes or what? Also you said that you are already a company, What is the name of your company? Is it ok if you screenshot your company trade license and expiry date. I tried to search for rke and royal kingdom enterprise in Dubai chamber of commerce but I cant find any results. I just want to make sure you are existing company in Dubai to avoid any doubts.

Any response from the team for my queries? Also I checked linkedin profiles of your team like working experience or about the company, etc nothing is written there. I am starting to have some doubts. Hopefully you can reply and clear this before I can invest. The beta version of Tomorrow exchange will start tomorrow right? Cheers.
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July 23, 2017, 08:46:05 PM
 #133

There may be distinct gains after the end of the ico exchange, as long as the project continues without any constraints and cooperation forever. thank you

Crypto-Court
Universal Cryptocurrency Platform
https://cryptocourt.online/
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July 24, 2017, 07:59:58 AM
 #134

New coins, new beginnings, hopefully this project will be successful and achieve the expected target ..
How is this project?
How many tokens are sold?
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July 24, 2017, 01:56:37 PM
 #135

joined facebook and twitter bounty..  Grin Grin

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July 24, 2017, 05:23:18 PM
 #136

awesome project i think.. i hope this project can be successfull too..
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July 24, 2017, 10:30:54 PM
 #137

I have trouble joining siganture, I can not copy signature to my account, sorry if I ask a lot, because this is my first signature, please help, Sad
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July 24, 2017, 10:48:20 PM
 #138

Very good project with signature. Let alone newbie allowed to follow it and this is my first signature thanks
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July 24, 2017, 11:08:15 PM
 #139

Promising!!
I would certainly be waiting for the tokens to be listed on exchanges.

Cleverly done post.
Bookmarked it!!

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July 25, 2017, 01:25:55 AM
 #140

Looks this this has lost a lot of traction. Surprising as the project was well thought out, transparent and good response from the official devs here...
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July 26, 2017, 04:45:44 AM
Last edit: July 26, 2017, 05:06:15 AM by mprep
 #141

ATTENTION: Due to the bounty incentivising posting on the ANN thread (which is an on-forum altcoin giveaway in any and all definitions), this thread is locked. There is zero tolerance for those blatantly breaking the "no on-forum altcoin giveaways" rule.


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