maxNIMFA
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August 16, 2017, 07:59:51 AM |
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this project developed by a great team.. i'm sure that this project is promising and will be a success project and also can reach more than the goals that have been planned..
Dear Carina.P, It's a real pleasure to read such warm words of supports. Thank you! Max, Nimfamoney Founder & CEO
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coup22
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Activity: 19
Merit: 0
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August 17, 2017, 05:01:02 AM Last edit: August 18, 2017, 03:10:35 AM by coup22 |
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Interesting project! I have a few questions before I consider participating in the ICO:
1) Is there a time limit for closing loan positions? Some ICOs last for awhile.
2) What happens if someone is at net loss at the end of the loan term?
3) Will the final loan re-payment be tied to the initial cost in fiat money or initial number of tokens put in? If it is number of tokens, the fiat amount of the loan will fluctuate with token price over the loan term.
Edit: Took a look at the android demo video, and changed some questions.
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studio1one
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August 18, 2017, 04:34:35 AM |
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I was trying to open the white paper of the project but i am getting this error "The requested URL /ENG_V.1.0_Whitepaper_ICO_Nimfamoney.pdf was not found on this server."
Can you check it please
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BINTEX | | ● ● ● ● ● ● ●
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WireonFire
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Activity: 50
Merit: 0
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August 18, 2017, 04:40:34 AM |
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Is this project something like PPT? What makes it different?
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maxNIMFA
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August 22, 2017, 09:36:06 AM |
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Interesting project! I have a few questions before I consider participating in the ICO:
1) Is there a time limit for closing loan positions? Some ICOs last for awhile.
2) What happens if someone is at net loss at the end of the loan term?
3) Will the final loan re-payment be tied to the initial cost in fiat money or initial number of tokens put in? If it is number of tokens, the fiat amount of the loan will fluctuate with token price over the loan term.
Edit: Took a look at the android demo video, and changed some questions.
Dear coup22, Here are the answers on your questions. 1) 30 days is a maximum cryptoloan period. 2) There's a margin call procedure on Nimfamoney. It means that if the cost of all the cryptocurencies bought with a cryptoloan goes lower than on -30% the smart contract would automatically payback the loan in order to protect cryptocredit funds. 3) It will be tied to the number on NIMFA tokens you get. We will be working hard on risk-management procedures in order to balance the loan a person takes with a loan a person pays back. Max, Nimfamoney Founder & CEO
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maxNIMFA
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August 22, 2017, 09:38:26 AM |
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Is this project something like PPT? What makes it different?
Dear WireonFire, Please clarify what is PPT because we don't know such a blockchain-organization. Thank you. Max, Nimfamoney Founder & CEO
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Voltaje
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August 23, 2017, 05:18:58 PM |
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Hello, why this thread hasn't been taking announcements? I think I heard about the android app to check the system, but nothing here, it would be good to share the updates here so the other threads can post too.
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coup22
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Activity: 19
Merit: 0
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August 24, 2017, 01:16:44 AM |
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Interesting project! I have a few questions before I consider participating in the ICO:
1) Is there a time limit for closing loan positions? Some ICOs last for awhile.
2) What happens if someone is at net loss at the end of the loan term?
3) Will the final loan re-payment be tied to the initial cost in fiat money or initial number of tokens put in? If it is number of tokens, the fiat amount of the loan will fluctuate with token price over the loan term.
Edit: Took a look at the android demo video, and changed some questions.
Dear coup22, Here are the answers on your questions. 1) 30 days is a maximum cryptoloan period. 2) There's a margin call procedure on Nimfamoney. It means that if the cost of all the cryptocurencies bought with a cryptoloan goes lower than on -30% the smart contract would automatically payback the loan in order to protect cryptocredit funds. 3) It will be tied to the number on NIMFA tokens you get. We will be working hard on risk-management procedures in order to balance the loan a person takes with a loan a person pays back. Max, Nimfamoney Founder & CEO Thanks, Max! That eases my concerns. I'll consider investing some money in the ICO
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bikers online
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August 26, 2017, 02:57:17 PM |
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If the project is in accordance with the plan early in sales ico will soon be open and ico duration is only about 3 to 4 days, hopefully can get maximum target
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danjacrom
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Activity: 6
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August 28, 2017, 05:48:05 AM |
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Can you please advise why you made the Pre ICO 96% discount? my understanding is that on Launch everyone involved at that stage makes around 20X - while the investors in your ICO buying coins/tokens for $5 assuming to be borrowing $15 in the future are going to be left with a coin that potentially is sold at a significant discount to the purchase price initially and if the token goes down in price you will only be able to borrow less than the expected amount anyway..... Seems like a great business and Idea - but your Pre ICO discount of 96% will be a MASSIVE deterrent from people participating in the ICO as they not only potentially lose the value of the token on listing - but also they lose the token function.....
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maxNIMFA
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August 28, 2017, 05:53:33 AM |
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Hello, why this thread hasn't been taking announcements? I think I heard about the android app to check the system, but nothing here, it would be good to share the updates here so the other threads can post too.
Dear Voltaje, Thanks for the advice. And to use it right now I'd like to share the information that Nimfamoney ICO starts tomorrow, August, 29. Max, Nimfamoney Founder & CEO
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danjacrom
Newbie
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Activity: 6
Merit: 0
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August 28, 2017, 05:59:53 AM |
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Can you please advise why you made the Pre ICO 96% discount? my understanding is that on Launch everyone involved at that stage makes around 20X - while the investors in your ICO buying coins/tokens for $5 assuming to be borrowing $15 in the future are going to be left with a coin that potentially is sold at a significant discount to the purchase price initially and if the token goes down in price you will only be able to borrow less than the expected amount anyway.....
Seems like a great business and Idea - but your Pre ICO discount of 96% will be a MASSIVE deterrent from people participating in the ICO as they not only potentially lose the value of the token on listing - but also they lose the token function.....
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danjacrom
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Activity: 6
Merit: 0
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August 28, 2017, 06:14:54 AM |
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My calculations of $56,678 raised at Pre ICO for 277,095 tokens = $0.205 per token and now you are listing them at $5 per token So that's immediately ~24.5x on Pre Ico....
If you can explain any rationale behind this it would be appreciated.
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maxNIMFA
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August 29, 2017, 07:17:19 AM |
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🚀 #NIMFAMONEY ICO STARTS TODAY JUST IN 3 HOURS! JOIN NOW AT: https://www.nimfamoney.io AND WIN BIG ON OUR ICO!
🔥 #AWESOMEICO #NIMFA #TOTHEMOON 🔥
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o48o
Legendary
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Activity: 2996
Merit: 1152
Leading Crypto Sports Betting & Casino Platform
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August 29, 2017, 09:50:28 AM |
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in 10 minutes, let's see how this goes, good luck.
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BitFinnese
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August 29, 2017, 12:51:01 PM |
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Thank you for the instruction I hope Nimfa ICO is a success.
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maxNIMFA
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August 29, 2017, 01:36:53 PM |
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Thank you for the instruction I hope Nimfa ICO is a success. Dear BitFinnese, We are really grateful for your support! Max, Nimfamoney Founder & CEO
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