scribbles
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August 26, 2017, 06:45:59 AM |
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ICOS token: how does it work Nick Evdokimov Founder at ICOBox Over the past few days, I’ve received several hundred questions on the function of our ICOS token. To make things easy for everyone I decided to write this post which describes the principles of its operation and the market goals it accomplishes. The token holder’s task is to buy tokens during the time of shortage but as cheaply as possible. And now imagine that the token sale has been completed, the project started working and proved its worth, and you still have the opportunity to travel back in time and buy its tokens even cheaper than at its presale price. The project’s task is to conduct an impeccable ICO with an experienced team, and pay for the services with their own tokens. These are exactly the two tasks that are accomplished using the tool we at ICOBox invented. This tool is our ICOS token, which has the following characteristics: - Unprecedented discount. ICOS token can be swapped for any token issued with our tools at a 75% discount on the new token. This is possible because all funds collected through the ICOS token sale will be used to provide ICO services to new projects without any upfront payment on their part. In exchange, the ICOS platform and its token holders get a preset number of the project’s tokens: for example, if a startup received 50 BTC worth of services, it will repay to the platform 200 BTC worth of its tokens. So we get a ratio of 1:4, and, consequently, a 75% discount. So if you buy $1,000 worth of ICOS tokens, you could exchange them for tokens of other projects worth $4,000. - Minimization of risks. It is critically important that you can exchange your ICOS tokens at any time, whether at the start of the token sale or after its completion, and the timing of the exchange will have no affect on the exchange rate and the price. The tokens are available to you even when they are no longer available on the primary market. - High quality. We prescreen unacceptable ICO applications, and you select the best project by voting. It is really you who are selecting the projects which will be given the ICOBox’s tools. ICOS token is the first product token to be implemented using Ethereum (ERC-20) standard. Its function is similar to a discount card: It’s a tool which allows you to minimize both the cost of buying tokens and the risks associated with it. You control the situation at both stages of the process: during the voting and during the exchange. ICOS token is a key to a private club for token holders who are willing to cooperate with us to transform the ICO market to make it stable and vast. By buying ICOS tokens, you are making a significant contribution to the implementation of hundreds of quality projects — naturally, with a dash of self-interest. We will be happy to welcome you to our ICOS token holder community. https://medium.com/@neotopus/icos-token-how-does-it-work-f2a600fff5daAre you insane?! You think a project will hand over 50BTC (200,000 dollars!!!) for some silly ICObox services, "proved" to be given in poor English?! Then they'll actually pay 200BTC in tokens eventually, because, well... nothing beats the smell of burning money in a big heap. What services do you provide, how many expensive hookers are in your service? How many hookers will each ICO project developer obtain and is the champagne included or do they have to pay for it separately?!
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RsqNinja4501
Newbie
Offline
Activity: 2
Merit: 0
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August 26, 2017, 03:54:07 PM |
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@daylateandadollarshort
There are more details to this than what I posted. I purchased WTT on 6/2 and they only had one ICO open.
Fact of the matter is it is DAY 10 of me requesting a refund and no check, ETA, shipping #.
My WARNING is still valid.
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daylateandadollarshort
Newbie
Offline
Activity: 58
Merit: 0
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August 26, 2017, 11:17:22 PM |
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Fair enough. But I think the warning should be more like, "these guys are slow to give refunds".
I just looked around my "control panel" at cryptonomos and unfortunately I couldn't even find an easy way to send my leftover eth/btc back to my wallet. I agree that this is lame. I should be able to easily send my eth/btc (and preferably also usd) back to myself if I want to, at any time. In my case, I bought as many tokens as I could and now I just have leftover btc/eth in my account. I should have instant access to that. And, maybe I do. But I could not find it. I don't personally think cryptonomos has bad intentions though. I would just say maybe not the best customer service options, in the case.
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Notin2
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August 29, 2017, 11:50:09 AM |
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Is there bounty campaign in this project, looking very different from others.
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ICObox (OP)
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August 29, 2017, 07:34:54 PM |
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ICOS token: how does it work Nick Evdokimov Founder at ICOBox Over the past few days, I’ve received several hundred questions on the function of our ICOS token. To make things easy for everyone I decided to write this post which describes the principles of its operation and the market goals it accomplishes. The token holder’s task is to buy tokens during the time of shortage but as cheaply as possible. And now imagine that the token sale has been completed, the project started working and proved its worth, and you still have the opportunity to travel back in time and buy its tokens even cheaper than at its presale price. The project’s task is to conduct an impeccable ICO with an experienced team, and pay for the services with their own tokens. These are exactly the two tasks that are accomplished using the tool we at ICOBox invented. This tool is our ICOS token, which has the following characteristics: - Unprecedented discount. ICOS token can be swapped for any token issued with our tools at a 75% discount on the new token. This is possible because all funds collected through the ICOS token sale will be used to provide ICO services to new projects without any upfront payment on their part. In exchange, the ICOS platform and its token holders get a preset number of the project’s tokens: for example, if a startup received 50 BTC worth of services, it will repay to the platform 200 BTC worth of its tokens. So we get a ratio of 1:4, and, consequently, a 75% discount. So if you buy $1,000 worth of ICOS tokens, you could exchange them for tokens of other projects worth $4,000. - Minimization of risks. It is critically important that you can exchange your ICOS tokens at any time, whether at the start of the token sale or after its completion, and the timing of the exchange will have no affect on the exchange rate and the price. The tokens are available to you even when they are no longer available on the primary market. - High quality. We prescreen unacceptable ICO applications, and you select the best project by voting. It is really you who are selecting the projects which will be given the ICOBox’s tools. ICOS token is the first product token to be implemented using Ethereum (ERC-20) standard. Its function is similar to a discount card: It’s a tool which allows you to minimize both the cost of buying tokens and the risks associated with it. You control the situation at both stages of the process: during the voting and during the exchange. ICOS token is a key to a private club for token holders who are willing to cooperate with us to transform the ICO market to make it stable and vast. By buying ICOS tokens, you are making a significant contribution to the implementation of hundreds of quality projects — naturally, with a dash of self-interest. We will be happy to welcome you to our ICOS token holder community. https://medium.com/@neotopus/icos-token-how-does-it-work-f2a600fff5daAre you insane?! You think a project will hand over 50BTC (200,000 dollars!!!) for some silly ICObox services, "proved" to be given in poor English?! Then they'll actually pay 200BTC in tokens eventually, because, well... nothing beats the smell of burning money in a big heap. What services do you provide, how many expensive hookers are in your service? How many hookers will each ICO project developer obtain and is the champagne included or do they have to pay for it separately?! Right now we have 15+ projects in work. All our services you can see here:https://icos.icobox.io/#pricing
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ICObox (OP)
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August 29, 2017, 07:36:21 PM |
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@daylateandadollarshort
There are more details to this than what I posted. I purchased WTT on 6/2 and they only had one ICO open.
Fact of the matter is it is DAY 10 of me requesting a refund and no check, ETA, shipping #.
My WARNING is still valid.
Write them again. They will do refund as soon as possible.
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ICObox (OP)
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August 29, 2017, 07:36:57 PM |
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ICObox (OP)
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August 29, 2017, 07:37:38 PM |
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Is there bounty campaign in this project, looking very different from others.
Trere is no bount:( Only referral.
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ICObox (OP)
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August 30, 2017, 01:16:05 AM |
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MBworld
Member
Offline
Activity: 98
Merit: 10
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August 30, 2017, 01:50:51 AM |
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If needed Hindi translation .. PM me
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123ltg
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August 30, 2017, 04:40:57 PM |
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75678bed6f9ef5ee872a8222b171e23e
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cheeseburgerparade
Newbie
Offline
Activity: 32
Merit: 0
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September 01, 2017, 08:56:22 PM |
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Another day, another scam project is started. Lot's of fancy promises on top of site, but the disclaimer in the footer says it all: Nothing provided herein shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This web site is not created in accordance with, and is not subject to, laws or regulations of any jurisdiction which are designed to protect investors.
An information provided herein does not constitute an offer, solicitation or sale of the ICOS tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. Some restrictions on purchase of ICOS tokens may apply. Please check with your legal adviser. Certain statements and estimates contained herein constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements.
The exchange rate and a discount are not guaranteed and may vary for different purchasers depending on the price of purchased ICOS tokens, the total number of ICOS tokens sold, and other factors. Exchangeability of ICOS tokens is subject to the availability of other projects' tokens. You realize this is standard language for literally every investment ever, right? https://en.wikipedia.org/wiki/Forward-looking_statement
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agng27
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September 02, 2017, 05:00:18 PM |
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good project i very interesting,,,,,why i cant fine bounty for this program
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ICObox (OP)
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September 04, 2017, 08:16:47 PM |
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someone111
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September 04, 2017, 10:22:36 PM |
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Why do you think you can successfully run ICOs for third parties?
Do you have previous experience doing ICOs for third parties like tokenmarket?
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