contraband
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October 03, 2017, 07:55:58 AM |
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The fact that they're honoring the 40% is amazing, that's the sort of thing that lets you know this isn't a scam. It's a legitimate project, most token sales wouldn't do such a thing for their users.
Very professional!
I agree with you. Never seen such a commitment like this before on ICO. All the respect for the team. There are some good teams out there. It's not like there are no other good teams, but this one is definitely a good one! Yes, they immediately resolved the issue and pretty happy with their response and mitigating action for future contribution periods. I will very likely continue to buy more coins. Also, I would like to point out one stark distinction about this ICO in that they are not giving themselves any coins (correct if I am wrong- as I didn't see anything in the whitepaper regarding this point). One aspect of current ICOs that is extremely pissing me off is that many are not only collecting funds from the coin/token sales, but they are also allocating close to 50% of the coins to themselves as well which translates into extreme greed and the centralization of the coins - which allows for massive dumps by them. Case in point is Blackmoon Crypto. If you have a very strong and honest and transparent team, I would even want that team to hold a good bag of coins because their motives are more aligned with those of the investors. But I agree with you, something like 50% or so really sucks. And it sucks even more if a team does not constantly deliver then and the price keeps dropping. I like how much this team is keeping, ZERO COINS for themselves. What this team has invested that will motivate them, is all of their own money spent on the project.
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dave111223
Legendary
Offline
Activity: 1190
Merit: 1001
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October 03, 2017, 11:12:34 AM |
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How much has been collected as of now?
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c0py
Newbie
Offline
Activity: 20
Merit: 0
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October 03, 2017, 11:32:47 AM |
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How much has been collected as of now?
REGISTERED 30,305 BTC RAISED 710.13822196999 ETH RAISED 9706.0699302401
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trademaniac
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October 03, 2017, 12:29:28 PM |
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ETN absolutely need to be on serious exchange like Bittrex on release. Do it team !
soon it will be listed on big exchanges specially Bittrex. That would be great info. Personally I would like Kraken and Poloniex
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marketone
Legendary
Offline
Activity: 1302
Merit: 1000
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October 03, 2017, 12:37:01 PM |
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How much has been collected as of now?
REGISTERED 30,305 BTC RAISED 710.13822196999 ETH RAISED 9706.0699302401 Wonderful to know about the current progress about the ICO because the ICO will run up to OCT 31st. Still, they have plenty of time to collect more money in the ICO. Did they release the app how to mine through mobile by using the Electroneum APP? At least they need to give some specific guide to the investors.
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trademaniac
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October 03, 2017, 12:39:12 PM |
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The fact that they're honoring the 40% is amazing, that's the sort of thing that lets you know this isn't a scam. It's a legitimate project, most token sales wouldn't do such a thing for their users.
Very professional!
I agree with you. Never seen such a commitment like this before on ICO. All the respect for the team. There are some good teams out there. It's not like there are no other good teams, but this one is definitely a good one! Yes, they immediately resolved the issue and pretty happy with their response and mitigating action for future contribution periods. I will very likely continue to buy more coins. Also, I would like to point out one stark distinction about this ICO in that they are not giving themselves any coins (correct if I am wrong- as I didn't see anything in the whitepaper regarding this point). One aspect of current ICOs that is extremely pissing me off is that many are not only collecting funds from the coin/token sales, but they are also allocating close to 50% of the coins to themselves as well which translates into extreme greed and the centralization of the coins - which allows for massive dumps by them. Case in point is Blackmoon Crypto. If you have a very strong and honest and transparent team, I would even want that team to hold a good bag of coins because their motives are more aligned with those of the investors. But I agree with you, something like 50% or so really sucks. And it sucks even more if a team does not constantly deliver then and the price keeps dropping. I like how much this team is keeping, ZERO COINS for themselves. What this team has invested that will motivate them, is all of their own money spent on the project. I also have to say in the superlatives themselves. The band is exemplary and very well managed by Richard. A small "faux pas" was a bounty manager, but it can be forgotten. Good luck
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Imikocha
Member
Offline
Activity: 70
Merit: 10
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October 03, 2017, 01:18:11 PM |
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The fact that they're honoring the 40% is amazing, that's the sort of thing that lets you know this isn't a scam. It's a legitimate project, most token sales wouldn't do such a thing for their users.
Very professional!
I agree with you. Never seen such a commitment like this before on ICO. All the respect for the team. There are some good teams out there. It's not like there are no other good teams, but this one is definitely a good one! Yes, they immediately resolved the issue and pretty happy with their response and mitigating action for future contribution periods. I will very likely continue to buy more coins. Also, I would like to point out one stark distinction about this ICO in that they are not giving themselves any coins (correct if I am wrong- as I didn't see anything in the whitepaper regarding this point). One aspect of current ICOs that is extremely pissing me off is that many are not only collecting funds from the coin/token sales, but they are also allocating close to 50% of the coins to themselves as well which translates into extreme greed and the centralization of the coins - which allows for massive dumps by them. Case in point is Blackmoon Crypto. If you have a very strong and honest and transparent team, I would even want that team to hold a good bag of coins because their motives are more aligned with those of the investors. But I agree with you, something like 50% or so really sucks. And it sucks even more if a team does not constantly deliver then and the price keeps dropping. I like how much this team is keeping, ZERO COINS for themselves. What this team has invested that will motivate them, is all of their own money spent on the project. They will get 20 million coins for the devs though.
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maynasheer
Newbie
Offline
Activity: 14
Merit: 0
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October 03, 2017, 02:29:06 PM |
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is there a max supply of coins. if not, then staking for returns creates more coins, lowering the price per coin if the market cap doesnt increase, because more coins are added to the pool?
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tzegian
Full Member
Offline
Activity: 265
Merit: 101
Founder of Greepto.gr & CryptoAnalogy
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October 03, 2017, 03:09:58 PM |
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is there a max supply of coins. if not, then staking for returns creates more coins, lowering the price per coin if the market cap doesnt increase, because more coins are added to the pool?
21 billion is the total coin supply afaik.
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404Revolution
Full Member
Offline
Activity: 252
Merit: 107
Not Found
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October 03, 2017, 03:24:40 PM |
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20 million out of 800 million is nothing.
My big concern right now, I hope coin market cap doesn't list whatever excess coins arent sold in ico (that will be locked for mining) as part of coins in circulation. This will affect trader psychology. If they see 6 billion vs 1 billion they will have lower price targets and expect more available supply to change the market.
Coinmarketcap should list only the coins that were distributed in the ico and mined after release even if the excess of the 6 billion are technically generated but locked for the bonus mining feature.
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contraband
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October 03, 2017, 08:31:24 PM |
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20 million out of 800 million is nothing.
My big concern right now, I hope coin market cap doesn't list whatever excess coins arent sold in ico (that will be locked for mining) as part of coins in circulation. This will affect trader psychology. If they see 6 billion vs 1 billion they will have lower price targets and expect more available supply to change the market.
Coinmarketcap should list only the coins that were distributed in the ico and mined after release even if the excess of the 6 billion are technically generated but locked for the bonus mining feature.
That is the Billion dollar question. But also, remember that even though others may make the mistake of calculating MC incorrectly, those who know the correct answer now have an advantage. I share your curiosity as to what decision CMC will make. It will be interesting to watch.
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Cryptomockingbird
Newbie
Offline
Activity: 29
Merit: 0
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October 03, 2017, 09:06:00 PM |
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Hi guys, looks sweety Could you please tell what is your main difference from Crypterium and TenX?
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AdamPA1006
Newbie
Offline
Activity: 4
Merit: 0
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October 04, 2017, 03:47:47 AM |
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Anyone else having trouble with the App? It's not doing Facebook login any more. It was working right up until I bought some coins.
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peterlustig
Sr. Member
Offline
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
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October 04, 2017, 04:30:55 AM |
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I just downloaded the app on my android device, but when i am starting the app, it keeps telling me to update the app even though play store is not showing any new update for the app.
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cmanel
Newbie
Offline
Activity: 23
Merit: 0
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October 04, 2017, 04:54:10 AM |
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Facebook login is down again. Is is possible to change from Facebook login to standard mail login?
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pokehero
Newbie
Offline
Activity: 26
Merit: 0
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October 04, 2017, 05:07:26 AM |
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Facebook login is down again. Is is possible to change from Facebook login to standard mail login? I had this problem when it was down the first time. I just clicked the "Forgot password" option and went through the roundabouts to put a password for my Facebook e-mail. You can also message the support team to change your e-mail too, providing you e-mail them with your electroneum e-mail.
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harvw
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October 04, 2017, 08:32:56 AM |
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Apologies guys, these questions have probably been asked 50 times already but please respond if you have the answers:
Is the total supply of coins 21 billion coins?
If so, then why are only 6.3 billion coins available during the ICO?
What will happen to coins that remain unsold during the ICO phase?
Is there a plan to list the coin on exchanges right after the ICO? If so, then why since the ultimate purpose I guess is to encourage actual use of the coins and not speculation...
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The beginning of a new era.
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vanillagalaxy
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October 04, 2017, 08:37:38 AM |
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Apologies guys, these questions have probably been asked 50 times already but please respond if you have the answers:
Is the total supply of coins 21 billion coins?
If so, then why are only 6.3 billion coins available during the ICO?
What will happen to coins that remain unsold during the ICO phase?
Is there a plan to list the coin on exchanges right after the ICO? If so, then why since the ultimate purpose I guess is to encourage actual use of the coins and not speculation...
https://bitcointalk.org/index.php?topic=2065043.msg22078268#msg22078268
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harvw
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October 04, 2017, 09:06:11 AM |
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Apologies guys, these questions have probably been asked 50 times already but please respond if you have the answers:
Is the total supply of coins 21 billion coins?
If so, then why are only 6.3 billion coins available during the ICO?
What will happen to coins that remain unsold during the ICO phase?
Is there a plan to list the coin on exchanges right after the ICO? If so, then why since the ultimate purpose I guess is to encourage actual use of the coins and not speculation...
https://bitcointalk.org/index.php?topic=2065043.msg22078268#msg22078268Thanks for this but is there a plan to list the coin on exchanges right after the ICO?
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The beginning of a new era.
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Bouli
Full Member
Offline
Activity: 616
Merit: 104
https://t.me/Zenzo_Telegram
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October 04, 2017, 09:09:43 AM |
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I can't wait to see the mass adoption and make this a world wide coin ! probably many people will sell in the beginning, i don't mind i will hold (probably forever)
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