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Author Topic: [Ann][ICO Complete!!] Loopring -- Decentralised Exchange and Open Protocol  (Read 29793 times)
eastwind_ja
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September 08, 2017, 01:08:49 PM
 #61

this project  has  good  vision before china  closed  ICO  markets ,  but many ppl still think this project will last long and  be traded on  international exchanges . hope this can be true 

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September 08, 2017, 01:23:26 PM
 #62

why do you need so many tokens? burn half. let investors rejoice.
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September 09, 2017, 09:30:02 AM
 #63

why do you need so many tokens? burn half. let investors rejoice.

2.  How we will deal with the refunded LRC tokens?

50% of LRC tokens will be destroyed on the blockchain, and the other 50% will be used for the long-term incentive plan.
By strictly following the national regulatory policies, we believe the development of blockchain technology will be healthier in the long term.

Thank you!

Loopring Foundation
2017/09/08

https://binance.zendesk.com/hc/en-us/articles/115001484652
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September 12, 2017, 09:36:09 AM
 #64

why do you need so many tokens? burn half. let investors rejoice.

2.  How we will deal with the refunded LRC tokens?

50% of LRC tokens will be destroyed on the blockchain, and the other 50% will be used for the long-term incentive plan.
By strictly following the national regulatory policies, we believe the development of blockchain technology will be healthier in the long term.

Thank you!

Loopring Foundation
2017/09/08

https://binance.zendesk.com/hc/en-us/articles/115001484652


Presumably we are are able to hold (keep) our LRC tokens if we wish to? Surely they do not intend to burn tokens that are not returned to them?


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Black Mamba
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September 12, 2017, 01:24:48 PM
 #65

why do you need so many tokens? burn half. let investors rejoice.

2.  How we will deal with the refunded LRC tokens?

50% of LRC tokens will be destroyed on the blockchain, and the other 50% will be used for the long-term incentive plan.
By strictly following the national regulatory policies, we believe the development of blockchain technology will be healthier in the long term.

Thank you!

Loopring Foundation
2017/09/08

https://binance.zendesk.com/hc/en-us/articles/115001484652


Presumably we are are able to hold (keep) our LRC tokens if we wish to? Surely they do not intend to burn tokens that are not returned to them?




Ive been holding my tokens on my ether wallet.

Google erc 20 tokens  Wink
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September 13, 2017, 02:21:31 AM
 #66

Any idea when the coin will be allowed back on to Binance?
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September 13, 2017, 04:07:58 PM
 #67

Any idea when the coin will be allowed back on to Binance?


https://twitter.com/loopringorg/status/907988013610921985

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September 15, 2017, 06:05:19 PM
 #68

I am watching you Loopring. When new exchange will be added like Bittrex? There is more media buzz needed for this project. More eyeballs is always good.

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MINES
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──── ─── ─
lofegs
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September 15, 2017, 07:40:18 PM
 #69

I am watching you Loopring. When new exchange will be added like Bittrex? There is more media buzz needed for this project. More eyeballs is always good.

Bittrex hasn't been so generous to add new tokens lately.
Hope it'll change soon.

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September 21, 2017, 12:35:53 AM
 #70

why do you need so many tokens? burn half. let investors rejoice.

2.  How we will deal with the refunded LRC tokens?

50% of LRC tokens will be destroyed on the blockchain, and the other 50% will be used for the long-term incentive plan.
By strictly following the national regulatory policies, we believe the development of blockchain technology will be healthier in the long term.

Thank you!

Loopring Foundation
2017/09/08

https://binance.zendesk.com/hc/en-us/articles/115001484652


Presumably we are are able to hold (keep) our LRC tokens if we wish to? Surely they do not intend to burn tokens that are not returned to them?




Ive been holding my tokens on my ether wallet.

Google erc 20 tokens  Wink

It's too bad that Binance is no longer going to trade LRC. I'm holding mine in my ether wallet as well. I have tremendous faith in LRC and I see a bright future ahead for it. In my opinion, China will reverse its stance before the end of the year. When that happens, LRC is going to the moon!!!!  Cheesy

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September 22, 2017, 07:20:58 AM
 #71

Loopring is ICOing now.

"Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future."

https://loopring.org


Token sale starts from block#4104040, ends in block#4256540.
Last 30 days (152500 blocks) with 10 3-day (15250 blocks) phases;
Each phase has a different bonus setting to reward early participants;



How to Participate
Participate on our partner's website imToken, ICO365, ICORace, TokenCapital, and AIMWise;

Or sender Ether from your wallet directly to our token sale smart-contract address below. Noted:

1. Please verify that https://etherscan.io/address/lrcsale.eth points to the same address - otherwise one of the two websites might have been hacked;
2. Do NOT withdraw Ether from any exchange directly to our token sale address, you will lose your LRC. There is nothing we can do for you;
3. Please set gas value to at least 90000;
4. Our smart-contract only accepts transactions with a minimum value of 0.01ETH;
5. LRC will be issued and transfered to the source address immediately, there is no lockdown period;
6. Do not make any LRC transfer to accounts you don't control until Sept. 2nd - you may lose LRC that will be issued later on other blockchain;
7. You confirm that you are not a US or Singapore citizen/resident;
8. You can check your LRC balance with the tool below.


Address
0xEF68e7C694F40c8202821eDF525dE3782458639f





Rules
Loopring Token (aka Loopring Coin or LRC) is a ERC20-compatible token issued using our smart contract (The smart contract) on Ethereum.

The smart contract will issue LRC immediately after receiving ETH payment to the sourcing address. DO NOT withdraw ETH from exhanges directly to the smart contract. You may lose part of all your LRC, for which we shall not be held responsible nor provide any technical support. LRC has no vesting period.

The remaining unsold token allocation will be issued within one week after token sale using the same smart contract. A detailed layout based on different fundraising scenarios can be found in below. Loopring development team believes that a capped fundraiser will promote a widespread distribution of the tokens, a necessary prerequisite to launching a robust network.
Token Sale Distribution Ends in 30 days, Hardcap is 120,000 ETH, Softcap is 50,000ETH; All the tokens will be refunded within one week (minus some gas cost) if the project fail, the last transaction may cause the final sale slightly over 120,000 ETH.

The fundraiser will last for a period of 152500 blocks (about 30 days). Throughout this period, a contribution of one ether will lead to an allocation of five-thousand LRC plus a time dependent bonus. This bonus is meant to incentivize contributors not ot delay their participation. The bonus starts at 20%, meaning that a contribution of 1 LRC yield an allocation of 5000*(1+20%)=6000 LRC and decrease progressively to 0% over 10 periods(20%, 16%, 14%, 12%, 10%, 8%, 6%, 4%, 2%, 0%).

50000~60000 ETH(inc.) 32.5% LRC will be sold through Token Sale
60000~70000 ETH (inc.) 35% LRC will be sold through Token Sale
70000~80000 ETH (inc.) 37.5% LRC will be sold through Token Sale
80000~90000 ETH(inc.) 40% LRC will be sold through Token Sale
90000~100000 ETH(inc.) 42.5% LRC will be sold through Token Sale
100000~110000 ETH(inc.) 45% LRC will be sold through Token Sale
110000~120000 ETH(inc.) 47.5% LRC will be sold through Token Sale
12000 to above 50% LRC will be sold through Token Sale

The Loopring Foundation will manage the contributions according to its purpose. Initially, the Foundation will budget for 4 years. The Foundation will have the discretion to pay for service it believes will benefit the promotion of the Loopting protocol, either in tokens or another currency. The remaining 40% unsold tokens will be distributed to the team will vest in a period of 4 years. Additionally, 60% rest will pay for research, legal service, business development,communications and marketing.

When implemented on other public blockchain(eg, EOS, Qtum), alt-LRC tokens will also be issued proportionally to the addresses that participated in this original Token Sale - as long as the singing algorithm is also ECDSA (with 5% fee); otherwise, Loopring foundation reserves the right to issue alt-LRC tokens on other blockchain in a different way.

Token Sale Smart contract opened code.

Open source code is available on github:https://github.com/Loopring/ico


Have 50% of the coins already been destroyed?

What is your road map ??


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🔥 🔥»📝 BTC 💬
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September 23, 2017, 08:15:56 AM
 #72

where to trade LRC

It is listed in HitBTC now.
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September 23, 2017, 08:24:23 AM
 #73

Hope you can be listed on western exchange to avoid Chinese ban.
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September 24, 2017, 11:02:17 PM
 #74

what official telegram?
ScoreB
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October 01, 2017, 02:47:50 PM
 #75

Interesting concept.. Hope LRC tokens will become available on Bittrex, would be ready to buy instantly.
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October 01, 2017, 04:38:57 PM
 #76

interesting white papers and good looking dev team. I am in and bought in the rise. So i hope to see some plans (and roadmap ?) soon.
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October 01, 2017, 05:00:57 PM
 #77

Did the coin moon yet or just another ICO and run ?
buyingcoins
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October 02, 2017, 11:45:55 AM
 #78

Here's a step by step guide to buying and storing Loopring: https://getcrypto.info/loopring/
snowyNNN
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October 04, 2017, 11:41:29 PM
 #79


Nice project. Decentralized exchange-protocols are the future.

Loopring seems to have mining enabled in the future, february 2018 according to the roadmap.

And next month it is said that they launch smartcontracts..


Probably more goodies for this coin to come.

█▀▀▄░▄▀▀▄░▄▀▀▀░█░░░  Xmr Sc Pasc Rlc Zen           ✦       (\__/)       ✦
█▀▀░░█▀▀█░░▀▀▄░█░░░  Zcl Kmd Ltc Rep Dash                  (='.'=) 
█░░░░█░░█░███▀░███░ Pasl [Xci-r.i.p.] Eth Btc             ✦   (")_(")  ✦           ▲▼ Anonymous ▲▼ Community Driven     XULT.com
ximo
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October 05, 2017, 06:21:25 AM
 #80

Nice price, I will invest a little.
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