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Author Topic: Waves for pre-ICO -> Ethereum for ICO?  (Read 1023 times)
af-af (OP)
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August 12, 2017, 10:11:33 PM
 #1

Hey guys,
I and my team are planning to launch a pre-ICO and ICO after that. I know that most ICOs these days are held on Ethereum, but we do not have resources to code or pay for coding a  smart-contract. So I was thinking about launching pre-ICO at Waves, because it doesn't need smart contract development; we could just issue tokens and sell them at Waves DEX exchange.
And once we get some funding during pre-ICO, we can hire a coder to code a smart contract and hold actual ICO at Ethereum. What do you think about it? Or will it it better to hold both pre-ICO and ICO at Waves in this case?

Thanks in advance.
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August 12, 2017, 10:51:36 PM
 #2

I think you should use only one of platforms.
In this way, after ICO, there will be two kinds of tokens. One in ethereum platform and another one in waves platform. It will be confusing.
Waves is a good platform. In my opinion use that for both pre-ICO and ICO. There will be no problem.
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August 12, 2017, 11:02:17 PM
 #3

Hey guys,
I and my team are planning to launch a pre-ICO and ICO after that. I know that most ICOs these days are held on Ethereum, but we do not have resources to code or pay for coding a  smart-contract. So I was thinking about launching pre-ICO at Waves, because it doesn't need smart contract development; we could just issue tokens and sell them at Waves DEX exchange.
And once we get some funding during pre-ICO, we can hire a coder to code a smart contract and hold actual ICO at Ethereum. What do you think about it? Or will it it better to hold both pre-ICO and ICO at Waves in this case?

Thanks in advance.
Too many the project based on the ethereum platform, you must try to make the different that it just try to use another platform of ethereum such as waves. that will be a good choice for you. Just try to hold both of the pre-ico and ico in waves.

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af-af (OP)
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August 13, 2017, 07:06:47 AM
 #4

I think you should use only one of platforms.
In this way, after ICO, there will be two kinds of tokens. One in ethereum platform and another one in waves platform. It will be confusing.
Waves is a good platform. In my opinion use that for both pre-ICO and ICO. There will be no problem.

Thank you. Actually I was thinking about exchanging Waves-based tokens to Ethereum-based tokens afterwards. Not sure that it can be done transparently for all the participants though.
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August 13, 2017, 07:12:09 AM
 #5

No more ICO's please.  Tongue

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af-af (OP)
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August 13, 2017, 07:18:13 AM
 #6


Too many the project based on the ethereum platform, you must try to make the different that it just try to use another platform of ethereum such as waves. that will be a good choice for you. Just try to hold both of the pre-ico and ico in waves.

Thanks. I get it that it is better to hold to one platform during pre-ICO and ICO. My only concern is that Ethereum seems now to be an industry standard. But Waves is sooo much easier to issue and sell tokens.
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August 13, 2017, 07:19:34 AM
 #7

Hey guys,
I and my team are planning to launch a pre-ICO and ICO after that. I know that most ICOs these days are held on Ethereum, but we do not have resources to code or pay for coding a  smart-contract. So I was thinking about launching pre-ICO at Waves, because it doesn't need smart contract development; we could just issue tokens and sell them at Waves DEX exchange.
And once we get some funding during pre-ICO, we can hire a coder to code a smart contract and hold actual ICO at Ethereum. What do you think about it? Or will it it better to hold both pre-ICO and ICO at Waves in this case?

Thanks in advance.
You can launch an Ico but using only one platform because if you launch and it is two platform you will have a problem on it .I think you and your Team is not capable to run an Ico for now , you haven't not enough knowledge about platforms and you need a capital not only to launch and start all your funds in the investors.

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August 13, 2017, 07:43:14 AM
 #8

No more ICO's please.  Tongue

I understand that there too many ICOs now and a good portion of them are scam or projects that will never be built. On the contrary, we have a product built, up and running, but we need funds to develop it further and promote. And that is a product that people need. I am saying that not because I have launched it, but because I have access to analytics and I know usage statistics. Holding ICO is probably the most efficient way for us to get the funds for product development and we believe that early investors will have a chance to return their money back and earn on that.
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August 13, 2017, 08:19:26 AM
 #9


You can launch an Ico but using only one platform because if you launch and it is two platform you will have a problem on it .I think you and your Team is not capable to run an Ico for now , you haven't not enough knowledge about platforms and you need a capital not only to launch and start all your funds in the investors.

Actually there were ICOs held at two platforms simultaneously. I can remember now of Encryptotel, but there definitely were more of them.

But that is not what I am talking about. I am talking about holding pre-ICO at Waves because it does not require any technical knowledge and coding. And after pre-ICO switch to Ethereum and exchange the tokens from one blockchain to another. Thus, ICO won't be held at two platforms.

As for the comment, that we are not capable of running ICO now, well, probably that is right. That is why we want to hold pre-ICO first and invest the funds raised in ICO, hire a Solidity coder and technical advisors. As for the marketing of ICO, we are able to do that - we have a HUGE experience in that.
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August 13, 2017, 08:27:25 AM
 #10

You could make a crowdfounding instead, if you don't want to deal with Ethereum or smartcontracts, if you don't have the resources now.

 
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August 13, 2017, 08:44:22 AM
 #11

I don't see a reason why that would not work. Of course it would sound weird to many investors, but all it will depend how you tell your story I guess.

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August 13, 2017, 09:09:37 AM
 #12

You could make a crowdfounding instead, if you don't want to deal with Ethereum or smartcontracts, if you don't have the resources now.

That's right and I honestly consider ICO to be ALSO a form of crowdfunding without the limitations, fees and other barriers traditional crowdfunding has. For example, I am not allowed to run a campaign at Kickstarter as I am not a resident of the right country Smiley And I also believe that traditional crowdfunding is dead - ICO in some form should replace it as a more transparent and liberal mechanism. Waves platform seems to be a tool for guys like us. Concern is that Ethereum is just more wide spread.
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August 13, 2017, 09:17:14 AM
 #13

I think you should use only one of platforms.
In this way, after ICO, there will be two kinds of tokens. One in ethereum platform and another one in waves platform. It will be confusing.
Waves is a good platform. In my opinion use that for both pre-ICO and ICO. There will be no problem.
YOu are right,

Hi guys( The TS), what's your idea, do you want to take people money in you wallet. I think you look so greedy with your project. You seem to make on your own profit. Don't you think after sales, That coin holders need to get profit, not you to earn the profit. ICO make investors interesteed because the coin is worthy after ICo. If the coin useless what' for their invest. First you create token with waves with only 2-3 dollars then make million dollars. What do you think of that business? after that you make coin with eth platform. What do investor do after finished the first project. The waves coin you created will be worthless. That's not fair in business and investment plan.
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August 13, 2017, 09:35:32 AM
 #14



Hi guys( The TS), what's your idea, do you want to take people money in you wallet. I think you look so greedy with your project. You seem to make on your own profit. Don't you think after sales, That coin holders need to get profit, not you to earn the profit. ICO make investors interesteed because the coin is worthy after ICo. If the coin useless what' for their invest. First you create token with waves with only 2-3 dollars then make million dollars. What do you think of that business? after that you make coin with eth platform. What do investor do after finished the first project. The waves coin you created will be worthless. That's not fair in business and investment plan.

What do you mean by saying that we are greedy? Sure, we will do our best to make our tokens worthy after ICO. Our tokens are going to be an internal currency for our product, which will give benefits to token holders (discounts, privileges, etc.). Of course we will do our best to make a successful product and in this case tokens will for sure be worthy since there will be a limited supply of them. You can check our project here http://tokport.io/

As for the waves and ethereum, as I have already said, the idea was to exchange waves-based tokens to ethereum-based tokens. And of course we will give benefits to the holders of waves-based tokens as early supporters and exchange them in like 1:1.5 or 1:2 ratio (waves:ethereum).

But thanks, I already see that it is too confusing and probably we should stick to one platform. I believe that should be Waves in our case.
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August 13, 2017, 09:41:21 AM
 #15

launch only in one platform, if you able or if you planning to launch your Pre ICO and ICO in different platform you will confuse your participant also you will be having issues on the token. by the way y=if have knowledge analytically and have some team to work on but dont have enough funds. i think it is better to take an advise to any expert or try to talk to different investor show your vision and mission and  how the project will get to start and their benefits after the project before launch ICO. because as we all know most of ICO right now are not in good image. dont let your project be one of some ICO that go down , if your team are truly and serious about your project.

Best Regard to your Team,Dev and to the Project!

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August 13, 2017, 09:47:34 AM
 #16

I don't see a reason why that would not work. Of course it would sound weird to many investors, but all it will depend how you tell your story I guess.

Thanks, it already seems to be weird for most people here Smiley
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August 13, 2017, 09:48:10 AM
 #17

If you need to ask this here in public before launching your ICO,,, I would say it is better if you don't even try to do it. You should know first of all what is the value your chosen platform will bring to your project and how it would work out. Otherwise it is simply a token for the sake of a token. No real crypto value, no blockchain tech, another meaningless ICO.

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August 13, 2017, 09:56:35 AM
 #18

Waves platform is just a design over of Ethereum platform for the sole purpose of easing the ICO process. There are everything pre-designed and you would need almost nothing to start any ICO.

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August 13, 2017, 10:00:15 AM
 #19

launch only in one platform, if you able or if you planning to launch your Pre ICO and ICO in different platform you will confuse your participant also you will be having issues on the token. by the way y=if have knowledge analytically and have some team to work on but dont have enough funds. i think it is better to take an advise to any expert or try to talk to different investor show your vision and mission and  how the project will get to start and their benefits after the project before launch ICO. because as we all know most of ICO right now are not in good image. dont let your project be one of some ICO that go down , if your team are truly and serious about your project.

Best Regard to your Team,Dev and to the Project!

Thanks for that!

Yes, I already see that it is confusing, so we will stick to one platform, although there were projects that ran successful ICOs at two of them simultaneously.
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August 13, 2017, 10:15:42 AM
 #20

If you need to ask this here in public before launching your ICO,,, I would say it is better if you don't even try to do it. You should know first of all what is the value your chosen platform will bring to your project and how it would work out. Otherwise it is simply a token for the sake of a token. No real crypto value, no blockchain tech, another meaningless ICO.

Thanks for your input, I appreciate any and I mean that. First of all, I believe anybody should always try no matter what, so we will do this Smiley
Second, I know the difference between Waves and Ethereum very well, as well as the advantages and disadvantages of both of them. But the question was how confusing it would be to hold pre-ICO on one blockchain and ICO on another. It seems I have an answer now Smiley

And of course I cannot agree with you on the meaningless ICO. We are building a product that would be better than greedy existing ones. We want to give people all over the world who cannot afford traveling the possibility to practice foreign languages easily and free/cheap. And we also want to give common people the possibility to earn money by providing such practice without greedy platforms and payment gateways robbing a good portion of money they earn. And what is important - we already do this.

Thus, if ICO helps us improve the product and spread the word about it, I won't consider this ICO meaningless. And when the product is successful, investors will be able to earn because the token will be an integral part of the product and there will be demand for it due to its limited supply.
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