[ANN] | GET Protocol | GUTS.tickets | Live Product

[brobbel]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

Simple, you could only buy for 6 ETH per person.

[kasper-guts]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

The short answer the sale was capped at 6 ETH per registered contributor, this as to ensure we had a broad base of GET holders towards the general sale. For the long answer, I would refer you to what I wrote on this subject on our blog https://blog.guts.tickets and in particular in this article of our blog: https://blog.guts.tickets/reflecting-on-the-pre-sale-its-on-d08609239e37 .

[kasper-guts]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

Simple, you could only buy for 6 ETH per person.

Correct! 

[Buerra]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

The short answer the sale was capped at 6 ETH per registered contributor, this as to ensure we had a broad base of GET holders towards the general sale. For the long answer, I would refer you to what I wrote on this subject on our blog https://blog.guts.tickets and in particular in this article of our blog: https://blog.guts.tickets/reflecting-on-the-pre-sale-its-on-d08609239e37 .

What about tier 1 to 4? What will be the cap for person? Hopefully it will not be as low as pre ico. we need big investors too.

[slaman29]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

Why the rush? There should be a gap between pre-ICO and main crowdsale. The idea of a presale is to 1) evaluate interest through sales 2) make people aware of the project and main ICO 3) reward early supporters and 4) give the project time to use funds from presale to market and fund bounty campaigns for the project.

If it didn't do so well already in the presale, this in fact makes a stronger case to extend the timeframe for the mainsale, or you end up with too little funding and many supporters with too high expectations.

[nesso]

I don't see a rush here, they collected good money in pre-ICO. They can start ICO right away!
I believe it will be very fast. A lot of us are waiting patiently for the ICO.

[pigheadbig]

November 15th ico will start. If It didnt hit hardcap when it will be finish? As i understand tier 1to4 there is no date when tier1 finish tier2 starts directly. Am i right?

I think you are right, also, I think this ANN thread is not so clear that the reader can see the ICO details directly, two many introductions.

[ArtisLife]

I wish it will make hardcap faster. We won't wait for 14 days, people will buy this token very fast.
This is one of the most important projects coming out this year. Investors are ready to put some money.

But why pre-sales tier not sold out in the first day? I feel that Guts ads other than signatures are never seen.

Why the rush? There should be a gap between pre-ICO and main crowdsale. The idea of a presale is to 1) evaluate interest through sales 2) make people aware of the project and main ICO 3) reward early supporters and 4) give the project time to use funds from presale to market and fund bounty campaigns for the project.

If it didn't do so well already in the presale, this in fact makes a stronger case to extend the timeframe for the mainsale, or you end up with too little funding and many supporters with too high expectations.

14 days is very small gap between pre-ICO and ICO.
If you are confident that you will find more supporters soon, why not.
But better to see what the team could with pre-ICO funds. Good results - more supporters.

[go93]

When will it be possible to transfer the tokens from My Ether Wallet to, for example, Coinomi?

[xaviernicolau]

When will it be possible to transfer the tokens from My Ether Wallet to, for example, Coinomi?

The GET token will be transferable 3 weeks after the ICO!

[needmoney]

Hey everyone! We have an announcement to make.

We decided to add 2 additional weeks to our ICO. That means the ICO will end on 13th of December rather than 29th of November.

The tokens will still be transferable on 20th of December so no change on that.

Here is the related announcement: https://blog.guts.tickets/15-11-is-on-about-the-bitcoin-fork-scare-banner-promotion-and-change-of-the-ico-sale-duration-afd41297f15e

[oturanbilboa]

That's bad news. We expect ICO to make hardcap in first few days, the more ICO phase the worse the situation goes for previous examples. I hope this won't affect the money raised for GUTS.

[cabsav]

That's bad news. We expect ICO to make hardcap in first few days, the more ICO phase the worse the situation goes for previous examples. I hope this won't affect the money raised for GUTS.

It depends also ether limits. I hope limits will be high. Whales cannot attend ico if it will be like 30-50 ether.

[oturanbilboa]

It depends also ether limits. I hope limits will be high. Whales cannot attend ico if it will be like 30-50 ether.

ICO should have no limits. It's not pre-ICO, everybody can invest. There is plenty of tokens for sale.

[SpringfieldM1A]

I am very curious how this recycling contract will work. This is an important criterion to keep the project standing after iCod. If it works without any problems, we can say that they have already earned all the investors. This situation will affect the token price positively after the ico ... An ICO success can be measured with the interest that after enter the market. ICO is not only the amount of money collected ... I think that this project will present a beautiful picture in this sense.

[capcaypro]

I am very curious how this recycling contract will work. This is an important criterion to keep the project standing after iCod. If it works without any problems, we can say that they have already earned all the investors. This situation will affect the token price positively after the ico ... An ICO success can be measured with the interest that after enter the market. ICO is not only the amount of money collected ... I think that this project will present a beautiful picture in this sense.

good think
I have the same thoughts with you ''  ICO is not only the amount of money collected ''
with concepts and planning I'm sure they will get good results

[kasper-guts]

That's bad news. We expect ICO to make hardcap in first few days, the more ICO phase the worse the situation goes for previous examples. I hope this won't affect the money raised for GUTS.

Hi oturanbilboa! While hitting the hard cap in a few days would be great I wouldn't expect as default it or be really disappointed when this doesn't happen within the first few days of the sale.

The point you should understand is that the GUTS proposition is quite solid and we already have an operational ticketing business which already guarantees token usage and thus a solid token evaluation. We have really solid proposition/proven use case with a guaranteed exchange rate mechanism which will act as a price bottom on exchanges(€0.50). Long story short (I'll do a blog on this) - the way we see it is that our token and the mechanism of the protocol (so recycling and burning per event cycle) will guarantee a sustainable value utility/value. As we have hit our soft-cap we already have funds to build the protocol, more funds will only give us the possibility to build it quicker and do more marketing/acquisition.

The only thing you'll have to trust us on is if we'll do ticketing on the protocol, and the great thing is. We are already doing that. Check out the events we have plannend here: https://events.guts.tickets/events.

[kasper-guts]

It depends also ether limits. I hope limits will be high. Whales cannot attend ico if it will be like 30-50 ether.

ICO should have no limits. It's not pre-ICO, everybody can invest. There is plenty of tokens for sale.

The ICO rounds/cappes will be very high indeed, so whales will have more than enough wiggle room.

[kasper-guts]

November 15th ico will start. If It didnt hit hardcap when it will be finish? As i understand tier 1to4 there is no date when tier1 finish tier2 starts directly. Am i right?

I think you are right, also, I think this ANN thread is not so clear that the reader can see the ICO details directly, two many introductions.

Thanks for mentioning the fact that the tread was quite outdated. We updated it all now, hope it is a bit clearer. Do let us know if this isn't the case though!

[kasper-guts]

I am very curious how this recycling contract will work. This is an important criterion to keep the project standing after iCod. If it works without any problems, we can say that they have already earned all the investors. This situation will affect the token price positively after the ico ... An ICO success can be measured with the interest that after enter the market. ICO is not only the amount of money collected ... I think that this project will present a beautiful picture in this sense.

Hi SpringfieldM1A! Thanks for making such an in-depth comment. It is refreshing to have some comments in here that show that somebody carefully read the white paper and understands the mechanisms we'll be using to ensure that this token will be valued based on more than some marketing hype alone. In upcoming months more details about how this mechanism/contract will work will be published! We, of course, have a lot of information and research conducted on the details of these mechanisms internally but a lot of it still needs a lot of polishing and refining before we can present it in a format that is accessible for outsiders. So stay tuned!