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Author Topic: The Decentraland project collected $24 million in 35 seconds  (Read 779 times)
NEUROSEED (OP)
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August 28, 2017, 11:32:33 AM
 #1

Decentraland, which came out on the ICO on August 19, finished raising funds in record time - 35 seconds despite the plan for the campaign to consist 8 days. Interest in the project was expressed by 10,000 investors, but 7,000 people remained unsatisfied.
For the MANA project tokens you can purchase or sell LAND virtual property and also immerse yourself fully in the cyber economy created by the virtual reality of Decentraland.
Decentraland offered the market an innovative product, where it is, in fact, possible to provide its computing power to create a global decentralized virtual platform.

What do you think of it?
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August 28, 2017, 11:36:20 AM
 #2

Decentraland, which came out on the ICO on August 19, finished raising funds in record time - 35 seconds despite the plan for the campaign to consist 8 days. Interest in the project was expressed by 10,000 investors, but 7,000 people remained unsatisfied.
For the MANA project tokens you can purchase or sell LAND virtual property and also immerse yourself fully in the cyber economy created by the virtual reality of Decentraland.
Decentraland offered the market an innovative product, where it is, in fact, possible to provide its computing power to create a global decentralized virtual platform.

What do you think of it?

We cannot be sure really as to how it happen. It is possible that before the ICO they have informed large real estate investors beforehand that cause a significant reaction to their ICO. There is possibly also a hype or they are just lucky and one giant investor has purchased a huge amount of coins during the ICO. There are many possible explanations but we do not know the real answers but the most important thing is that their launching of their ICO is a success.

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August 28, 2017, 11:38:41 AM
 #3

The sure thing is that Decentraland founder has a lot of connection to real estate investor, the same things happens with buildings developer from all over the world the first thing is that they will ask their friend to buy a room/suite/whatever in their newly built apartment for couple of dollars down payment then they will announce that their apartment is selling fast thus attracting real consumer.

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August 28, 2017, 11:46:14 AM
 #4

Sadly but the fact that the decentraland already sold for some whales and a lot of people can't participate in the crowdsale, You must remember the countdown or ico already started than the dev's expected.
It doesn't good as the decentraland is one of the best ico in august.

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NEUROSEED (OP)
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August 28, 2017, 11:56:06 AM
 #5

Decentraland, which came out on the ICO on August 19, finished raising funds in record time - 35 seconds despite the plan for the campaign to consist 8 days. Interest in the project was expressed by 10,000 investors, but 7,000 people remained unsatisfied.
For the MANA project tokens you can purchase or sell LAND virtual property and also immerse yourself fully in the cyber economy created by the virtual reality of Decentraland.
Decentraland offered the market an innovative product, where it is, in fact, possible to provide its computing power to create a global decentralized virtual platform.

What do you think of it?

We cannot be sure really as to how it happen. It is possible that before the ICO they have informed large real estate investors beforehand that cause a significant reaction to their ICO. There is possibly also a hype or they are just lucky and one giant investor has purchased a huge amount of coins during the ICO. There are many possible explanations but we do not know the real answers but the most important thing is that their launching of their ICO is a success.

I assumed that the investors were most likely attracted in advance, since at one hype there is not enough to collect money for such a time
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August 28, 2017, 11:58:58 AM
 #6

100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

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August 28, 2017, 01:07:46 PM
 #7

This insta raised all kind of red flags to me  Roll Eyes Stay well away from this!

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August 28, 2017, 02:07:28 PM
 #8

Will increase competition in the global world, especially online by sharing projects offered have good quality in the system performance but must be in a healthy way without any political manipulation.
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August 28, 2017, 02:12:12 PM
 #9

Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?
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August 28, 2017, 02:45:24 PM
 #10

This topic has a mixed of opinion i can't fully say this is a scam because from past ico tokens did sell really faster than expected but 35 seconds for such a high amount seems to fast. This surely happened because the company could have done local advertising.
The second theory might be they already informed some big people in field of real estate prior to the ico.
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August 28, 2017, 02:57:50 PM
 #11

Wow this is getting insane. How is an average Joe supposed to get in with 35 seconds?

it's just simple demand.

$24 million hard cap but $100+ million in interest = sold out in seconds. easy as that
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August 28, 2017, 03:01:33 PM
 #12

100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

Ico contributors are totally looking for manipulatios where they can make 5x 10x in short period of time. If it's a scam project, how they could manage to collect $25 million in seconds? This is the interesting part. BAT also had collected very big amount in minutes as far as I remember.
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August 28, 2017, 03:04:07 PM
 #13

100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

Ico contributors are totally looking for manipulatios where they can make 5x 10x in short period of time. If it's a scam project, how they could manage to collect $25 million in seconds? This is the interesting part. BAT also had collected very big amount in minutes as far as I remember.

'cryptohunter' is known for pushing only projects he is invested in and calling everything else a scam, don't bother Wink
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August 28, 2017, 03:08:24 PM
 #14

100% instamined scam keep away

insta ico = insider scams

will lead to collusion and market manipulation.

That is, there is not even the slightest percentage that the money collected honestly?
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August 28, 2017, 03:10:07 PM
 #15

It's like everyday we keep to hear some new ico breaking previous ico records
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August 28, 2017, 03:12:37 PM
 #16

there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212

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August 28, 2017, 03:25:45 PM
 #17

there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212



What tools were used to attract investor attention to ico? (It is clear that marketing, but in what form)
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August 28, 2017, 03:30:34 PM
 #18

Watch it, instamine ICO are scams mostly, it's better to deal with honest admin
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August 28, 2017, 03:33:59 PM
 #19

there is not even the slightest percentage that the money collected honestly?
What?

Quote
After so much anticipation and hard work, last Thursday we concluded our MANA token launch. People from all over the globe contributed 86,260 ETH, or approximately $25 million USD. Over 2,000 unique buyers came together to make this happen. We are incredibly thankful to all participants and humbled by the support of the community as we build Decentraland.
Thanks to our community and distribution partners, we managed to distribute MANA tokens all across the globe. Analyzing the results from these platforms, the average ticket per contributor was in line with that of other successful token sales.
Due to the overwhelming response to the project, almost 7,000 transactions did not go through, which resulted in a lot of disappointment. We anticipated this issue, and looked into alternatives to deal with this. One possible solution was removing the cap, which was not in our contributors’ best interest. All future fundraising for Decentraland will be conducted through our Continuous Token Model, tied to the performance of the project and building a viable product that delivers value to the user. At the same time, we want to congratulate the 0xproject for their approach to this problem.


https://blog.decentraland.org/mana-token-launch-recap-eed3a3ce212



What tools were used to attract investor attention to ico? (It is clear that marketing, but in what form)

Just do some research and post it here

Can I see your research? Just numbers are impressive Smiley
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August 28, 2017, 03:35:25 PM
 #20

Watch it, instamine ICO are scams mostly, it's better to deal with honest admin

We observe, it is very interesting what will come of it
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