Poink (OP)
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September 05, 2017, 11:47:10 AM Last edit: October 04, 2017, 04:02:29 PM by Poink |
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"Red Pulse RPX Sale Postponed
Dear ,
Thank you for your patience regarding recent regulatory announcements. After consulting with our financial and legal advisers, Red Pulse will be postponing the RPX sale. We are not cancelling the sale, but are planning to spend more time to better understand the current regulatory environment. Red Pulse is headquartered, incorporated, and registered in Hong Kong SAR (#2255299). Our KYC process excludes Mainland China, U.S., and Singapore citizens from participating in the RPX sale. The KYC form will be closed on September 7, as planned.
That being said, we want to ensure we are 100% compliant with all related regulations and policies before moving forward. We are consulting with tax, advisory, and legal professionals that have prior experience with ICOs, and will do everything in our ability to ensure we are operating according to government policies and legal boundaries.
Thank you everyone for your interest and support, and we'll provide more updates when available.
Best regards, Jonathan Ha Founder & CEO, Red Pulse"
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Cauchy
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September 05, 2017, 11:51:52 AM |
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I Think they do the right thing. Continue with KYC but postpone sale until Everything is clear. I will participate in the forthcoming sale and this only creates more confidence at my side. Best of luck to the team and see you at sale
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novaprime
Sr. Member
Offline
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
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September 05, 2017, 11:55:51 AM |
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I think they should do this because the project needs to complete legal issues with China and when all is done they should start because this is the first ICO project to use the NEO platform and the ICO revolution new art
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Poink (OP)
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September 06, 2017, 09:08:13 PM |
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Just a reminder...though the ICO was postponed, the ICO entry deadline is tonight (US time) and Sunday morning China time.
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cdb1690
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September 06, 2017, 10:36:17 PM |
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This might be the right thing to do from Red Pulse perspective. But it doesn't look that good from NEO perspective as the postponement of the first big ICO on its platform is not very positive signal.
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housebtc
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September 06, 2017, 10:50:41 PM |
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This might be the right thing to do from Red Pulse perspective. But it doesn't look that good from NEO perspective as the postponement of the first big ICO on its platform is not very positive signal.
Is not the fault of NEO team assuming this happens last week it would have been a huge success but I can't find the announcement on their page where is the source of the information
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Poink (OP)
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September 06, 2017, 11:52:50 PM |
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This might be the right thing to do from Red Pulse perspective. But it doesn't look that good from NEO perspective as the postponement of the first big ICO on its platform is not very positive signal.
Is not the fault of NEO team assuming this happens last week it would have been a huge success but I can't find the announcement on their page where is the source of the information https://coin.red-pulse.com/
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Poink (OP)
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September 07, 2017, 11:07:57 AM |
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WOW, right after the RPX ICO application closed, NEO price shot up...28% so far.
Was this China's "strategy"?
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speakoo
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September 07, 2017, 11:17:37 AM |
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"Red Pulse RPX Sale Postponed
Dear ,
Thank you for your patience regarding recent regulatory announcements. After consulting with our financial and legal advisers, Red Pulse will be postponing the RPX sale. We are not cancelling the sale, but are planning to spend more time to better understand the current regulatory environment. Red Pulse is headquartered, incorporated, and registered in Hong Kong SAR (#2255299). Our KYC process excludes Mainland China, U.S., and Singapore citizens from participating in the RPX sale. The KYC form will be closed on September 7, as planned.
That being said, we want to ensure we are 100% compliant with all related regulations and policies before moving forward. We are consulting with tax, advisory, and legal professionals that have prior experience with ICOs, and will do everything in our ability to ensure we are operating according to government policies and legal boundaries.
Thank you everyone for your interest and support, and we'll provide more updates when available.
Best regards, Jonathan Ha Founder & CEO, Red Pulse"
Chinese government has issued regulations to forbid ICOs in China , if this project Red Pulse is based on NEO , is based in China .How could you continue your ico project without breaking the laws?
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Poink (OP)
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September 07, 2017, 11:22:53 AM |
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Chinese government has issued regulations to forbid ICOs in China , if this project Red Pulse is based on NEO , is based in China .How could you continue your ico project without breaking the laws?
They did not permanently forbid ICOs...it is a stop gap measure until they find a way to filter the bad ones. I am sure they will start allowing good ones through soon.
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housebtc
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September 09, 2017, 05:35:56 AM |
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Chinese government has issued regulations to forbid ICOs in China , if this project Red Pulse is based on NEO , is based in China .How could you continue your ico project without breaking the laws?
They did not permanently forbid ICOs...it is a stop gap measure until they find a way to filter the bad ones. I am sure they will start allowing good ones through soon. I don't think they can outrightly ban ICOs but they will look into it and set a very high bar for any project that want to ICO their project to pass. To be sincere the ICO thing is almost turning to a mess
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cdb1690
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September 09, 2017, 08:55:48 AM |
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Chinese government has issued regulations to forbid ICOs in China , if this project Red Pulse is based on NEO , is based in China .How could you continue your ico project without breaking the laws?
Red Pulse is based in Hong Kong and already excluded Chinese citizens from participating in ICO. NEO is a open-sourced (under MIT license) and decentralized smart contract platform. From technology point of view, it can't be stopped or controlled by one government is the same way Ethererum or Bitcoin can't be stopped or controlled by one or ten or twenty governments. Of course, the problem with NEO is that it's currently being developed by a private company registered in China, that is susceptible to chinese regulations.
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twobits
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September 09, 2017, 09:11:21 AM |
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Chinese government has issued regulations to forbid ICOs in China , if this project Red Pulse is based on NEO , is based in China .How could you continue your ico project without breaking the laws?
They did not permanently forbid ICOs...it is a stop gap measure until they find a way to filter the bad ones. I am sure they will start allowing good ones through soon. I don't think they can outrightly ban ICOs but they will look into it and set a very high bar for any project that want to ICO their project to pass. To be sincere the ICO thing is almost turning to a mess They can't but this time a lot of people are feeling confusing due to the FUD has spreaded by the unreliable site or news. We are all going to be a down a bit more and then chine will try to make the price back again. We are in the game of the news.
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Poink (OP)
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September 19, 2017, 09:10:02 PM |
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Just a reminder...though the ICO was postponed, the ICO entry deadline is tonight (US time) and Sunday morning China time.
...I guess no one read this...
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Poink (OP)
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October 04, 2017, 03:55:54 PM |
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I got in the RPX white list!!!! YAY!!!
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onyebuchi81
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October 04, 2017, 04:18:53 PM |
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My kyc was approved but I am disappointed I won't be participating in the ico due to cash constraints. I am really gutted!.anybody interested in the ico but whose kyc wasn't approved should pm me.he can use mine
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Forward_Thinking
Member
Offline
Activity: 155
Merit: 15
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October 04, 2017, 04:40:38 PM |
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If the regulators keep this up, we might go back to the days of anonymous ICOs.
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Poink (OP)
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October 04, 2017, 04:42:02 PM Last edit: October 04, 2017, 04:55:42 PM by Poink |
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My kyc was approved but I am disappointed I won't be participating in the ico due to cash constraints. I am really gutted!.anybody interested in the ico but whose kyc wasn't approved should pm me.he can use mine
Just a word of caution...anyone even contemplating on taking this "offer" to please be very careful. He started selling his account last month when the whitelist was not even out yet. Red Pulse will be launching the RPX sale on Sunday, October 8 at 0900 EDT / 1300 GMT / 2100 HKT. The sale will be conducted in Hong Kong SAR and by RP Technologies (Hong Kong) Limited (#2255299). The sale is not open to citizens of the United States, Mainland China, or Singapore. Their KYC whitelist form is already closed, and they are not accepting any new submissions at this time.MY KYC Whitelist is for sale.if interested PM me
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SL18
Member
Offline
Activity: 95
Merit: 10
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October 04, 2017, 05:12:22 PM |
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My kyc was approved but I am disappointed I won't be participating in the ico due to cash constraints. I am really gutted!.anybody interested in the ico but whose kyc wasn't approved should pm me.he can use mine
Just a word of caution...anyone even contemplating on taking this "offer" to please be very careful. He started selling his account last month when the whitelist was not even out yet. Red Pulse will be launching the RPX sale on Sunday, October 8 at 0900 EDT / 1300 GMT / 2100 HKT. The sale will be conducted in Hong Kong SAR and by RP Technologies (Hong Kong) Limited (#2255299). The sale is not open to citizens of the United States, Mainland China, or Singapore. Their KYC whitelist form is already closed, and they are not accepting any new submissions at this time.MY KYC Whitelist is for sale.if interested PM me
Busted ahah that scammer
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styca
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October 04, 2017, 05:29:31 PM |
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I'm not participating, but I'm expecting the level of interest for Red Pulse to be absolutely insane. I'll be watching closely, and maybe getting in at some point later on if we see a whole market crash again.
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