antagonist
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November 12, 2017, 03:20:51 PM |
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maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long
i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business
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BeEvil
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November 12, 2017, 06:31:16 PM |
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i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have
so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect
for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have
if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business
I support what you say. This is an interesting project, and even if we say that he collected "only 44 btc" - then this is quite enough to start some kind of activity, given that there is no softcap if i correctly understood. After all, these 44 btc are not the money of creditors who stand above the soul - but the money of people who believe that this project will turn into something more than just an idea.
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o48o
Legendary
Offline
Activity: 2912
Merit: 1138
Leading Crypto Sports Betting & Casino Platform
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November 12, 2017, 09:41:30 PM |
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maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long
i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product.
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tucanamiranda
Newbie
Offline
Activity: 46
Merit: 0
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November 13, 2017, 05:24:17 AM |
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why do you need blockchain for this project?
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Alohaboy?!
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November 13, 2017, 06:51:45 AM |
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maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long
i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product. I agree here. The amount of money is quite large compared to a traditional startup funding. If the project is a success they will have enough funding later by selling their tokens
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btcbringer
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November 13, 2017, 12:42:11 PM |
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maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long
i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product. I agree here. The amount of money is quite large compared to a traditional startup funding. If the project is a success they will have enough funding later by selling their tokens But blockchain is not a traditional business, and the market is not as it used to be, $320k is not enough to start a loan business indeed, i guess the team must have to collect money with other way if they plan to do a long work
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scattypatty
Member
Offline
Activity: 124
Merit: 10
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November 13, 2017, 12:49:07 PM |
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With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.
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Baiazid
Full Member
Offline
Activity: 140
Merit: 100
Quo Vadis
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November 13, 2017, 01:02:17 PM |
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With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.
They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced.
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reputation
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November 13, 2017, 03:09:14 PM |
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With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.
They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced. Yes, raising money beyond ico is another way to continue this project as long as the dev team can make something real, it will be easier to convince angel investors
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scattypatty
Member
Offline
Activity: 124
Merit: 10
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November 13, 2017, 04:49:21 PM |
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With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.
They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced. You think they have spent half a million on those things already? A website and a promo video? Smart devs understand they must be cautious with spending. If you think they need more money then the project will fail, many other coins continue without funding at all, and they still make a lot of money when their token rises in value.
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bumbazaka
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November 13, 2017, 05:25:27 PM |
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It is very sad. The project has collected only 44btc I do not understand what will be in the future I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website I think they can not develop this project with 300-500k usd. Marketing is very expensive today and developing too. I hope all will be ok, but I do not know.
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schiz
Newbie
Offline
Activity: 5
Merit: 0
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November 13, 2017, 05:47:52 PM |
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It is very sad. The project has collected only 44btc I do not understand what will be in the future I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long I suggest you take a look at confido, 44btc is quite a lot for what they want to do I Guess. But there is no info on what they will do to unsold token?
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malibubaby
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November 13, 2017, 09:22:41 PM |
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It is very sad. The project has collected only 44btc I do not understand what will be in the future I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long I suggest you take a look at confido, 44btc is quite a lot for what they want to do I Guess. But there is no info on what they will do to unsold token? They will burn all the unsold token.
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Morphling
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November 14, 2017, 12:34:15 PM |
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It is very sad. The project has collected only 44btc I do not understand what will be in the future I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long I suggest you take a look at confido, 44btc is quite a lot for what they want to do I Guess. But there is no info on what they will do to unsold token? 44btc will not cover the team spending and cant afford the fee to be listing on a larger exchange, also it cant afford further development and promotion
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Alohaboy?!
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November 15, 2017, 02:30:14 PM |
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It is very sad. The project has collected only 44btc I do not understand what will be in the future I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long I suggest you take a look at confido, 44btc is quite a lot for what they want to do I Guess. But there is no info on what they will do to unsold token? 44btc will not cover the team spending and cant afford the fee to be listing on a larger exchange, also it cant afford further development and promotion why shouln´t it be enough for the team spending? they can work with this funding even in a team of more than 5 members quite a long time
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sleblanc1469
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November 17, 2017, 03:17:39 PM |
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I hope the team can find additional funding, or the collected amount of money will be enough. This is strange why project with original idea collected so little money.
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Antivoid
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November 17, 2017, 03:23:13 PM |
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I hope the team can find additional funding, or the collected amount of money will be enough. This is strange why project with original idea collected so little money.
Maybe its lakc of promotion, or influenced by the whole market, little ico can reach the hard cap now, actually, most project set a very high goal and people are unwilling to contribute now
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malibubaby
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November 18, 2017, 11:14:52 AM |
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I hope the team can find additional funding, or the collected amount of money will be enough. This is strange why project with original idea collected so little money.
Maybe its lakc of promotion, or influenced by the whole market, little ico can reach the hard cap now, actually, most project set a very high goal and people are unwilling to contribute now I love the idea of the project and its unique to cryptoworlf, but still the ICO have 44btc. I think meridian needs to have partnership on other project.
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Antivoid
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November 18, 2017, 12:53:55 PM |
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I hope the team can find additional funding, or the collected amount of money will be enough. This is strange why project with original idea collected so little money.
Maybe its lakc of promotion, or influenced by the whole market, little ico can reach the hard cap now, actually, most project set a very high goal and people are unwilling to contribute now I love the idea of the project and its unique to cryptoworlf, but still the ICO have 44btc. I think meridian needs to have partnership on other project. Yes, although they convert token to ERC20 and extend for 10 days, but it doesnt seem to work, we should not be strange to this result, ico can hardly raise full money these days and i think it will be a normal phenomenon, those happened months ago is sick that push more and more scam projects to collect too much money
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malibubaby
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November 18, 2017, 01:36:25 PM |
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I hope the team can find additional funding, or the collected amount of money will be enough. This is strange why project with original idea collected so little money.
Maybe its lakc of promotion, or influenced by the whole market, little ico can reach the hard cap now, actually, most project set a very high goal and people are unwilling to contribute now I love the idea of the project and its unique to cryptoworlf, but still the ICO have 44btc. I think meridian needs to have partnership on other project. Yes, although they convert token to ERC20 and extend for 10 days, but it doesnt seem to work, we should not be strange to this result, ico can hardly raise full money these days and i think it will be a normal phenomenon, those happened months ago is sick that push more and more scam projects to collect too much money Yes and this is 100% real project with real team and this is for the long term investment.
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