Huxleyfree
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September 30, 2017, 09:08:02 PM |
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OK here comes a question from a noobie but I have been reading around and I don't seem to find the actual answer. I already contributed to this pre-ICO a decent amount but I am seeing that so far there is only $26,000 and by checking about other ICO's of other cryptocurrencies I find that they all raised from$200,000 to $100'000,000 and maybe 20,000 backers instead of the 129 on this one so far. So I know this is just starting and not only there are still 5 more days to go on the pre-ICO but then there is the actual ICO. Is the amount expected to go much higher once the actual ICO kicks in? Are the bigger companies waiting to invest a lot only when the ICO kicks in or something? Dont get me wrong I am really pumped about this project but I am also new so I dont know exactly what to expect. Thanks for any insights...
Leo
There is no written rule This is a good project, with a good idea and a good team. They even already started their project (see http://word.expert/) while most other ICOs offer just vaporware. So this is bound to succeed IMHO. Thanks for the answer. I guess you are right. Now another question, I saw someone asking about the 20% promotion for anyone participating on any bounty campaign of WE project. How do I do that? Is there still time to participate on those? Those participants who will participate in any bounty campaign of WE project before 4 October, 2017 will receive 20% bonus to their stakes during PRE-ICO stage. Thanks but unfortunately that didnt answer my question I wanted to know how to participate in the bounty? Is there any instructions somewhere I can read? Thanks. How to participate in the bounty: https://bitcointalk.org/index.php?topic=2153571can we still join the bounty program so we also earn 20% extra on bounty earnings? so if i join the bounty now, will i earn 20% more?
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WORDCOIN (OP)
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 09:15:29 AM |
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Yes, we already have one company who will invest in our project after PRE ICO. We'll inform everyone about it!
Awesome news! Great to hear how things are going. Having partners in online businesses is key. Yes, after PRE ICO there'll be a conference with a few companies, our potential investors. We'll publish the info about it on our website!
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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WORDCOIN (OP)
Full Member
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 09:50:12 AM |
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OK here comes a question from a noobie but I have been reading around and I don't seem to find the actual answer. I already contributed to this pre-ICO a decent amount but I am seeing that so far there is only $26,000 and by checking about other ICO's of other cryptocurrencies I find that they all raised from$200,000 to $100'000,000 and maybe 20,000 backers instead of the 129 on this one so far. So I know this is just starting and not only there are still 5 more days to go on the pre-ICO but then there is the actual ICO. Is the amount expected to go much higher once the actual ICO kicks in? Are the bigger companies waiting to invest a lot only when the ICO kicks in or something? Dont get me wrong I am really pumped about this project but I am also new so I dont know exactly what to expect. Thanks for any insights...
Leo
There is no written rule This is a good project, with a good idea and a good team. They even already started their project (see http://word.expert/) while most other ICOs offer just vaporware. So this is bound to succeed IMHO. Thanks for the answer. I guess you are right. Now another question, I saw someone asking about the 20% promotion for anyone participating on any bounty campaign of WE project. How do I do that? Is there still time to participate on those? Those participants who will participate in any bounty campaign of WE project before 4 October, 2017 will receive 20% bonus to their stakes during PRE-ICO stage. Thanks but unfortunately that didnt answer my question I wanted to know how to participate in the bounty? Is there any instructions somewhere I can read? Thanks. How to participate in the bounty: https://bitcointalk.org/index.php?topic=2153571can we still join the bounty program so we also earn 20% extra on bounty earnings? so if i join the bounty now, will i earn 20% more? Yes, before October 4th
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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WORDCOIN (OP)
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 10:56:05 AM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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Retired
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October 01, 2017, 11:08:08 AM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international Later down the road you can even offer proof of existence services.
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ICOs
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October 01, 2017, 12:53:03 PM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international Later down the road you can even offer proof of existence services. Can you elaborate? What is that?
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Retired
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October 01, 2017, 01:01:27 PM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international Later down the road you can even offer proof of existence services. Can you elaborate? What is that? A way for authors to prove they wrote the article. Since they're using the blockchain, they will be able to add this.
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poordeveloper
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October 01, 2017, 01:10:14 PM |
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They've developed the system themselves, so they can add whatever is needed
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ICOs
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October 01, 2017, 02:44:04 PM |
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That's good, isn't it? They can add and modify their system as they see fit at any time.
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poordeveloper
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October 01, 2017, 03:23:35 PM |
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That's good, isn't it? They can add and modify their system as they see fit at any time.
Indeed! And when word.expert is launched they can add more features gradually.
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poordeveloper
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October 01, 2017, 03:25:03 PM |
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Yes, we already have one company who will invest in our project after PRE ICO. We'll inform everyone about it!
Awesome news! Great to hear how things are going. Having partners in online businesses is key. Yes, after PRE ICO there'll be a conference with a few companies, our potential investors. We'll publish the info about it on our website! Awesome news. The fact that you're meeting potential investors who are interested in the project will ensure more funds and more backers.
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Huxleyfree
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October 01, 2017, 05:25:33 PM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international are the bonuses stacable?
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Retired
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October 01, 2017, 06:09:08 PM |
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Do the author and the buyer have to be in the same country?
No, that doesn't matter! The platform is international are the bonuses stacable? They've already stated they are.
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coindoctor
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路發
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October 01, 2017, 06:32:43 PM |
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Your service could be used to translate ICO whitepaper, yes?
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salahazert
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Activity: 98
Merit: 10
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October 01, 2017, 07:04:22 PM |
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Will your support also be in several languages?
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poordeveloper
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October 01, 2017, 07:11:07 PM |
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Your service could be used to translate ICO whitepaper, yes?
Their translators can surely do translations of whitepapers, websites and threads
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WORDCOIN (OP)
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 08:51:04 PM |
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Will your support also be in several languages?
What kind of support do you mean?
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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WORDCOIN (OP)
Full Member
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 08:51:42 PM |
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Your service could be used to translate ICO whitepaper, yes?
Of course, with native speaker proofreading option
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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laurenB7742
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Vaccinized.. immunity level is full.
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October 01, 2017, 08:54:30 PM |
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I don't understand this. How can you guarantee that 1 WORD = 1 $ or more?? It says in your whitepaper: The starting exchange rates for WORDCOIN will be set at the pre-ICO, where 2,000,000 coins will be sold out. The amount of the funds, raised at the pre-ICO will be divided by 2 million WORDCOINs, enabling to determine the USD-denominated exchange rate.
Ok so let's say you will raise around 50 000 USD during the ICO and you will distribute all 2 000 000 coins to investors. Clearly, the price of 1 WORD will be less than 1 USD, it will be 0.025 USD. You would need to raise 2 million USD or more to guarantee the minimum price of $1 per WORD.
How many coins are there and are they ERC20 tokens? Total number of coins in pre-ICO, ICO and post-ICO is 9 900 000 which is quite low number so the price could actually reach 1 USD and more, but it is confusing because you will give 2 million coins to investors who will invest much less than 2 million USD.
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WORDCOIN (OP)
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Activity: 238
Merit: 100
WORDCOIN
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October 01, 2017, 09:29:25 PM |
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I don't understand this. How can you guarantee that 1 WORD = 1 $ or more?? It says in your whitepaper: The starting exchange rates for WORDCOIN will be set at the pre-ICO, where 2,000,000 coins will be sold out. The amount of the funds, raised at the pre-ICO will be divided by 2 million WORDCOINs, enabling to determine the USD-denominated exchange rate.
Ok so let's say you will raise around 50 000 USD during the ICO and you will distribute all 2 000 000 coins to investors. Clearly, the price of 1 WORD will be less than 1 USD, it will be 0.025 USD. You would need to raise 2 million USD or more to guarantee the minimum price of $1 per WORD.
How many coins are there and are they ERC20 tokens? Total number of coins in pre-ICO, ICO and post-ICO is 9 900 000 which is quite low number so the price could actually reach 1 USD and more, but it is confusing because you will give 2 million coins to investors who will invest much less than 2 million USD.
We organize PRE ICO to raise funds for marketing campaign and to prepare a working platform before ICO start. During the ICO, the price for 1 wordcoin will start from 1 USD. We'll sell 7 000 000 tokens during the ICO, and they are ERC20 tokens The rate growth will start, when the more and more users will start using the platform. As the number of tokens is limited and the services are in high demand (considering platform numerous advantages), in 9 months, when the platform will be very popular, the rate will be very high.
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PRE ICO ▀ ▀ WORDCOIN ▀ ▀ ICO Sep.27 - Oct.04 Oct.10 - Nov.07
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