[ANN] Astronaut (ASTRO) Token Sale. One Token To Rule Them All.

[picoloresearch]

Thanks for the comments.

A few things:

Astronaut is an evolution by the team at Picolo Research. The team has actively been moulding this Token Sale based on the feedback and contribution of the 10,000+ subscribers there.

We have avoided bounty campaigns to date, instead trying to focus on the value offering of the platform.

The dates you see on the whitepaper are anticipated based on the demand from the prospective market. It may seem rushed on this forum, however we have been actively gaining feedback on Astronaut for over 3 months now.

Some other questions highlighted:

30,000,000 cap

The cap is simply there to show our maximum goal. All remaining tokens will be burned.

Picolo Research and Astronaut

Picolo Research has been operating for over 12 months in the token space doing private consulting before turning into a public facing research house.  Astronaut many months ago was created based on the feedback from the subscribers. The majority of personnel in the team (and others not mentioned being more operational) have come from Picolo Research.

Social Links

You can find the Twitter here: https://twitter.com/astronautcap
And here: https://twitter.com/picoloresearch


We thank you for your feedback greatly and appreciate your comments.

[HannsGruber]

Why the hate for Americans?

[picoloresearch]

No hate, just uncertainty unfortunately. It looks like alot of Token Sales are leaning the same way. Sorry about that!

[seejack]

The size of the team is not as much as the number of other project teams, but this team is responsible and serious about my appreciation.This made me curious to keep following future development anyway.

[picoloresearch]

Thanks See Jack.

Keeping in mind that we also have a number of operational staff. What we have listed thus far are the integral members. In managing a platform such as this and a 'close-ended' structure, it means that there is no requirement for marketing, ongoing development etc.

When it comes down to it, it is a smaller component of technology mixed with analysts and operational staff.

[clixcoin]

Platform is looking attractive and previous work of the team is very impressive it seems some professional people involve into this project. So I will keep this on my radar because it has nice chance of growth.

[bstewart]

Is this not an erc20 token? I'm thinking about investing and it looks like I can invest my eth from my exchange but I want to make sure first.

[have lada]

And proportional distribution absolutely fair for all.

[picoloresearch]

Yes you can deposit ETH via an exchange. Orderbook allows any wallet or any exchange for the transfer.

[aznbro88]

I'm curious about a few things and I'm hoping the Astro rep will be able to answer.

1. Will the total investment be based on the amount raised in the crowdsale? It goes without saying that the more invested the bigger the potential profits for dividends so if only a small amount is invested then the dividends may not be that significant and hence not worth the investment. That being said is there a minimum goal you're going for? I realize it may be difficult, but is it also possible to give an estimate of projected range on the return per coin in different scenarios (i.e. fund does very well, fund does ok, fund does poorly)? Even if you just used fake placeholder numbers, it would allow people to see what kind of benefit they'd be getting based on their investment.  

2. I believe on the reasons exchanges like Bittrex haven't added anything in over a month is because of the SEC ruling on securities and since this seems to be a security as well, are there any safeguards to ensure it doesn't change over time. I was looking to invest in ETHBET which is basically the same as ETHROLL, both of which pay dividends from the gambling profits of the platform, but prior to the crowdsale ETHBET completely dropped the dividends portion so it makes the coin much less attractive. I believe in the ASTRO whitepaper it was stated that it will be added to Poloniex shortly after the crowdsale finishes so is there any sort of deal in the works with that since it seems very difficult to get added to anything other than Etherdelta and HitBtc these days and it will affect the coin's value tremendously.

3. I'm a big fan of the reports written by Piccolo research as they are well thought out and logically sound, but I do wonder if coins rated under "spec buy" will be invested in. I'm assuming the fund will stay clear of "avoid" and I think it's safe to say ones with "buy" ratings will be including, but almost all of the coins are given "spec buy" which has seen mixed results. For instance, Trueflip is one of the coins rated "spec buy" but it is currently about 20% under ICO price and Dao.Casino is also another spec buy coin that hasn't been performing too well either. If the fund is filled with most "spec buy" coins then I feel like it will hamper success seeing as spec buy is almost akin to 50/50 in regards to success. In contrast, the only coin under buy, 0x, went 10x until it settled down to around 4x (Chainlink, the other buy coin is too new to judge) so whether the fund will be mainly comprised of coins rated under "buy" or "spec" will make a huge difference.

4. This might be written in the whitepaper and I missed it, but is the strategy of the fund to buy at ICO and then hold and cash out at a certain multiplier (i.e. 5x or 10x), or just hold indefinitely, or flip for the short term. I saw something about short term and long term investments but I wasn't able to find any specifics on when the value from investing in the coin would be realized. For example, if the fund bought DNT at ICO, when would the profits from DNT be allocated to the fund because at one point it was 10x, but it has fallen down to 3x, so depending on the date when you sold or realized profits there a discrepancy which would greatly affect the dividends.    

Thanks.

[picoloresearch]

Thanks for the questions:

1. Expected return and size

Total investment will depends on the amount raised for the crowdsale. For example, if the end amount raised is closer to $15m, position sizing operating costs and everything will be scaled down almost proportionally. The rest of the tokens are burned. Our expectation is to outperform the market significantly. If you look at the returns of some other listed vehicles such as TaaS, market cap has almost tripled in that time with decent performance. Based on our analysis of market return and previous strategy, we are aiming for high ROI even in the first quarter. As you said, the more raised the better.

2. Dividends and exchange

We are currently also looking at a process for DRP, as some token holders are expressing their want to reinvest the total amount. This is understandable and we are hoping to come up with a flexible solution. The listing on exchanges is actually a technical barrier to do with dividend distribution as well. We are currently finalising discussions with a number of exchanges and hoping to release an announcement this week. It is simply a matter of which are the most flexible for ETH contributions to be made every quarter.

3.  Picolo and Spec Buy

Great question.  Spec Buy represents a lower exposure opportunity where conviction isnt 100%, however the rewards outweigh the risks for a short/medium term buy. Simply put, this affects position sizing and length of 'hold.' Astronaut holders will find that the reports released after the token sale (exclusive to them) will be quite a bit different, specifically noting the rationale behind the amount of funds placed, sizing and detailed stop loss.

4. Investment strategy

This is a question we could answer in about 15 pages  Ultimately it comes down to the following:

a) protecting risk. when a position pops in the market and significant capital gains are had, we implement a Stop Loss strategy to cash out of any existing risk therefore making it a free trade. This protects downside risk and keep long exposure.

b) continuing to scale out of volatile tokens (if short term). This comes down to raising stop loss and exit points as we see market sentiment turn adn volatility increase (or volume decrease)

c) position on the token. The above really depends on whether or not a long or short term view is made (which token holders will be advised). High conviction buys will generally be a longer term opportunity that we forecast significant +1000% growth. This means a different risk and holding strategy. The short term component employs a more active approach.

I hope this answers some of your questions - if it hasn't just let me know

[Wasimalik]

Hello, I want to do urdu translations.

[wancho]

Thanks for the questions:

1. Expected return and size

Total investment will depends on the amount raised for the crowdsale. For example, if the end amount raised is closer to $15m, position sizing operating costs and everything will be scaled down almost proportionally. The rest of the tokens are burned. Our expectation is to outperform the market significantly. If you look at the returns of some other listed vehicles such as TaaS, market cap has almost tripled in that time with decent performance. Based on our analysis of market return and previous strategy, we are aiming for high ROI even in the first quarter. As you said, the more raised the better.

2. Dividends and exchange

We are currently also looking at a process for DRP, as some token holders are expressing their want to reinvest the total amount. This is understandable and we are hoping to come up with a flexible solution. The listing on exchanges is actually a technical barrier to do with dividend distribution as well. We are currently finalising discussions with a number of exchanges and hoping to release an announcement this week. It is simply a matter of which are the most flexible for ETH contributions to be made every quarter.

3.  Picolo and Spec Buy

Great question.  Spec Buy represents a lower exposure opportunity where conviction isnt 100%, however the rewards outweigh the risks for a short/medium term buy. Simply put, this affects position sizing and length of 'hold.' Astronaut holders will find that the reports released after the token sale (exclusive to them) will be quite a bit different, specifically noting the rationale behind the amount of funds placed, sizing and detailed stop loss.

4. Investment strategy

This is a question we could answer in about 15 pages  Ultimately it comes down to the following:

a) protecting risk. when a position pops in the market and significant capital gains are had, we implement a Stop Loss strategy to cash out of any existing risk therefore making it a free trade. This protects downside risk and keep long exposure.

b) continuing to scale out of volatile tokens (if short term). This comes down to raising stop loss and exit points as we see market sentiment turn adn volatility increase (or volume decrease)

c) position on the token. The above really depends on whether or not a long or short term view is made (which token holders will be advised). High conviction buys will generally be a longer term opportunity that we forecast significant +1000% growth. This means a different risk and holding strategy. The short term component employs a more active approach.

I hope this answers some of your questions - if it hasn't just let me know

that's it, nice dev

[Chibongvdg]

It looks like an interesting project. Looking forward for the success of this project. I will keep an eye on this for now and maybe i will invest in the future

[picoloresearch]

Astronaut will be testing its first version of the its Web Portal with token holders over the next few weeks

https://i.imgur.com/mppezNS.jpg

[liyoungjae]

unfortunately for this ico without any bounty, there may be airdrop later for we can get coins from this project. good luck though there is no gift that helps make the promotion attract investors.

[bstewart]

I think it's great that there isn't a bounty in this ico.

[picoloresearch]

New Research report released on Etherparty (FUEL)

https://picoloresearch.com/29/etherparty-fuel

[spaded8]

Where is the update you promised about exchanges? Whats going on with exchanges?

[coin163]

just for help update img. I came here through Cointele

Astronaut will be testing its first version of the its Web Portal with token holders over the next few weeks