[ANN] [ICO]COINDEX – CNDX30 Top30 Cryptocurrencies and Cryptoassets market INDEX

[energ]

Thank you for your answer, i think this is a good solution.
Good luck with your projekt1

[Coindex Team]

Dear Dev(s),

I was skimming the Whitepaper but couldn´t find the answer to my question:

Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?

I would really like to know this too
If there is any goal remaining tokens will be burned?

All the unsold tokens will go to the DAO managed stability reserve. Remember that CNDX price should ALWAYS be equivalent (+/- 10%) to the Coindex30 index level.

If the CNDX price goes above the target CNDX tokens will be sell at a lower price in order to regulate the market.

In the oposite case, if the price is going below the target, the reserve will buy CNDX in order to raise the price.

All market intervention decisions will be announced in the offical website.

Dear Dev.,

so far so clear, but I would like to know something different...

Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?

Kind regards
Scheede

Hi Scheede.

As there is a 1 to 0.8 proportion (betwen the amount of tokens sold and the size of the reserve because 80% of the eth, btc and ltc raised will go to it) the market intervention policies we have estipulated should work no matter the amount of tokens sold. Of course, the more tokens sold and the bigger the reserve the better it will work. So, there is not a minimum amount.

[Scheede]

Dear Dev(s),

I was skimming the Whitepaper but couldn´t find the answer to my question:

Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?

I would really like to know this too
If there is any goal remaining tokens will be burned?

All the unsold tokens will go to the DAO managed stability reserve. Remember that CNDX price should ALWAYS be equivalent (+/- 10%) to the Coindex30 index level.

If the CNDX price goes above the target CNDX tokens will be sell at a lower price in order to regulate the market.

In the oposite case, if the price is going below the target, the reserve will buy CNDX in order to raise the price.

All market intervention decisions will be announced in the offical website.

Dear Dev.,

so far so clear, but I would like to know something different...

Will you have an minimum amount you want to raise in the token sales?
e.g. what happens if you fail to raise this (if existing) min. amount?

Kind regards
Scheede

Hi Scheede.

As there is a 1 to 0.8 proportion (betwen the amount of tokens sold and the size of the reserve because 80% of the eth, btc and ltc raised will go to it) the market intervention policies we have estipulated should work no matter the amount of tokens sold. Of course, the more tokens sold and the bigger the reserve the better it will work. So, there is not a minimum amount.

Well - this makes sense... thanks for your answer!

[Coindex Team]

Token Sale started roughly 48 hours ago and the quantity of people joining it is amazing! We really apreciate your support

[Bonzai]

I wish you good ICO Dev. I just want to ask a quwation. When will you distribute bounty stakes?

[Coindex Team]

I wish you good ICO Dev. I just want to ask a quwation. When will you distribute bounty stakes?

Hi, 10 days after token sale end date.
End date: November 2
Bounties will be disributed before november 12.

[cerberochek]

the list of top 30 marketcap in crypto changes pretty frequently. if some coin join or drop out of the top 30 list, will you sell those drop out of the list?

As for me I still don't have an answer even though in reply to this post were a lot of formulas.

[elegant_joylin]

I just published my blog: https://medium.com/@Elegant_Joylin/coindex-cndx-the-top-30-cryptocurrencies-and-cryptoassets-market-indices-916fc155fc26

[silent17]

I am a bounty hunter for you campaign We need more tweet in your profile for retweeting them.There is no new post.so why we cant make new retweet.

Yes, they stop from tweeting and they even stop updating their tracker for 2 weeks now, They didn't inform us the reason behind this. I think This campaign failed.

[Whitennerdy]

What is the purpose of this ICO? Are you planning to make counterpart to S&P 500 in cryptocurrencies?

[Scheede]

I am a bounty hunter for you campaign We need more tweet in your profile for retweeting them.There is no new post.so why we cant make new retweet.

Yes, they stop from tweeting and they even stop updating their tracker for 2 weeks now, They didn't inform us the reason behind this. I think This campaign failed.

They tweeted 3 days ago (https://twitter.com/coindexfinance/status/920014785248464898) so I wouldn´t say it failed, but I would agree to say: more updates & transparence would be nice (or what we expect), but I would consider they have a lot of work to do during the ICO...

Looking forward for officials to come back to communications...

[silent17]

I am a bounty hunter for you campaign We need more tweet in your profile for retweeting them.There is no new post.so why we cant make new retweet.

Yes, they stop from tweeting and they even stop updating their tracker for 2 weeks now, They didn't inform us the reason behind this. I think This campaign failed.

They tweeted 3 days ago (https://twitter.com/coindexfinance/status/920014785248464898) so I wouldn´t say it failed, but I would agree to say: more updates & transparence would be nice (or what we expect), but I would consider they have a lot of work to do during the ICO...

Looking forward for officials to come back to communications...

I already stop tweeting regarding them because of them being not able to update there, but to see this post, I'm still hoping to get something for all the hard work that I have done before.
I check the tracker today but there still no update regarding the campaign. I sure hope all ends well.

[lazarus.hlz]

Looked through your project, very cool!

[ui_zakharchenko]

Hi developers. ICO is over? Or was it PRE-ICO?
How many dollars did they collect?
Was the bounty over or not?

[ogrudko]

Hi developers. ICO is over? Or was it PRE-ICO?
How many dollars did they collect?
Was the bounty over or not?

I didn't get any bounty as a translator. And had hardly any news about crowdsale. Even if crowdsale was failed that is not automaticaly means that project is closed. It would be great to receive some official report.

[Scheede]

Hi developers. ICO is over? Or was it PRE-ICO?
How many dollars did they collect?
Was the bounty over or not?

I didn't get any bounty as a translator. And had hardly any news about crowdsale. Even if crowdsale was failed that is not automaticaly means that project is closed. It would be great to receive some official report.

Hi Ogrudko,

you may find an actual information here:
https://bitcointalk.org/index.php?topic=2206314.msg23985537#msg23985537

[Urara]

Hi dev, any news about the bounty distribuition and the ICO?

[silent17]

Any news latest news regarding this company, We already received the token last December, I would like to clarify when will you going to put it on an exchange, I know that the given token is only temporary, when are we going to have the real token?

Edited:
March 01, 2018
As of the moment, I see an updated website but haven't heard anything about the token that they have given us.

[Karitra1]

is this project dead ?