[ANN] TOKEN SALE - Gladius Network [GLA] - DDoS Protection On The Blockchain

[imtav]

So, I've read your white paper and am very intrigued by your project.  I have a question though.  You mention a maximum token issuance of 96,320,000. A relative number, no concerns about the number.  But you mention that all tokens will be created at Token Creation phase and never again.  Does this mean there are no plans to counter token-loss due to user errors, wallet losses, and deaths?  Or are these events only going to be seen as another way of causing token scarcity, like BTC?

[danishspanner]

I just want to know if any photos or LinkedIn profile for every team member?

[Franky2010]

Not many posts here on BTCtalk, much more talk about o Telegram, but I personaly like this Project and follow progress made here. This will be good ICO.

[ico41]

Can you purchase token if you are a USA citizen or live in the United States?

I don't know more about legality ICO for USA. I think the government's prohibition against the ICO and also partitioned in the ICO. (Which allows great risk without any responsibility). But If those who have interested with ICO, I gues their right following this, if those have bought, the government will not be able to trace it, nor is it crime.

There is no prohibition in the U.S. for ICO's, as you say, it's not a crime - and certainly not a crime to participate as a contributor.  The current position from the standpoint of the Security and Exchange Commission in the U.S. is uncertain, and that causes a lot of ICO's to reflexively ban United States citizens from participating.  But if the company that is running the ICO does some homework, or seeks legal advice, they find out that as long as the ICO is framed a certain way, there is little chance that the token will be seen from the SEC as a "Security" which would open the ICO to legal trouble, if they didn't register it as such (and almost none do, since it's prohibitively expensive for a startup).  We have seen the SEC actually act against two ICO's (run by the same company) recently, but if you look carefully into it, you will see that the SEC is going after just the right types of people in this case.  So by and large, if you look carefully at ICO's from the perspective of the Howey test, you will find that most of them nowadays, with few exceptions, are being careful to present themselves in a way that will not cause them trouble later.  This particular ICO is a straight-up "utility" token, so they are hewing the right line.

[ico41]

First impressions of the project is good. I really like unique projects which use blockchain technology. Here are couple of questions:
1. What will you do with the unsold tokens? will you burn them?
2. Is the token a security or utility?

1. From what i read in the whitepaper, the unsold tokens will be locked into vesting pools as far as i understand.

2. I'm pretty sure its classed as a utility, as it fuels the ecosystem for buying and renting bandwidth, but doesn't pay out any form of dividends to tokenholders or represent any shares in the company.

 

Thanks for the clarification!
But I think burning unsold tokens would have been the best option as it looks more fair to the investors.

I've heard that if a token is considered as a security then most of the bigger exchanges like Bittrex will not add it is that true? So to prove that as an utility do gladius has to take any kind of test?

There's no official "test" that guarantees that a token is not a security - but the closest thing we have to one is the "Howey Test" which is the result of a U.S. Supreme Court decision that happened about 70+ years ago, and the SEC seems to have used it ever since when taking action.  There is a really excellent document about this floating around -just type "A Securities Law Framework for Blockchain Tokens" into your favorite search engine and you'll find a PDF.  Great document - but in the back of that doc, you'll find a link to a Google Spreadsheet that actually allows you to conduct your own "Howey Test."  Pretty good stuff.  Of course, no one knows what the SEC is going to do but the SEC, but for us mortals it's a decent enough set of tools to guide us in our decisions, in my opinion.  Essentially, if there is no expectation that the token provides equity in the company or an expected return on investment, and if it confers utility - that is a way to use it on the network - then it's most likely not going to be considered a security.  But check that document out - very interesting stuff...

[baby222]

Who are competitors of Gladius (apart of industry giants)? Anyone else utilising blockchain abd distributed service?

[KryptoKash]

Who are competitors of Gladius (apart of industry giants)? Anyone else utilising blockchain abd distributed service?

I do not think there is a gladius ico/business clone...If there is I havent seen it.

[ewonardo]

Vey nice project, This is the first project which protective of DDOS attacks,
I think Gladius could become the rival of cloudflare.

[Bit-talker1]

Looks promissing!

[$Andreyka$]

Could you give an answer about this ? or this bounty campaign already end ?

Please clarify this.

[cruet criet]

I will consider to join this project . It sounds interesting and I will not miss this coin .

to join from the gift you also need to market this project .. thanks for following this project good luck

[cruet criet]

this project is very promising I hope this project runs smoothly and there are no obstacles whatsoever

[cruet criet]

so the max cap is 12.5M or 25M?


your write up on https://experimental.wings.ai/#!/home/project/0xf32c9679b7794b10D6BD31F3E83613C71Ae56Cbc/info
is hard to understand....

These are Offcial website for Gladius? (Link directly didn't working). I got information for Hard cap Gladius is 12,500,000 USD.
Offcial Website for Gladius are https://gladius.io/ .

very interesting and awesome .. i hope for the success of this project

[MofoMF]

Why do u ask for the photo id in the ico sale ?!
This is the first ico i am seeing that asks for photo id ..

[topesis]

I like the idea, but what i don't know is if the project will be a Proof of work or Proof of Stake, since one of the downside of project on blockchain is speed, how is the team going to deal with this when the system is being D-Dos

[Adya]

Why ico delay so far..project will fall or there will be competitors. Member my words. Everybody knows it always happend.

[idoycodet]

I have been looking at cryptocurrency for sometime now. It really is a once and a lifetime opportunity.
There are lots of scams but if one does research and investigation there is a lot to learn.
I have researched Gladius.

[Franky2010]

Good read about Gladius Project. http://usethebitcoin.com/make-money-pc-turned-gladius-io-network/

[ICOnow]

Gladius Network ICO listed on ICOnow.

http://iconow.net/gladius-is-the-decentralized-solution-to-protect-against-ddos-attacks/   

[bitcoin9999]

Why ico delay so far..project will fall or there will be competitors. Member my words. Everybody knows it always happend.

the ico is not delayed.  they are having the sale right now.