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mrpetem
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December 18, 2017, 06:39:04 PM |
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It's good that there is no exchange yet.
Otherwise people would dump and devalue the token.
i agree,for good projects like this its best to delay going on exchange,no need to rush.
Thats the idea. If we put it on the exchange straight away, it will allow for pump and dumps. We want to allow ourselves time to generate a really user adoption first. By people actually using the token for what it was designed for, will increase its value, which of course we want as a company, but also for our contributors. The token will be listed on an exchange, but like I said that won't be planned for until after the next token sale event. Our priority is to ensure its value increases for our contributors through user adoption. ~ Jake Ashby, General Manager TriForce Tokens I just need to clarify here - we are in discussions with some exchanges and have a strategy in place, as Blake Pope our PR partner is well connected for this. It is certainly one of our priorities to get our token listed on reputable exchanges but only so much can be done at this stage without having finalised our token sales. This will be the same for every other crypto start-up project. ~ Pete Mardell, CEO TriForce Tokens |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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SpockSenior
Member
 Offline
Activity: 406
Merit: 13
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December 18, 2017, 06:40:49 PM |
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Its is better to get an early start, it gives us time create a following and hype around our products and services.
~ Jake Ashby, General Manager TriForce Tokens
But sometimes hype trains crash and leave a nasty scar in the community There were so many hype trains and dumps that people got used to it.So many ICO on this forum have announcements for exchange listing even before coin is out,and forgetting that there is more to all this other than fast dump and moving to another project. Yes, this is why i'm very cautios with my investments |
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mrpetem
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December 18, 2017, 06:40:55 PM |
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Are there any exchanges already being planned?
Sir, EtherDelta always be first for all token. No exchanges have been planned yet. We are focusing on our technology at the moment to ensure it is ready and up to scratch for launch. After our token sale event, we will look into exchanges. Please note however that exchanges are not our priority. Gaining real user adoption of our technology and our token in our technology is our main focus, as this is what will increase the value of the token. We have no issue with people trading our token on the exchanges, however it will not increase its value, if it does, by marginal amounts compared to user adoption. ~ Jake Ashby, General Manager TriForce Tokens ok, there is no currenty exchange. Where you send coin when someone buy, for example in pre-ICO? You gone send it aftre ICO? All tokens will be distributed during or just after the next token sale event. They will be sent to ERC20 wallet addresses that contributors have provided us with. ~ Jake Ashby, General Manager TriForce Tokens Tokens are going to be distributed immediately however they will be locked until token sale completion. ~ Pete Mardell, CEO TriForce Tokens |
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nnekic86
Member
Offline
Activity: 240
Merit: 10
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December 18, 2017, 06:42:09 PM |
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It's good that there is no exchange yet.
Otherwise people would dump and devalue the token.
i agree,for good projects like this its best to delay going on exchange,no need to rush. all new alt coin you gone get after sale... so there is no way to dump price... but your point is right. |
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nnekic86
Member
Offline
Activity: 240
Merit: 10
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December 18, 2017, 06:43:10 PM |
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Are there any exchanges already being planned?
Sir, EtherDelta always be first for all token. No exchanges have been planned yet. We are focusing on our technology at the moment to ensure it is ready and up to scratch for launch. After our token sale event, we will look into exchanges. Please note however that exchanges are not our priority. Gaining real user adoption of our technology and our token in our technology is our main focus, as this is what will increase the value of the token. We have no issue with people trading our token on the exchanges, however it will not increase its value, if it does, by marginal amounts compared to user adoption. ~ Jake Ashby, General Manager TriForce Tokens ok, there is no currenty exchange. Where you send coin when someone buy, for example in pre-ICO? You gone send it aftre ICO? All tokens will be distributed during or just after the next token sale event. They will be sent to ERC20 wallet addresses that contributors have provided us with. ~ Jake Ashby, General Manager TriForce Tokens Tokens are going to be distributed immediately however they will be locked until token sale completion. ~ Pete Mardell, CEO TriForce Tokens I presume the reason is because of dumping coin price? |
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ekurtovic
Full Member
Offline
Activity: 210
Merit: 100
Bosnia...
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December 18, 2017, 06:46:49 PM |
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sorry maybe dumb question and maybe you all-ready said, but...
What wallet player can use? Is there special TFT wallet or some other?
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mrpetem
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December 18, 2017, 07:21:24 PM |
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Are there any exchanges already being planned?
Sir, EtherDelta always be first for all token. No exchanges have been planned yet. We are focusing on our technology at the moment to ensure it is ready and up to scratch for launch. After our token sale event, we will look into exchanges. Please note however that exchanges are not our priority. Gaining real user adoption of our technology and our token in our technology is our main focus, as this is what will increase the value of the token. We have no issue with people trading our token on the exchanges, however it will not increase its value, if it does, by marginal amounts compared to user adoption. ~ Jake Ashby, General Manager TriForce Tokens ok, there is no currenty exchange. Where you send coin when someone buy, for example in pre-ICO? You gone send it aftre ICO? All tokens will be distributed during or just after the next token sale event. They will be sent to ERC20 wallet addresses that contributors have provided us with. ~ Jake Ashby, General Manager TriForce Tokens Tokens are going to be distributed immediately however they will be locked until token sale completion. ~ Pete Mardell, CEO TriForce Tokens I presume the reason is because of dumping coin price? Yes this is a standard practice now - it's so we remain the authority for token issuance. ~ Pete Mardell, CEO TriForce Tokens |
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mrpetem
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December 18, 2017, 07:22:41 PM |
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sorry maybe dumb question and maybe you all-ready said, but...
What wallet player can use? Is there special TFT wallet or some other?
Not a dumb question at all  The wallet will be in-built into the application we are building that can be utilised on multiple devices. It will be purely for TFT so that users can manage their balances within the connected applications. ~ Pete Mardell, CEO TriForce Tokens |
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ekurtovic
Full Member
Offline
Activity: 210
Merit: 100
Bosnia...
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December 18, 2017, 07:40:03 PM |
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sorry maybe dumb question and maybe you all-ready said, but...
What wallet player can use? Is there special TFT wallet or some other?
Not a dumb question at all The wallet will be in-built into the application we are building that can be utilised on multiple devices. It will be purely for TFT so that users can manage their balances within the connected applications. ~ Pete Mardell, CEO TriForce Tokens thx for answer And another one: Can they make withdraw to some exchange in the future? |
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Tropwal
Newbie
Offline
Activity: 126
Merit: 0
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December 18, 2017, 08:51:18 PM |
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It's good that there is no exchange yet.
Otherwise people would dump and devalue the token.
i agree,for good projects like this its best to delay going on exchange,no need to rush.
Thats the idea. If we put it on the exchange straight away, it will allow for pump and dumps. We want to allow ourselves time to generate a really user adoption first. By people actually using the token for what it was designed for, will increase its value, which of course we want as a company, but also for our contributors. The token will be listed on an exchange, but like I said that won't be planned for until after the next token sale event. Our priority is to ensure its value increases for our contributors through user adoption. ~ Jake Ashby, General Manager TriForce Tokens I just need to clarify here - we are in discussions with some exchanges and have a strategy in place, as Blake Pope our PR partner is well connected for this. It is certainly one of our priorities to get our token listed on reputable exchanges but only so much can be done at this stage without having finalised our token sales. This will be the same for every other crypto start-up project. ~ Pete Mardell, CEO TriForce Tokens Yes ,of course eventually you will get listed on exchange,but what i like about this project is that this is not in focus,like in so many other ICO.You are playing long game,and thats what i like about TriForce project so far. |
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Desmozgenes
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December 18, 2017, 08:55:35 PM |
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You said earlier that we will be able to buy TFT using FIAT currency.How will you determin the current price of TFT,will you choose some exchange and go by the price there or you will have your own exchange rate?
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PuryLock
Jr. Member
Offline
Activity: 350
Merit: 3
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December 18, 2017, 09:06:35 PM |
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I read on first page that there will be some fee for player to player transaction.Have you decided about the amount,will it be fixed price or some percentage maybe?
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SpockSenior
Member
Offline
Activity: 406
Merit: 13
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December 18, 2017, 09:38:31 PM |
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What will the transfer fee be? From wallet to wallet?
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PuryLock
Jr. Member
Offline
Activity: 350
Merit: 3
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December 18, 2017, 10:02:30 PM |
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What will the transfer fee be? From wallet to wallet?
No,i mean from player to player.As i understand,you will be able to pay some other player for his services,or items.And its mentioned there will be transaction fee.But what i would like to know is how that fee will be set up. |
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mrpetem
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December 18, 2017, 10:04:51 PM |
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sorry maybe dumb question and maybe you all-ready said, but...
What wallet player can use? Is there special TFT wallet or some other?
Not a dumb question at all The wallet will be in-built into the application we are building that can be utilised on multiple devices. It will be purely for TFT so that users can manage their balances within the connected applications. ~ Pete Mardell, CEO TriForce Tokens thx for answer And another one: Can they make withdraw to some exchange in the future? Yes, since it is a standard ERC-20 token there will be the ability to withdraw to any wallet address that the user wishes. ~ Pete Mardell, CEO TriForce Tokens |
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mrpetem
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December 18, 2017, 10:07:59 PM |
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You said earlier that we will be able to buy TFT using FIAT currency.How will you determin the current price of TFT,will you choose some exchange and go by the price there or you will have your own exchange rate?
Good question. Inside our applications and network, price will be determined by all users on that network. So it will effectively be the community that determines the price, but using our internal exchange systems. Of course, when it is listed on other exchanges people will be able to trade on those. Our primary focus is to deliver on real world user adoption - and the audiences we are targeting are not necessarily going to understand the crypto world and how to actually buy from exchanges. So our systems will simplify this process for them and it will be done through simple User Interfaces that non-crypto people can use. ~ Pete Mardell, CEO TriForce Tokens |
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mrpetem
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December 18, 2017, 10:11:24 PM |
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I read on first page that there will be some fee for player to player transaction.Have you decided about the amount,will it be fixed price or some percentage maybe?
Yes another great question. The transaction fee's will be determined by the application owner (game developers). Any transaction fees will be transparent and visible to all users who will need to confirm they accept it. So this will discourage bad actors from putting in massive fees. We are considering putting a limiter on it, however this can only be determined through real world testing. It wouldn't make sense for us to say "It will be fixed at a maximum of 10%" because in the real world, the community will lead on that decision. ~ Pete Mardell, CEO TriForce Tokens |
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Nikosgalis1957
Full Member
Offline
Activity: 196
Merit: 100
CHIEF GROWTH OFFICER OF GLOBAL ENTERPRENEUR
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December 18, 2017, 10:44:13 PM |
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sorry maybe dumb question and maybe you all-ready said, but...
What wallet player can use? Is there special TFT wallet or some other?
Not a dumb question at all The wallet will be in-built into the application we are building that can be utilised on multiple devices. It will be purely for TFT so that users can manage their balances within the connected applications. ~ Pete Mardell, CEO TriForce Tokens So users won't be able to store some other currency in the wallet, like ETH? It will be for TFT only? |
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MrSlave
Member
Offline
Activity: 420
Merit: 11
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December 19, 2017, 07:37:48 AM |
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First time i hear of it, but i'm hoping this is true!
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SpockSenior
Member
Offline
Activity: 406
Merit: 13
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December 19, 2017, 07:38:54 AM |
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What will the transfer fee be? From wallet to wallet?
No,i mean from player to player.As i understand,you will be able to pay some other player for his services,or items.And its mentioned there will be transaction fee.But what i would like to know is how that fee will be set up. Ah i understand now what you mean |
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