[ANN][ICO] NITRO:🔥Fuelling the Video Games Economy🔥 Crowdsale now live!

[Jeiwan]

There's no soft cap for the ICO. What's the reason behind this? What if you won't reach the 75k ETH goal? Will you start the project anyway?

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[erikstarfish]

Is there gonna be another opportunity to acquire Nitro coins ?

I believe Nitro will be having their main crowdsale from December 1 to 26. 1 ETH = 800 NOX, but there will be a bonus of 25% for the first 24 hours, and then 15% for the next two days. You should visit their website nitro.live to be part of the whitelist.

[magisterr]

Pre-sale finished already? They raised 3 mln on pre-sale? How much they want to raise on ICO ?

[Mops]

Hello. My friends told me that Nitro can contribute additional funds to the already invested projects in order to stimulate their development. In this case, will the amount of dividends paid by the game studio also change or remain the same?

[seriosman]

Greetings to everybody. Do you think there is a maximum limit on the amount of funds allocated to a particular project? In general, I think that it would be more logical to discuss this with each game studio, because each computer game is unique and each requires a different amount of money to develop.

[mr001]

https://medium.com/@dennyk/why-and-how-the-cryptobubble-will-burst-de9bc7fc5332

[erikstarfish]

Pre-sale finished already? They raised 3 mln on pre-sale? How much they want to raise on ICO ?

Yes pre-sale has already finished, and so the main crowdsale begins on December 1! I believe the target is 75 000 ETH.

[seriosman]

Hello to everybody. Can you please tell how many days will ICO last?

[coin63]

Hello to everybody. Can you please tell how many days will ICO last?

Good evening. As far as I know, Nitro’s ICO will start on December 1 and will last 26 days, that is until December 26

[flaier]

Hello to everybody. Can you please tell how many days will ICO last?

Good evening. As far as I know, Nitro’s ICO will start on December 1 and will last 26 days, that is until December 26

Indeed , the whitelist is open for registeration now , its on https://www.nitro.live 

[pissyas]

Hello! I wish the project success and achievement of the set goals. And what incentives are there for NOX token holders to hold the token long term

[ionbefore]

I’ve seen the fact game developers can effectively stimulate players several times in the description of the project that. And can someone tell why will it be necessary to stimulate players and in what ways will this be done?

[NitroToken]

It's great that young game studios will finally get the resources to realize their bold ideas and interesting projects. But why didn’t anyone take care of the holders of the tokens? They will invest their money in the development of computer games, but no dividends are provided for them. I think it’s necessary to make sure that the financed projects allocate part of their profits to pay dividends to the coin holders.

What makes you think that there won’t be any dividends in Nitro? It would be strange if Nitro gave game studios the money that the company received from its investors. Perhaps you have not noticed, but the game studio will give Nitro 20-30% of its profit once every three months within 5 years. So the holders of the tokens will not remain wanting

That’s great. Yes, most likely, I didn’t notice it when studying the project. It turns out that the holders of the tokens will receive dividends every three months. Do you know how much of the 20-30% that Nitro will receive will be spent on dividend payments?

Not exactly. Holders of tokens will receive rewards for their services periodically, but not once in 3 months. The payout schedule and the amount that will be allocated to this are not yet determined. I think that such information will appear soon, so be sure to follow the news of the company.

I’m wondering where Nitro would take money to finance games when the money collected during the ICO will run out. After all, they do not plan a reissue of their coins.

It has been projected that the economy and eco-system will be self-sustaining from the revenue-sharing by successful funded games! In the event that Nitro really require extra funds to sustain the entire eco-system, there will be other measures taken

[NitroToken]

Good evening. There will be a 25% during the first 24 hours after the start of the ICO, and will there be any incentives for investors after that?

There will be a 15% bonus in the subsequent 48 hours, afterwhich it will be normal crowdsale rate at 1 ETH = 800 NOX.

[NitroToken]

Good afternoon. Does anyone know if NOX tokens can be used to buy in-game products in projects that are listed in the Nitro marketplace?

NOD (Nitro Dollar) tokens, which is the subtoken, will be used for inside the actual games for products, upgrades, etc.

Does it mean that I need to exchange NOX to NOD to buy any items in the game?

Yes, but do stay tuned for the exact mechanism of the conversion

[NitroToken]

I realized that any token holder will be able to exchange NOX tokens to NOD. And will it be possible to exchange NOD to NOX?

Yes, token holders will be able to freely exchange between NOX and NOD.

Will there be any commission for users when exchanging NOX and NOD coins?

NITRO charges 5% transaction fee for NOD to NOX conversion.

[NitroToken]

The reason is actually so that the community benefits from people experienced in gaming and business in general.  As veterans in gaming, we've seen time and time again that people that are unfamiliar with the industry, and evaluation companies generally, almost always make poor investment decisions.  The Nitro panel is a safeguard against this.  But even though these people are curating the list of Promising Game Studios, the ultimate decision of which of those to fund ultimately lies with the NOX token holders.

What criteria will Nitro experts use to evaluate the prospects of a particular project?

These veterans and professionals have their own set of criterias to evaluate for publishing of games. There will be more information on this soon

[NitroToken]

Hello. Do I understand correctly that Nitro users can buy official licenses for computer games on your platform? Will they have an opportunity to activate them on Steam or Origin?

Hello, I believe this part is not stated in the whitepapers at all. Games will only be in Nitro ecosystem and can't be activated in Steam or Origin.

[NitroToken]

Hello, I’ve read that you will cooperate with the Global Confederation of mobile games, so I’m wondering how this organization will help you.

They are shareholders of iCandy Interactive to advise and form strategic partnerships

[NitroToken]

Good afternoon. Will Nitro help young studios only by financing their projects? It would be great if you helped the developers of computer games in something else, then there would be a great symbiosis and cool atmosphere inside the platform.

Nitro will always be happy to provide strategic guidance and necessary resources to help these young studios and developers, drawing from their own experiences and network!