OST | SIMPLE TOKEN -- Blockchain Infrastructure Empowering New Economies

[TheSimpleToken]

We are so close to hit our Target of selling 100M Simple Tokens! The community would benefit by receiving a 20% Bonus!

Also, new blog post by Simple Token CEO, Jason Goldberg is live on medium.

[TheSimpleToken]

>7 November → absolute last day for private pre-sale. ($200K+ purchasers, 12 month linear monthly distribution of tokens following the sale, 1/12th per month to ensure long term commitment to the project).


where is % of privat-sale discount?
I'm afraid that people such as Ian Balinda can drop the price after ICO..

Pre-sale purchasers received an average of 27% bonus (different bonus levels were provided based on purchase size). All pre-sale purchasers shall have their ST released to them 1/12th per month over a 12 month period following the sale.

So no dumping of the Simple Tokens after the token sale

[taeewo]

Is there any airdrop or bounty for this project, it looks so promising ...

[TheSimpleToken]

Is there any airdrop or bounty for this project, it looks so promising ...

We do not currently have any bounty programme, however, part of our token reserve is dedicated to Network Accelerator Programme.

ST Accelerator grants are intended to support app developers and companies whose contributions benefit the entire OpenST ecosystem. Some examples of the types of ST Accelerator grants we envision could include:

• To some of the first Member Companies who wish to launch their own Branded Tokens powered by Simple Tokens. This could help them fund their development and implementations, incentivize and reward their developers, and provide some warm-up tokens to their users to spur the initial adoption.
• To developers working to build on and expand the capabilities of the OpenST protocol.
• To developers creating software modules to help companies manage their token economies, such as KYC-as-a-service, analytics, monitoring, notifications, and economy visualizations.
• To designers offering proposals for wallet skins, token branding, and other user experience enhancements.

More information could be found in our documents section of our website.

[TheSimpleToken]

78% of our Target is achieved!

[TheSimpleToken]

>7 November → absolute last day for private pre-sale. ($200K+ purchasers, 12 month linear monthly distribution of tokens following the sale, 1/12th per month to ensure long term commitment to the project).


where is % of privat-sale discount?
I'm afraid that people such as Ian Balinda can drop the price after ICO..

Ian Balina just did a live AMA with our CEO Jason Goldber - worth checking it out https://youtu.be/QPBQV34lKfo!

[jmxcursi]

We added Simple Token to the Cheddur app (https://www.cheddur.com/) to help everyone learn about the ICO in a quick and easy way, and to decide whether or not to invest. Cheddur also allows you to link wallets, exchanges, and other services that support ST tokens so that you can easily get started. You can also post your ST addresses to start receiving tips / payments / donations in ST tokens.

What do you guys think about Simple Token? Scam? Legit? Leave a review on the Cheddur app to let others know what you think! If consensus is that it's a scam, it'll appear lower and lower in search results. If consensus is that it's legit, it'll appear higher in search results and more new users are likely to discover the ICO and invest.

Screenshots:

https://i.imgur.com/24qICdr.png

https://i.imgur.com/TSOMBiF.png

https://i.imgur.com/EQxm4oM.png

[TheSimpleToken]

80% of our Target is achieved!

[TheSimpleToken]

Important Update: Price Adjustments Based on ETH Fluctuations During ST Token Sale - Public sale 15% discretionary bonus based on ETH fluctuations.

[TheSimpleToken]

89% of Target achieved. When it's achieved, all participants get 20% Bonus.

[jimhuang]

very interesting project , will keep my eyes on it

[TheSimpleToken]

92% of Target achieved. When it's achieved, all participants get 20% Bonus. So close!

[chriswa]

Need to add more companies in platform

[TheSimpleToken]

We just reached the ST Target of 100 million Simple Tokens sold! That means all participants get 20% bonus in addition to the 15% ETH bonus for a total of 35% bonus! Participate now so we can reach our next goal: 120 million Simple Tokens sold, which activates a 25% bonus (+15% ETH bonus).

[TheSimpleToken]

Need to add more companies in platform

Hi Chris. At this time we have over 40 companies looking to build on Simple Token.

[Kosmog]

It looks good. I'll invest, but I have few questions:

I see a 15% bonus is awarded because of ETH increase. ETH increased more than 15%.

1.This bonus will be adjusted?


Some math:

For $299.85 freezed ETH price  you get 3598.214 ST  + 15% bonus, that's 4137.9461 ST
For $399 ( current ETH price ) you get 4788.01862931 ST


2. By the way, how is the bonus from sale calculated, 3598.214 ST  + 35% or 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST

 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST  sounds the right way, because 3598.214 ST +15%  is the token amount you could have bought with ETH and then you receive sale bonus of 20-25% or whatever that will be


Thanks !

[TheSimpleToken]

It looks good. I'll invest, but I have few questions:

I see a 15% bonus is awarded because of ETH increase. ETH increased more than 15%.

1.This bonus will be adjusted?


Some math:

For $299.85 freezed ETH price  you get 3598.214 ST  + 15% bonus, that's 4137.9461 ST
For $399 ( current ETH price ) you get 4788.01862931 ST


2. By the way, how is the bonus from sale calculated, 3598.214 ST  + 35% or 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST

 3598.214 ST +15% = 4137.9461 ST + 20% = 4965.53532 ST  sounds the right way, because 3598.214 ST +15%  is the token amount you could have bought with ETH and then you receive sale bonus of 20-25% or whatever that will be


Thanks !

We made a one-time across the board dicsretionary bonus of 15% to all participants in consideration of ETH rises during the token sale. We then provided an additional 20% bonus when the Target was hit, and will provide another 5% bonus when the Kicker is hit.

There will not be any other ETH Price bonuses.

As for your second question, the bonus will be calculated from the base - 3598.214 ST  + 35%.

Hope this clarifies things.

[joncoinsnow]

hello dev if i invest today am i considered for 20% bonus?  even the kicker wont be reach?

[TheSimpleToken]

hello dev if i invest today am i considered for 20% bonus?  even the kicker wont be reach?

Yes, all buyers get 35% bonus right now. (15% discretionary bonus based on ETH fluctuations + 20% Community Bonus for hittig 100M STs sold)!

[ruthbabe]

Nice one! It's a very interesting project indeed. I'm waiting for their bounty thread to participate and contribute but maybe they did not need that because their ICO was very successful. My congratulations, anyway.