fidentiaX (OP)
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October 16, 2017, 04:42:25 PM Last edit: October 17, 2017, 05:44:48 AM by fidentiaX |
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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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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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fidentiaX (OP)
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October 16, 2017, 04:53:59 PM |
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That's all? I did have to stop my designer for putting in more bells and whistles.... my apologies for "disappointing" you.
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jamalaezaz
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October 16, 2017, 05:34:25 PM |
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Reserved for Bounty announceent.
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Available For CM/SMM, Content Writing and Digital Marketing TG: @jamalaezaz
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xialan_lu
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October 16, 2017, 05:54:31 PM |
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i like marketplace because more useful and many ICO with marketplace concept always succes i will stay in here until ICO ends waiting for open bounty too
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fidentiaX (OP)
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October 16, 2017, 06:01:57 PM |
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i like marketplace because more useful and many ICO with marketplace concept always succes i will stay in here until ICO ends waiting for open bounty too thank you for your vote of confidence!
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Joker07
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October 16, 2017, 06:07:50 PM |
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max supply ?
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fidentiaX (OP)
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October 16, 2017, 06:22:13 PM |
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max supply ?
Max supply is at 130,000,000 fdX tokens.
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Joker07
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October 16, 2017, 06:34:21 PM |
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max supply ?
Max supply is at 130,000,000 fdX tokens. thank you and good luck
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Ncognit0
Member
Offline
Activity: 124
Merit: 10
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October 17, 2017, 02:13:47 AM |
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Bounty reservation please
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jcarl987
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October 17, 2017, 02:22:22 AM Last edit: October 17, 2017, 03:06:37 AM by jcarl987 |
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Sounds like a great concept but I can't understand the ICO prices. Surely you can't be looking to sell 100,000,000 tokens at 1 eth per 500. That would give you a target of ~$6.5bn raised from the ICO and more than $1.5bn worth of tokens going to the founders. I must be missing something.
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fidentiaX (OP)
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October 17, 2017, 03:18:56 AM |
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Sounds like a great concept but I can't understand the ICO prices. Surely you can't be looking to sell 100,000,000 tokens at 1 eth per 500. That would give you a target of ~$6.5bn raised from the ICO and more than $1.5bn worth of tokens going to the founders. I must be missing something.
hi @jcarl987, thank you very much for your question. We are putting up 100,000,000 fdX tokens for the Crowd Token Contribution at an exchange of 1ETH:500fdX, lets assume ETH is at US$330 today. 100,000,000/500*330=US$66mil. In our whitepaper, we have allocated 70% of the fund raise towards building a model porfolio with the following objectives: -Demonstrate the benefits of having tradable insurance policies in an investment portfolio. Key statistics of the portfolio will be shared on the platform (e.g. portfolio size, average yield at maturity, average investment tenure, etc.) -Facilitate trades on the platform during the initial stage, this will be done through direct acquisition of policies in a number of countries and listing them on the platform. This is necessary while we build market awareness of the first global marketplace for tradable insurance policies. -Utilize the portfolio returns (3%p.a.~4%p.a) to fund future development of the platform as well as funding a non-profit foundation to proliferate the adaptation of blockchain technology in the Insurance Industry. The total amount raised may seems to be a high number, however the insurance industry is a multi-trillion market and surrendered value in Singapore, Malaysia, Hong Kong, South Korea and Japan combined exceeds $700billion in a year. Another point we would like to highlight, founder's token are "vested" over a period of 3 years from end of Crowd Token Contribution, i.e. founders will only be allowed to release 30%/30%/40% of the tokens progressively. We are in this for the long haul.
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jcarl987
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October 17, 2017, 03:30:59 AM |
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Sounds like a great concept but I can't understand the ICO prices. Surely you can't be looking to sell 100,000,000 tokens at 1 eth per 500. That would give you a target of ~$6.5bn raised from the ICO and more than $1.5bn worth of tokens going to the founders. I must be missing something.
hi @jcarl987, thank you very much for your question. We are putting up 100,000,000 fdX tokens for the Crowd Token Contribution at an exchange of 1ETH:500fdX, lets assume ETH is at US$330 today. 100,000,000/500*330=US$66mil. In our whitepaper, we have allocated 70% of the fund raise towards building a model porfolio with the following objectives: -Demonstrate the benefits of having tradable insurance policies in an investment portfolio. Key statistics of the portfolio will be shared on the platform (e.g. portfolio size, average yield at maturity, average investment tenure, etc.) -Facilitate trades on the platform during the initial stage, this will be done through direct acquisition of policies in a number of countries and listing them on the platform. This is necessary while we build market awareness of the first global marketplace for tradable insurance policies. -Utilize the portfolio returns (3%p.a.~4%p.a) to fund future development of the platform as well as funding a non-profit foundation to proliferate the adaptation of blockchain technology in the Insurance Industry. The total amount raised may seems to be a high number, however the insurance industry is a multi-trillion market and surrendered value in Singapore, Malaysia, Hong Kong, South Korea and Japan combined exceeds $700billion in a year. Another point we would like to highlight, founder's token are "vested" over a period of 3 years from end of Crowd Token Contribution, i.e. founders will only be allowed to release 30%/30%/40% of the tokens progressively. We are in this for the long haul. My bad, sorry. I knew something was off somewhere. $66m is still a lot but it's not totally insane. I'll be keeping an eye on this, thanks for the detailed reply! P.S I think you made a mistake in one of the images in your ann post, the details for Varis Sayed.
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PoweredBy SMF
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October 17, 2017, 04:06:01 AM |
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this project has a promising future with excellent developers and a great marketing team stay waiting for bounty
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DroidR17A
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October 17, 2017, 04:09:58 AM |
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Will there be any bounty campaigns?
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fidentiaX (OP)
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October 17, 2017, 05:45:30 AM |
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Sounds like a great concept but I can't understand the ICO prices. Surely you can't be looking to sell 100,000,000 tokens at 1 eth per 500. That would give you a target of ~$6.5bn raised from the ICO and more than $1.5bn worth of tokens going to the founders. I must be missing something.
hi @jcarl987, thank you very much for your question. We are putting up 100,000,000 fdX tokens for the Crowd Token Contribution at an exchange of 1ETH:500fdX, lets assume ETH is at US$330 today. 100,000,000/500*330=US$66mil. In our whitepaper, we have allocated 70% of the fund raise towards building a model porfolio with the following objectives: -Demonstrate the benefits of having tradable insurance policies in an investment portfolio. Key statistics of the portfolio will be shared on the platform (e.g. portfolio size, average yield at maturity, average investment tenure, etc.) -Facilitate trades on the platform during the initial stage, this will be done through direct acquisition of policies in a number of countries and listing them on the platform. This is necessary while we build market awareness of the first global marketplace for tradable insurance policies. -Utilize the portfolio returns (3%p.a.~4%p.a) to fund future development of the platform as well as funding a non-profit foundation to proliferate the adaptation of blockchain technology in the Insurance Industry. The total amount raised may seems to be a high number, however the insurance industry is a multi-trillion market and surrendered value in Singapore, Malaysia, Hong Kong, South Korea and Japan combined exceeds $700billion in a year. Another point we would like to highlight, founder's token are "vested" over a period of 3 years from end of Crowd Token Contribution, i.e. founders will only be allowed to release 30%/30%/40% of the tokens progressively. We are in this for the long haul. My bad, sorry. I knew something was off somewhere. $66m is still a lot but it's not totally insane. I'll be keeping an eye on this, thanks for the detailed reply! P.S I think you made a mistake in one of the images in your ann post, the details for Varis Sayed. thanks for highlighting!
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fidentiaX (OP)
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October 17, 2017, 05:50:39 AM |
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this project has a promising future with excellent developers and a great marketing team stay waiting for bounty thank you for the endorsement!
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fidentiaX (OP)
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October 17, 2017, 05:53:15 AM |
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Will there be any bounty campaigns?
yes, please keep a look out for it.
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jamalaezaz
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October 17, 2017, 10:10:32 AM |
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this project has a promising future with excellent developers and a great marketing team stay waiting for bounty thanks for showing interest bounties will be started today.
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Available For CM/SMM, Content Writing and Digital Marketing TG: @jamalaezaz
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fidentiaX (OP)
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October 17, 2017, 02:57:20 PM |
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Ok this looks a very very interesting blockchain project.
Thank you! Please tell your friends about us! Subscribe to our YouTube channel and join our telegram group!
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