BaliScript
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December 03, 2017, 04:12:25 AM |
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Very interesting point on your website: "If the soft cap is reached, but there are still CROM tokens unsold after 14 days, these CROM tokens are transferred to the company wallet"
What does this mean and why do not you want to burn unsold tokens?
This is a bit concerning, What most ICO's nowadays do, is burn the unsold tokens after the ICO. Since there were not many transactions until now, that would mean a lot of the tokens will be in the company. I hope Crom will change this |
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Kryten12
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TREEBLOCK
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December 03, 2017, 04:20:48 AM |
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First 2m tokens sold will carry a 25% bonus, so if you buy, let’s say 1,000 tokens for 10 ETH, the Smart Contract will actually send you 1,250 tokens
checking the contract address was a good idea. really does not look like many investors. that is a bit disappointing. Thought the concept attracts more interested people. Probably the 10ETH minimum were too high. But with the 25% bonus in public ico something can change 10 ETH is very high minimum to join an ICO nowadays |
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girib1684
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December 03, 2017, 08:23:13 AM |
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First 2m tokens sold will carry a 25% bonus, so if you buy, let’s say 1,000 tokens for 10 ETH, the Smart Contract will actually send you 1,250 tokens
checking the contract address was a good idea. really does not look like many investors. that is a bit disappointing. Thought the concept attracts more interested people. Probably the 10ETH minimum were too high. But with the 25% bonus in public ico something can change 10 ETH is very high minimum to join an ICO nowadays Its not necessary to spend 10 ETH. Toekn Price is : 0.01 ETH (1 ETH = 100 CROM in ICO = 125 CROM in pre-ICO). You have to visit cromhub.com & check distribution guide. |
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ganeshramk
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December 03, 2017, 08:46:42 AM |
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Very interesting point on your website: "If the soft cap is reached, but there are still CROM tokens unsold after 14 days, these CROM tokens are transferred to the company wallet"
What does this mean and why do not you want to burn unsold tokens?
I hope that once they are transferred back to the company wallet they will be burnt otherwise that is a bit worrying because the team would hold a massive amount of tokens and they could control the price. As far as I remember, token will be sent to company wallet and locked. Now sure why they are not burning. We should form a list of questions and let CROM team answers all in one go... |
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faulerwilli
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December 03, 2017, 08:52:42 AM |
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Its not necessary to spend 10 ETH. Toekn Price is : 0.01 ETH (1 ETH = 100 CROM in ICO = 125 CROM in pre-ICO). You have to visit cromhub.com & check distribution guide.
The 10ETH were the limit for the Pre-Ico, you might have missed that. Now at Public-ico there is no longer this limit. I am like the others for burning the unsold tokens. It can only be beneficial for the value if there are fewer tokens to trade |
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truongdhnh
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December 03, 2017, 09:02:17 AM |
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Very interesting point on your website: "If the soft cap is reached, but there are still CROM tokens unsold after 14 days, these CROM tokens are transferred to the company wallet"
What does this mean and why do not you want to burn unsold tokens?
I hope that once they are transferred back to the company wallet they will be burnt otherwise that is a bit worrying because the team would hold a massive amount of tokens and they could control the price. As far as I remember, token will be sent to company wallet and locked. Now sure why they are not burning. We should form a list of questions and let CROM team answers all in one go... How can we know token will be locked forerver? It has not burned meaning it is still purposeful, investors will be affected by it. |
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ganeshramk
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December 03, 2017, 09:58:11 AM |
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Very interesting point on your website: "If the soft cap is reached, but there are still CROM tokens unsold after 14 days, these CROM tokens are transferred to the company wallet"
What does this mean and why do not you want to burn unsold tokens?
I hope that once they are transferred back to the company wallet they will be burnt otherwise that is a bit worrying because the team would hold a massive amount of tokens and they could control the price. As far as I remember, token will be sent to company wallet and locked. Now sure why they are not burning. We should form a list of questions and let CROM team answers all in one go... How can we know token will be locked forerver? It has not burned meaning it is still purposeful, investors will be affected by it. I understand your point. Its infact matter of trust on the project and is very sensitive issue. CROM team should have thought about it before the made this decision. I would like to get clarity on that to understand better their insights. what will happen if one of the team member would like to get good money overnight by dumping tokens. we are seeing this more often in this crypto world. |
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Anilg
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December 03, 2017, 10:48:46 AM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
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nesh1
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December 03, 2017, 11:10:43 AM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
That is a good thing like bitcoin then we know that it will be limited to 10m tokens i believe CROM is getting bigger and better ni their knowledge too and get a lot far with this project. |
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girib1684
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December 03, 2017, 12:16:51 PM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
That is a good thing like bitcoin then we know that it will be limited to 10m tokens i believe CROM is getting bigger and better ni their knowledge too and get a lot far with this project. Bitcoin was new that time. Hence lots people are was not aware thàt time. But crom Wil grow up very soon. Because people are interested in crypto now. |
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ganeshramk
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December 03, 2017, 12:17:53 PM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
Most important part is burning the remaining tokens after ICO. This is different than share market. If it is not burnt and kept in a safe vault it is always risky. Anytime developer team can dump it and kill the value of the tokens. So this is very important to understand clearly. Thats why we need response from CROM team. |
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cryptossi
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★Bitvest.io★ Play Plinko or Invest!
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December 03, 2017, 12:55:52 PM |
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First 2m tokens sold will carry a 25% bonus, so if you buy, let’s say 1,000 tokens for 10 ETH, the Smart Contract will actually send you 1,250 tokens
Are you sure about the first 2m tokens will get 25% bonus, if I am not wrong that bonus was only for the first 1m tokens sold. As far as I remember and I see it, bonus is applicable for the first 1 mil tokens only. as somebody said, if 1m token is alreaady sold out then CROM team should announce it officially. If team announce that, it will catch attention of many potential investors. Thats why again I am stressing about live ICO progress counter. a countdown could still be a good idea. When people see a countdown of token sold and token left, it creates a sense of urgency in them and also make them realise that they are missing out on the bonus deal, They might just be prompted to jump in quick Yeah i'm surprised the counter hasn't been implemented yet, its going to be hard for new investors to check whether the first 1m tokens have been sold or not. It would also be good for us followers of the project to check if the ICO sale is hitting targets and how popular it has been. Since there is no counter on the website, I checked their contract address ( https://etherscan.io/address/0x5F391f8253475bFFa27B2f8544994f9717aB310d). It seems like there weren't many transactions so far. So the 25% bonus should still be in place. Thanks for providing the etherscan link, I forgot you could check it that way. It would be better if they could be a bit more transparent about how many tokens they’ve actually sold. Especially if they’re keeping hold of all the unsold tokens! |
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Anilg
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December 03, 2017, 01:18:05 PM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
That is a good thing like bitcoin then we know that it will be limited to 10m tokens i believe CROM is getting bigger and better ni their knowledge too and get a lot far with this project. Yes. Also, Xmas shopping will start with full force.. Bitcoin expected to touch 15k USD by Xmas. And I am confident CROM token will be fully sold. |
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cryptossi
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December 03, 2017, 01:30:30 PM |
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There will be a fixed supply of 10.0m tokens; no more tokens will be created by the Smart Contract.
Which is good. It's like stock if any shares ...when we know supply is limited.
That is a good thing like bitcoin then we know that it will be limited to 10m tokens i believe CROM is getting bigger and better ni their knowledge too and get a lot far with this project. Yes. Also, Xmas shopping will start with full force.. Bitcoin expected to touch 15k USD by Xmas. And I am confident CROM token will be fully sold. Yeah it is good there’s a limited token supply it justifies the higher price of CROM, also some projects create too many tokens and it can reduce the value of the token because of the high supply and low demand. |
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BaliScript
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December 03, 2017, 01:47:16 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185 |
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cryptossi
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December 03, 2017, 01:51:37 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185CROM have been all over the world to promote this project, hopefully when CROM come back from Thailand they will announce even more partnerships with other projects and digital advertising conpanies. |
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BaliScript
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December 03, 2017, 02:01:41 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185CROM have been all over the world to promote this project, hopefully when CROM come back from Thailand they will announce even more partnerships with other projects and digital advertising conpanies. Yes it is impressive how active the team is in promoting the project. They have been at many conferences already. Can we find a list of the next conferences somewhere, where CROM will be present? |
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ganeshramk
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December 03, 2017, 02:03:23 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185I am curious to know if somebody is meeting them especially from this forum thread. Since we have posted lots of questions here, that person can make an intervieew video and post it here for the benefit of all of us and also potential investors. Good luck with the conference CROM team and I am sure you will come back with new partners as well as potential investors. |
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cryptossi
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December 03, 2017, 02:06:26 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185CROM have been all over the world to promote this project, hopefully when CROM come back from Thailand they will announce even more partnerships with other projects and digital advertising conpanies. Yes it is impressive how active the team is in promoting the project. They have been at many conferences already. Can we find a list of the next conferences somewhere, where CROM will be present? That would be great, I know they announce the meet ups and conferences on their telegram but it would be cool if we could see all the upcoming events they will be attending. It would be great to meet them if they went to a local event near me. |
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Anilg
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December 03, 2017, 02:27:30 PM |
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If anyone is currently in Thailand, you can meet the CROM team in Bangkok tomorrow, at the blockchain conference. Tweet: Meet us at #BlockchainWorldConference in #bangkok and talk with us about #blockchain, #cyrptocurrency and #ICO s https://twitter.com/CroMhub/status/937077944345821185Great initiative from CROM team! CROM team should conduct such conference in different different places. But I wonder why they choose Bangkok  . |
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