[ANN] GoNetwork - ICO by Winners of ETHWaterloo - World's Largest ETH Hackathon!

[ninjaskip]

The hard cap of the tokensale decreases with time. This allows you to make the token purchase when hardcap drops to the level that you are comfortable with. By the time we reach the hard cap, the auction will end. Some of you have concerns that the dutch auction will start at a higher price, and end at a lower price. You should not be worried. At the end of the auction, every buyer will be adjusted to pay for the same, lowest price that a GoToken was sold for. Therefore, no matter you came in early or late, you will all end up paying for the same price per token.

The dutch auction earlier announced by the team in their Telegram Channel is also subject to change. And all that won't happen should the team don't make the much needed arrangements to get the project on the road. Currently it'd at a stand still. The story has been the same since December 2017.

They really do not understand what to do and it is clear that behind the project are good programmers but apparently just zero managers and PR people. Many investors who wanted to enter at the beginning now already think and why do we need this if the team itself is not in a hurry at all?

I thought the GoNetwork is backed by a horde of professionals to get their project going as they had so much publicity when they started?

They became popular because they won the competition in a growing market, now few people remember about this victory and the market has strongly gone down. It did not happen so that if they go out for sale they will not be able to collect even minimal amounts. Any rocket that is long worth can rust at the end.

Ok I misjudged that a little bit then. I thought back when they won the competition they also were granted support by professionals and several more extras. Are they a small team on their own now?

On their website, their team has three members and a few advisors, but as an ambitious project scaling ethereum platform, think they have more team members that is not announce/listed on their website. Plus, the three team founders are quite talented!

Team size does matter but in the end it isn't important whether you have 10 people on the team or 20. It is more important that they know what they are doing.

The founders of their team have excellent track of records, plus, they are working on legal structure to set up ICO and crowdsale

I have no doubt they have excellent track records, but don't forget cryptocurrency is a new experimental field for literally everybody.

[1714990195]

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[1714990195]

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[maot4]

Tell me, how can I participate in this project without investing in personal funds? I hope this project will be a successful hug!

By joining the bounty: https://bitcointalk.org/index.php?topic=2349485.0
Or the airdrop if you have minimum 0.01 ETH: https://gonetwork.co/airdrop

Whats the amount of airdrop per participant?

[Nelly.G0211]

Tell me, how can I participate in this project without investing in personal funds? I hope this project will be a successful hug!

By joining the bounty: https://bitcointalk.org/index.php?topic=2349485.0
Or the airdrop if you have minimum 0.01 ETH: https://gonetwork.co/airdrop

that's right, you can participate in their bounty, but i would recommend you to find some new information about this project. as far as i know they didn't have any spreadsheets, so bounty participants couldn't check the amount of the stakes given. i find it very inconvenient and risky. no dates - another problem..

[eprocent]

Tell me, how can I participate in this project without investing in personal funds? I hope this project will be a successful hug!

By joining the bounty: https://bitcointalk.org/index.php?topic=2349485.0
Or the airdrop if you have minimum 0.01 ETH: https://gonetwork.co/airdrop

Whats the amount of airdrop per participant?

Hello @maot4. In first OP of this thread is all informations about the airdop, but here I post for you some details. Bellow you can read about the airdop:

"The GOT you will receive will be equal to the ETH you have in your wallet the distribution will happen 2 to 4 weeks after the ICO. Eth balance will be check during those weeks.
GOT Shares:
Scout               0.01 ETH  0.01%~3,000 GOT     1-24h Delivery
Dealer              0.1 ETH    0.02%~6000 GOT     1-12h Delivery
Expert              1 ETH       0.03%~9,000 GOT     1-6h Delivery
Broker              10 ETH     0.05%~ 15,000 GOT    1-3h Delivery
Entrepreneur    100 ETH    0.1%~30,000 GOT    0-2h Delivery
Tycoon             200 ETH    0.2%~60,000 GOT     0-1h Delivery"

Good luck!

[DrearyUrbanite]

I think taking too long in announcing their ICO after launching the project has been a set back for them, whatever the delay is they should have been very open to the community about it, but they seem to be a talented bunch

Beside Hero Token ICO, this is another great project that test the investor patience, but I think GoNetwork, the winner for Ethwaterloo, will be a great project to follow

maybe, but there is a possibilty that they haven't announced anything yet, cause there is nothing to announce. crypto situation is challenging itself, and they make their potential investors cancel their plans of investing.

I think a lot of investors had no clue what this ETHWaterloo contest was about and whether it was a huge or a small event. They just read the title and they thought it lends a lot of credibility to the project in general.

that's right, I used to check their twitter for any updates, but there haven't been any new tweets posted since the middle of February.. this is very strange.. so honestly, i wouldn't risk my money for such a project.

Even though we don't know whether they are a bad or good team, it is exactly the sentiment that many people must be feeling. That's a huge problem.

[onghau]

Hello Gonetwork, just checked the website, any idea when Gonetwork launches white paper and public crowdsale?

[LaScuderia]

I think taking too long in announcing their ICO after launching the project has been a set back for them, whatever the delay is they should have been very open to the community about it, but they seem to be a talented bunch

Beside Hero Token ICO, this is another great project that test the investor patience, but I think GoNetwork, the winner for Ethwaterloo, will be a great project to follow

maybe, but there is a possibilty that they haven't announced anything yet, cause there is nothing to announce. crypto situation is challenging itself, and they make their potential investors cancel their plans of investing.

I think a lot of investors had no clue what this ETHWaterloo contest was about and whether it was a huge or a small event. They just read the title and they thought it lends a lot of credibility to the project in general.

that's right, I used to check their twitter for any updates, but there haven't been any new tweets posted since the middle of February.. this is very strange.. so honestly, i wouldn't risk my money for such a project.

Even though we don't know whether they are a bad or good team, it is exactly the sentiment that many people must be feeling. That's a huge problem.

I think in the end everything will be decided, the simplicity of itself is more zodiacal from the bottom and the speedy launch of ico.
After all, they are just entering the growing market.

[DrearyUrbanite]

I think taking too long in announcing their ICO after launching the project has been a set back for them, whatever the delay is they should have been very open to the community about it, but they seem to be a talented bunch

Beside Hero Token ICO, this is another great project that test the investor patience, but I think GoNetwork, the winner for Ethwaterloo, will be a great project to follow

maybe, but there is a possibilty that they haven't announced anything yet, cause there is nothing to announce. crypto situation is challenging itself, and they make their potential investors cancel their plans of investing.

I think a lot of investors had no clue what this ETHWaterloo contest was about and whether it was a huge or a small event. They just read the title and they thought it lends a lot of credibility to the project in general.

that's right, I used to check their twitter for any updates, but there haven't been any new tweets posted since the middle of February.. this is very strange.. so honestly, i wouldn't risk my money for such a project.

Even though we don't know whether they are a bad or good team, it is exactly the sentiment that many people must be feeling. That's a huge problem.

I think in the end everything will be decided, the simplicity of itself is more zodiacal from the bottom and the speedy launch of ico.
After all, they are just entering the growing market.

I don't think I understood what you were trying to say. Could you rephrase that in more comprehensible terms?

[tientien1]

If you have filled the whitelist, you are already in our database and mailing list to receive further update regarding to the tokensale and KYC. Please subscribe to our announcement channel for future updates.

[yassinebenouhoud]

The team had gone through a lot of research and thoughts before deciding to go with a dutch auction. The decision was made for the benefit and fairness of the broader community.  1. We want to avoid creating a gas war like many other projects. We believe it’s ridiculous for our supporters to pay $800USD in gas for an allocation of 1-2ETH or even less. While it’s not a big number for someone who comes in with 100ETH, but it does become a nightmare for those who are planning to contribute 1ETH or less, and we don’t think it’s fair.  With Dutch Auction's model, the cap on the first couple of days is set in a way so it couldn't be reached at all. This will make it possible for our early believers to support with whichever the purchase amount they like; and at the same time, be able to get in with a plenty of time. We hate to have our supporters stay up late at night, or have interference with their work and study because they are trying to squeeze into our tokensale, which would only last for a matter of minutes or a few hours. Our goal is to create a better and happier community, by achieving our vision of bringing cryptocurrency to the masses. Not introduction of misery at the very start of the project with tokensales. Furthermore, with Dutch Auction model, every buyer will be paying the same price per token at the end. If the last buyer in the auction was lucky enough to purchase GoToken at the cheapest price, then every single buyer will end up paying that lowest possible price. 

[nguyen0806]

they seems cancelling their crowdsale. what a strategy

[eduardocastellano]

Gas wars are not an issue anymore. That was prevalent late 2017 and jan 2018. I rather see an individual cap of, say, 2eth with guaranteed allocation. Much more participants and well spread holdership

[kimthien291]

i am participating in signature bounty starting from this week. but the campaign started in november, and still the registration is open.. i am starting to think that bounty participants won't get acceptable and adequate money.. and still no information about the dates of ico

[davidzhl]

i am participating in signature bounty starting from this week. but the campaign started in november, and still the registration is open.. i am starting to think that bounty participants won't get acceptable and adequate money.. and still no information about the dates of ico

official website said  Signature bounty will end at the end of may, is now in private, public offering date still need to wait.

[vothuong1]

i am participating in signature bounty starting from this week. but the campaign started in november, and still the registration is open.. i am starting to think that bounty participants won't get acceptable and adequate money.. and still no information about the dates of ico

official website said  Signature bounty will end at the end of may, is now in private, public offering date still need to wait.

Guess the ICO will starts sometimes in May? any idea when Gonetwork white paper will be release?

[vothuong1]

The team had gone through a lot of research and thoughts before deciding to go with a dutch auction. The decision was made for the benefit and fairness of the broader community.  1. We want to avoid creating a gas war like many other projects. We believe it’s ridiculous for our supporters to pay $800USD in gas for an allocation of 1-2ETH or even less. While it’s not a big number for someone who comes in with 100ETH, but it does become a nightmare for those who are planning to contribute 1ETH or less, and we don’t think it’s fair.  With Dutch Auction's model, the cap on the first couple of days is set in a way so it couldn't be reached at all. This will make it possible for our early believers to support with whichever the purchase amount they like; and at the same time, be able to get in with a plenty of time. We hate to have our supporters stay up late at night, or have interference with their work and study because they are trying to squeeze into our tokensale, which would only last for a matter of minutes or a few hours. Our goal is to create a better and happier community, by achieving our vision of bringing cryptocurrency to the masses. Not introduction of misery at the very start of the project with tokensales. Furthermore, with Dutch Auction model, every buyer will be paying the same price per token at the end. If the last buyer in the auction was lucky enough to purchase GoToken at the cheapest price, then every single buyer will end up paying that lowest possible price. 

with the Dutch auction, token sale price will be more fair, and prevent whales from accumulating Gonetwork tokens

[vianhh123123]

As for the dates and details on KYC/Tokensale/token metrics/exchanges, please be patient. The team is working to finalize the legal structure for the company. We should have an update regarding to details on KYC at the end of March. We are planning on doing a dutch auction like Raiden. More details will be released in our announcement channel.

[kand19299]

. On the first payment, he didn't received any. He contacted the manager of the campaign but it didn't say anything. So he just left the campaign.

[davidzhl]

i am participating in signature bounty starting from this week. but the campaign started in november, and still the registration is open.. i am starting to think that bounty participants won't get acceptable and adequate money.. and still no information about the dates of ico

official website said  Signature bounty will end at the end of may, is now in private, public offering date still need to wait.

Guess the ICO will starts sometimes in May? any idea when Gonetwork white paper will be release?

Have started to process private presale since April 18th. The details of KYC for public tokensale will be announced in a few weeks.

[magisterr]

i am participating in signature bounty starting from this week. but the campaign started in november, and still the registration is open.. i am starting to think that bounty participants won't get acceptable and adequate money.. and still no information about the dates of ico

official website said  Signature bounty will end at the end of may, is now in private, public offering date still need to wait.

Guess the ICO will starts sometimes in May? any idea when Gonetwork white paper will be release?

Have started to process private presale since April 18th. The details of KYC for public tokensale will be announced in a few weeks.

Private pre-sale still ongoing? Which discounts and when main sale starts? What overall hardcap? Why any info?