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Author Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!]  (Read 37710 times)
BillionDollarMan
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January 30, 2018, 06:41:18 AM
 #1461

There is red flag here, Credits says Nitin Gaur (Director at IBM Blockchain Labs) is advisor, but when I check his linkedin, nothing about Credits. I even send message to him at Linkedin, asking his confirmation as advisor at Credits, he do not answer.
Grin And what do you want to say? Do you think that he must to answer you only because it's you?)) i will open your eyes now, popular people have thousands of messages in their SM channels, and they are really busy and can npt reply to everyone.

How do you check Credits's claim about advisors is valid. Actually, Nintin Gaur did reply me but he did not answer me directly, I quote his reply message: "Apologies for delayed response, I was at WEF in Davos. Please send a note to rpalma@cr.ibm.com for a quick call." I wrote email to this addree, no reply.

Everyone can answer you and claim being the advisor, it can be a 7-year old on a laptop for all we know.

If you want to check the validity of a person, run a trace on all his/her listed credentials. All individuals leave a trail, especially when doing business via the www, and most countries have published their public record/registration databases online over the last decade.

If you don't trust fully trust a company or a person and you have a contact address, you can also use Google streetview/earth to check it out. You can as well just give one of the neighbors a call and politely inform about the contact address you want to check Smiley You can do this as well with the address of any individual of course.

Nitin gaur should not be reason to invest or not and anyway he is not Buterine to make a real impact. You should focus on whether the most improbable claim of 1M tps is real or not?
BroganBloodstone
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January 30, 2018, 12:36:32 PM
 #1462

Dev, can you explain why credits are looking to raise $20mil, yet given price of each coin the circulating market cap would be closer to $150mil?
And Tokens will be unlocked after ICO this means that it will unlock immediately after the distribution or after a few days ?

This is a very good question and I would also like to know the answer. Anyone from Credits team here?
Ron302
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January 30, 2018, 01:36:49 PM
 #1463

Why did you decide to start with an ERC20 token and not to start directly with the coin?
xdbitcoin
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January 30, 2018, 01:40:12 PM
 #1464

What percentage of tokensales revenue is reserved for marketing?
babos8383
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January 30, 2018, 02:09:18 PM
 #1465

In my opinion, credit is evil, especially with such an unstable market

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BillionDollarMan
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January 30, 2018, 02:12:06 PM
 #1466

In my opinion, credit is evil, especially with such an unstable market

They should have used name debits  Huh Huh Hoping for a ripple killer, evil vs evil  Tongue
Deborah
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January 30, 2018, 02:16:51 PM
 #1467

In my opinion, credit is evil, especially with such an unstable market

They should have used name debits  Huh Huh Hoping for a ripple killer, evil vs evil  Tongue


so CREDITS  may be next ripple Huh ,everybody take part in this project will happy in future. Cheesy
pubix
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January 30, 2018, 03:45:35 PM
 #1468

It would be great if the teams sets the gas rules like arcblock did.
So gwei and limit MUST be XXXXX antherwise your transaction gets rejected and they take 20% of it.
That way we would all have same chances of getting in. This gas wars nowdays is killing us.
Karl Max
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January 30, 2018, 04:09:54 PM
 #1469

Astralcrypto has published CREDITS blockchain project summary and details. The article compares CREDITS to existing projects, tells about our team and advisors and mentions potential challenges the project may face.

«Credits is a unique project with many technological superiorities to its competition. It features massive speeds, low costs, and unprecedented levels of scalability and security for a blockchain platform. The Credits team has ambitious goals, which they must achieve to compete in such a fast-moving industry. If Credits can meet their deadlines, provide the technology they promise, and successfully market their product, the Credits team could see a lot of success and potentially become another goliath in the blockchain industry. Any slip ups, and they may fall behind and possibly struggle to recover the momentum necessary to become a big name in the crypto industry. The Credits team has personally impressed me with their ambition, growth, responsiveness to the community, and technology driven focus.»

https://www.astralcrypto.com/2018/01/27/credits-an-upcoming-third-generation-high-speed-high-scaling-low-fee-blockchain-project/


Karl Max
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January 30, 2018, 04:17:02 PM
 #1470

We've reached 15K followers in our Telegram group!
Our Telegram group admins are available 24/7 to help our constantly growing community. Do not hesitate to ask your questions, we are ready to help! Thank you for your interest and support!
If you still haven’t joined our Telegram group, here’s a link.
Stay informed about latest news with our Telegram channel!

https://t.me/creditscom


MyLuk
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January 30, 2018, 04:38:26 PM
 #1471

Dev, can you explain why credits are looking to raise $20mil, yet given price of each coin the circulating market cap would be closer to $150mil?
And Tokens will be unlocked after ICO this means that it will unlock immediately after the distribution or after a few days ?

This is a very good question and I would also like to know the answer. Anyone from Credits team here?

From their Telegram group FAQ

14)If there are 600M tokens for sale how can the hardcap be $20M? // How will the token burn work?
- 20M $ is hardcap, the rate is static 1 ETH = 5000 CS, We have 60% of tokens for sale (600M CS). As you see the hardcap will be reached without all the ICO tokens getting sold. These tokens will get burned. The tokens left will be the new 60% and rest of the tokens will be allocated and burned accordingly.
cerealcreep
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January 30, 2018, 05:30:04 PM
 #1472

We've reached 15K followers in our Telegram group!
Our Telegram group admins are available 24/7 to help our constantly growing community. Do not hesitate to ask your questions, we are ready to help! Thank you for your interest and support!
If you still haven’t joined our Telegram group, here’s a link.
Stay informed about latest news with our Telegram channel!

https://t.me/creditscom


https://pbs.twimg.com/media/DUzRjJLXcAEcT0A.jpg:large

How can you post without answering questions from potential investors in previous posts? I was thrown out of your Telegram group by asking simple questions and bringing up points. The more you avoid questions, the more sketch you look. Why you have not closed the whitelist yet, when you're only looking to raise $20m is beyond stupid and shows this ICO will probably be another amateur hour whack-a-thon.

I love your vision and ideas but your Telegram group, where literally KIDS are your admins, is ridiculous. Why can't you [Suspicious link removed]panies understand that customer support and proper dialogue in MAIN social channels should be a priority. I know if I was promoting a new coin venture, the first thing I would be doing is easing the minds of potential investors.

Learn business!
MyLuk
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January 30, 2018, 05:36:01 PM
 #1473

Astralcrypto has published CREDITS blockchain project summary and details. The article compares CREDITS to existing projects, tells about our team and advisors and mentions potential challenges the project may face.

«Credits is a unique project with many technological superiorities to its competition. It features massive speeds, low costs, and unprecedented levels of scalability and security for a blockchain platform. The Credits team has ambitious goals, which they must achieve to compete in such a fast-moving industry. If Credits can meet their deadlines, provide the technology they promise, and successfully market their product, the Credits team could see a lot of success and potentially become another goliath in the blockchain industry. Any slip ups, and they may fall behind and possibly struggle to recover the momentum necessary to become a big name in the crypto industry. The Credits team has personally impressed me with their ambition, growth, responsiveness to the community, and technology driven focus.»

https://www.astralcrypto.com/2018/01/27/credits-an-upcoming-third-generation-high-speed-high-scaling-low-fee-blockchain-project/


https://pbs.twimg.com/media/DUzMvudXkAEaC-7.jpg:large

Link does not work
NakiRR
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January 30, 2018, 07:01:36 PM
 #1474

We've reached 15K followers in our Telegram group!
Our Telegram group admins are available 24/7 to help our constantly growing community. Do not hesitate to ask your questions, we are ready to help! Thank you for your interest and support!
If you still haven’t joined our Telegram group, here’s a link.
Stay informed about latest news with our Telegram channel!

https://t.me/creditscom



When i entered there were only 500 members  Grin can't believe !
RonMank
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January 30, 2018, 08:40:39 PM
 #1475

That project is absolutely a NO-GO for me. What can u expect from an unexperienced Team with unknown advisor.

Cant imagine that they can handle an ambitious project like this.

NakiRR
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January 30, 2018, 09:28:43 PM
 #1476

Dev, can you explain why credits are looking to raise $20mil, yet given price of each coin the circulating market cap would be closer to $150mil?
And Tokens will be unlocked after ICO this means that it will unlock immediately after the distribution or after a few days ?

This is a very good question and I would also like to know the answer. Anyone from Credits team here?
you can not even scroll up to post with FAQ ...  Grin
shivansps
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January 30, 2018, 10:09:12 PM
 #1477

Astralcrypto.com  published CREDITS blockchain project summary and details. The article compares CREDITS to existing projects, tells about our team and advisors and mentions potential challenges the project may face.

Credits is an open and decentralized blockchain platform featuring autonomous smart contracts and its own cryptocurrency. The platform will be capable of performing more than 1 million transactions per second at execution speeds of less than one second, with fees that cost only a fraction of a cent. Credits platform is targeted towards financial institutions and the Internet of Things (IoT).

https://www.astralcrypto.com/2018/01/27/credits-an-upcoming-third-generation-high-speed-high-scaling-low-fee-blockchain-project/

Credits is just around the clock! I hear credits everywhere I go. I hope I will catch some tokens during sale!

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NakiRR
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January 30, 2018, 10:14:43 PM
 #1478

That project is absolutely a NO-GO for me. What can u expect from an unexperienced Team with unknown advisor.

Cant imagine that they can handle an ambitious project like this.


as for me i can expect the real storm on the market and fast hard cap after successful Alpha release)
Koba7
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January 31, 2018, 12:37:17 AM
 #1479

1) How I can participate in this ICO?
- To participate in Credits ICO you need to send request for whitelist on website. When your application will be approved, tokens will be reserved.


Can you please explain: "tokens will be reserved."  --  Does that mean, in case I have reserved 5 ETH worth of tokens, and I am "registered for Whitelist", that I will receive these tokens for sure?  --  Even if someone else transfers his ETH faster than I do?  -- Thanks.
victor br
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January 31, 2018, 12:54:18 PM
 #1480

1) How I can participate in this ICO?
- To participate in Credits ICO you need to send request for whitelist on website. When your application will be approved, tokens will be reserved.


Can you please explain: "tokens will be reserved."  --  Does that mean, in case I have reserved 5 ETH worth of tokens, and I am "registered for Whitelist", that I will receive these tokens for sure?  --  Even if someone else transfers his ETH faster than I do?  -- Thanks.

ask them in telegram, but they said that there would be no gas wars.
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