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Author Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!]  (Read 37709 times)
dvsrydin
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February 20, 2018, 04:30:52 PM
 #1941

To all credits community,
CREDITS completed ICO in less than 17 hours and raised 20 000 000 USD (23923,45 ETH) hard cap!
Before the start of ICO we received more than 120 000 requests for Whitelist for the total amount of $1 350 000 000. During ICO we received about 20 000 transactions from about 15 000 addresses. Thus about 15 000 contributors have become the CREDITS token holders.
Congratulations to everybody! We did it and it wouldn’t be possible without all of you!

https://credits.com/en/Home/New_Ins/4286

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

Can you comment on why you changed the rules mid ICO?

I was told I would have 2 days to transfer my ETH.  If I recall correctly the wording was similar to 'everyone will be able to get in, there will be no rush, no gas wars, etc.". The cap was decided as low and that's fine and perfect.

Why did your team decide to change it?  And change it mid ICO?  And not send out an email that it changed?

Just some basic questions from someone who was ready to invest from a month ago and missed out because of the changes.
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February 20, 2018, 10:40:01 PM
 #1942


I think you've answered your own question.

No WL, no KYC, bad Alpha, dates and rules are changing all the time, I'm not confident with this project and team.
And now I've checked this review...

I think it's a scam.

https://www.youtube.com/watch?v=DT925SE-DXM&feature=share

Thanks for the link to the video. I lost my belief  in this project after watching video. How did they reach hardcap?

One thing that we have heard, is that Credits is afraid of making all of their code public.  I agree that the prototype is important, but what if they really have something special, and are afraid to show it?  Proof of concept can be a doubled edged sword, but I appreciate your candid assessment of that. We need more developper input, before we invest. Is there a more professional assessment of some of these prototypes, available somewhere, who can verify what you're saying, for example?  Thanks again for the excellent FUD. Wink

The crowdsale was fun, and since I live in the U.S., I was ecstatic to get a few Eth in, at the last minute .... but I do wonder if perhaps that mess was contrived a bit.  lol  Smart if it was, actually. Make them beg for it .... and we certainly did.
 



And that is why i would never sell all of any token. my principle is to keep at least 20 to 30% of the token after taking profit. No one know which project will win at the end. I do not think Credit is a scam. if they are they would be gone by now. the admin are still active. There was so few mistakes however am still giving them the benefit of doubt

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February 21, 2018, 12:58:23 AM
 #1943

To all credits community,
CREDITS completed ICO in less than 17 hours and raised 20 000 000 USD (23923,45 ETH) hard cap!
Before the start of ICO we received more than 120 000 requests for Whitelist for the total amount of $1 350 000 000. During ICO we received about 20 000 transactions from about 15 000 addresses. Thus about 15 000 contributors have become the CREDITS token holders.
Congratulations to everybody! We did it and it wouldn’t be possible without all of you!

https://credits.com/en/Home/New_Ins/4286



I congratulate CREDITSteam on the successful completion of the crowdsale and wish you successful implementation of the entire road map! Smiley

I hope that you will find the time and give all the answers to the questions that some members of the forum have for you. Wink



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February 21, 2018, 02:44:46 AM
 #1944

The team handled the whole process unprofessionally.
The alpha was delayed many times and never worked.
The ICO rules are changed many times without good reason.
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February 21, 2018, 02:46:49 AM
 #1945

I saw the co-founder of Facebook, Chris Hughes on CNBC today, and he was talking about how 0.1 % of Americans control more than 90% of the nation's physical assets, which is an imbalance not seen since 1929.

Strange how our SEC thinks they need to save us from concept-only investments, when average citizens are forced to invest in the same thieves in Washington, year after year.

The SEC allowed the banks and "accredited investors," to buy and leverage worthless mortgage backed securities for years a decade ago.  They knew they were worthless, they had to, and yet they didn't lift a finger until the house of cards collapsed.

The dollar is as worthless as President Trump was, without Russian money.  So who knows, perhaps Credits can save all of us from the 0.1%.  Why not, it saved Trump's Empire after the real estate crash.


That's my phonetic angelic name that you're using
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February 21, 2018, 07:10:01 AM
 #1946

was the ICO successful?

From a financial perspective? YES. They reached their hard cap.
From an investors perspective? NO.  They kept changing their rules, and some investors missed out because they weren't given the facts from the admin team.
From a public perspecive? NO. The rule changes, the other issues leading up to the ICO, only give fuel to the fudders.  Why give Fudders fuel?

Sure, call me sour because I missed out on the ICO.  Why did I miss out?  because I believed and listened to the rules which were laid out by the Admin team.

With this one, missing out the on the ICO is fine with me.  More time will pass before they are on an exchange, which means more time to determine if they are actually a scam or not.  Right now it's REALLY hard to tell.

They got pretty good reviews online. Not sure if those were done prior to the rule changes you mentioned, though.
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February 21, 2018, 08:52:30 AM
 #1947

How much tokens will be issued? Is additional emission planned?
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February 21, 2018, 08:53:49 AM
 #1948

May be a silly question will you launch on exchange and unlock at the same time or will you unlock and then go on exchange?
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February 21, 2018, 08:55:56 AM
 #1949

I think listing on Binance by April or May would be big. That is where I want to see it most. But I doubt binance will pick up CS right out of ICO
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February 21, 2018, 08:57:14 AM
 #1950

I think listing on Binance by April or May would be big. That is where I want to see it most. But I doubt binance will pick up CS right out of ICO
Yah, they would want to see volume first - which hopefully will be there.
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February 21, 2018, 08:58:40 AM
 #1951

Soma is a revolutionary decentralized platform which facilitates trade inside the Soma Community through a rewarding system that enables beneficial collaboration of the community members. Users are encouraged to engage in actions that will benefit other members and the community as a whole by rewarding such actions with Soma Community (SCT), a cryptocurrency designed to incentivize the members of the decentralized community to perform value-adding services and act as a fast, secure and cost-effective way of compensation.

https://credits.com/en/Home/New_Ins/4287

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February 21, 2018, 09:00:18 AM
 #1952

I think most importantly they just want to have it listed on at least a few different exchanges, create more and more opportunities for people to buy and learn about the project.
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February 21, 2018, 09:05:21 AM
 #1953

How much tokens will be issued? Is additional emission planned?
There will be a billion tokens and no additional emission.
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February 21, 2018, 09:06:30 AM
 #1954

wow! nice road map Smiley well if i invest here ? what will do ? i want to learn more more details to know that financial blockchain to invest Smiley
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February 21, 2018, 09:06:35 AM
 #1955

Initially there was an investment limit and then it was removed. I guess they could not get the expected investment. But they were able to make a hard cap. Congratulations for all

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February 21, 2018, 09:51:13 AM
 #1956

Anyone know when old coins(i bought some pre-ico) will be replaced with new ones? Because this two tokens contract address is different. I did not find any news about this?

On the telegram some of the admins were posting a link to trade pre-ico tokens for the current tokens. I don't have the link. I suggest you just go onto the telegram and ask an official admin for the link (be careful on telegram though, there were at least 6 duplicate impostors of admins on there.)
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February 21, 2018, 10:05:23 AM
 #1957

HappyCoin is a digital currency designed for use of peer-to-peer technology to operate with no central authority; managing transactions and issuing money is carried out collectively by the network. HappyCoin's purpose of development is to create a payment system for the future.
Credits provides HappyCoin with high speed and low price  transactions.

https://credits.com/en/Home/New_Ins/4288

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February 21, 2018, 10:21:55 AM
 #1958

I think listing on Binance by April or May would be big. That is where I want to see it most. But I doubt binance will pick up CS right out of ICO

I do not think that the first exchange will be binance, most likely hitbtc or kucoin. Now it is difficult to get on Binance.

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February 21, 2018, 10:33:09 AM
 #1959

Anyone know when old coins(i bought some pre-ico) will be replaced with new ones? Because this two tokens contract address is different. I did not find any news about this?

On the telegram some of the admins were posting a link to trade pre-ico tokens for the current tokens. I don't have the link. I suggest you just go onto the telegram and ask an official admin for the link (be careful on telegram though, there were at least 6 duplicate impostors of admins on there.)

Thanks, i asked on telegram, they said swap is not ready yet, maybe next week. So who posting link to trade pre-ico tokens is scammer.

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February 21, 2018, 10:47:48 AM
 #1960

As i understand it, tokens will be exchanged to the tokens of ERC20 standard. What will be the rate?
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