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Author Topic: [ANN][ICO] Sphere - Decentralized Social Networking >200,000 users  (Read 42992 times)
CryptoCutie
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April 04, 2018, 09:03:10 PM
 #3021

It is hard to handle the ico market at the moment. I hope the sphere team have planned something different to attract new investors
as the market is really low at the moment.
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April 04, 2018, 10:02:10 PM
 #3022

Can someone please help me with something.  I've been searching and can't find any answers. I did the referral program for a while and I've accumulated over 17,000 tokens.  My question is - Can I transfer this to MyEtherWallet (from the website it appears I can)? Also I'm in the US and read somewhere I wasn't eligible? Is this true?  Even if it's in MEW? Am I wasting my time or should I keep up with the referrals? Please help, I'm really excited about this project! Thanks in advance!!!
Someone asked this before on Telegram:
"This says that I can’t participate in USA but I have received over 360 tokens from just referrals alone will I still get my referral tokens even though I’m prohibited from participating in the ico cause I’m a US citizen...Huh"

And this is the answer from one admin:
"According to our rules you can't withdraw them. Sorry"

Seriously? This guy put some effort into referring new people and now he can obtain his payment? This is just ridiculous!
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April 04, 2018, 10:49:23 PM
 #3023

The information on the prohibition of participants from USA and other countries with enforcement agencies and current legislation was passed at the beginning of Ico, and is available under the terms of its website and channels, unfortunately, this is a difficult case now, and participation it is everyone's responsibility. I hope Team Time solves your issue, good luck.
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April 04, 2018, 10:53:58 PM
 #3024

I don’t think that’s is needed to extend the ico, it’s maybe a good idea but if people Want to invest they will be able to do it on exchanges after the end of the ico. Now sphere has already hit the soft cap, so normally they have enough fund to go on.
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April 04, 2018, 11:57:40 PM
 #3025

Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.

It's not a scam, but they do need to work on their communication

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April 05, 2018, 04:02:33 AM
 #3026

Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.

It's not a scam, but they do need to work on their communication
They should be active since the ICO is going to end in a couple of days and they need to assure there investors that they are active and are working on the development of the project.
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April 05, 2018, 06:36:23 AM
 #3027

I don’t think that’s is needed to extend the ico, it’s maybe a good idea but if people Want to invest they will be able to do it on exchanges after the end of the ico. Now sphere has already hit the soft cap, so normally they have enough fund to go on.

Normally when a project already hit the softcap, there will be no token sale extend. They can run the platform with the money that have been collected.
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April 05, 2018, 07:36:38 AM
 #3028

I don’t think that’s is needed to extend the ico, it’s maybe a good idea but if people Want to invest they will be able to do it on exchanges after the end of the ico. Now sphere has already hit the soft cap, so normally they have enough fund to go on.

Normally when a project already hit the softcap, there will be no token sale extend. They can run the platform with the money that have been collected.

Or they can wait out until they hit the hard cap or wait until the end of sale date.
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April 05, 2018, 07:41:57 AM
 #3029

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

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April 05, 2018, 07:53:46 AM
 #3030

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

I agree, even though the market is really tough right now. it may recover , but then again it may not.

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April 05, 2018, 08:11:23 AM
 #3031

I think they are pretty active on social media. I agree though, it would be much better if they were active here and gave us updates on how much sold, and other real time stats. There is not much time left, so I guess we will just see soon.
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April 05, 2018, 10:00:14 AM
 #3032

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

I agree, even though the market is really tough right now. it may recover , but then again it may not.

well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors?
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April 05, 2018, 10:12:33 AM
 #3033

Yes i think it’s impossible during this period to predict how an ico will work, the period is a bit hard and some have trouble to reach the hard even for good project. But it mean nothing, sphere can work well even with this period.

All the money that is streaming into crypto is now being divided amongst many more projects compared to 2017. I think the hard caps of all the projects in the future will go down again.

Yes, as long as there isn't any substantial amount of new money coming in, projects will have difficulty to reach their sometimes ridiculously high hard cap and need to adjust it.

Even if new money comes in the number of projects also grows exponentially and if they are all looking for 50 million dollars to start with, well, that won't work out.

It might be easy to enter this market, but a failure rate of projects that have a very average idea and an ambitiously high hardcap should warn new teams off. Investors become more and more picky as well.

Still, if there are tens of thousands of projects that have a good idea they won't start out with $50 million anymore. It just doesn't make any sense to provide so much seed investment for a white paper.

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April 05, 2018, 10:17:29 AM
 #3034

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

I agree, even though the market is really tough right now. it may recover , but then again it may not.

well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors?


Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it.

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April 05, 2018, 11:12:08 AM
 #3035

Yes there is till less than a week to participate in the token sale. Sphere already reached the soft cap as far as I know, so even if they don’t raise more fund, the project will normally go on.
This is certainly good news, but I am sure that we need to hope for more time is still there, I am sure that the market is still recovering and investors continue to invest.

yes the market is slowly recovering, they could perhaps prolong the ico for a week or two to raise some more investments...

While you said it is slowly recovering it took another bump. I hope it will be better some time during the second quarter.

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April 05, 2018, 12:16:29 PM
 #3036

The project will clearly attract a large community! On which exchanges do you plan to conduct the listing?

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April 05, 2018, 12:21:26 PM
 #3037

I think they are pretty active on social media. I agree though, it would be much better if they were active here and gave us updates on how much sold, and other real time stats. There is not much time left, so I guess we will just see soon.

Yes it would be good to maintain all of their social channels including this thread, after all it is a social project. They need to hire alot of community manager
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April 05, 2018, 12:37:34 PM
 #3038

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

I agree, even though the market is really tough right now. it may recover , but then again it may not.

well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors?


Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it.
Yes, if they already reached the softcap, its means they already got enough funds to do the development, so we cant say it fails when this is only the beginning of this project.
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April 05, 2018, 01:12:10 PM
 #3039

also i believe that there is no need to prolong the ico since the soft cap has been reached and then the project will still go ahead

I agree, even though the market is really tough right now. it may recover , but then again it may not.

well it seems that this project has not been successful overall - in case it fails, there will be a refund to donors?


Why you think it wasn't successful? It exceeded the softcap, so the development will continue. It's too early to talk about success or failure, we'll see what the team is going to make out of it.
Yes, if they already reached the softcap, its means they already got enough funds to do the development, so we cant say it fails when this is only the beginning of this project.
But we need to expect more, I want the hard cap than the soft cap. I want the success of this project because I see how they work hard to make this project in reality. We never knew what will happen in the future folks!
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April 05, 2018, 03:12:53 PM
 #3040

Still no answer from dev?
I am heavily disappointed in this hot phase of the ICO.
So I will skip this promising project, because it looks like scam for me.

It's not a scam, but they do need to work on their communication

Well, I hope it is not a scam, but we aren't hearing from the devs now for a very long time and that is not a good sign.

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