[ANN][ICO] APIS - The First Masternode Mediation Platform(Pre-sale in Feb.20th)

[FrederickFarci]

Why at the crowd stage is it possible to buy much more coins? Are you planning to attract major investors?

[1714784473]

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[1714784473]

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[Lucasolofsson85]

Why at the crowd stage is it possible to buy much more coins? Are you planning to attract major investors?

I think at the last stage a solid investment is expected, so don't be surprised if the available tokens will be sold out pretty quickly.

[evilcyclope]

Is 620000QTUM your hard cap? This is about 20 million dollars - a pretty solid amount 

[ukrainskaya-devaxa]

Is 620000QTUM your hard cap? This is about 20 million dollars - a pretty solid amount 

I think so. Yeah, I hope such raises will make this system as safe as possible and easy to use.

[Nijeltheboss]

Is 620000QTUM your hard cap? This is about 20 million dollars - a pretty solid amount 

You're talking about crowd sale, but pre-sale just started today. And it will end only in a week.

[MaksonJoe]

Is 620000QTUM your hard cap? This is about 20 million dollars - a pretty solid amount 

Dude,
Pre-sale Stage
Coins Allocated : 756,000,000 APIS / 140,000 QTUM

[Narimann]

Why at the crowd stage is it possible to buy much more coins? Are you planning to attract major investors?

This is always done. Big fish don't peck at small fishes. Therefore, when the project is gaining popularity - the giants are connected

[Joseph007]

Why at the crowd stage is it possible to buy much more coins? Are you planning to attract major investors?

This is always done. Big fish don't peck at small fishes. Therefore, when the project is gaining popularity - the giants are connected

Yes, this is definitely a competent step.
I wonder when the platform will be launched - will there be a minimum to work with it?

[creeptofarm]

Very interesting project. I wish you success!

[DiziSquare]

Is 620000QTUM your hard cap? This is about 20 million dollars - a pretty solid amount 

Dude,
Pre-sale Stage
Coins Allocated : 756,000,000 APIS / 140,000 QTUM

I think the general fees of this project will exceed 30 million! One of the biggest projects that I've seen!

[Klennox]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

[jess4ever]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

Yes, I also read about this in Telegram. I wonder how quickly they will recalculate all who invested in the QTUM...?

[AngelinaShulcz]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

And how then will the stages of selling the tokens take place? The main page still says QTUM

[Petramaxindoshka]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

Whitepaper still says that supported currency is QTUM...Haven't you changed yet?

[LoreinMallin]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

Whitepaper still says that supported currency is QTUM...Haven't you changed yet?

Yes, they said that the pre-sale will be supported by QTUM, and then will be systematically replaced by the Ethereum.

[Joseph007]

I heard that you will change the base currency? Now instead of QTUM there will be an Ethereum??

Whitepaper still says that supported currency is QTUM...Haven't you changed yet?

Yes, they said that the pre-sale will be supported by QTUM, and then will be systematically replaced by the Ethereum.

It seems that most people find it more convenient to work with the more familiar Ethereum.

[RomanBelich]

Which crypto-currency will be supported at crowd-sale stage? QTUM or ETH?

[Dr.Cristofferson]

Which crypto-currency will be supported at crowd-sale stage? QTUM or ETH?

Looks like the last stage already in ETH should be. But now QTUM is possible yet

[APIS_Tom]

Dear APIS supporters,

First, my apologies for being so silent recently as I was dead busy and away from office. All relevant information regarding presale and the ICO has been posted on  our official telegram channel

now with the address of t.me/TheApisplatform



Yes, the base currency has been changed from QTUM to Ethereum.

Yes, the presale was conducted in QTUM only and ICO will be conducted QTUM and Ethereum.

We will execute conversion in the best manner possible in order to ensure optimal outcome for our contributors.

Thank you again for your interest in APIS project.

[APIS_Tom]

Please see below for the official message regarding the presale from our CEO:

Dear APIS supporters,
I am Ronny Yoo, CEO of APIS.

I would like to explain about the early termination of pre-sale which most of you are curious about. While we were preparing for the pre-sale, we spent a lot of time coming up with methods to provide all our investors with equal investment opportunities. Among some of the roadblocks that we confronted while seeking the optimal solution was  Qtum’s long block generation time.  This issue troubled us the most as we judged that if too many participants were to be concentrated in a single block, Qtum’s long blocktime may change participation priority depending on the gas price.

In order to prevent this unnecessary competition, we set a fixed value for the gas price and made everyone participate in the pre-sale under the same condition. However, when the pre-sale actually started, we recognized that there were a number of transactions that were not processed properly.

Our development team was monitoring all of the transactions real-time and found out that most of the transactions that failed had their gas price set at 69, not 70. The real problem occurred when we found out that the percentage of people who invested with gas price of 69 was excessively high(53% of the total transactions, to be exact). At this point, we came to the conclusion that the gas price could have been modified due to network or wallet error, and that ongoing smart contract needed to be stopped immediately for investor protection. Therefore, we stopped the original smart contract and came up with a new smart contract address urgently that had no gas price limit and were finally able to resume the pre-sale. But as the pre-sale went on with the new smart contract address, the morality of creating a new smart contract address was questioned  within our team. We subsequently came to a conclusion that the second smart contract could go against our original principle of fairness and that the contract must be closed. This is why we terminated our pre-sale earlier than scheduled.

We are still running internal tests to understand the exact cause of sudden gas price change. All relevant information regarding this incident had already been passed to the Qtum foundation, and we are looking into the issue together

I would like to express my sincere gratitude to those that participated in our pre-sale and also apologize to those who were unable to do so. We will keep you updated on this issue.

I will talk briefly about our future operation plan. Adhering to our core principle of enlarging the blockchain industry and protecting investors’ assets, we will never resell our remaining tokens from the pre-sale. All unsold tokens(254,584,967 tokens) will be promptly burnt after the termination of ICO with a prior announcement.

Thank you.

Best regards, Ronny Yoo