[ANN] Biotron.io Announcement - Transparent personal data analytics platform

[traveler007]

Data is a big thing and especially if they process them and sell them then it could be really lucrative, at least if Biotron has some good buyers.

Are there any companies who claimed that they are interested in buying these kind of data?

Yes, we have some partnerships already lined up, but unfortunatelly I can’t tell you anything closer right now. The information will be released as soon as possible though. It’s definitely going to be before the ITE, to help estimate the time.

You will announced this partnership before crowdsale? And what about ETH rate? Price will be fixed in euro during crowdsale?

Yes, it will be announced before the crowdsale, and the price is going to be fixed in euroes

But what about ETH rate to euro? It will be fixed during all crowdsale? Or will be change according market price?

Could you explain why it so important to fix the euro price? Am i missing something here?

I think ETH price will go up soon. So, may be will be more profitable to invest in last day, if ETH will grow.

[1714192542]

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[mandibleclaw]

He said that it will be fixed so if during token sale ETH's price will go up you're going to get the same BTRN amount. Maybe you must prey that ETH will go down so you get the same amount of BTRN but cheap

[king_of_alts]

He said that it will be fixed so if during token sale ETH's price will go up you're going to get the same BTRN amount. Maybe you must prey that ETH will go down so you get the same amount of BTRN but cheap

In the Whitepaper the token price is in Euro Cent so this is confusing. The easiest solution would be to use the average ETH value in Euro at the day of the sale.

[mandibleclaw]

Yes and they will fix an ETH/EUR ratio before the token sale. It's not confusing, many ICOs did that in the past (even SophiaTX iirc). You will have an advantage if ETH price go down during token sale, because you''l buy the same amount of tokens with less fiat

[Frickeladm]

The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.

An admin in their Telegram group already confirmed a while ago that there won't be a minimum contribution during the public-ITE. This huge barrier of minimum 200 ETH is only for their private-ITE round.

And its pretty common to have such a high minimum invest cause those private sales are for big investors

[loup]

The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.

An admin in their Telegram group already confirmed a while ago that there won't be a minimum contribution during the public-ITE. This huge barrier of minimum 200 ETH is only for their private-ITE round.

And its pretty common to have such a high minimum invest cause those private sales are for big investors

In the private sale there are usually high minimun requirements but for the ICO's those requirements go down a lot.

[Michelle24]

Yes and they will fix an ETH/EUR ratio before the token sale. It's not confusing, many ICOs did that in the past (even SophiaTX iirc). You will have an advantage if ETH price go down during token sale, because you''l buy the same amount of tokens with less fiat

That's true, but it's more likely that the ETH price is now at one of its lowest points and it will probably increase in the next few weeks / months.

[mv1986]

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?

[martinholly167]

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?

Im just thinking that it will be better if they put a fixed amount or percentage for the user acquisition pool and then burn the unsold tokens.
Crowdsale pool and airdrop pool should be separated.

[loup]

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.

The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.

Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?

I'm not sure about this action, I hope it doesn't have a bad impact on the price of the token.

[belechau]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

[levyashin]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Nope, it was my suggestion.

If they did agree with it and i missed it, currently it is just a suggestion.

[Jay2408]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

[Michelle24]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

As levyashin already said, it was his or her suggestion. Dev never confirmed this idea.
But maybe dev missed this, so he could read it in our quotes again, because i like the idea. 

[Makkara]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

Burned or given back ro the investors doesn't change much things i believe

[MandatoryOption]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

Burned or given back ro the investors doesn't change much things i believe

Of course, it changes something! Burning tokens decreases the max. supply, whereas giving them away for referrals (not to investors, as far as I understand) obviously doesn't.

[areschen]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

As levyashin already said, it was his or her suggestion. Dev never confirmed this idea.
But maybe dev missed this, so he could read it in our quotes again, because i like the idea.  

We need The project team to clarify this detail rule.
spread the projects is very important,  but protecting investors is a higher priority thing.

[Makkara]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

Burned or given back ro the investors doesn't change much things i believe

Of course, it changes something! Burning tokens decreases the max. supply, whereas giving them away for referrals (not to investors, as far as I understand) obviously doesn't.

Well, i thought by user acquisition pool they ment investors, in that case would be bettere to understand which one is going to happen

[mike0182]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

As levyashin already said, it was his or her suggestion. Dev never confirmed this idea.
But maybe dev missed this, so he could read it in our quotes again, because i like the idea.  

We need The project team to clarify this detail rule.
spread the projects is very important,  but protecting investors is a higher priority thing.

What can devs clarify? They wrote several times here that all unsold tokens will be added to the user pool.

[aveon]

I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.

As levyashin already said, it was his or her suggestion. Dev never confirmed this idea.
But maybe dev missed this, so he could read it in our quotes again, because i like the idea.  

We need The project team to clarify this detail rule.
spread the projects is very important,  but protecting investors is a higher priority thing.

What can devs clarify? They wrote several times here that all unsold tokens will be added to the user pool.

Whatever they do with those tokens, the only question is how many such unsold tokens appeared in the end (how many % of all the mass if to say precisely).