[ANN][Pre-ICO] AntiqMall - Antiques marketplace on blockchain

[Social Liberal]

Hi guys, nice idea you have. Just wondering: why only 0,7 Eth raised pre-ICO so far?

Maybe it's good to upate the estimated dollar price on the ICO website, as Eth has risen so much in price recently. Would it be an option to accept BTC ICO funds too?

Hi, we have already reduced CAP to 120 ETH. The specifics of smart contact doesn't allow making the binding of the token to the dollar. The only honest way is to accept ETH. BTC is planned to accept at the main stage of ICO.

Thank you for the response! Good idea to reduce the cap. Will the total ICO cap also be reduced?

I'm interested to invest, yet I'm a bit afraid to be doing it a peak of the Eth price now. Can you please explain what the BTC price at ICO will be based on? Eth - BTC of that moment? USD - BTC?

Can you also fix the LinkedIn link's of all team members? Many of the buttons now lead to the ICO website instead of a LinkedIn profile. It looks a bit sloppy.

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[verdict]

How do you determine that price will rise 800%?

[AntiqMall]

Hi guys, nice idea you have. Just wondering: why only 0,7 Eth raised pre-ICO so far?

Maybe it's good to upate the estimated dollar price on the ICO website, as Eth has risen so much in price recently. Would it be an option to accept BTC ICO funds too?

Hi, we have already reduced CAP to 120 ETH. The specifics of smart contact doesn't allow making the binding of the token to the dollar. The only honest way is to accept ETH. BTC is planned to accept at the main stage of ICO.

Thank you for the response! Good idea to reduce the cap. Will the total ICO cap also be reduced?

Yes, the total ICO cap will be reduces as well. It is written further how it will be done.

I'm interested to invest, yet I'm a bit afraid to be doing it a peak of the Eth price now. Can you please explain what the BTC price at ICO will be based on? Eth - BTC of that moment? USD - BTC?

The token value in USD is not constant being dependent on ETH market value.
The ratio 1,000 AMT = 1 ETH (without the bonus) is a constant defined and prescribed in a smart contract, so it cannot be changed.
At PreICO stage 1 ETH is always equal to 1,500AMT, but its equivalent in USD will vary, depending on ETH market price.
Initially, when we were making our plan, ETH price for was about $ 450, so our Hard CAP was evaluated at 2,700,000 USD or 6000 ETH. But we could not foresee such a rapid increase in ETH cost.
Having discussed the current situation, we've made the decision to stop the fundraising and token releasing tokens as soon as we reach the necessary amount (2,700,000 USD), i.e., at a price of 1 ETH = 1250 $ we will stop fundraising as soon as we reach 2160 ETH.

Can you also fix the LinkedIn link's of all team members? Many of the buttons now lead to the ICO website instead of a LinkedIn profile. It looks a bit sloppy.

Thanks for indicating this. It will be corrected in the nearest future.

[AntiqMall]

How do you determine that price will rise 800%?

This assumption is based on our financial model. Learn more about it at https://antiqmall-ico.io/documents/financial_model_en.xlsx
Sensitivity Analysis tab
We can assure you there is a high probability of achieving more than 600% profit with a certain optimization of costs and taking into account 50% bonus at PreICO stage, this figure may even exceed 800%.

[AntiqMall Oksana]

Thanks for the offer. We will think about it and write you about the made decision

[Social Liberal]

Thanks for the offer. We will think about it and write you about the made decision

It's just random spam by this Alex on every forum, I would not even bother the time to check it..

[Social Liberal]

Thanks for all the answers to my questions AntiqMall team! I'm happy to hear about the hard cap decision, which I think is very good.

As 2160 Eth (if Eth price is $ 1250), provides for roughly 2200000 tokens (including sold out presale) I assume all other tokens will be burned, right?

Then my only remaining question would be about the BTC price of the regular AMT token sale: will this be according to the BTC-ETH rate of that moment, or a fixed rate BTC-AMT?

[AntiqMall]

Thanks for all the answers to my questions AntiqMall team! I'm happy to hear about the hard cap decision, which I think is very good.

As 2160 Eth (if Eth price is $ 1250), provides for roughly 2200000 tokens (including sold out presale) I assume all other tokens will be burned, right?

Yes, you are absolutely right.

Then my only remaining question would be about the BTC price of the regular AMT token sale: will this be according to the BTC-ETH rate of that moment, or a fixed rate BTC-AMT?

The BTC price will be according to the BTC-ETH rate of that moment.
No fixed rate BTC-AMT.

[Social Liberal]

Thanks for all the answers to my questions AntiqMall team! I'm happy to hear about the hard cap decision, which I think is very good.

As 2160 Eth (if Eth price is $ 1250), provides for roughly 2200000 tokens (including sold out presale) I assume all other tokens will be burned, right?

Yes, you are absolutely right.

Then my only remaining question would be about the BTC price of the regular AMT token sale: will this be according to the BTC-ETH rate of that moment, or a fixed rate BTC-AMT?

The BTC price will be according to the BTC-ETH rate of that moment.
No fixed rate BTC-AMT.

Great! I will contribute for sure. Good luck with the developments!

[AntiqMall]

Thanks for all the answers to my questions AntiqMall team! I'm happy to hear about the hard cap decision, which I think is very good.

As 2160 Eth (if Eth price is $ 1250), provides for roughly 2200000 tokens (including sold out presale) I assume all other tokens will be burned, right?

Yes, you are absolutely right.

Then my only remaining question would be about the BTC price of the regular AMT token sale: will this be according to the BTC-ETH rate of that moment, or a fixed rate BTC-AMT?

The BTC price will be according to the BTC-ETH rate of that moment.
No fixed rate BTC-AMT.

Great! I will contribute for sure. Good luck with the developments!

Thank You!

[NrX]

I just came to know about this project which draw my attention because of the title of it. I can see pre-ico is on the way and still will be for few more weeks. The concept is very interesting and unique like the project itself was explained. This type of marketplace has huge chance of success.

[MelisaMoris]

What are the advantages and conditions for investors in this ICO?

[AntiqMall]

What are the advantages and conditions for investors in this ICO?

First, it is an opportunity to make money on the antiques market, whose annual turnover is about $ 50 billion.
Second, unlike other spheres, the antiques market is just beginning to operate actively online, thus now it is a high time for our project to get an advantageous position there.
Third, our project doesn't have any direct competitors.
And the last, but not the least, it is 50 % bonus for investors at Pre-ICO stage.

[Mariia_BT]

when Bounty Campaign of this project be announced?

[AntiqMall Oksana]

Marii,we understand your concern and do our best to start it as soon as possible. I promise, I will infirm you personally 

[Mariia_BT]

Marii,we understand your concern and do our best to start it as soon as possible. I promise, I will infirm you personally 

okay, I'm waiting 

[AntiqMall]

Dear friends,
We are glad to announce being the first antiques marketplace collaborating with Origin Protocol - www.originprotocol.com
We are exceptionally proud and happy to announce that to reach our goal faster, AntiqMall will be integrating with the Origin Protocol to further our mission of a fair and efficient blockchain-powered antiques marketplace.
Origin Protocol enables both traditional marketplaces and fractional-use or sharing economy marketplaces to function in a completely distributed way using Ethereum and IPFS. We are excited to be building on the Origin platform and collaborating with the talented Origin development team, which is based in San Francisco. Origin is a highly pedigreed company — they are backed by the leading blockchain investment firm Pantera Capital, working with ConsenSys, and the founders have a long track record of success.

[stanforders]

Do we have more partners in the antique market? We know that the authenticity of antiques is really troublesome, and its value is hard to estimate.