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FirstFair (OP)
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April 10, 2018, 09:51:37 PM
Last edit: May 15, 2018, 07:19:00 AM by FirstFair
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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cjrst8
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April 10, 2018, 10:00:46 PM
 #2

Very interesting to see where this goes, a lot of exchange type tokens coming out now. How do you plan to differentiate yourself from other platforms, such as coinvest?

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April 10, 2018, 11:38:23 PM
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this is the first time I've ever met a project like this. there is a purpose built on the benefit platform. I'm intrigued, I'd say. I'il look into it in detail. I want him to be successful. Smiley
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April 10, 2018, 11:58:52 PM
 #4

ecosystem to solve problems associated with traditional
banking is a system that is widely used today. This allows users to get rid of all the problems associated with the traditional financial system by giving them a decentralized digital data exchange.
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April 10, 2018, 11:59:01 PM
Last edit: April 11, 2018, 12:36:07 AM by AmoreJaz
 #5

ecosystem to solve problems associated with traditional
banking is a system that is widely used today. This allows users to get rid of all the problems associated with the traditional financial system by giving them a decentralized digital data exchange.

yes, there are a lot of bottlenecks or issues with traditional banking system but at least you are sure with their legal aspects. and with the increasing growth of cryptocurrency exchanges, you'll never know who's authentic or the fraudulent ones. but most of them are headed to the latter. so in few months, we will know where this project is heading to...

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April 11, 2018, 03:45:29 PM
 #6

I think there are already projects with a similar idea, although the idea itself is excellent! What are the advantages of your project in comparison with competitors? Thank you
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April 11, 2018, 05:48:37 PM
 #7

Very interesting to see where this goes, a lot of exchange type tokens coming out now. How do you plan to differentiate yourself from other platforms, such as coinvest?

Thank you for your comment. We will have not just tokens, but also a lot of cryptocurrencies, stocks, FX, and indices. We will try to add more than 75% of the coins and tokens on coinmarketcap too, so a lot of cryptocurrencies can be invested into. Then there are the benefits and improvements we will make that other exchanges lack, to ensure the best possible user experience.

If you could implement stocks and ETFs and such that would be huge, essentially you could create one market to trade all the world markets under one account. I would like to see this happen, but I know its a lot of work. Best of luck with your project.

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April 11, 2018, 09:18:43 PM
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The project's goal in the crypto is mostly to create a social networking platform along with users working on this platform and secure it with blockchain.
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April 25, 2018, 06:03:03 AM
 #9

What i know yobit have most coins in the market ,you want 2000 ,impossible.
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April 27, 2018, 05:49:46 AM
 #10

So what I got from the ICO thing at the top is preICO is a token valued at roughly $0.0065 USD, and ICO token price is $0.013 USD at the price of around $650 USD per ETH. From an investors stand point, what are you guys doing to ensure that the investor makes money on the investment? How do you plan on getting people to buy into your system, thus needing the tokens and raises the worth of each token?

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April 27, 2018, 02:55:17 PM
 #11

So what I got from the ICO thing at the top is preICO is a token valued at roughly $0.0065 USD, and ICO token price is $0.013 USD at the price of around $650 USD per ETH. From an investors stand point, what are you guys doing to ensure that the investor makes money on the investment? How do you plan on getting people to buy into your system, thus needing the tokens and raises the worth of each token?

Thanks for your comment.

We mainly believe the investment lies into making First Fair Exchange become a reality, which, for investors, would be extremely beneficial as they get to have a say on the exchange features, design, and so on through their suggestions. Also, with having so many assets tradable on one exchange, and many other improvements over other ones, it would be a truly investor-oriented, as opposed to profit-oriented.

Regardless, we have decided not to advertise the ICO/token directly as an investment, because that would mean the token would be liable to heavy regulation from the SEC. However, if the exchange price after the ICO was about $0.0013, just like (currently) during the ICO, and all tokens were distributed (3.5B), the CoinMarketCap rank currently would just be about #250, and if the exchange was to be used frequently, the token price would likely rise in value. First Fair Token will also be used for most of the markets, so it would be fundamentally necessary for using the exchange, and therefore people would likely want to buy tokens frequently, which can increase the value of the token.
Please note this is not investment advice in any way.


Thanks for the response, that makes sense.

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