Xord
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May 23, 2018, 06:25:18 PM |
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I'm sorry for asking too many questions. I just want to make sure I'm investing in the right ICO. Why is the team size so small? How are things managed?
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Dialtopal
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May 23, 2018, 06:27:26 PM |
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I'm sorry for asking too many questions. I just want to make sure I'm investing in the right ICO. Why is the team size so small? How are things managed?
I think so too, but you can check their credentials as mentioned on the website. In my honest opinion, it looks like the team has boot strapped till now, so the number of members are less; which is acceptable. The good thing is that they have KYCed on ICO Bench and the Advisors' profiles also look good. I'm sure they'll hire more talent (mentioned in the financial structure)
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Xord
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May 24, 2018, 12:23:04 PM |
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Do you build your own DApps or are they created by someone else?
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Dialtopal
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May 24, 2018, 12:30:07 PM |
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Do you build your own DApps or are they created by someone else?
We do but it’s not just our own. Depending on the financial product or service, we build DApps in two ways. On our own and in partnership with financial organisations.
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DynaMyniard
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May 24, 2018, 12:40:10 PM |
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How much percent of total amount is being offered in main sale ?
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Dialtopal
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May 24, 2018, 12:42:34 PM |
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How much percent of total amount is being offered in main sale ?
Two percent (2%) of this total is been offered in a presale and another twenty seven (27%) percent is been offered in the main sale.
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DynaMyniard
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May 24, 2018, 12:48:38 PM |
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Is there some portion kept for customer loyalty program as well ?
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Dialtopal
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May 24, 2018, 12:52:23 PM |
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Is there some portion kept for customer loyalty program as well ?
Twenty percent (20%) of TOCs is set aside to fund our customer loyalty program.
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DynaMyniard
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May 24, 2018, 12:55:15 PM |
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Can you describe this more ? How do you plan to continue the loyalty program ?
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Dialtopal
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May 24, 2018, 12:58:11 PM |
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Can you describe this more ? How do you plan to continue the loyalty program ?
Periodically, the will exchange TOC tokens for Block Points. This action will reduce the reserve of TOC tokens available to fund market maker rewards. To maintain the market maker reserve, the team will use Ether revenue to buy TOC tokens from token holders at above market price. Token buyback ensures the customer loyalty program is sustainable and the buyback price acts as a mechanism to transfer operating revenue to token holders.
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DynaMyniard
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May 24, 2018, 01:04:25 PM |
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What is the latest update on the project?
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Dialtopal
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May 24, 2018, 01:08:19 PM |
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What is the latest update on the project?
Without funding, the Token Changer team has demonstrated experience and competence. We have deployed a working platform. In september 2018, we will have added an oracle and alarm clock capability to complete the platform. An oracle will automate the input of data (like price feeds) into our blockchain server. An alarm clock sends scheduled alerts to the blockchain server.
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DynaMyniard
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May 24, 2018, 01:11:05 PM |
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Ok. That sounds promising. But then once the token changer platform will be completed soon. So what’s next ?
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Dialtopal
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May 24, 2018, 01:16:26 PM |
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Ok. That sounds promising. But then once the token changer platform will be completed soon. So what’s next ?
Within 90 days after our ICO, Token Changer will start launching DApps that implements our idea about the convergence of money. Read more about the convergence of money here : https://medium.com/tokenchanger/the-next-big-convergence-ba231a092c5e
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DynaMyniard
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May 24, 2018, 04:14:58 PM |
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What are Token Networks?
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Dialtopal
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May 24, 2018, 04:28:34 PM |
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What are Token Networks?
Token Network (TN) are defined as a group of actors whose adoption of a Token Changer native token amplifies the economic utility of the token for all actors within the group. Depending on the purpose of the token, this group of actors can come in many configurations.
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DynaMyniard
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May 24, 2018, 04:35:20 PM |
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That was just too complicated for me ... can you explain with an example for my better understanding?
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Dialtopal
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May 24, 2018, 04:37:14 PM |
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That was just too complicated for me ... can you explain with an example for my better understanding? Haha sure.. Air Miles is an example of an off-chain artefact that has similarities to a Token Network. The early adoption of Air Miles by important group actors (airlines) increased the utility value of Air Miles (equivalent to a blockchain token) for another set of actors (consumers) within the group. The adoption of Air Miles by consumers once again increased the utility value of Air Miles for merchants outside the airline industry. Token network will be working in a similar fashion.
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