Who do you see as main competition on the market?
We don't have any direct competitor as our idea is Unique and also our new consensus algorithm proof-of-online which removes the traditional ads revenue for website operators and opens a new revenue stream for them.
Can you please explain this proof of online algorithm?I never heared for it before.I know about pos,pow,but not this.
You can find the details in our whitepaper:
https://online.io/download/OIO-Whitepaper.pdfAfter reading our whitepaper if you still have questions i will be gladly to answer you.
So what is the purpose of the tokens? I understand you are raising money for the development of the app but what would someone use these tokens for?
Why do you need both ICE and OIO ?
OIO are the tokens sold at the Token Generation Event and generated only once. They are the fuel for our ecosystem, website operators that will integrate our solution will require staking OIO tokens in order to mine ICE tokens using the proof-of-online algorithm. OIO Token holders that are not website operators will still be able to earn ICE tokens by using the Proof-of-Stake algorithm and keeping the OIO tokens in a smart contract. A good example is NEO which is required to generate GAS.
ICE tokens will be integrated into our merchant system, more details about that can be found in our whitepaper.
How many tokens you plan to sell during private sale?
If you can disclose that info of course
If all tokens will be sold at private then the Pre and Public Token Generation Event won't take place. You can buy the OIO tokens from the exchanges after the TGE is over if you didn't managed to buy.
This is a challenging project, the traditional Internet search engine will have a big impact, like a BAT before the project, in fact, people in the use of BAT browser when encryption can also get some money, this is a very good promotion and selection, the OIO's prospects are very seductive.
I was doing some research and from what I was able to see it seems that BAT would be the main competitor, seems to me they are doing exactly those things that OIO is trying to do.
Brave ( BAT ) it's actually a browser while our solution comes with extensions for all major browsers like Chrome, Firefox, Opera, IE and also applications for mobile. Brave shows certain ads that comply with their policy while we DON'T show any ads. Our solution also brings a new revenue stream for the website operators and earn ICE tokens without having to show their visitors any ADS so they can focus more on the quality of their content, websites.
When does ICO actually starts? It's private sale at the moment right?
At the moment we are doing our private sale. We are currently doing an Asian tour, more details can be found here:
https://medium.com/online-io-blockchain-technologies/asian-private-investors-meetups-2018-ba5655295ed1Do you have any kind of referral system going on?
We have a 5% referral program. You need to register on our website and you will get your refferal link after.
Can everyone join the sale,or there will be some restrictions?I know that often people from China and United States cant join.
Unfortunately, due to regulations we are not able to accept US, China for our Pre/Public ICO.
Will you offer VPN services as well?
We will actually offer a peer to peer VPN service with residential IPs where users will also be able to monetize their shared bandwidth.
Where do you stand on the topic of GDPR?
We are 100% GDPR compliant. You can find that in our WP also.
Where exactly is your team headquarters?
Our company is based in United Kingdom and we have our tech office in Ukraine at
Zfort and also another office in Bucharest, Romania.
Will there be an opportunity for main net testers or beta testers?
Yes, we will be doing many of our testings openly.
Best wishes
Alexandru Iulian Florea
CEO & Founder
Online.io Blockchain Technologies ltd