Mladiornitolog
Jr. Member
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Activity: 185
Merit: 1
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May 12, 2018, 08:07:57 PM |
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Do we have to go through KYC to participate?
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 13, 2018, 03:17:35 AM |
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I notice that there is a huge amount of tokens in reserve from 45-72% of tokens.How will that be distributed, are you keeping those for the team?
The reserve is there for spending at certain milestones. If the ICO raises the maximum amount that should be enough for all of the engineering and prototyping to get at least the first seastead in the water. The reserves will be sold down the road to build more seasteads. The thinking behind this is that so many of these ICOs raise their full amount of money in the first round then you see the founders out driving lambos and going on kick ass vacations and never actually getting around to doing what they promised (why would they? they have the money). With holding a reserve, Blue Frontiers has the incentive to do well so that they can sell the tokens down the road to continue the project. Everyone in the project wants this to happen, it's not about the money but the vision. Thanks for reassuring me, I see you understand at what was I aiming initially So that means that later there will be more sale events if I understood you properly.Would that be private sales or public ones in later stages if you will need to sell more? I believe the plan is to sell OTC or on an exchange as needed once they reach those milestones. It will be gradual, trying to not disrupt the market. The money they make in the ICO will be split between ETH, BTC, EUR and USD to pay out salaries and contracts for construction. Hopefully BTC and EUR values go up so much that they never have to touch the reserves
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Kutuzov44
Newbie
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Activity: 131
Merit: 0
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May 13, 2018, 10:05:47 AM |
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Do you have any vesting period for team tokens?And if yes,for how long team tokens are locked?
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PuryLock
Jr. Member
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Activity: 350
Merit: 3
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May 13, 2018, 10:28:15 AM |
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Whats the percentage of the tokens that are available for the public sale?
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Gwiazdooka
Member
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Activity: 392
Merit: 12
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May 13, 2018, 10:55:05 AM |
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Do we have to go through KYC to participate?
I think KYC will be needed,and in my opinion its a good thing and soon it will be mandatory for every ICO it even for utility tokens.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 13, 2018, 01:59:46 PM |
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Whats the percentage of the tokens that are available for the public sale?
Public sale is 4-28% depending upon hitting the soft cap or the hard cap. 4,000 ETH Soft cap 22,000 ETH Hard cap Presale is 7-8% depending upon the hard or soft cap.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 13, 2018, 02:03:47 PM |
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Do you have any vesting period for team tokens?And if yes,for how long team tokens are locked?
There are discussions on length of time and which of the team will be vested.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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zgrdyg
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May 13, 2018, 03:17:48 PM |
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Thanks for the video, lazy people are all around us:) maybe I missed it , can you post it again the ico dates, pre ico etc.
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Tyrannah
Newbie
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Activity: 65
Merit: 0
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May 13, 2018, 08:17:33 PM |
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Is there any bounty campaign going on at the moment?And if there is,do i have to do kyc ?
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DtpNumbered
Jr. Member
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Activity: 117
Merit: 2
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May 13, 2018, 11:18:58 PM |
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Thanks for the video, lazy people are all around us:) maybe I missed it , can you post it again the ico dates, pre ico etc. Its presale at the moment and public sale will start in June.
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EndimyonsDream
Member
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Activity: 209
Merit: 10
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May 13, 2018, 11:20:50 PM |
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I notice that there is a huge amount of tokens in reserve from 45-72% of tokens.How will that be distributed, are you keeping those for the team?
The reserve is there for spending at certain milestones. If the ICO raises the maximum amount that should be enough for all of the engineering and prototyping to get at least the first seastead in the water. The reserves will be sold down the road to build more seasteads. The thinking behind this is that so many of these ICOs raise their full amount of money in the first round then you see the founders out driving lambos and going on kick ass vacations and never actually getting around to doing what they promised (why would they? they have the money). With holding a reserve, Blue Frontiers has the incentive to do well so that they can sell the tokens down the road to continue the project. Everyone in the project wants this to happen, it's not about the money but the vision. Thanks for reassuring me, I see you understand at what was I aiming initially So that means that later there will be more sale events if I understood you properly.Would that be private sales or public ones in later stages if you will need to sell more? I believe the plan is to sell OTC or on an exchange as needed once they reach those milestones. It will be gradual, trying to not disrupt the market. The money they make in the ICO will be split between ETH, BTC, EUR and USD to pay out salaries and contracts for construction. Hopefully BTC and EUR values go up so much that they never have to touch the reserves Nice, will we be able to know the public addresses of those wallets and know what team is doing with funds?
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 14, 2018, 12:27:42 AM |
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I notice that there is a huge amount of tokens in reserve from 45-72% of tokens.How will that be distributed, are you keeping those for the team?
The reserve is there for spending at certain milestones. If the ICO raises the maximum amount that should be enough for all of the engineering and prototyping to get at least the first seastead in the water. The reserves will be sold down the road to build more seasteads. The thinking behind this is that so many of these ICOs raise their full amount of money in the first round then you see the founders out driving lambos and going on kick ass vacations and never actually getting around to doing what they promised (why would they? they have the money). With holding a reserve, Blue Frontiers has the incentive to do well so that they can sell the tokens down the road to continue the project. Everyone in the project wants this to happen, it's not about the money but the vision. Thanks for reassuring me, I see you understand at what was I aiming initially So that means that later there will be more sale events if I understood you properly.Would that be private sales or public ones in later stages if you will need to sell more? I believe the plan is to sell OTC or on an exchange as needed once they reach those milestones. It will be gradual, trying to not disrupt the market. The money they make in the ICO will be split between ETH, BTC, EUR and USD to pay out salaries and contracts for construction. Hopefully BTC and EUR values go up so much that they never have to touch the reserves Nice, will we be able to know the public addresses of those wallets and know what team is doing with funds? Yes, at least for the crypto based funds. Fiat is so much in old times that you can't verify accounts publicly.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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MaggieMcGill
Newbie
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Activity: 108
Merit: 0
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May 14, 2018, 06:30:16 AM |
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Great and futuristic project!
I see that you have team from all over the world,but where exactly is your company registered?
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BestdruidEU
Newbie
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Activity: 70
Merit: 0
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May 14, 2018, 06:53:41 AM |
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Thanks for the video, lazy people are all around us:) maybe I missed it , can you post it again the ico dates, pre ico etc. Its presale at the moment and public sale will start in June. Do you maybe know exact dates for those sale phases?
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Memmoria
Jr. Member
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Activity: 238
Merit: 1
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May 14, 2018, 07:16:58 AM |
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Are there any plans for telegram airdrops soon?That seems like a popular idea lately to spread awareness about the project.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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May 14, 2018, 09:01:23 AM |
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Great and futuristic project!
I see that you have team from all over the world,but where exactly is your company registered?
The company is currently registered in Singapore.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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DtpNumbered
Jr. Member
Offline
Activity: 117
Merit: 2
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May 14, 2018, 12:33:39 PM |
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Thanks for the video, lazy people are all around us:) maybe I missed it , can you post it again the ico dates, pre ico etc. Its presale at the moment and public sale will start in June. Do you maybe know exact dates for those sale phases? Token sale should start on May 15th.
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EndimyonsDream
Member
Offline
Activity: 209
Merit: 10
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May 14, 2018, 12:36:02 PM |
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I notice that there is a huge amount of tokens in reserve from 45-72% of tokens.How will that be distributed, are you keeping those for the team?
The reserve is there for spending at certain milestones. If the ICO raises the maximum amount that should be enough for all of the engineering and prototyping to get at least the first seastead in the water. The reserves will be sold down the road to build more seasteads. The thinking behind this is that so many of these ICOs raise their full amount of money in the first round then you see the founders out driving lambos and going on kick ass vacations and never actually getting around to doing what they promised (why would they? they have the money). With holding a reserve, Blue Frontiers has the incentive to do well so that they can sell the tokens down the road to continue the project. Everyone in the project wants this to happen, it's not about the money but the vision. Thanks for reassuring me, I see you understand at what was I aiming initially So that means that later there will be more sale events if I understood you properly.Would that be private sales or public ones in later stages if you will need to sell more? I believe the plan is to sell OTC or on an exchange as needed once they reach those milestones. It will be gradual, trying to not disrupt the market. The money they make in the ICO will be split between ETH, BTC, EUR and USD to pay out salaries and contracts for construction. Hopefully BTC and EUR values go up so much that they never have to touch the reserves Nice, will we be able to know the public addresses of those wallets and know what team is doing with funds? Yes, at least for the crypto based funds. Fiat is so much in old times that you can't verify accounts publicly. Awesome, you guys are so on top of things You are thinking about everything and love the transparency and approach to community, really in line with project philosophy overall Regarding Fiat - didn't even consider that option for fiat hehehe
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