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[fancy2973]

IMHO, Azbit is developing the service for crypto-dummies, who need a simple service for working with the crypto. You know, like why study crypto market, if you can copy the strategies of other traders or transfer them your assets in management. Advanced crypto users don’t need this.

Crypto-dummies don't need a lot of tools to get started with crypto. They just need a safe exchange where they can make their first purchases.

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[bummm]

The idea behind the project is interesting and I carefully read the documentation but it seems to me that the team does not have enough experience to implement this idea. Although maybe I'm mistaken, need to follow the news.

[AndYou]

I think launching ICO projects during crypto market dropping is a bad idea. Hype is declining, the amount of investment will also fall.

[nixon99]

The idea behind the project is interesting and I carefully read the documentation but it seems to me that the team does not have enough experience to implement this idea. Although maybe I'm mistaken, need to follow the news.

Thanks for your interest! Our team already has experience of creating such a service: the Bitsane trading platform, which has been successfully running and growing since 2016. Besides, our team has experienced traders, technical specialists, and professionals from the banking sector.

[Urbanbypas]

Amount of investment is falling?! Do you read the news?! CoinDesk wrote that in the first three months ICO raised more money than the whole of 2017.

[AndYou]

It's all the consequences of the hype in 2017 - people still invest money in ICO, because they heard many guys made a huge profit from it last year. But those were the first ones. And it's very obvious that everything is only going to get worse.

[nixon99]

It's all the consequences of the hype in 2017 - people still invest money in ICO, because they heard many guys made a huge profit from it last year. But those were the first ones. And it's very obvious that everything is only going to get worse.

Still on the subject of ICO fundraising in 2018 - in the first six months of 2018 year ICO funding has passed 2017's total. It seems that the hype hasn’t stopped, despite the predictions On the other hand, you’re right – the falling crypto market is not the best time for fundraising. ICO entrance threshold has increased. Today, weak ICO projects, which only include the word "blockchain" in their WP, will not collect the amount claimed. Investors have become more attentive and cautious. And this is very good – high-quality projects will survive, and weak ones will disappear. That is how it should be.

[AndYou]

This year much hyped projects as Telegram and EOS raised billions. How do I know Azbit is a strong project?

[Urbanbypas]

This year much hyped projects as Telegram and EOS raised billions. How do I know Azbit is a strong project?

It’s unrealistic for private investors to enter ICO projects such as Telegram – "whales" and investment funds share everything there.

[Lukas Tarantas]

This is a poll about the adoption of cryptocurrency, what's Azbit got to do with it?

Fundraising is generally not an indicator of the project quality, it’s an indicator of well done PR and high expectations of investors. There are rumors that a new thing has now appeared – ICOs are buying each other’s tokens to create an image of a good fundraising and attract investors. Therefore, the real indicators of ICO "quality" are the team and its willingness to communicate and answer difficult questions. And ideally the availability of MVP. Everything else can be faked.

[nixon99]

This year much hyped projects as Telegram and EOS raised billions. How do I know Azbit is a strong project?

Write to us what parts of our project raise doubts? Ask any questions here or in our Telegram-chat – it works 24 hours a day. In Telegram-chat, the project's founders answer a lot of questions personally.

[AndYou]

Ok, we'll see. By the way, you’ve mentioned earlier about having the MVP - Bitsane crypto exchange. But there are no SAMM / RAMM accounts on it, so this can’t be considered as an MVP.

[Lukas Tarantas]

Ok, we'll see. By the way, you’ve mentioned earlier about having the MVP - Bitsane crypto exchange. But there are no SAMM / RAMM accounts on it, so this can’t be considered as an MVP.

Does Telegram have a direct MVP? They only have a messenger, which does not relate to the crypto.

[nixon99]

Ok, we'll see. By the way, you’ve mentioned earlier about having the MVP - Bitsane crypto exchange. But there are no SAMM / RAMM accounts on it, so this can’t be considered as an MVP.

Does Telegram have a direct MVP? They only have a messenger, which does not relate to the crypto.

You’re right. Investors put money into Telegram because they believe in Durov and his team, who has already created one successful project, even though in another sphere. They invest in EOS because BitShares and Steem are Larimer’s best achievements.

[AndYou]

And what is Azbit’s achievement?

[nixon99]

And what is Azbit’s achievement?

(in fact) We have the foundation for building our project – a successful crypto exchange and successful forex platforms with trading and investment functionality.

[AndYou]

Bitsane - No. 166 on CoinMarketCap. Is it a successful crypto exchange?!

 

[nixon99]

Bitsane - No. 166 on CoinMarketCap. Is it a successful crypto exchange?!

 

In January Bitsane had a turnover of 13 million per day, this was due to positive feedback from CNBC. Once Mt.Gox and BTCe were the top crypto exchanges, and where are they now? The indicator of success is not only the trading volume, but also smooth implementation of trade, compliance with all laws, established banking and payment transactions. This is a solid basis for trading and investment functionality.

[Gleborg]

I always used to read that one of the success factors for a new business project is the right choice of target audience. When I read Azbit WP, I didn’t fully understand who would be the main platform users - crypto novices or crypto trading professionals. Maybe you should concretize this question and specify your particular audience?

[Happy Miner]

It seems that the platform is designed for both of them. That is, the platform is created for all crypto users. Considering that still only a very small part of the world’s population are crypto users, the audience is narrow enough)