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[Lukas Tarantas]

Hello everyone. Given the fact that Azbit postpones its ICO – in your opinion what are the prospects for the development of cryptocurrency ecosystems if crypto market continues to fall or hang, let’s assume on $ 400 for bitcoin, as it was several years ago.

I think if it hovers, at any level, it still will be better for the crypto industry development than a price swing from 20 thousand to 6 thousand for BTC and back. Speculators, insiders gain profit from sharp price fluctuations - those who need to quickly grab and run away to Hawaii. For the development of serious projects, a stable exchange rate or slow growth is better. This is my opinion. I’ve already long been following crypto news and have a good understanding of the topic.

[Urbanbypas]

Hello everyone. Given the fact that Azbit postpones its ICO – in your opinion what are the prospects for the development of cryptocurrency ecosystems if crypto market continues to fall or hang, let’s assume on $ 400 for bitcoin, as it was several years ago.

Cryptocurrencies, crypto exchanges and the demand for their services will exist, even if bitcoin disappears. Even those countries that consider cryptocurrencies to be evil are actively implementing  blockchain - China, Iran, Russia and others.

[nixon99]

Hello everyone. Given the fact that Azbit postpones its ICO – in your opinion what are the prospects for the development of cryptocurrency ecosystems if crypto market continues to fall or hang, let’s assume on $ 400 for bitcoin, as it was several years ago.

When our team launched the Bitsane crypto exchange in 2016, bitcoin was just slightly above $ 400. This did not prevent the platform from functioning and development - it is still operating successfully today. Azbit has decided to postpone the ICO taking into account the advice of experienced crypto advisors. The current situation on the cryptocurrency market is one of the reasons to postpone ICO, but not the only one. We plan to develop the project even if bitcoin disappears)

[Lukas Tarantas]

Azbit, don’t you plan to launch your investment functionality in the test mode – so that everyone understand how to work with SAMM, RAMM.

[Urbanbypas]

Yes, like in Forex - test accounts for beginners to train.

[mv1986]

Did the current crypto market downturn scare you? After all, crypto market is always volatile, you should have foreseen this.

How to foresee the declining or rising crypto trend for several months in advance? Professional analysts and traders are always making mistakes. If you know how to predict the behavior of the crypto market, why are you not on the Forbes list yet? ))

Everybody knows the market is volatile. Yet it doesn't mean anyone knows how to best time the market. Could go up significantly any moment.

[nixon99]

Azbit, don’t you plan to launch your investment functionality in the test mode – so that everyone understand how to work with SAMM, RAMM.

It’s a good idea! It’s a challenge for our developers. Although, in fact, from the users point of view the functionality will be simple organized. On our YouTube channel you can watch short videos about it - https://www.youtube.com/channel/UCotNyvts6S3nvtQlQSIZhWw

[Urbanbypas]

Simple - what do you mean?

[Grigorashev]

And what is the point of creating an ICO incubator mentioned in WP? You still need to launch your ICO, but already promise to help other ICOs)

[Lukas Tarantas]

So this is an additional functionality that will be implemented certainly not at the first stage. And the scheme is quite understandable. ICO-incubator is like a music producer: it selects the best ICOs, promote them, and if it's a big hit - the producer gains a part of the profit.

[nixon99]

Simple - what do you mean?

In the sense that the main advantage of the functionality is the ease of use. Its task is to simplify access to investment and investment tools for crypto investors and crypto traders. Crypto investors can select the most successful trader and copy his schemes or entrust him the funds for management. Azbit platform provides profit distribution, security of fund transfers and verification of traders. Simply and safely - this is the essence of Azbit platform.

[nixon99]

So this is an additional functionality that will be implemented certainly not at the first stage. And the scheme is quite understandable. ICO-incubator is like a music producer: it selects the best ICOs, promote them, and if it's a big hit - the producer gains a part of the profit.

That's right! And new tokens on the exchange will serve to increase trade turnover, liquidity, platform's income and dividends for investors. In general, everyone will benefit from ICO-incubator.

[Grigorashev]

I saw the branch on the bitcointalk about Bankera project that is similar to Azbit - the last messages from users, to put it mildly, dissatisfied - the rate of the token falls, payments to the tokens holders are tiny. What's the difference between Azbit and Bankera?

[Lukas Tarantas]

Read the branch above, we’ve already discussed Bankera.

[nixon99]

I saw the branch on the bitcointalk about Bankera project that is similar to Azbit - the last messages from users, to put it mildly, dissatisfied - the rate of the token falls, payments to the tokens holders are tiny. What's the difference between Azbit and Bankera?

We do not know the internal situation of the Bankera project, so we can make assumptions only by external unfavorable factors. The development of the Bankera project and its ICO was launched in 2017, when the regulators did not take strict measures against ICO and banks that serviced cryptocurrency projects and cards. And then, at the end of 2017 – beginning 2018 conditions have sharply deteriorated - banks refuse to work with crypto projects, cryptocurrency cards are eliminated. We hope that Bankera will overcome all difficulties – crypto market will only benefit from this.
 
As for Azbit, our advantage is that we start in relatively unfavorable conditions (if to compare with 2017), therefore we do not set unrealistic objectives. And, as we’ve repeatedly noted - Bankera is a project of cryptocurrency banking, and Azbit  is a cryptocurrency ecosystem.

[akristofor]

Simple - what do you mean?

In the sense that the main advantage of the functionality is the ease of use. Its task is to simplify access to investment and investment tools for crypto investors and crypto traders. Crypto investors can select the most successful trader and copy his schemes or entrust him the funds for management. Azbit platform provides profit distribution, security of fund transfers and verification of traders. Simply and safely - this is the essence of Azbit platform.

Amazing! That's exactly what crypto market needs!
Many people are too scared to get into cryptocurrency market because they just don't know how it works or don't have enough time to figure it out. Making it simpler is great because it can bring a lot of new money into the market (and a lot of clients to Azbit  ).

[akristofor]

How much money will you provide for bounty campaing?

For bounty campaign we will allocate 2,5 % of total AZS amount.

Ok, but will bounty campaing present an opportunity to participate in bug seeking bounty?

No, Azbit bounty pool doesn't include a reward for bug seeking.

Do you already have a full list of bounty activities?

[nixon99]

How much money will you provide for bounty campaing?

For bounty campaign we will allocate 2,5 % of total AZS amount.

Ok, but will bounty campaing present an opportunity to participate in bug seeking bounty?

No, Azbit bounty pool doesn't include a reward for bug seeking.

Do you already have a full list of bounty activities?

Not yet. But complete Azbit bounty pool is on the final stage of development.

[antoclaus]

What about translations? Are they on the list?

[akristofor]

What about translations? Are they on the list?

I hope not. Usually translation bounties are made in Google Translate and that's not a good thing for the project. I think it's better if they pay for a professional translation, than leave it to the public.