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magisterr
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June 28, 2018, 06:22:27 AM |
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Seems this is a first ICO on Stellar platform? Or they (stellar) launched ICOs already?
I see that softcap ~16 mln usd (80 mln XLM coins), but what hardcap here?
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Leodalat
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June 30, 2018, 07:33:57 AM |
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I see PayPal among your partners, can you help me better understand how you will cooperate with each other? Will your token be used for trading on the PaPal platform? or something else?
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lipochka_s
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June 30, 2018, 08:50:43 PM |
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I congratulate the team and all ICO members - a soft cap is already there, and this means that the project will live! I like your project, and the team's work is trustworthy. I learned this topic, and I can say that the idea of translation is important and necessary! Yes, it's just everything that is not on the blockchain, it's not very popular and badly adds to the exchanges! How does the team plan to solve this problem?
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Official_BlockFolks (OP)
Copper Member
Newbie
 Offline
Activity: 87
Merit: 0
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July 04, 2018, 09:25:00 AM |
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Seems this is a first ICO on Stellar platform? Or they (stellar) launched ICOs already?
I see that softcap ~16 mln usd (80 mln XLM coins), but what hardcap here?
The softcap for this project is 80M XCLP (USD 4M) and hardcap is 560M XCLP (USD (28M). |
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Official_BlockFolks (OP)
Copper Member
Newbie
Offline
Activity: 87
Merit: 0
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July 04, 2018, 09:27:47 AM |
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I see PayPal among your partners, can you help me better understand how you will cooperate with each other? Will your token be used for trading on the PaPal platform? or something else?
Chynge was under the PayPal Incubator. The PayPal Incubator's nine month program offers: Prime co-working space at PayPal’s Singapore Development Center located at Suntec City. Structured learning conducted by experts in the FinTech industry on Finance and Technology topics. Coaching and mentorship by PayPal executives and subject matter experts. Access to talent from within and outside PayPal. Access to funding through PayPal’s network and VC connections. A collaborative environment where startups feed off each other’s energy, creativity and support. |
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bitcircle
Legendary
Offline
Activity: 1540
Merit: 1002
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July 04, 2018, 09:37:18 AM |
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Seems this is a first ICO on Stellar platform? Or they (stellar) launched ICOs already?
I see that softcap ~16 mln usd (80 mln XLM coins), but what hardcap here?
No it is not the first ICO on Stellar platform as I remembered SureRemit RMT is the very successful project on that platform. Idea of this project is also promising so it will get succeed to raise enough amount to keep continue there and you can find a lot of assets on that platform. https://stellar.expert/explorer/public/asset |
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magisterr
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July 04, 2018, 09:20:41 PM |
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Seems this is a first ICO on Stellar platform? Or they (stellar) launched ICOs already?
I see that softcap ~16 mln usd (80 mln XLM coins), but what hardcap here?
The softcap for this project is 80M XCLP (USD 4M) and hardcap is 560M XCLP (USD (28M). You mean 80m Stellar coin (XLM) or what is XCLM? 1 Stellar (XLM) cost now 0.2 usd. So 80 mln XLP is 16 mln usd. |
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forestharvest
Copper Member
Newbie
Offline
Activity: 196
Merit: 0
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July 08, 2018, 12:59:56 PM |
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Seems this is a first ICO on Stellar platform? Or they (stellar) launched ICOs already?
I see that softcap ~16 mln usd (80 mln XLM coins), but what hardcap here?
The softcap for this project is 80M XCLP (USD 4M) and hardcap is 560M XCLP (USD (28M). You mean 80m Stellar coin (XLM) or what is XCLM? 1 Stellar (XLM) cost now 0.2 usd. So 80 mln XLP is 16 mln usd. I believe XCLP should be the coin of this ICO. |
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Rengganis
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July 08, 2018, 01:34:56 PM |
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from this project thread I still do not understand the project is growing on what basis, but for the sale of coins that do have a good development, I will monitor the progress of this project in the future to know the benefits gained
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necromastery
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July 09, 2018, 07:24:36 AM |
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Good to see Stellar platform is being used, really different with the other project that mostly using ethereum platform. Sometime, something different like this, gets a lot of attention from investors and other crypto enthusiasts. I am sure, this will not lose to those who use eth platform.
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Official_BlockFolks (OP)
Copper Member
Newbie
Offline
Activity: 87
Merit: 0
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July 09, 2018, 05:20:29 PM |
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from this project thread I still do not understand the project is growing on what basis, but for the sale of coins that do have a good development, I will monitor the progress of this project in the future to know the benefits gained
There are many players that are not licensed and not registered. There are several players that are licensed and regulated. There are very few players that are licensed and regulated in multiple jurisdictions, and Chynge is but one of the few. Money transfer is a commodity business and we recognise that. There is no customer loyalty and they will move for a fraction of a penny. Hence, our strategy (from early on) includes working with regulators to attain more licenses, working with partners for speed-to-market, and a combination of FinTech and RegTech to for operational efficiencies and scale. We also have a Smart Compliance engine to reduce the risks for money laundering, terrorism financing, and fraud. Furthermore, our Chynge XCLP token locks FX rates and removes the FX risk from you, the customer. In the crypto world, removing the FX risk is supremely compelling. |
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Ginzink
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July 10, 2018, 06:30:01 AM |
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from this project thread I still do not understand the project is growing on what basis, but for the sale of coins that do have a good development, I will monitor the progress of this project in the future to know the benefits gained
There are many players that are not licensed and not registered. There are several players that are licensed and regulated. There are very few players that are licensed and regulated in multiple jurisdictions, and Chynge is but one of the few. Money transfer is a commodity business and we recognise that. There is no customer loyalty and they will move for a fraction of a penny. Hence, our strategy (from early on) includes working with regulators to attain more licenses, working with partners for speed-to-market, and a combination of FinTech and RegTech to for operational efficiencies and scale. We also have a Smart Compliance engine to reduce the risks for money laundering, terrorism financing, and fraud. Furthermore, our Chynge XCLP token locks FX rates and removes the FX risk from you, the customer. In the crypto world, removing the FX risk is supremely compelling. I must say this is starting to look quite good. You will have offices in the cities as well like the current fiat operators for sending money abroad? |
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Hien08
Newbie
Offline
Activity: 54
Merit: 0
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July 10, 2018, 11:23:10 AM |
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dddudidd
Member
Offline
Activity: 392
Merit: 10
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July 10, 2018, 11:30:03 AM |
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I see this project is good, but I still have not seen the achievement, can you show the achievement of the project to everyone
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kimonjol
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July 10, 2018, 11:39:18 AM |
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I see this project is good, but I still have not seen the achievement, can you show the achievement of the project to everyone
You can see the Chynge project achievement in his official website, where later stated it was going about this project and achievements that have been obtained |
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hirokazu
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July 10, 2018, 12:13:37 PM |
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The token can be stored in any stellar wallet as long as we are save the private key right ? Even which created on the https://www.stellar.org/account-viewer because I just know that's the official stellar wallet. |
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TwinBird23
Newbie
Offline
Activity: 84
Merit: 0
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July 10, 2018, 04:04:47 PM |
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Chynge is fighting financial crime with Chynge Central, a self-owned property rights solution. All customers and transactions are scanned by a combination of predefined risk and algorithm indicators so that suspicious behavior patterns are detected.
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Brooku
Newbie
Offline
Activity: 126
Merit: 0
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July 10, 2018, 05:33:37 PM |
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a promising project and will certainly be very useful for platform holders. hopefully the team will further develop innovation and promotion strategies for the success of this project.
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Ginzink
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July 12, 2018, 07:48:24 AM |
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The token can be stored in any stellar wallet as long as we are save the private key right ? Even which created on the https://www.stellar.org/account-viewer because I just know that's the official stellar wallet. Not an expert in Stellar, but as long as the trust line have been created there should not be an issue. If that were not the case Stellar would not be ranked what it is on cmc  |
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