[ANN] Aussie Digital – An E-Commerce Platform Based on Blockchain Technology

[arvindjais1234]

This rewards will have any sense only if the token price remains stable. And I have doubts about that.

Read this to get a better understanding about how staking works.
https://aussiedigital.io/news-detail/staking-with-aussie-digital-say-goodbye-to-the-bear-market

[arvindjais1234]

Don't you think your ICO can become everlasting? Investors want to see any real results to be shown.

Our entire Ecosystem is almost done and we have not finish our ICO yet.

I can't undrestand what do you have now: ICO or pre-sale? Cause different sources have different information.

This is a presale now...it hard to change the ICO listing sites so we gave up on that. Now your ether involved with the project already or hear about it through word of mouth the participate

[arvindjais1234]

How all your platforms like Tradezy, Tradego, Chatezy actually work together?

Through tradezy.io you buy and sell. Through Chatezy you communicate with Stores and Customers. Through Tradedo you enter and exit the Ecosystem.

[arvindjais1234]

What is the general situation with the cryptocurrency regulation in Australia? Is it hard to launch an ICO there?

It depends on your fundraising model. What we are doing is 100% legal. Yes ICOs are legal here. Laws change quickly so who knows how long that will last. Especially when we seen dodgy ones popup here. Thats no good for business.

So, ICOs are legal. What about STOs, IEOs, other fundraising models?

IEOs would be run through a registered Exchange if it were held within Australia.Other than that it is no different to an ICO. STOs have rules and guidelines.

[arvindjais1234]

So, Tradezy platform helps small retailers to manage their stores with the help of blockchain technology, right?

Traezy.io allows Store Owners to setup Shop with a Crypto payment method already in place. As apposed to have to a payment methed yourself elswhere which would eith require extra funds or skills.

[arvindjais1234]

Don't you think your ICO can become everlasting? Investors want to see any real results to be shown.

I watch other project where investors are investing in promises only. They have nothing more than an idea they are trying to flog and most time a useless idea that only helps themselves.

What particular project are you talking about? Something similar, your competitor? Another e-commerce blockchain startup?

Crypto funded startups in general. I wont name any though... Not here to point anyone out.

[arvindjais1234]

Have these people that invested in summer (July-August) received their tokens already?

Yes. As soon as our Staking program began they started staking their AUDcoin

[arvindjais1234]

Very interesting conception. I still don't understand fully how ill you manage to generate so large rewards.

Staking is like a distribution method, We are only releasing a very small about of AUDcoin in the beginning. The rest get released through staking. So while 10% sounds like a lot its only 10% of a very small amount.

[arvindjais1234]

Aussie Digital

Website: www.aussiedigital.io

ICO Price: 1 Cent

Ticker: AUD

Total Supply: 25,000,000,000 AUD

So, your goal is to collect $250,000,000, right? Great ambitions, but are there realistic?

Hell no.. Far from realistic. Thats the total supply. Our hardcap is 1,200,000 . The rest goes into the staking pool.

Staking pool? How will it work? Won't the token price be reduced much in this case?

The Staking Pool is the rest of unsold AUDcoin. Through staking members
/ participants. " You could be a Aussie Digital member without participating in staking" earn more AUDcoin. You need to own AUDcoin in order to Stake. So after our ICO is over the only way to get into staking will be to buy someone else's AUDcoin from an exchange.

[arvindjais1234]

What is the general situation with the cryptocurrency regulation in Australia? Is it hard to launch an ICO there?

It depends on your fundraising model. What we are doing is 100% legal. Yes ICOs are legal here. Laws change quickly so who knows how long that will last. Especially when we seen dodgy ones popup here. Thats no good for business.

What "dodgy ones popups" are you talking about? Can you clarify, please?

Im talking about scam projects....No i wont name any this is not the place for that.

[arvindjais1234]

How can you prove your project is legal and legit except of just your words?

We have been around for over a year now. The only proof we can give is progress. We have a pretty good reputation and online presents. I dont think you will find anything terrible about us online. Maybe an idiot here and there causing FUD but that comes with the territory. Actions speak louder than words so we will continue to prove ourselves through action.

[sergeifrolenkov]

I now like how the project works and develops.
I will continue to monitor how the project works and I am sure that I will be able to buy tokens for me.

It will be very profitable to receive passive income every month. I'm really interested in that possibility.

I'm tired of these failed "passive income" projects. Why Aussie Didital is going to be better?

I would be really surprised if the token price wasn't dumped right after listing. Let's see but I'm not so optimistic about the project's future.

How..everyone is locked in to stake!!!!!! No chance of dumping ... There will be steady sells once where on exchange which is what we need. We will need people selling so new people can stake.

Now locked, but why do you think staking participants won't dump their tokens after listing?

[naska21]

This rewards will have any sense only if the token price remains stable. And I have doubts about that.

Read this to get a better understanding about how staking works.
https://aussiedigital.io/news-detail/staking-with-aussie-digital-say-goodbye-to-the-bear-market

I have used to use word of staking for  those coins that participate in consensus algo and in very doubt Aussie utilizes PoS protocol that requires real staking. Froь where I sit.... speaking of Aussie one  deals with locked coins backed by interest   ( I locked mine for 6 moths) rather than with stacked ones.

[Joao_Faquir]

What do you mean that "everyone is locked to stake"? That's not possible to withdraw the tokens, right?

[golfbahandsil]

What is the most popular e-commerce platform in Australia for now? Is it Amazon or any local store?

Australia is not really embracing Amazon. Ebay is the biggest.

Ebay is not the typical e-commerce platform. What about the local Australian ones? Do you consider them as your competitors?

[kinstler8]

AUDCoin has completely unique revenue sharing system and nobody can say for sure if it's working strategy in longterm.

[ZDR_42all]

I can't understand if AUD is going to have big own e-commerce platform or help other e-commerce platforms or both?

[avshamyan]

Yeah, it sounds realy cool, but will this conception work? As you know, it's not so easy to work with e-commerce.

Yes most have failed but you also must wonder how hard did they really try?

Have anybody tried to combine blockchain and e-commerce before? And what results they had?

Yes they have... and pretty much epic fails! Maybe because of lack of commitment ...maybe because of lack of vision. But mostly a lack of understanding E-commerce.

Great then, but why AUDcoin is better? Because of your team and their experience?

[KTO_TO_TAM_TO]

Do you have own crypto exchange, right? Has it already been launched?

[ZDR_42all]

Don't you think your ICO can become everlasting? Investors want to see any real results to be shown.

Our entire Ecosystem is almost done and we have not finish our ICO yet.

I can't undrestand what do you have now: ICO or pre-sale? Cause different sources have different information.

This is a presale now...it hard to change the ICO listing sites so we gave up on that. Now your ether involved with the project already or hear about it through word of mouth the participate

Now the pre-sale but you had ICO before, right? So, after this pre-sale, will be another ICO round?