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Author Topic: [ANN]✅ [ICO] Open Packaging Network [ANN]✅ [ICO]  (Read 3186 times)
OpenPackagingNetwork
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August 24, 2018, 10:16:43 PM
 #161

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 
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August 24, 2018, 10:21:35 PM
 #162

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

OpenPackagingNetwork
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August 24, 2018, 10:27:45 PM
 #163

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?
Oh such clause is in WP? What will happen to our bounty stakes and tokens if platform don't continue because soft cap is still not Achieved?

As stated, the refund If soft cap not reached clause would not hold as its been updated and OPN project will continue. So all bounty and other campaign rewards still stands.
OpenPackagingNetwork
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August 24, 2018, 10:32:43 PM
 #164

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

Its normal for every start up to project minimum amount of funds or resources to be used for the execution of its roadmap objective especially in the preliminary years and stages of the project for it to find its feet. So after careful observation, soft cap was our yardstick. I hope that helps.
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August 25, 2018, 11:23:39 AM
 #165

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?
Oh such clause is in WP? What will happen to our bounty stakes and tokens if platform don't continue because soft cap is still not Achieved?

As stated, the refund If soft cap not reached clause would not hold as its been updated and OPN project will continue. So all bounty and other campaign rewards still stands.

I believe that is a good sigh of relieve as this is such good project and it would have been So bad to stop it because of soft cap is not reached

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August 25, 2018, 03:25:34 PM
 #166

There’s something bipolar going on into the current packaging industry. Consumers are always more shopping online while seeking out for more sustainability. Seem to love all this brand new smart packaging stuffs, while choosing products with those old-fashioned and vintage labels. Look for the best price, while don’t want to renounce to quality. Assert they don’t want packaging anymore while seeking for wrappings that extend food freshness, preserve ingredient fortification, and ensure safe delivery.

How can the sector stand up to all those pressures, to the new consumers’ requests, to the disruption of the whole industry system? And, more important, why have those challenges became so urgent now and how can we face them?
Well, let us proceed in order.
Packaging has always been ubiquitous but overlooked at the same time: customers’ demand changing, sustainability issues, the rise of e-commerce and IoT technologies, brands’ requests for packages to play a more active role in marketing their products, raw market fluctuations are squeezing out industry professional and imposing pressures both from above and below.

1) Packaging Vs New Shopping Methods

One has always been used to look at packages on the good old store shelves, side by side with their competitors in a limited space. Now, with the growth of e-commerce, packages have to grab consumers attention on a huge, overcrowded market where packaging is only apparently useless: brands could make their products more appealing by showing them unwrapped, or by using photos to show shoppers the products’ natural ingredients or other unique features, but they actually keep on using the packages for attracting new buyers. Read more..
https://medium.com/@openpackaging/on-packaging-industry-disruption-and-how-we-are-facing-it-e9c8781f1601

So in the supply chain circumspect, OPN is going to have competition in amazon or the other way round?
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August 25, 2018, 03:37:32 PM
 #167

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?
Oh such clause is in WP? What will happen to our bounty stakes and tokens if platform don't continue because soft cap is still not Achieved?

As stated, the refund If soft cap not reached clause would not hold as its been updated and OPN project will continue. So all bounty and other campaign rewards still stands.

I believe that is a good sigh of relieve as this is such good project and it would have been So bad to stop it because of soft cap is not reached

Lol, good sigh of relief? On the other hand, if the project couldn't push through due to funds constraints, the contributors would complain that the clause should had been included. And you wouldn't blame the team if they couldn't push through due to coatings. As you can see the cost of paying dev, ux/ui designers, marketing etc is a lot. So I think it was just a way of playing safe.
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August 25, 2018, 03:43:28 PM
 #168

That is the important decision to be taken by the team
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August 25, 2018, 03:48:25 PM
 #169

So even after inputing the clause and the team decides to move on with the project without the clause, its totally a decision to be taken by the team to reverse it.
OpenPackagingNetwork
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August 25, 2018, 03:52:50 PM
 #170

U.S. Customs and Border Protection tests a blockchain-based shipment tracking system

Tech news and media agency GSN reported yesterday that one of the largest law enforcement agencies in the U.S., Customs and Border Protection (CBP), will launch a live test of a blockchain-based shipment tracking system. Already in June, the U.S. Department of Homeland Security (DHS) had awarded a grant of $192,380 to blockchain project Factom to support beta testing of a platform aimed to secure data from Border Patrol cameras and sensors and to prevent manipulation of data and potential hacking attacks on devices operating on the borders and airports. Read more..
https://medium.com/@openpackaging/u-s-customs-and-border-protection-tests-a-blockchain-based-shipment-tracking-system-20511a9daaf8
OpenPackagingNetwork
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August 25, 2018, 03:54:45 PM
 #171

So even after inputing the clause and the team decides to move on with the project without the clause, its totally a decision to be taken by the team to reverse it.

Yes. And we have done so in like manner. That's why we changed the clause and inform the community of pur latest decision to forge ahead.
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August 25, 2018, 04:13:01 PM
 #172

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

Its normal for every start up to project minimum amount of funds or resources to be used for the execution of its roadmap objective especially in the preliminary years and stages of the project for it to find its feet. So after careful observation, soft cap was our yardstick. I hope that helps.

Very true. But my question; now that the clause of refund if soft cap not reached is removed, what happened? Are you intending to raise the funds to pilot the platform to completion or what's the plan?
OpenPackagingNetwork
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August 25, 2018, 04:18:33 PM
 #173

There’s something bipolar going on into the current packaging industry. Consumers are always more shopping online while seeking out for more sustainability. Seem to love all this brand new smart packaging stuffs, while choosing products with those old-fashioned and vintage labels. Look for the best price, while don’t want to renounce to quality. Assert they don’t want packaging anymore while seeking for wrappings that extend food freshness, preserve ingredient fortification, and ensure safe delivery.

How can the sector stand up to all those pressures, to the new consumers’ requests, to the disruption of the whole industry system? And, more important, why have those challenges became so urgent now and how can we face them?
Well, let us proceed in order.
Packaging has always been ubiquitous but overlooked at the same time: customers’ demand changing, sustainability issues, the rise of e-commerce and IoT technologies, brands’ requests for packages to play a more active role in marketing their products, raw market fluctuations are squeezing out industry professional and imposing pressures both from above and below.

1) Packaging Vs New Shopping Methods

One has always been used to look at packages on the good old store shelves, side by side with their competitors in a limited space. Now, with the growth of e-commerce, packages have to grab consumers attention on a huge, overcrowded market where packaging is only apparently useless: brands could make their products more appealing by showing them unwrapped, or by using photos to show shoppers the products’ natural ingredients or other unique features, but they actually keep on using the packages for attracting new buyers. Read more..
https://medium.com/@openpackaging/on-packaging-industry-disruption-and-how-we-are-facing-it-e9c8781f1601

So in the supply chain circumspect, OPN is going to have competition in amazon or the other way round?

Amazon won't be our competitor as regard platform marketplace; they are into general ecommerce we are specific to the packaging space. On the other hand, Amazon uses a lot of packaging materials and most probably packaging equipments. In this regard, they might need a platform to contact large scale packaging material dealers and OPN platform will be the perfect spot for them and the likes.
OpenPackagingNetwork
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August 25, 2018, 04:26:14 PM
 #174

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

Its normal for every start up to project minimum amount of funds or resources to be used for the execution of its roadmap objective especially in the preliminary years and stages of the project for it to find its feet. So after careful observation, soft cap was our yardstick. I hope that helps.

Very true. But my question; now that the clause of refund if soft cap not reached is removed, what happened? Are you intending to raise the funds to pilot the platform to completion or what's the plan?

Ofcus, ab initio our plan was not to fund the project 100% from us, else we won't have done a presale and ICO. That said, we are determined to build a world class platform for the packaging space and the determinination has gone beyond raising soft cap or not.

Secondly, due to current market situation, we have considered the community and investors that's why we have removed the "soft cap not reached refund clause from our white paper" and extended the ICO till year end. However, our presalw is ongoing and our ICO coming soon, we are confident that we will garner support there.
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August 25, 2018, 04:50:59 PM
 #175

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform.

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

Its normal for every start up to project minimum amount of funds or resources to be used for the execution of its roadmap objective especially in the preliminary years and stages of the project for it to find its feet. So after careful observation, soft cap was our yardstick. I hope that helps.

Very true. But my question; now that the clause of refund if soft cap not reached is removed, what happened? Are you intending to raise the funds to pilot the platform to completion or what's the plan?

Ofcus, ab initio our plan was not to fund the project 100% from us, else we won't have done a presale and ICO. That said, we are determined to build a world class platform for the packaging space and the determinination has gone beyond raising soft cap or not.

Secondly, due to current market situation, we have considered the community and investors that's why we have removed the "soft cap not reached refund clause from our white paper" and extended the ICO till year end. However, our presalw is ongoing and our ICO coming soon, we are confident that we will garner support there.

Okay. Good to see such commitment to see a product come to fruition. Putting the project first more than the funds. Hope more people put in more support during ICO.
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August 25, 2018, 04:58:34 PM
 #176

The clause of refunding contributors if soft cap not reached is still prominent in your white paper. What is the plan? Will it be updated if soft cap not reached or refund is the plan?

That Clause have been updated. The project and platform development will continue irrespective of the soft cap reached Or not. OPN will move on to build platform. 

Such strong clause. Admin, What was the rationale behind such putting that clause in the whitepaper plan?

Its normal for every start up to project minimum amount of funds or resources to be used for the execution of its roadmap objective especially in the preliminary years and stages of the project for it to find its feet. So after careful observation, soft cap was our yardstick. I hope that helps.

Very true. But my question; now that the clause of refund if soft cap not reached is removed, what happened? Are you intending to raise the funds to pilot the platform to completion or what's the plan?

Ofcus, ab initio our plan was not to fund the project 100% from us, else we won't have done a presale and ICO. That said, we are determined to build a world class platform for the packaging space and the determinination has gone beyond raising soft cap or not.

Secondly, due to current market situation, we have considered the community and investors that's why we have removed the "soft cap not reached refund clause from our white paper" and extended the ICO till year end. However, our presalw is ongoing and our ICO coming soon, we are confident that we will garner support there.

Oh wow. Much passion from your side I guess. Funding a project right now in such market will be such huge funding. 98% of projects won't do such. Wish the team succeed.


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August 26, 2018, 06:56:17 PM
 #177

New project is again good for the present and the future, it seems that later many people will be interested in this project to enliven this project to success, of course. Hopefully this project will be successful with satisfying results, so it can develop even more successfully.
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August 26, 2018, 09:10:03 PM
 #178

New project is again good for the present and the future, it seems that later many people will be interested in this project to enliven this project to success, of course. Hopefully this project will be successful with satisfying results, so it can develop even more successfully.

That would be a decision to be taken by the team to lead this good project to a successful completion by achieving the roadmap step by step.

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August 26, 2018, 09:20:13 PM
 #179

I can see the  CMR file evident in your whitepaper, what is iteaning and importance in OPN?
OpenPackagingNetwork
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August 26, 2018, 09:22:33 PM
 #180

New project is again good for the present and the future, it seems that later many people will be interested in this project to enliven this project to success, of course. Hopefully this project will be successful with satisfying results, so it can develop even more successfully.

That would be a decision to be taken by the team to lead this good project to a successful completion by achieving the roadmap step by step.

Thanks for tour support. The team will make the best choices that will be beneficial for the community and platform.
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