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Author Topic: [ANN] [XTV] Centive - Blockchain-based Incentive Network  (Read 6819 times)
Dofus
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August 29, 2018, 04:22:00 AM
 #41

Hey, I'm little skeptical about revenue. Can you explain in easy to understand terms how you plan to keep this funded after ICO funds are gone?
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chongdotcom
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August 29, 2018, 05:15:01 AM
 #42

@PricelessBing , yes we do at http://reddit.com/r/centive

@Dreaming , it is a utility token

@Kazzy , all our products are built with security in mind and will be thoroughly audited before rolling out. By the way, the wallet is cold-storaged just like big boys out there Quoine/Qash and Bitmex

@okspam ,

for investors - we welcome anyone, and have rejected big boys (which we will not name) because when big boys come to play, they expect to get tonnes of tokens for cheap, which will drive down the token prices in the medium run

for users - businesses; small and medium sized to begin with. we need to get adoption going, as that's the only way value can be added to the network

@Dofus,

Our burn rate is projected to last somewhere around 5 years, if we raised 35M, however, we plan to breakeven by Year 3. In the absolute worse case scenario, we can drag our funding out 7 to 8 years - which by most tech company standards is enough to breakeven.

If additional fundraise is needed: we have options to fundraise from VCs as well as potentially doing a RTO (Reverse take over) down the road, which gives us access to more public funding.
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August 29, 2018, 07:32:35 PM
 #43

Blockchain technology is changing the world as we know it — whether we like it or not. Just as taxi drivers are losing their jobs to the Ubers of the world, countless industries will be upended by blockchain technology — even if they did not realize it yet. Wink
Dreaming
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August 29, 2018, 08:00:49 PM
 #44

This project is amazing. I am sure if you launched last summer you would've raised $50M-100M ICO! I'll be using this, also going to refer it to some friends.

A lot of people have heard about crypto in the past year but people are scared to jump into buying since the crash, even though this is the best time for them to buy in. I definitely think we are bottoming out…. Anyways, great project, makes me excited for crypto again. I'll be a Centive token buyer.
Albert Val
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August 29, 2018, 08:15:06 PM
 #45

Sorry, but I did not find information about your softcap, can I ask about it here?
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August 29, 2018, 08:19:20 PM
 #46

Impressive assessments of your project on various resources. I wish success in the promotion of the project Wink
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August 29, 2018, 08:20:37 PM
 #47

Are there any restrictions for investors from countries such as the USA or China?
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August 29, 2018, 08:27:14 PM
 #48

Are there any restrictions for investors from countries such as the USA or China?

I was just going to ask this.

I'm from the US and I keep getting turned down as a potential investor. Hopefully Centive will allow it.
Adebits
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August 29, 2018, 08:35:09 PM
 #49

Only 35% of the token is allocated for the token sale. The remaining 65% is still within the ecosystems. I think the token distribution is not to healthy for investors
Dreaming
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August 29, 2018, 08:39:11 PM
 #50

How much does it cost to purchase tokens and what happens if you don’t raise what you’re trying to raise?
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August 29, 2018, 08:50:32 PM
 #51

Are there any restrictions for investors from countries such as the USA or China?

I was just going to ask this.

I'm from the US and I keep getting turned down as a potential investor. Hopefully Centive will allow it.
I found that information - restricted areas: USA, Syria, Iran, Iraq, Yemen, North Korea, Tunisia, Cayman Islands
zaxarsavin
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August 29, 2018, 08:52:21 PM
 #52

Hello! How much is this project in demand? How many clients did he manage to interest?
omarbajram
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August 29, 2018, 09:02:39 PM
 #53

Greetings! Tell me, and with what wallets can I use the platform? Or does she have her own wallet?
Abamath
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August 29, 2018, 09:05:37 PM
 #54

Hello! Great idea for the project! I believe that this is very useful for business, especially small. Keep it up!
Finleynar
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August 29, 2018, 09:08:48 PM
 #55

Hello everyone! I have a small question. And when will the project start ICO?
bitcoinmistress
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August 29, 2018, 09:13:34 PM
 #56

Greetings! Tell me, and with what wallets can I use the platform? Or does she have her own wallet?
If I'm not mistaken, you can use any wallets on the ethereum
bitcoinmistress
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August 29, 2018, 09:14:58 PM
 #57

Hello everyone! I have a small question. And when will the project start ICO?
The site says that the start will begin in 19 hours Smiley
zhouxianli
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August 29, 2018, 09:16:23 PM
 #58

Hello everyone, great project for small business development. I really liked your video and I would like to see more
Nick808
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August 29, 2018, 09:18:42 PM
 #59

Hello everyone, great project for small business development. I really liked your video and I would like to see more

the project is very interesting a lot of course depends on the start but if they do it right then the growth in usage and price will be exactly one hundred percent.
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August 29, 2018, 09:27:14 PM
 #60

Hello! I have such a question: what will it take to use the services of the project?
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