[ANN] Natmin Pure Escrow - Escrow Services powered by Blockchain Technology

[ethtrader16]

I was about to start reading your whitepaper, I noticed it's already translated into about 13 languages, Italian, German, Arabic and French all inclusive, I was impressed for real.

Wow. They really want to get across to a wide range of individuals. Very good strategy to employ at just the early stages of a project.

I guess whitepaper in multiple languages would more flexible to understand project concept. It will really help to those people who they not much comfortable with English language.

[Cnote112]

I do not think I’ve seen a project with no softcap before, this is encouraging for investors, but it does beg the question where will the funds come from if they raise a small amount? What’s the point in doing an ICO if you do not have a minimum?

The reason for no softcap is simple; we believe in the project and know it will work. If we don't raise enough money for team expansion after the ICO, the project will end up being self-funded by the CEO. The problem with that is the timelines for product delivery will then, unfortunately, increase significantly.

I love the belief from the CEO and the team. I’ve been talking to a couple of the team members on the telegram group and it is refreshing to speak with an admin that actually knows what they are talking about. I got instant answers and it seems like everyone in the team wants to succeed.

Obviously very understandable if time frames and turn around times are extended if the token sale isn’t successful, but I have a strong feeling Natmin will do well and I’m extremely excited to see how the team will progress.

That is actually when VCs look for before investing; how eager are the team member to make a project a success; If there is no softcap and not enough funds were raised the projects is going to be executed anyway. I think this means one should jump into their bounty as well.

you literally wrote what's on my mind, I ain't no VC's but my interest has been caught because of how confidence the team and CEO are about their project. Project like this tend to get more investors than they bargained for.

[jamzzz123]

I was about to start reading your whitepaper, I noticed it's already translated into about 13 languages, Italian, German, Arabic and French all inclusive, I was impressed for real.

Wow. They really want to get across to a wide range of individuals. Very good strategy to employ at just the early stages of a project.

I guess whitepaper in multiple languages would more flexible to understand project concept. It will really help to those people who they not much comfortable with English language.

It would certainly entice more people internationally at a global scale, would be a good idea to get some translations done and offer a reward upon completing

[Ace44]

I do not think I’ve seen a project with no softcap before, this is encouraging for investors, but it does beg the question where will the funds come from if they raise a small amount? What’s the point in doing an ICO if you do not have a minimum?

The reason for no softcap is simple; we believe in the project and know it will work. If we don't raise enough money for team expansion after the ICO, the project will end up being self-funded by the CEO. The problem with that is the timelines for product delivery will then, unfortunately, increase significantly.

I love the belief from the CEO and the team. I’ve been talking to a couple of the team members on the telegram group and it is refreshing to speak with an admin that actually knows what they are talking about. I got instant answers and it seems like everyone in the team wants to succeed.

Obviously very understandable if time frames and turn around times are extended if the token sale isn’t successful, but I have a strong feeling Natmin will do well and I’m extremely excited to see how the team will progress.

First, it clearly shows how much the team is believing in their own concept. If they don't believe it, who will then. Salute to the decision of the CEO. Its just a nice opportunity to grab such a nice token to be part of our portfolio.

Seriously that decision taken by the them is really a good one, like i stated earlier, i'm bored with the hardcap and softcap thing and using just the hardcap in terms of raising the needed capital is not just unique but a good process and believe it or not, it will attract investors into the brand, people love to see something new from what they've been seeing

[em777]

If you are offering escrow services, where can we see all your works that can prove that you can be trusted and can deliver such objectives?
Do you have this company legally registered? And where?
Online fraud is very rampant in crypto world, by any chance do you have members here in bitcointalk who are already trusted by the community?

yeah, i totally agree with you, my major concern is the number of crypto scammers out there they should prove or provide proves that will give investors the assurance they need

[Corleone100]

I was about to start reading your whitepaper, I noticed it's already translated into about 13 languages, Italian, German, Arabic and French all inclusive, I was impressed for real.

Wow. They really want to get across to a wide range of individuals. Very good strategy to employ at just the early stages of a project.

I missed that part 13 countries already, this shows how serious Natmin intends to get across a wider range of audience, I’m really impressed.

[faulerwilli]

I was about to start reading your whitepaper, I noticed it's already translated into about 13 languages, Italian, German, Arabic and French all inclusive, I was impressed for real.

this is very good, i often have problems understanding the technical side of a project, if i can not read the information in my native language. I will read the white paper in my language tonight

[Getadaaa]

I do not think I’ve seen a project with no softcap before, this is encouraging for investors, but it does beg the question where will the funds come from if they raise a small amount? What’s the point in doing an ICO if you do not have a minimum?

I am wondering the same. I don't think there was another ICO with the same approach; well at least to the extent of my knowledge. For the softcap is usually the min needed to kickstart the project and start making money.

Its nice to see them taking another kind of approach, personally i never liked the softcap and hardcap thing, brands should just state what they need, go for it and stop bickering about soft and hardcaps, their concept is pretty sleek, the virtual world is not safe and with this brand coming into play, we may get to see a boost in transactions, with relief from both parties involved  

It really is refreshing seeing projects coming up with new idea. Never have I seen projects without Soft or Hard cap, seeing this makes me believe in the Natmin Pure Escrow team.

There’s a hardcap. Which is set at 70% of total token supply.
I guess they know what they want and are determined to going for it; No need for soft cap.

This gets me to ask, what would happen if 70% of tokens aren’t all sold?

[faulerwilli]

Has anyone already looked at the demo platform? I have just noticed that there is already one :-) I will take a closer look tomorrow, today it is already too late
https://www.natmin.io/app/dashboard

[AngelJoshua]

Has anyone already looked at the demo platform? I have just noticed that there is already one :-) I will take a closer look tomorrow, today it is already too late
https://www.natmin.io/app/dashboard

Yeah, I watched the Demo Transactions video for it and I learned a lot on how does their platform will going to be look. It's easy to use and I think it will going to be affordable when they officially announce on how much will be the transaction fees.

[Nathan01]

I carry out trade in a popular escrow service in my country *wouldn't share the name for sake of avoiding promoting them here, and I know it have been one of the most effective mode of selling my ETH... But then again they charge some considerable amount for fee

When you talk about fraction of cost as payment can you give a mathematical idea of what that means?

[natmin]

I carry out trade in a popular escrow service in my country *wouldn't share the name for sake of avoiding promoting them here, and I know it have been one of the most effective mode of selling my ETH... But then again they charge some considerable amount for fee

When you talk about fraction of cost as payment can you give a mathematical idea of what that means?

Other escrow services normally charge around 5% and sometimes even more. Our normal transaction fee is always 1%. Dispute transactions carry an additional 3% fee.

[natmin]

I do not think I’ve seen a project with no softcap before, this is encouraging for investors, but it does beg the question where will the funds come from if they raise a small amount? What’s the point in doing an ICO if you do not have a minimum?

I am wondering the same. I don't think there was another ICO with the same approach; well at least to the extent of my knowledge. For the softcap is usually the min needed to kickstart the project and start making money.

Its nice to see them taking another kind of approach, personally i never liked the softcap and hardcap thing, brands should just state what they need, go for it and stop bickering about soft and hardcaps, their concept is pretty sleek, the virtual world is not safe and with this brand coming into play, we may get to see a boost in transactions, with relief from both parties involved  

It really is refreshing seeing projects coming up with new idea. Never have I seen projects without Soft or Hard cap, seeing this makes me believe in the Natmin Pure Escrow team.

There’s a hardcap. Which is set at 70% of total token supply.
I guess they know what they want and are determined to going for it; No need for soft cap.

This gets me to ask, what would happen if 70% of tokens aren’t all sold?

Just to clarify the total supply is 400,000,000 and 240,000,000 was made available for sale (Which is 60% of the total supply). Our hardcap is set to 12,000 ETH. 70% of the unsold will be distributed to the investors as a bonus according to their investment. 15% of the unsold tokens will be instantly burned and the other 15% will be made available to be purchased directly from the platform. The platform tokens will be burned at a rate of 1% per month for 15 months or until the available amount reaches 0, whichever comes first.

[ibininja]

I carry out trade in a popular escrow service in my country *wouldn't share the name for sake of avoiding promoting them here, and I know it have been one of the most effective mode of selling my ETH... But then again they charge some considerable amount for fee

When you talk about fraction of cost as payment can you give a mathematical idea of what that means?

Other escrow services normally charge around 5% and sometimes even more. Our normal transaction fee is always 1%. Dispute transactions carry an additional 3% fee.

There are several and true the rate is terrible; I think they are able to do a 1% instead of more because they used the smart contracts so they don't have to have someone manually approving requests. I am not sure if they will be sharing for KYC though.

[RyCriptoC]

I do not think I’ve seen a project with no softcap before, this is encouraging for investors, but it does beg the question where will the funds come from if they raise a small amount? What’s the point in doing an ICO if you do not have a minimum?

I am wondering the same. I don't think there was another ICO with the same approach; well at least to the extent of my knowledge. For the softcap is usually the min needed to kickstart the project and start making money.

Its nice to see them taking another kind of approach, personally i never liked the softcap and hardcap thing, brands should just state what they need, go for it and stop bickering about soft and hardcaps, their concept is pretty sleek, the virtual world is not safe and with this brand coming into play, we may get to see a boost in transactions, with relief from both parties involved  

It really is refreshing seeing projects coming up with new idea. Never have I seen projects without Soft or Hard cap, seeing this makes me believe in the Natmin Pure Escrow team.

There’s a hardcap. Which is set at 70% of total token supply.
I guess they know what they want and are determined to going for it; No need for soft cap.

This gets me to ask, what would happen if 70% of tokens aren’t all sold?

70% of total tokens is hardcap or softcap? It should be softcap if it's less than 100% . Hardcap is always 100% of the total tokens available for sale.

[chan001]

So this project is based in Australia? This is what I see at first page of this thread.

"We are incorporated in Australia and part of our AML/CTF legislation requires us to collect KYC information for certain services to be compliant with ASIC for all token distribution during our TGE / ICO"

Blockchain technology is gaining popularity in different part of the world. This is first project I am seeing from Australia. At least I am not aware of any such project.

[jamzzz123]

So this project is based in Australia? This is what I see at first page of this thread.

"We are incorporated in Australia and part of our AML/CTF legislation requires us to collect KYC information for certain services to be compliant with ASIC for all token distribution during our TGE / ICO"

Blockchain technology is gaining popularity in different part of the world. This is first project I am seeing from Australia. At least I am not aware of any such project.

It's good to see more projects across the globe, but certainly not Australia's first project,
Check out powerledger, massive project which got the green light from the government too.

Nevertheless, it's nice to see more and more projects pop up from all around the globe

[Ace44]

So this project is based in Australia? This is what I see at first page of this thread.

"We are incorporated in Australia and part of our AML/CTF legislation requires us to collect KYC information for certain services to be compliant with ASIC for all token distribution during our TGE / ICO"

Blockchain technology is gaining popularity in different part of the world. This is first project I am seeing from Australia. At least I am not aware of any such project.

Yea, that's something to note, having a presence matters, never invest in any project that can't authenticate their existence and other upcoming project should come to terms about that, individuals are investing their hard earned money, so they need to give something to investors in order to attract more individuals into their brand, so the above is commendable

[Nathan01]

I carry out trade in a popular escrow service in my country *wouldn't share the name for sake of avoiding promoting them here, and I know it have been one of the most effective mode of selling my ETH... But then again they charge some considerable amount for fee

When you talk about fraction of cost as payment can you give a mathematical idea of what that means?

Other escrow services normally charge around 5% and sometimes even more. Our normal transaction fee is always 1%. Dispute transactions carry an additional 3% fee.

How long does it take to resolve dispute using your escrow service? I mean when I have strong evidence I didn't receive any payment

[natmin]

I carry out trade in a popular escrow service in my country *wouldn't share the name for sake of avoiding promoting them here, and I know it have been one of the most effective mode of selling my ETH... But then again they charge some considerable amount for fee

When you talk about fraction of cost as payment can you give a mathematical idea of what that means?

Other escrow services normally charge around 5% and sometimes even more. Our normal transaction fee is always 1%. Dispute transactions carry an additional 3% fee.

How long does it take to resolve dispute using your escrow service? I mean when I have strong evidence I didn't receive any payment

The party who initiates the dispute transaction will be able to set the time frame. The minimum is 24 hours, as this will give the other party sufficient time to provide their evidence.