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Author Topic: Spreading the joy of winning, one jackpot prize at a time! What is MITOSHI  (Read 5019 times)
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June 30, 2019, 05:36:28 PM
 #241

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .
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June 30, 2019, 06:40:33 PM
 #242

IEO Projects do have a good start and a better option at been successful than ICO projects. It’s not just the project team, but the Exchange team gets involved. Users on Exmarkets could participate in mitoshi project too.

I guess people just like following the trend. IEOs are what is in vogue now and it is making waves with its momentum. Also, their customer database is an added advantage to an ICO where you need to build a customer database.

Yup , agree on you, most of the projects are doing IEOs because its very popular right now unlike ICO because of fraud and scammer people. Hope this project continue more.

ICOs went wrong, but we’ve got IEO to fix that. IEO projects has got the support and partnership of exchanges. I think it’s pretty easy trying to raise funds on exchanges. There are traders and investors willing to support listed projects.

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June 30, 2019, 06:43:53 PM
 #243

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

Thank you. That would cut off the bulk of the work and make it easier for MTSH token buyers. It’s my first time using Exmarkets launchpad,  What are the steps?

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June 30, 2019, 06:48:42 PM
 #244

If the service is fully decentralized how would you even KYC network participants?

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June 30, 2019, 07:04:44 PM
 #245

If the service is fully decentralized how would you even KYC network participants?


Regulations, that’s why new project have to keep KYC informations. I think projects would need KYC/AML from investors just until cryptocurrencies are wildly acceptable and proper regulated.

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June 30, 2019, 09:58:08 PM
 #246

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool
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June 30, 2019, 10:44:43 PM
 #247

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.
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July 01, 2019, 03:43:00 AM
 #248

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.

Yes that's the good thing on having on kyc, The people will going to feel more secured while using the system because they know that the people they are playing with are legitimate. It's just really going to take a lot of time  before they processed it all.

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July 01, 2019, 06:30:45 AM
 #249

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.

Yes that's the good thing on having on kyc, The people will going to feel more secured while using the system because they know that the people they are playing with are legitimate. It's just really going to take a lot of time  before they processed it all.

Oh KYC is needed? can i ask something , how can we know that all of our information will be secured? will they gonna used program or any third party services ?
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July 01, 2019, 06:42:40 AM
 #250

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.

Yes that's the good thing on having on kyc, The people will going to feel more secured while using the system because they know that the people they are playing with are legitimate. It's just really going to take a lot of time  before they processed it all.

I really do buy the idea of KYC because of the legitimacy and security factor but I think it will be good if we can get some level of guarantee that our information will not be abused. Because many projects come up just to steal people's personal information and all.
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July 01, 2019, 07:16:48 AM
 #251

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .

This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.
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July 01, 2019, 07:24:27 AM
 #252

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

It would be an aberration to use several currencies for the lottery. The major use case for the mitoshi tokens is for the lottery. Every participant only needs to convert their btc and eth to mitoshi tokens to be able to participate in the lottery draws. Taking a closer look at exchange platform with tokens, you would find out that payment of trading fees with the exchange tokens are encouraged because that's the major use case for the tokens.
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July 01, 2019, 07:46:46 AM
 #253

What’s the limit on investment in Exmarkets launchpad? Do I need to pass a KYC/AML for your tokens? Is MTSH Tokens a utility token or securities?
bounty participants doesn’t need kyc as fas as limit in Exmarkets launchpad is concern am not sure .but kyc is not needed and mitoshi token is not a security token it is a UTILITY token.

I think he/she is not referring to bounty tokens but asking if KYC is needed for buying tokens. KYC is mandatory for all buying.

It's a known fact that KYC is not required for the purchase of utility tokens and as it stands, Mitoshi is a utility token and team has given a clarification that KYC is not necessary, both for the purchase of tokens as well as the participation in the lottery games.
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July 01, 2019, 08:51:49 AM
 #254

I read somewhere that users on your platform don’t need KYC/AML to play. That would be awesome. It’s solves restrictions issues. Users can participate with no restrictions.


No KYC for playing but then to play we need Mitoshi utility tokens and for buying same we need to do KYC. So in short we need to go through KYC or I am missing something here?
Well people are still confused about this but i have confirmed  from one of the telegram admin  he said that kyc is not needed for playing and as well as for buying token .


One good advantage to this is the ease of transaction because KYC  onstitute a whole lot of delay most especially when it extend into days before  confirmation of application. Now transactions can be done with the speed of light and thats cool

I think most projects request for kyc as a result of regulations and stuffs. Its a hectic process yes. But it also helps in providing a form of security.
well kyc  seems to be a norms and good way to protect themselves from coming legal issues though People loves to keep these personal details private kyc process usually make people rethink but as the kyc is not mandatory I think its going to be very easy for token buyers as well as for the team members .people and the team doesnt have to suffer with the long process of kyc.
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July 01, 2019, 08:52:49 AM
 #255

People from around the world will be participating in this Mitoshi online lottery. I am expecting that the price money will create record at Mitoshi platform.

Is it always the same prize or users all have to decide what to bet and what to get in rewards. I think that would be a better option. Not everyone would have so much to play around with.

When it comes lottery, I have seen different different style of rewards and calculations. For example there was one lottery where people need to buy ticket for fixed amount and suppose 10k user participated. Then this whole money (of 10k users) was going to the winner.

Will this be the same case here?

This concept of lottery is quite strange. If the whole amount of the 10k users goes to one user, does that mean that no expense was incurred in the lottery?, the organisers of the lottery also need to make profit, because that's the purpose of running a business. There are also taxes to be pai. In a nutshell, I don't see such a lottery feasible, unless the organisers are trying to out smart the participants.
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July 01, 2019, 09:13:05 AM
 #256

It’s a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. You’re in your 2nd round of tokens sales, what do we expect after this round?

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July 01, 2019, 09:18:59 AM
 #257


This is exactly what the project needs. Kyc tend to bring restrictions on the users and investors. As we know most USA residents are not allowed to participate in tokensale, but since there's no restrictions on kyc, everyone can purchase tokens irrespective of nationality.

Crypto curare about privacy. Privacy tokens would do so well, at being used and the product(platform) it self. I think that’s my favorite part of Mitoshi project. It’s awesome. Anyone could play.

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July 01, 2019, 10:45:40 AM
 #258

At the site I can see they mentioned that Mitoshi tokens are utility tokens and the sale of its tokens are for the future participation of Mitoshi's lottery draws in a smart contract platform. Does this mean only these tokens will be used for lottery and no other currencies allowed?

It would be an aberration to use several currencies for the lottery. The major use case for the mitoshi tokens is for the lottery. Every participant only needs to convert their btc and eth to mitoshi tokens to be able to participate in the lottery draws. Taking a closer look at exchange platform with tokens, you would find out that payment of trading fees with the exchange tokens are encouraged because that's the major use case for the tokens.

That makes it a lot easier for mitoshi users. Exmarkets (or a new exchange) providers liquidity for your wins whenever you want to sell your lottery rewards or when you need to buy more tokens to play.

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July 01, 2019, 11:09:11 AM
 #259

It’s a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. You’re in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

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July 01, 2019, 01:21:56 PM
 #260

It’s a new week and Bitcoin is doing not so good but altcoins seem to be having a good time. You’re in your 2nd round of tokens sales, what do we expect after this round?

Altcoin rally haven't started fully trust me. It's going to be really huge when it gets started
I think a member of the community should be here to answer questions from the users

The market has not been so good  for bitcoin and even the rise in alts if any is not that significant. I think the situation is across board meanwhile I'm still hopeful that there will be good time before this quarter fades away
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