[ICO ENDED] Jarvis Network - bridge legacy and digital finance

[martinholly167]

Why you dont have any conferences, events for attract people to ICO? Are you going to have some after token sale for attract people to your exchange?

We have done one and will probably do more in the future

Oh ... only one? This one?

I invite you to our conference next thursday It will be on youtube (check our FB).

So the other ones you mentioned were only from you and not your whole team?

True, you are so right. I have held many conference this year and last year in Sofia; all what I saw were beginner with no trading experience, and no clue about risk management.

I don't know what they really mean with those answers but I just checked their Instagram https://www.instagram.com/jarvis_io/ and I see that they've been in some conferences like SoftUnitConf 2018, Blockchain Paris, and Hard Fork Decentralized.

[wissy]

That's really what happened last year, people threw money blindly at ICOs because at the start of the boom, on tokens listing you wer almost guaranteed with a 5X to 10X return. For quite some time it's not the case anymore

Those times are well over since when people started to understand the trick scam ico stated to appear widely

Unfortunately we are here partly because so much money went to useless projects which were just lowering crypto price in the long run but that was to be expected since we are all greedy by nature. 

[Token Williams]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

[PS92]

Jarvis is definitely a standout among the usually greedy and delusional ICOs, setting a realistic fundraising target and focusing on the development of the exchange.

that way they have something to show after the ICO. and people's confidence grows.

Let's hope they won't have to delay like lots of other projects

I hope not because all development milestones are adequately scheduled to meet its deadline in the roadmap and I trust the team's capability to deliver this on time.

"all development milestones are adequately scheduled to meet its deadline in the roadmap"

That doesn't mean shit of course. every project has a roadmap and deadlines, unfortunately almost none can keep those.

[coin_1122]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

During private sale they managed to reach more than 1 million and where comes the 100m+ fund, now the market situation is not up to the market. Maybe once the market starts recovering we might easily expect that Jarvis platform will raise more money.

[D1jay]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

Free money that where gotten in place of some promise and hope in future with some whitepaper is very easy to spend, imagine an ico raising up to 100m for just a whitepaper and some fake promise obviously with such amount of money in their pocket, there will be too many pressure and temptation, making the wrong decisions will be very easy, and mostly the feeling of being so freaking rich . Damn!

[Dimosscolorist]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

Free money that where gotten in place of some promise and hope in future with some whitepaper is very easy to spend, imagine an ico raising up to 100m for just a whitepaper and some fake promise obviously with such amount of money in their pocket, there will be too many pressure and temptation, making the wrong decisions will be very easy, and mostly the feeling of being so freaking rich . Damn!

I agree with you. Perhaps today we would see the work of some projects, if they had not collected too much. These were crazy financing. As the man said above, now it is becoming more healthy.

[king_of_alts]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

What projects would that be? I'm curious if these turned out to be scams or if they really blew 100 millions. 

[viljy]

Software no, but if you add the support, the legal aspect, the server cost, the licensing cost, the innovation cost etc. finally you end up to need few millions

Not to mention the liquidity! The more an exchange have its own liquidity, the more it makes money.

But you will develop in stages.
And if the project really becomes successful, the money for further development will be.

[mandibleclaw]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

If you got $100M when ETH was at 1,000 and you sold it when it was $100 it's pretty simple to know how they ended up in bankrupt, make the count as an ICO raised $1M and you get why (besides broken business plans of course)

[dubignyp]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

If you got $100M when ETH was at 1,000 and you sold it when it was $100 it's pretty simple to know how they ended up in bankrupt, make the count as an ICO raised $1M and you get why (besides broken business plans of course)

No, the ICOs if they are intelligent they transfer investors' harvests from crypto to fiat.
And, leave only to speculation what they are capable of losing

[omwibya]

No, the ICOs if they are intelligent they transfer investors' harvests from crypto to fiat.
And, leave only to speculation what they are capable of losing

a lot of projects don't do that. look at ETC, they closed down because of the market.

[dubignyp]

No, the ICOs if they are intelligent they transfer investors' harvests from crypto to fiat.
And, leave only to speculation what they are capable of losing

a lot of projects don't do that. look at ETC, they closed down because of the market.

So they were irresponsible scammers, who played the investors' funds, when this was not indicated in their ICO. It is very important to know the people who work, their mentality.

[pynetx]

No, the ICOs if they are intelligent they transfer investors' harvests from crypto to fiat.
And, leave only to speculation what they are capable of losing

a lot of projects don't do that. look at ETC, they closed down because of the market.

What do you mean by ETC closed down?

[martinholly167]

By the way, this is the article we spoke about last time : https://medium.com/jarvis-edge/how-multimillion-ico-projects-made-us-lose-our-sense-of-reality-a91aef3efae9

To be honest i don't blame people for asking 100 millions if they just get more by asking it. But the investors were also greedy to think that it would be easy to rise value after so huge market caps.

Yes, its way more harder to raise 1 billion from 100 millions than raise 10 millions from 1 million because the market is limited.

Strangest is how some of these ICO's that managed 100m+ are already going bankrupt by now. How do you spend 100m in a year (not counting the price decrease)

What are these ICO's that you mean?

[Jarvis Edge]

Software no, but if you add the support, the legal aspect, the server cost, the licensing cost, the innovation cost etc. finally you end up to need few millions

Not to mention the liquidity! The more an exchange have its own liquidity, the more it makes money.

But you will develop in stages.
And if the project really becomes successful, the money for further development will be.

Yes we will take our time.

First a crypto exchange that works, then CFD and Forex, then semi-decentralization with a Dapps wallet, etc.

Roadmaps can change sometimes according to some aleas that can happen of course.

[Jarvis Edge]

Why you dont have any conferences, events for attract people to ICO? Are you going to have some after token sale for attract people to your exchange?

We have done one and will probably do more in the future

Oh ... only one? This one?

I invite you to our conference next thursday It will be on youtube (check our FB).

So the other ones you mentioned were only from you and not your whole team?

True, you are so right. I have held many conference this year and last year in Sofia; all what I saw were beginner with no trading experience, and no clue about risk management.

Yes most seminar are done by Andrew or myself. We intend to be more present next year because at every event we are meeting new partners

[bitcoin-shark]

the costs for the realization of a project as jarvis are still many even if done in stages, the cost of development, advertising, the liquidity of the exchange i think are at least a few million, maybe they(team) should really open up to fiat investments for investors...

[belechau]

the costs for the realization of a project as jarvis are still many even if done in stages, the cost of development, advertising, the liquidity of the exchange i think are at least a few million, maybe they(team) should really open up to fiat investments for investors...

realy, same with a product ready, yet have many coasts I'm the journey

[Rigorous]

What do you mean by ETC closed down?

Some developers quit working on ETC because they were running out of funds.

https://www.newsbtc.com/2018/12/04/crypto-bear-market-strikes-ethereum-classic-etc-development-group-folds/