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

[Frank37]

Any update on its development as per their roadmap as I'm really excited what has been done so far on this project. Hope the devs could give us if possible weekly status updates.

Till now they are on their roadmap. For details you have to be more concrete in your question.

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[magisterr]

As I see your exchange will have sharing revenues, and 20% of exhange sharing will be distributed among every token holders. This will be on monthly basics?

[king_of_alts]

As I see your exchange will have sharing revenues, and 20% of exhange sharing will be distributed among every token holders. This will be on monthly basics?

It would make sense to do it monthly imo. 20% revenue sharing is definitely a nice incentive to hold the tokens.

[chichidori]

i think the team is active enough. adding a live bar, they are actively answering questions from the community, they are doing a good job in my opinion...

If you go to there telegram channel an admin is always online to answer your questions, i think that 20% percent will grow as time goes by.

[Makkara]

As long as the exchange does well doesn't matter if it's 20% every day week month or year. Anyway is not a bad amount for a dividend 

[Jarvis Edge]

Hello

For the 20% it might be more yes, but be aware that participating to the ICO will give a bigger % in the revenue shares; we will make an article soon about it

[mandibleclaw]

i think the team is active enough. adding a live bar, they are actively answering questions from the community, they are doing a good job in my opinion...

They must be active after the ICO, even more then while their ICO it's running. Almost everybody are very active during the token sale but they just disappear after it

[Jarvis Edge]

What is the position of the Team in relation to current, low values? if these values do not grow significantly in the next steps, will the project undergo changes in its roadmap? I ask for the fact that I already have a solid and constantly developing product

Well, if do not raise enough fund we wil be forced to adjust the roadmap; as example if we do not have enough to launch the exchange (because after you need a full team behind) we will need to focus first on the interfaces and the wallet.

Let see, we have still 2 months to raise the amount we need for the exchange.

[PS92]

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

[Token Williams]

How much was raised on pre-sale? As I see pre-sale neds in 10 days, but why no counter of raised fund? And what news about demo-app exchange?

Hello, you can now see it on the webpage we have added a live bar so you can see how much has been raised.

>> https://www.jarvis.exchange/

So at the moment, $68k has been raised during the presale. It is still way below our expectations (we expected around 250k).

however, it seems to me a good result, is a considerable sum despite the expectations of the team were much higher, i am very pleased they add the live bar so i can follow in real time the progress of the investments...

The fact that they add the live bar is good. This adds transparency.
But I do not agree with you that collected money is a good result. Although, given the current situation ... In any case, it should be much more.

it is very clear that the more money collected, the better it will be and the more that will be done for the JARVIS project, and the more perfect the product will be run

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

No, you have to keep what the company is willing to risk and able to lose !

They shouldn't have any money they are able to lose in the first place. That money would be better off in the wallets of investors to reap those speculative gains for themselves. Why would the project need a bigger budget than what they have asked for in the ico? Was their ICO poorly budgeted in the first place?

[nobytes]

How much was raised on pre-sale? As I see pre-sale neds in 10 days, but why no counter of raised fund? And what news about demo-app exchange?

Hello, you can now see it on the webpage we have added a live bar so you can see how much has been raised.

>> https://www.jarvis.exchange/

So at the moment, $68k has been raised during the presale. It is still way below our expectations (we expected around 250k).

however, it seems to me a good result, is a considerable sum despite the expectations of the team were much higher, i am very pleased they add the live bar so i can follow in real time the progress of the investments...

The fact that they add the live bar is good. This adds transparency.
But I do not agree with you that collected money is a good result. Although, given the current situation ... In any case, it should be much more.

it is very clear that the more money collected, the better it will be and the more that will be done for the JARVIS project, and the more perfect the product will be run

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

Agreed, even though i am long time bullish, i think it has been irresponsible to keep the money in crypto like many icos have done. I understand that on some cases it can take time for the team to access the crypto if kyc has issues etc. But when ever it's possible to transfer to fiat, it should at least be announced during ico if the plan is to keep some in crypto. Otherwise they might as well just gamble it via trading.

[Dimosscolorist]

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

And here I agree. The team collects the necessary funds to develop the project, but not to take part in the crypto-races and repeatedly increase, or reduce the fund.

[bitcoin-shark]

even if they have collected less than their expectations, i believe that the funds are sufficient to complete the project, nobody can say in advance whether or not it will be successful, is very valid but we must see the market reaction at the launch...

[spawn4ever]

so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

[Jarvis Edge]

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

We shouldn't take the risk to over speculate

As example at the moment we raised 68k usd during the presale; But 21k were ETH and BTC that varies a lot; if we do not count them, we have only secured $47k, so €41k; which is not enough.

So to sell a bit of ETH abd BTC might help sometimes.

[Jarvis Edge]

so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

[Makkara]

so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

Are we going to get any more details or fixed date about the release or beta? What is the development status of the exchange at the moment?

[beeelzebub]

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

We shouldn't take the risk to over speculate

As example at the moment we raised 68k usd during the presale; But 21k were ETH and BTC that varies a lot; if we do not count them, we have only secured $47k, so €41k; which is not enough.

So to sell a bit of ETH abd BTC might help sometimes.

I think your biggest chance is you got fiat for private investments. If they were eth or btc, that would be huge downfall. Lots of ico gets cancelled after they reached their soft cap because funds were btc/eth.

[poodle63]

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

We shouldn't take the risk to over speculate

As example at the moment we raised 68k usd during the presale; But 21k were ETH and BTC that varies a lot; if we do not count them, we have only secured $47k, so €41k; which is not enough.

So to sell a bit of ETH abd BTC might help sometimes.

I think your biggest chance is you got fiat for private investments. If they were eth or btc, that would be huge downfall. Lots of ico gets cancelled after they reached their soft cap because funds were btc/eth.

And then the stable crypto is the only answer but remember the stable crypto needs a lot of requirements just like verification. What's the problem if the funds are in bitcoin or ethereum form?
The team must know about the risk .

[pynetx]

so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

Are we going to get any more details or fixed date about the release or beta? What is the development status of the exchange at the moment?

If I am not mistaken then the release date is in March. Right?