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

[Jarvis Edge]

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...

Well it is we receive mainly fiat actually

At the moment we have raised a bit more than 60k usd since a month.

[patz22]

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...

Well it is we receive mainly fiat actually

At the moment we have raised a bit more than 60k usd since a month.

Is that the current raised funds? I believe that TGE will end by march 2019 right? What are the plans after that? Are you planning to list the token in big exchanges? Hoping that it will and please make a difference from other projects with same concept.

[CHRISBIN702]

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)

I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.

[martinholly167]

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)

I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.

Yes if they bring the entire team (dozens of people) or live a luxurious life while traveling. The problem is maybe they don't calculate the budget and use it effectively, they just use it because they have the money.

[CryptoInformant]

Interesting. Watching

[magisterr]

They going to trade by security tokens on this exchange? Seems next year will be hype of security tokens 

[beeelzebub]

They going to trade by security tokens on this exchange? Seems next year will be hype of security tokens 

I don't think they will left security tokens out. They are trying to make a hybrid Exchange with forex and all, i don't think they won't list security tokens.

[matjas]

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)

I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.

Yes if they bring the entire team (dozens of people) or live a luxurious life while traveling. The problem is maybe they don't calculate the budget and use it effectively, they just use it because they have the money.

Sure they used a lot on luxury but when the crypto price decreased and money stopped flowing in in such a high quantities as in 2017, they probably were left with dozens  of employees and even more external contractors to pay. Most of them were not prepared on this scenario and we see the results now.

[Frank37]

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)

I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.

Yes if they bring the entire team (dozens of people) or live a luxurious life while traveling. The problem is maybe they don't calculate the budget and use it effectively, they just use it because they have the money.

Sure they used a lot on luxury but when the crypto price decreased and money stopped flowing in in such a high quantities as in 2017, they probably were left with dozens  of employees and even more external contractors to pay. Most of them were not prepared on this scenario and we see the results now.

Who is not prepared for this scenario (bearmarket) is more stupid than my grandma and dont deserve to decide on such large sums of money and the fate of employees.

[the_donald]

They going to trade by security tokens on this exchange? Seems next year will be hype of security tokens 

I don't think they will left security tokens out. They are trying to make a hybrid Exchange with forex and all, i don't think they won't list security tokens.

listing security tokens is worse than utility ones no? wouldn't it make sense for these to be utility tokens?

[Jarvis Edge]

They going to trade by security tokens on this exchange? Seems next year will be hype of security tokens 

I don't think they will left security tokens out. They are trying to make a hybrid Exchange with forex and all, i don't think they won't list security tokens.

Hello It is not the priority of 2019, but of course we will work on it.

[Jarvis Edge]

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...

Well it is we receive mainly fiat actually

At the moment we have raised a bit more than 60k usd since a month.

Is that the current raised funds? I believe that TGE will end by march 2019 right? What are the plans after that? Are you planning to list the token in big exchanges? Hoping that it will and please make a difference from other projects with same concept.

Hello patz22, it is the current funds raised during the presale that started the 26th of November yes. Before that, 1.2M has been raised in private sale.

[Jarvis Edge]

Few days ago, we have asked our community in CrowdHolding to imagine the craziest use case possible!

View the task in crowdholding website >> https://goo.gl/3PCJoD



We have made an article about the 5th craziest use cases!

View the artciel >> https://medium.com/@jarvisedge/the-5-craziest-use-cases-you-could-think-of-with-jarvis-9f173f667bc1

Imagine the future... 2050. There is no milk in your fridge... Your AI has to order it... it automatically sets some of your tokenized Amazon stocks into escrow, and trigger a collateral credit from someone in Japan; with this loan, it buys milk, delivered in few hours.

Today we are going to cashless society, but this is the next level! Interoperability redefine the concept of money, and create borderless use cases!

Imagine a world where you have no banking account but only your assets on a blockchain, and you can trade Forex, Stocks, smartcontract powered derivatives, play poker, buy goods...

This is all about Jarvis! Interoperability! Borderless! It creates new user experience and new use cases!

The illustration shows that with Jarvis, in one click, you can buy flight ticket using crypto you have mined

[patz22]

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Great to hear! Despite of bear market for the past months still you were able manage and got a lot. Nextyear (i hope) would be the year for another bull run and with this kind of project with great plans for sure it will skyrocket. More power to your team!

[Makkara]

With these premises i'm looking forward to see what Jarvis can actually deliver early next year, which is quite close.

[dubignyp]

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)

I've witnessed this too. I have met guys at these events that have spent 5-10 million just traveling and attending these things.

Yes if they bring the entire team (dozens of people) or live a luxurious life while traveling. The problem is maybe they don't calculate the budget and use it effectively, they just use it because they have the money.

Or it could be that those figures are just made up by the team to create a hype about the project or either its a result of  poor financial planning?

What is certain is that in this forum, there are a lot of pseudos who judge companies. Too many projects that exist and do their work and that are full of pseudo here bring FUD. Brings criticism into the void just to hurt companies' reputations.
I find that this forum is very badly managed by the administrators.
It's a shame because it scares people away!
And, here is not a reference for exposing an ICO. In my opinion.

When a company is late on its roadmap, it receives a lot of FUD here. As long as they don't always give follow-up information here, because the rest is followed by telegram, there are certainly nicknames that will say anything and hurt the forum.
This has happened many times on other projects that exist and that many come to put their bad language. I'm sure Jarvis will not escape this problem on this forum.
When a token is removed from an exchange because it lacks volume, it is immediately treated badly here.

[PS92]

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.

Market wont switch all of a sudden, that takes months/years. Or do you mean they might do a second ICO?

[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)

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!

Doesnt seem like there is too much pressure. Especially since token holders aren't shareholders. All they can do is bitch on Reddit, Telegram etc

[mandibleclaw]

Few days ago, we have asked our community in CrowdHolding to imagine the craziest use case possible!

View the task in crowdholding website >> https://goo.gl/3PCJoD



We have made an article about the 5th craziest use cases!

View the artciel >> https://medium.com/@jarvisedge/the-5-craziest-use-cases-you-could-think-of-with-jarvis-9f173f667bc1

Imagine the future... 2050. There is no milk in your fridge... Your AI has to order it... it automatically sets some of your tokenized Amazon stocks into escrow, and trigger a collateral credit from someone in Japan; with this loan, it buys milk, delivered in few hours.

Today we are going to cashless society, but this is the next level! Interoperability redefine the concept of money, and create borderless use cases!

Imagine a world where you have no banking account but only your assets on a blockchain, and you can trade Forex, Stocks, smartcontract powered derivatives, play poker, buy goods...

This is all about Jarvis! Interoperability! Borderless! It creates new user experience and new use cases!

The illustration shows that with Jarvis, in one click, you can buy flight ticket using crypto you have mined

Woa it's a crazy use case for sure , I don't think that we will need something like that, if I have amazon stokcs means that I have some spare change somewhere and my AI will buy milk without selling anything

[dubignyp]

Few days ago, we have asked our community in CrowdHolding to imagine the craziest use case possible!

View the task in crowdholding website >> /3PCJoD]https://[Suspicious link removed]/3PCJoD



We have made an article about the 5th craziest use cases!

View the artciel >> https://medium.com/@jarvisedge/the-5-craziest-use-cases-you-could-think-of-with-jarvis-9f173f667bc1

Imagine the future... 2050. There is no milk in your fridge... Your AI has to order it... it automatically sets some of your tokenized Amazon stocks into escrow, and trigger a collateral credit from someone in Japan; with this loan, it buys milk, delivered in few hours.

Today we are going to cashless society, but this is the next level! Interoperability redefine the concept of money, and create borderless use cases!

Imagine a world where you have no banking account but only your assets on a blockchain, and you can trade Forex, Stocks, smartcontract powered derivatives, play poker, buy goods...

This is all about Jarvis! Interoperability! Borderless! It creates new user experience and new use cases!

The illustration shows that with Jarvis, in one click, you can buy flight ticket using crypto you have mined

Woa it's a crazy use case for sure , I don't think that we will need something like that, if I have amazon stokcs means that I have some spare change somewhere and my AI will buy milk without selling anything

Your comment you speak for yourself, for your case.
Only for you that you wouldn't need it.