🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵

[Sozialtourist]

From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

I am eagerly waiting for news about this topic. It isn't even clear which consensus algorithm their blockchain will use, or did I miss this information?

[Nathan01]

Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please 

I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices.

well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project

Terrible times I  mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction.

Now is the time to be greedy like Warren Buffet will say
If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon

It seems so. Now that we have almost reach the bottom, next year will be a good year in blockchain. Our only hope is this shouldn't be the last of crypto.

No No the bottom haven't bee reached just yet
More dip to go.. Go on tether and accumulate more Satoshi by buying more as it dips

[Cnote112]

From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

That’ll be great from real, having own blockchain will give a certain edge I think and given the dilemma Ethereum has been facing for sometime now, they might be probably better on their own.

[em777]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

[ibininja]

From their token metrics, I understand that they will have their own blockchain with block rewards. Does anyone know when they will release that mainnet? And will they make a swap from ERC20 to the native token of their blockchain?

I believe they stated something about updates coming up soon, probably in a couple of weeks or months we will get to know when they will have their mainnaet released to the public, due to the fact that the project is a huge one, i think they will want to swap from ethereum network to their own blockchain, i maybe wrong though but only time will tell

I am eagerly waiting for news about this topic. It isn't even clear which consensus algorithm their blockchain will use, or did I miss this information?

but wait the testnet did not go public yet; are you sure the mainnet would be published to mainnet? I think it would be really helpful if they push the testnet to the public to try out before going public with the mainnet.

[Nathan01]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

[gee777]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.

[CrypticBabe]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.

So many uncertainty in the market with lots of Fuds and weak hands. And i believe at end all weak hands will be left for and good.
With so many projects like Cova and others showing their amazing development it should happen pretty soon! 

[AngelJoshua]

Another dip!! I’m not praying for that don’t think my portfolio can survive another dip, positive vibes only please 

I've been waiting for it. I don't know why, but I have the feeling that this is the last dip this year. Meanwhile I'm also worried whether all my supported projects will survive these low prices.

well, they will pause obviously at least that is the wisest thing to do right now except the project is not totally based on crypto, which i believe is not true for most project

Terrible times I  mean I never though I would see ETH below 100 anytime soon but I guess I was wrong and so were many others. The worst part is that many have absolutely no clue what is causing the dip. This is why project should focus on traction.

Now is the time to be greedy like Warren Buffet will say
If you've the means accumulate more and more now, it will be worth it in the future just that rewards won't happen soon

It seems so. Now that we have almost reach the bottom, next year will be a good year in blockchain. Our only hope is this shouldn't be the last of crypto.

No No the bottom haven't bee reached just yet
More dip to go.. Go on tether and accumulate more Satoshi by buying more as it dips

Agree buddy, I also think that it will really going to go dip more. For now we must have get this good chance to have more tokens like Cova so we will be ready on the next run.

[ibininja]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.

So many uncertainty in the market with lots of Fuds and weak hands. And i believe at end all weak hands will be left for and good.
With so many projects like Cova and others showing their amazing development it should happen pretty soon! 

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

[Ace44]

They are not selling tokens through Huobi! The tokens you'll be able to buy there are from private-sale or airdrop participants or from people who got them for voting. The team is NOT selling their devs token on Huobi.

Now, this is confusing, definitely, the team must have had a certain percentage of token up for sale, let us say they managed to sell all of it during the private sale, what is the guarantee that those who bought during private sale will be willing to sell off so soon?

You can find the number of tokens they sold in the private sale here (https://medium.com/@covatoken/cova-token-metrics-992a4de20755).

And about your concerns that people might not be willing to sell their tokens 'so soon' .... then the price they got offered for their tokens is probably to low. You can transfer this 'problem' you are worried about to any other token sale. But the fact is that most people are in for a quick profit, so they bought the tokens to sell them for profit, not to hold them forever.

First, thanks for the link. Also, definitely some people are not in to hold forever but for a project with a use case such as COVA's, I would not expect people to sell off as soon as it hits the exchange. Considering what can be done with the token. We have to be realistic here.

Yeah exactly, this project is definitely a long HODL because as you can see from the COVA roadmap it could take a while for them to finish development. Saying that it does look like they will be releasing their public testnet beta at some point in January, hopefully, the team will get some good results and could push the token up in value.

I think we don't even need to think about the fact that the first successes will be achieved sooner than in 5 years. The development may be finished earlier, but it will take a long time until the first Internet platforms decide to switch to a new protocol.

Yes, it will take quite a long time for things to start taking shape, just as i stated earlier, its a herculean task and will require much more to achieve their target, not to mention getting people to use their services and i believe investors understand this, so anyone going into the project should understand that's not child's play but once things settle, the outcome will be rewarding

[Sozialtourist]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

[Ace44]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

I think that's clear enough for project teams to understand the basics of economics when it comes to spending in this critical period, they should focus more on creating value around the brand by implementing essential parts of the brand, its really needed, as that will give the community the feeling that the brand is alive and well, which is what cova is doing

[Sozialtourist]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

I think that's clear enough for project teams to understand the basics of economics when it comes to spending in this critical period, they should focus more on creating value around the brand by implementing essential parts of the brand, its really needed, as that will give the community the feeling that the brand is alive and well, which is what cova is doing

Yeah, it should be clear for projects during this time that they have to spend their funds wisely but apparently, there are already projects failing to do so. For example, SirinLabs (the ICO that had Leo Messi as their marketing ambassador) which raised more than 158 million USD and now only got enough funds left for 6-12 more months of operations.

[faulerwilli]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

I think that's clear enough for project teams to understand the basics of economics when it comes to spending in this critical period, they should focus more on creating value around the brand by implementing essential parts of the brand, its really needed, as that will give the community the feeling that the brand is alive and well, which is what cova is doing

Yeah, it should be clear for projects during this time that they have to spend their funds wisely but apparently, there are already projects failing to do so. For example, SirinLabs (the ICO that had Leo Messi as their marketing ambassador) which raised more than 158 million USD and now only got enough funds left for 6-12 more months of operations.

but these big icos are also part of the problem. Too many ETH and BTC were sold from the tokensales. Of course this pushes down the price. Let's see which way Cova goes. because you need Fiat again and again to keep up the business.

[em777]

for now, nobody can say for sure whether the market is as a result of news around the world or the work of whales but what i know for sure is that the market will eventually recover

I agree with you. Market should eventually recover and again crypto will shine soon. Institutional investors are waiting.

i believe institutional investors are waiting for market recovery as well as the outcome of SEC's new involvement. i believe 2019 holds a lot for cryptocurrency

I think Institutional investors are already getting in, I don't know of BTT policy on sharing links I would have shared. Crypto won't come to what will know until mid-year 2019

I would say just a few are getting in right now. Most are holding off and waiting for the market to recover before they can put in their money to fund projects they find interesting.

well, nobody would want to invest in any crypto project right now because the market is in total mess except the team is doing something exceptional like COVA

[phantam]

I don’t know even in current conditions investing from fiat is still the same as always and theirs more chance of an upside because the fact things are so cheap and low

[Cnote112]

I don’t know even in current conditions investing from fiat is still the same as always and theirs more chance of an upside because the fact things are so cheap and low

True that, the current price of some of the most popular coins are very low compared to where they were few months ago, one can simply take advantage of that.

[AngelJoshua]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

Agree, This is really now a survival of the fittest plus it's on bear market now. Those project that have a low and not good idea will going to be leave behind by those project who have a great way of showing their ideas.

[CrypticBabe]

I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.

Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.

Agree, This is really now a survival of the fittest plus it's on bear market now. Those project that have a low and not good idea will going to be leave behind by those project who have a great way of showing their ideas.

Yeah! Its certainly happens in every marketplaces nowadays.  Only those projects gets investment who has the best Marketing team rather then the development!
I'm happy to see cova getting enough attention toward the best ever Development !