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[zitoken]

  
 
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[1714629414]

1714629414

[Mysbanickma]

it looks like the Zitoken project is quite interesting, but unfortunately the exchanger is only in the forkdelta and tokendex, seeing that the exchanger is vulnerable to hacking, does Zitoken have plans to enter the top exchanger?

[zitoken]

Yes. Gradually we will add on top exchangers, as we are in the first stage of development, team is striving to list on more Exchangers.

[LoveCryptoAll]

So far, very little information to judge the project. But, I can say that the protocol should use a newer ERC 223 or ERC 721. There is no information about the team either.

[clixcoin]

While this is utility token but there is no MVP to see how this will work and what the reason to buy this token from low volume exchange. It's hard to understand what kind of use case you will bring in future at the moment there is nothing clear.

[feryjhie]

i am interested with the tokens because there is no ICO and we can get the tokens for free(?).
But can you explain how to get the tokens?
and why there is a sell order in the market while there is no info about how to get the tokens?

[zitoken]

While this is utility token but there is no MVP to see how this will work and what the reason to buy this token from low volume exchange. It's hard to understand what kind of use case you will bring in future at the moment there is nothing clear.

For a better understanding, we suggest you check it out our Whitepaper and Roadmap

[zitoken]

i am interested with the tokens because there is no ICO and we can get the tokens for free(?).
But can you explain how to get the tokens?
and why there is a sell order in the market while there is no info about how to get the tokens?

You are correct, there is no ICO, team is funding the development with their own capital. Regarding how to get the token, you will be able to get of 2 ways, the first one is buying directly on exchanges and second way will be via reward programs after our Beta Launch.

[Miiike]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period.  

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

[feryjhie]

i am interested with the tokens because there is no ICO and we can get the tokens for free(?).
But can you explain how to get the tokens?
and why there is a sell order in the market while there is no info about how to get the tokens?

You are correct, there is no ICO, team is funding the development with their own capital. Regarding how to get the token, you will be able to get of 2 ways, the first one is buying directly on exchanges and second way will be via reward programs after our Beta Launch.

so currently the token that is sold in the exchange is from team to get the funding for future development?
How you will decide the price of the token that team sold currently?
since the order sell price was 0.00011 eth ++

[zitoken]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period. 

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

[zitoken]

i am interested with the tokens because there is no ICO and we can get the tokens for free(?).
But can you explain how to get the tokens?
and why there is a sell order in the market while there is no info about how to get the tokens?

You are correct, there is no ICO, team is funding the development with their own capital. Regarding how to get the token, you will be able to get of 2 ways, the first one is buying directly on exchanges and second way will be via reward programs after our Beta Launch.

so currently the token that is sold in the exchange is from team to get the funding for future development?
How you will decide the price of the token that team sold currently?
since the order sell price was 0.00011 eth ++

When our token is listed on exchanges as you can see, team doesn't has control about price, market/token holders define it from now on.

[Miiike]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period. 

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

But arbitrary are completely dependant on miners confirmations, isn't it? So it's rather insignificant which exchanges you're from or to, and high liquidity or not will not affect transfer time too much. Or am I wrong?

[zitoken]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period. 

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

But arbitrary are completely dependant on miners confirmations, isn't it? So it's rather insignificant which exchanges you're from or to, and high liquidity or not will not affect transfer time too much. Or am I wrong?

Transaction time is a point to consider indeed, but the true is this arbitrage opportunities in fact exist for seconds, so what we  are making is designing the software to implement this function and to start first tests in the next 1 or 2 days. After tests our team will decide to remove it or not, since what our main focus will be to develop games to Zitoken platform.

[LoveCryptoAll]

You wrote "In the last function mentioned, we use this BTC in two parts.". But, bitcoin is extremely volatile. Can he fly up to 50,000 dollars in the near future?

[Miiike]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period. 

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

But arbitrary are completely dependant on miners confirmations, isn't it? So it's rather insignificant which exchanges you're from or to, and high liquidity or not will not affect transfer time too much. Or am I wrong?

Transaction time is a point to consider indeed, but the true is this arbitrage opportunities in fact exist for seconds, so what we  are making is designing the software to implement this function and to start first tests in the next 1 or 2 days. After tests our team will decide to remove it or not, since what our main focus will be to develop games to Zitoken platform.

so in the case of a failed software (like the algorithm or the experiment failed to score profits) then your token will resort to a game-utility only where the HOLD feature is removed?

[zitoken]

 

In the last function mentioned, we use this BTC in two parts. The first part is used to cover daily withdrawals and
the second part is used to cover our own bitcoin arbitrage operations to pay interest rates according to period. 

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

But arbitrary are completely dependant on miners confirmations, isn't it? So it's rather insignificant which exchanges you're from or to, and high liquidity or not will not affect transfer time too much. Or am I wrong?

Transaction time is a point to consider indeed, but the true is this arbitrage opportunities in fact exist for seconds, so what we  are making is designing the software to implement this function and to start first tests in the next 1 or 2 days. After tests our team will decide to remove it or not, since what our main focus will be to develop games to Zitoken platform.

so in the case of a failed software (like the algorithm or the experiment failed to score profits) then your token will resort to a game-utility only where the HOLD feature is removed?

Our token is required to get all services on our game platform, you can use ZITOKEN (ZIT) as credit to play all games and other services, for this reason is a utility token.

[Miiike]

Our token is required to get all services on our game platform, you can use ZITOKEN (ZIT) as credit to play all games and other services, for this reason is a utility token.

Yes, I am aware of that utility. My curiosity is on whether the token will still have an interest feature for holding despite the (in case of) failed arbit experiment? Maybe from the earned profit?

[ansi]

So far, very little information to judge the project. But, I can say that the protocol should use a newer ERC 223 or ERC 721. There is no information about the team either.

It's just another random shit token made tradable since day 1 lol, you don't know the total supply, the circulating supply, the team behind the project.
These kind of shit tokens are profitable during last year (December-January 2018) if you know how to deal with them, i mean get them FREE & dump them as fast as possible.

Crypto newbies you better stay away from any kind of project that has Ghost Team or not team at all.

[LoveCryptoAll]

So far, very little information to judge the project. But, I can say that the protocol should use a newer ERC 223 or ERC 721. There is no information about the team either.

It's just another random shit token made tradable since day 1 lol, you don't know the total supply, the circulating supply, the team behind the project.
These kind of shit tokens are profitable during last year (December-January 2018) if you know how to deal with them, i mean get them FREE & dump them as fast as possible.

Crypto newbies you better stay away from any kind of project that has Ghost Team or not team at all.

Unfortunately crap tokens are now the majority. One can never be sure that everything will be transparent and clear. Many are now returning back to stock markets. That is why.