[ANN][PreSale]Illuminates - thread is updated

[Mirkic7]

Now ICO scammers will have a new options for turnkey ICO project that they can launch everyday
Do you filter out the clients you will accept or you will accept anyone for as long as they can pay?

The main goal of the project - create ecosystem where is your reputation will be more expensive then profits that user will receive from frauds. If you will loose your reputation, there is no chance in future to create new account with "clear" reputatuion again. So first of all - to create your ICO, you need to register and complete special KYC and AML procedure. All this information, received after KYC procedure will be hashed and hash will be saved, so there is no chance that you will complete KYC twice using same information. After that, founder will got to complete special agreement with Illuminates platform, and define project soft cap (if project wouldn't reach soft cap, all invested funds will be returned to backers). Project owners will receive special instruments to creating financial and technical reports about project stance and this reports in future will be obligated. Besides that we will control projects spendings, after fudnraising, and if we will find some suspicious activity, like for example creating order on our freelance exchange for development (will be included in next releases) and picking specific developer who takes 100k for 1 hour of work, gathere fund would be blocked on the smart contract.
Another level of security - judges system. There will be special cotegory of users - judges. To became one of them user first of all will need to proof his/her expertise on illuminates freelance exchange. Judges will have a chances to rate the project risking their reputation, but receiving benefits for doing this.
Additional there is will be special tournaments, you can read about that in current version of whitepaper.
We tried consider all possible problems and make our platform as transparent as possible. We are also look forward to receive feedback from our community, what's will allow us to update, expand and make our platform even safer.

Looks like a centralized system, Controlling project spending after fundraising?

So basically you control all ICO Projects that is launch using your platform?

Basically the spendings will be under Smartcontract control only before the official company registration and approval from regulator for crypto-fiat transactions. The rule will be when on Seed stage project SoftCap reached - first obligatory requirement will be official registration of company in selected jurisdiction. Such services will be provided on platform by validated lawyers. Founder should to choose this service provider before the crowdfunding launch. The legal company wallet will be added on the stage of the smart contract creation and the moment when soft cap will be reached needed amount for legal entity registration for (ICO) and license/regulator approval (for STO) will be automatically send to the Layers. After they will sign the confirmed status of approbation from regulator - founder will receive access to the money from investments.
Founder could choose the law companies from registered on a platform, or even brings his own law company to the platform and after validation use their services.

[1715363841]

1715363841

[gullu]

Why your team members dont have linkedin profile? Will this be an IEO ?

[Mirkic7]

Why your team members dont have linkedin profile? Will this be an IEO ?

Almost all of them have it for sure, on the illuminates.org website not all things are done now, we updating it few times a week, we will add links on their accounts, agree that it is important questions cause a lot of projects have fake teams and team members. All our team its one team sitting in one office and we worked together on a lot of different startups of our clients before and they are listed there as blockchain/web developers.

So links will be added today, or the lates tomorrow.


About Initial Exchange Offering (IEO). For sure we have an understanding that its good way to sell tokens. We now working on this questions. On Tuesday (April, 16th) our CEO & founder Volodymyr Malyshkin have assigned call with founder of https://www.globalfuneralcare.org/, cause he already did big research about different offers from different exchanges which provide such service. Regarding final information we will have an understanding when we will list our token for IEO and will we do it or it will be unnecessary.

As was defined from the first touch the restive IEO process needs not small amount of money to start cause if you want to deal and pay only % of token sale (as cash back for exchange)  then you can deal only with small/no names ones. It means - this will brings no result.

From other side medium and large exchanges need from you prepayment as Deposit and its between 5-25 BTC depend of exchange + also for sure % of token sale (about 10% from investments).

About http://binance.com also on Tuesday we will discuss the procedure about how to setup the IEO there, but from now it seems that they take high commission from token sale and from equity (startup shares).

So now we will finalize first what rules will be if we will go that way. Cause now without first token sales or Shares sale we not able to handle $100 000 just for listing and wait a luck to be invested (or not, or almost, or perfect, or ect). It's stupid. Thats not how real business should make strategic decisions. We already have real workable product and for us will be better to invest it in the real Illuminates SaaS products continuous development and PR/sales activities with standard token sale - cause it will bring real community, clients and revenues.

[Mirkic7]

What's the current stage of the project? Will it be tokensale?

Currently we are working on finalizing our MVP. As soon as we will release it, we will anounce the first round of token sale.

How soon you plan to release it after all and what functionality will be in the first release?

Until  start the crowdfunding campaign we plan to have in 2-3 weeks first parts:

1) solution for ICO/STO (website, smartcotract, membership area for investors, referrals, bonuses, one pager etc) ; (Version 1.0)
2) creation of tokenized portfolio for investment funds; (Beta Version 1.0)
3) solutions for conferences(to sell tickets, pitching, stands, etc); (Beta Version 1.0)
4) news channels and websites (to sell articles placements, other advertisements); (Beta Version 1.0)
5) crypto wallet for payments; (Beta)
6) basic version of social networks with integrated payments in tokens; (MVP)
7) decentralized exchange (Beta)

In 5-6 weeks:

8 ) Freelance (create job offers with payments in crypto/fiat, bounty type and non profitable type; (MVP)
9) Solution to start your Startup Incubator (MVP)

+ UI/UX unstoppable updates from lines 1-7.

Thats a plan what we're going to do until start the token and equity sale campaign. Cause we want to give a workable product before to sell any 1st token.
It means you really could spend your tokens from Day1 and receive real crevices (IT SaaS products or to pay commissions, or even hire some one off freelance basis).

[Mirkic7]

Hi dear Illuminates community!


Glad to share with you our first Illuminates platform client for STO:

EV Electra

It was fully done via Illuminates SaaS for startups, was used next things:

• Website SaaS builder
• Smart Contract SaaS builder
• Membership area for investors with referral system and bonus system

Now it takes  4 days to run the project, cause we make additional features regarding client needs, testings, and at the end it could be done within only few hours by any person without any IT knowledge. Price for setting up project is only 399 LUM tokens now (one time payment) and 399 LUM/month. (399$ and 399$/mo will be fixed price in USD, because later it will cost less in tokens).

Also for all startups will be a possibility to not make payments for 3,4 or 5 months and only after this time period, they'll have a choice to cover payments for these months or to stop the campaign if it wasn't successful. So we reduce the risks and costs in IT part for founders on this stage and helping them to concentrate their investments for legal needs,  PR, marketing, and token sale.

On this stage it was paid in fiat because we didn't start the token sale yet, but it will gives users an ability to see what kind of product we can give for our clients and see that its a really workable product.

Looking forward for your questions and comments.

Sincerely yours,
Illuminates team.

[WanKenobi]

Hi, when you exactly plan to start the bounty?

[Mirkic7]

Hi, when you exactly plan to start the bounty?

Hi there, today till the end of the day we will setup it. We're working on it to make it not just "free tokens" for some useless activities. Our tokens have real USD value even now, so there will not be any "airdrops".

From other side we're glad to said that for everyone who really want to earn good and help us to bring the most valuable and useful project for real each day use on market - then its your chance cause nears 5 mo we will pay more in tokens then it will be when the token will be listed on exchanges.

We will make an announcement in this group the same moment we will setup the Bounty program.

Sincerely yours,
Illuminates team

[Mirkic7]

Why your team members dont have linkedin profile? Will this be an IEO ?

You should click on team member image on http://illuminates.org/ and you'll have a popup with detailed information about team member and a link on his Linkedin account.

Sincerely yours,
Illuminates team

[Mirkic7]

Thread updated

• Link for the Bounty added;
• Link for the services thread added;
• Added more information about project;
• Roadmap added;

[Mirkic7]

Meet the team

(Click to learm more)

(Click to learm more)

More Q&A sessions with team members are coming

[Mirkic7]

What do you know about White Paper writing? Who is doing this, how is the work going and how much it costs? Decrypt journalists conducted an investigation to uncover the truth about the White Paper writing process. Our CEO - Volodymyr Malyshkin shared his experience. Read the full article

[Mirkic7]

Decrypt article aroused unprecedented interest from the community. As a result - various popular publications have made repost on their pages. Links to publications are published below:

• Coin Telegraph
• Finance Yahoo
• Dily Hold
• The BlockCrypto
• Crytpopolitan
• ETH News
• Crypto New Monitor
• Bitcoin Exchange Guide
• Crowdfund Insider

[tspmhack6]

Participate In Our $ 400 000 USD Bounty Campaign! wow this is very big money, I am very interested in all this and i just want to make sure whether this will be paid monthly. I see you haven't mentioned the time of the Bounty campaign. How long will it take?

But besides that, I also saw the potential of your project. It is an ecosystem. " The first social ecosystem that will allow to make available all the advantages of blockchain technology, qualitatively changing the conditions of interaction between investors, freelancers and startups "

This will help a lot for startups. I want to see the introduction video, but it doesn't seem to work. Please Fix it soon. And I will introduce your project on my articles

[Suke_Teki]

What do you know about White Paper writing? Who is doing this, how is the work going and how much it costs? Decrypt journalists conducted an investigation to uncover the truth about the White Paper writing process. Our CEO - Volodymyr Malyshkin shared his experience. Read the full article

this is quite surprising to me, so far I think every  Whitepaper is made by the project team but after reading your article I just found out about the facts. maybe this is one of the reasons why most of the projects in the past year were scam and a lot of shitcoin

[Mirkic7]

What do you know about White Paper writing? Who is doing this, how is the work going and how much it costs? Decrypt journalists conducted an investigation to uncover the truth about the White Paper writing process. Our CEO - Volodymyr Malyshkin shared his experience. Read the full article

this is quite surprising to me, so far I think every  Whitepaper is made by the project team but after reading your article I just found out about the facts. maybe this is one of the reasons why most of the projects in the past year were scam and a lot of shitcoin

In fact the main reason for this, there are no instruments, that allow users to check the ICO's activities from early development to projects spendings after release, for now.
We are solving this issue on Illuminates platform, using Relate facts technology. Every activity, milestone, team member reputation, will be hashed and stored to the blockchain, so contributors will have a chance to track startup progress from its beginning to the end before even make an investment.

[Mirkic7]

Thread and website are updated. Big bounty update is coming.

[Mirkic7]

We have updated Illuminates.org. A lot of new things added so feel free to test it.
Major bounty update is also here. In fact, it's more like the second round, because there is a lot of newly added tasks, new tokens allocation and more. Check it out, it's a perfect way to receive LUM tokens, that could already be spend on our platform.

[Icianer]

We have updated Illuminates.org. A lot of new things added so feel free to test it.
Major bounty update is also here. In fact, it's more like the second round, because there is a lot of newly added tasks, new tokens allocation and more. Check it out, it's a perfect way to receive LUM tokens, that could already be spend on our platform.

In my opinion you should make some patch notes for the platform updates, otherwise people wouldn't have a chance to see the progress.

[Mirkic7]

PreSale will start on the 1st of September. On the first stage token price will be as follow 1ETH = 3000 LUM (200% bonus included). Separately with LUM we will sold 6% of equity.
Follow the Link or click on the picture below to learn more

[Mirkic7]

We got 10000 users! The amount of “Illuminates Platform” community is growing rapidly. Thanks to your support! Today, 10,000 users have already registered on the platform. Stay tuned for our news to keep your hand on the pulse of the latest updates.