[ANN] BURSTEX.io - Crowd Owned Exchange - Profits Shared Among Token Holders

[Bowtiesarecool]

Your post has a link to the site, saying presale starts February 15th, 2020. However, once you actually go to the site, the "Pre-sale Signup" button doesn't even work. Above the button it states "Time's up", below it saying "Raised $2,258,500". What's the deal? Did the presale already happen or what?

Whitepaper button links to nothing as well.

They still have a lot of things to fix here. They should have made this as Pre-Ann and not ANN. At least people are not expecting too much. Also, please explain about the figure $2258500? Is that for real or are you in the process of editing your page?

So many things just doesn't add up.
While it's true that they may have been "excited" to have announced and published the whole thing, it made no sense that the CEO, CTO, and other product heads decided to sit out having their profile slots taken by a bunch of advisors, marketeers, and community managers. Really, community managers over project leads. Might as well shove in the janitor too.
Now that the founders' profiles, I can see reason why it's rather be in the dark. MLM, anybody?
Then, you have the raised amount. Angel investors. oK. Is it possible to know them and the rate they acquired the crypto?

[Flodner]

So many things just doesn't add up.
While it's true that they may have been "excited" to have announced and published the whole thing, it made no sense that the CEO, CTO, and other product heads decided to sit out having their profile slots taken by a bunch of advisors, marketeers, and community managers. Really, community managers over project leads. Might as well shove in the janitor too.
Now that the founders' profiles, I can see reason why it's rather be in the dark. MLM, anybody?
Then, you have the raised amount. Angel investors. oK. Is it possible to know them and the rate they acquired the crypto?

Thanks for your interest and questions.
I tried to remember projects that disclosed information about angel investors' rate I don't remember any. Do you?
However if Burstex team can answer this - we'll hear the answer

[Burstex]

Then, you have the raised amount. Angel investors. oK. Is it possible to know them and the rate they acquired the crypto?

At the time the price was $0.0033/BEX

[Flodner]

Burstex social media channels in French

https://www.facebook.com/burstexFR

https://twitter.com/BurstexF

https://medium.com/@Burstex_FR

[Burstex]

Nowadays, decentralized exchanges are starting to make an impact in the crypto world.
Is it time for them to take the crown from #centralized exchanges?

[Flodner]

In General, you are right, it sounds tempting, but I would like to study the details, because the white paper has information about this, but it is not enough

The white paper is coming soon
So soon there will be a lot of details

[terciduk123]

When does pre-sales start? At what price will BEX coins be sold? Will there be discounts for first-time investors?

Presale starts 15th FEB 2020
Token price is $ 0.0035 USD
Presale bonus 200%
Crowdsale starts 16TH februari, bonus 100%
17-19 februari, bonus 50%
20-22 februari, bonus 25%
23 februari, bonus 0%

[Burstex]

Our social media accounts in Korean Version are now up!

Check it out through these links👇
👥 https://www.facebook.com/BurstexKorea
🐦 https://twitter.com/BurstexKorea
📝 https://blog.naver.com/burstexkorea
📸 http://instagram.com/burstexkorea   

[Burstex]

Do you plan to develop the exchange's mobile platform in the future?

Good question, thank you
Yes, the mobile platform or the mobile version of exchange will be developed in future.

[tippytoes]

All exchange token holders will receive passive income from the exchange's profits, aren't these tempting conditions?

Yes of course these are great conditions
Thanks for your support and interest

That will only be attractive if the exchange will really do great in trading. If they can't attract sufficient number of traders, the profit might be small but yes, still good to have something rather than nothing. And also, hopefully, they will not disappear in no time. You'll never know the lifespan of crypto exchanges nowadays.

[nira09]

I found information on your site that all profits are distributed to BEX token holders. then what about your exchange operational costs? besides that, does the Burstex exchange have allocations taken from the Exchange profit for reserve funds?

[Flodner]

I can only say that the competition between cryptocurrency exchanges is great, and in the future, it will be even higher. What exactly is BURSTEX better than others?

As for me, two things differs it from other exchanges
One is that it's on BURST
and another that Profits Shared Among Token Holders

Will it be better than the others? Time will show

[Burstex]

You wouldn't want to miss this!

On the 15th of February, we will gonna start our PRESALE!! So mark your calendars as early as now! 🗓

https://burstex.io/

[Bowtiesarecool]

So many things just doesn't add up.
While it's true that they may have been "excited" to have announced and published the whole thing, it made no sense that the CEO, CTO, and other product heads decided to sit out having their profile slots taken by a bunch of advisors, marketeers, and community managers. Really, community managers over project leads. Might as well shove in the janitor too.
Now that the founders' profiles, I can see reason why it's rather be in the dark. MLM, anybody?
Then, you have the raised amount. Angel investors. oK. Is it possible to know them and the rate they acquired the crypto?

Thanks for your interest and questions.
I tried to remember projects that disclosed information about angel investors' rate I don't remember any. Do you?
However if Burstex team can answer this - we'll hear the answer

You're kidding right? Who hasn't heard of Multicoin Capital? Lemniscape VC? Fenbushi? NGC? Drapper? And they all have the startups they invested in on their site. Yes, you're asking if I remember startups that listed their investors, but I'd rather point you to the angels first so you can go see it publicly documented and then go to the site of the startups and see if they didn't disclose. Most recent rate disclosure I can remember was by Kava stating the rates for all 3 private sales. Hbar too disclosed their rates even when it was zero. Literally

[Flodner]

You're kidding right? Who hasn't heard of Multicoin Capital? Lemniscape VC? Fenbushi? NGC? Drapper? And they all have the startups they invested in on their site. Yes, you're asking if I remember startups that listed their investors, but I'd rather point you to the angels first so you can go see it publicly documented and then go to the site of the startups and see if they didn't disclose. Most recent rate disclosure I can remember was by Kava stating the rates for all 3 private sales. Hbar too disclosed their rates even when it was zero. Literally

Ok, thanks for your answer. Some of the names I heard of course.
Also your question is now answered: "At the time the price was $0.0033/BEX|
Thanks again for your interest

[Flodner]

Anyone familiar with Burst blockchain? What's so special about it? I'm most interested in security.

Burst was created in August 2014 as a NXT code fork – it has been working and battle-tested for years. It is the first cryptocurrency using the Proof-of-Capacity consensus algorithm, a modified PoW mined with HDD space, making it much more energy efficient and green than Proof-of-Work, yet fairer and more decentralized than Proof-of-Stake. It was the first ever cryptocurrency to implement working, turing-complete smart contracts, and to perform Atomic Cross-Chain Transactions (ACCT). And with the new BlockTalk framework, smart contracts can be coded in Java and deployed to the chain with ease.

More about BURST you can read here: https://www.burst-coin.org/

[Burstex]

What we should do to earn profits on http://Burstex.io?

Nothing! Because users who hold $BEX (Burstex token) will receive profits from exchange fees, that easy! 💰

[Sharkzz1]

Hello There! Maybe someone already wrote about POC, but i need to know something. If Burstex will have the own blockchain network, what i need to do, that i can launch my node or something that. This is the first time when I am faced with Proof of Capacity and I don't know anything about this consensus algorithm. 

[indo1]

I see PRESALE BEGINS 15 FEBRUARY $ 5,000 MINIMUM, 24 HRS, I am not too sure the investor is interested in the bonus given by 200%, I say this because it is an unnatural bonus and, the minimum capital participation is large enough to make a small investor others are not able to follow I think look at it first with a minimum to participate

[terciduk123]

Does the project already have its own wallet? Can I test its functionality? Where can I find information on this issue?

You can find information about the BURST wallet on the Burstex.io site in the FAQ section.

I see PRESALE BEGINS 15 FEBRUARY $ 5,000 MINIMUM, 24 HRS, I am not too sure the investor is interested in the bonus given by 200%, I say this because it is an unnatural bonus and, the minimum capital participation is large enough to make a small investor others are not able to follow I think look at it first with a minimum to participate

Actually, a bonus that is too large is not good for the token itself, because it can cause the price to fall when the token is traded. they said that they had collected $ 2 258 500 USD. I hope they can prove it.