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Author Topic: White paper looks ok? (Yes, will do an little ICO)  (Read 164 times)
xOdiumNostrumx
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October 09, 2020, 07:46:25 AM
 #21

Haha, well, you did not provide a WP, not sure what is going on here. Just laying out basic token economics and some loose plans does not make a Whitepaper. This could maybe work in 2017 when people were throwing their money into everything, but not now, even if you plan to cash in the DeFi craze, you have to provide much more than this.
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jerrison
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October 09, 2020, 09:38:27 AM
 #22

How come you considered it as whitepaper. Anyways many were not interested in ICO now, the term ICO is long gone due to many scam accusations and attempt that many developers and project owners did in the past. Better find a investor on your area or personally without pushing the ICO and try to be listed as much as possible in a good exchange so you're project will be notice.

Was looking also where his whitepaper is? Is the OP referring to his post as whitepaper?  Roll Eyes
Obviously, he needs to forget this "project" as it seems this will be another crap ICO project.
I'm not seeing a very solid background that will truly shows that he is ready to embark the crypto business.
If he thinks that he has the capability to realize his objectives, better look for private investors and pitched this project.
We don't need another weak ICO project that will only take money from gullible users.

I think everything still works for whoever wants to deploy it. That scammers invaded the ICO and people lost confidence in it doesn't mean that some people don't raise their startup funds using the ICo method. Its just that the number of people that will have confidence in the ICO kind of raise are very few. Again, the AI research may not entirely be the same as what things already exists. Give people the opportunity of showcasing what views they have towards the betterment of the world.

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October 09, 2020, 10:02:55 AM
 #23

Whitepaper quality has really gone down these days huh. I mean, that is at best a 1-pager token economics most economics undergrads could come up with on a paper napkin in 15 minutes while high on weed. But I guess that's the gist of all Defi projects these days:P

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October 09, 2020, 11:25:44 AM
 #24

Price Different from Phase 1 to Phase 2 it's too high i suppose, Even early adopter will get benefit but i suppose you are running an sale right so i don't think it's really good especially for phase 2 Participants. Anyway today ICO was dying and basically almost all project was failed, Maybe try some IEO? Or just launch your project without sale, List on the exchange while you develop your AI things, It's more better i suppose. Well i'm not really experience too but so far i know ICO is dying so it's no good option.

Last things, how about using DeFi Scheme? Even you are focusing on AI it's good option too get more people attention.
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October 09, 2020, 11:54:52 AM
 #25

ICO is a dead format since 2019

Even if he is dong a little ICO he should not proceed we are past over this type of crowdfunding I have seen a lot of projects good projects with good potential but unfortunately they failed top get funded because they launch their crowdfunding through ICO, which is not ok for investors because they do not have protection on this kind of crowdfunding.
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October 09, 2020, 01:34:09 PM
 #26

Total supply: 10M tokens (fixed no increase/decrease)
No airdrop

Token allocation:
60% community token.
Phase 1: Early adoption, 1 or 2 month, 1ETH=1000 tokens (~$0.33/token. Marketcap $3.3M)
Phase 2: 1ETH=100 tokens
20%: Liquidity/market protection; Applications/Marketing; Community Event (eg. knowledge sharing; teaching robots).
20%: team token (Lock until 2022/Sep/29)

Why crowd sale: to secure fund for AI research of years.

Factors affect token price:
1. The token price tightly related to the value of my AI research, which I believe will become the foundation technology. Use this title for the campaign: The community fosters future AI.
2. Marketcap 3.3M. The value of the public media exposure should be well above 3.3M (estimate 100x that), creating an image for the token.  
3. Token application: (no plan yet) Usage should be AI or tech related, or leave it to future when AI can serve human society. As such we expect lots of chances for AI to compensate the community.
I don't understand if this is an announcement thread? I don't see anything interesting here, you need to explain more about your goals for the project, and you also need to introduce your team.
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October 10, 2020, 02:45:54 AM
Last edit: October 10, 2020, 10:17:42 AM by ai milestone
 #27

Price Different from Phase 1 to Phase 2 it's too high i suppose, Even early adopter will get benefit but i suppose you are running an sale right so i don't think it's really good especially for phase 2 Participants. Anyway today ICO was dying and basically almost all project was failed, Maybe try some IEO? Or just launch your project without sale, List on the exchange while you develop your AI things, It's more better i suppose. Well i'm not really experience too but so far i know ICO is dying so it's no good option.

Last things, how about using DeFi Scheme? Even you are focusing on AI it's good option too get more people attention.

The phase 2 price is actually my target price. Phase 1 price is 90% off from that, kind of an airdrop but need to pay 10%. I will ask my family/friend to join for sure, and then use all my energy to propagate it.

If crowdfunding ICO fail (very few tokens sold), using Defi may fail too. Probably I will try to sell to venture companies then, at a relatively low price. or seek an IEO. Either way the phase 1 buyers should be safe. I don't think my tokens are completely worthless.
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