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Topic: [ANN] Advantage Blockchain | USDX-TOKEN | Perfect Stabletoken | See More [ANN] - page 2. (Read 764 times)

copper member
Activity: 39
Merit: 0
Hi holydarkness,

Perhaps a miscommunication but it makes sense.

10k is enough to get started but not complete the project, so no it is not a MVP. Just enough to start editing parameters.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi holydarkness,

As you can read, it says 'minimum funding for wallet kick-off' that is the bare minimum to start not complete.

As for the team, a section will be introduced in the new website with legal documents, wallet downloads, and so on for more information.

Yes, as in the MVP, right? The minimum viable product? But your last statement said that 10K will not even close to launch it? I honestly don't understand if this is a poor language barrier or you aren't well versed on your project or... the other, more notorious and more negative one, but were you saying that suppose you managed to gather 10K USD, it is not guaranteed that your wallet will be able to work and run? Like, those people invested and at one point in the future you told them, "sorry guys, insufficient fund. I managed to build the base of the wallet, but it won't be able to run because the dev I hired refuses to complete it because I stopped paying due to the lack of fund. Thanks for your time and money, good bye."?

For legal docs, when can we expect it? Together with the launch of your legal documents? On April 2023? Wouldn't it only need few hours, if not minutes, to add a section about your team and their pictures on your website? I can't comprehend why would it should take nearly four months for that.
copper member
Activity: 39
Merit: 0
Hi holydarkness,

As you can read, it says 'minimum funding for wallet kick-off' that is the bare minimum to start not complete.

As for the team, a section will be introduced in the new website with legal documents, wallet downloads, and so on for more information.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi Friend,

Advantage never has control of any aspect of customers wallets or funds, unlike traditional stabletokens that control the withdrawal and deposits. And no 10k usd would not cover even close to a wallet release.

I am sure we are all aware that none of your reply addressed the matter of team details. The statement I mark in bold though, is quite interesting. You made it clear on your roadmap document --which traditionally should be on the same file with your whitepaper, but that's ok-- that your softcap is 10K, and now you said it wouldn't even close to buid your wallet? Why does each of your statement on different sources keep contradict each other?

copper member
Activity: 39
Merit: 0
Hi Friend,

Advantage never has control of any aspect of customers wallets or funds, unlike traditional stabletokens that control the withdrawal and deposits. And no 10k usd would not cover even close to a wallet release.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Come join the Discord and meet some members

Yeah, thanks, but I'll appreciate it more and would strongly prefer if the said info is consumbable here? Where people can easily access? It is bound to happen anyway, as I think it is rather inconvenience and less appealing when someone wanted to remit their money through you and wanted a sense of security by knowing to whom they hand their money to, and what they get is, "come to discord and meet our member."

Besides, I've took a quick look at it, and it's not much. Literally zero added info about the team.


 

And do I understand correctly that you're in the middle of cwowdfund to kick start your wallet, for 10K USD?
copper member
Activity: 39
Merit: 0
Come join the Discord and meet some members
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi holydarkness,

This is the first proof of stake stabletoken. The estimates are 10 - 100% ROI% entirely dependant on the daily volume.

As stated 20% is the rough estimate.

RNDPoint is just an example of a 3rd party KYC AML service provider. One will have to be found and integrated into later wallet versions.

Not sure how wide their work area is, or why you would mention them as your example when you can use a third party from your very own base office, Canada, but what I actually asked is not KYC, it's KYD, your team, you planned to give a detailed info of the people behind the platform who remit money worldwide, right?
copper member
Activity: 39
Merit: 0
Hi holydarkness,

This is the first proof of stake stabletoken. The estimates are 10 - 100% ROI% entirely dependant on the daily volume.

As stated 20% is the rough estimate.

RNDPoint is just an example of a 3rd party KYC AML service provider. One will have to be found and integrated into later wallet versions.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi HolyDarkness,

20% falls in between 10 and 100.

My personal expected ROI% assuming coin success is 20%.

20%-100% ROI bears a huge difference with 10%-100%. If you reasoning that they typo is excusable because 20% falls in between 10 and 100, I can't understand your logic in basic finance. And you want to propose an invest product? 20%-100% means people would expect at least 20% annual profit, as you advertised on your website, they didn't know that it is a typo, and the lowest expected return is 10%, half of what's advertised. When their annual return is 15%, you've successfully misleading them.

As for KYC AML we plan on hiring a 3rd party professional company to integrate with us. An example: RNDPOINT

This one? https://rndpoint.com/
They offered a service for KYD and AML compliance? In Canada?
copper member
Activity: 39
Merit: 0
As for KYC AML we plan on hiring a 3rd party professional company to integrate with us. An example: RNDPOINT
copper member
Activity: 39
Merit: 0
Hi HolyDarkness,

20% falls in between 10 and 100.

My personal expected ROI% assuming coin success is 20%.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi HolyDarkness,

28 500 is the guaranteed number for 1 million daily volume.

Yes 10.00% - 100.00%.

So the number on your website is a typo? Wow, such a big error, don't you agree? It's a huge margin difference and possibly mislead people into interest.

I'd also like to know about your plan to be Canadian AML compliant, i see this on the "Legal" section of your whirepaper, but why doesn't anything about it mentioned on your roadmap? Does the compliance planned foe a very very far future that it's not covered on the roadmap?
copper member
Activity: 39
Merit: 0
Hi HolyDarkness,

28 500 is the guaranteed number for 1 million daily volume.

Yes 10.00% - 100.00%.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Hi HolyDarkness,

A 1 million daily volume average would yield 10,402,500 annually. Dependent on the amount of coin holders that returns the ROI%.

1 million daily volume = 28 500 USDX per day for coin holders

Best regards


--I merged your consecutive post--

And this number is a forecast, right? The actual number is yet to be proven as you're not launched yet and after that, the 1M daily volume would still highly dependent on the popularity and mass adopti of your token. By the way, your website said 20%-100% ROI, not 10%. A honest mistake or were you forgot the number you wrote there because well... that's just a random number you threw, you forgot them immediately.
copper member
Activity: 39
Merit: 0
1 million daily volume = 28 500 USDX per day for coin holders
copper member
Activity: 39
Merit: 0
Hi HolyDarkness,

A 1 million daily volume average would yield 10,402,500 annually. Dependent on the amount of coin holders that returns the ROI%.

Best regards
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Thank you my friend for the beautiful question.

Why Advantage is different from Tether?

Advantage is a serious contender for Crypto of the year because it can provide huge dividends to potentially millions of people - simultaneously.

And this prestigious statement is brought to us by... yourself? You crowned yourself as serious contender for crypto of the year --whichever crypto won such award this year?


The expected ROI% is dependent on the 'high fee'. This can create an ROI% of 10.00% - 100.00% for all Users on the Blockchain.

I'll leave the part I chased before, the remmitance, for now and focused on this one. I would love to see the math and formula behind this statement. How long will it take exactly for such investment to reach 100%? And how does those number achieved in reference on the statement quoted above that those return were gained from the aforementioned 'high fee'.
copper member
Activity: 39
Merit: 0
Thank you my friend for the beautiful question.

Why Advantage is different from Tether?

Advantage is a serious contender for Crypto of the year because it can provide huge dividends to potentially millions of people - simultaneously.

The expected ROI% is dependent on the 'high fee'. This can create an ROI% of 10.00% - 100.00% for all Users on the Blockchain.
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Wasn't what you offered basically already covered by, like... a lot of crypto out there, BUSD or USDT, for example. They offered same things, same --or even better-- transfer time, and... less fee. I'm not exactly sure how will this fee appealing, 5% for remittance is quite taxing, especially as your token is leaning toward remittance, not investment tools, which means they're designed to be used for transfer and then immediately converted to other currency.
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