Topic: [ANN] AICOIN ICO: The Investment Collective that Builds Wealth for tokenholders - page 18. (Read 41076 times)

currently around 61m has been claimed, once the ico is over, there won't be more releases of the token, the price is 0.00001 bitcoin per token.
Maximum hardcap = 1b tokens = end of ico

See here for a nice graph of it ( mouse over and ull see the numbers )


Hey folks, about 2M - 2,8M USD is my guestimate ( tokens issued * token price * BTC value at moment of purchase = guestimate ), since the price is locked as soon as they receive BTC/ETH or any other currency allowed to use, I can't do give an exact value ( I'm not the dev ).

What's the total number of coins and what is token price at ICO?

I've also tried to find ut how much is raised it would be good to know, the total raised

Dev, How much ICO raised at the moment? Is there going to be released on the exchange after the end of ICO?

Step one: amassing capital IS SUCCESSFUL. https://www.aicoin.io/number-aicoins-issued/
The next step is to let Wintermute the A.I. loose again. We'll all be able to watch the profit in real time. And the trades with a delay. That's going to be exciting.
Plus a bunch of start-ups have already started to contact me on Linkedin.
Everything is looking really good.

August 17, 2017    Singapore

AICoin, a new type of investment vehicle that works as a collective combining the power of artificial intelligence with the wisdom of the crowd is nearing the close of its ICO subscription period.
The Collective follows an investment strategy that provides profit potential from two interrelated revenue streams designed to accelerate return on investment.  The first stage uses the funds collected during the ICO to make short term trades in multiple cryptocurrency markets using  proven artificial intelligence models. The second stage takes trading profits and makes seed investments in promising young companies in the fields of artificial intelligence and blockchain. These investments can be taken in the form of a traditional equity stake or in the purchase of ICO tokens.

As part of the governance process, an Investment Board will be created. The primary responsibility of the Board will be the preliminary review of investment proposals presented to the Collective for funding. Their goal will be to narrow the number of proposals down to no more than five every quarter. These finalists will then be presented to the token holders of the Collective to vote which of the proposals will receive funding that quarter.

The Investment Board is made up of five members; two appointees’ will be selected from the developers of the trading models (First Global Credit). One appointee will be an independent representative with knowledge of the world-wide start-up market – Jon Matonis, one of the original founders of the Bitcoin Foundation has agreed to take on this role; and two appointees’ will be elected from the population of AICoin token holders.

Any AICoin token holder is eligible to put themselves forward as a board candidate. To fulfill their duties they must have the time needed to review proposals presented to AICoin. The board will engage in online meetings to discuss the merits of the individual proposals and jointly come to a decision on the opportunities to be presented to the Collective. Some token holders have already stated their intention to apply for board positions and the process will commence directly after the end of the subscription period. Candidates will be provided with a forum where they can present their qualifications and state why they would be good candidates to become an integral part of the start-up selection process. There will then be an on-blockchain election where token holders vote for the candidate they favour.  Following the vote, the candidate with the highest number of votes will be appointed for a two year term and the candidate with the second highest number of votes will be appointed for a one year term.

After the initial candidates are elected there will be follow on elections every year for one of the two posts.

All token holders are entitled to apply for a board position. To apply send an email to [email protected] with the registered username on the site. A full list of applicants will be compiled before kicking off the formal process two weeks after the close of the ICO. The vote will take place 2 weeks later using the smart contract voting mechanism.

Learn more about AICoin at – aicoin.io
Learn more about First Global Credit
Setup an account at – account

If you go to the home page and scoot down to the table there is a chart icon which leads to a live feed of subscription total. We're getting down to the wire. Time to join the collective!

Has this been done yet ? How much has the ICO raised so far ?

When the ICO closes you will be able to use an online MIST wallet First Global will host or you can transfer the tokens to your own wallet and Ether node. In both cases you will control the private keys. If you want to use XAI as trading collateral for the FGC site then after you set up a FIrst Global account you can transfer them there. If you want to use another exchange and sell them we will publish a list after the ICO.
After the ICO no new tokens will ever be offered. To obtain more you will have to buy them in the after market.

Will the AICOINS be available for withdrawal from the aicoin.io account once they're distributed or will they be sent to the wallet?  I want to know if I can contribute from an exchange or if it needs to be from a wallet?  thanks

by Marcie D Terman

AICOIN, the world’s first investment collective that grants and manages voting rights of token holders through the ethereum blockchain is rounding the bend towards the home stretch in its Initial Coin Offering (ICO.) AICOIN is the first passive investment product being offered by blockchain industry regular First Global Credit, a cryptocurrency capital markets company that has been serving the crypto-ecosystem since 2014.

In response to the opinions of a significant number of AICOIN subscribers, First Global Credit management has made a decision to revalue the token from its initial price of 100 AICOIN’s (XAI) to 1 bitcoin to 100,000 XAI to 1 bitcoin. This brings the price of an individual XAI token from approximately $37 US dollars (based on where bitcoin is trading on the 12th of August) to 3.7 US cents. Once the post ICO, after-market for XAI is established, the underlying asset value plus market demand will set the price of the token.
First Global Credit CEO Gavin Smith and one of the strategists who designed the coin’s unique 2-stage profit building approach had this to say during a recent REDDIT AMA event to discuss the finer points of AICOIN. “By implementing this, effectively, as a coin split it will not adversely impact existing subscribers who will simply have the same subscribed value through a much higher number of tokens with a price still linked directly to the price of bitcoin.”

Though this change has no tangible impact on the value of the token which is linked to the market price of bitcoin during the ICO, the logic behind the change is that it will make the token more attractive post ICO when the token starts trading on various exchanges including First Global Credit’s multi-asset trading platform.
“Since AICOIN is a functioning investment collective with underlying assets plus a potential revenue stream from day 1 and not a start-up whose value is driven only by potential profit at some point in the future, AICOIN will trade on the asset’s value plus potential, not just potential alone in the open market,” stated First Global’s Chief Operating Officer Marcie Terman. “But a market is still a market, and we have a responsibility to token holders to create an environment where they can trade the coin should they wish to. This speaks to setting the price initially at a level that will encourage participation of speculators that did not choose to buy-in during the ICO.”

The AICOIN ICO will continue until the market cap of one billion coins are spoken for or until the 28th of August after which there will be a brief pause to finalise the details governing the Singapore based holding company that has been formed to hold assets on behalf of token holders. The token will be tradable on the First Global site where it also can be used as collateral to trade over 500 stocks, futures, FX and cryptocurrency contracts. Other exchanges that will support trading the token will be announced shortly.

Thank you Chefironside, We are glad to have you on board. I CANNOT wait to get started.

A very interesting project . I discovered it late, so I got less bonus
But rather invest now than not at all . The whitepaper is really in order
The project will probably be a success if I look at the developers .This is already experience behind it
And this is important with an ico
I am already very excited about september
good luck and good work continues

I sent you a private message, look forward to your courteous reply

Tell me what you need specifically. I may have a script to pull it out. But I'm pretty busy.

Ok thanks for the answer, is there a spreadshet to check my situation?

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August 28 when the ICO ends with live trading (and money making!) starting on September 4.

When does this bounty campaign end?

We have watched the debate about bitcoincash (BCH) among AICOIN subscribers and, as a result, we have made the decision to support bitcoincash and accept it as one of the assets that can be used to subscribe during the AICOIN ICO.
Clearly we will need to ensure that there is a viable blockchain and a two way market after 1st August but, providing this is the case we will start to accept bitcoincash subscriptions as soon as we can safely accept transactions on the new blockchain.

As with other non-bitcoin subscriptions we will transfer the value of bitcoin cash into the bitcoin equivalent at the price prevailing when the subscription appears on the blockchain and credit the equivalent value in AICOIN. To further support the ideal of true decentralisation it is our intention to include BCH as one of the assets that will be traded by the A.I. trading models, adding liquidity to the market and hopefully provide benefit both to bitcoincash and AICOIN token holders.

to find out more visit the ICO website. Start an AICOIN account to benefit from the ICO.