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Topic: [ANN] Λ (APX) APX Ventures | Ubiq-Secured | Crowdfund + Escrow via Bittrex ✔ | - page 8. (Read 39604 times)

full member
Activity: 182
Merit: 100
Trader*Investor
APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.


I can answer this for you , if you want .

In ICO'S Participants are called as donors for legal reason that they do not acquire stake or equity in the company .

If in an ICO , someone is calling you can investor then u become an equity holders and thus gives you stake in the company .

PS:- Most ico's refrain from using the word "Donors" because they simply want to ignore this question of legal liability but as these guys are legit they pretty much mentioned that participants are donors and not investors .

I hope this answers your question . 
sr. member
Activity: 434
Merit: 250
I can do Vietnamese translation for this project if you need Smiley
newbie
Activity: 28
Merit: 0
APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.


There will be a crowdfund hosted by Bittrex. You will get APX in return for participating in this crowdfund.
sr. member
Activity: 537
Merit: 259
APX is ICO, right! and you call it Donations/Donors in thread, can i ask you why?

@notsofast Thanks for ignoring my question.
legendary
Activity: 1517
Merit: 1042
@notsofast
Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.

In some cases, to preserve speed and knowledge advantages, I won't even have time to disclose what is being mined until the play is complete. Much like I do personally with my own mining now.

The basic mining program will attempt to speculatively mine single coins that have a good chance of price growth that would beat current multipool baselines. From time to time, as opportunities arise, I will be pulling some or all our available hashpower into time-critical mining plays.

The 3-month ROI is a very tall order Ace has given me to fill, but on a small scale like we're starting with, it's not impossible. The last mining unit I bought, I ROI'd in just under six weeks. I researched and mined a coin that was fundamentally undervalued and out of the spotlight to do that. There are plenty of similar opportunities out there.
newbie
Activity: 28
Merit: 0
Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

The mining operation is not a cloud mining operation. We have a physical location from where we are operating our equipment.
What is different about our mining operation when compared to cloud mining is that we have realistic ROI estimates of ~ 3 months.
To confirm our estimates, we are conducting a test run and expanding afterwards pending results of the test run.
What coin we are mining will vary but it will depend on analysis done by the APX Team along with input from our mining adviser.
There is no set date on platform release but we are aiming for release by September 2017.
hero member
Activity: 1148
Merit: 512
Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?

yes, These quetions are known clearly and I will join it after ICO launching. I will follow this thread .
full member
Activity: 182
Merit: 100
Trader*Investor
Two to three things which I want to ask .

First :- Need a Whitepaper ( Which explains the model and the financial system )

Second :- What would be the financial structure of the platform + Mining cloud service and which coins would u mine ( Like btc only or all altcoins which give profits )

Third :- By what time would the platform be ready ?
newbie
Activity: 28
Merit: 0
Statement regarding potential hardfork for BTC...

The APX Team will continuously monitor the Bitcoin Core vs. Bitcoin Unlimited situation. In the case of an impending hardfork, APX will prepare in the following ways:

- up to 35% of BTC will be converted to $ (USD) as a hedge.
- 40% of BTC will be diversified into select higher market cap. coins
- 25% will be kept as BTC, after hardfork BTU will most likely be sold for BTC.

Not only is the hardfork process promoted by Bitcoin Unlimited reckless, Bitcoin Unlimited has demonstrated technical incompetence on multiple occasions. The development team behind Bitcoin Unlimited is incapable of producing functional and reliable code. Noting this, the APX Team will continue to fully support and view the chain supported by Bitcoin Core as most in line with Bitcoin's original vision of a secure, decentralized, and peer-to-peer payment network.
newbie
Activity: 28
Merit: 0
Hard cap on the ico ?

also telegram invite not working

It say's max 1500 BTC in the opening post.

Correct. There is a hard cap of 1000 BTC and 1m UBQ which amounts to a max hard cap of ~ 1500 BTC. Although based on current UBQ prices, it is closer to ~ 1200 BTC.
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
Hard cap on the ico ?

also telegram invite not working

It say's max 1500 BTC in the opening post.
legendary
Activity: 1524
Merit: 1001
NOBT - WNOBT your saving bank◕◡◕
The Crowdfund + Escrow via Bittrex ,seems to me very interesting project. watching this ANN.   
hero member
Activity: 1050
Merit: 506
Sorry, you are adding nothing of innovative value here. There are plenty of ICO review sites, Public Crypto Portfolios with good reputations (such as Blue Magic Capital), Will the mining operation even pay dividends to coin investors?

Looking at the roadmap, 15 btc to buy yourself some cool laptops and a few Trezors, 300 btc level commencing a crypto review platform.

You guys have a good reputation but this just seems very half-assed. I hope that you will be able to convince me otherwise in future developments.  Undecided

I understand your concerns. What ico review site do you consider good?
newbie
Activity: 26
Merit: 0
Sounds like a project with lot of potentials but ill have to wait and see
because it reminds me the Quantum [QTM] where Ace and some other twitter celebrities was onboard but project failed hard
well best of luck to the team & the investors


I'd like to think I'm more then a twitter celebrity.
full member
Activity: 182
Merit: 100
Trader*Investor
Hard cap on the ico ?

also telegram invite not working
newbie
Activity: 28
Merit: 0
total suply one million coin
with target maximum in ico selling 1500 bitcoin, thi mean ico price 0.015bitcoin/coin
my statement is true or not

*if* the crowdfund were to reach the maximum cap of 1500 BTC (which includes both BTC + UBQ), then each token would have an estimated valuation of ~ 0.0015 BTC/APX. However, this is not accounting for various factors such as expenses, fluctuations across the market, etc.

Sorry, you are adding nothing of innovative value here. There are plenty of ICO review sites, Public Crypto Portfolios with good reputations (such as Blue Magic Capital), Will the mining operation even pay dividends to coin investors?

Looking at the roadmap, 15 btc to buy yourself some cool laptops and a few Trezors, 300 btc level commencing a crypto review platform.

You guys have a good reputation but this just seems very half-assed. I hope that you will be able to convince me otherwise in future developments.  Undecided

The APX Team will employ different strategies for its operations than others. We are merging all aspects of crypto to maximize efficiency of operations.
Profits from mining operations will be allocated towards buying back APX in a similar fashion to all other aspects of APX Venture's operations as noted in the first post.
We will complete the Crypto Review platform no matter what. However, we are just waiting until total funds amount to at least 300 BTC before commencing with the actual development of the platform.
It may seem 'half-assed' but the APX Team has a very clear vision for APX which we hope will be made clear in time.
Please join the slack or telegram, this should help clarify many things for you.
member
Activity: 82
Merit: 10
Sorry, you are adding nothing of innovative value here. There are plenty of ICO review sites, Public Crypto Portfolios with good reputations (such as Blue Magic Capital), Will the mining operation even pay dividends to coin investors?

Looking at the roadmap, 15 btc to buy yourself some cool laptops and a few Trezors, 300 btc level commencing a crypto review platform.

You guys have a good reputation but this just seems very half-assed. I hope that you will be able to convince me otherwise in future developments.  Undecided
hero member
Activity: 560
Merit: 500
Chainjoes.com
total suply one million coin
with target maximum in ico selling 1500 bitcoin, thi mean ico price 0.015bitcoin/coin
my statement is true or not
newbie
Activity: 28
Merit: 0
full member
Activity: 506
Merit: 101
1 & 0 😏
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