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Topic: [ANN] Astronaut (ASTRO) Token Sale. One Token To Rule Them All. - page 5. (Read 8118 times)

full member
Activity: 350
Merit: 100
I read the project you are doing and it is very good. your team is competent and has excellent character in your project. but unfortunately your project is not in bounty campaign. if there is surely I will follow your bounty.
newbie
Activity: 10
Merit: 0
Still looking for updates on the following....


1. Exchange's and when they will be listed/publicly tradeable

2. Dividends info

3. access to alpha program for token holders
member
Activity: 96
Merit: 11
Cryptologist
I stumbled on this, having some investment knowledge on the open market I understand the value of good information to investors, if I understand this coin's vision is to supply this information to those that is willing to pay for it.

This, good information, is priceless. - That is my understanding, I'm I correct?

I'll appreciate good information from the forum. (lol)

May all your future investments exceed your wildest dreams. 
sr. member
Activity: 644
Merit: 272

I was interested in your project. Tell me about the expected bounty program? I would gladly be engaged in translation, twitter, signature, and more. If you do not complicate inform me in PM.
sr. member
Activity: 462
Merit: 281
dApps Development Automation Platform
just for help update img. I came here through Cointele

Astronaut will be testing its first version of the its Web Portal with token holders over the next few weeks

newbie
Activity: 10
Merit: 0
Where is the update you promised about exchanges? Whats going on with exchanges?
newbie
Activity: 39
Merit: 0
New Research report released on Etherparty (FUEL)

https://picoloresearch.com/29/etherparty-fuel
full member
Activity: 378
Merit: 104
I think it's great that there isn't a bounty in this ico.
member
Activity: 124
Merit: 10
unfortunately for this ico without any bounty, there may be airdrop later for we can get coins from this project. good luck though there is no gift that helps make the promotion attract investors.
newbie
Activity: 39
Merit: 0
Astronaut will be testing its first version of the its Web Portal with token holders over the next few weeks

sr. member
Activity: 561
Merit: 250
It looks like an interesting project. Looking forward for the success of this project. I will keep an eye on this for now and maybe i will invest in the future
full member
Activity: 294
Merit: 105
full member
Activity: 574
Merit: 100
Hello, I want to do urdu translations.
newbie
Activity: 39
Merit: 0
Thanks for the questions:

1. Expected return and size

Total investment will depends on the amount raised for the crowdsale. For example, if the end amount raised is closer to $15m, position sizing operating costs and everything will be scaled down almost proportionally. The rest of the tokens are burned. Our expectation is to outperform the market significantly. If you look at the returns of some other listed vehicles such as TaaS, market cap has almost tripled in that time with decent performance. Based on our analysis of market return and previous strategy, we are aiming for high ROI even in the first quarter. As you said, the more raised the better.

2. Dividends and exchange

We are currently also looking at a process for DRP, as some token holders are expressing their want to reinvest the total amount. This is understandable and we are hoping to come up with a flexible solution. The listing on exchanges is actually a technical barrier to do with dividend distribution as well. We are currently finalising discussions with a number of exchanges and hoping to release an announcement this week. It is simply a matter of which are the most flexible for ETH contributions to be made every quarter.

3.  Picolo and Spec Buy

Great question.  Spec Buy represents a lower exposure opportunity where conviction isnt 100%, however the rewards outweigh the risks for a short/medium term buy. Simply put, this affects position sizing and length of 'hold.' Astronaut holders will find that the reports released after the token sale (exclusive to them) will be quite a bit different, specifically noting the rationale behind the amount of funds placed, sizing and detailed stop loss.

4. Investment strategy

This is a question we could answer in about 15 pages Smiley  Ultimately it comes down to the following:

a) protecting risk. when a position pops in the market and significant capital gains are had, we implement a Stop Loss strategy to cash out of any existing risk therefore making it a free trade. This protects downside risk and keep long exposure.

b) continuing to scale out of volatile tokens (if short term). This comes down to raising stop loss and exit points as we see market sentiment turn adn volatility increase (or volume decrease)

c) position on the token. The above really depends on whether or not a long or short term view is made (which token holders will be advised). High conviction buys will generally be a longer term opportunity that we forecast significant +1000% growth. This means a different risk and holding strategy. The short term component employs a more active approach.

I hope this answers some of your questions - if it hasn't just let me know Smiley

newbie
Activity: 4
Merit: 0
I'm curious about a few things and I'm hoping the Astro rep will be able to answer.

1. Will the total investment be based on the amount raised in the crowdsale? It goes without saying that the more invested the bigger the potential profits for dividends so if only a small amount is invested then the dividends may not be that significant and hence not worth the investment. That being said is there a minimum goal you're going for? I realize it may be difficult, but is it also possible to give an estimate of projected range on the return per coin in different scenarios (i.e. fund does very well, fund does ok, fund does poorly)? Even if you just used fake placeholder numbers, it would allow people to see what kind of benefit they'd be getting based on their investment.  

2. I believe on the reasons exchanges like Bittrex haven't added anything in over a month is because of the SEC ruling on securities and since this seems to be a security as well, are there any safeguards to ensure it doesn't change over time. I was looking to invest in ETHBET which is basically the same as ETHROLL, both of which pay dividends from the gambling profits of the platform, but prior to the crowdsale ETHBET completely dropped the dividends portion so it makes the coin much less attractive. I believe in the ASTRO whitepaper it was stated that it will be added to Poloniex shortly after the crowdsale finishes so is there any sort of deal in the works with that since it seems very difficult to get added to anything other than Etherdelta and HitBtc these days and it will affect the coin's value tremendously.

3. I'm a big fan of the reports written by Piccolo research as they are well thought out and logically sound, but I do wonder if coins rated under "spec buy" will be invested in. I'm assuming the fund will stay clear of "avoid" and I think it's safe to say ones with "buy" ratings will be including, but almost all of the coins are given "spec buy" which has seen mixed results. For instance, Trueflip is one of the coins rated "spec buy" but it is currently about 20% under ICO price and Dao.Casino is also another spec buy coin that hasn't been performing too well either. If the fund is filled with most "spec buy" coins then I feel like it will hamper success seeing as spec buy is almost akin to 50/50 in regards to success. In contrast, the only coin under buy, 0x, went 10x until it settled down to around 4x (Chainlink, the other buy coin is too new to judge) so whether the fund will be mainly comprised of coins rated under "buy" or "spec" will make a huge difference.

4. This might be written in the whitepaper and I missed it, but is the strategy of the fund to buy at ICO and then hold and cash out at a certain multiplier (i.e. 5x or 10x), or just hold indefinitely, or flip for the short term. I saw something about short term and long term investments but I wasn't able to find any specifics on when the value from investing in the coin would be realized. For example, if the fund bought DNT at ICO, when would the profits from DNT be allocated to the fund because at one point it was 10x, but it has fallen down to 3x, so depending on the date when you sold or realized profits there a discrepancy which would greatly affect the dividends.    

Thanks.
newbie
Activity: 39
Merit: 0
Yes you can deposit ETH via an exchange. Orderbook allows any wallet or any exchange for the transfer.
newbie
Activity: 42
Merit: 0
And proportional distribution absolutely fair for all.
full member
Activity: 378
Merit: 104
Is this not an erc20 token? I'm thinking about investing and it looks like I can invest my eth from my exchange but I want to make sure first.
legendary
Activity: 1750
Merit: 1004
Platform is looking attractive and previous work of the team is very impressive it seems some professional people involve into this project. So I will keep this on my radar because it has nice chance of growth.
newbie
Activity: 39
Merit: 0
Thanks See Jack.

Keeping in mind that we also have a number of operational staff. What we have listed thus far are the integral members. In managing a platform such as this and a 'close-ended' structure, it means that there is no requirement for marketing, ongoing development etc.

When it comes down to it, it is a smaller component of technology mixed with analysts and operational staff.
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