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Topic: [ANN] Biotron.io Announcement - Transparent personal data analytics platform - page 31. (Read 29547 times)

full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Where did you get this information? Because dev wrote several times that any unsold tokens will be added to the User acquisition pool.
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success

Nope, it was my suggestion.

If they did agree with it and i missed it, currently it is just a suggestion.
full member
Activity: 686
Merit: 100
I'm pretty sure they reported on burning 80% of unsold tokens, which would surely drive us to steady growth in value and encourage many to hold on for a while, primarily with the potential post-Ico success
full member
Activity: 462
Merit: 100

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.



Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.
The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.
Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?
I'm not sure about this action, I hope it doesn't have a bad impact on the price of the token.
sr. member
Activity: 658
Merit: 250

Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.
The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.
Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?
Im just thinking that it will be better if they put a fixed amount or percentage for the user acquisition pool and then burn the unsold tokens.
Crowdsale pool and airdrop pool should be separated.
legendary
Activity: 2058
Merit: 1166

Biotron's CEO reveals their roadmap for 2018. Initial Token Event starts in 6 days - register at www.biotron.io.



Can you tell us why youre not burning the not sold token? Its normally a better idea so you can raise the value of it.
The unsold tokens will be added to the user acquisition pool, which will be distributed among our app users to give further incentive to be a part of our project.

If you can be an application user and get tokens for free, then what profit will investors get if they buy tokens? What is the point of buying tokens?

This rule is unfair to investors.  I think the reward token should be the part of the original marketing plan.
burning the unsold token can protect the interests of investors.
Completely agree, unsold tokens can greatly reduce the price of the token. It would be fair to burn them, or divide them among investors. I hope the project team will be able to reconsider its decision.

This raises the question for me whether they have made clear before the ICO what's going to happen to unsold tokens? If they said they will be burned they have to do it. Or wasn't that up for debate all the time before the ICO concluded?
full member
Activity: 322
Merit: 103
Yes and they will fix an ETH/EUR ratio before the token sale. It's not confusing, many ICOs did that in the past (even SophiaTX iirc). You will have an advantage if ETH price go down during token sale, because you''l buy the same amount of tokens with less fiat
That's true, but it's more likely that the ETH price is now at one of its lowest points and it will probably increase in the next few weeks / months.
full member
Activity: 462
Merit: 100
The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.

An admin in their Telegram group already confirmed a while ago that there won't be a minimum contribution during the public-ITE. This huge barrier of minimum 200 ETH is only for their private-ITE round.

And its pretty common to have such a high minimum invest cause those private sales are for big investors
In the private sale there are usually high minimun requirements but for the ICO's those requirements go down a lot.
jr. member
Activity: 182
Merit: 1
The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.

An admin in their Telegram group already confirmed a while ago that there won't be a minimum contribution during the public-ITE. This huge barrier of minimum 200 ETH is only for their private-ITE round.

And its pretty common to have such a high minimum invest cause those private sales are for big investors
member
Activity: 532
Merit: 50
ONe Social Network.
Yes and they will fix an ETH/EUR ratio before the token sale. It's not confusing, many ICOs did that in the past (even SophiaTX iirc). You will have an advantage if ETH price go down during token sale, because you''l buy the same amount of tokens with less fiat
member
Activity: 476
Merit: 10
He said that it will be fixed so if during token sale ETH's price will go up you're going to get the same BTRN amount. Maybe you must prey that ETH will go down so you get the same amount of BTRN but cheap

In the Whitepaper the token price is in Euro Cent so this is confusing. The easiest solution would be to use the average ETH value in Euro at the day of the sale.
member
Activity: 532
Merit: 50
ONe Social Network.
He said that it will be fixed so if during token sale ETH's price will go up you're going to get the same BTRN amount. Maybe you must prey that ETH will go down so you get the same amount of BTRN but cheap
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
Data is a big thing and especially if they process them and sell them then it could be really lucrative, at least if Biotron has some good buyers.

Are there any companies who claimed that they are interested in buying these kind of data?
Yes, we have some partnerships already lined up, but unfortunatelly I can’t tell you anything closer right now. The information will be released as soon as possible though. It’s definitely going to be before the ITE, to help estimate the time.

You will announced this partnership before crowdsale? And what about ETH rate? Price will be fixed in euro during crowdsale?
Yes, it will be announced before the crowdsale, and the price is going to be fixed in euroes

But what about ETH rate to euro? It will be fixed during all crowdsale? Or will be change according market price?

Could you explain why it so important to fix the euro price? Am i missing something here?

I think ETH price will go up soon. So, may be will be more profitable to invest in last day, if ETH will grow.
sr. member
Activity: 1022
Merit: 252
The token sale will start soon. I’m impatiet to see how much biotron will raise, I think some people are interested by the project, especially in this period with all these private data, I think biotron can have a nice sucess.

They already raised a respectable amount of eth with a huge 200 eth limit.

It is a sure thing that they will raise a lot of money on public sale.

200 eth in these days isn't a lot

200 ETH is everything they raised or the investment limit for a individual investor?

if that's the maximum limit of 200 ETH it's pretty much even though it's now the ETH price is down
but it is also not easy to find individual investors who are ready to invest that much

i don't think so. if we can see how potential Biotron and devs can give a great proof, 200 ETH will easy to get

The current down trend makes people doubtful and it gives an impact to ICO's as I guess. Yes, I agree that biotron has a big potential but we can't ignore with the recent condition.
full member
Activity: 686
Merit: 101
The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.

An admin in their Telegram group already confirmed a while ago that there won't be a minimum contribution during the public-ITE. This huge barrier of minimum 200 ETH is only for their private-ITE round.
member
Activity: 490
Merit: 10
www.Zercados.com
The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.

Do you know what the minimum investment requirement will be? Usually it's pretty low, so everybody would have a chance to invest.
member
Activity: 476
Merit: 10
The main ICO round will not have this 200 ETH minimum requirement. I think this is pretty self-evident.
sr. member
Activity: 672
Merit: 261
The token sale will start soon. I’m impatiet to see how much biotron will raise, I think some people are interested by the project, especially in this period with all these private data, I think biotron can have a nice sucess.

They already raised a respectable amount of eth with a huge 200 eth limit.

It is a sure thing that they will raise a lot of money on public sale.

200 eth in these days isn't a lot

200 ETH is everything they raised or the investment limit for a individual investor?

if that's the maximum limit of 200 ETH it's pretty much even though it's now the ETH price is down
but it is also not easy to find individual investors who are ready to invest that much

200 eth is the minimum contribution limit for private sale round for per investor.

It is not a small amount even eth dropped. It is more than 100.000$

Considering 4000 ETH was raised until now(which mentioned in the biotron website) i think there are many people invested 200 ETH and more in Biotron.

200 per person or 200 as presale cap ?

I checked the Biotron website again and found the info below,

Exclusively for contributors with 200+ ETH.
4000 ETH already raised.

So min invest amount is 200 ETH per person as far as i understand.

I can't find such kind of information on the website, but opening a public sale with such high entry cost would be rather crazy IMHO. I think there's a misunderstand around...


It's private presale, not an ico. Most project has early investors. I think the info just got leaked
full member
Activity: 588
Merit: 100
The token sale will start soon. I’m impatiet to see how much biotron will raise, I think some people are interested by the project, especially in this period with all these private data, I think biotron can have a nice sucess.

They already raised a respectable amount of eth with a huge 200 eth limit.

It is a sure thing that they will raise a lot of money on public sale.

200 eth in these days isn't a lot

200 ETH is everything they raised or the investment limit for a individual investor?

if that's the maximum limit of 200 ETH it's pretty much even though it's now the ETH price is down
but it is also not easy to find individual investors who are ready to invest that much

200 eth is the minimum contribution limit for private sale round for per investor.

It is not a small amount even eth dropped. It is more than 100.000$

Considering 4000 ETH was raised until now(which mentioned in the biotron website) i think there are many people invested 200 ETH and more in Biotron.

200 per person or 200 as presale cap ?

I checked the Biotron website again and found the info below,

Exclusively for contributors with 200+ ETH.
4000 ETH already raised.

So min invest amount is 200 ETH per person as far as i understand.

I can't find such kind of information on the website, but opening a public sale with such high entry cost would be rather crazy IMHO. I think there's a misunderstand around...


I'm sure it's a presale not the ICO itself. that would be crazy.
legendary
Activity: 1162
Merit: 1011
The token sale will start soon. I’m impatiet to see how much biotron will raise, I think some people are interested by the project, especially in this period with all these private data, I think biotron can have a nice sucess.

They already raised a respectable amount of eth with a huge 200 eth limit.

It is a sure thing that they will raise a lot of money on public sale.

200 eth in these days isn't a lot

200 ETH is everything they raised or the investment limit for a individual investor?

if that's the maximum limit of 200 ETH it's pretty much even though it's now the ETH price is down
but it is also not easy to find individual investors who are ready to invest that much

200 eth is the minimum contribution limit for private sale round for per investor.

It is not a small amount even eth dropped. It is more than 100.000$

Considering 4000 ETH was raised until now(which mentioned in the biotron website) i think there are many people invested 200 ETH and more in Biotron.

200 per person or 200 as presale cap ?

I checked the Biotron website again and found the info below,

Exclusively for contributors with 200+ ETH.
4000 ETH already raised.

So min invest amount is 200 ETH per person as far as i understand.

I can't find such kind of information on the website, but opening a public sale with such high entry cost would be rather crazy IMHO. I think there's a misunderstand around...
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