[ANN] Biotron.io Announcement - Transparent personal data analytics platform - page 97.

Biotron.io

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Activity: 168

Merit: 3

welcome to my world

Quote from: belechau on March 01, 2018, 06:59:30 PM

Quote from: neolinkhati on March 01, 2018, 06:31:50 PM

Biotron: Biotron: Control And Monetize the Data You Create!

Thanks for the material, I hope for more expansive material on Biotron enlightening and very good for the Project Marketing. But I still wonder about the difficulties of elaborating your own chain to carry out your activity, this requires a complete and open Team, in addition to a very elaborate and great script. Is there an exact amount of Members on the Team currently?

Currently our Team has 21 Members.

beeelzebub

full member

Activity: 602

Merit: 101

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: Biotron.io on March 02, 2018, 08:36:26 AM

Quote from: king_of_alts on March 02, 2018, 07:06:31 AM

Is there a soft cap or will you be able to continue regardless of the outcome of the sale due to the seed funding?

We don't have soft cap. Regarding hard cap, it depends on the ITE day. During the ITE, 350 000 000 BTRN will be distributed. The lowest value is 0.10€ and the highest value is 0.18€

My guess is you won't have any problems about funding regardless of that if you raise very little, do you have enough money to continue to project?

Biotron.io

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Activity: 168

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welcome to my world

Quote from: PS92 on March 01, 2018, 06:25:51 PM

Quote from: Biotron.io on March 01, 2018, 04:18:08 PM

Quote from: bitcoinbulk on March 01, 2018, 08:28:52 AM

I skimmed through the whitepaper and this looks like a rather interesting idea! One thing I can't figure out yet...how does holding the token benefit said token holder? Or what are the tokens used for? I look forward to your response!

Hi Bitcoinbulk,

Our token, BTRN, is a utility token and will be used to transfer the value of your data and control trust, transparency, and accuracy, across Biotron.io.

According to SEC there are no utility tokens. Will you guys sell to US?

Geographically, the biggest markets for analytics of personal data are the US and Western Europe. Being based within European Union, Biotron focuses first on the UK, France and Germany. The US will be targeted once a solid basis has been settled.

Biotron.io

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Activity: 168

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welcome to my world

Quote from: alexandrofff on March 03, 2018, 05:11:45 AM

Quote from: Biotron.io on March 03, 2018, 04:59:41 AM

Quote from: Korsakopf on March 01, 2018, 05:52:38 PM

Hi guys, quick question. Will the token metrics (bonuses) and amount raised from the private ITE also be disclosed before the start of the public ITE?

Yes, all info will be transparently shared with our community

Does Biotron have any referral program?

We currently do not support airdrop/bounty program. But stay tuned, we might support it in the future as well we will have a referral program for Biotron user acquisition campaign

alexandrofff

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Activity: 126

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Quote from: Biotron.io on March 03, 2018, 04:59:41 AM

Quote from: Korsakopf on March 01, 2018, 05:52:38 PM

Hi guys, quick question. Will the token metrics (bonuses) and amount raised from the private ITE also be disclosed before the start of the public ITE?

Yes, all info will be transparently shared with our community

Does Biotron have any referral program?

Biotron.io

jr. member

Activity: 168

Merit: 3

welcome to my world

Quote from: Korsakopf on March 01, 2018, 05:52:38 PM

Hi guys, quick question. Will the token metrics (bonuses) and amount raised from the private ITE also be disclosed before the start of the public ITE?

Yes, all info will be transparently shared with our community

wissy

full member

Activity: 658

Merit: 102

Quote from: crazyfrog01 on March 02, 2018, 09:50:28 PM

Quote from: Biotron.io on March 02, 2018, 08:36:26 AM

Quote from: king_of_alts on March 02, 2018, 07:06:31 AM

Is there a soft cap or will you be able to continue regardless of the outcome of the sale due to the seed funding?

We don't have soft cap. Regarding hard cap, it depends on the ITE day. During the ITE, 350 000 000 BTRN will be distributed. The lowest value is 0.10€ and the highest value is 0.18€

Let's assume you guys just get around 500,000$, you still will go on with the project in the way you stated? I think it is much saver and brings in much more trust if there is a soft cap.

I'm more interested in project development scenarios where they raise less than 500k, because I think that in current market conditions they are more realistic. Are such scenarios in the whitepaper?

Biotron.io

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Activity: 168

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welcome to my world

Quote from: ImTotya on March 01, 2018, 04:05:01 PM

Quote from: aveon on March 01, 2018, 02:32:01 PM

The first time I have seen the blockchain implemented into databases and data storage as a prime goal. As for me, this usage is the most effective use of blockchain technology as the latter itself is a database

I will ask perhaps the most relevant question for this project! How to control the safety and security of the data to be stored on the platform?

Our plan is to store data in house (cloud providers) so it will comply with regulations. We will use standard methods ( encryption, access control, ..) to limit its exposure. We won’t store data on blockchain or off-chain solutions (like IPFS) where you can’t control where the data is located.

Biotron.io

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Quote from: viljy on March 01, 2018, 03:57:29 PM

25% all BTRN tokens will be allocated for user acquisition activities, business development, and market expansion.

If not all the ERC-20 based BTRN are generated during the ITE, the remaining tokens will be allocated to the user acquisition pool.

How exactly will this be done? I'm wondering if you plan airdrop to attract users? This would be very displeasing to investors. Or maybe there will be a bounty company?

We plan to have strong referral program during user acquisition campaign. Stay tuned for more info.

Biotron.io

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Activity: 168

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Quote from: haxllega on March 01, 2018, 03:56:25 PM

Quote from: viljy on March 01, 2018, 03:33:20 PM

You will store the data separately from the blockchain. In your blockchain should be carried out smart contracts. In whitepaper, the advantages and disadvantages of different types are described, but I still did not understand what type of blockchain you chose to implement?

(in case we decide to build our own blockchain/ledger)
What does this note mean on page 33? The fact that perhaps you will stay on the blockchain of Ethereum?

Most projects will stay on the etherium platform and etherium will be improved a lot in the future. New blockchains will have a tough start.

Thanks for feedback.

CryptoCutie

full member

Activity: 238

Merit: 131

what does this project have to do with Sophia? this Project reminds me much more of "datum".

martinholly167

sr. member

Activity: 658

Merit: 250

Quote from: viljy on March 03, 2018, 04:30:01 AM

Quote from: magisterr on March 02, 2018, 10:13:51 PM

What this mean “User Acquisition” token pool? How this pool will be used? This will be airdrops for tokens holders or...?

No. This is different. Among investors, these unsold tokens will not be distributed. This is the difference from Sophia. I already asked the same question, although they did not answer it. At the moment, the following conclusions can be drawn from the developers' answers and from whitepaper:
They did not decide whether they will have their own blockchain or they will work on the Ethereum blockchain. I think that there will be a second option, since this is simpler.
The bounty decision has not yet been made, so this "User Acquisition", which is 25%, can be used for bounty or even for airdrop. Since this is the only way to acquire users and expand the client base. Given that all unsold tokens will be shipped there, it will be a very large volume, much more than 25%.

So surely there will be bounty or airdrop? 25% is very big.

Biotron.io

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welcome to my world

Token allocation graph

viljy

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Activity: 1736

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Quote from: magisterr on March 02, 2018, 10:13:51 PM

Quote from: Biotron.io on March 02, 2018, 10:29:28 AM

Quote from: magisterr on March 02, 2018, 09:37:16 AM

Quote from: Biotron.io on March 02, 2018, 08:36:26 AM

Quote from: king_of_alts on March 02, 2018, 07:06:31 AM

Is there a soft cap or will you be able to continue regardless of the outcome of the sale due to the seed funding?

We don't have soft cap. Regarding hard cap, it depends on the ITE day. During the ITE, 350 000 000 BTRN will be distributed. The lowest value is 0.10€ and the highest value is 0.18€

So the hard cap will be around ~50 mln euro, but without soft cap? What will be with unsold tokens?

Any tokens that were reserved for the ITE and Private ITE Bonus, but aren’t undistributed, will be allocated into the “User Acquisition” token pool.

What this mean “User Acquisition” token pool? How this pool will be used? This will be airdrops for tokens holders or...?

No. This is different. Among investors, these unsold tokens will not be distributed. This is the difference from Sophia. I already asked the same question, although they did not answer it. At the moment, the following conclusions can be drawn from the developers' answers and from whitepaper:
They did not decide whether they will have their own blockchain or they will work on the Ethereum blockchain. I think that there will be a second option, since this is simpler.
The bounty decision has not yet been made, so this "User Acquisition", which is 25%, can be used for bounty or even for airdrop. Since this is the only way to acquire users and expand the client base. Given that all unsold tokens will be shipped there, it will be a very large volume, much more than 25%.

crazyfrog01

member

Activity: 308

Merit: 12

Quote from: saintkamei on March 03, 2018, 03:29:33 AM

Quote from: beeelzebub on March 03, 2018, 02:35:49 AM

About no bounty decision of the team i am supporting %100.

Most of the bounties are overpaid and without reason. I only invest projects with no bounties. If they tell themselves without bounties it is the best for investors.

I get where you are coming from. But bounties are a great way to connect to the blockchain community who may not naturally be pulled in by ads. I think it is better than placing an ad or paying people to write an article at Forbes. If they are not doing bounties, it means they have deep pockets. That might be a good reason to invest in. Perhaps, that would justify you investing only in programs with no bounties.

I agree, bounties are often better then payed ads and involves the community. You build up a community with it, you give them already something for their work and not everyone of them will dump their coins, even if some of them for sure.

But I also agree that most projects doing too many bounties. A lot are doing bounties for every social media channel out there, still struggle to get enough investments while others with not much sold out in some hours.

rjp55

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Activity: 798

Merit: 250

CurioInvest [IEO Live]

Quote from: loup on March 02, 2018, 05:29:48 PM

Quote from: ParRus on March 02, 2018, 05:06:37 PM

Quote from: cmg12 on March 02, 2018, 04:36:48 PM

Quote from: Korsakopf on March 02, 2018, 03:24:17 PM

Quote from: BY_ATOM on March 02, 2018, 02:49:55 PM

It is a pity that the project has no bounty, of the company((( I have participated in this project!

It's still early in the project and i wouldn't be surprised if they have some kinda of bounty project later on. If you look at the budget, 7% will be used on marketing. And as you can see in the thread, a lot of people are looking for a bounty on this project

There were many successful projects which didn't have any bounty and conducted successfull ico

Maybe project team will create at least any airdrop? - it can helped to make the project more popular in short time and expand community in telegram channel.

I think that a bounty is not a must for the success of the ICO but it helps. A 7% is not a big amount for marketing, so they must adjust it well to be successful.

I think they will use some portion of that budget as bounty, such as translation into different languages and also an exclusive signature campaign for high ranking members of this forum.

saintkamei

member

Activity: 210

Merit: 10

Quote from: beeelzebub on March 03, 2018, 02:35:49 AM

About no bounty decision of the team i am supporting %100.

Most of the bounties are overpaid and without reason. I only invest projects with no bounties. If they tell themselves without bounties it is the best for investors.

I get where you are coming from. But bounties are a great way to connect to the blockchain community who may not naturally be pulled in by ads. I think it is better than placing an ad or paying people to write an article at Forbes. If they are not doing bounties, it means they have deep pockets. That might be a good reason to invest in. Perhaps, that would justify you investing only in programs with no bounties.

CryptoCutie

full member

Activity: 238

Merit: 131

Through incentives and the collection of passive and passive energy.
personal data directly from the source, Biotron collects the most unique data ever.

That sounds interesting, what kind of excitement will that be?

the_donald

full member

Activity: 588

Merit: 100

Quote from: beeelzebub on March 03, 2018, 02:35:49 AM

About no bounty decision of the team i am supporting %100.

Most of the bounties are overpaid and without reason. I only invest projects with no bounties. If they tell themselves without bounties it is the best for investors.

bounties are a great way to draw attention to your project man. it promotes it to the general public.

beeelzebub

full member

Activity: 602

Merit: 101

Bcnex - The Ultimate Blockchain Trading Platform

About no bounty decision of the team i am supporting %100.

Most of the bounties are overpaid and without reason. I only invest projects with no bounties. If they tell themselves without bounties it is the best for investors.

Topic: [ANN] Biotron.io Announcement - Transparent personal data analytics platform - page 97. (Read 29547 times)