Topic: [ANN] Blackmoon Crypto Platform for Tokenized Investment Fund - page 20. (Read 24833 times)

Hello,
accepted cryptocurrencies for BMC ICO contribution are BTC, ETH and LTC. They also accept fiat EUR in a pre-order.

Hi guys, what currency list you want to accept on the ICO?

I haven't find it in whitepaper, so gotta ask about BMC tokens. If you are not Continuous Contributor and don't want to hold tokens on deposit wallet, what will be usability of BMC on the platform? Will you be able to buy different funds' tokens for BMCs? Or will be there other purpose?

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could you please react to my pms?

An insight for our Japanese investors /followers #JapanICO :

http://cryptocurrencymagazine.com/blackmoon-crypto-bridges-real-world-and-crypto-world

Register to make a pre-order, make a contribution and receive a BONUS BTC 0,01. Ends on August 25th at 00:00 (UTC): https://blackmooncrypto.com/?platform=hootsuite

What is the Downside Protection?

Downside Protection allows token holders to sell their tokens back to Blackmoon Crypto if the price goes down. This protects contributors from potential dumps and decline in the price of BMC token. This offer is active for 24 months from the end of the token distribution period. The company will allocate 30% of the crowdsale as a reserve for this. Effectively it is a put option granted to the token holders by the company.

How does it work?

Blackmoon Crypto will put aside 30% of all funds raised in the crowdsale. These funds cannot be used for the next 24 months for any purpose other than the buy-back of BMC tokens. The buyback is set at 80% of the initial Distribution Rate.To put it simply, holders of BMC tokens, who are willing to sell their tokens in the next two years, could do so at $0.8 per token. Blackmoon Crypto will buy back these tokens using the reserve created after the crowdsale. All purchased BMC tokens, if any, become the property of the company.

In other words, should the price go down below $0.8, Blackmoon Crypto will step in to buy back the tokens at $0.8 from anyone willing to sell. This will protect investors from potential dumps in the market and also serves as our vote of confidence in our solution.

Transparency of the reserve

The reserve will be created from the proceeds of the crowdsale and stored in the diversified portfolio of major cryptocurrencies. The information on this portfolio will be publicly available on our website to provide investors up to date information on its value and structure.

The reserve will be held for 24 months. After that, the funds will be returned back to the company to fuel its development.

The defensive nature of the BMC token

BMC tokens receive proceeds from the funds that operate on the platform. Thanks to the wide variety of investment funds with different investment objectives on the platform, such proceeds will be highly diversified, since the funds will invest in both crypto and traditional assets. Because of this underlying value, BMC token is considered to be a defensive asset, resilient to the declines in the crypto market. Please, follow the link to our CEO’s article to get more color on that.

Source - https://goo.gl/heaWDW

Hell yeah.


Short answer - the second.

During 7 days after the end of the ICO (the earlier of October 11th or the date when the cap is reached), we will deploy the smart contract that will translate the balance of the proceeds from the crowd sale and translate it into BMC balance. So you get your BMC on rate fixed after ICO.

I guess for reserving your language's translations, you need to check blackmoon's bounty topic. I am not sure this is the right place to reserve such things.

Hi is Filipino translation already reserved? I would like to reserve if its not already. Thank you.

Hey dev, got a question about price of BMC. Tokens are pegged to USD (1BMC=$1 in pre-order) so when I transfer my BTC/ETH/LTC right now when the exchange rate is set? The moment I transfer coins or when the ICO starts?

 when will the first fund and trading go live?

Sorry but Spanish is already reserved. Please see the first thread comment. It is constantly updated.


Unfortunately, I can not disclose even such questions concerning safety. Believe me, we have a very strong and experienced team that has been working in the financial markets for several years. Therefore, we are able to protect our assets for sure.


Do you mean markets or exchanges? if markets, so world wide.


Already discussed it with you in Slack - https://blackmooncrypto.herokuapp.com


Our first fund on BMC Platform will be alive in 1Q 2018.

Is this an ERC20 token? Or a Waves token?

Can we store in My Ether Wallet?

Any plan to add it on the  market? 

Its good to see the steps you are undertaking to secure the ICO and the coin. How often is the website security tested? Was the WAF implemented based on your site?

I would like to reserve the Spanish translation, if there is a bounty program for them

Nice to see the team Branded with Blackmoon, with the logo on shirts, jackets and even laptop  I like this passion for the project, keep it moving.