Topic: [ANN] CIF Blockchain | Launchpad | Education | cryptoimprovementfund.io - page 29. (Read 28179 times)

To answer your final question there will only be 200M sold - the VC funding is for actual equity in the company. The only coins that will be available for any equity investors are the 10m set aside for the team however that's up for negotiation and will be divided internally.

Thank you CIF Team for the reply.

Just to make sure: the supply will be 200 mil out of 500 million? Or will there be more supply because of VC funding?

Maybe this question is somewhere in the documents, but I will read pitch deck and business plan as soon as I got back from work and there is less time left to invest in ico phase 2.

Thanks!

Proxik

Thanks @CIF for that - the roadshow sounds good, taking in London by any chance?! Seriously though when I saw the announcement I went straight to google and he sure has fingers in pies, a good man to have on board by all accounts and this award just reaffirms it! I see he has a habit of literally striking gold so fingers crossed that his association with $CIF is as fruitful!

The VC contingent who are circling $CIF really give another pillar of strength and statement of intent. If I understand correctly, their involvement alone could make $CIF one of the most successful ICOs in recent times. I dont have any concerns on their impact on the $CIF distributed either. If you had gone to exchanges after Round 1 per the plan, and the perception was that whales were coming in and scooping up the lot it would be far more precarious. This way when you go to the exchange youll have completed the ICO phases AND taken on some real corporate weight and that can only give you great momentum going forwards, not to mention the doors that people like Mr Parnham will open. If I wasnt already stoked with my investment I am even more so now!

Hi Proxik - great questions - let me provide some insight.

Q1: How much is raised in the first phase of the ICO?

2.95138071 BTC was raised - 29513.44 USD - 38200.32 CAD 8:04 EST 29/11/2017

Q2: In this forum there has been spoken by the CIF team about VC funding, but there is nothing about it in the whitepaper? Where do the tokens come from which they are buying?

So the VC funding came into play when we realized the opportunity that presented itself in the public markets - working with Duane and Joseph we are extremely close to a deal with will see a significant amount of capital raised and a public listing on the TSXV. This came into play post whitepaper and is more properly represented in the pitch deck and business plan - as seen on https://www.cryptoimprovementfund.io/investors/

Q3: In the whitepaper you can read that the CIf token will be tradable after the first ICO phase, since the first ICO phase is over, why is there no exchange listing yet?
Due to the sentiment relayed by the community that it would be a bad idea to list CIF before the ICO was complete - we chose to hold off. However the Escrow agreement does dictate that we must list before any of the raised funds are released from the multisig wallet so buyers still have that protection in place. We didn't want what was happening to several other coins that listed pre-ico completion, to occur.

One thing that is a sign of a strong business is the ability to adapt and change. I can say with confidence that no successful business is 100% to the tune of what they initially drafted on paper x years ago. Very appreciative that you took the time to read through the whitepaper - if you read through our website and our medium where we post alot of activity - our path will make more sense and you'll see where we've started and where we hope we'll end up!

Thanks again for the thoughtful question.

CIF

I think this project is interesting but I have some questions before investing. It would be nice if the CIf team can answer my questions.

Q1: How much is raised in the first phase of the ICO?

Q2: In this forum there has been spoken by the CIF team about VC funding, but there is nothing about it in the whitepaper? Where do the tokens come from which they are buying?

Q3: In the whitepaper you can read that the CIf token will be tradable after the first ICO phase, since the first ICO phase is over, why is there no exchange listing yet?

 
Thanks in advance,

Proxik

Well i am looking forward to the news!

That's a great result - and this chap is part of the $CIF board? The more we see the more I am convinced that $CIF is doing things the right way.

Do you think there is any chance of a kind of interview with some of the players at $CIF on things like what got them into crypto, why $CIF and what do they see in the near, middle and long term for the company (except what is on the roadmap of course!  ).

hi
wish exchanges sites CIF WILL BE WITH  ? 

That can only happen if you've put it in the wrong folder. In explorer, in the address bar, type:
%AppData%\Cryptoimprovementfund

In THAT folder you need to place your wallet.dat backup. After that, you're done. I can't see where else it'd fail. Even a corrupted wallet would give an error of some sorts. Also see: https://bitcointalksearch.org/topic/m.24834493 ?

Let us know please!

Thanks,

Devvie

Team,

I'm trying to move my CIF wallet from one machine to another.  Thought it was simply backing up the cif-wallet.dat and copying to a new machine with the exe and launching.  It's not finding my CIF on the new machine, any ideas what I'm missing??

Thanks in advance!

Duane Parnham, Board Member of $CIF - just won the Premiere's Business Award for generating hundreds of jobs and over 1.2B in shareholder revenue.
http://bit.ly/2BkwnjU

Glad to have him on our team! Congrats Duane!
https://www.cryptoimprovementfund.io/team/

It's preferred you that you purchase from a wallet you control specifically for this reason. I'm not sure what information coinbase gives you - please PM for this one so we can troubleshoot.

Scott, I got this question through DM:

I wish I could figure it out as well - I think that people enjoy bounty hunting! We have a few thousand participants in our bounty campaign but as to the reason why it's more popular than our ANN, I don't think anyone over here understands it either.

Really appreciate it PD - you have to take these things into consideration when dealing with payments/ currency/ merchants/ regulatory bodies. These are the basics.

I could not for the life of me figure out why the bounty campaign thread is bigger than this one can anybody explain? I ended up joining the campaign and I must say it coming to this thread and seeing a professional post &

undertaking such as this is quite great. Good to see this project being serious I am happy to support these kind of projects

In terms of AML and KYC this stuff is critical to engage in business, and I know about clearing companies from all parts of the world and if they dont have the paperwork to satisfy counter party due diligence you simply can't do business.

This is just another example of the transparency and proof of - if it were needed - legitimacy in $CIF. This should be applauded, I don't see many other ICOs with this kind of structure behind them.

The actual corporate entity is 10508152 Canada Inc., the operating name is CIF Ltd. the operating name has no legal implication besides preference. The actual entity we have to conduct business with is 10508152 Canada Inc. We’ll probably change the legal Inc. name once future transactions are finalized (IPO,RTO etc.) . Since there’s a foreseeable shift from a private to a public entity in the near future — there’s no need to register the name CIF Ltd. legally. Also — CIF Ltd. was the first business name registration initially filed in Ontario. For the time being, we’re keeping this operating name for continuity.

I'm a newbie, for sure

Isn’t an LTD. already a license to conduct business? What’s the difference?