[ANN] CRYPTOGENE | Blockchain solutions for Africa [ICO 24 Sep 2017] - page 17.

Sirjamesadeiza

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Quote from: Kingxy on October 03, 2017, 04:41:45 PM

Quote from: enigmatical on October 03, 2017, 12:54:44 PM

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

I have read the white paper of these project a number of times now due to my level of activity in its community and I have been seeing this part " we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. " So quick question..... I want to ask what exactly means when we say rum smart contract on Etherium?

Smart Contract Example. Here is the code for a basic smart contract that was written on the Ethereum blockchain. Contracts can be encoded on any blockchain, but Ethereum is mostly used since it gives unlimited processing capability.

Memoransom

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Activity: 154

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Quote from: Kingxy on October 03, 2017, 04:41:45 PM

Quote from: enigmatical on October 03, 2017, 12:54:44 PM

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

I have read the white paper of these project a number of times now due to my level of activity in its community and I have been seeing this part " we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. " So quick question..... I want to ask what exactly means when we say rum smart contract on Etherium?

Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.
Bitcoin lacks this quality, it was however added on the etheruem platform.
Take for example you want to buy a house, you can probably do that without even knowing the seller, all you need to do is to pay with crypto, the receipt or anything that determines ownership of what you are purchasing will be released to you, everything is programmed with some kind of codes.
Now after the ICO, CGT smart contracts will gradually move over to the etheruem platform, our app, wallet etc, will run on etheruem platform, which will enable you use CGT for smart comtract transactions.

Jameseversmile

member

Activity: 84

Merit: 10

Quote from: Kingxy on October 03, 2017, 04:41:45 PM

Quote from: enigmatical on October 03, 2017, 12:54:44 PM

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

I have read the white paper of these project a number of times now due to my level of activity in its community and I have been seeing this part " we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. " So quick question..... I want to ask what exactly means when we say rum smart contract on Etherium?

This is detailed explanation. How can I ever think of dumping my cgt if they are really planning to have a Blockchain. I will buy more, this is an eye opener. Weldon Cryptogene

Kingxy

member

Activity: 160

Merit: 10

Quote from: enigmatical on October 03, 2017, 12:54:44 PM

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

I have read the white paper of these project a number of times now due to my level of activity in its community and I have been seeing this part " we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. " So quick question..... I want to ask what exactly means when we say rum smart contract on Etherium?

Memoransom

full member

Activity: 154

Merit: 100

Quote from: enigmatical on October 03, 2017, 12:54:44 PM

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

To add to this, waves platform has a thriving community.
Waves has a large and active community that includes entrepreneurs, businesses and service providers, investors, developers, marketing and social media experts, holders, traders, and more — all of whom want to see the platform succeed.

enigmatical

sr. member

Activity: 588

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Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Yes we decided to actually run token sale on Waves platform, and run smart contract on Ethereum for obvious reasons. Waves is designed from the ground up for business use and mass consumer adoption. It’s a fast, scalable platform that prioritises the user and provides powerful tools for developers.Creating, distributing and dealing with tokens is incredibly straightforward. It takes less than a minute to launch your blockchain token, and there are tools that allow you to send them to investors with an absolute minimum of fuss. And of course it has a user-friendly interface.
Having conducted a lot of research, Cryptogene came to the conclusion to build its own blockchain using an already existing blockchain like Ethereum as a guide. However, Cryptogene would be utilizing a dual blockchain technology otherwise known as BLOCKSWAP for its crowdsale. The blockchains Waves and Ethereum would pave way to access the advantages of both blockchains, while we develop our blockchain (Tailored specifically to the needs of the African continent) on the long run. This blockchain would be launched with SILK.

Memoransom

full member

Activity: 154

Merit: 100

Quote from: Kingxy on October 03, 2017, 11:48:13 AM

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

The Cryptogene Team want the best for the our community, hosting ICO's on waves platform is easy, straightforward and has proven to be the best so far.
The waves platform provides powerful tools for the developers, the wallet is user-friendly, it has a built in exchange, it also has multiple currency gateways, etc.

Kingxy

member

Activity: 160

Merit: 10

But was there any particular reason why the Cryptogene team decided to make the cgt token based on waves platform? Not that o don't like it or have anything with it am just curious. Because over time I seem to have noticed that a number of tokens are also based on the waves platform

Memoransom

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Activity: 154

Merit: 100

Quote from: Kingxy on October 03, 2017, 09:05:49 AM

With my little experience in Cryptocurrency so far I have come to learn that the community behind any Cryptocurrency plus a great role in the constant price stability and growth of any token take for example the community behind dash, bts, pivx even steem this usually enhances longevity of the project I see cgt becoming like that. I hated myself for not getting Etherium when it was below $10..... Try not to make my mistake

Yes you are very correct, is not just about developing a cryptocurrency, is about backing it up and looking for various avenues to make it boom and that is what the cryptogene team are trying to do with the various base platforms being put in place.

enigmatical

sr. member

Activity: 588

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Quote from: mexi.db on October 03, 2017, 06:44:54 AM

Quote from: Memoransom on October 02, 2017, 04:34:05 AM

Quote from: mexi.db on October 02, 2017, 04:05:14 AM

Hi. Apart from the core team, I would like to know if the project has any advisors?

Can you be a little bit specific with your question, when you are talking about advisers, are you referring to paying to get advise, or are you referring to partnership with other project, websites, organizations, etc or are you referring to being humble enough to accept good suggestions from the public?

I think you understand clearly what I mean. In a lot of projects there are, usually, more experienced members of the crypto-community or particular industry who serve in an advisory role to the teams. I'm asking about those advisors.

This is so because we don't believe that an advisory board is what we need to execute a successful project. Most times, they are only used as a figure-head to hype projects and contribute little or nothing to the implementation of such projects. Most ICOs use advisors as a strategy to rake in funds for it's tokensale and that's it nothing more.

Memoransom

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Activity: 154

Merit: 100

Quote from: ealarry on October 03, 2017, 08:22:49 AM

Is there anyone who can make these things plain? I want to be a devout follower, but I can't understand your documents. Value investing is the right way, not speculation

In plain terms, Cryptogene is a community of amazing people trying to provide blockchain solutions especially in Africa. I don't know if you have noticed Africa is far behind the rest of the world when it comes to blockchain technology.

Cryptogene aims at multi-platform hub which will be tokenized to elicit commitment and keep interest alive among users. The Cryptogene Token, CGT will be the base currency.

Cyptogene Token is the first of its kind. The token will exist on both the ethereum and waves platforms. While the smart contracts will be run on the ethereum blockchain.

You can make things easy for us by asking questions in areas you don't understand so that we can know how to be of assistance

Kingxy

member

Activity: 160

Merit: 10

With my little experience in Cryptocurrency so far I have come to learn that the community behind any Cryptocurrency plus a great role in the constant price stability and growth of any token take for example the community behind dash, bts, pivx even steem this usually enhances longevity of the project I see cgt becoming like that. I hated myself for not getting Etherium when it was below $10..... Try not to make my mistake

Memoransom

full member

Activity: 154

Merit: 100

Quote from: mexi.db on October 03, 2017, 06:44:54 AM

Quote from: Memoransom on October 02, 2017, 04:34:05 AM

Quote from: mexi.db on October 02, 2017, 04:05:14 AM

Hi. Apart from the core team, I would like to know if the project has any advisors?

Can you be a little bit specific with your question, when you are talking about advisers, are you referring to paying to get advise, or are you referring to partnership with other project, websites, organizations, etc or are you referring to being humble enough to accept good suggestions from the public?

I think you understand clearly what I mean. In a lot of projects there are, usually, more experienced members of the crypto-community or particular industry who serve in an advisory role to the teams. I'm asking about those advisors.

The Cryptogene Team are made up of people with great caliber, people with a lot of experience on Cryptocurrency and blockchain technology, everyone within the team is assigned to one work or the other of which advsing should be one of them. If you look at the road mad and the team has achieved so far, you will see the truth in what am saying.
The team has also partnered with Qchain, the reason for a partnership is to work together, share ideas, seek for advise, etc.
The team are also open for suggestions if you have any.

ealarry

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Activity: 195

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Is there anyone who can make these things plain? I want to be a devout follower, but I can't understand your documents. Value investing is the right way, not speculation

Memoransom

full member

Activity: 154

Merit: 100

Quote from: mexi.db on October 03, 2017, 06:40:49 AM

Quote from: Kingxy on October 02, 2017, 05:05:42 AM

Quote from: mexi.db on October 02, 2017, 04:05:14 AM

Hi. Apart from the core team, I would like to know if the project has any advisors?

Firstly I think you should be part of the telegram group on Cryptogene if you are not maybe then we could help you with the link because on the telegram platform you can contact any of the dev team members. And then you can ask your questions,meanwhile I don't think there is any enquiry you would want to make that able hands here cannot handle so feel free to ask.

I thought this forum was also to engage in discussions about the project and get answers to questions? r devs not active here?

Am not quite sure, the core developers are very very busy with the project, but am quite sure a lot of people here can assist you with any question you have, most of us participated during the pre - ico. What i mean is this, the are not always available but the are not anonymous either.

mexi.db

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Activity: 532

Merit: 102

Quote from: Memoransom on October 02, 2017, 04:34:05 AM

Quote from: mexi.db on October 02, 2017, 04:05:14 AM

Hi. Apart from the core team, I would like to know if the project has any advisors?

Can you be a little bit specific with your question, when you are talking about advisers, are you referring to paying to get advise, or are you referring to partnership with other project, websites, organizations, etc or are you referring to being humble enough to accept good suggestions from the public?

I think you understand clearly what I mean. In a lot of projects there are, usually, more experienced members of the crypto-community or particular industry who serve in an advisory role to the teams. I'm asking about those advisors.

mexi.db

full member

Activity: 532

Merit: 102

Quote from: Kingxy on October 02, 2017, 05:05:42 AM

Quote from: mexi.db on October 02, 2017, 04:05:14 AM

Hi. Apart from the core team, I would like to know if the project has any advisors?

Firstly I think you should be part of the telegram group on Cryptogene if you are not maybe then we could help you with the link because on the telegram platform you can contact any of the dev team members. And then you can ask your questions,meanwhile I don't think there is any enquiry you would want to make that able hands here cannot handle so feel free to ask.

I thought this forum was also to engage in discussions about the project and get answers to questions? r devs not active here?

tosign178

newbie

Activity: 42

Merit: 0

Good initiative to bring two worlds(advertisement and crypto) together. We all love to read and watch details online and what more can be more fun than earning some cryptos while doing what we do daily? I like the target audience concept as this is very important factor that one needs to consider in advertisement world. All the best with the project. Will closely follow this thread for sure

Memoransom

full member

Activity: 154

Merit: 100

Quote from: Sirjamesadeiza on October 03, 2017, 05:06:34 AM

Quote from: Kingxy on October 02, 2017, 06:50:44 PM

Quote from: Jameseversmile on October 02, 2017, 05:20:49 PM

I have an educative question guys, and I think this will help everyone here.
What are the fundamental things to consider before investing in any ICO?

For me
1 the use case of the token
2 the level of activity the community behind it has
3 then probably the technology it's built on

But number one is key for me cos that's what ensures I don't go and buy a pump and dump token

To add to memo's list, I will check the biography of the founder, and also try to dig about the other team members.
Targeted audience/sector is another thing to consider

Well you are in luck because they are not hiding, their faces are bodly shown on the official websites, is even possible to get in contact with founder and the whole cryptogene team, isn't that amazing? Ofourse surely it is.

Sirjamesadeiza

newbie

Activity: 56

Merit: 0

Quote from: Kingxy on October 02, 2017, 06:50:44 PM

Quote from: Jameseversmile on October 02, 2017, 05:20:49 PM

I have an educative question guys, and I think this will help everyone here.
What are the fundamental things to consider before investing in any ICO?

For me
1 the use case of the token
2 the level of activity the community behind it has
3 then probably the technology it's built on

But number one is key for me cos that's what ensures I don't go and buy a pump and dump token

To add to memo's list, I will check the biography of the founder, and also try to dig about the other team members.
Targeted audience/sector is another thing to consider

Topic: [ANN] CRYPTOGENE | Blockchain solutions for Africa [ICO 24 Sep 2017] - page 17. (Read 9199 times)