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Topic: [ANN] | EDO |EIDOO Wallet - Hybrid Exchange - Marketplace| OVER 80k ETH RAISED | - page 22. (Read 72931 times)

member
Activity: 392
Merit: 54
Many ITO and ICO requires any of their token holders to pass KYC, be it investors, bounty hunters, airdrop participants, etc, for their initial token distribution. If I remember correctly, EIDOO have several tiers of account verification, which one of them is KYC. Is it possible that if I use eidoo wallet as my address, then I can "bypass" those kyc on other ITO (some might be not utilizing EIDOO for their crowdfund) by using my verified eidoo address? Any insight for this?
As far as I know, the only ICOs for which you can use Eidoo's service are the ones on icoengine.net. But it would be wonderful if such an option existed.
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think
EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

But seems total supply tokens remained the same. Do you know how many tokens they earning every month from fees?
They haven't yet burned the tokens, total supply tokens will change after August 31st. The amount of fees earned depends on the number of ICO on the Engine(not every month).
Eidoo destroyed 500,000 EDO tokens in December 2017, more than 8 months after the first burning. Based on your inference will be 8 months for 1% but i don't think next time will be similar because they don't have much ICO recently.
Thank you. This 1% of tokens was earned for how long time on their platform? Around half of year? So we can except burning tokens in 1% every ~6 month?
Eidoo destroyed 500,000 EDO tokens in December 2017, more than eight months after the first burning. Based on your inference will be 8 months for 1%, I don't think next time will be similar because there won't be many quality ICOs associated with them in the coming time.

They burning tokens only from ICOs fees? Or they have some profit from other products (exchange for example) and going to burn tokens from this profit as well?
hero member
Activity: 1593
Merit: 502
Many ITO and ICO requires any of their token holders to pass KYC, be it investors, bounty hunters, airdrop participants, etc, for their initial token distribution. If I remember correctly, EIDOO have several tiers of account verification, which one of them is KYC. Is it possible that if I use eidoo wallet as my address, then I can "bypass" those kyc on other ITO (some might be not utilizing EIDOO for their crowdfund) by using my verified eidoo address? Any insight for this?
yes right, I think if we have done KYC our Eidoo wallet, then our wallet address can already be known who the owner is and no longer requires KYC. and this will really help us not to do KYC in every project we followed
It depends on Edioo's cooperation with other ICO projects. We haven't seen any projects that accept this now, everything needs more time.
member
Activity: 588
Merit: 10
Many ITO and ICO requires any of their token holders to pass KYC, be it investors, bounty hunters, airdrop participants, etc, for their initial token distribution. If I remember correctly, EIDOO have several tiers of account verification, which one of them is KYC. Is it possible that if I use eidoo wallet as my address, then I can "bypass" those kyc on other ITO (some might be not utilizing EIDOO for their crowdfund) by using my verified eidoo address? Any insight for this?
yes right, I think if we have done KYC our Eidoo wallet, then our wallet address can already be known who the owner is and no longer requires KYC. and this will really help us not to do KYC in every project we followed
legendary
Activity: 2632
Merit: 1462
Yes, I'm an asshole
Many ITO and ICO requires any of their token holders to pass KYC, be it investors, bounty hunters, airdrop participants, etc, for their initial token distribution. If I remember correctly, EIDOO have several tiers of account verification, which one of them is KYC. Is it possible that if I use eidoo wallet as my address, then I can "bypass" those kyc on other ITO (some might be not utilizing EIDOO for their crowdfund) by using my verified eidoo address? Any insight for this?
full member
Activity: 230
Merit: 110
When I buy an ICO token on the application itself of the eidoo it will automatically credited on my wallet? And Before I can buy I really need to pass the KYC I found in an application why it needs to send 0 eth what its purpose of that.
to verify your wallet address, eidoo needs to guarantee ownership of wallet addresses to respect regulations so that they apply these requirements to ICO participants

If you have already been verified, the Purchase of ICO Token within the EDO application is no longer the maximum investment. Many ICO Investment restrict investments especially if you are US Residences. In EDO there is no restriction for the US or CHINA country?
hero member
Activity: 1593
Merit: 502
They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think
EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

But seems total supply tokens remained the same. Do you know how many tokens they earning every month from fees?
They haven't yet burned the tokens, total supply tokens will change after August 31st. The amount of fees earned depends on the number of ICO on the Engine(not every month).
Eidoo destroyed 500,000 EDO tokens in December 2017, more than 8 months after the first burning. Based on your inference will be 8 months for 1% but i don't think next time will be similar because they don't have much ICO recently.
Thank you. This 1% of tokens was earned for how long time on their platform? Around half of year? So we can except burning tokens in 1% every ~6 month?
Eidoo destroyed 500,000 EDO tokens in December 2017, more than eight months after the first burning. Based on your inference will be 8 months for 1%, I don't think next time will be similar because there won't be many quality ICOs associated with them in the coming time.
full member
Activity: 392
Merit: 101
When I buy an ICO token on the application itself of the eidoo it will automatically credited on my wallet? And Before I can buy I really need to pass the KYC I found in an application why it needs to send 0 eth what its purpose of that.
to verify your wallet address, eidoo needs to guarantee ownership of wallet addresses to respect regulations so that they apply these requirements to ICO participants
member
Activity: 392
Merit: 54
Eidoo will soon run an excellent ICO, Pizgzbe. I hope that the sale goes really well and they burn more tokens in the coming month.
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think
EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

But seems total supply tokens remained the same. Do you know how many tokens they earning every month from fees?
They haven't yet burned the tokens, total supply tokens will change after August 31st. The amount of fees earned depends on the number of ICO on the Engine(not every month).

Thank you. This 1% of tokens was earned for how long time on their platform? Around half of year? So we can except burning tokens in 1% every ~6 month?
legendary
Activity: 1162
Merit: 1005
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

Actually I think that if you wait for August 31st to see a price increase you will be disappointed; it was already there when the token burning was announced ... the market has already taken for granted.

An excellent article that shows the importance of the Coin that regularly burn their tokens, and how they are appreciated by the market:

https://www.coindesk.com/crypto-startups-are-destroying-millions-of-coins-and-investors-love-it/amp/

indeed this project has been accepted by the market at this time, even though the price is still down but seeing the good of this project I think to raise the price is very easy when the market starts to normal again.

Well, I have hopes their is an impact about the price when they will burnt tokens.  Not only eidoo token has drop down it's price so most crypto nowadays has decreased. Team are always updated to their project I believe eidoo can recover it's price.

EDO tokens will be used to pay the fees of the advanced services into the Eidoo app. Everytime you will pay a fee with EDO, half will be burned decreasing the total supply, August will be the last month when they burning.
member
Activity: 910
Merit: 14
Everyone join Blurt.blog & Steemit.com
sr. member
Activity: 1148
Merit: 251
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

Actually I think that if you wait for August 31st to see a price increase you will be disappointed; it was already there when the token burning was announced ... the market has already taken for granted.

An excellent article that shows the importance of the Coin that regularly burn their tokens, and how they are appreciated by the market:

https://www.coindesk.com/crypto-startups-are-destroying-millions-of-coins-and-investors-love-it/amp/

indeed this project has been accepted by the market at this time, even though the price is still down but seeing the good of this project I think to raise the price is very easy when the market starts to normal again.

Well, I have hopes their is an impact about the price when they will burnt tokens.  Not only eidoo token has drop down it's price so most crypto nowadays has decreased. Team are always updated to their project I believe eidoo can recover it's price.
hero member
Activity: 1593
Merit: 502
They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think
EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

But seems total supply tokens remained the same. Do you know how many tokens they earning every month from fees?
They haven't yet burned the tokens, total supply tokens will change after August 31st. The amount of fees earned depends on the number of ICO on the Engine(not every month).
member
Activity: 840
Merit: 10
ZooomEx- a new cryptocurrency exchange!
They will one-time token burn? Or they going to burn tokens every month or quarter etc? 1% is too small and this cant affect to price increase I think
EIDOO already burned 500k EDO before and in August 31st they will be burning another 920k, I don't think that's too small. It was mentioned that they will be burning 50% of any token earned from their service fees monthly, starting September.

Sources (for official and accurate info):
https://blog.eidoo.io/eidoo-destroy-edo-tokens/
https://t.me/eidoocryptoworld/55069
https://t.me/eidoocryptoworld/56019

But seems total supply tokens remained the same. Do you know how many tokens they earning every month from fees?
full member
Activity: 462
Merit: 118
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.
I am sorry, but it is not likely that the actual burn will have a positive effect. Usually the price pumps prior to the news, and then when it happens there is not much effect.  Sad

I actually prefer the burning happen after this market depression, when they decide about ETF as with current trend, even a slight pump will be insignificant
I think that the ETF's might get approved in February. I am not inclined to believe that September is month when they decide. But I think that what is most important is that they make the exchange work, and for multiple EDO pairs.

I am also under the impression that etf will be delayed as long as possible. As a conspiracy one can think the big guys want to accumulate before giving good news. And preferably a capitulation from us common folks first. Then the common guy can jump aboard at higher prices when they start the pump.
member
Activity: 392
Merit: 54
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.
I am sorry, but it is not likely that the actual burn will have a positive effect. Usually the price pumps prior to the news, and then when it happens there is not much effect.  Sad

I actually prefer the burning happen after this market depression, when they decide about ETF as with current trend, even a slight pump will be insignificant
I think that the ETF's might get approved in February. I am not inclined to believe that September is month when they decide. But I think that what is most important is that they make the exchange work, and for multiple EDO pairs.
sr. member
Activity: 672
Merit: 250
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

Actually I think that if you wait for August 31st to see a price increase you will be disappointed; it was already there when the token burning was announced ... the market has already taken for granted.

An excellent article that shows the importance of the Coin that regularly burn their tokens, and how they are appreciated by the market:

https://www.coindesk.com/crypto-startups-are-destroying-millions-of-coins-and-investors-love-it/amp/

indeed this project has been accepted by the market at this time, even though the price is still down but seeing the good of this project I think to raise the price is very easy when the market starts to normal again.
sr. member
Activity: 1022
Merit: 391
There are also some pictures on the Telegram group which show the new app design, with some long needed features, such as fingerprint login, instead of having to type the password. Thank God for that finally.
I also see this image, it is very necessary so I am not surprised when it appears. I am waiting for August 31st to see the burning result that hopefully will have a positive impact on EDO price.

Actually I think that if you wait for August 31st to see a price increase you will be disappointed; it was already there when the token burning was announced ... the market has already taken for granted.

An excellent article that shows the importance of the Coin that regularly burn their tokens, and how they are appreciated by the market:

https://www.coindesk.com/crypto-startups-are-destroying-millions-of-coins-and-investors-love-it/amp/
full member
Activity: 230
Merit: 110
When I buy an ICO token on the application itself of the eidoo it will automatically credited on my wallet? And Before I can buy I really need to pass the KYC I found in an application why it needs to send 0 eth what its purpose of that.
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