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Topic: [ANN] [EXCHANGE] Bitmora - Digital Asset Exchange - page 9. (Read 4103 times)

legendary
Activity: 2534
Merit: 1713
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Are you guys doing an ICO to fund Bitmora?

No they are not, as mentioned so many times before here. It is illegal for US citizens or passport holders to participate or operate in ICOs unless they are via a regulated and approved company that is registered with the US SEC.

Bitmora is a start up that is not registered with any agency that provides protection for them to have an ICO.
member
Activity: 602
Merit: 10
Sorry but I do not agree with what you have put forward. Not impressed at all with the reasons given for delaying bounty payouts and to top it off certainly not impressed as to what will happen if those bounties will be used in future to pay for legal fees.

If bounties add up to be $50,000 and you want to hold that money just because legal issues might arise in the future in the run up to launch and you might have to spend that money on lawyer fees then it has to be said if all businesses did that then there would be no trust around. Your terms and conditions should have made all that clear with various scenarios and possibilities before people signed up.

This very sad and bad news has seriously dented the trust element of your brand name (Bitmora)


I’m sorry you don’t accept our response. Bounties will be paid. I understand some people will be mad, and that’s both expected and acceptable. The money is not being “held”. It’s actively being spent to ensure we launch successfully and legally. Will it all be spent? Highly doubt it, but we can’t just pay out half and leave the other half dry until after launch, that would upset the half that didn’t get picked to be paid first.

I’d like to remind you, participants who have been told this already are okay with it. Our contributors and investors would rather us legally launch and delay the bounty a while longer.
We are sorry about this, and will follow up with an announcement when our bounty payout day is coming up.

I do encourage people with concerns or anything related to the bounty to PM us. That is where our support agents will be focused towards helping you.
We will continue to wait. We have no other option. I very much hope that this will be final and the payments will be paid

As per bitmore website it is showing the bitmora exchange going to launch in 5 weeks but i have a questions that when the spreadsheet is going to finalizes already we are waiting from more than a month.

Hello, correct our launch is in roughly 5 weeks. The bounty spreadsheet will be finalized by the end of April, and at the point, you'll be able to see what you will be paid out. Payouts will begin after the launch of May 12th.
Due to the extended period of time it is taking for payouts to begin, we will be checking with everybody to verify their ETH address has not changed. That process will begin closer to launch.
The good news is, I supported your project at bounty, and I'm really glad you're making progress ...I respect people who are serious about their projects and community .

I suspect that checking wallets before handing out can delay the bounty payment for a few more weeks
sr. member
Activity: 560
Merit: 250
Only 3 days left to start public sale.
full member
Activity: 644
Merit: 101
Are you guys doing an ICO to fund Bitmora?
full member
Activity: 512
Merit: 101
When atomic swap is implemented, will that have an impact on Bitmora?

Seems like more of an if at this point than a when lol. Seems like they've been talking about it forever with no real update, I haven't followed it closely though I admit.

Have you guys approached any big investors at this point?
member
Activity: 234
Merit: 10
When atomic swap is implemented, will that have an impact on Bitmora?
newbie
Activity: 61
Merit: 0
This sounds like it addresses a lot of the issues I've had with current exchanges. Did you consider making this a decentralized exchange while incorporating the same features? Is that unfeasible?
newbie
Activity: 154
Merit: 0
Interesting project. It appears you have many competitors. What are you doing to differentiate your project and make people come to Bitmora instead?
member
Activity: 280
Merit: 10
Glad that there was news when there will be payments to bounty members. I hope the project starts successfully.
member
Activity: 179
Merit: 14
Yesterday our team sent out the first Weekly Review on our Medium Blog, go check it out!
https://medium.com/bitmora/bitmora-update-april-9th-2018-684018dac41e

Great job done by bitmora team because of just now i was read the latest update about the bitmora and it is good news for all bitmora investors, and we have to wait one more month to launch of bitmora exchange.

Thank you for the kind words! Please be on the lookout next week for another update.

Side note: We have updated our thread design! Hope you guys like it!
member
Activity: 400
Merit: 12
Yesterday our team sent out the first Weekly Review on our Medium Blog, go check it out!
https://medium.com/bitmora/bitmora-update-april-9th-2018-684018dac41e

Great job done by bitmora team because of just now i was read the latest update about the bitmora and it is good news for all bitmora investors, and we have to wait one more month to launch of bitmora exchange.
member
Activity: 179
Merit: 14
Yesterday our team sent out the first Weekly Review on our Medium Blog, go check it out!
https://medium.com/bitmora/bitmora-update-april-9th-2018-684018dac41e
full member
Activity: 238
Merit: 100
The project looks far from original, something I've already seen many times, but in general everything is quite interesting, so I'll watch.
copper member
Activity: 236
Merit: 17
member
Activity: 179
Merit: 14
Thanks for the answer. I invested a little bit. I hope you guys will have some volumes after you launch your platform.

1) When you lunch at May, will IOS and android applications be ready?
2) If you are thinking to create a yoken/coin after you lunch, will there be a bonus for first investors?

Thanks

For the app, we plan on having it released on our launch. If any delays arise with this, we will be sure and let everyone know.
As for a token, it's hard to say right now. We would like to create one that would be integrated with our voting system, and it would also be utilized for cheaper trading fees. Right now though, our main goal is having a successful launch. After launch if we do decide to move forward with creating a token, we would definitely consider giving a bonus to our early contributors.
jr. member
Activity: 109
Merit: 5
hodl
Thanks for the answer. I invested a little bit. I hope you guys will have some volumes after you launch your platform.

1) When you lunch at May, will IOS and android applications be ready?
2) If you are thinking to create a yoken/coin after you lunch, will there be a bonus for first investors?

Thanks
member
Activity: 179
Merit: 14
I read whitepaper but I am not sure how you will solve liquidity problem with multiple exchanges.

How will your system execute in other exchanges? API?
What will happen to other exchange fees and transfer fees also what happen if there is a problem with other exchange? Waiting times?
Will there be a problem if other exchange is not SEC registered? For example, you will release FLASH also. They are in cryptotopia, will you execute the order in cryptotopia which will be in NZ based?

https://twitter.com/bitmora_inc/status/979819050841853955



Hi, our order book will be connected to the order books of Bitstamp and Bitfinex, this is done using an API connection between our order books. We do pay a small, discounted fee to both exchanges when one of our orders are filled by them.
If the other exchanges do not register with the SEC, that does not affect us right now.
As for FLASH, right now they are not listed on the two exchanges we're connected with, so they cannot fulfill that order and it will rely solely on our books. Most of the coins we plan on releasing are listed on at least one of the order books we connect with.
legendary
Activity: 2534
Merit: 1713
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Any update?

Should there be? Last I read it is around 4 weeks before they go live
full member
Activity: 738
Merit: 100
Follow on Twitter @realToyoTheo
Any update?
jr. member
Activity: 109
Merit: 5
hodl
I read whitepaper but I am not sure how you will solve liquidity problem with multiple exchanges.

How will your system execute in other exchanges? API?
What will happen to other exchange fees and transfer fees also what happen if there is a problem with other exchange? Waiting times?
Will there be a problem if other exchange is not SEC registered? For example, you will release FLASH also. They are in cryptotopia, will you execute the order in cryptotopia which will be in NZ based?

https://twitter.com/bitmora_inc/status/979819050841853955

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