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Topic: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program [Presale on 28 October]🌟 ⚡🚀 - page 115. (Read 51549 times)

full member
Activity: 686
Merit: 101
Is there a bonus for ICO investments?

Yes there will be a bonus. The first third of the tokens will be sold for $0.2 each, the second third for $0,3 per token and the remaining tokens will cost $0,4. So being fast makes sense. The ICO will start in about 19 days, so still enough time.


That is actually a huge advantage, to buy the coins early. At the end of the ICO you will theoretically double your invested money.  Usually you get like 30, 40 % bonus, but here it will be much bigger. After it hits the exchanges, who know how much will it be worth.
so at the begining of the ico the price of the tokens will be low and then increase with time,is a good strategy in my opinion,after listing the exchanges nobody knows if the price will go up or down,we will know it only when tokens will be listed...
This method also brings some disadvantages because often some whales invest early and dump their coins after the ICO.

Yeah indeed there might be the possibility that a whale buys a big part of the cheap tokens. Maybe they can add a limitation, like a maximum amount of ETH one can invest in the first phase.
sr. member
Activity: 630
Merit: 276
Cant wait to see this ICO live!
Think this will be very populair in the Japanese market

Dont know if this link already is posted but it will help newcomers to this project to understand GATcoin:
https://www.youtube.com/watch?v=Kn78o3XMKUE

Its a nice review about this project.
full member
Activity: 392
Merit: 100
Is there a bonus for ICO investments?

Yes there will be a bonus. The first third of the tokens will be sold for $0.2 each, the second third for $0,3 per token and the remaining tokens will cost $0,4. So being fast makes sense. The ICO will start in about 19 days, so still enough time.


That is actually a huge advantage, to buy the coins early. At the end of the ICO you will theoretically double your invested money.  Usually you get like 30, 40 % bonus, but here it will be much bigger. After it hits the exchanges, who know how much will it be worth.
so at the begining of the ico the price of the tokens will be low and then increase with time,is a good strategy in my opinion,after listing the exchanges nobody knows if the price will go up or down,we will know it only when tokens will be listed...
This method also brings some disadvantages because often some whales invest early and dump their coins after the ICO.
sr. member
Activity: 518
Merit: 250
Big names from China is associated with Gatcoin.I heard China has banned ICO,how will it affect your ICO and how are chinese allowed to associated with you?

china is opening ico but with regulation

Usually these kind of things take a while. China is a complicated country, Ive read a nice comparison. China is a dragon with 8 heads. One day 1 head takes control where to go, the next day the other head
takes control on what to do. Its a difficult country to rely on building a buseniss. I would rather see GATcoin establish in other Asian countries first.

and they will, probably japan would go really well.
Japan and Japanese people are very open to new technologies and inventions, especially in cryptocurrencies, so this will be huge for GATCOIN!
full member
Activity: 616
Merit: 145
🚀🚀 ATHERO.IO 🚀🚀
I read some of you talking about smart contracts but we don't know if the GAT blockchain will have smart contracts. In fact I wanna know when the entire blockchain's documentation will be released
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
From the total supply of 1 billion GAT coins, only 20% will be offered during the crowd sale. That means, whatever happens during the crowd sale, whether all available tokens are sold out or not, the project will continue. In other words, crowd sale results will not affect the continuity of the project. Am I correct?

You assumption would mean they have no soft cap. But as far as I remember, the dev wrote somewhere that their soft cap is 20M$.

Actually, i thought you are mistaken, but when i checked, i saw your info is correct.

And here is the devs answer to someone asked it isn't high.

Quote
Short answer, we want to do this right, in order or ICO investors to see truly excellent returns on their investment we need to build a bullet proof system, test it extensively set up infrastructure in multiple markets and actively pursue as many merchants as possible to expand the network as soon as possible. To do this we need funds unfortunately we cant build a easy to use interactive marketplace that spans the globe and covers a vast network  overnight and on the cheap


I can't blame them for choosing this path. Hope everything goes well.
hero member
Activity: 2968
Merit: 605
Is there a bonus for ICO investments?

Yes there will be a bonus. The first third of the tokens will be sold for $0.2 each, the second third for $0,3 per token and the remaining tokens will cost $0,4. So being fast makes sense. The ICO will start in about 19 days, so still enough time.


That is actually a huge advantage, to buy the coins early. At the end of the ICO you will theoretically double your invested money.  Usually you get like 30, 40 % bonus, but here it will be much bigger. After it hits the exchanges, who know how much will it be worth.
so at the begining of the ico the price of the tokens will be low and then increase with time,is a good strategy in my opinion,after listing the exchanges nobody knows if the price will go up or down,we will know it only when tokens will be listed...
hero member
Activity: 924
Merit: 520
So besides Japan, what markets will Gatcoin target? Will it be worldwide, or Asia first?

i think they focus on japan by now but correct me if i am wrong
If the first contracts will be signed with Japan, this does not mean that they will work all the time in this region. I think there will be an expansion of the  GATCOIN activity, but this will take time
Yes, they have planned to have more merchants participating in the system, but not directly all over the world at once.
They have just started with SK Planet Japan.

step by step. its the right way i think. you cant get the whole world al at once

I think it will be good for the project if GATCOIN will establish a loyal customer base first before planning an expansion to other areas. If the project performs as expected, then word of mouth from end users will follow through.
sr. member
Activity: 1372
Merit: 259
From the total supply of 1 billion GAT coins, only 20% will be offered during the crowd sale. That means, whatever happens during the crowd sale, whether all available tokens are sold out or not, the project will continue. In other words, crowd sale results will not affect the continuity of the project. Am I correct?

They will have a second round of crowdsale in summer 2018, as I understans correct...
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
From the total supply of 1 billion GAT coins, only 20% will be offered during the crowd sale. That means, whatever happens during the crowd sale, whether all available tokens are sold out or not, the project will continue. In other words, crowd sale results will not affect the continuity of the project. Am I correct?

You assumption would mean they have no soft cap. But as far as I remember, the dev wrote somewhere that their soft cap is 20M$.
sr. member
Activity: 1022
Merit: 252
From the total supply of 1 billion GAT coins, only 20% will be offered during the crowd sale. That means, whatever happens during the crowd sale, whether all available tokens are sold out or not, the project will continue. In other words, crowd sale results will not affect the continuity of the project. Am I correct?
full member
Activity: 224
Merit: 100
Become Part of the Mining Family
So I read that GATcoin joined project transparency http://projecttransparency.org/

This means that ''participants are voluntarily binding themselves to disclose wallets controlled by a project and to provide a voluntary explanation of any expenditure greater than 0.5% of the funds collected.''

Im very excited about this movement and hope more blockchain projects will join. especially since the latest rumors about paypie going on right now. This project could protect paypies image
full member
Activity: 588
Merit: 100
Big names from China is associated with Gatcoin.I heard China has banned ICO,how will it affect your ICO and how are chinese allowed to associated with you?

china is opening ico but with regulation

Usually these kind of things take a while. China is a complicated country, Ive read a nice comparison. China is a dragon with 8 heads. One day 1 head takes control where to go, the next day the other head
takes control on what to do. Its a difficult country to rely on building a buseniss. I would rather see GATcoin establish in other Asian countries first.

and they will, probably japan would go really well.
full member
Activity: 798
Merit: 115
Is there a bonus for ICO investments?

Yes there will be a bonus. The first third of the tokens will be sold for $0.2 each, the second third for $0,3 per token and the remaining tokens will cost $0,4. So being fast makes sense. The ICO will start in about 19 days, so still enough time.


That is actually a huge advantage, to buy the coins early. At the end of the ICO you will theoretically double your invested money.  Usually you get like 30, 40 % bonus, but here it will be much bigger. After it hits the exchanges, who know how much will it be worth.
full member
Activity: 574
Merit: 115
In case any of you want to give that a try, there is an anecdote of a man who bought the complete inventory of a store with just 60 cents and a bag full of coupons.

How is that even possible ? Normally you have limits to coupons.

Glad you asked!

The coupons gave 15% to 20% discount on any product. The coupons did not have any rules printed on them that restricted their use. So he figured he could stack the coupons an infinite amount of times. Indeed he could, he even checked it with the Consumer Association.

He came with 2807 coupons and 60 cents. He walked away with 48,500 euros worth of TVs and household products. And gave them away.

My question to the GATCOIN team is: Smart contracts are immutable, what can GATCOIN merchants do in case they made a mistake with Merchant Tokens that could ruin them?

I think that nothing should be done. GATCOIN provides the system to the merchants and buyers, and if there are no errors in the system, then the merchant is responsible for his error.

Well if there are some mistakes in the contract/rules determined by the company itself they just have to stop giving out coins, or?

I mean, that if the merchant gave out his bonuses so much that it would be ruined, then this is the error of this merchant. (Here I assume initially that there are no errors in the GATCOIN system) And if GATCOIN will do hardfork for each such merchant, it will not last long. If hackers kidnap crypto currency, this does not give the right to demand the cancellation of all transactions in the BTC or ETH network, only to return the stolen crypto currency?

As consumers we like merchants to honor their mistakes, but currently almost every promo comes with Terms and Conditions and Disclaimer that allow them to change the rules. If GATCOIN prevented changes to the rules that would be good for the consumers, but terrible for the merchants if they made a mistake. Remember, GATCOIN needs support from Merchants. If it turns out too risky they will back out.
full member
Activity: 154
Merit: 100
Big names from China is associated with Gatcoin.I heard China has banned ICO,how will it affect your ICO and how are chinese allowed to associated with you?

china is opening ico but with regulation

Usually these kind of things take a while. China is a complicated country, Ive read a nice comparison. China is a dragon with 8 heads. One day 1 head takes control where to go, the next day the other head
takes control on what to do. Its a difficult country to rely on building a buseniss. I would rather see GATcoin establish in other Asian countries first.

haha the chinese people are funny in a very special way - i like the comparison with the dragon
full member
Activity: 154
Merit: 100
Is there a bonus for ICO investments?

i dont know exactly but in most projects information to that is provided in the whitepaper - take a brief look and you will find it out for sure Wink
full member
Activity: 154
Merit: 100
Big names from China is associated with Gatcoin.I heard China has banned ICO,how will it affect your ICO and how are chinese allowed to associated with you?

china is opening ico but with regulation

Usually these kind of things take a while. China is a complicated country, Ive read a nice comparison. China is a dragon with 8 heads. One day 1 head takes control where to go, the next day the other head
takes control on what to do. Its a difficult country to rely on building a buseniss. I would rather see GATcoin establish in other Asian countries first.
hero member
Activity: 1736
Merit: 857
In case any of you want to give that a try, there is an anecdote of a man who bought the complete inventory of a store with just 60 cents and a bag full of coupons.

How is that even possible ? Normally you have limits to coupons.

Glad you asked!

The coupons gave 15% to 20% discount on any product. The coupons did not have any rules printed on them that restricted their use. So he figured he could stack the coupons an infinite amount of times. Indeed he could, he even checked it with the Consumer Association.

He came with 2807 coupons and 60 cents. He walked away with 48,500 euros worth of TVs and household products. And gave them away.

My question to the GATCOIN team is: Smart contracts are immutable, what can GATCOIN merchants do in case they made a mistake with Merchant Tokens that could ruin them?

I think that nothing should be done. GATCOIN provides the system to the merchants and buyers, and if there are no errors in the system, then the merchant is responsible for his error.

Well if there are some mistakes in the contract/rules determined by the company itself they just have to stop giving out coins, or?

I mean, that if the merchant gave out his bonuses so much that it would be ruined, then this is the error of this merchant. (Here I assume initially that there are no errors in the GATCOIN system) And if GATCOIN will do hardfork for each such merchant, it will not last long. If hackers kidnap crypto currency, this does not give the right to demand the cancellation of all transactions in the BTC or ETH network, only to return the stolen crypto currency?
full member
Activity: 294
Merit: 100
Big names from China is associated with Gatcoin.I heard China has banned ICO,how will it affect your ICO and how are chinese allowed to associated with you?

china is opening ico but with regulation

Moreover, this is the participation in ICO which is banned, it does not mean the product is forbidden in the country.
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