1.) Mathematics on caps must be way more clear as to what your top tier cap is. If you have not already worked this cap out I cannot understand how it's viable firstly as a product and as an ICO - even with a flexible cap you must work out forward caps.
It’s simple. The number of tokens are/will be linked to a certain amount and it will not be changed after whatever time and whatever circumstances.
2.) Who holds the address that can deploy more tokens?
Humaniq team
3.) Who holds the address that can stop transfer of tokens and otherwise?
Humaniq team
4.) Who and what specific definitions are these accounts under - is it one person of multiple people?
One person. We are moving forward to establish an escrow that will be controlling migration to a new smart contract.
5.) Who is auditing this cap scale if there is no scale in the first place. Please break down in simple mathematical terms what are your scales and project scales.
In simple mathematical terms, the scale of the emission is represented in the whitepaper. So ICO + pre-ICO amount is 100%. The second phase of emission mints that amount until the cap of 500% is reached.
6.) What are the current problems in this smart contract that needs changing apart from the issues that were pointed out? For you to transfer and migrate to a new smart contract.
Currently there are no issues in smart-contract that needs to be addressed, but due to stage of heavy development there is always a possibility for migration to a new smart contract that actually delivers new features.
7.) Does the above create a new level of token issuance?
No, emission model is clearly stated in our whitepaper and will never be changed.
8.) Knee Jerk reactions are not a part of the due diligence process - what is part of due diligence is processing the smart contract you and your team made.
Knee Jerk reactions are represented in conclusions that were made from the due diligence and not in the due diligence itself.
9.) With regard to offchain transactions how is this verified if you are not using the blockchain technology itself? Again questions must be asked about this.
Actually there are no offchain transactions. Offchain is the way we migrate to a new contract, i.e. we process blockchain for every user balance in the current token and create a new token with the same set of user’s balances. This action can be validated by a 3rd party observer, so the offchain migration is fair way to migrate to a new token.
10.) Why is there a switch in the emission address? What is the rationale for this - this address should be owned by the team or otherwise - that is why who holds it is extremely important.
So the emission logic during the ICO differs from the emission logic after the ICO, when new tokens will be granted for every new user who passed biometric identification process. That is why we need a contract function that allow us to change the contract-emitent of the tokens.
11.) No-one has framed you as malicious or untrustworthy, the due diligence has been done on code. Code is what you create it is not about personal opinion or otherwise. Personally I really liked the Humaniq project until this issue was brought to me. The reason code is open source is because there should be audits on it to protect the crypto community / your userbase and otherwise.
We are frankly thankful for your time spent on the audit and pointing this out.
12.) If you want to go with a centralized distribution model thats fine with complete control of your team and organizational members - but please announce this because that in itself is not decentralization.
Distribution model is clearly stated in the whitepaper of the project. The one who have carefully read the whitepaper can easily be assured that we act totally aligned with our previous statements about emission.
13.) Why not use an independent escrow for cap baselines.
This is one of possible solution that our team is considering at the moment.
14.) Why no 3rd party audit of this smart contract before launching and otherwise?
As we said before, there are no bugs or mistakes in the smart contract, but there are decisions that were made to deliver a best tradeoff between speed of moving forward and openness to the community. Our team’s actions are fully auditable by 3rd party observers and cannot go unnoticed by the community.
Finally Humaniq team would like to thank ICOCountdown for the time spent on asking those questions. We hope our answers satisfied both ICOCountdown and their subscribers and we will continue our work and implement our plans presented in WhitePaper and RoadMap.
Thank you.
Topic: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked - page 176. (Read 272379 times)
waoo,already raised $3.5 Million !! 
Luckily i got some free token from bounty.Dev can you tell me at what time you refile the twitter bounty balance? I didn't see any new activity since 2 days.
Luckily i got some free token from bounty.Dev can you tell me at what time you refile the twitter bounty balance? I didn't see any new activity since 2 days.
There is already a coin out there which is actively supports identify proofs along which many other features. You may check out EMC (Emercoin)
https://bitcointalksearch.org/topic/emc-emercoin-blockchain-service-platform-pospow-btc-merge-mined-362513
They partner with Microsoft Azure and Deloitte already.
Not really sure where Humaniq wants to head to be honest.
try to read and understand my friend, that simple? https://bitcointalksearch.org/topic/emc-emercoin-blockchain-service-platform-pospow-btc-merge-mined-362513
They partner with Microsoft Azure and Deloitte already.
Not really sure where Humaniq wants to head to be honest.
Very humane and successful project. I would like to exceed the african threshold.
They can say everything they want if it is a scam and more but there are 8100 investors and I like the project, I am inside. 
Thanks for your support man.People will regret for not investing in this ICO. Remember Humaniq ico will end on 27th of April.
They can say everything they want if it is a scam and more but there are 8100 investors and I like the project, I am inside.
https://richtopia.com/top-lists/top-100-blockchain?utm_source=facebook&utm_campaign=post
https://richtopia.com/top-lists/top-100-blockchain?utm_source=facebook&utm_campaign=post
I think, this project is not realistic. It wont work on real world. Sorry 
Its like a dream
wont work? are you certain? you dont even put 1sat and you talk a lot of shit..just go away if you dont believe in this project Its like a dream
Humaniq Contest: Best Alternative Slogan (10,000 HMQ)
Humaniq is having a contest for the best alternative slogan
that you don't want to miss out on.
We want everyone participate if you share
our mission and vision as close as we do.
To Join the contest: https://www.facebook.com/humaniq.co/photos/a.541905029351968.1073741828.536426589899812/594085037467300/?type=3&permPage=1
Humaniq is having a contest for the best alternative slogan
that you don't want to miss out on.
We want everyone participate if you share
our mission and vision as close as we do.
To Join the contest: https://www.facebook.com/humaniq.co/photos/a.541905029351968.1073741828.536426589899812/594085037467300/?type=3&permPage=1
So can someone explain me how this would actually work. The idea seems very cool and all, but how will you bank the unbanked if the unbanked don't have access to internet, maybe to cellphones, but that is low-tier cellphones of course. I live in Central america, and the target audience for the project, people that live under 2 dollar a day, live in remote places where there's barely any electricity. Ok if the technicalities would be already a struggle, what about the education this people need? In a first world perspective you could think "this project is revolutionary" but in their perspective "I don't trust a phone because I don't know how to use it". How are they even gonna learn and trust your project?
Given that Microsoft etc are already on the case (https://azure.microsoft.com/en-in/blog/what-does-identity-mean-in-today-s-physical-and-digital-world/) what exactly is Humaniq's "Unique Selling Proposition"?
It's ridiculous. Let's say scam, do you think idiot enough to make such a conversation on twitter?
Note: every ICO can scam. There is.
Note: every ICO can scam. There is.
Every one is a scam? Okay... Ethereum was an ICO...There's many more, just don't have time to name them all. Good luck with your project
It's ridiculous. Let's say scam, do you think idiot enough to make such a conversation on twitter?
Note: every ICO can scam. There is.
Note: every ICO can scam. There is.
The conversation wasn't on twitter. If you look at the screenshots, you can see some of the members from this team discuss the project. But to each their own.. Not touching it after reading that..
Also Icocountdown.com came to a similar conclusion https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/
It's ridiculous. Let's say scam, do you think idiot enough to make such a conversation on twitter?
Note: every ICO can scam. There is.
Note: every ICO can scam. There is.
The 4k BTC barrage was low. We go very well 
I believe this is a scam. There was some chat log leaked and talk about scamming.
https://twitter.com/ActualAdviceBTC/status/847767099741057024
why you think it is A scam. https://twitter.com/ActualAdviceBTC/status/847767099741057024
I believe this is a scam. There was some chat log leaked and talk about scamming.
https://twitter.com/ActualAdviceBTC/status/847767099741057024
https://twitter.com/ActualAdviceBTC/status/847767099741057024
Why This project dont present on other lang? Maybe you need translation bounty campaing?
I think, this project is not realistic. It wont work on real world. Sorry Its like a dream
Its like a dream 
Response to the post made by Humaniq today.
https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/dg8h32e/
https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/dg8h32e/
Quote
1.) Mathematics on caps must be way more clear as to what your top tier cap is. If you have not already worked this cap out I cannot understand how it's viable firstly as a product and as an ICO - even with a flexible cap you must work out forward caps.
2.) Who holds the address that can deploy more tokens?
3.) Who holds the address that can stop transfer of tokens and otherwise?
4.) Who and what specific definitions are these accounts under - is it one person of multiple people?
5.) Who is auditing this cap scale if there is no scale in the first place. Please break down in simple mathematical terms what are you scales and project scales.
6.) What are the current problems in this smart contract that needs changing apart from the issues that were pointed out? For you to transfer and migrate to a new smart contract.
7.) Does the above create a new level of token issuance?
8.) Knee Jerk reactions are not a part of the due diligence process - what is part of due diligence is processing the smart contract you and your team made.
9.) With regard to offchain transactions how is this verified if you are not using the blockchain technology itself? Again questions must be asked about this.
10.) Why is there a switch in the emission address? What is the rationale for this - this address should be owned by the team or otherwise - that is why who holds it is extremely important.
11.) No-one has framed you as malicious or untrustworthy, the due diligence has been done on code. Code is what you create it is not about personal opinion or otherwise. Personally I really liked the Humaniq project until this issue was brought to me. The reason code is open source is because there should be audits on it to protect the crypto community / your userbase and otherwise.
12.) If you want to go with a centralized distribution model thats fine with complete control of your team and organizational members - but please announce this because that in itself is not decentralization.
13.) Why not use a independant escrow for cap baselines.
14.) Why no 3rd party audit of this smart contract before launching and otherwise?
I am sorry if these questions offend. I love the Ethereum community and what people are building. I am sorry if you had people ask you serious questions about distribution and otherwise - these are fair asks nothing about previous due diligence or users asking questions is unfair in a decentralized community.
2.) Who holds the address that can deploy more tokens?
3.) Who holds the address that can stop transfer of tokens and otherwise?
4.) Who and what specific definitions are these accounts under - is it one person of multiple people?
5.) Who is auditing this cap scale if there is no scale in the first place. Please break down in simple mathematical terms what are you scales and project scales.
6.) What are the current problems in this smart contract that needs changing apart from the issues that were pointed out? For you to transfer and migrate to a new smart contract.
7.) Does the above create a new level of token issuance?
8.) Knee Jerk reactions are not a part of the due diligence process - what is part of due diligence is processing the smart contract you and your team made.
9.) With regard to offchain transactions how is this verified if you are not using the blockchain technology itself? Again questions must be asked about this.
10.) Why is there a switch in the emission address? What is the rationale for this - this address should be owned by the team or otherwise - that is why who holds it is extremely important.
11.) No-one has framed you as malicious or untrustworthy, the due diligence has been done on code. Code is what you create it is not about personal opinion or otherwise. Personally I really liked the Humaniq project until this issue was brought to me. The reason code is open source is because there should be audits on it to protect the crypto community / your userbase and otherwise.
12.) If you want to go with a centralized distribution model thats fine with complete control of your team and organizational members - but please announce this because that in itself is not decentralization.
13.) Why not use a independant escrow for cap baselines.
14.) Why no 3rd party audit of this smart contract before launching and otherwise?
I am sorry if these questions offend. I love the Ethereum community and what people are building. I am sorry if you had people ask you serious questions about distribution and otherwise - these are fair asks nothing about previous due diligence or users asking questions is unfair in a decentralized community.
HUMANIQ answer these allegations and what you ICOcountdown.com are doing is much appreciated effort .
We need to save our bitcoin community from these scams and scam artists
Response to the post made by Humaniq today.
https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/dg8h32e/
https://www.reddit.com/r/ethereum/comments/64ufyp/emission_due_diligence_for_humaniq/dg8h32e/
Quote
1.) Mathematics on caps must be way more clear as to what your top tier cap is. If you have not already worked this cap out I cannot understand how it's viable firstly as a product and as an ICO - even with a flexible cap you must work out forward caps.
2.) Who holds the address that can deploy more tokens?
3.) Who holds the address that can stop transfer of tokens and otherwise?
4.) Who and what specific definitions are these accounts under - is it one person of multiple people?
5.) Who is auditing this cap scale if there is no scale in the first place. Please break down in simple mathematical terms what are you scales and project scales.
6.) What are the current problems in this smart contract that needs changing apart from the issues that were pointed out? For you to transfer and migrate to a new smart contract.
7.) Does the above create a new level of token issuance?
8.) Knee Jerk reactions are not a part of the due diligence process - what is part of due diligence is processing the smart contract you and your team made.
9.) With regard to offchain transactions how is this verified if you are not using the blockchain technology itself? Again questions must be asked about this.
10.) Why is there a switch in the emission address? What is the rationale for this - this address should be owned by the team or otherwise - that is why who holds it is extremely important.
11.) No-one has framed you as malicious or untrustworthy, the due diligence has been done on code. Code is what you create it is not about personal opinion or otherwise. Personally I really liked the Humaniq project until this issue was brought to me. The reason code is open source is because there should be audits on it to protect the crypto community / your userbase and otherwise.
12.) If you want to go with a centralized distribution model thats fine with complete control of your team and organizational members - but please announce this because that in itself is not decentralization.
13.) Why not use a independant escrow for cap baselines.
14.) Why no 3rd party audit of this smart contract before launching and otherwise?
I am sorry if these questions offend. I love the Ethereum community and what people are building. I am sorry if you had people ask you serious questions about distribution and otherwise - these are fair asks nothing about previous due diligence or users asking questions is unfair in a decentralized community.
2.) Who holds the address that can deploy more tokens?
3.) Who holds the address that can stop transfer of tokens and otherwise?
4.) Who and what specific definitions are these accounts under - is it one person of multiple people?
5.) Who is auditing this cap scale if there is no scale in the first place. Please break down in simple mathematical terms what are you scales and project scales.
6.) What are the current problems in this smart contract that needs changing apart from the issues that were pointed out? For you to transfer and migrate to a new smart contract.
7.) Does the above create a new level of token issuance?
8.) Knee Jerk reactions are not a part of the due diligence process - what is part of due diligence is processing the smart contract you and your team made.
9.) With regard to offchain transactions how is this verified if you are not using the blockchain technology itself? Again questions must be asked about this.
10.) Why is there a switch in the emission address? What is the rationale for this - this address should be owned by the team or otherwise - that is why who holds it is extremely important.
11.) No-one has framed you as malicious or untrustworthy, the due diligence has been done on code. Code is what you create it is not about personal opinion or otherwise. Personally I really liked the Humaniq project until this issue was brought to me. The reason code is open source is because there should be audits on it to protect the crypto community / your userbase and otherwise.
12.) If you want to go with a centralized distribution model thats fine with complete control of your team and organizational members - but please announce this because that in itself is not decentralization.
13.) Why not use a independant escrow for cap baselines.
14.) Why no 3rd party audit of this smart contract before launching and otherwise?
I am sorry if these questions offend. I love the Ethereum community and what people are building. I am sorry if you had people ask you serious questions about distribution and otherwise - these are fair asks nothing about previous due diligence or users asking questions is unfair in a decentralized community.
Jump to: