Topic: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked - page 177. (Read 272370 times)

Investors just be on your toes ........
This is fishy

One more day to get the 25% bonus tokens.


Dear all,
Our ICO has been running for a week already!

During the short period of time since Dec. 2016 we have achieved some great results and Humaniq`s team has already revealed an astonishing development speed.

We are happy to be surrounded by the people who really care not only about the world’s economy crisis but also about our planet to become a safer place for all of us.

By now we are going to reach our next Crowdsale goal and you are welcome to join Humaniq ICO. You have one more day to get the 25% bonus tokens.
8-14th of April + 25% HMQ Tokens
15-21th of April + 12.5% HMQ Tokens

http://my.humaniq.co

Wow, it would be great for this project to start hitting the exchanges site but i hope this hit those most known exchange sites such as Yobit and Poloniex. But I've heard a new exchange site that just lauch which is YO-Ex.
By the way, thanks for constantly updating the thread for reports and clarification just like what the previous scam accusation you've just resolved.

There is existing open source colaboration of Microsoft, Blockstack and uPort that is going for more than a year. They are working on digital identity for people without one and giving them access to bitcoin, etherium whatever. So pretty much the same without new altcoin... more here: https://azure.microsoft.com/en-in/blog/what-does-identity-mean-in-today-s-physical-and-digital-world/

His idea is not makes a sense for me, it looks like the dev still need give more clarification about that thing is happening on the reddit in this time, I mean about some people are declaring humaniq to be the scam ico.
Can you tell me the advantages from humaniq system? because i can't get it.  Most of the altcoin never touch the real life.

Humaniq will be best project with very big potential of growth so many people will get benefit by using this system in real life. I hope this will expand their services in many part of the world by achieving their targets.

A picture with Vitalik is cool and all, but when I tweeted him asking about it, he didn't respond, and he hasn't posted here either. I think if Vitalik was to post here that would drum up a lot of support. Even if just to say that he knows about the project and knows Alex Fork. Not necessarily asking him to throw his support behind it, but you seem to be telling us he supports the project so why hasn't he publicly said so?

100% of the reason I invested is because of Vitalik's potential ties to this.

Thank you for constantly updating us with the new developments, I'm glad I invested with the project.

Article on Nasdaq.com
Humaniq Aims to Tackle Barriers to Economic Inclusion With Blockchain App

Read more: http://bit.ly/2oqGYod

Hello, we will start with SpaceBTC and will hit to other exchanges also after ICO will be finished. More details here: http://www.prunderground.com/fintech-startup-humaniq-announces-agreement-with-spacebtc-cryptocurrency-exchange/0088400/

When this is going to hit exchanges?

Its good you have responded to the issues, I don't have doubts about this project. But don't create such information gaps through which you can be scandalized in your further project. Goodluck Humaniq

Humaniq Emission Model

Hello, everyone.

Recently there was a post on Reddit regarding our ICO and some questions about our emission model were raised. We want to answer this question and reassure everyone we are doing things as stated in our whitepaper.

In the audit conducted by a commentator on Reddit, a number of points about the emission system were brought up and we are actually pleased that members of the community found some problems at this stage.

The first point is, we have the ability to change the logic of the emission model and this was a conscious decision to set it up this way. There is no cap for the number of tokens emitted during our ICO, and it’s purely dependent on how many tokens people purchase.

After the ICO we are putting in the cap, since the total number of tokens that will ever be emitted is capped at 5x the amount emitted during the ICO and Pre-ICO.
We have used different contracts and therefore there is the possibility to switch the emission addresses in the Token contracts was required. Also, as mentioned in the Humaniq whitepaper; token emission will continue after the end of the ICO, until the cap is reached due to our process of minting new tokens for each new user.
Other new contracts will be responsible for the logic described in the whitepaper. As a result, a function that can change the emission address was added. Of course, technically it can be used for some malicious purposes, however such actions cannot go unnoticed by the community, because all information about balances are public and available for everyone.

Pertaining to the locks in the Token contract, it is a feature created to make migration possible. Despite the absence of a special migration function, there is no problem to implement it off-chain. Even though all balances are stored in mapping, emission of new tokens is only possible via the issueTokens() function, which emits a new event with every call. These events consist of investor addresses and the number of tokens they received.

In the Humaniq tokens contract, we have considered the possibility of locking function in order to implement off-chain migration to another token. This is what the migration procedure will look like: Lock the possibility of token transmissions in the contract from which the migration happens, Deploy a new contract, Transfer users’ balance from the previous contract to the new one (All details of token crediting in the new contract are reflected on our blockchain platform), Unlock token transmissions in new token contracts.

Moreover, due to the provided functionality of balance migrations, it is possible to replace a current token with the new one, which will be more secured and contain fixes for discovered lacks. At least, adding a high bound for the token number according to the whitepaper is the most sensible solution.

Some in the community have sadly and unreasonably framed us as being malicious and untrustworthy. But we can assure, that there was no malicious intent in our emission architecture and the way we designed it.

One one hand it’s a great that we as a community can crowdsource intelligence and collectively help each other out, but on the other, knee-jerk reactions by some in the community assuming the worst in people and ideas is not good for anyone or any new projects in the cryptocommunity.

Every project deserves the benefit of the doubt and at least some time to respond before being convicted guilty - particularly this one, because it’s the first ICO that is focussing on humanitarian issues and publicly shaming it does no good for us inside the community and those looking from the outside in.

We’re happy to discuss these things publicly. We have a defined migration process for the tokens and for attaching a number to the total amount we’ll allow to be emitted once we get final data from our ICO. Anyone who has expertise in Blockchain technology and Ethereum are welcome to join Humaniq on Slack or leave feedback at GitHub. On Github you’re welcome to open new issues or send us a pull request. We’re open to all feedback and happy to discuss the solutions you propose and potentially implement the ones aligned with community opinion.

Humaniq Team

Any roadmap with dates, launch date? Exchange date?

this ico has been reviewed by icorating rating agency as "stable" which is good for imho. here are the details about review of their ico that you can see all the details including tokens distrubition, escrow, team;

http://icorating.com/project/30/Humaniq

and this is their full report;

https://docs.google.com/document/d/1eCY3Lp1s2B3ysUEW6ApG6Udeuooog3rEBHWsKpDIces

and summary of their report;

SUMMARIES

ICOrating assigns the "Stable" rating to the Humaniq project.

Advantages:

- A promising market direction of the project. Regions with the weak financial infrastructure have been monitored by traditional financial institutions and young fintech companies for a long time.
- Founders have effectively solved the user identification problem in the regions with low literacy rates by introducing bio identification tools.
- Infrastructural nature of the service opens great prospects for its development, by the possibility of connecting a potentially huge number of fintech services that will serve the users of the network.
- The founder of the project has extensive experience in the fintech and the blockchain industry.
- Huge scalability potential the project due to its infrastructural nature of the project and a huge number of people that are not covered by financial services.
- A detailed motivation system for ambassadors.
- Potentially serious competitive advantages.
- Successful Pre-ICO.
- Experienced team of technical specialists: Etherion Lab wrote smart-contracts for Waves and Ethereum ICO; VisionLab is a one of leading developer of bio identification solutions.

Weak points in the project include the following:

- Financial motivation of investors is based only on the long term growth of the token market value. There are no other types of reward for investors.
- Since the project is non-profit in nature, the model of further monetization of the platform is still poorly developed. So far the project has only a general outline of ideas, such as creating online jobs with charging fees for transactions by employers that offer remote work for the network users, for example, for viewing or editing content.
- The value of the network, and as a therefore of the tokens, will grow as the number of active users increases, so there is no expectation of an "explosive growth" for the token value. Humaniq is a long-term investment project.
- The introduction of bio identification for the ease of use has weakened the security of users’ funds and the network itself (standard passwords and authentication means are currently more reliable than bio identification), it will be necessary to develop new solutions to protect the data and prevent illegal release of tokens.

At the same time, it should be noted that the growth potential for the token value is of a long-term nature. So investors shouldn’t expect an active growth after the start of the secondary trading and the speculative potential in this case is minimal. As the user base of the project grows, as well as the number of projects connected to the infrastructure, their exchange value will grow, which in the long term can be very profitable.

Due to the long-term prospect of potential growth of the exchange value of tokens, the question whether to buy them during the ICO, or at the secondary market is quite natural. While there is no need to expect a strong price drop at the beginning of the secondary trading, the bonus system at the start of crowdsale gives quite significant benefits to investors.

The fact that the project aims to solve real and objective issues is a substantial advantage as well as a clearly defined target audience.

The potential of the market not covered by financial services is being discussed by both traditional financial institutions and fintech companies for a long time. It was only a matter of time before the first project, that aims to solve this problem would appear. It is not surprising that it came from the blockchain industry since the technology of the distributed database itself solves many problems that prevented traditional players from entering this market.

In our opinion, the team has all the necessary competencies and experience to implement the announced goals of the project.

I hope we will know soon here what is happenng. I saw last few days many ads on TVE for Humaniq but why are people here saying it is a scam? I would like to have more insights into this as it looked like a good project to me.

@Alex_Fork met up with @VitalikButerin today.  More details soon.
www.humaniq.co

Interview with Richard Kastelein at Blockshow Europe 2017
https://www.youtube.com/watch?v=6n6EBupfj-o

yeah you are wiring the money out from the accounts and preparing your exit !!!

 I believe they can answer it clearly. Ill wait for the answers hope not only in slack but make it public here in this thread also.