[ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 25.

jacaf01

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The revolutionary trading ecosystem

Quote from: kalpit on November 19, 2016, 04:36:00 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

This is a new angle to it, launch their DAO on wings platform, but the issue is their token distribution, it was fixed for distribution, assuming Inchain sell their token like 1ETH = 100 Inchain tokens the team can decide to continue with the platform with the fund raise now and when development has reached a certain confidence level, they can later come out for second ICO

metropolia

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Officially dead? What a pity, great idea but fund is short, it is all-in or nothing game, you work for many months but got 0 funds, so does campaign guys

Paidi

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Quote from: Kazadar on November 19, 2016, 08:41:48 AM

Quote from: kalpit on November 19, 2016, 08:37:32 AM

He could have simply said no, there were no chances of deploying the tokens with funding. Recently Sergey also said that they are discussing many questions. Maybe, they are planning to make some changes to their business model to start with current investment.
The next important thing would be the investments in insurance linked bonds. If there are not enough investments in it too, then the project may fail.

They are looking into doing the project with VC funding or similar.

The money invested will be returned if their 1.75M target isnt met. But they may find another way to continue the project.

I also hope that if this project fails they search for a solution and continue with a better offer
I think one of the reasons for the failure of this project is scheduled to coincide with the other ICO
so investors have many options to invest so for the next project should consider it.

BTCSpearo

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Quote from: JeffBrad12 on November 20, 2016, 07:44:06 PM

Quote from: BTCSpearo on November 20, 2016, 07:20:06 PM

I very much liked the value proposition of this project as well as the open an honest communication between the Devs and the community. Unfortunately the road map and organizational structure was less than ideal and I didn't feel I would see an ROI for a very long time. The project seems a bit directionless. I hope they can re-group and find a different way forward, because a DAO focused on providing insurance to the crypto community is a much needed asset to the developing infrastructure of this new economy. Best of Luck.

Nope, you can read all of the sentences in this link. I mostly agree with a lot of penalties has mentioned by him.https://medium.com/@danielzakrisson/the-crowdsale-analyst-inchain-where-is-the-market-113d6b14e0ab#.7pzsmvc96

Fair points, I still think there's a place for insurance in the Crypto space. Augur and Gnosis may be accurate, but every now and then the swarm will be wrong and it will be nice to have insurance. Maybe decentralized exchanges and multi coin wallets will make exchange insurance obsolete but perhaps escrows will be a point of centralization and therefore wish to insure funds as crowdfunding in this format proves to be an effective way to raise capital. I don't really know the answers, but I think centralization is not going to disappear entirely, nor should it, and distributed form of insurance may make some sense for an evolving ecosystem. Unfortunately now is probably not the time for Inchain to succeed.

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

Quote from: BTCSpearo on November 20, 2016, 07:20:06 PM

I very much liked the value proposition of this project as well as the open an honest communication between the Devs and the community. Unfortunately the road map and organizational structure was less than ideal and I didn't feel I would see an ROI for a very long time. The project seems a bit directionless. I hope they can re-group and find a different way forward, because a DAO focused on providing insurance to the crypto community is a much needed asset to the developing infrastructure of this new economy. Best of Luck.

Nope, you can read all of the sentences in this link. I mostly agree with a lot of penalties has mentioned by him.https://medium.com/@danielzakrisson/the-crowdsale-analyst-inchain-where-is-the-market-113d6b14e0ab#.7pzsmvc96

vincetcm

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I bought it at 1btc

BTCSpearo

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I very much liked the value proposition of this project as well as the open an honest communication between the Devs and the community. Unfortunately the road map and organizational structure was less than ideal and I didn't feel I would see an ROI for a very long time. The project seems a bit directionless. I hope they can re-group and find a different way forward, because a DAO focused on providing insurance to the crypto community is a much needed asset to the developing infrastructure of this new economy. Best of Luck.

mone1

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Quote from: puremage111 on November 19, 2016, 04:14:35 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

Quote from: famiextrem on November 19, 2016, 02:23:07 AM

Quote from: btcdie on November 19, 2016, 02:08:38 AM

Quote from: famiextrem on November 19, 2016, 02:04:01 AM

Quote from: btcdie on November 19, 2016, 01:58:37 AM

So, the goal for this project is 2000 btc?

For now,there is no goal for this project.I mean there is no cap for the fund raising.

Ok, if not goal at the end ico, it will be close the project and refund?

According to the ICO terms you should get a refund if the minimum amount is not collected during the crowdfund.

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Gotta agree, there's too much potential ICO this 2 month. Golem, SingulardTV, Iconomi, Wings, Komodo, Vdice, First Blood. Usually the one which are builded on ETH Platform has better succeed rate

I agree with you, and maybe inital delay of the ico was also a problem for some people......

electronicash

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Quote from: altcoinrich on November 19, 2016, 08:39:46 AM

Quote from: kalpit on November 19, 2016, 08:37:32 AM

Quote from: chousbwxx on November 19, 2016, 04:38:32 AM

Quote from: kalpit on November 19, 2016, 04:36:00 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

Dev confirmed before that they would not continue if the fund is fully raised, so he will surely get refund.

But later on he said,

Quote from: Sergey_Inchain on November 18, 2016, 05:35:30 AM

Quote from: famiextrem on November 18, 2016, 05:33:45 AM

Is that possible to launch the project with the current fund raising?

I'm not sure.

He could have simply said no, there were no chances of deploying the tokens with funding. Recently Sergey also said that they are discussing many questions. Maybe, they are planning to make some changes to their business model to start with current investment.
The next important thing would be the investments in insurance linked bonds. If there are not enough investments in it too, then the project may fail.

Chaning terms to get fund even they have not enough fund, i consider it is a bad choice, men should not keep promise, he should not be a man. Sad

We just need to check first what they've come up. maybe its something to consider because its something of a waste if we just throw these all away.
Maybe they can discuss things first.

Kazadar

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Quote from: kalpit on November 19, 2016, 08:37:32 AM

He could have simply said no, there were no chances of deploying the tokens with funding. Recently Sergey also said that they are discussing many questions. Maybe, they are planning to make some changes to their business model to start with current investment.
The next important thing would be the investments in insurance linked bonds. If there are not enough investments in it too, then the project may fail.

They are looking into doing the project with VC funding or similar.

The money invested will be returned if their 1.75M target isnt met. But they may find another way to continue the project.

altcoinrich

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Activity: 588

Merit: 501

Quote from: kalpit on November 19, 2016, 08:37:32 AM

Quote from: chousbwxx on November 19, 2016, 04:38:32 AM

Quote from: kalpit on November 19, 2016, 04:36:00 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

Dev confirmed before that they would not continue if the fund is fully raised, so he will surely get refund.

But later on he said,

Quote from: Sergey_Inchain on November 18, 2016, 05:35:30 AM

Quote from: famiextrem on November 18, 2016, 05:33:45 AM

Is that possible to launch the project with the current fund raising?

I'm not sure.

He could have simply said no, there were no chances of deploying the tokens with funding. Recently Sergey also said that they are discussing many questions. Maybe, they are planning to make some changes to their business model to start with current investment.
The next important thing would be the investments in insurance linked bonds. If there are not enough investments in it too, then the project may fail.

Chaning terms to get fund even they have not enough fund, i consider it is a bad choice, men should not keep promise, he should not be a man. Sad

kalpit

sr. member

Activity: 560

Merit: 250

Quote from: chousbwxx on November 19, 2016, 04:38:32 AM

Quote from: kalpit on November 19, 2016, 04:36:00 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

Dev confirmed before that they would not continue if the fund is fully raised, so he will surely get refund.

But later on he said,

Quote from: Sergey_Inchain on November 18, 2016, 05:35:30 AM

Quote from: famiextrem on November 18, 2016, 05:33:45 AM

Is that possible to launch the project with the current fund raising?

I'm not sure.

He could have simply said no, there were no chances of deploying the tokens with funding. Recently Sergey also said that they are discussing many questions. Maybe, they are planning to make some changes to their business model to start with current investment.
The next important thing would be the investments in insurance linked bonds. If there are not enough investments in it too, then the project may fail.

kurniajim

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Decentralised Amazon & ICO Hub

when inchain distributed? 2017? Huh

killerjoegreece

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Professional Native Greek Translator (2000+ done)

Greek Ann is updated https://bitcointalksearch.org/topic/inchain-ethereum-based-insurance-platform-1607220

nowclever

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Quote from: electronicash on November 19, 2016, 04:48:15 AM

so there is no plan to develop the first phase and continue seconds ICO for the second phase?
seem like they didn't plan ahead of time for this. the refund is much of a work than doing an ico for the 2nd time to acquire the required funds.

Their tech and business plan is not enough to raise 1.75M USD, ark, wings, much better than inchain but only raise less than 2k btc so far, 1.75M is a dream

electronicash

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Activity: 3178

Merit: 1054

so there is no plan to develop the first phase and continue seconds ICO for the second phase?
seem like they didn't plan ahead of time for this. the refund is much of a work than doing an ico for the 2nd time to acquire the required funds.

chousbwxx

full member

Activity: 172

Merit: 100

Quote from: kalpit on November 19, 2016, 04:36:00 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

Dev confirmed before that they would not continue if the fund is fully raised, so he will surely get refund.

kalpit

sr. member

Activity: 560

Merit: 250

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Maybe, you won't get refund. They can try to start the project with the money they in ico.

It would be good for everyone, I think. Huh

Or they can launch it as an DAO on wings in January 2017.

chousbwxx

full member

Activity: 172

Merit: 100

Quote from: puremage111 on November 19, 2016, 04:14:35 AM

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

Quote from: famiextrem on November 19, 2016, 02:23:07 AM

Quote from: btcdie on November 19, 2016, 02:08:38 AM

Quote from: famiextrem on November 19, 2016, 02:04:01 AM

Quote from: btcdie on November 19, 2016, 01:58:37 AM

So, the goal for this project is 2000 btc?

For now,there is no goal for this project.I mean there is no cap for the fund raising.

Ok, if not goal at the end ico, it will be close the project and refund?

According to the ICO terms you should get a refund if the minimum amount is not collected during the crowdfund.

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Gotta agree, there's too much potential ICO this 2 month. Golem, SingulardTV, Iconomi, Wings, Komodo, Vdice, First Blood. Usually the one which are builded on ETH Platform has better succeed rate

Golem and iconomi are the biggest ones, people now are not manic investing because there were many scams, like opair and declouds, so people invest much, finally find inchain is not the hot one, that is why inchain got dropped.

puremage111

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Merit: 511

Quote from: JeffBrad12 on November 19, 2016, 03:50:08 AM

Quote from: famiextrem on November 19, 2016, 02:23:07 AM

Quote from: btcdie on November 19, 2016, 02:08:38 AM

Quote from: famiextrem on November 19, 2016, 02:04:01 AM

Quote from: btcdie on November 19, 2016, 01:58:37 AM

So, the goal for this project is 2000 btc?

For now,there is no goal for this project.I mean there is no cap for the fund raising.

Ok, if not goal at the end ico, it will be close the project and refund?

According to the ICO terms you should get a refund if the minimum amount is not collected during the crowdfund.

The refund is near to this project. The minimum requirement won't get reach soon. And all of the amounts will be getting a return to the hand of the investor. the competition in ico is very strict at this time.

Gotta agree, there's too much potential ICO this 2 month. Golem, SingulardTV, Iconomi, Wings, Komodo, Vdice, First Blood. Usually the one which are builded on ETH Platform has better succeed rate

Topic: [ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 25. (Read 109157 times)