[ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 60.

Sergey_Inchain

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Quote from: SpacemanOne on October 21, 2016, 07:47:43 PM

Quote from: Sergey_Inchain on October 21, 2016, 02:09:42 AM

Quote from: SpacemanOne on October 20, 2016, 07:30:35 PM

I did my own market analysis (if you are interested I can post the detailed info at some blog later)

Thank you. You really did a good job.
It will greatable if you will post the details as soon as possible.

Let's up spend some time to explore it.

The details are here.

Great analysis, thank you.
You forget about ETH.

Sergey_Inchain

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Quote from: mone1 on October 21, 2016, 08:00:46 PM

what kind of legal form is your company, and where is it based?
I didn't read anything about it...

There is no company yet. After ICO ends we will register a company as a service provider for the Inchain DAO. Inchain DAO is not a legal entity.

Sergey_Inchain

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Quote from: SpacemanOne on October 21, 2016, 09:04:17 PM

Quote from: Sergey_Inchain on October 21, 2016, 09:23:31 AM

In the model, the list of exchanges pointed as an example.

As I can see now the whole model is an example that could possible be implemented and could possibly not. Excuse me, I thought it was a real model, not an example. Why? Maybe because there were no writings like 'This is an example', 'Do not take it serious' or 'our future financial model is not defined yet', 'this is just a concept', etc.
I've read your blog post carefully, examined all the details, tried to verify your numbers. I spent some time studying it. And now it turns out this is just an example and your real financial model may be absolutely different.
You can consider me as your first fooled potential investor.
The only thing we know for sure about the model is that there will be some insurance for exchanges and web wallets. Please correct me if I'm wrong.

Hi, thank for the opinion.
You are wrong. This model demonstrates operational financial scheme of Inchain. As I wrote, the list of exchanges is an example, to understand what exchanges & web-wallets may participate in insurance process we need to finalise risk model and check every exchange & web-wallet to assess their risk rating. Only after that it will possible to decide which exchanges or web-wallets have enough risk rating to participate in Inchain insurance.

Sergey_Inchain

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Quote from: SpacemanOne on October 21, 2016, 07:47:43 PM

Quote from: Sergey_Inchain on October 21, 2016, 02:09:42 AM

Quote from: SpacemanOne on October 20, 2016, 07:30:35 PM

I did my own market analysis (if you are interested I can post the detailed info at some blog later)

Thank you. You really did a good job.
It will greatable if you will post the details as soon as possible.

Let's up spend some time to explore it.

The details are here.

Thank you!

kicauklaten

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Quote from: jhon conor on October 21, 2016, 07:52:43 PM

when ico inchain start?

26th october 2016 ico inchain start

SpacemanOne

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Quote from: Sergey_Inchain on October 21, 2016, 09:23:31 AM

In the model, the list of exchanges pointed as an example.

As I can see now the whole model is an example that could possible be implemented and could possibly not. Excuse me, I thought it was a real model, not an example. Why? Maybe because there were no writings like 'This is an example', 'Do not take it serious' or 'our future financial model is not defined yet', 'this is just a concept', etc.
I've read your blog post carefully, examined all the details, tried to verify your numbers. I spent some time studying it. And now it turns out this is just an example and your real financial model may be absolutely different.
You can consider me as your first fooled potential investor.
The only thing we know for sure about the model is that there will be some insurance for exchanges and web wallets. Please correct me if I'm wrong.

mone1

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what kind of legal form is your company, and where is it based?
I didn't read anything about it...

jhon conor

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when ico inchain start?

SpacemanOne

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Quote from: Sergey_Inchain on October 21, 2016, 02:09:42 AM

Quote from: SpacemanOne on October 20, 2016, 07:30:35 PM

I did my own market analysis (if you are interested I can post the detailed info at some blog later)

Thank you. You really did a good job.
It will greatable if you will post the details as soon as possible.

Let's up spend some time to explore it.

The details are here.

Sergey_Inchain

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Quote from: xtyling on October 21, 2016, 05:10:24 PM

Is the excel spreadsheet being updated ?

All campaigns except survey are updated every Saturday.

Sergey_Inchain

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Quote from: mendra_2009 on October 21, 2016, 05:08:44 PM

Hi Sergey_Inchain,
Inchain survey not updated?

Hi, it not needs to be updated. It will be active before the end of ICO. Then, the survey shares tokens will be distributed to all survey participants.

pawel7777

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Quote from: Sergey_Inchain on October 21, 2016, 01:09:49 PM

...

Quote from: pawel7777 on October 21, 2016, 10:04:19 AM

Side question: Have you got any bitcointalk signature campaign participants? If so, how many? If there are only few of them, will you still stick to the fixed 250k signature bounty? The reward could be disproportionately high for the effort.

Yes, campaigns stats here: https://docs.google.com/spreadsheets/d/1ZDwUJeTStAzD4QtxM2gqNSaXm5LgMRgKUU0OXs9vEBI
Because of the campaign will active before the end of ICO we awaiting more participants.

That's quite a lot of participants actually. I assumed there were only a few as I rarely see anyone with inchain's signature.

xtyling

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Is the excel spreadsheet being updated ?

mendra_2009

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Hi Sergey_Inchain,
Inchain survey not updated?

Sergey_Inchain

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Quote from: pawel7777 on October 21, 2016, 10:04:19 AM

The fact that you agreed on using escrow is reassuring. Have you already agreed on milestones, upon which the funds will be released?

Yes, but regarding last Inchain's concept changes we will change the milestones a bit to make them more frequently.

Quote from: pawel7777 on October 21, 2016, 10:04:19 AM

Also, both escrow providers seem solid, but your minimum ICO goal is set at ~2,780 btc, that's 1,390 btc for each of them. Although they are (very) trusted, none of them have ever held funds even close to such amount. Are you going to use multisig or will you let them fully control the funds?

We will use multisig 3-4 where 2 keys holds escrow, 1 key for me and 1 key for Dmitry.

Quote from: pawel7777 on October 21, 2016, 10:04:19 AM

Side question: Have you got any bitcointalk signature campaign participants? If so, how many? If there are only few of them, will you still stick to the fixed 250k signature bounty? The reward could be disproportionately high for the effort.

Yes, campaigns stats here: https://docs.google.com/spreadsheets/d/1ZDwUJeTStAzD4QtxM2gqNSaXm5LgMRgKUU0OXs9vEBI
Because of the campaign will active before the end of ICO we awaiting more participants.

pawel7777

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Quote from: Sergey_Inchain on October 21, 2016, 01:54:16 AM

Quote from: pawel7777 on October 20, 2016, 06:08:13 PM

Haven't followed this thread lately - have you managed to provide any proof of identity of any of the dev team? Perhaps any video interview etc?
Have you decided on escrowing funds? If so, any details?

Hi,

Yes, we already made 2 google hangouts, some fragment you can see here: https://www.youtube.com/watch?v=arYVrqo-ICI
Also, proof from Ambisafe: https://www.ambisafe.co/blog/inchain-announcement/

Next hangout is scheduled next Tuesday.

We have two escrow: https://bitcointalksearch.org/topic/m.16364022

Thanks for replying.

The fact that you agreed on using escrow is reassuring. Have you already agreed on milestones, upon which the funds will be released?

Also, both escrow providers seem solid, but your minimum ICO goal is set at ~2,780 btc, that's 1,390 btc for each of them. Although they are (very) trusted, none of them have ever held funds even close to such amount. Are you going to use multisig or will you let them fully control the funds?

Side question: Have you got any bitcointalk signature campaign participants? If so, how many? If there are only few of them, will you still stick to the fixed 250k signature bounty? The reward could be disproportionately high for the effort.

Sergey_Inchain

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Quote from: SpacemanOne on October 21, 2016, 09:42:40 AM

Quote from: Sergey_Inchain on October 21, 2016, 09:23:31 AM

Yes, we did not analyze exchanges yet. For this needs the finalised insurance model that is in progress. In the model, the list of exchanges pointed as an example.

From your financial model:

Quote

First of all, we analyzed the crypto services market to understand how much crypto services we can insure.

You did a great analysis. One of the exchanges is decentralized and can't be insured and another one is insured already.

Quote from: Sergey_Inchain on October 21, 2016, 09:23:31 AM

In the model, the list of exchanges pointed as an example.

SpacemanOne

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Quote from: Sergey_Inchain on October 21, 2016, 09:23:31 AM

Yes, we did not analyze exchanges yet. For this needs the finalised insurance model that is in progress. In the model, the list of exchanges pointed as an example.

From your financial model:

Quote

First of all, we analyzed the crypto services market to understand how much crypto services we can insure.

You did a great analysis. One of the exchanges is decentralized and can't be insured and another one is insured already.

Sergey_Inchain

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Quote from: raiblock on October 21, 2016, 09:35:59 AM

I didn't understand or you must update your blog with a clear info
'Inchain ICO will commence on October 26, 2016 and end on November 23, 2016'
As i know ico is not started yet.but what i read is
'- First ICO week bonus. Users who invest in Inchain tokens in October, 12–18 receive a bonus of 20%'
Source: https://medium.com/@inchain/inchain-ico-structure-and-timeline-a7043d90daef#.vgafxjcw8
You also need to state your ICO date here: https://medium.com/@inchain/postponing-the-start-of-our-ico-for-two-weeks-a35c92d2a272#.sgmpldwcp
Or people will confused who not active on forum.Make a fresh blog post with all updated info

So the exact ICO date is 26/10/2016 right?

Yes, thank you for info, will fix immediately.

raiblock

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I didn't understand or you must update your blog with a clear info
'Inchain ICO will commence on October 26, 2016 and end on November 23, 2016'
As i know ico is not started yet.but what i read is
'- First ICO week bonus. Users who invest in Inchain tokens in October, 12–18 receive a bonus of 20%'
Source: https://medium.com/@inchain/inchain-ico-structure-and-timeline-a7043d90daef#.vgafxjcw8
You also need to state your ICO date here: https://medium.com/@inchain/postponing-the-start-of-our-ico-for-two-weeks-a35c92d2a272#.sgmpldwcp
Or people will confused who not active on forum.Make a fresh blog post with all updated info

So the exact ICO date is 26/10/2016 right?

Topic: [ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 60. (Read 109154 times)