[ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 77.

JUSTDLISK

sr. member

Activity: 457

Merit: 250

Bancor

Quote from: Kazadar on October 10, 2016, 01:11:54 PM

Quote from: JUSTDLISK on October 10, 2016, 12:35:34 PM

Why is the legal structure of this ICO being compared to the DAO?

And what gives Inchain tokens value?

Because Inchain will be run by a DAO, so having the legal framework in place will be important for investors.

I didn;t realise that creating an Ethereum DAO was still possible after the DAO hack.

baggle

full member

Activity: 240

Merit: 100

Quote from: Sergey_Inchain on October 10, 2016, 09:39:46 AM

Just reminder: today at 22:00 Moscow time Inchain team holds a Google Hangout meeting.

The link: https://hangouts.google.com/hangouts/_/inchain.io/inchain

You are welcomed)

Join in buddies

Dirar

newbie

Activity: 7

Merit: 0

Quote from: Sergey_Inchain on October 10, 2016, 03:17:10 PM

Guys, we are online here: https://hangouts.google.com/hangouts/_/inchain.io/inchain

Thank you for the online translation, though there were few people.
P.S Martin (Rus)

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Guys, we are online here: https://hangouts.google.com/hangouts/_/inchain.io/inchain

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Quote from: Kazadar on October 10, 2016, 01:11:54 PM

Quote from: JUSTDLISK on October 10, 2016, 12:35:34 PM

Why is the legal structure of this ICO being compared to the DAO?

And what gives Inchain tokens value?

Because Inchain will be run by a DAO, so having the legal framework in place will be important for investors.

Sure, Inchain token holders are those who manage the Inchain key decisions.
Decisions managed by Inchain token holders through voting:

Investment strategy of the Inchain insurance fund
ROI distribution including dividends to token holders
The election of the Insurance Committee
The election of the Investment Committee
Updating the Inchain smart-contracts
The insurance cases confirmation
Management of the Inchain insurance/investment model
Management of the Inchain rating model
Management of the Inchain insurance fund e.g. money transfer
Management of the Inchain Oracles (adding/deleting a sources and the oracle for it)

Kazadar

hero member

Activity: 658

Merit: 500

Quote from: JUSTDLISK on October 10, 2016, 12:35:34 PM

Why is the legal structure of this ICO being compared to the DAO?

And what gives Inchain tokens value?

Because Inchain will be run by a DAO, so having the legal framework in place will be important for investors.

JUSTDLISK

sr. member

Activity: 457

Merit: 250

Bancor

Why is the legal structure of this ICO being compared to the DAO?

And what gives Inchain tokens value?

ranggawulung

hero member

Activity: 672

Merit: 500

Quote from: ttg43 on October 10, 2016, 11:58:58 AM

Quote from: jujugoboom on October 10, 2016, 11:53:27 AM

Quote from: ranggawulung on October 10, 2016, 11:48:05 AM

===========================================

Hi Guys, just reminder: two more days to begin ico

I just read the news, ico delayed for 2 weeks, not a good sign.

What? Team just wants to do everything correct.

"Inchain ICO starts on 12th October 2016 and will last four weeks"
it means that the dev team will work in Earnest
I believe it Cool

ttg43

full member

Activity: 518

Merit: 100

Quote from: jujugoboom on October 10, 2016, 11:53:27 AM

Quote from: ranggawulung on October 10, 2016, 11:48:05 AM

===========================================

Hi Guys, just reminder: two more days to begin ico

I just read the news, ico delayed for 2 weeks, not a good sign.

What? Team just wants to do everything correct.

ranggawulung

hero member

Activity: 672

Merit: 500

Quote from: jujugoboom on October 10, 2016, 11:53:27 AM

Quote from: ranggawulung on October 10, 2016, 11:48:05 AM

===========================================

Hi Guys, just reminder: two more days to begin ico

I just read the news, ico delayed for 2 weeks, not a good sign.

are you sure 2 weeks? not 4 weeks?

jujugoboom

sr. member

Activity: 383

Merit: 250

Quote from: ranggawulung on October 10, 2016, 11:48:05 AM

===========================================

Hi Guys, just reminder: two more days to begin ico

I just read the news, ico delayed for 2 weeks, not a good sign.

ranggawulung

hero member

Activity: 672

Merit: 500

===========================================

Hi Guys, just reminder: two more days to begin ico

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Just reminder: today at 22:00 Moscow time Inchain team holds a Google Hangout meeting.

The link: https://hangouts.google.com/hangouts/_/inchain.io/inchain

You are welcomed)

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Quote from: extrabyte on October 10, 2016, 08:31:39 AM

Quote from: Sergey_Inchain on October 10, 2016, 02:12:04 AM

Quote from: Blue777 on October 10, 2016, 02:09:42 AM

can i participate this ico with any fiat currency,like usd?
thanks

Unfortunately nope. Only BTC & ETH will be acceptable

then I suggest to implement the other payment sources also. didn't you see how much ICNOMI got from fiat deposits?? people out of bitcoin also can join if you allow them to use more source to invest.
just a suggestion.

So, I will ask our escrow how to manage fiat investments.

extrabyte

legendary

Activity: 840

Merit: 1000

Quote from: Sergey_Inchain on October 10, 2016, 02:12:04 AM

Quote from: Blue777 on October 10, 2016, 02:09:42 AM

can i participate this ico with any fiat currency,like usd?
thanks

Unfortunately nope. Only BTC & ETH will be acceptable

then I suggest to implement the other payment sources also. didn't you see how much ICNOMI got from fiat deposits?? people out of bitcoin also can join if you allow them to use more source to invest.
just a suggestion.

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Quote from: Dhoe on October 10, 2016, 07:40:17 AM

Quote from: Sergey_Inchain on October 10, 2016, 04:35:54 AM

Quote from: Dhoe on October 10, 2016, 04:32:12 AM

Where the thread about list participant of this inchain signatures campaign ?

https://medium.com/@inchain/signature-campaign-details-3a24aec31c86

OK, thanks sir. Can i'm join twitter sigcamp ? where the list for joined and how about the rules ?

https://medium.com/@inchain/facebook-twitter-campaign-details-cc89915583c7

Dhoe

hero member

Activity: 1442

Merit: 510

Quote from: Sergey_Inchain on October 10, 2016, 04:35:54 AM

Quote from: Dhoe on October 10, 2016, 04:32:12 AM

Where the thread about list participant of this inchain signatures campaign ?

https://medium.com/@inchain/signature-campaign-details-3a24aec31c86

OK, thanks sir. Can i'm join twitter sigcamp ? where the list for joined and how about the rules ?

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Quote from: DimiZb on October 10, 2016, 07:13:02 AM

Quote from: Sergey_Inchain on October 10, 2016, 07:00:31 AM

Quote from: Cokezero on October 10, 2016, 06:51:11 AM

What does the 2 weeks difference change? How did you derive the 2 weeks?

We need it to finished Inchain legal scheme. As we wrote, we don't want to accept any investments before we will finish a clear legal structure of Inchain.

Some problem description placed here:
https://medium.com/@piersbxd/ethereum-fixing-the-legal-problem-of-the-dao-4cae1eea63a6
and here:
https://www.linkedin.com/pulse/how-sue-dao-stephen-palley.

Welcome to discuss)

Will you cancel the ico if you can't complete this legal problem? Many people have already joint the campaigns, so don't give the project up.

I'm sure we will find the decision.

Sergey_Inchain

full member

Activity: 140

Merit: 100

Full stack ICO tools & services

Quote from: JUSTDLISK on October 10, 2016, 07:08:25 AM

how does this coin gain value?

A token's start cost will be determined as [investments]/[85M] directly after ICO ends, because:

"The total tokens supply stands at 100 million.
15 million tokens are reserved for bounties and the development team in the following proportions:
- 1 million tokens will be distributed to early supporters. Please check additional details below.
- 5 million tokens are reserved for strategic partners and backers.
- 9 million tokens are withheld by the development team.
The remaining 85 million tokens will be distributed in the ICO procedure to participating users based on their contribution in the total amount of the funds raised. The sale procedure will be taking place at http://ico.inchain.io"

When the token will be listed on exchanges, it cost will depend on how successfully Inchain team works. I think so.

DimiZb

sr. member

Activity: 403

Merit: 250

Quote from: Sergey_Inchain on October 10, 2016, 07:00:31 AM

Quote from: Cokezero on October 10, 2016, 06:51:11 AM

What does the 2 weeks difference change? How did you derive the 2 weeks?

We need it to finished Inchain legal scheme. As we wrote, we don't want to accept any investments before we will finish a clear legal structure of Inchain.

Some problem description placed here:
https://medium.com/@piersbxd/ethereum-fixing-the-legal-problem-of-the-dao-4cae1eea63a6
and here:
https://www.linkedin.com/pulse/how-sue-dao-stephen-palley.

Welcome to discuss)

Will you cancel the ico if you can't complete this legal problem? Many people have already joint the campaigns, so don't give the project up.

Topic: [ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 77. (Read 109154 times)