Topic: 📌 [ANN] 📢 [ICO] 💰 COINVEST 📈 DECENTRALIZED STOCK MARKET FOR CRYPTOCURRENCIES 📊 - page 38. (Read 66122 times)

Did you know that if you contribute in our token sale when ETH is lower than $700 USD, you are getting a higher bonus than our 1100 COIN = $700 USD conversion rate? Read here for more details:  https://goo.gl/Rcrmgr

It is not clear what happens in this week, is all right? some people talking about the scam. what happend?
I drew attention that this what newcomers write. toli toli intrigues of competitors who then took offense

As you said, you are not the only company who deals with some issues at the moment, the whole market it's in a big dip as well as other ICOs that are live right now! I'm glad I have managed to buy my COIN tokens and store them safe, and actually there is a good thing in this dip as I bought my tokens cheaper than I thought! But anyway, we have a few weeks untill the end of ICO, and, who knows, maybe al least $15 M will be raised! Either way I am supporting you, you are a great team!

For secure and efficient communications with our community, we are migrating our public communications from Telegram to Discord. We'll open up different rooms to help facilitate clearer communications and engagement. Join here: https://discord.gg/ZAyB8VV

Thanks for the support and interest.  Our min cap is $1M and we’be raised nearly a total of $5M. According to our analytics and our industry data, our results have been impacted by the two corrections in February and the latest market correction in March. We saw a decline in registrations since these events. We also see other peers in the industry holding token sales being impacted as well. We've written an article on this based upon our analysis:  https://medium.com/@CoinvestHQ/coinvest-token-sale-waterfall-analysis-f1553135c22c

We will continue to execute to increase our overall raise; however, please note a $5–10M raise is still enough runway to support our overall mission and roadmap. (Please keep in mind that in the VC world of Silicon Valley, a $5–10M raise is typically a Series A round)

A full raise of $30M would have allocated $15M into our reserves, allow the company to take business risks, and deploy a number of initiatives to broaden the Coinvest brand. A raise of only $5–10M increases our reserve size to $20–25M (as unsold tokens are moved to the reserves) and still accomplishes our goals; however, puts us in an environment in which we are focused on a core set of products, take little risks, and ensure full diligence in our operating expenses.

Please note that unsold tokens will be moved to the reserve to collateralize the network.  The smart contract will manage them and they will only be distributed if a user has profited them in a trade.  That means they will not be in the available in market circulation (such as exchanges) until a user makes profit on trades.

In our current environment, we still feel very confident with our roadmap, team, and ability to execute our mission. We ask for your support in continuing to believe in Coinvest for the same reasons that sparked your interest in our company from the beginning. We are fully committed in this journey together and won’t let you down.

We are just as curious as you, and have been wondering why our contribution numbers are lower than expected. Our Analytics Director has performed a waterfall analysis to help us better understand the complete story. View our analysis here: https://goo.gl/Wdzjrq

Coinvest bounty programs are officially over.  Stakes data will be calculated/updated in spreadsheets this week.  Initial quarterly distributions will occur by April 6th.  COINVEST appreciate all the community support & look forward to you continuing this journey with COINVEST.

Did You Know: Coinvest COIN Protocol

As a reminder, all Coinvest bounty campaigns programs are officially over.  Stakes data will be calculated and updated in our spreadsheets this week.  Initial quarterly distributions will occur by April 6th.  We appreciate all of the community support to-date and look forward to you continuing this journey with us.

very good . Thank you. 5 million is a good figure, given the volatility of the market. and the sale of tokens is still going on or is it already over?

Raising closed to 5M$ is not really bad at all, and also this is a great news to your community here and to all your investors too.
Then by the way, what do you mean  by the unsold token will be moved to the reserve to collateralize the network? does it means it will not be burn? can you please clarify this one for me sir, thanks

Hi everyone.  You are correct.  This is very low and has surprised our team as well.  We've been reviewing our analytics and will be publishing an update on this soon.

According to our analytics and our industry data, our results have been impacted by a number of things:

-  Overall Market:  The two corrections in February and the latest marketer correct in March. We saw a decline in registrations since these events. We also see other peers in the industry holding token sales being impacted by the latest market corrections as well.
-  Scam Attempts:  The morning of our token sale, hackers and scammers flooded our servers and communications channels with DDOS attacks (traffic) that overloaded our servers which crippled our ability to proceed with our site loading, email sign-ups, email verification, etc.   They also created imposter accounts and channels and directly reached out to our investors and misguided them with false wallet addresses.  Investors that experience FOMO and did not take our instructions over the past month were impacted.
-  Lack of Marketing:  Given the strong demand velocity in the registrations we received, we scaled back or delayed specific marketing activities and announcements.  We have now discovered that the recent market weaknesses eliminated a lot of that original interest.  Therefore, we will be kicking up our marketing efforts and resuming planned marketing activities.

We hope to turn things around; however, if we only raise $5 - 10M, it will still be enough runway to support our overall mission and roadmap.  (Please keep in mind that in the VC and world of Silicon Valley, a $5 - 10M raise is typically a Seed A round)

A full raise of $30M would have allowed us to take business risks and deploy a number of initiatives that could help broaden the Coinvest brand.  A raise of $5 - 10M still accomplishes our goals; however, puts us in an environment in which we are focused on one path, take no risks, and ensure full diligence in our operating expenses.

We still feel very confident with our roadmap, team, and ability to execute our mission with this raise.  We ask for your support in continuing to believe in Coinvest for the same reasons that sparked your interest in our company from the beginning.  

Hi Aknoe -

Due to hackers overloading our website with DDOS traffic, it brought down the ability for our users to create accounts.  The Coinvest token sale is still in progress.  Please visit https://ico.coinve.st and follow our investment guide to aid you in your experience:  https://goo.gl/oDSN1K

The token sale is open to all countries; however, US investors must be accredited and can go through the verification process here:  https://accreditation.coinve.st

The min cap is $1M and we’be raised nearly a total of $5M. According to our analytics and our industry data, our results have been impacted by the two corrections in February and the latest marketer correct in March. We saw a decline in registrations since these events. We also see other peers in the industry holding token sales being impacted by the latest market corrections as well.

Please note that unsold tokens will be moved to the reserve to collateralize the network.

This is the bonus, I mean 100 COIN is 10% bonus! With no bonus you would've got 1000 COIN/ETH ! It's true that bonus was a little higher on presale, around 25% , but 10% is really good considering that we are on ICO stage!

tell me please at what stage is the project now? Do you currently sell tokens? if so, how long will it last? and do you have soft cap and hard cap?

The Coinvest token sale is in progress.  Please visit https://ico.coinve.st and follow our investment guide to aid you in your experience:  https://goo.gl/oDSN1K

The token sale is open to all countries; however, US investors must be accredited and can go through the verification process here:  https://accreditation.coinve.st

Thanks for the link. Looks like coinve.st website is having a bit of trouble, SSL certificate is invalid and showing connections on the site is insecure. It needs to be fixed ASAP!!

1ETH = 1100 COIN - this rate already includes 10% bonus
Unsold tokens will go to reserve.

You're absolutely right. Average January contribution amount according to investors requests was as much as $6500. A lot of people were afraid that 50ETH is too much for individual cap. As we can see on etherscan, everage contribution now is only about $1400. Market correction hot everyone.

It is true,that it is not bad.Couple of years ago this amount would be the normal.The question is if it is going to impact anything or not.If the sale is going to be like this until April i don't expect more than 10 mill raised,compared to the max cap/expected 33 mill/.So from investors point of view: is this going to impact the roadmap or not? I don't remember what will happen with the remaining unsold COINs. Will it be burned or just will go into the reserve? Ofc for us it is much better if it is burned.