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Topic: 📌 [ANN] 📢 [ICO] 💰 COINVEST 📈 DECENTRALIZED STOCK MARKET FOR CRYPTOCURRENCIES 📊 - page 42. (Read 66148 times)

full member
Activity: 504
Merit: 122
In order to be an accredited investor in the United States, the Wikipedia article states that you must show proof of $1,000,000.00 of liquidity. Does that mean that the token sale is only available to the rich? You have stated that you must be an accredited investor to take part in the coin sale, is this true??
You can see whole list fo requirments for US investor accreditation here https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-accredited-investors
If you don't meet the requirments you can still obtain COINs when they get listed on exchanges
newbie
Activity: 168
Merit: 0
In order to be an accredited investor in the United States, the Wikipedia article states that you must show proof of $1,000,000.00 of liquidity. Does that mean that the token sale is only available to the rich? You have stated that you must be an accredited investor to take part in the coin sale, is this true??
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
Have you seen the latest interview between our Founder and Crypto enthusiast CryptoBeadles?  Check out the conversation on YouTube here at https://goo.gl/iQzrmb.
newbie
Activity: 1
Merit: 0
Congrats on developing this innovative concept, I am interested. Two questions:

  • Are you planning that investments are 100% backed by reserve pools, or do you expect to start with a smaller reserve pool as some of the ICO proceeds will also go to fund the platform? In the event there is a discount/premium between client investments and the reserve pool, how will the community be able to look up this information in real-time?
  • The platform relies on exchanges not being regulated when there are no deposits/withdrawals in fiat currencies to avoid KYC requirements in opening accounts. If this one regulation were to be changed, do you have a plan for how you would react?

Many thanks!
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
Security is a high priority at Coinvest. We would like to share with you a few of the things we are doing in order to provide you with a secure and seamless experience for our upcoming token sale:  https://goo.gl/66AP1o
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
March 9th is just around the corner!  We've completed our security audits, MVP demo, and legal requirements to successfully prepare for our upcoming token sale.  Next week, we will announce our token sale time and release our token sale guide on March 6th.   The details will not be made available publicly and will only be sent to those that have registered at https://register.coinve.st.  You can verify your registration at https://verify.coinve.st.

For security purposes, the March 6th email will be our last correspondence leading up to the token sale.   If you receive communications on another date or from an email address that is not [email protected], it is fraudulent, should be deleted, and reported immediately.

While all countries are eligible to participate in our token sale, US investors must be accredited.  The accreditation verification process is currently open here and will close on March 8th.

Again, thank you for your support! We commit to keeping you updated and look forward to this journey together.


member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
Another great meeting between our founder, Damon Nam, and advisor, Pete Cashmore while in New York!  Look forward to a video from Pete and our team regarding his views on the blockchain industry soon.


sr. member
Activity: 476
Merit: 252
ImmVRse | Disrupting the VR industry
I noticed that many reviewers of the projects put good assessments of ICO Coinvest. I think the project has good prospects for both quick earnings and long-term investments! Moreover, participants in the bounty programs will be paid gradually!
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
Where can I actually DOWNLOAD a copy of the white paper? PDFs are pretty standard these days for white papers, except for this ICO.

I need to get copies of white papers for future reference, in case they change, as some have.
But I can't do that with this document on google docs because, for some strange reason, it's entirely locked down. I can't even copy and paste the content into a blank word document to get it that way.

Hi A56-7W -

We've intentionally locked the ability to download our whitepaper as we want to be to sole source of data / information regarding our business.  We didn't want to create confusion by having multiple versions of our whitepaper floating around the internet, potential fraud, copying, etc.


Hi.

This seems to me like a bit of a mealy-mouthed distraction where none is needed here for basic transparency. It's just a white paper.
For better or worse, I'm now thinking, "if there is nothing to hide, why act as if you're trying to hide something".

I'd like to think that potential investors that actually read white papers are intelligent enough not to be bamboozled by "multiple versions" of any document.
I don't know what it's like now, but in the olden days, some people liked to put dates and version numbers in their documents so others could tell new from old.
Alternatively, I like to do this thing called "asking the company directly for information".

I'd be interested to know more about the "potential fraud" angle since I've never before seen that in relation to any ICO white papers.
On the "copying" front, some potential investors like to do plagiarism checks on white papers, which means they are out of luck with yours being so locked down.
Although I'm sure there are "workarounds" out there for the determined.

Thanks for the feedback A56-7W.  Our response was really nothing more but to help explain that we want to minimize confusion as much as possible.  For example, when we originally created our whitepaper, our token economics were pegged to ETH.  In December, we updated this so that COIN was pegged to the USD in communicated here:  https://medium.com/@CoinvestHQ/coinvest-token-value-3083c010503f

Have one point of distribution for our whitepaper allowed us to update this information in one location... all within our control.  We found that many articles and reviews written about Coinvest prior to this change reflected older token economics which could potentially create confusion.  (These articles and reviews are still out on the Internet and have yet to be updated by those authors)  To prevent a situation like this, we determined it was appropriate to lock down the permissions of the whitepaper.  Especially in the event where we may need to make adjustments.

To the other points, we've seen examples where companies like Tron have fraudulently copied verbiage from other companies.  Again, we want to remove this risk from any other company whether they are competition or not.  Lastly, while there are savvy investors out there that can decipher between multiple versions of a document, we would rather not make that assumption for all of the investors across the board.  With that goal of providing accuracy and minimizing confusion, we believe that this is the best approach.  We hope that you understand our position on this rather than infer that we are attempting to hide something.

newbie
Activity: 55
Merit: 0
Where can I actually DOWNLOAD a copy of the white paper? PDFs are pretty standard these days for white papers, except for this ICO.

I need to get copies of white papers for future reference, in case they change, as some have.
But I can't do that with this document on google docs because, for some strange reason, it's entirely locked down. I can't even copy and paste the content into a blank word document to get it that way.

Hi A56-7W -

We've intentionally locked the ability to download our whitepaper as we want to be to sole source of data / information regarding our business.  We didn't want to create confusion by having multiple versions of our whitepaper floating around the internet, potential fraud, copying, etc.


Hi.

This seems to me like a bit of a mealy-mouthed distraction where none is needed here for basic transparency. It's just a white paper.
For better or worse, I'm now thinking, "if there is nothing to hide, why act as if you're trying to hide something".

I'd like to think that potential investors that actually read white papers are intelligent enough not to be bamboozled by "multiple versions" of any document.
I don't know what it's like now, but in the olden days, some people liked to put dates and version numbers in their documents so others could tell new from old.
Alternatively, I like to do this thing called "asking the company directly for information".

I'd be interested to know more about the "potential fraud" angle since I've never before seen that in relation to any ICO white papers.
On the "copying" front, some potential investors like to do plagiarism checks on white papers, which means they are out of luck with yours being so locked down.
Although I'm sure there are "workarounds" out there for the determined.
full member
Activity: 361
Merit: 100
You specify that "Terms and Conditions can be adjusted as needed" and you can change them at any time.
And you not answered my question: "If I get out of bounty program, then my bets will remain and I will be able to get the reward?"

as far as i know ,many campaigns  write this words at the end of rules , are there any changes from beginning ?
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
You specify that "Terms and Conditions can be adjusted as needed" and you can change them at any time.
And you not answered my question: "If I get out of bounty program, then my bets will remain and I will be able to get the reward?"

Yes.  If you leave the bounty program, you will still retain any stakes you have already earned except for our signature bounty campaign.  Signatures must remain through March 9th which is the end of all bounty campaigns.
So the Signature Campaign  will continue till March 9th or till April 6th?

Signatures must remain through March 9th which is the end of all bounty campaigns.
full member
Activity: 420
Merit: 105
You specify that "Terms and Conditions can be adjusted as needed" and you can change them at any time.
And you not answered my question: "If I get out of bounty program, then my bets will remain and I will be able to get the reward?"

Yes.  If you leave the bounty program, you will still retain any stakes you have already earned except for our signature bounty campaign.  Signatures must remain through March 9th which is the end of all bounty campaigns.
So the Signature Campaign  will continue till March 9th or till April 6th?
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
You specify that "Terms and Conditions can be adjusted as needed" and you can change them at any time.
And you not answered my question: "If I get out of bounty program, then my bets will remain and I will be able to get the reward?"

Yes.  If you leave the bounty program, you will still retain any stakes you have already earned except for our signature bounty campaign.  Signatures must remain through March 9th which is the end of all bounty campaigns.
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
Your terms are unfair. If I get out of bounty program, then my bets will remain and I will be able to get the reward?

What terms are unfair?  Can you clarify YulyNov?  Thanks.
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
The Manager does not answer the questions. How long will you continue your ICO? You still haven't set any time limits? Why is there no clarity and certainty on the timing? COINVEST is SCAM?

Hi YulyNov.  
As every standard token sale, we will continue our token sale period as long as there are tokens still available for purchase.  Once our max cap of $30M is reached, the sale will end, and the smart contract will close and all amounts contributed above that will be returned.

That is, your ICO can last for a year or two?

Our sale period is from March 9th - April 6th or the smart contract reaching our max cap of $30M.  Whichever one comes first.


it's clear now ,i think should update this info to communication channels . many early investors and bounty hunter need it .

Thanks.  It's been updated in all of our collateral for some time now.

hero member
Activity: 630
Merit: 500
The Manager does not answer the questions. How long will you continue your ICO? You still haven't set any time limits? Why is there no clarity and certainty on the timing? COINVEST is SCAM?

Hi YulyNov.  
As every standard token sale, we will continue our token sale period as long as there are tokens still available for purchase.  Once our max cap of $30M is reached, the sale will end, and the smart contract will close and all amounts contributed above that will be returned.

That is, your ICO can last for a year or two?

Our sale period is from March 9th - April 6th or the smart contract reaching our max cap of $30M.  Whichever one comes first.


it's clear now ,i think should update this info to communication channels . many early investors and bounty hunter need it .
member
Activity: 700
Merit: 14
Coin ● https://coindefi.org
The Manager does not answer the questions. How long will you continue your ICO? You still haven't set any time limits? Why is there no clarity and certainty on the timing? COINVEST is SCAM?

Hi YulyNov.  
As every standard token sale, we will continue our token sale period as long as there are tokens still available for purchase.  Once our max cap of $30M is reached, the sale will end, and the smart contract will close and all amounts contributed above that will be returned.

That is, your ICO can last for a year or two?

Our sale period is from March 9th - April 6th or the smart contract reaching our max cap of $30M.  Whichever one comes first.
full member
Activity: 420
Merit: 105
The Manager does not answer the questions. How long will you continue your ICO? You still haven't set any time limits? Why is there no clarity and certainty on the timing? COINVEST is SCAM?

Hi YulyNov.  
As every standard token sale, we will continue our token sale period as long as there are tokens still available for purchase.  Once our max cap of $30M is reached, the sale will end, and the smart contract will close and all amounts contributed above that will be returned.

That is, your ICO can last for a year or two?
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