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Topic: [ANN]🔹🔹🔹 ICO ENDED 22 December 2016 🔹🔹🔹 HackerGold (HKG) - page 16. (Read 39375 times)

full member
Activity: 210
Merit: 100
Any bounty campaign sir???
signature camp, social network camp etc

There's no pre-mine of HackerGold. We are building a community true to hackers nature, horizontally. We really hope you join us.
sr. member
Activity: 784
Merit: 250
Any bounty campaign sir???
signature camp, social network camp etc
full member
Activity: 210
Merit: 100
Another video pitch by one of the Hackathon's camps: PREZZO
https://www.youtube.com/watch?v=mxjPcaRvR3s
full member
Activity: 210
Merit: 100
The HKG volatility of the tokens will be structured as follows:

    2 months after the event is finished, 50% of the HKG amount will be released.

    3rd month will be linear monotonic release of the last 50% of the HKG tokens: 0.03 * 0.5 * (HKG collected).


This is the rate at which the entrepreneurs are given access to the HKG that was invested into them?
yes
legendary
Activity: 1372
Merit: 1000
The HKG volatility of the tokens will be structured as follows:

    2 months after the event is finished, 50% of the HKG amount will be released.

    3rd month will be linear monotonic release of the last 50% of the HKG tokens: 0.03 * 0.5 * (HKG collected).


This is the rate at which the entrepreneurs are given access to the HKG that was invested into them?
full member
Activity: 210
Merit: 100
Another video in our Camp-Zoom series, featuring Things Well Done:

https://www.youtube.com/watch?v=EALoVmDiugo&t=26s

full member
Activity: 210
Merit: 100
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?

There will only be one issuance of HackerGold. In the next editions backers will have to purchase HKG through exchanges/OTC.

ether.camp is committed to never allowing investment in any of the projects it facilitates with any token but HKG?  Won't that put ether.camp at a disadvantage compared to other accelerators?

There are two stages to backing the team. The initial one (using HKG) and the second one using any cryptocurrency.

Could you elaborate on this?  How do the stages come into play?

The first stage is the incubation period:

HKG allows you to acquire tokens initiated by the individual startups during the incubation period of the hackathon. Having these tokens, in turn, provides you with preferred voting rights on the way that funds are used to develop the applicable startup’s idea. Startups’ tokens issued after the hackathon do not come with preferred voting rights.

The amount of HKG collected by an individual team is a de facto crowd expression of the perceived potential of the project. As such, it provides a baseline for future crowdfunding by the team once the hackathon is over. The teams who collect the most HKG will have the largest acceptance by the crowd and will have a clear signal of the strength of their potential.

The second stage:
Post Accelerator Period 

After the incubation period of the event, the startups continue to evolve their prototype product into a functioning business by developing more features and presenting the user base with a product roadmap.

    It’s important to state that is not claiming any rights over the startups coming out from the Virtual Accelerator. The blockchain presence of the startups is completely under the control of their executive team.
    The startup will be allowed to initiate 5X more tokens immediately after the event is over. Where X is the number of tokens sold during the hackathon event. The tokens will be available to the general public directly for Ether. Tokens purchased in the second phase of the crowdfund will not come with preferred voting rights.
    The voting rights that early adopters have been given for HKG tokens acquired during the Virtual Accelerator will grant some control over the spending of funds and in very extreme cases changing the executive leaders. [See BlockChain Presence section]
    Collected HKG volatility - Startups can exchange their HKG tokens for leading cryptocurrencies whether that is Ether or Bitcoin. This process will be made gradual to encourage startups to continue their own kickstarter process, promoting the remainder of their tokens for sale.

    The HKG volatility of the tokens will be structured as follows:

    2 months after the event is finished, 50% of the HKG amount will be released.

    3rd month will be linear monotonic release of the last 50% of the HKG tokens: 0.03 * 0.5 * (HKG collected).


I really hope this helps clarifying things. Here to answer any more questions  Wink

legendary
Activity: 1722
Merit: 1000
    Who will answer me why in the Contract Address HackerGold - ETH Balance: 0 Ether  Huh

https://etherscan.io/address/0xb582baaf5e749d6aa98a22355a9d08b4c4d013c8

Because the contract automatically sends received funds onwards to a multisig address, I believe.

At the same time it sends HGK to the contributor address of choice.


Anyway seems like more of the community is showing support for HKG.
Nearly 700K with about 6 weeks to go! Congrats!
legendary
Activity: 1372
Merit: 1000
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?

There will only be one issuance of HackerGold. In the next editions backers will have to purchase HKG through exchanges/OTC.

ether.camp is committed to never allowing investment in any of the projects it facilitates with any token but HKG?  Won't that put ether.camp at a disadvantage compared to other accelerators?

There are two stages to backing the team. The initial one (using HKG) and the second one using any cryptocurrency.

Could you elaborate on this?  How do the stages come into play?
full member
Activity: 210
Merit: 100
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?

There will only be one issuance of HackerGold. In the next editions backers will have to purchase HKG through exchanges/OTC.

ether.camp is committed to never allowing investment in any of the projects it facilitates with any token but HKG?  Won't that put ether.camp at a disadvantage compared to other accelerators?

There are two stages to backing the team. The initial one (using HKG) and the second one using any cryptocurrency.
full member
Activity: 210
Merit: 100
legendary
Activity: 1372
Merit: 1000
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?

There will only be one issuance of HackerGold. In the next editions backers will have to purchase HKG through exchanges/OTC.

ether.camp is committed to never allowing investment in any of the projects it facilitates with any token but HKG?  Won't that put ether.camp at a disadvantage compared to other accelerators?
full member
Activity: 210
Merit: 100
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?

There will only be one issuance of HackerGold. In the next editions backers will have to purchase HKG through exchanges/OTC.
legendary
Activity: 1372
Merit: 1000
Will HKG be the only token that can be used to fund ether.camp projects from now on, or only for this second hackathon?
full member
Activity: 210
Merit: 100
New video out in our CampZoom series (featuring a pitch from etherisc):
https://www.youtube.com/watch?v=GKQMqX0Df98


That's a great video showing the actual team and their ambitions. Looking fwd to see more.


Thanks, we hope that more and more teams will pitch by video.
hero member
Activity: 882
Merit: 548
    Who will answer me why in the Contract Address HackerGold - ETH Balance: 0 Ether  Huh

https://etherscan.io/address/0xb582baaf5e749d6aa98a22355a9d08b4c4d013c8

Because the contract automatically sends received funds onwards to a multisig address, I believe.

At the same time it sends HGK to the contributor address of choice.


Anyway seems like more of the community is showing support for HKG.
Nearly 700K with about 6 weeks to go! Congrats!

              Thanks for the detailed answer! That he understood where everything is stored!
   https://etherscan.io/address/0xed42264e005d9052799a5971e439d5353bdb3f24
full member
Activity: 210
Merit: 100
If you're in London on Nov 15th join us on Bricklane for a live AMA (and free drinks)
https://t.co/RCIDpx3IVK
full member
Activity: 210
Merit: 100
This ICO seems to have attracted a fair amount of controversy.  Can anyone sum up the objections that have been raised from an investor's perspective?

Happy to answer any concerns/questions..
We're having ongoing discussions with the community. This is our second event and we'll all progress together towards number three Smiley The code for HKG is out for a while and has been audited. DST contracts are being audited as we speak. all audits were done by top community members and all are public.

I read that there is no limit on the amount of HKG that can be created.  Can HKG still be created after the crowdsale?

No, once the token sale finishes (22nd December 2016) HKG can only be obtained through exchanges.
https://medium.com/zeppelin-blog/ethercamps-hacker-gold-hkg-public-code-audit-b7dd3a2fe43b#.xsu0b5bb9
legendary
Activity: 1372
Merit: 1000
This ICO seems to have attracted a fair amount of controversy.  Can anyone sum up the objections that have been raised from an investor's perspective?

Happy to answer any concerns/questions..
We're having ongoing discussions with the community. This is our second event and we'll all progress together towards number three Smiley The code for HKG is out for a while and has been audited. DST contracts are being audited as we speak. all audits were done by top community members and all are public.

I read that there is no limit on the amount of HKG that can be created.  Can HKG still be created after the crowdsale?
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