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Topic: [ANN] [ICO is complete!] Market.space - Decentralized Host Aggregator - page 36. (Read 6880 times)

sr. member
Activity: 568
Merit: 255
I'm generally interested in marketplace concept in ICOs, I think it's the best field to apply the 'decentralization' idea...but let's face it, SIA.tech, Storj or Cryptyk can also ask prof hosts to enter. At least they don't create any barriers that would prevent professionals from joining.

It's hard to disagree, no barriers for professionals, but no barriers for users with ordinary desktops as well
jr. member
Activity: 84
Merit: 2
Hello everybody  Wink
On the surface, guys, this idea sounds promising, but what is your benifit? How do you make money if there is no transaction fee?


Part of the tokens is allocated to the team. Also, if we raise enough to take off (soft cap is $15M), the team will keep working on the project (the salaries are included in the budget).

Main sale starts in 3 days so I have a couple of questions. What price will be given to each token and how will the price be determined?
member
Activity: 100
Merit: 10
Do you have fixed financial equivalent target that you are hoping to raise? Is there some minimum?

Well, the soft cap is $15M. Or did I get it wrong?

So what do we do if there's like $14 500 000?

I believe something that is normally done in such cases: asking the community. However, in your example it's quite clear that with the sum you named we can go on with the project, that's not a big deal

No worries. Just asking.
sr. member
Activity: 568
Merit: 255
Do you have fixed financial equivalent target that you are hoping to raise? Is there some minimum?

Well, the soft cap is $15M. Or did I get it wrong?

So what do we do if there's like $14 500 000?

I believe something that is normally done in such cases: asking the community. However, in your example it's quite clear that with the sum you named we can go on with the project, that's not a big deal
jr. member
Activity: 236
Merit: 1
Just came across this project, looks good, but in which is this really different from other decentralized services? What makes you better?
member
Activity: 100
Merit: 10
Do you have fixed financial equivalent target that you are hoping to raise? Is there some minimum?

Well, the soft cap is $15M. Or did I get it wrong?

So what do we do if there's like $14 500 000?
sr. member
Activity: 568
Merit: 255
Do you have fixed financial equivalent target that you are hoping to raise? Is there some minimum?

Well, the soft cap is $15M. Or did I get it wrong?
sr. member
Activity: 568
Merit: 255
we know that how days left are left before the ICO takes place, but how much time would it take for the steps included in the roadmap to get implemented. Please shed some light on it.
thanks

Hi. Maybe I didn't get it quite straight, but the deadlines are provided in the roadmap for each milestone (for example, beta version will be launched no later than QI 2019).

Hey man, can you provide more detials in your docs on mining your coin?

We use Proof of Stake algorithm if that's what you mean. Thanks, we'll consider elaborating on the tech details or making a separate doc on that

What is "proof of stake" algorithm? How does it work?

In a few words, PoS is a consensus mechanism for approving transactions which was devised as an alternative to PoW. PoS is assigning voting rights to the stakeholders based on the number of coins/investment they hold in the system. Unlike PoW, PoS doesn't call for significant computational power to solve the  cryptographic puzzle, which makes it far more energy efficient.

That's a pretty dull description just to capture the gist. There are great long-reads devoted to PoS vs. PoW. For instance, you may check this one to get the idea
sr. member
Activity: 568
Merit: 255

Quote
Thanks for the promt reply.
Then do the tokens guarantee any income?

MASP is meant to be a utility token, so formally  it doesn't guarantee any income. However, its value growth is not excluded

Are you sure that Market.space and token will grow? Why?


We're dead sure the system will grow, otherwise we wouldn't be working on it Smiley Jokes aside, MASP is a utility token, so it's not value growth that we put forward to attract the community, but the novelty of the system and the demand for it
sr. member
Activity: 568
Merit: 255
member
Activity: 100
Merit: 10
I've got a question about the bounty. Do you pay in tokens or cash like USD? If I make more posts/reposts than you ask, will you count them all?
newbie
Activity: 59
Merit: 0
Hello and good day. Is there public info about how many tokens will be created for the token launch?

The supply is not fixed in amount, but the number of tokens sold during the ICO will be finite

Right. And what about price, will there be a fixed price per token?

It will be fixed at $0.35 per 1 MASP during the ICO. Then it will fluctuate depending on supply-demand ratio

Well... the price is very attractive, it's the best step for investment, it will probably make me rich Roll Eyes

C'mon man, it's just an "american dream" you know. Do you really think that you can make money back on that? I'm not sure. But you can try, then tell me  Smiley

What are you talkiiiing about? It's not an american dream, i'm even not from Usa. It's a very promising project with a strong background and skilfull production team. So watch me becoming a millionaire  Cool
newbie
Activity: 59
Merit: 0
Hello and good day. Is there public info about how many tokens will be created for the token launch?

The supply is not fixed in amount, but the number of tokens sold during the ICO will be finite

Right. And what about price, will there be a fixed price per token?

It will be fixed at $0.35 per 1 MASP during the ICO. Then it will fluctuate depending on supply-demand ratio

Well... the price is very attractive, it's the best step for investment, it will probably make me rich Roll Eyes
newbie
Activity: 64
Merit: 0
we know that how days left are left before the ICO takes place, but how much time would it take for the steps included in the roadmap to get implemented. Please shed some light on it.
thanks

Hi. Maybe I didn't get it quite straight, but the deadlines are provided in the roadmap for each milestone (for example, beta version will be launched no later than QI 2019).

Hey man, can you provide more detials in your docs on mining your coin?

We use Proof of Stake algorithm if that's what you mean. Thanks, we'll consider elaborating on the tech details or making a separate doc on that

What is "proof of stake" algorithm? How does it work?
newbie
Activity: 38
Merit: 0
Looks interesting. One question: why do you use blockchain?

Dude visit their website before asking those questions. There's a lot of material in there  Cool
member
Activity: 303
Merit: 15
The combination of cloud storage and block chain technology is very close, and it is necessary to overcome the difficulty of the major. For users, the more convenient and simple the better.
newbie
Activity: 38
Merit: 0
Hi, at what cost can I sell my tokens?

Hi. Do you mean Market.space tokens you buy during the ICO? Once the tokens appear on the cryptocurrency exchanges, you'll be able to sell (and buy) them at the current price dictated by the market.
However, during the ICO the token price will be fixed at $0.35

I see. Are there any limitations on my ability to resell? And can I, for example, give the token or coin back to the company and receive a refund?

We won't impose any limitations on reselling. Once you've purchased our tokens, you're able to resell them at your discretion. Of course, we're not talking about specific jurisdictions which restrict or prohibit such operations.

No opportunity to give the tokens back and receive a refund, full or partial, is provided unless it's the case when soft cap hasn't been reached.

Thanks for the promt reply.
Then do the tokens guarantee any income?
full member
Activity: 322
Merit: 100
The project amazes with its idea, the feeling that the future is very close.I think that by purchasing tokens now, in the future it is possible to buy several residences in the ecosystem and then resell them. Sounds very interesting, you will agree.
jr. member
Activity: 109
Merit: 1
Do you have any bounty campaign? how can i participate in it?
newbie
Activity: 50
Merit: 0
Looks pretty decent. Do you have dutch website and white paper translation? Huh That would be very nice

We don't have a Dutch translation, I'm afraid, and we also don't run a translation bounty campaign. Sorry about that. But the English version is pretty comprehensive. And you can always clarify whatever you need here or in our official Telegram group

What a pitty! As I can see you don't have german version either! Why? Do you know that german is one of the major languages of the world and about 95 million people worldwide speak it

Thanks for the suggestion. We'll consider adding it later. Unfortunately, it's hard to encompass all the main languages including German at the website since there would be more than dozen then. This would make browsing the website a bit more complicated while we'd like to keep it simple and intuitive


Allright, pretty clear by now. Thanks for the answer.
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