The ico will open very soon, be here dont miss it !
The soft cap is a good things, its like a little milestone, but even without real milestone, if WWMA raise a lot of eth fast the project will be developed faster too.
We have the time to raise a lot, ico end september 6 so a lot of investors can join the project. I'm sure that WWAM have a pretty good future !
Topic: 【ANN】 【ICO LIVE !】 🔥WWAM🔥 - Decentralized messaging protocol - page 35. (Read 27033 times)
I appreciate the way you promote WWAM 
And to speak about your project nobody can say that it's a bad idea. " An anonymous, decentralized and safe protocol that enables instant and delayed communication between two or more users." is more than useful. I hope you will do a good job. ^^
And to speak about your project nobody can say that it's a bad idea. " An anonymous, decentralized and safe protocol that enables instant and delayed communication between two or more users." is more than useful. I hope you will do a good job. ^^ 
Just a quick reminder: ICO will be live approximately 5 Hours from now:
Save the dates
-August 9, 2017 – 20h UTC -> ICO Stage 1 begins
-August 16, 2017 – 20h UTC -> ICO Stage 2 begins
-August 23, 2017 – 20h UTC -> ICO Final Stage begins
-September 6, 2017 – 20h UTC -> ICO Ends
Save the dates
-August 9, 2017 – 20h UTC -> ICO Stage 1 begins
-August 16, 2017 – 20h UTC -> ICO Stage 2 begins
-August 23, 2017 – 20h UTC -> ICO Final Stage begins
-September 6, 2017 – 20h UTC -> ICO Ends
People just using telegram for security purposes.
If wwam achieve more secure communication, it will become huge.
Great project!
If wwam achieve more secure communication, it will become huge.
Great project!
I am pretty sure has planned this already and is considering global widescale for anonymous messaging.
Considering the fact that more and more people are getting conscious on their privacy. I believe that WWAM could achieve many great things in the future.
People just using telegram for security purposes.
If wwam achieve more secure communication, it will become huge.
Great project!
If wwam achieve more secure communication, it will become huge.
Great project!
Some questions about the Rewarding scheme, section 2.1 of the whitepaper.
There will be no generated coins or tokens. The supply will be fixed. [...] The node fee will be adjusted according to the index price of the coin, at a fixed rate of $1 for every 5000 messages
A fixed supply and a fixed price per message. Does that mean there is a maximum number of messages?
The node fee will be adjusted according to the index price of the coin, at a fixed rate of $1 for every 5000 messages.
I don't understand that sentence. How can the node fee be adjustable if there is a fixed rate?
There will be no generated coins or tokens. The supply will be fixed. [...] The node fee will be adjusted according to the index price of the coin, at a fixed rate of $1 for every 5000 messages
A fixed supply and a fixed price per message. Does that mean there is a maximum number of messages?
The node fee will be adjusted according to the index price of the coin, at a fixed rate of $1 for every 5000 messages.
I don't understand that sentence. How can the node fee be adjustable if there is a fixed rate?
Elkmar
You have right. I looking only interesting project for me. But overvise its must include reasonable cap. Not hundreds millions $
Only big, advanced, ready project can sold for such big money.
look to all big servises, Facebook bought Instagram for 400 millions. But at this moment Instagram has millions users already. Its not was only idea. Any idea dont cost hundreds millions.
If this project rewiew their hard cap, and I ll seen roadmap ill necessarily take part. Because they have good idea.. but dont have any concrete plants...
You have right. I looking only interesting project for me. But overvise its must include reasonable cap. Not hundreds millions $
Only big, advanced, ready project can sold for such big money.
look to all big servises, Facebook bought Instagram for 400 millions. But at this moment Instagram has millions users already. Its not was only idea. Any idea dont cost hundreds millions.
If this project rewiew their hard cap, and I ll seen roadmap ill necessarily take part. Because they have good idea.. but dont have any concrete plants...
That's good that the min cap is low.
Even if the sale don't attract many investors, the project can begin slowly, build a community around it, then attract attention from potential investors through its development.
I think that project who raise millions without the capacity to correctly handle it will fail or see their token price go under the ICO price quite fast, and it has already happened.
We need to go back to the period where investor really liked a project, wanted to support it through its entire development, and were not thinking just about profits.
There is a need for a real link created between the devs and the community.
Even if the sale don't attract many investors, the project can begin slowly, build a community around it, then attract attention from potential investors through its development.
I think that project who raise millions without the capacity to correctly handle it will fail or see their token price go under the ICO price quite fast, and it has already happened.
We need to go back to the period where investor really liked a project, wanted to support it through its entire development, and were not thinking just about profits.
There is a need for a real link created between the devs and the community.
CCEDKaps
Ok. 1 ETH = 200 usd.
Yes, 100k usd its not so much. I mean about 100 millions its so much for any startup project I think. And also me must potential for growing. For example = if hard cap at ICo ll be 5 millions, after you ll finished product - its would be 20 millions. ANd if hard cap 100 millions in the beginning- we dont have any ponencial to growing.
Also we need to know your roadmap (as in previous post said)
Ok. 1 ETH = 200 usd.
Yes, 100k usd its not so much. I mean about 100 millions its so much for any startup project I think. And also me must potential for growing. For example = if hard cap at ICo ll be 5 millions, after you ll finished product - its would be 20 millions. ANd if hard cap 100 millions in the beginning- we dont have any ponencial to growing.
Also we need to know your roadmap (as in previous post said)
The more money we raise, the more we can provide. More money will be more marketing, more flexibility to hire skillful people to work on side projects, maybe making the protocol evolve into something bigger and better, building applications for it, and not only for messaging (We can think of an uncensored wiki for example, that's one of the possible application of the protocol).
THIS.
Your roadmap is ok for the soft cap. But people would trust more your project if you had stated milestones, like:
If we raise 1000 ETH:
* 10% will go for marketing
* Will hire 1 developer
* Will have our own website servers
If we raise 2500 ETH
* 12% for marketing
* Will hire 1 developer
* Will hire 1 community manager
* Will have our own website and wiki servers
Etc.
Agree with that. Having such a huge hard cap equals to an uncapped ICO by having no concrete milestones beforehand.
You guys should set some points so that investors could have a better insight in your plannings.
I would appreciate this as investor.
The more money we raise, the more we can provide. More money will be more marketing, more flexibility to hire skillful people to work on side projects, maybe making the protocol evolve into something bigger and better, building applications for it, and not only for messaging (We can think of an uncensored wiki for example, that's one of the possible application of the protocol).
THIS.
Your roadmap is ok for the soft cap. But people would trust more your project if you had stated milestones, like:
If we raise 1000 ETH:
* 10% will go for marketing
* Will hire 1 developer
* Will have our own website servers
If we raise 2500 ETH
* 12% for marketing
* Will hire 1 developer
* Will hire 1 community manager
* Will have our own website and wiki servers
Etc.
I see questions about unsold tokens.
There won't be unsold tokens at all. The supply is dynamically generated. It starts with 0 Tokens total supply, and it just mint new Tokens when an investment is received.
As the price in ETH is fixed (1 ETH = 200.000 mWWAM), there will be no devaluation of the token if more investors are joining in.
About the hard carp - it's been answered and even quoted in the previous page of that thread. Long story short - of course you don't plan the same if you raise 500ETH or 500k ETH. We don't know yet how much we'll rise, so no promises.
There won't be unsold tokens at all. The supply is dynamically generated. It starts with 0 Tokens total supply, and it just mint new Tokens when an investment is received.
As the price in ETH is fixed (1 ETH = 200.000 mWWAM), there will be no devaluation of the token if more investors are joining in.
About the hard carp - it's been answered and even quoted in the previous page of that thread. Long story short - of course you don't plan the same if you raise 500ETH or 500k ETH. We don't know yet how much we'll rise, so no promises.
Of course the price in ETH is fixed... now. But when it hits the exchanges, its different having a supply of 100M mWWAM (500 ETH) or lets say 1000M (5000 ETH). As the supply increases, the price decreases.
Investors are also more likely to keep their tokens if there's a small supply. There are several coins out there with that premise in mind.
On the other hand. While it's true that you don't know in advance how much will you raise, concrete thresholds could attract more money. Lets say I've invested 1 ETH and the project has got 825 ETH near the end of the ICO. If your roadmap states that there will be an Android release if the ICO raises 1000 ETH, for instance, I'd be more prone to invest another ETH to reach that target.
CCEDKaps
But we must to know now, why you need so much ETH raised funds
And what you do when you ll raised 500 ETh and what you ll do when you ll raised 500k. We must see you plan (and roadmap)...
But we must to know now, why you need so much ETH raised funds
And what you do when you ll raised 500 ETh and what you ll do when you ll raised 500k. We must see you plan (and roadmap)...
We based of a 200$ price for ETH, so 500ETH was a funding goal of 100k$, which is actually not that much at all for a project of that size. We need funds for marketing, hiring people if needed, paying the devs, renting servers and so on and so forth. 100k$ is the bare minimum for that.
Actually the minimal wage in France costs ~1500e a month to a company. So if we work on it full time, and just pay ourselves the minimal wage, it's already a cost of 72K EUR a year (around 85K$).
The more money we raise, the more we can provide. More money will be more marketing, more flexibility to hire skillful people to work on side projects, maybe making the protocol evolve into something bigger and better, building applications for it, and not only for messaging (We can think of an uncensored wiki for example, that's one of the possible application of the protocol).
Rather than planing on wonders, we preferred present to you a roadmap based on the minimal funding goal. Then, when we have an exact number of how much has been raised, we will take the time to refine it with better goals if necessary, and provide you a monthly breakdown on the usage of ICO funds.
I see questions about unsold tokens.
There won't be unsold tokens at all. The supply is dynamically generated. It starts with 0 Tokens total supply, and it just mint new Tokens when an investment is received.
As the price in ETH is fixed (1 ETH = 200.000 mWWAM), there will be no devaluation of the token if more investors are joining in.
About the hard carp - it's been answered and even quoted in the previous page of that thread. Long story short - of course you don't plan the same if you raise 500ETH or 500k ETH. We don't know yet how much we'll rise, so no promises.
There won't be unsold tokens at all. The supply is dynamically generated. It starts with 0 Tokens total supply, and it just mint new Tokens when an investment is received.
As the price in ETH is fixed (1 ETH = 200.000 mWWAM), there will be no devaluation of the token if more investors are joining in.
About the hard carp - it's been answered and even quoted in the previous page of that thread. Long story short - of course you don't plan the same if you raise 500ETH or 500k ETH. We don't know yet how much we'll rise, so no promises.
10h to go...
What's really interesting (and quite challenging?) about this project is the development of a new blockchain for encrypted private and secure communication. I think there's a huge potential because people who are fed up with facebook, whatsapp, & co. (like me
) are ready to rather pay a small amout for their anonymity instead of being watched every single step they do online and becoming more and more transparent.
What's really interesting (and quite challenging?) about this project is the development of a new blockchain for encrypted private and secure communication. I think there's a huge potential because people who are fed up with facebook, whatsapp, & co. (like me
) are ready to rather pay a small amout for their anonymity instead of being watched every single step they do online and becoming more and more transparent. This counts for me as well. If there were no tries like that today, someday it'd be too late to break out off the police state.
Better safe than sorry with anonymity!
i have made a german translation of the ANN thread: https://bitcointalksearch.org/topic/ann-wwam-ein-anonymes-messaging-protokol-ico-start-ab-9-august-2075376
if there are any native german speakers here, feel free to visit us on this german thread. i will gladly help you in answering your questions
if there are any native german speakers here, feel free to visit us on this german thread. i will gladly help you in answering your questions
10h to go...
What's really interesting (and quite challenging?) about this project is the development of a new blockchain for encrypted private and secure communication. I think there's a huge potential because people who are fed up with facebook, whatsapp, & co. (like me ) are ready to rather pay a small amout for their anonymity instead of being watched every single step they do online and becoming more and more transparent.
What's really interesting (and quite challenging?) about this project is the development of a new blockchain for encrypted private and secure communication. I think there's a huge potential because people who are fed up with facebook, whatsapp, & co. (like me
) are ready to rather pay a small amout for their anonymity instead of being watched every single step they do online and becoming more and more transparent. No. i ask about - why so big different?
500 ETH its 150 000 $
and 500k ETH its 150 millions $
What you ll do for 500 eth and what you ll do for 500k ETH?
500 ETH its 150 000 $
and 500k ETH its 150 millions $
What you ll do for 500 eth and what you ll do for 500k ETH?
Yep, that's a problem, as I see it. The more coins, the less reward per coin for investors. Plus there's no investment-depending roadmap.
If it was me, in case I'd achieve, lets say, 5k ETH instead of 500, I'd find some good mobile developers and integrate mobile apps into the roadmap.
Kickstarter campaings often have plans for that, for instance.
soft cap can be reach in a matter of minutes or hour most of the ico right now exceeds 1000 eth in a minute or so but i doubt that they can the hard cap.
Soft cap 500 ETH and Hard Cap is 500k ETH? Why so big different? What is the reason for this? Can you explaine?
I guess the soft cap should cover the first development costs while the hard cap allows more people than needed for that.
500 ETH should be reachable in a few days if not even in few hours. Publicity is getting stronger day to day.
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