Topic: [ANN] [ICO] TribeToken - A Decentralized Charity Platform - ICO July 24 - page 5. (Read 11658 times)

We would like to present you with a few updates to our ICO namely the most significant change is the removal of the minimum goal of 2500 ETH, we came to this decision after consulting with a few people and getting more focused on the main goal of creating a platform for charities and charity projects, thus as this is something we want to do create irrelevant of how much funds we raise we decided to remove the minimum cap, now as side note to that depending on how much funding we get the development cycle/time will be adjusted appropriately to match the amount we have to work with.

The token distribution has also been adjusted to the following percentages

ICO : 80% or 160 000 000 TRIBE
Team: 10% or 20 000 000 TRIBE
Bounties and Partners: 5% or 10 000 000 TRIBE
Tribe Economy: 5% or 10 000 000 TRIBE

Another change is that we decided as you may have seen in our earlier posts/announcements that we will be releasing in a couple of days our current progress on the platform as a demo based on the ethereum testnet for you to see how it works, this demo will be updated every time a significant development milestone is met, in addition, the source code will also be available for review on our GitHub.

The White Paper https://tribetoken.org/upl/WP_eng.pdf has also been updated to reflect the changes with a few other adjustments that were deemed needed and also to provide more info and flow charts about the platform that was not included in the previous version.

That’s it if you have any questions, suggestions about anything feel free to tell us, all feedback is appreciated. When we have more announcements to announce we will share them with you.

WARNING - TRIBETOKEN IS A SCAM - READ TO FIND OUT WHY

I had a look on your website, and it reminded me of another website I was looking at some time ago, namely SkinCoin.

Your website is an EXACT replica, WORD FOR WORD with SkinCoin. What's even funny is that your GITHUB contract is EXACTLY the same as SkinCoin with a few variables/things changed to mention TRIBE instead.

Without further ado, here's the proof I gathered:

http://i.imgur.com/g26fWK0.png
http://i.imgur.com/ynX5fSv.png
http://i.imgur.com/QxDjz8K.png
http://i.imgur.com/OGyGYRU.png

Watch how everything is almost the same as SkinCoin, even their diagram follows the same design pattern

SkinCoin's Crowdsale code
https://github.com/Steamtradenet/smart-contract/blob/master/contracts/Crowdsale.sol

TribeToken's Crowdsale code
https://github.com/TribeToken/Tribe-Token-Contracts/blob/master/Contract/Crowdsale.sol

Pretty much the same, don't you think?

SkinCoin's contribution page (read their Contribution Rules and FAQ)
https://skincoin.org/ico/#contribute

TribeToken's contribution rules and FAQ
https://tribetoken.org/ico/

Pretty much an exact replica...

You guys should be ashamed, stealing in the name of charity? What an immoral thing to do. I'm always skeptical of ICO's and do my due dilligence, but this one takes the cake...

I'll be reporting this to as many channels as I can find, this ought to be closed down immediately. I hope you have a pretty good answer why you copied over SkinCoin, to me this smells like a quick scam to get the money, no wonder you don't want any escrow for the funds sent and frankly I'm worried that NO ONE ELSE caught this.

To be honest with an escrow the same thing can happen in some way. We like to build upon trust and be as public as possible with code and communication. I understand your points. Look into the idea and see if you like it. That's what I recommend for any project.

Sorry, I meant an escrow for the funds (ETH) transferred to Tribe's contract address (rather than the tokens we receive). As it stands there is nothing preventing an ICO from taking all the money and running away (no offense to you guys).

There is never a bad question. We are not using an escrow. The tokens are sent straight away to your Ethereum address when the contract address receives Ethereum. Hope that answers your question.

What about escrow and such? I apologize if this was already mentioned before.

Hey yes, we are just as excited ourselves about this project. I want to say have a little bit more patience. It will be multi announcements the coming days. There will be a small demo coming out soon that will be expanded that's already 1 announcement I kinda make now for the wait.

What would be the thing to be announced this evening admin/dev? Im quiet excited on what you are going to say. I do really have high expectations into this project thats why i do love to promote it.

The ICO ends on August 14th 12:00 UTC

when does the ICO end?

Thanks for having trust in us. We have got the experience. Alexander Kozhukhov did Derby University on Computer Science. He will be the main developer for TribeToken and soon we will release some examples what he can do with code for TribeToken. I hope to make more announcements Monday evening.

Wow !

It's so good to see a young team (Thumbs up). I always say age is not a need. However experience is a need.

We're running in a world, in which charity has not 100% effect. With Tribetoken, I hope that the low transaction fees on a decentralized charity platform will improve the profit for the ones in need of help.

Good luck Team!

0.1 ETH is the minimum.

Is there minimum limit to invest

Thanks best way to gain trust is to be open to everyone and try to answer everyones question as good as possible.


Charity decentralized is an awesome idea. It opens up so many possibilities to help people in the world. It would be a waste if not tried. That's where we jump in to make such a platform. Investors will make a profit on demand currently and token sinks on the platform. We have a few more ideas in mind to make the token interesting for investors. Currently, we are on track to release more info on a Monday and some changes.

I dont think charity need a decentralized platform. Investors are hard to make a profit

Dev, you are a very humble person, if there is someone who ask you directly answer it ... success always for you bud.

We only accept ETH in this ICO as I answered above.


Thanks for the support. We appreciate that.