Hi,
As it could be the 1st ICO in which I'll invest, I have a few questions please :
1) if I do invest let's say 3ETH before next 3days, I'll have 330 VIBEX. If there are finally let's say 1M VIBEX created (less than the number corresponding to max cap 115000ETH), I'll finnally have : (330/1000000) X 160200000 = 52866 VIBE (the currency which will be on the marketplaces ?).
2) I've got a Ledger Nano S so it seems to be good BUT do I have to "create" or do something ith it before I send the ETH because for sure there won't be any VIBE or VIBEX token created on it unless I do something wright ? (how can the VIBEX token be sent on a ETH wallet ?)
3) "Set Gas Limit to 250 000 (during peak network loads)" : sorry but what does it means ?
4) "Set the gas price at 60 GWEI (during peak network loads)" : same question...
Thanks for your answers and good luck with that so interesting project.
From France...
Hello, here is the answers to you questions:
1) 160200000 VIBE/1000000 VIBEX = 160.2 VIBE per VIBEX ...so 160.2 x 330 = 52866 VIBE...That is correct, and yes VIBE will be used exclusively on the platform.
2) We are using a ERC 20 compatible token...so most ethereum wallets support the token...I am not sure anout Ledger Nano S...when you send eth to the smart contract address you will receive the VIBEX immediately to the same account you purchased with, automatically, once the transaction clears...
Compatible wallets
The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard):
MyEtherWallet (no download needed)
MetaMask (Firefox and Chrome browser addon)
Mist (Desktop)
Parity (Desktop)
imToken (iPhone)
imToken (Android)
3) The gas limit means the amount of gas that you will not allow the transaction to exceed...that is higher range number for peak times on ethereum network...to ensure the transactions get processed...The actual gas consumed will most likely be less.
4) gas price is like the minimum you want to pay for gas... heres a good article that break it down even more...
https://coinsutra.com/ethereum-gas-limit-gas-price-fees/I hope that helps...and we appreciate your interest and support...
Hi vibehubdev (and everyone if someone can help) and thanks for your answers...Ok for points 1, 3 and 4 but not for 2 :
I posted this one to general forum too to have an answer... :
Hello ,
Sorry but I have a question regarding the 1st ICO I would like to invest in :
http://vibehub.io/ico/I have a Ledger Nano S and just bought and sent to it ETH to participate for the ICO.
Regarding what is written on the website of VibeHub :
"- You MUST send ETH funds from your personal Ethereum wallets like MyEtherWallet, Metamask, Parity, Mist or Ledger (hardware wallet).
- PLEASE DO NOT send funds from exchanges like Coinbase, Poloniex, Bittrex, etc.
- VIBE EXCHANGE TOKENS (VIBEX) will be sent immediately to the wallet from which the ETH was sent.
- After the Token Sale you will be able to exchange VIBE EXCHANGE TOKENS (VIBEX) for VIBE coins (VIBE). At the provide smart contract address."
My question is :
Do I have to send ETH directly using "Ledger Wallet Etherium" or do I have to use MyEtherWallet Huh
Indeed VibeHub website indicates (1st sentence) I can use Ledger...
But on the Ledger website there's this link :
http://support.ledgerwallet.com/knowledge_base/topics/which-altcoins-are-supported-by-the-nano-s-and-the-blueand here apparently I need something more...(MyEtherWallet)...
A little bit confused...
Thanks for your help