[ANN] INDORSE - Decentralized Professional Network on Blockchain - page 40.

avadhoot

full member

Activity: 234

Merit: 100

Incredibly humbled and thankful for the community support for Indorse

https://medium.com/joinindorse/incredibly-humbled-and-thankful-for-the-community-support-for-indorse-f28cb6e53c3c

avadhoot

full member

Activity: 234

Merit: 100

Quote from: itchain on August 08, 2017, 12:35:54 PM

Interesting project, but some things are not clear.

"Inflation Tokens" what does it mean? Two different currencies?

Total Tokens:
155,997,300 (Excluding inflation tokens)
170,622,047 (Including inflation tokens)

Quote from: avadhoot on August 07, 2017, 10:15:04 PM

Indorse Token Sale starts from August 8th, 2017, 12PM UTC!

Here are some important details:

Token Sale Start: From Aug 8th, 2017–12 PM UTC

Token Sale End: Sept 7th, 2017–12 PM UTC or once the hard cap is reached.

Token Name: IND

Utility of token:
Exchangeable against the services that the Indorse platform will offer

Total Tokens:
155,997,300 (Excluding inflation tokens)
170,622,047 (Including inflation tokens)

Total Tokens Sold in Pre-Sale & Private Placements: 22,995,270

Tokens to be sold in Token Sale on Aug 8th:
31,603,785 (Includes allocation to ICOAge)*

Coins accepted: ETH
Price: 1 ETH = 1,000 IND

Hard Cap: 50,000 ETH

Sale Contract Cap:
30,603,785 (excluding ICOAge Allocation)*

*ICOAge is working with us for the Token Sale in China to sell tokens to the Chinese market. 1,000,000 tokens are reserved for ICOAge.
Smart Contract official ENS Address:
indorse.eth

Please check out this message regarding indorse.eth address from David, our CEO: https://www.youtube.com/watch?v=lKiTO6W5Seg

Note: The smart contract will be activated on Aug 8th, 12 PM UTC. Do not send any ETH before. It will be rejected by the contract and you’ll lose the gas fees.
Please do not trust any other address. It’s a scam.

Compatible Wallets:

1. MyEtherWallet (no download needed)
- There have been many phishing attempts with fake MyEtherWallet sites-always check that you are on the verified site!
- It’s best to use MyEtherWallet as you need to send ETH to indorse.eth, the ENS address of Indorse. We’ll never post or share the address in 0x123…..890 format.
2. IMToken (Android)
3. IMToken (iphone)

Read more:
https://medium.com/joinindorse/how-to-participate-in-indorse-token-sale-8ddb50003b4f

Minimum contribution:
0.05 ETH

Maximum contribution:
1,000 ETH

Any transaction which puts your account over 1,000 ETH will be rejected and you will lose your gas. e.g. 100+800+100 is ok, 100+800+200, last 200 will be rejected and you will lose your gas.

Gas Limit:
Your wallet should give you the proper estimate of gas once the contract is active, but if you are familiar with this function, you can increase it to 250,000.

Maximum gas fee accepted:
500,000 (50 gwei)
If you use a higher fee than allowed the transaction will be rejected and you will lose your gas.

How to send ETH from MyEtherWallet:
https://www.youtube.com/watch?v=8Zp7zw1jd6Q

Token issuance:
Tokens will be issued immediately. They can be moved out of the wallet 7 days after the end of the token sale.

IND listing on cryptocurrency exchanges:
We have received a commitment from GateCoin (https://gatecoin.com/) to list IND tokens. We are in discussions with other exchanges and will update this section as we receive commitments from other exchanges.

Incorporation details of Indorse:
Singapore private limited company
Indorse Pte. Ltd. UEN: 201714808R

Use of funds:

Development of the product (including the development team’s cost): 65%
Sales and marketing: 20%
Operations: 10%
Legal Fund: 5%

Website: https://indorse.io
Twitter: https://twitter.com/joinindorse
Medium: https://medium.com/joinindorse
Reddit: https://reddit.com/r/indorse

Inflation tokens are the same currency & are reserved to be used in future

Tradegroup

full member

Activity: 144

Merit: 100

Well done Indorse, it's going very good. I have invested two ethereums in it. It's promising, I like the idea that Indorse aims to give back the ownership of data to the user. We haven't seen any other project doing that.

LeyMonte

sr. member

Activity: 392

Merit: 250

Quote from: boopy265420 on August 09, 2017, 02:59:01 AM

Quote from: LeyMonte on August 08, 2017, 11:05:18 PM

i hope it will sold out by the end of the week.. i never thought that the fund raising will be a bit slow.. i am expecting a sudden sellout hours after the ico has opened up.

Lot of people were expecting this to happen but this was not the seen so far. Why we need this crowdfunding to close soon when it is letting others know about the project by being present as investment option in the market. I think this should be considered as marketing and awareness phase. We won't have to wait until last day. In a week it should be there.

i get what you are pointing out.. but what i was meaning is that, considering they have good team backing up, everybody's expecting that it will sold out immediately. since looking only to the team, it can already attract so many investors.

zikabra

full member

Activity: 574

Merit: 139

How to add IND to MEW? Address,decimal?
By the way i want to congratulate indorse team for reaching minimum cap and collecting over 20K ether so far.

boopy265420

legendary

Activity: 1876

Merit: 1005

Quote from: LeyMonte on August 08, 2017, 11:05:18 PM

i hope it will sold out by the end of the week.. i never thought that the fund raising will be a bit slow.. i am expecting a sudden sellout hours after the ico has opened up.

Lot of people were expecting this to happen but this was not the seen so far. Why we need this crowdfunding to close soon when it is letting others know about the project by being present as investment option in the market. I think this should be considered as marketing and awareness phase. We won't have to wait until last day. In a week it should be there.

Ipwich

hero member

Activity: 1050

Merit: 529

Student Coin

Quote from: Mr.Ease on August 08, 2017, 09:28:42 PM

Well, I think the bounty participants have some marketing to do...
Indorse ico needs 15X more Eth than it currently has received in the 14 hours it's been open.
There is no doubt the cap will be met by the crowd fund end in Sept.

But let's get this done sooner!

Almost hit already half of the hard cap, the current amount raised as per website is already ETH 20,408.227.
The hard cap is 50 million ETH, so for sure before this month end it will be achieve already.

Strawbabies

full member

Activity: 266

Merit: 130

So is this untraceable? Or will it be stored on the blockchain?

LeyMonte

sr. member

Activity: 392

Merit: 250

Quote from: Mr.Ease on August 08, 2017, 09:05:37 AM

Well, the sale isn't acting as expected. I thought it would have been a instant sellout.

So need to recalculate...

1K eth per 2hrs...

Should expect the sale to conclude by Friday. Unless some big guys are waiting on the sidelines?

No early bird bonus, so I guess not much of a rush... plenty of time to get in!

i hope it will sold out by the end of the week.. i never thought that the fund raising will be a bit slow.. i am expecting a sudden sellout hours after the ico has opened up.

Mr.Ease

hero member

Activity: 1596

Merit: 534

Well, I think the bounty participants have some marketing to do...
Indorse ico needs 15X more Eth than it currently has received in the 14 hours it's been open.
There is no doubt the cap will be met by the crowd fund end in Sept.

But let's get this done sooner!

Northa

sr. member

Activity: 672

Merit: 250

Quote from: Trela on August 08, 2017, 12:08:34 PM

Quote from: Northa on August 08, 2017, 12:03:34 PM

What if hardcap will not achieve these goals? I mean 50k eth... then what?

Hardcap just is limit for end ICO crowdsale before the time scheduled. If the raised funds can't reach hardcap, this crowdsale will running until end time crowdsale or reached this cap.

Quote from: TeraBite on August 08, 2017, 12:17:00 PM

Quote from: Northa on August 08, 2017, 12:03:34 PM

What if hardcap will not achieve these goals? I mean 50k eth... then what?

This project already achieved the minimum funds cap of 15k ETH so no need to be worry about the future of this one. In case if they failed to achieve the hard cap than they will continue with raised amount but I believe in next few days they will achieve this milestone.

Thanks for clarifying. I'm going to follow the indorse project.

itchain

newbie

Activity: 19

Merit: 0

Interesting project, but some things are not clear.

"Inflation Tokens" what does it mean? Two different currencies?

Total Tokens:
155,997,300 (Excluding inflation tokens)
170,622,047 (Including inflation tokens)

Quote from: avadhoot on August 07, 2017, 10:15:04 PM

Indorse Token Sale starts from August 8th, 2017, 12PM UTC!

Here are some important details:

Token Sale Start: From Aug 8th, 2017–12 PM UTC

Token Sale End: Sept 7th, 2017–12 PM UTC or once the hard cap is reached.

Token Name: IND

Utility of token:
Exchangeable against the services that the Indorse platform will offer

Total Tokens:
155,997,300 (Excluding inflation tokens)
170,622,047 (Including inflation tokens)

Total Tokens Sold in Pre-Sale & Private Placements: 22,995,270

Tokens to be sold in Token Sale on Aug 8th:
31,603,785 (Includes allocation to ICOAge)*

Coins accepted: ETH
Price: 1 ETH = 1,000 IND

Hard Cap: 50,000 ETH

Sale Contract Cap:
30,603,785 (excluding ICOAge Allocation)*

*ICOAge is working with us for the Token Sale in China to sell tokens to the Chinese market. 1,000,000 tokens are reserved for ICOAge.
Smart Contract official ENS Address:
indorse.eth

Please check out this message regarding indorse.eth address from David, our CEO: https://www.youtube.com/watch?v=lKiTO6W5Seg

Note: The smart contract will be activated on Aug 8th, 12 PM UTC. Do not send any ETH before. It will be rejected by the contract and you’ll lose the gas fees.
Please do not trust any other address. It’s a scam.

Compatible Wallets:

1. MyEtherWallet (no download needed)
- There have been many phishing attempts with fake MyEtherWallet sites-always check that you are on the verified site!
- It’s best to use MyEtherWallet as you need to send ETH to indorse.eth, the ENS address of Indorse. We’ll never post or share the address in 0x123…..890 format.
2. IMToken (Android)
3. IMToken (iphone)

Read more:
https://medium.com/joinindorse/how-to-participate-in-indorse-token-sale-8ddb50003b4f

Minimum contribution:
0.05 ETH

Maximum contribution:
1,000 ETH

Any transaction which puts your account over 1,000 ETH will be rejected and you will lose your gas. e.g. 100+800+100 is ok, 100+800+200, last 200 will be rejected and you will lose your gas.

Gas Limit:
Your wallet should give you the proper estimate of gas once the contract is active, but if you are familiar with this function, you can increase it to 250,000.

Maximum gas fee accepted:
500,000 (50 gwei)
If you use a higher fee than allowed the transaction will be rejected and you will lose your gas.

How to send ETH from MyEtherWallet:
https://www.youtube.com/watch?v=8Zp7zw1jd6Q

Token issuance:
Tokens will be issued immediately. They can be moved out of the wallet 7 days after the end of the token sale.

IND listing on cryptocurrency exchanges:
We have received a commitment from GateCoin (https://gatecoin.com/) to list IND tokens. We are in discussions with other exchanges and will update this section as we receive commitments from other exchanges.

Incorporation details of Indorse:
Singapore private limited company
Indorse Pte. Ltd. UEN: 201714808R

Use of funds:

Development of the product (including the development team’s cost): 65%
Sales and marketing: 20%
Operations: 10%
Legal Fund: 5%

Website: https://indorse.io
Twitter: https://twitter.com/joinindorse
Medium: https://medium.com/joinindorse
Reddit: https://reddit.com/r/indorse

TeraBite

legendary

Activity: 1876

Merit: 1003

Quote from: Northa on August 08, 2017, 12:03:34 PM

What if hardcap will not achieve these goals? I mean 50k eth... then what?

This project already achieved the minimum funds cap of 15k ETH so no need to be worry about the future of this one. In case if they failed to achieve the hard cap than they will continue with raised amount but I believe in next few days they will achieve this milestone.

Trela

legendary

Activity: 1106

Merit: 1001

The Decentralized TCP/IP Internet Protocol

Quote from: Northa on August 08, 2017, 12:03:34 PM

What if hardcap will not achieve these goals? I mean 50k eth... then what?

Hardcap just is limit for end ICO crowdsale before the time scheduled. If the raised funds can't reach hardcap, this crowdsale will running until end time crowdsale or reached this cap.

Northa

sr. member

Activity: 672

Merit: 250

What if hardcap will not achieve these goals? I mean 50k eth... then what?

denam

sr. member

Activity: 896

Merit: 251

Other 2000 Ethereum were invested in this main round of the crowdfunding since it is live now less than 30000 Etherem remained to meet hard cap. It is very impressive and looking good because it is repeating the same pattern like pre-ICO where at sudden huge invest came into project. Let few more hours passed and you will see the process having pace and more speed of receiving money.

Mr.Ease

hero member

Activity: 1596

Merit: 534

Well, the sale isn't acting as expected. I thought it would have been a instant sellout.

So need to recalculate...

1K eth per 2hrs...

Should expect the sale to conclude by Friday. Unless some big guys are waiting on the sidelines?

No early bird bonus, so I guess not much of a rush... plenty of time to get in!

LEEMEEGO

sr. member

Activity: 448

Merit: 250

Quote from: Mr.Ease on August 08, 2017, 07:20:13 AM

Lol, No matter how many times you try to tell people how to do something... they still don't listen.

Look at all the transactions "Running out of Gas"

It's actually quite hilarious watching the same account send bad transactions because they run out of gas...

HINT

Set your gas at 250,000

- Any un-used gas will be returned - It's that easy.

Got all these people trying to save pennies on gas when sending $5k in eth... lol, like common, you cant get any cheaper

yes you are right because if setting it at low gas limit and eventually tell you that its out of gas, then you do it again right? so what happened is that you do it twice whcie already cost you twice as well.. so better set the gas limit at 250k besides it will be returned though.

Grumlin

legendary

Activity: 2893

Merit: 1158

https://twitter.com/FastCryptoTrade/status/894912952641495042

retwitt, because not all users have 0.8.10 for automatic ENS

Mr.Ease

hero member

Activity: 1596

Merit: 534

Lol, No matter how many times you try to tell people how to do something... they still don't listen.

Look at all the transactions "Running out of Gas"

It's actually quite hilarious watching the same account send bad transactions because they run out of gas...

HINT

Set your gas at 250,000

- Any un-used gas will be returned - It's that easy.

Got all these people trying to save pennies on gas when sending $5k in eth... lol, like common, you cant get any cheaper

Topic: [ANN] INDORSE - Decentralized Professional Network on Blockchain - page 40. (Read 54358 times)