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Topic: [ANN] MyBit: World's most advanced IoT investment Ecosystem. - page 16. (Read 59788 times)

full member
Activity: 186
Merit: 100
Hello all,

We are the ICOrating team.

We’re creating the most detailed database of every company that is having or planning to have, an ICO. We’re also developing ratings and analytical reports that will increase potential investors’ awareness of such companies.

We’re happy to announce that MyBit is now listed on our website. Check it out here http://icorating.com/project/65/MyBit

We appreciate any feedback. Please feel free to contact us if there are any additions/corrections you want to insert.
legendary
Activity: 1040
Merit: 1001

Important Announcement


Numerous parties have brought to our attention that the recent spike in Ethereum (>350%) has made the pricing tiers coded into our smart contract unrealistic.  For this reason we are closing the current crowdfund, fixing the pricing structure, and will re-open on April 27, 2017 after a successful audit has been completed.  If you have sent funds to the current contract, you will be receiving a personalized email.  Otherwise please refrain from sending any funds to the contract.

Here is the agenda leading up to re-launch:

•   Re-configure pricing tiers and publicize an updated deal sheet
•   Update smart contract code to reflect these changes in pricing structure
•   Smart contract audit conducted
•   Re-sync contract to ICO dashboard
•   Run numerous security audits on the dashboard

Pre-sale contracts with potential discounts will also be made available for anyone desiring to send a minimum of 25 ETH.  Please contact [email protected] for additional details.

Thank you for your understanding,
The MyBit Team


Good move! considering the ETH price moving rapidly
full member
Activity: 137
Merit: 100

Important Announcement


Numerous parties have brought to our attention that the recent spike in Ethereum (>350%) has made the pricing tiers coded into our smart contract unrealistic.  For this reason we are closing the current crowdfund, fixing the pricing structure, and will re-open on April 27, 2017 after a successful audit has been completed.  If you have sent funds to the current contract, you will be receiving a personalized email.  Otherwise please refrain from sending any funds to the contract.

Here is the agenda leading up to re-launch:

•   Re-configure pricing tiers and publicize an updated deal sheet
•   Update smart contract code to reflect these changes in pricing structure
•   Smart contract audit conducted
•   Re-sync contract to ICO dashboard
•   Run numerous security audits on the dashboard

Pre-sale contracts with potential discounts will also be made available for anyone desiring to send a minimum of 25 ETH.  Please contact [email protected] for additional details.

Thank you for your understanding,
The MyBit Team






Join us on Telegram: https://t.me/mybit_dapp
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
newbie
Activity: 40
Merit: 0
is it pOS only or POW/POS
i think it is pos only
full member
Activity: 199
Merit: 100
is it pOS only or POW/POS
full member
Activity: 137
Merit: 100

New article posted on our Blog, "Tokenizing AI Infrastructure with the Ethereum Blockchain"

https://medium.com/@MyBit_Blog/tokenizing-ai-infrastructure-9bd05ded6164#.ikadkjsyx

Interested to hear thoughts and feedback.


hero member
Activity: 1148
Merit: 512

it looks nice. You should  have more interesting plans to promote this project . I realize this project is quite impressive to join and it will become a potential project in the future. Now we should let all investors know this project how attractive it is.
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
full member
Activity: 137
Merit: 100

Here is a great question we have been asked several times followed by our response.

Quote
So how does an individual prove ownership initially before it is put on the blockchain and what is to stop someone from claiming ownership to someone else's property ?

Response -

Great question. So this is only a "potential" short term issue.  Initially the platform will be released for consumers to register their existing assets to validate the technology, with the end goal being for companies, registrars, etc. to register the assets at the point of production so ownership is transferred upon purchase thus eliminating the need for people to register anything.  Of course this is the long-term vision as it will take a couple decades for assets to be phased out of their life cycles.

Short-term the situation you mentioned could in theory occur if someone had the unique ID of someone else's asset.  But then you need to look at incentive behind it, since it will take effort (intangible value) and a network fee (tangible value).  Someone could do this just to make someone else's life more difficult, which may occur in extremely rare circumstances, but other than that what would incentivize someone to take this action?  A sale or other distribution would still involve the delivery of a physical asset, which the seller (person who fraudulently claimed ownership) could not complete.

Any dispute that arises would be handled through a consensus protocol (planned to be similar to OpenBazaar's dispute resolution), but based on limited incentive as outlined above, this is not planned to be a major component of the platform that is used often, just implemented as a fallback for rare situations.

If you have any other questions or this response was not an adequate answer, please join our Slack community (https://slackin.mybit.io) and we would be happy to have a discussion!

sr. member
Activity: 322
Merit: 250
sr. member
Activity: 401
Merit: 257
I'm still waiting for new information for this project which will happen in the ICO launching and there will be some unknown things released after ICO launching. Good work, Dev.
legendary
Activity: 2226
Merit: 1014

Deal Sheet is now finalized with pricing tiers, escrow details, and additional information

https://www.scribd.com/document/342438744/MyBit-Deal-Sheet


great news dev
hero member
Activity: 924
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
full member
Activity: 137
Merit: 100

Interview with one of the MyBit founders is now live: https://youtu.be/X9WZh51_IpQ

It should help explain the basic functionality and vision of the platform in phase 1 development and deployment.




AMA will be hosted on our Slack Community leading up to the official crowdfunding opening and shortly after.

March 23 22:00 - 00:30 (London GMT +0)

Register: https://slackin.mybit.io
Community: https://mybit-dapp.slack.com







If you are having any problems with logging into the MyBit Dashboard from the website, please clear your cache and it will resolve any issue.
newbie
Activity: 8
Merit: 0
If you do have bounties, on me if you need text or audio translations to Portuguese.
I have TOEFL certification.
hero member
Activity: 1148
Merit: 512
no launch ?  Huh

It goes live March 24th 0:00 GMT +0 (London)

Thank you for your notice, DEV. I really need a certain time and I'm ready to join this project now. we have more 2 days left to go .
Good luck to Mybit launching project.
full member
Activity: 137
Merit: 100
no launch ?  Huh

It goes live March 24th 0:00 GMT +0 (London)
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
hero member
Activity: 1148
Merit: 512

Deal Sheet is now finalized with pricing tiers, escrow details, and additional information

https://www.scribd.com/document/342438744/MyBit-Deal-Sheet



Thank you for your post. it's very interesting for this schedule. I want this project to be popular with many investors on this forum and I expect this project will be successful after ICO launching.

If you have time there is a live interview today at 6pm GMT +0 (London) https://www.youtube.com/watch?v=-a_HTOJ7sZ8

That's good point and there will be many members here to see this interview . It will help this project to spread out not only members on this forum but also many members from another channels .
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