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Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 263. (Read 525472 times)

sr. member
Activity: 588
Merit: 250
Crypto is Life!
Come on how will we be able to compete with the chinese exchangers ?

What do you guys recommend ? Can we send btc to yunbi and apply for participation in their ICO section ? Is there anything to know that might stop me ?

You can buy from QTUM website, don't need to use those exchanges. As long they sell the largest part on their website i won't see a problem. Maybe 70% of ICO on their website and rest on exchanges.

Yes if they do sell largest part on their website. But is that confirmed ?

Those chinese exchangers do buy in big bulk. That is what i am afraid of
full member
Activity: 207
Merit: 100
Come on how will we be able to compete with the chinese exchangers ?

What do you guys recommend ? Can we send btc to yunbi and apply for participation in their ICO section ? Is there anything to know that might stop me ?

You can buy from QTUM website, don't need to use those exchanges. As long they sell the largest part on their website i won't see a problem. Maybe 70% of ICO on their website and rest on exchanges.
sr. member
Activity: 588
Merit: 250
Crypto is Life!
Come on how will we be able to compete with the chinese exchangers ?

What do you guys recommend ? Can we send btc to yunbi and apply for participation in their ICO section ? Is there anything to know that might stop me ?
full member
Activity: 414
Merit: 101
Qtum have a very very big community in china, maybe about 5000 people in different group.

all these 5000 people will buy out the coins soon...

so get ready for it. otherwise you will miss the ico.

hero member
Activity: 952
Merit: 501
so ico will start at early march.
that's good to know.
hero member
Activity: 602
Merit: 500
Crowdsale start 1st march, right guys? and where it will be, one the site or on exchanges?
and how many tokens are total and how many will be selled? and please write price and bonus info if there will be, thank you
and wish luck to your project.
It will be held on their website and on two major Chinese exchange.You can get all info on their official website.
sr. member
Activity: 476
Merit: 250
For Indonesian Community  Cheesy
Qtum Explainer (Technology Model, Dev Team, RoadMap dan Crowdsales Spec's)




Curhat Cryptocurrency 56 - Memahami Apa Itu QTUM Platform Dalam Industri Teknologi Blockchain

https://www.youtube.com/watch?v=S8GpDfOHxdU
sr. member
Activity: 686
Merit: 250
The first solution in the World for cardiovascular
Crowdsale start 1st march, right guys? and where it will be, one the site or on exchanges?
and how many tokens are total and how many will be selled? and please write price and bonus info if there will be, thank you
and wish luck to your project.
hero member
Activity: 868
Merit: 1000
it seems in china, people know dev team will only hold less than 13% of the total token.
7% coin for 1400BTC already sold out to all the angel investor.

so it's 20% = 7% (private investor for 1400BTC, Roger Ver or Anthony will not sell their token for small profit. Roll Eyes,why you worry) +13% (hold by dev team and distribute to team member in next 4 years )

another 20%= 10% for coinswap(with some good project) +10% support 10 industry(each industry support 1%) (will be hold by PWC, transfer to community later)

9%= academic research and education, cooperate with Best university and also promotions of Qtum adoption.(will be hold by PWC,transfer to community later)

51%= crowdsale,will be hold by community.

Read the  https://qtum.org/whitepaper/ blockchain economy whitepaper guys..

also join the Chinese wechat group, so you can get more informations.
since all Chinese people know the details..

When they say transfer to the community they mean sell to the community, right? If those tokens are needed to fund the coin-swap, development, research, etc then they are going to have to sell those shares to generate the funds they need to finance those things.
legendary
Activity: 1932
Merit: 1003
it seems in china, people know dev team will only hold less than 13% of the total token.
7% coin for 1400BTC already sold out to all the angel investor.

so it's 20% = 7% (private investor for 1400BTC, Roger Ver or Anthony will not sell their token for small profit. Roll Eyes,why you worry) +13% (hold by dev team and distribute to team member in next 4 years )

another 20%= 10% for coinswap(with some good project) +10% support 10 industry(each industry support 1%) (will be hold by PWC, transfer to community later)

9%= academic research and education, cooperate with Best university and also promotions of Qtum adoption.(will be hold by PWC,transfer to community later)

51%= crowdsale,will be hold by community.

Read the  https://qtum.org/whitepaper/ blockchain economy whitepaper guys..

also join the Chinese wechat group, so you can get more informations.
since all Chinese people know the details..

Honestly, why should non Chinese people have to go join Chinese sites/exchanges/forums in order to receive information or to participate in this ICO?  Seems like this project is favoring Chinese investors and Angel backers.  Less than 2 weeks left before the ICO and there's no details on Bitcointalk yet.  
sr. member
Activity: 784
Merit: 425
it seems in china, people know dev team will only hold less than 13% of the total token.
7% coin for 1400BTC already sold out to all the angel investor.

so it's 20% = 7% (private investor for 1400BTC, Roger Ver or Anthony will not sell their token for small profit. Roll Eyes,why you worry) +13% (hold by dev team and distribute to team member in next 4 years )

another 20%= 10% for coinswap(with some good project) +10% support 10 industry(each industry support 1%) (will be hold by PWC, transfer to community later)

9%= academic research and education, cooperate with Best university and also promotions of Qtum adoption.(will be hold by PWC,transfer to community later)

51%= crowdsale,will be hold by community.

Read the  https://qtum.org/whitepaper/ blockchain economy whitepaper guys..

also join the Chinese wechat group, so you can get more informations.
since all Chinese people know the details..

You made a super statement, my friend. thank you
full member
Activity: 414
Merit: 101
it seems in china, people know dev team will only hold less than 13% of the total token.
7% coin for 1400BTC already sold out to all the angel investor.

so it's 20% = 7% (private investor for 1400BTC, Roger Ver or Anthony will not sell their token for small profit. Roll Eyes,why you worry) +13% (hold by dev team and distribute to team member in next 4 years )

another 20%= 10% for coinswap(with some good project) +10% support 10 industry(each industry support 1%) (will be hold by PWC, transfer to community later)

9%= academic research and education, cooperate with Best university and also promotions of Qtum adoption.(will be hold by PWC,transfer to community later)

51%= crowdsale,will be hold by community.

Read the  https://qtum.org/whitepaper/ blockchain economy whitepaper guys..

also join the Chinese wechat group, so you can get more informations.
since all Chinese people know the details..
full member
Activity: 207
Merit: 100
member
Activity: 75
Merit: 10
-09-
Why only 51% selling during the ICO?

Greedy dev team!
legendary
Activity: 1354
Merit: 1000
Where can I join the bounty?
legendary
Activity: 1134
Merit: 1599
How much total coins, what's the price to invest in this ICO?

Tell me if I'm wrong, but I don't think the price is known yet. The price is usually extremely high in the first few days and then goes down to a stable one (talking about altcoins), but I don't think anyone can really say how much will the price be.. I think it'll be high though, I'm interested in this announcement. Smiley
sr. member
Activity: 588
Merit: 250
Crypto is Life!
Any idea about the exact date of ICO ? Is it confirmed that it will be on 1st March ?
sr. member
Activity: 242
Merit: 250
Interesting project with interesting team behind it. Whitepapers, website, and everything looks very professional. Keeping my eye on this one. I guess my only concern, like many others, is that only 51% of funds are sold to ICO investors and the rest is being kept by the team et al. 49% token share + all the money you are going to raise through the ICO seems ridiculous (and unprecedented).

And it appears the distribution numbers don't take into account inflation from PoS either? Or am I missing something? It says 51% will be distributed to community (through ICO), 20% team/angels, 20% business development, and 9% for research etc. But then there will also be coins produced through PoS that aren't included in this breakdown, right? So there will be more inflation/share dilution that an ICO investor needs to be aware of. What is the breakdown of the inflation due to PoS?

Also, as a potential investor I wish only BTC was being used to fund development and research instead of the using a share of the tokens. You plan to sell 29% shares of the token to generate funds over 3-4 years, which is going to drive the price down during that time. And when you say "Ultimately, 100% tokens will be allocated to the community so that Qtum can become a truly open source community." Isn't that just the same as saying you are also going to sell your 20% team/angel shares?

Yes, BTC only is better, ETH funding is in fluctuation. 20% business development is too much, it is a part of the team too. 9% research is as well. So the team holds too many tokens.
sr. member
Activity: 425
Merit: 250
How much total coins, what's the price to invest in this ICO?
legendary
Activity: 1932
Merit: 1003
To be honest, the way this ICO is being structured, it will favor the Chinese investors/exchange owners and the Angel backers.  51% of tokens being offered on 4 different Chinese exchanges, meaning each one will offer about 13 million tokens.   I have no doubt the exchanges will be buying up a chunk of that and reselling it at a much higher rate.  Too many different ICO sources leaves too many opportunities for manipulation. 
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