Achieving critical mass, trading volume, liquidity and institutional adoption will be key to Ternion success and therefore challenging. Good luck guys.
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Topic: [ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 22. (Read 57352 times)
October 21, 2018, 05:19:17 PM
October 21, 2018, 05:18:51 PM
Is Ternion going to have tier level for KYC process?
I think they mentioned that you will need to withdraw over 1k USD worth of crypto. can any one confirm please?
So this would mean you could withdraw any amount under 1k USD without having to go through a KYC process? That would be nice but it's hard to believe. The whitepaper doesn't say much about KYC at all.
October 21, 2018, 04:29:04 PM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
They should really consider this. I mean, $1.7 million is already quite a good result and it seems like they can even make their exchange work when the current softcap isn't reached.
Yeah, maybe they could try to change their softcap plan and make it lower with at least $2 million since they've already decided to push through with the project even if they don't hit softcap.
October 21, 2018, 03:05:21 PM
Achieving critical mass, trading volume, liquidity and institutional adoption will be key to Ternion success and therefore challenging. Good luck guys.
October 21, 2018, 02:37:59 PM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
They should really consider this. I mean, $1.7 million is already quite a good result and it seems like they can even make their exchange work when the current softcap isn't reached.
October 21, 2018, 02:25:32 PM
I dont know why investors are not turning in into investing in ICO even after having an mvp and demo site available already. I am not seeing TRN reaching its soft cap, may be they lower the cap or start the project with whatever they have got already.
If they held ICO 1 year ago, they would raised hard cap easily. Having MVP and demo site distinguish them from 80% ICO projects, but now a different time and now a different market.
October 21, 2018, 01:32:32 PM
I dont know why investors are not turning in into investing in ICO even after having an mvp and demo site available already. I am not seeing TRN reaching its soft cap, may be they lower the cap or start the project with whatever they have got already.
If they held ICO 1 year ago, they would raised hard cap easily. Having MVP and demo site distinguish them from 80% ICO projects, but now a different time and now a different market. 
October 21, 2018, 01:26:17 PM
I dont know why investors are not turning in into investing in ICO even after having an mvp and demo site available already. I am not seeing TRN reaching its soft cap, may be they lower the cap or start the project with whatever they have got already.
October 21, 2018, 01:16:43 PM
The team confirmed that even if they wont reach the soft cap then also they will be launching the exchange in November, but may be without TRN as a token. I hope they will reach the soft cap as I see good potential in it and it can become something in future.
October 21, 2018, 01:11:59 PM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
Especially in current market conditions, especially considering they already moved ahead with the platform development. Btw, when does ternion sale end?
Token sale ends Dec 30 so actually still enough time to reach softcap. And if not, yes they should think about reducing their softcap, maybe end of Dec they have raised 2m $ or more which is really a good amount considering they don't need it for platform development.
October 21, 2018, 12:54:54 PM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
Especially in current market conditions, especially considering they already moved ahead with the platform development. Btw, when does ternion sale end?
Token sale ends Dec 30 so actually still enough time to reach softcap. And if not, yes they should think about reducing their softcap, maybe end of Dec they have raised 2m $ or more which is really a good amount considering they don't need it for platform development.
October 21, 2018, 12:40:22 PM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
Especially in current market conditions, especially considering they already moved ahead with the platform development. Btw, when does ternion sale end?
October 21, 2018, 12:01:13 PM
We will have TRN implemented in the Exchange, thus it will drive the demand for the token on the market.
So you will have TRN tokens in any way (even if softcap will not reaches)? What main using of the tokens? Reduce fees for trading? Are you going to take payment fees for listing in TRN tokens?
Token has a discount fee option and a burn function as far as i know. But about soft cap i am not sure, my guess is still the same, the current number is not that bad to reduce to soft cap.
October 21, 2018, 11:55:45 AM
We will have TRN implemented in the Exchange, thus it will drive the demand for the token on the market.
So you will have TRN tokens in any way (even if softcap will not reaches)? What main using of the tokens? Reduce fees for trading? Are you going to take payment fees for listing in TRN tokens?
October 21, 2018, 11:09:25 AM
I still believe they will reduce the soft cap if they don't reach it.
In my opinion, the current amount isn't something you can refuse.
In my opinion, the current amount isn't something you can refuse.
October 21, 2018, 10:15:38 AM
Is Ternion going to have tier level for KYC process?
I think they mentioned that you will need to withdraw over 1k USD worth of crypto. can any one confirm please?
The current investment portal has the KYC tool, and this could facilitate the negotiation and use of the platform for those who have already done so in advance. I asked here if there would be an integration between the current portal and the exchange, but I think there was no response for that
October 21, 2018, 09:09:48 AM
Is Ternion going to have tier level for KYC process?
I think they mentioned that you will need to withdraw over 1k USD worth of crypto. can any one confirm please?
So this would mean you could withdraw any amount under 1k USD without having to go through a KYC process? That would be nice but it's hard to believe. The whitepaper doesn't say much about KYC at all.
October 21, 2018, 08:41:51 AM
Is Ternion going to have tier level for KYC process?
I think they mentioned that you will need to withdraw over 1k USD worth of crypto. can any one confirm please?
October 21, 2018, 08:30:26 AM
Is Ternion going to have tier level for KYC process?
October 21, 2018, 07:05:36 AM
You have a live counter of raised funds or this counter updating time to time? You raised just 1.7 mln right now?
1,7m is a lot of money for a start-up. Non-blockchain start-ups would kill for that amount of money.
The only question is if this is enough to develop the exchange to a working state.
I see. this is less than half the money they need at least. On the other hand they have already said the project will continue even if they don't reach the SC.
They also said the development is almost done, so I don't really know why they need $5 mil in softcap if the development is close to being completed.
For advertizing you cant have enough money, but its big amount, you are right.
Best advertisement imho are the ref links of twitter superstars, the GUI that works flawlessly, and the working customer service that speaks fluent English and understands what they are doing.
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