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Topic: [ANN] [ROUND A of Sale] Ternion - hybrid crypto exchange with a fiat gateway - page 23. (Read 57352 times)

sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
I think their soft cap is around 5 million so they are still far from getting  the neccesary amount to launch the project.

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.
member
Activity: 532
Merit: 50
ONe Social Network.
That's a nice question too I guess. This could have been worked very well during the ICO craze last year but I don't if it works right now (I mean, say that you're going to develop it even if you don't raise any money)
full member
Activity: 462
Merit: 100
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

well the good news is they don't have to reach soft cap. the exchange will work either way.

But they will refund people's investements, so I'm asking again, if their token is built with an utility in mind, what they're gonna do without afromentioned utility?
We will have TRN implemented in the Exchange, thus it will drive the demand for the token on the market.

So if you 're going to refund investors you will print tokens no matter what? Maybe you can also distribute them trough referrals' promotions or something like that
Then, if they will launch the platform not matter what, why is a soft cap?
member
Activity: 532
Merit: 50
ONe Social Network.
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

well the good news is they don't have to reach soft cap. the exchange will work either way.

But they will refund people's investements, so I'm asking again, if their token is built with an utility in mind, what they're gonna do without afromentioned utility?
We will have TRN implemented in the Exchange, thus it will drive the demand for the token on the market.

So if you 're going to refund investors you will print tokens no matter what? Maybe you can also distribute them trough referrals' promotions or something like that
full member
Activity: 658
Merit: 102
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
I think their soft cap is around 5 million so they are still far from getting  the neccesary amount to launch the project.

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.
sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
I think their soft cap is around 5 million so they are still far from getting  the neccesary amount to launch the project.

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.

Maybe the exchange is ready coded and they wait only for better market.  Cheesy
member
Activity: 476
Merit: 10
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
I think their soft cap is around 5 million so they are still far from getting  the neccesary amount to launch the project.

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.
hero member
Activity: 2968
Merit: 605
It seems the demo version is quite sophisticated and its interface is somewhat user-friendly and intuitive. I am really excited to experience the final product soon.

I found it quite adaptive for those who already trade in other exchanges, and also very inclusive for those who are starting the market, there is still plenty of time to perfect any problems. Is there any bonus for any bugs found

Ideally they could provide a budget for bug bounty as a compensation for their effort, this way, it could make the exchange more solid and minimizes the occurrence of platform issues that may arise in the future which could be catastrophic to the exchange's operation.
yes, i have also looked at the demo seems really user-friendly, just hope the final product will be so (easy to use), maybe they should really do a testing session with bounty for those who find bugs...

full member
Activity: 462
Merit: 100
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
I think their soft cap is around 5 million so they are still far from getting  the neccesary amount to launch the project.
member
Activity: 476
Merit: 10
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.  Grin
The only question is if this is enough to develop the exchange to a working state.
sr. member
Activity: 1372
Merit: 259
You have a live counter of raised funds or this counter updating time to time? You raised just 1.7 mln right now?
full member
Activity: 616
Merit: 100
Ternion team is very professional. Project is definitely gaining community attention. we need some good exchange with best customer service

Indeed, its crypto - fiat gateway could be a catalyst towards exchange's features and could force others to implement similarly in order to survive the competition.
hero member
Activity: 1456
Merit: 567
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

well the good news is they don't have to reach soft cap. the exchange will work either way.

But they will refund people's investements, so I'm asking again, if their token is built with an utility in mind, what they're gonna do without afromentioned utility?

So if they don't reach the softcap, they are going to refund the investors but will still be able to have a working exchange? Even without successful funding?

Yes thats what masterman said before.

The token sale ends in the end of December, If we don't reach the soft cap then all the contributions will be returned to the respective beneficiaries, but the project will carry on because we have the Exchange almost ready to go, you can experience it first hand here: https://my.ternion.exchange

sr. member
Activity: 448
Merit: 250
Ternion team is very professional. Project is definitely gaining community attention. we need some good exchange with best customer service
sr. member
Activity: 770
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
It seems the demo version is quite sophisticated and its interface is somewhat user-friendly and intuitive. I am really excited to experience the final product soon.

I found it quite adaptive for those who already trade in other exchanges, and also very inclusive for those who are starting the market, there is still plenty of time to perfect any problems. Is there any bonus for any bugs found

Ideally they could provide a budget for bug bounty as a compensation for their effort, this way, it could make the exchange more solid and minimizes the occurrence of platform issues that may arise in the future which could be catastrophic to the exchange's operation.
I think this is not necessary, because there are firms that are engaged in testing, they are better able to find and fix bugs - this should be handled by professionals.

It is always better to use both, professionals as well as user, coder and hacker motivated by bounty programs.
Dont underestimate hundreds of not professionals, they also can find interesting bugs.
member
Activity: 546
Merit: 12
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

well the good news is they don't have to reach soft cap. the exchange will work either way.

But they will refund people's investements, so I'm asking again, if their token is built with an utility in mind, what they're gonna do without afromentioned utility?

So if they don't reach the softcap, they are going to refund the investors but will still be able to have a working exchange? Even without successful funding?
copper member
Activity: 308
Merit: 1
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

well the good news is they don't have to reach soft cap. the exchange will work either way.

But they will refund people's investements, so I'm asking again, if their token is built with an utility in mind, what they're gonna do without afromentioned utility?
We will have TRN implemented in the Exchange, thus it will drive the demand for the token on the market.
copper member
Activity: 308
Merit: 1
It seems the demo version is quite sophisticated and its interface is somewhat user-friendly and intuitive. I am really excited to experience the final product soon.

I found it quite adaptive for those who already trade in other exchanges, and also very inclusive for those who are starting the market, there is still plenty of time to perfect any problems. Is there any bonus for any bugs found

Ideally they could provide a budget for bug bounty as a compensation for their effort, this way, it could make the exchange more solid and minimizes the occurrence of platform issues that may arise in the future which could be catastrophic to the exchange's operation.
Hey, there! We have bug bounty. Check out our bounty thread here: https://bitcointalksearch.org/topic/bountytrn-ternion-bounty-is-over-4625175
copper member
Activity: 308
Merit: 1
In this market may be Ternion team should look for private investors to reach Soft cap.  Project is really nice but bear market is making very tough to raise fund for any one right now.

I think most of projects that have sales right now target mostly private and institutional investors. Btw, what's ternion minimum investment?
The minimum is 0.1 ETH
full member
Activity: 518
Merit: 101
It seems the demo version is quite sophisticated and its interface is somewhat user-friendly and intuitive. I am really excited to experience the final product soon.

I found it quite adaptive for those who already trade in other exchanges, and also very inclusive for those who are starting the market, there is still plenty of time to perfect any problems. Is there any bonus for any bugs found
Hi, check out our Bounty program for finding bugs here: https://bitcointalksearch.org/topic/bountytrn-ternion-bounty-is-over-4625175
15k tokens for finding bugs, this is a generous reward. In this case, I will try to find something with bug. Perhaps, and I can earn some tokens without investing. Grin
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