I would, its just that your website cant handle the traffic. Cant login etc. Bad gateway.
Yes, we are looking into it. Please try tomorrow, I will make sure it is fixed. This was happening for a few days now, as others noticed. Sorry about that. 
Topic: [ANN] Royal Kingdom Enterprise ICO - page 14. (Read 14568 times)
And you knew that not earlier? Seems like you guys did the perfect scam 
Quote
so what now? you said you depend on one guy's promise? what are you? and you claim yourself as a company?
when can we trade the coin? otherwise, this is such a scam. Lucky i didn't invest much into this coin.
No this is not a scam. Why would you say that? Us not being on Bittrex on the first day does not make us scam.when can we trade the coin? otherwise, this is such a scam. Lucky i didn't invest much into this coin.
We will get through this despite the situation. The Bittrex situation is a slight wrinkle. If you don't believe in our success already, we will gladly refund you. The scammers wouldn't.
Just create a support ticket.
Dont get to mad, its not good for your health. They probable are laughing about your reaction while they drink champagne from all the victims money. Get over it and invest in decent projects and let those scumbags choke in their champagne .
so what now? you said you depend on one guy's promise? what are you? and you claim yourself as a company?
when can we trade the coin? otherwise, this is such a scam. Lucky i didn't invest much into this coin.
when can we trade the coin? otherwise, this is such a scam. Lucky i didn't invest much into this coin.
And you knew that not earlier? Seems like you guys did the perfect scam
=== Bittrex Trading Email ===
Hi all,
The most significant event today for us was supposed to be the trading on Bittrex, one of the largest exchanges. It seems that it’s not going to happen. As we believe in open communication and transparency, we will shortly explain what took place. If you are not interested, you can skip the next paragraph.
One of our marketing guys we hired told us several days ago: “See I am partners with the Owner of Bittrex, 4 years like a brother” and promised us that he would absolutely get us on Bittrex. We only had to pay him up-front in Bitcoin, and we did, and we relayed this promise to you. We followed up with him every day, and he was saying everything is under control, but the hope was fading with each day. And today, instead of preparing our own platform for trading, we were trying to resolve this issue and reached directly to Bill from Bittrex, who has confirmed the ongoing friendship but declined the partnership or any affiliation with Bittrex, and said that the guy shouldn’t have promised us this. We are very disappointed that this happened, but we need to move on with our tasks. We did not try to use Bittrex name to hype the coin up -- we can provide any proof confirming this. We have fired the guy and will try to recover the payment. At the same time, we will take 48 hours more to get our platform to the best state possible to make it a primary trading exchange for RKC. We are also going to continue efforts to get it listed on as many exchanges as possible.
In other news, redistribution successfully took place on the platform. 1,760,220 RKC (11%) were to be redistributed, and they did, according to whichever percentage of 15,000,000 you were holding at the moment. Funny thing about it - the ICO wallet that held that 11% was entitled to 11% of that amount, due to the way the premium algorithm works. And the private key to that wallet doesn’t exist. So this means, effectively, that 11% of the coins got burned, decreasing the supply. Moreover, with each premium paid, that wallet with locked 11% will always be entitled to 11% of 11% (~1%) of all the premiums. This is actually a good thing - while you can spend your premiums (sending the price back up), this wallet can’t. Never. It means the supply of the coins will be steadily decreasing each month (not for 1% each month, but for 1% of the premium amount). And we promised to buy them each month from the open market. If people refuse to sell, we will offer bigger and bigger price until someone does. The coins are going to become more and more rare, and the price should follow the supply formula. It’s going to be very exciting to see how this will actually play out.
We have also sent out bounty payments for categories “Articles” and “Facebook.” According to the terms, we have 96 hours after the end of the ICO to sent bounty payments, so the rest (“Twitter” and “Signature” categories) will be sent out tomorrow.
That’s it for the day. Thank you for reading this to the end. Have a good evening.
Best regards,
VentureKingdom
===
Hi all,
The most significant event today for us was supposed to be the trading on Bittrex, one of the largest exchanges. It seems that it’s not going to happen. As we believe in open communication and transparency, we will shortly explain what took place. If you are not interested, you can skip the next paragraph.
One of our marketing guys we hired told us several days ago: “See I am partners with the Owner of Bittrex, 4 years like a brother” and promised us that he would absolutely get us on Bittrex. We only had to pay him up-front in Bitcoin, and we did, and we relayed this promise to you. We followed up with him every day, and he was saying everything is under control, but the hope was fading with each day. And today, instead of preparing our own platform for trading, we were trying to resolve this issue and reached directly to Bill from Bittrex, who has confirmed the ongoing friendship but declined the partnership or any affiliation with Bittrex, and said that the guy shouldn’t have promised us this. We are very disappointed that this happened, but we need to move on with our tasks. We did not try to use Bittrex name to hype the coin up -- we can provide any proof confirming this. We have fired the guy and will try to recover the payment. At the same time, we will take 48 hours more to get our platform to the best state possible to make it a primary trading exchange for RKC. We are also going to continue efforts to get it listed on as many exchanges as possible.
In other news, redistribution successfully took place on the platform. 1,760,220 RKC (11%) were to be redistributed, and they did, according to whichever percentage of 15,000,000 you were holding at the moment. Funny thing about it - the ICO wallet that held that 11% was entitled to 11% of that amount, due to the way the premium algorithm works. And the private key to that wallet doesn’t exist. So this means, effectively, that 11% of the coins got burned, decreasing the supply. Moreover, with each premium paid, that wallet with locked 11% will always be entitled to 11% of 11% (~1%) of all the premiums. This is actually a good thing - while you can spend your premiums (sending the price back up), this wallet can’t. Never. It means the supply of the coins will be steadily decreasing each month (not for 1% each month, but for 1% of the premium amount). And we promised to buy them each month from the open market. If people refuse to sell, we will offer bigger and bigger price until someone does. The coins are going to become more and more rare, and the price should follow the supply formula. It’s going to be very exciting to see how this will actually play out.
We have also sent out bounty payments for categories “Articles” and “Facebook.” According to the terms, we have 96 hours after the end of the ICO to sent bounty payments, so the rest (“Twitter” and “Signature” categories) will be sent out tomorrow.
That’s it for the day. Thank you for reading this to the end. Have a good evening.
Best regards,
VentureKingdom
===
Hi, is listing in Bittrex at the same time trading starts at VentureKingdom still going ahead? Cheers.
Coinmarketcap ?
I can't login to venturekingdom? is the site offline,or should i wait till trading will open
Yeah, we're experiencing some problems. It's not offline, it just loads really slow sometimes. We are working on moving the platform to a better server and making it faster in a few days, but right now you probably just need to wait a couple of minutes until it's back again. 
I can't login to venturekingdom? is the site offline,or should i wait till trading will open
Hi all,
Quickly answering the questions:
Q: Have we been allowed to remove the signature?
A: Of course! The signature campaign is over.
Q: Hello. How will the remuneration take place, through the office?
A: It happened right at the end of the ICO. It's been reflected on VentureKingdom a couple of hours ago. You can see it in your transaction history.
Q: Is there no bounty in this project like facebook, twitter, and others. If any i will join. thaks so much.
A: Thanks for the offer, but no campaigns right now. We will have them in the future though and publish the details in this thread.
Quickly answering the questions:
Q: Have we been allowed to remove the signature?
A: Of course! The signature campaign is over.
Q: Hello. How will the remuneration take place, through the office?
A: It happened right at the end of the ICO. It's been reflected on VentureKingdom a couple of hours ago. You can see it in your transaction history.
Q: Is there no bounty in this project like facebook, twitter, and others. If any i will join. thaks so much.
A: Thanks for the offer, but no campaigns right now. We will have them in the future though and publish the details in this thread.
Is there no bounty in this project like facebook, twitter, and others. If any i will join. thaks so much.
Hallo dev, are you planning to list in Coinmarketcap ?
Hello. How will the remuneration take place, through the office?
Have we been allowed to remove the signature?
Like your promise .. will send RKC to wallet today ,, i am looking forward to it ..
Congratulations to you ,, and thank you for giving me the opportunity to participate in your project ..
Congratulations to you ,, and thank you for giving me the opportunity to participate in your project ..
Dear contributors,
Thank you very much for your support!
The ICO was a huge success for us: we have netted more than half a million dollars! It might not seem like a lot compared to other ICOs, but if we keep in mind that we are a small company and that we didn't have a large marketing budget, it went perfectly for us. We now have enough to extend the team and make progress for half a year minimum.
But the ICO was not the final goal in itself, it's just the beginning. It's a financial cushion we will use to generate other sources of profit using our new projects. Then, as we promised, at the end of each month, starting from January 2018, we will use 50% of our profits to buy RKC off of the open market (driving the price up), and redistribute it between all token holders proportionally (and other 50% of profits reinvested back). Then you decide: either sell the difference or keep it.
Innovation and disruption are not the things we should rush into, so we will need some time to expand the team, organize everything, and start working on the projects. We will be updating you with more news at least once a month, probably on the last day of each month. It does not mean that we will not come up with anything until January - we will have the first awesome updates very soon!
And now, a bit of housekeeping. It's a long list of questions/answers, so you might want to read what you find interesting.
Q: When are you going to enable trading?
A: The trading starts tomorrow, on August 14, at 10:00 PM UTC. Due to the nature of Tomorrow Exchange being experimental, we have decided not to add RKC there just yet, at this stage. Instead, we are going to enable it on VentureKingdom platform itself. Moreover, RKC will appear on Bittrex, and if everything goes well, it will start at the same time as ours.
Q: How do I withdraw RKC to the exchange?
A: At 8:00 PM tomorrow, Deposit and Withdraw buttons in Wallet section for RKC are going to become functional. It works the same way as Bitcoin or Ethereum on our platform, so you will not get lost.
Q: Should I sell RKC or should I hold it? Will RKC price rise?
A: We cannot tell you that, it's your decision. But just in case you are not very familiar with the altcoin trading, it can be fierce. After the ICO some of the people might decide to sell RKC, and the price could dip. Then if other contributors are afraid of what is going on with the price, they might decide to sell too, further lowering the price. This is called "panic sell", and it happened with every coin in the history. Fortunately, it's usually reversed very soon. After it, the coin price is a subject to normal market fluctuations, but if the volume is low, they can look large at first. We do not care about all that, because the value of RKC is not in itself, but in our company's performance, which will result in profits, which will be reflected in the coin price after we pay premiums. So you need to decide: if you want a quick profit and you have bought the coins cheaply - you might sell right now, but if you see the value in RKE and decide to be a long-term holder - it's probably for the best not to worry about the chart until the first premium pack is paid out. Remember - nobody can make you sell RKC for the low price if you don't sell it for such.
Q: I've participated in the bounty program. How do I receive RKC?
A: Thanks for participation! Your RKC balance will be updated tomorrow at 8:00 PM. If you think the amount is invalid or you have any questions about the bounty program, please create a support ticket.
Q: How do premiums work?
A: Unfortunately, Ethereum is a very limited platform regarding functionality. We squeezed out of it everything we could, but an automatic RKC distribution with an unlimited amount of wallets is impossible. We found a way around it though - instead of updating all the wallets at one time, it only updates with the next transaction from the wallet. Example: we have created a premium pack of 1,000 RKC. You have 150,000 RKC in your wallet, which is 1%. Then you are entitled to 10 RKC more (1% of 1,000). But to claim it, you need to create a transaction of any amount of RKC. You can decide to send 1 RKC to a friend, or all 150,000 to the exchange, or just send 1 RKC back to yourself. After the transaction is confirmed, you immediately get 10 RKC more in your wallet. It was the only way to do that in Ethereum properly.
Q: What happens with premiums if my RKC is on the exchange?
A: If your RKC is on the exchange, the exchange will get the premiums instead. Then it will depend on the exchange, whether it will distribute the premiums between users or not. In VentureKingdom, Tomorrow Exchange and in our other products, we will pay premiums automatically. About other exchanges, you would have to ask them. One way around this is to send your RKC to the platform, wait for the premium pack to be added, and then make a withdrawal back to the exchange.
Q: What is redistribution?
A: By redistribution, we mean the proportional redistribution of the tokens that were not sold in the ICO. 2,700,000 coins were in the ICO pool at the beginning, 939,780 were sold. Remaining 1,760,220 RKCs are paid as the first premium pack.
Q: When will redistribution happen?
A: It already happened, inside the smart contract. If you didn't use VentureKingdom to acquire RKC, you just need to make any RKC transaction from your wallet, even to yourself. For VentureKingdom, the balances will be updated tomorrow at 8:00 PM UTC.
Have a question we have not answered? Please submit a support ticket, we will respond as soon as possible.
Thank you all, and see you soon! We will be updating you regularly on what's going on with us.
Best Wishes,
Royal Kingdom Enterprise Team
Thank you very much for your support!
The ICO was a huge success for us: we have netted more than half a million dollars! It might not seem like a lot compared to other ICOs, but if we keep in mind that we are a small company and that we didn't have a large marketing budget, it went perfectly for us. We now have enough to extend the team and make progress for half a year minimum.
But the ICO was not the final goal in itself, it's just the beginning. It's a financial cushion we will use to generate other sources of profit using our new projects. Then, as we promised, at the end of each month, starting from January 2018, we will use 50% of our profits to buy RKC off of the open market (driving the price up), and redistribute it between all token holders proportionally (and other 50% of profits reinvested back). Then you decide: either sell the difference or keep it.
Innovation and disruption are not the things we should rush into, so we will need some time to expand the team, organize everything, and start working on the projects. We will be updating you with more news at least once a month, probably on the last day of each month. It does not mean that we will not come up with anything until January - we will have the first awesome updates very soon!
And now, a bit of housekeeping. It's a long list of questions/answers, so you might want to read what you find interesting.
Q: When are you going to enable trading?
A: The trading starts tomorrow, on August 14, at 10:00 PM UTC. Due to the nature of Tomorrow Exchange being experimental, we have decided not to add RKC there just yet, at this stage. Instead, we are going to enable it on VentureKingdom platform itself. Moreover, RKC will appear on Bittrex, and if everything goes well, it will start at the same time as ours.
Q: How do I withdraw RKC to the exchange?
A: At 8:00 PM tomorrow, Deposit and Withdraw buttons in Wallet section for RKC are going to become functional. It works the same way as Bitcoin or Ethereum on our platform, so you will not get lost.
Q: Should I sell RKC or should I hold it? Will RKC price rise?
A: We cannot tell you that, it's your decision. But just in case you are not very familiar with the altcoin trading, it can be fierce. After the ICO some of the people might decide to sell RKC, and the price could dip. Then if other contributors are afraid of what is going on with the price, they might decide to sell too, further lowering the price. This is called "panic sell", and it happened with every coin in the history. Fortunately, it's usually reversed very soon. After it, the coin price is a subject to normal market fluctuations, but if the volume is low, they can look large at first. We do not care about all that, because the value of RKC is not in itself, but in our company's performance, which will result in profits, which will be reflected in the coin price after we pay premiums. So you need to decide: if you want a quick profit and you have bought the coins cheaply - you might sell right now, but if you see the value in RKE and decide to be a long-term holder - it's probably for the best not to worry about the chart until the first premium pack is paid out. Remember - nobody can make you sell RKC for the low price if you don't sell it for such.
Q: I've participated in the bounty program. How do I receive RKC?
A: Thanks for participation! Your RKC balance will be updated tomorrow at 8:00 PM. If you think the amount is invalid or you have any questions about the bounty program, please create a support ticket.
Q: How do premiums work?
A: Unfortunately, Ethereum is a very limited platform regarding functionality. We squeezed out of it everything we could, but an automatic RKC distribution with an unlimited amount of wallets is impossible. We found a way around it though - instead of updating all the wallets at one time, it only updates with the next transaction from the wallet. Example: we have created a premium pack of 1,000 RKC. You have 150,000 RKC in your wallet, which is 1%. Then you are entitled to 10 RKC more (1% of 1,000). But to claim it, you need to create a transaction of any amount of RKC. You can decide to send 1 RKC to a friend, or all 150,000 to the exchange, or just send 1 RKC back to yourself. After the transaction is confirmed, you immediately get 10 RKC more in your wallet. It was the only way to do that in Ethereum properly.
Q: What happens with premiums if my RKC is on the exchange?
A: If your RKC is on the exchange, the exchange will get the premiums instead. Then it will depend on the exchange, whether it will distribute the premiums between users or not. In VentureKingdom, Tomorrow Exchange and in our other products, we will pay premiums automatically. About other exchanges, you would have to ask them. One way around this is to send your RKC to the platform, wait for the premium pack to be added, and then make a withdrawal back to the exchange.
Q: What is redistribution?
A: By redistribution, we mean the proportional redistribution of the tokens that were not sold in the ICO. 2,700,000 coins were in the ICO pool at the beginning, 939,780 were sold. Remaining 1,760,220 RKCs are paid as the first premium pack.
Q: When will redistribution happen?
A: It already happened, inside the smart contract. If you didn't use VentureKingdom to acquire RKC, you just need to make any RKC transaction from your wallet, even to yourself. For VentureKingdom, the balances will be updated tomorrow at 8:00 PM UTC.
Have a question we have not answered? Please submit a support ticket, we will respond as soon as possible.
Thank you all, and see you soon! We will be updating you regularly on what's going on with us.
Best Wishes,
Royal Kingdom Enterprise Team
when bounty reward distribution sir ?
Congratulations. I will wait for the payment for the Twitter campaign.
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