Topic: [ANN] [STJ] STORJ Token Sale :: 19th May - 19th June - page 15. (Read 20911 times)

A little incomprehensible for me the process of investing in a project that already exists not for the first year. I give preference to new projects.

I've asked before but looks like nobody answered. Still I'm very interested to read an answer.

with this is ICO sale, team kinda sets a price for old coins (that will be swapped 1:1). Am I right? Were there any similar precedents in crypto world?

BTC is too slow, and the TX fee is too high, better use ETH

wow USD total raised 24,878,144.69 $$
good basic eth big suporter and investor 

Good project indeed.Can we participate with btc and eth both?

Sale is going very well! Congrats to the team so far!

9,5M in 36h, still 5,5M to go don't be too late

This is really nice to hear that the team was able to raise a very good amount close to 30$ million which seems to be boosting the confidence of investors and this coin potentially could provide a good return if invested in this alt currency.

done invest gogo $30M ico close?

Woww this great success . USD Total Raised 23,314,323.92 . Congratulations

I really liked the concept of storj and i am happy to see more innovation being carried out after the successful introduction of crypto currencies and the power of p2p has extended to a decentralized cloud storage solution which i never thought is a possibility a few years back,token sale is already a success and it is a matter of time we reach the market cap.

Followed storjproject in Twitter and activated storj bot in Telegram and I would say I am impressed with the update that they publish from time to time. This is the type of project that we need, a company that is transparent and not hiding any from the public.

wow USD total raised 22,805,904.76 
this is a big investor and project good longtren
Storj to the moon

Collaboration with Microsoft?  I have no idea what you're talking about.

Converting old coin to new one.  It will be a simple process of sending your coins to an official website, and getting an equal number of new coins back to your wallet address.   The old coins used the Bitcoin blockchain (Counterparty) and the new ones will use the Ethereum blockchain.

Why bring new ico?  Storj was switching to the Ethereum blockchain instead of the Bitcoin blockchain to speed transactions and reduce fees.  It made sense to also do another coin sale round.  They did not create more coins.  They have held the majority of coins and decided to sell and burn an equal portion during the sale.

What if the demand for storage is not so great?  Well, that's a question you can apply to any business.  What if nobody needs to buy bricks any more?  What happens to the Brick maker?   I can't answer that. 

How did they handle the presale?  It was announced months in advance.  It was laid out in various blog postings.  It was public the entire time.  Anyone could have participated if they met the minimum threshold.

Why will it take 4 weeks?  It will take until the end of the sale.  So if you bought your coins on the first day, you have to wait until at least the end of the sale, so everyone gets their coins at around the same time.

Why a new ICO?  Funding to help the project.  They control the majority of coins because the first ICO didn't sell that well.  (Unfortunate because the price then was 22 cents a coin, and now it's 50 cents)  So because they are switching coin back ends, they are having another sale from the same coin supply.  New coins were not created.

What is about the collaboration with Microsoft?
Converting old coin to the new one, is a potentially good thing or a bad thing for investor?
The coin will be released on poloniex but is already on poloniex and bittrex, why bring new ico, what happen with the older ico?
What If the demand for storage is not so great and there won't be many prosperous farmers?
How did presale gather this sum of over 15 milion in such short period?
Why would take up to 4 weeks to release the new takes if there is already the token in the market?
Why needed a new ico for the same product?

BTC and ETH that you see represents 7M only because 15M was raised in the presale

USD Total Raised 22,210,238.85

BTC 1,392.21

ETH 35,911.69

According to my calculations, this amount is not obtained

what is fair price for you ? because actually SJCX is trading at 60c not 50c..

I will let this pass, I just don't buy into the idea of RICO, it is unfair to new investors the price has already been priced into this. I will rather wait and buy on exchange at a fair price