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Topic: [ANN] TOKEN SALE - Gladius Network [GLA] - DDoS Protection On The Blockchain - page 64. (Read 55355 times)

sr. member
Activity: 616
Merit: 250
Vey nice project, This is the first project which protective of DDOS attacks,
I think Gladius could become the rival of cloudflare.
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Who are competitors of Gladius (apart of industry giants)? Anyone else utilising blockchain abd distributed service?
I do not think there is a gladius ico/business clone...If there is I havent seen it.
hero member
Activity: 1008
Merit: 501
Who are competitors of Gladius (apart of industry giants)? Anyone else utilising blockchain abd distributed service?
member
Activity: 82
Merit: 13
Nothing in the cry of cicadas suggests ...
First impressions of the project is good. I really like unique projects which use blockchain technology. Here are couple of questions:
1. What will you do with the unsold tokens? will you burn them?
2. Is the token a security or utility?

1. From what i read in the whitepaper, the unsold tokens will be locked into vesting pools as far as i understand.

2. I'm pretty sure its classed as a utility, as it fuels the ecosystem for buying and renting bandwidth, but doesn't pay out any form of dividends to tokenholders or represent any shares in the company.

 
Thanks for the clarification!
But I think burning unsold tokens would have been the best option as it looks more fair to the investors.

I've heard that if a token is considered as a security then most of the bigger exchanges like Bittrex will not add it is that true? So to prove that as an utility do gladius has to take any kind of test?

There's no official "test" that guarantees that a token is not a security - but the closest thing we have to one is the "Howey Test" which is the result of a U.S. Supreme Court decision that happened about 70+ years ago, and the SEC seems to have used it ever since when taking action.  There is a really excellent document about this floating around -just type "A Securities Law Framework for Blockchain Tokens" into your favorite search engine and you'll find a PDF.  Great document - but in the back of that doc, you'll find a link to a Google Spreadsheet that actually allows you to conduct your own "Howey Test."  Pretty good stuff.  Of course, no one knows what the SEC is going to do but the SEC, but for us mortals it's a decent enough set of tools to guide us in our decisions, in my opinion.  Essentially, if there is no expectation that the token provides equity in the company or an expected return on investment, and if it confers utility - that is a way to use it on the network - then it's most likely not going to be considered a security.  But check that document out - very interesting stuff...
member
Activity: 82
Merit: 13
Nothing in the cry of cicadas suggests ...
Can you purchase token if you are a USA citizen or live in the United States?
I don't know more about legality ICO for USA. I think the government's prohibition against the ICO and also partitioned in the ICO. (Which allows great risk without any responsibility). But If those who have interested with ICO, I gues their right following this, if those have bought, the government will not be able to trace it, nor is it crime.

There is no prohibition in the U.S. for ICO's, as you say, it's not a crime - and certainly not a crime to participate as a contributor.  The current position from the standpoint of the Security and Exchange Commission in the U.S. is uncertain, and that causes a lot of ICO's to reflexively ban United States citizens from participating.  But if the company that is running the ICO does some homework, or seeks legal advice, they find out that as long as the ICO is framed a certain way, there is little chance that the token will be seen from the SEC as a "Security" which would open the ICO to legal trouble, if they didn't register it as such (and almost none do, since it's prohibitively expensive for a startup).  We have seen the SEC actually act against two ICO's (run by the same company) recently, but if you look carefully into it, you will see that the SEC is going after just the right types of people in this case.  So by and large, if you look carefully at ICO's from the perspective of the Howey test, you will find that most of them nowadays, with few exceptions, are being careful to present themselves in a way that will not cause them trouble later.  This particular ICO is a straight-up "utility" token, so they are hewing the right line.
hero member
Activity: 565
Merit: 500
Crypto enthusiast for years.
Not many posts here on BTCtalk, much more talk about o Telegram, but I personaly like this Project and follow progress made here. This will be good ICO.
newbie
Activity: 23
Merit: 0
I just want to know if any photos or LinkedIn profile for every team member?
member
Activity: 79
Merit: 10
So, I've read your white paper and am very intrigued by your project.  I have a question though.  You mention a maximum token issuance of 96,320,000. A relative number, no concerns about the number.  But you mention that all tokens will be created at Token Creation phase and never again.  Does this mean there are no plans to counter token-loss due to user errors, wallet losses, and deaths?  Or are these events only going to be seen as another way of causing token scarcity, like BTC?
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
Good project.Will think and study.
Thanks if you have any questions let us know, the core team is super active on here and on telegram.

I also joined their telegram and you're right this team very active there, this is the best project and i guess with active communication between the team and other people /investors can make this project success
I agree with you . They respond positively and are always concerned about their community. If this project succeeds surely there will be a DDOS revolution because the first blockchain technology can interfere with DDOS and surely people will enjoyed this project
full member
Activity: 350
Merit: 100
Good project.Will think and study.
Thanks if you have any questions let us know, the core team is super active on here and on telegram.

I also joined their telegram and you're right this team very active there, this is the best project and i guess with active communication between the team and other people /investors can make this project success
full member
Activity: 396
Merit: 100
whether to signature program will be accepted every day of the week?
for example I installed my Friday signature, so I have to post until Sunday. is it like that ?
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Will you guys let anyone join the program to earn money? I have a home PC, is that good enough to rent to you and earn some money? Will I be paid in a bank wire or bitcoin or how will that work?
After ICO details will be provided on how to join and everyone will be invited to sign up to the program. For me specific details please see the telegram group as that is a topic that has been discussed on there: https://t.me/gladiusio
newbie
Activity: 22
Merit: 0
Will you guys let anyone join the program to earn money? I have a home PC, is that good enough to rent to you and earn some money? Will I be paid in a bank wire or bitcoin or how will that work?
newbie
Activity: 42
Merit: 0
I just joined telegram and i see you have over 2000 people in the group but nothing loads

Is this normal?
Have you checked your internet connection? It's probably the correct group as there are 2100+ people in it but it is very active.
Ah yes, that was the problem i restarted my data and it worked! Thanks.
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
I just joined telegram and i see you have over 2000 people in the group but nothing loads

Is this normal?
Have you checked your internet connection? It's probably the correct group as there are 2100+ people in it but it is very active.
newbie
Activity: 42
Merit: 0
I just joined telegram and i see you have over 2000 people in the group but nothing loads

Is this normal?
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
Good project.Will think and study.
Thanks if you have any questions let us know, the core team is super active on here and on telegram.
full member
Activity: 938
Merit: 111
Good project.Will think and study.
sr. member
Activity: 518
Merit: 275
If you fail...just dont fail again
So is their public pre-sale start yet or not?
or is it still private

It seems to be still private%)

As for me personally, Im interested in this idea) Soon I'll finish reading WP soon and make descision for to participate or not  Wink
Yeah, I really like it, its needed. I'm not just an investor this is going to be one of those rare ICOs where I end up being a customer as well.
member
Activity: 66
Merit: 10
So is their public pre-sale start yet or not?
or is it still private

It seems to be still private%)

As for me personally, Im interested in this idea) Soon I'll finish reading WP soon and make descision for to participate or not  Wink
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