[ANN] [TRST] WeTrust - For the People, By the People! - page 185.

freedomfighter

full member

Activity: 210

Merit: 100

Quote from: amintek15 on March 15, 2017, 05:10:03 PM

Quote from: freedomfighter on March 15, 2017, 04:39:26 PM

Hi

How is the total BTC for the crowdfunding being calculated? the dashboard shows 1400BTC out of the 6000goal.

However with the latest ETH/BTC move the 63000+ ETH are worth 1650BTC so in fact over 2000BTC were raised based on current value.

This also has an implication on individual investors: i for example contributed a certain BTC number + X amount of ETH when it was worth 0.0142. With ETH now being 0.0260, the actual BTC's that I invested are actually larger based on the above.

Are you going to calculate this, and adjust the final number of TRST based on the rate at the last day of the sale? or how?

In other words: since the donated ETH is in escrow and is going to be converted to BTC, it seems fair that the total amount is adjusted based on the exchange rate at the end of the crowdsale to reach a final BTC figure for the crowdsale, and adjust the ratio for all contributors.

Thanks

It was said almost on every page. The value is calculate at the moment you send your Eth. And almost every Eth was collected 1 week ago

sorry no time to go over 60 pages. I think that this policy should be changed.

Right now it seems as the 500ETh for the early day-1 contributor will be worth almost half the TRST compared to a person contributing today. This should be leveled and adjusted for EVERYBODY in the last day of the crowdfunding. the project actually raised over 2000BTC to date. This should apply also if ETH goes back to 0.014 by that day.

amintek15

sr. member

Activity: 770

Merit: 251

Quote from: freedomfighter on March 15, 2017, 04:39:26 PM

Hi

How is the total BTC for the crowdfunding being calculated? the dashboard shows 1400BTC out of the 6000goal.

However with the latest ETH/BTC move the 63000+ ETH are worth 1650BTC so in fact over 2000BTC were raised based on current value.

This also has an implication on individual investors: i for example contributed a certain BTC number + X amount of ETH when it was worth 0.0142. With ETH now being 0.0260, the actual BTC's that I invested are actually larger based on the above.

Are you going to calculate this, and adjust the final number of TRST based on the rate at the last day of the sale? or how?

In other words: since the donated ETH is in escrow and is going to be converted to BTC, it seems fair that the total amount is adjusted based on the exchange rate at the end of the crowdsale to reach a final BTC figure for the crowdsale, and adjust the ratio for all contributors.

Thanks

It was said almost on every page. The value is calculate at the moment you send your Eth. And almost every Eth was collected 1 week ago

oaks05

hero member

Activity: 770

Merit: 501

Yea with the rise in value of ethereum they have def raised more than 1350+ btc

freedomfighter

full member

Activity: 210

Merit: 100

Hi

How is the total BTC for the crowdfunding being calculated? the dashboard shows 1400BTC out of the 6000goal.

However with the latest ETH/BTC move the 63000+ ETH are worth 1650BTC so in fact over 2000BTC were raised based on current value.

This also has an implication on individual investors: i for example contributed a certain BTC number + X amount of ETH when it was worth 0.0142. With ETH now being 0.0260, the actual BTC's that I invested are actually larger based on the above.

Are you going to calculate this, and adjust the final number of TRST based on the rate at the last day of the sale? or how?

In other words: since the donated ETH is in escrow and is going to be converted to BTC, it seems fair that the total amount is adjusted based on the exchange rate at the end of the crowdsale to reach a final BTC figure for the crowdsale, and adjust the ratio for all contributors.

Thanks

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

I thing the ANN title should be changed to the current BTC raised so far, I think it is in the range of 1350+BTC now

georgebtalk

newbie

Activity: 40

Merit: 0

Quote from: WeTrustMivsam on March 15, 2017, 01:11:18 PM

Quote from: Deanero on March 15, 2017, 07:01:02 AM

Quote from: modernbuddha on March 14, 2017, 12:37:55 PM

Leveraging the Blockchain for Good: the Blockchain Community comes together for a WeTrust Charity Circle!

Here at WeTrust, we believe that the blockchain can be used for social good. As a demonstration of our commitment to that mission, we recently organized a Trusted Charity Circle (inspired by Trusted Lending Circles) on the WeTrust platform. Here’s how it works:

1. During each week of the Charity Circle, each member will contribute 5 Ether into the pool
2. One member of the group will be selected at random as the winner of the Ether pool each week, with no member winning the pot more than once
3. The recipient of the funds for that week then donates the proceeds to a charity of their choice
4. Over the course of the 5 week period, every week each person ends up contributing 25 Ether to the charity of their choice

The purpose of taking these actions above, is to demonstrate for the first time that the WeTrust Platform is capable of supporting similar use cases where participants collaborate transparently as a group in a financial endeavor, contributes tokens, and receives tokens distributed back to them over time, without the need for a trusted third party. One can imagine all the new ways application developers will use these improved capabilities to build decentralized applications.

We’re very lucky to have some major movers and shakers in the blockchain world generously agreeing to participate in our Trusted Charity Circle. Thank you: Matthew Roszak of Bloq/ Tally Capital, Jeremy Gardner of Blockchain Capital/ Auger, David Johnson of Factom, Emin Gun Sirer of Cornell, and George our co-founder!

https://i.imgur.com/VvVKXCj.png https://i.imgur.com/C9UMDAV.png https://i.imgur.com/UBwQYZ7.png https://i.imgur.com/W9hEG8x.png https://i.imgur.com/UvparyB.png

Hi There Team,

Just curious to know if you have any Blog Bounties running?

Thanks.

@Deanero: No blog bounty, but if there is something specific that you are written we can take a look and decide. We have a contest for Trusted Lending Circle stories, if you are interested: https://medium.com/wetrust-blog/bounty-promo-tell-us-how-you-would-use-a-trusted-lending-circle-b15365ee19fa#.pze401u30

@Deanero: if you have any suggestions on blog postings we should write about, feel free to recommend as well. we listen to our community members closely and appreciate your help!

WeTrustMivsam

member

Activity: 112

Merit: 10

Global Partnerships & Research @ WeTrust.io

Quote from: Block_303 on March 15, 2017, 04:52:13 AM

Quote from: WeTrustMivsam on March 14, 2017, 01:37:53 PM

Quote from: Block_303 on March 14, 2017, 03:40:19 AM

@modernbuddha
I am not the official translator. But I have translated your two posts in the German thread. Looks better now

https://bitcointalksearch.org/topic/m.18179992

https://bitcointalksearch.org/topic/m.18180197

@Block_303: Thank you for your initiative

I've added you as a moderator, hope it's OK.

I do not know exactly what a WeTrust-moderator does or what tasks this has but okay, why not Wink

Good, translated the last post.
https://bitcointalksearch.org/topic/m.18195310

You can delete the english post in the german thread if you want.

@Block_303: He / She receives 5 stakes for each post they help moderate in the translated threads. So, translating new info (like you did) or answering questions in German would count as moderating. Thanks!!

WeTrustMivsam

member

Activity: 112

Merit: 10

Global Partnerships & Research @ WeTrust.io

Quote from: Deanero on March 15, 2017, 07:01:02 AM

Quote from: modernbuddha on March 14, 2017, 12:37:55 PM

Leveraging the Blockchain for Good: the Blockchain Community comes together for a WeTrust Charity Circle!

Here at WeTrust, we believe that the blockchain can be used for social good. As a demonstration of our commitment to that mission, we recently organized a Trusted Charity Circle (inspired by Trusted Lending Circles) on the WeTrust platform. Here’s how it works:

1. During each week of the Charity Circle, each member will contribute 5 Ether into the pool
2. One member of the group will be selected at random as the winner of the Ether pool each week, with no member winning the pot more than once
3. The recipient of the funds for that week then donates the proceeds to a charity of their choice
4. Over the course of the 5 week period, every week each person ends up contributing 25 Ether to the charity of their choice

The purpose of taking these actions above, is to demonstrate for the first time that the WeTrust Platform is capable of supporting similar use cases where participants collaborate transparently as a group in a financial endeavor, contributes tokens, and receives tokens distributed back to them over time, without the need for a trusted third party. One can imagine all the new ways application developers will use these improved capabilities to build decentralized applications.

We’re very lucky to have some major movers and shakers in the blockchain world generously agreeing to participate in our Trusted Charity Circle. Thank you: Matthew Roszak of Bloq/ Tally Capital, Jeremy Gardner of Blockchain Capital/ Auger, David Johnson of Factom, Emin Gun Sirer of Cornell, and George our co-founder!

Hi There Team,

Just curious to know if you have any Blog Bounties running?

Thanks.

@Deanero: No blog bounty, but if there is something specific that you have written we can take a look and decide. We have a contest for Trusted Lending Circle stories, if you are interested: https://medium.com/wetrust-blog/bounty-promo-tell-us-how-you-would-use-a-trusted-lending-circle-b15365ee19fa#.pze401u30

WeTrustMivsam

member

Activity: 112

Merit: 10

Global Partnerships & Research @ WeTrust.io

Quote from: nickhiggins123 on March 14, 2017, 08:57:24 PM

Quote from: Pipesnake on March 14, 2017, 09:48:45 AM

Quote from: nickhiggins123 on March 14, 2017, 09:26:52 AM

Apparently I have gone from Hero Member to Sr. Member within the last week, do I continue out the campaign as a hero member or am I able to upgrade my signature to increase stake/wk?

Hey how can reverse system happen here?

from Hero to Sr Member ...LOL Grin

I'm sorry, I did mean I went from a Full Member to a Sr Member, thanks.

@nickhiggins123: Oh, OK, so please change your signature accordingly and I will update it. Thanks!

WeTrustMivsam

member

Activity: 112

Merit: 10

Global Partnerships & Research @ WeTrust.io

Quote from: ParmaBTC on March 15, 2017, 07:57:28 AM

Italian thread updated
thank
https://bitcointalksearch.org/topic/m.18195303

@ParmaBTC: Thank you for your continuos involvement, this is super helpful in getting the word out there. I will count the moderation posts in the coming days, you will see your stakes.
Also, I've updated the first page with all the translations

andreibi

legendary

Activity: 1647

Merit: 1012

Practising Hebrew before visiting Israel

Quote from: housebtc on March 15, 2017, 08:36:30 AM

Quote from: montanajacob on March 15, 2017, 08:16:24 AM

HUMAN ANNOUNCEMENT !!!

EVERYONE PLEASE SEE QTUM BITCOIN TALK THREAD
IT IS A SCAM
WE NEED TO EDUCATE INVESTORS ABOUT IT AS ICO WILL START FROM TOMORROW :-

http://coinjournal.net/ver-backed-qtum-started-bitbay-dai/

https://bitcointalk.org/index.php?topic=1720632.2680

As a wetrustiee

we need to save investors from these scammers

There is little you can do, some people will still invest in it. The scam allegation sometimes is subjective, Dash team has been knocked for the instantmine scam see the price today. Once there is possibility of making money some people will speculate on this and invest

So correct.

Saksham

hero member

Activity: 570

Merit: 500

Quote from: modernbuddha on March 15, 2017, 10:15:01 AM

Quote from: addicto on March 15, 2017, 06:05:05 AM

At the moment BTC and ETH have up trend when this rally will finished we will see huge investment into this project. People are making profit so in last week of this crowdfunding project will be amazing.

@addicto: I think so too - hopefully, the surge flatlines for a week or two and we get more contributors! Regardless of what happens, we will be working hard and giving weekly updates to the community. Appreciate the support.

I agree. BTW how much is actual bonus? 20% or 15% ?

modernbuddha

full member

Activity: 434

Merit: 100

Strategy & Operations at WeTrust

Quote from: addicto on March 15, 2017, 06:05:05 AM

At the moment BTC and ETH have up trend when this rally will finished we will see huge investment into this project. People are making profit so in last week of this crowdfunding project will be amazing.

@addicto: I think so too - hopefully, the surge flatlines for a week or two and we get more contributors! Regardless of what happens, we will be working hard and giving weekly updates to the community. Appreciate the support.

Saksham

hero member

Activity: 570

Merit: 500

Quote from: montanajacob on March 15, 2017, 08:16:24 AM

HUMAN ANNOUNCEMENT !!!

EVERYONE PLEASE SEE QTUM BITCOIN TALK THREAD
IT IS A SCAM
WE NEED TO EDUCATE INVESTORS ABOUT IT AS ICO WILL START FROM TOMORROW :-

http://coinjournal.net/ver-backed-qtum-started-bitbay-dai/

https://bitcointalk.org/index.php?topic=1720632.2680

As a wetrustiee

we need to save investors from these scammers

I think we should focus on WeTrust topic and project.

housebtc

sr. member

Activity: 588

Merit: 252

Quote from: montanajacob on March 15, 2017, 08:16:24 AM

HUMAN ANNOUNCEMENT !!!

EVERYONE PLEASE SEE QTUM BITCOIN TALK THREAD
IT IS A SCAM
WE NEED TO EDUCATE INVESTORS ABOUT IT AS ICO WILL START FROM TOMORROW :-

http://coinjournal.net/ver-backed-qtum-started-bitbay-dai/

https://bitcointalk.org/index.php?topic=1720632.2680

As a wetrustiee

we need to save investors from these scammers

There is little you can do, some people will still invest in it. The scam allegation sometimes is subjective, Dash team has been knocked for the instantmine scam see the price today. Once there is possibility of making money some people will speculate on this and invest

montanajacob

full member

Activity: 168

Merit: 100

Bitcoin Expert and Traveler

HUMAN ANNOUNCEMENT !!!

EVERYONE PLEASE SEE QTUM BITCOIN TALK THREAD
IT IS A SCAM
WE NEED TO EDUCATE INVESTORS ABOUT IT AS ICO WILL START FROM TOMORROW :-

http://coinjournal.net/ver-backed-qtum-started-bitbay-dai/

https://bitcointalk.org/index.php?topic=1720632.2680

As a wetrustiee

we need to save investors from these scammers

montanajacob

full member

Activity: 168

Merit: 100

Bitcoin Expert and Traveler

Yes , WeTrust is the best !!
Very well maintained and well planned marketing not a scam like Qtum ...

Saksham

hero member

Activity: 570

Merit: 500

Quote from: pusaka on March 15, 2017, 07:49:37 AM

Quote from: Deanero on March 15, 2017, 07:01:02 AM

Hi There Team,

Just curious to know if you have any Blog Bounties running?

Thanks.

thread about bounties here https://bitcointalksearch.org/topic/ann-trst-bounties-wetrustio-savings-insurance-platform-1775265
but I do not seen any blog bounties is running.

There is no blog bounty as I know, and probably that's ok. The promotion campaign is very well organized.

ParmaBTC

legendary

Activity: 1218

Merit: 1002

Italian thread updated
thank
https://bitcointalksearch.org/topic/m.18195303

pusaka

hero member

Activity: 1064

Merit: 589

Quote from: Deanero on March 15, 2017, 07:01:02 AM

Hi There Team,

Just curious to know if you have any Blog Bounties running?

Thanks.

thread about bounties here https://bitcointalksearch.org/topic/ann-trst-bounties-wetrustio-savings-insurance-platform-1775265
but I do not seen any blog bounties is running.

Topic: [ANN] [TRST] WeTrust - For the People, By the People! - page 185. (Read 275520 times)