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Topic: [ANN] [TRST] WeTrust - For the People, By the People! - page 231. (Read 275520 times)

sr. member
Activity: 441
Merit: 250
The coin looks very promosing, but actually the threshold is a bit overvalued and overestimated, you have confidence which is a good thing, but you need to be realistic, 200-500 BTC can be successful, you wanna raise 1500 BTC? Not likely.

It is not too big barrier, particularly as it collected last ICO of such level.
sr. member
Activity: 248
Merit: 250
The coin looks very promosing, but actually the threshold is a bit overvalued and overestimated, you have confidence which is a good thing, but you need to be realistic, 200-500 BTC can be successful, you wanna raise 1500 BTC? Not likely.
sr. member
Activity: 854
Merit: 398
@PolyPanto: We will be working on it today and hope to update everything for Week 1. You can join our Slack and pose a question in #support if you have any questions. Bitcointalk thread also works, but it can get lost in the jumble.

Hello, this is quite interesting, first there was confusion with the translations and now the same thing with the social media campaigns. I applied to twitter campaign and when it was announced who is approved, I checked and I was in the list, now when I wanted to check the number of stakes I received, I didn't find myself in the list. So based on comments I understood that participants with 1000+ followers mostly excluded. Could you please clarify based on what params people are excluded. Thank you.
sr. member
Activity: 504
Merit: 250
askNFTY Team Account
hey guys... it is written in the name  "WeTrust" it says so right up there so it has to be true! gosh if only every other crypto was like this one we would all be on skid row!

but it is written in their name so please yes trust your entire life savings in this , also go to the blood bank and sell your blood to buy more! a contract with heaven or hell can also be made to buy a few extra coins! gosh if only ....                              MORE
i even put my toenail clippings collection up for sale just to invest! used condoms and G rated smurf porn have also flown off my shelves and wow i am so impressed that i just wanna crawl into the computer and live here with this coin!

@AmoreJaz: You're funny Smiley Please don't do that.
sr. member
Activity: 504
Merit: 250
askNFTY Team Account
This rule works? I see maximum 50 stakes.

"If you retweet @WeTrustPlatform 10 times and have 1000 or more followers, you’ll get 500 stakes. The number of TRST tokens will then be proportionally distributed among everyone participating in Twitter bounties based on their number of stakes."

We made an update to the rules. Apologies I forgot to copy it over to the main announcement thread.

"Twitter earns you stakes for retweets. We require that you retweet AT LEAST 15 TIMES per week. We will be taking a random sample (25% of the total participants) and if it is found you did not tweet the required number, your bounty will void for the entire week. Rewards are as follows: 10 stakes for under 300 followers, 20 stakes for under 1000 followers, and 50 stakes for over 1000 followers.

The number of TRST tokens will then be proportionally distributed among everyone participating in Twitter bounties based on their number of stakes. The same logic applies to other bounties.
"

"Participants are required to make AT LEAST 15 RETWEETS per week to qualify for stakes:
 - 10 stakes for under 300 followers
 - 20 stakes for 301 to 999 followers
 - 50 stakes for 1000 or more followers
"

Let me know if you have any questions.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
hey guys... it is written in the name  "WeTrust" it says so right up there so it has to be true! gosh if only every other crypto was like this one we would all be on skid row!

but it is written in their name so please yes trust your entire life savings in this , also go to the blood bank and sell your blood to buy more! a contract with heaven or hell can also be made to buy a few extra coins! gosh if only ....                              MORE
i even put my toenail clippings collection up for sale just to invest! used condoms and G rated smurf porn have also flown off my shelves and wow i am so impressed that i just wanna crawl into the computer and live here with this coin!
hero member
Activity: 742
Merit: 501
This rule works? I see maximum 50 stakes.

"If you retweet @WeTrustPlatform 10 times and have 1000 or more followers, you’ll get 500 stakes. The number of TRST tokens will then be proportionally distributed among everyone participating in Twitter bounties based on their number of stakes."
full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.

@menace.bit: The more we raise the longer we will have funding for and will implement more features on our roadmap. 1,500 BTC will sustain our team for about a year and after that, funding will probably run out.


So if you only raise the minimum, that mean you will only deliver up to Q1 2018 Credit Score? And when funding runs out, what will happen? Abandon project or you will try to raise more funds thru another ICO or you sell (or dump) the 10 million allocated to the team to continue further with development?

@menace.bit: We will try our best to meet as many milestones as we can given the funds we get from the crowdsale. When funds run out, we will encourage the community to take over if the team can no longer work full time on the project. We may revert to part time work.

Most likely, there will no additional token sale because we are selling 80% of the total tokens.

it's really dangerious idea , you mean your team just Part-time job but wanna get full pay,once you can not get pay any more ,you all will leave away. dont forget you all get over 1500 BTC , that's not salary but responsibility ,your promise . but now you told us everything .

Look my mouth : you can not be trusted.

The funds we raised will be used for the development and growth of the platform. The more we raise, the more fuel we will have to accomplish the milestones. There will be open communication and the community will get frequent updates on our progress.
sr. member
Activity: 249
Merit: 250
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.

@menace.bit: The more we raise the longer we will have funding for and will implement more features on our roadmap. 1,500 BTC will sustain our team for about a year and after that, funding will probably run out.


So if you only raise the minimum, that mean you will only deliver up to Q1 2018 Credit Score? And when funding runs out, what will happen? Abandon project or you will try to raise more funds thru another ICO or you sell (or dump) the 10 million allocated to the team to continue further with development?

@menace.bit: We will try our best to meet as many milestones as we can given the funds we get from the crowdsale. When funds run out, we will encourage the community to take over if the team can no longer work full time on the project. We may revert to part time work.

Most likely, there will no additional token sale because we are selling 80% of the total tokens.

it's really dangerious idea , you mean your team just Part-time job but wanna get full pay,once you can not get pay any more ,you all will leave away. dont forget you all get over 1500 BTC , that's not salary but responsibility ,your promise . but now you told us everything .

Look my mouth : you can not be trusted.

full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust
it's good to see that the dev is at least trying to address the questions.

Where is the project team based? And will you be covered by regulations?

@blocks.explorer: We are based in a number of countries. We have teammates in Singapore, the UK, Portugal, Argentina, Israel, India, and the US.

As I mentioned before, we are working with a top law firm in the US to ensure compliance and legal regulations are dealt with properly.
full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.

@menace.bit: The more we raise the longer we will have funding for and will implement more features on our roadmap. 1,500 BTC will sustain our team for about a year and after that, funding will probably run out.


So if you only raise the minimum, that mean you will only deliver up to Q1 2018 Credit Score? And when funding runs out, what will happen? Abandon project or you will try to raise more funds thru another ICO or you sell (or dump) the 10 million allocated to the team to continue further with development?

@menace.bit: We will try our best to meet as many milestones as we can given the funds we get from the crowdsale. When funds run out, we will encourage the community to take over if the team can no longer work full time on the project. We may revert to part time work.

Most likely, there will no additional token sale because we are selling 80% of the total tokens.
sr. member
Activity: 473
Merit: 250
it's good to see that the dev is at least trying to address the questions.

Where is the project team based? And will you be covered by regulations?
sr. member
Activity: 457
Merit: 250
Generation Blockchain.
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.

@menace.bit: The more we raise the longer we will have funding for and will implement more features on our roadmap. 1,500 BTC will sustain our team for about a year and after that, funding will probably run out.


So if you only raise the minimum, that mean you will only deliver up to Q1 2018 Credit Score? And when funding runs out, what will happen? Abandon project or you will try to raise more funds thru another ICO or you sell (or dump) the 10 million allocated to the team to continue further with development?
full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.

@menace.bit: The more we raise the longer we will have funding for and will implement more features on our roadmap. 1,500 BTC will sustain our team for about a year and after that, funding will probably run out.
sr. member
Activity: 457
Merit: 250
Generation Blockchain.
1500BTC minimum would be quite hard to achieve given the high rate of bitcoin.Also people like to diversify their investment portfolio so they do not put all their eggs in one basket.I think the minimum limit should be adjusted with high bitcoin price

@zahra4577: We think 1,500 BTC is fair and necessary to develop the features we're looking to build. It may be adjusted slightly if BTC takes a sharp turn upwards, but at this point, we will keep it at 1,500 BTC.

Yes 1,500 btc is a little bit suspicious. That is so much money. Sorry but I can't see how you can justify that. That is just crazy. You will never have to work ever again with that kind of money.

For major projects 1,500 BTC is not too big some projects ICO can collect 2,000 BTC in 2 days so why not
What is needed now is an optimistic look at how the market reaction to this project

Aim high, who knows the project will just get what it needs to proceed with the project. I would like to see as well what the team can deliver given they raise the minimum or if they get the maximum or somewhere in between.
sr. member
Activity: 504
Merit: 250
askNFTY Team Account
Project ROSCAs of weTrust very good but I still do not understand its regulation
I would first invest if the ICO opened earn 30% bonus Cheesy

@seven.71: Regarding regulations/ compliance: We are working with a reputable US law firm with over a hundred years of history and ample experience in FinTech. The two lead attorneys have over 20 years experience with SEC compliance and securities litigation and General Counsel experience serving prominent crypto-currency/ FinTech startups (>$70m raised from top VCs, leading a successful acquisition for >$500m). We want to get it right and will work with the best people to do so.

sr. member
Activity: 770
Merit: 251
live the dream but don't live the dream
Project ROSCAs of weTrust very good but I still do not understand its regulation
I would first invest if the ICO opened earn 30% bonus Cheesy
full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust

Though 1500BTC is not huge ask, but I hope the team would structure their bonus well not to only favour first day investors like Decent team did, where they raised 90% of their ICO fund on first day. Another thing is that some good project are coming out soon and could affect the level of funding received by Wetrust team


According to announcement post

1st Day -- 30%
1st Week -- 25%
2nd Week -- 20%
3rd Week -- 15%
4th Week -- 10%
5th Week -- 5%
6th Week -- 0%

I think it's the pretty good spread of bonus doesn't it?

@Anarchy101: I agree. This distribution seems to be very fair.

@topesis: What do you think is a fair distribution? We purposely had the bonus drop slowly to make it fairer for later participants. The idea is that later participants will have more information (as will be making progress every week) and should have a smaller bonus. Thoughts?
full member
Activity: 434
Merit: 100
Strategy & Operations at WeTrust
is this a 3 month long ico?

the date format on the front page looks quite confusing

@dranster: No. The crowdsale will be 1.5 months, or 6 weeks. It will begin March 1, 2017 and run until April 14, 2017. 1,500 BTC must be raised, or all funds will be returned. 12,000 BTC is the maximum we will accept.


With such a good development team as We Trust developers 1500 BTC do not seems like such a big amount of funds. Naturally, for the production of such a level blockchain project as We Trust dev team need to collect the minimum amount of funds, or simply does not make sense to start such a serious job.

@magpr: We agree 1,500 BTC is a fair amount to begin work on this project.
legendary
Activity: 1316
Merit: 1004

Though 1500BTC is not huge ask, but I hope the team would structure their bonus well not to only favour first day investors like Decent team did, where they raised 90% of their ICO fund on first day. Another thing is that some good project are coming out soon and could affect the level of funding received by Wetrust team


According to announcement post

1st Day -- 30%
1st Week -- 25%
2nd Week -- 20%
3rd Week -- 15%
4th Week -- 10%
5th Week -- 5%
6th Week -- 0%

I think it's the pretty good spread of bonus doesn't it?
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