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Topic: 🌟🌟🌟🚀[ANN][04.07] ICO Starta - Cross-Coin Venture capital on the blockchain🌟 - page 24. (Read 153177 times)

hero member
Activity: 910
Merit: 533
Starta Ventures is hosting a blockchain themed Panel Discussion & Meetup to bring together NYC's VC & crypto community - thought leaders, venture investors, hedge fund managers and advocates.

https://www.eventbrite.com/e/vc-blockchain-crypto-investors-panel-discussion-meetup-tickets-43447701244
Sy
legendary
Activity: 1484
Merit: 1003
Bounty Detective
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?


Starta team dumped the token for starta buy back program, with 30k starta buyback, it is too weak to help the price increase. They say nothing to swap, northern european countries people like waves because they speak Russian, lol.

The first buy back was not from Cindicator funds it was from another startup (SNOV). Last informations are that lawyers on the Cindicator project side count what amount of tokens have to be transferred to the Starta Accelerator. Unfortunately, it looks like it has been over two months now.

LoL, i had no idea that cindicator's lawyer are still going over amount tokens to be transferred.

@startaico is the official starta twitter correct? If yes then why are they making tweets in the Russian language?
hero member
Activity: 966
Merit: 500
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?


Starta team dumped the token for starta buy back program, with 30k starta buyback, it is too weak to help the price increase. They say nothing to swap, northern european countries people like waves because they speak Russian, lol.

The first buy back was not from Cindicator funds it was from another startup (SNOV). Last informations are that lawyers on the Cindicator project side count what amount of tokens have to be transferred to the Starta Accelerator. Unfortunately, it looks like it has been over two months now.

Yeah AFAIK they've been waiting Cindicator tokens for a while. And hope it'll generate bigger buyback from the first one as CND has good price on the market.
sr. member
Activity: 448
Merit: 250
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?


Starta team dumped the token for starta buy back program, with 30k starta buyback, it is too weak to help the price increase. They say nothing to swap, northern european countries people like waves because they speak Russian, lol.

they intentionally dump the price right before the buy back will happen. by doing this, it will save them from all cost of buying back the tokens.
legendary
Activity: 2282
Merit: 1035
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?


Starta team dumped the token for starta buy back program, with 30k starta buyback, it is too weak to help the price increase. They say nothing to swap, northern european countries people like waves because they speak Russian, lol.

The first buy back was not from Cindicator funds it was from another startup (SNOV). Last informations are that lawyers on the Cindicator project side count what amount of tokens have to be transferred to the Starta Accelerator. Unfortunately, it looks like it has been over two months now.
hero member
Activity: 728
Merit: 500
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?


Starta team dumped the token for starta buy back program, with 30k starta buyback, it is too weak to help the price increase. They say nothing to swap, northern european countries people like waves because they speak Russian, lol.
Sy
legendary
Activity: 1484
Merit: 1003
Bounty Detective
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

I thought CINDICATOR has already sent starta's share of tokens was I wrong?  Are they willing to swap from WAVES to ETH chain?
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
(...)Cap was 5 M usd, but the market cap keeps this low level because team doesn't work hard for investors.

To be honest, they do everything they have to do. The project is to help startups from Eastern Europe to enter on the market in the United States. The number of startups in their portfolio has tripled since ICO. Unfortunately, everyone thought that everything could be show profit much faster - here is the point. We just need more patience.
The team is working but they need to give us a timely update, assign someone who could answer some questions here so
we can also feel that we are valued as an investor. I know this is a long game but with good information that would help us to hold longer and stronger.
legendary
Activity: 2002
Merit: 1016
(...)Cap was 5 M usd, but the market cap keeps this low level because team doesn't work hard for investors.

To be honest, they do everything they have to do. The project is to help startups from Eastern Europe to enter on the market in the United States. The number of startups in their portfolio has tripled since ICO. Unfortunately, everyone thought that everything could be show profit much faster - here is the point. We just need more patience.
jr. member
Activity: 33
Merit: 1
hero member
Activity: 728
Merit: 500
hello,

i am now taking part of the signature campaign for strata. i have been a participant in zrcoin.

by the way, how long is the ico will run? is there any cap?

Don't spam your signature, starta ico ended in last year, there is no signature campaign for starta. Cap was 5 M usd, but the market cap keeps this low level because team doesn't work hard for investors.
newbie
Activity: 56
Merit: 0
hello,

i am now taking part of the signature campaign for strata. i have been a participant in zrcoin.

by the way, how long is the ico will run? is there any cap?
member
Activity: 254
Merit: 10
This is the latest news from the team on Facebook.FAQ - Please read before asking your question.

1.1 Where can I trade STA?
You can trade STA tokens at tidex.com or wavesplatform.com

1.2 When are you going to add other exchanges?
 Cross Coin Ltd team receives a lot of requests to list STA in various exchanges (over 150 exchanges ). CC team acts primarily in the interests of tokenholders. The first priority is the absence of risks, including legal ones. Often, the proposals and requirements of exchanges do not fully meet the criteria for security, transparency, reliability, which in turn may negatively affect investors. CC team, compliance officer and its law firm carefully study and discuss terms with new exchanges to choose the most reliable exchange partner for STA. At this moment CC temporarily paused the process of listing STA on other exchanges. As for now the decision is made in favor of business development, and not spending time and funds on exchange listings. However we DO NOT reject listing on other exchanges, this issue is just on pause.  STA is currently listed at Tidex and Waves DEX. A lot of tokens are traded on one or two exchanges, there is no cause for concern. The main reason for not adding more exchanges is to avoid risks for our holders, including legal ones!

1.3 What is that on Hit BTC?
Starta Accelerator and Cross Coin management did not authorize anything on HitBTC.

1.4 Where can I find STA token price history?
 You can find STA token price history here www.coinmarketcap.com/currencies/starta/

2.Were there any STA buybacks yet?
 Yes, the first buyback (dec 19 - dec 25) resulted in: total number of purchased STA tokens - 30 897( which is 100% aimed at buying back funds). These tokens were successfully burned.

2.1 How can I check if the tokens were burned? 
Check “total supply” on open sources (such as https://coinmarketcap.com). Total supply before STA buyback1 - 5 324 245 STA---30 897 STA burned---Total supply now - 5,293,348 STA

2.2  When can we expect the next buyback?
We are expecting a token distribution from 2 of our portfolio companies Cindicator (CND)  Anryze (RYZ) We expected this distribution in January, but due to some technical and legal issues the distribution is being delayed by our counterparty. As soon as these issues clear up we will proceed with the buybacks.

2.3 What are the buyback parametres?
Teams announce details on each buyback mechanism. Previous buyback https://www.facebook.com/startaico/posts/1724121770966246

2.4  Why are you guys taking so long?
We understand your concern. All processes are either newly created, or made by only a few teams and, as a rule, have their own peculiarities. Especially legal issues. In any case, Starta and CC teams abide by the road map.

3. What’s the basic returns model?   
Acceleration vehicle and the EE market allow to enter companies at lower valuations than U.S. market. • Valuation at entry - up to $2 M • Targeted exit @$10 - $50 M (projected average 10X return per company)

3.1  Where can I see the list of the companies Starta has invested in?
 Startaico.com

3.2 How much does Starta Accelerator invest in each company?
 Starta Invests 130k for 7% equity. Some companies get additional 20k for an additional 1% equity after the acceleration. STA backers finance 33% of each of these types of transactions

4. What is TokenRockets?
TR is a subproject included in the Starta Accelerator’s infrastructure. TR specializes in accelerating blockchain projects. So far, only one company has participated- Snovio. We are expecting up to 10 companies in the next 18 months. 33% of the profits from TR companies go to the STA backers, which is the same as regular Starta Accelerator companies. There are differences in the  financial model of TR and Starta Accelerator. More info about the conditions of participating in TR can be found at www.tokenrockets.com

5.Valuations of existing projects
We are allowed to disclose only the nominal value of the companies and the information and evaluation they made public. Such information is provided in our quarterly reports. Smiley Wink
hero member
Activity: 714
Merit: 503
Today, once again, the Starta price is below $1. I have no doubt that this is my worst investment .. (not including some scams Wink ) ... the worst in my life!

Rather than cursing yourself, I would suggest you dump and move on to other potential projects to gain back your investment.There is no way we are going to see a 5x or 10x or 20x from starta this year too.
sr. member
Activity: 602
Merit: 250
Today, once again, the Starta price is below $1. I have no doubt that this is my worst investment .. (not including some scams Wink ) ... the worst in my life!
hero member
Activity: 728
Merit: 500
All sane investors will feel angry, the price of bitcoin is less than 1000 usd, starta is 1 usd, but now starta is less than usd, but btc's price is 9700 usd.

What did you do during last year? Worst investment so far.
full member
Activity: 406
Merit: 102
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

Do you expect these guys would do an 80% buyback or an airdrop for all sta holders? I don't think this dream is ever going to come true.Better to do day trading and make some profit rather waiting for the price to increase with those buybacks.
The price would not increase when people does not trust the current trading sites they listed this token.
Also, the volume is close to non existence so I think the team should work on this first, we need those traders to raise the volume
and that would happen if the team will effort to list in new exchanges.

This is not about whether someone has trust to this project or not, it's just that holding Starta token is unprofitable.

Unfortunately that is true. Holding STA tokens costs a lot.
In the future we don't how buyback can be big but for I don't think holders are happy about the price.
sr. member
Activity: 602
Merit: 250
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

Do you expect these guys would do an 80% buyback or an airdrop for all sta holders? I don't think this dream is ever going to come true.Better to do day trading and make some profit rather waiting for the price to increase with those buybacks.
The price would not increase when people does not trust the current trading sites they listed this token.
Also, the volume is close to non existence so I think the team should work on this first, we need those traders to raise the volume
and that would happen if the team will effort to list in new exchanges.

This is not about whether someone has trust to this project or not, it's just that holding Starta token is unprofitable.
sr. member
Activity: 630
Merit: 250
The price would not increase when people does not trust the current trading sites they listed this token.
Also, the volume is close to non existence so I think the team should work on this first, we need those traders to raise the volume
and that would happen if the team will effort to list in new exchanges.

As for the new exchanges, I do not see any attempts to enter new exchanges. The team got the money - and forgot about the investors.
hero member
Activity: 2982
Merit: 610
I did not understand, how the price of Starta may increase. Buyback - not a good engine for this. Need something else.

Buyback is useless for the price, unless the team buyback 80% of the tokens. I have a good idea, they can airdrop to starta holder after we swap onto ETH network. Cindicator is eth token so they can airdrop to us instead they sell cindicator for money and then buy back.

Do you expect these guys would do an 80% buyback or an airdrop for all sta holders? I don't think this dream is ever going to come true.Better to do day trading and make some profit rather waiting for the price to increase with those buybacks.
The price would not increase when people does not trust the current trading sites they listed this token.
Also, the volume is close to non existence so I think the team should work on this first, we need those traders to raise the volume
and that would happen if the team will effort to list in new exchanges.
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