Topic: [ANN]BlockCDN:A application build on Ethereum smart contract - page 21. (Read 173663 times)

Just curious how much fund raised? how much short of the target?

how about signature campaign,can I remove my signature now?

ICO is dead, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

It should be little bit lower cost, and these funds will be enough. Many have already done that, I would not like that all ended so bad and funds return to participantce.

It would go a long way if you guys decide to start the project with the funds you have received rather than stamping the ICO as a failure and returning funds. Develop the project at least in a small stage and show that your plan are working and go for a second ICO with a clear road map.

but Janus can sell, janus can exchange to NXT

They may pay, but to sell it, you can not. It has been with Janus tokens.

I don't think that they will pay any bounties if the the ICO fails.

Definitely right opinion dude, they set a ridiculously high threshold for such a project, they can't measure and estimate themselves, they overvalued their evaluation, so they were too confident to raise that amount, actually people buy bitcoin and sell ethereum nowadays, a few invest ico.

If ICO fails how with bounties TVE, what will still paid ?

Do not set any minimum thresholds, and do project on money that got picked despite fact that it is lot of money.

Hi guys,

I really wanted this ICO to succeed but the writing was on the wall for me weeks ago when I saw the lack of funding progress.

Just to explain to you why you've failed:

- Simultaneous mining reduced incentives to donate.

- Not publishing a detailed business plan on how much of the funds raised would be reserved for salaries, promotion, development, emergencies etc and when these funds would be used.

- Lack or organised daily promotional campaign to raise awareness several months *before* the crowdfund date.

- Using bitcointalk as a community thread. The quality of 'investors' here is shocking and bitcointalk itself is filled with a lot of junk data, junk talk and suggestions.

- The 3 year limit on token holders earning dividends; nice way to screw your investors over in the long term. From the community chatter I've read outside of bitcointalk this reason alone was the biggest one that stopped people from investing in your crowdfund.

- Lack of daily, active promotion and community engagement in forums where serious ethereum investors hangout e.g.

Ethtrader reddit
Ethereum reddit
Smith and Crown
ICO Countdown
Evan Van Ness Ethereum newsletter


You absolutely should *not* do staged crowdfunds, unless:

- You are willing to present detailed expenditure plans, roadmaps and goals to your community and
- Publish regular confirmations that the goals/roadmap is being reached before acquiring further funding.

I like that you have a public beta. I like that you are targeting a clear market with actual demand and provided a case to undercut and take a segment of that markets profits. I like the fact that you got an ex-barclays boss on board.

That suggests you will find a way to make this work. Unfortunately your horrible promotion at this stage shows me that while you may understand the CDN community, you absolutely do not understand the Ethereum community or blockchain investor community either.

I'd sack whoever was in charge of your marketing and get someone who understands crowdfunding. Try looking and imitating the strategies of Golem, Augur, Digix, Firstblood or any number of ICO's which reached their targets within day 1.

Initial target was not met because your target is too high, will you have second ico for lower target? It will surely fail from current funding situation

The Devs can just push forward with the project  while finding another source of fund, not just drop the whole project down, you can do a poll or ask the investors about it if they want to continue.

so there is no hope! the only information you can share at this moment is refund procedure. ok.

Hello - please explain your meaning - otherwise this just reads as FUD - thank you.

what if we use of myetherwallet? because I have not seen his way to the blog

nice article guide for refund if ico fails

If ICO fails, how to return your investment (ETH)
https://medium.com/@BlockCDN/blockcdn-an-investors-guide-3-25495b11ce8a#.qth78krb8

ICO, is live