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Topic: [ANN][ICO] - page 7. (Read 7383 times)

sr. member
Activity: 756
Merit: 250
November 21, 2017, 03:47:16 PM
#89
Is there a certain firm you've contracted to go over the legal aspects?

We have talked to a legal firm. It is a utility token that makes it easier for us and some critical countries are not allowed to participate in the sale.

That's great, so all clear as far as regulations go?
full member
Activity: 476
Merit: 100
November 21, 2017, 03:26:17 PM
#88
How did you come up with the idea for this, one of the founders works in car rentals?
member
Activity: 84
Merit: 10
member
Activity: 84
Merit: 10
November 21, 2017, 03:54:00 AM
#86
So with the broad use of a token like this, who exactly are you trying to target? Investors? Entrepreneurs?

At the beginning we want to target investors, who want to invest in vehicles. Once our platform is established, our target audience are also entrepreneurs who want to use our platform to grow their business.

Sounds about right. What kind of limits on vehicles are there? Can I invest in large construction vehicles, like dump trucks?

We will start with normal cars. And then we will add step by step new categories. Our target is that you can invest in any kind of vehicle one day.
member
Activity: 84
Merit: 10
November 20, 2017, 04:30:58 PM
#85
What happens to any unsold tokens?

There will be no unsold tokens. The smart contract will only mint as much token as we have sold.
member
Activity: 84
Merit: 10
November 20, 2017, 04:18:15 PM
#84
Is there a certain firm you've contracted to go over the legal aspects?

We have talked to a legal firm. It is a utility token that makes it easier for us and some critical countries are not allowed to participate in the sale.
hero member
Activity: 630
Merit: 500
November 20, 2017, 03:13:44 PM
#83
So with the broad use of a token like this, who exactly are you trying to target? Investors? Entrepreneurs?

At the beginning we want to target investors, who want to invest in vehicles. Once our platform is established, our target audience are also entrepreneurs who want to use our platform to grow their business.

Sounds about right. What kind of limits on vehicles are there? Can I invest in large construction vehicles, like dump trucks?
sr. member
Activity: 399
Merit: 250
November 20, 2017, 03:07:32 PM
#82
Do you have any sort of prototypes at this point, or is it still way too early?

Yes we have an InVision prototype of our mobile application you can find it here: https://invis.io/BGEC30J97#/262525582_CrowdDrive_Homescreen
We are working on the UI and UX of the mobile application and we will update the prototype periodically.

That's great, exactly what I was looking for!
full member
Activity: 486
Merit: 101
November 20, 2017, 03:01:24 PM
#81
What happens to any unsold tokens?
sr. member
Activity: 756
Merit: 250
November 20, 2017, 02:41:02 PM
#80
Is there a certain firm you've contracted to go over the legal aspects?
full member
Activity: 476
Merit: 100
November 20, 2017, 11:49:15 AM
#79
Will you be doing anything to prevent traders from dumping your tokens as soon as it's listed on an exchange?

It is hard to prevent dumping. We will work hard and we will do our best that they don't want to dump their token as soon as our token is listed.
Our goal is to make a good development in the long term view.

Yeah I guess that's about all you can do.
member
Activity: 84
Merit: 10
November 20, 2017, 07:30:50 AM
#78
Update:

We have updated our Whitepaper and announcement thread. We hope that it is clearer now what is possible and where we want to go with our project.
member
Activity: 84
Merit: 10
November 20, 2017, 05:27:35 AM
#77
So with the broad use of a token like this, who exactly are you trying to target? Investors? Entrepreneurs?

At the beginning we want to target investors, who want to invest in vehicles. Once our platform is established, our target audience are also entrepreneurs who want to use our platform to grow their business.
member
Activity: 84
Merit: 10
November 19, 2017, 04:51:11 PM
#76
Do you have any sort of prototypes at this point, or is it still way too early?

Yes we have an InVision prototype of our mobile application you can find it here: https://invis.io/BGEC30J97#/262525582_CrowdDrive_Homescreen
We are working on the UI and UX of the mobile application and we will update the prototype periodically.
member
Activity: 84
Merit: 10
November 19, 2017, 04:35:14 PM
#75
Will you be doing anything to prevent traders from dumping your tokens as soon as it's listed on an exchange?

It is hard to prevent dumping. We will work hard and we will do our best that they don't want to dump their token as soon as our token is listed.
Our goal is to make a good development in the long term view.
hero member
Activity: 630
Merit: 500
November 19, 2017, 03:44:48 PM
#74
So with the broad use of a token like this, who exactly are you trying to target? Investors? Entrepreneurs?
sr. member
Activity: 399
Merit: 250
November 19, 2017, 03:35:49 PM
#73
Do you have any sort of prototypes at this point, or is it still way too early?
full member
Activity: 486
Merit: 101
November 19, 2017, 03:29:27 PM
#72
How much has been invested into CrowdDrive in total?

Do you mean from investors or from our team?

I originally meant from the team, but both would be good to know.

We can't say an exact number. But we are working on the project a long time and since 4 months I work full time on this project. That is also part of the investment.

Time is definitely an investment. How many people are on the team anyway?

At the moment we are two people who are working full time for the project and we also have people who support the project if we need their help.

After the ICO do you plan to bring more people in full time?

Yes that is the plan. But at the start we try to launch our mobile application as fast as possible and then we are also willing to work with other companies to achive the best results. Because it is not easy to find good employes in a short period of time.

How much of the platform will be focused on the mobile app? Will there a be a web based one?

Of course there will be a web based platform. We are focusing more on the mobile application because it should be easy to use our marketplace on every device and a lot of people these days are using mobile phones. But the web based platform is also important. We will release the web based platform befor we release the mobile application.

That's good, it annoys me to no end when new Platforms come out and you go their site and it just directs you to download a mobile app.
sr. member
Activity: 756
Merit: 250
November 19, 2017, 03:23:16 PM
#71
Is your token considered a security or a utility?

It is a utility token. It does not provide any right to the company or something else. It is needed that you can use the full functionality of our platform.

This is good news, thanks for taking the time to respond.
full member
Activity: 476
Merit: 100
November 19, 2017, 03:11:08 PM
#70
Will you be doing anything to prevent traders from dumping your tokens as soon as it's listed on an exchange?
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