Topic: [ANN][ICO] BitEsprit - The First All-In-One Cryptocurrency Exchange - page 125. (Read 16302 times)
April 21, 2018, 05:09:26 AM
Is there information on the number of coins collected at the moment? On the site there is absolutely no such information.
April 18, 2018, 07:16:44 AM
Can anyone explain what the goal of this project is and if they have the potential of reaching that goal. And what will be the starting price of this ico?
On the first page of this branch there is an answer to your question. I understand that this is like Tether (USDT), only better and with an internal convenient exchanger. I think that today is necessary. April 17, 2018, 11:57:54 AM
Can anyone explain what the goal of this project is and if they have the potential of reaching that goal. And what will be the starting price of this ico?
April 16, 2018, 09:52:17 AM
i think your softcap target is too high, how if the soft cap not reached after end of ico, or the project keep running although only up to the tier 1.?
Hi! If we do not reach the soft cap, we will still work on realizing the project.As for the fiat trading pairs, are you in touch with regulators and will you be granted the necessary licenses? I can imagine it is quite tough to get all the paper work done these days when regulators are quite strict.
True, the regulators are rather strict, but our negotiations are in preparation, and we'll provide updates on the way.
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
Hi! Sure, we are aware of that, and we will start working on acquiring the licenses once the ICO is over. This process is going to run alongside the development of the exchange.
you are going to acquire the licenses after the ICO? Isn't that a tremendous risk? What if you don't get the licenses?
Sure we are going to acquire the licenses after ICO, because some information the FCA needs will only be available for us after we have concluded the ICO. Furthermore, acquiring these licenses requires us to pay enormous fees to the authorities as well as to the people we hire to do the filing for us.
It is not risk at all, as getting the required license at the FCA heavily depends on the team we hire to do the filing, and on that front we won't have problems with Burlingtons as our legal advisor and financial law experts on board. Moreover, there are many ways in which the licenses can be acquired, so we will have more solutions to this question.
What kind of license do you actually have to go for? Is that some international license or which agency or institution are you going to approach?
It is an e-money license that we will acquire, and we are in contact with many regulation experts, including our legal advisor Burlingtons Legal and our cyber sec and regulations advisor Malcolm Bloom, discussing the details and terms of filing.
Make sure to register at https://bitesprit.com/register to acquire your referral link, and share that link on your social media to get your friends involved. You will get 3% of your referrals' contributions in BEC token!
[moderator's note: consecutive posts merged]
April 13, 2018, 02:20:41 AM
As for the fiat trading pairs, are you in touch with regulators and will you be granted the necessary licenses? I can imagine it is quite tough to get all the paper work done these days when regulators are quite strict.
True, the regulators are rather strict, but our negotiations are in preparation, and we'll provide updates on the way.
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
Hi! Sure, we are aware of that, and we will start working on acquiring the licenses once the ICO is over. This process is going to run alongside the development of the exchange.
you are going to acquire the licenses after the ICO? Isn't that a tremendous risk? What if you don't get the licenses?
Sure we are going to acquire the licenses after ICO, because some information the FCA needs will only be available for us after we have concluded the ICO. Furthermore, acquiring these licenses requires us to pay enormous fees to the authorities as well as to the people we hire to do the filing for us.
It is not risk at all, as getting the required license at the FCA heavily depends on the team we hire to do the filing, and on that front we won't have problems with Burlingtons as our legal advisor and financial law experts on board. Moreover, there are many ways in which the licenses can be acquired, so we will have more solutions to this question.
What kind of license do you actually have to go for? Is that some international license or which agency or institution are you going to approach?
April 12, 2018, 03:17:37 PM
It is a pleasure to announce our strategic partnership with the Luxcess Group! Check out the links below for more information.
BitEsprit Medium: https://medium.com/bitesprit/strategic-partnership-with-the-luxcess-group-497379d66483
Luxcess Group Medium: https://medium.com/luxcess-group/strategic-partnership-with-the-bitesprit-project-f13427736fc2
BitEsprit Medium: https://medium.com/bitesprit/strategic-partnership-with-the-luxcess-group-497379d66483
Luxcess Group Medium: https://medium.com/luxcess-group/strategic-partnership-with-the-bitesprit-project-f13427736fc2
April 12, 2018, 02:54:25 PM
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
LCCX is another active UK cryptoexchange ICO which exactly addressing this licensing issue among other common security concerns by insuring clients online funds against hacks and being fully under UK government regulations (FCA). They even have an advisor with 5-year FCA background among their core team.Hi there! We have our own financial law expert too, as well as advisor from major UK bank Lloyds who is a security and regulation expert. From our perspective, being compliant with regulation is not an issue, but a requirement of an exchange to be legitimate and fair in business.
April 12, 2018, 11:40:37 AM
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
LCCX is another active UK cryptoexchange ICO which exactly addressing this licensing issue among other common security concerns by insuring clients online funds against hacks and being fully under UK government regulations (FCA). They even have an advisor with 5-year FCA background among their core team. 
April 12, 2018, 10:21:12 AM
i think your softcap target is too high, how if the soft cap not reached after end of ico, or the project keep running although only up to the tier 1.?
April 12, 2018, 10:04:33 AM
Hi. Do you have any working product (alpha or beta)? If yes, how I can register for testing? thanks
Hi! We have started developing the exchange, but more development has to be done before any public release can be made.
April 12, 2018, 09:47:17 AM
Hi. Do you have any working product (alpha or beta)? If yes, how I can register for testing? thanks
April 12, 2018, 09:43:38 AM
Interesting project! You plan to sell a lot more tokens and collect a lot of money. Tell me what is the investor's interest in buying your tokens, what does he get when buying them? I think that the discount on commissions from the exchange on the stock exchange is very small. Perhaps investors will receive a percentage of the income of the exchange or any privileges? I want to find the answer to the question why should I invest in your project?
Hi there! Sorry for the belated reply, did not mean to ignore your comment.
To the best of our knowledge, no exchanges are giving any discounts on their trading fee as rewards to their investors (except to whales perhaps who have their own terms). Paying 0.11% instead of 0.15% sounds like a good deal, especially because many exchanges charge higher trading fees, like 0.2%+.
We do not directly distribute dividends, since BEC is a utility token, but we do have a monthly buy back and burn program to raise the value of the token. This means that we will market buy BEC tokens on the BitEsprit exchange for some of our profits made in that month, and burn the tokens permanently. This way we incentivize long term holding.
Be sure to join our Telegram to ask your questions directly from the team!
Thanks for the answer! You need to pay more attention to what the token can be useful. I, as an investor, did not see the information that you will be constantly buying out and burning the tokens. You need to communicate this to potential investors. A discount on the commission does not look very attractive to the investor.
That's very useful feedback, thank you!
Admittedly, this information was buried in the token utility section of the whitepaper when you made that comment. We have modified our whitepaper since then, highlighting on the first two pages the most important features of BitEsprit, as well as details on the token sale and token utility. We'll work on communicating more clearly and more visibly what the benefits of investing are.
April 12, 2018, 09:29:05 AM
Interesting project! You plan to sell a lot more tokens and collect a lot of money. Tell me what is the investor's interest in buying your tokens, what does he get when buying them? I think that the discount on commissions from the exchange on the stock exchange is very small. Perhaps investors will receive a percentage of the income of the exchange or any privileges? I want to find the answer to the question why should I invest in your project?
Hi there! Sorry for the belated reply, did not mean to ignore your comment.
To the best of our knowledge, no exchanges are giving any discounts on their trading fee as rewards to their investors (except to whales perhaps who have their own terms). Paying 0.11% instead of 0.15% sounds like a good deal, especially because many exchanges charge higher trading fees, like 0.2%+.
We do not directly distribute dividends, since BEC is a utility token, but we do have a monthly buy back and burn program to raise the value of the token. This means that we will market buy BEC tokens on the BitEsprit exchange for some of our profits made in that month, and burn the tokens permanently. This way we incentivize long term holding.
Be sure to join our Telegram to ask your questions directly from the team!
Thanks for the answer! You need to pay more attention to what the token can be useful. I, as an investor, did not see the information that you will be constantly buying out and burning the tokens. You need to communicate this to potential investors. A discount on the commission does not look very attractive to the investor.
April 11, 2018, 10:35:56 AM
A very good concept. I am very fond of this project let alone the project is running in the field of exchange. How is a law going to manage project like this?
Hi! Thanks for the positive words! As regards regulation, we won't have a problem as long as 1. we have the required licenses (which we will have), 2. and we have a responsive law firm on board which can respond quickly to emerging regulatory decisions (which we already have). We are prepared!
It means a lot to hear you find this project very important in the current cryptocurrency ecosystem. There is no situation we will not be able to solve, legal or technical, because BitEsprit has to and will be realized for the betterment of the crypto trading sphere.
Dear BitEsprit community!
Big news are coming tomorrow! Not sharing any details yet, but tomorrow there’s going to be an official announcement, so stay tuned!
What a potential project!!! I’m looking forward to joining in this 
Hi! We are looking forward to seeing you on our Telegram channel as well! [moderator's note: consecutive posts merged]
April 11, 2018, 09:51:24 AM
A very good concept. I am very fond of this project let alone the project is running in the field of exchange. How is a law going to manage project like this?
Hi! Thanks for the positive words! As regards regulation, we won't have a problem as long as 1. we have the required licenses (which we will have), 2. and we have a responsive law firm on board which can respond quickly to emerging regulatory decisions (which we already have). We are prepared!
April 10, 2018, 08:21:01 AM
Now many of these projects are enough. I think that the project can be distinguished only by the quality of the services it provides, which is not present in other projects.
Hi! Thanks for the kind words. I would like to add that it is not only the quality of the services we provide that is different from other platforms, but the way everything will be found on our exchange: alt-fiat pairs, debit card, one-of-a-kind charting solution, online wallet, bank level security, and much more. This comprehensive approach to trading services is also something that sets us apart from the rest of the exchanges besides the high level of quality with which our platform will operate.
As for the fiat trading pairs, are you in touch with regulators and will you be granted the necessary licenses? I can imagine it is quite tough to get all the paper work done these days when regulators are quite strict.
True, the regulators are rather strict, but our negotiations are in preparation, and we'll provide updates on the way.
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
Hi! Sure, we are aware of that, and we will start working on acquiring the licenses once the ICO is over. This process is going to run alongside the development of the exchange.
you are going to acquire the licenses after the ICO? Isn't that a tremendous risk? What if you don't get the licenses?
Sure we are going to acquire the licenses after ICO, because some information the FCA needs will only be available for us after we have concluded the ICO. Furthermore, acquiring these licenses requires us to pay enormous fees to the authorities as well as to the people we hire to do the filing for us.
It is not risk at all, as getting the required license at the FCA heavily depends on the team we hire to do the filing, and on that front we won't have problems with Burlingtons as our legal advisor and financial law experts on board. Moreover, there are many ways in which the licenses can be acquired, so we will have more solutions to this question.
Many projects with platforms featuring crypto trading but here offers an easy all-in-one offer for anyone to trade .. hope to succeed
Hi! Thanks for the positive feedback!
What are the project managers’ expectations concerning platform’s reaching a cost-effective level and of subsequent profit?
Hello! We estimate the project to reach a cost-effective level of operation during Q1 2019 and reach operational profitability by the end of Q2 2019.
A very good concept. I am very fond of this project let alone the project is running in the field of exchange. How is a law going to manage project like this?
Hi! Thanks for the positive words! As regards regulation, we won't have a problem as long as 1. we have the required licenses (which we will have), 2. and we have a responsive law firm on board which can respond quickly to emerging regulatory decisions (which we already have). We are prepared!
Hey! Very good project. I appreciate very much that you’ve already developed your platform.
Hi! Thanks for the positive feedback! Glad to see we're on the right track
Interesting project! You plan to sell a lot more tokens and collect a lot of money. Tell me what is the investor's interest in buying your tokens, what does he get when buying them? I think that the discount on commissions from the exchange on the stock exchange is very small. Perhaps investors will receive a percentage of the income of the exchange or any privileges? I want to find the answer to the question why should I invest in your project?
Hi there! Sorry for the belated reply, did not mean to ignore your comment.
To the best of our knowledge, no exchanges are giving any discounts on their trading fee as rewards to their investors (except to whales perhaps who have their own terms). Paying 0.11% instead of 0.15% sounds like a good deal, especially because many exchanges charge higher trading fees, like 0.2%+.
We do not directly distribute dividends, since BEC is a utility token, but we do have a monthly buy back and burn program to raise the value of the token. This means that we will market buy BEC tokens on the BitEsprit exchange for some of our profits made in that month, and burn the tokens permanently. This way we incentivize long term holding.
Be sure to join our Telegram to ask your questions directly from the team!
[moderator's note: consecutive posts merged]
April 09, 2018, 12:03:44 PM
What are the project managers’ expectations concerning platform’s reaching a cost-effective level and of subsequent profit?
merculet
merculet
April 09, 2018, 11:52:41 AM
As for the fiat trading pairs, are you in touch with regulators and will you be granted the necessary licenses? I can imagine it is quite tough to get all the paper work done these days when regulators are quite strict.
True, the regulators are rather strict, but our negotiations are in preparation, and we'll provide updates on the way.
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
Hi! Sure, we are aware of that, and we will start working on acquiring the licenses once the ICO is over. This process is going to run alongside the development of the exchange.
you are going to acquire the licenses after the ICO? Isn't that a tremendous risk? What if you don't get the licenses?
April 09, 2018, 10:29:25 AM
Hello, I like new similar crypto-exchange exchanges!
What are your advantages for ICO investors?
What are your advantages for ICO investors?
Hi there! Glad you like our project!
ICO investors will get lifetime discounts on our trading fees. 26% discount goes to the pre-sale investors and 13% goes to the crowdsale investors. Moreover, we are implementing the distribution of dividends in the form of monthly token buy back and burn to facilitate the steady growth of token value. This incentivizes long-term holding.
April 07, 2018, 06:21:46 AM
As for the fiat trading pairs, are you in touch with regulators and will you be granted the necessary licenses? I can imagine it is quite tough to get all the paper work done these days when regulators are quite strict.
True, the regulators are rather strict, but our negotiations are in preparation, and we'll provide updates on the way.
If you are planning an all in one cryptocurrency exchange, you should really be focusing on all necessary licenses as a major step of your whole roadmap. Without the licenses you can't do anything or you might get shut down.
Hi! Sure, we are aware of that, and we will start working on acquiring the licenses once the ICO is over. This process is going to run alongside the development of the exchange.
Jump to: