Topic: [ANN][ICO] ETCETERA: Bringing Cryptocurrency Gift Cards to Local Stores (Read 1153 times)

We are patiently waiting to receive our payments. I hope to get paid soon. I'm very confident in this issue

When will you pay bounty awards?

On which ICO listing sites you have been published?

Etcetera ıco and bounty has finished. Unfortunately it failed. But he says they will try to make ICO again and use it. The team is determined on this issue. They will distribute bounty awards soon. Contract address will be created. A second ICO will continue through the same contract address.

It is a very successful study. However I don’t estimate the success of bounty cards. I mean, leadership of countries and stores within the scope of this subject will be a good step in the direction of using this project.

an Etcetera project that creates multipurpose payment cards opens the cryptocurrency market. projects built with good team good luck

most members are confused. They get the answer but in some posts that might make them a little worried about what it will do.

good luck with this brilliant idea!

why etcetera not using based erc-20 is not more simple to use etherscan and superior superior it has many who recognize
and when will its market time for its first launch? and what price etcetera?
and I am also still confused with the based on the use etcetera

I want complete information about this project
can you give her a tau


thank you if you are interested to answer my question

Hello. Can you tell me how the fundraising is going? How big is the interest in the project? Unfortunately, there is no counter of collected funds on the site. Your goal is noble. I like the idea of gift cards with crypto currency on store shelves.

Yes long overdue! You can join our Telegram (chat) group here: https://t.me/joinchat/GpJN10yW4Ssd72kRIQHg3g

Last hours of 40% angel period bonus remaining! After that the ICO will last until March 15!

great job guys by setting up the telegram group chat. This way the contributors will be more confident with the project. Kudos for the small step towards a bigger success

It seems the contract is working in any case! Good luck with your project, I sure hope for some cryptocurrency giftcards by x-mas this years! Cheers

Last 30 minutes before ICO starts. Please make sure you have added your contribution/payout address in your Etcetera account!

The 40% bonus lasts for the first 24 hours only!

Please let us know should you have any more questions regarding our project!

Hello everyone!

Just to inform you that we're going into the last six hours before our ICO starts!

Please let us know if you have any questions regarding our project!

Soft cap: 900 ETH
Hard cap: 30'000'000 ERA (of which 27'000'000 are to be sold publicly, 750'000 tokens will be vested for the team (after 6 months, 50/3% will be 'unvested' monthly and could then be withdrawn by our team), 500'000 tokens are for (early) stakeholders, associates and cooperating (marketing) structures, 750'000 tokens are to be distributed as bounty in our bounty campaign, 1'000'000 tokens are to be used as our operational reserves)
You will get 1150 ERA/ETH (=+- 1USD/ERA)

The ICO will start (Feb 1st) at 09.00 AM UTC and last until March 15th 09.00 AM UTC or until all tokens for ICO have been publicly sold.

Please make sure you contribute from the address you put in your Etcetera account (if you don't have one yet please click here)

The referral link can gain you 2% of your referred people and just as the bounty campaign will last as long as the ICO!

The bounty sheet hasn't been updated for a few days now because of prioritizing the start of the ICO. Please rest assured that all bountycontributions you made will earn you the promised stakes. When everything seems to go well when the ICO starts, I'll start updating the latest bounty contributions.

Please let us know if there is anything still unclear!

Hi there banzai2!

I am Brasseur Pepijn, co-founder of Etcetera. I will give you all the answers you need!
We will start with the remark about the softcap, this remark is partly true -> We failed to notice that it was not clearly mentioned on the website. But there is in fact a soft-cap in place equal to 900ETH - $1.000.000.

The reason for this is that this is the ABSOLUTE minimum amount we need to get started with distribution of Etcetera cards. Because we are a startup, we have no bank guarantees, especially not since we trade/broke cryptocurrencies, so every card sold will need to be backed by us. This in combination with the cost of development of the platform and legal aspects we calculated that $1.000.000 is the absolute minimum for us to get started.

Secondly, the KYC process. Every country has different rules surrounding KYC. We clearly stated that we will try to be operational in every country where regulations permit. This means for countries the following : most countries don't demand KYC as long as the amount of purchase is beneath a certain limit. This we will tackle by selling cards of different values in different regions, based on that countries specific regulations. We are aware of our position, and did the necessary research, but of course, USA is not yet within our reach. But we are 100% certain that there are multiple countries who or 1. have flexible regulations surrounding KYC, or 2. have no regulations in terms of cryptocurrencies. Both scenarios is a precursor for us that we can operate in those countries. Of course, we understand the doubt, being an American, where regulations are a lot stricter then Europe, Africa or some parts of Asia.
But rest assured that we are one hundred procent certain that we can roll out in multiple countries. Our initial countries will probably be Belgium and the republic of Georgia, and depending on the success of the ICO we will add more countries to the list that we can handle/manage with that amount.

In terms of the ICO in the US, shoud regulations not permit us to sell bitcoin or other cryptocurrencies, we will just sell the empty wallets together with a code that they can use on our website, just entering their personal details and they will receive the value of their purchase on the card. This way we will still reach the potential customers, even in the US, ONLY if this is our last resort.

Furthermore, you need to take into account that, because of those regulations, every MAXIMUM purchase amount will be limited per customer per sale, exactly to avoid/circumvent the KYC rules/restrictions.

Thirdly, we already made contact with distributors, who are in charge of payment systems to inspect and check if the infrastructure provided makes our project possible. And it is, in most countries. India for example is a difficult country to achieve this, but in Belgium to start with, it is perfectly possible. We are not in need of a "partnership", since we will be contracting them, not teaming up. Those discussions have been started, and we again are certain that we CAN distribute the cards through their channels, which actually are exactly the same as Itunes cards get distributed. Our initial distributor we talked to distributes those cards together with multiple others to their independent salespoints. The largest distributor in Belgium for example distributes those to over 5.000 salespoints.

Lastly, i can in all honesty tell you that our team is involved full time, and we did our research, but in the end, yes, until we get the funding, it is just a well formed and investigated idea. So i certainly welcome you to ask more questions or even contribute to our ICO!

You can contact me at [email protected]!

Etcetera Hindi Translation Completed

ANN already live at :

https://bitcointalksearch.org/topic/annico-etcetera-bringing-cryptocurrency-gift-cards-to-local-stores-2843103

Whitepaper and website Translation link:

https://drive.google.com/drive/folders/1YyFkOoZMrqHefcS12xahzV6GcR-5m5jr

Please Update the spreadsheet

Thanks

Thanks for the video!  I too would be interested to hear their responses.

nice project ，hope better

Etcetera is an international team of several cryptocurrency enthusiasts and believers, intent on making cryptocurrency available to everybody, worldwide.

Etcetera Hindi ANN Thread is live at :

https://bitcointalksearch.org/topic/annico-etcetera-bringing-cryptocurrency-gift-cards-to-local-stores-2843103

Website is Next..Stay Tuned

Etcetera Hindi Whitepaper Is available at :

https://drive.google.com/open?id=1YyFkOoZMrqHefcS12xahzV6GcR-5m5jr

ANN and Website is on the way

Thank you Brasseur!  That continuation of the burnoff sounds great!  This is gonna go big places.

Recorded a discussion / analysis of your ICO:

https://www.youtube.com/watch?v=pzaP7uiWUFw

As you'll see we're pretty enthusiastic about the concept but have some serious concerns. Would love to hear the team's response to our criticisms and correct anything we got wrong.

Hi there MavsCrypto41!

I am Brasseur Pepijn and one of the founders of Etcetera.

After long discussion, we decided to let the burn process continue indefinately. This means that we will continue the 1% burn, regardless of the amount of tokens in circulation. The tokens will be minted whenever a contribution to the ICO is made, when the ICO ends, only the minted tokens will be in circulation, together with the tokens reserved by Etcetera for operational purposes, bounties and affiliates. Should this for example be only 10m tokens, the burn process will still be in place. We made this decision to give the participants added value to the token in the long term, regardless of the amount of success the ICO will bring. This together with the demand we will create through our offline card sales should bring a high value for the Etcetera token.

We do not have a KYC in place, and we are only prohibiting the US and China to participate in the tokensale, this is described in our terms & conditions.

Anyone can register on our website without a KYC process, and contribute to the ICO and they will receive their Etcetera tokens after their contibution.

What happens if the ICO only sells 15m tokens?  Would the rest be burned but no 1% burn per transaction?

Is there KYC?  Any countries prohibited from the ICO?

Thanks for the answers!  I too am excited about the exchange. 

I think using a cryptocurrency gift card as a kickstart and making it famous all over the world is a good idea. People will find it easier to remember something simple but meaningful, like a "gift". Every project needs some times for people to get acquainted with the concepts and products offered, as well as this project.

Dear users!

We're holding an open smart contract testing phase on the Rinkeby Ethereum testnet until January 26th.

Please check : https://bitcointalksearch.org/topic/etcetera-4days-open-smart-contract-testing-on-rinkeby-ethereum-testnet-2810818 for all the info!

Thanks in advance!

For those on steemit, sharing is caring!
https://steemit.com/cryptocurrency/@crynvestor/etcetera-will-allow-anyone-to-buy-cryptocurrency-in-their-local-store

Looking forward to see the progress of this project especially the exchange which will face some greater challenges since the cryptoworld is already full of exchanges that were already operating and with a solid foundation. We will see how this one compete with them.

Please also bear in mind that we plan to target the people not able of purchasing cryptocurrencies through the current ways, or simply for encouraging people to gift eachother cryptocurrencies in the form of a gift card in order for them to start learning how to use/trade/send cryptocurrencies. And given the (current) market fluctuations, we are confident this fee will be insignificant considering we estimate that more than 50% of the cards won't be redeemed within a month after purchase.
We will of course constantly look into new coins to add to our platform and perhaps even add them as a separate gift cards, next to our current Bitcoin, Ethereum and Etcetera cards. Community input will be very important here.

As for taxation etc.:  we will look into every country separately, as Ief (@crynvestor) said, we can't disclose any information regarding this at this moment, but we will of course start with the countries most eager to accept and allow cryptocurrencies. Legal talks will go better in one country than the other, but we will update our community transparantly upon official (contractual and legal) agreements and we will of course follow world wide regulations closely. A quick google search will get you just as far, but here are some of the latest regulatory articles regarding cryptocurrencies we have been following:
https://www.crypto-economy.net/the-ico-regulations-worldwide/?lang=en
http://www.businessinsider.com/blockchain-cryptocurrency-regulations-us-global-2017-10?international=true&r=US&IR=T
https://www.coindesk.com/2017-in-review-how-the-world-regulated-crypto/
https://news.blackmooncrypto.com/cryptocurrency-regulation-cross-country-analysis-67452f1df80e

As for the markets we're targeting: cryptocurrencies and ICO market combined with the gift card market. I guess the market for cryptocurrencies will not have to be explained here at BitcoinTalk, but as for the gift card market we have shared this article on our social media platforms not so long ago:
http://www.digitaljournal.com/pr/3352089/

Please let us know if you have any more questions!

Hi there!

Please read the above articles if you have not done so yet. We are confident Gift Cards will be more fungible than ATM's will ever be, just because of the 'Gifting' idea behind them.

As for your other remarks:

1. Token holders 'get' a portion in the form of burning 1% from the 6% fees. Together with an ever increasing demand and value, the token will also be used on our future platform to receive various advantages such as most exchanges are doing lately. We are open to discuss any other advantages for tokenholders with the community, all ideas are welcome, here or on any (social) platform you can find, so please share whatever comes to mind that might increase our goal of global cryptocurrency adoption!
2. We cannot disclose any countries before we are sure we can/will sell gift cards there. At this moment we are not reaching to individual stores since we have to be sure of some form of legal insurance in every country we will be selling gift cards. We will however enclose all needed information in every gift card sold to make sure every buyer or receiver of our gift cards will always comply to local regulations.
3. The cards are planned to reach the stores the same way as for example Google Play or iTunes cards, distribution will be discussed with the same companies responsible for distributing these existing cards.

In order for us to be able to roll out as fast as possible (and as secure as possible), we came up with the idea of performing an ICO to raise needed funds to be able to pay for this whole process. These funds will be spend as can be found on our white paper and/or website, but in essence it will be for starting legal conversations in countries world-wide (perhaps/probably based on country interest in our ICO), paying for at least a part of the development of our online platform: the exchange, the API connections needed, our mobile app , ... Also the initial production and distribution of our Gift Cards will be paid from these funds (slowly evolving to being self-sustainable thanks to the fee asked for every gift card).

We are always looking for ways to improve our future product so any form of advice, feedback, criticism,... is appreciated!

Please let us know if there is anything else unclear!

Yeah, the 6% is getting me too.  Its just too much.  Token holders should get a portion, or lower it.

What markets is this targeting?  What countries?  In the US would you need a disclaimer with possible tax implications?  I can imagine a grandpa buys it for his grandson in November and gives it for Christmas.  The change in value should be taxed now.  Which is ridiculous but is what it is this year at least.

How will it reach stores?  Do you have to individually market it to each store or are there groups that handle getting gift cards into the store?

Hi there!
We offer a new option to buy cryptocurrency for everyone locally, next to for example Bitcoin ATM's. Where you might think that 6% might seem steep, please have a look at the following links:
https://coinatmradar.com/blog/bitcoin-atm-fees-2016-revision/
https://www.reddit.com/r/btc/comments/5j66q2/bitcoin_atm_fees_2016_revision_average_buy/
https://coinatmradar.com/charts/#fees


Coinbase charges 4% for credit card payments but we will distribute hard-plastic gift cards in local stores world-wide, and in order for us to make this a sustaining model in the long-term, regrettably we will not be able to distribute these gift cards under a 6% fee.

Also note that we will implement a burn of 1% of these 6% fees until the total amount of available tokens has reached 20'000'000 (due to our burning).

Please let us know if there is anything else unclear!

Great project! This will certainly make it easier for the general public to get into this space.  I'm a bit worried about the 6% fee, however.  I think this may break adoption as it is much higher than other entry points into the market.  I understand the convenience and familiarity aspect of buying a "gift card" containing BTC and other currencies, but what's stopping any other big exchange from offering the same product at a lower rate?  Coinbase for instance charges 4% for credit card payments and have already established an exchange.  They would also not require an intermediate coin for the transaction.  What do you think?

You can find the official bounty campaigns here: https://bitcointalksearch.org/topic/bountyann-etceteracrypto-gift-cards7-different-campaignsprepayment-option-2766756
I'll make it more visible in the ANN thread perhaps

any another bounty campaign like facebook, twitter, or signature campaign sir?
i like this project, good job.

Hi there and thanks for your interest in our project!
Our ERA tokens will be used during every offline transaction. This will of course increase the volume during the world wide roll out of our project. Of course it will also be tradeable on our own exchange. We can't disclose any pairs at this moment however...
Please let us know if you have any more questions!

Hey!  I really like the idea of this project.  The only two items that are keeping me back from being a day 1 investor (as opposed to post-ICO) are the token utility and the 6% fiat conversion rate.  If I purchased 1,000 tokens, I do not see what that would get me or why I need Etcetera tokens.  I was thinking about this the other night, and if 5.5% of the rate went to Etcetera and 0.5% went to token holders (staked or not), that would alleviate both of those concerns, and make the Etcetera token one of the most desirable on the market.  I do like that part of the tokens are burned and that its not a large supply.

Really looking forward to this project and hope it is smooth sailing for each of you!

Check out the Etcetera bounty thread ! --> https://bitcointalksearch.org/topic/bountyann-etceteracrypto-gift-cards7-different-campaignsprepayment-option-2766756

Greetings sir!

The Filipino ANN thread of Etcetera is already done and posted on our local board at: https://bitcointalksearch.org/topic/ann-filico-etcetera-bringing-cryptocurrency-gift-cards-to-local-stores-2770089

Bounty thread is next.

Thank you.

Etcetera (ERA) is now List on https://cryptoindonesia.com/etcetera/

Regards,

Our bounty campaign has officially started!

https://bitcointalksearch.org/topic/bountyann-etceteracrypto-gift-cards7-different-campaignsprepayment-option-2766756

Etcetera will give away 10.000 ERA tokens valued at 10.000$!

To get a chance to win those tokens, simply like our facebook page and share our pinned post!
--> https://www.facebook.com/etcetera.ltd/

Good luck!

The Etcetera project has been featured on directorstalk!

Find out more here --> https://www.directorstalkinterviews.com/ticker/etcetera

Thank you! The official bounty campaign will be announced not later than January 15. The draft is actually almost ready, but still needs some more details here and there and needs to be verified and confirmed by the whole team. You can however already sign up for an account @ https://etcetera.ltd/b/ where you will retrieve a referral link that you can share. Users signing up through your referral link and buying into our ICO will automatically grant you 2% of the amount of tokens purchased by (all) your referral(s)!

If your only interested in the official bounty campaign I'd suggest you to be patient since it's actually only 4 more days maximum

Have a fine day!

Good luck! any bounty compaign?

Last updates:

- Etcetera is now listed at BitScreener: https://bitscreener.com/press-release/etcetera-plans-to-sell-cryptocurrency-in-local-stores-worldwide!
- We added a copper membership here at BitcoinTalk in order for our images to show properly well before ICO start.
- Our Bounty campaign is close to being ready for its launch on the 15th of January. This campaign will last untill the end of the ICO. (15th of March or after 27M tokens have been sold)
- Progress regarding our smart contract: for those following our twitter already had the update that we'd be testing on the rinkeby Ethereum testnet. Where it is not fully functional yet, we did manage to 'buy' some tokens from a ICO test contract. When we believe we get to a point where it's stable enough to test it publicly, we'll update it here!

Have a fine day!

Learn more at https://etcetera.ltd !

Hello fellow BitcoinTalkers and welcome to our Etcetera thread!

Who am I?
I'm part of the official Etcetera Team as developer and researcher. I will also take some marketing for my account as this will be the most important aspect up untill a successfull ICO.
I've been a cryptocurrency and blockchain enthusiast and fanatic since I first heard of it a bit over 4 years ago. It actually took me a few months to get acquainted enough to how bitcoin and its blockchain actually works before I was sending bitcoin transactions all over the place (bear in mind that these transactions didn't cost nearly as much as they do now). After Bitcoin, I started to get to know Ethereum and soon after my portfolio would be more diversified than I could actually remember.

The start of Etcetera
So when late last year I got the opportunity to join this project I was instantly sold on the 'fairly easy' idea of selling cryptocurrency gift cards. After all, what gift is easier than a gift card? Add some cryptocurrency and we have the next big thing right? Well, not quiet yet... Most of you are by now probably already thinking about the legal issues that will come along, or perhaps about how secure this system can be, given that we're constantly working with 'hot' wallets: wallets connected to the Internet... So a long brainstorm session short; in order for this project to roll out globally and as fast and efficiently as possible, we need to use already existing services, contact and hire specialised legal support and find some software security experts and/or ethical hackers to (stress-)test our infrastructure before releasing them. Add to that the initial purchase and design of all gift cards that will be distributed initially, aswell as having the actual (crypto-)funds at the moment someone buys a gift card; we quickly came to realize that this will not be possible without a crowdfunding to pay for these initial costs. And what better time can there be to find investors for just such an idea! Our head developer is almost ready with the smartcontract that will take care of the whole ICO and token distribution (including team (+vesting periods), stakeholders and bounty tokens). Once tested and found fully functional on the local network, we will test it on a to be determined testnet and if possible, we will announce this fairly up front in order for anyone to be part of it should they so desire!

What's happening now?
- At this moment we're spreading the word of our Etcetera project at all possible channels possible, we are putting together a bounty campaign for which 750'000 tokens are set aside. We're talking to various marketing teams about several marketing campaigns in order to be able to reach as much people as possible and hopefully convince them of the initial easy 'idea' of having cryptocurrency gift cards to get your friends and family involved in the emerging crypto-industry. This bounty campaign will start on January 15th and last untill the very end of our ICO. More details will follow in the relevant thread. (Can't wait to spread the word? Please have a look at https://etcetera.ltd/b/)
- The smart contract is close to be ready, we will be testing it in the following days and as mentioned above. The smart contract is build with the openzeppelin framework.

The future (of Etcetera)
Our future main customers (or atleast the people buyin our gift cards in store, or the persons receiving the gift card), will probably have not (the slightest) back-ground in trading and using cryptocurrency. This is why we will provide an easy-to-grasp booklet with every gift card sold, aswell as show and actually 'teach' the whole process of blockchain technology in order for our future buyers and investors to actually understand what the power of blockchain may, can and problably will eventually have.
But lots of things are happening daily in cryptospace and for the average person, it is just too much of a hassle to keep up-to-date with everything happening with every coin. Aside from providing an easier way to get involved in the money of the future, we will provide various crypto-tools to keep its users up-to-date at the times that they have time to get up-to-date. Of course community input is here of uttermost importance, which is why we will provide our investors and users of our token and or platform, with the possibility of voting for the next (crypto-related) tool that would be nice and handy to have at our future All-In-One cryptocurrency platform.

We have put up 4 unique selling points in favor of our product:
- Our effective selling points (our Points-of-Sale) will be the first to sell gift cards to which cryptocurrency will be send, upon payment at the register!
- Our offline buyers of gift cards can choose any top-currency (bitcoin and ethereum at first, more later) or our own ERA-token to buy in any local store, with any payment the store accepts
- The combination of our future API, exchange en mobile wallet will be the entry point for millions of new crypto-currency buyers and holders!
- Because we will constantly follow and choose what top-currencies to add (or in the future perhaps delete) from our platform, we will also profit from the fact that we're providing these top-currencies.

But...

This project will never succeed without you, the initial cryptocurrency and blockchain investors. Do you want the people of next year to have even easier access to cryptocurrencies? Just by giving the gift of cryptocurrency will inherently give the receiver enough incentive to learn what exactly cryptocurrencies are and teach himself the way of the blockchain, and isn't that knowledge exactly the knowledge you want to share with your relatives and acquaintances?

Enter Etcetera, the intermediairy coin between fiat and crypto of the future!

Good luck!