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Topic: [ANN][ICO] FACETER – computer vision surveillance technology - page 56. (Read 114209 times)

newbie
Activity: 196
Merit: 0
IMO, i think they will sold out all of tokens before their ICO ended. Actually i don't know why our investors can buy so much tokens like that? what is the main reason?

ulike other projects, they have market-ready product for business customers and not product that will develop in future, also they already made another project called pay.cards, So lots of things that make investors confidence in their project.
That’s great to know. Since the team already has one project, it won’t be much hard for them to sustain. Also they can get supporters from both platforms. As far as the product goes, yeah, it is a market-ready product, but I don’t think that they’ll hit the sweet spot on their first attempt. They’ll have to keep upadated the software.


of course, they will keep improving their product and fix problems and do lots of work before reaching large customer, I think the bad thing for investor is that faceter accept fiat which may not helps the price of token to go up.

And here you are wrong.
Accepting fiat is one of the best things that Faceter could think of.

Thanks to this, people who are not related to crypto, who do not have BTC or ETH or have an account on the exchange will be able to buy licenses in an easy way.
In order for the license to be issued, Faceter will replace Fiat money on Face tokens so that a smart contract can use some of these tokens to create the hash that will run the licenses.
These tokens, that is around 20%, will be burned.

Please look at the video where it is explained:

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

We are taking about two sides, when you said is good , is good for faceter as company and its customers who are interested in using their service !
As investor who buy their token to sell it when price go up, is bad for you, because customers that want to use their service have option to pay with fiat without buying tokens from exchange!


Well, you still do not understand.
Faceter is forced to buy back his own tokens from the market for those people who will buy with fiat.
Because even if they sells licenses for Fiat, they must have enough tokens to exchange for licenses, pay for miners and burn for hash to run the license.
Every quarter, they will allocate 20% of revenues to buy tokens from the market at market price.

This should counteract inflation and raise the price of Tokens.
So this system is good for the investor and the price of tokens for the future.
Everything is described in the whitepaper.

I got your idea from first read ! and you still think I don't understand your point, your alternative solution to the fact that you accept fiat it will not work perfectly for investors (in token) like all projects that offer service with other mode payment.
Only 40% offer to sale, and you still have around 60% of tokens ( Team + Advisers + reserve pool ), plus you not going to buy at high price and even not from exchange, plus you got token from people that pay with token.
You think that will work perfect, it's ok since it's your opinion and you do what good for your business, but I have different opinion.
 

Sorry. I do not understand what you wrote: "plus you not going to buy at high price and even not from exchange, plus you got token from people that pay with token."
Can You describe it more accurately because I would like to refer to it.

You said that you will buyback your token at market price, but what I know, companies don't act like individuals, so they always manipulate the price and buy when the price goes down a lot, they also don't prefer to buy directly from exchanges.
So even if you are going to buyback in some point, you have the power to do it in a way that works for you and not for investors, therefore your alternative solution is not going to work perfectly for investors in the way I see it.


I told You that the Faceter will buyback the Face tokens at the market price.

It is supposed to be every quarter at the current market price, all recorded in a smart contract, omitting exchange.
The rule is to be simple, you send tokens to the address given by Faceter, they are converted into ETH at the price of Coinmarketcap from a given hour.

I am happy with the possibility of fiat payments because I work on a daily basis in the security industry and have often installed surveillance software in various companies.
I do not know any company or person who would like to buy tokens to pay for the service every month.
They just want to make a quick money transfer and get an invoice and deduct it from the tax.
That is why this possibility of payment is necessary and I believe that without this business would have no future.

Ok my friend thanks for tying to explain your point, but as said even if you going buyback that will not necessary happen in way that benefit investors.  Accepting fiat, of course is good for Faceter as company, my point is that not good for investors (in token).
Anyway I hope the best for both sides.

Ok, it's good that I met Your opinion, everyone has the right to their own. I hope that the product will be popular and that they will be willing to buy tokens.
full member
Activity: 560
Merit: 126
IMO, i think they will sold out all of tokens before their ICO ended. Actually i don't know why our investors can buy so much tokens like that? what is the main reason?

ulike other projects, they have market-ready product for business customers and not product that will develop in future, also they already made another project called pay.cards, So lots of things that make investors confidence in their project.
That’s great to know. Since the team already has one project, it won’t be much hard for them to sustain. Also they can get supporters from both platforms. As far as the product goes, yeah, it is a market-ready product, but I don’t think that they’ll hit the sweet spot on their first attempt. They’ll have to keep upadated the software.


of course, they will keep improving their product and fix problems and do lots of work before reaching large customer, I think the bad thing for investor is that faceter accept fiat which may not helps the price of token to go up.

And here you are wrong.
Accepting fiat is one of the best things that Faceter could think of.

Thanks to this, people who are not related to crypto, who do not have BTC or ETH or have an account on the exchange will be able to buy licenses in an easy way.
In order for the license to be issued, Faceter will replace Fiat money on Face tokens so that a smart contract can use some of these tokens to create the hash that will run the licenses.
These tokens, that is around 20%, will be burned.

Please look at the video where it is explained:

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

We are taking about two sides, when you said is good , is good for faceter as company and its customers who are interested in using their service !
As investor who buy their token to sell it when price go up, is bad for you, because customers that want to use their service have option to pay with fiat without buying tokens from exchange!


Well, you still do not understand.
Faceter is forced to buy back his own tokens from the market for those people who will buy with fiat.
Because even if they sells licenses for Fiat, they must have enough tokens to exchange for licenses, pay for miners and burn for hash to run the license.
Every quarter, they will allocate 20% of revenues to buy tokens from the market at market price.

This should counteract inflation and raise the price of Tokens.
So this system is good for the investor and the price of tokens for the future.
Everything is described in the whitepaper.

I got your idea from first read ! and you still think I don't understand your point, your alternative solution to the fact that you accept fiat it will not work perfectly for investors (in token) like all projects that offer service with other mode payment.
Only 40% offer to sale, and you still have around 60% of tokens ( Team + Advisers + reserve pool ), plus you not going to buy at high price and even not from exchange, plus you got token from people that pay with token.
You think that will work perfect, it's ok since it's your opinion and you do what good for your business, but I have different opinion.
 

Sorry. I do not understand what you wrote: "plus you not going to buy at high price and even not from exchange, plus you got token from people that pay with token."
Can You describe it more accurately because I would like to refer to it.

You said that you will buyback your token at market price, but what I know, companies don't act like individuals, so they always manipulate the price and buy when the price goes down a lot, they also don't prefer to buy directly from exchanges.
So even if you are going to buyback in some point, you have the power to do it in a way that works for you and not for investors, therefore your alternative solution is not going to work perfectly for investors in the way I see it.


I told You that the Faceter will buyback the Face tokens at the market price.

It is supposed to be every quarter at the current market price, all recorded in a smart contract, omitting exchange.
The rule is to be simple, you send tokens to the address given by Faceter, they are converted into ETH at the price of Coinmarketcap from a given hour.

I am happy with the possibility of fiat payments because I work on a daily basis in the security industry and have often installed surveillance software in various companies.
I do not know any company or person who would like to buy tokens to pay for the service every month.
They just want to make a quick money transfer and get an invoice and deduct it from the tax.
That is why this possibility of payment is necessary and I believe that without this business would have no future.

Ok my friend thanks for tying to explain your point, but as said even if you going buyback that will not necessary happen in way that benefit investors.  Accepting fiat, of course is good for Faceter as company, my point is that not good for investors (in token).
Anyway I hope the best for both sides.
newbie
Activity: 5
Merit: 0
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.

For bounty hunters it is not really cool but it's really impressive because the FACETER is really confident with their marketing team and they are really nailing it.
Faceter is really taking care of its publicity and perhaps thats why the project is having uch good amount of investors. faceter will soon release its platform which will surely attract a huge number of users to the project.

You are right, once faceter launch their project I am sure that there will be many investors that will be attracted to try the platform and this is good to increase the profit of this project.
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
I just saw this post on the official Faceter Telegram page.

It seems like Faceter opened a merchandise store for hoodies and t-shirts. The black hoodie with white logo looks amazing!

https://teespring.com/stores/facetermerch

I clicked the link and see the items too, I like the white hoodie with simple faceter logo. The project is really active now and doing their best to make it successful. I hope many will join the ico.
I just came accrss the site and it really is great. Hope several good investors find this usefull and invest into the project. Also the site looks quite attracting so surely it would have good profits ahead. Faceter is going to have a great future ahead.

If you only see from a good site it is not guaranteed to get the interest of many people, the most important is the vision and mission, the road map, and what products are offered.
It's not only about the vision or mission or other things related to the platform or project, but how the team can implement those words into actions. Like what the saying is all about, "Actions speaks louder than words" Roll Eyes

How to mine this tokens?

I think faceter token is not mineable because from now they only offer it via investing or joining the ICO. I have more question for the ICO or in the site kindly p.m directly the OP of this thread.


The fact that project started as ICO it not yet rating of the fact that tokens they will not be able to be mineable in the future. I know very many projects, tokens which they became accessible for mining after project starting point.

Tokens will not be mineable in the future because this project is about something else. Tokens will be a reward for renting your PC, GPU for calculations needed to recognize and compare faces.

I think this will be great so that the token will have the chance to have high value due to it is not mineable. This is just mean that the supply would not be so much because it is being controlled by the dev and lets see what would be the future of this project.

Whether mining or not is not too important if the additional currency issuance is low anyway. What I like most about this project is that the value of the network is not only backed by trust and confidence but by real assets.

Exactly and this is a huge advantage for investors.
I am waiting for a finished product because then it should be very interesting for Face tokens owners.

That's what I am hoping for Smiley And if the range of possible applications of their solution turns out to serve main stream interests this will skyrocket!
sr. member
Activity: 616
Merit: 251
i bought around 573 token today. but i didnt claim 100 welcome bonus because i was join before affiliate program Sad
It seems to me as option perhaps the system of charge has glitched as the bonus automatically has to be charged. Try to write to the developer directly and to ask, whether in it business. He to you precisely will help to understand.
newbie
Activity: 196
Merit: 0
I got your idea from first read ! and you still think I don't understand your point, your alternative solution to the fact that you accept fiat it will not work perfectly for investors (in token) like all projects that offer service with other mode payment.

You copied the post of another user, out of context and paste it as yours. As a statement, it does not add anything and I assume that you are doing your activity and advertise.
full member
Activity: 210
Merit: 100
I got your idea from first read ! and you still think I don't understand your point, your alternative solution to the fact that you accept fiat it will not work perfectly for investors (in token) like all projects that offer service with other mode payment.
full member
Activity: 196
Merit: 100
What are the minimum investments?
member
Activity: 380
Merit: 10
An interesting program, who knows, maybe the developer has a video, which shows how this platform works?
I remember they having a working prototype video. I think they already have working product and they've used it in south africa. I'm not sure but i remember something like this.
you could not tell where you can check this information and watch this video? Did you find it on the official website of the project?

It is on official site. They make a proof of concept in one of the largest Casinos in South Africa, and Pizzerias network.

https://www.youtube.com/channel/UCNuni06vUuSyi_D5rQm6pww/videos Link to Offcial Faceter YouTube Channel.
I seen the all videos and this one is very amazing.if any people have difficulties for understand the working of this project then i suggest you to check this video beacause you caneasily understand working of FACETER by see it.
sr. member
Activity: 2282
Merit: 470
Telegram: @jperryC
New video from CEO, quick update and a summary of the Face token sale.

https://www.youtube.com/watch?v=T6rc-V37mAk
Great points about the project and its investment is covered by the CEO of Faceter in the video. He also explained about the contribution of ETH and ways to make it as it is low prices now but they have some other way to make the investment worth.
full member
Activity: 196
Merit: 100
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.
But i think that in my opinion that bounty campaign helps gather more audience.
newbie
Activity: 196
Merit: 0
New video from CEO, quick update and a summary of the Face token sale.

https://www.youtube.com/watch?v=T6rc-V37mAk
newbie
Activity: 196
Merit: 0
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.
That just makes us appreciate the marketing team even more. They have been successful in spreading the project and gathering investors. The team is going great as the idea is really astounding and doesnt really need further explaination.
The concept for this project is really much great and intresting and also i am sure that it can surely attract a good amount of investors to the project. The project is going great untill now and i hope that it continues to do the same in the future too. Hope that the project soon has some great profits.
newbie
Activity: 238
Merit: 0
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.
That just makes us appreciate the marketing team even more. They have been successful in spreading the project and gathering investors. The team is going great as the idea is really astounding and doesnt really need further explaination.
member
Activity: 238
Merit: 10
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.

For bounty hunters it is not really cool but it's really impressive because the FACETER is really confident with their marketing team and they are really nailing it.
Faceter is really taking care of its publicity and perhaps thats why the project is having uch good amount of investors. faceter will soon release its platform which will surely attract a huge number of users to the project.
I am actually eagerly waiting for faceter to release its platform as it will really give us some really intresting profits ahead and also i am waiting for the day when faceter will be on the hot list which will indeed give good profits for each investor.
newbie
Activity: 224
Merit: 0
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.

For bounty hunters it is not really cool but it's really impressive because the FACETER is really confident with their marketing team and they are really nailing it.
Faceter is really taking care of its publicity and perhaps thats why the project is having uch good amount of investors. faceter will soon release its platform which will surely attract a huge number of users to the project.
newbie
Activity: 196
Merit: 0
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.

For bounty hunters it is not really cool but it's really impressive because the FACETER is really confident with their marketing team and they are really nailing it.

Maybe thanks to this, it will not fall when Face enter the market. In other ICOs, when someone got a free Tokens, he quickly sold them even below the purchase price because he still had them for free.
It seems to me that it is a good sign for investors.
member
Activity: 336
Merit: 11
Scouting for Innovative ideas.
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.

For bounty hunters it is not really cool but it's really impressive because the FACETER is really confident with their marketing team and they are really nailing it.
newbie
Activity: 104
Merit: 0
As I understand it, the team will reach hardcap without bounty campaign. This, apparently, is a very cool idea.
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