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Topic: [ANN][ICO] genEOS - Blockchain 4.0 for business (Read 3478 times)

hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized
December 26, 2018, 03:46:43 PM
Crowdsale finished
genEOS Crowdsale Finished. Information for Investors

Dear genEOS supporters,

Thank you for your participation in the genEOS crowdsale. We appreciate your interest in the project.

We are sorry to communicate to you that genEOS didn’t reach the soft cap though we did our best to get maximum contributions.

We will be giving refunds on December 26-28, 2018.

Rest assured that you will be refunded the whole ETH amount you sent to the genEOS smart contract.

Thank you for your contribution and trust in the project!
legendary
Activity: 1526
Merit: 1012
Any updates? has the project been cancelled? I noticed that the ICO has been archived from ICO listing sites. Huh Huh

https://geneos.io/

It is better to verify whether it is active or not instead of asking question. Even this ICO is still active but lack of interest of the people in it this looking in trouble to achieve its soft cap and keep continue further.
full member
Activity: 206
Merit: 100
Any updates? has the project been cancelled? I noticed that the ICO has been archived from ICO listing sites. Huh Huh
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized


Insolvency, cargo damage, tax evasion, and underinsurance - these are only some of the risks that the logistics industry faces.  But there is a solution - blockchain.

With the help of its distributed ledgers and smart contracts, blockchain can considerably reduce these risks.

There are some companies that are already unlocking the blockchain efficiency for logistics. For instance, IBM and Maersk developed the solution tracking the cargo along its way. This software allows all the stakeholders to view the progress and check up all the documents associated with the shipment.

Learn more at https://steemit.com/logistics/@geneosio/how-blockchain-can-alleviate-risks-in-logistics


Find genEOS on socials

Twitter :: Facebook :: Telegram :: Reddit :: Medium

Note: To take part in the crowdsale, send your funds to the official genEOS token distribution contract:
0xdDe7188eB7921888F90C7D334fbE5a65C8aC8c65
⚠️ Please don’t send your funds to any other contract addresses claiming on Etherscan and other websites and social channels that they belong to genEOS.
 For the detailed crowdsale participation instruction, go to https://geneos.io/instruction
hero member
Activity: 1106
Merit: 504
This is what many people wanted to hear thoughts of team on soft cap. It is clear message between the words that some investors are who can fill the gap to take the remaining fund to meet the minimum requirement to reach $2 millions. It is team on what everyone is ready bet and that is important in the end. I am much more relaxed after seeing soft cap is not big issue for team.
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized
It is too early to say anything about soft cap to meet or not but apparently it looks almost very difficult if not impossible. We have seen in various projects where start was slow but later results were amazing or start was fast and later they did nothing. I think you should communicate with your early investors those took risk and tell them if you are waiting for some big investors. Don't you think this uncertainty is also one of the cause of lack of interest in project ?

Thank a lot for sharing these suggestions! The team is in constant discussion with potential investors to make sure achieving the soft cap (at least) is possible.
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized


Blockchain can make the charity process easily trackable. For example, it can store information about all the stakeholders, validate tender participants and trigger payments once contractors successfully accomplish their part of the contract.

Read more at https://medium.com/geneos/blockchain-is-the-end-of-charity-as-we-know-it-1ce98107fb7a


Find genEOS on socials

Twitter :: Facebook :: Telegram :: Reddit :: Medium

Note: To take part in the crowdsale, send your funds to the official genEOS token distribution contract:
0xdDe7188eB7921888F90C7D334fbE5a65C8aC8c65
⚠️ Please don’t send your funds to any other contract addresses claiming on Etherscan and other websites and social channels that they belong to genEOS.
 For the detailed crowdsale participation instruction, go to https://geneos.io/instruction
legendary
Activity: 1526
Merit: 1003
It is too early to say anything about soft cap to meet or not but apparently it looks almost very difficult if not impossible. We have seen in various projects where start was slow but later results were amazing or start was fast and later they did nothing. I think you should communicate with your early investors those took risk and tell them if you are waiting for some big investors. Don't you think this uncertainty is also one of the cause of lack of interest in project ?
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized


NEO and genEOS are two blockchain ecosystems offering high-level scalability, cost efficiency of transactions, and a variety of supported programming languages.

What are their similarities and differences? Find it out in our new blog post on Medium https://medium.com/geneos/top-blockchains-for-enterprises-part-2-neo-vs-geneos-a1efa67b5efd


Find genEOS on socials

Twitter :: Facebook :: Telegram :: Reddit :: Medium

Note: To take part in the crowdsale, send your funds to the official genEOS token distribution contract:
0xdDe7188eB7921888F90C7D334fbE5a65C8aC8c65
⚠️ Please don’t send your funds to any other contract addresses claiming on Etherscan and other websites and social channels that they belong to genEOS.
 For the detailed crowdsale participation instruction, go to https://geneos.io/instruction
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized


jesus. and all they got right now is just 0.02 eth? that's what i saw in the website. they'd rather took out that softcap and just distribute and develop the project. the team be compensated through the tokens they have when the project is released and on exchanges.

Actually, to date the project collected 604 ETH
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
I would like to ask what they plan to keep this running in long term while there is soft cap is behind the limit. So what will be happen if they won't achieve their soft cap and what future will be claimed tokens?

You can find this info from FAQ on official site: softcap is $2 000 000, if it is not reached all funds will be returned to investors



Sorry for delay with an answer, this week all our attention was focused on Barcelona event.
BTW we will share here a short report about its results.

jesus. and all they got right now is just 0.02 eth? that's what i saw in the website. they'd rather took out that softcap and just distribute and develop the project. the team be compensated through the tokens they have when the project is released and on exchanges.
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized



NEO and genEOS are two blockchain ecosystems offering high-level scalability, cost efficiency of transactions, and a variety of supported programming languages.

What are their similarities and differences? Find it out in our new blog post on Medium https://medium.com/geneos/top-blockchains-for-enterprises-part-2-neo-vs-geneos-a1efa67b5efd


Find genEOS on socials

Twitter :: Facebook :: Telegram :: Reddit :: Medium

Note: To take part in the crowdsale, send your funds to the official genEOS token distribution contract:
0xdDe7188eB7921888F90C7D334fbE5a65C8aC8c65
⚠️ Please don’t send your funds to any other contract addresses claiming on Etherscan and other websites and social channels that they belong to genEOS.
 For the detailed crowdsale participation instruction, go to https://geneos.io/instruction
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized
I would like to ask what they plan to keep this running in long term while there is soft cap is behind the limit. So what will be happen if they won't achieve their soft cap and what future will be claimed tokens?

You can find this info from FAQ on official site: softcap is $2 000 000, if it is not reached all funds will be returned to investors



Sorry for delay with an answer, this week all our attention was focused on Barcelona event.
BTW we will share here a short report about its results.
full member
Activity: 206
Merit: 100
I just confirmed that open ledger team is in BLOCKCHAIN SOLUTIONS WORLD in BARCELONA.
 Wink
Let's hope they can bring more people in.
full member
Activity: 206
Merit: 100
people will get back their money as what i have read. the paper was quite good. let's hope things will be good.
legendary
Activity: 1526
Merit: 1003
I have bookmarked this article for later reading. I tried to read it but it is lengthy and need a peaceful environment to not only read but also think on the possibilities. Everyone is raising question on soft cap but till today no reply or comment on this thing seen by officials. After having a careful read of screenshots and written material will give feedback.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
I also have the same question. It is logical that if the software cap is not reached, the investors will be given back the money. The company must understand that software cap is the minimum amount for implementation and success. Without these amounts, there is no chance.
And just to spend the money of investors is unethical.

you mean soft cap Right?

Without getting in big exchanges right now. It's impossible to reach the soft cap.

I'd not join the ICO as I don't think they will give back the ETH or it will hit $ 2M. I found something interesting to read.

https://steemit.com/blockchain/@danincomplete/warning-openledger-and-geneos-scam-alert-fraudulent-activity-detected
sr. member
Activity: 854
Merit: 252
I would like to ask what they plan to keep this running in long term while there is soft cap is behind the limit. So what will be happen if they won't achieve their soft cap and what future will be claimed tokens?

I also have the same question. It is logical that if the software cap is not reached, the investors will be given back the money. The company must understand that software cap is the minimum amount for implementation and success. Without these amounts, there is no chance.
And just to spend the money of investors is unethical.
Ano
sr. member
Activity: 1148
Merit: 253
I would like to ask what they plan to keep this running in long term while there is soft cap is behind the limit. So what will be happen if they won't achieve their soft cap and what future will be claimed tokens?
hero member
Activity: 1064
Merit: 509
https://dex.openledger.io/ Truly Decentralized


Before developing a blockchain-powered solution, you need to have a blockchain for it in place. To decide whether you need to create a custom blockchain, find out what a ready-to-go blockchain like genEOS can offer.

Read more at https://steemit.com/enterprise/@geneosio/what-blockchain-ecosystem-to-choose-part-1-hyperledger-vs-geneos


Find genEOS on socials

Twitter :: Facebook :: Telegram :: Reddit :: Medium

Note: To take part in the crowdsale, send your funds to the official genEOS token distribution contract:
0xdDe7188eB7921888F90C7D334fbE5a65C8aC8c65
⚠️ Please don’t send your funds to any other contract addresses claiming on Etherscan and other websites and social channels that they belong to genEOS.
 For the detailed crowdsale participation instruction, go to https://geneos.io/instruction
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