Pages:
Author

Topic: [ANN][ICO] 💰 Javvy - More than a crypto exchange & wallet combined! 💰 - page 15. (Read 8330 times)

member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Hello everyone!

Sorry for the delay on the video, but we finally have it posted online now! We were swamped with talking to investors for the equity funding and also filling orders for the JVY token pre-sale. Busy busy.

So, without further ado, here is the Javvy Lee Interview with me, Brandon Elliott. Wink

This video ran quite a bit longer than we intended, so we cut it short at 10 minutes. There were still quite a few questions left out, so we'll catch those up in future videos. We hope that the questions on the pre-ICO, maximum CAP, etc really helps to answer questions for those who are interested but unsure. As always, give us a call at +1.888.763.6797, if you want quick feedback and answers.

ONLY 11 DAYS LEFT IN THE PRE-ICO SALE (accepting most payment methods)
Buy Javvy tokens (JVY) via most any payment method!

Cheers,

Brandon
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
How many actual developers are working on the wallet?

Generally speaking, we will likely have just 1-2 of our top developers working on the wallet specifically. Currently, we have four (4), due to the incredibly short timeframe we wanted to have a prototype released, across multiple platforms. However, other pieces of the wallet/exchange will have others (even myself, at times) working on pieces of technology that integrate with the wallet but not specifically the wallet itself.
full member
Activity: 476
Merit: 100
Haha, I appreciate the offer, but I'm not the most charismatic person vocally. I really do think you won't have a hard time finding people willing to do this though with the google searches I mentioned earlier. Lots of the posts are on Reddit so it would be easy to get ahold of the author. I still get replies to my complaints on there months later saying they still hadn't fixed the problems and were hoping I'd found a workaround in the mean time.

Ha. No worries. I think you might be onto something, with your suggestion, though. We did take it to heart and are putting something together right now, actually.

Can't wait to see it, your video work has been great so far.
full member
Activity: 193
Merit: 100
How many actual developers are working on the wallet?
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Are the advisors being paid with your tokens?

Yes, but some advisors (not all are listed) are also being compensated with CASH as well, as they are more involved in the day-to-day decision making process than most ICO advisors. So, those who perform a specific function are compensated for their time immediately and also have a vested interest in the success of the project by dropping their normal rates in exchange for tokens.
member
Activity: 70
Merit: 10
Are the advisors being paid with your tokens?
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Oh, and a quick reminder that we have less than 15 minutes until the cut-off time for video questions. We've received some great questions from other social channels and one question from a PM from BitcoinTalk, but don't be shy! Let's get in any pressing questions you guys have.

We will also create some videos to answer the recent questions on ICO terms, benefit of getting in on the pre-ICO, etc. Thanks everyone for your continued support!
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Here are some helpful notes, with clarifications, from our Telegram chat:

The total supply is capped at 1billion but they only mint what is sold plus a 30% reserve for:

Duane forgot to include the 30% reserve/bonus tokens for founders, bounties, influencers, etc. So technically, the max is 1.3 billion, but tokens are only minted, if there is enough demand to reach the ETH CAP. The arbitrarily high ETH CAP is NOT our goal. It's just a high enough limit to let everyone who wants to support "the people's wallet", get in.

Our goal is closer to 200,000 ETH, but we left it open to raise more and add more advanced features from the road-map.

What happens to unsold tokens, assuming there are any.

For example, at the minimum of 5,000 ETH contributed, only 2,500,000 JVY tokens would be minted. This creates the scarcity based on the current demand. So, the terms we defined will ensure that we don't end up with way more tokens than the demand would justify. We felt this was a better way than other ICOs that simply mint a fortune (mostly so the founders immediately get rich). We're more interested in delivering the best solution and THEN get rich off of revenues for doing something great and highly desired by the crypto community (a wallet with all cryptos supported that is far more secure and easy-to-use).


Does that clarify how the ETH CAP is intended to work and how tokens will be minted in appropriate scarcity?
sr. member
Activity: 271
Merit: 250
What happens to unsold tokens, assuming there are any.
hero member
Activity: 966
Merit: 552
The Javvy CEO will be in the "hot seat", answering YOUR questions. Send them in!! Check out all you need to know in this quick video: https://youtu.be/KcqUdLaN3ik
The total supply is capped at 1billion but they only mint what is sold plus a 30% reserve for:
12% for founding partners (vests in 2 years with 6-month cliff) 10% for operational use when buying/selling cryptocurrency in the Javvy wallet 4% for attracting and retaining top talent, post launch 3% for key people, advisors, and influencers 1% for bounty rewards
More information can be found on slide 23 of their pitch deck. https://javvy.com/wp-content/uploads/2017/09/javvy-pitch-deck.pdf
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
All PAID token orders have been filled. Since there were some "Bank Transfer" payments, those could take a few days to clear and then we'll issue those tokens. We appreciate everyone's patience while we got up-to-speed on the process of issuing the tokens (after figuring out the Ethereum hard fork issue). Now, we're ready to handle substantial volume. Smiley

Also remember to get in any questions you might have so we can answer them in our upcoming videos! We have a few good ones submitted through various social media accounts but would love to add more. Hit us up!

Lastly, don't be shy! If you have questions, give us a call at +1.888.763.6797. We are happy to walk you through the process of buying equity shares and/or JVY tokens. Plus, we have a clever greeting on our phone and would love to hear your feedback on it! lol

Visit the pre-ICO page and/or Check out our Javvy Equity Shares Offering.

Buy Tokens Now! or Donate (and get a gold-plated iron bitcoin COIN).

Take care!

Brandon
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Hello all!

I must apologize for the delay in issuing tokens, due to an incompatibility with our multisig wallet and the recent Ethereum hard fork. That has been resolved now, so I will begin issuing the token purchases. Thank you all for your interest and patience! I will update again, shortly, once all backlogged orders are filled.

Cheers!

Brandon
sr. member
Activity: 756
Merit: 250
Do you think you will expand into Asia?

Yes. We plan to register in every country, where allowed, but that is dependent upon funding and/or revenue.

We are building the technology in a way that will serve all countries. After that, it is just a matter of licensing (where needed).

Do you expect Chinese regulation to give you any difficulties?

Yes, China will be problematic in the short-term (only for buy and sell operations). However, we aren't planning to have buy/sell capability in the wallet until Q1 or Q2 next year anyway. We feel that, by then, China will come around and announce new regulations that benefit the government/banks. At that time, Javvy will adhere to the Chinese KYC policies for its citizens.

The other wallet features (send, receive, convert, use, manage) will not be affected by Chinese regulations, as we will not impose restrictions on those operations.

I agree China will find a way to profit off of this, and will set up the hoops needed. It's just a matter of jumping through them, then.
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Do you think you will expand into Asia?

Yes. We plan to register in every country, where allowed, but that is dependent upon funding and/or revenue.

We are building the technology in a way that will serve all countries. After that, it is just a matter of licensing (where needed).

Do you expect Chinese regulation to give you any difficulties?

Yes, China will be problematic in the short-term (only for buy and sell operations). However, we aren't planning to have buy/sell capability in the wallet until Q1 or Q2 next year anyway. We feel that, by then, China will come around and announce new regulations that benefit the government/banks. At that time, Javvy will adhere to the Chinese KYC policies for its citizens.

The other wallet features (send, receive, convert, use, manage) will not be affected by Chinese regulations, as we will not impose restrictions on those operations.
full member
Activity: 248
Merit: 100
Do you think you will expand into Asia?

Yes. We plan to register in every country, where allowed, but that is dependent upon funding and/or revenue.

We are building the technology in a way that will serve all countries. After that, it is just a matter of licensing (where needed).

Do you expect Chinese regulation to give you any difficulties?
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
Haha, I appreciate the offer, but I'm not the most charismatic person vocally. I really do think you won't have a hard time finding people willing to do this though with the google searches I mentioned earlier. Lots of the posts are on Reddit so it would be easy to get ahold of the author. I still get replies to my complaints on there months later saying they still hadn't fixed the problems and were hoping I'd found a workaround in the mean time.

Ha. No worries. I think you might be onto something, with your suggestion, though. We did take it to heart and are putting something together right now, actually.
full member
Activity: 476
Merit: 100
Yeah I could complain for days about it. I guess I can understand they think they need all the verification, and I would probably be more okay with it if they actually handled it well. From my experience, they often have broken steps. Just google "can't verify Kraken" or "can't link bank coinbase", you'll find all sorts of bureaucratic nightmare stories.

So, we haven't announced this officially yet, but we are about to launch a gorilla marketing, grass roots social media campaign, using videos (and some audio only for podcasts, audiobooks, etc).

Would you be interested in sharing some of your war stories with us on audio and/or video?

(We're going to make an announcement soon and ask for questions from the community on Javvy or crypto topics, in general, and answer those in videos)

Haha, I appreciate the offer, but I'm not the most charismatic person vocally. I really do think you won't have a hard time finding people willing to do this though with the google searches I mentioned earlier. Lots of the posts are on Reddit so it would be easy to get ahold of the author. I still get replies to my complaints on there months later saying they still hadn't fixed the problems and were hoping I'd found a workaround in the mean time.
member
Activity: 123
Merit: 10
Keep it secret; Keep it safe.
I had the wrong one, I just updated it.

Thanks, Blackcoin & Dan, for helping to ensure we have the correct links. aTriz should also be announcing updated signatures, soon, as well.

By the way, everyone be sure to chime in with your tough questions! We're going to extend the deadline for questions until tomorrow afternoon 1pm EDT. If we do not have a lot of questions, we'll just post a number of videos addressing some pressing issues in crypto, our perception of where it's heading, and obstacles facing the Javvy ICO (much has changed in the ICO landscape in the past 1-2 months).
Pages:
Jump to: