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Topic: [ANN][ICO] OROCRYPT – Digitized Precious Metals On The Ethereum Blockchain - page 2. (Read 43224 times)

full member
Activity: 490
Merit: 101
The timeframe, and save any unexpected delays, we will be ready to start selling the gold token by 30th November.
newbie
Activity: 16
Merit: 0

I think at this stage every thing said must be true for gaining some trust again
List tokens September? You got 8 hours. And else give an update.

Update from the recent progressions in the Orocrypt project:


- We are now working on the implementation of the gold token Smart Contract, including the web development (platform). We expect to launch it in late September/early October.

- Refunding of the Bitcoin and Ethers were done; followed by the Euros (bankwire) being almost completed.

- We expect to list the OROC tokens during September.  Currently, we are in talks with 2 exchanges.

- The Board passed a resolution about OROC bonuses. All the investors who decided to stay (after the end of the ICO), will receive a bonus as follows:
Investments between 1 and 10 OROC will receive 1 OROC.
Investments between 10 and 20 OROC will receive 2 OROC. 
(And so on.)

- We are aware that the persons who participated in the Bounty Programs did a lot of work for the ICO.  The Board approved a special bonus of 130 OROC for the top bounty participants.  Since there is too many, we will be developing; with Ambisafe; a lottery system to allocate those OROC by random selection in the list.

sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
Update from the Orocrypt team:

Progression of the project:
Orocrypt is working hard on the gold token; a tokenized precious metal on the Ethereum Blockchain. Unfortunately; things are going slower than planned.
With so many ICO’s being launched; the availability of the companies providing the needed platforms to publish a token went down. This is mainly due to a lack of personnel and employees.

Legal aspects: As you might also know or have noticed, many things happened in the last weeks. The regulations being modified in China and Singapore are examples. Therefore; and in order to comply to the ongoing changes; we are adapting our project to avoid possible legal problems.
While this is taking some time, we think that it is critical to have a strong base to provide our clients with a strong product.

Bounty Programs & Returns: While we are aware that the bounty hunters are waiting for a return; Orocrypt would like to put forward the fact that since our ICO did not reach its minimum; we do not have any obligations to give rewards. This is part of the risks included in a bounty program.
That being said; we are more than happy to do so since we believe that anyone who participated or provided a service should be receiving a payment.

Orocrypt is thanking you for your patience while we arrange the OROC lottery among the individuals who participated.  Please note that we have allocated more tokens as a goodwill gesture, than the 0.5% of funds received.  This is to recognise your efforts in our ICO,  for which we are very grateful.


Hello!

The fact that the team did not abandon the project is very good! It is also very correct, I believe, that you took the time to inform the bounty campaign participants that they are not forgotten. Do you plan to involve the forum community in the further implementation of the OROCRYPT project to promote it? In what forms? What deadlines have you set for yourself to restart the fundraising?

If you want to attract us to ICO advertising in the future, I would suggest that you transfer the lottery at the end of the fundraising or turn it into an incentive fund for those who will take part in both stages of your ICO.
hero member
Activity: 518
Merit: 500
Update from the Orocrypt team:

Progression of the project:
Orocrypt is working hard on the gold token; a tokenized precious metal on the Ethereum Blockchain. Unfortunately; things are going slower than planned.
With so many ICO’s being launched; the availability of the companies providing the needed platforms to publish a token went down. This is mainly due to a lack of personnel and employees.

Legal aspects: As you might also know or have noticed, many things happened in the last weeks. The regulations being modified in China and Singapore are examples. Therefore; and in order to comply to the ongoing changes; we are adapting our project to avoid possible legal problems.
While this is taking some time, we think that it is critical to have a strong base to provide our clients with a strong product.

Bounty Programs & Returns: While we are aware that the bounty hunters are waiting for a return; Orocrypt would like to put forward the fact that since our ICO did not reach its minimum; we do not have any obligations to give rewards. This is part of the risks included in a bounty program.
That being said; we are more than happy to do so since we believe that anyone who participated or provided a service should be receiving a payment.

Orocrypt is thanking you for your patience while we arrange the OROC lottery among the individuals who participated.  Please note that we have allocated more tokens as a goodwill gesture, than the 0.5% of funds received.  This is to recognise your efforts in our ICO,  for which we are very grateful.

Will there be another ico?I hope this time around you would manage it more efficiently and reach your goals
member
Activity: 85
Merit: 10
Update from the Orocrypt team:

Progression of the project:
Orocrypt is working hard on the gold token; a tokenized precious metal on the Ethereum Blockchain. Unfortunately; things are going slower than planned.
With so many ICO’s being launched; the availability of the companies providing the needed platforms to publish a token went down. This is mainly due to a lack of personnel and employees.

Legal aspects: As you might also know or have noticed, many things happened in the last weeks. The regulations being modified in China and Singapore are examples. Therefore; and in order to comply to the ongoing changes; we are adapting our project to avoid possible legal problems.
While this is taking some time, we think that it is critical to have a strong base to provide our clients with a strong product.

Bounty Programs & Returns: While we are aware that the bounty hunters are waiting for a return; Orocrypt would like to put forward the fact that since our ICO did not reach its minimum; we do not have any obligations to give rewards. This is part of the risks included in a bounty program.
That being said; we are more than happy to do so since we believe that anyone who participated or provided a service should be receiving a payment.

Orocrypt is thanking you for your patience while we arrange the OROC lottery among the individuals who participated.  Please note that we have allocated more tokens as a goodwill gesture, than the 0.5% of funds received.  This is to recognise your efforts in our ICO,  for which we are very grateful.
legendary
Activity: 1863
Merit: 1020
Even if they press tokens nobody would buy this scamcoin. It's like Bitcad, they pressed tokens but nobody want it because basically it's useless.
Their decision about lottery system for bounty participants is far more than comedy. This project failed big time, there's nothing they can do to recover from this situation.
sr. member
Activity: 994
Merit: 263
PassiveIncomeHunter
Update from the recent progressions in the Orocrypt project:


- We are now working on the implementation of the gold token Smart Contract, including the web development (platform). We expect to launch it in late September/early October.

- Refunding of the Bitcoin and Ethers were done; followed by the Euros (bankwire) being almost completed.

- We expect to list the OROC tokens during September.  Currently, we are in talks with 2 exchanges.

- The Board passed a resolution about OROC bonuses. All the investors who decided to stay (after the end of the ICO), will receive a bonus as follows:
Investments between 1 and 10 OROC will receive 1 OROC.
Investments between 10 and 20 OROC will receive 2 OROC. 
(And so on.)

- We are aware that the persons who participated in the Bounty Programs did a lot of work for the ICO.  The Board approved a special bonus of 130 OROC for the top bounty participants.  Since there is too many, we will be developing; with Ambisafe; a lottery system to allocate those OROC by random selection in the list.


Dear Orocrypt!

I think that your team has acted very unprofessional in relation to the participants of the bounty campaigns:

1) the manager who lead the thread of the bounty simply disappeared without any explanations or announcements;
2) none of the OROteam also came there to clarify the situation around the project and answer community questions;
3) the spreadsheet of participants was deleted - and none of us knows the whole list or their honestly earned stakes;
4) the fact that you announced a certain lottery, has neither a date for holding, nor any clarity in the procedure for selecting "winners"...

It would not be nice to offend anyone, but it is necessary to maintain self-control, professionalism and respect for those whom you hire to promote your project - even if it does not become successful. On good terms, you should honestly announce the current situation around the project and discuss with the bounty hunters possible options for fair and honest compensation - especially since you are planning to continue the project.

Sincerely, but with a misunderstanding,
EvRo74
member
Activity: 85
Merit: 10
Latest update from the Board of Orocrypt:
 
We have applied to list our OROC tokens in the new exchange from Ambisafe called “Orderbook” ( orderbook.io). We have been informed that the token listing is expected by the end of October.

We are continuing our work to implement the gold-backed token Smart Contract and web portal development.  There is a backlog of available resources due to the high number of new ICOs coming to the market.  For this reason we expect to launch our gold token in October.

Like always; the whole team from Orocrypt wish to thank you for being with us while we work hard to provide you the best digitised assets on the Blockchain.

member
Activity: 85
Merit: 10
There is a phishing scam posted in the Orocrypt Slack channel.  This is not from Orocrypt.  @relerer.chair is not associated with us nor part of our team.

https://orocrypt.slack.com/messages/D70QY9Y91/p1505088609000124

The message text is :

 You have a new direct message from the Orocrypt workspace (orocrypt.slack.com).
@relerer.chair View in the archives
Ronnie Barnes 8:10 PM, September 10th
**Official Announcement from the Orocrypt team**
Orocrypt Token Last-Sale is OPEN NOW!

We are pleased to announce that all the registered members can now buy the last tokens left at a special rate of 4750.58 per 1 ETH.
Last-sale ends in 48 hours or when the hard cap is reached (2000 ETH).
This is the last change to buy our tokens, only 9,501,160 tokens left!

The minimum contribution is 0.1 ETH and the maximum contribution is 500 ETH.

Contribution Bonuses:

20+ ETH = 5% BONUS
50+ ETH = 12.5% BONUS
100+ ETH = 30% BONUS
200+ ETH = 70% BONUS
300+ ETH = 100% BONUS

CONTRACT ADDRESS - 0xb1daEc35b9774288fd3895A30912961945878046

Please note that you will see your tokens on your ETH address where you sent from.

Recommended - Gas limit: 200,000 | Gas price: 50 Gwei

Our website - https://orocrypt.com/

Thank you for your continuous support,
Your Orocrypt Team


We NEVER ask anyone to send coins directly and not after you have logged in from our website
member
Activity: 154
Merit: 10
* PM for Japanese Translations *
How do you compare yourself with digix and hello gold? And from a regulatory standpoint how does it impact tge project as what you're selling is in fact shares. Not token for applications


Edit: project looks dead
member
Activity: 85
Merit: 10
There is a phishing scam posted in the Orocrypt Slack channel.  This is not from Orocrypt.  @relerer.chair is not associated with us nor part of our team.

https://orocrypt.slack.com/messages/D70QY9Y91/p1505088609000124

The message text is :

 You have a new direct message from the Orocrypt workspace (orocrypt.slack.com).
@relerer.chair View in the archives
Ronnie Barnes 8:10 PM, September 10th
**Official Announcement from the Orocrypt team**
Orocrypt Token Last-Sale is OPEN NOW!

We are pleased to announce that all the registered members can now buy the last tokens left at a special rate of 4750.58 per 1 ETH.
Last-sale ends in 48 hours or when the hard cap is reached (2000 ETH).
This is the last change to buy our tokens, only 9,501,160 tokens left!

The minimum contribution is 0.1 ETH and the maximum contribution is 500 ETH.

Contribution Bonuses:

20+ ETH = 5% BONUS
50+ ETH = 12.5% BONUS
100+ ETH = 30% BONUS
200+ ETH = 70% BONUS
300+ ETH = 100% BONUS

CONTRACT ADDRESS - 0xb1daEc35b9774288fd3895A30912961945878046

Please note that you will see your tokens on your ETH address where you sent from.

Recommended - Gas limit: 200,000 | Gas price: 50 Gwei

Our website - https://orocrypt.com/

Thank you for your continuous support,
Your Orocrypt Team
member
Activity: 85
Merit: 10
There is a phishing scam posted in the Orocrypt Slack channel.  This is not from Orocrypt.  @relerer.chair is not associated with us nor part of our team.

https://orocrypt.slack.com/messages/D70QY9Y91/p1505088609000124
member
Activity: 85
Merit: 10
There is a phishing scam posted in the Orocrypt Slack channel.  This is not from Orocrypt.  @relerer.chair is not associated with us nor part of our team.
member
Activity: 85
Merit: 10
Update from the recent progressions in the Orocrypt project:


- We are now working on the implementation of the gold token Smart Contract, including the web development (platform). We expect to launch it in late September/early October.

- Refunding of the Bitcoin and Ethers were done; followed by the Euros (bankwire) being almost completed.

- We expect to list the OROC tokens during September.  Currently, we are in talks with 2 exchanges.

- The Board passed a resolution about OROC bonuses. All the investors who decided to stay (after the end of the ICO), will receive a bonus as follows:
Investments between 1 and 10 OROC will receive 1 OROC.
Investments between 10 and 20 OROC will receive 2 OROC. 
(And so on.)

- We are aware that the persons who participated in the Bounty Programs did a lot of work for the ICO.  The Board approved a special bonus of 130 OROC for the top bounty participants.  Since there is too many, we will be developing; with Ambisafe; a lottery system to allocate those OROC by random selection in the list.

full member
Activity: 616
Merit: 118
how the progress about this project? it's really dead?? no one of the team can safe it?? i think this project can be successfull because of the convincing promotions. but unfortunately, i am and much of people are disappointed.
hero member
Activity: 663
Merit: 505
Orocrypt account
Last Active:   August 04, 2017, 05:10:26 PM

These scammers don't even login to the forum again. They wasted everybody's precious time and money.
sr. member
Activity: 1148
Merit: 307
It is not clear to me how you can have a trustless ownership of gold thought cryptos... it is quite an oxymoron...
full member
Activity: 215
Merit: 121
Why this campaign of bounty is failed? Angry
sr. member
Activity: 504
Merit: 250
For bounty campaign to pay something will be?
newbie
Activity: 32
Merit: 0
I think there will be no bounty payment, as the minimum ICO expected has not been reached.

Have investors been repaid?
Nope, anyone else got refunded?
just to update: I received my refund.
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