Topic: [ANN][ICO] Spectiv: DECENTRALIZED VIRTUAL REALITY (OLD THREAD) - page 27. (Read 87405 times)

You are active here but many people in your bounty campaign have been victims. Will the stakes earned be distributed to bounty participants ? Even if they exit the bounty program

We appreciate your concerns about our project, and we want to clarify a lot of the assumptions that you are making. Many of these assumptions are blatantly incorrect, so I will answer each of your questions or concerns individually. Hopefully this will clear things up for everyone who is interested in Spectiv. Thank you for your support!

1. Allowing early buying for a 100% bonus:

No funds have been raised yet...

We have been in discussions with a handful of buyers who have shown interest in being involved in Spectiv early. We have not followed through with these buyers because we are setting up the legal structure to allow us to handle early purchases, this will be done through a SAFT agreement. Now that we have this setup, we are actually planning to send out an email to everyone on our email list to allow them to participate in this raise if they would like. This email will be sent out next week.  This is not a private collection of funds, but will be very limited and have certain requirements for participating.

We will only sell a maximum of $200K worth of Signal Tokens in this early sell. These funds will be strictly used to allow us to spend a significantly higher budget on marketing. This will benefit everyone involved in Spectiv, so there is no reason to denounce it. We will always make public any funds that we do raise, as any other respectable project has done. We are not desperate for these funds and will still execute a successful token sale without them, but if we do raise these early funds, their impact on the token sale will be nothing but positive.

As a note, the token sale had already been delayed when these discussions started. There was never a time when we were asking for money with only weeks before the crowdsale because it was already delayed.

We understand the hesitation in accepting our delay, but we need you to trust that this is the only choice we have. We did not delay because want to delay, but rather we are delaying because we are setting up the required legal infrastructure for our company and token sale. We will continually update everyone on what we are working on, but I can ensure that this is the best possible case for what we are doing.

We originally wanted to host on presale.spectivvr.com , but we had issues with our domain providers. We needed to get SSL security verification for the subdomain in a very short time frame, and our original domain provider, Bluehost, actually had problems on their end for which they have offered us a full refund. To make a long story short, we were just having a problem getting the SSL security certification for the presale subdomain in the time we needed it. So we chose to go with the Heroku domain.

It's not that we don't want people to know about the presale - but yes, participating in the presale is limited to our early supporter email list. We put the link at the top of the main site so token purchasers have a second place to confirm legitimacy of the portal link.

This contribution period is not an ICO - it is a high-bonus presale engagement between Spectiv and its early supporters. This means there is no smart contract for this contribution period. This is why we gave all purchasers the opportunity to enter a SAFT agreement with us. The SAFT that our members signed in their portal legally obligates us to send them Signal Tokens at the time of the Spectiv crowdsale. All purchasers who participate in this presale opportunity are represented by our third party legal consultants, Sutton Stone. Since this presale does not have a smart contract tied to it, we have to implement our own system for responsible transaction accounting. Sutton Stone has arranged for global accounting firm Baker Tilly to audit all transactions before any funds are withdrawn. Please feel free to email Sutton Stone for third party verification on the Spectiv presale process: [email protected]. One thing we can assure you of now is that our presale procedure is absolutely secure and has not come close to compromise on any front. All information exchanged via email cannot be used to harm any presale participant in any way. The only sensitive information exchanged is in our portal. The portal uses the latest standards in password encryption and session security. Our database is hosted and secured by Compose which utilizes TLS/SSL encryption for data while running on a private VLAN. We have done this to ensure that everyone participating in the presale will not have any of their information leaked or compromised.

This is the correct site, and you completely safe to login. We have already hosted over 150 interested presale participants into the portal. The reason it is being done on our this site is because it is a custom built app by our developer Chris Pena and we hosted it with Heroku for a number of reasons. Overall our biggest goals are security and speed, and we are definitely able to do that through this pre-sale portal. Further, we do not want to the publi to know about the pre-sale, it is exclusive to the Spectiv community and email subscriber. You can login to the portal with the login info that was included in the email.

I have received an email about the pre-sale but the website is hosted at https://spectivvr-presale.herokuapp.com/ - can you confirm this is the correct address and not a scam? And on a related note - why is this not happening on your own domain name, https://www.spectivvr.com/?

thanks

The token sale will be in December on Dec. 8th, but right now we are running our private pre-sale which is limited to early Spectiv supporters who were subscribed to the email list.

If you make sure to join the Slack, we have been very active in there lately and you will find a lot of questions and answers.

Spectiv looks more promising at start but delay doesnt looks good

How many projects currently working on VR concept?

You know that the project was postponed, right? We will have to wait for more time to see what's gonna happen. They post improvements and developments here which is good for the people. They created the demo I think and this will be proof of concept.

Exactly. Make your decision for an investment and then give it time. It is most often the only reasonable strategy to trade highly speculative coins of ambitious projects. That being said, I am giving this a chance!

of course

I have read the OP but I don't understand why you need a coin/token to share VR content.
What is the market?

what is the "100% bonus on tokens" you are talking about?

Now there is 100% bonus on tokens. But you must invest 20 eth
20 eth is a lot of money
Pity not all 100% get at the beginning. Would be very fair for the other investors or interested
The info has come as mail