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Topic: [ANN][ICO] Spectiv: DECENTRALIZED VIRTUAL REALITY (OLD THREAD) - page 34. (Read 87405 times)

hero member
Activity: 1050
Merit: 501

Forward questions from my friends :
" Hi, signature bounty manger, I know the ICO date has delayed, but the signature code as well as the Personal Text still remain the wrong date, why not update this information? "

According to them, they are not changing the dates at the signature banner and elsewhere because they still don't know the exact date.
sr. member
Activity: 784
Merit: 255
OFFICIAL ANNOUNCEMENT:

We are officially delaying our token sale and we will have an official new date for when the token will start coming soon! We currently expect that the token sale will start in late September or October. We will have the official date within the next two weeks after we have laid out the planning and established our new timeline.

The reason we are delaying is because there are a series of required steps that we need to achieve in order for the crowdsale to be fully successful. The most important factor in this is the legal structuring of our company and our crowdsale. We cannot do a crowdsale without first having these in order. To accomplish this, we have partnered with ICO consulting experts Sutton Stone and they will be working on setting up the token sale legally, establishing the company structure, assessing the company and token model, and marketing/promotion.

We have also started work on developing the Spectiv platform, and expect to release a demo version for testing within the next 14-21 days! We will work directly with the community for testing this demo and will implement your feedback when developing the Alpha version of the Spectiv platform.

Bounty Implications:
We understand that delaying the crowdsale will require our bounty participants to put in more work, especially the signature campaign members. In order to reward our bounty members for staying with Spectiv during this delay, we have decided to increase the token allocation for the Bounty Campaign by double from 2-4%! We are pulling 2% directly from the management team allocation and will be distributing it to the bounty members! We hope that this will allow our bounty members to stay with our campaign and not change their signature.


Forward questions from my friends :
" Hi, signature bounty manger, I know the ICO date has delayed, but the signature code as well as the Personal Text still remain the wrong date, why not update this information? "
sud
sr. member
Activity: 826
Merit: 301
Still waiting the answer  to my question  https://bitcointalksearch.org/topic/annico-spectiv-decentralized-virtual-reality-old-thread-1975254 from Spectiv representaive. To put it in concise way: will Spectiv tokens be tradeable on external Exchanges or they are only for internal use inside the platform?

For internal use only on the platform are SPECS. Signals are ERC20 Ethereum blockchain tokens, so you can trade them how you want and if any exchange will list them you would be able to trade them there too.
You should read the whitepaper, it's all there.
sr. member
Activity: 958
Merit: 265
If ICO is delayed very long, what about the signature agreement that ends in september? Do we have to install signatures very long?
I think the signature agreement will get delayed too because the money that they will pay from bounty users is depends on the money that they will get from ICO Wink
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
If ICO is delayed very long, what about the signature agreement that ends in september? Do we have to install signatures very long?
sud
sr. member
Activity: 826
Merit: 301
How much do you guys want to raise ?

Hey, cap is $40M. Here is the latest update of crowdsale terms.


ANNOUNCEMENT

Updated Whitepaper


Spectiv Crowdsale Update

SIGNAL TOKENS PRICE: $0.50 / SIG

NEW SIGNAL TOKENS RAISE CAP: $40M USD

NEW SIGNAL TOKENS RAISE MIN: $2M USD


Updated Pricing and Bonuses



Due to major fluctuations in Ethereum, we've gotten feedback from the community and our advisors to state our max cap in USD rather than ETH, adjusting the ETH receivable to fit the USD equivalent. Additionally, you will notice that we have materially raised the max cap.





WHY THE CAP HAS BEEN RAISED


The Spectiv platform and Signal Token are built for large-scale interacting networks, which means it is important that we welcome a wide community to join us in the project. We modified the crowdsale structure to allow for more people to participate.

Higher-level funds raised through the crowdsale will be used to support major platform backend needs and outreach efforts. Most notably, this will include data hosting and online marketing. These are fundamental variable expenses that could scale dramatically depending on Spectiv's adoption rate. Raising the crowdsale cap will allow Spectiv to support these expenditures assuming best and worst case scenarios moving forward.

With all this being said, we are not comfortable with the idea of controlling more funds than we can effectively utilize.
As such, we are holding firm to capping the crowdsale and implementing our milestone-based escrow release protocol.




4 Level Capital Raise Structure

sr. member
Activity: 812
Merit: 252
I think you have made a good decision to increase the bounty from 2% to 4% for the delay of the crowdsale.
hero member
Activity: 1820
Merit: 537
The announcement you give it makes the user signature campaign a little disappointed, but the gift token that you promised was quite interesting ,,
For the future whether the token sales delay you are providing can happen again or this is the last one??
Its not a totally disappointment because anyone is free to leave the campaign , Everything is perfectly undergone in a Legal and well planned projects .To think on this, it will be the last one they're finalizing the date when it will be septemer or october depends on their timeline with Sutton Stone. The best is yet to announce i have no doubt supporting this VR projects .
full member
Activity: 462
Merit: 100
The announcement you give it makes the user signature campaign a little disappointed, but the gift token that you promised was quite interesting ,,
For the future whether the token sales delay you are providing can happen again or this is the last one??
legendary
Activity: 1288
Merit: 1002
Is this official that the ICO is delayed?

Hey guys, we announced the delay several days ago, please read this post on our OP that explains why we are delaying:

Please be sure to read our recent announcement about our partnership with Sutton Stone: https://bitcointalksearch.org/topic/annico-spectiv-decentralized-virtual-reality-old-thread-1975254

Further, the reason the dates have not changed is because we do not have an official date yet for when we are starting the token sale, but we will have one at the end of this week. Once we have that finalized, we will be able to change the date everywhere else.

thanks dev for the update. i look forward for the official date of the ico.  just please update us. Smiley


Dev team did make an official announcement, the delay on the ICO is for very valid reasons and I have no problem with it. I had trouble finding it too so here it is in case you missed it: https://bitcointalksearch.org/topic/annico-spectiv-decentralized-virtual-reality-old-thread-1975254
full member
Activity: 224
Merit: 100
Will ICO be delayed again? Whereas they have postponed the date of ICO, it started on the 8th and has now been postponed to the 14th, how will your answer dev?
member
Activity: 92
Merit: 10
The crowdsale will open on 08/14/2017 at 2:00PM (GMT -5) and will run through 09/04/17. The total number of Sigs created will be determined by how many Sigs are sold. The crowdsale will be capped at $40 million USD. Users will be able to buy Signal Tokens with ETH via smart contract. Based on timing of purchase, some buyers will benefit from token bonuses for early participation. The crowdsale will end immediately if the $40 million cap is reached.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
Lately we've been having meetings with fellow start-ups in the VR industry in order to form mutually beneficial partnerships. As we continue to develop our platform, we will be able to integrate some of these partnerships. For example, yesterday we spoke with Immersv, a VR start-up that connects advertisers to VR apps and platforms. We hope to work with Immersv in the future to bring initial advertising revenue, and for us to advertise the Spectiv platform on other VR apps.

Really it is a very good move because there are many startup companies doesn't have enough funds to develop their product. Now it is going to be exciting to those companies with your help they can secure their dreams in VR industry.
member
Activity: 70
Merit: 10
Nah I meant that they have two set of tokens one is the Signal token: Sigs and another is Spectiv Tokens: Specs if you see the website you can see it under tokens section.

Specs are not a crypto currency. They're not part of the crowdsale. It's in the white paper.
I read a whitepaper, I did not find such information there. Can you please make a screenshot?
sr. member
Activity: 1204
Merit: 252
Won't Spectiv be affected by this?

Quote
On July 25, 2017, the SEC issued a Report of Investigation under Section 21(a) of the Securities Exchange Act of 1934 describing an SEC investigation of The DAO, a virtual organization, and its use of distributed ledger or blockchain technology to facilitate the offer and sale of DAO Tokens to raise capital. The Commission applied existing U.S. federal securities laws to this new paradigm, determining that DAO Tokens were securities.  The Commission stressed that those who offer and sell securities in the U.S. are required to comply with federal securities laws, regardless of whether those securities are purchased with virtual currencies or distributed with blockchain technology.
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings

Also wanted to know .. Does this text "regulation" aim to protect the investor?

Success to the project, and I hope it clarifies our doubts. Smiley
sr. member
Activity: 924
Merit: 260
Won't Spectiv be affected by this?

Quote
On July 25, 2017, the SEC issued a Report of Investigation under Section 21(a) of the Securities Exchange Act of 1934 describing an SEC investigation of The DAO, a virtual organization, and its use of distributed ledger or blockchain technology to facilitate the offer and sale of DAO Tokens to raise capital. The Commission applied existing U.S. federal securities laws to this new paradigm, determining that DAO Tokens were securities.  The Commission stressed that those who offer and sell securities in the U.S. are required to comply with federal securities laws, regardless of whether those securities are purchased with virtual currencies or distributed with blockchain technology.
https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings
sud
sr. member
Activity: 826
Merit: 301
Is there any youtube channel where interviews to the team and other Spectiv related video can be found? I've read earlier in this thread someone mentioning a video that he had seen.  If there is no channel a list of link of related videos would be welcome.

Here are three I've watched.
https://www.youtube.com/watch?v=VhLlXfdbN3I
https://www.youtube.com/watch?v=fJePxHkgogI
https://www.youtube.com/watch?v=zy46qTv6RDw
sr. member
Activity: 1015
Merit: 289
Is there any youtube channel where interviews to the team and other Spectiv related video can be found? I've read earlier in this thread someone mentioning a video that he had seen.  If there is no channel a list of link of related videos would be welcome.
legendary
Activity: 1400
Merit: 1000
I  would advise you to remove this from the bounty requirements, it's against the forum rule. Incentive posting 


- 2 posts each week can be within the Spectiv Main thread, but at least 10 posts must be made in other threads.
full member
Activity: 224
Merit: 100
I do not understand the dev token specification, I mean gold coins, silver, and bronze, what causes this price difference?
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