Topic: [ANN][ICO]Asseta - Borderless Crypto Bank Built on Blockchain - page 5. (Read 2622 times)

thank you for replyes.
When you plan to start full working?

One of the benefits to hold AST tokens is token buyback program. The 25% of net profit will be assigned to buyback program quarterly. That means that token price will be increased by decreasing total supply of AST tokens.

Hello everyone im new here in bitcointalk. Im interesting in this project i have studed your whitepaper and i hope your project will be succesful but i have a question about token buy back, what is that ?

This statement comes from the officially published document named "Bank of Lithuania’s position".
The main problem comes from the volatility of the crypto market – in other words, the government of Lithuania might be afraid that some companies would invest huge sums or assets in crypto market, then it could go down and the country’s economy could suffer. The services defined in the Law of Financial Institutions and insurance activities specified in the corresponding law should not participate in activities connected with “virtual currencies” and they should always separate fiat from crypto.

All in all, “should” doesn’t mean “must”, and the position might change in the future once the cryptocurrency market becomes more mature.  

In addition: There're challenges everywhere...

Some news about Lietuva vs. Crypto:

https://blog.minerone.io/will-crypto-anxiety-dull-lithuanias-fintech-edge/

Hello,
Thank you for your interest in our project.
I'll try to answer your questions in details.

Regarding your question about "Early contribution" offer. You can participate in the early contribution offer by filling the form at http://ico.asseta.eu. After successful form submition you will receive an email from our team (please note, we use only this e-mail: [email protected]). This e-mail will contain the agreement between buyer (You) and issuer (Asseta). One of the contractual clauses states that: "g.) ISSUER undertakes to return received funds if it is not possible to transfer AST (Asseta tokens) to BUYER on the conditions stated on this agreement". Crowdsale smartcontract will return funds to contributors in case there wouldn't be reached soft cap. So, if we don't reach soft cap - we couldn't transfer any AST tokens and, of course ASSETA will return all the funds collected during early contribution round.

Regarding your question about current functionality of ASSETA platform. It's undergoing beta testing right now and some functions might be disabled from time to time. We will finish testing by the end of this week. The merchant services is designed to fit contemporary online businesses needs. There will be enabled plugins for Magento, WHMCS, WP and etc. The main function is to provide the easy to use payment gateway. So, in other words - this function allows user to collect payments easily.

Regarding question about currently available deposit methods. There's only one deposit method currently available to the public - Wire transfer. We have almost all popular payment methods implemented (such as BTC, ETH, wire, WesternUnion and etc.).

Hallo dear members of this forum and Aseta team.
Ihave found that your whitepaper is nice, good and informative. Also I like this project and believe in its bright future.I want to consider to use early contribution in your ico. Can somebody here explain me how do it work? If I will do early contribution, and this project will not reach a goal in funding, what will be done with my investments? And here is a second question. I have registered in your bank platform. I found that there is merchant option to choose. How do it work? I can not test it. Also I can find that there is only one deposit methode on the system. When will be more added and when the platform will function in full?

ATTENTION EARLY CONTRIBUTORS

First of all, I want to thank you for participating in our early contribution offer (Early contribution).

We need to inform you, that due to a large number of applications received during weekend there is a slight delay in dispatching of agreements.

We are trying to do our best to send all the agreements as soon as possible. All the participants registered up to now will receive agreements within next 24 hours. Please, don't duplicate your registrations! 

Sorry for inconvenience and thank you for your interest in our project!

Global bank Asseta project is very attractive to many people especially with the blockchain making it easier in doing transaction. Very nice whitepaper and the explanation about obtaining the banking license seems like it could be a real possibility.

- sounds very nice!
I like this project's team way to do things 

We consider all the steps very serious.

This biometrical identification system will take user accounts to the highest security level. But, we must note, that this system will be used as an addition to other security systems. The user will have a choice to use it or not. There are traditional verification systems (such as one-time pin codes e-mailed or texted and etc.) also.

We state that the system is adapted exactly to users needs. So, every user will be able to configure these options as he wish

Thank you Asseta!
Right now I'm not sure about my identification in any other than my native jurisdictions.
I must declare any accounts outside my country. And just testing can bring me a lot of problems with government.
Without real financial operations it doesn't look reasonable.
 

And second question:
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MILESTONE #5

Adding AST coin (token) to public exchanges (by the end of March, 2018). Marketing campaign launch. Introduction of biometric authentication system (April, 2018).
===
Why this biometric authentication is so important for the project?
You plan it as one of the first steps.
There is hundreds of such systems in the world.
And you know - all crypto fans start shouting immediately that it ruin blockchain idea.

You are right.
You can test the product environment without KYC. However, if you want to make any transactions, you must go thru KYC and to make a deposit 

Right now it is nothing to test because all operations blocked without KYC identification 

The links are already there. You can get to the Linkedin profiles of our team by clicking on their photos at http://ico.asseta.eu

I'll forward this to our team. We will update a little bit our website in order to make it easier to understand 

a great project and it will be a success for his future, and many supporters who join in this project.

Hello. Could you introduce your team with links to Linkedin?

Our beta is already introduced to the public, we will finish testing next week
More information could be found at http://ico.asseta.eu
Or you can go and test it directly at http://www.asseta.eu

So, you releasing beta version very soon? It's almost 2nd of the February, good luck there.

You're right, there are many banking projects, but they are not identical. Every project is different. So, every project will find it's clientele.