Topic: [ANN][ICO]CREDITS - New Blockchain for financial industry [HARDCAP REACHED!] - page 141. (Read 37746 times)

Hi NakiRR,  so what do you say about my above calculation ? with assuming a fix rate of 1eth=1300$  , I arrived at circulating supply of 77m !  is my thinking correct? because with a hardcap of 20m$,  i do not understand how others arrive at 200m tokens . thank you

Yes, all ICO caps are in USD, and after that when 20 millions USD will be raised all unsold tokens will be burned or destroyed. And on pre-ico 3 mlb USD were collected, so on ico stage will be available only 17 mlns. So, as i said earlier, i'm waiting a really hot beginning of ICO main stage 

Received an email about whitelist/KYC with this text bellow:
An Alpha version of the platform will be released before the ICO so that everyone interested in our project could test the product before making a decision.
Great news! Waiting it!

 guys, good luck with the project going forward. I'm kind of on the cusp on whether to invest or not... For such a huge game changing project, you don't have many developers in your team. How can you compete with the big boys who have many developers working on their project. I feel it's that and the lack of partnerships/deals/acquisitions that puts me off. A lack of social proof. We are really taking your word for it.

hi guys,  can anyone help please:
trying to approximate somehow the post-ICO CIRCULATING token supply.

So they state the hard cap is 20m$. at a price per token of 1/5000eth .

So lets from now on assume: during ico 1eth=1300$ -> 1CS=0.26$
Since 600m tokens are up for sale, we can calculate the MAXIMUM tokens that theoretically can be sold: 20m$/0.26$ = 77m tokens

Since the team promised to burn all unsold tokens->burning 523m tokens (600-77)

We arrive post-ICO at a circulating supply of 77m  with the given ETH price assumption.

Am I totally blind, or anyone here who would confirm my circulating supply derivation?   if i am wrong, please tell me how you arrive at the circulating supply POST-ICO  (assuming a FIX eth/$ rate like 1300$)


THANKS guys:)

Just discovered Credits yesterday, i joined the bounty as it seems the greatest one in these moments!
best wishes for the developers, we wish a very successfull ico!

Bitcoin Garden: CREDITS Pre-ICO Cap Raised Ahead of Schedule
https://bitcoingarden.org/credits-pre-ico-cap-raised-ahead-schedule/

CREDITS platform successfully completed pre-ICO, collecting $ 3 million investments 4 days before the official end date. “We express our great gratitude to all those who showed interest in our project and we will do our best to fully justify the trust you have shown. Early closing of pre-ICO clearly showed that the project is appealing to people from all over the world. Alas, our tokens have not been caught by all persons interested!”

“We have collected enough funds to actively develop the CREDITS platform according to the road map of the project. We apologize to all those who did not have time to participate in the pre-ICO: we were forced to close it as we have reached the hard cap.  In the nearest plans we have the ICO in February 2018. The acceptable fundraising limit of 20 million dollars is a reasonable sum for realization of such a large-scale project. ” – said CEO Igor Chugunov.

CREDITS is an open blockchain platform with standalone smart contracts and internal cryptocurrency. The platform is designed to create services within the blockchain using smart contracts and a public-data register. The project team expresses great appreciation to all those who have shown interest in the CREDITS platform and reminds about the upcoming ICO. The Alpha version of the platform will be launched very soon, therefore it was decided to postpone the ICO date to February 1, 2018 so that everyone interested can test the platform and see how it works....

ZyCrypto revealed details of CREDITS upcoming ICO. Check at https://credits.com/en/Home/NewsItem/1213

If the token supply is 1 billion when the hard cap is 20 million in the ICO alone you will only sell between 100 - 200 million depending on the eth price. So the supply when reaching hard cap will be most likely much lower (around 200 - 250 mil) after ICO and token burn?

Check out CREDITS CEO & Founder Igor Chugunov and CTO & CoFounder Evgeny Butyaev showing key advantages of CREDITS blockchain platform.
https://www.youtube.com/watch?v=lXiVLFgXX88

Subscribe CREDITS YouTube Channel for more updates https://www.youtube.com/channel/UCD9jHWhwq4l03Yu5XnOPEhg?sub_confirmation=1

Top Brazilian news website mentioned CREDITS ICO project as the most promising ICO project to invest in 2018 https://guiadobitcoin.com.br/bombando-melhores-icos-para-investir-em-2018/ ICO starts on February 1st

Moи oбзopы o Credits:
1.Oбзop Credits. Hoвый blockchain!
https://youtu.be/1woBSJxWGtE
2. Кaк кyпить тoкeны Credits.
https://youtu.be/Jk3ov16fW6o

I don't think the price is different from the pre-ICO, except for the bonus structure. I think the price was also 5,000 per ETH.

What's interesting is that about the time this rolls out, the Russian exchanges will be preparing to open. Once the new Kremlin crypto bill is signed sometime in March, this project could become be a matter of national pride. Remember, this project is built on the Ethereum platform, and Vitalik Buterin, the founder of Ethereum, is Russian born. Vitalik is also reported to be responsible for Putin's reversal.

Given that the Russian Federation is excluded from the winter Olympics in South Korea, in February, this project may be seen as another way of boosting national pride, and if the oligarchs get on board in any way, they could drive this right out of the ball park.  

The whole project has been under the radar, especially given it's special finetech name, and a domain which likely cost a fortune to buy.  

Interestingly, if I wanted to buy a tribble on the original Star Trek TV series, I would have likely paid in federation credits.  Every serious Trekkie knows this, and there are millions of fans, worldwide.

Gene Roddenberry, the founder of Star Trek, deliberately made money seem unimportant in the future, which made many scenes difficult to write. "The Trouble with Tribbles" episode with Cyrano Jones was one of the few exceptions, where we saw federation money come into the light.  

The core team of Credits are primarily from the Russian Federation of .... the future?  Just some thoughts.

https://c1.staticflickr.com/5/4674/24830768737_3a9fe5011d_c.jpg">

Wait the email till the start of ico

No, it was postponed to February 01-28

In Telegram group was mentioned that they are negotiating with exchanges and coinmarketcap but at first need to finish the ico

In my country on the official TV channel they mentioned this project. I think this will be an important step for big investors in my country because the idea of this project is really good and could create a new revolution in the future.

Hi. Let’s say the system has determined a take of some action. How will it choose one of the two actions which seem to be the same?

Was ICO 31th Dec cancelled?

Credits project is interested and good with interesting concept, i believe this will be succes but i want to ask. When this project begins?