Topic: [ANN][ICO]Harbour DAO - Your Safe Harbour - page 2. (Read 3183 times)

Price per token means nothing if you don't consider circulation for example coin A has a price of 1$ but 1.000.000 coins and coin B has a price of 100$ but only 2 coins, you can't say that coin A is cheaper. The total market cap is what you want to watch and in this case it is $2 million so quite cheap.

As for the price per token that is almost irrelevant what is relevant is the total amount raised  and we have a hard cap of 10k ETH ($2.2 millions) we are trying to raise as little money as possible and be responsible with our ICO model.

Hi we recognize that perfect execution is a must, we are aware of the problem you mentioned above that's why we are building a system to allow trading of big amounts with minimal slippage.

you must read dev post
harbour coin not open bounty, not open anything promotion
this mean not open bounty translation too

Coin prices are quite expensive for 1ETH = 15HRB
quite pessimistic about the success of this project,some ICO are pegging high prices at the time of the release of the price of drop.Well below the crowdsale price

If you have a reward for the translation - I'm happy to quickly and efficiently translate the ANN to Russian language

From my point of view as compare with total supply of this token which is will be very limited. This project backed by nice people behind as I think it will get sold in very short time of period once this ICO will get open for investor.

As cryptoworld is evolving and growing more and more professional traders, trading companies etc are entering the market. This has as a consequence that execution of orders will determine a big part of the return on investment. Sloppy execution will (possibly) destroy (a big - part of) ROI. In empty markets (in case of volatility), or empty exchanges (for example after outage) this may cause massive losses (an example is the flash crash in ETH on GDax, although there have been several mini flash crashes/huge spikes caused by extremely sloppy execution on many exchanges in many products).

The automatic part is a beautiful concept. I am afraid Harbour might be waiting for an accident waiting to happen by automatic execution at an inconvenient moment or circumstance. I am not trying to be negative about your project. I am actually mentioning the above so you guys might take it in consideration and try to do something about it. Or perhaps you already have it covered and I didn't read about it.

15 HRB for every 1 ETH may be hight at the moment, over $12 for one HRB
I thinks need more info and long times to see before sent ETH coin

This is something that was decided beforehand by the developers, while there is no Bounty, this project really shows a lot of promise and could do very well.

agree, although there is no guarantee that promotion will make a success, but at least a bounty program will build a large community, so it will attract many investors to invest

Why do not you put bounty as a good promotional tool?
How can you develop your project without any campaign bounty?

Yes, tokenholders can decide the moment when to take profits/losses, for each individual Asset that Harbour has invested in, they can decide in 10% Increments from 10% to 100% of Asset. (Sell/Buy)

There are several types of proposal. The currently defined proposal types are as follows:

1) ICO Contribution: This is one of the core proposal types. It is used to diversify into different ICOs.
This proposal has ‘yes’ or ‘no’ options. When holders vote yes, they can pick what percentage
of Harbour’s holdings they would like to contribute.

2) DAO Change: This is another core part of the project. This proposal type provides tokenholders
with the ability to change aspects of the DAO. These proposals execute automatically, and work
by changing configuration values on the DAO, such as dividend rates, proposal creation fees, etc.

3) Buy Proposal: This proposal allows tokenholders to vote on allocating holdings in an existing
Token. This functionality will work automatically through various exchanges. Holders will be able
to vote for Harbour to invest 2%, 4%, 8%, or 10% of its ETH in the Token.

4) Sell Proposal: This proposal allows tokenholders to vote on selling a token the DAO currently
holds. It is planned that this also works automatically by using both decentralized and centralized
exchanges. Holders will be able to vote to sell 10-100% of the asset, in 10% increments.

Proposal Creation Fee – In order to reduce spam proposals, there will be a fixed ETH fee associated
with creating a proposal. If a proposal passes successfully, the creator will have the fee reimbursed.
We believe this not only stops spammers from creating fake proposals, but also motivates tokenholders
to make good proposals they think will pass.


Thank you for the support, there will no Bounty Campaign though.

looking great and promising project, waaiting for bounty campaign

This seems like a nice idea, although I see some if's and but's regarding (large) tokenholders deciding everything.
How is decided when to take profits/losses? How are these executed and who is doing that? Or am I completely misunderstanding the concept? If I do please enlighten me

Remembered with WINGS DAO, is there any cooperation?

What do you guys think of Harbour?

From the Whitepaper:

The ICO will start at 16:00 GMT on August 1, and end at 16:00 GMT on August 31, or until the cap of
10,000 ETH is reached. During the crowdsale, you will receive 15 HRB for every 1 ETH you contribute.
If the cap isn’t reached, all funds will be returned.

150,000 HRB will be created on August 1. 100% of those are available to participants in the crowdsale.
Another 500,000 HRB will be created at a later date to raise more funds for Harbour.There will never
be more than 650,000 HRB in existence.

Of those 500,000 HRB left over after our initial sale, 350,000 HRB will be available for later sale in
accordance with our staged ICO model; another 50,000 HRB are reserved for the Harbour DAO; and
100,000 HRB will go to the founding team. These remaining 500,000 HRB will be released at a date and
an ETH price that we expect will be in close alignment to our roadmap outlined in more detail below.

Maximum cap is set at 10k Ethereum or the ICO will last one month approximately. Initial token price is set at 15 HRB for every 1 ETH invested into this project. Isn't the price for token bit high against fiat currency ? I feel need to see more about the project by going trough whitepaper.

No Bounties will be held for this ICO so please don't spam with reservations in this thread.