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Topic: [ANN][ID] EVEREST - Elevating Humanity - page 44. (Read 10377 times)

newbie
Activity: 126
Merit: 0
August 30, 2018, 03:59:07 AM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.

I agree. The beta will be the most exciting part, hopefully we will be able to check it out.

Every beta should be open on the blockchain especially one like this where you would want peoples info to use in the app.

That is true, but I think beta should be tested internally first, and then make it open one
newbie
Activity: 266
Merit: 0
August 29, 2018, 05:12:41 PM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.

I agree. The beta will be the most exciting part, hopefully we will be able to check it out.

Every beta should be open on the blockchain especially one like this where you would want peoples info to use in the app.

Well that's the main thing about blockchakn, transparency, so everything needs to be open to achieve that.
newbie
Activity: 247
Merit: 0
August 29, 2018, 04:39:10 PM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.

I agree. The beta will be the most exciting part, hopefully we will be able to check it out.

Every beta should be open on the blockchain especially one like this where you would want peoples info to use in the app.
newbie
Activity: 266
Merit: 0
August 29, 2018, 02:01:21 PM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.

I agree. The beta will be the most exciting part, hopefully we will be able to check it out.
hero member
Activity: 2744
Merit: 588
August 29, 2018, 01:57:40 PM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.

So, how far is this project in terms of their development plans?
Once this is up and running, you will face another challenge.
The challenge of getting your audience or consumers that will utilize your platform.
But, it seems that you already handle that part just by checking your partners on this project.
And the fact that you are tapping a multi-billion dollar industry.
It's like, I'm sold with this project. Good luck!
newbie
Activity: 238
Merit: 0
August 29, 2018, 01:47:44 PM
What do the founders earn from Everest,what will be your profit from all this?

The highest gains will come from seeing this project actualy working.
As for the financial part, there is the team remuneration part.
newbie
Activity: 39
Merit: 0
August 29, 2018, 01:47:21 PM
Is  beta only be available for  big investors?

Well i guess it depends whether it will be the open one or not.But its not a bad idea,to give big investors some early access.
newbie
Activity: 238
Merit: 0
August 29, 2018, 01:46:18 PM
How long are the Team and partner tokens locked?
Yes, there are the following lock-ups / vesting periods for Everest tokens:
·      2 years for tokens reserved for the Company (25% immediately after 6 month lock-up; remaining 75% vests monthly in equal amounts over the next 18 months)
·      1 year for Seed round participants (25% immediately; remaining 75% vests 25% quarterly over the next 9 months following 3 month lock-up) .
·      3-month lock-up for Pre-Sale participants (100% immediately following lock-up)
newbie
Activity: 66
Merit: 0
August 29, 2018, 01:44:49 PM
What do the founders earn from Everest,what will be your profit from all this?
newbie
Activity: 210
Merit: 0
August 29, 2018, 01:40:29 PM
How long are the Team and partner tokens locked?
newbie
Activity: 50
Merit: 0
August 29, 2018, 01:36:51 PM
For KYC, is government issued ID enough? Asking because I want to join the sale.

KYC requirements will be announced in due time for the event.

I sure hope you wont ask for proof of residence,that thing is annoying
newbie
Activity: 112
Merit: 0
August 29, 2018, 01:31:29 PM
Is  beta only be available for  big investors?
newbie
Activity: 112
Merit: 0
August 29, 2018, 01:03:54 PM
Wonderful project with great idea.Some notable members in the team and nice list of advisors was what I was able to notice at first glance.
newbie
Activity: 238
Merit: 0
August 29, 2018, 12:52:09 PM
For KYC, is government issued ID enough? Asking because I want to join the sale.

KYC requirements will be announced in due time for the event.
member
Activity: 280
Merit: 11
August 29, 2018, 11:57:59 AM
I wonder how the community reacted to the initial name change?
Everest is more than just user ID verification, and wants the name to reflect this. There seems to be a general understanding and positive feedback from the community about the approach.

What is the amount of tokens prepared for the bounty pool?
There are 7,000,000 IDs reserved for the Bounty campaign

Hey. Tell us please what structure of bonuses do you have for investors and is there anyway?
The seed round had a 50% discount (2M raised), then in a tiered structure there will be a 30%, 20% and 15% discount for the pre sale which is open for participants. The tier structure discount depends on the time of investment and how much has been raised so far. 20M is the goal to be met during these sale rounds.

You can sign up for the pre sale at the bottom of the website https://everest.org  Cool

Is the minimum investment for each round the same?


We're unable to comment on other rounds, at this point, however, when the time is right, we'll announce.

When does the next round actually start?

We will announce that with due time for pretty much eveyone to be prepared for it

Should we expect that here or on telegram?

Most probably on multiple media.

Projects should be equally active on all social media because you can't count on everybody following the same communication channels.

That is true, you really have to cover all popular ones like twitter Facebook, reddit and btctalk
newbie
Activity: 182
Merit: 0
August 29, 2018, 11:55:16 AM
Who do you consider to be your main competition?


Stellar Lumens, SelfKey, OmiseGo, Ripple, and Sovrin
EVEREST has many competitors and relatively strong competitors. What strengths will the project take to win this competition?


Cash Transfer: 100% validation of money sent to biometrically verified users.
Remittance: easy, cost-effective way for banks to offer money transfer services.
Micro-finance: full solution to lend money to the billions of people and SMEs.
Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices.
Medical records: manage documents hosted in the cloud or device, track healthcare for all.
Land: combine titles, GPS coordinates, and identities to bank and secure land.
ID verification: verify identities for value exchange with integrated KYC/AML."

All this implies that Everest will have to have a deal with some bank right?

I wanted to get back to this one : Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices

How do you plan to service people without the devices?

It utilizes biometric identity and an immutable ledger that allows the seamless exchange of value between governments, banks, NGOs, insurance companies, hospitals, and other organizations. It reduces fraud and leakage. It makes identity verification at scale more cost-effective than ever before. 

Users receive social and economic benefits from their digital identity. No device is needed to access these benefits. An inclusive and secure identity means seamless value transfer and access to global economic services such as banking, credit, and insurance.


But you would need some kind of device in order to confirm your biometric identity... so you would still need a device, right?

You gotta have a biometric reader.

that means you would definitely need some kind of device.
newbie
Activity: 124
Merit: 0
August 29, 2018, 11:48:39 AM
For KYC, is government issued ID enough? Asking because I want to join the sale.
member
Activity: 392
Merit: 12
August 29, 2018, 11:35:22 AM
Where exactly is your company headquarters and how many people work there at the moment?
newbie
Activity: 168
Merit: 0
August 29, 2018, 05:50:10 AM
Who do you consider to be your main competition?


Stellar Lumens, SelfKey, OmiseGo, Ripple, and Sovrin
EVEREST has many competitors and relatively strong competitors. What strengths will the project take to win this competition?


Cash Transfer: 100% validation of money sent to biometrically verified users.
Remittance: easy, cost-effective way for banks to offer money transfer services.
Micro-finance: full solution to lend money to the billions of people and SMEs.
Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices.
Medical records: manage documents hosted in the cloud or device, track healthcare for all.
Land: combine titles, GPS coordinates, and identities to bank and secure land.
ID verification: verify identities for value exchange with integrated KYC/AML."

All this implies that Everest will have to have a deal with some bank right?

I wanted to get back to this one : Micro-insurance: collect documents, biometrically sign contracts to serve billions of users with or without devices

How do you plan to service people without the devices?

It utilizes biometric identity and an immutable ledger that allows the seamless exchange of value between governments, banks, NGOs, insurance companies, hospitals, and other organizations. It reduces fraud and leakage. It makes identity verification at scale more cost-effective than ever before. 

Users receive social and economic benefits from their digital identity. No device is needed to access these benefits. An inclusive and secure identity means seamless value transfer and access to global economic services such as banking, credit, and insurance.


But you would need some kind of device in order to confirm your biometric identity... so you would still need a device, right?

You gotta have a biometric reader.
jr. member
Activity: 266
Merit: 5
August 29, 2018, 04:16:39 AM
I wonder how the community reacted to the initial name change?
Everest is more than just user ID verification, and wants the name to reflect this. There seems to be a general understanding and positive feedback from the community about the approach.

What is the amount of tokens prepared for the bounty pool?
There are 7,000,000 IDs reserved for the Bounty campaign

Hey. Tell us please what structure of bonuses do you have for investors and is there anyway?
The seed round had a 50% discount (2M raised), then in a tiered structure there will be a 30%, 20% and 15% discount for the pre sale which is open for participants. The tier structure discount depends on the time of investment and how much has been raised so far. 20M is the goal to be met during these sale rounds.

You can sign up for the pre sale at the bottom of the website https://everest.org  Cool

Is the minimum investment for each round the same?


We're unable to comment on other rounds, at this point, however, when the time is right, we'll announce.

When does the next round actually start?

We will announce that with due time for pretty much eveyone to be prepared for it

Should we expect that here or on telegram?

Most probably on multiple media.

Projects should be equally active on all social media because you can't count on everybody following the same communication channels.
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