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Topic: [ANN][ID] EVEREST - Elevating Humanity - page 53. (Read 10406 times)

newbie
Activity: 219
Merit: 0
August 23, 2018, 01:53:17 AM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18

Is there only going to be a presale? Why is it called a presale then?

I guess because minimum set is abit higher than its normal for crowdsale,so kinda make more sense to call it private/pre-sale
newbie
Activity: 50
Merit: 0
August 23, 2018, 01:41:49 AM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?


The unsold tokens will be included into  our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.


To me that always made more sense, but other projects burn them for some reason.

There were some misuse cases in the past,so now most teams opt for burning.But if its eveythiong done transparently,no need to burn them really,as you can use them for so many things later on.
newbie
Activity: 266
Merit: 0
August 22, 2018, 03:02:46 PM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?


The unsold tokens will be included into  our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.


To me that always made more sense, but other projects burn them for some reason.
newbie
Activity: 238
Merit: 0
August 22, 2018, 01:35:37 PM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?


The unsold tokens will be included into  our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.
newbie
Activity: 175
Merit: 0
August 22, 2018, 01:25:12 PM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?


The unsold tokens will be included into  our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.
newbie
Activity: 238
Merit: 0
August 22, 2018, 01:06:21 PM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?


The unsold tokens will be included into  our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.
full member
Activity: 336
Merit: 100
August 22, 2018, 01:03:59 PM
Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?
newbie
Activity: 238
Merit: 0
August 22, 2018, 12:19:55 PM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18

Is there only going to be a presale? Why is it called a presale then?

There will be one (presale). More details to follow.
newbie
Activity: 266
Merit: 0
August 22, 2018, 12:16:21 PM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18

Is there only going to be a presale? Why is it called a presale then?
newbie
Activity: 238
Merit: 0
August 22, 2018, 11:57:50 AM
How does EverID govern the data of users to prevent misuse by their 3rd party clients?Can you please explain that part abit more?



We use smart contracts that allow users to control what data, and for how long they provide information to 3rd parties. That information will only be available to said 3rd parties through their Everest API for the amount of time specified in the smartcontract and will no longer be available through the API after the specified time period has expired.
newbie
Activity: 238
Merit: 0
August 22, 2018, 11:37:45 AM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18

How is presale going so far,if you can sahre that info,after first week?

We will release the presale data, just not at this exact point. Smiley
newbie
Activity: 131
Merit: 0
August 22, 2018, 10:44:07 AM
How does EverID govern the data of users to prevent misuse by their 3rd party clients?Can you please explain that part abit more?
jr. member
Activity: 238
Merit: 1
August 22, 2018, 10:28:30 AM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18

How is presale going so far,if you can sahre that info,after first week?
newbie
Activity: 238
Merit: 0
August 22, 2018, 10:23:25 AM
Since there will be only the presale from what I've read, when do you plan the token generation event?

Here are the pre sale dates - 08/13/18 - 10/12/18
newbie
Activity: 238
Merit: 0
August 22, 2018, 10:22:20 AM
Not a bad idea. But is there really a need for developing your own wallet?
Yes there is, the wallet will also serve as a one stop solution for all of your personal identity storage and you can easily access them
newbie
Activity: 238
Merit: 0
August 22, 2018, 10:15:18 AM
Can you give us a structure of what will the funds from sale be used for and amounts?

Use of funds:

1. Customer
Acquisition
7%
2. Infrastructure
29%
3. Engineering
& Integrations
20%
6. Regional
Rollouts
10%
5. Sales &
Marketing
15%
4. Legal,
Licenses, Ops 19%

Are those fixed amounts, I mean no matte how much you raised?

Yes those are fixed percentage irrespective of the total amount raised
newbie
Activity: 160
Merit: 0
August 22, 2018, 10:11:00 AM
Since there will be only the presale from what I've read, when do you plan the token generation event?
newbie
Activity: 69
Merit: 0
August 22, 2018, 10:01:13 AM
Not a bad idea. But is there really a need for developing your own wallet?
newbie
Activity: 210
Merit: 0
August 22, 2018, 09:59:18 AM
I have good feeling that this project have good future, good luck for everyone on this project and i hope it can be good project is a great idea!
newbie
Activity: 44
Merit: 0
August 22, 2018, 07:46:45 AM
Can you give us a structure of what will the funds from sale be used for and amounts?

Use of funds:

1. Customer
Acquisition
7%
2. Infrastructure
29%
3. Engineering
& Integrations
20%
6. Regional
Rollouts
10%
5. Sales &
Marketing
15%
4. Legal,
Licenses, Ops 19%

Are those fixed amounts, I mean no matte how much you raised?
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