Topic: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex - page 226. (Read 491330 times)
September 25, 2016, 07:14:12 AM
The Reserve isn't for the benefit of the devs and won't be run down over time. It's not a classic pre-mine. It's to ensure Incent can be remitted promptly to customers and is replenished as we go.
September 25, 2016, 02:39:13 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Your coins can be mined?? Your coins are distributed on waves platform, how can it be mined?
Poor choice of phrase. Created and distributed. Forgive me... RW.
So Bitscan holds 33% of the total tokens distributed, isn't that alot?
The fact that it would be commercial suicide. As primary broker we need a reserve to deliver the service. In delivering that service our business aims are aligned with all other participants.
In recognition of the trust that this demands of us as the guarantor of this eco-system we have stated that any profit derived from market-making operations will be shared with all holders of Incent in the form of a bi-monthly dividend.
September 25, 2016, 02:21:04 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Your coins can be mined?? Your coins are distributed on waves platform, how can it be mined?
Poor choice of phrase. Created and distributed. Forgive me... RW.
So Bitscan holds 33% of the total tokens distributed, isn't that alot?
September 25, 2016, 02:18:41 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Your coins can be mined?? Your coins are distributed on waves platform, how can it be mined?
Poor choice of phrase. Created and distributed. Forgive me... RW.
September 25, 2016, 02:15:23 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Your coins can be mined?? Your coins are distributed on waves platform, how can it be mined?
September 25, 2016, 02:12:31 AM
interesting idea!
1. do you have already signed contracts with merchants?
2. who will use and benefit from the collected data? Who knows and sells my sales pattern etc. and will take the money in ? Is this also redistributed to the token holders?
1. do you have already signed contracts with merchants?
2. who will use and benefit from the collected data? Who knows and sells my sales pattern etc. and will take the money in ? Is this also redistributed to the token holders?
September 25, 2016, 01:47:50 AM
If something were to happen with the waves blockchain that is detrimental is it possible to move this project onto another chain for same functionality ?
Absolutely, although it is not a decision that would be taken lightly. Beyond the alignment of commercial focus and the game changing functionality that will accompany it, our respective teams have painstakingly built an degree of cooperation and trust that would be difficult to quickly recreate elsewhere. The ideal of trust-less commerce should not obscure the paramount importance of trust in any meaningful commercial relationship. Incent lives at the application layer with our focus and expertise firmly fixed on merchants and consumers. The project would not be possible without a strong partner at the infrastructure layer - and we selected Waves not just because we believe their technology will be superior, but because I trust and respect their CEO, Sasha Ivanov, as a human-being.
September 25, 2016, 01:25:14 AM
If something were to happen with the waves blockchain that is detrimental is it possible to move this project onto another chain for same functionality ?
September 25, 2016, 12:58:28 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Sounds very thought out will keep asking questions if you dont mind I wanna make sure I do my homework before investing in this project I have never heard of. I see other projects out their with developers that have done ICO's regarding a great idea and have lost money with them. lots of it. I cannot risk betting on them again even if they have tons of supporters with cool logos for the project. For the first time going with a newer project that actually has been doing this outside of cryptos for many years makes more sense to me. As I research all the angles I will keep asking my concerns as supply of any coin is a pertinent question
Fella, what can I say. Incent may not be blow-your-socks mind bending at first glance but it does leverage blockchain to solve a real world commercial problem. Solving this problem will result in mainstream merchants paying to issue crypto to their mainstream customers - every time they transact. To put it another way, this project has the potential to materially help crypto 'across the adoption chasm'. And if you cannot get excited about that...!
Anyway, keep asking your questions. We are at your disposal.
RW.
September 25, 2016, 12:40:28 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
Sounds very thought out will keep asking questions if you dont mind I wanna make sure I do my homework before investing in this project I have never heard of. I see other projects out their (Cough Cough, Komodo, cough) with developers that have done ICO's regarding a great idea and have lost money with them. lots of it. I cannot risk betting on them again even if they have tons of supporters with cool logos for the project. For the first time going with a newer project that actually has been doing this outside of cryptos for many years makes more sense to me. As I research all the angles I will keep asking my concerns as supply of any coin is a pertinent question
September 25, 2016, 12:25:05 AM
Get some incent in viralexchange.
September 25, 2016, 12:17:21 AM
What will be the total supply of incent ?
Good question!
Total supply will be determined by the amount of Incent sold during our forthcoming ICO. On completion of the ICO, 2 x the amount of Incent sold will be mined into existence. This will be the total supply of Incent.
Half of this total will be distributed to ICO buyers. The other half will be held in reserve to facilitate execution of our Primary Brokerage function. In material terms this will guarantee market liquidity and stability. Specifically it will ensure:
1. Near instant settlement with consumers, on reward issuance and merchants, on redemption.
2. That all new demand is promptly fed into the secondary market, bringing circulation back into balance.
3. That the market can be supported at any time, to the advantage of all holders of Incent.
RW.
September 24, 2016, 11:13:23 PM
What will be the total supply of incent ?
September 24, 2016, 08:01:00 PM
Check out Waves latest weekly round-up https://youtu.be/8jDBUR9cDmU, featuring Incent...!
September 24, 2016, 07:48:16 PM
when start signature campaign
and open facebook campaign and twitter campaign or not
and open facebook campaign and twitter campaign or not
I see For social campaign they are use theviralexchange.com/ that good I think you can refister there and earn some Incent when Incent team make status on twitter or Facebook i guess
September 24, 2016, 07:47:18 PM
when start signature campaign
and open facebook campaign and twitter campaign or not
See post #2 for details: Signature campaign started already and social media bounty is live on theviralexchange.com. and open facebook campaign and twitter campaign or not
September 24, 2016, 07:46:44 PM
Dev - why would someone use incent instead of just directly using bitcoins?
which merchants have you already partnered with to use incent in point-of-sales?
which merchants have you already partnered with to use incent in point-of-sales?
Hi,
So to ensure instant gratification on the part of the consumer, we need initially to issue the reward value from a reserve, and then feed that demand impulse back into the market by buying Incent back out of circulation with BTC. Finally we replenish our reserve of BTC once cash settlement arrives from the merchant. This is our transaction cycle, which leaves the consumer with digital value, the secondary market with new demand for Incent and us made whole by the merchant issuer and ready to go again; rinse and repeat.
To your first point, Incent really starts to make sense as a reward if it appreciates in value over time. This is achieved through focusing the combined, ongoing, demand of merchant partners onto the secondary market of the asset which has no other significant economic forces acting on it. Were we to use bitcoin, there are too many other demand and supply impulses at play, to ensure that the demand of our merchant partners had the impact we would wish it too.
To your final point, I cannot provide you with specific partner names yet because nothing is inked-in and I do not want to compromise active conversations; I'm sure you appreciate this. What I can say is that commercial interest is significant here in Australia, in UK and the US, particularly with commercial entities seeking to build or protect an eco-system that binds in their commercial partners.
There's more info on the site and if you join our slack channel we can have a more detailed conversation. For the time being, thanks for your interest in our project.
RW.
September 24, 2016, 07:35:47 PM
when start signature campaign
and open facebook campaign and twitter campaign or not
and open facebook campaign and twitter campaign or not
September 24, 2016, 07:29:00 PM
Dev - why would someone use incent instead of just directly using bitcoins?
which merchants have you already partnered with to use incent in point-of-sales?
I am not sure if you fully understand Incent. Incent is not meant to be a competitor to Bitcoin since the concept is not about using Incent as mean of payment like bitcoin. Incent is a loyalty token which helps businesses to keep their customer base or even expand it. The use case is totally different. which merchants have you already partnered with to use incent in point-of-sales?
Currently, we haven't partnered with any business yet since we cannot sell an unready/unfunded product. However, we have several interested companies, feel free to find them on www.incentloyalty.com.
Yea I dont think he understands how it works, needs to do some research or just ask some questions here. Like I did, many good answers in the previous posts. or join slack http://incentinvites.herokuapp.com/
September 24, 2016, 07:23:55 PM
Dev - why would someone use incent instead of just directly using bitcoins?
which merchants have you already partnered with to use incent in point-of-sales?
Dev ? which merchants have you already partnered with to use incent in point-of-sales?
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