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Topic: [ANN][LIVE] Aidcoin Bringing Nonprofits to Blockchain. Token for Charities - page 8. (Read 27274 times)

member
Activity: 74
Merit: 10
I think this is a solid vision and I like it, however I dont understand why there are only 40% of the coins availible for the public, while %10 are reserved for "advisors", I dont get the role of them really. As this is a charity coin, shouldnt it be rather shared with the community (even if its for sale) than to make the rich richer? Correct me if im wrong please. Just my first thought when I saw the token allocation.

Thanks for your positive comment on the vision. In regards to your point and to expand on what aysha9853 said, advisors have an invaluable role in the success of the ICO combined with their ability to open doors for partnerships and drive fast adoption amongst the crypto community; they are therefore fundamental to develop the project and pursue our vision.
member
Activity: 144
Merit: 10
The idea behind this project is very great, nonprofit cryptocurrency. I am ceryain that this project will be useful in the general public.
member
Activity: 74
Merit: 10
I don't know of any other charities working on anything similar. So you guys don't have any competition in this regard?

Competition is in the eyes of the beholder  Wink
We are not aware of anything similar but we would welcome healthy competition as a mean to achieve further innovation in the non-profit sector.
member
Activity: 74
Merit: 10
So ICO is postponed until the 16th, so there is still plenty of time to do the promotion, and if all goes smoothly hardcap will be achieved quickly, this project is very promising

Is this true? What was it postponed?

Sorry, I meant to ask 'Why was it postponed?'.

There has been a large amount of interest coming from all fronts and as we talk with institutional investors, we believe that by delaying the ICO, we can deliver the best value for early backers. With institutional investors and partner organizations joining the ICO, we aim to add fuel to AidCoin’s success. This is together with the ability to increase our marketing effort which will drastically impact the ICO and provide AidCoin with the tools to disrupt the charity sector.
sr. member
Activity: 795
Merit: 251
Where can I store Aidcoin on the web? Can I use myetherwallet? I know ICO is done on eidoo platform but i do not usually use smartphone app.
full member
Activity: 486
Merit: 100
I think this is a solid vision and I like it, however I dont understand why there are only 40% of the coins availible for the public, while %10 are reserved for "advisors", I dont get the role of them really. As this is a charity coin, shouldnt it be rather shared with the community (even if its for sale) than to make the rich richer? Correct me if im wrong please. Just my first thought when I saw the token allocation.
Team alone is not enough to make ALTcoin or a project last long, advisers are also needed even good advisors can be more influential than founders
full member
Activity: 238
Merit: 100
I think this is a solid vision and I like it, however I dont understand why there are only 40% of the coins availible for the public, while %10 are reserved for "advisors", I dont get the role of them really. As this is a charity coin, shouldnt it be rather shared with the community (even if its for sale) than to make the rich richer? Correct me if im wrong please. Just my first thought when I saw the token allocation.
full member
Activity: 476
Merit: 100
Why I just found the right project charity?
I think only this project is reliable. After seeing your ANN Thread, my heart is tapped by people who are not yet independent.
Will it support people all over the world or in certain countries?
I think you know the humanitarian crisis in the middle east Smiley

I really hope it won't be limited government interference.
hero member
Activity: 1470
Merit: 555
dont be greedy
Why I just found the right project charity?
I think only this project is reliable. After seeing your ANN Thread, my heart is tapped by people who are not yet independent.
Will it support people all over the world or in certain countries?
I think you know the humanitarian crisis in the middle east Smiley
full member
Activity: 486
Merit: 100
So it is positive that ICO will start next year, and not so on December 16th.
This further gives us signature participants a chance to collect more coins
sr. member
Activity: 770
Merit: 250
Can you think of any mistakes you guys have made that you have learned from since then?
member
Activity: 392
Merit: 10
I'm curious what sources you guys use for keeping up with trends, whether it be in the crypto space or charity related? I think a team is only as good as their information gathering abilities, so what sites do you guys use to keep up with trends?

I think this might be an underrated question. People dedicate their entire lives to trying to maximize getting the right knowledge at the right time. For me, I set up a series of Google search alerts. When I set them up, there's nothing much for the google search, but if I suspect in the future there will be something I want to know about for that exact search phrase I set it up. Sometimes it takes years, but when it does get on google I get an immediate email telling me something I wanted to know about is only a click away...
hero member
Activity: 630
Merit: 500
I'm curious what sources you guys use for keeping up with trends, whether it be in the crypto space or charity related? I think a team is only as good as their information gathering abilities, so what sites do you guys use to keep up with trends?
sr. member
Activity: 756
Merit: 250
What sort of growth rate do you expect for Aidcoin? Do you believe it will be the predominate form of charity donation eventually? How long until this becomes a reality?

Really need to know about this before I'll be able to invest.

It is clearly our aim and our vision to make AidCoin the preferred method to donate transparently through blockchain technology. We are developing a solution that really helps solving problems currently present in the non-profit sector, so we believe it will be adopted both from charities and donors.

Obviously blockchain technology and crypto in general are just at the beginning of their development and mass adoption will require time. However, we strongly believe that this will be the future, so being the first mover on this sector gives us a strong advantage.

That's a great argument for your own case. No estimates on the time frame for adoption though? It's really hard to tell in this field, so I can understand your hesitancy. This last year, in the crypto world, has felt like a decade in just about any other market.

Personally I think 2018 is when people really start to catch onto crypto. The last half of 2017 saw a whole lot of new people, and they're going to act as just a precursor wave of the tsunami that is mass adoption. They'll go tell all their friends, and then those friends will each tell 4 more.
full member
Activity: 476
Merit: 100
So ICO is postponed until the 16th, so there is still plenty of time to do the promotion, and if all goes smoothly hardcap will be achieved quickly, this project is very promising

Is this true? What was it postponed?

Sorry, I meant to ask 'Why was it postponed?'.
sr. member
Activity: 756
Merit: 250
What sort of growth rate do you expect for Aidcoin? Do you believe it will be the predominate form of charity donation eventually? How long until this becomes a reality?

Really need to know about this before I'll be able to invest.

It is clearly our aim and our vision to make AidCoin the preferred method to donate transparently through blockchain technology. We are developing a solution that really helps solving problems currently present in the non-profit sector, so we believe it will be adopted both from charities and donors.

Obviously blockchain technology and crypto in general are just at the beginning of their development and mass adoption will require time. However, we strongly believe that this will be the future, so being the first mover on this sector gives us a strong advantage.

That's a great argument for your own case. No estimates on the time frame for adoption though? It's really hard to tell in this field, so I can understand your hesitancy. This last year, in the crypto world, has felt like a decade in just about any other market.
sr. member
Activity: 770
Merit: 250
Do you guys have any patents?

Really curious about this, I think it's a great indicator of innovation.

Hi Celestio, we are not planning to file for patents at the moment.

 

Perfectly fine. Your idea in and of itself seems like plenty of innovation.
member
Activity: 392
Merit: 10
I don't know of any other charities working on anything similar. So you guys don't have any competition in this regard?
hero member
Activity: 630
Merit: 500
Will you be launching mobile apps for Aidcoin?

Yes the idea is to have both a website and a mobile app for the AIDChain platform.

That's good to hear, thanks for the answer.
full member
Activity: 476
Merit: 100
So ICO is postponed until the 16th, so there is still plenty of time to do the promotion, and if all goes smoothly hardcap will be achieved quickly, this project is very promising

Is this true? What was it postponed?
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