[ANN][MDN] Meridian Ⓜ️ | DIGITAL COLLATERAL | Bitcoin Loans Platform (MLP) - page 25.

schiz

newbie

Activity: 5

Merit: 0

Quote from: btcbringer on November 12, 2017, 10:13:42 AM

Quote from: antagonist on November 12, 2017, 09:48:06 AM

Quote from: bumbazaka on November 12, 2017, 07:39:27 AM

It is very sad. The project has collected only 44btc Huh

I do not understand what will be in the future

I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here

Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this

For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

I suggest you take a look at confido, 44btc is quite a lot for what they want to do I Guess. But there is no info on what they will do to unsold token?

bumbazaka

full member

Activity: 462

Merit: 100

Quote from: antagonist on November 12, 2017, 09:48:06 AM

Quote from: bumbazaka on November 12, 2017, 07:39:27 AM

It is very sad. The project has collected only 44btc Huh

I do not understand what will be in the future

I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here

Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this

For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website

I think they can not develop this project with 300-500k usd. Marketing is very expensive today and developing too. I hope all will be ok, but I do not know.

scattypatty

member

Activity: 124

Merit: 10

Quote from: Baiazid on November 13, 2017, 09:02:17 AM

Quote from: scattypatty on November 13, 2017, 08:49:07 AM

With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.

They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced.

You think they have spent half a million on those things already? A website and a promo video? Smart devs understand they must be cautious with spending. If you think they need more money then the project will fail, many other coins continue without funding at all, and they still make a lot of money when their token rises in value.

reputation

full member

Activity: 242

Merit: 100

Quote from: Baiazid on November 13, 2017, 09:02:17 AM

Quote from: scattypatty on November 13, 2017, 08:49:07 AM

With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.

They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced.

Yes, raising money beyond ico is another way to continue this project as long as the dev team can make something real, it will be easier to convince angel investors

Baiazid

full member

Activity: 140

Merit: 100

Quo Vadis

Quote from: scattypatty on November 13, 2017, 08:49:07 AM

With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.

They probably invested before the ico begining a big amount in marketing,videos,graphic design, website creation and the amount they raised so far is not enough to cover the expenses so what are you talking about? I think they need at least 500k to continue the work. Maybe they will find some angel investors too because the project is very good and the team seem to be experienced.

scattypatty

member

Activity: 124

Merit: 10

With the 40+ BTC raised already I am sure that will keep the project alive and growing for a good year or two, after that they can sell a small portion of MDN holdings to keep the project alive while the value grows, then everyone is happy. Could take some time for developments and MDN to be established though.

btcbringer

full member

Activity: 252

Merit: 101

Quote from: Alohaboy?! on November 13, 2017, 02:51:45 AM

Quote from: o48o on November 12, 2017, 05:41:30 PM

Quote from: antagonist on November 12, 2017, 11:20:51 AM

Quote from: btcbringer on November 12, 2017, 10:13:42 AM

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have

so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect

for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have

if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business

This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product.

I agree here. The amount of money is quite large compared to a traditional startup funding. If the project is a success they will have enough funding later by selling their tokens

But blockchain is not a traditional business, and the market is not as it used to be, $320k is not enough to start a loan business indeed, i guess the team must have to collect money with other way if they plan to do a long work

Alohaboy?!

hero member

Activity: 1050

Merit: 506

Quote from: o48o on November 12, 2017, 05:41:30 PM

Quote from: antagonist on November 12, 2017, 11:20:51 AM

Quote from: btcbringer on November 12, 2017, 10:13:42 AM

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have

so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect

for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have

if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business

This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product.

I agree here. The amount of money is quite large compared to a traditional startup funding. If the project is a success they will have enough funding later by selling their tokens

tucanamiranda

newbie

Activity: 46

Merit: 0

why do you need blockchain for this project?

o48o

legendary

Activity: 2884

Merit: 1137

Leading Crypto Sports Betting & Casino Platform

Quote from: antagonist on November 12, 2017, 11:20:51 AM

Quote from: btcbringer on November 12, 2017, 10:13:42 AM

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have

so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect

for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have

if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business

This is so true, i am guessing people are getting blinded on how much money have icos done in the past, and how much $320k actually is compared to "real world" projects when even solid projects have a hard time getting any backing for their product.

BeEvil

full member

Activity: 406

Merit: 131

Quote from: antagonist on November 12, 2017, 11:20:51 AM

i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have

so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect

for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have

if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business

I support what you say. This is an interesting project, and even if we say that he collected "only 44 btc" - then this is quite enough to start some kind of activity, given that there is no softcap if i correctly understood. After all, these 44 btc are not the money of creditors who stand above the soul - but the money of people who believe that this project will turn into something more than just an idea.

antagonist

full member

Activity: 211

Merit: 100

Quote from: btcbringer on November 12, 2017, 10:13:42 AM

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

i see all the time people confuse in brain that ico is business this is not it. ico is for raise fund only to launch business. as i know today this business is only in starting up stages. where i am from you cannot go inside of bank and get quarter millions loan for start up idea that you have

so this one is mega huge huge above average funding in real business world for start up stages business. i can use html and php tool to create loan website in one day with less than 4 thousands dollar so this is not require of such huge invest. main requirement is monies to lend to peoples this one i can see is main objective since only they state to deliver btc loans and only this one they collect

for this loan purpose i think they collect more than enough of it because they state to only deliver max thousand dollar loan to one person, for this they have more than 300x that sums, then you place interest profit that they will collect and even larger sum they have

if one month they loan only to 10 peoples only they exhaust 10 thousands dollar only 3.3% of fund they collect, like this one maybe they have here good idea for business

btcbringer

full member

Activity: 252

Merit: 101

Quote from: antagonist on November 12, 2017, 09:48:06 AM

Quote from: bumbazaka on November 12, 2017, 07:39:27 AM

It is very sad. The project has collected only 44btc Huh

I do not understand what will be in the future

I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here

Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this

For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website

maybe you are right, 44btc is valuable enough for one person, but its still very little compare with other ico, and i wonder these money cant afford the team work for long

antagonist

full member

Activity: 211

Merit: 100

Quote from: bumbazaka on November 12, 2017, 07:39:27 AM

It is very sad. The project has collected only 44btc Huh

I do not understand what will be in the future

I do not agree that this is sad. Even if 4 Bitcoin collect that is 24 thousand dollar HUGE amount as investment into just a idea. 200 thousand is mega mega collection of money for these peoples here

Just imagine they start with 0 and today they are having more than quarter million dollar to play with it. I dont know I think that they have good idea here but i know many developer with html and php on odesk can build loan website with less than 5 thousand dollar. in my personal opinion i think they collect even more than needed to build something like this

For loan website penetration test is most important thing. something like this need own specific algo so that function is different from normal website

bumbazaka

full member

Activity: 462

Merit: 100

It is very sad. The project has collected only 44btc Huh

I do not understand what will be in the future

btcbringer

full member

Activity: 252

Merit: 101

Quote from: swordsproton on November 10, 2017, 04:01:04 PM

what will happen if soft cap is not reached?

there is no soft cap for this project, so no matter how much the ico raised, the ico will not refund, but i wonder whether the project can continue without enough money

malibubaby

full member

Activity: 546

Merit: 107

Quote from: ?? on ??

Where to buy tokens?

Hi swimsec, you can register here and buy MDN tokens. Thank you
https://ico.mymdn.io

swordsproton

newbie

Activity: 46

Merit: 0

what will happen if soft cap is not reached?

saugwurm

hero member

Activity: 1061

Merit: 551

Quote from: bumbazaka on November 08, 2017, 06:38:29 AM

And what does it mean "switch from SHA256 to ERC20"?

A SHA256 Coin needs an own wallet and synced Blockchain, ERC20 runs on top of Ethereum and you will only need a Ethereum adress which you can access via Myetherwallet

bumbazaka

full member

Activity: 462

Merit: 100

When will the ico be ended after extending?
And what does it mean "switch from SHA256 to ERC20"?

Topic: [ANN][MDN] Meridian Ⓜ️ | DIGITAL COLLATERAL | Bitcoin Loans Platform (MLP) - page 25. (Read 12798 times)