[ANN][MicroMoney] The New Global Crypto Economy - page 68.

Katashi

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Quote from: contradiction on November 15, 2017, 10:51:36 AM

As i see on their medium miss universe thailand is supporting micromoney. If you were ask what will the biggest impact of her support?

oh is it true? Well coming from a beauty queen but first i'd like to know her credentials? By the way where did you get this?

mongkie

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Quote from: RareFortune on November 15, 2017, 10:35:35 AM

Quote from: basesaw on November 15, 2017, 10:04:04 AM

Quote from: globalcitizen on November 15, 2017, 10:00:51 AM

MicroMoney whitepaper states as follows...

Quote

Token Distribution Structure

The MicroMoney Token distribution and the corresponding token creation process will be organized around smart contracts running on Ethereum.
Token name: AMM
Total TokenSupply: 60,000,000 AMM.
Tokens that are not sold during the Token Distribution will be destroyed.
Goals:
Minimum: $1 million. Maximum: $30 million.
If the Distribution campaign does not reach its minimal capital goal of $1 million, all funds will be returned automatically to the AMM holders by the Ethereum smart contract. Initial rate: Token price is locked to $1 per 1 AMM.

The minimum cap is $1M as shown above but the dev latter announced that the softcap has been reviewed upward to $10M. I am particularly happy that this cap is almost reached.

Thank you for the clarification that the dev brought back the soft cap to 10million usd.

Changing the $10M soft cap is just a marketing strategy but the real soft cap is $1M they can't easily changed this if the ICO is running because it is included on the smart-contract that once the soft cap is not reached all funds acquired will be refunded back to each contributor.

it is already written on thier whitepaper and smart contracts. isnt it illogical to have a 10million softcap for a microlending company? it willl be a huge scam if ever

rchstr

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Quote from: contradiction on November 15, 2017, 10:51:36 AM

As i see on their medium miss universe thailand is supporting micromoney. If you were ask what will the biggest impact of her support?

This is a good publication and a good hype for this project. As we know some celebrities are joining ICO's and were actually hyped and being sold out for a few days.

AndyGon

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Somebody send them 15 k$

, I can't see at this strange countdown. By the way they have a bonuses on deposit more than 10k$

contradiction

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As i see on their medium miss universe thailand is supporting micromoney. If you were ask what will the biggest impact of her support?

jets567

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Quote from: mongkie on November 15, 2017, 10:46:37 AM

Quote from: basesaw on November 15, 2017, 10:30:40 AM

Quote from: dev.samal84 on November 15, 2017, 10:13:55 AM

Quote from: akihiro101117 on November 15, 2017, 02:15:56 AM

Quote from: oneidentity on November 15, 2017, 01:20:39 AM

up to a mark of 10 million dollars remains very little. I am confident that we will pass this line. I wonder if it will be possible to reach 15 million for 2 days?

$10m dollars is a huge amount of money already and i dont think that MM will surpass 15m in 2 days. because if there are large investors, they may invest in the beginning of the ico to maximize their holdings.

They still have custom bonus if you are investing more than $10,000. So you never know. A couple of medium whales can be on the queue Cheesy

.

I thought there would be no special bonuses on a bulk orders as stated on FAQ. only earlybirds will get bonus.

it is considered imbalance if the total supply is 60m units and the hardcap is 30m usd if 1amm=1usd that will be 30m units only. i think the bonus for 10k token holders is justifiable and if it is a service token bonuses for partners is okay.

yeah agree on how you present your math dude it's quite convincing but maybe let's hear from him does he have a reliable source? Or it's just all assumption.

mongkie

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Quote from: jets567 on November 15, 2017, 10:43:41 AM

Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

good question you have there folk, it really wonders me too now. Glad you raise this up we all knoe U.S. are making those restrictions recently.

i think there is a law in united states that bans initial coin offerings like what is happening now in china due to tremendorous times of scams and fraud related to ico

Daisuke

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Quote from: basesaw on November 15, 2017, 10:44:51 AM

Quote from: rchstr on November 15, 2017, 10:42:45 AM

Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

I think all countries was accepted except from US citizens.

Thank you for your kind answer. What if this ICO doesnt reached the soft cap? what will happen to the funds of the investors?

If the soft cap was not reached all funds invested will be given back to the contributors.

jets567

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Quote from: basesaw on November 15, 2017, 10:44:51 AM

Quote from: rchstr on November 15, 2017, 10:42:45 AM

Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

I think all countries was accepted except from US citizens.

Thank you for your kind answer. What if this ICO doesnt reached the soft cap? what will happen to the funds of the investors?

why is it there's only restriction for U.S. Is this because of the complaints of US banking institutions?

mongkie

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Quote from: basesaw on November 15, 2017, 10:30:40 AM

Quote from: dev.samal84 on November 15, 2017, 10:13:55 AM

Quote from: akihiro101117 on November 15, 2017, 02:15:56 AM

Quote from: oneidentity on November 15, 2017, 01:20:39 AM

up to a mark of 10 million dollars remains very little. I am confident that we will pass this line. I wonder if it will be possible to reach 15 million for 2 days?

$10m dollars is a huge amount of money already and i dont think that MM will surpass 15m in 2 days. because if there are large investors, they may invest in the beginning of the ico to maximize their holdings.

They still have custom bonus if you are investing more than $10,000. So you never know. A couple of medium whales can be on the queue Cheesy

.

I thought there would be no special bonuses on a bulk orders as stated on FAQ. only earlybirds will get bonus.

it is considered imbalance if the total supply is 60m units and the hardcap is 30m usd if 1amm=1usd that will be 30m units only. i think the bonus for 10k token holders is justifiable and if it is a service token bonuses for partners is okay.

basesaw

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Quote from: rchstr on November 15, 2017, 10:42:45 AM

Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

I think all countries was accepted except from US citizens.

Thank you for your kind answer. What if this ICO doesnt reached the soft cap? what will happen to the funds of the investors?

jets567

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Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

good question you have there folk, it really wonders me too now. Glad you raise this up we all knoe U.S. are making those restrictions recently.

rchstr

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Quote from: basesaw on November 15, 2017, 10:39:27 AM

BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

I think all countries was accepted except from US citizens.

Katashi

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Quote from: Daisuke on November 15, 2017, 10:34:52 AM

Quote from: thelastman on November 15, 2017, 10:31:02 AM

the idea is very smart, your purpose is supply loan for the people who did not have a bank acount!
but i sorry that i still can not understand how your can do that by this blockchain!

By buying AMM tokens you will have an access to credit histories, analytics and Big Data from micromoney credit bureau.

precisely, but i guess you need first to understood how it works.go check their blogs at medium. You can check FAQ and the other articles there which i believe will make you understand more about AMM.

contradiction

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Quote from: jets567 on November 15, 2017, 10:31:28 AM

Quote from: contradiction on November 15, 2017, 10:23:23 AM

Quote from: rchstr on November 15, 2017, 10:09:11 AM

Quote from: contradiction on November 15, 2017, 10:06:43 AM

That's good we need to help each other no hesitate about that, but sometimes we need to argue in order to correct our misunderstanding issues.

This is not the right place to argue. If you are not trusting some informations given by the posters here in the thread you can search it yourself in google.

That's not my point sir, for me also this is not the right time to argue but when i thought that this an argument then i will protect my rights. And also sorry for this one

i got your point, well there's no need to be sorry for this. As you say it's your right, i suggest keep posting and exploring. hope you learn more from this forum.

Thank you sir @jets567 i've learned a lot in this ICO. I will keep posting and learning from updates here.

basesaw

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BTW, is there some resctriction for US citizens and other countries that restricted their citizens to join an ICO?

rchstr

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Quote from: RareFortune on November 15, 2017, 10:35:35 AM

Quote from: basesaw on November 15, 2017, 10:04:04 AM

Quote from: globalcitizen on November 15, 2017, 10:00:51 AM

MicroMoney whitepaper states as follows...

Quote

Token Distribution Structure

The MicroMoney Token distribution and the corresponding token creation process will be organized around smart contracts running on Ethereum.
Token name: AMM
Total TokenSupply: 60,000,000 AMM.
Tokens that are not sold during the Token Distribution will be destroyed.
Goals:
Minimum: $1 million. Maximum: $30 million.
If the Distribution campaign does not reach its minimal capital goal of $1 million, all funds will be returned automatically to the AMM holders by the Ethereum smart contract. Initial rate: Token price is locked to $1 per 1 AMM.

The minimum cap is $1M as shown above but the dev latter announced that the softcap has been reviewed upward to $10M. I am particularly happy that this cap is almost reached.

Thank you for the clarification that the dev brought back the soft cap to 10million usd.

Changing the $10M soft cap is just a marketing strategy but the real soft cap is $1M they can't easily changed this if the ICO is running because it is included on the smart-contract that once the soft cap is not reached all funds acquired will be refunded back to each contributor.

I have already seen their smart contract on etherscan which is not yet fixed. I dont know if it was the right address but you can check this on this link: https://etherscan.io/token/0xa5c151482ef464f607207e3fbd902fa46bb77cdb#readContract

RareFortune

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Quote from: basesaw on November 15, 2017, 10:04:04 AM

Quote from: globalcitizen on November 15, 2017, 10:00:51 AM

MicroMoney whitepaper states as follows...

Quote

Token Distribution Structure

The MicroMoney Token distribution and the corresponding token creation process will be organized around smart contracts running on Ethereum.
Token name: AMM
Total TokenSupply: 60,000,000 AMM.
Tokens that are not sold during the Token Distribution will be destroyed.
Goals:
Minimum: $1 million. Maximum: $30 million.
If the Distribution campaign does not reach its minimal capital goal of $1 million, all funds will be returned automatically to the AMM holders by the Ethereum smart contract. Initial rate: Token price is locked to $1 per 1 AMM.

The minimum cap is $1M as shown above but the dev latter announced that the softcap has been reviewed upward to $10M. I am particularly happy that this cap is almost reached.

Thank you for the clarification that the dev brought back the soft cap to 10million usd.

Changing the $10M soft cap is just a marketing strategy but the real soft cap is $1M they can't easily changed this if the ICO is running because it is included on the smart-contract that once the soft cap is not reached all funds acquired will be refunded back to each contributor.

jets567

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Quote from: thelastman on November 15, 2017, 10:31:02 AM

the idea is very smart, your purpose is supply loan for the people who did not have a bank acount!
but i sorry that i still can not understand how your can do that by this blockchain!

i suggest you check the white paper first, if it's too broad for you they have a FAQ section on their medium blog. It's a lot easier to understand i believe.

Daisuke

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Quote from: thelastman on November 15, 2017, 10:31:02 AM

the idea is very smart, your purpose is supply loan for the people who did not have a bank acount!
but i sorry that i still can not understand how your can do that by this blockchain!

By buying AMM tokens you will have an access to credit histories, analytics and Big Data from micromoney credit bureau.

Topic: [ANN][MicroMoney] The New Global Crypto Economy - page 68. (Read 55011 times)