Topic: [ANN][PRE-SALE] MEERKAT - A utility token designed for local merchants - page 4. (Read 690 times)

If there is no bounty campaign, the only way to get your tokens is to invest? Oh, my God
there are indeed projects that don't have a prize campaign but sales reach hardcap, but in my opinion it's rare

Hello,

Thank you for your offer. Our Spain based Marketing Department will evaluate the offers and get in touch with you soon !

Best,

Meerkat Team

IMPORTANT !

Please do not send us schill offers in PM.

We do not and will never have a bounty program. Neither we will have Airdrops.

Investor protection is first.

We wont throw free Tokens all over the place to decrease its value in return for some fake hype.

If you have an offer you may post it under the official thread so our marketing can see it.

Thank you for understanding ! 

Hello, And thank you for your application. Allow me to pass your details to our Marketing department. As far as I know the romanian translation is still suitable.

Regarding your concern I would like to reflect shortly. The economical cycle is this: 16% of Tokens will be owned by Merchants (merchant private sale starts along with the public sale). Thats a big chunk of the total supply already. Merchants are directly incentivized to hold their Tokens. Which they obviously will as demand goeas up. Thats the easy scenario. We work for this of course.

However we have to be preapared for price corrections and this topic has to be addressed correctly. For example these days people do buy the rumors and sell the news. So you have to be prepared that if you come out with a new exchange listing news that can drive the price down instead of increasing it. Happens in crypto. All right. But merchants have to know about this they have to be informed how our community works and reacts to certain things. This is why crypto could be scarry to general businesses. They dont even understand the hectic price actions. Someone has to explain them honestly.

In short we know our business and we know our financial limits. We accept high-class merchants only meaning that they have to be in their field for at least 5 years and we have a longer list of metrics where we evaluate our partnerts anyway. Obviously the higher the income of a merchant the less likely that it will sell Tokens for less then what they bought it for. Also most of our merchants have some investment strategy on their own. Most of them are actually pretty familiar with the stock market. These merchants wont panic in case of a dip. But on the other hand we have to show confidence in our project buy making a contractual promise that if nooone else is willing to buy their Tokens, at least the issuer will.

Again price volatility is something that we are used to in crypto. Most of the general businesses wont accept it. They will gladly accept an increasing value but not the decrease. I mean they wont tolerate a -10% dip in one day thats for sure. So we can decide whether to face this and say I am confident and you can count on me. Or we wont make it through to mass adoption.

Hello,



I still don't know if your economical model is feasible in the lung run, but I am willing to bet my time on your project...

I would like to register myself for a Romanian translation (if it helps your team).




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Also I got to forgot that I have opened the excel sheet Travala provides about actual destinations. There are like a hundred addresses yet all of them are in Vietnam. Sure its a nice place but can be challenging to operate from there. Just wanted to bring your attention on that weird fact. Allthough it could be as legit as ours. 

Hi there! Thanks for dedicating your very first comment to us. Assuming youre not working for a competitive project there is no secret I can tell you. Because there is no secret in our token economics. Our company the Have Fun Corporation is basically a tourist guide and advertisement services agency.

To keep it short with concrete numbers a usual merchant pays roughly 3000 USD per month for our advertising spaces both in our quarterly magazine and downloadable app. So as you can imagine we make a reasonable income on merchant contracts. Therefore we are not worried to buy back our tokens if necessary. As it is emphasized in the whitepaper our business model is based on the idea that price volaitlity can not be a problem for a merchant. Otherwise they just refuse to accept crypto and thats it. Volatility is a real barrier for crypto and it has to be address honestly for businesses. Hopefully our project can contribute to that. 

Hello,

I like the concept as I am deeply involved in the industry myself. Happy to see more projects targeting the masses of tourists with such tech. However I have a brief question about the FIAT exchange for merchants. As i understand you basically buy their tokens back in case of a price decline? Isnt it a high risk for the firm ? I mean I understand that youre willing to eliminate volatility but am trying to understand the economics behind it.

Hi there thank you so much for being here. Yes it is still available. Let me pass on your details to our Marketing department to get back to you the soonest.

Also thank you for your questions about the starter countries. These are:

Spain and Hungary.

Both countries are already available for consumers to utlitze their Meerkat Tokens.

The upcoming countries are: Italy and Austria.

These will be available for Meerkat users by the end of September.

For your information Meerkat Tokens Acceptance Points will be available only in the geographical area of the European Union. American and Asian branches wont be live before 2019 Q3. 

Hi there and thank you so much for your support in advance. I will forward your mesage to our Marketing Department in Spain. They will get in touch with you as soon as possible.

Also feeel free to ask un in the meantime here or join our Telegram group to chat live ! 

Hi and thank you so much for being here. In fact we storngly believe in multicultural tourism being the key for mass crypto adoption.

I have checked the Travala website and whitepaper. I generally encourage every project that is trying to utilize the potential in tourism. However it has very littel to do with our project. Sure we have accomodation partners but it is not the core of our business. Local merchants are more of a target (restaurants, cafeterias etc.).

Travala seems to compete with Booking and similar giants. I dont say it is impossible to beat them with the blockchain but a booking site is much harder to operate under decentralized conditions. Anyway I hope then can succeed with their approach. Any legit project can help at this point. 

i would like to reserve for Indonesian translation if available please PM me

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since the token is designed for local merchants, i want to ask if the ico is success on which country that the project run first?

Thank you so much we highly appreciate your listing !  We will be in touch soon for sure !

All the best to the Trackico Team !!

Thank you so much ! The Have Fun Customer Support will get in touch with you soon. Until then fell free to join our telegram group so we can chat live ! 

Interesting -- tourism and blockchain!

Have you heard about NEO based Travala?
How is Meerkat different from Travala?

Hello,

Meerkat has been listed on TrackICO: https://www.trackico.io/ico/meerkat/.

Feel free to contact us via https://www.trackico.io/contact/ if you have any questions.

I would like to reserve RUSSIAN translation if you need.
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or PM me

Reserved