Topic: [ANN]Project proposal. ToGETher (Read 328 times)

Thank you very much for your feedback!
The project is at the very start of its development. We don't have a product today. But he will be in the future. We want to create a platform.

We are using a new smart contract!

Attention! Our project has released the final version of our smart contract! To join ToGETher use the address https://etherscan.io/address/0xc9a263cd8000b8e942ac2d7c3af073b645be4043!

Current contribution amount: 0.08 ETH.

Simplified instructions for interacting with our ETH smart contract!

https://docs.google.com/document/d/1vjzP_S3BN11eZQLTbxI3CD1UaDWUgkDXxwZtv85pN80/edit

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Dear friends!

Due to high fees on the ETH network, we decided to launch an alternative version of our smart contract on the TRON network.

https://tronscan.org/#/contract/TJLyaweS9LFv8aosjwwAa911yLf3C13RiZ

This smart contract completely repeats the logic of a smart contract published on the ETH network. The registration fee is only 500 TRX.

Details on how to interact with a smart contract can be found at the link below:

https://docs.google.com/document/d/17NeLN1C7vUw6MoEljLiU7U87cbPuXPkSKnnQl-WbeYQ/edit

Hello. Interesting idea

Our project is not a Ponzi scheme

According to some people, the tool that we have proposed for making money, namely our smart contract ToGETher Partner Program, may be nothing more than a pyramid scheme.

Ponzi schemes are fairly common in the modern world. They quickly gain popularity, and then quickly collapse, leaving behind only investors stuck at a loss. Only this in itself strongly contradicts the concept of the platform we proposed. We want to confront scammers, not join them. To dispel doubts, we offer you this article.

Let’s consider the main theses characterizing a typical financial pyramid:

-Ponzi don’t have their own product. Moreover, the very essence of the pyramid is to neutralize the need for the latter. The entire business model of such projects is built on the banal smearing of incoming funds between the current participants in order to create the illusion of profitability.

-There is no financial activity in Ponzi. The company does not make money in any way, does not create anything, but only collects money.

-Ponzi is a centralized system, headed by a person or a group of people who distribute funds through manual control or the use of easily modified scripts.

Now, let’s discuss ToGETher and our smart contract in particular.

-ToGETher does not have its own product, but this does not mean that our business model does not imply its availability. The popularity of our proposed smart contract will increase, including through the creation / development of our product. Namely, a crowdfunding platform. This is a direct relationship. Moreover, our smart contract is only a minor tool. One of many that will be offered to users in the future with the aim of providing them with opportunities for personal income and support of our crowdfunding platform.

-At this stage, our project cannot have financial activity, since its presence implies the availability of a workable product. But subsequent development makes the creation and scaling of such a product vital for our project. This is our top priority goal. In this case, our smart contract should be viewed as an investment model for a narrow circle of potential investors who can receive income limited only by their skills and knowledge through affiliate marketing. We do not offer money to everyone and effortlessly. To receive income with the ToGETher Partner Program, you need to work. For us, this is an unlimited investment round, without the need to issue a token, the value of which could only be backed up by the reputation of the current product. For YOU, it is a tool for unlimited time earnings, which is not affected in any way by the timing of the development of our idea. Benefit without dependence on the state of affairs within the project. After all, a smart contract will exist and work as long as the Ethereum blockchain exists.

-Our proposed smart contract is decentralized. The distribution of funds occurs automatically, according to the provisions described in the code, which cannot be influenced. The algorithm does not contain the functions necessary for such an influence, and we cannot add them, simply because the smart contract has already been published. The only function available to the authors of the code is to change the size of the entry fee, which is necessary in order to avoid situations in which, due to movements in the ETH rate, the entry price will be unreasonably high. Otherwise, the authors of the project, just like any other users, only receive the deductions described in the code. It is simply impossible to close a smart contract and deprive our users of the opportunity to receive income.

In conclusion, I would like to summarize all of the above. The ToGETher Partner Program is not a Ponzi scheme, but we cannot deny that such an impression does not come out of nowhere. The ToGETher project is just beginning its development and does not yet have a completed product, which is why some users may mistakenly equate our activities with financial pyramids. However, in the future, the line between the Ponzi model and our project will become more and more tangible and clear, which, of course, will have a positive impact on the popularity of ToGETher.

At this stage, the ToGETher Partner Program is nothing more than the first tool offered to our users for making money and part-time — our investment model necessary to raise funds for the next full launch of the project. We are confident that the idea we have proposed will find a response among many people, so we have no reason to refuse to implement it in the future.

Moreover, you can use our smart contract for crowdfunding right now! If you have an idea and want to raise funds for its implementation, then you can easily present it to the world by inviting people to become part of your structure in ToGETher! Thus, you will not only attract funding for your own project, but also immediately respond to your investors with the opportunity to derive unlimited benefit from the subsequent popularization of your idea and inviting new users to the project.

Summarizing the above, we confidently declare that the ToGETher Partner Program is not a Ponzi scheme, but an investment model, which at the same time is also the world’s first prototype of a DECENTRALIZED CROWDFUNDING PLATFORM that neutralizes any risks for investors.

https://togethers.club/our-project-is-not-a-ponzi-scheme/

Hello friends! We bring to your attention the WhitePaper of the ToGETher project!

Many of you know that our project is not just an affiliate program based on a smart contract. Our goal: Creation of an innovative crowdfunding platform.

What is innovative in our idea and how we plan to achieve this goal is described in detail in the document attached to the text!

Project WhitePaper. ENG:

https://docs.google.com/document/d/1ALdW30zw4ryiktQf1aEtU3-ADfljB5MDvqf1h8zLHMs/edit

White Paper of the ToGETher project.
RUS version: https://docs.google.com/document/d/1465EDzURxMza0Do4icBtI7LOXhiM0pUIWgeRCD-M25Y/edit

If you are not indifferent to the fate of the cryptocurrency market, just like the fate of your investments, support the project in any way convenient for you.

Many thanks! I really appreciate your support!

I'm not going to give up this project. I have been preparing it for over a year. I ponder every component of it.

I would be grateful to everyone who would invite other people to get acquainted with the idea. It is very important for me to get feedback from the community and get the majority opinion.

I think you have a very interesting idea. You speak competently and according to your words, it immediately becomes clear to me that you have pondered over your idea a lot and are ready to answer many questions about it.

I will follow the development and support you if you do not abandon the project. After all, ICO really needs to be controlled.

I can lie to you and say something encouraging. But I believe that people who are interested in my idea should understand the difficulties of its implementation. Having said those words, I flopped as a marketer.) But I hope to be honest, I can get a lot more feedback and advice than if I answered you with typical phrases and promised the moon).

To create a platform, funds are needed, which we intend to start attracting using a smart contract that allows users to earn money by inviting new investors. This is not an ordinary ICO, and the project itself is at the very start. I understand people who tell me about the need to declare the team, WP and site. I understand their requirements. And I agree with them. I work for an agency that offers its services to cryptocurrency projects. Therefore, I know from my own experience how weak startups can be and how many grandiose plans they make at this moment. But I will not be able to develop and provide a working platform at this stage, even without registering a company. This requires a team and developers, whose work must be paid. This is why we attract investments.

By "monetizing their skill" I mean creating opportunities with which ordinary users can earn. Personal blogs, communities. In addition, users will be able to offer their services to teams that want to attract investment and earn on it. If users are able to offer services that are needed by our platform, then we will, of course, use their offers and pay for their work. But to a greater extent, I mean that we will create an environment within which users can earn in the same ways that they earn on youtube or on their blogs. A developed community can always find one or several ways for itself to monetize its activities.


Regarding the question about specialists - I'm talking about people for the main group. If in order to work with cryptocurrency crowdfunding projects, we only need a community and internal norms, then in order to support fiat projects, we need jurisdiction, agreements and licenses. Our platform will need lawyers, marketers and programmers. I plan to involve a small group to work, which will expand as the project develops.

I like the goal and concept of the project, but it is too early to do any conclusions because it should be platform, but it can't be implemented without website. So in any case we should wait and see workable platform first. But as i said before idea is interesting and can help to many people who like to invest, i think there are many such people on this forum

There are several parts that I don't quite sure I get them correctly, I'll start work these ones. First, by monetizing their skill, does this means your member should contribute to certain degree of works to the platform? And by specialist, do you mean essential people to work as core team (web developer, translator, community manager, legal specialist, etc) or people with special skills referred in my previous question?

Many thanks!
Right now, I'll be focusing on WP, website building, and team engagement. I will not ask you to support the project with money. Support with tips and tricks. It is very important for me to know that the community is not indifferent to such initiatives.

I work for a marketing agency. And I have to deal with scammers very often. So I believe the community needs local control over crowdfunding campaigns. But what do you and the rest of the community think? This is exactly what I want to know now.

and this is a serious problem I would recommend OP to do this:

- search for team members here:

https://bitcointalk.org/index.php?board=12.0

do not forget to be very careful with scammers and require them to show their faces on the webcam so that they do not have things like Fake team

I understand the concerns of the people who participate in the discussion. No site, no team. It is sad.

But isn't there enough information about the project here? I do not understand this. It is, of course, presented in an unusual way, but the general idea and goals that the author sets for himself are clear to me. I can even say that the author offers a solution to an urgent problem that has been holding back the growth in popularity of cryptocurrencies for many years.

If the author does not have a team, offer him your best help. If you have any skills or advice that might help, suggest them.

I don't think this is a bad idea. This project is very relevant. The author talks about a problem that really exists. And the author offers a solution.

Don't give up, author. Amid the hype with useless DEFI - HYIPs, your idea is really useful.

This platform is at the very start. In process. In the first post of the thread, you saw that I need to attract specialists to the team. This platform will not be operated by one person.

The first to join the project receive the same benefits as all subsequent ones. Count for yourself. The benefit depends only on how many people you invite and how active they will be. Under such conditions, people who join later than others can easily create a structure that will bring them income more than the first users receive.
 
When B joins the project, the funds are received by A who invited him. And the partner who is upline this A.

When F invites G, then   the funds are received by F and E (the upline partner) make a profit. There is absolutely no difference at what stage you start using the smart contract. Your income directly depends on how actively you develop your network.

The return on investment fund will not only consist of funds received through a smart contract. In the first post of the thread, I said that our goal is to create a community within which users can engage not only in investing, but also in making money on these investments, through the tools we have proposed, to monetize their skills and communities. Now the smart contract will be used to raise funds for hiring specialists and operating expenses. Later, the funds received from the smart contract will begin to fill the insurance fund. But this will not be the only source of funds for the fund. We will earn on the provision of intermediary services, through advertising, partnership agreements (in cases where the client project needs the services of marketing or development specialists). In addition, we will not start working with cryptocurrency projects until the size of the insurance background reaches the levels at which we could offer users a full return on investment. How do you achieve this? Very simple. When listing a project, the size of our fund should be equal to the size of the hardcap of this project.

In addition, after its launch, the platform will receive a percentage of the amount of successful crowdfunding campaigns carried out by fiat projects. Commission is also income.

We intend to provide a wide range of services necessary for projects at the stage of creating and attracting investments. Help them with marketing, development, listings, media connections and many more. To make this possible - we intend to enter into partnership agreements with companies providing these services (this is also in the first message). Thus, we will be able to offer work to our partners and receive our percentage from them without spending our own resources.

I am grateful for your advice. I already wrote WP. I have the very first version of it. I should edit it and translate it into English.

So, your project clearly adapting a MLM, in spite of what you said that it just interpretation or something, your structure awfully looks like pyramid scheme, where the first people who join will be more benefitted than the ones who join later. Am I right?

Also, taking note of your scheme, platform got less money from "crowdfund", they only earn from first line and reinvestment made by firstline's downline. This fund allocated to the platform is the one meant to compensate members from scam project, right? I can imagine that the total amount must be very low, given they only earn from small sources, around (currently) 0.06ETH each time. And you plan to do a full refund with this pool?

Ok, we have a founder detail, then. A website? Whitepaper? Let's be clear here, I don't think you have much to do at this time, certainly composing a WP is better than sitting idly, if you're really serious with the project. And honestly people will find it hard to trust a "crowdfunding compensating investment platform" that's manned by one man.

The scheme is as follows:

You make a contribution - since no one invited you and you joined yourself, you become a referral to the platform, so your contribution goes completely to the platform.

When A invites B, the funds are split in two. In a personal branch, A gets 50%, and the upstream partner gets the rest. Since higher A is  only the platform - the platform gets the money.

When B invites C, the amount is split in two. In the personal program, B receives half, and in the corporate program, A (upline partner) receives the remaining 50%.

This logic changes only at the moment of reinvestment. When B invites C (if C is a reinvestment) - 50% of the contribution is received by A, as an upline partner, as part of a personal program, and the second 50% is received by the platform as part of a corporate program.

At the same time, all users invited by your personal partners bring you a profit (50% of the contribution) when they become the initiators of reinvestment.

The platform receives only a part of reinvestments and those funds that are contributed by direct partners of the platform (first line), and those that are contributed by direct partners invited by users of the first line (50% within the corporate program.). The platform has nothing to do with all other income.


This crowdfunding platform has clear team details. I am the author of the project and above I offered my link on LinkedIn. You can contact me there if you wish.

When I talk about compensation, I mean not a small percentage, but a full refund that the user, through our fault, gave to the scam project. We intend to list as many projects as our insurance fund can cover. And we offer investors not a percentage, in the form of compensation, but a return on all the funds they have invested.

What technical documents are we talking about? There is only a development plan and a smart contract. I am grateful to you for your opinion, but the point of attracting primary funding is just to hire specialists who can competently create a website and start creating the stated platform. My programming skills are limited. Of course, I will do my best to prepare the project with my own hands as much as possible, but this takes more time.

This is your scheme:

Someone named A invested on your platform. 100% of his fund were directed to the platform (since he has no one to invite him).

A invites B, and receive 50% of B's investment, while the other 50% goes to the platform.

B invites C, and receive 50% of C's investment, while the other 50% goes to the platform

C invites D, and receive 50% of D's investment, while the other 50% goes to the platform

D invites E, and receive 50% of E's investment, while the other 50% goes to the platform

At the same time, A also invites F, G, and H. He receives 50% from F, 50% from G, and 0% from H because H is reinvestment, and his funds goes to his referrer (or, in case of no one referring him, to the platform).

Meanwhile, B invites I, J, K. He earned 50% from I and J, and 0% from K, because K is reinvestment and 50% his donation were allocated to A who referred B.

Am I right this far?

As for your question which one I'll invest my funds (to the private ICO or to a platform who pays compensation, which clearly refer to your company), frankly, with current condition, I'll prefer to the private ICO if they have a clear team details and built enough reputation from media and milestones.

It's a no-brainer, this "crowdfunding platform", although pays compensation, has no clear team details and no website. So far they didn't show any convincing evidences that could leave me assured that the project they promote is guaranteed to be safe. The platform didn't even put effort to "sell" themselves, how could I be convinced they pays full effort to conduct research on the project in questions. And when the project failed (namely they scammed me), best I get is a compensation, without clear proportion of how many percentage I get. In case I only get partially compensated, I'll still be at loss.