[ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 26.

Hollowman338

legendary

Activity: 1246

Merit: 1000

Quote from: bcmine on May 12, 2016, 06:08:43 AM

Quote from: 110110101 on May 12, 2016, 05:01:51 AM

I thought 30+ Million USD was a huge success for the DAO. Checked in again today and it's over 48(!) million USD. That's one heck of a DAO funding venture platform!
Besides slock.it and Mobotiq, are there any other proposals that are available to start reading? More to be presented after the launch in 2 weeks?

now we are on the run to hit 100+ Million USD at the end. the more they collect the more risk is involved with the dao.

Quote from: Roidz on May 12, 2016, 05:25:45 AM

only 46h left before price change, be fast guys Cheesy

I would buy at the end of the ICO so you know actually more facts and having less risk to lose your money.

The dump will be legendary. 90% losses will be seen.

bcmine

hero member

Activity: 1014

Merit: 1055

Quote from: 110110101 on May 12, 2016, 05:01:51 AM

I thought 30+ Million USD was a huge success for the DAO. Checked in again today and it's over 48(!) million USD. That's one heck of a DAO funding venture platform!
Besides slock.it and Mobotiq, are there any other proposals that are available to start reading? More to be presented after the launch in 2 weeks?

now we are on the run to hit 100+ Million USD at the end. the more they collect the more risk is involved with the dao.

Quote from: Roidz on May 12, 2016, 05:25:45 AM

only 46h left before price change, be fast guys Cheesy

I would buy at the end of the ICO so you know actually more facts and having less risk to lose your money.

Roidz

sr. member

Activity: 1386

Merit: 250

1XBit.com

only 46h left before price change, be fast guys Cheesy

bitbitch

sr. member

Activity: 434

Merit: 250

Quote from: 110110101 on May 12, 2016, 05:01:51 AM

I thought 30+ Million USD was a huge success for the DAO. Checked in again today and it's over 48(!) million USD. That's one heck of a DAO funding venture platform!
Besides slock.it and Mobotiq, are there any other proposals that are available to start reading? More to be presented after the launch in 2 weeks?

Mobotiq seems very hard to get right.

cryptodv

hero member

Activity: 1092

Merit: 507

btcstakes.com

Quote from: ?? on ??

Quote from: Hollowman338 on May 11, 2016, 06:17:14 PM

This thing has been so completely overbought at this point it's sad

What I don't understand is why investors can not decide what to invest in through individual ico's

Why doesn't slock.it simply have a normal ico to collect funds?

Instead they come up with a plan to pool a bunch of funds into one smart contract "The DAO" then they receive their ico funds from this pool. And the slock.it tokens become glued to the DAO. Unable to be transferred or traded on their own.

So if 5 proposals are accepted by the DAO, then all 5 of these companies are glued to the DAO. So there's no way for an investor to invest in just 1 company. They are forced to invest/divest in all 5 at the same time through the DAO tokens.

Wouldn't it be better for all 5 companies to have individual icos, so then investors can pick and choose exactly what they want to buy and sell?

Good question....

110110101

legendary

Activity: 1382

Merit: 1002

I thought 30+ Million USD was a huge success for the DAO. Checked in again today and it's over 48(!) million USD. That's one heck of a DAO funding venture platform!
Besides slock.it and Mobotiq, are there any other proposals that are available to start reading? More to be presented after the launch in 2 weeks?

bitbitch

sr. member

Activity: 434

Merit: 250

i may donate a nominal sum to gain an understanding from the inside of how this DAO will work, but as an investment proposition it has far too many unknowns.

Hollowman338

legendary

Activity: 1246

Merit: 1000

This thing has been so completely overbought at this point it's sad

windjc

legendary

Activity: 2156

Merit: 1070

So I am confused.

There apparently is an option that if you buy Dao, you can simply turn it back into the equivalent ETH once it launches? So if you do this, is that Dao that you were supposed to have destroyed?

Also, can you take turn the Dao into ETH at any time or just at the launch? And what happens to your Dao (and the total supply) when that happens?

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: Sam123 on May 11, 2016, 11:10:30 AM

Quote from: CjMapope on May 10, 2016, 07:57:54 PM

Quote from: Joint Force on May 10, 2016, 07:49:13 PM

New episode of #Blocktalk tonight
https://twitter.com/block_talk/status/730008369197625345

Ethereum DAO creator LIVE in about 1 hour.

here's the direct youtube link if anyone wants. this will be great interview! Grin

https://www.youtube.com/watch?v=lkCNEAot6-o

Thanks for sharing

Did you happen to see it? what were your thoughts?
i personally think they could have done better, and was kinda surprised to have only 40 people watching it with me
kinda thought it would have been a bigger interview , more professional, and that they would explain " THE DAO" perfectly. none of those happened imo ;p
guess i got caught up in the hype haha

Sam123

hero member

Activity: 980

Merit: 502

Quote from: CjMapope on May 10, 2016, 07:57:54 PM

Quote from: Joint Force on May 10, 2016, 07:49:13 PM

New episode of #Blocktalk tonight
https://twitter.com/block_talk/status/730008369197625345

Ethereum DAO creator LIVE in about 1 hour.

here's the direct youtube link if anyone wants. this will be great interview! Grin

https://www.youtube.com/watch?v=lkCNEAot6-o

Thanks for sharing

bcmine

hero member

Activity: 1014

Merit: 1055

Quote from: AleScamHole on May 10, 2016, 09:34:21 PM

Quote from: CjMapope on May 10, 2016, 07:57:54 PM

Quote from: Joint Force on May 10, 2016, 07:49:13 PM

New episode of #Blocktalk tonight
https://twitter.com/block_talk/status/730008369197625345

Ethereum DAO creator LIVE in about 1 hour.

here's the direct youtube link if anyone wants. this will be great interview! Grin

https://www.youtube.com/watch?v=lkCNEAot6-o

o man listening to this guy i am SO happy i didn't invest lol

"don't matter if you vote, don't vote, vote for us, vote against" sounds like my government haha
"it don't matter, the DAO will take your money"
wow this guy does not inspire confidence ;(

not at all a good choice, i would keep my fingers away from that.

bitbitch

sr. member

Activity: 434

Merit: 250

Quote from: fartbags on May 11, 2016, 03:26:06 AM

It looks like slock.it is a corporation. They have nothing to do with TheDAO or $DAO. Should the DAO vote to give slock.it money so slock.it can get rich? hmmmm

who came up with the idea of creating this DAO?

madjihad

full member

Activity: 227

Merit: 260

Quote from: Arrakeen on May 10, 2016, 10:19:52 PM

No thanks...nothing of value to show. Just sounds like a bunch of jargon being hyped to make a quick ~~buck~~ few million during this community's craze for ICOs.

just because you're stupid it doesn't make the project stupid

fartbags

legendary

Activity: 1190

Merit: 1004

It looks like slock.it is a corporation. They have nothing to do with TheDAO or $DAO. Should the DAO vote to give slock.it money so slock.it can get rich? hmmmm

electronicash

legendary

Activity: 3178

Merit: 1054

I was about to send ETH to buy DAO token and i'm currntly on this page. it says "Send the amount of ETH you want to use to create DAO tokens to the following DAO contract address:"
do they mean that if i send my eth to the eth address they prompt to me, i will also receive my DAO on my eth address?

Quote

Send the amount of ETH you want to use to create DAO tokens to the following DAO contract address:

#######################################

Note that this page will not update and you will not be notified of the transfer.
This is expected as you are sending ETH directly to the DAO contract from your wallet.

After the first confirmation (20-40 seconds), you will be able to confirm your balance on the Creation page.
Voting on proposals will become possible at the end of the Creation phase.

You can safely close this page after your transfer is complete.
All support requests should be made in the support category of our forum.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Quote from: fartbags on May 11, 2016, 12:25:31 AM

https://youtu.be/Pn_7fdmfZY8

This guy says we "do not get stock in the slock.it corporation". What do we get for giving slock.it millions of $? I am sure slock.it will get funded because slock.it and friends own so much of TheDAO but what if some other proposal proposes the exact same thing as slock.it and offers equity in that company? I think that is a way better deal.

I like that word better yes, "equity"
i have to admit after watching that video interview, i am still not that clear on this whole plan of theirs. i understand the votes, splitting, and such, but it's still.... "Where's The Beef?" idk if it was just the excitement of the dude interviewed , but it was confusing and hard to keep along with the whole thing, with random goings off, "what was the question?" "them fucking 21inc guys" (tho i agree haha)
but im not sure if i trust this "team's plan" for my money so...idk. i'm not personally investing. this will be a crazy one to watch
https://forum.daohub.org/t/the-dao-are-we-taking-the-wisdom-of-the-crowd-too-far/1486

fartbags

legendary

Activity: 1190

Merit: 1004

https://youtu.be/Pn_7fdmfZY8

This guy says we "do not get stock in the slock.it corporation". What do we get for giving slock.it millions of $? I am sure slock.it will get funded because slock.it and friends own so much of TheDAO but what if some other proposal proposes the exact same thing as slock.it and offers equity in that company? I think that is a way better deal.

Arrakeen

hero member

Activity: 532

Merit: 500

Offer escrow, receive negative trust

No thanks...nothing of value to show. Just sounds like a bunch of jargon being hyped to make a quick ~~buck~~ few million during this community's craze for ICOs.

AleScamHole

sr. member

Activity: 504

Merit: 250

Don't you looooooove how offensive my name sounds?

Quote from: CjMapope on May 10, 2016, 07:57:54 PM

Quote from: Joint Force on May 10, 2016, 07:49:13 PM

New episode of #Blocktalk tonight
https://twitter.com/block_talk/status/730008369197625345

Ethereum DAO creator LIVE in about 1 hour.

here's the direct youtube link if anyone wants. this will be great interview! Grin

https://www.youtube.com/watch?v=lkCNEAot6-o

o man listening to this guy i am SO happy i didn't invest lol

"don't matter if you vote, don't vote, vote for us, vote against" sounds like my government haha
"it don't matter, the DAO will take your money"
wow this guy does not inspire confidence ;(

Topic: [ANN][slock.it][Company] IoT meets blockchain - A TheDAO proposal - page 26. (Read 66178 times)