Topic: [ANN][TKS]TOKES Platform | Empowering the Cannabis Industry - page 26. (Read 103676 times)

This is actually not true. We had an in depth discussion with Bill while he was out on a trip to Vegas. We're quite optimistic about a listing, but what would be extremely helpful is if everyone could help promote Bittrex by making tokes listing requests on social media and in their slack. If you have a minute to post on twitter and express your interest in having us listed, we'd appreciate that.

That said, I have to say I was extremely impressed with the high ethics Bill and team bring to the crypto community. It's unfortunate that there is so much fraud and manipulation in these markets, but it really put my mind at ease to understand more about how they professionally operate.

really? nice! despite the ICO result tokes is more generous than Chronobank which collected more than $5Million. 30 BTC is just too huge though, it sure would affect the market when these users dumped them all at once. A buy walls perhaps is going to be a good in this case.

30 btc bounties ha...

good to know it, because INCENT price is going down the hill. 

but when tokes entry bitrex dev?

only need 3 BTC to enter exchange bitrex

Thank you sulec70. The issue has essentially been resolved, and we're both moving forward with our respective paths.

I hope Tokes team and Incent team will be able to solve the problem, i think I think it's just lack of communication.
We always support Tokes project!

I think a few people are a bit confused on the order of events. My reply was in response to a public comment from the Incent team.


More importantly though, they did send us the remaining balance of the tokes from asset creation, so re-recreating the asset will not be necessary. We're simply ceasing the relationship with their ICO management portal. This just means that we'll internally manage the remaining distributions. We have the user data required to do so, so it's just a matter of communicating with those individuals.


If you're looking for information about the status of your account formerly on the portal, please reach out to us directly at [email protected] or in slack.

Tokes need a bigger exchange to get more high value for each token. It's backed by trillion dollars industry and dev team have clear vision about the future of this project.

team can't do that anymore, they already sent some tokes out.  i once oppose the team for not distributing after the ico all but seeing what happened i guess its not their fault after all.
if the people agree, i'd send back mine too for the RE-ICO.

I disagree.  I think he did right to post it in public as it's a significant event.  Folks should know what's happening, like me.
Kov did the right thing. 

Now to move forward, what should he do.
Some suggestions:
1. Do what he said, recreate / reissue TOKES through waves, but why when creating Tokens through Ethereum is so easy.
2. Refund everyone and redo the ICO.
3. Redo the ICO through Ethereum.  With ethereum, you can easily create any token you want.

I think it's best for the community and because partnering with Incent had failed, it's best to do a full refund.  Then move forward and redo a new ICO through Ethereum. 
Acknowledge and take responsiblity that because Incent didn't work out, this is the best path forward.

Same thing with Etheroll.  They refunded everyone with their failed ICO and months later, did a NEW ICO because of the DAO failure.  Because they did that, folks see it as credible and the right thing to do and trustworthy.  The NEW ICO they did was even more successful. 

When folks see you to be trustyworthy and doing the right thing, people will take part. 
 

Yep, no need for that at all.

I tend to agree with you - KOV shot himself and TOKES in the foot on this one.  Smart thinking KOV.

How very unprofessional of you to bring private business matters and complaints into a public forum.  This is something that could have and should have been handled privately. 

update exchange pliss

Perhaps reasonable, but also inaccurate. However, since Rob has extended a resolution to the issue, I'd prefer to accept that offering and continue dedicating our efforts to the project initiatives.

And a repost from Incent thread for the sake of completeness. I think this is a very reasonable response given the agreement that existed.

'..recreating the asset on waves, with the same name, but under a new asset ID' , as theres not open the exchanger on WAVES wallets yet i wonder what this means, like a swap? but keeping the same name and changing the ID (dont know the ID on waves chain mean :/)?

Repost from my Incent thread reply:
=======================


Hello everyone,

It saddens me that I'm here posting this reply. For those of you who don't know me, I'm Michael Wagner, founder of the Tokes Platform. I would have preferred for Rob and I to navigate this conversation privately, but as the Incent team has announced a 'discontinuation of support' for our ICO distribution, I'm compelled to provide a response.

For some background, the terms of our MOA included a 5BTC deposit up front, 5BTC closing payment, and 2% of total funds raised as a share of revenue. In return, we were to receive a functional investment management backend portal along with a component of technical support for our users. We made payments on the initial deposit, as well as an interim payment based on funds raised (~1.8BTC). If you were a participant in our ICO, you can attest to the fact that the execution of distribution of tokes proceeds left a lot to be desired, and in fact was never officially completed. Our ICO closed on January 15th, and our investors are still waiting on distributions to be processed by their team.


For additional context, this is the email message I sent to Rob and Peter following our call earlier in the evening. Please note that this went out at 8:05PM PST, and the 'discontinuation of support' post was released in the early hours of the morning, without having any additional communication with me.


While I made an appeal to them regarding the payment amount to them proportional to funds raised, this is not about us 'not raising enough money'. This is about inadequate execution of their side of the agreement.


An earlier attempt to communicate with Incent at the beginning of February:



In essence, we paid for a product we thought was robust and complete from individuals we felt were professional. What we received was complete garbage. It would be irresponsible from both a company perspective, and in considering the impact on our investors, for me to relegate additional funds from our operating capital to pay a non-performing contract. I would caution anyone considering the use of Incent ICO technology to strongly reconsider the other options currently available in the ecosystem. If the Tokes team did anything wrong, it was engaging with Incent on this feature.


Given the fact that we are terminating our relationship with Incent, I don't feel that the Incent ANN thread is the most appropriate channel to continue this conversation. If you were a Tokes investor, or have interest in our project, I encourage you to join us in slack (you can register at: https://tokes-slack.herokuapp.com/ and join us at http://tokesplatform.slack.com).


For those who invested in Tokes Platform, know that we will be making you whole through the issuance of a new asset on Waves, with the name Tokes, but under a new asset ID. Any exchange listings will be based on that new asset ID. The members in our slack channel have requested that the initial 1% Incent bonus that was offered be replaced with a 1% Tokes bonus, which we will honor. Feel free to reach me direct at [email protected]. Bear in mind that we might be inundated with emails initially, so please bear with me on response time. I'll begin processing the replacement asset today.

Just putting this immediate response out, copy-and-paste from our slack. I'll be providing a more detailed response shortly. The bottom line is that we have all investor transaction information, and we'll be exchanging the initial tokes asset with a new one of the same name, on waves.