no refund for me. good luck to the project!
cannabanana likes it if your comment praises the project team and shows support! lol
cannabanana likes it if your comment praises the project team and shows support! lol
You're my boy Blue!
Topic: ARK - DPoS 🔹 ARK Protokol 🔹 MarketSquare 🔹 IPFS 🔹 Staking on Binance 🔹 - page 490. (Read 781327 times)
December 13, 2016, 04:54:19 PM
You're my boy Blue!
December 13, 2016, 04:53:14 PM
no refund for me. good luck to the project!
cannabanana likes it if your comment praises the project team and shows support! lol
cannabanana likes it if your comment praises the project team and shows support! lol
December 13, 2016, 04:50:00 PM
Quick profit holics !
It needs some time to develop and refund.
Just some wait people
From wan.
It needs some time to develop and refund.
Just some wait people
From wan.
December 13, 2016, 04:39:28 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
Very good communication! If your participant ask a valid question, its a disagreement with you and you tell them to get a refund.
When did your team came up with the idea of using the difference from the 2K target to be going to the ARK Crew for future funding? Before the ICO started or after the ICO ended?
We are basing our calculations as 2000 BTC would have been met. What will be between final after refunds will go towards 2nd round of funding, but that will happen at a very different rate than current participants (they will be exchanged at a higher markup than highest in current TEC).
What would you rather have a coin that can grow and has means of delivering or (after refunds) distribute all the coins that will be worth very little and a budget maybe for 1 year of ARK development? After that ARK would be struggling with funding and further development.
We are here for the marathon run and not a sprint on 100 metres.
A more acceptable answer than the Head of Communication's "you ask a question - you disagree/complain - get a refund".
Asking questions about your decisions with the project you asked the community to fund looks to be complaining and disagreeing. Good job!
LOL he just basically said the same thing I did. That's my no nonsense approach, love it or hate it, that's the way it is.
December 13, 2016, 04:36:02 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
Very good communication! If your participant ask a valid question, its a disagreement with you and you tell them to get a refund.
When did your team came up with the idea of using the difference from the 2K target to be going to the ARK Crew for future funding? Before the ICO started or after the ICO ended?
We are basing our calculations as 2000 BTC would have been met. What will be between final after refunds will go towards 2nd round of funding, but that will happen at a very different rate than current participants (they will be exchanged at a higher markup than highest in current TEC).
What would you rather have a coin that can grow and has means of delivering or (after refunds) distribute all the coins that will be worth very little and a budget maybe for 1 year of ARK development? After that ARK would be struggling with funding and further development.
We are here for the marathon run and not a sprint on 100 metres.
A more acceptable answer than the Head of Communication's "you ask a question - you disagree/complain - get a refund".
Asking questions about your decisions with the project you asked the community to fund looks to be complaining and disagreeing. Good job!
December 13, 2016, 04:27:17 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
Very good communication! If your participant ask a valid question, its a disagreement with you and you tell them to get a refund.
When did your team came up with the idea of using the difference from the 2K target to be going to the ARK Crew for future funding? Before the ICO started or after the ICO ended?
We are basing our calculations as 2000 BTC would have been met. What will be between final after refunds will go towards 2nd round of funding, but that will happen at a very different rate than current participants (they will be exchanged at a higher markup than highest in current TEC).
What would you rather have a coin that can grow and has means of delivering or (after refunds) distribute all the coins that will be worth very little and a budget maybe for 1 year of ARK development? After that ARK would be struggling with funding and further development.
We are here for the marathon run and not a sprint on 100 metres.
December 13, 2016, 04:24:34 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
Very good communication! If your participant ask a valid question, its a disagreement with you and you tell them to get a refund.
When did your team came up with the idea of using the difference from the 2K target to be going to the ARK Crew for future funding? Before the ICO started or after the ICO ended?
This is our continuation plan. Plan B for if we have to do refunds.
Why not just get a refund instead of complaining about how you think you deserve to get more coins.
We didn't reach the goal so all bets are off on the original plan. We could just give everyone a refund and start again with a different sales type but this is much easier.
So if you disagree with us, the only option is to get a refund. We're not going to sit around and let this project die just because you want to get more coins.
December 13, 2016, 04:20:49 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
Very good communication! If your participant ask a valid question, its a disagreement with you and you tell them to get a refund.
When did your team came up with the idea of using the difference from the 2K target to be going to the ARK Crew for future funding? Before the ICO started or after the ICO ended?
December 13, 2016, 04:11:21 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
because those are the terms for a SUCCESSFUL TEC above 2000 BTC. It's easy, don't agree? Get a refund.
we're doing this for the interest of the participants so they can have a coin worth holding in the future and not one that gets insta dumped at the exchanges.
December 13, 2016, 04:09:37 PM
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
Excellent faucet @densmirnov !!! thank you very much for this contribution!
December 13, 2016, 04:09:20 PM
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
Great, I will ask the total refund of my 200,000 lsk invested. good luck for your project.
Is that the only phrase in english you understand?
I'm glad you're getting a refund, because your coins come back to us and we can distribute them to people who deserve it.
see ya.
December 13, 2016, 04:07:12 PM
So, is it safe to assume that if a lot of people pull out funds, the rest of us will get a higher portion of ARK tokens?
no, all refunds go back to the ARK Crew to be used for additional fund raising in the future.
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
thanks for the important update!
From OP :
1: 75% [93,750,000] of ARK tokens will be distributed to participants of the ARK-TEC; 2: 15% [18,750,000] to the ARK Founders Team; 3: 7% [8,750,000] ARKShield Program; 4: 2% [2,500,000] for bounties; 5: 1% [1,250,000] to escrow;
So why are there tokens going to ARK Crew or used for future crowdfunds/additional fund raising?? And the difference from the 2K target? The 75% [93,750,000] are supposed to be distributed to the participants - NOT going to ARK Crew or future fund raising. Why are you changing now the terms - why don't you distribute all the 93,750,000 tokens to the participants? If someone wants a refund - fine, but their would have been share gets back to the pool and distributed to the participants.
December 13, 2016, 04:06:05 PM
Update on the refund option and Ark distribution
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
There will be a one week period after TEC is closed during which TEC participants may choose whether to receive a refund or leave the funds on deposit in the TEC to receive a distribution of Ark tokens. This period will start immediately after the modifications are made to the TEC site which will include the refund option. The refunds will be issued at the end of the refund period and the final distribution of Ark is determined with the bonuses applied, based on the minimum target of 2K BTC being met exactly. The difference between the 2K target and the actual amount raised after refunds are complete will be treated as a deposit of that amount of BTC with no bonus applied, and its resulting distribution held by Ark for future crowdfunds, development and participation in the ARK project, and possibly employee compensation at an exchange rate no lower than the highest exchange rate made by anyone during the TEC. At mainnet launch, the distribution of Ark tokens will be made as originally planned, no later than 1 February 2017. Bounties will also be distributed after mainnet launches. Further instructions and details will be posted when the TEC site is ready.
Great, I will ask the total refund of my 200,000 lsk invested. good luck for your project.
December 13, 2016, 04:03:52 PM
Congratulations to ARK team - although I thought you will at least break your initial goal I'm happy and staying in ARK.
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
and why so low value?
more was expected....
Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
how muck cost each ARK?
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
more was expected....Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
Bingo, I don't know why people can't see the truth like you.
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
Nice work Dens!
That neon sign.....I need one in real life....... very cool.
Some people wear blinders their whole life. Others just cant handle the truth
Ark is here to stay. December 13, 2016, 03:39:33 PM
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
Nice work Dens!
That neon sign.....I need one in real life....... very cool.
Maybe we could open ARK shop which only accepts ARKs as payment and sell stuff like this ARK logo neon sign (maybe RGB colors changing ) would be so awesome :O
December 13, 2016, 03:33:07 PM
Congratulations to ARK team - although I thought you will at least break your initial goal I'm happy and staying in ARK.
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
and why so low value? more was expected....
Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
how muck cost each ARK?
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
more was expected....Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
Bingo, I don't know why people can't see the truth like you.
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
Nice work Dens!
That neon sign.....I need one in real life....... very cool.
December 13, 2016, 03:27:39 PM
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
Nice work Dens!
December 13, 2016, 03:24:13 PM
Congratulations to ARK team - although I thought you will at least break your initial goal I'm happy and staying in ARK.
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
and why so low value? more was expected....
Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
how muck cost each ARK?
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
more was expected....Probably a bit more but still a steal at that price. RISE raised around the same amount and they didn't even have working wallet only problems with each passing day as far as I can recall - ARK already has windows wallet, android wallet, linux wallet, IOS wallet if I'm not mistaken on the way and wallets working better than some that have been on the market for a few years and with a market cap of 50x of ARK *cough*Mist*cough* . I think ARK is a sleeping beauty and next year after they go live it will boom (maybe not initially, but mark my words this is not just undersold, but way undersold project). I'm here for the long run since team seems solid and is already delivering so I'm giving them a chance with my investment.
Good luck to all of us who stay in!
December 13, 2016, 03:24:02 PM
If anybody here is running Ark testnet, here is a small convenience for you — you may now get testnet tokens without hurdle, simply by using first ⎋ Ѧrk Faucet.
December 13, 2016, 03:19:09 PM
how muck cost each ARK?
don't quote me on this but I think it's a little bit under a penny per ark.
yes around 1700 satoshy each , more or less! Not much truly honest.....
more was expected....Jump to: