Topic: 🌟🌟🌟🌟🌟🌟 Buy Chrono.tech TIME on KuCoin.com! 🌟🌟🌟🌟🌟🌟 - page 364. (Read 453785 times)

hi, i know that im not eligeble for a now to participate in signature campaign, but maybe in future, so wanna ask question, do the current participants start to receive stakes in signature campaign when ico begins or already starting when thay joined the campaign?

Hello, you need to write in the British branch, or may be messages in other branches?

hi, i know that im not eligeble for a now to participate in signature campaign, but maybe in future, so wanna ask question, do the current participants start to receive stakes in signature campaign when ico begins or already starting when thay joined the campaign?

Hello, you need to write in the British branch, or may be messages in other branches?

Where does this Chronobank request for funds fit in with ASIC requirements?

http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

Have you asked ASIC about this? Do you have an AFSL?


http://asic.gov.au/regulatory-resources/fundraising/raising-funds-in-australia/

hi guys, have couple of questions. is there will be cap in signature campaign or number of participants are not limited?
and how much is minimum for ico to be succesful and is there is a maximum?
thanks for answers, sorry if there already been that kind of questions  marry xmas

Signature & avatar campaign

We're happy to announce that you can now earn TIME tokens by participating into our Signature & avatar campaign!

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Terms:

1) The whole bounty pool of 0.3% will be divided among the participants proportionally to the amount of their stakes. Minimal size of the bounty pool is 2000 TIME (equivalent of 20 BTC)
2) The stakes will be distributed weekly in the following ratio:

Legendary/Hero : 2 Stakes
Sr./Full : 1.5 stakes
Member: 1 Stake
Jr. Member: 0.5 Stake

3) Users wearing the official avatar will be eligible for a 0.5 stake increase in their weekly stakes.
4) The stakes will be distributed weekly to the participants
5) Users are not allowed to change their signature in the middle of the campaign
6) All members need to post at least 50 posts wearing the signature by the time the ICO ends to be eligible for a reward.
7) Spam is strictly prohibited. Users found spamming will be immediately and permanently disqualified, reported to the moderators, and banned from any other bounty campaign.

In theory, the supply is limited only by the amount of funding raised during the crowdsale.

We have development plan scenarios in case we raise: 500-2k btc, 2k-10k btc or 10k-20k btc: https://chronobank.io/files/dev_plan.pdf
All btcs over 20k will be transferred to security/guarantee fund in order to preserve the overall stability.

Where does this Chronobank request for funds fit in with ASIC requirements?

Have you asked ASIC about this? Do you have an AFSL?

When can you raise funds without a disclosure document?

In certain circumstances, you may not need to comply with the requirement to provide a disclosure document when fundraising. It is important that you get legal advice about whether this could apply to you. A general summary of these circumstances is provided here. For more information see Regulatory Guide 254 Offering securities under a disclosure document (RG 254).

In summary, a disclosure document is not required when:

an offer is a personal offer, and if:
offers or invitations have been made to fewer than 20 persons in the previous 12 months, and
the new offer will not result in more than $2 million being raised in that 12 months (see sections 708(1)–(7));

Note: You must not advertise the offer when you rely on this exemption

the offers are made to specified people who are presumed not to need disclosure because of their financial capacity, experience, association
with the issuer or wholesale status (see sections 708 (8 )–(12));
the offers are made to current holders of the securities (see sections 708(13)–(14A));
no money or other form of payment is payable for the securities (see sections 708 (15)–(16));
other disclosure regimes under the Corporations Act apply (that is  schemes of arrangement and takeovers) (see sections 708(17) and (18));
the offers are made to creditors under a deed of company arrangement, if certain conditions are met (see section 708(17A));
the offer of debentures is made by certain types of financial institutions (see section 708(19)).

For the ICO it says that 1 BTC = 100 TIME, but it doesn't say if there is a max supply of TIME or a max level of BTC investment for the ICO? Does that mean, in theory, there is unlimited supply?

ICO is incoming, ready to invest it, will be the last and best project in 2016

Please ban user Mefestofel_Mefis in your signature campaign. Reason: off topic, trolling.

ICO is incoming, ready to invest it, will be the last and best project in 2016

Thanks for fast answer.And  Do you have plan ( in future) to launch Labour-Hour in Russia, if russian government accept law about cryptocurrencies ?

EDIT: I am always interesting in projects that have  connections with real economy/ life

Good comments SpacemanOne.

We ended up using a PE Ratio for a couple reasons. First, so we (and readers) could get access to benchmarks and comparisons in the broader market. Second, just modeling the stream of potential payments didn't seem sufficient, because it seemed to imply that it was only worth it if the stream of payments summed up to the initial investment. We had a similar approach with ICONOMI that was helpful as a framework. CoinFund had an excellent analysis of REP tokens that valued them as an annuity, but the majority of feedback was that they should have used P/E ratios.

You're right that we can't predict the TIME trade value at a future point in time. Since we can't predict the future price and since ChronoBank isn't giving out earnings now, we decided to use the price at the crowdsale and the potential earnings to capture a similar idea: how much am I willing to pay for the opportunity to get a payment in the future. The two values aren't exactly the same, and thanks to your comment, we added some language to that effect. If there's anything you'd suggest adding to further clarify, let me know. (also, you're right that the value shouldn't have been $8.25 - we lowered it to $6.82 under the assumption that the average bonus for crowdsale participants would be 10%)

You made a good point earlier about whether correlating the amount raised and the amount of LHT issued was necessary. It also seemed like raising more funds would make the project more likely to succeed in securing users and issuing more LHT. We definitely discussed having 9 scenarios but that seemed like overkill. If you want to take on the task though, we could include your work.