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Topic: Deleted (Read 631 times)

hero member
Activity: 714
Merit: 500
October 02, 2017, 08:37:27 PM
#11
why not promote use bounty campaign dev
if next time open bounty, i want reserve indonesian translation
sr. member
Activity: 560
Merit: 251
October 02, 2017, 08:07:40 PM
#10
this is a perfect project to follow, I am very interested in the concepts and ideas you have, I hope to join this project, it seems to be promising and could be an interesting long-term project, good luck, btw
full member
Activity: 236
Merit: 105
October 02, 2017, 06:28:00 PM
#9
PS I didn't mean XRP I meant XCP (counterparty)
full member
Activity: 236
Merit: 105
October 01, 2017, 08:34:43 PM
#8
You are offering tokens @ $0.07 USD, which represent 1 kWh. Previously, you were selling hosting services for around $65 ish / kw-month (about $0.09 / kWh) and people had to supply their own miners.  So seems like a good discount, am I right that token holders still need to supply miners? If so, this really isn't a great discount considering the money you will be raising upfront.

But At least we all know for sure your tokens will actually be redeemable for immediate benefit, unlike 99% of other services.

As for the equity part of all of this, you are putting a valuation on GreatNorthData of about $55,000,000. Are you f****** kidding me? What are your financials? How much debt do you currently hold and what is the status of your lawsuit with Bitmain? What is your expected payout period of present mines? How does that payout period change if we turn into a bear market and mining revenue drops to $0.20/kWh? How are you going to pay dividends to token holders? Are the tokens registered securities? They surely will have to be if they represent equity, else there is regulatory risk. How long are you locked in the energy contract, what is the forecast for renewed pricing?

Any reasonably educated investor would need to know these things.

I'm also wary of they fact you've made a shell company to remove liability from the real assets. I dunno... Also, why did you do this on Ethereum? Ethereum is not even proof-of-work friendly. I'm sure you could have done it on XRP, they can even do dividends.
sr. member
Activity: 728
Merit: 250
September 30, 2017, 12:12:44 PM
#7
The price of this coins are really cheap during the ICO, this is a great choice of investment for the coins.
sr. member
Activity: 588
Merit: 254
September 30, 2017, 07:40:48 AM
#6
acquired up to 8% stake, this is huge, it seems like this is one of the most promising projects, a great idea to keep up with the progress of this project, I hope this project grows rapidly with excellent planning, good luck
full member
Activity: 217
Merit: 100
September 30, 2017, 07:08:39 AM
#5
Please announce some airdrops. Grin
hero member
Activity: 770
Merit: 504
September 30, 2017, 06:54:25 AM
#4
Hi!  Wink I am very thankful to the swarm fund team,because you created a very exciting idea and am deeply impressed by the team's goals and objectives.  This project is very promising and I hope it will be usefull for many people in the near future. I wish you best on ICO.
full member
Activity: 196
Merit: 100
September 29, 2017, 07:41:39 PM
#3
NO airdrop??
full member
Activity: 125
Merit: 100
September 29, 2017, 02:08:33 PM
#2
Good work Mo!
full member
Activity: 218
Merit: 100
September 29, 2017, 11:30:21 AM
#1
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