Topic: 💠 DIW 💠 [ANN] [ICO] 💠 DIWtoken.com 💠 Decentralize Security - page 14. (Read 38587 times)

Please post some update on token burning. Not everyone is on panic. Bad market days is more better than not having any coins kept in your wallet. All we need to do is stay calm and let the magic happen.

The business is very nice and if you truly succeed in realizing your plans, then I suppose it will be interesting!

FROM TELEGRAM

Although there has been a delay – especially when it comes to our early estimates of distributing bounty rewards soon after the bounty program had finished (we were over confident with that statement as we didn’t realise the huge amount of work / difficulty of the task ahead of us – it literary took us a month to conclude with what everyone is owed) for which we truly apologise for our part in this - we can’t just sit back and take in everything our dear community members throw at us. Talking about weeks, is one thing, but months and years? That’s offensive to say the least. Please keep in mind that most other ICO projects do take a month to distribute bounty rewards as well. Please be informed that Bounty Token distribution has been initiated and that everyone will be receiving their tokens soon starting from our dear translators. We would like to take this opportunity to thank all of our dear Bounty participants for their hard effort and support. We are doing our best to add value to the DIW Token so that you will be rewarded accordingly.

Original DIW tokens allocated for ICO were 700 million (70%)
Original DIW tokens allocated for the team were 150 million (15%)
If for example only 100 million tokens were sold after all during private, Pre & ICO, then the final number of tokens in circulation will be 1/7 of the original. Thus, in this case, team will get 1/7 of 150 million which calculates to 21.4 million DIW tokens.
To summarise, the team will be left with 15% of the total DIW token supply whatever happens. It’s all the same.

To my fellow community and crypto friends,

I'm sure we all feel somewhat anxious, exhausted and perhaps disappointed with a few certain events that have happened during the last few months - and im not talking about DIW Token alone, im also talking about the entire market in general! I wanted to express myself because I, along side others in this community, have waited long for things to happen - not saying actions have not been taken and executed, but certain things have delayed and postponed DIW Tokens roadmap and caused what we might call a ripple in the pond. So I will stop beating around the bush and get to my point...

Questions have arose ever since DIW Tokens ICO ended and we hit the exchanges, questions like, Why is the token price so low? Perhaps you are one of those early investors (just like me) who spent many ETH to participate in this ICO and now you cannot see any profit...So why has this happened?

There are many aspects as to what drove the price to this position, and created this uncertainty and I believe you should spare some time to read the reasons and my analysis below.

1. Facts are facts, Bitcoin and Ethereum are the leading coins in the market, so it's as clear as daylight to know that when the market is bearish and the main coins like BTC and ETH go down, then everything will tumble down with them and hit rock bottom. This is the same for ALL coins especially for ICOs that are trying to come up into the crypto space and become part of the "larger pond" - the market.

2. Another point that has come to mind is, when the market is in the "bloody" state that it is now, then people tend to worry, panic and be weary of how to invest or trade. For example, panic sellers not many but a few have made bid orders below a certain degree which basically means that with the small volume of Ethereum that currently exists, then the outcome would be the low price that we all see now. Truth be said, this is not a realistic price because there is a small volume in trading.

3. A sub-question that has popped up as i was analyzing all the likely reasons to our current condition is, the DIW team has not fully delivered and executed some important things, in effect causing uncertainty and doubt within the community. One important issue is the Token Distribution! Many members of the community including myself, continuously mentioned that we did not want the bounty tokens distributed prior to hitting the exchanges. So when we actually hit the exchanges, there were no buyers and the reason being is that the bounty had not been distributed yet. Waiting for the bounty to be distributed and waiting for things to settle down before making any buy orders would of been the wiser choice.

4. Burning of Tokens! We expected that the team would burn the tokens after bounty distribution, and i believe that the price has been effected due to this too. The circulating supply has not been put down in writing or announced anywhere so this has created uncertainty, confusion and we the community need to see these numbers.

5. Something that is on my mind but noticeable by other members of the community is the 2 exchanges that we have been listed to. Latoken and IDex are not popular when it comes to ICOs, they have some volumes but they don't have high volumes so this has effected the attitude of members too. The fact that the DIW team collected under 2000ETH throughout the ICO has made it difficult for them to enter into a better exchange with higher volume but I for one has seen ICOs join smaller exchanges in the beginning and then join much larger exchanges later. So i believe that this has also played some role in the whole price.

So these are the reasons i feel have affected the price of DIW Token, and i hope everyone see this and takes note to what i mentioned because it was spoken with all honesty.

Finally i believe that after what was mentioned above, we need to consider these things and I for one will continue to support the team as i've been doing so far.

Hello
There is a new competition to your idea. Research on "Timicoin" I hope this information helps the process

I congratulate the team and the project community with another listing on all the favorite stock exchange - the IDEX. Well done guys.

https://twitter.com/Aurora_dao/status/1011346561568202753

https://idex.market/eth/diw

REGARDING DISTRIBUTION OF BOUNTY TOKENS..

Most of the checks have been made and the duplicates have been eliminated. There is no spreadsheet with the total tokens as most of the campaigns will be added together and the total tokens will be rewarded to each wallet number after being summarized.

The exact time and date of Distribution is unknown, the team will make an official announcement of when they distribution will commense.

There are tokens which, after ICO, increase in price several times. Even in such a market. Such examples are enough. I will give some examples when the price of tokens has grown several times after getting on the exchange.
Quarkchain +x15; Auctus +x4; Holo +x5 and so on

Yes, that's really amazing to see DIW being listed and traded but i keep seeing low buy walls, peoples want their bounty tokens and want to see a successful distribution before buying, am i right?
I am glad to see that DIW bounty was one of the biggest, Gratz to the dev team!

Hello - You are obviously wrong as no team member, advisor or organizer have sold any tokens.

This can be easily proven because if you check all the tokens transferred to LAtoken you will find that they come from wallets that have previously contributed ETH to our project.

So it is very clear that the sellers are contributors and not team members.

You are right but some project swiftly listed on bigger exchanges right after the ico and some tokens/coins price fall after the ico because they could not reached the hardcap. I think hardcap doesn't matter in success, projects need only struggle and hard work.
Envion project gave us big lesson about cryptocurrency, now we will not invest on any project without research. 

 i guess all icos that started at this period are down now and it makes sense. Another ico i bought is at -×5 ico price as well even if they reached hard cap.
Have you seen how ETH price goes lately. It was about 1000 usd when 2018 icos started.
Previews icos that succeeded started when ETH was 100usd and end up 1000 when they launch.
What is needed is trade activity and project success.
When market go bullish again most tokens will raise price as well.

it is clear that this organizer started selling the token. this is very bad, because early investors begin to sell tokens after them, and hunters follow them. I hope that I'm wrong.

It is interesting to know that the DIW token has been listed already. For those trading, how is it going? I can see someone already saying the price has collapsed and bounty have not come to trade yet. The price may be worse then. Good luck all.

the price at the first tenders at the latoken exchange collapsed to $ 0.01
When the hunters of the bounty get their piece, then two times more can easily turn out.

Wish a lot of investor maintenance your business when ICO will start.

Great update, i were here since day one when the project has started and kept following the progress of this amazing project!
I'm glad, to see such a success passes in front of my own eyes, i'm glad, waiting for my bounty tokens to arrive, best of luck DIW!

Great start after ICO, just keep on improving the DIW platform and it wont take time on keeping it going