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Topic: [ICO CLOSED][DAR]Darcrus | Blockchain Database Startup - Enterprise, Everywhere - page 23. (Read 94663 times)

hero member
Activity: 882
Merit: 548
Also, a larger capture of the conversation in Slack:

Here

Many thanks for the detailed answer!
hero member
Activity: 656
Merit: 500
Go Jupiter!
Also, a larger capture of the conversation in Slack:

Here
hero member
Activity: 656
Merit: 500
Go Jupiter!
  Angry Angry Angry  Who will answer the question why the purse is empty  Huh Huh Huh
         Escrow     https://blockchain.info/address/14ZMeswT9w6hAqZTkyASCUXnQmZ3xzWVYh   О - BTC!!!
              where - 460 btc  Huh

I've answered this many times already. Please look at how Coinbase Vault operates. I screen capped the balance from Coinbase and placed in Slack. I will do this every 100 BTC threshold (IE 500, 600, 700, etc etc).

Screencap from Slack
Balance
sr. member
Activity: 315
Merit: 250
  Angry Angry Angry  Who will answer the question why the purse is empty  Huh Huh Huh
         Escrow     https://blockchain.info/address/14ZMeswT9w6hAqZTkyASCUXnQmZ3xzWVYh   О - BTC!!!
              where - 460 btc  Huh

the funds have been transferred to cold storage. so there is no need to worry. Smiley
member
Activity: 88
Merit: 10
  Angry Angry Angry  Who will answer the question why the purse is empty  Huh Huh Huh
         Escrow     https://blockchain.info/address/14ZMeswT9w6hAqZTkyASCUXnQmZ3xzWVYh   О - BTC!!!
              where - 460 btc  Huh

No worries, it is depositing to escrow address? Calm down, the project is legit, I guess they deposit to a cold waller address
hero member
Activity: 882
Merit: 548
   Angry Angry Angry  Who will answer the question why the purse is empty  Huh Huh Huh
         Escrow     https://blockchain.info/address/14ZMeswT9w6hAqZTkyASCUXnQmZ3xzWVYh   О - BTC!!!
              where - 460 btc  Huh
sr. member
Activity: 315
Merit: 250
i believe we are gonna meet the funding requirements of 1000 Btc before the deadline. 46% is Big considering there is still 25% bonus to avail and it is only 2nd day of ICO.
sr. member
Activity: 331
Merit: 250
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.

What if the project raises 900 BTC or 950 BTC....is there a clause which enables the project to go ahead anyway?

1000 BTC or bust  Cool

If bust, you will pay those member with bitcoin? Then I think you lose some money with hard working.
legendary
Activity: 2310
Merit: 1000
Darcrus Buy Back Program Details

https://blog.darcr.us/darcrus-buy-back-program-details-7cd449bb9333#.3w8n5r7dh

The discussion few posts above was about it and why we chose this solution - https://bitcointalksearch.org/topic/m.16962038

Please join slack everyone http://inviteme.darcr.us/ 170 members already there.

4 days and 9 hours until 25% bonus ends. 460 BTC received so far https://blockchain.info/address/14ZMeswT9w6hAqZTkyASCUXnQmZ3xzWVYh



legendary
Activity: 2310
Merit: 1000
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.

That model held both of those assets back. The proposed new system didn't meet the requirements either. I do apologize.

No need to apologize. These tokens have no use other than as shares in profit of your business so you are going for a buyback program, i can understand that it is common practice to do so in real world companies. Although i wonder if there will be dilution in future for further fundraising? or how would it work after some time when a lot of tokens are burned.

As much as we love dividends on blockchain from few years, as they are simple, quick and the best reward system out there, for now we need to stick to exchanges and business world rules if Darcrus wants to do some real business and provide liquidity through different exchanges, if only regulations and rules change one day we should be able to bring dividends back to blockchain, there was heavy consultancy on this with different parties and it is the only acceptable way for now and can`t be mixed with anything else and we can`t put different things on risk also.

Supply is inflation-less, there won`t be another fundraising or bigger supply, tokens can be fuel of dAppsheets(the ones on public blockchains), Sigwo has also own trading bot, i wouldn`t worry about market making, as for "too costly to acquire token" - people can be paying fees in USD, AUD tokens etc while DAR token is converted in background through different swap services, Sigwo had similar service developed already for swapping assets BTC-Sigfarm, so it can be done the same for fiat assets, fiat tokens are on blockchain already and there will be more of them, many people while using dAppsheets won`t even know they are using blockchain or DAR token.

How to explain in a nutshell to non-tech investors in around two lines if possible so i can explain to a few people. We invested with my Wife because we like Crypto investing but to an ordinary person I do not know how to explain it.
So say I tell a person buy some tokens, what do they get exactly for investing in DARCRUS? Just a simple explanation will do so I can advise them.  Smiley. Many kind thanks in advance.

You are investing in software, for example like you would be investing in Miscrosoft Office that runs on Windows OS.

But, Darcrus will be providing dAppsheets(dapps) which can utilize any good OSes(blockchains and platforms).

Stratis for example is OS, Darcrus will provide software, applications that will run on it.

First version of whitepaper http://darcr.us/docs/DarcrusWP-v1.pdf

And some more info here http://coremedia.info/index.php/blockchain-news/item/351-darcrus-enterprise-everywhere

legendary
Activity: 2310
Merit: 1000
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.

What if the project raises 900 BTC or 950 BTC....is there a clause which enables the project to go ahead anyway?

1000 BTC or bust  Cool

Minimum is there so Steven can quit his job and fully focus on DAR and its business. Above it team with these funds needs to be created also, its size and different efforts including developing, consultancy, support, marketing will depend from collected funds.
hero member
Activity: 1036
Merit: 504
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.

That model held both of those assets back. The proposed new system didn't meet the requirements either. I do apologize.

No need to apologize. These tokens have no use other than as shares in profit of your business so you are going for a buyback program, i can understand that it is common practice to do so in real world companies. Although i wonder if there will be dilution in future for further fundraising? or how would it work after some time when a lot of tokens are burned.

As much as we love dividends on blockchain from few years, as they are simple, quick and the best reward system out there, for now we need to stick to exchanges and business world rules if Darcrus wants to do some real business and provide liquidity through different exchanges, if only regulations and rules change one day we should be able to bring dividends back to blockchain, there was heavy consultancy on this with different parties and it is the only acceptable way for now and can`t be mixed with anything else and we can`t put different things on risk also.

Supply is inflation-less, there won`t be another fundraising or bigger supply, tokens can be fuel of dAppsheets(the ones on public blockchains), Sigwo has also own trading bot, i wouldn`t worry about market making, as for "too costly to acquire token" - people can be paying fees in USD, AUD tokens etc while DAR token is converted in background through different swap services, Sigwo had similar service developed already for swapping assets BTC-Sigfarm, so it can be done the same for fiat assets, fiat tokens are on blockchain already and there will be more of them, many people while using dAppsheets won`t even know they are using blockchain or DAR token.

How to explain in a nutshell to non-tech investors in around two lines if possible so i can explain to a few people. We invested with my Wife because we like Crypto investing but to an ordinary person I do not know how to explain it.
So say I tell a person buy some tokens, what do they get exactly for investing in DARCRUS? Just a simple explanation will do so I can advise them.  Smiley. Many kind thanks in advance.
legendary
Activity: 2310
Merit: 1000
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.

That model held both of those assets back. The proposed new system didn't meet the requirements either. I do apologize.

No need to apologize. These tokens have no use other than as shares in profit of your business so you are going for a buyback program, i can understand that it is common practice to do so in real world companies. Although i wonder if there will be dilution in future for further fundraising? or how would it work after some time when a lot of tokens are burned.

As much as we love dividends on blockchain from few years, as they are simple, quick and the best reward system out there, for now we need to stick to exchanges and business world rules if Darcrus wants to do some real business and provide liquidity through different exchanges, if only regulations and rules change one day we should be able to bring dividends back to blockchain, there was heavy consultancy on this with different parties and it is the only acceptable way for now and can`t be mixed with anything else and we can`t put different things on risk also.

Supply is inflation-less, there won`t be another fundraising or bigger supply, tokens can be fuel of dAppsheets(the ones on public blockchains), Sigwo has also own trading bot, i wouldn`t worry about market making, as for "too costly to acquire token" - people can be paying fees in USD, AUD tokens etc while DAR token is converted in background through different swap services, Sigwo had similar service developed already for swapping assets BTC-Sigfarm, so it can be done the same for fiat assets, fiat tokens are on blockchain already and there will be more of them, many people while using dAppsheets won`t even know they are using blockchain or DAR token.
hero member
Activity: 840
Merit: 1000
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.

That model held both of those assets back. The proposed new system didn't meet the requirements either. I do apologize.

No need to apologize. These tokens have no use other than as shares in profit of your business so you are going for a buyback program, i can understand that it is common practice to do so in real world companies. Although i wonder if there will be dilution in future for further fundraising? or how would it work after some time when a lot of tokens are burned.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.

Yeah, BS. Who needs $750,000 to create a Couple Vms? and What the Hell would Cost So Much Money To Design A Couple GUIs -not To Mention, why Need Them In The First Place?
hero member
Activity: 656
Merit: 500
Go Jupiter!
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.

What if the project raises 900 BTC or 950 BTC....is there a clause which enables the project to go ahead anyway?

1000 BTC or bust  Cool
hero member
Activity: 656
Merit: 500
Go Jupiter!
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.

That model held both of those assets back. The proposed new system didn't meet the requirements either. I do apologize.
hero member
Activity: 840
Merit: 1000
Congrats on the quick start! Although buy back program is not what i expected. I was much happier with model used with SIGFARM & SIGWONET assets.
legendary
Activity: 1190
Merit: 1000
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.

What if the project raises 900 BTC or 950 BTC....is there a clause which enables the project to go ahead anyway?
sr. member
Activity: 474
Merit: 261
GBM
this will be 99% refund like ark. I dont get these greedy limits nowadays
hope they will cancel this limit, you cant expect such a high investment without any real marketing or working beta

As a founder Steven has calculated his cost of delivering the project. He needs min 1000 btc to deliver.

As an investor you can do your valuations and review if the ico is worth investing.
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