Topic: [ICO ENDED] Jarvis - Fx, crypto, stocks | DApp browser | Revenue token - page 108. (Read 44779 times)

Yes it is rare, but we try to listen the market, and what the market wants now is to show some beta.

Great thoughts! It is true that utility token is to incentivize (usually) the people handling the network, but the team has not interest as if they are a normal company, they will do revenue in another way. This is what happens with Ripple. The team/company does not care what can happen to XRP. Because they make money without using this crypto.

We can discuss a long time to find other problems: the fact that there was a bubble was also a problem! Raising millions with a basic website was easy. Also, utility were listed months, if no years before any product to be delivered, so it is basically only a speculative market. Listing a utility token ONLY when a product is live, and the token is used within it, would have been better for ICO and for the market.

As you said, the problem with STO is the ROI... you can forget about x1000.

Therefore, maybe the truth is in the middle : to always have two tokens, one for staking/dividend, and one for utility. There is a VERY interesting one, one of our advisors work on. http://wetonomy.com/ and the concept of debt token is very promising to me. An interesting mix could be : you could sell an utility token (to pay fees); for each utility token bought, you send as well 7, 10 or 20 times more "debt token". You buy back debt token with your profit so contributors receive somehow a dividend until they run out of token, and they still have a utility token.

Yes, Scam advertise themselves a lot, so get more exposure; it removes the place for project like us, a bit under the radar.

But you know, since we will destroy unsold token, to be under the radar is not a very bad thing, especially for the one who will contribute or had already done it. Because it means the cap will be lower, so a bigger marge to progress, and also there will be less token, so the revenue per token would be bigger.

If that would be true, it could make a change in the whole investing scene.
Interesting though.

that's true. I bet there are some law firms specialized on SEC compliance- The software however would be new. A working gateway between crypto and the stock market would be huge.

that's definatelly a huge hurdle they have to pass. but building the software is much more important. they can hire people to get them past regulators.

They can be but the hard task isn't building the software, I guess, but it' somply with regulators, especially the SEC if one day they want to operate in the US

Yes, that's why you have to get involved. An income that can help you for your future. Your retirement, your children

I was not answered on the prototype question, if there is a date ?

Is there a date of arrival of the prototype of the exchange ?

One thing that comes to my mind when reading this is buying Apple stocks with Bitcoin. well, is this jarvis exchanger and capital market? and looking at teams and roadmaps I believe jarvis will be successful for the future.

My feeling is people now are orientating more toward STO's.
But with this incredible fast developing I am not sure if not a new technique is interesting in 2-3 years and nobody will speak about POW or ICO's anymore.

I agree with you, something is fundamentally wrong in the way ico are run today and should be changed, not sure how but there need to be more reason for the team to close the project, not just fill their pockets with cash.

So at the beginning, we will use CFDs, to show that the demand is here, to show the value behind this; as soon as we can, we will move to real stocks. But it will be faster and cheaper the first year to use CFDs; meaning that it could have dividend, this truly depends on the LP.

Of course we will do our best to use LP who gives back the dividends.

Makes sense, its rare that projects have their beta product ready before ICO and that is one of the reasons, token sales dont go that well for them. Having a product ready gives you the necessary boost, especially now in this bear market.

Yeah last year in october or november people are asking me how to enter crypto currency world, what coin or token to buy etc. Nowadays nobody asking how to do this. Hopefully market will turn around..

After taking time for much needed reflection on the past years, I have come to the conclusion ICOs failed because there is no incentive for the project teams to create any value for the investors, as the utility tokens are not allowed to increase in value. Would they be sold with the intention to increase in value, they were at risk of being deemed securities. And securities come with regulatory oversight and cannot be sold on unregistered exchanges. Additionally in contrast to shares utility tokens do not grant any rights other than access to the product. So you understand why being labeled a security or equity was to be avoided. Even though the teams could sell their unsold tokens on the secondary market, that would just be a bonus. The focus was to raise as much capital as possible before the regulatory ban hammer came down while pretending to be productive. Obviously raising money riding the hype was much easier than actually building a product that could give the utility tokens any value.

Security tokens grant right to dividends, however I am not sure they give a significantly bigger guarantee to ROI compared ICOs. Why? Security tokens still do not grant any voting rights nor any rights to company assets. Therefore security token teams still do not have to have any responsibility as the relation with their investors harbors no threat, liability or urgency. We can only hope the dividends increase the incentive a little bit for the teams to build some value for security tokens.

No positive change, that is?

I know many people now that are afraid (or just don't want to) of entering the cryptomarket not even because of the current downfall but because of almost no positive changes during the last year (or close to it)

I know the one on the Jarvis Trader platform, but I was also going to ask the question for the exchange, if there is a specific day?

Yes, 30%