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Topic: [ICO ENDED] Jarvis - Fx, crypto, stocks | DApp browser | Revenue token - page 56. (Read 44795 times)

jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

I believe that you envisage a strategy of behavior and for a negative result at the end of February? What will happen in this case? Postponement or partial implementation of the roadmap? So you have worked out all the options for further action?

Yes, that is a good question. What is your roadmap if market doesn't recover on 2019 too? We are waiting more than a year for recovery and nothing so far.

I do not expect any recovery of the market, so I do not expect another bubble or interest in ICOs; and honestly you do not need this bubble, the bubble was good to attract investors, and media coverage so all the world know about blockchain and crypto.

You can have a very good business without huge uptrend, since blockchain goes beyond crypto; crypto will become an asset like the others, like stocks, with range, downtrend, uptrend, and will be use for Dapp, etc.

No, what we need is suffisant fundings, and it can come from the ICO, or from traditionnal investors.
jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

I believe that you envisage a strategy of behavior and for a negative result at the end of February? What will happen in this case? Postponement or partial implementation of the roadmap? So you have worked out all the options for further action?

Yes we are prepared for every cases scenario; if the fundraising in general is below our needs, it will be pointless to release the exchange as it will not be able to work in a good manner; so we have two options:

A. To launch the trading platform without the exchange, and the wallet with web3 browser as well (instead of the end of the year) to start generating revenue from partners and to have a community around it

B. Being incubated / backed by an existing broker (the same way currency.com has done with capital.com as example)
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

I believe that you envisage a strategy of behavior and for a negative result at the end of February? What will happen in this case? Postponement or partial implementation of the roadmap? So you have worked out all the options for further action?

Yes, that is a good question. What is your roadmap if market doesn't recover on 2019 too? We are waiting more than a year for recovery and nothing so far.
member
Activity: 686
Merit: 10
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

Good to know that because many companies are extending their ICO's because the market situation is not accurate which makes investors are not showing any interest towards the new ICO's and don't forget to mention when again, you are going to start the crowdsale any specific ETA?
hero member
Activity: 1736
Merit: 857
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

I believe that you envisage a strategy of behavior and for a negative result at the end of February? What will happen in this case? Postponement or partial implementation of the roadmap? So you have worked out all the options for further action?
member
Activity: 315
Merit: 10
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.

I hope the ICO will have a good turnout at that time as I understand ICO's nowadays are experiencing a lot of difficulties. Good luck.
jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

Hello nobytes, we work hard to maintain the date, but the ICO at the moment does not allow us to go faster as we need to get prepared for the coming months. Everything will depend on february.
jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network


Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

For that matter is also true the opposite, maybe in 6 month ethereum will be back at 500$. I suppose is wise to cash out just the what you need to pay bills, but not everything.

that's why i said "Sure chances are we have bottomed, but you can't take that risk". They ask for an amount of money that is needed to fulfill their roadmap. If ETH goes down all of a sudden their runway goes down and they can't build their product, making all Jarvis tokens useless. Loook at all those 2017/2018 projects that are fucked now! Sure the early ICOs made bucks, but that's not an argument.

Theoretically, all raised money is needed to pay the bill, so they need to cash out everyting. A crypto project is not a trading firm. If you want to start a business and go to the bank for a loan, you don't start investing that money either (let alone in something as risky as crypto). Why do people think this should be different in crypto.

We shouldn't take the risk to over speculate Smiley

As example at the moment we raised 68k usd during the presale; But 21k were ETH and BTC that varies a lot; if we do not count them, we have only secured $47k, so €41k; which is not enough.

So to sell a bit of ETH abd BTC might help sometimes.

I think your biggest chance is you got fiat for private investments. If they were eth or btc, that would be huge downfall. Lots of ico gets cancelled after they reached their soft cap because funds were btc/eth.

Yes, I rely mainly in fiat; in the coming weeks we have few meeting planned with some investors, family office, etc.
jr. member
Activity: 864
Merit: 3
Interoperable finance | https://jarvis.network
so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

Are we going to get any more details or fixed date about the release or beta? What is the development status of the exchange at the moment?
i'm also interested in trying out a demo could team tell us if not an exact date at least a period when you expect the release of a beta?...

Hello,

It depends what demo you speak about, we have the exchange and the trading platform, which are two separate product/element.

The trading platform for Fx is already available, with the broker FXCM; it is a beta version that outline the trading features called "mouse trading".

The exchange is running already (demo account) but the UI is still far from being finished, especially because things can change according to the ICO success, or failure. In the case of the ICO does not work, we will need to reverse the roadmap, and start with wallet and Dapps before the exchange (because running an exchange cost from 250 to 500k a year).

I'd prefer to do not give any date or estimation at the moment.
hero member
Activity: 3066
Merit: 605
so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

Are we going to get any more details or fixed date about the release or beta? What is the development status of the exchange at the moment?
i'm also interested in trying out a demo could team tell us if not an exact date at least a period when you expect the release of a beta?...
member
Activity: 532
Merit: 50
ONe Social Network.
There is no doubt at this stage of the market is going to be crucial to hold on the funds as long as possible , hoping the market recovery will come.

Probably if you're collecting ETH right now, the best move is to just hold on and wait till it make a move up (not talking about 10X, but at least a 2X, but I know that there greedy people out there)
full member
Activity: 1064
Merit: 166
There is no doubt at this stage of the market is going to be crucial to hold on the funds as long as possible , hoping the market recovery will come.
sr. member
Activity: 798
Merit: 262


Can't rememer which one, but I once read about a project that hired a trader to use their remaining crypto to try to extend their runway  Huh Huh

wow that sounds like a desperate move considering that only a fraction of traders are able to beat the market.

Looks like God himself. I ain't trading anything in this shit storm.
member
Activity: 476
Merit: 10


Can't rememer which one, but I once read about a project that hired a trader to use their remaining crypto to try to extend their runway  Huh Huh

wow that sounds like a desperate move considering that only a fraction of traders are able to beat the market.
newbie
Activity: 310
Merit: 0
How much was raised on pre-sale? As I see pre-sale neds in 10 days, but why no counter of raised fund? And what news about demo-app exchange?

Hello, you can now see it on the webpage Smiley we have added a live bar so you can see how much has been raised.

>> https://www.jarvis.exchange/

So at the moment, $68k has been raised during the presale. It is still way below our expectations (we expected around 250k).
however, it seems to me a good result, is a considerable sum despite the expectations of the team were much higher, i am very pleased they add the live bar so i can follow in real time the progress of the investments...
The fact that they add the live bar is good. This adds transparency.
But I do not agree with you that collected money is a good result. Although, given the current situation ... In any case, it should be much more.
it is very clear that the more money collected, the better it will be and the more that will be done for the JARVIS project, and the more perfect the product will be run

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

Agreed, even though i am long time bullish, i think it has been irresponsible to keep the money in crypto like many icos have done. I understand that on some cases it can take time for the team to access the crypto if kyc has issues etc. But when ever it's possible to transfer to fiat, it should at least be announced during ico if the plan is to keep some in crypto. Otherwise they might as well just gamble it via trading.

glad you understand. And I too am long on crypto (knowing it is a long shot, extremyl risky asset), but it is my money and I can speculate with my money. Projects do it with investor's money, which isn't right!

Can't rememer which one, but I once read about a project that hired a trader to use their remaining crypto to try to extend their runway  Huh Huh
full member
Activity: 644
Merit: 101
How much was raised on pre-sale? As I see pre-sale neds in 10 days, but why no counter of raised fund? And what news about demo-app exchange?

Hello, you can now see it on the webpage Smiley we have added a live bar so you can see how much has been raised.

>> https://www.jarvis.exchange/

So at the moment, $68k has been raised during the presale. It is still way below our expectations (we expected around 250k).
however, it seems to me a good result, is a considerable sum despite the expectations of the team were much higher, i am very pleased they add the live bar so i can follow in real time the progress of the investments...
The fact that they add the live bar is good. This adds transparency.
But I do not agree with you that collected money is a good result. Although, given the current situation ... In any case, it should be much more.
it is very clear that the more money collected, the better it will be and the more that will be done for the JARVIS project, and the more perfect the product will be run

Just DO NOT make the same mistake as other ico's and keep the money in crypto!!! Sure chances are we have bottomed, but you can't take that risk. ETH can easily go from 120>60 and then you lose half the money you raised. For now, fiat is still king

Agreed, even though i am long time bullish, i think it has been irresponsible to keep the money in crypto like many icos have done. I understand that on some cases it can take time for the team to access the crypto if kyc has issues etc. But when ever it's possible to transfer to fiat, it should at least be announced during ico if the plan is to keep some in crypto. Otherwise they might as well just gamble it via trading.

glad you understand. And I too am long on crypto (knowing it is a long shot, extremyl risky asset), but it is my money and I can speculate with my money. Projects do it with investor's money, which isn't right!
sr. member
Activity: 1988
Merit: 275
so, as written in your roadmap here, you must be close to release your exchange. Do you have an demo version or something like that?

Not yet at the moment. We have published video about the UI on our youtube channel (the prototypes).

Are we going to get any more details or fixed date about the release or beta? What is the development status of the exchange at the moment?
If I am not mistaken then the release date is in March. Right?

They need to fast track their developments, else, there are a lot of exchanges sprouting everyday. But if they are really confident with themselves, why not? I believe they are targeting to cater the SouthEast Asian countries. So they are building their exchange according to their clients' needs.
full member
Activity: 686
Merit: 100
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?

would this script be the improved demo release or a definitive version of the platform and trading? Due to the market situation, doing so now will be courageous, well regarded by investors and an important milestone for the sale
full member
Activity: 364
Merit: 101
On your roadmap it says that the launch of the exchange with fiat gateway is in q1. Are you still on the schedule?
full member
Activity: 658
Merit: 102

even if they have collected less than their expectations, i believe that the funds are sufficient to complete the project, nobody can say in advance whether or not it will be successful, is very valid but we must see the market reaction at the launch...

The true art is to use what you got as efficiently as you can and i am sure Jarvis team has a good basis and a great team to make it happen. The question is if how fast will community accept another new exchange.  
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