social networks today occupy a significant part of our time, I think the project will be in demand by users. Only I had a question, why do you run Ico, if you already have your social network that is fully working?
The platform is in it's early stages of development. Yes we worked very hard until now but the platform needs much development and promotion.
Ie I correctly understand that you are collecting investments only for the development of the project? Tokens will not be used on your platform?
It's strange, but no one answers this question. It is not clear where tokens will be used. Most likely this is just an advertising move to obtain investment. So that you do not just send them the amount of money, they just replace you with tokens.
I really hope that the developers will still answer this question, because it remains unclear why tokens are needed and whether they will have some value after Ico.
Maybe whitepapers can answer your questions, also I am sure that listing in good exchanges will be announce the soonest after all their plans have finished. We just need to wait more.
The whitepapers usually are generic bullshit about the coin making it sound 100x better and more useful than the coin will ever be. It's rarely anything worth reading
Then I have a question, why write a white paper and do any documents about the coin? If on a total, then what is written there is complete nonsense and does not coincide with the coin that was released?
I don't think that the whitepapers are "generic bullshit", because it's an important part of an upcoming and live platform to review how and why they are creating that one right? It's worth reading if you're really interested about the project.
As a person who read the whitepaper let me answer this question, but it's based on the info that I read the whitepaper and not my personal opinion.
I think the question is why an investor buy their token during ICO?
Well, according the whitepaper, HIVEWAY will only accept their token for advertising on the platform or for any other service, this means if any advertiser wants to start Advertising Campaign on the platform, he will need to pay with WAY TOKEN since he can't pay with fiat or any other currencies. So it will be demand on that token on trading platform if the project become popular.
Having that said, WAY token does not represent an ownership right or claim in the hiveway ecosystem.
Disclaimer form the whitepaper :
The hiveway Token sale represents a voluntary contribution towards the execution of this product vision by its current and future team. The Way Token does not grant any direct equity stake nor profit sharing. It does not represent an ownership right or claim in the hiveway ecosystem, revenues or intellectual property, either present or future. Despite hiveway team’s best efforts and diligence to bring this project forward, all contributors should be aware that their contributions are not refundable and accept the inherent risk of project failure at any stage of development. This implicit risk is associated with any and all uncertainty of backing cutting-edge. technologically-focused entrepreneurial projects, and can be affected by either internal or external factors that are out of the control scope of the team. Additionally, contributions may be subject to any applicable compliance regulations. The Way Token can be used in the hiveway platform, with a corresponding utility value inside such ecosystem. The Way Token does not qualify as a security and does not provide a contributor equity share in the legal structure of any of the hiveway entities.