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Topic: ICO startup ..help needed for African based ICO (Read 289 times)

newbie
Activity: 27
Merit: 0
Good Morning to anyone following this thread

We have discussed internally our options and we decided to start with testing the feasibility and reliability of launching our token on the waves platform. testing starts today.
newbie
Activity: 27
Merit: 0
Maybe to validate my identity except for the email you can find me on LinkedIn at

https://www.linkedin.com/in/atkins-mac-lourens-49b554100

Hope this will give more value towards our goal as being transparent the other members will be announced shortly as the project gets on its feet

newbie
Activity: 27
Merit: 0
Cos we need help as stated and cannot supply fiat at this time to a development team we then exchange shares like tokens to our community members instead like a bounty to who ever help with the development of the ICO. I think in this way everyone will prove their worth and worth towards the project and token value in a whole. We will need a white paper but this is easy said then done. I'm researching this currently on how to structure such paper but it's going slowly as a good white paper is really expensive and or offer ain't that sweat. Hope someone who reads this understand why we are willing to give away shares instead and aren't greedy at the negotiation table when we discussing the amount willing to receive
newbie
Activity: 27
Merit: 0
Hi all we are on our way but at the moment I'm currently at a location with limited availability to the internet.. This is Africa
newbie
Activity: 98
Merit: 0
This project is quite promising!!!
newbie
Activity: 23
Merit: 0
Interesting project. I will be waiting for more information, let's see another comment this project before enjoying this  & how this project will turn out.
newbie
Activity: 24
Merit: 0
'm interesting to this project and i want to be a part of it. From which point I can start? I hope to answer me soon... Thanks!
newbie
Activity: 27
Merit: 0
What is spec. about the coin?

Do you want to know how much will be in circulation and the amount going to be distributed and how it will function and the platform we would like to issue it on?
newbie
Activity: 27
Merit: 0
Does this reward available in supermarket in the future whats your plan to implement this world wide?
egretia

we are not gone make empty promises, for at this time all African countries don't see this as a way of payment as its against the law to print currency or even using it as legal tender. The token is gone operate on the ethereum blockchain and be classified as a utility token for the time being changing it later to a equity token for investors to get dividends from the project thus raising its core value before taking it to major exchanges where the true value of the token  will be decided.
hero member
Activity: 1022
Merit: 500
What is spec. about the coin?
newbie
Activity: 27
Merit: 0
Interesting...so basically I would stick to clean energy, I can't see how the other two relate. Africa is ripe for blockchain projects, but you're going to have to be 5 steps ahead of gov't. Anything that they can't control, they'll want a part of or shut down completely. Because most African countries don't have crypto regulation you'll fall into a grey area so to speak and I think you should use that to you're benefit. Play it smart, but be safe.

The solar energy is going to supplement mining machines the electricity needed to make a profit for it stands now it will be very difficult in getting the license to put power into the grip but its still an open source worth exploring when the infrastructure is in place. secondly transport if plausible running on a renewable source would also be an idea worth exploring to increase the profit gab on the scheme.
newbie
Activity: 27
Merit: 0
it's hard to understand what you want to give to anyone? do you have any website?

need to be cryptic on the way forward as we cant reveal the whole picture on the forum.
member
Activity: 168
Merit: 10
Does this reward available in supermarket in the future whats your plan to implement this world wide?
egretia
newbie
Activity: 5
Merit: 0
Interesting...so basically I would stick to clean energy, I can't see how the other two relate. Africa is ripe for blockchain projects, but you're going to have to be 5 steps ahead of gov't. Anything that they can't control, they'll want a part of or shut down completely. Because most African countries don't have crypto regulation you'll fall into a grey area so to speak and I think you should use that to you're benefit. Play it smart, but be safe.
newbie
Activity: 12
Merit: 0
Yeah, Nice idea to help your country people and you are on right place only. Even i will try to help you for the digital marketing of your ICO and technical terminology.
Good Luck.
jr. member
Activity: 98
Merit: 1
it's hard to understand what you want to give to anyone? do you have any website?
newbie
Activity: 27
Merit: 0
Okay waiting on reply from our financial institutions on the subject of ICOs in our country
newbie
Activity: 27
Merit: 0
and the reason for this thread is to get the people who might want to be involved to the initial idea in helping us create this.. I've seen a lot of ICO's that started with no funding to become successful and scam people out of a lot of money this here is an legit afford to start a company without borders and rewards to investors who really want to try to succeed. I was scammed into buying tokens that later withdraw there dividend promise into nothing when they could have used there funding to register accordingly afterwards but didn't take the time to do so.
newbie
Activity: 27
Merit: 0
Okay so here I stand and what you guys think

I'll start off by offering Utility token to the public or to the crypto world which would suggest that the Company will share its dividends with its users in a future set date after certain conditions are met Like for example getting all the smaller pieces in place like financing a lawyer and a auditor to the company for assessment registering the company according to the IPO Act of Namibia after this when all goals are met and the infrastructure is in place the whole utility token would then change to an equity Token that will pay users dividends on the block-chain because the infrastructure might be huge or medium in size depending in the initial investment 6 months might be an okay arrangement for these premises to be constructed in meantime the company can then try to met the government agreement on the conditions we should meet before we can pay dividends so for faster roll-out for our coin the utility token will serve as a kick-started to the private company that can get the funds to operate then publicly when funded to transforming a CC registered company with funding into a public company later on. For me this makes sense in my opinion.

Please don't hesitate to comment on the above
newbie
Activity: 27
Merit: 0
Have you considered to maybe register your organization in one of your neighboring countries that perhaps have a further advanced stance or maybe is more accommodating towards cryptocurrencies? The more advanced a government's view is of crypto the more certainty you have. South Africa might be a good choice.

The plan now is to get this project launched in our local country Namibia and trying to get the law makers on-board the project and thus maybe getting the ICO into the public eye in our country and being as transparent as possible to show the positive side of ICO and the benefits and ability to start projects funded through block-chain we will maybe need to have hard copies of the transactions too as some doesn't believe in the security of such funding and funds that might get hacked or lost during the funding period like what happened with some tokens then this hard copy can act as a fallback and peace of mind for the older investor.
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