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Topic: red pulse ICO worth it? - page 25. (Read 41781 times)

sr. member
Activity: 1372
Merit: 264
September 08, 2017, 12:48:35 AM
Just got an email saying the ICO is postponed. Even though Chinese citizen were banned from the ICO, they still want to make sure they comply with all rules and regulations in place.

I wonder what's next..
This is never good news even if they want to comply with the law and that is good, the fact that the ico has to be postponed is a red flag, if you already invested see if you can get your money back because I think this is not the right time to invest in an ICO, let the dust settle a bit and see what comes out of it.

I also received an email that we can still join out mainland China, We just need to provide our information that were not living in China and i think US if i am not mistaken. The ban is only temporary which means they can still continue the project after this.

I'm expecting the value of Neo will rise up again affecting the Red Pulse ICO.
sr. member
Activity: 686
Merit: 250
September 07, 2017, 11:26:37 PM
Just got an email saying the ICO is postponed. Even though Chinese citizen were banned from the ICO, they still want to make sure they comply with all rules and regulations in place.

I wonder what's next..
This is never good news even if they want to comply with the law and that is good, the fact that the ico has to be postponed is a red flag, if you already invested see if you can get your money back because I think this is not the right time to invest in an ICO, let the dust settle a bit and see what comes out of it.
sr. member
Activity: 1022
Merit: 391
September 07, 2017, 04:57:49 PM
Exact. for them it does not change anything but for investors it is better a low Neo price, so there may be a greater gain in the future.
The model to be followed for Red Pulse will be Bloomberg .... we hope we can become her boyfriend in Asia!  Wink
full member
Activity: 155
Merit: 100
September 07, 2017, 04:49:32 PM
I do not think much of NEO's change for them, because they still have to reach 15m $ .... for them it does not change if NEO is $ 10 or $ 50.

For ICO postponed it was good because at least they expect the Chinese details and regulation to be charitable.

But the project will benefit if investors will pay when NEO is low, so they can sell higher later Wink
newbie
Activity: 4
Merit: 0
September 06, 2017, 07:54:56 AM
They seem to have a good team and have already developed customers in big institutions. How could it not go well for them once they have sorted out the regs stuff in China?
newbie
Activity: 9
Merit: 0
September 06, 2017, 07:37:52 AM
the one hour block is amazing! i wanted to join monetha but it went sold out in 15 minutes..great hype on this
sr. member
Activity: 1022
Merit: 391
September 06, 2017, 07:23:44 AM
I do not think much of NEO's change for them, because they still have to reach 15m $ .... for them it does not change if NEO is $ 10 or $ 50.

For ICO postponed it was good because at least they expect the Chinese details and regulation to be charitable.
newbie
Activity: 25
Merit: 0
September 06, 2017, 07:03:30 AM
I've got a strange feeling that Red Pulse postponed the ICO because of the NEO price tanking. They know they need the NEO price to be as high as possible and the recent China news has thrown a spanner in their works.

I think Red Pulse is Honk Kong anyway, plus they never allowed Chinese citizens to register in the first place.

newbie
Activity: 49
Merit: 0
September 06, 2017, 05:57:17 AM
I prefer a postponed ICO that a messy ICO. They talk about it, communication is ok. I don't think we need to worry about that.

I think they're doing very well on the communication end of things. Today they let us know that due to community demand there will be a one-hour cap on the token sale.

You're allowed to contribute up to $1000 of NEO once in the first hour of the ICO. After that hour, you are allowed to contribute once again with a cap of $50k. I think that's fair for everyone. Very well done listening to the community!
my thoughts exactly they have been great at communicating whats going on right now in china and how its effecting their plans. Im happy as now i have more time to accumulate cheap neo for the ico and due to the 1hour cap as mentioned above il also have a much better chance of getting some tokens. Win fucking win whats everyone complaining abought🤑
full member
Activity: 476
Merit: 100
September 06, 2017, 03:38:21 AM
I prefer a postponed ICO that a messy ICO. They talk about it, communication is ok. I don't think we need to worry about that.

I think they're doing very well on the communication end of things. Today they let us know that due to community demand there will be a one-hour cap on the token sale.

You're allowed to contribute up to $1000 of NEO once in the first hour of the ICO. After that hour, you are allowed to contribute once again with a cap of $50k. I think that's fair for everyone. Very well done listening to the community!
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
September 05, 2017, 02:34:24 PM
I prefer a postponed ICO that a messy ICO. They talk about it, communication is ok. I don't think we need to worry about that.
full member
Activity: 686
Merit: 108
September 05, 2017, 02:19:28 PM
Doesn't have a date that it's been postponed to yet. i recieved this email from them though :

Thank you for your patience regarding recent regulatory announcements. After consulting with our financial and legal advisers, Red Pulse will be postponing the RPX sale. We are not cancelling the sale, but are planning to spend more time to better understand the current regulatory environment. Red Pulse is headquartered, incorporated, and registered in Hong Kong SAR. Our KYC process excludes Mainland China, U.S., and Singapore citizens from participating in the RPX sale. The KYC form will be closed on September 7, as planned.

That being said, we want to ensure we are 100% compliant with all related regulations and policies before moving forward. We are consulting with tax, advisory, and legal professionals that have prior experience with ICOs, and will do everything in our ability to ensure we are operating according to government policies and legal boundaries.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
September 05, 2017, 10:52:16 AM
Hey guys, about the postponing of the ICO, they just want to make sure everything is in order, and i'm sure they also want the Chinese people to be able to invest so they're probably trying to sort that out. No worries, nothing has changed about the company, don't lose your confidence in this project
sr. member
Activity: 504
Merit: 259
September 05, 2017, 09:12:09 AM
and what will happen to ico? Will they transfer it to another time or register in another country?

It's just postboned.
This is probably a good thing. They might even be able to re-open the ICO for Chinese citizens.
full member
Activity: 350
Merit: 133
SIMPLE SHOPPING AND SAFE PAY
September 05, 2017, 08:44:23 AM
and what will happen to ico? Will they transfer it to another time or register in another country?
full member
Activity: 476
Merit: 100
September 05, 2017, 06:34:14 AM
Just got an email saying the ICO is postponed. Even though Chinese citizen were banned from the ICO, they still want to make sure they comply with all rules and regulations in place.

I wonder what's next..
newbie
Activity: 28
Merit: 0
September 05, 2017, 03:39:05 AM
No worries.

I see it everywhere - people don't realize that the company may be super successful in the future, while the token could go to 0 at the same time.

It is $15 million funding while retaining 100% ownership and control with no risk.

The only reason why they want to issue own token is free money, nothing else. At the same time it could produce good return, because crypto world is not logical Smiley

edit: also large number of people here mentions $15 million cap ... wrong... $15 million for 40% of the tokens = $37.5 million market cap
sr. member
Activity: 504
Merit: 259
September 05, 2017, 03:34:48 AM
yes I said Red Pulse the company could very well become off similar value. Should have been more clear on that, my apologies.
newbie
Activity: 28
Merit: 0
September 05, 2017, 03:26:53 AM
Bloomberg is worth like 22b. This could very well become off similar value on the long term.

While Red Pulse seems interesting ICO this kind of logic is wrong.

Bloomber is worth 22b, even Red Pulse may be worth 22b in few years. BUT Red Pulse token price has 0,- relation to Red Pulse's company valuation.

You don't own "share" of the company by buying in the tokens.
sr. member
Activity: 504
Merit: 259
September 05, 2017, 03:03:49 AM
Bloomberg is worth like 22b. This could very well become off similar value on the long term.
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