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Topic: [SNT] Official Status Network Speculation - page 86. (Read 157628 times)

full member
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Co founder & CMO SocialX
newbie
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Did anyone found sth about the founders Carl (Matthew Edgar) Bennetts and Jarrad Hope?

I only found twitter profiles and linkedin profiles. On the linkedin profiles I couldn't find any previous projects or anything. The thing I noticed though was that the experience confirmations of both Jarrad and Carl where all from the same group of people (in each profile, no cross-profile-relations), so there was very little distribution in them. I don't really use linkedin but that seemed weired to me.

On the plus the project is open source, but I didn't looked at the code so far, anyone else here?

The registered Company is the swiss 'Status Research & Development Gmbh' which has Patrick Karl Storchenegger, Carl Matthew Edgar Bennets and Jarrad Hope listed as managing directors. Storchenegger is working at a few other companies including law consultations and the swiss SPB TV SA which is a provider of "end-to-end OTT TV, IP TV and mobile TV solutions for video content delivery to multiscreen devices" (https://en.wikipedia.org/wiki/SPB_TV).

€dit:

One previous company of both Carl and Jarrad was CAJ Media (http://cajmedia.co.uk/ http://nzlcompany.com/company/caj-media-limited-cr9Q http://www.nzcompanygo.com/Caj-Media-Limited-2463230/) which was registered from 14 May 2010 to 07 Jul 2011 in New Zealand and seems to be registered in London now.
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thecryptoconsultant.com
sorry guys, I miss a 0 earlier in the thread saying there will be only 50m coins.

About 12 M CHF = about 12 MUSD

1ETH = about 300 USD

12 000 000 / 300 = 40 000 ETH to be raised

1ETH = 10 000 SNT

40 000 * 10 000 = 400 M SNT

If price of ETH goes to 250 USD then 480 M SNT

If price of ETH goes to 350 USD then 340 M SNT


Hope this helps,

Victor


member
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max is 360 Million coins? Similar to SONM then. If so, you're getting a much better deal here with 10,000 SNT for your 1 eth. This looks like it aims to allow common people to utilize the best of the ethereum network on their phones? Looks great tbh, tell me how I'm missing this 1?
full member
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50 Millions, are you sure? We get 10000 SNT for 1 ETH, so the crowdsale is over after 5000 ETH?

Well it is writen in their whitepaper that "The number of SNT created depends on the amount of contributions received by the
smart contract."

And also: "The Contribution Period will run for a period of 14 days, or within 24 hours of reaching the
first ceiling, of 12M CHF (Swiss Francs) equivalent in ETH, having been reached.
"

By doing math you will know that for reaching the ceiling 36444.54 ETH must be invested so there will be 364.440 m Status tokens at maximum.
newbie
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50 Millions, are you sure? We get 10000 SNT for 1 ETH, so the crowdsale is over after 5000 ETH?

if this gets widespread interest, then expect the same issue as Bancor ICO;
MEW nodes crashing, purchases hung pending, followed by cancelled tx and money returned a few hours after ICO closes, with loss of fee.
an ICO team get rich, while stating you lost out because their network suffered 'massive attacks'
and no one in the US is welcome to join it... because they might sue them.



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50 Millions, are you sure? We get 10000 SNT for 1 ETH, so the crowdsale is over after 5000 ETH?
sr. member
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Anybody's got a link to the ICO?
sr. member
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Provide high-quality Chinese translation
it seems the ICO is not open to US?
sr. member
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Provide high-quality Chinese translation
I think it seems promising. I need to look into it some more, but the idea of WeChat on Ethereum sounds like a winner.

The main thing that has impressed me has been their approach to the ICO. I've been pretty aghast at recent ICOs; I think some of them abuse the current overheated climate and are ruthlessly exploitative. Status on the other hand, they've gone to huge lengths to do the best they can to ensure proper decentralisation by handicapping whales. What they want is success of the project, not just instant $$$. If there's one thing that instils me with confidence, it's this.


Agreed. I can't trust a team who is too greedy
sr. member
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50 million sounds awesome to me.

I think 10 million is the sweet spot, but that's me!
sr. member
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50 million sounds awesome to me.
jr. member
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What is the total amount of coin?

This thread has only one page and yet you ask a question that has already been answered Huh o_O

50m !
sr. member
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What is the total amount of coin?
sr. member
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Best Crypto / Online Casino Writing Services
Some of my friends offer me to contribute this project and i explore the project. It seems good and the developers gave confidence. I wish success to developers.
sr. member
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I think it seems promising. I need to look into it some more, but the idea of WeChat on Ethereum sounds like a winner.

The main thing that has impressed me has been their approach to the ICO. I've been pretty aghast at recent ICOs; I think some of them abuse the current overheated climate and are ruthlessly exploitative. Status on the other hand, they've gone to huge lengths to do the best they can to ensure proper decentralisation by handicapping whales. What they want is success of the project, not just instant $$$. If there's one thing that instils me with confidence, it's this.
newbie
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Not heard of Status before, I see it is launching 3 days from now.

Thanks for the heads up, going to look into it.
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thecryptoconsultant.com
A status is like tomorrow's operating system in a mobile world where ethereum is like electricity
B Kin, but no worry because its a closed environment so Kin won't go viral
C after 150 m for Bancor an ico for 12m is cheap
D yes I will
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thecryptoconsultant.com
About 50 m, there is a new cap system to prevent big whales to have big positions. The system is set up so ethereum lovers are going to hold on to the coin. They aim to have quality contributors who will care about the product.

They plan to raise about 12 m usd.

Victor
sr. member
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Total supply anyone?
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