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Topic: [SPK] Quintessence Neighborhood - Project canceled, reimbursement underway - page 19. (Read 40395 times)

legendary
Activity: 2576
Merit: 1073
What is the exact deadline for 17% bonus? I know it is today, but at which time of the day exactly?
legendary
Activity: 1120
Merit: 1000
Is this something similar that i have heard about CYC too?

Quote
It is expected that such a large-scale project as Quintessence requires a certain amount of resources to make it happen; crowdfunding also allows people to take part in the action at a low price early on. For these reasons, this System starts with a crowdfunding effort. The ICO starts on September the 12th; the tickets to participate in this project are the Crypto Bullion (CBX) coins, which you can purchase from Cryptopia or Yobit.

Quote
We think that this crowdfunding that requires many CBX could have a positive effect on the value of CBX while it is taking place, and after; this is part of the plan, as we want to build value for the Quintessence System. Depending on how CBX's value evolves, it is possible we could accept as many as 250 000 CBX or more in this program, so we gather the resources necessary to make this project happen.

Yes, it looks the same... so you can join SPK buy using CBX coins?
legendary
Activity: 1696
Merit: 1008
Changing initial money offer to approximately 100 million SPK is not a big change; it is still compatible with current White Papers/proposition setup. What would be an issue however is CBX/SPK convertability; who would keep CBX for staking and earning 8-12% when they can switch to SPK and earn 30%-45% once 15% inflation PoSP is applied to SPK. People would send all their CBX to SPK, and we want to keep CBX as the investment leg of the Quintessence Neighborhood.

But CBX target is only 250k, and CBX total circulation is about 1m. SPK at 100m is still a hundred times more than CBX. Or maybe I'm not understanding all the implications.

High PoSP interest for SPK would not necessarily mean people would trade out CBX. As we know, high PoS rewards = high inflation - it is a trade off. High inflationary currency encourages spending as holding it is not suggested because every day the value is diluted. CBX would continue to serve the function of being a very low inflation storage of wealth and SPK would attract the traders and stakers that want to take advantage of the high inflation of the early years of the project. I think it is a good idea.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Changing initial money offer to approximately 100 million SPK is not a big change; it is still compatible with current White Papers/proposition setup. What would be an issue however is CBX/SPK convertability; who would keep CBX for staking and earning 8-12% when they can switch to SPK and earn 30%-45% once 15% inflation PoSP is applied to SPK. People would send all their CBX to SPK, and we want to keep CBX as the investment leg of the Quintessence Neighborhood.

But CBX target is only 250k, and CBX total circulation is about 1m. SPK at 100m is still a hundred times more than CBX. Or maybe I'm not understanding all the implications.
hero member
Activity: 812
Merit: 500

Hi
Few minutes ago I was created an account on cryptotokens ICO.
Immediately got verification e-mail.
Did finished the prosses to activate my account. And tried to log-in.
But unfortunately the website telling me your account not activate yet!
Please, help me to log-in..

Thanks!
legendary
Activity: 2226
Merit: 1014
love this coin and hight trusted dev! Thanks , i was one  the earlyer ico partecipant! Thanks dev
legendary
Activity: 894
Merit: 1064
84k invested in the Quintessence ICO. I see the signature campaign has also been improved. I voted for option number 3 in the poll which appears to be the popular consensus.

Changing initial money offer to approximately 100 million SPK is not a big change; it is still compatible with current White Papers/proposition setup. What would be an issue however is CBX/SPK convertability; who would keep CBX for staking and earning 8-12% when they can switch to SPK and earn 30%-45% once 15% inflation PoSP is applied to SPK. People would send all their CBX to SPK, and we want to keep CBX as the investment leg of the Quintessence Neighborhood.

If option 3 becomes the template, I would suggest restarting the ICO with the same payout structure and applying the 30% bonus to all that have invested so far as well as those that participate in the restarted Day 1.

Yes, resetting the ICO is a possibility that has to be examined, since in this case we would be changing the offer.

I don't think the original start had the effect that was intended and perhaps the new parameters (if they are selected) in accordance with a more effective signature campaign could help to make this project take off.

The Quintessence Signature campaign initially was not rewarding enough to entice many people into participating, so we increased the payout. At current much higher levels (and still not much participation), CBX sig campaign is costing us 550 CBX per week, however. Some competing signature campaigns are investing huge amounts in this and I don't know how they plan to recoup this investment but this is what we have to live with.

Just my opinion, I really want to see Quintessence happen!

That's exactly what this thread is for - we put our ideas together and see how we can improve things...
legendary
Activity: 894
Merit: 1064
Nice project by Quintessence.

Waiting for more updates and remaining bounties as promised. Still 5 days to end ICO and still investors have chance to get 17% bonus.

Quintessence is making innovative platform for payment solutions. Great vison of Quintessence – Decentralized, Multi Blockchain Currency ! Already many of big name are connected with CBX.

Long Live Crypto Bullion.

There are 3 more weeks to the Quintessence ICO; 17% bonus ends today...
legendary
Activity: 1397
Merit: 1022
84k invested in the Quintessence ICO. I see the signature campaign has also been improved. I voted for option number 3 in the poll which appears to be the popular consensus.

If option 3 becomes the template, I would suggest restarting the ICO with the same payout structure and applying the 30% bonus to all that have invested so far as well as those that participate in the restarted Day 1. I don't think the original start had the effect that was intended and perhaps the new parameters (if they are selected) in accordance with a more effective signature campaign could help to make this project take off.

Just my opinion, I really want to see Quintessence happen!
hero member
Activity: 2128
Merit: 520
Nice project by Quintessence.

Waiting for more updates and remaining bounties as promised. Still 5 days to end ICO and still investors have chance to get 17% bonus.

Quintessence is making innovative platform for payment solutions. Already many of big name are connected with CBX.

Long Live Crypto Bullion.
this will make a huge impact after the ico SPK together with cbx would be a great investment for earnings. 3 days to have a chance to grab still 17% of spk. good luck guys.
hero member
Activity: 1568
Merit: 502
Nice project by Quintessence.

Waiting for more updates and remaining bounties as promised. Still 5 days to end ICO and still investors have chance to get 17% bonus.

Quintessence is making innovative platform for payment solutions. Great vison of Quintessence – Decentralized, Multi Blockchain Currency ! Already many of big name are connected with CBX.

Long Live Crypto Bullion.
sr. member
Activity: 473
Merit: 250
need scarcity with PoSP
voted for 100 Millions ..
sr. member
Activity: 259
Merit: 250
Voted for 1 billion
legendary
Activity: 1696
Merit: 1008
What do we do with tokens?

As an example: Ether, the coin of Ethereum is a token. It is the fuel that runs the Ethereum network. This is in addition to all the functions that it shares with traditional cryptos like Bitcoin.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
What do we do with tokens?
hero member
Activity: 1302
Merit: 540
Thank you to all friends of this Quintessence project! Your voices will be taken under consideration, you all can be sure of one thing: SPK will be OUR token.

We have increased substancially CBX payout to Signature program - effective immediately, check it out!

https://bitcointalksearch.org/topic/payouts-increased-quintessence-signature-campaign-1601270
still making hard decision to swap my cbx since both coins have big potentials but i think spk would have an edge
new coin with big potentials in the crypto industry.

Yes Spark will have an edge over CBX
just needed to asses where to place your side cbx is a big project and spk is a token so the mere fact that cbx can grow as well i think both will have good opportunity good luck,.
full member
Activity: 174
Merit: 100
Yesterday opinions were shared. Today a trend seems to be emerging

100 million SPK with 15% yearly, PoSP gains for 2 years, 1% thereafter
sr. member
Activity: 1022
Merit: 280
Thank you to all friends of this Quintessence project! Your voices will be taken under consideration, you all can be sure of one thing: SPK will be OUR token.

We have increased substancially CBX payout to Signature program - effective immediately, check it out!

https://bitcointalksearch.org/topic/payouts-increased-quintessence-signature-campaign-1601270
still making hard decision to swap my cbx since both coins have big potentials but i think spk would have an edge
new coin with big potentials in the crypto industry.

Yes Spark will have an edge over CBX
hero member
Activity: 2128
Merit: 520
Thank you to all friends of this Quintessence project! Your voices will be taken under consideration, you all can be sure of one thing: SPK will be OUR token.

We have increased substancially CBX payout to Signature program - effective immediately, check it out!

https://bitcointalksearch.org/topic/payouts-increased-quintessence-signature-campaign-1601270
still making hard decision to swap my cbx since both coins have big potentials but i think spk would have an edge
new coin with big potentials in the crypto industry.
legendary
Activity: 894
Merit: 1064
Thank you to all friends of this Quintessence project! Your voices will be taken under consideration, you all can be sure of one thing: SPK will be OUR token.

We have increased substancially CBX payout to Signature program - effective immediately, check it out!

https://bitcointalksearch.org/topic/payouts-increased-quintessence-signature-campaign-1601270
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