Topic: Tezos discussion - page 220. (Read 215718 times)
Sorry, tezos has a separate forum? nothing happens here...
the founders have said that they will be converting all ICO token (BTC, ETH) donations to fiat. why?
They plan to use these funds to help further the development of the token according to this:
I've read the Tezos whitepaper and their paper for the Tezos VM. Definitely an interesting project that I will be personally following
the founders have said that they will be converting all ICO token (BTC, ETH) donations to fiat. why?
Probably because they're more stable and it makes more sense to hold. Do you remember what happened to the Ethereum foundation? They held some of their ICO funds in Bitcoin, then the rice plummeted to around 300 USD (luckily it went back up). All that value gone because they held it on BTC. The safer move would be to hold fiat since all your expenses are in fiat.
the founders have said that they will be converting all ICO token (BTC, ETH) donations to fiat. why?
Good hoker only cash accepting usd or euro
ico delay give chance to get more btc?
btc price higher each day more and maybe no one want to put into tezos if more delay
btc price higher each day more and maybe no one want to put into tezos if more delay
yes,, maybe this is the reason,
because when the BTC price is rising all BTC holders most likely hold their BTC
and new money will come to cryptocurrency because of this,,
I'm the community manager for Tezos. I work with the foundation.
Fundraiser has been postponed a few weeks. Explanation is here: https://www.tezos.ch/.
I don't use BitcoinTalk too much, but I'll try and get back here more often to direct people to answers for their questions.
Our Reddit (https://www.reddit.com/r/tezos/) is quite active though!
Fundraiser has been postponed a few weeks. Explanation is here: https://www.tezos.ch/.
I don't use BitcoinTalk too much, but I'll try and get back here more often to direct people to answers for their questions.
Our Reddit (https://www.reddit.com/r/tezos/) is quite active though!
Could you answer this please:
From that slack transcript:
--
soporificprose So their 30% discount was based on the price of BTC at that point? That would make it a much bigger actual discount yo current BTC to 5,000 TZE
breitwoman @soporificprose pardon? no, it was all denominated in dollars
the sale is denominated in BTC
--
Good to know the Pool B investment was all denominated in dollars. What will be the BTC/$ rate for their investment? And the rate for the $422k of bonuses etc in Pool C?
As the sale is denominated in BTC, we need to know the BTC/$ rate that will apply. Would make sense if it was the rate at the time of the TGE start, May 22nd 6am UTC, is that the case?
--
soporificprose So their 30% discount was based on the price of BTC at that point? That would make it a much bigger actual discount yo current BTC to 5,000 TZE
breitwoman @soporificprose pardon? no, it was all denominated in dollars
the sale is denominated in BTC
--
Good to know the Pool B investment was all denominated in dollars. What will be the BTC/$ rate for their investment? And the rate for the $422k of bonuses etc in Pool C?
As the sale is denominated in BTC, we need to know the BTC/$ rate that will apply. Would make sense if it was the rate at the time of the TGE start, May 22nd 6am UTC, is that the case?
The early backers (Pool B) are getting the same deal as if they converted dollars to BTC at midnight and then contributed in the first day. It's 5000 XTZ per BTC plus a 20% bonus at the last close of the BTC price as reported by Coindesk. Pool C also receives the same ratio.
Thanks for the answer
the founders have said that they will be converting all ICO token (BTC, ETH) donations to fiat. why?
NEMs distribution was comparatively inexpensive. Many people got it free. Thats the way to ICO a coin. No developer in the crypto space deserves millions of dollars until the coin proves itself which is what NEM did. Too many people take the money and run.
Can you list which projects' developers took the money and ran? I don't think we've seen a lot of that after 2015. I could be wrong tho, so please enlighten us. I want to invest in Tezos but I'm still thinking about it.
It's only a donation. Not an investment or even an ICO. People are constantly reminded about that on reddit. Technically they don't have to give you anything after the donation. Not even tezzies.
They're just setting up legal layers to protect themselves in case sh*t goes down and the SEC comes knocking on every ICO platforms' doors telling them to stop or else. I'm just evaluating the whole situation here but I think Tezos is trying to set everything up as safe as possible for themselves (especially) and the token holders. They may have learned a thing or two from their competitors mistakes and may have seen legal lapses in the way the other platform's organization is set up. Better to be safe than sorry.
I totally agree with, if you look at the terms of most of these ICOs, they are only protecting themselves and not the investors, now Tezo team is talking this greed to another level. I think something drastic needs to be done to check this excesses of these developers before we experience another Tulip bubble and will set the ecosystem years back
what language tezos will use to program smart contracts?
This project, and this of radix of course, is imho the most promising at the moment... This projects without signature/facebook/twitter campaign can attract much people, simply with their good and promising project
And this, my friends, is like a very huge dildo ICO scam works...
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Will tezos use wings platform? 3This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Tezos will not be using Wings, no.
WINGS FOR BIRDS
And this, my friends, is like a very huge dildo ICO scam works...
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Will tezos use wings platform? 3This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Read the damn white paper, position paper and their website moron!
ico delay give chance to get more btc?
btc price higher each day more and maybe no one want to put into tezos if more delay
btc price higher each day more and maybe no one want to put into tezos if more delay
this project is amazing. I am waiting new ico date.
it can be new Ethereum,
they delayed ico bcz to solve some legal problems.
it can be new Ethereum,
they delayed ico bcz to solve some legal problems.
And this, my friends, is like a very huge dildo ICO scam works...
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Will tezos use wings platform? 3This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Tezos will not be using Wings, no.
And this, my friends, is like a very huge dildo ICO scam works...
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
Will tezos use wings platform? 3 This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
And this, my friends, is like a very huge dildo ICO scam works...
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
This is the reason for WINGS to change the ICOs world in the near future.
If an ICO is not in WINGS, will be shit scam.
WINGS will become the ICOs standard
looks interesting, will wait for the official announcement.
Do we have the concrete date for fund raising?
Posted on: Today at 04:25:45 AM Posted by: tokeweed
Not yet. They've postponed to June but no more details than that.
Posted on: Today at 04:25:45 AM Posted by: tokeweed
Not yet. They've postponed to June but no more details than that.
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