Topic: Where to Invest Bitcoin - ArchVentures SA, Portugal (ARCH) (Read 2924 times)
Edgar Soares is getting ready to assemble the Moby, and it seems there's some sort of news crew in the background.
No idea but lets say we sell 500 Mobys over the first slow year (Our economist says 1000-2000 so I'm playing it safe) , this would represent about $30,000,000 of capital, not counting any special orders, merchandising, piers or any capital from our other Ventures like BlockTrust...Take the revenue and multiply it by 4 years (simple math used to calculate a company's net worth)
Let's say 1/3rd excluding expenses... Thats about $40,000,000
Let's say 1/3rd excluding expenses... Thats about $40,000,000
Someday...
I speculate the next set of pictures we will see panels of Moby being assembled.
Here is where Moby will be assembled:
Lift for boats
Lift for boats
UPDATE:
To stop wasting company’s finances, according to Edgar Soares, head of ArchVentures SA (ARCH), the company will stop supporting any crypto-related ventures, with the exception of its functioning token network and existing wallet client, unless projects are presented with concrete and profitable business plans which should also be in-line with the company’s goals.
Although investments have been made in 3D printing and Virtual Reality equipment, the company has concluded that the industry is still small and such technologies still have a long way to go. Soares also said that investors should not expect any major developments in the above mentioned niches until further notice.
He added that the company needs to focus all its resources to its main product development and core business.
MOBY PROJECT
With regards to the single build contract for five Moby units and a docking pier, it is still on track; however in Algarve (the site’s location), proper procedures are required before getting into the construction phase, Soares said.
For the Algarve site, licenses and shore protection plans are required by the National Maritime Authority http://www.amn.pt/. Issuance of permits may take up to six months, he said.
MOBY FINANCE ESTIMATES
Mr. Soares estimated that the final cost for the Moby project, including proper marketing and resources will be around $1million USD.
QUESTIONS AND ANSWERS WITH EDGAR SOARES
Q: Who owns 50% of Funny Pyramid?
Company structure and documents were shared publicly. I currently own 90% and Hélio Mascarenhas owns 10%. At the time we register ArchVentures S.A., 50% of my shares of FunnyPyramid Lda will be attributed to the holding company.
Q: I hear boat manufacturers are among Arch Ventures’ partners in the Moby project, is that true?
Yes, this is a common procedure to insure the reduction of expenses with prototyping and share expertise from teams in the industry.
Q: Who will be the officers of ArchVentures SA?
Me and the ones that exchange their tokens for Arch shares.
Q: Don’t shareholders have a say on who will lead the company?
I will lead Arch until everyone votes otherwise or I step down.
Q: When will we be able to exchange coins for shares (date)? How will it work exactly?
The first exchange period will be around 360 days after Arch launched as intended, although there might be a 1 or 2 month, regarding that timeframe. I want that period to start right after our €600,000 plus Portugal2020 funding is approved. Between November 2015 and January 2016. It will be very simple with a KYC procedure where each CEO shareholder will receive a contract stipulating how many Arch they are exchanging and what shares they are getting in return. Since they are bearer bonds, after we receive the signed contract, the bonds will be sent to the shareholder or be available for pickup at our home office.
Q: I hear listing in the Portuguese stock market is in the works, when will these happen? Is it true that the listed price per one Arch share is around 50 U.S. cents? Who determines the initial par value of each stock?
Any company, especially if it’s an S.A. can be listed in the stock market. Although it is a possibility, I have no idea yet if that is a good or bad option financially. That will be eventually brought into discussion with the shareholders and voted on.
Q: Corporate structures include dividends, when will Arch bond holders get their dividends? Quarterly or annually?
Every 6 months according to Portuguese regulations, just like any other company.
Q: If dividends are distributed to Arch bond holders, what about the revenue for token holders?
Token holders will take revenue from the predictable volatility of each sale according the Arch whitepaper.
Q: Can token holders exchange for bonds anytime after the initial bond exchange?
Yes, tokens will be exchangeable for shares anytime during the exchange periods, as long as the amount is 32,000 tokens and above. Exchange periods will last 1 month, twice a year, one way and require full KYC for legal purposes.
Q: Once we have shares and it’s a regulated market there are concerns that CEO-Lounge is insider trading. How can this issue be solved so it’s not illegal?
According to the Arch whitepaper and since the disclosure is made to the ones legally responsible/authorized to receive that information, aka CEOs, we comply with SEC regulations. Sales are just normal financial ledgers.
https://www.sec.gov/rules/final/33-7881.htm
Q: How come you have not shared any photo or a hint of the Moby construction since last year?
Because it would be pointless “hopium” and just partial sections of pieces of sandwich fiberglass panels. Anyway, Moby is being built in a shipyard together with many other projects and using systems that the shipyard is uneasy about revealing. That’s why we are focused on getting the mold done properly to move to an independent warehouse and have proper coverage of the building process.
Q: Roughly how much does a Moby cost?
Prototype will cost around $100k - that includes molds, tests and no mass orders of components and core materials. We are aiming for the final production version to cost around $50k.
Q:What's this supposed expectation of coming news within the next weeks? When it seems that continuous delays is expected more.
Coming news will be related to Moby through local media and architecture magazines, also I'll share some data (roadmap) from the Portugal2020 project submission and also the budget and contract for the five pre-sold Mobys to CEOs only.
Q: You mentioned something about a provision for CEOs who'd sell a Moby to someone. Have you made any plans how this would work in detail?
Too early to define commissions. We don't have enough financial data
Q: I seem to recall (though I could be wrong), that you once mentioned that there were 13 Mobys pre-sold. What happened to the other eight?
Yes, five in the Algarve and eight for Douro River. But those last ones don't have any signed contract yet and we are still in negotiations.
Q: You said you only need to scan proof to prove. Why can't the proof of presale be shown to people who invested with the company, such as the CEOs?
It can now that we know the procedures regarding licensing. I'll be doing exactly that in the upcoming days.
Q: Let's face it. ArchVentures is primarily architectural in nature. Can't the company generate income from designing buildings and stuff?
I'm not a fan of putting energy into other projects atm. Architecture would imply other resources and take precious time from our main product.
Q: You say you need 600BTC to put money for Portugal2020 funding. Where do you plan to get this money with the June 24 deadline so close?
From my own balance
Q: if you are now trying to put us back into realistic perspectives, why did you spend April and early May creating unrealistic ones?
I just shared what information I had. Even if they were optimistic. The fact that I would need to submit a project to local authorities was not a surprise, only the 6 months they say it takes to approve it.
Q: Saw that the plan is for moby to cost $50k. Is this build cost or consumer pricing? What is the estimated profit margin of a single Moby sale?
Build cost for a single unit. Multiple can go as low as 35k depending on finishings and extras. Possible profits will be in the 2020 report. 50 to 80% imo
Q: Will you ever make a roadmap for Moby?
2020 submission has all the information and roadmaps needed
Q:Why was there not more research done on the feasability of a 3D printing enterprise before purchasing?
That's why we bought a mid range printer, to test the technology. Its still too early to use it commercially.
Q: 150k needed for 2020, you said you have the money several weeks ago, but you dodge that question later.
There is nothing to dodge or add. The team and company was made on the basis of having enough capital to take it forward. I will prefer not to use my own money, of course. Hence, the funding rounds we are looking for.
Q: What did you mean when you said arch will no longer invest further in crypto and client and projects?
Means that until crypto takes a step forward technology wise, investing is throwing money out the window. There is no money in crypto at the moment, maybe after the summer we can reevaluate this option.
Q: If 2020 funding fails then how will the required funding come and you said last month you can show moby after 2020 maybe without the molds. Why did you say that?
Portugal2020 Program is not an application subject to "opinionated approvals". It's pretty much a guaranteed approval subject to many rules and third party regular inspections regarding fund use.
Q: Did you expect the price of arch to react this harshly after your introduction letter?
Not at all. I didn't expect my letter to be so badly misinterpreted and called a scammer because of it.
KICKSTART CAMPAIGN
Q: When will it start? Still July 2015? What is the incentive for backers/buyers?
Incentives will vary from low range products like the lamp to mid level Stays at the prototype or any already constructed Moby, to the highest level incentive, which is pre-ordering a Moby itself.
Q: Those sexy desk lights, will they be available on Kickstarter for people who don't go full Moby too?
Yes, that has always been the plan.
To stop wasting company’s finances, according to Edgar Soares, head of ArchVentures SA (ARCH), the company will stop supporting any crypto-related ventures, with the exception of its functioning token network and existing wallet client, unless projects are presented with concrete and profitable business plans which should also be in-line with the company’s goals.
Although investments have been made in 3D printing and Virtual Reality equipment, the company has concluded that the industry is still small and such technologies still have a long way to go. Soares also said that investors should not expect any major developments in the above mentioned niches until further notice.
He added that the company needs to focus all its resources to its main product development and core business.
MOBY PROJECT
With regards to the single build contract for five Moby units and a docking pier, it is still on track; however in Algarve (the site’s location), proper procedures are required before getting into the construction phase, Soares said.
For the Algarve site, licenses and shore protection plans are required by the National Maritime Authority http://www.amn.pt/. Issuance of permits may take up to six months, he said.
MOBY FINANCE ESTIMATES
Mr. Soares estimated that the final cost for the Moby project, including proper marketing and resources will be around $1million USD.
QUESTIONS AND ANSWERS WITH EDGAR SOARES
Q: Who owns 50% of Funny Pyramid?
Company structure and documents were shared publicly. I currently own 90% and Hélio Mascarenhas owns 10%. At the time we register ArchVentures S.A., 50% of my shares of FunnyPyramid Lda will be attributed to the holding company.
Q: I hear boat manufacturers are among Arch Ventures’ partners in the Moby project, is that true?
Yes, this is a common procedure to insure the reduction of expenses with prototyping and share expertise from teams in the industry.
Q: Who will be the officers of ArchVentures SA?
Me and the ones that exchange their tokens for Arch shares.
Q: Don’t shareholders have a say on who will lead the company?
I will lead Arch until everyone votes otherwise or I step down.
Q: When will we be able to exchange coins for shares (date)? How will it work exactly?
The first exchange period will be around 360 days after Arch launched as intended, although there might be a 1 or 2 month, regarding that timeframe. I want that period to start right after our €600,000 plus Portugal2020 funding is approved. Between November 2015 and January 2016. It will be very simple with a KYC procedure where each CEO shareholder will receive a contract stipulating how many Arch they are exchanging and what shares they are getting in return. Since they are bearer bonds, after we receive the signed contract, the bonds will be sent to the shareholder or be available for pickup at our home office.
Q: I hear listing in the Portuguese stock market is in the works, when will these happen? Is it true that the listed price per one Arch share is around 50 U.S. cents? Who determines the initial par value of each stock?
Any company, especially if it’s an S.A. can be listed in the stock market. Although it is a possibility, I have no idea yet if that is a good or bad option financially. That will be eventually brought into discussion with the shareholders and voted on.
Q: Corporate structures include dividends, when will Arch bond holders get their dividends? Quarterly or annually?
Every 6 months according to Portuguese regulations, just like any other company.
Q: If dividends are distributed to Arch bond holders, what about the revenue for token holders?
Token holders will take revenue from the predictable volatility of each sale according the Arch whitepaper.
Q: Can token holders exchange for bonds anytime after the initial bond exchange?
Yes, tokens will be exchangeable for shares anytime during the exchange periods, as long as the amount is 32,000 tokens and above. Exchange periods will last 1 month, twice a year, one way and require full KYC for legal purposes.
Q: Once we have shares and it’s a regulated market there are concerns that CEO-Lounge is insider trading. How can this issue be solved so it’s not illegal?
According to the Arch whitepaper and since the disclosure is made to the ones legally responsible/authorized to receive that information, aka CEOs, we comply with SEC regulations. Sales are just normal financial ledgers.
https://www.sec.gov/rules/final/33-7881.htm
Q: How come you have not shared any photo or a hint of the Moby construction since last year?
Because it would be pointless “hopium” and just partial sections of pieces of sandwich fiberglass panels. Anyway, Moby is being built in a shipyard together with many other projects and using systems that the shipyard is uneasy about revealing. That’s why we are focused on getting the mold done properly to move to an independent warehouse and have proper coverage of the building process.
Q: Roughly how much does a Moby cost?
Prototype will cost around $100k - that includes molds, tests and no mass orders of components and core materials. We are aiming for the final production version to cost around $50k.
Q:What's this supposed expectation of coming news within the next weeks? When it seems that continuous delays is expected more.
Coming news will be related to Moby through local media and architecture magazines, also I'll share some data (roadmap) from the Portugal2020 project submission and also the budget and contract for the five pre-sold Mobys to CEOs only.
Q: You mentioned something about a provision for CEOs who'd sell a Moby to someone. Have you made any plans how this would work in detail?
Too early to define commissions. We don't have enough financial data
Q: I seem to recall (though I could be wrong), that you once mentioned that there were 13 Mobys pre-sold. What happened to the other eight?
Yes, five in the Algarve and eight for Douro River. But those last ones don't have any signed contract yet and we are still in negotiations.
Q: You said you only need to scan proof to prove. Why can't the proof of presale be shown to people who invested with the company, such as the CEOs?
It can now that we know the procedures regarding licensing. I'll be doing exactly that in the upcoming days.
Q: Let's face it. ArchVentures is primarily architectural in nature. Can't the company generate income from designing buildings and stuff?
I'm not a fan of putting energy into other projects atm. Architecture would imply other resources and take precious time from our main product.
Q: You say you need 600BTC to put money for Portugal2020 funding. Where do you plan to get this money with the June 24 deadline so close?
From my own balance
Q: if you are now trying to put us back into realistic perspectives, why did you spend April and early May creating unrealistic ones?
I just shared what information I had. Even if they were optimistic. The fact that I would need to submit a project to local authorities was not a surprise, only the 6 months they say it takes to approve it.
Q: Saw that the plan is for moby to cost $50k. Is this build cost or consumer pricing? What is the estimated profit margin of a single Moby sale?
Build cost for a single unit. Multiple can go as low as 35k depending on finishings and extras. Possible profits will be in the 2020 report. 50 to 80% imo
Q: Will you ever make a roadmap for Moby?
2020 submission has all the information and roadmaps needed
Q:Why was there not more research done on the feasability of a 3D printing enterprise before purchasing?
That's why we bought a mid range printer, to test the technology. Its still too early to use it commercially.
Q: 150k needed for 2020, you said you have the money several weeks ago, but you dodge that question later.
There is nothing to dodge or add. The team and company was made on the basis of having enough capital to take it forward. I will prefer not to use my own money, of course. Hence, the funding rounds we are looking for.
Q: What did you mean when you said arch will no longer invest further in crypto and client and projects?
Means that until crypto takes a step forward technology wise, investing is throwing money out the window. There is no money in crypto at the moment, maybe after the summer we can reevaluate this option.
Q: If 2020 funding fails then how will the required funding come and you said last month you can show moby after 2020 maybe without the molds. Why did you say that?
Portugal2020 Program is not an application subject to "opinionated approvals". It's pretty much a guaranteed approval subject to many rules and third party regular inspections regarding fund use.
Q: Did you expect the price of arch to react this harshly after your introduction letter?
Not at all. I didn't expect my letter to be so badly misinterpreted and called a scammer because of it.
KICKSTART CAMPAIGN
Q: When will it start? Still July 2015? What is the incentive for backers/buyers?
Incentives will vary from low range products like the lamp to mid level Stays at the prototype or any already constructed Moby, to the highest level incentive, which is pre-ordering a Moby itself.
Q: Those sexy desk lights, will they be available on Kickstarter for people who don't go full Moby too?
Yes, that has always been the plan.
Condolences?
Moderators,
This is not an altcoin.
This is not an altcoin.
My condolences. I am sorry for your loss.
Poor ArchVentures.
This thread used to be here https://bitcointalk.org/index.php?board=78.0 and moved here https://bitcointalk.org/index.php?board=67.0 and then announcements? https://bitcointalk.org/index.php?board=159.0
ArchVentures is like Overstock with its cryptobonds or crypto securities.
This thread used to be here https://bitcointalk.org/index.php?board=78.0 and moved here https://bitcointalk.org/index.php?board=67.0 and then announcements? https://bitcointalk.org/index.php?board=159.0
ArchVentures is like Overstock with its cryptobonds or crypto securities.
Moderators,
This is not an altcoin.
This is not an altcoin.
what can i get if i hold ARCH ?
how long must i hold it ?
how long must i hold it ?
You get to sell higher when imminent large market buy-ups comes after sales notification - Think of how multi-pools works.
It is still the early days as the flagship project (Moby) is still being built for mass production and marketing. You can hold it until it's converted to corporate shares or hold forever as its value increases. It's up to you.
just notification iam not get any dividen ?
do you know about ambercoin ?
we can get some deviden in 1month/1year and that fiat (with BTC estimates)
hendra147, you can get dividends. But not now since the company has yet to generate income from sales and plans to be publicly-listed are in the works - also dividend distribution from traditional shares will most likely happen after an annual stockholder's meeting or a sales report.
Let's consider ArchVentures Sa has no bitcoin investment or crypto aspect. At this phase of the business, it is still a privately-owned company and it is still building its main products. So there's no revenue coming in yet until the first sales reports. At the end of a fiscal year (annual company report), every private stockholder gets their dividend.
So, the current price of its shares (represented by the token) are purely speculative and heavily dependent on market sentiment.
Once the main product is out, the shares will most likely be more expensive.
what can i get if i hold ARCH ?
how long must i hold it ?
how long must i hold it ?
You get to sell higher when imminent large market buy-ups comes after sales notification - Think of how multi-pools works.
It is still the early days as the flagship project (Moby) is still being built for mass production and marketing. You can hold it until it's converted to corporate shares or hold forever as its value increases. It's up to you.
just notification iam not get any dividen ?
do you know about ambercoin ?
we can get some deviden in 1month/1year and that fiat (with BTC estimates)
I invest in both Arch and Ambercoin, since i'm a supporter of future development of decentralized venture/company idea.
In my opinion you can't compare them, the difference is to huge to start comparing them, While Arch are the closest thing to decentralized company platform available in cryptosphere, Ambercoin still not making any effort to make the venture and company more professional, Amber didn't even have proper channel of communication from shareholders with the company beside bitcointalk thread, there are also no offer of shares ownership format beside property acknowledgment letter from the company which is not suitable form of company shares ownership, and they didn't even register the company correctly according to UK law to start issuing shares, the company operator/staffs also still hiding their identity.
The only thing they offer is quarterly dividend pay out in fiat/btc, i will hold my investment in Amber as i still have hopes in the idea and the company may change their approach and proceeding in the future, however comparing Arch and Amber is impossible at the moment since Arch already few level above in term of legality, communication, the company program and planning, funding, etc
what can i get if i hold ARCH ?
how long must i hold it ?
how long must i hold it ?
You get to sell higher when imminent large market buy-ups comes after sales notification - Think of how multi-pools works.
It is still the early days as the flagship project (Moby) is still being built for mass production and marketing. You can hold it until it's converted to corporate shares or hold forever as its value increases. It's up to you.
just notification iam not get any dividen ?
do you know about ambercoin ?
we can get some deviden in 1month/1year and that fiat (with BTC estimates)
Each and every "investment" that has promised returns in BTC while seeking profits in fiat has failed. There are no exceptions. You do not know what Bitcoin volatility will bring, so promising to "Triple your BTC" immediately leads investors to think that 1) you don't know what you're doing, or 2) you are seeking to scam. At the very least it shows you are unprepared to accommodate the investors you are seeking to reel in.
No exceptions...Such a sweeping statement there when every thread in this section seeks only to cannibalize BTC from each other (mining, trading, and gambling). Arch doesn't actually need Bitcoin-based investors. The company already have non-crypto core investors and is currently working on getting funds from the German government through its funding program. Arch will use the extra funding to build large-scale production lines.
FYI, Arch price has already risen 23x. Many of the earliest investors are very happy and the Moby project is yet to start selling. Anyway, according to a co-holder, the title sounded HYIP to the highly sensitive. So, I changed it to reflect what Arch aims to be.
What I meant is, if you have 250 bitcoins to distribute you are not going to distribute them equally between shareholders, you will use those bitcoins to pump archcoin, that doesn't look very good, people that for some reason cannot be online in that period of time cannot profit.
And for someone to 'collect their dividends' they have to sell their holdings, am I missing something?
Like OgNasty pointed out, bitcoin/fiat is always a huge factor to take into consideration.
And for someone to 'collect their dividends' they have to sell their holdings, am I missing something?
Like OgNasty pointed out, bitcoin/fiat is always a huge factor to take into consideration.
I'm sure you've heard of the multipool system where the pools regularly buy the coin to build buy pressure. Constant and consistent sales will ensure that the price will not downtrend long-term. You can buy at any price level before equilibrium and still sell in profit. Anyway, this mechanism is a workaround to the legalities of crypto-securities, which you know is close to non-existent.
In any case, this policy of buybacks is not etched in stone. Holders can decide if it doesn't work. If crypto-tokens don't work for you, you can exchange them to traditional shares and receive annual dividends like typical companies if an opportunity arises.
Each and every "investment" that has promised returns in BTC while seeking profits in fiat has failed. There are no exceptions. You do not know what Bitcoin volatility will bring, so promising to "Triple your BTC" immediately leads investors to think that 1) you don't know what you're doing, or 2) you are seeking to scam. At the very least it shows you are unprepared to accommodate the investors you are seeking to reel in.
I think it's quite clear to see here that assuming the products are a success, investing in ARCH now will be profitable in the near/not so distant future. Regardless of the value of BTC in fiat.
I don't think andreibi said "immediately" anywhere.
If I promise I will give you a billion dollars, the fact it won't be done immediately doesn't make me any more equipped to give you a billion dollars. The OP started his pitch with a promise that no fiat business can make. Therefore he...read my above statement.
Claiming a coin x will be at certain price at certain amount of time, or BTC will be at x value at certain time is impossible imho.
But what I understood from arch is that this BTC price fluctuations are actually having 0 impact to the price of the Arch coins ( arch Tokens, what's in a name
). Let's say one Moby cost around 25k EUR, when it gets sold and is payed for 50% of this money is flowing back to arch market as the company buys back a part of its shares. Whether the price of BTC is 500$ or 250$ doesn't actually matter at that point, as the 12,5k Euro buyback is a buyback from fiat to ARch.
For me the decision to invest in arch was actually made quite easily, I looked at market cap, looked at arch price at moment of entry, calculated where the price most likely would end up if they would be able to sell some of these Moby's and it was very clear to me at that point I wanted to give this project a try. So far it has already exceeded my expectations and I've got the feeling it's gonna continue that trend for quite a while as they didn't even start the media and kickstarter campaigns yet (+ possible EU2020 funds coming in)
But hey, these are just my personal opinions, everyone should make his own calculations and risk assessments before investing hard earned (or easy earned) money
Each and every "investment" that has promised returns in BTC while seeking profits in fiat has failed. There are no exceptions. You do not know what Bitcoin volatility will bring, so promising to "Triple your BTC" immediately leads investors to think that 1) you don't know what you're doing, or 2) you are seeking to scam. At the very least it shows you are unprepared to accommodate the investors you are seeking to reel in.
I think it's quite clear to see here that assuming the products are a success, investing in ARCH now will be profitable in the near/not so distant future. Regardless of the value of BTC in fiat.
I don't think andreibi said "immediately" anywhere.
If I promise I will give you a billion dollars, the fact it won't be done immediately doesn't make me any more equipped to give you a billion dollars. The OP started his pitch with a promise that no fiat business can make. Therefore he...read my above statement.
Each and every "investment" that has promised returns in BTC while seeking profits in fiat has failed. There are no exceptions. You do not know what Bitcoin volatility will bring, so promising to "Triple your BTC" immediately leads investors to think that 1) you don't know what you're doing, or 2) you are seeking to scam. At the very least it shows you are unprepared to accommodate the investors you are seeking to reel in.
I think it's quite clear to see here that assuming the products are a success, investing in ARCH now will be profitable in the near/not so distant future. Regardless of the value of BTC in fiat.
I don't think andreibi said "immediately" anywhere.
All serious shareholders (holding 8,000 tokens above) gets informed real-time.
IPO was done almost 9 months ago. Which desired funds? IPO funds? The IPO funds are mostly being used for the Moby project. Pumping the coin? There are no pumps, only revenue sharing when income comes in. However, you can choose by end of 2015 to convert to traditional shares.
There are over 100 shareholders with the largest holdings. How is that unfair when some companies only have less than 10 shareholders? ArchVentures has the most distributed number of shares in the cryptospace, unlike others which clearly can control market price.
IPO was done almost 9 months ago. Which desired funds? IPO funds? The IPO funds are mostly being used for the Moby project. Pumping the coin? There are no pumps, only revenue sharing when income comes in. However, you can choose by end of 2015 to convert to traditional shares.
There are over 100 shareholders with the largest holdings. How is that unfair when some companies only have less than 10 shareholders? ArchVentures has the most distributed number of shares in the cryptospace, unlike others which clearly can control market price.
Sorry I didn't read it well, I thought you were now trying to raise the 150k euros.
Quote
ArchVentures is required to put up €150,000 as show money for the grant. The company will use the funds raised during the initial offering of ArchVentures last year.
What I meant is, if you have 250 bitcoins to distribute you are not going to distribute them equally between shareholders, you will use those bitcoins to pump archcoin, that doesn't look very good, people that for some reason cannot be online in that period of time cannot profit.
And for someone to 'collect their dividends' they have to sell their holdings, am I missing something?
Like OgNasty pointed out, bitcoin/fiat is always a huge factor to take into consideration.
Each and every "investment" that has promised returns in BTC while seeking profits in fiat has failed. There are no exceptions. You do not know what Bitcoin volatility will bring, so promising to "Triple your BTC" immediately leads investors to think that 1) you don't know what you're doing, or 2) you are seeking to scam. At the very least it shows you are unprepared to accommodate the investors you are seeking to reel in.
May i know what do we get from having 8k tokens? Also are we talking about having 8k arch coins or what?
I'm planning to buy more in the next week or month..
I'm planning to buy more in the next week or month..
Yes, 8k archcoins. It gets you minimum access to Arch's trading platform (wallet) which has tiered access to several rooms.
ARCH HQ [ 8000 ARCH approx. 0.05% of total supply ] In-wallet messaging channel through which privileged information is relayed:
- ARCHcoin Development Notification – Know about developments, project status and project announcements before release to the general public.
- Private channel – Trade information sharing between anonymous shareholders
- Pair_bots – Know what coins are listed/delisted before anyone else
- Price_bots – Know any coin price from all the major exchanges and compare.
- Whale-Spotter – Know when buy/sell walls over 10 BTC are added to any crypto-currency on the watch list
ARCH Trading Room [ 16000 ARCH approx. 0.1% of total supply ]
- In-wallet sales notification feed: Real Time Order Processing Notification (with sound) - Know when/what
purchases/orders are made on any of the ARCHprojects and be informed of imminent market buy ups.
ARCH CEO [ 32000 ARCH approx. 0.2% of total supply ]
- In-wallet multi-purpose voting system: Valid stakeholders will have in-wallet voting rights on all topics opened for discussion at the website or being discussed on the ARCH HQ channel, regarding the future investments of ArchVentures or any decision pertaining to investment options, project choices, blockchain changes and even changes to minimum stakes values.
Please do take note: customizing Bitcoin QT-wallet technology do take time. Security of information needs to be penetration tested. So, the platform is not yet in its final form. I urge every 8k archcoin holder to sign up to https://archhqchat.slack.com/ by filling up the form here https://docs.google.com/forms/d/1r4YnaH0w292zgUuiWkhjAamZPNmJ7J9r3rU0tZ4vdq0/viewform
what can i get if i hold ARCH ?
how long must i hold it ?
how long must i hold it ?
You get to sell higher when imminent large market buy-ups comes after sales notification - Think of how multi-pools works.
It is still the early days as the flagship project (Moby) is still being built for mass production and marketing.
how to join or Invest in ARCH ?
PM me for detail
iam interesting to buy and hold more ARCH
Please PM me
PM me for detail
iam interesting to buy and hold more ARCH
Please PM me
Arch shares are readily available here
https://bittrex.com/Market/Index?MarketName=BTC-ARCH
Once, you have around 8,000 tokens or more. Keep it in your own Archcoin wallet and register here https://docs.google.com/forms/d/1r4YnaH0w292zgUuiWkhjAamZPNmJ7J9r3rU0tZ4vdq0/viewform
Once you have joined Arch HQ, you will be able to get updates from the company in real-time.
May i know what do we get from having 8k tokens? Also are we talking about having 8k arch coins or what?
I'm planning to buy more in the next week or month..
how to join or Invest in ARCH ?
PM me for detail
iam interesting to buy and hold more ARCH
Please PM me
PM me for detail
iam interesting to buy and hold more ARCH
Please PM me
Arch are readily available here
https://bittrex.com/Market/Index?MarketName=BTC-ARCH
Once, you have around 8,000 tokens or more. Keep it in your own Archcoin wallet and register here https://docs.google.com/forms/d/1r4YnaH0w292zgUuiWkhjAamZPNmJ7J9r3rU0tZ4vdq0/viewform
Once you have joined Arch HQ, you will be able to get updates from the company in real-time.
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