/biz/ - Business & Finance

enjin, get in quick before it sells out enjincoin.io

Motherfucker, you lost ELIX too

https://mainsale.powerledger.io/

You got 2 days left, make them count

>>3717952
Also this

>>3717919
Exchange? How much? Moon? Prediction?

>>3717906
Silly toast it's xcn and shift now.

Also daily reminder that tulip mania is a 5 eyes fabricated psyop

>>3717919

enjin seems like the best ICO within a big timespan. No better at the moment.

Some people are worried about the bonuses in the presale, but there were 4200+ tx's with most being below 10 ETH (no bonus), decent amount claiming 5% and just a handful above 200 eth (15%). No whales.

>>3717906
>missed the link ico
This shit will easily do 80 cents soon fag

>>3717906
there's one very promising ico coming up but i'm keeping it a secret because it has a whitelist.

>>3718076
never said i didnt buy it, just not at ico you tit.
>>3717993
dont like the look of their team desu
>>3717952
thats more like it, gonna buy some thanks

You are new here. People don't shill icos until after the sale. It's quite the opposite. You will have to research them. Also get off biz this place has been going downhill for months. Even Reddit is a better source of info. Sad times

>>3718094
Eat a bag of Dick's

>>3717919
Beginner here, do you have to pledge them an entire ether or can you send a portion of an ether and receive an equal amount of enjin?

>>3718168
hahah jelly fag. i'll make sure to shill the coin and dump 10x on you after i've accumulated enough.

>>3718175
would also like to know this

>>3718175
>>3718422

Can send any amount, if you check the contract logs on Ethplorer https://ethplorer.io/address/0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c you can see recent transactions that are below 6000 ENJ (1 ETH worth)

>>3718467
what are you expecting the price to be after the pre-sales over?, dump like a brick as soon as it hits exchanges etc?

>>3718520
Nigger if he knew he'd be rich as fuck. ICOs are a gamble

>>3717906
well, too bad anime-chan went missing. I bet she'd have something juicy for us

>>3718659
Anime-chan is a dumb slut. She shilled some terribad icos and the only ones she got right were the obvious ones everyone was already hyped on.

whats the difference between Enjin, DMarket, and the other game item ICOs?

>>3718672
you mean like Chainlink and Obsidian when nobody was paying attention to them?

>>3718672
I miss her

>>3718672
your problem dipshit, anime-chan always tells us LONG FUCKING TERM things, not her fault you got burned by the biz pump

>>3717906
>Redpulse
>Wanchain
>Request

>>3718725
the ones who knew about them kept quiet, you retard. just like how we're keeping quiet on the next chainlink/odn/kyber.

>>3717952
I'm an amerifat, will I get fucked up the ass if I just send 1 or 2 ETH?
>>3718672
She hasn't been wrong once, the BMC ico was her biggest fault and she always said it was a long hold
>>3718759
redpill Wanchain pls

>>3718746
I didn't get burned by anything. I research my own ICOs and follow my own judgment. Playing the long game with shitcoins is dangerous anon.

Can't believe you fags blindly follow a fat roastie that posts anime girls as her gimmick.

>>3717906
REQUEST & WANCHAIN.
U welcome.

>>3718784
It's a great step into the adaptation of cryptos to the normie economy.
>payments
>delivers
>crofunding
All in a decentralized way.

>>3718836
dude crypto infrastracture layer is not ready for mass adoption, when do you people realise this. Example on eth: First you need to speed up the network: Plasma, Raiden, Casper then build all the neccessary infrastructure layer on top of it -> chainlink, some security protocols. Then you can have proper mass use cases like payments, banking services etc

Airswap

>>3718759
holy three of this shit month - you know whats good anon

>>3718659
*Hai hai!~*

Sorry, I've actually been kinda busy here and there. A weird mix of diving more into crypto, making new contacts via discord (where I am more active) and real life, etc.

Anyways, I *have* been keeping an eye on upcoming ICOs. It certainly helps that ODN and LINK have done well (though I fear they're being pumped right now), and that the market seems to be heating up after the whole China thing.

Right now I'm planning on throwing a big amount into Airswap.

>>3718804
yeah because playing with Bitcoin is safe as buying Govt bonds

>>3718890
It’s a solid project and I fully intend to go balls deep anon.

See you on the moon.

>>3718890
FUCK NOOOOOOOOOOO WHY DID YOU REVEAL OUR SECRET ICO

>>3718890
Why air swap?

>>3718725

I bought into Chainlink and Obsidian during presale due to anime-chan shilling it. They were super under the radar for a while. I'm sitting comfy right now with 3x for each of those ICOs

>>3717906

>>3718915
Well anon, its not exactly "secret" given the hype going around. I mean, the CEO Michael Oved was a partner at Virtu, a high-frequency trading firm. He used to run their North American, South American, and European cross-border trading desks and is a bit of a living legend. In an article that appeared on Bloomberg about Airswap (see below), it mentions that "Virtu gained fame for only losing money on a single day from 2009 to 2014 as it matched buyers and sellers in stocks, bonds, futures and currencies.”

In other words, this is a project led by something of a well-known guy who has Wall Street experience about how markets actually work and wants to create a decentralized exchange tailor-made to attract institutional market participants. Wall Street trading crypto ho!~
>https://www.bloomberg.com/news/articles/2017-09-28/upending-digital-currency-market-is-next-act-for-ex-virtu-trader

Then are the advisors. I'm starting to place a bigger premium on the advisors and connections that a project has since the bar for ICOs keeps on getting higher and higher. In Airswap's case, they hit it out of the park. Their advisors include:
>Joseph Lubin, one of the co-founders of Ethereum and the man responsible for Consensys (which is backing Airswap), a blockchain-focused software company that is expanding its reach everywhere. If any of you use MetaMask, you're using a Consensys product.
>Bill Tai (aka "KiteVC"), who has invested 110 start-ups (of which 19 went public and 20 were acquired), is well connected to Silicon Valley and Harvard, and was a lead investor and is a board member of BitFury (that huge blockchain company).
(cont).

>>3718951
>Brock Piere, the Chairman of the Bitcoin Foundation, co-founder of Blockchain Capital (BCAP), and more. Since he was a founding board member of Mastercoin, which invented the ICO, you could say we're all benefiting from his work in some ways.
>Clifford Hart, the former Ambassador to Hong Kong and Macau for the US. Since Airswap is Hong Kong based, that means solid local political connections (and according to rumors, a sign of a smooth transition to a Binance listing).
...and many others. Connections and backing galore!~

All of this means that Airswap is getting big media hype and institutional interest. Aside from the aforementioned Bloomberg article, there is an interview/article with CNBC, an interview with The Blockchain Show, a piece in the Hong Kong Oriental Daily, a recently announced partnership with Digix (DGX), and more.

>https://www.cnbc.com/2017/09/29/airswap-wants-to-build-a-cryptocurrency-exchange-by-selling-a-digital-token.html
>https://www.youtube.com/watch?v=7P_Ri28DgkU
>http://www.theblockchainshow.com/45-founders-of-swap-don-mosites-michael-oved/
>http://hk.on.cc/hk/bkn/cnt/finance/20171003/bkn-20171003220207408-1003_00842_001.html
>https://medium.com/@Digix/airswap-and-digix-dev-partnership-5b11600f3f51


And I still haven't covered what Airswap itself does!

>>3718951
>>3718988
DELET THIS

>>3718988
>>3718951
any idea if AirSwap will be using LINK for their oracles by any chance?

So Airswap is another decentralized exchange.

HOWEVER...

It different in that it uses the Swap protocol (https://swap.tech/whitepaper/)), which means that instead of an order book (like ever normal exchange) that could be manipulated or front-run (think of all those bots, whales, fat finger orders on Etherdelta) people exchange their assets hand-to-hand at the same via indications of interest. You're being invoiced the moment you request a trade depending on the oracle's output, while with an order book exchange you choose a price and place it in the book.

Basically, the easiest way to think of it is that what 0x is to Etherdelta then Airswap is to Shapeshift. So they're not necessarily in competition. Airswap themselves has published a nifty blog post where they compare themselves to other decentralized exchanges. You can read it here:
>https://blog.airswap.io/the-lay-of-the-land-in-decentralized-exchange-protocols-55ed00feb3df

The important take away is that Airswap is gunning after the over-the-counter (OTC) market for cryptocurrencies, which is growing and people think will explode as the ERC20 ecosystem keeps getting bigger. In non-crypto finance, OTC is huge and is one of the main ways that large institutions trade stocks, bonds, derivatives, etc. Because this is the model that banks and hedge funds use, Airswap seems to be betting that they'll be the exchange service of choice for them (again, this is where we rely on the CEO and his experience to know better).

(cont)

>>3717906
NOLINKER BTFO

>>3719038
Then there is Airswap's token, AST. Probably the best way is to compare to 0x's token, ZRX.

ZRX is used as transaction gas for swaps on their protocol. Their token was designed so that this gas fee is very cheap: think 2 or 3 cents plus a small percentage charged by the decentralized exchange being used (Radar Relay, the 0cean, Ethfinex, w/e). The more users that there are on these platforms then the more the need for ZRX will be (this is its a decent long term hold). However, a noted issue is that miners/stakers/relayers of tokens with a lower market cap coins prefer selling what they earn for one of the main cryptocurrencies. In this case, ZRX to ETH. That means that, over the long term, the supply of circulating ZRX remain constant (possibly increase once the advisors' and devs tokens are unlocked). So while ZRX will become more valuable, it may take awhile (though I'd still buy up more of it on the bet that the decentralized revolution will take off).

For AST though it's different. The token is used to "make" indications of interest to trade. You, as a user, just need to hold your AST and not trade it in order to use the platform (100 AST per 10 limit order, with 100 as the minimum needed - about 0.1 ETH in ICO pricing). And those tokens are locked up so long as the indication of interest is pending. The more tokens one has, the more indications one can make (read: incentive for big institutional players to buy a lot of the tokens). Because of this, AST's supply becomes scarcer continuously as the number of Airswap users increase. Also, the amount of AST locked-in is much larger per user compared to the transaction fees spent in ZRX by user 0x users. Lastly, since AST is held and ZRX really isn’t, none of the price boosts can be rapidly negated (read: it shouldn't be as volatile).

oh man, I need to liquidate something for this shit

>>3719092
Is the whitelist closed? I signed up for both email things they got going. Is it an open ICO?

>>3719107
Opens on 10/10, go to the Token page and request email updates. I just signed up for it, I just wish they'd add a listing for supply/pricing of the token itself.

>>3719122
do you know if there is any KYC? closed to US residents, chinese residents, etc?

>>3719009
>>3719107
This is one of the reasons why I'm talking about this *now*.

The bad news is that there will be a whitelist with KYC.

The good news is that it hasn't happened yet (it will between Oct 4th and 6th) AND it will be open to everyone except the Chinese. Yes, that means the Americans *CAN* participate in this.
>https://media.consensys.net/airswap-whitelist-registration-5f761659aa25

General terms:
>ICO is on October 10th
>token releases 1 week after the ICO (so October 17th if it sells out quickly).
>150,000 ETH ($45 million) hardcap
...which is a bit high (that Consensys-backed project premium) but probably worth it given the hype this is getting and the most important reason of all (will get to that in a moment)
>20% of tokens are being sold (if I recall correctly), with the rest going to developers, advisors, and being put aside for partnerships/promotions/etc. The tokens not being sold will be locked up, so no worry about them being dumped ASAP.


...oh, and the most important thing: the platform is ready for launch.

No, seriously! No waiting! The exchange is going to go live WITH the ICO. The CEO himself has said via Telegram that "We do have code and a product, we've been being testing it but mostly privately. Demos have been shown and v1 of the platform will be our token launch through our own protocol and software."
Demo vid for those interested:
>https://www.youtube.com/watch?v=uVSmuVeW3OY

So we'll be live from day 1! And the roadmap they recently released for future expansions, while a bit plain, shows that they intend to hit most of their targets relatively soon.
https://media.consensys.net/airswap-release-roadmap-6bc4d33f84cd

>>3719152
open to all except china. kyc required.

ah yessss my armpit fetish

>>3719168
That simple interface is good for the normie money, looks good

why would the tokens be valuable though?

>>3718759
I'm selling accounts of each, btw.

>>3719233
>You, as a user, just need to hold your AST and not trade it in order to use the platform (100 AST per 10 limit order, with 100 as the minimum needed - about 0.1 ETH in ICO pricing). And those tokens are locked up so long as the indication of interest is pending. The more tokens one has, the more indications one can make (read: incentive for big institutional players to buy a lot of the tokens). Because of this, AST's supply becomes scarcer continuously as the number of Airswap users increase.

>>3719168
is this similar to loopring?

>>3719168
Very nice lookin app, definitely caught my attention.

Somewhat unrelated but what's your opinion on BMC right now? I followed your advice on buying in and am still holding, I remember you said it was a long ass hold but I'm curious what your predictions are right now.

If you’re reading this, you’ve been in coma for almost 20 years now. We’re trying a new technique. We don’t know where this message will end up in your dream, but we hope it works. Please wake up, we miss you.

>>3719297
I like it here.

>>3719168
Is the whitelist simple as signing up on this site?
https://launch.airswap.io/
Anime-san I really appreciate the work you've done. Really inspiring, what we all should be doing. Okay everyone time to FUD the hell out of this ICO

>>3719297

I'm making lots of gains in this dream and will wake up once the fun stops.

>>3717906
>missed the link ico
You need to see this shit
https://www.bloomberg.com/news/articles/2017-10-03/hedge-funds-flip-icos-leaving-other-investors-holding-the-bag

Hedge funds are going to fuck you over

>>3719168
how do you find all these promising icos btw? There are so many, there's no way someone can research every single one

>>3719322
whitelist registration is tomorrow. don't miss it or else you're going to regret forever like the zrx whitelisting.

>>3719350
hopefully you have diarrhea and miss it.

>>3719350
do I need to join the telegram group for it? telegram doesn't work for me for some reason

>>3719364
if you're too dumb to figure out Telegram just give up now.

Just buy Ark holy shit

It's going supernova within 3 months

>>3719390
Why?

>>3718810
What's the code? Can't find it

>>3719347
if you are good, you can spot the good ones pretty fast

>>3719168

>20% of tokens are being sold (if I recall correctly), with the rest going to developers, advisors, and being put aside for partnerships/promotions/etc. The tokens not being sold will be locked up, so no worry about them being dumped ASAP.

Wew m8 this is big if true

>>3719347
Just buy the ones shilled by anime-chan. Hasn't done me wrong yet. Thanks anine-chan!

>>3719437
The roadmap has some huge goals they're meeting soon. Not to mention lowered tx fees

>>3719168

would you consider this a long term hold?

>>3718890

What about Request Network? I'm torn between that and AirSwap

>>3717919
This

>>3719233
As >>3719244 pointed out.

>>3719272
Loopring, as far as I know, is more comparable to how 0x works rather than Airswap. In fact, I've heard it literally been described as "Chinese 0x, and a cheap ripoff at that".

>>3719280
Still in on BMC and holding, though it hurts. But I did predict it was going to be a long term hold.

I'm a bit reassured by the fact that people still don't trust USDT and that Bitshares is being delisted from Bittrex. So if BMC comes up with a fiat-backed fund, they might be able to take over that space.

>>3719322
White list registration is tomorrow at 10AM EST. I *highly* suggest signing onto the Airswap Telegram to stay updated. I'd link it here, but 4chan thinks its spam.

>>3719347
I scour ICO watchlists, sign up to newsletters, etc.

Keep an eye on Consensys and Argon Group projects. Those two institutions seem to be intent on taking over the ICO by virtue of institutional backing and legal compliance.

Something to look into and a hint of future things to come: Leverj.

>>3719470
My bad, I checked and I was wrong.

30% is being sold to the public. Detailed here:
https://blog.airswap.io/airswap-token-ast-launching-october-10-7fec2d4dcf7b

>30% sold through October 10, 2017 (15% in presale to strategic purchasers, 2% in Beta Sale at a 20% discount, 13% in Main Sale)
>10% to Advisors and Partners subject to vesting and lockups
>10% to Founders subject to vesting and lockups
>10% for new Partnerships
>The remaining 40% will be locked for a minimum of 6 months

>>3719580
Also where can I follow your work? You have a Telegram group or anything?

where can we follow you?

>>3719580
pls do not leave us like this, tell me there's some way of following you

>>3717952
how much have they raised already ? It's uncapped right ?

>>3719580
bmc is a comfy hold my brother don't sweat, you'll be vindicated in the end

>>3719580
sounds like AST is to OTC what BNB was to centralized exchanges

i am still salty i did not get more BNB in their lottery ico

>>3718951
>>3718988
>>3719038
>>3719092
>>3719168
>>3719580
Wait, I know who you are. We've talked before outside of here. Makes me a little extra comfy now.

>>3719580

but what happens with thos 40 percent locked up?? devs get them?

This anime guy seriously says you will regret getting into airswap like people regret getting into Ox. ARE YOU FUCKING SERIOUS NOONE REGRETS MISSING OUT ON OX BECAUSE THAT SHIT DUMPED AFTER TWO WEEKS OF HITTING AN ACTUAL EXCHANGE AND HASNT RECOVERED SINCE

not to mention its volume is around 400k at times and well noone uses the fucking exchange

>>3719805
What are you even talking about?

>>3719805
0x is way above ICO.

>>3719805

u mad bro?


i'm still at 4x on ZRX. bought during ICO

keep doing the biz special

buy high sell low

>>3719805
you aren't going to make it anon

if powerledger is aussie, why did they do a scammy looking promo video in an american accent

>>3719580
I never really participated in a pre-sale. How do people pay for their tokens? By BTC or FIAT?

Also, where would the tokens be stored?

>>3719546
That is a tricky question. There is what was pointed out earlier (>>3719244), but there are other particulars. I mean, unlike Kyber and 0x, the exchange goes live ASAP. Throw in the fact the fact that its being marketed to Wall Street like crazy right now AND that their roadmap indicates a bunch of things coming up relatively soon.

So really, it depends on how much usage picks up once it goes live. I'll make a decision once I start seeing the numbers.

>>3719563
Technically I can't participate since I'm in the US. Trying to see if I can ride with someone. Might put in a minor amount, but I still need to make a firm decision.

However, a bit of notice: there are other ICOs coming up in October that haven't caught attention yet that are also promising. So I'm trying to be careful with my money.

>>3719596
>>3719614
>>3719624
Nothing yet, apart from being active in some discord servers. I'm increasingly being asked to consider setting up a newsletter of some kind.

>>3719679
Again, this is a project tailored to attract institutions. Just yesterday we learned that Goldman Sachs wants to get in on the Bitcoin trading game. And plenty of people believe Jamie Dimon talked shit about Bitcoin in an attempt to buy up a huge chunk when it was low.
>https://www.wsj.com/articles/goldman-sachs-explores-a-new-world-trading-bitcoin-1506959128
So I'm wondering what will happen when these types of players start wanting to seriously engage in ERC-20 OTC token trading.

>>3719709
Depends what the Airswap team wants to do. Incentive for partnerships, more fund raising for expansion plans, making sure there is a supply for institutional participants who want to buy in, etc. What is sure is that after 6 months, they'll be tradeable.

Keep in mind that most ICOs do something like this these days.

>>3719563

I just bought a whitelisted account. But realize I need to get through KYC first. If I get thorugh you can ride with me.

>>3719816
>>3719824
>>3719834
>>3719834
anime chan you can't same fag and barely act like different people. Ox is trash it dumped only after two weeks of hitting an exchange and the developers aren't even close to releasing a finished product. Theres a reason volume dropped from 2 million to not even a million in less than one month. No one is trading or buying your shilled shitcoin. We get it you bought up and sold at the tip while you convinced literal retards to buy in and hold your bags.

Like I always said to you from the begining your no different the pajeet shills who run amateur pump and dump groups through the shitcoins on bittrex. The only difference is you post an anime picture and double check your english

>>3719936
how can you be this awesome? teach me senpai

>>3719506
What has anime-chan shilled before? OMG? WTC?

>>3719970
Don't forget embrmines lol

>>3719970
he made me 40% on a few recommendations he could be a literal indian shill being payed off by ICOs and I wouldn't really care

https://uptoken.org/

get in DNM and VEN

>>3719980
Autism probably. The good kind.

>>3719936
"What is sure is that after 6 months, they'll be tradeable."

Anime-chan, so that means after ICO ends, the AST coins holders will have to wait 6 months before they can trade it on exchanges?

>>3719970
I don't fully trust anime chan, but he did make me a fat stack of cash by buying into 0x and DNT early. You only have yourself to blame if you didn't sell.

>>3720237
NO. The tokens being withheld from the ICO sale (150kk on sale, 350kk will not be) will be unlocked after 6 months.

>>3719884
In this case, the pre-sale is over. It's the ICO coming up.

For Airswap, you follow the instructions and send in ETH. For more details read here:
https://media.consensys.net/airswap-whitelist-registration-5f761659aa25
...and follow their Telegram to stay updated. To get around 4chan thinking its spam, I've put the link into a pastebin:
https://pastebin.com/EcMgU9Gh

>>3719970
Anon-san, I can only write about what I know about and what is said publicly.

0x wasn't a product to begin with; it was a protocol to build upon. It mooned because of the demand how they structured the ICO (first usage of individual caps). As explained above, the token is used for gas fees and a percentage on 0x-built exchanges. Even as we speak the exchanges are being worked on (Radar Relay, the 0cean, Ethfinex, and announced today, Paradex: https://twitter.com/paradexio/status/915248250378108928).). Plus other projects that are using part of the 0x protocol. Are you surprised it went down given little usage *at the present moment*?

Plus it didn't help (and there was no way I could have forseen) that Polychain Capital (a crypto hedge fund) move their HUGE stash of ZRX onto Poloniex, freaking people out thinking that they would dump. Apparently people are still coming to realize that transactions on a blockchain are transparent. And Polychain doesn't seem to make smart decisions, if their participation in the KIN ICO is an indicator.

If you're talking about something else, like MBRS, you would be right if it wasn't for the fact that I still hold every single one of the 100,000 tokens I bought in order to collect the airdrops. I even posted by ETH wallet address so people could make sure.

>>3719980
It's just research. Spend enough time reading the white paper, the blog posts, looking into ICO teams and advisors, etc.

Don't rely on people like me to tell you what to buy! I always encourage people to go ahead and actively search for the good stuff themselves. You'll be better for it.

>>3720265
Aha ok thanks!

God fucking damnit.

I don't know if I should invest in this shit and make a shit ton of money or if this ICO bubble will pop before then.

>>3720268
You're my hero. I want to be you.

We love you anime-chan!

>>3720268
Good to see animechan

PS: check the bottom of Airswap's front page.
>https://www.airswap.io/

Maybe I'm reading too much into it, but I'm curious what they will do with their strategic partners down the road.

Genuine question: why do some ICOs have whitelists?

Is there a legal reason?

>>3720268
Anime-anon, WTF happened to Embermine? Right now it looks like a bad call.

>>3720516
KYC-AML reason?

>>3720521
How so? i'm holding a bunch of them and its a comfy hold, the airdrops keep coming in and the telegram group and devs are very active

>>3720516
A number of reasons anon.

One is that they try to make an ICO fair for all participants (read: preventing whales from buying up the whole supply in less than 30 minutes) by introducing individual caps. Another is the changing regulatory environment; you don't want to upset the Chinese or American authorities, so you require people to verify their identity.

This is why its important to keep track of regulatory changes as they occur AND why I keep track of ICOs that fully intend to be legally compliant. You don't want to suddenly find out that the token you bought is actually a security according to the Howey Test, meaning that it'll have to spend a lot of money on a legal team and it'll never see listings on American exchanges (Bittrex, Polo, etc).

The situation is ever-changing. A recent article that might be of interest:
>https://www.coindesk.com/saft-arrives-simple-investor-agreement-aims-remove-ico-complexities/

>>3720521
Depends how you see it anon.

Keep in mind that MBRS was (and still is) a low volume token. So when I pitched it, people bought like mad. Also keep in mind that I pitched it while the dev was in talks with the major exchanges but it was also riiiiight before the SEC put everyone on notice. Exchanges have been slow to list stuff ever since as they reevaluate everything they have listed. In fact, Bittrex just announced today that they'll be delisting a few things:
>https://support.bittrex.com/hc/en-us/articles/115001862851-Pending-Market-Removals-10-13-2017

So people have been dumping due to lack of news.

I don't mind either way. I bought it for the long term. They're still airdropping free tokens with future value once those projects go live. MBRS itself is still in development, though the CEO intends to introduce the beta version at Devcon3 next month.
https://ethereumfoundation.org/devcon3/

Plus we still have to see the transition to their own blockchain, other partnerships, etc.

I can wait patiently.

>>3720743
Care to hazard a guess as to how many people will register for the AirSwap whitelist? I'm trying to figure out how much it will likely be possible to invest

>>3720865
The problem with these Consensys projects is they always have really high caps. They have a lot of promising one's but I have never invested in them because of the stupid caps.

Be careful with high cap ICO's. If the demand is low you're screwed.

LAtoken

What documents are needed for whitelist registration? The same documents for opening account on exchanges?

This is my first ICO. Any help will be appreciated.

>>3720865
Alas, >>3721020 has a point. Consensys-backed projects come at a premium.

And its a bit hard to determine at this moment. For example, Airswap's telegram has 1867 members at this moment, which is a moderate amount. But for reference, Kyber's Telegram also had a modest amount... until they said "you need to be in the Telegram to be whitelisted." Now its at 20,500 or so.

So I'm betting the increasing hype will pull people in.

To give an idea of how crazy this is getting, see this thread on Reddit where someone tried to shill Airswap. The founder of 0x started posting to pick a fight. Then the CEO of Airswap joined in. Then Swapman (a bit of a crypto-trading celebrit who founded whalepool and is backing Leverj) joined in. Now the creator of IDEX is involved.
https://www.reddit.com/r/ethtrader/comments/741m3c/why_airswap_ast_is_the_best_ico_of_october/

bump for this >>3721114

>>3721114
seconded

>>3721116
What are your thoughts on Red Pulse?

>>3717906
blockmason credit protocol

>>3721116
how much are you gonna put into airswap?

>>3721116
Thoughts on Enjin Coin?

Thank you for the tip on ODN. Price prediction for the next month?

post the slack link you asterisk war fanboy

>>3720743
Thanks a lot man. Is there anywhere we can follow you? It's always a pleasure to read your posts.

>>3721209
I have mixed thoughts on Red Pulse. Part of it is because I'm still iffy on China projects until everything is settled down. I'm also hesitant because I don't believe in NEO; most of the volume is from the West, and I question Da Hongfei's supposed CCP connections.

As for the project itself, the fact that Binance will list RPX quickly is encouraging. And NEO will try to do what it can to see that its first ICO succeeds. Throw in the low cap and white list, and it might make a good flip.

What worries me is the long term. Red Pulse currently has 50 institutional clients that pay, along with tens of thousands who receive the free newsletter. It's got a decent reputation and tackles a real issue (information transparency in China). What I wonder about is the 10% annual token inflation (half going to RPX holders), that the research platform won't be ready for quite awhile, that the business doesn't really *need* a crypto token to work, and if they can successfully get retail investors to pay for data. So I'm neutral on it.

>>3721352
Depends on the whitelist.

If I have/had my way, around 20 to 25 ETH. Gotta see how much I can free up.

>>3721417
Wouldn't try flipping! People who partook in the pre-sale got a huge bonus; up to 115%. So I'm legitimately afraid there might be dumping.

As for the long term, it depends on adoption. If they can get games to use ENJ tokens and work out the technical details of integrating them into various games, it'll make a bundle. If they can't, they're kinda screwed.

So keep an eye on who they're talking to and from what company.

>>3721481
Honestly? No idea. I feel like its being pumped right now, both artificially and because the devs are hinting that a high-volume exchange listing is coming up (so people are buying in anticipation). Thats awesome and all, but I worry there might be a dump.

Keep a close eye on the volume and the trade size.

I brought chainlink ath, where's the rope when I need it?

>>3721604
anime-chan when should I dump my links for maximum profits to convert to airswap? After SIBOS?

>>3721604

Thank you! Thoughts on Leverj?

>>3721020
>>3721116
Sorry if this is a stupid question, but how exactly would high caps and/or low demand screw you?

Oh, another article about it that I missed.
>https://news.bitcoin.com/decentralized-exchange-airswap-gets-attention-aftermath-chinese-crackdown/

>>3721581
As said above, considering a newsletter or something. TBD.

>>3721741
Reminder:
>Airswap white list tomorrow to Oct 6th
>ICO on the 10th
>distribution 1 week after ICO (on the 17th at the earliest)

>date of SIBOS: Oct 16th.
And the current expectation is that the price will increase in anticipation of SIBOS. Though if I'm being honest, it's being manipulated like mad right now by whales and bots. So I'm not sure what answer I can give.

>>3721797
Will probably be going into for a similar amount (20 to 25 ETH). It's also backed by Consensys, but also by Brave New Coin, Swapman, and others. I'll go into detail on it at a later date.

>>3721872
If there is low demand and a high cap that can't/won't be met, then why would people buy the tokens after the ICO? Unless you're determined to hold for a long time, you'll be left holding.

Take a look at Ethbet: there really isn't a demand, so people who bought in assuming that the really low hard cap would make it easy to flip have learned that they'll be holding it for awhile.

>>3721604
Wanchain better than Red Pulse?

>>3721604
In short term, which one do you think will be more profitable? Red Pulse or AirSwap?

I like both, but if I buy Red Pulse, my tokens will be held and I cannot participate in AirSwap ICO.

bump

>>3722122
https://blog.airswap.io/airswap-presale-report-476149dd8c6f
Just posted on their telegram for AIRSWAP

>>3722122
Thoughts on Kin and Voise?

>>3722453
>42mm cap for public sale
Doesn't look like they'll have trouble meeting that

When it comes on bittrex it's already too late :(

Damn, airswap and leverj defo on my list.

Anime-chan, what do you think now about OMG? I heard you had a pretty big holding and OMG is dipping pretty hard...

>>3722687

No it's 42k ETH, Isn't that roughly 12-12.5million cap for sale?

>>3722755
Sorry, long day and mixing up my units. Though the point stands that they shouldn't have any trouble burning through that cap

Is electronium complete garbage?
I was about to try to ride it for a short while because they seem to be backed by heavy marketing at least, so I was figuring out it might be a good idea to jump on ICO and sell at first bump as they start spending in ads. Whaddya think?

>>3719168
Ill put some in that ICO and if I end up doubling or more I'll literally suck your anime virtual dick

>>3717919

I went in earlier today. Solid project and company, I have no clue about the potential returns tho, I'm not thinking it will moon super high but still

>>3722234
Hard to compare the two since they do different things. Wanchain wants to do cross-chain transfers of assets. If successful they'll make bank.

Upsides: The team is most former Factom (very successful) and experienced. Ian Balina has gone all in on this one. Could be very profitable in the long run if executed correctly.

Downsides: Strict KYC, competitive space since a bunch of people are doing cross-chain transfers (Cosmos, Polkadot, etc., though admittedly none focused on finance just yet), the roadmap stretches till 2018/2019, etc. Most notably is an announcement they made via Telegram; they'll be issuing ERC20 tokens which will later be exchanged for the actual Wancoins. This means certain limitations that they summarized below:
>Transferring to another wallet you control is okay (but don't move them unless you need to for security purposes)
>Transferring/selling to someone else is not okay
>We can only guarantee the exchange of ERC20 tokens for Wancoins that come from the same purchasing address
>Edge cases may pop up and we will review on a case by case basis
>ERC20 will be exchangeable for Wancoins in approximately 2-3 months when the mainnet goes live.
>Towards the end of the year after you exchange your ERC20 for a Wancoin there will be no trading restrictions.

So I'm still unsure how to handle Wanchain. Might go in, might not. The thought of having to wait a few months gives me pause.

SALT, buy SALT
it's some kind of loan system or something, who cares, IT'LL MOON

>>3722453
Noticed it. The details are encouraging:
>We sold over $20M USD worth of AirSwap tokens during the pre-sale process.
>The pre-sale was heavily oversubscribed and we sold 70% of the AST allocated for the token launch. While we likely could have completed the token launch this way, we closed the presale to focus on the wider community and main sale. Community involvement is a top priority for AirSwap and the success of the main sale is a measure of that.
>Our presale buyers include Kenetic Capital, Blockchain Partners Korea, FBG, Smart Contract Japan, and a strong representation of product and technology leaders from the blockchain ecosystem. They collectively share our vision of a token economy driven by exchange, and that exchange driven by peer-to-peer.

In other words, demand was so huge they could just scrapped the ICO. What does *that* say?

>>3722505
Avoided Kin like the plague. Ridiculous supply and hardcap (for only like 10% of the tokens), VCs went into it with a big discount (and are regretting it), not enough growth potential (Kik isn't doing a good job right now), the Kin Foundation reserves the right to dump tokens onto the market to keep the price stable, etc.

As for Voise, pass. I have yet to find a project that has found a good way of tackling music on the blockchain. Musiconomi and Opus run afoul of US regulations if I'm not wrong. Still waiting on details regarding Ujo.

>>3722744
Holding onto it, and will keep on doing so unless I need emergency liquidity for the SALE OF THE YEAR or such. I'm treating it like a blue chip at this point.

>>3722882
Haven't looked at Electronium. Sorry!

>>3717906

ill give you a hand, Polymath, look up the most ballsy project yet in crypto

>>3723420

You've convinced me. Thanks for bringing this on my radar, especially with the whitelist registration starting tomorrow! I'm going in on this, as this and Request Network are the only ones I can participate in, given I'm too late to Red Pulse and Air Token.

Do you post your ICO analysis on /biz/ primarily? If you created some sort of ICO research service/group, I would gladly pay.

>>3723420
Thoughts on BIS?

>>3723514
Seconded.

>>3723420

Thank you for your work man.

I got into crypto recently and made a killing on 0x based on your recommendation.

Really appreciate it and wish you all the best in your future endeavours.

>>3723420
animechan thanks for the write-up on airswap. Definitely going to get in. What about latoken?

EMAIL FROM AIRSWAP:

>Whitelist instructions will be available soon. We will share the whitelist registration URL via Telegram on October 4, 2017 at 9:00AM Eastern Time, first. Join AirSwap Official to keep up to date on announcements and AirSwap Community to ask questions and connect with other community members.

Since 4chan is annoying regarding Telegram links, here are both in a pastebin:
https://pastebin.com/gXreraUw

>>3723493
I was considering Polymath instead of Blackmoon at one point, but decided against it after I heard through the grapevine that they upped the hardcap from $30 million to $100 million. This his apparently pissed off many of the backers, including the CEO of Brave New Coin who was personally interested.

Still watching it to see if they change their minds.

>>3723514
/biz/ is the first place and only place where I post my analyses. I give hints of what I'm looking into on the discords, sometimes even drop a name, but not the full case.

>>3723538
I only found out about it today. I'll need to look into it first.

>>3720743
What is the ICO price and max quantity?

Would you mind sharing a discord you're active in?

>>3724043
The issue I have with LAT is that they need to deal *a lot* with regulation, especially since they're engaged in dealing with numerous different kinds of assets (commodities, stocks, etc). The US government is very particular about these things as well. Not going along can be costly, as others in the crypto space have learned:
https://www.coindesk.com/saft-arrives-simple-investor-agreement-aims-remove-ico-complexities/

Then there are other concerns: token holders have no corporate rights with LAT, enforcement would take place via smart contract, etc.

Ever since the SEC shook things up, I've been treading carefully with these things.

>>3724264
1000 AST for 1 ETH.

500,000,000 AST will be created, 30% will be sold (150,000,000).

>>3724373
The main /biz/ discord:
https://discord.gg/jpms8

A smaller discord where I'm active:
https://discord.gg/dYcwkQ

>>3724152

greatly appreciate your time and info. If you do come up with a better way to follow you, please post here. You've given me a lot of info to look up and digest here. Thanks much.

btw, what do you think of Power Ledger? Any interest?

>>3724649
Thanks! You're awesome.

>>3724666
>>3724728
Positively inclined, but will probably miss it.

Note: if energy is your think, also keep an eye on Grid+
https://gridplus.io/

>>3718988
brock pierce was also in Disney's FIRST KID so you know hes a big deal

>>3725098
cant believe you missed electroneum. look it up

>>3718759
Pepe stolen

>>3719297
Nice try bro but i'm staying in crypto dreamland for as long as possible. Tell all the irlfags I said hi and please take care of my dog while I'm gone. Thx

>>3717906
LAtoken