Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Qtum] UTXO based POS Smart Contract Platform|On Coindesk & Bitcoinmagazine
by
Gleb Gamow
on 27/01/2017, 23:11:15 UTC
It looks like the ICO will start on March 1st.  Has there been any information posted regarding the ICO details?  With the attention the Qtum project is receiving, there is no doubt the ICO will be very successful.  Time to gather up some bitcoins for the ICO. 
What made you say that ICO will start on 1st March?As a matter of fact there is no official information regarding date of ICO.Everyone is waiting for ICO to invest in this crypto revolution

I saw it on the Qtum reddit.  Here is the link: https://www.reddit.com/r/Qtum/  Look on the top of the page.  It says "Crowdsale starts on March 1st" I'll take that as an official information on the ICO.  However, the date can surely change if the devs feel they need more time to organize things.   

http://www.econotimes.com/Qtum-raises-1m-from-leading-blockchain-entrepreneurs-485187

Quote
"We raised the money to prove that our approach is right. We used the money to do the minimum viable product. The testnet is live now, but it is private, it is already working”, he said, adding that the Qtum Foundation could seek to raise up to $10m in the token offering.

The project kicked off in March 2016 as a proof-of-concept, and so far it has completed the design of the Qtum model – the world’s first digital currency that can execute smart contracts with a proof-of-stake consensus mechanism based on an Unspent Transaction Output (UTXO) model, as reported by Bitcoin Magazine.

How do we truly know for certain that a minimum viable product ONLY available on a private testnet is real, or that VC funding was really distributed, and if so (the latter), the money isn't going to be immediately paid back plus a standard vig from the expected $10M raise with the token offering thanks to the prominent support so to futurely for-real build what's envisioned?

Full disclosure: No horse in this race nor my post was meant as a diss toward Qtum, sincerely wishing them all the best.