Post
Topic
Board Announcements (Altcoins)
Re: Snapshot
by
TeamSnapshot
on 25/07/2017, 20:12:32 UTC
Talking about alpha version of the Snapshot that will be deployed on August 10th,
Which languages will be available for?

The Alpha version will only be available in English.

Not so long to wait only 2 weeks and the ICO is in 1 week. I really want to try this app out so badly. It is going to an an awesome way to earn some free investment but guys do not forget to get in quickly so we can be the big bagholders !! xD

The time has gone by fast for us. It's been a massive amount of work, but we enjoy it.

We'd like to remind everyone that all Snap tokens will be distributed regardless of us hitting the funding target. If by chance we dont meet our expectations users who still invested will end up receiving a larger share of Snaptokens. It seemed to be the only only fair way to distribute them in our eyes, we are confident in our ability to raise the capital but we are sorting through that "what ifs" in order to protect investors.

Like you said, users who get in early for the weekly rankings will be earning great amounts, and the value of those tokens will increase as Snapshot grows so its a great opportunity for users who aren't able to invest via the ICO to get their hands on some.
beautiful, the ico is accepting which currencies, i will need to prepare if need be that i convert or sell some for more of the accepted currencies,
great work dev.
EDIT
its eth, is their a possibility of accepting btc too

The Snapshot ICO will only be accepting Ethereum, Bitcoin will not be accepted. Thanks for the question.

Why no bitcoin acceptance? Kindly, Alexei.

Only accepting Ethereum streamlines the process so we can simply send the ERC20 tokens to the addresses funds were received from. It cuts out the necessity of an account based model.

This may sound strange but I prefer not to "support" Bitcoin and rather altcoins. Prove to people there is a chance with altcoins and they do work and work well. We all know Bitcoin works it had enough attention alternative cryptocurrency payment methods are great. Infact it will benefit Snapshot in the long run seeing as it is an alternative currency to Bitcoin and is earned and used within an app that gives is value and a reason to exist.
I don't get it clearly because you contradict that you will not to support bitcoins and other altcoins.
For me it is good to accept aso bitcoins as the main currency used .because some people doesn't know bitcoins what more if they heard ethereum so bitcoins will have a big part in snapshot in spending on this application.

We have had some people voice their concerns that we would be leaving potential funding on the table through not accepting bitcoin.  We thought about the option but we always try to prioritize ease of access if possible, and an ICO where sign up isn't necessary best represents that . We felt that anyone who takes part in ICO funding would understand how to use shapeshift to easily convert their Bitcoin into Ethereum, so we aren't worried.