Quote from: rattle99 on December 30, 2017, 02:21:13 PM

Quote from: alphabitco on December 30, 2017, 11:48:19 AM

Quote from: rattle99 on December 30, 2017, 11:07:03 AM

I see the pre-ico price at 0.0001ETH and ICO price at 0.001 ETH, is it real? That's a 10times increase, smells fishy...

Also, I don't see any ETH address to send ETH to for the pre-ico

Neither do I see the Dev Team anywhere on the website.

The github repo doesn't have any code. This isn't open source I presume?

Seems very fishy now....

Yes it is for real. However our early investors will only be available to buy a small amount of LPH. The total supply for the PRE-ICO is 10,000,000 LPH any left over LPH will be included in the primary ICO. A total of 40,000,000 LPH will be sold during the entire ICO phase.

The version you see now on the ALPHABIT.co website is a concept of what the launched community will look like.

This project is opensource, however majority of the code will not be uploaded to the GitHub until it has been developed. We are currently finishing the ERC23 Smart Contract and then will have it uploaded to the GitHub for users to review. We plan to bring on board a community of developers and those that want to create something amazing. Our bounty program will include articles, as well as other ways to earn. This will be released soon.

For now we are still creating an in-depth whitepaper that will explain better how the platform will operate.

We plan to implement a store feature and various other methods for users to earn LPH and interact with the platform. This all will be decribed in detail within a newly released whitepaper this week.

We plan to release the contract address by January 1st, 2018. Please be sure to check the website for the most recent updates regarding the contract address.

You can find more about the project creators here: https://www.f6s.com/alphabit.co

Thanks a lot for the detailed reply.

One thing I would like to ask is, are the two people in the link provided the only developers in the project? I don't mean to be rude but neither of them is a blockchain developer. Also, isn't a team of 2 rather small for a big project like this?

These are the founders of Alphabit.co (LPH) they are not the hands on developers. They are also the founders of OD Applications and can position this project where it needs to be for the launch. The community will improve, maintain, and update the platform when the time comes. Members that wish to assist with the development and creation of Alphabit.co are encouraged to email hello@alphabit.co to be apart of the development community.

We are also implementing a transparent voting system for each token holder to make decision on the direction of development within the project.

There are a lot of details that still need to be gone over and added to the whitepaper. We are not in a rush and not concerned about the money. The ICO is planned to last for 12 months or until all tokens have been sold. During this time we plan on releasing the beta versions of the platform. We are more concerned about having a platform the entire community will enjoy and want to be apart of. Which is why during the ICO we are requesting as many ideas to be implemented as possible in-order to create the best community on the internet that is ran by it's members. Granted funding will speed up the entire process it is not the only requirement we are concerned about.