Post
Topic
Board Tokens (Altcoins)
Re: 🔥🔥🔥 [ANN][ICO] BITFENCE - REMOVE HACKERS FROM YOUR NETWORK
by
nesh1
on 24/04/2018, 15:52:41 UTC
The plans of the project team are ambitious enough. I hope you will succeed in implementing them. Tell me, what are the advantages for the holders of the tokens?

I am also looking for this information, but I dont see anything yet. I have not checked whitepaper yet, so dont know if this information is available in whitepaper.

Apart from the conventional token value increases benefits, I don't think there is any added plan by the team as a special holders benefit.

I don't think i have seen that either on the whitepaper but is it necessary for holders to always get benefits from projects?

I checked whitepaper but I don't see dividend kind of return if we hold BITFENCE tokens. I need to check if we can buy BITFENCE devices using tokens.
I think i found an answer to this in their whitepaper on page 17 under BITFENCE TOKEN (HNY) they say that Payments for subscription services will   solely be conducted utilizing HNY   Tokens.

I found nothing in the whitepaper about dividends. On page 17 they mentioned "In   addition to using automated BitFence mining software, HNY Tokens can also   be earned by submitting   suspicious network   traffic information, such as Firewall Rejection Logs, 3rd-party honeypot intrusion detection logs, ssh/ftp logs   etc."

Okay, but I still dont understand how token value will go up? What kind of return I will get if I keep this token for long term? I am thinking from investors point of view.
I think you will get more tokens if you keep them because of their bonuses. And their value goes up because of the activities they do and if there is much ask for Bitfence then the value of it will rise.

Okay, but from where they will give this Bonus tokens?
Form daily mining by users? In this case is there any cap on total number of token. Also, will I get these bonus tokens yearly?

Sorry for so many questions, but I not getting this info from whitepaper. I am expecting BITFENCE team's response here.

These are very good questions, I think the mining-tokens are only generated after the mining and then sent directly to the miner. But these are just my thoughts, maybe I'm wrong
Yeap, I agree with Anilg's question. Me also have question, What about unsold tokens? Are they going to use as a bonus tokens?
If you scroll down on their website you can see the answer to this question as they say ''Token sale contract, following OpenZeppelin recommendations mints tokens on purchase, so there wont be any unsold tokens".