Search content
Sort by
Showing 7 of 7 results by ApplePieForMe
BTC (10%) - because it's BTC
Nano (30%) - because the tech is solid and has amazing potential
NEO (10%) - because they have great developments happening in the coming future
YANU (50%) - because if you're trading pennies for dollars right now due to it's utility as a payment method in Yanu bar. Buying a gin-tonic with $1 right now. This one has the biggest upside potential in my opinion.
Nano (30%) - because the tech is solid and has amazing potential
NEO (10%) - because they have great developments happening in the coming future
YANU (50%) - because if you're trading pennies for dollars right now due to it's utility as a payment method in Yanu bar. Buying a gin-tonic with $1 right now. This one has the biggest upside potential in my opinion.
This is absolute rubbish,how will this help crypto and blockchain world in future? By bringing in robotic bartenders ?you don't have to be warned before you know that this is a total failure
Well, since customers will be incentivised to buy the token in order to get the drink at a discount I think there will a lot of new people entering into the crypto who don't know about the token. The bartender will be placed into high traffic places like airports, event venues etc.
Would love to hear your reasoning why you think it's rubbish?
Funny enough I think this is not a good project to support ,how can a bartender robot serving be called a good project ? Is this what you guys call a block chain at its best? This is whacked job and I will never participate sorry,if developers don't have more ideas they can bring to the table they should be better off not releasing any new projects ,its never by force if not for getting huge funds over and over again, little words is enough for the wise
Are you saying bartending robot serving alcohohol not a good business? Do you have some market research to share? If you look at the market statistics then you'll see that selling alcohol has very high profit margins and most of the costs goes to staff. So with a robot you're eliminating one of the biggest cost in already a profitable business model.
I believe nobody called this blockchain at its best nowhere...
This project isn't that much about blockchain, but rather solving real business problems with robotics with the help of blockchain as a mean for funding.
I like the idea of robot bartenders, but why does this project need its own coin? It can use BTC, ETH, LTC, MIOTA, ADA, EOS, etc. There are too many coins in the market.
Exactly, lots of ideas with their own coin without any sort of compelling reason why they need their own utility coin but as an easy way do a cash grab. Would have more respect for a project like this if they created a security token that represented ownership in the company that owns the project. The world does not need millions of specialty coins to pay for goods and services.I like the idea of robot bartenders, but why does this project need its own coin? It can use BTC, ETH, LTC, MIOTA, ADA, EOS, etc. There are too many coins in the market.
The token itself is crowdfunding tool as stated in the whitepaper. Traditional funding methods aren't an option if a startup is dealing with alcohol. Blockchain helps here.
Also it serves as a loyalty system and incentivise token holder to hold the token. I think security token would make sense and it's only a matter of labeling the token as a security. However considering the regulations around security tokens right now, I don't think it's a smart business decision to have a security token (yet) due to extra overhead.
If you read the paper you'll see that 2% revenue worth of tokens are bought back from the market and burned which gradually reduces the supply and increases the price so the token price by the economics is design to increase. And as this token is a payment method (it's backed by the products of Yanu) you'll have a part of the company by having the token. So I don't think it necessary needs to be called a security token. It's as simple as that.
Of course as with any startup, if early stage investors are interested they have the opportunity to negotiate with founders to buy shares of the company if you had that in mind when talking about "part of the company".
I think no one in their right mind will not invest in your project, and even on ExMarkets ( the first time I hear about such an exchange)
In their right mind will not invest or will invest?
Either way would love to hear your reasoning.
maybe this project is interesting for you, but sorry I haven't found anything really interesting from this project, only Candybox rewards are quite interesting, but that can't be an excuse to invest
Read through the paper, pdf and deck. Just created an account to jump into conversation here as well. I've been following cryptomarkets a while now and tbh if the company concept doesn't convince you then the Candybox definitely should. The closer we get to 31.12.2019 when the payout is going to happen the more people will be interested to buy the token. And let's say the price drops, this should incentivise people to buy even more. However as tokens are used as payment method (with additional incentives like discounts on drinks) I see the price going up due to the demand.
Fundamentally I think the key selling point is that there's an actual utility behind the token. This is where a lot of other IEO/ICOs fail. It all sounds nice on paper, but they are years away from token being useful.
Correct me if I'm wrong
One interesting argument I've been following is by Peter Schiff who is permbull on gold and quite pessimistic on bitcoin is that you can fork bitcoin and therefore we can't talk about limited supply.
But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.
But it wouldn't be Bitcoin, I get it. It would be Bitcoin2 or whatever. However the properties would be the same the only thing it doesn't have is the trust and network right.