Looking forward to seeing how Unikoin does over time. 

Check out my live stream interview with the founder.

https://www.youtube.com/watch?v=k_e4h86GHh8

I like this project too.  Love the token economics. I interviewed the team on my live stream recently.  Check it out here.

https://www.youtube.com/watch?v=A2AYzM1e8pw

Nice, sincere team IMO.  I did a live stream with them not too long ago.

https://www.youtube.com/watch?v=_6dnTT1feGA

I spoke to Change Bank CEO a while back and did a live stream.  Check it out here.

https://www.youtube.com/watch?v=Tn6IkP_CllQ

I like this project. The TRS is a nice idea too. 

I did an interview with Matt Spoke from Aion some time ago.  Super sharp guy.

https://www.youtube.com/watch?v=KKb-T8tkpJ4

Hey everyone.  I just did a live stream with Zilla founder Abasa Phillips.  He goes over a lot of the questions asked in this thread.

https://www.youtube.com/watch?v=cqS_9zN2DAo

Great thread guys.  Check out my interview with Zilla founder Abasa Phillips.

https://www.youtube.com/watch?v=cqS_9zN2DAo

Video I put out to help the community with evaluating ICOs *not financial advice*

https://www.youtube.com/watch?v=I4a0tC31_oc&t=11s

I just created a video where I list out criteria for evaluating ICOs, so you can filter out the noise.

Disclaimer: I am not a financial advisor and do not treat this as financial advice

https://www.youtube.com/watch?v=I4a0tC31_oc&t=11s

Hi Guys,

I know some of you are probably interested in Blockstack. They're having a summit today in Mountain View and I will try my best to stream whatever I can.  Check my channel for other videos but this one below is from Muneeb Ali (co-founder) presenting.

https://www.youtube.com/watch?v=RWlgEQrDZ4c

Thanks,

Hen

Hi Guys,

Been a member of this community for a little while now and I love the camaraderie and generosity of the senior members especially.  This space has grown a lot and it's been great to give and receive advice and opinions.

Personally, I've attended the Token Summit and will be attending Blockstack Summit in California this week. I have dealflow with a lot of projects and manage a Telegram group I created that includes founders of many projects and all kinds of random, eccentric people.  We tolerate strong opinions held loosely and I'm always happy to talk to people from this broader forum and see if they might fit in the group. But of course, there's all kinds of great groups in slacks, Telegram, and Discord.

I just had a live stream of a hangouts call I've had with some members of the group, including a founder of a project that well be out soon called Pareto.  Check out their site Pareto.Network.  There was also a guy who was an investor in Ethereum during their presale lol.  There was also a startup guy with a lot of inside plugs for presales.

Check it out and if you like, subscribe.

https://www.youtube.com/watch?v=ZJQxyKo3oyg

I also have my intro video that tells people about my background.

https://www.youtube.com/edit?o=U&video_id=2L5J24CHFIk

Here is one I did on pump and dump scams to be careful of.

https://www.youtube.com/edit?o=U&video_id=H6q6KNe9CFk

My next videos will be better quality. I have just ordered a better mic and lighting and sound boxes.

You can also search Hen Global on SoundCloud and iTunes if you prefer audio.  The audio recordings from my videos are podcast episodes available through those mediums.

I'll be launching a site too with blog content.

I'm really trying to just build a great community.  I really feel the intel from this community has enriched me in more ways than monetarily, so I'm happy to come out of pocket to put this together.

Feel free to PM me to chat about upcoming projects, presales, etc.

See the description of my videos to find my social media accounts (IG/Twitter/FB Fan Page)

Cheers!

This is an entirely new asset class with a valuation model that has nothing to do with stocks or equities.  Apples and oranges.

Obelisk presale started yesterday.  The miner won't be delivered until June 2018.

Basically, there are 20,000,000 Siacoin available for mining per day.

The formula is 20,000,000/total miners.  That's per day.

 

I realize some guys here may not even know what a presale is. I participated in one most recently with Civic.  Sometimes they come with special discounts that people at the ICO can't get, but in Civic's case, you paid the same price regardless except that you could buy an amount of tokens that you would not be allowed to buy at the ICO.  The "minimum" for participating in Civic's presale was $50,000 worth of BTC or ETH.  For the ICO, the "maximum" you could spend was $25,000 worth.

In the case of Civic, both presale and ICO participants were able to get tokens at $0.10.  This is actually the same price that early investors in the traditional equity round paid (pre presale people) which is unbelievably fair. 

Every presale has different terms, and not every project announces presales publicly like Civic and Sia have.  Sometimes you have to e-mail the project and ask.  On many projects, presales can take place a few months before the actual ICO.  In those cases, there is a lag between the time you contribute and when you get to tokens, to when they list on the exchange. You'll have to decide for yourself whether it's worth the wait. Whether or not the project has incentives in the form of discounts or additional tokens for participating in the presale is one criteria to consider.

For those of you who may not have the minimum funds to do a presale, maybe consider a pool with friends or people you trust.  You guys can combine to meet the minimum for the presale.

How is a new round of funding not significant?  Sia is having a presale and then an ICO down the road. If you don't find a business raising new amounts of capital that you can personally take a stake in significant, then I don't agree with how you view this ecosystem.   What were you expecting? The Sia team to say we are raising the token price to ten cents just 'cause? That way you can put out a sell order and buy a new car with bitcoin?  Get real folks.  The kind of questions and concerns being asked are things you can easily find answers for but you prefer to listen to a guy you don't know and may not agree with because it's convenient. No, I don't feel sorry for you or care about your whining. 

---

Just as venture capital firms had to learn the hard way what the criteria of a viable startup is, investors like some of you will also learn the hard way in cryptocurrencies. You have your work cut out.  This "process" some of you have is very lazy and unsophisticated. But if you want to be careless about your own money, so be it.

Haha nice one.  There's still the June update for this month per the roadmap.   I'm a long term hodler and I've made life changing profits a long time ago.  If you don't want to hold Siacoin or don't have the patience to play the long game, then don't hodl.  You're responsible for your own investments.  Seems as if people are drawn to Sia because of the token price and hope that merely buying them in volume will get them a lambo the moment an announcement comes out.  Doesn't work that way.  This is very amateurish and unsophisticated thinking.

You don't consider a public round of funding big news? Well, I do. Presale comes before an ICO.   Keep in mind Sia so far has achieved a half billion dollar valuation from only $750,000 seed funding and no marketing.  Be respectful with language.

Well, the news has been revealed (in the slack).  Obelisk ASIC Miner presale is next Wednesday.  The presale will last 7 days.

Funny to see comparisons between Dropbox valuation and Sia after I went into great detail about the difference between protocol-layer innovation and application layer.  Dropbox can literally be powered by Sia, not the other way around.  The infrastructure being built by Sia, and other projects as well, is basically a new internet.  In 2017, if you don't commit yourself to truly finding answers to your questions, then you're not serious about your question in the first place.  You don't even deserve to know the truth. As I said, information is everywhere, but the desire to learn is scarce.

There are 24 hours in a day.  Friday announcement doesn't mean when you wake up in the morning. It could be morning, afternoon, or even evening time. The Sia team is based in the East Coast USA.

As for folks who are "concerned," you do realize you can directly reach out to the Sia team and community in the slack instead of wallowing in ignorance. You can ask any question you want to respectfully.  This is 2017 folks. 

Siacoin's current valuation stems from the number of tokens x price = network value (crypto version of market cap).  This is a far cry from the valuation model used for companies like Dropbox. Apples and oranges.  For now, devs are largely setting the valuation since they decide how many tokens to create for a particular project.  

The 50 cent future price is speculation from hedge fund guys I met in NYC the week of Consensus and Token Summit.  The reason they're so bullish is because of the fact that Sia is a protocol-layer project with a major use case that consists of many potentially disruptive applications.

In the Web 2.0 era, the lion's share of value was created on the application layer of the TCP/IP protocol.  This is why the founders of companies like Google, originally a search company, are billionaires while the creator of the world wide web protocol Google search was built upon - Tim Burners-Lee - is not even rich.

In blockchain, most of the value will come from innovation on the protocol layer.  This is why blockchain hedge fund Polychain Capital only backs projects that are innovating on that layer.  This is why they're getting behind something like 0x Project (decentralized exchange on the protocol layer -
not front end like Poloniex or Bittrex) and not something like Status (mobile browser and messaging platform built on top of Ethereum protocol).  Developers who build the infrastructure will reap the fruits of their labor.

Pro tip: Research any project that is supported by Polychain Capital and Union Square Ventures.  Get on those ICOs.  Look up Fred Wilson and find his blog.  Read the post he wrote about ICOs.

Listen to this podcast for more insight: http://a16z.com/2017/04/03/cryptocurrencies-protocols-appcoins/

Sia has a big future ahead of it.  A lot of the concerns being spouted are utterly petty and miss the big picture.  Don't think like the small man.  Educate yourself while it's still early.  Information is everywhere, but the desire to truly learn is scarce.

Go to events in this space. Whatever money you spend on getting to and from the event location and for event tickets will come back to you 20x or more in the form of the network you build. At the very least, find meetups in your area or create one yourself.  It's still early guys, so if you're truly passionate about this new technology, go all in.

Hey guys.

Glad to see some of the hodlers remaining optimistic.

For the cynics, a healthy dose of skepticism is not a bad thing at all.  Just don't overdo it.  From an investor/speculator perspective, we're nowhere near the point of ringing the alarm, if that ever happens.

There will be some big news announced Friday. Obelisk was nothing compared to what will be announced.

This will be a big year for Sia.