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Showing 20 of 74 results by Praedium
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Topic
Board Services
Re: 500$ Custom ERC-20 Token Contract
by
Praedium
on 12/02/2020, 16:11:06 UTC
$50 really?  Is that what you charge?  I've seen people pay up to 10k
Post
Topic
Board Services
Topic OP
500$ Custom ERC-20 Token Contract
by
Praedium
on 28/01/2020, 19:42:00 UTC
I will write a custom ERC-20 Token Contract for you for $500, $250 upfront and $250 after deployment. 

I am also available for full time development work.

Please email me at:
praedium@protonmail.com
Post
Topic
Board Currency exchange
Re: Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 14/06/2019, 16:58:35 UTC
Just a quick update.  This investor seemed to check out up until the time came to start KYC then he became paranoid and started trying to change the terms of the deal.  We decided to end discussions with him.
Post
Topic
Board Currency exchange
Re: Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 28/05/2019, 02:15:09 UTC
Let me point out a fact that most have not touched upon.

Since you / your client is willing to do this through cash, it would mean someone with that amount of BTC would have to meet you physically. Risking their anonymity and possibly endangering themselves.

Anyone with stacks of cash can get a gun and then point it at the BTC seller - forcing them to give up their BTC - since they showed up that must mean they have the BTC.

If this never occurred to you, then think about this. Possibly this guy (if it is not you) - is playing you along to find the right bait.

I am sure you are acting as an agent here, but I would advise you to let it go. Advice your "client" to buy the crypto online.


PS: Come to think of it, weren't you looking for investments into your project?



Anyways, good luck.

Yes that's occurred to me and the buyer.  The physical meeting would not happen in a hotel room, parking garage, etc... It would need to occur inside a bank or some other secure location where both parties feel safe and comfortable.


As to raising money for my project, yes I am.  This investor is interested in investing part of the money they have in cash in our project contingent on finding a BTC seller that will accept cash.  The problem is they need someone that can get the physical cash directly into BTC without triggering a taxable event by depositing it into a bank account.
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 26/05/2019, 10:50:41 UTC


I have a deep understanding of what I'm getting into.  --snipped--

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  

I do not know why you guys first show your crypto understanding by first working in already established crypto projects? Show you commits or problem solved by you before you claim that you have deep understanding.

Vitalik was a core bitcoin developer before the creation of Ethereum and his crypto understanding is already known to all.

Market is full of scam news and in current scenario it is very difficult for you to gain investor trust/funding.
[/quote

Re-inventing the wheel is a bad software engineering practice.  We build new solutions on top of existing ones so we do not waste time rebuilding something someone else has already built. 

The new solution I invented is outlined in our whitepaper.
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 26/05/2019, 10:43:09 UTC
I have a deep understanding of what I'm getting into. I first started following the crypto industry in 2013 (same as you), started learning coding in 2014 and have been intensely studying the surrounding tech and participating in the industry since early 2016. Lack of a day job at a crypto company does not mean I don't have technical experience with crypto. If there's a problem with the tech I designed I'm all ears, but insulting our experience based on our prior work history not including direct experience with an established crypto company is unhelpful.  We're using blockchain to build automated record keeping software to replace specific processes at banks and we all have direct experience with the processes we're looking to automate.

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  The current processes our software will replace cost financial firms millions of dollars per transaction so there's a huge reward so long as the project can be properly funded.  If we were rich we would fund it ourselves, but we're not rich and can not afford to work on the project full time anymore without funding
Calm down, mate!
Criticism is a common thing for every startup, you just need to prove you are solid and your project is solid.
To establish a project worldwide is not an easy task like 1..2..3, there is a lot of things need to be done and digest to make it successful.


I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.
This is the thing you need to prove in order to show legendster that he is wrong.


You gave Vitalik Buterin as an example... read this story, you will know how much he struggled to establish Ethereum.


A friendly advise if you want to get your project funded then find another path. Just posting in Bitcointalk will not help you imo because members here are very skeptical.
Maybe if you were an established member of this community then maybe some members could have shown interest. But that's not guaranteed for sure I guess.


Good Luck!



Yes criticism is common, but deconstructive criticism helps no one. Our experience is right in line with the product we're building. It's not like we were flipping burgers yesterday and randomly decided to start a cryptocurrency startup.  


I'm not expecting many leads from this post, but you never know.
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 26/05/2019, 10:12:03 UTC
If you think to ask for your proof of experience where I can see none is an insult then I suggest you find a better use of your time.

I'm done talking here.

You directly dismissed our experience and said "form a proper team first".  At the very least that's unhelpful advice.
Post
Topic
Board Currency exchange
Re: Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 24/05/2019, 16:53:31 UTC
and the physical cash is conterfiet

The BTC seller can do whatever they need to verify the cash before the exchange is finalized
Post
Topic
Board Currency exchange
Re: Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 24/05/2019, 16:28:09 UTC
Looks like something illegal then it's probably wise for me to not get involved.

There are many legal tax loopholes. Don't go cod the illegal ones. Find an island where corporation tax isn't a thing. And then one where income tax isn't a thing...

I don't think it's illegal, I've had a guy that owns a company that does these types of exchanges vet him and he says the guy is legitimate.  The problem now is the guys company wants to take the cash to their bank and deposit it which will take 2-14 hours and then send the BTC and the investor wants the BTC right after the cash has been counted and verified.  Seems like a reasonable thing to be concerned about
Post
Topic
Board Currency exchange
Re: Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 24/05/2019, 15:49:41 UTC
Why doesn't this individual do the trade themselves and gets someone else to do it?

You know a lot of exchanges give a good discount to large buyers (on fees) ...

Because the money is in physical cash and the individual is trying to take advantage of a tax loophole in their country that prevents the cash from being able to be deposited in their bank account directly.  It has to be a direct exchange cash for BTC otherwise they won't be able to take advantage of the loophole
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 24/05/2019, 15:41:46 UTC
Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.

We're young founders working on our first startup and can't hire a team without money, hence the post.  Insulting our experience helps no one.


Learn to take a hit.

When you say young, I see inexperience.
I'm only asking why anyone should invest their hard earned money on you guys while there are literally hundreds of options with teams that have way better exposure to this sector.

And if you can't handle that then you better lose any hopes of furthering your project in this space. Trust me there are worse things to be said.


You don't have to be Satoshi  to understand how to use crypto.

But you do need to have some understanding of what you're getting into if you're expecting other people to pay for your adventures. If you did it with your own money, no one would care if you washed it down the drain.

Here's an advice :

Work on something with your existing team. Build connections first. People that have exposure to this industry and someone that can guide you.

I have a deep understanding of what I'm getting into. I first started following the crypto industry in 2013 (same as you), started learning coding in 2014 and have been intensely studying the surrounding tech and participating in the industry since early 2016. Lack of a day job at a crypto company does not mean I don't have technical experience with crypto. If there's a problem with the tech I designed I'm all ears, but insulting our experience based on our prior work history not including direct experience with an established crypto company is unhelpful.  We're using blockchain to build automated record keeping software to replace specific processes at banks and we all have direct experience with the processes we're looking to automate.

I do get your point that from an investors perspective we don't have prior successful companies under our belts which means investing in our project is inherently more risky than investing in someone more established like Elon Musk or Vitalik Buterin, but at some point they were in the same position as us right now.  The current processes our software will replace cost financial firms millions of dollars per transaction so there's a huge reward so long as the project can be properly funded.  If we were rich we would fund it ourselves, but we're not rich and can not afford to work on the project full time anymore without funding
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 23/05/2019, 22:53:55 UTC
Your CTO has no technical history in cryptocurrency - at least according to his Linkedin profile.

Your CEO is just a management consultant.

And idk what your CIO is or wants to be.

Please form a proper team first.

We're young founders working on our first startup and can't hire a team without money, hence the post.  Insulting our experience helps no one.  You don't have to be Satoshi  to understand how to use crypto.
Post
Topic
Board Currency exchange
Topic OP
Looking for large BTC holders that are willing and able to accept physical cash
by
Praedium
on 23/05/2019, 22:27:38 UTC
I'm in contact with a wealthy individual that is looking to purchase 1-10 million EUR worth of  BTC with physical cash.  Cash is clean, individual is willing to undergo KYC/AML and transaction will take place inside a secure bank in Europe.

We are in talks with a company that can help facilitate the transaction but are looking for other individuals in case the deal falls through.

Please PM me for more details.
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ICO][DPOS][DEX] SWAPBLOCKS: Decentralized Interest Rate Swaps
by
Praedium
on 09/04/2019, 21:38:37 UTC
So this SWAPBLOCK will be removing the influence of the middle man, and that will makes the excess fee that usually goes to the middle man will be removed, that way will reduce the excess cost for every transaction.

Yes exactly! It's hard to pinpoint the exact cost of the middleman considering that data is private, but for products like Interest rate swaps, the cost of the middleman is in the $1,000,000 - $2,000,000 range.

Where did you get these prices? What kind of transactions does this apply to? Removing an intermediary does not always lead to savings, because the risks of fraud of the platform itself grow, no one takes this into account.



Just now seeing this message, I apologize for not getting to you sooner.  We got these numbers directly from a consulting firm that handles these types of transactions.  Our new focus is on a repurchase agreement platform and we are now working with management at companies that work with these types of transactions so we can accurately pinpoint which processes we're able to replace or eliminate and the exact cost of each step.
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ICO][DPOS][DEX] SWAPBLOCKS: Decentralized Interest Rate Swaps
by
Praedium
on 09/04/2019, 21:31:39 UTC
We've been added to the altilly exchange and the new team members have been added to our website, along with a section on Swapblocks REPO!


https://www.altilly.com/asset/SBX
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 09/04/2019, 21:29:06 UTC
You can put your website here to make everyone knows to your project.

Don't make it secret if you really need a funds, most people likes a project which has transparency and try to explain all of your project here.

After that you can put your contact and also you may give an update  here that there is a person who interested to your project.

Maybe it can makes everyone interested.

Website has been added
Post
Topic
Board Marketplace (Altcoins)
Re: Looking for private seed stage investor for project
by
Praedium
on 09/04/2019, 21:27:27 UTC
What amount of investment is needed and what are we ready to offer?  Undecided

I just sent you a pm
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Topic
Board Marketplace (Altcoins)
Topic OP
Looking for private seed stage investor for project
by
Praedium
on 22/03/2019, 05:30:55 UTC
I'm the CTO for a blockchain project called Swapblocks.  We've recently merged teams with another project, adding 3 team members and are starting to gain traction.   The new team members haven't been added to the website at the time of this post but should be up soon.  Our biggest hurdle right now is fighting time.


If you're an angel/seed stage investor looking to invest in an early stage project PM me.



**edit**

Here's our updated website

https://swapblocks.io
Post
Topic
Board Altcoin Discussion
Re: Accredited Investor Portals for buying ICO
by
Praedium
on 22/03/2019, 05:14:55 UTC
What do you actually mean when you talk about crypto accredited portals, are you not referring to ICO or STO , STO are very much regulated by the government and they are investment platforms where investors can invest money into a project in order to make profit in return in few months or even years, one of the popular company that carried out an STO recently is binance exchange which is the most popular crypto exchange in the world.

I don't understand the part you are talking about down payment, maybe you can throw more light on what exactly you are looking for.

Our coin fails the howey test so it isn't considered a security, however the SEC may not agree until we release the beta version of the project. 

Most of the ICO/STO platforms charge significant fees to list your coin on their site.  Coinlist was charging $50k last summer, now charges $20k, I'm not sure what republic charges yet but I think it's somewhere between 2k-5k upfront.  They also typically charge 2-5% of the proceeds from the sale in addition to the upfront fees. 
Post
Topic
Board Altcoin Discussion
Re: Accredited Investor Portals for buying ICO
by
Praedium
on 22/03/2019, 04:59:10 UTC
I recently came across https://republic.co/ and was wondering if there were any other crypto focused accredited investor portals.  Also want to find one that has no up-front fee.  We looked into coinlist last summer and at the time they wanted $50K upfront plus 2-3% of the funds raised.


Recently learned that advertising a Reg D 506 b sale inside an accredited investor portal does not count as general solicitation so it'd be nice to be able to reach new investors.
How are they gonna to find the credibility of investors in accredited investors portal? Sounds very confusing to me. Why do they charge an upfront fee for this purpose?

They verify that the investors meet accreditation status, this can be as simple as verifying they have $1000000 worth of crypto in a wallet they control or a letter from a lawyer saying that the investor is accredited.  The purpose of this is to comply with US fundraising regulations.  All it really does is add unnecessary barriers to entry to fundraising.  The platforms charge the upfront fee because they can.  Coinlist lowered the upfront fee and it's now 20k instead of 50k.   These platforms are working off the fact that the SEC is unpredictable and will call any crypto a security even when it's not, even when it's not in the publics best interest.   Seems there's a lot of corruption going on with the SEC surrounding currencies.