Hi All, Airdrop and Bounty whitelist has been checked and validated. Please see below link to check your token allocations. Token allocations will not be changed and our decision is final.
Over the coming days, we will publish instructions on how to claim your tokens.
Re: 🚀[ BOUNTY][NO KYC] Cloverdex ICO- HOT BOUNTY CAMPAIGN over $700,000 TO SHARE 🚀
by
cloverdex
on 17/03/2019, 06:53:58 UTC
Hi All, Airdrop and Bounty whitelist has been checked and validated. Please see below link to check your token allocations. Token allocations will not be changed and our decision is final.
Over the coming days, we will publish instructions on how to claim your tokens.
As shown in the original post, Cloverdex replied with much respect to the individual in question making these accusations. His tone was both accusatory but also rude which is why he was banned. We have zero tolerance for such attitude unfortunately especially towards our CEO.
Why ICO ? not IEO. Since its an exchange it should be launch with exchange token to prevent dump of token price in the bear market because of unnecessary long term hodling of coin. binance is a very big exchange, thriving in Europe and has already started integrating the fiat to crypto exchange in the continent. If their service is satisfactory and has built enough confidence how do u plan to get your customer among so big competitor.
ICO is needed for the initial funding of the project. we can't stop dumping of price, however we have employed a number of strategies to in terms of token distribution to ensure the tokens are disrtibuted to a varied and large number of people. These strategies include airdrops and bounty programs. This aims to ensure that no single group of people or person has too much of the tokens that will allow for market manipulation. Please also note that team tokens will be vested over a number of years. Trust us when we say that this is not a short term project for us. We are in it for the long haul.
The information that can be found on the website shows that at the moment in the development team is involved five persons and all five are directors. It seems to me that a much larger team will be needed to manage such a project. Do you / when do you intend to enlarge the team?
That is true. sorry about the late response, have been busy with developers and the ICO. We believe that a lean team (especially one that is high performing) is much more effective then a large team. the development side of things are going as planned and we have engaged a number of contractors at this current time.
Please note that the website only lists the core members, as opposed to everyone working on the project etc.
The will be tools that everyday investors can use to better evaluate their positions
Can you give an example? It seems to me that liquidity is primarily important to traders.
The below screen shot will give a bettter idea of the technical indicators we will use. each indicator will have a different weighting to the overal score.
I hope you will succeed. Can you tell how you will resolve the liquidity issue?
Liquidity will be tackled across a number of fronts. A major feature will be the ability to connect to other external exchanges to increase liquidity. In instances where the internal trade engine cannot find a suitable trade, the sell/buy request will be referred to our external trading engine which will identify best prices across other exchanges and make the trade (via their api's). From a user perspective, this is all in the background and they will not see any difference in the user experience.
Our exchange with also have social copy trade features which will also assist with increasing volume and liquidity.
More information on the implementation of these features can be seen in our whitepaper
Post
Topic
BoardBounties (Altcoins)
Re: 🚀[ BOUNTY][NO KYC] Cloverdex ICO- HOT BOUNTY CAMPAIGN over $700,000 TO SHARE 🚀
The project will issue an EFTPOS debit card, can you now tell what the terms of its use are, how much it will cost, whether there will be a monthly user fee, what interest for the performance of operations on it.
hello bitkocha, The terms of the use are currently still being worked with our payment processor, however all we can say at this point is that it will be very competitive. Regarding the monthly fee, we are looking at ways to not have a fee, however it may be the decision that users who have a certain amount of CLDX tokens in their wallet will also gain free monthly fees.
In terms of the interest, as this is a debit card, there is not interest on the principal per month.
The will be tools that everyday investors can use to better evaluate their positions
Can you give an example? It seems to me that liquidity is primarily important to traders.
The below screen shot will give a bettter idea of the technical indicators we will use. each indicator will have a different weighting to the overal score.