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Showing 4 of 4 results by coin0rca
Re: IS DENT A SCAM? THE TEAM IS SELLING THEIR OWN BAGS AND DUMPING THE PRICE
Another 17mil move out as decoy from primary wallet.
Third wallet remain 5mil to be dump
second wallet remain 184mil to be transferred.
I will keep watching
Third wallet remain 5mil to be dump
second wallet remain 184mil to be transferred.
I will keep watching
Yeah you keep watching. $45k payment in a multi-million dollar business aiming to disrupt a multi-billion dollar industry? Really, that gets your tits in a tussle? Looks like an invoice or fucking rent payment. I can't believe we're doing this. Maybe we should ask the team to disclose their next Starbucks latte purchase as well.
Re: IS DENT A SCAM? THE TEAM IS SELLING THEIR OWN BAGS AND DUMPING THE PRICE
At last year's Coinagenda Europe, Dent came second, behind three-way-tie for first Propy, Salt Lending and Omega One.
Wrt calling a project a scam, are you guys lumping Dent Wireless with let's say SALT, which raised $48.5M, after which CEO took off (https://markets.businessinsider.com/news/stocks/nexo-offers-to-acquire-the-remaining-assets-of-competitor-salt-lending-1027407969)?
Dent has reached (or exceeded) each and every milestone on time, they have a working product, team, including founder(s) hang out on Telegram almost daily, constant Twitter action etc etc, yet they are a scam? Wtf? I get it, I'm pissed off with the current price as well, but that's not the same as calling the project a scam or claiming team is dumping tokens to get rich. Why in the fnck would the devs maintain a social media prescence or active comms on Telegram, if their goal was to scam token buyers? Why not walk away with it all at ATH?
Shitty price at the moment, yes, but a scam, well, if yes, you better redefine scam in that case.
Wrt calling a project a scam, are you guys lumping Dent Wireless with let's say SALT, which raised $48.5M, after which CEO took off (https://markets.businessinsider.com/news/stocks/nexo-offers-to-acquire-the-remaining-assets-of-competitor-salt-lending-1027407969)?
Dent has reached (or exceeded) each and every milestone on time, they have a working product, team, including founder(s) hang out on Telegram almost daily, constant Twitter action etc etc, yet they are a scam? Wtf? I get it, I'm pissed off with the current price as well, but that's not the same as calling the project a scam or claiming team is dumping tokens to get rich. Why in the fnck would the devs maintain a social media prescence or active comms on Telegram, if their goal was to scam token buyers? Why not walk away with it all at ATH?
Shitty price at the moment, yes, but a scam, well, if yes, you better redefine scam in that case.
Re: IS DENT A SCAM? THE TEAM IS SELLING THEIR OWN BAGS AND DUMPING THE PRICE
Per Devs/Team on Telegram: end of June, company had paid
- over $2M to operators in data purchases alone, in return company gets DENT tokens which they have to liquidate
- $1M ($10-$12k/day) for SMS verifications
- between $2 and $7 in user acquisition, depending on region (marketing); with over 3 million users, let's average that to $4 per user, so $12ish million so far? (https://www.statista.com/statistics/185736/mobile-app-average-user-acquisition-cost/)
They raised 21K ETH during ICO (out of 152K they were actually after). How in the fnck did you think this was going to go? Use that 21K ETH -- which would've been depleted probably by now already -- and call it a day?
=> less than 10% of company assets have been used in the first year to run the business. If you've ever seen the burn rate of startups, you'd come to the conclusion Dent has been operating with great care wrt to their funds.
- over $2M to operators in data purchases alone, in return company gets DENT tokens which they have to liquidate
- $1M ($10-$12k/day) for SMS verifications
- between $2 and $7 in user acquisition, depending on region (marketing); with over 3 million users, let's average that to $4 per user, so $12ish million so far? (https://www.statista.com/statistics/185736/mobile-app-average-user-acquisition-cost/)
They raised 21K ETH during ICO (out of 152K they were actually after). How in the fnck did you think this was going to go? Use that 21K ETH -- which would've been depleted probably by now already -- and call it a day?
=> less than 10% of company assets have been used in the first year to run the business. If you've ever seen the burn rate of startups, you'd come to the conclusion Dent has been operating with great care wrt to their funds.
Re: [ANN][ICO] EARTH TOKEN - Participate in the $120 trillion natural asset market
First post here so bare with me 
I was asking this on telegram a few days ago for clarification: with no soft cap (minimum target), if the the project will go ahead with launching the Natural Asset Exchange regardless of the outcome of the ICO, why then hold an ICO? Answer was, the project needs the funds to accelerate building of the EARTH ecosystem. Seems plausible, but perhaps a "want" rather than a "need"?
So as it stands, the project has raised $7.5mil, yet the token sale has been extended until March 2018?
Please correct me if I'm wrong but to me it seems that either
a) Earth doesn't have enough funds -- $7.5million in this ICO economy in which most ICO's seem to be failing seems quite ok to be honest, and nicely done btw! -- to complete the projected milestones, in which case the statement the project will continue regardless of ICO funding seems false, or
b) Earth has enough funding, due to again, statement claiming project will continue regardless of ICO, yet the ICO has been extended by three more months -- smells of money grab?
I was asking this on telegram a few days ago for clarification: with no soft cap (minimum target), if the the project will go ahead with launching the Natural Asset Exchange regardless of the outcome of the ICO, why then hold an ICO? Answer was, the project needs the funds to accelerate building of the EARTH ecosystem. Seems plausible, but perhaps a "want" rather than a "need"?
So as it stands, the project has raised $7.5mil, yet the token sale has been extended until March 2018?
Please correct me if I'm wrong but to me it seems that either
a) Earth doesn't have enough funds -- $7.5million in this ICO economy in which most ICO's seem to be failing seems quite ok to be honest, and nicely done btw! -- to complete the projected milestones, in which case the statement the project will continue regardless of ICO funding seems false, or
b) Earth has enough funding, due to again, statement claiming project will continue regardless of ICO, yet the ICO has been extended by three more months -- smells of money grab?