Has this been implemented yet? I see I am still able to increase my offsite exposure, bumping up my total estimated stake if I were to do so. Is this feature only on any new btc deposits after 4-28 or are you still in the process of implementing and changing it as of now (4-29)?

EDIT **  I see the message when actually attempting to do so Offsite investments are deprecated. You cannot increase your offsite investment. Disregard my previous comment.  **

You an epic Chinese troll or just dense? Exchanges drive value, not actual utility of a token? Think about that again and please reply here again. And for anyone else throwing a fit about exchanges/marketing etc, you obviously don't care about the long term implications of STA. Stick to short term trading and find more easily hyped coins. They will probably offer larger returns at a greater degree of risk.

Exchanges drive price in the short term, utility drives it in the long term. Utility is all that matters if you're investing, not trading. This token will still exist in a few years. Hard to say if that will be true for 90%+ of the coins/tokens on the market right now.

This is not a team of developers building anything. When you bought this token, you should know that. It is a VC team that buys in seed stages and sells when the company matures. The only thing that matters is announcements like this and when actual buybacks happen on Waves DEX and Tidex. Exchanges, daily interaction, photos, videos, audio are not needed. Promote this coin when the buyback and burn occurs. That is enough incentive to promote this token.

I don't quite understand your post as I don't think you're a native English speaker, but the MBRS team is very active and engaged with the community on their twitter feed and telegram channel.

Yes, it looks like the team is growing and the project is taking shape leading up to the desktop release later this month. Hopefully all goes smoothly and this will be the first reliable mobile DFS crypto platform come January. Big things coming and looking forward to it 

Miners receiving 80% of the block rewards and dumping instantly since this coin is very profitable to mine (or rather - was). It has probably dumped enough in value recently the only people mining the coin now are those who will hold the coin and believe more in the project itself. Also, the rewards will be 50:50 miner/MN split in January. All these factors together indicate we are forming a bottom now or already made it. Buy...

I am not from the team, but I did pick up some STA post-ico around $0.50. I am familiar with the space as I used to have a career in investment banking dealing in asset management. Things take time in the venture capital world. This is not a network coin where the value will go up with more users/exchanges and it never claimed to be. But I will say this coin is trading well below its book value right now and it's due to the fact of having little exposure and ICO investors having no idea what they bought in this offering and selling in an illiquid market. I'm not sure about the exact buyback times, but I think you may be correct that they will occur every quarter but only AFTER exits from their portfolio companies and this will most likely take another year for the first exit, if not multiple years.

As investors, we can look forward to possible bonus buybacks and/or tokens in the meantime. I know CND has a vesting period of 1 year, but the other ICO tokens may not have vesting periods and we may get distributions and/or buybacks sooner. We have to await the news for each specific ICO. The team updates in telegram from time to time. You can look at this token as a small hedge to a cryptocurrency portfolio as it has real world crossover (dealing with fiat money). One should not expect it to follow the cryptocurrency market in general.

Many top 100 coins on big exchanges are down the same amount percentage wise from July (the date of STA ico). Look at SC or GAME for example. Those are two I own, but there are probably another 25 in the top 100 down more than half in USD/BTC value since July. It has nothing to do with exchanges.

Yes, the STA team could communicate better. But as I said in a previous post, there is little for them to say at this point. They won't perform buybacks until they exit their positions from companies in their portfolios and the ICO tokens they received from companies they had minority stakes in are likely locked up for 1 year due to the vesting period as was stated for CND before they are able to sell them and buy back STA with the proceeds.

Agreed, whole purpose of having a functional token like this is the ability to use it. With the mobile launch and beta so far away, there is very little incentive to buy this token in an ICO. It will not likely appreciate much in price from ICO date until platform launch as the team is not doing anything particularly innovative in the blockchain space. You are just building a sportsbook with low margins. This ICO would be more successful if you had a current website we could bet on with just bitcoin for instance to get excited about the low margin offerings with high liquidity. And then you could present the ICO and you'd raise a whole lot more.

Something like Wagerr may or may not work out, but at least there is a rationale for an ICO for a project like that. I'll wait for this one and look forward to using your platform as a bettor myself when it is ready in fall of next year, but I will be holding other coins/tokens until that time as they offer far more growth from now until that time. This token has no incentive to 'get in early' so to speak. Hold your bitcoin and/or altcoins and buy this one next year guys. You'll have a lot more FAN to bet with that time. If all the tokens in week 1 were sold, it'd raise 117,000 ETH. This project doesn't need 35+ million. It could do fine with 1/10 of that amount. The minimum raise of this project at 5,000,000 should actually be the hard cap if valuations actually mattered in the crypto space.

If you purchased at the ICO stage, that is about right. And you can be sure impatient investors who sell now are basically giving their 5 million in capital and the value of their tokens currently straight to the pockets of Starta Holdings and potentially their friends and family as STA knows exactly when they will exit their positions and when buybacks will be performed. They know approximately the real book value of what the STA token encompasses and they can wait for the market to depress before buying in on their own positions before the rounds of buybacks start. Whether you like it or not, the crypto market is ripe for insider trading and impatient people will get slaughtered in a project that has crossover in real world businesses and companies.

No, you won't get these tokens. Information from telegram is as follows:


Dear All!
Cross Coin and Starta Accelerator to pioneer new VC tools with first STA token buyback following Cindicator tokensale

7 September 2017
New York – Singapore

Funds raised through a tokensale by one the project’s portfolio companies will be used to deliver value to Starta token holders

Throughout the month of September, hi-tech startup Cindicator (CND), which is part of the Starta Accelerator portfolio, will be selling cryptographic tokens in two successive rounds. A proportion of the new tokens will be transferred through Starta Accelerator to Cross Coin, the company through which $5 million was crowdfunded for investment in Starta Accelerator’s portfolio. Holders of Starta tokens (STA) released by Cross Coin will, for the first time, benefit indirectly from the distribution of the portfolio companies’ tokens. Cross Coin will repurchase STA tokens from the open market using proceeds from the sale of its share of CND tokens.

In accordance with Cindicator’s terms of placement, 18% of CND tokens released will be distributed to the company’s shareholders. Around 5% of these, or approximately 0.9% of the total number of new tokens, will be distributed to Starta Accelerator, one of the shareholders. In turn, Starta Accelerator will send a third of the received tokens to Cross Coin Pte, a Singapore-based company, in proportion to its share in the SPV ‘Starta Accelerator 16/17’.

Cross Coin intends to sell the CND tokens received from Starta Accelerator to a strategic investor – taking into consideration the conditions of the one year vesting imposed on these tokens – and to use the entirety of the proceeds to buy Starta (STA) tokens.

‘This is a new mechanism developed by us specifically for participants of venture-based token sales and providing an opportunity to participate in the portfolio’s startup businesses. Participants of Cross Coin’s token sale will be able not only to expect profits from startups’ exits, but also to participate in intermediate buybacks by passing through all stages of growth for each of the 21 startups in the investment pool and new startups, which will enter the accelerator portfolio in the future,’ comments Alexey Girin, co-founder of Starta Accelerator and the Starta Capital VC Fund.

STA tokens will be bought back from the market in WAVES and BTC. Starta tokens will be repurchased at a market price, within one month from the date of funds from the sale of Cindicator tokens being credited to the Cross Coin wallet designated for the buyback procedure. The technical possibility of transferring CND tokens from Cross Coin to the buyer’s (strategic investor’s) wallet will be possible only after vesting, with a period of one year applied on these tokens.

At the same time, Starta Accelerator will maintain a share in Vote Inc, a shareholder of Cindicator, and expects to continue receiving profits as far as Cindicator develops. CND tokens are infrastructure tokens for the Cindicator technological ecosystem. The distribution of tokens should be considered as a ‘bonus’, rather than an exit from the Cindicator project.

The process of buying STA tokens back is carried out on the initiative of Starta Accelerator. Cindicator does not have any obligations to owners of STA tokens or to Cross Coin Pte. CND tokens are not a type of security, and they are prohibited for sale or transfer to citizens or residents of the USA, Singapore and a number of other countries.

It has been disclosed that the tokens received from the CND sale have to be held one year before they are able to arrange a sell to a secondary buyer per agreement with CND in regards to the vesting period. It will probably be a similar timeframe for other tokens that STA receives. So expect one year from ICO dates of those companies in STA portfolio to sell and have cross coin buy back STA on the open market.

This only covers the tokens received from the ICOs. These serve as a 'bonus' so to speak. STA, and crosscoin, still own a percentage of each of these companies too and will make exits further along. I think 3-4 years is a bit much in the crypto world, but we should expect at least 2 years for their exits from the companies that are successful in obtaining 10+ million valuations. It will be at this time that they receive funds to buy back STA on the open market as well.

There is little news from STA at the moment due to the fact there is little to discuss. VC companies like this just fire away at different companies that have potential and hope at least a few hit it big. They then sell their positions years later. That is how this game is played. Anyone buying the STA token should know this as well. We can look forward to buybacks on STA from the proceeds of any ICO coins that Starta Holdings owns within maybe a year, but any holders of STA need to be patient for the actual exits from the successful companies in the portfolio. These exits will take many years.

This is a long term play. Perhaps Starta Holdings even holds a few of these companies to a 50+ million valuation if they see a lot of momentum. Seeing as they own I think around 7% of these companies and cross coin owns 1/3 of the 7% (around 2-2.5%), if they sold their position in one of these companies at that valuation, that'd be 1+ million buy pressure on STA trading around a 2-3 million valuation currently. That buy pressure alone would catapult prices massively.

Nothing is coming along, dev isn't working on project atm. Says he will Sep/Oct and approaching the halfway point of this month now...

Dev team is mute? They release a new article about their startup everyday about a new company they added to the portfolio or a new token that will ICO that they have a stake in through slack/twitter/telegram. Just wait until the first actual ICO in their portfolio goes through. That will be this month. You will get your airdrop to the waves wallet you hold your starta in. The blockchain is open and they can see all public STA holders and will airdrop that way.

Mine is showing around the same difference last time I checked the rich list (between 500-1,000 coins). So it's not just you for sure.

Thanks, that was easy enough. Looking forward to interacting with our gladiators soon enough

Not too familiar with having to execute the contract as the end user. When attempting to use the 'payme' function, it is asking for ETH to write to the contract. Is this amount sent on the network to release/execute the contract? If so, what is an appropriate amount to send and at what gas limit? Many thanks.

Not the dev. If he dumped, he did so weeks back when he was more active here, and when enthusiasm and the price were higher.
Everyone who holds MAR is now at the mercy if he really is continuing to work on this project. All holders can do is hope it is just a summer break.

One thing is true what stompper said, no would or should buy MAR now. Hold, yes. Sell, maybe. Buy, no....
MAR dev could prove otherwise by providing a roadmap or at the very least giving a date when work and activity will pick up again. Not a broad two month time frame 30+ days away.

no

Always fight the good fight, buy sire.