Hi and thanks!

Our softcap is met, and the project will already be moving forward. I do hope you follow us on Twitter, Telegram, and join our Discord too!

We'll be coming out with a very exciting update later today.

Thanks! Development of our platform is still underway, but we did release an MVP before the start of the current crowdsale

You can follow the development of our platform, the BullToken Community Platform (BCP) on youtube
https://www.youtube.com/watch?v=LayRuJkC6kM&list=PLqGUV1FLdS694X8mSQvBZYrrDXCCXJBHG

Hi!

Sorry about the late response here.

Regarding low project awareness: We are a bootstrapped project with a minimal marketing budget and the result is very little hype surrounding our ICO. Something that overtime as the project matures will definitely change.
Regarding the tokens sold: If you complete the account registration process we will then provide you with our ICO smart contract. From there, it's all on the Ethereum blockchain

That'll be a glorious day Asgeirk! A glorious day!!!

Hello jbarger5!

Thanks for commenting here. We are just as excited to have you in the Community!

Word of mouth goes a long way, and we're hoping you continue to "pay it forward" just as you were given that opportunity!

You're not alone being new to the crypto-scene, so if you have any questions, don't hesitate to ask! We also think it's an amazing idea and it should make for a wild ride!

It's awesome to have you here Josh! See you on the BullToken Community Platform


Best Regards,
Louie

olli_00!

We are stoked to have you in the Community!

This time we're living in right now is very exciting to say the least! Cryptocurrencies has quickly gone from a strictly "nerdiest of the nerds" subculture, to just about every one at least knowing the bitcoin name. One thing is for sure, there's a movement going on, and we're glad you are here with us to be apart of it

Thanks for chiming in here Ole! Again, it's great to have such a enthusiastic member of the Community! Let's go make magic

p.s. you are absolutely a BullToken badass!


Best Regards,
Louie

Of course! You are very welcome

So I'm just gonna be blunt and ask straight out, have you joined our pre-sale and can I expect to get to know you a little better on the BullToken Community Platform next spring?

I sure hope so! 

Best Regards,
Louie

Hi again Pacificbit!

Well, I fully understand your concerns, and agree that it's not a bad idea to err on the side of caution. From what I understand, it seems Canada's Ontario Securities Commission is saying they encourage this new form of raising capital, so you might want to check with the OSC. There have been a few publications on this matter, this is just one article I found. https://news.bitcoin.com/canadian-securities-commission-cryptocurrencies-icos/

I suggest you do some more research for yourself, but I would like to say that we have used quite a bit of resources on a legal team, and according to Norwegian securities laws, which are very similar to those of northern America, we are not classified as a security.

As far as in the future being classified as a registered security, I've stated in other posts, this is something we hope to accomplish by the start of the mainsale. Some small changes would be made to our underlying concept if this is the case.

I encourage you to follow along, and if you haven't already done it, create a BullToken account so you are added to our mailing list. All updates regarding this will be published via our newsletters, and having a BullToken account is definitely 100% free and legal

Best Regards,
Louie

Hi phexchanger!

Thanks for the comments. We are slowly building an audience on twitter as well as bitcointalk. You coming in and making a comment is a big help!

I hope you have had a chance to read through the whitepaper. If you have any questions, don't hesitate to ask! Take care

Best Regards
Louie

Check out our ICOalert report: https://blog.icoalert.com/ico-alert-report-bulltoken-4a867cdc3297

Louie

Hi Pacificbit!

Thanks for the question! You're definitely on the right track. So instead of using your example as a single investor, I'm gonna use the whole community so it's easier to understand in relation to how things are going to function. But I will say that you are understanding the gist of it. 
So your question is "How will the profits from the community investments be returned to the investors?". For legal reasons, we need to be very careful about how we explain things, but as a "hypothetical example", do you understand the basics of an ETF fund? This is not much different, but at the same time it is very different, because we are officially NOT an ETF fund

The BullToken token represents each member’s share of all assets we as a community invest in. Since we don’t pay out dividends, an owner can sell BullTokens on major exchanges, as its exchange value goes up and down, if they so desire. As the value of our Community Investments increases, the value of BullToken will also increase.

As far as the BullToken buy/burn strategy, it's only a mechanism to ensure its liquidity on exchanges. This is something we may never need, but it’s in place and ready to be voted on by the community if needed.

And then there are a couple of other investment strategies to mention here as a supplement to what's already been stated by you and myself.

In order to distribute risk, we have 2 main investment strategies. The first investment strategy states that we will invest a maximum of 1% of our total Assets Under Management (AUM) in new blockchain projects, and not hold more than 5% in any one investment. Whenever an underlying asset increases to more than 5%, BullToken will partially sell itself down to 5%, and repurpose 80% of those gains into investing in new projects. The second strategy is also investing in established cryptocurrency assets. Our current guidelines state that a maximum of 20% of the total BullToken Investment Portfolio can be established cryptocurrency assets.

The last important strategy to mention is flexibility. Every day is an exciting day in the world of cryptocurrencies, but nobody really knows what will happen tomorrow. In order to be able to adapt to this fast moving industry, BullToken has set guidelines, not set-in-stone rules, and is willing to adapt by including our community in future strategy planning. Although this wasn’t part of your question, this is a very important reason for why BullToken is not a 100% blockchain project, but a hybrid. All transactions that need to be stored on the blockchain will be there for all to see.

As far as we can see, as long as there are innovative projects to invest in, then this is definitely a long-term sustainable practice

I hope I've answered your question well enough. Anything else you'd like to discuss, we welcome it with open arms!

Will I be seeing you on the Community Platform? I hope so!

Best Regards,
Louie

Hi spudsinteger!

Thanks for contacting us. All tokens that aren't sold once the mainsale is over will be burned/destroyed. Although, we don't plan on resting until the project hardcap is reached!

Best Regards,
Louie

Xytech! Thanks for getting in touch with us. So let me start by saying welcome to the community! Cryptocurrency community, that is. Hopefully soon, you'll be joining ours too. BTW, I also have invested in IOTA, and by no means does that translate to a non-belief in the future of blockchain

Ok, so I'll start from your first question, How well can we possibly do if we only reach phase 1, which results in product guarantee?
--- First, I want to just commend you for getting that far into the details. Even though you're a "new" investor, we'd be honoured to have you as a member of our community, with due diligence skills like that!

To answer your question, the project will absolutely still do well in the off-chance event we only reach the phase1 product guarantee line. At the time of writing my ICO prologue, I had an idealistic vision of how I wanted to run the marketing campaigns before the pre-sale. We honestly held out as long as we could trying to reach members of the crypto community via non-mainstream tactics, but humans have this sort of innate quality to not want to make a move if they are the first ones to do so. Try to google "how to start a movement" and that's a PERFECT example of how we as a species act. I hope I don't offend anybody, but humans are pack animals by nature. Nothing wrong with that! And although our thread hasn't had TONS of traffic yet, which btw ICOs manipulate by hiring bitcointalk thread posters, we have received an overwhelmingly high rate of positive feedback about the BullToken project. Actually, the only negative feedback we've gotten is from Facebook trolls putting silly comments on our ads. Bulls--t token, things like that. So all in all, we know we've done a good job, and it's just a matter of time

I have not given up on my first "idealistic marketing strategy", it just takes longer than a "normal marketing strategy" to execute correctly. "Normal marketing" is btw active and ongoing until the end of the ICO mainsale! The last thing I'd like to mention about our marketing strategy, we have a few tricks up our sleeves, and once those are disclosed, its like a domino effect. I see BullToken as 2017/2018 ICO sleeper of the year! Just wait, you'll see

Having said that, we did have today/yesterdau (it's now tuesday 03:15 dec 5th) over 2000 pre-registered ICO investors. How many of these investors will actually invest? Nobody knows. Will you invest? I hope so!
But once I activated our marketing campaigns, traffic started flowing, and since then, 2000+ people filled out 2 pages of information to be ready for the pre-sale, just like you did to access your referral code. So we are not worried at all about only filling phase 1. And as you stated, this will change as the project nears the mainsale anyway. This I promise you! As the CMO, I won't rest until I've filled the entire project hardcap. Today I got into the office at 5am, and now I'm still here almost 24 hours later, and expect to be back in my chair tomorrow morning at 8am. As long as there is something to do, this entire team is dedicated to making sure it gets done! I have a 2 week vacation coming up soon, so I'll rest on the plane

As far as the blockchain dying, and our chances of survival if that happens?
--- I'm willing to bet my life that Blockchain technology is here to stay for a long long long long time.

But, because here at BullToken we appreciate honesty and transparency, I'm going to give you an honest answer to that question(which today is probably very far fetched).
Will we survive if the blockchain crashes and dies? I think if any blockchain based project could do it, it's BullToken. But, how could we? In the unlikely event that happens, we're also looking at the vast majority of our underlying assets also disappearing into thin air. Having said that, if the blockchain is showing signs of withering away, I don't believe something like that can just suddenly happen overnight, and we would definitely adapt as a community to whatever changes are happening in the cryptosphere. So I'm going to officially say, yes we would survive. I think our community would do everything in it's power to survive a drastic landscape change like that.

Xytech, I hope I answered your questions well enough, and I hope everyone here uses your referral link! Thanks for your great questions! Very unique, and obviously well thought out. You're not paranoid, just trying to soak it all in and process the vast amounts of new info

Take care, hope to see on the BullToken Community Platform! Any more questions, shout em out!

Best Regards,
Louie

Thanks narielle! The same to you.

Best Regards,
Louie

Hi jttp!

Thanks

Great question! Our first priority is running a safe and secure ICO. The github repository links for our ICO smart contracts will be published after a code audit, giving ample time for a bug bounty before the pre-sale begins.

When it comes to running an Interactive Coin Offering, this is still something we are working on, and we hope to be able to do this before the start of the mainsale. Before the pre-sale begins we will be publishing the pre-sale AND mainsale smart contracts, for obvious reasons of transparency. 

If we manage to create a successful InteractiveCO in time(while keeping priority 1 in tact), then we will do the same as we are doing now. We will have a third party code audit, then run a bug bounty. Then we would need to publish, loud and clear, that our original mainsale smart contract has been changed in order to support the Interactive protocol.

So just to quickly summarise, everything right now reflects our original plans of an Initial Coin Offering pre-sale and mainsale, but our smart contract developers are still working on making an InteractiveCO in time for the mainsale. Our number 1 priority is first and foremost security. Fairness will have to take a backseat to an unhackable smart contract

We are confident that the Interactive protocol will be coded into our smart contract before mainsale, but we also did not want to start the pre-sale without having a working mainsale smart contract available for all to see.

Thanks for the great question! Hope to see you on the Community platform!

Best Regards,
Louie

Hi again Wakhid Mukti!

I'm glad to see you here again following along! You should subscribe to our YouTube channel. We'll be posting videos often, where we explain and answer questions we receive. Here's our channel: https://www.youtube.com/channel/UCIVpRdSiA7x-TSPNPRsmREg

Also make sure you watch the first episode of "Casual Q&A"! You make an appearance in it Take care! Hope to see you in the Community!

Best Regards,
Louie

Hi narielle!

Thank's so much for the kind words. We also think it's important to have not just a transparent concept and business model, but also team members.

Be sure to follow us and subscribe on https://www.youtube.com/channel/UCIVpRdSiA7x-TSPNPRsmREg where we will be posting many "Casual Q&A" episodes. Should really help in understanding everything in more detail. And let us know if there is anything specific you'd like to see a video of.

Thanks again! Hope to see you in the Community!

Best Regards,
Louie

Hey Mr.cryptos!
This thread was set up before we were listed on ICO listings. Hopefully we'll have some steady traffic here moving forward.
What do you think of the project?

Best Regards,
Louie

We'd like to introduce to you, Espen Moen Kvelland. He is the Chief Technical Officer of the BullToken project.

Espen is CEO of Akeo, a software developement company and one of the first Norwegian tech company to join forces with the Enterprise Ethereum Alliance.

Watch Espen's interview about the BullToken project here: https://www.youtube.com/watch?v=l4ikERZ0AGw

Hi akshay02aku!

We love that you love it!!! Thanks for you questions.

1. Your referral Karma total will show up on your profile page once the pre-sale event begins on Dec 7th. Hover your mouse over your name in the upper right hand corner, then click on "profile". Once your profile page opens, the "Karma" tab is where you will see the total number of referrals who have registered, and the total number of registers that have invested. You and all those you refer that join the ICO pre-sale(invest) will each receive Karma bonuses. Remember though, this is only something we are offering during the ICO period. Once the mainsale is over we will not be offering free Karma any more

2. Thanks for offering your help! You can absolutely help by joining the bounty campaign once we release our code set. As far as project development, we have this covered already

The Norwegian software dev company, Akeo an Enterprise Ethereum Alliance member, is teaming up with another highly qualified dev team, Rubynor, also based in Norway. But I appreciate your enthusiasm to help us!

Thanks for your questions akshay02aku! We'll be seeing you on the platform!

Best Regards,
Louie