Quote from: SmiloPlatform on October 21, 2018, 04:39:52 PM

1. The smilo token that you're currently selling doesn't exist. It will appear only when you launch your mainnet in Q2 2019. Am I right?

Yes, that is correct. Smilos public ICO will take place after the launch of our mainnet, and public ICO investors will receive native Smilo tokens.

The private sale will use SAFT agreements.

2. Consequently, the people who pay you now (defining a vesting period and hoping to get smilo tokens in the future) could create personal smilo wallets also in Q2 2019. Am I right?

Yes, that is correct. We already created working Smilo wallets for IOS, Android and Desktop. Furthermore, we also started development on an open source hardware wallet. The wallets will be released on Smilos testnet, which meaning that the community has a chance to test all our wallets.

3. When a contributor (or a hunter) could get Smilo token that he bought or earned in the bounty?

I am not entirely sure what you mean with this question.

Smilos mainnet will be launched in Q2 of 2019, and after the launch of our mainnet all Smilo tokens will be distributed.

4. As I noted, the current minimum amount for purchase is $25k (under private presale). Are you planning to decrease this limit in the future? If yes, then when and what will be the new limits?

For the foreseeable future, the minimum investment for Smilos private sale will be $25K. However, we encourage pools to participate in our private sale, meaning that smaller investors will be able to join a pool which invests in Smilos private sale.

Furthermore, Smilos public sale will not have any restrictions on the minimum investment.

5. What will be the time schedule (or stages) for public sales? Or, the Investment bar that we see here https://smilo.io/ico is your schedule giving the higher bonus (nominated in Smilo tokens) to early investors while the price $0.25 stay unchanged during Oct 18 - Feb 19?

Smilo will only have 1 public sale, in Q2 of 2019. The investment bar on smilo.io/ico is indeed used to calculate the amount of bonus tokens for private sale investors. This means that there will be a few private sale investors who got 8.33% - 46.67% discount.

6. Due to the WP, 16M Smilo tokens will be distributed to the community in the form of bounties. That's count to unprecedentedly high 8% rate of bounty. So, what is the time schedule of your bounty - when it will end? Why you did not state it in your bounty thread https://bitcointalk.org/index.php?topic=5046004.0 ?

At first sight, 16 million bounty tokens seems to be a lot, however not all bounty tokens will be distributed before Smilos ICO. We are planning on using these bounty tokens even after our ICO has finished. So, at this moment we do not yet know when the Smilo bounty will end.

However, the bounty as discussed in our bounty thread will end after 3 million Smilo tokens have been distributed. We will make sure to update this in our bounty thread.

7. Why you did not state the exact amount 16M (or 8%) in your bounty thread https://bitcointalk.org/index.php?topic=5046004.0 ? Are you planning to change this amount?

See the answer above. In addition to that, we are not planning to change our bounty amount, but we are planning to continue our bounty after Smilos ICO ended. We are planning to reward our community and developers for their input even after the ICO ended.

8. Because your token is based on your own blockchain (not erc-20) it could not be traded on any DEX (like forkdelta). So how/where could people trade it in the future?

We are working hard on becoming available on exchanges, but unfortunately we cant really give any more information at this moment as it might harm any negotiations.

Thanks for these questions / answers. Did I understand correctly that this project will have its own network? Then why are the ERC20 addresses collected from hunters in the bounty program? Yes, the network will not start soon. I expected it to be a little faster. But you do it right. Nowhere to hurry ..

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