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Wanchain Telegram AMA - 05/11/2019 - questions and answers

location: t.me/wanchainchat
most of the questions and answers from AMA that happened on 05/11/2019 on Wanchain Telegram, sorry if I missed any!
  1. question: The current roadmap of Wanchain ends in 55 days. (When) can we expect to see a new one? answer: Yes we have been in many discussions about our roadmap next year. Hopefule we will release that by the end of month. Please feel free to contribute...
  2. question: Will WAN have any burn or buy back in the future, any plan? answer: Wanchain has burned the 21 million WAN (10% reserved for mining rewards) by sending them to an address where the WAN is not recoverable.Here is the address: https://www.wanscan.org/address/0x0000000000000000000000000000000000000000The tx: https://www.wanscan.org/tx/0x6bc3b697e48b95793aae27b8e9aa84f98eebe5beb024b4a051b5845ef547d865PoS rewards are explained here: https://medium.com/wanchain-foundation/wanchain-proof-of-stake-validator-economics-for-upcoming-alpha-testing-d57353a4d0f9
  3. question: What is the team doing more regarding marketing ? How much mcap wan is targeting? Competition is getting too much now.. answer: We are working with a few new marketing partners. Revamping social media, leveraging our ambassador program but giving an extra boost when the DEX with RiveX launches. As well as other dApps we are looking closely at and hoping to have them deployed quite soon.
  4. question: Hello Mr. Lu. It seems integrating new existing blockchains to the wanchain ecosystem is a very slow process... indeed only 2 at the moment (ethereum and bitcoin)... one every 9 months... when is this time going to be reduced and by how much time... ? there are hundreds of blockchains out there... both public and private... I understand the success of wanchain depends on integrating as many blockchains as possible. answer: We are in the process of improving the cross-chain mechanism and make it more open. Once that is done, they will be coming a lot faster. BTW, we are working on EOS integration...
  5. question: Hello. What are your next major plans to boost wanchain ecosystem? Who is going to use wanchain network? Any significant partnerships? answer: We are working with FinNexus and RiveX currently to build the ecosystem. Also we are working with our partner on the cross-chain DEX
  6. question: Does wanchain work for interop with chain like hyperledger and such? answer: Yes we are working with EEA and Hyperledger on the interoperability standards
  7. question: Do feel financially stable? Do you still have funds from ICO to continue as going concern? answer: Yes, we have enough funds to continue our develoment in the coming years
  8. question: My second question is related to the Elevenpaths (Telefonica) / Rivetz / Civic / Wanchain partnership. Is it still alive? Could you please share any details about the progress of that partnership up to date? answer: Hey, I'll take that one. We have a few new things in motion with Telefonica's Eleven Paths. Due to NDA we cannot comment on the specifications but more is definitely coming :)
  9. question: We have seen many stable coins added to Wanchain (DAI, GUSD, TUSD, USDC). But I miss Tether... Are there plans to include USDT in Wanchain? It would be really helpful for WRDEX success IMHO answer: We'd love to integrate with USDT. It will only takes us a few days to integrate with the USDT on Ethereum...A little more challenging for the one on BTC though
  10. question: Next Question : will there be any AMA in binance group for more new users engagement for the WAN ? so many great projects are doing ama in exchange group, team should consider some AMA with current listed exchanges.. answer: That's a great idea and yes we are planning to have more AMAs in/with other communities. After all, we are bridging technically (blockchains) but also their communities. We had a good AMA in the Cryptoverse telegram last week. We also intend to include more team members in future AMAs (business, technical, community, marketing).
  11. question: What's the progress of lanchain, is it wan 4.0 that's due the end of the year? answer: Wanchain recently partnered with PUC Berhad for enterprise blockchain solutions, more info can be found here: https://medium.com/wanchain-foundation/wanchain-partners-with-malaysian-digital-firm-puc-for-enterprise-blockchain-solutions-ddc823474395RiveX is also building on Wanchains private chain to offer enterprise solutions, you can find more info on what RiveX is doing here: https://medium.com/@RiveXOfficial/erox-the-enterprise-super-solution-explained-c5c776c0e6c0
  12. question: i was wondering if its possible to increase the number of validators selected and reduce the amount of reward per selection? Small nodes will get selected more frequently, so people wont just choose large nodes for delegation answer: That is possible by reducing the block time. We have many parameters to play around but all of them require code change. At the stage we want to gather enough data from the POS network before we make any changes...
  13. question: Hi Jack, which month do you expect storemannodes to be implemented? If all goes according to plan. answer: We are doing internal planning right now. Hopefully you can see our roadmap very soon...
  14. question: What work doing our team to increase use cases of wan? answer: We are researching Dapps on different chain and are focusing on cross-chain DEFI applications. That's why we are working with FinNexus and RiveX. Also DEX, Lending applications, Games are coming up...
  15. question: What's your take on mass adoption of wanchain? Do you have any plan or strategy to achieve that?answer: It will be a long process but will be faster than internet mass adoption. We are working with mobile partners like Telefonica and Pundix get us well positioned. Also we are looking into DEXes, DEFI applications, integration with Libra and DCEP and etc.
  16. question: Hi @jackxlu, what will be the boost of WAN in 2020 to build confidence, create awareness and more adoption? Also why work on a cross-chain DEX when you can also work together with a cross-chain DEX, for example Switcheo/Neon Exchange? answer: Each partner has their own technologies and their own priority. We just want to push that forward as soon as we can
  17. question: Hi @jackxlu what is the status of the blockchain interoperability alliance with aion and icon? It’s been a while since there has been any news on that. I know that the focus has been for each project to get their mainnet built and properly functioning. Since all 3 now have working Main nets and projects starting to deploy, will you be working more closely with those other projects again in terms of interoperability? answer: Hey Tim! There is no update here. Projects are focused on their own roadmaps for now and as Jack mentioned above, each project has its own technology so there isn't much need for the interoperability alliance right now. We will, however, bridge all chains together it's just a question of when. We hope to collaborate more with Aion and Icon going forward but we have to continue working on new integrations and eventually come out with a plug and play solution.
  18. question: Is tokenization of building and other real world stuff in wan program? answer: On the enterprise side, we are mostly focused on interoperable reward programs (like with Telefonica's Eleven Paths, PUC Malaysia) as its a blue ocean right now. We are however talking to a few of our partners about creating joint ventures (tech + business) in Asia and Europe. We will leverage each other's technology stacks and business contacts.
  19. question: You only mentioned WAN POS TPS is more than 1000+. Can you showcase the TPS to the community ? Or is there any already we can see it ? answer: Our research team has been working on gathering and analyzing POS data in the past few weeks. We should have the research data published very soon
  20. question: Is it possible to integration with DCEP? I doubt China will allow an altcoin do that, please confirm it. answer: It's too early to tell but we do want to get the right partnership and make that a reality
  21. question: @jackxlu how about SDK for popular programming languages like c# and java? For smart contract development you will only support solidity programming language? I understand the initial choice of this, take advantage of the network effect of developers that already know solidity, but what about all the others? answer: We recently released a SDK for Java. As long there is a demand, we can easily do for any programming language. For smart contract, we are looking into EWASM and hopefully we can support many programming languages for the smart contract
  22. question: Can you share something about the legal status of Wanchain in the US, are there any legal issues/obstacles for getting listed on a US regulated exchange in the future? answer: No legal reasons stopping us from getting listed in the US. We want WAN to be available to anyone that wishes to use our platform. Having said that, there are a number of discussions happening and we are taking necessary precautions to stay ahead, it's just taking very long. That's all we can say about that right now, Adam.
  23. question: @jackxlu can you talk about the recent events in China and their impact on Wanchain? what is wanchain doing to take advantage of china opening up to blockchain? answer: The recent events in China are very exciting. Many people approached me for possible partnership. Our team in China is so busy in different talks in recent days. Wanchain 4.0 release is coming up by the end of year and we have been working with EEA and Hyperledger on the interoperability standards. We have Lanchain as our enterprise solution and Wanchain can integrate with any other types of enterprise blockchain solutions. So we are really well positioned to take advantage of the current blockchain boom in China in the coming years
  24. question: Any concrete plan on embark more developers to wanchain ecosystem? Team alone won't make it in the long run. answer: We plan to build https://wandevs.org/ out further. Wandevs is a community of developers working on technical documentation, cross-chain dApps and tools for Wanchain. We had a soft launch but plan to increase the number of developers and incentives in this program through new guides, challenges and vitual hackathons. We are for example talking to 0xcert now about doing a cross-chain NFT virtual hackathon in the new year.
  25. question: Hi Jack Lu. Amazing to have you here! You perhaps have already answered this question, but will the others blockchain projects ever be able to integrate themselves to Wanchain (plug & play system)? Waiting for wanchain team to do the whole work can be hard. answer: Our plan is to get the solution perfect before our dev community or other projects can integrate with Wanchain by themselves
  26. question: Hi @jackxlu, @machinayz has there been any progress with the potential Belt and Road initiative contract that you spoke of in a previous AMA? Thanks. answer: Sorry Steve, we missed this. There are no further updates here. Li Ni and team are working hard on it though :)
  27. question: Jack Lu, thanks for your work. Wanchain is growing a lot. My question: Are you talking with any retail company for partnership? answer: Not yet but it's a great idea because Wanchain can serve as a gateway for multi-coin payment. Any suggestions?
  28. question: @jackxlu Is there any plan to improve node management ? to pass "partner off-chain" to "partner on-chain"? answer: Not at this point but please send your requirement or suggests to me. Thanks!
  29. question: Do you still believe in Wanchain becoming a top 10 project? Thank you both Oliver and Jack for your time and answers¡ It has been a great AMA. answer: Sure I do believe that. And thanks so much for your support!
Thanks for everyone for participating, sorry if I missed any questions/answers. Stay tuned for any upcoming AMAs!
submitted by maciej_wan to wanchain [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
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NEXT DAY UPCOMING EVENTS

 
ICO/Pre-Sales
Fundingpost LA ICO Event April 4, 2018
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Blockchains
Blockchain Talks AMA April 4, 2018
Waves(WAVES) BlockchainTalks.io April 4, 2018
Triggers(TRIG) Blockchain Festival SF April 4, 2018
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Beyond Blocks Summit April 4, 2018
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Bitcoin(BTC) Block to the Future in San Francisco, USA April 4, 2018
Bitcoin(BTC) Bitcoin (BTC) CryptoBlockCon 2018 LA April 4, 2018
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TRON(TRX) XVG & TRX for LST Holders April 4, 2018
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Neurotoken(NTK) Neuromation (NTK) - AI Expo Tokyo April 4, 2018
Neurotoken(NTK) Neuromation (NTK) - The Power Of The Smart Consumer April 4, 2018 12:00 AM - April 6, 2018 11:59 PM
Bee Token(BEE) Blockcity in Taipei April 4, 2018
Wancoin(WAN) Wanchain (WAN) - Beyond Blocks Summit Tokyo April 4, 2018
De/Centralize April 5, 2018
Cardano(ADA) Roadmap Update April 5, 2018
IOTA(MIOTA) Internet Of Things and Machine Economy April 5, 2018
Zcash(ZEC) Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Dragonchain(DRGN) Pre-Release Commercial Platform April 5, 2018
WAX(WAX) CryptoBlockCon April 5, 2018
Red Pulse(RPX) BeyondBlocks Summit Tokyo April 5, 2018
ETHLend(LEND) ETHLend 0.3 Kogia Testnet April 5, 2018
Bancor(BNT) Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
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Stox(STX) Ledger Nano S Giveaway End April 5, 2018
Indorse Token(IND) Decentralized 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
TheGCCcoin(GCC) Company Event In Thailand April 5, 2018 12:00 AM - April 7, 2018 11:59 PM
Unitus(UIS) Apreciation Day April 5, 2018
BlazeCoin(BLZ) Bluzelle (BLZ) - Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
QLINK(QLC) End of Competition on Binance April 5, 2018
Cryptopay(CPAY) Revenue Share April 5, 2018
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Repay.me (REME) - C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
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CVCoin(CVCOIN) C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
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Smartlands(SLT) C3 Crypto Conference April 5, 2018
Bitcoin(BTC) BITCOIN ($BTC) COINFEST UK April 5, 2018 8:00 AM - April 7, 2018 4:00 PM
 
Exchanges
ICON(ICX) Listing on CoinTiger April 4, 2018
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VapersCoin(VPRC) Listing on Bitfinex April 5, 2018
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Software/Platforms
AirSwap(AST) Crypto NYC and EdCon 2018 April 4, 2018
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Meetups
Rivetz(RVT) Santa Cruz New Tech April 4, 2018
ETHLend(LEND) ETHLend Milan Meetup, Italy April 4, 2018 6:00 PM - 11:59 PM
Lisk(LSK) Lisk Ottawa Meetup April 5, 2018
aelf(ELF) Community Meetup In Seoul April 5, 2018
Iconomi(ICN) Madrid Meetup April 5, 2018
Cashaa(CAS) London Meetup April 5, 2018
[Cashaa(CAS)](https://kryptocal.com/co
 
There are more events but this message got too long
submitted by cryptocalbot to altcoin [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
Web | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

NEXT DAY UPCOMING EVENTS

 
ICO/Pre-Sales
Fundingpost LA ICO Event April 4, 2018
ICOS(ICOS) Fintech World Euro Summit April 4, 2018
GoldCoin(GLD) GoldCoin (GLD) World Tour 2018 - Germany April 4, 2018
Fundingpost SF ICO Event April 5, 2018
 
Blockchains
Blockchain Talks AMA April 4, 2018
Waves(WAVES) BlockchainTalks.io April 4, 2018
Triggers(TRIG) Blockchain Festival SF April 4, 2018
Nexium(NXC) Blockchain Gaming Panel April 5, 2018
Rustbits(RUSTBITS) Blockchain Gaming Panel April 5, 2018
Vezt(VZT) How Blockchain Is And Will Be Impacting The Music Industry April 5, 2018
Sense(SENSE) How Blockchain Is And Will Be Impacting The Music Industry April 5, 2018
 
General
Beyond Blocks Summit April 4, 2018
Wanchain (WAN) - Beyond Blocks Summit Tokyo April 4, 2018
Rovercoin Casino Launch April 4, 2018
Bitcoin(BTC) Block to the Future in San Francisco, USA April 4, 2018
Bitcoin(BTC) Bitcoin (BTC) CryptoBlockCon 2018 LA April 4, 2018
NEM(XEM) Block The Future April 4, 2018 12:00 AM - April 6, 2018 11:59 PM
TRON(TRX) XVG & TRX for LST Holders April 4, 2018
OmiseGO(OMG) OmiseGO Town Hall April 4, 2018
Waves(WAVES) Waves Community AMA April 4, 2018
WAX(WAX) Block 2 The Future April 4, 2018
Aion(AION) Beyond Blocks Tokyo April 4, 2018
Aion(AION) Beyond Blocks Summit Tokyo April 4, 2018 12:00 AM - April 5, 2018 11:59 PM
MaidSafeCoin(MAID) MaidSafe (MAID) - Dedicated Developer Website April 4, 2018
Quantstamp(QSP) Speaking At Beyond Blocks April 4, 2018
Quantstamp(QSP) QRL Token Migration Begin April 4, 2018
Tierion(TNT) A Night of CockroachDB 2.0 April 4, 2018
Quantum Resistant Ledger(QRL) QRL Token Migration April 4, 2018
Lunyr(LUN) Extensive Writing Manual Release April 4, 2018
Datum(DAT) Blockcity in Taipei April 4, 2018
SolarCoin(SLR) New Solar Store April 4, 2018
SportyFi(SPF) SportyCo (SPF) - Platform Launch April 4, 2018
HitCoin(HTC) Blockcity in Taipei April 4, 2018
PopularCoin(POP) Implementing Specifications and Economics Begin April 4, 2018
United Bitcoin(UBTC) United Bitcoin (UBTC) - Upgrade April 4, 2018
IOStoken(IOST) Interview With CEO April 4, 2018
Pundi X(PXS) Euromoney Indonesia Financing and Investment Forum April 4, 2018
adbank(ADB) New Roadmap Release April 4, 2018
Neurotoken(NTK) Neuromation (NTK) - AI Expo Tokyo April 4, 2018
Neurotoken(NTK) Neuromation (NTK) - The Power Of The Smart Consumer April 4, 2018 12:00 AM - April 6, 2018 11:59 PM
Bee Token(BEE) Blockcity in Taipei April 4, 2018
Wancoin(WAN) Wanchain (WAN) - Beyond Blocks Summit Tokyo April 4, 2018
De/Centralize April 5, 2018
Cardano(ADA) Roadmap Update April 5, 2018
IOTA(MIOTA) Internet Of Things and Machine Economy April 5, 2018
Zcash(ZEC) Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Dragonchain(DRGN) Pre-Release Commercial Platform April 5, 2018
WAX(WAX) CryptoBlockCon April 5, 2018
Red Pulse(RPX) BeyondBlocks Summit Tokyo April 5, 2018
ETHLend(LEND) ETHLend 0.3 Kogia Testnet April 5, 2018
Bancor(BNT) Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Tierion(TNT) Node Registration Open April 5, 2018
Stox(STX) Ledger Nano S Giveaway End April 5, 2018
Indorse Token(IND) Decentralized 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
TheGCCcoin(GCC) Company Event In Thailand April 5, 2018 12:00 AM - April 7, 2018 11:59 PM
Unitus(UIS) Apreciation Day April 5, 2018
BlazeCoin(BLZ) Bluzelle (BLZ) - Decentralize 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
QLINK(QLC) End of Competition on Binance April 5, 2018
Cryptopay(CPAY) Revenue Share April 5, 2018
Zilliqa(ZIL) Decentralized 2018 April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Interplanetary Broadcast Coin(IPBC) ASIC Resistance April 5, 2018
 
Conferences
Bitcoin(BTC) Bitcoin (BTC) - Blockchain & Bitcoin Conference Berlin April 4, 2018
Bitcoin(BTC) Bitcoin (BTC) - Blockchain & Bitcoin Conference Berlin April 4, 2018
Adelphoi(ADL) Adelphoi ($ADL) Blockchain Conference Berlin April 4, 2018
Repay.me (REME) - C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Savedroid (DROID) - C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
CloakCoin(CLOAK) Crypto Conference April 5, 2018
Nexium(NXC) CoinFestUK April 5, 2018
CVCoin(CVCOIN) C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
GoldCoin(GLD) C3 Crypto Conference April 5, 2018 12:00 AM - April 6, 2018 11:59 PM
Smartlands(SLT) C3 Crypto Conference April 5, 2018
Bitcoin(BTC) BITCOIN ($BTC) COINFEST UK April 5, 2018 8:00 AM - April 7, 2018 4:00 PM
 
Exchanges
ICON(ICX) Listing on CoinTiger April 4, 2018
0x(ZRX) Listing on CoinTiger April 4, 2018
Storj(STORJ) Listing on CoinTiger April 4, 2018
POA Network(POA) Listing on Bibox April 4, 2018
VapersCoin(VPRC) Listing on Bitfinex April 5, 2018
VapersCoin(VPRC) Listing on Binance April 5, 2018
 
Software/Platforms
AirSwap(AST) Crypto NYC and EdCon 2018 April 4, 2018
AirSwap(AST) Ethereum dApp Pitch Fest April 4, 2018
Sumokoin(SUMO) Fork, Binaries & Wallet April 4, 2018
VapersCoin(VPRC) Wallet for Android, Windows, Mac OS, iOS April 5, 2018
 
Meetups
Rivetz(RVT) Santa Cruz New Tech April 4, 2018
ETHLend(LEND) ETHLend Milan Meetup, Italy April 4, 2018 6:00 PM - 11:59 PM
Lisk(LSK) Lisk Ottawa Meetup April 5, 2018
aelf(ELF) Community Meetup In Seoul April 5, 2018
Iconomi(ICN) Madrid Meetup April 5, 2018
Cashaa(CAS) London Meetup April 5, 2018
[Cashaa(CAS)](https://kryptocal.com/co
 
There are more events but this message got too long
submitted by cryptocalbot to CryptoMarkets [link] [comments]

Why are ICOs necessary?

ICOs - Not Just “Good-to-Have,” But Necessary - says CZ, the CEO of Binance.
1. Vedran Kajic: You probably heard of the ICO (Initial Coin Offering, roughly a billion USD raised this year alone) phenomena. The idea is to have a similar mechanism as IPOs but on the blockchain, meaning better accessibility to investors worldwide, transparency, as well as unchangeable rules that rule the crowdfunding and later funds management (so-called smart contracts on Ethereum network, second network after Bitcoin).
Unfortunately, due to poorly written crowdfunding rules (smart contracts) and negligent investors, it is common for funds to be mismanaged post-ICO.
Despite the functionality that Ethereum smart contracts offer, almost all the ICOs are structured to allow the founders total control over all the funds post-ICO. Meaning there is a very little financial incentive for the development team to build the actual product.
Unfortunately, such short-sighted fundraising lead to negative perception in public and legislative steps taken by various governments (including the US and China). In my view, rather than government regulation, it will be better computer code that will guide the evolution: “Smart contracts for smarter crowdfunding”. One current example is CryptoTask crowdfunding mechanism, with code audited by bitcoin/blockchain veteran Peter Vessenes (co-founder Bitcoin foundation, Pantera capital etc). The code makes sure that after the crowdfunding ends, stakeholders (so-called token holders) can vote on the project progress and in case that they are dissatisfied, smart contract refunds the investors. Only in case that the founders actually deliver, funds are released in stages.
Vedran Kajic is the Co-founder of CryptoTask - a decentralized freelancing market. @cryptotask_2017
2. Jason Remillard: “ICO’s are a great way to get interest in your project, reward your potential early customers and in some cases – raise cash. But be very very aware of the legalities of the whole process – as is widely reported the SEC and others are watching the space closely and have stepped in – in some cases. Mainly, consider ‘why’ you want to do an ICO – is that path to market reach/monies, etc. really the most efficient – or will a Reg A suffice? By all means – don’t go it yourself – utilize professionals to make sure its run properly and safely!”
Jason Remillard is the President of Data443 Risk Mitigation, Inc. and a founding member of the Blockchain Executive Group. @Data443Risk
3. Emerson Taymor: ICOs are fundamentally changing the startup landscape because of the liquidity they provide to team members and investors. One of the great cons in the startup world is equity, which usually results in the employees being taken advantage of because they cannot sell their shares. By having a more liquid secondary market, the biggest challenge facing employees at startups is solved. This liquidity is a key reason why you see ICOs trading at such inflated market caps.
For this to fully work, there is a lot of work that still needs to take place. Teams and investors need to have lock-up periods that are legally binding to avoid pump & dump scams and insiders taking advantage of the public. The industry is still in the nascent stages, but already is revolutionizing how startups raise money. As more oversight comes into the market, we should see a fundamental shift in how startups provide equity to their team.
Emerson Taymor is the Founding Partner of Philosophie - a product design and IT company. @etaymor
4. Jen Greyson: ICOs and TGEs (token generation events) are revolutionizing the startup ecosystem--beyond what anyone thought possible. The ability to crowdfund a tech product/project is giving creators a freedom that has not existed in the space. Kickstarter proved the idea that people were willing to pre-purchase a product, and now ICOs and TGEs are taking that same idea and applying it to software and services. We have barely seen the disruption as few of the companies funded through ICOs have been brought to market, but the future is bright and wide-open. Blockchain and cryptocurrency have the ability to revolutionize the way tech gets done.
Jen Greyson, CEO, Neureal Network - Blockchain optimized for AI, @jengreyson
5. Jeff Stollman: ICOs represent a new form of financing for both startups and existing business to help them traverse the "Chasm of Commercialization." The Chasm of Commercialization is that period between concept and profitability during which a company or project has a distinctly negative cash flow. This cash-flow problem can be sizeable enough that it prevents many good ideas from coming to market.
ICOs allow entrepreneurs an opportunity to raise serious cash (without diluting their equity stake) to finance their way across the Chasm of Commercialization until they begin generating positive cash flow from the sale of their product or service.
Prior to ICOs, entrepreneurs were limited to angel and VC investors. This is problematic for three reasons. First, due to geography, social class, language barriers, etc, these funding sources are not equally accessible to everyone. Second, such funders charge a high price by demanding significant equity in the new business.
After several rounds of such funding, the innovator can often find himself "crowded out" of a significant share of the profits from his idea. Third, these investors may have enough power to compel the innovator to change the direction of his concept in ways that he doesn't want to pursue, taking much of the joy out of the resulting success.
Jeff Stollman, a technology futurist with expertise in developing ICOs, white papers, business plans, other collateral materials to help innovators bring their concepts to market.
6. Jeff Tennery: "ICO's are also democratizing early-stage investing, allowing a wider pool of investors to participate. Token offerings shift power and control to the blockchain rather than one or two influential investors. And by diversifying the cap table from the onset of a company's inception, founders can focus on building utility value for their token rather than appease large investors objectives. Venture capital is moving farther downstream to Series A or later allowing ICO's to play a pivotal role in helping a startup get off the ground"
Jeff Tennery CEO and co-founder, Moonlighting - a freelance job market. @jtennery
7. Steven Sprague: The ICO is providing a new model for companies to have access to capital that provides liquidity and the potential for growth in value as the company executes in the marketplace. In addition, the effect is amplified because the utility token model is a new way of doing business with customers and that new way of doing business may provide a significant advantage for an emerging technology. As the market transitions from a purely advertising model to a subscription and service model for the delivery of capabilities.
From Steven Sprague, CEO of Rivetz International (company concluded a successful ICO in September) @skswave
8. Kain Warwick: "ICO's will transform capital raising for many reasons, but the most important is that they will enable projects to be funded that would have never have been funded by VC's. Try to find a single VC that would have given $18m to the Ethereum foundation in 2014 to launch an open source world computer. There is literally zero chance of Ethereum being funded without a few visionaries like Joseph Lubin and without access to early bitcoin investors looking to reinvest their profits.
This is by far the most transformative aspect of the ICO, all you need are a few thousand people to believe in your project and you can get funded. Right now, this is being driven by speculation, but sanity will return and good projects will be funded. This is important because it represents a paradigm shift in how we innovate. It used to be that in order to scale a platform you needed to get funding from one of a few gatekeepers of capital, who likely all held similar views.
Now you can access pools of capital globally by finding a few individuals who will support you. What this means is that we will see far more experimentation across many different areas of technology. And while this may seem inefficient now, in the long run, investment in speculative projects by small groups of people brought together by the internet, will literally transform the world.
VC's are on average notoriously ineffective at investing, but survivorship bias prevents us from seeing this. The reason VC's struggle to efficiently allocate capital is that the world is far too random to be able to systematically predict what will happen in the future. The best way for us as a species to innovate is to set up a framework where anyone anywhere can come together to form a team and raise capital from people who believe in the vision of their project.
The ICO is just the beginning of this, and now that the benefits of this approach have been realized, anyone who is entrepreneurial will be attracted to this path rather than the traditional funding path. We, of course, need more structure to protect investors, but as long as it does not come at the cost of experimentation ICO's will be a net gain for humanity."
Kain Warwick, Founder of Havven - a distributed monetary system and stablecoin that allows users to transact with an asset-backed cryptocurrency pegged to the US Dollar. @havven_io
9. Hyun Lee: I would say traditional startups aren't really "phased" by ICOs, but it definitely opens up possibilities for lots of teams or ideas that would've had a difficult time taking off. The ICO industry is also headed in a way that people are getting smarter about running them and investing in them as well.
Now, you need a solid team and a bulletproof white paper at the least. Real MVPs are becoming somewhat of a requirement and it's getting more and more difficult to launch an ICO. With peer-to-peer funding, individuals have a voice. But everyone must consider what they're investing into and must do their own research and due diligence.
We ran our ICO in the past summer and had to go through a lot of EU-regulations. We know the difficulties of running a valid and successful ICO and decided we should also give back and help others launch using our Genesis platform.
Often times, people forget that there are laws in place. We're based in Estonia and we promote using e-Residency for our KYC / onboarding process and we plan on using it for our crypto assets exchange as well for additional security.
Hyun Lee, Communications & Marketing Director, Mothership Foundation @HyunLee
10. Daniel H. Jeffery: “With well over $3bn raised last year through token-based digital currencies, ICOs have definitely changed the way some businesses startup. Crowdfunding motivates supporters to build and grow projects. That includes developers and early-stage customers as well as the obvious support from investors.
ICOs are typically used to raise money ahead of a product launch rather than after. Since participants in an ICO are often relying on others to build the network or otherwise launch the product, even utility tokens, or the sale of them, can be considered securities. Some of the more successful ICOs have raised money with traditional venture capital finance and SAFT agreements, likely more successful due to the disciplined approach in preparing for a launch.
For genuine entrepreneurs, the ICO model makes it even easier to turn a good idea and a bit of determination into something spectacular, however, the impact is often overlooked with eyes set on fast cash and investors should take their time choosing a quality project.”
Daniel H. Jeffery, founder of crypto commerce company Lantah@DanielHJeffery
submitted by MoonlightingApp to Moonbit [link] [comments]

List of Today's and Tomorrow's Upcoming Events

I will be bringing you upcoming events/announcements every day. If you want improvements to this post, please mention houseme in the comments. We will make improvements based on your feedback.
 
Web | Android | iOS | Telegram Interactive Bot (add cryptocalapp_bot) | Telegram Channel @kryptocal
 

NEXT DAY UPCOMING EVENTS

 
Air Drops
Nano(NANO) Banano Airdrop April 8, 2018
Bitcore(BTX) 8% Airdrop April 9, 2018
Internet of People(IOP) Hydra Tokens Last Airdrop April 9, 2018
 
Meetups
Golem(GNT) Singapore Meetup April 8, 2018
Aion(AION) Israel Meetup April 8, 2018
Aion(AION) Israel Meetup April 8, 2018
DigixDAO(DGD) Singapore Meetup April 8, 2018
Gnosis(GNO) Singapore Meetup April 8, 2018
Bancor(BNT) Tel Aviv Meetup April 8, 2018
AirSwap(AST) Singapore Meetup April 8, 2018
Octoin Coin(OCC) Indonesia Meetup April 8, 2018
Lisk(LSK) Seattle Meetup April 9, 2018
Waves(WAVES) Berlin Business Meetup April 9, 2018
United Bitcoin(UBTC) Genesis Block Meetup April 9, 2018
 
General
Aion(AION) BNT and AION Event April 8, 2018
DigixDAO(DGD) DigixDao Open Marketplace April 8, 2018
Stox(STX) Tournament End April 8, 2018
Arcade Token(ARC) Arcblock (ABT) - The Power of Our Times April 8, 2018
Footy Cash(XFT) New Website April 8, 2018
BROTHER(BRAT) Charity Website Launch April 8, 2018
CRTCoin(CRT) Binance Delisting April 8, 2018
Odyssey(OCN) Roadmap Updates April 8, 2018
Zilliqa(ZIL) Peking University School of Mathematical Sciences Science Block April 8, 2018
Zeepin(ZPT) VIP Test April 8, 2018
Zeepin(ZPT) VIP Test April 8, 2018
Stipend(SPD) Team Q&A April 8, 2018
Stipend(SPD) Q&A Session April 8, 2018
Centra(CTR) Delisting from Binance April 8, 2018 5:00 AM - 11:59 PM
Legolas (LGO) - LendIT Fintech USA April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Wanchain (WAN) - Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Masternode Launch (Delay) April 9, 2018
Digital Switzerland April 9, 2018
Coin Burn April 9, 2018
Ripple(XRP) Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
NEO(NEO) Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Lisk(LSK) Lisk Core v1.0.0 Open Beta April 9, 2018
Status(SNT) Live Stream April 9, 2018
WAX(WAX) PayPal 360 April 9, 2018
Red Pulse(RPX) The New Era of Economy April 9, 2018
Ripio Credit Network(RCN) Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
AirSwap(AST) Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Nuls(NULS) NULS (NULS) - Top 10 Contributors Selection April 9, 2018
UTRUST(UTK) UTRUST (UTK) Platform Testing April 9, 2018
Presearch(PRE) Open Beta April 9, 2018
Rivetz(RVT) AMA With R3 Security April 9, 2018
Authorship(ATS) Beta v2.0 (Rescheduled) April 9, 2018
Veros(VRS) Rebranding April 9, 2018
Tezos (Pre-Launch)(XTZ) Tezos (XTZ) - Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
ShellCoin(SHELL) Coin Burn April 9, 2018
IOStoken(IOST) Big Announcement April 9, 2018
IOStoken(IOST) Github Open-Source April 9, 2018
OriginTrail(TRAC) Ranger Release April 9, 2018
Swarm(SWM) LendIT Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Legolas Exchange(LGO) Legolas (LGO) - LendIT Fintech USA April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
Wancoin(WAN) Wanchain (WAN) - Lendit Fintech April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
 
Bounty Programs
UFO Coin(UFO) UFO Logo Bounty April 8, 2018
Suretly(SUR) Bounty Campaign April 9, 2018
 
Software/Platforms
Odyssey(OCN) Obike Wallet Partners April 8, 2018
 
Blockchains
Zilliqa(ZIL) InForSec Blockchain Security and Privacy at Tsinghua University FIT Second Level April 8, 2018
Cryptocurrencies (CRYPTO) LendIt USA 2018 April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
AirSwap(AST) Womens Forum Blockchain April 9, 2018
 
Conferences
Swarm(SWM) UCI Women in Blockchain Conference April 8, 2018
adToken(ADT) Accelerate Conference April 9, 2018
Exchange Union(XUC) Lendit Fintech Conference April 9, 2018 12:00 AM - April 11, 2018 11:59 PM
 
Exchanges
Enjin Coin(ENJ) New Exchange Listing April 9, 2018
 
 
submitted by cryptocalbot to CryptoMarkets [link] [comments]

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