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Post by asanezz7 on Sept 27, 2017 5:56:22 GMT -6
September 27 2017 Hi everyone! Quick update for you as we've now sailed past the $3m mark. Everything is going extremely well. The exchange listings are in the pipeline with cryptopia and yobit and we've added liqui.io to our list. We have the finishing touches to add so our translation software to enable us to recruit the translators we need for the app and my.electroneum.com. The game is looking good we worked on that until late last night and I hope to get some visuals out for people by next week. Tomorrow I'm presenting Electroneum at a blockchain conference at Rocketspace in London after being invited to speak there by Duncan Logan the CEO. Next week on the 4th I am at the NEX exchange in broadgate on a blockchain panel that is talking about blockchain with city traders and corporate representatives. I'll be able to spend 5 or 10 mins explaining what we are doing with Electroneum to the crowd. All in all it's been an awesome 10 days! We have Electroneums token sale off to a flying start and our confidence of delivering mass users of Electroneum via our app and simple windows software is extremely high. Thanks, a BIG THANKS, to everyone who has got involved and are crowdfunding this business to a huge success. Have a great day! Richard Ells.
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Post by Imikocha on Sept 27, 2017 14:14:38 GMT -6
Great job making a daily update of the Devs messages! I hope we can help keeping this up to date, and eventually i will Sticky this. Well done! Pictures from the conference today!
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Post by Imikocha on Sept 28, 2017 6:19:36 GMT -6
First of all, we have seen a crash of the websites last night, and this is the official responses: "Our servers were overwhelmed last night by demand, with more than 100k of visitors in a 2 hour period! We have increased the number of servers in the cluster and towards the end of the 30% bonus period we will ensure we add additional resources to cope with any extra demand we experience at these peak times. We are extremely sorry for the inconvenience, and if anyone missed out on the 40% bonus, as long as their purchase takes place in the next 24 hours, we will honour the 40% bonus. Just open a support ticket (send an email to support@electroneum.com) and give us the email address you use in the token sale manager (https://my.electroneum.com) and we will ensure we bump you from the 30% to 40% bonus. Thanks for your support, and our apologies once again"
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Post by etninvestor on Sept 29, 2017 14:43:22 GMT -6
Very honorable response.
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Post by asanezz7 on Oct 4, 2017 8:56:08 GMT -6
Richard Ells at NEX exchange in broadgate Richard Ells: hi all! Just been to the NEX Exchange in Broadgate where I was on the panel discussing cryptocurrency, ICOs, future regulation and the market in general. I was, of course, promoting Electroneum too, and the room was full of some very influential people!.
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Post by Imikocha on Oct 4, 2017 9:30:08 GMT -6
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Post by Imikocha on Oct 6, 2017 17:40:35 GMT -6
Patrick H. on the telegram-group did a wonderful recap of the YouTube interview Jack Ellis did with Richard:Summary of interview Jack William - Richard Ells:
- no burning of coins, instead leftover coins are available for mobile mining
- current focus on building momentum through the mobile app
- no built-in fiat exchange
- tablet app planned for future
- mass adoption should open the doors to leading industries (gaming, gambling)
- 3rd-party API for payments available
- possible use: in-game micropayments on android/iOS
- desktop mining a lot quicker than mobile mining
- mobile mining rewards for utility of viral growth, not actual mining on blockchain
- no withholding of mined currency, longevity ensured by algorithm (as far as possible)
- live on Nov, 1st: blockchain, mobile miner, mobile wallet, GUI miner
- exchanges: Cryptopia, Liqui, Yobit and more
- next few weeks: polishing, scalability improvements
Link to interview
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Post by deacon on Oct 18, 2017 14:53:41 GMT -6
Quick question: if Electroneum reaches the $40M mark (or 6B coins I guess?) well before the close of the ICO (which now looks possible) will we have to move to paper wallets beforehand-- will the sale simply end, or will it go until the 1st regardless? Curious (no idea where the right spot is for this)
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vish
Atom
Now we wait
Posts: 102
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Post by vish on Oct 18, 2017 14:58:12 GMT -6
they would never change release dates after its set just becuase they have reached a goal... it will run its course and investment will continue to stack up.
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Post by mrnewguy on Oct 18, 2017 15:25:40 GMT -6
Quick question: if Electroneum reaches the $40M mark (or 6B coins I guess?) well before the close of the ICO (which now looks possible) will we have to move to paper wallets beforehand-- will the sale simply end, or will it go until the 1st regardless? Curious (no idea where the right spot is for this) i think they will launch the 1st of November regardless
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Post by deacon on Oct 18, 2017 15:34:33 GMT -6
I don't know that it would work if they only release 6B coins though. If there are only 21B to be mined altogether, that would reduce the number of coins that can be mined.
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Post by deacon on Oct 18, 2017 15:35:33 GMT -6
Quick question: if Electroneum reaches the $40M mark (or 6B coins I guess?) well before the close of the ICO (which now looks possible) will we have to move to paper wallets beforehand-- will the sale simply end, or will it go until the 1st regardless? Curious (no idea where the right spot is for this) i think they will launch the 1st of November regardless That was the impression I got as well, that basically we'll just have to sit here and wait till the first, hopefully some celeb endorsements to keep the hype train running!
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Post by jamesbean322 on Oct 18, 2017 17:43:09 GMT -6
Guys please please go for esports betting and trading websites such as vpgame.com, dota2lounge.com, lootmarket.com. etc. Dota 2/CSGO, etc are a huge market in terms of selling virtual game items and crypto is not in it yet. This mobile crypto is a perfect medium for buying/selling these virtual items. At this point for steam community market items, the only medium they have is CSGO keys and it's pain in the butt to cash it in. ETN will be for the mutual benefit of this crypto and them.
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Post by mrnewguy on Oct 18, 2017 23:17:54 GMT -6
Guys please please go for esports betting and trading websites such as vpgame.com, dota2lounge.com, lootmarket.com. etc. Dota 2/CSGO, etc are a huge market in terms of selling virtual game items and crypto is not in it yet. This mobile crypto is a perfect medium for buying/selling these virtual items. At this point for steam community market items, the only medium they have is CSGO keys and it's pain in the butt to cash it in. ETN will be for the mutual benefit of this crypto and them. what he says is right
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Post by asanezz7 on Oct 19, 2017 4:56:34 GMT -6
The Electroneum team have reconfirmed that there is going to be a hard cap at $40m US dollars. Therefore the token sale will almost certainly be closing early, as soon as the value of the Bitcoin and Ethereum raised by the sale of Electroneum exceeds $40m US Dollars. The value is currently approximately $37m US, as at 9.00 BST The rationale behind this decision is as follows 1. To prevent early access to Electroneum purchases. Electroneum has built an incredible momentum in the market. Clearly it is important this continues past the token sale, and into the exchanges upon listing. The management team believe this will pivot into further excitement for the app and for mass user adoption of Electroneum. 2. The exchanges are likely to list Electroneum quickly, due to pent up demand, which will equate to transactions and new users for the exchange(s) that list Electroneum. 3. It gives a clear signal to the market that the team are focused on the long term goals and success of Electroneum and not the proceeds of the token sale. As soon as the $40m US goal is reached we will close the ability to make purchases via the Electroneum token sale manager and make an announcement on Telegram, Facebook, Twitter and the Electroneum website. We will, of course, follow up with interviews and press releases to the financial and disruptive press. We’d like to thank everybody who has contributed to the Electroneum Crowd Sale (token sale) and we look forward to moving on to phase 2 and the launch of the full app on November 1st 2017. Sincerely, Richard Ells Founder, Electroneum Ltd.
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