When Is the ICO happening and when do the tokens go to market?

Discussion in 'XDC Development' started by Kavita Gupta, Aug 21, 2017.

  1. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    xdc_transparent.png XinFin is doing a 3 phased/lot raise.

    Pre-ICO has been done from $0.0003 to $0.0007

    Next, there are 3 exchanges that are getting Xinfin XDC tokens trading live in a couple of weeks.

    We will go for a second lot of about 3B tokens to raise anywhere between 30-40M in a couple of months time to take up large projects.

    Last lot of 3B tokens will be released next year around. Around 1billion to take up large infrastructure projects.

    You will be able to trade your XDC in a couple of weeks from now around September. Exchanges will be announced shortly.

    By that time, If you wish to Buy/Sell XDC then please mail us at[email protected]

    Thank you.
    foscarr and Mark like this.
  2. supersnips

    supersnips New Member

    I have a question, you say "We will go for a second lot of about 3B tokens to raise anywhere between 30-40M in a couple of months time to take up large projects. "



    But if you calculate 30M / 3B = makes a price of 0.0001$. Which is cheaper than it was in pre-ico?
    Kavita Gupta likes this.
  3. Mark

    Mark New Member

    i could be wrong but my calculation came up to .01
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  4. Mortaza Nizam

    Mortaza Nizam New Member

    When will start the ICO, do you have listed the ICO on tokenmarket.net or somehere else?
    Kavita Gupta likes this.
  5. Mark

    Mark New Member

    According to the top message of the thread, XDC tokens will be listed on 3 exchanges in a week or so. Ico in a couple of months. I believe there is an address to buy tokens now at the bottom of Kavita's message.
    supersnips and Kavita Gupta like this.
  6. Mortaza Nizam

    Mortaza Nizam New Member

    I thought it would be on the 1st of september. And you can trade the tokens from the presale on the exchanges? The don't do a lot of marketing, so I don't know how they will gain 30 or 40 million from the ICO.
    Kavita Gupta and foscarr like this.
  7. Mark

    Mark New Member

    Hype doesn't necessarily mean a better project. They have a solid plan and apparently real test cases. Hopefully companies and governments will use the xinfin platform as a way to fund infrastructure projects.
    supersnips and Kavita Gupta like this.
  8. foscarr

    foscarr New Member

    I had it on my calendar that the marketplace would be opening on Sept 1st. Not sure if this will happen based on the report above.
    Kavita Gupta likes this.
  9. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Dear All,

    It is very easy to create a hype but our team is working around the clock towards roll out of Tradefinex platform. The XinFin Blockchain is unique and enterprise ready. We have massive Developments happening. In any case, the XDCs can be traded against ETH and BTC starting a couple of exchanges and then will rolled out on bigger exchanges.

    The Follow up on ICO will come up with its own marketing, and proven case studies and updates will start rolling out in 7-10 days.
    supersnips, Mark and foscarr like this.
  10. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Rightly said...please read below :)
    Mark likes this.
  11. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Please read below :)
  12. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Please read below :)
  13. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Well,

    30,000,000 / 3,000,000,000

    Is 0.01

    The only problem is that we can not speculate on future price.

    Thanks.
    supersnips and Mark like this.
  14. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Yes, Mark, you're right :)
    Mark likes this.
  15. supersnips

    supersnips New Member

    You're absolutely right! My bad :). Had a logical mistake.



    a question @Kavita Gupta , will the price of 0.01 stay or will it rise like in the pre-ico to idk 0.01-0.02-0.07 etc.?
    Kavita Gupta likes this.
  16. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    We at xinfin are focusing on fundamental value creation. As XinFin becomes part of more mainstream projects, the market will evaluate its price and worth. We ourselves cannot speculate on future price!
    supersnips likes this.
  17. supersnips

    supersnips New Member


    Thanks, for your kind reply. I appreciate the support from you, answering questions, helping to understand. This is the difference between good and very good company's. Thumbs up! I love this project.


    But now, let's get back to my question :). I meant, if and how the price in the coming ico will increase for investors. As example, like first two weeks investors Pay 0.01$, next two weeks 0.02$ etc.... making it more interesting for investors to invest early. If the price stays all the ico the same, you could have the problem that investors get lazy and say "well, I also can invest in 4 weeks, the price stays the same". But if you have steps, no matter what kind, could even be 0.01$ first phase, 2nd. Phase 0.015$ etc. then investors would push investments up before one step ends. And this over and over again. After several weeks(I don't know exactly how long you want to let the ico run) the price would step up from 0.015$ to 0.02$. Before that, it would push investments again up. This is a psychological thing. When people think About increase in price, everyone will take their chance, they don't want to miss. I hope I could explain what I mean.



    Sure, market will react on your progress. No doubt about that, I believe highly in xinfin. But the real market price is unknown, till we hit exchanges of course. I am sorry, I don't meant to hear any price speculations.


    Best regards
    Kavita Gupta likes this.
  18. Lezario

    Lezario New Member

    I really hope the team follows through this time on your announcements here. Why isn't there something more up front on the xinfin.org site? Also, there are some glaring grammar errors on the xinfin.org site. It comes across as very hacky and unprofessional to see simple spelling and grammar errors. For example, under "Our offices around the world" is says "We have a great work environment, and make i better and better."

    What does that even mean? Can you explain this? No actual contact info either. Are you guys even for real? Let's see some of the team/founders pictures on the site. Some videos posted with people that are building this so called platform explaining how it's going to work in person maybe. Please we've all been patiently waiting, thank you.
  19. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    I understand what you are trying to say. Thanks for sharing your knowledge. Actually, XinFin is a fundamentally driven organization that aims to connect the real world with its network through IoT. Unlike other companies that follow more of a Crypto world mechanism, we believe in delivering real world fundamentals. And, that is the reason we have a handful of ongoing pilots that include everything from peer to peer financing, supply chain financing to digital asset representation of real world equipments and bringing out IoT connected smart metering solutions—which fortunately happen to be parts of big infrastructure projects such as setting up of solar plants and installation of water purifier machines & waste recycle machines.

    Apparently, to ensure that our all pilots move at the right pace (and in the right direction), we have been listing XDC at a few decentralized exchanges. However, since there are a number of security layers and documentation required to list us at decentralized exchanges (which is usually not the case with crypto world mechanism), it is taking time. We envision to deliver value first and then raise more capital. We aim to prove the underlying value first and then would come the phase you’re referring to, here. So, until we prove the intrinsic value of our XDC network, we request everyone (who has shown a belief in XDC or who’s planning to buy XDC) to hold their tokens.

    We’ll soon get back to you with Follow on ICO—something that will be backed by real world case studies.

    And, all those who wish to trade XDC on the exchanges, they can do so once the exchanges go live :)
    Mark likes this.
  20. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    Hi, thanks for your interest & query. Well, our website is being rewritten wholly. We know there are a number of grammatical and sentence formation mistakes on the site. In fact, we are aware of the fact that the entire content on the site is not written professionally. So, you’re quite right in this aspect. We ensure you and people who have been visiting this site that it is soon going to be ready with all the things fixed :)

    We will be putting all important things on the site so please don’t be annoyed with anything. You’ll have everything upfront and readily available on the site. What we are asking for is a few days to fix things. A lot of developments are going at our end so all we can say, we will try our best to keep up with all the announcements we made here. The bios of all team members are readily available on the site now. Yes, we are real people trying to make a difference to the world with our efforts :) We have many institutions and top people joining us from the industry. So, we seek your patience and you’ll soon see all wonderful things happening at XinFin.
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