Incent is a Bull ICO !!!
So for a long time I thought Incent was just an idea, some type of reward loyalty platform on a blockchain. When people mentions it to me I told them "How can I invest in an Idea ?" Well nothing was further from the truth as I had interviewed Rob I found that this was an actual working platform. Working now, also spoke to the developer who I will be Interview Sat 2:30 PM Eastern, New York City. He showed me enthusiasm, skill, and great knowledge in how he explained how it will work. I thought to myself wow was I wrong in calling this a Bullshit ICO as he went on to explain that he is utilizing Waves blockchain but the system can run on any blockchain. I was very impressed as now not only did I see potential but I had seen a possibility for other new technologies, specifically content related blockchains that sell content can offer rewards. This is not just a platform but can be a Feature that many will want to add to their blockchains some way.
I Welcome everyone to come join us on Saturday for a LIVE interview with the developer of Incent.
http://coremedia.info/index.php/coreradio
Replay will be located on https://soundcloud.com/coremediaradio
Incent’s official website, http://incentloyalty.com
.......states that the funds raised from the ICO will be used in four different key areas. These are:
Development of the mobile applications and merchant integrations (POS and ecommerce.
Establishment of governance and compliance architecture.
Marketing and Business Development.
To part fund a marketmaking reserve.
The ICO starts on 1st October 2016, and the pricing plans are as follows;
For the first 4 days of the ICO (01 0001Z 04 2359Z Oct) Incent will be priced at 10,000 per BTC (Incent/BTC = 1/0.0001).
For next 7 days of the ICO (05 0001Z 11 2359Z Oct) Incent will be priced at 9,000 per BTC (Incent/BTC =1/0.00011111).
For next 7 days of the ICO (12 0001Z 18 2359Z Oct) Incent will be priced at 8,000 per BTC (Incent/BTC =1/0.000125).
For next 7 days of the ICO (19 0001Z 25 2359Z Oct) Incent will be priced at 7,000 per BTC (Incent/BTC =1/0.00014286).
For next day of the ICO (26 0001Z 26 2359Z Oct) Incent will be priced at 6,800 per BTC (Incent/BTC =1/0.00014706).
For next day of the ICO (27 0001Z 27 2359Z Oct) Incent will be priced at 6,600 per BTC (Incent/BTC =1/0.00015151).
For next day of the ICO (28 0001Z 282359Z Oct) Incent will be priced at 6,400 per BTC (Incent/BTC =1/0.00015625).
For next day of the ICO (29 0001Z 29 2359Z Oct) Incent will be priced at 6,200 per BTC (Incent/BTC =1/0.00016129).
For final day of the ICO (30 0001Z 30 2359Z Oct) Incent will be priced at 6,000 per BTC (Incent/BTC =1/0.00016666).
At 30 2359Z Oct or the BTC equivalent of USD 5 million raised whichever occurs soonest the ICO will close.
Well I read the main page and what it offers, but I don't really get it.
Can you break it down simply in terms of what it offers? No business lingo and commerce lingo.
What does it do? Offers rewards for returning and loyal customers? Is it just for merchants? What do they mean by "content"? Is this useful for Steemit?
Thanks.
sure, It's issued by BitScan, they buy the token at the market price for Waves. This is then given to customers as merchants choose to reward the consumers for a transaction. This crypto token is operated on proof of stake so the volume increases over time as the circulation driven by merchant transactions volume increase over time. Hope that helps, interview has been rescheduled I will repost as soon as I know. You can help pick his brain
All my best to the Incent Team :)
bounties?