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Holo - Due diligence #24

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icochecker opened this issue Dec 18, 2017 · 12 comments
Closed

Holo - Due diligence #24

icochecker opened this issue Dec 18, 2017 · 12 comments

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@icochecker
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@icochecker icochecker commented Dec 18, 2017

Holo (HOT)

telegram-chat

Team

Advisors

  • No advisors

Company

Holo Limited

Company address:
Suite 23
Portland House
Glacis Road
Gibraltar GX11 1AA

Company Number: 116305

holo-gibraltar

Smart contract

Github

Commits

holochain-commit

Product

Vesting

  • No vesting schedule for Organization & Team tokens, but the team will mostly be paid in Holo fuel which is not exchangeable until the platform is running. HoloTokens are temporary and will be destroyed once Holo Launches.
  • Explanation from team in comments below.

holo-vesting

holo-vesting-chat-1
holo-vesting-chat-2
holo-vesting-chat-3

Additional info

  • Residents of The United States, China, and South Korea will not be able to participate.

Token distribution

holo-distribution

Token allocation

upd-alloc -graph 2x

Q&A

holo-qa-1
holo-qa-2
holo-qa-3
holo-qa-4
holo-qa-5

Flags

Real Team:
GitHub:
Smart Contract:
Working Product:
+2 yr Vesting for team:
Have a company:
Transparent:

IcoCheck

@angryolk
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@angryolk angryolk commented Jan 23, 2018

hi admin, why Red Flag?

@shumailxyz
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@shumailxyz shumailxyz commented Jan 23, 2018

@angryolk Because of "No Vesting Schedule". For the green flag, one of the conditions is +2 years vesting with a 6 month cliff

@angryolk
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@angryolk angryolk commented Jan 24, 2018

@shumail92 what if no vesting will affect an ico? i see their team will mostly paid in Holo fuel which is not exchangeable until the platform is running?

@shumailxyz
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@shumailxyz shumailxyz commented Jan 25, 2018

@angryolk I am not an admin. May be @icochecker can give better answer here.

@icochecker
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@icochecker icochecker commented Jan 30, 2018

@angryolk I updated the issue with Teams explanation for no vesting. See screenshots in the vesting section.

@qubist
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@qubist qubist commented Jan 30, 2018

Hi, Will here from the Holo team. Additionally, vesting makes a little less sense for our ICO because our HoloTokens are temporary. We're planning on exchanging all tokens we sell for Holo fuel once Holo launches, after a few months of the Tokens being around. So having a 2 year vesting period would be after all the tokens would be destroyed.

@qubist
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@qubist qubist commented Jan 30, 2018

Thanks for keeping this so well updated and conglomerating all this information together for folks :) We really appreciate it

@kuangli2000
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@kuangli2000 kuangli2000 commented Feb 4, 2018

Thanks

@icochecker
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@icochecker icochecker commented Feb 7, 2018

Update as of 8 Feb 2018

2018-02-08 00 53 24

@kuangli2000
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@kuangli2000 kuangli2000 commented Apr 8, 2018

What is the total amount of tokens? I can't find the relevant information. ICO of this project has restarted

@qubist
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@qubist qubist commented Apr 9, 2018

Hi @kuangli2000, the total amount of tokens won't be known until the ICO ends. This is because tokens are minted as they are sold (unsold tokens never exist). There's more info on our website https://holo.host/ico and you can also join our Telegram: http://t.me/channelholo

@kuangli2000
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@kuangli2000 kuangli2000 commented Apr 9, 2018

Thank you

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5 participants