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Q&A:
33
Votes
Q:
What problems does PO8 solve?
A:
The main problems they solve are eliminating barriers to entry for people who want to participate in marine archaeology projects, and the decentralizing the distribution of recovered treasures.
By po8. August 09, 2019
33
Votes
Q:
Does loom have mainnet?
A:
Yeah, we have 3 main nets. https://medium.com/loom-network/plasmachain-gamechain-socialchain-the-loom-network-universe-expounded-5c672617a333?source=collection_home---4------12---------------------
By XavierL. August 13, 2019
32
Votes
Q:
What is SILVER?
A:
Hello I am Liam! SILVEprofiR is a sub token awarded to PO8 holders who take part and complete bounty tasks on MADS application.
By LiamVitsch. August 09, 2019
31
Votes
Q:
Is it possible to mine SILVER?
A:
No, it can be obtained by completing tasks in MADS (Maritime Artifact Data System is a decentralised system that handles registrants who want to be part of the bounty hunt program); interactive and automated. Automated are proprietary formulas that execute automated tasks by the client application, integrated into the user's wallet to identify objects in the marine floor. Interactive requires more effort in doing different video and other media tasks.
By AvaEvans. August 12, 2019
31
Votes
Q:
What will be the first expeditions?
A:
Hi~ I'm Ava :) The first expedition is "Nuestra de Signora Maravillas and Capitana".
By AvaEvans. August 12, 2019
29
Votes
Q:
How will the funds be distributed?
A:
Crowd Sale 60% of PO8 created during our token sale will be reserved for contributors who send ETH to the smart contract address. Team 10% of PO8 will be locked in a smart contract for the founders and team, subject to a six-month cliff and 24-month vesting period.
By po8. August 09, 2019
29
Votes
Q:
Does PO8 have competitors?
A:
Currently, PO8 is the first-to-market blockchain ecosystem bringing value to the marine archaeology industry. Their only indirect competitors would be traditional commercial salvage companies. https://www.google.com/amp/s/www.coinspeaker.com/2018/07/05/po8-believes-blockchain-is-a-perfect-case-solution-for-the-bahamian-marine-archaeology/amp/
By po8. August 12, 2019
29
Votes
Q:
Can someone tell me please if Loom is classified as security?
A:
No, utility token
By IminathiNel. August 13, 2019
27
Votes
Q:
Are there any plans to use standard ERC-20 token instead of Geon coins only?
A:
Currently, the GEON token initially issued will be a ERC-20 token.
By RubyBell. August 16, 2019
27
Votes
Q:
Can you tell me what ICO tech solution provider are you using for the token sale?
A:
Currently, we are negotiating with a few providers. Trying to pick the best offer.
By MackenzieHall. August 16, 2019