Ascendancy IPO Turned Into a Scam - Investigation in progress

[btvGainer]

Kindly reserve Hindi translation spot for me.I am the only English to Hindi professional translator on this forum.
I don't use Google translation or any other translator

[SparkIt]

Kindly reserve Hindi translation spot for me.I am the only English to Hindi professional translator on this forum.
I don't use Google translation or any other translator

Hello!
Click here to see current translations.
Sincerely, SparkIt.

[btvGainer]

Kindly reserve Hindi translation spot for me.I am the only English to Hindi professional translator on this forum.
I don't use Google translation or any other translator

Hello!
Click here to see current translations.
Sincerely, SparkIt.

I checked your Hindi translation and anyone can say that it is rubbish Google translation which doesn't make any sense. The person did this translation should be given negative ratings for this amount to cheating to me.

[specturul]

Hello everyone! Can someone describe how distribution of coins will happen? How long coins will be frozen in the ICO study? Will it be possible to transfer coins or buy it immediately after the end of ICO?
It is a Lisk fork? What distinguishes from other coins with smart contracts?

[AltPacino]

I would also like to know when the coins will be ready to trade!

[mekar sari]

I would also like to know when the coins will be ready to trade!

IPO starts January 27th, 20.00 GMT. https://ascendancy.io/#/

[SparkIt]

Hello everyone! Can someone describe how distribution of coins will happen? How long coins will be frozen in the ICO study? Will it be possible to transfer coins or buy it immediately after the end of ICO?
It is a Lisk fork? What distinguishes from other coins with smart contracts?

Hello!
You will get your ASC automatically via the IPO site. When trading is implemented you will be able to send ASC from your account, we will release a client/server for every platform likely in Q4 2017 or Q1 2018.
Before that you will be able to trade via your account on the website.
You can take a look at our roadmap:


It is no fork at all, Ascendancy is written from scratch.

Ascendancy is not a coin but a framework, Ascendancy allows users to build their own decentralised applications, A smart contract is effectively a DApp in this case.

I hope this answers your questions, in case you've got more questions don't hesitate to ask us!

Sincerely,
Axel aka SparkIt.

[blg42598]

What's different from this and Lisk?

[synthgauge]

What's different from this and Lisk?

Nothing, both were rolled out by a crooked baboon at the railway station in northern japan. They should be more thoughtful about user response if they dont wanna be buried under volcanic rock in fukushima prefecture.

[johhnyUA]

Sorry, but it's looks like LISK. But cheaper version of course   Where differences?
Also, there too big terms for goals which listed in roadmap. Everything can be launched within 2-3 month after IPO (i mean everything which listed in 2017)

[lenyro]

There are 6 members in the asc coin, it should be a reliable team because darkstar is a famous guy in the forum, I trust him very much. Let us wait for the ICO starts, but I can't wait, still some days.

[SparkIt]

Only one week and one hour left now!

[Joel_Jantsen]

What's different from this and Lisk?

On the understanding level - Nothing.
On the code level - A lot.

For instance,different Linux kernels exist for a reason.Their parents are same but code optimization and algorithms used on the system level is what makes them different.Similarly,the case with ASC when compared to Lisk.They both offer a few similar features to serve as a framework for creating Dapps but it is their internal implementation and ease of use is what makes them different.With ASC'S user-friendly modules,it wouldn't take much time in setting up the apps,even newbies for that matter can start writing their own Dapps since day 1 of their introduction to the framework.We're primarily focusing on the algorithms and trying to reduce the time and space complexity for better analysis.

Nothing, both were rolled out by a crooked baboon at the railway station in northern japan. They should be more thoughtful about user response if they dont wanna be buried under volcanic rock in fukushima prefecture.

We're more bothered about user's learning curve while using our framework for the first time.

Sorry, but it's looks like LISK. But cheaper version of course   Where differences?
Also, there too big terms for goals which listed in roadmap. Everything can be launched within 2-3 month after IPO (i mean everything which listed in 2017)

To add a few notable differences that I can think of right now (from the "n" number of them)
-ASC Custom Plugin Feature.
-ASC Plugin marketplace.(so one doesn't have to re-write the code already written by someone) .Paid and free usage options available which is upto the app developers.
-Supports Multi-threading etc.

[Tasty Potato]

Hey there, good to see something different from coutless skinny~shady altcoins ICOs  

I joined, or at least gave the info, signature campaign, and reading the promo graphics I have a question.
Could you provide some specifics to the this line: "Users who join the campaign during the first two week well get a loyalty bonus if they are active during the whole campaign"?
Are you talking about the weekly distributed ASC bounties for writing >15 posts a week or something else?

Is there a way to see if I am enlisted? What happens if + when my rank is upped during the campaign, whome and how to bother  

Recently I wrote to '[email protected]' but got no reply atm, is the person who checks it one from this forum?

Hi!
If you join during week 1 or week 2 of the IPO and then you're active (you keep your signature and you keep posting etc) you'll receive a bonus at the end of the signature campaign! You will receive the bonus in ASC (even though phase 2 of the Signature Campaign is paid in BTC).

Lutpin will update spreadsheet soon and then you will all be able to see if you're approved.
If your rank is upped, contact Lutpin.

I can't find any recent e-mail, you can forward the e-mail to [email protected] in case you have any questions in addition to those you asked here.

Sincerely,
Axel aka SparkIt

Thank you for your answer, I forwarded the letter.
Seems signature campaign is not on your team's priority list, 've been waiting for enrolling since the 18^th. 

[logictense]

Oh my, again this ascendancy crap. How do u lads even trade this one. Its not listed anywhere besides vietnamese exchanger, but u keep talking it up like its a hot mover, hyped by the entire polo trollbox. Modular nature of ascendancy platform might be the most hyped gimmick of the year 2017.

[ruletheworld]

Our AscendancyTeam will be happy to reply to all your technical and IPO related queries.

Are you really going to call it an IPO? Seems like you're not even trying anymore 

Do we know anything about the founders of the project?

[SparkIt]

Oh my, again this ascendancy crap. How do u lads even trade this one. Its not listed anywhere besides vietnamese exchanger, but u keep talking it up like its a hot mover, hyped by the entire polo trollbox. Modular nature of ascendancy platform might be the most hyped gimmick of the year 2017.

You can't trade it since the IPO hasn't even started yet. The IPO starts in a week, then you'll be able to buy Ascendancy.

[SparkIt]

Are you really going to call it an IPO? Seems like you're not even trying anymore  

Do we know anything about the founders of the project?

Yes, since Ascendancy is a crypto framework and not a crypto currency calling it an ICO (Initial Coin Offering) would be misleading. IPO (Initial Public Offering) on the other hand is more accurate for this kind of project.

We will publish interviews of all team members on the new website that will be live any day now. I hope you have the patience to wait until then!

Sincerely,
Axel Karlsson aka SparkIt
Project Manager

[ruletheworld]

Are you really going to call it an IPO? Seems like you're not even trying anymore  

Do we know anything about the founders of the project?

Yes, since Ascendancy is a crypto framework and not a crypto currency calling it an ICO (Initial Coin Offering) would be misleading. IPO (Initial Public Offering) on the other hand is more accurate for this kind of project.

We will publish interviews of all team members on the new website that will be live any day now. I hope you have the patience to wait until then!

Sincerely,
Axel Karlsson aka SparkIt
Project Manager

Appreciate that reply, and look forward to seeing the whole team in the future. Would you have any restrictions in terms of who can participate in the IPO and how much they are allowed to buy-in?

[AscendancyTeam]

Appreciate that reply, and look forward to seeing the whole team in the future. Would you have any restrictions in terms of who can participate in the IPO and how much they are allowed to buy-in?

Ruletheworld,

We are not planning on having restrictions on who can participate in the IPO or how much they are allowed to invest.
I'm not sure why we'd do that as it could be seen as unfair and they could simply just make another account on our site and invest more.

I hope that clears things up,
Andrew Penn