IUNGO.NETWORK Global WiFi Network

[TOKIA]

Hello,

I heard pre-ico has been sold out. Good job.
When does the ico start tho?

[Cynos]

The full ICO starts in Thursday 7th- this one is going to be huge

https://medium.com/@iungo/announcing-the-iungo-token-strategy-monetary-and-fiscal-policy-b7bad789da4a

[den_penta]

So, before it all begins - you, dev's, MUST answer my question!
How many ING I'll get for my, for ex. 1 ETH sent to you on pre-ICO!
90000ING or ... what?!


I think it can ruin all these project and hope you understand it.

[clupo911]

Hi Dev and team , very interesting project ,I like the platform ,of using your wi-fi internet for  providing internet to the masses and geting paid for it . wish best to dev and team on develop , and implementation .Congrats on first router up and sharing internet ,.. Excited to see future growth of this project , good project , with a good team behind it , i believe it will have a bright future,.... will continue to follow and support .

[Mantas_IUNGO]

So, before it all begins - you, dev's, MUST answer my question!
How many ING I'll get for my, for ex. 1 ETH sent to you on pre-ICO!
90000ING or ... what?!


I think it can ruin all these project and hope you understand it.

[edited]
Presale will get 1eth=3000ing
Phase one (50% bonus) 1eth=1500ing

Every pre-ICO buyer will get 3X tokens. (3000ING) Check post below for information

[den_penta]

Do you understand that you put mark SCAM on all project right now?

6. TOKEN SALE CONDITIONS
6.1. IUNGO as a company is to be set up and an initial coin offering will be conducted. The offering will be a virtual currency tokens known as a ING. Funds raised by IUNGO will be given as grant towards the development of IUNGO as a project.
6.2. During the TOKEN SALE IUNGO as a company will issue tokens on the Ethereum blockchain operated by a smart contract and following the ERC20 protocol.
6.3. ING will be issued in exchange for Ether based on the smart contract.
6.4. TOKEN TOTAL SUPPLY and TOKEN SALE stages:
TOKEN SUPPLY: 10 000 000 000 ING
6.4.1. pre-ICO SALE. In the pre-ICO SALE, 100 000 000 (1 percent % of total ING sold) ING will be sold to finalize the initial version of IUNGO before the full TOKEN SALE. The price of ING will be 90,000 ING per Ether.
6.4.2. Full TOKEN SALE. The amount to raise in full TOKEN SALE will be publiched.
Standard (without discount) ING TOKEN PRICE: 30 000 ING = 1 ETH
6.5. ING will be allocated among participants of the pre-ICO SALE, the full TOKEN SALE as well as management and advisors to IUNGO. Pre-ICO SALE participants will be allocated maximum of one (1) percent (%) of all ING. TOKEN SALE participants will be allocated 40% and rest in 2nd round of ING sale. Additional 12% + 12% + 12% ING is allocated to the development (IUNGO Service Gateway) and advisors, bounty, team and founders fund as motivational tool to align the interest with the value of ING as stated in 6.4. A part of these ING tokens will be used as bounties during pre-ICO SALE and full TOKEN SALE.
6.6. The number of ING tokens allowed for purchase by one User is not limited (exception in Pre-ICO is 50 ETH per transaction).
6.7. The TOKEN SALE conditions are indicated in more detail in the Whitepaper and the Website which are an integral part of this Agreement and you agree to be bound by them. To the extent the TOKEN SALE conditions indicated in this chapter 6 of the Agreement conflicts with the Whitepaper and the Website, the Whitepaper and the Website prevail.
6.8. ING emission will be conducted via IUNGO website – iungo.network. By participating in the TOKEN SALE you agree to be bound by all the terms and conditions of IUNGO. Failure to follow the TOKEN SALE instructions on the Website may limit, delay, or prevent you from purchasing ING.
6.9. Any detected double spend of cryptocurrency and/or tokens will result in no ING being provided to the relevant party.
6.10. ING is available for purchase to eligible buyers only during the announced periods of the TOKEN SALE period as indicated in this Agreement, the Whitepaper and the Website.

You change two covenants dramatically!!! After!!! pre-ICO purchase!!!
1. Price from 1ETH=90000ING to just 3000ING
2. Pre-ICO percent from 1% to 1.3%

Even in shitty crypto-world that screams: SCAM!

Frist sign was when you didn't collect enough etherium during pre-ICO. Just one payment in last days cover all gap in softcap.

if I remember it correctly it was this shit:
https://etherscan.io/address/0x036717441aa539e31b8551f704c11aac08c6a36d

So...
That's enough for all who's read this topic.
It is just another one Baltic SCAM!
Dozens of them. Hashflare, Polybius and now UINGO.

[Mantas_IUNGO]

Thanks for the feedback. It's our fault we did not communicate it well. But we appreciate your feedback.

Our sales and proportions have not changed.
Here are few things:

1) We planned to sell 10bn tokens at the beginning. But because of community/marketing reasons, we changed this number to 100m.
2)
    Our pre-sale was 3x
    First two weeks of ICO will be 1.5x.

Nothing changed here and none will get the price benefits that presale buyers had.

Since we will issue less tokens (check 1) these number changed proportically. Since 1 ETH = 1000 ING every presale will get 3x - 3000 ING for one ETH. Early buyers on ICO will get 1.5x what is equal to 1500 ING tokens.

This decision was made listening to the community.

Hope it sorts things out. Again, thank you for feedback.
    

[Cynos]

Hi Den, don't worry this is old news.   All the Presale investors (myself included) were informed that they were reducing the total supply of ING Tokens based on feedback from experts abd the community. The important  thing is that the % ownership of the Total supply of ING remains the same and the nice 3x bonus remains the same compared to the full price at end of the ICO.

Overall the reduction in the total supply of ING is good for ALL investors as it increases scarcity of the coin. The devs  are super honest and will burn anything unsold. This is a legit project and I recommend you come to the telegram group and talk to the dedicated 24 hour customer support team they have working there to clarify any other questions.

You can find the telegram link on page one. It's a serious , honest and helpfull community of people who want to spread wifi to the 4.3 Billion people in the developing world so I look forwards to see you there! Where are you from by the way ?

Edit: Den, I see you say you have invested 1ETH in pre ICO? Congrats ! You have got an excellent bonus and will have 3x more ING in terms of ETH than people buying at the end of the ICO. If you are an investor I am suprised you have not come to the telegram channel to get the answer to your questions there - you can even PM the devs like Paulius or the earlier investors like Berry and they can explain all the details of your token. Basically you have got the best possible deal in one of the highest potential and most honest ICOs in 2017. They have an Executive from LinkedIn in the board of investors so relax , enjoy the fact that on the first day of the ICO you will have already made a profit and most important....... come to the telegram and join the other early investors! https://t.me/IUNGO

And YES,
Devs you miss your own textes:

6. TOKEN SALE CONDITIONS
6.1. IUNGO as a company is to be set up and an initial coin offering will be conducted. The offering will be a virtual currency tokens known as a ING. Funds raised by IUNGO will be given as grant towards the development of IUNGO as a project.
6.2. During the TOKEN SALE IUNGO as a company will issue tokens on the Ethereum blockchain operated by a smart contract and following the ERC20 protocol.
6.3. ING will be issued in exchange for Ether based on the smart contract.
6.4. TOKEN TOTAL SUPPLY and TOKEN SALE stages:
TOKEN SUPPLY: 10 000 000 000 ING
6.4.1. pre-ICO SALE. In the pre-ICO SALE, 100 000 000 (1 percent % of total ING sold) ING will be sold to finalize the initial version of IUNGO before the full TOKEN SALE. The price of ING will be 90,000 ING per Ether.
6.4.2. Full TOKEN SALE. The amount to raise in full TOKEN SALE will be publiched.
Standard (without discount) ING TOKEN PRICE: 30 000 ING = 1 ETH

I take it here: https://iungo.network/terms-conditions-preico

[stitch143]

Hi Den, don't worry this is old news.   All the Presale investors (myself included) were informed that they were reducing the total supply of ING Tokens based on feedback from experts abd the community. The important  thing is that the % ownership of the Total supply of ING remains the same and the nice 3x bonus remains the same compared to the full price at end of the ICO.

Overall the reduction in the total supply of ING is good for ALL investors as it increases scarcity of the coin. The devs  are super honest and will burn anything unsold. This is a legit project and I recommend you come to the telegram group and talk to the dedicated 24 hour customer support team they have working there to clarify any other questions.

You can find the telegram link on page one. It's a serious , honest and helpfull community of people who want to spread wifi to the 4.3 Billion people in the developing world so I look forwards to see you there! Where are you from by the way ?

Edit: Den, I see you say you have invested 1ETH in pre ICO? Congrats ! You have got an excellent bonus and will have 3x more ING in terms of ETH than people buying at the end of the ICO. If you are an investor I am suprised you have not come to the telegram channel to get the answer to your questions there - you can even PM the devs like Paulius or the earlier investors like Berry and they can explain all the details of your token. Basically you have got the best possible deal in one of the highest potential and most honest ICOs in 2017. They have an Executive from LinkedIn in the board of investors so relax , enjoy the fact that on the first day of the ICO you will have already made a profit and most important....... come to the telegram and join the other early investors! https://t.me/IUNGO

6. TOKE

[/quote]

Great answer Cynos 

[den_penta]

Thank you Cynos for info!

But!
I don't think it works this way.
At least in real life and in investment.
You can't publish covenants, take money and change it after all.
It will be your last day on market. In best scenario. For some of such tricks it will be finished in jail.

They thinking about community? Make decision by itself without voting of shareholders?
They're publish something in tele... what?
Without personal message to each personally?
Is it joke or what?

So...
all this Baltic's "pusiness" (in Tallin they can't pronounce "B")... is just shitty-crypto-Ponzi-lottery.
With totally different risk-management. I'm pretty successful in this area up today, but...

Will sell this ING in first days after ICO finish.
Not my sort of business.

[Cynos]

Hey Den,

I totally understand where you are coming from- you make some fair points, but I guess they apply to all of the crypto world and not this specific project.......

The reality is all the early IUNGO investors are delighted they reduced the total supply, this creates real scarcity meaning our deal is far better than we even thought at pre ICO 

If you can come to the Telegram channel and I can explain everything to you, what is your name there?

Also, if you do not want to be involved in the project I will put my money where my mouth is and buy your 1 ETH worth of ING from you today  (before the ICO starts) at the agreed pre-sale rate. I wish I had bought 2 ETH in the presale    send me a PM here or on Telegram if you are interested to sell.

Finally, the Core Team are from Lithuania, the Advisors from US and Ireland no Estonians on this one

Talk soon.

Thank you Cynos for info!

But!
I don't think it works this way.
At least in real life and in investment.
You can't publish covenants, take money and change it after all.
It will be your last day on market. In best scenario. For some of such tricks it will be finished in jail.

They thinking about community? Make decision by itself without voting of shareholders?
They're publish something in tele... what?
Without personal message to each personally?
Is it joke or what?

So...
all this Baltic's "pusiness" (in Tallin they can't pronounce "B")... is just shitty-crypto-Ponzi-lottery.
With totally different risk-management. I'm pretty successful in this area up today, but...

Will sell this ING in first days after ICO finish.
Not my sort of business.

[xpzycox]

Thank you Cynos for info!

But!
I don't think it works this way.
At least in real life and in investment.
You can't publish covenants, take money and change it after all.
It will be your last day on market. In best scenario. For some of such tricks it will be finished in jail.

They thinking about community? Make decision by itself without voting of shareholders?
They're publish something in tele... what?
Without personal message to each personally?
Is it joke or what?

So...
all this Baltic's "pusiness" (in Tallin they can't pronounce "B")... is just shitty-crypto-Ponzi-lottery.
With totally different risk-management. I'm pretty successful in this area up today, but...

Will sell this ING in first days after ICO finish.
Not my sort of business.

After reading this entire thread and seeing Den_Panda's interaction.. the farcity of the pre-sale being sold out with false lump sum payments. The changes on terms and conditions after presale.

This seems just to be a clone of WiC or WiFI-Globalized... hopping on the band wagon and doing a shit job at that. Most of it seems to be a copy-and paste of each combined...

Presale stages just like WIC with "high ROI" guaranteed after ICO based on pricing stages...  I agree with Den_Panda here this one screams stay away.

[Cynos]

Nice Video Update from the IUNGO Team    https://www.youtube.com/watch?v=OZMcBfiDjVQ

[CryptoRC]

Nice Video Update from the IUNGO Team    https://www.youtube.com/watch?v=OZMcBfiDjVQ

Nice Video Andrius!

[btcltcdigger]

Thank you Cynos for info!

But!
I don't think it works this way.
At least in real life and in investment.
You can't publish covenants, take money and change it after all.
It will be your last day on market. In best scenario. For some of such tricks it will be finished in jail.

They thinking about community? Make decision by itself without voting of shareholders?
They're publish something in tele... what?
Without personal message to each personally?
Is it joke or what?

So...
all this Baltic's "pusiness" (in Tallin they can't pronounce "B")... is just shitty-crypto-Ponzi-lottery.
With totally different risk-management. I'm pretty successful in this area up today, but...

Will sell this ING in first days after ICO finish.
Not my sort of business.

I wouldnt call it a scam justb because some decision doesnt sit well with you.

So far i haven't seen any funny business from iungo team. ( cant say anything about other baltic teams )

[den_penta]

Time will tell.
Just two months and we'll see results.

[bluberry7]

That is a project with clean concepts and plans, a professional team, I think there is the potential to succeed!

[Desmozgenes]

Time will tell.
Just two months and we'll see results.

Yeah,i guess we will know for sure soon enough.Personally,i think all this is legit and havent seen anything shady going on around this ICO.

[Cynos]

Wow, perfect answer from Dylan! Amazing team 

The ICO is live today, check out the video update: https://www.youtube.com/watch?v=2_jd35pejeI

[lilaj4de]

What security will the project give me the moment I share my internet? Will some kind of vpn or something similar be created for this share?