Sep 23, 2017 09:27 AM
(This post was last modified: Sep 23, 2017 09:39 AM by Frebbe.)
WEBSITE: https://www.plexcoin.tech/
WHITEPAPER: https://cdn01.plexcoin.tech/Plexcoin_en.pdf
So even though I live in Denmark this french ad suddenly shows up on my facebook about PlexCoin and as far as my French goes I think they have an ongoing ICO.
After checking, yes their ICO ends in 7 days, they're in 2nd stage of the ICO
https://imgur.com/a/cLI9f - This is their ad on facebook, and from the look of it, it seems as they're going to introduce some sort of a credit card soon.
This is what they have to say about the "PlexCard" in their Whitepaper.
"Revolutionary and unprecedented, PlexCard will be accepted everywhere in the
world, regardless of your country’s currency. Your card will adapt to the
geographical area in which you are located. PlexCard will be linked to your
PlexWallet and to your PlexCoin. When you make a purchase with the card, our
system will target the best available exchange rate and will debit your account of
the exact PlexCoin amount corresponding to your purchase in order to confirm the transaction."
You would get the idea that their card solution is close to done by the sound of that, now I know this is an ICO and they're trying to gather as much money as possible and that's also what raises my concerns, because this just seems too good.
What they state is their most revolutionary product is the "PlexBank", now I do not know very much about cryptos, but this is really something I haven't heard of before
Read here: https://imgur.com/a/45atz
The thing about "freezing" the currency sounds really cool, but if we use their case, where would those extra 66.66 ETH come from? Idea is cool, it might just be the case that I don't know enough about cryptos, but it sounds too good to be true, yet again, I might be wrong.
I am thinking about buying in, because this sounds awesome, but I thought I'd discuss it with you guys first
The price is 0.28$ pr. coin atm which seems quite high, they state a potential profit of 629% but no statement of how that number was calculated. - Correction, this is how that number was calculated
"This calculation tool is based on the price of the current sale stage. The estimated value ($1.76 per PlexCoin) is based on the possibility that all PlexCoin will be sold during the pre-sale. In this case, your initial purchase will be multiplied by 1 354% in 35 days or less."
The 1354% was when the presale was selling @ 0.13$, it's now 629% because price was raised to 0.28$ in stage 2 of the ICO
WHITEPAPER: https://cdn01.plexcoin.tech/Plexcoin_en.pdf
So even though I live in Denmark this french ad suddenly shows up on my facebook about PlexCoin and as far as my French goes I think they have an ongoing ICO.
After checking, yes their ICO ends in 7 days, they're in 2nd stage of the ICO
https://imgur.com/a/cLI9f - This is their ad on facebook, and from the look of it, it seems as they're going to introduce some sort of a credit card soon.
This is what they have to say about the "PlexCard" in their Whitepaper.
"Revolutionary and unprecedented, PlexCard will be accepted everywhere in the
world, regardless of your country’s currency. Your card will adapt to the
geographical area in which you are located. PlexCard will be linked to your
PlexWallet and to your PlexCoin. When you make a purchase with the card, our
system will target the best available exchange rate and will debit your account of
the exact PlexCoin amount corresponding to your purchase in order to confirm the transaction."
You would get the idea that their card solution is close to done by the sound of that, now I know this is an ICO and they're trying to gather as much money as possible and that's also what raises my concerns, because this just seems too good.
What they state is their most revolutionary product is the "PlexBank", now I do not know very much about cryptos, but this is really something I haven't heard of before
Read here: https://imgur.com/a/45atz
The thing about "freezing" the currency sounds really cool, but if we use their case, where would those extra 66.66 ETH come from? Idea is cool, it might just be the case that I don't know enough about cryptos, but it sounds too good to be true, yet again, I might be wrong.
I am thinking about buying in, because this sounds awesome, but I thought I'd discuss it with you guys first
The price is 0.28$ pr. coin atm which seems quite high, they state a potential profit of 629% but no statement of how that number was calculated. - Correction, this is how that number was calculated
"This calculation tool is based on the price of the current sale stage. The estimated value ($1.76 per PlexCoin) is based on the possibility that all PlexCoin will be sold during the pre-sale. In this case, your initial purchase will be multiplied by 1 354% in 35 days or less."
The 1354% was when the presale was selling @ 0.13$, it's now 629% because price was raised to 0.28$ in stage 2 of the ICO
![[Image: RiVgfAL.png]](https://i.imgur.com/RiVgfAL.png)
