ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,848
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Post by ilmoro on Jan 9, 2019 21:58:18 GMT
I forgot all about this for ages. I finally got round to registering today on the asmx.io page. The only info that I was asked for was: Email address, First name, Surname. Given the earlier complaints about being asked for photos while holding a passport: am I in the right place? have I missed the boat? have they relaxed their requirements? am I too impatient, and a later stage will ask me to jump through more hoops? ablrate , does it make a difference to the bonus as to whether I register with the email address associated with my Standard or IFISA accounts? Isn't that just registering interest in their equity raise? Previously you were signing up for a ICO token investment but they pulled that. I don't see anywhere to sign up for the actual platform.
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Post by Ace on Jan 9, 2019 22:08:09 GMT
Thanks ilmoro, I hadn't realised that the token thing had been pulled. I'm surprised it didn't feature in this thread! I guess it has been now 👍
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seb8072
Member of DD Central
Posts: 177
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Post by seb8072 on Jan 10, 2019 9:01:41 GMT
Can someone explain the status of this ASMX token offer. Has it all now been scrapped? The last word I had from Ablrate was towards the end of November when I was told I would receive further information nearer the closing date.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,848
Likes: 11,076
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Post by ilmoro on Jan 10, 2019 9:32:02 GMT
Can someone explain the status of this ASMX token offer. Has it all now been scrapped? The last word I had from Ablrate was towards the end of November when I was told I would receive further information nearer the closing date. Only what's in the FAQ on the site, where I took my earlier comment from. Pulled with investors being refunded or converted into equity.
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seb8072
Member of DD Central
Posts: 177
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Post by seb8072 on Jan 10, 2019 9:57:58 GMT
Thanks ilmoro, good of them to let us know.
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Post by ablrate on Jan 10, 2019 10:36:53 GMT
Can someone explain the status of this ASMX token offer. Has it all now been scrapped? The last word I had from Ablrate was towards the end of November when I was told I would receive further information nearer the closing date. yes -ASMX decided to pull it... we will update you on everything that is happening as there is lots going on - but basically strategic equity investment was offered and the token market was getting overly complex and probably clouding the technology which is what we are more interested in.
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brianlom1
Member of DD Central
He's not the Messiah, he's a very naughty boy!
Posts: 384
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Post by brianlom1 on May 15, 2020 21:59:18 GMT
As outlined in the first of today's Ablrate Updates, ASMX will replace the existing secondary market and there will be a 0.25% charge for each secondary market transaction. Maybe I've not been paying attention but these two statements were news to me.
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registerme
Member of DD Central
Posts: 6,192
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Post by registerme on May 15, 2020 22:30:55 GMT
As outlined in the first of today's Ablrate Updates, ASMX will replace the existing secondary market and there will be a 0.25% charge for each secondary market transaction. Maybe I've not been paying attention but these two statements were news to me. That's... not good.
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k6
Posts: 163
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Post by k6 on May 15, 2020 22:47:52 GMT
That’s .... very not good
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sapphire
Member of DD Central
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Post by sapphire on May 16, 2020 3:36:32 GMT
As outlined in the first of today's Ablrate Updates, ASMX will replace the existing secondary market and there will be a 0.25% charge for each secondary market transaction. Maybe I've not been paying attention but these two statements were news to me. Thanks for highlighting. This is news for me too. Whilst the T&Cs may empower ablrate to do so, I think if they wish to retain & build on their goodwill, this new charge should only be applied to new ablrate loans issued henceforth with full disclosure of this new fee. Existing investors may not have invested if they were aware that they would be liable to pay this. Do hope ablrate consider this aspect. Whilst ASMX has been in the works for quite sometime now, I can't find a specific mention of this (proposed) charge even in the most recent Borrowing Proposal (Loan #144). Hope I have not missed something obvious.
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Post by Badly Drawn Stickman on May 16, 2020 6:32:40 GMT
As outlined in the first of today's Ablrate Updates, ASMX will replace the existing secondary market and there will be a 0.25% charge for each secondary market transaction. Maybe I've not been paying attention but these two statements were news to me. That's... not good. I have paid absolutely no attention, but did watch the update video last night and was pleasantly suprised that it had updates instead of just a 10 minute rant. However I digress, I suspect that fee is for alternative markets and not platform loans, if it is for platform loans then it is shameful. Maybe ablrate could clarify before the mob with a rope arrives?
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blender
Member of DD Central
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Post by blender on May 16, 2020 7:51:04 GMT
I don't recall any mention of fees for trading Ablrate loans, only good and wonderful things that I might possibly need. I suppose an angry mob with torches and pitch forks is not so menacing when they are all spaced 2 metres apart.
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Post by Badly Drawn Stickman on May 16, 2020 8:20:25 GMT
I don't recall any mention of fees for trading Ablrate loans, only good and wonderful things that I might possibly need. I suppose an angry mob with torches and pitch forks is not so menacing when they are all spaced 2 metres apart. The correct camera angle could disguise the spacing, possibly cardboard cut outs could be used to help the illusion. I will be perfectly safe on the porch with a shotgun, delivering the immortal line.... There will be no lynching while I'm sheriff.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,742
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Post by jonno on May 16, 2020 8:36:27 GMT
I don't recall any mention of fees for trading Ablrate loans, only good and wonderful things that I might possibly need. I suppose an angry mob with torches and pitch forks is not so menacing when they are all spaced 2 metres apart. The correct camera angle could disguise the spacing, possibly cardboard cut outs could be used to help the illusion. I will be perfectly safe on the porch with a shotgun, delivering the immortal line.... There will be no lynching while I'm sheriff. I really do worry about the calibre of your co-residents if they allow the "village idiot" to be sheriff.
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des
Posts: 119
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Post by des on May 16, 2020 8:39:48 GMT
ablrate can you confirm if you are planning on introducing a trading fee for ablrate lenders buying/selling an ablrate loan when you implement ASMX? Or will we retain free SM trading? And a more general question on ASMX, is the fee charged to just the buyer or is it charged to the seller also in a trade?
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