On.live Review – Onlive, Login, Register, ICO, Price, How it Works, Reddit
The registrant’s name is given as Andrew Christie from Great Britain. Her contact is given as ‘7 The Courtyard, Buntsford Drive Bromsgrove, West Midlands, Bromsgrove, West Midlands, B60 3DJ, GB’
However, the IP Location of On.live is Washington – Seattle, United States. On.Live was registered on the 3rd day of January, 2018.
According to On.live, “The OnLive Platform revolutionises both the video broadcast and remote consultations markets. It offers unlimited scalability and availability utilising Blockchain Technology and a completely decentralised Peer-to-Peer network. Anyone can contribute to the system if they have the processing power and bandwidth. Smart incentivisation of these contributions guarantees decentralisation and creates a new economy driven by ONL tokens.” Click Link below to access On.Live’s website.
ONL token is the only payment option on the platform. According On.Live, “It is an integral element of the OnLive Platform. It is used as a fee currency of transmission and transcoding services to incentivise decentralised computing required for the video broadcasts. Furthermore, it is the only payment option on our platform.”
ONL is built as an ERC20 token on the Ethereum blockchain
- Token Type: Utility token
- Maximum supply: 111,000,000 ONL
- Tokens available in Pre-ICO: 12,210,000 ONL
- Tokens available in ICO: 61,050,000 ONL
- Pre-ICO Hard Cap: 14,000 ETH
- ICO Hard Cap: 100,000 ETH
All unsold Tokens will be burnt.
You want to participate in On.Live ..?? Click link below to access.
These are some of the Frequently asked questions about On.Live below:
How many ONL tokens are distributed through the token crowdsale?
Maximum supply: 111,000,000 ONL
Tokens available in Pre-ICO: 12,210,000 ONL
Tokens available in ICO: 61,050,000 ONL
What is the Token sale duration?
Pre-ICO:2018-01-22 – 2018-02-22
ICO:2018-03-11 – 2018-04-11
What happens if scheduled tokens are not all distributed until the end of sale?
All unsold Tokens will be burnt.
What is expected value of ONL tokens after the token sale?
The ONL value cannot be recommended in advance as any other cryptocurrencies, the value of token is determined by the market valuation.
Who can participate in the token crowdsale?
Anyone can join to crowdsale, but it is important to determine if it is possible in a given jurisdiction to participate in tokensale. Please check regulatory restrictions in your country or state and read the terms.
What is token sale and why is it needed?
A token sale is an event in which companies making use of blockchain technology attract participation and support for their platforms by selling cryptocurrency tokens to early adopters and enthusiasts in exchange for money today. Usually these tokens, after their issuance, can be used on the project platform as internal currency for payment of services. The project, in turn, receives the financing necessary for startup costs and development of the platform.
How may I take part in ICO or Pre-ICO?
In order to participate in the ONL Token sale, you can (subject to eligibility restrictions) purchase the desired amount of ONL through our website, making payment during the sale process.
What methods of payment are available for ONL purchases?
Participants in the process will need to transfer ETH to the specified address. We recommend carefully checking the address with the transfer address field before transferring the ETH.
- In Ethereum
- Bank wire
- Debit/Credit Card
What is the minimum participation amount?
Minimum participation amount is 0.1 ETH.
When will I receive my tokens?
Tokens will be distributed immediately from the Crowdsale Smart Contract within the Ethereum transaction of your contribution. You should see them in your wallet after a few confirmations of the Ethereum network.
How can I get Ethereum?
Purchasing Ethereum can be done easily at any of the Ethereum exchanges such as Coinbase, Kraken etc. Once Ether has been purchased (for fiat: USD, EUR, GBP or crypto: BTC), the funds should be transferred to your own secure wallet.
Can I buy ONL Tokens using wallet created on cryptocurrency exchange?
Absolutely not. All ICO purchases should be made with use of your private and secure Ethereum wallet. Purchased tokens will be sent back at your initially used address so it is important to make transaction from your own wallet.
How high should be gas limit for transaction?
To make smooth & fast transaction without rejection, set GAS LIMIT to 200,000 and GAS PRICE to 50 GWEI or more. You can check recommended GAS PRICE athttps://ethgasstation.info/.
What will happen if I joined with a smaller amount than declared in minimum participation amount ?
All amounts below the minimum participation amount will be sent back.
How Many ONL Tokens will I receive?
Over 610.5 ONL tokens are distributed per 1 ETH without bonuses. The number is much higher for early participants with bonuses up to 30%.
What will happen if I send the Ethereum to the wrong address?
If ETH will be sent to wrong address you will not be able to return it. Please double check the address of your transactions before taking part in tokensale. The On.Live company will not be responsible for token loss.
ETH was sent to the correct address, but I can not see the tokens. Why?
You need to wait for confirmation of the transaction. Usually transactions are confirmed after 20 seconds, but in some cases it may take longer. If you want to check transaction status, use its hash to find it athttps://etherscan.io/.
Is there AML/KYC process?
Do you offer any bonuses during Pre-ICO and ICO?
Users registered in the Pre-ICO phase:
- 30% Bonus on any purchase amount Users registered in the ICO phase
- 1-11 days 20%
- 11-22 days 11%
What is the purpose of the ONL Token?
ONL token is designed to incentivise decentralized computing required for scaling of the platform. Consumers will pay fees to transcoders and relays with ONL tokens. It is also used as the only means of payment within the platform for content providers.
When can I exchange an ONL tokens on cryptocurrencies exchanges?
All ONL tokens will start to be transferable on 11 May 2018. After that date availability of ONL on the market depends on how fast exchanges add ONL to their markets. We will do our best to make ONL tokens available on as many exchanges as possible.
How can I check my ONL tokens balance?
ONL Tokens balance can be viewed in any Ethereum Wallet you use, such asmyetherwallet.com.Check out how to set up your wallet and all you need to make transactions – [link].
What is On.Live?
The OnLive Platform revolutionises both the video broadcast and remote consultations markets. It offers unlimited scalability and availability utilising Blockchain Technology and a completely decentralised Peer-to-Peer network. Anyone can contribute to the system if they have the processing power and bandwidth. Smart incentivisation of these contributions guarantees decentralisation and creates a new economy driven by ONL tokens.
Where can I find out more about the On.Live ?
Detailed description of the platform is available in the whitepaperhttps://on.live/documents/OnLive_Whitepaper.pdf.All details regarding On.Live will be delivered by email and social networks channels:
What is the status of the platform?
We currently have a working prototype of the platform using our hardware for transcoding and relaying. In the coming months we will concentrate on integrating ONL tokens into the platform and then develop a completely decentralised and autonomous model that will create an open market for processing power required for scaling up the platform, making it uncensorable and unstoppable.
You can see the progress on GitHub/
Contact us via [email protected] for questions and answers.