It's interesting to see new initiatives, especially one which is in direct competition against SBI.
I have 2 questions. First, u guys accept SP delegation in return for shares. Do my shares immediately get revoked after I undelegate?
Next, SBI has the concept of different pools. Since you set your initial soft cap of members to 30. Do you guys plan to have pools of 30 members each in the future? If not then how will your membership mechanism work if you intend to grow beyond 30 members. Thanks!
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Thanks for checking us out! Let me help andwe your questions as best as u can.
Firstly, unfortunately your shares will get revoked righ after you undelegate as we now don’t have the sp in our account.
Secondly, we plan as of now to only have 1 pool (this account), until we have surpassed 100 members. Remember that the softcap is only for this month, and each month after we plan to add 5 more openings for others to join. We want to make this a lot less painful than the wait that sbi has, hence the reason for a limit on members. Lastly, we aren’t looking to scale insanely high right off the bat, but plan to take it slowly to ensure that incinboost is a success.
Hope that helped!
Thanks! A couple more questions, so if I choose to delegate SP instead, I supposed I won't be able to sponsor someone? Finally, where do I check how many members are there at any point in time?
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When it comes to delegating, you are not able to sponsor anybody so it’s more of a “bonus” that’s added to normal shares. For members, we plan to have a public spreadsheet for people to look at soon, but we will also be posting daily about all he bots details (including members, total shares, sp and etc).
Ok thanks for the info!
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Ya np! Hope you join for a lifetime of boosting 😃