Appics SMT - Two More Weeks To The First Steem-based ICO

in appics •  5 months ago

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The first and biggest project of the Smart Media Token community is Appics. The mostly German team announced the Instagram-like mobile app shortly after the official SMT announcement by Steemit.inc. It has a much more mass-market approach than any other Steem-based app so far and teases with a gorgous design and great flexibility for mobile content creators. The long-awaited ICO is now very close and in this article I will present the ICO details.

What Is Appics?


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Appics is a next-generation mobile app for iOS and Android. It will be very similar to Steemit but focused on Photos and Videos. There will also be Live-Streaming for selected users. The app will use Appics (XAP) instead of Steem. The posting, voting and payout system works just like on Steem with the little twist that 65% are author rewards, 10% are Appics fees and 25% are curation rewards. The team is incredibly active on Telegram, Twitter and Facebook and travels from one investor round to the next. So far they have won several presentation awards and created great interest in the token.

Four Public ICO Rounds


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The Pre-ICO was sold out in just 26 minutes. The public ICO begins on March 28th and has four rounds. Each round lasts for one week (or until the hardcap is reached). The more money you want to invest the more personal details you must reveal about yourself. All tokens will be issued as ERC20 Ethereum tokens as the SMT protocol from Steemit is not yet released. As soon as that happens the ERC20 tokens will be swapped into XAP. That means you will also need an Ethereum wallet to hold your Appics until then.

RoundStartsPriceHardcapMin. Investment
AMarch 28th$0.130425,000,000 XAP$5,000 USD
BApril 4th$0.136330,000,000 XAP$2,500 USD
CApril 11th$0.142830,000,000 XAPNo limitation
DApril 18th$0.150022,500,000 XAPNo limitation


Accepted currencies for the ICO are:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Steem
  • Steem Dollars

The Appics Bounty System


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If you want to earn extra XAP tokens you can already do that with the awesome Appics bounty system. There are tons of features that allow you to promote Appics on all kinds of social media and earn stakes for the bounty share release. The easiest way to earn them is by connecting your Facebook and Twitter account and like, comment and retweet the official Appics posts. The system will automatically recognize your activity (with a delay of up to a few days). You can also connect apply for special bounties via Steemit, Telegram, Reddit, Instagram and MANY MORE.

Further, you will get a referral code to the bounty system that will give you 5% of all XAP investments done via you on the ICO (if they have at least 1000 XAP). These tokens are additonal and not taken away from the investors. That is a pretty good number and might be substantial if you are lucky enough to refer a future XAP whale to the ICO. My referral link looks like this and I am grateful if you use it unless you have already your own account:
https://ico.appics.com/login?referral=rG7yVZc3

Airdrop Tokens to Steemians


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There will be an airdrop to selected community members on Steemit who are doing great services for the Steem-community. These will be community accounts like @steemcleaners, @minnowbooster and other community leaders.

Also, individuals who have already established an audience on Steemit and are successfully becoming a Steem-influencer. I have got this information directly from the CEO @sirwinchester and I am sure there will be more info about this when we are coming closer to the XAP issuing. If you have questions to the team come and join the Telegram group: https://t.me/appics_official


Personally, I feel like Appics will be a great reset for content creators of the photo/video niche and allow to be an early adopter. Besides the monetary benefits of starting early within the ecosystem, this app will be focused on mobile sharing like traveling, events, sports and stuff like that. I will use this app to be less in front of Steemit and more outside creating and connecting with people bringing change to this world. I honestly think that I might become more active on Appics than I ever was on Steemit. But we will see about that when the app is finally being release in Q3 2018 with the Alpha Launch.

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I understand this competitor steem?

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They just banned me from their Telegram group when asking deeper questions. Wrote a post about it on Steemit. They currently don't seem to like if someone ask questions. They ignore real feedback by not replying. They even did it to another guy who wrote the best feedback in the group his name is aRios I think they may have banned him as well. Luckily I did a screenshot of most topics. They are not experienced so be aware.

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I hate it when they do that. It happened to me with other ICOs too. Thanks for letting us know how unreliable they are. And their feature can be implemented on steemit.com too. It just depends on steemit inc if they want to do airdrop or not. With blockchain its so easy to create money out of thin air. If they sell the idea right. And hows your reward system working? Airdrop also means higher inflation rate? It's not a good coin to hold.

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Thanks for the response and upvote! Yes that is really a unique thing with Blockchain how it’s very easy to create money out of thin air these days. Which is making money less powerful in a way. It’s more abundant than ever before.

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No, this is an app that is based on Steemits Smart Media Tokens. They will be bought via Steem and will most likely increase the value of Steem.

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It is a competitor to Steem. That you can buy it via Steem doesn't change that's it's its own crypto-currency.

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Personally, I will use both systems and I think many will. What about the Steem from the ICO that will be locked into the internal exchange for stability? Will that not be beneficial for the Steem price?

Do you think that SMT's should rather be done via the community accounts in Steem?

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where is the 5% to Steem going?

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Probably to community accounts and to very big Steemians but they haven't been specific about this.

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Steem from the ICO that will be locked into the internal exchange for stability?

Where are the technical detail on that?

Do you think that SMT's should rather be done via the community accounts in Steem?

Not sure what you mean by that. Community accounts?

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I think that should be in the SMT whitepaper. As far as I understand it that allows for a more stable exchange of the SMT into Steem. I will read the whitepaper again in the few days. It has been a few months since my first read.

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Community accounts are the hivemind feature coming with the hard fork 20 "velocity" update to the Steem blockchain. That will allow people to transform an account to a community account that will gather people for niche topics around it. I am not sure exactly how that will play out but the account would basically become some kind of decentralized account. If the community is able to find Steem Power delegations than that would probably serve as a nice alternative to SMT's.

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This is not a competitor to Steem since if you look in the Telegram post they don't even respond to quality feedback.

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I think Appics might be a place where more people will appreciate visual content rather than text. Right now, just posting images or videos on Steemit without a narrative is somewhat unpopular, so I believe having an own social media for this is a great initiative.

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Well, you have apps for this on the STEEM blockchain such as Steepshot.io and dmania.lol

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I know, but I'm still hesitant about using them, since everything I post there will end up on my Steemit wall. Similarly, I would not use Instagram if everything I posted there ended up on my Facebook wall.

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I feal the same way,thats why i dont do memes.

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I couldn't manage to be active there but I had to create a separate account for posting memes.

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True. I just posted about this same thing.

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Steemit really needs an overhaul.

Even just in organisation of layout would make it 10 x better, integrating a proper private message function, bookmarks, etc

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maybe a long term solution past the 7th day is in order.. a new steem token where active users can make a side bar for google/facebook style advertising.. all with customization of course.

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I read they're redoing the User Interface

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you are right about this one, and i do say yea,

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It won't it's an inexperienced team that doesn't respond to feedback and think they can silent ban people that ask questions.

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Btc what that
Make money

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No. SMT based apps won't be competitors to Steem. They will enhance Steem and spread it worldwide.

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Well technically what's to stop someone creating something that blows Steemit out the water but with their own SMT token? Actually from where I'm looking that wouldn't even be that difficult, the hardest part of creating Steemit it was probably the blockchain and the rules not so much this front end which still looks very much like a beta with many placeholders

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100% agree with this.. there are soo many missed opportunities on steem. i.e. long term pay out for blogs past the 7 day.. i understand why there is a expiration at 7 days for the 50/50.. but what about side bar of advertising customization etc. based on Views and click through.. like facebook/google. with a separate token. it may be able to curtail the wholesale selling of upvotes.. give people who want to get exposure for there articles from people that are reading older articles. @i-am-mark has some good ideas.. i have been pressing him into articulating these.

I was excited about march 28th only to see now that min investment is 5k USD? Are they mad?

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I also had hoped that there would be no limit.

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For what it's worth, it seems like Round C and D will have no minimum limit for investing. Round A is minimum 5k usd and round B is minimum 2.5k usd. I don't see this as a bad thing. Waiting might be wise, as the product will be more ready for production, making for a safer investment.

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Am I missing something? Have you seen something different than the article above? My article has no k on that minimum. It's five dollars, not five k in the article I read. Ok, I see that there are three zeros after the period. And five dollars seems silly. But I expect a comma not a period. Confusing.

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Yeah, the article is wrong. In the Appics Telegram chat the minimums for round A, B, C and D are written as "$5000", "$2500", "No limitation" and "No limitation" respectively.

Awesome post, @flauwy - thanks for sharing!

The countdown is on until our ICO on march 28 ... we can't wait! 🙌

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Instead of not being able to wait, have you considered postponing until SMT are ready or that you have a functional product?

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This is interesting. Been thinking if I should invest my SBDs for this ICO that still don't have a product and the SMT not yet ready. Plus, Zappl and Steepshots are here already.

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Can anyone join? or is it just for some people?

Thanks for the update. Super excited to see this one develop. I believe this could as some were saying, set the tone for how SMTs will effect the STEEM market. I like the fact the SMT buys STEEM off the market to stabilize the price against. This should mean positive things for the price of STEEM. Best of luck to the team! Thanks for the post!

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Hey Brett, thanks for the comment. Let's see where SMT's are heading us.

Steem's first ICO, pretty interesting

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Steem or Ethereum?
Steemereum lol.

It’s a really great news.

i'm looking forward to when this is released.. I have accumilated a few tokens already through f/b steem and twitter

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You mean via the Bounty System? Yeah that's a pretty cool way get them.

You got a 6.49% upvote from @postpromoter courtesy of @flauwy!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

SMT is coming! Holding Steem!

Can't wait for this! And I agree completely man, it'll be a huge reset for photographers and video creators...But it opens it up so much with the mobile applications...

Can't wait to see what people create with it! And for the future of SMT's too :) . Big month ahead!

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Sadly we have to wait until Q3 2018 for the alpha version of the app. So a bit more patience before we can start using it.

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I wonder where Steepshots will be in 6 months.

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That's a very good point. Steepshot is a pretty similar concept. At the moment the app doesn't work for me but the web version is awesome. Appics will be a bit more versatile with Video as well. And they will have very stable servers for that as they will use centralized Amazon servers for starters and only switch to IPFS when the network becomes more reliable.

Appics looks good on first look. With funding they can reach many users and if they can develop a comparable Instagram alternative with balanced reward system they should succeed.

I also believe their success or failure will encourage or discourage respectively many other developers to use SMT in their platforms.

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Yes, that is true. All eyes are on them now as MANY other projects will try to learn from their success or failure.

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We'll have to wait for them to integrate their 'Appics' on steem's smt. No one will get discourage if at the first place there's no intervention of smt on these so called steem based apps.

Hi @flauwy, where can I buy XAP token ??
I am very interested in Appics, because it gives an opportunity to amateur photographers like me.

Seems like an interesting App. But I don't like the fact that some of the functions like live-streaming is only available for some users. this is just the same as instagram. Just because you don't have a lot of followers it doesn't mean that you don't have anything to say or that your content sucks.
I don't like this kind of castration!

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I agree, this is a weird one. We will see how it plays out.

Waiting for it! Let's see what will be its future :)

Amazing @appics And thanks for the refresher @flauwy well done , this is going to a great app with great incentive to use it just like steemit.

be well

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Yeah, I also hope this will be Appic ;)

Will the minimum investment limit removed from april 11? Can i enter ico with 100$ after 11 april?

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Yes, I think that will be possible. :)

This post has received a 17.09 % upvote from @booster thanks to: @flauwy.

I can't wait to see what effect this will have on the price of Steem. This may be a good demonstration of what SMTs will do to Steem in the future.

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Well, if I understand it right than there will be part of the funds generated by the ICO locked in Steem to stabilize the exchange between Steem and XAP. That will mean that this Steem will not be availble on the market anymore which should be beneficial for the Steem price. Also, all ICO money must be paid in Steem (which currently is not possible hence the Ethereum token). that should also drive up demand for Steem as there will be some people investing millions into Appics and other SMT's.

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Thank you. This is exciting!

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wao ,,, this is great for steemit's great platform, and of course for the steem coin, I look great with my steem coins, this is what this great project has to have, revolutionize, as they are doing with the first platform that pays its users for publishing and commenting, this is great, thanks for giving us new and very good news ,,,,

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Also, all ICO money must be paid in Steem (which currently is not possible hence the Ethereum token).

If it's not possible currently and they're using Ethereum what do you mean all ICO must be paid in Steem?

Interesting. I`m signing up with your link, now. Thanks for sharing the information.

good information allow me to tell all my stemies friends!

Can't wait for it and it will be easy to buy with steem :D

Finally we will see a smt rolling out in real this will be great thanks for providing the information

This could get huge! Thanks for updating on what's happening!
Have a wonderful day @flauwy!

Help me please voting my picture

This will be huge!!! <3

Wow!
I perceive this is going to be huge. Thanks for this wonderful information. Fingers crossed for the ICO.

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According to the marketing they did already I think the ICO will sell out super quickly and I also think the price will not plummet right after the tokens are issues. But we will see about that.

it will be really hard to get hands onto the appics coin i don't think i will get it

i believe this is a piece of shit another token will compitite the price of steem and grap steem investment into new coin so bad sign for steem value may be.

is that true I am amazed.appreciate it brother love to read your blog

Nice! I appreciate your Thinking to share your Knowledge with us about it.
@noor.money

Terimakasih atas informasinya sangat bermamfaat salam dari saya di Aceh @flauwy

Now i am more excited for this one than avengers hahaha :D

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Wow, that's a big thing to say! I haven't watched Plack Panther yet but I am super bullish for both movies.

I,m very excited about APPICS!

great post. thanks for sharing

so you can only invest if you invest at leat 5000 USD?

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That goes only for round A. From round C all amounts go.

I'm really looking forward to this!! I'll be looking to invest either in round C or D....can't spare funds as high as $ 2,500 at the moment lol!!

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Same for me! I will see what I get together until then. All coming via Steem earnings.

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Yeah I'm relying on steem earnings too haha!! :D Maybe a price pump just before the ICO could help us xD

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Oh PLEASE!

It looks good if we have to go off of the pictures. I think this is a step in the right direction!


thats awesome!

Congratulations @flauwy!
Your post was mentioned in the Steemit Hit Parade in the following category:

  • Pending payout - Ranked 10 with $ 295,94

Hola me parece una gran iniciativa, estoy muy intetesada en este proyecto. Realmente hace poco tiempi que conozco y cohabito en steemit y ha sido extraordinario. Lo que leido hoy me ha abierto varias preguntas. Si no tengo muchos steem puedo igual invertir en Appics?. Es necesario tenes un telefono smartphone?. Para finalizar te agradezco la inf6ormacion, ha sido de mucho interes.

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No neccessitas Steem por comprar Appics. Neccessitas un telephono para la ICO perro sé si neccessitas un numero para crear una quenta.

Nice post, nice to meet you @flauwy

This is pretty interesting introduction. Let me poise myself for the air drop and if I got some extra cash.

Excelente post, muy bueno que se pueda trabajar de manera directa con teléfono, pues se hara mas fácil el trabajo con steemit. Gracias por compartir este articulo tan bueno.

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Si, es más fácil y comfortable. Perro es solo para photos y videos.

This is interesting. What is their plan for release if SMT is delayed?

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Waiting till SMT is released. The ICO happens with Ethereum so that is not an issue.

New to steemit and just learning the system. I'm excited to see and learn about all that's happening in the steemit system.
I,like a lot of people, am unhappy with Facebook and growing more unhappy with you tube all the time. But Instagram, not so much. It is my experience that a lot of users are satisfied, not overjoyed, but satisfied with Instagram. It is going to be harder to get these people to move. You can not overcome human nature to stay with what you know by offering something " just as good" or " a little bit better ". It needs to be demonstrably superior.
I want this to succeed. I want the steemit ecosystem to succeed. But I personally think this project will be a slow growth area of the steemit system. I hope I'm wrong.

I like your post. I might become more active on Appics than I ever was on Steemit. But we will see about that when the app is finally being release in Q3 2018 with the Alpha Launch.

To make the value of steem rise, tokens like these should be bought thru steem alone. Nothing more nothing less.

I'm gonna invest all my SBD on ICO, I beleive in this project :)

@flauwy
The minimal investment for the ICO.

Is that a decimal place or a comma?
Aprils minimum investment is $2,500 or $2.5?

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The minimum is $2500.

Sorry for my ignorance, but could someone explain to me how they have already created a token using SMT when it seems that SMT isn't actually ready yet? I'm asking because I also work for a company that is very interested in using SMT to develop our own token with, and we have been wondering how long it will be before it's ready and whether it's worth waiting for...

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As stated in the article:

All tokens will be issued as ERC20 Ethereum tokens as the SMT protocol from Steemit is not yet released.

The SMT protocol is not yet released and may still take a very long time before completion. There is no time frame announced yet.

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It won't, it's an inexperienced team that doesn't respond to feedback and think they can silent ban people that ask questions.

Your post had been curated by the @buildawhale & @upmyvote team and mentioned here:

https://steemit.com/curation/@buildawhale/buildawhale-curation-digest-03-17-18

Keep up the good work and original content, everyone appreciates it!

good job good luck