Bitcoin Forum

Hii, slack invitation didn't work, btw is there any bounty for translation? I would be happy to translate into indonesian

Hi! thanks, we will check it right now.

Yes, bounties for translation too, please contact us at info@ email :)

you are planning to sell 94% dracshares in the exchange which?

Right now we are on negotiations with few, so I can't tell you anything for sure, but as much exchanges as we can. However, we would like to start in a big one, ofc.

how to get Bounties ?

There's no mining as I understand?

@ashmodeus in slack chanel but only 0.1 Drac per user :D

Looks interesting  :o

how can i get a slack invite

I applied for Hindi translation and sent my application here: info@drac.barcelona. Can I know the starting price of DRAC and the bounty reserved for translations?

Here:
SLACK (https://dracplatform.slack.com/shared_invite/MTQ2ODk2MTg4NzQwLTE0ODgxOTE1NjMtN2UwZGQ5YzhhMw)

no mining, no ico, it is an eth based token. There is only 10M, so we will give for free 0.1 XDRAC to the ones joining our slack and 1 XDRAC to translate.

Use share invitation link, you can check your email to see that. I already created slack team and its working

No ICO but will be sent directly to exchanges? What does that mean?

It means that you will receive bounties if you join us at slack, and that you would be able to sell the XDRAC to the exchange that first accept us. If you want to sell, ofc.. you can always hold haha

Damn, my brain is crashing, 100 people with 0,1 free token = 10 tokens, its a 10M tokens in total

cmon haha, free tokens just to join us at slack... XD
however it is the first bountie, we will add more once we have more people. XDRAC won't be cheap...

Indonesian Translation

https://bitcointalk.org/index.php?topic=1806698.msg17996594#msg17996594

Lol thanks, 0,1 out of 10M is not that interesting, not even if its compared to 600k (6%) that you hold
Id better create my own token for fun use. good luck  ;D

No signcamp, social network campaign dev like facebook campaign or twitter campaign

all opinions are welcome! haha however, you should understand that the bounties are all taken from our %... and we need to pay for marketing and salaries... xd

i wouldn't say that certain ideas like mining all of the coins then distributing them is a fantastic idea! obviously this new and innovative cannot be tested and if all else fails as long as you sell even one chip it would be more then your pockets had before starting this so i honestly dont see much of an incentive to jump head first into investing !

only 0.1 drac per one ? tell me you are kindding  ???

there is no mining, 94% of the tokens won't be for us, will be for the exchanges, we are not having any profit from there, just holding our 6% and using it to distribute bounties and to pay salaries ....

Even if the price was $10 (which is extremely unlikely, as it would mean market cap of $100 M which is huge for new coin) then 0.1 is just $1.
What price (or market cap) do you expect?

What are you trying to improve in cryptocurrency space with your new coin? Do you mean that other alts are not safe? How can you reach daily use if even Bitcoin doesn't?

first of all, having instant transactions, and not 30 hours of delay :)
we try to solve this and also volatility, feel free to read our WP and join us at slack to talk to the devs

Joined for slack

How are you going to "solve" volatility...?

I really think you need to clarify this point. What do you mean they are for the exchanges and you will make no profit? Who will receive the btc from selling that 94%?

It's essentially a full premine and such a thing is generally frowned upon unless the coins are premined for airdrop.

That's my opinion at least, and we all know what opinions are like, so I give it for free  :)

it basically works like ICONOMI, it represents the same, shares of a project. The btc for selling it will be for the dracshare holders, distributed as profits as we say in the WP, in dividends.

Dev, please check my pm

0,1 drac=...btc?

improved! 1 XDRAC for joining slack :)
we listen our users opinions

The Ethereum vortex of value fractals does it again, token generation on an Eth contract to lure in the uneducated.

10m coins and you rewarding only 1 coin for joining slack, you are too greedy ppl...

hahaha, well it is not 10M, it is 600k, as the bounties come from our own 6%... however, I understand you, but you have to know that having 1 dracshare give you really good advantages like receiving dividends from the profits and voting... first profits will be when selling the 94% to the exchanges, dracshares holders will receive their %.

HAHAHHAAHHAHA

NO ICO !

We just sell all coins to exchanges so we still get all your money!

Goodluck

No ICO , how about crowdsale ?

it is even better, as we explain in the post... and the whitepaper.... the 94% will be for the exchanges, yes, but the profits from it, will be for the dracshares holders... so if you hold 1 dracshare you will receive 0.00016% of the profits from this agreement, fair enough if you remember that we gave you that 1 XDRAC for free :)

so you will only be sold on the exchange and after that go to bring BTC without redemption, so?

well, as I just said, we will get our %, but dracshares holders too.

at the begining it will be like this:

94% to exchanges
6% team + users

profits from this 94% will be distributed like this:

6% will represent now the 100%= 600.000 (as all the dracshare holders will have tokens from this 6%), so:

If you have 1 dracshare, it will be 0.00016% of the profits from the 94% sold.

no minning, no fun

You had me excited when I saw "algorithm developer" then....eth based token?

Why not ethereum clone then create a token.

haha well, Sergio is our algortihm dev guy, he is a fucking boss on it.

So, we have 2 tokens:
- Dracshares: eth blockhain -> crypto market
- Dracs: our own algo -> "muggle market", made for the people that dont understand cryptocurrencies or are afraid of bitcoin... however, to create it as we wanted, it couldnt be on exchanges, as it will be too volatile. this platform will be ready by the end of the year. We already made a beta test last october.

how many btc 1 xdrac sir :v

If you have the capabilities to create a unique algo for your coin, the attention alone from this forum will be massive. Many dev's here like a new challenge to write optimized code for cpu, gpu, amd, nvidia etc.

Just look at Pasc, Zcash, Lbry, etc

I guess....maybe...1 XDRAC = 10 USD  :-\

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

Questions:
-if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
-what will be the incentive to buy the 94%?
-how are you going to generate the profits?

I believe it behaves just like the shares of any other company. In the beginning there are 600k shares but after all the other 9.4 millions are sold basically everyone's shares will be diluted. It's like a company issuing new shares I believe.

Whats the algo for the second version of drac and what makes it any different from eth based token? From the looks of it, drac hasnt got steam to go anywhere, and the person who tries to push it has been evidently struggling with HIV for two years. Not touching this one until u find a cure for urself and try again.

I'm not sure if I get it correctly:
-you're going to sell 94% of the initial supply on exchanges, and then
-start generating profits out of the collected BTC
-distribute the profits to holders of 600k coins (which will become 100% of total shares)

YES

Questions:
if 600k shares will become 100% of the total share, then what will be the 94% sold to exchanges ?
- This procedure will be only at the begining, once 94% is sold and profits distributed among the first holders, the 600k coins will become again 6% of the total. because new buyers/holders will enter to the market through the exchanges.

what will be the incentive to buy the 94%?
it will give you the same rights as the other 6% had at the begining, future dividends from the profits and voting.

how are you going to generate the profits?
once we get the profits from this 94%, and distribute them, we have a business model that you can read in our whitepaper. (At the end)

we can't answer it yet, as it depends on the negotiations with the exchanges. But our goal ofc, is the best for our holders.

any wallet ?

94% youre selling to use exchanger in early launch
is same 94% youre alocation to ico selling, so how much price youre early launch in selling exchanger

Now its is ethereum wallet, until its not yet in any exchange

With a catch.. !!

Did i missed distribution free coin or not to late becuse 100 people can just claim.

still on time! join us at slack! :)

Great bounties for joining Slack and more, do not miss it  :)

People in slack say you are negotiating with different exchanges and already have agreements, can you confirm?
Also...it seems XDRAC price will be high, aren't you giving small amounts? And can I still get benefits from the coin sell to the exchanges?

We need your support guys to list this coin on yobit

i think the price will be high if coming in exchange

whether there was a market for DRAC coin? I had been looking for but no Wallet Drac
May I ask Link Wallet  ??? ???

Hi! Drac is based on ETH, so eth wallet works for it. You can download eth app or use myetherwallet.com

add custom token

address: 0x5FcDe054a0f06438B1cb23A5480A96236A590e64
symbol = XDRAC
decimals = 6

yes we are, but we can't say which ones yet.

We are giving small amounts because we expect it to be high, ofc. You can still get the profits from selling that we will give to the holders.

i think is a good idea, if you post the instruction to add custom token on the first page, it can be important for new users!

I would like to offer VIetnamese translation for this thread. Hire me ??

PM, not vietnamese translation yet. send previous works too.

It looks pretty cool guys, already got my bounties, holding it and ready to be in exchanges.
What you guys want to do is huge, uniting the crypto world with people who are not familiar with cryptocurrencies, it is quite a challenge

Oh,new ICO alt way what is name of this  ??? A-ico I guss ::) I wonder if your coin beside ETH why you need new alg for this coin  !

Hi!! you cand read our whitepaper to know more about us, it explain very well your question. However, let me explain you that our own algorithm is based in our own platform, that is going to be designed this year from the algorithm already done. Dracshares XDRAC are shares from the project with rights to receive dividends and voting, as ICONOMI (ICN) does.

You are right buddy, I'm waiting for exchanges, we need more supporters to make the community bigger

we are working on it, and community is growing everyday, just keep joining our slack and hold our xdrac bounties :)

Hi,dev.I join to slack.How i can claim bounty?
If you don't sell all tokens on the exchange. What will you do with the remaining tokens?

hey! you have to ask at slack about bounties

as we explain in the ANN... and the whitepaper.... the 94% will be for the exchanges, but the profits from it, will be for the dracshares holders... so if you hold 1 dracshare you will receive 0.00016% of the profits from this agreement, fair enough if you remember that we gave you that 1 XDRAC for free

94% will be sold to the exchanges, and 6% for the team and bounties. profits from the 94% selling, will be for the dracshares holders of this 6%.

what? xddd
Nobody gave me btc or money, we are giving tokens for free.. why people don't understand it? are you really complaining to have free tokens from a project that will give dividends to its holders?... did you even read the whitepaper or joined slack? XD... cmon... no trolls, please ;D ;D ;D ;)

for 999999 thousand time... 94% will be sold to exchanges, 6% for the team + bounties to users... profits from selling 94% will be given to the token holders... so just take as many bounties as you can now XD its easy OMG...


take it easy ... as I saw... you are going from ANN to ANN just trolling projects XD just need to check your lasts posts.. all the same

Profit will be paid in XDRAC or ETH?

joined slack...

tank you XDRAC

profit will be paid in ETH

Recieved my coins for Slack Bounty. Thanks @carla!

We are preparing a new bounty campaign! Drac ambassador, join slack to know more!

If i want profit, i must hold coins in my ETH wallet?

I think so.

i followed twitter and i have pm carla at slack

followed twitter  ;)

So, let me expose if I understood it well:

- you hold 6% of premined coins by the face
- no ICO but you sell the other 94% of the coins in an exchange and the profit are distributed to that 6% (LOL, can you explain what is the difference with an ICO ?)


PD: Como se nota que sois catalanes.

Joined slack for bounty sir
thank you

Litle reward for slack bounty campaign  :-\ :-\

I know you are attacking us only because we are catalans, it is really sad but a very good example of what is happening in Spain right now, hundreds of years of hate against a culture that hopefully will end soon.

For others to understand, he is joking with the main culture of 80% of the team, when saying:
PD: Como se nota que sois catalanes. -> it is obvious you are catalans, referring that we hold a lot of money and dont want to share it.

So, what you didn't do, it is obviously to read our ANN and the whitepaper, if you know to read (i guess so), you will understand what are we explaining with our project.

94% will be sold to the exchanges to make profits to give to the holders of the other 6%, the other 6% it is not only the team, it is all the dracshares holders that are joining us at slack and receiving bounties, nobody paid anything to us, we never asked for it neither, so please stop trolling and never again attack our catalan culture.

If we want to say we hold 6% by the face, you don't understand how this or an eth token works... you may not know iconomi, they have got 10M and the team hold 13% of the total tokens... and it is only an example, i'm sure you know about it but you just want to attack and play with us.


thank you for your attention lady

Hi all, team i strongly suggest you to verify the token contract in etherscan, it is a easy and fast task and will give you more visibility for free.  Good luck with your project

Get bounty from slack campaign.
Thanks.

I completed translation for this thread in Vietnamese:
https://bitcoingarden.org/forum/index.php?topic=12972
https://bitcointalk.org/index.php?topic=1814102

joined at slack. cheers

thanks, join slack and ask @carla for bounties

Are you just against them because they are catalan? Are you a Spanish fascist?

Nice project seems it would be big. Just need some supporters  😀

At what price will be sold out 94% of coins?

need to be negotiated, exchanges or supply and demand will set the opening price. As soon as we know something, we will explain it at slack.

I already get reward for joining to slack.
Is there another reward for Twitter?
Are there any rules for a Twitter campaign?

Hi! yes we have also twitter bounties, 2xdrac for follow and 0.5 for each retweet and like :) you have to send us your twitter username at slack


(ANN)
SLACK IT IS CLOSED NOW FOR NEW USERS, ONLY 18 USERS MORE MISSING TO COMPLETE THE BOUNTIE PROMOTION.

To join slack, send me (PM) your email and I will send personal invitations.


Thank you :)

Ok. We be a waiting

http://dracplatform.herokuapp.com/

so for join team it must send PM ?

No, you can use this: http://dracplatform.herokuapp.com/

lol this is funny.  i can't understand this one even i picked and dropped thousands of alt coins in this forum.


is this some kinda of new scams?

Did you get the target to join in your slack, because the link isn't active yet?

Joined for slack

I made that add token thing at my etherwallet and saved it but the next time I opened it, the new token I added wasn't there anymore... So am not sure if tokens have been sent my way or not. Will still watch though..

did you open the same wallet? did you save all the information? private key , etc? maybe you did access to another wallet... :S make sure that the eth adress that you sent is the same of the new wallet with no dracshares tokens

Intereting idea, looking to see you guys actually make this a big success

new open link SLACK (http://dracplatform.herokuapp.com)

:)

IMPORTANT CHANGE:

We had some issues with the token code, trying to verify it and also the contract, so we had to start it again, and we created a new token in the same way but close to nexium code. So we are going to send the tokens again to all of you, and for the inconvenience, we will send the same amount we sent to you but x10. so if you received 5 xdrac now you will receive 50xdrac of the new token. so forget all the old dracshares, we will provide the new token contract to create custom wallets in the same way we did with the old one.



Drac is based on ETH, so eth wallet works for it. You can download eth app or use myetherwallet.com

Steps:
1) Add custom token
2) address: 0x44FB2663d37e36e4a2B4b865D9ec832e5Da6A016
symbol = XDRAC
decimals = 6


for more information please visit our SLACK (links at the ANN)

That's good news  :) Still curious about how that will work re: how xdrac will remain in the list of tokens at myetherwallet... I opened myetherwallet last time and noticed that the token I saved wasn't there anymore. What I did was redo the steps on add custom token. And after that, the xdrac shares I received began to display. It's a bit frustrating when I need to add custom token all over again just to see how much xdrac I have. Will it be different with this new update? Kind regards

I my wallet same

Hi, the best way to have them may be ethereum app, you won't need to add the token everytime. It may be also because the token was not verified yet.

Airdrop? Someone wants it? Show some love.

I will send you some love freemind :)

 Been watching the project.  Hope you get all the kinks worked out.

Thanks sweety. What quantity do you think would be right for the airdrop?

What percentage of the initial supply were you looking to use for airdrop?

400k of 10 million.

So, total will be free distributed to 400,000 coins?

No, it's just an idea ;)

if that is the case, i would say 400 x 1000.   If you span the Airdrop over too many people you will likely received dozens of requests from the same people who are trying to hoard the supply.

 Once you get the numbers down I would try and find a way to audit who you are supplying them to to avoid people scamming the system.

Do not go too far :D

Example:

94% you sold for 100BTC
100 BTC we divide into 600 000 XDRAC
1 XDRAC=0.00016%=0.00016 btc
Holder 1 xdrac will receive 0.00016 BTC. I correctly understanding?

correct :)

big deal I think

I have not received my tokens to address 0x438f1cf2E6642EED5CB2db1f63E12BEDE4C15B0a. when they will be sent?

hi! , have you contacted carla or xavi at slack? try it, they will help you for sure. We are creating a list with all of you to send the tokens, we already have sent some. You can check the blockchain to verify it.

No i haven't, but if you are creating a list i'll just wait. Any updates yet about the exchanges and such?

well we are creating a list but you have to contact there to be on the list haha, they will add your information there :)

Joined for slack

Will do that. Haven't checked back in a while. Hope this will be a significant coin/token  :)

we are already 100 members at slack!! :) veteran bountie will be send

Are you planning airdrop?

We are proud to announce a new partnership between the Renos and Drac development teams.

Renos will be offering 1,000,000 DRAC via thier telegram crowdfunding tool with the following agreed terms:

- For every 4 RNS sent, 1 DRAC will be given.

- Any RNS raised by the crowdfund will enter escrow in which the DRAC team can request withdrawals for development. Withdrawal requests have to be publically announced 24 hours prior to the withdrawal either by DRAC team or Escrow.  This is to inform the community of development actions and prevent potential misuse as the escrow reserves the right to  postphone the withdrawal if there is a strong community backlash against it.

- Renos team will receive 250,000 DRAC to enter the same escrow rules as above. In return they will provide support setting up an ICO for the remaining supply at a later date, Promotion, Announcement page & website.

- If the ICO for the remaining supply occurs in the month (30 days) after the starting date of the Renos crowdfunding campaign, the price must be above the 1:4 swap ratio to ensure that the renos coins sell out first.

- Both teams are encouraged to arrange development expenses in either the Renos or Drac recieved rather than liquidating for bitcoin or other currencies on the market although it is ackonowledged that sometimes this wont be possible. It will be specified in the withdrawal request wether the expense will remain in Renos or Drac or be sold on the market.

Official launch date and instructions on how to take part will follow shortly.

DRAC Bitcointalk page: https://bitcointalk.org/index.php?topic=1806593.0
Renos Bitcointalk page: https://bitcointalk.org/index.php?topic=1809933.0

Nice update @ivaxmm, thanks :)

Good info

I think this is bad news
why do Swap with Renoscoin ? The first time you promise coin prices have more than 10k
and is now selling the count like that  :o :o :o
example

4RNS = 1XDRAC ===> 4RNS x 50satoshi = 200satoshi so price 1XDRAC= 200satoshi lol  :D :D

Not exactly because there are 30M RNS in circulation and if I'm getting this right, it would only be possible to send 4M to get Drac. Other RNS coins/users would be left out.

Hey, this is not how it works... xd you can say only that minimum xdrac price will be 200 satoshis or 400 satoshis, as renos price changes from 50 to 100 satshis everyday... but trust me, xdrac price won't be less than 1k satoshis. However, after receiving free xdrac, i think it is not fair to complain about the price xd... you didn't pay anything for them

RNS has been fluctuating between 50 and 250 Satoshi so 1XDRAC would be between 200 and 1000 Satoshi at the current market prices. This is a long term thing, don't think about value as of now. For example if RNS would go up to 1000 Satoshi, the Drac team could get a lot of funding this way overtime.

perfect explanation :)

can't say a value yet, but at least there is a base to start

Perhaps value will increase when more uses for the token are introduced. Break a leg XDRAC Team!

working on it!! ;)

But the people that get their XDRAC through the RNS swap, won't be part of this? Because 1 million XDRAC being swapped, it can't be part of these 6% / 600k coins, but is part of the 94% / 9.4m coins?

buy renos at bargain prices right now and replace it with drac I think is very appropriate action. ;) ;)

I bought  #DRAC with 83k  #RNS  150 sat per RNS so 1 DRAC 600 sat  :)

Of course not. Don't believe all you read.

So the people who swap RNS for DRAC will also be getting dividends for the rest that is sold on exchanges?

I'm beginning to think Renoscoin and Drac is one giant convoluted con.

Where's the value? The use case?

price drac remained at 1000 satoshi, you're just lucky to buy renos at a bargain price and exchange it with drac, you've made a profit of 40%.

Is XDRAC in ICO phase at this time? when ICO ended!

I wonder too, Where's the value, The use case? what this will affect XDRAC and RNS future!!

ofc, they will, as every person to hold at least 1xdrac will receive dividends, however, things may change in a future asking for a higher  minimum of xdrac to receive dividends, but it is only an idea right now.

yes, people to hold xdrac will be part of this and receive didividends. A future ico will be done with 7,4M xdrac, right now renos team is offering an other 10% of total xdrac. so a total of 84% will be offered to users. Join our slack and ask for the xdrac analytics  pdf where is all explained :)

I'm sure it will be useful:


https://i.imgur.com/XbUZw9v.jpg    

https://i.imgur.com/2BiH3sy.jpg

https://i.imgur.com/T2jyhW7.jpg



Xavi Molina - CMO
Linkedin (https://www.linkedin.com/in/xavimolinamercade/)
Twitter (https://twitter.com/xavimm) 

Eduard Pina - CEO
Linkedin (https://www.linkedin.com/in/eduard-pina-3294748b/)
   
Sergio Calzón - Algorithm developer
Linkedin (https://www.linkedin.com/in/sergio-calz%C3%B3n-0b1478106/)   

Sergio Andrés - CTO
Linkedin (https://www.linkedin.com/in/sergio-andres-ruiz-078b37aa/) 

Carla Martín - PR
Linkedin  (https://www.linkedin.com/in/carla-mart%C3%ADn-193176139/)
   

What is the relationship between rns and xdrac? Now how to get xdra?

both teams made a colaboration deal.

Now you can get xdrac buying renos and exchanging them for xdrac at the renos crowdfunding here: https://bitcointalk.org/index.php?topic=1809933.msg18303034#msg18303034

Seems the project need telegram group

I have EtherWallet at MyEtherWallet do I need to follow this steps too? what is XDRAC ICO end date itself not RNS crowdfunding campaign!

hi! yes, this is always you want to add a new token :)

ICO has no date yet but will be done before september, first we want to finish renos crowdfunding

Thank you, I will considering that in mind. September it is long time in my opinion!

meanwhile you can read our business plan if you join our telegram chat :) https://t.me/joinchat/AAAAAAu6xnyoOUlwr7T7Iw

Update! some of you guys are worried about our efforts developing the project, well, I made some screenshots to share how things are going :)

we are working on it!


https://i.imgur.com/b4X02sa.jpg

https://i.imgur.com/zXekqVg.jpg

https://i.imgur.com/WQg2Vs8.jpg

https://i.imgur.com/uevd44e.jpg

https://i.imgur.com/lEtIG3F.jpg



we work also on possible merchandising

https://i.imgur.com/mCsJHjA.jpg


I would like you to remember, that we are doing a crowdfunding of renos (until 23th april) to be changed for xdrac, goal is 4M renos, already received +1M renos :)

More info here: https://bitcointalk.org/index.php?topic=1806593.msg18303117#msg18303117 (https://bitcointalk.org/index.php?topic=1806593.msg18303117#msg18303117)


TELEGRAM CHAT: https://t.me/joinchat/AAAAAAu6xnyoOUlwr7T7Iw

Looks great. Would you guys put real pictures of the team when the ico announcement happens? I think that would help alot to get more funding.

I have some RENOS and am thinking of doing a small swap for some of these so I can own both. I might pic up more cheap RENOS also so put in a buy order there. How will we earn dividends? What will be the main source of income?

Graat update about Drac coin, want ask is there any other bounty ,or only on slack?

no bounties now, but we will have new ones!

The project seem great but anyone know where can I buy it ?

Any new bounty for this coin?Facebook?Twitter ? Maybe?

The project is still in processing of development. I keep following it :D

Renos is way superior than anything else, and it would be a weird move to dump such a beautiful asset in favor of a questionable token. Well randomness of choices that everyone does in their everyday life is what keeps the globe rolling and life more exciting. You guys make random moves proving that humanity is chaotic and insignificant.

hahahah nice quote

ANN thread is posted for a long time but when we can expect that the ICO running ?
I read over Whitepaper and can see the project that serious.