Bitcoin Forum

Bitcoin => Project Development => Topic started by: p4ntos on May 30, 2017, 11:04:49 AM



Title: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on May 30, 2017, 11:04:49 AM


This is the Manx Project

manx.fund (http://manx.fund)


Come on man we have enough of this stuff , why did you come up with this ?

I had this idea of a collapse proof  - always high on demand - can work on both small scale and large scale  asset. So I created this mainly self regulating system , with only one purpose , which is to save money on it.

How?

This may sound extraordinary and maybe crazy to some , when you buy any amount of Manx Fund , you have to buy %2 of your amount on top of your stake making it %102 every week , or you get a penalty. Also if you sell , you have to sell all your Fund at once or you again get a penalty. Also when you keep buying weekly your rank goes up , with respect to your rank and the amount of Manx Fund you are holding you also get what other people payed as penalty.

Are you sure it will work?

Okay , by now you are confused or maybe concinved this will not work based on that brief description. Basically with the info you are given you think , "what about if this happens or that happens" - I have got them all covered in the whitepaper , please read it.

Do not get all complicated and tell me what this Manx Fund thing is with one sentence.

Manx Fund is what you can invest your money in and connect your credit cart or any other cryptocurrencies to buy a %2 every week to save money and getting back a lot more than what a bank can offer you.

How will we create this as a community ?

Well, only if you like the whitepaper , the first stage is to find experinced induviduals to guide on us to where to get started. But again the most important thing here is that if you support me.

What are the bounties ?

The project will start with %40 of the coins. I only claim %5 of these coins and the rest will be distributed along the way. For now there are only two bounties.

Contact Bounty

%2 will be awarded to the contact bounty divided into 2000 stakes. If you get someone currently working in this industry to email me about the project you will get 1-10 stakes based on who he/she is. Your bounty record will be kept with your email information. So it is just a method of me reaching out to the industry.

admin@manx.fund

Feedback Bounty
 
1% will be divided into 5000 stakes. Just read the whitepaper and give a feedback. 5000 stakes will be rewarded based on the number of feedbacks. Bounty records are kept with the BTT user names.


How to get involved

We will hopefully create a better enivornment to create this as a community , but for now if you want to get involved just send me an email and tell me what you can do for the project.

A community leader is also needed.

Whitepaper

Whitepaper is updated to v0.2:

Sections 2d2a and 2d2b (Seperation rule , and Block rule) were removed , fixed with an addition to Manx Duty.

The deveploer share is reduced to %40 from %51.

http://docdro.id/V69xIFy












Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on May 31, 2017, 05:40:42 PM
The project will start with %51 of the coins. I only claim %5 of these coins and the rest will be distributed along the way

I am not sure how many people would consider giving any time or effort to this coin. Surely pre-mining is the most unattractive feature of all investment possibilities.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on May 31, 2017, 05:55:01 PM
The project will start with %51 of the coins. I only claim %5 of these coins and the rest will be distributed along the way

I am not sure how many people would consider giving any time or effort to this coin. Surely pre-mining is the most unattractive feature of all investment possibilities.

It will not be anything like others tho , because the %51 will be held by several hundread people before they were even sold , and they will acquire it by supporting the cause. Anyone is allowed to get in on this point.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on May 31, 2017, 06:10:33 PM
It will not be anything like others tho , because the %51 will be held by several hundread people before they were even sold , and they will acquire it by supporting the cause. Anyone is allowed to get in on this point.

I think the issue of 51% of coins being pre-mined means people will be put off. Knowing the owner of the coin and some others will have more than half of all coins before launch means this is going back to the days of several years ago when pre-mined coins were popping up left, right and centre.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on May 31, 2017, 06:15:11 PM
It will not be anything like others tho , because the %51 will be held by several hundread people before they were even sold , and they will acquire it by supporting the cause. Anyone is allowed to get in on this point.

I think the issue of 51% of coins being pre-mined means people will be put off. Knowing the owner of the coin and some others will have more than half of all coins before launch means this is going back to the days of several years ago when pre-mined coins were popping up left, right and centre.

Since we are at the very beginning and this is a project that is meant to be community backed. Developer share is dropped to %40. Whitepaper will be changed accordingly too.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: soul-impact on June 01, 2017, 11:53:42 AM
I have been through their project, and I am enjoying it, I feel it is very potential, I am very impressed with the OP idea and his presentation. So, I'm involved in this project as a manager. And we are all waiting for the talented developers for this project. Anyone interested in this project, please join us here  (https://www.manx.fund) or discuss (https://manxproject.slack.com) with us.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 12:16:10 PM
I have been through their project, and I am enjoying it, I feel it is very potential, I am very impressed with the OP idea and his presentation. So, I'm involved in this project as a manager. And we are all waiting for the talented developers for this project. Anyone interested in this project, please join us here  (https://bnktothefuture.com) or discuss (https://manxproject.slack.com) with us.

I clicked the link to bnktothefuture but did not see your project there. As you are project manager I wish you success.

Please give your views on why people should invest in any pre-mined project and why they should invest in this one over so many others that have been announced. Thank you.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: soul-impact on June 01, 2017, 12:47:21 PM
I have been through their project, and I am enjoying it, I feel it is very potential, I am very impressed with the OP idea and his presentation. So, I'm involved in this project as a manager. And we are all waiting for the talented developers for this project. Anyone interested in this project, please join us here  (https://bnktothefuture.com) or discuss (https://manxproject.slack.com) with us.

I clicked the link to bnktothefuture but did not see your project there. As you are project manager I wish you success.

Please give your views on why people should invest in any pre-mined project and why they should invest in this one over so many others that have been announced. Thank you.

Sorry, it's my mistake, you can click it again. Now, This project has just started, we do not have much about it. We are looking for talented people to develop our project. If you are interested in this project, and you have the ability to contribute to it. Join us.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 02:30:43 PM
Sorry, it's my mistake, you can click it again. Now, This project has just started, we do not have much about it. We are looking for talented people to develop our project. If you are interested in this project, and you have the ability to contribute to it. Join us.

Thank you for the offer but I will not be investing. From what information has been released I see nothing that makes me believe this will succeed in such a saturated market. I wish you success.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 01, 2017, 03:51:04 PM
Sorry, it's my mistake, you can click it again. Now, This project has just started, we do not have much about it. We are looking for talented people to develop our project. If you are interested in this project, and you have the ability to contribute to it. Join us.

Thank you for the offer but I will not be investing. From what information has been released I see nothing that makes me believe this will succeed in such a saturated market. I wish you success.

Everything we offer is in the whitepaper. It is all about the mechanism , I suggest you read it.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: zapphirecoins on June 01, 2017, 05:24:27 PM
Everyone likes to get bounty, but back to the developer, is the coin acceptable to the community after ICO? Can compete with others?


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 01, 2017, 05:27:00 PM
Everyone likes to get bounty, but back to the developer, is the coin acceptable to the community after ICO? Can compete with others?

It definitely will be available to the community. Just like any other coin.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 05:29:16 PM
Everyone likes to get bounty, but back to the developer, is the coin acceptable to the community after ICO? Can compete with others?

I already asked this question to the Project Manager (p4ntos) but did not receive a response: Please give your views on why people should invest in any pre-mined project and why they should invest in this one over so many others that have been announced


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 01, 2017, 05:45:22 PM
Everyone likes to get bounty, but back to the developer, is the coin acceptable to the community after ICO? Can compete with others?

I already asked this question to the Project Manager (p4ntos) but did not receive a response: Please give your views on why people should invest in any pre-mined project and why they should invest in this one over so many others that have been announced


I answered your question previously but I think you did not see it ,  the idea of Manx is really different than any other pre-mined (or not) coin. Every Manx Fund holder has to keep investing %2 of what they have on top of their funds to
1) not get a penalty
2) create new tokens with Proof of Loyalty
3) collect community prize
4) get theirs ranks and Manx size greater.

You just have to read the Whitepaper to know what all these mean. Manx is a mechanism that will work , however it is hard to explain briefly.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 07:42:14 PM
I answered your question previously but I think you did not see it ,  the idea of Manx is really different than any other pre-mined (or not) coin. Every Manx Fund holder has to keep investing %2 of what they have on top of their funds to
1) not get a penalty
2) create new tokens with Proof of Loyalty
3) collect community prize
4) get theirs ranks and Manx size greater.

You just have to read the Whitepaper to know what all these mean. Manx is a mechanism that will work , however it is hard to explain briefly.

You directed me to the white paper instead of answering me but having said that, thank you. I checked it and it does seem in theory 'niche'. The fact coin holders will have to top up with 2% of their balance otherwise they will be penalised is scandalous in my opinion.

The way I see it, the penalty system will keep potential investors like me away both pre-IPO and post-IPO.

I also think it will force investors who were gullible enough to obtain them to get rid of them as soon as they realise the penalty system involved. That is my opinion but it does not mean I do not wish you success. I wish you prove me wrong and your coin is a success.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 01, 2017, 07:55:21 PM
I answered your question previously but I think you did not see it ,  the idea of Manx is really different than any other pre-mined (or not) coin. Every Manx Fund holder has to keep investing %2 of what they have on top of their funds to
1) not get a penalty
2) create new tokens with Proof of Loyalty
3) collect community prize
4) get theirs ranks and Manx size greater.

You just have to read the Whitepaper to know what all these mean. Manx is a mechanism that will work , however it is hard to explain briefly.

You directed me to the white paper instead of answering me but having said that, thank you. I checked it and it does seem in theory 'niche'. The fact coin holders will have to top up with 2% of their balance otherwise they will be penalised is scandalous in my opinion.

The way I see it, the penalty system will keep potential investors like me away both pre-IPO and post-IPO.

I also think it will force investors who were gullible enough to obtain them to get rid of them as soon as they realise the penalty system involved. That is my opinion but it does not mean I do not wish you success. I wish you prove me wrong and your coin is a success.

"as soon as they realise the penatly system is involved" sorry but I do no think you get the project. The penalty is not something that is a little detail , it is the main concept. No one will first go in and then find out about it , everyone that is going to go in will be aware of it.

You also say that it will keep investors like you away (I guess you say this because you like making money with short time or long time trading) and it is the reason it exists. The investors who want to get in and wait without buying more should not buy Manx. You for example should not buy it , because while you might benefit from the currency you are not holding it for its functionality and therefore hurting the ecosystem. Investors like you speculate and make other people lose money in most of the cases. This is why Manx is here in the first place.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 08:22:56 PM
"as soon as they realise the penatly system is involved" sorry but I do no think you get the project. The penalty is not something that is a little detail , it is the main concept. No one will first go in and then find out about it , everyone that is going to go in will be aware of it.

You also say that it will keep investors like you away (I guess you say this because you like making money with short time or long time trading) and it is the reason it exists. The investors who want to get in and wait without buying more should not buy Manx. You for example should not buy it , because while you might benefit from the currency you are not holding it for its functionality and therefore hurting the ecosystem. Investors like you speculate and make other people lose money in most of the cases. This is why Manx is here in the first place.

I bought thousands of XRP over 3 and half years ago and have no intention of selling them because the framework involved (and thankfully later Google invested) means there is something there worth keeping focus on and investing in.

If I were forced to increase my XRP or BTC or any other balances by 2% per every set period regardless of how they performed otherwise I would be penalised, is not a good model at all regardless of what else is or is not on offer.

I bought many coins years ago that failed,they are worthless now so if I was forced to buy in order to avoid penalties would actually be a disastrous model for the coin. Granted you think your coin will do great and shke up the crypto universe but let us say if it fails, ho will buy when they get dumped?

In my opinion your set up is fundamentally flawed and will fail sooner rather than later. In your opinion your set up is a great idea. Time will tell.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 01, 2017, 09:05:12 PM
"as soon as they realise the penatly system is involved" sorry but I do no think you get the project. The penalty is not something that is a little detail , it is the main concept. No one will first go in and then find out about it , everyone that is going to go in will be aware of it.

You also say that it will keep investors like you away (I guess you say this because you like making money with short time or long time trading) and it is the reason it exists. The investors who want to get in and wait without buying more should not buy Manx. You for example should not buy it , because while you might benefit from the currency you are not holding it for its functionality and therefore hurting the ecosystem. Investors like you speculate and make other people lose money in most of the cases. This is why Manx is here in the first place.

I bought thousands of XRP over 3 and half years ago and have no intention of selling them because the framework involved (and thankfully later Google invested) means there is something there worth keeping focus on and investing in.

If I were forced to increase my XRP or BTC or any other balances by 2% per every set period regardless of how they performed otherwise I would be penalised, is not a good model at all regardless of what else is or is not on offer.

I bought many coins years ago that failed,they are worthless now so if I was forced to buy in order to avoid penalties would actually be a disastrous model for the coin. Granted you think your coin will do great and shke up the crypto universe but let us say if it fails, ho will buy when they get dumped?

In my opinion your set up is fundamentally flawed and will fail sooner rather than later. In your opinion your set up is a great idea. Time will tell.

It is clear that you did not read the Whitepaper. It clearly states that the Manx is not trying to shake the crypto universe or trying to be the new "bitcoin" or "network". And this is stated at the very beginning of the whitepaper. It is also explained that paying %2 or getting penalized can be disastrous on it's own but it is regulated by the Manx Principle.

Sorry but I cannot consider your argument valid in this case because the argument you are defending has nothing to do with what Manx is.

The only way the Manx collapses is if there is no demand for it , if there is no demand for it that means people are not paying the %2. If they are not paying the %2 , the minority who pays the %2 will get bonus coins that are collected as penalty so Manx fund will be valuable again simply because if you pay %2 weekly you gain way more than that. And if people will start to pay their %2 weekly than the community price will decrease accordingly and the system will regulate itself. The whole process is explained in the whitepaper with equations.

So please read the whitepaper before you make claims about our goals next time.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 01, 2017, 11:28:16 PM
I read it and concluded it is a bad idea ground up. I never made claims about your or Manx Funds goals, on the contrary I wished you and still wish you success in your venture.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 17, 2017, 06:50:54 PM
Is this project dead? No updates have been posted here for a long time


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: entelechy on June 18, 2017, 07:36:32 AM
Personal Opinion:  Not a great structure


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 18, 2017, 09:40:32 AM
It is not dead , we are recruiting a team and figuring out how we can work this out. Developers can contact us on admin@manx.fund.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 18, 2017, 10:53:06 AM
Personal Opinion:  Not a great structure

I agree with you but the team seem to think they are on to a winner. When regular updates are given for any project seeking investment it is not a good sign.

I still wish them success in their project.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: anitayui on June 18, 2017, 01:40:48 PM
new project hopefully will success in the future..


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JasonXG on June 25, 2017, 03:05:24 AM
Here is my feedback:

I think Manx project is a really good idea and I like how it forces you to think about when to sell and not just dump since you have to sell everything at once. This also balances out a strategy for either selling more often and smaller amounts or holding on with bigger amounts. This will work well for small and big investors. Having to add 2& every week is a great way to increase coon value by keeping inflation down.

I'm very excited to see how this project turns out and wish you the best for it.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 25, 2017, 10:03:56 AM
Here is my feedback:

I think Manx project is a really good idea and I like how it forces you to think about when to sell and not just dump since you have to sell everything at once. This also balances out a strategy for either selling more often and smaller amounts or holding on with bigger amounts. This will work well for small and big investors. Having to add 2& every week is a great way to increase coon value by keeping inflation down.

I'm very excited to see how this project turns out and wish you the best for it.

Hardly any updates are given here by the dev team.

There does not seem to be too much enthusiasm from the dev team or anyone else about the project.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: p4ntos on June 26, 2017, 04:22:42 PM
The project is not dead , we are trying to figure out the process.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: Thule on June 29, 2017, 10:10:34 PM
Total nonsense.A currency which is going to harm the owner if he is not able to increase it by 2% each week.
You are aware what the role of a currency is ?


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 29, 2017, 11:02:47 PM
Total nonsense.A currency which is going to harm the owner if he is not able to increase it by 2% each week.
You are aware what the role of a currency is ?

I have the same opinion as you but the project manager thinks it is a revolutionary idea. I cannot see how this project will be successful. The project manager last posted stating they are working out the process but no explanation was given about what that means. The white paper basically had everything laid out in it but since investors are not lining up to invest maybe that has affected the project.

Unfortunately it seems when most ICOs are advertised they want people to buy in to their idea but when it comes to development some fizzle out. Not sure what is going on here.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on June 30, 2017, 10:39:49 AM
The project is not dead , we are trying to figure out the process.

Any news?


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JasonXG on July 06, 2017, 12:37:19 AM
Here is my feedback:

I think Manx project is a really good idea and I like how it forces you to think about when to sell and not just dump since you have to sell everything at once. This also balances out a strategy for either selling more often and smaller amounts or holding on with bigger amounts. This will work well for small and big investors. Having to add 2& every week is a great way to increase coon value by keeping inflation down.

I'm very excited to see how this project turns out and wish you the best for it.

Hardly any updates are given here by the dev team.

There does not seem to be too much enthusiasm from the dev team or anyone else about the project.

Yes it seems to be a thing these days with Devs disappearing before paying or even right away. Makes you winder why they bother in the first place. Oh well. I guess I just wrote my review for nothing.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 06, 2017, 09:01:34 PM
Yes it seems to be a thing these days with Devs disappearing before paying or even right away. Makes you winder why they bother in the first place. Oh well. I guess I just wrote my review for nothing.

Exactly. How can enthusiasm be built and maintained when the developers do not provide updates? Looks like this one is another dead coin before it even started.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 07, 2017, 04:12:26 PM
For those that have given up on the Manx, pop over to the FUDSTER VISA card project:

Watch out for more information and details in the coming days... MAY THE FUD BE WITH YOU !!

https://preview.ibb.co/gfMhSv/fd1_Copy.png


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 28, 2017, 05:46:27 PM
Fair to say that Manx is dead before it even started?


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: tuaddio on July 28, 2017, 06:16:43 PM
is this on,

negatives is the penalty system, it need to be refined or replaced completely, it may puts off a lot of potential investors.

what is the fundamental core value of this fund? saving?returns? can saving and penalty go together?


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 28, 2017, 08:18:33 PM
is this on,

negatives is the penalty system, it need to be refined or replaced completely, it may puts off a lot of potential investors.

what is the fundamental core value of this fund? saving?returns? can saving and penalty go together?

The project manager did not sign in for over 2 weeks... seems dead with nobody caring or showing any interest


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: bluefirecorp on July 30, 2017, 08:10:29 PM
Hi p4ntos. It’s almost two months you joined the forum, don't you think sixty days is enough to read the rules of the forum first before starting to post ? You must be aware this new currency you are promoting is an altcoin and has nothing to do with bitcoins. There is an altcoin section in the forum for stuffs like this, and you should have posted it there.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 30, 2017, 08:52:50 PM
Hi p4ntos. It’s almost two months you joined the forum, don't you think sixty days is enough to read the rules of the forum first before starting to post ? You must be aware this new currency you are promoting is an altcoin and has nothing to do with bitcoins. There is an altcoin section in the forum for stuffs like this, and you should have posted it there.

The Manx project is dead. the "team" have nothing to offer, not even some simple updates...


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: naughty1 on July 31, 2017, 05:59:08 AM
Hi p4ntos. It’s almost two months you joined the forum, don't you think sixty days is enough to read the rules of the forum first before starting to post ? You must be aware this new currency you are promoting is an altcoin and has nothing to do with bitcoins. There is an altcoin section in the forum for stuffs like this, and you should have posted it there.

This project is dead, he has not had any activity for a long time, so do not bother about it. We will not see any answers from him.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: JollyGood on July 31, 2017, 11:58:36 AM
Yes there will be nothing more added to this.


Title: Re: [ANN][BOUNTY] New Cryptocurrency Manx Fund
Post by: atun jong on July 31, 2017, 01:15:47 PM
Of course we will wait for what will happen.