Bitcoin Forum

Hello, I will be moderating this announcement thread. Feel free to ask any questions.
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EDIT: This thread is no longer being updated as the team does not have control of the creator's account. We have created
a new announcement thread that will constantly receive updates and is controlled by our team. Click To View New ANN (https://bitcointalk.org/index.php?topic=5155625)

"scan national banknotes" - what?! :D I'd love to know more about the mining process! Sounds crazy for sure.
The leaderless organization perspective is great, not sure how it would apply to version control, which in itself can be quite leaderless and decentralized(read git).
Nice announcement.
I wish you the best of luck!

Hi sir,
If you need a translator into Indonesian, you can contact me
this is my portfolio

WHITEPAPER
https://drive.google.com/open?id=1zmT0PomXtAXwqtcr4Zjs7eORcJKV52xX
https://drive.google.com/file/d/1qSvCfMNSL7rzL0WMaGtLkzDhlbXkz3LZ/view

ANN
https://bitcointalk.org/index.php?topic=2554038.
https://bitcointalk.org/index.php?topic=2550211.
https://bitcointalk.org/index.php?topic=2540214.
https://forumbitcoin.co.id/threads/ann-pra-ico-bounty-pow-shekel-ekosistem-desentralisasi-baru.43184/
https://forumbitcoin.co.id/threads/ico-airdrop-windcoin-desentralisasi-wind-1-6-airdrop-4-november-masih-ada-5-fase-airdrop.38445/

BLOG MEDIA TRANSLATE
https://medium.com/@imagine3113/network-units-multiplayer-decentralized-public-presale-a4980ac3cd45
https://medium.com/@imagine3113/inovasi-baru-dalam-berbelanja-online-dengan-platform-wysker-60d3c09efe27
https://medium.com/@imagine3113/origami-network-blockchain-powered-global-solution-to-build-decentralized-online-108ffeeeee9
https://medium.com/@imagine3113/shekel-skl-apa-yang-harus-anda-ketahui-2b39b0c9d5ae
https://steemit.com/ico/@imagine3113/network-units-multiplayer-decentralized-public-presale
https://cryptoicoinfo.blogspot.co.id/2017/12/shekel-skl-apa-yang-harus-anda-ketahui.html?view=flipcard

Yes, it is definitely crazy. We think it is one the interesting ways to efficiently distribute new coins fairly. Anyone who has access to cash can "exchange" them for new coins. The way it works involves an individual taking a photo of a supported banknote using a compatible mobile application and then they send it to the network for processing. It gets validated through a two-phase validation scheme -- First phase will have network nodes analyse and try to determine whether or not the banknote is obviously invalid (it won't accept photos of cats  ;D). The second phase is crowd-powered;  People manually verify banknotes that have gone through the first phase successfully. They send their validation decision for a banknote and add a stake which will be forfeited if they fail to validate "correctly". Correctness is determined by whatever the majority of validators say about a banknote. Users who failed to validate correctly lose their stake and the winning majority shares losers' stakes. This article (https://medium.com/ellcrys/introduction-to-stackmint-24057f867cd7) talks about it more.



Yes, git is quite decentralized. But the issue is with remote git repositories. Most of us depend on Github to manage our repositories and to provide tools to help us interact with it. We could easily bundle our git updates/objects and transfer them by email/USB without Github but that is not very user friendly. What we are interested in is decentralizing the hosting of git repositories and providing tools for people to build leaderless organizations around them. A leaderless organization for example can be a decentralized Uber alternative where communities democratically decide what goes in the repositories, where and how the service is deployed/hosted and accessed. If the organization generates revenue, the contributors will collectively decide how to allocate or spend it. We are working on a blog post that will have more information.


Thank you  :)


 

Hello, We do. Bounty thread will be announced this week. Please look out for it.

very good and very potential, when will bounty start? I really want to participate in it  :)

the project is very good and interesting, the total supply for bounty is also very much, a very promising project, I am very interested to join boutny, let's see the rules.
good luck with this project, btw

Thank you. Please see the bounty thread (https://bitcointalk.org/index.php?topic=2607964.0) for the rules.

What's the minimum funding required to start the project?

There is currently no official set minimum. The project is already started.

I can see that your using the sharding technology which I believe is what we need right now in order to support a lot of transactions. This 2018, I've read that ethereum will also improve their system centering this so called sharding.

Quite an interesting idea and a professional project team.
I think the project deserves detailed study and attention.

Oh damn. It will start on January. As any others out there, i am keeping this one for keeps sake and for future evaluations. I dont know but i think their are some things missing but im not sure what it is.

Yes. We have to implement sharding technology to be able to handle the kind of throughput expected for our platform. We are currently working to making this happen. I think this is something existing and future blockchain projects will implement in the near future.

I am not quite sure about what you are getting at but the Pre-Sale starts on February 1st, not January. Feel free to let us know what you think is "missing".

I don't know how a leaderless organization works but since it is decentralized then it will be safe for investors to put their money on this project. I will be following this project and plan on buying some coins too.

A leaderless organization (a.k.a Source-Level DAO) on Ellcrys is an entity that develops software and may offer a service to end-users based on the software.

Software developed by these organizations include but not limited to mobile apps, websites, APIs, smart contracts, packages etc. Leaderless organizations have no central owner, they are governed democratically by people who contribute to it.

As a developer, you can join a leaderless organization by contributing your skills to it like millions already do on projects hosted on Github. You earn revenue if the organization generates revenue. You also take part in decision making process. As part of the platform's goal to encourage continous open source contribution, contributors will be rewarded with tokens each time pull requests are accepted.


Thanks for the support.

We could not find information about private sales. Is there a white list where I can register now?

Yes, registration is required to participate in the private sale.
Please create an account here (http://my.ellcrys.co/p/signup).
Learn more about the token sale rounds: https://token.ellcrys.co

Thanks.

So the pre-sale is starting on February...you have reserved some good time for this project to run having seen your roadmap so I really hope everything goes to plan.. good luck

I curious regarding on the name of this coin, where did you get the name Ellcry and what's the meaning behind the coin?

So if I'm not mistake this project will be a long term project, for how many months? 

Indeed, this information is on the site. I lost sight of it. Is there a limit on the number of participants in private sales?

We are working really hard to ensure things go as planned. Thanks for the support.

Actually, the name was gotten from a fantasy TV show named, well, Ellcrys (http://shannara.wikia.com/wiki/Ellcrys). To us, the name signifies life, strength and safety.

This project is definitely long term like many other blockchain projects. Once operational, it will outlast its creators. We have a whole continent (Africa) waiting for us to build the platform that will not only be the centre for open, decentralized collaboration in the world, but one that lays a foundation to fix the problems ravaging the continents industries and governments. Exciting!

There is no limit. The private sale (a.k.a Round 1) has the cheapest prices with about -85% discount and 10% bonus. With minimum contribution set at 0.2 ETH or 0.007 BTC. The major difference is that tokens are locked for 6 months and it is not really ceremoniously advertised like the pre-sale. It is worth noting that this is the best time to get some.

These are really favorable conditions. But how do you implement the ban on the output of tokens? Will this be built into a smart contract?

Yes, token vesting/lock will be built into a smart contract on the Ethereum blockchain and administered by trustees.

This is a great idea, I like this approach to business. I will study your White Paper in detail

Thank you :)

This is another great project that I have found it for sure. This project using Blockchain for building Open Source, Leaderless Software products and Organizations. This project is making development, building, designing, and tester to another level. Iam looking forward to get updates and news regardeing this project. Thanks

Thanks for the support. Please joining the following social accounts for the latest updates:

Telegram (https://t.me/EllcrysHQ)
Twitter (https://twitter.com/EllcrysHQ)
Facebook (https://fb.me/EllcrysHQ)

first time I heard of stackmint
could you elaborate this in layman's term?

Well I have viewed your website...the project looks promising and the idea of the dev team is exciting too....if everything goes with the plan it’s surely gonna be a success in the future

StackMint basically allows anyone on the planet exchange a valid banknote for new coins. You simply take a photo of a banknote supported
by the protocol and send it to a validator. There are two kinds of validators; On-chain validators (nodes) and off-chain/human validators. On-chain validators are equipped with machine learning capabilities to analyse support banknotes while the off-chain validators manually check banknotes that successfully passed the initial on-chain validation. Please read this medium post (https://medium.com/ellcrys/introduction-to-stackmint-24057f867cd7) for more information.

We are working towards making Ellcrys a success. The team is excited and committed. Thanks for the support  :)

Do you have lists of banknotes that are acceptable in your system? Or any Bank that you have affiliation with?

Only a subset of global banknotes will be supported once StackMint is added to the protocol. Subsequent updates will add support for new banknotes not covered in previous updates. At launch, we will support national banknotes of the top 10-25 economies of the world. Support will not be determined by affiliation with banks or any other party.  

Oh nice. So basing from this. If the banknote from my country is not supported by your services, how can i make any possible adjustment to at least use this stakmint protocol?

If banknotes from your country are not supported, you can still participate in stackmint as an off-chain validator. Additionally, If you own any of the supported banknotes, you can use them. You do not necessarily have to participate with the banknotes of your country.

The project in developing software like this I see at a glance is very interesting and very useful. the token price is also very good for investing and as a bounty hunter in this project. I plan to follow him hopefully this project can be a great success.

We appreciate your support  :)

The announcement lists only the names and surnames of people.
But I would like to look at them at least in the profiles of social networks. Where can I see this information? Because without this the project does not look reliable until the end.

These are the links to the founders social accounts:
Kennedy Idialu - https://twitter.com/ncodes, https://web.facebook.com/idialu
Odion Olumhense - https://twitter.com/odymisty, https://web.facebook.com/odion.olumhense

The website team section contains linkedIn links of all team members.

Sir, how many tokens are sold now?

Hello, the pre-sale has not commenced yet. When it starts on Feb 1st, you will be able to monitor progress on the homepage and dashboard.

Learn more about Ellcrys token supply and distribution plans here (https://medium.com/ellcrys/token-distribution-simplified-6fecf9da7b04)

this will be an interesting ICO ;D

The project seems impressive and powerful. Bounty campaign is also good. I will follow the news of this project

Thanks for your support   :)

Update: We just crossed 6,000 fans on Facebook! Our community is growing rapidly.

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https://storage.googleapis.com/ellcrys-docs/ann2/6k_likes.png

This project has a great potential! Personally, I am very interested! I will follow this project and to plan the purchase of coins!

We appreciate your support :)

Your project was listed on Foxico.io! https://foxico.io/project/ellcrys

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The project ELLCRYS is very good and interesting, the total supply for bounty is also very much, a very promising project.I can see that your using the sharding technology which I believe is what we need right now in order to support a lot of transactions.

Yes! We got a pretty interesting rating:

https://storage.googleapis.com/ellcrys-docs/foxico_t.png (https://foxico.io/project/ellcrys)

We got featured on CryptoBible (http://cryptobible.io/discover-first-source-level-dao-platform-ellcrys/)

I think this is one of the most promising projects, this project also has a very good product. good luck guys

Hi :) A nice project!

I'm not quite sure what Stackmint is? What do you mean with takes a photo of a banknote? ^^

I've got a few questions: You mentioned "nodes" on your site? Are they working like MASTERNODES and you'll get rewards for them? If yes... are there any plans how many Ellcrys are needed for that?

I'm already registered. Do I receive the extra 5% private sale bonus, if I send money now or do I have to wait till pre-ICO starts?

The bonuses for pre sale and official sale seems to be the same. Is this correct?

What happens if I contribute now e.g. 1 ETH @1200$ = 12000 ELL and price of ETH starts to rise again e.g. to 1500$. Are there any compansations planed in this case?


Thanks in advance!

Thanks for your support :)

> I'm not quite sure what Stackmint is? What do you mean with takes a photo of a banknote? ^^

StackMint is a new coin generation scheme for Ellcrys. It will allow people from anywhere in the world "exchange" their national banknotes for new coin using their mobile devices. We believe this is a fair method of distributing new coins to people who have no access to specialised hardware for mining. Please read this post (https://medium.com/ellcrys/introduction-to-stackmint-24057f867cd7) for more information.

> I'm already registered. Do I receive the extra 5% private sale bonus, if I send money now or do I have to wait till pre-ICO starts?

You will receive the extra 5% sign up bonus for all your contributions during all token sale events. You also receive an additional 5%
bonus if you participate in the private sale.  

> The bonuses for pre sale and official sale seems to be the same. Is this correct?

Yes. This bonuses are the same.

> What happens if I contribute now e.g. 1 ETH @1200$ = 12000 ELL and price of ETH starts to rise again e.g. to 1500$. Are there any compansations planed in this case?

ELL allocations are calculated based on the price of ETH at the time the contribution was detected. No further updates/compensation is made based on ETH price change.

Hi, thanks for your answer... but I'm still clueless or just dumb ^^
So what happens exactly, if I scan a bank note and more important... why should I scan it? What is the actual purpose of it?

So I scan a bank note and get ELL in return. The nodes verify the note. But now I still have the bank note in my pocket and ELL as well.

Please enlighten me :)



Why should people participate in later Pre-ICO stages if they could get the same bonus in main sale?

> So what happens exactly, if I scan a bank note and more important... why should I scan it? What is the actual purpose of it?

You would typically scan it with a mobile device that has a wallet app that supports the StackMint protocol. Please read this article (https://medium.com/ellcrys/introduction-to-stackmint-24057f867cd7) for more detailed description of how it would work. I have also explained in previous posts.

As stated in my last post, the purpose is to allow fair distribution of the platform's token supply to everyone and not just to those who can afford mining machines. To create a new coin, miners and general public work together. Miners provide the compute resources to process banknotes provided by the general public and split the reward. This is will allow people in developed and under-developed parts of the world participate. It is also possible to use this process to generate some randomness which will come in handy for certain components of the platform; Details of this will be released in future technical publications.

> So I scan a bank note and get ELL in return. The nodes verify the note. But now I still have the bank note in my pocket and ELL as well.

The purpose is not to destroy your fiat wealth, so you will still have your bank note in your pocket and can buy whatever you want. However you
have exchanged something with the Ellcrys platform -- The uniqueness of that banknote is the cost. It is like you have "sold the soul" of that banknote to the
network. You will only be able to scan a banknote just once.

> Why should people participate in later Pre-ICO stages if they could get the same bonus in main sale?

Good question. The price is much cheaper in later Pre-ICO stages. We get this particular question a lot and are reviewing the bonuses based on feedback. If we come to a conclusion that will affect the bonuses, we will make an announcement.

This is a project that has a mission of creating an ecosystem where open source collaboration builds great software products and updates. collaborators can build a profitable open source company, collaborators who contribute natively to native open source software and contribute models to enable open source contributors to generate sustainable revenue, open source ecosystems are highly profitable for contributor, thereby enhancing the quality of contributions and products software created, the right project for the programmer, good luck ICOnya

Thanks for your support :)

The development of this project is very rapid and very good work done very regularly and neatly. this is because of its solid project team. his project is also arguably not an easy job to do but his team is working very well for the development of the project. very salut dah with his team and certainly this project will continue to grow.

This is not yet too late. We can still catch up on the opportunities given by Ellcrys. Please try to download and read the white papers. Very clear solution being provided by this ICO.

I came across this facebook video about ELL and learned a lot. To those who are still looking for a brief summary of ELL, please watch this video in the link - https://www.facebook.com/EllcrysHQ/videos/328375867637208/

Yes that is correct, and to add up to your statement ELL has a very good validation process with regards to their bank notes. The 5 steps indicated on their whitepaper explains how the team have designed a stream lined process.

the team on this project are very good at giving an interesting idea, surely will be many who supported this project to go forward, let alone the purpose of this project is very interesting. may the project run smoothly and achieve the desired results.

Russian ANN Thread: https://bitcointalk.org/index.php?topic=2636185.0
Russian WP Thread: https://drive.google.com/file/d/1dO_CoNDcUAL3l00Dpq7OPHQ-BVp7H47b/view?usp=sharing

hype.codes (https://buff.ly/2rLtZTr) just rated Ellcrys as the top upcoming ICO of the week  :)

Дopoгoй aдмин пpи peгиcтpaции нe ввeлa peфepaльный кoд: ZME7PP2 , тaм пиcaлo нe oбьязaтeльнo, этo нe cтpaшнo или нyжнo иcпpaвить? И eщe oдин вoпpocик oтчeты нyжнo cкидaть?

wow just opened sales already earned 40 BTC and 7 Eth, I'm sure this project will be successful, I will also buy ELL token. good job Dev

is there an ELLCRYS Token purchase option via PayPal?

hype.codes rate 92. Wow Ellcrys you made it guys. Keep up the good works ;) It's nice to be part of this campaign.

Good luck dev's! Add your bounty campaign on portal http://bounty.cool and our Telegram https://t.me/bountyCool. Check please information and PM me if it need to correct.

Username Bitcointalk: Ta.Form
Link to your Blog/Video: http://cryptonewsworld.blogspot.co.id/2018/02/ellcrys-blokchain-for-building-open.html and https://medium.com/@gittaformosa/ellcrys-the-blokchain-for-building-open-source-software-products-and-decentralized-organizations-19d9573f6009
Eth Address : 0xaFA49103b15834D6bCF6ac5a2664b0c85e379b4E

#Proof of ownership:
-richard.diez.rd@gmail.com
-@RichardDiez
-facebook.com/richarddiez
-twitter.com/Richard042388

#Proof of ownership:
-AMIRKHAN74131@GMAIL.COM
-@TruthOFlife786
-https://www.facebook.com/profile.php?id=100024000150296
-https://mobile.twitter.com/AMIRKHA18026747

to  ellcrys,

what is really the ico price of your token?
why is that bounty said that 1 ELL: $0.35? while upon checking icobench it says 1 ELL = 0.1 USD.
can you enlighten us with this matter?

ps:  what is the total supply?

How broad or narrowly defined are the use cases for this blockchain?

when are we getting our signature and avatar campaign reward?

Is there anyone alive here?
Or is this dead like others
Why no Dev here to answer my questions
Bounty campaign is over since a couple of days now, why no payment yet?

where can I find the ELLCRYS contract address  ???
I did not find it, how much total ELL token supply after this sale is over, can anybody tell me
Thanks

go to the telegram, you can find your answer there. Be patience always.

Seems it is dead thread, because there are only 5 pages here since december - it is too low result. But want to wish good luck.

really dead indeed, I mean it's been months, I participated in the signature campaign and up till now, no payment, I've already forgotten about this, it's looks clearly like a dead project