Title: [Dotsforbits]IPO->Closed, money will returned. Post by: Bitventurer on May 23, 2014, 07:54:54 PM The fund-raising is over.
Unfortunately the project did not got funded, all money will be returned to the people dooring the next week, so please put up sell orders at 15 NXT/share to get the money back , I will start buying them back after will receive the shares from the altcoin investors. Title: Re: Crowdfunding for DotsforBits.com - The first cryptocurrency domain marketplace. Post by: Bitventurer on May 23, 2014, 07:55:25 PM The fund-raising is over.
Unfortunately the project did not got funded, all money will be returned to the people dooring the next week, so please put up sell orders at 15 NXT/share to get the money back , I will start buying them back after will receive the shares from the altcoin investors. Title: Re: Crowdfunding for DotsforBits.com - The first cryptocurrency domain marketplace. Post by: Uniqueorn on May 23, 2014, 08:03:18 PM reserved
Title: Re: Crowdfunding the first cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK Post by: oppahdoggystyle on May 23, 2014, 10:16:06 PM Does your site offer brokerage services like sedo?
Title: Re: Crowdfunding the first cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK Post by: Uniqueorn on May 23, 2014, 11:34:59 PM Does your site offer brokerage services like sedo? Yes:)Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Skinnkavaj on May 24, 2014, 12:06:37 PM Why are you even raising money? Why do you need it?
Is it to get rich or to improve anything? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 12:11:32 PM Why are you even raising money? Why do you need it? Is it to get rich or to improve anything? Why are we raising money? The business plan describes this in painstaking detail. Opening up a domain market is far from free, all the math is in there for you to confirm :) We are trying to improve the domainmarket trade, yes, current fees are ridiculously high and noone accept the major cryptocurrencies. With the growth of cryptos we see a huge untapped market here. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: RCHumphrey on May 24, 2014, 12:27:05 PM You say your business plan notes in painstaking detail but your business plan is shockingly incomplete.
I would be interested to know the background of the people founding the company. Also 25% equity is not going to cut the mustard for $250k... Valuing the company at $1m is just absurd as at the minute you have absolutely nothing... according to the report you haven't even developed any software etc... It doesn't matter how well presented a business plan is, if the underlying figures are so negative. You emphasise throughout the plan of your huge forecasted figures but these are not at all realistic... $300m in 2018. Come on really... I would know this because I currently sell domains and I have a large portfolio as well as experience in this sector. Domains are very illiquid. You will not make $1m let alone $300m in my opinion. Moderate my post at your will but these are the kind of thoughts any potential investor in your business are going to be coming up with. The equity is not even remotely comparable to the risk. How much cash have you founders put up yourselves in this project already? Financial proof of this? So many points to be raised but these are just some of the main ones. Best of luck with your project. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 12:58:24 PM You say your business plan notes in painstaking detail but your business plan is shockingly incomplete. Could you please elaborate on what you mean by incomplete? You mention some valid concerns in your post, but not really asking for much more details, so it's hard to know how to "complete it" to your satisfaction without further details. Quote I would be interested to know the background of the people founding the company. Also 25% equity is not going to cut the mustard for $250k... Valuing the company at $1m is just absurd as at the minute you have absolutely nothing... according to the report you haven't even developed any software etc... Linkedin and NXT community involvement since it's inception should cover the first in terms of our crypto-involvement. We are all crypto-enthusiasts and all have been in the domain game for years, 2 professionally. The valuation is based on several different factors, but I can understand your skepticism, so I'll do my best to shed some additional light on it: Firstly we are getting funded entirely by cryptocurrencies, so as you probably know even if we raise the total amount it will still carry a big risk until we sell it through the exchanges. By then the value of either of these cryptos can have sunk significantly, so this risk is calculated into the sum we hope to raise. Pretty much every other IPO ever conducted has not had to worry about this, so it's a completely new element. But that comes with the territory of being innovative in a new and emergent market. A challenge which we accept. Secondly, we are not just going to sell some domains. We are aiming to be a serious contender on the domain marketplace, parking and appraisal scene. Since you are already very familiar with the selling part I am a bit puzzled as to why you find it hard to believe that such a business will be worth 1 million dollars? Add parking and the appraisal business and the 1 million dollar evaluation suddenly don't seem to be a lot at all. Thirdly, we are the absolute first serious company in this market that will accept all the major cryptocurrencies. This market alone is huge and continues to grow weekly. Having first mover advantage and branding/marketing here is a big deal. This is also why it is so important to us to have a good and genuine relationship to the cryptocurrency scene. We donated NXT.org (bought for 15 000 dollars) and had it developed, just to help out the community. This sort of relationship is not something one can easily purchase. We have put months upon months into crypto activism. Also regarding software, we do have software started and infact our appraisal tools are completely cutting edge and unlike anything in the domain game yet. It has been under development for years. But as you probably know, development and marketing cost money. Quite a lot of money. And as the numbers show: a significant sum of this will go directly to transfer-repository fees. Quote It doesn't matter how well presented a business plan is, if the underlying figures are so negative. You emphasise throughout the plan of your huge forecasted figures but these are not at all realistic... $300m in 2018. Come on really... I think you should go back and re-read the plan, the $300m number is only one of the variant projections. We have a conservative one, realistic one and optimistic one. Conservative for 2018: 7.9 million, realistic ~100million (if everything goes smooth and the domain market keeps growing at a steady rate, as experts and all available numbers suggest) and then 250 million or the optimistic one. Quote I would know this because I currently sell domains and I have a large portfolio as well as experience in this sector. Domains are very illiquid. You will not make $1m let alone $300m in my opinion. Everyone is allowed to have their own opinions, but please read the full business plan and see the actual numbers before latching onto one tidbit and try to denounce our entire efforts based on that out of context. Quote Moderate my post at your will but these are the kind of thoughts any potential investor in your business are going to be coming up with. Would never ever moderate anyones post in any shape way or form. I am happy to answer all questions you might have and don't mind at all that you raise your valid concerns. It's good to settle them and hopefully provide you with satisfactory answers! Quote The equity is not event emotively comparable to the risk. Even with the very conservative estimate people are looking at more than 40x ROI. Of course there is going to be risk, but nothing comparative to the risk of dealing with altcoins in the first place. We are trying to build a serious business based around this and think everyone understands that there is inherent risk in any investment, but we are also confident that our business plans and answers will make it easy for people to make up their own minds. Quote How much cash have you founders put up yourselves in this project already? Financial proof of this? Tens of thousands and hundreds upon hundreds of hours of work. Not sure what would satisfy you as financial proof. Quote Best of luck with your project. Thanks! I hope you find my answers clarify some of your concerns. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Ask Ken About Love on May 24, 2014, 01:09:06 PM ...One of us even went so far as to become the first person in the world to change their last name to .Com back in 2001! ... Welp, not going to be needing DSM-5 for this one. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: RCHumphrey on May 24, 2014, 01:21:39 PM Thank you for your reply.
$250k funding still is a lot of investor risk for 25% equity in a non-operational business. Domain businesses can be scaled up quickly. Build the core business, then ask for seed funding would be my opinion when you have actual data and figures to back up your projections. IF you were asking a reasonable amount of money to apply to become an official registrar and wanted to be the first crypto registrar then I'd be interested since I believe that is something lacking at the minute, however, your advantage in the market cannot only be based on being involved in the crypto community and being first-movers. That's not good enough in my opinion. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Bitventurer on May 24, 2014, 01:31:26 PM ...One of us even went so far as to become the first person in the world to change their last name to .Com back in 2001! ... Welp, not going to be needing DSM-5 for this one. Back in the days the guy was pretty crazy...about domains. :) Wouldn’t call a guy with this background a mental disordered ? ! Technological Leader - Emerging Solutions Ness Technologies April 2013 – Present (1 year 2 months)Tel Aviv, Israel Big Data, digital media, mobile Senior Software Engineer Algorithmic trading firm August 2012 – March 2013 (8 months) CTO & Founder Clerius January 2011 – August 2012 (1 year 8 months) .Net Developer K Dictionaries Ltd. March 2007 – December 2010 (3 years 10 months) .Net Developer. developed almost from scratch the KXD shell which was introduced at the "eLexicography in the 21st century" conference in Belgium. Alvarion RT Software Engineer Alvarion August 2005 – November 2006 (1 year 4 months) Specialized as a sole person in the Motorola C5 network processor at the heart of the BreezeMAX (a WiMAX platform), which was implemented as a bridge, switch and firewall. the job included working with Microcode and C. at the same time working on the management tool in C++ programming language under the WxWorks OS. Layers 2(Ethernet) and 3(IP) involving 802.1q, 802.1p, CoS and QoS. Comverse RT Software Engineer Comverse June 2001 – June 2002 (1 year 1 month) Moved with my team leader to the core gateway protocols team. worked on VxWorks OS. Development was in C, C++ programming languages. i implemented the entire WTP protocol (parallel to the TCP protocol from the TCP/IP model) from scratch. Comverse MFC Software Developer Comverse June 2000 – June 2001 (1 year 1 month) MFC C++ software developer in a management tool. included thinking and developing the product and designing functionality while interfacing with SQL Server and Oracle databases. technologies used: OOD, OOP, win32 api, STL, design patterns and multi-threading. Elint Team Leader IDF, Intelligence Corps (8200) November 1993 – November 1996 (3 years 1 month) Any way thanks stopping by.. and have a good day! Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 01:33:30 PM Thank you for your reply. $250k funding still is a lot of investor risk for 25% equity in a non-operational business. Domain businesses can be scaled up quickly. Build the core business, then ask for seed funding would be my opinion when you have actual data and figures to back up your projections. IF you were asking a reasonable amount of money to apply to become an official registrar and wanted to be the first crypto registrar then I'd be interested since I believe that is something lacking at the minute, however, your advantage in the market cannot only be based on being involved in the crypto community and being first-movers. That's not good enough in my opinion. Thanks, I forgot to mention one more crucial point: These shares will be 100% tradable on the NXT DEX, so if any investor for some reason wants out, he can trade them there. So a significant portion of the risk is lowered by having that option too. We are working hard on building the core business and have come a long way and decided to seek funding now to complete and make this a reality as soon as possible. But I respect your personal opinion. We are going to apply to become a official registrar as soon as we start turning a nice profit. If this includes selling more shares, then so be it. We mention this in our business plan too. So we *do* plan on going all the way, but we have to take it in incremental steps. Gaping over too much at once is even more risk! :) Hopefully you'll be a customer of ours in the future and the domain and crypto world keeps growing, which will be in both our interests :) Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: RCHumphrey on May 24, 2014, 01:40:04 PM There is no doubt a growing demand for domains. I'm just not as convinced as you are about quite how much :) The more people involved in this sector though the better.
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Bitventurer on May 24, 2014, 01:51:50 PM There is no doubt a growing demand for domains. I'm just not as convinced as you are about quite how much :) The more people involved in this sector though the better. Well that's the point! :) The New gLTDS are coming and there is a lot of money to be made. Also don't forget about the Chinese, Indian, African and Latin-American markets that are just now really starting to sprout. Couple these with the cryptocurrency growth and you have a recipe for a nice profit. These markets just need more exposure in order to educate the masses, we see our business as a Gateway to this sector Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 01:55:00 PM There is no doubt a growing demand for domains. I'm just not as convinced as you are about quite how much :) The more people involved in this sector though the better. Let's hope for both our sakes that we are right and you are wrong :D By the way, if you got some domains laying around that you don't have any big plans for, we have just launched a "Domains for Shares" promotion here: https://bitcointalk.org/index.php?topic=623393.0 Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Ask Ken About Love on May 24, 2014, 01:58:20 PM ...One of us even went so far as to become the first person in the world to change their last name to .Com back in 2001! ... Welp, not going to be needing DSM-5 for this one. Back in the days the guy was pretty crazy...about domains. :) Wouldn’t call a guy with this background a mental disordered ? ! ... I'm passionate about vintage audio gear. Most don't find that exceedingly peculiar. Changing my name to Triode Strapped Beam Pentode, OTOH, might raise a few eyebrows. *Also, not sure how a career in software translates to flipping domains. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 02:22:48 PM ...One of us even went so far as to become the first person in the world to change their last name to .Com back in 2001! ... Welp, not going to be needing DSM-5 for this one. Back in the days the guy was pretty crazy...about domains. :) Wouldn’t call a guy with this background a mental disordered ? ! ... I'm passionate about vintage audio gear. Most don't find that exceedingly peculiar. Changing my name to Triode Strapped Beam Pentode, OTOH, might raise a few eyebrows. *Also, not sure how a career in software translates to flipping domains. He obviously did it as a gimmick! He goes by his previous name in real life still. You have to understand that this is something he did during the height of the dotcom bubble when "dot com" was as much of a buzzword in the media as Bitcoin is today. I don't see how having a little fun equals to mental illness, but I'm pretty sure you were just joking anyway. He changed his name to .Com ;P that should tell you enough about how serious he is about domains. He has also written a book that he is going to publish on the subject. His software expertise will help immensly with our business and he has been working on a appraisal tool (has a lot of other useful functions too) that already blows all our competitors out of the water for years. So anyway: back to topic Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: mikaeldice on May 24, 2014, 07:28:04 PM What, specifically, do you plan to spend our money on?
You mentioned building this yourselves, as part of the 75% ownership stake you deserve, so I don't see much in the way of development costs. This is a lot of money to spend on servers.. and you don't have a product to show us yet. Are you planning on using the money to pay yourselves while you develop the project? Spending it on advertising? Speculating on domains? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 09:33:42 PM What, specifically, do you plan to spend our money on? Hello! Development, marketing and initial day to day operational costs of course. Quote You mentioned building this yourselves, as part of the 75% ownership stake you deserve, so I don't see much in the way of development costs. This is a lot of money to spend on servers.. and you don't have a product to show us yet. Are you planning on using the money to pay yourselves while you develop the project? Spending it on advertising? Speculating on domains? Yes, we are building it ourselves, but we also hire in people to the tasks we are not professionals at. In the first months of operations we will have a 7 man staff that will obviously need wages. Servers are just a tiny part of the costs. Design, branding and marketing is where the big costs come in. We are very confident in our product, but for the product to be used it needs aggressive marketing. We do have a lot of this product done already, but it's codes. Do you read codes? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: mikaeldice on May 24, 2014, 10:08:35 PM What, specifically, do you plan to spend our money on? Hello! Development, marketing and initial day to day operational costs of course. Quote You mentioned building this yourselves, as part of the 75% ownership stake you deserve, so I don't see much in the way of development costs. This is a lot of money to spend on servers.. and you don't have a product to show us yet. Are you planning on using the money to pay yourselves while you develop the project? Spending it on advertising? Speculating on domains? Yes, we are building it ourselves, but we also hire in people to the tasks we are not professionals at. In the first months of operations we will have a 7 man staff that will obviously need wages. Servers are just a tiny part of the costs. Design, branding and marketing is where the big costs come in. We are very confident in our product, but for the product to be used it needs aggressive marketing. We do have a lot of this product done already, but it's codes. Do you read codes? I will definitely be skipping this one. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Uniqueorn on May 24, 2014, 10:15:01 PM I will definitely be skipping this one. That's obviously your choice :) This is a long term investment in a serious business, not a altcoin that you hope to see double overnight. Either we raise the minimum or we don't. If we don't then everyone gets their money back anyway. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: Bitventurer on May 24, 2014, 10:20:07 PM Trades on NXT Asset Exchange:
Date Quantity Price Total Ask Order ID Bid Order ID 23/05/2014 06:53:42 20 15 300 2555379443853192087 11727285596300236855 22/05/2014 21:56:14 22 15 330 2555379443853192087 8764624237745144266 22/05/2014 17:09:12 3.9 15 58.5 2555379443853192087 3390670659353777263 21/05/2014 22:26:03 825 15 12375 2555379443853192087 14510491729189199352 21/05/2014 20:43:23 100 10 1000 7814381488664814077 266059960570006912 21/05/2014 17:44:32 60 15 900 2555379443853192087 18006595740117300130 20/05/2014 22:23:55 515 15 7725 2555379443853192087 9927566491263640268 20/05/2014 22:22:45 177 14.99 2653.23 729980586275634453 6778810482365239991 20/05/2014 13:35:23 13 14.99 194.87 729980586275634453 1654892209305408764 20/05/2014 04:57:42 10 14.99 149.90 729980586275634453 3852553530822918106 19/05/2014 05:34:38 558 15 8370 2555379443853192087 336905780498006625 18/05/2014 18:51:43 100 15 1500 2555379443853192087 15912724739910570658 18/05/2014 10:45:17 5 7.5 37.5 4102407251097554970 7478372152232129055 18/05/2014 10:45:17 26 7.5 195.0 2634029953385496789 7478372152232129055 18/05/2014 10:39:37 250 10 2500 15100084521768204974 14913555811762198541 18/05/2014 07:56:50 9 12.5 112.5 4423110548433953993 11078439009378582710 18/05/2014 07:08:21 100 15 1500 2555379443853192087 17981470032954925009 18/05/2014 07:02:38 200 15 3000 2555379443853192087 16701425257296826539 17/05/2014 20:13:59 3000 15 45000 2555379443853192087 1599888154733985073 17/05/2014 20:10:51 146 14.5 2117.0 4403530343478248765 11505154652130858776 16/05/2014 19:34:37 4 14.5 58.0 4403530343478248765 17904009636939631672 16/05/2014 09:11:09 10 15 150 2555379443853192087 9826057438533995623 15/05/2014 06:04:22 10 15 150 2555379443853192087 651700291326703424 15/05/2014 03:26:49 10 15 150 2555379443853192087 10303005253072701875 15/05/2014 00:05:09 0.01 15 0.15 2555379443853192087 17207527787581314716 14/05/2014 09:38:27 3 15 45 2555379443853192087 10388210007991655726 14/05/2014 05:46:53 35 15 525 2555379443853192087 12182928234213719846 14/05/2014 05:32:09 15 15 225 2555379443853192087 18026204116065577562 14/05/2014 04:57:14 276 14 3864 18235897846613329388 4172515473259738305 14/05/2014 03:54:27 1 12.5 12.5 1918601732505143306 11078439009378582710 14/05/2014 02:23:24 20 14 280 18235897846613329388 12666735378996342760 14/05/2014 01:25:36 10 15 150 2555379443853192087 2873610012224651167 14/05/2014 00:23:09 200 10.01 2002.00 15985484754901229312 17904638928341277549 14/05/2014 00:23:09 99 12 1188 15985484754901229312 1217277578866644253 13/05/2014 21:30:30 1 12 12 11782877424688533249 1217277578866644253 13/05/2014 20:59:04 1 14 14 15500821159756266543 14975942173108219057 13/05/2014 19:35:53 1000 14 14000 15500821159756266543 13476365735025320100 13/05/2014 18:36:41 200 14 2800 15500821159756266543 14725038412219220001 13/05/2014 18:18:56 600 15 9000 2555379443853192087 10863788554210474864 13/05/2014 15:14:32 5 15 75 2555379443853192087 597853838631654416 13/05/2014 12:58:25 100 15 1500 2555379443853192087 837531711344215896 13/05/2014 12:03:43 300 15 4500 2555379443853192087 4041316674413274324 13/05/2014 10:10:23 10 15 150 2555379443853192087 15228694480748106112 13/05/2014 03:41:52 10 15 150 2555379443853192087 14907987564902735403 13/05/2014 03:35:21 100 15 1500 2555379443853192087 6183779521103547821 13/05/2014 02:45:02 220 15 3300 2555379443853192087 7993536071890605130 13/05/2014 02:45:02 100 15 1500 2555379443853192087 12275139951981151241 13/05/2014 01:37:12 50 15 750 2555379443853192087 8064286643142189183 13/05/2014 01:37:12 30 15 450 2555379443853192087 11090501249059827189 12/05/2014 23:18:21 50 15 750 2555379443853192087 7669834431712018934 12/05/2014 22:21:35 10 15 150 2555379443853192087 4098568197090125519 12/05/2014 22:16:23 100 15 1500 2555379443853192087 1224345586858532108 12/05/2014 21:50:27 50 15 750 2555379443853192087 5554158294327762520 12/05/2014 21:50:27 150 15 2250 2555379443853192087 10643098140903476934 12/05/2014 21:06:00 200 15 3000 2555379443853192087 10383903731942411314 12/05/2014 20:49:20 100 15 1500 2555379443853192087 206624593392279744 12/05/2014 19:32:02 1670 15 25050 2555379443853192087 7558505102963661501 12/05/2014 18:55:38 200 15 3000 2555379443853192087 12058964595538062991 12/05/2014 18:36:35 203 11 2233 747775119539454128 1130211388203517401 12/05/2014 18:36:04 50 15 750 2555379443853192087 1468818624204730429 12/05/2014 18:34:33 10 15 150 2555379443853192087 1247103390949196494 12/05/2014 18:32:10 1 15 15 2555379443853192087 9775598269272829362 12/05/2014 18:29:20 100 15 1500 2555379443853192087 14910129188206982279 12/05/2014 18:20:57 17 15 255 2555379443853192087 10540465628240659864 12/05/2014 18:18:18 10000 15 150000 2555379443853192087 2010066680450639251 12/05/2014 18:18:18 200 15 3000 2555379443853192087 12105551626649700109 Title: Re: [Dotsforbits]IPO->Cryptocurrency domain marketplace.BTC/NXT/LTC/NMC/PPC/DRK/Doge Post by: NotLambchop on May 24, 2014, 10:33:26 PM ... We do have a lot of this product done already, but it's codes. Do you read codes? WTF is "codes"? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on May 25, 2014, 10:30:58 AM Congratulations, man! This is looking very promising.
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on May 25, 2014, 11:19:44 AM Congratulations, man! This is looking very promising. Thanks! Glad to see more and more people seeing the potential! Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Ask Ken About Love on May 25, 2014, 01:09:18 PM Congratulations, man! This is looking very promising. Thanks! Glad to see more and more people seeing the potential! One positive comment in two pages of posts = "more and more." <==Technically agree with the "more" part (one is more than zero), but "more and more" implies a trend... Hope your "codes" aren't equally overexuberant :-\ Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Uniqueorn on May 25, 2014, 01:18:07 PM Congratulations, man! This is looking very promising. Thanks! Glad to see more and more people seeing the potential! One positive comment in two pages of posts = "more and more." <==Technically agree with the "more" part (one is more than zero), but "more and more" implies a trend... Hope your "codes" aren't equally overexuberant :-\ What's with your attitude man? We have this IPO on more forums + reddit. We have also recieved several domain offers and questions on PM over the last 24 hours. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Ask Ken About Love on May 25, 2014, 01:22:58 PM A bit tired of ridiculous IPOs, I guess. Links to your Reddit and other forums?
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Uniqueorn on May 25, 2014, 01:26:36 PM A bit tired of ridiculous IPOs, I guess. Links to your Reddit and other forums? Ridiculous IPO... Ok you are clearly allowed to have your subjective opinion, but you have yet to explain *why* you call this IPO ridiculous. Is it that it's a long term serious investment for once and not a throw of the dice like most cryptoinvestments? We've already raised ~12 000 dollars of our minimum 80 000 dollar goal with minimal promotion. It's first now that we got everything ready that we have begun promoting this IPO. I really dislike people who just come to talk negatively without any constructive criticism whatsoever. Give me some actual feedback or I will simply ignore your spam from now on. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Ask Ken About Love on May 25, 2014, 01:36:56 PM A bit tired of ridiculous IPOs, I guess. Links to your Reddit and other forums? Ridiculous IPO... Ok you are clearly allowed to have your subjective opinion, but you have yet to explain *why* you call this IPO ridiculous. Is it that it's a long term serious investment for once and not a throw of the dice like most cryptoinvestments? Most "cryptoinvestments," about 95%, end in fail and AIDS. So I'd say it's more like Three Card Monte than dice :-\ Quote We've already raised ~12 000 dollars of our minimum 80 000 dollar goal with minimal promotion. It's first now that we got everything ready that we have begun promoting this IPO. I really dislike people who just come to talk negatively without any constructive criticism whatsoever. You come here peddling surprise buttsecs, and expect "constructive criticism"? How 'bout GTFO? (but you are entitled to your subjective likes and dislikes) Quote Give me some actual feedback or I will simply ignore your spam from now on. Take your your multimillion firm and troll with it elsewhere. Is that constructive enough? * We have this IPO on more forums + reddit. We have also recieved several domain offers and questions on PM over the last 24 hours. Where are the links to Reddit and other forums? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Lordoftherigs on May 25, 2014, 09:28:45 PM Hope you guys will raise enaugh to pull this of :)
Sharing your identity would reduce the amount of skeptical posts 8) Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: nousernamesleft on May 25, 2014, 10:00:17 PM Ridiculous valuation. For that reason, I am out...
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Uniqueorn on May 26, 2014, 06:00:09 AM Ridiculous valuation. For that reason, I am out... Ridiculous valuation. Care to elaborate further? We have put 80 000 dollars as bare minimum goal that will still enable us to carry out the neccessities and major parts of the business plan. I am not sure if you are familiar with extensive software coding like this project, but it ain't cheap. Then the day to day operations of the site for at least 3 months, then add design and lastly marketing and you should have no problem seeing why 80 000 dollars is a realistic minimum. We obviously do want to raise more like ~200 000 dollars as this would allow us to do everything we want in the business plan and give us a really good start, but like I said 80 000 dollars is minimum. If that number is reached then each shareholder gets several fold more shares than they invested at. I think this is one of the points that has gone by people and we accept our mistake in not highlighting this issue clearly. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: NotLambchop on May 26, 2014, 12:31:48 PM Ridiculous valuation. For that reason, I am out... Ridiculous valuation. Care to elaborate further? We have put 80 000 dollars as bare minimum goal that will still enable us to carry out the neccessities and major parts of the business plan. I am not sure if you are familiar with extensive software coding like this project, but it ain't cheap... Lol, $80k, according to your pseudo-prospectus, represents merely 25% of this esteemed concern. And since you are paying yourselves to code, code is as cheap or expensive as you choose to make it :) Quote like I said 80 000 dollars is minimum. If that number is reached then each shareholder gets several fold more shares than they invested at. I think this is one of the points that has gone by people and we accept our mistake in not highlighting this issue clearly. Yeah, that's hilarious. Do highlight it. Also, you keep forgetting: We have this IPO on more forums + reddit. We have also recieved several domain offers and questions on PM over the last 24 hours. Where are the links to Reddit and other forums? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: NotLambchop on May 26, 2014, 09:09:51 PM ty, just started going through that thread and read your--so much lel!
Please elaborate/clarify to start: "...The Company’s entire equity structure is currently comprised of Class A Shares. After completion of the offering, it is anticipated the Company’s investors will own 25% of the outstanding shares, while current and expected insiders will retain the balance. ..." -- http://dotsforbits.com/BizPlan.pdf (your prospectus) vs. "...Currently, as stated in the prospectus: the shares you buy guarantee you the net profits of DotsforBits. The reason is simple: if we were to issue these shares as equity in the LTD then we would need the name and passport ID number of every single person buying shares. ..." -- https://nxtforum.org/general-discussion/comming-soon-'dfb'/40/ (your other thread) What do the shares represent, equity or "shares of the profits"? And what is the intended meaning of "Class A Shares" [sic] within the context of your prospectus? *BTW, Since this Bitcointalk thread was started, there was just one post in your other thread ...announcing that this one exists. So still unsure re: "more and more [positive responses]" bit. Perhaps an allusion to the Reddit link you once again forgot to post? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: IPO Magic on May 26, 2014, 11:03:39 PM From your prospectus:
"The acceptance of this document constitutes an agreement on the part of the recipient hereof and the recipient's representatives to maintain the confidentiality of the information contained herein. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of the author." I've reproduced your document, in whole and in part, stored it in retrieval systems, transmitted it in multiple forms by multiple means - including but not limited to electronic, mechanical, photocopying and recording - without the prior written permission of the author. Ha! Haha! I haz no scruples! *FOR YOUR EYES ONLY! PERSONAL AND CONFIDENTIAL! DESTROY BY FIRE IF NOT THE INTENDED RECIPIENT! Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on May 27, 2014, 04:46:33 PM Hope you guys will raise enaugh to pull this of :) Sharing your identity would reduce the amount of skeptical posts 8) Hey thanks , you can check out linkedin's in the first post. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Lordoftherigs on May 30, 2014, 07:55:18 AM new article : http://bitscan.com/articles/crypto-ipo-launched-for-domain-trading-business
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: durerus on May 30, 2014, 04:24:29 PM Looks good. Bought some shares via bitcoin yesterday. Do I get my shares now directly to my nxt-account? Sent you an email with id to shares@dotsforbits.com.
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on May 30, 2014, 08:14:59 PM Looks good. Bought some shares via bitcoin yesterday. Do I get my shares now directly to my nxt-account? Sent you an email with id to shares@dotsforbits.com. Thank's for your purchase ! 900 XDFB shares sent to your account, transaction id : 18169327200802989020 5/30/2014, 9:55:00 PM NXT-E766-A3AR-3JGA-6QL4A 0 NXT 1Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on May 31, 2014, 05:59:06 PM Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on June 02, 2014, 06:44:03 AM In the description of how to buy, you link to client download: http://nxt.org/client-download
That link is dead. Maybe link to http://nxtclients.org/ and tell people to use the java client? I tried with the dgex client, but the asset doesn't show up in trader -> asset list. Is that supposed to work? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on June 02, 2014, 01:28:55 PM In the description of how to buy, you link to client download: http://nxt.org/client-download That link is dead. Maybe link to http://nxtclients.org/ and tell people to use the java client? I tried with the dgex client, but the asset doesn't show up in trader -> asset list. Is that supposed to work? Hi! I updated the link ! this is the correct one http://nxt.org/client-download/ (with the slash) Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on June 02, 2014, 05:08:54 PM quoting the wallet addresses, just in case ;-)
Bitcoin 0.0011493 : wallet 1BjRAXATchGTzedcH8Dzr9Y1Eoyydq4mPH Litecoin 0.06 : wallet : LZn4tBKcaqsVyC5jDtD4TcnNa4Q8Fks3xV DOGEcoin 1836.25 : wallet: DGfsYoXAz2Det1D7H2ebgXgrVjmMpuKYz1 Peercoin 0.30 : wallet : PUXX5HdpaQtjebzb1w2f4LSJzZEL4kKdr6 Darkcoin 0.06: wallet : XsN9XBtP2h7C96zsWNDcSbyiePHVmGPzHL Namecoin 0.27 : wallet: N7GnP2KWft7Kxo6meLEMr7yzxRxotskJEU Blackcoin 44.56 : wallet : BTXLv7Ww7YjzqAYiwy4TFcqK4tmguKYHWC Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Lordoftherigs on June 11, 2014, 02:45:13 PM Is there a deadline for raising the minimum of 80k dollars ?
Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on June 12, 2014, 10:35:41 AM When was the info in OP (18 kUSD pledged) last updated?
Is it correct that the goal is 80k USD? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on June 12, 2014, 06:20:53 PM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on June 12, 2014, 06:30:25 PM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. damn ;( would the refund be done in USD-valuation or the originally used currencies? but yes: maybe a miracle... or people wait until last moment. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Bitventurer on June 12, 2014, 07:17:46 PM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. damn ;( would the refund be done in USD-valuation or the originally used currencies? but yes: maybe a miracle... or people wait until last moment. original , sorry for the inconvenience , but dont think that doge and ppc are dead , you just have to HODL ;) Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: molecular on June 12, 2014, 09:07:10 PM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. damn ;( would the refund be done in USD-valuation or the originally used currencies? but yes: maybe a miracle... or people wait until last moment. original , sorry for the inconvenience , but dont think that doge and ppc are dead , you just have to HODL ;) hahaha, lol. don't worry. I'll make a doge paper wallet with a nice shibe on it or donate them to some funny cause. Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Lordoftherigs on June 13, 2014, 07:43:56 AM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. :( Hate to see this train derailed... will there be any other chance to get involved in your project ? Title: Re: [Dotsforbits]IPO->Cryptocurrency domain market/BTC/NXT/LTC/NMC/PPC/BLC/DRK/Doge Post by: Cassius on June 13, 2014, 10:13:51 AM When was the info in OP (18 kUSD pledged) last updated? Is it correct that the goal is 80k USD? Hey yes the goal is 80k , will wait untill 15 june (may be a miracle will happen) :P , if not will close and make a refund. :( Hate to see this train derailed... will there be any other chance to get involved in your project ? Ditto. Promising project and it will be a real shame. |