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Title: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: fordlincoln on June 12, 2014, 10:59:49 PM XAP Coin is now released - go to www.buyxap.com (http://www.buyxap.com) - designed to incentivize developers for their APIs - capable of powering an open-source decentralized marketplace - will cache and store API network data using Maidsafe's SAFE Network The official announcement The announcement went out to the press today check out http://www.reddit.com/r/APInetwork/comments/28h095/official_press_release_for_api_network/ Advantages: - No ASIC/Scrypt mining - Use the same Bitcoin wallet - Be rewarded for developing your own API How does it work? - new XAP coins are released when nodes provide a service to the network - XAP coins are required to access the API network services - XAP coins can be earned by sharing your private APIs Why XAP coin? - Because we believe it is possible to completely decentralize the personal computing environment - The world needs an API Marketplace to help end users integrate applications across all platforms - An incentivized token system will drive the growth of an open-source environment - The API Network intends to use the SAFE Network to host its APIs and other content in a decentralized way and thus produce these SAFE coins which will be used to obtain APICoins on the Master Protocol Decentralized Exchange. These purchased API Coins (XAP) will be sent on a regular basis to the holders of API Coins (XAP). Get XAP coin Starting on June 18th 2014 at 11 AM U.S. Central time, anyone sending Bitcoins to the "API Address" is recognized by the protocol as purchasing API Coins (XAP). - The first 500 XBT (BTC) sent to the "API Address" will generate 1 API Coin (XAP) for each 1.6 mXBT (millibits / 1/1,000th of a bitcoin). - The next 1,000 XBT (BTC) sent to the "API Address" will generate 1 API Coin (XAP) for each 2.13 mXBT (millibits / 1/1,000th of a bitcoin). - The next 2,000 XBT (BTC) sent to the "API Address" will generate 1 API Coin (XAP) for each 2.66 mXBT (millibits / 1/1,000th of a bitcoin). - The last 4,692 XBT (BTC) sent to the "API Address" will generate 1 API Coin (XAP) for each 3.2 mXBT (millibits / 1/1,000th of a bitcoin). The details of the pricing of the API Coins (XAP) during the crowdsale event can be found on this Google Doc: https://docs.google.com/spreadsheets/d/1Jo58sfAfXJ05ZUylzf9dGDbJ2ngPlDbCZ2B6FSP_xBc/edit?usp=sharing Attempts to send funds to the API "Address" on or after 11 AM (central time) July 18th 2014 (as determined by bitcoin block chain records), will not be considered APICoins purchases and shall be sent back to the originating Bitcoin wallets in the form of Bitcoin minus transaction fees. The total number of APIcoins generated during the crowdsale shall be limited to 3,000,000. Any APIcoins generated after this point shall be invalid and the bitcoin sent for their generate returned to the sender. 6/17 - Live broadcast with the founders of API Network: https://www.youtube.com/watch?v=EKgb61yQNHs&feature=share]6/17 - Live broadcast with the founders of API Network: https://www.youtube.com/watch?v=EKgb61yQNHs&feature=share Bitcoin address for XAP coin: https://blockchain.info/address/12Stz3hoF1sY9J12GyMhsAGBa16vWrmufG Want to know more? The Git for opensourcing is here: https://github.com/APINetwork/personal-data-module Check out the website at buyxap.com (http://buyxap.com) Read the whitepaper and details about the protocol at https://github.com/APINetwork/ProtocolSpec Visit the API Network at http://www.apinetwork.co/ (http://www.apinetwork.co/) Stay updated by joining our Developer group here: https://plus.google.com/u/0/communities/116050453698554265785 (https://plus.google.com/u/0/communities/116050453698554265785) June 15th - due to overwhelming response, please see the below details: Use of the XBT (BTC) from the Crowdsale Event: -Buy the intellectual property and codebase to jump start the development of the API Network from Engine Inc. (website www.Engine.co) related to API and IMAP interfaces and then open source that code to the API community. Cost 900 XBT (BTC) and 2,000,000 API Coins (XAP) to be generated at the end of the crowdsale event. -Buy additional intellectual property and codebase related to Exchange and other common data standards and open soure it the API community. -Buy crypto currency in the protocols that API Network is built on top of. For example after the purchase of intellecual property and code from API services as described above, 25% of the remaining XBT (BTC) collcected during crowdsale will be used to puchase MSC, SAFE, and any other digital token that it functions on top of in order for the API Network to hold a stake in the platforms it is built on top of. Thus holding a mix of XBT (BTC), MSC and SAFE provides the API Network with a longterm stake in the future of these protocols -Engage core developers to work full time to impliment the API Network protocol into a functional client. The Role Based Bounty system will be engaged to accomplish this. -Engage community members in bounties and challenges build up the number and type of APIs available on the API Network. June 18 - Official Press Release statement: Official press release went out today: http://www.reddit.com/r/APInetwork/ API Network Crowdsale to Advance Plug and Play API Marketplace Developers of the API Network (http://www.APINetwork.co), a plug-and-play, open source API marketplace, today announced that the API Network will be launching its crowdsale of digital tokens (known as XAP) this Wednesday June 18th 2014. Austin, TX (PRWEB) June 18, 2014 -- The API Network empowers developers to expand the functionality of their applications without the need to repetitively learn different proprietary APIs. Beginning at 11:00 A.M. CST on June 18th, the API Network will launch API Coin (XAP). XAP will be the token in which the API Network marketplace transacts. The digital tokens will be issued using the Master Protocol, a secure layer built on top of Bitcoin that enables the creation of smart properties. A total of 3 million XAP tokens will be generated during the crowdsale which represents 30 percent of 10 million tokens total that will ever be issued. XAP will be released in stages based on volume, rewarding early participants with a significantly lower price for XAP. Web service owners are incentivized to connect their APIs to the API Network in return for compensation in API Coins (XAP) for calls made to their web service APIs. Developers pick and choose APIs from the API Network marketplace as building blocks to their own applications. End-users begin playing with those applications and XAP are then rewarded to the web service owners bringing the API Network full circle. Curtis Lacy, the API Network’s lead architect presents a bold mission statement. "The goal of the API Network is to take all the APIs in the world, and provide a universal mechanism for querying them. APICoin (XAP) will provide a transparent and distributed way to compensate developers and service providers for their effort." Curtis has served the past two years as Engine, Inc.’s Chief Technology Officer and has led development on several crypto projects backed by the BitAngels Network. Engine, Inc. (http://engine.co) is one of the first web services to plug in with the API Network’s marketplace. Engine’s API makes it possible for future applications to read, organize, and search all of an end-user’s messages between Gmail, Facebook, Linkedin, and 24 other platforms. For more information, please visit API Network’s website at http://apinetwork.co or e-mail info(at)apinetwork(dot)co. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: Italian Technology on June 12, 2014, 11:22:14 PM Can you explain better how the system works, from what I read on the white I can only buy XAP coin... it that right?
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: Acidyo on June 12, 2014, 11:26:57 PM Can you explain better how the system works, from what I read on the white I can only buy XAP coin... it that right? Indeed, right now you are almost just telling us to go buy the coin without much information... Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 13, 2014, 08:40:56 AM looking forward to more information.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: lordoliver on June 13, 2014, 08:49:12 AM looking forward to more information. why don't you just dig in their website? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 13, 2014, 08:57:54 AM Safecoin will launch on September 2014 and this coin will use safecoin to store data and beta test will launch on July, it don't make sense.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 13, 2014, 08:59:13 AM looking forward to more information. why don't you just dig in their website? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 14, 2014, 09:49:32 AM can you share the client before crowd sale.
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Join us! (http://XAP.pool.mn/index.php?page=register) http://pool.mn/Themes/Dilber/images/theme/logo.png (http://XAP.pool.mn/) Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: mishax1 on June 14, 2014, 06:25:50 PM Get XAP coin - On June 18th starting at 11AM Central go here: www.buyxap.com (http://www.buyxap.com) - Use Bitcoin to purchase your XAP coins - Or pay with Mastercoin, the protocol used to create it Could you explain that please ? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 14, 2014, 06:55:11 PM Can you explain better how the system works, from what I read on the white I can only buy XAP coin... it that right? Thanks for the question! Currently XAP is only available through the crowdsale, once the system is released from Beta - XAP coin holders will be able to access the API Network to pick and choose which API they want to use i.e. if you design a better Facebook API then users will choose your offering, and you will get paid in XAP coin. The ways to earn XAP coin are modeled after the Maidsafe SAFE's network, where nodes who provide a service to the API Network will be rewarded based on the number of API call/pull requests. The only way to obtain XAP coin is: - earn them - buy them at the crowdsale starting June 18th Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: poon4 on June 14, 2014, 07:05:35 PM how to buy?IPO?scam!!!
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 14, 2014, 07:58:27 PM can you share the client before crowd sale. Hey thanks for the questions and feedback, the API Network will be one of the first projects to launch on the SAFE network from Maidsafe. The client is currently in development and we hope to release it very soon after the Beta. If you would like to join our discussions about the development and release, please let us know by posting your interest here: https://groups.google.com/forum/#!forum/apinetworkdev or emailing apinetworkdev@googlegroups.com Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 14, 2014, 08:01:19 PM how to buy?IPO?scam!!! Thanks for being the first to ask this, API Network is not a scam - its based on a registered company who has proprietary technology, they are going to open source this technology as the first phase of the API Network platform. XAP coins are not a IPO, they can be earned through a Proof of Resource algorithm similar to the one used in the Maidsafe network. Currently, the only way to obtain XAP is by waiting until the network is finished its Beta in the next year (2015) or purchasing XAP coins now to be apart of seeding the network Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 14, 2014, 08:06:35 PM Get XAP coin - On June 18th starting at 11AM Central go here: www.buyxap.com (http://www.buyxap.com) - Use Bitcoin to purchase your XAP coins - Or pay with Mastercoin, the protocol used to create it Could you explain that please ? Excellent question and thanks for asking this, XAP coin is modeled after the Safecoin - the token used to transact value across the Maidsafe network. - The API Network may well sit on top of the SAFE Network when it is launches to store and cache API data - Safecoin/Maidsafecoin was created on the Bitcoin network using the Master Protocol from Maidsafe - XAP coin will be using the same open-source technology - all transactions will be recorded in the Bitcoin blockchain, viewable on sites like blockchain.info - XAP coins can be used with BitcoinQT or web wallets like blockchain.info Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 15, 2014, 03:41:50 AM how to buy?IPO?scam!!! Thanks for being the first to ask this, API Network is not a scam - its based on a registered company who has proprietary technology, they are going to open source this technology as the first phase of the API Network platform. XAP coins are not a IPO, they can be earned through a Proof of Resource algorithm similar to the one used in the Maidsafe network. Currently, the only way to obtain XAP is by waiting until the network is finished its Beta in the next year (2015) or purchasing XAP coins now to be apart of seeding the network Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: username here on June 15, 2014, 04:13:37 AM wtf is this shit? This doesn't make any sense, what does this mean? How does one make money? This is literally the less transparent IPO ever.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:18:29 AM how to buy?IPO?scam!!! Thanks for being the first to ask this, API Network is not a scam - its based on a registered company who has proprietary technology, they are going to open source this technology as the first phase of the API Network platform. XAP coins are not a IPO, they can be earned through a Proof of Resource algorithm similar to the one used in the Maidsafe network. Currently, the only way to obtain XAP is by waiting until the network is finished its Beta in the next year (2015) or purchasing XAP coins now to be apart of seeding the network Thanks for the question - we look to be transparent and appreciate your feedback. The XAP coin is the forerunner to open-sourcing the technology behind http://Engine.co (http://Engine.co). The release of XAP coins will crowdsource resources to build the API Network, in effect laying the infrastructure for decentralizing applications. This layer will enable a marketplace of APIs. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: yzhi on June 15, 2014, 05:22:14 AM he only way to obtain XAP is by waiting until the network is finished its Beta in the next year？
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:35:21 AM wtf is this shit? This doesn't make any sense, what does this mean? How does one make money? This is literally the less transparent IPO ever. Hey there and thanks for the message, I appreciate your honesty. To help clarify, one is able to make money by following these steps: 1. Participate in the crowdsale starting June 18th at 11 Central using Bitcoin or Mastercoin to obtain XAP coins 2. Trade or Use XAP Coins Its value and quantity are discussed in detail here: www.buyxap.com (http://www.buyxap.com) Hopefully this helps with the confusion, and lastly this is certainly not an IPO as we are not issuing securities. We will only be releasing 3M of the tokens, the remaining coins will be awarded according to the data in slide 6 https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138 (https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138) Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:39:35 AM Get XAP coin - On June 18th starting at 11AM Central go here: www.buyxap.com (http://www.buyxap.com) - Use Bitcoin to purchase your XAP coins - Or pay with Mastercoin, the protocol used to create it Could you explain that please ? The relationship with the MSC Foundation is nothing beyond the fact that the API Network is building its functions on top of the Master Protocol. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:48:10 AM can you share the client before crowd sale. Regarding the client, the founders have outlined the features of the API Network in this part of the whitepaper: https://github.com/DavidJohnstonCEO/APINetwork#features-of-the-api-network (https://github.com/DavidJohnstonCEO/APINetwork#features-of-the-api-network) We don't yet have a beta ready for release, our current stage of development is focused on the Data Module and Billing Module. There is a google developer group available and we have an ongoing Skype chat. Please PM me if you are interested Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:49:36 AM he only way to obtain XAP is by waiting until the network is finished its Beta in the next year？ Or you can participate in the crowdsale next week Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: mishax1 on June 15, 2014, 05:54:17 AM Get XAP coin - On June 18th starting at 11AM Central go here: www.buyxap.com (http://www.buyxap.com) - Use Bitcoin to purchase your XAP coins - Or pay with Mastercoin, the protocol used to create it Could you explain that please ? The relationship with the MSC Foundation is nothing beyond the fact that the API Network is building its functions on top of the Master Protocol. Does that mean that I can buy XAP with MSC at the crowdsale ? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: TheMightyX on June 15, 2014, 06:27:09 AM From the whitepaper:
Quote Use of the XBT (BTC) from the Crowdsale Event • Buy the intellectual property and codebase to jump start the development of the API Network from Engine Inc. (website www.Engine.co) related to API and IMAP interfaces and then open source that code to the API community. Cost 900 XBT (BTC) and 2,000,000 API Coins (XAP) to be generated at the end of the crowdsale event. • Buy additional intellectual property and codebase related to Exchange and other common data standards and open soure it the API community. • Buy crypto currency in the protocols that API Network is built on top of. For example after the purchase of intellecual property and code from API services as described above, 25% of the remaining XBT (BTC) collcected during crowdsale will be used to puchase MSC, SAFE, and any other digital token that it functions on top of in order for the API Network to hold a stake in the platforms it is built on top of. Thus holding a mix of XBT (BTC), MSC and SAFE provides the API Network with a longterm stake in the future of these protocols. • Engage core developers to work full time to impliment the API Network protocol into a functional client. The Role Based Bounty system will be engaged to accomplish this. • Engage community members in bounties and challenges build up the number and type of APIs available on the API Network. So... you are going to use the money you get to buy the software from other people instead of making something new. Then you are going to use the remaining money to buy BTC, MSC and SAFE coins for yourself? wow. I would like to take this time to remind everyone that it is very risky to invest in an IPO without escrow or a prototype of any sort. Any one of us can easily go on the mastercoin exchange and create an arbitrary number of fictional tokens, write up an IPO and sell them. If these folks are developing something for MAIDSAFE then they will have been in contact with the MAIDSAFE team and David Irvine should be able to vouch for this projects authenticity. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: YNWA2806 on June 15, 2014, 06:57:33 AM From the whitepaper: Quote Use of the XBT (BTC) from the Crowdsale Event • Buy the intellectual property and codebase to jump start the development of the API Network from Engine Inc. (website www.Engine.co) related to API and IMAP interfaces and then open source that code to the API community. Cost 900 XBT (BTC) and 2,000,000 API Coins (XAP) to be generated at the end of the crowdsale event. • Buy additional intellectual property and codebase related to Exchange and other common data standards and open soure it the API community. • Buy crypto currency in the protocols that API Network is built on top of. For example after the purchase of intellecual property and code from API services as described above, 25% of the remaining XBT (BTC) collcected during crowdsale will be used to puchase MSC, SAFE, and any other digital token that it functions on top of in order for the API Network to hold a stake in the platforms it is built on top of. Thus holding a mix of XBT (BTC), MSC and SAFE provides the API Network with a longterm stake in the future of these protocols. • Engage core developers to work full time to impliment the API Network protocol into a functional client. The Role Based Bounty system will be engaged to accomplish this. • Engage community members in bounties and challenges build up the number and type of APIs available on the API Network. So... you are going to use the money you get to buy the software from other people instead of making something new. Then you are going to use the remaining money to buy BTC, MSC and SAFE coins for yourself? wow. I would like to take this time to remind everyone that it is very risky to invest in an IPO without escrow or a prototype of any sort. Any one of us can easily go on the mastercoin exchange and create an arbitrary number of fictional tokens, write up an IPO and sell them. If these folks are developing something for MAIDSAFE then they will have been in contact with the MAIDSAFE team and David Irvine should be able to vouch for this projects authenticity. +1 putting aside the concerns for a minute, any estimation regarding the ratio of return at the crowd sale? meaning what difference will there be investing in MSC or BTC? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: mishax1 on June 15, 2014, 06:59:02 AM @TheMightyX Do you think the mastercoin foundation just let any unknown project to be listed for a crowdsale, the first fake project to do what you just said will be a disaster for the mastercoin protocol.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 07:39:45 AM From the whitepaper: Quote Use of the XBT (BTC) from the Crowdsale Event • Buy the intellectual property and codebase to jump start the development of the API Network from Engine Inc. (website www.Engine.co) related to API and IMAP interfaces and then open source that code to the API community. Cost 900 XBT (BTC) and 2,000,000 API Coins (XAP) to be generated at the end of the crowdsale event. • Buy additional intellectual property and codebase related to Exchange and other common data standards and open soure it the API community. • Buy crypto currency in the protocols that API Network is built on top of. For example after the purchase of intellecual property and code from API services as described above, 25% of the remaining XBT (BTC) collcected during crowdsale will be used to puchase MSC, SAFE, and any other digital token that it functions on top of in order for the API Network to hold a stake in the platforms it is built on top of. Thus holding a mix of XBT (BTC), MSC and SAFE provides the API Network with a longterm stake in the future of these protocols. • Engage core developers to work full time to impliment the API Network protocol into a functional client. The Role Based Bounty system will be engaged to accomplish this. • Engage community members in bounties and challenges build up the number and type of APIs available on the API Network. So... you are going to use the money you get to buy the software from other people instead of making something new. Then you are going to use the remaining money to buy BTC, MSC and SAFE coins for yourself? wow. I would like to take this time to remind everyone that it is very risky to invest in an IPO without escrow or a prototype of any sort. Any one of us can easily go on the mastercoin exchange and create an arbitrary number of fictional tokens, write up an IPO and sell them. If these folks are developing something for MAIDSAFE then they will have been in contact with the MAIDSAFE team and David Irvine should be able to vouch for this projects authenticity. Hello and thank you for your post - to clarify we are not releasing XAP coin to buy software from anyone. We are actually taking the proprietary software created by the people behind this project and open-sourcing it. In effect, taking what was newly created and innovating it. Indeed the founders are actively working with David Irvine and the team at Maidsafe and can authenticate the people behind this project. Regarding your question, the API network will be a layer on top of Bitcoin, Mastercoin, and Maidsafe - the project will dedicate money back into the network itself, to support the needed infrastructure as the API network grows. We believe this re-investment of Bitcoin into the technology we seek to co-create will drive the value of the XAP coin, while at the same time its interaction with other projects like Swarm, Ethereum, and CounterParty will provide a connected experience between all platforms. This proposal would require the project to purchase these other cryptocurrencies, but they are certainly not for the intent of personal gain. indeed the people launching this project are working with David Irvine from the Maidsafe project. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: bitwhizz on June 15, 2014, 02:28:36 PM watch
i read the white paper, i still don;t understand why XAP coins gain value, or hold value have i missed out on something? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: tiger5056 on June 15, 2014, 02:51:57 PM at what price going to open for 1 XAP?
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 15, 2014, 05:11:43 PM watch i read the white paper, i still don;t understand why XAP coins gain value, or hold value have i missed out on something? Hey thanks for the input, we're always trying to understand how to explain the process better. The XAP coins will gain in value as the network grows, its value will be established through the crowdsale according to slide 6: https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138 (https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138) Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: bitwhizz on June 15, 2014, 05:18:53 PM watch i read the white paper, i still don;t understand why XAP coins gain value, or hold value have i missed out on something? Hey thanks for the input, we're always trying to understand how to explain the process better. The XAP coins will gain in value as the network grows, its value will be established through the crowdsale according to slide 6: https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138 (https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138) Seen slide 6, that explains how the value is dispersed, however what inherently gives XAP coin value, more so than any other alt coin why does it gain value as the network grows, is it to do with it being used for API services? will apps need the coin in order to join the API network? Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: giveBTCpls on June 15, 2014, 06:24:17 PM wtf is this
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 16, 2014, 04:13:32 AM When crowd sale ends and XAP are not sold out, what will you deal with the left ones?
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 16, 2014, 04:23:17 AM watch i read the white paper, i still don;t understand why XAP coins gain value, or hold value have i missed out on something? Hey thanks for the input, we're always trying to understand how to explain the process better. The XAP coins will gain in value as the network grows, its value will be established through the crowdsale according to slide 6: https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138 (https://docs.google.com/a/distributed.buzz/file/d/0Bw_D-1wK1JG_SWNpa3dCV0NoU1U/image?pagenumber=7&w=138) Seen slide 6, that explains how the value is dispersed, however what inherently gives XAP coin value, more so than any other alt coin why does it gain value as the network grows, is it to do with it being used for API services? will apps need the coin in order to join the API network? - XAP coin will have value because it is based on proprietary technology, backed by a registered company: engine.co - the value will increase over time as the network assets increase, there is a direct correlation between the size of the network and the value of each coin "why does it gain value as the network grows, is it to do with it being used for API services? " Correct - XAP coin is only paid to developers who list their apps on the marketplace, and when those apps are chosen by end users. The token system in the api network allows web service owners to get api coin from developers using their apis in their apps and then end users use those apps, creating the marketplace economy "will apps need the coin in order to join the API network? " No - to list your app on the network you only need register for the Beta or participate in the release Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 16, 2014, 04:38:07 AM wtf is this Its a cryptocurrency that combines Bitcoin + Mastercoin + Maidsafe Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: komodovpn on June 16, 2014, 04:41:31 AM this is fucking dumb
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: platorin on June 16, 2014, 10:13:29 AM Lack of information, probably a scam, since all you offer people are coins for sale.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: mishax1 on June 16, 2014, 10:19:32 AM Lack of information, probably a scam, since all you offer people are coins for sale. LOL, you MUST be an expert! Ninja start and premine. Nothing new here. SCAM ALERT!!! Complexity of your IPO is amazing. This "project" has absolutely nothing new to offer, and it makes me sad to say that, but: SCAM ALERT!!! Another topic. 100% premine, IPO and nothing new to offer. SCAM ALERT!!! Unannaunced premine and ninja start? SCAM ALERT!!! 30% premine with nothing new that your coin offers only give you this: SCAM ALERT!!! [/b]SCAM ALERT!!! Stay away from this coin and do not invest any money. Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: sottymax on June 16, 2014, 11:32:02 AM strange - whitepaper link not working.
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 16, 2014, 06:18:58 PM strange - whitepaper link not working. Please use: https://github.com/APINetwork/ProtocolSpec We've just updated the url and are in the process of updating our links, thanks for the post! Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: azwccc on June 16, 2014, 07:54:08 PM all you have is a white paper and a little code, and you are trying to raise $5m? you really need some luck
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 17, 2014, 02:57:07 AM API Network official press release: https://drive.google.com/file/d/0Bw_D-1wK1JG_a2NvVEtTMUE4T00/edit?usp=sharing (https://drive.google.com/file/d/0Bw_D-1wK1JG_a2NvVEtTMUE4T00/edit?usp=sharing)
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: mo on June 17, 2014, 03:01:52 AM And XCP same???
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 17, 2014, 05:44:39 PM We are having our 1st Google Hangout with the creators behind XAP coin and the API Network, the broadcast is viewable at
https://www.youtube.com/watch?v=EKgb61yQNHs Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 17, 2014, 09:50:15 PM And XCP same??? different, XAP coin is using the Master Protocol from Mastercoin whereas XCP = CounterParty, a similar protocol Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: blackhatzw on June 18, 2014, 04:04:07 PM Man, buyxap.com is still down, what happened?
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: DistributedBUZZ on June 18, 2014, 04:31:26 PM We are now live!! Bitcoin has starting coming in and we appreciate the support from the community
Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 18, 2014, 04:55:19 PM Man, buyxap.com is still down, what happened? we just updated the website with the BTC address, it is working now and please feel free to join this chatroom for live support and questions about the crowdsale: https://www.hipchat.com/gFP0CCs4O (https://www.hipchat.com/gFP0CCs4O) Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: fordlincoln on June 18, 2014, 04:57:26 PM all you have is a white paper and a little code, and you are trying to raise $5m? you really need some luck thanks - we appreciate the feedback from the community and want to answer all the questions coming to us, the API network will be using the technology developed by engine.co and opensourcing it We also have a strong team made up of people who are interested in seeing the potential for this project realized Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: jake_collatz on June 18, 2014, 08:26:18 PM Just had a chat with the API network team at: https://www.hipchat.com/gFP0CCs4O
As a good crypto citizen, I believe that we should be issuing a strong warning for this raise. Quote Jake Collatz 12:54 PM Hello Sam Onat Yilmaz 12:54 PM Hi Jaek Jake sorry I misspelled your name Jake Collatz 12:54 PM When does the crowdsale start? Sam Onat Yilmaz 12:54 PM got excited to have you here :) Jake Collatz 12:54 PM :) Sam Onat Yilmaz 12:54 PM it has started and we are 27 BTC into it buyxap.com Jake Collatz 12:55 PM What is the total amount that you're raising? Sam Onat Yilmaz 12:55 PM gives you tha btc address to send to first batch 500 BTC, the crowdsale continue until all of the volume is sold. 500 + 1,000 + 2,000 + 4,692 as the tokens are bought, as this is a sign of market demand, the price is set to increase D Johnston 12:56 PM We are letting the market decide how much volume and at what price. Here check out this article I wrote on this approach. Sam Onat Yilmaz 12:56 PM you can see the prices on the website buyxap.com Jake Collatz 12:56 PM Ah so that is 8,192 total bitcoins? D Johnston 12:56 PM https://github.com/DavidJohnstonCEO/CrowdsaleBestPractices DavidJohnstonCEO/CrowdsaleBestPractices Crowdsale Best Practices "Let The Market Decide" Sam Onat Yilmaz 12:57 PM correct, that is the cap on the raise Jake Collatz 12:57 PM which is 3,000,000 xap? Sam Onat Yilmaz 12:57 PM correct Jake Collatz 12:57 PM and there will be 10,000,000 xap in total, correct? Sam Onat Yilmaz 12:57 PM correct but at the end of the crowdsale there will only be 5,000,000 xap Jake Collatz 12:58 PM Can you verify that all company profits will be channelled through these 10,000,000 xap? Sam Onat Yilmaz 12:58 PM the remaining 5,000,000 will be issued over time D Johnston 12:58 PM Firstly, for example the API Network is offering API Coins (XAP) at a rate of 1.6 mBTC per XAP for the first 500 bitcoins worth of sales. The price increases to 2.13 mBTC per XAP during the sale of the next 1,000 bitcoins worth of XAP. The price then increases to 2.66 mBTC per XAP during the sale of the next 2,000 bitcoins worth of XAP. Lastly, the price increases to 3.12 mBTC per XAP during the sale of the last 4,692 bitcoins worth of XAP. It is worth noting that neither the API Network team expect to collect the maximum number of bitcoins by selling out all of their tokens (though it is possible if demand has been radically underestimated). Instead, both project have set a range of price points and are leaving it up to the market to decide the proper price of API Coins (XAP). If the market decides these projects are highly valued, than the price of the coins will reach a higher level during the crowdsale. Conversely, if the market decides that these projects are not as highly valued, than the price of the coins will not rise as high during the crowdsale. Either way the pricing of these tokens is for the market to determine. Hide full text Sam Onat Yilmaz 12:59 PM Jake, I presume you are asking if all the service purchases will be purchased with APICoins. And that is true Jake Collatz 12:59 PM I'm just getting an accurate sense of what this raise is, and what I'd be investing in Sam Onat Yilmaz 1:00 PM Just clarifying because there is no company-a centralized entity- turning a profir profit* the demand for the services of the application will be reflected in the demand for the coin Jake Collatz 1:00 PM yes, but this is analogous to another corporate structure Jake Collatz 1:01 PM it just means that the shareholders are rewarded by xap ownership Jake Collatz 1:01 PM either the shares raise in value because of corporate profits, or in this case, xap raises in value D Johnston 1:01 PM Well, just to be clear its not an equity or share (you might be using the term generally). Sam Onat Yilmaz 1:01 PM just for legal correctness perhaps it would be better to use the phrase "stake holders" since there are no shares Jake Collatz 1:01 PM Ok, stake holders Sam Onat Yilmaz 1:01 PM the tokens are pre-sale of services of the network D Johnston 1:01 PM token holder cure. Sam Onat Yilmaz 1:02 PM correct the xap rises in value as the application handles more transactions and delivers more services D Johnston 1:02 PM Sure* Jake Collatz 1:02 PM so you're selling 30% stake for about $5,000,000 usd, correct? D Johnston 1:02 PM Correct. If it were to all sell out. Though we aren't expecting that. Jake Collatz 1:03 PM what do you expect? Sam Onat Yilmaz 1:03 PM so the nuance here Jake is that if we collected 4,000 BTC D Johnston 1:04 PM We set the range wide enough where it the market can decide Sam Onat Yilmaz 1:04 PM the valuation of all tokens will be less than 5,000,000 with more room to grow that is why it is better to get in early as with the demand for the tokens, the tokens' price will be climbing during the crowdsale D Johnston 1:04 PM Its 100% better price for the first 500 BTC worth. Than if the sale gets to the last portion. Jake Collatz 1:05 PM so if you just sell 500btc worth Jake Collatz 1:05 PM you'd be selling 312,500 xap Jake Collatz 1:05 PM correct? D Johnston 1:06 PM Correct. 1:06 PM Paul Snow joined the room. Jake Collatz 1:07 PM that would be 3.1% of total xap Jake Collatz 1:07 PM yes? 1:10 PM Curtis Lacy left the room. D Johnston 1:10 PM Of the 10,000,000 eventual total yes. Hey Paul. Paul Snow 1:11 PM hello Jake Collatz 1:11 PM So you're effectively raising on somewhere between a 9.75m and 16.67m valuation, correct? D Johnston 1:11 PM Though the 5,000,000 for the developer pool, third party pool, and node incentive will be paid out via the network over a long period of time. Well, if I wanted to know the valuation of Bitcoin I'd do it on the ones that exist vs future bitcion. Jake Collatz 1:12 PM Can you explain? D Johnston 1:12 PM Sure. So with 12,000,000 BTC in circulation I'd multiple that times the price of BTC Jake Collatz 1:12 PM understood. D Johnston 1:12 PM So for API Coin I'd do the same Jake Collatz 1:13 PM what is the current progress on the project? D Johnston 1:13 PM At max the crowdsale will end with 5,000,000 in circulation. Maybe as low as 2,000,000 Or its more like we are selling between a 2,000,000 valuation and a 10,000,000 valuation. Jake Collatz 1:14 PM I'm not sure Jake Collatz 1:14 PM What is the distribution Jake Collatz 1:14 PM of the other coins? D Johnston 1:14 PM https://github.com/APINetwork/ProtocolSpec#total-distribution-of-apicoins-xap APINetwork/ProtocolSpec#total-distribution-of-apicoins-xap Protocol Specification for API Network Here is the break down. Jake Collatz 1:15 PM Ok thank you D Johnston 1:15 PM https://github.com/APINetwork/personal-data-module APINetwork/personal-data-module Access a variety of data sources in a simple, consistent way. D Johnston 1:15 PM As for the progress the project already has a ton of code. It is acquiring from the Engine Inc. project whom is open sourcing it. Jake Collatz 1:16 PM what is the status of engine? D Johnston 1:16 PM This was a formally closed company that is deciding to open all its code to open source through the API Network crowdsale and platform. Transitioning from private company to open source. API Network is now the focus of all its founders and developers. Jake Collatz 1:16 PM did it raise funds? was it profitable? D Johnston 1:16 PM See team here. Jake Collatz 1:17 PM re: engine D Johnston 1:17 PM http://www.apinetwork.co/ Yep raised money from Angel Investors, however the team pivoted to the open source approach about 6 months ago before its production launch. And that we when it was programming the front end as well. Jake Collatz 1:18 PM So engine has not launched a product? D Johnston 1:18 PM Now all focus is on the platform and marketplace itself. D Johnston 1:20 PM It did a demonstration of the tech as a Beta to pull in use data and had lots of beta testers. www.Engine.co Jake Collatz 1:20 PM Ok, this is fascinating! Conclusion:This "team" is raising bitcoins on a $9,750,000 - $16,670,000 valuation for a product which is unfinished, has zero market traction, and has failed in a previous iteration. This "crowdfunding" attempt is merely an effort to capitalize off of uneducated investors pockets. Any seasoned tech angel investor or venture capitalist would run from this valuation, lack of legal certainty regarding profit distribution, and incompetent team. The crypto-currency community as a whole needs to bring awareness to these scams to shed publicity like this: http://www.finra.org/investors/protectyourself/investoralerts/fraudsandscams/p456458 Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: djohnston on June 18, 2014, 08:42:33 PM Jake,
Thanks for the post. You are welcome to your opinion. I'll be working hard to make the API Network delivers lots of features that provide value to developers. Then we disagree that this is a "raise". The project is selling access to software. That's part of why there is a notice on the site to try and make that clear. From the API Network Website: "1. Participation in the API Network / XAP crowdsale will not provide you with a "security" or "equity" stake in this project. The digital token known as XAP is only useful for accessing the API Network software when its development is complete." I appreciate your concern and I'll redouble my efforts to be transparent with the community in every project I decide to invest in and take part in. I honestly believe this model of crowdsales can be really positive for the community and building new technology. David A. Johnston Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: jake_collatz on June 18, 2014, 08:47:19 PM Jake, Thanks for the post. You are welcome to your opinion. I'll be working hard to make the API Network delivers lots of features that provide value to developers. Then we disagree that this is a "raise". The project is selling access to software. That's part of why there is a notice on the site to try and make that clear. From the API Network Website: "1. Participation in the API Network / XAP crowdsale will not provide you with a "security" or "equity" stake in this project. The digital token known as XAP is only useful for accessing the API Network software when its development is complete." I appreciate your concern and I'll redouble my efforts to be transparent with the community in every project I decide to invest in and take part in. I honestly believe this model of crowdsales can be really positive for the community and building new technology. David A. Johnston You're simply wrapping another fraudulent raise in clean sheets. Time and the SEC will tell. I suspect that within 2 years you will see major jail-time for this, and by that time the crypto community will have caught on to the scam. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: fordlincoln on June 18, 2014, 10:25:02 PM there are real people behind this project.
its certainly not a scam and the development team building the project are looking to this crowdsourcing campaign to help make it possible Title: Re: [ANNOUNCING] XAP coin - the one coin to unite them all, launches June 18th Post by: tlscoin on June 19, 2014, 12:27:01 AM all you have is a white paper and a little code, and you are trying to raise $5m? you really need some luck I dont understand either. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: crimealone on June 19, 2014, 01:21:08 AM remind me of maidsafe ipo.
Another kind of scam. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 19, 2014, 02:09:57 AM Jake, Thanks for the post. You are welcome to your opinion. I'll be working hard to make the API Network delivers lots of features that provide value to developers. Then we disagree that this is a "raise". The project is selling access to software. That's part of why there is a notice on the site to try and make that clear. From the API Network Website: "1. Participation in the API Network / XAP crowdsale will not provide you with a "security" or "equity" stake in this project. The digital token known as XAP is only useful for accessing the API Network software when its development is complete." I appreciate your concern and I'll redouble my efforts to be transparent with the community in every project I decide to invest in and take part in. I honestly believe this model of crowdsales can be really positive for the community and building new technology. David A. Johnston I invested in this coin and hope you honor what you promised. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 19, 2014, 02:15:29 AM A question, if the coins are not sold out in the end of crowd sale, what will deal with the left ones?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: MsCollec on June 19, 2014, 02:27:43 AM I tried to understand this shit but huge crowd-sale this days are :-X You will never get any ROI on your investments.
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: djohnston on June 19, 2014, 05:23:59 PM So clearly we need Alice and Bob's help here.
Alice and Bob Examples EXAMPLE WITHOUT API NETWORK Alice has an bitcoin to dogecoin exchange website. One of the features Alice offers is a price ticker from the trades being done on her order book. In theory Alice's price data feed is available as an API... somewhere, well maybe if you contact her directly and figure out how to use it. Bob has a bitcoin and crypto currency charts website that shows real time prices for bitcoin and many other crypto currencies. Bob wants to add the price of of bitcoin to dogecoin to his website charts. Bob first has to survey the exchanges that trade bitcoin for dogecoin and find out who offers an API. Bob finds out that Alice offers the API he needs and reaches out to her. Bob connects with with Alice's API but it has many limits: only so many calls per hour can be made. So instead of real time data Bob's charts show a 20 minute delay. Later on Charlie, Dan, and Ethan want to connect to Alice's API too. But Alice doesn't want to support all the calls to her server or go to the trouble of setting up a payment mechanism and decides to shut off this service. Now Bob, Charlie, Dan and Ethan must go find another exchange offering an API for bitcoin to dogecoin trades. EXAMPLE WITH API NETWORK Alice has an bitcoin to dogecoin exchange website. One of the features Alice offers is a real time price ticker from the trades being done on her order book which she has listed on the API Network. Bob has a bitcoin and crypto currency charts website that shows real time prices for bitcoin and many other crypto currencies. Bob wants to add the price of of bitcoin to dogecoin to his website charts. Bob goes to the API Network and finds that Alice offers the API he needs. Bob uses the API for free for a while and later decides to pay a little API Coin to Alice for real time data and more calls to her service. Later on Charlie, Dan, and Ethan connect to Alice's API through the API Network. Alice's API service becomes popular and she gets paid lots of API Coins, some of which she converts into bitcoin and uses the money to sustain and improve her API service over time. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: SamYilmaz on June 19, 2014, 06:59:06 PM I've been involved as an investor in Engine and an advisor to API Network's team and they have shown great skill in building out the codebase for API connectivity, indexing, and intelligent search and query functions. I've confidence that they will be able to deliver on the network as well.
I'm looking at the fundamentals: If every app can gain additional revenue by offering their APIs I suspect we will see a slew of them become available in the network. Then the network's marketplace will be offering a whole bunch of APIs that are standardized, easy to mix and match for any use case. Heck first it will be fun to play with and we will unleash the opportunities hidden in the internet of things and connected apps.(use cases are endless: smart spending engine that creates budgets for certain apps and engages them intelligently based on your needs, maintains them if you use them, eliminates them automatically if you don't or smart living apps that are not bound to any app or vertical where all apps are connectable) Going forward, any of these linkages will contribute to the overall transaction volume. Since every transaction will require API coin, greater the transaction volume will equate to greater demand for the token. There has been concern on the legal aspects: this is a pre-sale of software and these coins do not represent ownership of an legal entity. I hope pre-selling software and keeping account of that via tokens will not become illegal in the US. Team:I have been impressed with their work ethic and focus on delivering great code and ux design. Traction:Sure the network will grow over time and it is not complete with the 100s of APIs and their respective sets of hosts, however the opensource code is here and because the fundamentals are in place. I'd be inclined to think that once the network is seeded and the demonstration is done, people will flock to monetize offering an API and an ability to easily build your own app of apps. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: fordlincoln on June 20, 2014, 12:27:16 AM Hello Jake - it seems that you are viewing this as a securities issuance, and although it is kind of you to reference the sec website - it is not an accurate reflection of the XAP coin. If we are comparing apples to apples, then this would be more applicable: http://msdn.microsoft.com/en-ca/subscriptions/cc137104.aspx (http://msdn.microsoft.com/en-ca/subscriptions/cc137104.aspx) Jake, Thanks for the post. You are welcome to your opinion. I'll be working hard to make the API Network delivers lots of features that provide value to developers. Then we disagree that this is a "raise". The project is selling access to software. That's part of why there is a notice on the site to try and make that clear. From the API Network Website: "1. Participation in the API Network / XAP crowdsale will not provide you with a "security" or "equity" stake in this project. The digital token known as XAP is only useful for accessing the API Network software when its development is complete." I appreciate your concern and I'll redouble my efforts to be transparent with the community in every project I decide to invest in and take part in. I honestly believe this model of crowdsales can be really positive for the community and building new technology. David A. Johnston You're simply wrapping another fraudulent raise in clean sheets. Time and the SEC will tell. I suspect that within 2 years you will see major jail-time for this, and by that time the crypto community will have caught on to the scam. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 20, 2014, 02:44:37 AM A question, if the coins are not sold out in the end of crowd sale, what will deal with the left ones? @DEV, and comments on this question?Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: djohnston on June 20, 2014, 03:01:39 PM "If the full 3,000,000 APICoins (XAP) are not generated during the crowdsale event, the remaining portion will be generated and distributed to the participants of the crowdsale on a proportional basis. Meaning that if for example a purchaser brought 1 APICoin (XAP) for 1.6 mBTC during the first segment of the crowdsale, and the crowdsale sold 1,000,000 APICoins (XAP) (out of the possible 3,000,000) then all holders of 1 APIcoin (XAP) would gain 2 additional APIcoins (XAP) and in this example the purchaser would end up with 3 APIcoins (XAP)."
From whitepaper XAP Generation Section: https://github.com/APINetwork/ProtocolSpec/blob/master/README.md#the-crowdsale-apicoin-xap-generation Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 21, 2014, 01:46:32 AM "If the full 3,000,000 APICoins (XAP) are not generated during the crowdsale event, the remaining portion will be generated and distributed to the participants of the crowdsale on a proportional basis. Meaning that if for example a purchaser brought 1 APICoin (XAP) for 1.6 mBTC during the first segment of the crowdsale, and the crowdsale sold 1,000,000 APICoins (XAP) (out of the possible 3,000,000) then all holders of 1 APIcoin (XAP) would gain 2 additional APIcoins (XAP) and in this example the purchaser would end up with 3 APIcoins (XAP)." Thanks for the update, I think if you share more information of your progress of this coin, more guys will join in this pre-sale.From whitepaper XAP Generation Section: https://github.com/APINetwork/ProtocolSpec/blob/master/README.md#the-crowdsale-apicoin-xap-generation Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 21, 2014, 01:55:06 AM "If the full 3,000,000 APICoins (XAP) are not generated during the crowdsale event, the remaining portion will be generated and distributed to the participants of the crowdsale on a proportional basis. Meaning that if for example a purchaser brought 1 APICoin (XAP) for 1.6 mBTC during the first segment of the crowdsale, and the crowdsale sold 1,000,000 APICoins (XAP) (out of the possible 3,000,000) then all holders of 1 APIcoin (XAP) would gain 2 additional APIcoins (XAP) and in this example the purchaser would end up with 3 APIcoins (XAP)." Another thing, I sent BTC to your pre-sale address twice from the same BTC address, when XAP is distributed to us, I will get first part XAP plust second part XAP in my BTC address, correct?From whitepaper XAP Generation Section: https://github.com/APINetwork/ProtocolSpec/blob/master/README.md#the-crowdsale-apicoin-xap-generation Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: crimealone on June 21, 2014, 09:52:14 AM What's the ending date?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: jake_collatz on June 23, 2014, 03:39:27 AM Is anyone still buying in to this scam?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: blackhatzw on June 23, 2014, 06:26:17 AM Is anyone still buying in to this scam? Why do you say this is a scam?Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: djohnston on June 23, 2014, 09:17:47 PM blackhatzw,
Thanks for the questions. "Thanks for the update, I think if you share more information of your progress of this coin, more guys will join in this pre-sale." Agreed. I know the team is gearing up to make more information available tomorrow about the list of APIs that are going to be available on the API Network. If you want to dig in more here is the link to the demo that will be announced soon docs.apinetwork.co let me know what you think. You can connect one of the four APIs and then select data you want to produce and test the output with the "Try It Button" "Another thing, I sent BTC to your pre-sale address twice from the same BTC address, when XAP is distributed to us, I will get first part XAP plus second part XAP in my BTC address, correct?" Yes, I believe that is correct. Crimealone, "What's the ending date?" The ending date is July 18th at 11 a.m. U.S. central time. See http://buyxap.com/#the-run-down and in the whitepaper. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: Geenstijl on June 23, 2014, 10:27:18 PM XBT (BTC) Crowdsale 3,000,000 XAPs (30%)
Third Party Developers 2,000,000 XAPs (20%) Core Developers 2,000,000 XAPs (20%) Open Sourcing 2,000,000 XAPs (20%) Node Incentive 1,000,000 XAPs (10%) --- So, let me get this straight. If the whole thing sells out... The crowd pays up to 8000BTC for the 3 million XAPs Who are the Third Party Devs? they get an equal of 5666BTC in XAPs Core developers received also 5666BTC in XAPs Who is Open Sourcing? They also receive 5666BTC worth of XAPs Who is Node Incentive? they receive 2,333BTC worth of XAPs But besides the people participating in the crowdsale... none of the other parties actually pay to receive the XAPs? Who's ruling over these 7 million non-publicly owned XAPs? I do not understand... The crowdsale goes to the development of XAP? But the 2 million XAPs going for free to the actual developers are also spend on development? And the other 5 million are spend on specific development projects?... Theres a lot of money coming in from the crowdsale and a lot of XAPs that are just handed over to a small group of developers before doing anything?? I remember Ripple got screwed cuz McCaleb was (and is still) threatning to dump his share of 9 billion XRP's.... There are significant shares of XAPs in the hands of single developers with this set-up? What if conflict emerges, a developer could crash the whole market with such amount of coins... I bet this coin is serious and not a scam... but it's a little bit unfair right? Why need 7 Million XAPs for urself while already receiving the Crowdsale as a budget? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: loveyouforever on June 24, 2014, 06:16:27 AM XBT (BTC) Crowdsale 3,000,000 XAPs (30%) Third Party Developers 2,000,000 XAPs (20%) Core Developers 2,000,000 XAPs (20%) Open Sourcing 2,000,000 XAPs (20%) Node Incentive 1,000,000 XAPs (10%) --- So, let me get this straight. If the whole thing sells out... The crowd pays up to 8000BTC for the 3 million XAPs Who are the Third Party Devs? they get an equal of 5666BTC in XAPs Core developers received also 5666BTC in XAPs Who is Open Sourcing? They also receive 5666BTC worth of XAPs Who is Node Incentive? they receive 2,333BTC worth of XAPs But besides the people participating in the crowdsale... none of the other parties actually pay to receive the XAPs? Who's ruling over these 7 million non-publicly owned XAPs? I do not understand... The crowdsale goes to the development of XAP? But the 2 million XAPs going for free to the actual developers are also spend on development? And the other 5 million are spend on specific development projects?... Theres a lot of money coming in from the crowdsale and a lot of XAPs that are just handed over to a small group of developers before doing anything?? I remember Ripple got screwed cuz McCaleb was (and is still) threatning to dump his share of 9 billion XRP's.... There are significant shares of XAPs in the hands of single developers with this set-up? What if conflict emerges, a developer could crash the whole market with such amount of coins... I bet this coin is serious and not a scam... but it's a little bit unfair right? Why need 7 Million XAPs for urself while already receiving the Crowdsale as a budget? I agree with this guy, crowd sale part is too small, according to your received amount of BTC(just 36 BTC) during these day, I think many other guys have the same idea. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: flis1986 on June 24, 2014, 06:35:55 AM The ending date is July 18th at 11 a.m. U.S. central time. See http://buyxap.com/#the-run-down and in the whitepaper. If the IPO is closed, then why won't you mention it in your web-site and delete the Bitcoin address? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: xx63245613 on June 24, 2014, 07:22:06 AM I can not understand this realy,what is the price of xap for ipo?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on June 24, 2014, 07:31:46 AM The ending date is July 18th at 11 a.m. U.S. central time. See http://buyxap.com/#the-run-down and in the whitepaper. If the IPO is closed, then why won't you mention it in your web-site and delete the Bitcoin address? Because the IPO is not closed/over. I can not understand this realy,what is the price of xap for ipo? 0.0016BTC Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: axsdf on June 24, 2014, 07:56:06 AM can you share the client before crowd sale?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: djohnston on June 24, 2014, 10:02:51 PM Thanks everyone for the questions and feedback. My replies below in bold.
Axsdf, "can you share the client before crowd sale?" Yes. The API team has updated their website with a link to the beta which shows how the application works. https://docs.apinetwork.co/ Go to the link. Connect one of the four demo APIs, select one of the data types you want, then click "Try It" in order to generate the data. mishax1, "Because the IPO is not closed/over." Correct. The crowdsale goes until the 18th of July at 11:00 a.m. U.S. central time blackhatzw, As promised here is the list of APIs that the API team is currently integrating that have been listed on the API Network wiki so far. https://apinetwork.atlassian.net/wiki/display/ANW/List+of+APIs loveyouforever, "I agree with this guy, crowd sale part is too small, according to your received amount of BTC(just 36 BTC) during these day, I think many other guys have the same idea." Hard to say. The MaidSafe crowdsale was 10% of the tokens in their system, but that was a much bigger project so its most likely Apples and Oranges. I think its mostly a question of everyone getting a chance to wrap their mind around the API Network technology and value proposition, where as the value of MaidSafe was more obvious. For sure the API team could use a snappy video : ) that explains it all in a couple of minutes. Anyone wants to volunteer I'm sure they would welcome it. Geenstijl, If the whole thing sells out... The crowd pays up to 8000BTC for the 3 million XAPs Who are the Third Party Devs? they get an equal of 5666BTC in XAPs Core developers received also 5666BTC in XAPs Who is Open Sourcing? They also receive 5666BTC worth of XAPs Who is Node Incentive? they receive 2,333BTC worth of XAPs The crowdsale is not intended to sell out. See the analysis I did before this crowdsale started at: https://github.com/DavidJohnstonCEO/CrowdsaleBestPractices#future-models-for-crowdsales. Specifically, "It is worth noting that the API Network team does NOT expect to collect the maximum number of bitcoins by selling out all of their tokens (though it is possible if demand has been radically underestimated). Instead, both project have set a range of price points and are leaving it up to the market to decide the proper price of API Coins (XAP). If the market decides these projects are highly valued, than the price of the coins will reach a higher level during the crowdsale. Conversely, if the market decides that these projects are not as highly valued, than the price of the coins will not rise as high during the crowdsale. Either way the pricing of these tokens is for the market to determine." Thus the numbers will be radically lower than your projection above. Not to mention the price will be set over time by the market, so these numbers will change day by day. Also its worth noting the rest of the pools are earned over a period of many years similar to the bitcoin mining algorithm, see details here https://github.com/APINetwork/ProtocolSpec#algorithms-and-logic-apicoin-xap-generation But besides the people participating in the crowdsale... none of the other parties actually pay to receive the XAPs? Everyone getting XAP pays for it by trading value. Crowdsale participants generate XAP for BTC. Third party developers add the actual APIs that will make the Network successful (building network effect is critical). Core devs earn their tokens over many years of coding contributions. Any code that is purchased and open sourced will be done so at a market rate and not for less than it cost to develop. And as the system decentralizes people will need an incentive to host the different elements of the API Network. There is no pre-mine, and no hand outs. Everyone provides value for what they get. Who's ruling over these 7 million non-publicly owned XAPs? I do not understand... The crowdsale goes to the development of XAP? But the 2 million XAPs going for free to the actual developers are also spend on development? And the other 5 million are spend on specific development projects?... Theres a lot of money coming in from the crowdsale and a lot of XAPs that are just handed over to a small group of developers before doing anything?? I remember Ripple got screwed cuz McCaleb was (and is still) threatning to dump his share of 9 billion XRP's.... There are significant shares of XAPs in the hands of single developers with this set-up? What if conflict emerges, a developer could crash the whole market with such amount of coins... I bet this coin is serious and not a scam... but it's a little bit unfair right? Why need 7 Million XAPs for urself while already receiving the Crowdsale as a budget? As much as is technically possible the distribution of all XAP will be set my algorithms and formulas. For that which is not technically possible to decentralized (yet) those distributions will be handled by the non profit API Network Foundation. No XAP will be given out for free. All XAP is traded for value that is needed for the operation of the API Network and its successful growth. At the end of the crowdsale 5,000,000 XAP will exist. 3,000,000 XAP will have been generated automatically by the crowdsale participants and 2,000,000 XAP that will be generated for buying proprietary code and open sourcing it. The protocol also sets aside other reward pools for third party developers (2,000,000 XAP), core developers (2,000,000 XAP) and node providers (1,000,000 XAP) all of which is defined in the protocol and will be automated as much as possible. Ultimately, no more than 10,000,000 XAP will ever exist. Though it will take many years for the protocol's algorithms to distribute the different pools of tokens. See details in the whitepaper: https://github.com/APINetwork/ProtocolSpec#total-distribution-of-apicoins-xap __________________ Lastly on the price of the XAP tokens, I seem to be one of the few that has done the full calculation, so let me share it here. The final price per XAP is not correctly calculated simply by saying if you buy during the first 500 BTC worth then its 1.6 mBTC per XAP. This forgets to include the additional XAP that is distributed should the crowdsale not sell out. See: https://github.com/APINetwork/ProtocolSpec#the-crowdsale-apicoin-xap-generation notes section, last note. Specifically: "If the full 3,000,000 APICoins (XAP) are not generated during the crowdsale event, the remaining portion will be generated and distributed to the participants of the crowdsale on a proportional basis. Meaning that if for example a purchaser brought 1 APICoin (XAP) for 1.6 mBTC during the first segment of the crowdsale, and the crowdsale sold 1,000,000 APICoins (XAP) (out of the possible 3,000,000) then all holders of 1 APIcoin (XAP) would gain 2 additional APIcoins (XAP) and in this example the purchaser would end up with 3 APIcoins (XAP)." So for example if only 50 BTC is collected, then what is the price per XAP at the end of the crowdsale? 50,000 mBTC divided by 1.6 mBTC is 31,250 XAP generated. At the end of the crowdsale the remaining 2,968,750 XAP would then be distributed to the buyers on a proportional basis, at a ratio of 95 to each 1 XAP they purchased (because there are 95 tokens remaining unsold compared to each token sold). Making the effective price: 1.6 mBTC divided by the 96 XAP generated equals 0.016 mBTC per XAP (or around $0.016 USD) Yep thats 1.6 cents each. Clearly I'll need to develop a graph that makes this calculation clear for everyone looking at the math. But anyone bothering to read this thread will know first. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: MsCollec on June 27, 2014, 02:52:06 AM when does the presale ends?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: hmmmstrange on June 27, 2014, 05:05:25 AM when does the presale ends? The ending date is July 18th at 11 a.m. U.S. central time. See http://buyxap.com/#the-run-down and in the whitepaper. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: TheMightyX on June 27, 2014, 08:00:09 PM ####### Newsflash for those that didn't catch it ####### It seems this is not a scam, just a sneaky, shady, unethical and manipulative business deal to extract profit from others. Oh wait, that IS a scam! It's all so clear now: Use of the XBT (BTC) from the Crowdsale Event: -Buy the intellectual property and codebase of the API Network from Engine Inc. and then open source that code to the API community. Cost 900 XBT (BTC) and 2,000,000 API Coins (XAP) to be generated at the end of the crowdsale event. ok Curtis Lacy, the API Network’s lead architect- right Curtis has served the past two years as Engine Inc.’s Chief Technology Officer http://www.myfacewhen.net/uploads/6092-wahwaah-.gif Engine, Inc. (http://engine.co) is one of the first web services to plug in with the API Network’s marketplace. http://www.mersenneforum.org/images/smilies/extra/orly-owl.jpgWhat a coincidence! You want $540,000USD + 2,000,000 XAP to buy software from yourself, that you've already created and already own? http://www.myfacewhen.net/uploads/6101-wtf.gif A much clearer picture is coming to light here. Did your company spend a lot of money building a product which it can't or is having a lot of trouble monetizing? What better way to monetize it than to buy out its proprietary software and restructure the company into a more profitable business? Don't even try to give me any bullshit along the lines of "I don't own engine.co!" yea, you don't but you are the CTO and Johnston is the CEO. I would say you fucking own it wouldn't you? So you ALREADY OWN Engine.co and now you want $540,000USD to buy what you've already made from yourselves. Doesn't sound so nice of a deal now does it? You are like a carpenter who shows up to a job with a box full of tools and says "ok to start work I need you to buy me tools", and the client says "but you already have tools, they are right there, I can see them", and you say "those are my tools! not yours!! I'm not gonna build this thing unless you buy the tools I already own! and you still have to pay my salary as well!" Am I Paraphrasing correctly? What now? You want a ridiculous amount of money which you can hardly justify. The 900 BTC is just the tip of the iceberg. You then want thousands more BTC to create something that you will keep a large % control of. It also comes to light that your partner is one of the BitAngels creators (http://www.bitangels.co/#board-members), so he should have access to large amounts of investment capital. Why are you trying to rip off the community for money when you've got Mr. Moneybags on your team? http://www.myfacewhen.net/uploads/6357-ew.gif This project actually has/had a lot of promise, why did you have to sleaze it up with your greed? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: loveyouforever on June 29, 2014, 01:02:55 PM This is not scam, though the coin is a bit expensive
@Dev, could you give the timeline of this coin. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: jubalix on July 18, 2014, 09:01:58 AM the concept has pormise, eg API calls have value.
However so far people are giving API's away for free in most cases as they want you to be able to use their software to monitize it down the track some where, eg the ultimate audience is paying it through buy advertised products essentially info aggregator (face book) want you to come in and use. financial servers charge eg Bloomberg....but what happens when BTC takes over there anyway? however they buying from self, well they are givign you a chance to ride with them, if it all pans out (big if) what I want to know is what do they do with the XAP not sold in the initial tranch. They should just split it all with those that send BTC to start with..... Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: CoinHeavy on July 18, 2014, 05:39:27 PM Quote Question #9 Why doesn't Alice accept bitcoins for her API service? Answer #9 Ease, Discovery, and Competition Alice could accept bitcoin directly. But unless she wants to do that manually, she will have to set up a payment mechanism, read Bitpay or the like which is extra work for her. There is also the discovery issue. Yes, Alice sets up API and use BitPay to take in BTC, But how does Bob find Alice's API? He spends time looking through all the websites, seeing which ones offer the API he needs, maybe stumbles upon Alice's API and decides to use it. Lastly, there is the competition issue. If Bob only has one option for his API provider, then his application is fragile. Every time Alice changes her API (which could be often) then Bob must fix the now broken data coming into his site. If instead Alice, Fay, and Georgia are offering the Bitcoin to Dogecoin price ticker API, then Alice better treat Bob, Charlie, Dan, and Ethan well or they will choose to switch providers to Fay or Georgia instead. In summary, Ease, Discovery, and Competition are really critical here. A similar example we can look at in the real world is why Overstock.com (a huge company) doesn't just do their own bitcoin merchant services. Why use Coinbase or Bitpay? Overstock could do it themselves. But ease, discovery and competition play similar roles in that decision too. So if Coinbase charges a 1% fee or has me use Coinbase token either way its easier for Overstock than doing everything themselves. The above is from https://github.com/APINetwork/FAQ (https://github.com/APINetwork/FAQ) I find these explanations unconvincing. Accepting bitcoin is conflated with fiat payment processing. There is no explanation of why accepting this new cryptocurrency is different from accepting bitcoin. The opening statement about payment processing overhead is spurious and nonsensical. Discovery is a non-issue. A directory website solves this. Competition. How does creating a new fiefdom where an immense amount of new currency units are controlled by a small group foster competition? There is also another spurious assertion being made that somehow this platform will remove the possibility of an API changing over time or going offline. Paying for API access with cryptocurrency sounds reasonable. Doing so with microtransactions makes sense, and this is something to work towards. I will track this project over time but I am not convinced of its promises or viability, especially considering the content of the above FAQ item. There is this underlying thread of promotion as sort of a proof of API system that doesn't really make sense. Different proof of resource schemes (proof of storage, proof of bandwith, torcoin, etc.) may very well have credible reasons for the creation of separate cryptocurrencies. I don't see the same holding true for what is essentially an API directory. Anyone with an API can already easily create an automated pay-to-use structure with bitcoin. Your api key is the public address from which you sent payment. Your service turns off when you run out of credits. Buy XAP address: https://blockchain.info/address/12Stz3hoF1sY9J12GyMhsAGBa16vWrmufG (https://blockchain.info/address/12Stz3hoF1sY9J12GyMhsAGBa16vWrmufG) 73 transactions, 61 BTC Yet their twitter feed states that $5M USD was raised last year: https://twitter.com/dai_truong/status/404798495669764096 (https://twitter.com/dai_truong/status/404798495669764096) I'm sure that there's something I've misconstrued about these two events. Does anyone have insight into what's going on there? I would also be curious to hear from some investors in the coin IPO as to why you think that this might be a viable platform. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: jubalix on July 18, 2014, 10:03:59 PM so given the were expecting x thousand BTC....will they have enough to dev this api coin?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: lojsn on July 19, 2014, 11:23:24 AM I have sent BTC from blockchain.info wallet that has a private key. Why I don't get my XAP.....I was so nervous :'( :'( :'( :'( :'( :'( :'(
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on July 19, 2014, 12:59:36 PM I have sent BTC from blockchain.info wallet that has a private key. Why I don't get my XAP.....I was so nervous :'( :'( :'( :'( :'( :'( :'( Man, you can check your XAP in https://www.omniwallet.org Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on July 19, 2014, 01:01:09 PM Copied the below information from http://buyxap.com/
The API Network Crowdsale is now complete: Thank you everyone for participating. XAP are being distributed, please check your Omni Wallet via the address you sent the BTC from in order to see your XAP tokens (use a Chrome browser). Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on July 20, 2014, 05:22:17 AM @DEV, it's better to spend some time to take care this ANN thread, it can spread awareness over this most important community in the crypto world.
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: loveyouforever on July 21, 2014, 08:57:52 AM I missed the presale but I want to buy some now, where can I do?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: lojsn on July 22, 2014, 01:29:51 PM WTB xap, pm me your price and the amount.TKS Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on July 23, 2014, 05:53:25 AM WTB xap, pm me your price and the amount.TKS Here you go - https://poloniex.com/exchange/btc_xap Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: lindkuj on July 23, 2014, 06:35:01 AM low market cap and the beautiful WEB. however, why the DEV focus on the BTT
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: gagalady on July 23, 2014, 07:12:50 AM WTB xap, pm me your price and the amount.TKS Here you go - https://poloniex.com/exchange/btc_xap How's the current price compared to IPO ? is it low or high? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on July 23, 2014, 09:00:26 AM low market cap and the beautiful WEB. however, why the DEV focus on the BTT Sir, DEV are very busy on the development.Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on July 23, 2014, 11:43:13 AM WTB xap, pm me your price and the amount.TKS Here you go - https://poloniex.com/exchange/btc_xap How's the current price compared to IPO ? is it low or high? This is the original XAP IPO plan http://res.cloudinary.com/hrscywv4p/image/upload/c_limit,h_900,w_1200/g1dl0ftpvnop0jjq6taa.png Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: newpeled1986 on July 24, 2014, 10:59:03 PM hey,
I sent 1 btc to the crowd sell address, transaction ID: https://blockchain.info/tx/4f424d848fc0bf867f5f4558fc61369b5bab28a55238ea2b2789b53777f826cb but I don't see I have XAP coins in that address when I open my Omniwallet. please help! Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on July 25, 2014, 06:51:18 AM hey, I sent 1 btc to the crowd sell address, transaction ID: https://blockchain.info/tx/4f424d848fc0bf867f5f4558fc61369b5bab28a55238ea2b2789b53777f826cb but I don't see I have XAP coins in that address when I open my Omniwallet. please help! This: Quote Attempts to send funds to the API "Address" on or after 11 AM (central time) July 18th 2014 (as determined by bitcoin block chain records), will not be considered APICoins purchases and shall be sent back to the originating Bitcoin wallets in the form of Bitcoin minus transaction fees. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: newpeled1986 on July 25, 2014, 08:03:25 PM hey, This: I sent 1 btc to the crowd sell address, transaction ID: https://blockchain.info/tx/4f424d848fc0bf867f5f4558fc61369b5bab28a55238ea2b2789b53777f826cb but I don't see I have XAP coins in that address when I open my Omniwallet. please help! Quote Attempts to send funds to the API "Address" on or after 11 AM (central time) July 18th 2014 (as determined by bitcoin block chain records), will not be considered APICoins purchases and shall be sent back to the originating Bitcoin wallets in the form of Bitcoin minus transaction fees. Thank you for your replay - My mistake. so when are they going to send my 1 btc back? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: Wumm on July 25, 2014, 08:15:33 PM so when are they going to send my 1 btc back? If they send it back, you should be grateful that they don't give you back 0.45BTC to reflect how much you'd have left if they'd let you buy ;DTitle: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: newpeled1986 on July 27, 2014, 12:46:22 AM so when are they going to send my 1 btc back? If they send it back, you should be grateful that they don't give you back 0.45BTC to reflect how much you'd have left if they'd let you buy ;Dupdate: I have PM fordlincoln and sent an e-mail using http://www.buyxap.com/#message-us. no reply so far. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: yweetot on July 27, 2014, 12:50:55 AM You can contact the coin-ga.me. On their platform. Also play games ::)
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on July 27, 2014, 03:30:48 AM @DEV, you should take care of this thread not just on development.
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: frankkkkkkk on July 27, 2014, 03:37:50 AM it is too hard to catch you
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: Geenstijl on August 07, 2014, 09:39:58 PM Where can i find updates about this project??
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: statdude on August 18, 2014, 10:20:38 PM Dead? lack of updates. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: tobeaj2mer01 on August 19, 2014, 08:24:53 AM It's not dead, XAP will be used later.
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: statdude on August 19, 2014, 05:32:44 PM Later?
LOL Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: statdude on August 31, 2014, 02:52:50 PM Polo, delist this garbage
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: Geenstijl on November 27, 2014, 07:26:52 PM The Api Network is still evolving. CEO is giving several presentations, not a lot of words about the actual ApiCoin.
https://www.youtube.com/watch?v=3b_lPn28WJA Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on November 28, 2014, 07:01:55 PM I was surprised to see the buys that happened lately. cool ;)
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on June 18, 2015, 06:41:20 AM Whats new ? Was the project abandoned ? Would like to know what happened in the last six months..
Issued tokens and byebye ? Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: DragoStefan on July 14, 2015, 07:48:30 AM Coin delisting from polo... Where can I find a wallet?
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on July 15, 2015, 03:57:24 PM Coin delisting from polo... Where can I find a wallet? Don't you have an omni wallet ? - https://www.omniwallet.org Just send your coins to a bitcoin address that you have control of it private key and you are fine. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: DragoStefan on July 15, 2015, 09:25:12 PM No, I don't have an omni wallet, yet. So if I create a omni wallet there I can send the api coins there along with some btc or/and mastercoin? Thank you for helping, answering and forgive me again for my reaction!
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on July 16, 2015, 04:30:58 PM No, I don't have an omni wallet, yet. So if I create a omni wallet there I can send the api coins there along with some btc or/and mastercoin? Thank you for helping, answering and forgive me again for my reaction! Yeah, you can either import a private key or create a new address, you just need a small amount of btc in that address to be able to send those coins later on.. Just don't forget your wallet ID and make a strong password. (or if you have the private key in backup you will be fine..) Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: DragoStefan on July 19, 2015, 08:12:11 PM Thanks!
Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: MbccompanyX on November 13, 2015, 09:47:48 PM Thanks! You know that you revived this thread with a single word post? is a miracle nobody even tried to report the post to get reported. Anyway i suppose that because there isn't any answer this coin is 100% dead and not dead only as economy.... Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: mishax1 on November 14, 2015, 06:47:49 AM Thanks! You know that you revived this thread with a single word post? is a miracle nobody even tried to report the post to get reported. Anyway i suppose that because there isn't any answer this coin is 100% dead and not dead only as economy.... Ironically, you are the one revived the thread after 4 months of inactivity. Title: Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace Post by: MbccompanyX on November 14, 2015, 08:34:55 AM Thanks! You know that you revived this thread with a single word post? is a miracle nobody even tried to report the post to get reported. Anyway i suppose that because there isn't any answer this coin is 100% dead and not dead only as economy.... Ironically, you are the one revived the thread after 4 months of inactivity. Well but the one who started all was mishx1 anyway and somehow i wanted to see if he knows why he did it. and anyway the problem is that i wanted to do a check because the list of deadcoins posted from bit1 lost his credibility and i'm worried that even more alive coins are listed on that list |
