Oben steht alles dazu was er kann oder wofür er da ist, es ist kein Coin sondern ein Token. Dort steht btw auch das er erst ab dem 29.10 verkauft wird.
na dann. Mir persönlich zu wenig Infos. Ist ja super wenn es mal so läuft. Bis dahin hällst du den Token, der Dir null Profit bringt, es sei denn du findest jemanden der die mehr dafür zahlt. Wann kann ich diesen Token in Blocknet Anteile tauschen? Ganz ruhig leute, 7 Tage to go.. die arbeiten gerade an nem weiteren Whitepaper ! Wird noch mehr Infos vorm IPO geben. |
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Question:
1. Where will the coins be stored after ICO?
2. Who is managing the funds after the ICO?
3. Has every Coin the same Voting Rights for Decisions?
Thanks.
4. Moreover it would be cool to have a list of Coin Representatives (Main Dev of the Coins) so everyone could see there is POD! (I know it but other people don't maybe..)
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Is there any Exchange for Gridcoin 2 ? Why isn't it again on Bittrex?
What is the progress here?
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Wrong Blocknet is the Hosting.
XC, Fibre, Swift and all other coins are the "APPLICATIONS" .
Applications can make money.
Money can be shared.
Shareholders are Blocknet
Shareholders are Coins Participating
Shareholders are Maintenance Fees
That is my summary. And if I am honest I am looking forward to that. That gives a lot of possibilities. |
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EXCL coin
Ich sag mal Danke. Aber woher kamen die Infos? Insider?  |
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Wrong Blocknet is the Hosting.
XC, Fibre, Swift and all other coins are the "APPLICATIONS" .
Applications can make money.
Money can be shared.
Shareholders are Blocknet
Shareholders are Coins Participating
Shareholders are Maintenance Fees
That is my summary. And if I am honest I am looking forward to that. That gives a lot of possibilities. For some newbies who don't understand Blocknet like me in the beginning. |
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Nice idea.
Worth it to invest!
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My Blocknet Summary:Wrong Blocknet is the Hosting.
XC, Fibre, Swift and all other coins are the "APPLICATIONS" .
Applications can make money.
Money can be shared.
Shareholders are Blocknet
Shareholders are Coins Participating
Shareholders are Maintenance Fees
That is my summary. And if I am honest I am looking forward to that. That gives a lot of possibilities. Feel free to correct me if I got something wrong. Why is this very good for us? Because Shareholders get money.
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A little summary for some important questions and answers :
Blocknet fees have to be paid in something right?
We're offering the community a chance to earn Blocknet fees by owning shares (tokens).
In return, the Blocknet gets development funding.
You're right, Blocknet tokens are not used for currency conversions.
They're used to allocated fee-revenue to holders.
They're also used to express the value of the Blocknet.
And, lastly, they're used to enable community-ownership of Blocknet assets.
Personally I'd love some proof-of-concept code to be released prior to the ITO.
Part of the XBridge code is actually completed so this might be possible.
Regardless of that, the XBridge protocol is based on the Xnode protocol that XC uses. If anyone is worried about development talent or the ability to deliver, take a look at XC's timeline.
Now pool all the developer talent from all the participating coins.
This code will get nailed down good and proper. You're right. All current participating coins are included for their genuine (and relevant) innovation.
Personally I'm not averse to large user-bases by any means though. :-)
Thanks for the summary, but I still don't understand what would Blocknet take fees for if not currency conversion. This way it seems like just another coin with own blockchain and ability to interconnect other blockchains. Wrong Blocknet is the Hosting. XC, Fibre, Swift and all other coins are the "APPLICATIONS" . Applications can make money. Money can be shared. Shareholders are Blocknet Shareholders are Coins Participating Shareholders are Maintenance Fees That is my summary. And if I am honest I am looking forward to that. That gives a lot of possibilities. |
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In the OP you state that if less than 2500 BTC is invested you will still proceed with the project. What is the bare minimum? Why do you need more than the minimum to proceed with the project? If you can do the project with 1000 BTC reduce the size of the ITO and make outside investors more happy. No need to talk about profits and other shit.
Good question! |
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^^ Thanks Mxxxxxx!
Dont forget you get a 10% discount on the ITO price when purchasing with participating coins. There's surely some profits to be made on the deal.
Regards
Killa
FIBRE ThreadFibre Twitter purchasing this coin is a good investment. Of Course good price and 10 % discount |
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I'm sure this question was already answered, but I can't find the answer....
So half the profits go to buy coins off the market, but then what happens to those coins? Thanks!
those coins go to the TOP 50 shareholders. |
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all we have is a shop, so many other coins do, all failed. there was a reason why this fell back to 1400sats on c-cex. its just bittrex add hype. once that dies you better be out.
truth is not fud
We think the dump was just a result of a small pump, that happens everyday in cryptocurrency. And our shop will be a little bit different from other coins. For the time being we will only accept btc, doge, drk, ltc and a few other high volume coins. 50 % of our earned profit will go back into glowcoin and its top50 holders. Meaning no dumping from us on the markets to cash out on our sell. If all is succesfull, buy support on the Glow markets. Holders will be rewarded. When volume is at a stable level, we will accept Glow for payment, but still prefer other alts. So we dont hurt the market one bit, but only help the market  Depending on our future marketcap the top50 can eventually become a top 100, divided in 3 different reward systems Dont look at glow as a coin, but as a real company with shareholders. I hope this clears up your misunderstanding. Cheers I really like that idea! |
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I am a supporter of this initiative, but here's the elephant in the room.
I'm sure that I speak for most people when I say that for 2500 BTC worth of shares we would all like to see something running. A working prototype or some sort of demonstrable technology showcasing what we can expect of a final product.
If I was buying shares in a flying car, I would like to at least see something that could float in the air as a proof of concept.
You must be new here. See: Ethereum. They literally have in their terms that the software itself may never even come to fruition, and that's part of the risk of participating in their IPO. And yet it was wildly successful. I agree completely, but this is crypto, man. I highly doubt they'll make the 2500 from crowdfunding. What is more likely, is they have a couple people with significant bankrolls who can afford to buy out a significant share of the IPO. It's basically another way to hide a premine, they pay themselves some BTC for a significant portion of their own shares. Zero risk for them, big hype about zomg super successful IPO, etc. The logic behind this multi-coin association is completely flawed without a technological proof-of-concept, as you said - until then it's just another token used to benefit the insiders while diminishing value of its constituent partners (the other coins). They talk a good talk, and they *will* have a successful IPO sale - the question is can you believe any of it, and the answer, as we've seen time and again in crypto - is no. Investing in the IPO is not an investment in this product, rather it's a bet that the insiders of this conglomerate have the competency and intent to use their large bankrolls and obfuscated token marketshare to pump the price up to the x4 goal they claim will be inherently built into the design of this network. If they're savvy whales, that'd be pretty easy to do. Then they'll use that to sucker a new phase of buyers expecting the next rise, and so begins the tears for the not-so-savvy participants. So, my point is - we won't get proof-of-concept or a demo. They don't need to give it. If they're not idiots they've *definitely* got the resources between these coin teams to self-buy and pump their own fresh IPO. Just like every other one, it's gonna be a big cash in for the insiders, a solid profit for intelligent traders, and a long line of bagholders wondering when the next update is. Well they may show something, flashy. But now you see why Shadow chose not to be a part of this project, and why the shadow team voted the way it did. Why do you even need tokens or ipo. If you want a real decentralized exchange you use something like bit/black halo that allows direct cross-chain trading without using a token that has to be bought first. Common Smurf... now you really talk bad about Blocknet after that big discussion in Shadows IRC? That was not that easy that answer to not participate for ShadowCash and it was really not that BLACK and White. There are Pro's and Con's of Blocknet and ShadowCash can succeed without it but it could had also be beneficial for ShadowCash. IPO is not that bad deal because without money you don't have ressources for IT and Marketing / PR. Disclaimer: I am invested in Shadowcash for quite a time now.. |
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Guys Guys Guys...
only haters here?
Lets see it in a different way for coming investors:
1. Developer share their experience and create one big Blocknet which uses features of a lot of coins
2. What I understood there will be profit sharing Applications on the Blocknet (planned!) which give investors with a share some nice profit
3. This makes all coins only stronger because most of the coins cooperate already with each other
And honestly Don't reduce Blocknet to XC ... XC is a part, but if you look at SWIFT and Fibre you see competent developers working professional on a coin.. anyone who disagree with me on that point did not make his research !
Calling people haters you become one  Inteligent people have doubts. Regarding your arguments: 1) Sharing experience is very nive. However... Lots of coins is no argument. People not need many unknown coins, just a single good 2) Profit of what? Unsuable coins? Here whalenet argument speaks to me more 3) Repeating 1) and 2) I like the argument of cooperation, but what I see here is rather not understanding of people needs. That's why I have doubts in this project. Again, what people and also business needs need is: 1. a) single good coin, b) extremly safe, c) user friendly coin, d) pretty design 2. a) mobile wallet and b) messagin platform, c) maybe other features like cloud storage What people dont need is lots of coins and technology around they dont understand. They just want to make money transfer and pay for some goods easily. Thanks for your answer. Don't get me wrong with Haters but the positive things come really too short here. Profit Sharing Applications mean that there are Applications in the Pipeline which have Real World use and which will hopefully be used by people for money. That means this Blocknet is sustainable and can make its on profit. This is not like "ok lets throw coins together and we share the features" , the Devs have in my opinion already a nice Roadmap. Every Coin brings its puzzle into that. And as I said SWIFT as a strong coin or Fibre as a strong coin would not be involved in this here when there is no sense. Its all about execution in the end and I trust most of the Devs, I dont know all and I cannot speak about all here. If they get it "easy" , "usefull" and "real world adopted" then Blocknet can be really succesful. |
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nice prices
Coinmarket Cap around 220 |
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