What is this topic is still active even I forgot about this due to huge loss for investing in this project. You should post your own progress report instead of focusing on useless stuff still no big use case nor partnerships happened. Same here. Was shocked to see the thread up and a recent post from the team (albeit irrelevant to us who've been away for so long). Shorted out ages ago when it looked like development was going sideways. Still nothing much on development |
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BTC collateralized and calling it a stablecoin? The logical inference would be BTC = Stablecoin.
Does not compute
BTC is a very volatile asset. How is an asset collateralized on it anyway remotely stable, unless you're using another asset to hedge against the volatility or you've got a perfectly, functional crystal ball
You're absolutely right! I super agree with you on that point. So, this is what 'em say on their web: -I'm just quoting the explanation on their web related to your above post-To solve Bitcoin’s volatility problem, we will provide a Bitcoin-collateralized stablecoin using a three-party system:
We strip Bitcoin’s volatility into two separate tokens:
The Dollar on Chain (DOC), is pegged to us Dollar for risk-averse individuals
The BitPRO, a token for risk-propense Bitcoin holders seeking a passive income in BTC
The DOC tokens will be stable and pegged to the US dollar, such that each DOC token will have a value of USD 1. As these tokens will be entirely stable, they are a volatility-free asset that will perform the three functions of money mentioned above: a medium of exchange, unit of account, and a store of value.
................................................and so on Source: https://moneyonchain.com/solution/Sounds like another Rube Goldberg contraption. So, for the risk-averse, they have the option to peg this BTC-collaterized stablecoin to another stable coin called DOC, while the adventurous are just sticking to BTC by another name, Bitpro. There are numerous stable coins to chose from already, what makes DOC any different? The difference is that it is the first stablecoin with bitcoin as collateral with focus on decentralization and with every transaction made through smart contracts. And therein lies the problem. Focused on decentralization? What stablecoin is not focused on decentralization after all, they are issued on decentralized protocols. Yes, you can argue that they are issued by centralized authorities/entities, but are you not just the same? And smart contracts? I can't boldly argue all stablecoins have smart contracts, but I can certainly argue all stablecoins issued on Ethereum protocol do - USDC, PAX, TUSD... can even toss BUSD too despite being BEP2 |
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I guess that's part of the bad rate of the promotion?
Our presale failed indeed, the 0.4 ETH from the presale was actually mine, to check if the smart contract worked.
We didn't give up the project, we're trying to find the best strategy to come back!
Nobody wants a failure on their hands, however, the blockchain space is saturated at the moment and your idea really needs to either be that innovative, connect existing services together for seamless operations, or drastically improve the norm. There have been numerous other projects that have attempted the same thing you're proposing here with varying degrees of failure too. However, the biggest failure is asking just how viable the airdrop route is these days and most importantly, the tokens being utilizing this platform - what's their purpose again? |
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This reminds me of Forex Peace Army for Forex Traders. Since its inception it has proved to be highly effective in sanctioning erring brokers and making sure traders get justice. But that is a regulated market, I mean forex trading. Crypto industry is not regulated and it kind of throws out that question of, "HOW?" How are you going to ensure that fraudulent teams and developers get punished since we sometimes hardly even know the identities of these developers.
Money transmitter and unregistered securities are a common basis for prosecution and not just via the US SEC. Most ERC-20 based ICO have no utility during token sale and it often takes up to a year for those developing to have anything to show for it. Since it has no utility, it isn't that much of a stretch to argue security. Besides, most don't shy away from promising "profits" and calling it an "investment" especially through their PRs and social media |
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70% presale bonus? Pretty much sums up where this token is gonna head into once released. More concerned that a financial product will get the law of supply and demand so blatantly wrong in the design of their token sale.
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What makes this any different from Golem, Boid, Neuroneum - heck, you could even throw winminer and buddy.cloud into that mix too. The bottom line is we've had numerous other similar solution provider and none of them has made a runaway success of their attempts. What makes yours different?
There are a couple of startups, which try to decentralize or distribute different aspects of computing. Whereas we generally don't want to comment on individual other projects, most of these projects only focus on individual and very limited use cases. Usually these projects only allow their supported use cases. This heavily limits the usability of these projects for customers. HiveNet on the contrary focuses on mass adoption with flexible use cases. Customers will be able to request the computation of a wide set of tasks, which they can define. This is made possible, because HiveNet integrates artificial intelligence to distribute and validate these tasks even if the use case is not pre-defined. Thanks for the response. If you don't mind, could you kindly expand on what you mean by "mass adoption with flexible use cases" - possibly with some examples? I'm well aware of the fact that there are often limitations to what can be said due to NDAs and such. However, with every other project sprouting the same "mass adoption" line, the community often require more than words these days It's perfectly fine that you ask and we are very transparent with this. In fact we have discussed these questions to some extent in our White Paper. With regard to the flexible use cases, we have described that in chapter 7.1 "Customer Target Groups" and explain how this is achieved in the following chapters. With regard to the mass adoption on the computer owners' side, I can recommend the chapters 2.7 "User Experience" and 6.2 "Cash-out Options". Gone through the WP. Not much difference from the others. But then again, maybe it's my expectation and misuse of the word "use case". Was actually looking for adoption via preexisting partnership/business network pipeline rather than groundwork from scratch |
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Probably best to give the scam accusation section a look (and probably and introduction too).
Would also suggest getting in touch with ICOEthics and other luminaries of the community about polling resources together to go after scammers. Also hoping you will have ways for community to drop off accusations/suspicions
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What makes this any different from Golem, Boid, Neuroneum - heck, you could even throw winminer and buddy.cloud into that mix too. The bottom line is we've had numerous other similar solution provider and none of them has made a runaway success of their attempts. What makes yours different?
There are a couple of startups, which try to decentralize or distribute different aspects of computing. Whereas we generally don't want to comment on individual other projects, most of these projects only focus on individual and very limited use cases. Usually these projects only allow their supported use cases. This heavily limits the usability of these projects for customers. HiveNet on the contrary focuses on mass adoption with flexible use cases. Customers will be able to request the computation of a wide set of tasks, which they can define. This is made possible, because HiveNet integrates artificial intelligence to distribute and validate these tasks even if the use case is not pre-defined. Thanks for the response. If you don't mind, could you kindly expand on what you mean by "mass adoption with flexible use cases" - possibly with some examples? I'm well aware of the fact that there are often limitations to what can be said due to NDAs and such. However, with every other project sprouting the same "mass adoption" line, the community often require more than words these days |
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What makes this any different from Golem, Boid, Neuroneum - heck, you could even throw winminer and buddy.cloud into that mix too. The bottom line is we've had numerous other similar solution provider and none of them has made a runaway success of their attempts. What makes yours different?
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i always have to laugh @ these "Dex"s
your not really decentralized, if BTS went down your project would be dead instantly (single point of failure= not decentralized)
same as cryptobridge and every other bs'ing hype "dex"
id rather use something established like cryptobridge, but thx?
I agree with you, same thing goes for all exchanges based on Bitshares, including CryptoBridge. And I am not so sure even bitshare, cryptobridge and all of them are really dex, as it has been talked before. We are still waiting to see one good DEX exchange with real volume.... Maybe we are waiting for one more crash of big cex-es  Bitshares just doesn't do it for me. I find it too "clunky" to navigate and responsiveness leaves a lot to be desired. Makes me wonder why ppl still think they can make a thing out of it if they are truly after decentralization rather than another empire |
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Congratulations! Coinstantine ICO rating by ICOnow 77/100. Business: 17/20 Product readiness: 4/5 White Paper: 9/10 Roadmap: 8/10 Legal: 4/5 Team: 18/20 ICO terms: 2/5 Token applying: 4/5 ICO Promotion: 11/20 Please, check the your ICO page. If there are inaccuracy in the description, we will correct them quickly. Just send us PM or email ( m@iconow.net). Smart contract says they've only managed to raise under 0.5 eth since the presale started in July and their social media has basically been abandoned yet, you somehow managed to give it a 77/100 - giving business 17/20. Wow. Playing dice with numbers? |
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Didn't see any ETA regarding WP release/full tokenomics in the roadmap. Would be great if you could also provide social media links to the profile of the team members so that the community can start their due diligence right off the bat
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BTC collateralized and calling it a stablecoin? The logical inference would be BTC = Stablecoin.
Does not compute
BTC is a very volatile asset. How is an asset collateralized on it anyway remotely stable, unless you're using another asset to hedge against the volatility or you've got a perfectly, functional crystal ball
You're absolutely right! I super agree with you on that point. So, this is what 'em say on their web: -I'm just quoting the explanation on their web related to your above post-To solve Bitcoin’s volatility problem, we will provide a Bitcoin-collateralized stablecoin using a three-party system:
We strip Bitcoin’s volatility into two separate tokens:
The Dollar on Chain (DOC), is pegged to us Dollar for risk-averse individuals
The BitPRO, a token for risk-propense Bitcoin holders seeking a passive income in BTC
The DOC tokens will be stable and pegged to the US dollar, such that each DOC token will have a value of USD 1. As these tokens will be entirely stable, they are a volatility-free asset that will perform the three functions of money mentioned above: a medium of exchange, unit of account, and a store of value.
................................................and so on Source: https://moneyonchain.com/solution/Sounds like another Rube Goldberg contraption. So, for the risk-averse, they have the option to peg this BTC-collaterized stablecoin to another stable coin called DOC, while the adventurous are just sticking to BTC by another name, Bitpro. There are numerous stable coins to chose from already, what makes DOC any different? |
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Concerning the plagiarism accusation, are you going to publish another WP or?
Also, haven't seen your tokenomics details other than the allocation - which doesn't tell us what the total supply is and if there's inflation involved
Yes, WP will be completely revised and updated. Actually its being done now Splendid. Will keep an eye out. Final litmus test for the project. Would also be great if you can get some sort of independent party to review your code - signed NDA of course. Yes, it's still in its infancy, however, this whole plagiarism and dev identity snafu has the community very wary |
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Pixby seems like going to join the list of the Ethereum tokens that will empower the Freelancing Blockchain-Powered Blockchain which seemed to be a failure here. I didn't see any blockchain-freelancing platform having any success here on bitcoin talk but i would like to see Pixby doing something and changing that failure into a brilliant success.
Exactly the question I was asking and all I got was Pixby is the next fiverr. Guess what, all those other failed projects considered themselves the next upwork/fiver/freelance. They also had plenty of words to throw around, but not a single product insight - at least gigtricks and hiway were trying to tokenize an already existing platform. Guess the search continues... |
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Concerning the plagiarism accusation, are you going to publish another WP or?
Also, haven't seen your tokenomics details other than the allocation - which doesn't tell us what the total supply is and if there's inflation involved
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There's been so many freelancer/gig economy platform already - Canya, hirematch, ethlancer, blocklancer, hiway, canlead, gigtrick. Most are barely functional, majority have turned out to be vaporware. So, what makes yours any different?
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checked the team list. 6 members where 2 are community managers, 2 are marketing, 1 is the CEO and the other is John Q. Nice movie
Hello, Bowtiesarecool! You are right, there are plenty of platforms that didn't succeed in mass adoption. They failed because they didn't focus on functionality of their platforms, and creators barely understood the problems with existing freelance economy. PIXBY team took an in-depth review of the freelance industry and found the fundamental problems which are exit scams, high transaction fees, and not to mention the UI because most of crypto-asset based freelance marketplaces are terrible and not user friendly at all. At PIXBY we have found solutions for all of the mentioned problems. For instance, escrow payments will allow buyers to safely transact assets to seller without having to worry about not receiving the job, and another bonus of utilizing Blockchain technologies are Ethereum Dapps that will allow us to make royalty programs and reward based on users activities. As time goes, we will present the best crypto-asset based freelance marketplace the world has to offer. Hope this answers your question. Thanks for the response, but still doesn't address any of my concern. Proof is in the pudding they say and talk is cheap. At the very least, do show us a concept of your UI and what makes it different from others - assuming you don't have an MVP. Speaking of MVP, your basically treading the same path most of the others did without one. The only difference is they had the benefit of engaging a community that was not yet jaded by overpromising and underdelivering. Now that most freelancers are now wary of "yet another freelancer platform", it's going to take more than words to woo anybody over Bowtiesarecool, I like your pessimism lol....You are saying that if others failed, everyone would fail. For instance, stormX was successful with their microtasks mobile app and 1.5M downloads on play store, but you didn't mention it. The first sneak peeks preview of app is on the primary graphic above. More detailed UI with 20+ pages is to be released soon. Trust you'll love it Pixby is a Fiverr for crypto. Built in chat, escrow payments, 24/7 community support and most importantly PIXBY loyalty rewards that's what makes it enjoyable. Isn't it good to have an app where instead of paying high transaction fees, you would get a reward. I am waiting you in our telegram or discord chat, we will be happy to answer all your questions. Have a great day mate. Pessimism and cold analysis often get lumped together, but it's no biggie. However, comparing a project - stormx -that launched during one of the most optimistic bubble in recent time and lumping a 2+ years market sentiment with the bleaker realities right now is one of looking at it. |
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Soccer manager has my interest piqued - especially the shareholder and agent roles. Both comes across as a great way to earn passively without all the technical requirements needed to manage and field players. Signing up now
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There's been so many freelancer/gig economy platform already - Canya, hirematch, ethlancer, blocklancer, hiway, canlead, gigtrick. Most are barely functional, majority have turned out to be vaporware. So, what makes yours any different?
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checked the team list. 6 members where 2 are community managers, 2 are marketing, 1 is the CEO and the other is John Q. Nice movie
Hello, Bowtiesarecool! You are right, there are plenty of platforms that didn't succeed in mass adoption. They failed because they didn't focus on functionality of their platforms, and creators barely understood the problems with existing freelance economy. PIXBY team took an in-depth review of the freelance industry and found the fundamental problems which are exit scams, high transaction fees, and not to mention the UI because most of crypto-asset based freelance marketplaces are terrible and not user friendly at all. At PIXBY we have found solutions for all of the mentioned problems. For instance, escrow payments will allow buyers to safely transact assets to seller without having to worry about not receiving the job, and another bonus of utilizing Blockchain technologies are Ethereum Dapps that will allow us to make royalty programs and reward based on users activities. As time goes, we will present the best crypto-asset based freelance marketplace the world has to offer. Hope this answers your question. Thanks for the response, but still doesn't address any of my concern. Proof is in the pudding they say and talk is cheap. At the very least, do show us a concept of your UI and what makes it different from others - assuming you don't have an MVP. Speaking of MVP, your basically treading the same path most of the others did without one. The only difference is they had the benefit of engaging a community that was not yet jaded by overpromising and underdelivering. Now that most freelancers are now wary of "yet another freelancer platform", it's going to take more than words to woo anybody over |
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Hi, thank you for your info. We have found this developer recently and after chatting with him in Linkedin, he was accepted.
Your answer not proof anything, your team photo was had different name, and one of them is detected as AI generated. I don't think you are really chatted with person you say. Even you send me history of chat, all people can create fake account, fake chatting etc. as electronicash say, you need to give real data. This is sort of flag that gives one's thought for pause after spending this much time trying to wrap my head round the WP. Was trying to understand if all this whole Kappi talk was all about a layer 2 interoperable plugin for blockchain, but now... |
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