Price drops are perfectly normal when you have huge run-ups in price. It's quite healthy actually.

Lots of actions will earn activity points in Narrative - creating content, voting (up-voting/down-voting content, voting for moderators, approving niches), commenting, tipping, etc.  And keep in mind that the rewards you earn will be influenced by your reputation. Thus, a low reputation user will not accumulate as many points/activity rewards as a higher reputation user.

Bottom line, though, the more that you contribute, be it posting content or providing feedback via votes, and other mechanisms, the more points you will earn and the larger share of the activity rewards pie you will receive.

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No worries!  It's not for everyone.

Big News!

One of our advisors, Christopher Penn, was named Measurement Expert of the Year for his work measuring social sharing.

http://www.prnewsonline.com/chris-penn-measurement-expert#.WjrXZlytNNc.twitter

Chris will be adding tremendous value to Narrative, with his expertise in content marketing.  We want to make sure all Narrative users have the tools they need to promote their content and measure the overall reach of their content.

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If you have not done so, please join our Telegram group:

https:/t.me/narrativenetwork

Hoping to see you all there.... and HERE, of course.

New article about how we added Sergey Vasin (COO of Blackmooncrypto) to our Advisory team:

https://www.cryptocoinupdates.com/sergey-vasin-of-blackmoon-crypto-joins-the-advisory-board-of-narrative-the-content-creation-platform-where-users-make-the-rules-and-pocket-the-money/

We're big fans of Blackmooncrypto and are excited about having him join us.

Yes, Japanese will be a very important addition.  Thanks for your input!

Thanks, Khala.  Please let us know if you have any questions.

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Today, we posted details about timing of our Token Sale here:

https://blog.narrative.network/narrative-private-pre-sale-and-updated-schedule-8aa0142c54b6

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Me too! 

I like your spirit, Diggity!  Soon you will have tokens.

Hi Nirre55--

The initial rollout will support English only, but we plan to support many more languages over time. Our goal is to add a new language each quarter, after the initial release.  Currently thinking that next languages will be Spanish, French, German, and Japanese (not necessarily in that order).  But we also want to support China and India markets, as well.

Each language will have its own domain, with its own niches and channels, while sharing the same user base.  Thus, as we add a new language, the number of supported niches and channels will multiply.

Does that answer your question? Was there a particular language you want to see support for?

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I can easily see that kind of marketplace developing on Narrative... meaning that users could solicit content creators to post on their brand channels, for instance.

The tips system built into Narrative would be perfect for that sort of thing.  You could use tips to request someone to post content you are seeking, for instance. We've even talked about the concept of a tip jar where multiple people could tip to encourage someone to create a particular piece of content.

Niche owners cannot moderate their own niches.  In fact, owners do not have any special powers in terms of content management- only the moderators do. The owners do nomiate their moderators, but the members actually elect them.

Tokens will be released AFTER the token sale officially ends (after phase 3 is completed). Michael provided the token sale dates above.

Cut out the middleman.... EXACTLY!!

I really like NEO as a short-term and long-term play.  First off, it has many competitive advantages over Ethereum - quantum resistance, faster processing times, support for more programming languages, to name a few. And with a market cap of only $5 billion, it's relatively cheap compared to its competitors. If it even gets the Chinese governments formal blessing, it will explode. 

Not investment advice, here. mind you. Just telling you what I personally think at the moment.

Do your research.  Read the white paper (most important in my opinion)-- it tells you so much more than the website can. If the white paper makes sense and excites you in any way, then continue your research.

Take a long look at the team - do they have solid/proven experience? 

Do you understand the business model? If not, pass. If so, dig even deeper and ask questions of the team. 

There are a lot of great projects that I have found through ICOs, and a lot that are just totally nonsensical.  If you do your homework though and take your time, you can definitely find winners.  Just remember to only invest what you can afford. Do not bet your house on any one project/ICO.

Best of luck to you!

It's to be expected. Bitcoin has had a huge run up. Noting goes straight up forever.  Don't worry about short term.

We have general roadmap listed on our website at https://www.narrative.network, but to summarize:

-- We will be licensing technology from our other company (Social Strata) to jumpstart overall development of the platform.
-- We will be launching network in Q4 2018- in English only first. Ads also will not be supported initially.
-- A month or so later, we add support for advertising (and our ad system will respect user's privacy... user's must choose to opt in to share profile info and if they do they also qualify for recurring rewards)
-- Then we start a series of rollouts (one per quarter approximately) in other languages-- Spanish, German, French, Japanese, etc.  Each language has its own domain (its own niches and channels), while sharing the same overall membership.  This will amplify the total number of niches/channels in the ecosystem of course, as a result.

We've been building enterprise platforms focused on user-generated content for nearly two decades, so we are quite confident in meeting these deadlines.

Hope this helps!

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Great question!  Yes, we do plan to have importers available when the platform launches. We want to make it as easy as possible for content creators to being their existing content into Narrative.  I'm not sure which content platforms will be supported yet, but our goal is to support most of the major ones. 

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Thanks, Billionic!  Please join our telegram group to keep in touch with us!

https://t.me/narrativenetwork

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You rock! 

Please tell your friends so we can make Narrative a huge success.  We appreciate your support!

Anyone who contributes 10 ETH or more in our Token Sale will earn Founder status, which conveys some really valuable perks.

1.  First Dibs on Niches

Niches are valuable real estate in Narrative. They are the unique subjects that users post to. Think "Los Angeles Lakers" or "World of Warcraft", etc.  And each niche has an owner, someone who purchases it (just like a domain) and shares in the revenue earned by the content it contains.  Each Network Rewards payout period, 10% of the rewards are paid to these niche owners.

Thus, the more popular niches will likely earn the most money.

When the network launches, we're going to give all Founders a 48-hour head-start on locking up niches.  There will be a limit on how many each Founder can reserve, however.  This gives Founders a significant advantage in securing the very best real estate in Narrative.

2. Lifetime Activity Points Bonus

Members accrue activity points as they do things in the network (like post new content, comment, vote, etc.)  And Narrative rewards all participants by paying 8% of all Network Rewards to users based on their Activity Point totals. The more you have, the higher the payout.

For the life of their network account, Founders will receive a 10% bonus for all activity points they earn each reward period. That means a higher share of Activity Rewards payouts.  

3. Exclusive Access to Our Team During Development Phase

We’ll be setting up a private space online after the Token Sale ends and this area will only be accessible by Founders. You will get sneak peaks at new developments and overall platform development.

Hi sashadoc-

We compare Narrative to Steemit in our white paper: https://assets.narrative.network/documents/narrative-network.pdf

So definitely, check that out, but let walk through some of the differences:

1.  Steemit does not have a complete content economy and its model is relatively simple.

With Narrative, we have a deep model for tracking and rewarding participation on the network.  That model also factors in user reputation and content ratings.  For example, an up-vote or down-vote in Narrative has more impact if the person has more credibility/higher rank in the community.  And we track more types of participation, qualifying more users for rewards.

2.  Multiple Tokens vs. One Token

Steemit has a fairly confusing token model, featuring multiple tokens, each with a different role/purpose. Narrative has one token.

3.  Content Search

Search in Steemit is primitive. It has to be because current blockchain technology is not built for the kind of indexing associated with content.  Narrative takes a different approach with the content, not storing the content itself on a blockchain, allowing for enterprise-class scalability and search.. .and allowing us to compete with the dominant social networks.

4.  Moderation

In both systems, users have autonomy, but in Narrative we add a moderation layer, whereby the community elects moderators (who are also compensated via the rewards system) to ensure a good experience for everyone.  Even better, all moderator actions are transparent, so they are also accountable for their actions.

5. Niches

Narrative is introducing a whole new type of content channel type called niches. For more on that, see: https://blog.narrative.network/niches-a-new-paradigm-for-social-media-2058351b843d  Niches are unique subjects and each niche has an owner, incentivizing upkeep of each such area (and providing rewards for the owners, as well).

6. Not Just For Cryptos

If you want rewards in Steemit, you ultimately need to have crypto.  Our goal with Narrative is to get WIDE adoption so we can compete with the established leaders (Facebook, Medium, Wordpress, etc.). For that reason, we will support letting users cash out their rewards in fiat currency (and even allowing advertisers to pay in fiat).  There are incentives to use crypto (you pay a premium to use fiat), but we want to reduce the barriers to entry for everyone.

There is more detail in the white paper, and I think if you read it you'll see that Narrative is a radical improvement over SteemIt. That's not to knock SteemIt, either. SteemIt has proven that user-autonomous, crypto-based social media platforms can work.

I hope this helps! 

Re: caps---

We are selling a maximum of 65 million tokens and the token sale price is $0.62, so maximum would be $40.3 million. However, because we are selling a certain amount in Early Bird and Pre-Sale before then (and the price is lower in those phases), the most likely raise is between $33-37million. 

For Early Bird, we are limiting total contribution to 6500 ETH. Pre-Sale will close once we raised a total of 60,000 ETH (across both phases).  If both of those phases sell out, then the total raise will be lower because of the lower token prices in the earlier phases.   Hence, we expect a total sell out to raise between $33 - 37 million. 

The other variable that prevents us from giving a more specific total is that the ETH/USD exchange rate that will determine the number of tokens issued per ETH will not be locked in until 24 hours before the token sale day. This is similar to the way Blackmooncrypto handled their token sale.

Hope that helps!

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We've just published a blog post about Niches, which are a major part of the Narrative concept: https://blog.narrative.network/niches-a-new-paradigm-for-social-media-2058351b843d

Note that niches are unique subjects (created by network members) within the network and each niche has an owner, who earns revenue based on the popularity of his niche(s). 

We'll also be talking about Founder status with Narrative soon... Founders will have a 48-hour jumpstart on creating new niches when the network launches, which will be a significant advantage in the land grab for popular subjects.  Founder status will be given to anyone who contributes 10 ETH or more in the Token Sale.  More on Founder status later.

Just wanted to clarify that the website you see now is just a placeholder. The real (complete) site will be rolled out in the next 10 days or so.