|
Swap SPRTS to AUX on swap.auxilium.global until 14th August 23:59 CEST.
|
|
|
|
I personally do not have enough in the project lack of white paper and information about the team and their honest and happy faces.
Everyone is free to swap to Auxilium, or to stay with Sprouts.  |
|
|
|
nice move, dumping all your swapped sprouts... what a shitty move.
Hello @dellzxd, Auxilium will never dump Sprouts, and knowingly hurt the market. We have said this before. This has never been our intension, and still is not. We have started Auxilium as Sprouts holders for the Sprouts community. I have had a look at the market just now, and see someone (not us) is trying to dump 237 billion SPRTS on the market at once. This kind of behaviour indeed hurts the market. I think it is very likely this is a long time Sprouts holder who wants to sell for DOGE, so he/she can buy Bitcoin, in order to be there for the next bullrun. Like many people, resulting in more small coins going down, because people rather invest in Bitcoin now. Important in this scenario is: Sprouts has had an hard fork, which took away the 2% daily interest. Someone with 237 billion SPRTS could have been someone who could live from Sprouts interest, and now all of a sudden sees the interest/his living nearly totally disappear, without the hyperinflated supply problem solved, which leaves this Sprouts holder with a giant bag of Sprouts on a DOGE market with very low trade volumes (high supply - low demand = lower price). Again: not the Auxilium team you have to worry about when thinking about dumping on the market. We hope people who stay with Sprouts see better days soon and that the HF pays off. But for now the result of the HF is, just have a look at the Sprouts Bitcointalk (just an observation, no guessing: https://bitcointalk.org/index.php?topic=3451062.new#new), a lot of disappointed people, and confused people who did not know about the hard fork (and lost their Sprouts, because of cross-chain transactions). People are talking about bringing the old Sprouts back. All of this negativity can not be good for a coins value can it...? We still on a daily basis support people with their questions about Sprouts, the Sprouts wallets, etc. Wish you all the best, Kind regards, Anton Auxilium Team |
|
|
|
Great. Sprts is super cheap now  I will buy more to swap It is indeed a very low price now. Don't forget to buy on the DOGE market instead of BTC market, because of huge price difference. https://www.coinexchange.io/market/SPRTS/DOGE |
|
|
|
Is this your project? https://bitcointalk.org/index.php?topic=3451062.0. so you will no longer support your old project? and will focus in this one? As i observed on your ann thread that there will be no mining stage for us miners?  and in order for us to get aux is to swap from sprts to aux or buy some aux on your ico? can we have a clearer explanation please. Hello No, Sprouts is not our project. Auxilium however is created by Sprouts holders for the Sprouts community as an opportunity to swap to a brandnew blockchain as Sprouts was (when we started this movement a year ago) abandoned and started hyperinflating. We indeed do not offer mining. Mining is very unfriendly for the environment. PoA offers equal % interest per month for those simply holding AUX on the blockchain. We are swapping from SPRTS to AUX now on swap.auxilium.global. Using our own swap platform. This is not an ICO. More information on the Auxilium project, philosophy, goals, code, etc. can be found on auxilium.global or forum.auxilium.global. |
|
|
|
Is there more information about this swap,
or maybe some link to join.
What exchanges will support this swap ?
Thank you in advance
Hello We are swapping from SPRTS to AUX now on swap.auxilium.global. Using our own swap platform. We are currently busy contacting exchanges for listing of AUX. More information on the Auxilium project, philosophy, goals, code, etc. can be found on auxilium.global or forum.auxilium.global. |
|
|
|
I will mark this announcement. SPRTS to AUX and it is with PoA and AID platform, seems nice. Will you provide bounty?
Hello, we are not providing any bounties at the moment. We are swapping from SPRTS to AUX now on swap.auxilium.global More information on the project, philosophy, goals, code, etc. can be found on auxilium.global or forum.auxilium.global. |
|
|
|
|
Hello,
I have read the whitepaper. And although you have redirected questions to the Discord I am going to send them here, because our communication started on here.
To keep everything open and transparant I think it is good to have all answers out in the open.
I think the following questions will be similar to those of other members of the Sprouts community and therefore important to have answered with most detail.
1) You mention that you will first have a round of questions and then will have a community vote. Where will this community vote be held? Is this community vote open/accessible for all people of the Sprouts Community? Is the vote binding (so, if the community says "no" will the hard fork be cancelled)?
2) An hard fork means you will be forcing everyone holding Sprouts to get onto the new chain. Otherwise they will lose connection and will not be able to trade their Sprouts. How will you make certain this information is wide spread? How will you make certain that there will not be confusion on which Sprouts are on the hard fork chain and which are not? Worst case scenario people will buy old Sprouts on one exchange, that is not affected by hard fork implementation. Conclusion: buying a coin that is not officially tradeable as Sprouts.
3) I do not think the new reward is fair.
Scenario: someone sets up 1 million accounts with each 1000 Sprouts. This would mean someone will have more accounts trying to win the reward. However someone with 1 account with 1 billion Sprouts has the higher probability you could ask yourself if there is enough certainty to say the network will stay as fair. I do not feel it is fair that someone with 1 dollar investment can reach the same amount of reward as someone with 1 million dollar investment. I understand the probability is higher, but PoS (proof of stake) originally works: the more you hold, the higher the stake, the higher the rewards.
4) From the whitepaper I still do not have a clear idea how Sprouts dev team is going to create this high of a demand to pump 8 trillion Sprouts around. It is already hard enough for coins with 100 billion supply to increase value. And these coins normally have millions of funds allocated to marketing, research, etc.. How is Sprouts going to accomplish their goals with this big of a disadvantage?
5) You even state in you whitepaper that Sprouts will be worth more. I do not see this happening, not significantly anyways, without significantly lowering the supply. Supply and demand. There is far to much supply and far to little demand. In line with question 4, from an economical standpoint how does the team approach such matter?
Thanks for your reply.
All the best with the project.
|
|
|
|
Hello, Good to see there is a new thread for Sprouts, as indeed the old one was full of old information. In terms of clarity I have a few questions as a Sprouts holder, in line with questions asked by others from the Sprouts community. I am asking as a Sprouts holder, not an Auxilium team member, who has some questions that popped up within the community the past weeks. And I am addressing these questions here, because there seem to be no other official transparant channels where I can contact actual people (i.e. no groupchats or people acting under an alias) behind the project. 1. "For this reason, we are considering hard fork and swap to new currencies in parallel." - could you please elaborate what is meant by this, as it can be interpreted that you will be offering some kind of swap to a different currency, or even multiple different currencies (i.e. not Sprouts). A. Follow-up question 1: not long ago there were messages that the Sprouts development was taken over by the Japanese community, and that the team who opened up this new thread, was no longer actively developing Sprouts. After months of work it could be said this is true, as the goals (altering total supply and PoS), which are very doable with this excisting code, have not been reached. Who are active on the development of Sprouts? One team, or multiple teams? B. Follow-up question 2: Sprouts community members have read about a possible swap to for instance Trinity coin, which is a dead/inactive coin that might be used for a swap. Is this one of the currencies you are aiming at 'point 1'? C. Follow-up question 3: If you are performing a swap from Sprouts to a different cryptocurrency, isn't that a bit hypocrite as to date this team always have said a swap to a different cryptocurrency (for instance Auxilium) is a scam? Why should people trust a swap of your development team, but not another development team? 2. The main problem seems to be the total supply of Sprouts. The total supply makes it impossible to compete within the Bitcoin market, and it already struggles to compete within the Dogecoin market. Lowering the PoS rate will indeed slow down hyperinflation, but the damage is already done. Sprouts is hyperinflated. How is the hard fork, without lowering the total supply, going to solve this issue? 3. After all the years that Sprouts has been online it never has seen a whitepaper, team introduction (and not only people behind their computer screens), good working website, etc. Is there going to be a change in this? 4. Maybe even the most important question: "we will carry out the hard fork" - who is we? I think the community would like to know who is planning an hard fork influencing peoples cryptocurrency/money. What is the background of these people, what is their experience, have they ever had successful projects in the past or maybe even non-successful project (i.e. what is their trackrecord)? 5. If there is a swap, what will the swapratio be, and how will this affect the value of peoples holdings? How will the team (try and) maintain and/or improve the value of the holdings of those holding Sprouts? If you consider burning Sprouts you will have to have a solid plan with analysis to back this action. Because if the swap has a negative outcome for the value there is no way back; the Sprouts holdings will be burnt. 6. Also mentioned by yourself: is it even legal to perform an hard fork on a cryptocurrency? Do you have consent of the owner, do you have consent of the majority community (as this is a community based coin)? Thanks for answering these questions. A lot of community members will find this very helpful as there is hardly any core information available on easy to reach sources. Kind regards, Thank you for good questions. I am sorry that the answer was delayed. In countries excluding Japan, our announcement was not enough. we think it should be improved. Since last month, we are releasing the official announcements in English/Japanese at the same time, but it is true that there was a lack of explanation in English. (like you asked us a question.) To some of the questions you asked us, we already have concrete answers but not published yet. We are planning to announce them by May 13. The answers are based on the contents announced mainly on the official announcement and the official Community on Discord(JP)
Question1 : Are you considering hard fork and swap to new currency in parallel?Within the official announcement on March 13, 2018, we have expressed the following view: 1, we will carry out the Sprouts hard fork 2, There is a possibility of swapping to the new currency. Currently, we are developing HF. It is clear if you look at announcements we released after March. Swap to new currency is NOT our aim, our aim is to realize the concept. We should choose if we run it on Sprouts or in a new currency(swap). If Sprouts can be revived, we will execute with Sprouts. If it becomes difficult to revive Sprouts, we will consider shifting to the new currency. A. Follow-up question 1The Japanese team is developing Sprouts. However, we do not emphasize the development of the currency itself. We value emphasis on actual use such as event and function development on other Discord, or events linked with other currencies etc. (This is a very different part from Auxilium pursuing currency functions such as Smart Contract.) The Japanese management team is one team. about 20 to 30 people are enrolled in the management team. Actually, 80% are playing a role of actual use other than currency function, and development of Sprouts currency is carried out with about 5 people. B. Follow-up question 2As mentioned above. We aim to realize the concept that we think. It is not decided whether to use Sprouts or new currency(swap) as means. Priority, we aim to revive Sprouts first. C. Follow-up question 3:As mentioned above, new currency is not under development yet. Regarding the confidence of the development team, we think that we are confident in the current situation for the Japanese community through development of various functions on Discord, alpha version testing of exchanges with other currencies, and so on. The appeal to overseas may be insufficient, but we will be exposing in various ways in the future and getting confidence.
Question 2 Sprouts Main Problems and SolutionWe will present our opinion within the WhitePaper scheduled for release by May 13. Although some have already been decided, please wait for the release of White Paper.
Question 3 About the websiteWe have been focusing on Discord so far, and did not think the website is important. In the future, we plan to go using the Web site for distributing WhitePaper , new Wallet and announcing to non-holders.
Question 4 Who is leading HFJapan's management team is leading. Each of the developers have their own full-time jobs. we are volunteers. Since most of the members work at companies, we cannot clarify details because of confidentiality agreement, but developers with various backgrounds are leading HF Question 5 About SwapAs mentioned above.
Question 6 Consent of the majority community We will also mention about the confidence of the community within the WhitePaper scheduled to be released by May 13. Naturally the confidence of the community is necessary, we propose the revitalization of Sprouts in the way we think it is best. Whether to be trusted or not depends on the community. If this best practice is not credible, We will start developing the new currency. There will be a possibility that Sprouts' Swap. Finally We do not intend to confront Auxilium and I rather hope to coexist with Auxilium. The directions the currencies aim for differ, so we believe that the community participants themselves can choose Sprouts or Auxilium. For the current Sprouts community, it seems very good to have multiple choices. Thanks for taking the time to answer the questions as good as possible. I do have some more questions on which I will wait as the whitepaper on 13th of May might give me the answers. The question, logically, are linked to a potential swap and the way you have worded your answers (more in terms of taking the concept of Sprouts rather than sticking 100% to Sprouts). Auxilium also has no desire to confront either, just trying to inform myself and the community. It is good to have as much information as possible out in the public for all parties involved. Wish you all the best with the development. |
|
|
|
You wrote that you have to play on the same platform with Dogecoin. But, Dogecoin- the out-of-date coin. It was created in its time as a joke - one developer and abandoned it. But, the coin earned itself.
Very bold statement indeed. The more I wonder what the answers will be to my questions I asked earlier as a Sprouts holder, also as "representative" of many of the Sprouts Community. |
|
|
|
Hello, Good to see there is a new thread for Sprouts, as indeed the old one was full of old information. In terms of clarity I have a few questions as a Sprouts holder, in line with questions asked by others from the Sprouts community. I am asking as a Sprouts holder, not an Auxilium team member, who has some questions that popped up within the community the past weeks. And I am addressing these questions here, because there seem to be no other official transparant channels where I can contact actual people (i.e. no groupchats or people acting under an alias) behind the project. 1. "For this reason, we are considering hard fork and swap to new currencies in parallel." - could you please elaborate what is meant by this, as it can be interpreted that you will be offering some kind of swap to a different currency, or even multiple different currencies (i.e. not Sprouts). A. Follow-up question 1: not long ago there were messages that the Sprouts development was taken over by the Japanese community, and that the team who opened up this new thread, was no longer actively developing Sprouts. After months of work it could be said this is true, as the goals (altering total supply and PoS), which are very doable with this excisting code, have not been reached. Who are active on the development of Sprouts? One team, or multiple teams? B. Follow-up question 2: Sprouts community members have read about a possible swap to for instance Trinity coin, which is a dead/inactive coin that might be used for a swap. Is this one of the currencies you are aiming at 'point 1'? C. Follow-up question 3: If you are performing a swap from Sprouts to a different cryptocurrency, isn't that a bit hypocrite as to date this team always have said a swap to a different cryptocurrency (for instance Auxilium) is a scam? Why should people trust a swap of your development team, but not another development team? 2. The main problem seems to be the total supply of Sprouts. The total supply makes it impossible to compete within the Bitcoin market, and it already struggles to compete within the Dogecoin market. Lowering the PoS rate will indeed slow down hyperinflation, but the damage is already done. Sprouts is hyperinflated. How is the hard fork, without lowering the total supply, going to solve this issue? 3. After all the years that Sprouts has been online it never has seen a whitepaper, team introduction (and not only people behind their computer screens), good working website, etc. Is there going to be a change in this? 4. Maybe even the most important question: "we will carry out the hard fork" - who is we? I think the community would like to know who is planning an hard fork influencing peoples cryptocurrency/money. What is the background of these people, what is their experience, have they ever had successful projects in the past or maybe even non-successful project (i.e. what is their trackrecord)? 5. If there is a swap, what will the swapratio be, and how will this affect the value of peoples holdings? How will the team (try and) maintain and/or improve the value of the holdings of those holding Sprouts? If you consider burning Sprouts you will have to have a solid plan with analysis to back this action. Because if the swap has a negative outcome for the value there is no way back; the Sprouts holdings will be burnt. 6. Also mentioned by yourself: is it even legal to perform an hard fork on a cryptocurrency? Do you have consent of the owner, do you have consent of the majority community (as this is a community based coin)? Thanks for answering these questions. A lot of community members will find this very helpful as there is hardly any core information available on easy to reach sources. Kind regards, |
|
|
|
|
Hello all,
We have locked this thread, because we have rebranded to Auxilium and not using bitcointalk any longer as core of our communication to the community.
Please find us, like many already have done and do on a daily basis, on one of our official online platforms.
Wish you all the best and see you soon.
Kind regards,
Auxilium Team
|
|
|
|
To whomever is either involved in, or running the late sprouts+ program, now rebranded to Auxilium.
I have a question for you. And I really am curious if you can answer it.
Can you point out at least one example of a legit cryptocurrency that has a 40% premine?
(And you may call the 40% whatever you like. I know that parts are divvied up different ways. But at the end of the day, 40% will be controllable, and in wallets of the "team".)
I would be very curious if you can find one example, where it has *not* turned out to be a scam.
Thanks.
Obviously, the project team has been a little weak. There's not too many people to pay attention to. We have not been using this ANN any longer, but check it now and again to be sure all questions are answered anyways. We have rebranded to Auxilium, and have been active on a lot of online platforms updating the community. @shaw1: there is a total of 40% premine yes. But 16% will be held in escrow, which is a very important element of information you left out. Looking at the top-10 cryptocurrencies Ripple and Lumens are extreme examples whereas both have a premine of 90%+, also cryptocurrencies Cardano, IOTA, NEO and EOS have a premine, one higher than the other. We have been very transparant and clear about the premine, and will remain so. We feel the premine is the only realistic way to compete on this competitive cryptocurrency market. If you do not feel this is necessary, and think Sprouts will do good (after 3 years), you can always stay with Sprouts. No obligation to swap, just an opportunity. @Ricsung "the project team has been a little weak", is a statement that has no solid ground. We have been working on altering the PoS for Ethereum with PoS combination. We already have successfully stakes with Ethereum which is a great accomplishment. We gladly answer serious questions on one of our official online platforms. Have a good day |
|
|
|
Sprouts+ has changed her name, and rebranded, to Auxilium. Which is still an opportunity for sprts holders to swap to when launched. At TestNet now. You can find more information on for instance: https://auxilium.globalhttps://forum.auxilium.globalWe sure never abondoned our project; only stopped updating this ANN, because 1) it is for Sprouts+, and 2) because some people who support a different sprts dev team found it necessary to keep spamming the topic. Instead of putting our energy in countering childish behaviour we decided to focus on our official platforms. Hope you will find more information there on what you could do with your sprts. |
|
|
|
many thanks for the reply.
I read the whitepaper or sprouts+ and as far as the underlying filosophy is concerned. I really like it. (fair, transparent, philanthropy etc.) what i did not understand is the "lending" of 40% by the dev team from the community?
if the new public total supply will be 300 million, then everybody will swap it according to his holding in sprouts? to whom ia ma lending then?
also the example given for the swap ratio is based on a sprout supply of 800 billion. Right now total supply stands at 2.4 trillion !! This means to a get a fair amount of sprouts+ I will have to buy a lot of sprouts.
As it stand now the swap ratio is 1: 8300, that is if the swap happened today.
The plan was to release a new website and new wallet by january 1, but apparently this did not happen. Was this due to staff or technical problems?
As an futire investor i am also worried what will happen with the swapped old sprouts. why would one to stake them instead of burn them? the whole idea from the sprout+ as understand it was leave sprout behind and start something new?
last question how can i participate in the testnet of sprout+?
Thanks for you interest in our project. Seems you have seriously looked at the projects and seen it's true value. I will try and answer your questions as good as possible: First I want to state we are busy with the whitepaper V2. The whitepaper V1 is from begin December. Q: If the new public total supply will be 300 million, then everybody will swap it according to his holding in sprouts? to whom ia ma lending then? A: We are premining 500 million Sprouts+ of which 300 million will be for the Sprouts holders so they can swap their Sprouts to Sprouts+. This means when converting 40% of Sprouts will relatively go to the 200 million (which is 40% of 500 million) Sprouts+. This 200 million consists of 120 million for funding research and development for the first 3 years (to seriously have a chance of compete on this highly competitive market and have the funds for for instance marketing to create awareness on a global scale, which was otherwise never possible without serious funds), and 80 million is held as a reserve (in escrow) to make the market more stable and give Sprouts whales swapping hardly any chance of manipulating the market. This reserve will likely be burnt if we conclude, after analyzing the market, that this reserve is not needed any more. Everyone's relative amount of Sprouts+ will increase due to eventual burning of this 16% reserve. Q: also the example given for the swap ratio is based on a sprout supply of 800 billion. Right now total supply stands at 2.4 trillion !! This means to a get a fair amount of sprouts+ I will have to buy a lot of sprouts. As it stand now the swap ratio is 1: 8300, that is if the swap happened today. A1: We have 1) a calculation and 2) an example of calculation. Yes the ratio has increased since then, and yes you will get less Sprouts+ A2: But this does not mean you will have to buy more Sprouts in order to obtain the same value in Sprouts+: it is all about the quality of the product and not the quantity of coins; less coins makes an higher value (basic rule, see coinmarketcap for examples of this rule as you can calculate that total supply is very closely linked to the value of a coin) Q: The plan was to release a new website and new wallet by january 1, but apparently this did not happen. Was this due to staff or technical problems? A: We have been putting more time in coding the wallets as we have added extra tech besides that we decided to go with an unique and innovative Ethereum, PoS and Smartcontracts combination. Which nobody has ever done before; not for a coin on an independent blockchain. Also we put some extra time in to make the wallet fully compatible for Windows, Mac and Linux; plus have the proper translations. We have been testing the code a lot to make sure we would launch a finished product rather than finding bugs after launch. So yes, we have adjusted the aim date. Again: quality over quantity. Q: As an futire investor i am also worried what will happen with the swapped old sprouts. why would one to stake them instead of burn them? the whole idea from the sprout+ as understand it was leave sprout behind and start something new? A: Well not everybody seems to want a swap; the mass majority will. So in order not to obligate anybody to swap we have Sprouts+ as a very good opportunity for those who want to swap and see the quality; which extra thousands have been seeing the past month. We have a new blockchain so are keeping the Sprouts after the swap, as we are not obligated to burn them in order to start of with a much lower supply. Burning them would not have any effect on Sprouts+ and would not benefit the people who swapped, and shown their faith in Sprouts+. How will people benefit of Sprouts+ keeping the Sprouts? We will make the address of the Sprouts public, so the transactions can be followed, and every time we see an opportunity to use these Sprouts to benefit the Sprouts+ Community we will make a public announcement on transferring funds. As we do not know what the value will be for Sprouts after swap, and do not know exactly what will come across our path after the swap (nobody has a crystalball) we do have ideas to use the Sprouts, but are not going to speculating about the exact use as some people tend to change a "maybe" into a "certainly"; we do not want to give false hope. But one thing is certain: if we can reward the Sprouts+ Community we will. Q: last question how can i participate in the testnet of sprout+? A: Check Sproutsplus.Community, our official Community Forum, you will find loads of information and also the topic to volunteer for the testnet. |
|
|
|
It is already explained many times why we do not have the Github live (like many other coins do, or still have) We have an unique and innovative code. In order for us, and the people supporting Sprouts+ for months, to make the swap to the first cryptocurrency combining Ethereum, PoS and Smartcontracts we have our Github set to private. After the swap, and release of articles about this innovative achievement, we will open up the Github. After that other logical steps will follow. Don't worry about us, we know what we are doing and so does the Sprouts+ community === For those who spam this ANN: "The ones who shout the loudest usually have the most to hide." The Sprouts+ Community has been growing with great speed because of our transparant, open and honest way of communicating. Keeping the community updated every step within the process. The process, which is highly underestimated by people who have an individualistic and materialistic viewpoint, is the most important. Quality comes from within the process. Supporters of Sprouts+ are aware of this and know that quality takes time. With an attitude "if I have not seen it, then it is not true" you will never innovate, or create a product that can change the world. Besides it being very contradicting as you know that the team you support has members with a very bad trackrecord: launching and quickly abandoning multiple unhealthy high PoS coins and leaving investors with nothing but losses. And on top of that: your own negative trust level on this forum! You even have a warning near your name for being untrustworthy. We are honest people with a clean track record. Honest people giving people the opportunity to swap from Sprouts to Sprouts+. It is clear you do not support Sprouts+; fine by me as I would be ashamed if someone like you would "support" our philanthropic and green movement, like you do for the other team. Your actions: spamming this topic with false accusations, based on no facts (simply because there are no facts to support these hollow words), childish lashing out, etc. do not fit with any cryptocurrency that aims to do good to the world. I know for sure that this behaviour is also not working in the favour of the team you are supporting. We keep our community informed on a daily basis, have thousands following us actively, have a blockchain company backing us, and community members volunteering in great numbers. We are likely to be the first cryptocurrency (coin) to complete a code that combines Ethereum, PoS and Smartcontracts. And with that of course we expect some people who are against the idea. With all great cryptocurrencies there are people trying to create a fud. Jealousy, or pushed by a team out who does not like the idea of an open economy/market? Please do everyone a favour and do not reply. Because you are making a fool of yourself with this childish behaviour. And not only making a fool of yourself, but also damaging the team you support by acting like you do. Support, don't hate Smiley |
|
|
|
|
Show Posts
