0.21 BTC sent to address 3AiGej11G8jUXvEBPvQKPLiHXC7ruUCp1Z . GL in your development.
Thank you, i hope that you sent using a private bitcoin address, and that you hold the private key of this address. |
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NVO's main competition then is EON. EON was everything I've been working on building with my team in the background with one exception EON is closed-source, proprietory, and is not open about the fact that it is closed to U.S. citizens. I was very disappointed; because I needed a trustless exchange like Shapeshift & Changelly; but with order-books; and high volume like Poloniex and Bittrexx. I DO program bots; so not being able to use a bot so I am not glued to my screen watching charts 24/7 is not something that excites me.
NVO does not have to have a web version, but it should at least have a web application similar to the NEM wallet, so someone can just download a folder, and click index.html and be able to use it in a web, as opposed to having to download an application and install it. Or be stuck to a phone. The reason I don't use other decentralized exchanges is because I have to install, and sync and it doesn't work on my computer without issues. I've read the entire 13 pages of this thread so I see where it differs from Bitsquare etc. I hope that it differs here too.
NVO to increase it's success should look at what other exchanges and their alternative competitions are offering. Particularly I think it should look at what EON is offering, and PRISM (by Shapeshift which is not an exchange but a portfolio...but one where you have to pay fees to use ETHER), EON's seems to be the RIPPLE of exchange alternatives with more features. EON is the blockchain version for their exchange Exscudo. That it has it's own blockchain seems to be a plus for it which is integrated into it's own exchange, where people can benefit, to integrate other features to it. To do this in such a way where one does not have to give up their privacy as they are forced to do with EON -- and in a open way, we don't have that. I see that NVO is focused on having other wallets and services integrate themselves into it; so I imagine if someone offers USD/FIAT they have to decide NVO is worth it and could make their own rules -- but that's just an assumption. The whitepaper that was on the site is down.
NVO looks very well put together; but I haven't seen anything else. It should focus on aesthetics and beauty, modern interfaces and UI. But it also should look at Poloniex's system of order-books and charts, look at Gemini, and it needs to integrate the things that work in a slick clean way. Poloniex's chart system and the ability to look at the side to see which alts are performing well and which are bad, and how easy their order books are is why I like them. The DDOS attacks not so much.
NVO hasn't made clear how the team will profit from fees; I like that EON offers a way for regular people to use their 'tokens' to be able to receive some fees. From what I understand the only thing NVO tokens serve is for crowdfunding, and then they'll just be traded on an exchange; but other than supporting developers and being tradeable what real value do they give people? What benefits come to actually holding the token. Do my fees on the exchange get reduced? Do we get to purchase at a super low price? I like that it's not doing an ICO, but if there is no benefit to purchasing it; the 'incentive' it's a hard sell to people who look at this not as traders but investors. Unless your target is 'only' traders? IDK if I have understood this correctly.
Right now I see NVO as something minimal. It's limited to the power of 2 people whereas other projects have a greater team. Yes this has already been addressed, and I more than anyone understand what it means to work with a small team. I also agree that a small team is better than a large team of people who* disagree. But you're also limited in what you can reasonably do as just 2 people. What a small team can do at the most basic is make a most basic replacement, meanwhile other people like EON are making alternative exchanges that are only slightly less evil than Poloniex. NVO is very honest, I love that compared to EON and it's participants which don't have the same integrity. I'd like it see it compete directly against EON; it's truly decentralized alternative.
For NVO to really get attention and be successful it should also make a partnership with someone big, to get some backing -- if now not at a later date; I'm not understanding if it plans to integrate other exchanges or even how...but I hope that it integrates Shapeshift and/or Changelly, it would nice to have the option to have an order book if exchanges are being integrated into it as I've read. To be able to place in an order at the price you want and purchase from Shapeshift/Changelly when that order has been met.
If NVO is not focused on integrating other exchanges and just p2p. Look at how Shapeshift/Changelly have created liquidity, each in a different way, how can we tackle the low volume issues that decentralized exchanges have? I've not heard how this plans to be tackled so that people who are hesitant about this exchange can come on and know that there will be liquidity in the coin they want.
How easy will NVO be to use? Part of it is making it so easy someone dumb like me can use it. Should have charts integrated into it like any other exchange; really it has to be a good alternative, not just good enough. Even if it's not EON, to be attractive it needs to offer what Poloniex and Bittrex offer; with the ease and efficiency of Shapeshift/Changelly/Jaxx/Exodus. I really see NVO's potential.
It's hard for me to understand ALL that NVO has to offer against what it's not offering; though I understand basics. A decentralized wallet with built in exchange features, where the users decide the currency pairs they want not a centralized; where top wallets are added by the core team; but other wallets such as XEM or STRAT have to be added by the XEM or STRAT team...let me make clear that it is very unlikely that with all the work those teams are doing that they will have time to worry about building a wallet for this exchange btw. But maybe someone in the community will; I recommend that every coin that Changelly and Shapeshift offer, should be offered by NVO. Changelly as an example integrates and partners with an exchange; and you p2p with them while they do the work; you put in the price you want it they give you back what they could get at that time through Poloniex/Bittrex; Shapeshift similarly; but Shapeshift has it's own wallet reserve of coins. And this is how they are able to increase liquidity. NVO on the other hand seems to have a different approach; I need the whitepaper to understand. I understand the site has been attacked which tells me right now that NVO is seen as a threat to some group of people. So NVO must be on the right track.
I do feel like there is a place for NVO, I want to see that place. At least if NVO is not planning to compete against EON or Poloniex or Bittrex. I feel so strongly that we need NVO which is why I'm writing this indepth feedback; I think NVO is offering something we don't have yet; but it's a little bit behind the times because other exchanges are already being born right now; offering ICOs to compete.
Let it be clear that I realize that NVO is not EON; that EON has a blockchain which is why it can offer the services it's offering and that my understanding is that NVO is built on top of a blockchain? What was it counterparty? I'm not sure have been reading a lot of whitepapers and websites so can't recall all the details.
Thank you for your interesting post, but i think that you got lost because of your expectations. As you said, NVO isn't a blockchain, and it is not built on top of a blockchain. NVO intends to use the blockchains and their features to provide as much functions as possible to the users. NVO don't want to compete or to be compared to other projects, after all, each one is working on his own and deals with his advantages and flaws even if the main problems are similar. The safe networks offers a lot of advantages compared to a blockchain sollution. More stability, more features, more possibilities for the users, the Team won't have to focus on building a P2P network and maintain it, instead, they will use the existing networks. You can imagine it like a nexus point where the technologies and networks can talk to each other. And effectively the attack was important. But it won't happen again. For the exchange integration, i aleready said that the exchanges could be added by the team, or by developers directly. Not into the wallet but as a plugin, and these plugins, aren't limited to exchanges only, anything who offers an API could be added as a plugin. Thanks again for your great post. Newbie question. How are the NVOS kept at a price of 99 cents and how would I exchange them for USD?
Hello, the NVOS will be sold by the validator at a fixed price, using counterparty. The amount of NVOS will change depending of volume. Do not hesitate to ask questions. Seems a good project,hoping I can join in the ICO soon.
You are welcome, but it is not an ico  it is a crowdsale. |
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I have had a muck up with the crowdsale, i invested some funds.
I contacted Lauda (escrow) who was being extremely unhelpful.
Could i speak to someone in the team about this.
First time ever I was trying to invest through a crowd sale and I had obvious questions. Lauda was extremely super fast and helpful in answering questions. This was a fresh screenshot that I took. It may be possible that the text was updated since last night. Either way, that should be clear enough now?
There is a lack of walk through document for newbie investors to invest their money through crowd sale, keeping them comfort by understanding what they are doing. It's applicable for any and just not limited to NVO. This smells like a scam.
Why would anybody invest in two guys with no working code, when Blocknet has been worked on for years and already has a working fully functional Decentralized Exchange?
I would be very cautious of this one.
I have read through all the posts! (12 pages at the moment!)
It seems quite an interesting project that is possible to create history.
It is up to the developers and the whole team and their ethos to create something remarkable that will change the current situation of centralized exchanges!
I personally believe that this will be the biggest crowdsale in history, due to the nature of the project.
I am following, and i will wait for the crowdsale to begin.
To everyone, no need to rush and take down the website, everybody has one month in order to invest.
(i couldn't even create an account, probably you have deactivated it, to protect users)
Thanks Lauda and Nengun!
Good luck everybody!
Well somehow I am not able to open https://nvo.io/, would like to read more about roadmap and ICO. but page does not load.. Well somehow I am not able to open https://nvo.io/, would like to read more about roadmap and ICO. but page does not load.. Looks like the server is down for past 7+ hours, but no update from moderators!  Due to scammers and website flooding, NVO decided to delay the crowdsale until the issues are addressed. For the investors who sent funds, rest assured that your funds are kept securely in the escrows hands. NVO is sorry for this inconvenience. There is a new server and more protections, the website is currently under propagation. We would like to thank lauda for taking care of the scammers on slack. First i would like to apologies for not been present on bitcointalk today, the old server has been removed and the website migrated in order to protect the investors, So the propagation takes time to be realised. We added some security regarding attackers who slowed the website. Personally i am not a member of the team, but i am working with the developer to secure the platform agains these attacks, we are at 18 hours of development right now. The investments are safe, the database is backed up, so you won't loose anything. I personally have an idea about the scammers. Recently i had a discussion with a platform who wanted to take the project and remove the bitcointalk escrows. I asked the team to refuse, as these ico platforms are succeeding because of the escrowd of bitcointalk and because of the decentralization of bitcoin. Some people think that because of their disclosed IDs they can get controle over bitcoin. Today, Simon dixon says no to altcoins, and that only Bitcoin matters, while he create an altcoin. Roger Ver says yes to altcoins and no to bitcoin, while he is a member of the bitcoin foundation (bitcoin.com). While i saw how the bitcoin core works, even Lauda asked to all the devs to participate, she/he is one of the protectors of bitcoin, and it is not for polotical aspects that i will question the bitcoin core's ecosystem. I am not accusing them, but some other people are saying they are neutral while they are scammers. The platform i am suspecting asked the team to delay the crowdsale by 3 months in order to prepare a better marketing campaign and gather 10 millions minimum. I asked the team to say no, and they agreed simply because they would have lost the confidence of people as they engaged for a launch date. So they decided not to loose their word, and to go on. I would like the scammers, if they continiue, they must know that they are annoying developers, and we could simply trace them as they are using bots for now. I can provide the proof that i hacked paypal when i was younger, i stole nothing, just wanted to take the challenge, they found me, and they prosecuted me, so i still have the proof which is an official court document. If they don't stop i will track them down even if they hide in their mom's stomach. |
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There is a group a people who tries to scam the crowdsale, either on slack or by flooding the website. We are on it. Sorry if i am not responsive but we have to sort it all. Thank you for your patience.
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Due to website overload, the team have to delay the crowdsale by 12 hours, in order to upgrade the server. The dashboard was just unreachable. Sorry for the inconvenience.
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What's the Ether crowsale address, because your site is not working?
It is up, you can register. You will have to supply a personnal bitcoin address. And the your investment addresses will be shown. |
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The crowdsale started.
Beware of scamers on slack there are some idiots who want to steal your money, please, if you want to invest and support the project, do it on NVO.IO
Slack is just to get answers from the team, not to invest.
Do only trust Escrows not random people on social medias.
Thank you for your awesome support and feedbacks.
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Quite pleased to see the devs active in responding. I'm *really* very interested in the decentralised wallet/exchange. The problems of Gox and others in the past caused me to stay away from exchanges with large deposits before.
Yes Gox and sometimes the most famous exchanges causes big troubles in the community, just have a look at the scam accusation section of the forum, there are plenty there. That's why NVO's functioning will be out of reach, even for the devs as they want to automate all the process. Quite pleased to see the devs active in responding. I'm *really* very interested in the decentralised wallet/exchange. The problems of Gox and others in the past caused me to stay away from exchanges with large deposits before.
that is what i have observed too. he is very eager in answering the queries of the member. and that is what other devs are lacking. they tend to respond slower than what they are require to.. anyways, i havent yet visited your site, im a bit busy these past few days. but i will never missed it out, i give feedbacks here once i have visited the site. Thank you, i would like to thank lauda as he/she helped a lot in the thread as i was busy with the platform. |
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-snip-
thank you for the clarification. i have to admit that i doubt that devs will change their coins to be on your exchange. My exchange is still in development, and there are a lot of different exchanges out there.
-snip-
what about lykke? the offer secured trades too. but their system is to add coins. and not let the coins devs do this. I understand your point of view, NVO will add for sure the most used coins because NVO have to generate revenues, the difference is that people will be able to add their own coins. Do not forget that NVO is a modular project, meaning that users will have access different services from the wallet, that's why the developers or community members of a coin will be able to add support for their coin into the wallet. |
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is there a press release that is not just PR from the Devs? The article linked on the website are all: This is a paid press release. CoinTelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. CoinTelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Yes there will be more press releases and a video interview is scheduled, stay tuned, the updates are coming. Thanks for pointing that. @Devs: Can you please explain what is the difference between you project and:
Shapeshift?
Jaxx including Shapeshift?
Bitsquare?
BCExchange?
It is a repeating question, and we answered that in the thread, please can you read this post : https://bitcointalk.org/index.php?topic=1917456.msg19108512#msg19108512I hope I can be in the bounty group. This coin is promising but dint have enough to spare to invest so bounty is good. Only the non newbie with more posts are qualified can join in. How about twitter? how to qualify?
Hello, there is no bounty for Twitter and facebook, only signature and translation. I suppose they will issue more bounties in the next few days. This is interesting.....Sorry if this has been asked but will there be any bonus offered on the first day?
I think that is much better if there is some bonuses at the first day it helps to gather more users to invest huge amount of money. And im hoping for the success of this project because i also gain if that would happened. You are missunderstanding the meaning of a crowdsale, an ICO tries to gather as much funds as possible regardless of the fairness of the operation. NVO wants to be fair with the investors, and considers that early investment bonus is like an insult to the investors and to the project itself as it would mean that they don't care about the tokens and just want to gather the funds, which is not false. Also, allowing such distribution is like looking for whalers who will then dump the coin. NVO aims at gathering a community of investors/users/holders who invests into the project because they think that NVO has a real potencial, not only for economical reasons. NVO wants a fair and clean ecosystem. |
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Hello, I need to clarify what are the advantages of the NVO exchange against its competitors as Waves decentralized exchange of the platform Waves and Easy Des of the platform Komodo.
I would also like to find out more about CEO Yanni Bragui and Ton Bi. I would like to find your twitter, Facebook, bitcoin talk user ... and some information about them. In the Linkedin there is hardly any information.
Thank you very much.
Ton is actually taking care of maketing, safe forum, investors, slack : https://safenetforum.org/t/nvo-decentralized-exchange-crowdsale/13608/132Yani is with me right now, we are working on the crowdsale platform, we are in my home : Right : ME Left : Yani Middle: Ulysse my husky  We are working on it, and when you ask me a question, it is like you ask him as i forward some questions. This is a portable and efficient wallet. I haven't seen anything like this and I am quite impressed. I have a question though, why NVO have tokens? What is the purpose and is it necessary?
NVO could have made a crowdsale in fiats, but it is a project made for cryptocurrencies, and in order not to get dumped, and to provide something different from the usual projects. For the details check this post : https://bitcointalk.org/index.php?topic=1917456.msg19108512#msg19108512I will await your feedback. I wish to buy some NVO during crowd sale. Never done this before; some one please advise the steps to buy some NVO.
We are actually working on the platform, evrything will be explained, it will be updated in some hours.
DETAILS OF CROWDSALE
Crowdsale starts on 05/23/17 02:00 UTC
Crowdsale ends on 06/23/17 02:00 UTC
Issuing Tokens on June 14th 2017
No. The correct date for issuing the tokens is: June 24th, 2017. This seems to be an error that was leftover when the duration of the ICO was updated. Lauda is right, i forgot to update the OP, the NVO Tokens release will happen on 1st July, as the addresses must be parsed, and organized, so there will be a lot of work to do after crowdsale. The whitepaper also contains the following: 4.1 Token details and fees distribution
The NVO team will use counterparty to generate 15.000.000 NVOT. They will be available during
the crowdsale campaign starting May 22nd, 2017. When the crowdsale is over, tokens will be
distributed from June 14th to June 21st 2017. After token distribution NVOT will be listed on as
many exchanges as possible including NVO exchange when it’s launched.
The price of the NVOT will be defined by the total amount raised.
Token supply: 15 million
For Sale : 15 million
Emission rate: No new coins created
Sale period: 05/23/17 02:00 UTC to 06/13/17 02:00 UTC
First price: Defined by the total amount raised.
Accepted currencies: ETH XRP BTC MAID LTC
Token distribution date: June 14th to June 21st 2017
And ALL the 15 million is for sale? Dev team not keeping any of the tokens? Just whatever is raised in ICO? sorry for the whitepaper, it is updated now. Yes NVO will distribute all the 15 million tokens, and won't keep anyone. Yes, they will do with what ever is raised by the "crowdsale". Hi, during the ICO Is there a maximum limit of fundraising money or are you going to raise all the money you can during the 4 weeks of the ICO ?. I await your response, thank you.
There won't be maximum as there is not minimum, it will all depend on the investments. |
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German translation is ready in ~24h
You should probably post that in the thread related to translation bounties. However, keep in mind that there may have been some small changes (see the latter part of my post) which you should adjust. Is it correct that the tokens will be released in the middle of the Crowdsale period? DETAILS OF CROWDSALE
Crowdsale starts on 05/23/17 02:00 UTC
Crowdsale ends on 06/23/17 02:00 UTC
Issuing Tokens on June 14th 2017
No. The correct date for issuing the tokens is: June 24th, 2017. This seems to be an error that was leftover when the duration of the ICO was updated. Lauda is right, i forgot to update the OP, the NVO Tokens release will happen on 1st July, as the addresses must be parsed, and organized, so there will be a lot of work to do after crowdsale. Hello, what will be the starting value of NVO tokens and at what exchanges do you plan to add NVO?
NVO Token won't have a starting price, the final price will be defined by the total investments as all the tokens will be distributed. No preminer, no tokens for the team. German translation is ready in ~24h
Will process them soon. |
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What will be final fee structure? I read that it NVO will ask for a fee of 0.02% - what kind of fee is that? Will is be constant?
Amount of trading coins and volume of your trades won't change anything? Will there be any difference between maker-taker?
Thanks for the question, the fees will be fixed at 0.2%, it will be 0.2% of the order's value. The volume won't affect the fees rate, and there won't be any difference between maker-taker. The trading rules will be the same as centralized exchanges, when you take poloniex, maker's fees are 0.25% and taker's fees at 0.25%, but they are the largest exchange in term of volumes. Yobit's fees are 0.2% but it is not really famous. The main difference between both exchanges is the service, that's what NVO will focus on. |
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Sorry if i haven't been communicating, i thank you for your great feedbacks and support, i am really busy with the website of NVO, the team tries to answer questions from different platforms, so yanni have to be present. I will be back very soon to you.
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Nicely done.  Will you be offering accepting an express method in verification for the account so to have an ease in funding the exchange account when we create one? NVO won't ask for KYC if it is what you are talking about, there won't be account creation, unless really necessary, and even if so, the informations won't be transfered to NVO. The funding will consist of sending coins to your addresses, nothing more. UPDATE: The team decided to extend the crowd sale untill to 23rd of june. so 1 month instead of 20 days. wow, ESCROW in this projects is Lauda, seems this projects will running good and I believe this projects will sucess, hahaha, Lauda will provide a very satisfied service.  Yes, Lauda being an escrow for this project will definitely boost its credibility and popularity in this forum. Needed something like this for myself and even had discussed this with one of my developer friends. Eagerly awaiting. Yeah, she would be more perfect then the all the campaign manger and escrow and he is BB rank to escrow rank I guess, I am not sure. Nvo.io has a good services which start up different project using bitcoin. Great to go. Congrats.
You guys are missing a vital point here. I am not the only escrow. There are a total of three escrows (ranked by total trust rating) 1) Blazed: 306: -0 / +312) minerjones: 113: -0 / +123) Lauda: 84: -0 / +11The fourth escrow will join soon, it is Alex from Coinpayments, he will be in charge of Maidsafe. |
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does it have the potential to replace exchanges like polo and bittrex?
does it have the potential to replace exchanges like polo and bittrex?
We can't say still that it may have, but it has a potential, but what I am looking for is their Bitcoim wallet where you can have a full control of your currency assets, even in the exchange, you can have full control. The wallet may be still under development, but I know many users are looking forward to it too. Not really, NVO will bring innovation, it is like comparing a paper and keyboard, it is different, even if they can both do the same thing in different ways. You can still use both if you want (like me). You could also compare bitcoin and banking system, yes bitcoin is an innovation, and both cohabit. Hi! Am very happy to have been accepted on my first signature campaign promoting NVO. It's got a good concept but the only thing I would like to see is support for at least a few other major alts. BTC, ETH and XRP are great except I don't have any ETH but that doesn't mean I won't consider moving over to a new wallet.
Good luck - let's hope we see more competition in decentralised exchange.
You will have the possibility to add your prefered coins to the wallet, read the big post, i know it is long. does it have the potential to replace exchanges like polo and bittrex?
We can't say still that it may have, but it has a potential, but what I am looking for is their Bitcoim wallet where you can have a full control of your currency assets, even in the exchange, you can have full control. The wallet may be still under development, but I know many users are looking forward to it too. Think outside of the box and make a small comparison: | | | Traditional exchanges | | | NVO | | | | | | Centralized | | | Decentralized | | | | | | Competitive fees | | | Competitive fees | | | | | | Exit Scam/hack Risk | | | No risk of exit scam/hack. | | | | | | Private keys owned by the exchange. | | | Private keys owned by individuals. | | | | | | Privacy loss due to registration and verification tiers. | | | No privacy loss. | | |
Someone could probably come up with a better and more detailed comparison if they spent more time. This makes it perfectly clear why such a project has extreme potential. Thank you Lauda, much appreciated. the idea is brilliant and in the longrun i even think that there is much more demand for exchanges as crypto is growing
in the short term there will be the issue with volume, there are trading sites that just fight with low volume and i dont really have seen an "easy" way to get volume fast
Well having a lot of options is a really good idea much more a wallet and exchange is one of the unique features of it. Too add NVO.IO is a kind of wallet/exchange that offer a unanimous account in which consumers will surely love no personal information will be taken from you unlike some wallets that require personal info and verification to be compliant with some government requirements. The wallet aims to provide an alternative to original crypto wallets. It means that users will be able to use their wallet as like as any other wallet, except that it will have a lot more features, a DEX, multi coins and so on. i know that yani wants absolutely to add coin controle feature to the wallet for all the coins who supports it. |
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Hello everyone,
Exodus, Jaxx, NVO ... What are the main key differences/advantage about NVO ?? Or why should I use NVO instead of the others ?
Thanks ;-)
I am definitely going to get these guys on the show and we will do a deep dive for the people that are interested in this project. This is a huge value proposition if token holder are receiving 50% in rewards. I do believe most communication will happen on the slack channel. https://nvoinvite.herokuapp.com/People want instant gratification when it comes to news. I Is the wallet function available yet? i cant seem to find anything and i will just keep myself updated here or either in the website. Anyways great project. Thanks for the oppurunity and i hope i will be able to read news about this project.
the idea is brilliant and in the longrun i even think that there is much more demand for exchanges as crypto is growing
in the short term there will be the issue with volume, there are trading sites that just fight with low volume and i dont really have seen an "easy" way to get volume fast
I congratulate your new secure exchange service!
It is still 2 days and 16 hours until your fully launch of NVO.IO, I would be awaiting for the benefits to come in service!
Wish you a success on your project.
0.2% fee per trade is competitive!? I doubt that.
Pretty competitive if you compare with Bittrex or Poloniex. But, I think it'll be far better if the fee will decrease alongside with the increase of trades volume for every user. Just my 2 cents though. Keep in mind that those exchanges I mentioned are centralized whereas NVO definitely has advantage which is decentralized. 0.2% fee per trade is competitive!? I doubt that.
Pretty competitive if you compare with Bittrex or Poloniex. But, I think it'll be far better if the fee will decrease alongside with the increase of trades volume for every user. Just my 2 cents though. Keep in mind that those exchanges I mentioned are centralized whereas NVO definitely has advantage which is decentralized. Well, it would great if NVO would offer lower fees at the beginning. Make it a welcoming promo feature and lower the fees to 0.1% or even less if possible. New experimental exchanges can struggle to capture attention, we don't want to NVO to be another Bitsquare which is known as a service neglected by the users. Hello, thank you for your interest and welcome to the thread for the new comers. First i will answer about the fees, they will stay fixed at 0.2%, which is a competitive rate compared to the most famous centralized exchanges like pointed by aubert, these exchanges fees are at 0.25%. I want to point also that these fees are lower compared to bank systems. Why am i giving this example ? NVO will redefine the bank system. The difference between Exodus, Jaxx and NVO is that NVO's plugin system will let cryptocurrencies developers to provide support for their coin into the NVO wallet. In the case of Jaxx and Exodus, it is up to their teams to add support for coins while in NVO it depends of the cryptocurrencies developers Which makes NVO's coin support decentralized simply because there will be no more looking for the top 10 currencies in marketcap to know what to add. It is true that NVO will use this method at its launch but will deliver at the same time its plugin system. Example: Harry Potter decides to create a blockchain in the wizarding world to avoid tax evasion that would restore voldemor once again. He will have his community but he will not be able to post in bitcointalk as he will be in the wizarding world. There is no exchange there, but he would be able to download the wallet NVO and to publish his currency into the wallet, which will bring more volume, it will be up to him to promote his currency without NVO's intervention. Why NVO will redefine the banking system, let's check this link: https://www.uber.com it is a huge transport company which offers a decentralized service from particular to particular, when you register on the site they will Ask for your credit card, which reduces the vision field of decentralization. NVO will be a possible solution to this problem if UBER decides to use payments in crypto currencies, it is sufficient to integrate a plugin UBER which will allow a user to pay for this service via exchange by the Validator, the cab will receive Its payment by UBER, and UBER will receive its payment by the Validator, which guarantees the security of the exchange, and therefore of the service. Either the Customer sends the money to the taxi, NVO takes a fee, and UBER takes a fee if both customer and cab accepts crypto currencies, and in case the taxi does not accept crypto currencies, the customer will send cryptos to UBER then UBER will send fiat to the taxi. Hence the revolutionary payment processor system. I could give you lots of examples, that's why i said NVO is a revolutionary Wallet, Exchange, with advanced features, this project cannot be compared to others as NVO team offers large bridging capacities. |
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What is it with "All your questions will be answered in Slack?" Don't devs realized this is a public forum where interested parties can browse through the discussion and save time and effort of answering same inquiries repeatedly.
The better solution if you don't want this forum is to set up a FAQs wiki.
Yes the devs know that it is a public forum, and i decided to help them and answer some development questions, they are working on the FAQ and add the questions posted here, the reason for the Slack redirect is that the co-founders can be found there. I am not a team a member, just a friend helping them. I am a developer myself, and talked a lot about this aspect with them, but i won't be able to give source code if it is what you want Thank you for your feedback. |
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Very interesting project, i like idea of decentralized exchange and i wish you guys good luck with your project!
Very interesting project, i like idea of decentralized exchange and i wish you guys good luck with your project!
yes, because decentralized exchange is better than centralized exchange Thank you for your support, feel free to ask your questions. |
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I spoke with Nemgun and she/he said your wallet will support alot of cryptocurrency and I cant wait. Hope there will mobile,web and computeR version oF the wallet.
That's sure, they will release the wallet to different platforms, mobile included, except website as they will release a desktop version. Portable versions will be one of the most important releases as it will let the users exchange everywhere, they could also stay connected for a longer period for live exchange. |
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