|
Dear Stakeholders,
100,000,999 ECA pre-mine (10% of remaining) has been converted to BTC for risk management purposes. Minor diversification is important at this stage and will allow for continued growth of the Electra project during undesirable market conditions.
I will consider buying back the amount that was sold if there is major opposition to this conversion.
|
|
|
|
I have decided to contribute 2,000,000 ECA to the current pool IF we win the voting contest.
I am very interested in PolisPay. Groestlcoin's partnership announcement with Polispay on March 8 may be the leading reason why their value increased by 300% and their volume by more than 33000% by March 12. I believe it will also have a very good effect on Electra by allowing it to have more practical uses in daily life. We have 15,000 more Twitter followers than the vote leader so we can potentially get many more votes than them. I urge all stakeholders to vote if you are interested in adding value to your holdings.
Unfortunately, there is an issue with PolisPay and they can't provide their service outside Mexico. So as of now they are limited to one country and are trying to find a way to again start service outside Mexico as well. Yes I just read their Medium announcement: https://medium.com/@PolisBlockchain/polispay-important-announcement-7f639965ca43I was abroad a few days and missed this. I was wandering why Polis crashed 50% today. Thanks crypt0_l0rd. I'll freeze the contribution from my part until Polispay handles this issue. |
|
|
|
I have decided to contribute 2,000,000 ECA to the current pool IF we win the voting contest. I am very interested in PolisPay. Groestlcoin's partnership announcement with Polispay on March 8 may be the leading reason why their value increased by 300% and their volume by more than 33000% by March 12. I believe it will also have a very good effect on Electra by allowing it to have more practical uses in daily life. We have 15,000 more Twitter followers than the vote leader so we can potentially get many more votes than them. I urge all stakeholders to vote if you are interested in adding value to your holdings. |
|
|
|
|
1,050,425 ECA has been donated to support Electra at the upcoming Crypto Conference in Berlin.
|
|
|
|
Dear Stakeholders,
A total of 10,200,000 ECA has been gifted to Electra users who were involved in the recent fork development.
That's amazing E01  A sweet gesture from your side towards the community developers. Thank you so much This ECA didn't go to the community developers. Electra team does not even have developers LOL It went to the external company the team hired to help develop the fork  E01 even explained it in earlier posts It did go to community developers. |
|
|
|
|
Dear Stakeholders,
A total of 10,200,000 ECA has been gifted to Electra users who were involved in the recent fork development.
|
|
|
|
3,34% premine but forget to mention the "Super Rewards Bonanza" can an Electra foundation member or dev give us the exact number of ECA that was mined in that bonanza period? Also, how soon was this "Bonanza" period after creation of the blockchain? thanks Already they mentioned in the twitter how much coins they got through this stage of premise. So we will get update from team regarding the distribution and the process in the coming days. Yea, premine was 3.34% but I want to know when the bonanza period started and how much ECA was mined during that 24 hours The bonanza was publicly announced the same day Electra was launched. The bonanza happened about two months after Electra was launched. 18,999,999,936 ECA was mined during the bonanza and it was open to all. |
|
|
|
Dear Stakeholders,
31,500,000 ECA has been transferred from the pre-mine in order to pay for development obligations involving the upcoming fork.
Will this amount be deducted from the 200m that's scheduled to be transferred to the Foundation this week? On the Foundation...I was under the impression they would be providing some kind of accounting for the funds. To date, they've already spent about 14,000,000, or approx 13% of their initial funds (100m from you, 5m from donation wallet), with no accounting for it, at least not publicly as they'd claimed. They also said they'd be posting minutes from their meetings, which they've also failed to do. This lack of transparency or accountibility is really concerning. They've been set up for over 3 months now, so the excuse that it's "new" I don't think is valid anymore. I think you should reconsider sending any additional funds to the Foundation until such time as they can account for their spending and supply meeting minutes. By all accounts, you are more transparent than the Foundation, and the premine would be better off in your hands. I just saw on Discord that Robert claims the Foundation hasn't spent 14 million... Which means he doesn't know what's going on, or its something he doesn't want known. This brings up another question of who exactly has access to the funds and who authorizes or keeps track? If Robert himself doesn't have a clue, the options are A) they have no real foundation control and it's all a front for someone else actually controlling the funds, B) they're unprofessional, disorganized, & haven't been keeping track, or C) they've transferred funds secretly and gotten caught I can't think of one good, valid reason why Robert himself wouldn't know how much has been spent. The 31.5 million will not be deducted. The foundation statutes state that financial reports will be provided within two months of the end of the fiscal year (in their case December 31). My team has asked me to share the image below with you. It is still in development but should provide the transparency you are looking for when released.  |
|
|
|
I have been notified there is speculation in our social media that I will leave Electra after the 200 million ECA donation on Jan 30. This is untrue.
What will you be doing then? It is clear that you wont be a developer since you had to hire external and anonymous team to complete this next fork I also find it interesting you needed a developer to integrate ECA into the KOMODO platform. Lots of projects are using KOMODO for atomic swaps. Why was it so easy for them to do it? I answer your first question in an interview I gave a few months ago: https://medium.com/@crypTogether/by-dre-499704674e5fI do not find it irregular to work with additional developers. The project has grown too much to be solely developed by myself. If they wish to be anonymous I will respect their wishes. The important thing is that the code is open source and reviewable by anyone. We were missing some of the required code for integration with Komodo/Barterdex. This has obviously been solved for the upcoming fork as we have successfully completed Atomic Swaps with Komodo. |
|
|
|
|
Dear Stakeholders,
31,500,000 ECA has been transferred from the pre-mine in order to pay for development obligations involving the upcoming fork.
|
|
|
|
|
I have been notified there is speculation in our social media that I will leave Electra after the 200 million ECA donation on Jan 30. This is untrue.
|
|
|
|
|
ANNOUNCEMENT
Dear Stakeholders,
After discussion with the foundation, we have decided the remaining 200 million ECA will be transferred there on January the 30th.
|
|
|
|
|
My military service is over and I am back. Ill be focusing on our blockchain update and the foundation in the upcoming days. I see both of them as high priority at the moment.
|
|
|
|
|
ANNOUNCEMENT
I have been drafted by the military and will be completely unavailable for a month starting this Monday as there will be no phones or internet allowed where Im going. This news was given to me 3 days ago, so I do not have much time to prepare.
Our social media, website, block explorers and foundation act independently of me so you can expect them all to be operational during my absence. Blockchain development is also expected to continue.
After one month, I expect to be back and will announce my return on Bitcointalk.
|
|
|
|
|
99,999,999 ECA was sent from the pre-mine to the Electra foundation based in the Netherlands a few hours ago. 200,000,001 ECA further will be sent. I will be posting documents proving the existence of the foundation within a few days. I commend all the selfless pioneers who were involved in the creation of the foundation and wish them my best. Thanks to them we are, approximately, one of the rare 50 cryptocurrencies that have a foundation dedicated to them.
If you want Electra to remain competitive in the long-run, I urge you to support the foundation. The foundation is legally obliged to support and promote Electra and the more assistance you provide, the more you and all users will get back from it.
This payment was planned on this date for some time and not intended for appeasement regarding botero974.
|
|
|
|
|
Show Posts
