Few larger swaps coming in today. Down to 38% remaining. 61,836.12780935 Swing Seed Coins remain 981,644.22190792 GE has been burned Side note, I'm expecting Yobit to add Swing within 48 hours. this is fun! I like that the SHA256 algo gives a bit of an edge to those staking (since BTC miners make competing near impossible even w rented hash). Nice work dev, and props on the near instant conversion times from GE->SWING swapped a few times now and very happy with how quick I'm able to swap and get right down to stakin! Agreed, can't stress it enough. Really good work here. The whole Greed and GE projects, even as experiments, show that the dev is serious about it by having swapping possible. He carried his tests and didn't let down the investors after leaving former projects. It's not the case of making a coin and dump it. There's a lot of thought into this. I wonder if more developments are in the planning, since it kind of sounds that Swing is an experiment too, although a more complex one. What's the burn address of GE by the way, I must have missed it. If you are trying to swap: https://crypto.typeform.com/to/PTRRNNIf you just want to look: http://cryptobe.com/a/FUJJ9WD5yMDo you hold private keys to this address?
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Few larger swaps coming in today. Down to 38% remaining. 61,836.12780935 Swing Seed Coins remain 981,644.22190792 GE has been burned Side note, I'm expecting Yobit to add Swing within 48 hours. this is fun! I like that the SHA256 algo gives a bit of an edge to those staking (since BTC miners make competing near impossible even w rented hash). Nice work dev, and props on the near instant conversion times from GE->SWING swapped a few times now and very happy with how quick I'm able to swap and get right down to stakin! Agreed, can't stress it enough. Really good work here. The whole Greed and GE projects, even as experiments, show that the dev is serious about it by having swapping possible. He carried his tests and didn't let down the investors after leaving former projects. It's not the case of making a coin and dump it. There's a lot of thought into this. I wonder if more developments are in the planning, since it kind of sounds that Swing is an experiment too, although a more complex one. What's the burn address of GE by the way, I must have missed it.
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Good climate is around this coin. How many days has been to convert GE-> SWING?
6 its official deadline? No, today is day 6 since Swing launched. As far as I know there are no deadlines except when Swing swap supply runs out.
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Good climate is around this coin. How many days has been to convert GE-> SWING?
6
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The staking rewards are pretty surprising..
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Looking wonderful. Well done
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Does 19 boxes mean 19 buyers? Or could it be multiple buyers within a box?
Waiting for enough info to be released to make a decision. Obviously few bagholders means no market.
Anybody can buy whatever percentage of each box they feel like. As long as it's not sold out already. I'm not going to rush the launch without doing enough testing. Distribution plan also seems way too complex for a coin that is meant to be simple. So launch can only begin when all of this is simplified enough. That's what I'm working at. Funding/distribution will only begin if the platform for it is stable and can handle multiple transactions without a risk. At last, crowdfunding, ICO, or IPO, whatever seems best, means, in WARP case, that community funds will work towards development. The escrow is set up and the community will be responsible to release those funds when development stages come along. I hope your doubts are cleared. More info will come.
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Will you clearly define at what oints in teh sale the price increases and a daily account of how much is sold. Otherwise we are sending BTC without any way to know what price we are paying. Heck, you could buy it up to double the price before anyone else sends a sat
Think of it this way: there will be 19 boxes to be opened. They are all clearly marked with prices and amounts. Somebody is gonna grab the cheaper box first, but that's the one holding the less coins. So you're gonna have to make a judgement on which is the smarter box for you to choose. Don't worry, this is going to be very clearly defined before the box opening even starts.
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Why not mining? You talk about safety, mining helps in security. Make it pow+pos!
It's a very good point and it was a tough decision. I considered it during early stages, between premine (sale amount) and POS stage. But would have to make sure that it would follow the same principle of the crowdsale, ie, mining costs would have to follow the same pattern of reward and inflation in distribution: something pretty hard to achieve. And since the point is fairness, which I don't mean pricewise only: it's pretty obvious not everybody can mine. So no PoW, sorry buddy!
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1,094,500 WARP at an average price of 0,00002828 BTC sound good. will the inflation rate be forever other just for a particular time until the total coin supply has been arrived?
Inflation rate is related to the WARP prices. Meaning it will start at 1000 satoshi per WARP and increase by 6,5% once a certain amount has been sold.
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Hey guys. I've been asked to escrow the bitcoin funds for the ICO and have agreed to do so. I'm awaiting for more updates from the OP myself before I officially sign a message for the IPO!
If you have any questions or concerns, please do not hesitate to contact me!
Thanks monbux for the help!
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I think its a scam The developer doesn't know whats the difference between inflation and deflation in the ann.(he will probably fix it now that i pointed it out.) imo don't invest.
Not gonna fix anything because what I stated is correct. Although both scenarios are possible, what I do mean is inflation.
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It's really sad to see this crave story. And all the other coins pegged to the same people...
I like this sort of action, so kudos to you.
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I didn't deleted it, it was deleted by a forum mod who thought it lacked argument (I guess...) What I loled at was your stupid distribution plan, with the excuse you can't find escrow... (which usually goes as we won't need escrow soon...) You want money, we got it... and you expect to handle the coin yourself to everyone who pays for it. First it would be a real mess for an escrow to escrow every transaction (but very profitable) and it will be an equivalent mess for your distribution as well. The only thing, I see is that no one will really know what has been distributed to whom and when... (and what you keep). so again this is probably a good contender for the shadiest plan of the week. Also no distribution through exchanges just means there is no exchange and you don't want to pay to get there. since the coin are handed by hand, it means it will never gain momentum, meaning it will never get to an exchange... but hey you need money... (don't worry you'll probably find a few morons who think like you "they want money and that could be their get rich fast plan" yeah right... this clearly won't happen ) Thanks for a better elaborated answer... A trusted escrow has been found thanks to the help of the community. I don't expect to handle the coin myself. This is why I've been working to find help and make sure everything works out. In fact, I'd prefer distribution through an exchange, which would save a lot of work hours. Yet no exchange will put up 20 sell walls. But no worry about momentum; once distribution is completed it will be listed immediately. Before funding even begins the chain will be tested, and the code analyzed by 3rd parties. A roadmap and distribution guide made public. Nobody here will be investing blind - and certainly not to get rich fast. I get your reserves. No need to call anyone a moron. I invite you to come back in a few months and see how this played out.
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Hey there.
Since my distribution plan is not possible via an exchange - different price levels / coin amounts - I'm looking to find a trustful escrow to hold funds. I'm contacted a few forum members that ask for quite a large fee, percentage wise. I'm opposed to use large slices of crowd raised funds to pay for anything other than development. If you know trusted escrows that would hold the funding for a small donation fee I would be happy to hear some suggestions.
Thanks.
alexrossi https://bitcointalk.org/index.php?action=profile;u=86549Thank you, I'll look upon that.
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Update:
I'm establishing a trusted escrow within the community to handle multiple transactions. Escrow will sign a message proving he owns the depositing addresses. Payment to the escrow will be donation based, 1 or 2% of raised funds. I hope everybody is okay with that.
I got a few PMs with questions, so let's make things clear. There will be a premine on first block for the total amount of sale coins: 1,094,500 WARP.
After that there is no reward for the next 4999 blocks to allow distribution. Wallets will be available then. POS will start at block 5001. Algo is x11.
The roadmap is finished and will be published once the testing of the network is complete.
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These devs clearly make about 10 bucks then move on. It's a weird thing but it obviously works for them.
He was just a kid. Check his email that I posted before. He's probably happy now buying candy. Oh, I see now! But some of these devs are even putting money into websites and such... And it doesn't take too much efforts to continue the coin going... They would get many candies, right? No clue what you mean. I just looked into his email and noticed he's a young dutch kid. He probably sold off 0.5 which covers expenses and gives little profit.
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OP updated with distribution details.
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