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A few announcements
It’s been around 2 weeks since we announced dueltoken.io and went live with the website. We had some expectations when we first started thinking of launching our project. Today we wanted to share with you what we have learned so far, and how we intend to go forward.
Building community engagement We are still really excited to bring the concept of dueltoken.io alive. It is a relevant need in the evolution of gaming and a strong use case for decentralization. In the end of 2017 — early 2018, we witnessed a strong influx of user interest in upcoming DApps. We were picturing a similar rapid and massive interest from the community as we are targeting the gaming community: a growing and digitally-native segment who embraces new technologies. We chose not to create social bounties as user engagement is far more valuable to us than a large number of inactive followers.
A working product So far, we have elaborated a product vision, both from a business and a technical point of view. We have also prepared some high-level wireframes to give you an idea of the experience we intend to put into place.
Now our focus will be directed towards developing a minimum viable product (preferably a minimum lovable product). In the same way as we intend to build dueltoken.io in the foreseeable future, we want this to be a collaborative effort. We will conduct a user story mapping session with the team, publish it online and integrate your feedback. You will help us decide which features should be part of the MVP. We believe that this is the correct approach to get you excited about dueltoken.io and excited about the future of the ecosystem — thus grow an engaged community.
Timeline For the time being, we are putting a pause button on the ICO. When the timing is right, when we’ve produced a working MVP and that we have started to build an engaged community, we will propose a new date for the crowdsale. For now, we will focus our time and energy on building the foundations to make this community grow.
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A few announcements
It’s been around 2 weeks since we announced dueltoken.io and went live with the website. We had some expectations when we first started thinking of launching our project. Today we wanted to share with you what we have learned so far, and how we intend to go forward.
Building community engagement We are still really excited to bring the concept of dueltoken.io alive. It is a relevant need in the evolution of gaming and a strong use case for decentralization. In the end of 2017 — early 2018, we witnessed a strong influx of user interest in upcoming DApps. We were picturing a similar rapid and massive interest from the community as we are targeting the gaming community: a growing and digitally-native segment who embraces new technologies. We chose not to create social bounties as user engagement is far more valuable to us than a large number of inactive followers.
A working product So far, we have elaborated a product vision, both from a business and a technical point of view. We have also prepared some high-level wireframes to give you an idea of the experience we intend to put into place.
Now our focus will be directed towards developing a minimum viable product (preferably a minimum lovable product). In the same way as we intend to build dueltoken.io in the foreseeable future, we want this to be a collaborative effort. We will conduct a user story mapping session with the team, publish it online and integrate your feedback. You will help us decide which features should be part of the MVP. We believe that this is the correct approach to get you excited about dueltoken.io and excited about the future of the ecosystem — thus grow an engaged community.
Timeline For the time being, we are putting a pause button on the ICO. When the timing is right, when we’ve produced a working MVP and that we have started to build an engaged community, we will propose a new date for the crowdsale. For now, we will focus our time and energy on building the foundations to make this community grow.
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What coins should I point my 2 GPUs to nowadays? Personally I'm most interested in, new coins with radically new algorithms. The reason why I focus on these is: I hold in the long run and prefer to support innovation. Any advice?
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Cryptoworld is so young so it is hardly can be told right now whether all alt coins are scam or not. Personally, I take any project announced as a betting or gambling network with a grain of salt. Actually, at any point of ICO a team may decide to abort it and run away with the money so it is really only up to them.
I do wonder why mention betting or gambling? Why do you think the notion of betting or gambling make it more likely for it to be a scam? I'm asking since we released dueltoken ( https://icoholder.com/en/dueltoken-io-20170) and would like to hear your thoughts on that. Although we are not aiming for a 'casino' kind of betting. We actually believe (and noticed from experience) that betting a small amount in any game between friends makes a game much more fun (ever played poker with no stake?).
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Well this is what the insightful Tone Vays claims...
He claims that ETH, DASH, shit 99.5% of all the ALTS are scams and the only coin that will survive is Bitcoin.
So l guess we should all sell our Alts now!
Many coins are scams yes, yet new coins, new algorithms and new ideas are making sure cryptocurrency does not stagnate. If that was not happening... blockchain would not survive. The bitcoin algorithm was a breakthrough but has flaws. And more flaws will be found. Will bitcoin survive for the next 100 years? I'm 99.99% certain that the answer is no.. Computers and algorithms will get better. Currently from a technical perspective we are already looking at bitcoin as a 'naive' implementation. And it is very likely that quantum computers will disrupt cryptographic secrurity which might render most current blockchains worthless. Besides of that, if people are making such statements, then you should realise that you can say the same about Bitcoin. Just because people believe in it, does not make sure that it is not a scam. The people who are in positions to be able to manipulate bitcoin price are often abusing this power to make more money, does this make bitcoin a scam? If bitcoin would come out by todays standards everyone would scream 'scaaaammm'. I believe people who are claiming this are just invested in bitcoin and trying to protect the price. That being said, every coin you invest in is a potential scam. It is the nature of people from the moment money in involved..
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Bounty open: The 28th of March 2018 at 4pm UTC will mark the start of the dueltoken.io ICO. We have prepared and thoroughly tested the ICO smart contract, and now we want to submit it to our community for review. Key elements of the ICO: The ICO is divided in 3 phases, with bonuses in earlier phases. The ICO starts with a first period of 24 hours limited to whitelisted members. The second and third phases are open to all. The contract allows for a refund of ETH if the soft cap is not met. Tokens can only be traded after the trade switch is called by the owner The token model is as following: https://dueltoken.io/#icoOpen-source development and transparency are crucial when building healthy ecosystems – which is the intent of dueltoken.io. We would like your help to review the ICO contract through the following bounty. ICO Review Bounty Bugs can’t be reported twice, the first person to report it in here or on our GitHub will receive the bounty. Contract source: https://github.com/dueltoken/token20,000 DUEL tokens for bugs that will cause funds to be lost or locked so they can’t be recovered anymore, e.g. no refunds are possible when softcap isn’t reached after the ICO. 10,000 DUEL tokens for bugs that will disrupt the intended flow of the ICO or its outcome, e.g. you can buy tokens at full bonus price throughout the entire ICO. 2,000 DUEL tokens for bugs that bugs with low impact, e.g. view functions are displaying wrong data but do not impact intended behavior. The bounty closes the 21st of March at 5 PM UTC. Feel free to contact us on our social media accounts or here in the comments. Website: https://dueltoken.ioDiscord: http://discord.dueltoken.ioTwitter: https://twitter.com/dueltokenioReddit: https://www.reddit.com/r/dueltokenioGithub: https://github.com/dueltoken
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Sign-up to the newsletter to be alerted when the registration for the pre-sale is open. Crowdsale participants should follow the rules of their own jurisdiction: check your local legislation to see if you can participate to ICO’s.
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Bounty open: The 28th of March 2018 at 4pm UTC will mark the start of the dueltoken.io ICO. We have prepared and thoroughly tested the ICO smart contract, and now we want to submit it to our community for review. Key elements of the ICO: The ICO is divided in 3 phases, with bonuses in earlier phases. The ICO starts with a first period of 24 hours limited to whitelisted members. The second and third phases are open to all. The contract allows for a refund of ETH if the soft cap is not met. Tokens can only be traded after the trade switch is called by the owner The token model is as following: https://dueltoken.io/#icoOpen-source development and transparency are crucial when building healthy ecosystems – which is the intent of dueltoken.io. We would like your help to review the ICO contract through the following bounty. ICO Review Bounty Bugs can’t be reported twice, the first person to report it in here or on our GitHub will receive the bounty. Contract source: https://github.com/dueltoken/token20,000 DUEL tokens for bugs that will cause funds to be lost or locked so they can’t be recovered anymore, e.g. no refunds are possible when softcap isn’t reached after the ICO. 10,000 DUEL tokens for bugs that will disrupt the intended flow of the ICO or its outcome, e.g. you can buy tokens at full bonus price throughout the entire ICO. 2,000 DUEL tokens for bugs that bugs with low impact, e.g. view functions are displaying wrong data but do not impact intended behavior. The bounty closes the 21st of March at 5 PM UTC. Feel free to contact us on our social media accounts or here in the comments. Website: https://dueltoken.ioDiscord: http://discord.dueltoken.ioTwitter: https://twitter.com/dueltokenioReddit: https://www.reddit.com/r/dueltokenioGithub: https://github.com/dueltoken
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New investors need to be more patient. We are investing in the future technology infrastructure.
I do like that point of view! Doing the same here. Either the coin goes a long way (in terms of years) or I lose all I 'invested'. No regrests.. although for me it is 'easier' since I only mined it and never bought a big amount. Since I mined them and don't have an exact amount of money that I 'invested' to buy them I do not see the coins that strongly as money I am losing. It is in my opinion not wise to invest (except for day to day trading) if you invest an amount of money where you are not prepared to go for the long run (or are prepared to lose everything), think about it... tomorrow there might be something seriously wrong about the blockchain in which you invested. I mined about 20-30 coins 3 years ago. From those 20-30, 2 went up significantly, the rest died or the amount I have is almost worthless. But those 2 coins were worth it.
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Some people mine because they believe in a coin and in that case it might be worth it in the long run. e.g. it was worth it half a year ago when I mined ethereum and monero because they went up a lot. If a coin I mine does not go up (I simply mine with a few GPUs) then it is often not worth it to me (in my specific situation).. but anyway, I needed some extra heating in winter
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Here, the tax you pay on winnings is 30%. You can try to ignore it but they are hunting down people that gained money on blockchain. Besides of that, most of the news I see is: - monero miners installed as malware - bitcoin broke through the 10000$ - bitcoin falling like a brick - bitcoin servers stolen - tax hunt on bitcoin investors - complains about fraude in cryptocurrency - bitcoinmining uses a lot of power Most is not so positive.. Often if you read the article you can see that they do not have a clue about the technology or the positive aspects of a certain cryptocurrency.
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From a few companies that focus on blockchain which I talked to: - people are getting more and more distrustful towards ICOs. Which is kinda logic giving all the examples of ICOs where the devs abandon the coin. - there are so many ICOs that the amount of funds to be raised diminishes. Maybe that will change in 2018 but I believe that it will be harder and harder to spot the honest projects in between the scam projects.
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What I noticed that affects price the most in the coins I've seen so far.
Short run: - a marketing team that talks about the coin, although in some cases people start believing or are invested enough in what is sold that it becomes a long run price raise. - famous people or organisations that are (or are rumoured to be connected to the coin, e.g. the basketball player that did a trip for potcoin or recently a famous poker player that got into the casinocoin board) - anticipation for the certain release of a feature (more often than not, price rises high in anticipation before that, then it just drops like a brick, no matter if the feature is good)
Long run: - following the roadmap, delivering on time often affects the price in the long run. - technical innovation (if it is actually marketed) on a feature that is hot atm. E.g. the privacy craze a few months back, but only the coins that were marketed (e.g. deep onion had quite some bounties for mentioning the coin on the forums or putting it in your signature). - and finally, real-life usage is the only thing that seems to keep the price stable or make it rise in the long run.
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I am looking for strong technical altcoins to GPU/CPU min. Are there any coins to be advised? I prefer to mine coins that I can keep in the long run instead of trading them directly. With strong technical altcoins I mean coins that differentiate, or use a complete new algorithm. A good example (imo) would be Quantum Resistant Ledger. Of course that one can't be mined. I am not looking for forks that just market coins differently.
It would be nice to include a small explanation what they do differently.
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I think neither of them is the future tbh and a combination of strong altcoins (different coins for different use cases and or features) will be the future. Other coins are still dependent on bitcoin/eth etc as an intermediary exchange value, once it becomes easier to convert altcoins to usd (a lot of projects are working on automatic exchanges etc) then there is no reason that a newer coin with a better technical implementation becomes the new standard for a certain use case or feature. Of course it will take some time for that to happen.
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Does someone have an idea how Anoncoin (ANC) compares to these? They barely don't do any marketing but are developing again since recently.
I am not an Expert but will try to tell you what I was able to find out. Anoncoin (ANC) can be used with TOR and I2P. It has quite a nice pre-built package which includes Invisible Internet Project (I2P) out of the box which is nice for beginners. Concerning coin ownership "first features would be stealth addresses and ring signatures". I hope this helps. Nice thank you, btw, as far as I know (I might be quoting them wrong), the anoncoin developers also believe that tor is a risk to be used for anonymity. Since it also hides all possible fraude. While I2P has less 'exit points' I think they called it and is therefore less prone to fraude. Why, I don't know. . If anyone can explain in more detail or correct me, feel free.
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Monero will never be in danger of anything. Any Monero clone or other coin can do whatever they want but they will never pace with amount Monero development. Monero have 300 contributors to the code, well actually we will soon hear the 2017 report. Developers are all that matters. Other coins can only copy past if they can at all. They are more then welcomed, because the more the merrier.
I do wonder whether 300 developers can accomplish so much more than a few very bright developers tbh. Software does not necessarily become better or development time does not necessarily go down if you have more developers.. The main thing you need is to align your team for a roadmap, where are you going, which anonymity features will you focus on. You need technical ideas. As far as I heard from talking to devs, the implementations are not extremely complicated. As in all software and if you compare it to software companies.. often a piece of software just grows too big to be competitive with the new small startups or in this case small teams with new ideas who just develop it completely different from the ground up. Do not forget that if a coin is launched, you often are limited with what you can change afterwards. There is always a risk in software that someone else does better.. And usually the actual revolutionary new thing comes from a very small team.
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