1385
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DCM] Digital Commerce 100% PoS Multipool/Merchant/Investor focused. Bittrex!
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on: June 23, 2014, 10:51:57 PM
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I've lost over 70% of me btc in this... but i do not really believe this is the right moment to sell...
The coin has a good name, the idea was pretty good but overambitious. Just copy some good ideas from other coins, hire some external devs if needed...
For example, try to realize what XAP is trying to realize. Their IPO does not look fair at all, but their idea does.
If you can do what they are doing faster and with the IPO funds, the price of this coin should skyrocket...
Or copy the idea of leaguecoin: a betting website for gaming. So you can bet on matches in Dota2 tournaments, GuildWars2 Tournaments, Starcraft .... whatever game.
Betting is always a great industry, just make a (even better: a decentralized) platform for betting on stuf you can't bet on yet.
Or... Just give up.. Put all the remaining funds at IPO price or something and give away the purchased coins, and the coin project itself, to some other developers...
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1386
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANNOUNCING] XAP coin - Open-Source the Internet - API Marketplace
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on: June 23, 2014, 10:27:18 PM
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XBT (BTC) Crowdsale 3,000,000 XAPs (30%)
Third Party Developers 2,000,000 XAPs (20%)
Core Developers 2,000,000 XAPs (20%)
Open Sourcing 2,000,000 XAPs (20%)
Node Incentive 1,000,000 XAPs (10%)
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So, let me get this straight.
If the whole thing sells out...
The crowd pays up to 8000BTC for the 3 million XAPs Who are the Third Party Devs? they get an equal of 5666BTC in XAPs Core developers received also 5666BTC in XAPs Who is Open Sourcing? They also receive 5666BTC worth of XAPs Who is Node Incentive? they receive 2,333BTC worth of XAPs
But besides the people participating in the crowdsale... none of the other parties actually pay to receive the XAPs?
Who's ruling over these 7 million non-publicly owned XAPs?
I do not understand... The crowdsale goes to the development of XAP?
But the 2 million XAPs going for free to the actual developers are also spend on development?
And the other 5 million are spend on specific development projects?...
Theres a lot of money coming in from the crowdsale and a lot of XAPs that are just handed over to a small group of developers before doing anything??
I remember Ripple got screwed cuz McCaleb was (and is still) threatning to dump his share of 9 billion XRP's.... There are significant shares of XAPs in the hands of single developers with this set-up? What if conflict emerges, a developer could crash the whole market with such amount of coins...
I bet this coin is serious and not a scam... but it's a little bit unfair right? Why need 7 Million XAPs for urself while already receiving the Crowdsale as a budget?
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1400
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCM] Digital Commerce 1.35 Mil coins 100% POS/Soon Anon/Accounting wallet.
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on: June 20, 2014, 09:04:41 PM
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Focus on creating a decentralized black market like voot is aiming for? You guys got the budget to realize it much faster than they can I guess. It's also how bitcoin started... It's not very original, but it's the type of commerce crypto is actually more useful then ordinary currencies. And it's a huge market: guns, drugs, organs, hostages & prostitutes. That's what all these nasty mofo's wanna buy. Create a nice environment for them Yeah, and then get taken down and sued into oblivion or actually go to jail. No thank you, I'll pass. Ye you're right. Other options
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