[ANN][CORONAZ] Corona Dapp Development Network | Hybrid Proof of Participation

[Braino]

What is hybrid proof of participation?

It's a new distribution model that will be introduced in the coming fundraiser for Corona.
We are quickly approaching the time in which all the info will be unveiled.

Still waiting for a real answer to this. So far your "Hybrid Proof of Participation" looks to be nothing more than a BS gimmick for this hyped nonsense.

Hello Braino,

Now that the fundraiser is approaching, we are able to answer your questions regarding HPoP.

Hybrid Proof of Participation is a new fundraising model in which you can participate with many different cryptocoins, not only with Bitcoin.
Not only that, the participant can also choose if to donate his coins or to burn them, hence "hybrid" model.

As described in the press release, our team has developed the Corona Index which determines a coin's true market value, that way we can avoid a situations that have seen before, where market manipulation at the time of the campaign resulted in an unfair distribution. Examples you can find in the Maidsafe and Blocknet presales.

Hope it is more clear now.
Feel free to ask any question.

We will host a AMA on Monday 1st of June, where everybody are invited to ask us anything regarding the fundraiser, by then the crowdfunding platform will be live.

Do you plan to share a paper about corona index?

Sure.

It will be published at the time of launch, because of the sensitivity of the material.

This is the topic you keep avoiding and deleting my posts for claiming I am trolling or fudding.
If you make a grand claim such as having an index "which determines a coin's true market value" this is a BIG claim. Determining a coin's "true value"?
I am sure many people would like to know how this is accomplished but you keep avoiding the question and are now claiming "sensitivity of the material".
How about just explaining how your (magic) index of true coin valuation works?

[teamcorona]

when will you release more information ?

Tomorrow 18:00 GMT all information will be live.
We will also host an Ask Me Anything (AMA), where everyone is invited to ask any question.

[chukiduck]

After investigating this project (team, wp, roadmap, application form and social network response) I understand it's genius !!!
Approaching altcoin communities by letting them investing with their useless coins is a very good way to promote the Corona network.

I still need to look into their index, will wait for its release.

[teamcorona]

when will you release more information ?

June 1st 18:00 GMT
At the time the fundraiser launches 

[teamcorona]

Where can i find more examples for fundraisers accept multiple currencies ?
And which projects raised fund by using POB (except counterparty) ?

Maidsafe had a presale that accepeted Bitcoin and  Mastercoin
Blocknet accepted various cryptocurrencies

Both didn't show a success trying to do so


About burning, Clearinghouse burned Viacoins...

[teamcorona]

Teamcorona - you plan to accept 569 currencies and 55 assets (coinmarketcap full list) ?   

Not all of them... but many....
The Corona Index will determine which coins will be accepted

Really interesting project, will there be any voting on witch coins will be added first?

Thanks.

The coins that will be accepted are not chosen by voting or by any human choice.
We developed a mathematical tool with certain rules that analyzes the public trading information available to everyone.
This tool, the Corona Index, will determine which coins will be accepted and which value they will have during the fundraiser

[teamcorona]

What is hybrid proof of participation?

It's a new distribution model that will be introduced in the coming fundraiser for Corona.
We are quickly approaching the time in which all the info will be unveiled.

Still waiting for a real answer to this. So far your "Hybrid Proof of Participation" looks to be nothing more than a BS gimmick for this hyped nonsense.

Hello Braino,

Now that the fundraiser is approaching, we are able to answer your questions regarding HPoP.

Hybrid Proof of Participation is a new fundraising model in which you can participate with many different cryptocoins, not only with Bitcoin.
Not only that, the participant can also choose if to donate his coins or to burn them, hence "hybrid" model.

As described in the press release, our team has developed the Corona Index which determines a coin's true market value, that way we can avoid a situations that have seen before, where market manipulation at the time of the campaign resulted in an unfair distribution. Examples you can find in the Maidsafe and Blocknet presales.

Hope it is more clear now.
Feel free to ask any question.

We will host a AMA on Monday 1st of June, where everybody are invited to ask us anything regarding the fundraiser, by then the crowdfunding platform will be live.

Do you plan to share a paper about corona index?

Sure.

It will be published at the time of launch, because of the sensitivity of the material.

This is the topic you keep avoiding and deleting my posts for claiming I am trolling or fudding.
If you make a grand claim such as having an index "which determines a coin's true market value" this is a BIG claim. Determining a coin's "true value"?
I am sure many people would like to know how this is accomplished but you keep avoiding the question and are now claiming "sensitivity of the material".
How about just explaining how your (magic) index of true coin valuation works?

First of all, we appreciate you taking the time to read our material,

We truly understand the fact that our followers want to be exposed to the Corona Index right away.
The reason why we haven't published it yet is that it could bring to raw market data manipulation prior to the fundraiser in order to change a coin's weight.

We don't expect anyone to donate his/her coins before reading the Corona Index whitepaper, and you will all have enough time to digest it after publication.
In the end, it's only 26 hours from now that it is published, so all we ask is a bit of patience.
We are sure that by tomorrow you will be convinced that it is not just a gimmick, but a result of a lot of thinking and hard work.

Just for you to know, this Index was developed over a period of 6 months and a lot of time was spent on it.

[tobaccoleaf]

I don't understand something though... maybe it's cause I'm a NOOB - But why would I BURN an alt?

Don't burn any coin of value. That's stupid imo, unless you are burning one that really is useless.... You're basically lowering the supply for the alt, making the price go up. Considering you're not holding vast amounts, burning your alts, thus making them theoretically increase their value, will hurt you, since you just gave up your holdings....

it's about time to get rid of my mastercoins after i lost 80%

You're not the only one!

[omibobi]

I was quite sarcastic two months ago looking at Corona... I believe I was making fun of your "creative fundraiser"...

Well  you have surely grown, 

Partnerships (Crypti to mention), Read some articles (nice buzz, loved the CoinTelegraph spread), and an impressive team (Grexx (Matthew Cox ) is working with Crypti as well, and Dustin Byington (co-founder for SatoshiTalent) are two to mention).

I'm just curious to see how you're gonna determine each coin's value (sounds official! ) so we'll see about that tomorrow, but I'll give you something, that's for sure.   

[mladen00]

Can't wait to buy some.

Everyone please join sig. campaign and spread info about Corona's

[teamcorona]

A bit more than 1 hour to launch !!

Exciting !

[lumeire]

Just read about this from my feed, glad it hasn't started yet. 

[immeraba]

[chukiduck]

Teamcorona - Are you a live ?

[Aterna]

Logo looks cool. Is this alive?

[teamcorona]

Last checks.
Will be live in a few.

[BTC-king]

Last checks.
Will be live in a few.

Good to hear dev!

[teamcorona]

A small glimpse to the platform
Sorry for the delay. The 21 days will be counted from the moment of launch.
Should happen any moment now.

[cryptoknight84]

A small glimpse to the platform
Sorry for the delay. The 21 days will be counted from the moment of launch.
Should happen any moment now.

What happens when you fill the bar?

[chukiduck]

Looks impressive, let the game begin.