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Author Topic: [ANN] [VERSA] Universal storage repo, Blockchain OAUTH, Antidotes + much more  (Read 21715 times)
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OZmaster
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July 09, 2015, 12:17:02 PM
 #61

Ico + pow = disaster for ico buyers, heaven for dumping miners.
GL I'm OUT.

There is no POW here, we'll go pure proof-of-stake after the initial sale ends.


can i stake on the android wallet? or only pc?

Yes, you will be able to stake on your smartphone, set up tor if needed + geo/local trader based on Satellite validation, meaning Versa servers will help binding an agreement between buyers and sellers and escrow your local trades.

ok thats great!
 
will the android wallet be avalible as soon as the pc one or a bit later?

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oniromancia (OP)
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July 09, 2015, 12:29:44 PM
Last edit: July 09, 2015, 12:48:30 PM by oniromancia
 #62


However, if the total amount pledged through this sale will not be enough to fund the development and disallow us to run an effective campaign, we'll use our personal finances to support the project. Versa has been the product of sleepless nights and days of hard work, and will evolve despite a lack of funding.


Thank you for answering my questions.  If this were a scam, I would expect you to be shilling a bit harder.  To me, that lends the project a bit more legitimacy.

What is in it for you guys though?  I understand at some point you and your team will most likely buy some of your own coins.  Thats kinda the glaring fault with ICOs, since those coins end up being free.  It's just the way things are though so I'm not really worried about it too much.

But is there a business model you haven't revealed yet?  Is the plan to make money selling licenses to the different components?  3 skilled developers aren't typically going to spend their own money and time slaving away at a project for no financial gain.  Which is very understandable, a man has to eat.

We won't sell the licenses... Closed source is actually a sort of easy, but we won't go 100% closed source, and won't keep it open source either. We'll have the inbetween consensus ready for the unnofficial launch of our alpha-build.

The point of restrictive license is that the codebase will be available for distribution to developers who need access to sources in order to build their project, that happens to be open-source, but we will require anyone who distributes derivatives to publish the source available under the same terms.

We would not be able to make clear business predictions because:

1) it is difficult to maintain market position when we're in the stage of ongoing crowdfunding campaign, i.e very beginning;
2) yet we don't control our distribution network and can't delve into details that can make or break our project - balance sheets, cash flow, budgeting;
3) we haven't finalized the question of timing but we sure it will have financial consequences that affect our overall planing model.

When we deliver our value, platform will rely on clear definition of benefits we provide to store your data via inlets, and that, we hope, will state our strategy for ensuring usability and client satisfaction.
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July 09, 2015, 12:31:44 PM
 #63

Ico + pow = disaster for ico buyers, heaven for dumping miners.
GL I'm OUT.

There is no POW here, we'll go pure proof-of-stake after the initial sale ends.


can i stake on the android wallet? or only pc?

Yes, you will be able to stake on your smartphone, set up tor if needed + geo/local trader based on Satellite validation, meaning Versa servers will help binding an agreement between buyers and sellers and escrow your local trades.

ok thats great!
 
will the android wallet be avalible as soon as the pc one or a bit later?

Will be up a bit later, after we establish our value proposition. We'll provide wallets for mobile platforms in a few days after the launch. However, after Satellites are out, we'll be able to equip wallets with even more auxiliary features.
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July 10, 2015, 03:08:15 AM
 #64

Whats mean "Antidotes"?


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July 10, 2015, 11:39:56 AM
 #65

How many coins did you sell until now? I discovered this coin only now. When the ICO will finish?

I know why your pray will never be answered!
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July 10, 2015, 01:29:13 PM
 #66

How many coins did you sell until now? I discovered this coin only now. When the ICO will finish?
Hi,

we sold 430K Versa, which is around 1.7 BTC. The Crowdfund ends on Friday the 17th, in one week from now.
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July 11, 2015, 08:35:32 PM
 #67

Btc raises, US dollar equivalent of any amount gets bigger, but this seems like a very very little.
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July 12, 2015, 12:24:23 AM
 #68

How many coins did you sell until now? I discovered this coin only now. When the ICO will finish?
Hi,

we sold 430K Versa, which is around 1.7 BTC. The Crowdfund ends on Friday the 17th, in one week from now.
You should probably correct this then:

The end date of this sale: 07.07.2015 6:58 UTC

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July 12, 2015, 12:36:06 PM
 #69

How many coins did you sell until now? I discovered this coin only now. When the ICO will finish?
Hi,

we sold 430K Versa, which is around 1.7 BTC. The Crowdfund ends on Friday the 17th, in one week from now.
You should probably correct this then:

The end date of this sale: 07.07.2015 6:58 UTC

Yes, yes, I've been told this multiple times. Fixed - 07.17.2015 6:58 UTC.
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July 12, 2015, 07:14:29 PM
 #70

I will probably buy near the end of crowdsale (or when there are few coins left).
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July 13, 2015, 10:15:31 PM
 #71

Is there a minimum ico fund for this? I mean shall you work on the project even if crowdsource is not enough?

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July 13, 2015, 10:21:24 PM
 #72

Is there a minimum ico fund for this? I mean shall you work on the project even if crowdsource is not enough?

This question has been brought up several times, try reading through the past comments. The major part of coding is in the works - yes, we'll be working on the project despite a lack of funds received through this crowdfunding.
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July 13, 2015, 10:32:48 PM
Last edit: July 14, 2015, 07:55:32 PM by oniromancia
 #73

https://i.imgur.com/X2SXYTQ.png
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July 13, 2015, 10:42:11 PM
 #74

Ummm so you have a blockchain and...? What is the news here exactly? Your just like describeing things you can do with a blockchain that doesn't make this coin anything special from the 1000's of cryptos out there by now...

Yawn

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July 14, 2015, 03:29:46 AM
 #75

What will happen to the remaining coins from ICO? What is the incentives for devs? Did you bought coins from ICO or will some portion of coins distributed to devs?
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July 14, 2015, 11:17:15 AM
 #76

Concept sounds promising.  I'm throwing some BTC at this ICO.  I'd rather the funds go to the creator to develop this tech than to the rented out miners at NH or MRR. 

What you fools that FUD ICOs fail to realize is that your BTC go to someone else no matter what - would you rather it is the DEV that will have a vested interest in the coin or to Chinese ASIC farms?  Or do you prefer the Chinese ASIC farms running scripts rape the hell out of POW phase and dump at 2% above mining cost on exchanges when the coin lists?
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July 14, 2015, 12:43:30 PM
Last edit: July 14, 2015, 09:00:18 PM by oniromancia
 #77

Ummm so you have a blockchain and...? What is the news here exactly? Your just like describeing things you can do with a blockchain that doesn't make this coin anything special from the 1000's of cryptos out there by now...

Yawn

We capture what really matters by keeping the features on the roadmap coarse-grained, and derive them from the pseudonews. We're defining what will be done and what we're working on. We have a preference to derive the project backlog from the roadmap when developing a brand-new cryptocurrency tech, that's why we're resisting the temptation of saying "We already have news", we'd rather say "The news will arrive along with our github commits" to emphasize that we will not be able to commit to more than we can we handle.

Instead we will leverage our ideas and knowledge and help ensure that our roadmap is realistic and actionable, and meeting a deadline is more important for the success of your pltaform. Haven't you noticed, in this post we're giving the rough estimates for the completion date of the first stage of our roadmap, including refining some of our code prebuilds. We might slightly shift back the target date for exhibition of our code if we incur issues with meeting deadlines, to be able to roll out once we are ready, within the suitable timeframe.
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July 14, 2015, 12:45:29 PM
 #78

What will happen to the remaining coins from ICO? What is the incentives for devs? Did you bought coins from ICO or will some portion of coins distributed to devs?

The remaining coins will be burned. There is no secret way of distribution other than genesis block, and the unified price is introduced for all coins available through the crowdfund providing we will not get the indirect rewards.
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July 15, 2015, 09:44:49 PM
 #79

If anyone is looking to invest in this coin, for C-cex hosted ICOs I'd recommend to wait for the dump after ICO ends, more than half the time there are those idiots that wind up selling at a loss  Roll Eyes
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July 15, 2015, 11:41:24 PM
 #80

If anyone is looking to invest in this coin, for C-cex hosted ICOs I'd recommend to wait for the dump after ICO ends, more than half the time there are those idiots that wind up selling at a loss  Roll Eyes

im looking into it but awaiting some volume, theres not much coins sold,, id like to knw whats the min amount needeed to be sold?

if that doesnt happen refound?

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.CoinChum.||..A GLOBAL P2P CRYPTO EXCHANGE..
..BUILT FOR TRADERS, BY TRADERS..
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