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Author Topic: [ANN][CRB] Creditbit - ERC20 token  (Read 365251 times)
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DXB2017
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February 24, 2017, 07:48:21 AM
 #1301

My sugest to each one is to hold at least 100k now since price is real real good again for buy a good stock.
Its 12 days out before coin move to eth platform.

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February 24, 2017, 08:11:02 AM
 #1302

Yes exactly
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February 24, 2017, 09:51:23 AM
 #1303

This is game changer. Stock more than 100k crbit...
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February 24, 2017, 10:37:16 AM
 #1304

Guys don´t tell people how much to buy, it is on every person how much he can buy. For some poeple is 10k eur just pocket money for other is 10 k eur yearly sallary. I bought a nice amount but can not afford to buy more. Always invest money you can afford to lose this is the rule number 1!
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February 24, 2017, 11:51:56 AM
 #1305

Hello guys, I believe you are experts here so can you help me answer some questions? Smiley 1, In what category is the Creditbit first? In what category Creditbit promotes itself? 2, What new features this coin creates? How is it unique? 3, Are promises kept by devs? 4, Are features on roadmap delivered regularly? 5, What is overall state of development? 6, Can I find somewhere number of daily transactions?

Hey razor,
we are glad that you have raised this questions and are honored to answer them.

1. Creditbit will be a payment system for a Credit ecosystem of smart contracts. It's kinda hard to categorize the whole project as it has been planned as a collection of accompanying decentralised applications.
CreditDAO - Decentralised and censorship free governance. (Our take on fair and transparent democracy)
CreditGame - Decentralised gaming that rewards players for their commitment.
CreditBay - Decentralised comodity market, governed by the community.
CreditIdentity - Identification over the blockchain for those that want to be transparent in their endeavours.

about the promotion, when CreditDAO will be launched anyone will be able to join our promo team and help us with marketing, for that he/she will allso be compensated through a totally new way bounty system(We don't talk about it because the idea is not yet finalised, but if anyone want to help us please PMus on slack)

2. The coin will be a standard ERC20 compliant token on ethereum network. The additional features that the coin has(besides the accompanying projects that are fully integrated with the coin) are: New distribution system POP/T, locking mechanism, possibility of lending the coins and have collateral on the chain, the possibility to co create the whole development/marketing process if you are a holder, of course all the features of the ethereum network(fast block times, additional data in the transactions, strong and secure network) and much much more.

3. We hope so, we have just started and are doing the best we can to deliver even more that we have promissed.

4. We understand that the deadlines are constantly broken with almost every crypto project in this space. With that in mind we are doing the everything that the deadlines will be met or even surpassed!

5. We are hard at work, our whole team is preparing for the migration process that will start on 8. march. For other details please wait we will post development update soon...

6. At the moment you are able to see the transactions on one of the 3 block explorers (example: https://creditsight.creditbit.org/), but this is the old coin, for the new one you will see the transactions on ether scan when we will deploy the token.

Hope we answered all of your questions, if not please ask in more detail

and again thanks for the questions Wink,

yours, Credit Dev Team
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February 24, 2017, 12:42:18 PM
 #1306

Yes crbit is the future..
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February 24, 2017, 03:21:52 PM
 #1307

Today Im buying more with low price.
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February 24, 2017, 05:18:51 PM
 #1308

Me too.
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February 24, 2017, 05:56:25 PM
 #1309

Today Im buying more with low price.

I did same!

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February 24, 2017, 09:25:46 PM
 #1310

Dear members of our small but firm Community,

this is the last post regarding Creditbit token ecosystem, later posts will be, as promised, focused mainly on migration and development progress.
There are still many things to do; web page layout is done, texts need some polishing, forms are getting prepared. But most of all, we have to finish our main topic - DAO. For those of you, who haven’t read Part I yet, we recommend you to read it first.


DAO (Part II.)


Identity disclosure

Executive Board (EB) candidates must disclose their Identity to ensure that all 5 addresses belong to different persons. Elected Commons (EC) candidates are not obliged to disclose their identity, but we support the idea that each candidate should show a great deal of Trust and support to the Community, either with posting on forum, giving innovative and feasible suggestions, promoting token on Crypto Conferences etc.

Mandates

EB and EC mandate lasts for 6 months. Election process is automatically triggered and announced 1 month before the expiry (candidacy procedure).

Trust Levels Powers

EB have regular meetings, conclusions are public and posted on the media. It approves decisions with minimum 3 of 5 (approving) votes for the proposal. Main task of EB is to create proposals and trigger a voting process. It also manages Development Support Fund and represent CreditBit to the public and media. It is expected for members of EB to actively participate in a process of development as Product Owners, giving developers clear view on priorities of developing.

EC is a think tank of our Community. It produces new ideas, prepare draft proposals, drive marketing and promoting activities, review and test new applications etc. Each 14 days they appoint a Facilitator, an EC member who moderates and guides activities. Members work in groups on the projects, that are assigned to them from EB. They also manage Promotional Fund.

Management of Funds

All tokens donated to all three funds are permanently locked. Only interests from Staking process can be used for the fund purpose.
Development Fund is fully managed by the development teams representative at his/hers own discretion. Funds must be spent for development only. Frequent reports from Dev team will reveal the functionalities and apps under development.
Community Development Fund is managed by EB, each transaction must be approved by at least 3 EB members. Purpose of spending is in their own discretion, but regular reports must show reasons and the nature of spending.
Promo Fund is in full discretion of Elected Commons, transactions and awards will be voted in batches and released once a month.


We would like to thank you for your support, likes, retweets and shares. Maybe you noticed, we are entering chinese markets. We are as enthusiastic about this as you probably are.

You will hear from us soon...


Credit Dev Team

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February 25, 2017, 06:53:46 AM
 #1311

Thanks Creditbit dev team for updates!
In 3 days Dabtc china market start to trade creditbit.

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February 25, 2017, 07:05:03 AM
 #1312

It's time to stock more crbit before the coin live in DABTC. For your information all coins listed here is very blessed and i can say once this live the price will give you crazy same what happened to others coins listed there. Be smart guys..
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February 25, 2017, 07:06:33 AM
 #1313

Guys this is for our family future.
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February 25, 2017, 07:10:39 AM
 #1314

Dont wait for tomorrow. Act right now....
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February 25, 2017, 10:13:14 AM
 #1315

Great updates from the new Creditbit Team. Bright future is ahead. Now it's a really good entry price for new investors.
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February 25, 2017, 10:53:04 AM
 #1316

Great updates from the new Creditbit Team. Bright future is ahead. Now it's a really good entry price for new investors.


Yeah true! Enter price is real good!

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mctrader
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February 25, 2017, 04:34:24 PM
 #1317

Now is the best time to buy more crbit...the price is really good to make a profit...
TopCrypto
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February 25, 2017, 06:42:41 PM
 #1318

Great updates from the new CreditBit Team.
Bright future is ahead.

Now it's a really good entry price for new investors.
Work SMART - NOT hard !!!!!
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February 25, 2017, 07:39:15 PM
 #1319

Great updates from the new CreditBit Team.
Bright future is ahead.

Now it's a really good entry price for new investors.
Work SMART - NOT hard !!!!!

Like that... work smart not hard!

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romanekras
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February 28, 2017, 04:51:09 AM
 #1320

In the last update about Creditbit token ecosystem, the Creditbit development team also updated the community about the management of funds.
Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
The update titled DAO (Part II) was posted on Bitcoin Talk which had a section called Management of Funds, solely dedicated to the discussion on the working of the three Funds.
In a previous update, the development team had talked about asking the Creditbit community to allow the minting of certain amount of tokens and depositing them on three dedicated Funds, each with different function.
The three Funds under discussion are:
Development Fund – explicitly dedicated to cover some of expenses to the Development Team
Community Development Fund – dedicated to Development Support Team.
Promotional Fund – dedicated to Promo Team for promotional purposes.
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