[ANN] NEWB - The crypto market's dirty little secret

[landomata]

[sunce33]

Bounties for  (Serbian) translation?

[gravitate]

so how much you hope to raise for the crowdsale?

[yns1971]

I NXTTY holders.
Can I get NEWBIUM use NXTTY.

Yes

that's nice!

[gravitate]

Can anyone break this down in stupid terms? Pretend you are talking to a little 5 year old kid. Thanks

[Celendion]

join signature

[gravitate]

join signature

Were you replying to me there?

[landomata]

Bounties for  (Serbian) translation?

Yes

[landomata]

Can anyone break this down in stupid terms? Pretend you are talking to a little 5 year old kid. Thanks

The Newbium white paper will be released very shortly.  It will make everything more clear.

[landomata]

I NXTTY holders.
Can I get NEWBIUM use NXTTY.

Yes

that's nice!

NXTTY to Newbium (NEWB) Swap Plan

1) 100,000,000 NXTTY representing 10% of the NXTTY coinbase will be swappable.

100,000,000 NXTTY for 1,000,000 Newbium (NEWB) Tokens.

Ratio - 100 : 1

So if you swap 100 NXTTY you will receive 1 Newbium (NEWB) token.


2) Current holders of NXTTY will be able to swap 20% of their NXTTY holding for Newbium.


3) Anyone who purchases NXTTY on an exchange from April 15 to  April 30th (UTC time - 00:00) will be eligible for 100% NXTTY -> Newbium (NEWB) swap.


4) The swapped Newbium (NEWB) tokens will be distributed after the Newbium crowd sale is finished.


5) The swap process will be published very shortly.

[landomata]

so how much you hope to raise for the crowdsale?

The Newbium crowdsale will be capped somewhere between USD 500,000 - 800,000.


Breakdown of the coin distribution:

40% - crowd sale
9% - rewards for bounties, campaigns, swaps & strategic partnerships
51% -  will be held, pending a vote by the Nxttycoin community on long term distribution.  The vote will take place sometime after the crowd sale is finished.  These coins will not have any immediate impact on the Newbium market.

[jw_industry]

is their a current value for newbuim?

[Moneroman88]

Would you describe this as a next-gen crypto platform?

[landomata]

is their a current value for newbuim?

The value will only be known once the crowdsale starts.

[landomata]

Would you describe this as a next-gen crypto platform?

I would not describe Newbium as a crypto platform but rather a platform which integrates cryptos into something larger.

[MsCollec]

Good luck, 51% premine for the developer after getting bitcoin in presale

[landomata]

Good luck, 51% premine for the developer after getting bitcoin in presale

The 51% is not for the dev team but for the Nxttycoin community.  The 51% will be held and the long-term distribution method will be determined by community vote.

The 51% will not be entering the Newbium market anytime soon.

[madjihad]

Interesting Project, I'll be Joining the Campaign
Waiting for ICO

[zrunfeng]

NXTTY is a failed project,why do you believe this can success?

[landomata]

NXTTY is a failed project,why do you believe this can success?

This is a completely different market & product....also, we have learned quite a lot since we 1st launched Nxtty.  We hope to use that hard earned experience to make Newbium a success.


Also, the social chat & encrypted messaging technology we developed for Nxtty will be integrated into Newbium.