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McVenture
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February 20, 2017, 10:06:09 PM |
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....and to prevent our funds from becoming more depleted with little to show for it...
Sooo, whats left? And how much did Justin/Dont Panic, cost the fund? Hi, the quarterly financial report which will cover November 1st 2016 to January 31st 2017 is set to be released by the end of the week. This report together with the previously released report will give full disclosure on how much was spent so far. Link to previous report: http://forum.rise.vision/topic/69/expense-report-july-october-2016 |
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Mr.Pro
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February 20, 2017, 10:11:11 PM |
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So, I can say this project is dead.. Justin left cos he fucked up everything people lose money GOODBYE to rise.. worst team its failure after failure and still failure in the end.
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McVenture
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February 20, 2017, 10:44:23 PM |
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LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?
Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after. Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, if/when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings. |
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seektree
Member
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Activity: 104
Merit: 10
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February 20, 2017, 10:49:46 PM |
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LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?
Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after. Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings. can i set up a node and become a delegate for rise ? |
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McVenture
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February 20, 2017, 10:59:09 PM |
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LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?
Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after. Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, if/when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings. can i set up a node and become a delegate for rise ? Yes, you can become a Delegate for Rise. Simply write a proposal on the official Rise forum at http://forum.rise.vision/category/14/proposalsand tell us why the community should vote for you. You will then be added to our list of Delegate Candidates. Once Rise Classic mainnet is updated to the latest LSK code, instructions will follow on how to set up and run the node. |
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neiq
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February 20, 2017, 11:16:16 PM |
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How exactly is this "great news" Their pretty much saying we're back to the ICO status in terms of development..... this is a great news!!
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seektree
Member
Offline
Activity: 104
Merit: 10
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February 21, 2017, 12:50:20 AM |
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LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?
Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after. Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, if/when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings. does this mean, it will be a year for rise classic SDK and potentially longer for RISE 2.0 ? or are you planning on launching RISE 2.0 sooner? can we get a roadmap? I think the incentive with the casino is a good one however maybe offer a better one and give people a reason to buy and hold rise? similar to waves and the wct token? also when is the new website launching? thanks. |
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neiq
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February 21, 2017, 02:17:47 AM |
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Also what's the timeline for Chipz ? Yea it may sound good but how far off are casino deals and actual coin release etc ?
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McVenture
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February 21, 2017, 06:10:32 AM
Last edit: February 21, 2017, 06:45:19 AM by McVenture |
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LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?
Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after. Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, if/when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings. does this mean, it will be a year for rise classic SDK and potentially longer for RISE 2.0 ? or are you planning on launching RISE 2.0 sooner? can we get a roadmap? I think the incentive with the casino is a good one however maybe offer a better one and give people a reason to buy and hold rise? similar to waves and the wct token? also when is the new website launching? thanks. Hi Seektree, Yes, because Rise Classic will follow LSK roadmap it will probably be by the end of the year to see a working SDK, unless LSK finishes earlier. At this moment it's too soon to say what the timeline for Rise 2.0 will be. The new dev still needs to review what was done on it so far by the old dev team. Priority right now is to get Rise Classic up to date ASAP so the community can start forging rewards through the Delegates system. After that the Rise Classic holders will be rewarded with a Chipz airdrop. Because of the recent development changes as announced by Scifirem the new website that was in the works needs to be updated to the new situation and will be published once the details of the new direction are worked out. |
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McVenture
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February 21, 2017, 06:30:47 AM |
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Also what's the timeline for Chipz ? Yea it may sound good but how far off are casino deals and actual coin release etc ?
Hi Neiq, Chipz is a brand new project for the benefit of current Rise holders. It only just begun, there's no timeline yet, a lot of details still need to be worked out but it is certain that the Chipz airdrop will take place AFTER Rise Classic mainnet has been updated and is forging rewards on Community Delegate nodes, which is the highest priority right now. |
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McVenture
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February 21, 2017, 06:39:25 AM |
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Hi Cebb, The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know. |
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cryptoboy.architect
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February 21, 2017, 06:48:11 AM |
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Hi Cebb,
The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.
That's too funny... When devs don't feel they can secure their own coin, they put it on an exchange! Makes perfect sense!  |
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cebb
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February 21, 2017, 06:56:38 AM |
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Hi Cebb, The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know. Why not transfer the RISE to a separate address for which only you have the seed. Or is the current RISE web wallet not secure? How are we suppose to keep an eye on the exchange's top address 24/7 just to make sure that the RISE are not being sold? Pardon my skepticism but the RISE team have not been forthcoming with whats happening behind the closed doors. You only inform us of the events after it is too late. You should be more pro-active with communications. |
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malcovixeffect
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February 21, 2017, 06:58:17 AM |
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Hi Cebb,
The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.
That's too funny... When devs don't feel they can secure their own coin, they put it on an exchange! Makes perfect sense! Its makes a perfect sense this move makes rise secured cos they can sell it whenever they like. Dont trust rise they are in the middle of bankruptcy |
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JanDzban
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February 21, 2017, 07:03:58 AM |
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My God, first time i hear that if you want secure your coins, send it to an exchange
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malcovixeffect
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February 21, 2017, 07:13:59 AM |
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Price went down are they planning on a ninja slow dump unlucky for them someone noticed the ninja transfer hahaha
Nice cebb for noticing it.
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vanarebane
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February 21, 2017, 07:27:00 AM |
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My God, first time i hear that if you want secure your coins, send it to an exchange
LOL, this it first time too, generally we think local wallet is the most safe place to store coins, but they are so different and weird. It makes my hilarious day. |
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McVenture
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February 21, 2017, 07:32:25 AM
Last edit: February 21, 2017, 08:07:54 AM by McVenture |
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To prevent any misunderstanding that flowed out of the previous post: the dev fund wasn't moved because there is any issue with the Rise wallet system. The wallets are fine. The move was to ensure the old dev team wouldn't have any access to it.
As some of you already pointed out, the safest place for the dev fund is in a wallet of which only the remaining co-founders possess the keys.
It is confirmed that the funds will be moved off of Bittrex later today. The new permanent Rise address for the fund will be announced and it obviously will be visible for everyone on the Rise rich list.
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andrealandia
Legendary
Offline
Activity: 1470
Merit: 1000
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February 21, 2017, 08:58:25 AM |
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oh crazy dump, there is an user with 11,106,887 coin that i think is the dev..
i hope he don't sell
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