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Author Topic: Monero ICO  (Read 4505 times)
prettybuds (OP)
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May 14, 2016, 09:08:48 PM
 #1

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?
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May 14, 2016, 09:25:05 PM
 #2

Ehehah aha, WHAT?!


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May 14, 2016, 09:27:20 PM
 #3

I have no words.

Not your keys, not your coins!
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May 14, 2016, 09:36:53 PM
Last edit: May 15, 2016, 06:10:55 PM by mightyghz
 #4

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Monero is a great coin! I believe it will succeed when devs finished his product;
change the rules of distribution!?? I think it's bad for the ideology of cryptocurrency or opensource.
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May 14, 2016, 09:52:03 PM
 #5

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Are you talking about a Swap with an ICO?   Huh
prettybuds (OP)
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May 14, 2016, 09:56:31 PM
 #6

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Are you talking about a Swap with an ICO?   Huh

Actually I mean just like LISK is doing now. Close the old project (Crypti), offer some bonus for Crypti holders in the ICO. Reopen with the same code, edit/revise/finish it with the help of the ICO funds.
Monero can close the old chain and issue the ICO. Old Monero holders can exchange their coins for the new Monero.
This way Monero devs can revive Monero, and gain the funds necessary to finish the GUI and other important stuff that's been neglected.

 Cool
enjoyingthesunonmybalcony
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May 14, 2016, 10:04:40 PM
 #7

Very good idea! This way Monero can attract real users!

I heard Monero only has about 50-100 active users at the moment? Is this really the case?
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May 14, 2016, 10:09:24 PM
 #8

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Are you talking about a Swap with an ICO?   Huh

Actually I mean just like LISK is doing now. Close the old project (Crypti), offer some bonus for Crypti holders in the ICO. Reopen with the same code, edit/revise/finish it with the help of the ICO funds.
Monero can close the old chain and issue the ICO. Old Monero holders can exchange their coins for the new Monero.
This way Monero devs can revive Monero, and gain the funds necessary to finish the GUI and other important stuff that's been neglected.

 Cool


You know you're trying to fix a problem that doesn't exist? You can follow the progress with the following links:

https://bitcointalk.org/index.php?topic=753252.msg14830769#msg14830769

The presumption that throwing money or people at technical problems misses that bigger or more isn't always better--especially with complex programs that hinge on separate parts working seamlessly together. Or maybe a million monkeys could actually write Hamlet.

Though it seems pretty unlikely: https://en.wikipedia.org/wiki/Infinite_monkey_theorem


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May 14, 2016, 10:25:12 PM
 #9

I want to invest!
When will the ICO open Huh
How long will it run Huh
Thanks
smooth
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May 14, 2016, 11:22:03 PM
 #10

Actually I mean just like LISK is doing now.

Monero is doing fine, near peak market cap after two years (a peer group you can count on one hand easily), good liquidity, etc. Just as it has outlasted countless temporariy-hot ICO, etc. projects that allegedly had better ways to pay for development, it will likely outlast LISK as well.

Furthermore, unlike projects such as Crypti, no one could "close the project" even if they wanted to. You would have to convince literally 100% of the developers and community members -- something that isn't ever going to happen -- otherwise the project would continue. A good example here is Dashcoin, which Evan Duffield tried to buy and close, only to have the project switch repos and continue.

I would guess these two observations are not unrelated. A good test as to whether a supposedly decentralized cryptocurrency is worth giving any attention at all is to consider whether it would be plausible for someone to close it down.
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May 15, 2016, 03:36:16 AM
 #11

here is Dashcoin, which Evan Duffield tried to buy and close, only to have the project switch repos and continue.

Yeah, what a success story


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May 15, 2016, 03:40:30 AM
 #12

here is Dashcoin, which Evan Duffield tried to buy and close, only to have the project switch repos and continue.

Yeah, what a success story

You're missing the the point: It couldn't be shut down like Crypti, just because the developer(s) wanted to cash in.

(BTW, while it's obviously a small coin and mocking or bullying it based on size is pretty pathetic, its value is higher than it was before the shutdown attempt.)
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May 15, 2016, 05:01:58 AM
Last edit: May 15, 2016, 07:17:22 AM by BitcoinNational
 #13

monerICO

ICO are already a dirty word ... come fall ICO will be a stinkin dirty filthy word Wink

---
the point is most of the ICOs are vaporware products;
bleeding edge tech; unfinished junk;
the future of the 'smart 2.0' genre is going to be alot like the 'anon' boondoggle
(and yes Monero stands as the most legitimate in the field after the dust has settled)
((yet it too is still 'unfinished' beta))

mean while outside the crypto babble;
the general public will still favor: BTC, LTC, DOGE, and products that are identical to them say UNO Wink
this will go on for years before they even attempt to understand some of the more exotic flavors.


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May 15, 2016, 05:12:25 AM
 #14

Very good idea! This way Monero can attract real users!

I heard Monero only has about 50-100 active users at the moment? Is this really the case?

You may be referring to my recent analysis of node count, but nodes are not a good measure of active users. Does every bitcoin user run a node? No.

Should they? Thats a different question Smiley

And for what its worth, one interpretation of how things have played out is that the ICO is going on RIGHT NOW. Its been going on for 2 years, and it has about another 2 years until you could consider the ICO phase over. But who knows what the markets will do.

< Track your bitcoins! > < Track them again! > <<< [url=https://www.reddit.com/r/Bitcoin/comments/1qomqt/what_a_landmark_legal_case_from_mid1700s_scotland/] What is fungibility? >>> 46P88uZ4edEgsk7iKQUGu2FUDYcdHm2HtLFiGLp1inG4e4f9PTb4mbHWYWFZGYUeQidJ8hFym2WUmWc p34X8HHmFS2LXJkf <<< Free subdomains at moneroworld.com!! >>> <<< If you don't want to run your own node, point your wallet to node.moneroworld.com, and get connected to a random node! @@@@ FUCK ALL THE PROFITEERS! PROOF OF WORK OR ITS A SCAM !!! @@@@
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May 15, 2016, 02:12:55 PM
 #15

here is Dashcoin, which Evan Duffield tried to buy and close, only to have the project switch repos and continue.

Yeah, what a success story



it is a success since DSH Dashcoin is still a pain your asses you darkcoiners  Grin
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May 15, 2016, 04:51:59 PM
 #16

I don't get it why people still trying to glorify ICO projects and in their mission they attacking good old coins? Monero is giant and will have its time! I will collect as more as i can while price dont skyrocket. Monero alredy proved that have best developers-ever! Wink
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May 21, 2016, 03:58:50 PM
 #17

I think now that Monero has flopped they could consider relaunching the network with an ICO

I mean like LISK and etc is doing, just use an existing project (in Monero's case Monero, in Lisk's case Crypti), and relaunch it with an ICO to work on the unfinished product.

That means Monero devs can attract a lot of funds and then finally finish the GUI etc

what say you,  folks?

Are you talking about a Swap with an ICO?   Huh

Actually I mean just like LISK is doing now. Close the old project (Crypti), offer some bonus for Crypti holders in the ICO. Reopen with the same code, edit/revise/finish it with the help of the ICO funds.
Monero can close the old chain and issue the ICO. Old Monero holders can exchange their coins for the new Monero.
This way Monero devs can revive Monero, and gain the funds necessary to finish the GUI and other important stuff that's been neglected.

 Cool


Sounds like a good idea it could bring Monero to a new greater height but if ever they are going to do that they should be very transparent and they also need the consensus of the community..


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May 21, 2016, 04:19:47 PM
 #18

The trolling attempts are becoming weaker by the hour...

Die Würde des Menschen ist unantastbar
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May 21, 2016, 07:32:31 PM
 #19

We must look for something better than ICO
You watch what ICO has become now? In a simple deception of participants ...

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May 21, 2016, 07:40:32 PM
 #20

The trolling attempts are becoming weaker by the hour...

For your instance, I wasn't trolling at all.
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