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sorinln
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July 11, 2016, 04:44:11 PM |
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I wanted to let everyone at this thread know Firsthttp://en.acnnewswire.com/press-release/english/31082/loyyal-announces-plans-for-ribbitrewardsLoyyal Corporation today announces a new and exciting direction for the legacy cryptocurrency known as RibbitRewards ($RBR). Shannon Code, Chief Architect at Loyyal and respected industry thought leader, will take ownership of the RibbitRewards related public block explorer and wallet. As an employee of Loyyal, Shannon was granted the lifetime access to the Loyyal platform to create and run RApp (Rewards Application) programs. He has decided to exercise this grant in order to take over RibbitRewards. As part of Shannon's plan to realize the potential of RibbitRewards ($RBR) he will take sole and independent ownership of the chain, wallet code, airdrop records and existing $RBR reserves. This transfer of ownership will enable Shannon to prepare the currency for a transition to a new program, as a RApp which will operate on the Loyyal platform under the name of synrgtech. "I'm excited about taking over the RibbitRewards Chaincode, Wallet(s), Block-explorer and various other pieces built to support the exploration of rewards on a blockchain. For more information on what the plan is, please head over to http://synrg.tech. This is a huge plus for me as I have many exciting ideas that can be realized within this system being built. By acquiring the legacy program I can bootstrap my RApp offerings with every existing RBR owner," said Shannon Code, Chief Architect Greg Simon, CEO and Co-Founder of Loyyal followed by saying, "We are excited that Shannon has proposed a plan that will not only benefit existing RibbitRewards members but also take advantage of the amazing features the Loyyal platform enables." The trademarks and domains associated with RibbitRewards were not included with the transfer and will be decommissioned. Further details are available at http://synrg.tech. Visit the new site here: http://synrg.techJoin the slack, be part of the discussion. -Shannon code Wow. Big news |
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kellendil
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July 11, 2016, 04:47:35 PM |
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I wanted to let everyone at this thread know Firsthttp://en.acnnewswire.com/press-release/english/31082/loyyal-announces-plans-for-ribbitrewardsLoyyal Corporation today announces a new and exciting direction for the legacy cryptocurrency known as RibbitRewards ($RBR). Shannon Code, Chief Architect at Loyyal and respected industry thought leader, will take ownership of the RibbitRewards related public block explorer and wallet. As an employee of Loyyal, Shannon was granted the lifetime access to the Loyyal platform to create and run RApp (Rewards Application) programs. He has decided to exercise this grant in order to take over RibbitRewards. As part of Shannon's plan to realize the potential of RibbitRewards ($RBR) he will take sole and independent ownership of the chain, wallet code, airdrop records and existing $RBR reserves. This transfer of ownership will enable Shannon to prepare the currency for a transition to a new program, as a RApp which will operate on the Loyyal platform under the name of synrgtech. "I'm excited about taking over the RibbitRewards Chaincode, Wallet(s), Block-explorer and various other pieces built to support the exploration of rewards on a blockchain. For more information on what the plan is, please head over to http://synrg.tech. This is a huge plus for me as I have many exciting ideas that can be realized within this system being built. By acquiring the legacy program I can bootstrap my RApp offerings with every existing RBR owner," said Shannon Code, Chief Architect Greg Simon, CEO and Co-Founder of Loyyal followed by saying, "We are excited that Shannon has proposed a plan that will not only benefit existing RibbitRewards members but also take advantage of the amazing features the Loyyal platform enables." The trademarks and domains associated with RibbitRewards were not included with the transfer and will be decommissioned. Further details are available at http://synrg.tech. Visit the new site here: http://synrg.techJoin the slack, be part of the discussion. -Shannon code Wow. Big news wowww we need to get more coins i knew that something was going on |
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hd060053
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July 11, 2016, 04:51:42 PM |
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can this news be seen negative ? (rbr price has dropped since announcement)
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How will the upgrade work?
You do not need to take any action if you already have some amount of RibbitRewards. Those rewards will be forever known as nRg Vouchers. Some time in the future, you will have the ability to transfer nRg to some location in exchange for the syn'Rg reward type.
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sandwraithBTC
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July 11, 2016, 05:08:58 PM |
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can this news be seen negative ? (rbr price has dropped since announcement)
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How will the upgrade work?
You do not need to take any action if you already have some amount of RibbitRewards. Those rewards will be forever known as nRg Vouchers. Some time in the future, you will have the ability to transfer nRg to some location in exchange for the syn'Rg reward type.
it seems like RBR won't be a part of Loyyal blockchain . They consider RBR as a LEGACY chain and RBR will only be big if it will be swapped to Loyyal chain. Loyyal is the one we care here look like a bad news to me. That's why people are dumping it T_T |
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dannyman (OP)
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July 11, 2016, 05:09:40 PM |
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Fuck them, they threw us under a bus.....I'm out of here.
If these big dumps were Loyyal guys pumping and then dumping their coins then its a double fuck you to them...
Basically they have palmed the project off to the tech staff to play with but it seems to me the tokens will now be worthless...the examples of what the tokens could be used for are laughable.
A reward program to reward my kids for doing projects on Khan Academy
Rewards for brushing your teeth every day.
Badges for checking off items from a bucket list.
Virtual scavenger hunt (VR meets IRL)
Virtual Travel Bug for GEO-Caching
GEo-Caching...give me a fucking break!!!
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genecyber
Newbie
 Offline
Activity: 58
Merit: 0
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July 11, 2016, 05:14:41 PM |
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The old chain will go away, a swap into Rewards programs created by me on the Loyyal platform. Any other programs on the platform will have the option to accept rewards from this new program. If a grocery store say decides to accept any rewards issued within the Loyyal platform, they will accept syn'Rg issued rewards as well.
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Wosterlee
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July 11, 2016, 05:15:07 PM |
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Seems like RBR will now be some kind of hobby project for one of the lead developers. I sold everything. The potential might not be obviously apparent at first so lets imagine some of the things I plan to build:
A reward program to reward my kids for doing projects on Khan Academy
Rewards for brushing your teeth every day.
Badges for checking off items from a bucket list.
Virtual scavenger hunt (VR meets IRL)
Virtual Travel Bug for GEO-Caching
A program that can issue rewards in exchange for website & application vulnerabilities. |
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dannyman (OP)
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July 11, 2016, 05:17:30 PM |
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Seems like RBR will now be some kind of hobby project for one of the lead developers.
I sold everything.
Me too I couldn't see quick enough though....oh well. This will go to sub 50 sats I'm sure....im not going to buy back cause I see nothing of value in this NRG bullshit. |
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dannyman (OP)
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July 11, 2016, 05:18:23 PM |
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The old chain will go away, a swap into Rewards programs created by me on the Loyyal platform. Any other programs on the platform will have the option to accept rewards from this new program. If a grocery store say decides to accept any rewards issued within the Loyyal platform, they will accept syn'Rg issued rewards as well.
Yeah but who the fuck wants NRG rewards? Its not as you say....it looks like its walled off... |
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Ghris
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July 11, 2016, 05:19:00 PM |
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Seems like RBR will now be some kind of hobby project for one of the lead developers. I sold everything. The potential might not be obviously apparent at first so lets imagine some of the things I plan to build:
A reward program to reward my kids for doing projects on Khan Academy
Rewards for brushing your teeth every day.
Badges for checking off items from a bucket list.
Virtual scavenger hunt (VR meets IRL)
Virtual Travel Bug for GEO-Caching
A program that can issue rewards in exchange for website & application vulnerabilities. Yep, wtf is that lol. Fuck that. |
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dannyman (OP)
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July 11, 2016, 05:22:26 PM |
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This sadly reminds me of Getgems. Guys come to this forum grab btc to fund their project and then do a bait and switch and go make something that enriches themselves only...fuck em.
Karma is a bitch though.....they know they are assholes.
Can you even believe the logos the guy thought looked good.....fucking hell. They looked like pic art on windows 95.
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PT92
Member
Offline
Activity: 107
Merit: 10
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July 11, 2016, 05:23:44 PM |
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Seems like RBR just got thrown in the bin.
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kellendil
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July 11, 2016, 05:26:20 PM |
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rbr got fucked unfortunately. at least i made profit
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genecyber
Newbie
Offline
Activity: 58
Merit: 0
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July 11, 2016, 05:26:32 PM |
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The old chain will go away, a swap into Rewards programs created by me on the Loyyal platform. Any other programs on the platform will have the option to accept rewards from this new program. If a grocery store say decides to accept any rewards issued within the Loyyal platform, they will accept syn'Rg issued rewards as well.
Yeah but who the fuck wants NRG rewards? Its not as you say....it looks like its walled off... Nothing is walled off. Any rewards programs can *by design* accept other rewards issued by other programs. The model is pretty simple and will be easy for other programs to say yes to. |
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m4nki
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July 11, 2016, 05:28:21 PM |
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I am also out. Sad that this nagi guy in the end was right, lol.
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self1sch
Full Member
Offline
Activity: 219
Merit: 100
https://foxtrading.io/?ref=xykdazw8
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July 11, 2016, 05:32:14 PM |
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nope thx I'm out as well  |
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kellendil
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July 11, 2016, 05:33:50 PM |
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I am also out. Sad that this nagi guy in the end was right, lol.
hahahaha you are right  |
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sorinln
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July 11, 2016, 05:34:51 PM |
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The old chain will go away, a swap into Rewards programs created by me on the Loyyal platform. Any other programs on the platform will have the option to accept rewards from this new program. If a grocery store say decides to accept any rewards issued within the Loyyal platform, they will accept syn'Rg issued rewards as well.
Yeah but who the fuck wants NRG rewards? Its not as you say....it looks like its walled off... Nothing is walled off. Any rewards programs can *by design* accept other rewards issued by other programs. The model is pretty simple and will be easy for other programs to say yes to. I think they don't understand the concept... Loyyal will be a network and NRG will be part of that. What is so hard to understand? |
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kellendil
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July 11, 2016, 05:34:57 PM |
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at least most of us had thanks to dannyman a low buyin price. so still profit
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Ribbetlover
Newbie
Offline
Activity: 33
Merit: 0
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July 11, 2016, 05:38:05 PM |
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The old chain will go away, a swap into Rewards programs created by me on the Loyyal platform. Any other programs on the platform will have the option to accept rewards from this new program. If a grocery store say decides to accept any rewards issued within the Loyyal platform, they will accept syn'Rg issued rewards as well.
Yeah but who the fuck wants NRG rewards? Its not as you say....it looks like its walled off... Nothing is walled off. Any rewards programs can *by design* accept other rewards issued by other programs. The model is pretty simple and will be easy for other programs to say yes to. I think they don't understand the concept... Loyyal will be a network and NRG will be part of that. What is so hard to understand? hehehe They are idiots I just bought a ton cheap. They don't get this is how we will be part of Loyyal platform. The tokens will be transferable across EVERY single brand who get involved and allows cross use of tokens. i.e. Even an airline will be happy to take them IF they have value which they will!!!! Buy you fools. This is the 1:1 transfer that was hoped for. |
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