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tipto
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July 13, 2016, 05:20:35 AM |
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217 BTC invested so far. Still need more people interested. Can Newbies have signatures with some bounties?
newbies as far as I can not  Bit it would be better if Newbies could because more attention and more BTC invested to read the 1000 BTC |
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Skylake
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July 13, 2016, 05:21:42 AM |
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any campaign ? how to join it ?
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Krushang (OP)
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July 13, 2016, 05:50:47 AM
Last edit: July 13, 2016, 11:19:40 AM by Krushang |
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2 days left to receive a 5% bonus. |
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Cointje
Full Member
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Activity: 166
Merit: 100
World's First Reverse Merchant Processor
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July 13, 2016, 08:22:23 AM |
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Over 216 BTC invested. Nice!  Wow new recognizes that which invest until 216BTC really fantastic !! it's good. Yes, so far so good. Not too hyped/overrated like Waves. |
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Psynthax
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July 13, 2016, 08:32:48 AM |
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I am still wondering what mining algo will be used.. will it work better on amd or nvidia gpus?
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wavespump
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July 13, 2016, 08:42:56 AM |
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how much will be a stratis in bitcoin?
The price of each Stratis token will be calculated once the ICO is over. With about 200 BTC invested right now the price of each Stratis token is 200 satoshi (0.00000200) Eg: with 1000 BTC invested the price of each Stratis token will be about 1000 sat (0.00001000) So, Krushang, the ICO period will be extended if 1000 btc is not invested... Yes the ICO will be extended. Investors that have already invested would like the Stratis project to launch. http://www.finyear.com/Stratis-ICO-Goes-Live-Makes-Blockchain-Apps-Easy-For-Businesses_a36680.htmlIs there a reference where the possibility of the ICO being extended is mentioned? I can't find it in the text below, the ICO terms from the blog, http://stratisplatform.com/2016/06/14/ico-terms/. Given that no refunds are being issued, I don't see how the terms can be changed after the ICO has started unless this was mentioned before hand, or at least, refunds should be available for those who don't agree with the changes to the terms. ICO terms from blog, 7-12-2016:
Stratis ICO
Information for investors
Summary: Blockchain-as-a-service – flexible, off-the-peg ledger deployment
Blockchain or Distributed Ledger Technology (DLT) offers a radically different paradigm of storing and managing information online. Decentralised ledgers lack the points of failure and associated security issues of traditional databases and top-down protocols, whilst at the same time posing their own unique challenges for effective deployment and maintenance.
The advantages in terms of costs, transparency, immutability, security and confidence that are characteristic of blockchain solutions mean that financial businesses, government departments and other organisations are exploring applications of all kinds with a view to delivering services more profitably and efficiently. However, reliable deployment of a new blockchain fit for purpose entails extensive overheads in terms of network infrastructure, development, security and ongoing maintenance. Moreover, use of an existing blockchain (such as Bitcoin) comes with numerous problems for a mainstream business, not least because users have no control over blockchain features or future development.
An attractive model for blockchain service provision exists in cloud computing. Cloud services may be tailored according to the needs of the organisation and infrastructure, platforms and software provided as services via web interfaces – without businesses having to take on the maintenance of these themselves.
Stratis will take a similar approach to blockchain deployment, enabling organisations to provision their own private blockchains, tailored to their precise needs but secured on the parent Stratis chain. This approach means there are few unnecessary overheads whilst allowing businesses to secure the benefits of a blockchain-based solution, developing services via powerful APIs and lite web-based clients.
ICO schedule
The Stratis ICO will take place over the course of 36 days, beginning at 17.00 EST on 21st June 2016 and ending at 17.00 EST on 26th July 2016.
Following the ICO, we will deliver a Stratis beta wallet based on Bitcoin Core. This will allow investors to hold and secure their own coins, while also allowing exchanges to list Stratis. Our priority is to deliver the Stratis C# Full Node development framework, while also developing our side chain technology and the blockchain-as-a-service platform in parralel. Although the Stratis Full Node will be developed on top of NBitcoin, significant development is required to create this C#/.NET Full Node framework. We aim to have the Full Node framework and mainnet released in December 2016, please note this a very conservative estimate due to the historical issues faces by other bleeding edge blockchain platforms.
Accepted coins, bonuses and security
The ICO will only accept bitcoin, and funds will be held in bitcoin long-term until needed. Investors who wish to participate in the ICO with altcoins will need to convert them to bitcoin first; no altcoins will be accepted directly.
Investors who deposit BTC in the first 120 hours (5 days) will receive a 20% bonus when Stratis tokens are distributed (i.e 1 BTC deposited in the bonus phase will count as 1.2 BTC for the purposes of allocation).
Bonus Breakdown for ico investors:
First 5 days (21st June-25th June) – 20% bonus
Next 10 days (26th June-5th July) – 10% bonus
Next 10 days (6th July-15th July) – 5% bonus
Last 11 days (16th July-26th July) – 0% bonus
Escrow Details
Funds will be held in multisig account. Paul Klanschek (TwinWinNerD), CEO of Coinimal, will hold one key. A second key will be held by trusted Bitcoin Escrow SebastianJu , Chris Trew the CEO of the Stratis project will hold the third key.
The funds will be released from escrow when the mainnet is live and investors are able to withdraw their Stratis. There will be a 2 week cooling off period after this milestone has been reached to ensure that the Stratis Foundation have delivered a stable network.
Coin supply and distribution
A total of 98 million coins will be distributed after the ICO 85.7% of Stratis tokens (84,000,000) will be allocated to ICO investors, while the remaining 14.3% (14,000,000) will be retained by the core team for development, marketing, partnerships and incentives programmes.
Breakdown:
ICO Investors- 84 million
Stratis Team- 8 million
Advisors and partners- 2 million
Bounties and campaigns- 4 million
Total- 98 million Stratis
Refunds?
Once you have invested BTC into the Stratis Project you will not be eligible for a refund.
Why invest?
Stratis tokens will fuel the Stratis blockchain and also the private chains (side chains) that will be part of the Stratis network. Stratis tokens can be used as a payment method for the decentralised app hosting functionality built into Stratis and the fuel for the Blockchain-as-a-Service platform. We will be developing and engineering many platforms and services on the Stratis blockchain that will help to build a healthy eco system around the Stratis Blockchain.
Consequently, adoption of Stratis and its private chains will entail increased demand of the finite supply of StratisCoins.
Like your findings, Krushang is contradicting himself, it is different from the terms. Could u explain it? OP? |
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freakying99
Sr. Member
Offline
Activity: 429
Merit: 250
Pythagoras and Plato are my brothers.
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July 13, 2016, 08:48:51 AM |
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how much will be a stratis in bitcoin?
The price of each Stratis token will be calculated once the ICO is over. With about 200 BTC invested right now the price of each Stratis token is 200 satoshi (0.00000200) Eg: with 1000 BTC invested the price of each Stratis token will be about 1000 sat (0.00001000) So, Krushang, the ICO period will be extended if 1000 btc is not invested... Yes the ICO will be extended. Investors that have already invested would like the Stratis project to launch. http://www.finyear.com/Stratis-ICO-Goes-Live-Makes-Blockchain-Apps-Easy-For-Businesses_a36680.htmlIs there a reference where the possibility of the ICO being extended is mentioned? I can't find it in the text below, the ICO terms from the blog, http://stratisplatform.com/2016/06/14/ico-terms/. Given that no refunds are being issued, I don't see how the terms can be changed after the ICO has started unless this was mentioned before hand, or at least, refunds should be available for those who don't agree with the changes to the terms. ICO terms from blog, 7-12-2016:
Stratis ICO
Information for investors
Summary: Blockchain-as-a-service – flexible, off-the-peg ledger deployment
Blockchain or Distributed Ledger Technology (DLT) offers a radically different paradigm of storing and managing information online. Decentralised ledgers lack the points of failure and associated security issues of traditional databases and top-down protocols, whilst at the same time posing their own unique challenges for effective deployment and maintenance.
The advantages in terms of costs, transparency, immutability, security and confidence that are characteristic of blockchain solutions mean that financial businesses, government departments and other organisations are exploring applications of all kinds with a view to delivering services more profitably and efficiently. However, reliable deployment of a new blockchain fit for purpose entails extensive overheads in terms of network infrastructure, development, security and ongoing maintenance. Moreover, use of an existing blockchain (such as Bitcoin) comes with numerous problems for a mainstream business, not least because users have no control over blockchain features or future development.
An attractive model for blockchain service provision exists in cloud computing. Cloud services may be tailored according to the needs of the organisation and infrastructure, platforms and software provided as services via web interfaces – without businesses having to take on the maintenance of these themselves.
Stratis will take a similar approach to blockchain deployment, enabling organisations to provision their own private blockchains, tailored to their precise needs but secured on the parent Stratis chain. This approach means there are few unnecessary overheads whilst allowing businesses to secure the benefits of a blockchain-based solution, developing services via powerful APIs and lite web-based clients.
ICO schedule
The Stratis ICO will take place over the course of 36 days, beginning at 17.00 EST on 21st June 2016 and ending at 17.00 EST on 26th July 2016.
Following the ICO, we will deliver a Stratis beta wallet based on Bitcoin Core. This will allow investors to hold and secure their own coins, while also allowing exchanges to list Stratis. Our priority is to deliver the Stratis C# Full Node development framework, while also developing our side chain technology and the blockchain-as-a-service platform in parralel. Although the Stratis Full Node will be developed on top of NBitcoin, significant development is required to create this C#/.NET Full Node framework. We aim to have the Full Node framework and mainnet released in December 2016, please note this a very conservative estimate due to the historical issues faces by other bleeding edge blockchain platforms.
Accepted coins, bonuses and security
The ICO will only accept bitcoin, and funds will be held in bitcoin long-term until needed. Investors who wish to participate in the ICO with altcoins will need to convert them to bitcoin first; no altcoins will be accepted directly.
Investors who deposit BTC in the first 120 hours (5 days) will receive a 20% bonus when Stratis tokens are distributed (i.e 1 BTC deposited in the bonus phase will count as 1.2 BTC for the purposes of allocation).
Bonus Breakdown for ico investors:
First 5 days (21st June-25th June) – 20% bonus
Next 10 days (26th June-5th July) – 10% bonus
Next 10 days (6th July-15th July) – 5% bonus
Last 11 days (16th July-26th July) – 0% bonus
Escrow Details
Funds will be held in multisig account. Paul Klanschek (TwinWinNerD), CEO of Coinimal, will hold one key. A second key will be held by trusted Bitcoin Escrow SebastianJu , Chris Trew the CEO of the Stratis project will hold the third key.
The funds will be released from escrow when the mainnet is live and investors are able to withdraw their Stratis. There will be a 2 week cooling off period after this milestone has been reached to ensure that the Stratis Foundation have delivered a stable network.
Coin supply and distribution
A total of 98 million coins will be distributed after the ICO 85.7% of Stratis tokens (84,000,000) will be allocated to ICO investors, while the remaining 14.3% (14,000,000) will be retained by the core team for development, marketing, partnerships and incentives programmes.
Breakdown:
ICO Investors- 84 million
Stratis Team- 8 million
Advisors and partners- 2 million
Bounties and campaigns- 4 million
Total- 98 million Stratis
Refunds?
Once you have invested BTC into the Stratis Project you will not be eligible for a refund.
Why invest?
Stratis tokens will fuel the Stratis blockchain and also the private chains (side chains) that will be part of the Stratis network. Stratis tokens can be used as a payment method for the decentralised app hosting functionality built into Stratis and the fuel for the Blockchain-as-a-Service platform. We will be developing and engineering many platforms and services on the Stratis blockchain that will help to build a healthy eco system around the Stratis Blockchain.
Consequently, adoption of Stratis and its private chains will entail increased demand of the finite supply of StratisCoins.
Like your findings, dev is contradicting himself, it is different from the terms. Could u explain it? OP? That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either. |
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Lazarus2016
Member
Offline
Activity: 98
Merit: 10
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July 13, 2016, 08:51:17 AM |
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2 days left to receive a 5% bonus. Indeed. I bought a few. |
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wavespump
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July 13, 2016, 08:52:56 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday.   And never seen any terms about extension. |
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freakying99
Sr. Member
Offline
Activity: 429
Merit: 250
Pythagoras and Plato are my brothers.
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July 13, 2016, 08:59:27 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. I dont like it either but all i am saying is repeating the same thing is not helping anyone , or is it ? |
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Krushang (OP)
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July 13, 2016, 09:07:20 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. |
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wavespump
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July 13, 2016, 09:16:43 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. I will decide to invest or not before ICO ending, I think your team has BTC core dev which is awesome and very attractive. There are 2 weeks ongoing, just wait.  1K should be very reasonable if you have so many competent devs, compared to waves team. They got benefits during DAO crazy crowdfunding period. But you will have brighter future than waves. |
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wwdz99
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July 13, 2016, 09:27:31 AM |
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Hi dev,
Where is the code of Project STRATIS?
Give me u code link!Github or blabla?
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Krushang (OP)
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July 13, 2016, 10:17:39 AM |
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Hi dev,
Where is the code of Project STRATIS?
Give me u code link!Github or blabla?
Stratis will be built on NBitcoin the most complete C# Bitcoin Library. You can check out Nicolas NBitcoin GitHub https://github.com/MetacoSA/NBitcoin |
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Krushang (OP)
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July 13, 2016, 10:40:25 AM |
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The OP had been updated with published news articles and translations.
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bitseedmike
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July 13, 2016, 11:01:24 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. I will decide to invest or not before ICO ending, I think your team has BTC core dev which is awesome and very attractive. There are 2 weeks ongoing, just wait. 1K should be very reasonable if you have so many competent devs, compared to waves team. They got benefits during DAO crazy crowdfunding period. But you will have brighter future than waves. Where did the 1K BTC figure come from? I didn't see any mention of a minimum funding threshold mentioned in the ICO terms. The project looks like it has promise, and I put some BTC in, and was considering more, but changing terms after ICO has started is cause for concern. |
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wavespump
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July 13, 2016, 11:04:29 AM |
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That is still an option the team is thinking. If you continuously repeat the same question then it makes no sense cause he already said that they can give a clear answer after the ICO ends. Not to mention that it looks ridiculous to break the terms of the ICO but i dont think repeating claims is any helpful either.
we need a clear answer so that more investors will come, including me, i don't invest a project if the terms are changing everyday. And never seen any terms about extension. The situation will be much clearer when the ICO over. If the ICO is successful investors won't receive a refund. As I mentioned an option is to extend the ICO if the funds invested is not sufficient enough for the Stratis project. A trusted escrow service is in place to protect our investors. It's quite simple, why would we not provide a refund if the Stratis project won't be moving forward. I will decide to invest or not before ICO ending, I think your team has BTC core dev which is awesome and very attractive. There are 2 weeks ongoing, just wait. 1K should be very reasonable if you have so many competent devs, compared to waves team. They got benefits during DAO crazy crowdfunding period. But you will have brighter future than waves. Where did the 1K BTC figure come from? I didn't see any mention of a minimum funding threshold mentioned in the ICO terms. The project looks like it has promise, and I put some BTC in, and was considering more, but changing terms after ICO has started is cause for concern. |
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Krushang (OP)
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July 13, 2016, 11:17:33 AM |
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Everyone please check your status. |
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