[ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*

[someonesomeone]

Congrats, that is a nice amount that you got there. Just make sure to put all your efforts into furthering development not to attending a bunch of conferences because from experience with another coin, that doesn't work

[bitcoinuserz]

What do you do now to hedge that?

To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds.

hey one question devs, what do you guys do with the unsold tokens? burn em?

All 25 Million HEAT are distributed. So each investor receives more than you were prepared for!

When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?

The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon.

You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed.

good shit man  So if i had like 10 Heat, approximately how much would i be getting?

[Kazadar]

What do you do now to hedge that?

To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds.

hey one question devs, what do you guys do with the unsold tokens? burn em?

All 25 Million HEAT are distributed. So each investor receives more than you were prepared for!

When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?

The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon.

You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed.

good shit man  So if i had like 10 Heat, approximately how much would i be getting?

I cant do the the exact calculations at the moment but a rough calculation would be around around 15 HEAT.

[durerus]

Little less prolly. My guess is 1:1.4

[bitcoinuserz]

What do you do now to hedge that?

To ensure company is funded properly this time we go the oldschool way and take most of it out in EUR. 2 years ago we didn't, and lost 60% of funds.

hey one question devs, what do you guys do with the unsold tokens? burn em?

All 25 Million HEAT are distributed. So each investor receives more than you were prepared for!

When can the investors who invested via C-Cex expect to receive their HEAT according to the new price?

The HEAT stakes on C-CEX are already tradeable. Their amount will be adjusted according to the distribution multiplier we calculate, hopefully soon.

You'll be able to withdraw HEAT from exchanges in September when the genesis block tokens have been distributed.

good shit man  So if i had like 10 Heat, approximately how much would i be getting?

I cant do the the exact calculations at the moment but a rough calculation would be around around 15 HEAT.

niiiiiice. good shit.

[LiskEnterprise]

What is actually being sold on

exchanges

right now?

Is it the HEAT coin - one out of the 25 million?

How are their coins there and should their price reflect the last stage of entry or the new figure of 25 million divided by the total BTC taken in?

I think is about 0.000065 BTC x 25000000 = 1625btc

[tobsnn]

Please open up slack for some deep technical discussions. Would be very appreciated.

For now I am very excited to read a new article by Roger Aitken on Forbes. His last article (http://www.forbes.com/sites/rogeraitken/2016/07/10/decentralized-exchange-turns-up-heat-with-blockchain-start-up-support/#49506f544baa) had brought me some light. Guess when it comes to IPO there will be lot of public interest on heat ledger. Will be go down to the wire who is making the race, overhyped and big whale funded waves or guarded but ambitious and on high grade business focusing 3.0 heat ledger.

Best wishes to both indeed.

[Thefrolly]

is there a heat slack?

[Eliphaz Fimk]

Thanks for the wishes etc.

There's HEAT slack on Supernet https://sprnt.slack.com/messages/heat/team/heatledger/ however I'm rather a n00b on that area and not able to provide "user support" on how to join it etc. Only able to write there occasionally, we'll have to get someone to take care of that until we get the HEAT forum online.

Congrats, that is a nice amount that you got there. Just make sure to put all your efforts into furthering development not to attending a bunch of conferences because from experience with another coin, that doesn't work

Not a big fan of conferences but it's good to have validation of that opinion.

Still spinning the numbers for a good while.

[gotthemeaning]

Can i trade my heat i bought  on alcurex or do i wait til September?

[Eliphaz Fimk]

We've got the preliminary number for the distribution multiplier:

Number of HEAT coins per stake = 1.45 x stake

Numbers based on stuff like this: 

What is actually being sold on exchanges right now?
Is it the HEAT coin - one out of the 25 million?

It's the stake (credit / ICO token).

All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT.

[idolacchacked]

We've got the preliminary number for the distribution multiplier:

Number of HEAT coins per stake = 1.45 x stake

Numbers based on stuff like this: 

What is actually being sold on exchanges right now?
Is it the HEAT coin - one out of the 25 million?

It's the stake (credit / ICO token).

All those HEAT holdings now traded on exchanges will be multiplied by approx. 1.45, after which 1 token is equal to 1 HEAT.

how long will this take?

[Eliphaz Fimk]

Week or two, give or take a week

Could be this week, depends on the final exact figure pending and arrangements required with exchanges.

[Tommyhurley]

Heat on sale on C-cex for people that mist the ICO..

[Fern]

Can anyone confirm that the HEAT tokens purchased on CCEX are safe. i.e. If CCEX was to fail, the tokens are separate and safe?

[Kazadar]

Can anyone confirm that the HEAT tokens purchased on CCEX are safe. i.e. If CCEX was to fail, the tokens are separate and safe?

At the moment they dont have the real HEAT tokens so you cant really steal them.

Once they get swapped for the real HEAT tokens and the blockchain is up they could be stolen like all other crypto.

* Edit - Btw I do find it a bit strange that people are already selling under ICO price.

[Eliphaz Fimk]

Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.

Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.

* Edit - Btw I do find it a bit strange that people are already selling under ICO price.

Pls look at the bottom right part of the image posted above. That'll be the real ICO price.

[Kazadar]

* Edit - Btw I do find it a bit strange that people are already selling under ICO price.

Pls look at the bottom right part of the image posted above. That'll be the real ICO price.

I misread it as 1 HEAT ICO token would be 1.45 HEAT.
But 0.000065 is only profitable for the fimk investors so I still consider it very low.

[idolacchacked]

Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.

Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.

* Edit - Btw I do find it a bit strange that people are already selling under ICO price.

Pls look at the bottom right part of the image posted above. That'll be the real ICO price.

i understand the buy price will be after we get the extra coins, Kazadar is saying strange that ppl selling lower than the buy price

[pieterjanvh]

Tokens on Alcurex and C-CEX aren't secured and we don't - and by now pretty much can't as the stakes have been already mixed - have data about their holders.

Using 3rd party escrows is a double edged sword. Centralized exchanges always carry a risk. Thumbs up any risk won't have time to materialize before the HEAT tokens can be claimed.

But C-Cex buyers will also get x1.45 their HEAT, right?