[PRE-ANN] OPAIR | Decentralized Debit Cards | OCaml | New Blockchain Platform

[Dank Frank]

I want to talk about the agreement between SJ and wasserman99
in my view:
1/ we need to release beta wallet and distributing xpo coins for all investors after then SJ will release funds (40% of escrow amount)to the project running .
2/ after funds released , wasserman99 should have information about listing exchanges (such as bittrex, polo, ect...) and we must have some talks on slack with presence of CEO Frank and HAO so that all investors need to be known about the legit project . this fact will clear all doubts from investors and it can bring back more funds for the project .
3/ finally the rest of escrow funds will be released to the project .

We should not let the project run slowly and it will effect all investors . They have to pay money for this project so no reasons to pause the process because of this problem

Regards,

agreed for it
it will the best

Yes i agreed too, but remember that the first wallet will be a normal qt wallet, they said that need a few months of works before the release of the new platform. Its normal, all the big projects take months after the ico before they launch the platform. I will add a point:

1/ we need to release beta wallet and distributing xpo coins for all investors after then SJ will release funds (40% of escrow amount) to the project running .
2/ SJ sent 7 btc to Lutpin to pay the signature campaign.
3/ after funds released , wasserman99 should have information about listing exchanges (such as bittrex, polo, ect...) and we must have some talks on slack with presence of CEO Frank and HAO so that all investors need to be known about the legit project . this fact will clear all doubts from investors and it can bring back more funds for the project .
4/ finally the rest of escrow funds will be released to the project .

Good health to Opair!

I agree with this, but remembet as kooke said, that the wallet will be a qt normal wallet, the beta version will come after some weeks, so this would be:

1/ we need to release the first wallet and distributing xpo coins for all investors after then SJ will release funds (40% of escrow amount)to the project running .
2/ SJ sent 7 btc to Lutpin to pay the signature campaign.
3/ after funds released , wasserman99 should have information about listing exchanges (such as bittrex, polo, ect...) and we must have some talks on slack with presence of CEO Frank and HAO so that all investors need to be known about the legit project . this fact will clear all doubts from investors and it can bring back more funds for the project.
4/ We release the beta wallet.
5/ finally the rest of escrow funds will be released to the project.


But before we sent a plan like this to sebastianju and he dont accept the plan, so he propose the refunds period and he release the remaining after that.

There is more then enough coin from 1st phase in your wallet to pay for bounties, all this makes me trust you guys even less. SJ should not agree to this.

[1714468613]

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[XbladeX]

....
Yes i agreed too, but remember that the first wallet will be a normal qt wallet, they said that need a few months of works before the release of the new platform. Its normal, all the big projects take months after the ico before they launch the platform. I will add a point:
.....
Good health to Opair!

woot ? while in main thread is:

"We estimate that we will have the first public Beta two weeks after we finish distributing the ICO"

I don't want wallet-qt from any alt coin creator for 0.1BTC and give those guys 40% of escrow money.
7 BTC of bounties can be paid from 65BTC from 1st page there is no problem in that.
33 000$ is anogth to bring some beta wallet to prove that devs are real devs and this is not puppet show.

If they deliver price will sky-rocket if they don't that will be another failed scam.

[Dank Frank]

....
Yes i agreed too, but remember that the first wallet will be a normal qt wallet, they said that need a few months of works before the release of the new platform. Its normal, all the big projects take months after the ico before they launch the platform. I will add a point:
.....
Good health to Opair!

woot ? while in main thread is:

"We estimate that we will have the first public Beta two weeks after we finish distributing the ICO"

I don't want wallet-qt from any alt coin creator for 0.1BTC and give those guys 40% of escrow money.
7 BTC of bounties can be paid from 65BTC from 1st page there is no problem in that.
33 000$ is anogth to bring some beta wallet to prove that devs are real devs and this is not puppet show.

If they deliver price will sky-rocket if they don't that will be another failed scam.

Exactly! They've done nothing through the ICO period to take any doubts away and now the ICO is over it seems they are looking for a quick way to release the escrow funds.

Can I just pm SJ with a signed message of one of my addresses I deposit with to get a refund? Or how does this work?

[wasserman99]

Dank Frank and XbladeX, we offer a plan to the escrow, where we'd pay the signature bounties and was not accepted. After release the wallet and spends more funds we need to know where we are, we need to have an agreement with the escrow, we can not work blindly. And yes, you'll be able to ask your refund if you invest in the second phase since most likely to happen is this:

We simply want to reach an agreement with the escrow to know how they will release the funds. But since we do not reach an agreement, we offered to make a refund to everyone who wants to leave the project and released the remaining funds after we release the wallet, make the distribution and hit an exchange.

Regards

[vasdav]

....
Yes i agreed too, but remember that the first wallet will be a normal qt wallet, they said that need a few months of works before the release of the new platform. Its normal, all the big projects take months after the ico before they launch the platform. I will add a point:
.....
Good health to Opair!

woot ? while in main thread is:

"We estimate that we will have the first public Beta two weeks after we finish distributing the ICO"

I don't want wallet-qt from any alt coin creator for 0.1BTC and give those guys 40% of escrow money.
7 BTC of bounties can be paid from 65BTC from 1st page there is no problem in that.
33 000$ is anogth to bring some beta wallet to prove that devs are real devs and this is not puppet show.

If they deliver price will sky-rocket if they don't that will be another failed scam.

You are right, absolutely agree

[kooke]

@vasdav and XbladeX..they said two weeks thinking they will raised 700 btc but the project raise a way less btc. Please read this:

2) Well, a few days after (less than a week) the ICO ends will be available a basic wallet to make the distribution but our platform will take a while to become available. We hope in the first month (at first we said two weeks because we thought we would accomplish our goal of 700 bitcoins. With current funds, all dates are being reviewed. We are also optimistic to reach our goal in the final days.) to launch the first open beta.

-   Since we are working on code from scratch, we are going to offer a basic wallet (after the ICO) which will migrate to the new platform when ready.

-   As we said throughout the thread, the idea is to launch a basic platform shortly after the ICO ends to start the distribution and, at the same time, try out the first Beta versions of our new platform. Once we have our first stable version we will transfer everyone to it on a pre-set date so as everybody is on the loop and no one is taken by surprise. The mining will continue on the new platform taking into consideration the stage found under the rules set it in here. We estimate that we will have the first public Beta two weeks after we finish distributing the ICO and the first steady version two months after the ICO. It may seem like a lot of time at first, but in order to achieve a solid and steady development it is truly a short one. Fortunately, we have been working on this project for months now and our expectations are high. 

Good health to Opair!

[BoldNinja]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

[wasserman99]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I agree with this! If the escrow also agree we can close the agreement.

Regards

[kooke]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I agree with this! If the escrow also agree we can close the agreement.

Regards

Sounds good 

Good health to Opair!

[casinobonusgiveaway]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I agree with this! If the escrow also agree we can close the agreement.

Regards

It is one solution, another solution, you and 2 devs can show identities to SJ, so that you are not afraid that anyone will threathen you, or influence devs' life, because only SJ will see their identities.

You should let SJ trusts you, now your action makes escrow can't trust you, because you aleays ask fund, and in general escrows have the responsibility the judge the project is legit or not, they have right to decline to pay if they think the team is not legit.

[CS86]

I invested a small amount to this in the first ICO Phase and as more that I read this here, it seems to me, I can say goodbye to my BTC. I'm relative new to Cryptocurrencies, but I wnt to make my thoughts too. Please correct me if I see something wrong.

So the problem seems to be that SU won't release funds without real milestones and wassermann can't release XPO without all funds. I totally agree with SU to release nothing. Making a cheap basic wallet and getting fast on an exchange, is the way every scam coin goes. And I wouln't even release a sat until some real work is done.

So wassermann says, he needs a timeline when the funds will be released to can plan his work, here is my suggestion:

1. Pay bounties from first ICO Phase.
2. Release basic wallet and get on exchange.
3. Plan the work for a functional wallet (not beta)
4. Start the POW Phase for the time planned for the functional wallet.
5. I don't know f ths is possible for SU, but let him set buybacks at about 150 sat for mined XPO. They should be hold b escrow.
6. When wallet is finished the whole BTC and XPO form escrow will be released to wassermann + XPO from the ICO will be released to the investors.

I think everyone who invest in an ICO should lan to make big money within a short time. And all who want to make some quick profit can mine them during th developement phase.

[Dank Frank]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I agree with this! If the escrow also agree we can close the agreement.

Regards

It is one solution, another solution, you and 2 devs can show identities to SJ, so that you are not afraid that anyone will threathen you, or influence devs' life, because only SJ will see their identities.

You should let SJ trusts you, now your action makes escrow can't trust you, because you aleays ask fund, and in general escrows have the responsibility the judge the project is legit or not, they have right to decline to pay if they think the team is not legit.

I also agree with BoldNinja.

@casinobonusgiveaway he is a trusted and well known escrow for similar projects, he won't release it for nothing. He already declined some ideas of releasing the escrow funds, I believe those coins are in good hands.

[3HATOK]

BoldNinja good proposal. Where sebastianju??  

[MartiniBlanco]

I don't see where is the problem. Simple

You received 60 BTC which is a lot in stage 1. That should get you a head-start and to get trust from investors :

1. Pay the bounties from stage 1 you will be left with more than 50 BTC
2. Release the wallet and distribute the coins if you think you got much less than you wanted well that's a risk every developer has to accommodate sometimes less is more in crypto ( a lot of now sucessful projects even started as a joke and are now in top 50 coins without any starting funds) apart from that I'm OK if you take that 9% that was reserved for PoW as development fund and that should give you motivation for your project to be properly developed.

Now for the escrow :

1. You get 20% of escrow when you distribute coins and post working basic wallet along with source (that's additional 15-18 BTC I don't know how much was raised in stage 2 )
2. You get 20% when you list it on Bittrex and not some shitty exchange (3 BTC listing fee will get you additional 15 BTC for development)

You are still left with more than 80 BTC (stage1+stage2) you can start developing the wallet you promised.

3. You get 20% when you release wallet you promised (beta one)
4. You get 40% when it's functional (I'm not saying smart contracts, debit cards, ... ) but that it is stable

I agree with this! If the escrow also agree we can close the agreement.

Regards

Sounds good 

Good health to Opair!

Sounds also good to me at this point.

[Dank Frank]

BoldNinja good proposal. Where sebastianju??  

He is right here: https://bitcointalk.org/index.php?topic=1558596.msg15794822#msg15794822

He is the escrow and has nothing to do with the project itself (perhaps as a investor). Maybe he is lurking sometimes, but he has no reason to get involved in the discussion in the thread.

[Dank Frank]

What was the funds of the first phase used for?

There are some bounties paid for translating the thread and that is it.

EDIT: The funds are still there.

[3HATOK]

BoldNinja good proposal. Where sebastianju??  

He is right here: https://bitcointalk.org/index.php?topic=1558596.msg15794822#msg15794822

He is the escrow and has nothing to do with the project itself (perhaps as a investor). Maybe he is lurking sometimes, but he has no reason to get involved in the discussion in the thread.

somebody call him here, we want to know what he thinks about proposal BoldNinja

[Digitalbitcoin]

What was the funds of the first phase used for?

There are some bounties paid for translating the thread and that is it.

EDIT: The funds are still there.

can we know which langues for translation are still pending as if interested and available can do it for bounty.

Also already good improvement in fund raising.

Will love to stake some of coins as have limited supply.

[kooke]

@isildur..they clarified a lot of times that the whitepaper will be ready before the launch of the new platform:

-   We are currently working on drafting an academic whitepaper, therefore, we will take a reasonable time due to detail and length thereof, but will be finished before the release of the Opair Mainnet.

About the whitepaper, we currently have no news, we are still working on it but as we said in the thread, will be available before the release of our platform.

Good health to Opair!

[malmoghetto]

Term 1 – Pre – Ann

-   Announcement
-   Web
-   Signature Campaign
-   Blockexplorer and tools
-   Translate the thread
-   Bounty
-   Donation FAQ

^ Pre Ann is finished now right? ^

Term 2 – Development

-   Extensive White paper and wiki about our new programming language on Github.
-   New wallet, focus on easy to use for everyone and mass market adoption.
-   Alias System.
-   Decentralized debit cards.
-   Light client
-   Implement trusted system and market core .
-   Support for assets-contracts via colored coins.
-   Smart Contracts. New programming language based on OCaml.
-   Private Chains.
-   Decentralized voting, messaging & mailing system.
-   Crowdfunding platform.
-   At this point, we want to focus on the speed and scalability of our platform.

^ Meaning this should be the plan for right now ~ the plan that SebastianJu is waiting to see before he can do anything else? ^

Yesm i think so, any other escrows do the same thing, the general pattern is release partial fund when they complete X% of roadmap. I heard that lisk team doesn't get a lot of fund, they use their own money if the fund is short, and 15k btc is not released in one time. This is very good way to protect investors, not only release a copy-paste wallet. SebastianJu is the most famous escrow, we hope to see this project can be a real in use and legit project