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Author Topic: [ANN][INCNT] Incent Loyalty | Waves Token | Traded on Bittrex  (Read 469070 times)
KarlKarlsson_
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January 22, 2017, 02:12:33 PM
 #2781

Our update in plain text form. Feel free to share: https://twitter.com/KarlKarlsson_/status/823172746209267712

Incent Update 22 Jan 17

G’day Cent’urions!  

So it’s been a little over one working month since our ICO closed and I wanted to take a moment to update you all on where we stand.  

We’re Building...  
As we continue to sweep up the ICO distribution tail it won’t surprise any of you to learn that we are in ‘build’ mode, and you will be pleased to learn that work is advancing nicely on the core product. Contextually, the task before us looks like this…    



As you will see, we conceptualise the build as 4 distinct components, and have targeted the end of 2017 Q1 to have a working MVP together. That’s just 10 weeks away….(!).  

You will also note that this diagram probably looks very similar to what BitPay might have drawn back in the day (and their wallet has just emerged from Beta!). I don’t say this to court butterflies or sympathy as we have absolute confidence that we can build it, but I ​do ​ want you all to be clear about the scope of the task before us. It’s a big job.  

To help us get across the work, we have taken on a second, very experienced and capable dev, Kyle Hengst, who is very well known to both Peter and I. The two of them are currently working on the Ops Management component and Peter is working separately with Waves’ ‘Hawky’, to prepare the path for a switch of focus to Crypto Integration with the Waves platform. This is clearly vital as it is the means by which the front end interacts with the underlying market for Incent to settle transactions. Once this component is complete we’ll be able to hook it up to a slick consumer wallet, which we will likely commission to a third party - most probably an outfit like ​Crew​. Finally, the exact nature of the first merchant API will depend on who is the first cab off the rank.  

In the Meantime…
Many of you will be aware that I have made the decision to offer the ICO deposit technology we built for our own ICO to others. The first to use it has been the Tokes team and we are finalising arrangements to support a far bigger ICO 2017 Q2.  Some of you have been critical of this decision so I wanted to take a moment to explain my rationale for making it;  

1. It is consistent with our overarching vision for ​Incent​, as a means for anyone to incentivise whatever commercial activity they are prepared to pay for. In this case an ICO ‘merchant’ is no different from a mainstream merchant.  

2. By baking ​Incent into the platform and reflecting issuance back into the market, we can support the market price of our token before and independant of the core product build.  

3. We’ve already been able to deploy the revenue from this side project to improve the code base and incorporate new, groundbreaking functionality that will bleed into our core products moving forward. More of this later...  

4. The ICO tech product has forced us to forge a deep understanding of the Waves infrastructure and an even stronger relationship with the Waves Team - who are so energised by its potential to drive business to their infrastructure that they are marketing it on our behalf.  

5. It allows us to forge early commercial relationships with industry projects which presents the opportunity to bake ​Incent into their core offerings.  

Hopefully, you can see that having already built this technology, it made sense to leverage it in this way, especially since doing so presents little distraction and actively assists us in pursuing our core vision and goals.  

Cutting a new Edge...  
By way of an example, I want to expose you to an initiative that began with us exploring redundancy contingencies on the Ethereum blockchain (in order that we will ​always ​ be able to settle commercially).  

We deployed our revenue from the Tokes ICO to contract a senior Ethereum developer to help us advance this concept. Together we have since devised and coded a way to create and distribute a token that can reside on both blockchains simultaneously and be switched from one to the other instantly thereafter. A concept demonstrator for you all to try will be available very soon...  


  
It is this cutting edge technology that has attracted the big ICO project I spoke of earlier, with all the price support for ​Incent that it will generate. Think about it for even a moment and you will appreciate that this specific technology has way broader commercial implications still - all of them good for ​Incent and Waves price support moving forward.  

Core Business Dev
For those mainstream entities already keen to integrate ​Incent, this build period is demanding patience but you can rest assured that we are keeping those relationships warm. I need you to understand that before we have a core product live in the market, I need to tread a careful line between building commercial interest out further and overwhelming my devs. Notwithstanding, you’ll be heartened to learn that over the last two weeks we have been approached unsolicited by two very different entities to explore potential integrations.  

Ju Feng Bao​ are a Chinese company that allow employers to part-pay their employees with tokens that can subsequently be exchanged for partner merchant goods and services. It is, perhaps unsurprising that they see potential in outsourcing to the blockchain.  The other is Sri-Marks​, a global affiliate marketing operation, for whom incentivization would be infinitely simpler were they to incorporate an open value token.

You should take huge confidence from the fact that these prospects are seeking us out before we have deployed ​any resource on the marketing of the core product. It further convinces us of the huge breadth of the opportunity we are striving to exploit and of the implications this will have for the value of ​Incent as we do so.
  
Liquidity and Exchanges  
I want to close be tackling a subject that I know is particularly close to your hearts. While it confuses me that anyone would seek to liquidate their holding of an asset that has not had an opportunity to demonstrate its potential, I absolutely understand the need for ​Incent to be liquid by the time our core product is live.  

Where this is concerned I want to be open with you that I have pitched ​Incent to both Bittrex and Poloniex, neither of whom indicated an intention to list ​Incent until demonstrable demand for it is broader and deeper. While this may disappoint you I want to be clear that I understand it - and that I am not concerned by it. Allow me to explain…  

In no more than a few weeks Waves will have launched an exchange facility of their own. Since we are running 4 full-nodes and hold a lot of Waves, it makes sense for us to support the core market for ​Incent through this channel - not least because Waves will be the primary counterparty currency against which Incent trades.    



This in turn will allow us to execute a commercial operation with fiat transactions completely separate from crypto settlement - zero’ing the risk of unforeseen ‘banking failure’ - which would be catastrophic for our business.  

Channeling all our commercially driven demand for ​Incent through Waves infrastructure will likely draw the attention of other exchanges - at which point they will list ​Incent, because it will make commercial sense for them to do so.  In the meantime, it is not in my nature to go to anyone on bended knee and I don’t think that it would make the slightest difference even if I did. With this in mind I would counsel that you hold your nerve and your ​Incent.

But…  

Having said this, I ​do see the same utility for exchanges to incorporate ​Incent in their platforms as I do for mainstream merchants, i.e in its primary role, as an incentive to transact.  Some of you may know that Retail FX exchanges offer rebates, based on the interest rate differential  (called a Swap rate) between trading pairs, to encourage trading. Crytpo cannot offer Swaps because interest rates don’t exist but my contention is that rebates could, if a small portion of a third party token was bought ‘at market’ from a portion of spread profit and passed back to the trader as a reward for taking a trade. And this token could be ​Incent, right?!  

You will be pleased to learn that we have pitched this concept to 2 of the smaller exchanges and ​both are interested in moving forward. If implemented this would, in my view, have a significant and positive impact on trading volume for the partner exchange, and a similarly positive impact on the market price of ​Incent. Better still, implementation requires no development effort on our part.  

Get Involved...  
This last point brings me to the thought I would like to leave you with. As you can tell, we are interested in exploring any concept where somebody is happy to pay to incentivise the activity of another - because this is where ​open-value,​ like ​Incent, just thrashes the closed-value options that preceded it.  As I have often said, this opportunity is way bigger than conventional loyalty.  My point here is that you guys are better placed to identify these use cases, within your own professional niches, than we are. So if you do spot an opportunity, get busy! Do some groundwork and connect us up with your counterparty; we will make it well worth your while to do so!  

In the meantime, I hope that this update finds you in good health and heart. We are immensely excited by the opportunity to get stuck into this project and hope you feel as upbeat and energised as we do.  

On! On!

Rob Wilson
CEO ​Incent  

Level 5 155
Clarence Street
Sydney 2000
NSW.  

rob@incentloyalty.com
+61 450 967 128    

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January 22, 2017, 04:00:08 PM
 #2782

Our update in plain text form. Feel free to share: https://twitter.com/KarlKarlsson_/status/823172746209267712

Incent Update 22 Jan 17

G’day Cent’urions!  

So it’s been a little over one working month since our ICO closed and I wanted to take a moment to update you all on where we stand.  

We’re Building...  
As we continue to sweep up the ICO distribution tail it won’t surprise any of you to learn that we are in ‘build’ mode, and you will be pleased to learn that work is advancing nicely on the core product. Contextually, the task before us looks like this…    



As you will see, we conceptualise the build as 4 distinct components, and have targeted the end of 2017 Q1 to have a working MVP together. That’s just 10 weeks away….(!).  

You will also note that this diagram probably looks very similar to what BitPay might have drawn back in the day (and their wallet has just emerged from Beta!). I don’t say this to court butterflies or sympathy as we have absolute confidence that we can build it, but I ​do ​ want you all to be clear about the scope of the task before us. It’s a big job.  

To help us get across the work, we have taken on a second, very experienced and capable dev, Kyle Hengst, who is very well known to both Peter and I. The two of them are currently working on the Ops Management component and Peter is working separately with Waves’ ‘Hawky’, to prepare the path for a switch of focus to Crypto Integration with the Waves platform. This is clearly vital as it is the means by which the front end interacts with the underlying market for Incent to settle transactions. Once this component is complete we’ll be able to hook it up to a slick consumer wallet, which we will likely commission to a third party - most probably an outfit like ​Crew​. Finally, the exact nature of the first merchant API will depend on who is the first cab off the rank.  

In the Meantime…
Many of you will be aware that I have made the decision to offer the ICO deposit technology we built for our own ICO to others. The first to use it has been the Tokes team and we are finalising arrangements to support a far bigger ICO 2017 Q2.  Some of you have been critical of this decision so I wanted to take a moment to explain my rationale for making it;  

1. It is consistent with our overarching vision for ​Incent​, as a means for anyone to incentivise whatever commercial activity they are prepared to pay for. In this case an ICO ‘merchant’ is no different from a mainstream merchant.  

2. By baking ​Incent into the platform and reflecting issuance back into the market, we can support the market price of our token before and independant of the core product build.  

3. We’ve already been able to deploy the revenue from this side project to improve the code base and incorporate new, groundbreaking functionality that will bleed into our core products moving forward. More of this later...  

4. The ICO tech product has forced us to forge a deep understanding of the Waves infrastructure and an even stronger relationship with the Waves Team - who are so energised by its potential to drive business to their infrastructure that they are marketing it on our behalf.  

5. It allows us to forge early commercial relationships with industry projects which presents the opportunity to bake ​Incent into their core offerings.  

Hopefully, you can see that having already built this technology, it made sense to leverage it in this way, especially since doing so presents little distraction and actively assists us in pursuing our core vision and goals.  

Cutting a new Edge...  
By way of an example, I want to expose you to an initiative that began with us exploring redundancy contingencies on the Ethereum blockchain (in order that we will ​always ​ be able to settle commercially).  

We deployed our revenue from the Tokes ICO to contract a senior Ethereum developer to help us advance this concept. Together we have since devised and coded a way to create and distribute a token that can reside on both blockchains simultaneously and be switched from one to the other instantly thereafter. A concept demonstrator for you all to try will be available very soon...  


  
It is this cutting edge technology that has attracted the big ICO project I spoke of earlier, with all the price support for ​Incent that it will generate. Think about it for even a moment and you will appreciate that this specific technology has way broader commercial implications still - all of them good for ​Incent and Waves price support moving forward.  

Core Business Dev
For those mainstream entities already keen to integrate ​Incent, this build period is demanding patience but you can rest assured that we are keeping those relationships warm. I need you to understand that before we have a core product live in the market, I need to tread a careful line between building commercial interest out further and overwhelming my devs. Notwithstanding, you’ll be heartened to learn that over the last two weeks we have been approached unsolicited by two very different entities to explore potential integrations.  

Ju Feng Bao​ are a Chinese company that allow employers to part-pay their employees with tokens that can subsequently be exchanged for partner merchant goods and services. It is, perhaps unsurprising that they see potential in outsourcing to the blockchain.  The other is Sri-Marks​, a global affiliate marketing operation, for whom incentivization would be infinitely simpler were they to incorporate an open value token.

You should take huge confidence from the fact that these prospects are seeking us out before we have deployed ​any resource on the marketing of the core product. It further convinces us of the huge breadth of the opportunity we are striving to exploit and of the implications this will have for the value of ​Incent as we do so.
  
Liquidity and Exchanges  
I want to close be tackling a subject that I know is particularly close to your hearts. While it confuses me that anyone would seek to liquidate their holding of an asset that has not had an opportunity to demonstrate its potential, I absolutely understand the need for ​Incent to be liquid by the time our core product is live.  

Where this is concerned I want to be open with you that I have pitched ​Incent to both Bittrex and Poloniex, neither of whom indicated an intention to list ​Incent until demonstrable demand for it is broader and deeper. While this may disappoint you I want to be clear that I understand it - and that I am not concerned by it. Allow me to explain…  

In no more than a few weeks Waves will have launched an exchange facility of their own. Since we are running 4 full-nodes and hold a lot of Waves, it makes sense for us to support the core market for ​Incent through this channel - not least because Waves will be the primary counterparty currency against which Incent trades.    



This in turn will allow us to execute a commercial operation with fiat transactions completely separate from crypto settlement - zero’ing the risk of unforeseen ‘banking failure’ - which would be catastrophic for our business.  

Channeling all our commercially driven demand for ​Incent through Waves infrastructure will likely draw the attention of other exchanges - at which point they will list ​Incent, because it will make commercial sense for them to do so.  In the meantime, it is not in my nature to go to anyone on bended knee and I don’t think that it would make the slightest difference even if I did. With this in mind I would counsel that you hold your nerve and your ​Incent.

But…  

Having said this, I ​do see the same utility for exchanges to incorporate ​Incent in their platforms as I do for mainstream merchants, i.e in its primary role, as an incentive to transact.  Some of you may know that Retail FX exchanges offer rebates, based on the interest rate differential  (called a Swap rate) between trading pairs, to encourage trading. Crytpo cannot offer Swaps because interest rates don’t exist but my contention is that rebates could, if a small portion of a third party token was bought ‘at market’ from a portion of spread profit and passed back to the trader as a reward for taking a trade. And this token could be ​Incent, right?!  

You will be pleased to learn that we have pitched this concept to 2 of the smaller exchanges and ​both are interested in moving forward. If implemented this would, in my view, have a significant and positive impact on trading volume for the partner exchange, and a similarly positive impact on the market price of ​Incent. Better still, implementation requires no development effort on our part.  

Get Involved...  
This last point brings me to the thought I would like to leave you with. As you can tell, we are interested in exploring any concept where somebody is happy to pay to incentivise the activity of another - because this is where ​open-value,​ like ​Incent, just thrashes the closed-value options that preceded it.  As I have often said, this opportunity is way bigger than conventional loyalty.  My point here is that you guys are better placed to identify these use cases, within your own professional niches, than we are. So if you do spot an opportunity, get busy! Do some groundwork and connect us up with your counterparty; we will make it well worth your while to do so!  

In the meantime, I hope that this update finds you in good health and heart. We are immensely excited by the opportunity to get stuck into this project and hope you feel as upbeat and energised as we do.  

On! On!

Rob Wilson
CEO ​Incent  

Level 5 155
Clarence Street
Sydney 2000
NSW.  

rob@incentloyalty.com
+61 450 967 128    
Thank you for the update.Waiting for the big news about exchange.

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January 22, 2017, 06:41:41 PM
 #2783

There was a promise that Bittrex will add Incent in late December or early January 2017. How are the negotiations? There are some problems, difficulties in this process? What is the reason for this long delay?
I do not want to put pressure on developers, and realize that now there are more important things to do. I just want to clarify the situation.

Bittrex said that they would look at adding us, but it would take a couple of months. I know they're rebuilding their exchange and aren't adding a lot of coins at the moment. Bottom line, it's up to them if/when they will add Incent or anything else - we've raised it with them and the ball is very much in their court.
We do have other irons in the fire, though. It is a bad idea to pin hopes on a single exchange.
It's been almost 2 months since the release of Incent, but I did not understand whether the Bittrex added it? If so, when? Nowhere I can not get a clear answer. If you own any information please share.
Nah as Cassius said i thought this is about Bittrex they're still on progress for migration to v2 imho establish an exchange It took quite a long time.just hope they could completed as soon as possible.

Thanks for your reply. I'm tired of waiting to be honest. Recently, one man wrote to the PM wanted to buy Incent cheaply. It is not by accident. He knows something. Another update came out. Incent hold in their hands.

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January 23, 2017, 07:53:32 AM
 #2784

@KarlKarlsson_ Is there any estimated date when Incent will be listed on yobit/poloniex/bittrex.

I'm holding for a long time the INCENT but I want also to buy/sell more and see INCENT reach the moon.

Thank you...

It should be happened after the main net launches, I remember they said they would release in Q1, be patient

I read that OP said that it is going to be launched at the end of Q1 which means at the end of April max.

If you want to sell today I have set some buy walls in Open Ledger Exchange. So just click the sell button there, much appreciated by me:
https://bitshares.openledger.info/

It doesn't worth selling today, the price is so low that doesn't worth for few dollars (in total) to sell, also that exchange sucks most of the time is down and with lag.

I invested my Incent in tokes.i got around 500 incent from bounty and all i invested in tokes platform.i think tokes will rock.

I'm thinking to do the same like you, but I don't have much information about the tokes so I'm going to take a look at this new coin, does it worth moving incent to tokes?

Thank you...


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January 23, 2017, 12:30:29 PM
 #2785

Of course, If you are interest my Incent token, I just want dump my Incent token 0.0004btc/Incent,
it's just for you. LOL
Are you interested ?? Grin It will makes me happy!


You missed a zero mate Grin

It is not just legality it is also a matter of ethics.Just because something is financially profitable and not illegal may not necessarily good for human society.Perhaps you are not aware of bad effects that marijuana has on human health.This short video might help you understand http://progmedia.akamaized.net/videos/antidrug/en/antidrug-commercial-marijuana-gateway_640_en.mp4

Everything can be evil for people, I mean everything!

The gateway excuse is just a joke. People should be informed and not scared by commercials like this.

oh dude people will see things only with thir percpective and past experience .our perspective makes things good or bad for us.
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January 23, 2017, 11:58:02 PM
 #2786

Thanks for the update, looks good!
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January 24, 2017, 03:02:20 AM
 #2787

Is there anyone from who monitoring this email  team@incentloyalty.com
I still not get any reply,its over 15 days i trying to contact via ico site.
Email me direct and I'll see if I can help tara@incentloyalty.com
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January 24, 2017, 10:35:00 AM
 #2788

New Interview should happen in the next couple days, I sent all my questions to lootz on slack. You guys should do the same

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January 24, 2017, 11:56:27 AM
 #2789

Is there anyone from who monitoring this email  team@incentloyalty.com
I still not get any reply,its over 15 days i trying to contact via ico site.
Email me direct and I'll see if I can help tara@incentloyalty.com
If it's about the bounty, I answered your PM - have a look in your inbox  Smiley

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January 24, 2017, 12:10:22 PM
 #2790

Is there anyone from who monitoring this email  team@incentloyalty.com
I still not get any reply,its over 15 days i trying to contact via ico site.
Email me direct and I'll see if I can help tara@incentloyalty.com
If it's about the bounty, I answered your PM - have a look in your inbox  Smiley

When the Token will be released? I wanted to buy some because i saw the Price on openledger is under the ico price

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January 24, 2017, 12:28:05 PM
 #2791

Is there anyone from who monitoring this email  team@incentloyalty.com
I still not get any reply,its over 15 days i trying to contact via ico site.
Email me direct and I'll see if I can help tara@incentloyalty.com
If it's about the bounty, I answered your PM - have a look in your inbox  Smiley

When the Token will be released? I wanted to buy some because i saw the Price on openledger is under the ico price
The Incent token is already released?  Smiley

If you like the price on OpenLedger, feel free to set up a buy order.

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January 24, 2017, 12:33:47 PM
 #2792

and how can i withdraw from openledger? I never trade on openledger. Is this the real incent or just a token.
Why no good exchange is incent online?

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January 24, 2017, 12:37:17 PM
 #2793

When the Token will be released? I wanted to buy some because i saw the Price on openledger is under the ico price
and how can i withdraw from openledger? I never trade on openledger. Is this the real incent or just a token.
Why no good exchange is incent online?

The token itself is distributed and out. The tokens on Openledger are "real", that means you can withdraw them from there to a Waves client. On Openledger there's a Deposit/withdrawal section. More exchanges will follow after the app is released. You can read on that in the posts above.
If you can get the tokens below ICO on Openledger price I guess it's a clear buy if you understood the project and believe in it. I don't think we'll see prices like that ever again in the future. Also remember that the Incent team sells the tokens to merchants for the fixed price of 0,00020000 BTC.

As soon as the app is out and the system gets used the price will rise. That's why I invested in this project. Also the project is easy to understand, even for people that know nothing about crypto at all. I explained it to my grandmother. Even she understood it, because she takes part in several loyalty schemes, but all of them are not really worth it. Most of them are based on collecting points so you can buy stuff you don't need for a "good" Wink price.
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January 24, 2017, 12:44:08 PM
 #2794

Oh it is based on WAVES and not ETHEREUM?
Than it die together with waves

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January 24, 2017, 12:53:55 PM
 #2795

When the Token will be released? I wanted to buy some because i saw the Price on openledger is under the ico price
and how can i withdraw from openledger? I never trade on openledger. Is this the real incent or just a token.
Why no good exchange is incent online?

The token itself is distributed and out. The tokens on Openledger are "real", that means you can withdraw them from there to a Waves client. On Openledger there's a Deposit/withdrawal section. More exchanges will follow after the app is released. You can read on that in the posts above.
If you can get the tokens below ICO on Openledger price I guess it's a clear buy if you understood the project and believe in it. I don't think we'll see prices like that ever again in the future. Also remember that the Incent team sells the tokens to merchants for the fixed price of 0,00020000 BTC.

As soon as the app is out and the system gets used the price will rise. That's why I invested in this project. Also the project is easy to understand, even for people that know nothing about crypto at all. I explained it to my grandmother. Even she understood it, because she takes part in several loyalty schemes, but all of them are not really worth it. Most of them are based on collecting points so you can buy stuff you don't need for a "good" Wink price.

Thanks for the spot-on explanation and nice feedback!

Oh it is based on WAVES and not ETHEREUM?
Than it die together with waves
Curious to hear why both projects should die. Share your knowledge with us, you clearly must know more!

WavesGo - the Official Block Explorer for the Waves Platform. Making blockchain accessible to the masses.
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January 26, 2017, 01:27:48 PM
 #2796

https://twitter.com/KarlKarlsson_/status/824359351519506433

https://tidex.com/


Tidex is a new crypto currency exchange which will list both Waves and Waves assets. They are currently testing their platform and every help is appreciated. If you're interested in bounty hunting, go to https://tidex.com/Home/Bounty. If you find a severe bug, especially a security issue, you'll receive a bounty paid in WAVES starting at 1000 tokens.

WavesGo - the Official Block Explorer for the Waves Platform. Making blockchain accessible to the masses.
Limx Dev
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January 26, 2017, 01:34:00 PM
 #2797

https://twitter.com/KarlKarlsson_/status/824359351519506433

https://tidex.com/


Tidex is a new crypto currency exchange which will list both Waves and Waves assets. They are currently testing their platform and every help is appreciated. If you're interested in bounty hunting, go to https://tidex.com/Home/Bounty. If you find a severe bug, especially a security issue, you'll receive a bounty paid in WAVES starting at 1000 tokens.

Can you add our Coin Bitsend (BSD) ?
http://coinmarketcap.com/currencies/bitsend/

Best Regards Christian

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matsud2
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January 26, 2017, 02:12:31 PM
 #2798

https://twitter.com/KarlKarlsson_/status/824359351519506433

https://tidex.com/


Tidex is a new crypto currency exchange which will list both Waves and Waves assets. They are currently testing their platform and every help is appreciated. If you're interested in bounty hunting, go to https://tidex.com/Home/Bounty. If you find a severe bug, especially a security issue, you'll receive a bounty paid in WAVES starting at 1000 tokens.

great news, so INCENT will be added on Tidex exchange soon? any news when Tidex will launch?
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January 26, 2017, 02:14:37 PM
 #2799

Wow... Shitcoin on Shit Exchange... That will be great

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January 26, 2017, 02:28:36 PM
 #2800

https://twitter.com/KarlKarlsson_/status/824359351519506433

https://tidex.com/


Tidex is a new crypto currency exchange which will list both Waves and Waves assets. They are currently testing their platform and every help is appreciated. If you're interested in bounty hunting, go to https://tidex.com/Home/Bounty. If you find a severe bug, especially a security issue, you'll receive a bounty paid in WAVES starting at 1000 tokens.

great news, so INCENT will be added on Tidex exchange soon? any news when Tidex will launch?

It's in testing - will be launched when no one can find any more bugs.
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