🚀[ANN] Nexium [NXC]- Beyond the Void: First blockchain RTS

[Xtrata]

I updated the thread with the ICO report.
About the 4 teammates: I (Manon) am not part of the founders because I began working on the project only last August. But I am working full time and spent a lot of energy trying to make things work, and the founders thought it was fair for me to be included in the Nexium share.
I have my spot on the team page: https://beyond-the-void.net/index.php/the-team/

So it means that the dev team got 30M of the total 66M, do you not see a problem with this? That is almost half the supply that could enter the market whenever you guys choose.

You should really rethink how that is done, it is way too much for anyone to feel comfortable to invest in NXC even for buying stuff ingame.

I guess Ive never seen other project keep that much for themselves other when it was a obvious scam so please fix this if you want NXC to be taken seriously.

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[weilichesbin]

I think it is good if dev team hold 50%.

So only around 30mil are in weak hands ;-)

Price only can go up. Look Gulden, Gulden Dev is also holding 50% and Price is raising and raising...

[souljah1h]

I updated the thread with the ICO report.
About the 4 teammates: I (Manon) am not part of the founders because I began working on the project only last August. But I am working full time and spent a lot of energy trying to make things work, and the founders thought it was fair for me to be included in the Nexium share.
I have my spot on the team page: https://beyond-the-void.net/index.php/the-team/

So it means that the dev team got 30M of the total 66M, do you not see a problem with this? That is almost half the supply that could enter the market whenever you guys choose.

You should really rethink how that is done, it is way too much for anyone to feel comfortable to invest in NXC even for buying stuff ingame.

I guess Ive never seen other project keep that much for themselves other when it was a obvious scam so please fix this if you want NXC to be taken seriously.

Agreed, maybe they could lock a part up from that stash for lets say a year.

[Xtrata]

I updated the thread with the ICO report.
About the 4 teammates: I (Manon) am not part of the founders because I began working on the project only last August. But I am working full time and spent a lot of energy trying to make things work, and the founders thought it was fair for me to be included in the Nexium share.
I have my spot on the team page: https://beyond-the-void.net/index.php/the-team/

So it means that the dev team got 30M of the total 66M, do you not see a problem with this? That is almost half the supply that could enter the market whenever you guys choose.

You should really rethink how that is done, it is way too much for anyone to feel comfortable to invest in NXC even for buying stuff ingame.

I guess Ive never seen other project keep that much for themselves other when it was a obvious scam so please fix this if you want NXC to be taken seriously.

Agreed, maybe they could lock a part up from that stash for lets say a year.

Yes, that would be a good solution.

[Xtrata]

I think it is good if dev team hold 50%.

So only around 30mil are in weak hands ;-)

Price only can go up. Look Gulden, Gulden Dev is also holding 50% and Price is raising and raising...

And that could be the reason why noone touched that coin for years aswell. It is not a good thing.

[weilichesbin]

No one touched for years because it was under development.

Big amounts holding on DEVS is in my opinion good. This make price stable and the dev will do his best to get more and more.

[Xtrata]

No one touched for years because it was under development.

Big amounts holding on DEVS is in my opinion good. This make price stable and the dev will do his best to get more and more.

Not entirely true, in October they got alot of news cover in the Dutch media which caused the big hype over it, not because they finished development, I do not think Gulden is a good example.

But you are of course free to think so

Unless we get guarantee's from the devs that X amount of the funds will not be touched or moved into the market I still see it as a huge problem. Waiting for a repsonse to this.

[xnyz]

I think it is good if dev team hold 50%.

So only around 30mil are in weak hands ;-)

Price only can go up. Look Gulden, Gulden Dev is also holding 50% and Price is raising and raising...

And that could be the reason why noone touched that coin for years aswell. It is not a good thing.

I can't more then agree with you guys, Dev's holding 50% is never positive :/ it makes it just more unsecure...

[marcous]

No one touched for years because it was under development.

Big amounts holding on DEVS is in my opinion good. This make price stable and the dev will do his best to get more and more.

yes and no

[xnyz]

No one touched for years because it was under development.

Big amounts holding on DEVS is in my opinion good. This make price stable and the dev will do his best to get more and more.

yes and no

I would say, 2% like it and 98% does not like it...

[Cryptorials]

This isn't a community currency, it is an app token for a game developed by a company. I think its fine for devs to own a large amount in a way that wouldn't be ok for a currency.

 Even if they didn't we are all totally in the hands of those same devs because it is their game and without the game the tokens have no value.

[Xtrata]

This isn't a community currency, it is an app token for a game developed by a company. I think its fine for devs to own a large amount in a way that wouldn't be ok for a currency.

 Even if they didn't we are all totally in the hands of those same devs because it is their game and without the game the tokens have no value.

It is a currency, it is traded on exchanges therefor it should be treated as any other currencies. I don't think other investors in GAME/BCY feel that way just because it is a game that they are developing.

[weilichesbin]

It is no currency, only trading on exchange make thinks not to a currency!!!
Or is Oil or Gold a Currency? It is also traded.

NXC are Tokens, the Currency is ETH.

So it is ok if Dev Team owns 50% of their own company.

[Xtrata]

It is no currency, only trading on exchange make thinks not to a currency!!!
Or is Oil or Gold a Currency? It is also traded.

NXC are Tokens, the Currency is ETH.

So it is ok if Dev Team owns 50% of their own company.

You can define it as tokens (which is the correct term here) but it doesn't change the fact that it is traded on exchanges and should be treated as any other token/currency.

ICN is a token, do you see the dev team there holding 50% of the supply or any other token for that matter?

[weilichesbin]

Yes a lot of Token Devs holding more than 50 %.
ICN for example the Devs are invested privatley before the ICO

1STBlood more than 80% is on Dev(Exchange) Hand... and so one and so on.

[Xtrata]

Yes a lot of Token Devs holding more than 50 %.
ICN for example the Devs are invested privatley before the ICO

1STBlood more than 80% is on Dev(Exchange) Hand... and so one and so on.

Come on man, they did not invest private there, they didn't spend 4-5 million USD to fund their own ICO, that is just absurd.

And first blood ICO, how is it going for that one? No major EU/US exchanges etc, just no, it is not good no matter how you try to point it.

Edit: Anyway no more offtopic from me, Im waiting for the devs to answer.

[Beyond the Void]

In people minds, we hold 50% of the token. This is not right: there is not one address with 50% of NxC total supply on it.

Here is the repartition of the first 15 Million NxC between the 4 teammates:

Maxence 6 Million
Eric 4 Million
Rémi 4 Million
Manon 1 Million

We are still separated entities, so nobody holds more than 6 Million. Also, there are backers that hold more than us (more than 6 Million). So Maxence, who is the original creator in this project, actually holds less than our biggest backer.
We actually worked a lot to bring this project to life, including lots of months where we weren't paid and we chose to be rewarded for that. This is a matter of choice of course so there is no point in discussing it now on bitcointalk.

The next 15 Million Nexiums are meant to be spent on promotion (we already spent some on those, and I'll publish soon a marketing strategy & budget). We promoted the ICO, we are now published on Forbes, listed on Poloniex and so on.

We are not interested in dumping Nexiums on the market. And the value of the Nexium is tied to the success of the game so we are focusing on releasing a good game and on time.

[Xtrata]

In people minds, we hold 50% of the token. This is not right: there is not one address with 50% of NxC total supply on it.

Here is the repartition of the first 15 Million NxC between the 4 teammates:

Maxence 6 Million
Eric 4 Million
Rémi 4 Million
Manon 1 Million

We are still separated entities, so nobody holds more than 6 Million. Also, there are backers that hold more than us (more than 6 Million). So Maxence, who is the original creator in this project, actually holds less than our biggest backer.
We actually worked a lot to bring this project to life, including lots of months where we weren't paid and we chose to be rewarded for that. This is a matter of choice of course so there is no point in discussing it now on bitcointalk.

The next 15 Million Nexiums are meant to be spent on promotion (we already spent some on those, and I'll publish soon a marketing strategy & budget). We promoted the ICO, we are now published on Forbes, listed on Poloniex and so on.

We are not interested in dumping Nexiums on the market. And the value of the Nexium is tied to the success of the game so we are focusing on releasing a good game and on time.

That doesn't change the fact that the founders almost have access to 50% together, just because you pile up names with an amount it doesn't make it look any better.

Backers BOUGHT those tokens/coins from you, those who bought during the ICO has nothing to do with this, dont really know why you would take that up.

Why shouldn't we discuss this on bitcointalk, isn't that why you have a thread so people actually can talk? I think it is fair for everyone to see discussions here just as much as the people on Slack.

On your own site it clearly states the following:

    Allocation of Nexiums:
        15% for the founders.
        15% for promoting the game.
        70% for crowdfunding and other backers.
"We created 100 000 000 Nexiums using a smart contract (the amount is fixed)."

This was what everyone bought into, knowing you would have 15% for the founders and 15% to promote the game. But now when you burned 30+ million and still keep the same amount of coins for founders/promotion it is not 30% in total there anymore, it is closer to 50%.

I hope you informed everyone that you would do this before they bought the into the ICO because that is very shady way of doing business.

I find it weird that you justify the amount of coins you kept because you didn't get paid the first months. If you are not going to sell it, why do you need it? Why didn't you ask for more money during the ICO to pay everyone that has been working during these months?

[weilichesbin]

Why shady way of doing?
Everyone know its before the ICO, The Percentage was known and also everyone knows the risk that not all coins might be sold.

[Xtrata]

Why shady way of doing?
Everyone know its before the ICO, The Percentage was known and also everyone knows the risk that not all coins might be sold.

15 + 15 = 30, it is now close to 50%, it doesn't get easier than that to understand that they kept more than they said would.