[IoP] Fermat presents the Internet of People App Token

[CroDam]

I find your coin on bittrex, please tell me how much fund do you raised from the ICO and what is the ico price for IOP token? The price looks very high on bittrex, is the total supply very small? It seems very precious, let me buy more.

Hello, thank you for your interest. This project is more then 2 years old and we didn't have ICO. You can mine it or buy it. Price is still very low, trust me  
If you want more info fell free to read first post in this topic  

BR

[CroDam]

I am in the process of getting my local license but unfortunately my wallet is not yet fully sync I would like to put some fermat coin to test it's functionality,I tried to look it in my directory but I cannot find fermat directory and I cannot find a nodes in the announcement,can anyone here help me to sync my wallet,I have the latest version.

I will help you on our slack. Come there.

[trader19]

Contributions Governance System Road-map

Fermat governance is divided in two halves. The first one is about the governance of mining, the second one is about the governance of contributions. Today I will focus on the second half.

Contributions Governance System
These days we are releasing version 1 of our contributions governance system. This version is good enough for the next phase of the project. Any community member can contribute using the new Fermat Contribution App to submit Contribution Contracts to the system. Anyone using the new Fermat Voting App will be able to vote if they want that contract to be executed or not. We are innovating here in many aspects since as far as I know, no other crypto-project has a governance system exactly like this one. During the next[....]

Road-map

The road-map of our Contributions Governance System is:
1. Deploying Token Server v.3.0.1 (IoP Core): Currently underway. Project executed by Rodrigo Acosta with the help of Matias Furszyfer.
2. Deploying Android Contribution App: Version 1 is ready, waiting for the IoP Core v.3.0.1 to be a clear majority on the mining network. This app was entirely developed by Matias Furszyfer.
3. Deploying Android Voting App: Version 1 is ready, waiting for the IoP Core v.3.0.1 to be a clear majority on the mining network. This app was also entirely developed by Matias Furszyfer.
4. Security Audit of IoP Core: We expect to receive proposals from specialized cyber security firms to audit the work done at the blockchain level to process Contribution Contracts. We understand that this is a very sensible part of the whole system and must be audited extensively.
5. Professional Redesign of UX/GUI: We understand that the apps developed don’t have a sleek user experience design and user interface yet. They are just a reference implementation. We are happy to receive proposals for a professional redesign of both the user experience and user interface, together with the implementation of the changes or the implementation separated in a different project. This new redesign must accommodate the results of our Marketing Strategy Plan that is currently under development.
6. Implementing iOS Contribution App v.1: This is an open project which won’t involve the current core devs. Anyone in the community can submit a project proposal for the development of this app. My recommendation is that you wait for a while until the corresponding Android app is used and real life usage feedback is incorporated on it. Also, it should come after the professional redesign of the UX/GUI.
7. Implementing iOS Voting App v.1: Exactly the same situation as 4). Open project for anyone to propose.
8. Android Contribution and Voting Apps v.2: In version 2 we convert both apps into IoP Apps (they upload profiles to Profile Servers and communicate with each other directly) and we eliminate the usage of a centralized forum. This project depends on the IoP SDK to be released. Open project for anyone to propose.
9. iOS Contribution and Voting Apps v.2: Same as 6) with the iOS apps. Open project for anyone to propose.

continue reading:

https://medium.com/@luisfernandomolina/contributions-governance-system-road-map-55ebc49c6838#.pb51hcilh

[trader19]

IOP is now on cryptocompare
https://www.cryptocompare.com/coins/iop/overview

[camelia_ena]

Hello
I want to apply for a licence to mine IOP. But on the google spreadsheet there is no place where I can write down my info (like IOP wallet adress).
Which steps do I have to follow in order to obtain a licence for mining?
I also sent a message to the president of the chapter in the Netherlands. (because I live there).
So thank you and best regards.
Oh and I have a question is it possible to mine with multiple wallets under one licence?
I want to run one node on a Windows server.

[trader19]

Tune in Live youtube google hangout session, "PIVX governance talk & more"
https://www.youtube.com/watch?v=uMNzcV4M5Hc

[romanekras]

Global Blockchain Project FERMAT Announces Significant Alpha Release for the “Internet of People”

Fermat, the highly anticipated decentralized and Blockchain-enabled open source project developing the Internet of People, today announced major upgrades to its technology and architecture, along with new partnerships following a productive 2016. Today, the Fermat project’s community boasts over 60 national and regional chapters worldwide, all of which have been established to mine IoP tokens in a highly decentralized way.
Launched in April 2016, Fermat’s vision is to enable direct device to device communication, independent of any entity or web server. Data will be stored on end user devices and applications will be built to interact with each other directly. This will be enabled via Person-to-Person apps as part of a new technological paradigm, referred to as the Internet of People, an ambitious vision from Founder Luis Molina.

[HomoHenning]

what is about this ICO in 2 weeks!:
http://www.bitcoinsuisse.ch/fermat-project-contribution/
Why there is nothing about it anywhere? Will it happen?

[davide72]

great project ! i download the latest wallet and is working nice! thanks dev

[poptop]

what is about this ICO in 2 weeks!:
http://www.bitcoinsuisse.ch/fermat-project-contribution/
Why there is nothing about it anywhere? Will it happen?

The tokens are being sold on exchanges. Why I should buy it on ICO?

[CroDam]

what is about this ICO in 2 weeks!:
http://www.bitcoinsuisse.ch/fermat-project-contribution/
Why there is nothing about it anywhere? Will it happen?

The tokens are being sold on exchanges. Why I should buy it on ICO?

Maybe is reason that there are not enough IoPs on exchanges.

[trader19]

what is about this ICO in 2 weeks!:
http://www.bitcoinsuisse.ch/fermat-project-contribution/
Why there is nothing about it anywhere? Will it happen?

i answered your PM, i am quoting it here for better understanding of what's going on behind scene.

IOP token is trading @6 dollar at bittrex. BUT ICO of Bitcoin Suisse AG starts at 20 dollar. How can this be true? Why there is NO marketing for this ICO? It must be a scam this project. Do you ahve any explanation for this.
thanks

Hi first 
free market does what free market does, and for now free market values IOP @6 dollar.. what you see on bitcoinsuisse ag is fundation of Fermat AG got thoghether funds allocated during early stages of this project, (angel investors, funders and some members of board) they are putting funds together to kick start crowdfunding and distribute 80k IOP to mostly private investors. and yes they value IOP @20 dollar starting price!
No marketing of this crowdfunding? what do you mean? if you mean here in bitcointalk than yes, fermat does not promote crowdfunding here.. but believe me http://www.heimdall.ch/ has been working overtimes finding private investors for this crowdfunding outside our little world
let see how will free market react after crowdfunding.

cya

[trader19]

Fermat’s Mining Cap,
What you need to know about it and what is does

The thought behind Fermat’s mining cap is actually quite easy to understand, if you know how centralized Bitcoin’s mining has become. In the beginning of Bitcoin mining everyone who wanted to support the Bitcoin network was able to mine with their personal computer. The network was actually distributed. But over the last years it appears that's the mining is occupied by big mining farms in China. The reason for this is the high difficulty of the mining process. Only high end machines are able to mine Bitcoins in profitable way. For the average John Doe it is nearly impossible to mine any Bitcoins. The high difficulty doesn’t only lead to a centralization of mining power but also to a very high consumption of energy. Up to 95% of the overall mining costs are electricity costs

To keep mining Bitcoins profitable miners have started a race a long time ago. “Better, faster, cheaper” is the motto. And this lead inevitably to a centralization of the whole Bitcoin network. It is still distributed to a level, but it keeps centralizing even more over time when the difficulty rises even further.

Inventions by the bright minded
The bright minds of the Fermat Project are aware of this problem and try to prevent a centralization of the Fermat Network. The goal is to decentralize the mining of IoP tokens to a point where it is possible to mine with high end Laptops or very low end servers. This is for one done by controlling the number of miners with Mining Licenses. The key to mining IoPs is to do something valuable for the network and the community. By doing this you can earn a Mining License. In the future the question to who is able to mine will be [....]

continue reading:

https://medium.com/@sarahklostermair/fermats-mining-cap-630b0c35be0d#.p2t64362m

[HomoHenning]

hello. what is the real supply of IOPs? On coinmarketcap there are three different numbers:

https://coinmarketcap.com/currencies/internet-of-people/

Circulating Supply
? IOP

Total Supply
2,128,765 IOP

Max Supply
21,000,000 IOP

Anybody knows what these numbers mean? What is difference between total and max supply? For example bitcoin does not have a total supply figure

What inflation rate do we have right now?

[camelia_ena]

hello. what is the real supply of IOPs? On coinmarketcap there are three different numbers:

https://coinmarketcap.com/currencies/internet-of-people/

Circulating Supply
? IOP

Total Supply
2,128,765 IOP

Max Supply
21,000,000 IOP

Anybody knows what these numbers mean? What is difference between total and max supply? For example bitcoin does not have a total supply figure

What inflation rate do we have right now?

I think maximum supply means all the IoP tokens that will ever be mined (seems logical). And the total supply are the tokens that have been mined until now.
The circulating supply I don't know what they mean with that.

[HomoHenning]

anybody knows how much the angel investors got of the 10% pre-mine and how much devs/founders?

[trader19]

anybody knows how much the angel investors got of the 10% pre-mine and how much devs/founders?

its all documented and publicly available, take a look

https://docs.google.com/spreadsheets/d/1Fx29tzswHQN7YPjsFwlTnOyGZzY-sWUTA71URzmueug/edit?usp=sharing

[HomoHenning]

anybody knows how much the angel investors got of the 10% pre-mine and how much devs/founders?

its all documented and publicly available, take a look

https://docs.google.com/spreadsheets/d/1Fx29tzswHQN7YPjsFwlTnOyGZzY-sWUTA71URzmueug/edit?usp=sharing

thanks. why payment of devs stopped in jun 16?

[trader19]

https://twitter.com/fermat_org/status/838374793506349058

Since today #Fermat's Profile Servers can successfully see each other and interact through the Location Based #Network. Cheers to the devs!

[trader19]

Use Case: Virtual World

[.....]Let’s say for example McDonald’s would like to offer a new hamburger to young men between 15 and 21. McDonald’s with an IoP Marketing App scans the Internet of People and finds these Virtual World Users profiles. McDonald’s’ app (or a bot) enters through one of the open TCP/IP connections at a Profile Server and knocks at the door of the Virtual World client app. They negotiate using a common protocol for this purpose the cost of delivering this advertisement (the new hamburger) to this particular user, after receiving some $0.1 for disclosing the age of the user (personal info can now be sold with the consent of end users and the income going to them). They both agree that a banner is going to be displayed at a virtual park and the virtual user will see it for 10 seconds while he virtually walks there. McDonalds would pay $3 for this which the client app would split 50% for the company and 50% for the end user. McDonald’s sends the first $1.5 in advance, together with[.....]

continue reading

https://medium.com/@luisfernandomolina/use-case-virtual-world-6f6d4a718754#.o5qvfo507