[ANN][NNC] NicNac Coin - Nithrius, a digital ecosystem

[andrew2k]

So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.

[1714780115]

1714780115

[fikihafana]

So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.

i give vote to swap to new chain

[AltScope]

So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.

i give vote to swap to new chain

+1

pos is probably the way forward with this one, scrypt pow couldnt hurt

[bspus]

Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.

[AltScope]

Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.

from previous posts I thought the dev had abandoned this coin, thats what happens when you only read the current page I guess. if he hasnt and theres active development then theres no need people are probably worried because he hasnt logged in for a few days

[andrew2k]

Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.

from previous posts I thought the dev had abandoned this coin, thats what happens when you only read the current page I guess. if he hasnt and theres active development then theres no need people are probably worried because he hasnt logged in for a few days

We are waiting for new developments to arrive. I won't do anything until I see clearly that the dev isn't working on the coin anymore. What I'm still waiting for is the new website design and some more information about Nithrius.

[bspus]

In any case it's good to know there is a backup plan

[erikalui]

Any update about a new exchange site listing?

[NicNacCoin]

Any update about a new exchange site listing?

Final refund of initial DOT used to purchase Cryptopia listing has been returned and we will soon begin the sale of 1 million DOT to convert it into BTC and shortly after will be returned to investors and put to vote which exchange, (if any) we may purchase a listing for NNC.
In the meantime we will move forward with the utilization of our resources (video library, video player and adserver) to maximizes revenue and growth. Our development team have been hard at work with the development of our latest Nithryum Assest token which is a smart contract build on the UBiQ blockchain; read more about it here http://nicnaccoins.com/cash/www/pages/Nithryum-Token
The final decision on the status of NNC lies with our financial investors and core community of supports. We imagine it may take some time to dump 1 million DOT on the market without driving the price below our entry point as to negate any losses. The protection on NNC remains our prime objective as we not seek to rush the coin to any exchange and watch it's value trade near 1 satoshi fueled my miners only seeking short term gain. The average listing for currency exchange has rapidly increased to an average of 3 to 5 BTC and will be a point discussed with our investors.
We will provide updates as soon as they become available about the direction of NNC and NIT

[bspus]

Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

[andrew2k]

Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

That's what I'm also thinking, we should have some kind of swap or something. You can't let all the mining power that was used go to nothing.

[NicNacCoin]

Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

NNC and NIT will remain two seperate currency and no swap is in plan for one currency in exchange for the other.
Development is continuing and ongoing for both projects.
Again NNC is currently in a fundraising effort fueled by the sale of 1 million DOT to be used for purchase of exchange listing should all investors agree to pursue the purchase of exchange listing.

NIT is a currency currently used by advertisers to execute purchase contracts of ad space on the Nithrius platform.

We will provide updates as soon a possible, though at the moment we are still in the process of selling the refunded DOT

[NicNacCoin]

Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

That's what I'm also thinking, we should have some kind of swap or something. You can't let all the mining power that was used go to nothing.

NNC is intended to be the currency of payment for content creators who chose to share their media via our player. Something like youtube revenue partnership.
NIT is intended to be the currency used by advertisers who wish to purchase ad space on a given video posted by a content creator.

Since NNC was not premined we intended to have NNC listed on an exchange and purchase NNC directly from the exchange using percentage of revenue generated by the NIT coin advertiser purchase sales. Using The greater value assest to strengthen the other.

In the time NNC was listed with Cryptopia we made several purchase transactions from fundraising sources while NEVER executed a sale order.

We see an environment that would allow both currency to exist without devaluing each other.

[bspus]

Is the chain healthy?
It seems to have slowed down in the last few days, while dificulty seems artificially high

[NicNacCoin]

Is the chain healthy?
It seems to have slowed down in the last few days, while dificulty seems artificially high

Yes the chain is very healthy. There was a day spike in hashrate due to speculation of a possible swap of NNC to NIT and once confirmation came that there would be no swap th the network hash rate dropped from 36 Kh/s to 7 H/s; this spike cause Network diff to jump. The network will internally adjust Diff according to hashrate with each additional block mined.

[NicNacCoin]

NNC was submitted for (3) different exchanges within the past 24hours and more listing requests are scheduled in the future.

[AltScope]

NNC was submitted for (3) different exchanges within the past 24hours and more listing requests are scheduled in the future.

nice, may we ask which exchanges?

[andrew2k]

NNC was submitted for (3) different exchanges within the past 24hours and more listing requests are scheduled in the future.

nice, may we ask which exchanges?

Probably NovaExchange, YoBit and no clue about the third one, Mercatox, TradeSatoshi?

[aincuy123]

Here ya go Indonesia Translate 

Bitcointalk
https://bitcointalk.org/index.php?topic=1868660

Bitcoingarden
https://bitcoingarden.org/forum/index.php?topic=14095

[NicNacCoin]

NNC was submitted for (3) different exchanges within the past 24hours and more listing requests are scheduled in the future.

nice, may we ask which exchanges?

Probably NovaExchange, YoBit and no clue about the third one, Mercatox, TradeSatoshi?

The specific exchanges will be kept under wraps until we get a definitive answer and can post complete details. The last thing we intend to do is spark a war of words regarding which exchange is better than the other. Hopefully this process will not take to long. We will post updates as we get them