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Author Topic: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟  (Read 170143 times)
BossMacko
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June 14, 2017, 04:11:58 AM
 #741

11 Days to go before ICO ends. Hoping for the success of this crowdsale and  Can't wait to see the TOKENS listed in EXCHANGE. Once this is live i will make this as my crypto-wallet while doing trades.
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June 14, 2017, 05:57:22 AM
 #742

Is there any information about how many investors joined the crowdsale  and bought tokens so far?
I can`t seem to find such information.
How can such information be verified?
I`m sorry if my questions sound stupid,i`m not very familiar with crowdsales.

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June 14, 2017, 05:59:41 AM
 #743

HI Everyone ,

if I wanted to crowdfund and sending ETH from my MIST ETH Wallet when the crowdfund is over what will NVO provide me in order for me to get my NVOT ?
NVOT is a counterparty token, i.e. you will get the token on a Bitcoin address which you have to generate and provide. Do some research on counterparty.

Is there any information about how many investors joined the crowdsale  and bought tokens so far?
I don't know; all tokens were bought as soon as someone invested $1.

How can such information be verified?
I don't see how you could verify it.

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June 14, 2017, 06:08:52 AM
 #744

Is there any information about how many investors joined the crowdsale  and bought tokens so far?
I can`t seem to find such information.
How can such information be verified?
I`m sorry if my questions sound stupid,i`m not very familiar with crowdsales.


Although, the question will actually need to be answered by the devs or by Lauda but the way I think its structured is that the total tokens will be distributed based on the amount raised which means that maybe by the time I see that say 2million $ has been raised, then I calculate the amount of tokens I might likely received, then I might be discouraged to invest or encouraged to put more money as the case may be.
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June 14, 2017, 08:34:29 AM
 #745

2. Also used counterwallet to transferred BTC to NVO site but its didn't show any balance of BTC which I  have transferred to NVO site Is that normal ?
Yes.

3. If its normal when the crowdfund is over all I need to do is download and install NVO wallet in my PC and then key on my 12 wording private key in my NVO wallet then its will show the NVOT token which I crowd fund is it ?
You will see NVOT, after it has been distributed, on counterparty. IIRC the NVO wallet will also show it sometime later (not 100% sure). Do not use the demo wallet of NVO, as it is a demo.

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June 14, 2017, 08:34:44 AM
 #746


2. Also used counterwallet to transferred BTC to NVO site but its didn't show any balance of BTC which I  have transferred to NVO site Is that normal ?



Only altcoin balances are shown.

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June 14, 2017, 09:04:00 AM
 #747

Is there any information about how many investors joined the crowdsale  and bought tokens so far?
I can`t seem to find such information.
How can such information be verified?
I`m sorry if my questions sound stupid,i`m not very familiar with crowdsales.



You can only check the BTC address they give you after linking your BTC address.  There you see at least how many BTC are received and in how many transfers.  Right now its around 0.3BTC on average.






Something more. How does the NOVS system work?   

1)

All fees are collected in one "address" or "pot" and once a week the NVOS will be send to the NVOT owner right?


2)

How is that calculated?   

Do you take the dollar value (of fees) of each transaction at given time or do you collect all fees and take the dollar value at the time of the distribution?


3)

Also you wrote all NVOS will be worth 0.99cents. How is that possible?   
All fees are probably based the currencies they originate from.  BTC -> LTC the fee will be either BTC or LTC (maybe both).   


Lets assume you receive 300$ worth of fees in BTC,LTC,ETH and you create 300 NOVS. They are distributed to all holders (lets say 300 owner).
Every owner gets 1 NVOS, goes to the market, exchanges the NVOS (who buys the NVOS)


3.1:    Can we decide what currencies we like for the NVOS?
3.2:    What happens to the different currencies and fees? Are they exchanged to BTC for payouts right away or left as is?
3.3:    How can we trust that we will receive the fees when you claim NVOS is 0.99cents (fixed price) but the exchange rate from the fees has dropped 50% in the week between trade and payout?
3.4:    Who is holding the fees for us in the time between trade and payout?
3.5:    How can we trust you site if the fees are not instantly send to investors?  I can't see a difference between NVO and BTC-E other that I store my funds on my own wallet instead of theirs...













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nemgun (OP)
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June 14, 2017, 10:33:06 AM
 #748

Is there any information about how many investors joined the crowdsale  and bought tokens so far?
I can`t seem to find such information.
How can such information be verified?
I`m sorry if my questions sound stupid,i`m not very familiar with crowdsales.



You can only check the BTC address they give you after linking your BTC address.  There you see at least how many BTC are received and in how many transfers.  Right now its around 0.3BTC on average.






Something more. How does the NOVS system work?   

1)

All fees are collected in one "address" or "pot" and once a week the NVOS will be send to the NVOT owner right?


2)

How is that calculated?   

Do you take the dollar value (of fees) of each transaction at given time or do you collect all fees and take the dollar value at the time of the distribution?


3)

Also you wrote all NVOS will be worth 0.99cents. How is that possible?   
All fees are probably based the currencies they originate from.  BTC -> LTC the fee will be either BTC or LTC (maybe both).   


Lets assume you receive 300$ worth of fees in BTC,LTC,ETH and you create 300 NOVS. They are distributed to all holders (lets say 300 owner).
Every owner gets 1 NVOS, goes to the market, exchanges the NVOS (who buys the NVOS)


3.1:    Can we decide what currencies we like for the NVOS?
3.2:    What happens to the different currencies and fees? Are they exchanged to BTC for payouts right away or left as is?
3.3:    How can we trust that we will receive the fees when you claim NVOS is 0.99cents (fixed price) but the exchange rate from the fees has dropped 50% in the week between trade and payout?
3.4:    Who is holding the fees for us in the time between trade and payout?
3.5:    How can we trust you site if the fees are not instantly send to investors?  I can't see a difference between NVO and BTC-E other that I store my funds on my own wallet instead of theirs...



Thanks for asking.

1- They will be processed (sent) once a week.
2-3 The value of the NVOS is fixed, 0.99$ in Bitcoin, which means that the supply will be adapted accordingly.
3.1 No, only Bitcoin.
3.2 The fees will be exchanged on a milestone system, they have to accumulate enough in order not to be wasted in mining fees.
3.3 refer to 3.2, that's why it is Bitcoin (3.1), and if the value of Bitcoin drops, NVO will loose too.
3.4 NVO will hold the fees, untill we can automate the process.
3.5 We can't fake the volumes and can't controle the wallets, you will also be able to check on each trading where the fees are going and follow the addresses.
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June 14, 2017, 03:13:31 PM
Last edit: June 15, 2017, 08:34:10 PM by brian_nguyen
 #749

I like the concept and will be following/participating. Don't we still have about 10+ days to join CwowdSale?
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June 14, 2017, 04:26:59 PM
 #750

The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.
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June 14, 2017, 04:47:09 PM
 #751

I like the concept and will be following/participating. Don't we still have about 10+ days to join ICO?

I think the title is CrowdSale, not an ICO
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June 14, 2017, 04:50:17 PM
 #752

The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.

What would you recommend? I have been wanting to invest in this but not feeling sure about the process.  I have invested in 2 ico's recently even though i am fairly new to the crypto world.  I understand what is being said to do to invest - just not confident in my abilities since i am a newb - its a little more complex than the other two ico's i invested in.
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June 14, 2017, 04:50:32 PM
 #753

I like the concept and will be following/participating. Don't we still have about 10+ days to join ICO CrowdSale?

I think the title is CrowdSale, not an ICO

Fixed for you  Grin
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June 14, 2017, 05:08:11 PM
 #754

The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.

What would you recommend? I have been wanting to invest in this but not feeling sure about the process.  I have invested in 2 ico's recently even though i am fairly new to the crypto world.  I understand what is being said to do to invest - just not confident in my abilities since i am a newb - its a little more complex than the other two ico's i invested in.

I would wait for a response from someone from the team. It looks like a good CrowdSale otherwise.

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June 14, 2017, 05:11:28 PM
 #755

I like the concept and will be following/participating. Don't we still have about 10+ days to join ICO?

I have no argument about the concept. It indeed caught my attention  Smiley

The crowdsale is still active and will end for about 11 days from now. See for yourself here https://nvo.io/

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migello
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June 14, 2017, 05:15:04 PM
 #756

The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.


i confirm this, i think the only way will be the nvo wallet when ready (if counterwallet won't be fixed by the time is out)

the simplest solution is create a counterwallet new btc address---) send btc there ---) use the address to send btc to NVO crowdsale

i hope the devs have an alternative
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June 14, 2017, 05:54:02 PM
 #757

The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.


i confirm this, i think the only way will be the nvo wallet when ready (if counterwallet won't be fixed by the time is out)

the simplest solution is create a counterwallet new btc address---) send btc there ---) use the address to send btc to NVO crowdsale

i hope the devs have an alternative

Right .. I did this  .. I hope everything goes well
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June 14, 2017, 06:02:49 PM
 #758

I like the concept and will be following/participating. Don't we still have about 10+ days to join ICO?

Welcome, yes the countdown is on the website, feel free to ask if you have any question.





The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.
The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.

What would you recommend? I have been wanting to invest in this but not feeling sure about the process.  I have invested in 2 ico's recently even though i am fairly new to the crypto world.  I understand what is being said to do to invest - just not confident in my abilities since i am a newb - its a little more complex than the other two ico's i invested in.

I would wait for a response from someone from the team. It looks like a good CrowdSale otherwise.


The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.


i confirm this, i think the only way will be the nvo wallet when ready (if counterwallet won't be fixed by the time is out)

the simplest solution is create a counterwallet new btc address---) send btc there ---) use the address to send btc to NVO crowdsale

i hope the devs have an alternative
The counterwallet sweep function has not been working for a long time.

https://github.com/CounterpartyXCP/counterwallet/issues/818

https://counterpartytalk.org/c/support  (One poor guy was trying for 6 months...)

This means no-one will be able to redeem their NVO unless they go through a fairly complex, ten step raw transaction signing procedure.


i confirm this, i think the only way will be the nvo wallet when ready (if counterwallet won't be fixed by the time is out)

the simplest solution is create a counterwallet new btc address---) send btc there ---) use the address to send btc to NVO crowdsale

i hope the devs have an alternative

Right .. I did this  .. I hope everything goes well


The issue pointed is about counterwallet, apparently they have some issues with the platform.
It doesn't affect the crowdsale as it is specific to counterwallet, you can do the same process manually (as described in the long 10 steps guide) or wait for the version of NVO and import/sweep your tokens there.

The most important is to backup your private keys.
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June 14, 2017, 06:14:40 PM
 #759

If I invest with BTC from my Waveswallet, will I be able to get the NVOs ?

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June 14, 2017, 06:28:53 PM
 #760

If I invest with BTC from my Waveswallet, will I be able to get the NVOs ?
It is stated clear enough in the announcement post that it is preferred (a must) to use a wallet that you own its private keys (I am aware that Waveswallet has a wallet Seed acting like private keys which backs it up, but they are not the same). But you still can get NVOT when they release the NVO wallet.

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