[ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system

[SEELE^^01]

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

[Menze]

Unsold ICO tokens will be stored in a fund to give rewards for using Mobile App. How? This means that if I buy a domain trough Mobile App I earn a "% cashback"? Or we will earn NAT only trough voting?

You can earn token for data maintenance (voting, rating and so on) but also for many other activity like buying domains. Domain Buyers are very important for a marketplace. There are not all functions already fixed but we have many ideas to realize a disruptive platform.

br

Frank

[magisterr]

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Im interesting what commissons will be for foreign domain? If anyone want to buy German domain - its will be the same price for any country? (as for Germany, or USA, or China)

[cantdecide]

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

[Menze]

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

[cantdecide]

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Thank you for the answer! Well neither I can see a problem with a rising value, I was just curious if maybe it will get to a point everyone don't want to spend their tokens anylonger because the value is too high.

[kraterion]

are you planning to keep your token on ethereum blockchain or you're going to move to your own blockchain? Or move to other chains like NAV when they will they deploy anon smart contracts, don't know why but I'm keep thinking that in domains marketplace anonanimity could be a nice addition

[Elkmar]

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Some teams chose to do a swap token at one point. It allows buyers/keepers to be rewarded while making the number of tokens grows again. (A very high value token can make people fear it, even if they can just buy a share of it).

[chaoscoinz]

Is there by any chance a white paper for this startup?  I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

[niklasmato]

Very nice project. I'm working myself in this environment and decentralized domain can be a big hit.
Good luck

[cantdecide]

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Some teams chose to do a swap token at one point. It allows buyers/keepers to be rewarded while making the number of tokens grows again. (A very high value token can make people fear it, even if they can just buy a share of it).

Yeah that was the thing I was thinking about. But anyways, if you want to do so, I think the team can decide such a think when it goes into this direction for the tokens.

[cantdecide]

Is there by any chance a white paper for this startup?  I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

Yes there is, but it is a bit hidden on the website.

You can find it here: https://www.nametoken.io/wp-content/uploads/sites/16/2017/08/nametoken_whitepaper-2.pdf

[mainconcept]

Is there by any chance a white paper for this startup?   I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

Sure, its on their website:  https://www.nametoken.io/wp-content/uploads/sites/16/2017/08/nametoken_whitepaper-2.pdf

[niklasmato]

I haven't read the full thread just yet so i was wondering.. What is your secret sauce you are referring to?
Is this some AI of machine learning system?

[Menze]

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

The fees will be much lower than on other platforms. Nevertheless, due to the exceptional features, we will achieve an above-average return on the whole of various services. We will give more insights into our features over the next weeks.

br

Frank

[magisterr]

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

The fees will be much lower than on other platforms. Nevertheless, due to the exceptional features, we will achieve an above-average return on the whole of various services. We will give more insights into our features over the next weeks.

br

Frank

what about fees for foreign domain? It will be the same for any country (customers) ?

[mainconcept]

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

The fees will be much lower than on other platforms. Nevertheless, due to the exceptional features, we will achieve an above-average return on the whole of various services. We will give more insights into our features over the next weeks.

br

Frank

That would be great if you give us more insights to your features. Maybe with a listing against potential competitors, if there are any.

[niklasmato]

I like the feature of buying back tokens and so upping the value of the token on the long term.
Do you have a graph available on what would be the defalation estimation over a couple of years?

[FIEX]

What will happen when not all Tokens are sold in the ICO?
With the supply of tokens, you need to collect a lot of BTC.

How is the ICO running for the moment?
Is there an update?

Thanks for the answers.

[Trrrt]

It would be nice to have revenu by holding some internet domain, its a huge business on internet and a lot of moneys are invested in this market.
Im impatiente to see how the platform will work with nametoken, and see how the coin will make a place in this huge market.