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

[Marenos]

Yeah, think that too, the legal fees will be accumulated later.
@SEELE^^01: buying coins, just to wait for a pump isnt that good for the project. Furthermore it only helps the wales. Be smart and hold for the long run. This ist a Project with a real usecase, believe in your Investment.

[magisterr]

Yeah, think that too, the legal fees will be accumulated later.
@SEELE^^01: buying coins, just to wait for a pump isnt that good for the project. Furthermore it only helps the wales. Be smart and hold for the long run. This ist a Project with a real usecase, believe in your Investment.

You are right. if you buying tokens only for pump - than you ll have only small changes to growing. because not all tokens will be pumped... You must see to potencial real product.. Domain name is one of them, I think 

[Coin_trader]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

[ParRus]

The project is unique, in the long term it must be successful

[Jens79]

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question
The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

[Jens79]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

[ardentvolcanoes]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

wow polo would be a nice venue for small and big traders and how about bittrex are you are also planning to request for listing this coin from
that exchange as I also wanted to see this project inside this exchange though pnd groups are there and waiting for new project to ride with.

[Jens79]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

wow polo would be a nice venue for small and big traders and how about bittrex are you are also planning to request for listing this coin from
that exchange as I also wanted to see this project inside this exchange though pnd groups are there and waiting for new project to ride with.

bittrex as well. as i wrote, we are in contact with all. we want to get as much reach as possible.

[Marenos]

@jens, there are many open questions, when you go threw the thread. It would be nice if you or another def could answer them by time. Some of them (also from me) are important for potencial Investors or at least nice to know the answer (;

[Islapdonkey]

How do you intend to pay individual's to park domains on your website, when other sites charge for it. It's akin to a fitness trainer paying me to help me work out. Am really curious on how this model will be utilized to earn a profit. ppl will create multitude of domains just to earn NATS from it

[FIEX]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed!

[Elkmar]

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question
The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

Thank you for the answer, that's really interesting.

Maybe you sjould put example of use in your whitepaper, your thread or your website.

I don't know anything about the domains market, but with your answers I begin to understand little by little the possibilities 

I think that's a nice project, and cryptocurrencies are an opportunity for "classic markets", good think you're one the fist to do it in this market.

[Heimer]

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.



Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:



90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).



30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

wow nice work.

i think the legal fee will be accumulated later onwards the funds they rised

neverthless, i will buy some coins at the sale and get ready for a pump, until the end of the year:)

The white paper is a good, the proposed idea has potential but i would like to see an active presence before investing my btc. If we barely getting a response during the ICO phase, i can only imaginethe form of ghosting we will have to deal with post ico. Just saying. Get someone to stay active and answer question/give updates on your thread.
Am yet to receive an answer on how they intend to pay to park  domains on their website, when other website charge a fee

Yep - nice find. Maybe this is due to raising costs of development/possible legal advices?

[yeswepump]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed!

yeah that sounds a bit too ambituos! anyway, I think first it's good to develop a nice marketplace, and then value and exchange markets will follow...

[toolucky98]

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question
The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

So you become an intermediary between the seller and the buyer right?
And if the members will get paid by giving suggestions (doing the task), i think we will see some members who come with the same domain name. Will the first one be paid, or the payment will be shared?

[mainconcept]

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed!

yeah that sounds a bit too ambituos! anyway, I think first it's good to develop a nice marketplace, and then value and exchange markets will follow...

Thats true, if their is a good marketplace, the exchanges will come eventually automatically

[sserugh]

The project looks very interesting, will defenetly keep an eye on this. I really hope you put the and effort in to get to the big exchanges, that could really make the value aky rocket, and get some good advertising to your service. Gl!

[mainconcept]

How do you intend to pay individual's to park domains on your website, when other sites charge for it. It's akin to a fitness trainer paying me to help me work out. Am really curious on how this model will be utilized to earn a profit. ppl will create multitude of domains just to earn NATS from it

There are companys like bodis/voodoo/sedo where you can park your domain and they redirect to advertisements. I think something like that will it be.

[FIEX]

Thank you for the answer, that's really interesting.

Maybe you sjould put example of use in your whitepaper, your thread or your website.

I don't know anything about the domains market, but with your answers I begin to understand little by little the possibilities 

I think that's a nice project, and cryptocurrencies are an opportunity for "classic markets", good think you're one the fist to do it in this market.

I agree with Elkmar, there are a lot of questions.
Show some examples so people can understand everything, do it with a video or just with some nice images.

I know its not easy to answer all these questions but take your time.
I really hope you will use all/some of the tips that has been posted here in this thread. Some really good ideas  

[12inchMom]

How do you intend to pay individual's to park domains on your website, when other sites charge for it. It's akin to a fitness trainer paying me to help me work out. Am really curious on how this model will be utilized to earn a profit. ppl will create multitude of domains just to earn NATS from it

Hmm. Right.