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Author Topic: [ANN][NEU] 🚀🚀 Neufund. Community-owned Equity Token Platform. 🚀🚀  (Read 11355 times)
rudolfix
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November 15, 2017, 05:18:55 PM
 #41

Devs, you are quite inactive in your own thread. Is everything well with your ICBM? Or maybe you don't believe that Bitcointalk can be effective new and marketing platform for your project?

Hey ogrudko

I'm CTO at Neufund. pre-commitment was launched on Sunday and we were quite busy. Here is the status, devs from the team will elaborate on some other interesting stuff below.

1. we deployed extensive smart contract system with a code base on par with other big Ethereum projects like Aragon and Melonport. where we pushed forward is testing: we have 1 test per 7 lines of code and some tests are really elaborate: for example simulating whole ICO process with 1000s of participants. there are 430 tests, and I feel we did our engineering properly
2. there are a few interesting coding patterns for Solidity, we also want to propose extension of ERC20 token standard that we want to use to distribute revenues from NEU and equity tokens
3. we had to totally push forward the toolset. it simply didn't work properly with our code base and number of tests we have. that includes truffle (we have own mod), solidity-coverage (many bugfixes around large number of LOC tracked), solium (solidity linter)
4. our smart contracts are paired with legal agreements that are generated from on-chain data. this protects our investors' rights both on-chain and off-chain.
Here is nice summary of what we deployed with links to github, etherscan and description of code base and tests

https://blog.neufund.org/tech-update-neufund-icbm-smart-contracts-are-deployed-and-ready-f27695e7fcaf

5. there is a nice D-APP at https://precommit.neufund.org that allows you to directly participate in the ICBM via any web3 injected wallet, Nano Ledger S or external wallet. We had to develop our own support to Nano Ledger S, smart contract ABI to typescript converter etc.

6. as there are no tools to monitor smart contracts now in a proper way, we developed our own (and it is open source) basically we decode all transactions and log events and pushes it to greylog. it is so simple but extremely useful.

https://blog.neufund.org/keep-your-private-keys-close-and-keep-your-smart-contracts-closer-introducing-the-smart-contract-e3bd1fcad204

Some interesting deployments are also coming tomorrow (for example to https://icomonitor.io). We'll be posting more info when public ICBM starts as well
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November 15, 2017, 07:56:36 PM
 #42

Hey,
I am Chris, lead dev @ Neufund. Lately, we were busy working on our dApp fueling our (pre)ICMB.

I need to admit that we are pretty happy with the outcome — from the user perspective, it's one of the smoothest processes for committing money on the blockchain. For devs, it's react app written in Typescript with some state of the art goodies like automatic generation of TS wrappers based on smart contract ABIs. We support multiple ways of sending ether (hard wallets, software wallets etc.) wrapped in nice UI. We have already written about some of the tech that we developed on our blog: https://blog.neufund.org/ (they were also mentioned in Week in Ethereum News newsletter) — stay tuned for more articles Smiley

Everything is open sourced and available on GitHub: https://github.com/neufund

Feel free to ask me any questions!
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November 15, 2017, 08:13:41 PM
 #43

Neufund have been just featured in Huffington Post. You can read the article below if you're interested:
https://www.huffingtonpost.com/entry/companies-changing-the-finance-landscape_us_5a0c0170e4b060fb7e59d4d4

 Roll Eyes

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ron_mexico
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November 16, 2017, 09:09:50 AM
 #44

Neufund is also getting strong support from:

Max Kordek, President of the Lisk Foundation:
https://www.youtube.com/watch?v=9-B2xN-IbZA

and

Fabian Vogelsteller, Lead of Dapp @ Ethereum:
https://www.youtube.com/watch?v=i-3HwZEwojE&t=7s

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panor
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November 17, 2017, 10:58:33 AM
 #45

Commit process starts in 2minutes on https://commit.neufund.org

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November 17, 2017, 11:04:37 AM
 #46

This project by so many interesting people. I bought into PRE ICBM very early to receive as much NEU as possible.

I hope that Neufund will revolutionize whole token sale market.

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tomek.banach
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November 17, 2017, 12:58:27 PM
 #47

Yes token market could use be a bit more tidy than now.
ron_mexico
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November 17, 2017, 07:27:47 PM
 #48

Cointelegraph just released an awesome interview with the CEO of Neufund: https://cointelegraph.com/news/meet-the-startup-everybody-in-europe-is-talking-about-neufund

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November 18, 2017, 04:41:43 AM
 #49

Interesting! I'm going to Singapore for a BlockShow on November 27... I would like to meet some people there to discuss this project! Is anyone doing to be there?
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November 18, 2017, 09:42:31 AM
 #50

Interesting! I'm going to Singapore for a BlockShow on November 27... I would like to meet some people there to discuss this project! Is anyone doing to be there?

Hey, we will be speaking there: http://blockshoweurope.com/speaker/zoe-adamovicz/
Maybe I will also go, but much depends on other arrangements

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November 18, 2017, 02:16:23 PM
 #51

Is there any hard cap?

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tomek.banach
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November 18, 2017, 03:38:43 PM
 #52

Is there any hard cap?

We do not have a regular cap. The amount of NEU you get per 1 ETH decreases over time (as people commit funds). Concept is similar to polkadot - people decide themselves if they have a good deal at the given moment please check https://commit.neufund.org for current status and below you will find curve that illustrates how reward changes.
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November 18, 2017, 07:31:13 PM
 #53

I'm really interested in this and wondering what others think. I always like to read negative information so I can get the full grasp. From reading the whitepaper it seems like if this works it should be the standard by which ICOs operate.
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November 18, 2017, 08:46:24 PM
 #54

I'm really interested in this and wondering what others think. I always like to read negative information so I can get the full grasp. From reading the whitepaper it seems like if this works it should be the standard by which ICOs operate.

Actually that's the main concept - to make them legal and under control.

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phreakk
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November 20, 2017, 10:37:40 PM
 #55

Do I understand this correctly, that the minimum contribution is 1 ETH?


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tomek.banach
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November 20, 2017, 11:14:12 PM
 #56

Do I understand this correctly, that the minimum contribution is 1 ETH?
Yes.
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November 20, 2017, 11:20:46 PM
 #57

So no signature bounty for Jr and newbies. Any honourable mentions in staking at least? Smiley
Thanks!
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November 21, 2017, 05:49:13 AM
 #58

So no signature bounty for Jr and newbies. Any honourable mentions in staking at least? Smiley
Thanks!

Hi! Info on the Jr. Signature is here: https://blog.neufund.org/neufund-icbm-bounty-program-1f796019c7e5
Cheers!

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November 21, 2017, 05:53:03 AM
 #59

I have a few questions!

1- So if i commit X amount of ETH now, if i decide to get my ETH back before 18 months i have to pay a 10% fee?
1-a. So the token is not mine to sell?

2- Also, the dividends i get from my token, how does it work, percentage wise?

3- Is there any country that cannot participate right now?

4- Why i read in one place that the cap is 1.5 Billion tokens but somewhere else that there is no cap?!

Thanks in advance!

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November 21, 2017, 11:47:04 AM
 #60

I have a few questions!

1- So if i commit X amount of ETH now, if i decide to get my ETH back before 18 months i have to pay a 10% fee?
1-a. So the token is not mine to sell?

2- Also, the dividends i get from my token, how does it work, percentage wise?

3- Is there any country that cannot participate right now?

4- Why i read in one place that the cap is 1.5 Billion tokens but somewhere else that there is no cap?!

Thanks in advance!

1. Yes
1a. You can sell but then to get your ETH you will need to rebuy NEU on secondary market.

2. You will get part of the revenues and fees from the platform on pro rata basis

3. US

4. Total supply is 1,5bn tokens. How many tokens will be issued during ICBM process depends only on the interest of ppl committing. However we created a security cap, so maximum numbers of tokens that might be generated during the ICBM is 869 474 423 NEU
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