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[ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
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Topic: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED) (Read 21736 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
FrictionlessCoin
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 14, 2014, 05:15:32 PM
#121
Quote from: JakeThePanda on February 14, 2014, 05:03:27 PM
Quote from: FrictionlessCoin on February 14, 2014, 10:57:32 AM
Quote from: Smokeymar on February 13, 2014, 04:39:05 PM
You are only selling 5% to this thread. That leaves 95% to the "Just Click on Interested" crowd and the developers stake. I thought I heard you mention that only 300 people signed up on the website. Something doesn't make sense to me.
Does that mean they will have a bigger stake than the people reserving a deal in this thread?
Can you explain the numbers?
How is the other 95% being allocated?
My opinion is that 5% is way too low for the only group that's actually paying for a stake. Unless I'm missing something, please correct me if I'm wrong.
5% is allocated for this NEX exchange. 1% is allocated for VisaCoin holders. An unknown percentage will be allocated to those 'just interested'. There are at least 500 'just interested' folks, we hope to get much more.
Note: NEX is likely not a 100% proof of stake coin due to its very unfair distribution dynamics. Distribution will happen with a mechanism other than proof of work, but it will happen over a period similar to proof of work schemes. Think a year of distribution followed by a low inflation rate. The initial distribution will however be proof of stake, so there is an extreme advantage to be in the initial distribution.
This 5% will be used for continuous development and maintenance of the network. A stable set of 20 nodes will be allocated on launch to secure the network. This set will increase over time as the network grows in participation and size.
Thanks. How many total coins will be in the initial distribution?
Tentatively, 10% of the total distribution of 1 billion coins. So unlike Nxt where all you get from 'forging' is transaction fees, with NEX proof of stake earns you much more.
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 15, 2014, 12:43:15 PM
#122
I will pledge 10000 nxt
feixiangyu
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 16, 2014, 05:04:12 PM
#123
2000 nxt pledged
CoinManiac
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 16, 2014, 06:11:39 PM
#124
Quote
Adding 1000 NXT
I want to re-pledge it to 2000 NXT. Please update FrictionlessCoin
NEM NXT NXTL NEX
FrictionlessCoin
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 10:58:18 AM
#125
Spreadsheet updated
708,248 Nxt Pledged.
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 02:46:49 PM
#126
I'll pledge 2500 nxt
theironman
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 03:44:38 PM
#127
1000 nxt pledged
colombuszka
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 10:21:40 PM
#128
I pledge 250 NXT, count me in
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SyRenity
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 10:40:46 PM
#129
Please increase my pledge to 10K.
Thanks.
rtstrx
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 17, 2014, 11:04:03 PM
#130
I pledge 10000 NXT.
Thanks!
jubalix
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 18, 2014, 04:50:25 AM
#131
ok I recall this was just say interested then you get a stake.
in any even I pledge 2500NXT
is that how I get a stake?
Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws
https://www.binance.com/?ref=10062065
FrictionlessCoin
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 18, 2014, 02:36:02 PM
#132
Quote from: jubalix on February 18, 2014, 04:50:25 AM
ok I recall this was just say interested then you get a stake.
in any even I pledge 2500NXT
is that how I get a stake?
@ 50:1 2,500 NXT = 125,000 NEX.
Saying you are interested gives you a percentage of NEX allocated from that pool. The amount of NEX will depend on:
(1) how many people have expressed interest.
(2) how many NEX will be allocated for this.
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hendr1x
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 18, 2014, 11:39:16 PM
#133
I pledge 2000
qingmu1992
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 07:31:45 AM
#134
I pledge 2000
Let's flower the moon
. SbSZ8tAfrF8bU2tsUVDYjJt6mpuFUyWePS
qiushui113
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 08:33:39 AM
Last edit: February 19, 2014, 09:32:47 AM by qiushui113
#135
interested, but only selling 5% to this thread,,emmmm
Teddy COIN -15%Free+75%IPO,Let's talk about Teddy
. TpvdySRhnsjn1RDdRbtaaJcAJDbFazGQx5
ashao1015
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The Future Of Work
Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 08:47:07 AM
Last edit: February 19, 2014, 09:41:51 AM by ashao1015
#136
Very interested.
I pledge 4000 nxt
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 09:50:50 AM
#137
interested,but what is VisaCoin holders?
wizzardTim
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Reality is stranger than fiction
Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 01:54:27 PM
#138
Quote from: sx020204 on February 19, 2014, 09:50:50 AM
interested,but what is VisaCoin holders?
Some people, including me, that got scammed by VisaCoin member
Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
flipstyle
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 02:30:04 PM
#139
Please put me down for 10,000nxt.
Thank you.
flipstyle
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Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED)
February 19, 2014, 02:39:20 PM
#140
Oh last question. But in your OP, you basically linked to another coin ANN thread that was made before this one was, and copied and pasted the lvl1 and lvl2 coin implementation scheme.
I don't get it. Are you the toplevel coin developer as well? Or are you just going to copy their idea for nex? It would just seem weird that there are going to be 2 virtually identical coins coming out soon both with initial investor funds accrued?
Would appreciate your reply for clarification. Thanks.
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-----------------------------
Other
-----------------------------
=> Meta
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-----------------------------
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-----------------------------
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-----------------------------
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