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Author Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta  (Read 415645 times)
Eadeqa
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March 31, 2014, 06:34:51 PM
 #1321

Regarding early birdesr, 50 LTC was same as 1.5 BITC investment?

So early birders who invested LTC, get 0.03 BTC rate?

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
eXo_coin (OP)
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March 31, 2014, 06:44:32 PM
 #1322

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.


samperi649
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March 31, 2014, 07:23:49 PM
 #1323

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.



I missed the early bird discount stage. I want to invest in second stage. I read the condition regarding second stage that I should PM you. Can I PM you now or should I wait until the start of 2nd stage?
minuchi.str
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March 31, 2014, 08:53:31 PM
 #1324

Been waiting for second stage. I will try the beta test as I am a fan of c++. Will invest some in second stage.
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March 31, 2014, 08:58:35 PM
 #1325

Sound interesting. So much money collected so far.
dewon
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March 31, 2014, 09:02:50 PM
 #1326

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.
How long will this delay take?
Is there an expected date for beta test?
You know, the delay before beta test will scare the investors.

And you means you will choose the investors during the 2nd round IPO.
Do you have an expected amount for the 2nd round IPO? or Is there a soft cap ?


bano.pait
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March 31, 2014, 09:05:52 PM
 #1327

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.
How long will this delay take?
Is there an expected date for beta test?
You know, the delay before beta test will scare the investors.

And you means you will choose the investors during the 2nd round IPO.
Do you have an expected amount for the 2nd round IPO? or Is there a soft cap ?



The cap is 230 BTC or 2 weeks whichever is earlier.
dewon
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March 31, 2014, 09:11:00 PM
 #1328

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.
How long will this delay take?
Is there an expected date for beta test?
You know, the delay before beta test will scare the investors.

And you means you will choose the investors during the 2nd round IPO.
Do you have an expected amount for the 2nd round IPO? or Is there a soft cap ?



The cap is 230 BTC or 2 weeks whichever is earlier.

Is it an official opinion ?

So there is no large difference between 1st and 2nd rounds.

Why are those missing the 1st round IPO crying on the profit ?

Can't understand.
warriraj
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March 31, 2014, 09:21:04 PM
 #1329

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.




Will this delay in Beta will delay 2nd stage IPO too?
bano.pait
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March 31, 2014, 09:26:08 PM
 #1330

How can you ensure that no one can buy more coins for the total amount of 1,5 BTC?

He can't and he even said, that newby accounts are welcome to invest.
That is not correct. As stated (look at 2nd stage) everyone must ask for our permission before initiating an investment. We will take into consideration the activity on bitcointalk, registration date, already invested amount and later on linked transaction checks. So ultimately it is an individual decission but we will check properly and charge small fees for any fraud attempt.



As for the beta: Right now we have an issue caused by the hosting provider on exocoin.org
Although our beta-VPS are not facing that issue (other provider and locations) we might delay our beta test. Additionally we are doing still final checks on that beta version right now and are in contact to the hosting provider. Please give us some time so it might be delayed some hours up to one day.
How long will this delay take?
Is there an expected date for beta test?
You know, the delay before beta test will scare the investors.

And you means you will choose the investors during the 2nd round IPO.
Do you have an expected amount for the 2nd round IPO? or Is there a soft cap ?



The cap is 230 BTC or 2 weeks whichever is earlier.

Is it an official opinion ?

So there is no large difference between 1st and 2nd rounds.

Why are those missing the 1st round IPO crying on the profit ?

Can't understand.

Yes, its official. Check the '2nd satge' link in exo_coin's post above.

1st round's 155BTC(approx.) will share 23% i.e 23 million coins.

2nd stage 230 BTC will share 18 million coins. If second stage falls short, there will be some adjustments so as to ensure 1st stage investors get more coins per BTC invested
kingbtcvl
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March 31, 2014, 10:40:18 PM
 #1331

now that you have officially stated the conditions for the second stage of the ipo, let me be the first one to ask critical questions about your proceeding.


note that i am asking this qestions under the asumption that the upper cap of the 230 btc for the second stage will be reached, but as you obviously assume that yourselves according to the follwoing statement my questions have a right to exist.

Is it possible that an early bird adapter gets less EXO for 1 btc then a second-stage adapter [...].
[...] it is very unlikely that this will be really the case. We are expecting an steady increase in attention and investments over the time till launch.





why do you think that an early bird investor deserves a whopping 67% more eXo for his investment compared to a potential investor of the 2nd stage?




even if you consider a 67% advanatage for early birds to be fair, why do you insist on the upper cap for the second stage instead of using the formula
Code:
(1.67 * early bird investment + second stage investment)/(1.67 * all early bird investments + all second stage investments) * 42000000,
which gets rid of the upper cap, but sill yields the same 67% advantage for early birds?



Sounds fair to me. Otherwise, what was the point of being an early bird?

Early bird's take more risk than late adopters, so they should get a bigger share.
That's correct.
Earlier you adopted, more risk you will experience.
The reward for the first round IPO should correctly be more than later investments.
It's the same situation for most of other IPO process.


@Derive & unent
please explain in detail why you think that early birds take a higher risk than potential investors of the second stage. imho this statment is just ridiculous becaus the early birds could have made their payment via an escrow and are sill able to be back off right now if they want to. so imho the risk between investing in second stage compared to investing in the first stage is actually exactly the same!



@eXo_coin (or any other developer)
i am still waiting for your opinion concerning my two questions. would you be so kind to answer them yourself as all recent answers of the other user don't seem to be plausible to me.
TwinWinNerD
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March 31, 2014, 11:05:52 PM
 #1332

Why don't you people just stop the BS discussion about the distribution?

It is decided and won't be changed. Get over yourself...

funnynews
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March 31, 2014, 11:08:47 PM
 #1333

What I need to do in addition to the BTC value to join the select club?
What are the selection criteria?
Grin

eXo_coin (OP)
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March 31, 2014, 11:24:10 PM
 #1334

...
@eXo_coin (or any other developer)
i am still waiting for your opinion concerning my two questions. would you be so kind to answer them yourself as all recent answers of the other user don't seem to be plausible to me.
You might overseen one point for your calculation:  You are assuming that the 230 BTC cap will be reached. Although I cannot say it will not be reached I do not think that it will be. Secondly all numbers are public. So every investor can calculate what you just have did and can decide to not invest if they are not happy with these conditions.
You are saying that 1st stage investors have not faced higher risks - fair enough to say. In my personal opinion that is not true. I agree with you that the risks where not that much higher (compared to other IPOs with more than one stage) but they were higher: You must rely on the escrow service or you must rely on us. Both ways are not 100% safe. Additionally every invested coin is parked in a wallet outside of your control. Thus you cannot use it for other investments / react to course drops/increases etc. So even if we just hand everything back you might lost some of the investment because of a bad BTC chart. The earlier you invested the higher is the risk to get in trouble with that point. The earlier you invested in eXocoin the more trust you put into us, our words and our product. That is something that should be honored as well.
Anyway those conditions are set and we will not change them now. Please accept the conditions. If you cannot live with them then please do not invest in 2nd stage.

website is up running again. Host got issues with switches.

If in the day tomorrow everything runs smoothly then we will stick with the plan to start with the 2nd stage on 2nd April.

Open beta will launch in less than a few hours probably. Please stay patient for further notice soon. Selection criteria are not fix set like "your account must be registered after XXX". We will check your investment wish depending on various criteria (registration date, activity, 1st stage investments, desired amount)

TwinWinNerD
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March 31, 2014, 11:28:09 PM
 #1335

Where will you announce the link to the beta client? Website or here?

eXo_coin (OP)
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March 31, 2014, 11:40:16 PM
 #1336

both  Wink

you will find the link (and information) here
But I will give a notice here as well when everything is ready



6 nodes are running now for beta testing. There will be more for the launch

rramires
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March 31, 2014, 11:42:52 PM
 #1337

"Open beta will launch in less than a few hours probably."


http://s29.postimg.org/jrbzn4e6r/matrix.gif

WoW... I'm anxious to see 'the prodigy' running.
Wink
opticalcarrier
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April 01, 2014, 12:27:13 AM
 #1338

the recent large drop in the value of BTC is a prime example of why 1st round get more.  That and the fact that 1st rounders lose access to the investment
fllybird
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April 01, 2014, 01:06:44 AM
 #1339

where is beta client ?
TwinWinNerD
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April 01, 2014, 01:07:14 AM
 #1340

where is beta client ?

soooooon! Be patient my friend!

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