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Author Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta  (Read 415097 times)
msin
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February 25, 2014, 10:36:20 PM
 #881

I think a 1.2X early bird advantage is hardly worth the risk.    If I had known that 2nd stage investments have the potential to achieve upto 80% equity stake in a project that (if realized) will be many orders of magnitude farther along, vetted, tested by the community and explained by the time the 2nd round funding is ready to end.    I would have absolutely bookmarked this thread and visited it in a few weeks to 'see what happened'.    There is no way I would have locked up any resources in this until later if/ever.  Crypto moves 24/7 and rewards the quick.   Not those locked up in escrow for weeks/months at only a 20% advantage to those that had weeks more time to use btc for other pursuits.

Hindsight is always 20/20,  I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin.    And I also know there is no point arguing about risks with people who have not even bought into this coin yet.  With 'hope' the Early adopters will become a very small part of this community.  And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.

Lets hope that 2nd round funding goes extremely well and gets 100's+  BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows

I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.

However I choose to support the devs in making a difficult and diplomatic decision.  

+ OKAY to the new plan.

+1. This might sound "greedy" for some, but seriously, the amount of risk taken by 1st round investors (BEFORE even the whitepaper) should be rewarded by more than 20% of the second round. I'd vote for 24% / 17%. But I guess it also depends how many the second stage gets. If there is a lot of investments, then I'd be fine with the current proposition.

I don't believe 2nd round will reach the early bird BTC mark, nor much higher which would be required for the early bird to be a good deal.
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Damelon
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February 25, 2014, 10:36:40 PM
 #882

Anon136:  I am looking through the exo's investors list and I'm a bit confused.  I sent 0.16 BTC for investment, but do not see my amount on there.  I understand you took a fee and the total after fee is displayed.  So if you could tell me what my actual investment was I would appreciate it (I don't know exactly how much is your fee, I know not very smart of me but hey I took a risk).

The fee is, as far as I know, 0,9%

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February 25, 2014, 10:47:52 PM
 #883


The fee is, as far as I know, 0,9%

Anon must be using a different fee structure because I put in 0.5045 btc expecting 0.5 btc towards ipo but on exo's investor's list it shows my hash with only 0.4945 btc which means the fee ended up being closer to 2%.
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February 25, 2014, 10:48:54 PM
 #884

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

+1

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February 25, 2014, 11:05:28 PM
 #885

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

Agree

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February 25, 2014, 11:07:35 PM
 #886

Anon136:  I am looking through the exo's investors list and I'm a bit confused.  I sent 0.16 BTC for investment, but do not see my amount on there.  I understand you took a fee and the total after fee is displayed.  So if you could tell me what my actual investment was I would appreciate it (I don't know exactly how much is your fee, I know not very smart of me but hey I took a risk).

The fee is, as far as I know, 0,9%

Anon's rate was 0.9% or 0.01BTC, which ever is greater.
https://bitcointalk.org/index.php?topic=430467.msg5171742#msg5171742

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February 25, 2014, 11:26:55 PM
 #887

Anon136:  I am looking through the exo's investors list and I'm a bit confused.  I sent 0.16 BTC for investment, but do not see my amount on there.  I understand you took a fee and the total after fee is displayed.  So if you could tell me what my actual investment was I would appreciate it (I don't know exactly how much is your fee, I know not very smart of me but hey I took a risk).

The fee is, as far as I know, 0,9%

Anon's rate was 0.9% or 0.01BTC, which ever is greater.
https://bitcointalk.org/index.php?topic=430467.msg5171742#msg5171742

Thanks, I think I saw it now.
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February 26, 2014, 12:18:50 AM
 #888

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
Agree
+1
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February 26, 2014, 02:25:12 AM
 #889

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

agree
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February 26, 2014, 02:30:52 AM
 #890

 ;DI think this is perfect
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February 26, 2014, 02:37:51 AM
 #891

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

It's pretty normal for the first round to want more now that they are in, but the difference between the first/second rounds should stay at 5% since that is what the difference was in the original contract ...


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February 26, 2014, 02:49:33 AM
 #892

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

It's pretty normal for the first round to want more now that they are in, but the difference between the first/second rounds should stay at 5% since that is what the difference was in the original contract ...



Thank you for telling us what is normal.  I was expecting 9% interest and that was in the original contract but where his that now?
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February 26, 2014, 03:02:52 AM
 #893

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

It's pretty normal for the first round to want more now that they are in, but the difference between the first/second rounds should stay at 5% since that is what the difference was in the original contract ...



Thank you for telling us what is normal.  I was expecting 9% interest and that was in the original contract but where his that now?

First round started at 15% now it is 23.5% ... why do you feel it should be more?

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February 26, 2014, 03:05:31 AM
 #894

   
       I like this coin so much but I am too later to find it  . I have to wait the 2rd stage.

       I wish the 2rd invesment stage will come soon .   

        Smiley
 

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February 26, 2014, 03:13:04 AM
 #895

I don't understand how newbies that didnt have any post, make their first post in this thread that they like this coin so much.

Maybe its a good thing eXo, to keep an eye on people that making more accounts to invest a second or third time...

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February 26, 2014, 04:44:46 AM
 #896




We would redraw the pie chart like the following:
mining:                50%
3rd stage:            crossed-out entirely
interest block:       crossed-out entirely
2nd stage:           10% + 5% + 3.5% = 18.5%
1st stage:            15% + 2.5% + 6% = 23.5%
mail:                    4%
bounties/giveaways: 4%


That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC


If the community is OK with these plans then we would change the pie chart to what I just described.

Looks great!
First group of investors get more EXO while the 5% difference with the 2nd group of investors remains the same.
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February 26, 2014, 05:06:33 AM
 #897

im glad we decided to go with a common sense interpretation of the agreement rather than an overly literal interpretation.

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February 26, 2014, 05:09:48 AM
 #898

Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%.  5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.

It's pretty normal for the first round to want more now that they are in, but the difference between the first/second rounds should stay at 5% since that is what the difference was in the original contract ...



Thank you for telling us what is normal.  I was expecting 9% interest and that was in the original contract but where his that now?

First round started at 15% now it is 23.5% ... why do you feel it should be more?

Second round started at 10%, now it's 18.5%, I feel there should be a bigger difference between early bird and 2nd round. 
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February 26, 2014, 05:46:35 AM
 #899

I think there is not enough upside being an early-bird investor, 20% more for placing blind faith investment is just not worth it. But, to be honest, I only invested because I thought most people would wait for the second round  Grin most people came to the same conclusion, leading us to here. So in that context its fair we made our bet now we cant cry about it.
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February 26, 2014, 05:51:30 AM
 #900

early birds here only worry they might get less than 2nd round.
Nobody is worried about the coin itself.
stupid and greedy, as simple as that.
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