[ANN] Natmin Pure Escrow - Escrow Services powered by Blockchain Technology

[Ace44]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

I agree, AI is still need need lot of improvements. At least those are available at affordable prices. For now verification done by human are good.

It is still at it's primary stage, though a lot of news has started emanating from it and brands are coming in to embrace it but at the moment, humans are the most efficient means of solving the issue of the dispute, between, one can get rewarded for participating in the settlement of a dispute which will lead to a vibrant platform as they progress

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[Cnote112]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

[ethtrader16]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

Exactly, burning monthly 1% will take long time and who's know infuture what will happen with Crypto market or with this tokens.

[CrypticBabe]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

i would like to know that myself!
is there any specific reason for that!
do they plan to release them in market then buy them back then burn?

[Darkoth89]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

i would like to know that myself!
is there any specific reason for that!
do they plan to release them in market then buy them back then burn?

From my understanding they're buying them back. So the 1% will be they'll be buying that amount back form the market each month?

[RyCriptoC]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

[chan001]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

i would like to know that myself!
is there any specific reason for that!
do they plan to release them in market then buy them back then burn?

From my understanding they're buying them back. So the 1% will be they'll be buying that amount back form the market each month?

We need some clarification from Natmin team about this token burning strategy. Let me check with them at telegram channel.

[Kinkadeinspired]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

I have always wondered how the nodes will be notified. This has totally answered every question I have about the nodes. Thanks

[nesh1]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

Price is fixed in ETH if you look in their Whitepaper at page 19 you can see that it says "the price is set to 1 ETH = 20,000 NAT" i think this is very profitable for early investors as ETH is very low right now.

[CrypticBabe]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

Price is fixed in ETH if you look in their Whitepaper at page 19 you can see that it says "the price is set to 1 ETH = 20,000 NAT" i think this is very profitable for early investors as ETH is very low right now.

thats a lovely information you shared there!
i would like to check that myself and get some for mine now!
whats the minimum investment!

[gee777]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

Price is fixed in ETH if you look in their Whitepaper at page 19 you can see that it says "the price is set to 1 ETH = 20,000 NAT" i think this is very profitable for early investors as ETH is very low right now.

Along side you will get a 10% bonus if you purchase the token now. That's like 2000 tokens untop the original 20000 token, making it 14000 tokens for 1 eth. Amazing isn't it.

[gee777]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

Price is fixed in ETH if you look in their Whitepaper at page 19 you can see that it says "the price is set to 1 ETH = 20,000 NAT" i think this is very profitable for early investors as ETH is very low right now.

Along side you will get a 10% bonus if you purchase the token now. That's like 2000 tokens untop the original 20000 token, making it 14000 tokens for 1 eth. Amazing isn't it.

[cryptossi]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

It's an impressive system, disputes will be handled efficiently. I like that the vote will pass on to the next available node if the initial node doesn't respond in the 4-hour time frame. that was actually going to be my next question, but you have already answered it for me

[faulerwilli]

Guys, I just observed one thing at Natmin site. They are offering 20000 Natmin tokens for 1 ETH. So I want to confirm if the token price is fixed in ETH or USD?

Price is fixed in ETH if you look in their Whitepaper at page 19 you can see that it says "the price is set to 1 ETH = 20,000 NAT" i think this is very profitable for early investors as ETH is very low right now.

Along side you will get a 10% bonus if you purchase the token now. That's like 2000 tokens untop the original 20000 token, making it 14000 tokens for 1 eth. Amazing isn't it.

I do not understand your bill. If I invest 1 ETH I get 20,000 tokens plus 10% bonus. that's 22,000 tokens
how do you get to 14,000 tokens?

[Nathan01]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

Brilliant and incredible approach you've got planned out.  This will drive interest in to the platform, I actually want the process to be as transparent as best

[Ace44]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

It's an impressive system, disputes will be handled efficiently. I like that the vote will pass on to the next available node if the initial node doesn't respond in the 4-hour time frame. that was actually going to be my next question, but you have already answered it for me

Creating that avenue for the community to be part of the project is indeed an awesome idea, this will help create an autonomous system, build up the value of the token because once there's a need for something, it becomes scarce, it takes a creative team to build a good brand that will stand the test of time and not phase out in a matter of months

[ganeshramk]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Every users don't need to worry about the security because the transactions process are really good. They will get their product first before the Natmin send the payment to the seller.

This is much needed one especially in the crypto field. This will eventually reduce misusing the blockchain for their own sake.

[nxnqauff]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

Exactly, burning monthly 1% will take long time and who's know infuture what will happen with Crypto market or with this tokens.

I am still trying to understand how the whole token burning process works. How can you control that? Somebody please explain me.

[cryptossi]

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

It's an impressive system, disputes will be handled efficiently. I like that the vote will pass on to the next available node if the initial node doesn't respond in the 4-hour time frame. that was actually going to be my next question, but you have already answered it for me

Creating that avenue for the community to be part of the project is indeed an awesome idea, this will help create an autonomous system, build up the value of the token because once there's a need for something, it becomes scarce, it takes a creative team to build a good brand that will stand the test of time and not phase out in a matter of months

Yes, I'm actually so impressed with the project, I might even become a node myself if I am eligible. It's a cool project to be a part of and I'm looking forward to watching their journey.

[Nathan01]

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

Exactly, burning monthly 1% will take long time and who's know infuture what will happen with Crypto market or with this tokens.

I am still trying to understand how the whole token burning process works. How can you control that? Somebody please explain me.

Burning is essentially sending the token to an address whose private key can't be accessed for life, thereby destroying the ability of having that amount of token or the token out of circulation for life

Hope this helps?