Dear Comkort, you are invited to test Pi at your exchange.
NXT has grown from an innovative cryptocurrency (CC) to a financial ecosystem. As a currency NXT performs at the upper levels of all ranking charts, as an asset platform NXT has a stable of high performers; and now with NXT’s new Monetary System more high performance is expected.
PICISI, a pre-launch start-up, is a crowdfunding site designed to accept fiat and CC. It is being positioned as an influential player in the CC space. Recently it quietly issued its currency (Pi) on NXT’s Monetary System.
Pi (currency code NUMUS -- latin for currency) was designed with a specific supply, demand, and value in mind.
The total supply is fixed at 500,000 units approximately 5x the anticipated average monthly use volume,
Primary demand for Pi will come as a:
- short-term debt instrument to raise funds for site development and multiple licenses,
- day-to-day means of paying for global services rendered,
- CC option for campaign organizers, and
- CC payment option for PICISI sponsors
Major factors that will determine Pi’s value are the prices PICISI will pay for global services rendered to it by the various Promotion Contractors that complete various assignments and subsequently paid for with Pi; and the rate at which PICISI will buy Pi on the open market. PICISI uses fiat derived from earned fees to purchase Pi at the exchanges where Pi is listed. If an official exchange sponsor is present PICISI will purchase Pi exclusively at that exchange.
NXT developers have indicated that NXT’s MS currencies are not designed for ‘off the shell’ integration into any exchange platform. However according to jl777, an influential cc developer and high performing NXT Asset manager: ‘for the exchanges that already support NXT assets, they would simply change "transferAsset" API calls to "transferCurrency". since they use nearly the identical syntax’.
Pi is viewed as an ideal test subject because PICISI is in pre-launch mode and it has a small community of supply-side and demand-side participants: investors, sponsors, admins, and Promotion Contractors. A number of exchanges have been invited to test Pi at their exchange. Those who participate will receive favorable media coverage during testing.
Please let me know in the coming days if you have an interest in this project.
We've grown in community size (32 people) and accomplishment since our last post (above), here is an update of site launch prerequisites:
1) recruit a min. of 6 admins, we now have 2;
2) secure a min of 20 sponsors, we now have 21: (
www.ArmisGame.com, The Einsteinium News, Crypto Cloud Hosting, Bitcoin PR Buzz, Crypto Database, Einsteinium, Metal Coin, HYPER, Hobonickels, Energy Coin, World Aid Coin, Artsry Coin, GSM, Sativacoin, Magi coin, HTML5, Coin2, Aricoin, NXT, Gridcoin, and Goldpieces); [goal achieved & surpassed]
3) secure a min of 8 campaigns to crowd fund, we now have 6;
4) recruit a min of 1 referral agent, we now have 1; [goal achieved]:
5) associate with a min of 2 promotion contractors, we now have 12: [goal achieved & surpassed]
6) associate with a min of 1 campaign contractor, we now have 12; [goal achieved & surpassed]
and
7) publish a min of 5 ‘about PICISI’ articles, we now have 6, [goal achieved & surpassed] .
Please help us to achieve all of our goals.
Although we have yet to launch, Alexa.com ranked the site, so we are now monitoring site ranking:
On May 3, 2015 our rank was ~22M
On May 5, 2015 our rank was revised to ~17M
Note: rank revision is not a technical change, the rank change usually takes place once monthly, my best guess for the revision is because
the site is rapidly growing in popularity. The 5M rank gain in 2 days is massive, and well appreciated.
