[ANN] ORA :: NXT 'monetary system' currency

[Chaos514]

If we are going for a Nautical theme (aka the Starfish in the logo thread) we should change to Coral. 

Else, I still prefer Kora over Ora.

[1714657716]

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[1714657716]

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[1714657716]

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[cryptworld]

great coin
i think it will be valuable

[josegines]

Alright so I've sent out a mail reminder about verifying NXT addresses.

I'd like for people to get at least 36 hours to see the mail and do any final fixes.
We'd of course like to see a "1" in as many NXT columns as possible.

Stakeholder list

After this period is over we'll consider the list final. So let's say on thursday?
As always, if you have any questions about your entry on the list (or lack of), send me a PM.

The email is very well written. I believe that nobody of the list will remain out if it continues these instructions.

Congratulations for the made well work.

[greentea]

I've been out of the loop for awhile, and just go the verify NXT address email ...

got the 1-1...

What needs to happen next? 

[hala]

we are going to AE ASAP.

[Kora]

What?  Nobody has suggested the name

Okra

yet?

Okra is very good for vegetarian curries! lol

[Kora]

Please send all registration related enquiries to Mac Red!

A few people have sent PM's to me, and if you didn't send your enquiry to Mac Red also, you might miss out. We'll be finalising everything in preparation for the distribution soon, so please check the stakeholder list asap if you haven't already, and if you have a query contact Mac Red straight away!

See below for Mac Red's advice. Thursday will be the cut-off and the list will be considered finalised.

Alright so I've sent out a mail reminder about verifying NXT addresses.

I'd like for people to get at least 36 hours to see the mail and do any final fixes.
We'd of course like to see a "1" in as many NXT columns as possible.

Stakeholder list

After this period is over we'll consider the list final. So let's say on thursday?
As always, if you have any questions about your entry on the list (or lack of), send me a PM.

I would like to let everyone know that I have paid Mac Red the second half of his bounty payment for developing & managing the ORA registration system, and I consider that Mac Red has fully met his obligation to myself, and our initial 'agreement' has therefore concluded!

Thanks Mac Red for all your great work

Even though the final list isn't completely signed off on yet, we're definitely in the home straight, and Mac Red has done an absolutely fantastic job, and I'm more than happy to pay him a little early.

From now on Mac Red and myself are two regular community members, and while I'm very confident we will continue to work well together, that will be through a spirit of co-operation and mutual self-interest, and not due to any contractual arrangement regarding exchange of funds for work delivered.

This is an important milestone for me, as in most situations if you pay someone to perform a service for you it would imply that you have a measure of control over the situation. Any 'control' I had over Mac Red previously has now ceased, and from here on we are ORA community members working together with everyone else  

Thanks again Mac Red!!

[sxh]

Alright so I've sent out a mail reminder about verifying NXT addresses.

I'd like for people to get at least 36 hours to see the mail and do any final fixes.
We'd of course like to see a "1" in as many NXT columns as possible.

Stakeholder list

After this period is over we'll consider the list final. So let's say on thursday?
As always, if you have any questions about your entry on the list (or lack of), send me a PM.

I did not in list , sorry, I forgot pm, please add me, thank you.
Hi, would like to confirm for Kora.
my btt id:323295

[poornamelessme]

Apologies if this has been mentioned, but what is the max number of coins? And how many does each stake get?

[chuyengia2244]

Apologies if this has been mentioned, but what is the max number of coins? And how many does each stake get?

The max number of coins: 1,000,000,000

[CoinManiac1]

Since we are going on NXT AE, what will the price of those stakes?

[martismartis]

Since we are going on NXT AE, what will the price of those stakes?

I think market price

[DarkhorseofNxt]

Apologies if this has been mentioned, but what is the max number of coins? And how many does each stake get?

The max number of coins: 1,000,000,000

Max coin is 1,000,000,000
Each will receive 166,666

[DarkhorseofNxt]

Since we are going on NXT AE, what will the price of those stakes?

Its a free market. The price can range from anywhere to anywhere.

[Kora]

Since we are going on NXT AE, what will the price of those stakes?

Its a free market. The price can range from anywhere to anywhere.

As Darkhorse rightly points out, the market will decide the price. I think it's safe to assume some stakeholders will dump almost immediately, and some people who missed the registration, (or didn't bother as they thought ORA was a scam or a joke) might quickly jump in and buy up the dumped stakes to immunise themselves against "oh no, I missed another one" syndrome.

I'm hopeful a good solid % of stakeholders will hodl and take a 'wait and see attitude'. I'd be quite surprised if the price went very high any time soon, but who knows, this is crypto and anything can happen!

I do know that being able to issue ORA tokens on the NXT AE BEFORE we have any working code makes ORA fundamentally different to other crypto offerings. NEM is close, but they haven't issued 1:1 with their coin supply, and not all the NEM stakes are on the NXT AE.

100% of ORA will be trading on the NXT AE on day 1, and for a coin in development, the ability to trade & value ORA during 'construction' is unique as far as I know. The market can judge every step of our development. That's pretty cool, and as the stakes are free, I'm hoping nobody gets burnt! Remember, ORA is an experiment, and none of us know where this will end up.

ORA's value will be based initially on the markets judgement of our collective potential, and over time if we gain the markets confidence, and we work well together as a community, and we support & help nio and any other developers who join the team, there's nothing to say we can't be a very successful coin.

I'm always thinking longer term with ORA, and I'll put in some buy orders after we complete the distribution to make sure the dumpers can exit quietly.

I'm optimistic I think ORA has a good story to tell, and with nio as our lead dev, we can create a really great coin. Maybe top 20, maybe even top 10 .. but lets concentrate on the immediate goals. Finish the distribution, build a community, support the dev team, and enjoy the ride!!

[baby222]

if i get two "1"  on the menber list , do i need to PM RED again?

[Mac Red]

if i get two "1"  on the menber list , do i need to PM RED again?

No need. 
And for anyone who has sent me PM since my last update, I'll go through these and respond later today.

[davien]

if i get two "1"  on the menber list , do i need to PM RED again?

no

[baby222]

if i get two "1"  on the menber list , do i need to PM RED again?

No need. 
And for anyone who has sent me PM since my last update, I'll go through these and respond later today.

  i see , thank you for reply 

[franckuestein]

When are the coins going to be spread for the ones that we have 1/1 and 1/1 on the stakeholders list?
Thanks!