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

[kattokassinen]

Sounds like a good distribution model. Is it just a 1:1 clone of qora or are there any unique features / development planned ? Maybe in the future ?

I really hope we can attract a dev who will 'extend' Qora, but I'm not a dev myself, and so whether Kora becomes a 1:1 clone of Qora or not is yet to be decided. It wont be up to me, but I'll try as hard as I can to establish a good community around Kora, and if we succeed at that then you never know ... great active community will attract a better grade of dev, that's obvious. NEM experience gives me confidence!

I'm pretty sure you'll reach 3k registrations if the registration remains free. Not so sure if people would be willing to pay for a 1:1 clone. But yeah, it's important to have a fair distribution.

[ObscureBean]

I don't understand why we need a NXT account but whatever, I'll give it a try.

We need a valid NXT address to issue your Kora tokens on the NXT asset exchange. Once we have the Kora network up and running you can exchange Kora tokens on the NXt AE for Kora coins in a NXT wallet.

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

[Ezravdb]

Cool idea to use the NXT AE, I will be watching this thread tonight

[upekha]

interested

[th4o]

Can't wait to register

[Coinr88]

Sounds like a good distribution model. Is it just a 1:1 clone of qora or are there any unique features / development planned ? Maybe in the future ?

I really hope we can attract a dev who will 'extend' Qora, but I'm not a dev myself, and so whether Kora becomes a 1:1 clone of Qora or not is yet to be decided. It wont be up to me, but I'll try as hard as I can to establish a good community around Kora, and if we succeed at that then you never know ... great active community will attract a better grade of dev, that's obvious. NEM experience gives me confidence!

I think 5% for webapp dev and clone creator each is too much. Why don't they just get a stake like everyone else and reserve some % for future development instead?

[Kora]

I am interested, what should I do now?

Read the OP

I read the IPO but I don't see any registration page or anything like that, has the IPO started and when will be announce?

So do I. Can't understand. Where to sign in?

URL for the registration webapp will be posted AFTER countdown finishes!

[wozuikl]

click the NXT account on wallet client and there will display two option, then click the second option that you will get the numeric id of NXT!

[mladen00]

The rules are simple:
4. If your account is older than 3 months - 20 posts minimum
5. If your account is younger than 1 month - 40 posts minimum

These two rules are simply stupid.

Why so? Can you explain your criticism? As anti sockpuppet measures these type of rules seem necessary, but maybe you have a good suggestion. Without full identity document collection & KYC the best approach IMO is to use a number of anti-sock measures together, and the post count rules serve a purpose.

As always, suggestions are most welcome!!

Don't use number of post's ; use activity number
(everyone can write 100 post's in one day

[Tearscoin]

one mouth has been passed. it still has not started.

Beacuse Qora have not open sourse

when will Qora open sourse?

[Kora]

Sounds like a good distribution model. Is it just a 1:1 clone of qora or are there any unique features / development planned ? Maybe in the future ?

I really hope we can attract a dev who will 'extend' Qora, but I'm not a dev myself, and so whether Kora becomes a 1:1 clone of Qora or not is yet to be decided. It wont be up to me, but I'll try as hard as I can to establish a good community around Kora, and if we succeed at that then you never know ... great active community will attract a better grade of dev, that's obvious. NEM experience gives me confidence!

I think 5% for webapp dev and clone creator each is too much. Why don't they just get a stake like everyone else and reserve some % for future development instead?

I respect your opinion! From my point of view the clone dev is THE critical dev for Kora, and remember, he/she will probably be the first to clone Qora, so I'd expect they will earn their 5%.

As for the webapp dev, his job is also critical, and Mac Red has provided a lot more input to Kora than just coding the registration webapp, so IMO he fully deserves his stake too. Given that I'm not a dev, and I'm a 'coinname= accountname' sockpuppet myself, Mac Red took a big risk with his time & effort in committing to join Kora, and in order to get a 'quality' applicant I needed to offer a more generous stake. I hope Mac Red sticks around (but he isn't obliged to), and his input has been critical in getting Kora on the launchpad & looking credible.

The first people to join something 'new' and untested have taken the biggest risk, and its fair they should get a higher reward.

I'm probably going to take 2% for myself, and I'll accept donations too. To date I've had expenses of 2 bitcoins (half still to pay), plus 1000 NXT asset listing fee, plus at least 3000 NXT in transaction fees to send out all the Kora stakes. I'll also offer a bounty to help code an automation script to send out the Kora stakes. As I'm just the Kora ring master, I think 2% to cover my expenses is fair.

[constary]

好像我没有资格参与

[Kora]

one mouth has been passed. it still has not started.

Beacuse Qora have not open sourse

when will Qora open sourse?

Unknown, but the interim solution of issuing Kora tokens on the NXT AE can exist indefinitely!

We also have a very impressive "plan B" courtesy of Come-from-beyond!!!

Btw, if Qora doesn't release the source code we could run Kora on top of Nxt Monetary System. It would be Nxt with fair distribution secured by Nxt with unfair distribution... It's a situation when we can eat the cake and still have it.

https://nxtforum.org/alternate-cryptocurrencies/korasibling-of-qorafree-fair-distributionregistration-countdown!!/msg52358/#msg52358


Kora will launch one way or another, I'm certain of that!

[Sinohe88]

well, i think "3000 stakeholders" is not easy to achieve or maybe it's impossible
if you want to make it possible by force, then you have no choice but accepting so many suckpoppet accounts
i mean so many and you can not stop them
unless you had plan for checking one by one of all applications
you can do it by checking their IPs, browser cookies...etc, of course if you wanted to, but honestly, i don't thinks so
as it takes a lot of time and work

[rajc]

I am really looking forward to see if these "fair distribution" IPO coins going to beat "poor distribution" IPO coins.
Definitely PoS (and probably NEM's PoI - i wrote probably because NEM is still in closed alpha) are better then PoW, but there has been a lot of talk about converting bitcoin to PoS. If this happen, all other coins are dead I think.

[Espo]

This Projekt sounds glad.
I'm very interested

[a447513372]

this coin sounds very good 

[Xpedite]

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please. 

[Spayse]

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please. 

It is cool but "Please make sure your NXT ID appears in the blockchain explorer (http://87.230.14.1/nxt/nxt.cgi)"

[Coinr88]

So is it cool if I register using my NXT address from my online wallet at myNXT.info?

Can someone answer this question please.  

I think mynxt.info doesn't have asset exchange integrated yet so you won't be able to get your tokens.