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Author Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping  (Read 184267 times)
Malooka
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June 30, 2014, 09:37:20 PM
 #181

I assume if we used dgex for escrow wouldn't be in that list? Also, coins there will be deposited to the dgex account?

Yes, how will this work and when will we see it?

DGEX is awful at letting people know about things.  I'm still out hundreds of NXT because of an incorrect transaction - weeks later, no response from DGEX on here or their official email.
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July 01, 2014, 03:01:10 AM
 #182

Total accepted donations 533.0380646 BTC

Blockchain.info 191 donations, 225.5324219 BTC
DGEX.com 240 donators, 307.50564270 BTC

Donator numbers are preliminary and may slightly change before genesis block distribution.

Blockchain.info donations

29.99900000
16.00000000
15.05164743
10.00000000
09.99980000
08.00000000
08.00000000
04.83200000
04.73500000
04.73000000
03.99980000
03.70000000
03.40000000
03.40000000
03.25000000
03.00000000
03.00000000
02.80000000
02.00000000
02.00000000
02.00000000
01.99980000
01.80000000
01.75000000
01.70000000
01.70000000
01.66000000
01.63200000
01.60000000
01.58100000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.50000000
01.49980000
01.48000000
01.47050000
01.47000000
01.40000000
01.17130000
01.10000000
01.01000000
01.00000000
01.00000000
01.00000000
01.00000000
01.00000000
00.99990000
00.99980000
00.99970000
00.98020948
00.91590000
00.89400000
00.85430000
00.80000000
00.80000000
00.72000000
00.70007903
00.69350000
00.60000000
00.60000000
00.52000000
00.51000000
00.50000000
00.50000000
00.50000000
00.50000000
00.50000000
00.50000000
00.50000000
00.50000000
00.50000000
00.49980000
00.49980000
00.49970000
00.45760000
00.45120000
00.45080000
00.40000000
00.39532612
00.36087957
00.34000000
00.33363353
00.33333333
00.33333300
00.31000000
00.30000000
00.30000000
00.30000000
00.27000000
00.25000000
00.25000000
00.25000000
00.25000000
00.24900000
00.24000000
00.23880000
00.22960000
00.22610000
00.22530000
00.22460000
00.22270000
00.22240000
00.22200000
00.22145281
00.22000000
00.21680000
00.21540000
00.20000000
00.20000000
00.20000000
00.20000000
00.20000000
00.20000000
00.19980000
00.19980000
00.19500000
00.19000000
00.18980000
00.17000000
00.16000000
00.15539021
00.15515000
00.15500000
00.15000000
00.14803200
00.14000000
00.12980000
00.12900000
00.12000000
00.12000000
00.11566997
00.11300000
00.11215736
00.11000000
00.10000000
00.10000000
00.10000000
00.10000000
00.09990000
00.09980000
00.09900000
00.09800000
00.06450000
00.05000000
00.05000000
00.04990000
00.04980000
00.04630220
00.03800000
00.03800000
00.03420000
00.03000000
00.03000000
00.02500000
00.02480000
00.02374654
00.02310000
00.02200000
00.02140000
00.02010000
00.02000000
00.02000000
00.02000000
00.01980000
00.01900000
00.01706282
00.01530000
00.01400000
00.01020000
00.01000000
00.01000000
00.01000000
00.01000000
00.00900000
00.00625840
00.00344000
00.00150000
00.00129331
00.00100000
00.00042479
00.00020000
00.00010000
00.00010000

DGEX.com aggregate donations

   29.99900000
   20.42019000
   17.14000000
   16.97697800
   15.99927000
   14.00000000
   12.00000000
   11.33708200
   10.60325200
   10.00000000
   8.50000000
   5.30000000
   5.29807200
   5.26796800
   5.00000000
   4.80345900
   4.32390000
   4.08000000
   4.00000000
   3.84490000
   3.76980000
   3.64158000
   3.30406100
   3.23500000
   3.00000000
   3.00000000
   3.00000000
   2.99980000
   2.90000000
   2.75000000
   2.60622800
   2.13000000
   2.00217000
   2.00000100
   2.00000000
   2.00000000
   1.73750000
   1.69623700
   1.50000000
   1.43538700
   1.37450310
   1.20000000
   1.17930100
   1.13219300
   1.10450600
   1.02034700
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   1.00000000
   0.97977100
   0.93000000
   0.90000000
   0.88757490
   0.73026700
   0.71983000
   0.71005600
   0.63431000
   0.59600000
   0.59600000
   0.56191600
   0.55000000
   0.53860200
   0.50477600
   0.50020240
   0.50010000
   0.50000000
   0.50000000
   0.45901000
   0.45441700
   0.40000000
   0.40000000
   0.38007900
   0.36517900
   0.36227700
   0.35134900
   0.35000000
   0.35000000
   0.35000000
   0.33000000
   0.32000000
   0.30255990
   0.30167000
   0.30000000
   0.30000000
   0.29986100
   0.28000000
   0.26000000
   0.25791700
   0.25100000
   0.25000000
   0.25000000
   0.25000000
   0.25000000
   0.25000000
   0.25000000
   0.24304800
   0.22222220
   0.21950000
   0.21520000
   0.21000000
   0.21000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.20000000
   0.19760900
   0.19630000
   0.19200000
   0.19000000
   0.19000000
   0.19000000
   0.18800000
   0.18780000
   0.18000000
   0.17300000
   0.16143500
   0.15307100
   0.14503200
   0.14000000
   0.13920000
   0.13611500
   0.13498000
   0.13410000
   0.13264000
   0.13074700
   0.12831600
   0.12457000
   0.12000000
   0.11690000
   0.11419000
   0.11200000
   0.11050000
   0.11000000
   0.10104500
   0.10008000
   0.10000600
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.10000000
   0.09900000
   0.09254000
   0.09000000
   0.08798400
   0.08645900
   0.08381500
   0.08366800
   0.08000000
   0.07500000
   0.07322900
   0.07218100
   0.07027900
   0.06171400
   0.06000000
   0.05847200
   0.05770000
   0.05662500
   0.05653400
   0.05500000
   0.05388300
   0.05267700
   0.05009400
   0.05000000
   0.05000000
   0.05000000
   0.04643000
   0.04400000
   0.04000000
   0.04000000
   0.04000000
   0.03500000
   0.03401400
   0.03121680
   0.03100000
   0.03100000
   0.03000000
   0.02650000
   0.02640800
   0.02500000
   0.02344900
   0.02271890
   0.02220000
   0.02029900
   0.02000000
   0.02000000
   0.02000000
   0.02000000
   0.01553000
   0.01318100
   0.01200000
   0.01118000
   0.01007600
   0.01000000
   0.01000000
   0.01000000
   0.01000000
   0.01000000
   0.01000000
   0.00900000
   0.00820000
   0.00775000
   0.00704400
   0.00600000
   0.00600000
   0.00500000
   0.00500000
   0.00500000
   0.00492900
   0.00400000
   0.00367900
   0.00360000
   0.00325150
   0.00300900
   0.00266300
   0.00234500
   0.00220900
   0.00200000
   0.00200000
   0.00193300
   0.00186100
   0.00158400
   0.00101600
   0.00099700
   0.00050000

There was a single donator harshly exceeding the 10% of total rule through a total of 202 BTC transferred to Krypto Fin ry. This person took initiative in contacting us, thus it was agreed to adjust his total donation amount to match the second highest donator's 29.999 BTC.

In addition to refunding the extra for the largest donator, two small transfers that came in after the deadline were not accepted.

Great work! Waiting for rocket up!
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July 01, 2014, 03:22:18 AM
 #183

Great post and great transparency.  Very professional to reject invalid donations.  Well done!  FIMK is off to a great start.

Yeah, and it isn't easy to get over 500BTC donations, before coin is even released.
That's why I think this will be huge.

there is definitely something major behind it.

Agreed.  Definitely has a chance to be big.

Block rewards, and wider distribution could give NXT a run for its money (and yes, I have some money in NXT and FIMK).

Very interested to see how strong the FIMK network will be.  EVERYBODY with FIMK should be forging for chance at those big block rewards.

yeah with 500btc as funds for development and pr, this should be huge.  Wink
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July 01, 2014, 03:25:45 AM
 #184

@DEV, If we use DGEX to invest, how can we claim our coins, DGEX will do it for us automatically, correct?

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July 01, 2014, 03:33:09 AM
 #185

Coin launch time

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July 01, 2014, 08:46:38 AM
 #186

Launch will be late tonight GMT time, lots of things to do still for genesis block and we need the DGEX stakeholder information sorted out to grant their stake to genuine FIMK accounts.

         
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   ████      ████      ████████████    ████         ████        ████
        
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              ██      ██████  ██████    ██████   ██████  ██████
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July 01, 2014, 10:24:20 AM
 #187

Launch will be late tonight GMT time, lots of things to do still for genesis block and we need the DGEX stakeholder information sorted out to grant their stake to genuine FIMK accounts.

AFAIK Dgex has not collected any information so far for actual donators' FIMK accounts for distribution. I don't even have FIMK-wallet address yet. Only donated via my dgex-account.

BTC 1Mye3mqB9WQdCj3uFwx6zcRArnzbUiq6Ro  ★ [NXT] NXT-RA49-RXFR-V6WE-97HT9
★ [ORA] LOGO  ★ [NEM] LOGO  ★ [NXT] MONOLITH  ★ [EXO] LOGO  ★ [FIMK] LOGO  ★ [NODE] LOGO
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July 01, 2014, 12:04:04 PM
 #188

Launch will be late tonight GMT time, lots of things to do still for genesis block and we need the DGEX stakeholder information sorted out to grant their stake to genuine FIMK accounts.

Why not have the coins distributed to the DGEX FIMK account balances instead? And dgex users can then either withdraw, hodl or trade their coins?

Cheers

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July 01, 2014, 05:28:47 PM
 #189

Launch will be late tonight GMT time, lots of things to do still for genesis block and we need the DGEX stakeholder information sorted out to grant their stake to genuine FIMK accounts.

Why not have the coins distributed to the DGEX FIMK account balances instead? And dgex users can then either withdraw, hodl or trade their coins?

Cheers

+1
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July 01, 2014, 05:44:50 PM
 #190

While that could technically 'work', I agree with approach to distribute genesis all to individual donators accounts.
A genesis distribution to a single DGEX account would be 57% of total IPO stake.  Looks very bad, and would need a constant explanation why genesis distribution so skewed.
Better to let FIMK organizers do as they plan.

Exactly my words! FIMK doesn't want to tie up too tightly with DGEX after launch.

Being in contact with the head dev now constantly, the final stakes list is ready and he has initated the processes for launch. They take hours - our network and initial automation systems are much more extensive (call it professional if you prefer) than NXT was and it really feels like a countdown to launching a rocket to the moon... or giving birth to something significant. I now might have a taste of the particular psychological pressure mothers have to endure going through a long labor process. Shocked Fortunately the physical side is not nearly as severe.

         
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July 01, 2014, 05:57:40 PM
 #191

So when & how will DGEX be getting our (the investors) individual account numbers to you? I haven't found anywhere in my account to upload or submit my account number to receive the stake I paid into DGEX?

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July 01, 2014, 06:17:30 PM
 #192

Why not have the coins distributed to the DGEX FIMK account balances instead? And dgex users can then either withdraw, hodl or trade their coins?

While that could technically 'work', I agree with approach to distribute genesis all to individual donators accounts.

A genesis distribution to a single DGEX account would be 57% of total IPO stake.  Looks very bad, and would need a constant explanation why genesis distribution so skewed.

Better to let FIMK organizers do as they plan.

That's the way escrow works. FIMK should be sent to dgex, dgex then sends bitcoin to devs and FIMK to each investors FIMK balance on dgex. Otherwise, dgex would have to verify FIMK went to each investor before releasing btc. That could be a nightmare for them.

The explanation is simple, it was an escrow agent.
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July 01, 2014, 06:26:36 PM
 #193

Why not have the coins distributed to the DGEX FIMK account balances instead? And dgex users can then either withdraw, hodl or trade their coins?

While that could technically 'work', I agree with approach to distribute genesis all to individual donators accounts.

A genesis distribution to a single DGEX account would be 57% of total IPO stake.  Looks very bad, and would need a constant explanation why genesis distribution so skewed.

Better to let FIMK organizers do as they plan.

That's the way escrow works. FIMK should be sent to dgex, dgex then sends bitcoin to devs and FIMK to each investors FIMK balance on dgex. Otherwise, dgex would have to verify FIMK went to each investor before releasing btc. That could be a nightmare for them.

The explanation is simple, it was an escrow agent.
agreed

otherwise there was no point using dgex as an escrow if we cant receive our coins there as we (through dgex) did not get any form of tx code or any way to differentiate our transactions. the only way i can see it working is the fimk have to be sent to dgex for the fimk investors. it is then down to the stake holders to dump/sell or withdraw to a wallet and hold
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July 01, 2014, 06:35:12 PM
 #194

DGEX gives each donator a unique FIMK address, and this list has been forwarded to our distribution phase. Thus every DGEX accountholder gets a real FIMK account with their stake on it, and DGEX is able to verify that the FIMK genesis account distribution matches their FIMK address list and amounts created by DGEX tech.

When that verification is done, FIMK should be paid the donated BTC (minus DGEX fee). At that phase DGEX is relieved from the escrow contract and can accept FIMK deposits if they want, but no FIMK remains at DGEX initially.

         
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Eliphaz Fimk (OP)
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July 01, 2014, 07:01:49 PM
 #195

Have you ensured that DGEX will not have a withdrawal fee for the IPO participants?   Undecided

...for a few days at least...
There is no withdrawal from DGEX. The FIMK are on a FIMK account that DGEX grants the donator access to, for free.

I encourage anybody who escrowed with DGEX to transfer FIMK from the DGEX-created account to a new account using secure passphrase that only you know.
We encourage that also and so does DGEX.

This arrangement enables FIMK and DGEX conclude the distribution quickly, whereas requiring every DGEX donator to supply FIMK address would have probably dragged on long. It was already a lot of work to settle and arrange just half a dozen missing blockchain.info donator details a temporary FIMK account for the genesis distribution, until they come up to identify.

         
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PilotofBTC
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July 01, 2014, 07:12:41 PM
 #196

Have you ensured that DGEX will not have a withdrawal fee for the IPO participants?   Undecided

...for a few days at least...
There is no withdrawal from DGEX. The FIMK are on a FIMK account that DGEX grants the donator access to, for free.

I encourage anybody who escrowed with DGEX to transfer FIMK from the DGEX-created account to a new account using secure passphrase that only you know.
We encourage that also and so does DGEX.

This arrangement enables FIMK and DGEX conclude the distribution quickly, whereas requiring every DGEX donator to supply FIMK address would have probably dragged on long. It was already a lot of work to settle and arrange just half a dozen missing blockchain.info donator details a temporary FIMK account for the genesis distribution, until they come up to identify.

When I made my investment the dgex info said that the FIMK would be added to my FIMK balance on the gdex exchange. That is how they will create an ID for me. The same way they do if I was depositing FIMK into my account. So essentially the FIMK will be deposited to the dgex investors balance on the dgex exchange. So, your "FIMK" account provided by dgex will be your dgex account. I can't see them doing it any other way.
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July 01, 2014, 07:14:34 PM
 #197

I encourage anybody who escrowed with DGEX to transfer FIMK from the DGEX-created account to a new account using secure passphrase that only you know.
We encourage that also and so does DGEX.

This arrangement enables FIMK and DGEX conclude the distribution quickly, whereas requiring every DGEX donator to supply FIMK address would have probably dragged on long. It was already a lot of work to settle and arrange just half a dozen missing blockchain.info donator details a temporary FIMK account for the genesis distribution, until they come up to identify.

Great!  Thank you for handling all the details so nicely.

An FYI for anybody new to the technology of NXT (and therefore FIMK):

Your passphrase is your account.  Make it very strong.

Either use a passphrase generated by the client, or create your own by using at least 35 truly random characters.


+1
security is imperative.
so for all newcomers stay away from your usual passwords and please make sure you have a backup of your passphrase stored off of your computer.
think of it like this. your passphrase is like your physical fiat wallet if its rammed full of money and you lose it your screwed!
mellorbo
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July 01, 2014, 07:20:32 PM
 #198

will the fimk wallet be like nxt wallet where with a NEW wallet you have to send a transaction out of the account in order for maximum security?
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July 01, 2014, 07:43:38 PM
 #199

how will dgex investors be notified upon distribution?
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July 01, 2014, 08:27:03 PM
 #200

Auroracoin's price has risen much because of FIMK today.
 Cheesy
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