[XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS

[Litoshi]

Let me explain to you guys, and gals, how the marketing/publishing game works.

Publications, web based, newspapers, or magazines, are in business to make a profit.

Every business model needs a product and a customer. You would think that the product is the magazine, and the customer is the public, but that is not correct.  The product is the public/reader/subscriber, and the customer is the advertiser.  Same business model exists for TV and radio.  YOU, the viewer, are the product being sold to the advertiser.

Publishers are not there to "inform the public", but that is what they have you believe.  In order to make a profit, they need advertisers, and subscribers/viewers.  They attract subscribers/viewers/readers by publishing what their readership demographic wants to view (porn, news articles, videos, articles on specific subjects, etc).

Since the money in this business model comes mainly from the advertisers, the publishers cater 90% to the advertisers and 10% to the readers.  Check any magazine in the rack at the book store, and you will see that the subject of the articles is the same as the ads.  The way to get positive articles and fluff pieces written about your business is to buy advertisements.  No publisher would dare to write a positive article about a competitor to their advertisers, who is not buying ad space.  That is the best way to lose an advertiser.

Ethereum, for example, likely is spending $20,000+ a week in fees to a PR firm and another $20,000+ in advertisements.  The PR firm keeps their name in the news.  They do this by buying ad space, pre-writing the articles and sending them to the publisher, sending gifts to the publisher (IPad, sport tickets, concert tickets) and establishing personal relationships.  

That is how you burn through $18 million in a year and have less to show for it than Crypti has produced with about $150,000.  

We dont have the funds to hire a PR firm.  We are concentrating on a quality product that is ahead of the curve.  

[50cent_rapper]

http://www.forexminute.com/bitcoin/meet-the-next-generation-cryptocurrency-crypti-blockchain-2-0-tech-62349
In da news 

[Passion_ltc]

http://www.forexminute.com/bitcoin/meet-the-next-generation-cryptocurrency-crypti-blockchain-2-0-tech-62349
In da news 

Very nice, was it your work? (Give me your XCR name and I will send you a small gift.)


Everyone, retweet please.
https://twitter.com/cryptiteam/status/637203669608452096

[SISAR]

Thanks for status report.

Will marketing work start of with official 0.5.0 release ?

The big parts yes. We do marketing already now. We have about 2 meetings a week with some journalists, but it didn't lead to anything yet. We don't have the funds to pay CoinDesk $3000 or CoinTelegraph $2200. (These are offers they made us for ads and campaigns)

We currently inform ourselves about target ads on twitter, reddit and facebook.

50ct, please join our slack channel. I really want to talk with you about marketing, I'm really sure that you can help us tremendously here.

There should be funds for Marketing, once price increases the foundation may sell some of the coins to have more budget. If there are no funds for marketing Crypti might be in for a rough ride, innovation alone can get us somewhere but if people dont know what is being done then what's the point? It has been said throughout this forum that marketing will begin with a finish product. IMO, marketing should begin before the product is released as to build anticipation towards the product. That's just my two satoshis anyways.

The market is too thin for selling XCR to raise money that way.  BUYS available on Polo are 2.6 BTC.  That would drop the price to the 800s.  Even selling to every single BUY order, would get us 6 BTC and a 1 satoshi price.

Dumping to buy orders is still the only right way. Developers even take some profit (as far as I can recall they bought many coins under 800 Satoshi), buyers get some coins and market starts to move a bit. Way better deal than no trades until someone ends up lured into filling sell orders. By now, developers could create a trading bot and make it generate at least some trade volume constantly, looking at lack of XCR trading with sellers' insisting on higher than IPO price makes me not invest any more money into this coin.

[Passion_ltc]

Thanks for status report.

Will marketing work start of with official 0.5.0 release ?

The big parts yes. We do marketing already now. We have about 2 meetings a week with some journalists, but it didn't lead to anything yet. We don't have the funds to pay CoinDesk $3000 or CoinTelegraph $2200. (These are offers they made us for ads and campaigns)

We currently inform ourselves about target ads on twitter, reddit and facebook.

50ct, please join our slack channel. I really want to talk with you about marketing, I'm really sure that you can help us tremendously here.

There should be funds for Marketing, once price increases the foundation may sell some of the coins to have more budget. If there are no funds for marketing Crypti might be in for a rough ride, innovation alone can get us somewhere but if people dont know what is being done then what's the point? It has been said throughout this forum that marketing will begin with a finish product. IMO, marketing should begin before the product is released as to build anticipation towards the product. That's just my two satoshis anyways.

The market is too thin for selling XCR to raise money that way.  BUYS available on Polo are 2.6 BTC.  That would drop the price to the 800s.  Even selling to every single BUY order, would get us 6 BTC and a 1 satoshi price.

Dumping to buy orders is still the only right way. Developers even take some profit (as far as I can recall they bought many coins under 800 Satoshi), buyers get some coins and market starts to move a bit. Way better deal than no trades until someone ends up lured into filling sell orders. By now, developers could create a trading bot and make it generate at least some trade volume constantly, looking at lack of XCR trading with sellers' insisting on higher than IPO price makes me not invest any more money into this coin.

Looking at 0.2% fees at buyer and seller site means, that you need over 1BTC to maintain 10BTC volumen per day for a month. I think the money is better spent for dapps, marketing or development.

Volumen will come when people need XCR and they will need it for dapps.

There is absolutely no reason to dump 1% of all XCR for 8BTC.

[SISAR]

There is no need for 10 BTC daily trade volume but constant (at least once per hour) trades. Unless traders see constant trading they will not be investing into XCR, that should be clear by now. At this moment, with hundreds of coins out there, you have to pay a lot for promotion or you have to play dirty or both, anything else won't give you satisfying results.

An idea that developers holding onto a shitload of XCR and not having money for promotion is better than them having money for promotion and less coins where those coins are then in hands of someone who might start promoting coin possibly big time because he loaded up nice amount for cheap is hilarious, you and developers are obviously a bad market makers and traders.

[Passion_ltc]

There is no need for 10 BTC daily trade volume but constant (at least once per hour) trades. Unless traders see constant trading they will not be investing into XCR, that should be clear by now. At this moment, with hundreds of coins out there, you either pay a lot for promotion or you play dirty, anything else won't give you satisfying results.

An idea that developers holding onto a shitload of XCR and not having money for promotion is better than having money for promotion and less coins where those coins are then in hands of someone who might start promoting coin possibly big time because he loaded up nice amount for cheap is hilarious, you and developers are obviously a bad market makers and traders.

Do you read what I wrote?

1) We have funds for marketing and promotion, but not $2200 for CoinTelegraph or $3000 for CoinDesk.

2) If we dump XCR at 800 sats like you suggest we:

- Have to dump 1.2% of ALL XCR there are to get on CT
- Have to dump another 1.6% of ALL XCR there are to get on CD
- Have to dump between 0.03% and 0.27% for every press release we do

That means after 1 month on CT and CD we would lose 37.4% of all foundation XCR. Let it make another month there and a few PRs and the foundation would have 0XCR.

With every XCR less the team would have less incentive to continue.

3) We have to think in months here. We are building consistently, no pump&dump like you suggest. We get covered and promote more and more. It's an accumulation process. You don't build abrand over night with pump and money, you build it over a long time with releases, customer support and consistent news.

4) XCR which were bought by team members in private have nothing to do with the foundation. They are regular investors. For example I buy small sums since the beginning. With every new XCR my incentive to promote Crypti grows, but it's not obligatory for me to dump those XCR to promote Crypti, so the XCR, I then don't have anymore (but you have), are more valuable.





However, we are open to any idea. We will discuss the trading volume within the team at tomorrows board meeting. If you have cost efficient ideas, say them please. Thank you.

[SISAR]

You obviously think that someone with a lot of money will go full retard and fill all your sell orders up to 1 XCR = 1 BTC and only then he will start promoting XCR, well not really. The whole cryptoscene is struggling and will continue struggling (and very likely never take off) because of one and only one reason and it is extremely greedy holders of most coins, regardless of what coin we speak of. Distribution of coins at whole cryptospace is horrible, much worse than distribution of wealth we have now in real world and it is so because a dozen of morons want to become billionaires overnight if possible. That won't work. The World but more importantly powers rulling it won't accept that. So the only real way is what Satoshi envisioned long ago and that is to spread coins to as many people as possible then laugh at top 1% when they end up owned by majority not giving a shit about top 1% wishes or demands. If all people on planet start using XCR what a rullers can really do, send everyone to prison or kill them, shut down Internet or mobile networks? Problem here is that morons don't understand any of it and laugh at Laszo buying 2 pizzas for 10k BTC five years ago, such a stupid guy, right?

Wisdom to the wise. Not many such people around here anymore, unfortunately.

With every XCR less the team would have less incentive to continue.

That's it, a mindless, short-term gains fucking idiots who turned this beautiful idea of cryptocoins into a job. Fuck you!

[Passion_ltc]

You obviously think that someone with a lot of money will go full retard and fill all your sell orders up to 1 XCR = 1 BTC and only then he will start promoting XCR, well not really. The whole cryptoscene is struggling and will continue struggling (and very likely never take off) because of one and only one reason and it is extremely greedy holders of most coins, regardless of what coin we speak of. Distribution of coins at whole cryptospace is horrible, much worse than distribution of wealth we have now in real world and it is so because a dozen of morons want to become billionaires overnight if possible. That won't work. The World but more importantly powers rulling it won't accept that. So the only real way is what Satoshi envisioned long ago and that is to spread coins to as many people as possible then laugh at top 1% when they end up owned by majority not giving a shit about top 1% wishes or demands. If all people on planet start using XCR what a rullers can really do, send everyone to prison or kill them, shut down Internet or mobile networks? Problem here is that morons don't understand any of it and laugh at Laszo buying 2 pizzas for 10k BTC five years ago, such a stupid guy, right?

Wisdom to the wise. Not many such people around here anymore, unfortunately.

Being a long time with Nxt I certainly know that distribution is very important. However, if this results in crashing the price, have 0 benefits, lose money long-term, let the whole project fail (...) than this is utterly nonsense.

[SISAR]

You obviously think that someone with a lot of money will go full retard and fill all your sell orders up to 1 XCR = 1 BTC and only then he will start promoting XCR, well not really. The whole cryptoscene is struggling and will continue struggling (and very likely never take off) because of one and only one reason and it is extremely greedy holders of most coins, regardless of what coin we speak of. Distribution of coins at whole cryptospace is horrible, much worse than distribution of wealth we have now in real world and it is so because a dozen of morons want to become billionaires overnight if possible. That won't work. The World but more importantly powers rulling it won't accept that. So the only real way is what Satoshi envisioned long ago and that is to spread coins to as many people as possible then laugh at top 1% when they end up owned by majority not giving a shit about top 1% wishes or demands. If all people on planet start using XCR what a rullers can really do, send everyone to prison or kill them, shut down Internet or mobile networks? Problem here is that morons don't understand any of it and laugh at Laszo buying 2 pizzas for 10k BTC five years ago, such a stupid guy, right?

Wisdom to the wise. Not many such people around here anymore, unfortunately.

Being a long time with Nxt I certainly know that distribution is very important. However, if this results in crashing the price, have 0 benefits, lose money long-term, let the whole project fail (...) than this is utterly nonsense.

You have no other interests here but to eventualy become very rich and then rule if possible everyone else with stupidity of epic proportions. Exactly the deal that makes current rulers look like saints and exactly the reason why it won't ever happen.

[Passion_ltc]

You obviously think that someone with a lot of money will go full retard and fill all your sell orders up to 1 XCR = 1 BTC and only then he will start promoting XCR, well not really. The whole cryptoscene is struggling and will continue struggling (and very likely never take off) because of one and only one reason and it is extremely greedy holders of most coins, regardless of what coin we speak of. Distribution of coins at whole cryptospace is horrible, much worse than distribution of wealth we have now in real world and it is so because a dozen of morons want to become billionaires overnight if possible. That won't work. The World but more importantly powers rulling it won't accept that. So the only real way is what Satoshi envisioned long ago and that is to spread coins to as many people as possible then laugh at top 1% when they end up owned by majority not giving a shit about top 1% wishes or demands. If all people on planet start using XCR what a rullers can really do, send everyone to prison or kill them, shut down Internet or mobile networks? Problem here is that morons don't understand any of it and laugh at Laszo buying 2 pizzas for 10k BTC five years ago, such a stupid guy, right?

Wisdom to the wise. Not many such people around here anymore, unfortunately.

Being a long time with Nxt I certainly know that distribution is very important. However, if this results in crashing the price, have 0 benefits, lose money long-term, let the whole project fail (...) than this is utterly nonsense.

You have no other interests here but to eventualy become very rich and then rule if possible everyone else with stupidity of epic proportions. Exactly the deal that makes current rulers look like saints and exactly why it won't ever happen.

My interest is to let Crypti and the foundation live as long as possible. Trust me, the whole foundation puts thousands of hours into Crypti. It's not only financially anymore, it's passion and will. We all want that this project is a success, we want it so much. Because it's our 'baby' how I often call it.

[GreXX]

Hey guys! I noticed someone asking about me the other day. I have a lot going on and don't check the thread now that Max has everything under control over here. You can always find me hanging out on slack though. I spend most of my time in the private channels, but I check the public channel every time it lights up! I'm MatthewDC on our slack chat so feel free to tag me in a message if you want to talk or have questions for me.

[50cent_rapper]

I got from here https://www.behance.net/gallery/28773445/Crypti-UI-UX-Design
that you gonna make a Contacts dapp, but only with personal contacts. I think it will be a good idea to add a
"corporate accaunts" as well, so I can send encrypted message to "Crypti Foundation" (or to Kordec Dapp Studio) account and every member of it can read it.

It also must be possibale to create a supersecure altcoin exchange here (inside wallet), cause access to private keys of altcoin wallets (that will will be all stored on custom user's keys chain) may be only available via crypti SUPER private key (known and attached to particular user). That means that there will be no one central BTC key to exchange funds (remember bter hack?), but each user will have it's own BTC key on their custom chain containing keys. So it will be impossibale to steal ALL the money from exchange, only hack one particular user's account at a time. It's also mean that there will be no "cold storage" and all payouts will be processed faster.

It looks obvious to use blockchain technology on altcoin exchange. And, by the way, the fees from trading will create income for foundation and future crypti development.

[Vagnavs]

I got from here https://www.behance.net/gallery/28773445/Crypti-UI-UX-Design
that you gonna make a Contacts dapp, but only with personal contacts. I think it will be a good idea to add a
"corporate accaunts" as well, so I can send encrypted message to "Crypti Foundation" (or to Kordec Dapp Studio) account and every member of it can read it.

It also must be possibale to create a supersecure altcoin exchange here (inside wallet), cause access to private keys of altcoin wallets (that will will be all stored on custom user's keys chain) may be only available via crypti SUPER private key (known and attached to particular user). That means that there will be no one central BTC key to exchange funds (remember bter hack?), but each user will have it's own BTC key on their custom chain containing keys. So it will be impossibale to steal ALL the money from exchange, only hack one particular user's account at a time. It's also mean that there will be no "cold storage" and all payouts will be processed faster.

It looks obvious to use blockchain technology on altcoin exchange. And, by the way, the fees from trading will create income for foundation and future crypti development.

Nice, looks like a good PR and well-designed at the same time

[Passion_ltc]

I got from here https://www.behance.net/gallery/28773445/Crypti-UI-UX-Design
that you gonna make a Contacts dapp, but only with personal contacts. I think it will be a good idea to add a
"corporate accaunts" as well, so I can send encrypted message to "Crypti Foundation" (or to Kordec Dapp Studio) account and every member of it can read it.

It also must be possibale to create a supersecure altcoin exchange here (inside wallet), cause access to private keys of altcoin wallets (that will will be all stored on custom user's keys chain) may be only available via crypti SUPER private key (known and attached to particular user). That means that there will be no one central BTC key to exchange funds (remember bter hack?), but each user will have it's own BTC key on their custom chain containing keys. So it will be impossibale to steal ALL the money from exchange, only hack one particular user's account at a time. It's also mean that there will be no "cold storage" and all payouts will be processed faster.

It looks obvious to use blockchain technology on altcoin exchange. And, by the way, the fees from trading will create income for foundation and future crypti development.

Nice, looks like a good PR and well-designed at the same time

Corporate Accounts:

There will be corporate accounts, we have multi signature with up to 16 parties. That means there will be one top account, which I often refer to as the "king". Then 15 sub-ordinates which are coupled to it.

With this XCR funds-access can be split between founders, foundations or team members.


Messaging:

We planned to release messages for Crypti as a dapp, yes. Right now it's not on our focus, as it won't be a very popular dapp. At Nxt for example only a few people use the messaging. We hope for more used dapps.

Therefore if someone from the community wants to do the message dapp, we would be open for it. We would provide him with the .psd file our designer made and would also answer him any question regarding dapps. We already have very much code ready for this, but our focus is on the platform itself for now.


Exchange:

YES! We are discussing this since a few days right now. Would be something along the lines to have open orders in escrow and once they are filled the escrow is cleared.



However our main focus is really on the platform for now. It's much work, every little detail need to be taken care of. And we are a small team. We are also looking for monetisation options right now. So we depend on some devs from the community (new ones will come, ones we launch. We will make sure of that. ).

[50cent_rapper]

New repost: http://www.onlineprnews.com/news/621224-1440866875-crypti-foundation-unveils-preview-of-decentralized-application-dapp-platform.html

I just google it via past 24 hours search 

[Passion_ltc]

New repost: http://www.onlineprnews.com/news/621224-1440866875-crypti-foundation-unveils-preview-of-decentralized-application-dapp-platform.html

I just google it via past 24 hours search  

Yes, we put this one online (additionally to coindesk). A queue of PR build up, there are 2 more we want to push out. But we have to wait 1 week, else it looks spammy.

[souljah1h]

First post images are not working

[Passion_ltc]

First post images are not working

I'll fix it tomorrow. Thank you.

[Vagnavs]

New repost: http://www.onlineprnews.com/news/621224-1440866875-crypti-foundation-unveils-preview-of-decentralized-application-dapp-platform.html

I just google it via past 24 hours search  

Yes, we put this one online (additionally to coindesk). A queue of PR build up, there are 2 more we want to push out. But we have to wait 1 week, else it looks spammy.

Good to see things are coming along.