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

[shadowduck]

----------------------
1. deadline is fixed.
2. price is fixed in each stage.
    Here assume to encourage early adoption, buy in early stage will get a lower price.
    To be easy, 1M coins as a batch. every buyer must buy 1M *n coins, where n is a integer.
3. When coins are sold out OR deadline reached, presale is finished.
4. For the scenario that when deadline reached, there are still some coins left unsold, then they will be distributed evenly to every buyer.

1) The pre-sale end date is July 30th, 4 weeks after the start.
2) Price is fixed indeed, there is a linearly decreasing bonus to motivate early buyers.
3) and 4) Crypti's will be divided among all the buyers at the pre-sale end.

To help buyers see how much Crypti they will hold, there will be a public anonymous ledger, showing Crypti addresses and their holdings.

Is there amount limitation for each investor?

[shadowduck]

Interesting coin, but I can't get past that 1% transaction fee. Merchants may like getting 50% of those fees, but users will hate having to pay that much, and that seems like a deal-breaker to me. Who would actually use this coin for real-world purchases and transactions, when the transaction fees are nowhere near competitive with BTC and other cryptos?

Are there plans to reduce the fee if/when Crypti gains traction with lots of merchants and the incentive is no longer as effective?

totally agree!
Fixed amount of coins may be viable.
Of cause the amount can be ajusted in later phase when price changed too much.

[coinsolidation]

what innovations does this coin offer the common user, those people that need a digital currency?

[iGoodw1n]

For me, the biggest obstacle keeping me away from the presale is, that I don't know the percentage of total coins I will get when I buy with 1btc.

From the relative amount way you guys tell, I will get 1/total_btc_of_presale * 75%
but, when I spend the 1btc, I can never know the total_btc_of_presale unless I buy at the deadline.

So another problem comes, you guys can buy 10000btc at the deadline, and so every btc we ordinary buyer will decreased to 1/(total_btc_of_presale+10000) * 75%, and you hold 10000/(total_btc_of_presale+10000) * 75% in the shadow. And then..... all the 10000btc you spend can easily go back to your own pocket. Thus, you got more percentage than you claimed without any cost.

The rule I expect is:
----------------------
1. deadline is fixed.
2. price is fixed in each stage.
    Here I assume to encourage early adoption, buying in early stage will get a lower price.
    To be easy, 1M coins can be treated as a batch. So every buyer must buy 1M *n coins, where n is a integer.
3. When coins are sold out OR deadline reached, presale is finished.
4. For the scenario that when deadline reached, there are still some coins left unsold, they should be distributed proportionally to every buyer.

Would be better to have deadline not only in time but in btc too. For example max amount limited by 200 btc and so if all 200 btc will be collected in first 2 weeks, IPO should be closed. I agree that we need limit in btc for one person. 25 % for devs is so big. Devs will get btc for their previous work and for their future work they will get 15% of coins. After coin will be widely accepted it will be driven by community.

[belief]

seems good. waiting for distribution

[shadowduck]

For me, the biggest obstacle keeping me away from the presale is, that I don't know the percentage of total coins I will get when I buy with 1btc.

From the relative amount way you guys tell, I will get 1/total_btc_of_presale * 75%
but, when I spend the 1btc, I can never know the total_btc_of_presale unless I buy at the deadline.

So another problem comes, you guys can buy 10000btc at the deadline, and so every btc we ordinary buyer will decreased to 1/(total_btc_of_presale+10000) * 75%, and you hold 10000/(total_btc_of_presale+10000) * 75% in the shadow. And then..... all the 10000btc you spend can easily go back to your own pocket. Thus, you got more percentage than you claimed without any cost.

The rule I expect is:
----------------------
1. deadline is fixed.
2. price is fixed in each stage.
    Here I assume to encourage early adoption, buying in early stage will get a lower price.
    To be easy, 1M coins can be treated as a batch. So every buyer must buy 1M *n coins, where n is a integer.
3. When coins are sold out OR deadline reached, presale is finished.
4. For the scenario that when deadline reached, there are still some coins left unsold, they should be distributed proportionally to every buyer.

Would be better to have deadline not only in time but in btc too. For example max amount limited by 200 btc and so if all 200 btc will be collected in first 2 weeks, IPO should be closed. I agree that we need limit in btc for one person. 25 % for devs is so big. Devs will get btc for their previous work and for their future work they will get 15% of coins. After coin will be widely accepted it will be driven by community.

If price is fixed, then the expected btc amount is settle down, aka deadline in btc.

[eli_lyd1]

For me, the biggest obstacle keeping me away from the presale is, that I don't know the percentage of total coins I will get when I buy with 1btc.

From the relative amount way you guys tell, I will get 1/total_btc_of_presale * 75%
but, when I spend the 1btc, I can never know the total_btc_of_presale unless I buy at the deadline.

So another problem comes, you guys can buy 10000btc at the deadline, and so every btc we ordinary buyer will decreased to 1/(total_btc_of_presale+10000) * 75%, and you hold 10000/(total_btc_of_presale+10000) * 75% in the shadow. And then..... all the 10000btc you spend can easily go back to your own pocket. Thus, you got more percentage than you claimed without any cost.

The rule I expect is:
----------------------
1. deadline is fixed.
2. price is fixed in each stage.
    Here I assume to encourage early adoption, buying in early stage will get a lower price.
    To be easy, 1M coins can be treated as a batch. So every buyer must buy 1M *n coins, where n is a integer.
3. When coins are sold out OR deadline reached, presale is finished.
4. For the scenario that when deadline reached, there are still some coins left unsold, they should be distributed proportionally to every buyer.

Would be better to have deadline not only in time but in btc too. For example max amount limited by 200 btc and so if all 200 btc will be collected in first 2 weeks, IPO should be closed. I agree that we need limit in btc for one person. 25 % for devs is so big. Devs will get btc for their previous work and for their future work they will get 15% of coins. After coin will be widely accepted it will be driven by community.

No need to set cap, just do as the qora do.
No cap, no price fixed. That's better.
Many people are searching a justice way to ipo. But, there no absolutely fair.
Just do as the qora do, many people want a fair way just because they want to get more from the 'fair' way. Something seems 'fair' in front, but it's not.

[schnötzel]

Interested if Anon136 is the escrow

Anon no longer does escrows, we are talking with other known escrow providers.

??
Have a look in exo - thread

[jcarl987]

Interested if Anon136 is the escrow

Anon no longer does escrows, we are talking with other known escrow providers.

??
Have a look in exo - thread

This is a little alarming.

[belief]

pics  seem like PS

[lorryxiong]

Interesting, will keep an eye on it. Already left my email on http://crypti.me, pls inform me when the IPO starts.

[evoked22]

Very interesting! Will come back after reading the whitepaper

[Coinr88]

Interested if Anon136 is the escrow

Anon no longer does escrows, we are talking with other known escrow providers.

??
Have a look in exo - thread

This is a little alarming.

https://nxtforum.org/general-discussion/price-speculation/msg48342/#msg48342

[PilotofBTC]

It looks like Anon is restarting up his escrow service.

https://nxtforum.org/job-board/(escrow-service-offered)-anon136-escrow-back-in-business

[timmyd]

I hope do you decide to use anon as escrow. And i confirm he is offering his services again. I will be investing but only through a trustworthy escrow such as anon

[Etanllah]

I hope do you decide to use anon as escrow. And i confirm he is offering his services again. I will be investing but only through a trustworthy escrow such as anon

I'd also be in if using anon as escrow. He has a reputable escrow service.

[SyRenity]

It looks like Anon is restarting up his escrow service.
https://nxtforum.org/job-board/(escrow-service-offered)-anon136-escrow-back-in-business

Awesome news! I will ask him again.

[timmyd]

It looks like Anon is restarting up his escrow service.
https://nxtforum.org/job-board/(escrow-service-offered)-anon136-escrow-back-in-business

Awesome news! I will ask him again.

Nice one much respect.
Question.. how will the ipo stakes be distributed. will it be based on investment value or will you use an investment ladder (set investment sizes) ?

[SyRenity]

Interesting coin, but I can't get past that 1% transaction fee. Merchants may like getting 50% of those fees, but users will hate having to pay that much, and that seems like a deal-breaker to me. Who would actually use this coin for real-world purchases and transactions, when the transaction fees are nowhere near competitive with BTC and other cryptos?

Are there plans to reduce the fee if/when Crypti gains traction with lots of merchants and the incentive is no longer as effective?

We are aware of this concern, and discussing it internally in the team to reach a solution.

[SyRenity]

what innovations does this coin offer the common user, those people that need a digital currency?

Please see the opening post and the white-paper link in the bottom of it.