flankliu
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July 01, 2014, 04:53:10 AM |
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Looks so like NXT...... A NXT clone,and has an unfair distribution. Not optimistic about this coin's future.
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rieneuf
Member
Offline
Activity: 68
Merit: 10
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July 01, 2014, 05:01:14 AM |
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New source... No use of nxt source code? Are you sure?
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crypti (OP)
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July 01, 2014, 05:05:33 AM |
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Looks so like NXT...... A NXT clone,and has an unfair distribution. Not optimistic about this coin's future.
Written in Node.js, another PoS algorithm. But i have looked at Nxt source, it helped me a lot.
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Access
Member
Offline
Activity: 61
Merit: 10
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July 01, 2014, 05:56:29 AM |
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pre-sale delayed ?
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prix
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July 01, 2014, 06:29:34 AM |
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- Do you think that a 0.5% transaction fee would be better? Or would everyone be more in favor of a set transaction fee, such as 1 Crypti per X amount sent?
- If you did want us to institute a cap on the IPO, what kind of cap? Total BTC raised? Amount per person?
- If we were to institute vesting for the 15% developer payments, would this help? What kind of mechanism would be best? Embedding in block chain or escrow?
1. I don't like 1% fee. I'm used to that can send coins between addresses without thinking about the cost of the transaction (in at least between my own addresses or to / from exchange). Maybe a good option would be to limit the % at top and bottom? For example fee is 1%, but not less than 1 Crypti and not more than 100 Crypti (if I want to send 1 crypti - I pay 1 (min) fee, 500 = 5 (1%) fee, 50000 = 100 (max) fee). 2. The presence of an total cap could affect my decision when to invest - at the beginning or the end of period. Perhaps you should define the total cap... 500-1000 BTC. So calmly. But not critical. 3. The main - desire to develop your product, if it is not - it does not matter how you get your money. So I don't care about this options. If you want to hear the opinion of the majority, it is better to create a poll and not rely on the most active positions in this thread or solve everything themselves.
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YNWA2806
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July 01, 2014, 06:40:16 AM Last edit: July 01, 2014, 06:59:18 AM by YNWA2806 |
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Grexx and Devs thanks for sharing your thoughts.
IMHO: 1. no cap is needed - its unenforceable and redundant. 2. vesting is a must! - an escrow mechanism will be the optimum 3. keep the fees as said before - floating numbers
All of you, to me, delaying the IPO was a big sign of mature and serious thinking. Developers could easily start the process and get dozens of BTC without publishing anything, And they chose not to.
while there are certainly a lot more work to be done, these guys are not afraid of hard work and keep improving, try to be more supportive.
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azhago
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July 01, 2014, 06:40:37 AM |
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15% for yourself ? Really ?
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xgold
Newbie
Offline
Activity: 57
Merit: 0
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July 01, 2014, 07:20:53 AM |
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Good luck with your coin! XGOLD
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wizzardTim
Legendary
Offline
Activity: 1708
Merit: 1000
Reality is stranger than fiction
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July 01, 2014, 07:52:01 AM |
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I would prefer a cap of 1-2BTC and entrance to accounts created before the OP
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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tobeaj2meraa
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July 01, 2014, 08:00:49 AM |
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I want to have an investigation, you will not join in this coin IPO when total IPO BTC amount exceeds the below: A. 300 BTC B. 500 BTC C. 1000 BTC D. 2000 BTC E. 3000 BTC F. 5000 BTC J. 10000BTC.
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hala
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July 01, 2014, 08:02:35 AM |
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I want to have an investigation, you will not join in this coin IPO when total IPO BTC amount exceeds the below: A. 300 BTC B. 500 BTC C. 1000 BTC D. 2000 BTC E. 3000 BTC F. 5000 BTC J. 10000BTC.
my god, 1000 BTC please kill me . if the cap is 1000 BTC , i will invest 0.001 BTC
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iGoodw1n
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July 01, 2014, 08:19:18 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
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crypti (OP)
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July 01, 2014, 08:25:20 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month).
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iGoodw1n
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July 01, 2014, 08:31:30 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month). I think if you will raise 500 btc in IPO, 5-7% will be enough for dev team. 400 btc is great amount for future development.
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iGoodw1n
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July 01, 2014, 08:33:02 AM |
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I want to have an investigation, you will not join in this coin IPO when total IPO BTC amount exceeds the below: A. 300 BTC B. 500 BTC C. 1000 BTC D. 2000 BTC E. 3000 BTC F. 5000 BTC J. 10000BTC.
I will only invest if IPO would be 20000 BTC.
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iGoodw1n
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July 01, 2014, 08:36:55 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month). This is why I like this project and engage more guys into this IPO, if they raise more BTC in IPO phase, they will have enough money to hire guys to do more development,marking, implement more features, I know some rich men in my QQ groups who are not good at English, I will let them know this coin, I think they are very interesting in IPO. Let broadcast this coin information in QQ groups, forums to let more guys join in the IPO, some Chinese are NOT good at English.But only in reasonable amount. 300-500 is awesome, but 1000-infinite is awful for investors profit.
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crypti (OP)
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July 01, 2014, 08:39:11 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month). This is why I like this project and engage more guys into this IPO, if they raise more BTC in IPO phase, they will have enough money to hire guys to do more development,marking, implement more features, I know some rich men in my QQ groups who are not good at English, I will let them know this coin, I think they are very interesting in IPO. Let broadcast this coin information in QQ groups, forums to let more guys join in the IPO, some Chinese are NOT good at English.But only in reasonable amount. 300-500 is awesome, but 1000-infinite is awful for investors profit. 300-500 really awesome And i agree, 1000-infinite is awful for investors profit.
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lubing7683
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July 01, 2014, 08:41:47 AM |
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have pre-sale already begun?
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tobeaj2mer01
Legendary
Offline
Activity: 1098
Merit: 1000
Angel investor.
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July 01, 2014, 08:44:44 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month). I think if you will raise 500 btc in IPO, 5-7% will be enough for dev team. 400 btc is great amount for future development. I think they will raise 1000 BTC at least, so many guys show interest in this coin, and a guy named "loveyouforver" is broadcasting this coin information every where.
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Sirx: SQyHJdSRPk5WyvQ5rJpwDUHrLVSvK2ffFa
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ShareTick
Newbie
Offline
Activity: 28
Merit: 0
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July 01, 2014, 08:44:55 AM |
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For example IPO will collect 500BTC. Devs want money for their previous work, ok 100btc. They want money for current work, ok another 100btc. 300btc will be held for future development (who will control this fund?). I dont understand if they want that every work they will do will be paid, why they want to get such big percent of coins in their hands. It is kind like I (group of investors) hire someone and he will make some product for me. But they will get 15% of coins ( 100 btc at IPO price) more. So they want money for product and want to have this product.
1. We will not get btc for previous work. 2. All btc for future development. 3. Btc will be store on our btc account, all payments will be described (reports every month). This is why I like this project and engage more guys into this IPO, if they raise more BTC in IPO phase, they will have enough money to hire guys to do more development,marking, implement more features, I know some rich men in my QQ groups who are not good at English, I will let them know this coin, I think they are very interesting in IPO. Let broadcast this coin information in QQ groups, forums to let more guys join in the IPO, some Chinese are NOT good at English.But only in reasonable amount. 300-500 is awesome, but 1000-infinite is awful for investors profit. 300-500 really awesome And i agree, 1000-infinite is awful for investors profit. It is too hot .. I think maybe more than 1000 BTC.. If you don't limit. example:FIMK People Does not care about the cost Because many people lost chance about NXT Hope Crypti Not be the next CHA..
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