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

[DLow]

Anybody remember the Edgecoin IPO? Yeah..

[1715112771]

1715112771

[1715112771]

1715112771

[1715112771]

1715112771

[1715112771]

1715112771

[open82buy]

Let's think about psychological effects. Right now I have a chance to buy into this IPO but if I don't and the price sky rockets on the exchange later, I'm going to think "missed that one" and move on.

Put it this way, if the price goes down and you loose, you will kick yourself, but if the price rockets and you did not buy, you will kick yourself even harder.

[Momimaus]

Hi all,

News

OP post updated, a lot of news there. Vesting, news of IPO and Dgex.
For more info - read please.

Ticker vote

Vote of our ticker:
https://bitcointalk.org/index.php?topic=679779.0

We need your help! Let's choose it together!
 
Wallet/Development

We fixed bugs in wallet, it's already deployed, thanks community for responses and found issues. We continue work.

On the end of this week we will launch PoS for invited people.
If you want to be invited, please, send me your test (TEST, not your real) secretphrase, we will install node for you. Limit for first time: 30 peoples, then we will invite more.

So there is no cap on maximum investment, and no max per user?

So we have the next Swarm and maidsafe. No ROI for early investors, only huge risks. But we can dump them for 50% after launch.
OMG the next hated project. How can you do that?

[amanai99]

Hi all,

News

OP post updated, a lot of news there. Vesting, news of IPO and Dgex.
For more info - read please.

Ticker vote

Vote of our ticker:
https://bitcointalk.org/index.php?topic=679779.0

We need your help! Let's choose it together!
 
Wallet/Development

We fixed bugs in wallet, it's already deployed, thanks community for responses and found issues. We continue work.

On the end of this week we will launch PoS for invited people.
If you want to be invited, please, send me your test (TEST, not your real) secretphrase, we will install node for you. Limit for first time: 30 peoples, then we will invite more.

So there is no cap on maximum investment, and no max per user?

So we have the next Swarm and maidsafe. No ROI for early investors, only huge risks. But we can dump them for 50% after launch.
OMG the next hated project. How can you do that?

They use vesting and escrow only channel for IPO. That is more important and shows devs long-term plans which is more significant than satisfying greed of several "potential" investors. Think in long-term. Why people always think about fast money in short-term...
For smart ones vesting and escrow only channel for IPO, should show that it's all not about stealing someones money and disappearing. Don't be so greedy. Want benefits? Invest in first day of IPO and you will get 30% bonus.

[ownerbest]

Will the pre-sale start today?

[voldemort628]

regarding the ipo, i am a bit confused.
On one hand, the total supply has a limit of 100M units. On the other hand, I dont see any indication that there is a cap to the amount to be raised (i.e 30day period with 30% bonus on the first day and 0% bonus on the last). So cost per unit will increase as the amount raised increases right?
Or 500BTC is the limit?

[yourstruly]

A spec written in node for a currency is kinda hilarious and it is not open source? Never thought I'd see the day.

[tobeaj2meraa]

regarding the ipo, i am a bit confused.
On one hand, the total supply has a limit of 100M units. On the other hand, I dont see any indication that there is a cap to the amount to be raised (i.e 30day period with 30% bonus on the first day and 0% bonus on the last). So cost per unit will increase as the amount raised increases right?
Or 500BTC is the limit?

1. No CAP
2. DEV want to engage as many guys as possible to this IPO
3. IPO will last 30 days at least
4. Any potential users will join in the IPO

So my conclusion is when it's on exchange, price will be down quickly, just as SWARM,safecoin.

[coolmyrig]

 no cap on maximum investment, and no max per user

[SyRenity]

no cap on maximum investment, and no max per user

There is actually 10% max cap per buyer, although the OP misses this section for some reason.
I asked Crypti to update it.

[SyRenity]

1. No CAP
2. DEV want to engage as many guys as possible to this IPO
3. IPO will last 30 days at least
4. Any potential users will join in the IPO

So my conclusion is when it's on exchange, price will be down quickly, just as SWARM,safecoin.

The pre-sale will finish after 30 days, the post pre-sale potential dump with later recovery (FB example) was discussed several times.

[SyRenity]

A spec written in node for a currency is kinda hilarious and it is not open source? Never thought I'd see the day.

The source code will be released on a quarterly fashion.

[SyRenity]

Will the pre-sale start today?

We will announce soon, pending final launch confirmations from the escrow providers.

[SyRenity]

So there is no cap on maximum investment, and no max per user?

So we have the next Swarm and maidsafe. No ROI for early investors, only huge risks. But we can dump them for 50% after launch.
OMG the next hated project. How can you do that?

There is 10% max cap per user, this section is missing from the OP (seems as was missed on copy from our internal docs) and will be added shortly.


As per total cap, there is no comparing Crypti to these two projects, which have not presented a single line of code, while Crypti provides a public working version and is constantly being improved.

A side observation, there were dozens of big IPO's without any total cap limit (NXT, Qora, Exo, SIM to mention a few), and I've never seen any calls to devs to Cap the total amount.

[SyRenity]

Anybody remember the Edgecoin IPO? Yeah..

Have you see the running version on http://crypti.me:6040 ?

[Neo.op]

I have been following this thread for long. By the first IPO, I was happy with the detailed explanation from Grexx and SyRenity about initial distribution. Why the 15% or the 10% was required etc made sense. The final outlay about dev fund reflecting the amount of btc raised seemed good too. But then there was this:

https://bitcointalk.org/index.php?topic=654463.msg7602355#msg7602355

This was just before the initial distribution. While it was later corrected by SyRenity to reflect the OP; now we have ended up with the same distribution (up to 25% premine for the guys). Now, IMO this amounts to double speak and constant moving goalpost by the team. So I am outta here.

PS: for guys who actually want to invest, at BTC at 650, here's what the whole coin will be worth:
250 BTC = 812,500
300 BTC = 1.02 million
350 BTC = 1.26 million
400 BTC = 1.53 million
450 BTC = 1.83 million
500 BTC = 2.17 million

Now the question is - is the current beta worth that much money? Think and invest.

[dance]

no cap on maximum investment, and no max per user

There is actually 10% max cap per buyer, although the OP misses this section for some reason.
I asked Crypti to update it.

10% cap means that one not very smart guy could take 20-30-40% easily.

[lucky88888]

dude where do i send my bitcoins to?! i need to invest in ipo! seriously!
and i need to know how much is invested so far. transparency of the total investment would be good.

[wizzardTim]

Dgex will accept NXT or BTC for the IPO?

[crypti]

A spec written in node for a currency is kinda hilarious and it is not open source? Never thought I'd see the day.

Sources will be published every 3 months.