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

[Litoshi]

Any market balances risk with reward.  

A commodity that is relatively risk free will have a trading price close to its cost of production. Thus there will be very little change in the trading price of that commodity, unless the cost of production suddenly increases or the commodity suffers a sudden shortage, increased demand, or government intervention.

A commodity that carries a high risk, will have a trading price low enough to produce a high reward for the traders.  Thus, the commodity will trade for a low amount initially, and then as the prospect of high return approaches (increased value), the trading price will rise to reflect the lower risk.  

Right now, Crypti is still in the high risk area.  Thus the trading price really does not move much.  As the features are released, and the bugs fixed, the value and thus the trading price of XCR will increase.  

I think many have forgotten that XCR is for commerce, not trading on exchanges.  I am holding my XCR so some day soon, I can use them to make a purchase and brag that I bought a new car  for $40,000 USD using  10,000XCR that I purchased for only 880 satoshi each;  which is roughly a $50USD investment.

Now, wouldn't you like to buy a new car for $50?  

[GreXX]

I just want to say thank you for both the positive and negative comments. We want an active community and that means we expect and want both sides of the coin.

I don't deny that this is a setback and was a critical issue. We feel the same. I hope no one thinks we would be ok or want the network down for 3 days. Keep in mind our equity is in Crypti and my actual paycheck each month is in XCR. So I am more vested than anyone. If the value of XCR tanks, I have completely wasted 6 months of my life and countless hours.

We all feel this way. We are doing everything we can to get back to stable. We COULD keep rebooting all of the nodes and trying to patchwork the network in the meantime, but it doesn't fix the problem. So we decided to focus our efforts on solving the problem which is what we are doing now.

There are only really 2 unique systems in the crypto world. Proof of Work, that none of us really remember the early days or were around for them and Proof of Stake, which went through the same growing pains as we are now. I won't keep beating a dead horse but until we allowed everyone with different systems, different internet speeds, different setups to start running nodes and attaching to the network, we couldn't predict the results. Now we can and are adjusting as such.

Our testnet appears to be stable right now and is 1 min intervals like clockwork, no halts, no sync problems, and looks to be humming. We need to continue to scale with more nodes from different services and watch the forging to ensure it's working correctly and forging right.

We will keep you posted of the status.

[GreXX]

Three proof-of-stake algorithms but no stake holders.  How does that work?

That is too funny.

Well PoS isn't really a good explanation but it was the only term people would understand. Stake never even factors in aside from the 1000 XCR required to forge. So really it's not an accurate description.

[GreXX]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

[50cent_rapper]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

I vote for #43by 99"aries 

[GreXX]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

I vote for #43by 99"aries 

Yeah I hope people understand where we were going now. We don't dislike the Lunate Sigma, just felt like a more stylized and professional / exciting logo would be nice.

Although I do kind of have a thing for #52. Something about it is intriguing. Maybe it's just the thought of having our own giant windowed office building, lol.

[Wulfcastle]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

GreXX, to be honest, none of them really look that great. The fonts used in a lot of them are either too bland or simply unprofessional. #52, looks the most professional, but it's very bland and doesn't really relate to Crypti all that much. #47 by afterclouds, stands out more but the font used in it in't that grand.

[GreXX]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

GreXX, to be honest, none of them really look that great. The fonts used in a lot of them are either too bland or simply unprofessional. #52, looks the most professional, but it's very bland and doesn't really relate to Crypti all that much. #47 by afterclouds, stands out more but the font used in it in't that grand.

Well we are in the tailoring phase to help them improve the designs so we can pick a finalist. These are the kinds of things we can tweak now that we have ideas of the look.

[Litoshi]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

GreXX, to be honest, none of them really look that great. The fonts used in a lot of them are either too bland or simply unprofessional. #52, looks the most professional, but it's very bland and doesn't really relate to Crypti all that much. #47 by afterclouds, stands out more but the font used in it in't that grand.

Well we are in the tailoring phase to help them improve the designs so we can pick a finalist. These are the kinds of things we can tweak now that we have ideas of the look.

I cant vote becasue there is not a "NONE OF THE ABOVE" choice.  Can you add one?

[Wulfcastle]

Okay, as I mentioned earlier I didn't really like any of the new logo designs. I've adapted the current logo to create the one below, if you notice the "C" has been edited slightly to look less chunky. I've kept the Crypti font as I really like it and I've tried to keep the same color scheme as the current one. So just to show you guys what I mean, here it is :







#Take note I didn't have access to the actual font used in the current logo, I had to re-create it in Illustrator so that's why the fonts may look a bit jagged and rough. Also I just re-did this in about 10 minutes so the quality isn't all that good, when i have more time I'll redo it proper.

[GreXX]

Okay, as I mentioned earlier I didn't really like any of the new logo designs. I've adapted the current logo to create the one below, if you notice the "C" has been edited slightly to look less chunky. I've kept the Crypti font as I really like it and I've tried to keep the same color scheme as the current one. So just to show you guys what I mean, here it is :







#Take note I didn't have access to the actual font used in the current logo, I had to re-create it in Illustrator so that's why the fonts may look a bit jagged and rough. Also I just re-did this in about 10 minutes so the quality isn't all that good, when i have more time I'll redo it proper.

So you think #52 is "bland" but not our current logo or the one you just posted? What is your definition of bland?

[Wulfcastle]

Okay, as I mentioned earlier I didn't really like any of the new logo designs. I've adapted the current logo to create the one below, if you notice the "C" has been edited slightly to look less chunky. I've kept the Crypti font as I really like it and I've tried to keep the same color scheme as the current one. So just to show you guys what I mean, here it is :







#Take note I didn't have access to the actual font used in the current logo, I had to re-create it in Illustrator so that's why the fonts may look a bit jagged and rough. Also I just re-did this in about 10 minutes so the quality isn't all that good, when i have more time I'll redo it proper.

So you think #52 is "bland" but not our current logo or the one you just posted? What is your definition of bland?

I think Crypti's current logo, suits Crypti a lot better than #52.

#52 is what you call a generic design.  It doesn't relate to Crypti in any way, it has a font that is very similar to other widely used fonts, and the color's used in it are from a "general" color palette. What this all means is that #52 is a design that can be applied to any brand, wheter it be a food brand, bank, newspaper etc. It's not tailor-made for Crypti, I wouldn't be surprised if the designer who posted this design also uses it for another contest.

[hobogo]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

GreXX, to be honest, none of them really look that great. The fonts used in a lot of them are either too bland or simply unprofessional. #52, looks the most professional, but it's very bland and doesn't really relate to Crypti all that much. #47 by afterclouds, stands out more but the font used in it in't that grand.

Well we are in the tailoring phase to help them improve the designs so we can pick a finalist. These are the kinds of things we can tweak now that we have ideas of the look.

I cant vote becasue there is not a "NONE OF THE ABOVE" choice.  Can you add one?

I simply don't get it.
from the blog post: "We will add the link here and post it in the BTT Thread as soon as we open the contest. "
I've inquired myself for this link couple of times, then when finally got a response it ignored the ongoing contest.
Please note that I do not care about the contest prize, or the glory of contributing my skills. I've invested my own free time. I didn't expect much, but one can clearly see I put some efforts. So a nice "completely off course, please fuck off" PM could be nice.

Those choices you got there are typical 99 designs style, not in the good way.
stylized≠professional. sorry those are amateurish ready made concepts. If you are the ones that need to give those guys ideas how to make them better, I hope your design skills are good.

 

[megashira1]

I think the designs are pretty nice.

I vote #43by 99"aries

What is the prize?

[GreXX]

Okay, as I mentioned earlier I didn't really like any of the new logo designs. I've adapted the current logo to create the one below, if you notice the "C" has been edited slightly to look less chunky. I've kept the Crypti font as I really like it and I've tried to keep the same color scheme as the current one. So just to show you guys what I mean, here it is :







#Take note I didn't have access to the actual font used in the current logo, I had to re-create it in Illustrator so that's why the fonts may look a bit jagged and rough. Also I just re-did this in about 10 minutes so the quality isn't all that good, when i have more time I'll redo it proper.

So you think #52 is "bland" but not our current logo or the one you just posted? What is your definition of bland?

I think Crypti's current logo, suits Crypti a lot better than #52.

#52 is what you call a generic design.  It doesn't relate to Crypti in any way, it has a font that is very similar to other widely used fonts, and the color's used in it are from a "general" color palette. What this all means is that #52 is a design that can be applied to any brand, wheter it be a food brand, bank, newspaper etc. It's not tailor-made for Crypti, I wouldn't be surprised if the designer who posted this design also uses it for another contest.

While I don't think #52 is going to be our choice, it actually does represent the end goal results of Crypti in a way that were described. It is tailored to the idea as described I think in several ways.

The current logo is a C with a dot and is a default font character.

How is that not generic? How does a C with a dot "fit crypti a lot better" than anything other than the fact that we are used to it?

"A dotted lunate sigma (sigma periestigmenon, encoded at U+03FE Ͼ) was used by Aristarchus of Samothrace as an editorial sign indicating that the line so marked is at an incorrect position. Similarly, an antisigma or reversed sigma (Ͻ) may mark a line that is out of place. A dotted antisigma or dotted reversed sigma (antisigma periestigmenon: Ͽ) may indicate a line after which rearrangements should be made, or to variant readings of uncertain priority."

[Wulfcastle]

Logo Update

While you are waiting patiently, help us narrow down our Logo contest entries to a winner! We have moved on to the finalists round and created a poll out of some of our favorite options and we would like your opinion on the current choices.

Please view the poll and entires here: https://99designs.com/logo-design/vote-m1000k

We would love to hear your feedback. Keep in mind we will be making the final choice, but we would love to hear your thoughts!

GreXX, to be honest, none of them really look that great. The fonts used in a lot of them are either too bland or simply unprofessional. #52, looks the most professional, but it's very bland and doesn't really relate to Crypti all that much. #47 by afterclouds, stands out more but the font used in it in't that grand.

Well we are in the tailoring phase to help them improve the designs so we can pick a finalist. These are the kinds of things we can tweak now that we have ideas of the look.

I cant vote becasue there is not a "NONE OF THE ABOVE" choice.  Can you add one?

I simply don't get it.
from the blog post: "We will add the link here and post it in the BTT Thread as soon as we open the contest. "
I've inquired myself for this link couple of times, then when finally got a response it ignored the ongoing contest.
Please note that I do not care about the contest prize, or the glory of contributing my skills. I've invested my own free time. I didn't expect much, but one can clearly see I put some efforts. So a nice "completely off course, please fuck off" PM could be nice.

Those choices you got there are typical 99 designs style, not in the good way.
stylized≠professional. sorry those are amateurish ready made concepts. If you are the ones that need to give those guys ideas how to make them better, I hope your design skills are good.

 

Totally agree. What I don't get is that you guys have over 750 BTC, which as you said you intend to use within one year, but you revert to a cheap freelance site for your designs, where you pay at max $ 250 for a bunch of horrible designs.

I know that GreXX is your creative designer, and he would have asked for more of a budget, but to the rest of the team, what does it take you to realise how much of an impact design actually makes.

[Vagnavs]

I see were down to the finalists, that's a bit disappointing.. I don't see any designs I care for. I like our current one better than most of those.. I was going to suggest the contest to some designers I know.
Regards,
Brian

[GreXX]

So we can't add the current logo to the poll on 99designs, but if you think that the current logo is better than any of the new choices, please voice that opinion. Thanks!

[dzarmush]

Current logo is way better any of those.

[Wulfcastle]

So we can't add the current logo to the poll on 99designs, but if you think that the current logo is better than any of the new choices, please voice that opinion. Thanks!

Current logo.