minterwintrer
Newbie
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Activity: 15
Merit: 0
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August 29, 2014, 12:29:07 AM |
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How long will the ICO run for ?
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Vrontis
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August 29, 2014, 12:33:07 AM |
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Seems innovative !
I got some questions listed below :
Which is the total coin supply ?
Is it POS only with 100% of the coin supply generated on a genesis block (similar to nxt) or new coins are generated each block (similar to Peercoin) ?
Is there an interest rate for the POS ? If yes then which is the interest rates exactly ? Are they known ?
Is the a transaction fee ?
One last question regarding the services that seems to be on top of Nostrum.Are there gonna be fees ? If yes, those fees will be distributed to
forgers as interest rate ?
Thanks
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Vampiro4L
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August 29, 2014, 02:11:01 AM |
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Honestly it looks and sounds like really nice ideas and features, but the distribution "feature" of buying coins directly from you (non-escrowed) is scary.
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r95222
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August 29, 2014, 04:37:10 AM |
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I cant find some basic algo for this coin.. Can dev tell me? 1. total coins ? 2. how much ICO coins ? 3. No POW only POS ? 4. There still no blockexpoler, right? Thanks  |
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MsCollec
Legendary
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Activity: 1400
Merit: 1000
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August 29, 2014, 04:49:36 AM |
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@scambuster
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August 29, 2014, 05:33:00 AM |
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I doubt anyone intrested in buying a coin can not be exchanged soon.
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discodancer
Sr. Member
Offline
Activity: 378
Merit: 250
Time is Money - Benjamin Franklin
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August 29, 2014, 06:09:47 AM |
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Here's another question - where is the investor list? How do we know you aren't keeping most of the coins for yourself?
And what is the premine if any?
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uuxel
Member
Offline
Activity: 84
Merit: 10
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August 29, 2014, 06:21:02 AM |
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Please update OP for coin information (number of coins, etc..)
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crimealone
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August 29, 2014, 06:51:37 AM |
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 Yep. A purchased account. Giveaway thread. Off-topic thread. DOLP(lol, most of Chinese know this coin. Obviously, dev liked it very much.)
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CounterStrike (OP)
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August 29, 2014, 10:25:27 AM |
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How long will the ICO run for ?
The ICO will run until the beta ends and the official wallet is released. |
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CounterStrike (OP)
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August 29, 2014, 10:51:52 AM |
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Here's another question - where is the investor list? How do we know you aren't keeping most of the coins for yourself?
And what is the premine if any?
We'll set up a temporary block explorer for you to track down the distribution process. All coins that are not sold in the ICO is destroyed. |
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CounterStrike (OP)
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August 29, 2014, 03:04:37 PM |
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Please update OP for coin information (number of coins, etc..)
Updated in the FAQ section |
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seek4dream
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August 29, 2014, 03:44:37 PM |
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Yep. A purchased account. Giveaway thread. Off-topic thread. DOLP(lol, most of Chinese know this coin. Obviously, dev liked it very much.) so just like clustercoin. and the dev choose not to answer such questions. ppl, u r warned. |
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provenceday
Legendary
Offline
Activity: 1148
Merit: 1000
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August 29, 2014, 04:14:41 PM |
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CounterStrike (OP)
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August 29, 2014, 04:22:41 PM |
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Yep. A purchased account. Giveaway thread. Off-topic thread. DOLP(lol, most of Chinese know this coin. Obviously, dev liked it very much.) so just like clustercoin. and the dev choose not to answer such questions. ppl, u r warned. What question to answer? He didn't ask anything. He gave our newbie account, which is created just for the purpose of announcing Nostrum, a negative feedback. He said that the account is new, and ask for ICO without escrow or open beta. So we decided to close the thread, use our real account to announce Nostrum, and release the wallet at the same time.I know the crypto community has been suffering from a lot of ICO scam lately. I feel sorry for those people who lost their money. But you guys should open your eyes. Try to understand something before investing or spreading FUD. The other ICOs are just copypasta of bitcoin without any new features, and yet people still give their money to the scam devs. |
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CounterStrike (OP)
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August 29, 2014, 04:23:54 PM |
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Yes and the pre-beta phased was skipped because we can not find a trusted escrow service to use. |
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The_Prof
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August 29, 2014, 06:01:30 PM |
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From what I gather here...if you stick to your word I guess.
You have created a bank of sorts for Bitcoin. People send you their coins, you give them a transfered coin which they basically will use to 'EFT' for goods and services and if they want to 'draw' money then they transfer back to Bitcoin. Am I correct in this basic nutshell of an assumption?
Edit: From your value diagram it also looks like you want to slowly increase the coin value as well or was that just a rough drawing?
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Look over there...
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CounterStrike (OP)
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August 29, 2014, 11:04:58 PM |
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From what I gather here...if you stick to your word I guess.
You have created a bank of sorts for Bitcoin. People send you their coins, you give them a transfered coin which they basically will use to 'EFT' for goods and services and if they want to 'draw' money then they transfer back to Bitcoin. Am I correct in this basic nutshell of an assumption?
Edit: From your value diagram it also looks like you want to slowly increase the coin value as well or was that just a rough drawing?
Your assumpition is quite right, only that the value is reserve in USD not Bitcoin. The coin's value will increase slowly by itself because of the reseve value. It's not us or anyone else that can control it. |
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dandruff1138
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August 30, 2014, 01:18:29 AM |
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Yep. A purchased account. Giveaway thread. Off-topic thread. DOLP(lol, most of Chinese know this coin. Obviously, dev liked it very much.) so just like clustercoin. and the dev choose not to answer such questions. ppl, u r warned. What question to answer? He didn't ask anything. He gave our newbie account, which is created just for the purpose of announcing Nostrum, a negative feedback. He said that the account is new, and ask for ICO without escrow or open beta. So we decided to close the thread, use our real account to announce Nostrum, and release the wallet at the same time.I know the crypto community has been suffering from a lot of ICO scam lately. I feel sorry for those people who lost their money. But you guys should open your eyes. Try to understand something before investing or spreading FUD. The other ICOs are just copypasta of bitcoin without any new features, and yet people still give their money to the scam devs. Did you lower your ICO price from 1600 to 500?  ?? And what become of utilizing an escrow here? |
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sanbashiyi
Legendary
Offline
Activity: 895
Merit: 1001
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August 30, 2014, 01:28:47 AM |
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you do a new idea for ICO but the price , wow..
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