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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103262 times)
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Specialkey
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November 02, 2014, 08:45:48 AM
 #2621


An announcement from Bittrex regarding the ITO:


Quote
BlockNet ITO - What happened and next steps.

First off, let me thank all our users for their patience on the matter.  We are actively working with everyone to ensure the best outcome for all parties. Before we get started, I want to provide a little background.  BlockNet was the first ICO we agreed to do where we didn't have complete control of the coin supply. We've learned our lesson, we will not be participating in any offering where we are not in a position to enforce agreed upon terms.

Somewhere along the way, there was a miscommunication and BLOCK coins were released for both trading and staking.  By enforcing the escrow terms, we put Bittrex users at a disadvantage.  To remedy this, we will put up a buy wall at the ITO price for 48 hours after the ITO ends on November 5th.  We will not allow deposits or withdrawals during this 48 hour window.  This will allow any users wanting a refund to receive one.  Once this window closes, we will pull the buy wall and evaluate the escrow terms.  If everything checks out, we will release the funds to the developer and open the wallet and market for trading.
 


Thank you Bittrex! This is really awesome.

+1  Grin
jdebunt
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November 02, 2014, 09:36:10 AM
 #2622

Small new article :

http://www.cryptoarticles.com/crypto-news/blocknet-ito-sale-bittrex-statement-poloniex-trading-rules-bter-trading-market
trunzo
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November 02, 2014, 09:40:59 AM
 #2623


Where has the ITO gone on bter??
The coin is not present in their api either.


We need to nip the BTER issue --all eyes on this right now.

There are problems on BTER?  Shocked
mxxxxxx
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November 02, 2014, 09:49:51 AM
 #2624


Where has the ITO gone on bter??
The coin is not present in their api either.


We need to nip the BTER issue --all eyes on this right now.

There are problems on BTER?  Shocked

I see Block is back on Bter

https://bter.com/trade/BLOCK_BTC

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November 02, 2014, 10:39:43 AM
 #2625


Quote
BlockNet ITO - What happened and next steps.

First off, let me thank all our users for their patience on the matter.  We are actively working with everyone to ensure the best outcome for all parties. Before we get started, I want to provide a little background.  BlockNet was the first ICO we agreed to do where we didn't have complete control of the coin supply. We've learned our lesson, we will not be participating in any offering where we are not in a position to enforce agreed upon terms.


why not return the fee?

CRYPT by SINTEZ - Nextgen of WEB monetization - SINTEZ.IO
dannyspk
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November 02, 2014, 10:52:18 AM
 #2626

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?
cryptico
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November 02, 2014, 10:54:07 AM
 #2627

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?

Try to contact them trough phone:

You may also choose to chat with one of our operators or, call our toll-free US & International phone number (+1-855-683-9368)  (+44-800-088-5029)

They have given my 10%

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mav137
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November 02, 2014, 11:02:41 AM
 #2628

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?

It's sunday
Specialkey
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November 02, 2014, 11:11:31 AM
 #2629

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?

Try to contact them trough phone:

You may also choose to chat with one of our operators or, call our toll-free US & International phone number (+1-855-683-9368)  (+44-800-088-5029)

They have given my 10%

Why do they give 10%?

Does every exchange do  what they want?
cryptico
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November 02, 2014, 11:24:18 AM
 #2630

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?

Try to contact them trough phone:

You may also choose to chat with one of our operators or, call our toll-free US & International phone number (+1-855-683-9368)  (+44-800-088-5029)

They have given my 10%

Why do they give 10%?

Does every exchange do  what they want?

ITO
R
ULES
P
R I C E A N D Q U A N T I T Y
T
en million
Blocknet tokens (“BLOCK”)
will be created and no mo
re will ever be made available.
The price per
token will be 0.00025 BTC.
Tokens
purchased using a participating coin
will be sold at a 10% discount.
Tokens’ pricing against participating coins will be det
ermined according to a recent average price of the coin in
question against BTC. The exact algorithm used will not be disclosed to prevent exploitation by market participants.

.WildBeastBlock.       █
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cryptico
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November 02, 2014, 11:28:48 AM
 #2631

This is getting bloody ridiculous. I've written 5 emails to Coingateway. No response. They still haven't processed my 10%. XC team, would you please help me out here?

It's sunday

Congrats for your Buy

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TheGer
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November 02, 2014, 11:39:52 AM
 #2632

Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.



cryptico
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November 02, 2014, 12:21:24 PM
 #2633

Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





The ger posts are precious as much as hoertest ones I'm glad you are here

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  █     █▀    █
  █     █     █
  ▀     █     ▀
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Levole11
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November 02, 2014, 12:43:33 PM
 #2634

Maan, finally a project i would buy in from the start and its gets the biggest fudstorm i´ve ever seen here.. Although the intentions of the ones behind it are even more shady as the ones they´re attacking (all noob accounts, obviously orchestrated ), iam uncertain to invest now...
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November 02, 2014, 12:44:04 PM
 #2635

Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





Synechist said the wallet are going to be public and transparent about on what  and when they spend it.
Altcoin4life
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November 02, 2014, 12:53:47 PM
 #2636

Idc if xc devs or prom or Santa Claus made every altcoin.  PM me if this coin is still getting pumped after ico ends otherwise I'm dumping all 12 btc into trex buy wall. I have no time for bad performing alts.

TheGer
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November 02, 2014, 01:04:01 PM
 #2637

Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





Synechist said the wallet are going to be public and transparent about on what  and when they spend it.

I'd like to see WHO is getting funds.  Not only will that drastically increase confidence in Blocknet, it will show the community that funds aren't being extracted all to the same person or persons.  As a group of investors fronting a minimum of 850 BTC I think that it is our right to expect and to demand this.  If someone decides that their identity is too precious to have their identity revealed to us then they have no business taking OUR funds as payment for anything.

I say this not to be hostile but to make sure both our interests and the interests of Blocknet are protected.

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November 02, 2014, 01:10:48 PM
 #2638

Maan, finally a project i would buy in from the start and its gets the biggest fudstorm i´ve ever seen here.. Although the intentions of the ones behind it are even more shady as the ones they´re attacking (all noob accounts, obviously orchestrated ), iam uncertain to invest now...

The more and more 'FUD' i read about it the more and more i get the feeling that whenever one issue gets resolved...they try to pick on another one and chew on that one.
We have the chance to get out 48hr after the IPO, thats an oportunity if you change your mind and decide to still get out.
I'll stick to my investment, but that it to everyone to decide for themselves.

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November 02, 2014, 01:15:17 PM
 #2639

Well this is an interesting post:

https://bitcointalk.org/index.php?topic=818939.msg9409605#msg9409605

Not verifiable of course, but hey.

Co-Founder, the Blocknet
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November 02, 2014, 01:20:30 PM
 #2640

synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end, edit: also meaning less tokens?
keep up the good work & gl Smiley
cheers
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