[ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin

[Rofo]

ANN addition and FAQ updated. Will be releasing a few more sections over the weekend as well as re-draft much of what is already written thanks to what has mostly been positive and insightful feedback.

[miKnutty]

ANN addition and FAQ updated. Will be releasing a few more sections over the weekend as well as re-draft much of what is already written thanks to what has mostly been positive and insightful feedback.

Thanks for the update Rofo!

[Honeypot]

ANN addition and FAQ updated. Will be releasing a few more sections over the weekend as well as re-draft much of what is already written thanks to what has mostly been positive and insightful feedback.

Sounds great. It seems the project is drawing interest from people more and more.

[NorrisK]

Good to see the chapters coming available can't wait for the rest!

[Honeypot]

This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.

[Rofo]

This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.

Still a fair bit of feedback and new info. to accommodate - added Introduction , updated Stability/FAQ, and looking to get the Utility & Exclusivity sections out next so people can start seeing the potential rather than just the planning.

Also incorporating each section into a corresponding graphical pamphlet so that reading the entire paper in the future will not be necessary.

I'm in talks with some interested parties looking to enter early with a 10% bonus coins - a maximum of 5BTC or so between all will help me go a long way over the next week or two before listing.

If anyone has ideas or criticisms I need to enter into the documents please let me know. I still consider them drafts and needing more clarification/explanations.

Also added a minimum requirement for crowd fund to be a success at 100BTC.

[GBattaglia]

This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.

Still a fair bit of feedback and new info. to accommodate - added Introduction , updated Stability/FAQ, and looking to get the Utility & Exclusivity sections out next so people can start seeing the potential rather than just the planning.

Also incorporating each section into a corresponding graphical pamphlet so that reading the entire paper in the future will not be necessary.

I'm in talks with some interested parties looking to enter early with a 10% bonus coins - a maximum of 5BTC or so between all will help me go a long way over the next week or two before listing.

If anyone has ideas or criticisms I need to enter into the documents please let me know. I still consider them drafts and needing more clarification/explanations.

Also added a minimum requirement for crowd fund to be a success at 100BTC.

At 100BTC that would be about 50% of NobleCoin's marketcap. Not saying that is a bad thing of course.
If you are looking for graphic design work in regards to summarizing the paper into a graphical pamphlet,
I would like to put my name out there as someone willing to work on such a project once the time comes.
Example of some of my current NobleCoin Work:

https://i.imgur.com/fiJ7ujw.jpg

[voephilis]

one question: how much coins get maximum burnt when changing NOBL to NOXT? is there a maximum number? I am asking because when there is a lot of demand on the coloured coins people burn all their NOBLs so NOBL could die!?

the total NOBL supply will stay at 2.5 billion or?

Edit: okay, I see that there is no limit. But what happens to NOBL if all coins get burnt? Up to 1 billion would be okay. But more?

[GBattaglia]

one question: how much coins get maximum burnt when changing NOBL to NOXT? is there a maximum number? I am asking because when there is a lot of demand on the coloured coins people burn all their NOBLs so NOBL could die!?

the total NOBL supply will stay at 2.5 billion or?

Edit: okay, I see that there is no limit. But what happens to NOBL if all coins get burnt? Up to 1 billion would be okay. But more?

The ICO shouldn't run endlessly. For all NobleCoins to be burned, every NobleCoin sell order would have to be bought/used from all major exchanges. Either way, that means there would be a massive price surge on NobleCoin making death less and less likely. Frankly the currency 2.0 craze isn't my cup of tea. I prefer coins like Monero and Noblecoin honestly. We are dealing with currencies, we don't need a ton of features; we need a currency.

I do support Rofo's efforts and the direction of the market though.

[ReserviorHunt]

Would be great to see people joining in to support this noble effort

Dev doesn't make hypes or excuses, only states facts and plainly says funds are needed to fuel and support the project. Compared to all the other crypto currency 'ipos', not only is this more realistic it's adhering to all the laws and possible legal ramifications of starting a crowdfunding project.

Supported.

[TaunSew]

Is this coming out of NXT money system update?

[Equate]

This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.

75 pages of whitepaper ... seems onteresting , time to do reading.

[ReserviorHunt]

This will be one of the most massive, detailed and developed white paper we have seen. 75 Pages and growing? Count me in.

75 pages of whitepaper ... seems onteresting , time to do reading.

It's easy to digest as rofo is releasing it in sections.

[voephilis]

one question: how much coins get maximum burnt when changing NOBL to NOXT? is there a maximum number? I am asking because when there is a lot of demand on the coloured coins people burn all their NOBLs so NOBL could die!?

the total NOBL supply will stay at 2.5 billion or?

Edit: okay, I see that there is no limit. But what happens to NOBL if all coins get burnt? Up to 1 billion would be okay. But more?

The ICO shouldn't run endlessly. For all NobleCoins to be burned, every NobleCoin sell order would have to be bought/used from all major exchanges. Either way, that means there would be a massive price surge on NobleCoin making death less and less likely. Frankly the currency 2.0 craze isn't my cup of tea. I prefer coins like Monero and Noblecoin honestly. We are dealing with currencies, we don't need a ton of features; we need a currency.

I do support Rofo's efforts and the direction of the market though.

okay, thank you

[penambang]

Thanks for the update.. watching this thread from now

[IMZ]

IndiaMikeZulu come to say hello. I have been lax. Like to keep good relations with Noble coiners because some are Australian.

Will read the white paper.

Mark, W.A.

P.s.: we have been big big on Nxt since Day One. Hold a bunch of assets. Trade on the SAE. Presently working as assistant dev on an asset. PM me anytime. Extra pleased to hear from Australians

[voephilis]

Thanks for the update.. watching this thread from now

since that being said nothing happens here on the Pre-ANN

[ReserviorHunt]

Thanks for the update.. watching this thread from now

since that being said nothing happens here on the Pre-ANN

Good projects are not rushed or over hyped - something I take as evidence of legitimacy

[Rofo]

Is this coming out of NXT money system update?

More support for NXT AE at the moment and it's older/more established. I've got my eyes on the money system though and interested in moving to it in the future.

IndiaMikeZulu come to say hello. I have been lax. Like to keep good relations with Noble coiners because some are Australian.

Good to see you still around Mark. NOXT is a bit of a response to 2014, its drama for us and in preparation for where the industry as a whole is headed for better or for worse.

since that being said nothing happens here on the Pre-ANN

Put my head down a little for the weekend, a lot of my effort is going into private conversations and the paper so everything is ready.

The biggest concerns have been related to burning, rates, numbers etc. for good reason.

Here is the first draft of the #'s/process.

Edit: With everyone and their mother playing BTC futures at the moment I went quiet and just got to work until the timing is better (weekend dumps are over).

[Hueristic]

The biggest concerns have been related to burning, rates, numbers etc. for good reason.

Here is the first draft of the #'s/process.

I think one method that was not considered is a fixed Noble(X)/Noxt ratio where X == time held.