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Author Topic: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg  (Read 541858 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 1+ user deleted.)
Cryptodingdong
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April 12, 2018, 12:20:59 AM
 #6221

OptiToken has released the details regarding the airdrop on Bay holders:


Optitokens will be airdropped to BAY holders in the following format.

1:300 meaning 1 OptiToken for every 300 BAY the top 500 addresses hold in their BAY cold wallet  at time of snapshot at roughly 3pm UTC on May 1st, 2018.

The amount is set to be roughly 3.9 million OptiToken which is in ICO value nearly €500,000 value at current ICO rate of €0.12 per OptiToken. The value can grow as well as we are extending a way for others to participate. OptiToken is a strong believer in BAY and looks forward to its growth as it nears its pegging to the USD.

What if my BAY are stuck on UpBit? Please speak with Seungjin in the Korean BitBay TG group as he’s coordinating the solution and we will most certainly include those individuals.

What if I’m not a top 500 address but still active in community?
Simply shoot us an email at airdrop@optitoken.io with your Slack name or TG name and an ERC20 compatible ETH wallet address we will drop you 30 OPTI as well Smiley

Here’s an added bonus we’ve decided to add in as we try to innovate demand in this bearishly depressing market:

Airdrop doubles for BAY holders who buy 2 ETH+, triples for people who buy 5 ETH+ of OPTI. So what this means is if someone is set to receive 4,000 OPTI’s from Airdrop their allocation will raise to 8,000 or even 12,000 additional tokens

If someone from the BAY community doesn’t have enough BAY to be a top 500 address then they can still participate and receive 2,500 additional OPTI if they purchase 2 ETH+ of opti and hold at least 1000 BAY, 5,000 additional opti if they buy 5 ETH+ and hold at least 1000 BAY.

To receive this discount email info@optitoken.io with your BAY deposit address so we can explore the balance along with your email you used to sign up and purchase OptiToken. We’ll examine both address on or within a few days of the timestamp date for Airdrop which is May 1st.

Did you know?
OptiToken recently switched its ICO pegged price from the EURO to ETH=€385 (22% added value) and BTC=€6480 (20% roughly added value) whyd we do this? This gives HODL’ers and true believers in crypto a chance to rewind time a bit and peg their crypto’s value a bit higher while bad actors continue to try to drive market prices down!
OptiToken.io is where you go if you wish to participate. We hope this brings a lot of new buys to OptiToken as we have people who are now learning about BAY for the first time in our social outlets and we hope the same happens for OptiToken.






I'm not a top 500 holder so I emailed the link to see how I can get an airdop as you say, but I've got no response. Is there anything else I should do?
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April 12, 2018, 07:59:29 AM
 #6222

"Simply shoot us an email at airdrop@optitoken.io with your Slack name or TG name and an ERC20 compatible ETH wallet address we will drop you 30 OPTI as well Smiley"

You just have to send by email your Slack or Telegram name and a ERC20 address to receive your 30 OPTi. You don´t have to do anything else.
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April 12, 2018, 08:18:41 AM
 #6223

Nice uptrend the last 2-3 days. Although the market is going down again, let´s see how Bitbay reacts.
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April 12, 2018, 08:31:36 AM
 #6224

Hello!tell me, how will you charge optitoken?what do I have to do?my BitBay address is in the top 500.
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April 12, 2018, 02:29:26 PM
 #6225

OptiToken has released the details regarding the airdrop on Bay holders:


Optitokens will be airdropped to BAY holders in the following format.

1:300 meaning 1 OptiToken for every 300 BAY the top 500 addresses hold in their BAY cold wallet  at time of snapshot at roughly 3pm UTC on May 1st, 2018.

The amount is set to be roughly 3.9 million OptiToken which is in ICO value nearly €500,000 value at current ICO rate of €0.12 per OptiToken. The value can grow as well as we are extending a way for others to participate. OptiToken is a strong believer in BAY and looks forward to its growth as it nears its pegging to the USD.

What if my BAY are stuck on UpBit? Please speak with Seungjin in the Korean BitBay TG group as he’s coordinating the solution and we will most certainly include those individuals.

What if I’m not a top 500 address but still active in community?
Simply shoot us an email at airdrop@optitoken.io with your Slack name or TG name and an ERC20 compatible ETH wallet address we will drop you 30 OPTI as well Smiley

Here’s an added bonus we’ve decided to add in as we try to innovate demand in this bearishly depressing market:

Airdrop doubles for BAY holders who buy 2 ETH+, triples for people who buy 5 ETH+ of OPTI. So what this means is if someone is set to receive 4,000 OPTI’s from Airdrop their allocation will raise to 8,000 or even 12,000 additional tokens

If someone from the BAY community doesn’t have enough BAY to be a top 500 address then they can still participate and receive 2,500 additional OPTI if they purchase 2 ETH+ of opti and hold at least 1000 BAY, 5,000 additional opti if they buy 5 ETH+ and hold at least 1000 BAY.

To receive this discount email info@optitoken.io with your BAY deposit address so we can explore the balance along with your email you used to sign up and purchase OptiToken. We’ll examine both address on or within a few days of the timestamp date for Airdrop which is May 1st.

Did you know?
OptiToken recently switched its ICO pegged price from the EURO to ETH=€385 (22% added value) and BTC=€6480 (20% roughly added value) whyd we do this? This gives HODL’ers and true believers in crypto a chance to rewind time a bit and peg their crypto’s value a bit higher while bad actors continue to try to drive market prices down!
OptiToken.io is where you go if you wish to participate. We hope this brings a lot of new buys to OptiToken as we have people who are now learning about BAY for the first time in our social outlets and we hope the same happens for OptiToken.



Now this explains recent rise in price. For now you need to have at least 200k Bay in your wallet to be in top 500 rich list. Not that difficult, considering current price...
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April 12, 2018, 11:04:29 PM
 #6226


I see there are questions about how to receive the Opti airdrop. We will post detailed instructions when we get them from Optitoken. The snapshot of our blockchain is Mai 1st, so you can't do anything until then anyway (except moving your Bay off the exchanges)
CRYPTONAIRE
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April 13, 2018, 09:47:11 AM
 #6227


I see there are questions about how to receive the Opti airdrop. We will post detailed instructions when we get them from Optitoken. The snapshot of our blockchain is Mai 1st, so you can't do anything until then anyway (except moving your Bay off the exchanges)

I am staking my BAY on the Windows QT wallet.  Will this be sufficient to be included in the snapshot?

FINANCECLOUD CRYPTO-HUB : by EUROPECOIN
BitBaydev (OP)
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April 13, 2018, 02:18:42 PM
 #6228

You can now buy $BAY directly from our Web Wallet and website thanks to our partnership with the Indacoin exchange.

https://wallet.bitbay.market/

and:

https://bitbay.market/buy

 Roll Eyes

David Zimbeck Interview

BitBay Official Twitter: https://twitter.com/BitBayofficial
Assassin1412
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April 13, 2018, 02:50:02 PM
 #6229

You can now buy $BAY directly from our Web Wallet and website thanks to our partnership with the Indacoin exchange.

https://wallet.bitbay.market/

and:

https://bitbay.market/buy

 Roll Eyes
Another milestone on the roadmap. Bitbay team keep delivering what they said  Wink Wink

With more news coming this month and then Airdrop on 1st May, we can expect huge bullish move coming  Wink
erwan
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April 13, 2018, 05:06:29 PM
 #6230

You can now buy $BAY directly from our Web Wallet and website thanks to our partnership with the Indacoin exchange.

https://wallet.bitbay.market/

and:

https://bitbay.market/buy

 Roll Eyes
Another milestone on the roadmap. Bitbay team keep delivering what they said  Wink Wink

With more news coming this month and then Airdrop on 1st May, we can expect huge bullish move coming  Wink


It is worth the airdrop.
But I am afraid if the snapshot has been done the price will drop dramatically.
Like the nxt incident yesterday.
Will it happen again Huh
Munti
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April 13, 2018, 08:37:27 PM
 #6231


I see there are questions about how to receive the Opti airdrop. We will post detailed instructions when we get them from Optitoken. The snapshot of our blockchain is Mai 1st, so you can't do anything until then anyway (except moving your Bay off the exchanges)

I am staking my BAY on the Windows QT wallet.  Will this be sufficient to be included in the snapshot?

Yes
Asimmo
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April 13, 2018, 08:41:02 PM
 #6232

So, where can I find exact details of upcoming airdrop?
Such infos should be pinned somewhere transparently, as it has it`s own influence..
Assassin1412
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April 13, 2018, 11:31:25 PM
 #6233

You can now buy $BAY directly from our Web Wallet and website thanks to our partnership with the Indacoin exchange.

https://wallet.bitbay.market/

and:

https://bitbay.market/buy

 Roll Eyes
Another milestone on the roadmap. Bitbay team keep delivering what they said  Wink Wink

With more news coming this month and then Airdrop on 1st May, we can expect huge bullish move coming  Wink


It is worth the airdrop.
But I am afraid if the snapshot has been done the price will drop dramatically.
Like the nxt incident yesterday.
Will it happen again Huh

nxt, they released something totally new as ardor and people called it nxt 2.0. So it's like they're moving most of their work to the new platform but still there are some benefits of using nxt. I don't think this airdrop will have same effect as nxt, bitbay still is bitbay, still strong foundations and keep hitting roadmap time to time Wink
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April 14, 2018, 04:14:19 AM
 #6234

So, where can I find exact details of upcoming airdrop?
Such infos should be pinned somewhere transparently, as it has it`s own influence..
They posted here : https://blog.bitbay.market/how-bitbay-holders-can-accept-opti-tokens-airdrop-839efcd39c31

P/S: Bitbay is raising, Airdrop event is kicking in. Don't miss out next raise  Wink Wink
dzimbeck
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April 14, 2018, 07:42:11 AM
 #6235

is David away at the moment?

Hey I'm here, had some guests in from out of town and was occupied past couple days. I will review Seans request for Opti and post detailed redeeming instructions for you guys as Sean did ask me to assist in verifying top 500.
dzimbeck
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April 14, 2018, 07:46:46 AM
 #6236


I see there are questions about how to receive the Opti airdrop. We will post detailed instructions when we get them from Optitoken. The snapshot of our blockchain is Mai 1st, so you can't do anything until then anyway (except moving your Bay off the exchanges)

I am staking my BAY on the Windows QT wallet.  Will this be sufficient to be included in the snapshot?

The requirements are to verify you hold that address. So users should sign from their wallet. In the case of QT sometimes it breaks the main address into more than one account... so a user might want to check their main address on chainz to confirm they are eligable.

If they hold more than 200k coins in their staking account but it's split up over multiple addresses and that prevents them from qualifying in the top 500 because they come a little bit shy of that, they should try to combine the coins into one account to increase the probability of being eligible. Of course do that carefully and make sure to always back up their wallet.
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April 14, 2018, 07:53:53 AM
 #6237

You can now buy $BAY directly from our Web Wallet and website thanks to our partnership with the Indacoin exchange.

https://wallet.bitbay.market/

and:

https://bitbay.market/buy

 Roll Eyes
Another milestone on the roadmap. Bitbay team keep delivering what they said  Wink Wink

With more news coming this month and then Airdrop on 1st May, we can expect huge bullish move coming  Wink


It is worth the airdrop.
But I am afraid if the snapshot has been done the price will drop dramatically.
Like the nxt incident yesterday.
Will it happen again Huh

nxt, they released something totally new as ardor and people called it nxt 2.0. So it's like they're moving most of their work to the new platform but still there are some benefits of using nxt. I don't think this airdrop will have same effect as nxt, bitbay still is bitbay, still strong foundations and keep hitting roadmap time to time Wink

How to receive airdro and what I must to do for this? And how much worth airdrop? Project look interesting  Roll Eyes

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April 14, 2018, 08:08:47 AM
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 #6238

Okay so this post is going to be a bit casual but I will forward it to Sean so they can make a nice tutorial with some screenshots.

Doing this now will have no effect because the SNAPSHOT of the top 500 has not been taken yet. When it is, everyone who qualifies will be set in stone.

If you are in the top 500, you will know by looking at:
https://chainz.cryptoid.info/bay/#!rich

You can scroll to the bottom and ask for top 100/500

Ok now there are a few scenarios. The first is if your coins are on an exchange. This is obviously not ideal because it makes it much harder to confirm
you are the owner of said coins. I don't advise on this and Sean has given his own protocol for that mostly relating to Upbit.

So I'm going to cover both the QT and the Markets Wallet redemption process.

First you will need an ETH address for receiving ETH tokens and will want to have your wallet watch for the custom token.
Instructions for that are found here:
https://medium.com/adbank-blog/how-to-add-a-custom-token-to-myetherwallet-fc4f17840ded

Okay so your ETH address will be what you send to Opti so they know where to send your tokens.

If using QT wallet:
Go to File->Sign Message
Select your BitBay address that qualified for the payment
Where it asks for your message, simply enter your ETH address without any spaces or extra stuff. (Because Sean will need to verify your EXACT message)
Then click sign
Send an email message to Optitoken email
The contents of the email should contain the ETH address (your message), your signature, and your BitBay address

If using Markets wallet:
Your account that qualifies should be the one you have open
Go to File->Sign/Verify
In the area to enter your message, paste your ETH address without any spaces or extra stuff
Then click sign
Choose one of your keys from the account you have open that qualifies
Then copy the signature and save it somewhere
Click sign again
Choose the second key from the account you have open that qualifies
Then copy the second signature and save it somewhere
Then close that window and go to the send tab
Click on advanced sending
Click on "Copy redeem script"
Then send an email to Optitoken
The contents should be your redeem script, your ETH address and BOTH of your signatures

That should give Opti exactly what they need to prove your identity

I am assuming that Opti might want to make a more detailed tutorial involving screenshots of what I've laid out here and we can test with a custom message so
they understand the process.
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April 14, 2018, 11:30:37 PM
 #6239

Just checked Opti token, they look solid and full of potential. This airdrop is gonna be great  Wink
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April 15, 2018, 08:48:46 AM
 #6240

Only the TOP 500 Bitbay holders will get the airdrop? So, in other words you must have a minimum of 200k Bitbay to get into the TOP 500. 200k Bitbay is equal to arround $12k..

The airdrop should have been expanded to atleast top 1000-2500..but well if they want it so, let it be.

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