[ANN] Aidos Kuneen: Anonymous & Zero fees [Banking + Instant conversion to fiat] - page 53.

AltsBoom

sr. member

Activity: 406

Merit: 250

Quote from: UrsaMajorisBeta on June 19, 2017, 01:13:36 AM

Quote from: AltsBoom on June 18, 2017, 10:12:51 PM

Quote from: SockPuppetAccount on June 18, 2017, 07:47:40 PM

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

These are my thoughts and concerns too^^

What's the reasoning?

I don't like how the dev can willy nilly do whatever he likes with a huge majority of the coins

400k in circulation? Have they all been distributed the same way?

Making a direct nice penny if so, trying to understand the benefit to others

Quote from: SockPuppetAccount on June 18, 2017, 07:47:40 PM

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

1) Selling coins á la ICO carries the risk of running out of funds should the price of whatever cryptocurrency you are hedging against goes down "unexpectedly"
2) This small quantity model works as a slow pace distribution. If you choose to buy or not, you are very welcome to the community in both cases anyway. Ricardo is very active at the slack channel, so please direct your questions directly to him.
You can see this model being replicated already here:
https://bitcointalk.org/index.php?topic=1969334.40

Not sure how it works better then an ICO. From what I can tell, dev made a token and holds entire supply.

Slowly sells them to public, collects btc for himself.

In theory, why the hell would the dev continue working on the project if 1) all coins finally sell (and he's maxed his profit) or 2) people no longer wanna buy them.

you're selling your coin directly to people for direct profit. HOW IS THIS NOT A MASSIVE ISSUE

kamiyama

sr. member

Activity: 742

Merit: 251

Cryptodao support chat is highjacked last night. korean time.
support chat hacked and they send you email to mis lead fake site and fake wallet. chat is same.
dev is solving this problem

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Quote from: AltsBoom on June 18, 2017, 10:12:51 PM

Quote from: SockPuppetAccount on June 18, 2017, 07:47:40 PM

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

These are my thoughts and concerns too^^

What's the reasoning?

I don't like how the dev can willy nilly do whatever he likes with a huge majority of the coins

400k in circulation? Have they all been distributed the same way?

Making a direct nice penny if so, trying to understand the benefit to others

Quote from: SockPuppetAccount on June 18, 2017, 07:47:40 PM

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

1) Selling coins á la ICO carries the risk of running out of funds should the price of whatever cryptocurrency you are hedging against goes down "unexpectedly"
2) This small quantity model works as a slow pace distribution. If you choose to buy or not, you are very welcome to the community in both cases anyway. Ricardo is very active at the slack channel, so please direct your questions directly to him.
You can see this model being replicated already here:
https://bitcointalk.org/index.php?topic=1969334.40

AltsBoom

sr. member

Activity: 406

Merit: 250

Quote from: SockPuppetAccount on June 18, 2017, 07:47:40 PM

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

These are my thoughts and concerns too^^

What's the reasoning?

I don't like how the dev can willy nilly do whatever he likes with a huge majority of the coins

400k in circulation? Have they all been distributed the same way?

Making a direct nice penny if so, trying to understand the benefit to others

SockPuppetAccount

hero member

Activity: 882

Merit: 500

MiG Messenger - earn while chatting

>No ICO
>Randomly sells chunks of coins whenever he likes at whatever price he likes for as long as he likes

Yeah, this is WAY fucking worse than an ICO.

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Quote from: UrsaMajorisBeta on June 18, 2017, 07:26:59 PM

Quote from: AltsBoom on June 18, 2017, 04:26:53 PM

How is the circulating supply controlled? What is circulating supply?

I see 25million total supply with a coin that's listed as 70cents right now.

The circulating supply is under 400k.

Update: Please retrieve your Aidos from CryptoDao. We are moving to a bigger and more secure exchange. Details will follow in the next days.
Always check you have a copy of the wallet available at GitHub
https://github.com/AidosKuneen/aidos-wallet/releases

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Quote from: AltsBoom on June 18, 2017, 04:26:53 PM

How is the circulating supply controlled? What is circulating supply?

I see 25million total supply with a coin that's listed as 70cents right now.

The circulating supply is under 400k.

AltsBoom

sr. member

Activity: 406

Merit: 250

How is the circulating supply controlled? What is circulating supply?

I see 25million total supply with a coin that's listed as 70cents right now.

GeorgeSoros

member

Activity: 178

Merit: 10

Quote from: UrsaMajorisBeta on June 17, 2017, 11:31:32 AM

Update:
Ricardo Badoer talks about dark markets in CoinTelegraph

https://cointelegraph.com/news/crypto-world-has-been-turning-into-ponzi-scheme-opinion

Thanks, very nice article and its good to see a bit Ricardo outside of shadow talking about his mind, he is a real passionate guy know how to drive ADK to the high floors of market.

Cryptodao today was broken by ADK, be easy guys with buy trigger hahahaha

kryptopojken

hero member

Activity: 767

Merit: 532

This is a hidden pearl, with huge potential.

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Update:
Ricardo Badoer talks about dark markets in CoinTelegraph

https://cointelegraph.com/news/crypto-world-has-been-turning-into-ponzi-scheme-opinion

btcmerich

sr. member

Activity: 339

Merit: 250

Quote from: minime0105 on June 15, 2017, 08:09:44 AM

Quote from: btcmerich on June 15, 2017, 05:36:54 AM

Quote from: minime0105 on June 15, 2017, 03:47:34 AM

Quote from: piebeyb on June 08, 2017, 10:45:48 PM

I see this exactly with IOTA and ByteBall does not use a fee on the transaction, so how does Aidos Kuneen concept to everyone who holds it in their wallet.

This cant be like byteball, The way of coin distribution is allright to fight monopoly, but the thing here, is where will it be used?
In what I can see now, It is like just giving free money to the developers. Nothing innovative really, people needs to stop being greedy for profits, to stop this kind of nonsense coins.
Thats why coisn like this and new ICOs is becoming cancer already of the crypto world is that, old coins room for development is being limited. Instead of the community suggesting a way for old coins to improve, they will make an ICO and a new coin. This is not looking good anymore in crypto world.

What are you on about? Aidos could have done big hype , promotions and made proper ICO and the devs could have put alot of money in their pockets fast. The Founder wants slow build up and longterm project, 80 % of the sells are going into Aidos foundation. 20 % is resevered for the Dev Team. i find that fair and honest

As for usage,, how about Darkmarkets ? offshore banking??, Aidos founder is in Financial sector and he will bring in banks.

What I mean here, is I want to know where is my money going to by buying this coins. Is it just going to be like a coin just for remitance system? banking? Or the main area is its zero fee transactions? IOTA already have that right?
So what's new? I don't mean to FUD, I just wanna know, If i put my money into this, then what's the catch? What's the feature?

why are you focusing on them seperatly??? Aidos is made for transfer of value with zero fees and fully anon . Business plan is to have offshore banks to use it, if you would have joined the Slack then you would know all this.

so let me explain again why Aidos has greate potential:

Total supply of 25 000 000
Anonymous = Darkmarket Usage and also more secure for users

Zero fee = Nano payments for example paying for streaming services and Banking
No mining=no centeral control

Aidos founder is offshore banker and is going to use his contacts to implement ADK into banking. Soon Aidos foundation will be registered , the Foundation website will be up and i am sure it will be all more clear

kamiyama

sr. member

Activity: 742

Merit: 251

slack
dev said

Normaly all coins are more or less sold by ICO
you have all seen how they cheat and lie
and lately more or less all ICO have been made just to fill coin devs pockets fast
Aidos is doing this bit diffrently.
bit oldschool
we put the coins on exchange directly
it will be bit slower process but i find it to be more fair
if some one do not like it. well then do not buy
the whole point here to protect the tech and the investors
Aidos has the tech and the businessplan

in a market that is small!
we are slowly selling the amount that will match or is under the demand
this way we control the price and also investors
what is important here is to build market cap
by increasing the demand
this will be done by projects coming in
and also when more exchange list Aidos
we are selling on average 30k-40k ADK per day
for fixed price
and we will keep up with the demand and we will not dump the price
As you can see we had already whales wanting to test us and crash the price but they are not doing so well

we are selling at fixed price to have as many people as possible to be able to buy!

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Quote from: minime0105 on June 15, 2017, 08:09:44 AM

Quote from: btcmerich on June 15, 2017, 05:36:54 AM

Quote from: minime0105 on June 15, 2017, 03:47:34 AM

Quote from: piebeyb on June 08, 2017, 10:45:48 PM

I see this exactly with IOTA and ByteBall does not use a fee on the transaction, so how does Aidos Kuneen concept to everyone who holds it in their wallet.

This cant be like byteball, The way of coin distribution is allright to fight monopoly, but the thing here, is where will it be used?
In what I can see now, It is like just giving free money to the developers. Nothing innovative really, people needs to stop being greedy for profits, to stop this kind of nonsense coins.
Thats why coisn like this and new ICOs is becoming cancer already of the crypto world is that, old coins room for development is being limited. Instead of the community suggesting a way for old coins to improve, they will make an ICO and a new coin. This is not looking good anymore in crypto world.

What are you on about? Aidos could have done big hype , promotions and made proper ICO and the devs could have put alot of money in their pockets fast. The Founder wants slow build up and longterm project, 80 % of the sells are going into Aidos foundation. 20 % is resevered for the Dev Team. i find that fair and honest

As for usage,, how about Darkmarkets ? offshore banking??, Aidos founder is in Financial sector and he will bring in banks.

What I mean here, is I want to know where is my money going to by buying this coins. Is it just going to be like a coin just for remitance system? banking? Or the main area is its zero fee transactions? IOTA already have that right?
So what's new? I don't mean to FUD, I just wanna know, If i put my money into this, then what's the catch? What's the feature?

The team rather prefers to not compare Aidos to IOTA. While they may both be bsed on DAG, Aidos is all about a secure way to privately transfer money without borders.

UrsaMajorisBeta

hero member

Activity: 528

Merit: 500

We are the ones we've been waiting for

Quote from: fengxia on June 15, 2017, 08:17:54 AM

Why you dont make a ICO?No one would like to set up a buy order as you can sell a big number of ADK any time you like.

The team prefers to distribute coins gradually according to development. There is already a working wallet with some of the features intended in the roadmap, so it's not money for vaporware as most ICOs todays.

pigheadbig

hero member

Activity: 742

Merit: 500

If there is no ICO, what the meaning of the pre-sale. I will keep an eye on the incoming whitepaper to learn about more information.

fengxia

full member

Activity: 235

Merit: 230

Why you dont make a ICO?No one would like to set up a buy order as you can sell a big number of ADK any time you like.

disbil

sr. member

Activity: 546

Merit: 250

White paper still in progress, need to check them when it's ready, so we could have better understanding about the project.

minime0105

hero member

Activity: 1246

Merit: 534

Quote from: btcmerich on June 15, 2017, 05:36:54 AM

Quote from: minime0105 on June 15, 2017, 03:47:34 AM

Quote from: piebeyb on June 08, 2017, 10:45:48 PM

I see this exactly with IOTA and ByteBall does not use a fee on the transaction, so how does Aidos Kuneen concept to everyone who holds it in their wallet.

This cant be like byteball, The way of coin distribution is allright to fight monopoly, but the thing here, is where will it be used?
In what I can see now, It is like just giving free money to the developers. Nothing innovative really, people needs to stop being greedy for profits, to stop this kind of nonsense coins.
Thats why coisn like this and new ICOs is becoming cancer already of the crypto world is that, old coins room for development is being limited. Instead of the community suggesting a way for old coins to improve, they will make an ICO and a new coin. This is not looking good anymore in crypto world.

What are you on about? Aidos could have done big hype , promotions and made proper ICO and the devs could have put alot of money in their pockets fast. The Founder wants slow build up and longterm project, 80 % of the sells are going into Aidos foundation. 20 % is resevered for the Dev Team. i find that fair and honest

As for usage,, how about Darkmarkets ? offshore banking??, Aidos founder is in Financial sector and he will bring in banks.

What I mean here, is I want to know where is my money going to by buying this coins. Is it just going to be like a coin just for remitance system? banking? Or the main area is its zero fee transactions? IOTA already have that right?
So what's new? I don't mean to FUD, I just wanna know, If i put my money into this, then what's the catch? What's the feature?

btcmerich

sr. member

Activity: 339

Merit: 250

Quote from: minime0105 on June 15, 2017, 03:47:34 AM

Quote from: piebeyb on June 08, 2017, 10:45:48 PM

I see this exactly with IOTA and ByteBall does not use a fee on the transaction, so how does Aidos Kuneen concept to everyone who holds it in their wallet.

This cant be like byteball, The way of coin distribution is allright to fight monopoly, but the thing here, is where will it be used?
In what I can see now, It is like just giving free money to the developers. Nothing innovative really, people needs to stop being greedy for profits, to stop this kind of nonsense coins.
Thats why coisn like this and new ICOs is becoming cancer already of the crypto world is that, old coins room for development is being limited. Instead of the community suggesting a way for old coins to improve, they will make an ICO and a new coin. This is not looking good anymore in crypto world.

What are you on about? Aidos could have done big hype , promotions and made proper ICO and the devs could have put alot of money in their pockets fast. The Founder wants slow build up and longterm project, 80 % of the sells are going into Aidos foundation. 20 % is resevered for the Dev Team. i find that fair and honest

As for usage,, how about Darkmarkets ? offshore banking??, Aidos founder is in Financial sector and he will bring in banks.

Topic: [ANN] Aidos Kuneen: Anonymous & Zero fees [Banking + Instant conversion to fiat] - page 53. (Read 57065 times)