Topic: [ANN] FIMK: 2.5G POS, extra block rewards, messaging, asset colors, p2p shopping - page 35. (Read 184335 times)

There aint many altcoins with a plan like this one. If everything goes as planned, FIMK will be one of the most wanted coins and a coin with an actual usage.

https://bitcointalk.org/index.php?topic=633304.msg8861578;topicseen#msg8861578

THE FIMKRYPTO MASTERPLAN                               August 31st, 2014
FIMKRYPTO PROJECT TIMELINE, 6-MONTH DEVELOPMENT ROADMAP

September 2014:
- [tech deployed] SMS short message payment gateway
- [tech deployed] mobile invoicing and SMS wallet
- [tech starting] Kryptoradio nationwide transaction broadcast begins
- [tech deployed] EUR asset exchange
- [tech deployed] community incentives automation (forum tipping & fund transfers)

October 2014:
- [operations commence] national basic income begins for opt-in citizens
- [tech starting] merchant gateway service with instant EUR conversion and billing
- [operations commence] merchant incentivization program
- [operations commence] "almost free" strong authentication of FIMK users to 3rd party service providers
 
November 2014
- [operations ongoing] merchant incentivization program
- [tech starting] Kryptoradio portable merchant device
- [tech deployed] Community client release with email and SMS payments
- Krypto FIN ry opening party for members

December 2014
- [operations commence] advertisement campaigns for FIMKrypto and national basic income
- [operations ongoing] merchant incentivization program

January 2015
- [tech starting] FIMKrypto disbursement & exchange ATM machines

February 2015
- [tech starting] pre-paid FIMK debit cards

March 2015
- power campaign and incentives for converting fiat to FIMK - cash (ATM), EUR / USD (exchanges), Bitcoin / altcoins (exchanges), credit cards (exchanges / association), SMS messages (exchanges / association)

I haven't heard any news on FIMK lately.  The next thing listed on the website is the release of FIMK to the citizens which seems like it would dilute the value more. Anything else going on?  Is there a better site to get news from?  Why should I be investing in FIMK right now?

If someone wants to buy FIM coins - it is possible to buy up to 127 000 FIM right now at Nxt Asset Exchange  ...

... at 30 NXT/1000FIM, which translates to 0.00000228 BTC/FIM  - compare it with 0.00000385 BTC/FIM at DGex !

In order to trade FIM at Nxt AE just use 1000FIM Gateway.

Are you going to implement some unique features?

- hmmm..   did you see at which question I had answered?

It is appreciated that des support to the community by providing a FIM AE, but the right thing to do is see the demand, not supply, And we can see that:
1st position of demand: 1 x 25 25 NXT
2nd position of demand: 28.25 x 20 565 NXT
3rd position of demand: 200 x 14  2800 NXT
4th position of demand: 300 x 13 3900 NXT
5th position of demand: 10.0011 x 11 2000.22 NXT

that is to say, there are a total of 9290 NXT in demand, What is equivalent to 0.7432 BTC

all the demand does not reach 1 BTC, obviously the liquidity is minimal, that is why it is fair that you know those who want to buy that AE.

The AE are a brilliant invention, but are very new and by experience i know that those who succeed are those who have a support of the promoter or other investors. It is clear that this AE of FIM, it does not.

If someone would like to sell 100 1000FIM now, the price would not 30 NXT/FIM (0.00000240 BTC/FIM ), but :

1x25 28.25x20 70.75x14 = 1580.5 NXT

that gives us an average price of 1580 / 100 = 15.80

15.80 NXT NXT/ 1000 FIM is contracting to 0.00000126 BTC/NXT

Again, thank you for supporting the community FIM, but let us be careful with the information that we, is not the same offer that demand.

- you can also buy FIM (for NXT) at p2p exchange (like localbitcoins) https://nxtex.net/

At Nxt Asset Exchange you can buy up to 70 000 FIM ...

... at 30 NXT/1000FIM, which translates to 0.00000240 BTC/FIM, which is 37% less then at DGex !

In order to trade FIM at Nxt AE just use 1000FIM Gateway.

on dgex, nxt AE (Asset id: 12404894802398759379), or fim AE (Asset Id:  2339799191405258101, btc assets could be bought here: http://fimkassetification.tk/)

No, I think they're wrong, you can't talk of lack of interest of the investors when we are not a complete exchange, what we have is an exchange, Dgex, where you cannot send FIM and AE in NXT called that is used by many investors less than they use BTC.

If we had a full exchange in BTC we could comment on the interest of investors.

Even some AE of jl777, Atomic, freemarket ... are exchanged in Bter since the first day.

How is it possible that FIM do not also after so many weeks?

just found this thread for the first time
where to BUY?

- liquidity is minimal because this coin is not interesting for investors. Not because the lack of exchanges.

Graviton had been working on this new exchange for a long time. He was due to implement it when the theft happened. This was just a set back and I'm sure he'll come back more competitive than ever.

Its maybe a bit harsh saying it but it almost feels like the "FIMK community" was only acknowledged by devs before and immediately after the record IPO and now its almost as if we are told to just go away and leave them to it. I think its dangerous to ignore what people are asking for. Good example is Dgex. Everyone wanted the Graviton to evolve but he just would not listen and kept on trying to do things his way and I am sad to say its going to take a miracle to get Dgex to be a competitive exchange again. No one knows about FIMK because its not listed so even if the devs create something amazing who is going to know about it.

OK, glad it's not me. I certainly don't want to sell. I'm happy holding at this point. But, seeing all the empty blocks is a bit sad. I think part of it is due to the lack of liquidity and exchanges. People won't use the coin, if they can't get their hands on it.

I have the same problem, cannot deposit FIMK to Dgex and the AE is not a solution because the liquidity is minimal. It is clear that the exchange is not the priority number 1 of the dev. It is not possible to say that we should not be patient, we do not have an exchange to buy or to sell Fimkripto: when will we have it?

It's still not possible to deposit FIMK to DGEX.
Graviton (DGEX CEO) works very slow! Maybe you have the best chances to connect him at this place: https://nextcoin.org/

Does anyone have any contact with dgex? I still get all kinds of error messages when I log in and or try to get a FIMK deposit address.

The account identification procedures launched in a couple of weeks will tackle some of the AE trustworthiness issue.

The association requires government issued electronic id from all accounts eligible to the basic income. These accounts can then be used for strong authentication after they're marked as identified. Asset issuers can release assets from authenticated accounts. If they choose to make their id data public, its validity can be technically confirmed from the blockchain. If they choose not to make it public, in any case the association will have access to the id data in cases of fraud investigation etc.

The strong identification feature is optional, thus people can still operate their FIMK accounts, issue assets etc. from unidentified accounts. Serious, legal businesses will however have a strong incentive to use identified account. Unfortunately this feature is only available to people with their id data in the Finnish electronic databases (most people residing in Finland and some foreigners).

Decentralized escrow has been in the FIMK initial blueprint and will likely be implemented in the future when some more planned features of the NXT core become available to make this task more feasible.

I am sure there are a lot of unregulated exchange in the world too

Yes i think that`s right. Scams will not only be a Problem for FimK. But that doesn't help.

Maybe a system can be created, that decreases the risk. For example: 
It's only allowed to create and sell assets if x % of the whole value of the assets are paid to an escrow-system. Or if the asset-creator has not enough Fimk, he can give his ID to the escrow-system. So the asset-buyers are much more safe. After a certain time the Fimk will be paid back to the asset-creator or his ID will be deleted.
If persons want money from strangers and have no evil intent, then they should not have problems with a system like these.