Topic: [ANN] [GDGC] GadgetCoin | IoT | M2M |Smart Contracts on Hardware - page 23. (Read 88548 times)

sweet, thanks gadgetcoin team!!!
The value of my Gadgetcoin wallet just doubled or tripled         

Development Update

We have a press release about the latest developments surrounding GadgetNet and GadgetCoin.

Open-source Internet of Things micropayment processing hits the market
 
Today ZoVolt Ltd and GadgetNet LLC announced a partnership to bring open source Internet micropayment processing to the mainstream market. The two companies will work together to develop a secure IoT solution based on block-chain technology that will enable consumers to unlock the full potential of their Internet of Things gadgets. By securing and streamlining the way the devices interact with the user a whole new realm of possibilities are opened up for system integrators and manufacturers looking to breach the divide between machine and consumer.

ZoVolt Ltd will bring years of hardware and software development experience to the partnership, having been developing a wireless ECG sensor for the telemedicine sector since 2013. GadgetNet LLC will bring its open source community development to the partnership and manage the project.
Tibor Pardi, CTO of ZoVolt stated that “There is clear synergy between the two companies and we are delighted to be bringing our expertise to the table to try and make this partnership successful”
The first practical application of the partnership will be the streemo peer-to-peer live video streaming service at http://www.streemo.net, which will be going live shortly.

About Zovolt Ltd – Zovolt Ltd is a technology company located in Herefordshire, UK – specializing in secure Internet of Things solutions and  embedded devices development. The company has successfully gone through their first round of seed funding and are now actively developing a secure IoT software framework and a wireless ECG sensor to deliver sensitive patient data to doctors remotely.

About GadgetNet LLC – GadgetNet LLC is a Delaware based company specializing in block-chain technology, open source peer to peer and digital currency software development. GadgetNet is currently actively involved in managing and setting up the streemo.net peer to peer video steaming service.
 
CONTACT: Tibor Pardi (CTO of ZoVolt) [email protected]

http://www.newswiretoday.com/news/153924/

In this partnership we will be responsible for the
- Open source releases and maintaining the open source code base
- Updating the community with the latest news about GadgetNet
- Managing the project
- Developing and maintaining GadgetCoin  

ZoVolt Ltd will be
- manufacturing GadgetNet specific hardware such as the development board
- donating development resources to complete the P2P live video streaming application and the IoT micropayments framework
- donating hardware and hosting our services until we have revenue and can manage that by ourselves
- taking the technology to IoT system integrators by providing support and consultancy services

The GadgetCoin team would like to say a huge thank you for ZoVolt Ltd for their support and working with us to make the GadgetNet technology a success!

Development Update

We have a press release about the latest developments surrounding GadgetNet and GadgetCoin.

Open-source Internet of Things micropayment processing hits the market
 
Today ZoVolt Ltd and GadgetNet LLC announced a partnership to bring open source Internet micropayment processing to the mainstream market. The two companies will work together to develop a secure IoT solution based on block-chain technology that will enable consumers to unlock the full potential of their Internet of Things gadgets. By securing and streamlining the way the devices interact with the user a whole new realm of possibilities are opened up for system integrators and manufacturers looking to breach the divide between machine and consumer.

ZoVolt Ltd will bring years of hardware and software development experience to the partnership, having been developing a wireless ECG sensor for the telemedicine sector since 2013. GadgetNet LLC will bring its open source community development to the partnership and manage the project.
Tibor Pardi, CTO of ZoVolt stated that “There is clear synergy between the two companies and we are delighted to be bringing our expertise to the table to try and make this partnership successful”
The first practical application of the partnership will be the streemo peer-to-peer live video streaming service at http://www.streemo.net, which will be going live shortly.

About Zovolt Ltd – Zovolt Ltd is a technology company located in Herefordshire, UK – specializing in secure Internet of Things solutions and  embedded devices development. The company has successfully gone through their first round of seed funding and are now actively developing a secure IoT software framework and a wireless ECG sensor to deliver sensitive patient data to doctors remotely.

About GadgetNet LLC – GadgetNet LLC is a Delaware based company specializing in block-chain technology, open source peer to peer and digital currency software development. GadgetNet is currently actively involved in managing and setting up the streemo.net peer to peer video steaming service.
 
CONTACT: Tibor Pardi (CTO of ZoVolt) [email protected]

http://www.newswiretoday.com/news/153924/

Thank your for your support, the VICR is currently not available and we will inform the community here regarding to how we continue with the VICR contracts.

I received my bitcoins from my mining and wanted to throw one more at a VICR contract. the VICR it is not available. is it stopped? will it be available?

The idea is exactly same as with the stream server node, except the P2P node will be more user friendly and require no compiling nor extensive configuration, maintenance (though it will be open source and users can compile it from source if they want).
Also, it will earn less than a stream server node. The main idea with the P2P client is not much to earn GDC, but enable scalable live streaming and get the live video content to viewers on a significantly cheaper price. For example, users pay US$ 5.00 per month to a gamer at twitch.tv and P2P live streaming allows us to deliver the content cheaper at streemo.net or if the charge will be US$ 5.00 then the broadcasters will have lot more profit.

how to run a p2p node to get ores? not a stream server node

That's the plan, keep the supply low by forging very limited number of coins as well as burning them once the network fee paid using the coins.
 

limited supply is ok

The development team has been discussing the staking, but in the context of GadgetNet the staking (POS) is more complicated than for other currencies. Personally, I believe the staking will cause a severe volatility to the price of GadgetCoin.
The broadcasters must buy GDC in order to cash out and if there is limited supply then the price of GDC could jump very high. Let say there is 1,000 GDC demand from broadcasters to pay the network fee but only 100 GDC is available because the rest of coins are staking and paused in the contracts. The limited supply means the price will jump to US$ 10 immediately. Since the price is irrelevant for the broadcasters - as they will pay the 5% of a FIAT amount to cover the network fee and it is indifferent to them on what price they can buy the coin -, the coin owners will be probably very happy with a high price and when the price jump to US$ 10.00 I assume the coin owners would like to sell the coins for that high price to realize a 3,000% ROI on the VICR price. However, once the staked coins entered to this internal market the price will crash to US$ 1.00 again. I am not sure if the coin owners would be happy with such volatility.

Can we have staking on the account balance if the VICR contract is paused in case when the contract owner expects a higher price and doesn't want to sell the coins for USD 1? It would be cool to stake at 5-10% interest rate.

What I have been saying here and everywhere that there are 1,000 altcoins and this is one of the handful coins that actually could make its way to the masses. How is that a FUD?

Whoever will come up with the P2P live video streaming first it will change the whole TV industry, the application which can do the P2P live streaming will be a multi billion dollar business.

http://bit.ly/1HQxZUa

http://bit.ly/1KSaZEX

These guys are working on this subject and I support them everywhere I can.

I don't suggest we don't need social media presence, quite the opposite, I am the very few who actually retweets the messages of GadgetCoin. What I am saying is that the VICR message is not necessarily the most effective way to build a loyal supporter base.

The Twitter presence is very useful and the marketing team is doing a wonderful job on that front. It generates interests from outside of crypto. We have been receiving inquires from industry experts with questions and suggestions which help us to improve the platform.

Of course we should discuss whether the VICR content of the campaign is the correct one, but itself the Twitter presence is very important and it seems helps in spreading the word about GadgetCoin.

Please follow us on Twitter at https://twitter.com/GadgetCoin

Please stop listing to FUD! Do not stop contracts. Do not take advice from people asking you to stick your head in the sand. This is awesome project that is only lacking one thing to get funding and a very awesome future. People knowing about it. These forums are a tiny little drop in the bucket in the real world. You should be doing a lot more on social media. Not less. Spread the word more and this will sell itself.

We will post a notice here three days before stopping the contract.

@mtomcdev   if want to stop the VICR sells，please  notify us some days in advance,  Let it us have last Chance to buy the contract.

I suggest to stop the VICR contracts. Not because I got some and I don't want more coins to be forged :-)))) and I understand the dev boys are desperate to build a supporting user base and community via the VICR, but the Twitter, Facebook, etc. campaign does more harm than good.

We can achieve the goals of the project without the confusing VICR contracts. If and when the project need investment to expand, and  if the development work out according to plans then there won't be an issue to get 50K-100K from angel investors and the bigger money from VCs.

How long the VIRC will be available? I want to get some next week, will it be still available?

We have a QQ group again the ID is 148838719.

Thank you for the wonderful support of our Chinese community members in their local environment at QQ.