Topic: [ANN] [GDGC] GadgetCoin | IoT | M2M |Smart Contracts on Hardware - page 24. (Read 88533 times)

Thank you for your support, all developers are really appreciate it.

Naturally, we are very disappointed that the crypto community is disinterested in our idea and only a handful users support us in Bitcointalk. Our idea is to connect as you said real world use cases to a crypto currency and it is a bit disheartening  that the crypto community is not interested in this aim, but the lack of support motivates us to review what and how to improve in the process. Regardless of the unpopularity of our idea, as we promised we go ahead in implementing what is on the roadmap. We will partner up with adult service providers, gamers, health care and security businesses and IoT system integrators - these very different use cases will be using the common GadgetNet blockchain, P2P streaming technology and IoT micropayment framework. Having a very small community supporting us the work will take longer, but we will get there.

Terms of marketing, I agree a new plan is required in that area. I suggest to wait about 2 weeks and then we can re-evaluate how to proceed. We have been receiving very encouraging enquiries from industry professionals, and while the disinterest in Bitcointalk is disappointing, based on the interest from real world businesses we are very optimistic about the future of our IoT blockchain application. Not least, because we signed a partnership agreement with a UK based technology company today to develop and promote our technology. The details will be released next week.

don't stop the vicr I want to buy more next week 

Devs,

I really like what you try to achieve and I bought several VICRs. I already gain a lot from this project by learning a lot about IoT and seeing your white paper, development board, blockchain and the rest what you have I know you will deliver. So I am not pressing anything nor complaining, but I think we need to discuss what next?

I understood that your plan was to build a strong community, but be honest to ourselves it is not going to happen here. A few of us like your coin, but the BCT community couldn't care less about this coin despite you clearly have real world use cases (adult web-cam, game broadcasting, security CCTV, etc). It's quite clear you are not going to build a community here. That means you are not going to get help on the marketing front from the non-existent community. Your plan was that the growing community will help advertising the platform - that's not going to happen. So how you are going to continue? What's the plan?

Again, since this is one of the handful coins in the crowded strong altcoin market which has a real purpose, I am sure all VICR owners will be patient, I certainly will be, because we understand to implement and make profitable a serious application takes time. On the other hand if something doesn't work like your community building and marketing plan then better to discuss the next step.

Your streemo live video streaming platform will be a winner, the IoT blockchain will be used by real world businesses. Everything looks really cool except the marketing and expansion plan, so lets discuss it.

Also, is it worth to continue the VICR? The little interest probably does more harm to the project than help in progressing.

it is ok now

Thanks for reporting the error. As I said now it works fine, but also I can see the errors from earlier today in the detailed log file, and I can understand you received the 4096 error. We will try to get to the bottom of the problem.
Sorry for the inconveniences.

it happened today, i asked another one to try on his pc,and he also have this problems

Please try again, I think it is operational. I am not sure what was the issue, I can't see any errors, but we will investigate it.
Sorry for the inconvenience.

Thank you for pointing this problem out. We are looking into it. I will let you know when the error is resolved.

can't  buy contracts any more?

when i buy the contracts ,it shows "Error  Transaction error. Error code: 4096"

what is the problems?

被解散了·

There is a post at our blog site it was submitted yesterday to explain the streemo application.

I will try to find out.

Could you please post here what is the Chinese QQ group code?

That's correct. As we explained it several times in this thread, GDT is an internal medium of exchange to manage the transactions and provide solution for the volatility of digital currencies. Broadcasters wouldn't work with us if their income would be measured in a volatile digital currency. The models want to get paid a fixed amount of US dollar for a given time of broadcasting, for example 3 US$ per minute. First the BTC and USD buy-ins of the customers are translated to an internal token (GDT) on a US$ 1.00 per GDT exchange rate, just like LiveJasmin and Myfreecams and all other sites use Token as internal medium of exchange. When the broadcasters cash out then their tokens (GDT) are converted back to USD on a US$ 1.00 per GDT exchange rate or BTC if they wish to receive Bitcoin.

Thanks! So basically GDT is just a placeholder for FIAT and BTC on the GDC blockchain?

Sorry for not replying the original question  The GadgetToken will be pegged to 1 USD and it can be converted to FIAT or BTC. This is a must, otherwise the broadcasters won't be working on the Gadget network.

In the context of the VICR contract it cannot be less than US$1. The VICR contract says that the system won't purchase GDC behalf of the broadcasters for less than US$ 1 - the smart contract simply won't execute on a less than US$ 1.00 price. That's the price the broadcasters must pay for 1 GDC in order to pay the network fee and to be able to cash out. So yes, if you sell the GDC to the broadcasters via the automated system process of VICR execution, then the price cannot be less than US$ 1.00.
What will be the price outside the VICR framework we don't know. Coin holders can trade the coins for any price, though we hope the price will reflect the effort goes into the technology and the potential in the P2P use cases.

Terms of the exchange, we agreed a few pages back that the coin will be on the exchanges permit that the exchanges accept this completely new blockchain. We haven't copied a line from Bitcoin nor Litecoin, so we don't know how that will be seen by the exchanges. We will release an open source wallet very soon so I think the exchanges should accept the coin. It seems so far the blockchain is stable and we are processing transactions with less than 1 second confirmation time, that should be good enough for the exchanges.

So GadgetToken will always be $1 correct? As well as instantly redeemable for USD or BTC?

Also you are ok with GadgetCoin being on exchanges? I think that it is more of a positive than a negative and really is inevitable, being a coin people will trade it one way or another.

@Shame_Game
Thank you for your support. In case if you can't get VICR you will be able to forge coins at later stage by running streaming nodes or helping us with marketing. Everyone will have the opportunity to participate even without VICR holding.

@albert_mt
We will try our best to make it work. The initial stress tests indicate the solution works.

@altcoinUK
We will invite all VICR holders to Slack to discuss the DAC. According to the lawyers we must not discuss the DAC share distribution in public forum, such public offering would be against US securities laws.

@chocobo
2FA is under test at this moment in time. We will try to release it very soon, possible in the next few days. We also think it is an important feature.