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Topic: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat* - page 256. (Read 418460 times)

sr. member
Activity: 471
Merit: 250
Basically the delay must have been known to the devs beforehand.
Which brings me to the conclusion, that you ran out of money and lied to the community about the progress of your project.
This would also explain the hasty ICO, which you started shortly after opening the thread.
While your alpha looks really nice and the whitepaper is really good, youre actions on the community are not to be accepted.

For me, this means that I will sell my Heat tokens shortly after you release them and will not reenter. Period.
sr. member
Activity: 247
Merit: 250
Update from Devs - how are things going?
sr. member
Activity: 268
Merit: 250
Can we get an update to what is the percentage spent on what aspect?
It's estimated a more detailed budget to be available at the share release investment brochure in November.

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When HEAT opens its doors i do think we will be blown away and thus all going in on the IPO.
We hope so too!

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Are you getting out of NXT ARDOR or did you already on Nxt?
We received 5.6 Million ARDOR, 90% the amount of the NXT received in the ICO. We haven't sold any ARDOR in expectation that the BTC / NXT rate may rebound, thus making it more effective for us to liquidate crypto to EUR. The three exchange rate ladders of ARDR -> NXT -> BTC -> EUR combined have a potential for leverage of a great impact (which goes both ways unfortunately)...

As for liquidation of the ICO funds in general, it's a slow process that can't be rushed for several reasons. We're thus forced to take on a set of gambles regarding the liquidation rates. Being a necessity, it doesn't hurt as much to see the rates swing as greatly as they do, making the company's theoretical fortunes fluctuate in significant amounts in a short time.

Until this point we converted to BTC about one third of the NXT received. It's not simple to decide about what to do with the remaining 4 Million, as the rate is only about 25% of what it was at the ICO time. It could still decline risking further loss of operating funds, yet it's not appealing to sell at these rates.

Eth also are completely untouched at this point.

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Also are you sitting on FIM or did it just jump?
The FIMK isn't liquid currently and in the near to mid term future - as planned - so we're sitting on that. There are discussions ongoing about other possible uses of the 200+ Million FIMK stack held by the company. I'm still the chairman of the FIMK association and do coordinate projects with mutual interest for FIMK and HEAT likewise whenever possible. Stating that the non-profit nature didn't support commercial expansion doesn't mean those particular qualities of FIMK are completely unusable. They're actually very beneficial in some instances.


ok thanks for the response.

The Nxt is not a complete loss as the ARDOR is still there that perhaps is at a low so both if they went up 30% would be back to initial price.

Are you doing any recruitment or does Dennis feels he is better alone at this?

Place a notice board for talent needed and perhaps people will volunteer to help on the hope of being paid.

Perhaps paid in FIM with the idea you will be finding a use for it at some point within the system.

Regardless Cheers..
member
Activity: 70
Merit: 10


colorway concept with wallet ides (dark theme) - white theme will follow

vry coool looking wallet design !  Wink
hero member
Activity: 773
Merit: 500
Heatledger.com
Can we get an update to what is the percentage spent on what aspect?
It's estimated a more detailed budget to be available at the share release investment brochure in November.

Quote
When HEAT opens its doors i do think we will be blown away and thus all going in on the IPO.
We hope so too!

Quote
Are you getting out of NXT ARDOR or did you already on Nxt?
We received 5.6 Million ARDOR, 90% the amount of the NXT received in the ICO. We haven't sold any ARDOR in expectation that the BTC / NXT rate may rebound, thus making it more effective for us to liquidate crypto to EUR. The three exchange rate ladders of ARDR -> NXT -> BTC -> EUR combined have a potential for leverage of a great impact (which goes both ways unfortunately)...

As for liquidation of the ICO funds in general, it's a slow process that can't be rushed for several reasons. We're thus forced to take on a set of gambles regarding the liquidation rates. Being a necessity, it doesn't hurt as much to see the rates swing as greatly as they do, making the company's theoretical fortunes fluctuate in significant amounts in a short time.

Until this point we converted to BTC about one third of the NXT received. It's not simple to decide about what to do with the remaining 4 Million, as the rate is only about 25% of what it was at the ICO time. It could still decline risking further loss of operating funds, yet it's not appealing to sell at these rates.

Eth also are completely untouched at this point.

Quote
Also are you sitting on FIM or did it just jump?
The FIMK isn't liquid currently and in the near to mid term future - as planned - so we're sitting on that. There are discussions ongoing about other possible uses of the 200+ Million FIMK stack held by the company. I'm still the chairman of the FIMK association and do coordinate projects with mutual interest for FIMK and HEAT likewise whenever possible. Stating that the non-profit nature didn't support commercial expansion doesn't mean those particular qualities of FIMK are completely unusable. They're actually very beneficial in some instances.
sr. member
Activity: 268
Merit: 250
The ICO money collected is there to be used for the betterment of HEAT.

AND i think it is active and moving.

Can we get an update to what is the percentage spent on what aspect?

I am all for you getting the BTC, NXT, ETH out and used well eg spent.

When HEAT opens its doors i do think we will be blown away and thus all going in on the IPO.

I also think BTC and ETH and NXT ARDOR could be topped.. I do think NXT ARDOR has bottomed but that is to be seen.

Are you getting out of NXT ARDOR or did you already on Nxt? Also are you sitting on FIM or did it just jump?

Techincal updates i do not really ask for as I know your Nxt background, FIM backgound and i think your Bitshares knowledge.

But how are funds we gave you being allocated.

Give us something to chat and speculate about.

Cheers..
legendary
Activity: 1205
Merit: 1000
is there an official slack channel with developers or promoter?

There is a slack on Supernet slack: sprnt.slack.com
sr. member
Activity: 360
Merit: 250
hero member
Activity: 1014
Merit: 1055
is there an official slack channel with developers or promoter?
hero member
Activity: 573
Merit: 500
Bitcore BTX
Thank you very much guys,
i will do some other Styles and post it on this thread too.

wish a nice day to all!



Ok cool, looking forward to it. seems you are very talented on UI design, maybe you create the one which fits perfect at the end.
hero member
Activity: 1014
Merit: 1055
Any updates on when we get our coins? Huh

it will be on the heatday. it will be announced anywhere to celebrate. Stay tuned and asking. Thanks for asking, this question NO ONE asked before.
jr. member
Activity: 31
Merit: 250
Thank you very much guys,
i will do some other Styles and post it on this thread too.

wish a nice day to all!

hero member
Activity: 573
Merit: 500
Bitcore BTX
Looking way better than first snippets which came in few weeks ago. Slogan should be "unlimited scability" and design something more techy elegant, something you like to trust your money to (kraken is doing it well, or Gemini). But nevertheless I like the communication in this projects thread. Very nice feelings on the heat community though. Looking forward for what's coming over the next week's and especially month's. Keep on the good work
hero member
Activity: 1302
Merit: 540


colorway concept with wallet ides (dark theme) - white theme will follow

Looks very beautiful indeed.
lets see how this cute impressive looks will attract more investors good luck dev.
full member
Activity: 158
Merit: 100


colorway concept with wallet ides (dark theme) - white theme will follow

Looks very beautiful indeed.
newbie
Activity: 2
Merit: 0
Unlimited Scalability sounds better
sr. member
Activity: 448
Merit: 250


colorway concept with wallet ides (dark theme) - white theme will follow


That looks really awesome! I agree with the other peoples comments but the colours are beaut!
sr. member
Activity: 364
Merit: 250
Any updates on when we get our coins? Huh
There is a new roadmap in the OP. No news on release other than that.

Quote
PRELIMINARY SCHEDULE

July 11th 2016 12.00 GMT -> August 8th 23.59 GMT ICO
August 1st 2016  Whitepaper
September 21st 2016 Testnet, alpha client
October TBA 2016 ICO verification period 10-14 days
October - November 2016 Genesis block, livenet beta client
November - December 2016 Heat Ledger Ltd options + share emission, crowdfunding platform

Not so sure about the tagline either. Either say Scalability Matters (drop the "Because" as it doesn't read well) or use the "3rd Generation" motto.
hero member
Activity: 658
Merit: 500
Any updates on when we get our coins? Huh
There is a new roadmap in the OP. No news on release other than that.

Quote
PRELIMINARY SCHEDULE

July 11th 2016 12.00 GMT -> August 8th 23.59 GMT ICO
August 1st 2016  Whitepaper
September 21st 2016 Testnet, alpha client
October TBA 2016 ICO verification period 10-14 days
October - November 2016 Genesis block, livenet beta client
November - December 2016 Heat Ledger Ltd options + share emission, crowdfunding platform
full member
Activity: 234
Merit: 100
Any updates on when we get our coins? Huh
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