[ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system - page 16.

mainconcept

sr. member

Activity: 588

Merit: 422

Quote from: yeswepump on August 17, 2017, 11:05:43 AM

Quote from: FIEX on August 17, 2017, 10:45:44 AM

Quote from: Jens79 on August 17, 2017, 10:23:35 AM

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed! Cheesy

yeah that sounds a bit too ambituos! anyway, I think first it's good to develop a nice marketplace, and then value and exchange markets will follow...

Thats true, if their is a good marketplace, the exchanges will come eventually automatically

toolucky98

full member

Activity: 490

Merit: 100

Quote from: Jens79 on August 17, 2017, 10:20:46 AM

Quote from: Elkmar on August 16, 2017, 01:49:43 PM

Quote from: Menze on August 16, 2017, 01:34:42 PM

Quote from: Elkmar on August 16, 2017, 11:13:12 AM

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question Wink

The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

So you become an intermediary between the seller and the buyer right?
And if the members will get paid by giving suggestions (doing the task), i think we will see some members who come with the same domain name. Will the first one be paid, or the payment will be shared?

yeswepump

legendary

Activity: 1162

Merit: 1011

Quote from: FIEX on August 17, 2017, 10:45:44 AM

Quote from: Jens79 on August 17, 2017, 10:23:35 AM

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed! Cheesy

yeah that sounds a bit too ambituos! anyway, I think first it's good to develop a nice marketplace, and then value and exchange markets will follow...

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Islapdonkey on August 17, 2017, 09:42:59 AM

Quote from: SEELE^^01 on August 17, 2017, 09:22:18 AM

Quote from: Rigorous on August 17, 2017, 09:05:34 AM

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.

Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:

90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).

30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

wow nice work.

i think the legal fee will be accumulated later onwards the funds they rised

neverthless, i will buy some coins at the sale and get ready for a pump, until the end of the year:)

The white paper is a good, the proposed idea has potential but i would like to see an active presence before investing my btc. If we barely getting a response during the ICO phase, i can only imaginethe form of ghosting we will have to deal with post ico. Just saying. Get someone to stay active and answer question/give updates on your thread.
Am yet to receive an answer on how they intend to pay to park domains on their website, when other website charge a fee

Yep - nice find. Maybe this is due to raising costs of development/possible legal advices?

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Jens79 on August 17, 2017, 10:20:46 AM

Quote from: Elkmar on August 16, 2017, 01:49:43 PM

Quote from: Menze on August 16, 2017, 01:34:42 PM

Quote from: Elkmar on August 16, 2017, 11:13:12 AM

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question Wink

The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

Thank you for the answer, that's really interesting.

Maybe you sjould put example of use in your whitepaper, your thread or your website.

I don't know anything about the domains market, but with your answers I begin to understand little by little the possibilities

I think that's a nice project, and cryptocurrencies are an opportunity for "classic markets", good think you're one the fist to do it in this market.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Jens79 on August 17, 2017, 10:23:35 AM

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

That are the biggest exchanges: polo, kraken, bittrex, ...
It's really not so easy to get on these exchanges. Think you have more succes to add this token on a small exchange, build up a community and make sure you get the volume.

But I like the ambition!
I really hope this ICO will be a succes! Fingers crossed! Cheesy

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

How do you intend to pay individual's to park domains on your website, when other sites charge for it. It's akin to a fitness trainer paying me to help me work out. Am really curious on how this model will be utilized to earn a profit. ppl will create multitude of domains just to earn NATS from it

Marenos

full member

Activity: 313

Merit: 106

@jens, there are many open questions, when you go threw the thread. It would be nice if you or another def could answer them by time. Some of them (also from me) are important for potencial Investors or at least nice to know the answer (;

Jens79

newbie

Activity: 38

Merit: 0

Quote from: ardentvolcanoes on August 17, 2017, 10:27:06 AM

Quote from: Jens79 on August 17, 2017, 10:23:35 AM

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

wow polo would be a nice venue for small and big traders and how about bittrex are you are also planning to request for listing this coin from
that exchange as I also wanted to see this project inside this exchange though pnd groups are there and waiting for new project to ride with.

bittrex as well. as i wrote, we are in contact with all. we want to get as much reach as possible.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: Jens79 on August 17, 2017, 10:23:35 AM

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

wow polo would be a nice venue for small and big traders and how about bittrex are you are also planning to request for listing this coin from
that exchange as I also wanted to see this project inside this exchange though pnd groups are there and waiting for new project to ride with.

Jens79

newbie

Activity: 38

Merit: 0

Quote from: Coin_trader on August 17, 2017, 10:01:47 AM

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

Of course we are in contact with all the major exchanges. We want to be at the top exchanges like polo and kraken.

Jens79

newbie

Activity: 38

Merit: 0

Quote from: Elkmar on August 16, 2017, 01:49:43 PM

Quote from: Menze on August 16, 2017, 01:34:42 PM

Quote from: Elkmar on August 16, 2017, 11:13:12 AM

Hello, nice project there.

So you have experience in domain investment.

Your system works with a domain appraisal algorithm ?

What does it mean exactly, if I'm looking for a domain you'll find a corresponding one to my needs (name, .net or .com etc ? )

Yes we work with an automatic algorithm but the really interesting results will be generated through human rating and data maintenance through our app.

br

Frank

I don't really see how it would work.

Let's say that I have a website where I give advices on investments in cryptocurrencies. I want a good domain name.

What exactly will be the procedure with your application and what will be the benefits from usinng it ?

Interesting question Wink

The thing you are looking for is just a very small part about our system.

but here is an example:

1. you are looking for a crypto related domain
2. on our marketplace you open this as a task. brand finding for your needs. you describe what you are looking for.
3. you set an amount of NAT that you want to pay for this task (if you have success getting this domain)
4. now other members can come up with suggestions of either still free domain names or domain names that are for sale. you can also check, what user rang the members at least have to have in order to make suggestions to you.

these are the first steps. but it goes further. later you can book other services. for example if a domain is for sale, you can "book" domain brokers to get you the best price (or you do the sale yourself). or if the domain is too expensive, you can do a crowdfund request, where multiple people can buy this domain and get shares on the domain name.

there are much more possibilities. we are currently working on a blog series with the core features. i will update this thread with news from there.

BR,
Jens

ParRus

full member

Activity: 490

Merit: 104

The project is unique, in the long term it must be successful

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

On which exchange you planned to add this token and when will you add this to an exhange, i'm not in a hurry, i'm just excited to know about the exchanges. Just beware yobit, this coin will die there.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Marenos on August 17, 2017, 09:44:25 AM

Yeah, think that too, the legal fees will be accumulated later.
@SEELE^^01: buying coins, just to wait for a pump isnt that good for the project. Furthermore it only helps the wales. Be smart and hold for the long run. This ist a Project with a real usecase, believe in your Investment.

You are right. if you buying tokens only for pump - than you ll have only small changes to growing. because not all tokens will be pumped... You must see to potencial real product.. Domain name is one of them, I think Roll Eyes

Marenos

full member

Activity: 313

Merit: 106

Yeah, think that too, the legal fees will be accumulated later.
@SEELE^^01: buying coins, just to wait for a pump isnt that good for the project. Furthermore it only helps the wales. Be smart and hold for the long run. This ist a Project with a real usecase, believe in your Investment.

lvsca

sr. member

Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: Rigorous on August 17, 2017, 09:05:34 AM

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.

Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:

90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).

30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

nice calculating. and, can you include how much legal fees to pay?
if dev's can rise up to 10,000 BTC, can it cover all of fees that need to pay first?

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: SEELE^^01 on August 17, 2017, 09:22:18 AM

Quote from: Rigorous on August 17, 2017, 09:05:34 AM

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.

Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:

90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).

30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

wow nice work.

i think the legal fee will be accumulated later onwards the funds they rised

neverthless, i will buy some coins at the sale and get ready for a pump, until the end of the year:)

The white paper is a good, the proposed idea has potential but i would like to see an active presence before investing my btc. If we barely getting a response during the ICO phase, i can only imaginethe form of ghosting we will have to deal with post ico. Just saying. Get someone to stay active and answer question/give updates on your thread.
Am yet to receive an answer on how they intend to pay to park domains on their website, when other website charge a fee

windreamteam

full member

Activity: 182

Merit: 100

Such a good idea. The CEO already knows this industry, always a good thing to have a team that already know their market, not always the case ^^

SEELE^^01

full member

Activity: 952

Merit: 137

Quote from: Rigorous on August 17, 2017, 09:05:34 AM

I wanted to get a more concrete overview of the planned distribution of money so I went ahead and put the numbers into the calculator.

The total supply is 98,000,000 NAT at a rate of 1 NAT = 0.00025 BTC (now ~$1) for a max. total worth of 24,500 BTC.

The Nametoken ICO is looking to raise up to 20,200 BTC in the token sale. Unsold tokens are burned.

Let's say the ICO raises 10,000 BTC, that is about 35 million EUR.

The tokens are planned to be distributed as follows:

90% of the tokens were put on sale (32M EUR), reserving 3% for Advisory/Legal (1.5M EUR) and 7% for Team (2.5M EUR).

30% of the revenue is used for Development (9.5M EUR), 10% for Operations (3M EUR), 2% for Legal (0.6M EUR).

If I got this correctly, I wonder why some of the expenditures are percentage-based instead of an estimated flat fee, such as the legal fees, development and operations. Let's say you raise 3.5 million EUR instead, will 10% be sufficient to cover the legal fees/development? Or vice versa, what purpose does the additional 90% in legal fees/development serve if you raise 35M EUR?

wow nice work.

i think the legal fee will be accumulated later onwards the funds they rised

neverthless, i will buy some coins at the sale and get ready for a pump, until the end of the year:)

Topic: [ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system - page 16. (Read 31775 times)