Moreover they want to do a decentralised domain eco system. Really good project ! 
Topic: [ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system - page 17. (Read 31790 times)
August 17, 2017, 09:09:06 AM
Investing in domains, selling domains and be rewarded for our action is great Moreover they want to do a decentralised domain eco system. Really good project !
Moreover they want to do a decentralised domain eco system. Really good project ! 
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?
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?
August 17, 2017, 07:54:02 AM
So did we get an answer about the actual fees other than they will be lower that other markets?
I would like to know the actual percentage, because its not mentioned in whitepaper.
Still not yet, but yeah it will be good if we can find out the actual percentage I would like to know the actual percentage, because its not mentioned in whitepaper.
August 17, 2017, 07:49:36 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
Mate, read white paper and then judge! ICOs are like start-ups. They need money for development and it most cases price of tokens rises couple hundreds %
I don't think he is judging the project. He is probably just curious about if the possibility of using the block chain technology has been the main reason for starting the project here or just because it is also a good and easy way to crowdfund a project
Yeah, the question is interesting. I would like to know too how the founders learned about blockchains and cryptocurrencies
I'm not judging the project. Both reasons are legit, but I'm interested in it, since the defs are not seeming like the typical crypto enthusiasts (I've allready read the whitepaper). I mean, the idea of crowdfunding with crypto is a good one, since "normal" people have the chance to participate.
My bad
. If they hire some cryptomagician for programming everything should be good. I'm rooting for this one 
August 17, 2017, 05:53:12 AM
Nametoken will allow to host any kind of site even the ones with illegal content on them?
Why would they host sites?
I suppose that is part of the value proposition when Nametoken talk about decentralized domain eco system. But there are indeed not too many details to be found about both the technical and legal aspects.
For example, what is the use-case for splitting the files instead of mirroring? Why are the files encrypted on the cloud system and published at the same time?
...
Wait a minute, are we talking about file hosting services rather than website hosting? That changes the topic quite a bit!
Im curious if they really want to adopt a decentralized hosting platform, for file hosting or websites whatever.
I guess they talking about file mirroring as to split copies of a file over multiple servers.
August 17, 2017, 05:44:34 AM
So did we get an answer about the actual fees other than they will be lower that other markets?
I would like to know the actual percentage, because its not mentioned in whitepaper.
I would like to know the actual percentage, because its not mentioned in whitepaper.
August 17, 2017, 05:41:46 AM
Nametoken will allow to host any kind of site even the ones with illegal content on them?
Why would they host sites?
I suppose that is part of the value proposition when Nametoken talk about decentralized domain eco system. But there are indeed not too many details to be found about both the technical and legal aspects.
For example, what is the use-case for splitting the files instead of mirroring? Why are the files encrypted on the cloud system and published at the same time?
...
Wait a minute, are we talking about file hosting services rather than website hosting? That changes the topic quite a bit!
August 17, 2017, 05:32:43 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
Mate, read white paper and then judge! ICOs are like start-ups. They need money for development and it most cases price of tokens rises couple hundreds %
I don't think he is judging the project. He is probably just curious about if the possibility of using the block chain technology has been the main reason for starting the project here or just because it is also a good and easy way to crowdfund a project
Yeah, the question is interesting. I would like to know too how the founders learned about blockchains and cryptocurrencies
I'm not judging the project. Both reasons are legit, but I'm interested in it, since the defs are not seeming like the typical crypto enthusiasts (I've allready read the whitepaper). I mean, the idea of crowdfunding with crypto is a good one, since "normal" people have the chance to participate.
August 17, 2017, 05:15:46 AM
I have been holding onto a few token/coin based domains for some time now. The current options for selling your domains are not the best they can be. I will keep an eye on this one. Hopefully, this project makes it full operation and I will be able to sell off my disneycoin.com domain to Disney for a million dollars. Or my BTCpals.com to Paypal for another million. Wish I would've bought coca-colacoin.com when I had the chance.
August 17, 2017, 05:10:46 AM
Nice project in lucrative business. Team is looking like they have good experience. It is giving %50 bonus right now and i think their goal is 20200 btc which is huge.
It looks like nat is a good investment.
It looks like nat is a good investment.
August 17, 2017, 05:02:16 AM
There are a lot of questions but not so many answers...
Now the ICO is running there should be a dev present here who can answer all of these questions.
The more questions been answered the more people are doing a buyin.
Or... gather all the questions and do a live video on Youtube or Facebook:
* people can see the faces behind this project
* you dont have to type
* it only takes minutes to please a lot of people
WIN WIN
Now the ICO is running there should be a dev present here who can answer all of these questions.
The more questions been answered the more people are doing a buyin.
Or... gather all the questions and do a live video on Youtube or Facebook:
* people can see the faces behind this project
* you dont have to type
* it only takes minutes to please a lot of people
WIN WIN
August 17, 2017, 04:57:27 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
Mate, read white paper and then judge! ICOs are like start-ups. They need money for development and it most cases price of tokens rises couple hundreds %
I don't think he is judging the project. He is probably just curious about if the possibility of using the block chain technology has been the main reason for starting the project here or just because it is also a good and easy way to crowdfund a project
Yeah, the question is interesting. I would like to know too how the founders learned about blockchains and cryptocurrencies
August 17, 2017, 04:51:17 AM
Nametoken will allow to host any kind of site even the ones with illegal content on them?
Why would they host sites?
August 17, 2017, 04:48:41 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
Mate, read white paper and then judge! ICOs are like start-ups. They need money for development and it most cases price of tokens rises couple hundreds %
I don't think he is judging the project. He is probably just curious about if the possibility of using the block chain technology has been the main reason for starting the project here or just because it is also a good and easy way to crowdfund a project
August 17, 2017, 04:46:02 AM
Nametoken will allow to host any kind of site even the ones with illegal content on them?
August 17, 2017, 04:41:41 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
Mate, read white paper and then judge! ICOs are like start-ups. They need money for development and it most cases price of tokens rises couple hundreds %
August 17, 2017, 04:26:53 AM
When did the idea develope to include a cryptocurrency your Project? Was it, when you realize how easy it is to collect money with this form of crowdfunding, or was it the technology itself?
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August 17, 2017, 04:01:24 AM
I am not very familiar with domain hosting and some of the terms in this field but i am a crypto enthusiast and it's the reason why i am following and watching this thread, i see this project and while reading it caught my interest and i believe this will prosper and will succeed.
August 17, 2017, 03:37:30 AM
Nametoken seems like very good project! Nice, active dev team and many backers. Keep it up!
August 17, 2017, 03:06:43 AM
Dont forget to join the nametoken bounty campaign everyone.
Here is the link : https://bitcointalksearch.org/topic/annbounty-nametoken-bounty-giving-away-1000000-2080647
And maybe you want to consider putting this link on the first page dev, because usually other project are also like that.
Just a suggestion
Here is the link : https://bitcointalksearch.org/topic/annbounty-nametoken-bounty-giving-away-1000000-2080647
And maybe you want to consider putting this link on the first page dev, because usually other project are also like that.
Just a suggestion
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