[ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system - page 20.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Menze on August 16, 2017, 02:57:51 PM

Quote from: cantdecide on August 16, 2017, 02:25:31 PM

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

The fees will be much lower than on other platforms. Nevertheless, due to the exceptional features, we will achieve an above-average return on the whole of various services. We will give more insights into our features over the next weeks.

br

Frank

what about fees for foreign domain? It will be the same for any country (customers) ?

Menze

newbie

Activity: 28

Merit: 0

Quote from: cantdecide on August 16, 2017, 02:25:31 PM

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

The fees will be much lower than on other platforms. Nevertheless, due to the exceptional features, we will achieve an above-average return on the whole of various services. We will give more insights into our features over the next weeks.

br

Frank

niklasmato

sr. member

Activity: 616

Merit: 263

I haven't read the full thread just yet so i was wondering.. What is your secret sauce you are referring to?
Is this some AI of machine learning system?

mainconcept

sr. member

Activity: 588

Merit: 422

Quote from: chaoscoinz on August 16, 2017, 02:53:42 PM

Is there by any chance a white paper for this startup? Huh

I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

Sure, its on their website: https://www.nametoken.io/wp-content/uploads/sites/16/2017/08/nametoken_whitepaper-2.pdf

cantdecide

full member

Activity: 336

Merit: 112

Quote from: chaoscoinz on August 16, 2017, 02:53:42 PM

Is there by any chance a white paper for this startup? Huh

I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

Yes there is, but it is a bit hidden on the website.

You can find it here: https://www.nametoken.io/wp-content/uploads/sites/16/2017/08/nametoken_whitepaper-2.pdf

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Elkmar on August 16, 2017, 02:51:00 PM

Quote from: Menze on August 16, 2017, 02:36:11 PM

Quote from: cantdecide on August 16, 2017, 11:41:42 AM

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Some teams chose to do a swap token at one point. It allows buyers/keepers to be rewarded while making the number of tokens grows again. (A very high value token can make people fear it, even if they can just buy a share of it).

Yeah that was the thing I was thinking about. But anyways, if you want to do so, I think the team can decide such a think when it goes into this direction for the tokens.

niklasmato

sr. member

Activity: 616

Merit: 263

Very nice project. I'm working myself in this environment and decentralized domain can be a big hit.
Good luck

chaoscoinz

sr. member

Activity: 1150

Merit: 260

☆Gaget-Pack☆

Is there by any chance a white paper for this startup? Huh

I am interested in this project, and I'm a little familiar with the domain business, but want to acquire a little more detail before I consider investing. Thanks

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Menze on August 16, 2017, 02:36:11 PM

Quote from: cantdecide on August 16, 2017, 11:41:42 AM

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Some teams chose to do a swap token at one point. It allows buyers/keepers to be rewarded while making the number of tokens grows again. (A very high value token can make people fear it, even if they can just buy a share of it).

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

are you planning to keep your token on ethereum blockchain or you're going to move to your own blockchain? Or move to other chains like NAV when they will they deploy anon smart contracts, don't know why but I'm keep thinking that in domains marketplace anonanimity could be a nice addition

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Menze on August 16, 2017, 02:36:11 PM

Quote from: cantdecide on August 16, 2017, 11:41:42 AM

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

Thank you for the answer! Well neither I can see a problem with a rising value, I was just curious if maybe it will get to a point everyone don't want to spend their tokens anylonger because the value is too high.

Menze

newbie

Activity: 28

Merit: 0

Quote from: cantdecide on August 16, 2017, 11:41:42 AM

If I get it right you wrote in your whitepaper that you want to burn 50% of the coins you earn in the trades. What will happen if the coins are getting less and less and the value will rise. At some point it will be too much maybe, don't you think so? Will there be a system like creating new ones or change current coins against a new one?

That is exactly the idea to increase the value of the token. I don't see a problem in the decreasing amount of tokens. It is very important for us that investors and users of the token are rewarded for buying/keeping their tokens for long term. There will be no new token in the future.

br

Frank

cantdecide

full member

Activity: 336

Merit: 112

Quote from: mainconcept on August 16, 2017, 02:15:23 PM

Quote from: SEELE^^01 on August 16, 2017, 02:06:46 PM

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Also you will probably save fees because you can do everything at one place and don't have to pay all the different provider, but not sure about this.
Maybe we can get more details about this.

mainconcept

sr. member

Activity: 588

Merit: 422

Quote from: SEELE^^01 on August 16, 2017, 02:06:46 PM

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: mainconcept on August 16, 2017, 02:15:23 PM

Quote from: SEELE^^01 on August 16, 2017, 02:06:46 PM

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

As written whitepaper:
● Save thousands of fees on domain related transactions

So i guess there will be fees, but much lower than usual.

Im interesting what commissons will be for foreign domain? If anyone want to buy German domain - its will be the same price for any country? (as for Germany, or USA, or China)

Menze

newbie

Activity: 28

Merit: 0

Quote from: kraterion on August 16, 2017, 11:28:44 AM

Unsold ICO tokens will be stored in a fund to give rewards for using Mobile App. How? This means that if I buy a domain trough Mobile App I earn a "% cashback"? Or we will earn NAT only trough voting?

You can earn token for data maintenance (voting, rating and so on) but also for many other activity like buying domains. Domain Buyers are very important for a marketplace. There are not all functions already fixed but we have many ideas to realize a disruptive platform.

br

Frank

SEELE^^01

full member

Activity: 952

Merit: 137

what about buying and selling of domains, will there be a fee?

neverthless, you can have my 20 domains i have registered within sedo.com

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Menze on August 16, 2017, 01:59:51 PM

Quote from: Elkmar on August 16, 2017, 11:20:50 AM

And second question, you say that we can earn nametoken for data maintenance ? Could you explain please ?

Yes this is one option to earn nametoken...there will be many more in the future.
Data maintenance means that you can rate domains, place them in categories, place tags and so on. We will use this data, weight it in relation to you user rank(experience) and generate search results based on the combination of auto algorithm and user generated data.

I am buying domains at domain marketplaces for many years, i was even one of the first 20 customers of the largest marketplace.
The problem is that there are infinitely many domains listed and it is difficult to find the matching domains.

We would like to change that.

br

Frank

Ok, thank you for answering. I see that you will go every over every questions on the thread, so I'll let you time to catch up before asking other ones.

mainconcept

sr. member

Activity: 588

Merit: 422

Quote from: cantdecide on August 16, 2017, 01:24:40 PM

Quote from: magisterr on August 16, 2017, 01:17:43 PM

Quote from: cewekimut on August 16, 2017, 01:13:13 PM

Now ICO Nametoken(NAT) is running, and will end on September 30th, anyone knows how many tokens are sold up to now?

i didnt find current conter of their website...
only bar progress.. and its less than 1000 BTC now..

Yeah, I also have searched for a counter, but there is none yet. Maybe devs will put one on the site now, because ppl are asking for one Cheesy

Would be great to see how the progress is currently.

When i assume the token issuer is the top1 address on etherscan then they sold 688787 tokens already.

https://etherscan.io/token/0x22467d25320dda37f254b0f56309c2bce673ba62#balances

Menze

newbie

Activity: 28

Merit: 0

Quote from: Elkmar on August 16, 2017, 11:20:50 AM

And second question, you say that we can earn nametoken for data maintenance ? Could you explain please ?

Yes this is one option to earn nametoken...there will be many more in the future.
Data maintenance means that you can rate domains, place them in categories, place tags and so on. We will use this data, weight it in relation to you user rank(experience) and generate search results based on the combination of auto algorithm and user generated data.

I am buying domains at domain marketplaces for many years, i was even one of the first 20 customers of the largest marketplace.
The problem is that there are infinitely many domains listed and it is difficult to find the matching domains.

We would like to change that.

br

Frank

Topic: [ANN] [ICO] nametoken (NAT) - the first decentralized domain eco system - page 20. (Read 31758 times)