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Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 87. (Read 901856 times)

legendary
Activity: 1050
Merit: 1000
Love it when a plans starts to come together
Just so you guys are aware http://www.forbes.com/sites/rogeraitken/

The forbes article has beaten the bitshares article by 700 view and its only been up 2 hours compared to bitshares and 2 days
hero member
Activity: 854
Merit: 1001
You guys can follow the progress of the coinswap here:
https://bitcointalksearch.org/topic/m.12441796
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

That's the kind of PR we need.

It looks like what  NAUT needs is for the community to pitch in for this airdrop so it's a community project and not just a BK/Lee project.

I'll start with a 1,000 NAUT donation.  [Lee,please post a wallet address].

We can all pitch in something to get this project off the ground and to get involved.
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

Community:

I personally can't see NAUT gaining much traction after this airdrop if the price is at a nickel. 

Price matters!

Would you perceive Bitcoin the same if it sat at a nickel right now?  Few would.

The higher [and stable] the price the more confidence the people of Agistri will have in it and its future potential.

So let's brainstorm on what we can do as a community to increase the awareness, popularity and the value of NAUT.  I'm sure BK and Lee have much work to do with this launch so any value we can add as a community may help considerably.

Cheers!

hero member
Activity: 854
Merit: 1001
Just made the first batch of payouts of NXTNAUT.....enjoy.
https://bitcointalksearch.org/topic/m.12441796
hero member
Activity: 854
Merit: 1001
Thanks Vlad  Embarrassed

I've recieved the first couple of NAUT transactions, payout of NXTNAUT will probably be later on today or early tomorrow.
https://bitcointalksearch.org/topic/m.12441796

On the price: there might be a few wobbles, but the underlying value of NAUT will remain unchanged, and the Drachmae project will add value by actually using Nautilus in the real world.

Lastly, just as a control, here is the NAUT redemption address again:

Code:
NPAXpEt1VPKsFh9KAGExxvp76cj3v1DFMQ
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
i do speculate about the price.. will we stay on the same price with more available coins?

So whats the smart thing to do here if u have some Naut:)

The price won't move without real catalysts which may or may not come.  Having an active community would go a long way in enticing BK into being more active.

That said, what has to be done now by anyone holding NAUT is to convert into the new NAUT.  I verified with Coinstructors and The conversion is 1 to 1 which is great news.  The conversion rate was my biggest worry so we're getting a very fair deal here.
legendary
Activity: 1050
Merit: 1000
Love it when a plans starts to come together
You will be required to do KYC on the exchange so it will be a more work than doing it this way.

Also if the conversion does not start it will be confusing for the airdrop

From what i understand there is really no benefit to do the conversion now, just more work to it..
sr. member
Activity: 404
Merit: 250
Beware
i do speculate about the price.. will we stay on the same price with more available coins?

So whats the smart thing to do here if u have some Naut:)
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
From what i understand there is really no benefit to do the conversion now, just more work to it..

Each phase takes time and if the airdrop happens on the 26th then it would be nice for the old NAUT to be all converted over.  Less confusion and less drama.

So I say since this is a fair 1 to 1 conversion that everyone convert as soon as you can.  Let's complete this phase so we can quickly move on to the next phase.

Thanks to the NXT team for helping out with this.  Nobody is paying them to do it and they're not even part of the NAUT community so their efforts are much appreciated.

Cheers!
sr. member
Activity: 404
Merit: 250
Beware
From what i understand there is really no benefit to do the conversion now, just more work to it..
hero member
Activity: 854
Merit: 1001
Right, Nautiluscoin dudes/dudettes.......I've just posted full instructions for the first wave of Nautiluscoin > Nxt-MS Nautilus redemption here;
https://bitcointalksearch.org/topic/naut-nautiluscoin-to-nxt-based-nautilus-redemption-process-1182317

Check it out, no need to rush. I'd appreciate people asking questions on the redemption process before they start sending out coins......

I'm off for coffee, back soon.
legendary
Activity: 1050
Merit: 1000
Love it when a plans starts to come together
Must not forget the people from NXT who are helping in all this..

ITS CALLED COMMUNITY WORK


Does anyone have info on whether NAUT that are on exchanges will be automatically swapped, or if holders will need to withdraw from exchange to wallet in order for the swap to be successful? 

Also, are there plans for NAUT to continue to be traded on exchanges like Bittrex and Poloniex, or will NAUT trading be more limited in the future?

I've been working with Cryptsy but communication has been latent.  I'm not sure if they'll have the new NAUT up and running in the next few days.  And I know Lee/BK have been working with Bittrex.

You guys need to show some gratitude to guys like Lee and BK who are doing all the work behind the scenes while you're reaping all the benefits. 
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
Does anyone have info on whether NAUT that are on exchanges will be automatically swapped, or if holders will need to withdraw from exchange to wallet in order for the swap to be successful? 

Also, are there plans for NAUT to continue to be traded on exchanges like Bittrex and Poloniex, or will NAUT trading be more limited in the future?

I've been working with Cryptsy but communication has been latent.  I'm not sure if they'll have the new NAUT up and running in the next few days.  And I know Lee/BK have been working with Bittrex.

You guys need to show some gratitude to guys like Lee and BK who are doing all the work behind the scenes while you're reaping all the benefits. 
legendary
Activity: 1050
Merit: 1000
Love it when a plans starts to come together
As mentioned many times before.
Gold is something that is months away.

There is something in the pipeline but there are legal requirements to be dealt with.




I read the press release and there is no mention of any gold or gold backing.

How can the airdrop take place in a week with no known hard value?  I suppose it can be done without that hard floor but it seems like a bad way to launch a currency for a daily use test.  The people getting the NAUT will see their purchasing power of NAUT fluctuate wildly which may lead to confusion or disappointment.

Hopefully BK can clarify this issue before the airdrop.
newbie
Activity: 18
Merit: 0
Read the announcement and waiting for instructions for coin swap info today.  "We will post the coin swap instructions on Bitcoin Talk on Wednesday, September 16, 2015"
full member
Activity: 168
Merit: 100
Does anyone have info on whether NAUT that are on exchanges will be automatically swapped, or if holders will need to withdraw from exchange to wallet in order for the swap to be successful? 

Also, are there plans for NAUT to continue to be traded on exchanges like Bittrex and Poloniex, or will NAUT trading be more limited in the future?
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net

I read the press release and there is no mention of any gold or gold backing.

How can the airdrop take place in a week with no known hard value?  I suppose it can be done without that hard floor but it seems like a bad way to launch a currency for a daily use test.  The people getting the NAUT will see their purchasing power of NAUT fluctuate wildly which may lead to confusion or disappointment.

Hopefully BK can clarify this issue before the airdrop.
legendary
Activity: 1050
Merit: 1000
Love it when a plans starts to come together
http://nxter.org/nxt-to-power-a-full-economic-ecosystem-with-drachmae-nautiluscoin-nxt-foundation-brian-kelly/



Wow, so the airdrop is on the 26th.  When will the gold backing be announced?  I mean, the gold backing is what gives NAUT its value - so if the airdrop takes place in 11 days then that announcement should be soon.

Unless the gold backing is off the table.

Thanks for putting all this together, Lee.
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