Topic: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield - page 95. (Read 901856 times)

Drachmae Team are wanting to put a Vote together:

Naut Holders want to be integrated to Drachmae YES or NO

Simple say yes or no and we will count them

Nautiluscoin, my friend.

Not sure what project your are referring too that is a Total Failure.

Drachmae is launching end of September.
Athena Starts filming end of September

This project is a total failure. BK has had a nice exit-pump, but he cashed out and moved on already.

The value of each NAUT should be no less than $5 to cover the gold backing. But it is just an estimation, could go up to $20 each I believe, depending on how serious the project is.

Thanks for the explanations Lee. Again, it is a pity that the community was long gone because of BK's failing attitude over the community. If we had this news when we had the old community, it could have been just amazing. Either way, good luck.

So roughly $150,000 has already been donated to this project?
Nothing has been Donated.
Brian Kelly to date has instructed Coinstructors to start on the Legalities and half of Phase one (Brian Kelly has Paid Approx 35,000 GBP/55,000USD) This only covers Legal Issues and strategy of Nautilus) This has not been paid in Nautilus or from anything to NautilusCoin

Then how can the price of NAUT and NXT still remain so low given this appears to be a massive project with serious backers and funding?
Why would the price of NXT have to change? NXT is more focused of being a platform that people can use to build over it. The real value in NXT is the projects over NXT not NXT Coins themselves Example: http://coinmarketcap.com/assets/

For nautilus why would the price actually change or grow?
there is not enough users for Nautilus and nothing that encourages new users based on the fact Nautilus holders do not do anything. (Relying on Brian Kelly only) this therefore does not interest new people to obtain Nautilus (Vicious circle)

Nautilus holders do not contribute to anything so why would the Value go up and they are happy to just sit on the Coins opposed to do anything with them.

When NAUT moves over into the NXT system, what happens to current NAUT coins?
This is our question before we even mentioned about NXT as there is No developers, No Community only about a dozen people holding Nautilus that control the current supply, SO the current Nautilus would simply fade away regardless of moving to NXT or NOT, But by moving to NXT, it will have a Technology and Devs along with a very large community that already exists. So the answer that is most logical that the current Nautilus would just fade away into the dark.

I notice that in the NXT system there are over 16 million NAUT coins while we only have roughly 5 million here.   Can you add some color to that.
Your answer is on this Thread https://bitcointalksearch.org/topic/m.6484706


You state that Athena will happen regardless of how the fund raising goes so who will pay nearly $1 million?
Not sure where you get 1,000,000 USD? 450,000 GBP = 706,394.65 USD
Most of all we have different Levels also not everything based on IndieGOGO we are already getting people that are looking at sponsoring the show so they get PR in return.
      0.   50,000 GBP/ 78,500 USD - enables a very skeleton crew show to be filmed on Agistri
100,000 GBP/157,000 USD - Shoe String Budget. Web TV series, limited production and limited opportunity for the Models and Agistri.
250,000 GBP/392,500 USD - That’s more like it - We can now film 2 x 1 hr episodes, showing a mini series. Higher quality production and more interactive features for the audience, Web TV and more likely to get that All important National TV airtime
450,000 GBP/706,394.65 USD - The Full Monty - we can go to town a bit, provide a full cast & crew for production of 6 x 1 hr episodes, more awareness for the Models, Agistri and the chance to get serious air time. Included will be VIP footage bonus material and support for Athena 2016.


When is marketing going to start on this cause I imagine paying for any of this would be much easier if NAUT and NXT got the proper attention and proper market cap valuations.
http://www.forbes.com/sites/rogeraitken/2015/07/05/greek-economic-crisis-is-a-parallel-currency-the-answer/
http://www.reuters.com/article/2015/06/05/us-digital-currency-greece-idUSKBN0OL0JR20150605
http://www.protothema.gr/economy/article/482128/reuters-tha-borouse-mia-psifiaki-drahmi-na-apotrepsei-to-grexit/
http://www.c[Suspicious link removed]m/id/102663713
http://www.theargus.co.uk/business/13321354.Electronic_currency_can_rescue_Greek_economy/
http://www.ibtimes.co.uk/drachmae-could-bitcoin-inspired-currency-be-answer-greeces-economic-woes-1501532
https://bitcoinmagazine.com/20640/supernet-sponsors-drachmae-blockchain-solution-greece-project/
http://techcitynews.com/2015/05/18/can-digital-currencies-solve-greeces-economic-woes/
http://www.dailymail.co.uk/wires/reuters/article-3111988/Could-digi-drachma-avert-Grexit.html
http://www.thetoc.gr/oikonomia/article/digi-drachma-gia-na-apofeuxthei-to-grexit
https://www.youtube.com/watch?v=0oX6MlLtfgA
http://www.c[Suspicious link removed]m/2015/07/08/greek-island-agrees-to-test-digital-currency-commentary.html
http://editi[Suspicious link removed]/videos/world/2015/07/10/greece-island-tourism-woes-black-pkg.cnn
https://youtu.be/0Esq9Wp5VzU
http://www.forbes.com/sites/rogeraitken/2015/08/20/greek-crisis-agistri-islands-supermodel-tv-project-could-raise-fortunes-in-cryptocurrency-twist/
http://finance.yahoo.com/news/athena-crowdfunding-450-000-gbp-153800596.html
http://insidebitcoins.com/news/athena-crowdfunds-greek-modeling-show/34510
http://bitcoinist.net/athena-crowdfunds-greek-modeling-show/
http://criptonoticias.com/criptomonedas-y-blockchain-formaran-parte-del-show-televisivo-athena-en-la-isla-griega-de-agistri/
https://bitcoinmagazine.com/20640/supernet-sponsors-drachmae-blockchain-solution-greece-project/
http://allcoinsnews.com/2015/06/19/nxt-44phones-coinstructors-have-multiple-real-world-use-cases-for-nxt-blockchain-including-greece-namibia/
http://allcoinsnews.com/2015/06/09/drachmae-blockchain-project-plans-loyalty-tokens-for-greek-resort-island/
http://www.marketwatch.com/story/supernet-sponsors-drachmae-blockchain-solution-for-greece-project-2015-06-01
http://allcoinsnews.com/2015/08/24/cryptocurrency-sector-supports-greek-island-model-contest-crowd-funding-pr-campaign/



Alternative search:
https://www.google.gr/search?q=Athena+Crowdfunding+450%2C000+GBP+For+Reality+TV+Show+on+Greek+Island+of+Agistri+%E2%80%93+With+Models%2C+Digital+Currency+and+Style&oq=Athena+Crowdfunding+450%2C000+GBP+For+Reality+TV+Show+on+Greek+Island+of+Agistri+%E2%80%93+With+Models%2C+Digital+Currency+and+Style&aqs=chrome..69i57.1035j0j4&sourceid=chrome&es_sm=122&ie=UTF-8

What value or what amount will NAUT be backed by gold?  Are we talking about $1 per coin in gold backin or $10, or what?  Such a confirmation would go a long way to raising the market cap and thus the ability to help pay for this project.

That is what is being explored at the moment and there is no update to it until the finalization into drachmae platform can be completed.

Also the big picture question is this? Who is paying for the Gold to back the Nautilus in Circulation and at the current market cap??

Great Work! 

Thank you for those details - crucial information!

Thank you for adding all that info.

Some questions. 

So roughly $150,000 has already been donated to this project?

Then how can the price of NAUT and NXT still remain so low given this appears to be a massive project with serious backers and funding?

When NAUT moves over into the NXT system, what happens to current NAUT coins? 

I notice that in the NXT system there are over 16 million NAUT coins while we only have roughly 5 million here.   Can you add some color to that.

You state that Athena will happen regardless of how the fund raising goes so who will pay nearly $1 million?

When is marketing going to start on this cause I imagine paying for any of this would be much easier if NAUT and NXT got the proper attention and proper market cap valuations.

What value or what amount will NAUT be backed by gold?  Are we talking about $1 per coin in gold backin or $10, or what?  Such a confirmation would go a long way to raising the market cap and thus the ability to help pay for this project.

Thanks again for posting and giving us some clarification.

Best regards,

Vlad

Update to the Drachmae Project
Open statement:  We would like to make clear who and what is involved and how the Drachmae Project works.
 
Where did the Drachmae project come from?:
On the 28th of April 2015 Coinstructors, London, UK was looking at how could real estate or Land be used to asset back a currency or become a digital trading backed token.
 
A member of the Coinstructors team was discussing this with Brian Kelly and ideas were thrown around on the subject, Greece was brought up in the conversation due to the fire sale of the country's assets.
   
What is Drachmae Project:
On the 5th of May Coinstructors and Brian Kelly issued the One thing challenge for a solution for Greece www.drachmae.info. "Educational purposes to see what can be done or if anything could be done over the blockchain”.
 
On the 20th of May we did a follow up Online event presenting different solutions https://youtu.be/uiFfwwzJww8.
 
This was the start of Drachmae Project which is a Blockchain based solution for possible use cases in Greece where possible, if possible and if Viable.
 
Warning: The project is not Currency orientated, it's a Blockchain orientated solution to a problem much wider problem.
 
Who is involved:
Coinstructors: London, UK www.coinstructors.com for consultancy and Legal framework services
44Phones  Marlow, UK www.44phones.com Drachmae Network Development team
NXT: 2.0 Crypto Blockchain which is the underline and core blockchain to the Drachmae platform for various functions such as Voting, Token Authentication and Monetary System. www.nxtinside.org
Supernet: The Drachmae sponsor from day one of the start of the project back in May which also will enable the use of the Supernet Network of blockchains of multiple crypto currencies www.supernet.org (Drachmae also will be implementing crypto777 Private/Sidechains for Digital Identity storage to comply with local regulations.)
VTS/Onepay:  Windhoek, Namibia VTS is a partner that helps with internal testings before the Drachmae Banking platform is released. http://account.onepay.com.na/en/

Drachmae Project is not a solo act we welcome companies or services that help contribute in providing value to educate and present Crypto Currency and Blockchain, regardless of currency or blockchain, this is bigger than 1 blockchain and bigger than 1 person.
 
Who are the partners & supporters of Drachmae:
NXT
Supernet
Jetcoin
Ikon Media
BitcoinPRBuzz
DX Markets
 
How has the drachmae project been funded to date?
Supernet:  40 BTC Sponsorship
NXT: Just over 1,500,000 NXT was contributed via one of the NXT /Drachmae user cases for the Drachmae White paper
Coinstructors: around 65,000 GBP and Rising
44Phones around 65,000 GBP and Rising
 
Notice: we have not received any contributions to the Drachmae project other than Supernet or NXT, 44Phones and Coinstructors have self funded the project.
 
What Currencies will be on Drachmae?:
1.      Bitcoin
2.      NXT
3.      We will be integrating Shapeshift to manage other currencies
4.      USD
5.      GBP
6.      Euro
7.      Supernet currencies that are not supported by Shapeshift will be added directly to Drachmae at a later period
 
Nautiluscoin is yet to be integrated and more information can be obtained at the Nautilus website. http://www.nautiluscoin.com/latest-news/
 
Notice: Drachmae project has not received any funds from Nautilus holders for anything related to Drachmae project or in regards to implementations.
 
What are the services that will be available to the Greeks and Tourists coming to Greece:
·         Drachmae Mobile Banking platform Hybrid system enabling Fiat and Crypto to be used www.drachmae.money/en/
·         Drachmae Loyalty system www.drachmae.money/en/
·         Drachmae Barter system www.drachmae.money/en/
·         Drachmae Business Network www.drachmaeconnect.com
·         Drachmae Marketplace http://marketplace.drachmae.money (Under Development)
·         Drachmae Travel travel.drachmae.money (Under Development)
·         Visa Prepaid cards will be available to user of Drachmae Money in USD, GBP and Euro instant load from crypto currency www.drachmae.money/en/
·         Drachmae Exchange designed for Crypto, Digital Assets, Loyalty tokens and Fiat for trading www.drachmae.exchange (Under Development)
·         Drachmae Voting  over the blockchain voting.drachmae.money (Under Development)
 
What is being negotiated:
·         We are exploring the market of ATMS to be added to the profile of Drachmae (Integration into existing banking system in which there are over 10,000 ATMS in Greece)
·         Integration into online drop shipping company with 2 million items that can be shipped to Greece or globally
·         Athens Hack event to be potentially hosted at a local Greek bank
·         Multi Payment processor partner for over 30 fiat currencies

What is Athena TV Show all about and how does this fit into the Crypto space

Drachmae is a Proof of Concept trial on the island of Agistri, Greece, to see how Crypto Currency can work, whether or not it's viable and what benefits it can provide. In order to raise awareness of the trial and gain the commitment of the local businesses we were also asked to raise awareness for the island to help boost their tourism. Essentially they are suffering from a lack of tourism and in order for them to find value in the project and in the wider opportunities of Crypto Currency we need to gain the trust of the locals and work with them to develop an understanding of how the project will work alongside some new long term revenue streams that they can then associate with the project and with Crypto Currency.

We discussed with the Mayor and Vice mayor the opportunity of doing a TV Reality show on the island, to generate new exposure and marketing for the island and to support the Drachmae Proof of Concept with local businesses by them using the platform and tokens for hotels, food, drink and other services during the filming,  creating a win win scenario all round, for all parties. They feel this is the best way to get all parties focussed and raise the profile of the project and the island.

Athena will happen, one way or another, as it is part of the Drachmae project. It has already generated significant interest from potential new partners as it is a unique project that will include filming the contestants and crew using crypto and blockchain technology on the island.

Notice: Brian Kelly offered Prize money to the contestants total of 10,000 Euros to be paid in NautilusCoin to the winners, NautilusCoin is not involved in the TV Show or has contributed to it in any format. Athena is a Coinstructors and Ikon Media Project only in strategic alliance with the Agistri Mayor's office.

Who has contributed financially to Athena:
Coinstructors
Ikon Media
Jetcoin
NXT
Supernet
44phones
Brian Kelly offering Prize money

Sponsors and contributors are welcome contact www.coinstructors.com

Nautiluscoin Involvement to the Drachmae project:

As stated on the 20th of May, Brian Kelly on the Virtual Event offered Nautiluscoin to a real world valid user case.

We came up with a plan to use Nautilus as part of the POC and distribute to locals on the Island of Agistri.

On top of this A full blown ecosystem for Nautilus and development has been mapped out down to Points of Sale for Local business and various other features via integration into the Drachmae project.

Due to the Drachmae project being a grouped effort there is a lot of development costs. Nautilus does not have a Development team or structure and this therefore makes it very hard to do anything technically with the current Nautilus.

The principles of how can NautilusCoin not be dependant on Bitcoin as reserve currency has been discussed and the preferred solution is to back the currency with Gold, for which there are a lot of legal and regulatory aspects that need to be catered for.

There are a few aspects to Nautilus that need to be overcome and it must be setup correctly for the longevity of Nautilus within the Drachmae Project.

Creation of the Nautilus Foundation which has been done in the UK.
Setup of Development Fund
Setup of Marketing fund and Marketing team
Incentive projects for adoption of Nautiluscoin
Creating steady market liquidity

For Nautilus to be successful and fully integrated it requires approx 150,000 USD funding to achieve its goal.

Brian Kelly has already started the project off from his own pocket, but only once Nautilus has a business structure and official Nautilus team, assisting will the full scope of Nautilus integration into the Drachmae project, the POC and long term aims can be achieved.

As for Nautiluscoin and the TV show, Nautiluscoin is not related to it other than Brian Contributing to the Prize money. It is not a Nautilus Project or been supported/funded by the Community.
Nautiluscoin or Brian Kelly is not apart of the TV Show crowdfunding in any shape or form.

Coinstructors has suggested to move NautilusCoin across to the NXT Monetary system due to Nautilus not having any core devs therefore making it easier to build a community with the features also available within NXT.

What is required for NautilusCoin is a similar business structure to that which NXT Foundation has established.

If anybody is interested in assisting and participating in creating a structure and community to NautilusCoin they can contact www.coinstructors.com

Cant say I'm terribly worried about whether this model contest gets funded through indiegogo or not tbh

Only 3 days left and we barely have $100 donated.  $700k is a looooong ways off.

If a big banker like BK can't raise funding with all the free media exposure he gets, imagine a regular guy trying to get an alt off the ground.

Thank you for the comments.

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This sounds very much of Lee Grant, LoL
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How much Naut Holders contributed to Any projects??
- NOT MUCH

Also who runs the community of Naut and where? is it only on this thread?
- There is a few individual small groups, but they are trying to avoid Lee.

Are Naut holders going to create a real community IE Marketing, Development or is just counting on BK??
- Counting on BK

Reason why I ask is people are asking this question about Naut?
- Makes NO SENSE, as usual.

So do Naut holders actually look at having this or doing it?
- Like to watch, long waited for BK to act.

Would be great to have the Feedback.
- You're welcome.

[/quote]

How much Naut Holders contributed to Any projects??
- NOT MUCH

Also who runs the community of Naut and where? is it only on this thread?
- There is a few individual small groups, but they are trying to avoid Lee.

Are Naut holders going to create a real community IE Marketing, Development or is just counting on BK??
- Counting on BK

Reason why I ask is people are asking this question about Naut?
- Makes NO SENSE, as usual.

So do Naut holders actually look at having this or doing it?
- Like to watch, long waited for BK to act.

Would be great to have the Feedback.
- You're welcome.

Yes Halinyo I am not worried about Who I am.

By the way fast question.

How much Naut Holders contributed to Any projects??

Also who runs the community of Naut and where? is it only on this thread?

Are Naut holders going to create a real community IE Marketing, Development or is just counting on BK??

Reason why I ask is people are asking this question about Naut?

So do Naut holders actually look at having this or doing it?

Would be great to have the Feedback.

Thanks

This is BK.  seriously, he manages a lot of money and is well connected.  And this has been in the works a long time so don't let the 7 days mislead you.

We'll find out soon enough.

I don't think one can seriously think to raise that amount of money in such a short period of time.

Only $10 raised so far and only 7 days left?  Wow!!!

I doubt we have those kinds of donors here.  Oh well, at least the idea was an excellent one. 

This sounds very much of Lee Grant, LoL

You may find its far from happening the models as its got 7 days left and nobody contributing to the Crown Jewel which is the TV show

https://www.indiegogo.com/projects/athena-model-contest-agistri-island-greece-tv-show/x/11355974#/story

So unless Naut holders start dipping in there pockets and helping out I don't see much moving for Nautilus as the Failure of the IndieGoGo will mean failure for the project so zip dee zip