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Topic: [ANN] NEWB - The crypto market's dirty little secret - page 114. (Read 153786 times)

legendary
Activity: 2184
Merit: 1000
Whitepaper (Phase One)
legendary
Activity: 2184
Merit: 1000
1. Will there be day 1 bonuses?
2. Will the tokena be tradable after the last day of the salw.
3. If no to #2, can people sell accounts (similar to Augur)  right after the sale?

The crowdsale will be capped at USD 600,000 so it might reach its cap on the 1st day itself.


1) We are still debating if there will be a day 1 bonus.


2) The Newbium token will be tradable immediately after the crowdsale is finished.  If the cap is reached on the 1st day....then trading will start on the 1st day as well.




 
sr. member
Activity: 448
Merit: 250
1. Will there be day 1 bonuses?
2. Will the tokena be tradable after the last day of the salw.
3. If no to #2, can people sell accounts (similar to Augur)  right after the sale?
legendary
Activity: 2184
Merit: 1000
Interesting, but I'm still not totally sold on the name. I might be wrong, but associating somehow with the 99% non crypto community may be a stretch.

The whitepaper will make the reasoning behind the name a bit more clear.  Do bear in mind that we hope to migrate a large part of this 99% onto the Newbium platform one day.
full member
Activity: 163
Merit: 100
Interesting, but I'm still not totally sold on the name. I might be wrong, but associating somehow with the 99% non crypto community may be a stretch.
legendary
Activity: 2184
Merit: 1000
NXTTY is a failed project,why do you believe this can success?

This is a completely different market & product....also, we have learned quite a lot since we 1st launched Nxtty.  We hope to use that hard earned experience to make Newbium a success.


Also, the social chat & encrypted messaging technology we developed for Nxtty will be integrated into Newbium.






hero member
Activity: 585
Merit: 500
NXTTY is a failed project,why do you believe this can success?
full member
Activity: 227
Merit: 260
Interesting Project, I'll be Joining the Campaign
Waiting for ICO
legendary
Activity: 2184
Merit: 1000
Good luck, 51% premine for the developer after getting bitcoin in presale

The 51% is not for the dev team but for the Nxttycoin community.  The 51% will be held and the long-term distribution method will be determined by community vote.

The 51% will not be entering the Newbium market anytime soon.

legendary
Activity: 1400
Merit: 1000
Good luck, 51% premine for the developer after getting bitcoin in presale
legendary
Activity: 2184
Merit: 1000
Would you describe this as a next-gen crypto platform?

I would not describe Newbium as a crypto platform but rather a platform which integrates cryptos into something larger.
legendary
Activity: 2184
Merit: 1000
is their a current value for newbuim?

The value will only be known once the crowdsale starts.
sr. member
Activity: 448
Merit: 252
Would you describe this as a next-gen crypto platform?
sr. member
Activity: 327
Merit: 250
is their a current value for newbuim?
legendary
Activity: 2184
Merit: 1000
so how much you hope to raise for the crowdsale?

The Newbium crowdsale will be capped somewhere between USD 500,000 - 800,000.


Breakdown of the coin distribution:

40% - crowd sale
9% - rewards for bounties, campaigns, swaps & strategic partnerships
51% -  will be held, pending a vote by the Nxttycoin community on long term distribution.  The vote will take place sometime after the crowd sale is finished.  These coins will not have any immediate impact on the Newbium market.
legendary
Activity: 2184
Merit: 1000
NXTTY to Newbium (NEWB) Swap Plan


1) 100,000,000 NXTTY representing 10% of the NXTTY coinbase will be swappable.

100,000,000 NXTTY for 1,000,000 Newbium (NEWB) Tokens.

Ratio - 100 : 1

So if you swap 100 NXTTY you will receive 1 Newbium (NEWB) token.


2) Current holders of NXTTY will be able to swap 20% of their NXTTY holding for Newbium.


3) Anyone who purchases NXTTY on an exchange from April 15 to  April 30th (UTC time - 00:00) will be eligible for 100% NXTTY -> Newbium (NEWB) swap.


4) The swapped Newbium (NEWB) tokens will be distributed after the Newbium crowd sale is finished.


5) The swap process will be published very shortly.
legendary
Activity: 2184
Merit: 1000
Can anyone break this down in stupid terms? Pretend you are talking to a little 5 year old kid. Thanks

The Newbium white paper will be released very shortly.  It will make everything more clear.
legendary
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legendary
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Were you replying to me there?
sr. member
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