Topic: [ANN] 📁 novusphere.io 📁 atmos (ATMS) 📁 Censorship Resistant Media Sharing 📁 - page 61. (Read 120206 times)

Well done on the first round. Amazing success! I totally understand the cap of vidz, I mean who would have expected the situation to turn out the way it did and vidz holders jumping ship. i would have capped it a lot lower than that. You have done more than enough for vidz holders, now its time for the novus holders Cheers

1) https://bitcointalksearch.org/topic/m.17796168
Both are price discovery rounds but are for different amounts of atmos.

2) At the end of all crowdfunding (so end of round 2)

Thanks.

Difference in second round in Btc i dont know.More to come.

I completely understand and support the VIDZ cap. The way events unfolded was unprecedented and dev needs to do this to make sure funding will be enough. TBH the burn thing was just a favor and good will from the beginning.

Congrats on a good round!

A couple of questions:

1) Any difference b/w Round 1 and 2 for those investing through BTC?
2) Temp coins will be released at the end of Round 2? or Round 1 participants will get temp coins earlier?

I like this change. If u dont like than go out. good night guys

This thing here will make x20 in 2 month :-D

Better to buy some vidz guys and take place because vidz buy in is cheaper than btc buy in :-D

Adding an enhanced escrow option is an addition, not a change, and it didn't hurt anybody, rather helped.
While this cap is a change of terms, and it hurts some people.

With this you are choosing money over sense of stability and trust.

And allowing Vidz swap till the end could allow for a good estimation of your project's valuation mid-term...

Anyway, I see you are set your mind already... One more twist of story we have to accept here
Vidz holders wouldn't be happy. Expect more attacks (not from me of course, as I already told what I told, and I don't enjoy repeating myself).

rekt vidz bag holder taking vengeance

honestly, as long as people still think purevidz was the market research and PV was just a false trail, what was your expectation?

anyway, will be great to see a great product tmrw

Drays,

I understand your concerns but you can't maintain a neutral position of whether the rules were good or bad because when the rules were changed with the amendment of having escrowing being an additional option in last week of round 2, I would assume you would argue this was a good change. Given this, the reason you're posting right now is because you deem this to be a bad change. The cap was made relative to how much was burned in round 1, I'd agree this was somewhat unfair if we changed it half way through round 1 before the weight changed and a new round began or even capped it off right at the end of round 1. Instead, we've given people some extra time to still continue to burn some and process the update.

It also seems you're equally aware of what the problem for us is with continuing to accept VIDZ indefinitely

Thanks for your understanding even if you don't agree with our decision.

It is understandable as vids burned into nothing, I would of cut it off at half the amount of vidz as the vidz project nears death. No one new that PV was going to abandon ship. I am eager and very excited to see the demo and what this projects has to offer. Also congratulations on a very successful crowdfund, so much FUD yet people continuously invested. I will wait for the end of round 2 so I can get a better idea of what this is all about.

Now you are changing the rules in the middle of the game (there were no cap mentioned, and it supposed to run till the end of crowdfunding). This doesn't sound good.

Regardles of whether the rules were good or bad, this creates a bad precedent for changing the rules and your word in general. I understand you want to collect as much BTC as possible, but that does not justify your actions here. Even the opposite, actually.

Sorry for being mostly critical here on the thread. But someone should. And I am not trolling or FUDding, I am serious, and I like the project and want to see it doing well, and going to the right direction. Please reconsider this extremely questionable decision. You are giving the fuel for the haters to use.

Hello everyone,

Thank you for the amazing support everyone has shown in round 1!
The block height cut off for BTC was 455344 meaning anyones transaction in this block or prior to this with at least confirmation was counted for round 1.

The total from round 1 can be viewed below:
https://blockchain.info/address/333UrMP92iyXG4PmiDBCq73E1whk3WRW2p

As we now transition into round 2, BTC will be forwarded to the escrow address 37UPRghtiLNjGzCZzAz3af1ACQTsw4BHhK.

Effectively immediately we are also announcing a cut off at 83M VIDZ as shown by the site. It seems with no doubt that this will be hit given the rate burning has progressed at which was an unforeseen sequence of events when this project was first announced. Please understand that the rate at which VIDZ were being burned and the current state of VIDZ was something we could not plan for. As we waited to see how much would be burned in round one we've come to determine this cut off value. After the 83M mark has been reached, burn transactions can no longer be registered and the auto-burn information will be automatically removed. The last 2M unregistered from the 7M burned at the start will be registered totaling off at 85M.

The following information will directly be made available on the site so anyone sees it before attempting to burn any further VIDZ.

Thank you again for your amazing support and let us hope it continues over into round 2!

Relevant Context from Discord:


Edit: Within 24 hours we will be launching a live demo of our gateway and video SFSI service that we have been working on so far. Once it is launched we will give a technical break down of how things work, what were demoing implies and how things will work in the future. We hope you are as excited as we are.

Thanks.

Heh, 222.71  BTC
Late investment confirmed most probably. With the current huge size of BTC unconfirmed transaction pool, and congestion on the network, I would expect even more transaction to be added in a hour or two...

While I'd like that to happen its not likely is it.

46m 36s  left to stop it

 
This is exactly what I wanted to post after the end of this crowdfund round
Its funny how people tell "investing in BTC is so much more profitable, Vidz investments are diluted crazily"  . In fact, Vidz investments are capped by just 125M, while BTC investments are not. And that is important! This is basic math, and the BTC funding results were pretty expected too.

But why did you post it now? Its too early for disclosing this! My expectation for this ICO round was 200 BTC, but I still hope BTC investments will reach 220-280 btc... Keep the FOMO running!

Stop burning now and finish the ICO please. That is the only time being nice, stop!

So... 30% of atmos will be distributed on First Round for person to paid BTC. If this ICO collect 200 BTC, people get 150000 ATMOS for 1 BTC, this mean 1 ATMOS - ~700 satoshi. If burned about 100 milions VIDZ people get 50 milions ATMOS, so 2 VIDZ for 1 ATMOS give price about 350 sat for one VIDZ

Since this sale is being funded with vidz my question is how they estimate the amount raised - in terms of btc? Vidz is trading only on yobit and cryptopia, those markets are so much thin that u can safely neglect the prices, or entirely remove the price factor from the equation. Now imagine the bag with 70 million vidz in it. What exchange are u gonna drag it to, to be able to cash it all out at a fixed rate. What the fuck.

125m will be swapped.

how do you feel?