Topic: [ANN] ORA :: NXT 'monetary system' currency - page 123. (Read 181197 times)

FFS...... read the OP.......

When is the IPO?

surely 20 million sounds good

I think About 50 millions will be good.

I am interested.  1 billion coins would be about right

How to get this coin？

Other people have made that comment too. I'm happy to hear any thoughts on the right quantity for Kora, do you have a suggestion?

10 bill would make it easy to compare Kora with Qora, but maybe that is a bad thing. Maybe ~20 million coins would be better.

looks interesting

Quantity is too large

Hi Dev,
Count me in for free giveaway , I would like too receive some stake .By the way is there any date for distribution ?. thanx.

Dev, really I m appreciating the importance that you are giving to the distribution. I think free distribution is the future for involve new members that tomorrow will become investors. This is a fundamental point for to grow and to keep this business. I think that if we find the key it can become a stone for the future other distributions. The traditional mining doesn't make sense for being no ethic and no sustainble

I ask that you dig a little deeper into my explanations of Kora because I think you haven't understood where I'm coming from. I like 'fairness' in a coin distribution, but I'm after 'effectiveness' more. I think Qora is the most vulnerable crypto coin right now, and by that I mean it has good fundamentals but a very small community with bad attitudes, and this isn't NXT part 2.

I think there is a good chance Kora will surpass Qora, and Qora will fade into the background. That could have happened to NXT but it didn't for a whole host of reasons that aren't applicable to Qora.

If Kora gets a larger number of committed users it kills Qora, and I think that's very possible, and as I'm not using an IPO, and this is therefore not a scam, I think Kora has a great chance of having x10 more users than Qora. Combine that with trading Kora tokens on the NXT AE, and you have a coin with better 'fundamentals' than Qora.

Remember, the Qora IPO investors didn't make Qora, and they didn't buy it either, so Kora isn't going to steal anything from anyone. If the source code never gets released Kora doesn't exist, but nobody will have lost any money coz Kora stakes are free.

The Qora IPO people funded the dev in some way, and in return the dev gives those people the first chance to create a viable community with custodial duties over the 'golden goose' that *might* lay some 'golden eggs'. If those IPO investors act unwisely however, they can kill the goose, and if that happens the Qora dev will not be responsible for that, and I strongly suspect he/she would then support the biggest community using their software to create a viable crypto coin network.

Don't be mislead into thinking Kora is all about free coins & dancing around like hari krishna devotees celebrating fairness (not that I have any problem with that in principle).

Kora is trying to exploit an obvious weakness in a competitor, and anyone with Kora tokens has a good chance of making a good return over the longer term for a FREE investment, but I need people to get committed, and then help, and I hope that can happen even if the Kora coins are free.

Kora is attempting a take-over in a sense on the basis that a successful coin is the one with the biggest active community.

If NHZ, or NAS, or NXTL or NFD, or N2Coin or another NXT clone created a larger more active community than NXT, then NXT would be vulnerable too.

The point of the registration system will be to try and weed out the wheat from the chaff, but do that without using a bitcoin IPO payment as the mechanism to find the committed people. That is my task.

Are people seriously still banging on about poor distribution. lmao. im sorry that not many people dared to put their btc where their mouth was during the ipo stages of NXT and qora. creating another clone purley to distribute better is not a great idea really.
The ultimate goal is to create a new decentralised currencie that will be adopted by the world. even if you manage to distribute this new clone to 5k bitcointalk memebers its still not fairly distributed. why not concentrate on building tech and services that will be adopted by the world masses. people of the world wont care that 5k members started it they will flock to the tech and new services provided. This should be number 1 on the list not "Fair distribution" imo. NXT and qora will succeed because of the features and tech the distribution model was suitable at the time of release. Theres no stopping the 2 now regardless of new clones with a tad fairer distribution. good luck witht the project but please concentratebon new tech and features

reserved

nice 

Thanks for stopping by ziplibrary! Like many others, I'm a big fan of ShareCoin & SharXcoin!

I like the sound of that application! There is a difference between monetary 'free' & something being so 'free' you don't care about it any more. I like where you're heading ziplibrary!

'Monetary free' is good for a POS coin distribution because it's 'fair' & you will attract a lot more initial stakeholders, but asking stakeholders to put in some effort to add some 'value' to their stake is definitely part of my approach to Kora.

I think creating a new coin with potential for 'value' is a bit like creating a universe from a Big Bang. Something (i.e. value) just appears out of the void, and just like with the Big Bang, the initial 'conditions' when things go BANG are critical to how things will develop later.

Ideally your registration process should attract a lot of committed people, and if they paid money in an IPO they will be committed, but if they expended some non-monetary effort, they might be just as committed, and by excluding the 'monetary' payment you don't disadvantage anyone, and critically for me, you will have a much larger number of stakeholders from which to grow your community.

Young people studying, poor people, people with no job, people in countries with a low exchange rate etc etc - it shouldn't matter for a POS distribution. If you can show commitment in another way, and that effort adds 'value' to the coin, then that person should get the same stake as a guy who can afford to pay 1 bitcoin because he has a good job in a western country, like me! I have a good job, and 1 bitcoin is less than 1 weeks income for me, so I'm very lucky and able to join most IPOs, but not everyone around the crypto community can say the same thing.

NEM ended up with a pretty good distribution list, but people still had to show effort through a payment, and I'd like to think Kora can improve things.

I have been talking with Mac Red about a design for the Kora registration system, but any input from other people would be most welcome. This is the Kora brain storming thread after all

Hi guys,
I'm ziplibrary, developer of ShareCoin and ShareXcoin
Looks like a nice project you guys have here. I can add Kora to ShareXcoin when it is launched.
I can also help you guys with the distribution. We are developing a distribution application, which makes people have to actually work to get their stakes, not just inserting some text in their signature. This will help wiping out the lazy ones who will just dump their coin as soon as they get it. This application is for ShareCoin's new project. But I may share it will you guys. Let me know if you need it.

Thanks spinnel! Yes, this is a brainstorming thread, so if you have any ideas please feel free to put them down in this thread!

I've had some interest in my registration webapp bounty, so expect some news soon! It might be a little while before the registration webapp is up and running, but rest assured, I will post an announcement with the start time for registrations well in advance to make it as fair as possible!

When registration will be started?

Interested and want to join