Author

Topic: [ANN] ORA :: NXT 'monetary system' currency - page 127. (Read 181214 times)

sr. member
Activity: 308
Merit: 250
nteresting idea,
can you add the "fixed-term deposit rate" feature,
you can lock the coin to 6 months to gain more profit.

If we find a dev who wants to do that, and the community of people around Kora like the idea ---- YES!!
wxh
member
Activity: 98
Merit: 10
the idea is cool and awesome, and I hope the dev can achieve it..
sr. member
Activity: 308
Merit: 250

interesting

Do you have experience for dev. new coin?
Are you programer?

When is start date for this coin?

No, I'm not a dev, or a programmer, and I have no start date either. I do think this idea speaks for itself, and I'm confident/hopeful some talented people will step up and want to help (and they'll receive a Kora bounty for their efforts).

This is a pre-announcement -a call to action for people interested in helping!!

interested.

But,how to  prevent DEV take away all coins?

@Kooness, you might be right that 10 billion coins is too much! How many coins do you think then? I can see both sides, some people like to have a big number, some people like the idea that the coin supply is small and exclusive - it's psychological really (if you've got 8 decimal places the number of individual 'pieces' is huge), but psychology is really important (we're not robots after all, so getting the right 'emotion' is important)

@wukelan, all the coins would be represented on the NXT AE as 'kora assets', and I'd probably be the one who'll issue the Kora assets on the NXT AE, so I'd probably have the dev give me access to the genesis account to send out. I'm open to ideas, maybe we have a group of people do it. Give me your ideas people!
sr. member
Activity: 308
Merit: 250
NXT - great coin, bad distribution - 73 stakeholders - Grade 'C'
Qora - great coin, bad distribution - 137 stakeholders - Grade 'C'
NEM - great coin (we hope!) - great distribution - BUT controversial (sockpuppets, paid IPO) - Grade 'B'
Kora - great coin - great distribution - no controversy - great community - Grade 'A'

Grade A? that means you will make a success and achieve over 77,000BTC in coinmarketcap.

you have a big ambitious, I hope you will success.

good luck.

Yes, I am ambitious for Kora!! Not so much for the marketcap though, I'm more focused in building the community. Any successful movement is ultimately powered by people - politics, Apple iPhone/iPad lovers, religion, sport - it's all about getting people to support your 'thing'.

Making Kora stakes 'free' and distributing them fairly and equally is obviously going to attract attention, but I want to take things further than that!



full member
Activity: 518
Merit: 100
Support, good luck Smiley Smiley Smiley
member
Activity: 65
Merit: 10

interesting

Do you have experience for dev. new coin?
Are you programer?

When is start date for this coin?

No, I'm not a dev, or a programmer, and I have no start date either. I do think this idea speaks for itself, and I'm confident/hopeful some talented people will step up and want to help (and they'll receive a Kora bounty for their efforts).

This is a pre-announcement -a call to action for people interested in helping!!

interested.

But,how to  prevent DEV take away all coins?
full member
Activity: 146
Merit: 100
looking good. How free to participate in?
full member
Activity: 227
Merit: 100
I think 10,000,000,000 coins is tooooooooooooooo much!!!!
You konw by current prices 10 billion coins means the price also in the 1~10 Satoshi.
Price range is too small to be successful.

Just see DRK or BC or CINNI or CAI(x) or SYNC or VRC or XC and so on.
All the hot coins has same point : total coins number is not very large.

Yes, maybe you will say DOGE is very successful.
But I don't think we can copy a DOGE's success.
Just like there isn't another Bitcoin.
full member
Activity: 189
Merit: 100
Interested+ Grin

good luck Smiley
full member
Activity: 151
Merit: 100
hey, great idea Smiley
Did you read my discussion thread? https://bitcointalksearch.org/topic/qora-opening-price-community-building-how-related-discussion-thread-615344

Qora could have been a great coin but the original IPO investors all have 'NXT 73 fever', and so they think it's smart, and possible, to hold out for ridiculous prices like 100 satoshi!! It's madness! At those prices only desperate guys buy, smart players will wait for the first crash, and then buy, but I think people have learnt from NXT, and lightning wont strike twice. Qora MK 1 is doomed, but hey ... we've got Kora now [Qora MK 2]

I'll definitely help!

sr. member
Activity: 308
Merit: 250

interesting

Do you have experience for dev. new coin?
Are you programer?

When is start date for this coin?

No, I'm not a dev, or a programmer, and I have no start date either. I do think this idea speaks for itself, and I'm confident/hopeful some talented people will step up and want to help (and they'll receive a Kora bounty for their efforts).

This is a pre-announcement -a call to action for people interested in helping!!
member
Activity: 66
Merit: 10
Do you have a schedule? The way for distributing is very important, just make sure there are regular rules.


Yes, the distribution is the most critical task for a POS coin, other than developing the code. With POW miners 'earn' their coins from wasteful, pointless calculations, but the incentive motivates miners to run nodes and secure the network none-the-less.

But for POS the distribution is vital! It's like you're distributing virtual mining equipment for securing your network, so you want to distribute to as many people as you possibly can.

137 people .... far too little, and by asking new comers to pay high prices for coins, your creating a massive hurdle that could be avoided.

I don't have a schedule, but I have ideas. As the distribution IS the fundamental task for Kora, I'm going to offer a bounty asap.

notes for 'registration' bounty hunters:
- registration has to be based on - 1 human, 1 stake
- most likely done on a separate external site to this forum
- need to check for multiple account abuse (check IP address, TOR use)
- ideas from other coins - twitter, facebook, reddit

I believe someone can design and implement a very solid registration setup - that person will get a big bounty. How much? I'd like to take suggestions, I think it's so critical it might be worth 5%. What do people think?

It's very hard.
wxh
member
Activity: 98
Merit: 10
nteresting idea,
can you add the "fixed-term deposit rate" feature,
you can lock the coin to 6 months to gain more profit.
sr. member
Activity: 308
Merit: 250
Do you have a schedule? The way for distributing is very important, just make sure there are regular rules.


Yes, the distribution is the most critical task for a POS coin, other than developing the code. With POW miners 'earn' their coins from wasteful, pointless calculations, but the incentive motivates miners to run nodes and secure the network none-the-less.

But for POS the distribution is vital! It's like you're distributing virtual mining equipment for securing your network, so you want to distribute to as many people as you possibly can.

137 people .... far too little, and by asking new comers to pay high prices for coins, your creating a massive hurdle that could be avoided.

I don't have a schedule, but I have ideas. As the distribution IS the fundamental task for Kora, I'm going to offer a bounty asap.

notes for 'registration' bounty hunters:
- registration has to be based on - 1 human, 1 stake
- most likely done on a separate external site to this forum
- need to check for multiple account abuse (check IP address, TOR use)
- ideas from other coins - twitter, facebook, reddit

I believe someone can design and implement a very solid registration setup - that person will get a big bounty. How much? I'd like to take suggestions, I think it's so critical it might be worth 5%. What do people think?
hero member
Activity: 686
Merit: 500
I want to participate. looking good.
member
Activity: 100
Merit: 10
I am a chinese financial analyst.I have three degrees--Finance,Business,Economic。

I can make the chinese understand your intentions.

I am familiar with Chinese laws.

You need an experienced stakeholder.
member
Activity: 228
Merit: 10
interested
full member
Activity: 209
Merit: 101
Smells good!
sounds interesting,watch it!
legendary
Activity: 1036
Merit: 1000
Interested
member
Activity: 107
Merit: 10
Interested,I want to join it.thank you.
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