Topic: [ANN] [R3D] NEW UPDATES COMING SOON - page 35. (Read 66783 times)

The ICO is going to fail. There's no way it can reach the minimum 800 btc. Lol. So much for being greedy, mr STONER19.

Yeah, but all of these numbers are irrelevant.  You could fork at any time to increase or decrease the price of different services as needed.  You could fork to move the decimal place to the left or right to increase or decrease the number of coins at any given time.  100 satoshis is also an irrelevant figure for the price because once the ICO ends, the free market takes over.

It's kind of a head scratcher why you guys would worry about this stuff before hand, as it's relatively trivial to adjust down the road.  Exactly how much BTC do you need to develop and deliver this platform?  Thats the only number that matters right now.

ITS to much 800btc to reach for ico.. plus its not a traders coin so why not give half away and keep half and tell your devs to do work for free in there free time..
because you will never reach 800 btc plus delete me again and i make sure it never gets of the ground I HAVE THE POWER

I already did. It wasn't much, but I will buy more if I see chances that this project will start. Until now it doesn't get enough attention and that kind of attention it should get. And I'm not talking of buying blind the CFC without any questions. But the idea is worth it to be discussed with a focus on it's potential. It seems, the majority is more interested in gambling, throwing BTC to Copycats with some nice pics and one-line-promises. They just follow those, who won't hesitate to rob them... It needs a new generation of Investors. Innovative Devs with unique ideas are already in the market. Enough people who are able to think for themselves and distinguish between real potential and silly hypes are missing.

Go ahead and drop some btc's on this then.   

Kinda hard to take somebody seriously who draws conclusions out of a nickname. ;-)

Not looking good for R3D.  Kinda hard to trust someone with the username "stoner19".   Who's to say you won't buy weed with all the funds.  lol

Do I blame either of you for the way you're thinking?  Not one bit.  We're riddled with empty promises daily in this arena and people are losing money hand over fist.  I'm not asking anyone to retract their opinions, only give us the fair shake to prove that this is us tired of the status quo, and we're doing what's within our abilities to change it.  Give us a bit of time to prove that and if your opinion changes afterwards or not, that's alright too.

     Best regards,

syntaks

Doesn't matter, they're so far off at this point they're likely working on the next idea.

Why a self moderated thread? You are asking for a big ass amount of bitcoin here... The least you can do is be transparent and make the thread UNmoderated. Yes that too is a part of being transparant with investors and interested parties


History tells us, that coins made by hired devs.. fail about 90% of the time in the long-term... What makes you think this project will succeed?




Banzai

Reddit was only used as an example to show how many users, posts, replies, votes, etc. there can potentially be on a popular site. The intent was not to say that R3D will be used as the core of reddit (although can certainly be implemented should reddit chose to do so). We are making a platform for people to build a next generation reddit, for example.

R3D is meant to be a change to the current system of crypto where there really isn't any "services" as of yet. R3D is pretty much 100% service based, with the ability to send, use, spend, and apply R3D coins, but not the primary purpose. The crypto aspect of R3D is only the "tip of the iceberg" so to speak. It's the services, platform, and application behind it that make R3D what it is.

Quoting data on total market size only turns into a thought experiment. It's only the first and easiest step of market research.

You need to project and develop a range of pessimistic/optimistic scenarios on what percentage of those systems R3D can insert itself into, based on direct planning to get there.

Like, [best case] We talk to Reddit and they love the idea, we beta test R3D integration with a few subreddits, it goes great, we roll it out sitewide in 3 months. 100%.

[optimistic] We develop from scratch an app that serves as a layer over Reddit's existing public API (if that even exists) and develop an organic-growth subreddit by subreddit grassroots implementation using an MLM-style referral system. Once there's a critical mass of userbase (2% of subreddits? 10%?) we open talks with Reddit to implement R3D directly. 6-12 months depending on growth metric analysis.

[conservative] Reddit and all for-profit entities unilaterally reject R3D due to the loss of control a permanent, decentralized R3D blockchain gives, considering liability for hate/childporn/etc. indelibly being posted on their platforms. R3D's use case potential is limited only to services like Wikileaks and social sites under oppressive regimes; R3D fails to gain traction with existing services like Wikileaks because existing methods of keeping information alive (torrenting, Tor/I2P) work well enough. Footholds for R3D are gained only by offering tailor-made forums for specific oppressive regimes, one by one; translating costs, etc.

The above isn't market research, just tiny slices of thought experiment for each niche with no actual market share calculations or timelines. Sorry to play devil's advocate on you guys, but there is a LOT more to consider than total market size. There are 14 billion human hands out there, but that doesn't mean 5% of their owners want to buy your hot pink woollen mittens for $29.99.

we're consulting with people regarding marketability to spread the word and gain use. Again, this isn't supposed to be hyped up like the many other pump and dump fails just to get investors on board.  The real world application of r3d is the selling point, it's just a matter of finding the best way to relay that.  We're already speaking with people that TheMage so graciously put us in contact with.  If you want to know a strategy for convincing people to buy this and how it's going to profit them insanely once the market is live, feel free to check the ANN section or crowdsale.io as I'm sure those "answers" are waiting in there in the dozen CFCs that I'm sure have gone up within the time I'm writing this.  If you want to know what you'll be able to use r3d for, we can answer those questions without hesitation.

If the code works, then good project. However 800-4000 btc is just ridiculous, are you out of your minds? By claiming these amounts you killed your own project (greed took over?). People will not take this serious.

I think it`s a good project with but final goal of 4k btc or 800 btc is a but too much. We will see, i bought some to see what will happen.

must or no sell.

The more I think about this the more interesting it is to me. The first point: I mentioned several times in several posts that I believe that the future of Crypto will be a combination of financial system and social-network. And one problem of Crypto is: It's mostly focused on the paymentsystem-aspect and there are already 500 and more Coins and maybe just Bitcoin is really used.

Crypto as a payment system has huge potential and I'm pretty sure it will change the financial system and go mainstream (I mean it in general, Blockchain-Technology). Most of the currently existing Altcoins have just one use: Trading - buy and sell with the aim for profit. And I don't mean that critical in any way. I like that game.

But: What is interesting about this idea and kind of paradox if I understand it right: Because it's not so focused on the financial aspect it could be a good buy if it should unfold (don't know if it's the right word) a dynamic to a social-network or be used in a social network. And: With it's own inherent economy. That's very interesting as well! And if I say "interesting" I absolutely mean interesting as an investment.

To quote TheMage:



What do people all the time? Communicate. What do we here and everywhere in the Internet? Communicate... But everywhere there is "somebody" who can make and change the rules. And so it would bring indeed something new and something that would be used now if it would be already here. It's worth to think about it! Would it be used if it would already exist? I would say the answer is "Yes". That's different to most of all the other projects.


But: Would it be possible to bring such an idea into existence without a CFC? Maybe yes, if rich people would be behind it, enough time to code something like this in their 24-hours-a-day-freetime and to pay PR for it out of their pocket. But would rich people start something like this? I doubt that! And one fact in Crypto is in my opinion: It maybe doesn't need money to start something. But it needs some money to start a dynamic and to let it grow.

And I believe that we see here something like a misunderstanding. I have the advantage to know Stoner. Therefore I had no doubt it's legit. My questions was more: What the hell is this? And "is it possible to develop?" I'm not sure I completely understand it now. But I'm sure the most people focus to much on the CFC and claiming it would be "expensive" or even it could be a Scam. And I know Syntaks. He posted his statement (whoever doesn't know it, read it: https://bitcointalksearch.org/topic/m.12046250) and now there are no more Scam-Accusations and it's obvious that there are very skilled Devs behind it. But some still believing it's too expensive. And that's simply not true if you compare it to Supernet or Blocknet and some other known ICOs. It's cheap. And in my eyes: This idea has more potential. It also has more potential reach something like a "self-dynamic".


What's the problem? I believe it would have been good to announce it 2-3 weeks before the CFC and to give people more time to understand that this is not just another Coin. Maybe it was the "ninja-announcement-CFC" ;-)  ...that brought up some concerns (and accusations).


To sum it up, just my perspective: At this moment it's unpredictable if the CFC will reach the minimum to be considered as a success. But if not, it should have a second chance in some way. And it absolutely needs more attention. It doesn't get the attention it deserves.

If I would be the Boss of this I would have made a CFC before the CFC to make money for PR for the CFC! ;-))

Alright, so you've highlighted some of the largest websites there are.

How do you plan to get there?  (Hint: it's not all about the tech)

It seems that most are concerned about our MAX sellout price along with the total r3d supply.

Let's do some math here to outline why we chose these numbers. We'll start with gathering some data from some popular sites.

Reddit
registered users: 36,136,190
subreddits: 688,164
posts in 24 hours: 52,117
comments in 24 hours: 469,987
up votes in 24 hours: 4,401,080
down votes in 24 hours: 702,349
(note: *24 hour statistics are averages from 10 years of data)

Facebook
active users in 24 hours: 968,000,000
pages: 54,200,000

Wikipedia
pages: 5,033,044

Bitcointalk
users: 526251
threads: 464804
posts: 12010460

WikiLeaks
docs: 251,287

Now, lets say that these platforms were built on r3d core. At our current proposed fee structure outlined in the ANN, Reddit alone would utilize a total of 126,476,665,000 r3d just for account registrations. Keep in mind that this is not all at one time (since total supply is 4,000,000,000). These are total registered users. that is 126,476,665,000 r3d worth of fees earned by miners. At 100 satoshi per r3d that is over 126,475 BTC recirculated directly from a single deployed application directly to the miners. Again, these numbers aren't even taking into consideration the number of posts or up/down votes. And as we all know more and more people are using the internet in addition to services like these and social media. There is nothing but massive room for growth and adoption for r3d's usability.

What is raised through our CFC is to be paid to the development team for ongoing features as a full-time development job.

references:
http://www.redditblog.com/2015/06/happy-10th-birthday-to-us-celebrating.html
http://redditmetrics.com/
http://expandedramblings.com/index.php/reddit-stats/
http://investor.fb.com/releasedetail.cfm?ReleaseID=924562
http://expandedramblings.com/index.php/by-the-numbers-17-amazing-facebook-stats/
https://en.wikipedia.org/wiki/Wikipedia:Statistics
http://www.statisticbrain.com/facebook-statistics/
https://bitcointalk.org/index.php?action=stats
http://lebanonspring.com/2011/06/01/wikileaks-interesting-statistics/

*note some statistics are averages taken from 10 years of data

I sure hope you've got some marketing planned cause this is on a long trip to nowhere.