Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 334. (Read 490242 times)

and to add to that moolah is a registered company in england, considering the law in england, moolah is legit

Just to give that answer some context @slex = Moolah = Escrow. If we fail, Moolah will be contacting all investors to make sure they get their BTC back proper.

Great! I am in

There no such thing as too much testing

In the event that Syscoin fails to deliver, we will be contacting all parties via email for a refund address.

Trying to keep up here...




On the team call this morning we were discussing that in 4 weeks it may be feasible to implement "smart contracts" as they are typically understood in the crypto community, requiring 2 sets of keys, etc. The other feature would be making the already-on-deck marketplace feature a bit more flexible by allowing the concept of counteroffers to a seller's asking price. Escrow is also on the long term roadmap but its not something we can fully deliver in 4 weeks. If we sell out sooner and launch sooner then these 2 additional features will probably bleed into the next release.


The second, it is contingent on delivering what we outlined in the preann (4 features, merge mineable, plus normal coin stuff). If we just deliver a clone coin (not happening) you'd get your money back. If we don't deliver at all, of course you get your money back.

Alpha/beta is something we're toying around with but also keep in mind the overhead that takes to manage/respond to feedback and how that may impact our ability to roll out new features on top of the 4 already slated for the launch. Not something we're saying "no" too but something we want to make sure it manageable. We have been testing Syscoin for almost 2months now, so I wouldn't call it untested but more testing never hurts.

Thanks for the clear and quick response

OK, I pay BTC now and basically get SYS in approximately 4 weeks time (except in case presale is sold out really quickly, I just read).

In the event the SYS team does not deliver SYS I get an automatic refund from escrow, correct? What is 'not delivering SYS'? Failing to deliver a simple wallet with SYS coins and no additional functionality at all? Or not delivering a fully functional wallet with the 4 core features operational (no alpha's, bèta's, untested) as listed in the OP?

Who/what determines whether I am entitled to a refund? A SYS certificate?

Like others have asked, do you have any roadmap or budget for the ipo funds?

Will devs be keeping any significant BTC for themselves or will all funds go towards marketing/development, etc?

What types of marketing are you planning on doing to reach outside of the crypto community?
How will you get wall street interested?

Thanks

a sneak peak on these two features?

Hi, a small suggestion. I think the minimum purchase of 0.1BTC is a bit high for some people. Most of us who follow this thread have been very much aware of syscoin and were very much looking forward to invest, so we had time to allot funds for the presale.
But for some who are new to syscoin would like only to invest a little. the current min.purchase could put-off small investors. I think a lower min.purchase would ensure wider and fair distribution. If you would ask me i'll suggest you to go as low as 0.01BTC

At the latest. If we feel the platform is stable enough sooner we may launch sooner, esp if the presale sells out. We're trying to squeeze 2 more significant features into the launch (in the 4 weeks til launch) so will have to see where we're at when presale sells out/if it does.

so regardless of all the ipo shares being bought before aug, launch is on the august 16th

That is correct. We will do a full launch on August 16th.

so is the launch 4 weeks from now fixed, i read that if we get the target of 1500btc will it be launched early.

I am not familiair yet with IPO. Someone care to explain please?

So I send BTC to a generated address and get an e-mail in return with 1: a keypair or 2: a wallet.dat.

Then what? I believe there is no wallet out yet, correct? So what to do with the keypair or wallet.dat until wallet is ready? When is wallet planned for release?

In case of 1: keypair: how do I import a keypair? Any suggestions for a good tutorial? I do not want to lose BTC.

In case of 2: wallet.dat: if I mine syscoins too I presume I must use wallet.dat from IPO before generating addresses to receive mint syscoins ?

What do you recommend, keypair or wallet.dat?

In short, when do I have coins in my own personal wallet after purchasing in IPO?

Thanks in advance for the help.

No, i mean for refund purposes. Someone might want to have a refund, lol

Awesome! Glad it worked, maybe there was a rogue " " in there after the "1" or something, we just tested with "1" and it gave us an address but if other people run into similar problems please let us know and we'll investigate further!

Also, we've increased translation bounties significantly (10k SYS, ~0.05btc). Someone has already reserved the chinese translation.

Very strange.. Putting in 1 works for me.

Hahaha!!! GOT IT !!!!! The bottom line whee is says amount. I was putting in a single number e.g.. 1     I needed to put 1.0 and then in a second it came up with the address. Dummy me, but I've got it now. Thanks for all your help and quick responses.

You can send coins to an old exchange address. Not sure the time limit though (depends on an exchange and how long they keep old addresses so e-mail and ask if you want to be sure). 


It is 1 minute.

Any answer to this?