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Topic: [ANN] Wrapper. I2P Market. Zerocoin Source and Fourier Protocol - page 15. (Read 23348 times)

sr. member
Activity: 537
Merit: 259

 Want to invest, as I often do with these kind of new projects, but not without a couple of the basics being covered first like:
  • working chain
  • source code (how hard is the to push to Git)
  • dev. transparency (we don't know who you are)
   For those reasons, I'm out...(all of the whitepapers, theory, concept and promises in the world can't replace the basic proof of a working coin and team).


yep, nothing working (except a website Roll Eyes) , atleast git with repository to allow investors track the progression of wrapper project.
sr. member
Activity: 255
Merit: 260

 Want to invest, as I often do with these kind of new projects, but not without a couple of the basics being covered first like:
  • working chain
  • source code (how hard is the to push to Git)
  • dev. transparency (we don't know who you are)
   For those reasons, I'm out...(all of the whitepapers, theory, concept and promises in the world can't replace the basic proof of a working coin and team).

newbie
Activity: 56
Merit: 0
Only 9 more hours until the first price increase of our ICO!
https://c-cex.com/?p=wrp-btc
newbie
Activity: 56
Merit: 0
The c-cex ICO rules recommend that coin developers provide Proof of Developer, Coinsource Trust Index rating, or a short video where coin developers introduce themselves. C-cex also states it can't vouch for coin developers because of scams and other negative events.

Will the wrapper devs be providing Proof of Developer, Trust Index rating, or a short video introducing themselves?

https://c-cex.com/?id=ico
Quote
ICO rules

9 Due to recent scams and other negative events, C-CEX can no longer vouch for coin developers. There is no way to verify a developer's identity or to prosecute an individual or team that abandons the projects or otherwise does not adhere to the stated ICO/coin terms without having a substantial legal infrastructure which we can not provide.

10 If the coin developers can not provide a POD (Proof of Developer) or Coinsource Trust Index rating, C-CEX will recommend the provision of a short video where coin developers introduce themselves and their coin and explain the basic concepts behind the coin and why they believe it can be successful.

We are working in getting an interview going where we answer questions and let people know a bit more about the developer team since this seems to be very important for investors. Inthe meanwhile, if you are looking to invest, please read our whitepaper do you can understand what our tech and ideas are about and what the team specialises in (signal processing).
newbie
Activity: 14
Merit: 0
The c-cex ICO rules recommend that coin developers provide Proof of Developer, Coinsource Trust Index rating, or a short video where coin developers introduce themselves. C-cex also states it can't vouch for coin developers because of scams and other negative events.

Will the wrapper devs be providing Proof of Developer, Trust Index rating, or a short video introducing themselves?

https://c-cex.com/?id=ico
Quote
ICO rules

9 Due to recent scams and other negative events, C-CEX can no longer vouch for coin developers. There is no way to verify a developer's identity or to prosecute an individual or team that abandons the projects or otherwise does not adhere to the stated ICO/coin terms without having a substantial legal infrastructure which we can not provide.

10 If the coin developers can not provide a POD (Proof of Developer) or Coinsource Trust Index rating, C-CEX will recommend the provision of a short video where coin developers introduce themselves and their coin and explain the basic concepts behind the coin and why they believe it can be successful.
newbie
Activity: 56
Merit: 0
In the next following days we will be announcing something really cool that will be featured in our wallet! Stay tuned.
newbie
Activity: 56
Merit: 0
1 more day until the first price increase. The early investor bonus will be reduced from 30% to 20%.
newbie
Activity: 56
Merit: 0
This could be good news will see when site live.

The site is already live (I2P and TOR working). It justs needs some sellers and some design work.
hero member
Activity: 994
Merit: 503
This could be good news will see when site live.
newbie
Activity: 56
Merit: 0
Hey everyone! Today we have very good news to share.

We are launching WrapperRoad, the TOR version. This means people will be able to access WrapperRoad via I2P and via the TOR network.
You can check it out here: http://mwy3ogagzse5cubq.onion/

This is just the beggining, more updates will soon follow. Stay tuned!

Note: The website will only start working after the chain is launched and it's proven to be stable. If you want to become a seller please contact us!
newbie
Activity: 56
Merit: 0
Unsold will all be burned right?

Yes. All unsold coins will be burned.
hero member
Activity: 994
Merit: 503
Unsold will all be burned right?
newbie
Activity: 56
Merit: 0
Update on our ICO: 34% sold.

Available at: https://c-cex.com/?p=wrp-btc
newbie
Activity: 56
Merit: 0


We had the entire FAQ in the thread but it was a bit big and people didn't read it all. It seemed like most people were visiting the website like you and getting to know the project before investing, understanding that the coin is POW.


anyway , bought few ico coins, lets hope only this project isnt another scam.

Question:
ICO funds will be released by c-cex before or after wrapper mainnet network successful launch.

Funds will only be released after Wrapper's successful launch and after c-cex verifies there are no problems with the network.
sr. member
Activity: 537
Merit: 259


We had the entire FAQ in the thread but it was a bit big and people didn't read it all. It seemed like most people were visiting the website like you and getting to know the project before investing, understanding that the coin is POW.


anyway , bought few ico coins, lets hope only this project isnt another scam.

Question:
ICO funds will be released by c-cex before or after wrapper mainnet network successful launch.
full member
Activity: 122
Merit: 100
Mr.newie ,plz step away,this market is flooded with all kinds of ICOs.
newbie
Activity: 56
Merit: 0
We just published a new announcement in our development blog, "WrapperRoad fees and what to do with them". http://wrapperproject.com/wrapperroad-fees-what-to-do-with-them/

In this last couple of days the biggest discussion in the wrapper team chat has been around the topic of how we are going to use the fees collected from WrapperRoad.
 
We have now reached an agreement and would like to share it with our investors and community.
 
The first thing we agreed on is that WrapperRoad will not, at least in its first months, exclusively accept Wrapper as the transaction currency. Bitcoin will also be accepted but we will recommend the use of wrapper as a mean of providing extra privacy. Paying with wrapper will also provide a discount over the base price of a product. The reason why we choose to do this is that we want to make it as easy as possible for users to switch from the current markets to WrapperRoad without a big hassle.
We have also agreed on how we are using the fees we collect from the market. They will be used in the following way:

Fees for payments made in Bitcoin:

-60% to buy WRA directly from the open market and store it in the development fund.
-40% to the development team.

Fees for payment made in Wrapper:

-50% to store in the development fund.
-50% to the development team.
 
The point of this fee distribution is to give back to the system while also contributing to the work of the development team.


Thank you for your time,
The Wrapper Team
newbie
Activity: 56
Merit: 0
it seem there is a POW phase, why you didnt mentioned that in thread?

http://wrapperproject.com/faq/
Code:
what is the distribution model for wrapper?
10 million WRA coins will be mined on block 2 and distributed in our Initial Coin Offer (ICO).
Throughout the next seven years, 30 million additional coins will be mined via Proof-of-Work. After block 2, the block reward decays gradually and linearly, according to the equation: [20 – (0.000005)*(block height)].
After that there will be another seven-year period where 4 million coins will be mined via Proof-of-Work at a constant rate of 2 coins per block.
After these two seven-year periods, wrapper will be mined via Proof-of-Work at a constant value of 1 coin for each block, forever.

We had the entire FAQ in the thread but it was a bit big and people didn't read it all. It seemed like most people were visiting the website like you and getting to know the project before investing, understanding that the coin is POW.

Some examples:

(...)
Though it's an ICO, there's also a long-PoW mining component with linear-decay block rewards. I love that.

Please take a look at the "Tech" and "FAQ" sections  in our website.
http://wrapperproject.com

I will copy this information to the thread later today.

Just noticed that the white paper will be available in December 2016 on the page.

You still need to add more details such as the total supply, and I still don't know who's in the team.

Quote
10 million coins will be mined on block 2 and distributed in our Initial Coin Offer (ICO).
Through the next 7 years 30 million more coins will be mined. The reward of these blocks will be 20-0.000005*block height.
After that there will be another 7 year period where 4 million coins will be mined at a constant rate of 2 coins for each block.
After these two 7 year periods wrapper will be mined at a constant value of 1 coin for each block forever.

How will be these 30mln coins mined? (algo/distribution)?
How will be these 30mln coins mined? (algo/distribution)?

Algo will most likely be lyra2 (the same as zerocoin). The mining distribution will be the following: 

"Through the next 7 years 30 million more coins will be mined. The reward of these blocks will be 20-(0.000005*block height).
After that there will be another 7 year period where 4 million coins will be mined at a constant rate of 2 coins for each block.
After these two 7 year periods wrapper will be mined at a constant value of 1 coin for each block forever."

That's a linear decaying reward for the first seven years, then a constant reward forever, first of 2 and then 1 coin.

Anyways, we will add it to the OP.
sr. member
Activity: 537
Merit: 259
it seem there is a POW phase, why you didnt mentioned that in thread?

http://wrapperproject.com/faq/
Code:
what is the distribution model for wrapper?
10 million WRA coins will be mined on block 2 and distributed in our Initial Coin Offer (ICO).
Throughout the next seven years, 30 million additional coins will be mined via Proof-of-Work. After block 2, the block reward decays gradually and linearly, according to the equation: [20 – (0.000005)*(block height)].
After that there will be another seven-year period where 4 million coins will be mined via Proof-of-Work at a constant rate of 2 coins per block.
After these two seven-year periods, wrapper will be mined via Proof-of-Work at a constant value of 1 coin for each block, forever.
sr. member
Activity: 255
Merit: 260

   So the marketplace will be a site with a listing of vendors that accept WrapperCoin? Will you be adding any kind of payment system like CoinPayments?



The website will be something like ebay where sellers create accounts and list their products. The only payment system will be Wrapper.

  Ohh, nice. That's a unique approach. I am an owner of an online t-shirt store, and will be keeping an eye on your progress so that I can offer up some products on your service.

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