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Topic: [ANN][AERO] Aero | 100% PoS | AeroME | Anonymous Sending - page 28. (Read 420719 times)

hero member
Activity: 938
Merit: 1002
How about this.7,13mill for holders.500-600k for dev.Rest of coin-make sell wall at 10k and we have CFC all the time.

Who owns the sell wall, dev? So you're saying give the holders 7 mil, the dev 600k, and 4.4 mil to dev that has to sit on 10k and if it sells he gets the btc?
Yes,dev or escrow .4.4 mill for ATM-s

I'd just be worried that puts us in the same situation the last ANN put us in.
sr. member
Activity: 623
Merit: 251
How about this.7,13mill for holders.500-600k for dev.Rest of coin-make sell wall at 10k and we have CFC all the time.

Who owns the sell wall, dev? So you're saying give the holders 7 mil, the dev 600k, and 4.4 mil to dev that has to sit on 10k and if it sells he gets the btc?
Yes,dev or escrow .4.4 mill for ATM-s
hero member
Activity: 938
Merit: 1002
How about this.7,13mill for holders.500-600k for dev.Rest of coin-make sell wall at 10k and we have CFC all the time.

Who owns the sell wall, dev? So you're saying give the holders 7 mil, the dev 600k, and 4.4 mil to dev that has to sit on 10k and if it sells he gets the btc?
sr. member
Activity: 623
Merit: 251
How about this.7,13mill for holders.500-600k for dev.Rest of coin-make sell wall at 10k and we have CFC all the time.
legendary
Activity: 1148
Merit: 1000
I ❤ www.LuckyB.it!
My vote for 500k coins to Dev for future development and i am ok with 1:1.66 (1 Aero gets you 1.66 AM) and if coins get remain destroy them straight away.
I agree with this idea or 5% 600k. Still remain question.Reaction of future investors?


no problem 600k will be ok Smiley and now i think we should open Poll and lets community members vote decide Smiley open the vote poll for 24 hours.
full member
Activity: 238
Merit: 100
Just have to tell them that innovation cost.
It sucks but its the truth.
sr. member
Activity: 623
Merit: 251
My vote for 500k coins to Dev for future development and i am ok with 1:1.66 (1 Aero gets you 1.66 AM) and if coins get remain destroy them straight away.
I agree with this idea or 5% 600k. Still remain question.Reaction of future investors?
legendary
Activity: 1148
Merit: 1000
I ❤ www.LuckyB.it!
My vote for 500k coins to Dev for future development and i am ok with 1:1.66 (1 Aero gets you 1.66 AM) and if coins get remain destroy them straight away.
full member
Activity: 238
Merit: 100
This is turning out so good!!

IPO is stopped and all coins go to the holders.
Coin-Swap happens so we can get on the improved blockchain.

We have set up meetings with different big investors to convinence them about our ATM deal.
So this big opportunity is still a reality.
The way we are gonna get those investors is by selling them Aero from our own pockets (Mainly myself).
That way they will get a large stake in Aero and can spit in the money needed for funding the ATM deal.
Some might ask; Why would they just give away money to fund this?
Because they will earn more from it then the funding will cost them.
This ATM deal is not something everyone can do, it is only because of the contact that we have the chance in the first place.

If someone's not sure if the ATM deal will bring to much to Aero, trust me, it will!
And now current holders dont have to suffer because of it.

Giving Majika Aero-Development-Fund.

As Kirk is proposing under here, I fully agree on this.
Majika is currently the main man for Aero, and keeping him motivated is really important.

Don't get me wrong, he is still motivated.
But factor in the circumstances, used last 6 months to develop, used up almost all the Aero he holds to keep doing it. And struggeling with bills, food, etc..

Giving him a piece for his work will ensure every holder that the dev will be 100% motivated and positive.
And we are talking about giving him a stake in HIS project. I think it is totally fair that the guy behind the work should earn on it.
This way he will be motivated to get the Aero price up, so his holdings are worth more.

I see 500k has been suggested under here, if I can come with a suggestion myself, I like an easy percentage when it comes to stuff like this.
Therefore I suggest 5% of the supply, 600k.

Hope many others can come with their suggestions and we can get a vote up in this thread on how much the community wants to give him from the 12 million AM.
hero member
Activity: 938
Merit: 1002
From what I understand it's going to be 12 mil no matter what. The new coin has already been made. Places like coinmarketcap will show us as having 12 mil total coins. It's just a matter of do we destroy any, and how many do we allocate proportionally to the holders, and how many to the dev. My vote is we keep 12 mil because I don't want investors seeing something like 7.5 mil in the thread and 12 mil on coinmarketcap and asking about it every time we get a new guy. Our coins would go up proportionately with the supply. I also think 1 mil of the 12 mil is a fair premine to ensure we have a dedicated developer that wants the price to go up just as badly as we do, and has the funds to keep doing just that. So.. that's where I stand on this.

250k is fair premine of the 12mill

Or we will get SCAM coin post again.

If we go back to our 3k floor at 12k coins, that 250k is =~$2,800 for 6 months of work already put in, the release and costs to finish AeroME, and most importantly development funds for whatever additions & features come out in addition to AeroME after it goes live.. (not to mention bills & food since he's doing this full time)

I don't see that as nearly enough.. and personally I prefer the dev responsible for making my portfolio go up and down to be much more invested than that.. but noted..
sr. member
Activity: 623
Merit: 251
From what I understand it's going to be 12 mil no matter what. The new coin has already been made. Places like coinmarketcap will show us as having 12 mil total coins. It's just a matter of do we destroy any, and how many do we allocate proportionally to the holders, and how many to the dev. My vote is we keep 12 mil because I don't want investors seeing something like 7.5 mil in the thread and 12 mil on coinmarketcap and asking about it every time we get a new guy. Our coins would go up proportionately with the supply. I also think 1 mil of the 12 mil is a fair premine to ensure we have a dedicated developer that wants the price to go up just as badly as we do, and has the funds to keep doing just that. So.. that's where I stand on this.

250k is fair premine of the 12mill

Or we will get SCAM COIN post again.
hero member
Activity: 938
Merit: 1002
Long I know.. but it's important so quoting for visibility.


Dear Aero Community

It pains me to see all the issues which i have caused, albeit for whatever perceived good intentions or reasons they were, its still pain which I have caused.
I have let you down. I have lost your confidence and i have lost your trust.
This is/has truly not been my intention. I would very much like to put this whole "mess" right. But in-order for me to be able to do this to the best of my
ability I need your help.

I apologize for the way this all turned out, and I admit that it was a badly decision by me.
Trust is the most important thing, and all I want right now is to restore your trust in me.

The crowdfunding campaign was created because a friend of mine owns 1,500 ATMs, and I had the opportunity to get Aero used on those with the proper funding.
after watching a new coin with similar white paper as aero get 2000btc with out single line of code..i got overly excited.
The huge detail I forgot was that the community had been waiting for a product almost 4 months.
When you are so close to things like I am, it's easy to get caught up in things and not see the reality of it all.

Therefore I am closing down the IPO.
The funding will not happen, and ATM's will not be a reality right now.
However, myself and the team are working on ways to get funding without asking the community.
Meetings with different investors has been set up, and we will try our best to make it a reality.

I need to know what you all think is the best way to proceed. I only want what is best for you all, I always have and I always will !

However, I have a problem which i hope you all take on-board and that is the new blockchain which was planned to take over the role from the
AERO block chain is superior in terms of its spec for the AeroME platform.
 
If this means doing a coin swap at a new ratio or whatever ratio you guys decide, its the new AeroME (AM) blockchain which will help me to continue
my work best.


Ideally this is what best should happen

Coinswap will happen on the 20th december, at bittrex.
All 12 million coins will go to the Aero holders. Meaning a ratio of 1:1.66 (1 Aero gets you 1.66 AM).

The coinswap has to be done due to some technical desisions which were briefly explained above. However, The updated AeroME coin (AM)
has been developed with some included "hooks" for my calls to the blockchain which AeroME platform will leverage. These API calls are needed
 for the platform to carry out blockchain operations from within the AeroME platform GUI. These has been a number of improvements in way
the nodes have been setup and have deployed DNS SEED techniques which have a much higher degree of reliability and flexibility than the
previous AERO daemon/network

However, If a consensus cannot be made on how best to proceed, I will do whatever it takes to make this right.

It was just me being overzealous and eager to get us something which was really special and above and beyond all our expectations.

This is still my goal "to give you something special" and if this means "we" have to revisit this ipo again at some other date I will ensure i am able to
include you all in the decision making process.

Please Always remember I have done what i done with only the best intentions. I truly did not mean to cause you harm and distress.

Finally, I have re-instigated a dialogue with the Bittrex team to see the options available regarding time frames for decisions on any corrections which
will be made. And to see what new terms (if any) will need to be agreed upon. 

The last thing I wanted was to be looked at like a scammer, and it makes me feel horrible that some people belive that.
I will do my best to restore your faith in me, and the first thing I am gonna do to accomplish that is releasing AeroME.
The coinswap needs to happen first, but after it I will publish an announcement on the release and KryptoLyding will start of a twitter campaign to create
awareness.

If you have any concerns or question, please join us in Slack.
You will find an Aero room there witch is where all the aeroteam members hang out on, and will be happy to help you out.

Finally,  I did not have anything to do with any price changes in the run up to this ipo announcement, this would have been counter intuitive in respect to the terms which myself and the bittrex team were negotiating at the time. Furthermore The Bittrex Team are very stringent on what i could and could not do. The guys over in Bittrex are all fair and also mindful about issues such as these. Please understand Bittrex team pointed out a number of issues which I was expected to face and they were right.


btw.. if anyone has any suggestions how how they think we should proceed feel free to spit them out. They will be read. Majika just wants what's best for Aero. I think he's been thinking over a bunch of possible paths on where to go from here. Any feedback will be considered, and I wouldn't be surprised if you guys are asked to pitch in your opinions on various possibilities he has already started to come up with.

Pull the CFC/IPO
Maybe get peer review of the fully working AeroME
Make a proper new, separate ANN for the CFC/IPO including screenshots and/or even videos of AeroME in action
Set the CFC/IPO for some stage early in the new year - December is just completely the wrong time for these

Hi thoridan
Yes, There will be a complete external and independent peer review corried out on said platform.
in regards to the possibilities of future IPO/funding scheme we will ALL need to discuss options and best methods to reach satisfactory outcome.




Respectfully,

Majika



Majika / Community,

I have a counter proposal..

(I have not spoken to Majika about this yet, though I talked it over in the slack group.)

I will post the convo below, but here it is in short.

Majika has worked very hard on this project for 5+ months. There have been LOTS of expenditures involved that remain invisible to most of you because Majika simply doesn't want to ask for funds from all of you ever time he has to pay for server costs.. components for AeroME.. FOOD.. etc.. As far as I know Majika is doing this full time for us. That tiny ass Aero pre-mine from 6 months ago? Yeah forget that, blown out of the water long time ago with expenses. He of course must hold some Aero still.. but it keeps shrinking with every expense. The CFC was one solution to this issue, but as we all immediately saw it wasn't a very good one. I personally feel it's very important for a developer to be heavily invested in his own project.. this keeps his desire for his work to move the price up strong, his spirits high, and his dedication steadfast.

Given this..

I move that we allow Majika to keep 1 MIL of the new coins for development funds, bills, food, motivation, keeping his spirits up, and quite frankly to show him that we give a shit about the 6 months of effort he's dedicated to this project for us. The rest of the coins would be distributed to the holders at whatever ratio that would be. While the CFC wasn't quite the right solution.. this solves the problem without us having to take a loss or pitch in more money into a CFC. And most importantly.. it reinforces the same burning desire we all have to see the price of aero blow a big hole through the moon!

Again.. Majika has yet to see this idea.. I'm sure he will when he logs in next.. I would personally really love to see this happen... I think it's a fair solution for all. thoughts?

----


sinking-boat [10:41 PM]
Kirk . . .

sinking-boat [10:42 PM]
Can we hire a much pro-designers for AEROME?

iam_crypto [10:44 PM]
With what funds? :disappointed: That leads me to something I was thinking about:

sinking-boat [10:44 PM]
Atleast bounty for best logo and OP

iam_crypto [10:44 PM]
Since we aren't doing CFC:

sinking-boat [10:45 PM]
Some total revamp's needed.

sinking-boat [10:46 PM]
Thats why i propose for a visual treat (edited)

iam_crypto [10:49 PM]
Majika has put a lot of hard work into this.. full time for like 5 months not getting paid.. not even focusing on his bills and food etc.. there are development costs.. and I'm pretty sure the 50,000 Aero premine has been used up a long time ago. IDK how much he even holds at this point with expenditures. Which means his primaary reason for doing this for us is because his name is on it right? Personally I prefer a coin where the dev is heavily invested, that way he has a reason to work hard trying to make the price go up, and has high spirits.. I was thinking maybe we should ask the community how they feel about a premine of the new coin for him instead of a CFC. like let him use 1 of the 12 mil towards server costs.. dev funds.. etc.. Puts his spirits way up after this.. shows him the community doesn't expect him to slave over this for nothing so they can get rich without ever helping, gets him really encouraged to do a damn good job.. etc..

iam_crypto [10:49 PM]
I'm sure he hold some aero ofc, just I think he's been forced to spend a lot of it..

iam_crypto [10:49 PM]
the CFC would have helped with that

iam_crypto [10:49 PM]
thoughts?

iam_crypto [10:50 PM]
i have not spoken to majikaa about this btw... (edited)

sinking-boat [10:50 PM]
This is a way better than IPO.

iam_crypto [10:50 PM]
It seems reasonable right?

sinking-boat [10:50 PM]
ofcourse

iam_crypto [10:50 PM]
and none of us have to pay.. situation solved on all fronts..

sinking-boat [10:50 PM]
How about 1 million premine

iam_crypto [10:50 PM]
that's exactly what I was thinking :simple_smile:

iam_crypto [10:51 PM]
ok..

iam_crypto [10:51 PM]
Majika doesn't know about this yet, but I'm thinking I will make a post about it in the thread

iam_crypto [10:51 PM]
See how people feel

iam_crypto [10:51 PM]
hopinf they agree

iam_crypto [10:51 PM]
we need a dev with the capabilities to do his work, and the high spirits to want to work hard..

sinking-boat [10:51 PM]
THis could bring a much more confidence among the investors, as its a win-win situation for both the dev and the community. (edited)

iam_crypto [10:52 PM]
it wont be enough for the ATM's.. but there are still lots of other funds involved..

iam_crypto [10:52 PM]
Glad you think so

iam_crypto [10:52 PM]
I think this is important.. was worried it'd get immediately shot down.

iam_crypto [10:52 PM]
ok, I'll make a post in the thread.

sinking-boat [10:52 PM]
Premine by a trusted dev is acceptable
hero member
Activity: 938
Merit: 1002
From what I understand it's going to be 12 mil no matter what. The new coin has already been made. Places like coinmarketcap will show us as having 12 mil total coins. It's just a matter of do we destroy any, and how many do we allocate proportionally to the holders, and how many to the dev. My vote is we keep 12 mil because I don't want investors seeing something like 7.5 mil in the thread and 12 mil on coinmarketcap and asking about it every time we get a new guy. Our coins would go up proportionately with the supply. I also think 1 mil of the 12 mil is a fair premine to ensure we have a dedicated developer that wants the price to go up just as badly as we do, and has the funds to keep doing just that. So.. that's where I stand on this.
sr. member
Activity: 448
Merit: 250
Im all for crowd funding by adding more coins, I really want to make Aero ATMs happen. It was the fact that my coins were going to be cut by more than a half and the total coin count was going to double... and there was a chance that the IPO could fail... It had me nervous. If its just upping the coin count to help dev move projects along then ill buy my fair share...

i agree ..dev need some kind of real life funding to cover costs...
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
Im all for crowd funding by adding more coins, I really want to make Aero ATMs happen. It was the fact that my coins were going to be cut by more than a half and the total coin count was going to double... and there was a chance that the IPO could fail... It had me nervous. If its just upping the coin count to help dev move projects along then ill buy my fair share...
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
I agree with the above or a variation on it, If buying AeroMe aids our dev, and doesnt destroy my coins....then im happy to buy more to aid the project.
hero member
Activity: 938
Merit: 1002
Side note, destroying coins does not reduce the listed total supply in things like coin market cap.. it just destroys them. I do not think there is any good in doing this.
hero member
Activity: 938
Merit: 1002
Majika / Community,

I have a counter proposal..

(I have not spoken to Majika about this yet, though I talked it over in the slack group.)

I will post the convo below, but here it is in short.

Majika has worked very hard on this project for 5+ months. There have been LOTS of expenditures involved that remain invisible to most of you because Majika simply doesn't want to ask for funds from all of you ever time he has to pay for server costs.. components for AeroME.. FOOD.. etc.. As far as I know Majika is doing this full time for us. That tiny ass Aero pre-mine from 6 months ago? Yeah forget that, blown out of the water long time ago with expenses. He of course must hold some Aero still.. but it keeps shrinking with every expense. The CFC was one solution to this issue, but as we all immediately saw it wasn't a very good one. I personally feel it's very important for a developer to be heavily invested in his own project.. this keeps his desire for his work to move the price up strong, his spirits high, and his dedication steadfast.

Given this..

I move that we allow Majika to keep 1 MIL of the new coins for development funds, bills, food, motivation, keeping his spirits up, and quite frankly to show him that we give a shit about the 6 months of effort he's dedicated to this project for us. The rest of the coins would be distributed to the holders at whatever ratio that would be. While the CFC wasn't quite the right solution.. this solves the problem without us having to take a loss or pitch in more money into a CFC. And most importantly.. it reinforces the same burning desire we all have to see the price of aero blow a big hole through the moon!

Again.. Majika has yet to see this idea.. I'm sure he will when he logs in next.. I would personally really love to see this happen... I think it's a fair solution for all. thoughts?

----


sinking-boat [10:41 PM]
Kirk . . .

sinking-boat [10:42 PM]
Can we hire a much pro-designers for AEROME?

iam_crypto [10:44 PM]
With what funds? :disappointed: That leads me to something I was thinking about:

sinking-boat [10:44 PM]
Atleast bounty for best logo and OP

iam_crypto [10:44 PM]
Since we aren't doing CFC:

sinking-boat [10:45 PM]
Some total revamp's needed.

sinking-boat [10:46 PM]
Thats why i propose for a visual treat (edited)

iam_crypto [10:49 PM]
Majika has put a lot of hard work into this.. full time for like 5 months not getting paid.. not even focusing on his bills and food etc.. there are development costs.. and I'm pretty sure the 50,000 Aero premine has been used up a long time ago. IDK how much he even holds at this point with expenditures. Which means his primaary reason for doing this for us is because his name is on it right? Personally I prefer a coin where the dev is heavily invested, that way he has a reason to work hard trying to make the price go up, and has high spirits.. I was thinking maybe we should ask the community how they feel about a premine of the new coin for him instead of a CFC. like let him use 1 of the 12 mil towards server costs.. dev funds.. etc.. Puts his spirits way up after this.. shows him the community doesn't expect him to slave over this for nothing so they can get rich without ever helping, gets him really encouraged to do a damn good job.. etc..

iam_crypto [10:49 PM]
I'm sure he hold some aero ofc, just I think he's been forced to spend a lot of it..

iam_crypto [10:49 PM]
the CFC would have helped with that

iam_crypto [10:49 PM]
thoughts?

iam_crypto [10:50 PM]
i have not spoken to majikaa about this btw... (edited)

sinking-boat [10:50 PM]
This is a way better than IPO.

iam_crypto [10:50 PM]
It seems reasonable right?

sinking-boat [10:50 PM]
ofcourse

iam_crypto [10:50 PM]
and none of us have to pay.. situation solved on all fronts..

sinking-boat [10:50 PM]
How about 1 million premine

iam_crypto [10:50 PM]
that's exactly what I was thinking :simple_smile:

iam_crypto [10:51 PM]
ok..

iam_crypto [10:51 PM]
Majika doesn't know about this yet, but I'm thinking I will make a post about it in the thread

iam_crypto [10:51 PM]
See how people feel

iam_crypto [10:51 PM]
hopinf they agree

iam_crypto [10:51 PM]
we need a dev with the capabilities to do his work, and the high spirits to want to work hard..

sinking-boat [10:51 PM]
THis could bring a much more confidence among the investors, as its a win-win situation for both the dev and the community. (edited)

iam_crypto [10:52 PM]
it wont be enough for the ATM's.. but there are still lots of other funds involved..

iam_crypto [10:52 PM]
Glad you think so

iam_crypto [10:52 PM]
I think this is important.. was worried it'd get immediately shot down.

iam_crypto [10:52 PM]
ok, I'll make a post in the thread.

sinking-boat [10:52 PM]
Premine by a trusted dev is acceptable
legendary
Activity: 2716
Merit: 1017
Join the world-leading crypto sportsbook NOW!
If the extra coins go to the an ATM fund then I would be ok with that. How does that work? do I buy AeroME and theyre worth 2.5 Aero? if thats the case then I would actually buy some...I dont think thats a bad price and im happy to help fund the project as long as I dont lose any coins...
full member
Activity: 206
Merit: 100
Hi,

I will leave it a few more hours so that everyone has had a time to digest the news, well thats the wrong word.. "change of plans" maybe a better fit..
I would like some feedback from you all in regards to the ratio options

1) keep existing coin supply @ 1:1 swap ratio
2) Increase the number of coins to 12Mil @ 1:1.666 swap ratio
3) or some other ratio but 12Mil is the Max MoneySupply cap for AM

FYI: coins can be destroyed if this is an option you all wish to consider.
Another words all option are on the table.

I want it to be fair in rectifying this mess.

Through this process I have taken a lot onboard, many things I have miss read but now i need to put things right.
The more feedback I have from you guys the better consensus we can all reach which is best for majority.

Also a date you would like this all to happen, if there is a particular time frame let me know and I will discuss with The Bittrex team to see if they will be so kind and accommodate our wishes.

Respectfully,

Majika
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