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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 338. (Read 1103311 times)

full member
Activity: 210
Merit: 100
Crypto Currency Supporter
hero member
Activity: 700
Merit: 500
sr. member
Activity: 294
Merit: 250
blocknet will be benifitial to xc they said ..
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.



To prevent this, i think you guys should release the proof of concept before the ITO ends

Definetly

Yes, or at the very latest, before the 48-hour refund period ends.

We're working on it, btw.
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.



Can you tell us that the minum of 850 BTC including Alts sales is reached now? and how much has been sold in total BTC till now? Thank you.



I think so, but the past few days' FUD has put my calculation of these figures on hold.

Also, since Bittrex customers will be able to buy back their BTC in the 48 hours after the ITO ends, there's a chance that we will not end up with 850 BTC even if we have it now.

(On the other hand, the 48 hour refund opportunity means people can now buy BLOCK with no risk of loss, since they can sell if, after the ITO, market sentiment is not positive.)

hero member
Activity: 700
Merit: 500
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.



To prevent this, i think you guys should release the proof of concept before the ITO ends

Definetly
sr. member
Activity: 456
Merit: 250
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.



To prevent this, i think you guys should release the proof of concept before the ITO ends
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





Synechist said the wallet are going to be public and transparent about on what  and when they spend it.

I'd like to see WHO is getting funds.  Not only will that drastically increase confidence in Blocknet, it will show the community that funds aren't being extracted all to the same person or persons.  As a group of investors fronting a minimum of 850 BTC I think that it is our right to expect and to demand this.  If someone decides that their identity is too precious to have their identity revealed to us then they have no business taking OUR funds as payment for anything.

I say this not to be hostile but to make sure both our interests and the interests of Blocknet are protected.



Yes we will be releasing information on who will have access to the funds - and equally importantly who the third party functioning as co-signatory will be.

Bear in mind though that if Foundation board members rotate then the people with signing powers will change too.

We're working to try get these details all ready asap.
hero member
Activity: 700
Merit: 500
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.



Can you tell us that the minum of 850 BTC including Alts sales is reached now? and how much has been sold in total BTC till now? Thank you.

sr. member
Activity: 364
Merit: 250
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end?
keep up the good work & gl Smiley
cheers

They will be treated as unsold BLOCK and destroyed.

If enough are unsold for us to not make the minimum of 850 BTC, then all the BTC (and all the altcoins too) will be returned to BLOCK buyers.

sr. member
Activity: 364
Merit: 250
synechist, I have one question I cannot find or missed maybe... Smiley
let's say some will surely sell their block when trex will be open for that 48h after end of ito...where will those block go? to trex or to the team? or will be destroyed, meaning we, who belive in project and  hold them, will own more % at the end, edit: also meaning less tokens?
keep up the good work & gl Smiley
cheers
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Well this is an interesting post:

https://bitcointalksearch.org/topic/m.9409605

Not verifiable of course, but hey.
sr. member
Activity: 448
Merit: 250
Maan, finally a project i would buy in from the start and its gets the biggest fudstorm i´ve ever seen here.. Although the intentions of the ones behind it are even more shady as the ones they´re attacking (all noob accounts, obviously orchestrated ), iam uncertain to invest now...

The more and more 'FUD' i read about it the more and more i get the feeling that whenever one issue gets resolved...they try to pick on another one and chew on that one.
We have the chance to get out 48hr after the IPO, thats an oportunity if you change your mind and decide to still get out.
I'll stick to my investment, but that it to everyone to decide for themselves.

hero member
Activity: 602
Merit: 500
Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





Synechist said the wallet are going to be public and transparent about on what  and when they spend it.

I'd like to see WHO is getting funds.  Not only will that drastically increase confidence in Blocknet, it will show the community that funds aren't being extracted all to the same person or persons.  As a group of investors fronting a minimum of 850 BTC I think that it is our right to expect and to demand this.  If someone decides that their identity is too precious to have their identity revealed to us then they have no business taking OUR funds as payment for anything.

I say this not to be hostile but to make sure both our interests and the interests of Blocknet are protected.

hero member
Activity: 560
Merit: 500
Idc if xc devs or prom or Santa Claus made every altcoin.  PM me if this coin is still getting pumped after ico ends otherwise I'm dumping all 12 btc into trex buy wall. I have no time for bad performing alts.
sr. member
Activity: 324
Merit: 250
Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





Synechist said the wallet are going to be public and transparent about on what  and when they spend it.
hero member
Activity: 566
Merit: 500
Maan, finally a project i would buy in from the start and its gets the biggest fudstorm i´ve ever seen here.. Although the intentions of the ones behind it are even more shady as the ones they´re attacking (all noob accounts, obviously orchestrated ), iam uncertain to invest now...
hero member
Activity: 700
Merit: 500
Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.





The ger posts are precious as much as hoertest ones I'm glad you are here
hero member
Activity: 602
Merit: 500
Question for the XC Team.

If this has been asked and answered I apologize ahead of time.

Will a public ledger be posted with schedules for disbursement of funds and to whom as the project moves forward?

If this has not been addressed at all yet, I suggest it be so.  You have an opportunity to tighten up how things are run.  Obviously due to the FUD and otherwise unflattering posts, along with an ITO release perhaps not as fully thought through as was needed this needs to be done and advertised quite loudly.  

You've got a great opportunity here with Blocknet and if you don't lock down the details and make them crystal clear it will hurt everyone involved.

As an aside, I think the team needs to take personal responsibility to protect the asset value of XC holders.  XC is a Gem in an otherwise bland and shady community of coins, it's up to you guys to keep that Gem polished.



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