Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 352. (Read 1103311 times)

Thank you for your replay. I look forward to these announcements.

Thanks, and yes, we'll now have a lot more time to focus on development, marketing, and bringing XC into the real world.

A statement has been issued on the closure of the XC thread: https://bitcointalksearch.org/topic/m.9395895

I agree, and what is needed as others have mentioned is total transparency with the funding. It can be lump dev payouts over time, or whatever, but people need real TRUST to combat the FUD. We need this before the ITO is finished, as apparently BLOCKNET is challenging big players and not everyone is going to play fair. As this appears to be what will be happening I am happy with that, as that should make BLOCKNET very strong in the end despite the FUD right now.

I am helping out a little with Horizon, not a part of BLOCKNET at all. As I am part of Horizon I really think this is important for our own platform, BLOCKNET, and all the other participating coins. We have to be far more transparent than the other options and provide better technology along with the marketing. Trust and transparency is essential, and not optional in my humble opinion. Thanks!

I;m happy that you closed XC official thread. Now we can keep this professionally on the official forum.

I hope the whole team will ignore every FUD thread on this retarded forum, and focus on the main thing, XC and Blocknet.
Ignoring them will make them more and more frustrated, and they will reveal the real thing, that they are some shills paid to spread FUD.


Keep the good work

Yes, participating coins do share in the success of the ITO.

Await further announcements pertaining to this. We will have details on our budget and spending in due course.

Plenty of room, 2,500 BTC would make roughly a market of $825k, that nothing if we consider blocknet would reach top 10 and if it delivers it can reach top 10 and that would mean x10 at least.

Blocknet tokens = nodes

"Every time a service is rendered, the nodes rendering the service receive payment directly from the nodes that request it, and Blocknet charges a fee for supporting the service. Owners of blocknet tokens earn fees in proportion to the number of tokens they own"

Do you will need a drawing to understand?

What will happen to all the ito money? Will any of it be given to the coins in the blocknet? Do they share in the success of the blocknet ITO? Seems they should if not. What good is a blocknet without its coins?

10m coins at 25k sats = 2,500 btc.

Too expensive, it can't even be pump'd to 20%. No room to grow or even make money, sad.

I agree completely. Thank you for this perspective.

We have every reason to be transparent and candid at every step, and this is the plan.

Stay tuned for news about our escrow arrangement, and about proof of concept code.

If the devs just do what they have to do regarding Blocknet updates and coding, everything is fine regardless what people whine about.

No doubt, it's like a bunch of kids begging for attention. I say move on with the big boys issues; the real work.

I agree with just the last sentence of your post, "or if they guaranteed that some of the ICO funds are used for a buy wall. ". Having a buy wall for the major coins in Blocknet would be a good idea.

Not trying to bash Blocknet, but greed really took over the altcoin world.

I own a crapload of SSD and XST (enough to crash both markets if i sell all at once) but i currently see no benefit of posting this ICO at 25k satoshis. I know that the price was based on the market cap of all the blocknet affiliated coins, but realize that the altcoin market is not that big (despite the inflated market caps of all the coins) and I am sure by holding 1000 bitcoins hostage for the benefit of the "development", it detracts from development of other good altcoins and the blocknet affiliated coins.

I am not rich in any way but I can buy enough ICO coins and sell a portion at lower price just to get more coins if i wanted to as people panic sell - everyone who's interested in this coin already bought, and there is massive sell pressure. If i sell just 10-20 BTC worth of ICO coins to start a panic sell when the trading assumes, it can easily destroy a coin. If I am capable of doing that, I am sure many of you guys are too.

It'd be nice if devs either started the ICO at a lower price or if they guaranteed that some of the ICO funds are used for a buy wall.

Hmm, If that's done, it should be accompanied by a public list of expenditures that +- shows what percentages of the budget were spend on what. 'Dev pay' could be one category, but if there is a 'champaign and caviar for the devs' section, we wanna see that as a separate category!
I have no problems with you guys earning a comfortable living, but with $1000000 laying around it's just too easy to say 'fuck it, lets earn more money per month and do less work' if there is no public oversight.
And i'm playing devils advocate here because a nontransparent financial policy will completely wreck and destroy the reputation of blocknet, the coins involved and every single dev working on them. It's in your own interest to be completely honest and transparent about everything that happens. And being honest is more than just saying everything we don't know without lying, honnesty is about telling the truth in such a way that it is undeniably and independently provable that you are telling the truth. The blockchain decentralised trust for a reason, make good use of it. Decetralised due diligence is the most important thing the blocknet needs to be successful, without it it will falter and die, and a fairer, more trustworthy alternative will take it's place in no time.

/devils advocate

Make it happen guys Make it happen right now! Put it on your website, post it in this thread, make a video about it, scream it from the top of every roof.  

After the ITO the fud and character assassination will suddenly stop and then the market manipulation will start. Are you really this obtuse?

There are number of possible scenarios at play at the moment.
Best thing is to sit it out and watch it play out and pounce in at  the right moment  

Yea that must be it. Fud a project to death so your percentage of zero will be high, right.

For those wondering what these insane fudsters motives are: Fewer Block shares sold means they will control a higher percentage. Lower XC prices means they can buy a bunch cheap. This is a well organized attack and probably the sickest thing I've seen in crypto so far.

They can't dump much below it anyway since there isn't much profit, sell orders are all near the original ITO price. Best is to wait a little while for the team to deliver