Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 430. (Read 1103311 times)

This is true for me too. I work for XCurrency and am not paid by the Blocknet.

We are doing it for free as we see huge potential in this awesome project and great long term investment

We will be buying BlockNet shares like everyone else

None of BTC ITO goes to our pockets

Cheers

You should report the ITO. Be it for a week. Etablish clear rule & organisation first.
There will be ten million tokens. Original value = 0.00025 BTC each.
Beside that it's mystery. Less than 24h, 875k$ limit...

The technology for decentralized ITO isn't there yet. BlockNet is suppose to provide it.

I'm surprise nobody asked these question: [Though I haven't read everything yet]
- Concerning the BTC exchange, what will be it's % distribution between Bittrex, Bter, Poloniex and CoinGateway?
- Then what will be the % distribution of the ITO between BTC, XC and the other coin?
The 10% discount appear nice at first [mostly for the original miners though], but it will just result in the most messy ITO of the cryptohistory.
It would be a shame for such a promizing project.

Much simplier & neat to strictly stick to BTC, and a single centralized provider such as Bittrex.

BTC hold in multisign a plus. Usage prediction a must.

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Additional note from an outsider of your BlockNetwork (strictly my own point of view here):
Fare distributed NEM - "NXT 2.0" tech - feel much more appropriate for the "Web 3.0" than NHZ, a NXT copycat with dubious distribution. Though that may be unimportant as the temporary-original-token could just be switched on any exchange-platform, later, as I understood.

Disclamer:
Never been a miner, kind of NXT hater, no holding in any of your BlockPartner.

Monitoring this thread with interest!

Dear synechist and mxxxxxx,
over the last 7 days you have spent significant amount of time on this thread marketing the ITO. Typically, this is something that the devs were doing in the past, however you are just PR people. What is your salary and how much BTC from the ITO will go to your pockets paying for your services? Are you gonna provide this information in your full BTC transparency?

What prevents whales pumping NHZ is that other whales could equally cause NHZ to dump, buy them cheap, and get more ITO tokens.

Ultimately what the ITO means is that the value of participating currencies tracks the exchange rate of BLOCK. Any deviation up or down gives rise to arbitration opportunities between participating currencies, so their prices will all converge around their price relative to BLOCK.

We consulted with participating exchanges prior to this and they are completely comfortable with the legality of the ITO.


Speaking personally now, what serves as a continual source of fascination is how US organisations seem not to notice that their jurisdiction ends at national boundaries.

The Blocknet is not an organisation or a business. It's a network.

It exists everywhere and nowhere. It does not exist in the US.

If you're based in the US and buy Blocknet tokens, this does not mean that you bought them *in* the US, because the tokens don't exist in the US, ever.
(They don't even exist in the US if you put them on a paper wallet, because paper wallets are just proofs of ownership of an entry in a blockchain, and the blockchain doesn't exist in the US.)

(Also, we're not offering securities. We're offering digital tokens, which are the denomination in which service provider fees are paid.)

Screw the US if they don't want to innovate, they can't stop a decentralized organization from acquiring funds from the rest of the world.

I'll be buying!

thanks for your answer. one last question concerning the pricing using the NHZ example again:
what does prevent a NHZ whale from pumping the BTC/NHZ price and putting a decent buy wall a few hours before the ito starts increasing its recent average such that the token/NHZ price will be determined to his favour and then selling a lot of NHZ for an awesome price. i mean the buyers of the NHZ wont have any disadvantages as in that case the token/NHZ price is determined so that they can buy the blocknet token for the 10% discount, so that they actually wont care about the high BTC/NHZ price.

https://www.cryptocoinsnews.com/sec-sends-inquiry-letters-hundreds-bitcoin-companies-unregistered-securities/

I hope you guys have registered... Apparently these ITOs aren't legal ^_^

Buy NHZ on Poloniex - You get 10 % discount for Blocknet shares if you buy with NHZ.

Blocknet ITO itself is sucking so much BTC out of the already stagnated alt market that there's not much space to grow   Even with this much tech and hype   So it drops below ITO price after quick flip profits   Everyone who disagrees is one of those who only want quick flip profits from the ITO hype

What time?  I am in the UK. Will that be tonight UK time? What about the wallets on the exchanges? When can we create those?

im wondering, why not connect/team this coin with XTC-TileCoin ? i think that would be BIG ?

If you wanna raise as much money as you can as quick as you can then sure pile it on...

If you wanna raise as much money as you can PERIOD...  Stagger the investment phases.

Hence...  Shortsighted.

If you want to use shortsighted goals for a long term project you only hurt yourself.

On what are you basing your prediction ?

More info will be released today on the development timeline, budget and accountability measures for the funding

@McHammer

trollscience in the deleted faq : add up all marketcaps of the paticipating coins and multiply it by the number of coins in the blocknet.LOL

now my version : add up all maketcaps and devide it by the number of coins in the blocknet , then devide it by 2 cause its a supernet copy.

as realistic as the other one imo