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Topic: [ANN]ChronoLogic - Proof-of-Time token on Ethereum - page 32. (Read 45343 times)

hero member
Activity: 966
Merit: 507
I see that the bounties are over and now the question is what is next for this project. I will read the whitepaper later once I have the time to check on this. Innovative and out of the ordinary concept.

Bounty participants received YESTERDAY tokens. They will receive DAY tokens within 3 days. If they rightfully sold their YESTERDAYS before 3:30PM, they will NOT receive any DAY tokens. As a result I am afraid the distribution of DAYs to bounty holders will be lower than 0.8% of the total DAY tokens sold in the crowdsale. If this situation happens, it will configure a clear violation to the terms of the bounties campaign. People could ultimately call it a "scam". I urge the team to consider that despite nobody was entitled to earn YESTERDAYS, so the distribution of DAY tokens to bounty participants must be 0.8% regardless of who sold YESTERDAY tokens or not.

Lol no. How would that make sense? The people who sold their YESTERDAY would be receiving unfair compensation, in that they were able to sell and still receive DAY whereas those who were smart and payed attention and followed the rules would be punished relative to those that decided to sell. The rules were outlined beforehand I don't see how you can expect them to make exceptions for those who didn't follow directions. It was their choice to sell YESTERDAY, and they had every right to do so, but that doesn't mean they have a right to unfair compensation going forward. You can't eat your cake and have it too.

I'll explain using an example: imagine I promise you 10 ETH for one BTC. You send me one BTC and I send you 10 ETC. You would ask me to send the 10 ETH either way. If you sold your ETC or not it doesn't matter. You still are entitled to receive 10 ETH, otherwise it is a scam. Now read the sentence again considering ETC = YESTERDAY and ETH = DAY. This is the problem. Nobody received DAY yet. What they sold was another token affected by different chronopower, not the one mentioned in the whitepaper. Some people may have noticed the difference (at least at the moment the minting occurred) and sold those wannabeDay tokens. They are not the ones to blame.
full member
Activity: 564
Merit: 104
Sounds like a quite intriguing concept. I will have to give a deeper look at it. Any upcoming exchange beyond Etherdelta?
hero member
Activity: 868
Merit: 1000
I see that the bounties are over and now the question is what is next for this project. I will read the whitepaper later once I have the time to check on this. Innovative and out of the ordinary concept.

Bounty participants received YESTERDAY tokens. They will receive DAY tokens within 3 days. If they rightfully sold their YESTERDAYS before 3:30PM, they will NOT receive any DAY tokens. As a result I am afraid the distribution of DAYs to bounty holders will be lower than 0.8% of the total DAY tokens sold in the crowdsale. If this situation happens, it will configure a clear violation to the terms of the bounties campaign. People could ultimately call it a "scam". I urge the team to consider that despite nobody was entitled to earn YESTERDAYS, so the distribution of DAY tokens to bounty participants must be 0.8% regardless of who sold YESTERDAY tokens or not.

Lol no. How would that make sense? The people who sold their YESTERDAY would be receiving unfair compensation, in that they were able to sell and still receive DAY whereas those who were smart and payed attention and followed the rules would be punished relative to those that decided to sell. The rules were outlined beforehand I don't see how you can expect them to make exceptions for those who didn't follow directions. It was their choice to sell YESTERDAY, and they had every right to do so, but that doesn't mean they have a right to unfair compensation going forward. You can't eat your cake and have it too.
hero member
Activity: 966
Merit: 507
I see that the bounties are over and now the question is what is next for this project. I will read the whitepaper later once I have the time to check on this. Innovative and out of the ordinary concept.

Bounty participants received YESTERDAY tokens. They will receive DAY tokens within 3 days. If they rightfully sold their YESTERDAYS before 3:30PM, they will NOT receive any DAY tokens. As a result I am afraid the distribution of DAYs to bounty holders will be lower than 0.8% of the total DAY tokens sold in the crowdsale. If this situation happens, it will configure a clear violation to the terms of the bounties campaign. People could ultimately call it a "scam". I urge the team to consider that despite nobody was entitled to earn YESTERDAYS, so the distribution of DAY tokens to bounty participants must be 0.8% regardless of who sold YESTERDAY tokens or not.
newbie
Activity: 27
Merit: 0
So I got my first minted token/coin.  My chrono power is .914... with 120 DAY after the first minting I only got 120.10914...  Shouldn't I have 121.0968... ??  Isn't the math for the first day 120 * .00914 = 1.0968 DAY ??  but I only received 0.10914 DAY







Regarding the minting issue :  https://blog.chronologic.network/2nd-deployment-of-day-686dd4f058b7


Now we have 2 tokens:

YESTERDAY with a 10x lesser timemint power than expected in the whitepaper

and

DAY with the timemint power expected in the whitepaper

What will be the future of those 2 tokens?
In theory, in future we will have a smaller amount of YESTERDAY than DAY ... because less minting power....
Also, both YESTERDAY and DAY token have same smart contract principles.

I'm really curious to see the change of value in future... and different applications of those two token!
sr. member
Activity: 574
Merit: 251
I see that the bounties are over and now the question is what is next for this project. I will read the whitepaper later once I have the time to check on this. Innovative and out of the ordinary concept.
member
Activity: 70
Merit: 10
So I got my first minted token/coin.  My chrono power is .914... with 120 DAY after the first minting I only got 120.10914...  Shouldn't I have 121.0968... ??  Isn't the math for the first day 120 * .00914 = 1.0968 DAY ??  but I only received 0.10914 DAY







Regarding the minting issue :  https://blog.chronologic.network/2nd-deployment-of-day-686dd4f058b7
full member
Activity: 156
Merit: 100
So I got my first minted token/coin.  My chrono power is .914... with 120 DAY after the first minting I only got 120.10914...  Shouldn't I have 121.0968... ??  Isn't the math for the first day 120 * .00914 = 1.0968 DAY ??  but I only received 0.10914 DAY





sr. member
Activity: 770
Merit: 251
what is the price ico sale this coin ?
hopefully soon enter the market and the price can soar

ICO price was 1ETH=24DAY
it's on etherdelta already but it is advised to not sell for the moment for ppl who have timemint, but you can always buy some
sr. member
Activity: 518
Merit: 250
LIVECASINO
what is the price ico sale this coin ?
hopefully soon enter the market and the price can soar
sr. member
Activity: 770
Merit: 251
Bounties have been paid, and the TimeMints have been deployed.  Smiley



obviously there is a problem with chronopower, it was announced max 1% and it is max 0,1%. Everyone of us waiting for response on slack and to know what you will do now..
I think this problem can't be repaired easly but waiting a response from devs :/

What do you mean chronopower is 0,1% max? Where do you see that... 1 time mint should have gotten 1% chronopower and 3333th time ming 0,5%?



yes this is what it was written in whitepaper, it should be 1%->0,5%    
but some bug/error occured and it is actually 0,1%->0,05%
right now whe are waiting for response from devs on slack, they are working hard on it
bdw from slack:  "digi-chronologic [1:38 PM]
We recommend you halt trading /transfer of your DAY temporarily while our development team is investigating and we'll be able to update you in slack later. Simply keep your DAY at your TimeMint in the meantime."
member
Activity: 92
Merit: 10
any exchange already?
full member
Activity: 156
Merit: 100
Bounties have been paid, and the TimeMints have been deployed.  Smiley



Do we have to do anything special in MEW for the time mints?


No, your address will mint by itself
I do not see the daily minted coins.  Shouldn't I see them in Ethplorer at my MEW wallet address?
newbie
Activity: 27
Merit: 0
Bounties have been paid, and the TimeMints have been deployed.  Smiley



Do we have to do anything special in MEW for the time mints?


No, your address will mint by itself
full member
Activity: 378
Merit: 100
Bounties have been paid, and the TimeMints have been deployed.  Smiley



obviously there is a problem with chronopower, it was announced max 1% and it is max 0,1%. Everyone of us waiting for response on slack and to know what you will do now..
I think this problem can't be repaired easly but waiting a response from devs :/

What do you mean chronopower is 0,1% max? Where do you see that... 1 time mint should have gotten 1% chronopower and 3333th time ming 0,5%?

sr. member
Activity: 770
Merit: 251
Bounties have been paid, and the TimeMints have been deployed.  Smiley



obviously there is a problem with chronopower, it was announced max 1% and it is max 0,1%. Everyone of us waiting for response on slack and to know what you will do now..
I think this problem can't be repaired easly but waiting a response from devs :/
full member
Activity: 156
Merit: 100
Bounties have been paid, and the TimeMints have been deployed.  Smiley



Do we have to do anything special in MEW for the time mints?
full member
Activity: 406
Merit: 174
Bounties have been paid, and the TimeMints have been deployed.  Smiley



Would you care to address the concerns raised by other participants as to why early members who contributed less than 5 ETH got higher timemints (as per the spreadsheet)? Most of us waited until we were told 1 ETH was appropriate and thus missed out on the higher timemints. This is a big flaw, a response to us would be appreciated.
member
Activity: 70
Merit: 10
Bounties have been paid, and the TimeMints have been deployed.  Smiley

newbie
Activity: 27
Merit: 0
I have my timemint address, I have my days. So happy about it! @actual price i have a great daily reward Smiley I'm very happy about this project, can't wait for it landing on an exchanger.
For now, DAY token are shared in etherdelta platform...
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