Topic: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟 - page 154. (Read 169985 times)

I practically do not see anything wrong about the way the amount fluctuates or changes infact that gives NVO its uniqueness reminding me of the days of e-gold.com (Not everybody know it  ) whereby the value of USD in your account can increase or decrease without undervaluing your currency in anyway.

I will not agree with a static price of $1 because that will not give room for trading and makes NVO just like any fiat or government controlled currencies.

Isn't this better to fix NVOS at $1? It's simpler to understand and you don't need to use calculator.

NVOS supply can be manipulated they are not fixed. They are distributed depend on how much NVOT are in your NVO wallet similiar to staking. More NVOT addresses will receive more NVOS when the exchange is in production. NVOS can be converted to Bitcoin automatically through our validator or counterparty exchange. Unlike NVOT, NVOS are fixed at $0.99 because they are only used for fees distribution to NVOT holders and nothing else.

Our partnership is with coinpayments. They support is and endorse the project but they are not our partners. The only partner they have is Maidsafe Asia.

You are claiming that the MaidSafe CEO is supporting your project and you are in partnership with them. I however can't find anything regarding that quote on MaidSae forums or site. I however was able to find this post, they are basically saying that they are not with a partnership with anyone except MaidSafe Asia.

I like the idea, but I'm still undecided.

How is the validator going to work exactly?  People want the safety of decentralized exchanges with the speed and functionality of a centralized exchange. How will the validator provide good service and order processing?  How will it deal with large volumes and high speed trading and APIs... I'm also assuming it will all be open source.  How will bugs/problems be dealt with?  Will there be a fund for compensating errors, etc?  How do you ensure errors and bugs are minimized?  Do either of you have any development experience building an exchange engine/software?  This is a hard project, I need some reassure this won't be another failed attempt at a DEX.

wow, such a low level here ... are you involved in this project somehow? I hope not.

nice project, hope keep growing, i´m in

ofc there is no fixed number, its a % of the fees generated, so it depends on how much fees they collect...

nvos are fixed to 0.99 you can exchange on the site... bro do you even read? or just ask out of your but?

Hello Tonbi,

I'm sorry but I feel my questions were not answered, I'll try to be more clear with less questions:

1. How many NVOS will be generated? Is it a fixed number per NVOT? If not, on what their number depends?
2. What does it mean to say that NVOS=0.99USD? Where and how will NVOS be converted to dollars?

thx

The NVOS are pegged to USDT. The financial return can be calculated from total raised and total volume exchanged per day. The more volume the higher the returns. The higher we raise the less returns for crowdsale participant, but the better amount we get to work with development, liquidation and overall execution of the project. NVOS can be 100% liquidated as it's a fixed price token for fees distribution and the supply can be adjusted to guarantee distribution. It's all included in the whitepaper.

Hey guys,

I got really interested in this project. I'm clueless about 90% of the technology involved, but from the economic point of view it looks very clever -- I have hope that the completion of the work comes soon and that the community adopt it.

That being said, what is not so clear is how to calculate/estimate the financial return. This needs to be clarified, I will invest some Bitcoins, but how many of them depends if I can have a rough notion of what to expect.

I understand that in part this might be due to Safenet's costs not being that clear yet, but after reading the whitepaper I don't understand 100% how the fixed price NVOS=0.99USD will translate either in fiat, or in bitcoins. You won't work with fiat, so what will be the parameter of distribution of NVOS and, especially, what exactly they will worth? Will NVO literally deposit dollars in my account upon redeeming? Will NVO guarantee that my NVOS can buy bitcoins? I don't get it.

And how many NVOS will be generated per distribution period? I understand that they split 50% for NVO company, 50% for NVOT holders, and from the latter each person gets as many NVOS as the share of NVOT they hold. But then, if too few NVOS are issued then each person get less, since somehow you say that NVOS=0.99USD.

It would be interesting to post here a working example.

cheers

Hi we are setting one up soon. If you want to get notified PM me and I will let you know when it's up.

Regarding promotion campaigns, they will be all setup on the go, rest assured.

I would like to answer to people who is looking for investment bonus.
This project isn't a token sale project, it is a fair crowdsale, some investors sent less then a dollar, and others up to 16k usd, and even more.

let me tell you why am i pleased to see this diversification, because the investors are going to be users. NVO won't serve only large volume orders, it will be used by several users from small to large traders. It could be used by someone who needs to quickly and securely exchange small amounts from a crypto to another. It could also be used by service providers to exchange their Altcoins for Bitcoin in a secure way.

NVO wants to be fair with the whole crypto community, either Altcoins or Bitcoin.

The large investors who are looking for early bonus have to understand that the strengh of a currency comes from it's community, NVO isn't here to create social divisions, NVO is here to serve everyone from smallest to largest. Do not forget that 90% of the community tested at least once a faucet to understand bitcoin by micro payments.

As far as I know, there is no social media campaign for NVO as of now. Just wait for further announcement if ever they will launch social media campaigns.

Hello, sorry for the delayed response, generally everyone is addressed within 24 hours.

The dashboard isn't used to confirm your deposit or anything like that,once you have invested, the funds are held into that address under the controle of an escrow.

XRP
172.51

As soon as the balance system is ready, everyone will be able to check his balance from the dashboard. Sorry for the inconvenience.


Thank you for your reply, and your help.

they already said that they are working on updating the api for real time update of balance.

in the meantime save the transaction id for quick check in case it will be needed in future

User ID: 91288499 I sent my Ripple and balance is still ZERO. Sent emails to developers....zero response!  

Any social media bounty campaign?

Update :

- Bitcoin =>        25.56836976 BTC
- Maid =>           84755 MAID
- Litecoin =>       131.16256 LTC
- Ethereum =>     286.6745875123 Ether
- Ripple =>          Comming soon


Added Ethereum.