[ANN][ICO] Natmin Pure Escrow - Escrow Services powered by Blockchain Technology - page 26.

Darkoth89

hero member

Activity: 1274

Merit: 646

Quote from: CrypticBabe on October 03, 2018, 09:12:31 AM

Quote from: Cnote112 on October 03, 2018, 08:36:35 AM

Quote from: ning_aric on October 03, 2018, 05:33:00 AM

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

i would like to know that myself!
is there any specific reason for that!
do they plan to release them in market then buy them back then burn?

From my understanding they're buying them back. So the 1% will be they'll be buying that amount back form the market each month?

CrypticBabe

jr. member

Activity: 420

Merit: 2

Quote from: Cnote112 on October 03, 2018, 08:36:35 AM

Quote from: ning_aric on October 03, 2018, 05:33:00 AM

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

i would like to know that myself!
is there any specific reason for that!
do they plan to release them in market then buy them back then burn?

ethtrader16

copper member

Activity: 658

Merit: 0

Empowering crypto w/ sustainable energy

Quote from: Cnote112 on October 03, 2018, 08:36:35 AM

Quote from: ning_aric on October 03, 2018, 05:33:00 AM

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

Exactly, burning monthly 1% will take long time and who's know infuture what will happen with Crypto market or with this tokens.

Cnote112

copper member

Activity: 224

Merit: 1

Quote from: ning_aric on October 03, 2018, 05:33:00 AM

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Why is the other 15% burnt in 1% tranches any particular reason to that, I mean they can just burn all at once.

Ace44

member

Activity: 672

Merit: 11

Quote from: RyCriptoC on October 02, 2018, 11:46:20 PM

Quote from: natmin on October 02, 2018, 10:27:34 PM

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

I agree, AI is still need need lot of improvements. At least those are available at affordable prices. For now verification done by human are good.

It is still at it's primary stage, though a lot of news has started emanating from it and brands are coming in to embrace it but at the moment, humans are the most efficient means of solving the issue of the dispute, between, one can get rewarded for participating in the settlement of a dispute which will lead to a vibrant platform as they progress

AngelJoshua

member

Activity: 630

Merit: 10

Quote from: ning_aric on October 03, 2018, 05:33:00 AM

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

Every users don't need to worry about the security because the transactions process are really good. They will get their product first before the Natmin send the payment to the seller.

ibininja

member

Activity: 490

Merit: 10

Quote from: natmin on October 03, 2018, 05:09:24 AM

Quote from: ning_aric on October 02, 2018, 11:42:37 PM

Quote from: natmin on October 02, 2018, 10:27:34 PM

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

The voting system you described looks splendid. If it goes as planned. I’ll advise some test run to put to check out bugs. Whats going to be the require to be a able to vote in a dispute?
Would there be rating for them? Plus a process to checkmate dispute conclusion.

Each transaction will be categorized and the same goes for the nodes. People have skills and knowledge in different areas. So, when a person applies to be a node they will pick a category where they specialize in and they will receive dispute transactions that fall into their category. This will confirm the voters actually knows the industry they have to vote for. When applying, the nodes will have to provide proof they have the knowledge or are qualified in the category they apply for. This will further inspire confidence in the voting system.

Oh okay so basically that is where the KYC comes in handy; Through it you will be sure that it is not the same person who is disputing and voting. I think this should explained in the whitepaper Cheesy

I know it is obvious but still emphasis on the obvious.

ning_aric

full member

Activity: 826

Merit: 102

There marketing strategy adopted by Natmin looks great. Implementation of the currency conversion. Which would allow buyer to convert fiat to tokens and seller to convert tokens to fiat. Also there’s the token buy burn streak; where about 30% of tokens are burned, 15% once and the other 15% would be burned at 1% each month.

natmin

copper member

Activity: 96

Merit: 0

Quote from: ning_aric on October 02, 2018, 11:42:37 PM

Quote from: natmin on October 02, 2018, 10:27:34 PM

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

The voting system you described looks splendid. If it goes as planned. I’ll advise some test run to put to check out bugs. Whats going to be the require to be a able to vote in a dispute?
Would there be rating for them? Plus a process to checkmate dispute conclusion.

Each transaction will be categorized and the same goes for the nodes. People have skills and knowledge in different areas. So, when a person applies to be a node they will pick a category where they specialize in and they will receive dispute transactions that fall into their category. This will confirm the voters actually knows the industry they have to vote for. When applying, the nodes will have to provide proof they have the knowledge or are qualified in the category they apply for. This will further inspire confidence in the voting system.

Owillz

member

Activity: 532

Merit: 10

Quote from: Cnote112 on October 02, 2018, 04:30:20 AM

Quote from: natmin on October 01, 2018, 09:23:52 PM

Quote from: ning_aric on October 01, 2018, 06:30:38 PM

Quote from: natmin on September 30, 2018, 08:54:23 PM

Quote from: Getadaaa on September 30, 2018, 05:49:40 PM

Natmin.io shows the Public sale is on. With a 10% bonus and price of 1ETH to 20 000NAT that looks good.
These tokens would be used in a transaction with persons from different countries. Is there a specific country restriction in being part of the public sale?

Yes, unfortunately, citizens from the USA are not allowed to participate in the public sale. They will, however, be able to buy our tokens from exchanges once we announce the big news.

Oh. That’s about 325million citizens been left out still NAT tokens get to an exchange. I could say the price of your tokens if monitored shouldn’t dump on getting to these exchanges.
Exchanges and trading pairs chosen should be well thought of to avoid volatility of trading pair. How soon do you think that would be?

We are working really hard with exchanges at the moment and we should have some news in the coming week. Please stay tuned

This is good to hear, I hope you guys get listed on a reliable exchange and please do take your time to vet them as they're lots of shady exchanges out there.

It's interesting that they have already having exchange listing in their plans at this time. Which of the exchanges do you guys have in mind? If you don't mind listing.

nesh1

full member

Activity: 448

Merit: 110

Quote from: em777 on October 03, 2018, 12:58:18 AM

Quote from: AngelJoshua on October 02, 2018, 06:07:01 PM

Quote from: gee777 on October 02, 2018, 03:22:05 PM

Quote from: phantam on October 02, 2018, 03:01:48 PM

Quote from: gee777 on October 02, 2018, 01:34:40 AM

Quote from: cryptossi on October 01, 2018, 03:36:03 PM

Quote from: faulerwilli on October 01, 2018, 07:18:03 AM

I just looked at the whitepaper in my language. If someone was paid for it, then I would reclaim the money, it just seems to have been sent through the Google Translator. Although I think the idea of multilingual Whitepapers is good, they do not make much sense if translated poorly

You should contact the team and ask them if you can have a go at translating the WP. You never know you could earn yourself some tokens or they might even pay you in ETH or BTC Shocked

That seems to be the trend. Just pass it through the Google translate page and don't review the translated copy. Most people don't realise that Google translate is not yet 100%

No where near i really think that it makes some companies come off cheap even though in some cases they attempted to get a quality translation and in the end just couldnt sadly. I've seen many projects struggle to even pay to get good translations

I will suggest they open an application for translation or do a bounty of some sort. They need to realise that in order to get quality job they need to spend money.

I agree, It will going to help them also on attracting more people to join on their project from different countries that do the translations and bounties.

well at this junction i defintely think they will because they in essence need to capture as many investors as they can except they want a specific number of investors

Starting a bounty program will be very good for this project their community will get bigger too, do they plan to start one in the future as i could not find any bounty thread at their page?

em777

jr. member

Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: AngelJoshua on October 02, 2018, 06:07:01 PM

Quote from: gee777 on October 02, 2018, 03:22:05 PM

Quote from: phantam on October 02, 2018, 03:01:48 PM

Quote from: gee777 on October 02, 2018, 01:34:40 AM

Quote from: cryptossi on October 01, 2018, 03:36:03 PM

Quote from: faulerwilli on October 01, 2018, 07:18:03 AM

I just looked at the whitepaper in my language. If someone was paid for it, then I would reclaim the money, it just seems to have been sent through the Google Translator. Although I think the idea of multilingual Whitepapers is good, they do not make much sense if translated poorly

You should contact the team and ask them if you can have a go at translating the WP. You never know you could earn yourself some tokens or they might even pay you in ETH or BTC Shocked

That seems to be the trend. Just pass it through the Google translate page and don't review the translated copy. Most people don't realise that Google translate is not yet 100%

No where near i really think that it makes some companies come off cheap even though in some cases they attempted to get a quality translation and in the end just couldnt sadly. I've seen many projects struggle to even pay to get good translations

I will suggest they open an application for translation or do a bounty of some sort. They need to realise that in order to get quality job they need to spend money.

I agree, It will going to help them also on attracting more people to join on their project from different countries that do the translations and bounties.

well at this junction i defintely think they will because they in essence need to capture as many investors as they can except they want a specific number of investors

RyCriptoC

jr. member

Activity: 238

Merit: 1

Quote from: natmin on October 02, 2018, 10:27:34 PM

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

I agree, AI is still need need lot of improvements. At least those are available at affordable prices. For now verification done by human are good.

ning_aric

full member

Activity: 826

Merit: 102

Quote from: natmin on October 02, 2018, 10:27:34 PM

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

The voting system you described looks splendid. If it goes as planned. I’ll advise some test run to put to check out bugs. Whats going to be the require to be a able to vote in a dispute?
Would there be rating for them? Plus a process to checkmate dispute conclusion.

natmin

copper member

Activity: 96

Merit: 0

Quote from: ibininja on October 02, 2018, 10:22:09 PM

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

That is correct. We still need human input on verification like that, as AI is not that capable yet. Any AI that is close to that kind of verification is not affordable or accessible at the moment. The voting nodes and dispute participants (the buyer and seller) will always be different. The buyer and seller cannot act as a node for their own dispute.

ibininja

member

Activity: 490

Merit: 10

Quote from: natmin on October 02, 2018, 07:32:18 PM

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

The evidence is something like a picture for the damaged piece; piece is not like what has been described...etc for these disputes this actually fits perfectly since you need the human input. What happens when the dispute owner is the voting node?

natmin

copper member

Activity: 96

Merit: 0

Quote from: cryptossi on October 02, 2018, 05:46:25 PM

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

The party who initiates the dispute process will be able to set the end time (24 hours minimum). This will give the other party enough time to provide their evidence. Once the evidence has been provided the voting process will start and should finish in a matter of a few hours. At the moment it is planned to have a vote sit not longer than 4 hours with a node. If the node does not vote or respond in 4 hours the vote will continue to the next available node. We can always adjust this time frame with the feedback from our community and nodes. Yes the nodes will receive a notification on the platform and an email.

AngelJoshua

member

Activity: 630

Merit: 10

Quote from: gee777 on October 02, 2018, 03:22:05 PM

Quote from: phantam on October 02, 2018, 03:01:48 PM

Quote from: gee777 on October 02, 2018, 01:34:40 AM

Quote from: cryptossi on October 01, 2018, 03:36:03 PM

Quote from: faulerwilli on October 01, 2018, 07:18:03 AM

I just looked at the whitepaper in my language. If someone was paid for it, then I would reclaim the money, it just seems to have been sent through the Google Translator. Although I think the idea of multilingual Whitepapers is good, they do not make much sense if translated poorly

You should contact the team and ask them if you can have a go at translating the WP. You never know you could earn yourself some tokens or they might even pay you in ETH or BTC Shocked

That seems to be the trend. Just pass it through the Google translate page and don't review the translated copy. Most people don't realise that Google translate is not yet 100%

No where near i really think that it makes some companies come off cheap even though in some cases they attempted to get a quality translation and in the end just couldnt sadly. I've seen many projects struggle to even pay to get good translations

I will suggest they open an application for translation or do a bounty of some sort. They need to realise that in order to get quality job they need to spend money.

I agree, It will going to help them also on attracting more people to join on their project from different countries that do the translations and bounties.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Does anyone know how long the dispute review time will take? Also, when will nodes be notified that their service is required to vote on a dispute? Will they receive an email or is it a notification that shows up on the platform only.. ?

Nathan01

member

Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: ibininja on October 02, 2018, 06:18:53 AM

Quote from: Nathan01 on October 02, 2018, 04:42:50 AM

Quote from: natmin on October 01, 2018, 05:00:00 PM

Quote from: Suke_Teki on October 01, 2018, 08:22:08 AM

I see your main sales have started and have collected 147 ETH at the beginning of the sale, while the remaining time is still very much 91 days, please tell me how much is your softcap?

We do not have a softcap, meaning the project will go ahead no matter how much we raise. The amount we raise will, however, affect the project timelines, as that might hinder us to expand the team after the public sale.

First time I'm investing a project that doesn't feel the need for a softcap... Why you may have a solid point of not stopping MO matter the amount of money raised.. Won't this affect project development as well aside team expansion?

I think the team are willing to fill in with their personal funding if that happened. Either case they could start small with whatever they got and build from there. most of the spends would be in the solidity side. So i think they can manage if that happens.

I don't think this is wise approach lol, it's not like the company is a non-profit company or I haven't read about ir anywhere yet, but I like to think so, the goal of every profitable business is to make profit not for running things with personal funds if you know what I mean

Topic: [ANN][ICO] Natmin Pure Escrow - Escrow Services powered by Blockchain Technology - page 26. (Read 24762 times)