Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2119. (Read 3074169 times)

I think we also need a better symbol-image.

Do you mean the wallet adress of the bitcoins they raised? I followed my bitcoin and it leads to this adress with 1K bitcoin: 35z7BVppgRCmGwsBZkV78QBuNn2Z673JBk

OK, I am finished tinkering with my new spreadsheet that maps out the Lisk ICO progress on a day-to-day basis.   It's not perfect but everything lines up well enough for now.   Take a look at the final form:

Lisk ICO Daily Donations

https://docs.google.com/spreadsheets/d/1j1sOFyPa3ZPr6QuG7pzuJtw9DHy4BNuoWw5Iu9N9MiQ/edit?usp=sharing

From an accounting standpoint, there are four sources of BTC being poured into Lisk every day.  One of these are "real" and the other three are "being created out of thin air".  

This is not a scam, this is how the real world operates.  Every business in the world has "infrastructure expenses", "advertising expenses" and "management expenses" that exist and have to be paid for outside of  their "cash in the bank".  So does Lisk.  This is all going exactly as everybody agreed to in the Terms and Conditions you read before donating any "real" BTC.  

The "real" BTC are of course the actual BTC donations, and these are currently around 64.4% of total market cap - a very healthy number, I think.  

The other three categories of "effective" BTC being "created" within Lisk are the promised early participation bonuses, the Crypti transfer, and the Lisk Foundation treasury.   As of today there are no more early participation bonus BTC being "created", so for the rest of the ICO there will only be additions to market cap by the other two.

Ultimately the financing of the "created" BTC listed here comes through acceptance by the public of Lisk as a strong coin that will deliver new tech.  Such acceptance comes at the exchanges when we get there.  Once the market judges the future potential of Lisk and sets a price per Lisk above the launch price - THAT'S when all of these "created" BTC become "real".

And that's gonna happen.

Making sausage is not a pretty process but in the end it tastes great.  I don't think any other cryptocoin has been this open with its numbers behind the curtains.  If you mapped out the ICO of every other coin in this manner, including Ethereum, I think few if any of them would have numbers that look as good as these.   I believe Lisk can hold its head high about and be very proud about how they have organized their ICO.

Of course there are also still the other three spreadsheets I've made available all along:

How Many Lisk You Will Receive For One Bitcoin (BTC)

https://docs.google.com/spreadsheets/d/1iOEdaRnBmSAO5miW7xYheeYUgo5wL9l9BONw6x21nQg/edit?usp=sharing

How Many Lisk You Will Receive For One Crypti (XCR)

https://docs.google.com/spreadsheets/d/1GwWKK7bpjYTxtQRIq_l2xiKI9rEOpTU1oTt0q3C6Mc8/edit?usp=sharing

The Satoshi Price For One Lisk

https://docs.google.com/spreadsheets/d/1Q2MJ25_bK5Yi60FYohYCUEkujUtL5c0P1dOdlDMPMBI/edit?usp=sharing

How about one of the first DApps being a crowdfund DApp which lets people invest into peoples time spent building real professional apps.

Is there any public address/ list of addresses of the total amount raised?

We have a developer. We will hire more developers once we get access to the money. Funding breakdown will be published in our business plan later. We are far too busy right now we answering tickets and questions, promoting Lisk and preparing it for the launch. Also we are still discussing quite a few things, due to the huge amount we collected so far we can make Lisk fundamentally better than initially thought. That is extremely awesome, but also requires a bit more planning/thinking.

There was a big gap of several months between the end of Ethereum ICO and start of trading unlike LISK, right?

Ok, few questions that seem to have been scrolled past without answers:

Have you found a dev, or put together a team yet?

Have you any breakdown for how this ICO is being spent?

Cheers.

Ethereum broke old paradigm and proved that Litecoin doesn't always have to be the second coin by market cap. Maybe Lisk will prove that Bitcoin doesn't have to be the first coin )

Well its a tough one. 2 sides to every tactic. I just want to be RICH

So you see that there's no such problem as "too much investments". As more money devs get as more ROI to investors.

well I missed out on the ETHEREUM ICO, Bought on launch and sold 2 weeks ago lol

I wish I had made the ICO but I didnt and I was one who helped the price at launch.

You must be new here and didn't hear about Ethereum that gathered 30 000 BTC on IPO and got to the second place by market cap.

Guys WHO EVER is advertising LISK already then STOP. It will make your investment a lot less in the future..

I searched and found this for an investment and expect 2 times my money back. If you tell everyone about the ICO then less people will buy it on Launch and it will FAIL as a coin. thats obvious right?

So remove the signatures and keep your mouths shut lol we dont need the hype NOW we need it on launch. Or if you want to make the devs richer than they can imagine and the coin to flop. Spread the word to the heavens lol



ANYWAY Did they find a main DEV yet?

Honestly, I'm not all that familiar with Nxt 2.0. Main reason is, because there is no summary or white paper. I won't read over dozens of pages in a forum to know what it is.

I just know that there is something going on with child chains, fNXT and so on. I think it's a bad idea to split the coins, but due to my limited knowledge about it I can't make a profound statement.

It would be great if you can give me a short summary.

Lisk is definitely Nxt inspired, but not Nxt 2.0. We are also inspired by BitShare's DPoS. From Ethereum we took no ideas as far as I can see.


Thanks.

Exactly. So there's no problem to get to over 50 000 BTC market cap with 5000 BTC development fund.

IOTA - 1337 from crowdsale - 30,000 BTC marketcap  

"Everyone" is two and a half forum members. There are hundred times more investors out there who didn't hear about Lisk yet.

Ripple - Over 30M USD from VC's - 708,875 BTC market cap
Ethereum - 31,531 BTC from presale - 2,631,335 BTC market cap
MaidSafe - around 12,200 in BTC from presale - 109,525 BTC market cap
Stellar - 3M USD from Stripe - 30,538 BTC market cap
Bitshares - 500,000 USD from investors + 5625 BTC in donations (via BTS AGS) - 49,051 BTC market cap
Lisk - around 5000 BTC from presale. 7 days to go!
Factom - 2287 BTC from presale - 52,625 BTC

I don't see your calculation. The more hype we produce now, the less hype, we can produce later, because everybody is in already.
If everyone bought on IPO, who should buy later?

They basically knew ETH was going to be big.

Kraken will need to see some serious LISK volume before they will even lift their arms to scrath their head about adding Lisk.

Would be nice though to trade on Kraken.