Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2143. (Read 3074169 times)

Tell us your best Dapp ideas & win great prizes!

Decentralized applications can be thought of as the “bread and butter” of Lisk. Therefore, in order to provide our Lisk Dapp developers with the inspiration to get coding dapps as soon as possible, today we are starting a contest for the best Dapp ideas.


Contest Details

Make a concept for your dream Dapp, and post it to our official forum on the “Decentralized Applications” board. Your concept can contain descriptions, images, diagrams, projections and code. The more elaborate your concept is, the higher your chance of winning.

The contest starts with this announcement (7th March) and ends on the 13th March, at the same time as the BTC exchange bonus drops from 5% to 0%. Please note, early submissions will have no greater priority over later submissions.

We (Oliver and Max) will elect the three winners ourselves, based upon feedback from the community. Winners will be chosen based on the ideas which we feel will draw the biggest attention, and create practical use-cases for the Lisk network.

Everyone can submit as many ideas as they want. To avoid someone submitting an idea before you have completed a submission, you may briefly describe your idea in a forum post, and then enhance that submission over the course of the week with further materials.

Decision criteria

- Quantity and quality of the concept materials (50%)
- Benefits to the Lisk ecosystem (30%)
- Feasibility (20%)


Prizes

The best three ideas will get their own video similar to this one, which can then be used to promote your idea to potential investors, the Lisk community or business partners.

Additionally, we will give out a Raspberry Pi 2, Raspberry Pi 3 and Lisk T-Shirts, according to the following prizes:

- First prize: Raspberry Pi 3 + Lisk T-Shirt + Video
- Second prize: Raspberry Pi 2 + Lisk T-Shirt + Video
- Third prize: Lisk T-Shirt + Video


We shall also use the Dapp ideas and videos to promote the Lisk platform to potential developers. All concept materials will be made public, and will be placed in the hands of the whole Lisk community



Blog Post Announcement

It's better? I tough it doesnt matter because when amount of Lisks decrease, value of Lisk increase. And for that 2 kids who take 8 000 000 is even worse, because their amount dont desrease, only value increase when people put their BTC into this quasi-ethereum project.

Yesterday was indeed a slow day compared to the five days before it, but the ICO is still getting significant daily donations.  Since last UTC midnight another 91+ BTC has been donated beyond that shown below.

DAY   1&2 3 4 5 6 7 8 9 10 11 12 13 14 15

BTC 801.3 43.5 131.8 109.0 190.2 107.0 63.5 69.0 113.1 174.9 314.9 275.8 343.4 95.2

If we average 100 BTC every day for the rest of the Lisk ICO we will break 4000+ actual donated BTC worth around $410 each.   Our cash development fund would then be over $1.6M to further improve Lisk.

In comparison, the Ethereum ICO raised 31,591 BTC which were worth around $580 each at the time.  The price of Bitcoin plunged shortly thereafter, and Ethereum lost over half of what it had raised.

Price stable since yesterday, nobody is buying. Better for us, it's ok it the rise calm down and we stay under 10k until the end

It's sad, that projects these days are getting less and less ROI for investors because of those greedy ICO tactics

Can you please post the official BTC count for 15%, 10% and 5% when you get those?  I will adjust my spreadsheets with this data.

Yes, I will collect all data this evening and make a final list.

Last week for the bounty campaign 

Yes, possible. Just look at FCT ico. ETH is big thing, hard to do comparision with ETH so look at FCT.

Lisk ico will hit around 8000-10000 satoshis /1 lisk imo.

30000-50000 is target for first rise at bittrex. 100000 and even 200000 is target for 2nd rise at poloniex.

All we need is HODL few weeks, 3-4m max imo.

The real party will be started at poloniex, selling fast at bittrex is bad idea. Really huge bag of BTC awaiting at poloniex.

Theoretically how many TPS Lisk network can handle?

I'm sorry if already answered.

Want to be the crypto szene a little bit more honest. There are almost just spammers around, want high fast profit.
Thats destroying the altcoins and btc and the community.
[/quote]
+1 this is really a big problem. but there is one another issue. all cryptos are in competition, the winner are happy, the loser are frustrated. it should be more better to collaborating with each others.

exactly. ethereum has a big team of devs, and Vitali is acted like a guru. 
big companys and banks are invested in Eth, and devs are working not for free. it's aaaaall about money.

Yeah, I put that phrase in the wrong place.  Corrected, thanks.

BTC investors are NOT bailing out XCR bag holders in this ICO!

THERE IS NOT A ONE-FOR-ONE EXCHANGE OF CRYPTI XCR FOR LISK.

XCR members joining Lisk are getting their donations capped at the fair market value (at Poloniex, for example) of 1300 satoshi per XCR.    You can see that by going to the "How many Lisk will I get for my XCR" spreadsheet link in my other post above.  At present, the number is 0.274 Lisk will be issued for every Crypti XCR donated, and that number continues to drop as more BTC shows up.  A Lisk is currently worth 4759 Satoshi.  If you trade in ONE Crypti XCR, you currently get 0.274 Lisk and your new Lisk holding is worth 0.274 * 4759 = 1300 satoshi (with minor roundoff error).  

Now look at the "How many Lisk will I get for my BTC" spreadsheet.  If you trade in ONE Bitcoin, you currently get 21,100 Lisk and your new Lisk holding is worth 21,100 * 4759 = 100,000,000 satoshi (with minor roundoff error), which is exactly 1 BTC.

As noted in my post above, so far there have been 773 BTC worth of XCR donated to Lisk at the fixed fair market rate of 1300 satoshi and 2900 actual BTC donated at the adjustable fair market rate of 4759 satoshi per Lisk and rising.   The 773 BTC donated by Crypti holders is the fair market value of all the currently existing Version 0.5.5 sidechain / dapp software that Lisk will use at launch.  The Version 0.5.5 sidechain / dapp software used to launch Lisk is NOT VAPORWARE and its use does not come to the new BTC donors for free.  Utilization of that software as a starting point is currently priced fairly at 773 BTC.  The BTC donations of 2900+ will be used as a cash development fund to IMPROVE THIS CODE BASE and create Lisk Version 0.5.6 and beyond.

To summarize, the value of XCR donations are are capped at 1300 satoshi per coin; the value of BTC donations are continuously adjusted upward to get the current Lisk satoshi value (currently 4759 and rising).  That capped vs. continuous adjustment factor is what keeps the XCR folks from being "bailed out" by the BTC donors!

XCR donators have created a solid sidechain / dapp code base foundation and the new BTC donators are providing funding to improve it.   XCR and BTC donors are not opponents here.  We are all members of the new Lisk team!

Concerning the Coindesk article, I would suggest having it published after the ICO so that our investment may fructify instead of having less but more expensive Lisks.

If another 3600 BTC are invested during the ICO we would get two times less two times more expensive Lisk. Whereas if 3600 BTC are invested after the ICO we would have the same amount but worth more.

So it is better to gain popularity after the ICO but that's my opinion.

At this time about 2900 "new" BTC have been raised, creating a $1.2 million cash technical development fund. About 775 BTC have been transferred over from Crypti, and this represents the fair market value of the Version 0.5.5 code base that Lisk will use at launch.  About 346 BTC have been given out in "early participation" rewards to kickstart the Lisk ICO and build a much larger community than existed at Crypti.  These BTC are effectively an advertising expense that has generated over 8 BTC for every 1 advertising BTC spent.   The growing Lisk community is now in the high hundreds / low thousands of people who represents a tangible asset easily worth what has been spent in advertising to get them organized.

These numbers are detailed and updated in the upper left corner of the following public spreadsheets tracking the Lisk ICO.

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

You won't get BTC, only LISK and only after the launch of Lisk. Right now there is no network we could use to transfer the LISK.


Yes. Bonus is taken from the time of transaction as others already said.



Exactly. Olivier and I are already working on the next features. It will take a few weeks to really see a big differences between Lisk and Crypti. But this time will definitely come sooner than later.

I don't believe there is such a thing as finished development regarding the improvement of the technology.

Regarding Nxt and Crypti, I do not consider them as failures in any way. They paved the way for second generation crypto-currencies. At present time we have blockchain technologies that are really impressive.

Regarding the team behind Lisk, they were never core members of either Nxt nor Crypti. On the upside, they have gained experience working with these projects while experiencing both success and failures.

Success is no accident. It is earned by hard work, perseverance and sacrifices. This team has grit.  

i guess this can end to 10k satoshi per coin at the end of the ico, but it will increase to 100k satoshi after it?