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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2144. (Read 3074169 times)

full member
Activity: 185
Merit: 100
legendary
Activity: 1045
Merit: 1000
how much was raised

The ICO ends on March, 21st 2016.

They have raised ~3,600 BTC thus far.

the crypti project was not very successfull in meanings of price development.

it started at 1 mill. usd and dropped half and never ever went up again until the devs went out of money.

lisk seems to be the same tech as crypti project (a fork). there is not much tech more you can put in a dapp protocoll network. just fresh money for maintaining and pushing into the market. a good tech with reputition is selling by itself.

the developers coming from next. and next is not really successfull project, in meanings of tech nor price development. its outdated tech and crashed almost 10x from its peak at 60 mill.

conclusion:
-known developers for failing projects in means of develeoped to the end, but didnt make it on the market, like 100 other coins. 100 coins trying 1 is successfull. this one will be not successfull.

the 3600 btc are being collected by greed and speculation, but not on facts. big players, saying to me, they are not touching the presale. maybe i asked the wrong ones.

I do hope lisk can get a success. there is a dozen other coins trying to be on the ethereum wave as it was the same with btc and all the others clons of it.

i supported the coin from the beginning, just getting mixed reactions on lisk. too much history behind the devs with next and crypti and there are walls of acceptance IMO.

I am invested as well.

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.
hero member
Activity: 504
Merit: 500
Communications Lead
how much was raised

The ICO ends on March, 21st 2016.

They have raised ~3,600 BTC thus far.
hero member
Activity: 555
Merit: 500
hero member
Activity: 504
Merit: 500
Communications Lead
can anyone explain what is the technical advantage or supperior idea in comparison to crypti. why was lisk born?

They had a different vision on future development. Lisk is a fork of Crypti, so at present time there is not much difference.

The most prominent change is block rewards for forgers which provides incentive for people to delegate and secure the network.

As time passes they will begin to drift apart and the technical advantages should become clearer.

member
Activity: 266
Merit: 23
Lisk price triggers, see to the best when ICO finish.
legendary
Activity: 1045
Merit: 1000
i watch every 10 minutes my estimated lisk number. all my food money is inside.

money money money, give me money.

its aaaaall about money.

but what about the tech behind?
full member
Activity: 129
Merit: 100
My ICO LISK is shrinked to less than 1/3 than 2 weeks ago.  Angry Angry

Trust me, you are not the only one worried, I am worried too but math is math.  The dev said that a total of 85 Million Lisks shall be proportionally distributed to all donators ("investors") at the end of the ICO which will take place on March 21, 2016.  What's happening here is that way too many people are getting onboard on the ICO thus causing each Lisk price to be worth more and adjusting our holdings to reflect a lesser, but expensive amount in such a way that at the end of the ICO all of the Lisks that you will be left with will be worth exactly the same as your initial investment.  Your, and our ROI would only start to happen after people continue to buy into Lisk AFTER the ICO is over.

On the surface it might be seen that its a bad idea for more people to get onboard before the ICO is over since it will make each Lisk more expensier and will degrade the amount of Lisk allocated to us (who wouldn't? it would have been sweet for the ICO to end with only $500,000 and then for the market cap to increase to $10 million dollars giving us like a 20x ROI), but we have been told that the more money the Dev gets on the ICO, the more funds they would have to make Lisk better, so in a way it could be seen as good because we get to have a better product ("Lisk") and the potential of it getting new investors after the ICO is over.  So, lets say we get to start with a $2 Million market cap and then the market cap increases to $500 Million, that represents a 250x ROI and lets say I end up with just 100,000 Lisks x 250 = $272,650 not bad for an initial investment of $2,450 worth of BTC's (2.66 BTC) because the dev did something great that everyone likes about Lisks and now everyone is buying up Lisk ... OR a Poloniex Pump got started, etc. however it gets there, I would be greatly satisfied with such a ROI.

So, in short conclusion, the more money the dev can get thought the ICO, the more money they will have to make Lisk better and the more palatable Lisk will seem to be for the society further increasing the market cap later on after the ICO is over and it is this exponential market cap increase after the ICO is over that will finally give US ROI (Return On Investment).



 
sr. member
Activity: 434
Merit: 511
How is the distribution?

• 1,000,000 LISK for early supporters (Bounty Campaign).
• 2,000,000 LISK for advisors, partners, and 3rd parties.
• 4,000,000 LISK for campaigns and bounties (after ICO).
• 8,000,000 LISK for the Lisk core team.
• 85,000,000 LISK for ICO participants.

So you want the ICO money and also the 8 millons premined... Lol.

Wasn't the ETH distribution something like that? ICO money and a bunch of premined coins? Aren't most ICO recently like this? (not saying it's good, just asking)


Yes Ethereum even had a bigger premine, But for me it is all about what is going to happen with the premined coins.
And yes most Ico's are like this, but most of them don't get as much money as this one.
And that is because people see they will actually use the premine/Ico money for good things.
They will not use the Ico money for them self but they use it to build lisk and to put In a Company!
And the premine they will not sell right away they will keep it for a long time, which is smart if they are really gonna build something great!
hero member
Activity: 784
Merit: 1005
How is the distribution?

• 1,000,000 LISK for early supporters (Bounty Campaign).
• 2,000,000 LISK for advisors, partners, and 3rd parties.
• 4,000,000 LISK for campaigns and bounties (after ICO).
• 8,000,000 LISK for the Lisk core team.
• 85,000,000 LISK for ICO participants.

So you want the ICO money and also the 8 millons premined... Lol.

Wasn't the ETH distribution something like that? ICO money and a bunch of premined coins? Aren't most ICO recently like this? (not saying it's good, just asking)
legendary
Activity: 1045
Merit: 1000
can anyone explain what is the technical advantage or supperior idea in comparison to crypti. why was lisk born?
sr. member
Activity: 386
Merit: 250
My ICO LISK is shrinked to less than 1/3 than 2 weeks ago.  Angry Angry
hero member
Activity: 933
Merit: 500
Like this idea as gambling is probably the fastest way to get people to start using Lisk frequently. Obviously exchanges and merchants would be great options as well Smiley

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

Here's my idea for starters:

a Casino Lisk Dapp that is completely decentralized and that isn't owned by no one and there is not an entity that makes a profit out of the winnings of loosing of people's funds.  Example on how this Casino Dapp can operate: The "Giver" are the ones who deposit funds to be made available for the "Takers" to win WHEN they, (The "Takers"), gambles with their Lisks.  

Example, a Giver funds the Casino Dapp pool with 20,000 Lisks and make available these Lisks as available funds that can be used to pay a winner or winners of a particular casino game such as Blackjack, Slots or even Roulette.  IF the "Taker" (the regular customer that gambles) looses, then "Giver" (The person or persons that contributed towards the Casino's pool of funds) earns the loser's funds proportionally.

Further example:
Lets say there are three "Givers" that each has controbuted Lisks towards the Casino's operating funds, these Givers and their amounts were:
Giver A: Deposited 10,000 Lisks
Giver B: Deposited 20,000 Lisks and
Giver C: Deposited 40,000 Lisks

Therefore, there are a total of 70,000 Lisks available for the Casino to pay out any potential winners.  The casino will, in real time, adjust any prizes and "jackpots" depending on the total amounts of funds availability at any given time.

Lets say there are one "Taker" at the time playing Slots, the taker deposits 10,000 Lisks and decides to gamble those and the taker looses.
Because the Taker lost all their funds, the "Giver" earns these funds in the following proportional amounts:
Giver A: Because Giver A deposited 10,000 for the Casino to use, Giver A earns 1,250 Lisks
Giver B: Because Giver B deposited 20,000 Lisks for the Casino to use, Giver B earns 2,500 Lisks
Giver C: Because Giver C deposited 40,000 Lisks for the Casino to use, Giver C earns 6250 Lisks

In the other hand, lets say the Taker (the customer who gambles) wins, and lets say the price was 1,000 lisks, therefore the Casino would have lost 1,000 Lisks out of a total of 70,000 lisks that was at the pool, in this instance the losses are shared proportionally to every Giver involved.

The Lisk Casino Dapp can be configured to operate under a 5% house edge, that way there can be incentive for Givers to give their funds to fund the casino's operating budjet.

Once again, the Lisk Casino Dapp wont be owned by anyone, it will be open source, there will be no central authority to collect any funds or to profit from this Casino.  Those who will be "profiting" from this casino are purely the "Givers" that deposit their Lisks to the Lisk Casino Dapp and the more a particular Giver deposits, the more profits he or she can earn out of the losses of the Taker's gamblers.

The Algorithm or in other words, the Random Number Generator should be programmed as fair as possible and in a way that it can't be manipulated by anyone.  Of course, once the Dapp is unleashed to the network it is assumed that it can't be manipulated, or controlled or stopped by anyone, making the world's first fair owner-less decentralized Casino Dapp.

--END OF MY FIRST DAPP IDEA FOR THE PURPOSES OF ENTERING MYSELF INTO THIS CONTEST AND TO CONTRIBUTE TOWARDS THE BETTERMENT AND WILD ADOPTION OF LISK--

legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
Seriously! My Lisk is dwindling away. If more people Buy into this ICO now i wont have any lisk left! Tongue

Well atleast the value of lisk is increasing.


not necessarily...
full member
Activity: 178
Merit: 100
LiskHQ CTO
can i fund my exchange i iniciated on the 22 februar without transfering coins to it?

will i get the bonus regarding 22 februar?

thanks for help.

BTC Bonuses are allocated based on the BTC transaction time, not the time an exchange was started.
legendary
Activity: 1050
Merit: 1000
Interesting, investing consideration.
hero member
Activity: 574
Merit: 500
Seriously! My Lisk is dwindling away. If more people Buy into this ICO now i wont have any lisk left! Tongue

Well atleast the value of lisk is increasing.
hero member
Activity: 601
Merit: 500
can i fund my exchange i iniciated on the 22 februar without transfering coins to it?

will i get the bonus regarding 22 februar?

thanks for help.

No you will not:
The bonus is not determined by the date the exchange was opened on our ICO website, but the date the BTC were actually send. Smiley
legendary
Activity: 1045
Merit: 1000
can i fund my exchange i iniciated on the 22 februar without transfering coins to it?

will i get the bonus regarding 22 februar?

thanks for help.
hero member
Activity: 770
Merit: 500
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

Here's my idea for starters:

a Casino Lisk Dapp that is completely decentralized and that isn't owned by no one and there is not an entity that makes a profit out of the winnings of loosing of people's funds.  Example on how this Casino Dapp can operate: The "Giver" are the ones who deposit funds to be made available for the "Takers" to win WHEN they, (The "Takers"), gambles with their Lisks.  

Example, a Giver funds the Casino Dapp pool with 20,000 Lisks and make available these Lisks as available funds that can be used to pay a winner or winners of a particular casino game such as Blackjack, Slots or even Roulette.  IF the "Taker" (the regular customer that gambles) looses, then "Giver" (The person or persons that contributed towards the Casino's pool of funds) earns the loser's funds proportionally.

Further example:
Lets say there are three "Givers" that each has controbuted Lisks towards the Casino's operating funds, these Givers and their amounts were:
Giver A: Deposited 10,000 Lisks
Giver B: Deposited 20,000 Lisks and
Giver C: Deposited 40,000 Lisks

Therefore, there are a total of 70,000 Lisks available for the Casino to pay out any potential winners.  The casino will, in real time, adjust any prizes and "jackpots" depending on the total amounts of funds availability at any given time.

Lets say there are one "Taker" at the time playing Slots, the taker deposits 10,000 Lisks and decides to gamble those and the taker looses.
Because the Taker lost all their funds, the "Giver" earns these funds in the following proportional amounts:
Giver A: Because Giver A deposited 10,000 for the Casino to use, Giver A earns 1,250 Lisks
Giver B: Because Giver B deposited 20,000 Lisks for the Casino to use, Giver B earns 2,500 Lisks
Giver C: Because Giver C deposited 40,000 Lisks for the Casino to use, Giver C earns 6250 Lisks

In the other hand, lets say the Taker (the customer who gambles) wins, and lets say the price was 1,000 lisks, therefore the Casino would have lost 1,000 Lisks out of a total of 70,000 lisks that was at the pool, in this instance the losses are shared proportionally to every Giver involved.

The Lisk Casino Dapp can be configured to operate under a 5% house edge, that way there can be incentive for Givers to give their funds to fund the casino's operating budjet.

Once again, the Lisk Casino Dapp wont be owned by anyone, it will be open source, there will be no central authority to collect any funds or to profit from this Casino.  Those who will be "profiting" from this casino are purely the "Givers" that deposit their Lisks to the Lisk Casino Dapp and the more a particular Giver deposits, the more profits he or she can earn out of the losses of the Taker's gamblers.

The Algorithm or in other words, the Random Number Generator should be programmed as fair as possible and in a way that it can't be manipulated by anyone.  Of course, once the Dapp is unleashed to the network it is assumed that it can't be manipulated, or controlled or stopped by anyone, making the world's first fair owner-less decentralized Casino Dapp.

--END OF MY FIRST DAPP IDEA FOR THE PURPOSES OF ENTERING MYSELF INTO THIS CONTEST AND TO CONTRIBUTE TOWARDS THE BETTERMENT AND WILD ADOPTION OF LISK--


I like your idea
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