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Topic: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers - page 2158. (Read 3074169 times)

member
Activity: 86
Merit: 10
I'm not seeing that as big driver for demand, you need lot of dapps and publishers, therefore the lisk price should not be so high.

One betting dapp with a volume of 100 BTC a day will already create a huge demand. Now imagine 50 IoT dapps, 10 betting dapps, 30 social dapps, ... I'm sure the demand will be there. It will just take a few weeks/months to pick up. The dapps need to be coded first. Before that all is speculation. Smiley

I'm not following.. I saw the dapps we'll be capable to use the Bitcoin API, if so.. they can easily bypass Lisk as medium of exchange and use just BTC. Is this correct or dapps are forced use lisk as medium of exchange ?
sr. member
Activity: 276
Merit: 284
- snip -

I agree. I think it's only "good" for all the people who asking every 10 posts, what the current price is. Maybe It's possible to add "some math" into the script, so it will show nearly the same as your sheet?

Two changes would go a long way (1) use a constant 13 BTC per 1M XCR as the conversion factor instead of the current market price for Crypti;  (2) applying a 15% escalation factor for the first 1350 BTC collected, and 10% escalation factor on BTC collected thereafter.  This mod could be changed to 5% in the third week and 0% in the last week.

Nuno, Max - you OK with such mods?

Code updated to include first week bonus and XCR fixed priced.

Also grabbing amounts from exchange.json now.

1 Lisk = 3308 satoshi Smiley

Source code
Code:
//GET AMOUNTS FROM EXCHANGE.JSON
$liskJSON json_decode(file_get_contents("https://ico.lisk.io/exchanges.json"), true);

//GET BITCOIN PRICE
$priceBTC json_decode(file_get_contents("http://coinmarketcap-nexuist.rhcloud.com/api/btc/price"), true)["usd"];

//SETUP PRICE VARS
$bitcoinICO 0;

//GRAB AMOUNTS FROM ICO.LISK.IO
$bitcoinICO $liskJSON["bitcoin"]+$liskJSON["shapeshift"];
$cryptiICO $liskJSON["crypti"];

//CONVERT CRYPTI AMOUNT TO BTC
$bitcoinICO+=($cryptiICO*13)/1000000;

//GET REMAINING BTC
$remainingBTC $bitcoinICO-1350;

//FIRST WEEK = 1350+15%
$firstWeekBTC 1552.5;

//PUT IT ALL TOGHETER
$bitcoinICO $firstWeekBTC+($remainingBTC*1.1);

//CALCULATE LISK PRICE AND CONVERT TO SATOSHI
$liskPriceBTC = ($bitcoinICO/85000000);
$liskPriceBTCRound round($liskPriceBTC*100000000);

//CONVERT LISK PRICE TO USD AND FORMAT TO 5 DECIMAL PLACES
$liskPriceUSD number_format((float)($liskPriceBTC*$priceBTC), 5'.''');

header("Content-Type: image/png");
//OPEN LISK LOGO
$im imageCreateFromPng("/var/www/html/lisk/lisk.png");
//DEAL WITH OPACITY
imageAlphaBlending($imtrue);
imageSaveAlpha($imtrue);

//SETUP TEXT COLOR
$text_color imagecolorallocate($im000);

//ADD TEXT TO LISK LOGO
imagestring($im312095,  "1 Lisk = " $liskPriceBTCRound " Satoshi"$text_color);
imagestring($im3120110,  "1 Lisk = " $liskPriceUSD " USD"$text_color);

//SAVE IMAGE
imagepng($im"/var/www/html/lisk/lisk_price.png");

//CLEAN BUFFER
imagedestroy($im);

?>
hero member
Activity: 504
Merit: 500
Communications Lead
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?

No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK. Wink


How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?

It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already? Wink

If you plan on holding long term, how about creating a contract that release a percentage of your LISK based on specific conditions? Some factors could be time and market cap.

I agree, this would be an excellent strategy for the developer funds.
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?

No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK. Wink


How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?

It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already? Wink

If you plan on holding long term, how about creating a contract that release a percentage of your LISK based on specific conditions? Some factors could be time and market cap.

The contract could be setup on Ethereum Tongue
sr. member
Activity: 448
Merit: 250
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?

No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK. Wink


How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?

It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already? Wink

If you plan on holding long term, how about creating a contract that release a percentage of your LISK based on specific conditions? Some factors could be time and market cap.
hero member
Activity: 1111
Merit: 588
For all price fanatics I have setup a simple price grabber that get's the ICO amout from ico.lisk.io and does the proper math to calculate the lisk price in satoshi and USD (bonus not included).



Pretty nice . Good job .
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
I'm not seeing that as big driver for demand, you need lot of dapps and publishers, therefore the lisk price should not be so high.

One betting dapp with a volume of 100 BTC a day will already create a huge demand. Now imagine 50 IoT dapps, 10 betting dapps, 30 social dapps, ... I'm sure the demand will be there. It will just take a few weeks/months to pick up. The dapps need to be coded first. Before that all is speculation. Smiley
member
Activity: 86
Merit: 10
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?

No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK. Wink


How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?

It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already? Wink

I'm not seeing that as big driver for demand, you need lot of dapps and publishers, therefore the lisk price should not be so high.
hero member
Activity: 808
Merit: 1011
Serious question:

I see ETH working with RWE, Microsoft Azure, Samsung/Ubuntu, Thomson Reuters, etc.
Factom flew to China and Africa and is closing deals too.

I believe in the capabilities of this team of coding something like LISK but how about the part of "closing deals"?

Does LISK have skilled representatives who will add that little extra touch of magic?

Good question. But this can't be answered right now. Let's wait where the money will be spend and who will be in the core team later. Only with a good and bigger team things like this might work. But for now: We are still in ICO...
full member
Activity: 140
Merit: 100
are you going to make profit dumping your 8M?
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?

No. I think that the dapps will be the main demand factor to buy LISK. If you need LISK in every dapp, you will buy more LISK. Wink


How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?

It will be split between Oliver and me. That means 4M to Oliver, 4M to me. You will be able to see the addresses on the blockchain explorer. How much and at what time (or if) we will sell, will depend on many things. But I can tell you that I will hold my LISK for a long time. We have years to come in which we can develop the platform, why should we sell after X months already? Wink
newbie
Activity: 16
Merit: 0
While you're here LiskHQ, I'd like to ask another question.

How will the Lisk of the core team be handled? Is it split between you two, or will it be split under the full team? How much will be sold on the market, and when?
Additionally, are there plans for a bug bounty program?
hero member
Activity: 627
Merit: 500
It's the coders that I'm worried about here... we will need to bring in a technical team; I think the other side is possibly ok. XCR code was not handled by this team for the most part. This money will need to go to expanding the team and making things happen in the real world - otherwise, this will go to 0.

Let's see what happens.

Serious question:

I see ETH working with RWE, Microsoft Azure, Samsung/Ubuntu, Thomson Reuters, etc.
Factom flew to China and Africa and is closing deals too.

I believe in the capabilities of this team of coding something like LISK but how about the part of "closing deals"?

Does LISK have skilled representatives who will add that little extra touch of magic?
member
Activity: 86
Merit: 10
Are you seeing registering dapps as the main factor for demand variable in lisk ?

If so, do you think 500 lisk will be cheap enough for developers to publish ? will be this fee variable in time ? how many developers you estimate will register dapps with lisk ?
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
Serious question:

I see ETH working with RWE, Microsoft Azure, Samsung/Ubuntu, Thomson Reuters, etc.
Factom flew to China and Africa and is closing deals too.

I believe in the capabilities of this team of coding something like LISK but how about the part of "closing deals"?

Does LISK have skilled representatives who will add that little extra touch of magic?
legendary
Activity: 938
Merit: 1000
Cograts guys..also if the crowdasales willl finish today...this is a big success!! Grin Grin
Nope.  The Lisk ICO rolls onward for another two weeks.
my bad english..i know will finish in 2 weeks...my intent is to say that if the last day was today is a success too!
Yes!  Agreed!

MILESTONE REACHED:

OVER 2000 ACTUAL BTC DONATED SO FAR...

LISK MARKET CAP $1.3M & CASH DEVELOPMENT FUND $800K+

TWO WEEKS LEFT TO GO...


(500 or more BTC over the next two weeks will create a $1M+ cash fund for Lisk code and eco development !!!   LISK IS GOING PLACES !!!)
hero member
Activity: 546
Merit: 509
Decentralized Application Platform
- snip -

I agree. I think it's only "good" for all the people who asking every 10 posts, what the current price is. Maybe It's possible to add "some math" into the script, so it will show nearly the same as your sheet?

Two changes would go a long way (1) use a constant 13 BTC per 1M XCR as the conversion factor instead of the current market price for Crypti;  (2) applying a 15% escalation factor for the first 1350 BTC collected, and 10% escalation factor on BTC collected thereafter.  This mod could be changed to 5% in the third week and 0% in the last week.

Nuno, Max - you OK with such mods?

It's all in Nuno's hands! Smiley


Cograts guys..also if the crowdasales willl finish today...this is a big success!! Grin Grin

Thank you Videodrome! Much appreciate it. Smiley


How will we claim the Lisk bounties?

Please take a look here.

https://lisk.zendesk.com/hc/en-us/articles/207076399-I-participated-in-the-bounty-campaign-how-do-I-receive-my-LISK-  Cool
newbie
Activity: 16
Merit: 0
How will we claim the Lisk bounties?
legendary
Activity: 1092
Merit: 1000
Picked up some some at 10% bonus  Smiley
hero member
Activity: 588
Merit: 503
Free Julian Assange
Cograts guys..also if the crowdasales willl finish today...this is a big success!! Grin Grin

Nope.  The Lisk ICO rolls onward for another two weeks.


my bad english..i know will finish in 2 weeks...my intent is to say that if the last day was today is a success too!
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