I will answer above posts as soon as possible. We are currently making some configurations to our servers, our services will be back soon.
Update: Everything is back to normal again. Thank you for your patience. Max did not warn the Crypti team of his decision to fork
Unprofessional IMO
Max and Oliver could have been a little more professional in how they left the project. Max could have let us all know that he wanted to pursue a different and independent direction for DAPPS.
There were two possible directions we could have chosen.
1.) Update the foundation prior about our decision to leave and fork.
2.) Update the foundation and the community at the exact same time.
The first direction could
theoretically result in insider trading, arrangements to talk our startup and credibility down, dumping by Foundation members, kicking us out of the Foundation earlier, removing our access to valuable, non-public yet MIT licensed resources we have helped build over the past months and much more.
I don't say that this would have 100% be the case. I just say that there was a very small chance that this could have happened. It's important to see for every community member that we chose the second direction in order to create a fair situation for everyone.
I ask you all to think long-term. You could have sold some XCR in the past weeks in a very small market, or help to turn this code base into something bigger. Something with a huge market cap, with a huge community and with a huge number of dapps in our Dapp Store. Lisk will make the second choice possible.
The biggest problem you will face actually has nothing to do with Lisk... just the fact you made some (probably a lot) of XCR people angry due to the price dropping + way this was handled.
The 1300 sat thing will help, just not sure if it will help enough. Have you considered things like a 1300 sat buy wall, or something like setting aside a certain percentage of Lisk and simply giving some away to XCR holders? Like taking a wallet snapshot by a certain date, and those people get 20% freebie Lisk, or something similar?
It'd mean less Lisk you can sell during the ICO, but it'd probably mean a lot less angry XCR people too.
I agree. People who lost money are always a problem. However, the market of Crypti was so small that a "dump" of only 30 BTC resulted in this scenario. We specifically mentioned and promised the 1300 satoshi conversion rate for our ICO in our departure blog post. We couldn't have done much more to prevent such a dump. I'm sorry if not every Crypti member saw our departure blog post, as it was deleted from all official Crypti channels.
Why do you think people dumped, because we just brought a bit of reality back into the Crypti community? Because Olivier and I were so important pillars in the Crypti Foundation that it isn't working without us? Everyone can make his own opinion.
A few other things I want to mention about Crypti's current situation:
1.) In the last 3 days there were more eyes on Crypti than in the last 12 months.
2.) The volume was very high making traders happy and pulls again more eyes on Crypti.
3.) With Lisk there will be many news articles, if people start researching Lisk they will also look at Crypti.
In the end the better project prevails. This is the beauty of open source projects.
Regarding your second paragraph. We set an imaginary 1300 satoshi buy wall with the option to invest with XCR. I don't see a reason why people should get BTC though our ICO with their XCR. They would just dump all they have and we would end up with nothing.
Reserving a percentage of Lisk for XCR holders sounds like a good plan, but in the end we will see that nearly all of these 20% of free Lisk will be dumped on the market. This was always the case in other ICOs.
We will have 1M LISK available for free to all who support us on social media channels or subscribe to our newsletter. More information about this soon.
Please make sure to be specific on what will happen with the amount of LISK returned due to the refund option available for those that will participate using XCR. It is very important to be clear on this because the % share of ICO participants would be higher if the refunded folks never joined to begin with.
That said, there would need to be a high % of refunds for the above to have a significant impact, of course. Why not be clear though?
You are right. We will specifically mention this case which I promise you will be handled in the best way possible.
Question to authors of LISK:
1. What key (competitive) advantages of LISK in comparison with Crypti ?
2. What reasons of leaving (or separations) from the Crypti command ?
1.
a.) New ICO funds.
b.) A fresh team which is highly motivated to push Lisk forward.
c.) A clear startup structure which prevents stagnant progress.
d.) A CTO with 15 years experience taking the development lead with high industry standards.
e.) Being completely open source and involving the community in bi-weekly meetings.
f.) A new roadmap with new features, which will be published this week.
2.
https://blog.lisk.io/olivier-and-max-leave-crypti-to-establish-lisk-3fd60eb0808f#.qud5j2pevCan we open another thread for the Lisk vs Crypti arguments
i am a brand new investor and i think i've heard enough.
Yep! We will move forward now.
