Author

Topic: [ANN][NIM] - Nimiq - The Browser Based Blockchain - page 112. (Read 131236 times)

newbie
Activity: 13
Merit: 0
The mainnet live?

No. End Q1 is the latest news.
hero member
Activity: 854
Merit: 500
Does anyone here heard about Skypool.org and is it validated by nimiq team
F2b
hero member
Activity: 2127
Merit: 926
full member
Activity: 187
Merit: 100
The mainnet live?
F2b
hero member
Activity: 2127
Merit: 926
Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

I am not from the Nimiq team.

- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.

Oh sorry I forgot that the conversion would continue after the mainnet launch, so I didn't think about arbitrage. Thank you for your answer  Wink
newbie
Activity: 13
Merit: 0
Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 

I am not from the Nimiq team.

- they would never openly suggest how to bypass the KYC, to not be liable.
- post-mainnet, the NET price will have as floor (and presumably as ceiling too) the conversion rate price 1 NET = 100 NIM. There will likely be arbitrage above/below the conversion price by everyone and their dog.
F2b
hero member
Activity: 2127
Merit: 926
Hey Nimiq guys, you suggested to wait for NIM and NET to be both listed on an exchange in order to avoid the KYC.
However there is a big problem: if we do this, we will get almost nothing, since nobody will buy the old token its value will just drop. 
newbie
Activity: 2
Merit: 0
I try it.

but the hit is no more available coin. I feel sad Sad
member
Activity: 336
Merit: 10
At least someone is bringing attention to this project is something about KYC. And I'm sure the market will not be shaken, the market will be all right.
hero member
Activity: 896
Merit: 500
What about if nimiq is on exchange (Liqui) will they do transfer automaticaly or we need to do it manualy and transfer it from there?
jr. member
Activity: 251
Merit: 6
VLOG Update: NIM Activation Step-by-Step Walk-Through

In this VLOG we make a quick review of our first meet up with community members from Costa Rica, the country where we started building Nimiq.



A step-by-step walk-through of the NIM Activation Process for NET Holders. Read our Medium Blog for written instructions and security relevant details in our blog post

If you have any questions visit us on Telegram or Discord.


jr. member
Activity: 251
Merit: 6

Quote

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.
YES PLEASE!

Check my latest post above  Smiley

Thanks for your answer. IIUC the consequences for not activating now, assuming you have passed KYC process, are simply:

a) delays in activation of tokens due to manual effort
b) not being reflected on the Genesis block

Correct?

Yes.
newbie
Activity: 13
Merit: 0

Quote

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.
YES PLEASE!

Check my latest post above  Smiley

Thanks for your answer. IIUC the consequences for not activating now, assuming you have passed KYC process, are simply:

a) delays in activation of tokens due to manual effort
b) not being reflected on the Genesis block

Correct?
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
You should really join the Telegram Nimiq channel, lot's of people there that can quickly answer your questions, specifically about the process from NET to NIM.  I just did the process and I am set for the mainnet launch
that's right, they are active in telegram channels and have spare time to answer questions
this is great because we can confident to them, i think they always want to give the best to all participants
we wish the project team can be consistent
jr. member
Activity: 251
Merit: 6
VLOG Update: Join The Nimiq Community

In this VLOG we invite you to our Community. We also provide a tutorial for non-coders to benchmark your Nimiq Miner and join our community in Discord by sending your first commit using GitHub. This will automatically show your benchmark on our community website htps://nimiq.community and you'll be able to join our active community as a Nimiq_Sushi, the first rank in our Nimiq Guild.


jr. member
Activity: 251
Merit: 6

Quote

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.
YES PLEASE!

Check my latest post above  Smiley
jr. member
Activity: 251
Merit: 6


The one and only Genesis Block

Accounts in the Genesis Block make history. And the countdown for the Nimiq Genesis Block is on. NIM Activation for NET holders is live. We invite members of our community to enter the Activation Process and secure their spot in the Genesis Block. Depending on final touches, the cut-off for the Genesis Block will likely be some time in the next couple of weeks. At that point we will close entry to the Genesis Block and activations after that may carry delays and/or involve additional manual efforts. To secure your spot in the Genesis Block and due to expected KYC processing bottlenecks, we highly recommend you proceed and activate your NIM for NET soonest.

To be safe from scams and fraud, ONLY trust information or links you find by first going to https://nimiq.com as single and secure point of entry (manually enter https://nimiq.com in the address bar of your browser window and BOOKMARK it).  Our official communication will always ask you to first go to https://nimiq.com and describe where to go from there to perform a certain action. The only other trusted sources of information are our Medium Blog https://medium.com/nimiq-network and our Twitter https://twitter.com/nimiq (both reliably linked on our Website) against which you can validate information.


sr. member
Activity: 882
Merit: 252
You should really join the Telegram Nimiq channel, lot's of people there that can quickly answer your questions, specifically about the process from NET to NIM.  I just did the process and I am set for the mainnet launch
member
Activity: 93
Merit: 10

Quote

..... Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.
YES PLEASE!
newbie
Activity: 13
Merit: 0
Is it required that we complete this conversion? Can I just keep by NET tokens in my MEW account or is this activation required?

You can keep those for some months after the mainnet launch.
You can go through KYC without activating.

Not suggested at all. NIM activation after mainnet launch will be a manual procedure that we will provided as a last resort. If you want to be in control of your NIM we strongly suggest you activate your NIM.

What exactly do you mean by "if you want to be in control of your NIM ..."? Your sentence is quite strong, even beyond a simple recommendation. Also, the information I gave above was from personal activation experience and from info I got from discord mods. There are security, usability, liquidity, speculation etc reasons for not activating. Can you be explicit please what are the consequences of NOT activating now, so the community can make better decisions?

Thank you.
Jump to: