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Topic: [ANN][NNC] NicNac Coin - Nithrius, a digital ecosystem - page 2. (Read 7035 times)

legendary
Activity: 2165
Merit: 1002
Is the chain healthy?
It seems to have slowed down in the last few days, while dificulty seems artificially high
sr. member
Activity: 1386
Merit: 451
Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

That's what I'm also thinking, we should have some kind of swap or something. You can't let all the mining power that was used go to nothing.
NNC is intended to be the currency of payment for content creators who chose to share their media via our player. Something like youtube revenue partnership.
NIT is intended to be the currency used by advertisers who wish to purchase ad space on a given video posted by a content creator.

Since NNC was not premined we intended to have NNC listed on an exchange and purchase NNC directly from the exchange using percentage of revenue generated by the NIT coin advertiser purchase sales. Using The greater value assest to strengthen the other.

In the time NNC was listed with Cryptopia we made several purchase transactions from fundraising sources while NEVER executed a sale order.

We see an environment that would allow both currency to exist without devaluing each other.
sr. member
Activity: 1386
Merit: 451
Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?
NNC and NIT will remain two seperate currency and no swap is in plan for one currency in exchange for the other.
Development is continuing and ongoing for both projects.
Again NNC is currently in a fundraising effort fueled by the sale of 1 million DOT to be used for purchase of exchange listing should all investors agree to pursue the purchase of exchange listing.

NIT is a currency currently used by advertisers to execute purchase contracts of ad space on the Nithrius platform.

We will provide updates as soon a possible, though at the moment we are still in the process of selling the refunded DOT
sr. member
Activity: 417
Merit: 252
Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?

That's what I'm also thinking, we should have some kind of swap or something. You can't let all the mining power that was used go to nothing.
legendary
Activity: 2165
Merit: 1002
Another token?
Why would you need two tokens? Won't that in practice make NNC obsolete?
sr. member
Activity: 1386
Merit: 451
Any update about a new exchange site listing?
Final refund of initial DOT used to purchase Cryptopia listing has been returned and we will soon begin the sale of 1 million DOT to convert it into BTC and shortly after will be returned to investors and put to vote which exchange, (if any) we may purchase a listing for NNC.
In the meantime we will move forward with the utilization of our resources (video library, video player and adserver) to maximizes revenue and growth. Our development team have been hard at work with the development of our latest Nithryum Assest token which is a smart contract build on the UBiQ blockchain; read more about it here http://nicnaccoins.com/cash/www/pages/Nithryum-Token
The final decision on the status of NNC lies with our financial investors and core community of supports. We imagine it may take some time to dump 1 million DOT on the market without driving the price below our entry point as to negate any losses. The protection on NNC remains our prime objective as we not seek to rush the coin to any exchange and watch it's value trade near 1 satoshi fueled my miners only seeking short term gain. The average listing for currency exchange has rapidly increased to an average of 3 to 5 BTC and will be a point discussed with our investors.
We will provide updates as soon as they become available about the direction of NNC and NIT
legendary
Activity: 2632
Merit: 1094
Any update about a new exchange site listing?
legendary
Activity: 2165
Merit: 1002
In any case it's good to know there is a backup plan
sr. member
Activity: 417
Merit: 252
Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.


from previous posts I thought the dev had abandoned this coin, thats what happens when you only read the current page I guess. if he hasnt and theres active development then theres no need people are probably worried because he hasnt logged in for a few days

We are waiting for new developments to arrive. I won't do anything until I see clearly that the dev isn't working on the coin anymore. What I'm still waiting for is the new website design and some more information about Nithrius.
sr. member
Activity: 714
Merit: 252
Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.


from previous posts I thought the dev had abandoned this coin, thats what happens when you only read the current page I guess. if he hasnt and theres active development then theres no need people are probably worried because he hasnt logged in for a few days
legendary
Activity: 2165
Merit: 1002
Difficulty has actually gone up in the last few days.

How are you going to swap when the dev said he hasn't abandoned the coin?
He even has a release of a gui wallet planned for the 15th of this month according to the homepage.

sr. member
Activity: 714
Merit: 252
So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.

i give vote to swap to new chain

+1

pos is probably the way forward with this one, scrypt pow couldnt hurt
sr. member
Activity: 462
Merit: 250
So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.

i give vote to swap to new chain
sr. member
Activity: 417
Merit: 252
So, no new exchange?

Not at the moment. We have three OTC orders, WTS 50K @ 50 sat, 50K @ 10 sat and WTB @ 5 sat (not sure about the amount he wants to buy).

Also I'm curious about how many of you would want a swap for a Scrypt PoS coin or some other algos. Since there are just a few miners the network is pretty weak and susceptible to attacks.
full member
Activity: 504
Merit: 100
So, no new exchange?
sr. member
Activity: 417
Merit: 252
Since Cryptopia delisted NNC there is no real third party way for people to exchange NNC. If people are willing to trust me I can act as an escrow between the two parties. I could also create a thread and post the existing OTC orders in it. Also WTS 45k NNC @ 50 sat. If I get enough "orders" I'll make an OTC thread. PM me the orders you want to list.

Is that a typo? I will buy at 5 sats.

Not a typo. Since it's the first order in a while I can set it at any value, anybody can sell much lower than I do. How much are you buying at 5 sat?

Is the wallet stable again ? How can you sell at 5 satoshi ? Too cheap. Bring it up please.

I'm selling at 50 sat lol not 5. The wallet should be stable, the network can still be attacked due to the low network hashrate but all the transactions that got into orphaned blocks should unlock after some time (could be one day, could be a few weeks).
hero member
Activity: 770
Merit: 500
Since Cryptopia delisted NNC there is no real third party way for people to exchange NNC. If people are willing to trust me I can act as an escrow between the two parties. I could also create a thread and post the existing OTC orders in it. Also WTS 45k NNC @ 50 sat. If I get enough "orders" I'll make an OTC thread. PM me the orders you want to list.

Is that a typo? I will buy at 5 sats.

Not a typo. Since it's the first order in a while I can set it at any value, anybody can sell much lower than I do. How much are you buying at 5 sat?

Is the wallet stable again ? How can you sell at 5 satoshi ? Too cheap. Bring it up please.
sr. member
Activity: 417
Merit: 252
Since Cryptopia delisted NNC there is no real third party way for people to exchange NNC. If people are willing to trust me I can act as an escrow between the two parties. I could also create a thread and post the existing OTC orders in it. Also WTS 45k NNC @ 50 sat. If I get enough "orders" I'll make an OTC thread. PM me the orders you want to list.

Is that a typo? I will buy at 5 sats.

Not a typo. Since it's the first order in a while I can set it at any value, anybody can sell much lower than I do. How much are you buying at 5 sat?
legendary
Activity: 1638
Merit: 1013
Since Cryptopia delisted NNC there is no real third party way for people to exchange NNC. If people are willing to trust me I can act as an escrow between the two parties. I could also create a thread and post the existing OTC orders in it. Also WTS 45k NNC @ 50 sat. If I get enough "orders" I'll make an OTC thread. PM me the orders you want to list.

Is that a typo? I will buy at 5 sats.
sr. member
Activity: 417
Merit: 252
Since Cryptopia delisted NNC there is no real third party way for people to exchange NNC. If people are willing to trust me I can act as an escrow between the two parties. I could also create a thread and post the existing OTC orders in it. Also WTS 45k NNC @ 50 sat. If I get enough "orders" I'll make an OTC thread. PM me the orders you want to list.
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