Topic: [ANN][NOO]NooCoin | Nootropic Payment Gateway | 25% Discount | Now Shipping! - page 33. (Read 87404 times)
December 15, 2014, 11:19:40 PM
Wonderful ANN, very clean and professional! I look forward to following your progress and trying your products. I like the fact that this coin has a product and real world use. Best of luck to your team!
December 15, 2014, 11:13:30 PM
Seems like a better-organized and more towards the legal end of the gray area of these substances than existing similar coins like EuphoriaCoin, which did OK on its own.
However, if you're simply using your coin as GBP-peg-priced currency for your site, you'd achieve better distribution via proof-of-work and distribution of mining rewards across the open market. This allows or aims for a low initial price and the lure of potential speculative profits in line with payment use as that ramps up, encouraged by your payment gateway, which will then be your job to sustain as your system matures. For a niche ICO coin like this, considering the prevailing sentiment, the price of NOO will almost assuredly drop below its ICO price a few days after the market goes live, costing you investor goodwill and momentum. I've observed nearly every ICO coin worth a look, and very few trade above their ICO price for long.
I know you want to recoup a lot of what you've laid out for your existing infrastructure, and the ICO is the way to do it. I suggest a hybrid ICO and proof of work phase. Make the ICO 10-20% of the total coin supply, and use a portion of your proceeds to mine the coin yourself via hashrate rental. This has two benefits, the first of which is a bolstering of your NOO stake which you were planning to reward to your first 100 customers via giveaway; the second, a high hashrate on your coin, which generates increased interest among early adopter miners, whom you can then count on to plug/promote NOO and possibly even fight some FUD if you've given them reason to back you by following through on your promises successfully and kept yourselves communicative.
Tl;dr: switch from ICO to PoW/ICO hybrid (or pure PoW) and you'll do better.
If given the opportunity for PoW, I will mine the hell out of this. Otherwise I will not invest in it until the ICO is over and I can pick a low buy-in price.
However, if you're simply using your coin as GBP-peg-priced currency for your site, you'd achieve better distribution via proof-of-work and distribution of mining rewards across the open market. This allows or aims for a low initial price and the lure of potential speculative profits in line with payment use as that ramps up, encouraged by your payment gateway, which will then be your job to sustain as your system matures. For a niche ICO coin like this, considering the prevailing sentiment, the price of NOO will almost assuredly drop below its ICO price a few days after the market goes live, costing you investor goodwill and momentum. I've observed nearly every ICO coin worth a look, and very few trade above their ICO price for long.
I know you want to recoup a lot of what you've laid out for your existing infrastructure, and the ICO is the way to do it. I suggest a hybrid ICO and proof of work phase. Make the ICO 10-20% of the total coin supply, and use a portion of your proceeds to mine the coin yourself via hashrate rental. This has two benefits, the first of which is a bolstering of your NOO stake which you were planning to reward to your first 100 customers via giveaway; the second, a high hashrate on your coin, which generates increased interest among early adopter miners, whom you can then count on to plug/promote NOO and possibly even fight some FUD if you've given them reason to back you by following through on your promises successfully and kept yourselves communicative.
Tl;dr: switch from ICO to PoW/ICO hybrid (or pure PoW) and you'll do better.
If given the opportunity for PoW, I will mine the hell out of this. Otherwise I will not invest in it until the ICO is over and I can pick a low buy-in price.
December 15, 2014, 11:01:06 PM
We pleased to announce that after much conversation with Bittrex, we will be launching tonight at 10pm PST.
Please note that we have altered some of the offering details, and we believe that everyone will be happy with the new specifications!
We will also be holding some live QA sessions on Google Hangout shortly, so stay tuned!
As always, please feel free to contact us either on this board, our website or direct message.
Thanks!
Please note that we have altered some of the offering details, and we believe that everyone will be happy with the new specifications!
We will also be holding some live QA sessions on Google Hangout shortly, so stay tuned!
As always, please feel free to contact us either on this board, our website or direct message.
Thanks!
December 15, 2014, 10:56:19 PM
Each ICO IPO ITO have the same moving story! 
December 15, 2014, 10:53:03 PM
NooHack Pre-Order Deposit System Details We would like to invite customers to pre-order from our first batch. There are several reasons for opening a pre-order. Firstly, we expect that with our competitive pricing and unique acceptance of NooCoin, our first batch will sell out and the pre-order will ensure that customers can be served on a first come first serve basis. Secondly and very importantly, the pre-order process serves as an aid to further gauge the market and analyse which products are more popular, aiding with our forecast figures. We will be rewarding our first 100 customers with 500 free NooCoin loyalty coins. In addition, we?ll introduce our tiered account system immediately after launch which will reward customers with NooCoin for every GBP spent at the store! Pre-Order Conditions Customers can deposit a minimum of 10% of the value of the order to initiate the pre-order process. When we ship our first batch, if the pre-order is paid in full by the 15th, the order will be fulfilled on the 21st of January and the products shipped to the customer. Refund A pre-order may be refunded in the case that a customer no longer wants their order fulfilled. To cancel, simply select the cancel order option and the original and exact amount of funds will be refunded to the address supplied. NooHack assumes a pre-order not paid in full by the 15th an intention of cancellation. In this case, order will be automatically cancelled, and funds refunded to the address supplied. Payment Options NooHack accepts Paypal, Bitcoin (BTC), and NooCoin (NOO) for payment. Each product will be priced according to its equivalent GBP value in the case of BTC and NOO. The prices will automatically be adjusted for the discounts when paying with BTC and NOO and also adjust automatically with fluctuations with the value of BTC and NOO relative to GBP. Currently, payment can only be accepted in a single pre-selected currency for the order. You may not make a pre-order and pay with a combination of currencies. TL;DR
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Introducing the NooCoin Fair-Value Eco-System
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Coming Soon:
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News:
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Exchanges
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Explore our product range now at www.noohack.com
The NooHack team
Sean Fox, Elmer Lin, Gary Fox
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