Topic: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin - page 22. (Read 194194 times)

– Open beta: available on Google Play store for community to aid in bug-hunting, feedback and improvement
– Voluntary AML and KYC areas are now available for progress into 2016 utility
– Noble Pay now available not only to Australians, extended to 17 countries in Europe via SEPA
– Email receipts for personal/business records automated for all orders and payments
– Limits on orders now automated based on an individual currency’s liquidity (typically minimum of .5 BTC)
– Revamped user area – information, payment history and AML/KYC status
– Coin ‘address book’ to manage individual addresses and tie them to your personal Noble account
– Early faucet-style functionality and free coins tied to your ‘address book’ lists to encourage installation and use of Noble application
– Time option added to ‘send gift card to friend’ (not just date)
– User-to-user payments (manual, direct or via ‘address book’) – between Noble user IDs
– Color-codes and improved layout for transaction history
– Search capabilities and ‘by category’ for gift cards
– Basic settings activated
– Search field added to digital currency payment option
– ‘Recent activity’ now shows payment address – so that it can be retrieved/copied in future if user navigates away from initial payment screen
– Default delivery time/date to now – also more obvious to new users a date is not a requirement
– Null/null on info fixed
– Larger ‘more’ button for navigating gift cards

For weeks now... I pm rofo about it like 2 weeks ago.
I guess he is just busy with something else, noxt become his side project and it really doesn't look like it's his main concern for the last few months or even since the beginning.

www.noblemovement.com down!!!?

When rofo finish the cycle by having 100% of the coins, he can do whatever he wants.

I thought instead of Rofo buying back the Noxt it was more a case of Noxt will be used for payment for services from Rofos crypto ventures and those Noxt will then be burnt/destroyed by Rofo, eventually all Noxt are gone and price is very high if all goes to plan.

What happens after Rofo buys all of the Noxt Tokens back,
will he create more Noxt tokens from burning Noble or is that the end of the project?

And what will determine , when he buys them back?

Thanks.

@szenekonzept
Close, it is "his work(project), that is funding the tokens is central (by nature)"
Those decentralized tokens represent revenues that might come from a centralized project in the field of decentralized crypto currencies

@Buy$Polar
Those tokens value is backed with only one thing, rofo's work.
If someone will manage to buy 100% of the coins - he will basically have to wait for rofo to buy them all from him, so the new holder won't be in charge of the project - he will just be in charge of all of its tokens.

It is similar to entering a small casino and buying all their casino jetons include from the existing players, it will just mean the casino now have to pay for 1 big holder instead of many small holders, the value of those tokens is still backed by the casino - not by the holder

edit: and of course that holder is not a share holder of the casino now, he just own their tokens which represent something (fixed value in this example).

@Buy$Polar
Those tokens value is backed with only one thing, rofo's work.
If someone will manage to buy 100% of the coins - he will basically have to wait for rofo to buy them all from him, so the new holder won't be in charge of the project - he will just be in charge of all of its tokens.

It is similar to entering a small casino and buying all their casino jetons include from the existing players, it will just mean the casino now have to pay for 1 big holder instead of many small holders, the value of those tokens is still backed by the casino - not by the holder

edit: and of course that holder is not a share holder of the casino now, he just own their tokens which represent something (fixed value in this example).

Newbie Question?

It seems to me , your example is if the majority can redirect the chain , it is a decentralized project.

What if someone beside Rofo purchased all of the Noxt Tokens and kept them, would that not put them in charge of Noxt instead of Rofo, especially if they started their own separate app.  And in your example make it decentralized.
Or are you saying Rofo can control the Noxt token no matter who buys it.

Thanks.

It is much simpler, I am not talking about centralization forced by being depended on the dev(s) like any other crypto coin, those coins are still decentralized as far as much I concern.

Those decentralized projects like noble coin, can be taken over by anyone - if the majority will agree on a new chain it will become the new ledger of noblecoin - classic decentralization - the majority wins.

This is not the case here, no one can take over on anything because those decentralized tokens of noxt worth nothing without rofo's work, actually it is agreed the cycle of noxt will end when rofo will finish to buy all noxt tokens back and own 100% of them - so basically those tokens represent the work of jason in the crypto currency field, this is why it was so easy for him to make changes dynamically when needed, he is the only one who need to agree to such changes - it is 100% his project.

It is much simpler, I am not talking about centralization forced by being depended on the dev(s) like any other crypto coin, those coins are still decentralized as far as much I concern.

Those decentralized projects like noble coin, can be taken over by anyone - if the majority will agree on a new chain it will become the new ledger of noblecoin - classic decentralization - the majority wins.

This is not the case here, no one can take over on anything because those decentralized tokens of noxt worth nothing without rofo's work, actually it is agreed the cycle of noxt will end when rofo will finish to buy all noxt tokens back and own 100% of them - so basically those tokens represent the work of jason in the crypto currency field, this is why it was so easy for him to make changes dynamically when needed, he is the only one who need to agree to such changes - it is 100% his project.

you see the line "I am crowd funding..." in the op? it is not a decentralized project being led by 1 dev, it is 1 dev running a project under his name, those tokens should represent his future earnings from the crypto field in case he will have any (I know there is no guarantee for success or any return like I mentioned few times).