Pages:
Author

Topic: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin - page 33. (Read 194194 times)

legendary
Activity: 2086
Merit: 1001

Hopefully it all works out for you guys. I've been out [investment wise] in regards to crypto for the past year, but I still watch the communities I use to follow.

Nope it aint looking good at all!!
Wish id been out from a year ago, my god id be so much wealthier and less stressed!!
hero member
Activity: 735
Merit: 501

Hopefully it all works out for you guys. I've been out [investment wise] in regards to crypto for the past year, but I still watch the communities I use to follow.
hero member
Activity: 691
Merit: 500
legendary
Activity: 2086
Merit: 1001
legendary
Activity: 1232
Merit: 1000
Quote
So the coins can choose whether to pay up front or on a pay as you go basis? Or are you trying to choose between them?

I think the idea of having both to choose from is best IMO. Both good.

You could maybe offer a reduced percentage for the first few sign ups to hopefully build up a user base?

The holders of NOXT can decide on the amount, since they hold/funded/want to get rid of it. Both options are available though, as in the flat % fee (in the case of nobody bothering to pay or promote), or the 0% fee for coins that want to fund listing.
legendary
Activity: 2086
Merit: 1001
I hope this gets going soon, already well over a month since the last given date. Starting to look pretty bad Sad
even the neighbourhood trolls don't bother any more
hero member
Activity: 691
Merit: 500
Glad I bothered replying...
hero member
Activity: 691
Merit: 500
Adding and testing the top 5 (perhaps 10) coins on Coinmarketcap for use on the platform over the next week, then we will be good for the mobile app.

Fee structure
The proposed fee structure is a combination of two paths:

1) Coins are added (ultimately the top 100 or so) and the services require an adjustable fee (think 1%-2% - whatever stays attractive and competitive), or

2) Coins/communities/donations/developers/whoever pay an ongoing listing fee for the services. Similar to getting listed on an exchange or other payment service, and in return enjoy 0% fees. This could be a token amount, or grow as popularity/services grow.

These fees are in NOXT, are either % or BTC-value based and voted on and determined by the community (holders). If a different fee or charge structure is preferred and recommended I'm happy to go that route also. The aim is for the platform to build demand and a use-case for NOXT (since it has funded the platform), while providing universal digital currency services: giving them all real, applicable currency use despite their technical (or lack of) merits.

The better this is promoted and sold (a community effort also) to give other digital currencies real-world use the more NOXT will be required to be purchased and burnt.

So the coins can choose whether to pay up front or on a pay as you go basis? Or are you trying to choose between them?

I think the idea of having both to choose from is best IMO. Both good.

You could maybe offer a reduced percentage for the first few sign ups to hopefully build up a user base?
legendary
Activity: 1946
Merit: 1007
DMD Diamond
is for sure interested

i am a strong believer in jason since ages



Cool that you are still around here Smiley Too bad the stuff with nobl didn't work out the way we all wanted to, but I still like DMD as well! Smiley
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
DMD Diamond
is for sure interested

i am a strong believer in jason since ages

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
is NOXT delisted from coinmarketcap?
legendary
Activity: 1946
Merit: 1007
Adding and testing the top 5 (perhaps 10) coins on Coinmarketcap for use on the platform over the next week, then we will be good for the mobile app.

Fee structure
The proposed fee structure is a combination of two paths:

1) Coins are added (ultimately the top 100 or so) and the services require an adjustable fee (think 1%-2% - whatever stays attractive and competitive), or

2) Coins/communities/donations/developers/whoever pay an ongoing listing fee for the services. Similar to getting listed on an exchange or other payment service, and in return enjoy 0% fees. This could be a token amount, or grow as popularity/services grow.

These fees are in NOXT, are either % or BTC-value based and voted on and determined by the community (holders). If a different fee or charge structure is preferred and recommended I'm happy to go that route also. The aim is for the platform to build demand and a use-case for NOXT (since it has funded the platform), while providing universal digital currency services: giving them all real, applicable currency use despite their technical (or lack of) merits.

The better this is promoted and sold (a community effort also) to give other digital currencies real-world use the more NOXT will be required to be purchased and burnt.

I am more than happy to do some promo work as soon as we have all info required to run a good promo campaign!

Looking forward to the release Smiley
legendary
Activity: 1232
Merit: 1000
Adding and testing the top 5 (perhaps 10) coins on Coinmarketcap for use on the platform over the next week, then we will be good for the mobile app.

Fee structure
The proposed fee structure is a combination of two paths:

1) Coins are added (ultimately the top 100 or so) and the services require an adjustable fee (think 1%-2% - whatever stays attractive and competitive), or

2) Coins/communities/donations/developers/whoever pay an ongoing listing fee for the services. Similar to getting listed on an exchange or other payment service, and in return enjoy 0% fees. This could be a token amount, or grow as popularity/services grow.

These fees are in NOXT, are either % or BTC-value based and voted on and determined by the community (holders). If a different fee or charge structure is preferred and recommended I'm happy to go that route also. The aim is for the platform to build demand and a use-case for NOXT (since it has funded the platform), while providing universal digital currency services: giving them all real, applicable currency use despite their technical (or lack of) merits.

The better this is promoted and sold (a community effort also) to give other digital currencies real-world use the more NOXT will be required to be purchased and burnt.
hero member
Activity: 691
Merit: 500
is their a 'revised' deadline for release now??

Testing final payment processing and wallets - mostly security. Don't want to give an exact date again but it's close.

I'm happy with that, just keep us up to date Smiley
legendary
Activity: 1232
Merit: 1000
is their a 'revised' deadline for release now??

Testing final payment processing and wallets - mostly security. Don't want to give an exact date again but it's close.
legendary
Activity: 2086
Merit: 1001
is their a 'revised' deadline for release now??
legendary
Activity: 1232
Merit: 1000
Recent reports also suggest bitcoin & crypto currencies generally will be treated as 'digital currencies' rather than 'digital commodities' in Australia soon, and thus no GST (i.e. no tax). This is great news for rofo & NOBL/NOXT!! This should put Australian regulations on par with the UK.

http://www.smh.com.au/business/banking-and-finance/senate-committee-says-bitcoin-should-be-treated-as-a-regular-currency-20150731-gior3u.html

As another aussie myself, this makes Australia a great place to setup crypto businesses, so I'm pretty pumped for the future now!

Definitely the tax issue being resolved is great. Australia has the mood still of embracing innovation/experiments and 'wait and see' - fixing GST and allowing us to do what we do provided we're small and don't obviously break current AML laws. America on the other hand is choking anyone not already big, rolling out the red carpet for the ex-bankers and ex-financial heads who are stepping into crypto/blockchain with VC money. Rip the grass roots movement sooner than I expected.
hero member
Activity: 1068
Merit: 523
release soon??

I'll post some more screenshots of the payment processing, but yes.

More importantly, it's crucial people are aware of this ruling related to longer-term plans with gold. It does not affect the currency or payment aspect that the app focuses on right now. This may include very public current coins/tokens planning/claiming similar directions. This is very important for anything US-customer-based.

http://www.coindesk.com/fincen-rules-commodity-backed-token-services-are-money-transmitters/

For Australia/non-US, it is my current understanding I will all but guaranteed exemption from a financial services license for at least a couple years (I hope not less) due to being a low-vol/value start-up, the Aus-based regulatory hearings being exploratory in nature, and BTC still not officially being recognised. What I will be providing is payment processing for multiple digital currencies (at NOXT listing fee as outlined). When and if an exemption ends I should be in the right position to receive licensing at that point.



Recent reports also suggest bitcoin & crypto currencies generally will be treated as 'digital currencies' rather than 'digital commodities' in Australia soon, and thus no GST (i.e. no tax). This is great news for rofo & NOBL/NOXT!! This should put Australian regulations on par with the UK.

http://www.smh.com.au/business/banking-and-finance/senate-committee-says-bitcoin-should-be-treated-as-a-regular-currency-20150731-gior3u.html

As another aussie myself, this makes Australia a great place to setup crypto businesses, so I'm pretty pumped for the future now!
legendary
Activity: 1232
Merit: 1000
release soon??

I'll post some more screenshots of the payment processing, but yes.

More importantly, it's crucial people are aware of this ruling related to longer-term plans with gold. It does not affect the currency or payment aspect that the app focuses on right now. This may include very public current coins/tokens planning/claiming similar directions. This is very important for anything US-customer-based.

http://www.coindesk.com/fincen-rules-commodity-backed-token-services-are-money-transmitters/

For Australia/non-US, it is my current understanding I will all but guaranteed exemption from a financial services license for at least a couple years (I hope not less) due to being a low-vol/value start-up, the Aus-based regulatory hearings being exploratory in nature, and BTC still not officially being recognised. What I will be providing is payment processing for multiple digital currencies (at NOXT listing fee as outlined). When and if an exemption ends I should be in the right position to receive licensing at that point.

legendary
Activity: 2086
Merit: 1001
Pages:
Jump to: