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Topic: [ANN][NOXT] - NobleNXT Proposal/Whitepaper - Noble's 1st Colored Coin - page 59. (Read 194190 times)

hero member
Activity: 566
Merit: 500
Unselfish actions pay back better

Or they could be burnt permanently by sending them to the genesis account […]


Sure thing. I can do that. Will just mean if the cycle idea is a success then a new 'asset' and ID is issued in the future. I'm fine with that.


I'm not sure I understand the whole cycle thing…  Of course, if a new asset is issued I can see where new coins come from.  But if no new asset is issued?
legendary
Activity: 1232
Merit: 1000
Regarding the NOXT not sold burning. It can either be given to and held in escrow by a trusted BTC or NXT third party, or left in the public 'chest'.

Or they could be burnt permanently by sending them to the genesis account: NXT-MRCC-2YLS-8M54-3CMAJ.


Sure thing. I can do that. Will just mean if the cycle idea is a success then a new 'asset' and ID is issued in the future. I'm fine with that.
hero member
Activity: 566
Merit: 500
Unselfish actions pay back better
Regarding the NOXT not sold burning. It can either be given to and held in escrow by a trusted BTC or NXT third party, or left in the public 'chest'.

Or they could be burnt permanently by sending them to the genesis account: NXT-MRCC-2YLS-8M54-3CMAJ.
legendary
Activity: 1554
Merit: 1000
I would just like to be a little personal and say NOXT also cost me my long-term partner

Proof-of-Burn, right there!  

Lesson there kids. Don't work so hard on building or trading crypto. that it costs you someone awesome. Take a break every hour, stretch and give your partner a cuddle! Tongue

adamstgBit from the Wall Observer thread knows all about this, also.
legendary
Activity: 1232
Merit: 1000
Immediate-term I'm getting an excel list of all requests to burn NOBL, and will be PM'ing everyone with info. over the coming day.
member
Activity: 118
Merit: 10
Please people do not panic, price has double  Smiley

14  NobleNXT NobleNXT  NOXT $ 107,126  $ 0.253079   423,291 *  $ 5,162  90.93 % 92.05 % 88.24 %
legendary
Activity: 1232
Merit: 1000
I would just like to be a little personal and say NOXT also cost me my long-term partner

Proof-of-Burn, right there!  

Lesson there kids. Don't work so hard on building or trading crypto. that it costs you someone awesome. Take a break every hour, stretch and give your partner a cuddle! Tongue

Regarding the NOXT not sold burning. It can either be given to and held in escrow by a trusted BTC or NXT third party, or left in the public 'chest'. Whatever keeps everyone the most comfortable that I can't access it. Remember if things go to plan regarding scarcity and fees then we do need access in the longer-term.
sr. member
Activity: 420
Merit: 250
legendary
Activity: 1554
Merit: 1000
I would just like to be a little personal and say NOXT also cost me my long-term partner

Proof-of-Burn, right there! 
legendary
Activity: 1232
Merit: 1000
Update

Adios! Just kidding.

Thanks for the patience and support. I'm still surprised at how much I learnt even after a year of how people want to do business behind the scenes with coins. Smiley Was quite insightful.

Some things:
- I will not be focusing on the remaining whitepaper until I get three pillars (see below) finalized - too much info. and not widely read. Also, the new Australian paper on BTC and legalities will allow me to rework and double check everything.
- Bear in mind we will have traders who did not want to buy during crowdfund trying to get in lower (history tells them to expect a dump, presumably from myself)
- We will also have traders who want to take some easy profit from NOBL>NOXT>BTC burn. You might have an opportunity to get some lower. However the majority of burners will not want out at this price. I know because I spent a month doing nothing but discussing and getting to better know personally a lot of people.

If you've noticed I've gone silent, I got very tired of trying to sell NOXT by having to promise pump targets, promise free money, give free coins, give pump group info. (assuming there was one), etc. rather than discuss the project itself. I have put my head down in the real world to deliver what is described below. I would just like to be a little personal and say NOXT also cost me my long-term partner (I'm human might be hard to believe sometimes, I worked too hard, failed her and it cost me). So once the 100BTC barrier was reached I had no need for more, didn't want to feel like a pushy dodgy salesman, and just wanted to get to real work and spend the next 12 months building something that makes up for it. What this means is a lower market cap and room for growth, I don't need any more BTC. If I haven't responded to PMs you should receive them shortly with how to burn, addresses, etc.

What I'm doing immediately and expect fully 'operational' this month:
Delivering what I'm calling the 'three early pillars' of this project
1. The registered Australian business providing consultancy and crypto services charged in NOXT, with an early introductory out to potential clients
2. Second-hand licensing and development allowing precious metals and diamond trade on the new revamped marketplace
3. Business development and marketing plan to present to real-world industry representatives, potential partners and investors

There will also be information coming about the NobleTrade platform in development, services, the gift card website and NoblePay.

Please allow me to get together the final raised and all the PMs I got about burning, and I will get in touch with everyone with addresses and we'll burn the NOBL to NOXT over the next few days.

Whatever happens to the price in the short-term as people hustle I'm only going to say this once. I care about the value of NOXT, but my focus this time is on delivering what is outlined, not posting assurances on daily-weekly price movements or defending accusations.

Happy NYE everyone. 2014 taught us a lot about crypto. and this is the first step to building both NOBL & NOXT.
legendary
Activity: 961
Merit: 1000
Last minute buys coming in.

How much time left?

I have seen it just started!!! the end of the IPO!!
legendary
Activity: 961
Merit: 1000
sr. member
Activity: 420
Merit: 250
Last minute buys coming in.
hero member
Activity: 728
Merit: 500
Activity: yes
hero member
Activity: 728
Merit: 500
Activity: yes
newbie
Activity: 40
Merit: 0
NOXT will be traded for NOBL to those who wanted to buy it at the exchange rate. That NOBL is burnt. Any NOXT not sold does not enter circulation.

Even NOXT can be burned.  Is that the plan?


why should NOXT be burned?

You can buy NOXT directly with BTC or trade NOBL to NOXT via burning Smiley
I think he means burning the unsold assets.
legendary
Activity: 1946
Merit: 1007
hero member
Activity: 728
Merit: 500
Activity: yes
NOXT sell will be closed in less then 24 hours Smiley

https://www.poloniex.com/exchange#btc_noxt
sr. member
Activity: 378
Merit: 250
NOXT will be traded for NOBL to those who wanted to buy it at the exchange rate. That NOBL is burnt. Any NOXT not sold does not enter circulation.

Even NOXT can be burned.  Is that the plan?


why should NOXT be burned?

You can buy NOXT directly with BTC or trade NOBL to NOXT via burning Smiley
hero member
Activity: 566
Merit: 500
Unselfish actions pay back better
NOXT will be traded for NOBL to those who wanted to buy it at the exchange rate. That NOBL is burnt. Any NOXT not sold does not enter circulation.

Even NOXT can be burned.  Is that the plan?
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