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Topic: [ANN]XDNA-Revolution in cryptocurrency|POS|Charity Support|NoICO| - page 86. (Read 90307 times)

full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
I have already met several online projects that were going to launch full-fledged online stores that will sell goods for cryptocurrency. Alas ... more than one project has not started.
It is difficult to sell goods and services for cryptocurrency in terms of price as the market is not stable and the price of the currency is the same. First of all, we need stability of the exchange rate. Otherwise, the store will simply not benefit anyone.

The way the ability to buy with cryptocurrencies is usually implemented like this,
1) The site owner puts an automatic fiat-crypto conversion in the background
2) They put a price in fiat on each item, but the users only see the crypto-price
3) When the user decides to buy something, the conversion price will be locked for X minutes and the system will await the payment

But I guess you mean that a company (in this case the XDNA team) is in risk of buying an item for 9$, selling it for 100 XDNA (10$) and later the coin's price fall 20% and it's like they sold it for a loss of 1$.
I don't think it makes much of a difference for XDNA because if this operation would be a success with many sales, then the coin's price would rise striking a good profit. If the shop would have only a few sales and the price fell, then this wouldn't make much of a damage because of low sales.

What update do you mean? If the wallet, then it was carried around literally the other day. Wallet works well and without fail.

for example this update: " 2018, Q4
Release a mobile wallet for Android"

CryptTech, I have not ignored your question, I'm just waiting for someone from the dev team to answer me. They're on different timezones or sometimes they're just busy! I'll follow up with you soon though.
full member
Activity: 532
Merit: 109
I have already met several online projects that were going to launch full-fledged online stores that will sell goods for cryptocurrency. Alas ... more than one project has not started.
It is difficult to sell goods and services for cryptocurrency in terms of price as the market is not stable and the price of the currency is the same. First of all, we need stability of the exchange rate. Otherwise, the store will simply not benefit anyone.
copper member
Activity: 328
Merit: 1
What update do you mean? If the wallet, then it was carried around literally the other day. Wallet works well and without fail.

for example this update: " 2018, Q4
Release a mobile wallet for Android"
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
when is the next update planned?
If you're talking about the hardfork which will reduce the mining rewards, we're well within schedule and we should be ready to implement somewhen between end of October to mid-November.

For more details about what this update will include,
Quote
A fork will induce the lowering of rewards at all Bitgun levels by 10% per month during a period of 24 months. By the end of this period, the reward on the first level will be 0.35 XDNA, while the 15 lvl reward will become 9.66 XDNA. This measure is aimed at raising the value of the coin, since it will gradually become harder and harder to obtain.

The minimal XDNA emission is currently 6 307 200 coins for the duration of 3 years, while the maximal is 171 871 200 coins.
After the above option is implemented, the minimal XDNA emission will be 1 590 163 XDNA coins, while the maximal emission will be more than 4 times lower — 43 331 957 XDNA!
Furthermore, the percentage of masternodes' part of the block reward will be increased in order to prevent the decline of ROI. The new reward distribution is the following:
52% to miners
25% to full MNs
15% to medium MNs
5% to light MNs
2% to XDNA Foundation
1% - to DevFee
We significantly limit the coin emission thus thwarting the over-saturation of the market and increasing the profit of investors.
Estimated implementation time – 1-3 month
member
Activity: 364
Merit: 11
Agree that it is very important that Masternode XDNA is not only available but also very promising. By purchasing it now you can be confident in the stable earnings of the XDNA coin for many years.
jr. member
Activity: 126
Merit: 1
I can say about myself. I for example do not have the opportunity to invest large sums. And so buying masternodes from most projects is not available to me. Therefore, I really like the opportunity to purchase Light Node XDNA. I can afford it.
member
Activity: 266
Merit: 12
Several options masternode in one project and the truth is rarely seen. I also like this approach to investors!
jr. member
Activity: 126
Merit: 1
Y XDNA as far as I know several types of masternodes. What is the difference?
Do you mean: light, medium and full nodes? From the number of coins required to start the masternode.
Thank you! It is very good that the XDNA project provides for the possibility of purchasing masternodes for investors with different financial opportunities!
newbie
Activity: 10
Merit: 0
Awesome project !!
member
Activity: 462
Merit: 20
I have already met several online projects that were going to launch full-fledged online stores that will sell goods for cryptocurrency. Alas ... more than one project has not started.
member
Activity: 672
Merit: 22
I had an idea this morning and before I propose it to the core team, I'd like to hear any ideas from the community.

Would you be interested in a e-shop run in our site (something like shop.xdna.io), with all kind of branded goods which would be sold in low prices, almost as much as they'd cost us to purchase them, with the 95% of the money going to the XDNA Foundation wallet? Every purchase would be paid in XDNA ofcourse, but since the team is working on a crypto-to-XDNA conversion tool it'd be possible to easily obtain XDNA even without registering to an exchange.

The red text on my idea is where I'm especially interested to hear your thoughts.

I believe it'd easy to have branded mousepads, office consumables like stickers, pencils etc, decorations for home or the office, bags, things like that. With higher interest we would be able to arrange deals with manufacturers and provide more expensive things like headphones and mouses.

The XDNA team wouldn't need to have any profit from this, the purposes would be the following 3,
  • Charity, like other charity organizations, the most or all of the earnings would go to charity
  • Marketing, some of the items sold would have our logo if possible
  • Demand, the price would increase because of higher demand and this would help support miners and reward investors indirectly.

An example from Unicef: https://www.market.unicefusa.org
It would be great to launch the sale of goods for cryptocurrency XDNA. For example, some kind of small electronics or accessories.
member
Activity: 210
Merit: 10
What update do you mean? If the wallet, then it was carried around literally the other day. Wallet works well and without fail.
copper member
Activity: 328
Merit: 1
when is the next update planned?
member
Activity: 210
Merit: 10
I met similar shops in other crypto projects. I want to say that they enjoyed success with members of the coin community.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
I had an idea this morning and before I propose it to the core team, I'd like to hear any ideas from the community.

Would you be interested in a e-shop run in our site (something like shop.xdna.io), with all kind of branded goods which would be sold in low prices, almost as much as they'd cost us to purchase them, with the 95% of the money going to the XDNA Foundation wallet? Every purchase would be paid in XDNA ofcourse, but since the team is working on a crypto-to-XDNA conversion tool it'd be possible to easily obtain XDNA even without registering to an exchange.

The red text on my idea is where I'm especially interested to hear your thoughts.

I believe it'd easy to have branded mousepads, office consumables like stickers, pencils etc, decorations for home or the office, bags, things like that. With higher interest we would be able to arrange deals with manufacturers and provide more expensive things like headphones and mouses.

The XDNA team wouldn't need to have any profit from this, the purposes would be the following 3,
  • Charity, like other charity organizations, the most or all of the earnings would go to charity
  • Marketing, some of the items sold would have our logo if possible
  • Demand, the price would increase because of higher demand and this would help support miners and reward investors indirectly.

An example from Unicef: https://www.market.unicefusa.org
jr. member
Activity: 126
Merit: 1
Y XDNA as far as I know several types of masternodes. What is the difference?
Do you mean: light, medium and full nodes? From the number of coins required to start the masternode.
Can I get information on how much revenue each node brings? If possible, I would like to know the actual data from the real owners of the masternode XDNA.
member
Activity: 266
Merit: 12
I really liked the concept of several masternodes. This allows you to maximize the range of potential investors.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Y XDNA as far as I know several types of masternodes. What is the difference?
Do you mean: light, medium and full nodes? From the number of coins required to start the masternode.

Exactly, and ofcourse the rewards are relatively different too.
We call this system "Triple Node Technology", T.N.T. for short.
You can read more about it here: https://xdna.io/triplenodetechnology/
full member
Activity: 574
Merit: 117
I think that investors now need to allocate more resources to such projects, because the creation of products such as XDNA contribute to solving a number of problems and are socially useful.
You are absolutely right! The bulk of the projects is exclusively engaged in collecting money from investors. And XDNA, on the contrary, is actively involved in charity work and helps those in need!
jr. member
Activity: 238
Merit: 1
I think now we need to invest in such projects, because the development of such technological ICO and characterizes crypt as a whole. Therefore, the more socially useful products will be created, the faster the market will grow.
I think that investors now need to allocate more resources to such projects, because the creation of products such as XDNA contribute to solving a number of problems and are socially useful.
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