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Topic: [ANN][XOM] Pre-Release|Coin and P2P Marketplace|Anon|Escrows|Reputation|and More - page 4. (Read 28405 times)

legendary
Activity: 1540
Merit: 1003
nice ann, looking forward to this coin!
copper member
Activity: 72
Merit: 0
OmniBazaar -- eBay for the "un-banked" billions
Can you speak to the reputation system you are envisioning for this marketplace ? One of the things which made eBay a huge success is the reputation system, the feedback made public about transactions.

Really don't see the need for a new coin though. If the transactions are direct, without middlemen, the transactors (buyers and sellers) could decide which currency or coin to use.

We are building a reputation/rating system into OmniCoin itself, not just the OmniBazaar marketplace. We believe that for any reputation system to be reliable, and not able to be hacked and tampered with, the reputation information must be part of the consensus of the blockchain.

This is part of the reason for developing a new coin. If we provide enough useful features (like reputation and easy escrow) in the coin, and make it extremely easy to use in the marketplace, we believe it will become the coin of choice.

Two users could, as you point out, use any coin they might agree on (or even fiat). But, they would either need to know and trust each other, or figure out some other method to escrow the funds for the purchase. We intend to use the combination of OmniCoin features and OmniBazaar features to make buying and selling "frictionless".

Do you envision a marking system similar to bitmark ?

From a quick look, I don't see very much similarity to  Bitmark. The page I saw didn't mention a marketing system. If you can fill me in a bit on what the marketing system is, I would be glad to make a comparison.

EDIT: I justs noticed that you said "marking", not "marketing". But, I'm not familiar with their "marking" system either. Care to give me the ELI5 version?

Best,
Rick
newbie
Activity: 17
Merit: 0
The OmniCoin you're referring to flopped bigger than shit.

The [XOM] OmniCoin that will actually get rolled out with OmniBazaar is definitely usable - I believe several other threads in this forum identified that particular product as a 'shitcoin'.  OmniCoin [XOM] was developed far earlier than what you're seeing (and has several pending patents).
Ignorance is bliss. Made more money on that coin than you've probably made online.

The OmniCoin you're referring to flopped bigger than shit.

The [XOM] OmniCoin that will actually get rolled out with OmniBazaar is definitely usable - I believe several other threads in this forum identified that particular product as a 'shitcoin'.  OmniCoin [XOM] was developed far earlier than what you're seeing (and has several pending patents).
Ignorance is bliss. Made more money on that coin than you've probably made online.

Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.


Your trademark application was made several months after the initial launch in 2013.

Hmm...

I see on the OmniCoin.org web site that it clearly states that OMC launched in April 2014. Pre-launch discussions are different than use.

But, as I said earlier, this is not the place to discuss this. Nothing we say here will change the facts.

Best,
Rick
Yes and you're ignoring my PMs about it when I try to take it to PM.

Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.


Your trademark application was made several months after the initial launch in 2013.

Hmm...

I see on the OmniCoin.org web site that it clearly states that OMC launched in April 2014. Pre-launch discussions are different than use.

But, as I said earlier, this is not the place to discuss this. Nothing we say here will change the facts.

Best,
Rick
That was the relaunch of it. If you did some research you'll see the original version was launched back in 2013.
full member
Activity: 486
Merit: 104
Can you speak to the reputation system you are envisioning for this marketplace ? One of the things which made eBay a huge success is the reputation system, the feedback made public about transactions.

Really don't see the need for a new coin though. If the transactions are direct, without middlemen, the transactors (buyers and sellers) could decide which currency or coin to use.

We are building a reputation/rating system into OmniCoin itself, not just the OmniBazaar marketplace. We believe that for any reputation system to be reliable, and not able to be hacked and tampered with, the reputation information must be part of the consensus of the blockchain.

This is part of the reason for developing a new coin. If we provide enough useful features (like reputation and easy escrow) in the coin, and make it extremely easy to use in the marketplace, we believe it will become the coin of choice.

Two users could, as you point out, use any coin they might agree on (or even fiat). But, they would either need to know and trust each other, or figure out some other method to escrow the funds for the purchase. We intend to use the combination of OmniCoin features and OmniBazaar features to make buying and selling "frictionless".

Do you envision a marking system similar to bitmark ?
member
Activity: 78
Merit: 12
Bitcoin Core wallet maintainer
The OmniCoin you're referring to flopped bigger than shit.

The [XOM] OmniCoin that will actually get rolled out with OmniBazaar is definitely usable - I believe several other threads in this forum identified that particular product as a 'shitcoin'.  OmniCoin [XOM] was developed far earlier than what you're seeing (and has several pending patents).
Ignorance is bliss. Made more money on that coin than you've probably made online.

Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.


Your trademark application was made several months after the initial launch in 2013.

Hmm...

I see on the OmniCoin.org web site that it clearly states that OMC launched in April 2014. Pre-launch discussions are different than use.

But, as I said earlier, this is not the place to discuss this. Nothing we say here will change the facts.

Best,
Rick

The website speaks of v2. Omnicoin v1 was the initial coin, but we rereleased due to some major issues with v1 due to bad planning. v1 was released in December 2013. V1 was not a prelaunch discussion, it was a fully functional coin. I can see that it might be slightly confusing for you.
sr. member
Activity: 248
Merit: 250
how much btc are you want?
copper member
Activity: 72
Merit: 0
OmniBazaar -- eBay for the "un-banked" billions
The OmniCoin you're referring to flopped bigger than shit.

The [XOM] OmniCoin that will actually get rolled out with OmniBazaar is definitely usable - I believe several other threads in this forum identified that particular product as a 'shitcoin'.  OmniCoin [XOM] was developed far earlier than what you're seeing (and has several pending patents).
Ignorance is bliss. Made more money on that coin than you've probably made online.

Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.


Your trademark application was made several months after the initial launch in 2013.

Hmm...

I see on the OmniCoin.org web site that it clearly states that OMC launched in April 2014. Pre-launch discussions are different than use.

But, as I said earlier, this is not the place to discuss this. Nothing we say here will change the facts.

Best,
Rick
copper member
Activity: 72
Merit: 0
OmniBazaar -- eBay for the "un-banked" billions
Can you speak to the reputation system you are envisioning for this marketplace ? One of the things which made eBay a huge success is the reputation system, the feedback made public about transactions.

Really don't see the need for a new coin though. If the transactions are direct, without middlemen, the transactors (buyers and sellers) could decide which currency or coin to use.

We are building a reputation/rating system into OmniCoin itself, not just the OmniBazaar marketplace. We believe that for any reputation system to be reliable, and not able to be hacked and tampered with, the reputation information must be part of the consensus of the blockchain.

This is part of the reason for developing a new coin. If we provide enough useful features (like reputation and easy escrow) in the coin, and make it extremely easy to use in the marketplace, we believe it will become the coin of choice.

Two users could, as you point out, use any coin they might agree on (or even fiat). But, they would either need to know and trust each other, or figure out some other method to escrow the funds for the purchase. We intend to use the combination of OmniCoin features and OmniBazaar features to make buying and selling "frictionless".
copper member
Activity: 72
Merit: 0
OmniBazaar -- eBay for the "un-banked" billions
Honor AGS and PTS,or BTS?

 Huh

Yes. It's no secret that we are copying BTSX. (References to DPoS and TITAN are a dead give-away to anyone who knows BTSX.) But, we are also adding a few important features. Of course, OmniCoin will be open-source. So BTSX will be able to benefit from our work, just as we are benefitting from theirs.

Best,
Rick
copper member
Activity: 72
Merit: 0
OmniBazaar -- eBay for the "un-banked" billions
Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.



No, you didn't. You applied for the trademark in February 2014, whereas Omnicoin was originally released in December 2013. Please decide on a new name for your coin, because regardless of your opinion on our coin, it is a legitimate cryptocurrency supported by many members on HF and has a solid grounding. We realize there are some who voice their negative opinions of omnicoin, but we have recently restructured the Omnicoin team and are currently undergoing many new developments.

Please have a look at the posting date of this thread: http://www.hackforums.net/showthread.php?tid=3923174
You will notice that it was posted on 12th December 2013.

On Friday, February 07, 2014, a U.S. federal trademark registration was filed for OMNICOIN by OmniBazaar, Inc., Clearwater, FL 33758. The USPTO has given the OMNICOIN trademark serial number of 86187319.

So clearly we chose the name before you filed your trademark application. Please rethink your branding.

Thanks, Mesh.
Omnicoin Team.

Hi Mesh,

This isn't the place for either of us to discuss the legal points of this. No amount of discussion back and forth is going to change the facts of the matter.

So, let's take this to PM.

Rick
OmniCoin Team
full member
Activity: 486
Merit: 104
Why you OP never do a little of search if there's any Omnicoin before you create such an useless thread. Omnicoin (the name, also the coin) is already taken. You can not use the same name, you must change the name of your coin.

Agree. Incredible that the OP and nobody on his team would do a simple search beforehand ...  Google: omnicoin site:bitcointalk.org  would have made them well aware the moniker was taken... Shocked
newbie
Activity: 17
Merit: 0
From the boss man:

Quote from: 'Omniscient'
Someone post this in that Bitcointalk thread.

Quote
The owner of Omnicoin.org has stated he's contacted his lawyer as well as the lawyer of the TM filing. Omnibazaar will not be allowed to use the brand Omnicoin for a cryptocurrency and he's going to be filing with USPTO to remove the live mark and consider additional legal action if it's required. While Omnibazaar applied the real Omnicoin was already launched and being used. A simple Google search at that time would have pulled up our results. He can and will easily prove first use.

And btw it's true. Already contacted their lawyer and mine. I'll get this sorted out.
newbie
Activity: 17
Merit: 0
The OmniCoin you're referring to flopped bigger than shit.

The [XOM] OmniCoin that will actually get rolled out with OmniBazaar is definitely usable - I believe several other threads in this forum identified that particular product as a 'shitcoin'.  OmniCoin [XOM] was developed far earlier than what you're seeing (and has several pending patents).
Ignorance is bliss. Made more money on that coin than you've probably made online.

Are you aware that there is already another coin using this name?
Yes. We're aware. And our trademark attorney will be contacting them.

We had a trademark application for the OmniCoin name filed well before they launched their coin.


Your trademark application was made several months after the initial launch in 2013.
full member
Activity: 486
Merit: 104
Can you speak to the reputation system you are envisioning for this marketplace ? One of the things which made eBay a huge success is the reputation system, the feedback made public about transactions.

Really don't see the need for a new coin though. If the transactions are direct, without middlemen, the transactors (buyers and sellers) could decide which currency or coin to use.
hero member
Activity: 652
Merit: 510
Why you OP never do a little of search if there's any Omnicoin before you create such an useless thread. Omnicoin (the name, also the coin) is already taken. You can not use the same name, you must change the name of your coin.

They will probably change the name of the coin. They are using the coin to collect money from users. OmniBazaar might be useful. CryptoBazaar might be helpful. OmniCoin does not add anything to a system where you can use bitcoins instead.
newbie
Activity: 42
Merit: 0
Why you OP never do a little of search if there's any Omnicoin before you create such an useless thread. Omnicoin (the name, also the coin) is already taken. You can not use the same name, you must change the name of your coin.
newbie
Activity: 8
Merit: 0
OmniCoin is already taken and is a pretty huge coin. Short name is OMC.
Yours might not be OMC, but it's definitely called OmniCoin.
Don't call it OmniCoin. It has already been taken and is one of the biggest community coins out there.

We had the name first no matter what you say.
full member
Activity: 149
Merit: 100
Honor AGS and PTS,or BTS?

 Huh
newbie
Activity: 59
Merit: 0
Do you know OpenBazaar, what's the difference between OminBazaar and OpenBazaar?
OmniBazaar*  Grin Grin Tongue Tongue
legendary
Activity: 1098
Merit: 1000
Angel investor.
Do you know OpenBazaar, what's the difference between OminBazaar and OpenBazaar?
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