Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 612. (Read 775150 times)

so normally you are giving free these mrais by faucet, but now you want to sell them  Am I understanding wrong something?

This is the worst way for distribution!
 just start captcha again and when 475K/per day distributed, turn off the faucet. but show us a counter or something on site, so we can see when 475k complete.
go to service section on bitcointalk. some users was recruiting people for solving captchas and making their own farm and paying people with a nice fee.
i thinks that was a very good idea! make coin alive and useful.
Can you set a poll in this topic? let's user decide .

thats crazy? thats the worst idea ever? turning Raiblock for a giveaway into an auction ICO (or am i missing something).

so from something of enormous potential straight to no more then the typical (illegal) ICO scam  

i gotta have misread?

Many people have pointed out to me that the faucet is a very complicated way to for people to purchase Mrai.  Payment goes to people who are willing to wait for and click the captcha and in return they get the faucet payout for the amount they want.

People have recommended that rather than having a complex system we should simplify the way this is distributed and I think their advice is good.

The simplest way to get these out to people is to auction them in lots which for year 1 on the distribution schedule is 475k per day.  I'll conduct and auction thread on the RaiBlocks forum which will stay open for 24 hours after which I'll accept the 7 highest bids, no matter how low, and will send them each 1 lot.

In the next couple days we'll be releasing an OpenCL GPU module which will address several people's needs who need to generate higher volumes of transactions.  We're also working on making an ad-clearing server library for web pages for people to try on their sites.

The auction is conducted in this thread:

As far as I know there is no formal exchange for Mrai but there is a trading thread

https://bitcointalksearch.org/topic/raiblocks-raiblocks-trading-thread-1422828

is this on a exchange

In fact he is worried about the captcha-miners dumping the coins, because they are not using then, and not because they are selling cheap,  also he told he was happy with the trading thread before the massive claims on the faucet.

We all want the faucet back but if you have follow the thread, you will notice the concern of the the DEV about the real use of his coin, he shutdown the faucet because captcha-miners are just dumping Mrai for BTC, at least that is what I understand from his posts.
Maybe we should focus in give this coin a real value, instead of the pump and dump value that almost all the altcoins have now, I mean I have some Mrai but I can't spend it on nothing else than the adblocker wich personally I don't need. If we could arrange a series of service that could be bought with Mrai, then the coin will begin to have real value.
For example my native language is Spanish, so I'm willing to do translations for X amount of Mrai, others can have other skills like web design, graphical design, programming, etc.
Jibble has made a great work with the trading thread maybe he can organize a services thread for Mrai where we can offer our services and get paid in Mrai. also we need to have the will to hold the earned Mrai and use it to buy another services, and not just dump them for BTC.

DEV if you want, I can translate to Spanish everything you need related to Mrai, the website, the wallet, even the wiki for free, so Mrai can be know by more people, if you don't mind I'll start with this ANN to post it on the Spanish section.


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Dont think dev is wondering about people that are selling coin mybe is proud that people are very interested to buy! ...otherwise he wouldnt be happy  when they did open trading thread, mybe is not happy that such good coin people will sell for such cheap price...and make some people huge profit! You know when some coin start to make good interest in many people, who got many bitcoin to invest will make huge profit! So we must stop selling mrai for cheap and keep till Dev will make new future! Sorry i am not against investor....do not misunderstand, just i would like to say to faucet people to start to give real value for Mrai. I got mine Mrai and now i really think to keep for long long time you never know, dev is doing great job!

Chill, it's not dev fault that the faucet exceeded it's daily limit

The same question over and over and the DEV already gave an answer.


We all want the faucet back but if you have follow the thread, you will notice the concern of the the DEV about the real use of his coin, he shutdown the faucet because captcha-miners are just dumping Mrai for BTC, at least that is what I understand from his posts.
Maybe we should focus in give this coin a real value, instead of the pump and dump value that almost all the altcoins have now, I mean I have some Mrai but I can't spend it on nothing else than the adblocker wich personally I don't need. If we could arrange a series of service that could be bought with Mrai, then the coin will begin to have real value.
For example my native language is Spanish, so I'm willing to do translations for X amount of Mrai, others can have other skills like web design, graphical design, programming, etc.
Jibble has made a great work with the trading thread maybe he can organize a services thread for Mrai where we can offer our services and get paid in Mrai. also we need to have the will to hold the earned Mrai and use it to buy another services, and not just dump them for BTC.

DEV if you want, I can translate to Spanish everything you need related to Mrai, the website, the wallet, even the wiki for free, so Mrai can be know by more people, if you don't mind I'll start with this ANN to post it on the Spanish section.

if you have any rai.

just drop to my address.

thanks.

It is 1 MRai per demo.
The faucet offers 200MRai per solved captcha...

So the demo needs to execute 200 times to actually be the equivalent of 1 solved captcha.

As I can see, the dev doesn't take any money.
So he created a beautiful coin (instant an free transactions) without being provided any compensation.
I hope the coins spent in the live demo actually go to him! Being rewarded for his work with some of his own coins seems totally legit!

The network went live on 1st of October 2015 (https://groups.google.com/forum/#!topic/raiblocks/3UIjRRQFqY4) and by march 2016 lass than 1.5% were distributed. 
* 1.5% in the first 6 month.
* 2.3% in the 7th month ... (steady growth)
--------
3.8% of coins distributed freely within 7 month 

Focusing on integration and stabilization is more important than quickly distributing all the faucet is capable of !?

can't keep from such temptation

We are all waiting.. Cmon dev say somehting!

Faucet still not working.
Dev what's up?

dev has to share us his plans. There are so many people waiting and it will not be continue like that. Everyone can loose their interests easily if they can not see what will happen

Same question all the time..

When faucet online babe..?

So te faucet will be off for how long?

I miss the faucet...was nice to have it around every other half hour to solve a captcha and see the wallet expand

Issue cleared. Where are these funds going? It seems to be a nice cut in the distribution. What are you going to do with the spent coins there?