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Topic: ARK - DPoS 🔹 ARK Protokol 🔹 MarketSquare 🔹 IPFS 🔹 Staking on Binance 🔹 - page 457. (Read 781309 times)

legendary
Activity: 1092
Merit: 1000
Well I guess we are not the only one seeing how unethically the misuse of ICO funds is.

Just out of curiosity, what is your opinion of Lisk Ico Funds being used for ByteBall distribution?

Personally I think it is fine since it is Btc that has been donated to Lisk and therefore their Btc.
hero member
Activity: 739
Merit: 500
Have you guys considered making a pact among your team to put aside like 10% of the Lisk forging rewards that each delegate makes towards Ark? You guys could be the first crypto to have an outside revenue source before you even begin, how cool would that be? Smiley
We are trying to make ARK as independent and well funded as possible. I'd raither not rely on members continusly funding the project if there are other methods, so I don't think members will be asked to pitch in nor will be making such outside agreements. (At least it's very unlikely at this time)

Instead we came up with several independent funding ideas.
One I mentioned is loaning out TEC backend with or without escrow services.
The other major one would be ArkShield, that'll hold 7% of all ARK at distribution. As far as I remember nobody every asked here what it ArkShield and what is it for, but basically it will be a professionaly managed fund with the goal to provide long term growth to the ARK Platform, form partnetships, diversify assets, invest and overall help ARKs with future funding.

That's all I can tell you about our plans for now, but let's just say we are not sitting idle, we are determined to see ARK succeed.


hero member
Activity: 933
Merit: 500
Have you guys considered making a pact among your team to put aside like 10% of the Lisk forging rewards that each delegate makes towards Ark? You guys could be the first crypto to have an outside revenue source before you even begin, how cool would that be? Smiley

sr. member
Activity: 294
Merit: 250
I missed so much about this. I have bought some coin when in TEC. What is the news here?

We are working with full steam to implement all the innovations we wanted before main net launch (new voting system, HD wallets, new algorithm for address generator, optimising core for better TX broadcasting, some changes to SmartBridge implementation for better security, ... ).

+ if you want to help you can with filling fields here: https://poloniex.com/coinRequest

here are top volume exchanges;
http://coinmarketcap.com/exchanges/volume/24-hour

it would be awesome if ARK could get into bitfinex or kraken.

It is impossible to list there right now. Your target should be poloniex first, poloniex is the best choice for altcoins.
sr. member
Activity: 523
Merit: 250
sr. member
Activity: 301
Merit: 250
In Crypto We Trust
I missed so much about this. I have bought some coin when in TEC. What is the news here?

We are working with full steam to implement all the innovations we wanted before main net launch (new voting system, HD wallets, new algorithm for address generator, optimising core for better TX broadcasting, some changes to SmartBridge implementation for better security, ... ).

+ if you want to help you can with filling fields here: https://poloniex.com/coinRequest

here are top volume exchanges;
http://coinmarketcap.com/exchanges/volume/24-hour

it would be awesome if ARK could get into bitfinex or kraken.
hero member
Activity: 1806
Merit: 515
I missed so much about this. I have bought some coin when in TEC. What is the news here?

We are working with full steam to implement all the innovations we wanted before main net launch (new voting system, HD wallets, new algorithm for address generator, optimising core for better TX broadcasting, some changes to SmartBridge implementation for better security, ... ).

+ if you want to help you can with filling fields here: https://poloniex.com/coinRequest
hero member
Activity: 3038
Merit: 617
I missed so much about this. I have bought some coin when in TEC. What is the news here?

Now so much yet but some flames since early days.
We're waiting for the main net to be live and distribution of ARKs. Maybe at the same time we could then trade if its listed on exchange.

sr. member
Activity: 251
Merit: 250
I missed so much about this. I have bought some coin when in TEC. What is the news here?
copper member
Activity: 1876
Merit: 533
hello canna i want to ask,
it looks like I won a sweeptakes reward, Cheesy for my reward claim purposes do I need to create a new tec account with a different email to receive this reward or do I simply put this reward into my tec investment account that already exist?

using the email address you won from, please send me the email address for your TEC account you already have.

I will update your account to reflect the bounty amount so you can withdraw it after mainnet launch.

[email protected]
it mean my own TEC account won't work to claim my sweepstakes bounties? actually I've joined sweep stakes with facebook and my facebook email is different..
do I need to create a new account? and is there still time to do so?
can you please ans me via PM? due to lots of spammy posts. your response may hide in back pages when I come back.
hero member
Activity: 518
Merit: 501
The last few pages were a rough ride gentlemen. Thanks for the adventure.
we do what we can  Cool 
full member
Activity: 180
Merit: 100
The last few pages were a rough ride gentlemen. Thanks for the adventure.
full member
Activity: 206
Merit: 100
research > buy on dip > and HODL
hello canna i want to ask,
it looks like I won a sweeptakes reward, Cheesy for my reward claim purposes do I need to create a new tec account with a different email to receive this reward or do I simply put this reward into my tec investment account that already exist?

using the email address you won from, please send me the email address for your TEC account you already have.

I will update your account to reflect the bounty amount so you can withdraw it after mainnet launch.

[email protected]

ok, thank you, I'll try to claim my reward,  Cheesy
hero member
Activity: 518
Merit: 501
hello canna i want to ask,
it looks like I won a sweeptakes reward, Cheesy for my reward claim purposes do I need to create a new tec account with a different email to receive this reward or do I simply put this reward into my tec investment account that already exist?

using the email address you won from, please send me the email address for your TEC account you already have.

I will update your account to reflect the bounty amount so you can withdraw it after mainnet launch.

[email protected]
full member
Activity: 206
Merit: 100
research > buy on dip > and HODL
hello canna i want to ask,
it looks like I won a sweeptakes reward, Cheesy for my reward claim purposes do I need to create a new tec account with a different email to receive this reward or do I simply put this reward into my tec investment account that already exist?
sr. member
Activity: 432
Merit: 250
Bitsyo has explained the situation very well. Ark tokens should not be confused with shares in an equity investment, such as voting shares in a company. They are use tokens to gain access to a network, and the Ark TEC was an exchange for these tokens. This is similar to a crowdfund for the presale of a product, like the Pebble Watch. Those who placed orders for the Pebble did not expect to be able to make demands on how the funds were used to produce the Pebble, or for transparency reports on how the funds were spent. Their sole interest was to receive their Pebbles according to the schedule and design specifications presented during the presale. Likewise, the primary obligation of the Ark Team is to deliver the product, a functioning network, according to the schedule and specifications announced in the exchange. Community updates on how the project is progressing, and even how the funding is used, are very good for public relations and keeping the community engaged, and we are providing them as developments warrant, but they should not be seen as something to be demanded as part of the conditions of the exchange.
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
Quote from: cannabanana
Nothing, just FUD.  You just want to attack me and ARK to try and preserve your vote by max and oliver.  It's obvious. 

You're becoming paranoid Canna... you know very well how much I enjoy teasing you time to time Wink

In fear of losing max/oliver votes, you stand down.  Such a hypocrite...


-tb-
sr. member
Activity: 350
Merit: 250
Quote from: cannabanana
Nothing, just FUD.  You just want to attack me and ARK to try and preserve your vote by max and oliver.  It's obvious. 

You're becoming paranoid Canna... you know very well how much I enjoy teasing you time to time Wink
hero member
Activity: 518
Merit: 501
Why are ARK TEC funds being used for ARK crew personal gain. Why can't they be used to up vote an ARK TEC Delegate for Lisk forging?

An ARK delegate with all forged Lisk reinvested in furthering ARK! Developers, marketing, smartbridging.. you name it.

Better that than lining individual's pockets.
Down with the Raiders of the Lost ARK!
Okay, let's try this from a different angle.
ARK doesn't have the funds to vote up delegates. Currently the minimum entry into 101 is 7m lisk, ARK hold 4.7m not even close to make any delegate active if that delegate doesn't already have a lot of votes.
And if an individual delegate already have millions in weight that is because they have been working on gaining in for months now, most 8-10 months. Do you think any of this individual would be willing to say, "I give up" just use my gathered weight to fund ARK. I don't think so.

So ARK delegates in Lisk are not happening. Period.

Try the flip side of that. An individual doesn't have enough funds to vote themselves up. Therefore you use the ARK TEC funds to do it.

Travesty.

Instead, Why don't you mandate that any individual who wishes to use ARK TEC for personal gain does it by lended their weight to the ARK TEC delegate and gets a return. Majority used to support ARK project.
 No? Makes too much sense!

Down with the Raiders of the Lost ARK!

lol mandate like a king?  You do know that crypto is about decentralization and people being able to take charge of their own decisions.  Not to be dictated like, well a dictator.

It's supporting ark, just depends on how you look at it.

Weak.

bet you 5 bucks you're a bitbanksy sockpuppet lol

Would that be 5 bucks you forged using misappropriated ARK TEC funds Canna?

Down with the Raiders of the Lost ARK.
Here's for an ARK TEC Delegate for Lisk forging!


Oh now I know for sure.

this is from the german board:

Gevotet vom Ark-ICO Account
thepool • traderbill • techbytes • doweig • cad789 • cannabananadelegate • idealisk • bitseed
https://explorer.lisk.4miners.net/address/9569486828221897676L

i can not translate the article.... but it says something like the named persons have been voted from the ark-ico account.



Well I guess we are not the only one seeing how unethically the misuse of ICO funds is.
haha all it takes is one downvote from max or oliver and you are not forging anymore.  Wonder if that has anything to do with constant shilling from bitbanksy?  



Per the original direction of Lisk management, it was recommended that those interested in becoming delegates for Lisk solicit votes by offering to use the forging rewards on Lisk related projects. Ark was founded to be able to run as a blockchain which can be bridged to Lisk and operate as a blockchain application with Lisk, so Lisk developers would have access to the blockchains bridged to Ark and Ark developers would have access to the Lisk blockchain applications, so it qualifies as such a project. Since there are very few salaried positions with Ark, and the current budget is under $15,000 USD per month, the use of Lisk forging positions as alternate compensation to develop a Lisk related project allows the current funding level to last much longer, and to have the cash on hand for hiring additional developers as blockchain qualified candidates to fill as needs and opportunity arise, to pay for other operating expenses, and for marketing when mainnet is released.

The current operation of Ark is completely within the guidelines originally presented by Lisk management.

 ..."the use of Lisk forging positions as alternate compensation to develop a Lisk related project allows the current funding level to last much longer, and to have the cash on hand for hiring additional developers as blockchain qualified candidates to fill as needs and opportunity arise, to pay for other operating expenses, and for marketing when mainnet is released."

Well this sounds like the way forward. Much fairer! But how can this arrangement be formalized to prevent individual profit taking and encourage ARK Crew delegates to use forged Lisk in the ways you have described?

we don't have to explain or even do what you are asking.

And that's probably why ARK didn't reached its target Canna... Because guys like you don't want to explain anything and interpret any question or criticism as a personal attack against you.
I mean what are you even trying to accomplish here?

Nothing, just FUD.  You just want to attack me and ARK to try and preserve your vote by max and oliver.  It's obvious. 
legendary
Activity: 1694
Merit: 1054
Point. Click. Blockchain
Why are ARK TEC funds being used for ARK crew personal gain. Why can't they be used to up vote an ARK TEC Delegate for Lisk forging?

An ARK delegate with all forged Lisk reinvested in furthering ARK! Developers, marketing, smartbridging.. you name it.

Better that than lining individual's pockets.
Down with the Raiders of the Lost ARK!
Okay, let's try this from a different angle.
ARK doesn't have the funds to vote up delegates. Currently the minimum entry into 101 is 7m lisk, ARK hold 4.7m not even close to make any delegate active if that delegate doesn't already have a lot of votes.
And if an individual delegate already have millions in weight that is because they have been working on gaining in for months now, most 8-10 months. Do you think any of this individual would be willing to say, "I give up" just use my gathered weight to fund ARK. I don't think so.

So ARK delegates in Lisk are not happening. Period.

Try the flip side of that. An individual doesn't have enough funds to vote themselves up. Therefore you use the ARK TEC funds to do it.

Travesty.

Instead, Why don't you mandate that any individual who wishes to use ARK TEC for personal gain does it by lended their weight to the ARK TEC delegate and gets a return. Majority used to support ARK project.
 No? Makes too much sense!

Down with the Raiders of the Lost ARK!

lol mandate like a king?  You do know that crypto is about decentralization and people being able to take charge of their own decisions.  Not to be dictated like, well a dictator.

It's supporting ark, just depends on how you look at it.

Weak.

bet you 5 bucks you're a bitbanksy sockpuppet lol

Would that be 5 bucks you forged using misappropriated ARK TEC funds Canna?

Down with the Raiders of the Lost ARK.
Here's for an ARK TEC Delegate for Lisk forging!


Oh now I know for sure.

this is from the german board:

Gevotet vom Ark-ICO Account
thepool • traderbill • techbytes • doweig • cad789 • cannabananadelegate • idealisk • bitseed
https://explorer.lisk.4miners.net/address/9569486828221897676L

i can not translate the article.... but it says something like the named persons have been voted from the ark-ico account.



Well I guess we are not the only one seeing how unethically the misuse of ICO funds is.


Bitbanksy, you are the only delegate I know who contributes nothing to Lisk and yet have both Max and Oliver votes and are here constantly bashing ARK.  Hmmmm...


-tb-
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