Topic: [DVC]DevCoin - Official Thread - Moderated - page 25. (Read 1059157 times)

The 14 GFC shares are in a "DeVCoin Foundation" account on HORIZON, NHZ-M58F-Y78J-4DA6-75UUA

The "DVC Holdings" account on HORIZON, NHZ-YC2W-ZDCP-NS4G-4CEGK, is the "treasury" the Galactic Milieu uses to compute the value of a DeVCoin.

The current relative values of other things in terms of DeVCoins is at http://galaxies.mygamesonline.org/latestrates.inc

Other tables of values are linked to menu at http://galaxies.mygamesonline.org/digitalisassets.html including historical values from previous "Latest Rates include file"s.

Lists of assets on HORIZON and STELLAR platforms are at http://makemoney.knotwork.com/

It is worth mentioning that the "treasuries" are not comprehensive collections of all of a currency's assets; they typically also have at least one "slush fund" if only as a place to keep any of their own coin they have on hand, and many also have units of the abstract economy units used in the Galactic Milieu as abstractions of small, medium and large businesses.

Plus of course the GHC asset, General Hosting Corp aka General Holding Corp, can only be held by FreeCiv civilisations so is not implemented as assets on HORIZON nor STELLAR but nonetheless is added into the treasuries for purposes of the value calculations. DVC will need some of those in order to start up a FreeCiv civilisation as not only do you have to be a civilisation to hold them you also have to hold them to become a civilisation. The ideal is that you hold enough of them that their increase in value as you pay civilisation-hosting fees offsets those fees so that they hopefully amount more to a kind of savings, saved within the value of the GHC shares you hold, than an actual fee in effect. Although as and when GHC does incur hostings costs those will eat slightly into the accumulated funds, it is expected the value will grow for some time since the fees are based on the idea we will eventually have total immersion 3-D virtual reality representations of all the civilisations so the fees are intended to be enough to represent all the "square miles" your civilisation controls according to FreeCiv in something along the lines of Open Simulator or other free open source virtual-reality system.

Basically you ideally want to own at least as large a fraction of GHC's shares as you control of the total "square miles" controlled by civilisations on all the FreeCiv planets.

The steps from FreeCiv scale maps to immersive virtual reality are intended to include Crossfire RPG maps of FreeCiv tiles that contain cities or units first, then eventually Crossfire RPG (2-D tiles on individual-character scale) of entire FreeCiv planets, then some kind of terrain drawing algoritmm to make 3-D immersive versions of all that Crossfire RPG territory.

Last time I checked the civilisation hosting only amounted to maybe about (monthly in real Earth-months) CAD$3.50 for a single-city initial civilisation up to over CAD$14000 for a large civilisation such as the Brits of the planet known as B29 or the Canucks of the planet C29. So it can get quite expensive for large civilisations which is part of giving them incentives to be active in the Crossfire RPG and CoffeeMUD MUD layers to help exploit their territory more fully.

-MarkM-

P.S. Also there is a handy tool online for calculating stuff from the Latest Rates data: https://latestrates.traxo.me/

I'm pleased to announce that today the Devcoin Foundation (DF) went to a happy agreement with @knotwork (MarkM) for investing on the Galactic Milieu.

For the record, we had a public discussion regarding what is the best use for the Devcoin coins being accumulated in the OpenSource Fund, Exchange Fund and friends. The chosen proposal is to invest the funds, rather than just holding, "burning" coins, or destroying tokens. The new strategy is to keep sell orders just high enough to influence an up trend market demand for DVC tokens on the Stellar DEX. Also, we are releasing new tokens on-demand, not at fixed amounts on schedule as the Devcoin blockchain does. All with the beauty of transparency! You can now track offers, buys, sells and other DF operations on stellar platform.

This is the actual deal with MarkM:

The DF buys 48223405.9792109 Devcoin stellar tokens (DVC tokens) and 14 General Financial Corp shares (GFC in HORIZON), all for 100'000'000.00 (100 million) Devcoin coins (DVC coins) plus 1664.00 DVC coins in transaction fees. Paid with Devcoin coins from the Exchange Fund.

NOTE: MarkM increased total supply of DVC tokens from 100 million to 150 million.

- Devcoin blockchain transactions: a3849df12e82b0343b3ce30f6a6be5a0e5985fdd9002609ff8a98fd2c9fd34ea, 177fbde2946205aac072664ac2fe439a63e5e45e44962825415efd740842fd9d, 208d38d8e75644b194efa548a9608fa5f763190b127c37e489bdfd4b89e30e43 and 947bb6c0a291ca5deb44d4b28da5a8bc82a9e11963704e2d2e2ea4b7312600ba
- Stellar blockchain operations:  130857916818341889 and 130858415034560513
- Horizon blockchain transactions: (pending)

The challenge now is to heat up the Stellar DEX with decent trading volume! Something we can only achieve as a community, as a team.

Go go Devcoin!

- develCuy

Done develCuy! 

Please help with a retweet: https://twitter.com/TheDevcoin/status/1278563459924459521

Oh i see, i think it is not because it was censored but the market of DevCoin is definitely dead or CMC has no record of trade for this coin for long time ago, But as far as i know if one's coin has no trading volume for long CMC delisted it in their system.

Thanks, why censored?  Plenty of low volume coins aren’t hidden.  Odd. 

It’s “them”.  :/

We need EDD back ASAP. 

It's there, but censored: 
https://coinmarketcap.com/currencies/devcoin/

But why DevCoin didn't shows up in CMC? when i search the name ticker of this coin nothing happen, the Deviant coin pops up, I wish the dev team soon relive this project, we need to support this project because i considered it as one of pioneer in alts world.

I made a how-to for #1. Step-by-step and another followup on Steemit on exchanging those dDVC tokens for DVC with markm.

https://steemit.com/devcoin/@satoshi0x/how-to-buy-sell-dvc-using-stellar
https://steemit.com/devtome/@satoshi0x/part-two-exchanging-your-dvc-tokens-on-stellar-for-blockchain-dvc-coins

Just to have definitions documented somewhere and for later reference:

1. Devcoin token: An asset issued by @knotwork on the Stellar platform: https://bitcointalksearch.org/topic/m.35842820
2. Devcoin coin: The original Devcoin, fork of Bitcoin with own blockchain and wallet
3. Devcoin tokens are backed 1:1 by Devcoin coins: https://peakd.com/devcoin/@satoshi0x/how-to-buy-sell-dvc-using-stellar
4. "Burning" coins (note the quotes), as inherited from Bitcoin, there is no way to really burn Devcoin coins, there are only workarounds: https://medium.com/@alcio/how-to-destroy-bitcoins-255bb6f2142e
5. Strategy for releasing Devcoin tokens:

- develCuy

@ranlo, I already answered your question before.

DevCoin has a cap way higher than 100m.How could existing coins be burned when some people own hundreds of millions of DevCoins?Would that not in effect be theft and a criminal offence? Excuse my ignorance on the matter but can you please elaborate?

Does this mean DVC now has a cap of 100m and existing coins should be burned, or how does it work in terms of getting our existing tokens on to the Stellar network?

Announcement of trading markets for the Devcoin token on Stellar DEX:

https://peakd.com/hive-152825/@devcoin/active-markets-for-trading-devcoin-token

https://steempeak.com/hive-152825/@devcoin/active-markets-for-trading-devcoin-token

Go go Devcoin!

- develCuy

Wish upon a star.  And join the telegram room - they also have have a telegram casino room they’re working on. 

I didn't see this coin on CMC, what the heck for the coin who are develop since 2013 are now faded away and forgotten, in a first look I just thought that it was a Deviant coin, i know this coin because i bought in the first appearance in the market. I wish this coin will recover and circulate again in the market.

Hey there!

We have been waiting for the STEEM/HIVE situation to settle for some time but I still did some work to explore investment opportunities for the Devcoin Foundation (DF). As a reminder, we have the DevSTEEM project receiving ongoing shares since round 83 (25 rounds or ~2 years). Let's see what we have so far:

DevSTEEM assets

We have two @devcoin and @devtome accounts owned by the DF and the cooperation of @dropahead in both STEEM and HIVE. In other words, we have 6 accounts to help us raise funds. DF's STEEM & HIVE accounts have a net worth of $380 USD as of today May 25th, 2020.

There are other kind of assets. The 6 accounts sum up ~6500 followers and dropahead is contributing 400 subscribers that can trigger 20k STEEM POWER and 20k HIVE POWER of upvotes. This time the numbers seem bigger but they can only generate up to $0.30 USD per post and we can only have dropahead help about 1 or 2 times per day.

Building up Devcoin buy side in the markets

At end of day, the DF should buy Devcoins in the markets (whether via Stellar tokens or Freiexchange). So we still have the opportunity to generate income for the DF. What can we do as a community?

Collaborating with the DF by writing!

There is a functionality in steempeak.com (STEEM) and peakd.com (HIVE) that allows to split generated earnings from a post or comment. The button: "Add benefiaries" brings a pop up where one can type the username: devcoin and hit the + button to set the % to contribute. The deal is that @dropahead will release a generous amount of upvotes to posts/comments with "devcoin" as beneficiary, as long as the share is 50% or more for @devcoin. I'll setup some automation for this process but we should start somewhere, so you claim your free upvotes here: https://discord.io/devcoin. I recommend you to add the tag "devcoin" to your posts so that we can find it faster.

As an example, I'm posting this same writing to my personal STEEM & HIVE accounts (find me as @develcuy).

"Community" feature in STEEM & HIVE

Someone said somewhere: "If I only would get paid a cent for every forum post of my own..." OK you can now make it for real. STEEM & HIVE have a "community" feature, that works similar to forums, with the added functionality of content curation and monetization. I kindly invite you there to continue our discussions about Devcoin:

https://peakd.com/c/hive-152825/
https://steempeak.com/c/hive-152825/

Go go Devcoin!

- develCuy

Cross-posted to STEEM: https://steempeak.com/hive-152825/@develcuy/building-up-devcoin-buy-side-with-our-steem-hive-power-as-a-community
Cross-posted to HIVE: https://peakd.com/hive-152825/@develcuy/building-up-devcoin-buy-side-with-our-steem-hive-power-as-a-community

<3 I sent it back. I am not worthy

There’s some merits for that post, brother.  Keep it reel. 

I would send merit if I had it. I'd send all of it. THANK YOU. I will try to test the 64 bit for Windows. I currently use 32 bit v 0.8.5.1-(something beta)... technically above 0.8.5.0

This is great!

Edit: Is there a compiled version for download to Windows? No idea how to successfully do so on Ubuntu and then get over to my Windows 10 PC... (I tried before I suck at such things). As in - is there a link like the one on Devcoin.org to download a Windows version?

NVM...

answered my own ? here (https://github.com/devcoin/core/issues/80#issuecomment-647188204)

I suppose once that is out I will run something other than 0.8.5.1 (I still get 5 connections)