Topic: Elrond | 1000x Throughput | 6000+ Merchants Accepted - page 2. (Read 15158 times)

Agree with all your points.

The most important advantage we have is that our technology is very compelling once released. In a market full of empty promises, shipping what we proposed will be an extraordinary feat. We are very close to doing that already.

The funds we will gather will be used to speed up and expand our global presence, but momentum is growing steadily.

If dapps would have a platofrm offering a 1000x improvement in fundamental architecture efficiency today, most of them would migrate instantly.

Still we recognize distribution is also critical for elrond to truly take off. That's why we're working hard on relevant partnerships that will add real utility to our ecosystem. We will continue to announce some of them which are quite exciting.

One more thing: there is also a surprise product we are working on, adding a significant edge to our distribution strategy. But more on that later 

Thanks for the answers. As @nizamcc also said, it will not be easy to succeed. But you seem to be on the right track, especially if you focus on such partnerships. Another tough step would be the expansion in other countries. Good luck!

Maybe your project is promising. But it will be very difficult for you to conduct competitive activities in a crowded market with the same projects. You will need a large infusion of funds into advertising, a large infusion of funds into developers. It's complicated. But I will monitor your progress.

These are just a number of online publications where the strategic partnership between Elrond and NETOPIA payments is featured.


Start-up.ro : https://start-up.ro/netopia-si-elrond-parteneriat-blockchain-pentru-o-noua-criptomoneda/

Forbes: https://www.forbes.ro/netopia-payments-este-cel-mai-mare-procesator-de-plati-electronice-de-pe-piata-locala-va-incheia-un-parteneriat-cu-startup-ul-romanesc-elrond-131383

Revistabiz: https://www.revistabiz.ro/disruptie-made-in-romania/

Business magazin: https://www.businessmagazin.ro/actualitate/netopia-payments-anunta-parteneriatul-cu-elrond-startup-ul-romanesc-care-dezvolta-un-nou-blockchain-si-o-noua-criptomoneda-17790211

ZF: https://www.zf.ro/business-hi-tech/netopia-a-incheiat-un-parteneriat-cu-elrond-startup-ul-romanesc-care-dezvolta-un-nou-blockchain-si-o-noua-criptomoneda-17789309

GoanadupaBitcoin: https://goanadupabitcoin.ro/bitcoin-romania/elrond-anunta-parteneriat/

nocash: https://www.nocash.info.ro/companiile-romanesti-testeaza-blockchain-pe-zona-de-plati-netopia-payments-si-startup-ul-elrond-vor-lansa-o-noua-criptomoneda-in-2019/

Orange.ro : https://www.orange.ro/info/news/zf/article/2798746

Startupcafe.ro : https://www.startupcafe.ro/afaceri/magazine-online-netopia-vand-criptomonede.htm

Pescurt.ro : http://pescurt.ro/stiri-economie/netopia-payments-anunta-parteneriatul-cu-elrond,-startup-ul-romanesc-care-dezvolta-un-nou-blockchain-si-o-noua-criptomoneda_18-12-2018_13762045

ultimele striri.eu: https://www.ultimele-stiri.eu/articol/netopia-payments-anunta-parteneriatul-cu-elrond-un-nou-startup-romanesc/4840431

ziar.com: https://www.ziar.com/news=11951836

economie.hotnews.ro: https://economie.hotnews.ro/stiri-it-22873291-magazinele-online-care-folosesc-netopia-vor-putea-vinde-criptomonede.htm#self

New medium post just out: Is Ethereum 2.0 overlooking communication costs?  

"While reviewing Ethereum 2.0’s available documentation, some unaddressed issues and limitations became obvious. This article examines Serenity’s design rationale, highlights some of the identified issues, offers solutions, and in the end contrasts them with our approach at Elrond."

Good questions.

Here is the most important part of the announcement highlighted:
"Elrond and NETOPIA aim to jointly explore the potential of integrating Elrond’s token, ERD, into the NETOPIA payment platform allowing their merchants to offer on their turn to their users and clients the possibility to acquire products and services through ERD tokens as well.

This will also mean that 6,000+ merchants who are using the NETOPIA solutions will be able to accept ERD cryptocurrency overnight, with no development or operational costs on their part."

For reference about Netopia:
"NETOPIA is the biggest electronic payment processor in Romania, expecting to process in 2018 more than 13 million digital transactions with a total value of around $400 Million."

So to answer your questions:
1. This partnership will bring over 6000 online stores where Elrond will be accepted. Lots of other stores and means of using Elrond will come to add on this and will be announced as we advance.
2. There will not be any fee on the development or integration side for the merchants accepting Elrond. I suspect the standard fee will apply for Elrond at first.
3. Definitely. We are already working on this, and will make announcements as conclude discussions with some of the exchanges. The important part is for us to launch the tech, listings will come with that.
4. Payment utility should go live as soon as we launch the token. We expect this to happen sometime in Q1 2019. We're working hard to reach these targets.

I know it's a bit late, but I've just read about this on another newspaper and I have some questions:
1. Netopia already offers Bitcoin payment at a couple of online stores (PC Garage, evoMag, ..) but they are not that many. Will ERD payment be available at a bigger number of online stores?
2. Netopia has quite a fee for Bitcoin payments (inflated price when seen in Bitcoin). Will indeed be no fee for ERD, or I've misunderstood something?
3. Will ERD be available on a bigger number of exchanges?
4. When is all this payment thing planned to go live?

There are lot of industry experts as advisors has been attracted in this project. The project is also composed of strong technical team to reach its milestone. Elrond has also professionally crafted and visually pleasant marketing materials, including its pitch deck. Community support in social media is pretty good with 10.6k Telegram members and 1.2k Twitter followers.

Elrond’s Design Rationale

Know your enemies, your weaknesses so you can counteract, and you shall prevail during byzantine behavior: https://medium.com/elrondnetwork/elronds-design-rationale-12eb194bf485

Glad to have you here.

Q1: Our internal target is that the testnet should be launched sometime around Christmas but there's still lots of work to be done.
Q2: In our prototype, we have run tests with 200 nodes, so in the testnet we intend to scale this considerably. However, we'll have to see how this works in the first release, or if we'll do this only with the second release.
Q3: The precise number has not been decided yet, but we will probably post some of the simulations around the testnet launch to receive some feedback on them.
Q4: Do you mean technical documentation?
Q5: We are discussing some really interesting ideas and should also post some notes on this around the testnet launch. The idea is to create a wider distribution, departing a bit from the simple ICO distribution, to create a way for real supporters to join during the bootstrapping phase even without investing direct money. This will most likely be a combination of several distribution methods.

Hello there, I like your project and would like to get in contact.

Meanwhile I have some questions and hope that you can clear them out for me.
In regard to your Testnet, do you have an estimated time for launch? and what is the desired number of nodes to be achieved in order to show(case) Elrond’s potential for scalability? How many coins are needed for staking? Do you have any documents for testnet? Details on token distribution?

Again, great job, looking forward to seeing more about this project's development.

Thanks for the interest. We are currently preparing for a private seed round and will make some announcements regarding token distribution in December.

Sounds like a very interesting project after reading through your website, whitepapers, blogs.  Particularly like the Team behind this project, and the vision.  I understand there won't be an "ICO", what method could I use to become an investor in this project?

Some perspective on differentiation with other large public blockchains.

More information about this can be found in our paper.

Thanks for the info. Some of those seem like bad quality filters.

Hi guys. I found Elrond project on a website that publishes ratings from popular experts: https://topexperts.io/ico/elrond-network
There is a common 5.45/10 score from 13 experts

Useful list of our latest posts:

• YABP (Yet Another Blockchain Primer)
• The Elrond Fellowship — Ambassador Program
• Elrond technical progress update — some talk about it, we build it #3
• Partnership Announcement — Elrond Initiates Cooperation With Leading Payment Provider NETOPIA Payments
  

Thanks for the offer. Will contact you when the time comes.

We've just published our first relevant partnership.

Elrond Initiates Cooperation With Leading Payment Provider NETOPIA Payments: https://medium.com/elrondnetwork/partnership-announcement-elrond-initiates-cooperation-with-leading-payment-provider-netopia-223e7c9217b5