Topic: I/O Coin - Ticker: IOC - Stealth Blockchain Ecosystem - Dions - Chameleon - page 135. (Read 719255 times)

Hi there,

We all know the technical team is pretty busy in finishing up DIONS.

DIONS brings us much greatness in the future. Not only we are able to store data in de blockchain, we also get to have a whole new HTML5 wallet with loads of features in it.
Continues development. Currently the technical team is setting up a full blown testnet to test DIONS, messaging and all other features thoroughly. We are getting there!
Next to that we have divided the workload between multiple developers so we can also start on finishing up Chameleon which will bring us the sidechain technology.
Soon you will get a good update on technical developments.

About my focus on the I/O Digital team;

As many of you know i run a business in the Netherlands and have a lot of experience in "creating business".
I started at I/O Digital to help grow the technology, find interested adopters / investors and think of ways to achieve our overall goals: adoption and usage.
With this in mind we have had many conversations with genuine technology investors and even initiatives that are willing to connect to our chain when DIONS is released.
So we could say that somewhere after DIONS release we - probably will have - a launching adopter. Details still in the making, but it all looks pretty good.

Next to that we also have the community on our screen. Some time ago we launched iocoinhub.io and some other initiatives like the gift feature. In the development phase of DIONS we have thought of ways in incentivizing the community and especially the stakers more. You probably know the idea of giving the collected fees, needed for storing data in the IOC chain, back to the stakers.
So the more businesses we connect, the more data they store, the more fees you collect (above the normal stake $).

We have a lot of ideas left to make it even nicer to be part of the I/O Digital community / project.
Its not only about receiving IOC for the stake as a "thank you" but we are also looking at possibilities to give loyal IOC stakers / holders some kind of vote mechanism.
This has also something to do with the creation of a real life I/O Digital business with shareholders / participants. See below.

We are checking all sorts possibilities to make I/O Digital a real company with real shareholders / participants. Due to all legislation we are seeking the best opportunity and way to do so.
We are talking to many advisors about this. In this way we can attract official investors to invest into the technology and company. This gives us much more traction and breathing space. It will also secure some future ideas we have.

If we attract companies that would like to invest into I/O Digital, then there is not only the technology which we can fund, but also marketing. As you can imagine and understand we currently are spending our own $ and will do that on the development of technology. Marketing, branding and PR is second for us now.
We still managed to launch I/O Digital this year and will focus on that brand as a corporate structure. The minor PR we already did was pretty good though. So we expect a lot of good PR in the future.

Our (rough and not yet decided) idea is that a board of directors will then decide what I/O Digital is going to develop with the external investments. Not only the board will have their vote. The stakers will also get some kind of vote into the direction we will then take. Again, this is all into consideration and takes time. But it is our strong believe that making I/O Digital a legit entity will give us more backing and overall trust.

Its all about a story of the chicken and the egg. We first need the live and working technology in order to attract external businesses and investors. Yes, we are talking to them, but it makes it a lot easier if we have some things to show for. Thats why we push hard internally.

This is how we work. No smooth stories and get millions of external $ to develop. We develop and deliver.
We show what we are capable of and get the attention when we have something to show for.

We are here to create technology and do whatever we can to help businesses adopt our blockchain and create success together.

I would like to personally thank you all in backing this project. Your thoughts are always appreciated.
We have a small core team and maybe a small community, but the people that are still with us have big hearts. Thank you for that.

If you have any questions, please send an e-mail to [email protected] or contact me through the known channels.

Cheers
Richard

Just checking in, We are working folks, we are Working...   Will give an update in a few days.

Thanks

Joel

attack is different from stating an opinion mate.

and if you guys didnt make a big deal out of it should have been forgotten already but because you guys kept talking about it
the topic is still active now.

anyway just stop talking about it for a win win situation

Simon,

Why are you always starting controversy? In the time since first speaking with you, it has been 85% controversy, blaming and negative talk coming from you about everything. Why can't people trade how they want, when they want, with who they want? Why can't people use services offered on the internet? Everything is drama and negative. Something you praise one minute, is a POS the next. Where has any of this gotten you? I doubt it has gotten you anything lasting monetarily. I've sat back and watched and listened for a while now. You are a plague on the internet. Anyone who wants to move, buy, sell, trade crypto or fiat is responsible for using this thing called Google to research. After that, it's on them if they make money or lose it.

wow. in defense for iopromotions.
why do you guys dont understand his point? it is so simple.
even i, think who uses shapeshift is plain stupid.

WHY WOULD YOU SELL IO for 30% LESS PRICE in SHAPESHIFT if you CAN SELL IT IN BITTREX without having to sacrifice that 30%?
that was just his opinion and to you guys who are defending shapeshift. if you really think he is wrong then man up sell me IO at 3200 sat per IO
because you say selling on shapeshift is not stupid even the exchange rate is 1 io = 0.00002998 btc

wow just plain wow.

it was so simple and it even lead to selling on ebay and looking for other websites to even running a business.

Isn't shape shift is more anonymous way of buying and selling, so maybe premium is for that.
buy price is not that out of wack..only sell price.
maybe premium for bit license so they can open in ny

Like polo and cryptsy. You blame them as well for having a spread in the orderbook?
Sometimes if you want to market buy there is a spread of 10-20% as well. And they even charge you a 0.2% for buying or selling.

I sold some BTC a few days back for euro's using a dutch service for that. They charged 25 euro's for it. Is that too much?
Not to my standards because they have the exchange risk, legal stuff and administration. So im fine with that.

I got your point. Just not sharing it with you.

Wow, thats terrible way of looking at things considering you run a business.

You can't even compare the two at all, not in the slightest.

The only way you can compare the two would be this way.

When i get paid, i would then add 30% on the final sales price.

Shapeshift work the other way, they simply give a customer 30% less than what anyone could get for it else where.

Like Poloniex or cryptsy.

You sell Vintage clothes on Ebay right? You probably earn just one $ on selling an item if you look at your businesses that way.
You can't live on that i guess so you probably have around 20-30% between the buy and sell price right? They need to check other stores on the internet to see if they are cheaper. That is the customers responsibility. Just like using shapeshift. I am just glad these services are actually existing.
A glass is half full. or half empty like always?

So your advice is not to buy any of the clothing you are selling. Good advice.
Its all about demand versus offer and making money so your company can exist.

oh, and agree with the iocpromotiontips remark.

Cheers and have a nice weekend

Richard

I was merely trying to warn people about thinking twice when using a service like this.

Seriously, 30% price difference is massive, there are many poor unsuspecting people in the world and the way i see it, these companies take advantage.  

I am sure i am not the only one with these views either.  As somebody who wants people to get the BEST deals, then i will warn people if they are not getting a good deal.


Just like i would praise anyone offering Great deals.

It would be nice to see services offer better rates and compete with exchanges.

How many people here would be happy if they went to the bank, changed $10 and only got $7 back.  Its the same thing.

See staking has gone down a lot. Thats because i have sold half of what i had and will be selling the rest from now till end of the year.

Hey guys,

Hope you all had a good week. Now its (almost) time for the weekend.
Have a nice weekend and thanks all for sticking with us and keep it positive.
That gives us a lot of energy.

Creating history takes time because we have to create the future first. ;-)

Cheers,
Richard

Thank You shapeshift for great add. Im looking forward for you guys to see and implement ioc with DIONS soon... Thanks again

Its kind of tough to get this constant negativity, maybe you should consider changing your ioc promoting pseudo name since it does not reflect the views of our team. Please this is enough. We are being looked at by serious people, there is allot of hard work being done and this kind of attitude doesn't help our community.

Really?  So you think it is a "respectable Business" to give people 30% less than market value.

Because i dont.  I see it as ripping people off.  End of story.

But, EVERYONE is entitled to their view.

Have a nice day.

I seriously don't get you, how can you be this rude about a respectable business that has managed to raise millions of dollars over the last couple of months. It's mainly used to exchange small amounts of currency (around 0.02 to 0.03 btc the last time I checked). I don't think that warrants calling its users "stupid" nor the does it make the exchange "shifty" and a "rip off". Your username is misleading by the way, as the kind of tips you have been giving recently definitely don't bring IOcoin any positive promotion whatsoever. Thank you ShapeShift for your update

To be fair, anyone using Shapeshift is completely stupid.

always terrible rates, Right now IOC is trading at a average price of 4500 Sats

If you sell on Shapeshift right now, they will give you the appalling rate of 2988 Sats

A massive Loss of 30% exchange value.   

I would advise anyone to stay well clear of these ripp of merchants,  should be called ShapeShifty  !

If anyone here wants to sell IOC make a post here and get a much better rate.

ShapeShift has added a buy/sell feature to the real time market data website CoinCap.io! You can now buy or sell I/O Coin straight from the market data website. Learn more about this here: http://bit.ly/1UVFZ7m

Wrong infographic: https://bitcointalksearch.org/topic/m.10467464 lol

Just taking a quick look at the first page and top image it says

"2% Constant Intrest"  
So it should be a case of when ever you are staking you get 2%.

To be honest, staking rewards is a bit of a mystery there are several variables, the number (percentage) of people staking will also determine  your chances of getting stake rewards, the higher the percentage, the more people staking, the less likely you are to get  the reward.

Staking reward system for ALL POS coins is plain overcomplicated and hard to understand.

I/O Coin should work on this fact and be the First coin to make rewards much more simplified.

So for now.
 The only way to work things out is to stake daily.
 Record the number of hours each day.

Then in your wallet, Transaction Tab.
second drop down menu, select MINED.

And note down how many coins you got for that day.

See what you have over the week.

Rinse and repeat, then in 4 weeks Add up the total hours
Divide this by the total coins received
and  you will have a very good idea of how many coins you will get per day (24hrs).

Also, when it comes to staking, extra coins are simply a bonus, the most important reason for staking is to secure the network.

sorry i have a follow up question. haha this coin says it has 2% interest rate? what is that annual interest? if so, is it fixed even if you dont stake 24/7?
like scenario 1 you stake 24/7 you get 2% a year
scenario 2 you just stake whenever you want and you still get 2% a year or if you just stake whenever you want you will get less of 2%
scenario 3 you get more than 2% if you stake 24/7?