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Topic: [KTK] KryptKoin > [PHR] Phore: check new ANN - page 91. (Read 413590 times)

member
Activity: 116
Merit: 10
cannot connect here too... and we expect to have a market place with non working wallet??
hero member
Activity: 1022
Merit: 1000
Wallet is not synching at all... Having connections.. But stops downloading for ages.

Leave it a while, mine does it every now and again, mine is currently synced and staking  Smiley
hero member
Activity: 784
Merit: 1000
Pools Of Honor
Wallet is not synching at all... Having connections.. But stops downloading for ages.
hero member
Activity: 826
Merit: 500
Some nice buying going on today. Up to 300 SAT.
hero member
Activity: 1022
Merit: 1000
welcome to the KTK forum you guys.

Great to see other coins wanting to be part of the KTK market place
hero member
Activity: 784
Merit: 1000
Pools Of Honor
Hi - Will you consider adding WeAreSatoshi (WSX) to your marketplace (Got the tweet and RT'd)? Thanks,

https://bitcointalksearch.org/topic/annwsxwearesatoshix11pospowest-2014low-capactive-development-mn-724727

yeap i want it too!
legendary
Activity: 1404
Merit: 1001
Hi - Will you consider adding WeAreSatoshi (WSX) to your marketplace (Got the tweet and RT'd)? Thanks,

https://bitcointalksearch.org/topic/annwsxwearesatoshix11pospowest-2014low-capactive-development-mn-724727
legendary
Activity: 1148
Merit: 1000
I ❤ www.LuckyB.it!

Just made few tweets on twitter i suggest to everyone to do the same, make atleast 2 tweets daily about #KryptKoin aka #KTK marketplace. This will help KryptKoin to grow, because MP is about to launch and it is right time for some advertisement Smiley

https://twitter.com/vineetsonkar/status/513896500678516737

https://twitter.com/vineetsonkar/status/513895641999630336

please retweet and spread Smiley

hero member
Activity: 976
Merit: 534
All details on the profit share registration will be posted here once ready.

can i register by giving my ktk wallet adres?


Register address(es) which are holding KTK in the wallet to receive profit share on the MP revenue.

Register wher and what? can you explain more please
legendary
Activity: 1596
Merit: 1010
full member
Activity: 212
Merit: 104
Marketplace Update

Okay, just to post details about the % profit share to KTK holders. Please discuss and give any opinion you may have.

Taking the money supply into account (approx 17M), a total of 20.4% on all profits generated will be given to KTK holders.

That means, vendor sales fees, any products created/owned by the MP, advertising (banner ads) and any other ways to generate revenue.

Initially the profit share is calculated based on:

10000 KTK = 0.012% (taking into account the full 17M)

The minimum KTK holding is 30K and the maximum is 1M, that would give a profit share of 0.036% and 1.2% respectively.


Once the MP is live, can then look at how much KTK is on exchanges and not eligible to receive any profit share. So the % will go up based on just the KTK being held in wallets.

Anyone who would like to take part in the profit share will register their address, and then it can be tracked.

All dividends will be paid in btc, so any revenue generated in USD/KTK/OTHER ALTS will be exchanged before being paid out.

The start date for paying out dividends will be finalized after the MP is live.


If anyone has suggestions/ideas how we can automate the process, please don't be shy!  Wink



I was hoping for next week (Wed), but looking at what I still need to finish moved it back a few extra days...

Launch date for the MP is Monday 29th Sept.


Register wher and what? can you explain more please
newbie
Activity: 31
Merit: 0
can i register by giving my ktk wallet adres?
hero member
Activity: 976
Merit: 534
I was trying to keep things simple as possible but you have a good point, so will go with your suggestion.

Yes

And another good suggestion! Wink


Few remarks. One: if dividends are to be paid in BTC only that would mean you would have to sell KTK that were earned on the MP, thus pushing the price down.
My suggestion is to pay dividend in KTK and BTC, where all non-KTK should be converted to BTC. That shouldn't be overly complex and in that way we won't add any selling pressure to the price of the coin.

Remark two. If dividend is to be paid based on KTK held in the wallet, how to determine the number of coins to qualify for dividend? Monitor periodically each eligible wallet and then take the average amount that was held in the wallet over that period?

Multiple addresses? No problem, registration would include sending, e.g., 100 uKTK to confirm you are the owner of the address. you would be required to pass txid of all addresses belonging to you that you want to be eligible for dividend.




The max limit was to try avoid anyone having too much % of the profit share.


I agree about the first remark.

About multiple addresses, I think prix said that putting upper limit is nonsense, since someone can have multiple addresses. And my question is why there should be an upper limit at the first place?

the detail is promising , and i think  the max holder limit is acceptable . maybe is a little too much,  0.5 Million is a good idea  .  Wink
 BTC is the best payout to give holder.
It's very difficult to control an upper limit. How do you want to control it?
The user may have multiple addresses, mails, forum accounts, etc.



We still have a large amount in the bounty pot, and I have my KTK but in both instances they won't be registered for the KTK holders (20.4%) profit share.

Both together is around 1.5M, so straight away KTK holders will get a boost on the % share. I don't think it would be fair to give 20.4% and then claw some back from my own stack and the bounty pot!

I'll make the addresses public, and those who register will have theirs listed too, so it's transparent for all to see which addresses receives the profit share.


agree with upper limit I hold another coin and the dev of that coin was staking the distribution wallet  at launch wich caused him to get most of the BTC dividend but it will be difficult to stop people having multiple wallets
sr. member
Activity: 349
Merit: 250

Few remarks. One: if dividends are to be paid in BTC only that would mean you would have to sell KTK that were earned on the MP, thus pushing the price down.
My suggestion is to pay dividend in KTK and BTC, where all non-KTK should be converted to BTC. That shouldn't be overly complex and in that way we won't add any selling pressure to the price of the coin.

....

Multiple addresses? No problem, registration would include sending, e.g., 100 uKTK to confirm you are the owner of the address. you would be required to pass txid of all addresses belonging to you that you want to be eligible for dividend.


I agree about the first remark.

About multiple addresses, I think prix said that putting upper limit is nonsense, since someone can have multiple addresses. And my question is why there should be an upper limit at the first place?

the detail is promising , and i think  the max holder limit is acceptable . maybe is a little too much,  0.5 Million is a good idea  .  Wink
 BTC is the best payout to give holder.
It's very difficult to control an upper limit. How do you want to control it?
The user may have multiple addresses, mails, forum accounts, etc.

agree with upper limit I hold another coin and the dev of that coin was staking the distribution wallet  at launch wich caused him to get most of the BTC dividend but it will be difficult to stop people having multiple wallets
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!

Few remarks. One: if dividends are to be paid in BTC only that would mean you would have to sell KTK that were earned on the MP, thus pushing the price down.
My suggestion is to pay dividend in KTK and BTC, where all non-KTK should be converted to BTC. That shouldn't be overly complex and in that way we won't add any selling pressure to the price of the coin.

....

Multiple addresses? No problem, registration would include sending, e.g., 100 uKTK to confirm you are the owner of the address. you would be required to pass txid of all addresses belonging to you that you want to be eligible for dividend.


I agree about the first remark.

About multiple addresses, I think prix said that putting upper limit is nonsense, since someone can have multiple addresses. And my question is why there should be an upper limit at the first place?

the detail is promising , and i think  the max holder limit is acceptable . maybe is a little too much,  0.5 Million is a good idea  .  Wink
 BTC is the best payout to give holder.
It's very difficult to control an upper limit. How do you want to control it?
The user may have multiple addresses, mails, forum accounts, etc.
hero member
Activity: 826
Merit: 500
So should I message dev about participating in the shareholder list or will there be another announcement of how to do it?

Another announcement. He wants to have it up and running with sales date before selling any shares.
sr. member
Activity: 462
Merit: 250
So should I message dev about participating in the shareholder list or will there be another announcement of how to do it?
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