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Topic: [KTK] KryptKoin > [PHR] Phore: check new ANN - page 92. (Read 413562 times)

full member
Activity: 210
Merit: 100
Crypto Currency Supporter
excellent update on MP, ty v much!
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
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

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.

hero member
Activity: 750
Merit: 511
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


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.

I like the payment where it is. It gives everyone something to shoot for.
hero member
Activity: 546
Merit: 500


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.
hero member
Activity: 826
Merit: 500
We have 5 mins until voting starts. So far I am the only one.
hero member
Activity: 826
Merit: 500
Can we get as many KTK supporters in the IRC #ktk. There is a vote that starts in 48 mins and we need as many supporters to take part as we can. So please join.
hero member
Activity: 826
Merit: 500
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.


Great way to make the coin more valuable. Returning money to the holders is always good for price.
hero member
Activity: 976
Merit: 534
The marketplace is going live on the 29th.

Launch date for the MP? What do you mean?
newbie
Activity: 24
Merit: 0
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.




Launch date for the MP? What do you mean?
hero member
Activity: 976
Merit: 534
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.

full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!


Hello KryptKoin friends,
Please add $UNO to the KryptKoin marketplace.  Unobtanium has been around for a year, has a great community, merchant acceptance through coinpayments.net and unbreakablecoinauctions.com, and is consistently a top-50 crypto on CMC.

Please consider Unobtaniun/UNO. We'd love to be in your market.

Best wishes to you all.
Welcome! Nice to see you here. Details about adding new coins to the MP will be announced soon.
hero member
Activity: 976
Merit: 534
Updated.

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.


Do you have any updates on when the marketplace will be launched? Also Could you update the thread title with maybe something to do with the market place. Titles are a huge way to attract attention to a coin. 

Thanks for the news. Please post in title that MP launch planned for 9/29.
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
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.


Do you have any updates on when the marketplace will be launched? Also Could you update the thread title with maybe something to do with the market place. Titles are a huge way to attract attention to a coin. 

That's great. I want to use the MP as soon as possible.
hero member
Activity: 826
Merit: 500
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.


Do you have any updates on when the marketplace will be launched? Also Could you update the thread title with maybe something to do with the market place. Titles are a huge way to attract attention to a coin. 

Thanks for the news. Please post in title that MP launch planned for 9/29.
hero member
Activity: 976
Merit: 534
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.


Do you have any updates on when the marketplace will be launched? Also Could you update the thread title with maybe something to do with the market place. Titles are a huge way to attract attention to a coin. 
hero member
Activity: 826
Merit: 500
Marketplace Update

Very sorry for the delays everyone on the marketplace (MP) video, run into a problem with the payment and activating the product download (hosted at Amazon S3). It's still not fixed, so for now it' just a short preview. Once I've fixed the bug, I'll redo the video and complete a live sale.

Since the original screenshot post it's slightly changed, it no longer has a dedicated checkout page. Payment is now done directly on the product page, when the KTK api is ready and it's added as a payment option, either the buy button or the popup modal will give the buyer various options to select the currency to buy with. For this current preview it only has the 1 option (btc) as that code has been completed, even though it's not fully working right now!

I don't have a solid date to complete the final KTK api code yet, but if it's ready the time I fix the bug and redo the video I'll complete a payment in KTK as it's quicker for confirmations. The KTK api code is also the last big part that needs integrating into the MP, and shortly after that we can go live with both the MP and online wallet!  Cool


Video preview...
if it's slightly blurry please select 720p



The MP name has purposely been left out. You'll notice it's using the same KTK logo, this could change if the community want to. The domain does start with K but more generic than KryptKoin so it's more brandable, all will be revealed when we go live!  Grin



http://youtu.be/Sj3f7ucJBIo

The site looks very promising, and has a lot of useful features. By the way, It would be nice if you put a link to this post on the Marketplace section of the OP.

The time is getting closer. There is a good chance we will have this with in 2 weeks. Very exiting. Get your KTK while they are cheap. Only 17 million coins.

We should keep this on current page because this is a great thing that is almost ready.

Do you have any updates on when the marketplace will be launched? Also Could you update the thread title with maybe something to do with the market place. Titles are a huge way to attract attention to a coin. 
hero member
Activity: 826
Merit: 500
We need you guys in the #ktk IRC. We need more votes
hero member
Activity: 826
Merit: 500
Can we get any current KTK supporters to join the #ktk IRC. We are going to need some active people in about 1.5 hours. Please join for more info.
hero member
Activity: 826
Merit: 500
I have talked to Bittrex about the banner warning about low volume. They said they are far behind and the auto script has not run yet because of the azure issues.
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