Topic: none - page 4. (Read 3203 times)
why isn't this more popular ??
it's an awesome ideea
it's an awesome ideea
Thank you
spread the word on twitter or keep push the post on bitcointalk https://twitter.com/HODLIT_Network
Thanks
Weird that your tw was blocked. It's fixed
why isn't this more popular ??
it's an awesome ideea
it's an awesome ideea
Thank you
spread the word on twitter or keep push the post on bitcointalk https://twitter.com/HODLIT_Network
Thanks
The POH concept is awesome guys but can we participate to the airdrop using a ledger nano rather than MEW or Metamask ?
you use your ledger nano in the MEW site. It has a function that supports it. I was going to do it, but when i say i had to pay a gas fee for claiming the airdrop i backed off. there is no way im going to pay, even a small fee, to receive a shitcoin airdrop
We understand your concerns.
However we don't do an ICO so we can't afford to pay hundreds of transaction fees.
You need to believe in the project in order to participate.
Our goal is not to achieve a simple network effect by distributing the token to a maximum amount of people.
If you do it just to get free tokens, I agree. This is useless.
The goal of HODLIT is to eliminate the ICOs and promote the ICD concept.
Every HODLIT you own will allow you to participate in the project distribution that are part of the HODLIT network.
Also, if you register, you will be considered as registered which will give you an advantage during the PCD period.
Period when you will send your rocket to the moon.
i've fully read your project now and it seems interesting. But i have some questions:
1- I have read on twitter the max ethereum is 50 to hold, is that true? if so, what do you recommend for those who has more than that? split addresses?
2- In myetherwallet when u create the transaction the amount to send should be zero right?(you dont explain this part in the tutorial).
3- The goal of the project is to make devs migrate from ico's form to hodlit's form. Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct? But how new projects would fund themselves? holders of hodlit should transfer their tokens to them? If so, what would happen when airdrop ends after the 5 year period? hodlit tokens would be diluted everytime a new project appears, and there would be no incentive to hold ethereum since u dont receive hodlits anymore. The only way a see to make it stable is through a constant and eternal airdrop, inflating the token, which is not the case.
and sry for shitty english, im from a poor country with terrible education
1 - The maximum rewarded amount is 50 ETH. If you have more you will be awarded with the maximum amount of 10000 HIT. You can split your account in this case but we don't like it. We punish abuses though (someone splitting accounts in parts of 10 ETH to get the maximum of tokens possible)
2 - Right. You should not send any ether. And even if you did you would receive an error as no function in the smart contract is payable.
3 - Correct. As a blockchain developer, I don't think that Ethereum will really be around in 5 years. Technologies like EOS, Cardano and Dag currencies/hashgraphes are more promising and will be live in 5 years. As a legal scholar, regulators will step in the crypto industry before 5 years so they will be able to enforce better policies.
"Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct?"
No, doing this is no different from an ICO.
Instead, project's tokens will be distributed among people owning the HODLit.
So if you own 5% of HODLIt you can get a proportional amount of upcoming project's token everytime a project is released.
That I think answers to the rest of your questions.
thank you for your answers but I still dont get it how future projects will fund themselves if its the users/holders and not them who receive hodlit. It's the 30% reserve who will fund new projects?
Reminder...
The distribution is free.
All you have to do is owning at least 0.2 Ether to participate.
Participating now will give you a privileged status of a "registered user" and is totally free apart from the transaction cost, which are peanuts.
If you don't register now you will need to acquire at least 50000 HIT in order to be registered during the PCD.
So act wisely.
The distribution is free.
All you have to do is owning at least 0.2 Ether to participate.
Participating now will give you a privileged status of a "registered user" and is totally free apart from the transaction cost, which are peanuts.
If you don't register now you will need to acquire at least 50000 HIT in order to be registered during the PCD.
So act wisely.
The POH concept is awesome guys but can we participate to the airdrop using a ledger nano rather than MEW or Metamask ?
you use your ledger nano in the MEW site. It has a function that supports it. I was going to do it, but when i say i had to pay a gas fee for claiming the airdrop i backed off. there is no way im going to pay, even a small fee, to receive a shitcoin airdrop
We understand your concerns.
However we don't do an ICO so we can't afford to pay hundreds of transaction fees.
You need to believe in the project in order to participate.
Our goal is not to achieve a simple network effect by distributing the token to a maximum amount of people.
If you do it just to get free tokens, I agree. This is useless.
The goal of HODLIT is to eliminate the ICOs and promote the ICD concept.
Every HODLIT you own will allow you to participate in the project distribution that are part of the HODLIT network.
Also, if you register, you will be considered as registered which will give you an advantage during the PCD period.
Period when you will send your rocket to the moon.
i've fully read your project now and it seems interesting. But i have some questions:
1- I have read on twitter the max ethereum is 50 to hold, is that true? if so, what do you recommend for those who has more than that? split addresses?
2- In myetherwallet when u create the transaction the amount to send should be zero right?(you dont explain this part in the tutorial).
3- The goal of the project is to make devs migrate from ico's form to hodlit's form. Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct? But how new projects would fund themselves? holders of hodlit should transfer their tokens to them? If so, what would happen when airdrop ends after the 5 year period? hodlit tokens would be diluted everytime a new project appears, and there would be no incentive to hold ethereum since u dont receive hodlits anymore. The only way a see to make it stable is through a constant and eternal airdrop, inflating the token, which is not the case.
and sry for shitty english, im from a poor country with terrible education
1 - The maximum rewarded amount is 50 ETH. If you have more you will be awarded with the maximum amount of 10000 HIT. You can split your account in this case but we don't like it. We punish abuses though (someone splitting accounts in parts of 10 ETH to get the maximum of tokens possible)
2 - Right. You should not send any ether. And even if you did you would receive an error as no function in the smart contract is payable.
3 - Correct. As a blockchain developer, I don't think that Ethereum will really be around in 5 years. Technologies like EOS, Cardano and Dag currencies/hashgraphes are more promising and will be live in 5 years. As a legal scholar, regulators will step in the crypto industry before 5 years so they will be able to enforce better policies.
"Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct?"
No, doing this is no different from an ICO.
Instead, project's tokens will be distributed among people owning the HODLit.
So if you own 5% of HODLIt you can get a proportional amount of upcoming project's token everytime a project is released.
That I think answers to the rest of your questions.
thank you for your answers but I still dont get it how future projects will fund themselves if its the users/holders and not them who receive hodlit. It's the 30% reserve who will fund new projects?
For some strategic projects yes but not for all.
Maybe this article will help https://www.linkedin.com/pulse/initial-coin-offering-ico-vs-distribution-icd-king-dead-agaev/?trackingId=%2FAO6BnkQT%2FnFTlHPGqZjwQ%3D%3D
We give two examples of successful ICDs: Byteball and Open Trading Network.
Hi Very cool project, may I ask for what 30% of tokens are reserved?
Very cool project, may I ask for what 30% of tokens are reserved?It's mainly for the team (1/3), networking and different partnerships since a lot of projects are going to join HODLIT NETWORK.
why isn't this more popular ??
it's an awesome ideea
it's an awesome ideea
Thank you
spread the word on twitter or keep push the post on bitcointalk https://twitter.com/HODLIT_Network
An article has been published about HODLIT
https://247cryptonews.com/the-future-of-funding-for-decentralized-real-projects-hodl-incentive-token/
https://247cryptonews.com/the-future-of-funding-for-decentralized-real-projects-hodl-incentive-token/
The POH concept is awesome guys but can we participate to the airdrop using a ledger nano rather than MEW or Metamask ?
you use your ledger nano in the MEW site. It has a function that supports it. I was going to do it, but when i say i had to pay a gas fee for claiming the airdrop i backed off. there is no way im going to pay, even a small fee, to receive a shitcoin airdrop
We understand your concerns.
However we don't do an ICO so we can't afford to pay hundreds of transaction fees.
You need to believe in the project in order to participate.
Our goal is not to achieve a simple network effect by distributing the token to a maximum amount of people.
If you do it just to get free tokens, I agree. This is useless.
The goal of HODLIT is to eliminate the ICOs and promote the ICD concept.
Every HODLIT you own will allow you to participate in the project distribution that are part of the HODLIT network.
Also, if you register, you will be considered as registered which will give you an advantage during the PCD period.
Period when you will send your rocket to the moon.
i've fully read your project now and it seems interesting. But i have some questions:
1- I have read on twitter the max ethereum is 50 to hold, is that true? if so, what do you recommend for those who has more than that? split addresses?
2- In myetherwallet when u create the transaction the amount to send should be zero right?(you dont explain this part in the tutorial).
3- The goal of the project is to make devs migrate from ico's form to hodlit's form. Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct? But how new projects would fund themselves? holders of hodlit should transfer their tokens to them? If so, what would happen when airdrop ends after the 5 year period? hodlit tokens would be diluted everytime a new project appears, and there would be no incentive to hold ethereum since u dont receive hodlits anymore. The only way a see to make it stable is through a constant and eternal airdrop, inflating the token, which is not the case.
and sry for shitty english, im from a poor country with terrible education
The POH concept is awesome guys but can we participate to the airdrop using a ledger nano rather than MEW or Metamask ?
you use your ledger nano in the MEW site. It has a function that supports it. I was going to do it, but when i say i had to pay a gas fee for claiming the airdrop i backed off. there is no way im going to pay, even a small fee, to receive a shitcoin airdrop
We understand your concerns.
However we don't do an ICO so we can't afford to pay hundreds of transaction fees.
You need to believe in the project in order to participate.
Our goal is not to achieve a simple network effect by distributing the token to a maximum amount of people.
If you do it just to get free tokens, I agree. This is useless.
The goal of HODLIT is to eliminate the ICOs and promote the ICD concept.
Every HODLIT you own will allow you to participate in the project distribution that are part of the HODLIT network.
Also, if you register, you will be considered as registered which will give you an advantage during the PCD period.
Period when you will send your rocket to the moon.
i've fully read your project now and it seems interesting. But i have some questions:
1- I have read on twitter the max ethereum is 50 to hold, is that true? if so, what do you recommend for those who has more than that? split addresses?
2- In myetherwallet when u create the transaction the amount to send should be zero right?(you dont explain this part in the tutorial).
3- The goal of the project is to make devs migrate from ico's form to hodlit's form. Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct? But how new projects would fund themselves? holders of hodlit should transfer their tokens to them? If so, what would happen when airdrop ends after the 5 year period? hodlit tokens would be diluted everytime a new project appears, and there would be no incentive to hold ethereum since u dont receive hodlits anymore. The only way a see to make it stable is through a constant and eternal airdrop, inflating the token, which is not the case.
and sry for shitty english, im from a poor country with terrible education
1 - The maximum rewarded amount is 50 ETH. If you have more you will be awarded with the maximum amount of 10000 HIT. You can split your account in this case but we don't like it. We punish abuses though (someone splitting accounts in parts of 10 ETH to get the maximum of tokens possible)
2 - Right. You should not send any ether. And even if you did you would receive an error as no function in the smart contract is payable.
3 - Correct. As a blockchain developer, I don't think that Ethereum will really be around in 5 years. Technologies like EOS, Cardano and Dag currencies/hashgraphes are more promising and will be live in 5 years. As a legal scholar, regulators will step in the crypto industry before 5 years so they will be able to enforce better policies.
"Projects instead of raising ether through ICO's would raise HODLIT to fund itself, correct?"
No, doing this is no different from an ICO.
Instead, project's tokens will be distributed among people owning the HODLit.
So if you own 5% of HODLIt you can get a proportional amount of upcoming project's token everytime a project is released.
That I think answers to the rest of your questions.
When will be the Airdrop starts? after the ICO how much would be HODLIT tokens equivalent to ETH?
The airdrop already started. You need to register with minimum 0.2 ETH. The more ETH you have the more ETH you will receive.
After that you need to HODL your ETH for 14 days to be eligible for the CLAIM.
We don't know how much it will be worth yet.
But the token has a lot of potential because we have 4 upcoming projects which tokens will be distributed only to the HODLIT owners.
We are actually talking with 2 other projects interesting by the Proof of HODL and the ICD.
Our goal is to make ICOs obsolete.
Everything is explained in the video https://youtu.be/Gysk1MzgfsQ
I don't think I got the details of this right.
So you register by sending a transaction to the contract. You won't ever have to do more than this. Claiming tokens will be automized.
Then once a week there will be an airdrop of tokens according to the amount of ETH hodled.
What about this gamification thing? Is this a separate airdrop?
So you register by sending a transaction to the contract. You won't ever have to do more than this. Claiming tokens will be automized.
Then once a week there will be an airdrop of tokens according to the amount of ETH hodled.
What about this gamification thing? Is this a separate airdrop?
Sorry, it might get confusing.
So basically.
1) REGISTRATION PERDIOD 28 FEB -> 7 MARCH
2) HODL PERIOD -> 7 MARCH - 14 MARCH
3) CLAIMING PERIOD -> 14 MARCH - 21 MARCH
4) END MARCH -> Progressive airdrop
So yes one transaction to register and then you HODL until 14 MARCH.
Gamification will be there to support the Progressive airdrop.
We will explain it all in details after the ICD is over.
Our designer is currently working on the rocket and we will be implementing the minigame just after the ICD.
Here is a more detailed article https://www.linkedin.com/pulse/hodl-incentive-token-future-fundraising-real-projects-vladimir-agaev/
--> "Phase 2: The Progressive Coin Distribution [PCD]
The second phase is the Progressive Coin Distribution [PCD]. This phase will begin roughly 15 days after the end of the ICD and will consist out of an ERC721 gamification based on the Proof of HODL (of Ether and HODLit).
Every week, rocket parts with various lifespans are being airdropped based on the Proof of HODL. The user has to assemble the rocket and send it to the moon in order to “mine” HODLIT. It goes without saying that the success of the mining will depend of the rocket parts quality and the amount of HODLIT present on the Moon. Mine frequently and HODLIT will be depleted, but mine rarely and someone else will have a better yield. The HODLIT available on the moon is replenished every week."
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