What about the wallet? Is there going to be a new one?
Topic: 🔥Obyte Cash - Fork of Obyte - 70% Airdrop! - Instant Transactions - 0 Fees 🔥 - page 2. (Read 836 times)
May 06, 2019, 09:01:56 AM
May 06, 2019, 08:47:46 AM
Are you also going to incentivize trade? Like 10-20% cashback if the item is paid for in Obyte Cash?
May 05, 2019, 11:17:58 AM
So I think it's a good chance to buy some GByte?
People want Obyte need to hold Gbyte, the price will raise soon!
People want Obyte need to hold Gbyte, the price will raise soon!
i think someone already buying with 15 btc wall, never see that on byteball
going to pump after whale accumulate for cheap
May 05, 2019, 10:29:17 AM
So I think it's a good chance to buy some GByte?
People want Obyte need to hold Gbyte, the price will raise soon!
People want Obyte need to hold Gbyte, the price will raise soon!
May 05, 2019, 09:16:55 AM
May 02, 2019, 06:23:30 AM
Important Update:
Looking at the current situation and lack of enthusiasm from the Obyte community, we have decided that releasing the fork as it currently is, is not the best option. It is an unfortunate development but as mentioned several times before, we needed the support of the community in order for this to be successful. Although it is a setback, we assure you it is not the end. We are now considering a few options, including doing an IEO as it seems that securing funding is more important than anticipated if we have to be competitive in crypto. Also, there might or might not be an airdrop for Obyte holders when we re-release our project. Thanks to everyone who supported this initiative and agreed with our ideology regarding the current state of Obyte. We sincerely hope, you will also understand and support us in this decision. Thanks again!
Obyte Cash is a fork of Obyte - https://obyte.org/70% of the supply will be airdropped to GByte holders.
Had to create a new thread as the old one was deleted by forum moderators and that account was also banned. We are not given any warning about anything or any reason at all!
Reason for Forking
Like a lot of Obyte investors and users, we were not happy with the way the things have been moving recently. The new distribution methods are not ideal and are being gamed and manipulated by dishonest people. Community feedback is being ignored and we don't see anything changing in the near future. Hence, we decided to fork Obyte and make it into something that the community really wants. Another reason that brought us to this decision is the declining number of people involved in Obyte. Long time supporters are getting frustrated with the project and waiting for a chance to dump their bags and move on. We truly believe that Obyte is one of the better projects out there and has great potential to perform much better under a different leadership and approach.
Major Changes from Obyte
Below are the changes, that as per Obyte community feedback across various platforms, needed to be done:
1. The biggest change will be how Obyte Cash will be distributed to the community. We will be rewarding current GByte holders and airdropping a massive 70% of the supply to GByte holders.
2. We will also be excluding known addresses of ICOs and exchanges from the airdrop as that seemed like a complete waste of resources. These funds will also be airdropped to real GByte holders.
3. There will be no airdrop for Bitcoin holders. This is because they just dump the free coins they receive and hardly contribute anything to the project.
4. More focus will be on marketing and advertising. We already have a pretty well made and a finished product. Creating a few bots will not help us grow now. Hence, we will spend more time and efforts in marketing Obyte Cash, getting meaningful partnerships and in turn increasing visibility and popularity.
5. On the technical side, we will be introducing instant transactions and 0 fee transactions.
Technical Specifications
Total Supply: 10,000,000
OBC Airdrop: 7,000,000 OBC (70% - 10 OBC for every GByte)
Future Distribution: 2,500,000 OBC (25%)
Marketing Fund: 400,000 OBC (4%)
Team: 100,000 OBC (1%)
Airdrop Details
1. 70% of the supply to be distributed proportionately to GByte holders on launch.
2. For every 1 GByte that you hold, you will get 10 OBC.
3. Anybody holding more than 500 GByte gets a 10% bonus.
4. No airdrop for BTC holders. We will reward only real users.
5. GByte currently held on known addresses of ICOs and exchanges will not be a part of the airdrop. These GByte will be redistributed to the community.
6. Snapshot will be on June 10, 2019 at 1PM UTC. Coins will be airdropped on June 17, 2019.
How to Claim the Airdrop
1. All you have to do is hold GByte in your wallet on June 10, 2019 at 1PM UTC to be eligible for the airdrop. No need to attest and provide private, sensitive and confidential passport details. No need to like us or spam Twitter to claim the airdrop. That is not how crypto was meant to work.
What you can do
We are not doing any ICO and are not making money out of this project. This is just a work of passion and is being paid for with (till now) personal money. If Obyte Cash has to be successful, we will need major contributions from the community. You could:
1. Talk about this project and the airdrop to GByte holders in crypto groups.
2. Tweet about us, share us on Facebook – Get the word out.
3. If you are a developer, contact us – We could always use your skills.
4. Contact crypto news sites and youtube/twitter influencers. Tell them to post about Obyte Cash and the massive 70% airdrop.
5. Get this airdrop listed on airdrop alert websites.
6. Create bitcointalk signatures for Obyte Cash and flaunt them when you post here.
7. Let GByte holders know about this airdrop by posting on their Telegram, Discord and Reddit.
What we will do
1. Try and get Obyte Cash listed on major exchanges (Long time community request)
2. Strong and aggressive marketing
3. Continued development - Any new feature added to Obyte and that is liked and appreciated by the community will be added to Obyte Cash. We will also try and develop new features. Instant and 0 fee transactions will be available from the launch day.
4. The project is open source and Github links will be available for the community to inspect and verify before launch. We will never ask for your private keys.
Website: www.obytecash.org
Telegram: https://t.me/joinchat/NKSLNxb9u9F1IrQipKxMTg
Looking at the current situation and lack of enthusiasm from the Obyte community, we have decided that releasing the fork as it currently is, is not the best option. It is an unfortunate development but as mentioned several times before, we needed the support of the community in order for this to be successful. Although it is a setback, we assure you it is not the end. We are now considering a few options, including doing an IEO as it seems that securing funding is more important than anticipated if we have to be competitive in crypto. Also, there might or might not be an airdrop for Obyte holders when we re-release our project. Thanks to everyone who supported this initiative and agreed with our ideology regarding the current state of Obyte. We sincerely hope, you will also understand and support us in this decision. Thanks again!
1. The biggest change will be how Obyte Cash will be distributed to the community. We will be rewarding current GByte holders and airdropping a massive 70% of the supply to GByte holders.
2. We will also be excluding known addresses of ICOs and exchanges from the airdrop as that seemed like a complete waste of resources. These funds will also be airdropped to real GByte holders.
3. There will be no airdrop for Bitcoin holders. This is because they just dump the free coins they receive and hardly contribute anything to the project.
4. More focus will be on marketing and advertising. We already have a pretty well made and a finished product. Creating a few bots will not help us grow now. Hence, we will spend more time and efforts in marketing Obyte Cash, getting meaningful partnerships and in turn increasing visibility and popularity.
5. On the technical side, we will be introducing instant transactions and 0 fee transactions.
OBC Airdrop: 7,000,000 OBC (70% - 10 OBC for every GByte)
Future Distribution: 2,500,000 OBC (25%)
Marketing Fund: 400,000 OBC (4%)
Team: 100,000 OBC (1%)
2. For every 1 GByte that you hold, you will get 10 OBC.
3. Anybody holding more than 500 GByte gets a 10% bonus.
4. No airdrop for BTC holders. We will reward only real users.
5. GByte currently held on known addresses of ICOs and exchanges will not be a part of the airdrop. These GByte will be redistributed to the community.
6. Snapshot will be on June 10, 2019 at 1PM UTC. Coins will be airdropped on June 17, 2019.
1. Talk about this project and the airdrop to GByte holders in crypto groups.
2. Tweet about us, share us on Facebook – Get the word out.
3. If you are a developer, contact us – We could always use your skills.
4. Contact crypto news sites and youtube/twitter influencers. Tell them to post about Obyte Cash and the massive 70% airdrop.
5. Get this airdrop listed on airdrop alert websites.
6. Create bitcointalk signatures for Obyte Cash and flaunt them when you post here.
7. Let GByte holders know about this airdrop by posting on their Telegram, Discord and Reddit.
2. Strong and aggressive marketing
3. Continued development - Any new feature added to Obyte and that is liked and appreciated by the community will be added to Obyte Cash. We will also try and develop new features. Instant and 0 fee transactions will be available from the launch day.
4. The project is open source and Github links will be available for the community to inspect and verify before launch. We will never ask for your private keys.
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