[old thread] - RISE | DPOS | APPS & DAPPS - page 114.

Geenstijl

legendary

Activity: 1232

Merit: 1000

Quote from: McVenture on February 20, 2017, 05:06:09 PM

Quote from: stereotype on February 20, 2017, 04:57:58 PM

Quote from: scifi.rem on February 20, 2017, 03:43:06 PM

....and to prevent our funds from becoming more depleted with little to show for it...

Sooo, whats left? And how much did Justin/Dont Panic, cost the fund?

Hi, the quarterly financial report which will cover November 1st 2016 to January 31st 2017
is set to be released by the end of the week. This report together with the previously released
report will give full disclosure on how much was spent so far.

Link to previous report: http://forum.rise.vision/topic/69/expense-report-july-october-2016

I look forward the expenditure report. Especially, to what's left in the dev fund. How about the new website? Was DPC also in charge of this? If you're looking for affordable good quality web developers let me know.

Mr.Pro

sr. member

Activity: 644

Merit: 251

Quote from: Hangterisaan on February 21, 2017, 07:32:44 AM

So, what are we supposed to do now?
Wait for rise 2.0, exchange for those chipz (in both cases, will it be a 1:1 exchange?) or dump the hell out of this coin?

Saddest part is the community saw this from the very beginning. U guys should have acted months ago....

There would be no exchange for chipz cos you would get chipz depending on your rise holding, im thinking that its their strategy to sell the rise tokens while people are buying expecting that they would get more chipz in the future.

Sly and a very tricky move rise team..

Hangterisaan

sr. member

Activity: 392

Merit: 250

So, what are we supposed to do now?
Wait for rise 2.0, exchange for those chipz (in both cases, will it be a 1:1 exchange?) or dump the hell out of this coin?

Saddest part is the community saw this from the very beginning. U guys should have acted months ago....

tommy163

full member

Activity: 237

Merit: 250

Quote from: andrealandia on February 21, 2017, 03:58:25 AM

oh crazy dump, there is an user with 11,106,887 coin that i think is the dev..
i hope he don't sell

Panic sellers thought the co-founder would dump the tokens, so he dumped RISE to 200 sat first to avoid co-founder's huge dump, it is correct reaction because the team is dishonest and incompetent.

Admiral_Bit

sr. member

Activity: 448

Merit: 252

Quote from: scifi.rem on February 20, 2017, 03:43:06 PM

Development Update:

We have a fairly big announcement. We have been fucked by Justin, the project is dead, we will continue ripping you off by putting the rest of your investments into some shady casino business. Stay tuned for further losses.

Rem

Wait, wait, wait, wait, wait.... WHAAAT?

Did you really just say that Justin took your funds yet failed to show any progress? What is the news here? This has been happening ever since you guys scammed us into your goddamn ico.

Return the fucking money!; You royally fucked up in every possible way, still you are not willing to cancel the project.

CUNT!

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Quote from: hagie on February 21, 2017, 05:44:57 AM

Quote from: scifi.rem on February 20, 2017, 03:43:06 PM

Development Update:

...
Before we move further on that, we have decided that we will push out Rise Classic by cloning Lisk to get delegates forging and earning rewards ASAP.
....
Rem

As one of the first RISE forging delegates (check delegate hagie) and as a active delegate on the LISK network I can assure that delegate forging is working fine right now and there is no need to wait for the SDK to arrive.The latest roadmap for the lisk SDK shows 8-10 months until it arrives

This is not a "ASAP" to activate community forging.

if you want to do it, you may do it right now.

regards

Hi Hagie,

LSK delegate forging is indeed working fine right now, that is why Rise (Rise Classic, the current mainnet of Rise) will be updated with the new LSK code ASAP. Scifirem didn't say we were going to wait for the LSK SDK to arrive first. Where he said "before we move further on that" he was referring to Rise 2.0. Please note that currently Rise is not yet running on LSK's latest code changes that enable stable community forging so as soon as our new developer is brought up to speed he will get that set up for us.

hagie

hero member

Activity: 792

Merit: 501

Quote from: scifi.rem on February 20, 2017, 03:43:06 PM

Development Update:

...
Before we move further on that, we have decided that we will push out Rise Classic by cloning Lisk to get delegates forging and earning rewards ASAP.
....
Rem

As one of the first RISE forging delegates (check delegate hagie) and as a active delegate on the LISK network I can assure that delegate forging is working fine right now and there is no need to wait for the SDK to arrive.The latest roadmap for the lisk SDK shows 8-10 months until it arrives

This is not a "ASAP" to activate community forging.

if you want to do it, you may do it right now.

regards

Geenstijl

legendary

Activity: 1232

Merit: 1000

Another 35% of my cash evaporated. Could you please announce such fund transfers in advance?

andrealandia

legendary

Activity: 1470

Merit: 1000

oh crazy dump, there is an user with 11,106,887 coin that i think is the dev..
i hope he don't sell

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

To prevent any misunderstanding that flowed out of the previous post: the dev fund wasn't moved because there is any issue with the Rise wallet system. The wallets are fine. The move was to ensure the old dev team wouldn't have any access to it.

As some of you already pointed out, the safest place for the dev fund is in a wallet of which only the remaining co-founders possess the keys.

It is confirmed that the funds will be moved off of Bittrex later today. The new permanent Rise address for the fund will be announced and it obviously will be visible for everyone on the Rise rich list.

vanarebane

sr. member

Activity: 279

Merit: 250

Quote from: JanDzban on February 21, 2017, 02:03:58 AM

My God, first time i hear that if you want secure your coins, send it to an exchange

LOL, this it first time too, generally we think local wallet is the most safe place to store coins, but they are so different and weird. It makes my hilarious day.

malcovixeffect

sr. member

Activity: 714

Merit: 266

Price went down are they planning on a ninja slow dump unlucky for them someone noticed the ninja transfer hahaha

Nice cebb for noticing it.

JanDzban

sr. member

Activity: 423

Merit: 250

My God, first time i hear that if you want secure your coins, send it to an exchange

malcovixeffect

sr. member

Activity: 714

Merit: 266

Quote from: cryptoboy.architect on February 21, 2017, 01:48:11 AM

Quote from: McVenture on February 21, 2017, 01:39:25 AM

Hi Cebb,

The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.

That's too funny...

When devs don't feel they can secure their own coin, they put it on an exchange!

Makes perfect sense!

Its makes a perfect sense this move makes rise secured cos they can sell it whenever they like. Dont trust rise they are in the middle of bankruptcy

cebb

hero member

Activity: 545

Merit: 500

Quote from: McVenture on February 21, 2017, 01:39:25 AM

Quote from: cebb on February 20, 2017, 10:39:02 PM

Dev. Explain This.

Transfer of 9 million rise from dev account to Bittrex account!!

How exactly are you planning to sell 9 million RISE at Bittrex with only 7 BTC on bid? Are you planning to sell RISE till 1 Satoshi?

Link to rise explorer:
http://explorer.rise.vision/address/16274706446725994560R

Link to Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-RISE

Hi Cebb,

The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.

Why not transfer the RISE to a separate address for which only you have the seed. Or is the current RISE web wallet not secure?

How are we suppose to keep an eye on the exchange's top address 24/7 just to make sure that the RISE are not being sold?

Pardon my skepticism but the RISE team have not been forthcoming with whats happening behind the closed doors. You only inform us of the events after it is too late. You should be more pro-active with communications.

cryptoboy.architect

hero member

Activity: 513

Merit: 500

Quote from: McVenture on February 21, 2017, 01:39:25 AM

Hi Cebb,

The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.

That's too funny...

When devs don't feel they can secure their own coin, they put it on an exchange!

Makes perfect sense!

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Quote from: cebb on February 20, 2017, 10:39:02 PM

Dev. Explain This.

Transfer of 9 million rise from dev account to Bittrex account!!

How exactly are you planning to sell 9 million RISE at Bittrex with only 7 BTC on bid? Are you planning to sell RISE till 1 Satoshi?

Link to rise explorer:
http://explorer.rise.vision/address/16274706446725994560R

Link to Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-RISE

Hi Cebb,

The Rise dev fund was temporarily moved to Bittrex for a security reason. The co-founders aren't planning to sell any of it. I believe the fund will be moved to a new permanent address but I will confirm with the team and let you know.

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Quote from: neiq on February 20, 2017, 09:17:47 PM

Also what's the timeline for Chipz ? Yea it may sound good but how far off are casino deals and actual coin release etc ?

Hi Neiq, Chipz is a brand new project for the benefit of current Rise holders. It only just begun, there's no timeline yet, a lot of details still need to be worked out but it is certain that the Chipz airdrop will take place AFTER Rise Classic mainnet has been updated and is forging rewards on Community Delegate nodes, which is the highest priority right now.

McVenture

sr. member

Activity: 378

Merit: 250

RISE Community Manager

Quote from: seektree on February 20, 2017, 07:50:20 PM

Quote from: McVenture on February 20, 2017, 05:44:23 PM

Quote from: cryptonikus on February 18, 2017, 01:28:36 PM

LSK is gonna finish its SDk in year, persemuably, what time is expected in RISE?

Rise Classic (which is Rise on the current mainnet) will continue to be a LSK clone, so when LSK finishes their SDK then Rise Classic will follow soon after.

Rise 2.0 will have to be built on a different chain. The idea is that Rise Classic holders, if/when Rise 2.0 is realized, receive Rise 2.0 tokens equal to their Rise Classic holdings.

does this mean, it will be a year for rise classic SDK and potentially longer for RISE 2.0 ? or are you planning on launching RISE 2.0 sooner? can we get a roadmap? I think the incentive with the casino is a good one however maybe offer a better one and give people a reason to buy and hold rise? similar to waves and the wct token? also when is the new website launching? thanks.

Hi Seektree,

Yes, because Rise Classic will follow LSK roadmap it will probably be by the end of the year to see a working SDK, unless LSK finishes earlier.

At this moment it's too soon to say what the timeline for Rise 2.0 will be. The new dev still needs to review what was done on it so far by the old dev team.

Priority right now is to get Rise Classic up to date ASAP so the community can start forging rewards through the Delegates system. After that the Rise Classic holders will be rewarded with a Chipz airdrop.

Because of the recent development changes as announced by Scifirem the new website that was in the works needs to be updated to the new situation and will be published once the details of the new direction are worked out.

cebb

hero member

Activity: 545

Merit: 500

Dev. Explain This.

Transfer of 9 million rise from dev account to Bittrex account!!

How exactly are you planning to sell 9 million RISE at Bittrex with only 7 BTC on bid? Are you planning to sell RISE till 1 Satoshi?

Link to rise explorer:
http://explorer.rise.vision/address/16274706446725994560R

Link to Bittrex:
https://bittrex.com/Market/Index?MarketName=BTC-RISE

For the lazy ones:

Topic: [old thread] - RISE | DPOS | APPS & DAPPS - page 114. (Read 653289 times)