Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%. 5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
+1
Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta - page 263. (Read 415656 times)
February 25, 2014, 05:48:54 PM
+1
February 25, 2014, 05:47:52 PM
The fee is, as far as I know, 0,9%
Anon must be using a different fee structure because I put in 0.5045 btc expecting 0.5 btc towards ipo but on exo's investor's list it shows my hash with only 0.4945 btc which means the fee ended up being closer to 2%.
February 25, 2014, 05:36:40 PM
Anon136: I am looking through the exo's investors list and I'm a bit confused. I sent 0.16 BTC for investment, but do not see my amount on there. I understand you took a fee and the total after fee is displayed. So if you could tell me what my actual investment was I would appreciate it (I don't know exactly how much is your fee, I know not very smart of me but hey I took a risk).
The fee is, as far as I know, 0,9%
February 25, 2014, 05:36:20 PM
I think a 1.2X early bird advantage is hardly worth the risk. If I had known that 2nd stage investments have the potential to achieve upto 80% equity stake in a project that (if realized) will be many orders of magnitude farther along, vetted, tested by the community and explained by the time the 2nd round funding is ready to end. I would have absolutely bookmarked this thread and visited it in a few weeks to 'see what happened'. There is no way I would have locked up any resources in this until later if/ever. Crypto moves 24/7 and rewards the quick. Not those locked up in escrow for weeks/months at only a 20% advantage to those that had weeks more time to use btc for other pursuits.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
+1. This might sound "greedy" for some, but seriously, the amount of risk taken by 1st round investors (BEFORE even the whitepaper) should be rewarded by more than 20% of the second round. I'd vote for 24% / 17%. But I guess it also depends how many the second stage gets. If there is a lot of investments, then I'd be fine with the current proposition.
I don't believe 2nd round will reach the early bird BTC mark, nor much higher which would be required for the early bird to be a good deal.
February 25, 2014, 05:33:47 PM
Anon136: I am looking through the exo's investors list and I'm a bit confused. I sent 0.16 BTC for investment, but do not see my amount on there. I understand you took a fee and the total after fee is displayed. So if you could tell me what my actual investment was I would appreciate it (I don't know exactly how much is your fee, I know not very smart of me but hey I took a risk).
February 25, 2014, 05:19:51 PM
I vote to reduce the amount for e-mail giveaways as this does not take any risk except for giving up the throwaway e-mail most people use for spam and other temporary things.
Instead take that percentage taken from e-mail giveaway and either give it to early bird adopters or split it amongst early bird and second stage investors (depending on the risk each group took accordingly).
Besides that, everything else seems ok.
Instead take that percentage taken from e-mail giveaway and either give it to early bird adopters or split it amongst early bird and second stage investors (depending on the risk each group took accordingly).
Besides that, everything else seems ok.
February 25, 2014, 05:13:52 PM
I think a 1.2X early bird advantage is hardly worth the risk. If I had known that 2nd stage investments have the potential to achieve upto 80% equity stake in a project that (if realized) will be many orders of magnitude farther along, vetted, tested by the community and explained by the time the 2nd round funding is ready to end. I would have absolutely bookmarked this thread and visited it in a few weeks to 'see what happened'. There is no way I would have locked up any resources in this until later if/ever. Crypto moves 24/7 and rewards the quick. Not those locked up in escrow for weeks/months at only a 20% advantage to those that had weeks more time to use btc for other pursuits.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
+1. This might sound "greedy" for some, but seriously, the amount of risk taken by 1st round investors (BEFORE even the whitepaper) should be rewarded by more than 20% of the second round. I'd vote for 24% / 17%. But I guess it also depends how many the second stage gets. If there is a lot of investments, then I'd be fine with the current proposition.
February 25, 2014, 05:06:35 PM
If the community is OK with these plans then we would change the pie chart to what I just described.
OK
an OK from me too
February 25, 2014, 04:42:10 PM
+1 for the corrected plan
February 25, 2014, 04:41:22 PM
Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%. 5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
+1
February 25, 2014, 04:22:57 PM
We would redraw the pie chart like the following:
mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
+1 OK, got better
February 25, 2014, 04:21:09 PM
Even though I opposed changing it, I am glad that you made changes in line with the AIM of what you are trying to do, which is fair spreading, while also honoring the people who wanted to wait, keeping the 50% mining block intact and also giving Exo out to the mail applicants.
That takes a fair amount of juggling and I think it's great how much thought you put into that.
Whatever is decided, I just wanted to tell you that I appreciate you taking both your investors ánd your own aims seriously. That bodes well for the future.
That takes a fair amount of juggling and I think it's great how much thought you put into that.
Whatever is decided, I just wanted to tell you that I appreciate you taking both your investors ánd your own aims seriously. That bodes well for the future.
February 25, 2014, 04:19:39 PM
Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%. 5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
+1
I agree with this, 5 % is too little.
We would redraw the pie chart like the following:
mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
I think this is perfect - go with it!!mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
And 23.5% for 1st stage and 18.5% for 2nd stage is good, because they will have more BTC and LTC sent in 2nd stage.
February 25, 2014, 04:19:34 PM
I think a 1.2X early bird advantage is hardly worth the risk. If I had known that 2nd stage investments have the potential to achieve upto 80% equity stake in a project that (if realized) will be many orders of magnitude farther along, vetted, tested by the community and explained by the time the 2nd round funding is ready to end. I would have absolutely bookmarked this thread and visited it in a few weeks to 'see what happened'. There is no way I would have locked up any resources in this until later if/ever. Crypto moves 24/7 and rewards the quick. Not those locked up in escrow for weeks/months at only a 20% advantage to those that had weeks more time to use btc for other pursuits.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
Hindsight is always 20/20, I will concede that I think the devs are making the best choice they can come up with quickly to look forward to a healthier coin. And I also know there is no point arguing about risks with people who have not even bought into this coin yet. With 'hope' the Early adopters will become a very small part of this community. And there is no point in spreading negativity in a community that is only going to get increasingly hostile to early adopting interests.
Lets hope that 2nd round funding goes extremely well and gets 100's+ BTC
That everyone uses Escrow, EVERYONE USES ESCROW!
That the devs march forward and keep us involved in this project every step
And that this community grows
I strongly disapprove of the potential reality this new outline could produce if 2nd round investment is very small as I suspect/fear it will be.
However I choose to support the devs in making a difficult and diplomatic decision.
+ OKAY to the new plan.
February 25, 2014, 04:19:21 PM
We would redraw the pie chart like the following:
mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
I think this is perfect - go with it!!mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
And 23.5% for 1st stage and 18.5% for 2nd stage is good, because they will have more BTC and LTC sent in 2nd stage.
February 25, 2014, 04:11:04 PM
We would redraw the pie chart like the following:
mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
I think this is perfect - go with it!!
+1
February 25, 2014, 04:10:41 PM
Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%. 5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
+1
February 25, 2014, 04:08:16 PM
not bad
February 25, 2014, 04:01:12 PM
Seems okay, although I believe early bird should be 25% and 2nd stage should be 17%. 5% isn't enough difference between a blind early bird investment and the 2nd round investment with eXo already in beta.
February 25, 2014, 04:00:11 PM
We would redraw the pie chart like the following:
mining: 50%
3rd stage: crossed-out entirely
interest block: crossed-out entirely
2nd stage: 10% + 5% + 3.5% = 18.5%
1st stage: 15% + 2.5% + 6% = 23.5%
mail: 4%
bounties/giveaways: 4%
That would change the amount of EXO for early-birds to be: 0.1BTC equivalents 13,430 EXO
mail giveaway people would get: 4000EXO (if 1000 people, otherwise 2667EXO if 1500 people) thus an equivalent of 0.02 to 0.03 BTC
If the community is OK with these plans then we would change the pie chart to what I just described.
I think this is perfect - go with it!!
Jump to: