[PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta - page 270.

Joerii

legendary

Activity: 1274

Merit: 1050

Quote from: ?? on ??

Quote from: Joerii on February 23, 2014, 08:31:15 PM

Sending BTC to ~~an unknown~~ a known, ~~anonymous "dev" with nice story is financial sucide~~ eponymous Escrow Service.

FIFY!

Maybe you should read the terms of the "escrow" on their site.

Quote

3. You will have to accept that we delivered "the goods" on the escrow site at least one week before the announced go-live. Of course we will remind you of this deadline. Otherwise you will not get the equivalent of EXOs. At that point of time you had already the possibility to test our client and network in an open beta!

So basically you still send BTC before you get ANYTHING of value.

Don't be fooled guys.

THIS IS A SCAM !

I'm not gonna come back here in a few days and say " I told you so."

Use your brain before sending your hard earned BTC. Read that Stacks thread that I linked too. I wouln't be suprised if this is run by the same scammer.

Joerii

legendary

Activity: 1274

Merit: 1050

Are you guys fucking HIGH ?!

https://bitcointalk.org/index.php?topic=457575.1140

This is pretty much a 1 to 1 copy of that scam.

Sending BTC to an unknown, anonymous "dev" with nice story is financial sucide.

IPO My ass.

Lpingui

full member

Activity: 147

Merit: 100

Enthusiasm is really high, so many people Huitie! I have to fight for a chance!

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ?? on ??

Quote from: twistelaar on February 23, 2014, 12:47:44 PM

Quote from: Scott J on February 23, 2014, 12:23:07 PM

I agree with the idea to vote on this - the devs should come up with a few options they are happy with and then let the investors decide.

+1 totally agree with this solution.

Obviously people who already invested will vote to diminish others potential shares to increase their own. Roll Eyes

That is counter-intuitive to a fair distribution.

Quote from: Raist on February 23, 2014, 01:12:41 PM

Everything sounds reasonable. My suggestion will be - quit everything except 1 stage investors. It will be honest - really they took a risk. But please do not talk any more about "fair distribution" and such shit. Can be good coin, with successful ipo (it is already an achievement), nothing more nothing less.

Exactly the stupid behavior we should expect when deciding to retroactively change the investment terms. The majority will choose to make changes in their own self interest. Don't claim to be something different than everyone else (specifically Nxt was mentioned) then turn around and do the same thing. NEM has this same problem. Claimed to be egalitarian, but made no effort to actually be egalitarian and had to change the investment terms a million times on-the-fly. I don't understand why no-one can get this right. Seems like it's the part that gets the least thought beforehand, but argued about the most after the fact.

Now you have a party with a conflict of interest in doing whats best for the distribution (1st stage early bird investors), and you want them to choose/vote on making modifications to the distribution model? lmao.

Sorry but you got it wrong. NEM stakes have never been sold. There is no investment term. To clarify, there was only a call to join a community to build NEM/ Nemcoin.

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: ?? on ??

Quote from: twistelaar on February 23, 2014, 12:47:44 PM

Quote from: Scott J on February 23, 2014, 12:23:07 PM

I agree with the idea to vote on this - the devs should come up with a few options they are happy with and then let the investors decide.

+1 totally agree with this solution.

Obviously people who already invested will vote to diminish others potential shares to increase their own. Roll Eyes

That is counter-intuitive to a fair distribution.

Quote from: Raist on February 23, 2014, 01:12:41 PM

Everything sounds reasonable. My suggestion will be - quit everything except 1 stage investors. It will be honest - really they took a risk. But please do not talk any more about "fair distribution" and such shit. Can be good coin, with successful ipo (it is already an achievement), nothing more nothing less.

Exactly the stupid behavior we should expect when deciding to retroactively change the investment terms. The majority will choose to make changes in their own self interest. Don't claim to be something different than everyone else (specifically Nxt was mentioned) then turn around and do the same thing. NEM has this same problem. Claimed to be egalitarian, but made no effort to actually be egalitarian and had to change the investment terms a million times on-the-fly. I don't understand why no-one can get this right. Seems like it's the part that gets the least thought beforehand, but argued about the most after the fact.

Now you have a party with a conflict of interest in doing whats best for the distribution (1st stage early bird investors), and you want them to choose/vote on making modifications to the distribution model? lmao.

+1000

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: ?? on ??

Being away from my workstation for a few hours... I just have one thing to say... ROFLMAO!!! Grin

If you are looking for a bargain... I urge all those that participated through Anon136... to commit to giving up 1/3 of their future (potentially) acquired eXo to Anon136 himself!!! Shocked

Yes... I will do the same too... are YOU willing to do it first though?!?!? Kiss

Edit: Oh boy... this is too much fun!!!

wow that's super generous of you smaragda. while i wouldn't turn down a tip i think 1/3 may be a little bit overkill Cheesy

Kergekoin

hero member

Activity: 546

Merit: 500

Oh my... I hope this is real, because so much money is invested in to this "just another cute story" again.

gvans

sr. member

Activity: 281

Merit: 250

Quote from: Brilliantrocket on February 23, 2014, 05:59:50 PM

Quote from: gvans on February 23, 2014, 05:54:45 PM

Ex post facto i.e. retroactive rules must be avoided. Stick to what has been announced by devs during first stage according to which people have invested. That is the ann-post and this
https://bitcointalksearch.org/topic/m.4756591

We have been told 1st stage get more exo for btc than 2nd. That is fair enough.

The 1st stage gets 15% of the distribution, but if less BTC is received for the second stage, the second stage investors would actually get more EXO for their BTC. I kind of hope this happens, because the complaining will be hilarious.

Please read the link of my post again (eXo_coin dev explanation how to guarantee more exo for btc in 1st stage)
https://bitcointalksearch.org/topic/m.4756591

msin

legendary

Activity: 1470

Merit: 1004

Quote from: Brilliantrocket on February 23, 2014, 05:59:50 PM

Quote from: gvans on February 23, 2014, 05:54:45 PM

Ex post facto i.e. retroactive rules must be avoided. Stick to what has been announced by devs during first stage according to which people have invested. That is the ann-post and this
https://bitcointalksearch.org/topic/m.4756591

We have been told 1st stage get more exo for btc than 2nd. That is fair enough.

The 1st stage gets 15% of the distribution, but if less BTC is received for the second stage, the second stage investors would actually get more EXO for their BTC. I kind of hope this happens, because the complaining will be hilarious.

Yes, I find most complaining to be hilarious.

roede94105

sr. member

Activity: 294

Merit: 250

Quote from: Brilliantrocket on February 23, 2014, 05:59:50 PM

Quote from: gvans on February 23, 2014, 05:54:45 PM

Ex post facto i.e. retroactive rules must be avoided. Stick to what has been announced by devs during first stage according to which people have invested. That is the ann-post and this
https://bitcointalksearch.org/topic/m.4756591

We have been told 1st stage get more exo for btc than 2nd. That is fair enough.

The 1st stage gets 15% of the distribution, but if less BTC is received for the second stage, the second stage investors would actually get more EXO for their BTC. I kind of hope this happens, because the complaining will be hilarious.

Unfortunately for you, the dev already said it won't happen

rramires

full member

Activity: 231

Merit: 100

Quote from: eXo_coin on January 26, 2014, 02:20:03 PM

while this is true what exokk wrote - we have just discussed about that point. Although we think it is rather unlikely to happen at all we will do the following just in case that it will happen anyway:

lets assume that an early bird would get less EXO from his/her investment than a 2nd stager (both invested equal amount of course).

the early bird block (15%) would be extended - in this case "stealing it" from the 2nd stage block (lets say 15% -> 17% and 10% -> 8% then). The procentual amount of the "stealing" would be choosen to be, so that early birds will get at least some EXO more than 2nd stager for the same investment to make it more fair (the earlier you invest the more risks you have the more EXO you want to receive). [this applies to the situation 2nd <->3rd stage unfairness, too ofcourse]

But as exokk already has written: We would naturally expect, that you get more EXO out of your (same amount of) investment at 1st than at 2nd than at 3rd stage even without the correction process that I just wrote down here.

I hope this will help you. In our oppinion this is the best solution to be fair to everyone and to honor early investors risks.

eXocoin team

Interesting and very fair without moving the 50% mining, which I consider an untouchable point for success of this project

Brilliantrocket

hero member

Activity: 826

Merit: 500

Quote from: gvans on February 23, 2014, 05:54:45 PM

Ex post facto i.e. retroactive rules must be avoided. Stick to what has been announced by devs during first stage according to which people have invested. That is the ann-post and this
https://bitcointalksearch.org/topic/m.4756591

We have been told 1st stage get more exo for btc than 2nd. That is fair enough.

The 1st stage gets 15% of the distribution, but if less BTC is received for the second stage, the second stage investors would actually get more EXO for their BTC. I kind of hope this happens, because the complaining will be hilarious.

gvans

sr. member

Activity: 281

Merit: 250

Ex post facto i.e. retroactive rules must be avoided. Stick to what has been announced by devs during first stage according to which people have invested. That is the ann-post and this
https://bitcointalksearch.org/topic/m.4756591

We have been told 1st stage get more exo for btc than 2nd. That is fair enough.

vidocq

newbie

Activity: 52

Merit: 0

Just read part of the whitepaper,
this coin has some interesting new concepts.

I'm tempted to invest a small amount in the 2nd IPO round ( providing Anon136 extends his service into a 2nd round IPO ),

I would like to hear what other people think of the whitepaper. Maybe get some knowledgeable impressions.

iGoodw1n

sr. member

Activity: 294

Merit: 250

Quote from: rramires on February 23, 2014, 05:37:18 PM

If only have to useless discussion it is better to keeping the original plan. 15% 10% 5% and 50% mining.
170BTC is not that much. Enough to pay for a good 4-5 devs for a few months + hosting + some more money for marketing. Thus able to get the project off the paper.
If you invested 1BTC = ~ 80,000 exo and he comes to the price of 0.00009 nxt already 7.2BTC of a good profit. Compared with nxt, 100,000,000 is 10x less coins. 0.0009 would 72BTC. Dreaming does not cost anything.

1 btc 80,000 exo
Translate op 20,000 exo. At current price 0.25 btc. I think it is too high. This means that devs did not plan for high volume btc ipo.

msin

legendary

Activity: 1470

Merit: 1004

Quote from: keepwalking1234 on February 23, 2014, 03:22:47 PM

i think we can give the 1st round guys (who send to dev team btc address directly！)more percentage exo coin！

they are the people who really take some risk！

eXo advertised escrow on the OP, so those using escrow should be on the same field as those that didn't. Regardless, doesn't really matter what we say, it's up to eXo at this point. I would recommend at least 20% for early bird, especially if you are rewarding 50% to miners who take absolutely zero risk.

rramires

full member

Activity: 231

Merit: 100

If only have to useless discussion it is better to keeping the original plan. 15% 10% 5% and 50% mining.
170BTC is not that much. Enough to pay for a good 4-5 devs for a few months + hosting + some more money for marketing. Thus able to get the project off the paper.
If you invested 1BTC = ~ 80,000 exo and he comes to the price of 0.00009 nxt already 7.2BTC of a good profit. Compared with nxt, 100,000,000 is 10x less coins. 0.0009 would 72BTC. Dreaming does not cost anything.

iGoodw1n

sr. member

Activity: 294

Merit: 250

Quote from: iGoodw1n on February 23, 2014, 12:35:34 PM

% is not best way, because we don't know how many people will be in each stage. Why not just set price for eXo for different stages and email giveaway. For example for early bird 100,000 eXo for 1btc, second stage 60,000 eXo for 1btc, 30,000 for 3 stage. For each email 100 eXo.

svojoe

legendary

Activity: 968

Merit: 1000

einc.io

Quote from: Eadeqa on February 23, 2014, 04:20:17 PM

I am still suspicious, even if it's a real project. I doubt very much any of the developers have cryptographic skills.

Even if it's launched, we don't have any clue how safe it would in real world once under attack by real hackers.

Me too

Eadeqa

hero member

Activity: 644

Merit: 500

I am still suspicious, even if it's a real project. I doubt very much any of the developers have cryptographic skills.

Even if it's launched, we don't have any clue how safe it would be in real world once under attack by real hackers.

Topic: [PoS+PoW] eXocoin [EXO]-gen 2.0- dev. from scratch! Give-Away | Open Beta - page 270. (Read 415634 times)