hi keccak,
Nice to see more and more ppl are attending on IPO,
Thanks for your feedback.
We are really happy to see the distribution improving and also lots of different stakeholders! Also, we are grateful to all the Heavycoin supporters who are showing up. This is a really good start to the community we hoped for.
I have another question (hope not asking too much
)
Did you have plan or did you contact any exchange site to add HVC currently as MAX did, there' lot of big exchange site promise to add MAX even before it's released.
Will that happen with HVC? Can we have plan to use the IPO fund to promote HVC o exchange before launch?
We made a post about "getting onto an exchange" a while ago:
https://bitcointalksearch.org/topic/m.5315285The IPO capital is being used to recoup some of our development costs. However, the some of the bounties capital is intended to help HVC get on to exchanges.
From one perspective getting HVC traded on exchange is highly important part of the Heavycoin ecosystem. On the other hand, we do not want heavycoin senselessly dumped as some users fear. This is not an exhaustive list, but we have heard a few posts on this matter.
you MUST be listed
on a few exchanges right at the launch.
That is really, truly horrible advice. Considering the relative size of the IPO, an exchange presence at launch would likely kill the coin within 24 hours.
and
i thinking about investing in this coin, but not sure is worth it... there some whales bought big stakes of coins, and there is could be price destroyed in the markets because of these early adaptors (IPO's) especially if that coin not hits bigger exchanges..could start dumping marathon and still win. too big supply in beginning..
that investor who put in HVC 20BTC just imagine is gets something like 2M HVC..
also
DEVS,
I've been involved in a lot of failed coin launches and a few successful ones.
If you want your business model and coin to succeed, you MUST be listed
on a few exchanges right at the launch.
1)Any coin needs to do this to work. No one mines or buys/sells if not a few good exchanges.
Again, from one perspective, getting HVC traded on exchange is highly important part of the Heavycoin ecosystem. On the other hand, we do not want heavycoin senselessly dumped, as some users fear. That being said, our view is that the Heavycoin IPO has helped set a price for HVC ahead of being listed on an exchange. The rational being that IPO investors would not be willing to sell their HVC holding at a lower price.
Thus, at the moment, being listed on an exchange is something we are highly certain will happen relatively soon, but whether it is negotiated before or after the launch really boils down to how much we are able to get done before the launch. Our first priority right now is to have a successful launch.
In our earlier post we suggested that exchanges do well to listen to their users, so to help things move swiftly (and to give exchanges an idea of how many people are interested in trading HVC), we call on the community to inquire with their favorite exchanges about Heavycoin!
Meanwhile, on our end, we we thought that poloniex.com looks like a good match for Heavycoin (at this early stage) because they seem to favor innovative coins. From their FAQ
About the IPO premine, i have an idea that can be use to prevent IPO stake holder to dump it as soon as exchange coming up.
Could we prevent the stake holder to send out the coin before xxx blocks? For example: 100.000 block, or before 1 weeks, 1 months or some thing similar
What do ya think?
We will not do this. It would have had to been done from the start and included in the terms of the IPO. It would be unfair to change it now, so we will not be doing this.