[PRE-ANN][ZNP] ZonePay ICO POW/POS 30 sec blocks Masternodes [ZNP][PRE-ANN] - page 2.

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: Master_dandosha on March 24, 2016, 11:49:31 AM

Quote from: GREEDYJOHN on March 22, 2016, 08:59:43 PM

Quote from: albertocp on March 22, 2016, 08:57:26 PM

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

What is wrong with this ICO?

Do you feel that the DEV should consider my suggestions about Yobit ICO?

Yobit is the perfect exchange for this ICO ,
i would suggest the same dev
thanks

Again I will only hold it on yobit if they can agree to these

There is no minimum price (I will remove the 0.000025 per 1 coin from the Ann too)

The 1,000,000 coins will all be sold, 0 burnt.

If we hit 25btc then the ICO has to be stopped (Will not except anything over 25btc

If we do not hit 25btc then the ICO will continue to run the Full 5-7 days then it would be BTC raised / 1,000,000 ZNP to get the base price of ZNP

To me those terms are not hard to adhere too if I have to stick to their terms

Master_dandosha

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Activity: 714

Merit: 500

IF YOU Enjoy Trade with ME ..PUT Feedback Please

Quote from: GREEDYJOHN on March 22, 2016, 08:59:43 PM

Quote from: albertocp on March 22, 2016, 08:57:26 PM

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

What is wrong with this ICO?

Do you feel that the DEV should consider my suggestions about Yobit ICO?

Yobit is the perfect exchange for this ICO ,
i would suggest the same dev
thanks

Nightz

hero member

Activity: 1302

Merit: 504

Right off to work on ZNP now Any inputs just PM or post it on thread Wink

Nightz

hero member

Activity: 1302

Merit: 504

Voting Poll has been locked.

It seems the users have chosen Quark as the new algorithm for ZNP So I will get onto that today Wink

GREEDYJOHN

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Activity: 1778

Merit: 1000

Quote from: albertocp on March 22, 2016, 09:02:52 PM

Quote from: GREEDYJOHN on March 22, 2016, 08:59:43 PM

Quote from: albertocp on March 22, 2016, 08:57:26 PM

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

What is wrong with this ICO?

Do you feel that the DEV should consider my suggestions about Yobit ICO?

Not that. If I decide to gave my money to a dev team, its because I have faith in the team, not the platform hosting the sale.
I just dont like the idea, pitch, ect. I dont see the roi for an investor myself. It's possible I missed it, but if I did then others will too.
I will be watching like I said earlier.

You have not missed anything yet, Dev has not even started - he is just discussing plans.

albertocp

full member

Activity: 120

Merit: 100

Quote from: GREEDYJOHN on March 22, 2016, 08:59:43 PM

Quote from: albertocp on March 22, 2016, 08:57:26 PM

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

What is wrong with this ICO?

Do you feel that the DEV should consider my suggestions about Yobit ICO?

Not that. If I decide to gave my money to a dev team, its because I have faith in the team, not the platform hosting the sale.
I just dont like the idea, pitch, ect. I dont see the roi for an investor myself. It's possible I missed it, but if I did then others will too.
I will be watching like I said earlier.

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: albertocp on March 22, 2016, 08:57:26 PM

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

What is wrong with this ICO?

Do you feel that the DEV should consider my suggestions about Yobit ICO?

albertocp

full member

Activity: 120

Merit: 100

I like ico's but I dont love this one for some reason.
I'll keep watching and see if that changes.
Good luck to everyone.

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: chrysophylax on March 22, 2016, 07:41:28 PM

watching this ...

seems quite interesting ...

#crysx

Lets see how this goes. I have been telling Nightz to use Yobit ICO.

After Yobit burns the unspent ICO coins, Yobit should have a coin swap while the ZPN wallets at Yobit are in "maintenance mode" - with no withdrawals or buying/selling allowed.

Coin swap immediately after ICO will help to create a new coin that does not have an UGLY BURN ADDRESS in its block explorer.

I spoke about this in page 2 and 3 of this thread.

chrysophylax

legendary

Activity: 2828

Merit: 1091

--- ChainWorks Industries ---

watching this ...

seems quite interesting ...

#crysx

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

The only problem that I see with Yobit ICO is that they will always burn excess coins.

But I suggest YOBIT ICO for transparency. I have seen UNSPEAKABLE HORROR in this crypto environment. This is why we need proper checks and balances with adequate security measures, even if the DEV makes all the rules.

Brob12321

hero member

Activity: 630

Merit: 500

Quote from: Nightz on March 22, 2016, 05:20:40 PM

Quote from: GREEDYJOHN on March 22, 2016, 05:18:17 PM

Quote from: Nightz on March 22, 2016, 05:14:50 PM

Quote from: GREEDYJOHN on March 22, 2016, 05:09:55 PM

This will be fine, if YOBIT fully understand your terms and conditions. This means that Yobit will sell the ICO coins at 2500 sats, then distribute the leftover in proportion to how much they bought initially,

OR

We pay for ICO and receive coins in proportion to how much we paid, ICO must not exceed 25 BTC.

The second one I made bold of course. which is why I would prefer a Trusted Escrow

Unfortunately, Yobit have their own ICO Rules:

New ICO rules:
- 0%/50%/100% buy wall (ico price)
- 4 days ICO fund holding period (for devs)

I do not see them as strict, I would have 0 issues with that but they would have to listen to mine to

Yeah that may be difficult, I've never heard of any custom arrangements for ICO's on Yobit, and to be honest their support is not wonderful so that may be an issue.

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: GREEDYJOHN on March 22, 2016, 05:18:17 PM

Quote from: Nightz on March 22, 2016, 05:14:50 PM

Quote from: GREEDYJOHN on March 22, 2016, 05:09:55 PM

This will be fine, if YOBIT fully understand your terms and conditions. This means that Yobit will sell the ICO coins at 2500 sats, then distribute the leftover in proportion to how much they bought initially,

OR

We pay for ICO and receive coins in proportion to how much we paid, ICO must not exceed 25 BTC.

The second one I made bold of course. which is why I would prefer a Trusted Escrow

Unfortunately, Yobit have their own ICO Rules:

New ICO rules:
- 0%/50%/100% buy wall (ico price)
- 4 days ICO fund holding period (for devs)

I do not see them as strict, I would have 0 issues with that but they would have to listen to mine to

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: Nightz on March 22, 2016, 05:14:50 PM

Quote from: GREEDYJOHN on March 22, 2016, 05:09:55 PM

This will be fine, if YOBIT fully understand your terms and conditions. This means that Yobit will sell the ICO coins at 2500 sats, then distribute the leftover in proportion to how much they bought initially,

OR

We pay for ICO and receive coins in proportion to how much we paid, ICO must not exceed 25 BTC.

The second one I made bold of course. which is why I would prefer a Trusted Escrow

Unfortunately, Yobit have their own ICO Rules:

New ICO rules:
- 0%/50%/100% buy wall (ico price)
- 4 days ICO fund holding period (for devs)

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: GREEDYJOHN on March 22, 2016, 05:09:55 PM

This will be fine, if YOBIT fully understand your terms and conditions. This means that Yobit will sell the ICO coins at 2500 sats, then distribute the leftover in proportion to how much they bought initially,

OR

We pay for ICO and receive coins in proportion to how much we paid, ICO must not exceed 25 BTC.

The second one I made bold of course. which is why I would prefer a Trusted Escrow

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: Nightz on March 22, 2016, 04:57:24 PM

Quote from: GREEDYJOHN on March 22, 2016, 04:46:04 PM

My suggestion is straightforward:

- Yobit handles the ICO, burns the excess coins and DISABLES withdrawals and trade, even though members will see their balances in their Yobit accounts

- Yobit handles the coin swap, to enable you to conveniently change the algorithm, and also to eliminate the ugly burn address.

- Yobit enables withdrawals after the coin swap. You now have a clean coin, a clean block explorer (no ugly burn address) on a clean exchange = 3 birds killed with one stone.

1. Yobit could handle it yes but it would be on my terms too, which would be.

There is no minimum price (I will remove the 0.000025 per 1 coin from the Ann too)

The 1,000,000 coins will all be sold, 0 burnt.

If we hit 25btc then the ICO has to be stopped (Will not except anything over 25btc

If we do not hit 25btc then the ICO will continue to run the Full 5-7 days then it would be BTC raised / 1,000,000 ZNP to get the base price of ZNP

To me those terms are not hard to adhere too if I have to stick to their terms

This will be fine, if YOBIT fully understand your terms and conditions. This means that Yobit will sell the ICO coins at 2500 sats, then distribute the leftover in proportion to how much we bought initially,

OR

We pay for ICO, then wait till the end of the ICO period (5 -7 days later) to receive coins in proportion to how much we paid, ICO must not exceed 25 BTC.

Unfortunately, YOBIT have their own ICO rules:

New ICO rules:
- 0%/50%/100% buy wall (ico price)
- 4 days ICO fund holding period (for devs)

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: GREEDYJOHN on March 22, 2016, 04:46:04 PM

My suggestion is straightforward:

- Yobit handles the ICO, burns the excess coins and DISABLES withdrawals and trade, even though members will see their balances in their Yobit accounts

- Yobit handles the coin swap, to enable you to conveniently change the algorithm, and also to eliminate the ugly burn address.

- Yobit enables withdrawals after the coin swap. You now have a clean coin, a clean block explorer (no ugly burn address) on a clean exchange = 3 birds killed with one stone.

1. Yobit could handle it yes but it would be on my terms too, which would be.

There is no minimum price (I will remove the 0.000025 per 1 coin from the Ann too)

The 1,000,000 coins will all be sold, 0 burnt.

If we hit 25btc then the ICO has to be stopped (Will not except anything over 25btc

If we do not hit 25btc then the ICO will continue to run the Full 5-7 days then it would be BTC raised / 1,000,000 ZNP to get the base price of ZNP

To me those terms are not hard to adhere too if I have to stick to their terms

2. But I can do that right now without launching saving all that hassle of swapping and getting rid of some burn address

3. Again why do I need a swap when I can do it right now without injuring any party

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: Nightz on March 22, 2016, 04:37:53 PM

Quote from: GREEDYJOHN on March 22, 2016, 04:32:34 PM

What I suggest is that:

- We use YOBIT ICO to guarantee transparency

- That YOBIT does not allow withdrawal of coins throughout the ICO process.

- I suggest a coin swap through YOBIT, immediately after the ICO. This will help to eliminate the ugly burn address of leftover coins, and could also help with algorithm change, if necessary.

- We kill 3 birds with one stone by using YOBIT ICO:
  # Fair ICO
  # Coin-swap
  # Getting on an exchange.

I have been nothing but transparent so far mate.

And the way you suggest could be good but to me it's just a ugly way to get things done.

If I have a block ex upon launch with a trusted escrow person what would be the issue It shows Transparency and trust as it is not only you Who wants trust but me too. I will happily let someone like EARLZ or something do a code review too to help with the transparency.

My suggestion is straightforward:

- Yobit handles the ICO, burns the excess coins and DISABLES withdrawals and trade, even though members will see their balances in their Yobit accounts

- Yobit handles the coin swap, to enable you to conveniently change the algorithm, and also to eliminate the ugly burn address.

- Yobit enables withdrawals after the coin swap. You now have a clean coin, a clean block explorer (no ugly burn address) on a clean exchange = 3 birds killed with one stone.

Nightz

hero member

Activity: 1302

Merit: 504

Quote from: GREEDYJOHN on March 22, 2016, 04:32:34 PM

What I suggest is that:

- We use YOBIT ICO to guarantee transparency

- That YOBIT does not allow withdrawal of coins throughout the ICO process.

- I suggest a coin swap through YOBIT, immediately after the ICO. This will help to eliminate the ugly burn address of leftover coins, and could also help with algorithm change, if necessary.

- We kill 3 birds with one stone by using YOBIT ICO:
  # Fair ICO
  # Coin-swap
  # Getting on an exchange.

I have been nothing but transparent so far mate.

And the way you suggest could be good but to me it's just a ugly way to get things done.

If I have a block ex upon launch with a trusted escrow person what would be the issue It shows Transparency and trust as it is not only you Who wants trust but me too. I will happily let someone like EARLZ or something do a code review too to help with the transparency.

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

What I suggest is that:

- We use YOBIT ICO to guarantee transparency

- That YOBIT does not allow withdrawal of coins throughout the ICO process.

- I suggest a coin swap through YOBIT, immediately after the ICO. This will help to eliminate the ugly burn address of leftover coins, and could also help with algorithm change, if necessary.

- We kill 3 birds with one stone by using YOBIT ICO:
  # Fair ICO
  # Coin-swap
  # Getting on an exchange.

Topic: [PRE-ANN][ZNP] ZonePay ICO POW/POS 30 sec blocks Masternodes [ZNP][PRE-ANN] - page 2. (Read 6416 times)