Topic: Surge of Legitimate, Open and Public Projects - NobleNXT Leading the Way (Read 1843 times)

That's the idea. As long as pump and dump groups manipulate exchanges and/or exchanges themselves engage in unregulated practices for their own profit at the outright expense of the customers to scam them, crypto will never take off.

Professionals like Jason Curby are needed in this scene and 2.0 platforms will bring in vast new opportunities for new liquidity to be introduced into the scene from legitimate, established businesses and financial institutions (hedge funds, mutual funds, investment groups and banks, venture capital funds, etc) in a scale that has never been seen before in crypto currency environment.

Those few tens of hundreds of millions will be nothing compared to what 2015 will bring if these professionals are accepted by the mainstream financial circles in 2015.

NOXT stable on the exchanges - Loving the open, public identity dev who gets things done

Cool - Noble looks legit. Hoping 2015 is a better year with a lot more legit projects.

Total Raised: 135BTC

About 130 BTC.

how much did noble raise in the ICO?

Crowdfunding is over, and the prices are steady and well above the crowdfund prices

Of course, it is not too late to join in the party.

2 hours until the crowdfund for NOXT is over. You can scoop up here:

https://poloniex.com/exchange#btc_noxt

nop sorry, you will have to read the paper.

You can pay Australian taxes using noble pay, you can pay to 17k business over Australia with this token,trade precious metals, diamonds and jewelery (all under license of course), buy all brands of giftcards, use the market place, nobl trade (future web platform developed by me)

You can use noxt corporation for crypto currency consulting, publications, regulations, funds escrow and more (all under license of course).

Thats not even a summery, please read it yourself

OK, so what is the point of the noxt corporation? Any company can issue their own asset, so why would someone want to buy assets from a company whose only apparent function is to issue an asset. I'm not asking for a detailed (100+ pages) detailed description of the inner workings. Just a few sentences on what you envision the use case(s) would be. Sorry to interrupt your glorious thread with my lack of intelligence.

"I was simply asking what is the benefit of using a nxt asset tied to a low market cap clone coin rather than a company or individual starting their own nxt/bts/xcp asset."

Rather than which company? which individual?
That is exactly the point - noxt is trying to establish a registered company with it own asset.

If you specify a specific competitor with similar idea I might be able to answer "why noxt" but I don't really understand what you mean by "other companies suggesting their own crypto asset",
Can you provide any examples?

^ This is why we can't have nice things.


That saying has never been more appropriate

At some point, you can't depend on the producers and developers to spoon feed you things you want to hear.....

I would rather appreciate a developer who doesn't assume I am too stupid or lazy to do my own research then anyone who depends on slogans or hype buzzwords in place of actual substance.


You are doing serious investments - if you are asking for serious projects and efforts, you should be prepared to do at least modicum of research and study on your own as well. I hope you realize what you sound like right now.

I'm not going to waste my whole vacation digging through the "white paper". I actually did read through the first ten pages or so a few weeks ago, and didn't see anything substantial, just this oft repeated mantra of being a business friendly crypto backed asset.

I was simply asking what is the benefit of using a nxt asset tied to a low market cap clone coin rather than a company or individual starting their own nxt/bts/xcp asset. If you can't explain the core concept of something in a few sentences, it might just be too convoluted or unnecessarily complex. Thanks for your suggestion to read the white book, maybe someone else can offer a succinct explanation.

'scarcity' by itself does not necessarily impart value.....that's one of the most misunderstood concept. Dev has already made personal financial disclosures (you would know if you checked out noblemovement website). It's getting to the point where your idea of trust just revolves around what you want to feel comfortable with rather than being reasonable.

NobleNXT, once again, is not just an asset - it's an asset that's backed up by what is essentially a start up company with plans (which have already begun with the gathered funds) that aims to create a 'brand name' in a specific direction of business.

Your opinion on the name is 'noted'.


You say there is no 'innovation'. I would much rather impart value and confidence onto realistic, business oriented approach of a developer such as Jason who has already begun the work and has proof to show for it, rather than any hype material that calls itself 'innovative'.


Once again, read the white paper and NOXT ANN thread. Once again, the link is here: https://bitcointalk.org/index.php?topic=841741.0;all

"I still don't see why anyone would want to use noble nxt rather than setting up their own colored coin/nxt asset/bts asset/counterparty asset,"

Of course you don't, you didn't read

It's really more of a book at this point.
http://www.whitepapersource.com/writing/whats-the-ideal-length-for-a-white-paper/

I still don't see why anyone would want to use noble nxt rather than setting up their own colored coin/nxt asset/bts asset/counterparty asset, especially a business. There's no technical innovation, is there? That's what I was asking? Why would someone, particularly a business, want to tie themselves to a nxt asset with a (imo) stupid sounding name? Especially when they could just issue their own asset.

The only point to this venture, as far as I can see, is to get people to burn noble, which in turn probably enriches the dev, because it increases scarcity and he probably owns a fuckton of noble.

I think the crypto being completely against centralization of some sort is a very, very unrealistic idea. Sorry to say, but centralization and focus of some kind in any type of ventures is inevitable.

Also, NOXT doesn't offer to be the next bitcoin 2.0 as far as I can tell - it's a niche, business oriented crowdfunded asset. It has a more specific focus than say bitcoin or litecoin.

Lastly, 'enriching' anyone is a false concept - rather, the crowdfund is already being used to purchase licensing and registration. You would know this if you checked out the NOXT ANN where the progress has been posted by Jason Curby, and saw the documents posted showing registration.

There's the core of the matter - crowdfund is already being used for business expenses EVEN BEFORE THE CROWDFUND IS OVER. Isn't that a vast departure from ambiguous 'business plans' of other scam ipos that doesn't even provide a sliver of proof that the gathered funds are being used to building the project specifically?

He is already head and shoulders above most other projects, with transparency that was provided even before anyone asked for them.



What more do you need? Do you need to chain and tie rofo to your bed post while he works 24/7 for your profit?



Apparently, funding a legitimate, transparent, and honest developer who has so far spent the funds exactly the way he said he would, and provided proof before anyone even asked for them, means you are 'enriching' someone. You need funds to begin a venture. Your benefit as a first investor is that you are getting the first come first serve opportunity to take part in a potentially revolutionary and driven project that can both turn profit and results.

People want projects to turn out good results, but is not even willing to impart a sliver of trust or appreciation towards a dev that has worked on a project with steady dedication, honesty, and dare I say it, honor, since the beginning of 2014 (january to be specific). Even when the shit coin pumpers ignored noblecoin and consequently it was deemed a 'failure' for not being pumped and dumped. Do you believe you can demand all from the developer when you are just sitting on the sidelines? If you are an actual investor, then you may have a place to give feedbacks on the progress  of the project. If you do nothing to help out, and just buy to profit, then your only privilege is having a piece of the pie in a project that you do nothing to contribute towards otherwise.

Of course, they never complain when someone pumps and dumps shit coins as long as they get paid with profit from other buyers (at least during the process - they are saints afterwards).



There are greedy, hypocritical individuals who make no noise when profits are pouring in, and it's certainly not the developer of NOXT.

Let's get some perspective here - these statements critiquing crowdfund by a completely open and public dev that has delivered results even before the crowdfund is over are essentially saying 'do everything I say and meet all my standards, satisfy my sense of comfort or you are a scammer/fraudster/incompetent'.


Read the NOXT ANN, and let's discuss things further if you have questions. Many questions are already answered there along with the whitepaper - and the fact that it is long doesn't somehow magically make it 'less' of a whitepaper. There are, afterall, much more to NOXT than just the techinical specifications and distribution plans.


Make it short, and they scream 'incompetent'. Make it long, detailed, and specifically planned answering all possibilities and future plans, and it gets called 'not a whitepaper'.


Really?  


People throw money at 3000 - 20000 btc 'ipos' that hype and promise profiteering, while paying little heed to legitimate, professional projects that much more deserves funding and attention. If they demand quick profits and dumping on other for profit, that's what the free market will give them.

If you want to see legitimate projects to thrive and honest, professional approach to gain traction, then it would be best to exercise some long term vision and begin supporting them. If your goal is to dump for profit and to hell with anything else - then you get the current state of crypto. A state that will change starting with 2015, and you can either go along with the trend or get left behind.

No, noxt is not a crypto-currency, it is a token (colored coin - nxt asset) that represent a centralized registered company from the brand of noble coin.
This registered company will receive noxt as a payment for its services while keep promoting noble coin as a decentralized crypto-currency solution.

When all noxt are sold back to owner (all used to buy services from him) - he will issue a new cycle with a new colored coin, while some portion of every cycle will include burning nobles to receive those tokens.

First 5 pages provides a very good summery (lots of pictures don't be lazy please )
https://www.noblemovement.com/noxt/Noble-Corporate-Colored-Coins-1-8.pdf

Every cycle will have it own targets. you can see the current cycle goals here (Some already done, see here https://bitcointalksearch.org/topic/m.9964123):

So what you're saying is that it's crypto backed by a centralized institution (a registered company)? This has been done before, and it usually ends up being a scam (MidasCoin, PayCoin, UI3 coin or something). I'm not saying this is a scam, but I still don't really see what purpose it serves, besides enriching the centralized institution/registered company that everything revolves about.