Topic: *** *** VLT TOKEN SWAP IS LIVE *** *** VELTOR | ALVALOR discussion *** *** (Read 4601 times)

Is Alvalor only being traded on Yobit? Very low daily volume in this exchange. And I also have this doubt, this low volume and why Alvalor is dead?

I'm going to respond only once to this kind of nonsense. We don't control the market. People hyped the project and dumped when they didn't like the ICO news. Some of them try to shift the fault to the Veltor team because they made a bad judgement call. No one from the team dumped. We are probably the biggest bagholders of all. However, we know there is a lot of value in the coinswap, so we're good. A word of advice: don't blame others for your mistakes and take responsibility for your own decisions.

I guess veltor is dead?

It's coming soon.

Did you already swap the coins?
I checked my ethereum address. I didn't get any alvalor.

Trying to swap my veltor on my desktop wallet but can't sync to network?
Is network dead already?
Anyone want to keep it long enough so I can swap?

addnode 144.76.237.39 add

addnode 217.182.138.167 add

addnode 18.195.124.106 add

144.76.237.39:31415
217.182.138.167:31415

If i do the swap, when i am going to have the tokens in my mew?

No new sell orders for 5 hours now... the supply has ran dry.

Here is a detailed overview on how we are distributing the Alvalor token supply:
https://medium.com/alvalor/alvalor-token-distribution-b65fae2a819

Devs stated that the burn addresses are gonna be made public. Already 2/3 Veltors of total supply are swapped for Alvalor. Swapping can be done until the 31st of January!

All the swapped VLT will be destroyed.

Yet the market on yobit hasn't budged.  Are the VLT tokens being swapped going to be burnt or at least pooled into a common address?  I would assume so.  It would be nice if that address were to be posted publicly.  Considering the history of VLT, some reassurances that no shenanigans are taking place would be much appreciated.

The swap is a succes. Already 189k VLT tokens are swapped.

Remaining supply is 365k VLT.

Alright. The Veltor to Alvalor swap is now seriously close. See below the video with the instructions.

ETA: Tomorrow.



Alvalor Token allocation:


20% goes to Veltor holders who swap.
20% will be airdropped to ETH holders
20% will go to the team
40% will go to the project (bounties, development, research, etc.)


There will be no ICO. So there are two ways to get a 1% share of the new Alvalor token:


1. get 5% of all Veltor tokens.
2. get 5% of all ETH tokens.

Dual blockchain? I don't think i understand what you mean. Alvalor has really nothing to do with Veltor now or later.
But yeah, they can coexist in same way any coin can coexist with it.
And about community backing the coin; with airdropping to eth holders, community can be huge.
I am all for Alvalor and can't wait to get rid of my Veltor for it. But you do as you wish. I haven't seen any developer stepping up for developing Veltor yet.
If someone does, you could win big with it. But this is going to be a one time chance you are getting to swap it.

@o48o must say that I agree, I was thinking the same thing lately.
First yobit is the exchange who is hard to reach so no matter what dev asks them to change they don't listen 100%.
We have situation where was swap for some coin they had listed, after developers contacts them they add new coin but don't remove old one before swap.
For example you still have VEC and VEC2 there.
No matter that there will be avalor, veltor will still be listed there, it will be still possible to mine and maintain.
Leaving veltor and making avalor was very bad decision by the team and now they are trying to fix this but instead they killed complete concept and lost community support.
By now veltor could have huge price so no ICO or in fact anything else would be needed. Right now situation is that team could only play short memory game hoping that everyone here will forget about what happened earlier. Best solution is that dev team made crucial decisions and get back to the supporters here and finally starts listening. Without community support everything will fail. After all veltor and avalor can coexist same way like dual blockchain, same way vericoin and verium exists but with some other approaches.

Can i see a breakdown of the allocation in full??

SO as a veltor holder we will share 20% (better than 5% so thumbs up for that)

Where does the other 80% go?

Why should veltor holders give a shit about ethereum holders being given the alvalor tokens?


Airdrops suck btw makes it look worthless. I thought the entire point of taking 80% away from veltor investors was to raise capital for investment?

Why should veltor holders give a shit about ethereum holders being given the alvalor tokens?

well if that is the case and we are not raising funds with it.... lets 50% to veltor holders and less to ethereum drop

if the tokens were raising funds via btc that would makes sense but giving them for free to eth whales is not so good

An airdrop is the best that can happen for Veltor holders. It will mean that alvalor will be extremely distributed. 95% of the recipients won't have enough funds to find it worthy to put in effort to send it to an exchange.

Anywho, read the vision paper, join telegram and you will realize the potential here.

Can i see a breakdown of the allocation in full??

SO as a veltor holder we will share 20% (better than 5% so thumbs up for that)

Where does the other 80% go?

Why should veltor holders give a shit about ethereum holders being given the alvalor tokens?


Airdrops suck btw makes it look worthless. I thought the entire point of taking 80% away from veltor investors was to raise capital for investment?

We are increasing our allocation from 10% to 20% of Alvalor tokens for the Veltor swap.
This decision has been made due to us abandoning the ICO plans and which is replaced with an Ethereum airdrop.

We are increasing our allocation from 10% to 20% of Alvalor tokens for the Veltor swap.
This decision has been made due to us abandoning the ICO plans and which is replaced with an Ethereum airdrop.

The Veltor/Alvalor swap is happening in 2 weeks. 10% of Alvalor is going to Veltor holders.

Btw I started this Topic, but my Geenstijl account got hacked. So it's no longer in my power t moderate

Guys, what do you think about the ICO? do you think the minimum cap will be reached?

That sounds fair

So this will be similar to Ethereum in some ways scalability wise?

When do you plan on releasing the mobile app and will it be available for iOS?

Yes, you can read all about it here:
https://medium.com/alvalor/alvalor-sunday-update3-d4e0b04ba6a6

Is there an official announcement of the Veltor to Alvalor swap being increased from 5% to 10% yet?

It`s very hard for mine. Need many time for 120 confirmations (2 days). coin is dead?

How i can get this coin? Only buying it? And what is with 120 confirmation is equivalent with 6 confirmation bitcoin?

Hello everyone.

I was positively surprised to be linked to this thread. Thank you for putting in the effort, it is encouraging to see some natural interest from the community.

First, let me correct a few factual errors: we have business partners in legal, finance, audit and marketing. This is financed through personal means for now. The core team, which is evolving organically and subject to frequent changes, is composed of the following people:

- Max Wolter (research & development)
- Alexander Bremin (community & outreach)
- Keller Barnette (economics & finances)
- Ana Maria Zumsteg (marketing & PR)
- Sergii Shumakov (backend development)
- Badr Chaouai (frontend development)

We would love to welcome two more backend developers to our team before we publish the first prototype. That's also when the potential reward is still highest, so please refer anyone you have in mind to us.

We are mostly centered around Luxembourg, where we just opened a new office. Alex & I spend around one week a month in Switzerland to coordinate with our partners there. We will probably open an office in Switzerland as well. After all, you are right: the environment for blockchain projects there is amazing.

We left this forum because of the unfounded scamming allegations and the attempts to damage the personal lives of people involved in the previous Veltor project. We intend to open a dialogue on Alvalor in a new thread once we have delivered real value that can no longer be subject to purely speculative and dishonest accusations.

That being said, we would be happy to talk to you on Telegram, where we make a big effort to be transparent about all aspects of the project: https://t.me/alvalor

Our goal is still to create a minimalist blockchain where we push complexity to the second layer. You might have seen the Plasma white paper by Ethereum and OmiseGo; our approach is quite similar. We also have a few unique ideas on governance, rewards and software design that I think will set our project apart.

Sincerely,
Max Wolter.

Alvalor Foundation

Veltor doesn't have any developer that i know of at the moment, but you can use it to swap for alvalor if i understood correctly

It`s very hard for mine. Need many time for 120 confirmations (2 days). coin is dead?

This would really be excellent. Where did you read?

Did anyone else here read about the 5% to 10% veltor alvalor swap increase?
Excellent news! Looking forward.

https://medium.com/alvalor

Worth reading. Nice things are coming to veltor holders.

As an "investor", you should really be bloody furious about your measly 5% for your "old veltor"...

The Veltor Team have demonstrated that they are a bunch of arrogant muppets who are not worthy of a single satoshi.

This is a blatant money grab....

 

PS: Why the moderated thread? If it's unofficial, you should really open an unmoderated one. While I appreciate your were an old investor, I was as

well. I took a massive loss on Veltor but that's part and parcel of the game. If you opened this thread to try and salvage your "investment", then you really should be hanging your head in shame because the Veltor team are just out to line their own pockets. I know you've done very well with some of your investments. You really should not be shilling for these scammers.

Beggar. Go away, you are a plague to this forum. We need pest control.

https://vwellhealth.com/wp-content/uploads/2012/07/bug-spray.jpg

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