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Topic: $XAI Sapience AIFX - Decentralized AI | 11% PoS | PlumeDB,IBTP on Testnet - page 91. (Read 150229 times)

hero member
Activity: 504
Merit: 500
Very disappointing, Dev is being greedy now! He posted 40 BTCs would be ideal, he gets 50 BTCs but yet extended for another week!
hero member
Activity: 924
Merit: 1000
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.

Yeah it's pretty much bullshit, You create an IPO with terms, you change those terms 2 times, because people didn't see it in time

This happens with every single IPO people miss them because they are given a specific amount of time for people to buy in and they dont actively look for it, on the 10th of december even more people who have seen it on december the 8th and 9th will be messaging asking for it to be extended because they didn't see it in time, he already extended it twice so why not ask again, leading to even more people asking than previously.

expect the actual IPO end date to be somewhere in may of 2015
full member
Activity: 225
Merit: 100
Count me in as not a fan of this decision at all.
+1

Some us waited for the last day to invest for a reason.This is quite unprofessional to say the least.
sr. member
Activity: 245
Merit: 250
Count me in as not a fan of this decision at all.
sr. member
Activity: 270
Merit: 250
We've decided to extend this one last time for one more week, due to the many requests received privately asking for more time for a variety of reasons.  Your requests have been answered, and you have one more week to participate!



Will run through December 10, 2014 11:59:59 PM EST.

Thanks to all for all of the support and interest!
legendary
Activity: 1050
Merit: 1000
I think its best not to change any initial crowd fund terms and conditions.
I agree, I am still in favor of burning any unsold coins.  Abacus funded through open buys, as a reward to XQN people for holding, and also to bring some initial buy support.

I'm also a trader and I know I would prefer not to have that "cloud" of unsold coins floating around out there however it is managed, I think it is better for the market to burn them and not have that vagueness/anxiety present.

I agree.
Though, it doesn't hurt to discuss all the options.
sr. member
Activity: 270
Merit: 250
I think its best not to change any initial crowd fund terms and conditions.
I agree, I am still in favor of burning any unsold coins.  Abacus funded through open buys, as a reward to XQN people for holding, and also to bring some initial buy support.

I'm also a trader and I know I would prefer not to have that "cloud" of unsold coins floating around out there however it is managed, I think it is better for the market to burn them and not have that vagueness/anxiety present.
sr. member
Activity: 270
Merit: 250
I have added Sapience AIFX to https://www.CoinWallet.co

Thought it might be helpful as there have been issues with Mega in the last couple of days. If anyone needs a Sapience wallet address for the ICO you can use one from CoinWallet.co and then transfer the coins to your personal wallet once the Mega issues are resolved and you get a local wallet.



That's awesome, thank you!
full member
Activity: 225
Merit: 100
I think its best not to change any initial crowd fund terms and conditions.
legendary
Activity: 1050
Merit: 1000
is there already a solution for the distribution of XAI to XQN holders? Smiley

Maybe it's just me, but I don't know if that idea was definitive. In any case, XQN holders are the 1st to benefit from XAI, since the 1st application case will be for algorithmic trading, feature that will be 1st implemented in the XQN wallet (though naturally having some sort of dependency to the AIFX network).

I posted it in the XQN thread. You can read about it on the Sapience website.
XQN holders will gain some XAI through a buy wall once it's all said and done.
Yep, this is the Abacus Program, and there will be a web application where XQN people can "claim" their stake in XAI once it is on exchanges and Abacus is funded.

maybe this is a little bit crazy, maybe we can use unsold XAI to fund Abacus Program, this will boost both.

I think half the intended use for the program is to provide buy support.

Though, it's not a half bad idea as it frees up a little more funding.

Community input is required.
sr. member
Activity: 392
Merit: 250
www.DonateMedia.org
is there already a solution for the distribution of XAI to XQN holders? Smiley

Maybe it's just me, but I don't know if that idea was definitive. In any case, XQN holders are the 1st to benefit from XAI, since the 1st application case will be for algorithmic trading, feature that will be 1st implemented in the XQN wallet (though naturally having some sort of dependency to the AIFX network).

I posted it in the XQN thread. You can read about it on the Sapience website.
XQN holders will gain some XAI through a buy wall once it's all said and done.
Yep, this is the Abacus Program, and there will be a web application where XQN people can "claim" their stake in XAI once it is on exchanges and Abacus is funded.

maybe this is a little bit crazy, maybe we can use unsold XAI to fund Abacus Program, this will boost both.
legendary
Activity: 1316
Merit: 1000
I have added Sapience AIFX to https://www.CoinWallet.co

Thought it might be helpful as there have been issues with Mega in the last couple of days. If anyone needs a Sapience wallet address for the ICO you can use one from CoinWallet.co and then transfer the coins to your personal wallet once the Mega issues are resolved and you get a local wallet.


legendary
Activity: 1316
Merit: 1000
The dev is highly intelligent / capable programmer but he was clearly hoping for way more initially. Hence the 1 Million coins for sale at 40K sats. Due to current market conditions he probably felt like he didn't have a choice to say that a much lower amount would be acceptable as he probably didn't want to let people down. Let's face it there was no promotion and not much investment. When you consider the work needed to build an artificial intelligence living on the blockchain... do you really think it can be done to the level of quality we all want for just 25 to 40 btc?

To be honest I think completing such an ambitious (and exiting) project will take more than 100 BTC or 200 BTC.

I think the dev. has given us a clue to this in the following comment:

There is indeed an opportunity cost for me, but I am making a big bet that towards 4th quarter of next year after we have the public open source XAI platform up, that I'll be able to put some pro-tools/SaaS in front of it and flip it to a VC/PE in the same way we've seen some other projects play out.  But I think its important to put an open source decentralized platform like this out there first, it changes the dynamics + its disruptive.

I am not sure exactly what this first round of funds will be used for. But I think the important thing here is to get a team of interested parties together to get started on the project.

I think if a framework can be put in place by next year and it works a lot of interest from some heavyweight investors would not be hard to get.
legendary
Activity: 1050
Merit: 1000
It's good to see more crowdfund btc coming in to support this ambitious project.

Really hoping at least 100 btc is raised and that it's extended a second time by an extra week (fingers crossed).

I do understand all the guys that bought in early and want to keep a larger stake by cutting off before other people come in... but surely it's better to have more people invested with a bigger community to create activity (albeit not too many from the start (muahaha)) and at the same time ensuring that the dev has enough funds to keep focused on his work.

What's one more week for a more workable capital?

IMO, not good if we extend again for a week, at 1st week, fail to reach minimum, and now at 2nd week ( 1st extend ) we past 25 BTC minimum needed, also past 40 BTC ideal needed. so we already met the requirements.


What I've seen is exponential growth in regards to the funding and attention XAI has been recieving.
I think one last extension would benefit the Sapience project greatly.
The more funds, the greater the chance of success.
40btc is great, yet I believe we could double that funding, given an extra weeks time.
hero member
Activity: 714
Merit: 500
RISE Project Manager
It's good to see more crowdfund btc coming in to support this ambitious project.

Really hoping at least 100 btc is raised and that it's extended a second time by an extra week (fingers crossed).

I do understand all the guys that bought in early and want to keep a larger stake by cutting off before other people come in... but surely it's better to have more people invested with a bigger community to create activity (albeit not too many from the start (muahaha)) and at the same time ensuring that the dev has enough funds to keep focused on his work.

What's one more week for a more workable capital?

IMO, not good if we extend again for a week, at 1st week, fail to reach minimum, and now at 2nd week ( 1st extend ) we past 25 BTC minimum needed, also past 40 BTC ideal needed. so we already met the requirements.


First week nobody knew about it

Second week towards the end people start to discover and realise the possibilities but like myself don't have time to convert fiat to btc

The dev is highly intelligent / capable programmer but he was clearly hoping for way more initially. Hence the 1 Million coins for sale at 40K sats. Due to current market conditions he probably felt like he didn't have a choice to say that a much lower amount would be acceptable as he probably didn't want to let people down. Let's face it there was no promotion and not much investment. When you consider the work needed to build an artificial intelligence living on the blockchain... do you really think it can be done to the level of quality we all want for just 25 to 40 btc?

One more week will give this project the start it deserves.
sr. member
Activity: 392
Merit: 250
www.DonateMedia.org
It's good to see more crowdfund btc coming in to support this ambitious project.

Really hoping at least 100 btc is raised and that it's extended a second time by an extra week (fingers crossed).

I do understand all the guys that bought in early and want to keep a larger stake by cutting off before other people come in... but surely it's better to have more people invested with a bigger community to create activity (albeit not too many from the start (muahaha)) and at the same time ensuring that the dev has enough funds to keep focused on his work.

What's one more week for a more workable capital?

IMO, not good if we extend again for a week, at 1st week, fail to reach minimum, and now at 2nd week ( 1st extend ) we past 25 BTC minimum needed, also past 40 BTC ideal needed. so we already met the requirements.
hero member
Activity: 821
Merit: 1000
It's good to see more crowdfund btc coming in to support this ambitious project.

Really hoping at least 100 btc is raised and that it's extended a second time by an extra week (fingers crossed).

I do understand all the guys that bought in early and want to keep a larger stake by cutting off before other people come in... but surely it's better to have more people invested with a bigger community to create activity (albeit not too many from the start (muahaha)) and at the same time ensuring that the dev has enough funds to keep focused on his work.

What's one more week for a more workable capital?

Ambitious project like this needs funding else it will run out of $$$ ... maybe dev should escrow the remaining XAI left for future rounds of funding if needed in future (rather than burn) if we cannot hit 200+ BTC?

hero member
Activity: 714
Merit: 500
RISE Project Manager
It's good to see more crowdfund btc coming in to support this ambitious project.

Really hoping at least 100 btc is raised and that it's extended a second time by an extra week (fingers crossed).

I do understand all the guys that bought in early and want to keep a larger stake by cutting off before other people come in... but surely it's better to have more people invested with a bigger community to create activity (albeit not too many from the start (muahaha)) and at the same time ensuring that the dev has enough funds to keep focused on his work.

What's one more week for a more workable capital?
legendary
Activity: 1316
Merit: 1000
Installed on win7 and linux, both clients are showing out of sync but showing 170 blocks. Is this correct?

Yes, it appears that is correct.
hero member
Activity: 504
Merit: 500
Installed on win7 and linux, both clients are showing out of sync but showing 170 blocks. Is this correct?

Yup, I see 170 as well
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