Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 18. (Read 804672 times)

How come the owner names got stripped out of the top two Bter and Polo accounts at live.crypti.me?  

Another question - can we switch from 0.1% fee to 0.1 XCR fee until the Lisk ICO is over?

Because you need to spend money to buy XCR and because the ICO might be a total flop. So you would be spending money today to get something worthless (then be stuck with both worthless XCR and worthless LISK)

Thanks for the reply. What is the 1st week btc bonus you speak of and why does it lower the XCR valuation?

And why aren't people buying up all the crypti below 1300 (or 1130 or whatever) if it is certain they can be exchanged at that rate during the ICO?

So if the conversion will value XCR at 1300 satoshis why aren't people buying up all the sub 1300 satoshi XCR?

Either sell them on the exchange, and those who have low buy orders will chomp them up and convert them to Lisk for a profit. Or wait until the ICO and convert them over yourself.

At a 1300 conversion rate, it seems fair to me (or 1130 considering 1st week btc bonus).

Really fucked everybody who believed in crypti, nice work. Now how the hell do I get rid of all the soon-to-be worthless coins I was holding onto.

Actually he'd still be better off with the conversion even if the ICO goes through the roof, as that extra BTC invested would logically lead to better marketing, better devs, and a much higher price. Or worst case, a ton of buying pressure/interest after the ICO.

The potential problem with the ICO is if it doesn't bring in a lot of BTC. Then XCR people will have a higher stake (at least compared to if the ICO did super well), but not enough volume/interest to cash it out.

Info on their Lisk blog (just google it, I don't like to put links as some can be paranoid about clicking links).

I believe it starts Feb 22, and according to their blog, not all terms are necessarily set in stone. I expect the 1300 rate to be pretty set, however, as they mentioned it before they even put up the more detailed ICO info.

Is there a set date for Lisk ICO and are the XCR conversion parameters set in stone?

Thx.

Actually he'd still be better off with the conversion even if the ICO goes through the roof, as that extra BTC invested would logically lead to better marketing, better devs, and a much higher price. Or worst case, a ton of buying pressure/interest after the ICO.

The potential problem with the ICO is if it doesn't bring in a lot of BTC. Then XCR people will have a higher stake (at least compared to if the ICO did super well), but not enough volume/interest to cash it out.

I would like to develop a DApp, conceptually I have everything ready, and it's something that I could code quite easily, but I still can't get the Environment setup or running. 2 Days is far too little time to develop much of anything however and, if there is no extension to the contest I will not be able to complete the DApp. Unless there is an extension of a month to the DApp contest, I won't be able to provide any submissions.

I would say the best option, would be to give the DApp contest funds back to the donors. The DApp contest was originally meant to entice developers into developing apps for Crypti, but as you can see, there is almost no one working on DApps at the moment or the foreseeable future (with the split/fragmentation to Lisk and whatnot). It would be unfair to the donors to use their funds to promote a dying contest, which didn't pan out the way anyone intended.

@rtrtcrypto - be careful what you wish for, it may come true. There is a very good chance you will end up with much a higher stake with the conversion than you would with 25% airdrop. Lisk will have to raise around 2300 BTC to lower your stake from conversion to what it would be with a 25% airdrop. You're better off with the conversion unless the ICO really goes through the roof.

For the record, Mike and I approached the Lisk team about an Airdrop and a possible way for how it would work. Max had already decided he wanted to go the manner outlined in their blog post instead. Fortunately, the 1300 Satoshi conversion is a favorable rate. We really wanted to avoid the dilution problem, but this is the best option they are going to offer as of right now. If you want to address the issue of the airdrop, you could head over to their chat or their BTT thread and bring it up and propose a possible solution. At the end of the day, what they are offering is a pretty good deal from my perspective.

The Crypti Foundation built what we set out to make and more. I wish we had continued funds and community support enough to market, build a stronger community, and commission some great dapps, but that simply isn't the case. With that being said, keep in mind that anyone can continue Crypti. The tech, website, and all materials will now be 100% open source and the network can easily be run forever if people are willing to run it. A project like this could never have existed without community support and development, and we simply didn't get the support and interest we had expected. Part of that is lack of marketing efforts, part of that is the immense machine that is Eth.

If we were able to go back, there are 100s of things we would probably do differently, but I am still happy with how far we have come and what we were able to accomplish on a fraction of the budget of other projects.

In addition, we need to gauge whether or not there will be any submissions for the Dapp Contest. We have received very little feedback or interest up to this point but I know Wulf mentioned possibly working on something. If we will not have any submissions (which we have only 2 days left), we would like to refund the dapp contest funds to the donors. If you are planning on submitting, please let us know. A quality review board will still be held for any submissions to ensure the quality and relevance of any submissions, but if you are planning on making a submission, we want to honor the commitment we made to the contest. Thanks!