[XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 518.

xtester

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Quote from: SyRenity on July 16, 2014, 10:37:19 AM

Quote from: ?? on ??

So... is it obvious yet that you should have listened to me saying NOT to place a cap? Wink

We are very happy with what Crypti has raised

. With an efficient and lean Foundation, these funds can propel Crypti to become the leading eCommerce crypto out there.

I think 750 btc was a good call. This is huge amount of money and if one knows how to manage it efficiently, I think wonders can happen.

PilotofBTC

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I'm curious, by what measurement would you consider yourself the "top" crytpo coin?

Are you talking about market cap, or number of transactions per hour, or number of merchants accepting the coin?

xtester

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Quote from: dzarmush on July 16, 2014, 12:29:43 PM

Surprisingly few trolls here and I haven't seen any for the last few days. I guess they just have nothing to troll about, Crypti is too damn good and solid.

Seems like the trolls have been converted. Cool

xtester

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Quote from: GreXX on July 16, 2014, 12:16:42 PM

Quote from: pabloangello on July 16, 2014, 11:41:32 AM

Can I ask devs how and when some of the 750BTC that they got will be used for Crypti promotion/marketing? Will it include some TV or Radio or just youtube commercial?

Currently the focus of our development team is getting the mainnet, node, and custom blockchain functionality ready asap. For the rest of us, we are hard at work finalizing details of the actual launch and I am working hard to draft a consensus Foundation charter that we can use to drive Crypti towards the future. I have a 2nd draft that is a revision of the structure from the first one and I am really excited about it but we are still hashing out a few items.

As far as Marketing, Promotion, and what we have planned for post-launch, we really can't declare a whole lot yet. We want to get the Foundation in place, get the community members nominated and voted into place, and then allow the Board of Directors to vote on expenditures. We want this to be a community driven project as much as any out there and the elected community members will have as much of a say on the Board as we do.

Bottom line, we didn't want to launch and then immediately start blowing money left and right counter to what we have been saying all along about the Foundation. We believe in the future of Crypti and we have a long term approach to our development timeline and growth. That means we will need to smartly manage our spending to ensure we meet our development goals. Let me be clear on this, our main goal is to continue to develop, build, and explore services, applications, and features of the Crypti Network and Protocol that will grow our community and bring more market demand and life to the Crypti Network. We have a ton of really strong development goals that I know everyone will be excited about.

I STRONGLY believe that when the community starts to hear our ideas, see the progress being made, and witness the growth of Crypti, we won't need to market. Crypti will market itself.

Our goal isn't to be just another Altcoin.

Our goal isn't to be the 10th best Altcoin.

We understand dethroning Bitcoin is an almost insurmountable goal (so we won't start that discussion for another year or so.) Wink

But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

Sounds fair enough.

xtester

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Risk taker & Black Swan farmer.

Quote from: SyRenity on July 16, 2014, 10:11:47 AM

Quote from: samsmith16 on July 16, 2014, 10:04:54 AM

0.00000001 Crypti = ?

Cryptoshi?

I think Cryptoshi sounds quite good.

dzarmush

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samsmith16

sr. member

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Quote from: GreXX on July 16, 2014, 12:16:42 PM

Our goal isn't to be just another Altcoin.

Our goal isn't to be the 10th best Altcoin.

We understand dethroning Bitcoin is an almost insurmountable goal (so we won't start that discussion for another year or so.) Wink

But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

Fack YEAH!!! Gets me so pumped!!!

Quote from: samsmith16 on July 16, 2014, 07:59:58 AM

I feel bad for ppl who just found out about Crypti to late and will miss out on all the excitement up to Aug. 10th

So even though I would look at it like a loss Undecided

I would be willing to let you have one of my tokens

1 CRSALE per sale token for 500 BTC

Makes me feel like I would regret 1 CRSALE for 500 btc, sooner then laster!!

and anyone have anymore thoughts out there on this??

Quote from: samsmith16 on July 16, 2014, 10:04:54 AM

Hey guys not sure if this has been covered yet but seeing how Crypti will i'm sure hit a pretty good price soon after launch. Have we come up with an 8th decimal place term yet? Like Bitcoin and the satochi?

0.00000001 Crypti = ?

are we going micro? it just seems micro is so boring...

josephliton

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Quote from: SyRenity on June 16, 2014, 10:08:06 AM

Important update
The pre-sale total cap of 750 BTC has been reached.
We are grateful to the community for the chance it has given us to make the Crypti vision come true!

Bter has frozen the CRSALE orders to avoid additional transactions over the 750 cap. The CRSALE orders will be re-opened in case of re-funds.
Maxmint still receives funds, which will be used in case of Bter re-funds, using their transaction time in blockchain to calculate the bonus and synchronize with Bter buys.

What's next?
We will continue working hard both on Crypti technology and business development, posting here tangible results periodically.
Moreover, we will use this period to finalize the Foundation charter and establish the Foundation from Crypti launch team and community members, and finalize the remaining materials (white-paper, ledger, site, etc...).

Once the August the 10th arrives, we will officially launch Crypti mainnet, and start distributing the genesis block to buyers.

Demo version issues
Please report any issues to Crypti github, so our team could handle them efficiently:
https://github.com/crypti/crypti-public/issues

Crypti pre-bonus price

Quote from: Bitseed

Here is a table showing average price per Crypti in BTC. This does not include bonus credits, so the actual price paid by an investor may very depending on when an investment is made and the volume of investments before and after on different dates.

Total Investment, BTC   2% Limit per Investor   Price per Crypti, BTC   Crypti distributed   Crypti per BTC

750       15.0     0.0000075    85,000,000    113,333

notes:
price per crypti includes developer shares.

Well done.

dzarmush

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Quote from: Primitive on July 16, 2014, 12:23:03 PM

Quote from: GreXX on July 16, 2014, 12:16:42 PM

Quote from: pabloangello on July 16, 2014, 11:41:32 AM

Can I ask devs how and when some of the 750BTC that they got will be used for Crypti promotion/marketing? Will it include some TV or Radio or just youtube commercial?

Currently the focus of our development team is getting the mainnet, node, and custom blockchain functionality ready asap. For the rest of us, we are hard at work finalizing details of the actual launch and I am working hard to draft a consensus Foundation charter that we can use to drive Crypti towards the future. I have a 2nd draft that is a revision of the structure from the first one and I am really excited about it but we are still hashing out a few items.

As far as Marketing, Promotion, and what we have planned for post-launch, we really can't declare a whole lot yet. We want to get the Foundation in place, get the community members nominated and voted into place, and then allow the Board of Directors to vote on expenditures. We want this to be a community driven project as much as any out there and the elected community members will have as much of a say on the Board as we do.

Bottom line, we didn't want to launch and then immediately start blowing money left and right counter to what we have been saying all along about the Foundation. We believe in the future of Crypti and we have a long term approach to our development timeline and growth. That means we will need to smartly manage our spending to ensure we meet our development goals. Let me be clear on this, our main goal is to continue to develop, build, and explore services, applications, and features of the Crypti Network and Protocol that will grow our community and bring more market demand and life to the Crypti Network. We have a ton of really strong development goals that I know everyone will be excited about.

I STRONGLY believe that when the community starts to hear our ideas, see the progress being made, and witness the growth of Crypti, we won't need to market. Crypti will market itself.

Our goal isn't to be just another Altcoin.

Our goal isn't to be the 10th best Altcoin.

We understand dethroning Bitcoin is an almost insurmountable goal (so we won't start that discussion for another year or so.) Wink

But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

awesome! can't wait guys.

ignore the trolls, take your time, and build something great.

let us know how we can help and be involved!

Surprisingly few trolls here and I haven't seen any for the last few days. I guess they just have nothing to troll about, Crypti is too damn good and solid.

Primitive

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Quote from: GreXX on July 16, 2014, 12:16:42 PM

Quote from: pabloangello on July 16, 2014, 11:41:32 AM

Can I ask devs how and when some of the 750BTC that they got will be used for Crypti promotion/marketing? Will it include some TV or Radio or just youtube commercial?

Currently the focus of our development team is getting the mainnet, node, and custom blockchain functionality ready asap. For the rest of us, we are hard at work finalizing details of the actual launch and I am working hard to draft a consensus Foundation charter that we can use to drive Crypti towards the future. I have a 2nd draft that is a revision of the structure from the first one and I am really excited about it but we are still hashing out a few items.

As far as Marketing, Promotion, and what we have planned for post-launch, we really can't declare a whole lot yet. We want to get the Foundation in place, get the community members nominated and voted into place, and then allow the Board of Directors to vote on expenditures. We want this to be a community driven project as much as any out there and the elected community members will have as much of a say on the Board as we do.

Bottom line, we didn't want to launch and then immediately start blowing money left and right counter to what we have been saying all along about the Foundation. We believe in the future of Crypti and we have a long term approach to our development timeline and growth. That means we will need to smartly manage our spending to ensure we meet our development goals. Let me be clear on this, our main goal is to continue to develop, build, and explore services, applications, and features of the Crypti Network and Protocol that will grow our community and bring more market demand and life to the Crypti Network. We have a ton of really strong development goals that I know everyone will be excited about.

I STRONGLY believe that when the community starts to hear our ideas, see the progress being made, and witness the growth of Crypti, we won't need to market. Crypti will market itself.

Our goal isn't to be just another Altcoin.

Our goal isn't to be the 10th best Altcoin.

We understand dethroning Bitcoin is an almost insurmountable goal (so we won't start that discussion for another year or so.) Wink

But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

awesome! can't wait guys.

ignore the trolls, take your time, and build something great.

let us know how we can help and be involved!

SyRenity

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Activity: 756

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Quote from: Hueristic on July 16, 2014, 12:01:20 PM

Or, Add the extra BTC as BTER BUY orders for coin launch in order received if purchasers wish. That way they will not lose their place in line and will be first in line for buy orders at initial price.

Currently it's possible to send BTC to Maxmint, in order to be added to the waiting list (with bonus applied for the moment of transaction, recorded in block-chain).

Hueristic

legendary

Activity: 3836

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Doomed to see the future and unable to prevent it

Quote from: GreXX on July 16, 2014, 12:16:42 PM

...But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

Lofty aspirations, I like that.

GreXX

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Activity: 518

Merit: 500

Quote from: pabloangello on July 16, 2014, 11:41:32 AM

Can I ask devs how and when some of the 750BTC that they got will be used for Crypti promotion/marketing? Will it include some TV or Radio or just youtube commercial?

Currently the focus of our development team is getting the mainnet, node, and custom blockchain functionality ready asap. For the rest of us, we are hard at work finalizing details of the actual launch and I am working hard to draft a consensus Foundation charter that we can use to drive Crypti towards the future. I have a 2nd draft that is a revision of the structure from the first one and I am really excited about it but we are still hashing out a few items.

As far as Marketing, Promotion, and what we have planned for post-launch, we really can't declare a whole lot yet. We want to get the Foundation in place, get the community members nominated and voted into place, and then allow the Board of Directors to vote on expenditures. We want this to be a community driven project as much as any out there and the elected community members will have as much of a say on the Board as we do.

Bottom line, we didn't want to launch and then immediately start blowing money left and right counter to what we have been saying all along about the Foundation. We believe in the future of Crypti and we have a long term approach to our development timeline and growth. That means we will need to smartly manage our spending to ensure we meet our development goals. Let me be clear on this, our main goal is to continue to develop, build, and explore services, applications, and features of the Crypti Network and Protocol that will grow our community and bring more market demand and life to the Crypti Network. We have a ton of really strong development goals that I know everyone will be excited about.

I STRONGLY believe that when the community starts to hear our ideas, see the progress being made, and witness the growth of Crypti, we won't need to market. Crypti will market itself.

Our goal isn't to be just another Altcoin.

Our goal isn't to be the 10th best Altcoin.

We understand dethroning Bitcoin is an almost insurmountable goal (so we won't start that discussion for another year or so.) Wink

But if we aren't in the discussion for top 2 or 3 Crypto Currencies 12 months from now, we will be horribly disappointed.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Or, Add the extra BTC as BTER BUY orders for coin launch in order received if purchasers wish. That way they will not lose their place in line and will be first in line for buy orders at initial price.

pabloangello

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Can I ask devs how and when some of the 750BTC that they got will be used for Crypti promotion/marketing? Will it include some TV or Radio or just youtube commercial?

Litoshi

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Member of the Crypti Foundation Board of Directors

The solution to the over investment in the presale is simple:

1) divide the 85 million CRYPTI coins among the 750 shares as agreed in the OP. This will then result in approx 113,000 coins per share.

2) the extra 10 shares purchased over the 750 cap, and not resold or a refund requested before the launch by the investor will be purchased at the price of 113,000 coins per share by the remaining 15 million coins held by the devs.

......................WIN/WIN................

Relaxedsense

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Quote from: MadAlpha on July 16, 2014, 10:30:06 AM

For people who are suggesting "bending the rules" a bit: Of course the terms of the sale need to be honored, including the 750 BTC limit, and probably also the cutoff date. People have invested a huge amount of money according to some set terms, you can't just change them on a whim and make them up as you go. Doing something like that would hurt the credibility of the whole coin. If figures aren't exact and 750 BTC could become 760 BTC, what about other figures in the project? Could the maximum supply of Crypti suddenly become 105M instead of 100M as well?

Sorry if anyone feels like they were "left out". This was the first IPO I was part of, so I have been "left out" of hundreds before (and will be "left out" of hundreds in the future). The world of Crypto is a wonderful place, and there is a new opportunity just around the corner.

Also, it is not set in stone that the IPO investors will make a profit. There is Risk too (not just Reward). A coin based on new source is much more risky than a clone based on a proven/tested source.

My linguistic skill are not as good but yeah, THIS

pandher

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