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Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 545. (Read 804701 times)

hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
Nice to see the project is more likely to be real. Keep working hard and you'll get what you want.

Quote
Ledger can be found here: http://crypti.me:11050/

126801937.029 ? 126 mil Crypti ?

Thanks, will fix now.
legendary
Activity: 1344
Merit: 1000
Nice to see the project is more likely to be real. Keep working hard and you'll get what you want.

Quote
Ledger can be found here: http://crypti.me:11050/

126801937.029 ? 126 mil Crypti ?
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
News announce

Ledger can be find here: http://crypti.me:11050/

There is data only from BTC escrow address. Bter will be added when will provide API for us.

We fixed something UI issues in Wallet. Now we are working on wallet backend to make it more security and stable.

PoS forging will be available for users who sent me passphrase on next week (monday-wednesday).

IPO collected around 200-250 BTC. It's good result for now.
IPO continues, Bter escrow: https://bter.com/trade/crsale_btc . Maxmint escrow: https://bitcointalksearch.org/topic/m.7756916

Custom blockchains

On the end of next week we start work on Custom blockchains.

With next features:
  • Custom blockchains API
  • Integration with Crypti blockchain
  • Data storage
  • Calculations
  • Custom blockchain implementation
  • Appstore in Wallet

And then first apps on custom blockchains, etc...

hero member
Activity: 518
Merit: 500
For those wondering, this is a very early rough pre rough draft of the Foundation Charter.

This hasn't been vetted by all of the team members and is currently in the first draft stage which I am writing. I would love to hear thoughts and feedback on what portions you like, don't like, etc.

I have a lot more to add and it's a definite work in progress, but we wanted to start engaging the community now and allow you guys to comment and help steer the charter.

The ghost blog I setup to post revisions and whatnot has comments allowed to feel free to comment and post your thoughts on what I have so far! Thanks!

http://grexx.ghost.io/the-crypti-foundation-charter/
hero member
Activity: 666
Merit: 500
hero member
Activity: 518
Merit: 500
Well right now we are leveling out for the time being around 225-250 BTC it looks like, so only time will tell if a cap would even be an issue. These numbers are in line with the market analysis and what we discussed internally as probable interest and fund raising amounts and I am really happy with where we are at, being only 2 days in. 

If you are going to set a cap, SET IT NOW.

I agree with other and think 750-1000 is a good cap.

Our goal is to come to an agreement and announce by COB today.
legendary
Activity: 1736
Merit: 1001
Well right now we are leveling out for the time being around 225-250 BTC it looks like, so only time will tell if a cap would even be an issue. These numbers are in line with the market analysis and what we discussed internally as probable interest and fund raising amounts and I am really happy with where we are at, being only 2 days in. 

If you are going to set a cap, SET IT NOW.

I agree with other and think 750-1000 is a good cap.
legendary
Activity: 1736
Merit: 1001
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

WOW are you serious!?
they already collected, two thousand an one hundred and thirty Bitcoins?

will there be an official update on how many btc already is collected?

You don't really need it. You can look at your self on

BTER: https://bter.com/trade/CRSALE_BTC    251 BTC

Maximint: https://blockchain.info/address/1u2FuXyp9BSVKaNA1FidqzTvRsYiGVkn8 2 BTC

legendary
Activity: 1736
Merit: 1001
So guys, I want to buy some crypti, in order for me to do so i need to bu CRsale at btw right? But how can 1 CRSALE be 1 btc?

Thanks

How? Because that's the price. You can buy a decimal part of CRSALE as well.
hero member
Activity: 518
Merit: 500
Well right now we are leveling out for the time being around 225-250 BTC it looks like, so only time will tell if a cap would even be an issue. These numbers are in line with the market analysis and what we discussed internally as probable interest and fund raising amounts and I am really happy with where we are at, being only 2 days in. 

All I can say is we are very appreciative to the people who helped us reach the current mark and look forward to proving our worth and making Crypti a top contender in the Crypto space.

The new Ledger showing amounts invested and amount to be received should be available today (as Crypti mentioned). This will help everyone better manage interest and what their shares will be at current amounts.

The team is also hard at work on the beta wallet and internal node network for testers.
hero member
Activity: 700
Merit: 500
Member of the Crypti Foundation Board of Directors
The DEV is too greedy.
25% were kept by themselves, it's sick.
If they want to get their own share, why don't invest some btc to the ipo.
We all know NXT and qora's dev don't keep any coins freely.


Why don't they invest BTC? Because they don't have to - idiots will pump money into this either way and goofballs will be trading it on the exchange. By taking 25% for themselves right off the top (which makes zero sense - they already make a killing as-is) they just milk even more cash out of this thing when they dump. Whether they kept 25% or 0% wouldn't matter - anybody that will invest in this thing isn't smart enough to care. They might as well keep 50%.

Also, you know the NXT people/etc bought their own shares but what is the difference? At least Crypti is being honest about cheating the system instead of doing it under the table.


Megaman I missed your shit....where is your friend Litoshi? done trolling? seems like you're second guessing....

regarding the 25%~ premine, we discussed it over and over again...this is the model the Dev's chose after sharing their thoughts with us, if that sounds too risky for you its totally understandable, just lay back and consider joining in after the pre-sale.

Cap wise...there is no need to exceed 750 BTC! we went over and approved the budget when 500 btc were estimated, so 750 should be enough and more, you guys have yet to disappoint me and I'm sure you wont start now...Smiley

To be honest, at 1000 Btc and more I'll seriously consider to withdraw my investment and wait to a lower entrance point as it just not worth the risk...

 

I am still here.....  lurking. 

This coin scheme is like watching an egg fall.  Cant wait for the splat!!
hero member
Activity: 546
Merit: 500
The 500 BTC probably came from a comment I made in the first 10 pages of the thread or so. We were having a discussion about caps and I said "If this were a kickstarter, our actual goal would be 250 BTC (that's a really strong mark for us) and 500 BTC is more like the last stretch goal. I would be overly joyed if we managed to even hit the 250 BTC amount.".

The 250 BTC would allow us to get out the minimum and already discussed features. The 500 BTC mark would allow us to reach most of the internal goals we have and get them to market by my estimation. But why shouldn't we strive for better? We created our internal goals based on our internal discussion on what we thought was possible for funding. Additional funding makes our team stronger and allows us to hire new developers, meet our goals faster, and gives us extra to support community projects and new ideas that spring up after we have several months of active network under our belts. Who knows what we will think up 6 months from now and I would rather have additional funding and a buffer for when those great ideas pop up.

That being said, we understand that investors don't want over dilution so we are attempting to find a balance to put as a cap just in case the investments take off and exceed our expectations.

We already put in place the declining 10% to help investors if we reach the 500 BTC mark. We are now, due to overwhelming responses, considering placing a cap for investor confidence and assurance that we won't over dilute. We just need to get the numbers right and make sure that it's going to meet the intended purpose.

 

In my opinion you guys have handled the situation pretty well, some people may have mistook your openness to community opinions as indecision. As investors we'd all like to see Crypti succeed, but we have to protect our investments as well, I've said before that in my opinion 750 BTC would be the maximum cap, anything higher than this would take away a vast amount of profitability for investors.
member
Activity: 78
Merit: 10
hero member
Activity: 546
Merit: 500
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this?

Maxmint's address https://blockchain.info/address/1u2FuXyp9BSVKaNA1FidqzTvRsYiGVkn8

Yep, dzarmush is correct only 2 BTC has been invested via Maxmint.
hero member
Activity: 511
Merit: 500
Boris, Crypti Lead Developer, Lisk Advisor
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

WOW are you serious!?
they already collected, two thousand an one hundred and thirty Bitcoins?

will there be an official update on how many btc already is collected?

It's not working version Smiley
We will post new version today
full member
Activity: 147
Merit: 100
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

WOW are you serious!?
they already collected, two thousand an one hundred and thirty Bitcoins?

will there be an official update on how many btc already is collected?
legendary
Activity: 1806
Merit: 1001
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this?

Maxmint's address https://blockchain.info/address/1u2FuXyp9BSVKaNA1FidqzTvRsYiGVkn8
legendary
Activity: 1806
Merit: 1001
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

2130? Where it came from? There's only 250 BTC invested through Bter and 2 BTC through Maxmint.

hero member
Activity: 546
Merit: 500
Investements wave is over. Devs, name the cap before it's obvious that you won't be able to gather more than 500 btc anyway. Safe your face.

Total BTC Invested:2,130.398
Development fund:  0%
Percentage Bonus:  29%

it was already 2130 BTC.
http://crypti.me:11050/

Hmmm, that doesn't seem possible. Maxmint would have received over 1850 BTC in that case as BTER only has had 250 BTC invested. Maxmint can you confirm this?
hero member
Activity: 518
Merit: 500
Any word on the max cap yet?

If more than 1000 I'm out.

If it's anything more than 750 BTC, I'll rather just sell my CRSale and buy in when it appears on the markets.

We discuss about cap, i think news will be soon.

I out of this shit...

This team is fucked up...

"we need 500 BTC...well, now we don't care, lets be no limit, just invest as many as possible...I see, the community is not happy, lets discuss a cap..."

Wtf is this some kind of game? Let is be like this, no like this, or like this?

Fuck this...the team don't give a shit about this coin...they want as many btc as possible...after they get the money they will give no shit about the coin anymore...

See what happened with DigitalCommerce....


While i agree that changing the terms while IPO has started is stupid, placing the cap is not  Grin

Its not stupid to place the cap, hell its required Smiley
But they are not pros, they handle the things very poorly, they can't stand for one decision...they change the things how they please all the time...well, this started since the coin was announced...
What to expect from them when the coins is released? What happens if a very hard bug heats them... will they go like "hell, fuck this, its too much work for nothing, and we already have all the money..."

I know a lot of people invest only to get out fast on 2x profit, but what will happen with the bagholders placing trust in the coin? they will be burned for sure, almost 100% from what I can see until now...

Few names in the OP and a java wallet that can be developed in few nights is not enough for 250.000$

Anyway...I'm out

You are allowed to comment in this thread and not like us. We have even allowed people here to openly troll or make arguments that made little sense based on our documentation.

But PLEASE, just be respectful to the community when you do it. Try to use proper language and keep it at least partially constructive and pushing the dialogue forward.

Coming in here with F bombs to simply attempt to discredit this project really serves no purpose.

Also, as per some of your comments.

I would challenge anyone who wants to try, build our client and network in 2 nights. If you manage to do so, I've got a job opening for you! :-)

As for our changing opinions? We have adjusted 1 or 2 values slightly based on community feedback prior to the start of the Pre-Sale. We have changed nothing since the actual pre-sale started. We are considering instituting a max cap on investments only because a large majority of the community feels strongly about it.

Would you rather we ignore all of the comments and your opinions?

When you reference bag holders being stuck, well the entire development team won't receive our Crypti for a long time. We are getting fractional portions quarterly over the next year, so in essence, if that is the case, we will be the final bag holders.

As per your initial F bomb laced comment, we never said we need 250, 500, or 1000 BTC. We initially said we could forecast probable investments of 23-143 BTC based on previous similar launches. The community started throwing around numbers like 2000 BTC. We never anticipated making 2000 BTC on this launch. We still don't.

The 500 BTC probably came from a comment I made in the first 10 pages of the thread or so. We were having a discussion about caps and I said "If this were a kickstarter, our actual goal would be 250 BTC (that's a really strong mark for us) and 500 BTC is more like the last stretch goal. I would be overly joyed if we managed to even hit the 250 BTC amount.".

The 250 BTC would allow us to get out the minimum and already discussed features. The 500 BTC mark would allow us to reach most of the internal goals we have and get them to market by my estimation. But why shouldn't we strive for better? We created our internal goals based on our internal discussion on what we thought was possible for funding. Additional funding makes our team stronger and allows us to hire new developers, meet our goals faster, and gives us extra to support community projects and new ideas that spring up after we have several months of active network under our belts. Who knows what we will think up 6 months from now and I would rather have additional funding and a buffer for when those great ideas pop up.

That being said, we understand that investors don't want over dilution so we are attempting to find a balance to put as a cap just in case the investments take off and exceed our expectations.

We already put in place the declining 10% to help investors if we reach the 500 BTC mark. We are now, due to overwhelming responses, considering placing a cap for investor confidence and assurance that we won't over dilute. We just need to get the numbers right and make sure that it's going to meet the intended purpose.

 
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