Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 576. (Read 804701 times)

kind of missing all the trolls that were here.....seems like the Dev's shut them up...i'll bet Megaman and Lithoshi both will invest couple of BTC.
well done guys it's just looking better and better !! cant wait till the 7th!ßß

All our issuance is based on BTC, so unfortunately NXT owners will have to convert to BTC first.


As per max market cap, we considered it as well, however eventually reached a conclusion it's best to let the market decide. Limiting to max market cap is not fair to any potential late buyers, and alternatively trying to re-balance and refund everyone with excess funds at the end of pre-sale will be quite a difficult task with a high margin of error.

That said, Dgex quite successfully prevented high-worth NXT individual from purchasing a non-proportionally large amount of FIMK stake, and we believe same safeguards will be the solution for Crypti pre-sale.

So will people be able to buy crypti directly with Nxt? I hope there will be no price difference as done by maidsafe for mastercoin, since this could cause some serious problems.

Regarding the cap, have you considered setting a max pre-market cap/valuation so as to avoid over dilution which will not be in the best interest of your investors? As user crypti pointed out, 300-500 btc cap would constitute a good entrance and opportunity for investors, but I don't think >1000 btc will be in their best interest. With the additional escrow option for Nxt users I think there is a reasonable scenario in which >500 btc could happen. Since your interest will be covered anyway if this will happen(you would reach your target for development), do you have any thoughts on that?

 Great. 2000 BTC is not a dream. lets playing.

Some exciting news and updates (the thread OP will be updated later):

Dgex will participate the pre-sale as an escrow platform, in addition to Maxmint! Buyers will be able to either use their BTC / NXT balances (converting to BTC), or deposit and buy from the platform (with experience similar to FIMK IPO).

With this addition we hope to cater both to BTC and to NXT owners, the two crypto projects that we highly respect.


Cap per buyer of 10% will be introduced! Following community calls to ensure fairer distribution, we have decided to introduce a maximum buyer cap of 10% total funded, refunding any extra BTC received in the end of the process. Dgex will assist in this with their platform, and we are discussing possible methods with Maxmint.


Vesting for 15% + 0-10% (pending raised amounts) details are nearly agreed, we will post the exact details later with thread OP update.


With these changes, we hope the community will be even more assured in the quality of the project and the launch team joint commitment to it's success.

Around 7 July, i will post date soon. Leave your email: http://crypti.me. I will notify you.

when the IPO will begin?

Let me see if I can clear up a few of your questions.

The pre-sale looks like it will be starting possibly July 7th. This is to finish the final touches on the details of the escrow options. I say options because we are actually working on a second pre-sale escrow option that I think will be a good thing.

The wallet is working and staking for users is hopefully going to be ready when the updated wallet is released in about a week. However, no one has to immediately invest and we will understand if you want to wait to see a little bit more. I would encourage those users who want to invest for the max bonus but want to know a working wallet will be released, use the Escrow services we will be providing as options. This will allow for checks and balances on your investments.

As per the question about refunds for milestones. We will make an announcement about our decision on vesting soon. Right now we are discussing having the release of development funds tied to certain blocks or accomplishments and managed by an escrow agent. The only complication here is ensuring that if we did this, we would need to maintain enough funds for developing the post launch projects and features we have already discussed. This is harder to work out than you might think with multiple developers and team members involved and multiple planned projects and features that will require funds available for bounties and such.

Again, we will make an announcement with exact terms base don our decisions as soon as possible. We understand everyone is anxiously awaiting but we want to make sure we do this right and as fair for all parties involved as possible.

As his real name and IP was provided, I don't see any other reason but trolling behind the question of other avatars.

Edit:
Excuse me, not trolling. But rather the inability to see a genuine coin project.

Comparing this with cryptometh, stackcoin and other copy/paste projects shows a severe lack of insight.

He gave you his real name and his ip address.. which seem much more important than previous forum avatar(s) and is much more than most "devs" do.

Might as well give your previous avatars, though, if it will quell Litoshi's incessant nagging.

But my question was:

What other avatars have you used in this forum?  There have been many many coin scams and disappearing devs in the past year.  Before I invest, I would like to know what other avatars you have used, and what other coins you have launched.

True. There is no bad publicity!

No, you can install local wallet. It's part of PoT forging.

No local wallet? Online wallet only?

Fixed, 7 July.  Sorry.

Isn't it pretty easy?
You don't like it, don't invest.
I'm pretty sure you will though. And you hope you will be one of the few who do.

11 months from now? Also - I'm confused here. So people have to buy shares of the IPO weeks before there is even a working wallet? Also, I'm assuming we will get to see a demo of all of the planned projects before investing? Is there a refund to investors if you don't reach a milestone? I'm confused by the whole thing I guess.

Not yet. I think around 7 July. Provide your emails: http://crypti.me . I will notify your about date and in IPO start day.

is ipo open?

when will start?