Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 591. (Read 804702 times)

If you are one of the DEv team, due to your simple minded, this project will be a joke.  i forgive you due to your less of knowledge. please check how N2 distributed.  

https://bitcointalksearch.org/topic/annn2ipo100-posnxt-clonenew-featuresfull-version-available-606233

can't believe you guys are not pretending to be simple minded. you guys axx  !!!!

Yes with a fixed number of coins in circulation there is no way to tell him how many coins he will get. Maybe he didn't understand that the supply was fixed.

Will there be a guide on how to invest with an escrow?

We had set initial distribution to 100 million in circulation. Because of this, we decided to go with an open investment phase. But you are right, if we did not have a set genesis block, we would have probably gone with a fixed rate that varied each week (to allow early investor bonuses). We have proposals for both types from the start and decided to go the other route.

Just fix the rate per BTC and don't limit investments. What is the problem?

(Like 50000 Crypti per BTC) 

Or is the "money supply" chosen before the IPO starts?

Off course Qora will be much better than Kora, i am one of the initial investor of Qora. and i own much more Qora than you. probably.    

Kora is  a copy of Qora, the only thing Kora do better is marketing.

Did you read the initial question that was posed? If so, you would have seen that the person bringing up the issue wanted to know the exact amount of Crypti he would get for his investment. The only way to do that would be to make a limit on investment amount AND total amount so that it could be divided up in order for each investor to know exactly how much they would get for the investment they were going to make. In essence, you would have to say that 1 BTC would get you 250,000 Crypti for instance, and then you would also have to say that because of this, and the fact that the max distribution is 75,000,000, we could sell 300 shares in the launch. 300 x 250,000 = 75,000,000. In order for someone to know exactly what they are going to get, this has to be the method used. That or you have to be willing to adjust the total amount being created in the genesis block based on how many units are sold, which then their stake fluctuates anyways because they might buy 2 shares, so 500,000, but then if we end up selling 500, their 500,000 is now much less of the total.

I don't want to discourage anyone from posting but please ensure you understand the conversation at hand and do your research prior to posting LordHavok. Also, please try to avoid being overly inflammatory for no reason at all.

You could say all you said without promoting Kora, a Qora clone. Qora is and will be better than Kora. This is marketing 

I am gonna invest in this too and hope for the best

Agree,  


GreXX, admit you want most of the money raised before launch,   it's OK , totally legal.

but your pretending make me feel throw up.

very poor marketing already.

dev team count on money raised from IPO, instead of marketing cap grow after IPO from continuing development support and community build.
This is a  RED sign for this project.  very risky investment!!!
 

BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope any developers could work with him to carry out a fair project with strong active community.   maybe you should have a look and learn what  marketing is      https://bitcointalk.org/index.php?topic=620518.0

Translation:

We want to use whatever method gets us the most BTC upfront, becuz after the launch, the expen$e$ start and there is little income for us then

When will the detail of IPO rules be released?

If you set a invest limit of 1 btc per person, why set another limit 250 BTC of fund raise. it could me 10BTC or 100BTC which depend on how much people interested.

you just pretending that not understand. You just want investors compete with each other and only you will be the winner.  
Its ok if thats your plan,  but please admit it. don't pretending plz
your pretending make feel bad for this project.


BTW, there was another person called kora, he is a marketing person but not that strong on IT side.He is collecting 3000 active members on BTT, and hope new developers could work with him to carry out a fair project.  maybe you should have a look.
https://bitcointalksearch.org/topic/ann-ora-nxt-monetary-system-currency-620518

https://bitcointalksearch.org/topic/m.7397337

Well with any commodity, having more, at any given value point will be worth more at that point. You are 100% correct there. However, initial valuation does matter for long term growth and determining what tier of coin you get lumped in with. If we raise 10 BTC and the coin hits the exchanges at 0.0000001BTC, then despite it's merits it will still be considered a dud useless coin no matter what any of us do. A strong initial valuation and funding round shows others that there is strong interest, that the coin isn't going away anytime soon, and encourages them to get in post-launch.

Irrespective of any of that, the only way to guarantee a % to an investor would be to limit the number of people allowed to invest in Crypti and set limits on investment amounts. We investigated this route and internally discussed several methods in which we would give X Crypti for Y investment up to 250 BTC. That is something we decided we did not support. If we set a 1 BTC limit per person and a 250 BTC cap with a ratio of X Crypti to Y BTC, there are a finite amount of spaces in the pre-sale launch to get in on the ground floor of Crypti. We want as many people as desire to do so to be able to be a part of this launch. We decided it would be best to let the market dictate how the pre-sale would unfold.

As said earlier, there will be a public ledger explorer, allowing everyone to see the estimation of how many Crypti they will receive.

That can´t be right.
In a couple of months nobody cares about how much was raised. Then only technology, community and adoption counts.
But it will be a big difference if I own 1% or 0.2%. That´s simple 5 times more.

But that´s not the whole point. I don´t like it to not know how much percent I will get. So it´s investing in the dark.

not worth 500 btc! not even 10 btc actually!

                                   

                                                         Now where is the escrow address?

I don't think NEM's high market cap has much to do with its distribution. It has much more to do with its being started from Nxt community and its asset issued on Nxt AE. Nxt community is the place you can find 1) the most 2 gen crypto fans and 2) lots of money available for investment for 2 gen.

There is no a better place to promote a 2 gen crypto than Nxt community and AE. NEM was benefited by being started from and promoted in the Nxt community and AE.

How to use Escrow, is there any detail now?

You can't claim initial distribution as the sole cause or even gauge it's impact on these valuations or levels of volume based on the number of possible factors that have to be taken into consideration. The two coins are not identical in purpose, features, distribution model, how the IPO was conducted, who provided escrow, or countless other ways. To isolate one particular difference and attribute 100% of the different in volume to that specific event isn't sound. Many factors would have to be considered and analyzed. It could come down to aesthetics of the launch materials, whether or not they took funds in NXT, etc.