Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 593. (Read 804702 times)

Ok, I will give you another chance to be a reasonable and constructive poster here and I will respond to your comments.

I am upset because everyone here has been having a respectful adult conversation with some great ideas that are pushing Crypti forward. Your post came blaring in with ridiculous giant red font for no apparent reason other than you strive for attention. That is not what this thread is about and I refuse to have it deteriorate. We have been having really constructive and great conversations here and I don't want anything to ruin that.

As per my "threat". It wasn't an unreasonable threat, the reality is, if you had continued trying to hijack the thread with giant red font we would have had to moderate it exactly for the reasons I mentioned above. You can think that makes me immature but I think it makes me a good manager of this community. Either way, I appreciate you switching to something more reasonable.

If you have additional comments that are constructive and provide ideas to fix the problems you mention, I am all for it and would love to hear your thoughts. As long as they stay in a reasonable font.  

Based on my understanding, if you collect under 100btc in IPO. investor will receive  (10%+9%)X0.75=14.25% of total coins.  You dev team will receive  85.75% of total coin plus 100 btc.  

Before you get more upset, explain this to us.

and one more thing make your project looks bad. If you have a goal of 500 btc, That's  a lot of money and investor can't trust you because you may do unethical things to reach the goal (such as invest to yourself).  

PS:
Getting upset and threaten people, Good marketing!!!

OP post updated. IPO time added.
We are working, wait for wallet, we will post it soon.

Fine , due to your upset, i take your advise and won't use bold front.  
but, why you so upset?  Interesting!

and you are trying to threaten me，how mature you are! and it makes your entire post much less reputable and looks like a scamer

It seems strange to me how people feel they will lose money based on how the IPO works.

Look at it this way, your money is gone.

However, the IPO will set a base floor price for the coin. Since the initial investors paid that price it is very reasonable to expect that they will not sell the coin BELOW that price.

The big question is, will anyone buy the coin for that price. The value of something is only what someone will pay for it.

So remember, 100% of any crypto coin you buy is at RISK. Plan to lose it all. If you can't afford to loose it all, don't "invest".

Easy peasy.

What were the parameters of the NXT launch? Was there a BTC limit on the launch? Was there a per investor limit on the launch? Or was it open ended?

Based on the font size and color of this post, I feel as though this is a little bit immature in nature, but as is my policy, I will still try to respond in the event that you might be serious.

For starters, you make a point that I think is relevant, everyone is responsible for their own money and it is their internal decision how they choose to invest it. This goes back to one of my recent posts. As you said, we cannot guarantee investor profits and there is no feasible way anyone could do that.

As per the second part of your statement where you went off a cliff;

The honey comment is an entertaining one and I laughed a little bit so I appreciate that. If you believe we are greedy that is OK. Thank you for having an opinion on the matter but next time, please don't voice it so boisterously on our thread. 20 font in red is a little bit overboard don't you think?

As per the unknown escrow part, are you sure you want to say that? Maxmint is a very well respected and well known escrow on these boards and has done quite a few high profile launches. Your ill-informed comment here makes your entire post much less reputable and much more trolly in nature.

Again, please continue to post your thoughts and ideas here, but please do not do it in Red, 20 font or we will have problems. Thanks!

Sure. But the point is: NXT dev couldn´t know about the succeed of the coin. So you can´t compare before and after launch.

Oh god, please don't tell me you're investing in this coin. Please if you want to ignore someone then just do it, don't spam this thread with announcing it like you do in the Qora thread.

I really don't understand why everyone keeps throwing out the word greedy. As an investor, you are being rewarded with stake in the currency at the early stages for your support of future development. But, the current developers are responsible for ALL current development up to this point on their own dime. I think the people who put in the sweat and tears to make this thing a reality deserve some credit here. Without the development team, nothing exists.

Greed on our part isn't the issue here. Asking us to work for months for free with no compensation so that you can profit off of a product we created is greed. I don't think there is any stronger definition of the word. If you think the amount we are holding back for payment is too high, I understand your complaint and disagree.

I'm not trying to be offensive here and I have been very patient, but at this point my answer is simply this; If you disagree with the distribution model, which we have been very open to adjusting and are doing so based on community feedback, then walk. We can't please everyone, we are happy with where we are at, and if 1 or 2 possible investors have to walk for us to launch in the way that we think is equitable, then I guess that is the reality.

We have discussed the distribution ad nauseam in this thread already and explained our reasoning behind the numbers we chose. I also recently posted an update to how we will be scaling the 10% amount based on BTC earned. I think that is as far as we are willing and able to budge on this matter and I think it is a good compromise.

As per your other note, we didn't make it a binding rule that a developer couldn't invest in the launch as far as I know. I wish I had 100 BTC sitting around to invest in anything, lol. I personally have chosen not to invest anything additional because I don't want the coin to end up in the hands of a small number of people and also because I don't have extra holdings right now to put towards the launch. That being said, I can't control anyone else's actions and they will have to speak for themselves.

it will be interesting to see what future of this coin...

Don't invest if you think its not fair. its free market. you should take care of your own money.  

You can't control developers.They set the rules, some of them are greedy . If you want give money to them, thats totally up to you. don't blame dev team.
 Nobody would guarantee investor's profit,think with your own brain before move.    BTW , I can smell your honey.
I won't involved because the the dev team  is too greedy and the unknown escrow with no credit in crypto currency community.

15% to go into your pocket and 10% for development ?   why so greedy ?

And why don't you just invest your BTC at the IPO to get stakes ? (How would we know if you didn't invest another 100BTC and got a final balance of 50% of the total coins? )

Oops! I wasn't involved or around for the NXT launch, I thought I read 21 somewhere! Thanks for correcting me!

You showed yourself that recent launches received 140 & 270 BTC. 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 investors ROI doesn't technically lower based on the amount of BTC we raise. To understand economics and the valuations of Crypto Currencies, you have to understand that the initial valuation of the coin will be a measure of Pre-Sale Funding / 75,000,000 (the investor share). So if we raise 100 BTC, the initial valuation of each coin you receive will be much less, but you will receive more coins. However if we raise 500 BTC, that might mean more investors and therefore you might receive less coins for your share, but each coins value will be much higher based on the initial valuation.

We discussed many different methods of running this funding round and pre-sale and decided that capping the amount each investor could contribute or capping the total amount raised wouldn't be in the best interests of Crypti. In a capped pre-sale, honest investors are hurt by shady individuals investing the maximum amount from multiple wallets, and there is no good way to verify identity in this situation without real world information which most people I think can agree we want to avoid. As far as the total amount raised, based on what I said previously, it will only increase the initial valuation of the coin to leave it open ended and ensure long term development of the coin. Every Bitcoin raised in the funding round increases the valuation of every Crypti once the main net is launched. So those factors level out.

There is not much more I can say to ease your concerns. I know that many will see issues with the distribution we have chosen, the pre-sale rules, even the fundamentals of the coin itself and that is OK. We know everyone isn't going to love the decisions of our team as there are many different personalities and ideas out there. That is why so many differing Crypto Currencies exist.

I personally think that after hashing all of this out among ourselves as a team, we gave it due diligence and decided on what we thought was best for the community and the development of Crypti.

FIMKrypto what is that shit? A NxT copy clone how can they receive +500 BTC it's crazy

There were actually 73 as far as I remember, that said a core group out of these IPO investors has left their day jobs and focused on making NXT one of the leading crypto's as it is now.

We do not expect our pre-sale participants to do the same, hence the raised funds need to suffice for a full-time team dedicated to this cause.

NXT was lightning in a bottle and it's value went up 46x the IPO price almost immediately after launch. Because each of the 21 investors maintained SO much of the currency at launch, their personal wealth at that point skyrocketed. Millionaires were supposedly made in the NXT launch so I don't think they can be used as an example for any other launch. Something like that is very unlikely to happen again.