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Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 607. (Read 804704 times)

sr. member
Activity: 398
Merit: 250
SyRenity and Grexx you're doing a great job so far.

Indeed its nobody business telling you guys what to do with your 15%, however its a common practice in any other Start-Up foundation to put a temporary "Lock" on the initial founders share in order to prevent them from selling out too quickly and stop their efforts.

have you considered implementing any such thing? it may help you gain a lot more credibility and make those 15% much more bearable.
hero member
Activity: 756
Merit: 502
The founder must be identified on Crypti as the creator of the network. The identification block includes:

Quote
Crypti Address of the custom network founder
Name of the custom network
Public key for the founding Crypti address
Transaction fee amount, ranging from 0 to 100%, at the discretion of the founder
The founder then signs the hash of this information with his private key. This completes the creation of a custom network.

What the mean of identified, who to identified? Is it too centralized?

The meaning is ownership - the process of creation of a custom blockchain, includes creation of ownership record of this new custom chain in Crypti main chain.
This ownership naturally can be fully anonymous, as it just uses creator main chain address (quite similar to asset owner in NXT).

We will clarify the white-paper a bit, thanks for the notice.
full member
Activity: 189
Merit: 100
member
Activity: 94
Merit: 10
member
Activity: 89
Merit: 10
full member
Activity: 147
Merit: 100
I'm looking forward to Escrow.
sr. member
Activity: 422
Merit: 250
Too centralized.

Only 15% for developers, it's not so much for 8 people.
All the money that we collect via IPO will not be in our pockets, we have many ideas that will be implemented in the custom blockchains and in Crypti, it's need money.
We will post reports on the funds spent each month (include IPO money and post-development part).
MY mean is not to the ipo , is to this coin , in the white paper, it says :
Quote
1) Custom network.

The founder must be identified on Crypti as the creator of the network. The identification block includes:

Crypti Address of the custom network founder
Name of the custom network
Public key for the founding Crypti address
Transaction fee amount, ranging from 0 to 100%, at the discretion of the founder
The founder then signs the hash of this information with his private key. This completes the creation of a custom network.


What the mean of identified, who to identified? Is it too centralized?
hero member
Activity: 627
Merit: 500
Thanks to the replies regarding my questions on the previous page. Will continue to follow. Also, having someone review the code who could vouch for its integrity would be a huge boost to the project - do try to make that happen.

Would you summarize the main goal of the project as the creation of a decentralized ebay of sorts? Do you see the project mainly focusing on a decentralized market place of goods? Or is there also a desire to move to a decentralized exchange of financial assets as well?

Thanks for your time,

newbie
Activity: 52
Merit: 0
看这个新线程,仍然感兴趣
hero member
Activity: 518
Merit: 500


75% (75,000,000) will go to those who invested in the Pre-Sale.

15% (15,000,000) will go to the team that created Crypti.


75% pre sale : crypti to BTC ==> creators
15% to creators
so the team will have 90%: 75% will be sold and 15% will be hold to dump later thats all!

I'm not sure I understand what you are saying so I can't quite try to clarify. Can you try to explain what it is you're saying?

The 15% will be paid out to those who earned it and what they do with it is their business. If they sell it, that is their right just like anyone who buys into the pre-sale can sell their stake whenever they see fit.

Your statement about the team having 90% simply makes no sense to me and I kind of feel like you are trolling. I will give you a chance to respond so in the case that you are not, we can discuss your viewpoint.
hero member
Activity: 756
Merit: 502
how to join the ipo ? Smiley

We will post details in OP and on Crypti site (http://crypti.me/) towards the pre-sale start.
legendary
Activity: 1400
Merit: 1000
sr. member
Activity: 336
Merit: 250
DLISK - Next Generation Coin
hero member
Activity: 756
Merit: 502
SO, 2 weeks to wait for this new coin. Smiley

As they say, "good things come to those who wait" Smiley.

The future pre-sale date is because we want to give the community a working beta, so the community could actually experience Crypti before investing.
hero member
Activity: 756
Merit: 502
75% pre sale : crypti to BTC ==> creators

Please see the OP again regarding how the received BTC will be used:

Quote
Pre-sale funds usage

The raised funds will be set aside for the post-launch development of Crypti. It will be kept in a public account so all transactions could be monitored. It will cover the following:

    Ongoing R&D of new capabilities and features
    Marketing / Exposure
    Refinement of the Wallet, Website, & Exchange
    Bounties & Gifts to support the community
    Other post-launch related expansion as necessary
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
SO, 2 weeks to wait for this new coin. Smiley
sr. member
Activity: 686
Merit: 266


75% (75,000,000) will go to those who invested in the Pre-Sale.

15% (15,000,000) will go to the team that created Crypti.


75% pre sale : crypti to BTC ==> creators
15% to creators
so the team will have 90%: 75% will be sold and 15% will be hold to dump later thats all!
hero member
Activity: 518
Merit: 500
I may be a relative newbie but wouldn't you want to "grow" the 15% you have and that would be "payment" for future development?

It just seems like double dipping to me.

If your employer paid you $60,000 this year and then required you to work for them for the next 5 years for $0 because he believed you should be able to realistically live off of the interest from a high yield savings account, would you keep showing up to work?
hero member
Activity: 756
Merit: 502

Also, this "whitepaper" is not really a white paper at all - the term is being thrown around alot in these forums these days. I see almost no way to evaluate the strength of this protocol on what is provided here.

The technical section is deliberately withheld at the moment, and will be added to the white-paper towards the pre-sale start.
legendary
Activity: 1428
Merit: 1000
I may be a relative newbie but wouldn't you want to "grow" the 15% you have and that would be "payment" for future development?

Then you use the ipo funds for expenses now .

It just seems like double dipping to me.
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