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Bringing the SAE back to life : Barter singapore
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Author Topic: Bringing the SAE back to life : Barter  (Read 7892 times)

Freebieservers

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Bringing the SAE back to life : Barter
« on: February 24, 2016, 11:32:22 pm »

Since the collaboration with Coinomat didn't go as intended, I have decided to re-launch the asset myself.
We will be releasing the product only if we hit our mile-stones. If not I'll just issue a refund.


Freebieservers is proud to bring back the Secure Asset Exchange in a new variant. With the back end of the project being made open sourced by the former dev (kushti), the project has been waiting upon new leadership to take it further and capitalize upon the decentralized asset exchange while ensuring value additions are made.  The new SAE shall be run by the name of "Barter" and aim to create a cross currency asset exchange platform that allows for individuals to buy assets from other currencies, conduct asset to asset trades and initiate exchanges without reliance upon external exchanges. It will also enable new businesses to raise funds from the community, and ensure new members of the community have a user intuitive platform for raising of funds and purchase of assets.
(copied from prior thread)

Project objectives.

Bringing back the SAE to its former variant - with a new front end and server. This is the main objective, and the project will be launched with the same functionality SAE had.
Add cross currency asset exchange with support for Btc, Eth and Nxt
Enable on-platform cross currency exchange
Enable Asset to Asset exchange
Create a user friendly platform for businesses and investors to interact with each other.
Project deadlines
Integration of new front end and v1 launch- 14th March 2016
Integration of cross currency exchange - 21 March 2016
Additional features to make the project a kick-starter hybrid - 7th April 2016


Asset details

Assets issued : 100,000
Asset Price : 20 Nxt each.
Assets Represent a total of 40 percent of profit in the project.
Profits will be derived from deposits, withdrawals and trades conducted on the platform.
Asset id : 16345606434139628711
Asset name : BarterFS


Mile-stones.

We'll begin work on v1 of the project which will be a basic iteration on hitting 250,000 Nxt (12,500 assets sold)
Further additions will be made contingent on how the assets get sold .
If we don't successfully raise the required funds, I'll do a refund of the funds raised.
« Last Edit: February 24, 2016, 11:37:20 pm by Freebieservers »
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TIPSEPL

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Re: Bringing the SAE back to life : Barter
« Reply #1 on: February 24, 2016, 11:42:18 pm »

Will reallocate funds once Coinomat refunds form the previous listing.  Still looks like a good project
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #2 on: February 24, 2016, 11:44:46 pm »

Will reallocate funds once Coinomat refunds form the previous listing.  Still looks like a good project

Appreciate the interest and feedback.

P.s  - How have you been issuing dividends ? Mind sharing ?
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TIPSEPL

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Re: Bringing the SAE back to life : Barter
« Reply #3 on: February 25, 2016, 12:06:08 am »

Through the NXT Client, does everything i have needed so far.  Will be happy to play with the new AE though once built.
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TheWireMaster

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Re: Bringing the SAE back to life : Barter
« Reply #4 on: February 25, 2016, 08:46:54 am »

BTW, do you know how the refund of the coinomat asset will happen? I will also reallocate those funds here, once I get them back. ;)
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #5 on: February 25, 2016, 09:14:59 am »

BTW, do you know how the refund of the coinomat asset will happen? I will also reallocate those funds here, once I get them back. ;)

Large number of people said the same to me.
I think he'll wait until tomorrow and do a refund.
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coinomat

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Re: Bringing the SAE back to life : Barter
« Reply #6 on: February 25, 2016, 09:22:13 am »

BTW, do you know how the refund of the coinomat asset will happen? I will also reallocate those funds here, once I get them back. ;)

Large number of people said the same to me.
I think he'll wait until tomorrow and do a refund.
Actually I'll set a buy wall now. If new devs turn up you can buy the assets again.
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #7 on: February 25, 2016, 09:27:01 am »

BTW, do you know how the refund of the coinomat asset will happen? I will also reallocate those funds here, once I get them back. ;)

Large number of people said the same to me.
I think he'll wait until tomorrow and do a refund.
Actually I'll set a buy wall now. If new devs turn up you can buy the assets again.

Cool
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coinomat

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Re: Bringing the SAE back to life : Barter
« Reply #8 on: February 25, 2016, 09:27:49 am »

Buy wall is set at 3 NXT, so you'll even make a small profit, to compensate for this weird situation.
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #9 on: February 25, 2016, 09:29:14 am »

Buy wall is set at 3 NXT, so you'll even make a small profit, to compensate for this weird situation.

Nice guy Coinomat :)
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TheWireMaster

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Re: Bringing the SAE back to life : Barter
« Reply #10 on: February 25, 2016, 09:31:05 am »

BTW, do you know how the refund of the coinomat asset will happen? I will also reallocate those funds here, once I get them back. ;)

Large number of people said the same to me.
I think he'll wait until tomorrow and do a refund.
Actually I'll set a buy wall now. If new devs turn up you can buy the assets again.

thanks, also for the "extra"... ;)
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #11 on: February 25, 2016, 10:14:28 am »

Okay people have begun purchases :)
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TheWireMaster

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Re: Bringing the SAE back to life : Barter
« Reply #12 on: February 25, 2016, 02:38:16 pm »


Okay people have begun purchases :)

As promised, what I put in the previous asset I moved here. I think it's a great initiative!
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MrV777

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Re: Bringing the SAE back to life : Barter
« Reply #13 on: February 25, 2016, 03:01:09 pm »

Buy wall is set at 3 NXT, so you'll even make a small profit, to compensate for this weird situation.

Thanks, but I have more of the asset to sell then the buy wall had left  :-\
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coinomat

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Re: Bringing the SAE back to life : Barter
« Reply #14 on: February 25, 2016, 03:19:29 pm »

Buy wall is set at 3 NXT, so you'll even make a small profit, to compensate for this weird situation.

Thanks, but I have more of the asset to sell then the buy wall had left  :-\
try again now
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MrV777

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Re: Bringing the SAE back to life : Barter
« Reply #15 on: February 25, 2016, 03:25:55 pm »

try again now

The rest cleared now.  Thanks!!
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SafeFund

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Re: Bringing the SAE back to life : Barter
« Reply #16 on: February 25, 2016, 04:16:52 pm »

Bringing back the SAE is imperative to NXT' success in my opinion. At the moment its hard to use NXT for newbies, and the SAE made it easy.

I would be glad to promote SAE to newbies if it would come back.
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Freebieservers

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Re: Bringing the SAE back to life : Barter
« Reply #17 on: February 26, 2016, 12:42:48 am »

While we are happy to develop it and release it, I am limited in terms of how much focus I can give to the fund raiser as we're also in the launch week of gamebet.gg.
So far the fund raiser has been a slow process. Looking forward to seeing substantial progress over the weekend.
The SAE is imperative to the future of NXT and so far no group has come through offering to build it.
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TheWireMaster

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Re: Bringing the SAE back to life : Barter
« Reply #18 on: February 26, 2016, 07:09:44 am »

Common investors! If we want SAE back we have to help finance this! :)
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TheWireMaster

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Re: Bringing the SAE back to life : Barter
« Reply #19 on: February 27, 2016, 07:13:11 am »


If we don't successfully raise the required funds, I'll do a refund of the funds raised.
What is the deadline for collecting the funds. I really wish you collect what you need, but so far it doesn't look promising also because coinomat has announced in another thread that he will also start creating a clone of SAE...
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