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Author Topic: [ANN] [NXTCS] callback service / payment notifications for deposit processing  (Read 4349 times)

xchrix

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NXTCS is a callback service for developers. We will watch your account and call your defined URLs at specific events like receiving payments. You get all infos for processing in a JSON posted to your script.

Website: http://www.nxtcs.com/
NXTCS Asset ID: 12658817572699179955

Announcement
NXTCS is happy to support the SuperNET and to show its appreciation for the SuperNET community it will be dividending out 5% to SuperNET assetholders
500,000 NXTCS = 0.6127 NXTCS per SuperNET

Technical discussion: https://nxtforum.org/nxt-projects/nxtpn-payment-notifications-for-deposit-processing/msg149505/#msg149505

whatnxt

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Hi xchrix

Welcome the the Asset Board.

First questions:
Do you intend to pay a dividend?
If so how is the call back service going to get paid?
If not, is this really a crowd funding for development?

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prometheus

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Hi xchrix

Welcome the the Asset Board.

First questions:
Do you intend to pay a dividend?
If so how is the call back service going to get paid?
If not, is this really a crowd funding for development?

+1

xchrix

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hey

yes i intend to pay 100% of possible income as dividend.
in the first months of operation i want to implement the functionality, spread the word and try to get devs which are using the service.

if the service is useful for them i am thinking about collecting fees for callbacks. this fees will be paid as dividend. but this is just my first idea. lets see what the next weeks/months brings. maybe there are other monetarization opportunities.

prometheus

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hey

yes i intend to pay 100% of possible income as dividend.
in the first months of operation i want to implement the functionality, spread the word and try to get devs which are using the service.

if the service is useful for them i am thinking about collecting fees for callbacks. this fees will be paid as dividend. but this is just my first idea. lets see what the next weeks/months brings. maybe there are other monetarization opportunities.

It sounds like there are some *ifs* and  *maybes* in regard to possible revenue streams. If you are not certain that you'll be able to collect fees for callbacks, then this seems more like a crowd funding effort than an asset

innovator256

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Applaud, thanks for your initiative, looking to see what this develops into

whatnxt

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Not that I know anything about the subject, but, the new dividend payment system is supposed to allow lower fees per shareholder. Would that mechanism allow you to collect a small fee on each payback?
If you cannot get a fee per use then how about:
  • a subscription model
  • a pay as you go model, e.g. buy 100 transactions for 10NXT

Both would require an account ID to be passed as a secure message.
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whatnxt

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xchrix

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sorry for my late reply
what do you exactly mean about the dividend payment system? do you mean shareholders should pay less fees for using the service? yes that could be a good option.

mainly i am thinking about a presale. may it be the asset or NXT. user buys for example 100 points with NXT from one specific account. after that the account will receive 100 notifications for future transactions. thats the only way i think because i dont have access to the funds.

i am already working with the signed token for managing the user accounts and settings. so i definitely know the owner of this account is the user.

xchrix

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important update!!

the callback service is live and is already processing transactions and notifies the scripts. please try it and set your account at www.nxtcs.com but be aware that this is beta software so dont rely on the data.

whatnxt

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sorry for my late reply
what do you exactly mean about the dividend payment system? do you mean shareholders should pay less fees for using the service? yes that could be a good option.

mainly i am thinking about a presale. may it be the asset or NXT. user buys for example 100 points with NXT from one specific account. after that the account will receive 100 notifications for future transactions. thats the only way i think because i dont have access to the funds.

i am already working with the signed token for managing the user accounts and settings. so i definitely know the owner of this account is the user.

Sorry for my late reply too. By dividend payment system I was referring to the functionality described here https://nxtforum.org/index.php?topic=7572.msg156010#msg156010 allowing more than one payment to occur for the 1NXT fee.

Good to hear you can already track user activity.

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xchrix

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hm ok with the dividend payment system i am able to distribute dividends to my shareholders with just 1 NXT fee. but wheres the link to my service? i dont see it. i am only processing transaction from different senders to one receiver.

whatnxt

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hm ok with the dividend payment system i am able to distribute dividends to my shareholders with just 1 NXT fee. but wheres the link to my service? i dont see it. i am only processing transaction from different senders to one receiver.
The potential is for the merchant to take a payment with transaction fee going to your account at no extra cost. Rather than having merchants set up accounts and pay you in advance/arrears for transactions the purchaser pays for the transaction service and pays the merchant in one go.


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prometheus

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how is development coming along?

xchrix

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Coinimal has integrated our callback service for its NXT to EUR sell feature!!
http://nxter.org/nxt-crypto-users-can-now-use-coinimal-to-sell-nxt-for-euro/

if a user wants to sell some NXT to coinimal they show their NXT wallet address which is also connected with NXTCS. when theres a deposit on this address NXTCS does a callback to the coinimal servers to inform about the transaction then the sell order is processed with the Coinimal logic. so they dont have to care about NXT daemons, cronjobs or transaction confirmations

i am looking forward that many other services will come and use the callback service!

xchrix

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thanks for then nice feedback! i am happy that nxtcs is used by nxtbubble :)

prometheus

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can investors expect to see dividends come online in the next few months as plugins like NXTBubble integrate the service?

xchrix

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yes could be expected. its planned to work on a "credit balance" feature and therefore i want to negotiate some fees with the current users. but i guess this will need quite some time as i also have to integrate phased transactions for the next release.

prometheus

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any news?

xchrix hasn't been active since june 26
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