Topic: [ANN] Coinomat.com (Read 91908 times)

blueface · June 11, 2014, 06:44:10 pm

Quote from: coinomat on June 11, 2014, 01:46:13 pm

Our IPO seems to be over, incredible activity.
Guys you are amazing!! We really hope to be an asset to the NXT community.

coinomat · June 13, 2014, 10:58:35 am

We got several questions whether we plan to issue additional assets. Actually looks like that there's demand, so we'll consider this, but after we integrate NXT in our service. So if it should happen it will be in about 3 weeks.

Ezravdb · June 13, 2014, 10:59:24 am

Thanks!

ebby · June 13, 2014, 11:17:40 am

Quote from: coinomat on June 13, 2014, 10:58:35 am

We got several questions whether we plan to issue additional assets. Actually looks like that there's demand, so we'll consider this, but after we integrate NXT in our service. So if it should happen it will be in about 3 weeks.

Coinomat.com offers its shareholders profits equal to 1.5% of the total transaction amount.

How you plan to offer the additional profits for the new assets? Will you rise the fees of your service, because you said your profit is about 2-2.5% (Yes. Our profit margin is around 2 -2.5% of the transaction volume.) and 1.5% is going to the actual shareholders.

Greets,
eb

coinomat · June 13, 2014, 12:43:55 pm

Actually we are paying 1.5% of the transaction volume to the total amount of equity equal to 500 BTC (at IPO price), so there's still room for new stocks (since we planned launches also at Counterparty and Mastercoin). Maybe after all we'll have it all at NXT platform, offering also buy back at cryptostocks.

jl777 · June 17, 2014, 05:43:47 am

I can confirm I did a BTC -> credit card and even though the bank didnt report it promptly it was actually there within 2 days. Cant wait to be able to NXT -> credit card. Super convenient. We can basically spend NXT anywhere, just need to make sure to preload the card

James

coinomat · June 17, 2014, 06:16:58 am

Thank you for your testimonial! This type of transaction is credited by some banks manually, so it can take them a day or two.
Most of the transfers are there within two days though. The maximum is four business days.

Quote from: jl777 on June 17, 2014, 05:43:47 am

I can confirm I did a BTC -> credit card and even though the bank didnt report it promptly it was actually there within 2 days. Cant wait to be able to NXT -> credit card. Super convenient. We can basically spend NXT anywhere, just need to make sure to preload the card

James

jl777 · June 17, 2014, 06:20:07 am

Quote from: coinomat on June 17, 2014, 06:16:58 am

Thank you for your testimonial! This type of transaction is credited by some banks manually, so it can take them a day or two.
Most of the transfers are there within two days though. The maximum is four business days.
Quote from: jl777 on June 17, 2014, 05:43:47 am
I can confirm I did a BTC -> credit card and even though the bank didnt report it promptly it was actually there within 2 days. Cant wait to be able to NXT -> credit card. Super convenient. We can basically spend NXT anywhere, just need to make sure to preload the card

James

yes that was the problem, normal deposits send out notice, but this was treated like a refund and didnt trigger the automatic notice, had to dig into the statement to find it, but it was there for almost a week.

Any estimate on when NXT -> credit cards will be ready for beta test?

Eadeqa · June 17, 2014, 06:26:28 am

Any firm date on Nxt integration?

coinomat · June 17, 2014, 08:35:03 am

By the end of the month we should have it!

Quote from: jl777 on June 17, 2014, 06:20:07 am

Quote from: coinomat on June 17, 2014, 06:16:58 am
Thank you for your testimonial! This type of transaction is credited by some banks manually, so it can take them a day or two.
Most of the transfers are there within two days though. The maximum is four business days.
Quote from: jl777 on June 17, 2014, 05:43:47 am
I can confirm I did a BTC -> credit card and even though the bank didnt report it promptly it was actually there within 2 days. Cant wait to be able to NXT -> credit card. Super convenient. We can basically spend NXT anywhere, just need to make sure to preload the card

James
yes that was the problem, normal deposits send out notice, but this was treated like a refund and didnt trigger the automatic notice, had to dig into the statement to find it, but it was there for almost a week.

Any estimate on when NXT -> credit cards will be ready for beta test?

coinomat · June 17, 2014, 08:36:28 am

Coding it now

It's a little bit new for my partner who does most of the actual coding. By the end of the month we should have it

Quote from: Eadeqa on June 17, 2014, 06:26:28 am

Any firm date on Nxt integration?

coinomat · June 17, 2014, 12:38:53 pm

First dividend payment is processed, thanks to jl777 and valarmg! 3717 NXT is distributed. If someone has questions about the way it was calculated please let me know, I'll give a detailed breakdown. Our transaction stats based on which we pay dividends is in BTC, https://coinomat.com/globalstat.php but we'll have it in NXT soon too.

lucky331 · June 17, 2014, 12:51:51 pm

quick question, if i hold around 500 coinomat assets, how much dividends in nxt would that give me? thinking of buying some.

thanks.

martismartis · June 17, 2014, 12:54:18 pm

Quote from: lucky331 on June 17, 2014, 12:51:51 pm

quick question, if i hold around 500 coinomat assets, how much dividends in nxt would that give me? thinking of buying some.

thanks.

500 coinomat is 0.05%, so you'll get 1.8585 NXT

coinomat · June 17, 2014, 01:13:34 pm

It will vary from week to week and will grow as a rule. Our total IPO value is pegged at 500 BTC, it was chosen in such a way that the monthly dividend would be around 3-4% of the nominal shares value when we reach expected transactions volumes. Currently we sold around 120 BTC worth of stock.

Quote from: lucky331 on June 17, 2014, 12:51:51 pm

quick question, if i hold around 500 coinomat assets, how much dividends in nxt would that give me? thinking of buying some.

thanks.

coinomat · June 24, 2014, 07:01:38 am

Regular dividend payment is processed thanks to valarmg!
Coding NXT integration, planning to finish it in about a week.

abctc · June 24, 2014, 07:36:12 am

Quote from: coinomat on June 24, 2014, 07:01:38 am

Regular dividend payment is processed thanks to valarmg!
Coding NXT integration, planning to finish it in about a week.

- thank you for providing this information.

coinomat · July 01, 2014, 07:30:28 am

Next dividend payment is processed, many thanks to valarmg
Testing the NXT integration on the testnet now, should be complete within several days. Took us a little longer due to summer and trying to figure out a better way to process NXT deposits. For now we proceed the usual way, with generating new accounts.

What features would you like to be implemented for NXT in our service? Do you need authorization through NXT tokens?

abctc · July 02, 2014, 09:08:25 am

Quote from: coinomat on July 01, 2014, 07:30:28 am

Do you need authorization through NXT tokens?

- NXT token authorization needed only to ensure, that user owns that tokenized account.
As long as user pays fiat at coinomat.com - does that bother you, what account he provides?
Maybe he wants to pay NXT to his friend's account (in RS format, of course) ...

coinomat · July 08, 2014, 05:37:26 am

Next dividend payment is processed, thanks to valarmg!
Sorry for the delay with integration, summer vacations and new family responsibilities of our lead developer affected this. But we're in final stages now, this week we're launching it.

News:

Author Topic: [ANN] Coinomat.com (Read 91908 times)