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Author Topic: [ANN] NXTmemo - Asset ID 13428789890365903289  (Read 4484 times)

toenu

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[ANN] NXTmemo - Asset ID 13428789890365903289
January 07, 2015, 06:20:27 pm

Name: NXTmemo (MEMO)
Asset ID: 13428789890365903289
Issuing Account: NXT-96MA-CXE9-LK2L-HA888
Total Assets: 1,000,000

NXTmemo is a social messaging platform built on top of the NXT messaging system. NXTmemo enables users to make personal or business related public announcements via the NXT blockchain.

This can includes things like breaking news, asset/ coin launches, product listing notifications on the NXT Marketplace. The opportunities are limited by your imagination.

Value will derive from the social network NXTmemo will broadcast to. Through strategic crypto-related partnerships, and social media marketing NXTmemo will grow a subscriber base which will be attractive for premium broadcasts. This will be a cost effective solution for users and businesses to get exposure. Revenue raised from premium broadcasts will be distributed as dividends to shareholders.

NXT Memo broadcasts, include but are not limited to the following channels, twitter, facebook, email, RSS feed and integration into other websites.

Future features will include feedback to broadcast subscribers on how effective distribution of their broadcast was, aggregated across all of the channels.

FAQ

What are the primary goals of this project?
  • Creating a blockchain-based microblogging platform
  • Building an information-distribution network for the wider crypto-community

What future developments can be expected?
  • Following & Tipping functionality
  • Private messaging
  • Emphasising the "social network" aspect of the site and community building
  • Packaging of the application as a standalone, distributable program
  • Integration of more NXT features like full Marketplace and Asset Exchange functionality

The following features have been added with the latest update:
  • Login with email / password in addition to login with NXT token
  • Integrated wallet (for non-token logins)
  • Featuring marketplace products and assets on ones profile
  • Display of public marketplace feedback among the regular messages
  • Users can buy marketplace products which have been featured on the profiles of other users
  • Alias registration and updating


Link: https://nxtmemo.com
« Last Edit: January 26, 2015, 07:38:15 pm by toenu »

whatnxt

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Hi,

A couple of obvious questions:

How much overlap is there between this and NXTTY?

Where are you in the development of this?

How will it make NXT?

What are you using the NXT raised for, development, marketing or something else?

In my opinion anything that could replace that old troll Facebook has to be good :)
NXT-UAPC-3T43-FFT6-HW5BZ

chanc3r

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How much overlap is there between this and NXTTY?


as a supporter of both NXTmemo and NXTTY I can think it would be nice to have NXTTY as one of the NXTmemo broadcast channels :)

NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

toenu

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How much overlap is there between this and NXTTY?

I guess there are some similarites, but the goals of both projects are probably quite different.
Nxtty has encrypted messaging as their main angle. Unlike Nxtty, NXTmemo stores the messages on the blockchain, which makes it interesting for anyone wanting to make public statements that are provably from their NXT account.

Where are you in the development of this?

Its under continous development, as it has been since it started. Progress may not be very fast but its steady.
The groundwork for making the application standalone is already laid, just some more modification needed. I think its very important for it to be as decentralized as possible. (Kind of like http://twister.net.co/) This might also bring additional attention to the project.


How will it make NXT?

A small fee is charged to display (and sell) marketplace products on ones profile. Same for assets, altough selling/buying assets is not implemented yet. This is for the obvious reason to avoid unwanted / illegal products being sold. (Standalone version will have no such restriction)

The most NXT however is intended to come from being an information distribution platform for asset issuers, marketplace sellers etc. This aspect of the project is currently in the making, I hope to have some specific example of this ready soon, so everyone can get a better idea of how this will work.

What are you using the NXT raised for, development, marketing or something else?

Some will be used to cover server costs etc. The rest is to be used for development, like through offering bounties etc.

whale

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Promising project toenu. Wishing you success!

Nxtblg

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The most NXT however is intended to come from being an information distribution platform for asset issuers, marketplace sellers etc. This aspect of the project is currently in the making, I hope to have some specific example of this ready soon, so everyone can get a better idea of how this will work.

You mean, like a press-release service?
In another universe, I would have stuck to blogging...

toenu

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The most NXT however is intended to come from being an information distribution platform for asset issuers, marketplace sellers etc. This aspect of the project is currently in the making, I hope to have some specific example of this ready soon, so everyone can get a better idea of how this will work.

You mean, like a press-release service?

Yes, exactly. Although people will be able to use it for any kind of message they want, press release just being the most obvious one.

printshop

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How much overlap is there between this and NXTTY?


as a supporter of both NXTmemo and NXTTY I can think it would be nice to have NXTTY as one of the NXTmemo broadcast channels :)

Ahh so the value will be created by the creation/production of infrastructure. Will you be "net-neutral"? For example, you are involved with NXTinspect and DORCS (both fine projects). If KNS wanted to publish an advisory which was highly critical of NXTinspect over NXtmemo, would you or anyone step in to censor that? For the record I have nothing critical to say right now (ahem) :) I'm just asking how this will be managed.

And the standard -- will shares represent ownership and control? If not, what assurances do we have that the 'contract' in the OP will be immutable? This has been a problem in the past with many assets.

Amalgamus

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I find strange that the biggest asset holder (after the asset issuer) of Nxtinspect dumps Nxtmemo at 0.3 when he has no problem of liquidity. That worries me on the future of this asset...
When you possess 15% of Nxtinspect I suppose you must be one of the Devs. Considering Nxtmemo was given as dividend by Nxtinspect I felt I was on solid ground and stupidly bought 35k Nxtmemo... >:(
« Last Edit: March 14, 2015, 01:17:56 pm by Amalgamus »

toenu

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I find strange that the biggest asset holder (after the asset issuer) of Nxtinspect dumps Nxtmemo at 0.3 when he has no problem of liquidity. That worries me on the future of this asset...
When you possess 15% of Nxtinspect I suppose you must be one of the Devs. Considering Nxtmemo was given as dividend by Nxtinspect I felt I was on solid ground and stupidly bought 35k Nxtmemo... >:(

It seems the order has already been filled. I wouldn't consider it "dumping" as it wasn't that big of a order. (10k at 3000 NXT) NXTInspect has received a pretty big share of NXTMemo assets for vetting this asset and ongoing consulting. They are free to do with the assets what they want, which includes selling them. A part of them they distributed as dividends to NXTInspect holders.

On a different note, I'd like to thank everyone who has bought the assets so far, and at the same time apologize for the lack of updates in the past couple of weeks. I want to make it clear that this is a longer term project, so I don't want people to expect news and updates every week or so. Development is ongoing, even if not particularly fast.

Amalgamus

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Thanks for answering and letting us know work is being done on NXTmemo.
The selling was only 3000 NXT because there were no more buyers... :)
NXTInspect didn't sell directly their shares, it was rather done by the biggest asset holder of NXTInspect.
 Anyway this person doesn't have many NXTmemo shares left to sell and I know he sold only what he received as dividends. I just believe it's an unethical conduct from a person who apparently belongs to the lead team of NXTInvest: they shouldn't send the message to their shareholder that "we give you part of one asset as dividend knowing the IPO price is 1 NXT and later on one of our associate will sell at under the third of that price..." being partly responsible for driving the price down because he has been selling many times before...
Good luck with your work toenu and drop by once in a while to tell us how things are going with NXTmemo  :)

 

chanc3r

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People sell for lots of reasons, selling an asset as a private individual is not unethical, some people maybe got a good price.

NXTinspect account also still has a significant holding as we understand toenu was working this project slowly, NXTinspect account will not be distributing or selling the rest until/unless toenu gets this project off the ground. i.e. those remain locked up until the issuer has finished with his sales..

NXTinspect did issue some NXTmemo as a dividend to create a market for the asset and to create some visibility, its up to toenu now to drive the perception of the value of this asset with support from shareholders etc..

« Last Edit: March 14, 2015, 05:01:42 pm by chanc3r »
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

Amalgamus

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I guess I'll have to put some buy order at a lower price once I get more liquidity. That could be good for the future.

I am "Hodling" long term on those assets anyway and I should rather see this as an opportunity rather be upset about it.

It's also good to get a word from chanc3r and toenu on the forum cause even though I believe you're working hard to succeed on your projects, feeling that the Devs are around means a lot to assetholder like me so we wouldn't get too paranoiac about our investments.  :D

shmoula

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...
A part of them they distributed as dividends to NXTInspect holders.
...

When? Where? I didn't receive anything...
NXT-EZHL-B8FR-PZHS-DZZBR | Habbeat | NAWA (NXT Asset Watcher for Android) | NXTwalch (NXT Wallet balance watch)

chanc3r

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...
A part of them they distributed as dividends to NXTInspect holders.
...

When? Where? I didn't receive anything...

This is the NXTinspect dividend details that distributed NXTmemo assets https://nxtforum.org/index.php?topic=8027.msg158086#msg158086
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

shmoula

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Yup, that's the topic where I asked 14 days ago about March ;)

This is the NXTinspect dividend details that distributed NXTmemo assets https://nxtforum.org/index.php?topic=8027.msg158086#msg158086
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yiiy

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Why can't I send message in your site?https://nxtmemo.com
I have sign up.
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xcn

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How is it going?

Caracalla

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Tried to promote a marketplace product but the 100NXT were returned to my account.

Don't you think 100 NXT is too expensive to promote a product? Just imagine a seller who wants to promote a few thousands of products, books for example.
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toenu

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Why can't I send message in your site?https://nxtmemo.com
I have sign up.

Your message now shows. Seems something got stuck when I last updated NRS.

Tried to promote a marketplace product but the 100NXT were returned to my account.

Don't you think 100 NXT is too expensive to promote a product? Just imagine a seller who wants to promote a few thousands of products, books for example.

Should work now too. The reason for charging a fee to have a product show is really that I don't want people promoting their illegal goods on the site. (There are other places for that :) Maybe I'll add the possibility of adding 10 or 100 products at once at a discount, but I'm also thinking about discontinuing this feature and replace it with something else.


Also I have some announcement to make: With the introduction of prunable messages to Nxt, it becomes necessary for some nodes to act as archival nodes, retrieving old, pruned away data as a service. Since this project has always revolved around the messaging system of Nxt, I think it is an obvious decision to provide this service in the future. I'm currently getting familiar with these new features and hope to have a workable system in place once NRS 1.5 goes to mainnet.
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