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[Ann] New final, ORA and MIC assets Redemption Process - last call singapore
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Author Topic: [Ann] New final, ORA and MIC assets Redemption Process - last call  (Read 42229 times)

Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #80 on: June 20, 2015, 10:47:43 pm »

What was the MIC to XORA conversion rate?

Darkhorse had a rate of 1MIC=0.22 XORA, but that was when we were assuming we would be 'assimilating' a lot more coins, not just MIC. I later proposed we doubled the rate to 1MIC=0.5 XOR in my suggested distribution in my 'roadmap', but that was just to get some discussion going. I think the treasurers should consider the distribution I suggested as 'flexible'.

You can follow my thoughts on the distribution (including MIC) in this post:
https://nxtforum.org/ora/(ann)oranxt-ms-currency'shuffling'-for-nxtjl777-involvedanon-fungibility/msg175972/#msg175972

Yes, since nobody made objection about your last distribution proposal (quoted below) I had distributed XORA following it, with a 2 to 1 conversion for MIC and 1 to 1 conversion for ORA asset.

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

as you can see from above price decimals is not an issue, there is no need to reissue. Just trade 100+ XORA at a time
I don't understand this. In the exchange booth, the rate is per unit, I can't offer 10 NXT for 100 XORA for example. You must be exclusively talking about InstaDEX?

If I understood this correctly, James means that we will be able to trade XORA with fractions of NXT in instantDEX always that we trade junks of +100 XORA



So, did any of the Kora/Ora guys issue SHUF?

"The default currency for Coin Shuffling - Protect your privacy with completely decentralized mixing"

Not sure what makes something, in a decentralized crypto coin system the "default"... but ok. Or is this something being used in Core?



No idea, that was not me..


Ok, I've made my decision! This is my opinion, and I'm just one voice.

So, after reading all the MS Currency documentation and playing with the Exchange booth... I think the best thing to do is spend the 40 NXT to reissue XORA with 0 or 2 or 4 decimals. That hardest part here will be that the issuing account needs to have 100% of the currency.

Barring that, we create a new 3 digit currency with 0/2/4 decimals (so exchange booth will allow partial NXT rate buy/sell) and re-distribute following the same rules that was already established.

So, re-call, re-issue, replace.

or

Create new currency, re-distribute.

The biggest issue here is if anyone has exchange a large amount for NXT. Although, it doesn't look like that happened.

Recalling all the XORA back to the treasury is going to be now impossible since it is already distributed to +100 stakeholders. Therefore we were discussing about 3 main path to follow:

1- Continue with XORA as it is. There is a limitation with the exchange booth, XORA was issued with 8 decimals and now it is not possible to trade it for fractions of NXT. However, James says that this will not be a problem with instantDEX. It will be possible to trade XORA there for fractions of NXT.

2- Peg XORA to 1 NXT so we can use the NRS exchange booth.

3- Make XORA unofficial and issue a new official ORAcoin and redistribute it to XORA stakeholders and to users that send MIC and ORA assets for redemption.
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Kora

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #81 on: June 21, 2015, 02:35:23 am »

So, did any of the Kora/Ora guys issue SHUF?

"The default currency for Coin Shuffling - Protect your privacy with completely decentralized mixing"

Not sure what makes something, in a decentralized crypto coin system the "default"... but ok. Or is this something being used in Core?

Forum user barbierir created "Shuffle" MS (code SHFL) and then sent me a PM to kindly offer it to the community in case we decide to re-issue. barbierir also registered 'XORA' and 'ORAPROJECT' aliases on our behalf and offered to transfer them over to the community treasury account also. It's good to secure some of these MS names even if we don't use them, to avoid confusion, especially when name confusion is a known scam trick.

I do think it would be one of the main advantages of sticking with 'XORA' where the vast majority of trade will necessarily happen on InstantDEX where (I assume) James & co. can block obvious scam assets and MS coins with names designed to mislead people. On the NRS exchange booth and asset exchange that's not possible, but *maybe* on InstantDEX it is. I might be wrong about that and I guess we'll know soon enough after InstantDEX is released.

The 'shuffle' tech obviously needs a lot of liquidity to work reliably for anon mixing, so having the market concentrated at one major exchange might have advantages, especially as James will be overseeing the suffle tech itself. Our chances of getting enough liquidity for the ORA MS, and a user-friendly shuffle experience that 'works' straight off the bat are going to be improved greatly if the exchange & the shuffle tech work together seamlessly, and by keeping XORA with trade happening mostly on InstantDEX, and James helping us with the shuffle tech - it feels like a complete package IMO.

I'm not sure about SHUF though.
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JohnHolmes

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #82 on: June 21, 2015, 02:51:11 am »


Recalling all the XORA back to the treasury is going to be now impossible since it is already distributed to +100 stakeholders. Therefore we were discussing about 3 main path to follow:

1- Continue with XORA as it is. There is a limitation with the exchange booth, XORA was issued with 8 decimals and now it is not possible to trade it for fractions of NXT. However, James says that this will not be a problem with instantDEX. It will be possible to trade XORA there for fractions of NXT.

2- Peg XORA to 1 NXT so we can use the NRS exchange booth.

3- Make XORA unofficial and issue a new official ORAcoin and redistribute it to XORA stakeholders and to users that send MIC and ORA assets for redemption.

+1

The vote has to be one of those options
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MrCluster87

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #83 on: June 21, 2015, 07:33:23 am »

Hi guys!! I wish you all the best for this coin-shuffle tech.

But this are my thoughts on the topic. I am not a developer so forgive me if I say silly things.

I made a little research on the so called "anon coin" and here is what I found out:

1) One of the best are Boolberry (http://boolberry.com/) and Dashcoin (http://dashcoin.net/). What do they have in common? They use CryptoNote tech. So I suggest Nxt Dev to integrate that tech to the main code.

2) If you want to adopt the shuffle method I suggest to look at Anoncoin (https://www.anoncoin.net/). What  is the underline tech? Zerocoin (https://wiki.anoncoin.net/Zerocoin)

So I don't get the point of distribute these XORA tokens to some users...

If you want to become the "official shuffle coin" and Nxt Dev agreed on that, I would like to see on the main wallet a tag that says "anonimize" and after a warning message and the transaction fee just do the job.

No need for me as a user to go to the Monetary System "exchange booth". Otherwise I will just choose the SuperNet client and use BitcoinDark (http://bitcoindark.pw/bitcoindark-and-nxt-1-0-vs-2-0/).

If these tokens have to be somewhere, they should be in a "genesis block account" like. Not distributed.

The XORA Dev should be then compensated with a NXT bounty, of corse.
« Last Edit: June 21, 2015, 08:56:10 am by MrCluster87 »
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #84 on: July 04, 2015, 01:25:41 pm »

ORA is reborn!


Code: XOS
Name: ORAshuffle
Birthdate: 4th July 2015

Distribution is now resumed.

Redemption of ORA and MIC assets will last 3 month starting from today until 4th October 2015.

XOS is already distributed to the following accounts that sent ORA and MIC assets for currency redemption:

Code: [Select]
        ACCOUNT                                 AMOUNT     TRANSFER
1- NXT-6ANL-QC7T-HP4U-5EELL 2493392 10884944237470739611
2- NXT-JA72-Q7HW-3V8M-AFPMK 166666 11210729160328098455
3- NXT-B829-E4TM-284A-CXF64 166666 8541683718026816105
4- NXT-UVSR-CAS6-9VSJ-B3T3Z 166666 15061046339080024442
5- NXT-F62Y-PY96-AR5A-DLJMG 166666 1642577612745267473
6- NXT-BVM5-J25T-G3T2-2KWYR 622532 17177801780636521635
7- NXT-7G7H-BE28-B967-FTBWW 895 12371582724403632796
8- NXT-KC47-46KK-GLLS-DSM6C 500000 9647078411944792942
9- NXT-N4PS-NP2D-H97D-72BGS 166666 5475755927243385383
10- NXT-ZV69-C2DP-SJQG-73PJT 166666 5071748040121269104
11- NXT-YYYY-8P2Q-8FMV-9AR2B 89000 10192526578876135714
12- NXT-3UJ6-6HUR-SAXS-3DJBQ 166666 2665364614176498876
13- NXT-FKSF-53F7-TQ2A-GJHU9 3089228 7912438791183825989
14- NXT-97WB-F3BH-SASQ-ECY2G 405500 9024310441329197006
15- NXT-97WB-F3BH-SASQ-ECY2G 35000 3738407340185183711
16- NXT-GMGT-XDNQ-2LXX-HWQ3F 11535000 17156854920081780284
17- NXT-B5T3-ZTUQ-NWGM-BL3B8 14273446 4634043831566912510
18- NXT-D9D3-9Q2F-QBYM-4C6TQ 549842 10673586275521531454
19- NXT-C3PZ-DGE9-XSGH-5AGZE 168976 11493658064335204087
20- NXT-B6UG-NU5R-86NR-CC87D 168976 7711554272597142709
21- NXT-2L4G-2KTP-7YKJ-HZNJY 98900 11873924072558016486
22- NXT-UDHN-A4VD-JMWP-GQY57 1325250 1952124312167596599
23- NXT-9JCJ-3AAV-GQYX-FBUWV 2000 7230644168045388303
24- NXT-WWCQ-C96D-KXEU-CRJDS 1877043 12416072714574538752
25- NXT-JNES-HJ86-KNXQ-AQ33Z 2588999.5 10877725914409211024
26- NXT-4EAQ-UHPR-M7RE-9MSLM 549174 5516956815118082863
27- NXT-NQRQ-SWUE-85TF-6725E 1812866 1986953001913681958
28- NXT-NN9G-2FMD-XKNZ-CJGVA 802259 11265418734933366166
29- NXT-NYRH-2ANP-BWG5-8LF8P 166666 17930945445976624524
30- NXT-2L4G-2KTP-7YKJ-HZNJY 500000 5079180902433351760
31- NXT-ZGCD-3Z6V-T7CX-HFPFU 149999 3998297223463767509
32- NXT-ZGCD-3Z6V-T7CX-HFPFU 44500 9217312801894732003
33- NXT-UDHN-A4VD-JMWP-GQY57 127500 17096666451407509370
34- NXT-NRMK-J5SA-QXM5-F6S29 166666 17470876298941252675
35- NXT-7SY5-7JLA-KNN6-23TUA 121666 13409851833165853411
36- NXT-7SY5-7JLA-KNN6-23TUA 30000 11465031837350303223
37- NXT-7SY5-7JLA-KNN6-23TUA 15000 2718430049390123439
38- NXT-M84B-QXNY-WTDG-GHHCR 60982 7922823093855070469
39- NXT-RNW6-EHML-HTTD-2S5QH 160000 735555604769764056
40- NXT-4EAQ-UHPR-M7RE-9MSLM 925326 5287610875689316886
41- NXT-SQBJ-6RU2-G6U6-9LRJD 1600000 11405941782992252118
42- NXT-RHNG-8DNX-4F76-D6XKV 1000 513482998525301119
43- NXT-F666-C3Z2-V2XH-9AXMK 166666 9240499795932478927
44- NXT-XNA4-UER9-EFWT-FRJ2M 23039 1592527138900683504
45- NXT-DYE3-GQK7-C7WU-DQZ7D 166666 5330558915435478094
46- NXT-W3TA-MLST-5HCM-EAXKX 166666 6082741928414207149
47- NXT-7LUC-22LJ-5WJ4-22222 171666 1148468724961922607
48- NXT-THV5-5X72-B4MU-BJ5NW 89000 17248180621779936604
49- NXT-Z753-VAW4-GS3D-3WJ4W 1003698 13320144373864787779
50- NXT-VZSN-9MBJ-USRE-FEKSW 166666 17252274140660149440
51- NXT-874M-PS35-SCQB-8UCDX 166666 12510119529566563549
52- NXT-J593-KAHJ-WFB8-8VHW2 166666 13960244214377298712
53- NXT-ZBJ5-FU9M-E8BN-HCXJX 166666 16114786987862519403
54- NXT-T6XN-KVAB-L7Y4-AGZJ9 44500 9308311081890145644
55- NXT-T6XN-KVAB-L7Y4-AGZJ9 166666 4901554124597349299
56- NXT-RTYD-LJXQ-EPNJ-H7AQ5 170666 2395284582788567735
57- NXT-U9TW-3GL7-YRFZ-DTH7P 166666 17417601474931917000
58- NXT-3REC-EVRD-YPDB-CA43C 166666 944954179421017097
59- NXT-HFDR-QWR3-RBC8-2VBG4 166666 5977698322083041798
60- NXT-4CS7-S4N5-PTH5-A8R2Q 1468500 16808163045229492775
61- NXT-A4F9-B2PW-HZ4V-6L5BH 166666 2906000953652247587
62- NXT-4QV6-79GB-QEXB-5FD6H 166666 2994557344903971855
63- NXT-Q2AB-ZX9C-YZRL-GZYLL 166666 8890694991899404390
64- NXT-HMV8-VPUN-LE83-9LQVP 166666 15130792823537209194
65- NXT-TCJK-7JG5-5RZV-BNDZ9 166666 17820887106033141102
66- NXT-KJVL-62A4-L5Z6-38RJ7 166666 15846772979860660558
67- NXT-Q5M9-BF3R-JH6Y-2SD7M 166666 11147567591242094853
68- NXT-LHVV-9ES7-RVHU-3R7HG 4500 12949407521552762793
69- NXT-GVHS-X4MC-XV2M-CTN73 45261 7662947149731626518
70- NXT-ZKSX-U6YT-J4AM-HX2RS 166666 1788480802211978292
71- NXT-9M9E-4U37-3S35-6LTTZ 166666 13575552021070035416
72- NXT-TJG2-7TT8-8DK6-EKM6P 89000 12707057249389100181
73- NXT-HFGU-SKRB-5S5T-6EKT4 2908645 1596777040982137871
74- NXT-4EAQ-UHPR-M7RE-9MSLM 209539 8641522596500975474
75- NXT-L8EV-EMP8-7VE8-88WWL 2004001 17971327089255754931
76- NXT-FK5G-7QST-A4U5-DXY5G 44500 12915369629879000176
77- NXT-BD4N-J9BK-9YSW-5Z6GL 44500 4182830802679220002
78- NXT-XDWR-2M7J-S6SE-F9HAM 534000 4153715082229993538
79- NXT-BK2J-ZMY4-93UY-8EM9V 106666 8959992920106111402
80- NXT-WMUF-7TQD-4N4J-G62SX 500 14110088565973903878
81- NXT-UDHN-A4VD-JMWP-GQY57 50000 14959771755551279092
82- NXT-JWAT-4JNV-57UV-DN6DL 107 2348898536386655250
83- NXT-X28X-FJEK-6ZDP-3M5XU 142000 1387158579352435477
84- NXT-S8VH-FNMK-P8BF-DKZW5 44500 6113414463190325985
85- NXT-YZKK-FBRT-UGKD-GUV92 712000 5825242391091629849
86- NXT-W4JL-DZXS-9K9V-CPDQ4 178000 5574239303582638626
87- NXT-BF6M-R2TF-3XWH-GA3LZ 89000 5145615594331039996
88- NXT-WTS8-HP56-9HRA-H6HVD 89000 12896754357668526684
89- NXT-QUCJ-BDXQ-UCQP-C6Q8D 170666 1891569524248445148
90- NXT-EUDJ-RU5A-Z8US-4PSJV 231108 5186202422556437419
91- NXT-9YWE-MEYB-974P-646R2 170666 4511184947294678828
92- NXT-FQV4-V8NS-HGQH-FHW97 44500 10352367868597030087
93- NXT-L6CZ-NX4Q-6BQH-HN88R 306000 362239742412087616
96- NXT-MAEF-Y5ND-K63M-4ZPCG 2420200 4032050366414216553
97- NXT-MAEF-Y5ND-K63M-4ZPCG 294309 14650257583797757729
98- NXT-BZD7-EEV8-BZS7-CQQXB 105 6850862884545533912
99- NXT-YYYY-8P2Q-8FMV-9AR2B 1134500 2993207745076041344
100- NXT-KQBD-ZKSP-UKBT-7SM3E 3311812.5 7584824672006672217
101- NXT-KQBD-ZKSP-UKBT-7SM3E 2890344 957770059884714732
102- NXT-5ZCV-KNGM-W5QK-HJ8FN 1824000 4652087055320342017
103- NXT-5ZCV-KNGM-W5QK-HJ8FN 166666 180697080335893751
104- NXT-M5JR-2L5Z-CFBP-8X7P3 166666 16785632895476959392
105- NXT-NRGJ-86TR-QBUU-D2C3S 166666 17989999215876112117
106- NXT-G8BT-FHN8-SZQG-G3FRC 50000 6091874470865917812
107- NXT-BGFS-T9VJ-SJ5G-FNHJK 44500 12632681300525861033
108- NXT-N8U7-TU6Z-HU3S-759Y7 5000 2457953902231030804
109- NXT-N8U7-TU6Z-HU3S-759Y7 662500 4036703755588194530
110- NXT-XF29-9RNC-TTK3-HR7T6 170666 1164950878892556684
111- NXT-2AHU-UXZW-K9Q2-HENLW 50000000 16624137963693840935
112- NXT-QUQF-AUA5-X7YA-4VNBP 1000000 17569395328684756495
113- NXT-KHKB-6RCZ-FAWP-7E7H2 5033266 13223766069824158174
114- NXT-2DSM-57HC-ST28-7D7H5 166666 17859780399963827502
115- NXT-RV5Q-SGKL-XHPX-3G3UV 191666 9569313383576564520
116- NXT-FLVS-VRBV-LDPD-6DZ9W 250000 5676669918171283634
117- NXT-FLVS-VRBV-LDPD-6DZ9W 399364 5458446628676722232
118- NXT-U965-7THF-F9VQ-HKCZY 168976 7452186004371741570
119- NXT-KC47-46KK-GLLS-DSM6C 165000 334776572266721744
120- NXT-KC47-46KK-GLLS-DSM6C 510998 17862819561092927283
121- NXT-6RKA-ZVFL-VBS6-7D2EP 521665 12489921219709080224
122- NXT-YYYY-8P2Q-8FMV-9AR2B 173976 9791026853689734216
123- NXT-LAEW-Y8GS-BWQX-BX2Z5 166666 5981303148436982720
124- NXT-BYRU-8NKZ-PEYJ-9E6YQ 166666 5040886494004339782
125- NXT-P5JJ-YSAL-G6N7-7WL2N 3807503 17681200105445213157
126- NXT-83EL-JGBK-3HL5-6QNEX 1138307 12928894733326911342
127- NXT-GWFG-JAPF-8AZG-4P5R5 4180954 15940190897414203710
94- NXT-53EB-6WSS-BAGG-39UXP 100000 9822034720846175608
95- NXT-EPSG-46SM-HL4T-CAXN6 52 9897126699957680021

1- NXT-7EH9-8A6C-S6LA-GBNDJ 166666 4962593534766662713
2- NXT-KMA3-SBRT-3KUV-7BDVB 166666 14113420107939168524
3- NXT-XS2D-NXHX-5R4Y-DRBD3 166666 905638526317871206
4- NXT-MVGA-GQF7-CJBZ-2NYER 166666 11604044850551493007
5- NXT-K3QP-HVGS-7KR6-FV7QK 45614670 11998801958540402453
6- NXT-NNBQ-NXU8-8R7E-3TG5M 5000 10702531755027698558
7- NXT-234E-3WCH-RN8G-DPHCT 5000000 16173933686559107671
8- NXT-J592-E74L-UVSQ-ALXW3 55220 419174568185520956
9- NXT-44Y5-XD7T-EBBA-BXYR2 166666 12596437736292546117
10- NXT-WMUF-7TQD-4N4J-G62SX 85000 3747034842210977072
11- NXT-J5NJ-5DQG-PL7W-9SNFZ 101 15892178589260492483
12- NXT-JTA7-B2QR-8BFC-2V222 1088000 11065886306214169890
13- NXT-H39G-4JG6-Z3NS-FBK7L 166666 1436312408555567967
14- NXT-BPZH-L5JZ-TS9Q-6RVTM 1385610 16290293219727020527
15- NXT-B2VY-2MRB-MQGM-42EWY 1187500 14195635272830894164
16- NXT-8RXS-2SSK-RNF2-HSNL8 227498.5 2887484484715557699
17- NXT-YZKK-FBRT-UGKD-GUV92 44500 3360666635601645978
18- NXT-UDHN-A4VD-JMWP-GQY57 11500 16615237500631122185
19- NXT-YJ25-HTWF-N8RR-4TJAY 370000 12511431326752904664
20- NXT-3KVZ-NF4B-36V2-7B9YA 738000 5034200494735855526
21- NXT-XLR8-66PW-253Z-3T5M8 5420504 8444835309430239205
22- NXT-XLR8-66PW-253Z-3T5M8 178486 1111895628348382323
23- NXT-UR5H-5X5B-JB7P-6EZBL 400500 11020320617428115193
24- NXT-DFDV-58KQ-LTD7-9XC9T 523714 3875325385477398859
25- NXT-TNEN-GQAE-TP67-8HQ8L 152467 4498927249770399472
26- NXT-XRTD-RMZT-B3ZF-CEZRW 12500 8560705695764339226
27- NXT-XRTD-RMZT-B3ZF-CEZRW 37750 8971043116333690516
28- NXT-DHFS-JPHW-EZDZ-8K9DH 12500 2625368365197695982
29- NXT-EAVH-SLEV-KSEE-EE2KP 15326750 10538445921730674757
30- NXT-C9D2-YCVX-DGGY-8QMBL 110000 15108107003759394945
31- NXT-UWJU-XXST-3MPQ-2JWG7 1391000 10567746893806895807
32- NXT-UWJU-XXST-3MPQ-2JWG7 216666 8299841621826499577
33- NXT-JDPZ-YFSK-QTSE-9A94C 55510 18001194041899729687
34- NXT-PJ4S-P5MU-LFBV-6ARBY 166666 15627308785678771565
35- NXT-M8R2-7NVN-GLDE-BX2KN 44500 408481906311782479
36- NXT-M8R2-7NVN-GLDE-BX2KN 205 18303687095616385557
37- NXT-VP6V-H2DE-U5GA-HZGH5 44500 15511869054366636003




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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #85 on: July 04, 2015, 01:29:35 pm »

OP updated
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apenzl

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #86 on: July 04, 2015, 01:42:45 pm »

Happy re birthday!

ORA + MIC redemption for OS X sorry! XOS received.  ;D

Well done, you rock.

Snail2

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #87 on: July 04, 2015, 05:41:25 pm »

Is the redemption address the same as before (NXT-E26D-DMFT-N8XV-37PBS)?
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #88 on: July 04, 2015, 05:47:11 pm »

Is the redemption address the same as before (NXT-E26D-DMFT-N8XV-37PBS)?

Yes.
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atchoum6760

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #89 on: July 04, 2015, 05:48:39 pm »

XOS received thanks nxter good job.
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chanc3r

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #90 on: July 04, 2015, 09:57:27 pm »

well done... glad to see this finally moving... and thanks for the efficient redemption
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NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

MCoin

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #91 on: July 05, 2015, 10:08:05 am »

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #92 on: July 05, 2015, 09:23:08 pm »

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #93 on: July 06, 2015, 07:01:05 pm »

More XOS - ORAShuffle distributed today:


Code: [Select]
1- NXT-DXU4-YSJF-XJ2M-FRVNS 10000 4474900953018613336
2- NXT-95FX-K2SC-GAPK-5TP9M 112 16059095253957668399
3- NXT-X4LF-9A4G-WN9Z-2R322 166666 4237923340613615707
4- NXT-BBWW-GWCP-2SK3-DALVW 575 14616387148511397757
5- NXT-HTB8-GGJG-ZDRK-6N3LC 555.5 976634532200874143
6- NXT-BPV3-837M-QZTQ-9DQ69 417004.5 7693263004648574811
7- NXT-RQYG-UPJP-HMMH-7WHFZ 74500 13444172358290421138
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Pilot

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #94 on: July 06, 2015, 10:33:28 pm »

Great job Nxter.
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Kora

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #95 on: July 07, 2015, 10:43:46 am »

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.

Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

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Mac Red

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #96 on: July 09, 2015, 05:06:15 pm »

10% - jl777 SNcoin swap
10% - SuperNET dividend
5% - Mac Red (Webapp Dev) - Paid
5% - shuffle plugin dev
2% - Kora expense account - Paid
1.0% - Darkhorse - community treasurer
1.0% - Fragora - community treasurer & CryptoFest.tv dev
16% - Power Bounties & community funds
14.7% - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5% - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
22.8% - unallocated funds

Am I right, that 10% will be sent to supernet holders? - and is there a 'snapshot' date for this? Thanks!

No, not yet.
I estimate that this will be discussed once shuffling is getting closer to be released for the MS currencies in Nxt.

Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?
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fragora

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #97 on: July 09, 2015, 06:26:00 pm »

Number 1 in my book is a plan to implement the shuffle tech. Promotion at this stage and without shuffling integreted   is of no use.
Rewards for contributors is of course essential. No need for a committee vote either imo and I will go with whatever kora decides.
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #98 on: July 09, 2015, 07:29:58 pm »

More XOS - ORAShuffle distributed today:



Code: [Select]
1- NXT-J6BE-JL6S-EY39-F7PMD 166666 6347003376536214868
2- NXT-8YQ4-6HJW-9T6M-FQ5YS 166666 3400019086820363283
3- NXT-VWL6-XSXA-AZC7-848CZ 10000 5636361090239065438
4- NXT-6NMT-CEMQ-P8CE-72J4J 27404 2582247161729641837
5- NXT-J5NJ-5DQG-PL7W-9SNFZ 166565 18432545250397706671
6- NXT-V5R7-B3QD-J3L2-3Z2TW 166666 2344940690697435801
8- NXT-DXU4-YSJF-XJ2M-FRVNS 156666 104618109699628525
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Nxter

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Re: [Ann] New final, ORA and MIC assets Redemption Process - last call
« Reply #99 on: July 09, 2015, 07:53:57 pm »



Congratulations & a BIG thanks to Nxter, the distribution is going extremely well :)

I agree with Nxter that the SuperNET dividend will probably happen closer to the launch of the shuffle plugin itself, but I'm open to other opinions on that.

One thing that we probably should discuss first is compensation for the new people who have come together and given renewed life to ORA. How will we compensate those individuals? Anyone following ORA for a while will probably be familiar with my 'power bounty' idea (i.e. merit based bounties voted by the community that create a small army of super motivated dolphins & mini-whales). We sort of moved past that when we went down the NXT MS road, and so avoided the need for a lot of extra features compared to if we'd continued to develop a whole new P2P coin network as originally planned, but my belief that people who contribute effort and produce results *should* be compensated still remains just as strong. So ... how can we compensate people?

This was the distribution I proposed  just before Nxter joined:

Quote
'ORA::Shuffle' - semi-official provisional RoadMap
The distro:
10%   - jl777 SNcoin swap
10%   - SuperNET dividend
5%     - Mac Red (Webapp Dev) - Paid
5%     - shuffle plugin dev
2%     - Kora expense account - Paid
1.0%   - Darkhorse - community treasurer???
1.0%   - Fragora - community treasurer & CryptoFest.tv dev
14.7%  - ORA webapp distribution (890 stakeholders X 166,000 =  147,740,000 XOR)
12.5%  - MIC assimilation (250,000,000 MIC X 0.5 = 125,000,000 XOR)
20.8%  - shuffle rewards (1,000,000 ORA per week for 4 years)
10%     - promotion & further distribution
8%      - long term community funds (ideally 4 individuals with 2% each)


It's probably reasonable to assume Darkhorse's 1% is unclaimed now, but we have Nxter, Pilot & apenzl at least to consider, plus jl777, plus Jack Needles. I will distribute the remainder of my 2% 'expense account' between these guys (~10M ORA), but I think we should consider doing more. Projects fail when people lose motivation! Pilot has expressed interest in maybe contributing some dev work towards the shuffle tech on top of his community treasurer duties, and apenzl will hopefully be doing a lot of the ORA marketing and promo work, plus organising a nxter.org distribution. Nxter is our chief community treasurer, & jl777 is our connection with SuperNET plus an all-round dev powerhouse.

So, let's try and discuss compensation for people now, before we go too much further down the tracks!

Good call, these people you mention should of course be paid for their time, work and efforts. As well as as other people who'll hopefully step up to contribute. Perhaps from "promotion & further distribution"? If 10% is too little perhaps we should consider putting more ORA into it to strike a balance. I guess an option might be to take some from shuffle rewards? Just thinking out loud here what might be reasonable.

Another open question I have is where our next community focus should be. Nxter is currently managing distribution and will do for a total of 3 months. For the rest of us, what would be the number #1 most important thing to work on during this time? Is it promotion?

I think the most important thing at this stage is to get the word out that ORA project is live, that we have a Currency and that the redemption process is open and running until 4th October.

At the moment of writing this post there are still more than 400 accounts with ORA assets and more than 100 accounts with MIC assets. Those assets will be worthless when XOS takes off. We need to inform the owners of those assets that now the XOS rocket is boarding and the gates will close in October.

To do so, we need an article about ORA in the nxter.org magazine and some PR on this forum, in bitcointalk and maybe even in other crypto forums.  I will start by announcing the redemption of XOS in my signature and I recommend others to do so too if you want this project to succeed.

Nxter.
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