elective-stereophonic
elective-stereophonic
Pokereum Crowdfunding
singapore
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.11.15 | Latest Experimental Nxt Client: Nxt 1.12.0e

Pages: [1] 2 3 ... 10  All

Author Topic: Pokereum Crowdfunding  (Read 49734 times)

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Pokereum Crowdfunding
« on: May 22, 2014, 06:30:43 pm »

Pokereum is an experimental contemporary community driven idea of using flat virtual decentralized autonomous organizations (DAO) to manage and develop a decentralized application (DAPP) that solves the mental poker problem using Ethereum smart contracts, Telehash mesh networking and a consensus network. The Pokereum DAPP lets you play games of poker while ensuring random number generation / card shuffling are fair and transparent, reducing cost for poker players, reducing the possibilities of collusion and enabling cheap boundless payments and withdrawals using cryptocurrencies and smart contracts. Mechanisms to enable easy on-boarding of non crypto-currency users and use stable value crypto currencies are detailed in the white paper. Smart contract based Pokereum DAPP reserves are generated from tournaments, rakes, private table fees and other business models automatically accessible with valid tokens. http://www.Pokereum.io



Account ID :: [NXT-FXNN-4B7R-VJ9J-B7PQA ]   

Asset ID   :: 8328353128552831604 

Total Tokens :: 100,000,000

Token rewards: TBD NEW( 0.000821btc to 0.000521btc  per token roughly )  ( 0.000521btc to 0.000221btc  per token roughly )

Valuation methodology : Market comparables (second opininion isildur)

We get to the valuation ranges by calculating a fully distributed value and estimating a companies implied value through analysis of similar companies operating and trading metrics. So in essence by applying multiples derived from comparable companies to similar but superior DAO/ App metrics we can extrapolate the range of initial company valuation. We could also determine value by estimating market capture, marketing and potential conversion rates and improved churn based on superior technology and incredible value proposition to poker players.






60% of tokens to nxt community, crypto and other knowledgeable donors  obsolete/restructured

55% of tokens to nxt community, crypto and other knowledgeable donors
25% tokens to Devs | board | workers
15% to Group of anonymous donor angels | friends | Family at initial stage
   
         Further Detailed breakdown or token distribution
         Further Detailed breakdown

   55% of tokens to Nxt community, crypto and other knowledgeable donors

   15% to Group of private anonymous donor angels | friends | Family at initial stage

   30%   -> 10% (DAO activity fund)
      -> 7% (free distribution to be revealed as crowdsale draws nigh) see thread ::https://nxtforum.org/stark-industries-%28nxtdice%29/marketing-5288/
      -> 6% (7 devs: 3 full time, 4 part time)
      -> 3.5% (7 board members)
      -> 3.5% (7 workers initial)






Tokens Rewards

48% of tokens to community crowdfunding, crypto and other knowledgeable donors
37% tokens to Devs | board | workers | Bounties | Free distribution | Endowment | etc
15% to Group of early anonymous donor angels | friends | Family at initial stage

Further Detailed breakdown

   48% ( crowdfunding donations)

   15% to Group of early private anonymous donor angels

   37%   -> 10% : (Pokereum DAO endowment activity fund)   
      -> 9% : (13 devs: 5 full time 1% each, 8 part time 0.25% each)
      -> 4.9% : (7 Board 2 extra, 0.7 each, 7 altogether, from *5)
      -> 3.5% :(7 workers initial 0.5% each)
      ->1.2% : (Advisors 3 available, 0.4 % each)
      -> 1.4% : (Dev Bounties TBD)
      -> 2 % : (Marketing bounties starts now!)
      -> 5% : (free distribution during crowdfunding)






Duration of  crowdfunding
Duration last approximately 30 days

Distribution of tokens
Tokens are to be distributed after the completion of the crowd sale phase



Marketing and Discounts
1 week 75% discount
2 week 50% discount
3 week 25% discount
4 week 10% discount

free token crowdfunding marketing referals
refer 15 donors ->  40,000 tokens (1st tier referrers)
refer 10 donors ->  20,000 tokens (2nd tier referrers)
refer 3 donors->  5,000 tokens (3rd tier referrers)


Rules:
No spamming…post relevant replies then engage with your offer…If you are reported for spamming your account will be disqualified
All or nothing for the tier rewards: for example you don't get credit for referring 2 people..you must refer 3 to get 5000 tokens

First come first serve : maximum people referable by one person/address is 15

If tokens are not completely claimed, They Rest go as bonus to top 10% earliest donors , board members and workers shared equally






Management of Proceeds

Operating budget to be held in multisig btc address
The rest of the funds to be held by trusted escrow , till board have access to Nxt account control or phasing
Board manages




Use of proceeds

Bootstrap Pokereum DAO operations
Fund Pokereum app development
Guaranteed player prize pool tournament incentives
Pokereum marketing/branding awareness campaigns to break through competitive noise
working capital
Pokereum salary payments
Pokereum worker/dev legal protection fund
bounties



Risk Factors / Disclaimer
Do your risk assessment accordingly and carefully, all deposits are non-refundable donation used to bootstrap the DAO.

« Last Edit: February 22, 2015, 05:58:09 pm by Stark Industries »
Logged

DLXS

  • Jr. Member
  • **
  • Karma: +2/-0
  • Offline Offline
  • Posts: 39
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #1 on: May 23, 2014, 12:48:32 am »

Let us know when you start selling ;P
Logged

megashira1

  • Guest
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #2 on: May 23, 2014, 05:09:57 am »

Estimate on when shares will be made public?
Logged

Berzerk

  • Hero Member
  • *****
  • Karma: +118/-40
  • Offline Offline
  • Posts: 1530
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #3 on: May 23, 2014, 06:58:12 am »

Are your names public? Where do you live?
Logged

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #4 on: May 27, 2014, 03:45:13 pm »

Are your names public? Where do you live?

want my bloodtype?  :)
Logged

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #5 on: May 27, 2014, 03:46:32 pm »

Estimate on when shares will be made public?

Looks like the early part of june..Ola still waiting on the designer and wrestly with code
Logged

DLXS

  • Jr. Member
  • **
  • Karma: +2/-0
  • Offline Offline
  • Posts: 39
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #6 on: May 27, 2014, 04:48:13 pm »

Hi,

It can't be bought yet, right? Why are there some buy orders already?
And, sorry for the question but I'm a newbie with the AE, we buy shares -> if they go up/down we can make/lose money. Apart from that, will we get payouts regularly (once every X amount of time)?

Thabnks!
Logged

Berzerk

  • Hero Member
  • *****
  • Karma: +118/-40
  • Offline Offline
  • Posts: 1530
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #7 on: May 27, 2014, 04:53:40 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)
Logged

gs02xzz

  • Hero Member
  • *****
  • Karma: +56/-12
  • Offline Offline
  • Posts: 1101
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #8 on: May 27, 2014, 04:59:15 pm »

Hi,
It can't be bought yet, right? Why are there some buy orders already?
And, sorry for the question but I'm a newbie with the AE, we buy shares -> if they go up/down we can make/lose money. Apart from that, will we get payouts regularly (once every X amount of time)?
Thabnks!

I guess it is because the asset has been created on AE and users can place buy orders for any assets available on AE.
Logged
Nxt Mission is to commercialize the crypto technology and build new commerce and society.

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #9 on: May 27, 2014, 08:16:32 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)
Logged

Berzerk

  • Hero Member
  • *****
  • Karma: +118/-40
  • Offline Offline
  • Posts: 1530
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #10 on: May 27, 2014, 08:33:41 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
Logged

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #11 on: May 27, 2014, 08:48:06 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
You dont have to...But Ola trust me to manage the process well. Ultimately that is why the board is in place.
Logged

Berzerk

  • Hero Member
  • *****
  • Karma: +118/-40
  • Offline Offline
  • Posts: 1530
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #12 on: May 27, 2014, 08:59:53 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
You dont have to...But Ola trust me to manage the process well. Ultimately that is why the board is in place.
You know ola in reallife? :)

Sorry that I ask so many questions. But I think 90% of all assets are scams right now. I don't want to invest into scams. I want to genuinely trust the asset issuer. :)
Logged

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #13 on: May 27, 2014, 09:04:50 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
You dont have to...But Ola trust me to manage the process well. Ultimately that is why the board is in place.
You know ola in reallife? :)

Sorry that I ask so many questions. But I think 90% of all assets are scams right now. I don't want to invest into scams. I want to genuinely trust the asset issuer. :)

Nope I don't, That is why no assets are released for sale until Ola releases a client
Logged

Berzerk

  • Hero Member
  • *****
  • Karma: +118/-40
  • Offline Offline
  • Posts: 1530
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #14 on: May 27, 2014, 09:11:46 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
You dont have to...But Ola trust me to manage the process well. Ultimately that is why the board is in place.
You know ola in reallife? :)

Sorry that I ask so many questions. But I think 90% of all assets are scams right now. I don't want to invest into scams. I want to genuinely trust the asset issuer. :)

Nope I don't, That is why no assets are released for sale until Ola releases a client
That sounds good. :) Thank you for your patience.
Logged

Stark Industries

  • Jr. Member
  • **
  • Karma: +7/-0
  • Offline Offline
  • Posts: 62
    • View Profile
Re: Nxtdice-NxtPoker Correction Re-issuance / IP Assignment
« Reply #15 on: May 27, 2014, 09:15:32 pm »

Are your names public? Where do you live?

want my bloodtype?  :)

No. But you know, if this is gonna work as I think it should be, then you will get millions of NXT. So, who are you guys? :)

You can call me stark, nice to meet you   ;)

Nice to meet you. So why should we trust you? ;)
You dont have to...But Ola trust me to manage the process well. Ultimately that is why the board is in place.
You know ola in reallife? :)

Sorry that I ask so many questions. But I think 90% of all assets are scams right now. I don't want to invest into scams. I want to genuinely trust the asset issuer. :)

Nope I don't, That is why no assets are released for sale until Ola releases a client
That sounds good. :) Thank you for your patience.

No problem
Logged

gs02xzz

  • Hero Member
  • *****
  • Karma: +56/-12
  • Offline Offline
  • Posts: 1101
    • View Profile
Re: NxtPoker-Crowdsale
« Reply #16 on: September 29, 2014, 03:22:55 pm »

Is there a budget plan for the funds raised from the crowdsale/ICO suppose you sell out the 60 million tokens?
Logged
Nxt Mission is to commercialize the crypto technology and build new commerce and society.

devphp

  • Hero Member
  • *****
  • Karma: +87/-14
  • Offline Offline
  • Posts: 1229
    • View Profile
Re: NxtPoker-Crowdsale
« Reply #17 on: September 29, 2014, 04:18:20 pm »

100 mln tokens @0.000221btc (~3 NXT) = 300 mln NXT? Seriously? Who would have that kind of money to buy tokens? ;)
Logged

Vega

  • Full Member
  • ***
  • Karma: +8/-3
  • Offline Offline
  • Posts: 102
    • View Profile
Re: NxtPoker-Crowdsale
« Reply #18 on: September 29, 2014, 04:30:47 pm »

100 mln tokens @0.000221btc (~3 NXT) = 300 mln NXT? Seriously? Who would have that kind of money to buy tokens? ;)
Another not so realistic project valuation. While it has great potential, assuming that the demo client worth 200th of Pokerstars is laughable.
Unless I'm mistaken it's not even possible at this point to finish the project without smart contracts or something similar, that doesn't even exist yet.
« Last Edit: September 29, 2014, 04:32:51 pm by Vega »
Logged

devphp

  • Hero Member
  • *****
  • Karma: +87/-14
  • Offline Offline
  • Posts: 1229
    • View Profile
Re: NxtPoker-Crowdsale
« Reply #19 on: September 29, 2014, 04:42:37 pm »

100 mln tokens @0.000221btc (~3 NXT) = 300 mln NXT? Seriously? Who would have that kind of money to buy tokens? ;)
Another not so realistic project valuation. While it has great potential, assuming that the demo client worth 200th of Pokerstars is laughable.
Unless I'm mistaken it's not even possible at this point to finish the project without smart contracts or something similar, that doesn't even exist yet.

200th of Pokerstars is not laughable, but NXT would need to be priced much higher before it happens. Either NXT is not ready for funding such large scale projects yet or projects need to start small with less funding and grow with NXT, in fiat market cap, that is.
Logged
Pages: [1] 2 3 ... 10  All
 

elective-stereophonic
elective-stereophonic
assembly
assembly