Nxt News – July 2017 (I): Well Done Is Better Than Well Said

July 2017 (I)

 

Welcome again, fellow Nxters! A new month brings us a new edition of the newsletter.

As always, whatever your interest and whoever you are, you are in the right place for your comprehensive analysis of all things Nxt and Ardor. Last week was eventful, with many interesting and exciting opportunities presenting themselves.

NXT COMMUNITY

NXT AE

DEVELOPMENT

PRICE EVOLUTION

 

NXT

This week’s newsletter is put together by apenzl, jagd, rubenbc and Jose, with final edits by Travin Keith.


NXT COMMUNITY

 

  • IGNIS ICO will be held on the Nxt Platform

From Nxtchat.Slack we are excited to pass you this information:

jean-luc [1:46 PM] in #trading:

The ICO will be conducted on the Nxt blockchain, therefore one needs NXT coins to participate in it. Those who want to participate in the ICO should better not be dumping NXT now.

It is intentional that users need to buy NXT in order to participate, this should help maintain the price. It is simpler to define the price relative to NXT and there is enough volume now to allow also selling the collected NXT.

Other coins will be accepted only via Shapeshift and Changelly, as integrated in the wallet. No BTC except via in-client exchange.

I believe Jelurida will provide an open public node so that users don’t need to install the client locally.

Also, from riker [11:05 AM] in #general, this FYI:

When a programmer tells you Q3 it is usually a code word for mid to end of September.

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  • Nxt Foundation in Money 20/20 Europe

The fearless Marketing Director of the Nxt Foundation, Travin Keith, recently returned from his trip to the Money 20/20 Europe Expo.

Nxt Foundation joined the Linux Foundation and Hyperledger, a project of the Linux Foundation, in order to grow our brand and expand the influence our platform and blockchain technology. Travin had some productive days in Copenhagen mingling with important people and drinking beer. You know his priorities are in the right order!

Looking sharp Travin

Remember the supporter program that the Nxt Foundation has, the brainchild of Travin?

Travin together with with Hanna Zubko of IntellectEU and Marta Piekarska of Hyperledger

The Supporter Program launched in early 2017 with the explicit purpose of creating a source of regular funding for the activities of the Nxt Foundation to better promote the use of Nxt and Ardor blockchain technology.

Growing our community requires full-time work and we are indebted to the many hours of work Travin and many many others put in for us. Supporters help greatly in this initial stage. Becoming a supporter of the Nxt Foundation also comes with numerous benefits, such as being listed on this page and having your own @nxtcommunity.io or @ardorcommunity.io email address. Please note, however, that while the Nxt Foundation is grateful to its supporters, being one is not a sign of endorsement from the Foundation.

Travin Keith states:

If you would like to be a supporter, please fill out this form on our website with all your details.

Source and more information:

https://www.money2020europe.com/

nxtforum.org/news-and-announcements/nxt-foundation-supporter-program/

https://www.nxtfoundation.io/supporters

www.nxtfoundation.io/wp-content/uploads/2017/03/Nxt-Foundation-Marketing-Strategy-2017.pdf

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  • #OpEasterEgg

Hint: Try searching the Nxt Marketplace.

Also, there are some free beer vouchers still left in this account.

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NXT AE

 

  • Janus – Summary 

Bjorn, the Marketing Director of Janus, who last week announced that he is devoting 100% of his time to Janus and launching TradeMimic.com has this quote, which should be no surprise to those who follow the Weekly News:

The house on both etcbets.com and BetterBets.io got killed this month.

These sites will always be xfactor businesses. Some months awesome some red. Recently some larger players moved into etcbets.com which is great but they are also mostly in the positive. However, this is why it’s important we continue working on our mainstream sites to push the subscription and sales revenue which in time is much more regular and less chance based.

The divs monthly are provided when there is profit and canceled when there is an overall net loss. This monthly period from the current two sites that are profit sharing, we had a net revenue loss from players winning more than the sites profited.

In the near future when business revenue stems from several industries things should progress more naturally financially as long as our sites see the success we hope as a team and company to achieve.

Best regards,

The Janusproject Team

More information: #janusproject (Join Nxtchat on Slack) | Twitter

History and news: https://www.nxter.org/ae-janus-4348103880042995903

https://janustoken.com

 

 

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  • Adel – First Members-Only Mastermind

News of the fast evolving world of blockchain takes us to Adel and the Adel ecosystem.

From Adel, we have this message to their members to share about the first members-only meeting that is coming up.

Hello,

What a week in crypto!  Although the markets have taken us on a wild ride, one thing is sure: The Adel Ecosystem is here to accomplish its mission, regardless of market volatility.

ADL Membership Rate Reveal

Throughout the Adel ICO, ADL membership was paired to Bitcoin. We are announcing our membership rate of 64000 ADL.

This rate will be locked in for the foreseeable future, and must be maintained to retain membership. If ADL dips below this rate, you will have 7 days to top-up and maintain your membership status.

First Members-only Mastermind

Top up and reserve your spot, at our first members only meeting on Monday, July 3rd at 20:00 CEST (18:00 GMT and 14:00 EST).

If you have bought enough ADL, to receive your community membership invite, please reply to the email you got with screenshots showing proof of your ADL holdings.

6 New Videos

https://vimeo.com/AdelEcosystem

This past week we have posted six new videos to our Vimeo Channel.  Video is a great way to get to know us.  Follow our channel and share videos with your social friends and followers.

If you have suggestions on what videos you’d like us to create, please let us know!  We want to know what’s important to you.

Thanks for your continued support and engagement.

Despite the volatility present in the crypto markets, new frontiers and new ideas abound. We wish them their continued success.

 

 

More information: www.adelphoi.io

Twitter LinkedIn Facebook Reddit

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  • SCAM ALERT: Beware of Fake ARDR Assets on #NxtAE

Nxt users, someone wants to take advantage of newcomers to steal your money. There are false assets out there, including a false ARDR asset. These underhanded tactics are designed to prey upon the naivete of newcomers.

Be cautious and be careful. There is little or no safety net when you trade in a decentralized environment.

In order to keep your NXT secure and trade safely, please follow our handy tutorial on the asset exchange. In it, we explain the Nxt Asset Exchange and how to keep yourself safe from scammers and miscreants. Please ensure your familiarity with the AE in order to keep yourself and our community safe and welcoming of our ever-growing user base.

The ID of the TRUE Asset ARDR is 12422608354438203866.

To prevent fraud always check the asset ID and confirm that it matches what we have listed.

 

 

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  • Transactions sent to the Ardor issuer account by mistake

Attention Nxters! We have important information regarding users who sent Ardor assets to asset issuer account NXT-FQ28-G9SQ-BG8M-6V6QH.

Riker states:

Regarding users who sent by mistake Ardor assets and NXT to the Ardor asset issuer account NXT-FQ28-G9SQ-BG8M-6V6QH see https://nxt.org/buy-ardor-asset/

As already discussed this account is under account control by the Genesis account which has minus balance and is therefore locked for outgoing transactions. Therefore we cannot currently release these funds.

On the next hard fork, scheduled for the time of the Ardor distribution, we will implement the following changes to release these funds:

1. For Ardor assets – we will revert all incoming Ardor asset transfer transactions so that these assets will be returned to the sender. In most cases the sender is an exchange account, users will have to make sure the exchange from which they sent the transaction will reimburse their account.

2. For locked NXT – we will remove the account control from this account and manually reimburse NXT locked in it, users who sent these transactions from exchanges should provide convincing evidence that they are indeed the original owners of the locked NXT.

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DEVELOPMENT

 

  • Changelly Integration coming soon to the NXT wallet

Exciting news from the development front. Riker, one of the lead devs on Nxt and Ardor of Jelurida, has this to say:

The NXT wallet already supports exchange to and from NXT using ShapeShift.
Soon we will release similar integration with Changelly.

Menu item


https://drive.google.com/open?id=0B6CzL2REgWiMVDZsMG1UR0xhUU0

Changelly Page


https://drive.google.com/open?id=0B6CzL2REgWiMWHNkYUpvUTBEaU0

Sell NXT
https://drive.google.com/open?id=0B6CzL2REgWiMQ3BlZkJFODF0Mnc

Buy NXT


https://drive.google.com/open?id=0B6CzL2REgWiMQ1pRYzRYSTRkMkE

Changelly Transaction Data
https://drive.google.com/open?id=0B6CzL2REgWiMYUFoQVVBNHBJS3M

Source: https://nxtforum.org/general-discussion/changelly-integration-coming-soon-to-the-nxt-wallet/

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  • Ardor Testnet Reset

As we continue to grow our platform, the developers have stated the need to reset the Ardor testnet to a new Genesis block that will incorporate new features documented in last week’s issue: smart phasing and asset increase.

Riker:

Folks,
Just a warning for now, at the next release of Ardor 2.0.4e, we will reset the Ardor testnet to a new Genesis block which will include a snapshot of the NXT testnet aliases, currency names and account properties and also enable the new features like smart phasing and asset increase.
Not sure yet about schedule, just wanted developers to be aware of that.

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  • Weekly Reminder

We are one week removed from our inaugural launch of the “Weekly Reminder”.

As our user base grows, we will continue to be asked questions that we have already answered in depth. This new section is dedicated to the technical side of our platform.

No patience downloading the Nxt blockchain?

martis [7:10 AM]:

You can find a Nxt blockchain snapshot, dated November, 2016, at the bottom of this page: https://nxtportal.org/resources/

But you can also run Nxt client in lite mode, so you don’t need blockchain at all.

Lurker10:

In the Nxt client.
https://nxtforum.org/nrs-releases/nrs-v1-11-5/

Activate Lite mode, and blockchain will not be downloaded, very little bandwidth consumed.

a) Unpack Nxt client if you use the zip link or install if you use the installer.

b) Locate directory nxt/conf.

On Windows it is here: C:\Users<UserName>\AppData\Roaming\NXT\conf

Mac: ~/.nxt/conf

Linux: /conf folder under the root installation

c) Create a text file nxt.properties in this directory with a single line:

nxt.isLightClient=true

start the Nxt client and it will not be downloading the blockchain.

If you are not running (and forging with) the full Nxt Client, you should consider leasing your NXT balance to a forging hub.

As everyone needs a refresher every now and then, this week we decided to refresh your memory on activating lite mode before running the Nxt Client.

Last week’s newsletter had vital information about BTC and fiat pegged child chains on the Ardor Platform.

 

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PRICE EVOLUTION

  • TradingView – NXT One More Wave

NXT could reach target 11000 on next push.
NXT could reach target 11000 on next push.

Source: https://www.tradingview.com/chart/NXTBTC/rBvCmz0g-NXT-one-more-wave/

(Back to the Index)

 

  • Trading View – NXT/BTC Breaking Triangle

Hello Traders!! Once NXT moves out of triangle we can expect it to move up .Ideal entry would be to wait for candle outside triangle TP1- 0.00007136 TP2- 0.00007500 TP3- 0.00008000
Hello Traders!! Once NXT moves out of triangle we can expect it to move up. Ideal entry would be to wait for candle outside triangle TP1- 0.00007136 TP2- 0.00007500 TP3- 0.00008000

Source: https://www.tradingview.com/chart/NXTBTC/uqKCjWnI-NXTBTC-LONG-Breaking-Triangle/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

(Back to the Index)

  • Trading View – ARDR making its way 14,000

Broke from falling wedge and seems to be following support/elliott wave, albeit slowly given the market conditions. Just my best guess for the moment. Holding long so won't be aiming for hitting the swings. First time taking a stab at charting, would appreciate any feedback!
Broke from falling wedge and seems to be following support/elliott wave, albeit slowly given the market conditions. Just my best guess for the moment. Holding long so won’t be aiming for hitting the swings. First time taking a stab at charting, would appreciate any feedback!

Source: https://www.tradingview.com/chart/ARDRBTC/2z6lHfgE-ARDR-making-its-way-14-000/

(Back to the Index)

 

  • TradingView – ARDR uptrend intact, ready for a run?

Bounced off 8,000 or so, potentially trending back up from here? Looks like it could go 14,000+. Publishing this just to put it out there and get some thoughts. Holding long, especially with the Q3 release coming up. Not a chartist by any means. Thanks and good luck all!
Bounced off 8,000 or so, potentially trending back up from here? Looks like it could go 14,000+. Publishing this just to put it out there and get some thoughts. Holding long, especially with the Q3 release coming up. Not a chartist by any means. Thanks and good luck all!

Source: https://www.tradingview.com/chart/NXTBTC/rBvCmz0g-NXT-one-more-wave/

(Back to the Index)

 

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex over this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex over this past week:

(Back to the Index)

Happy Summer, and for our American audience, happy Fourth of July!

Stay tuned next week as we continue to provide you with all the relevant and exciting news for Nxt, Ardor, and all things involving the accelerating growth of the blockchain space.

Follow us on Twitter for important breaking updates during the week as they happen. Stay committed and stay informed fellow Nxters! See you next week.

Alphonso Morris Q & A

Source: nxtchat.slack #qu_answers

Thursday May 18th starting 1pm – 2:30 pm eastern standard time


ascendus
On behalf of Janus Team, thank you for showing up.
Moderation will be performed by @marenkar !

marenkar
Welcome everyone to the QA with the newest member of the Janus team, Mr. Alphonso Morris Jr @almo3ree23! I have personally verified his information to be accurate based on several techniques to prove identity. Without further ado let’s get to the questions. Please remember, we need to screen questions first so please post your questions to #janusproject. If they are approved, I’ll ask them here with a tag to you.

I have some questions to get started but will be checking #janusproject regularly. To start things off, here’s the first question:

Who are you and what is your career experience?

almo3ree23
My full name is Alphonso Morris Jr.
I’m 51 yrs old. I was born in Philadelphia PA and currently live here.

http://linkedin.com/in/alphonso-morris-jr-b8a21170

marenkar
Philly sounds like a great place!

almo3ree23
It’s a great city.

I have several years of experience in various fields not as much in the Crypto / Blockchain world more so in the fields of Photography, Event Planning & Promotions. Public Relations Director, Artist Management, Personal Assistant, Music & Television for over 20 yrs.

marenkar
A lot of people on #janusproject are asking, how did you meet the Janus team?

almo3ree23
It’s a funny story….. I met Bjorn’s wife at an event, I was working in Bethlehem PA, there’s a Casino built on the site of the famous Bethlehem Steel Co. I met her a few years earlier. She wanted me to meet her husband for years.

She happens to drag him out of his cave for a little R&R. After the show, we met for drinks and hit it off. It didn’t take long for us to connect and discuss life, family, work etc. Louis & Robert [also from the Janus team] I met later.

marenkar
That’s awesome! Nice to know that there’s a good personal relationship as well.

almo3ree23
They’re a great team to work with.

marenkar
@crowne asks: Is Nate Morris from Boyz II Men your brother by blood relation?

almo3ree23
Yes he is
Yes he is my little brother, we’re five years apart, and I can still beat him lol

marenkar
Haha good to know! 🙂

Alright, another common question on #janusproject is – “What ways will you help the Janus team expand grow as both a team and future company”?

almo3ree23
Explaining how good something can be to others is easy when you have a team & product as good as this. We’re all driven to succeed focused on producing quality, I believe creative minds tend to work well together. My interactions with members of the team has been very good. I believe my 30 plus years of public relations, world travel, and personal contacts will benefit the team as we grow.

I’m anxious to get into the creative process.

marenkar
Sounds great! Looking forward to seeing what you can do with Janus.

We have another question as well from @merk: given your association with Boyz II Men – “Who is the most influential person you have ever had the privilege of meeting”?

almo3ree23
Niece, 1998, The World Music Awards, Royal Yacht Club. Its me Ant, Stevie Wonder, his assistant and Prince Albert Of Monaco. Having a conversation about being royal. Needless to say, we were all bent…. out of our faces…

marenkar
That’s pretty awesome!

almo3ree23
Oh and Salt&Peppa were there as well!

marenkar
Question from @qiwoman – “What advice do you have for potential investors looking at JANUS”?

almo3ree23
I joined the team two months ago and my observation of Janus is that it’s a solid company. They have good direction, good products, dedicated to their investors and their brand. Janus is also growing exponentially.

marenkar
Another question that is being asked regularly on #janusproject is “To what degree can you utilize your ‘special’ industry contacts to help your team gain an advantage with online business sites and other Janus activities?”

almo3ree23
From my personal experience, we are only as good as our word on any level. Information is power in the right hands coming from the right people.

I’ve earned mutual respect from some influential people in the entertainment industry who I’ve worked for or with over the years. People like ( Ken Ehrlich ) Tv Producer Grammys, AMA’s Etc.
( Usher Raymond ) Music Producer / Entertainer I consider close contacts. There’s always the possibility of an outright endorsement of a product, company, idea or the like based on how Bjorn wants to proceed.

marenkar
Whoa, that’s quite a list of contacts to bring. Nice!

@wolffang asks – “Since you are the Brother of a boys2men member, do you know Beyonce through him? ”

almo3ree23
She was on The Evolution tour with Destiny’s Child and Boyz II Men in 1997.
I was their personal photographer during the tour.

marenkar
Whoa, that’s awesome. There’s a group trying to parody her name as blockchain. 🙂

Speaking of blockchain, another question that’s asked on #janusproject is “Had you heard of Bitcoin or Blockchain before joining the Janus team”?

almo3ree23
Yes in my travels abroad I noticed it being used but that was the extent of my Bitcoin or Blockchain knowledge. It didn’t take long for me to start asking questions.
I’m not a religious person per say but I can say I’ve seen the LIGHT!

marenkar
Welcome into the blockchain community 🙂

A good question that @qiwoman brought up is “With marketing JANUS mainstream sites, do you feel you will be able to attract outside mainstream investors into JANUS blockchain token shares?”

almo3ree23
Yes with my contacts in music and television it wouldn’t be a problem for me to explain Janus to as many influential people and companies as possible.

marenkar
@cryptoracer asks: What areas of marketing and promo (and to what demographic) do you think will benefit Janus the most, re. exposure?

bjorn_bb [marketing director of Janus]
The primary marketing angle will vary based on the business type, for example, our Forex/Crypto mainstream site from this year will be tackled literally by the main stars of that site, chiefly the wave callers (professional traders). Money and personal fame is the driver.

In terms of year 2 adoption, we will be using creative methods to introduce general mainstream users to our token(s). This is something our team excels at and keeping the tech out of the equation will be always primary to reduce barrier of adoption.

ropes
What will be the main marketing angle for Janus project, what is the plan of delivery and what are the ballpark estimates for year 2 adoption in mainstream?

almo3ree23
I’m very visible in the entertainment world, I travel regularly so I can tap into the international markets, I’m experienced in promoting products, and have a respected following.

marenkar
Awesome. More exposure would be great. More in Janus would mean more for Nxt and Ardor too, so we certainly welcome that 🙂

A great question by @martis (and earlier by @wolffang), speaking of Nxt – did you try to play with Nxt features? And if yes, what is your first impression?

almo3ree23
Yes, I have it installed and have looked at it. It’s a very powerful platform!

I’m still wrapping my head around some of the features, but I’m still learning.

marenkar
A casual question from @wolffang – What is your favorite place to spend the holidays?

almo3ree23
Sidney Australia or Tokyo Japan are my two favorite cities

qiwoman
What is your projection of JANUS 12 months from now?

almo3ree23
I can project that it will be the number one token in the market! Just my personal opinion based on my observations and markets.

bjorn_bb
This is obviously highly speculative, but we believe that our tokens can appreciate in value almost by sheer force of work and business success. A store of value backed by our team can only stay at one value so long if we keep our roadmap and vision strong without becoming complacent. I’ll be the first to tell you that my goal is empire level, and you don’t get to that point without drive and ruthless ambition.

marenkar
A great question from @merk -“With the upcoming formation of FL3X (the Janus parent company), what role will you play in the formation and what position will you hold (if that has been discussed)”?

almo3ree23
Company brand ambassador to start, we’re still forming positions but eventually partner.

merk
Cool. Thanks.

marenkar
Awesome! @martis is also asking how you will be promoting crypto tokens to people who aren’t familiar with the technology and the community?

almo3ree23
I’ll be promoting thru my contacts in mainstream the business sites we develop. Those business sites will be using our tokens in both direct and indirect ways. I’ll be facilitating the communication with these people in order to partake in the use of the site or promote the site itself.

marenkar
Awesome. Having a person these contacts can trust is a great way for them to get connected to it. Let them know they’re welcome here as well! 🙂

Ok, we’re at an hour now, so I’ll close it off with this question – How long will you be staying with the company and team? Do you plan to become partner and see it develop into what the Janus team has described?

almo3ree23
I’m here for the long haul. I never run away from a challenge. We have great things planned for the greater community. We want to make Janus a household name. And yes I will be a full partner in this endeavor.

marenkar
Awesome. Thanks to everyone who participated in this Q&A and thanks especially to @almo3ree23 for coming on here and answering all these questions. Thanks again to Janus for choosing Nxt!

almo3ree23
Thank You all for your time and attention.

bjorn_bb
Thank you all for coming out to meet Alphonso today, as always thank you to the community for the strength you help give our project and team. Press releases will follow shortly and a giant thank you to the NXT foundation for helping with everything today, including the ID verification of Mr. Morris.


Follow Janus: Twitter | Bitcointalk.org | Slack #janusproject

Latest Janus news and market data: https://nxter.org/ae-janus | Nxt Newsletters

Janus Dividend (2017-5)


June 1st

A total of 313996.0317951 NXT
distributed among 391 accounts
which own a total of 20,933,068.78634 shares

0.015 NXT per Janus token owned

9638088763182480941


Bjorn_bb:

ETC community was happy on their portion, I just got done speaking with their core groups. Cyclical relationships I spoke of this 6 months ago for those that remember - over time you will see how I keep them as a core methodology. Help others help you, in plain English.

Same goes with stocks.exchange and our community helping with volume, in turn he advertises Janus. It's a win/win, never underestimate it. ROI comes in many ways. 🙂

Expect some media push soon, big thank you again to the NXTer magazine team for their help. This will be a big press release possible several medium to large outlets.

We are about to refocus as a team on mainstream businesses​ again, shift is coming. If everything goes as we plan, there will be a series of delivered projects and biz around the same time. I'm handling several things for ETC and making some good things happen but our developers will be moving mainstream now.

We also have confirmation from marenkar (NXT Foundation) that the NXT/Ardor core team will be able to make all our lives easier with migration to Ardor Janus once ready.

This is all I have for now, thanks everyone

More info: Nxter.org/ae-janus

Last month's dividend

 

Janus Dividend (2017-4)


May 1st

A total of 517095.84601752 NXT
distributed among 374 accounts
which own a total of 18,467,708.78634 shares

0.028 NXT per Janus token owned

15350389444990902579


Bjorn_bb:

Thank you to the Janus community and those who see the value in a long-term investment with our team, as we approach the upcoming launch of our new Ethereum Classic business… This is a great time to reflect on blockchain initiatives. This is also the pivot point where our team shifts focus back to the Social Trading site and some media sites for our JanusXT holders.

If you are wondering “Bjorn why the hell are you so confident about this Social Trading/Fintech site for the past year?” , the reason is because nothing has power like a business model that empowers its users to succeed, both monetarily and making them the rockstars of finance, and we will nail the flow of this site even if it takes 10 versions to perfection.

Thank you again for being the awesome community core we have come to rely on for opinions and a good laugh from time to time, the future is what we make it!

If you only read one part of this article, read the last part: http://www.marketwatch.com/story/crypto-trading-grows-4500-in-one-year-on-etoro-as-bitcoin-price-hits-all-time-high-2017-04-27-92031812 

this is why we are building it

Yeah the distribution of profit is all NXT software driven, it doesn’t discriminate you just have to hold the JNS in a wallet under your control.

More info: Nxter.org/ae-janus

Last month’s dividend

Janus News summary – April (II)

Welcome to an end-of-the-month summary of the latest Janus news;

May 1st Dividend

If you still have Janus (JNS) on c-cex, remember to send them to a Nxt account you control. Your Janus profit share payment will follow your Janus tokens – if your tokens are on a centralized exchange on the 1st of May when the Janus dividend transaction is submitted, the exchange will receive your dividend!

Oh. Bjorn just stopped by Slack:

bjorn_bb [1:58 PM], today:

Just popping in before I lose internet. I was doing some last minute security and pc maintenance and found an old litecoin wallet from several years ago. For transparency reasons I converted it to NXT and will just add the funds to your dividends. I’m doing this because two primary reasons.

1. It’s my funds from a time I just dabbled in trading and mine to do as I feel best.

2. I really am happy and proud of this community.

That is all, have a great weekend everyone.

JNS distribution

The 2nd distribution of Janus (JNS) tokens sold out faster than expected.

On April 13, Bjorn announced that it would be the final Janus distribution ever, and added:

We will reduce total Janus in existence to 25,201,489 JNS.

To allow investors to buy JNS with BTC and keep their NXT for the upcoming IGNIS distribution (which will be based on the amount of NXT coins in your account at the time of the Ardor Genesis block), the remaining Janus tokens were moved from the Nxt AE to c-cex:

On April 20, the 2nd and final distribution of Janus (JNS) sold out on the Nxt AE and c-cex.com.

72M+ Janus tokens (JNS) burned

72,067,503 Janus tokens were instantly burned.
The total of Janus tokens in existence is thereby reduced to only 25,201,489.

Bjorn writes:

This leaves 16,201,489 in circulation, assuming none of the JanusXT holders leave the project.

JanusXT spots all sold out

On top of this, the final JanusXT spot has been sold.

https://twitter.com/FloatingLamps/status/857596192435441665

Upcoming ETC bonus + extra income stream

The Janus team is preparing for an early May launch of their ETC community site.

We will soon be launching a community-centric use-case for Ethereum Classic.

We are very close to finishing, however developers need a bit more time to ensure Ethereum Classic wallet security is on par with our standards, as well as,  testing multiple areas of the site and correcting issues we are finding.

Rest assured, our team is working 70-80+ hours per week to ensure a positive impact for the ETC community and Janus community on our project.

There will be a launch bonus for Janus holders, as well as a welcome bonus for ETC community members: 2 ETC per Janus slack user / Ethereum Classic community member. 200 ETC per community for trying the new service out. Bjorn and Luis will give instructions how to claim to cut down on duplicates.

Luis explains:

A google form registration will be needed. Bonus applies to the first 100 who sign up. Must be Janus/NXT slack current user.

and bjorn_bb continues:

Ethereum classic slack will receive the same so it’s a great time to meet new people talk crypto, find common interests, and in general build the growing overall Janus community. Also to have fun..!

10% of the ETC site’s profit will be paid to Janus (JNS) holders, 10% to JanusXT holders, 10% to the ETC developers in turn for their help with pushing the site and helping Janus, and 70% goes to the Janus Team.

Exchanges

Some in the community have voiced that they’d like more centralized exchanges to add JNS.

The following exchanges have been contacted by the Janus Team. “Most exchanges just need to know that people support the project, they are in the business of volume and need an indication of profit. So, this is a way for the community to help: take a moment and select the tweets you want to spread”, writes Bjorn.

The brand new stocks.exchange has also listed Janus and states that you will receive dividends here without assets withdrawal. If volume picks up, this may turn into a fine option for traders, just remember that it’s a centralized exchange and never as safe for storing your assets as your local Nxt Client.

Janus member Q&A 

The Q&A with Janus’s new team member will have a date set shortly after the ETC business launch.

Bjorn writes:

I promise you don’t want to miss the big reveal on the man that will become much of the face for our large mainstream sites and his amazing global contact outreach. The NXT Foundation will help host [the Q&A] along with the rest of our team.

Social Trading is our first bridge from crypto to mainstream. Forex/crypto trading on the same site.

That’s all for now, folks. Sit back, wait for your NXT balance to grow on the 1st of May, and check the dividend tx details in the account ledger. The dividend transaction ID will also be posted here and on the forums.

Do not miss a Janus update, join their Slack channel, and follow their social media channels.

More Nxt assets can be explored on nxter.org/assethub.

Janus news summary

The Janus project team has been dropping hints and updates in their Slack channel, as well as announced some significant changes for the Janus project, which are going to be implemented.

Here's a summary, to Janus holders but also to those who still hold back from investing in Janus.

Burn Janus, Burn!

22,500,000,000 Janus tokens were issued on 5-Aug-2016, 06:31 pm.
There was an ICO. Then there was an NXT token sale. And community building.

On April 13, Bjorn writes:

We will reduce total Janus in existence to 25,201,489 JNS.

5 Million of that will be kept on the main Janus account (they receive none of the dividends, therefore do not detract).

2.5 million for our team's holdings, 2.5 million for community efforts/bounties in the future and the like, 2 million will go to the final JanusXT holder when he/she comes to us.

This leaves 16,201,489 in circulation, assuming none of the JanusXT holders leave the project.

When the 2nd distribution of Janus tokens on c-cex.com and on the Nxt AE have been sold out, NO MORE tokens will be sold by the Janus Team.

July 3rd is the end date of the 2nd distribution, plus the last chance to support the Janus team directly. Remember that any buy from the team is an investment in the team's work, which aims to make your investment worth.

bjorn_bb:

After July 3rd the market will be fighting each other for tokens.

We decided this is best to carry all who are in since December until this July with us. Then after latecomers will have to pay more premium. By premium I mean they gonna be buying it from you all.

However sells could get ever scarce as the passive income becomes the level we want, and I plan to add Janus as a payment option to 2 sites for a continuous buy up driver. The key is making a discount enough to take the time to buy and use it as payment. If a service on social trading site is 400 USD for example a 25% discount paid via Janus tokens should motivate. This then feeds us tokens, causes market push, and should in theory drive volume.

 

New sites, better Dividends

Janus holders can expect an addition to the monthly NXT profit share from the BetterBets.io Casino, “people who aren’t a fan of dice may really like this one,” bjorn_bb writes.

Janus holders will get 90% of the NXT profit.

  • A new blockchain based business site will launch soon after;

This is an unexpected evolvement, and the new site's going to add an extra revenue stream to Janus and JanusXT holders. 10% to Janus holders, 10% to JanusXT holders, 10% to the "outside developers" for helping push the site + also helping Janus, and 70% to the Janus Team.

  • In May, a new site will be added to the JanusXT holders' portfolio of income sources

This site will easily be replicated to many areas of pop culture. And yup, it's just one of the advantages of being an XT holder.

Janus XT

Want to get JanusXT?

 

New team member

A new and influential member has joined the Janus team. Who this person is, will be announced soon. His work will begin with the launch of the social trading site.

Bjorn writes:

His job won't be like ours, he may work 20 hours a month but what he can provide is priceless. I am proud of what I can do, but he can open doors that are impossible for even top marketers. It's hard for a new guy to come into a team working together for so long, but he's everything I realized when we met last summer. I just didn't think he would be interested in joining until January. 30+ years of experience in numerous fields and industry very few have direct access to.

We are coordinating with the Nxt Foundation to get his identity verified for you (I assume you all trust their word by now). Once that's done we can roll out the QA with him on a yet to be determined medium, end of the month.

His passport has been sent to the Nxt Foundation who will talk with him and confirm his identity. When the QA comes there will be no doubts about his authenticity and we will see why this verification process was important. "So that we aren't making some crazy claims", writes Bjorn.

The social trading site

Bjorn has revealed the name of the future site: www.trademimic.com

Janus' aims to hit the mainstream with this site, which will soon be beta-released and tested inside the community, then soft-launched in July.

Bjorn writes:

Trademimic.com is focused on Forex, but as we said in December, it will have altcoin options and Bitcoin. Subscription based. And there will be tiered packages. More options higher price.

We'll finish up with the social trading fintech site by July. Then market like mad. Our new team member's first major assignment will be that site.

-

Do not miss a Janus update, join their Slack channel, and follow their social media channels. More Nxt assets can be explored on nxter.org/assethub.

Janus Dividend (2017-3)


March 28th

A total of 294252.92831902 NXT
distributed among 309 accounts
which own a total of 13,375,133.10541 shares

0.022 NXT per Janus token owned

8213383200925147837


Ascendus:

This month is slightly smaller than the previous one, mostly because NXT price rise diverting attention from larger bets.

Bjorn_bb:

Thanks to everyone who helps spread the word of our token, businesses, and team goals. Expect many awesome announcements over the course of April-July, some will probably be a bit unexpected but the end is a great value and strong business for all of us.

Bjorn_bb:

Well I was not expecting this news so soon and I cannot give full details yet, but someone I know in person who has vast contacts in multiple high profile industries has just accepted our offer to join the Janus team to help in marketing and business relations.

We had numerous discussions with our new team member and revealed the entire plan for our parent company and future sites, we couldn’t be more thrilled to have him on board for now and the coming years he has committed to!!

Having this person on our team could put us years ahead of marketing penetration.

More info: Nxter.org/ae-janus

Last month’s dividend

Janus Token Distribution 2

The next round of Janus (JNS) tokens will be released on March 4th.

Distribution + burning will equal 10.5 mil. "The people who helped create this distribution plan are long term holders with intent for best Janus success possible", Bjorn writes.

- "It's a joint effort between us and our community and will be each time. This way it never becomes one sided. Remember each distribution covers a 4 month period. During this time we can evaluate the impact of each revision and make changes on the following distributions for a positive result for both project funding and market sentiments".


Janus Token Distribution 2

March 4th - July 3rd, 2017

Name: Janus

Token asset ID:
4348103880042995903

The batch is 10,500,000 Janus (JNS)

-

2 million Janus (JNS) tokens
will be set on two exchanges at 3 NXT per token:
1.5 million Janus on the Nxt Asset Exchange,
500k on C-cex.com exchange to give a BTC/JNS option for purchase.

-

Four million JNS tokens will be set aside allowing for the ability of two
people to reach the 2 million token requirement for tier 1 dividends (JanusXT).
The rate per token is set as follows: 2.25 NXT per JNS - a 25% savings from the market price.
(BTC or Ardor payment options also accepted, contact us for current market price)

-

Two million JNS tokens in 2 allotments of 1 million Janus are set aside for those wishing to make a large investment into Janus but who are not able to go for XT status. Each is sold at a rate of 2.75 NXT per Janus - a savings of 8.33% off the market offer price.
(BTC or Ardor payment options also accepted, contact us for current market price)

-

2,5 million Janus (JNS) burned
The Janus team has reduced the total supply of Janus through a currency burn of 2.5 
million tokens

-

For the large buy-in options contact the Janus Team via
slack or email bjorn @ janustoken.com to complete the transaction.

If any unsold tokens exist they will return to the Janus distribution account to be used for future quarterly disbursement. Another small thing to take note, when the distribution hits, Janus' market cap will jump from the new tokens in circulation. Over time keeping the project unnoticed by the general crypto community may get more difficult.

Source: https://goo.gl/SeIfI8

Janus @ /assethub

[NXTBridgeAssetStock id=4348103880042995903]


What's cooking behind-the-scenes?

Bjorn, Janus Team's concept developer and marketing director, reveals in Slack:

The Janus developers are in full swing coding 2 sites that will launch before July. The other half of our team is immersing in the forex community now. Getting prepared for the social fintech site, I've started reaching out to traders with social followings that are in excess of 1000 people. We should have several professional traders ready after beta ends.

Janus users will get first looks and testing though then beta will pull more until we feel confident V1 is ready to go live. Everything looking very solid, more news to follow on that in 30 days.

Our team will not pursue US exchanges as their policies are vastly different than the rest of the world. So if they do list JNS then great, but it's not a focus, dividends and US seem to have issues, and Janus tokens for us are a vehicle to deliver profit sharing.

If the community gets JNS listed at various places then fine, just be sure to return the tokens to your Nxt accounts to collect revenue each first of the month. Otherwise, it goes to the exchange, which is nice for them but not for holders.

Some may have missed it, but this project isn't really a project, it's the life work for at least 2 of my team; Lobos and I. It's our end goal, retirement. Create empire, then grow empire, then future generations take over. The token partakes in this and will just evolve as needed to stay current.

Janus Dividend (2017-2)


March 1st

A total of 364726.25756003 NXT
distributed among 299 accounts
which own a total of 12,576,767.50207 shares

0.029 NXT per Janus token owned

16826662034622958228


Bjorn_bb:

Our team will not make much fanfare over it, reason being that the current organic growth of Janus is many times better and allows for the focus to be on our work vs. promoting token sales.

If Janustokens sell it’s because people see value in each milestone, if they don’t then we work harder, this is the best way to progress.

Last month’s dividend

Nxt news – February 2017 (I): If You Want Something New, You Have to Stop Doing Something Old

NXT NxtCoin 2. generation cryptocurrency news
February 2017 (I)

 

Here’s some of the latest news about Nxt over this past week in February:

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about each of them:

 

NXT COMMUNITY

  • Ardor – Advanced Users of Nxt Give a Hand in Tuning it Up

Riker, one of the Nxt and Ardor core developers, has invited users on NxtChat on Slack for some volunteers who have a solid knowledge of Nxt to test the new Ardor software on the testnet, in order to speed up the opening of the testnet to general users, which is expected to happen in the near future.

Lior says:

As we are wrapping up the Ardor testnet release, and before we release it publicly, we are looking for power users who know NXT 1.x well to join us in testing the platform. This would be a volunteer base work (unless some whale would like to put an NXT or Ardor bounty for this). You have to be very technical, not easily frustrated and if you have prior background in software development and testing that’s a big plus.
What you will get is:
Access to an Ardor testnet public node first, then access to a binary distribution, and the chance to work with folks like JL, myself and other core devs side by side, who knows, perhaps this would also develop into an employment opportunity in the future.
Most important is UI testing. API testing is important as well. We need someone to test processes like create a poll, vote, check the results. Create an asset, send multiple ask/bid orders and verify that the trade results are correct etc. No need for coding but if know how to place a breakpoint in JavaScript code and check some variables values that’s a big plus.

It seems that things are running smoothly and this pre-release test will help refine some minor details to make Ardor, at least, as stable as Nxt has been throughout all these years. Ardor is on its way.

More information: https://nxtforum.org/core-development-discussion/ardor-pre-release-testing

Channel #developers at Nxtchat on Slack

(Back to the Index)

 

  • Nxtforum.org – 1000 New Users in January

We are to be excited! Throughout January, a thousand new members have joined Nxtforum. This is the second month in a row that this membership growth figure has been achieved. This large amount of newcomers, which is starting to become a regular occurrence, is a good sign of the interest that blockchain enthusiasts have put in Nxt and Ardor, which also seems to reflect on the price rise that Ardor has experienced during the past few weeks.

[easy-tweet tweet=”I am also a member of the Nxt community” user=”https://twitter.com/nxtcommunity” hashtags=”#Nxt #Ardor #Nxter” url=”https://nxtforum.org/”]

We’d like to encourage our readers to sign up and become a member of this growing community. Or, if you prefer, you can also join the Nxt community using the following platforms:

More information: https://nxtforum.org/index.php?action=stats

(Back to the Index)

 

  • Janus – First Dividend Payment from Betterbets

The Janus team has distributed the first dividend payment coming from Betterbets.io, the betting platform that belongs to Janus, among its investors. The recent successful integration of ShapeShift in this platform allows the players to buy NXT using other cryptos and place their bets straight on this platform with NXT.

Moreover, the volume of bets that were placed using NXT has been quite remarkable. Bjorn, member of the Janus team, explained:

Just to give a recap for stats sake, it’s been about 11 days since NXT on Betterbets.io went live without downtime. Total:   Bets: 965,920   Wagered: 2,255,526 NXT.
NXT stats at almost 1 million bets isn’t too bad really. Over 2 million in volume wagered, also solid. I don’t yet have the numbers for number of shapeshift.io purchases on site but will monitor this as well…

Source and more information: https://nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

https://www.mynxt.info/asset/4348103880042995903

(Back to the Index)

 

  • Liquidtech – Nice Dividend Payment

The LQD asset, managed by LibertyNow, has had a dividend distribution for the month of January with the equivalent of 3.4 BTC distributed among  investors, in the form of NXT and ARDR. Each investor received, in their respective Nxt accounts, 0.64 NXT plus 0.21 ARDR for every unit of LQD they own. This has been a good month for investors, with an ROI of 10.88%

It seems as if the tune up that LibertyNow performed on his bot in order to achieve the maximum profit (while reducing loses when markets don’t behave rationally) is starting to bear fruit. Liquid Technologies is well-known for its transparency. You can check, in real time, all operations of the fund at http://www.liquidtech.info/trades

LibertyNow commented:

After running a couple polls, I decided to split the dividend payment between ARDR and NXT. Everyone should see two dividend transactions in their accounts…one as a NXT payment and one as an asset transfer (the ARDR). The dividends totaled about 3.4BTC and new software updates seem to be chugging along quite nicely.

Source and more information: https://nxtforum.org/liquid/dividend-day!/msg229351/?topicseen#msg229351

https://www.mynxt.info/asset/17750387231635486778

(Back to the Index)

 

DEVELOPMENT

  • Ardor – Dividend Payment Teasers

This has been the forth week in a row where we get to see some previews regarding new Ardor functionalities. Damelon, of the Nxt Foundation, has shared some screenshots where we can see the new Dividend Payment feature that will be included in Ardor.

These images let us know that, when using Ardor, any business or project owner will able to perform dividend distributions to their investors with any asset or coin integrated on Ardor, or using the child chain coin.

More information: https://nxtforum.org/general-discussion/summary-of-ardor-platform-teasers/

Ardor – Details about its functionalities

(Back to the Index)

 

  • Ardor – Testnet Countdown

In our previous newsletter, we mentioned a list of pending tasks that Riker shared with a thread at Nxtforum. These tasks help give indication on the upcoming release of Ardor’s testnet, which will happen soon after all of them are fulfilled. The server code is almost completed and the APIs are stable, so there isn’t much left.

Riker says:

Things are looking good overall. One thing for sure, we are going to confuse you a bit with the fee structure from bundlers to forgers so be patient. Still hesitant if to open the testing to more people since currently it is much quicker to find bugs than to fix them. Whoever already has access is welcome to continue testing and if all goes well I’ll open this up for more testers in the next couple of days.

TO-DO list (updated as of February the 6th, 2017)

More work on the Coin Exchange page and tables (Needs more testing)
Prefix each MS currency name with the name of the chain to which it belongs (Needs more testing)
Ability to link from a child chain transaction to the ChildChainBlock transaction in which it was bundled (Done)
Improve the entity properties modal to support entities like orders and offers (Done)
Format amounts and links in the entity properties modal (Done)
Test and fix currency reserve/claim tables and modals (Done)
Remove child chain specific widgets from the Ardor UI (Done)
Remove Ardor specific widgets from the child chain UI (Done)
UI for the new “by holding” dividend modal (Done)
UI for the “by holding” dividend history (Done)

In addition we also need to double check the UI of the following modules for problems caused by the mode to per chain entities:
AEstill needs more testing
MSstill needs more testing
MessagesDone few open issues
DGS
– Voting
Cloud Data – Done
Aliases – Done
– Phasing
– Account Control – some problems
Leasing – Done
Account Properties – Done
Account MonitorDone, needs testing
ShufflingDone

Source and more information: https://nxtforum.org/general-discussion/ardor-testnet-countdown/

(Back to the Index)

 

NXT IN THE MEDIA

  • KCN – Nxt Based Messenger Aims to “Make E-Mail System Great Again”

Koles Coin News, a YouTube news channel that specializes in cryptocoins, has released a video about the powerful and secure messaging feature of Nxt:

[vsw id=”lmQrY-QDnKA” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Nxt platform strives to knock out traditional messengers by its new service. Company have decided to replace the traditional email systems with blockchain, allowing mail to be sent through a decentralized network such as CryptaMail. CryptaMail requires one NXT per message. With prices set for each message, we might have to pay for privacy in the future.

If you want to learn more about Arbitrary Messaging system of Nxt, you can visit https://nxter.org/nxt-core-arbitrary-messages/

Source: https://www.youtube.com/watch?v=lmQrY-QDnKA

(Back to the Index)

 

  • Invest It In – Adel, The Kickstarter for ICOs

A few weeks ago, we mentioned the announcement of Adel, a new cryptocurrency ecosystem that benefits from the technology of Nxt to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. The platform itself will have DAO-like qualities backed by a global cryptocurrency, the Adelphoi token, which will be released after the first round of the ICO.

Adel has recently been mentioned at Invest It In. Travin Keith, Marketing Manager of Adel and  Board Member of the Nxt Foundation, explains in this interview titled “The Kickstarter for ICO’s” about both of Adel’s objectives and the benefits that the Nxt platform brings, as well as the role that the community will play.

Travin explains in the interview:

Adel is trying to solve the lack of a platform for blockchain projects that doesn’t just help with launching the project with funds, but also provides support and guidance throughout the whole life of a project. Adel also aims to actively engage its community members in the projects and can also connect the projects with VCs for further funding if necessary…
Is Adel a decentralised organisation? – Yes, absolutely. While the Adel Board and staff will be providing guidance and support to the projects launched on Adel, major decisions… are decided with a vote by the community members…
…Smart Transactions… will be used for voting…
…it was deemed to be more ideal to use the Nxt blockchain… as well as the upcoming Ardor blockchain…smart transactions…phased transactions… One of the other features that Adel will utilize is the decentralized voting system for the polls that will be run for the community regarding major decisions
…The R&D team will release a few more projects before the ICO that will be proposed to the community.
…The DAO and Wings would probably be the most similar system in the crypto community… Compared with The DAO, Adel will have a more stable structure around it with guidance from the Adel Board, as well as support from the staff before projects are introduced to the community… The smart contract scenario that ruined The DAO will not be possible with Adel… unlike Wings, projects on Adel will not be limited to blockchain projects that support Ethereum Virtual Machine (EVM) functionality… While the Nxt and Ardor platforms will have the first right of refusal, if other blockchain solutions are needed for projects, then it will be possible to use other blockchain solutions…

Recently, as a sneak preview, Adel’s R&D team has shared their very first project to be proposed to the community, a P2P ATM which will allow users to find people nearby who are willing to exchange coins and cash on-demand.

Source and more information: http://www.investitin.com/adel-kickstarter-icos/

http://www.adelphoi.io

Join Adel’s chat on Slack

(Back to the Index)

 

  • Fintech Finance – Creating Value With Cryptocurrencies

The online magazine Fintech Finance has syndicated the fourth whitepaper of Adel, which has been recently published. The article called Creating Value with Cryptocurrency goes over the possibilities that blockchain 2.0 brings to both financial and administrative sectors (mobility, resilience, privacy, cryptographic proof, improved financial system, lower transaction fees…) and the advantages that the 100% decentralized and revolutionary technologies that Nxt and Ardor platforms can offer, to build up a project as big as Adel. These traits include: PoS decentralized blockchain, phased transactions, monetary system, decentralized voting, decentralized marketplace, shuffling, and a decentralized asset exchange.

The article explains that the value of Adel is in leveraging a state-of-the-art blockchain such as Nxt and Ardor, as well as the Adel ecosystem, and then combining these technologies with best-in-class business practices. Some of the advantages of the Adel ecosystem enumerated in the whitepaper are:

Project Approvals: The establishment of a Project Review Committee which not only ensures that Adel will launch profitable businesses, but also represents legitimate, legal and ethical projects… Successful projects will prove sustainable, long-term growth, as well as global monetization potential for blockchain technologies.
Decision Leadership: …utilizing expert decision makers to guide decisions in the community. Once a decision has been authorized by the leadership, it is then submitted to the community for consensus, enhancement and further decisions…
Open & Transparent: … auditable financial transactions for all projects and provides the foundation for a self-regulated community capable of making important economic decisions. The voting system establishes the opinion of the majority… Social forums allow for open and constructive communications between community members…
Integrity: … Adel’s integrity is the foundation of our success and for the sustainability of a profitable ecosystem…
Support : After a project has been launched on Adel… the project manager will be adequately supported by the Adel staff, as well as community members participating throughout the lifetime of the project… in the form of expert advisory services, finding employees, and assistance with securing external funding, such as with venture capitalists.

Source and more info: http://www.fintech.finance/01-news/creating-value-with-cryptocurrency-white-paper

https://www.adelphoi.io/#white-papers

(Back to the Index)

 

  • Search Engine Journal – Transforming Technology With Raspberry Pi

In this article at Search Engine Journal, Travin Keith, Board Member of the Nxt Foundation, goes over the revolution that the Raspberry Pi has caused in the tech world since its launch. The wide adoption of this small device, together with the communities that has emerged support this open-source project has allowed it.

All together, the Raspberry Pi has enabled the development of thousands of projects that rely on this inexpensive device. The article goes over some of them, but what stands out among the projects mentioned is the inclusion of the RasPi in the blockchain world, specifically with the Nxt blockchain. With Nxt being the first and most evolved PoS platform, which has showed its security and resilience by running smoothly over the past three years, it still doesn’t require a network of super computers (that consume as much energy that a nuclear power plant can generate) to run.

By setting up a Nxt node on a Raspberry Pi, you can easily participate in the Nxt ecosystem and help the block generation process in this feature-filled blockchain (called forging in Nxt), with an energy consumption of just a few watts per hour, which is probably less than the standby mode of your microwave. Such is an unimaginable achievement for PoW coins like Bitcoin. Additionally, as we mentioned in our previous newsletter, there are prototypes of solar-powered Nxt nodes built using a Raspberry Pi, such as the one made by Zuqka.

Source: https://www.searchenginejournal.com/4-cool-ways-raspberry-pi-is-transforming-technology/184601/

(Back to the Index)

 

PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex over this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex over this past week:

(Back to the Index)

Janus Dividend (2017-1)


February 1st

A total of 141141.30 NXT
distributed among 261 accounts
which own a total of 6,135,578.62645 shares

0.023 NXT per Janus token owned

16458905661296342642


Bjorn_bb writes:

It’s neat seeing a last minute idea go from conception to reality, this side benefit for Janus is really nice.

BetterBets income though will always be unpredictable, its based on player betting volume and luck. I didn’t expect a 100k+ NXT profit in such a short time, happy for you all, but this wasn’t expected so quickly. On the bright side a full month could be much better, but always keep this portion of the Janus token experience as a wildcard. In that industry, it always is. 

As of today Feb. 1st, everything we do will be for Janus project and business future. We are working on some last minute admin code, trying to get BetterBets to almost fully automatic, this way we can focus 100% on the Social Fintech site and some side projects. I am seeing now where we could be with 4-6 business revenue streams. The outlook is quite strong. This is just one [business] and although it was a good start, the difference between a medium sized mainstream business revenue and a larger blockchain business revenue are two totally different animals. Mainstream revenue is many times greater (not to knock our blockchain businesses) but it’s just a simple fact. More people, more users.

March 4th is the second distribution of 10.5 million Janus tokens and with it the price will be moved from 1.5 NXT per token to at least 2.25 NXT per. Plan ahead, we aren’t playing games in terms of our work and business as I see people starting to realize. So if you want ground floor prices, this is it over the next 30 days.

Janus won’t be over hyped, it will by success gather users so in time I feel this token will become what is referred to as ‘cult classic’. My reasoning behind this theory is because the original ICO plan didn’t work out as planned, it has put us into a position of proving our tokens worth through action/demonstration, which you are seeing now (at least I hope haha) as weeks go by.

Per our roadmap which will always be liquid btw, this month is the time we buckle down for code and conceptual idea building. When we reach certain milestones I’ll keep you all posted, part of the Social fintech site involves private chat rooms for each master trader (signal callers) so it’s going to be a large endeavor for our developers. Plus i’m a bit picky when it comes to how site flow is especially for this upcoming business…it’s sort of my baby. The site will definetely have a beta testing period, and Janus users will more than likely get first crack at it. That will be the time when you can give all thoughts and feedback, and feedback will be essential. Keep in mind it won’t be just forex site, it will have a crypto portion as well so if you’re a heavy day trader in either we will need your input/suggestions/rants.

Congratulations everyone for a successful Janus project milestone. We look forward to many more this year and the years to follow!

Nxt News – January 2017 (II): Trees That are Slow to Grow Bear the Best Fruit

NXT NxtCoin 2. generation cryptocurrency news
January 2017 (II)

Here’s some of the latest news about Nxt over this past week in January.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Nxtchat on Slack – 1000 Users Reached!

We have reasons to be happy! The Nxt Community has reached 1,000 users on its Slack team in less than one year. This Slack team was originally launched by Damelon, of the Nxt Foundation, on the 19th of January, 2016, and has been steadily receiving new users throughout this period.

For its part, stats on Nxtforum also look nice. During December and January, over 1 900 new members joined the forum. Nxt has the technology, the team, and the best community. Come on and join us!

Link to join Nxtchat on Slack: https://nxtchat.herokuapp.com/

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  • Janus – New Asset Based on Nxt: JanusEX

The Janus team has announced the launch of a new token on the Nxt platform. JanusEX, an asset, was created to reward those Janus investors with over 2 000 000 tokens, who will receive this new asset in addition to the Janus tokens they already hold. Owners of JanusEX will receive 40% of all the income from the online casino betterbets.io, which will be added to the current dividends of the asset. This revenues will start on March 2018, and will take place on the first day of every month.

bjorn_blockchain says:

We are now adding value to Janus tokens through multiple sites and businesses, there is also the option for larger holders to acquire some income exclusive to them as well.We will be adding more dividends to both Janus and JanusEX as development progresses through the years.

Expect some surprises to boost token value and options to increase passive income for people who are interested.

  • Betterbets.io – Betting with NXT will Improve Dividends to Janus Token Holders

The day has come to include the use of NXT at Betterbets.io. The Janus team has issued a press release, addressed to both investors and players, which explains the details about the inclusion of NXT in this betting platform. They state that 90% of the profits coming from NXT betting will be given away to the owners of the Janus token.

Bjorn says:

This update will be adding the option to bet with NXT, we are sure most of you have heard of it. The reason we felt this currency was a valid addition for BetterBets, was because of the great community and developers that Nxt has built since it’s launch in 2013. Our staff have become a part of the community as well, and we are learning very quickly that their blockchain and wallet software is an incredibily powerful business tool.

https://twitter.com/Betterbets_io/status/818478296413458432

The Janus team seems to be in constant evolution, always trying to evolve the conventional business and combine it with the blockchain technology, which will bring short and long term revenues to the owners of their token.

More information: https://nxtforum.org/news-and-announcements/janus-(jns)-blockchain-secured-global-business-token-sale-live/msg228741/?topicseen#msg228741

https://bitcointalk.org/index.php?topic=1065847.msg17451051#msg17451051

https://nxtchat.slack.com/archives/janusproject (Link to register at Nxtchat on Slack)

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  • DeBuNe – News and Upcoming ICO

This past week marked the end of the sale of the first 250 000 assets for sale by DeBuNe, thus ending the first phase of the funding campaign launched last August, which included special prices for those nxters who bought the asset through the Nxt Asset Exchange. It has been a long and silent process, due to non-disclosure agreements that don’t allow the team to publish much news about what they are doing. With this, the initial phase of funding ended and, soon, the following phase of the ICO will begin.

Roberto Capodieci, CEO at DeBuNe, says:

…I am so excited that we are getting close to launching the ICO. Guys, you have no idea what a crazy amount of things launching an ICO requires… with DeBuNe we have TONS to show everyone with the efforts already done. It should go great, and if all is as I hope, then those of you who got some in the AE will have quite a treat when exchanging them in the future. Thanks for all the support from everyone

DeBuNe ICO’s roadmap outlined:

DeBuNe will have an ICO toward the end of the year, beginning of next year. A lot of news will be released, and there will be a distribution of the coins. 250000 will be sold in the ICO, and 250000 will be given to the asset holders with an average holding calculated in a period that will be announced (something similar to the ardor distribution). I have put some DeBuNe assets at 19 NXT each in the AE, and 15k more will be made available in the next weeks at a higher price until a total of 250000 assets are circulating in the Nxt AE.

The ICO will sell for definitely more than 20NXT per coin, so this is an soft offer for NXT holders.

Despite Capodieci’s discretion, as a logical consequence of NDAs, which are very common in these type of business, user Amalgamus, a member of the Nxt community, warned us about a web page where DeBuNe and Roberto are listed as members of a remarkable business initiative which offer collaborative solutions to important investors all around the world, which include banks and other big corporations.

Source and more information: https://nxtforum.org/debune/debune-ico-at-the-horizon/msg223391/#msg223391
http://digitalbillions.com/
http://interview.cio.com.tw/home/digital-billion-roberto-capodieci

DeBuNe – a Decentralised Business Network on the move

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DEVELOPMENT

  • Ardor – Fiat Gateways

As we announced in our previous newsletter, the design of Ardor will allow business that are interested to build an exchange on this platform by means of a child chain on Ardor.

The new feature that will be added to Ardor in order to allow this functionality is called Coin Exchange. This will allow trading one child chain token for another or to Ardor tokens.

Bit by bit, the core developers are making significant progress in this aspect and they are showing us these new functionalities that will be included. This time Damelon, member of the Nxt Foundation, has shared some images regarding potential BTC-USD trades on Ardor.

Source: https://nxtforum.org/general-discussion/(ardor)-sample-screens-of-btc-usd-trades/

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  • Ardor – Details About its Functionalities

ScripterRon and Riker, Nxt Developers and members of Jelurida, have answered some questions over at Nxtforum.org concerning fiat gateways, bundlers, a global Asset Exchange, etc. on Ardor

About the global Asset Exchange:

Assets are defined globally, they are not on a particular chain. You can buy and sell an asset on any chain. The prices are in the units for that chain. That means the same asset can have different prices depending on the chain. Which makes sense since the coins will have different values.You may be thinking about exchanging coins from chain A for coins from chain B. When you do this, you specify the number of chain A coins that you want to exchange and the maximum price you will pay for chain B coins. For example, if exchanging USD for EUR, you could exchange 10.00 USD at a price of 2.00 USD/EUR. You would be able to buy at least 5 EUR and possibly more depending on the exchange prices.

Your order would be matched with an order that wants to exchange EUR for USD. Say that an existing order wanted to exchange 2.00 EUR at a price of 0.80 EUR/USD. Which translates to 1.25 USD/EUR. The exchange uses the price from the oldest order, so the exchange price is 1.25 USD/EUR. You receive 2.00 EUR since that is all that the seller had available. In return, the seller receives 2.50 USD. His order is complete but yours is still open since you still have 7.50 USD available to exchange.

About child chains bundlers:

Anybody can bundle child transactions. But you must have ARDR. When you bundle child transactions, you create a child block transaction which is included in the next block. You receive fees from the child transactions and you pay ARDR for the child block transaction. You can use the child coins to create your own transactions or exchange them for another coin (including ARDR if somebody has ARDR they want to get rid of). There is a Coin Exchange similar to the Asset Exchange and the Currency Exchange where users can trade child coins with each other.

About the fiat gateways:

Nxt 2.x will contain a Coin Exchange where users can trade child coins with each other. So the value of a particular coin will depend on what people are willing to pay for it using one of the other coins.The value of a child coin measured in an external coin such as Bitcoin will depend on whatever gateway is used to exchange the child coin for Bitcoins. If the gateway used a 1:1 ratio, then that would indirectly value all of the other child coins since they could then be measured against Bitcoins using the exchangeable coin as a proxy.

About the chain where a coin transaction will be:

The transaction is in the chain for the coin you want to exchange. The exception is that any exchange involving ARDR will be in the main (FXT) chain since ARDR exchanges affect forging and cannot be pruned.

You can issue a coin exchange from any chain coin to any other chain coin.
You specify amount and price.
Amount – the number of your coins that you want to exchange.
Price – is the number of your coins that you want to pay for one of the exchange coins.
For example, if you are exchanging USD chain coins for BTC chain coins, the price would be the value of 1 BTC in dollars.

Order matching works the same way as order matching of the current asset exchange.
In addition, each chain can now use different number of decimals, for example 8 decimals for BTC and Ardor, 2 for USD chain.

About the coin in which the fees will be payed:

When exchanging USD for EUR, the transaction is sent to the USD chain and the fee is paid in USD. When exchanging EUR for USD, the transaction is sent to the EUR chain and the fee is paid in EUR. It takes 2 transactions for an exchange and both parties pay transaction fees in their respective coins. The coin exchange is similar to the asset exchange except there are 2 prices involved. One way to look at it is that each exchange order contains a buy price and an ask price. If you are exchanging 5 USD at a price of 2.00 USD, then your bid price is 2.00 USD per EUR. Your order has an implicit ask price of 0.50 EUR per USD. That is, you won’t pay more than 2 USD for one EUR and you won’t accept less than 0.50 EUR for one USD.

More information: https://nxtforum.org/general-discussion/(ardor)-it’s-coming/?all

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NXT IN THE MEDIA

  • E-Forex Magazine – Keeping Up with the Blockchain

This article at E-Forex Magazine, written by William Essex, explains what changes such a disruptive technology as blockchain can bring us by opening up a new range of possibilities. In fact, current players in this field are already changing the way they think and are trying to use the power of this technology for a wide-range of solutions.

The text includes opinions from entrepreneurs, CEOs, and business and community representatives who are starting to explore and use blockchain technology. Among them is Dave Pearce, of the Nxt Foundation, who talks about FX operating on the blockchain, in a very different way than it is done today.

Blockchain can offer fintech systems, banks, FX, everybody a way to replace all of their legacy systems in one relatively easy step. It can not only replace legacy systems, but offer them extra economies – for example, by throwing away the entire concept of needing a back-up strategy. Every single node on a blockchain is an entire back-up system.


Source and more information: http://www.e-forex.net/articles/dec-2016-keeping-up-with-the-blockchain.HTML

http://www.e-forex.net/articles/dec-2016-the-slow-algo-movement.html

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  • Cryptocentral – Basic Information about the Features of Nxt

Cryptocentral is a cryptocommunity space where you can find the latest information regarding various cryptocurrencies, mining, exchanges, various services, and more. It has several features and tools, such as a voting system, subscription capabilities, quick activity notification, and a chat system.

Recently, this website has added a new section devoted to Nxt, where you can find some basic information about the platform, a description of the main features, some guidelines for newcomers, and links. It holds quite a good compendium of information that is worth visiting if you are new to the platform or want to refresh on some concepts.

 

Source and more information: http://cryptocentral.info/topic/685/nxt-information

Follow them on twitter

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

(Back to the Index)

Nxt News – January 2017 (I): Every Beginning is Cheerful

Newsletter-topJanuary 2017 (I)

After a short break, we are back with some of the latest news about Nxt over these past couple of weeks in December and January.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

NXT COMMUNITY

  • Janus – BetterBets.io

In our previous newsletter, the Janus team announced the first use case for Nxt at the BetterBets.io online casino. Moreover, they recently stated that their first monthly dividend issuance to holders of the Janus token, in a series of monthly dividends, will be on the 15th of January. They also announced some other news:

There are currently 8,430,863 Janus tokens left to purchase until the next distribution in March. Each Janus token is 1.5 NXT to purchase; for the next distribution the very lowest it will cost per token is 2.25 NXT. Please plan accordingly if you wish to take advantage of Q1 developments and the easiest entry point for cost is now.

bjorn_bb: January 15th will happen on time, keep this in mind for those who want to grab more % stake in this first benefit for Janus holders

ascendus: Just for holding janus right now , you will receive dividends in NXT from BetterBets.io. Each month calculate the 90% of the NXT earned (some months won’t always be profit). We will try and keep the dividends sent around the same time [each month]. To receive dividends from the upcoming feature on BetterBets.io you just need the Nxt client.

ascendus: In the future though, to received dividends from our mainstream business, we will rebrand our site Janustoken.com (holders will have to place a BTC address and a NXT address), in order to snapshot the balances of janus holders. Dividends will be paid in BTC.

  • Moneypot.com – Rubies V2 is Released on the Nxt Blockchain

Moneypot, together with the Janus team, launched the second version of Rubies, a coin that was originally created to give people a new way of betting and has the potential to give players, investors, and speculators the opportunity to be a part of a community of digital currency enthusiasts. This second version of the coin (that will replace the first one) will be call R2B2, and will be based on the Nxt blockchain:

bjorn_bb: for those who do not realize this yet, I spent some time with the Moneypot.com team. He’s converting from a traditional bitcoind blockchain to NXT. They will be offering many options for the Rubies V2. It was our project they have now stepped in to take over.

Dogedigital: Both v1 and v2 will exist at same time. The only way a R2B2 coin is created is if a matching Rubie is destroyed. The plan is to fully transition over from Rubies to R2B2 within a year. Rubies will still allow for proof of staking rewards, but will not be eligible for dividend payments. R2B2 will be eligible for dividend payments, but will not allow for proof of staking rewards. edit; The NXT asset is public and transparent. For each R2B2 going out, you will see a transaction of Rubies being sent to a burn address.

Betterbets: Awesome news from the Moneypot team, this marks the beginning of new health for Rubies V2 with R2B2. My team and theirs worked on a very good strategy for long term health and benefits for all holders. There will be no more blockchain issues as it runs on Nxt and this will tie in as well to the upcoming BetterBets.io launch of NXT betting. 2017 is going to be a very great year for both teams, and this post is our way of handing over the entirety of the Rubies project in the great care of the Moneypot team. From this point we will remain here for them as advisers if they need, but this is the transition from our team to Moneypot of the destiny of Rubies.

More information: https://bitcointalk.org/index.php?topic=1737000.0

https://bitcointalk.org/index.php?topic=1737000.msg17377145#msg17377145

https://bitcointalk.org/index.php?topic=1364104.msg17338497#msg17338497

http://test.nxter.org/es/under-the-knife-1-janus-token

JanusProject at NxtChat on Slack (link to join)

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  • Jelurida – New Website

Jelurida, the recently created corporation that is in charge of developing and supporting Nxt and Ardor, has released the first version of its new website. Damelon, member of both the Nxt Foundation and Jelurida, made the public announcement and introduced some of the team members.

Damelon says:

It’s just a one pager for now, but we can be reached and people can see our faces. A short guide to the names:

– Bas = Damelon    – Petko = petko     – Tomislav = Berzelius    – Ron = ScripterRon

Kristina is our excellent legal counsel.

For those of you who are big fans of gossips and conspiracy theories, we already know that one of the members of Jelurida is Jean-Luc, a Nxt core developer who, since the beginning, has chosen to stay anonymous. But… who is actually behind that alias? Will he really be one of these public faces which have now be presented? Or perhaps, should we be using “she”? Does Jean-Luc really exist as a person? Is Jean-Luc actually an Artificial-Intelligence super-computer descendant of Deep-Blue who is looking for new challenges beyond chess? Only time will tell (or maybe not).

More information: http://jelurida.com

https://nxtforum.org/general-discussion/jelurida-com-website-up!

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DEVELOPMENT

  • NRS Update – New version 1.11.2

The new version of the Next Reference Software has been released. The changelog includes some library updates, bug fixes, and improvements. Among them stands out the new NRS mobile app (just for Android at the moment), which was previously included for testing in the experimental versions, as we mentioned in previous newsletters.

You can download the NRS update straight from your current Nxt client or from Github. Always make sure that the given SHA256 signature is exactly the same that the hash of the file. You can check it using your NRS wallet, online third party services that allows you to, or third party software, so that you are absolutely sure that you receive the original file.

  • Android Wallet

The mobile wallet that this version brings us works much as the LIGHT wallet. It connects to an aleatory public node every time you run the app while being able to use almost all the features of the full client. You can download it for your Android phone from here: https://bitbucket.org/JeanLucPicard/nxt/downloads/nxt-mobile-client-android-1.11.2.0.apk

More information and tips:

Tutorial to update your node running on Debian8 64bits

Nxt Client Update Script for VPS

Archlinux Repository

nxtwiki.org/wiki/Mobile_App

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  • Preview of the Ardor Wallet on Testnet

 

Damelon, a member of the Nxt Foundation, has shared some screenshots taken by Riker, a Nxt Core Developer, so we can see a sneak preview of what the current Ardor Graphical User Interface (GUI) looks like. It won’t be long until this software is made public for testing on testnet (expected to be released in this first quarter of 2017).

At the moment, we know that the developers are happy with the progress. In the image we can see that beyond ARDR (the main chain) and IGNIS (the first child chain), the devs are already testing the future of having other childchains, some of which could be run by businesses to run fiat exchanges straight on the wallet.

ScripterRon, Nxt Core Developer, says:

It is also possible for a business to set up a fiat exchange.  I did one for Nxt 1.x (TokenExchange) as a consulting project which exchanged a Nxt currency with Bitcoins.  I’ve started adapting this project for Nxt 2.x (CoinExchange) to exchange a child coin (not necessarily BTC) with Bitcoins.  Going directly to fiat currency gets you involved in a lot of monetary regulations (AML, KYC, etc), so it is easier to use Bitcoins as an intermediate step.

…Nxt 2.x will contain a Coin Exchange where users can trade child coins with each other.  So the value of a particular coin will depend on what people are willing to pay for it using one of the other coins.

…Set up is the same but the ports have been changed to avoid conflicts with Nxt 1.x.  This means you can run both Nxt 1.x and Nxt 2.x on the same system (as long as you install them in different directories)…

We’ve also gotten screen shots of a child chain block and the Bundler screen. Step-by-step Ardor is coming!

Source and more information: https://nxtforum.org/general-discussion/(ardor)-it’s-coming/msg228608/#msg228608

https://nxtforum.org/general-discussion/(ardor)-child-chain-and-bundler-teasers/msg228714/?topicseen#msg228714

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NXT IN THE MEDIA

  • Le Monde Informatique – BNP Paribas Tests the Nxt Blockchain

Le monde informatique is the first to publish that BNP Paribas is testing multi-currency transfers between their subsidiaries in Germany, Netherlands and the UK, based on Nxt blockchain tech, as Jacques Levet, Head of Transaction Banking, explains. The bank is trying to benefit from the features that blockchain technology can offer, and no doubt that Nxt can provide a bunch of possibilities that others cryptos can only imagine, so it’s no wonder that this big entity has placed its eyes on Nxt.

Traditional operations and communications in banking organizations require a lot of resources and dealing with a bunch of intermediaries, which makes the process tedious, slow and more expensive. To try to solve this, BNP Paribas is searching for new solutions, like Nxt.

Cointelegraph and Coindesk have also echoed about this great piece of news but, unfortunately, it completely slipped their minds to recall that it’s not any blokchain but the Nxt blockchain specifically that BNP Paribas is testing.

Source: http://www.lemondeinformatique.fr/actualites/lire-bnp-paribas-teste-la-blockchain-pour-des-virements-internationaux-le-monde-informatique-66873.HTML

https://www.cointelegraph.com/news/banks-blockchain-race-bnp-paribas-sends-its-first-payments-from-germany-uk-netherlands

http://www.coindesk.com/bnp-paribas-clients-live-blockchain/

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  • Ledgerjournal – A Probabilistic Analysis of the Nxt Forging Algorithm

mthcl says:

I’ve published that “math of nxt forging” paper in an academic journal

With this words Serguei Popov, with the alias mthcl, announced that the first academic journal on blockchain technology, which is called Ledger Journal, published by the University of Pittsburgh, will include an in-depth article about the Nxt Forging Algorithm that he has written.

Popov has been doing a great and thorough job in this field for many years, as he’s been studying and analyzing how the block generation in Nxt (aka forging) works, probabilities of forging blocks by an account, concurrent blockchains, some possible attack vectors, and how Nxt deals with it. All of this is gone over in this great article.

More information: http://www.ledgerjournal.org/ojs/index.php/ledger/article/download/46/60

https://nxtforum.org/transparent-forging/math-of-nxt-forging

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  • Cointelegraph – Private Messaging: Swiftcoin vs Cryptamail

This article published on Cointelegraph by Angus Leung talks about the initiative started by John McAfee to set up  an anonymous email system using blockchain technology and how this project compares to Cryptamail, a project that uses the Nxt blockchain that has some advantages against John McAfee’s Swiftcoin.

Cryptamail is a 100% decentralized and email system built on top of the Nxt protocol that makes use of the Nxt Arbitrary Messages feature to achieve this objective. There is no central central server, so there is no third party to trust. There is also no central point that stores your messages, so there is nowhere to steal or even submit a request for your private data.  It’s completely secure.

[vsw id=”ycPv0eFJw-k” source=”youtube” width=”425″ height=”344″ autoplay=”no”]

Source and more information: https://cointelegraph.com/news/john-mcafee-to-make-email-systems-great-again-with-blockchain

http://test.nxter.org/ann-cryptamail-nxt-secure-decentralized-email
https://nxtforum.org/nxt-projects/(ann)-cryptamail-secure-messenger-proof-of-concept-built-on-top-of-nxt/?all

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  • Coinpedia – Nxt Listed in this CryptoCurrency Encyclopedia

Coinpedia is an independent and free online information hub that provides a platform for cryptocurrencies to introduce and update their information to the public. Coinpedia is an open and comprehensive general reference work on the Internet and has positioned itself to make a useful difference. Coinpedia is owned by nonprofit firm.

This week this CrytpoCurrency Encyclopedia has finally listed Nxt. There, the general public can get a brief introduction about Nxt, a listing of some of its features, such as the Monetary System and the Alias System, and some other basic information that will come in handy for newcomers to the cryptoworld and to this platform.

More information: https://coinspedia.wordpress.com/2017/01/02/nxt-the-blockchain-application-platform/

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  • Nxt Folks – Blockchain Spikes Again!

TheWireMaster wrote this interesting article published at Nxt Folks.  The author is glad to see the Bitcoin rally that took place last week because, in spite of the reason behind this price raise is unknown and could just be due to speculative moments, it draws people’s attention to blockchain technology. These are people who probably would never have heard of this technology if it hadn’t been for this exceptional exposure.

As he states in his article, not only Bitcoin but all the good cryptos like Nxt will benefit from this scenario, because once people has learned about this technology, it feels natural to search for cryptos other than Bitcoin that can offer a wider variety of features, such is the case with Nxt and Ardor, which the author reminds us.

Source: https://nxtfolks.com/2017/01/07/bitcoin-reaches-1000-and-interest-in-blockchain-technology-spikes-again

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

(Back to the Index)

Nxt News – December 2016 (II): Building on Ardor

Newsletter-topDecember 2016 (II)

 

Here are some of the latest news about Nxt over this past week in December.

NXT COMMUNITY
DEVELOPMENT
NXT IN THE MEDIA
PRICE EVOLUTION

Below, are more details about these news pieces:

NXT COMMUNITY

  • Janus – Changes its ICO format

As we announced in our previous newsletter, Janus has decided to stop selling the token for its ICO in the it was being carried out. Investors who have already sent their money to the ESCROW account are being paid back. The ICO, however, has only had its strategy changed and now runs exclusively on the Nxt AE. Investors can choose to reinvest in the company by means of the new ICO format that the company has chosen:

bjorn_blockchain states:

Thank you to everyone who has supported our team and the Janus project. We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you.

However, this doesn’t mean that the project has been called off. Janus‘ team just decided to use Nxt’s Asset Exchange as the only method allowed for investors to take part in their crowdfunding campaign.

Those who wish to stay with our team and business goals can still share in our future to some degree.

We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price currently is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Price per Janus each distribution will be change every 4 months no matter what the current price it’s trading at, it will be posted 50-100% higher.

Since the start of this first round of funding, the sales of the token show that it has been well-received by the community. The asset is called Janus with Asset ID: 4348103880042995903 and has been issued by the Nxt account NXT-QG74-VNQK-7FQ3-4KFBA.

Preliminary notice

But that’s not all.

We will add Nxt to Betterbets.io and each month calculate the 90% of the NXT earned (some months won’t always be profit, remember its a casino – people will win sometimes). I’m going to try and keep the dividends sent around the same time [each month].

To give you a quick backstory, right now our current investors (on the BTC end) receive monthly income from our casino on the 1st of each month. We will probably follow a similar process for Janus Nxt. This way you won’t have to think or ask – you’ll always know, ok the Janus team will be sending dividends on the 2nd day of each month.

bjorn_bb continues:

Once this officially launches on January 15th we’ll turn focus towards some marketing for the site until second week in February. Then Lobos and Luis and I will focus on prepping beta testing for the Social fintech site  and gain some user input. And cross your fingers we get a nice mainstream launch right around the time Ardor hits.

Source and more information: https://nxtforum.org/the-janus-projecthttps://bitcointalk.org/index.php?topic=1677509.0;all, Janus’ channel on Nxtchat on Slack.

ALSO READ: Janus – Under the Knife, review.

[easy-social-share]

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  • Adel – Creating Opportunities for Blockchain Innovation

This week, there was an announcement on the forum about the future launching of Adel, a new cryptocurrency community that will benefit from the technology of Nxt, to create, develop, and implement use cases involving blockchain technology that covers a wide-range of digital and physical industries. Adel intends to utilize the innovations of the blockchain to build and coordinate profitable business, thus creating opportunities for investment, innovation, and employment.

The first in its series of whitepapers have already been published where details are offered about the the future operation model of Adel – Whitepaper Link.

On the 1st of March, 2017, the first round of funding will take place in order to distribute the Adel token, Adelphoi, among the participants with an ICO. The Adelphoi token will be launched on Nxt’s Asset Exchange and it will act as the fuel for proper operation of Adel.

Gabriel Dusil, Co-founder and board member of Adel, states:

Adel’s vision is to create a decentralized, self-regulated and self-sustaining macroeconomic ecosystem for blockchain innovation with a mission to be a global leader in community-based funding. Adel’s value is in the core principles of its ecosystem. This ecosystem promotes the use of blockchain technology, creating innovative solutions for various industries. By leveraging the expertise of the Board, R&D team, and its community members, Adel establishes a supportive and collaborative environment for state-of-the-art projects.

Source and more information: https://www.adelphoi.io

https://bitcointalk.org/index.php?topic=1706282.0

https://nxtforum.org/adel/(ann)-(adl)-adel-startup-incubator-for-blockchain-innovation/msg228060/#msg228060

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  • Alias System – New Infographic About Ardor

Travin Keith, of the Nxt Foundation, together with Savandra, have presented a new infographic that showcases a feature of the Ardor platform. This time, the feature chosen was the Alias System, which we can see below.

We’d like to remind you that the first infographic about Ardor in this series was devoted to the Coin Shuffle feature. Likewise, some Nxt’s infographics have also been published, such as: coin/asset shuffle, alias system and decentralized voting.

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DEVELOPMENT

  • NXTBridge – Add-on to the Plugin

Scor2k, developer of the NXTBridge plugin, which allows users to integrate Nxt in WordPress, has published a small update about this plugin at Nxtforum.

Small addon to NXTBridge plugin, which allow you to check unsigned transaction and sign it locally without internet connections. This addon we gonna use with NXTBridge when we complete the next stable version with the addition of a new NXT Wallet function.

Simple way to check this addon for its honesty is to run it on a dedicated browser with incorrect proxy settings (like 127.0.0.1:21344) with opened developer tools (F12) on Network tab.

Repository: https://bitbucket.org/scor2k/nxtbridge-offline
Direct link: https://bitbucket.org/scor2k/nxtbridge-offline/downloads/index.min.html

TheNxtBridge plugin is developed in collaboration with Nxter.org.

Push it forward by donating to the developer-> NXT-FRNZ-PDJF-2CQT-DQ4WQ

Source and more information: https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg228155/#msg228155, also see: Nxt news – December 2016 (I)

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NXT IN THE MEDIA

  • Forbes – Nxt, ARDR & Adel

Roger Aitken published an article in Forbes.com which goes over the future launch of Adel, the blockchain startup incubator that will use Nxt to develop, support, and fund innovative start-ups. The article explains that the Adel ecosystem is made of stakeholders, registered community members, staff from across the world, a Project Review Committee, and the Adel Board, all together aiming to help projects achieve success.

The text also explains that Adel chose Nxt because of its proven track record as it provides a number of features that benefit the community-based ecosystem that Adel represents. Once Ardor is launched, (expected in the 3rd quarter of 2017) Adel will use its extended features as well.

Source: http://www.forbes.com/sites/rogeraitken/2016/12/06/adel-fintech-incubator-unveils-crowdfund-using-nxts-blockchain/#7d2a89453883

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week:

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

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[ICO] Janus on the Nxt AE

Janus Token Distribution 1

Jan 5th – March 4th, 2017

Name: Janus

Token asset ID:
4348103880042995903

10,500,000 Janus (JNS) are available

Price is set to 1.5 NXT per 1 Janus token

Janustoken is now trading !

As announced earlier today, the original Janustoken ICO has been cancelled and investors will get their money back. Instead, a round of Janustokens have now been set for sale on the Nxt Asset Exchange. – “The pace of the original sale was not going to reach the 3500 BTC that was required to allow for such high revenue dividends, therefore we took a decisive course to allow investment directly on the Nxt Asset Exchange instead”, explains Bjorn, Janus Team’s marketing director.

You can purchase tokens right now in your NXT wallets on the asset exchange. 10,500,000 Janus (JNS) have been released, and the Janus Team will release another 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly.

The price per Janus will be changed for each distribution (every 4 months) no matter what current price it’s trading at, Janus will be posted 50-100% higher. The team will perform unscheduled buybacks and burns to reduce supply and help appreciate token value.

Janus ICO cancelled!

Today, the Janus Team cancelled their ICO.
All Bitcoins raised will be returned to the investors.

The Janus token Nxt AE ID is 4348103880042995903.
The tokens will be put for sale on the Nxt AE, for immediate purchase and trading. Read on.

 

Bjorn_bb writes:

Thank you to everyone who has supported our team and the Janus project. We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you. The Nxt Foundation will then receive information about the amount you deposited, and the wallet address you supply to send your investment back. You’ll have up to 45 days to make the request, but we ask that you make it a priority so we can get this finished in short time. Visit www.janustoken.com and log into your account to add your refund addresses.

Those who wish to stay with our team and business goals can still share in our future to some degree.

We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

— We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly —

— Price currently is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange —

Price per Janus each distribution will be changed every 4 months no matter what the current price it’s trading at, it will be posted 50-100% higher.

— Asset details listed here (be sure it’s the correct token):

Name: Janus
Asset Id: 4348103880042995903
Issuer: NXT-QG74-VNQK-7FQ3-4KFBA

https://www.mynxt.info/asset/4348103880042995903

One of the suggestions from the community was to allow for a staggered investment cycle in order to show business progress and launch over time. This way will allow those who did not purchase Janus initially, to still have a chance to take part in our mainstream global business success. Instead of dividends, our team will use site revenue to perform unscheduled buybacks to reduce supply and help appreciate token value. (People unfamiliar with our business in the blockchain industry, please research https://betterbets.io )

We’ll keep all Janus users aware of progress and announcements via this thread, slack, and social media where applicable. Our team is much better at creating great sites and businesses than selling out ICO’s so this is the best way to show it through action and development.

Yours in business,

The Janus team

**We’ll be gradually adding buy support over time to prepare for proper valuation when Janus is announced on more exchanges.**

Nxt news – December 2016 (I): Everything You Can Imagine is Real

 

Newsletter-topDecember 2016 (I)

 

Here are some of the latest news about Nxt over this past week in December.

DEVELOPMENT
NXT COMMUNITY
PRICE EVOLUTION

 

Below, are more details about these news pieces:

 

DEVELOPMENT

  • New Experimental Version NRS 1.11.1.e

Jean-Luc, Nxt Core Developer, has announced the launch of the new experimental version of the Nxt Reference Software (NRS), which includes a series of improvements and new features such as:

  • Implemented a “Store Remembered Passphrase” setting in the device settings page. When checked, the client stores the remembered passphrase in the local browser settings or mobile app settings so that the next time the client is launched,
    it will log themselves in automatically. The stored passphrase is deleted when logging out of the wallet.
  • Desktop Application now supports request confirmations when running as lite or roaming client.
  • Sign Transaction modal now signs the transaction bytes on the client side.
  • When the mobile app cannot connect to a randomly selected remote node, it will popup the device settings modal to allow the user to configure a specific node.
  • When the mobile device is offline, the device settings modal allows for the signing of transactions and generating tokens to support cold storage functionality.

iphone

Given that this is an experimental or “testing” version, precluding the launch of a stable version, we recommend that you be careful when using this software and trying out the new functionalities as it may contain some small bugs. However, in order to speed-up the development of a stable version of the software, it would be good to have many users test the new functionalities, especially with the new mobile wallet, in order to check if it’s working properly.

download-client-img

Source: https://nxtforum.org/nrs-releases/nrs-v1-11-1e/msg227832/?topicseen#msg227832

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  • NXTBridge – Nxt Plugin for WordPress

Scor2k, a developer, with the support of NXTER Magazine, announced NXTBridge, a plugin that allows you to connect your WordPress site to the Nxt Network, giving you the opportunity to show real time information about Nxt on your website. This opens up a wide range of possibilities to over 35 million people who have used WordPress to build their site.

The plugin lets you show:

  • Some asset information (Name, Initial quantity, current quantity, owner account, ID, last ASK and BID information).

  • Proposals for purchase and sale

  • Graph for the price with single line

  • Graph with candlestick and volume

  • In case that we need a more global vision, and not just info about one asset, we can have a look at the TOP 20 shortcut, which will show the 20 most traded assets for the last week. https://nxter.org/ASSETHUB#top20

Skor2k says:

In addition, we have a small road map for development:

  1. NXTBridge – Wallet
    • Login to WordPress with Nxt account ID.
    • View Nxt account balance in the Dashboard.
    • Create Nxt account for new users.
    • Send NXT tokens, place buy/sell orders.
    • Local signing of transactions – passphrase is never sent to a server or node.
  2. NXTBridge – Marketplace
    • Show shop data on a post or page

 

NxtBridge

If desired, NXT donations to the developer can be sent to: NXT-FRNZ-PDJF-2CQT-DQ4WQ

More information: https://wordpress.org/plugins/nxtbridge/

https://nxtforum.org/nxt-projects/(nxtbridge)-wordpress-plugin-for-nxt-users/msg227906/#msg227906

https://nxter.org/assethub

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NXT COMMUNITY

  • Under the Knife – Janus Project

Anyone who owns a bunch of NXT can issue their own asset on the Nxt platform and start promoting it. Since the creation of the Asset Exchange, there have been a considerable amount of good and profitable projects. But, there have also been some scams.

To help prevent and uncover these scams, Nxter.org presents Under the Knife, a new section that intends to provide in-depth and uncensored interviews with the asset issuers by asking them concise and, sometimes, awkward questions. These are the kinds of questions that some conventional media outlets usually don’t dare to ask. These questions will try to help the Nxt investor, usually skeptical about new projects because of some previous experiences that didn’t go well, clarify their suspicious about the legitimacy of a given asset or, at least, clarify some of the doubts presented.

The Janus team was the first to answer the questions in the very first interview in the series. It’s a really interesting interview that we recommend you read if you are interested in Janus.

janus-token-nxt-ae

UPDATE 1 – The threshold will be 3500 BTC. On November 30th, shortly after we published the interview, the Janus team released a statement in light of the current situation of the crowdfunding campaign.

bjorn_bb says:

Our team has reached an agreement after looking over several scenarios. We cannot properly justify allowing outside investors in Janus without proper funding.The threshold will be 3500 BTC or the project is not going to be available for the public. https://bitcointalk.org/index.php?topic=1677509.msg17042198#msg17042198

Please read the post and thanks for your understanding in our reasoning.

We’ve come to the reality that it would be unjust to investors to operate on budgets that would not allow us to meet deadlines. Launching a business and timing it to meet expectations of investors is something I take very serious. If underfunded I’d be held accountable for making deadlines without having the proper staff to deliver in said time frames. If the threshold is not reached by Dec 31st you will be refunded of course.

UPDATE 2 – The Asset Exchange will now be used for the ICO. On December 4th, Janus announced that it’s clear for them that they won’t meet their funding objectives with the current campaign and so a refund will be given to all investors and a new ICO method will be chosen.

bjorn_bb says:

…We have come to a decision that it’s best for all parties to end the token sale as it stands in it’s current form. We have added an option in your accounts to save a BTC or NXT address on the site that will be used to send refunds back to you…

Those who wish to stay with our team and business goals can still share in our future to some degree. We’ll be actively in development of the sites described in our white paper, and as such will release Janus tokens on the NXT Asset Exchange in intervals.

  • We will release 10,500,000 Janus (JNS) every 4 months. 31,500,000 yearly
  • Price initially is set to 1.5 NXT per 1 Janus token. You can purchase tokens right now in your NXT wallets on the asset exchange.
  • Asset Id: 4348103880042995903
    Name: Janus
    Issuer: NXT-QG74-VNQK-7FQ3-4KFBA
    Link: https://www.mynxt.info/asset/4348103880042995903

One of the best suggestions from the community was to allow for a staggered investment cycle in order to show business progress and launch over time. This way will allow those who did not purchase Janus initially, to still have a chance to take part in our mainstream global business success. Instead of dividends, our team will use site revenue to perform unscheduled buybacks to reduce supply and help appreciate token value

More information: https://nxter.org/janus-btc-ico-cancelled/

https://nxter.org/ico-janus-on-the-nxt-ae/

https://nxtforum.org/index.php?topic=13032.msg228025#msg228025

Janus interview – Under the Knife

Janus ICO

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  • Initiative for Starting a Nuclear Regulatory Commission Using Nxt

User @Infinta has announced the launch of a Nuclear Regulatory Commission using Nxt. This association intends to show the current worldwide nuclear situation and to achieve the support of a large amount of people in every region of the world to perform some actions against it and change the situation.

Infinta says:

Target – To show how many people are actually active in the crypto world against nuclear hazards. Act politically in different countries for this target also. i.e.: Act to dismantle the nuclear weapons.
Membership fee – You should pay some NXT weekly to this NXT account: NXT-KEBX-4722-NRWF-CBWPF and you is a member. You can vary your payments. If you pay at least 1 NXT – you wish remain a member in the whole calender month – if you pay at least 10 NXT then you wish remain member in the whole calender year.
Rules – This club remain open for everybody to join, and you can leave it if you wish. If you leaved the club you can join later. All payments will be used to support the target of this club.
What we have already:
– three members
– I have enough resources to start (time, money and ideas)

nuclear

Some of the reasons why Nxt is a good tool for this club include:

– Nxt is ready to use
– Nxt is well tested
– Nxt has a great community
– Nxt has great programmers
– Nxt is a distibuted peer to peer system
– Nxt is international
– Nxt has a messaging system with encryption
– Nxt has a voting system
– Nxt has a value

Source and more information: https://nxtforum.org/news-and-announcements/(ann)-the-nxt-nuclear-regulatory-commission

https://nxtportal.org/polls/17647596660647639058

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  • Snapshot – The First Few Fortunate Readers Have Already Received Their Book

The first few nxters who have received the book have already been able to read, touch, and smell a piece of Nxt’s history. Some of them have shared pictures from many different countries in the world through the forum or using Nxtchat on Slack to share their happiness with the rest of the Nxt community. Thank you all for your support!

snapshot_book4If you want the book, you are still on time to buy your limited edition printed copy of the Nxt book  “Snapshot – Unsurpassable Blockchain Solutions” (Product ID:  11528988686656082668 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) on Nxt’s Market.  Hurry up and don’t miss this opportunity!

nxt_book_marketplace

Or, if you prefer, you can also buy the digital edition of the book (Product ID:  17374259728781079996 from the seller NXT-DE5P-4A5T-6SHU-7FHCV) at a fixed price of 1600NXT

More information: https://mynxt.info/good/11528988686656082668

https://mynxt.info/good/17374259728781079996

https://nxtforum.org/general-discussion/snapshot-the-birthday-present-for-nxt/?all

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  • Damelon – Don’t Feed the Trolls

Bas Wisselink (aka Damelon), member of the Nxt Foundation and Jelurida, has publicly expressed his displeasure in front of the opinions shared by some types of users that every now and then try to misinform and destabilize the Nxt community, by saying falsehoods and spreading uncertainty and trying to cause chaos.

Damelon says:

Let’s be clear: the devs are visibly very busy with Nxt and invisibly on ARDR. They have invested over half a year in building a company to make sure that it is sustainable. I have also been involved in this and I can tell you starting up three companies to make sure these things are done right is not an easy path, but definitely worth it.

For those wondering how a company meshes with creating Open Source software, I invite you to look at for instance this list: https://www.quora.com/Who-are-the-most-successful-open-source-based-companies.

There is no inherent conflict between Open Source and incorporation, especially if the people starting it have a track record of delivering consistent value and being dedicated to Open Source. The dev team is building, and yes, our dev team is a lot more boring than other projects out there. This is one of the reasons I have always loved Nxt, because boring tends to get things done right.

Do_not_feed_the_trollsBesides this, he states:

Both Nxt and Ardor are actively being developed… Nxt has had several updates over the last months, and Ardor is being developed on the development branch.

If price speculators choose to go somewhere else: let them. They will come back once news breaks again. If the only way to attract them is to keep putting out PR that is empty of value and just teaching people to chase the latest glimmer of tinsel, then I don’t care to do that. Never have, never will. In the long term, it’s messing up the industry and I’d rather build something lasting.

Building stuff that lasts is usually boring. Well, we’re extremely boring at this time. And that’s a good thing.

Travin (marenkar), also from the Nxt Foundation, adds:

NXT has a market cap of close to $6m and ARDR has a market cap of about $9m, for a total of about $15m. So the devs should just stop working on Ardor completely because the total value of both platforms, with one not even having testnet yet, is a “low” $15m?

More information: https://nxtchat.slack.com/archives/general/p1480770091013660

https://nxtforum.org/index.php?topic=85.msg227974#msg227974

https://nxtforum.org/index.php?topic=85.msg227979#msg227979

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PRICE EVOLUTION

  • Weekly NXT/ARDR Price Evolution

The following graphic shows the NXT / Bitcoin exchange price at Poloniex for this past week

nxt_btc_4dic2016

The following graphic shows the ARDR / Bitcoin exchange price at Poloniex for this past week:

ardr_btc_4dic2016(Back to the Index)

Under the Knife #1: Janus token

Janus

On November 09, 2016, 11:57:13 pm, Janus joined in the Nxt and BTC sphere by announcing their ICO on Nxtforum and Bitcointalk.org. Up for sale were Janustokens, which are tokens that will represent revenue shares in Janus, a (soon to be legally registered) software and services company which plans on launching multiple businesses. The industries targeted are done so specifically for maximum revenue with the lowest market share.

The Janus project is being launched by veteran blockchain enthusiasts with the aim of bootstrapping a number of initiatives under the umbrella of a parent company. As with any business, the goal of these initiatives is to become profitable and pay investors regular profit shares which exceed market rates of return on invested capital.

Our vision is to create a software and services company which utilizes a common technology platform to rapidly implement distinctly branded projects targeting a number of carefully selected markets. We believe that this approach will allow us to decrease development costs and increase product quality which will enable us to establish successful businesses and generate substantial profits which will then be shared with the Janus token holders.

From the Janus whitepaper

The janustoken.com site takes investments paid with BTC, NXT, and most altcoins (via Shapeshift). The tokens are issued on the Nxt blockchain and will be distributed to investors after the ICO. Dividends will be sent to investors via the well-tested Nxt dividend mechanism, in BTC, and directly into each investor’s BTC wallets.

The countdown, profit sharing plan, roadmap, time line, and income generation business model, can all be found on the website and in the Janus white paper. Nxt Foundation acts as escrow, investors which contribute and hold the equivalent of more than 50BTC Janus tokens, will receive a seat on a Janus ‘Advisory Board’.

What can actually go wrong?

Nxt and the cryptocurrency scene have seen many sellers jump into our forums, promising “moon” and good ROI, and, I’m sorry to say, but we have a damn good reason to be reluctant. We’ve been victims of numerous scams. We’ve funded some of those good pitches and seen our money vanish.

Under the knife

Janus coming out of the blue like a ninja, suddenly being all over the place, pitching, praising Nxt, posting walls of text and asking for funding, but without revealing much detail about their business models, could be either backed by relevant enthusiasm, good marketing, and natural protectionism of their unique business ideas, but on the other hand, it could also turn out to be nothing but “used car seller” tricks.

That’s what I told Bjorn, the Director of Marketing of Janus, when I contacted him on nxtchat.slack, in their #janustoken channel, and proposed this interview, my first in a series of asset issuer interrogations. Bjorn agreed to do the interview and, after reading the questions, decided to let lobos, Janus’ director of technology, Robert Gasch, join in the conversation as well.

Here’s the result.

ae-knifed

Q & A

Anonymous

Q: Bjorn, you have chosen to be anonymous. Why?

Bjorn: Due to current employment and the country I live in, I’ll be anonymous until Q2 2017.

I gave my passport to the Nxt Foundation though, that’s not a public fact but I’ll tell you that its encrypted and they have it.

Q: Who did you send it to?

Bjorn: evildave

Ad1: Dave Pearce, Nxt Foundation Board Member, has confirmed to me that he received a passport scan from Bjorn. I quote: “I can’t guarantee with 100% accuracy that it’s genuine, obviously, but we have also checked and confirmed the IDs of Robert and Luis, and they are genuine. Robert and Luis both know Bjorn in real life, so if something goes wrong, they will also be able to track Bjorn down.” 

Q: You’ve promised anonymity to tokenholders, yet Janus will become a registered company in Q1 2017, according to your roadmap. You have sought advice from “some legal experts”, you say, but “the finer details are still to be investigated”.

Why would any government allow you to pay out dividends to anons?

Bjorn: As a company most governments would not. To cover the majority of countries we are proposing to handle this in a way to reduce the generally imposed KYC that a company direct profit sharing would demand. For Janus token holders, the net profit will be distributed by one of the company co-owners as an individual and not as the company itself to allow those receiving profit sharing to retain anonymity.

Lobos: After deliberation with the lawyers we asked, we would lean towards the option of transferring the profits which are to be paid out to a company executive who would then distribute them using blockchain technology, as a person. This would sidestep the issue of the company directly performing this profit distribution but also shift legal responsibility to the designated executive. (the last word on this subject has not been spoken yet; it turns out that this is a much more complicated question than we originally anticipated which also depends on the jurisdiction in which the company is formed).

Q: You are working in the grey zone, I guess we can agree on that. What happens if regulations kick in?

Lobos: If and when regulations kick in which make the above proposed (and any other reasonable) method impossible, we would at this point lean towards a buyback program.

Q: A scenario could be that you would have to ask asset holders to give you their personal information. Message tokenholders via the blockchain and give them the choice to either hand over their personal details to you or sell their tokens (buyback option/sell on market). Then re-issue the Janustoken, on an Ardor KYC child chain in Q3 (if available by then) and distribute this new token to those who registered.

Bjorn: If this becomes an available choice, and doesn’t impede the distribution of profit sharing it can be altered to accommodate KYC, yes. The buyback could very well be the easiest route in the event of severe legal implications.

lobos: As a matter of fact, we believe that a buyback could be structured in such a way that it would take the place of the profit sharing.

Q: The thing here is, it’s not only your ability to launch grow and run a business we have to trust with our money. It’s a promise that you can run a registered business and we can be anonymous investors. Would you close the business or ask us to provide our personal info if forced to make the choice?

Bjorn: We would find an alternate method, more than likely what was proposed above and allow buyback options for Janus holders. There is always a way to protect users as long as everyone is willing to take the extra steps with us to do so.

Backstory: Betterbets.io

betterbets-site

Q: I have sent a message to Luis and Robert on LinkedIn, asking them to confirm that they’re related to Janustoken and BetterBets.io, because they don’t mention it on their LinkedIn CV’s. Also, BetterBets’s “About Us” page does not mention any of you. Can you prove that the betterbets site is yours? In some cases, when new asset issuers have wanted to provide proof of their identity, they’ve made a small change to their existing website, for example the “About Us”-page. Could you do that?

Bjorn: Yes we can. (it’s now added as of 5 minutes ago) Bottom right of the BetterBets.io landing page links directly to the Janus sale site and we have added this to the BetterBets about us page as you suggested.

Ad2: I have received a DM from Robert and Luis via LinkedIn and they confirm their active involvement with BetterBets and the Janus project. 

Q: You’ve said that BetterBets is in the top 5 of BTC dice/casino sites. When googling betterbets, I haven’t found you on any top list. I found a 5/5 review though, with a referral link to your site.

Bjorn: The google search would reveal paid ratings sites, we go by verifiable volume which is done by third parties such as www.dicesites.com. This site is and has been for years a true bitcoiner’s source for real casino data and provably fair thats been tested by the industry leaders who invented the methods used to calculate the provably fair methods used today. It’s an unpaid source and created by forum user NLnico who has been a long time community member to uphold security and proper business practices. He’s even done security work for Bitcointalk owner Theymos so this is not taken lightly when he approves a site for admission. The true top 5 sites changes often, one week we are #2 the next #7, the next #3 the next #10. This does vary but strictly averaged BetterBets is top 5.

Lobos: If you factor the volume we processed on Bettebets (68k BTC) and take into account the fact that we only launched approx. 18 months ago, you will see that we have been quite successful when compared to some of the casinos which have been around for years.

Q: Please elaborate on your success. You’ve moved around 47M dollars?

Bjorn: This is correct at this date BetterBets has achieved : 68806.33 BTC in betting volume since opening in May 2015. This site (thebitcoinstrip.com) isn’t completely current but gives some backstory as well.

Q: You’ve said that betterbets is a model of how the Janus project(s) will work (Janus will be a conglomerate of course, so there will be multiple companies, not just one, earning profits to Janus investors). Relevant to this (and to back you with trust), you’ve brought some of BetterBet’s early investors into the Nxtchat.slack.

Bjorn: The stakeholder program we created was actually 40 total spots not 20 (I may have misspoke in chat) and investors were able to purchase each spot for 5 BTC apiece (200 BTC total). One group close to us purchased half (20 spots) to secure their portion of the revenue from BetterBets. This investment and profit sharing will end in Q1 2018 as we have stated to all stakeholders.

Q: In the crypto investment space we’re used to new people dumping into IPO and ICO threads. They come with no backstory, yet they are all happy to buy into the project. Wouldn’t miss this opportunity for anything in the world. In other words, they are sockpuppets, accounts created to pump the ICO.

I’m not saying that @merk, @ropes, @kushed, @l3gionario, @bitcoinpot and others are sock puppets. But noone cares to ask them any questions. Why? Look at this:

You write that your investment offering to betterbets investors was minimum 5 BTC per slot, 20 slots in all. They sold out in 6 weeks.

bjorn_bb [9:37 PM]
now they are here and investing in Janus haha
it’s been a positive experience”

bitcoinpot [12:26 PM]
Hey there everybody, am here thanks to Janus team …being one of their stakeholders at BetterBets.io project consider myself lucky for having the opportunity to fill one of their stakeholders position avaliable already received back ( always on time – 1 day of the month) more than 50% of my initial investiment after 7 months of dividend sand I have still 17 months ahead

Q: Taking your word for it, 200 BTC was invested in betterbets within 6 weeks and everyone is on track to a full ROI in 4-6 months. Now, today with 1 day left of the 8% early investor bonus period for Janus, a total of 16.8 BTC has been raised, including NXT investments and new BTC investors.

I can ask the aliases in Nxtchat why they haven’t invested (more?) yet, but do you have thoughts about this issue yourself?

Bjorn: The only thing I can think of as to why some have not invested is really because we didn’t push investment into Janus on them, we showed them the details, the project and gave them insight as to what was coming but I didn’t direct sell it to any of them. My goal was to see if they had interest based on what we made public and decide for themselves. If I were to speculate I’d say some may not be in a position financially to invest, or are waiting until further into the token sale. Some previous stakeholders have invested. One is currently the largest investor in Janus up to this date. It’s impossible though to state exactly why, however, some of them are very busy or private and rarely even make contact as we have run a tight investment, and they probably never feel the need to enter the private slack we made available to them.

Lobos: Some of our investors are quite private and hardly communicate with us. I think the general feeling for Janus is that a lot of people are sitting on the fence waiting to see how it develops (less in terms of the token sale itself, but with regards to how we are able to communicate the story and whether we are able to hold up to the scrutiny which has been coming out way). Also, with the token sale having a set time limit (and for now not being in any danger of being sold out) there is no rush for them to dive in. From a personal perspective, I can say that I’ve never been a fan of diving into an ICO early on).

bct-betterbets

Source: https://bitcointalk.org/index.php?topic=1677509.msg17008011#msg17008011

Nxt vs BTC dividends

UPDATED: Due to a recent change of plans in Janus’ ICO and token distribution method (as announced on December 5th, 2016) some of the Q & A’s below are outdated. I have striked out the irrelevant parts.

TL;DR: Keep your Janus tokens in a local Nxt account at the time dividends are sent. Dividends will (for now) be paid in NXT. You can read more about this and get the latest Janus insights here

Q: The Janus token is issued on the Nxt Asset Exchange (AE) and you will use the dividend mechanism for distribution of BTC (not SuperBTC) to BTC accounts. Can you elaborate on this?

Bjorn: Janus exists on Nxt as a token and will be publicly traded on both the AE and traditional centralized exchanges. We have contacts in some exchanges and hope more will become available in time to allow greater platform trading. The method for receiving profit sharing will actually be executed outside the dividends feature, we will convert the Janus token site to allow all Janus holders present and future to create an account then input a BTC and their Janus/Nxt account addresses to receive their portion of profit sharing. It will be a simple verification of their Janus balance then sending BTC to the address users provide based on Janus amount owned. 

Q: Have to wrap my head around this; so only tokens which are held in a local Nxt wallet at the time of the verification snapshots and which have also been registered on the Janus site (to connect the Nxt account ID with a BTC address), will receive dividends. Token holders with Janus tokens on central exchanges (and Janus tokens bought on the Nxt AE but not registered on the Janus website) will not receive dividends. NOTE that the centralised exchanges could register their Janus token Nxt account on your website too and the exchange would receive the dividends.

Bjorn: Correct anyone who chooses to purchase Janus and also wishes to receive dividends needs to register their account on our site and add a receiving BTC address, this does mean that anyone, exchanges included could do this. I have a feeling that in the event we get on larger exchanges they would be willing to credit user accounts the BTC from profit sharing out of fairness. I’m also sure some smaller exchanges would keep it for themselves, unless their users demand they credit traders accounts.

In my humble opinion if profit sharing is significant people will have no issue using this method to reap the rewards of our work.

Q: Would Janus keep the dividends for non-registered token holders or pay all dividends to the registered token holders at the time of the snapshot?

Bjorn: We will pay all dividends out to those registered with Janus account and BTC address at the time of the snapshot.

Q: You’ve mentioned that the Janus token may be incorporated into some of your future sites. Can you elaborate on this?

Bjorn: One method to incorporate Janus on some of our sites will be similar to using a rewards model. Without a user having to understand anything technologically about blockchains, it’s very easy to allow ‘reward token’ (which would in fact be Janus tokens) to be used to redeem or send to other users on specific sites we are launching.

The main focus when our team enables features of this nature is to reduce any of the thinking associated with new technology, the way it will be used may not even indicate that it is a Janus token by name, although the underlying fact is that it will be Janus and using Nxt/Ardor blockchain for accounting.

Final Round: The FUD

dont_panic_button

Q: NXT price goes down. Will my Janus tokens lose value?

Bjorn: Our speculative answer is no, Janus derives nearly all its value from our business sites (and announcements of), therefore it is almost independent of any platform in regards to inherent value.

Q: Nxt Foundation gets 5% for acting as escrows. When will they release the funds?

Bjorn: The Nxt Foundation will release funds when all Janus tokens have been credited to the accounts from all participating people in the token sale and all bounties and associated rewards have been paid to participants.

Q: If they release funds after you’ve distributed the tokens to investors, how does this guarantee that you won’t run away with the funds? The AE token cost you 1000 NXT to issue, it would make you a very decent ROI.

Bjorn: We only have our reputations and word to guarantee this, we have a running blockchain based business that people depend on currently to do well, it could be used as leverage were we to run away. Also our core team for Janus 2 of 3 are now public, and Robert is co-owner of everything we do.

Lobos: I have been a professional software developer for 25 years and have worked on quite a number of enterprise-grade and mission critical projects. My work record is impeccable and no matter what happens to the token sale, I intend to emerge with my reputation intact; if for some reason this won’t be the case, it will severely impact my future employment prospects which is not something I am willing to risk.

Q: Nxt is controlled by a dictator doing hardfork attacks all the time. It’s a proven fact. What will you do when Nxt API changes and your services break?

Bjorn: Hypothetical question?

apenzl: FUD.

Bjorn: Our primary goal for all holders of Janus is security and longevity with the means to track users tokens held to deliver proper profit sharing percentages. We will adapt or use any platform necessary to carry this out, Nxt was chosen specifically for it’s secure and proven track record though. Janus will adapt if needed to any threats.

Lobos: One of the reasons we are donating 5% of token sale proceeds is that we wish to help put the Nxt foundation into a position which will enable it to continue the stewardship of the Nxt blockchain and its associated technologies.

Q: It isn’t guaranteed that Ardor will launch. Might be vaporware. Are you going to stick with old Nxt when Ardor doesn’t happen but other fancy fast scalable blockchain 3.0 solutions launch?

Bjorn: The best part of Janus is really the fact that platform choice is more of a convenience than mandatory, profit sharing is delivered in Bitcoin, and using Nxt currently to track Janus tokens per account. If at any point a new method to track distribution of Janus owned is needed, we will make this happen, even if it means launching our own private blockchain. We personally hope this never happens, because one of the great things about Nxt/Ardor is the developers and foundation. They put so much of their time and lives into the Nxt platform, thus allowing groups like the Janus team to focus on the use of their hard work and efforts. Our team believes in using the tools available to achieve success, this is why our focus is on business and not trying to advance a technology that’s already a decade ahead of mainstream adoption.

Lobos: We can only re-iterate that Janus is not a blockchain technology play but a business play. The underlying blockchain technology is actually quite irrelevant to us as long as it is actively maintained and supported. NXT has an impressive track record in this regard which is the primary reason why we chose it as technology base for Janus.

Q: Look at the Waves ICO. No code but pretty pix and promises at the time. It made them 16M USD equivalent. People like GUIs. It’s the same with Komodo. grewal posts screenshots of an easyDEX GUI and the crowd goes wild. Could we ask Janus for something to look at? A screenshot of the GUI from one of your promising projects. You plan to launch a business in Q2, you must have something. As long as it doesn’t give away some “secret”, could we have a look?

Bjorn: Yes, and we plan to show at the bare minimum, some of the things our framework for sites to come looks like. Including projects already using some of this in the wild now.

Lobos: Having been a software engineer for 25 years, I can not stand to simply push out code which just happens to work and is a complete mess. As such, one of the things I have done is to develop a framework which allows for a modular codebase and avoids the mess that monolithic codebases tend to become over time. The first public site implementation based upon this framework is actually the Janustoken.com site.

In addition to this, I have developed and own the copyright to code which can be used to implement Realty and eCommerce sites. This code has been implemented over the course of many years and has evolved to handle complex business logic while retaining its flexibility. Unfortunately the code has been written for a legacy architecture and needs to be refactored to properly fit into our new framework, but refactoring a codebase is many times easier than writing one from scratch, especially so if you can preserve the business logic which has evolved over the course of many implementations.

As a final point: over the past three to four years I have mostly been busy working on contract basis, mostly utilizing proprietary frameworks for large-scale customers. I can point to sites such as https://ice.com , http://vulkan.com, https://www.worldshop.eu and many others that I’ve helped implement. The most active site running an ancient version of my realty package is http://www.lrossa.com, a major booking engine for the region of Istra in Croatia.

Ad3: I have checked to my satisfaction that lobos (Robert) has been involved with the development of the sites mentioned above.


JANUS UPDATE:

ICO “CANCELLED” –
JANUS IS TRADING ON THE NXT AE

December 5, 2016

On December 5th, the Janus Team decided to stop the ICO and return all funds raised to their investors. Read details about the refund HERE.

Bjorn_bb writes:

The pace of the original sale was not going to reach 3500 BTC as was required to allow for such high revenue dividends, therefore we took a decisive course to allow investment directly here: https://www.mynxt.info/asset/4348103880042995903

Details:

[ICO] Janus on the Nxt AE

UPDATE 2:

Dividends are being paid monthly, 90% $NXT from BetterBets.io | 10% $ETC from https://etcbets.com, and their planned businesses are being built, the roadmap is being followed.

Latest updates:
https://nxter.org/ae-janus-4348103880042995903

Website: https://janustoken.com/
Bitcointalk: https://bitcointalk.org/index.php?topic=1677509.0


Disclaimer: This post is for general information and news purposes only. It does not take into account the reader’s personal circumstances, objectives, or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, representation, or endorsement by the author or the website owner and should not be relied upon when making (or refraining from making) any investment decision.

Nxt assets “Under the Knife”

To date, almost 800+ assets have been issued on the Nxt Asset Exchange (AE) since it was launched less than 3 years ago, as the first implementation of the coloured coin concept in crypto.

Some assets have gained magnificent market cap, in some periods even outperforming its reference currency, NXT. While others have been issued as experiments and some have, unfortunately, been scams.

The Nxt AE has been running secure and stable during all this time and continues to impress issuers and users with its advanced built-in features. In the Nxt Client, you can easily search for assets by their unique asset ID – but how can you find these IDs? You can trawl through asset threads on nxtforum.org or you can check an asset list on a Nxt Blockchain explorer.

That’s it. Because to this date, we have not had any service or central hub dedicated to rating, describing, or warning against fake assets.

How to find the good assets?

On the AE there’s no built-in hand holding. No regulation, no government protection, as it’s a 100% decentralised global asset market. There is no built-in KYC registration (such can be implemented on Ardor child chains), so investments and trades made on the AE are based on whether you trust the issuer / business or not.

Do your due diligence. Investigate. Ask questions to the issuer.

Experienced AE traders know this. Asset issuers should be aware of it too and go a long way to provide details and quality answers to their potential backers. But, let’s be honest, more than a few asset issuers got shocked by the community’s “guilty until proven trustworthy” approach, felt attacked, and ran off from NxtForum, after going in there full of energy and ideas, pitching their most promising project in an [ANN] thread, combined with a well-prepared business model (or not!), and possibly even a 100% working product to give ROI to their investors – if only they’ll back the startup.

While some campaigners may have only spent minutes on writing their pitch (and, thus, will be ignored), others have worked hard for months, or even years, on their business idea or software before finally seeking funds.

In both cases, the campaigners will be questioned, thoroughly, about their personal backstory as well as their business plan and product or service offering. If there are obvious holes in the issuers’ plans, it will show, and critical questions, and thus, judgement from the masses might not always come out politely in such cases. Wise asset issuers / campaigners thank the community for the free consultation and up their game and announce the necessary changes to the plan. Or, they defend their plan because it’s well thought through and fine. Campaigners would know if such a response was successful or not through the follow-up feedback from the community.

Either way, the process is tough on issuers. Some feel confident, others humiliated or trolled. Some give good answers while others can’t handle the stress and finally answer back aggressively. Unfortunately, then they lose out.

This is bad for investors. Not if the asset was a scam, of course, but unfortunately it isn’t always so.

So back to the question: how to pick the good assets – and avoid the bad?

[ANN] Nxt Assets “Under the Knife”

ae-knifed

In a new interview series hosted on Nxter.org, I will approach asset issuers with questions that are relevant to AE investors. I won’t be soft. Thus the title for the article series: “Under the Knife”.

Issuers will get an opportunity to read the article before it gets published. This is to give them a chance to make changes to their approach instead of having potential flaws revealed out in the open, on the oh-so-never-forgetting internet (who wants a “scam” post connected to their new great business name on Google search results?). Asset issuers can refuse to make an interview, but they can also ask for one to be made.

If an asset issuer decides to sponsor an article in the series, they won’t be guaranteed any recommendation. It can only be guaranteed that we’ll do our independent research and due diligence and publish it, which may turn out to their advantage – or their disadvantage. No asset sales are guaranteed.

Why?

Nxter.org works independently, yes, we’re a rare case. We’ve proven more than once that we can’t be bought. We exist to provide readers and investors with non-biased information. With this approach, we also give issuers a more seriously researched article, to which they can point both forum trolls and interested investors, instead of wasting time on answering the same more or less relevant questions over and over again in different chat rooms, private messages, and forums.

There are too many scam ICOs in the world of cryptocurrency but there are also too many hidden opportunities on the AE. The current situation is bad for investors and bad for crowdfunders as well, so let’s try to give both parties a helping hand. If you’re interested in helping, please contact us. In parallel with the interview series, we are building the nxter.org/assethub. More info about that will be available asap.

Who’ll get cut?

Time will tell. The first interview has been made with the Janus project. It felt natural, as they are currently hosting an ICO. Janus is a start-up business conglomerate that will be using the Nxt dividend feature to distribute BTC dividends, and may also implement their Nxt AE Janus token in some of their businesses…. or so they say. Check nxter.org tomorrow and read the first “Under the Knife” asset issuer interview.

Related posts:
Under the Knife #1: The Janustoken

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