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.
- Janus – Summary
- Adel – First Members-only Mastermind
- SCAM ALERT: Fake ARDR asset on the NxtAE
- Transactions sent to the Ardor issuer account by mistake
- TradingView – NXT one more wave
- TradingView – NXT/BTC Breaking Triangle
- TradingView – ARDR making its way 14,000
- TradingView – ARDR uptrend in tact, ready for a run?
- Weekly NXT/ARDR Price Evolution
This week’s newsletter is put together by apenzl, jagd, rubenbc and Jose, with final edits by Travin Keith.
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.
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!
— Travin Keith (@TravinKeith) June 28, 2017
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:
Hint: Try searching the Nxt Marketplace.
Also, there are some free beer vouchers still left in this account.
— EasterEggs (@OPeasterEggs) June 25, 2017
— EasterEggs (@OPeasterEggs) June 26, 2017
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:
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.
–The Janusproject Team
History and news: https://www.nxter.org/ae-janus-4348103880042995903
Adel – First Members-Only Mastermind
— Jess Allen (@THEJessAllen) July 3, 2017
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.
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
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
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.
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.
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.
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.
Changelly Transaction Data
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.
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.
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.
In the Nxt client.
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
Linux: /conf folder under the root installation
c) Create a text file nxt.properties in this directory with a single line:
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.
TradingView – NXT One More Wave
Trading View – NXT/BTC Breaking Triangle
Trading View – ARDR making its way 14,000
TradingView – ARDR uptrend intact, ready for a run?
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:
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.