Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LISK] Lisk | ICO | Decentralized Application & Sidechain Platform
by
bitseedmike
on 23/02/2016, 00:48:58 UTC
[...] Crypti was a success [...]

You mean the ICO of Crypti? Because Crypti is dead after Lisk launch. That can't be called as a "success".

Crypti is continuing on as Lisk. The original Crypti will be maintained for at least 6 months if anyone is interested in continuing with it. XCR was trading in the 1200-1300 range with 4-10 BTC daily volume up to right before the announcement of the Lisk ICO. There was a gradually increasing traffic of new members joining the community and setting up delegates. An even greater flood of interest and membership has come in to Lisk since the announcement. The price of XCR has been trading with 10-20 BTC daily volume near, even, occasionally above the BTC price equivalent with 1st week bonuses for the last week proceeding the ICO, confirming the interest in moving forward with this project.

Like Ethereum, Crypti was severely hit by the BTC price decline in USD over most of the duration of the project, starting with an initial 20% crash while the funds were still in escrow. This made the development environment much more difficult, and I commend all of the team members who stuck with it to release the core platform upon which Lisk will build upon and improve, and those who will move the project on to fulfill not just its original goals, but much more.