Quote from: Bagwell on October 10, 2017, 12:53:30 PM

Quote from: DXB2017 on October 10, 2017, 12:44:20 PM

Quote from: CreditBit-dev on October 10, 2017, 12:30:52 PM

Hello community,

we are happy to announce that we have started the next phase of development cycle...

So we have published CreditDAO - https://etherscan.io/address/0x40219dd5412e3DF40CA3c1C9A7c47786028E626c#code where first ever elections have started. The elections will be over in a month and who ever wants can candidate can do this via a simple method on the contract(sumbitForElection()), with this you become candidate and can start getting votes.

For users that want to vote there is a simple method(vote(address _participant)), where you can vote with your locked balance for the candidate, but be aware if your locking period expires before the end of elections your vote will be denied. In that case you must lock your coins for a little bit longer.

At the end of the elections we will get the team that will be the managing the dao finances for the next year, we wish all the candidates a good and fair elections.

We have also deployed CreditDAOFund - https://etherscan.io/address/0xf8fB6940bb64016375B7d5Db477d03fd3F4BA699#code wich holds the dao coins and ensures that they cannot be withdrawn. Besides that only the CEO of creditDAO will be able to claim locking rewards.

You can expect the detailed development plan soon, but for now we will publish Election instructions soon and untill the end of the month we will publish first creditGame.

Yours creditdev

Amazing! Lets rock 👍🏼 Right time!

Dao is almost there, i think that the dao will be a huge contribution for creditbit. People have to look at the creditbit differently like other crypto coins. An eco system is being built on the creditbit. Various projects with different ideas will be able to connect to it! And use it! All that offers! You do not need to make a new coin and get a new one community. your project and your idea can easily pass through creditbit

THANK YOU!

Finally someone who reads AND understands Grin