Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
2Kool4Skewl
on 18/02/2014, 04:34:29 UTC
Dear supporters,

 I want to talk with you about the future of Nxt.org. I'm working with Passion_ltc together to make this website the center for the whole Nxt ecosystem.

We have many great ideas for the website, but before we start we need to talk about something inconvenient: the money.

I paid 157,000 NXT and 6 BTC for the domain. A few guys maybe are thinking that this is far too much, but I don't think so. With Nxt.org we finally have a quality domain for a quality product, and if we consider that Nxt will be the future of money then the money was well spent!

2Kool4Skewl asked on nextcoin.org about acquiring the domain. And I'm pretty sure that someone said there was a bounty for this domain.

So I want to ask you if someone knows more about the bounty. Maybe I could get a nice sum of the money back though this?

Thank you very much!

Greetings,
BitVenturer

Quote
According to my calculations if each one of this account (http://87.230.14.1/nxt/nxt.cgi?action=34)
will pay at least 30K nxt from his balance, it will be 1.8M NXT, I think its a fair price

Just give the community the domain for 157,000 NXT and 6 BTC. Maybe a little premium on top. But that's it.

The community didn't appreciate the fact that I got the name, my effort and resources...
You think that the name doesn't cost 1.8M ?
"Community" != "Customer"

I'll give you 250k and donate the domain back to the community.

1.8M Nxt is 172.8 Btc.  That's a high markup that I don't think the community can afford for one domain name.

Let's assume that Nxt is 0.00007 Btc, which was probably approximately the rate Nxt was trading for around the time you purchased the domain.

You spent 6 Btc and 157,000 Nxt for the domain.  6 Btc / 0.00007 Btc per Nxt = 85714.28 Nxt + 157,000 Nxt = 242,715 Nxt

So, you spent approximately 243k Nxt on the domain name.  You would like 1,800,000 Nxt.  I can appreciate the fact that you would like to be rewarded for getting the domain, but I think a 7400% markup is too much.

If everyone can agree on an amount, I'm sure the community would have no problem giving you a bounty for registering the domain.  You would have to transfer control of the domain over to opticalc.