Quote from: ewibit on May 13, 2014, 09:20:15 PM

Quote from: drawingthesun on May 13, 2014, 01:49:44 PM

Nxt now has a fully automated distributed exchange. Why not use that?

better:
https://www.counterparty.co/

Yeah if we're going the DEX route, counterparty seems like a more proven and stable option as things currently stand.

Quote from: DeaDTerra on May 13, 2014, 01:56:40 PM

I ran a ASICMINER Pass Through before,
The system works but there are some flaws.

First of there is a lot of manual work, which in turn leads to a lot of errors. I had several times where Transfers that should have been done wasn't done or shares who were suppose to be sent one place were sent somewhere else.
Second a lot of people (several have contacted us being worried about this) are not in control of their payout address, meaning we would have to build a site/routine to safely and securely allow people to switch their payout addresses.

It is just a lot of work and we would rather if we can try to reuse the work put into CMX by the CryptoMex team and use their platform to hold PUs and pay out people, if possible.

As regards to the question about money spent on CMX. No IceDrill money was used to fund CMX, it was funded by the CMX team and external investors.

I'm all for not reinventing the wheel, it just seems like overkill at the moment to have a whole platform dealing with a single issuance. What is the plan for developing cryptomex as a platform? Why would a a firm release an IPO here rather than through counterparty or Nxt? What work is being done to advertise cryptomex as an option at all?

The site itself seems polished and functions well enough but it still feels like beta software. For example, branding is not consistent across the site, which is a shame because the logo looks pretty good. I also don't like that the login page is separate to the index / splash page. It's particularly bad that there isn't a way to return 'home' from the login page. These are minor things but they all add up and detract from the user experience.

Having a whole platform for icedrill seems overly ambitious to me. It would be much simpler to use a dex or passthrough for now, and keep cryptomex on the backburner until it offers some unique and compelling reason for firms to issue there.