Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Kora::100% POS|Qora Clone|Free & Fair ~3k users|issued NXT AE asap
by
Kora
on 22/05/2014, 11:09:23 UTC


  "Launched after Qora source code released ", you are kidding us.

No, not kidding at all. Have you any experience using the NXT AE? It's quite amazing.

Once we have completed the stakeholder registration process we can issue 'Kora tokens' on the NXT AE, so trading & price discovery can start quite quickly, even if the Kora coin isn't released yet. I  think trading Kora on the NXT AE is a very viable intermediate option, and I believe NEM is planning something similar.

Remember, a crypto currency is just a digital token, and using the NXt AE we can issue a token to represent each Kora coin regardless of when the Kora network goes live. Once the source is released I imagine a short period to get things ready, and then anyone in possession of the NXT AE 'kora token' would send those back to the asset issuer, and then they would be sent the same number of kora coins to their Kora wallet.

We couldn't have launched a Qora clone without the source before the NXt AE was launched, but we certainly can now! Pretty cool hey Smiley