Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ORA::100% POS Free & Fair distribution|issued NXT AE
by
Sebastien256
on 06/11/2014, 08:01:38 UTC
I want to discuss something that came to my mind yesterday night  Cheesy

NXT will get a feature called Monetary System. How about issuing ORA as a coin inside the NXT ecosystem? ORA would be one of the first coins inside NXT (probably the first). We´re already living inside the NXT ecosystem as an asset, so why not issuing a coin there and swapping the Assets for it?

We have discussed this. This could be one of the option.

What's your cons on this?

I think it's a great opportunity. NXT has it's initial distribution problem, which someone always talks about. Besides this there is a great community and NXT contains many features. ORA has a good initial distribution (if not the best so far).
Together it could be awesome Grin In my opinion it could perform much better than a simple clone of another coin.

I proposed this option two times earlier this year in this thread, but AFAIK Ora devs or Kora never came back to give their opinion on this matter.

Well dont get this wrong, but we still have not seen the ms system yet. The documentations are there, i am also actively stdying the MS but yeah we cant decide without seeing anything.

The pros - we can use all the Nxt features.
The cons - totally dependant on Nxt platform and Ora does not have its own platform or its own features.

Like i said earlier, we are considering Ora being A Currency exist in Nxt Monetary System. But we need to see what it is all about before deciding. Do you feel this approach is wrong?

it all right Smiley