this project is good and also confusing, the whitepaper only talk about token, token, token, trade, trade, 5D, 5T, blalbalba... smartcontract, blockchain, blockchain, business, business
it never talk on how it will work, i mean how it will work physically, they said :
"...SunContract is a platform that directly connects electricity producers and consumers into an electricity pool based on smart contracts..."
connect directly producer and consumers ? well how?, how do we transfer the energy produced directly to consumer ? how do producer transfer their energy to energy pool, how consumer consume energy from energy pool?
I noticed that too. The should revise their whitepaper and add that information in. No sure how it was over looked. The countdown on the site keeps changing too.
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BoardTokens (Altcoins)
Re: [ANN][SNC] SunContract - Decentralized Energy Market
How many coins will be distributed during the token sale? How many tokens will there be in total (max supply)? Is the supply capped or new tokens will be made and distributed throughout the life of this business (deflationary/inflationary)?
Total number of tokens depends on number of raised ETH. Number of SNC are final, there will be no further sale of SNC tokens.
So if you raise your cap of 100k ETH then there will be a supply of around 10 billion SNC's?
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BoardTokens (Altcoins)
Re: [ANN][SNC] SunContract - Decentralized Energy Market
by
sytd3h5
on 28/06/2017, 14:10:01 UTC
How many coins will be distributed during the token sale? How many tokens will there be in total (max supply)? Is the supply capped or new tokens will be made and distributed throughout the life of this business (deflationary/inflationary)?
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BoardAnnouncements (Altcoins)
Re: [ANN][CrowdSale Live]🌟🌟🌟🌟 NVO Decentralized Exchange | Multi Wallet 🌟🌟🌟🌟
Your crowd sale is the first one I've participated in. I am rather confused on the NVOT retrieval/distribution process though. I sent bitcoin to the provided bitcoin escrow address after entering my exodus bitcoin wallet address in the right column of the crowd sale page. You state that when the tokens are sent to us we won't be able to see or send them, but we should make sure we control the private keys to the wallet we sent bitcoin from. And you also mentioned how the NVO wallet will be able to hold NVO later on.
I am not sure exactly what role the private keys play or will play but the following is just an assumption, will I need to enter my exodus wallet private keys into the NVOT wallet to retrieve/see my NVOT tokens? Or will some other process involving my private keys be required to retrieve the tokens? I'm sorry if this has been asked before somewhere but I went through each of the previous posts on this forum topic and didn't find anything that addressed this exact issue apart from mention of controlling private keys.