One will be created after the wallet is launched.

People can tell you are new to crypto. If only you know how clueless you are representing yourself right now.  I advice if you want people to take you seriously don't hide behind anonymity and do some research on how things work before yodelling, Witek. As for enjincoin, you guys asked nemgun for help. I talked with you and we were planning to meet because you were coming to my city. You guys wanted to do an ethereum token with centralized elements in your crowdsale for quick cash grab while Nemgun suggested to do something completely decentralized and done properly instead of a centralized token. You guys did not know how crypto work but wanted to make the transition to this space from an already established business for obvious reasons. And please don't paint me as a victim with your wild delusions.

This is the same question I received on Slack
http://imgur.com/a/LjVVf

Hi,
Sorry for the delays so far from the team. We are busy helping people that sent BTC from an exchange. They would have likely lose their tokens if we don't spend extra time catering to this 5% of crowdsale participants.

Ideally we want the crowdsale stage to be finished so we can resume on development.

I replied. I don't see any scam? It was a free website anyone can register and use. We later sold it for $200,000 after the article was posted about us. Please review your research before making scam accusations.
Thanks

Our focus is a decentralized exchange. Fiat implementation is not part of our main focus.

Hi, are you planning to deposit with BTC?

The price is calculated after the crowdsale from total amount raised, so you can't know the price per NVOT.

Can you export private keys from blockchain.info?

I will wait for Yanni to reply. However, I checked the site and it seems you have to share it to receive codes. I assume Yanni wanted to check if the site is legitimate, so he shared it on his G+ which is harmless because no one uses google plus nor he has any followers.

Hi, you are welcomed to join us on a skype call to verify all these claims. It's easier to doubt someone online, but everything will make sense once we talk face to face. Just PM me your skype ID .

We are private people so you won't find our online profiles publicly. We actually have a lot of pictures of yanni during ERMA development we can show on skype call.


left : yanni
right: Nemgun
Middle: Ulysse the husky


http://i.imgur.com/CBUDgqc.jpg

Those will be available in several days.

No one could predict the final balance its a crowdsale after all.

Actually, the validator can be run on the testnet. So we can develop the validator right now at this moment. The problem is since the network is in alpha, the testnets are frequently reset, so it can be very inconvenient and inefficient. There are alternatives, but it will make the exchange semi decentralized instead of fully decentralized.

If Maidsafe never comes to fruition, we will use those alternatives until it's available. We have thought about this so don't worry.

We are keeping it at $0.99 for legal purposes.

It will be easier if you check our whitepaper or watch the youtube video to explain how the validator will work. For simpler explanation, check the video. For more details check the whitepaper. It's between wallet to wallet so we can process orders quickly for users. The problem would be users are required to be online for the exchange to happen so offline trading won't be supported right away and high volume orders might take longer than traditional exchanges during the early stages of development. That's why it's important for us to raise money for liquidity and get partners that are market makers. There are several methods to tackle the problem with offline trading, but it won't be part of our main focus until online trading works well. The problem with offline trading is it won't be fully decentralized(semi) however it is doable. There are also other methods that rely on the Safenetwork that we could do as well that will keep it fully decentralized, but they haven't been developed yet as of this moment and will be worked on during alpha 3.

The wallet for NVO will be open source and the state of the validator will be decided by token holders. We will use money from crowdsale to hold a reserve for bugs bounty and it will scale with the exchange so more money will be added to the reserve as the exchange becomes more profitable. Unlike centralized exchanges all assets are controlled by users even during exchange. Theoretically, if we encounter critical bugs/vulnerabilities, there is a much smaller window for theft in both time and quantity compared to centralized exchanges due to hackers having to target very specific settings which can be prevented as we set up more system of independent checks minimizing the risk of theft from even small incidents. Ultimately, if there are problems it will mostly likely because users don't secure their computers from malware.

Yes we both have experience dealing with exchanges and crypto currencies projects. We have a partnership with coinpayments and are endorsed by the Maidsafe team because they believe in the capacity of this project. If this project is impossible to implement then the first people to realize that would have been the maidsafe team so rest assured this is not impossible and will be done. For Yanni last project, he was working to help to build a centralized exchange called veserus.com which is still in development, so there is experience working from both sides.

It's easy to doubt development for decentralized exchanges and forget that nearly every non-DEX has been hacked and struggle to stay in business for continuous years. These hacks can vary from human errors to third parties vulnerabilities on traditional networks. Non-DEX not only control users assets they control users' info and the market itself. Centralized services form a monopoly on the decentralized economy.

We have endorsement from the Maidsafe team while building this project on the Safenetwork. It takes a few post on the forums to request for help from the community, and issues can be resolved because when it comes to developments there are solutions its just a matter of finding the best one. Along the way we may get hacked and we can't say we won't because any service or website saying that would be lying. We can get hacked, but it's set up so the incidents are minimized even if we do. You can read the whitepaper on the scenarios and how we plan to prevent it. We also have very flexible set up on what technology we can work with to secure the exchange such as a solution to double spend . There will be a rewarding security bounty reserve so people are always encouraged to find vulnerabilitie. Our wallet and plugins system also ensures we are not only building an exchange but a encouraging a shift from centralized services to become more decentralized so that all decentralized services get a bigger market share. Hopefully more people will understand what we are trying to build and realize it's importance.

NVOS supply can be manipulated they are not fixed. They are distributed depend on how much NVOT are in your NVO wallet similiar to staking. More NVOT addresses will receive more NVOS when the exchange is in production. NVOS can be converted to Bitcoin automatically through our validator or counterparty exchange. Unlike NVOT, NVOS are fixed at $0.99 because they are only used for fees distribution to NVOT holders and nothing else.

Our partnership is with coinpayments. They support is and endorse the project but they are not our partners. The only partner they have is Maidsafe Asia.

The NVOS are pegged to USDT. The financial return can be calculated from total raised and total volume exchanged per day. The more volume the higher the returns. The higher we raise the less returns for crowdsale participant, but the better amount we get to work with development, liquidation and overall execution of the project. NVOS can be 100% liquidated as it's a fixed price token for fees distribution and the supply can be adjusted to guarantee distribution. It's all included in the whitepaper.

Hi we are setting one up soon. If you want to get notified PM me and I will let you know when it's up.