Closed lapin7 closed 6 years ago
@leithaus @edeykholt Please provide identifying documents to get Rchain's account enhanced verified. See submission doc
I've moved the Bittrex Submission Paper to RChain\Members\Exchanges
I made also some additions in Suggestion mode. Please add your insights as well.
Hi, I've made a request on poloniex at https://poloniex.com/coinRequest
Request made to changelly
Hitbtc request made
Let's just sit one moment on the sending. I first have to read these two articles: http://www.thetaxadviser.com/newsletters/2017/apr/cryptocurrency-taxes.html https://www.irs.gov/pub/irs-drop/n-14-21.pdf
It could be also FYI
-- HJ
On Tue, May 9, 2017 at 3:53 PM, patrick727 notifications@github.com wrote:
I think we can go ahead and send off the request to bittrex, I doubt we will get the extra info to expedite process in any reasonable time. @lapin7 https://github.com/lapin7 do you want to send it out from an offical rchain.coop email or is a normal email ok?
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We've also talk to Evan, because he attaches only value to RHOC when the whole platform is in place. This is bullshit of course, because RHOC will gain value pure on hope and believe.
BTW your defined price is fine with me and will go into the books like that.
-- HJ
On Wed, May 10, 2017 at 4:12 PM, patrick727 notifications@github.com wrote:
@lapin7 https://github.com/lapin7 thank you, yes I have been reading over them carefully, RHOC specifically is interesting, if there is no market value determining the value, then I believe it will have to be the latest SOW's that determine the basis for tax purposes, because the SOW's are effectively the "exchange" and have a USD value to them. What we were doing(until I made my unique deal) was marking SOW's with RHOC value at whatever the AMP value was when the agreement originated.
Since RHOC have been traded successfully on etherdelta, that might be a basis as well, which that basis may benefit all of us because I believe there at something like .0006 ETH, which is .50 USD currently.
Definitely need to talk through this more but i'm ok with holding off at this point.
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The RHOCs are ERC20 tokens which, AFAIK, were created to act as a temporary store of value. Everybody is looking forward to the RChain native token, the REV. But from what I hear, that is a year – or more... – away. In the fintech sector that's too long to make predictions. Any scenarios will be based on an array of assumptions strung together.
In the meantime we should align on how we want to utilize the RHOCs. They need to be actively managed, otherwise they will lose their value.
@lapin7 I can totally understand Evans point of view and its much needed to maneuver the business dynamics.
Right so my SOW is a fixed RHOC amount until 8/31 that is giving it it's unique price basis. What we are talking about is essentially the reverse.
...you know the details of it. I'm talking for future budgeting and bounties, and re-reimbursements, etc.
Cheers
Yes, I'm fine with that. But I'm not going to send the mail to Bittrex from an @rchain.coop mail address. That's because Ed said that officers of Rchain are quit silent about registration RHOC on exchanges.
-- HJ
On Thu, May 11, 2017 at 4:32 PM, patrick727 notifications@github.com wrote:
@lapin7 https://github.com/lapin7 I can totally understand Evans point of view and its much needed to maneuver the business dynamics.
Right so my SOW is a fixed RHOC amount until 8/31 that is giving it it's unique price basis. What we are talking about is essentially the reverse.
...you know the details of it. I'm talking for future budgeting and bounties, and re-reimbursements, etc.
On that note, are you ok with going ahead and submitting the bittrex submission?
Cheers
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I agree with gather all necessary information required to have the token listed on exchanges, however it should be noted that while price discovery is important, large exchanges are not the only mechanism to achieve this goal.
Both Maker and Digix have been sold (MKR by the Maker team in limited quantities) on Oasis and EtherDelta with low volumes where sellers have maintained asks within a range of parity to Ether. There is less noise about the price/market cap with steady appreciation. Today, MKR & DGD are valued at $163 and $85 respectively.
Edit: Removed the comment regarding the RHOC to REV conversion..it is 1 to 1.
Hi @kdvalentine, So it's possible for me to place RHOC sell orders on Oasis?
Hi @lapin7, yes you can place RHOC sell orders on Oasis or EtherDelta.
Install Google Chrome
Install the MetaMask Chrome Extension
Click "Add to Chrome" to Install MetaMask as Google Chrome extension.
Click "Add Extension" to confirm and MetaMask will be added
Create a new wallet by clicking the MetaMask logo and agree to the MetaMask terms and Conditions
Click "Create a new vault" with a strong password and click "OK"
Metamask will show you your seed. Copy and store those 12 worlds, without them you cannot restore your wallet.
In the upper right corner, change to the "Ethereum Main Net" & fund your account
You will need to be logged into MetaMask to use either Oasis or EtherDelta
For OASIS
Go to Oasis
Before you trade you will need to "deposit" ETH. Because ETH does not follow the EIP-20 standard the token needs to get 'wrapped' in a special smart contract first to turn it into an EIP-20 token. This is because ETH existed before the EIP-20 standard existed.
Go to wrap/unwrap and wrap ETH to turn it into W-ETH.
Go to Trade and place new orders or trade existing orders by clicking on an open order on the order book to buy/sell into it.
The first time you make a transaction you will be prompted to set your allowance.
The RHOC market is https://oasisdex.com/#trade/W-ETH/RHOC
For ETHERDELTA
Go to EtherDelta
In the Upper left frame titled "Balance" deposit ETH
In the frame below titled "Volume", select the ETH/RHOC Pair
Place Buy or Sell order in the "New Order" Frame
Caveats
@kdvalentine thanks for the brief how-to's, well formatted
Thx @kdvalentine. It was clear and I have placed some orders on Oasis.
The board of RChain doesn't feel like registering RHOC on an exchange. They hope more or less that people create in a bottom-up way a market for RHOC. Now there are about 300 people that own RHOC, maybe they are interested in helping to get RHOC on exchanges. We can send out a direct mail with this content:
If you're interested in having RHOC on an exchange please raise requests "here" and "here". In the mean time you sell your RHOC at oasis and etherdelta. With below the manual of @kdvalentine . I can also ask @magicmirage to make a video based on the manual. But before he can do that he has to fill out at least form "SoW" and maybe "Job application" if he feels like. @kdvalentine @jimscarver @plantether @kitblake could do the same, in order to reward them for their efforts. 🥇 That would be also a good test if that procedure works.
Hi @magicmirage ,
Please communicate through github and not with personal emails. Like that all interested people can follow the progress.
Great to hear from you. This SoW is a try out. Let's see how far we come.
Start date: 06-01-2017 Duration: 1 Proposal nr: 1
Please create an Epic under https://github.com/rchain/Members/issues/43. Something like "How to deal on exchanges like Oasis or EtherDelta"
Please collaborate with @kdvalentine and slack@nathanwindsor in order to align things. He's making a video about RChain.
The talk mix is here https://drive.google.com/open?id=0BwX0krsxHncTRUxBVktEdDZHWEk
Once this SoW process is clear. We're going to start with our Decentralized Governance model, i.e. Project proposal, Budget allocation, Funding, Execution.
The video manual about "How to deal on exchanges like Oasis or EtherDelta" could be an example.
-- Cheers, HJ
On Sun, May 28, 2017 at 11:37 PM, Sam Rogers wrote: Hi HJ,
Nice to hear from you.
I can make a video based on the manual, no problem. I just started filling out the "SoW" form but then it asked me to put in the start of the contract and duration, proposal number, etc.
What would you like me to put here?
Cheers, Sam
Sam Rogers Filmmaker samrogers.com.au
Where can you buy this Token or is it OTC? EtherDelta has nothing and Neither does OasisDEX?
I think RHOC is also listed on OasisDEX:
https://oasisdex.com/#trade/W-ETH/RHOC
-- Cheers, HJ
On Fri, Jun 30, 2017 at 2:04 AM, Harlan Robinson notifications@github.com wrote:
Where can you buy this Token or is it OTC? EtherDelta has nothing and Neither does OasisDEX?
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Any progress on getting more trading in RHOC through exchanges.
Hitbtc request submitted Changelly request submitted
Has there been any follow up?
Changelly just got back to me after i followed up again. they have asked for answers to the following:
1) What is your product plan? How you are going to compete with other currencies? 2) Do you have wallets or any other services that could potentially allow instant conversion from bitcoin? How many monthly users do you have? We have an instant exchange API and payment widget that can be integrated into many wallets or other services. 3) Do you have your own blockchain technology? 4) Are you already listed on Poloniex or Bittrex? What is your daily volume.
Install Google Chrome
Install the MetaMask Chrome Extension or the Parity Ethereum Wallet
Install MetaMask
Click "Add to Chrome" to Install MetaMask as Google Chrome extension.
Click "Add Extension" to confirm and MetaMask will be added
Create a new wallet by clicking the MetaMask logo and agree to the MetaMask terms and Conditions
Click "Create a new vault" with a strong password and click "OK"
Metamask will show you your seed. Copy and store those 12 worlds, without them you cannot restore your wallet.
In the upper right corner, change to the "Ethereum Main Net" & fund your account
You will need to be logged into MetaMask to use either Oasis or EtherDelta
Install Parity
Download the installer that corresponds with your operating system
Once installed, Parity will prompt you to install the Google Chrome extension
The first time Parity runs it will open a browser window at http://127.0.0.1:8180 and you will be prompted to create a new Ethereum account. After account setup, the blockchain will need to fully sync before using a decentralized exchange. Ethereum clients use a listener (TCP) port and a discovery (UDP) port, both on 30303 by default. To speed the discovery of nodes, make sure port forwarding for UDP/TCP is enabled on port 30303
Fund your account
Parity must be running (the Chrome extension will be ‘green’) to trade on the decentralized exchange
Oasis Dex
Go to Oasis
Before you trade you will need to "deposit" ETH. Because ETH does not follow the EIP-20 standard the token needs to get 'wrapped' in a special smart contract first to turn it into an EIP-20 token. This is because ETH existed before the EIP-20 standard existed.
Go to wrap/unwrap and wrap ETH to turn it into W-ETH.
Go to Trade and place new orders or trade existing orders by clicking on an open order on the order book to buy/sell into it.
The first time you make a transaction you will be prompted to set your allowance.
The RHOC market is https://oasisdex.com/#trade/W-ETH/RHOC
EtherDelta
Go to EtherDelta
In the Upper left frame titled "Balance" deposit ETH
In the frame below titled "Volume", select the ETH/RHOC Pair
Place Buy or Sell order in the "New Order" Frame
0x OTC
Go to 0x OTC
Place a Buy order by choosing the ERC20 token you want to purchasing by clicking the icon. Choose the option to add "Other ERC20 Token"
Add the token name: RChain
Add the token symbol: RHOC
Add the contract address: 0x168296bb09e24a88805cb9c33356536b980d3fc5
Add the Token decimals: 8
Enter in the amount you want to sell & buy
Sign the transaction hash to place your order
Caveats
I updated the information to include how to use Parity. I also included directions for placing an order on the 0x OTC. I don't know what the trading liquidity is but it may be a platform that will gain traction given the popularity of the ICO.
any moves on this?
The only thing missing on the Bittrex and Bitsquare form is the answer to this question:
If you are an ETH token: Code review - Was a code review performed on your smart contract? Greg Meredith and Adam Scislowicz performed a code review on the smart contract.By whom? Please provide a link or send us a document of the results
On the other hand the volume of trades on EtherDelta and Oasisdex is growing and the rate seems to stabilise around 0.0008 ETH (20170825).
Also with respect to the discussion about the low added value of getting RHOC listed on known exchanges like Bittrex, Poloniex, BitSquare, we might consider that no further effort is needed, meaning: it stays like it is at the moment. RHOC can only be traded on EtherDelta and Oasisdex.
At the moment there's only one entry for budget allocation on this issue #29. However, I think it would be nice to reward @kdvalentine for his time spent on creating a manual for Parity and EtherDelta. So we need two more Activists that make an entry for issue #29. Otherwise it has no budget allocated.
I added a budget too.
Hi @JediJuice Please register as an Activist for RChain through form Activist registration
And please add yourself as collaborator to this rep by reacting on the invite
You could then be rewarded with RHOC for you TIME-participation
I got onto changelly again with a bunch of informaiton. They responded with "Thanks for all your info about your project. Please kindly note we can't list any token without it being listed on Bittrex or Poloniex".
Looks like Bittrex or Poloniex listing is now the high priority. I will follow them up
NB: Bittrex requires an Enhanced Verified Account of team member registered on Bittrex. This team member must be either a core developer or a major shareholder (10% or more) of a company that backs the development of the coin. That member will need to submit identifying documents to get their account Enhanced Verified.
I don't think there's a shareholder that has > 10% Probably a board member has to back the process of registering.
Plz ask this question to all board members
Best, HJ
On 21 Sep 2017, at 01:04, vamvari notifications@github.com wrote:
NB: Bittrex requires an Enhanced Verified Account of team member registered on Bittrex. This team member must be either a core developer or a major shareholder (10% or more) of a company that backs the development of the coin. That member will need to submit identifying documents to get their account Enhanced Verified.
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How about paying a fee to get listed on some exchanges like cryptopia?
May be a good idea. See if you can get some support for this idea.
-- Cheers, HJ
On Mon, Oct 16, 2017 at 9:54 PM, Ojimadu notifications@github.com wrote:
How about paying a fee to get listed on some exchanges like cryptopia?
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Sounds good. What is the fee. Is cryptopia a popular exchange? Hadn't heard of it
On Mon, Oct 16, 2017 at 3:57 PM, HJ Hilbolling notifications@github.com wrote:
May be a good idea. See if you can get some support for this idea.
-- Cheers, HJ
On Mon, Oct 16, 2017 at 9:54 PM, Ojimadu notifications@github.com wrote:
How about paying a fee to get listed on some exchanges like cryptopia?
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-- Jacob Bassiri-Tehrani, MBA (516) 458-7439
The listing on Cryptopia costs 5,000,000 DOT or about BTC 5 USD 25,000 RHOC 125,000 Let's see how we can fund that amount. Any ideas?
Setting a budget for the listing seems to be a way to raise fund for it.
With respect to Hitbtc and probably other exchanges, there's a need for official communicators on:
Who feels like contacting these persons? Which RChain email address and account can be used to moderate these channels? And who feels like doing that moderation?
@lapin7
In regard to reddit, it's going to take some time to control r/RChain, but I believe we secured r/RChain_Cooperative or r/RChain_Official. It'd be nice if someone checked and secured as many of those as possible.
Check "Community Driver" issue and we can add bitcointalk to that list. I believe there are some volunteers so far and will be spending sometime soon on securing these channels, but please help.
In regards to RHOCs listed on exchanges. The co-op has no intention of funding listings on exchanges because of the co-op's position on the RHOC token.
@patrick727 I've got access to /r/RChain. I would like to form a group of members, who would join the moderators collective and to agree on the principles of governance.
On Sun, Oct 29, 2017 at 11:00 PM, patrick727 notifications@github.com wrote:
@lapin7 https://github.com/lapin7
In regard to reddit, it's going to take some time to control r/RChain, but I believe we secured r/RChain_Cooperative or r/RChain_Official. It'd be nice if someone checked and secured as many of those as possible.
Check "Community Driver" issue and we can add bitcointalk to that list. I believe there are some volunteers so far and will be spending sometime soon on securing these channels, but please help.
In regards to RHOCs listed on exchanges. The co-op has no intention of funding listings on exchanges because of the co-op's position on the RHOC token.
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@patrick727 While I understand that the co-op has no intention to fund listings, I feel it will create better visibility for RHOC to have the correct and updated supply / market cap of RHOC updated on Coinmarketcap through this form :
This will require the following information the complete the submission :
Circulating Supply You MUST provide documentation that explains: (1) The initial distribution of coins (2) How many coins are in reserve for the founders, devs, or other purposes with associated addresses Your answer
Total Supply Provide a URL that shows the total supply of coins in real time For example, Dogecoin's total supply of coins can be found at: http://dogechain.info/chain/Dogecoin/q/totalbc. If any burns have occurred, please specify.
Is there anyone who can provide me with the updated numbers from the clarified results of the vote and I could assist with the submission ?
@lapin7 @patrick727 @momchilov
As for Reddit, @derek7272 has secured the r/RChain_Official and a few of us have volunteered to moderate that. I feel that the old /r/RChain subreddit has a lot of FUD from the old Synereo days which we will be better off starting from scratch.
Will be great if we can further this discussion on Issue #115 to coordinate our messaging across the different communication channels.
@Mervyn853 The FUD can only be removed by the moderators. I'm looking for volunteers. Preferably, one working for the project who can provide accurate insight, as part of the /r/RChain
subreddit moderator team.
@Mervyn853 Please update the doc for the Bittrex Submission It has also information about the Private Sale of September. According to my figures the situation is now as follows:
Total | ⍴ 870,663,574 |
---|---|
Burned | ⍴ 129,336,426 |
Treasury RChain.coop | ⍴ 689,700,379 |
Treasury RChain holding | ⍴ 98,015,693 |
In market from Coop | ⍴ 75,963,195 |
In market from Holding | ⍴ 6,984,307 |
@momchilov yes I totally agree. One thing that I agree with is that a co-op director or officer should have the admin control of social accounts. Are you able to do that?
We have some people interested in moderating. Let's check cooperators issue and we can get them started.
There will be rewards for the mods and activists that support the subreddit.
You can add me, and I will help oversee and guide some.
@patrick727 what's your reddit username?
On Tue, Nov 7, 2017 at 4:23 PM, patrick727 notifications@github.com wrote:
@momchilov https://github.com/momchilov yes I totally agree. One thing that I agree with is that a co-op director or officer should have the admin control of social accounts. Are you able to do that?
We have some people interested in moderating. Let's check cooperators issue and we can get them started.
There will be rewards for the mods and activists that support the subreddit.
You can add me, and I will help oversee and guide some.
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The SingularX exchange is now online. You can trade RHOCs: https://ex.singularx.com/exchange/RHOC/ETH Works with Metamask or transfer from wallets.
mail conversation @Mervyn853
Hi Mervyn,
Thanks for going into this. Do you use also the work done on document Bittrex submission? https://docs.google.com/document/d/1x4IU6xfvj9fcB5WMrGTz5OmNfdf_I9vHrl8599akt9M/edit
In fact we don't have to specify Holdings treasury. It can be considered as in Circulation.
(1) The initial distribution of coins
Initial supply 1,000,000,000 Burned 129,336,426 Total supply 870,663,574 Treasury RChain 1 200,000,000 Treasury RChain 2 488,700,379 Total in Treasury 688,700,379 In circulation 181,963,195
(2) How many coins are in reserve for the founders, devs, or other purposes with associated addresses
Cheers, HJ
On Sat, Nov 11, 2017 at 12:49 PM, Mervyn Chng mervynchng@gmail.com wrote:
Hi H J,
I am working on the Coinmarketcap and Bittrex Submission and responding to your comment on the issue cited here https://github.com/rchain /Members/issues/29#issuecomment-342504439
Max Supply 1,000,000,000 https://etherscan.io/token/0x1 68296bb09e24a88805cb9c33356536b980d3fc5 Burned 129,336,426 https://etherscan.io/token/0x1 68296bb09e24a88805cb9c33356536b980d3fc5?a=0x0000000000000000 000000000000000000000000 Total Supply 870,663,574
Treasury RChain.coop 688,700,379 488,700,379 https://etherscan.io/token/0x168296bb09e24a88805cb9c33356536 b980d3fc5?a=0x5a0f67a337d8fafded3fa574e7546b529c96df89 200,000,000 https://etherscan.io/token/0x168296bb09e24a88805cb9c33356536 b980d3fc5?a=0xe17c20292b2f1b0ff887dc32a73c259fae25f03b Treasury RChain holding 97,797,018 https://etherscan.io/token/0x1 68296bb09e24a88805cb9c33356536b980d3fc5?a=0xaf878433563ce95e 50bc2023aafd3aadd56af842 Circulating Supply 84,166,177
These are my numbers taken from Etherscan as of 11/11 and it somewhat differs from the numbers you provided here :
Total⍴ 870,663,574 Burned ⍴ 129,336,426 Treasury RChain.coop ⍴ 689,700,379 Treasury RChain holding ⍴ 98,015,693 In market from Coop ⍴ 75,963,195 In market from Holding ⍴ 6,984,307
Coinmarketcap requires me to provide documentation for the following:
Circulating Supply You MUST provide documentation that explains: (1) The initial distribution of coins (2) How many coins are in reserve for the founders, devs, or other purposes with associated addresses
*Could you assist in providing the documentation for this? I will also require the finalised information about the *Private Sale of September in order to update the Bittrex Submission document.
Thanks!
Best Regards, Mervyn
Hi @lapin7 ,
Thanks for those details and sorry for the late response. I have informed Coinmarketcap of the updated token supply and will update when I hear back from them.
Also will assist to update the Bittrex submission form.
Cheers!
To make it a bit shorter
Description | - | Amount |
---|---|---|
Initial supply | - | 1,000,000,000 |
Burned | - | 129,336,426 |
Total supply | - | 870,663,574 |
Treasury | - | 688,700,379 |
In circulation | - | 181,963,195 |
Alright, just got an update from Coinmarketcap, token total and circulating supply have been updated. Also, managed to get them to update the Medium and Github links for better references / backlinks.
I have also made a submission to cryptocompare pending review.
On the issue of exchange listings, I am discussing with some exchanges that are open to listing without payments.
@patrick727 Are we firm on " no intention of funding listings on exchanges " as I am in discussion with contacts that have links to Bittrex and that will require an additional compliance fee for listing.
I think this might be beneficial to everyone since contractors / members get remunerated in RHOCs and ED seems to have very little liquidity to accept the RHOC sales.
@Mervyn853 Bravo! We would very much like to be on Bittrex so (it's not my decision but) I think we'll make the compliance fee happen.
RHOC is visible on infoproviders about exchanges:
RHOC on current exchanges:
RHOC needs to be on these exchanges: