Tagged With "USD"

Topic

How could blockchain technology change the world?

Condes777 ·
I think that if you are here it is because the blockchain technology has been a part of your life, come and animate to share content and experiences in the positive way that could change the world.
Topic

I Won The Rap Niche Auction

JerrodBelcher ·
How do I pay? And how much is the niche NRVE in USD? I'm really after that Rap niche.
Question

has the lock on USD price for niche bidding been intorduced yet?

Gosia Rokicka ·
Hello, some time ago I had an issue (and I wasn't the only one) with an inability to pay for an auction I won due to the skyrocketing USD price which I expected to be fixed at 75 USD (+15% commission) if I was the only bidder (which I was). I purchased one niche thanks to generous help from @Malkazoid but skipped the other payment (receiving a rep hit and 24 hr ban on Narrative). I think I'm proving to be a decent niche owner and I'm interested in purchasing some other...
Issue

The USD price for a Niche

VC Nickels ·
So, I won my Niche auction at 5,351.03 NRVE which is about 55 bucks, give or take. I know you post it some place that if we don't *want* to by NRVE we can pay a fee of $75 via PayPal. Then, also posted someplace, you charge a 15% "convenience fee" taking it up to $86.25. I do a goodly amount of business through PayPal and I'm not unfamiliar with their fee schedule. I know they charge a percentage, everyone's got their hand out after all. And I'm sure that you've got some ACH/EFT stuff...
Suggestion

Certification Fee

ericnovak ·
Hey guys, I was wondering if there was going to be an option to pay the certification fee in NRVE, since that's the token that this community is built on. Kinda' confused as to why it's being requested in USD. I'd love more thoughts on this subject
Reply

Re: I Won The Rap Niche Auction

David Dreezer ·
The cost of NRVE goes up and down, pretty much hourly, but all of the Niche auctions start at the equivalent of $75 US. we have a bunch of FAQ entries that should help you to make your purchase. I won a Niche and now how do I purchase? How do I buy NRVE? How do I know how much ETH to convert to NRVE for a Niche that I've won? Currently the option to purchase using a credit card is unavailable. We do not yet have an ETA on when that option will be restored.
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Re: I Won The Rap Niche Auction

Malkazoid ·
@David Dreezer - I don't want to speak out of turn because I don't know the details of the suspension of the deadline for paying for niches due to the credit card processing being offline... but can you provide some details to @JerrodBelcher about this? The reason I mention this is that if you can remove the pressure of the payment deadline - he may opt to just wait for the credit card processing to return. Personally, I think this is important because forcing people to deal with buying NRVE...
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Re: I Won The Rap Niche Auction

JerrodBelcher ·
I agree @Malkazoid
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Re: I Won The Rap Niche Auction

JerrodBelcher ·
Although, I'm learning the procedure by the guidelines that were sent out paying by cc would be good too.
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Re: I Won The Rap Niche Auction

MOLLY O ·
@Malkazoid and @JerrodBelcher . No guarantees, but the "plan" is to have the credit card processing back up early next week. Hope that helps provide a bit more clarity.
Reply

Re: Certification Fee

Emily Barnett ·
Agreed. This would give people coming from countries like Venezuela a chance to increase there reputation with their actual earnings, where as coming up with USD, for this type of thing, nearly impossible.
Reply

Re: Certification Fee

Ted ·
These fees do not go to Narrative Rewards. Rather, they cover our own costs for processing the applications. Since nearly all of our associated costs require USD, it's actually more expensive/time-consuming for us to collect NRVE and then convert to USD. That said, there may be an option to pay in NRVE in the future, and certainly we are all for increasing usage of NRVE in general. It's just more expeditious at this point to keep it simple by supporting credit card, paypal, and Venmo.
Reply

Re: Certification Fee

Stever82 ·
As a user that has purchased 2 niches I don’t like this roll out at all. The email was not clear this would cost money. You are only giving us one way to pay and it is not a user friendly way for many of us. The whole we are only charging you to cover their fee seems fake when you have a it cost 10 now and 15 later. Why does their fee go up later? 30% is a large part to connect it a fee. Seems like you are buying rep. Also forcing us to do this to be a moderator puts me at a spot that if no...
Reply

Re: Certification Fee

Ted ·
We've made it clear in our spec from day one that there would be a fee associated with certification. In terms of the fee... it is simply discounted until we launch the beta, when the normal rate of $15 will apply. To be clear, certification is definitely optional. You are not obligated to become certified at all. There are certainly perks associated with becoming certified, but IMO that makes sense. With many networks filled with bots, we want Narrative to reflect quality. Certification at...
Reply

Re: Certification Fee

Malkazoid ·
So I want to try to tease apart two things here. On the one hand, we have the mechanics of certifying people: from the perspective of the Narrative Team, there is the practical requirement to verify that as many people as possible are real people, and there is a cost attached to doing so. I don't find it shocking that the cost has to be passed on to us, although I do think @Stever82 has a point about about the $10 - $15 jump. (Unless the true cost of the process is $15, and the Narrative...
Reply

Re: Certification Fee

Slaz ·
I think the process should at least state what Narratives exact costs are for each certification request, to ensure people that all they’re paying for is to cover these costs, and nothing more. Transparency is a defining factor in Narratives concept, and if people suspect money is being made by the certification process, it might cause bad taste. I don’t really care about that myself, but I expect at least some users to mind post-beta.
Reply

Re: Certification Fee

Malkazoid ·
That was exactly my thinking too.
Reply

Re: Certification Fee

Ted ·
The fee reflects all of the costs associated with processing these certifications- including third party processor fees (what Onfido charges us to perform the checks), our own time in manually reviewing each submission (yes, a real human on our team is also performing a check each time), development and maintenance of our back-end systems for the certification process, and development and maintenance of the payment systems (including accounting, handling of chargebacks, etc.) used for the...
Reply

Re: Certification Fee

Emily Barnett ·
I made this point in another post today. Transparency and being on your toes for p.r. messaging is so important for the Narrative team to take. I believe this is an area that the team should be concerning themselves with more. @Ted stating that the fees are clearly laid out in the specifications after people have had a reaction, isn't really a great Public Relations strategy. Not everybody reads the specs, and especially not with a fine tooth comb. The messaging needs to be repetitive, and...
Reply

Re: Certification Fee

ericnovak ·
Yeah, I mean, I'm not super concerned about paying the fee– I'd love to be verified and support the company. I didn't mean to open a can of worms, but the option to pay with NRVE seems like a no-brainer, especially since that's a goal that people can work up to with their own earnings.
Reply

Re: Certification Fee

JC ·
To raise the funds in the ICo if they accepted crypto. For the madness of paying to be certified, No! They do not want crypto. Very expensive and slow! OMG. Hahaha how to expect a dopcion of the crypts, if a company that raised its funds from an ICO, says that for them it is more expensive and difficult to accept their own token and then change it to dollars.
Reply

Re: has the lock on USD price for niche bidding been intorduced yet?

Drixx Madison ·
Until the price lock is in place, just buy NRVE when the price is lower in general then use it as needed to by niches in the future. You'll actually save money.
Reply

Re: has the lock on USD price for niche bidding been intorduced yet?

Colleen Ryer ·
@Drixx Madison Great suggestion for the crypto-savvy. Many pay by fiat to avoid dealing with exchanges, so fluctuations in the price of nrve can really affect the final price, so they wait for the lock to be put in place.
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Re: has the lock on USD price for niche bidding been intorduced yet?

MOLLY O ·
@Gosia Rokicka This will be in the redemption release on Monday.
Reply

Re: has the lock on USD price for niche bidding been intorduced yet?

David Dreezer ·
https://www.narrative.org/post...locking-for-auctions
Reply

Re: How could blockchain technology change the world?

frenchinho ·
Do you know Andreas Antonopoulos? He's what we could call a "blockchain evangelist" and I really like the vision he has about it. You can find his talks on his youtube channel .
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Re: Certification Fee

Colleen Ryer ·
Not being able to pay for certification in NRVE is a definite barrier unless more alternative payment methods become available . I really hope the team is considering more options
Reply

Re: Certification Fee

Malkazoid ·
Maybe the Team will wait to see how volatile the price of NRVE is, before deciding on this. They have to pay the third party processor in fiat... so it would be a dicey proposition unless NRVE proves to be quite stable after launch. It would be great for users to be able to use NRVE - and I'm sure it would increase the number of people who certify.
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Re: Certification Fee

Colleen Ryer ·
And to have options other than credit card, too. I'm sure I'm not going to be the only one locked out of certifying as things stand.
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Re: has the lock on USD price for niche bidding been intorduced yet?

Christina Gleason ·
I would like to know the answer to this, too, because I lost rep when I could not afford to pay the outrageous fiat price, and there wasn't enough time to buy ETH and wait the ridiculous amount of time Coinbase holds it before I could send it offsite to buy NRVE.
Reply

Re: has the lock on USD price for niche bidding been intorduced yet?

MOLLY O ·
Not yet. We will let you know when it goes live.
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Re: has the lock on USD price for niche bidding been intorduced yet?

Bashar Abdullah ·
Same. As price of NRVE is very low now, I won't bid on new niche and risk paying 3 times the price if it bounces back up again soon.
Reply

Re: has the lock on USD price for niche bidding been intorduced yet?

Colleen Ryer ·
New members are buying niches and at least some are paying a lot more than $75 USD when they don't even have to bid against someone. Also, it isn't clear how buying niches works when one has enough nrve on hand before bidding - is there still the long waiting period, even though it isn't needed?
Reply

Re: How could blockchain technology change the world?

Harj ·
Thank you Condes777 and congrats on founder status! Yep blockchain has done just that! and Narrative has just enhanced the whole experiance. this is a great time to be in the crypto world with start ups like Narrative going to change the landscape!
Reply

Re: How could blockchain technology change the world?

Condes777 ·
thanks for taking time to write @Harj , the blockchain technology will change the world in many areas, but I liked that it could eradicate the corruption of the states if it were to be implemented. It would be wonderful to see a world where everything is done with transparency.
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Re: How could blockchain technology change the world?

mrgoodsett ·
Blockchain has definitely changed my life, I spend a great deal of time now researching the technology and looking for new opportunities in Crypto. @CONDES777 Congrats on founder status!!!
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Re: How could blockchain technology change the world?

Dias Flac ·
I actually added learning about blockchain to my growth plan at work so that they can send me to conferences so I can learn about it more and find out how we can use it in our business.
Reply

Re: How could blockchain technology change the world?

Condes777 ·
thanks to everyone for their contributions, this technology is definitely wonderful, I currently spend a lot of time in my life to the deeper knowledge of this technology, which has really changed my life and that of many, it is in the hands of each user to put a grain of sand in the growth and expansion of knowledge of this. congratulations to everyone for being on the right track at the right time. NOTE. If you find flaws in my spelling, I want to confess that my native language is...
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Re: How could blockchain technology change the world?

mrgoodsett ·
@Condes777 No problem about the flaws, many times a person's flaws are what I enjoy most about that person.
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Re: How could blockchain technology change the world?

Harj ·
Condes no worries about your spelling bro btw im going to be following all of you great guys! but about blockchain it is by far the invention of the century and I dont say that lightly it gives for the first time the average person the power to say this is mine and this is the proof that it is! that is amazing never in history has man ever had the ability to say that with out someone taking if from you! Even with gold which you would say is the same but remember this! Executive Order 6102!
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Re: How could blockchain technology change the world?

andrew pshelensky ·
Its amazing how blockchain and crypto blew up in 2017. Prior to this most people thought that Bitcoin was for drug dealers and assassins. Every time someone finds out that i research and invest in crypto they have a million questions. Some friends that only believe in cash, they don't keep money in banks, or have credit cards. Starting to look into crypto and the benefits that are coming out from blockchain technology. I believe that blockchain will reinvent the world and how we look at...
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Re: How could blockchain technology change the world?

Condes777 ·
hello guys, for me and I think that for many, the blockchain technology has become the most deeply rooted thought in daily life, in 2017 the blindfold has been removed, because I discovered that the chain of blocks is not simply a currency, is a fair and transparent tool, which could make humanity a fairer place. for example. In Latin America there is a lot of vote buying in presidential elections, this is because they take advantage of the ignorance and need of the people, but we could...
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Re: The USD price for a Niche

MOLLY O ·
For the record, we collected a lot less than the minimum price for a majority of Niches. That said, locking down the price to USD with opening bid is coming in the next release.
Reply

Re: The USD price for a Niche

VC Nickels ·
I'm not sure what you mean, really. Niche purchase will be a fixed price in USD across the board? No more fiddling with NRVE? Regardless, if you want to use and back your own crypto, that's fine. Let us do it from the Narrative site though and not have to go through intermediaries. If you can set it up to be X in USD on PayPal I'm reasonably confident you could do something similar in NRVE while allowing people to pay in USD. Something like that anyway. My issue is that the crypto sites that...
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