Tagged With "holders"

Topic

Reputation with NRVE holders

jcalumpit ·
I have brought up this topic a few times in the telegram group and some had agreed to what I was suggesting. I have seen how the reputation mechanics will work. I didn't see holding NRVE on the list. Maybe give more reasons for content creators to hold their NRVE. Not everyone will want to have their own niche. By giving incentives to hold NRVE in your wallet, this will increase the total holders of NRVE. Which will allow the value to grow. As I see it, if content creator won't buy niches,...
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Any more Niche slots for existing holders who have max 5 filled ?

Harj ·
Hi guys/team I just wanted to know if the opportunity might arise when those like me who have filled all 5 slots might be able to buy more slots and bid on niches again, shame existing users can not buy more niches. :( thanks Harj :)
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NTV airdrop for NRVE holders?

Malkazoid ·
Hey, An NRVE holder (Yuan) on Telegram asked whether Narrative will be airdropping NTV to NRVE holders. The answer was: currently the policy is to only airdrop it to ICO participants, to thank us for our support at that important juncture. I think it would be great to airdrop NTV to ICO participants AND NRVE holders. If you want to reward ICO participants, just airdrop more to them, and less to other NRVE holders? That could be a solution. This may not be everyone's sentiment, but personally...
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Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
I think I read all the posts and whitepaper of the narrative platform. I have seen how the reputation mechanics will work. Every Where its written about reputation. But, I didn't find about NRVE tokenomics. What is the benefit of holding a large amount, say like 100,000, of NRVE tokens for the long term? What would be the incentive they get? If NRVE is complete utility token & No value carried by the token then, What is the point to list NRVE token outside of the network, as it will be...
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Re: Reputation with NRVE holders

jcalumpit ·
I get why this is not getting replies now. Read something about the amount of NRVE has no weight at all or no influence on your reputation.
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Re: Reputation with NRVE holders

Gerbino ·
I get what you're saying. I think coming up with as many within the ecosystem ways to encourage holding is the way the Team wants to go. If you could think of some killer ones (other than influencing reputation), I'm sure the Team would be grateful Maybe you could get a discount on NTV purchases using NRVE for example.
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Re: Reputation with NRVE holders

jcalumpit ·
I cant think of any right now but I will tell everyone once somethinc comes up. If ever this gets put up, maybe just a small portion will consist of how much NRVE you are holding. 5-10% weight.
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Re: Reputation with NRVE holders

Emily Barnett ·
Tough one. I get the importance of keeping NRVE in the system. But I also really like that the team is sticking to the principle that reputation is gained by creating great content. I guess the best strategy is for us to get as many people in our outside network to join the platform, so that we increase the critical mass quickly, and entice advertisers. Therefore we continually replenishing the network NRVE tokens.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Buttoni ·
This is my concern also. I cant see how the current system would work in long term :/
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

JC ·
There is also another point. The reward can be received in tokens or fiat currency. It is not clear that another utility will have the token (for the moment). Maybe the team clarifies that point later. But if not, the token will be destined to go to the crypto underworld. The excuse is adoption. The common user is not used to cryptocurrencies and is too lazy to buy btc or ether, then buy neo, after buying the narrative token, etc. You must fight for the crypto adoption. It is a project that...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
Yes mate, @JC , If you are projecting yourself a crypto based company then you should more focus on crypot than fiat. But, My point is, If NRVE token doesn't carry any value except a form credit, then its worthless, No investor will like to invest. There should be a mechanisim that represent NRVE is a appriciating token in longterm.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Quality content is more important than stakeholder-happiness. These tokens will have use-cases, people will want to buy them, advertisers mostly. Even if an advertiser pays in fiat that fiat is converted into NRVE tokens. Every time someone advertises tokens will be purchased. Narrative does not care about your investment, this is a platform focused on revolutionizing the "social media" industry by creating a content economy where users are paid 85% of what the platform generates. Narrative...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
I wish the success of narrative. When you said, Those who don’t know about crypto will use and earn, you Made a assumptions. See, when you raised fund through crypto, you projected it a crypto platform. Without rigorous marketing, writers outside of crypto community are not gonna join soon. I believe, Narrative is way more superior than steemit in terms of content handling. But, if steemit add the ads then I think Narrative will atleast take 5yrs to just level the ad revenue. Steemit got...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Based on everything you have said it is safe to assume that 1) you know very little about the world of blogging and 2) you don't understand the potential this platform possesses. The average high-quality blogger makes next to no money at all. They tend to blog as a hobby and any tiny amount of money they are able to earn is something extra. These people will have their lives changed on Narrative. This will be a dream come true for them. Narrative won't be marketed as a "cryptocurrency social...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

JC ·
Please !! I also want the success of this platform. But you have to be realistic Not being a blind fanatic Millions of bloggers are not going to arrive overnight. There is competition and there is much more competition. They are not platforms exactly like Narrative. But they are platforms that compete for the market of content generators. Sapien Networ, Ono, Whaleshares, Ezira, Steemit, Appics, Sola. etc some that come quickly to my mind. Come the SMT (Smart medfia Token) of the steem...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
@JC , Well Said, I second you.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Actually it is not well said and I will explain why. 1) I never said anything would happen overnight 2) Not one of those "competitors" are a competitor at all, most are not even focused on the same market. Not all "social" platforms are the same. Narrative is the only platform that is open to both crypto + non-crypto users, a platform for everyone. Bloggers are only the first group being targeted and of course they will come here, they will want to earn money. On Steemit the stakeholder's...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
Dear, From all your answer, It looks like you are completely biased. Yes, Both social media is different. Like, Facebook & Twitter are different. But they are in one industry, i.e., social media. Likewise, All the other platforms stated by @JC are different from one another, But they are in the same industry. You know, Twitter made its 1st profit quarter in Q4, 2017, 12yr after it was founded. There is no need to tell since when Facebook became a profitable company. ```Bloggers are only...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Yes all social media platforms are in the same industry, that statement has no meaning in the context it was being used in. A blogging platform is different from Facebook (example) it does not matter if these two platforms are in the same industry they are completely different from one another. McDonald's and Taco Bell are both in the food industry, yet they are not competitors because each restaurant offers a different selection of food. Make sense? Why are you comparing Twitter to a social...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Jatin Kumar Hota ·
Just make you right, I compared Twitter with Facebook, not with Narrative. You didn't read the whitepaper, if you did then didn't read carefully. I said, content creator will get 60%. 85% of the rewards will given back to users, It doesn't mean the creator, Make your fact right, Cause there are, Niche Owner, Mods, Trbunal, curator also take their %. Narrative Company take straight 15%. Still in doubt? here is a screenshot from white paper. Nothing Personal, You said me a speculative investor...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
You are right, 85% is what will be distributed to the community. Content creators receive 60% and that's great. What other platform offers that? Quality content creators will be rewarded here. Your point was "why would bloggers care to post on Narrative when they can earn more on their own website?" and the reality is it's literally impossible to earn more on a website alone. If you post on a website + Narrative you will be earning "more". It will be much easier to earn on Narrative than...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Fabiana Cecin ·
Steemit was mentioned here. Forget about Steemit. Steemit and all other "blockchain crypto-posting" sites are garbage. The competition is Medium, which is the #1 platform for writers. If you can do what Medium does UX wise or better, you win, because you give users the possibility of earning crypto. Medium doesn't do that and that's where it can be overtaken. Medium promotes the "best writers," and forgets about 99% of the user base. You don't even see the stories of people you follow in...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Michael ·
Why would you first invest $7,000 worth of $NRVE, and then come to the community forum to ask non-investors what the advantage is of holding your investment long-term? Wouldn't an investor usually ask these questions BEFORE they invest large amounts in a project? Wouldn't an investor ask the advice of real investors? If you're having trouble understanding the valuation model of what you're investing in, I would strongly recommend staying away from investing in digital assets. Cheers!
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
There won`t be any stakeholder happiness without quality content. Still Narrative took investments in the token fully aware that people are investing because they believe in the project and want to make some gains. If you pay 25 cents for something and only a couple of months later this has turned into 3 cents, no investor will be happy. Apart from that, your quality content creators will be paid with the same token. There will only be an incentive to create quality content, if the token has...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
The point I think Jatin is trying to make is keeping investors happy will support the aim, to make Narrative attractive for creators of quality content. Narrative was my first time I got the impression of a hostile reception for investors when getting in touch with the team or other community members. I was insulted as a presale cheat but now have paid significantly more than any founder in NRVE tokens as I had to wait many months to be able to purchase niches. If the team has a negative...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
The token value is irrelevant to content creators. The token value does not really effect the ad-revenue that is generated. Content creators receive 60% of all ad-revenue. The platform is not reliant on token distribution, if you wish to be paid in Fiat you are able to do so. The token value can be $0.50 or it can be $50.00 it will make no difference in 2019 when the platform is completed.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Heidi Hecht ·
To be honest, I wouldn't have bought five niches if I didn't think Narrative had potential. I think there might be something to be said for getting on something like Coinpayments.net in case someone maxes out on niches and doesn't want to dump their "extra" NRVE at a lower price than they bought it on an exchange, but might be OK with buying honey or something with it. It's on us to promote Narrative so that the token has some value, or at least a fair amount of liquidity. I already have two...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
The price of NRVE has plenty of room for growth. I don't believe it is worth it to buy a niche today. If you hold onto your tokens you will be able to buy niche's for fractions of what they cost today. However, you risk losing the one's you want. I plan to pick and choose the top Niche's in the future and I will submit offers. Use-cases can be created for any token. The Narrative platform is only one. Someone can create an ecommerce platform and have it be connected to Narrative. (example) I...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
lol 100 USD. I think like 5 USD would put in en par with Steem. Don´t get me wrong. I see a good potential for Narrative even though I have not been happy with all decision so far.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
NRVE has a limited supply of 197.5 Million tokens, it will take 30 years to reach that full amount. The supply is not very large. It's less than the Steem supply and carries with it no inflation. My $100.00 price prediction is a conservative prediction. If there were 100 Million NRVE in circulation the market cap would need to be $10,000,000,000. I believe NRVE will surpass that evaluation quite easily based on the white paper. This is a social platform designed for mass adoption. Whether...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
Well that would be double the market cap of EOS. As an initial step would be delighted if Narrative gets enough traction to catch up to Steem. I believe in the potential of the platform though. See how good the team is with getting leading content creators on board. The weak spot for me is the token although there has been progress on the topic of exchanges. Still in my opinion not enough beeing done to show that the team sees the token as vital to the ecosystem. Blackholing tokens would...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Who cares about exchanges unless you are worried about seeing a quick profit.. You don't know what you are talking about, at all. The most popular social media platforms pay their users nothing. Being able to earn is a bonus, millions of bloggers create content every day for free. The token price does not directly impact earnings. The rewards pool directly impacts earnings. Advertising revenue directly impacts earnings. Generating revenue is the only problem to solve and as I said, Narrative...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
What are you talking about? Being able to earn is one of this platforms USPs. At this stage telling someone that exchanges are about making a quick profit is nonsense. Exchanges give visibility and access to people who have NRVE or are able to buy NRVE but do not have the possibility to pay by credit card. As you are so smart, kindly explain to me what makes narrative world changing for bloggers. Also kindly enlighten me, who you see as the main competitors for narrative. Your whole...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Who cares about an exchange when Narrative does not even launch for a few more months? The advertising platform does not launch until 2019. The token is almost irrelevant until the platform launches. No one cares about Narrative yet so to get listed on exchanges they will make the Narrative team pay for it. If NRVE was on Binance (example) no one would care. 1) Narrative is world changing for bloggers because it will be the first platform that pays it's users. There are many bloggers in the...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
Who cares about an exchange when Narrative does not even launch for a few more months? People who do not have a credit card but want to buy a niche will care. Only because you as spoiled first worlder has a credit card does not mean everyone has one. Being as 60% of the platform revenue is distributed to content creators this will be a very attractive platform to be apart of. Only true if Narrative can attract enough people in general and gets enough traction in the early stages. I only...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
You don't need a credit card for niche's it is easy to obtain NRVE on multiple trading exchanges. The main exchange being LA Token https://wallet.latoken.com/market/Crypto/ETH/NRVE-ETH Trade Ethereum for NRVE It won't be difficult to attract users once the platform is released. I imagine the quality alone will be enough to attract bloggers. Being able to earn money is a bonus. There is no other platform that is able to compete. Narrative is for everyone, not only cryptocurrency investors.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
Cara no offense intended but I doubt you are in a position to educate me about exchanges. Latoken is better than nothing but surely not a final solution on that topic. Of all people who use crypto only a tiny % is registered with this exchange. Latoken has 750K monthly visitors and Binance has 36 million monthly visitors. Also there is no volume on Latoken. The one positive about that listing is the ETH trading pair as regular niche buyers may not be able or willing to buy neo and use...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
You are not saying anything you are only trying to. I brought up the exchange LA Token because you said that not everyone has a credit card to buy a Niche and I told you a credit card is not needed, simple. I know how much larger Binance is. As has been shown, I have a much greater understanding and possess more knowledge regarding blockchain technology than you do. To be fair, I doubt you have spent as much time as me and you don't come from a family with investment bankers most likely, so...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

JC ·
There is a saying that says: Tell me what you presume and tell you what you lack. What I see is fanaticism in its purest form. You come from the future and you saw that Narrative is the most successful app in the world.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
It's called having vision.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

JC ·
Oh yeah! Just as you had vision promoting ponzi shitcoins like Regalcoin, Hextracoin and westerncoin !!! omg! Did you get a profit from the poor referred? If you know both blockchain and cryptocurrencies because you promoted those ponzi shitcoins? Why did you delete your YouTube channel? mmmm oh o.k that's having vision okay
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Yeah I didn't care so much to be honest. It was interesting to see how stupid the average investor is. And yep, profit.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
Sounds completely opportunistic and disgusting to be honest. And arrogant..
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

projenix ·
I am glad more people are reaching the same conclusions as myself, I hope this will help channel energy into fixing this problem. I had said in the past that the tokenomics of the NRVE were fundamentally flawed and had suggested a few options how this may be fixed but nothing was done on that front and for all I know the team completely ignored this critical piece of feedback. One of the biggest tokenomics mistakes that were done on NRVE (for example) is that collected NRVE from niche sales...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Heidi Hecht ·
PROJENIX , maybe I'm being dense, but I'm not seeing what's wrong with having a pool of funds for rewards/marketing/contingency fund? I could maybe see where there might be a problem if the team planned on dumping their token holdings all at once, but that gets balanced out by having a slush fund they can use for things like future development and marketing. The problem I see with a lot of blockchain projects, or at least projects that have a token, is that they never seem to have any...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
Cara sometimes assumes all others know very little. Since when do quality bloggers make no money at all? Surely attracting quality content creators is part of a possible success for Narrative in the future. I think the team is on top of that. People like earning money I agree. Still the value of NRVE will supposedly be purely achieved by a network effect. I do understand that it is important that Narravtive is seen as a utility token and not a security as you have the SEC and the US is a...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Holla ·
One of the biggest tokenomics mistakes that were done on NRVE (for example) is that collected NRVE from niche sales is added to the reward pool instead of being burnt. It is unclear why anyone would think that these funds to should go to a reward pool (reward for what?) but the only correct thing to do with this imho is burn em all . I would actually agree to that. If a regular burning of tokens is generated it would help stabilise the token price without doing harm to anyone. If you want...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Malkazoid ·
Just quick thought on this. The rewards pool is central to the content economy, and any token burn from that pool would provide precisely the wrong optics in my view. Even if it is just a small percentage of tokens that get burned, the message is still: "we're burning some of your rewards". I don't think that can be spun positively after months of touting the rewards system percentages. I DO agree that a token burn would be desirable, and here the optics are very favourable insofar as even a...
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

cara ·
Cryptocurrency investors have massive ego's, the reality is this: NO ONE CARES ABOUT YOUR INVESTMENT. We do not need a token burn, we need a functional platform that replaces all other blogging platforms. Advertisers will follow.
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Re: Whats The benefit of Holding lots of NRVE Token Long Term?

Malkazoid ·
If I'm mistaken, I apologise, but you're coming across a little hostile. Everyone here knows we need a functional platform that is appealing. That is irrelevant to the topic of a token burn, which is a legitimate topic of discussion. You think that optics of the economics leading into the launch of the platform are meaningless? Fine - I think you've made that quite clear. Meanwhile, those who disagree with you might want to continue discussing it. The fact is, the sum total of NRVE being...
 
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