Redemptions Release COMPLETE!

Service: Narrative

We have a slight delay getting the Redemptions Release out this week. After a QA cycle, we decided to make improvements that will require some additional development time.  We now plan to roll out the release on Monday, July 22 at 11am Eastern Time.  At that time, you can expect the Narrative site to be unavailable for up to an hour as we push out the release.  

When the software release is complete, Narrative_HQ will publish a new post in  Narrative that describes the Redemption release and process.  There will also be new FAQs uploaded on this site at that time. 

Beyond the ability to Redeem your Narrative credits, we have bundled in a few other things in this release.  This includes locking the NRVE-USD exchange rate at the start of an auction.  We've also added a new two phase verification for resetting your email. This is added protection on member accounts.

I will update this post on Monday as we go through the process of implementation.  

10:55AM ET UPDATE: The release will be deploying shortly!

11:05 ET UPDATE: Release is deploying an site is temporarily down

11:15AM ET UPDATE: RELEASE IS DONE!

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excellent information,
but it remains an event that
today has a high probability
of occurrence: the massive
sale on exchange of the token,
caused by a lack of
understanding on the
possibilities of use for users
beyond the purchase of niches.
this evente will lead to a
significant decrease in the
economic value of the token
and therefore a lack of
motivation in users to write
quality posts due to the low
gain calculated with an
algorithm that I imagine
takes into consideration the
ratio between score obtained
and NRVE (1: 1) and which does
not evaluate the value in $
of the output. If we consider
that people today could earn
NRVE 500 for a post that
$ 0.0001 per token is $ 0.05,
I don't think it's incentivized.
it's true they are 5 cents,
but how much of your time did
you occupy if that post is
qualitatively valid? this is not a criticism,
but an entrepreneurial
and managerial concern.
the token must have multiple
uses already determined before
release.
moreover it would be useful
another exchange to favor the
users, in consideration that
bilaxy (bigger exchange) uses
centesimal bots and makes the
token purchases difficult.
users have proposed the staking
of the token in various posts,
the possibility of using them
to get discounts on online stores,
etc. there are millions of use
cases. please, the user is the
first customer.
a hug, dotman :)
Dotman posted:
excellent information,
but it remains an event that
today has a high probability
of occurrence: the massive
sale on exchange of the token,
caused by a lack of
understanding on the
possibilities of use for users
beyond the purchase of niches.
this evente will lead to a
significant decrease in the
economic value of the token
and therefore a lack of
motivation in users to write
quality posts due to the low
gain calculated with an
algorithm that I imagine
takes into consideration the
ratio between score obtained
and NRVE (1: 1) and which does
not evaluate the value in $
of the output. If we consider
that people today could earn
NRVE 500 for a post that
$ 0.0001 per token is $ 0.05,
I don't think it's incentivized.
it's true they are 5 cents,
but how much of your time did
you occupy if that post is
qualitatively valid? this is not a criticism,
but an entrepreneurial
and managerial concern.
the token must have multiple
uses already determined before
release.
moreover it would be useful
another exchange to favor the
users, in consideration that
bilaxy (bigger exchange) uses
centesimal bots and makes the
token purchases difficult.
users have proposed the staking
of the token in various posts,
the possibility of using them
to get discounts on online stores,
etc. there are millions of use
cases. please, the user is the
first customer.
a hug, dotman :)

Currently people are writing ideas in Narrative Community niche, on how to increase the value of NRVE.  I had an idea today and welcome your feedback dotman since you seem you could understand the technology aspect of it?

https://www.narrative.org/post...tize-the-secret-data

There are some other ideas in the Narrative Community niche as well lately.  

Very cool. I notice that there is a two-day hold on actual redemption, though? This'll be great in case some jerkoff thinks he can sit down at someone else's laptop and steal their NRVE earnings, though. Could see that happening. (Plus, PLEASE don't try to do anything serious with your NRVE on a public computer and remember to log out if you logged into it on a computer at your local library. Because security.)

Heidi Hecht posted:

Very cool. I notice that there is a two-day hold on actual redemption, though? This'll be great in case some jerkoff thinks he can sit down at someone else's laptop and steal their NRVE earnings, though. Could see that happening. (Plus, PLEASE don't try to do anything serious with your NRVE on a public computer and remember to log out if you logged into it on a computer at your local library. Because security.)

Yes, you are correct @Heidi Hecht.  There is also more security around changing your email address for the same reasons.  Good reminders to everyone about public computers 

MOLLY O posted:
Heidi Hecht posted:

Very cool. I notice that there is a two-day hold on actual redemption, though? This'll be great in case some jerkoff thinks he can sit down at someone else's laptop and steal their NRVE earnings, though. Could see that happening. (Plus, PLEASE don't try to do anything serious with your NRVE on a public computer and remember to log out if you logged into it on a computer at your local library. Because security.)

Yes, you are correct @Heidi Hecht.  There is also more security around changing your email address for the same reasons.  Good reminders to everyone about public computers 

You're right...The main reason I quit Bitcointalk was that hackers could steal your account by hacking it and changing the associated email address without Bitcointalk confirming the change with the account owner. Very annoying when you've built up the account to making it actually worth something.

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