Update: Scheduled Maintenance (July 9) is Complete and June Rewards Distributed!!

Product: Narrative

On Tuesday, July 9 from 10-11AM Eastern Time, we will push out a maintenance release for Narrative. The site will be down for a short period (approximately 15 minutes) of time during that timeframe.  This release is all backend work and you will not see any changes (no new features) on the platform itself when it comes back up.

Following the maintenance release and later in the same day,  we expect to  payout and distribute the June rewards.  Please note that redemptions will still not be supported.  We expect to support redemptions sometime NEXT WEEK (the week of July 15-19).  

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UPDATE AT 10:20AM ET. The maintenance release is complete.  User/member rewards pages may be temporarily unavailable as we fix a bug in the platform today. We still expect June Rewards to be distributed today. We will update the community later when the rewards are distributed. 

UPDATE AT 3:45 PM ET:  Quick update. We believe we have a path forward on a bug in the platform now. It is impacting Rewards pages only.  We will deploy a fix and then initiate the payments in a couple of hours. We do not expect any downtime. 

UPDATE AT 9:30PM ET: The bug was fixed and rewards are processing! Remember, the first payout covered both April and May. For June, we distributed 1,288,770 NRVE!

Original Post

Activity Stream

Robert Nicholson posted:

How exactly is redemption going to work?  Do we need to have a switcheo or latoken account?  

From what I understand (and correct me if I'm wrong) when need a NEO wallet to transfer our NRVE to for safe keeping, minus anything we want to stake, and then we can choose an exchange like Switcheo or LATOKEN to turn the NRVE into ETH or BTC in order to sell it for fiat, our local currency.

Gosia Rokicka posted:

Once redemptions are supported, will we be able to pay for niches directly from our wallet on the platform?

Hey @Gosia Rokicka - last thing I read about this was that it would not be supported straight away.  So you'd have to withdraw your NRVE to your Neon wallet (or equivalent), and then pay for your niche from there.  I can walk you through it when the time comes.

Christina Gleason posted:
Robert Nicholson posted:

How exactly is redemption going to work?  Do we need to have a switcheo or latoken account?  

From what I understand (and correct me if I'm wrong) when need a NEO wallet to transfer our NRVE to for safe keeping, minus anything we want to stake, and then we can choose an exchange like Switcheo or LATOKEN to turn the NRVE into ETH or BTC in order to sell it for fiat, our local currency.

Keep in mind though, that turning NRVE into fiat won't be as easy as it may seem right now. There aren't many people willing to buy NRVE. There is little incentive to do so aside from buying niches which is only of interest to a relatively small group of people.

Nevertheless, it'll be interesting to see what'll happen to the NRVE price once redemptions start. 

@Gosia Rokicka.  Malkazoid is correct. You won't be able to pay for a Niche yet with your rewards directly when Redemption is launched next week. You will need to transfer the NRVE to a wallet when Redemption is ready. Then when you win a Niche on the auction, you will just provide the public Wallet address. There is an FAQ for how to set up a wallet already..but we will put one together for "Can I buy a Niche with My Rewards?" that can walk you through this when Redemption is available next week.  I will add it to the list of things to do for the release. 

Thanks @MOLLY O and @Malkazoid. I think I'll wait for the functionality to become available. I'm not in any hurry to buy niches, I plan to stake on the platform and I 100% agree with @Former Member that we need more use of the token to boost its value. And paying for niches with it is the most basic and obvious use This functionality is planned down the road, right?

@Serroc, I have the same error but I guess it's expected, and they're already working on it. Last update from @MOLLY O was:

"User/member rewards pages may be temporarily unavailable as we fix a bug in the platform today. We still expect June Rewards to be distributed today. We will update the community later when the rewards are distributed."

Yes, we will be deploying the fix in a couple of hours.  Please see the updates to the announcement.

UPDATE AT 3:45 PM ET: 

 Quick update. We believe we have a path forward on a bug in the platform now. It is impacting Rewards pages only.  We will deploy a fix and then initiate the payments in a couple of hours. We do not expect any downtime. 

We will post a further update once it is completed.

David Dreezer posted:

Yes, we will be deploying the fix in a couple of hours.  Please see the updates to the announcement.

UPDATE AT 3:45 PM ET: 

 Quick update. We believe we have a path forward on a bug in the platform now. It is impacting Rewards pages only.  We will deploy a fix and then initiate the payments in a couple of hours. We do not expect any downtime. 

We will post a further update once it is completed.

Good effort. That is commendable.

Robert Nicholson posted:

How exactly is redemption going to work?  Do we need to have a switcheo or latoken account?  

I think you'll need a NEO wallet, unless the staff says otherwise?

Also remember that LAToken announced in June: According to LATOKEN Terms of Use, LATOKEN currently may restrict trading activity for investors (including residents and citizens, or through agency or representation) in the following jurisdictions: United States, Canada, UK,
Australia, France, South Africa, New Zealand, Japan, People’s Republic of China, Singapore,
South Korea, Israel, Cayman Islands. 

I'm buying on Switcheo!  Bilaxy will have better liquidity, but I want to boost Switcheo's liquidity with my trades because I think they are the better exchange.  You'll probably fare better than me @Former Member!

Finnian posted:

I had seen that before, and it was too steep of a learning curve for me.  I went the easier route of Bilaxy.  I'll take a second look at the process soon because I want to be able to buy NRVE in more than one place to better increase my holdings.

Hey - I'm happy to do a video call where I share my screen with you - I can walk you through it.  We could then share the video with the community: might help some other folks.  If you're up for it, just hit me up on the Discord.

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