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pharesim

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2% sale
« on: May 02, 2014, 08:51:32 pm »


Sale starts on 2014-05-04



Introduction

On March 31 a small group of dedicated individuals decided that they wanted to create their own crypto currency, NeXT Horizon (NHZ). The goal and vision of NeXT Horizon is simple, create a solid peer-to-peer network that consists of a strong and diversified core network with total anonymization of IP-traffic as well as encryption between peers. This will be achieved by the creation of a strong community who are rewarded for their help with the establishment, growth and acceptance of NeXT Horizon, for example by running public hallmarked NHZ nodes to secure the network.

NeXT Horizon is a fork of NXT and as such will continue to integrate relevant advances from its sister currency while adding and contributing its own enhancements some of which maybe will find their way into NXT.


Proof Of Bounty

You are only as strong as the support you receive from your community. By this we are saying that with the help of dedicated individuals we can accomplish great things. People that help NeXT Horizon with any type of work that is positive for establishment, growth and acceptance will be rewarded. This work can consist of design, marketing, development, economic investment and creating a general good and welcoming feeling within the community.


No Initial Public Offering

There have so far not been any form of initial public offering, IPO, in NeXT Horizon except from two initial investors that helped us with funding for core servers. The developers have not taken out any form of economic compensation for their work although many hours of development and the fact that NeXT Horizon as a crypto currency existed for over a month. We are convinced that Proof Of Bounty in long term will have a positive impact for development and economic establishment of NeXT Horizon as a mainstream digital currency.



Current development

The latest release of NeXT Horizon added a new feature called UPNP (Universal Plug and Play) that will help home users to run a node (hallmark) without knowing how to port forward 7774 through their broadband router, NeXT Horizon will do this for you. Next release of NeXT Horizon will contain a „ready to run“ package of an initial step towards a fully anonymous peer-to-peer network. This work is already underway.


Future plans

Since we believe that massive possibilities resides within the peer-to-peer network we will continue developing services for decentralized computing. Some of these services are as follows.

--Betting and lottery system within the peer-to-peer network.

--Distributed services for scientific calculations (This will probably be bounty based).

--Decentralized exchanges within the peer-to-peer network.

--Decentralization of services such as block explorer, homepage, forum and messaging services to the NeXT Horizon peer-to-peer network. These services will initially be semi-centralized.


Numbers

Current number of hallmarks in NeXT Horizon peer-to-peer network: About 290

Current number of accounts registered(excluding bounty accounts): 245

Current amount of distributed funds: 28 Million NHZ

Current average distribution amount of NHZ per day (one week average): 400 000

Average in distribution amount per day, set as a goal in two months time: 800 000

Assuming this distribution rate is achieved, then the number of coins in circulation will increase at the rate of 2.4% each month, which means the ProofOfBounty will run for approximately 3 years after which rewards will then be solely from forging.



Announcement

We have already received three offers on being listed on a crypto currency exchange. Until now we have turned these offers down. We have though realized that we need a bigger and faster distribution pace than we have had so far. We want to have at least 50 million NHZ distributed before we put our self‘s on an exchange (Current distributed amount is 28 million). Due to the many wishes that we should list NeXT Horizon on an exchange we have decided to sell funds to increase distribution pace. The bitcoin funds that we receive from this sale will solely go to the development, establishment, growth and acceptance of NeXT Horizon. 10% of the raised funds will be donated to a charitable organization by vote on our forum. Any Bitcoins which remain after the distribution phase will be donated likewise.

Everyone should have the chance to get some NHZ from the sale, so we decided to limit the funds available for a buy. We start with a low amount and add more over the next five to 14 days, depending on how fast a chunk is sold.




More information will follow on 2014-05-04.
Happy bounty-hunting!
« Last Edit: May 04, 2014, 06:07:12 pm by carebeer »
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clat

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Re: 2% sale
« Reply #1 on: May 03, 2014, 08:01:09 am »
Next time you will sell 5%,and next next time.........Last 3 years.Who will buy it?
What is the price?If you sell cheaper than mine,may be there are about 100 nodes will be cancel.If you sell higher than mine,no one will buy it.
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pharesim

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Re: 2% sale
« Reply #2 on: May 03, 2014, 08:18:57 am »
Quote from: clat on May 03, 2014, 08:01:09 am
Next time you will sell 5%,and next next time
There's no next time. This was announced right from the start (http://forum.nhzcrypto.org/index.php?topic=8.0 and on the homepage)

Quote from: clat on May 03, 2014, 08:01:09 am
Who will buy it?
We don't know, and we don't really care.

Quote from: clat on May 03, 2014, 08:01:09 am
What is the price?
The price of 100 satoshis was announced right from the start too.

Quote from: clat on May 03, 2014, 08:01:09 am
If you sell cheaper than mine,may be there are about 100 nodes will be cancel.If you sell higher than mine,no one will buy it.
You wouldn't believe it, but you would do us a favor when you shut down at least 95 of those 100 nodes. If you kept them running during the whole distribution phase you'd probably have >5% of all coins, that's not what we intended.
« Last Edit: May 03, 2014, 08:36:21 am by pharesim »
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fisheye

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Re: 2% sale
« Reply #3 on: May 03, 2014, 08:31:58 am »
Quote from: clat on May 03, 2014, 08:01:09 am
Next time you will sell 5%,and next next time.........Last 3 years.Who will buy it?
What is the price?If you sell cheaper than mine,may be there are about 100 nodes will be cancel.If you sell higher than mine,no one will buy it.

I told you that your price is too high. 
your eternal whining is boring.
you're a fucking greedy crybaby   
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clat

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Re: 2% sale
« Reply #4 on: May 03, 2014, 09:44:19 am »
Quote from: fisheye on May 03, 2014, 08:31:58 am
Quote from: clat on May 03, 2014, 08:01:09 am
Next time you will sell 5%,and next next time.........Last 3 years.Who will buy it?
What is the price?If you sell cheaper than mine,may be there are about 100 nodes will be cancel.If you sell higher than mine,no one will buy it.

I told you that your price is too high. 
your eternal whining is boring.
you're a fucking greedy crybaby   

You too.
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Madinga

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Re: 2% sale
« Reply #5 on: May 03, 2014, 12:06:51 pm »
will you accept NXT too ? IMO you should 
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pharesim

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Re: 2% sale
« Reply #6 on: May 03, 2014, 02:34:11 pm »
We can't donate and rent servers with NXT, so no. Sorry.
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cbkr

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Re: 2% sale
« Reply #7 on: May 05, 2014, 11:41:17 am »
b4mp, everything working perfectly now 
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I'm currently looking for a job. I will code Ruby and Perl for BTC or NHZ and can also do all kinds of Linux server administration tasks, including hardened/tightened security setups. Please contact me if you have anything that needs to be done.

Breasal

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Re: 2% sale
« Reply #8 on: May 05, 2014, 03:55:12 pm »
Quote from: cbkr on May 05, 2014, 11:41:17 am
b4mp, everything working perfectly now 

Why then do I go to the site and always see NHZ Available: 0 ?
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pharesim

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Re: 2% sale
« Reply #9 on: May 05, 2014, 04:14:28 pm »
This means that everything we added so far was sold or reserved. Currently the major part is reserved, it will be freed after 6 hours. And we add some more later tonight.
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nhzfan

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Re: 2% sale
« Reply #10 on: May 05, 2014, 06:35:36 pm »
You create a list of the amount of NHZ which was sold?
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pharesim

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Re: 2% sale
« Reply #11 on: May 05, 2014, 10:20:36 pm »
You can see everything on the sales account in the block explorer. We may publish some more data in the following days.

First resumée: first day was spent completely fixing bugs and limits. The first half of the second day we moved the api to a faster server. Now it's running smooth, and the first successful transactions have been made. 2M in 9 transactions, 7 unique accounts bought.
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