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ADZbuzz Community Tokenisation (ACT) System Live!

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  • #31
    happy to see ACT now eagerly waiting for tokanisation of my community as below.
    Last edited by camohitmishra; 04-16-2018, 02:41 AM. Reason: Don't need to mention your communities

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    • #32
      Originally posted by dollarbill View Post
      So we can't just buy up generic community tokens? We would have to wait for someone to place a sell order tied to a certain community?
      Hi, you can also set your Buy Order and then others (including ADZbuzz) can fulfill that order if they find it exciting That's how trading happens in general.

      We'll be optimising the system the next days so the system will become more convenient in few days
      Welcome to ADZbuzz!!

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      • #33
        Originally posted by Ammikas View Post

        If ADZbuzz owns that community, you can buy tokens from ADZbuzz and ADZbuzz is starting to sell tokens with the price according to the site. More popular the site, higher the price. This is at least how I understood it.
        That's my understanding as well. Not sure, how it will be implemented in practice? Will those "unowned" tokens be offered in one sell order at a fixed price? If yes, on which pair (ADZ, BTC or ETH)? Or buyers need to place orders first at a price they think and ADZbuzz will decide whether to fulfill or not?
        Discover The World

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        • #34
          Originally posted by Matt_Rocass View Post

          That's my understanding as well. Not sure, how it will be implemented in practice? Will those "unowned" tokens be offered in one sell order at a fixed price? If yes, on which pair (ADZ, BTC or ETH)? Or buyers need to place orders first at a price they think and ADZbuzz will decide whether to fulfill or not?
          For now, people can either buy the tokens from the sell orders or they can put their own buy orders. However, we're planning few things and we might add more features during optimisation.
          Welcome to ADZbuzz!!

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          • #35
            Originally posted by Matt_Rocass View Post

            That's my understanding as well. Not sure, how it will be implemented in practice? Will those "unowned" tokens be offered in one sell order at a fixed price? If yes, on which pair (ADZ, BTC or ETH)? Or buyers need to place orders first at a price they think and ADZbuzz will decide whether to fulfill or not?
            Yes the idea is to create a daily flash offer in which new tokens get sold for a discounted price before the next batch is ready. If they don't get sold they will remain on the exchange for a higher price.

            We will sell tokens for ADZcoin. The BTC and ETH markets are available for future trading of the tokens. Somebody could for instance also buy them for ADZ and sell them for BTC or ETH instantly, I see already there are options to buy tokens with BTC.

            Using just ADZ has 2 main benefits:

            -> It will increase demand for ADZcoin asn new people will need to buy ADZ first to purchase tokens
            -> It is much easier to manage the daily profit share and we can even automate the profit share in the future.

            An extra feature we'll add is to easily buy tokens using any ADZ wallet on ADZbuzz in a similar way as you can now claim your free tokens on the own a community page. This will be ready before the countdown timer ends on the buy a community page.
            Welcome To The ADZbuzz Project!

            Become A Gold Member Today

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            • Matt_Rocass
              Matt_Rocass commented
              Editing a comment
              Thanks for the answer, sounds awesome! I like the idea of using ADZcoin for the orders!

            • JensSteyaert
              JensSteyaert commented
              Editing a comment
              Yeah we thought about it and we'll accept only ADZcoin for all of our products in the future. It makes sense as everybody earns ADZcoins and we have several features that can make it very easy for people with other coins to pay with those but actually pay in ADZcoin. We'll add a feature like Shapeshift to our exchange to accept payments and it'll actually fill sell orders for ADZcoin when somebody uses BTC for instance to pay for a product. (tokens, gold, ad credits etc.)

              So that's something that we'll work on in the near-future but what I mentioned above is for in less than 2 weeks.

            • Ammikas
              Ammikas commented
              Editing a comment
              I see that you still created the countdown. Now we should promote the option to buy communities to our followers

          • #36
            Another round of ATC's added to the exchange.....cool.

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            • camohitmishra
              camohitmishra commented
              Editing a comment
              Correction, its ACTs - ADZbuzz Community Tokens

          • #37
            Any update when the exchange will move to it's own domain?

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            • #38
              Originally posted by dollarbill View Post
              Any update when the exchange will move to it's own domain?
              The planning for the coming weeks is:

              -> Optimize Exchange and add left sidebar with markets
              -> Tokenize more communities
              -> Add notification bar linking to own a community page mentioning to claim 100 free tokens
              -> Optimize own a community page (add more stats, search feature, token markets etc.)
              -> Start promos
              -> Add new coins to exchange
              -> Hire more devs to add more features to the exchange (automated withdrawals, more trading options, API etc.) + add exchange to its own domain

              This along with bug fixing and some other features to improve user-friendliness will keep us busy and at the same time allow us to start promos soon.
              Welcome To The ADZbuzz Project!

              Become A Gold Member Today

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              • dollarbill
                dollarbill commented
                Editing a comment
                Like always, that's a full plate.

              • JensSteyaert
                JensSteyaert commented
                Editing a comment
                Things will become much easier with more devs on board, we are close to being able to expand the team + Increase the daily profit share so things are looking very bright.

              • Ammikas
                Ammikas commented
                Editing a comment
                Expanding the team is really good news

            • #39
              Surprising how fast the Tokenized Communities are being snapped up.

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              • #40
                Originally posted by dollarbill View Post
                Surprising how fast the Tokenized Communities are being snapped up.
                Yes, if things keep going this way we'll be able to hire 5-10 new devs to fully focus on growing our exchange to increase trading volume the next weeks!

                A new batch of communities along with the tokenization of communities previously bought will be added shortly.
                Welcome To The ADZbuzz Project!

                Become A Gold Member Today

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                • #41
                  One last suggestion.

                  When our communities get tokenized could we have the option not to list them on the exchange? (on/off option). I feel many of us are not going to sell shares of our communities for some time. If we have the option not to show our communities on the exchange, that would lessen the amount of pairs on the exchange. It would also prevent traders from clicking on the trading pair of our community and seeing that there aren't any sell orders.

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