May 17, 2026

Capitalizations Index – B ∞/21M

Re: [ANN] NeosCoin Official BCT Thread. Details, news and other information.

Re: [ANN] NeosCoin Official BCT Thread. Details, news and other information.

Hi folks,

     At this point in development and where things stand overall, as promised I’ve put together somewhat of a progress report to keep things transparent and the community updated.  The upcoming release of Neos (v3.0) is undoubtedly the most work and contains in my opinion – the most innovative features and functionality in comparison to previous releases.  For years now, blockchain tech is what I’ve wanted to focus on at the core of Neos usability and power.  In our last release, while it was unique and contained a slew of features that were by community feedback “awesome” – reliability on third-party services proved to definitely be the wrong path to take.  Our goal moving forward isn’t as simple as one idea or method – but a collaborative effort to create something that combines the best of all while improving the areas that lacked suitable solutions.  At the end of this post I’ll provide upcoming dates for private testing and initial releases.  First I’ll outline a few of the fundamental changes that are currently in motion and will be ready by release.

The Neos code base

Initially the base we chose several months ago seemed like a perfect fit for our vision moving forward.  Since then it has unfortunately proven otherwise on various levels of reliability, accounting and other functionality.  Ahmed is busy working on a new base that will fall in line with our current model, preserving features like PoS and Masternodes.  This base however, will be more current and contain a number of improvements and upgrades.

The entire model and use case for Neos has changed

I’ll be outlining literally every feature that our new platform is capable of and what to expect moving forward closer to the beta release date.  This is obviously to protect our ideas from leaking into the open before they’re ready.  What I can disclose however, is that this version of Neos and every aspect of use and impact on the network and economy has been considered.  We’re reaching out to new audiences that might not be familiar with crypto but will be able to both understand and prosper from our platform.  Our goal is to eliminate the typical barrier-to-entry points and we’ve come up with a solution that we believe may very well do that.

The look of Neos

I had planned on waiting for our designer to provide the final adjustments to our new logo as well as color scheme, but that’s not ready as of today.  When it is, I will be updating this post so that the community can give us their feedback and take a look at what we feel is the best visual representation for the project.

Where do we stand with the current development process?  What are we working on now?

The initial steps of development were to test things on a network/functionality level.  Throughout the process there have been a multitude of changes as you can expect as certain methods might have proven more efficient over others and code refactoring takes place, etc.  The feature set the upcoming release contains is 85% complete.  At this point in development, the code is in a state where it can be given a face (the user interface, graphical means to execute these new features).  I’m currently working on the new user interface and once that’s complete, I will be providing a demo.

I’ve been working with the current base for testing while Ahmed continues his work on the new base.  When the new base is ready, I’ll be porting all of the new features into it.  At that point, private testing and stress testing can commence.

ETA’s, timelines, and in-betweens

The expected date for a demo and a more in-depth breakdown of new features is March 3, 2017.  Private testing should begin March 4, 2017 while a code audit for security purposes will be taking place by a third-party professional.  Between March 3rd and March 10th, testing and any applicable changes based on the audit report will take place.  March 10 – 15 will be another week of testing of any applicable changes to ensure the final revision is ready for public consumption.  Provided everything is successful, we expect new sources with a commit history to be made public by March 17, 2017 as well as binaries for Windows and Mac.  Once the demo has been released, our marketing campaigns will begin to welcome both new and existing communities to our new platform.  This is in effort to correct past mistakes where the area we fell short in consistently was marketing.

Resources and documentation

What has been built thus far is not something I would call any small feat or task.  Along the way documentation has also been created for points of reference and to attempt to explain the internals of the system to those who might be curious but might not have the same technical familiarity as others.  A new website is a must as what is currently there does not paint the most accurate picture of what we’ll be offering with Neos 3.0, and a wiki will be set up.  We’re all very excited to reach even the point of demo as it has been an incredibly long journey from where we’ve started and where we’re going to be.

We’ve opened up our slack invite for anyone who has any questions or would just like to come in and keep updated on any discussion that transpires there.  You can get your invite automatically by visiting http://slack.neoscoin.com/.

Thank you all for your continued support and patience.  If our history reflects anything, it is that we deliver and we’re looking forward to it.

Are you also going to update the front page of this forum? It’s not really fun to look at it like it is now.

(Why?)

Published at Sat, 18 Feb 2017 01:05:49 +0000

Previous Article

Perfect Days – London City Office Life by Simon & His Camera

Next Article

Bitcoin Accepted Here

You might be interested in …

Crowd Genie Asset Exchange to Hold ICO

Crowd Genie, a fully operational Singapore-based peer-to-peer digital lending platform licensed by the Monetary Authority of Singapore (MAS), has been selected by the token holders of the ICOS platform as the latest promising project to hold its own ICO.


Unlike most projects contemplating an ICO, Crowd Genie is not a startup but rather a debt-based lending platform that has been in operation for more than 12 months. It is one of only four P2P lending platforms licensed by the MAS. The project’s vision is to build a tokenized Pan-Asian lending exchange based on smart contracts, to ensure cost-effective, safe and efficient cashflows between lenders and borrowers. The platform will include blockchain-based identity management, 40+ variable KYC due diligence, and a distributed asset exchange.

Powerful Security and Due Diligence + AI-powered Credit Scoring

Crowd Genie will create a “digital passport” for each client, both lenders and borrowers, using due diligence procedures that ensure compliance with KYC, AML/CFT, cybersecurity, and privacy requirements. Blockchain smart contract technology will make it possible for verified users to perform lending transactions instantaneously and at a much lower cost. The tokenization of assets on the distributed asset exchange will allow Crowd Genie to trade in fractions of assets from asset classes that would otherwise be too expensive or impractical to trade using traditional methods.

The project utilizes an AI-powered credit scoring engine to take information from the documents submitted by prospective borrowers and assess their creditworthiness. As the data set increases, the AI engine constantly adjusts the scoring algorithm by reevaluating and back-testing the data. Crowd Genie is also the only platform where the platform directors always participate in each asset listing. This ensures that the motivation and interests of all parties concerned are the same.

According to Crowd Genie founder Akshay Mehra:

We feel that going into an ICO as an already established business has its advantages. We have had time to fine-tune our platform, making it the most comprehensive on the market. Ours is the only platform that incorporates the entire lending process, from KYC verification to asset lending. No startup can say the same.

Crowd Genie ICO

Crowd Genie ICO

The public ICO will begin on January 15, 2018, and will run until February 15, 2018. On offer will be 50,000,000 CGCOINs, a utility token which can be used to trade on the Crowd Genie platform. When a transaction is performed in CGCOINs, the lender purchases the corresponding amount of CGCOIN tokens and transfers them to the borrower. The borrower can then either use the tokens to receive a fiat currency or keep them in the cryptocurrency, ensuring natural demand for the tokens.

Borrowers will receive incentives for making on-time payments on loans. For each repayment, borrowers will receive CGCOIN “Credits”, a disposable asset that will be tracked separately in the digital passport. These credits will be visible and will improve the borrower’s reputation in the system, thereby allowing them to receive larger loans and/or lower interest rates.

Speaking about the Crowd Genie project, ICOBox co-founder Nick Evdokimov remarked:

This is a project with a great upside. The fact that Crowd Genie is already a going concern is a real plus. The use of emerging blockchain technologies will make the platform more dependable, inexpensive and faster. We are very pleased that ICOS token holders have recognized the value of the project, and look forward to a successful ICO.

Crowd Genie’s goal is to collect 100,000 ETH through the token sale. The base price is 1 ETH for 400 tokens. All unsold tokens will be burned.

For more information about Crowd Genie please visit crowd-genie.com.

What are your thoughts on the Crowd Genie project? What impact will its regulatory approval and strict KYC have on the overall p2p lending industry? Let us know in the comments below.


Images courtesy of Crowd Genie

The post Crowd Genie Asset Exchange to Hold ICO appeared first on Bitcoinist.com.

How Cognitive Systems Are Changing Businesses

How Cognitive Systems Are Changing Businesses As humans, we have some limitations when it comes to storing and processing data. While our brains can hold large amounts of information, we can’t store as much as […]