Looking way better than first snippets which came in few weeks ago. Slogan should be "unlimited scability" and design something more techy elegant, something you like to trust your money to (kraken is doing it well, or Gemini). But nevertheless I like the communication in this projects thread. Very nice feelings on the heat community though. Looking forward for what's coming over the next week's and especially month's. Keep on the good work

it will be on the heatday. it will be announced anywhere to celebrate. Stay tuned and asking. Thanks for asking, this question NO ONE asked before.

is there an official slack channel with developers or promoter?

There is a slack on Supernet slack: sprnt.slack.com

It's estimated a more detailed budget to be available at the share release investment brochure in November.

We hope so too!

We received 5.6 Million ARDOR, 90% the amount of the NXT received in the ICO. We haven't sold any ARDOR in expectation that the BTC NXT rate may rebound, thus making it more effective for us to liquidate crypto to EUR. The three exchange rate ladders of ARDR -> NXT -> BTC -> EUR combined have a potential for leverage of a great impact (which goes both ways unfortunately)...

As for liquidation of the ICO funds in general, it's a slow process that can't be rushed for several reasons. We're thus forced to take on a set of gambles regarding the liquidation rates. Being a necessity, it doesn't hurt as much to see the rates swing as greatly as they do, making the company's theoretical fortunes fluctuate in significant amounts in a short time.

Until this point we converted to BTC about one third of the NXT received. It's not simple to decide about what to do with the remaining 4 Million, as the rate is only about 25% of what it was at the ICO time. It could still decline risking further loss of operating funds, yet it's not appealing to sell at these rates.

Eth also are completely untouched at this point.

The FIMK isn't liquid currently and in the near to mid term future - as planned - so we're sitting on that. There are discussions ongoing about other possible uses of the 200+ Million FIMK stack held by the company. I'm still the chairman of the FIMK association and do coordinate projects with mutual interest for FIMK and HEAT likewise whenever possible. Stating that the non-profit nature didn't support commercial expansion doesn't mean those particular qualities of FIMK are completely unusable. They're actually very beneficial in some instances.

ok thanks for the response.

The Nxt is not a complete loss as the ARDOR is still there that perhaps is at a low so both if they went up 30% would be back to initial price.

Are you doing any recruitment or does Dennis feels he is better alone at this?

Place a notice board for talent needed and perhaps people will volunteer to help on the hope of being paid.

Perhaps paid in FIM with the idea you will be finding a use for it at some point within the system.

Regardless Cheers..

Basically the delay must have been known to the devs beforehand.
Which brings me to the conclusion, that you ran out of money and lied to the community about the progress of your project.
This would also explain the hasty ICO, which you started shortly after opening the thread.
While your alpha looks really nice and the whitepaper is really good, youre actions on the community are not to be accepted.

For me, this means that I will sell my Heat tokens shortly after you release them and will not reenter. Period.

jesus, so many fud newbi accounts lately in all threads, fucking annoying

The biweekly HEAT Crypto Roundup #11 is available for your enjoyment:

http://heatledger.ghost.io/crypto-roundup-11/