Author Topic: FIMKrypto currency available as official OpenLedger backed asset FIMK  (Read 1104 times)

ccedk on: July 01, 2016, 01:13:03 AM

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We are pleased to offer FIMKrypto currency available as official OpenLedger backed asset FIMK

OpenLedger via CCEDK has access to FIMK coins, and has therefore  made OpenLedger IOU asset FIMK available for trade in selected markets.

It is possible to deposit FIMKrypto to FIMK OL asset against a deposit fee for FREE, and to withdraw with a fee of 1%


Description made on the OL explorer Cryptofresh: http://cryptofresh.com/a/FIMK

FIMKrypto
The cryptocurrency FIMKrypto (FIMK) https://forum.fimk.fi is listed as an IOU on OpenLedger with the asset name FIMK, it is backed by OpenLedger and CCEDK ApS FIMK adress with funds located on CCEDK APS: FIM-Z38B-MAXH-ZHXC-DWXYX.

Deposit fee is FREE, you send to above adress, but only after e-mail confirmation with amount and sender adress.

Withdrawal fee is 1% of FIMK IOU to FIMK real currency - send FIMK OL asset to account: fimk with your adress in memo.

Withdrawals and deposits are processed within 24 hours.

Based on validated OpenLedger accounts only and only with e-mail confirmation ronny@ccedk.com with amount and adress before transfer has taken place.

You may use this FIMK token against any assets on OpenLedger and it is accepted as a 1:1 value of the cryptocurrency FIMK. https://coinmarketcap.com/currencies/fimkrypto/



The available trading pairs for FIMK are as follows:

BTC: https://bitshares.openledger.info/?r=fimk#/market/FIMK_OPEN.BTC

BTS: https://bitshares.openledger.info/?r=fimk#/market/FIMK_BTS

ETH: https://bitshares.openledger.info/?r=fimk#/market/FIMK_OPEN.ETH not yet created but coming up

SMARTCOINS BitCNY: https://bitshares.openledger.info/?r=fimk#/market/FIMK_CNY                  

SMARTCOINS BitUSD: https://bitshares.openledger.info/?r=fimk#/market/FIMK_USD                

FIAT USD: https://bitshares.openledger.info/?r=fimk#/market/FIMK_OPEN.USD    

Welcome to OpenLedger - Smart Trading Decentralized

All the best

Ronny Boesing
CEO
CCEDK / OpenLedger / CoinsBank

Public Profile Linkedin: https://dk.linkedin.com/in/ronny-boesing-65b61720

We're proud to launch our brand new OpenLedger promo.
It's called "OpenLedger - You are in Control"
Watch it here :
 

Click the image to watch the video !

If you have not yet opened an account, now is the time.  Just follow the "Get Started" video (Tutorial #1) below for the best first-time experience. Welcome.

Here's our tutorial video that shows how you how to get started on OpenLedger.

Click the image to watch the video!


Unlike ordinary exchanges on Openledger you are able to clearly follow the amounts kept in cold/hot wallet of the platform under https://bitshares.openledger.info/#/account/openledger-wallet/overview

One major trading pair on platform to consider is the BTC/BTS: https://bitshares.openledger.info/#/market/BTS_OPEN.BTC



Here's our new tutorial video that shows how you can fund your OpenLeder account with Bitcoin.

click the image to watch the video!

« Last Edit: July 01, 2016, 10:19:35 AM by ccedk »

ccedk #1 on: July 06, 2016, 11:55:05 PM

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In case you havent noticed, I have managed to put FIMK back on the charts with FIMK added to OpenLedger

https://coinmarketcap.com/currencies/fimkrypto/#markets

two markets added, will ask for EUR to be added as well, and soon also HEAT

rgds

Ronny

eRoh #2 on: July 08, 2016, 05:42:09 AM

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and soon also HEAT
Are you involved in HEAT, too? I thought the name wasn't public yet at that time. (I was wondering what it stands for but forgot it until it was later announced)
FIM-34B3-PWY5-TMHC-9JYW8

kani #3 on: July 09, 2016, 01:15:41 AM

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Are you involved in HEAT, too? I thought the name wasn't public yet at that time. (I was wondering what it stands for but forgot it until it was later announced)

Eliphaz answered a similar question on bitcointalk:
Quote
CCEDK is just an escrow & marketing partner for HEAT

That's because of the long term business relationship of FIMK with CCEDK.
https://bitcointalk.org/index.php?topic=633304.msg15511288#msg15511288
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kani #4 on: July 16, 2016, 11:20:34 PM

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I’ve looked into OpenLedger and I have some points to offer as constructive criticism.  Too much friction, please improve.

To make a deposit I need to:
* ONE-TIME: Create a validated OpenLedger account
   * How does an account get validated???
* Send e-mail with deposit amount and sender address
* Wait for e-mail approval
* Make my deposit
* Wait up to 24 hours (?!?!?) for asset transfer
* Trade

I liked the old CCEDK interface better:
* ONE-TIME: Make a user account
* Send deposit to unique address
* Trade

Moving on to withdrawals:
* Need to learn a whole new process for how OPEN.BTC (or other asset) is withdrawn???
   * The OPEN.BTC asset description links to https://openledger.info/
      * All I can find are marketing videos and pages that want me to make an account.
      * I can't even figure out how to turn OPEN.BTC to real BTC!  Where is that information hidden???
* Screw it, I give up.

Wait, there’s more:
* My wallet is stored in browser somewhere?
* HOLY CRAP, what if I ‘Clear Browsing Data’?  What happens to all my assets?
* I need to somehow export it to protect it???
* Screw it, I give up.

Maybe I’m not patient enough, but the process is too complex and scary.  I would prefer a trading interface that looks and operates like a normal exchange and uses decentralized ledger under-the-hood.  I don't mean to be rude, but the deposit and withdrawal processes have a lot of room for improvement.

Everywhere I look, I see the same wall of PR text and videos.  I'm not trying to fund my own startup!  I don't want to buy OBITS!  I want to trade, and I want to know what I'm getting into (how it all works) before I make a wallet and without having to watch a bunch of unrelated videos.

This has been my experience as someone previously unfamiliar with the OpenLedger platform.
« Last Edit: July 17, 2016, 03:56:14 AM by kani »
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kani #5 on: July 17, 2016, 04:46:42 AM

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Okay.  Things make more sense inside the wallet.

Sorry if I offended.  It was pretty hard finding the information I was looking for without opening a wallet.
« Last Edit: July 17, 2016, 05:27:07 AM by kani »
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warmach #6 on: July 17, 2016, 02:37:59 PM

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I will try to explain further.  While I can't speak of specifics to CCEDK's offering, I will give details on my own asset, FIMKRYPTO, https://forum.fimk.fi/index.php?topic=694.0

I’ve looked into OpenLedger and I have some points to offer as constructive criticism.  Too much friction, please improve.

To make a deposit I need to:
* ONE-TIME: Create a validated OpenLedger account
   * How does an account get validated???
* Send e-mail with deposit amount and sender address
* Wait for e-mail approval
* Make my deposit
* Wait up to 24 hours (?!?!?) for asset transfer
* Trade
Yes, you need to create an account only once.  It is basically a brain wallet.  You need to securely save your password for future activity.  Deposits differ a bit for Open.BTC vs FIMK.  Once in the client, you can click the withdraw button and you will get a new BTC address to send your deposits to.  Once the transaction confirms, you are credited the OPEN.BTC

For FIMK, you need to send your FIMK to a specific address and reference your OpenLedger account name in the Memo field.  Generating a specific address for each user has to be built into user interface.  Once FIM becomes more popular, we can work on getting it in there. 

As far as when deposits/withdraws are processed, for me it is when I check the accounts.  Right now I don't have the volume to warrant coding an automated system.  If people start using my asset, FIMKRYPTO, I will write an automated transfer script, much like my pool.

Moving on to withdrawals:
* Need to learn a whole new process for how OPEN.BTC (or other asset) is withdrawn???
   * The OPEN.BTC asset description links to https://openledger.info/
      * All I can find are marketing videos and pages that want me to make an account.
      * I can't even figure out how to turn OPEN.BTC to real BTC!  Where is that information hidden???
* Screw it, I give up.

The videos are more marketing than instruction...

BTC withdraw works the same as it did with CCEDK or any other exchange.  For FIM, you need to transfer to a specific OpenLedger account and reference your FIM account.  Works just like deposits.


Wait, there’s more:
* My wallet is stored in browser somewhere?
* HOLY CRAP, what if I ‘Clear Browsing Data’?  What happens to all my assets?
* I need to somehow export it to protect it???
* Screw it, I give up.

If you use the browser version, it only stores a cookie with your account name.  You still need to enter your password to make any transaction.  If you clear your browser data, then you will just need to re-authenticate once to generate your account cookie again. 

There is a .dat file you can download and save.  I am not sure how imperative it is to save from browser version.  Maybe someone else has a better idea.


Maybe I’m not patient enough, but the process is too complex and scary.  I would prefer a trading interface that looks and operates like a normal exchange and uses decentralized ledger under-the-hood.  I don't mean to be rude, but the deposit and withdrawal processes have a lot of room for improvement.

Everywhere I look, I see the same wall of PR text and videos.  I'm not trying to fund my own startup!  I don't want to buy OBITS!  I want to trade, and I want to know what I'm getting into (how it all works) before I make a wallet and without having to watch a bunch of unrelated videos.

This has been my experience as someone previously unfamiliar with the OpenLedger platform.

Anything new is a little scary.  I understand that.  Though, I think this platform is very similar to other traditional exchanges once you get into it.  I did create a quick, crude walkthrough, http://fim.warmach.info/trading.html  It is very basic and I only made it in about 15 minutes but it gives a basic idea of what to expect.

I would also recommend using the local desktop client.  https://github.com/bitshares/bitshares-2/releases  I like that is not browser based and it also allows you to connect to different peers.  Sometimes the primary peers get overloaded and it is nice to use a different one.  Afterall, that is what decentralized is all about!
Warmach's Forging Pool
http://fim.warmach.info/pool/
May the forge be with you...

kani #7 on: July 17, 2016, 04:12:25 PM

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Thank you for your kind and detailed post warmach.  Especially in response to a clearly agitated messenger.

A piece of advice to anyone interested in OpenLedger.  Just make a wallet and look around, it all makes sense in there.

Information is not easily found through the suggested sources.  You will find a maze of interconnected acronyms and OMG the videos…  I could have read a whitepaper on the entire bitshares ecosystem in the time I spent watching video promotions.  And still I did not find the simplest of information.
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kani #8 on: July 18, 2016, 09:57:12 PM

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A message to Ronny,

I think it important to write a considered response to my experiences in OpenLedger.  While the above posts serve to capture the initial frustration of my foray into OpenLedger, they do not reflect well my opinions after using the exchange and exploring your materials.  The initiatives which CCEDK is sponsoring in the Bitshares ecosystem are nothing short of astounding.  Your goals are big and I wish you great success.  Bitshares looks like a very feature-rich blockchain platform to build a business around -- the fee structure alone serves that purpose well.

Below, I describe my exploration steps in greater detail.  Perhaps you will find beneficial insight to improve the entry experience for others.

My first real exposure to Bitshares and OpenLedger begins with the FIMK asset description.  Right off the bat, I am sensitive to the unique needs of each asset deposit and withdrawal.  The FIMK process is simple enough, though I prefer fewer steps and less manual intervention.  One concern: the term ‘validated account’ is stressed without further explanation and my Google searches on the subject give no clear answer.

Moving on.  I pop over to cryptofresh.com and look up OPEN.BTC.  The asset description is very thin and only links to openledger.info.   I follow the link and am presented with the entry portal to the entire OpenLedger project.  Not quite what I was looking for…  I just wanted to know how to withdrawal and deposit BTC.  Not ready to make an account yet, so I backed out of all those pages (but I did notice some words about ‘stored in my browser’ or something; noted as a concern for later).

Long story short, I looked for a great long time trying to find the answer to how OPEN.BTC asset moves in and out of real BTC.  Pages and pages of different Bitshares projects entry portals (can’t remember them all).  I couldn’t find much real information on anything, but there were a whole bunch of videos I didn’t watch (usually don’t).  After some time, I gave in and started watching the videos, as it seems to be the primary source of information.  Too many, I found, were targeted to a crypto-naive audience and were exactly the kind of videos I was trying to avoid.

I eventually stumbled across a video that showed the exchange.  Wow, that actually looks good.  Easy to backup the wallet file from browser and LOOK AT THAT!  Easy to get BTC in and out.  Okay, we’re in business!

Then I created a new account and entered the exchange.  Things became much clearer after that.

These are my takeaways:
1) Asset description should be informative (and not just link to a project entry portal)
2) Allow guest entry into exchange (for those who want to look around first)
3) Videos should enhance the information on a page, not conceal it (don’t force users to watch to find information)
4) Easily discoverable landing pages for use cases (TRADE on OpenLedger.  Explain the process with and without video)
5) More substance in the right places (sometimes people want to dig a little deeper)

I do hope you find these comments to be more constructive (and less criticism) than before.  Maybe you find it useful, maybe not.  But here it is.

Thank you!

P.S. Your supportive efforts for FIMK have not gone unnoticed.  Thank you for all that you do.

P.P.S. I hope that one day FIMK and HEAT will be first-class currencies in OpenLedger with automated gateways and dashboard promotion.
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Naakeri #9 on: July 19, 2016, 08:21:27 AM

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Any clue where are the FIMK's that I left to old CCEDK exchange? I didn't withdraw them because I tought that they are still there after re-open. But now the whole system has been changed...

eRoh #10 on: July 19, 2016, 03:59:09 PM

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Any clue where are the FIMK's that I left to old CCEDK exchange? I didn't withdraw them because I tought that they are still there after re-open. But now the whole system has been changed...

I suggest contacting Ronny. I had some pending withdrawals, which he took care of.
FIM-34B3-PWY5-TMHC-9JYW8

kani #11 on: July 20, 2016, 03:01:48 AM

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Upon further reflection, it turns out that I am a moron.  Geez, if I would have just watched the videos in the opening post above, that would have saved me a lot of trouble — I really did come at this sideways, lol.

But maybe there are other morons just like me.  Ones that refuse to watch video or open new accounts without better understanding.

I shared my experiences here to provide perspective which you may not often get.  I did hope to give constructive feedback, even though it ended up being a little abrasive.  I’m sorry for that.

Regards.
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