DIX Officially Announces Ondori!

Ondori is the official rebrand for the Dix Asset token. It is a rapid secure transaction resource (RSTR) for a private peer-to-peer cryptocurrency network. We are a fun and easy to use decentralized private cryptocurrency that will offer block rewards in the form of Proof of Stake (PoS), private Proof of Stake (zPoS) and Masternodes (MN). In the future, we hope to implement Proof of Transaction (PoT) which is in development as of this writing. Similar to how you can receive cash back for using credit cards, PoT will offer incentives to users who spend. These all will work together to also add additional security to the network. 

Our mission is to help bring cryptocurrency that much closer to global mass adoption. One issue that the market faces today is the ever increasing competition over the cryptocurrency space with blockchain projects fighting one another, yet they fail to target the most important fight – public adoption. We will market towards new investors and those outside of the cryptocurrency space with our social media campaigns and grass roots community efforts. We are a project driven by community, and we can go as far as our community would like us to go. We will strategically market and target the everyday people, doing everyday things in life – work, play and the everyday. 

Our vision is to be at the forefront of the effort and to become a decentralized private payment network that will be used all over the world by the citizens of the world to be able to buy and sell goods or services peer-to-peer, in stores or over the internet, or on our decentralized private marketplace to come.

For more information, please be sure to visit the following:

Website: https://www.rstr.io
Discord: https://discord.gg/x6dwYZg
Telegram: https://t.me/ondoricoin
Twitter: https://twitter.com/ondoricoin
Facebook: https://facebook.com/ondoricoin
Reddit: https://www.reddit.com/r/ondoricoin/ 
Github: https://github.com/ondori-project
Youtube: https://www.youtube.com/channel/UCk7X317faZ9fW8jH1s9uzuw/videos
Instagram: https://www.instagram.com/ondoricoin

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Snapshot Taken

Hello Dix Community, 

The Snapshot has been taken at 02:49:00 UTC on 06/30/18, we repeat, the snapshot has been taken!

What does this mean? 

It means that if you’re reading this and your transaction is not confirmed or balance was posted after the time above, we’re sorry.  This also means that we have closed the first portion of our swap process. Thank you all for following directions and moving your tokens to your NXT wallets. 

What this means now is that all those who successfully were able to migrate their DIX token balances into the NXT wallets, will be eligible for the 1:1 swap period in our swap guidelines. We ask that you do not touch your balances, and work with us to remain patient as we finish development of our blockchain and begin the actual swap process soon. 

As we stated at the start of this project we will not be rushed, and if you’re here, you are here on a longer term. With that said, trust that we are moving along to ensure we can get us to that next level as soon as possible. We will be releasing the new coin details this week. So please keep an eye out for that.

IMPORTANT:

I would like to point out that we knew it was a strong possibility that there would be some wallets that would come in for a snapshot that would be too big for us to be willing to swap completely. I will need these following wallets to contact me:

5,639,014,961 (11% of new possible supply*)

3,451,421,874 (7% of new possible supply*)

2,900,000,000 (6% of new possible supply*)

We will not be able to facilitate your full amount. At most, we were willing to swap no more than 2,250,000,000. Due to our supply size reducing, you would own too much of a percentage (*) of the supply independently, which puts the blockchain and our community at risk.

This was not disclosed prior due to the fact that prior knowledge could have resulted in just sending the big balance to multiple wallets. Now that we have a snapshot, this will not be the case. I hope the community understands and will backs us 100%. Again, this will ultimately affect the safety of our investors, and we will not put them at risk. 

Due to these issues, we will allow continued purchasing of DIX tokens at a 2:1 ratio going forward. We are mandating that those who have already posted their wallets to the snap shot, obtain a different wallet with a different address if you wish to buy more DIX tokens. These will all be swapped 2:1. We are mandating this extra wallet so you do not jeopardize your snapshot balance. Please share this with others so they know to not add to their snap shot amounts.

Lastly, it appears that stocks.exchange has closed DIX deposits. Transactions can still be done, but on a limited supply. Withdraws can still be done. Transactions can also still be done on the NXT exchange.

I’d like to thank you all again for your continued support. If you have any questions, please contact us on Discord or Telegram. We will continue to keep everyone updated. 

Thank you, 

Kratos

DIX Swap Update – 06.28.18

Hello DIX community,

June 30th is fast approaching and the time is closing in on the grace period that was given to everybody to get your DIX tokens from the exchange to your own personal NXT wallets. Those arriving late will need to act fast.

We have heard that there are some that may be looking to manipulate our market orders to take advantage of users during the closing of this grace period, and because of this an exact date or time will not be given for when this snapshot is to take place. I caution everybody to make smart decisions and don’t let the FOMO keep you from being logical about spending your money. There are always malice groups looking for potential opportunities, and unfortunately, our current position makes us very vulnerable to this.

Once this grace period has expired, it will be at your own risk. If you elect to try and see how long you can stay in the exchange then please be prepared to accept that risk of not being included in this snapshot, or being taken advantage of in the exchange.

I strongly suggest not trying to buy up to the last minute, and suggest that all users take a break from buying DIX tokens thru stocks.exchange to focus on migrating to your wallets and staying out of the cross hairs.

A few things to consider that may happen:

  • Price increase and decrease due to FOMO, FUD and malice groups
  • Limited amount of orders being filled due to lack of quantity
  • Investors not wishing to be in – taking the low buy orders
  • Investors wanting in  – taking the high sell orders
  • Increased FUD activity

I’m just keeping it real with you guys, so please keep these things in mind when seeing market reaction as this grace period closes.

Also, you DO NOT need NXT for the snapshot that will occur, but YOU WILL need 1 NTX to make the swap transaction when it is time. If you do not have any NXT, then you will need to acquire some by transferring some in, or possibly cashing in a small amount of DIX for it. It would be smart to have a more than 1 NXT handy, in case of any unforeseen issues.

We have had an exciting month with a lot of growth and activity. In this time we have continued to grow even with our dedication to working quietly with no marketing. It appears our buzzing is just getting louder.

For those who have already made this migration, thank you. We appreciate your continued support and ask that you please stay seated, patient, and await further swap announcements.

 

Thank you,

Kratos

How to transfer DIX to NXT Wallet

How to transfer DIX to NXT Wallet 

A swap date will be announced at a later date, but for now, this first step is crucial in being able to take part in the DIX swap to come. You will not be able to do so, unless you have completed this step. Once you have done this, you will now viewable on the NXT explorer with your NXT address, and any issues that may arise during the swap process can be better verified and accounted for. This will be helpful to both you and the project team.

Currently, we will be giving until June 30, 2018 to get this completed.

Here are the steps you must take to swap from the stocks.exchange to your own NXT wallet.

  • Download the most recent (1.11.14) NXT desktop wallet (or Android) for your operating system here: https://www.jelurida.com/#hide-block-bartik-main-menu
  • Once downloaded and synced, enter into your wallet. 
  • Enter the asset ID: 3300333279580786000
  • You will see and be able to view DIX asset. If you look in the upper right corner, you will see “Add Asset”. Select it. You will now have DIX viewable on your wallet. 
  • Go to stocks.exchange and log in. 
  • Go to your “Token” wallet and select “withdraw” from your DIX account. 
  • Enter your NXT issued desktop address (located in the upper left corner, and is the address used to access your account). It will look similar to NXT-XXXX-XXXX-XXXX-XXXX.
  • Be prepared to pay an exchange transaction fee.
  • Send
  • You will be asked to approve your withdraw by email. Be sure to approve it or it will not begin the withdraw. 
  • Once you have approved it, you withdraw will be initiated and take anywhere from 45m-90m to complete. Once completed, you will see it posted in your NXT wallet, under “Assets”. 

Additional resources:

How to swap token from exchange to NXT wallet: https://www.youtube.com/watch?v=YGZq8R5ljMc

NXT provided guide: https://www.nxter.org/how-to-use-nxt-asset-exchange-tutorial/

Thank you, 

Kratos

If you are having connection issues, please ensure your download was the most recent version available (1.11.14). If still not resolved, visit our #nxt-wallet-help channel.

DIX – Swap Update 06.02.18

Hello DIX community, 

We have been working hard for you in the preparation for our swap. In order to ensure that we have a fluid one, we will be requiring that all DIX investors please be sure and move your DIX tokens from stocks.exchange to the “Assets” in your NXT Desktop wallet. 

I repeat. Dix investors must move their DIX tokens to the “Assets” in their NXT Desktop wallet. 

We will try and do a “how to” shortly, but in the meant time, you can visit the NXT site and read about deposit and withdrawing here: https://www.nxter.org/how-to-use-nxt-asset-exchange-tutorial/

Unfortunately, after reviewing the distribution of all DIX tokens, 68% of the supply is listed under one wallet. This wallet belongs to stocks.exchange and we cannot see the distribution of the DIX tokens within it, because of this, we have chosen to go in this direction.

We were able to talk with stocks.exchange and verify the amount of DIX that they have in the exchange, and it is accurate. They also did share a small break down of the top 10 wallets and how many total wallets they roughly had. The distribution was much better than we had originally thought. They unfortunately could not disclose any more details.

In order to ensure swap accuracy for both the investors and the team, and also in an effort to not bog down stocks.exchange with withdrawals, we are informing all DIX investors that this is a mandatory step in order to swap over to the new coin and blockchain. 

A snap shot will be taken prior to the swap. This will allow us to verify all the information to ensure investors receive their new coins. If you are not in the snapshot, you may miss your window to swap. We urge that you act now and begin processing your DIX in case of any unforeseen issues along the road.

We would also like to announce that a swap ratio has also been decided. 

We will be doing a 35 day swap window. Rather than doing a 1.5:1 swap, we have decided that we will offer: 

Days 1 to 5 – 1:1 swap

Day 6 to 35 – 2:1 swap 

Day 36 – DIX token will no longer be eligible to be swapped over. 

We believe this serves both the investor that wanted to hang onto their coin count, but also serves those who did want to see a reduction in supply. Early birds will benefit and we hope that those early birds will be our current investors who have been supporting our efforts and holding.

We again want to thank the community for being so patient. We have been working hard to plan great things for this community and have been working diligently towards the execution of this.  Going forward, it’s our hope to be able to release up coming information on a much quicker basis.

Thank you again, 

Kratos

Dix Asset Team

DIX – Update 04.25.18

While we still continue our efforts behind the scenes, we’d like to thank the DIX community for their patience. We know it’s not easy to sit patiently waiting for updates.

We have been waiting patiently ourselves for updates from an ICO that had utilized the DIX Asset name in the beginning of their ICO campaign. Due to their decision, we have had continued confusion because of that decision and have felt it best to wait on sharing information about our current processes until after we have gotten confirmation of their name change.

Sources have told us that they are close. While we continue to wait, we are continuing our efforts behind the scenes. Thanks again for being such a great community!