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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 25, 2020, 08:38:20 PM
Hey everyone!

On Wednesday, 25 November 2020 at 2 PM GMT, Tornomy founders will hold an AMA in Oblivion coin Telegram chat: https://t.me/oblivioncoin

Airdrops for participants planned. See you!

#tornomy

Thank you for taking the time to do the AMA and all participants for joining!!

@coin.oblivion we had a great AMA and airdrop session with Tornomy, with whom I'm working with to deliver the UBI and volume pool
if you wish to add it to the ANN would be great!
P.s. please check pm!
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 23, 2020, 09:35:26 PM
We managed to organize an AMA with the Marin, CEO of Tornomy!

The AMA will be at 3pm GMT+1 on Wednesday 25th Nov. 2020. in the OBV telegram channel! <- https://t.me/oblivioncoin

Some community members and I colaborated and will be doing airdrops of OBV during the AMA!

Inviting everyone to join!
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 19, 2020, 12:24:29 PM
Ok so I put something in writing.

I decided to launch some "community pools" let's call them like that.

How will the community pools work?

I will delegate a number of coins to each pool and stake them (5% POS annual staking reward), the accrued stakes of each pool will then be used for its intended purposes described below. That way there will be an everlasting source of new rewards.

First off there will be the Developers pool - it will reward developers who contribute to the project.

Up next, we have the Bounty pool -  this one will be used for promotions and contests.

I will start the pools with my own mined coins and manage them myself, if people wanna contribute and make a multisig or something, I'm all up for it!


As said, started the Developers pool and Bounty pool!

For start I put in 100k coins of my own in each addy and will use the stakes as rewards for developers and some contests/bounties.
I plan on delegating more coins but let's see if it gains any interest first.

Everyone can track the balances and staking:
Developers Pool - TvTjwRKMtZ9pMuWDEnrkJm4zJ1nWVUqwHN
Bounty Pool - TdLBTD9dxPStdYTGHPmPpMN6K8sFFW1M8P


Thread updated! I would put this into main post also if it grows.
Thanks, please do so, I wrote up on the pools, explanation of how they work and some new pools I'm currently working on deploying!

COMMUNITY POOLS

Phase 1:
Developers pool 
Bounty pool
UBI pool
Volume pool

By fueling these pools with OBV, we are kickstarting the ecosystem and promoting OBV distribution. An important monetary policy is that the principal amount of OBV in certain pools will never be redeemed, refunded, or paid out to us, effectively remaining permanently locked in that pool.

These pools only distribute and utilize OBV that have been newly generated by the proof-of-stake (up to 5% per year) process. Such commitment results in permanent capturing of value. Additionally, we will actively support the whole economy by distributing and reallocating financial resources aimed at supporting the economy. As an example, profits of services are used to buy OBV on the open market and are used for distributing OBV to selected pools, growing their principal and thus also the rewards.


PHASE 1 COMMUNITY POOLS

Developers pool - TvTjwRKMtZ9pMuWDEnrkJm4zJ1nWVUqwHN

Initial allocation: 0.1m OBV
Funding source: filled up by part of profits
Governed by: Aim High (later multisig)
OBV staking: Yes
Distribution model: Recurring, event-driven

Oblivion will have a Developers pool aimed at supporting developers who bring value by contributing to the technology side of the Oblivion Ecosystem and blockchain. Unlike giving developers a lump-sum amount of OBV upfront, such support incentivizes long-term commitment to the project.

The pool will start with 0.1m OBV and there is no plan to additionally fill it up with profits of developed services.



Bounty pool - TdLBTD9dxPStdYTGHPmPpMN6K8sFFW1M8P

Initial allocation: 0.1m OBV
Funding source: filled up by  part of profits
Governed by: Aim High (later multisig)
OBV staking: Yes
Distribution model: Event-driven, irregular, recurring

The Oblivion Bounty pool starts off with 0.1m OBV and will later be filled up with part of the profits generated by the services. Only OBV coins in pool accounts generated by passive income from staking (PoS), amounting to 5% per year, will be distributed. The initial coins and the ones transferred thereafter are staked and the stakes are then used as prizes for contests, giveaways, content creation, bounties and other community-focused stimuli. By having a pool that is staking coins which are then used for prizes and rewards, the project ensures a constantly refilling source of rewards.



Future pools I'm working on at the moment: UBI and volume pool, I stepped in contact with some exchanges in order to pull those off, and will update the community as soon as I have some progress on this side.
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 09, 2020, 10:44:22 PM
Ok so I put something in writing.

I decided to launch some "community pools" let's call them like that.

How will the community pools work?

I will delegate a number of coins to each pool and stake them (5% POS annual staking reward), the accrued stakes of each pool will then be used for its intended purposes described below. That way there will be an everlasting source of new rewards.

First off there will be the Developers pool - it will reward developers who contribute to the project.

Up next, we have the Bounty pool -  this one will be used for promotions and contests.

I will start the pools with my own mined coins and manage them myself, if people wanna contribute and make a multisig or something, I'm all up for it!


As said, started the Developers pool and Bounty pool!

For start I put in 100k coins of my own in each addy and will use the stakes as rewards for developers and some contests/bounties.
I plan on delegating more coins but let's see if it gains any interest first.

Everyone can track the balances and staking:
Developers Pool - TvTjwRKMtZ9pMuWDEnrkJm4zJ1nWVUqwHN
Bounty Pool - TdLBTD9dxPStdYTGHPmPpMN6K8sFFW1M8P
25  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 08, 2020, 04:32:52 PM
Great to see that we have a few who are active in the community! Let's hope the dev also see's that and makes an appearance.

@Zvonki that sounds great! Can you join the telegram channel @Melodyblocks made so we can discuss further?
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 07, 2020, 05:58:10 PM
Ok so I put something in writing.

I decided to launch some "community pools" let's call them like that.

How will the community pools work?

I will delegate a number of coins to each pool and stake them (5% POS annual staking reward), the accrued stakes of each pool will then be used for its intended purposes described below. That way there will be an everlasting source of new rewards.

First off there will be the Developers pool - it will reward developers who contribute to the project.

Up next, we have the Bounty pool -  this one will be used for promotions and contests.

I will start the pools with my own mined coins and manage them myself, if people wanna contribute and make a multisig or something, I'm all up for it!
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 06, 2020, 06:06:55 PM
As I see the dev is quiet.

To motivate people to contribute to the development I will create a developers pool from which developers who contribute to the ecosystem will be rewarded.

Will prepare it and post details tomorrow!
28  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: November 05, 2020, 04:44:51 PM
is anyone even reading this thread anymore?
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Oblivion Coin | PoW + PoS | New Algo on: October 31, 2020, 09:29:52 PM
any updates? I see listed on some weird exchange but no orders, 50 usd on buy?
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