Welcome Opus Community,
We noticed a lot of misleading information regarding our development and that is why we would like to tell you more about our plans for the next few weeks. Let’s start with the Bounty campaign as this is strictly related with the Crowdsale which finished just a few days ago. All of the stakes will be given to our contributors in the next two weeks. We very much appreciate your help and engagement and it would be great if we could sustain the same kind of partnership when the product is ready to launch.
A lot of people have been asking us about exchanges and some of them definitely got wrong our last announcement. We never said we do not want OPUS to be listed on the exchanges and it is definitely not our goal. However, listing on the exchanges is not our priority at the moment. We respect your vote of confidence and it is exactly why we are going to devote a majority of the funds for the product development. Because we did not raise as much as planned we will need to change the proportions described in the whitepaper and devote more for development. We believe in the long-term perspective of the project and making the product as easy to use for users as possible is one of our biggest steps. Of course, the buyers who don’t want to wait several weeks for bigger exchanges might check out Etherdelta. Even though we did not contact them, our token is going to be listed there. Please remember that because of the tighter regulations a lot of exchanges changed their process of verification. One of the best examples is Bittrex which did not add any new coin since August 1st. At the end of the next week, we will release next update and we would like to keep it that way so you can learn more about our dev. You can expect there more news regarding the burning of the tokens.
Thanks!
But will you attempt to list it on bigger exchanges? Considering your previous statement "we cannot prevent people from trading it".
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Dear Coss-rune, Could you please specify the total current ammount of weekly revenues that generate transaction/trading fees on COSS.IO. I consider this information as one of the key points to make a decision regarding investment.
Here is all the information https://coinmarketcap.com/exchanges/coss/well, there's also their PoS business right?
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why monaco rising so much? debit card?
Did you check their latest tweet??
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real coin or same shit as hitbtc? Real coin, EtherDelta is a decentralized exchange, no IOUs there
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So now that the odds have changed on Wagerr. My bets will be resolved with the odds when I placed them or the new odds?
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This is my view on it: Keep 10% for dev team if need to hire more people. 10% for future community bounties etc that might help on promoting it. 80% Burn perhaps? I have nearly 2k of COSS now and waiting for an ETH buy order to fill and I will munch on a few more with the 6% bonus. If from 130 million tokens it goes down to even 20 Million, each token COULD be worth x 10 in marketcap once it hits exchanges lol. If 80% is burned, then there will be a minimum of 10x Just throwing out a hot torch for consideration and comments. If a large amount of tokens would be burned, and the dev and stakeholders also would be diluted accordingly. Then what about the amount set aside for bounty? Wouldnt that indirectly represent a unfair large portion of the tokens in circulation? Asking it here since many of you are in the bounty program. It is JUST a question for now :-) Just distribute the unsold tokens among ICO participants, all the ratios stay the same
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perfectly executed scam, they kept their identities hidden since the beginning, kept selling there tokens (see etherscan) while keeping the investors holders and the price of the token up with empty promises about continuing dividends and some mysterious Macau partner.
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Any Fucking news about this coin? I invested some dollars to Fucks and I wanna know where it's at Nothing new on Fucking Twitter, last update a week ago that it was added on Nova exchange. Volume is currently dead. Hope it's all temporary The devs must be working on the Reddit bot now, which is in beta. Rather than trying to anticipate the price or looking at the exchange now, I suggest we start sending small amount of FUCKs to other people to get wider social attention. Especially to the addresses that are being watched more (like the DAO hacker, Parity white hat hackers or ... i dunno, Vitalik Buterin?)This is great idea, we should make a list of those addresses and send there FUCKs daily! here you go, send away! https://etherscan.io/tokenrichlist
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ATM, 49% of the tokens are still being held, so only 100,000,000 in circulation. Tokens that are on exchange wallets such as bittrex and tokens in Tenx contracts (those 49%) are excluded from the payout. So let's say the total tokens held in private wallets (thus eligible for rewards) are around 70,000,000. By buying Tenx Pay token, any benefit except getting 0.5% of transaction spent? Let's say yearly transaction spent on Tenx is 1,200,000,000usd (from their whitepaper example), market capital current 400,000,000usd (4usd/Pay Token). Annual Return will be 1,200,000,000 x 0.5%=6,000,000usd/400,000,000usd=1.5% per year return mean current price (4usd) is not a good price to invest? your calculations are correct my friend. And that's if they achieved $1.2 Billion which won't happen in years. TenX is way overvalued right now, and the price will correct towards the end of the year when people start realizing how little dividends they're getting.
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The real potential yet to come, guys.. Hold on strong !!
How much do you expect? USD600M by mid of Sept . 4 times from now. Appr. 0.013 Unrealistic I think. Don't forget that all mco are not in the market for now. There is only 1/3 of coins on the market. I think we reached the maximum now and it's time to sell. I think I'm going to order a Monaco card to thanks them for these huge profits. But no more MCO coin for now. I'm staying in BTC or maybe a switch to usdt if BTC goes to 4400-4500.... Still way cheaper than TenX. TenX MC on total assets (200M) is north of 800M. MCO MC on total assets (30M) would be 400M I believe that a 600M mc is fair, and even will all the supply, there is still potential, and the Chinese exchange may help reaching this potential. Oh... MCO can burn coins too... Payments are a multi billion dollar market. A very important distinction is that for MCO to get your dividends you have to burn your tokens. So it's a continuously reducing in supply, which makes MCO just keep rising in value. Quite brilliant.
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great project dev!!! Looking forward for it to be listed on Cryptopia
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Some people say the founder is a friend of famous scammer Daniel Harrison, creator of Monkey Capital scam. I don't want to spread out the FUD because I invested in COSS, but still there are some risks...
Oh crap, I hope that's not the case, that guy is unhinged! he botched the Monkey ICO pretty badly!! I invested in COSS as well, that's why I hope that guy is not involved because he would bring it down.
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After several discussions we had among the team and thanks to the suggestions from the OPUS community, we decided to burn exactly the same % of the foundation’s tokens as will be burned from the crowd sale supply. Hence, if we won’t sell 95% of the crowd sale supply, we will burn 95% of the foundation’s tokens. We are truly devoted to the long-term perspective of the project and we hope that this decision, except locking 95% of the foundation’s tokens, will help us build a really innovative piece of technology. Thank you, guys!
Thank you! that's great to hear. And what are the benefits for token holders? Are you a dividends model?
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hello, so now that only around 50 million tokens soled, will the team still get 600 million?? 12 times the entire amount held by the ICO participants?
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There is a little correction now on Trex so maybe when it reaches a new bottom we can collect a few more. It can go two ways on Binance, either some phat whales dump hard initially or there might be another little mooning before we see the finished product. Either way it's a nicer coin to hold a few in one's portfolio. I just wish I had more when it was cheaper. why would a whale wait to dump on Binance? they can just dump now on any of the current exchanges.
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Having tried numerous other exchanges including some of the small ones like coinexchange.io and binance, I have to say the waves platform is horrible. I would certainly not use it to sell or buy tokens. If MBI is serious, they need to add other options and ASAP as the waves platform is hurting your first few weeks like you wouldnt believe. Marketing team need to admit quick smart that the wavesplatform does not cut the mustard yet by a long shot and act on it now.. IMO
So impatient my friend, I agree waves sucks, but the ICO just ended recently, and I'm using this opportunity to stock up on more MBI
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