I don't really understand the business model of this coin. How they can make money this way ? It's like a mining pool where I rent some hardware for mining... But if it was that profitable why they don't do it themselves ? Seems to good to be true and I can't understand the economic reasoning behind...
Facility is not completely finished yet. The token allows anyone to rent computing power anonymously. Accelerator Network profits from the token itself, they use the profits to expand the facility: Accelerator Network earns ACC tokens to process compute orders. 50% WILL BE SPENT ON GROWTH This includes hardware, servers, land, and building space. 30% WILL BE SPENT ON DAILY EXPENSES AND LABOR COSTS This includes power, utilities, mortgages, labor costs, and all other unforeseen expenses. 10% WILL BE SPENT ON THE DEVELOPMENT TEAM In addition to the 20% stake allocated at launch, a 10% commission will be paid to the development team. 10% WILL BE SPENT ON MARKETING Ad campaigns will be financed and a creative agency will be retained to boost awareness and brand image. https://accelerator.network/#tokenThe renting has been going on for months now, so if it was not profitable I would not expect them to continue it. You can see the public orders here: https://app.accelerator.network/public_ordersMining is so popular that waiting queus can grow to last for weeks. They expand the capacity continiously though and if you pay extra you can skip the queus. Plan is to add 3000% more until the end of the year. In the end they will want their supercomputer to be used to purposes beyond mining like science and modelling. For that they need to build customer base and brand name. Accelerator Network is not the only one doing this, its just the first to actually have a running service. There are others like Gigawatt, Terraminer etc. |
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300% that was huge interest, I heard Monero is doing great job so far and good for investment. The total supply of Acc is very small currently, only 339530. The 300% is needed to increase it. Of course it wont last forever, only 10 months or so. But as said Acc is not only a staking token. You can profit also by mining i.e Ethereum with it. The tokens can be used to rent computing time from supercomputer. Currently only for mining cryptocurrencies but in future for science projects and physics modelling too. Many staking coins/tokens are just pure shit coins, without any purpose or product. Their value drops with time. Accelerator though has had a service running since the launch, its a token with real purpose and value. Thats why its value grows with time. |
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Its obvious it was always alive. I have been buying the fliks from the weak hands for months now. They gave them to me pretty cheap. For one to win, other must loose.
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I hope team has not deceived us, and we are really going to expect interesting and joyful news!
This is the worst time to sell because if they have updates coming this week the price will surely go up. Especially if new exchange is coming, its almost guaranteed. If you want to review the team, their details are in the ICO review: https://blog.icoalert.com/ico-alert-report-coinlancer-e00b14412f86One example from linkedin: https://www.linkedin.com/in/rushabh-shah-frm-9756754/From the telegram chat: Saurabh Chharia:
If u think a team who is working so hard to get two trading platforms up for us. Who is offering airdrop of bonus tokens to us. Who is answering our silly questions patiently here, who has a MVP out and working hard on bringing out changes to the product.
If you think a scam company does all this congratulations they are scam then. If you want to see a possible scam, look at EXRN for example. They have nothing, no gitbug, no whitepaper, total anonymity, simple webpage, promise riches, dont answer any questions in telegram, etc. Thats what real scam looks like. |
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I checked their website right now and i saw that CoinLancer tokens will be listed in Cryptopia and Kucoin soon. I think this will increase a CL tokens. What you think about this?
It will for sure. Currently CL is only in HitBTC and EtherDelta and neither is a good place for any token. There is an update coming for EtherDelta (ED 2.0) but its many months away still. |
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Some info on the wand token from telegram chat:
"Similar to 0x, and in addition paying for transaction fees, api calls, use of the microservices, and any third party use of our portfolio protocol"
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Arcblock is already closed. Yet another ICO I missed.
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If Bitcoin cant go up, it will go down sooner or later. Im expecting it to drop to 8k soon if price does not recover.
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Not much money to make in this bear market. Maybe with ICOs if you can find some good ones.
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I investigated this token today and also discussed with the people behind it, they are available in the telegram chat. Few things to clear out:
1. Tokens are not locked yet, but as said in the website they are are going to be locked soon and what I have heard for 1-2 years. They are moving them to new address. Only transfers done recently were the bonus token ones.
2. Website is under maintenance and the team was removed. They dont think its necessery to have them there right now. If you want, you can find the team details from ICO reviews. The team is legit, real persons with linkedin profiles.
3. There is going to be news and suprises coming within one week. New exchanges are coming. I would advice to hold the tokens firmly for now.
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I believed in carVertical but that ICO ended sooner that it started. Bah...
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Is this in any exchange yet?
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Just check the team from the official site. Its all professionals.
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If you want easy money buy Accelerator now. Its still cheap but its price will rise rise for sure when it gets listed to first real exchange outside EtherDelta. Its a low cap coin with really small supply, only around 300,000. Accelerator gives 300% POS until october this year and its backed by physical mining facility. You can use the tokens to mine different coins. The service is up and running already. https://accelerator.network/https://coinmarketcap.com/currencies/accelerator-network/If you want something like Raiblocks try Flash. Its a cheap and fast coin that scales. Its getting new website and github release this month. https://coinmarketcap.com/currencies/flash/ |
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Sounds like a promising project. I will follow and likely donate too.
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New website is coming, they will fix things. And token will become valuable.
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Lies. 1 of my 2 transaction that are stuck is a LiteCoin withdrawal. So don't believe this guys. yobit is okay. never had have any problems there. maybe they are overwhelmed with new users too. most exchanges have the same problems atm. Mate! Keeping peoples money is not "okay". Having a non-responding support is not "okay". The exchange is under investigation. I am pretty sure that you can see that as a big warning sign. I do not know if Zwiebo and Zakhal are highly invested in the exchange or working for it. But you sure seem to have no problem with ignoring all the negative facts. I dont work for any exchange. But I have accounts in like 25+ different exchanges around the world. There are complains about almost every exchange, especially if there is high traffic. So far I have never had issues with any of them including Yobit. |
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