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Teams got a lot of ways that they can stand to grow and improve I’m sure their doing all they can and from what I’ve seen they seem very open to input from the community
I've been tracking ONAM's Twitter page & Telegram group, they have been putting in a lot of hard work recently. It's nice to see it is paying off and they are getting more recognition. Hopefully this translates into more business for the ONAM team. Could attract more partnerships if they become more popular. i dont have any idea how many members are now recognize and following the development of the whole project. i did check their twitter account and found only few members are following their, i guess they need more social-marketing team to make their community grow to attract more supporters and investors since this project is so worthy to be part of. |
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most mining companies or farm or pools would give an estimation of how much they would pay in their mine. but with a percentage like minedblock gives, there needs to be a strategy to make the amount of tokens mined transparent to investors. i think without that investors would be paid off with any amount.
whats minedblock transparency plan?
I agree with it, They must really have some transparent plan for their investors. It will going to help them also to get some people or possible investors attention that might join the project. I don't see any percent of revenue sharing mentioned, but I have not checked all the documents as of now. If I see any such information, I will update here. They would give 75% of mined tokens converted to eth and distributed to all holders of minedBlock. It’s stared on the website. That would mean they would hold 25% of mined tokens. How about maintainance of the facility? And electricity? Would 25% of mined tokens always be able to pay for that? Hhmm. They giving too much shares of the mined tokens to their investors or share holders, The same question comes on my mind too on how they will going to maintain the facility needs if they will going to have 25% only for it. i guess 25 percent is not bad for the company shares since they need some cash for maintaining the facility and to cover some expenses. Since the project is build for a long term investment i guess its fair enough for the team and investors. I wonder about the tax, if the project needed to pay the tax for the facility and for the project depends where the facility is located. i hope the remaining 25% can still pay it if ever they need to pay the tax since they are building a big facility |
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It seems many people liked minedblock project already. Lot of discussions happening here. I see Minedblock team also responding to the queries asked here.
You guessed right. There are few good projects. When you Find one, it’s very important to get the details, DYOR and get in early. I think the team should keep up with the reply, while I get all the details. its so hard to find a good project in early stage, and i am happy to find this thread so early so i can monitor all the progress and development of this project, and since the team is so active responding to questions most of the member here to keep the project continue to get some attention in some reason beside from posting in their other social media account. I just cant wait to see the whole facility of their mining firm |
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Which is the reason of calling this project ONAM? It sounds so much like ONAN...
i dont have any background behind this project's name, but if you insist to know what their name and the history why they called it ONAM maybe you can ask for help to the members/staff in their telegram. The admin and staff their are very active, maybe they know the answer of your question, but for me the name is new to my ear and i guess it sounds cool and catchy |
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Bitcoin has always been an investment of the rich. For our hunters, the altcoin is our main choice because they are cheap and easy to double!
yeah you are right, for more hunters their main choice is alts in comes of the multiple profit but its so hard to buy the cheapest coin in the market in this current dip, we never know if the coin will survive or not. Maybe a good alts with a stable and alive market volume will be a good choice to buy, |
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Onam is a truly scalable and Innovative exchange that is ushering in a new era of MLK standardization in digital asset trading. I like the fact that Onam is placing an emphasis on adhering to compliance, security, and usability.
Let us see when usage start on the MVP I think that is when the real magic would happen. What you said is what is claimed. One thing I've notice about them is that they are taking compliance seriously even the mvp require a kyc. I spoke with team about MVP release I was told about the fact there is a cosmetic addition to the current MVP that's why there seem to be a delay I anticipate a very great product I don't mind the small delay. Did they mention when it's going to be released exactly? A few cosmetic additions sound like it should be anytime soon. a good project is not in a rush in every process, they ensure all remain good and there are no errors, and make it perfect before the launch. So it doesn't matter if it has to be put off as long as it will make things better. i do agree on that, small delay is not to worry about in ensuring the quality of their services. They are putting it all the hard work to make the platform more competitive to others platform running nowadays. Adding a few cosmetic is a sign that the team is making a good progress more than we expect from them |
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I see MinedBlock will be setting up a Minning Facility from the Money they Rise from ICO.
So what's in it there for a Investor for investing in your exchange ?
they have a good idea. although we have seen a lot of mining projects fall this year due to the inability to raise funds and maintain their facilities.I would advice them to also look for private investors to invest in the project. that way they will be safe. I just come to know about this project and going through the details now. At this moment I don't have idea about tokens holders benefits. If anyone knows this then please let us know. Yeah, I visited to their whitepaper and found really this is something interesting and new in Crypto. About token holders benefits details are mentioned in page number 6. lets wait for there further updates regarding to the dashboard to develop in which the investor can monitor the whole mining operation. At the end of each calendar month 75% of mined revenue will be responsibly sold for ETH and will be distributed between registered token holders to their ETH wallets, i guess its a fair gain between holders and the company |
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Multiple currency mining platform? Interesting, I don't know if mining one or two currencies will be profitable or multiple currencies. I mean they requires multiple type of minors if decided to mine multiple currencies.
this is truly an impressive way of earning decent crypto imagine setting up a mining rig for each of the top 50 cryptocurrency, that's gonna be outrageously expensive i believe they will make a great business. if this project wanted to mine multiple currencies, their making a huge business since they need a good set up of mining rig for that and i am agreed that it going to be expensive. I will check the progress of this one, i wish all the best for this project |
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Was just over with the team in Telegram and the mvp will coming out later today. You need to KYC for it though. It might be a barrier for some but we will see when it comes to life.
Yeah, having to go through a KYC process is mandatory to test the MVP unfortunately. I am wondering if they will have an extern company doing it for them and how long it will take until you can get verified I can imagine not a lot of people will try out the mvp because most people hate to do the kyc. But it is important to do the kyc to bring security against scammers. So even Onam depaneds on KYC? aren't there any other special security method or pre action? I guess it's nothing for scammers to pass a KYC and keep scamming... this is a serous problem of the KYC rules, because some of the project uses KYC and we are not guaranteed that all the Photos we send to them will not be use to steal our identity and used it to another project for the multiple KYC account. I am not happy doing such KYC in some reason but if it is must and on their rules and regulation i guess its ok to submit to get involve such a good and well developed projects You mean to say they should mention some kind of declaration that they will not be using personal information for any other purpose? yes, maybe a rules and agreement between the person/trader and the platform stated that the KYC submitted is for MVP purposes and not being uses to other project. Maybe an additional requirement while taking the photo or the id not just holding the id. For example taking a photo will holding the ip with a cap, pen, etc, maybe it sounds funny but i guess my suggestion is not that bad too  |
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If you plan to hold your tokens for a long-term, there is no need to worry about this. Invest a reasonable amount of money and forget about it. Come back later in a few years time. Treat it like you are investing in properties or gold.
probable right, treat yourself like investing in properties or gold for long term as long as you picked the right coin, because some token didnt survive in long years, maybe you need also to check for the update of the coin/project to avoid losing profit like coins swap. i guess you need to check the coins you are holding to make sure it still kicking in the market |
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Was just over with the team in Telegram and the mvp will coming out later today. You need to KYC for it though. It might be a barrier for some but we will see when it comes to life.
Yeah, having to go through a KYC process is mandatory to test the MVP unfortunately. I am wondering if they will have an extern company doing it for them and how long it will take until you can get verified I can imagine not a lot of people will try out the mvp because most people hate to do the kyc. But it is important to do the kyc to bring security against scammers. So even Onam depaneds on KYC? aren't there any other special security method or pre action? I guess it's nothing for scammers to pass a KYC and keep scamming... this is a serous problem of the KYC rules, because some of the project uses KYC and we are not guaranteed that all the Photos we send to them will not be use to steal our identity and used it to another project for the multiple KYC account. I am not happy doing such KYC in some reason but if it is must and on their rules and regulation i guess its ok to submit to get involve such a good and well developed projects |
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No wonder this platform have a good investor/supporters at the very early stage almost a day they already raised million.Soon the softcap will meet in no time, no doubt for the team are so blessed to have supporters due to their good proposal as the platform is fully develop. They are in there final stage of of security audit of the MVP/BETA of ONAM lets wait for the good news by the team soon. |
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here in the Philippines, there are some of the airlines already accepting bitcoins for traveling tickets. I am so happy that even here in our country is gaining some adaptation of crptocurrency and bitcoin as payment, I do hope that more of the airlines company around the world will also used crypto currency as a payment for traveling tickets. check the link of the article wrote by Mike Mislos below, you can check the article and maybe if you also wanted to visit Philippines for a vacation you can try to book a ticket using bitcoin. https://bitpinas.com/feature/philippine-airlines-bitcoin-buying-flight-tickets-with-cryptocurrency/ |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
maybe you got the point in terms of majority member HODL their coins you see, there is other coin allocated to marketing team, dev team, hunters and so on i know that most of them are surely cant hold their coin at 100% not to mention those so-called easy cash hunters. You see you have the point if you want to make the market continue to flow it is a good thing to buy even more since the coin is somehow worth to hold to gain good profit and also help the project continue and stay alive |
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Message from our CEO.
"We are officially in the final stages of security audit of the MVP/BETA of ONAM Exchange. If everything goes well we should be live in just a few hours."
"MVP was originally meant to be released at the end of November and only showcase UI and Matching engine, but we decided to step it up and technically will be releasing the Beta version of the Crypto to Crypto trading of the platform."
"I am humbled by the support of our community and investors. Over $1.25M raised in the last 45 days and countless partnerships secured. Thank you."
Keep an eye on onam.io
Big things are coming.
releasing BETA faster is a good thing. maybe when investors see the platform they will be more interested in the Onam project. and 1.25M a great achievement, hopefully it will continue to grow every day. Sooner or late after the beta was released i am sure that the they can raised more than we expected since the platform is being develop for the best of everyone. There is a lot of investor sees already what this platform will become in the future, maybe raising $1.25M is a sign that surely this project is going to be huge |
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Not sure if it has been mentioned here but Damian, an admin in the official ONAM Telegram, just confirmed that the MVP will be released on Sunday!
Yeah, saw that on their telegram group I’m really looking forward to it It's really great, That's mean MVP is releasing today. Where we can check the MVP? Can we have more details about it? I didn't found the details about MVP. Which Sunday you guys are talking? Today is Sunday but I don't see any updates news yet about it on any social media. They have planned to release the MVP this weekend. One Admin in Telegram verified that the release is tomorrow evening. Too bad, today I could have tested the MVP more extensively. Me either but still i am hoping that today would be the release of the MVP since they announce that the release will be tomorrow maybe its good to wait for a good progress tomorrow. Slowly but surely its for everyone sake's and i guess the team is still working hard for their good features to be implemented in their platform. |
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nagkakataon tlga sometimes that we encounter emotional behavior in tradings mahirap na lalo na kung bagohan ka palang sa crypto whether you have higher funds or few.
Sinabi sakin dati ng friend ko na trader maganda magtrade when you have a big profit because you become the price manipulator, i didnt experience that since i am not a daytime trader but sometimes he become emotional trader and sometime lose and gain some profit, he said also that when you lose the train hold and move on, you can cut the lose but still your goal is to gain profit, Trade and keep moving forward sabi nya.
Still thanks for the info
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i guess it will not come to an end like you want to say, maybe we are early adopters which we know now to know whether the project is good or not before joining the project bounty campaigns, most of us started a newbie and we tend to participate in any project as long as it is easy to be done and hoping to get a good payment in the future. Sadly to say that some need to get scammed or get a cheaper cost of token after the coin listed in the market, still just be patience and soon you will get a good coin that will change your life. just keep holding your coin until the market fully recovered and gain better profit in the future
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do we need to post our everyday meme proof in this thread to show the proof since we dont have a weekly report for meme bounty.
thanks for the answer
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Hello all.
Well, i and my team have carefully studied the Bounty Market and we have noticed so many flaws on how the Market is being Managed. But i really want to hear from you all, especially those who have been involved in one Bounty Hunting or the other.
We have been heavily funded ( a partner) to provide a world-class Bounty platform i really need your suggestions.
This is a good proposal actually where is more bounty hunters (legit and competitive ones) are looking for if your bounty platform succeed. Many bounty hunters are having a big problem in choosing a good project to participate and invest there time and effort doing it for weeks and months using their own or private social media account to promote some project and end up nothing/scam. Its so hard to find a good and competitive hunters since there is more issues going on just to participate in such bounties maybe an intensive requirement may be used like example of proof of their work from their previous project, with a recommendation from the bounty managers or staff of the previous project is also good too. |
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