congratulations to the Onam team on the recent development in the fund raised in getting close to the soft cap. This is something laudable as far as I am concerned considering the current market movement Yes, I also saw the announcement this morning, raising 80% of softcap is a massive achievement. Hopefully, it won't take too long for ONAM to raise the full 100% of their softcap. After they have hit the softcap, the team will have the minimum funds to develop the project. We are on the verge of making history with ONAM Exchange. MVP is out soon. And already team ANN they made 80% of softcap. That’s a great news considering crypto market status. It’s good to know that when the market comes back to normal, ONAM would be there to take over. |
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From what I have read so far about securix, I see that we will get a 45℅ ROI after one year.Do I have to invest again after the end of that year? I mean if I want to go a 2nd year, do I need to reinvent? Seems there is much confidence in hodling SRXIO tokens than BTC..lol
They believe they can become better btc and the team has a lot of faith in the project. For your first question I will have to take it to the admins in telegram. Or you can also ask them yourself if you have the time. I know it’s the first time we are seeing a tokenized Mining plan. But you got the main point all wrong. It’s a monthly income. 45% each month. Secondly, it’s passive. You don’t need to do nothing. Just hold SRXIO tokens and each month, you get ETH (value of same btc profit minined) to same wallet. It’s a nice concept. |
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No to what I understand it’s on both sides their taking the power away from the site and giving it to the consumers to protect their own information and grant permission
That makes the idea of a decentralized economy. Every user has the right to person data. Decision on how much of your data is private could be made by the user by clicking a few buttons. |
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What’s with crypto market today?
Bitmax.io transmining and reverse mining launched today could help investors buy up more of the dumping tokens.
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Covalent protocols when done would limit access of 3rd party to internet users personal data. That would keep users in control of their data.
I think that’s really nice. What else do you think Covalent smart internet could offer internet users. ?
I have to admit. For me, it's still a bit abstract or quite hard to imagine how their new Internet protocol will work in practice. But their approach to stopping data abuse is their most important selling point if you ask me. I think there was a video about how it all works. It is practically just replacing the conventional https:// with COVA:// and all data will be protected. It looks easy when you put it that way. The team would be doing every internet user a favour by creating a smart internet. There are many ways to protect your personal data. You could stay offline and pretend the internet doesn’t exit, or you could use a smart internet and keep your data Strictly Private. |
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I think it is a good thing to have a Youtube channel because there the video can be seen by everyone, of course and so it is useful for people who see the video and hopefully it can be copied by other projects as well
As far as I know they do have youtube channel and they have posted lots of videos there. Scroll up couple of messages and you will definitely find the link. Also somebody posted youtube messages here. Here is the link to the Securix youtube channel: https://www.youtube.com/channel/UC6NbXR12fV5YVYS1wTf1GYA/videosI wonder that there are only a few subscribers and viewers I guess they just started the YouTube channel and have not done a lot of advertising that required them to use the YouTube channel, another thing is that they most people in crypto don't really go on YouTube that much compared to Facebook and Twitter. The team is mostly focused on the private investment and I think it is smart given the current bearish market. I think it makes more sense to target those investors as they yield better returns. Oh you noticed that too. That’s a smart move from the team. They got a head cap target to reach. they burnt the bridge so there’s no going back. also they’ve promised no adjustments to first payment dates. With the determination I see from the team No doubt they are going to deliver. I guess private investments focus of the team would do the magic. |
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This is an interesting news at this point in time when every other exchanges try to increase the fees and get as much as possible from the traders. This is a good opportunity, considering that there are still expensive costs from various exchanges, maybe this could be a temporary alternative and could save costs of course. I don’t think it’s temporary. They had a system/website upgrade recently and updated the exchange with more cool stuffs to give lower trading fee to users. |
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I guess the MVP has been pushed back to the evening of Nov 19th, the team is looking to implement the beta version of crypto to crypto trading and not just a feel of the UI, I personally think with every delay, we are one step closer to seeing a master piece.
Well, if you consider that their initial schedule for the release of the MVP was the end of November, we shouldn't complain that much when we get it on Nov 19th instead of Nov 18th. A masterpiece from ONAM team that would be appealing to investors. I think it’s best when they plan to release the MVP it should have all the features for trading. If it’s going to take a few days, am sure we can wait. I hope you won't be willing because many can't wait to ask for their special MVP, I, I hope that the best service is implemented here, because this is an important thing that many people are looking for Yeah. I understand most investors got plans for this day. But there was a valid reason for the delay (just an extra day) which was that they plan to added more features. If that’s correct then we should wait. I’m 24hrs we would have an MVP B |
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Are there any other projects that have the same or similar idea as Cova?
I know of Datum, for example, but they have a totally different approach to bring back control over their data to users if I remember correctly (so no real competitor).
I don’t think they’ve any strong competition, their idea is unique to start with, I see them doing very well in time to come. There are no competition yet. Some similarity with some dataprivacy projects like DATUM, but COVA PROTOCOL is not just about data privacy. But I think COVA smart protocol would make a smart internet from user data this time with the permission of users |
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I don’t remember if it’s green or not but I know they were getting the power purchased in bulk to cut down on overall costs and keep the business as profitable as possible
Yes, it’s a Renewable Power Source and it would be purchased in bulk to give more profits. It’s great planning to make long term investments, if both parties keep to the contract, then we’ll see more monthly income. |
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I guess the MVP has been pushed back to the evening of Nov 19th, the team is looking to implement the beta version of crypto to crypto trading and not just a feel of the UI, I personally think with every delay, we are one step closer to seeing a master piece.
Well, if you consider that their initial schedule for the release of the MVP was the end of November, we shouldn't complain that much when we get it on Nov 19th instead of Nov 18th. A masterpiece from ONAM team that would be appealing to investors. I think it’s best when they plan to release the MVP it should have all the features for trading. If it’s going to take a few days, am sure we can wait. |
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Bitmax would launch today trans-mining and reverse mining. On transaction mining you get back your trading fee Unlike most exchanges. “when you trade on bitmax.io, instead of simply deducting the transaction fees like how most exchanges charge, BitMax.io deducts the transaction fees from your balance but then distributes this fee back in BTMX tokens of the same value as the transaction fees as an incentive“
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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!
Thats absolutely true. And that is just few hours from now. I am looking forward for it. I heard that they are testing many coins at this moment. That would be great. Actually they got 25Coins for the test. These would be the first coins traded on ONAM Exchange. Other coins would be listed on the Exchange in time. These 25 coins makes the top coins on CMC. |
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You have rightly explained the whole process, it is a well thought out idea by the team. Also, I heard them make mention of buying unused energy from people who have excess energy
That would be great. Electricity sets the mark as the primary cost in mining. Getting a cheap source would increase profits. What percentage of the cost of mining is the charge for electrical energy? How much can you save on cheap electricity? I don’t have the details. Securix team could give an answer to that. But low electricity costs cuts down the cost of mining. That’s a fact. |
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What’s the update on Onam Exchange MVP? Has the MVP already been launched? If yes then it's big new you have there! Was waiting for it for a while! I hope is would mean a significant influence on ONAM ICO sales. Hope it will be available for the whole community 😊
I got information from the team on Telegram that it will be available by tomorrow (Sunday), I haven't confirmed if that is still the case though but I am hopeful. Wow. You mean the you get to See the MVP tomorrow!!! That’s great news. Yeah That would certainly have some effect on the token sales and boost early investors confidence in the project. Btw, we need to wait for ONAM team reply. |
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Hello, I'm really interested at mining and specially cloud mining. I've already invested in other cloud mining companies and I am not satisfied with the revenue of them since they are not using ASIC mining. So I really count on this project. But please can anyone tell me what does mean by EAN?
Thanks
I don't think Securix is a cloud mining business, I strongly doubt since they are going to run an actual farm which is going to be operational in Febuary, however EAN is a genius way of energy conservation of the operation using green energy I don't know what EAN 2 EAN exactly mean. It is a peer 2 peer network for electricity. If your neighbour has solar panels and produces more energy in the summer, you can buy the overproduced energy cheaper than from the energy provider. He will also get more than from the energy provider. Both parties profit from the system. EAN 2 EAN in this regard according my understanding of it means that the Securix mining project buys green power directly from the source without any intermediaries or third parties, i.e the energy supply is direct from supplier EAN number to Securix EN numbers which makes it very safe and secure for the mining process. You have rightly explained the whole process, it is a well thought out idea by the team. Also, I heard them make mention of buying unused energy from people who have excess energy That would be great. Electricity sets the mark as the primary cost in mining. Getting a cheap source would increase profits. |
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well DATA Theft has really been a huge problem for present days! we needed a CURE, a solution to protect ourselves from being exposed over internet! and i stongly believe can COVA can change it!
Covalent smart internet protocol seem to be a near solution. But I think it’s going to take some time before we would see a full project from them. I don’t think we got much time on our side. However, let’s see how long it takes for team to announce testnet. |
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Covalent protocols when done would limit access of 3rd party to internet users personal data. That would keep users in control of their data.
I think that’s really nice. What else do you think Covalent smart internet could offer internet users. ?
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Well with the transactional mining getting ready to kick off soon I guess that means the platform really is in the home stretch to becoming what they set out to become
Yeah i think mining is already started! And its going pretty neatly! I like the fact they have a reverse Mining system keeping things balanced in a very perfect level! Trading digital tokens on bitmax would be easy and more profitable. The promotions are starting to payoff. More volume on the exchange and it keeps getting better with bitmax. Maximize trading with bitmax. |
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data privacy is everyone right. but some greedy companies don't agree with that. Covalent believes everyone should have control over who has access to personal data and how much. that only be done on a smart internet like Covalent protocol. when would this be available?
Yeah. Everyone wants that too. A full and automated control over your data. You could set the terms and seek your data when you feel it won’t be misused and that’s Covalentprotocol stance. This protocol would have the testnet to be announced soon. Inventions like this take some time to get it right, but Blockchain Technology And a great team they got, we should expect great news from CoVA team soon. |
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