What about we do some signature campaign giveaways? Coins like Espers get a lot of followers by ensuring a wider distribution.
Sure, do you mean they receive payment in MUE? Is this something you'd consider running? Yes, but after the Waves campaign is over as there are too many people who will wait for it to end before changing signatures, including myself lol. But it will be best if we combine it with some development release like for example the playmue or mueplay, I don't recall the exact name. Or perhaps something else. The tricky part is what amount to put for the campaign, as on one hand you want it to be meaningful on the other you don't want the people to dump immediately what you give them. We could set up a donation address for people who want to participate. I could donate around 500k for example for the campaign. We can then run the campaign for one month to raise awareness and after the campaign is over we split the donations pot to the number of participants who qualified. In addition to this I could do a special giveaway for Twitter accounts with over a certain amount of followers who post something nice about MUE with certain hashtags. All sounds good. I'll add 1 million to the pot. www.muegs.com (the gaming platform) hasn't be announced yet... I'm waiting for an update from roslinpl about it |
|
|
|
What about we do some signature campaign giveaways? Coins like Espers get a lot of followers by ensuring a wider distribution.
Sure, do you mean they receive payment in MUE? Is this something you'd consider running? |
|
|
|
Why is this important? I can see it having zero effect on the price. Feel free to make suggestions on what will affect price. |
|
|
|
This is great, thank you. Looking forward to the pi3 software, though my gathering dust pi2's ought to get plugged in  |
|
|
|
Wondering whether we should/could discuss the way block rewards are paid out.
I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc
I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?
So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful? The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners. The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype. Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch. Thanks for taking the time to engage. "go full POS wtih very low rewards" - This is everything I don't want to do tbh, it's also a huge amount of ammo for fud/scam accusations based on the current distribution, which wouldn't be eroded as inflation would be significantly reduced. I like the idea of new comers being able to be rewarded, but not having to use a high spec PC or GPU. Nodes could be a raspberry pi for example, which is attainable for a much larger group of people than a high spec CPU/GPU. I don't have a "fixed" idea and I/we are open to any feedback. Let's be honest, 99.999% of the human population would never mine a cryptocurrency, however the percentage of the people who will buy one is much larger. The newcomers that you are concerned with should be the investors and not the miners. Anyway, I am too blond to engage in lengthy discussions. Fair point. I quite like the "middle ground" offered by the hybrid pow/pos of decred. |
|
|
|
Wondering whether we should/could discuss the way block rewards are paid out.
I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc
I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?
So effectively you plan to reduce the rewards that the miners are getting? I believe it is too late for that. This is not the spark that the coin needs at the moment. If you want more coins, you can pretty much buy as much as you want for nothing on the open market. What part of the block rewards are you going to send to the development fund in order to make it meaningful? The biggest problem of this coin is the very tiny marketcap which is the result of lack of interest from buyers and the constant inflation from miners. The best thing could be to cut the supply and mining all together and go full POS wtih very low rewards. This should give the coin some momentum, which you can use to launch your new projects and build up on the hype. Anyway, something needs to be done as there is a lot of competition and you can't just sit and watch. Thanks for taking the time to engage. "go full POS wtih very low rewards" - This is everything I don't want to do tbh, it's also a huge amount of ammo for fud/scam accusations based on the current distribution, which wouldn't be eroded as inflation would be significantly reduced. I like the idea of new comers being able to be rewarded, but not having to use a high spec PC or GPU. Nodes could be a raspberry pi for example, which is attainable for a much larger group of people than a high spec CPU/GPU. I don't have a "fixed" idea and I/we are open to any feedback. |
|
|
|
|
We'll be accepting BTC payments as well, in the coming days.
|
|
|
|
|
Wondering whether we should/could discuss the way block rewards are paid out.
I quite like the way DASH has been set up.
Each block reward is shared by the miner, full nodes, and some is kept to go towards development etc
I think this is a sustainable long term model, one that was not available to me at the time I commissioned the work to be done.
Thoughts?
|
|
|
|
|
I notice several users still using the outdated Android wallet.
Please update asap to avoid coin loss, plus it has added security & functionality.
The latest version is v0.4.0.5
|
|
|
|
To be honest I am not very sure what to make of the big increase in volume and the almost total lack of price movement.
Bittrex shows a low of 59 and a high of 82 which is pretty good movement really, 39%. Funny thing is you can look at nearly every crypto with significant volume and there is next to zero price movement. Hopefully these are good signs towards more exposure for the project. |
|
|
|
By the way what's up with the big volume today?
Not sure, nothing to do with me, could be one of the team but I'm not sure, either way it's good |
|
|
|
I want your views on why MUE isn't getting more traction. Thank you,
That's a reasonable question. Fancy kicking off the debate with your views about why? Sure, I will brainstorm a bit. First I believe that big bittrex wallet which is obviously selling at these low prices is scaring people. If I were you I would move around 8/10 from that wallet out of the exchange. Second which is related to the first one, it's pretty obvious that a large amount of the coins is held by very few people. Third for some unknown to me reason it looks like the crypto community does not value this project except for a few guys, myself included. Now's your turn. Bittrex wallet - I didn't really think about my Bittrex wallet tbh, fact is it's just easier for me to keep there, but I'll rethink that though, fair point. Selling - I have had to sell some recently to help fund some things, not entirely fund them, but just help a little bit towards things e.g 1 BTC for the ROKOS integration here3 BTC for 3 month rental of 60mh GPU rig & 0.5 BTC for 4mh rig hereSold some MUE at the higher rates to stick in a buy wall at 60 sats, which soon got eaten up, but I also pulled half way through (see above) I "may" have sold about 1 BTC worth of MUE the past few weeks, compared to the probably 5 BTC I have bought in the past few weeks to invest in the project. Distribution - from https://chainz.cryptoid.info/mue/#!richTop 10 40,512,579 MUE 46.19 % Top 100 78,730,988 MUE 89.76 % Top 1000 86,929,062 MUE 99.11 % All 94876 87,714,040 MUE 100 % I think that is reasonable distribution, but also take into consideration inflation, see hereCrypto Perception - Yeah true, but honestly their loss. The majority of the crypto crowd want to jump from one pump and dump scam to another. Let them carry on doing that. I set out from day 1 to do things differently. If it takes 10 years before people have ran out of BTC from all their ill judged investments then look for a decent bunch of people running an honest project with long term sustainable and equitable goals, then we'll meet up with them in 2026  I don't know what the future holds, but the current team wants to keep looking to the future, we have no plans to bullshit people, now or ever, and will continue to build what we think is a project that will be fair, inclusive, sustainable and stable. Fair enough and quite transparent. In other words you are running the "stabilization fund" if Brian Kelly allows me to quote him. Well, we have 4 million in a multisig wallet that I don't believe we've touched since it was set up (address in the ANN). My MUE funds are totally what I have bought or mined personally, usually by sticking in buy walls to help prop up the price. |
|
|
|
I want your views on why MUE isn't getting more traction. Thank you,
That's a reasonable question. Fancy kicking off the debate with your views about why? Sure, I will brainstorm a bit. First I believe that big bittrex wallet which is obviously selling at these low prices is scaring people. If I were you I would move around 8/10 from that wallet out of the exchange. Second which is related to the first one, it's pretty obvious that a large amount of the coins is held by very few people. Third for some unknown to me reason it looks like the crypto community does not value this project except for a few guys, myself included. Now's your turn. Bittrex wallet - I didn't really think about my Bittrex wallet tbh, fact is it's just easier for me to keep there, but I'll rethink that though, fair point. Selling - I have had to sell some recently to help fund some things, not entirely fund them, but just help a little bit towards things e.g 1 BTC for the ROKOS integration here3 BTC for 3 month rental of 60mh GPU rig & 0.5 BTC for 4mh rig hereSold some MUE at the higher rates to stick in a buy wall at 60 sats, which soon got eaten up, but I also pulled half way through (see above) I "may" have sold about 1 BTC worth of MUE the past few weeks, compared to the probably 5 BTC I have bought in the past few weeks to invest in the project. Distribution - from https://chainz.cryptoid.info/mue/#!richTop 10 40,512,579 MUE 46.19 % Top 100 78,730,988 MUE 89.76 % Top 1000 86,929,062 MUE 99.11 % All 94876 87,714,040 MUE 100 % I think that is reasonable distribution, but also take into consideration inflation, see hereCrypto Perception - Yeah true, but honestly their loss. The majority of the crypto crowd want to jump from one pump and dump scam to another. Let them carry on doing that. I set out from day 1 to do things differently. If it takes 10 years before people have ran out of BTC from all their ill judged investments then look for a decent bunch of people running an honest project with long term sustainable and equitable goals, then we'll meet up with them in 2026 I don't know what the future holds, but the current team wants to keep looking to the future, we have no plans to bullshit people, now or ever, and will continue to build what we think is a project that will be fair, inclusive, sustainable and stable. |
|
|
|
I want your views on why MUE isn't getting more traction. Thank you,
That's a reasonable question. Fancy kicking off the debate with your views about why? |
|
|
|
|
This project is now live.
Please check out mue.BitcoinPrizeDraw.com
Buy 10 tickets for a 50/50 chance of winning a BTC prize.
|
|
|
|
Work has restarted on this project with further developments and improvements to come in the next week or so. The dev of this project is sojuz88, and we look forward to seeing what his plans are |
|
|
|
|
Show Posts
