Time for change is here, we have decided the masternode would be the best for cobra, now it seems that roadmap is completed missing just the upgrade to a masternode coin, and as we said we do
adding a solution also for XBRA holders.
COBRAX will be an especial coin. indeed cobra is a legend already. We have registered peers from almost everywhere in the world.
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https://github.com/cobrabytes/cobrax/releases
https://discord.gg/jQpCf7jCobraX Coin – A Decentralized Data Sharing Platform, Hosting, and Content Distribution Network through Masternode Network.
Coin Specifications
| Specification | Value |
| NAME | CobraX |
| TICKER | CBRX |
| ALGO | XEVAN |
| Block Size | 3MB |
| Block Time | 300s |
| PoW Reward | 10 CBRX |*
| Masternode Requirement | 5,000 CBRX |
| Port | 23777 |
| Block Reward Distribution |
10 CBRX per Block
| Masternode Reward |
|:-----------|:-----------|
| Block | Reward |
| 30% for Stakers | 70% of Block Reward for Masternodes |
The Cobra X project starts as follows.
The first point to solve is the swap with Cobra and Xbra, as the two have different value in the market, the amounts of the swap will also be different.
01.-Let's start with XBRA, the obligatory swap that elapsed in Tradesatoshi, through the currency accreditation in the agreed swap ratio. XBRA is not being mined many months ago and no one, except developers, has currencies outside the exchange. Those who have XBRA for the specific day will be credited with COBRAX, immediately next to its launch in the market.
02.-Cobrabytes coins [Cobra] Can't be fully swapped at exchange for several reasons, there is a high level of complexity in the operation, the cobra that have already been the subject of swap have to be sent to the developers. Cobra is still in exchange since it already has all the services contracted, the future of Cobra is not safe, meanwhile it must be in the exchange until further news.
Once the swaps are finished, we start with the testing, and launch of the platform, which will start with Exchange and a faucets network.We want to provide an exchange space between developers and public in general, as well as facilitate access to free cryptos to those who can not pay.
To carry out our ideas, we want to enable a chat, where to talk about anything, or in the thematic rooms for something more concrete.Here We offer a door open to developers of other projects to host a source for the enjoyment of their community and newcomers.From the COBRAX early days, we find a clear use for COBRAX in real life.: You Can Take care of any kind of service related to this world, just talk to us, and we'll come to an agreement.We only accept Cobrax and Cobra as payment for our services, creation of coins, explorers, pools, purses, you can even order a website or any graphic work.
Simultaneously, we will open COBRAXCHANGE And a new utility for COBRAX, everything, everything works with Cobra gas in our exchange. You need Cobrax for your withdrawals, or to list a currency, to pay the host of your Masternode, etc. COBRAXCHANGE, is created and testing already, not a ''I will do tomorrow''
Another basic pillar in which to work while the first few months is the socialization and contact with more members of the community. Twitter, Reddit, discord and forums have to be taken care of regularly.
We Are preparing a MAXI Campaign for Bitcointalk, lasted 3 months During the first three months of life of COBRAXCHANGE, We will give COBRAX Free in function to the volumes made in our exchange. In a relationship 1-1 with the bitcoin you paid for fee, if at the end of the month you paid $5 in fee, for example,at the end of the same month you will be accredited with $5 in the value of COBRAX. At the same moment we made the rest of the promotions planned for the last quarto 2019.
The team destined for this important mission will also be assigned to contact exchanges, new partners, traders and anyone who can benefit from joining the Cobrax network.
Our technical developers also have a good scheduled winter, not only with COBRAEXHANGE, it's going to be fun!With This we hope to be busy enough for the next few months, and we have set the start of next year as a goal where we need to reach the goals, which for this year are simply to adapt the project for everyone, have a good and solid user base, a level of trust and a significant number of users and volume of trades to be added to Coinmarketcap and Recognized markets.
Thinking about a COBRAX masternode has to be like thinking of a luxury that not everyone has access to, in fact the maximum amount of coins that will be generated ranges from 29 m in 25 years.
the pre-mined amount will be destined to the total and obligatory swap of XBRA. and the voluntary swap with COBRA. We have pre mined 4 million, to swap 2 coins.
For us, keeping this roadmap, complete and timely, is very important, because we can move forward. If all goes well, from here to one year we will have reached the goals that take us directly to the most exquisite part of the plan. The registration of the team and company forming a society according to the needs of the law.
Although It is true that we are the developers of COBRA, and that everyone knows us as good people, besides not being new here, which is a guarantee but the time to join a project where developers hide behind a newly acquired profile, we will Not go forward if this requirement to run a registered company and pay their fees cannot be fulfilled. In Addition, it is the only way to claim help in almost a major issue, as the hack that happened to our friends Cryptopia For all this, and by parts we have set a deadline and 10-12 months aprox, at the end of which, the second part of pre-sale will be released to finance the remainder of the operation that includes significant expenses.
The idea of a new economy must be accompanied by the necessary tools for its development. We wanted to contribute our 2 cents to this historical moment in which we live, that is why we created CobraX, our bet for the future, and natural replacement for Cobra and Xbra.
Since those years when everything started, the evolution of blockchain technology has gone through many stages, without reaching a global solution that is accepted by everyone. Some of the projects opt for the latest technology, but forget usability, or what is even more important, accessibility.
CobraX is focused from the first moment in offering a global solution to this problem, we have created what from our point of view is the ideal solution. CobraX starts this journey from the solid basis of accessibility. It means that anyone, anywhere in the world, and simply with a mobile phone and an Internet connection, can use CobraX and all its related services.
We have decided that the best way in which our idea can be represented is in the form of a masternode coin with a variable free fork erc20 token, which opens a wide range of advantages that we already have from the moment of departure.
The erc20 tokens are accessible to all, easy and fast, being able to choose your favorite wallet, and without the need to download and install heavy files, and with all the security and functionality guarantees of the ETH network.
We have not been able to refuse to adopt the best of old school coins, or its sometimes inflationary rewards system for holders.
together with the masternode rewards ,Now you will have your reward if you decide to save your coins in the medium or long term. Therefore, CobraX. is from its birth an example of usability. To support this idea, we have created what would be a network of knowledge and relationship with users. Offering them the possibility of using their currencies for the payment of the multiple services that you can entrust to our developers. If you have any idea to develop, do not hesitate to tell us, together we will focus with the right prism.
During the first months of our project's life, we will move on to the next phase that ensures a more solid position, at levels of trust and knowledge with the community, which for us represents a basic and indispensable pillar without which the project will fail.
We are talking about our own network, consisting of an exchange where you can exchange bitcoin and other digital currencies together with other services, a second-hand market and a space for freelancers.
Of course CobraX plays an important role as arbitrator in the situation, because it will automatically be the currency currency on which the ecosystem revolves. CobraX uses are multiplied then. On the one hand, we want to match the fees paid by our users, with the equivalent amount in CobraX.
This not only represents an incentive for traders, it represents that, on paper, fees = 0 or even, meant that with the wise use of your rewards, you can get a good amount of profit.our coin is also the gas for transactions, that is, what is necessary for outputs.
We will initially have a small number of coins in the platform, which will be increased progressively depending on the demand.
. But, regardless of the amount of our rate, it will always be paid with extra-tickets.
the usability section by third parties. As we have said before, our choice was a masternode coin coming with a free ERC20 token, here we have more important reasons: Our token can be adopted in minutes by any merchant in the world to accept payments for their services.
It is time to introduce ourselves to our marketing and commercial development team and their plans to make us grow rapidly in health and harmony. Our strategy begins by giving coins to our merchants for the simple fact of adopting our currency as an official means of payment and continues with multiple promotions.
For example, the first three transactions of each merchant with our token will have a bonus. There will also be a bonus for the first users using our coin to pay their e-bills. The rest of the premine will be destined to a small pre-sale in three phases, a first distribution of a limited number of coins to a fixed price, a public auction of lots and a subsequent sale to the market with the base price reached.With this we will have to pay the costs of adding the project to important exchanges such as Yobit, cryptopia, coinexchange.io, tradesatoshi and some of greater caliber if possible. It is a basic pillar since we need to figure in coinmarketcap and other rankings.
swap start now. Pending for the final mandatory swap or not mandatory, Swap started for early adopters.
Swap ratio 1 cbrx = 150 cobrabytes [cobra] SWAP depo ADDR CTAwuxVJTbQC8eg2XW93RRT5NfiHkX2ELG to swap cobra in this early access round:
1-Send your COBRA to CTAwuxVJTbQC8eg2XW93RRT5NfiHkX2ELG
2-download cobrax and get your receiving address
3-Get a transaction ID and a screenshot of the transaction, from your wallet or from tradesatoshi wallet.
4-Attach your required 1-2-3 points in a claim in discord channel
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COBRAX will be listed in tradesatoshi soon, we are evaluating with their directive a fee for a double swap, but if we do not reach an agreement, only XBRA will be swapped at this exchange
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Wanted to give a bonus to those swaps happening during this phase, we've have selected an ERC20 token to be sent for free and in a ratio 1:1 to the users that swap in this period. This token won't be promoted to trade satoshi but it will be promoted to yobit. Hopefully we get in
Now we want to invite you to download our purse and start the cobrax adventure with us, if you still do not have COBRA, or you sold them, you can still buy them in exchanges and join the swap. We consider that the first ones that join, will have more opportunity to buy charges before , and cheaper which is already a stimulus and a good bonus to go running to the swap. Therefore, we do not have any other bonus to offer. We know that the bonus depends on the speed at which a person can make up their COBRA, set up a node, and start gaining, or simply leave the coins in POS, which will start generating more coins. , four times best.
You can find us in the forum, whatsapp, telegram, discord, skype 24 hours a day 7 days a week, we will be happy to help you.
I personally wanted to give an immense hug to all those who have been with us this past year. We would never have gotten here if it were not for our unconditional ones.
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