There's recently been a few various energy projects entering the cryptocurrency market. This one seems to be best poised to follow through with their plans.
They already are, two power plants bought producing 10 MW, another due to be built next year, and this other rumour in Puerto Rico. It ain't rumors bro, it's been confirmed by the team and its everywhere in the telegram group, one power plant to be set up in Puerto Rico is confirm news  Yea, the whole place is buzzing about it and i believe i saw that on YouTube, so is actually confirmed that they do intend to have a power plant in that country, this just turned out to be the biggest ICO of 2018, yea, is not easy pulling such feat, so is left for the community to hodl and i think they will because as the popular saying goes, action speaks louder than voice, 4new is giving us a taste of that and they should keep it coming I did not know that was confirmed news i thought those were talks. That is great that Puerto Rico is a in the books now. was a launch date set? |
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" Superbloom members receive on a yearly basis various tokens valued 10–20% of their SEED holdings. This is a very attractive line which I wasn't aware about. I'm all about yearly basis divend payments, these are the projects which I like to invest in offering a yearly profit payout aswell as the token coin value natural growth So let's say I am holding $1000 worth of SEED tokens. This means I would get various tokens worth $100 - $200 from the projects that hold their ICO together with Superbloom, right? So I guess this $100 - $200 are ICO or pre-sale prices of these tokens? I checked the whitepaper and I can see that there will be priority access if you hold 100000 SEED tokens. Priority access depend on the number of tokens you hold. Priority access depends on the the holding of SEED and the other part is also true; you get rewarded yearly in tokens based on the SEED holdings you have. Each ICO that is accepted to run through Superbloom must pay those tokens. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Yeah. Still consumers and small company can still benefit from this setup. I think Bittwatt is not just for big companies but i think the big companies would yield better results for bittwatt given they will be demanding the larger portion; my guess is that individuals would mostly use it to trade. You are right, once the demand kicks in, a lot will be taking out of circulation and with the amount of partnership news flying around, i see this happening, the industry is one that has to do with more of giving rather than receiving, we are talking about energy delivery, supply efficiency and flexibility and this is done in an environment that works on transparency It says in the Whitepaper that if an energy supplyer from a country wants to join the Bittwatt ecosystem, they will need to own at least 1 million BWT , and have at least 50.000 users. So yeah, there will be a great demand for BWT once more companies will join the ecosystem. I think if a big company will join Bittwat then other companies will also try to join them and as you say the demand will go higher then for BWT. They need to work really hard to ensure suppliers joining. Since to join you need to have a set of requirement satisfied. I think that should be reduced upon launching as an incentive to create traffic on the network. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Yeah. Still consumers and small company can still benefit from this setup. I think Bittwatt is not just for big companies but i think the big companies would yield better results for bittwatt given they will be demanding the larger portion; my guess is that individuals would mostly use it to trade. Hmm I think it would be more beneficial towards companies bearing in mind the amount of supply they deal in and would be hugely cost effective to move over to a powerful solution like this, once it has been further developed and tested of course. It would be interesting to see different energy suppliers competing to deliver at least now we will be looking at quality service from those. I think it would be great if they allowed power generator rentals as well that would be great. The competition part is gonna be great for every one. The generation entering part I don't think that would really be awesome as you are seeing it. Because there are few guanine the generation part I think the best part in all of this is that according to the whitepaper would actually solve major issues in current process of energy trading. Especially that trading is still heavily dependent on paper work and redundant steps. |
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oh, i missed this post yesterday. very nice to see vanig on CCN. will read this one later that's a good sign, because CCN reports only about good projects CCN does definitely check the projects they are publishing an article about. But, just in general, we have to keep in mind that this is a sponsored article. So the project paid to get it published on CCN. Not saying this is bad. I am sure a lot of new people learned about Vanig due to this article. Agree it's a sponsored post, but it gives good information about Vanig project. It's good way of marketing as also. It is still a form of marketing and this is a must if they want the project to go far. And also the site is a very well respectable site that won't just post about any project. It is a marketing approach; I am not sure how much it is to publish but I think it is great that such sites mention that it is a paid posting. It is like you are paying someone to publish a news for you rather then you publishing it in your own channels and lack audience. |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply? Max token supply can be calculated based on hardcap goal. Good thing is that we don't have to worry about unsold tokens. True, this is the most efficient way, because you will have less work to do like burning it after the ICO. This should be the standard for the new Icos. I don't know why they still don't use this way. Another interesting method is to create the tokens onse the token sale is over. If there are unsold tokens, you just dont generate them. Yeah, but you will not receive them quickly after you have invested. Sometimes it can even take longer, if the team decides to slowly generate them after the ICO. It is true that it would a long time before you receive your tokens, but I think the impact to the value of the token is quite big if the team does decide to dump unsold tokens, burning them after token sale is perhaps better considering you get your tokens directly after purchase Even if you get your tokens earlier you can't do much with them as the token is usual opened in exchanges after the sale. Assuming you are not trading in ED or the likes. So i think it would not matter if distribution happens after the sale. |
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4new comes up with a unique project, and it will not only be a profitable business, but also an excellent form of service for humanity, since it believes that it is necessary to use useless household waste.
Household waste is already being used to generate heat and electricity, 4New took it to the next step and wants to feed a crypto mining farm Crypto mining is their first target. Once its successful, they can utilize it for many many applications in the world. World needs such environmental friendly approach for the generation of energy. I am a little bit confused about the situation how crypto mining will helpful to restore the energy? Maybe the money they are earning will use for energy resources in order to be environmentally friendly for the generation of energy? Well energy consumption is huge with the crypto mining so therefore, 4NEW is looking to provide energy by breaking tangible waste to energy through the use of blockchain technology, this will dramatically reduce the energy consumed by the miners by providing them directly electric. That is true however the better bit in my personal opinion is the usage of tokens to distribute energy; say when proof of stake is utilized electricity may be consumed less but still consumption is there. So you are providing energy and minimizing waste at the same time. You control all of that using a token. |
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I can see Emmie the hardworking CEO all smiles and at work, i have a good vibes about this project very much due to the hardworking nature of team especially CEO herself, thanks for the link and i think i have to on my notification so i get update real fast about the project on twitter I think they are in talks to incorporate in the US and they are just waiting to ensure the token is considered as a utility and not as a security. I think this is them sorting the incorporation out. I would be glad if their token is considered as utility, because right now most people are seeing cryptocurrency as a form of security. That is impeding the growth of cryptocurrency Why would it be bad for the crypto market if the tokens are seen as securities? as far as I know this just means more paperwork for the company and more paperwork for the citizen when doing taxes I think it would just mean more paper work ya. especially in the US; if they are securities they are considered stakes or shares in the company and that would have different implications on the ICO. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Yeah. Still consumers and small company can still benefit from this setup. I think Bittwatt is not just for big companies but i think the big companies would yield better results for bittwatt given they will be demanding the larger portion; my guess is that individuals would mostly use it to trade. Hmm I think it would be more beneficial towards companies bearing in mind the amount of supply they deal in and would be hugely cost effective to move over to a powerful solution like this, once it has been further developed and tested of course. It would be interesting to see different energy suppliers competing to deliver at least now we will be looking at quality service from those. I think it would be great if they allowed power generator rentals as well that would be great. |
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Today's is the last day of the week and no update on the release of the mvp. Does anyone know why? I was really looking forward to the release this week.
I asked on telegram and they told me that it was released for early members and other partners. It will be open to the public next week; so should be somewhere around Monday or Tuesday. Let us wait and see. |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
I prefer the pattern Bitfence employs for token purchase, like rathaha said no too much amount of token generated by so doing there will be no room for unsold tokens which normally gives me worries. I think that even if there were unsold tokens than a token burn would help that and it will also increase the price of the tokens. I dont think it would increase the price of tokens, the only way price can increase if people are placing buy offers after listing on exchange. Sure, people might be incentivized to do so when they know there are less tokens in circulation, but I think that as a consequence of token burning the main reason why the price would go up is because of reduced amount of sale offers Agreed the only way price would increase is if the demand increases; burning might reduce supply but that does not mean the price would increase. It would all depend on the progress they make that is what is the most important bit. |
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There's recently been a few various energy projects entering the cryptocurrency market. This one seems to be best poised to follow through with their plans.
Yeah you said it right, I learnt there is energy generation ongoing already at the 2 established powerplants but revenue generation will come later, who else can confirm this news?? Revenue generation or breaking even? If they are generating electricity and it is sold to the grid then they should be having some cash flow; I understand breaking even would come later but I think they are already making money. |
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I can see Emmie the hardworking CEO all smiles and at work, i have a good vibes about this project very much due to the hardworking nature of team especially CEO herself, thanks for the link and i think i have to on my notification so i get update real fast about the project on twitter I think they are in talks to incorporate in the US and they are just waiting to ensure the token is considered as a utility and not as a security. I think this is them sorting the incorporation out. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
The project initially is goaled on dealing with big companies and big money. And as we can see - it happens for real. They have good development plan and they realize it cautiously and inevitably. Yeah. Still consumers and small company can still benefit from this setup. I think Bittwatt is not just for big companies but i think the big companies would yield better results for bittwatt given they will be demanding the larger portion; my guess is that individuals would mostly use it to trade. |
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It’s a large supply but understandably so they are dealing with the potential for a massive market we’re not talking some minor niche market we’re talking about the ability to trade power internationally
Also the numbers when it comes to energy are massive; for example you are talking about for example 10000 megawatts or the likes; I think the most development projects would be the one demanding the highest numbers and the tokens should satisfy of course. |
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Thanks for the link. I read out that article and found some interesting info. " Vanig is forming exciting partnerships in the South East Asia region. Here are alreay some of their partners: iFashion Group, MegaxStore, iCommerce Asia. I just did a quick research on the partners you mentioned Ctrades31 they all have prominent prospects Vanig sure knows how secure good partnership. They couldn't have just gone into partnership with anybody just for the purpose of it. So one should expect that every partnership agreement should come with it huge benefits to the projects. I agree, some ICO's are too concerned with publishing partnership announcements and sometimes forget how important the relevance is I think what would be important for vanig at this stage is to have suppliers on board and the mvp ready for production to engage with orders. I think that would make the best business decision. |
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What i like from Bitfence is that the tokens will be minted on your purchase, and it is fast. While others generate too much amount of tokens, or mint the tokens at a later date. This is way better !
So basically there's isn't any total supply at the moment. The amount bought at the end if ico will turn out to be the total supply? This is pretty standard for alot of ERC-20 tokens. The contract generate them on purchase upto the maximum supply. Yep it avoids the need to burn tokens or coins after the sale is complete it’s a cleaner way of dealing with generation that’s easily auditable as you can see every single token that was generated and how it was allocated I think the only draw back with this is that the total supply would only be determined at a later stage making it a bit hard making a proper distribution of tokens. for example say 70% of token to be sold and others will be distributed according to a given plan; when you generate the token after the sale this process would most likely be hectic. |
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I must confess that I already had that thought. Since the hurricane there is a lot of garbage to burn. I did not want to mention it, since I do not think it's right to benefit from the suffering of others. But actually they are also helped, because the waste is rapidly becoming less and less. I hope the population can benefit as well Its sad actually what happened but we just have to move on with life but looking at the bright side 4new will help in cleaning the environment that is one of the major advantages i know with 4new. I think part of the main reason 4NEW decided to have a plant in Puerto Rico is to help reduce waste because when I had a view of Puerto Rico from my television set the hurricane effect really did look bad so I believe it's not all about business for 4NEW as they intend to help Puerto Rico get better. Okay, this article really shows that Puerto Rico urgently needs a sustainable solution for their waste problem. This could indeed just be the perfect task for 4New. I’ll make a note it’s not just Puerto Rico that has this huge waste and power problem other islands Across the caribbean both big and small could make good use of waste to power plants many don’t even have recycling plants let alone waste to power Agreed. but i think if they are able to get into Puerto Rico they will make for a really good case for the others to benefit from. Unfortunately the problem exist in all continents. |
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In what way does Superbloom distinguish itself from other projects such as kickico? what is the advantage to investing in superbloom?
I think the main advantage with this one is that they do the review before listing any ICO; the ICO to list is authenticated. Also there rewarding is different. With this you are rewarded based on hodling and there is not listing fee. yes, it is great that superbloom also takes over the review of the ICOs, so we can inform us directly on their side. And I guess we get the tokens from the ICOs to the cheap ICO price. There comes a lot together with time. For me, the greatest selling point of Superbloom is that you get tokens from the ICOs on the platform just by holding Superbloom tokens. I am not sure but I don't think KickICO is offering something similar. I think this is quite dominant feature than the rest. The competition usually charges for listing. Their approach is smart; you are rewarded by your holdings and above that the ico to list is thoroughly investigated. |
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Burning of unsold token is definitely a good step to increasing the value of the project, cutting circulation is super solid plan and I look forward to seeing it work
This is always the case, reducing the available supply, is always a positive return for the project, it also has better trust by cutting the idle assets from the chain reassures customers that unsold tokens don't get used for other things down the line. Thats why theirs always a push for ICO's to confirm they will burn tokens before the exchange listings In fact this process is pretty natural. Total supply of the project is the money people spent during ICO. If there are tokens that haven't been sold then these tokens cost nothing. So they must be burned not to dump the price of the remaining. Do you guys really think there will be unsold bittwatt tokens? I think all tokens will be sold soon and we don't have to worry about it. with 9 days left and the status bar almost closing i don't think there would be any token available for burning however i can't find information on total supply and intending circulating supply, kindly help out thank you If no token is available for burning. it's mean the hardcap is reached. right? this project is good enough. Many of people are interested to join of the project. If there are any unsold tokens and the project has stated that unsold tokens will be burned, yes it means there are no unsold tokens if hard-cap is reached, which is in itself a nice achievement As we can see only 9 days left for ICO end date. And I expect listing immediately after the ICO end. But as of now other than cross exchange I don't see any other exchange information. So this means Bittwatt only list at cross exchange? Normally listing information should not be disclosed until it is confirmed. The information will come very soon. Knowing the efficiency of the team, it will be listed very soon. Yeah, right now discussing future exchanges that will list the Bittwatt tokens is just pure speculation. But I am sure the team already made some deals in the background and will let us know once the sale is over. They could start listing in the decentralized exchanges and then list on bigger ones. This is a long and time consuming process and they should start it early on. Plus most investors worry about the exchanges a lot. |
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