[ANN] [COV] Coven [33k Coins/3%POS]

[proletariat]

-update
have been getting an overwhelming request for roadmap deliverance and it's understandable since it's generating promising volume. Instead of releasing countless versions of new wallets in a swift fashion with little testing, I'll focus on the roadmap and website these next 24-72hrs then like stealth tx's, implement features from the roadmap; I'd like to encourage and reward people staking coins; does the community have any suggestions to promote this? I have 50 cov Im willing to "donate" to at least 10 ppl (5 cov each) who can showcase their staking at least 200+ coins and intend to do so (keep the rest on the market if you like); it’s just POS improves if were all staking (faster). thank you and again appreciate your patience and would like to hear community input(if people don't stake it’s not the end of the world either, please feel free to keep them on market until I deliver roadmap and decide for yourself).

Colored coin for staking for a certain time distributed with a snapshot of COV's chain   

was that too greedy?

[CovenDev]

Wow , that was fast . Thank you guys so far; if you met the criteria I mentioned (200+ for 5 COV(first ten people); a simple screen shot and a cov address will do) For people with less than <200 coins, I appreciate your support and ask you provide a screen shot and and cov address; I cannot promise 5 COV;but I will send something reasonable compared to your contributed net weight.

[OVRGRO]

while y'all are dumping... i parked (temporarily, to be changed at my discretion lol) 1.25% of the network in a wallet for staking/pos blockchain movement benefit. it was in honor of our holiday yesterday (420 is 1.25% of 33600  )

[Starin]

Wow , that was fast . Thank you guys so far; if you met the criteria I mentioned (200+ for 5 COV(first ten people); a simple screen shot and a cov address will do) For people with less than <200 coins, I appreciate your support and ask you provide a screen shot and and cov address; I cannot promise 5 COV;but I will send something reasonable compared to your contributed net weight.

I think we as a community can provide 3 Covens to those who stack between 100 - 200. At least I am willing to send 3 covens each to first 3 people staking between 100-200. You guys can add up more: OVRGRO, CryptoClub, proletariat.

[proletariat]

Wow , that was fast . Thank you guys so far; if you met the criteria I mentioned (200+ for 5 COV(first ten people); a simple screen shot and a cov address will do) For people with less than <200 coins, I appreciate your support and ask you provide a screen shot and and cov address; I cannot promise 5 COV;but I will send something reasonable compared to your contributed net weight.

I think we as a community can provide 3 Covens to those who stack between 100 - 200. At least I am willing to send 3 covens each to first 3 people staking between 100-200. You guys can add up more: OVRGRO, CryptoClub, proletariat.

alright, set it up and I'll send you 9 coins for you to distribute to the stakers.

EDIT: I'll stake too.

[OVRGRO]

yeah, i'm in on this. i'd prefer maybe 2 to the first 5 vs 3 to first 3. possibly encourage a few more, but regardless i'm in on the idea and willing to throw in 9 or 10 COV to help fund this notion.

edit: after visiting rich list, only 15 people with 200-400 coven. i doubt more than 20% are active here so 3 to top 3 seems good to me.

[trunks]

-update
have been getting an overwhelming request for roadmap deliverance and it's understandable since it's generating promising volume. Instead of releasing countless versions of new wallets in a swift fashion with little testing, I'll focus on the roadmap and website these next 24-72hrs then like stealth tx's, implement features from the roadmap; I'd like to encourage and reward people staking coins; does the community have any suggestions to promote this? I have 50 cov Im willing to "donate" to at least 10 ppl (5 cov each) who can showcase their staking at least 200+ coins and intend to do so (keep the rest on the market if you like); it’s just POS improves if were all staking (faster). thank you and again appreciate your patience and would like to hear community input(if people don't stake it’s not the end of the world either, please feel free to keep them on market until I deliver roadmap and decide for yourself).

Instead of manually sending people coins to give them incentive to stake, why don't you simply raise the pos reward?
0.1 coins per block would probably be a good incentive.

[fonzerrellie]

-update
have been getting an overwhelming request for roadmap deliverance and it's understandable since it's generating promising volume. Instead of releasing countless versions of new wallets in a swift fashion with little testing, I'll focus on the roadmap and website these next 24-72hrs then like stealth tx's, implement features from the roadmap; I'd like to encourage and reward people staking coins; does the community have any suggestions to promote this? I have 50 cov Im willing to "donate" to at least 10 ppl (5 cov each) who can showcase their staking at least 200+ coins and intend to do so (keep the rest on the market if you like); it’s just POS improves if were all staking (faster). thank you and again appreciate your patience and would like to hear community input(if people don't stake it’s not the end of the world either, please feel free to keep them on market until I deliver roadmap and decide for yourself).

Instead of manually sending people coins to give them incentive to stake, why don't you simply raise the pos reward?
0.1 coins per block would probably be a good incentive.

heck even .05 per block

[OVRGRO]

heck even .05 per block

http://cov.iquidus.co.nz/tx/491ce1247590a441c96d6fb91b737ac2a4f8934dd24f8bd5b20dce9d86c3754b

[Starin]

That is even a better idea. But it might affect the low supply attractness of the coin. Still after some calculations reasonable increase on PoS reward is worth considering.

So if WE agreed upon, I am announcing the giveaway for staking.

Staking 100 to 200 coins will be rewarded 3 covens for 3 people.

Staking 50 to 100 coins will be rewarded 2 covens for 3 people.

Staking 25 to 50 coins will be rewarded 1 coven for 3 people.

We need to raise 16 covens in total. Please let me know if you want to contribute. I'll divide 16 by total contributers and let you know what you have to send.

[ramtony]

Hello,

Can anyone confirm if the wallet from the op is the second or third release?

thanks

[CovenDev]

Hello,

Can anyone confirm if the wallet from the op is the second or third release?

thanks

it is the 2nd; stealth-integration wallet has not yet been uploaded; all features will be implemented following roadmap.  you may be the first person to ask about the wallet's condition; refreshing

I appreciate the communities’ ability to productively self-govern and work together. I will consider reconstructing PoS; and will continue to provide updates if anything is changed. Roadmap/website is primary focus as its highly in demand. Thank you for your patience, and may the coven of the community arise 

[ramtony]

cool thanks, just wanted to check that I was using the correct wallet.

Just wondering also is it possible to speed up the confirmations?

[CryptoClub]

Hello,

Can anyone confirm if the wallet from the op is the second or third release?

thanks

it is the 2nd; stealth-integration wallet has not yet been uploaded; all features will be implemented following roadmap.  you may be the first person to ask about the wallet's condition; refreshing

I appreciate the communities’ ability to productively self-govern and work together. I will consider reconstructing PoS; and will continue to provide updates if anything is changed. Roadmap/website is primary focus as its highly in demand. Thank you for your patience, and may the coven of the community arise 

Speaking of POS stuff, Clams seems designed well. Talked with the dev and I think you need around 400 to stake 1 a day, something like that would keep COV super rare, but might increase the desire to stake.

[samspaces]

You might want to ask the holder of 2000 Coven on Bittrex to chip in...

[Starin]

You might want to ask the holder of 2000 Coven on Bittrex to chip in...

Hmm did he have that much yesterday? Cause someone swept the sell orders yesterday, bought 10 btc worth coven at like 270k price.

[samspaces]

You might want to ask the holder of 2000 Coven on Bittrex to chip in...

Hmm did he have that much yesterday? Cause someone swept the sell orders yesterday, bought 10 btc worth coven at like 270k price.

Yes, so he probably bought up his own walls.

[kpierce77]

-update
have been getting an overwhelming request for roadmap deliverance and it's understandable since it's generating promising volume. Instead of releasing countless versions of new wallets in a swift fashion with little testing, I'll focus on the roadmap and website these next 24-72hrs then like stealth tx's, implement features from the roadmap; I'd like to encourage and reward people staking coins; does the community have any suggestions to promote this? I have 50 cov Im willing to "donate" to at least 10 ppl (5 cov each) who can showcase their staking at least 200+ coins and intend to do so (keep the rest on the market if you like); it’s just POS improves if were all staking (faster). thank you and again appreciate your patience and would like to hear community input(if people don't stake it’s not the end of the world either, please feel free to keep them on market until I deliver roadmap and decide for yourself).

Yes I'll send screenshot that I'm staking my coins!

[TimC]

-update
have been getting an overwhelming request for roadmap deliverance and it's understandable since it's generating promising volume. Instead of releasing countless versions of new wallets in a swift fashion with little testing, I'll focus on the roadmap and website these next 24-72hrs then like stealth tx's, implement features from the roadmap; I'd like to encourage and reward people staking coins; does the community have any suggestions to promote this? I have 50 cov Im willing to "donate" to at least 10 ppl (5 cov each) who can showcase their staking at least 200+ coins and intend to do so (keep the rest on the market if you like); it’s just POS improves if were all staking (faster). thank you and again appreciate your patience and would like to hear community input(if people don't stake it’s not the end of the world either, please feel free to keep them on market until I deliver roadmap and decide for yourself).

I do not have a lot of coins but I've been keeping this open 24/7 to help with the network.

[iqlimasyadiqa]

waiting Boom , now , very very cheap