Get CHIPS as well ... this is for gambling.... being developed for komodo platform ... this is already above 8m marketcap without marketing and without a website presence ... all that is still to come ... i wonder what will happen when all that come ...
It is a an original bitcoin fork with 21m max coin supply.....people are rushing to get this before it gets too late .... it is still below half a dollar ... very soon it is gonna fly .... read and find out more about CHIPS and make your own judgement before investing ... I BET YOU WONT REGRET IT ESP. WHEN KOMODO KICKS OFF early 2018
buying CHIPS is a gamble. dont do it unless you believe that I will be able to complete the tech for it in the next year or two. KMD will be able to tap into CHIPS powers without having to contaminate itself with segwit internals.
If I do, the current 30 to 50 cents price will be the same as buying BTCD for that price, but of course there is no guarantee I will be able to and certainly no guarantee of that sort of price increase.
CHIPS is available in barterDEX at a pretty good price:
{"result":"success","base":"CHIPS","rel":"KMD","timestamp":1514158058,"bid":0.03120930,"ask":0.03183661,"price":0.03152296}
also on coinexchange.io but I dont expect it to appear on other exchanges, unless the community proactively helps to get it listed. CHIPS is in the pure development stage for a while so we can avoid any high expectations, specific timeframes, roadmaps, etc.
Once completed, CHIPS will provide several new powers to the KMD ecosystem, like realtime decentralized betting, Lightning Network integration and blockchain enforced contracts sufficient to implement decentralized holdem poker. Of course, as usual I wont even do the gui.
CHIPS is a gamble, only buy it with funds you can afford to lose and not worry about for a few years. A 1% allocation of portfolio would be a sane allocation.
note: CHIPS did not have any ICO, CHIPS does not have any premine it is 100% mined coin like coins used to be. CHIPS does not have a founders reward as 100% goes to miners. At some point I will add dPoW to CHIPS so it gets BTC level security.
I know we probably could have raised some crazy big millions with an ICO for CHIPS, especially since we have a mathematical paper, a nice target market, working alpha level code, a technical track record, etc. However we (SuperNET) dont need the money to fund development for it and I believe in raising funds only when you need it, not just for the sake of getting money from others.
I can remember when everybody was giving us flak for having the nerve for doing an ICO with a maximum of $30 mil dollars. The trolls somehow convinced people that we set the minimum at $30 million, when the truth is that the minimum was at $1 million. Very confusing to me how having a capped ICO was a negative, as the alternative to having a cap was to be uncapped. But the trolls seem to have done a good job and we only raised about $2.5 million worth.
It seems now that the trolls did a big favor to all who did invest at the ICO and to BTCD holders as we achieved 100x price growth in the first year. Had we raised the maximum, it would have been only a 10x gain, which in this market would be quite a disappointment.
I know we did many things suboptimally, but it is hard to find good people! I am very thankful for all the good people that we do have helping with the project and our mishaps actually helped recruit many to the team. Our marketing is just starting and we now have social media presence and getting onto more exchanges, but next year is the year the marketing will arrive in full force. With an admitted high level of tech/marketing ratio, we are working to bring it closer in balance for the next year, but please remember we had to start on a relative shoestring of $2.5 mil, which in this industry is not much at all.
BTC going up 10x of course has changed the financial perspective, but it also only happened recently and for most of the year we had to ration our funds very tightly.
https://bitinfocharts.com/bitcoin/address/35Rwwc9e2Mj7smFXJ1iXF826cMW3tqfz6x2,331.86 of the 2600 raised BTC are still there even after more than a year of operations!
that includes periods where a $20,000 expenditure would eat up 20 BTC, not just 1.5
We did spend more than that but by taking advantage of the BTC "dividends" and attempting to time the market we did achieve decent trading results. The new BTC price level makes it more like we achieved the maximum raise than just over double the minimum, so I do not forsee any financial pressures anytime soon (years)
Maintaining the BTC notarization will eat up the BTC gradually over the years and so will our constant marketing expeditures and staff salaries. However as always we will do our best to get the most out of our funds and not squander it on short term effect expenditures.
Merry Christmas to all and Happy Holidays
