Morning everyone,
Heres a bit of an update about whats been going on the last day or so, its the weekend here so I won't be as active as i am during the week but will be back on it first thing monday.
I contacted coinmarketcap to fix our page there which has now been done:
http://coinmarketcap.com/currencies/renos/Thank you for all the logo submissions, remember to get them in in the next few days.
Just to clarify, the name
doesn't originate from "Reno" which I've been told is basically a smaller scale las vegas city (Which is why we received a few with gambling themes)
Also, it would be great if a few of you could suggest $RNS to be discussed on this show:
https://twitter.com/shitcointalk/status/837468424024444928If you haven't watched it before its a really informative show on various trending altcoins by some of the crypto twitter veterans. I've been tuning in since it started and its always worth a watch.
Update on the multipool:
yesterday I put forward a proposition to spend 300,000 RNS + 0.2
BTC (of my own money) to initiate development on a Renos multipool. In my opinion this is a really useful development because not only does it let us appeal to miners but it creates a sustainable market cycle in which there were always be RNS purchases.
The main thing people were unhappy about was the 300,000 RNS as they felt it was a lot of the development fund (10%) The issue we have right now is that (because we don't have any solid developments with the coin yet) they aren't worth as much as we all feel they should be (I've spoken to a number of people and they believe 300 sats is a fair price.) to get out of this we are going to have to spend money from the development fund because although people are willing to accept Renos as payment, they need security that the payment wont become worthless in a day.
These are our routes forward and I'm going to post a poll on the bitcointalk thread:
1) we pay the 300k from the development fund + 0.2btc as originally proposed
2) We don't develop a multipool at all
3) If the market sustains a price near 100 sats for the next day or so, I can go back and suggest 200k RNS (7% of development funds) as that has the same btc value as 300k RNS when we originally discussed (the market jumped 30% yesterday)
4) I pay for the multipool myself (which kind of defeats the purpose of a development fund)
Roadmap:A few people have been asking me about the road ahead after we complete the bounties. I am going to be releasing a roadmap in 2 weeks time with the intent to start working on it in a months time. I feel that should give us enough time to complete a lot of the bounty list.
A few other things:
I recieved an email from bittrex saying thanks for the submission and that it is not in their policy to comment on coin additions. I'm guessing everyone receives this so its just a case of waiting and seeing
Remember to vote on the twitter polls about bounties:
https://twitter.com/RenosCoinI will be posting a guide about what i require to distribute the twitter campaign RNS next week.
I'm going to ask Parmabtc to set up a DOT address for a cryptopia addition
Replying to some thread comments:Hi
You have a plan to add more exchanges? Cryptopia its good choice too
as far as i know Renos already gave a application to Yobit for get listed there,but till now still not listed yet,Yeah I agree with you at least renos need more exchanges and better than coinexchange
I haven't paid for an addition to yobit, as I've said I'd prefer if we try and get on the exchanges by showing demand (sending RNS addition requests) than by paying but that I am open to paying if a few weeks down the line we haven't been added on any more. Parmabtc has a yobit address posted which people can donate BTC for him to use for a yobit addition if the community thinks that is something that needs to be done.
https://bitcointalk.org/index.php?topic=1809933.msg18033885#msg18033885Hi Dev,
I sent you a pm about the distribution a couple of days ago, but still have not received coins. Would you be able to check into this?
Thanks
Its better to send him a E-Mail or join the slack, because he gets spammed with pm`s about the airdrop requests
The airdrop is done so if you haven't received any coins, you won't be receiving any coins unfortunately.
Is there still available for translate to indonesian language sir? If available please let me do this. Thanks
I will post a twitter poll to see if there is a demand for the indonesian language
Have a good weekend everyone
Poll
