[ANN] Minereum - First Self Mining Smart Contract

[bontol72]

With one lot in 1000 ART, 1.3888 ART per month will be produced! Imagine what the price will be !?

You mean this will be very good for Artemine value ?

Yes. Let's take an unrealistic option. If all 1 m of coins are used on the first day. It will be 100 m ART. This is 1.67 m per year. And all the coins to MNE will be burnt. Think about how this will affect the prices of both coins.     

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[clixcoin]

With one lot in 1000 ART, 1.3888 ART per month will be produced! Imagine what the price will be !?

You mean this will be very good for Artemine value ?

Yes. Let's take an unrealistic option. If all 1 m of coins are used on the first day. It will be 100 m ART. This is 1.67 m per year. And all the coins to MNE will be burnt. Think about how this will affect the prices of both coins.     

Agreed with you this is great advantage for both projects the more MNE will be invested into that new ICO the less supply will be in circulation at the moment according to the CMC circulating supply is around 921,134 which less than a million if all supply will be burnt than only newly mined coins will be available for trading and price will increase for sure.

[seyola89]

What Will you guys do? Buy ARTEMINE on the first day of the ICO or sell your minerium and take the profit?

I will do both but more of buy artemine

[seyola89]

I sold my MNE yesterday(( Why I did it? Why I didn't read the news?... It will be a good lesson for me. 

Hmm so bad..patience is really needed in Cryptos

[galaxiekyl]

Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

big update..i read wp of art it is a great evolution..please can you explain how artmine will be mined ? if thats  like  MNE or no ?

 what do you mean by "all art holders will have free choice of determinate their balance in genesis adress..do you want said..investor can decide available balance for genesis adress they will buy ?

 so money supply will be determinate by investors or have you a hard cap ?

[rendravolt]

I also will make possible to possess both kind of tokens by investing some MNE into ART. Minereum will be developed based on its own roadmap and plan while new token will be introduced. I will keep watching now to see when the dates are announced to be among first day investors to make sure of getting maximum outcome.

Agree, it is the right choice. Considering the minereum is a new token that still has a long life, I also want to make sure that one day it will be something worthwhile.

[galaxiekyl]

What is the marketing strategy for this ICO? There never has been much awareness raised about Minereum. Hopefully this will be different. We need the big crypto news pages on social media to post about it, like coindesk on twitter.. over 200k followers!

I think yeah, marketing is the only thing remaining to do in this ICO, but we still have many days before september, it can be done.

you have alright marketing has always been lacking to MNE..also if this token had hit bittrex mne would been more accessible.

[seyola89]

No, you will be able to buy as much as you want

Dev something is not clear to me about Artemine concept
If I buy 1000 art in ICO,  am I going to get 1000 art sent to my wallet once and then the wallet will generate another 1000 art within 60 years making a total of 2000 art after 60 yrs..

Or

Will I get 1000 art only once during a period of 60 yrs ??

Pls I need an answer..Thanks

[bontol72]

No, you will be able to buy as much as you want

Dev something is not clear to me about Artemine concept
If I buy 1000 art in ICO,  am I going to get 1000 art sent to my wallet once and then the wallet will generate another 1000 art within 60 years making a total of 2000 art after 60 yrs..

Or

Will I get 1000 art only once during a period of 60 yrs ??

Pls I need an answer..Thanks

You will receive about 1.3888 coins monthly (daily about 0.0463 coins)

[Tonton99]

What is the marketing strategy for this ICO? There never has been much awareness raised about Minereum. Hopefully this will be different. We need the big crypto news pages on social media to post about it, like coindesk on twitter.. over 200k followers!

I think yeah, marketing is the only thing remaining to do in this ICO, but we still have many days before september, it can be done.

you have alright marketing has always been lacking to MNE..also if this token had hit bittrex mne would been more accessible.

MNE was airdropped, no ICO. So no money to pay for listing at the bigger exchanges, no money for PR and Marketing.
Everything that was done on PR was almost all community driven.

ART will be an ICO and with the ETH raised Dev will pay his partners for PR, Marketing and possibly listing at the bigger exchanges.
Therefore ART will gain much more traction and the initial value should be much higher compared to MNE was it was launched.

MNE remains the first ever automating coin made in crypto and will continue to mine its coins (1.7 by address per day) It will remain loyal to its own roadmap and will continue to serve its purpose for the years to come.

[eye4bd]

No, you will be able to buy as much as you want

Dev something is not clear to me about Artemine concept
If I buy 1000 art in ICO,  am I going to get 1000 art sent to my wallet once and then the wallet will generate another 1000 art within 60 years making a total of 2000 art after 60 yrs..

Or

Will I get 1000 art only once during a period of 60 yrs ??

Pls I need an answer..Thanks

Hi
For me it's looks like
total supply of artemine will
be fixed. In that way regardless of how many you are holding, new token genaretion won't be possible! And about your second
question I'm not sure as well. Would love to hearnig back from Dev!

Thanks!

[Tonton99]

No, you will be able to buy as much as you want

Dev something is not clear to me about Artemine concept
If I buy 1000 art in ICO,  am I going to get 1000 art sent to my wallet once and then the wallet will generate another 1000 art within 60 years making a total of 2000 art after 60 yrs..

Or

Will I get 1000 art only once during a period of 60 yrs ??

Pls I need an answer..Thanks

You will receive about 1.3888 coins monthly (daily about 0.0463 coins)

So buy 400 MNE and get 40k ART = mining 1.8 coin a day = 54 coins a month.
If valued at 10 USD = 540 USD a month = 6.5k USD a year.

The trading value is off course speculation but being an ICO there will be much more exposure compared to MNE which was community driven.

[CUH]

today sold his coins at the rate of 120k satosh, but now sat down to read the forum and now i think i was not hurried with the sale of my coins?

[kaolin]

Hi Everyone,

These are the exchange rates we will use for the ICO:



The ICO will run for 30 days, for each day you can see the price of 1000 ART in ETH and MNE.

As an example, in the first day 1 ETH will buy 1000 ART and 10 MNE will buy 1000 ART.

All purchased ART will then be mined for about 60 years as per the current average block time (100000000 ETH blocks), the actual duration will depend on the ethereum block time over time.

Holy moly the mother of Batman and Robin, the rate is insane. 1eth:10mne  finally I found it, the reason why MNE got Hit 300% today. but 60 years is longer than MNE it self why not 42 years same as MNE genesis address will fully mature ?

[ostrogoto2012]

Do you know guys when it will start the ico ?

[bontol72]

Do you know guys when it will start the ico ?

in September

[niceli]

No, you will be able to buy as much as you want

Dev something is not clear to me about Artemine concept
If I buy 1000 art in ICO,  am I going to get 1000 art sent to my wallet once and then the wallet will generate another 1000 art within 60 years making a total of 2000 art after 60 yrs..

Or

Will I get 1000 art only once during a period of 60 yrs ??

Pls I need an answer..Thanks

You will receive about 1.3888 coins monthly (daily about 0.0463 coins)

So buy 400 MNE and get 40k ART = mining 1.8 coin a day = 54 coins a month.
If valued at 10 USD = 540 USD a month = 6.5k USD a year.

The trading value is off course speculation but being an ICO there will be much more exposure compared to MNE which was community driven.

Interesting… thanks!

[jootjejodel]

Looking for a social media campaign if this ICO is still offerring any

[whitefish]

Any bounties for Social media campaign, translation, and visual marketing from ARTEMINE?

[Mrrr]

I've been relentlessly shilling MNE throughout the whole of this topic. Perfectly sensible thing to do for me since I own a genesis address and dev never asked for any money.

The recently announced ICO, and the way in which it is constructed, changes things around though.

Where we previously had an anonymous dev who was giving away money with a 3 page white paper with a lot of blank spaces we now have an anonymous dev who is asking for money with a 3 page white paper with a lot of blank spaces. Dev never disclosed the amount of genesis accounts dev owns. This wasn't a problem before because everything was for free.

Now we have Dev holding an ICO using both MNE and ETH but at a rate of 1 ETH to 10 MNE.

Naturally people will want to participate in the ICO of Minereum's magic Dev. They'll run to buy MNE because they'll get a far better rate using MNE for the ICO than when using ETH.

The result is a huge pump in price for MNE.

Nice for MNE holders such as me. And MNE holders such as Dev.

But hey, MNE Dev never disclosed how many genesis addresses he holds? It never was an issue because everything was always paid for and given for free. But it is an issue now all of a sudden. All of a sudden there is real money involved.

Could it be that dev is creating artifical demand for MNE so he can offload his stash? Could it be that Dev is looking for an exit?

Coins like Mastercoin and Nxt pulled exactly the same trick.

Any MNE holder at this point will want full proven disclosure on the amount of MNE genesis addresses Dev holds

I'm not calling scam here but there are red flags everywhere. I would hope Dev will address the issues I've just pointed out.