[ANN] Minereum - First Self Mining Smart Contract

[galaxiekyl]

When will the exact start date be known ICO?

I think will start at 1st September. If i buy with MNE in first day i will get 1000 ART or is need to wait 60 years to mine it?

You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years
 

so if i buy more i will mine same % or more ? ex: i buy 2000 art with 1 address i willmine 2x more or not ?

If you buy on the first day, then for every 10 MNE spent , You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years

pls source ? i dont find anywhere these information in wp.. are you a team member of mne ?

[1714016226]

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[1714016226]

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[cointalkingmachine]

When will the exact start date be known ICO?

I think will start at 1st September. If i buy with MNE in first day i will get 1000 ART or is need to wait 60 years to mine it?

You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years
 

so if i buy more i will mine same % or more ? ex: i buy 2000 art with 1 address i willmine 2x more or not ?

If you buy on the first day, then for every 10 MNE spent , You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years

pls source ? i dont find anywhere these information in wp.. are you a team member of mne ?

I believe he is getting those rates from the genesis address from minereum and he is simply applying the same logic for ART.

[kaolin]

if you will buy the same ART amount as MNE genesis address have - 32000 tokens, you will get the same mining speed as MNE got now, so need to buy 32000 tokens minimum i guess, cause less than that dont bring you a lot profit, imho

but how it will works, I mean the circulating supply when the ICO is over ? if someone only bought 1k of artemine and the mining speed are the same as minereum then they only generate 0.056 (1.8/32) artemine per 24 hours , well How much the coin of ICO will be offered?

[bontol72]

When will the exact start date be known ICO?

I think will start at 1st September. If i buy with MNE in first day i will get 1000 ART or is need to wait 60 years to mine it?

You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years
 

so if i buy more i will mine same % or more ? ex: i buy 2000 art with 1 address i willmine 2x more or not ?

If you buy on the first day, then for every 10 MNE spent , You will receive about 1.3888 coins monthly (daily about 0.0463 coins). 60 years

pls source ? i dont find anywhere these information in wp.. are you a team member of mne ?

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.

[Ghasty]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

[musclepump]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

What's I IPo? Lol...

And after all the MNE coins will the burned the value should increase as the supply with be much less

[galaxiekyl]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

i think art will be great and more liquid because you can buy genesis address..also MNE will not die it is always first contract mining and mne will be burned after ICO and with token creation.

MNE can hit 30$ before ico so more peoples will know MNE..this is good for MNE and ART promo.

[Ghasty]

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What's I IPo? Lol...

And after all the MNE coins will the burned the value should increase as the supply with be much less

Whoops meant ICO instead of IPO.

Yes all the MNE will be burned, but ART is being sold as "Version 2.0 of Minereum". Why would anyone want to hold onto an outdated version of Artemine‏, I can't really see the value of that. Are the developers planning on doing anything with MNE after ART makes it debut? I'm thinking the answer is no, so I can't see any real purpose to hodling even if the supply is burned. But I sincerely hope you prove me wrong.

[miner45678]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

i think art will be great and more liquid because you can buy genesis address..also MNE will not die it is always first contract mining and mne will be burned after ICO and with token creation.

MNE can hit 30$ before ico so more peoples will know MNE..this is good for MNE and ART promo.

I will be shocked if MNE hits 30 pre .  The only reason for MNE to even get that high is because people purchasing it because they want in on ART and want value.  So in essence for it to hit 30, that takes away all the value in owning MNE instead of ETH for purchasing ART.  It isnt gonna hit 30.  I think 15 is realistic.  Maybe 20, but who really knows. 

[Ghasty]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

i think art will be great and more liquid because you can buy genesis address..also MNE will not die it is always first contract mining and mne will be burned after ICO and with token creation.

MNE can hit 30$ before ico so more peoples will know MNE..this is good for MNE and ART promo.

Okay this makes sense, MNE will at least still have some value after the ICO hits. Thanks.

[galaxiekyl]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

i think art will be great and more liquid because you can buy genesis address..also MNE will not die it is always first contract mining and mne will be burned after ICO and with token creation.

MNE can hit 30$ before ico so more peoples will know MNE..this is good for MNE and ART promo.

I will be shocked if MNE hits 30 pre .  The only reason for MNE to even get that high is because people purchasing it because they want in on ART and want value.  So in essence for it to hit 30, that takes away all the value in owning MNE instead of ETH for purchasing ART.  It isnt gonna hit 30.  I think 15 is realistic.  Maybe 20, but who really knows. 

30$ is may high excepted if eth pump bfore ico..i dont understand why price is too low yet..because it is great deal..whales must be so happy

[BitBitCoin]

After the ART project is launched, will Minereum Tokens still have meaning? Or will MNE only serve for the ICO and after Dev will only devote to ART project?

[Gianluca95]

...

so invest 1 ETH to this project ,and i will get 1000 ART...in 60 year?
that is joke .......

60 years is very long time. maybe 6 years is good.
think about it .
and 1 eth = 1000 art is so low rate ..change it to 1 eth = 100000 is better .

So it takes you 60 years to extract all the value out of the ART coins bought during the IPO? And MNE will become obsolete and next to worthless as a coin when the IPO hits. Welp sounds like the best idea is to wait a day before the IPO and dump all of your MNE onto the market. That is unless ART somehow has a strong enough return to justify a 60 year payout window, which is highly unlikely.

Hopefully there is a strong rally before the unannounced IPO, otherwise its gonna be a long time till we get our return on investment.

i think art will be great and more liquid because you can buy genesis address..also MNE will not die it is always first contract mining and mne will be burned after ICO and with token creation.

MNE can hit 30$ before ico so more peoples will know MNE..this is good for MNE and ART promo.

I will be shocked if MNE hits 30 pre .  The only reason for MNE to even get that high is because people purchasing it because they want in on ART and want value.  So in essence for it to hit 30, that takes away all the value in owning MNE instead of ETH for purchasing ART.  It isnt gonna hit 30.  I think 15 is realistic.  Maybe 20, but who really knows. 

30$ is may high excepted if eth pump bfore ico..i dont understand why price is too low yet..because it is great deal..whales must be so happy

Market is really manipulated at this moment.

[yesiam6]

is there a fixed date of the ico start, i only read that it's supposed to be in september.
either way i really like that the dev didn't break his promise and really is improving minereum
i'm no longer a bagholder thanks to this ARTEMINE news and i dream about the moon

[ikilledcobain]

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What's I IPo? Lol...

And after all the MNE coins will the burned the value should increase as the supply with be much less

Whoops meant ICO instead of IPO.

Yes all the MNE will be burned, but ART is being sold as "Version 2.0 of Minereum". Why would anyone want to hold onto an outdated version of Artemine‏, I can't really see the value of that. Are the developers planning on doing anything with MNE after ART makes it debut? I'm thinking the answer is no, so I can't see any real purpose to hodling even if the supply is burned. But I sincerely hope you prove me wrong.

Yes, the plan for Minereum hasn't changed according to the Dev. They will just be two different coins with two different roadmaps.

[RobbWorld]

I hope this price decrease is temporal and we will see a much higher prices

[Filmmmakerr]

Guys, calm down. Prices will increase and decrease, give things time to settle in.

[lisasteca]

any news when the ico will start in september?  september is quite long it could be at the ands of the month ..

[Ghasty]

any news when the ico will start in september?  september is quite long it could be at the ands of the month ..

nah you can even check the ART twitter, its still to be announced.

[minime0105]

When will the exact start date be known ICO?

The rumors is September, but honestly, I seriously dont know when as there is no time table told. But it will really push the price of the MNE to around 15-20$ that time.
What I just dont know if why people are willing to lock up their funds for 60 years. The only thing I can think of is they are investing on the growth and development of the project, since if there is, the price will go up and appreciate, having a lesser time of breakeven period in their investment, and getting like interest for the remaining time of 60 years since the breakeven period.