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Author Topic: [ANN] Action Coin | Digital Assets for Sports  (Read 27300 times)
ACTN (OP)
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September 06, 2017, 06:06:15 PM
Last edit: May 30, 2022, 06:28:01 AM by ACTN
 #1

Action Coin | Digital Assets for Sports


May 28th, 2022

We are building a digital rewards program for the Sports Industry. Serving the full spectrum, from e-sports, to pro, amateur and extreme sports.

A marketplace where fans can buy and sell collectible merchandise from their favourite athletes and teams using  Action Coin (ACTN), as well as mainstream payment methods.

A platform through which individuals and organizations can mint and sell collectible NFTs, event tickets, experiences and more, in a safe and secure environment; one that is compliant with evolving AML & KYC regulations, and where intellectual property, as well as personal rights are respected.

Website: https://actioncoin.com

Block Explorer: https://exp.actioncoin.com

Telegram Group: https://t.me/officialactioncoin

Telegram News: https://t.me/ActionCoinNews

Facebook: https://facebook.com/actioncoin

Twitter: https://twitter.com/actioncoin

Our native coin, Action Coin (ACTN) is the primary asset on a dedicated POS blockchain powered by Komodo Platform technology (a "Komodo Smartchain").  The Komodo Smartchain was launched on March 31st, 2020, effectively replacing our original blockchain, which was based on NXT technology.  The total ACTN supply was reduced from 10 billion ACTN to 2 billion (due to Komodo  technical advice at the time) and a 5:1 swap was advertised and conducted over the course of 2 years; with at least 2 deadline extensions.

During the same time period, 2 "bridge tokens" were created on the BNB/BSC and Polygon chains with a total combined supply of 1 billion ACTN.  1 billion ACTN was subsequently "burned" on our native chain as a result, ensuring our maximum supply remains at 2 billion ACTN.

We are now planning to create a bridge token on Ethereum (total supply 250m) in the near future, and will burn an equivalent number of tokens on BSC to compensate.  A fourth bridge token will be issued on a yet-to-be-determined public chain, with another matching burn.  The logic here is that these bridge tokens will increase the resilience and decentralization of ACTN over time, by distributing our supply across at least 5 chains.  They also provide each of the respective public blockchain networks with access to our native chain, and vice versa.  Ongoing work is being done to facilitate 1:1 swaps across networks.





ACTN (OP)
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September 06, 2017, 09:53:45 PM
Last edit: May 29, 2022, 07:31:23 PM by ACTN
 #2


ACTN (OP)
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September 06, 2017, 10:11:22 PM
Last edit: May 29, 2022, 07:32:11 PM by ACTN
 #3


visionE2
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September 07, 2017, 05:46:43 PM
 #4

i have some questions sir.
how the project's concept works?? what the purpose of this project? who are the team behind this project?
CORNEL
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September 07, 2017, 05:58:32 PM
 #5

I'm unable to create account on your website activation link is not working getting error to make active my account there. Is your website is functional and allowing to create account from Europe?
ACTN (OP)
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September 07, 2017, 06:14:49 PM
 #6

i have some questions sir.
how the project's concept works?? what the purpose of this project? who are the team behind this project?

1). A typical user collects Action Coin ("Action") by interacting with our websites and our vendors.  Small amounts of Action may be earned by joining our network (you can use the same login for each of our websites), referring new users, spending your Action on vouchers (via actionrewards.net), posting vendor reviews, etc.  Vendors currently receive 100% of the Action used to purchase their special offer vouchers, and in the future they'll need Action to obtain promote special offers on our network.

2). We are attempting to build a disruptive, decentralized travel rewards program (similar to Airmiles in Canada), that unlike traditional programs, gives users full control over their earnings.  Technically speaking, members can use their Action anywhere and Vendors can accept Action without establishing a formal relationship with our network.

3). The team members are listed here:

https://actioncoin.io/team/

Nick
ACTN (OP)
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September 07, 2017, 06:28:29 PM
 #7

I'm unable to create account on your website activation link is not working getting error to make active my account there. Is your website is functional and allowing to create account from Europe?

Hi Cornel,

The websites should be fully functional.

Please pm me with more details, such as any error messages received, the site you attempted to signup on (actioncoin.io or actionrewards.net), as well as your desired username and email address if you care to share Smiley

Nick



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September 07, 2017, 09:05:18 PM
 #8

We have manually approved all users that were affected by the email verification issue.  Email verification is also temporarily disabled while we investigate.

Nick
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September 10, 2017, 03:04:12 AM
 #9

Our explainer video (for consumers) has been updated and published to YouTube:

https://youtu.be/FvJEXyuALCQ

Thanks,

Nick


sintaabubakar
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September 10, 2017, 04:47:16 AM
 #10

then where ACTN will be traded
ACTN (OP)
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September 10, 2017, 04:54:44 AM
Last edit: September 29, 2017, 09:13:41 PM by ACTN
 #11

Update: Action (ACTN) is not currently available for purchase on the open market.

Nick
sintaabubakar
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September 10, 2017, 05:04:33 AM
 #12

On the NXT Asset Exchange only at this time.  ACTN/NXT.

Nick

can you give a trade site address
ACTN / NXT. to make it easier for people to access to trade
ACTN (OP)
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September 10, 2017, 05:09:36 AM
Last edit: September 29, 2017, 09:13:15 PM by ACTN
 #13

Update: Action (ACTN) is not currently available for purchase on the open market.

Nick
sintaabubakar
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September 10, 2017, 05:20:19 AM
 #14

Nxt Asset Exchange Tutorial:

https://www.nxter.org/how-to-use-nxt-asset-exchange-tutorial/

There are more details listed above (wallet download details, etc).  Unfortunately we are not yet listed on any of the more common/polpular exchanges.

Nick

THANK YOU for the information, I am sure ACNT will be successful
ACTN (OP)
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September 10, 2017, 05:24:42 AM
 #15

No problem.  Thanks for your interest in the Action (ACTN) project.

Please don't hesitate to ping me if you need any additional help.

Nick
hola2011
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September 10, 2017, 05:45:08 AM
 #16

Registered..with 1000 ACTION balance. Thank you!

Looking forward to use ACTION in ios mobile wallet!  Smiley

By the way, total supply ACTN 10 billion?
ACTN (OP)
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September 10, 2017, 05:53:17 AM
 #17

Thanks for joining!  Yes, 10 Billion ACTN.

Nick
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September 10, 2017, 06:03:52 AM
 #18

On the NXT Asset Exchange only at this time.  ACTN/NXT.

Nick


act is nxt asset,i know now
yabbadabba
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September 10, 2017, 08:57:37 AM
 #19

how can one send and receive action token at the website action.io, i don't see deposit or withdrawal?
ACTN (OP)
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September 10, 2017, 03:33:45 PM
 #20

yabbadabba,

actioncoin.io is not currently connected to the blockchain. 

All transactions on our websites are currently handled off chain, while we await the launch of the Ardor Platform (we are hoping to integrate with a child chain on the new platform).  Once the blockchain integration is complete, your account balance will be reflected there as well.

Nick
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