[ANN][PoS][CSN] CRESCENT NETWORK TOKEN - WORLD'S FIRST MULTI-USE POS TOKEN

[CrescentDev]

 

[1715571900]

1715571900

[Lucasgabd]

Good to finally see the ann. Will be watching this

[cimong371]

I hope this coin development is so good that many investors are interested in investing.
when will ICO start...?

[CrescentDev]

As we have posted the ann thread, we hereby commence the pre crowdsale for the early investors. You can join and invest by clicking the crowdsale section of the ann thread which also contains the ether address for crowdsale.

[Abal Abal]

CRESCENT NETWORD is a very good project and very simple in explaining the goals, targets to be achieved and others about this project.
but there is one thing that is lacking to explain that is ICO.
it should be taken into consideration as many investors are interested in the project. thank you

[bengsabeng]

When I saw a bounty campaign from this project, I went directly to the registration form for the translation campaign. Does this mean there is only a translation campaign?

[Distroprince]

Well, we can buy crypto currencies from the exchanges themselves,so can you please explain why do we have to use your token for mining them?

[HushRah]

When I saw a bounty campaign from this project, I went directly to the registration form for the translation campaign. Does this mean there is only a translation campaign?

There are multiple sections in the google form, you can check them by clicking "next" at the bottom of the form.

[CrescentDev]

Well, we can buy crypto currencies from the exchanges themselves,so can you please explain why do we have to use your token for mining them?

Crescent network tokens are the utility tokens that can be used by the crescent network for borrowing computational power without any contracts, so it is a trust less service. The mining works as a proof of concept and will be the proof of our computational power. This also creates a ecosystem where we earn tokens by doing mining, which we will slowly sell on the market after Q2 2018, which will help us expand the facility according to our roadmap.

[Rahul_111]

The overall project idea seems fantastic, one of its kind. Can you explain the AR game in more detail?

[mtmonte]

Is there an estimate on the cost of mining with the tokens?

[CrescentDev]

The overall project idea seems fantastic, one of its kind. Can you explain the AR game in more detail?

Thank you for kind words. Regarding the AR game, the idea is to create a faucet that will allow people to earn crescent network tokens (CSN) , this gives us more exposure and allows normal users who are not used to block chain technology to get familiar with it. This also creates more interest and helps us boost marketing at the same time. The idea is to create a simple treasure hunt type game that allows users to hunt CSN tokens near their geographical area. This also makes people explore their neighborhood and promotes exercise. The game will be a simple geo location based game.

[CrescentDev]

Is there an estimate on the cost of mining with the tokens?

The amount of tokens (CSN) required to perform a basic job (100 teraflop/hour order) will be inversely proportional to the crescent network token's market value. So as the price of crescent token increases, the amount of crescent required to mine decreases. We will place a self updating model, that takes the new market price of the token daily.

[Rahul_111]

The overall project idea seems fantastic, one of its kind. Can you explain the AR game in more detail?

Thank you for kind words. Regarding the AR game, the idea is to create a faucet that will allow people to earn crescent network tokens (CSN) , this gives us more exposure and allows normal users who are not used to block chain technology to get familiar with it. This also creates more interest and helps us boost marketing at the same time. The idea is to create a simple treasure hunt type game that allows users to hunt CSN tokens near their geographical area. This also makes people explore their neighborhood and promotes exercise. The game will be a simple geo location based game.

You just mentioned about geo-location game, so will it be like the pokemon go game or will there be something different?

[mtmonte]

Is there an estimate on the cost of mining with the tokens?

The amount of tokens (CSN) required to perform a basic job (100 teraflop/hour order) will be inversely proportional to the crescent network token's market value. So as the price of crescent token increases, the amount of crescent required to mine decreases. We will place a self updating model, that takes the new market price of the token daily.

That's good.  Do you think it would be comparable, less expensive, or more expensive for people to mine with this service vs buying asic miners?

[CrescentDev]

The overall project idea seems fantastic, one of its kind. Can you explain the AR game in more detail?

Thank you for kind words. Regarding the AR game, the idea is to create a faucet that will allow people to earn crescent network tokens (CSN) , this gives us more exposure and allows normal users who are not used to block chain technology to get familiar with it. This also creates more interest and helps us boost marketing at the same time. The idea is to create a simple treasure hunt type game that allows users to hunt CSN tokens near their geographical area. This also makes people explore their neighborhood and promotes exercise. The game will be a simple geo location based game.

You just mentioned about geo-location game, so will it be like the pokemon go game or will there be something different?

The game will feature a basic story-line , where you need to choose a team and you compete with other teams to gather more crescent network tokens (CSN). There will be a feature called factor location, which will give you clues about the crescent tokens. The aim is to find crescent tokens faster than the other team.

[CrescentDev]

Is there an estimate on the cost of mining with the tokens?

The amount of tokens (CSN) required to perform a basic job (100 teraflop/hour order) will be inversely proportional to the crescent network token's market value. So as the price of crescent token increases, the amount of crescent required to mine decreases. We will place a self updating model, that takes the new market price of the token daily.

That's good.  Do you think it would be comparable, less expensive, or more expensive for people to mine with this service vs buying asic miners?

The crescent network token derives its value from the mining facility, as it is also a PoS token, most will stake the tokens, while some members will mine certain coins. We plan on including the crypto currencies which are easier to mine and are more profitable. This operation just allows you to use the network without any contract and hence as time goes by, as the value of token increases , mining becomes more profitable. This will be much easier and profitable to use than get the asics , pour huge investments in a depreciating good that loses value over time. While the value of crescent will rise as the adoption of the token rises.

[hrt197]

Watch out for this project.  Its a complete scam.  The dude bought a box of graphics cards and trying to pimp a coin.  Make sure you check this out thoroughly before investing. 

[goshay97]

I think this was a coin that had a double swap.  It's the 3rd iteration of this coin if I recall correctly.  Dev team does constant coin swaps in order to screw you out of your investment.  If you get into this you must follow daily for the surprise coin swaps.  This project is a nice little money maker for the dev as he keeps the proceeds from the people that could not follow the constant swapping.  Buyer beware on this one.

[TwSeventh]

Creating project based on Mining,
so everybody can mine many cryptocurrency using CSN platform.
lately we could see many cloud mining went offline.
it's because of they're running it and they could not generate a profit from their service.
so how could you survive ?

also you want to create a game that can generate an income for the users,
and make a program similiar to Pokemon GO.
that mean we need to find the 'money' on the street ? like we're finding a pokemon ?
do you know that,Pokemon GO is banned by some countries due to problem and risk when we're playing it ?
how to solve that ?