[ANN][ICO]ContractNet - At the intersection of Blockchain, IOT & SMART CONTRACTS

[cryptossi]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

[ILUzbek]

the project seems to me very interesting and promising. please tell me when the token will be listed on the exchanges? Are negotiations already underway?

[Ace44]

the project seems to me very interesting and promising. please tell me when the token will be listed on the exchanges? Are negotiations already underway?

Right now, token sales are still on, you know this has some kind of procedure, first come the sales, then the distribution and then exchanges, so it involves the aforementioned steps before exchanges but is best one get to invest at the moment because of the bonus attached to it which decreases with time, in all, is a personal decision, which only you can decide

[Zuhran]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

[phantam]

the project seems to me very interesting and promising. please tell me when the token will be listed on the exchanges? Are negotiations already underway?

I'd imagine they are but honestly most ICO's won't talk about things like that until their ICO is completed. In fact i have heard of a few exchanges that are actively against discussions of possible listings until after ICO's are completed and the OK for listing has been fully approved or vetted. So chances are we won't hear much beyond the standard "announcements will come" as most ICO's are forced to do. It's less to drum up suspence and more just the way ICO->Exchange process is handled and regulated by the exchanges.

[cryptossi]

the project seems to me very interesting and promising. please tell me when the token will be listed on the exchanges? Are negotiations already underway?

I'd imagine they are but honestly most ICO's won't talk about things like that until their ICO is completed. In fact i have heard of a few exchanges that are actively against discussions of possible listings until after ICO's are completed and the OK for listing has been fully approved or vetted. So chances are we won't hear much beyond the standard "announcements will come" as most ICO's are forced to do. It's less to drum up suspence and more just the way ICO->Exchange process is handled and regulated by the exchanges.

That is very true Phantam, exchanges are not the most important fact about a project, the primary objective must be to ensure the Contract Net has raised enough funds so they deal with their primary aim which is to develop their project into a working blockchain for entrepreneurs.

[Nathan01]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

[cryptossi]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

Yeah there are a few coins that use PoW algos +PoS algos this is known as a hybrid blockchain, you mine tokens through proof of work and if you HODL the tokens you have mined you can earn more tokens through proof of stake. One example is Hcash!

I don't think this is what ContractNet want to achieve in the long term because its extremely specialised but it is possible to do so!

[Cnote328]

FYI ContractNet has fixed bitcoin delay payments, in case anyone has an issue, write to @Contractnet giving your username and email address, and your issue will be sorted out. 

[Nathan01]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

Yeah there are a few coins that use PoW algos +PoS algos this is known as a hybrid blockchain, you mine tokens through proof of work and if you HODL the tokens you have mined you can earn more tokens through proof of stake. One example is Hcash!

I don't think this is what ContractNet want to achieve in the long term because its extremely specialised but it is possible to do so!

Wow I must say you did justice to the question and somehow raise the need for investing in the contractnet project the more, knowing I will gain more by holding is a good bargain anytime or what do you think 🤔

[Ace44]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

[faulerwilli]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

Yeah there are a few coins that use PoW algos +PoS algos this is known as a hybrid blockchain, you mine tokens through proof of work and if you HODL the tokens you have mined you can earn more tokens through proof of stake. One example is Hcash!

I don't think this is what ContractNet want to achieve in the long term because its extremely specialised but it is possible to do so!

Wow I must say you did justice to the question and somehow raise the need for investing in the contractnet project the more, knowing I will gain more by holding is a good bargain anytime or what do you think 🤔

I agree, It's good to see some good bullet points like this stating some facts and how advanced the technology they are using which they are trying to implement

I like this forum, you always learn something new about it. Had never heard of hybrid blockchains. The system sounds interesting and I will read it in more detail.
Now that i have got such accurate information and I'm too busy looking right now, what approach will ContractNet take?

[jamzzz123]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

[Ace44]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

The possibility of such happening is high, as they are the first pioneer of the IoT sector in the crypto-community, i know it has been in existence outside the community but not on a massive scale, at least that i know of, unless i'm mistaken and IoT will be highly acceptable because of what it tends to do and the positive impact it is bound to create

[jamzzz123]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

The possibility of such happening is high, as they are the first pioneer of the IoT sector in the crypto-community, i know it has been in existence outside the community but not on a massive scale, at least that i know of, unless i'm mistaken and IoT will be highly acceptable because of what it tends to do and the positive impact it is bound to create

Heavily competed service sector. Big and well funded projects such as Ethereum, Ubiq, Stratis, Blockstack, Stellar, Hyperledger etc. are also aiming to provide services for the IoT ecosystem developers.
The token economy is explained pretty broadly in the white paper making it challenging to identify the biggest reasons for heavy price increase in the near future.
The network is going require a lot of traffic to make the token demand and price increase. To generate a lot of traffic a lot of DApp developers need to onboard the network and ContractNet development tools.
Project timeline requires a long term investment, compromising potential short term gains from other projects

[phantam]

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

The possibility of such happening is high, as they are the first pioneer of the IoT sector in the crypto-community, i know it has been in existence outside the community but not on a massive scale, at least that i know of, unless i'm mistaken and IoT will be highly acceptable because of what it tends to do and the positive impact it is bound to create

Indeed, it's funny we havent seen more groups trying to develop and target the IoT sector. They fit together quite well so you'd think the 2 new technologies would be a field day for developers to take off. Seems from my research initially that contractnet seems to be one of the first to push into the segment with a real push.

[Nathan01]

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

Yeah there are a few coins that use PoW algos +PoS algos this is known as a hybrid blockchain, you mine tokens through proof of work and if you HODL the tokens you have mined you can earn more tokens through proof of stake. One example is Hcash!

I don't think this is what ContractNet want to achieve in the long term because its extremely specialised but it is possible to do so!

Wow I must say you did justice to the question and somehow raise the need for investing in the contractnet project the more, knowing I will gain more by holding is a good bargain anytime or what do you think 🤔

I agree, It's good to see some good bullet points like this stating some facts and how advanced the technology they are using which they are trying to implement

I couldn't agree with you more, I didn't come to understand the platform plan for a move from one proof to another until now and it makes more sense to me now, I would like that technical concepts could be simplify  by the implementation of glossary words and placed on  the base of the website and set in motion

[phantam]

I couldn't agree with you more, I didn't come to understand the platform plan for a move from one proof to another until now and it makes more sense to me now, I would like that technical concepts could be simplify  by the implementation of glossary words and placed on  the base of the website and set in motion

Like i said before ContractNet's probably biggest issue is just going to be explaining how the platform and IOT will integrate and how all the pieces fit together, in the end the project has legs to go far, but its also a lot of tech goodies, combining together (IOT+Blockchain), that it might confuse some people so the more articles and advertising and videos explaining the project the better for investors.

[Cnote328]

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140  for Round 2. FYI round 2 ends on the 15th of this month.

[faulerwilli]

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140  for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round