[ANN] Akencash - UNIVERSAL, SCALABLE BLOCKCHAIN PLATFORM

[Turbogame]

How is it differ from similar projects?

Hi! Thanks for your question! 

Let us be honest, we can not be competitors to such a huge projects like Dash or PIVX, at least at this moment. But in comparison to other masternode projects we have a foundation which was established to maintain, develop, improve and promote the AKN project. Every month we’re going to discuss ideas of every community member, run voting and choose the best concepts. Near the end of each month (approximately on 25th day of the month) all the concepts will be received and considered, then the decision will be announced and accepted. Those concepts will be included to the following workflow process that directed to evolve system and platform. So, we have an intention to build a great community with accessible payment platform 


[Turbogame]

HOW TO UPDATE WALLET

Just replace your current akencash-qt.exe (or Akencash Core.app on MacOS) with recent version (v0.4.4.1):
https://aken.cash/#wallets

It's also a good idea to backup your wallet (File->Backup Wallet) before doing an upgrade.

HOW TO UPDATE MASTERNODE TO V0.4.4.1
https://aken.cash/help.php#update

[Lantic_Mining]

Hi! Thank you for your opinion and support! We understand your disappointment. Let us explain. For such a step there are some reasons we posted above. Besides those reasons, we want to gather a community of interested members and long terms investors. When member is being a masternode holder, he has a stronger interest to be steady participant of the system. Nothing impede you to buy masternode now with a pretty low price. It can give a good profit in prospect and possibility to take active participation in development of the project. You can share your ideas, propose it and vote every month. As you can see we don't get reward from each block, there is no such point in reward division. We just have a foundation (50 masternodes) which directed to improve, evolve and promote the project. All the funds from foundation will be used for following modernization and expansion of the platform like system updates, mobile wallets, promotions, bounties, listings on exchanges and all the clauses from the roadmap (https://aken.cash/#roadmap).
It's not about lack of planning, it's about flexibility and desire to move on. We act according to our roadmap.
Of course we need to sell masternodes to extend network and use funds to promote platform, getting it more popular and attracting new community members. Listing on a big exchange takes a lot of money. Let's consider HitBTC for instance. The cost of listing on this exchange is 15 BTC. Marketing is expensive field as well.
Do you think it's not a good move? What can you advise us and what actual steps would you make as a team member?
Let's discuss it. Please, feel free to ask us any question you have. We want to know any point of view of every community member. It's important to us.

Well, there's no disappointment - whilst we briefly put a small rig on it on when launched we don't have any rigs mining Aken now or host any Aken MN's. Our decision was that it didn't offer anything other than a speculative mining opportunity and there were better returns available.

The coin doesn't seem to have any unique use cases and is simply offering another method of payment. The switch to focus almost solely on MN sales and rewards will reduce the community support significantly and correspondingly the chance of the coin being adopted over the hundreds(?) of other coins with an almost identical roadmap and lack of unique uses.

There are currently only enough Aken for three MN's available for sale through your exchange meaning that anyone wanting to host one is going to have little choice but to buy it from the devs premine. I'm not saying that makes the coin a scam but MN sales and premine dumping are the most common kinds of exit scams so you can see why (without any visible community requirement for it on here, Discord or Telegram) today's announcement is a red flag.

[Turbogame]

Hi! Thank you for your opinion and support! We understand your disappointment. Let us explain. For such a step there are some reasons we posted above. Besides those reasons, we want to gather a community of interested members and long terms investors. When member is being a masternode holder, he has a stronger interest to be steady participant of the system. Nothing impede you to buy masternode now with a pretty low price. It can give a good profit in prospect and possibility to take active participation in development of the project. You can share your ideas, propose it and vote every month. As you can see we don't get reward from each block, there is no such point in reward division. We just have a foundation (50 masternodes) which directed to improve, evolve and promote the project. All the funds from foundation will be used for following modernization and expansion of the platform like system updates, mobile wallets, promotions, bounties, listings on exchanges and all the clauses from the roadmap (https://aken.cash/#roadmap).
It's not about lack of planning, it's about flexibility and desire to move on. We act according to our roadmap.
Of course we need to sell masternodes to extend network and use funds to promote platform, getting it more popular and attracting new community members. Listing on a big exchange takes a lot of money. Let's consider HitBTC for instance. The cost of listing on this exchange is 15 BTC. Marketing is expensive field as well.
Do you think it's not a good move? What can you advise us and what actual steps would you make as a team member?
Let's discuss it. Please, feel free to ask us any question you have. We want to know any point of view of every community member. It's important to us.

Well, there's no disappointment - whilst we briefly put a small rig on it on when launched we don't have any rigs mining Aken now or host any Aken MN's. Our decision was that it didn't offer anything other than a speculative mining opportunity and there were better returns available.

The coin doesn't seem to have any unique use cases and is simply offering another method of payment. The switch to focus almost solely on MN sales and rewards will reduce the community support significantly and correspondingly the chance of the coin being adopted over the hundreds(?) of other coins with an almost identical roadmap and lack of unique uses.

There are currently only enough Aken for three MN's available for sale through your exchange meaning that anyone wanting to host one is going to have little choice but to buy it from the devs premine. I'm not saying that makes the coin a scam but MN sales and premine dumping are the most common kinds of exit scams so you can see why (without any visible community requirement for it on here, Discord or Telegram) today's announcement is a red flag.

Thank you for the point of view! We understand you. You're right, at the start we don't have significant distinctions. The only important thing we have is a voting system which not many projects use.
To develop project and make it more notable we need a strong marketing campaign and we're working on it. Promotion activities take funds, so we need to sell some quantity of nodes. There is no many coins at this moment because the network works for just 20 days.
Thank you for your opinion! We have to consider it. We'll make updates and see how it affects to platform and community. If it brings a huge negative effect, we'll arrange a voting and discussion with community members, then we'll use our flexibility and change the algorithm. What do you think?

[Lantic_Mining]

Thank you for the point of view! We understand you. You're right, at the start we don't have significant distinctions. The only important thing we have is a voting system which not many projects use.
To develop project and make it more notable we need a strong marketing campaign and we're working on it. Promotion activities take funds, so we need to sell some quantity of nodes. There is no many coins at this moment because the network works for just 20 days.
Thank you for your opinion! We have to consider it. We'll make updates and see how it affects to platform and community. If it brings a huge negative effect, we'll arrange a voting and discussion with community members, then we'll use our flexibility and change the algorithm. What do you think?

I guess we just wouldn't agree that the community effect of the change is worth it just to increase the attractiveness and price of the MN's. The long term effect on the coin we think will be negative although short term I guess you will sell plenty of MN's when the ROI is published on masternode sites.

Like I said we don't have a stake in this and may be wrong but it's enough for us at least to avoid any involvement. If it's simply your way of solving your mining centralisation problem then the algo switch you mentioned would make more sense.

[galaktika]

Our website service provider experienced outage.
We're in a process of transferring it to a cloud to prevent further offlines.

[galaktika]

Technical problems with the site.
Problems in the provider's datacenter.
We apologize for the inconvenience.

We remind the community about the update!

We have transferred the update instruction for you to the google file.
You can download updated wallets at Github.
There are left ~ 400 blocks.

HOW TO UPDATE WALLET

Just replace your current akencash-qt.exe (or Akencash Core.app on MacOS) with recent version (v0.4.4.1):
https://github.com/akencash/akencash/releases

It's also a good idea to backup your wallet (File->Backup Wallet) before doing an upgrade.

HOW TO UPDATE MASTERNODE TO V0.4.4.1
https://docs.google.com/document/d/1oqMD7XXNBSAUlgWvG4eCKiMLu0jgzipvTc1gdI3fEtw/edit?usp=sharing

[galaktika]

Our website service provider experienced outage.
We're in a process of transferring it to a cloud to prevent further offlines.

Website is back online!

[Turbogame]

Thank you for the point of view! We understand you. You're right, at the start we don't have significant distinctions. The only important thing we have is a voting system which not many projects use.
To develop project and make it more notable we need a strong marketing campaign and we're working on it. Promotion activities take funds, so we need to sell some quantity of nodes. There is no many coins at this moment because the network works for just 20 days.
Thank you for your opinion! We have to consider it. We'll make updates and see how it affects to platform and community. If it brings a huge negative effect, we'll arrange a voting and discussion with community members, then we'll use our flexibility and change the algorithm. What do you think?

I guess we just wouldn't agree that the community effect of the change is worth it just to increase the attractiveness and price of the MN's. The long term effect on the coin we think will be negative although short term I guess you will sell plenty of MN's when the ROI is published on masternode sites.

Like I said we don't have a stake in this and may be wrong but it's enough for us at least to avoid any involvement. If it's simply your way of solving your mining centralisation problem then the algo switch you mentioned would make more sense.

Thank you for your opinion, it's really important and worthy to us

[Turbogame]

Important message, guys! Due to technical issues from the provider side, we ask every community member who took a participation in the "Masternode Chance" campaign to resend email with all the required screenshots from terms of the campaign, which are:
2. Make a screenshot from Your personal trade history, confirming Your 2400 AKN buying
4. Provide a proof of Your withdrawal where we can see all the transaction details - transaction txid.
5. Provide the address which You used to withdraw 2400 AKN (mentioned in p.3)

Please, resend all the information described above to akencashpublic@gmail.com
We’re sorry for inconvenience. Thank you for your understanding!

HOW TO UPDATE WALLET

Just replace your current akencash-qt.exe (or Akencash Core.app on MacOS) with recent version (v0.4.4.1):
https://github.com/akencash/akencash/releases

It's also a good idea to backup your wallet (File->Backup Wallet) before doing an upgrade.

HOW TO UPDATE MASTERNODE TO V0.4.4.1
https://docs.google.com/document/d/1oqMD7XXNBSAUlgWvG4eCKiMLu0jgzipvTc1gdI3fEtw/edit?usp=sharing

[sp3shal]

Just another shit coin, you change the reward like this and you wont have miners to fill up your masternode holders wallets.

The miners make the coin not the master node holders. If no one mines then no masternode holders get paid.

[Turbogame]

Just another shit coin, you change the reward like this and you wont have miners to fill up your masternode holders wallets.

The miners make the coin not the master node holders. If no one mines then no masternode holders get paid.

Hi! Thank you for your point of view! We'll see how these changes affect to the project. In the case of negative scenario we'll make essential arrangements.

[Turbogame]

Important message, guys! Due to technical issues from the provider side, we ask every community member who took a participation in the "Masternode Chance" campaign to resend email with all the required screenshots from terms of the campaign, which are:
2. Make a screenshot from Your personal trade history, confirming Your 2400 AKN buying
4. Provide a proof of Your withdrawal where we can see all the transaction details - transaction txid.
5. Provide the address which You used to withdraw 2400 AKN (mentioned in p.3)

Please, resend all the information described above to akencashpublic@gmail.com
We’re sorry for inconvenience. Thank you for your understanding!

HOW TO UPDATE WALLET

Just replace your current akencash-qt.exe (or Akencash Core.app on MacOS) with recent version (v0.4.4.1):
https://github.com/akencash/akencash/releases

It's also a good idea to backup your wallet (File->Backup Wallet) before doing an upgrade.

HOW TO UPDATE MASTERNODE TO V0.4.4.1
https://docs.google.com/document/d/1oqMD7XXNBSAUlgWvG4eCKiMLu0jgzipvTc1gdI3fEtw/edit?usp=sharing

[Turbogame]

Hello, guys! We have some minor news for you! AkenCash has been listed on Graviex exchange!
https://graviex.net/markets/aknbtc

[Renegade1979]

I wonder why bsod.pw won't link the profitability of such a wonderful neoscrypt coin with 90% reward to MN holders. Mostly ppl wouldn't even notice it if not for its listing at bsod.pw and this one is a month old! Though with just 1000 sat price and 1.4 coin a block ppl won't get much at diff 5-6

[Renegade1979]

Tested a bit with 0.9 MH/s of digging that and that won't give miners more than 5500 sat a day... really riDICKulous MN coin meant for for MN holders so let them do the digging themselves so they could run their own network for getting all the frofits for themselves well unless that reward thang ain't being imitated through POS of some sort

[rose8963]

Tested a bit with 0.9 MH/s of digging that and that won't give miners more than 5500 sat a day... really riDICKulous MN coin meant for for MN holders so let them do the digging themselves so they could run their own network for getting all the frofits for themselves well unless that reward thang ain't being imitated through POS of some sort

Akencash (AKN) has been listed on Graviex exchange!

https://graviex.net/markets/aknbtc

Congratulation !

Wish you very happy trading !

[galaktika]

Hello, guys! Minor news for you! AKN has been listed on the monitoring system Masternodes.pro

https://masternodes.pro/stats/akn

Developers of Masternodes.pro are working on updates of the platform at the moment.
So the information like "Specification", "Coin information" and "Masternode guide" will be available in the future.

[rose8963]

Hello, guys! Minor news for you! AKN has been listed on the monitoring system Masternodes.pro

https://masternodes.pro/stats/akn

Developers of Masternodes.pro are working on updates of the platform at the moment.
So the information like "Specification", "Coin information" and "Masternode guide" will be available in the future.

Akencash (AKN) stats live on Masternodes.pro

https://twitter.com/MasterNodesPro/status/983552915842383872

https://news.masternodes.pro/aken-cash-akn-stats-live/

Congratulation !

Wish you very happy trading !

[AllCoinGuru]

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