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Jahvinci (OP)
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March 18, 2018, 03:43:30 AM
Last edit: September 11, 2020, 03:14:13 PM by Jahvinci |
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  Welcome to the official MotaCoin bitcointalk page!Check out our newly designed Website!
BTC~~https://www.MotaCoin.net~~BTC
What makes MotaCoin different? MotaCoin has adopted the approach of the Ripple and Stellar, when it comes to recruiting new businesses to their platform. Ripple and Stellar both had pre-mined an amount of coins that is being given to relevant businesses in their target industries. For Ripple and Stellar, that means banks.
We liked that idea so much, we decided to apply that novel approach to MotaCoin!
We've set ourselves apart from our competitors, due to the fact that there will be a 10 million coin premine with the sole purpose of industry adoption. No other marijuana coin has any amount of coins with the expressed intent of giving them away to the target industry: Marijuana Dispensaries. If you have been watching the marijuana altcoin market for years, as I have, you undoubtedly noticed that the entire sector seemingly froze. Very little progress toward mainstream adoption. You rarely, if ever, hear about dispensaries accepting these coins as payment. And in my opinion, the reason for that is this: Dispensary owners are going to want a stake in it. If they are going to train their staff on how to use crypto, in terms of point-of-sale commerce, then they are definitely going to want to make sure they have enough of that coin to make the trouble worthwhile. I haven't seen any other marijuana coin that sets aside pre-mined coins with the sole purpose of giving away to dispensaries in order to give them incentive to join the network. MotaCoin is the only one in our sector doing this. How is that going to work exactly? Each dispensary will be offered tiered packages The terms of each package will be put together in a contract. The terms are listed below. Tier 1 Package: 100,000 MotaCoin- Acceptance of MotaCoin as payment
- Place our MotaCoin banner on business's homepage
- Allow a MotaCoin poster to be hung within view of the main area of business
- Allow a brochure box to placed next to their Point of Sale terminal
- Note: Each time a dispensary signs on, there will be a public announcement.
Tier 2 Package: 75,000 MotaCoin- Acceptance of MotaCoin as payment
- Place our MotaCoin banner on business's homepage
- Allow a brochure box to placed next to their Point of Sale terminal
Tier 3 Package: 50,000 MotaCoin- Acceptance of MotaCoin as payment
- Place our MotaCoin banner on business's homepage
Tier 4 Package: 25,000 MotaCoin- Acceptance of MotaCoin as payment
Algorithm: X-13 Proof of Stake: 6% - 12% (6% until block 1,234,509 | 12% from then on) Proof of Work: PoW mining rewards until block 1,234,509 [/size] Coin Supply: 100 million + PoS Inflation
Launch Date: We are live as of March 18th 2018! Linux | Windows | Mac | Raspberry Pi |  |  | |  |
We're launching this project from the belly of the beast. Los Angeles, California. Launching from Los Angeles provides the MotaCoin project with a decisive advantage. That advantage is a blend of culture, diversity, and most of all...tons of marijuana dispensaries. To give you an idea of what we're looking at, take a peek through the lens of weedmaps.com:  This is just a small fraction of the playing field available for the MotaCoin team. With this magnitude of dispensaries available, there are countless opportunities to be grasped and limitless possibilities to be explored. Take the sheer numbers of weed retailers combine it with the cultural phenomena that is cryptocurrency, and it will deliver in creating an opportunity most people couldn't dream up. Think about it, of all the industries that blockchain technology is affecting, which among them has a greater need for decentralized payment systems than the emerging recreational marijuana market. The Los Angeles marijuana market is being taken by storm given the recent legalization approved by US citizens. This legalization doesn't solve all of the marijuana markets problems though. The banking aspect of these businesses has typically not looked very bright. However, with the introduction of Bitcoin and other cryptocurrencies, the entire payment infrastructure is being innovated. The need for decentralized payment systems with these marijuana retailers is becoming increasingly apparent as time moves forward. We have a unique approach toward recruiting dispensaries to join the MotaCoin network. Unique in a sense that no other marijuana coins have tried, but not unique in the sense that it's been tried and tested by both Stellar and Ripple. Both of those coins premined amounts of coin with the sole purpose of giving it away to industry leaders and players. That's what we're doing. We're premining a large portion of coins to be given to dispensaries at no cost, as incentive for them to join the network and experiment with our new payment tech. Not only are we giving away coins to dispensaries, we also have a sizable portion of coin that is destined for air drops and give aways. How will the Proof of Work coins be released?All 46,900,000 MotaCoin will be released as follows: | Reward | | | Up To Block Number | | 0.42 | | | 10,000 | | 75 | | | 61,742 | | 65 | | | 123,484 | | 55 | | | 185,226 | | 50 | | | 246,968 | | 47 | | | 308,710 | | 44 | | | 370,452 | | 41 | | | 432,194 | | 39 | | | 493,936 | | 37 | | | 555,678 | | 35 | | | 617,420 | | 33 | | | 679,162 | | 32 | | | 740,904 | | 31 | | | 802,646 | | 30 | | | 864,388 | | 29 | | | 926,130 | | 28 | | | 987,872 | | 27 | | | 1,049,614 | | 26 | | | 1,111,356 | | 25 | | | 1,173,098 | | 21.81 | | | 1,234,509 |
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vinayak2628
Copper Member
Jr. Member
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Activity: 182
Merit: 2
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March 18, 2018, 04:13:38 AM |
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Do you have any bounty campaigns?
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AmoreJaz
Legendary
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Activity: 3094
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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March 18, 2018, 04:56:29 AM |
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Much better launch with a very nice and informative ANN. Very well done compared to your last ANN. i am certainly impressed with the huge improvements made.
Great JOB
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▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Imaha486
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March 18, 2018, 05:16:49 AM |
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MotaCoin test pool x13(fee2%)
Baikal Giant+ (x13 algo)
URL stratum+tcp://63.142.252.188:5002
Algo x13
User YOUR_WALLET
Pass x
But, No block found now.
If found, Currently, block reward is limited to 0.42 Mota.
In other words, you mine it now, you lose. This is a volunteer.
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Jahvinci (OP)
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March 18, 2018, 05:30:26 AM
Last edit: October 06, 2019, 09:23:13 PM by mprep |
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MotaCoin test pool x13(fee2%)
Baikal Giant+ (x13 algo)
URL stratum+tcp://63.142.252.188:5002
Algo x13
User YOUR_WALLET
Pass x
But, No block found now.
If found, Currently, block reward is limited to 0.42 Mota.
In other words, you mine it now, you lose. This is a volunteer.
The block reward has been, under the Beta test, 0.042 MotaCoin per block. There have been several warnings in discord and on the mining pool Luckyaltcoin.com, that this was Beta and the coins are not going to be kept. We are launching for real, tomorrow, and the mining reward of 75 blocks per coin does not kick in until after the ICO. In the meantime, the coin will still be available to be mined and THIS TIME, you may keep whatever coins mined. The mining reward is going to be very small until the end of the ICO. The reward until the ICO ends is going to be 0.42 MotaCoin per block. This is 10x higher than the past two weeks in beta. So any coins lost via mining over the past week will easily be recooperated.
Do you have any bounty campaigns?
Yes we do, we are hashing the details out. Any suggestions? |
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dulongkiem
Member
Offline
Activity: 177
Merit: 10
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March 18, 2018, 08:04:46 AM |
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nice ,look good
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satishchennnupati
Newbie
Offline
Activity: 28
Merit: 0
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March 18, 2018, 01:34:51 PM |
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reserved for translation in Hindi (Indian).
All the best to dev team.
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ElhanAuzan
Newbie
Offline
Activity: 140
Merit: 0
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March 18, 2018, 01:57:11 PM |
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do you have translation bounty??
reserved for indonesian translation if yes
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xxkaiwaxx
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March 18, 2018, 11:43:15 PM |
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Any windows wallet? So we can setup our miners?
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bones261
Legendary
Offline
Activity: 1806
Merit: 1827
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March 19, 2018, 12:24:54 AM
Last edit: March 19, 2018, 02:47:29 AM by bones261 |
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Any windows wallet? So we can setup our miners?
The new wallet hasn't been released, yet. If you want to get a jump on it, you will have to try and compile it yourself. I'm electing to be lazy and will wait. Edit:Wallet available now. |
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Jahvinci (OP)
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March 19, 2018, 03:09:44 AM
Last edit: October 06, 2019, 09:23:28 PM by mprep |
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We are live ladies, gentleman, and nongendered dragonkin!
DEV Can you please apply to Vicex? Its free to list coin. We just need 200 votes after you have listed the coin. LISTING RULES! Every Monday, Wednesday and Friday, according to the voting results, one coin passes into the Planned. Minimum votes need to be 200. If you have not collected 200 votes - your votes are not reset. you can vote every 24 hours for sign up follow this link: https://acc.vicex.io/signup.php?invite=35c4e048-251b-4109-b5f467edf231then vote on this site: https://acc.vicex.io/acc/listingFor info : VICex.io is tracking vote for IP+Account so do not create number of account and vote from same PC for same coin. Otherwise ACC may get banned before it got listed. Thank you for the link, I went ahead and submitted MotaCoin!
Much better launch with a very nice and informative ANN. Very well done compared to your last ANN. i am certainly impressed with the huge improvements made.
Great JOB
Thank you very much. I can't tell you how much hard work went into this. |
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Cryptonium12
Newbie
Offline
Activity: 70
Merit: 0
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March 19, 2018, 05:30:45 AM |
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Great. Keep it going. Goodluck to the team
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miner2k18
Newbie
Offline
Activity: 62
Merit: 0
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March 19, 2018, 10:02:44 AM |
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I want to start mining this coin, what all do I need to do to start mining it ? Any help? Thanks
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Jahvinci (OP)
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March 19, 2018, 06:03:40 PM |
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I want to start mining this coin, what all do I need to do to start mining it ? Any help? Thanks
You can use a mining pool such as luckyaltcoin |
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morningdsdes
Newbie
Offline
Activity: 28
Merit: 0
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March 20, 2018, 04:21:52 AM |
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nice ,look good
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NateDogg187
Newbie
Offline
Activity: 56
Merit: 0
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March 21, 2018, 01:16:20 AM |
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so the block rewards will increase after the ICO on 3/23 right?, not on 4/10 after launch?
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xxkaiwaxx
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March 21, 2018, 02:31:33 AM |
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so the block rewards will increase after the ICO on 3/23 right?, not on 4/10 after launch?
It says in the OP. Rewards increase when 10k blocks have been mined. Date is irrelevant. Although, would be nice if i was wrong. No doubt about that. |
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NateDogg187
Newbie
Offline
Activity: 56
Merit: 0
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March 21, 2018, 03:15:36 AM |
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yeah I read another post that said "The mining reward is going to be very small until the end of the ICO. The reward until the ICO ends is going to be 0.42 MotaCoin per block." then I saw it changes reward at block 10k in PoW table. so I guess ico will be over around the time we hit block 10k.
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bones261
Legendary
Offline
Activity: 1806
Merit: 1827
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March 21, 2018, 03:22:42 AM |
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yeah I read another post that said "The mining reward is going to be very small until the end of the ICO. The reward until the ICO ends is going to be 0.42 MotaCoin per block." then I saw it changes reward at block 10k in PoW table. so I guess ico will be over around the time we hit block 10k.
I think the Dev is expecting to wrap up to ICO about April the 10th. However, the price he is going to be asking per coin is rather inexpensive. I think the ICO has a good chance of selling out way before then. Could be wrong. |
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ghosong
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March 21, 2018, 03:47:23 AM |
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I think this is a good project I will participate in this ICO until ICO is over.
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