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Author Topic: [ANN][NO-PREMINE][QuarryMN][EtherGEM] An ethereum network with a different view  (Read 15532 times)
frankkkkkkk
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March 27, 2018, 12:34:54 AM
 #41

There are already many eth folik,they have not future...Please stop making similar items
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March 27, 2018, 04:56:30 AM
 #42

There are already many eth folik,they have not future...Please stop making similar items


Please stop making ICOs, there is so many of them already.
tbates76
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March 27, 2018, 03:08:30 PM
 #43

There are already many eth folik,they have not future...Please stop making similar items

What is a folik?
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March 27, 2018, 09:41:45 PM
 #44

I think he meant frolic like frolic in the tall grass.   Shocked  Wink
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March 28, 2018, 05:16:40 PM
 #45

There are already many eth folik,they have not future...Please stop making similar items


Please stop making ICOs, there is so many of them already.


WORD  Cool
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March 28, 2018, 06:50:51 PM
 #46

 Grin
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March 28, 2018, 07:26:38 PM
Last edit: March 28, 2018, 08:43:22 PM by osamadeep
 #47

this coin has been promoted in new coin group, good luck team!
https://t.me/NewCryptoANN
yonganli1980
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March 29, 2018, 11:06:36 AM
 #48

Is there a wallet?
SmashPool
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March 29, 2018, 03:07:59 PM
 #49

reserved pool
alttankcanada
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March 29, 2018, 05:05:35 PM
 #50

Reserved Pool - http://www.alttank.ca
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March 29, 2018, 08:59:30 PM
 #51

1 day guys ! 1 day ...
air133
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March 29, 2018, 09:01:33 PM
 #52

Where you roadmap?
need more informatio about you project.
you only have general phrases and nothing concrete.
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March 29, 2018, 11:40:27 PM
 #53

Web wallet will be released in few hours... Keep an eye on main post or EGEM.IO
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March 29, 2018, 11:52:44 PM
 #54

Not much info on this project... is your white paper coming? Would like to read it, to understand what is your goal? i think i saw something similar to this a few days ago

Website            ◆◇◆◇◆◇◆◇ VELOX ◇◆◇◆◇◆◇◆       ◆ ANN Thread
Whitepaper     The Future of Anonymous Trading      ◆ Twitter       
Discord             ◆◇◆◇◆◇◆◇◆◇◆◇◆◇◆◇◆◇◆◇◆       ◆ Telegram   
matbu
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March 30, 2018, 01:24:50 AM
 #55

Reserved - French translation
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March 30, 2018, 02:09:37 AM
 #56

Is there a wallet?

Webwallet just out : https://myegemwallet.com/
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March 30, 2018, 02:10:55 AM
 #57

https://myegemwallet.com/  is now available for use.  Currently the downloadable wallet is still being programmed/tested

Also take note of the launch TIME on https://egem.io/  
Justanothercrypto
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March 30, 2018, 02:33:59 AM
 #58

While I support this project, I do have some concerns...

Firstly, the coin is launching with its own exchange. Is this run by the devs of the coin? If so, are we trading FIAT>Crypto or Crypto-Crypto, and are we trusting our bitcoins to the dev team to hold for us?

Secondly, look at the breakdown of the dev fees across the ERAs.

BLOCK ERAS                            
----------------------------------------------------------------------------  
5000 - 2,500,000 (ERA0)                                                     8 EGEM Block reward + 1 (ERA0) DEV CUT: 11.11%
2,500,001 - 5,000,000 (ERA1)                                              4 EGEM Block reward + 0.75 (ERA1) DEV CUT: 15.8%
5,000,001 - 7,500,000 (ERA2)                                               2 EGEM Block reward + 0.5 (ERA2) DEV CUT: 20%
7,500,001 - 10,000,000 (ERA3)                                               1 EGEM Block reward + 0.25 (ERA3) DEV CUT: 20%
10,000,001 - 12,500,000 (ERA4)                                               0.5 EGEM Block reward + 0.1 (ERA4) DEV CUT: 16.67%
12,500,001 - 15,000,000 (ERA5)                                                0.25 EGEM Block reward + 0.05 (ERA5) DEV CUT: 16.67%
15,000,001+ (ERA6)                                                                   0.125 EGEM Block reward + 0.025 (ERA6) DEV CUT: 16.67% (16.67% forever/until coin cap is created)
----------------------------------------------------------------------------  

So for the first 5000 - 2,500,000 (ERA0) blocks, they get 2,495,000 EGEM for themselves

At the end of ERA3 they'll have 6,250,000 EGEM and everyone else will have 37,500,000 (16.66666666666667% of all EGEM coins)

Does any of this raise any red flags or suspicion for anyone else? Could the devs please weigh in on this and explain why the dev fee is so high, and why it is needed at all?
riddlez666
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March 30, 2018, 03:45:52 AM
 #59

Accounting for inflation along the way you are looking at some pretty different numbers, but it looks like you did not. Also the exchange is only a idea currently, and would have outside 3rd party's involved for the issues you stated above thats if we go thru with the idea. The eras you speak of span years and we will be donating most of our coins back to the community and projects that join us. Thank you for the concerns and thoughts.
air133
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March 30, 2018, 06:52:23 AM
 #60

While I support this project, I do have some concerns...

Firstly, the coin is launching with its own exchange. Is this run by the devs of the coin? If so, are we trading FIAT>Crypto or Crypto-Crypto, and are we trusting our bitcoins to the dev team to hold for us?

Secondly, look at the breakdown of the dev fees across the ERAs.

BLOCK ERAS                            
----------------------------------------------------------------------------  
5000 - 2,500,000 (ERA0)                                                     8 EGEM Block reward + 1 (ERA0) DEV CUT: 11.11%
2,500,001 - 5,000,000 (ERA1)                                              4 EGEM Block reward + 0.75 (ERA1) DEV CUT: 15.8%
5,000,001 - 7,500,000 (ERA2)                                               2 EGEM Block reward + 0.5 (ERA2) DEV CUT: 20%
7,500,001 - 10,000,000 (ERA3)                                               1 EGEM Block reward + 0.25 (ERA3) DEV CUT: 20%
10,000,001 - 12,500,000 (ERA4)                                               0.5 EGEM Block reward + 0.1 (ERA4) DEV CUT: 16.67%
12,500,001 - 15,000,000 (ERA5)                                                0.25 EGEM Block reward + 0.05 (ERA5) DEV CUT: 16.67%
15,000,001+ (ERA6)                                                                   0.125 EGEM Block reward + 0.025 (ERA6) DEV CUT: 16.67% (16.67% forever/until coin cap is created)
----------------------------------------------------------------------------  

So for the first 5000 - 2,500,000 (ERA0) blocks, they get 2,495,000 EGEM for themselves

At the end of ERA3 they'll have 6,250,000 EGEM and everyone else will have 37,500,000 (16.66666666666667% of all EGEM coins)

Does any of this raise any red flags or suspicion for anyone else? Could the devs please weigh in on this and explain why the dev fee is so high, and why it is needed at all?

I completely agree with you.
Very high fees for developers, it should be at 10% but not 16%.
And you did not answer the road map. what are your plans for the future, what will you do.
Or you just fork ether?
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