fuznutts
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April 27, 2018, 10:48:45 AM |
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Yes it is definitely not an ERC token! It actually is its own chain before they even started the ICO. So unlike most ICOs you can see they have a project that works before they even open buy-ins! This is a really good thing... So many projects sell an "idea" and raise a bunch of funds through an ICO but never deliver. This is what has been giving ICOs a bad name. Having a working blockchain and at least a prototype of what you're going to do is far more convincing to me that the ICO is a good investment than any fancy landing page and white paper could ever be. I wish more projects would work like this. Really helps lend credibility to the crypto space. Yep couldnt be stated better. Only thing id add...is that not only have they got a chain and innovation on their side...but they are ahead on roadmap and just look at their partners in the industry already. What most people dont know is that the guys behind this project have like 500k strong Mary Jane community that has been censored on all current platform and so have decided to make their own...All of this plus what you said makes me very confident indeed.
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fuznutts
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April 27, 2018, 11:03:49 AM |
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Are you building your own blockchain? So no ERC20? I will watch this one, also can you tell me op, what competitors do you see? Already potcoin etc for weed... Are you building your own blockchain? So no ERC20? I will watch this one, also can you tell me op, what competitors do you see? Already potcoin etc for weed... I think Smoke will have its own blockchain, not in ERC token So this coin only for a smoker, smoke everyday and you can earn some smoke also spreading a word of smoke, that the way to earn some smoke coin. Correct me Thank you! --- Smoke.Network is a Delegated Proof of Stake (DPoS) blockchain tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q3 2018 along with our mainnet blockchain. The SMOKE cryptocurrency is not like other cannabis coins as it has different functionality to just a store of value or transmitting money. It is the backbone that runs the Smoke Network blockchain and will power important aspects of the network including content rewards for high quality content. It will also have additional use cases such as buying advertising credits on the Smoke.io DApp in SMOKE and unlocking new features for the Smoke.io app and website. At Smoke Network we respect all cannabis cryptocurrencies in the scene and their ideas for a better future with cannabis. That said, we have been careful to position ourselves as the only decentralized cannabis social network on the market and the only cannabis project aimed at the social networking and media space. We are also the only project in which we believe our Coins have direct utility value on our social network for the average user. --- Smoke get paid, repeat huh? How does that work? Our blockchain is a fork of Steem based on a delegated proof of stake blockchain (similar to EOS and Bitshares, etc). (Delegated Proof of Stake). In this model instead of miners like on Ethereum and Bitcoin we have witnesses and proof of stake consensus. The new rewards are daily put into a reward pool that is then split as follows: 75% goes to the reward pool to reward users on the platform, 15% goes to holders of smoke and 10% goes to the miners. This model has worked great for Steem as users have to Power Up their coins in order to vote on where the daily rewards go as well as vote on who should be the block producers. This creates an environment whereby anyone that powers up has stake in the network and can influence where and how new coins are distributed via voting on content. Long term holders also get issued 15% APR in SMOKE Power if they have vested Smoke. Vested SMOKE (Smoke Power) cannot be sent or moved, only used to vote. Got it. Sounds good. Sounds like one crazy system, sort of makes sense. I think I gotta smoke one and come back before I make my mind up about you guys.
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fuznutts
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April 27, 2018, 11:06:44 AM |
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Are you building your own blockchain? So no ERC20? I will watch this one, also can you tell me op, what competitors do you see? Already potcoin etc for weed... I think Smoke will have its own blockchain, not in ERC token So this coin only for a smoker, smoke everyday and you can earn some smoke also spreading a word of smoke, that the way to earn some smoke coin. Correct me 100% correct. the great thing though is if you look at it they will be even offering strain reviews and much more in their roadmap.
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fuznutts
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April 27, 2018, 11:21:16 AM |
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Yes it is definitely not an ERC token! It actually is its own chain before they even started the ICO. So unlike most ICOs you can see they have a project that works before they even open buy-ins! This is a really good thing... So many projects sell an "idea" and raise a bunch of funds through an ICO but never deliver. This is what has been giving ICOs a bad name. Having a working blockchain and at least a prototype of what you're going to do is far more convincing to me that the ICO is a good investment than any fancy landing page and white paper could ever be. I wish more projects would work like this. Really helps lend credibility to the crypto space. Thank you.. We try our best to underpromise and overdeliver!! Our working testnet has loads of users that are excited about the launch as ever. Please ask. you also have almost 10k people in your telegram
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bushkill
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April 27, 2018, 01:34:20 PM |
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Will there be any resources from the network invested in the fight to legalize cannabis across the US other than just providing a platform for information sharing?
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jabetizo (OP)
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April 27, 2018, 01:45:12 PM |
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Hey, this project looks nice. Do you have a road map? Thanks J
Hello.. Yes, we have a roadmap here: https://smoke.network/roadmap/ hello how long until the mainnet is launched?
How to sign up for testnet?
The mainnet is scheduled for June but we trying to get it ready sooner... Will there be any resources from the network invested in the fight to legalize cannabis across the US other than just providing a platform for information sharing?
Yes indeed! We have partnered with the world's leading global cannabis legalization organization NORML to donate two percent of all ICO proceeds to helping the global legalization movement. We are one of their sponsors, check it out: http://norml.org/sponsors
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fuznutts
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April 27, 2018, 02:36:18 PM |
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Hey, this project looks nice. Do you have a road map? Thanks J
they sure do! Go check out above in the threads first post. they have the roadmap right there
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bushkill
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April 27, 2018, 03:34:12 PM |
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Will there be any resources from the network invested in the fight to legalize cannabis across the US other than just providing a platform for information sharing?
Yes indeed! We have partnered with the world's leading global cannabis legalization organization NORML to donate two percent of all ICO proceeds to helping the global legalization movement. We are one of their sponsors, check it out: http://norml.org/sponsors Awesome, shows up as #2 on the list!
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jpower
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April 27, 2018, 04:27:42 PM |
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Ok thanks. I found the roadmap. J
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krazykrista
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April 27, 2018, 05:44:22 PM |
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I may have to strart partaking in the ganja again so my smoke network blog can be lit.
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thatguyrex1t
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April 27, 2018, 05:46:00 PM |
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jabetizo (OP)
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April 27, 2018, 06:34:05 PM |
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Ok thanks. I found the roadmap. J
Great! Hey btctalkers, check this! I just made this meme. J Nice 1!
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fuznutts
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April 27, 2018, 07:42:38 PM |
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I may have to strart partaking in the ganja again so my smoke network blog can be lit. lol you dont have to partake in ganja. There are people who just sell gear for tobacco smokers that weed smokers use too I mean imagine being a seller of quality products and actually earning stake in the network for promoting your gear...
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bushkill
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April 27, 2018, 08:46:58 PM Last edit: April 27, 2018, 09:07:23 PM by bushkill |
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fuznutts
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April 27, 2018, 09:35:09 PM |
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fuznutts
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April 27, 2018, 09:36:00 PM |
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Doesn't want to let me post images, so here are the link try using postimage.cc
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WizardCount
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April 27, 2018, 10:50:50 PM |
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The project looks very promising! All my favorite technologies are involved! Will see, but so far everything looks like the ICO should be very successful.
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