[ANN][RELIANCE][REL]PoS+Masternode – Decentralized Exchange (DEX)

[bxxxGooDxxxd]

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People, we need to add coin in rating Masternodes.
Our coin: "№ 281 RELIANCE (REL)" https://l2rx.com/add.php

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[eliek18]

I think this is a great project, loving it!
Invested in more than one MN and with the current price, i see it go up in time def.
The Dev team has been working so hard to release the DEX platform and the faith of the community has been great so far! keep it up

One of the best MN project out there with great potential!

[h311m4n]

Latest annoucement from Soj on Discord for those who don't check Discord often :

@everyone as you aware our primary use case for REL will be a DEX built on EOS technology. If you have been following the news on EOS, you will be aware that they have had a few hiccups recently with regards to their launch. Our end goal is still the same, to have the fastest DEX on the market, but we are realistically looking at a target date of Q2 2019 for this to eventuate.

In the meantime, to ensure the more immediate usefulness of REL, we are looking to pursue other real-life use cases as short-term initiatives (while progressing the DEX in parallel).

Our first short-term initiative will be opening soon, and it will be a crowdsourcing site run completely on REL (when our DEX is live you will be able to instantly send funds and trade to different currencies that you earn from the crowdsourcing platform).

For people who are unfamiliar with crowdsourcing (Talent as a Service), it is the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people and especially from the online community rather than from traditional employees or suppliers.

What this means is if you are looking for someone to help you with a work PowerPoint presentation, for example, you will be able to list your task on the site, and only qualified people will be able to view and apply to help with your task. You will then be able to select who you want to work on your project (each user will have a rating and reviews from previous work). You will also have an agreed price (in REL) for the task involved and once the task is complete it will be reviewed and then if you are satisfied, you sign off and provide a review of the work. The review-based system ensures a high quality of service, as people working on our crowdsourcing site have incentive to do their very best (people are more likely to give jobs to service providers with higher reviews).

[Namita]

 It is good project I hope this project will get mass adoption, clear goals, a strong team, awesome idea! It is very helpful and ideal project in our community. Keep up the good work and hoping for more development in this project.

[Edgar9]

there will be a card payment option soon, so I believe with that option will be more people who would like to participate

[CryptoDoneWrong]

i am really tempted to start gathering for a node...looks really nice so far.

[HS_nsupply_TEC]

Really i like this coin!

I just setup one masternode!

go on People!

[CryptoDoneWrong]

Really i like this coin!

I just setup one masternode!

go on People!

did you already got your first payout?

[alisia_alica]

My wallet is not syncing still from 1 July. What I can do with it?

[h311m4n]

@everyone

If you need support please, join our discord where someone can/will help you should you have sync issues for example.

On a side note, we currently need to come up with 0.5BTC to swap/fork on Crypto-Bridge. This was explained by lordofcrypto in the #annoucement channel on discord:

Code:

This is a quick announcement and update on what is happening and where we are with REL

1. As we set out to save the community from Fornix and swap to REL, we relied on the community for support and funding out of which we had the REL blockchain and wallets developed, listing on CB paid for and MNO listing fees. 

2. As time went on, we realised there was an issue with the existing REL chain and wallet and this would require us to swap again into a wallet that is based of the PiVX codebase, something we could not do in the first place due to lack of funds, however, we felt that the community that REL had been building would be in a position to help us. 
3. The DEX had to be put on hold after the EoS flaws were discovered, and can only resume after the EoS flaws are addressed by the EoS team. 
4. Crowdsourcing platform, we had developers for this, but, with the falling prices of REL, they opted to be paid in BTC and not REL again leaving us in a predicament considering all the funds within REL and community generated 

Where does this leave us now 

1. In order to move forwards a swap needs to be done, costs for this are at 0.5BTC SWAP/FORK cost at CB which you can verify here - https://crypto-bridge.org/addcoin.php Dev charges - 0.1BTC (he has been really generous and knows the mistake was at his end and agreed to fork at a minimal rate) TOTAL - 0.6BTC 

2. DEX - Still waiting on EoS, but, this will also require funds in the future which will need to be discussed within the community 3. Crowdsourcing - Cost 0.5 - 1 BTC depending on the complexity and integrations of the webapp with the REL blockchain. 

We do have some volunteers to develop the platform, however this takes us back to point 1 on the swap still being an issue. 

As a community coin with little budget, 0.6 BTC is quite a lot. I have organized a giveaway for those who wish to help out by donating a little bit in the #giveaways channel. It goes like this:

Code:

Okay boys and girls, here's a giveaway, but one where we need something from you in return 

Based on the number of thumbs up I got in the #general channel to get a bit of funding our way, I decided to organize a "little" giveaway. 

As you are aware, we currently need to come up with 0.5BTC just to be able to fork on CB and move forward. This giveaway will last 2 weeks from the date of this post (=> 5th September, unless we reach 0.5 BTC earlier) . 

0.05 to 0.10 BTC: 5000 REL 
0.10 to 0.15 BTC: 10000 REL
0.15 to 0.20 BTC: 15000 REL 
0.20 to 0.25 BTC: 20000 REL 
0.25 to 0.30 BTC: 25000 REL 
0.30 to 0.35 BTC: 30000 REL 
0.40 to 0.45 BTC: 35000 REL 
0.45 to 0.50 BTC: 40000 REL 

The REL come from both my stash and @Soj's (50/50), so not from the premine, these are our hard earned coins we're putting up for grabs for the good of the coin so we can get things going. Amounts are not cumulative. For example, if after 2 weeks, we have 0.22 BTC, I will draw one lucky winner for 20000 REL at random using an online random picker.

Rules: 
1. You must donate at least 0.01 BTC (or more) which currently amounts to about 64$ to the BTC donation address given by @Soj in the annoucement channel a while back to enter the giveaway 
2. Every 0.01 counts as one entry. So if you send for example 0.03, you'll have 3 chances to win. But 0.011 still counts as 1. 
3. Once you sent your BTC to the above address, dm me with the amount you sent, the TXID, your discord name and a REL address to send the gains should you win, so I can keep track for the draw 

I do perfectly realize you can buy 10'000 coins for 0.006 BTC on CB atm. See this as a chance to help out REL and maybe win something in return. Think long term, we can only move forward as a community! As a reminder, the BTC deposit address is : 1F65MxaubKnRTcg1PqgTmxPWr7w5mcUDnF 

Please consider joining our discord if you haven't already!

[charmingrubberyra]

I enjoyed the project because you made a new direction for the currency in the form of an Exchange hierarchy or DEX. I believe that the project will succeed

[Lim Delin]

How much is your soft and hard cap? what would happen if you didn't reach the goal?
What price token?
I did not find information about the team, where can I read it?

CryptoBridge,we can see the price of the coin here. All available information about the team, there are official social sources.

[h311m4n]

Hello everyone,

I have update the 1st post with open positions. We are currently hiring a number of people in different areas. If you think you can help, feel free to apply in our discord channel.

Cheers!

[h311m4n]

Hello again,

If there are any developers out there that would be interested in doing some work for Reliance please apply in our discord.

Thanks