drip (OP)
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June 06, 2018, 01:55:41 PM |
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We've just responded to all private messages on Discord requesting RVN and LUX addresses to which to mine. If you require a RVN or LUX address, feel free to contact us via private message - either here or on Discord.
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drip (OP)
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June 06, 2018, 07:38:00 PM |
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It's time for another funding update. Just over 98% of our funds received to date has been transferred to Bitcoin. Based on current market value of the other ~2%, our current funding stands at 1.199316886 BTC.
We have 74,060 coins left from the premine funds that were allocated to miner distributions. The distribution to miners today was 8,579. At it's current rate, we'll have enough coins to last us until Friday 15th. We'll provide a further update closer to the time as number of coins mined can fluctuate dramatically.
The reason we haven't achieved the 2 BTC target we set out for is that RVN dropped signficantly against Bitcoin over the past few weeks and we didn't change the ratio of DRIP to RVN (and actually increased the LUX ratio to 125-1).
That being said, fundraising is still a success. Our initial 2 BTC goal included a 10% buffer which, as it turns out, wasn't enough. However, we've already raised enough for CryptoBridge and masternodes.online. The further 0.1 BTC required for masternodes.pro should be reached towards the end of this week and next week will begin funding for the second exchange listing.
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MaracaCrypto
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June 06, 2018, 07:43:34 PM |
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drip (OP)
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June 07, 2018, 12:30:29 AM |
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Initial contact has been made with masternodes.online - however, we need to be listed on CryptoBridge before we can move forward with a listing there.
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drip (OP)
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June 07, 2018, 06:15:50 AM |
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We are down to the final 8 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 8 days and significant returns for the following months.
Discussions have been initiated with CryptoBridge and Masternodes.online and listings are imminent.
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drip (OP)
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June 08, 2018, 10:44:56 AM |
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We are down to the final 7 days of mining. There's still plenty time to request a RVN or LUX address from the DRIP team so that you can mine and earn some DRIP to use for staking - with modest returns on staking for the next 7 days and significant returns for the following months.
Discussions have been initiated with CryptoBridge and Masternodes.online. CryptoBridge have acknowledge receipt of our application and will be in touch soon.
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Maverik93
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June 09, 2018, 07:32:45 AM |
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Hi DRIP, new wallet v1.0.2.3 seems to be faster than previous one, good job!
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drip (OP)
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June 09, 2018, 05:42:15 PM |
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Hi DRIP, new wallet v1.0.2.3 seems to be faster than previous one, good job!
Thanks Maverik93
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pakboi
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June 09, 2018, 05:53:46 PM |
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This project is very interesting. I will be investing and do start staking.
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drip (OP)
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June 10, 2018, 06:36:07 PM |
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In preparation for the huge increase in masternode rewards coming next week, here is a new Github repository with a masternode setup script. Please let us know if you need any further assistance. https://github.com/DRIP-Project/vps
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drip (OP)
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June 10, 2018, 07:19:48 PM |
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As the panic seems to be setting in to secure DRIP at the, never to be seen again, miner program prices, today's coin distribution to miners was a record 11,568 DRIP and there are 35,568 coins left for distribution. It looks like demand is exceeding supply and we'll have to close the mining program early.
Please plan accordingly by starting to switch your miners to alternative coins on Tuesday or Wednesday.
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drip (OP)
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June 11, 2018, 06:19:42 PM Last edit: June 14, 2018, 03:24:35 PM by drip |
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As the end to our mining program is fast approaching, we have just paid our listing fee for stocks.exchange and expect to be listed on Wednesday or Thursday. The intention was always for CryptoBridge first, then backup - but their current issues could not be predicted and we've got to deal with the hand we're dealt.
For those of you mining, there's still a little time left. For those of you looking for a high-return masternode, coins will be available in stocks.exchange. We estimate returns in the region of 35-40% daily beginning 15th June, before dropping back slowly towards more sustainable levels. The high returns during the initial months are required to ramp up circulating supply before we activate zerocoin (which requires doesn't work properly with low supply due to the accumulators available).
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drip (OP)
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June 11, 2018, 07:56:50 PM |
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Todays payouts are complete. They were made at block 36,984 via the following transaction: http://explorer.dripcoin.tech/tx/a8ebc2b4950af69bcc6ebff36873f3a76ca1527fcb638ce4ad77d79ff6933d1cHigh demand has forced us to close the mining program early - last payout now scheduled for this Wednesday. After that, we'll be available for purchase on stocks.exchange - and block rewards will be increasing on Friday for both stakers and masternodes.
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drip (OP)
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June 12, 2018, 12:21:38 PM |
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Now that it is LIVE, there are even more reasons to support DRIP. Kind of makes you want to DM all the naysayers that have been talking about this project's "bleak" future. Good luck to the DRIP team and all the DRIP supporters out there To be honest, I've not come across many people with bad comments about DRIP. I've been waiting for the typical FUD spreaders you see on most Discords on our group but there's been nothing of note to date. To be honest, a review of our block rewards on Github, our method of funding, our distribution of coins to miners, our transparency with regards to spending of funds and our plans for the future all mean that we'll be able to shoot down any FUD without a problem.
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drip (OP)
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June 12, 2018, 06:24:01 PM Last edit: June 12, 2018, 07:15:55 PM by drip |
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https://masternodes.pro/coming_soonAs you'll see above, DRIP has fully paid the listing fee for masternodes.pro. We cannot proceed with masternodes.online until the exchange listing is complete - which should be within 24 hours.
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