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Author Topic: [ANN] Minereum - First Self Mining Smart Contract - FREE GENESIS ADDRESSES NOW  (Read 34329 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (19 posts by 6 users deleted.)
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December 12, 2019, 09:59:21 AM
 #321

Good job Dev! I have a question, do you think that making a distribution without restrictions, that a large number of coins will be in several hands and it will in the future will have a negative impact on the price of the coin

i already said this few posts ago
https://bitcointalk.org/index.php?topic=4495159.msg53300382#msg53300382
went away to do hundreds of addresses
I'm going to make myself some  Cheesy
On the one hand, the idea is not bad, if we consider what is extracted from the address of only 2 MNE per day ,but if there are too many addresses over time, there will be a lot of coins in circulation plus old addresses, perhaps it was necessary to consider reducing the production of coins from one address , and limit the distribution of addresses in one hand  Undecided

 
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December 12, 2019, 10:08:14 AM
Last edit: December 12, 2019, 10:30:13 AM by minereum
 #322

Good job Dev! I have a question, do you think that making a distribution without restrictions, that a large number of coins will be in several hands and it will in the future will have a negative impact on the price of the coin

i already said this few posts ago
https://bitcointalk.org/index.php?topic=4495159.msg53300382#msg53300382
went away to do hundreds of addresses

There is some fundamental difference between minereum 1.0 and minereum V2.

Minereum V2 will allow Genesis Address Holders to sell them. In theory a Genesis Address that is spent will have less value than a Genesis Address that is not spent, therefore that should be an incentive for owners not to sell their coins. Another aspect is that with V2 we will introduce a new feature that will allow owners to destroy their Genesis Addresses in exchange for a % of the balance.

For example if you choose to destroy one of your addresses you will get for example 100 MNE and the remaining 31,900 MNE that were supposed to be self mined for 50 years will be destroyed. So instead of waiting 50 days to get those 100 MNE you will be able to do it immediately and in exchange you are reducing the future circulating supply of minereum.

Minereum - The First Self Mining Smart Contract

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December 12, 2019, 10:16:13 AM
 #323

Good job Dev! I have a question, do you think that making a distribution without restrictions, that a large number of coins will be in several hands and it will in the future will have a negative impact on the price of the coin

i already said this few posts ago
https://bitcointalk.org/index.php?topic=4495159.msg53300382#msg53300382
went away to do hundreds of addresses

There is some fundamental difference between minereum 1.0 and minereum V2.

Minereum V2 will allow Genesis Address Holders to sell them. In theory a Genesis Address that is spent will have less value than a Genesis Address that is not spent, therefore that should be an incentive for owners not to sell their coins. Another aspect is that with V2 we will introduce a new feature that will allow owners to destroy their Genesis Addresses in exchange for a % of the balance.

For example if you choose to destroy one of your addresses you will get for example 100 MNE and the remaining 31,900 MNE that were supposed to be self mined for 50 years will be destroyed. So instead of waiting 50 days to get those 100 MNE you will be able to do it immediately and in exchange you are reducing the future circulating supply of minereun.
Sounds good ! are you planning additional listings on the stock exchange in the future? livecoin.net clearly will little

 
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December 12, 2019, 10:17:21 AM
Last edit: December 12, 2019, 10:30:32 AM by minereum
 #324

Good job Dev! I have a question, do you think that making a distribution without restrictions, that a large number of coins will be in several hands and it will in the future will have a negative impact on the price of the coin

i already said this few posts ago
https://bitcointalk.org/index.php?topic=4495159.msg53300382#msg53300382
went away to do hundreds of addresses

There is some fundamental difference between minereum 1.0 and minereum V2.

Minereum V2 will allow Genesis Address Holders to sell them. In theory a Genesis Address that is spent will have less value than a Genesis Address that is not spent, therefore that should be an incentive for owners not to sell their coins. Another aspect is that with V2 we will introduce a new feature that will allow owners to destroy their Genesis Addresses in exchange for a % of the balance.

For example if you choose to destroy one of your addresses you will get for example 100 MNE and the remaining 31,900 MNE that were supposed to be self mined for 50 years will be destroyed. So instead of waiting 50 days to get those 100 MNE you will be able to do it immediately and in exchange you are reducing the future circulating supply of minereum.

One other important point:

When a Genesis Address is set for sale, the coins cannot be transferred

Minereum - The First Self Mining Smart Contract

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December 12, 2019, 01:12:30 PM
 #325

Smiley Hi minereum, really happy to see you back and congratulations.

In a few words :
People with V1 address have nothing to do to get V2.
No need to send back mne, we can keep them at livecoin.net.


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December 12, 2019, 03:46:41 PM
 #326

Smiley Hi minereum, really happy to see you back and congratulations.

In a few words :
People with V1 address have nothing to do to get V2.
No need to send back mne, we can keep them at livecoin.net.



That is correct. However the safer option is to have the coin outside of exchanges.

Minereum - The First Self Mining Smart Contract

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December 12, 2019, 04:09:49 PM
 #327


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

 
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December 12, 2019, 04:34:37 PM
 #328


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

Yes, I really think the dev should consider stopping the submission soon or the coins won't be worth much to anyone unless...
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December 12, 2019, 04:47:51 PM
 #329


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

Yes, I really think the dev should consider stopping the submission soon or the coins won't be worth much to anyone unless...
Judging by the results of voting, claiming should end within 1-5 days. 76% of the votes chose this option (for now).

 
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       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
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December 12, 2019, 04:54:48 PM
 #330


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

We will inform with some time in advance when we plan to end the submission phase.

What is important to understand is that Genesis Addresses that are not spent will have some benefits for the owners and also for the ecosystem:

- Only unspent Genesis Addresses will have the possibility to be placed for decentralized sale in on our future platform
- When Genesis Addresses are set for sale they become locked until there is a sale or until the owner decides to cancel the sale, meaning the circulating supply will be reduced. If the owner decides to cancel a sale the coins will be locked for an additional period of time.

Other features:
- Genesis Addresses can be destroyed in exchange for a small % of the balance, which we believe will reduce the number Genesis Addresses in circulation
- Self Mining Addresses will also be able to be created but they will have to have a balance of 32,000 MNE to be able to do so

Minereum - The First Self Mining Smart Contract

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December 12, 2019, 05:16:07 PM
 #331


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

We will inform with some time in advance when we plan to end the submission phase.

What is important to understand is that Genesis Addresses that are not spent will have some benefits for the owners and also for the ecosystem:

- Only unspent Genesis Addresses will have the possibility to be placed for decentralized sale in on our future platform
- When Genesis Addresses are set for sale they become locked until there is a sale or until the owner decides to cancel the sale, meaning the circulating supply will be reduced. If the owner decides to cancel a sale the coins will be locked for an additional period of time.

Other features:
- Genesis Addresses can be destroyed in exchange for a small % of the balance, which we believe will reduce the number Genesis Addresses in circulation
- Self Mining Addresses will also be able to be created but they will have to have a balance of 32,000 MNE to be able to do so

I hope you close it sometime today or there be way too many addresses
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December 12, 2019, 05:28:15 PM
 #332


This is going crazy. There will be milions of addresses posted on submission page.

I don't think that a mne v2 genesis address will be worth a lot with this infinite list of addresses.

When will the addess submission phase end?

We will inform with some time in advance when we plan to end the submission phase.

What is important to understand is that Genesis Addresses that are not spent will have some benefits for the owners and also for the ecosystem:

- Only unspent Genesis Addresses will have the possibility to be placed for decentralized sale in on our future platform
- When Genesis Addresses are set for sale they become locked until there is a sale or until the owner decides to cancel the sale, meaning the circulating supply will be reduced. If the owner decides to cancel a sale the coins will be locked for an additional period of time.

Other features:
- Genesis Addresses can be destroyed in exchange for a small % of the balance, which we believe will reduce the number Genesis Addresses in circulation
- Self Mining Addresses will also be able to be created but they will have to have a balance of 32,000 MNE to be able to do so

I hope you close it sometime today or there be way too many addresses

We are thinking about solutions to prevent hyper inflation both in MNE in circulation and in the number of Genesis Addresses. One idea would be to introduce a small ETH fee in order to activate the Genesis Addresses, this would reduce the number of 'bad actors' in the ecosystem. That being said the Genesis Address claim would remain free but in order to spend the MNE or set the addresses for sale a small exchange of ETH would need to happen with an activate function (this could be done by the owner in any point in time in the future).

Minereum - The First Self Mining Smart Contract

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December 12, 2019, 05:29:03 PM
Last edit: December 12, 2019, 05:43:42 PM by atchoum6760
 #333

Smiley Hi minereum, really happy to see you back and congratulations.

In a few words :
People with V1 address have nothing to do to get V2.
No need to send back mne, we can keep them at livecoin.net.



That is correct. However the safer option is to have the coin outside of exchanges.


how to see the current available balance of mne 1 ?


EDIT : Thanks for your response.

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December 12, 2019, 05:30:52 PM
 #334

Smiley Hi minereum, really happy to see you back and congratulations.

In a few words :
People with V1 address have nothing to do to get V2.
No need to send back mne, we can keep them at livecoin.net.



That is correct. However the safer option is to have the coin outside of exchanges.


how to see the current available balance of mne 1 ?

https://www.minereum.com/mining

Scroll down to the bottom of the page


here: https://www.minereum.com/howtouse

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December 12, 2019, 06:35:22 PM
 #335

Hey Dev any plans with android app? Development is still on?

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December 12, 2019, 06:49:40 PM
 #336

We created a live chat in the claim page for the community:

http://v2.minereum.com/chat

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December 12, 2019, 10:54:07 PM
 #337

We created a live chat in the claim page for the community:

http://v2.minereum.com/chat
This will be more great, so user can ask for help to the platform which they find easier to use. I guess over time, the live chat will be crowded by people from other minereum groups. I feel the spirit of minereum V2 enlarged.

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December 12, 2019, 11:36:15 PM
Last edit: Today at 11:55:00 AM by minereum
 #338

STAKE HOLDER PROGRAM

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends. Note that all the MNE sent to the Stake Holder Program address will be burned and will not be transferred to minereum V2.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH



Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

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CryptoGirl.y
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December 13, 2019, 12:21:31 AM
 #339

In this new decentralized trading platform we are planning to apply a 10% fee to the overall ETH volume used to acquire Genesis Addresses.

To reward all the minereum early and current adopters we will create a special program starting from today that will allow you to receive a percentage of all the trading fees applied on this new market (for life).
Here it is not clear: only tokens created in the first wave of Airdrop will be able to participate in this program?
Do you have a counter of already registered addresses?

 
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minereum
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December 13, 2019, 05:31:04 AM
 #340

In this new decentralized trading platform we are planning to apply a 10% fee to the overall ETH volume used to acquire Genesis Addresses.

To reward all the minereum early and current adopters we will create a special program starting from today that will allow you to receive a percentage of all the trading fees applied on this new market (for life).
Here it is not clear: only tokens created in the first wave of Airdrop will be able to participate in this program?
Do you have a counter of already registered addresses?

No, anyone with MNE can participate.

Minereum - The First Self Mining Smart Contract

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