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Author Topic: [ANN](NO ICO) Lonero - The Future of Digital Cash  (Read 1255 times)
Rightchoice (OP)
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July 03, 2018, 07:40:21 AM
 #1

Lonero Will Be Released Without An ICO

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big_daddy
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July 03, 2018, 08:22:59 AM
 #2

approx 20% of total supply to the founder
non asic proof
masternodes

 Cheesy it's a joke right?

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
LoneroLNR
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July 03, 2018, 03:25:48 PM
 #3

approx 20% of total supply to the founder
non asic proof
masternodes

 Cheesy it's a joke right?


To be fair, Lonero's founder is building this entire thing with no ICO. This means he is taking a cut in a project he is spending months of his time on with no clear indication of its future market acceptance. This solely relies on technological knowledge and capabilities. Also read the whitepaper....
AmoreJaz
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July 03, 2018, 03:43:55 PM
 #4

approx 20% of total supply to the founder
non asic proof
masternodes

 Cheesy it's a joke right?


To be fair, Lonero's founder is building this entire thing with no ICO. This means he is taking a cut in a project he is spending months of his time on with no clear indication of its future market acceptance. This solely relies on technological knowledge and capabilities. Also read the whitepaper....

but once it hits off in exchanges, people will not remember that 20% is allotted to the founder. people tend to forget easily. sometimes they dont even know that kind of distribution. they will just ride the hype. so do we see bright future here? we cant tell yet. just dont buy in exchanges if you dont believe in this project. plain and simple.

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Gab192
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July 03, 2018, 10:03:19 PM
 #5

approx 20% of total supply to the founder
non asic proof
masternodes

 Cheesy it's a joke right?


To be fair, Lonero's founder is building this entire thing with no ICO. This means he is taking a cut in a project he is spending months of his time on with no clear indication of its future market acceptance. This solely relies on technological knowledge and capabilities. Also read the whitepaper....
forking means building? thx but no thx. Your github is empty btw
LoneroLNR
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July 04, 2018, 01:19:02 AM
 #6

approx 20% of total supply to the founder
non asic proof
masternodes

 Cheesy it's a joke right?


To be fair, Lonero's founder is building this entire thing with no ICO. This means he is taking a cut in a project he is spending months of his time on with no clear indication of its future market acceptance. This solely relies on technological knowledge and capabilities. Also read the whitepaper....
forking means building? thx but no thx. Your github is empty btw

The GitHub is empty due to the fact that beta release have not yet happened in the timeline, this is an announcement of the planned release. Obviously Lonero will have the demo and source code when the coin is launched. Also keep in mind as stated, this is getting launched without an ICO. Criticism is fine, but the community should look more into the whitepaper, mission, and what Lonero represents.
LoneroLNR
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July 04, 2018, 10:51:17 PM
 #7

Lonero will be different from Monero, in terms of technological infrastructure and diversity of use cases.

Just to let you all know, once the bounty program is live, the Lonero team will likely start offering some bounties for whitepaper translations.
UNICLIFE
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July 04, 2018, 10:54:00 PM
 #8

fork fork more gorks
daniel.roman
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July 04, 2018, 11:31:14 PM
 #9

I do not see anything new here, why another cryptonite coin?Huh
LoneroLNR
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July 05, 2018, 12:31:30 AM
 #10

I do not see anything new here, why another cryptonite coin?Huh

Lonero isn't just another cryptonote coin. Lonero utilizes some of cryptonote's protocols, but also integrates its own unique technology into the mix. Please read the whitepaper, then add some insights.
weisner
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July 05, 2018, 02:39:21 AM
 #11

Lonero has a pretty good idea and without holding ICO, it means Lonero has the capital for development right now?
LoneroLNR
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July 05, 2018, 02:57:10 AM
 #12

Lonero has a pretty good idea and without holding ICO, it means Lonero has the capital for development right now?

Yes, the creator is financially independent given his previous startup experience, making Lonero have all what it needs for continued development.
DeadAbrasiveness
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July 05, 2018, 11:12:02 AM
 #13

Lonero has a pretty good idea and without holding ICO, it means Lonero has the capital for development right now?

Yes, the creator is financially independent given his previous startup experience, making Lonero have all what it needs for continued development.

If the creator is financially independent giving Lonero what it needs for continued development, why the large allocation to Lonero CEO, CTO and the Foundation? Along with design and marketing and content and media, 35% of the total supply is with the Lonero team. That is worrying.
LoneroLNR
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July 05, 2018, 01:17:12 PM
 #14

Lonero has a pretty good idea and without holding ICO, it means Lonero has the capital for development right now?

Yes, the creator is financially independent given his previous startup experience, making Lonero have all what it needs for continued development.

If the creator is financially independent giving Lonero what it needs for continued development, why the large allocation to Lonero CEO, CTO and the Foundation? Along with design and marketing and content and media, 35% of the total supply is with the Lonero team. That is worrying.

To be fair lots of altcoins and Bitcoin forks are vulnerable to a 51% attack. Also many different cryptos with multi-billion dollar market caps who have done ICOs, have the creators making sometimes up to 34% in the block explorer. The difference is they aren't as transparent about it and have still went ahead raising funds for their project. Lonero is self funded as of now, this means the creators own crypto and own personal money goes into ensuring this project is a success. This means 65% will be already available for people to test out and mine without investing in it. This is how many of the large, decentralized, and legitimate cryptos were formed. Also in order to sustain future development or expansion, we may later on liquid small percentages of Lonero, but as of now this is the tokenomics structure for the community.
RICHARD.S
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July 06, 2018, 10:21:06 PM
 #15

why without ico ?
LoneroLNR
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July 06, 2018, 10:23:37 PM
 #16

why without ico ?

An ico isn't needed when one has the capital and skills to build the project they want
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July 06, 2018, 10:39:57 PM
 #17

great and interesting project, i want to participate in the initial coin offering.
jesse kaplin
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July 07, 2018, 12:46:47 AM
 #18

Keep going strong. We need something like this .
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July 07, 2018, 01:17:37 AM
 #19

Do you have any official explanation video ??
LoneroLNR
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July 07, 2018, 01:24:30 AM
 #20

great and interesting project, i want to participate in the initial coin offering.

Again, we aren't doing an ICO
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