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Author Topic: 💼[ANN] 401K COIN [Private Sale] Masternode | Fee Free Pool | Join Discord!  (Read 6873 times)
sefirotius
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August 16, 2018, 04:38:38 PM
 #221

Crypto-Bridge Paid!!! That is Awesome! and I also noticed you guys on Blockfolio Twitter that is awesome. Development and updates seem so smooth and easy for you guys, like it should be!!   Grin
Crypto-Bridge Paid!!!very good news developers are doing well in the right direction I see that this coin is waiting for success and prosperity investors and the trader will have a good course



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401kcoin (OP)
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August 16, 2018, 05:36:44 PM
Last edit: August 16, 2018, 06:04:32 PM by 401kcoin
 #222

Crypto-Bridge Paid!!! That is Awesome! and I also noticed you guys on Blockfolio Twitter that is awesome. Development and updates seem so smooth and easy for you guys, like it should be!!   Grin

Yes, that's right.  Blockfolio said 401K will be listed, as soon as Cryptobridge listing is live!
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August 16, 2018, 05:43:54 PM
 #223

thats really awesome! getting more and more addicted to this project 🤗
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August 16, 2018, 06:43:42 PM
 #224

Is it possible to mine your coin?
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August 16, 2018, 07:32:47 PM
 #225

Is it possible to mine your coin?

401K is 100% POS.  It's not mineable with your cpu/gpu. 
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August 17, 2018, 12:04:36 AM
 #226

Do I need to add staking=1 to config for staking?
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August 17, 2018, 12:17:51 AM
 #227

Do I need to add staking=1 to config for staking?

Hey, no you don't.  It won't hurt if you do though.
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August 17, 2018, 12:29:48 AM
 #228

Sorry to keep bugging you, I appreciate your patience and all the help thus far. But, can I stake my MN rewards? Thank you again and Cheers MAte!
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August 17, 2018, 02:13:01 AM
 #229

Sorry to keep bugging you, I appreciate your patience and all the help thus far. But, can I stake my MN rewards? Thank you again and Cheers MAte!


Yep, you can.  Just make sure your wallet is unlocked.
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August 17, 2018, 10:15:33 AM
 #230

What will be the course of the coin on the cryptbridge Who knows what price presale was? I think the coin should bring us all a profit



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August 17, 2018, 05:22:15 PM
 #231

What makes this coin any different from all the many POS coins out there ?
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August 17, 2018, 05:23:54 PM
 #232

Great coin and masternode rewards, I'm in for 2 nodes so far. Looking forward to the payment systems.
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August 17, 2018, 09:51:47 PM
 #233

What makes this coin any different from all the many POS coins out there ?


the supply looks very sweet for example.
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August 17, 2018, 11:28:00 PM
 #234

What makes this coin any different from all the many POS coins out there ?


We strive to make 401K Coin different than all the many POS coins out there in many ways.

With only a max supply of 25 millions, and fixed rewards that reduce over time, the max supply of 401K Coin won't be reached for over 100 years. 

The block rewards are designed to also allow the coin to maintain value over time.  The rewards don't start high, and then go down, like many other POS coins...there is phases of the block rewards.  Higher reward phases, and then lower, and then higher again...this is because we have seen many coins lose value after the rewards go away in POS coins.

We also have found real world use cases for 401K Coin.  We want this coin to be a long term investment option for everyone, and thus the 401K Fee Free Pool allows anyone to invest 401K Coin into the pool, and use the added stake weight to help increase the individuals rewards.

401K Coin is also utilizing the use case named Retirement Integration.

401K Coin is also burning all of the premine that isn't sold. 

With these block rewards, low max supply, and use cases, 401K is much different than the standard POS/Masternode Coin.
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August 18, 2018, 08:05:19 AM
 #235

Thank you for your informative answer.My comments are :-
The coin supply is reasonable ,although there are quite a number of MN coins with much lower current and total supply.
I like the idea of varying rewards along with the stated user case.But,I'm afraid people will still dump during the very high ROI periods UNLESS you can persuade them to keep them " locked " in your free pool...now thats a very good idea, not the first in its field ,but rare nonetheless.It may work,I hope so.If not ,you will need other incentives.
BUT,the answer to maintaining/increasing  a coins value is all about the User Case.I need to know more about your ,what appears to be ,some sort of Retirement Plan.I'm from England so this is not something I'm aware of.
Having said all the above ,I like what I see ,and the Discord channel is a very friendly place.I would urge you however to supply weekly updates and, in the new World of disclosure ,give all information about the owners /developers.This will very soon become the norm end not before time.
Many Thanks
David Webb
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August 18, 2018, 07:53:19 PM
 #236

Simple yet interesting concept. Short term depreciation in the markets is not relevant to this coin. I wonder how does the mechanism that the team designed to add value to it in the long term works, though. I'm not too savy in economics so I can't figure it out by myself  Grin
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August 18, 2018, 08:44:02 PM
 #237

Loving the concept 401K team.  How long is your block times again?
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August 18, 2018, 08:46:35 PM
 #238

What concept lol ?
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August 18, 2018, 09:05:47 PM
 #239

Looking forward to block 25k, thank you for all your support. I appreciate that the rewards are not way up there when we are not on an exchange. A true fair-start MN coin.  Grin
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August 18, 2018, 09:51:30 PM
 #240

What concept lol ?

Retirement Integration!  And the whole idea that the block rewards don't make the coin only last a few months...the block rewards allow the coin to last over 100 years, allowing the chance for a real, long term investment.
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