[ANN] 🔥Republia: Leading-Edge Ecosystem and Technology

[YuSK]

What's the matter?
Truth hurting you?
 

I personally do not take offense at sick people. If a person is a moron, then he does not need to forbid him to play with a spatula in the sandbox.
Very sorry for you, friend. Need to be treated. 

The Sick people are the ones that support SCAMS (MINEX, REPUBLIA) despite OVERWHELMING EVIDENCE

Are you jealous or something? why are you so worried? Showed that you are a troll, repost 100 times the same thing - you can go to all 4 sides. Smart people don't care about your children's messages and games.
My advice to you is not to disgrace. You end up being an idiot.

[1713575759]

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[1713575759]

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[1713575759]

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[1713575759]

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[Republia.io]

Hello guys, how much will the coin be for Public-Sale ??

A public sale will last a maximum of 12 stages (months).
At each stage, 2'262'500 RPB will be distributed, and Hard Cap will be at each stage of $ 48,025,741, at all subsequent rounds the funds raised in $ will be taken away from the Hard Cap.
If the sum of $ 50 million is collected in one round, all the coins on the subsequent rounds are burned and the public sale ends.

Thank you for your interest in our project

[satria2]

Okey, thanks.
I have one question about bank.
Republia bank is available only for investors ??

At the moment yes, only for investors.

When is bounty campaign finished?? And when will we get our bounty coins??

1.  23.12.2018

2.  23.02.2019

This has been a long time in my opinion and I have visited the website to see sales, sales almost reached 100% even though the sales tokens still have a lot of time.

[byteball]

Didn't dig deep into this, just read their entire Whitepaper.
Looks like loads of buzzwords, promises to create some vapourware without any valid technical details or ideas.
Are you sure they collected $2M during pre-sale? I would ask for some proof if I were you (potential investors).

[byteball]

byteball, я дyмaю вы cлишкoм кaтeгopичecки oтнocитecь к пpoeктy. Texничecкий дoкyмeнт, этo лишь "cтpyктypa" бyдyщeй идeи блoкчeйнa, бeз пoдpoбнocтeй oпиcaния ecтecтвeннo. Oн пpeднaзнaчeн для oбшиpнoгo кpyгa читaтeлeй и в пepвyю oчepeдь для инвecтopoв, a нe для пpoгpaммиcтoв.. B дoкyмeнтax RPB чёткo pacпиcaны oтличия oт дpyгиx пpoeктoв и eгo пpeимyщecтвa. Ecли вы cчитaeтe, чтo y пpямoгo кoнкypeнтa RPB - EOS тexничecкий дoкyмeнт гopaздo "oбшиpнee", тo вaшe пpaвo тaк дyмaть, нo для мeня личнo кaк paз нaoбopoт cлoжилocь мнeниe, чтo нaпиcaнo y ниx пpeдeльнo кpaткo (чepeзчyp).. ))

Well, I also tried to look into their previous project's (Minexcoin/Minexpay) annual report:

https://medium.com/minecoin-blog/mnx-yearly-report-1a3cbc36260f

And again, lots of phrasing and verbiage like:

You may ask, but where are the financial indicators, Boris? Now, after the first months of testing Minexcoin in a real market, they are also highly optimistic. Of course, not everything works out the way it was intended at the beginning of our journey, but in just 80 days we successfully survived both the stages of explosive growth when the price of MNX increased by 4756.25% and some volume drops and long side trends.

And no financials.
I don't understand how "parking" (rewarding hodling through emission) can stabilize the exchange rates.
Also, how > 80% annual inflation can mean perpetually rising price, that is promised for Minexcoin (the team's previous project).

[yurez83]

I don't understand how "parking" (rewarding hodling through emission) can stabilize the exchange rates.
Also, how > 80% annual inflation can mean perpetually rising price, that is promised for Minexcoin (the team's previous project).

Sorry for writing originally in Russian and for my poor English, it was automatically written .. But I see you understand Russian well. ))

Parking is primarily intended to smooth and stabilize prices. The stabilization of the course takes place in a simple logic: Reducing the price — increasing interest — increasing demand — increasing the price.

For the opposite, everything is exactly the opposite. This principle works in mnx, since this principle works in any state where new money is printed constantly, and the issue of money is not controlled, unlike cryptocurrency.
But the RPB did not take into account the imperfection of this logic of stabilization of the rate and USDR tokens will be introduced, which are supported by real dollars.

In white paper, all described in detail their principles of action:

"In order to achieve minimum fluctuations in the market price of USDR,
Republia introduces an advanced algorithm that is based on
using the bond system (Republia Bonds). "

You should read it.

[byteball]

You should read it.

I read it. But in fractional-reserve banking, the interest rate is paid owing to loans given out, that bring interest payments.
In order to loan out, you need to evaluate debtors, take collateral, use debt collectors and so on. That's where the lucre comes from.
They propose to

just reward holding currency with "interest"

but the interest they issue themselves!
This is not at all how Central Banking, or Fractional Reserve banking work.
All this is targeted at deeply ignorant public. Ugh...

[yurez83]

You should read it.

I read it. But in fractional-reserve banking, the interest rate is paid owing to loans given out, that bring interest payments.
In order to loan out, you need to evaluate debtors, take collateral, use debt collectors and so on. That's where the lucre comes from.
They propose to

just reward holding currency with "interest"

but the interest they issue themselves!
This is not at all how Central Banking, or Fractional Reserve banking work.
All this is targeted at deeply ignorant public. Ugh...

I will try to explain to you again. If I ask you a question: why does bitcoin have no parking, no tokens, tricky tools, etc., and such a high price ??! Why? Now we will move in the right direction.
 The market always consists of 2 things: supply and demand. And it will be the final point of movement of any currency, even if it is virtual (cryptocurrency), even if it is real (for example, the Swiss franc with 0 or even a negative interest rate !!) currency. This is the goal of the mnx and rpb model, but which will have tools similar to those in the real world - bonds.
 Therefore, the interest rate will constantly decrease, and the demand will increase. A bank is a way to eliminate excess emission when it is not needed and give it to the market when it is needed because of high demand in order to prevent such a rise in prices as a bitcoin of several thousand percent a year. It's all simple, you just need to understand.

[byteball]

This is the goal of the mnx and rpb model, but which will have tools similar to those in the real world - bonds.

Therefore, the interest rate will constantly decrease, and the demand will increase. A bank is a way to eliminate excess emission when it is not needed and give it to the market when it is needed because of high demand in order to prevent such a rise in prices as a bitcoin of several thousand percent a year. It's all simple, you just need to understand.

Bonds are issued by an entity when it borrows money.
Bonds are repaid, plus interest. In order to repay interest, entity has to have earnings (or issue and sell more bonds, like US do).
Bonds can be rated AAA, AA, junk etc. This influences the discount they trade at on the bond market.
What earnings Minex has? I can see no earnings prospect other than make pumps occasionally and dump their own coins at the tops. Like all other devs usually do.
I can see your idea is to smoothen supply/demand shocks with taxing miners at various tax rates and redistributing the "tax" to holders.
But as it was pointed out, the devs hold so large a share that shocks in the price will mostly be created by them, not by small punters or "end users" (end users in one of the thousands new coins hardly even exist).

The remedy for Bitcoin volatility is not clever gimmicks like "banks" that are not actually banks, it's simple: less speculative use, less cryptoexchanges-run bots, larger capitalization resulting from that and even less volatility due to larger cap, this is self-sustaining feedback loop.

[yurez83]

This is the goal of the mnx and rpb model, but which will have tools similar to those in the real world - bonds.

Therefore, the interest rate will constantly decrease, and the demand will increase. A bank is a way to eliminate excess emission when it is not needed and give it to the market when it is needed because of high demand in order to prevent such a rise in prices as a bitcoin of several thousand percent a year. It's all simple, you just need to understand.

Bonds are issued by an entity when it borrows money.
Bonds are repaid, plus interest. In order to repay interest, entity has to have earnings (or issue and sell more bonds, like US do).
Bonds can be rated AAA, AA, junk etc. This influences the discount they trade at on the bond market.
What earnings Minex has? I can see no earnings prospect other than make pumps occasionally and dump their own coins at the tops. Like all other devs usually do.
I can see your idea is to smoothen supply/demand shocks with taxing miners at various tax rates and redistributing the "tax" to holders.
But as it was pointed out, the devs hold so large a share that shocks in the price will mostly be created by them, not by small punters or "end users" (end users in one of the thousands new coins hardly even exist).

The remedy for Bitcoin volatility is not clever gimmicks like "banks" that are not actually banks, it's simple: less speculative use, less cryptoexchanges-run bots, larger capitalization resulting from that and even less volatility due to larger cap, this is self-sustaining feedback loop.

I want to correct you all the same - this is a topic not for discussing minex, but for republia.
I see you are quite good at understanding rpb ideas, but you will not understand that this is a completely different project, which has nothing to do with mnx except for a bank.
I think you in vain worry about the shares of developers and their influence on the price in the future. The developer share in rpb is about 3.3% of the total issue of coins, which is not significant at all.
For example, I will give you a coin zec, which does not have any special developments on its use, no innovations, except anonymity .. The developers take 20% of every namnenoho block for themselves !! And their total share will be as much as 10% of the issue.
I hope I persuaded you, at least not much. Thanks for the discussion.

[elegant_joylin]

The Republia Team is participating in the Crypto Games Conference in Minsk, Belarus on the 17-18th of October! Looking forward to meeting everyone there! For more information: https://cryptogames.events/

[YuSK]

The Republia Team is participating in the Crypto Games Conference in Minsk, Belarus on the 17-18th of October! Looking forward to meeting everyone there! For more information: https://cryptogames.events/

SCAM

[TeMHuK]

The Republia Team is participating in the Crypto Games Conference in Minsk, Belarus on the 17-18th of October! Looking forward to meeting everyone there! For more information: https://cryptogames.events/

SCAM

Conference is scam? 

[yurez83]

The Republia Team is participating in the Crypto Games Conference in Minsk, Belarus on the 17-18th of October! Looking forward to meeting everyone there! For more information: https://cryptogames.events/

SCAM

Conference is scam? 

I do not think this person is worth paying attention to. He was either paid or he simply trolls idle projects from mnx and now rpb.   

[YuSK]

The Republia Team is participating in the Crypto Games Conference in Minsk, Belarus on the 17-18th of October! Looking forward to meeting everyone there! For more information: https://cryptogames.events/

SCAM

Conference is scam? 

I do not think this person is worth paying attention to. He was either paid or he simply trolls idle projects from mnx and now rpb.   

Tough words coming from a PAID SHILL, It's s SCAM because Boris Shulyaev is involved in it.

[byteball]

Tough words coming from a PAID SHILL, It's s SCAM because Boris Shulyaev is involved in it.

Not exactly. Surely Boris involvement is not a good sign.
But the main reason is that Whitepaper of Republia is completely hollow, targeted at deeply ignorant individuals with "get rich quick" mentality not knowing anything about money, economics, monetary systems or cryptocurrencies.

[elegant_joylin]

Dear participants!
For investors on Pre-Sale, parking rates have changed:
Daily: 0.4%
Weekly: 3.5%
Quarterly: 35%
Annual: 70%

[byteball]

Dear participants!
For investors on Pre-Sale, parking rates have changed:
Daily: 0.4%
Weekly: 3.5%
Quarterly: 35%
Annual: 70%

Care to elaborate what industry produces 70% annual? Must be something illegal.
Like Ponzi.

[yurez83]

Dear participants!
For investors on Pre-Sale, parking rates have changed:
Daily: 0.4%
Weekly: 3.5%
Quarterly: 35%
Annual: 70%

Care to elaborate what industry produces 70% annual? Must be something illegal.
Like Ponzi.

Hello. There is nothing illegal. Such high interest in the bank only as a bonus to the first investors, and in the future they will decrease ..
Concerning other price stabilization instruments, except for the percentages, we have already discussed with you.
All information is in white paper https://media.republia.io/republia-whitepaper-ru.pdf. Needless to say, it is empty. All technical information is also available in another document and is described better than that of a direct competitor - EOS. https://media.republia.io/republia-techpaper-ru.pdf

[YuSK]

Dear participants!
For investors on Pre-Sale, parking rates have changed:
Daily: 0.4%
Weekly: 3.5%
Quarterly: 35%
Annual: 70%

Care to elaborate what industry produces 70% annual? Must be something illegal.
Like Ponzi.

Hello. There is nothing illegal. Such high interest in the bank only as a bonus to the first investors, and in the future they will decrease ..
Concerning other price stabilization instruments, except for the percentages, we have already discussed with you.
All information is in white paper https://media.republia.io/republia-whitepaper-ru.pdf. Needless to say, it is empty. All technical information is also available in another document and is described better than that of a direct competitor - EOS. https://media.republia.io/republia-techpaper-ru.pdf

Are you on the team for this newest scam coin of Boris Shulyaev?