[ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]

[AbhijoySarkar]

In the simplicity requirement, is it based only on correct transaction views? How will I send or receive Merit if I am not part of the network?

You cannot send Merit if you're not a part of the network obviously since Merit has its own blockchain. But someone can send Merit to you via a link (called a MeritLink) which holds your MRT in an escrow till you do not create a wallet. This link can be sent by SMS or email. That's it's simplicity.

Moreover, we can transact with aliases. So I can send MRT to @luksbit instead of an alphanumeric address.

[1714929642]

1714929642

[1714929642]

1714929642

[1714929642]

1714929642

[1714929642]

1714929642

[1714929642]

1714929642

[AbhijoySarkar]

So the latest set of spam bots were all made on June 28. Looks like each wave of spam is coming from a single source.

[KAMO287]

Good night, team!
This should be named as the best ICO to invest for 2018. Sell all your coins and make a loan to have your full investment on this thing. P.S. The team and testimonials are solid. 100% legit real people

Good news. There isn't an ICO! No need to take a loan or anything.

This spam bot is correct though, the team is solid and real and I'm looking forward to the end of this year into the next for Merit!

[BitCoinsForGold]

I think that a crypto team needs a minimum of $10m these days to be competitive.

So many ICOs are raising huge amounts of money.  Because of this, everyone needs more money in order to compete.

Otherwise, you will be relatively under-funded.

So, I really like that this team has not done an ICO.  But I think they need a really large amount of capital to compete.  So, I am curious how they will handle this?

[MikeWil]

Hello,
If the your token is officially registered with the US government, then this is very good news for the whole plan. This is a good sign for the development and attraction of investments. I believe that the token will be very popular and in demand.

[disifi]

Hello,
If the your token is officially registered with the US government, then this is very good news for the whole plan. This is a good sign for the development and attraction of investments. I believe that the token will be very popular and in demand.

Hello Mike, I understand you're just hunting posts, but either way, Merit is not token, it's coin. Also it was without ICO, so no reason to official registration. Have a nice day!

[Tieluabrockrabh]

Every relevant action in the publishing process such as paper submission and peer reviews will be registered in the blockchain and accessible to anyone, making #science more transparent, universal and open than ever before.

[KAMO287]

I think that a crypto team needs a minimum of $10m these days to be competitive.

So many ICOs are raising huge amounts of money.  Because of this, everyone needs more money in order to compete.

Otherwise, you will be relatively under-funded.

So, I really like that this team has not done an ICO.  But I think they need a really large amount of capital to compete.  So, I am curious how they will handle this?

It's a good point, that without the ICO, the team might run out of funds and run way to continue. I am not sure what the plan is behind the scenes, but I know they are self funded by the founder as referenced in tech crunch

https://techcrunch.com/2018/05/09/a-modcloth-cofounder-just-launched-an-invite-only-cryptocurrency

I imagine the 1 million can only go so far, but with something as promising as Merit, I am sure they will find a solution.

[moooner]

I think that a crypto team needs a minimum of $10m these days to be competitive.

So many ICOs are raising huge amounts of money.  Because of this, everyone needs more money in order to compete.

Otherwise, you will be relatively under-funded.

So, I really like that this team has not done an ICO.  But I think they need a really large amount of capital to compete.  So, I am curious how they will handle this?

Initial founding was done by the CEO, Adil, himself. Merit has a 20% premine (for transparency, don't think it's locked by the chain), so 20m, which the team aims to use carefully and gradually to fund operations according to their whitepaper. The Merit market also implements a 0.75% fee on every transaction, to be used for development of the market itself. Think that's all for self funding of the project.

[mySmile28]

is there a translation into Russian? because the coin is rather unusual and I did not understand anything)

[tux82]

https://wallet.merit.me/?invite=gda            If you need invites
My hash rate is 41.3  h/s 11 invites are availble

[jennniffer]

Thanks for the information. The purpose of the merit system is well understood and i believe it will develop this community.

[posi]

I like the fact that this project was base on POG and POW. In addition, I also like the concept behind it either i.e the three pillars which the project was meant to trigger but I don't know if you guys are planning to do an ICO in the future because I read through your site and road map nothing was said about ICO
Meanwhile, how are you planning to do the whole thing if theres no ICO now and in future?

dev dont want ico because he has 1mil usd to invest in his coin.

Here's an article that details Merit's USD 1M funding: https://www.businesswire.com/news/home/20180509005407/en/Merit-Emerges-Stealth-Announces-1M-Funding-Availability

An excerpt from it will explain why there will be no ICO: "the ICO model incentivizes behavior to increase the valuation of cryptocoins before useful blockchain applications are created. Such front-loading of capital into an organization limits opportunities for decentralized acquisition, such as mining. It also harkens comparisons to the cash-rich, hollow startups of the dot-com era. Designed to grow as a healthy, sustainable system, Merit is decentralized and widely applicable, course-correcting back to Satoshi’s mission."

Wow! This is so captivating because $1M seems to be small for the concept  the project entails and if Merit teams could use such amount of money to finance their project I wonder why other ICOs said the need to reach their hard cap before they could manage their project proper, Adil Wali  does have much experience.

[Gary_Po]

I looked at the project every now and then and I am very content with all the work and effort put into it. Great progress on the platform, take your time and make it something good!!

[keepwatukill]

To me the most promising aspect of the Merit team is the quality and quantity of software/web apps already implemented. This is AAA enterprise level coding. Everything they are doing is going out market ready when so many teams are just pushing out proof of concept at best.

[AbhijoySarkar]

I like the fact that this project was base on POG and POW. In addition, I also like the concept behind it either i.e the three pillars which the project was meant to trigger but I don't know if you guys are planning to do an ICO in the future because I read through your site and road map nothing was said about ICO
Meanwhile, how are you planning to do the whole thing if theres no ICO now and in future?

dev dont want ico because he has 1mil usd to invest in his coin.

Here's an article that details Merit's USD 1M funding: https://www.businesswire.com/news/home/20180509005407/en/Merit-Emerges-Stealth-Announces-1M-Funding-Availability

An excerpt from it will explain why there will be no ICO: "the ICO model incentivizes behavior to increase the valuation of cryptocoins before useful blockchain applications are created. Such front-loading of capital into an organization limits opportunities for decentralized acquisition, such as mining. It also harkens comparisons to the cash-rich, hollow startups of the dot-com era. Designed to grow as a healthy, sustainable system, Merit is decentralized and widely applicable, course-correcting back to Satoshi’s mission."

Wow! This is so captivating because $1M seems to be small for the concept  the project entails and if Merit teams could use such amount of money to finance their project I wonder why other ICOs said the need to reach their hard cap before they could manage their project proper, Adil Wali  does have much experience.

It's true, 1M doesn't seem like much considering the scope of the project. But they also have additional sources of revenue in the form of market fees (the Merit market takes 0.75% as fees for each trade). Moreover, 20M MRT is pre-mined which will also contribute towards the project.

Looking at the amount of planning and execution that has already gone into the entire Merit system, I don't think the Team has somehow overlooked future running costs and expansion costs which is one of the most vital aspects for any project looking to scale. I'm sure they have something awesome planned for that as well.

[Connufeepa]

Many countries continue to be wary of cryptocurrencies. They need full control over the turnover of the cryptocurrencies so that they can impose taxes on them. And it is very difficult to realize in real life. Guys, does your token can be purchased in any country?

[KAMO287]

Many countries continue to be wary of cryptocurrencies. They need full control over the turnover of the cryptocurrencies so that they can impose taxes on them. And it is very difficult to realize in real life. Guys, does your token can be purchased in any country?

YES! You can purchase Merit MRT on market.merit.me

No ICO, no presale, no whitelist, no soft cap, no hard cap, no KYC, no messing around 😎

[Sheth Adam]

The devs say that platform is progressing nicely. But they wan't to make sure to be a good product, without bugs, so give them a little more time. It should be out soon. I think the business is progressing nicely.

[pikatju]

If anyone needs an invite, you can let me know. I have a few ready for you!
Please send a PM