[ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine

[timmmers]

Hello, is there any Ambassador from Beam? I would like to apply for this position but I can´t imagine what is his job.
Please PM me if you can answer my question. 
Thank you!

[rgsnedds]

Hello, is there any Ambassador from Beam? I would like to apply for this position but I can´t imagine what is his job.
Please PM me if you can answer my question. 
Thank you!

please can you fill in the web form at https://www.beam.mw/ambassadors and a member of the team will get back to you in due course.
thank you.

[RivAngE]

Treasury coins are not taken from the 80 per block, it's actually from an additional 20 coins per block emitted once each month so nowhere near your calculations above.

Okay, thanks for the info. Missed that part...

So it would change the calculation to:

20 * 60 = 120 Beam per hour * 24 * 365 = 10.5 million Beam for the first year.

The following years (2-5) it will decrease to 10 Beam per Block = 5.25 million Beam per year  * 4 years = 21 million Beam

If that is correct, they'll get approx. 31.5 million Coins in 5 years.

So for the time being, that makes it 876k coins per month, or about 430680$.
To be honest I trust the team to hold the coins more than the miners, but ain't that a bit too big amount? This should be enough to pay about 80 employees and 20 executives.

[rgsnedds]

Treasury coins are not taken from the 80 per block, it's actually from an additional 20 coins per block emitted once each month so nowhere near your calculations above.

Okay, thanks for the info. Missed that part...

So it would change the calculation to:

20 * 60 = 120 Beam per hour * 24 * 365 = 10.5 million Beam for the first year.

The following years (2-5) it will decrease to 10 Beam per Block = 5.25 million Beam per year  * 4 years = 21 million Beam

If that is correct, they'll get approx. 31.5 million Coins in 5 years.

So for the time being, that makes it 876k coins per month, or about 430680$.
To be honest I trust the team to hold the coins more than the miners, but ain't that a bit too big amount? This should be enough to pay about 80 employees and 20 executives.

Thank you for your kind words. The treasury emission is transparent as it can be, without anyones need to calculate any of these things.
if you check the beam block explorer you can clearly see https://explorer.beam.mw that the monthly emission of treasury coins is as you rightly observe

NEXT TREASURY EMISSION COIN AMOUNT:
876,000 Beams

However, this is again divided between the following parties and it is in no way a running float of $430k for the development of Beam.



So let's look a little deeper into this... *goes off to make a vlog and explain it in simple terms*

[Kyubey]

As Beam falls and falls since January (no matter what other crypto does), maybe it's time to make treasury paid only when Beam last month rate goes up as a reward for good work?

[TuDaMu]

Check this new Beam block explorer
Multilingual explorer with data charts!
beam.tokenview.com

yes it's very nice indeed. good work put into it. would be nicer if it would load quicker for me too.

we are fixing the loading issues at the moment, btw, may I know your location?

[rgsnedds]

Check this new Beam block explorer
Multilingual explorer with data charts!
beam.tokenview.com

yes it's very nice indeed. good work put into it. would be nicer if it would load quicker for me too.

we are fixing the loading issues at the moment, btw, may I know your location?

sure thing. Scotland UK.

[igorttomic]

Beam | Keeping your money away from Big Brother: https://www.publish0x.com/blockspectator/beam-keeping-your-money-away-from-big-brother-xejnko

[rgsnedds]

ICYMI

Last month's AMA with Beam CTO Alex Romanov is available to listen to and read the transcript here:

https://medium.com/beam-mw/mimblewimble-ama-cto-alex-romanov-972e562f3276

A demo video of Atomic Swaps in action was also released here:

https://www.youtube.com/watch?v=exdkYRGkjjM

And an amazing teaser video on a WiP 'Beam Anywhere' was leaked in the telegram chat channel! - see it here:

https://www.youtube.com/watch?v=p6zrzO45j7g

Merchants are also now able to adopt Beam as a payment method using https://www.coinpayments.net/
and the first store accepting only Beam as payment method was opened! (see link in my sig!)

So much done, and so much more to achieve, take a look at the Beam roadmap and...
keep Beaming!

[Kyubey]

Pls stop working on useless things and solve price falling problem first. Support coing by investing your money, otherwise it's useless.

[Sikkan666]

Pls stop working on useless things and solve price falling problem first. Support coing by investing your money, otherwise it's useless.

useless things like tech and development? If you think the team will focus on some sort of pump scheme, you are pretty wrong.

[Kyubey]

Pls stop working on useless things and solve price falling problem first. Support coing by investing your money, otherwise it's useless.

useless things like tech and development?

According to price dynamics since January, the way they're doing "tech and development" are wrong and useless.

[Sikkan666]

Pls stop working on useless things and solve price falling problem first. Support coing by investing your money, otherwise it's useless.

useless things like tech and development?

According to price dynamics since January, the way they're doing "tech and development" are wrong and useless.

If that is how you feel, then you are free to leave and invest in any other project but if people cant see this projects potential, its all up to them.

Nevertheless, any team of any crypto project should not pump a price. Nor dump either ofcourse.

[Piston Honda]

sim simma who got da keys to ma' BEAMa

[aleix]

Pls stop working on useless things and solve price falling problem first. Support coing by investing your money, otherwise it's useless.

useless things like tech and development?

According to price dynamics since January, the way they're doing "tech and development" are wrong and useless.

Attending only the price is lame and useless. Tech and development are everything. Projects need time to lift off.

If you like the quick buck you can try casinoonline.crap.

[Kyubey]

Attending only the price is lame and useless. Tech and development are everything.

We all are there for the profit, so if you're saying price is useless, you're stupid fanatic. Next time when you'll want to say something, open notepad app and write in it

If that is how you feel, then you are free to leave and invest in any other project

As well as free to tell the truth about the project. Value is falling and project leads have to do something with this.

[moderator's note: consecutive posts merged]

[CryptoFP]

BTC price and coin inflation maybe a factor in the price, but idk I'm a noob at these sort of topics

[rgsnedds]

I am very proud to be able to announce that the most excellent mining operating system mmpOS now accepts Beam as payment for their services.
mmpOS is a fully built from the ground up Operating System based on Linux for mining rigs and offers the best tweaks and overclocking for your GPU's.

check it out here : https://app.mmpos.eu

[Onizuka3024]

Hope bittrex will list beam soon.. Just hope..

[BeamPrivacy]

Awesome new features for our new release with more security and #privacy! https://medium.com/beam-mw/mimblewimble-bb214910-rn-50e7923f8494?source=friends_link&sk=ed7e6b855a2649b1cfea9a3b14697eb7


One last thing... Our new #Android Release! https://medium.com/beam-mw/mimblewimble-bb210-android-rn-c1ec9e933b

[moderator's note: consecutive posts merged]