🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵

[em777]

wow, that was fast. Cova is already listed on CMC. The two exchanges Huobi and Bitmax were a good choice
https://coinmarketcap.com/currencies/cova/

That was fast. Like really fast. They just started trading some few weeks back and have already gained enough volume to be listed on coinmarketcap. I am surprised really.

Wow, this is truly impressive I am not aware they are already listed on CMC. COVA is a great project to reckoned with I just hope they attract much investment from investors

[1714247350]

1714247350

[faulerwilli]

yeah, having such names as houbi attached to any crypto project is a very wonderful way of getting great community presence in the crypto space

Haubi and BitMax listing and getting into the New year which is especially the year of crypto (hopefully) will be the best moment for COVA. Looking forward to get some tokens for my portfolio.

Luckily, there a chance you earn COVA tokens on BitMax.io airdrop. Just a few steps, get a verified account on BitMax.io and you’re part of cova airdrop. Here a link to cova airdrop: https://twitter.com/bitmax_official/status/1077965859006676994?s=21

Unfortunately you either have to be a new user for the Airdrop, or you must have owned 10k BTMX at the time of the snapshot. I didn't know that and didn't have enough tokens. But I'm just changing that:-)

[ning_aric]

That's good to know because i was a bit worried concerning the issue of airdrop and how it has negatively affected a lot of brands, i have been following Cova for a while now and with all their implementations and announcements, one can easily see the creativity behind the brand, just like i earlier stated, they seem to have gotten everything planned out in favor of the brand

Well, the amount of tokens that they are airdropping is pretty small compared to the total supply. For example, the second airdrop on BitMax is capped to 30.000 COVA. That's around 0.64 ETH worth of tokens at the current market price.

That's indeed small and a good way to incentivize their promotion/awareness campaign, unlike the norm where the whole place will be littered with the token, such negatively affects a brand and i'm glad to see that team knows about this, hence the massive reduction in such and the delivery of little quantity of airdrops, love the proactive nature of the brand

Yeah, with that amount of tokens airdrop hunters won't have a big effect on the current price. But as you said, it's still a good way to get people interested and maybe research a bit about the project.

You're absolutely right about that, which is a great move by the team and a creative way of promoting their brand, the team seems to know the game of promotion and the stakes involved when there's a huge mistake such as the case of massive airdrops that has affected the entire industry, the reason why we are here today is because of such

I think you need to check COVA Token metrics details here; https://medium.com/@covatoken/cova-token-metrics-992a4de20755.
Tokens earned on Airdrop really isn’t much.

[Nathan01]

Cova project got much more features than we talk about. It’s an internet protocol that offers so much in creating a option to share you data on the net filling just a few steps. Here is a blog from the cova community on Cova and data : https://www.reddit.com/r/CryptoCurrencies/comments/a9tdld/data_on_covalent_smart_internet_protocol/?st=JQ5SHGGV&sh=68ca349e

Quite an interactive forum and post I will encourage people to take a look
I am kinda thinking when the Internet Protocol is going to be executed

[Pricebrianer]

Cova project got much more features than we talk about. It’s an internet protocol that offers so much in creating a option to share you data on the net filling just a few steps. Here is a blog from the cova community on Cova and data : https://www.reddit.com/r/CryptoCurrencies/comments/a9tdld/data_on_covalent_smart_internet_protocol/?st=JQ5SHGGV&sh=68ca349e

Quite an interactive forum and post I will encourage people to take a look
I am kinda thinking when the Internet Protocol is going to be executed

There is really so much Covalent smart protocol can do. COVA internet protocol is one interesting use, but might take some time to be functional. 

[phantam]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

[Ace44]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

Yea, its not something that will have a timeframe, though some key features will be given a specific period to launch but the implementation process will be a gradual thing like you stated because as a new brand, the development process will take sometime before it has the momentum to be recognized by the world and accepted by users

[em777]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

yeah, the good thing about COVA is the fact that it is open source this means it can evolve beyond what the team intended for it i believe it going to take sometime before we can start reaping the benefit

[phantam]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

yeah, the good thing about COVA is the fact that it is open source this means it can evolve beyond what the team intended for it i believe it going to take sometime before we can start reaping the benefit

Exactly and given what they are looking to accomplish i think this made the most sense as you can see with most internet standards they always tend to evolve much further than what they were originally intended to be used for.

[CrypticBabe]

wow, that was fast. Cova is already listed on CMC. The two exchanges Huobi and Bitmax were a good choice
https://coinmarketcap.com/currencies/cova/

That was fast. Like really fast. They just started trading some few weeks back and have already gained enough volume to be listed on coinmarketcap. I am surprised really.

That's magical! Coinmarketcap is really slow on Processing Listing Request! And here Cova gets listed within a couple of days after filling the requirement! Team is sure doing some Charm out there!

[Kinkadeinspired]

wow, that was fast. Cova is already listed on CMC. The two exchanges Huobi and Bitmax were a good choice
https://coinmarketcap.com/currencies/cova/

Wow, this is excellent news. I knew this was going to happen given the quality and use case the project has but I surely wasn't expecting them to list on CMC this fast. I guess both exchanges did more good in the end.

[Sozialtourist]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

[Nathan01]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

yeah, the good thing about COVA is the fact that it is open source this means it can evolve beyond what the team intended for it i believe it going to take sometime before we can start reaping the benefit

True this.. This is why I have great respect for open technology and open source events
It allows innovation beyond imagination however it could be open for abuse as well which by itself is a flip side

[Ace44]

I don’t think the timeframe is the issue with an opensource project like this it could be slowly rolled out and evolved before it becomes a standard in browsers for instqnce

yeah, the good thing about COVA is the fact that it is open source this means it can evolve beyond what the team intended for it i believe it going to take sometime before we can start reaping the benefit

Yea, which will encourage developers to come into the brand and just as i stated, its a continuous process thing and the door has been opened for all to come in and infuse their creativity, its something that will require constant updates to stay ahead of intruders and one good thing to note is the fact that the programming language used is created by them

[ning_aric]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

[Getadaaa]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Yes it sure is a good Question. Covalent isn’t just about an internet protocol (COVA://). Although this makes the structure on which a secure data marketplace could be created. $COVA would be used for all Transactions on Covalent data marketplace. I hope this helped.

[CrypticBabe]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

actually Cova is not just being a protocol! Cova is building a Network based on blockchain where they ensure the security of user data! their Public testnet is already live! you might want to check that from their website!!

[Pricebrianer]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Yes it sure is a good Question. Covalent isn’t just about an internet protocol (COVA://). Although this makes the structure on which a secure data marketplace could be created. $COVA would be used for all Transactions on Covalent data marketplace. I hope this helped.

I read this blog on Cova, and it makes more sense now. https://coins.newbium.com/post/24415-data-on-covalent-smart-internet-protocol
Cova would create a marketplace for data. Here all transactions are made using COVA tokens. You can be a data owner, MT or SMH. You should read the article.

[faulerwilli]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Yes it sure is a good Question. Covalent isn’t just about an internet protocol (COVA://). Although this makes the structure on which a secure data marketplace could be created. $COVA would be used for all Transactions on Covalent data marketplace. I hope this helped.

I read this blog on Cova, and it makes more sense now. https://coins.newbium.com/post/24415-data-on-covalent-smart-internet-protocol
Cova would create a marketplace for data. Here all transactions are made using COVA tokens. You can be a data owner, MT or SMH. You should read the article.

thanks for sharing, that's really very interesting. I hadn't asked myself this question yet.
It becomes interesting how much you can earn with your own data. If you want to sell it

[Ace44]

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Actually, Cova is not just all about internet protocol, though its their primary concept but they also said something about having their own data market place if i'm not mistaken, so i believe they will have some sort of use for their token after all, its a gradual process and i believe with time we'll get to see multiple usage of their concept