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Author Topic: [ANN] 🚀 Ballast 🚀 POS/MN_Dynamic Collateral/Rewards_No Presale_0.5% Premine  (Read 542 times)
ballastcoin (OP)
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December 18, 2018, 07:21:07 AM
Last edit: December 20, 2018, 05:05:52 AM by ballastcoin
 #1


bal·last
something that gives stability or substance.




.ballast coin was created to be a fast and secure alternative to be used as a means of payment and a store of value while incorporating an innovative reward and collateral structure that will guarantee a steady return on investment.
.how many other coins can say that?


.the ballast team is comprised of experienced cryptocurrency gurus, investors, developers and marketing experts.
.ballast's creators have mastered the art of long-term price sustainability while still addressing the attraction needed for mass adoption.
.ballast coin is the sum of everything that should be right in a pos/masternode project.






.our vision is to ultimately become a secure, fast, cheap and environmentally conscious alternative to your conventional cryptocurrency.
.we have learned and observed from other project's mistakes, you may recognize a few of the below;
*'pump and dump' block reward structure- high roi% in the early stages of the project attracts big buying and mass volume. the projects and investors quickly cash out their investment and the price of the coin eventually drops into oblivion.
*block rewards are too high- the main draw for most pos/mn investors is 'what's the roi%?' 'how much btc can i make in x amount of time?'. too many projects are rewarding their investors too many of their coins in block rewards. once these investors receive a gratuitous amount of coins, they immediately sell off their profits and original investment and move on.
*marketing and exposure is lacking- projects tend to go all out in marketing in the beginning phases of their project launch, while few actually live up to their roadmap and expectations. giveaways, promotions, bounties, contests, etc. after this initial phase, as similar to the above two issues, the projects sit idly by and let the natural sell pressure take the price of their coin down, and lowering the morale of the common masternode/pos investor.

.ballast coin is here to change the way you define an investment.






.ticker-blst
.algo- quark
.block time- 60 sec
.transaction maturity- 6 blocks
.reward maturity- 16 blocks
.masternode collateral- variable, based on active masternodes
.block rewards- variable, based on active masternodes
.block reward split- 80% mn / 20% pos
.total supply- 55,000,000
.premine- 275,000 (0.5%)
.no presale/ico



.blst will not output any more than 2.45 masternodes worth of block rewards daily while maintaining a proportionate 80/20 block reward split.





.website- https://ballastcoin.io/
.twitter- https://twitter.com/ballastcoin
.discord- https://discord.gg/aTsJBRr

.github- https://github.com/ballastcoin/
.windows wallet- https://github.com/ballastcoin/ballast/releases/download/v1.1/BLST-WINv1-1.zip
.linux wallet- https://github.com/ballastcoin/ballast/releases/download/v1.1/BLST-LINv1-1.zip



.purchase on escodex now!




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ballastcoin (OP)
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December 18, 2018, 08:12:48 AM
 #2

.now trading on ESCODEX!
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December 18, 2018, 08:37:59 AM
 #3

.added to the delta app
ballastcoin (OP)
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December 18, 2018, 08:50:18 AM
 #4

.https://wallet.escodex.com/market/ESCODEX.BLST_ESCODEX.BTC
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December 18, 2018, 04:48:42 PM
 #5

.applied to coingecko
ballastcoin (OP)
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December 18, 2018, 05:10:26 PM
 #6

.paid and applied for masternodes.online
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December 18, 2018, 05:30:50 PM
 #7

Quote
ballast coin was created to be a fast and secure alternative to be used as a means of payment and a store of value while incorporating an innovative reward and collateral structure that will guarantee a steady return on investment

Honestly speaking, I do not really understand what are you trying to say actually.
first, you are speaking about Store of value. Store of value means something that is stable, but how can you achieve that if your ROI is 100%++.
steady return on investment? there will be no steady ROI if the inflation is higher than the demand itself.
lastly, what makes you so special? we have DASH that was accepted in many stores in venezuela, why would we choose you instead of DASH itself?
ballastcoin (OP)
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December 18, 2018, 11:35:34 PM
 #8

Quote
ballast coin was created to be a fast and secure alternative to be used as a means of payment and a store of value while incorporating an innovative reward and collateral structure that will guarantee a steady return on investment

Honestly speaking, I do not really understand what are you trying to say actually.
first, you are speaking about Store of value. Store of value means something that is stable, but how can you achieve that if your ROI is 100%++.
steady return on investment? there will be no steady ROI if the inflation is higher than the demand itself.
lastly, what makes you so special? we have DASH that was accepted in many stores in venezuela, why would we choose you instead of DASH itself?

We can achieve stability through our reward structure. As you can see, when the network is large and has 500+ masternodes on the network, the ROI% drops to 144% and less. You mentioned DASH. DASH has 4800+ masternodes. The more masternodes on a network, the lower the ROI%.

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December 19, 2018, 05:52:17 AM
 #9

.website is now complete https://ballastcoin.io/
ballastcoin (OP)
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December 19, 2018, 05:56:00 PM
Last edit: December 20, 2018, 05:04:35 AM by ballastcoin
 #10

.masternodes.online listing soon
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December 19, 2018, 05:57:43 PM
 #11

old pivx base - don't expect any development on this one 🚨

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ballastcoin (OP)
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December 20, 2018, 03:39:53 AM
 #12

old pivx base - don't expect any development on this one 🚨

what do you mean by "don't expect any development on this one"?
ballastcoin (OP)
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December 20, 2018, 05:04:23 AM
 #13

The inflation rate of Ballast coin has not too high.
Personally, it is appropriate rate, and might be a good rate for future stable price fluctuations.
I wish that after Escodex, the Ballast coin will get listed on Crypto Bridge, that is another DEX.

thank you @blackberry862
we understand the metrics of how a proper POS/MN coin should reward their investors, and we believe this is the perfect balance.
don't forget about the dynamic collateral, that will increase as the number of masternodes increases
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December 20, 2018, 03:14:14 PM
 #14

.we are now listed on coingecko!
https://www.coingecko.com/en/coins/ballast
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December 22, 2018, 03:58:37 AM
Last edit: February 22, 2019, 02:07:47 PM by kantonamola
 #15

turkish translation reserved!
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December 22, 2018, 08:54:11 PM
 #16

I have nothing against your coin, but it seems to me that now is not the right moment against the background of general apathy from cryptocurrency, against the background of the fall of Bitcoin.
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December 22, 2018, 08:59:30 PM
 #17

I have nothing against your coin, but it seems to me that now is not the right moment against the background of general apathy from cryptocurrency, against the background of the fall of Bitcoin.

maybe they are trying their luck in this bear market. their opening price in escodex is quite high but we all know that such price manipulation at early stages comes from the dev team. thats not the real price of this coin. we will see it farther down the road. when the dust has settled.

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ballastcoin (OP)
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December 23, 2018, 04:48:47 PM
 #18

I have nothing against your coin, but it seems to me that now is not the right moment against the background of general apathy from cryptocurrency, against the background of the fall of Bitcoin.

we feel that now is the perfect time to invest in this bear market. although our exposure is limited in escodex, once we are listed on cryptobridge and others, we feel a large following will begin.
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December 23, 2018, 04:50:27 PM
 #19

I have nothing against your coin, but it seems to me that now is not the right moment against the background of general apathy from cryptocurrency, against the background of the fall of Bitcoin.

maybe they are trying their luck in this bear market. their opening price in escodex is quite high but we all know that such price manipulation at early stages comes from the dev team. thats not the real price of this coin. we will see it farther down the road. when the dust has settled.

we believe right now, in this bear market, is a great time to establish roots as a project. our project's team, specs, reward structure and vision is perfect to start setting up a rewarding investment.
the price of the project, due to the above, we feel is an accurate representation of the amount of work we have, and will, put towards this project.
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December 24, 2018, 09:53:33 PM
 #20

old pivx base - don't expect any development on this one 🚨

what do you mean by "don't expect any development on this one"?

saw over hundred projects like this in the last year, and none of them showed any development. if developers would be able to deliver - they would not choose outdated code base, right? but since they have no skill to fork something fresh...

you can check my posts history to confirm the statement above

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