640.000 ZMY * 0.001 = ~ 64 BTC
https://dex.subi.io/markets/zmybtcand 64 BTC are ~ 240.000 US$ for a ZUMY Web Site and a Wallet not bad
have to start tomorrow with my on coin
I was mining from the start with only 1 GPU and my result is
32 ZMY * 0.0001 = 0.00032 BTX = 11 US$
Thank you for the maths skills - we'd appreciate it if you join our Discord there you can use these using #premine-watch to show us your snazzy skills.
So the premine - we've answered this before several times but why not try it again. First of all a website and wallet - *takes a sigh* That's the real real basics of a coin and you're correct any dummy can do that - but what our ecosystem has planned is beyond that
We've already begun our ecosystem with our own Discord Masternode pool being released out, several Discord bots allowing the Zumy wealth to be spread with bot ideas that no other coin has on the Discord platform - baring in mind we're only 28 days in launch
The Use of the premine is explained clearly within the whitepaper and I've said before quoted :
I understand your concerns completely – and myself as a crypto enthusiast would feel the same ; We have no presale, no ICO. As much as we're funding out of our pockets too however we need a solid premine to allow us to excel forward - many great projects have them.
I’d urge you to read our whitepaper, look at what we're doing we just launched what this space and see how we're going to take this forward.
In the whitepaper we explain how we’re using each coin and the purpose of them. Each coin moved out we’d explain the reason why and how it’s being used.
The project's uses explain how the coins are used all the way from exchange fees to community funding - I'll add in a few screenshots to show how literally every coin moved has been clearly stated.
We haven't listed onto an exchange for that very reason that the supply is unbalanced as said before
"As much as we do support projects integrating zumy in - we're not actively supporting this nor had we requested a listing for any exchanges of small volumes due to security risks. As discussed before we're planning to list on large exchanges when we feel as a team and community there is a high enough supply and decentralised mining to allow a market to form. Right now it's too early to allow miners to decide the value of Zumy as we haven't launched our aspects of the ecosystem fully.
Obviosuly the market and price etc is down to the users of the coin and how valuable they feel it the coin is. This is the same message we've given to all exchanges that have listed zumy. "
We've been very clear and so far presented exactly what the premine is being used for - yes it's something to be wary of of all coins. However, as Zumy's ecosystem launched and we begin to show genuine original development as we've beginning to slowly move out of the Launch phase of the coin into the hard core development you will be able to see clearly that the ecosystem is becoming a reaility with the premine actually being used effectively - currently as we speak none of the development team have started a masternode from the premine - you'll notice all the transactions made were instantly notified onto out Discord server with our Discord Block explorer bot as well.
Watch this space - watch how once we show credible work like we've already begun with the discord community bots then the talk of an exchange can begin.
