[ANN] Sound Money Coin (SOV). A new King is in town.

[Tom786Ivanova]

This is an ordinary token on the ethereum blockchain. Smart contract simulates mining. Such "coins" with pseudo-mining was already a big pile and where they are now... No one will remember them.

What are these few unsuccessful examples? I honestly do not know such projects. When I first learned about Sound Money Coin, I really liked the concept that the developer proposed.

Look for old topics here, there are a lot of similar tokens. For Example, Minereum, Rebellious, PosToken, Elixir, ClusterToken...

Honestly, I hear about such projects for the first time in general ... Although, incidentally, nothing surprising. The project is born and die every day. Only the strongest survive!

[ViktoriiaVel]

This is an ordinary token on the ethereum blockchain. Smart contract simulates mining. Such "coins" with pseudo-mining was already a big pile and where they are now... No one will remember them.

What are these few unsuccessful examples? I honestly do not know such projects. When I first learned about Sound Money Coin, I really liked the concept that the developer proposed.

Look for old topics here, there are a lot of similar tokens. For Example, Minereum, Rebellious, PosToken, Elixir, ClusterToken...

Unfortunately, I can not disagree with you ... most of the projects that appear on the market after a while disappear into oblivion ...
Although it all depends on the attitude of users. If users believe in the project and support the project, then everything will be fine!

[EvgeniiaUfa]

Does anyone get a SOV coin? How much does a transaction really cost to get a Sound Money Coin? I remember that a few weeks ago the price for gas reached 7-8 cents.

Now the cost of mining SOV coins has decreased significantly. Really get a coin sending a transaction worth 2 cents.

[thin]

Well, why? Some exchanges offer free listing for coins. You studied this question poorly.

Free listing is usually carried out by young exchanges who are themselves interested in attracting coins. Such exchanges will not bring popularity to the project. Looking for top exchanges.

You're wrong. For example, the same Binance announced that the listing would be free, but the project should have a unique one: either technically or an idea.

With all due respect to this Sound Money Coin project, I very much doubt to see this coin on Binance. No offense brother! Binance loves money. I do not believe their promises about free listing.

completely agree. Forget free listing on binance. Forget listing on binance at all, if you project does not smells money.

[Tom786Ivanova]

Yes, now you can easily make transactions worth 1 cent and will receive SOV coins.

It turns out that the cost of mining a Sound Money Coin is 1 cent?

It seems to me that you are mistaken. For one successful transaction you will not receive 1 coin. You will receive only a fraction of a coin: 0.1 or 0.01.

[ViktoriiaVel]

Yes, now you can easily make transactions worth 1 cent and will receive SOV coins.

It turns out that the cost of mining a Sound Money Coin is 1 cent?

It seems to me that you are mistaken. For one successful transaction you will not receive 1 coin. You will receive only a fraction of a coin: 0.1 or 0.01.

When you send a successful transaction, you receive a reward of 0.05 SOV. This is spelled out in the smart-contract.

[FominTiu]

Yes, now you can easily make transactions worth 1 cent and will receive SOV coins.

It turns out that the cost of mining a Sound Money Coin is 1 cent?

It seems to me that you are mistaken. For one successful transaction you will not receive 1 coin. You will receive only a fraction of a coin: 0.1 or 0.01.

When you send a successful transaction, you receive a reward of 0.05 SOV. This is spelled out in the smart-contract.

It turns out to get 1 Sound Money Coin you need to make 20 successful transactions?

[Tom786Ivanova]

Yes, now you can easily make transactions worth 1 cent and will receive SOV coins.

It turns out that the cost of mining a Sound Money Coin is 1 cent?

It seems to me that you are mistaken. For one successful transaction you will not receive 1 coin. You will receive only a fraction of a coin: 0.1 or 0.01.

When you send a successful transaction, you receive a reward of 0.05 SOV. This is spelled out in the smart-contract.

Thank. You clarified my situation a little. I later read in the project description that each successful transaction brings 0.05 coins.

[EvgeniiaUfa]

When you send a successful transaction, you receive a reward of 0.05 SOV. This is spelled out in the smart-contract.

It turns out to get 1 Sound Money Coin I need to do 20 transactions?

[Levin9Mak]

completely agree. Forget free listing on binance. Forget listing on binance at all, if you project does not smells money.

I think that in the project no one thinks about Binance. Even if it were possible, it is very early for the Sound Money Coin project to enter the top exchanges.

[FominTiu]

Thank. You clarified my situation a little. I later read in the project description that each successful transaction brings 0.05 coins.

Are you talking about mining now? I do not quite understand how mining works in this coin. What is the principle?

[Tom786Ivanova]

It turns out to get 1 Sound Money Coin I need to do 20 transactions?

You need to make 20 successful transactions. But as a rule it is practically unreal. Therefore, count on 25-30 transactions to get 1 coin.

[ViktoriiaVel]

It turns out to get 1 Sound Money Coin I need to do 20 transactions?

You need to make 20 successful transactions. But as a rule it is practically unreal. Therefore, count on 25-30 transactions to get 1 coin.

There are not many competing transactions now. Therefore, the chances of getting a coin by making transactions 21-22.

[FreeWaffles]

What exchanges are available? Only ForkDelta?

[EvgeniiaUfa]

I think that in the project no one thinks about Binance. Even if it were possible, it is very early for the Sound Money Coin project to enter the top exchanges.

You are absolutely right. Project Sound Money Coin needs harmonious development. The project is still too early to go on top-level exchanges like Binance. But of course a new exchange is needed.

[ViktoriiaVel]

What exchanges are available? Only ForkDelta?

Yes, for today the Sound Money Coin is available only on ForkDelta: https://forkdelta.app/#!/trade/0x010589b7c33034b802f7dba2c88cc9cec0f46673-ETH

[Levin9Mak]

Are you talking about mining now? I do not quite understand how mining works in this coin. What is the principle?

Everything is written in a "Sound Money Coin" smart contract. You send a free transaction and get 0.05 SOV instead.

[FominTiu]

Thank. You clarified my situation a little. I later read in the project description that each successful transaction brings 0.05 coins.

Maybe someday these 0.05 coins will cost a lot of money. And you'll be very happy that you have them.

[Tom786Ivanova]

There are not many competing transactions now. Therefore, the chances of getting a coin by making transactions 21-22.

If 1 transaction costs 1 cent, then the cost of 1 Sound Money Coin is about 22 cents? Right? And how much does it cost on the exchange?

[FominTiu]

I'll tell you more - you can mine send transactions worth $ 0.005. And these transactions will be successful!

I correctly understood that $ 0.005 is the minimum price? Can I make a transaction less?