gadado
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July 29, 2020, 11:06:23 AM |
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I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
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realRioda
Member

Offline
Activity: 173
Merit: 79
https://idena.site
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July 29, 2020, 11:21:11 AM |
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I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
Right now, no. We are still early into the project. Take a look here to read and learn more https://idena.io/IdenaPitchDeck.pdfRegular way to get an invitation code is to visit Flip School on Telegram https://t.me/idenaflipschoolBut for a Hero Member, expect invitation in the inbox today.
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Saisher
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July 29, 2020, 04:18:12 PM |
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I've been looking on to this project for quite some time but besides from trading it is there any use of its token?
Also it's hard to ask for an invitation from the users and some are selling it. Is there a chance that you would open a competition and you'll will reward participants an invitation so they can mine through their wallets?
I don't see people selling invite code,it's much easier and comfortable to get an invite code now you can join the idena flip school so you will have an idea on how to solve flips in Idena, we don't support the selling of invite code, everyone is welcome to join and mine just be sure you fully understand the whole concept.
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Dominic_Crypto
Newbie
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Activity: 11
Merit: 1
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July 30, 2020, 03:41:39 AM |
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What kind of invitation code are we talking about? how can i find out more?
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realRioda
Member

Offline
Activity: 173
Merit: 79
https://idena.site
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What kind of invitation code are we talking about? how can i find out more?
Invitation code is exactly the thing that it's name suggest. It is a code, like a password that you can receive from people that are allready part of Idena network. Verified Idena members can issue a code and invite new people into the network. You need invitation code so you can participate in next Idena validation. More about invitation codes and how to get them. https://www.idena.io/?view=faq#faq-network-2https://idena.site/faq_tutorials.php#answer11
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gadado
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July 30, 2020, 01:47:03 PM |
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Understood, I'll read the Pitch Deck you've sent. Also I received the invitation code, thanks for sharing it I'll be looking forward on your project!
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realRioda
Member

Offline
Activity: 173
Merit: 79
https://idena.site
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July 30, 2020, 02:14:35 PM |
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Understood, I'll read the Pitch Deck you've sent. Also I received the invitation code, thanks for sharing it I'll be looking forward on your project! Try to install app and activate today or tomorow if you want to participate in next validation that is on saturday 13:30 UTC. Invitation code will expire after that.
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gadado
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July 31, 2020, 02:52:32 PM |
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Try to install app and activate today or tomorow if you want to participate in next validation that is on saturday 13:30 UTC. Invitation code will expire after that.
Yes, I've already have invitation before but I failed to validate it because of the timezone and my sleeping schedule but I've already activated the invitation and will just wait for the validation date.
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piebeyb
Legendary
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Activity: 2072
Merit: 1030
Leading Crypto Sports Betting & Casino Platform
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August 01, 2020, 06:44:59 AM |
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it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wrong https://scan.idena.io/circulation 
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Tytanowy Janusz
Legendary
Offline
Activity: 1974
Merit: 1561
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August 01, 2020, 07:07:25 AM |
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it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wrong https://scan.idena.io/circulation  Correct, but... This was repeated there 10 times. lemonandfriesonetwo knows the answer (because he was the reason of last 5 times when it was repeated) but is not satisfied with it. BTW. Today is a validation day. Make sure you have updated and synced node and your status is "wait for validation"
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lemonandfriesonetwo
Member

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Activity: 646
Merit: 11
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August 01, 2020, 02:24:53 PM |
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it looks like it is the address of the foundation's fund wallet, where the funds will be used to fund the development of IDENA in the future or for the promotion of IDENA etc., correction if I am wrong https://scan.idena.io/circulation  Correct, but... This was repeated there 10 times. lemonandfriesonetwo knows the answer (because he was the reason of last 5 times when it was repeated) but is not satisfied with it. BTW. Today is a validation day. Make sure you have updated and synced node and your status is "wait for validation" So steal the invitation rewards plus 49% of all supply of coins. You guys really like defending their corruption. Why not use the millions of coins they already allocated for themselves from genesis.
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othell_rogue
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August 01, 2020, 06:27:59 PM |
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So steal the invitation rewards plus 49% of all supply of coins.
You guys really like defending their corruption.
Why not use the millions of coins they already allocated for themselves from genesis.
Hey mate, I hear you, as I don't like the premined amount either, but it is what it is. If you like it as it is you stay, if not you forget about it and find another project. Don't get me wrong, but this is how I would do if I can't stand a project, I just don't loose any more time, and trust me, is worst to stick around a project you dislike. I've been there.
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To Buy, or not to Sell? That is the question.
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casperBGD
Legendary
Offline
Activity: 1988
Merit: 1065
Nil Satis Nisi Optimum
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August 01, 2020, 09:17:19 PM |
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after a while, number of validated identities is down, it is not much, from 2710 to 2677, but that is a stop for continuous up-trend, that was struck only by block error five epoch's ago what do you think is a reason, just summer vacation period or there is more to it?
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realRioda
Member

Offline
Activity: 173
Merit: 79
https://idena.site
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August 01, 2020, 09:31:23 PM |
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after a while, number of validated identities is down, it is not much, from 2710 to 2677, but that is a stop for continuous up-trend, that was struck only by block error five epoch's ago what do you think is a reason, just summer vacation period or there is more to it?
I beleive that biggest stimuli for user growth would be bigger price. It's not the same now when daily mining reward is under a dollar compared to biggest user growth when people practically begged for invites, then daily mining reward was 4.5 dollars. As simple as that. Take a look at a detailed graph explaining who failed the most: https://idena.today/images/matrix/matrix-51.svgMostly newbies that either forget about validation or they are not motivated to continue. Candidates who most likely fail to setup stable Idena node, either late sync or bad internet connection/router.
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othell_rogue
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August 02, 2020, 05:11:12 AM |
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Yeah, people left since there is no more money to be made. All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
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To Buy, or not to Sell? That is the question.
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Tytanowy Janusz
Legendary
Offline
Activity: 1974
Merit: 1561
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August 02, 2020, 11:10:13 AM |
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All the changes made reduced their DNA income on the validation day + the low income from mining. You spend like $11-12 (depending on VAT) for the VPS and get $25-26. For $14-$15 a month they don't bother.
Which change reduce DNA income? I agree with realRioda. Its all about the price. Bugaga made this and post on telegram:  Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
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lemonandfriesonetwo
Member

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Activity: 646
Merit: 11
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August 02, 2020, 03:23:37 PM |
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Production cost is calculated as 1$ per node per day of minting. Which is a fair reward in my opinion.
You forgot the part where you and your team decide to steal invitation rewards for yourselves even though you own over 49% of supply. You guys had a great opportunity to make this into a very successful project, that opportunity is now gone. Greed always destroys or damages these types of projects.
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gadado
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August 04, 2020, 04:48:29 AM |
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There's a current task of creating 3 flips may I ask what will happen if I don't managed to comply with this task until validation?
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