brazilman37 (OP)
Sr. Member
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Activity: 399
Merit: 250
onwards and upwards
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December 19, 2019, 01:42:21 PM |
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The main goal of founding this project is to provide a fertile environment for the ideas of innovative and profitable investment We WILL Change the Rules in Cryptocurrency Market WE KNOW HOW AND WE CAN DO THIS Why LiteGenX ? We are living in a digital world, where blockchain technology is becoming an important integral part of everyday life. Blockchain is offering so many advantages on every aspect of our lives, many of them are yet to be explored.
In partnership with other crypto projects we will develop a network of platforms based on blockchain technology where users will be able to both, provide and use services and they will be owners of this projects.
Okay .. So , Why do I need to Join LiteGenX ?? LiteGenX is a private system of people who share the same idea and desire to use crypto services Like IPFS , Tokens , Blockchain , P2P ,...etc We are willing to invest in the field of technology! There are many new and good ideas which lack funding, but together we can do it.
Simply With : Democracy, Vote, Priority
all this is possible with Blockchain technology. The decision is in the hands of many, not just one person this is CIPO [Crypto Initial public offering]
LiteGenX is more than just Coin. It sets New Rules
AND THIS IS WHY YOU NEED TO JOIN US! Club is it EcoSystem ?? or what you mean with Club ?Club simply means Control Panel for LiteGenX Coin. You can control everything from the LiteGenX Club, like IPO , Voting , Documents , News , Talk , Meetings ..... etc.
This is shown in the following diagram
So it's not EcoSystem ... This is a new idea, which will be the beginning of a major change in the field of cryptocurrencies with the aim of making the executive power in the hands of the LGX members and just minority in hands of members of the LGX team.
What is the benefit of joining LiteGenX ?
- Real investment from Online projects, and you can follow its growth movement.
- The profit from various sources which save you from market volatility. You make profits from ( PoS , Masternode , Trading , Online Projects )
- Participate and contribute to projects without the hassle of management and technical problems , security , and seeking professional programmers, Simply invest and get profit.
- The members who make the final decisions are MN Owners, which is you, are the ones who have the right to determine the fate of the project, whether by continuing or stopping, and they have the decision to isolate and appoint in any project under LiteGenX ... even if the isolated members are from the main LiteGenX team.
- We provide a suitable environment to meet with upscale classes in the crypto community and professional engineers in this field.
- Providing a team to implement decisions and follow-up .. And surprisingly, this team ( is Bots ) , this to avoid inaccuracies or laziness in your investments and ensure the provision of any information you desire, such as revenues and expenditures, monthly growth rate and demand for the project.
- What is invested when voting on a new project is (only) that you make a payment, there are no hidden sums or sums later, nor any other additional expenses.
This is LiteGenX ( Democracy, Vote, Priority ) Okay ... I am excited ... how can I buy Masternode ?
it's very Simple .... - Join to LiteGenX Club
- Click on "Masternode PreSale"
- Select the number of Masternodes you want and input your wallet address
- That is all !!
"We don't repeate, we create!!" Okay ... I can't Install LiteGenX Masternode ... What do I need to do ?Don't Worry we have extensive experience in this field and we have provided all the information required to teach you and assist you in preparing your Masternode.
Just Go to "Documentation" Section , Or Download Our Professional Guide
Soon we will release our ToolBox Script and it'll include Auto Install for Masternode on VPS and DesktopSo when will LiteGenX Release first project ??There are many project ideas and we will make voting to select first project with Masternode Owners , but before this it will be necessary to Swap members from other projects and this will contribute to the spread and interaction of members and ideas ...[/u][/b] LiteGenX Coin Specifications Coin Name | LiteGenX | Algorithm | Quark | Type | PoS\MN | Total Supply | 32M LGX | Premine | 2M LGX | BlockTime | 1 min | Rewards | 50% PoS \ 50% MN | MasterNode | 5000 LGX | Block reward | 11~1 |
Now Check Our
Rewards System Registration | 1.5 LGX | | Refer Link | 1.5 LGX | for Both Members | Article | 20 LGX | | Tweet | 2 LGX | #LiteGenX |
Our main partners A big thank you for your continued support and stability LiteGenX Pre-Sale Pre-Sale will go on in 3 rounds, in each maximum of 50.000 LGX will be sold. In first and second round it is only possible to buy packages of not less than 5000 LGX, while in round 3 you can buy as much LGX as you want, starting with as little as 1 LGX.
You can only participate in presale through our internal automated platform. You will be able to deposit BTC and purchase LGX. It will take 1 confirmation and you will be automatically sent LGX to your specified address.
• Pre-Sale round 1 (December 15st – December 30th) : 10 Masternodes (10x 5000 LGX) Price for Masternode : ~0.25 BTC
• Pre-Sale round 2 (January 8th – January 15th) : 10 Masternodes (10x 5000 LGX) Price for Masternode : ~0.2 BTC
• Pre-Sale round 3 (January 16th – February 30th) : LGX coins (Max 50.000) Price for 1 LGX : ~0.00005 BTC Ease-in phaseInitial phases of any new project are marked by slowly increasing awareness and interest from the public. At first only handful of people are interested, so called early adopters. When it comes to mineable or stakeable cryptocurrencies, so called crypto coins, they usually have a decreasing release rate curve, which means that amount of coins that are generated every day decreases with time and are the biggest at the beginning.
Amount of coins that are generated every day is always devided among miners/stakers/masternode holders. The amount of coins generated is the same no matter how many miners/stakers/mn holders is on the network. As you can see in early days of the project, when there is low number of miners/stakers/mn holders and release rate is high they receive big amounts of coins everyday. So good so far.
They should be rewarded for their belief in early days you say... true, BUT Here comes the problem : When you have Masternode or POS system, coins earns you more coins with low cost! Pay attention to this sentance very carefully again, as it is crucial for understanding of this concept.
So if we translate this to an everyday example, person who will be able to gather big amount of coins will be able to get more and more coins without any significant cost. The amount of coins someone receives every day depends on how many masternodes he has, and/or how many staking coins he has. So person having more of each of these two will receive more coins, meaning he will further increase his masternodes and/or staking coins and further increase his lead and so on and on. This is a serious threat to decentralisation and what is more a serious threat to long-term sustainability of the project.The solution is a 2 months long beginning phase called "ease-in phase".
Ease-in as slow transition from new to accepted project with substantial interest from the community. Block reward will be reduced to 2 LGX, while POS and MN rewards will be carefully controlled in order to on one hand provide sufficient advantage for Pre-Sale buyers and early adopters but on the other hand more even distribution among wider audience. With that in mind we have came up with an easy solutions.
1. From the beginning we will establish 3 Masternodes, and we will reduce number of our masternodes by 1 whenever 1 Masternode is sold in Pre-Sale, meaning when 3 MN are sold we will remove all of ours. This solution means there is never less than 3 MN online, which means that MN daily release is split by 3 (or more once there is more than 3 MN online). This solution gives enough advantage for Pre-sale buyers, as they still receive 1/3 of MN daily release, and at the same time it controls the situation when there might be less than 3 MN online and owner would receive excessive amount of coins.
2. From the beginning we will stake 30.000 LGX, and we will slowly reduce number of our staking coins in order for total number of staking coins on the network to be around 30.000, untill all our coins are removed from staking. This measure controls the amount of coins released into the hands of early adopters in a way that is in accordance with our vision.
3. All the coins generated on our accounts with "early days masternodes and staking coins" will be used for airdrops, promotions, small community jobs, exchange promotions, ... With one sentance: Will be spread through as wide audience as possible.Social Medias / Discussion Groups
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