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Author Topic: [ANN][ABS] Abosom - Pure DAO  (Read 369 times)
zenyatta2019 (OP)
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February 06, 2020, 03:25:18 PM
Last edit: June 03, 2020, 12:28:00 PM by zenyatta2019
 #1

Abosom is the simplest and Purest form of a DAO, from modest beginnings Abosom has all the tools to grow into a world changing, asset owning, multi generational, politically neutral, empowering, decentralised assistant to mankind.

Summary:

Abosom takes full advantage of lessons learned in leading Cryptocurrencies such as Bitcoin, Dash, Binance and Nano and combines them to create an equity model than can greatly help deliver capital to business, services to people and returns to participants, using the BuyBackBurn model to evenly distribute revenues among all members of the Abosom cooperative.

Abosom is a forward thinking DAO, energised by a substantial and evolved governance system, it will take privacy very seriously when a suitable protocol is achieved by the overall crypto industry, until then Abosom will use TOR and Coinjoin to assist people all over the world (except the united states) to exchange value freely.

Abosom contains some aspects that people may be uneasy with, this project is NOT for beginners, please feel free to read our explanatory materials and watch our videos for a better understanding of what Abosom has to offer and how you can work for it and with it.




Technical specs

Dash Codebase : - with PoS
Including Masternodes, Private send, instant send.
Custom burn address

Consensus specs :-
Block size = 2MB
Block time = 10 minutes
Algorithm = PoS Sha
Address format = SHA

Economics :-
Ticker = $ABS
Total supply/ Initial supply = 100 000 000 (100 million)
Supply inflation = 5 000 000 (5 Million) per annum
Masternode cost = 10,000 Abs

Blockreward = 100 ABS per 10 minutes
Block reward split = 75% Budget, 15% masternodes 10% Proof of stake (including cold staking when added)

for a more indepth description of Abosom, please see the original Steemit post here - https://steemit.com/abosom/@abosom/abosom-primum-verbis
website – www.abosom.org (incomplete pending proposal)
Discord – Discord.abosom.org
explorer – explorer.abosom.org
Exchanges – NONE, pending proposals
*Even this ANN will be revamped pending proposal

Wallets – Linux, MacOS and Windows will be available soon.

for a more indepth description of Abosom, please see the original Steemit post here - https://steemit.com/abosom/@abosom/abosom-primum-verbis

Please read the steemit article and leave your thoughts and suggestions below.
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zenyatta2019 (OP)
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April 14, 2020, 03:33:31 PM
 #2

The first weekly update has just been released on Medium, please give it a read and provide some claps and feedback.

Abosom is really picking up speed.

https://medium.com/@rodriguezzapatero/abosom-weekly-update-1-835507b95d3d
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June 03, 2020, 12:29:28 PM
 #3

The monthly update for June 2020 has been released, it covers the following topics

We had over 10 tenders for the budget website all being considered
We created the first video intro for Abosom to increase the power of our brand.
We created the first of many 'Abosom explainers' will be added to our website soon
We have identified an explainers list and are looking for writers to contribute succinct content
We have started negotiations with Merge for a Seeder and Snapshot service
The Abosom store os coming soon to Store.abosom.org release date set for August 11th 2020
our first DEX integration is now so close we can smell it! We have passed BlockDX compatibility checks.

please feel free to give it a read here -- https://steemit.com/abosom/@abosom/abosom-monthly-update-3-june-2020
Zenyatta ABS
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July 15, 2020, 05:29:21 PM
 #4

Newest monthly update is now available only on Steemit
We are considering moving to hiveblocks, as that's where all the action seems to be these days?

We have decided to add a TLDR for these monthly updates as perhaps some people may be pressed for time and not read the entire document, there is a lot to get through but here's the main points

   * Abosom store release date is Tuesday 11th August 2020
•  BlockDX integration is now complete
•  Assets.abosom.org page is complete
• Abosom network has aquired a PIVX Masternode and Staking 50k PIV

https://steemit.com/bitcoin/@abosom/abosom-monthly-update-4-july-2020
Zenyatta ABS
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August 02, 2020, 09:55:52 PM
 #5

Its time for the August monthly update #5

https://steemit.com/abosom/@abosom/august-monthly-update-5-august-2020

Thanks for reading

abosom.org
discord.abosom.org
miner_brown
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October 26, 2020, 02:02:05 AM
 #6


It is not clear to me what this project is about, for what information about the coins if it says on the web that 100% pre-mined, I do not see real progress in almost a year, possible scam coin
Zenyatta ABS
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November 04, 2020, 04:52:07 PM
 #7

There has been PLENTY of progress, Abosom is not a scam coin at all, if you look at the github or if you follow the monthly updates!

our latest update has been released, thanks.

Also please feel free to join the discord to learn more about the project, and possibly get involved.

https://steemit.com/abosom/@abosom/abosom-monthly-update-8-november-2020

Z.
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