[ANN] (DAM) Datamine Network - FLUX: Time is Money 2.0 - DeFi DApp

[NationalPotato]

I bet "equilibrium" is well-below $1.00 in the next 30 days.

Currently FLUX = $2.32. It was as high as $5 a few days ago. Still need time to stabilize.

You got me!  Only a 70% decline vs an 85%.  Sorry I was so wrong.  You win the bag holder prize!!!

[1713244973]

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[1713244973]

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[1713244973]

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[neo1947]

Hello there!
looks like l ve missed swap date,is there still a chance to convert my BWK? if so how?
Best Regards

[Maulek]

Datamine is added on DeFi page on CoinMarketCap.com
https://coinmarketcap.com/defi/

New exchange is added for Datamine, STEX exchange.
https://twitter.com/StexExchangeR/status/1295704610972274689

Hello there!
looks like l ve missed swap date,is there still a chance to convert my BWK? if so how?
Best Regards

No, sorry.

[NationalPotato]

Datamine is added on DeFi page on CoinMarketCap.com
https://coinmarketcap.com/defi/

New exchange is added for Datamine, STEX exchange.
https://twitter.com/StexExchangeR/status/1295704610972274689

Hello there!
looks like l ve missed swap date,is there still a chance to convert my BWK? if so how?
Best Regards

No, sorry.

How'd you get CMC to exclude your data from before July 20?

[Dabs]

How'd you get CMC to exclude your data from before July 20?

You must be looking at a 30 day view or something. I can see data as early as July 4, but that's not accurate as the token was still in failsafe mode.

[NationalPotato]

How'd you get CMC to exclude your data from before July 20?

You must be looking at a 30 day view or something. I can see data as early as July 4, but that's not accurate as the token was still in failsafe mode.

You're right, I was looking at FLUX

[necromastery]

The last date in the RoadMap is July 31st, 2020 - Datamine DeFi Network Alpha. So what next to the project, is there any further plans?

Updated roadmap coming by the end of the week.

Well, everyone may really waiting for this, I think the sooner the updated roadmap displays then the more better, I hope that something will make people even more curious in the new roadmap. Hopefully DAM team is discussing it at the moment.

[mentalpanda]

will the analytics platform be available before the vitality in the market ends?

[NationalPotato]

I bet "equilibrium" is well-below $1.00 in the next 30 days.

Currently FLUX = $2.32. It was as high as $5 a few days ago. Still need time to stabilize.

Is it stabilizing in the direction you anticipated?

[Dabs]

Is it stabilizing in the direction you anticipated?

The FLUX/ETH pool has more liquidity now than before, currently around 21k FLUX. There are also liquidity pools in sushi, burger and balancer pools. More than 31% of all minted FLUX are burned.

DAM locked in has also remained stable close to 70%.

Considering the DeFi hype for all other coins and tokens have gone, I think it's doing quite well and it's still above $1 USD.

[NationalPotato]

Is it stabilizing in the direction you anticipated?

The FLUX/ETH pool has more liquidity now than before, currently around 21k FLUX. There are also liquidity pools in sushi, burger and balancer pools. More than 31% of all minted FLUX are burned.

DAM locked in has also remained stable close to 70%.

Considering the DeFi hype for all other coins and tokens have gone, I think it's doing quite well and it's still above $1 USD.

I guess a 95% loss (~$16 -> ~$1) is “doing quite well” for a DeFi project given all the rug pulling going on.  I still haven’t seen a use case other than ... burn this for more of that, which produces this (a circular and deflationary use case).  So far time and history are validating my arguments.  Price movement for DAM and FLUX are both strongly down since I initially brought concerns to you in a more private forum.

Are you ready to have HODL write that two page essay detailing how I was right and he was wrong?

I’ll come by and dunk on you every few months until he does, or this project explodes into an unimaginable success... at which point I’ll admit I was wrong. 

[Dabs]

If you're talking about the price of DAM, it did not start from $16, unless you are counting the past two or three years when it was BWK before the swap, and two different dev teams and communities took over the development of the coin then brought it now into an ethereum token.

So that's either ignorance or intentionally misleading to say there is a 95% loss from $16 to $1.

If you're referring to the price of FLUX, given that the token is only 3 to 4 months old, that's not enough time to let the market stabilize to lead to any meaningful conclusions. It makes it sound like a sour grapes kinda pump and dumper in it for the short term 100x gainz.

That's not what I'm after personally, and what several others who are in it, it would seem to me, but I may be mistaken. Of course you will always find a rotten apple in every group, you just seem to be more verbal about it.

FLUX liquidity in Uniswap is up 4x compared to last month. That's a good metric. I think that's amazing too.
DAM locked in has been consistently close to 70%. That's another good metric.

You can participate now in the open beta of the analytics platform.

All these are on-chain data.

I can't make Hodl do anything, and at this point I don't really listen to anyone who says they're right or they're wrong, just look at the numbers that you and everyone else can see and stop fixating on the price. The price goes up. The price goes down. There are cycles.

There is at least one use case, which seems to me, to be better than a lot of other projects that don't even have an on-chain intrinsic use case for their coin or token. This one has at least one. The other use cases will follow. So far there is about $200k worth of FLUX that have been burned, and that's only for those addresses that have locked in DAM at the moment, does not include the other addresses which are "inactive".


Stop dunking on me, I am not a part of the project any more than the other people are. I don't control the market (who does?). You don't like the coin, you can go away, which you seemed to do okay for awhile, then you come back every time the price moves? I guess I'll see you around here quite often.

If the price looks low to you or to anyone else, I guess that could be taken as a good indicator to get some of it.

[Dabs]

Try damcrypto.com which redirects to https://datamine-crypto.github.io/realtime-decentralized-dashboard/

Everything should be available there. If you have questions, feel free to ask here or join the discord.

https://discord.me/dataminenetwork

Can also see the medium articles and tweets:
https://medium.com/@dataminenetwork
https://twitter.com/dataminenetwork

Recently the contracts were professionally audited by the Slow Mist team and passed.

[danny4right]

I think we can congratulate the Datamine community as Datamine (DAM) have successfully passed professional audit by the SlowMist team

[CasinoMoneyfinance]

Hello my fellow Datamine community.

We will be taking a snapshot of the DAM Contract and will be airdropping all the DAM holders with our token.

The datamine ecosystem meets the requirements to run our project and we Strongly believe the Datamine community understand the fundamentals of the protocol the best.

Follow the project on:
https://casinomoney.finance/

Edit: 1) People have been asking if they need to unstake in order to claim the CMF Tokens from the airdrop. You will not need to unstake your DAM to receive the CMF token"

2) We will be posting a bitcointalk ANN as we do not have any intetions in piggy backing off Datamines community for the foreseeable future.

https://bitcointalk.org/index.php?topic=5288443.0

[aaforward]

Datamine Network is a new non-custodial and decentralized open source economic system that uses smart contracts to create Adaptive Money. Our dual token DeFi protocol generates dividends every 15 seconds.

Our Core Use Case
Our dual token protocol rewards users for destroying FLUX tokens from circulation to create a dynamic market equilibrium using realtime on-chain supply and demand. FLUX is simply a measure of time that can be transacted to reduce global inflation and increase dividend rates. Dividend rates can be increased by buying time. The value of FLUX originates from borrowing a portion of the worldwide dividend mint rate when burning FLUX.

Decentralized Market Equilibrium
Early on, dynamic periods of volatility will occur frequently as the system moves closer to finding equilibrium. As the Datamine market cap grows and FLUX liquidity increases, a market equilibrium will be established. Datamine does not take custody of tokens and is only a collaborative hub. Datamine is not a licensed bank, broker-dealer, investment advisor or an exchange. Datamine uses partner protocols (Ethereum) to power its own ecosystem.

Realtime Multi-Smart Contract Analytics
Datamine Network is an emerging DeFi dApp leader thanks to our robust, feature-rich user dashboard that allows anyone to interact with our smart contracts. Get realtime on-chain market sentiment and see your balances in USDC with our deep Uniswap integration. Realtime market cap, portfolio balances and instant worldwide Datamine (DAM) / FLUX token analytics at your fingertips.

Secure By Design
All business logic is executed via Smart Contracts so your funds are safe and secure. No 3rd parties are involved in fund movement and transactions are performed on-chain. Our incentivized security pays you to stay safe!

Built For The Community
Utilizing the latest serverless, web3 and mobile technologies our Smart Contracts feel like the apps you use and love. Seamlessly switch your experience from desktop to mobile on the same secure and easy-to-use dashboard.

Datamine Official Site: https://datamine.network/

Datamine Knowledgebase: https://support.datamine.network

Technical Whitepaper: https://github.com/Datamine-Crypto/white-paper/blob/master/docs/datamine-smart-contracts.md  

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Andrew Plath.
coo@bnix.info
https://www.bnix.info
https://betconix.com

[CasinoMoneyfinance]

Announcement: 24 Hours Left until our Datamine (DAM) Snapshot

[gembira]

And what unique here? Why is this "Money 2.0"? We have enough projects where 2 types of tokens and people are getting as dividends. But honestly I don't see usecase of your token.

[Dabs]

As of this post,

FLUX Burned
321,201.55 FLUX / $ 162,595.38 USDC (62.40% of minted FLUX)

[newdefi]

it has own chain or on eth chain