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Author Topic: Can idena.io be the best altcoin in 2021?  (Read 498 times)
harum93 (OP)
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August 10, 2020, 05:29:17 AM
 #1

I want to share my views about IDENA where I still hold it in my bag, we all know that lately many projects that rely on staking or mining have to use large funds, for example we see many new projects coming up where people who have lots of money can buy coins for staking and mining

Idena can also do mining using an ordinary laptop, no need to use CPU or GPU power, even among the lower classes people can get IDENA for free by following validations that are held every 14 days can also do mining

you can read more about IDENA here

"No money for stake or equipment needed, just an average laptop."

you can try to get a free IDENA in the way below without having to spend any capital, at least so you can try using IDENA and won't be fooled into a new crypto project
https://imgur.com/lMnxTXm

I want to get a community opinion about this project too here, share your opinion here so I can get more experience about crypto projects? opinion will be highly appreciated here
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August 10, 2020, 05:54:36 AM
 #2

I have some DNA also from validation, seeing the concept is quite interesting even can mining with low spec laptop or PC (but need stable internet connections)

My question is what is the indicator that altcoin can be said to be the best? price or something else? because if the reference is the price there are other altcoins that have up hundreds of percent from initial prices.

What is important for me is seeing how the community of Idena continues to promote which is a positive thing and also the development of the developer is quite good and continously.

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August 10, 2020, 07:55:53 AM
 #3

IDENA sounds interesting and could possibly be marketable to potential investors in the crypto space. I read its current published medium and voting rights scheme in the blockchain could perhaps add better security and consentual among holders. The established governance is always be project sustaining, although  alot of projects are already adapting this features, it always showed negative output because it lacked community support. With growing possibility in crypto space, its diversified nature will always be an advantage in making of success.

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August 10, 2020, 08:48:36 AM
 #4

They have currently a bounty https://bitcointalk.org/index.php?topic=5266380.0.

In my opinion they are a good project compared to a lot of new ones that are focus primarily on trading. Also their built in wallet is more interesting which have a reliable governance. Also it can undergone a mining with a non high spec desktop mode which could not let users to participate. The current market price is not bad also if your looking for a good project to invest with.

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August 10, 2020, 10:12:56 AM
 #5

They have currently a bounty https://bitcointalk.org/index.php?topic=5266380.0.

In my opinion they are a good project compared to a lot of new ones that are focus primarily on trading. Also their built in wallet is more interesting which have a reliable governance. Also it can undergone a mining with a non high spec desktop mode which could not let users to participate. The current market price is not bad also if your looking for a good project to invest with.

it is a good project, they had some questionable decisions, especially with validation in epoch 0045, when most of users were killed due to software bug, and they did not hear the community, just prolonged in their own manner, but idea behind the project is very interesting and innovative

with bounty mentioned, there is also one for AI experts
https://medium.com/idena/idena-to-pay-55-000-for-creating-open-ai-1d5d402755e0

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August 10, 2020, 11:35:26 AM
 #6

Definitely not, they don't have as much hype like the Defi projects, I think in 2021 the Defi projects will become the best altcoins in this market. Their price increases every day and makes it profitable for a lot of people to invest in it
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August 10, 2020, 12:41:29 PM
 #7

I know you are shilling your bag and you wish the price pumped above $1 but after looking into the project there is nothing really novel about it expect that common PC can be used to mining it. A project that is going to be the best must offer something different than its peers and I have not seen anything new here, correct me if I am wrong.

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August 10, 2020, 12:42:54 PM
 #8

Definitely not, they don't have as much hype like the Defi projects, I think in 2021 the Defi projects will become the best altcoins in this market. Their price increases every day and makes it profitable for a lot of people to invest in it
That's true and mostly people try to see the usecase of the platform rather than focusing into how much they can earn caused by there are so many coins that offered the same thing but it didn't get any hype from the buyers.

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August 10, 2020, 01:02:23 PM
 #9

There are already plenty of cryptocurrencies that don't require huge hardware requirements to stake or operate a node, there's even a few that can run a node on a mobile device. I don't think this feature alone will help Idena grow in popularity.

Unless it has some incredibly lucrative reward system and an incredibe team (which it doesn't), it's going to find it difficult to compete with upcoming behemoths like Orion Protocol and OpenPredict.

I'd stay away from it if I were you. It doesnt' look like anything special.





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August 10, 2020, 01:10:29 PM
 #10

Definitely not, they don't have as much hype like the Defi projects, I think in 2021 the Defi projects will become the best altcoins in this market. Their price increases every day and makes it profitable for a lot of people to invest in it

Very important thing inside this market, being place on top project needs big hypes to collect more interest form investors that will support the coin.

It's indeed what's happening with DeFi, they are gaining attentions and people are really taking the risk collecting and participating in each coins that offer this kind of projects.
Needs to have more offer before thinking about getting that spot, not just because its not
requiring good specs to mine but still expenses paying internet service and electricity.
Interest from crypto peps still depends from their own DYOR about this project.

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August 10, 2020, 01:36:54 PM
 #11

https://idena.io/

I read about the project, it didn't get my attention. About half of the coins were mined, a very small trading volume and on a little-known exchange.
https://www.coingecko.com/en/coins/idena#markets

In the topic, users write that mining income has fallen, and I am not eager to buy this coin as a long-term investment.



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SyndicateLabs
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August 10, 2020, 01:43:11 PM
 #12

If they list on larger exchanges I think the price could go up to $ 1 in this year, they are currently only listing on small exchanges and not too much volume. They need to create more marketing to let people know about the project
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August 10, 2020, 02:13:36 PM
 #13

I'm also mining it, I like to be part of the signature campaign but I already have one, this is a very unique and young mining algo you are right the community is growing and it's growing fast, the developers are doing the right, of launching the marketing they should now work now on the use case, once they have these Idena will be one of the top coins in 2021.

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August 10, 2020, 02:22:58 PM
 #14

The best altcoin in 2021?
Can you tell me from what aspect it can be said as the best altcoin? The best altcoin means that Idena will pass and beat ETH, BNB, and many more top coins. Can it be? I still find no value of this coin. But I appreciate how these projects offer a very interesting concept. However, I think that it must focus on how this can survive among the big comers in the crypto world. Never think first about being the best altcoin because you can prove nothing if you don't have any proof yet. SO, I think that it no needs to judge a project easily and quickly. Let's see how this project will develop and how the coin will survive and increase its value in the market.

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August 10, 2020, 02:31:29 PM
 #15

How can it become the best altcoin in 2021? A project cannot be found in coinmarketcap and is only listed on small exchanges in this market. I believe it will never happen, in 2021 the best altcoins are still ETH and Defi projects

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August 10, 2020, 02:39:19 PM
 #16

Idena can also do mining using an ordinary laptop, no need to use CPU or GPU power, even among the lower classes people can get IDENA for free by following validations that are held every 14 days can also do mining
To be honest, I like this feature. But the question is, will it be enough to convince the investors to buy IDENA? I don't want to become pessimistic but I really don't think so. Remember that most of us are not really not into the application but with the price since many projects are already existing thus considered no longer unique from everyone. But well, no one knows exactly up to this moment what future it will be. So keep on shilling, I mean supporting this coin. Good luck Cheesy.
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August 10, 2020, 03:11:46 PM
 #17


"No money for stake or equipment needed, just an average laptop."


Since they are the only one who have this kind of features nowadays, then it would be worth to try since you don't really spend some money when staking their coins. How could this be possible? if they innovate the way of traditional staking with this idea, I mean how do they gather enough expenses to develop their project in the long run? since base on what I'm reading, they only giving some free coins when you stake their coins. They not gonna get anything from that, isn't that weird?

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August 10, 2020, 03:53:23 PM
 #18

to be honest I don't know about this project yet, but if I take a look at IDENA's Github, they are quite active,
maybe there is the potential to be a good project in the next year, if the entry requirements of a big exchange are met

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August 10, 2020, 03:56:40 PM
 #19

I can't find any information about this project at coinmarketcap, it looks like they are new and not updated project there. So it is difficult for it to become the best altcoin in this market
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August 10, 2020, 04:12:51 PM
 #20

I can't find any information about this project at coinmarketcap, it looks like they are new and not updated project there. So it is difficult for it to become the best altcoin in this market
You are not searching enough you can find it on Coingecko
https://www.coingecko.com/en/coins/idena they have a huge spiked in price Idena is indeed the best project in 2021
and for more news about IDENA
Idena’s coin to be listed on Hotbit under the IDNA ticker
https://medium.com/idena/idenas-coin-to-be-listed-on-hotbit-under-the-idna-ticker-3bb3f9c45e4e



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