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Author Topic: You Missed ETH, Missed BNB, Please Don't Miss RENEC Too  (Read 348 times)
Fivestar4everMVP (OP)
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December 21, 2022, 08:29:51 PM
Last edit: December 16, 2023, 06:40:41 PM by Fivestar4everMVP
 #1


Renec Blockchain has been launched since October 2022 and has been organically building.

Renec is a coin that powers Renec Blockchain, a powerful decentralized blockchain built for the web 3 users, to enable millions of users build and use applications that solves real world problems.

PROJECT :
Project Name: RENEC BLOCKCHAIN
Native coin: $RENEC
Twitter: https://twitter.com/RenecBlockchain
Discord: https://discord.gg/b2g2ZnKHeS
Blockchain Explorer: https://explorer.renec.foundation/
Founder: REMITANO.com CEX

FEATURES:
> True decentralization
> Highly scalable
> Cross chain communication
> Auto checksum wallets
> dPoS consensus
> Multiple blockchains in one parent network

PRODUCTS:
> Low fee smart contracts system
> Low fee decentralized escrow service
> Low fee decentralized tokens exchange
> Low fee decentralized P2P electronic cash with multisig capability

Fill this form if you wanna BUIDL on Renec Blockchain and get over $100k grant from team + free marketing + all gas fees from your project refunded https://bit.ly/renecgrants

You can also be a Renec validator and earn passively. Join discord to know more.
Discord: https://discord.gg/b2g2ZnKHeS]

WHITEPAPER : https://renec.foundation/renec-whitepaper.pdf

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December 22, 2022, 11:27:08 AM
 #2

The "Forum" on that website and the "Blog" on that website all look A.I. generated.
Nothing is Ai generated mate, Remitano.net is a cryptocurrency p2p exchange since 2014, they are one of the oldest, though they never really paid attention to upgrading their products, but I believe that have ended.
They recently launched Remitano 2.0 which I believe that they are now building a full fledged cryptocurrency exchange, they've built a new blockchain and launched a coin to power it, everything is open for you to verify.

The forum and blog section on their website is just as it is, there is nothing Ai generated there, that's their style of sharing news to their users and community..

You can hop on into their discord server, stay there for a while and verify things your self before making a decision. Link to discord is in the op.

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December 22, 2022, 12:43:02 PM
 #3

I've tried to join discord (but since there are only few people on there, i afraid my question won't get answered), so i decided to ask on here,

Whats make you think if RENEC would be next ETH and BNB? Is it L1 same as both coins?
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December 22, 2022, 11:52:21 PM
 #4

The "Forum" on that website and the "Blog" on that website all look A.I. generated.
Welcome to the future. But isn't that great? This can make them unique from the rest of the forum and the websites that we know the most. Speaking of the websites, I think the OP missed to put a link to their website. I am looking for it because I want to check and clarify if what you are saying there is true.

@OP
Are you related to the team? If not then you can put a disclaimer because I noticed that most forum users do always put up a disclaimer about everything that they promote. This project is said to solve real world problems. That sounds great but I think this isn't the first project who said the same thing. This isn't also the first web 3 but this seems legit because it's said that their founder is the CEO of Remitano.

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December 23, 2022, 09:26:47 AM
 #5

I've tried to join discord (but since there are only few people on there, i afraid my question won't get answered),
The renec discord server have over 6800 members currently, and that number is growing constantly, so be sure that if you have any concerns, there will always be someone online at any time to answer your queries.

Quote
Whats make you think if RENEC would be next ETH and BNB? Is it L1 same as both coins?
Renec Blockchain is an L1 Blockchain, and has Renec as its native coin, the project was developed by a reputable cryptocurrency exchange that have been in operation since 2014.
Renec Blockchain is a blockchain that other projects can build on, so this should tell you that in the future, Renec coin will used to pay gas fees to transact on the Renec blockchain, the same way Eth and Bnb are used right now.

Renec has a total supply of approximately 75,000,000 coins and most of it are locked for up to five years, this should tell you that the coin supply is very limited and this is just a tip of the iceberg.
visit explorer.renec.foundation to find out more about the total supply, current circulating supply and total number of Renec coin staked on the blockchain.

The "Forum" on that website and the "Blog" on that website all look A.I. generated.
I think the OP missed to put a link to their website. I am looking for it because I want to check and clarify if what you are saying there is true.
yeah, thank you for pointing this out to me mate, i will add the website to the op asap.

Quote
@OP
Are you related to the team? If not then you can put a disclaimer because I noticed that most forum users do always put up a disclaimer about everything that they promote. This project is said to solve real world problems. That sounds great but I think this isn't the first project who said the same thing. This isn't also the first web 3 but this seems legit because it's said that their founder is the CEO of Remitano.
Sure, i am not related to the team in any way, being a user of Remitano exchange since 2017 and them launching this project made me believe that indeed, this is one to watch out for.
But nevertheless, thanks for letting me know about a disclaimer, i will get that up as well in a jiffy.

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December 25, 2022, 11:59:27 PM
Last edit: December 26, 2022, 12:26:58 AM by o48o
Merited by klarki (2), Fivestar4everMVP (1)
 #6

Going to check this out, i don't like dPoS but always willing to learn about new coins.
Renec Blockchain has been launched since October 2022 and has been organically building.
Renec is a coin that powers Renec Blockchain, a powerful decentralized blockchain built for the web 3 users, to enable millions of users build and use applications that solves real world problems.
So few things; I love the fact they have an exchange up and running already, but twitter shows renec is founded in 2021, yet their homepage https://renec.foundation/ seems to be still under construction and i can't find any white paper to check out what real world problems would it solve. Maybe you could tell or point out to somewhere i can read more.


Fill this form if you wanna BUIDL on Renec Blockchain and get over $100k grant from team + free marketing + all gas fees from your project refunded https://bit.ly/renecgrants

That max grant is being paid in 100k RENEC, not $100k so you might want to edit that typo.

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December 26, 2022, 04:24:38 AM
 #7

Is this the token of the P2P exchange remitano.com? I used to use this exchange and also heard about the RENEC token but was never interested in it. I see you're exaggerating when you try to compare it to Ethereum or Binance smart chain, it's a pretty lame comparison.

It just launched this year which means it has a long way to go and find a way to survive this bear season before thinking it will become as big as ETH or BNB.
Remitano was doing great before Binance was born, but since the birth of Binance, it has almost eclipsed all other P2P exchanges, I doubt Remitano's existence in the future.

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December 26, 2022, 09:42:52 PM
 #8

I am confused by the fact that there is no information on investors, who and when conducted financing rounds. If the project does not have large investors and funds, if they have not conducted seed and strategic funding rounds, then there is no point in investing in this project, because with 99% probability it will only grow in the short term, after that it will never get to its previous peaks again. I have seen quite a few such projects and now I always look only at those that have investments from major players.

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December 26, 2022, 09:48:10 PM
 #9

It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?

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December 26, 2022, 11:19:21 PM
 #10

It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?

that's one thing you really need to look at, at least an official website of the project. because a serious project will dedicate a lil bit of their resources to have a decent website to begin with.

if this is their official website for the exchange - https://remitano.com/home/ng

it means, they are catering more on nigerian users as they are offering buy/sell of crypto and NGN currency. though we don't know the role of the OP to this project but would be nice if he will share official sites to visit to. remember, there are so many fake sites these days.

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December 27, 2022, 10:05:36 PM
 #11

It is interesting to see that remitano is on action and they've built their own project and token. Yeah, I've missed BNB and a bit for Ethereum so, that has got me thinking if this is worth to look at.

But as the typical me will do, I'll still look for some more research and time before investing on it. Aside from the explorer website, do they have a dedicated website where most information are written?

that's one thing you really need to look at, at least an official website of the project. because a serious project will dedicate a lil bit of their resources to have a decent website to begin with.

if this is their official website for the exchange - https://remitano.com/home/ng

it means, they are catering more on nigerian users as they are offering buy/sell of crypto and NGN currency. though we don't know the role of the OP to this project but would be nice if he will share official sites to visit to. remember, there are so many fake sites these days.
That's the main company but there should be the dedicated website for renec for most stuff and details that anyone might want to look at and read it.

I guess since it's still in the stage of developing, most talks and questions will be answered through discord and other social media platforms where they've got an account.

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December 28, 2022, 03:05:10 PM
 #12

Renec blockchain still looks new and may have to go through a long period of research before joining the community.
for now I'm not really thinking about new projects because the situation will be very tough in 2023.
not many can survive in this kind of situation but if Renec is able to develop his project until the bulls arrive there might be little chance of success. but keep in mind that something new and appearing in an inappropriate situation must be considered and requires detailed research.

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December 29, 2022, 02:46:07 AM
 #13

If it is a token from a centralized company, it won't be better than ETH.

RENEC and BNB are both from centralized companies but if you compare them, Binance is better than Remitano. BNB is better than RENEC.

Remitano has many successful years in crypto market so their token RENEC can have a successful future too. However I still see more risk with RENEC token than with ETH and BNB.

BNB now has very cheap price and from $250 to $4000 like ETH made in 2020 bull market, it's enough for me. x20 with BNB is enough and I don't want to take higher risk with RENEC.

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January 15, 2023, 10:16:17 AM
 #14

Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

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January 15, 2023, 10:52:58 AM
 #15

Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.

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January 15, 2023, 02:23:54 PM
 #16

I really don't understand why it has to be RENEC? I see the RENEC website is very ordinary, only 7 validator nodes are listed?,
and you say RENEC will be the next ETH or BNB, I think it will be funny that RENEC can achieve this and even in coinmarketcap RENEC is not found.
I'm sure there are still many good competitors for the next ETH or BNB like EOS, Matic, Polkadot and maybe even Nervos.

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January 15, 2023, 07:06:03 PM
 #17

Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.

REMITANO.com is a Nigerian p2p service providers which at the starting of their operation was too risky to use them, my friend fell victim with their services and they can't deliver very fast. When i noticed i make a turn started using Binance p2p at least it was smarter and safer to use.
Although i am not tarnishing their images but is of a likeness, others may prefers using them but i don't have the love anymore again.

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January 17, 2023, 06:48:06 PM
 #18

Sometimes i wonder how this project could be that powerful, REMITANO.com mainly their services are very poor talking less of investing in their project. Well altcoin is very risky to invest, so therefore any one putting their funds should carry out appropriate research.
There have been a lot happening around the cryptospace recently.

BTW, are you among the team?
I can see your Strength and Energy trying to protect the project with all you could.

Have you used their service before? if not then how do you come to the conclusion they have poor service? As i know, remitano is an old p2p platform, i have a friend who bought his first btc from remitano due to a lack of exchanges to buy way back when and there was no complaint of the platform.
And yeah, it is easy to tell people to carry out proper research but in reality, no amount of research will prevent a project from going under if that was the plan. 
In case you don't know, people are making money on a daily basis through alts just as people are losing, same applies to even btc.

REMITANO.com is a Nigerian p2p service providers which at the starting of their operation was too risky to use them, my friend fell victim with their services and they can't deliver very fast. When i noticed i make a turn started using Binance p2p at least it was smarter and safer to use.
Although i am not tarnishing their images but is of a likeness, others may prefers using them but i don't have the love anymore again.

First of all....  Some people have being in btc before binance became a thing hope you know that.

Secondly, who told you it is a Nigerian p2p exchange? Where did you get such info? Because through Google search I can only see something different, maybe you can point me to the place where to read about it.
This is the co-founder
Quote
Dang H. A.Co-Founder at RemitanoRemitano - Cryptocurrency ExchangeVietnam National University, Hanoi
Hanoi, Hanoi, Vietnam

And these I believe to be among the team members
Quote
Ho Anh Dzung
Business Developer at Remitano
Vietnam

Tuan Nguyen
Investor at Remitano - Cryptocurrency Exchange
Ho Chi Minh City, Vietnam

Dung Ngo
Web Developer at Remitano - Cryptocurrency Exchange
Vietnam

Nguyen Huy Hoang
Work at Remitano - Cryprocurrency Exchange
Ho Chi Minh City, Vietnam

Ngọc Bạch Văn
Ruby on Rails Developer at Remitano - Cryptocurrency Exchange
Vietnam

Bui Van Duong
Developer at Remitano - Cryptocurrency Exchange
Vietnam

Tai Tran
Software developer at Remitano - Cryptocurrency Exchange
Vietnam

Linh Ly Manh
Developer at Remitano - Cryptocurrency Exchange
Vietnam

Hung Nguyen
Back End Developer at Remitano - Cryptocurrency Exchange
Vietnam

Tuan Nguyen
Software Engineer and Vim enthusiast
Ho Chi Minh City, Vietnam

Linh Bùi (builink)
Editor in Chief at BeInCrypto
Vietnam

Long Pham
Senior Growth Product Manager at Crypto Exchange
Ho Chi Minh City Metropolitan Area

Phuong Nguyen
Recruiter at Remitano - Cryptocurrency Exchange
Vietnam

Văn Tố Vy (To Vee)
Digital Marketer at Remitano - Cryptocurrency Exchange

Ho Chi Minh City, Vietnam
Lê Chí Nguyên
Full Stack Engineer at Remitano
Vietnam

Nguyen Hao
Full-stack Developer at Remitano - Bitcoin P2P Trading
Vietnam

Thắng Nguyễn
Digital Marketing/Business Development Manager
Vietnam

Except for the below guy who is the only Nigerian among this list.
Quote
Adedolapo Adeagbo
Lead Acquisition Manager for Blockchain & Cryptocurrency Exchange Remitano | Senior Product Marketer |Digital Marketer | DeFi | NFTs | GameFi | Metaverse | P2E | Web3 Software Developer (in progress)
Nigeria

Source LinkedIn

So let me have the info where it is written that Remitano is Nigerian p2p, or perhaps there are two different types.

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uneng
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January 18, 2023, 03:22:51 AM
 #19

I see scarcity is one of the main reasons presented to invest on this coin, since there is a limited supply of 75,000,000 of them, besides having a relatively long operating team in crypto market since 2015, which managed to build its own native blockchain.

When will it possible to acquire RENEC by purchasing it? I can only find people have access to it through mining at this moment, or is there any updates already?

I'm not sure if it's a good investment, but if the coin's price is cheap yet, it may worth risk acquiring some coins.

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jaberwock
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January 19, 2023, 11:43:32 AM
 #20

I see scarcity is one of the main reasons presented to invest on this coin, since there is a limited supply of 75,000,000 of them, besides having a relatively long operating team in crypto market since 2015, which managed to build its own native blockchain.

When will it possible to acquire RENEC by purchasing it? I can only find people have access to it through mining at this moment, or is there any updates already?

I'm not sure if it's a good investment, but if the coin's price is cheap yet, it may worth risk acquiring some coins.
75m is lesser than those coins with a billion supply but it is higher than some cryptos like BTC who only have a 21m supply. I think supply doesn't really matter but what matters the most is if the coin is not a scam and then it has a great utility. The OP already state some of its features so you should refer to it and decide if Renec is a good investment for the future or not.

One of the features of this coin is said it was highly decentralized. I like this to be honest because when we saw decentralized means we can be anonymous and then it was also free from manipulations. Not many crypto are decentralized and if ever there are, I think they aren't really that good except from BTC of course.

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