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Author Topic: You Missed ETH, Missed BNB, Please Don't Miss RENEC Too  (Read 347 times)
jaberwock
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January 19, 2023, 11:43:32 AM
 #21

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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January 19, 2023, 06:45:22 PM
 #22


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.
This has been going on for a long time, but unfortunately when I opened trading, the total Renec I had was reduced and in the end the process was vested every month. If I'm not mistaken I got an allocation of around $80 but it turned into $40 due to an unreasonable discount.

The last few weeks I attended the Learn To Earn event which I think is a very popular project in Nigeria. Even with features that try to follow the Binance trend. One of them, Learn to Earn, which was held, gave quite extensive knowledge. In terms of knowledge, I was quite helped and I could learn more.

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Fivestar4everMVP (OP)
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January 19, 2023, 09:32:58 PM
Last edit: December 16, 2023, 06:38:05 PM by Fivestar4everMVP
Merited by o48o (1)
 #23

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.
Sorry for the late reply mate,
When I said over $100,000, it wasn't a typo, that is because 100,000 renec is actually over $100,000, 1 Renec coin is currently worth $1.1885 usd, but sure, I will correct it.
Remitano.com exchange has been the site to sort about renec from June, 2021, the mainnet was actually launched on October 14th, 2022, and that was also when they started building the Renec.foundation website, Remitano exchange wants to make Renec Blockchain a stand alone project, this is the reason for the new website, and besides, the website is up and running now, though some part of it is still under construction.

I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf


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?
Mining has ended since 30th of September, 2022, Renec is available for buying and selling on Remitano exchange for now, price is currently $1.1885 usd,
And I can assure you that Renec is a good investment, don't take my word for it though, do you own research.

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January 20, 2023, 01:16:44 PM
 #24

-cut-
I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf
Thanks for providing the whitepaper, it might take me a while to get trough it to respond in detail.
What comes to price, looks like it jumped. It was around $0.8 while ago. Well good for them. Still it's quite problematic to view it in dollars when the token is going to be volatile.

I'll definitely take a closer look at the project now, marketcap isn't even 100m so it's pretty cheap (if their fundamentals hold up).

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January 20, 2023, 09:46:52 PM
 #25

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I've updated the op with the Renec whitepaper, you can also find it here - https://renec.foundation/renec-whitepaper.pdf
Thanks for providing the whitepaper, it might take me a while to get trough it to respond in detail.
What comes to price, looks like it jumped. It was around $0.8 while ago. Well good for them. Still it's quite problematic to view it in dollars when the token is going to be volatile.

I'll definitely take a closer look at the project now, marketcap isn't even 100m so it's pretty cheap (if their fundamentals hold up).
This still a basic things to do before you invest, its good to see investors reading the white paper first before making any decision.
Anyway, I missed a lot of opportunities as well and with this maybe I can consider to hold as well if its ok with my standard. Just need to know its utility and other things compare to the project that is already out in the market. I’m actually looking for innovation, so maybe OP can share more about what’s good about this project that can’t be seen with the top altcoins?

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January 23, 2023, 08:44:19 PM
 #26

There is good growth happening with the altcoins mentioned by Op. People always have the hesitant mind to think of altcoins. What have been suggested by the op is completely new ans to get adopted takes time. In all aspects ones personal view over the market can't be the same with each and everyone prediction about the market.

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