Author

Topic: [ANN] Adonis Coin | XAD | PoS | Community Driven | Decentralized | Transactional (Read 694 times)

sr. member
Activity: 429
Merit: 282
newbie
Activity: 7
Merit: 0

I think this was part of the premine, but I'm not sure as I can't find any blockexplorer. Maybe the dev can explain better the situation.

Exactly yes.

The blocks up to 10k were PoW/PoS with the intention of putting aside this amount for pre-sale. As mentioned before, this will be used for funding of IT developments, extra staff and marketing.

We have never pretended to be available for public PoW, it was always our intention to be a PoS coin.

It's understandable that people want free coins, this is why we have an extensive bounty for people to participate in. In return for the free coins, you are helping our network by spreading the word.

jr. member
Activity: 155
Merit: 1
After knowing about this project through newsletter now I will permanent eye on the thread to catch every single development. This is not hard to guess this will turn into something big for sure. Just look at the concept with new ambitions and team to take it at peaks.
hero member
Activity: 756
Merit: 579

Thank you, and good luck to you too. Bismuth is a solid project.

Thannks!

Very nice project. I think this coin will have a good return of investment and i will tell my friends about it.

Agree the project have a good ROI, the only thing that concern me is that we will reach max supply in just 2.5 years (if the POS percentage will stay the same).

this coin was never POW, all 10 000 blocks mined befor this anouncement...

I think this was part of the premine, but I'm not sure as I can't find any blockexplorer. Maybe the dev can explain better the situation.
full member
Activity: 247
Merit: 100
this coin was never POW, all 10 000 blocks mined befor this anouncement...
hero member
Activity: 994
Merit: 504
Very nice project. I think this coin will have a good return of investment and i will tell my friends about it.
newbie
Activity: 7
Merit: 0
newbie
Activity: 7
Merit: 0
10% premined is very high percent, which can result in doubtless in community and potential investors.
I would prefer to know which are main purposes of 10% premined?
Will it be burned someday?

As is stated in the OP the money will be used as follow:
"Funds acquired will be distributed to ensure the long-term viability of XAD
and will be equally distributed between Staff costs, Exchange listings, Marketing, Bounty, IT Development."

Correct, thank you. This is detailed in our whitepaper as well.

Our first priority is to execute our long term vision, as well as getting the coin on exchanges for our investors. For that we will need funding for IT development, extra staff and marketing. We are not looking to make money in the initial stages and we will not be keeping coins for ourselves. We want the coin to be a success first and foremost, and for our investors to feel comfortable in supporting us.

We understand skepticism in the space, we also hope you give us a fair chance.

Welcome!
People are skeptical because of many new coins launched and abandoned after they gather few bucks (I know a coin abandoned after the dev gathered 0.2BTC), the 10% premine is not that huge at all, but you'll need some trust by the community, I know coins with 100% premined, sold to early adopters that were successful in the long term. Now that most of the people lost a lot of money with the market crush, they don't spend (risk) their little money left as they would in the bull market. Anyway I hope you'll gain some confidence and you'll be able to attract some investors. Good luck!

Thank you, and good luck to you too. Bismuth is a solid project.
jr. member
Activity: 210
Merit: 6
The purpose of this coin is Passive Income, Made easy...

 Roll Eyes

Better rename to Passive Outcome, supereasy
jr. member
Activity: 252
Merit: 1
Dutch translation reserved.
hero member
Activity: 756
Merit: 579
10% premined is very high percent, which can result in doubtless in community and potential investors.
I would prefer to know which are main purposes of 10% premined?
Will it be burned someday?

As is stated in the OP the money will be used as follow:
"Funds acquired will be distributed to ensure the long-term viability of XAD
and will be equally distributed between Staff costs, Exchange listings, Marketing, Bounty, IT Development."

Correct, thank you. This is detailed in our whitepaper as well.

Our first priority is to execute our long term vision, as well as getting the coin on exchanges for our investors. For that we will need funding for IT development, extra staff and marketing. We are not looking to make money in the initial stages and we will not be keeping coins for ourselves. We want the coin to be a success first and foremost, and for our investors to feel comfortable in supporting us.

We understand skepticism in the space, we also hope you give us a fair chance.

Welcome!
People are skeptical because of many new coins launched and abandoned after they gather few bucks (I know a coin abandoned after the dev gathered 0.2BTC), the 10% premine is not that huge at all, but you'll need some trust by the community, I know coins with 100% premined, sold to early adopters that were successful in the long term. Now that most of the people lost a lot of money with the market crush, they don't spend (risk) their little money left as they would in the bull market. Anyway I hope you'll gain some confidence and you'll be able to attract some investors. Good luck!
newbie
Activity: 20
Merit: 0
After some criticism of the discord, I was removed. Not a good start to the project. I will not go in! Angry
newbie
Activity: 7
Merit: 0
10% premined is very high percent, which can result in doubtless in community and potential investors.
I would prefer to know which are main purposes of 10% premined?
Will it be burned someday?

As is stated in the OP the money will be used as follow:
"Funds acquired will be distributed to ensure the long-term viability of XAD
and will be equally distributed between Staff costs, Exchange listings, Marketing, Bounty, IT Development."

Correct, thank you. This is detailed in our whitepaper as well.

Our first priority is to execute our long term vision, as well as getting the coin on exchanges for our investors. For that we will need funding for IT development, extra staff and marketing. We are not looking to make money in the initial stages and we will not be keeping coins for ourselves. We want the coin to be a success first and foremost, and for our investors to feel comfortable in supporting us.

We understand skepticism in the space, we also hope you give us a fair chance.
hero member
Activity: 756
Merit: 579
10% premined is very high percent, which can result in doubtless in community and potential investors.
I would prefer to know which are main purposes of 10% premined?
Will it be burned someday?

As is stated in the OP the money will be used as follow:
"Funds acquired will be distributed to ensure the long-term viability of XAD
and will be equally distributed between Staff costs, Exchange listings, Marketing, Bounty, IT Development."
member
Activity: 290
Merit: 10
Join @Bountycloud for the best bounties!
10% premined is very high percent, which can result in doubtless in community and potential investors.
I would prefer to know which are main purposes of 10% premined?
Will it be burned someday?
member
Activity: 310
Merit: 13
member
Activity: 358
Merit: 10
member
Activity: 280
Merit: 10
sr. member
Activity: 544
Merit: 250
Evil Pool
member
Activity: 115
Merit: 10
newbie
Activity: 26
Merit: 0
Very interesting project! This coin has been promoted in crypto8 group, good luck team!
https://discord.gg/B3wAFJ4
newbie
Activity: 155
Merit: 0
newbie
Activity: 7
Merit: 0
Reserved (you guys are fast  Wink )
jr. member
Activity: 462
Merit: 1
Russian translation reserved
newbie
Activity: 7
Merit: 0
newbie
Activity: 7
Merit: 0
https://i.imgur.com/yYUf4uc.jpg
Adonis Coin (Passive Income, Made easy.)
WEBSITE | DISCORD |WHITEPAPER | GITHUB | TWITTER | TELEGRAM



Our Mission & Vision:
Adonis Coin (XAD) is a community driven cryptocurrency modeled after Satoshi Nakamoto’s vision for Bitcoin. It is a decentralized, peer-to-peer transactional currency designed to offer a solution to the both the exponential increase in energy consumed by Bitcoin and other Proof of Work (PoW) algorithms, as well as the barrier for entry to successful Masternode projects. PoW algorithms and mining costs are both environmentally unsustainable and cost prohibitive. due to the electricity used by high-powered mining hardware. Adonis Coin utilises an energy efficient PoS algorithm which you can run on any computer.

XAD has opted not to include masternodes as part of the reward system, as we believe this restricts cryptocurrencies to the small part of the crypto community that can actually afford masternodes. We at XAD, believe this restriction goes against the decentralized concept of cryptocurrency. By removing the need for masternodes we allow everyone to be a part of this project, leading to a greater distribution of coins, which means a more decentralized coin. This means XAD leads the way in ensuring cryptocurrency stays true to Satoshi Nakamoto’s vision and stays viable in today's crypto market.




Adonis Coin Features:
The first 10,000 blocks are PoW, with 50XAD coins per block for blocks 1-10,000.
All following blocks are PoS, 300% APR fixed for amount of coins staked (no min number of coins required, all rewards go to stakers).




Coin Specifications:
Type: PoW/PoS
RPC port: 39248
P2P port: 39247
Block reward: 50 coins
Coin supply: 21,000,000 coins
Premine amount: 10%
PoS percentage: 300% per year
Last PoW block: block 10000
Min. stake age: 1 hours
Max. stake age:  Unlimited




Token Sale:
Begin date: 27th June 2018
Use of Funds: Funds acquired will be distributed to ensure the long-term viability of XAD
and will be equally distributed between Staff costs, Exchange listings, Marketing, Bounty, IT Development.




Roadmap:
Q2 2018 - Beta testing, refining coin parameters, marketing and launch
Q3 2018: Exchange listings & team expansion
Q4 2018: Mobile payment app
Q1 2019: Zerocoin integration
Q2 2019: Expansion & partnership




Wallets
Linux
MacOS
Windows
Raspberry Pi





Exchanges:
In the first instance, Adonis Coin will be listed on CryptoBridge exchange
We welcome requests for other exchanges from our investors under the suggestions tab in Discord.




Contact Us:
Website
Whitepaper
Github
Discord
Twitter
Telegram



Bounty:
See Discord for full details on bounties and more (earn up to 1565 XAD!)
DISCORD




WEBSITE | DISCORD |WHITEPAPER | GITHUB | TWITTER | TELEGRAM
Adonis Coin (Passive Income, Made easy.)

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