Topic: [ANN] [ADZ] Adzcoin||ADZbuzz - page 16. (Read 156193 times)

Who will be the first to trade coins using adzbuzz exchange? please post your experience using it 

Hi Everybody,

We have some great news as we are ready with the beta version of the ADZbuzz exchange. This means that it's now possible to trade ADZcoin for Bitcoin and vice versa inside ADZbuzz

PLUS, you will also be able to earn passive income just for trading on our exchange!

Read more here
https://forum.adzbuzz.com/forum/adzbuzz-get-started/14880-adzbuzz-exchange-adz-btc-live

Hello,

To answer your questions:

1/4. We don't have a github link as our exchange isn't decentralized and/or open source. The exchange will launch any day now (today final testing) and here's a preview how it looks on our local:



2. This is the main holding address of our platform. There are daily withdrawals and deposits so that's why there is a lot of movement there.

3. That's indeed the burn address, you can check live stats here: https://adzbuzz.com/adzcoin-supply

There are over 14.5 million coins burned already and this also reflects in Coinmarketcap, hence the total circulating supply doesn't really go up (coins are burned daily already) and as we start promoting will actually go down as more and more coins will be burned from the buyback program, advertsers buying ad credits (by burning ADZcoins), community owners buying ad credits etc.

Hope that helps!

PS: We don't monitor this topic every day, but we have an ADZcoin ANN thread on our own forum: https://forum.adzbuzz.com/forum/cryptocurrencies/14720-adz-adzcoin%7C%7Cadzbuzz-replacing-the-ad-supported-web

There you will get answers very fast.

Thanks for the reply

I have a few more concerning questions about the project

1) I see there is no contribution to the github for over 2 years now. I assume the work being done on the exchange is separate? By chance is there a github link for the work being done on it?

2) I see in the block explorers top 100 list that a single address holds roughly 45% of all coins. The money seems to move addresses constantly and I don't know what to make of this. Is this the livecoin wallet?

3) the 2nd biggest wallet has shy of 15million coins. I assume these are the burnt coins?

4) is the exchange going to be decentralized?


Thanks, this coin looks great. Would love to grab some if my questions are appropriately answered

Hi, we have a forum and FB group. But almost all the discussion happens at forum. We feel telegram or other chat groups are unorganised or unsystematic and forum supports better as people can easily search answers to their queries, and can easily have discussions related to certain topic. ADZbuzz is a huge project so there are many aspects involved. Hence, we invested in forum to serve ADZbuzz community the best way possible.

There are no adzcoins discussions going with these platforms that I know of. I do have a telegram account so one could be started.

 

Hey ADZcoin, idea looks great

I'm curious if you have a telegram or slack or discord chat group?

I see you have the forums but hoping for one of the other options

thanks!

Here is the link for today's update. 2018 will be an interesting year.

https://adzbuzz.com/Adzbuzz-Update-January-9.pdf

Hi, yeah as @John547s3 mentioned the supply is correct. You can refer this page which gets updated real time.

https://adzbuzz.com/adzcoin-supply

supply is correct, that 14.5 million is already deducted from total supply of 58......  check carefully

Hey, you must have noticed the continuous growth in ADZcoin rate in the past few days We believe this growth will continue as the ADZbuzz exchange is about to launch and so buy back program is about to begin.

We have an update for you detailing how we’re planning the operations in the coming days which includes promos to publishers, engaging with the crypto traders, info about buy back program and how you can follow its stats and info about further developments.

We’ll wait for you to join the excitement and fun
https://forum.adzbuzz.com/forum/adzbuzz-get-started/14738-adzbuzz-update-9-jan-2018-info-about-adzbuzz-exchange-buy-back-program-and-more

Jens, its pleasure to hear from you, sir !
Thank you for finding the time in this new crypto crazy year to talk to us
This is absolutely wonderful project and many will hear about ADZbuzz soon for the first time.
Business will explode in one day, we closer every week to financial freedom
Best Regards

price is rising because crypto market is grown up now as market value of all coins combined is increasing and btc's marketcap's money is flowing in other altcoins

We've been asked this many times but the answer is simply that those exchanges choose which coins to add. We can't really force them to add ADZcoin except if they see the value in our project and that won't come until we start doing promos and attract the mainstream publishers. Good news is that this is about to happen this month and already 10K+ publishers are earning daily ADZcoins. See some stats here:

>>> https://adzbuzz.com/top-earning-communities

Now on the other hand, we take the ADZbuzz Exchange very serious. We actually want to create the new Bittrex, Poloniex, Binance etc.

In a couple of weeks once the ADZ/BTC pair is thoroughly tested in live environment we will start adding 2-3 new coins to our exchange every week (probably more on average in a 6-month period). We will have a unique feature that will ensure every trader will earn more and more daily coins with every trade he makes. This will be a 100% unique feature and attract thousands of traders instantly because they can withdraw their daily earnings in any coin they want.

Plus it will give them an instant emotional connection to ADZbuzz as well.

Our timeframe to have a decent size exchange up and running is 6-9 months, and with our unique USP this will surely happen if we add all the trading pairs and invite those communities to our exchange.

What's a decent size exchange?

Let's say top 50.

With the current boom in cryptos, even decent size exchanges have pretty big daily volumes. The 50th exchange at the moment of writing has about $35 million in trading volume the last 24 hours. This means they earn with a 0.2% total trading fee (which is average) about $70,000 a day!

Because ADZbuzz has numerous other income streams (Gold memberships, ad credits, communities etc.) we will be able to use the majority of our exchange earnings for the daily buyback program and profit share distribution.

How does the system work?

-> 50% of daily revenue is used to buy ADZcoins on our exchange and used for the daily profit share
-> 50% is burned and permanently turned into ad credits and used by ADZbuzz to increase revenue (buying back our own ad space)

If we are able to build a medium size exchange (top 50 in the world) we could buy up to $70K worth of ADZcoins and burn $35K of those every single day!

This will massively reduce the total supply of ADZcoins if the price remains in cents.

So while I agree that having ADZcoin added to Bittrex or Poloniex or even Binance would be great for the coin, a situation as you presented can not happen if we are able to grow our exchange to a decent level. Everybody that dumps his coins even at Dollars will know that he just lost a lot of money because we simply remove the coins they dumped from the market permanently. (could be us or an advertiser buying ad space)

Obviously, we still have to deliver, but we are extremely passionate about doing so.

Have a great day,
The ADZbuzz Team

PS: I forgot to mention that already 14.5 MILLION coins are burned and removed from the market permanently already. Check real-time stats here:

>>> https://adzbuzz.com/adzcoin-supply

Any news? What happened?

Adzcoin hit .12 today. Nice mile stone. 

No it is going to be better than that.

Traders will be able to earn a passive income stream from using the ADZbuzz exchange by owning part of ADZbuzz communities. An update will be released explaining it soon.

The idea is great no doubt. But I think the devs have to list ADZ at some more exchanges. Im a trader since 2008 and i know what im talking about. If the price rises for example to $1 and on the high levels there are no buyers - then expect price dropping due to short squeeze ( not enough buyers but lots of sellers) . Why ? Because nobody wants to buy at so high prices.. As a result people observe big damp because of the sellers.

So i think Bittrex, Poloniex is a minimum required exchange listing in order to prevent big big DUMP in th nearest future!))

But for sure - the project is very nice! Im hoDling))

PS   - the same thing happened to ONX month ago)) just mention)

WOW! that sounds like a good idea. Maybe that just could add value to the ADZcoin at some point. 

the ADZbuzz project sure is looking better and better I think  this one will be a good coin to trade 

The new exchange is going to be great. Part of the transaction fees going back to the traders.