[ANN] ⭐⭐⭐ CLUSTER ⭐⭐⭐ Self mining token ⭐ 100ETH reward per Cluster solved! ⭐ - page 12.

tnrmedia

full member

Activity: 144

Merit: 100

Quote from: clusterToken on July 29, 2017, 06:37:01 AM

Quote from: tnrmedia on July 29, 2017, 06:21:46 AM

Who invested just after 20 mins of starting this dumbas thread? The project itself look like to cheat people. You said no ico and trying to collect 75000 ETH with the name of mining shares. Who believe your project?

If you would take any given coin or token, and claim their total supply is what they'll collect, we would have multi trillion marketcap coins.
750 CLUSTER is the total supply, that is meant to be divided amongst holders, not what we try to collect.
Also, the final price is to be decided by the markets, not by us.

Please take a moment to read the available documentation before making such claims that makes no sense.

You want 0.01 ETH for sending 0.0001 CLRT, What it means? 1 CLRT = 100 ETH. That means 750 CLRT = 75000 ETH. Any child can do this math.

We are not talking about CLRT price on exchanges. The amount you want to collect by selling your tokens in the name of mining shares (i.e 0.01 ETH = 0.0001 CLRT).

The biggest cheating worth 75000 ETH is going here.

clusterToken

member

Activity: 84

Merit: 10

Quote from: tnrmedia on July 29, 2017, 06:21:46 AM

Who invested just after 20 mins of starting this dumbas thread? The project itself look like to cheat people. You said no ico and trying to collect 75000 ETH with the name of mining shares. Who believe your project?

If you would take any given coin or token, and claim their total supply is what they'll collect, we would have multi trillion marketcap coins.
750 CLUSTER is the total supply, that is meant to be divided amongst holders, not what we try to collect.
Also, the final price is to be decided by the markets, not by us.

Please take a moment to read the available documentation before making such claims that makes no sense.

tnrmedia

full member

Activity: 144

Merit: 100

Quote from: clusterToken on July 29, 2017, 06:05:37 AM

Quote from: nagatraju on July 29, 2017, 05:59:48 AM

Quote from: clusterToken on July 29, 2017, 05:57:06 AM

Quote from: nagatraju on July 29, 2017, 05:48:17 AM

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

Sorry to hear, that means your address was not the first investor address.
We took the address from etherscan block explorer as the first address to invest as seen here https://etherscan.io/token/0x08fd34559f2ed8585d3810b4d96ab8a05c9f97c5
I've send you a PM to explain this situation.

Update:

Surprisingly, you made reward to yourself (or one of your address). That transaction is made even before your announcement.

I am the first investor after you publish this thread. Here is my transaction: https://etherscan.io/tx/0x8a2cdd6b0886dc3bf1c4927ead714121f29100d82e968183705692d2250dffcb

I hope at least check this and fix it this time, if you really take this project with honest.

Hi there,

The post was published July 28, 2017, 17:17:10 PM and the transaction has been made at 2017-07-28 17:38:46 (UTC)
Sorry for you, but this was our first investor and he must be on this board. We took the first investor as listed on the blockexplorer.

Who invested just after 20 mins of starting this dumbas thread? The project itself look like to cheat people. You said no ico and trying to collect 75000 ETH with the name of mining shares. Who believe your project?

mnamshares

full member

Activity: 120

Merit: 100

Quote from: clusterToken on July 29, 2017, 06:05:37 AM

Quote from: nagatraju on July 29, 2017, 05:59:48 AM

Quote from: clusterToken on July 29, 2017, 05:57:06 AM

Quote from: nagatraju on July 29, 2017, 05:48:17 AM

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

Sorry to hear, that means your address was not the first investor address.
We took the address from etherscan block explorer as the first address to invest as seen here https://etherscan.io/token/0x08fd34559f2ed8585d3810b4d96ab8a05c9f97c5
I've send you a PM to explain this situation.

Update:

Surprisingly, you made reward to yourself (or one of your address). That transaction is made even before your announcement.

I am the first investor after you publish this thread. Here is my transaction: https://etherscan.io/tx/0x8a2cdd6b0886dc3bf1c4927ead714121f29100d82e968183705692d2250dffcb

I hope at least check this and fix it this time, if you really take this project with honest.

Hi there,

The post was published July 28, 2017, 17:17:10 PM and the transaction has been made at 2017-07-28 17:38:46 (UTC)
Sorry for you, but this was our first investor and he must be on this board. We took the first investor as listed on the blockexplorer.

Hi Dev, I have check early conversations in this thread. But there is no sign of investment till 'nagatraju' claims himself. Any way final decision is yours. But be frank. otherwise no reputation to this project.

clusterToken

member

Activity: 84

Merit: 10

Quote from: nagatraju on July 29, 2017, 05:59:48 AM

Quote from: clusterToken on July 29, 2017, 05:57:06 AM

Quote from: nagatraju on July 29, 2017, 05:48:17 AM

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

Sorry to hear, that means your address was not the first investor address.
We took the address from etherscan block explorer as the first address to invest as seen here https://etherscan.io/token/0x08fd34559f2ed8585d3810b4d96ab8a05c9f97c5
I've send you a PM to explain this situation.

Update:

Surprisingly, you made reward to yourself (or one of your address). That transaction is made even before your announcement.

I am the first investor after you publish this thread. Here is my transaction: https://etherscan.io/tx/0x8a2cdd6b0886dc3bf1c4927ead714121f29100d82e968183705692d2250dffcb

I hope at least check this and fix it this time, if you really take this project with honest.

Hi there,

The post was published July 28, 2017, 17:17:10 PM and the transaction has been made at 2017-07-28 17:38:46 (UTC)
Sorry for you, but this was our first investor and he must be on this board. We took the first investor as listed on the blockexplorer.

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: clusterToken on July 29, 2017, 05:57:06 AM

Quote from: nagatraju on July 29, 2017, 05:48:17 AM

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

Sorry to hear, that means your address was not the first investor address.
We took the address from etherscan block explorer as the first address to invest as seen here https://etherscan.io/token/0x08fd34559f2ed8585d3810b4d96ab8a05c9f97c5
I've send you a PM to explain this situation.

Update:

Surprisingly, you made reward to yourself (or one of your address). That transaction is made even before your announcement.

I am the first investor after you publish this thread. Here is my transaction: https://etherscan.io/tx/0x8a2cdd6b0886dc3bf1c4927ead714121f29100d82e968183705692d2250dffcb

I hope at least check this and fix it this time, if you really take this project with honest.

clusterToken

member

Activity: 84

Merit: 10

Quote from: nagatraju on July 29, 2017, 05:48:17 AM

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

Sorry to hear, that means your address was not the first investor address.
We took the address from etherscan block explorer as the first address to invest as seen here https://etherscan.io/token/0x08fd34559f2ed8585d3810b4d96ab8a05c9f97c5
I've send you a PM to explain this situation.

miningteam23

full member

Activity: 176

Merit: 100

I don't understand why anyone send real cash to you (an anonymous dev) to buy a very suspect coin. This just doesn't make any sense at all. I'll stick with TME.

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: clusterToken on July 29, 2017, 05:37:31 AM

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

That is not me. Can you fix it?

mnamshares

full member

Activity: 120

Merit: 100

Quote from: clusterToken on July 29, 2017, 05:24:32 AM

Quote from: mnamshares on July 29, 2017, 05:17:17 AM

Because you are going to raise 75000 ETH by selling this coin (750 Clusters, each at the rate of 100 ETH). So this is Purely ICO to raise 75000 ETH at the end.

Please read this post carefully before making such statements: https://bitcointalksearch.org/topic/m.20463887

Thank you

Thank you very much for accepting that you are going to sell Mining Shares, which is worth 75000 ETH.

As per your words:

Quote

The goal is that people buy their mining 'shares', and get the reward once the cluster has been completed.

Also thank you very much for removing "No ICO" words from the subject of this thread, as per my request.

clusterToken

member

Activity: 84

Merit: 10

Quote from: nagatraju on July 29, 2017, 05:21:44 AM

By the way, is there any reward for me as a First Investor?

Reward has been sent from our allocated funds and recorded on our Github https://github.com/clustertoken/clustertoken/blob/master/docs/rewards.md

clusterToken

member

Activity: 84

Merit: 10

Quote from: mnamshares on July 29, 2017, 05:17:17 AM

Because you are going to raise 75000 ETH by selling this coin (750 Clusters, each at the rate of 100 ETH). So this is Purely ICO to raise 75000 ETH at the end.

Please read this post carefully before making such statements: https://bitcointalksearch.org/topic/m.20463887

Thank you

nagatraju

hero member

Activity: 672

Merit: 500

Quote from: clusterToken on July 29, 2017, 03:35:19 AM

Quote from: nagatraju on July 28, 2017, 09:28:59 PM

UPDATE:

I have just sent 0.01 ETH to the contract address, to check the process.

But I have got only 0.0001 CLRT only in my account. That means to get 1 CLRT, we need to send 100 ETH? Which is very expensive.

If its true that each CLRT costs 100 ETH, this project must be a SCAM.

I think you missed how ClusterToken works.

Quote

3. The cluster system

Instead of giving a reward per mined block, ClusterToken uses a clustered system where holding tokens is rewarded. ClusterToken exists of 3 different units, that each have their own phase to become a single CLUSTER. We distinct these units as follows:

UNIT: The base unit of ClusterTokens. Each block generated on the parent’s blockchain gives 1 UNIT to the ClusterToken Smart contract.

SEGMENT: Every 1000 UNITS, 1 SEGMENT is added to the ClusterToken Smart Contract. Mathematically, one SEGEMENT equals a thousand UNITS.

CLUSTER: Every 1000 SEGMENTS, 1 CLUSTED is added to the contract. This is the main reward for token holders, and the base unit for ClusterToken.
Mathematically, 1 CLUSTER equals a thousand SEGMENTS and one million UNITS generated.
Essentially, every one million blocks on the parent’s blockchain mined will produce 1 CLUSTER to be distributed among all ClusterToken holders.

This means that every 1.000.000 blocks, 1 CLUSTER is generated and distributed between all ClusterToken holders.
The rewards are calculated as such:

Code:

REWARD = 1 CLUSTER / HOLDERS * SHARES = REWARD

So if you would be the only holder, with an investement of 1 Eth, you would receive 100 CLUSTER.

However, you need to divide this between all holders, this is an unknown factor. If there are 500 holders, you would get 0.2 CLUSTER. 5000 holders means 0.02 CLUSTER, and so on.
This is over the lifespan of 1.000.000 blocks, ~7 months. So the less participants, the higher the rewards are. The more, the smaller the rewards. All depends on the user share as well.

One CLUSTER will be extremely hard to obtain, hence the total supply of 750 CLUSTERS.
If you like to participate, you can starting at 0.01 Ether ( ~2 USD) and get rewards as well.

Thank you for your constructive feedback and your review on our transactions.

Thank you very much for your clarification. We still need to check how it works in future.

By the way, is there any reward for me as a First Investor?

mnamshares

full member

Activity: 120

Merit: 100

Quote from: clusterToken on July 29, 2017, 03:35:19 AM

Quote from: nagatraju on July 28, 2017, 09:28:59 PM

UPDATE:

I have just sent 0.01 ETH to the contract address, to check the process.

But I have got only 0.0001 CLRT only in my account. That means to get 1 CLRT, we need to send 100 ETH? Which is very expensive.

If its true that each CLRT costs 100 ETH, this project must be a SCAM.

I think you missed how ClusterToken works.

Quote

3. The cluster system

Instead of giving a reward per mined block, ClusterToken uses a clustered system where holding tokens is rewarded. ClusterToken exists of 3 different units, that each have their own phase to become a single CLUSTER. We distinct these units as follows:

UNIT: The base unit of ClusterTokens. Each block generated on the parent’s blockchain gives 1 UNIT to the ClusterToken Smart contract.

SEGMENT: Every 1000 UNITS, 1 SEGMENT is added to the ClusterToken Smart Contract. Mathematically, one SEGEMENT equals a thousand UNITS.

CLUSTER: Every 1000 SEGMENTS, 1 CLUSTED is added to the contract. This is the main reward for token holders, and the base unit for ClusterToken.
Mathematically, 1 CLUSTER equals a thousand SEGMENTS and one million UNITS generated.
Essentially, every one million blocks on the parent’s blockchain mined will produce 1 CLUSTER to be distributed among all ClusterToken holders.

This means that every 1.000.000 blocks, 1 CLUSTER is generated and distributed between all ClusterToken holders.
The rewards are calculated as such:

Code:

REWARD = 1 CLUSTER / HOLDERS * SHARES = REWARD

So if you would be the only holder, with an investement of 1 Eth, you would receive 100 CLUSTER.

However, you need to divide this between all holders, this is an unknown factor. If there are 500 holders, you would get 0.2 CLUSTER. 5000 holders means 0.02 CLUSTER, and so on.
This is over the lifespan of 1.000.000 blocks, ~7 months. So the less participants, the higher the rewards are. The more, the smaller the rewards. All depends on the user share as well.

One CLUSTER will be extremely hard to obtain, hence the total supply of 750 CLUSTERS.
If you like to participate, you can starting at 0.01 Ether ( ~2 USD) and get rewards as well.

Thank you for your constructive feedback and your review on our transactions.

First of all, Please remove "No ICO" words from the subject of this thread. Because you are going to raise 75000 ETH by selling this coin (750 Clusters, each at the rate of 100 ETH). So this is Purely ICO to raise 75000 ETH at the end.

clusterToken

member

Activity: 84

Merit: 10

Quote from: Ano on July 29, 2017, 04:26:25 AM

What you will do with raised amount because it's new form of ICO. Why not use the same methods for distribution like MNE did in past and recently TME gave opportunity to people to get it free. I think this more efficient way to make involve the community into this project.

According to our timeline, funds will be used for marketing purposes mainly.
We reserved 100 CLUSTER for this purpose and will try to pay everything with these reserved tokens.
If ClusterToken turns successfull once our marketing campaigns are live, we may consider using the funds to have a spotlight listing at an exchange.
There is no reason to believe ClusterToken will generate hundres of Ethereum during the first couple of months, so we'll use the funds as needed for the marketing campaigns.

We've studied the model of free distribution, but having a free distribution is not in line with the spirit of equality.
We opted for a distribution model where anyone can join at the same conditions. Everyone has the same chances, with equal advantages.
It's only a matter of joining before too many people join, since that will drastically reduce the rewards.

AndrewBUD

hero member

Activity: 1078

Merit: 502

I never saw the answer to the question, why need your token. Personally, I do not care how he will mined - hard or easy. The whole question is, what will your token be used for?

loli974

full member

Activity: 406

Merit: 105

Quote from: nagatraju on July 28, 2017, 09:28:59 PM

UPDATE:

I have just sent 0.01 ETH to the contract address, to check the process.

But I have got only 0.0001 CLRT only in my account. That means to get 1 CLRT, we need to send 100 ETH? Which is very expensive.

If its true that each CLRT costs 100 ETH, this project must be a SCAM.

idem , i'm participate with 0.01 ETH in contribution, if i understand, the most holder they are, the most clrt we are

Ano

sr. member

Activity: 1148

Merit: 253

What you will do with raised amount because it's new form of ICO. Why not use the same methods for distribution like MNE did in past and recently TME gave opportunity to people to get it free. I think this more efficient way to make involve the community into this project.

clusterToken

member

Activity: 84

Merit: 10

Quote from: addicto on July 29, 2017, 04:02:00 AM

100 ETH is too high amount to 1 token what a rare token that is. I'm done to hear that price 183k USD what we really need that coin. With that amount we can run a lot GPU rigs to mine variety of coins instead of just virtual coin.

You're looking at it the wrong way. ClusterToken is a self mining contract.
This means, it's 'block reward' is 1 CLUSTER. It's not intended that people actually buy 1 ClusterToken from the supply.

The goal is that people buy their mining 'shares', and get the reward once the cluster has been completed.
Just like you would, for example, invest 0.1BTC to mine bitcoin where the block reward (12,5BTC) is split amongst the holders.

So, even if I understand where "You're asking 100 eth per token" comes from, it should not be seen in that perspective.
The perspective is that your block reward equals 100 ETH, and you can accumulate shares starting at 0.01 ETH to have a portion of this reward.

Thank you kindly.

memii

legendary

Activity: 1372

Merit: 1001

It is very complicated project that's why I just stayed away to see it more closely. If you are only holder you will get 100 Cluster for each 1 ETH. This is not going to work when you don't know is behind and what is the roadmap and plan for this project. The more the holders are the lesser the reward is.

Topic: [ANN] ⭐⭐⭐ CLUSTER ⭐⭐⭐ Self mining token ⭐ 100ETH reward per Cluster solved! ⭐ - page 12. (Read 12436 times)