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Topic: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵 - page 16. (Read 50804 times)

member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
Covalent is quickly getting attention from both Blockchain and non Blockchain based firms. It’s a project that could be adopted across all industries. Every firm needs to protect its users information. That’s on vital part of security.

Its much needed one. Broader adoption is very important and project is moving in a right direction in my opinion.
jr. member
Activity: 448
Merit: 3
I just found out COVA tokens could be mined much more easily on the mainnet as long as you have a computer with Inter CPU, you can join the network and mine COVA.
member
Activity: 672
Merit: 11
Covalent has a very low token supply. Just 1.1 billion. Also, team tokens are locked. That’s impressive of the team. Any dump in price isn’t from the team. But the community that’s the reason why the value is quite stable.

Hmm, well I wouldn't say that 1.1 billion is a very low supply, to be honest. Sure, there are projects with a much higher supply but I would prefer an even lower total supply. Does anyone know if the supply will decrease over time (token burning or something like that)?

You're right, probably they are fixated at the fact that they have so much to offer and maybe the demand will be higher than the supply, well, at the moment, its all about getting things up and running and creating the needed avenue for the community to actually seek out their token, that's all that's needed and such will create a balance of the available quantity that's in circulation, do they have any plans of burning token?

I checked their website and their Telegram group and I don't think that they have a plan to burn tokens. At least not yet.

yeah, they don't have plans to burn token i believe they have other methods of ensuring tokens retain their value. Cova looks like a great project

Well that speaks a lot, as most brand see burning of tokens as the last resort to ensure that their token maintain some sort of value but for Cova to skip that part is indeed something that will raise eyebrows, not in a negative way but in a positive way, i have been following the brand and so far they have produce creative means of fixing up hurdles
full member
Activity: 686
Merit: 101
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

It was really one of the most informative vlog about them. It will going to attract more people on how great this project is once it become fully implemented. It will change a lot!
Yeah they featured every details you needed to know about them and how that'll work! They have some heavy techy thing which is complicated for any regular man! But they kind of explained the whole thing in a few words!

Covalent looks more technical and would need more YouTube to talk about it. You could search on google, there are a couple more interesting articles about Covalent and how it works.

Well, they already have a Youtube video where they explain their project in detail. But yeah, I also prefer a nice video over a long text.
full member
Activity: 504
Merit: 106
★Bitvest.io★ Play Plinko or Invest!
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Will BitMax really introduce margin trading on all their trading pairs including Cova? I thought they will only start with BTC, ETH and EOS? And do you have an exact date when they will enable it?

No dates as of yet but if you take a look at COVA's subreddit and telegram they keep dropping hints about it. I think they will definitely release it in the next month or so, would be massive news for Bitmax. I know a lot of crypto exchanges already use margin trading but it will bring in a lot of volume to a great exchange with lots of great features.

I saw that on their reddit page and i was trying to know more about the margin trading but couldn't get the needed reply from the moderator, i will love to know more about the margin trading, like what it means and what Cova stands to gain as a brand, i was excited to see them get listed on bitmax because of the efficient nature of the exchange and great trading volume

COVA won't really gain from it apart from an increase in the volume of trading as traders will borrow extra funds to trade with. It's the traders that will benefit as they will have more flexibility. Margin trading isn't available for COVA on Huobi so it differentiates Bitmax and helps them stand out as an exchange.
member
Activity: 728
Merit: 10
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Margin trade isn't for the faint heart  Cheesy, COVA is a great project and it is great that it is eligible for margin trading on the Bitmax exchange. Only traders with strong heart will take advantage of this and it will be quite interesting to watch  Grin

Funny for me I still don't understand how margin trading works, I have tried a couple of times to get the meaning and they work. I have used investopedia and still can't understand the trading method

Simply put, Margin Trading is leveraging. It is getting access to more funds than you currently have to trade which can only end in any of two ways either make profit to be able to pay back or loss which leaves you with nothing or almost nothing.

Getting access to more funds which means the funds are not yours right? If you lose the money won't you be in depth?
copper member
Activity: 644
Merit: 1
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Margin trade isn't for the faint heart  Cheesy, COVA is a great project and it is great that it is eligible for margin trading on the Bitmax exchange. Only traders with strong heart will take advantage of this and it will be quite interesting to watch  Grin

Funny for me I still don't understand how margin trading works, I have tried a couple of times to get the meaning and they work. I have used investopedia and still can't understand the trading method

Simply put, Margin Trading is leveraging. It is getting access to more funds than you currently have to trade which can only end in any of two ways either make profit to be able to pay back or loss which leaves you with nothing or almost nothing.
jr. member
Activity: 364
Merit: 3
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

It was really one of the most informative vlog about them. It will going to attract more people on how great this project is once it become fully implemented. It will change a lot!
Yeah they featured every details you needed to know about them and how that'll work! They have some heavy techy thing which is complicated for any regular man! But they kind of explained the whole thing in a few words!

Covalent looks more technical and would need more YouTube to talk about it. You could search on google, there are a couple more interesting articles about Covalent and how it works.

Covalent team recently created a blog to keep everyone updated. You can find selected articles written by cova community here on the new blog: https://blog.covalent.ai/blog/bi-weekly-updates-vol-7
full member
Activity: 826
Merit: 102
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

It was really one of the most informative vlog about them. It will going to attract more people on how great this project is once it become fully implemented. It will change a lot!
Yeah they featured every details you needed to know about them and how that'll work! They have some heavy techy thing which is complicated for any regular man! But they kind of explained the whole thing in a few words!

Covalent looks more technical and would need more YouTube to talk about it. You could search on google, there are a couple more interesting articles about Covalent and how it works.
jr. member
Activity: 448
Merit: 3
Covalent is quickly getting attention from both Blockchain and non Blockchain based firms. It’s a project that could be adopted across all industries. Every firm needs to protect its users information. That’s on vital part of security.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Margin trade isn't for the faint heart  Cheesy, COVA is a great project and it is great that it is eligible for margin trading on the Bitmax exchange. Only traders with strong heart will take advantage of this and it will be quite interesting to watch  Grin

Funny for me I still don't understand how margin trading works, I have tried a couple of times to get the meaning and they work. I have used investopedia and still can't understand the trading method
jr. member
Activity: 420
Merit: 2
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

It was really one of the most informative vlog about them. It will going to attract more people on how great this project is once it become fully implemented. It will change a lot!
Yeah they featured every details you needed to know about them and how that'll work! They have some heavy techy thing which is complicated for any regular man! But they kind of explained the whole thing in a few words!
member
Activity: 630
Merit: 10
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

It was really one of the most informative vlog about them. It will going to attract more people on how great this project is once it become fully implemented. It will change a lot!
member
Activity: 490
Merit: 10
Was looking through some of the TPS numbers from the testnet thats frigging astonishing it's really making the case for global possibility for scaling the network out to be able to really handle the kind of secured transactions they are looking to accomplish, its a real relief

Looks like it is doing better than expected. I think them being from recognized universities gives them the advantage over the others. I think they could user more partnerships though.
full member
Activity: 546
Merit: 106
Bountyhive.io
Was looking through some of the TPS numbers from the testnet thats frigging astonishing it's really making the case for global possibility for scaling the network out to be able to really handle the kind of secured transactions they are looking to accomplish, its a real relief
copper member
Activity: 644
Merit: 1
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21

This is indeed a very useful video, it actually helped me understand how the project works when I watched it. I remember being confused about how the protocol will actually work until the video gave me a very simple explanation that all it takes is replacing https with COVA
full member
Activity: 686
Merit: 101
Covalent has a very low token supply. Just 1.1 billion. Also, team tokens are locked. That’s impressive of the team. Any dump in price isn’t from the team. But the community that’s the reason why the value is quite stable.

Hmm, well I wouldn't say that 1.1 billion is a very low supply, to be honest. Sure, there are projects with a much higher supply but I would prefer an even lower total supply. Does anyone know if the supply will decrease over time (token burning or something like that)?

You're right, probably they are fixated at the fact that they have so much to offer and maybe the demand will be higher than the supply, well, at the moment, its all about getting things up and running and creating the needed avenue for the community to actually seek out their token, that's all that's needed and such will create a balance of the available quantity that's in circulation, do they have any plans of burning token?

I checked their website and their Telegram group and I don't think that they have a plan to burn tokens. At least not yet.

yeah, they don't have plans to burn token i believe they have other methods of ensuring tokens retain their value. Cova looks like a great project

I also heard that your tokens will get deemed a Security token if you have token burn programs. So it's better not to have it. Otherwise, you would just get problems with the SEC.
jr. member
Activity: 448
Merit: 3
Want to know more about COVALENT, here is a vlog that tell all about how Cova works: https://twitter.com/stevegrahamer/status/1084219882957430789?s=21
jr. member
Activity: 574
Merit: 1
when you are fed up transfer your crypto to me
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Will BitMax really introduce margin trading on all their trading pairs including Cova? I thought they will only start with BTC, ETH and EOS? And do you have an exact date when they will enable it?

I think so. It will only be fair to give anyone that chooses the margin trade option access to trade on all the available coins listed on the site.

As sound as it sounds I really think the bitmax exchange will likely try out their options before going all in. Cova will be first in pine I hope
copper member
Activity: 644
Merit: 1
Apparently, Bitmax will introduce margin trading to its exchange, COVA was recently listed on their platform and it will be eligible for margin trading. I wonder if many people will take up the option, you will either get rekt or strike it rich!  Shocked

Margin trade isn't for the faint heart  Cheesy, COVA is a great project and it is great that it is eligible for margin trading on the Bitmax exchange. Only traders with strong heart will take advantage of this and it will be quite interesting to watch  Grin
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