Topic: ANN [CREA] Decentralized Communities that reward creators of digital arts - page 13. (Read 116296 times)
August 27, 2018, 07:31:35 AM
i didn't understand - there will be a swap or what?
August 24, 2018, 04:15:45 PM
I also think the annual inflation of 8 percent is a little bit to much. Will there be a community vote about that? In my opinion 5 percent is more than enough for staking.
August 23, 2018, 07:09:48 AM
News in Spanish
CREA 2.0 en Territorio Bitcoin https://www.territoriobitcoin.com/nueva-tecnologia-desarrollada-para-revolucionar-el-ecosistema-creativo/
CREA 2.0 en Territorio Bitcoin https://www.territoriobitcoin.com/nueva-tecnologia-desarrollada-para-revolucionar-el-ecosistema-creativo/
August 22, 2018, 07:16:48 AM
Hi, thanks for sharing your opinion!
With the new system in 20 years, some 42 million CREA will have been issued, while with the 1.0 system in 20 years there would have been about 75 million CREA (+70% more).
To reach the max supply of the currency of 115 million coins had to spend about 120 years and now to reach 115 million will take more or less the same.
Please, check this article: https://www.creativechain.org/distribution-and-supply-of-cryptocurrency-in-crea-2-0
With the new system in 20 years, some 42 million CREA will have been issued, while with the 1.0 system in 20 years there would have been about 75 million CREA (+70% more).
To reach the max supply of the currency of 115 million coins had to spend about 120 years and now to reach 115 million will take more or less the same.
Please, check this article: https://www.creativechain.org/distribution-and-supply-of-cryptocurrency-in-crea-2-0
August 22, 2018, 03:27:10 AM
THE EVOLUTION TO CREA 2.0 - Main features comparison chart
More info: https://www.creativechain.org/crea-2-0-is-coming
More info: https://www.creativechain.org/crea-2-0-is-coming
unlimited coins? I dont think thats a good idea. It destroys the idea behind it being limited by numbers. Coin has to go to 0 eventually, because when there will be 10000000000000000000000000000000000000000000 coins, how much will one be worth?
musicoin does a similar thing with the unlimited thing, it doesnt work. Its just like FIAT money then
Whoever thought of this unlimited notion, needs to be schooled in economics ...
I agreed that this is a very bad issuance of funds, and makes CREA a 'system' rather than a coin, and in this 'system' the differences between FIAT and coin is merely technical.
What a very bad decision CREA team. Very bad indeed!
Apart from that, the tech is looking good.
#crysx
August 22, 2018, 01:39:34 AM
THE EVOLUTION TO CREA 2.0 - Main features comparison chart
More info: https://www.creativechain.org/crea-2-0-is-coming
More info: https://www.creativechain.org/crea-2-0-is-coming
unlimited coins? I dont think thats a good idea. It destroys the idea behind it being limited by numbers. Coin has to go to 0 eventually, because when there will be 10000000000000000000000000000000000000000000 coins, how much will one be worth?
musicoin does a similar thing with the unlimited thing, it doesnt work. Its just like FIAT money then
August 21, 2018, 04:33:12 AM
THE EVOLUTION TO CREA 2.0 - Main features comparison chart
More info: https://www.creativechain.org/crea-2-0-is-coming
More info: https://www.creativechain.org/crea-2-0-is-coming
August 19, 2018, 11:01:54 AM
In my opinion it is a very good desicion to reduce the annual increasing of the the coin supply. This will make the coin price much more stable.
August 17, 2018, 04:38:16 AM
(IMPORTANT INFORMATION FOR CREA HOLDERS)
Supply and currency rewards in CREA 2.0
Hello Creatians! In this article we explain how the new cryptocurrency allocation and supply protocol will work in CREA 2.0
-In CREA 2.0 the issuance of new currency will be based on a percentage of inflation over the total currency existing at that time. It will go from an annual inflation of 40% (CREA 1.0) to 8% of annual issuance in CREA 2.0
-In the new version 2.0 the rewards will be much more distributed in proportion between the interested parties that use the network: 70% Authors and curators of content, 15% among the holders of the token and the other 15% among the witnesses of the network.
- Undoubtedly, the new currency issuance system will bring more value to all the parties that make up the CREA ecosystem.
At this moment, there is a very favorable transition scenario for miners and hodlers, since getting a lot of CREA won’t be so easy again.
More information: https://www.creativechain.org/distribution-and-supply-of-cryptocurrency-in-crea-2-0
August 14, 2018, 05:42:18 AM
Art13 threatens EVERYTHING you do on the Internet. It restricts the ability of users to consume content...
The days of free creativity might be coming to an end!
💪Stand up and ask Europe to protect your Internet!
https://www.saveyourinternet.eu
August 14, 2018, 04:52:01 AM
We have distributed the rewards for our first GAMMA program
All those who have participated and followed the instructions correctly can already see their newly arrived CREA on their wallets
August 13, 2018, 03:19:06 AM
August 07, 2018, 06:28:35 AM
Discover the new CREA 2.0 tokens: CGY and CBD
Version 2.0 of CREA will incorporate several technical advances and multiple implementations to build a next generation social network. In this post we will focus on explaining the operation of the new digital assets: CREA ENERGY (CGY) and CREA DOLLAR (CBD).
Crea (CREA)
CREA is the main currency of the blockchain of Crea. The rest of the tokens will get their value from this main asset. CREA is a liquid currency, so you can trade with it in exchanges, send it to other users or directly use it as a payment method.
How to get CREA now in version 1.0?
You can currently get CREA in some exchanges or through the Mining process.
How to get CREA in version 2.0?
Through an exchange of cryptocurrencies, creating quality content in the social network and obtaining rewards, or exchanging CGY and CBD by CREA through different methods integrated in the platform.
You can also become a witness and you will receive rewards for being a network validation node. (15% of annual inflation).
Crea Energy (CGY)
In the cryptocurrency sector, most speculators jump from one cryptocurrency to another based only on which one is expected to have a short-term growth, without caring too much about the objectives that they promote or the developments of the project behind.
Crea wants to build a community mostly controlled by people with a long-term vision and interest on the platform. For this, users can convert their CREA to Crea Energy (CGY).
This asset can not be transferred to other users and could hardly be used in cryptocurrency exchanges, however it offers many benefits within the platform.
This commitment to the network entails a return process of the committed CREA of 8 weeks through a weekly payment.
CGY is the creative energy and an indicator of the power of each user when voting for content or network witnesses (DPOS).
When users vote for publications, their influence on the distribution of rewards is directly proportional to the amount of CGY they have. This means that CGY is a token that grants its holders exclusive powers within the Crea platform.
In addition, CGY holders will receive 15% of annual inflation as a reward. The number of new CGY tokens that they receive is directly proportional to the amount of CGY they keep in relation to the total amount of CGY granted to the total of users. This is a system similar to the POS of other cryptocurrencies, with the difference that CGY assets can continue to be used since they are not blocked.
How can you get CGY?
1- Through the publication of content on the network.
2- Converting your CREA to Crea Energy directly from the wallet.
Crea Dollar (CBD)
An important handicap in the cryptocurrency sector in general is the volatility or instability in the exchange prices of its digital assets. This feature can put at risk the value of the work of a user or creative that uses the social network to distribute or buy content. Stability is essential in any kind of successful economy.
In order for users to obtain this stability, Crea 2.0 will incorporate a new asset type called Crea Dollar (CBD).
The CBD or “CREA Based Dollar” is intended to have a price correlation with the US Dollar.
CBD may be withdrawn at any time by users. The CREA Core takes and destroys the CBD and then creates a new CREA. The conversion ratio is calculated using the market price. If the CREA value is 10 cents, a Crea Dollar could be exchanged for 10 CREA. This is why its price always tries to stay stable and close to the value of 1 USD.
Apart from being pegged asset, it can also be used inside the platform, for example to buy promoted spaces.
How can you get CBD?
CBD can be converted to CREA in two ways.
Through the publication of contents in the network, since the rewards in the platform 2.0 will be delivered in CBD 50% and CGY 50%
Using the internal exchange of the social network where you can only exchange between CREA and CBD, although the price in this market could vary due to speculation.
These are the main details of the characteristics and functioning of CREA tokens in the new version that will be released soon. Here you can find other implementations of Crea 2.0.
In the next post we will talk about how the reward of the network will be issued and in what percentages the reward will be distributed to authors, curators, holders and DPoS nodes.
https://www.creativechain.org/the-new-tokens-of-crea-2-0
August 07, 2018, 03:26:12 AM
The winners of the Satoshi Nakamoto Weeklys are:
✅Staff's Pick:
"Satoshi Nakamoto" by Susie 🎨
✅Public's Choice:
"We are Satoshi Nakamoto" by Sound Design 🎵
"Satoshi Panels" by Leboo 🎨
Congrats!
Thanks to all the participants!
https://www.creativechain.org/challenges
August 06, 2018, 04:46:42 AM
The most important thing is to show all your investors and customers the value and importance of the product you are working on.
You are right! We'll start our marketing plan with the CREA 2.0 launch!
https://www.creativechain.org/marketing-road-map
August 06, 2018, 04:12:52 AM
We are working hard to launch the online version 2.0 of our platform in a few weeks!
Now you can discover the CREA universe by downloading the app on our website.
Follow these steps ... it's very easy!
https://www.creativechain.org/tutorial-en
August 04, 2018, 06:08:32 AM
The most important thing is to show all your investors and customers the value and importance of the product you are working on.
August 04, 2018, 04:14:31 AM
CREA 2.0 will use Memorizable addresses!
Instead of hard-to-remember addresses formed by random digits and letters used in Bitcoin and most cryptocurrencies, in the CREA network it will be possible to send transactions to @usernames or passwords.
-Examples-
BTC address: 17bsw02aah2185mzn61d37w8x44e819a
CREA address: ilovecrypto
August 01, 2018, 05:24:48 AM
📢 Last day to join the Satoshi Nakamoto Weekly challenge!
There are only a few hours left to participate in the Satoshi Nakamoto Weekly art challenge!
2000 CREA will be distributed to the winners. (1) Staff's pick and (2) Public's choice.
Info: https://www.creativechain.org/satoshinakamoto
Give the creator of Bitcoin a face, an identity or a personality!
August 01, 2018, 04:28:49 AM
CREA is now available on NEXT exchange!
NEXT.exchange is a new hybrid decentralized cryptocurrency that allow users to trade their favorite cryptocurrencies and tokens in a fast and secure way. They have fully paired Electroneum, Verge, Rupee, Electra and over 100+ ERC20 tokens with other crypto and fiat. … and CREA has been included too!
NEXT.exchange has been lauched recently and, acording to their whitepaper, they want to become the next-generation cryptocurrency exchange, fully utilizing the Blockchain technology, delivering propositions for new users of unparalleled value, and offering strong returns for investors.
Their mission is to foster and enhance the adoption of cryptocurrency as a medium of exchange for global stock trading by increasing awareness and educating the general public on the safety and advantages of utilizing digital currencies and Blockchain technology.
NEXT.exchange presents several innovations such as Pool Trading, that allows to obtain high trading volumes and the generation of substantial profits in today’s stock market due to their integration with other corporate finance houses and major trading forces.
Through its simple and user friendly interface, NEXT.exchange offers the possibility to easily exchange CREA with BTC and ETH in addition to EURO and USD. This means a new and interesting way of obtaining CREA using other cryptocurrencies or fiat money and thus to make it more accessible for those users who wish to obtain it through this new platform.
To start using NEXT.exchange, it will be enough to register at https://next.exchange with the requested information and choose one of the markets in which you can exchange CREA.
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