Topic: [ANN] [FUTEREUM (FUTR)] [Ethereum Blockchain Derivatives Contract] - page 4. (Read 16351 times)

Sorry, it seems you may be mistaking the project for another. We heard that there were a lot of this people in Telegram today too. Plewase we ask you respectfully to keep discussion calm and measured in the Futereum Telegram. We do not monitor or administer the rooms for Futereum as we want to create decentralised ecosystem first of all, but this means we must be respectful and not loud and pushy with out points. Thank you for understanding and we hope you look more closely at our project and like it )

Probably another scam from Daniel Harrison, creator of Monkey Capital. He's tweet about it: https://twitter.com/dmhco/status/955897754559090689

Futereum back in the news today credited here with heralding in the era of the Reverse-back Crypto offering: https://www.cryptoninjas.net/2018/01/23/futereum-foundation-coins-term-reverse-back-cryptos-rbc/

Encouraging to see Futereum innovations getting such widespread acknowledgement so soon in the game!

i wish this project a big success in the near future, count my support thru sharing and posting on my social media accounts. goodluck to this project and goodluck to you dev.

Which means early adopters are rewarded just like earlier adopters of Bitcoin/ETH.  There is now an endorsement for the pre-sale running on EtherDelta.  Also, I would check out the website there have been recent updates with a simplified whitepaper: https://futereum.org/

Updated 1/22/2017
- Updated member count
- Changed pre-sale end date

Pre-Order (20% Below Lvl 1 Mining Cost, Ends when it is gone!) Sold 1/2 of the pre-order in 3 days, didn't expect that kind of interest.

I have been in the Telegram Community: https://t.me/FutereumCommunity chat for the last few days and the community has been a great help in helping us understand this product, especially Amanda, who never sleeps and AK899.  I’m excited about this project (I’m a large FUTR investor) that I want to get more people involved.  To do so I’m selling a portion of my FUTR pre-order for 20% below level 1 mining cost!  You don’t get it cheaper than that when it gets listed on Open Ledger, February 2 (when this pre-sale ends).  This discount is on the honor system but I figure it would be enough to get you to join into our chat room to learn more. 

Personal Endorsement by Futereum! (https://medium.com/@futereum/how-futereum-will-to-change-the-world-168d0853dc8d)
EtherDelta Listing: https://etherdelta.com/#0xc83355ef25a104938275b46cffd94bf9917d0691-ETH

Token Validity can be confirmed by checking the Contract Address on EtherDelta to Etherscan: https://etherscan.io/token/0xc83355ef25a104938275b46cffd94bf9917d0691 click the link "Make sure Futereum Tok is the token you actually want to trade. Multiple tokens can share the same name." and it will launch to Etherscan.   Check the Futereum website and you will see the same Contract Address: https://futereum.org/

There are 126 members in the FutereumCommunity Chat and I'm in the chat room if you have questions.

Sorry, yes - it is a shitty description and you are right, it does smell like bullshit. It was likely one too many late nights that failed to catch that copy edit. What we meant was this - when FUTR is exchanged back for ETH, it is done on a %-per-% basis (that is the "reverse mining" bit), whereas when it is initially purchased with ETH, it is done according to that Fib. equation that runs down the FUTR/ETH column.

>By employing a Fibonacci algorithm in the process of undertaking a reverse-mining of Ether (ETH)

Can someone explain this to me? I know what an algorithm is, I know what the Fibo sequence it, but I fail to see what reverse-mining is. And how a Fibo algo would help create an ETH derivative.

This smells like complete humbug to me.

Here is a more technical video explaining how Futereum's tri-part core/exchange/derivative utility functions work: https://youtu.be/1G4YAFfCaPk

We have nearly collectively mined 10,000 FUTR just over one week in

Great start!

Read the whole website through (https://futereum.org) and this pamphlet through (https://futereum.org/wp-content/uploads/2018/01/FUTR-Jan18.pdf) and you should be getting FUTR delivered into your wallet no problem in pretty much no time at all!

Honestly, if you want the truth, because of the people like you who are in Crypto. You play in a world of Decentralisation based on someone's right to privacy and equalised basis of communal respect founded on the idea of the system / thing only, and all you want to know about are personalities? That's a dangerous person. In fact it's the type of "I wanna have my cake and eat it" mentality that Edward Snowden was uncovering in the national homeland security chiefs. These are the minds of politicians - and there seems to be so many of them in Crypto nowadays that it feels just plain unsafe for people who are not political by nature. Understand this is not a personal criticism of you. It is an answer to your question directly and truthfully. Hope you take it in that spirit for some of us in the world money is only a tool and power is privacy not publicity ) sorry if it sounds strange to you

You are a team of three tech and finance experts who work with listed Fortune 500 companies, in the development of digital, mobile and Blockchain applications. Since the Futereum’s smart contract source code is published however, we don’t see any reason to make ourselves public figures right away. When to wait for the removal of masks and announcements of publicity?

FUTEREUM? it reminds me of Ethereum. 
I see it looks like this coin has great potential in the future. then where can I get this coin? is this coin already listed on the exchange and can be traded?

If you want catch up with the latest news about Futereum this week all in one short post: https://medium.com/@futereum/futereum-in-the-news-with-launch-of-ether-eth-derivative-futr-84556ee097a2

Token Validity can be confirmed by checking the Contract Address on EtherDelta to Etherscan: https://etherscan.io/token/0xc83355ef25a104938275b46cffd94bf9917d0691 click the link "Make sure Futereum Tok is the token you actually want to trade. Multiple tokens can share the same name." and it will launch to Etherscan.   Check the Futereum website and you will see the same Contract Address: https://futereum.org/

There are almost 100 members in the FutereumCommunity Chat and I'm in the chat room if you have questions.

Perhaps one of FUTR's most interesting utilities is as a pairing currency to trade against NEO, XRP etc.: https://www.reddit.com/r/Futereum/comments/7rggyg/the_power_of_futr_as_a_trading_pair_illustrated/

Quite simply it allows you to go long/short and to leverage and protect downside as a result of the dual algo!

In that event, the swap is opened up anyway at the end of month 37. No matter what, you get to exchange your FUTR back for ETH. That's the deal.

In this sense, it is possible to see FUTR from a very interesting risk standpoint: on the one hand, you get a new (diversified) token holding in Ether, while on the other hand, you get Ether minus fees, which means your MAXIMUM downside ALL BEING EVEN otherwise with no Ether price movement at all in 3 years is ... 15%. Your maximum upside? Well, for one, there is no maximum upside, but further consider even if you do switch back for the Ether without all the levels being filled, Ether will likely go up many, many times in 3 years. (This would create massive value for FUTR however and hence there would be lots of mining of FUTR so unlikely the levels do not fill up if this is the case.) Well, in the event it goes up a lot, would you really, honestly hold out with Ether for the FULL price rise? Not many of us would. We love to think that we would hold out for a 33,000% gain, but very few of us have that level of risk tolerance in reality. Therefore, one other more "human" sort of benefit of FUTR is that it can be used as a mechanism in which self-discipline is exercised with respect to saving Ether.

We did not think of this ourselves, but rather a couple of FUTR buyers have been telling us this was a big reason for them to jump on board so thought we would share 

>If the 10th level isn't filled by the 13th month deadline then the deadline will be pushed back to 36 months

And what happens when the 10 levels can't be filled even after 36 months?

Do not pay attention to the manually loaded tokens to the etherdelta, wait for official announcement. On the other hand, project have really creative name 

Buying this would be useless though wouldn't it?

Hopefully we have achieved the right balance - that's the goal! The main point of the market is Although we are not against anyone who uses FUTR in this way, and I am sure that many institutional investors will definitely use it in this kind of game