Ionomy makes coins from staking your invested coin and from coins made from masternodes to cover the staker if it is boosting with Electrons... The rate you receive is variable depending on the current ION block reward rate... Using a Ionomy staker requires no additional resources from the investor and locks the rate of daily earning for 90 days... Your investment coin is returned to the investor at completion of the staking contract..
I knew we could get to the bottom of is sharkie. thank you for admitting that the team stakes those coins in a masternode, pays out less than is actually staked, and keeps the rest as free coins that they did absolutely nothing to earn.
Disclaimer: The real process describe in above paragraph
does not support the Suchmoon, CryptoBuds or Phildo to the free moon theory...
Don't know or care what that theory is.
Do know that
the team gets free Ionomy earns coins via the Ionomy staker program.
to stake the investment coin and guarantee a daily payout without the investor using their own computer resources with a required 24/7 internet connection...
They earn nothing. They make free coins from investor coins.
What you are not saying is, ION coins are earned from staking (mined) via Masternodes, Community Nodes, Ionomy stakers, ION Lottery/Gifts, Bounties or Wallet staked. IONs can also be purchased from the exchanges or private sales. There is no free coins after ICO...
and you have no proof where the earned coins are going!!! Let's call your theory Suchmoon to the free moon tactics...
The Ionomy team earns coins for providing an Ionomy 24/7 staking service. The investor does not have to use a Ionomy staking service to earn coins. Currently investing in a masternode pays the best return of income..
So they turn the masternodes on and off as needed? If not, what do they do with all the coins the MNs shit out while people don't electrify their stakers?
Correct, the MN usage is balanced to the need of the the electrified staker load...
Well,
until the publicly post their MN count and associated addresses, your statement is pure speculation. They could merely be saying that's how it works.
Regardless, thanks for the response.
I aggree, CryptoBuds. I also want to point out that one of the main problems with ION is the fact that atoms and electrons are tokens that do not exist on the ION blockchain.
So even if Ionomy would publish the addresses of the so called "masternodes" and we could see their activity on the blockchain, I guess
we'd still have no way to see whether they're electrified or not, because that information just does not exist on the blockchain. Right?
It is known that there will only be 100K of Atoms available from Ionomy (Fixed amount). But the amount of Electrons an Atom produces is variable (currently .1 Electron a day), the rate of the staker being electrified is variable (15% to 70%) and with the games coming online it is variable on whether the Electrons are being used in the games or to boost an Ionomy staker.
This information is company private to the Ionomy business...
You also have to figure in the block reward changes with time and the total number of masternodes that are currently running in the ION system which makes the rate of earning from a MN variable..
As stated above, the masternode information is company private to the Ionomy business and would be changing quite frequently.. None of the other 170 mastenode owners are required to register or declare how many masternodes they own... Masternode information is already publicly available from any ION wallet
@cyberBuds How often do you want Ionomy to publish/report their masternode count & addresses?
. They should also prove they only produced the required coins and didn't pocket the extra to dump on the market.
A live screen would be fantastic.
I'm laughing at your request for a screen shot of thousand of accounts on a daily basis... the joke is YOU!!!
I'm laughing at your believing that the Ionomy is a non-profit business and what percentage should the company profit to pay for the resources it uses to provide Ionomy services to it's customers...
I'm laughing that you think Ionomy is going to dump... side question? Do you thing the definition of "dump" is someone sells a few coins?
What do you plan to do with 5,000 screen shots on a daily basis? It's quite ovious that you do not understand how a business runs... A sane investor would be looking at the quartly/yearly business report on how the company made or loss profit...
and thanks I enjoyed another good laugh while drinking my coffee and typing this post
@CryptoBuds by any chance do you give investment advice for the stock market in the real world? lol lol lol
So the team is incapable of producing a dashboard that shows which masternodes of theirs are on and how many coins they produced. I'm fine with them taking a cut, but they should be up front about it and state their cut percentage. There is this thing called a blockchain, remember? It's meant to be trustless as everything is visible on it.
You gotta remember sharkie, not everyone is pretend buddy buddy with the team like you. You may trust them complicity but an outside investor that knows nothing about the team will want more transparency than, like he kind you are laughing about.
Sharkie, you're a complete joke. The fact that you laugh about this is pathetic. What's this 5000 screen shots a day bullshit? So the team has 5000 masternodes? That is what I gather from your ridiculous ranting.
