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Topic: [ANN] Metronome, an autonomous cryptocurrency with predictable supply - page 16. (Read 30103 times)

sr. member
Activity: 826
Merit: 284
copper member
Activity: 448
Merit: 14
Very interesting idea. This is something new. Can I somehow help to promote your project?
newbie
Activity: 34
Merit: 0
Good questions. Another good one is why the silly reverse auction. Anyway not for me because related to your questions I don't see a purpose for this token. It will end up just another erc20 token that made the devs rich
full member
Activity: 494
Merit: 120
In BTC we trust!
Hello

1. From user manual I did not understand how new blocks will appear, how transactions will be verified in one chain? There were some words about POS+POW hybrid system, but nothing more about mining.
2. One more thing, how decisions about development will be made after net launch? Just forum wars and conferences? Or some kind of DAO is envisaged?
3. How will be chosen who validate and provide exporting tokens (cross chain)?
4. How will correlate changes in balances on different blockchains if speed depends on network characteristics as it is said?

I'm very interested in these questions. Your ICO is really non-standard and it's not bad, but people want to know some technical details, but you did not share your white paper(

Thank you
newbie
Activity: 24
Merit: 0
Be careful. People have already got confused and spent loads of ETH and not realised they would only get a few of these tokens at the current pricing!

Please be careful.
Well, I would not call not even 90 Eth "a lot". But I get your point.

I should have been a littler clearer, I meant individual purchases made so far and when they were made, rather than running total. Saw on their reddit someone sent 10 ETH just after this opened and they didn't understand they would only get 5 MET at that time, they're suffering big time. And looking at etherscan someone else sent 21 ETH, and there a few 5 and 7 ETH purchases. These account for most of the ETH they've received so far and I'm fairly sure that these buyers didn't realise the way this silly descending auction worked ie how little MET they would receive at that time.

I know buyer beware, do your research etc, but this ICO is particularly obtuse for those that don't.
legendary
Activity: 804
Merit: 1002
Be careful. People have already got confused and spent loads of ETH and not realised they would only get a few of these tokens at the current pricing!

Please be careful.
Well, I would not call not even 90 Eth "a lot". But I get your point.
newbie
Activity: 24
Merit: 0
Be careful. People have already got confused and spent loads of ETH and not realised they would only get a few of these tokens at the current pricing!

Please be careful.
full member
Activity: 420
Merit: 117
Metronome (MTNToken) auction starts in 3 hrs. This sale isn't for newbies. Please be aware that $MET price will decrease every minute & will be fixed at the purchase time. Must read: https://medium.com/@MetronomeToken/1-day-until-metronomes-launch-25cd1194768c
legendary
Activity: 1596
Merit: 1099
So they will have an auction without hardcap? It shows how developers greedy and unproffesional. They must have hardcap with detailed business plan as any other ICO.

Hard cap:   The auction has a hard cap.  The auction starts at the hard cap and counts down.  8M MET * 2 ETH price is maximum.

The roadmap is on the website.  This is one of the more professional projects in the space.

It is different from all other ICOs, so it takes some time to understand.



full member
Activity: 350
Merit: 100
The Future Of Work
How to Purchase Metronome from the Auction Board https://medium.com/@MetronomeToken/how-to-purchase-metronome-from-the-auction-board-ed36672f8ff2

I plan to participate on the 8th day of the auction.
hero member
Activity: 1610
Merit: 508
So they will have an auction without hardcap? It shows how developers greedy and unproffesional. They must have hardcap with detailed business plan as any other ICO.
newbie
Activity: 258
Merit: 0
When portal? Waiting to be able to see the Auction graph, contributed amount, etc. Thanks!

The auction dashboard will begin to show live auction information once the auction goes live at Midnight UTC on June 18.

Thanks!
newbie
Activity: 42
Merit: 0
when lambo?  Never, with this one
When portal? Waiting to be able to see the Auction graph, contributed amount, etc. Thanks!
whem lambo?  never with this one
legendary
Activity: 1680
Merit: 2212
When portal? Waiting to be able to see the Auction graph, contributed amount, etc. Thanks!
newbie
Activity: 258
Merit: 0
Hi, there is technical documentation, maybe I missed where I can see the exact characteristics of your platform, its functions, is it a finished product?


Hi,

Yes, all of the code has been open sourced actually, I'll provide you the link: https://github.com/autonomoussoftware

Also yes, Metronome is launching as a functioning cryptocurrency.

Thanks!
member
Activity: 225
Merit: 10
Hi, there is technical documentation, maybe I missed where I can see the exact characteristics of your platform, its functions, is it a finished product?
newbie
Activity: 34
Merit: 0
Point worth noting about this reverse auction - nothing at all to stop the developers periodically buying themselves at high prices throughout the auction to try and get FOMO going and make people buy in before they should (and these are overpriced for 99% of the auction time at least).

Be careful, even if you see large decreases in the amount available - it may well not be what it seems. Keep your own price in mind ie for me that would be literally the last half hour of the final day, if I even wanted this erc20 token, which I don't. If you see them being bought before then they are either being bought at too high a price or it's internal buying.

Just more reasons why this kind of auction is a ridiculous way to conduct an ICO, and why no other major crypto hasn't countenanced it.
newbie
Activity: 258
Merit: 0
Comprehensive guides on how to participate in #Metronome's Initial Supply Auction via the Auction Board and the Metronome Wallet are now available.

From the the Metronome Wallet: https://medium.com/@MetronomeToken/how-to-purchase-metronome-from-the-metronome-wallet-51457f22239e

From the Auction Board: https://medium.com/@MetronomeToken/how-to-purchase-metronome-from-the-auction-board-ed36672f8ff2
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