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Topic: [ANN] Metronome, an autonomous cryptocurrency with predictable supply - page 21. (Read 30116 times)

sr. member
Activity: 560
Merit: 257
Jeff, why not enough bitcoin? After all, there already has everything you need. Why do not you concentrate on the real problems of bitcoin (ecosystem, mass adoption) and other large crypto-currencies. Altcoins no need anymore.
member
Activity: 222
Merit: 10
 Tell me how will users be able to earn using your tokens? Good luck to the whole team!
newbie
Activity: 258
Merit: 0
Thank you. it will be a different and beautiful ico. the team follows a variety of strategies. it's a project to make a lot of names.
Metronome's scheduling real life according to the code. Smiley

Happy to hear you're excited and interested! We'll keep the community up to date as we continue to pressure test and ensure the quality of Metronome's code.

legendary
Activity: 1148
Merit: 1000
Thank you. it will be a different and beautiful ico. the team follows a variety of strategies. it's a project to make a lot of names.
Metronome's scheduling real life according to the code. Smiley
jr. member
Activity: 77
Merit: 1
I didn't find the date of the ICO implementation, the sale was postponed? When about to expect an auction?

Quote
As of today, to ensure that Metronome is the best its authors can make it for launch, the guidance for the Metronome launch is May – the team has made tremendous progress to date and now have a better line of sight towards the finish line. The team wanted to provide an update on the progress they have made as they finalize the auditing and testing process and get it ready for launch.

From the email they sent out about an hour ago.

I think it will be useful to many to familiarize:
https://medium.com/@MetronomeToken/launch-timeline-adjusted-new-target-of-may-9da56b86c7e3
newbie
Activity: 258
Merit: 0
I didn't find the date of the ICO implementation, the sale was postponed? When about to expect an auction?

Quote
As of today, to ensure that Metronome is the best its authors can make it for launch, the guidance for the Metronome launch is May – the team has made tremendous progress to date and now have a better line of sight towards the finish line. The team wanted to provide an update on the progress they have made as they finalize the auditing and testing process and get it ready for launch.

From the email they sent out about an hour ago.

Thanks for sharing this!
newbie
Activity: 258
Merit: 0
I didn't find the date of the ICO implementation, the sale was postponed? When about to expect an auction?

Hello,

Target is for May, 2018. We will announce a 10 day countdown prior to the confirmed date.

Thanks!
newbie
Activity: 258
Merit: 0
New self-governance token? Lol.
 But i can use Decred for voting and staking, why I need to use your Token? Can someone explain what the difference between DCR and MTN?

Hello,

So the team actually put out a really helpful Medium post that covers this. I'll link it for you here: https://medium.com/@MetronomeToken/self-governance-as-a-design-goal-fc06afd61dd5

Thanks!
newbie
Activity: 258
Merit: 0
which is the official metronome site because there are many scams and I want to know where they pay the token

Hello,

The only official Metronome website is metronome.io

Thanks!
member
Activity: 196
Merit: 25
New self-governance token? Lol.
 But i can use Decred for voting and staking, why I need to use your Token? Can someone explain what the difference between DCR and MTN?
newbie
Activity: 49
Merit: 0
I didn't find the date of the ICO implementation, the sale was postponed? When about to expect an auction?

Quote
As of today, to ensure that Metronome is the best its authors can make it for launch, the guidance for the Metronome launch is May – the team has made tremendous progress to date and now have a better line of sight towards the finish line. The team wanted to provide an update on the progress they have made as they finalize the auditing and testing process and get it ready for launch.

From the email they sent out about an hour ago.
sr. member
Activity: 420
Merit: 250
I didn't find the date of the ICO implementation, the sale was postponed? When about to expect an auction?
sr. member
Activity: 460
Merit: 250
which is the official metronome site because there are many scams and I want to know where they pay the token
newbie
Activity: 258
Merit: 0
If I understand correctly, who will participate last in the auction that will buy the cheapest coin, everyone will wait for the end.

Hello,

Correct, the price descends with time. This allows purchasers to purchase at the price they deem fair, provided there is supply available at that price.

Thanks!
sr. member
Activity: 420
Merit: 250
If I understand correctly, who will participate last in the auction that will buy the cheapest coin, everyone will wait for the end.
sr. member
Activity: 618
Merit: 274
Jeff Garzik is a scammer. Everybody invested Spacechain knows this.

So Jeff Garzik is a scammer because the Spacechain price went down like everything else? Give your head a shake. Spacechain is a great project.
newbie
Activity: 2
Merit: 0
Jeff Garzik is a scammer. Everybody invested Spacechain knows this.

Hey, it's my first post on this forum. I made this account especially to ask you this question. I was just looking at Spacechain and it looks absolutely amazing. Why are you saying that Garzik scammed this project? Is there something that I don't know about? I will be grateful for the detailed explanation  Smiley
newbie
Activity: 258
Merit: 0
There are creative ideas, but they need to be perfected, as you say there are similar auctions in the Netherlands that can be used for reference. But the real implementation is different, let alone the more complex code world.

Hello,

Happy to hear you like the concepts behind Metronome. Let's see if I can help explain how the auction will work a little better. So this is actually covered in the Owner's Manual, FAQ, and other supporting documentation. Auction mechanics are as follows: No traditional hardcap because of the descending price auction. The Initial supply auction will last up to a week, with 8 million MTN available for purchase. The starting price in the initial supply auction will be (an intentionally  high) 2 ETH per MTN, and it will descend by 0.0001984320568 ETH every 60 seconds toward its (intentionally low) floor price of 0.0000033 ETH, as long as the auction is open and there are still MTN available for purchase.

So market price is discovered via a descending price auction.

Should a purchaser deem a given price too high or unfair, they can wait for the price to descend to a level they agree with and purchase then -- provided there is supply left

You can read more about how descending price auctions (specifically the daily supply lots) work here: https://medium.com/@MetronomeToken/what-is-a-descending-price-auction-8c0770bb6a71

You can check out the quick glance price chart (for the initial supply auction) the team put out here: https://medium.com/@MetronomeToken/metronomes-initial-supply-auction-quick-glance-price-chart-c9132595871e


Thanks!
member
Activity: 92
Merit: 10
There are creative ideas, but they need to be perfected, as you say there are similar auctions in the Netherlands that can be used for reference. But the real implementation is different, let alone the more complex code world.
sr. member
Activity: 533
Merit: 251
Jeff Garzik is a scammer. Everybody invested Spacechain knows this.
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