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Topic: ⚡️⚡️[ANN] ⚡️⚡️ MinedBlock ⚡️⚡️ STO Live NOW⚡️⚡️ Fully Managed Mining Service ⚡️⚡ - page 57. (Read 8718 times)

full member
Activity: 826
Merit: 102
A good percentage of profits made by mining companies comes from BTC rewards for miners. What’s your thoughts on talks about bitcoin rewards halting ?
newbie
Activity: 154
Merit: 0
I’m interested in knowing what cryptocurrency would our revenue be distributed in? Most mining projects make use of ETH for payments and also you’re using Ethereum blockchain, does that mean we can only get paid in ETH?

As far as I know, it's only planned to pay out the profits in ETH. If the community asks for different options, I am sure they will consider it but right now I don't see any reason not to go with ETH. Transactions are fast and cheap and it can easily be converted by each user to any other coin/token on an exchange.

ETH is also relatively popular than most alts, people find it really comfortable getting payment in Eth than in any other currency, a typical behavior I find common around the blockchain this days. The team choice for Eth is cool

We are trying to make the investing process easier as we didn't realize the complexity that most users have with the use of Metamask for purchasing MBTX with POLY, so the decision to expand the payment methods up was adopted
newbie
Activity: 143
Merit: 0
I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.

About kyc , if you think 2$ is much for such prestigious project, stay away.

Prestigious projects never ask 2$ for SWAP-KYC. Nevermind, we will see what happens in the near future. I hope I am wrong and investors will earn some money.
member
Activity: 728
Merit: 11
DocTailor IEO on Zloadr
I’m interested in knowing what cryptocurrency would our revenue be distributed in? Most mining projects make use of ETH for payments and also you’re using Ethereum blockchain, does that mean we can only get paid in ETH?

As far as I know, it's only planned to pay out the profits in ETH. If the community asks for different options, I am sure they will consider it but right now I don't see any reason not to go with ETH. Transactions are fast and cheap and it can easily be converted by each user to any other coin/token on an exchange.

ETH is also relatively popular than most alts, people find it really comfortable getting payment in Eth than in any other currency, a typical behavior I find common around the blockchain this days. The team choice for Eth is cool
newbie
Activity: 154
Merit: 0
I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.


You answered yourself in first line. :-)

If you received your rewards, how come you say scam or so..
About kyc , if you think 2$ is much for such prestigious project, stay away.
Only genuine investors are needed , who won't care for 2$ but kyc.. and not some black money or negative trust people.

When reading this I was wondering if airdrop hunters also get compensated with MBTX tokens if they pay the $2 for the KYC. Or is this just an offer for people who then invest in their STO after completing KYC?

It is common Knowledge that we planned to launch an ICO in November and then changed our strategy and framework to become an STO, before the proposed project launch during the ICO we did run an Airdrop, now we could of apologised endlessly to the Airdrop participants and not reward them however we decided to still honour these participants with the ERC-20 token promised.

As the ERC-20 token will never see an exchange it will not have any monetary value and so therefore we had offered the ICO participants to SWAP their token for our ST-20 token, but they would obviously have to pass KYC.

We have had positive and negative reviews about the $2 charge but you probably have more change rattling around in your pocket? We are compensating applicants with MBTX but everything in our Business model is focused on reducing unnecessary costs to build a sustainable and profitable Mining Farm.

Obviously as we all know it is impossible to please everyone but still we try  Wink
full member
Activity: 686
Merit: 101
I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.


You answered yourself in first line. :-)

If you received your rewards, how come you say scam or so..
About kyc , if you think 2$ is much for such prestigious project, stay away.
Only genuine investors are needed , who won't care for 2$ but kyc.. and not some black money or negative trust people.

When reading this I was wondering if airdrop hunters also get compensated with MBTX tokens if they pay the $2 for the KYC. Or is this just an offer for people who then invest in their STO after completing KYC?
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
https://www.facebook.com/newconomy.media/videos/576506199499974/ This is currently LIVE now but we will publish results on our social channels

Nice information. Just today I read a news about Fidelity being involved in BTC and ETH mining. This will be a big boost for cryptocurrency as this is a good source of institutional investors to come into crypto. This is also huge positive for Minedblock like projects.
copper member
Activity: 425
Merit: 0
I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.


You answered yourself in first line. :-)

If you received your rewards, how come you say scam or so..
About kyc , if you think 2$ is much for such prestigious project, stay away.
Only genuine investors are needed , who won't care for 2$ but kyc.. and not some black money or negative trust people.
newbie
Activity: 154
Merit: 0
full member
Activity: 686
Merit: 101
[...]

The outcome of potentially winning this challenge we will receive:
Blockchain-based “Market Leader’s” certificates,
A chance to meet with the representatives of several major investment funds and
The free listing of the Project’s token on several trusted exchanges

You can find more information here https://newconomy.media/market/how-the-community-will-define-the-leaders-of-new-economy/

That sounds exactly like the opportunity that MinedBlock needs right now. When will the winner of this challenge be announced?
newbie
Activity: 143
Merit: 0
I participated in MinedBlock airdrop-bounty. I have received 900 tokens as a reward. Now at their telegram group, they announced token swap. They ask KYC to receive swapped tokens but to complete KYC I need to pay 2 USD which I have never heard anything like that although I swapped my some other tokens many times. Because of this, I believe that it may be a SCAM project. BE CAREFUL, if you are gonna invest in this project.
newbie
Activity: 154
Merit: 0


As you may or may not be aware, MinedBlock has been competing in the Newconomy TOP 50 Market Challenge sponsored by Neironix, BitcoinOX, Crypterium, Huobi, Kaspersky Labs, Blockglobe, Coinfox, Crosschain and UltraFund VC, during the last 3 days live conferences have been held on Facebook and Twitter, during these Market experts have voted on preference for their leading Projects under 5 categories. AI, VR, Finance, Platform & Mining.

MinedBlock have leading the voting contest all the way through the challenge & have had favourable preferences from the Industry experts. The Latest live conference was an opportunity for our CEO Greg Wales to formally discuss MinedBlock with the Hosts. You can find the footage from this interview here https://youtu.be/nNzwVINPKxs

The outcome of potentially winning this challenge we will receive:
Blockchain-based “Market Leader’s” certificates,
A chance to meet with the representatives of several major investment funds and
The free listing of the Project’s token on several trusted exchanges

You can find more information here https://newconomy.media/market/how-the-community-will-define-the-leaders-of-new-economy/
jr. member
Activity: 364
Merit: 3
We hear your frustrations but unfortunately worldwide adoption seems to follow the same opinion therefore Retail sales are slow.

What we do have is an increasingly growing number of Institutional investors adopting MinedBlock so the project is growing in its attraction so we expect that our blood, sweat and tears are starting to deliver rewards at a rapid rate.

Don't forget that as a Security Token (in a relatively new industry) we are adapting to Worldwide regulations and jumping through hoops to satisfy these Regs as they appear. There are certain "Red Tape" areas of Marketing we have to adhere to which has proven to create obstacles. But strength to strength MinedBlock are overcoming all obstacles placed in front of them and will continue to do so.

This is a true reflection of the dedication of our core team  Wink

It’s good to know your team has things covered. Now investors an put in their funds knowing your team would make sure there’s profits.
full member
Activity: 686
Merit: 101

We hear your frustrations but unfortunately worldwide adoption seems to follow the same opinion therefore Retail sales are slow.

What we do have is an increasingly growing number of Institutional investors adopting MinedBlock so the project is growing in its attraction so we expect that our blood, sweat and tears are starting to deliver rewards at a rapid rate.

Don't forget that as a Security Token (in a relatively new industry) we are adapting to Worldwide regulations and jumping through hoops to satisfy these Regs as they appear. There are certain "Red Tape" areas of Marketing we have to adhere to which has proven to create obstacles. But strength to strength MinedBlock are overcoming all obstacles placed in front of them and will continue to do so.

This is a true reflection of the dedication of our core team  Wink

Institutional investors can be really the key to reaching your financial goals. You should focus on getting some on board. And I mean, as a fully regulated security token offering, you have good arguments on your side.  
newbie
Activity: 154
Merit: 0

You have answered some questions here. But many people are interested in knowing how much you have raised until now including me.

I also asked about amount raised until now. But no answer from the team earlier. Also I could not find this information anywhere. Its disappointing.

When I asked the same in their Telegram chat, one of the admins there said that he cannot disclose the numbers because the team has decided to not publish them. That's something I don't like at all. I wish they'd be more transparent in this matter. Maybe they can rethink their decision if they see that here in the forum and also in their Telegram there is a huge public demand to hear how much they raised already and how close they are to reach the softcap.

Hi, we aren't close to the soft cap yet. Public - retail sales have been very slow so far and amount to in the region of $50k. We have a number of ongoing conversations with private investment which are looking promising but nothing finalised yet.

Our marketing push for the pre-sale has been quite limited and we didn't expect to close out the soft cap during the pre-sale anyway even though it would have been good. Transparency is our main priority with our project so apologies for the delay in sharing this information.

Thanks for responding this query finally. However, 50K $ is too less to be honest. I hope the speed will pick up and reach softcap at the earliest.

We hear your frustrations but unfortunately worldwide adoption seems to follow the same opinion therefore Retail sales are slow.

What we do have is an increasingly growing number of Institutional investors adopting MinedBlock so the project is growing in its attraction so we expect that our blood, sweat and tears are starting to deliver rewards at a rapid rate.

Don't forget that as a Security Token (in a relatively new industry) we are adapting to Worldwide regulations and jumping through hoops to satisfy these Regs as they appear. There are certain "Red Tape" areas of Marketing we have to adhere to which has proven to create obstacles. But strength to strength MinedBlock are overcoming all obstacles placed in front of them and will continue to do so.

This is a true reflection of the dedication of our core team  Wink
full member
Activity: 686
Merit: 101
Thanks for replying on pre-sale/softcap queries.
Just additional question, how is 33% discount going to help investors?
https://twitter.com/Mined_Block/status/1108725349066641409

What do you mean by your question 'how is 33% discount going to help investors'? I mean, it's so obvious, isn't it?! With the 33% bonus, the price per token is $0,10. In the main sale it will be $0,15. So you'll basically get more tokens for your money.

I know that it means its valid only for presale before said time.

What I wanted to ask is , is this enough to help reach soft/hard caps, to make ICO a success, which would result in main sale price $0,15..?

There would be a lot more tokens available. What do you think would happen to unsold tokens at the end of the STO?

I don't understand what you mean but there won't be any unsold tokens. They will only mint the tokens that are sold.
jr. member
Activity: 364
Merit: 3
Analysts say bitcoin to break out to $6k. That’s great news for any projects trying to build funds by public funding. With Minedblock interest being mining tokens like BTC, I’m optimistic that we get to softcap soon.
full member
Activity: 826
Merit: 102
Thanks for replying on pre-sale/softcap queries.
Just additional question, how is 33% discount going to help investors?
https://twitter.com/Mined_Block/status/1108725349066641409

What do you mean by your question 'how is 33% discount going to help investors'? I mean, it's so obvious, isn't it?! With the 33% bonus, the price per token is $0,10. In the main sale it will be $0,15. So you'll basically get more tokens for your money.

I know that it means its valid only for presale before said time.

What I wanted to ask is , is this enough to help reach soft/hard caps, to make ICO a success, which would result in main sale price $0,15..?

There would be a lot more tokens available. What do you think would happen to unsold tokens at the end of the STO?
full member
Activity: 686
Merit: 101
Thanks for replying on pre-sale/softcap queries.
Just additional question, how is 33% discount going to help investors?
https://twitter.com/Mined_Block/status/1108725349066641409

What do you mean by your question 'how is 33% discount going to help investors'? I mean, it's so obvious, isn't it?! With the 33% bonus, the price per token is $0,10. In the main sale it will be $0,15. So you'll basically get more tokens for your money.

I know that it means its valid only for presale before said time.

What I wanted to ask is , is this enough to help reach soft/hard caps, to make ICO a success, which would result in main sale price $0,15..?

Well, the pre-sale will be over very soon - unless it gets extended - which means it looks like this bonus alone wasn't enough to help reach the softcap. I am wondering what the team will change marketing-wise when approaching the main-sale.
copper member
Activity: 425
Merit: 0
Thanks for replying on pre-sale/softcap queries.
Just additional question, how is 33% discount going to help investors?
https://twitter.com/Mined_Block/status/1108725349066641409

What do you mean by your question 'how is 33% discount going to help investors'? I mean, it's so obvious, isn't it?! With the 33% bonus, the price per token is $0,10. In the main sale it will be $0,15. So you'll basically get more tokens for your money.

I know that it means its valid only for presale before said time.

What I wanted to ask is , is this enough to help reach soft/hard caps, to make ICO a success, which would result in main sale price $0,15..?
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