So. Basically, ~£500 worth of crypto shows up in your account.
You do some digging and find the minerium website that says you can transfer your minerium at lvl 3. But. To get to lvl 3 you need to pay 0.3ETH. Then you get to lvl 3 and find out you cant do anything with the MNE in your wallet, that is just a placeholder showing you what you "could" have if you stay at lvl 3 and self mine for 50 years.
Why does useless MNE (the tokens that you cant do anything with) have a value in the first place? Theyre not tokens, theyre not coins, theyre not actual objects. Theyre projected possible earnings. Theyre a target. Theyre pointless and misleading.
At current mne prices, (assuming self mining of 2 MNE per day) thats 4.5 years (ish) just to make back the 0.3 ETH that you pay to upgrade..
Not entirely convinced this isnt a scam to be honest.
They have a value of $0.00, not $500.
MNE (Minerieum 1.0) is a completely separate ETH token that is traded on livecoin, if you had received 32,000 MNE in your account you would be able to send those tokens to the livecoin exchange and sell them.
You received 32,000 MNEv2 (Minerieum 2.0) tokens, which cannot be sent to livecoin and sold because it is not the same thing as MNE, despite what anyone in this thread might claim.
Since you cannot transfer MNEv2 to any exchange and sell it, it has a value of $0.00 and should be claimed as such.
MNE Contract:
https://etherscan.io/token/0x1a95b271b0535d15fa49932daba31ba612b52946MNEv2 Contract:
https://etherscan.io/token/0xc92e74b131D7b1D46E60e07F3FaE5d8877Dd03F0NOT the same thing.
Livecoin exchange is already active on the mne v2 smart contract since 2 days, also etherscan is update.
Everything what you said is wrong based on this ;-)
Livecoin news announcement:
https://www.livecoin.net/m/en/news/view/473New MNE v2 address:
https://etherscan.io/token/0xc92e74b131D7b1D46E60e07F3FaE5d8877Dd03F0Okay fine, I was wrong about livecoin being on a different contract. But I'm still right about you not being able to transfer the 32,000 MNE to livecoin. This shit is a scam if I ever saw one, devs airdrop $500 worth of shittoken to people that didn't ask for it, in turn creating a tax liability with the IRS for those people... but they aren't able to access that $500 without paying devs $50 and waiting 50 years for that $500 to be mined. Kindly go fuck yourself, I'm not sending you anything.
You are missing the point, no one forces you to upgrade anything, that is optional and you can set your address for sale for free.
Read this message that is in the telegram group pinned message:
👉 If you have a Genesis Address with 32,000 MNE you have 4 options:
1. Set Your Address For Sale:
https://www.minereum.com/howto#setforsale2. Upgrade to Level 2 (mining starts):
https://www.minereum.com/howto#upgrade3. Upgrade to Level 3 (mining starts & transfers allowed):
https://www.minereum.com/howto#upgrade4. Do nothing (your coins won't be mined, nothing will happen)
No, you're missing the point.
I don't want to sell my fucking address, it is my main ether wallet and it is a ledger.
I don't want to "upgrade" and spend ETH to mine something over the next 50 fucking years where its highly improbable that I would ever even recover my losses.
What you're failing to understand is that if the IRS audits me, this stupid fucking airdrop is going to cause me problems because they are going to want a list of all my wallet addresses and all they are going to see is "Well the explorer says you have 32000 MNE and thats worth X amount of money... You need to pay taxes on it! ... at which point I will have to spend MY OWN MONEY to hire someone to argue with the IRS over it.
Every scenario and everything to do with this shitcoin scam will do nothing but COST ME TIME AND MONEY despite the reality of I didn't want this fucking airdrop to begin with.
Hi, I am not an official developer on this project but I'm just answering based on my understanding of what I have read.
I know it sounds very misleading but when you set a genesis address for sale and someone buys it, what actually happens is that the MNE mining "capability" is transferred from your wallet address to the buyer's wallet address. You will not lose your current wallet address.
The buyer's wallet address will become a genesis address and your wallet address will no longer contain an entry for 32,000 MNE
I hope your wallet address is entirely your own. If it is on an exchange, then that might be a problem and you might be stuck with the genesis capability. If your wallet is on an exchange, then it might be best to get an answer from the official minereum developer.
You say you didn't want this airdrop, so it is surprising how your wallet address became a genesis address without your knowledge! I was under the impression the only way to turn an address into a genesis address was by manually submitting a wallet address into the claim form. Maybe random airdrops were done at some point, but I'm not entirely sure.
Anyway, good luck! I hope you manage to get rid of your L1 genesis "capability".