Topic: 🔥 [ANN] Minter. The Internet of Money - page 9. (Read 6251 times)

You have given very well explained, but one thing I want to clear because we might see the transparency of the coin because who is buying and who is selling we don't know. If we place at the higher value how long it is going to we don't know how the orders will be executed.

I will help answer here,

If you post 4 per day it will count all
If you have more than 5/6 posts, 4 posts will be counted
If you post 3 per day, the count is 3.
If you do not meet 15 post constructive requirements in a week it will not be counted.

Minter USA Roadmap Preview

TL;DR BIP will be listed after SEC’s approval; we’re working to get one.

What’s up, everyone? Below is a short summary of our upcoming U.S. expansion:
 • MDF will be responsible for promoting projects in the U.S. The project teams qualifying for the MDF support will enter into multilateral agreements with MDF;
 • The best projects will undergo due diligence conducted by our legal team to obtain a special status;
 • MDF is also preparing for BIP to be adopted by U.S. exchanges;
 • During the preparation of BIP listing, no steps will be made towards increasing trading volumes and activity. All relevant developments—such as MBank and payment processing for the projects—will be conducted in the E.U.;
 • The development and maintenance of the blockchain core will be performed by Grom, a U.S. organization led by Mr. Daniil Lashin;
 • We are mounting the most serious efforts to approach the SEC with our project.

Now, more details:
The full version of our U.S. roadmap is still in progress, getting reviewed by our legal team. But we can already share the main points:
 • As part of the Minter Development Foundation activity, a master agreement is being drafted for all parties in the Minter network that will be entered into by everyone who
a. is willing to get support with creating and promoting their project in the U.S.,
b. is ready to follow specific rules and take specific responsibilities. There will be three categories of participants to the agreement: developers, liquidity providers, and users. This approach highlights those who are ready for transparent cooperation in the legal field. We assume that it is these projects that will be the first to gain most popularity within the Minter network.
 • After being carefully analyzed from a legal perspective, the best projects will be awarded substantial marketing support from MDF amounting to hundreds of thousands of U.S. dollars. We kindly remind you that MDF itself abides by all relevant U.S. cryptocurrency regulations and hence has been allowed to open accounts on U.S. exchanges and in U.S. banks. The organization has also already made several successful conversion operations.
 • Development of the blockchain core will be led by a new U.S.-based entity called Grom, with Mr. Daniil Lashin appointed as its head. Grom will focus exclusively on issues directly related to the blockchain, associated services, and integrations with other systems.
 • Development of trading and payment processing tools will stay within the E.U., where Minter has been granted all necessary licenses & permits or where there is a lack of a corresponding regulatory framework. Products such as MBank will not be released until all final permissions from regulators have been obtained.
 • MDF is engaged in listing BIP on cryptocurrency exchanges. At the moment, the priority is given to the U.S. institutions.
 • We are not yet ready to reveal our plan regarding communication with the SEC, but please note that up until that moment, we will make no steps towards increasing BIP trading volumes and general trading activity. The popularization of the projects will be our primary objective.
 • At MDF, Mr. Eugene Gordeev will continue his research on the concept of the Internet of Money and achievement of economic equality.

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It looks like your question was not raised here because this is not a bounty thread but you should join the bounty telegram group of this project to find out more clearly or make this post in the bounty thread.

admin, I beg for the instructions, because I'm still a beginner to follow the contents of this signature, so I need instructions from the admin or friends who already understand the signature.
in Minter bounty rules, a maximum of 4 posts per day, what if I do not reach 4 posts per day whether it still counts and what if in a week the number of posts does not reach 15 constructive posts on the forum a week, whether it still counts.  

It's very helpful if the team provides this information for now and for the prize hunters who want this project. I see this project being discussed by many people in this forum.

Remind u folks Minter started a bounty campaign and u can participate if u Jr. Member or above.
The bounty campaign will last 6 weeks, start on September 2, 2019 and end on October 14, 2019.

All rules: https://bitcointalksearch.org/topic/bounty-signature-minter-signature-campaign-50-000-worth-completed-5181035

Why did MBank introduce the 100,000 BIP limit and price corridor?

1. We support the development of all Liquidity Providers, and in order to not steal all attention from them, we limited the minimum sell order volume to 100,000 BIP. At the same time, custom coins have no limitations. MBank’s main goal is to become a guarantor specifically for project sales and not to control the market in general. This decision has led to substantial volume growth for all players, the information they share with us regularly.
2. The price corridor is part of testing price voting. In this version, participants vote with their own funds, meaning the process is not hypothetical but is backed by real orders.

Please note that the primary vector of MBank is to implement several user-friendly features: with no fees, limits, or a price higher than the indicative one. And many others.

Some people may not like such constraints, but that is the reason we have decentralization here—one can always buy or sell coins at Monster or BIP Banker. Besides, a few major LPs are coming, including those working with fiat currencies.

From our observations, we derived one conclusion: such an approach has caused
a. the rate to stabilize as everyone has a choice among tens of venues,
b. the volumes in USD to increase in comparison with July.
It is that very development targeting a mass audience and not catering to particular investors’ needs.

Don't buy BIPMEX network coin, they all scamers and soon be marked as SCAM. Use the scoring bot before making a purchase.

About contest:

Contest has ended. All referrals will be checked during September. Wait for announcement at @MinterTeam.

If you can’t find yourself at spreadsheet:

1) you use weak computer that can’t read 300k lines of text
2) you unsubscribed from channels or restarted bot
3) you have lots of suspicious referrals, you will be checked again

Spreadsheet of participants:

https://docs.google.com/spreadsheets/d/1Ia1yTDLb0FCVfizzVmctSX68dKx1qMChut1FAWR2FHo/edit#gid=918992803

Or check here: @minterpolbot

Attention: don’t spam and send your wallet or you will be blocked.

I think that on any blockchain someone can issue a scam coin. And the investor should always analyze the project and the team that issued the coin.

However, the good news is that Minter really made a decision that would help mark fraudulent addresses on the network. Here's how it will work:


Source: https://t.me/MinterTeam/152

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Initial Minter Offering

Many of us have felt FOMO, or “fear of missing out,” after the launch of a new coin. Sometimes, what a new asset brings is not positive emotions but rather a disappointment: whales stock up while speculators dump in their pursuit of quick money.

Organized by validators—the acknowledged pillars of our community—IMOs will solve a problem for all of those people who would like to take part in the start of a new project in a quick and safe way.

IMOs will have three stages:
1. A project releases the documentation and reveals all details;
2. A validator publishes terms of participation and the address to which prospective users of the project will send their coins. Fundraising begins;
3. A validator issues a coin, later distributing it among all participants—including founders. Next step: trades are executed as usual, through the simple conversion via Wallet.

Validators can also act as a trusted third party, i.e., hold the founders’ coins until the latter have fulfilled some specific terms of participation.

In the first-ever IMO, the CAT validator (supported by Minter One) plans to launch its own coin under the ticker symbol CAT. Announcements will follow in the coming days.

If projects such as TIME and ZERO were to lead their own IMOs, more users would gain access to the coins on favorable terms. Besides, the scam issue is also almost resolved as validators would never risk their reputation.

By the way, CAT will be the first validator to operate in both Minter and Telegram Open Network.

If there is collateral in creating the custom coin but the creation of coin is an easy peasy task, would the possibility of turning it out as crap coin would be low or the same?
Or there is really no guarantee in this crypto business regarding the outcome of the projects because it depends on the team working behind it?
Would this platform help minimize or lessen at least those scammy projects to proliferate in this business?

I know at least two independent projects in Minter, which promise to launch soon exchanges with a standard interface, where the history of transactions will be visible (as expected). I won’t talk about them yet, because there were no official announcements.

As for other exchangers, here is a more complete list:

Official exchanger Mbank: https://bip.dev/

Independent exchanges:
• https://monsternode.net/wallet/?exchange
• https://exchange.pro-blockchain.biz/
• https://bipstore.ru/?language_id=2
• https://t.me/BIP_Banker_bot

OTCs:
• https://t.me/LocalMinter
• https://t.me/local_minter


Well, I can only guess about the reasons for this. Try writing a chat admin, please.

You gave few examples for markets where to trade BIP , bit there is very little transparency with them. In regular exchange one can see buy and sell orders and executed trades, in this case there is not such option.

And what the hell is going on with their telegrams, no english chat and russian one automatically banned me from writing as soon as I joined.

There are about a dozen exchangers inside the Minter network (firstly, this is the official exchanger Mbank) and an OTC market where you can exchange BIP for bitcoin, ether and fiat currencies now. Yes, it works now.

Why is it necessary for a BIP to be listed on certain exchanges if it is bought and sold quickly and without problems?

Mainnet is already operational. Minter have operational wallet for Andriod, don't know about iOS. Next step is developing and supporting of projects based on Minter blockchain, that will use their own coins. They are already appearing.

I have seen occasionally in the community that there is a BIP token container for anyone who wants to sell it, maybe after mainnet is finished there is an open market.

So where can people trade this coin in the market, then how will you distribute the coins to the bounty people. If the coin is not tradeable then what is the use of BIP coin? How did you develop the project without any money raised through crowd sales?

So, When mainnet already for people mean IEO and ICO will happen next?
What plan next continue make aplication for android or ios? some of web wallet aplication?

What kind of fraud can we talk about?The project is already working and is developing well for several months.The team does not hide their faces and there is an interview on YouTube.

BIP is not present on CMC or Coingecko.

Please ask chat admins about this.

I added a link to Linkedin with the team into the startpost.

Minter did not make a ICO/IEO. With high probability this will not happen, because the mainnet is already working.