Topic: [ANN] MonetaryUnit [MUE] - POS. MasterNodes. Funding. Governance. Services. Devs - page 181. (Read 450714 times)

HAPPY 1st BIRTHDAY

MonetaryUnit was set up to offer an alternative to the seemingly endless release of scammy over hyped altcoins flooding the market.
The release, 26th July 2014, was done in a humble, open and transparent way, designed to deter bots and pump and dumpers, and try to attract sincere people interested in a new idea for an altcoin.
With initially very low block rewards, increasing slowly but surely over several months, and with a large pre-mine, all of which was intended to show this project was about long term sustainability.
The pre-mine has been completely and openly distributed, and also partially sold as an ICO to fund MUE projects and the coin is truly "in the wild".

40 coins are generated every 40 seconds on average, creating ~86,400 coins every 24 hours. MonetaryUnit is very much meant to reflect today’s fiat financial system, and in that respect it is never too late to get involved.
Over the next few years inflation will settle to a healthy and sustainable 3-4% per year, which means long term there is only a very humble degradation in value of peoples MUE.
In response to this humble inflation, available now is www.MUEBank.com offering savings accounts with 6.5% APR on their deposited savings.  Whilst some may argue this is against the "decentralised" nature of crypto currencies, we would argue that we value our community and want to offer value added services to them.

We have active technical development lead by @UpgradeAdvice, and have launched our own "in house" android wallet.  We are also actively developing and migrating current systems provided by previous 3rd party providers "in house", such as the multi-OS software wallet, block explorer chain.MUEwallet.com, Paper wallet generator www.MUEaddress.org  and our own co-pay based web wallet www.MUEwallet.com, which includes multisig options amongst others. 
With several payment processors and merchants accepting MonetaryUnit ( http://www.monetaryunit.org/muestuff/merchants-and-retailers/ ), we are building a strong foundation from which to grow this coin into maturity, wider exposure and adoption.

1 year down the road from starting the MUE journey, I am happy with what has been achieved so far, and with this continuing forward momentum I think there will be plenty more to see with increased exposure and adoption, more services and infrastructure and this will be reflected in the long term price.

Thanks to all that are and have been involved and supported this project, and to newcomers, you are always welcome.

Just for transparency, as part of the process of handing over various responsibilities to the MUE team we have set up a project multisig wallet.

This wallet is a 6 party wallet, that requires 3 of the MUE team party to sign before any funds are released.

This wallet was funded by coins I personally bought/mined, and the funds will be used to pay interest payments on www.MUEbank.com deposits and to fund any faucets, giveaways etc

The wallet address can be monitored, if required at
https://chainz.cryptoid.info/mue/address.dws?4yCfyfUDEmqF92pyLvid79p3eHBo4WxUdb.htm

Thanks

This project matters to us, and we'll continue to move it forward in a way that promotes crypto in a positive way.

WOW you keep doing it. Great work.

Payments providers, so many inhouse services.. This project is so far ahead.

Good job community.

And another MUE Scratch Card has been sold. Just in case if you wonder where to get them, take a look here: http://getprypto.com/product/prypto-monetaryunit-sratch-card-2000-mue/

Over 1 Million MUE to be won at these games!

Awesome, this is pretty exciting & thanks for the great work.
I've followed up with an e-mail and tweet to coinomi fingers crossed

MUE News Update

MUE has been added to the BIP44 registry maintained by Satoshi Labs.

I have created 3 Electrum servers for our various uses. I have been working on new wallet options that utilize these services, including:

Coinomi wallet support. Coinomi is a nice light universal wallet for Android. I have made a PR to coinomi and await their comment/merge.
If you would like to test the Coinomi wallet with added MUE support, please feel free to clone our repo and build it, or download and install our unofficial Coinomi-dev apk.

Our electrum servers run on the default ports at:

Run your own Electrum Server: https://github.com/MonetaryUnit/electrum-server

Coming soon:
Electrum Wallet
Encompass Wallet

Try your luck with our crypto casino games

www.MUEcasino.com

Roulette
BlackJack
Dice

This project will be 1 year old on the 26th!

Time flies when you're having fun

https://chainz.cryptoid.info/mue/block.dws?1.htm

Added the info the the official blog page too:
http://www.monetaryunit.org/muestuff/merchants-and-retailers/

Don't forget, you have places you can spend your MUE

https://www.coinpayments.net/store-directory-coin-MUE
http://cryptochips.net/ - awesome high quality poker chips

And we have a total merchant payment gateway now integrated into GoUrl
https://gourl.io/monetaryunit-payment-gateway-api.html

Please approach merchants to integrate their checkout with either www.CoinPayments.net or www.GoUrl.io
We will pay a Bounty for new merchant additions, so please get in touch

Some initial work over the past few days has shown a doubling of the MUE price.
We are working on making it a sustainable way to grow the price, however it is still early stages of testing, so we will continue and see how we get on

We've had a Chinese translation done for our ANN
https://bitcointalksearch.org/topic/ann-monetaryunit-mue-quark-cpu-1126278
Hopefully we are going to get some work done in attracting Chinese miners/investors to MonetaryUnit with the help of @lihuajkl

MUE has 5 decimal places, and BTC has 8 decimal places.
This means, per day, there are over 40 x more units of BTC mined than MUE.
This “rarity” argument is pure marketing talk.

864,000,000 MUE units mined per day.
36,000,000,000 BTC units mined per day.

So spread the word, tell your family and friends, post in forums, tweet, mine and buy MUE.
This is a long term project so please don't invest for short term gain.

The price kept falling to 30

Did you realise that MonetaryUnit is more scarce and rare than Bitcoin?!
I've done a blog post highlighting the numbers behind that statement
http://www.monetaryunit.org/muestuff/monetaryunit-is-rarer-and-more-scarce-than-bitcoin-the-bitcoin-truth-they-dont-want-you-to-know/

Thanks for the clarification, I was paraphrasing.

We (the crypto community at large) really appreciate you doing that and wish you every success in any future endeavours