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Topic: [ANN] Prometheus59 - a decentralized global blockchain-based supercomputer - page 5. (Read 3449 times)

newbie
Activity: 70
Merit: 0
Actually I'm just answering all comments or requests and keep users up to date. I understand your possible disappointment of any project given the current market conditions, but as you see, the team has just increased the level of transparency by stating all addresses where the team coins are. So you can go and check yourself. And of course stay tuned for upcoming budgeting for Q2 2019!
newbie
Activity: 19
Merit: 12
old KREITA coin SCAMMERS here
newbie
Activity: 19
Merit: 12
many of the accounts who reply on this thread are scammers, most of them are used just by one person. SCAMMER COIN !!!
newbie
Activity: 70
Merit: 0
The transparency is the rightest way to get the community respect. The last announcement is a significant step ahead and appreciated by the investors a lot!

Thank you for your support! Stay tuned for more news: a plan for using funds in Q2 2019 will be published soon.
newbie
Activity: 23
Merit: 0
The transparency is the rightest way to get the community respect. The last announcement is a significant step ahead and appreciated by the investors a lot!
jr. member
Activity: 65
Merit: 1
The Policy of Full Transparency: Team Wallets to Fund Development, Marketing, and Personnel

Transparency of business is an incredibly important and powerful criterion that confirms its maturity and reliability, as well as determines the level of trust in it. Following the policy of maximum transparency, the team provides 3 wallet addresses where all team coins are stored and which will later be used to fund the development, marketing, and personnel.

1)  Development wallet: Pe5fH1fpvGksHSZMrkpCGQ271UFUUABKgT – 40% of all team's funds.
2)  Marketing wallet: PcnV21Ltt7EJdTDvaT1zbbnxC18GWsDdyS – 50% of all team's funds.
3)  Personnel wallet: PfMoziF1DTaBgT19yN873RT75XbfhrDHwm - 10% of all team's funds (these funds will be used to remunerate the team up to block 177121)

Each transfer or sale of coins from these wallets will be accompanied with reporting in our P59 special discord channels: https://discordapp.com/invite/Ac8cHV5
This will allow you to see how funds are spent and make suggestions if you have something.

Reporting on the Use of Funds from the Team Wallets

Each transfer or sale of coins from the team wallets will be accompanied by an announcement in the appropriate channel in the P59 discord: #development-wallet, #marketing-wallet, #personnel-wallet. The announcement will include:

1) Transfer or sale purpose.
2) Amount of transferred or sold funds.
3) Date.

Detailed reporting will increase the level of trust and attract new audiences.

Stay tuned for more news!  A plan for using funds in Q2 2019 will be published within 48 hours.

That is very good. Transparency will bring more confidence, especially aligned with a good price. I wish the price were higher, but it is what it is. Keep going from this point! There's plenty of cheap coins to buy for interested people, so investing opportunities is open anyway for those interested.
newbie
Activity: 14
Merit: 0
Can the instructions of using ipv6 for setting up the P59 masternode can be provided, as I know there are some special details has to be changed to use ipv6 instead ipv4, isn't it?
newbie
Activity: 70
Merit: 0
The Policy of Full Transparency: Team Wallets to Fund Development, Marketing, and Personnel

Transparency of business is an incredibly important and powerful criterion that confirms its maturity and reliability, as well as determines the level of trust in it. Following the policy of maximum transparency, the team provides 3 wallet addresses where all team coins are stored and which will later be used to fund the development, marketing, and personnel.

1)  Development wallet: Pe5fH1fpvGksHSZMrkpCGQ271UFUUABKgT – 40% of all team's funds.
2)  Marketing wallet: PcnV21Ltt7EJdTDvaT1zbbnxC18GWsDdyS – 50% of all team's funds.
3)  Personnel wallet: PfMoziF1DTaBgT19yN873RT75XbfhrDHwm - 10% of all team's funds (these funds will be used to remunerate the team up to block 177121)

Each transfer or sale of coins from these wallets will be accompanied with reporting in our P59 special discord channels: https://discordapp.com/invite/Ac8cHV5
This will allow you to see how funds are spent and make suggestions if you have something.

Reporting on the Use of Funds from the Team Wallets

Each transfer or sale of coins from the team wallets will be accompanied by an announcement in the appropriate channel in the P59 discord: #development-wallet, #marketing-wallet, #personnel-wallet. The announcement will include:

1) Transfer or sale purpose.
2) Amount of transferred or sold funds.
3) Date.

Detailed reporting will increase the level of trust and attract new audiences.

Stay tuned for more news!  A plan for using funds in Q2 2019 will be published within 48 hours.
newbie
Activity: 12
Merit: 0
It can be supposed, that some bounties or airdrops will not be extras, as actually there was not a lot campaigns since the beginning. May be some video or chat bounty.
newbie
Activity: 27
Merit: 0
Now, while the price is affordable, you can buy yourself a node, and preferably several, when the price rises then they will be very expensive to buy. But usually people are subject to the opinion of the crowd and lose where you need to buy and get where it's time to sell...

At purchase it is more favorable to put a wall on purchase than to buy at higher price...

There are no reason for the price to rise, there's need to be an active development and real use case to create a market and demand for the coin.

For now its purely speculative coin and majority are still selling their masternode rewards.
It's listed on which exchanges please? It's on Coinmarketcap or not?

P59 is listed on CryptoBridge and as soon as we will fulfill all the conditions, it will be on CMC.
https://wallet.crypto-bridge.org/market/BRIDGE.P59_BRIDGE.BTC
newbie
Activity: 19
Merit: 12
DO YOU REMEMBER OLD KREITA SCAM COIN. THEY ARE BACK IN BUSINESS, AND THEY WONT STOP TO STEAL YOUR MONEY. THEY CREATE SOO MANY SCAM COINS.  THEY DESERVE BE IN JAIL FOREVER !!!
jr. member
Activity: 34
Merit: 2
Now, while the price is affordable, you can buy yourself a node, and preferably several, when the price rises then they will be very expensive to buy. But usually people are subject to the opinion of the crowd and lose where you need to buy and get where it's time to sell...

At purchase it is more favorable to put a wall on purchase than to buy at higher price...

There are no reason for the price to rise, there's need to be an active development and real use case to create a market and demand for the coin.

For now its purely speculative coin and majority are still selling their masternode rewards.
It's listed on which exchanges please? It's on Coinmarketcap or not?
jr. member
Activity: 245
Merit: 1
Thank you for your support! Actually, you can expect growth as a result of successful marketing:).

And it will be very soon Wink
newbie
Activity: 70
Merit: 0
Thank you for your support! Actually, you can expect growth as a result of successful marketing:).
newbie
Activity: 27
Merit: 0
Now, while the price is affordable, you can buy yourself a node, and preferably several, when the price rises then they will be very expensive to buy. But usually people are subject to the opinion of the crowd and lose where you need to buy and get where it's time to sell...

At purchase it is more favorable to put a wall on purchase than to buy at higher price...

There are no reason for the price to rise, there's need to be an active development and real use case to create a market and demand for the coin.

For now its purely speculative coin and majority are still selling their masternode rewards.

We cannot expect significant growth while waiting for developing the product. The road map is available for everyone and investors should understand, that now it's time to support the team and hold.
hero member
Activity: 1316
Merit: 514
Now, while the price is affordable, you can buy yourself a node, and preferably several, when the price rises then they will be very expensive to buy. But usually people are subject to the opinion of the crowd and lose where you need to buy and get where it's time to sell...

At purchase it is more favorable to put a wall on purchase than to buy at higher price...

There are no reason for the price to rise, there's need to be an active development and real use case to create a market and demand for the coin.

For now its purely speculative coin and majority are still selling their masternode rewards.
jr. member
Activity: 245
Merit: 1
Now, while the price is affordable, you can buy yourself a node, and preferably several, when the price rises then they will be very expensive to buy. But usually people are subject to the opinion of the crowd and lose where you need to buy and get where it's time to sell...

At purchase it is more favorable to put a wall on purchase than to buy at higher price...
newbie
Activity: 70
Merit: 0
Consider buy wall bounty for CryptoBridge. That may help to reduce spread and built extra confidence.

Thank you for your suggestion.
newbie
Activity: 45
Merit: 0
Consider buy wall bounty for CryptoBridge. That may help to reduce spread and built extra confidence.
newbie
Activity: 70
Merit: 0
Price stability for a few days makes me a little less worried about the possible price action. However, don't you think rewards are maybe too high, as presumable coin holders want to extract fast profits from thier masternodes?

Rewards are not too high. From block 72001, block rewards will start reducing, from 2 P59 coins to 0.59 coins at block 177212 and further. Block rewards will eventually become lower, which will reduce supply.

Yes rewards will become lower with time, but you could accelerate it by blockchain update, so less coin will appear on exchange and price goes higher.

Updating would be a bad idea for several reasons:

1) updates disturb users, as not everyone is prepared and technically aware of all nuances and actions that an update may require;
2) P59 chain is already at block 58770, so not too much time left until rewards start to decrease;
3) as more masternodes go live, rewards also reduce (due to the reward time reduction).

Anyway I'm glad to receive your feedback.
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