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Topic: [ANN] [RET] ReMoneta - a uniquely stable, reward-based online payment currency - page 60. (Read 12717 times)

newbie
Activity: 91
Merit: 0
Whats the distribution plan for tokens that are sold during sale?We gonna get them immediately,or after whole sale is finished?

i think after the token sale, just like the other projects do
jr. member
Activity: 97
Merit: 1
Cheesy Private sale will be on in few day less day 54 hrs if am correct... looking up for the success

Yes let me put it at 2 days more!! 100usd is the minimum  Cool Cool

Finally some ICO with reasonable minimum,so everyone can join the sale Smiley

The principle is that RET is available to everyone both as a use and as an investment.

You can also be part of the referral program BTCBTC
jr. member
Activity: 97
Merit: 1
Hello everyone!

I'm happy to see his thread has grown a lot in the recent days.


Just wanted to send you a reminder that the private token sale is going live TOMORROW at 10:00AM GMT.


The team will be available on Telegram, so if you have any urgent issues, please contact us there, and we will do our best to help you out. t.me/ReMoneta.

Couple of warnings:

* You can only buy the tokens via our website, so head to ReMoneta.com.
* Do not send ETH directly from any exchanges!
* When on Telegram, make sure you are speaking to admins or the actual team members. We are monitoring the channel pretty closely and so far haven't found any scammers, but as always, please be careful.
* If in doubt about anything, get in touch with the admins via Telegram. We will not offer any free or bonus tokens etc outside of our referral and Proof of Care programs. Anyone offering to do so is not part of our team.
* You can also check our official announcement channel, t.me/ReMonetaChannel as we will be updating that ASAP as well should there be something urgent.


I think it'll be a great day tomorrow! Cool

- Liina

I'll be there  Wink
newbie
Activity: 37
Merit: 0
Cheesy Private sale will be on in few day less day 54 hrs if am correct... looking up for the success

let's hope it will not be a Gas war  Grin Grin

it's the right thing to help the environment. Smiley Smiley Smiley
newbie
Activity: 37
Merit: 0
newbie
Activity: 37
Merit: 0
I had no idea that Simon Cocking is on this project,here is the interesting article with him,and its always interesting to hear what he has to say,since he is most  one of the most influential crypto advisers in the market today.


https://medium.com/remoneta/5-questions-to-simon-cocking-547fa8ea9ed6


I read smth about it, so interesting.

Simon Cocking is among the most enlightening of the currency crypto. Cool Cool
newbie
Activity: 37
Merit: 0

My guess is it will be the number of referral. But this a pretty good question actually. It's not clearly stated in the link in their site.

It is not quite clear - but wouldn't every referal be rewarded even a little bit?

It's 100 tokens per referral

Is there some maximum one can earn trough referral system?

$25K in tokens plus 100tokens for every referral. i would say a lot of money  Grin Grin

In fact there are many, tomorrow is the big day.  Wink Wink
newbie
Activity: 40
Merit: 0
Cheesy Private sale will be on in few day less day 54 hrs if am correct... looking up for the success

let's hope it will not be a Gas war  Grin Grin

what is a Gas war?
I don't know?Huh
newbie
Activity: 40
Merit: 0
Cheesy Private sale will be on in few day less day 54 hrs if am correct... looking up for the success

let's hope it will not be a Gas war  Grin Grin

Lol.. i will try with just 5Gwei first, and if i see any trouble, i'll go for 20Gwei  Grin Grin

I happen to read somewhere the team recommends 31000 Gas. I hope it's enough

I thnk it's ok
newbie
Activity: 185
Merit: 0
You say patent filed, but maybe you can explain what the patent is about? Or at least give a hint?

Sure. The patent is for the network system and how it all works together creating a unique solution. For instance the stability, micropayments, backing, incorporating real world values into the technology, machine modelling and some technical details. As traditionally, we will still be open source for all the community coding, drive and development. The idea behind this is to protect our community from the large banks, corporates and government.

Ok but for now it is still a pending patent if I understood correctly or are you confident it will go through?

My understanding about patents that are pending, it will be approved in due time as long as there's no other existing patent(s) that it's infringing upon. Also, if the patent submission is explained clearly enough for it to make sense, at the very least.

And those are two important issues you raised when it comes to pending vs. approved. Pending doesn't automatically mean it gets approved.

I'm not sure how anyone can think anything else XD Pending means it has to go through other patent claims (if there are any of the same kind) and it has to get checked by the commision. After that, I think there is a small period of time where someone can veto the decision (but I could be wrong) and then it's approved.

Again, if it is pending it is subject to all required investigation, included the fact that no other entity or person filed the same thing.

Is it really possible to research if your patent idea is original enough so you know what your chances are?
newbie
Activity: 40
Merit: 0
Can you explain the concept of community mining and how are users going to be rewarded for real world actions? How is that going to be tracked?

You will have to submit proof of your action. That's how they track it.

Sound a bit similar to bounty programs to me. Difference is your get %bonus tokens rather than a fixed amount like in bounty/airdrop.

I think the bonuses are a little higher

Are good
newbie
Activity: 40
Merit: 0
I had no idea that Simon Cocking is on this project,here is the interesting article with him,and its always interesting to hear what he has to say,since he is most  one of the most influential crypto advisers in the market today.


https://medium.com/remoneta/5-questions-to-simon-cocking-547fa8ea9ed6


I read smth about it, so interesting.
sr. member
Activity: 910
Merit: 253
You say patent filed, but maybe you can explain what the patent is about? Or at least give a hint?

Sure. The patent is for the network system and how it all works together creating a unique solution. For instance the stability, micropayments, backing, incorporating real world values into the technology, machine modelling and some technical details. As traditionally, we will still be open source for all the community coding, drive and development. The idea behind this is to protect our community from the large banks, corporates and government.

Ok but for now it is still a pending patent if I understood correctly or are you confident it will go through?

My understanding about patents that are pending, it will be approved in due time as long as there's no other existing patent(s) that it's infringing upon. Also, if the patent submission is explained clearly enough for it to make sense, at the very least.

And those are two important issues you raised when it comes to pending vs. approved. Pending doesn't automatically mean it gets approved.

I'm not sure how anyone can think anything else XD Pending means it has to go through other patent claims (if there are any of the same kind) and it has to get checked by the commision. After that, I think there is a small period of time where someone can veto the decision (but I could be wrong) and then it's approved.

Again, if it is pending it is subject to all required investigation, included the fact that no other entity or person filed the same thing.
newbie
Activity: 40
Merit: 0
Cheesy Private sale will be on in few day less day 54 hrs if am correct... looking up for the success

let's hope it will not be a Gas war  Grin Grin

what is a Gas war?

when investing you need Gas to send the Eth. and the higher the gas you use more likely your transaction will be higher on the list for the miner to include it on the block since you will the paying a higher fee. And some people put the Gas at maximum so their transaction is mined first

thanks. you suggest doing the same?

thank you
newbie
Activity: 67
Merit: 0

This will mean the RET token is integrated with the Bancor network. This gives liquidty for the RET token (on the Ethereum network) and allows people to leverage this infrastructure to swap their token and use more functionality of different tokens on Ethereum. ReMoneta remains the stable, secure currency on the ReMoneta network and is not traded, so you gain additional benefits through this integration.


So if I understood this part correctly RET token will not be tradeable? It would serve as a stable token with which you will be able to use the platform. You can use it then to trade with different token types - which ones do you mean exactly?


Hi, there is a dual token system
RET will be floating.
ReMoneta will not be tradable, this will be completely stable and used for purchases and transaction with retailers on the ReMoneta network (the new blockchain network).

This dual token system is really interesting, but won't it bring a certain dose of confusion with the users? Has any other project done this successfully in the past?

It is ? I found it quite easy to understand. I mean if it comes down to the basic, you just have 2 tokens that can exchange between each other

I was also a bit concerned about this - whether it is going to be straightforward enough for the end users...


So far most people have been positive about this and understand the idea. Indeed you just swap one token for the other.
Its a bit like USD and EUR. If you are in Europe, you switch your USD to EUR so you can enjoy all the European infrastructure, entertainment and so on. When you go to America, then you swap to USD.
In our case, when you want to use all of the facilities of the Ethereum network, you swap to RET. When you want all the benefits of the ReMoneta network, you swap to ReMoneta.
Also, the dual token approach is necessary for the price to be completely stable.


The price is stable, not volatile and is designed to increase steadily over time

How do you plan to achieve that,since cryptocurrencies are usually very volatile?


Three ways. You can see the details in the Philosophy paper on www.ReMoneta.com, but basically:
Dual token approach, RET is floating, ReMoneta is not traded. This is needed to balance the economic pressures of the market.
The ReMoneta price is determined by a long term intelligent computer model not market trading as above.
Land provides stability, trust and security to the companies in the system. It is not leveraged and there is no risk attached. This means an income can be generated for covering costs and buyers know that the companies have a very large and real value and will not fail financially.


Is Simon Cocking your team member,or an advisor?


An adviser. His rating on ICO Bench is no.1 from around 23,000. Certainly he has been involved with many ICOs and has a huge experience in the field
newbie
Activity: 67
Merit: 0
Whats the distribution plan for tokens that are sold during sale?We gonna get them immediately,or after whole sale is finished?

As usual, in a couple of months after the ICO ends, it's a classic scheme

people can let time pass by and forget about the tokens alltogether Cheesy and then get super excited when they received their hard earned tokens.


We take one month after the end of the private token sale to check the administration, make sure all numbers are correct, check bonuses, make sure everything is working.

Our approach is always consistent. It is not our plan to rush something out that is half working. Better to plan an extra month and do it properly.
newbie
Activity: 238
Merit: 0
Whats the distribution plan for tokens that are sold during sale?We gonna get them immediately,or after whole sale is finished?

As usual, in a couple of months after the ICO ends, it's a classic scheme

people can let time pass by and forget about the tokens alltogether Cheesy and then get super excited when they received their hard earned tokens.
jr. member
Activity: 112
Merit: 1
Whats the distribution plan for tokens that are sold during sale?We gonna get them immediately,or after whole sale is finished?

As usual, in a couple of months after the ICO ends, it's a classic scheme
newbie
Activity: 224
Merit: 0
Whats the distribution plan for tokens that are sold during sale?We gonna get them immediately,or after whole sale is finished?

I would think they would be distributed right after the sale ends. You can ask them on their telegram channel, I'm sure they will respond.
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