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Topic: [ANN] [RPX] Red Pulse Token – Next Generation Intelligence and Content Ecosystem - page 58. (Read 81136 times)

full member
Activity: 168
Merit: 104
yeah, quite tight rules that stimulate our participation, it's not bad though
sr. member
Activity: 574
Merit: 261
Are you really sure that you can stake RPX? I'm not aware of this and have never read anything that you get benefits from holding it in any wallet or something? Did I miss this part? Or is the relevant wallet not yet existing?

This is not staking. Red Pulse is an inflationary currency. Each year, total money supply will increase by 10%. To compensate current token holders for a loss in value (and there's always a loss in value associated with inflation), RPX will distribute half of this new coins to holders who keep their RPX on Red Pulse platform. This is a research content platform for independent researchers and market analysts to publish their content and get rewarded for doing so.

This is how I interpret the distribution of minted RPX. Us ordinary punters will not get the re-distributed minted RPX.

As they said it is for:

(1) "[for] holders who keep their RPX on Red Pulse platform. ... for independent researchers and market analysts to publish their content."
(2) "...the amount kept on the NEO wallet that is on the Red Pulse platform"
(3) "RPX in exchanges or other wallets are not eligible."

So only those (businesses) who have a wallet on "The Platform" will get the bonus RPX.
member
Activity: 95
Merit: 10
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

The RedPulse platform will launch its beta in Q1 2018 and release in Q3 2018. When this happens approximately 10% new tokens will be minted every year. Half of these will go to people staking RPX the other half to market experts selling on the platform.
The RPX is minted in real-time and your share will depend on the amount kept on the Red Pulse platform per day for a month, RPX in exchanges or other wallets are not eligible.
You’ll be awarded your proportion of the newly minted RPX at the end of the month

Wow, I didn't know anything about minting. I thought to sell rpx to buy Neo because of the Gas but now I can even stake rpx....difficult choice!

Well we're expecting a price pump so I think you'd be better off waiting before selling some to buy NEO.  I expect it won't be long before Red Pulse announces trading on Binance, then all we need is Bittrex Wink

There will be no RPX on Binance. It's official.
full member
Activity: 252
Merit: 100
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

The RedPulse platform will launch its beta in Q1 2018 and release in Q3 2018. When this happens approximately 10% new tokens will be minted every year. Half of these will go to people staking RPX the other half to market experts selling on the platform.
The RPX is minted in real-time and your share will depend on the amount kept on the Red Pulse platform per day for a month, RPX in exchanges or other wallets are not eligible.
You’ll be awarded your proportion of the newly minted RPX at the end of the month

Wow, I didn't know anything about minting. I thought to sell rpx to buy Neo because of the Gas but now I can even stake rpx....difficult choice!

Well we're expecting a price pump so I think you'd be better off waiting before selling some to buy NEO.  I expect it won't be long before Red Pulse announces trading on Binance, then all we need is Bittrex Wink
full member
Activity: 266
Merit: 101
Are you really sure that you can stake RPX? I'm not aware of this and have never read anything that you get benefits from holding it in any wallet or something? Did I miss this part? Or is the relevant wallet not yet existing?

This is not staking. Red Pulse is an inflationary currency. Each year, total money supply will increase by 10%. To compensate current token holders for a loss in value (and there's always a loss in value associated with inflation), RPX will distribute half of this new coins to holders who keep their RPX on Red Pulse platform. This is a research content platform for independent researchers and market analysts to publish their content and get rewarded for doing so.


But how and when will they compensate this? Once a year and just if you hold in a special wallet or how is it done? Similar to Gas for NEO maybe?

I was going to write that I didn't know but decided to search for the answer on the official Red Pulse slack channel instead and lo and behold, here's a statement from one of channel's moderator written several days ago:

Quote
"the RPX is minted in real-time and the extra goes into the smart contract wallet, in terms of staking

those details have not fully been fleshed out, but most likely it'll work similar to how GAS is awarded on Binance

where depending on the amount kept on the NEO wallet that is on the Red Pulse platform per day for a month, you'll be awarded a proportion of the newly minted RPX at the end of the month"
full member
Activity: 238
Merit: 100
Are you really sure that you can stake RPX? I'm not aware of this and have never read anything that you get benefits from holding it in any wallet or something? Did I miss this part? Or is the relevant wallet not yet existing?

This is not staking. Red Pulse is an inflationary currency. Each year, total money supply will increase by 10%. To compensate current token holders for a loss in value (and there's always a loss in value associated with inflation), RPX will distribute half of this new coins to holders who keep their RPX on Red Pulse platform. This is a research content platform for independent researchers and market analysts to publish their content and get rewarded for doing so.


But how and when will they compensate this? Once a year and just if you hold in a special wallet or how is it done? Similar to Gas for NEO maybe?
full member
Activity: 266
Merit: 101
Are you really sure that you can stake RPX? I'm not aware of this and have never read anything that you get benefits from holding it in any wallet or something? Did I miss this part? Or is the relevant wallet not yet existing?

This is not staking. Red Pulse is an inflationary currency. Each year, total money supply will increase by 10%. To compensate current token holders for a loss in value (and there's always a loss in value associated with inflation), RPX will distribute half of this new coins to holders who keep their RPX on Red Pulse platform. This is a research content platform for independent researchers and market analysts to publish their content and get rewarded for doing so.
full member
Activity: 238
Merit: 100
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

The RedPulse platform will launch its beta in Q1 2018 and release in Q3 2018. When this happens approximately 10% new tokens will be minted every year. Half of these will go to people staking RPX the other half to market experts selling on the platform.
The RPX is minted in real-time and your share will depend on the amount kept on the Red Pulse platform per day for a month, RPX in exchanges or other wallets are not eligible.
You’ll be awarded your proportion of the newly minted RPX at the end of the month


Are you really sure that you can stake RPX? I'm not aware of this and have never read anything that you get benefits from holding it in any wallet or something? Did I miss this part? Or is the relevant wallet not yet existing?
full member
Activity: 238
Merit: 100
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

I don't think that there is any airdrop, it's just someone that got scammed or who has no clue about the project. Otherwise we would know or would have read about any airdrop already in the telegram group. Maybe he mans the gas drop for the 025 Block contributors.
sr. member
Activity: 434
Merit: 250
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

The RedPulse platform will launch its beta in Q1 2018 and release in Q3 2018. When this happens approximately 10% new tokens will be minted every year. Half of these will go to people staking RPX the other half to market experts selling on the platform.
The RPX is minted in real-time and your share will depend on the amount kept on the Red Pulse platform per day for a month, RPX in exchanges or other wallets are not eligible.
You’ll be awarded your proportion of the newly minted RPX at the end of the month

Wow, I didn't know anything about minting. I thought to sell rpx to buy Neo because of the Gas but now I can even stake rpx....difficult choice!
full member
Activity: 238
Merit: 100
Hi, does anyone the exact time in CET when trading starts at Kucoin? They just mention a time without saying what time zone it is, guess it's maybe HK time or something.

Thank you
full member
Activity: 210
Merit: 100
How to join airdrop?

which airdrop ? there is no airdrop here Roll Eyes

The RedPulse platform will launch its beta in Q1 2018 and release in Q3 2018. When this happens approximately 10% new tokens will be minted every year. Half of these will go to people staking RPX the other half to market experts selling on the platform.
The RPX is minted in real-time and your share will depend on the amount kept on the Red Pulse platform per day for a month, RPX in exchanges or other wallets are not eligible.
You’ll be awarded your proportion of the newly minted RPX at the end of the month
hero member
Activity: 1050
Merit: 506
sr. member
Activity: 574
Merit: 261
Trying to send rpx, got this error
VM State: FAULT, BREAK Gas Consumed: 0,272 Evaluation Stack: []

I just did a test send of RPX from my NEO-GUI-RPX wallet of 10 RPX.

The message below pops up, the coin gets sent, and was received at Kucoin after 12 confirmations.

VM State: HALT, BREAK
Gas Consumed: 2.792
Evaluation Stack: []

For my 10 RPX it cost 0.001 GAS - will now test with some more RPX and see if GAS price stays the same.

EDIT: Sent 100 RPX, also cost 0.001 GAS.
sr. member
Activity: 574
Merit: 261
I want to know why does RPX choose kucoin for loanching? has any relationship with kucoin...? Huh

Here is an interesting article on the possible relationship between Binance and Kucoin, and so might explain why Kucoin was selected as the exchange of choice for RPX.

https://www.reddit.com/r/RedPulseToken/comments/78a0qv/kucoin_is_binance/

sr. member
Activity: 574
Merit: 261
Trying to send rpx, got this error
VM State: FAULT, BREAK Gas Consumed: 0,272 Evaluation Stack: []

The 0.272 GAS looks like an lot of GAS required to send RPX to the exchange.
Is the amount of GAS needed to send RPX propotional to the amount of RPX sent or is it a fixed amount ?
full member
Activity: 175
Merit: 100
I want to know why does RPX choose kucoin for loanching? has any relationship with kucoin...? Huh
sr. member
Activity: 504
Merit: 259
All buyers got the bonus, so might as well calculate it in the price.
newbie
Activity: 44
Merit: 0
what was the ico price?

If i am not mistaken, the rate was 1k rpx per neo, price per token was shy of .03 cents usd.
You are not mistaken, but you forgot 30% bonus for first day, so 1NEO=1300rpx on ico.

Well you cannot calcualte the bonus as the price of the token! It was sold in first 2 hours, nobody knew that before
hero member
Activity: 707
Merit: 501
what was the ico price?

If i am not mistaken, the rate was 1k rpx per neo, price per token was shy of .03 cents usd.
You are not mistaken, but you forgot 30% bonus for first day, so 1NEO=1300rpx on ico.
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