Topic: [ANN] Signatum 2.0 - page 38. (Read 102089 times)

Seems to be good project!!

When you invest in a coin, do you care about mcap or coin price?
In theory if a company is worth X and they do a merge of the stocks, even 10:1 the value should be the same after so 10x price per share.
And it is the principle used here in their explanation.

With the current mcap sitting at 626 648 dollar it is not unreasonable to think the mcap will increase after some time with active devlopment.
But off course it all depends on the new devs not being scammers like the old. The development will show in time. Peoples investments are already so low in value it cant get much worse

This re-launch is great. Got my popcorn and i’m going to sit and watch it blow up like a 4th of July Fireworks show.

Love the 4x value projection after the swap, were did you get your economics degree professor?

you can find all information on the first 3 threads.

The total swap supply will be 34,375,000 coins, its lower than 137,000,000 actual supply for sigt 1.0
so thats the reason why coinswap is 4:1

with an additional 28% split across team members (20%) and the treasury fund (8%). As the coin supply is projected to increase year-on-year that ownership share and treasure fund will over time be diluted significantly to around 4.5% after 20 years.

How will the premine be handled?

To be clear, the premine will not be paid out on day zero of the new blockchain.  The payments will be made on a monthly/quarterly basis (salary/bonuses of sorts).  All addresses of the core team will be made visible and the funds will be controlled by Cryptovore and Squbs within the core team. We are keen on making this a transparent process.  We are doing our uppermost to ensure that this is treated in a professional manner, aligning developers incentives with that of investors and keen to alleviate many aspects of principal-agent asymmetries.  We are dedicated to making this work for all of us.

The PoW Algorithm

The new PoW is being built on the Lyra2REv2 hashing algorithm.  This algorithm was chosen as it has been peer-reviewed and is currently one of the most up to date implementations on the market, whilst being reasonably power efficient, comparatively.  Moreover, most miners and market participants are already knowledgeable about how to mine and calculate profitability for the algorithm, thus significantly reducing barriers to entry.  Various algorithms have been  considered, but we believe the trade-offs are marginal.

For voting will be nice to have more information about sigt 2 (algo, emission, dev fee, etc). And why chosen rate is 4 to 1 (why not 1 to 1)?

Thank you, did not notice the information about the distribution of coins.)

If you read their info on page 1 / web page it is stated that coins not swapped will be divided between extra funds for treasury and air drops

Good points. And lets not forget, this is a coin meant for purchases. What could drive the price up beyond what we can immagine is if criminals start using it. And if that happens authorities might be bringing the dev team in even though they cant stop a dark web marketplace (this is just one example). So i get why they dont want to reveal idendities. For me as a investor it would be reasuring, but for the devs not worth it. They are doing more than any of us in terms of salvaging the signatum 1 investment, yet they get so much negativity. So il keep posting - Thank you for going for swap instead of new coin. 

I saw a discord on the information about the airdrop or it seemed to me?

good luck!)

thanks for the vote . Also voted 1 option, we all know its the best one !

Okay, wise guy. Do you have any idea how much money people lost on Sigt? I am down 95% on my investment.

I am pretty mad at the whole situation, but I do realize the current team should not be held responsible. I imagine there are many less level-headed types around there.


The current team had nothing to do with the nodes getting shut down, the original team going missing etc. - all are community members who've been with the coin since its inception.
They could still get targeted and revealing their identities could very well compromise their personal lives, their jobs etc.


If you had trust issues with anonymous devs, you shouldn't have bought/mined sigt in the first place. Invest in an ICO and keep this discussion productive.

 Dont like Idea about another " Anonymous DEV team"

We didn't learn nothing from recent past?

They never said it will go to 4x price per coin, and thats because they cant guarantee it. No dev can guarantee a price unless they themself got a major fund which will put buy wall. And that fund would have to be value guaranteed * coins so redicolous big :p

But the price should increase per coin to have same mcap. And then the price should go even further with time as we now got devs working on it again.

All the negativity here is either from people that dont hold, less intelligent or privileged users imo. Discussion is good, but of course the devs want a chain they actualy control instead of working on a chain a known scammer has access to. And they also want something back for the work in a pre mine. This also give incentive to put in the needed work to make Signatum 2 a good coin. By giving us swap they will get a big community with them instead of a new coin with airdrops. I see this as a win win for devs and us, and apreciate that they went this way. And the 4:1 makes sense as we do want miners / masternodes to have incentive to point their investment in signatum 2. Could just have higher reward but then we will have an insane amount of coins.

Thanks, work great for me.

It`s a big question. And dev saying it will. And the price will be 4x sign1 or higher. But sign1 will not be. Can we trust it? I don`t know. I want guarantee from dev. Best guarantee may be like at spreadcoin. everyone who have sign1 gets the same quantity sign2.

toooooooo much unsure.
more infomation pls, thanks.

voting for 1st option

The value of Sig. 1 right now is only 110-113.   

good project sir, good luck