Topic: [ANN] SMLY- smileycoin - for rewards in education - page 14. (Read 77288 times)

You all know that 45% of the coinbase (new coins generated in each block) goes to Education in a Suitcase (EIAS). We have not yet decided how to handle this and I'd like to put something up for discussion.

Now, the SMLY premine is used for rewarding students (with an option of giving a bit to places which will enhance the use of SMLY). So EIAS does not have access to this.

EIAS are basically free to use their coins for whatever suits their needs, but of course it is understood that EIAS will not simply dump a billion coins on the market. On the other hand, if the price of SMLY goes up a bit then it is logical for EIAS to sell some of the donations.

An improvement on this is for EIAS to submit multiple sell offers (set ask price) in a range around a target. This will allow EIAS to reap some of the benefits of a surge in price, while also dampening surges, i.e. not allowing the price to go up 1000% in an hour.

The sales will be used to fund operations in Kenya and possibly also some development work, on software for EIAS servers/tablets, SMLY or the tutor-web.

So we need a discussion on how this can be done. I have a suggestion but am willing to be convinced of a different approach:

My suggestion is that we select a price or price range where it is considered appropriate for EIAS to sell some of the funds. To begin with, we can set a simple target such as 1 SMLY=10 Satoshi, when EIAS will sell if the price reaches this target.


Comments welcome.

Weird shit! Particularly the part where someone has clearly moved your deposit somewhere else!

There is a fair amount of discussion in their chat room: Nobody seems to be able to deposit anything properly - nothing shows up in the account.

I'm fully aware of C-Cex having a lot of issues lately, and with them ALL apparently being gone for a month didn't help any..

Be cautious before you send any SMLY to them right now with the price spike.

https://chainz.cryptoid.info/smly/address.dws?BPiw7XeoXZ6ySEM2yW1t3sbV8AYwx2whaX.htm

The last 4 transactions here.. I sent 3k over, was never credited them, and now they're gone?

I created a new address and sent over another 1k..

https://chainz.cryptoid.info/smly/address.dws?B4bKKnWRWpcCd4bofW6Nc4T3SsqdSLezca.htm

Same thing. No credit, and now they're gone?

Interesting indeed!

Transfer each set to one address.

Anyone can set one up. See above.

https://t.me/joinchat/Eo_H1hD-xrvrHXtRY7OrIw

25000000 x 4 - how do I set-up for dividends - thanks very much

Very good idea indeed. Really hope that admin will take action immediately. Most of coins has their own telegram group as well. Am I right??

Hiii All

Very good Idea Mr. Redak

Brand New Telegram Group  https://t.me/joinchat/Eo_H1hD-xrvrHXtRY7OrIw

Hi!!!! Brilliant Idea Corzova ..!!!We should have telegram for SMLY...Then people will know about Smly..,ADMIN please take action n consider our suggestion. Thank You.

Your Sincerely,

Mr Redak

Hi guys, i'm new here..

have looking at smly for quite some time.. it's a very good coin in my opinion.
kudos to devs/admin

fast question... do we have a telegram group??
I do believe that SMLY need it..
till later  

Dev team I will suggest that you guys update the information about its circulating supply and maximum supply in coimarketcap because most persons don't know unless they come here. Thanks

For basic info on the coin, take a look at the opening page: https://bitcointalksearch.org/topic/m.9431919

Next, note that this thread is also where all decisions are made, so you will find all currently accepted plans discussed above. After acceptance here, decisions are put into the coin info page at https://tutor-web.info/smileycoin

More detail on the coin itself can be found in the Ledger paper, which should now be considered the whitepaper of this coin: http://ledgerjournal.org/ojs/index.php/ledger/article/view/103/84

So this project is still alive. I will like to get some coin but I will like also to know the plans for this year. Maybe like roadmap so I can be more informed about the plans.

Then please, what is the maximum supply of this coin?

See above message: https://bitcointalksearch.org/topic/m.27713146

Where can I buy the SMLY coin?

Both C-CEX and Novaexchange do not allow new users to register. Are there any viable options?

Thanks!

Mac

There is only solo mining at the moment.

Mining pool on site not working, who knows about another? Maybe solo is effective?

Invest 25M SMLY

3 x4500 SMLY = 13 500 SMLY a Day

13 500 SMLY x 365 = 4 927 500 SMLY a Year

ROI = Less than 20% per year

Let someone correct me if I wrote badly. 20% For the promises that the price of SMLY will jump.  Yes ?

The best overview of the SMLY is here: http://bit.ly/SMLYledger

I am glad this project is still alive, what's the progress?