Topic: [ANN] StakeIt (STAKE): Proof-of-Stake ERC20 Token & Smart Contract Based Games - page 30. (Read 14726 times)
November 19, 2017, 06:33:27 AM
What is with 75 million reserved tokens ? You took out 20 million for ICO and unsold will be burned this is what I understood. Where can I get more information about reserved tokens as I didn't see any information in Q&A section. If you have plan to use them for staking was not more good to buy from exchanges for this purposes to make the tokens valuable by having permanent buy support ?
November 19, 2017, 06:26:32 AM
watching thisone , staking token with a buybackprogram , sounds great
November 19, 2017, 06:16:03 AM
Well, i have a confusion. From Tiers 1-3, you have applied the percentage accordingly and it increases as per the level of tiers but in Tier 4 and 5, i see it getting decreased.
Can you elaborate more on last two tiers?
Can you elaborate more on last two tiers?
I'm also curious about it but in my side I guess it is decreased to make sure that percentage that are going to distribute to all stake holders will be enough or balance and it will not end up into HYIP.
We believe that by Tier 4, the total supply of the token would have decreased significantly.
You would have noticed that as we move on to the next tier and so on, the minimum amount of STAKE required to stake increases, as well as the fees.
This is to ensure that the distribution period is prolonged and also to ensure that we have sufficient balances left to distribute (all distribution stops when Tier 5 has <5 million tokens left).
Leftover tokens from Tier 5 address will be sent to the bounty address and the token switches to a bounty & giveaway focused token (all hosted on our 1-page AD platform) to ensure that advertisers find our platform attractive. Remember, advertisers can only pay in StakeIt to publish their advertisements. All STAKE earned = permanently destroyed.
November 19, 2017, 04:51:30 AM
I'm also curious about it but in my side I guess it is decreased to make sure that percentage that are going to distribute to all stake holders will be enough or balance and it will not end up into HYIP.
November 19, 2017, 04:41:32 AM
Well, i have a confusion. From Tiers 1-3, you have applied the percentage accordingly and it increases as per the level of tiers but in Tier 4 and 5, i see it getting decreased.
Can you elaborate more on last two tiers?
Can you elaborate more on last two tiers?
November 19, 2017, 04:09:12 AM
It's another opportunity to put some of our money and be part of staking community.
I'm on my way to become part in this project and hoping to gain some profit.
I'm on my way to become part in this project and hoping to gain some profit.
We are thrilled! Thank you for being a part of our community.
November 19, 2017, 02:50:29 AM
It's another opportunity to put some of our money and be part of staking community.
I'm on my way to become part in this project and hoping to gain some profit.
I'm on my way to become part in this project and hoping to gain some profit.
November 19, 2017, 02:16:09 AM
I just join this because it's not a hyip program , token available stake daily without time and age limitations , I'm just look forward to more news coming out 
Undoubtedly, Staking with this program is not hyip as the terms of use of this project seems to be based on centralized option.
So there will be no concepts of hyip relating in the project.
So there will be no concepts of hyip relating in the project.
Yes, we have been in the industry for a long while now and have seen how HYIP programs collapse.
We are skeptical about lending platforms as well.
We decided the best option would be to centralize the staking option, publicly reveal addresses, and openly discuss about token management - how we will distribute them and how we will destroy them.
Thank you for the interests! We really need strong community support and we would like to thank you all for being early-adopters giving us the benefit of the doubt.
November 19, 2017, 01:55:44 AM
Undoubtedly, Staking with this program is not hyip as the terms of use of this project seems to be based on centralized option.
So there will be no concepts of hyip relating in the project.
So there will be no concepts of hyip relating in the project.
November 19, 2017, 01:40:06 AM
I just join this because it's not a hyip program , token available stake daily without time and age limitations , I'm just look forward to more news coming out
November 19, 2017, 01:28:28 AM
I have no idea if the project will succeed or not but definitely has good potential!
The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
Yeah this tactic will surely balance the demand and supply that will make the tokens price better.The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
Though it takes some time to make it balance but once it will happen all of us will become happy and benefited.
This project has potential so let's continue to support it
This project will be very prolific, the buying back program and burning of the coins being bought back will make the coin's price to accelerate and will generate large amount of profit for the token holders.
Thank you all for the great words!
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November 19, 2017, 12:52:23 AM
This project will be very prolific, the buying back program and burning of the coins being bought back will make the coin's price to accelerate and will generate large amount of profit for the token holders.
November 19, 2017, 12:22:48 AM
I have no idea if the project will succeed or not but definitely has good potential!
The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
Yeah this tactic will surely balance the demand and supply that will make the tokens price better.The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
Though it takes some time to make it balance but once it will happen all of us will become happy and benefited.
This project has potential so let's continue to support it
November 18, 2017, 11:13:39 PM
So the total sales will be divided for development and marketing. BTW do you have plan to extend your marketing in facebook?
I saw that facebook isn't part in your bounty.
I saw that facebook isn't part in your bounty.
Yes exactly. Total made from the token sale will be used for devlelopment, marketing, and listing on credible exchanges. We would love to hear your suggestions about Facebook marketing. Please do tell us more about it via DM!
I am slow on understanding this project. We earn by staking the token and how would the company earn on this?
Hi! The only revenues that we as developers get to keep is the amount made from the token sale. The revenues we make from charging 'staking fees' are wholly used to buy back & destroy tokens on exchanges. As this is a community-driven token, we do not earn anything but one thing is for sure. We will participate in the token sale ourselves to get some of our own tokens!
I thought staking process is operating through a smart contract?
The process of staking is being operated through the website stake-it , we cay assume it off-chain.In this concept, the stake token is definitely an ERC20 but staking probably not go through smart contract.
Yes. We thought about building smart contracts and airdrops but figured that there are many problems to it, especially when it comes to users abusing it. Also, by providing a centralized staking option, we are able to charge users some fees for staking (which is wholly used to buy back & destroy tokens on exchanges).
November 18, 2017, 01:31:22 PM
I thought staking process is operating through a smart contract?
The process of staking is being operated through the website stake-it , we cay assume it off-chain.In this concept, the stake token is definitely an ERC20 but staking probably not go through smart contract.
November 18, 2017, 12:52:42 PM
I believe this project will be a success because you can't go wrong with long term profit. Many people will take note of this token's existence in the near future. Documents seems transparent and promising so I can bet my money on this one.
November 18, 2017, 12:42:25 PM
I have no idea if the project will succeed or not but definitely has good potential!
The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
The idea of buying back coins and burning them sounds very innovative.
Definitelly worth trying it
November 18, 2017, 11:41:59 AM
I am slow on understanding this project. We earn by staking the token and how would the company earn on this?
THe company will earn in two ways as per their reply on post:
1. 1-page AD platform
- They will host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only.
2. Staking Fees
- Whenever a user decides to deposit their tokens on the website, they are required to pay fees (purchase a product on our website). The fees are different for every staking tiers.
To the stakes that we buy, will it gain profit?
If it will profit then how long are we going to wait to get our profit from our stakes that we bought?
November 18, 2017, 11:29:40 AM
This project is quite similar to ARTE. I would love to contribute some ETH and stake the token to get more.
Also, I have a question that is what if I stake STAKE token and earn more STAKE, can I withdraw the STAKE tokens I deposit to stake in case I don't want to stake anymore? Or it will be locked forever?
Also, I have a question that is what if I stake STAKE token and earn more STAKE, can I withdraw the STAKE tokens I deposit to stake in case I don't want to stake anymore? Or it will be locked forever?
Hi there,
You can request to withdraw from staking any time you wish to and stop your staking. You will get your tokens within 24 hours as we will be manually checking all withdrawals for security reasons.
I thought staking process is operating through a smart contract?
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
November 18, 2017, 11:14:01 AM
I am slow on understanding this project. We earn by staking the token and how would the company earn on this?
THe company will earn in two ways as per their reply on post:
1. 1-page AD platform
- They will host bounty campaigns & giveaway campaigns on this page. This page also features 100 AD slots. AD slots can be purchased with StakeIt tokens only.
2. Staking Fees
- Whenever a user decides to deposit their tokens on the website, they are required to pay fees (purchase a product on our website). The fees are different for every staking tiers.
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