Topic: ANN TurtleNetwork $TN | Open, Trusted, Secure, Distributed Blockchain Network (Read 2998 times)

nowhere....

waves just delisted from binance, time is now to show some independance...

where is the OP ................??

explorer, and wallets are down apparently.
anybody knows why ??

wake up call ?

NFT marketplace and minting functionality is launched but they lost active tracking on cmc:

https://nft.turtlenetwork.eu/#/marketplace

x100 with cmc reactivation NFT traction and global market bounce.

1m left then pump to 20-40 cents. NFT marketplace in development.

https://explorer.turtlenetwork.eu/address/3JhMzGcm6QW3w95ZHSomj81SMQTbTfFVDMo/tx

http://nft.turtlenetwork.eu/#/

thanks, still rather calm.

Last chance before x20, presently $0.006 on swop target 6-15 cents.

Buy TurtleNetwork it will x1000 soon same as ARRR  $0.013 - $17

Here is the $5m pump money from ARRR profit:

3JsbrjKQhk8p5dHL2bpL975PgS4jSry5Wj4
3JpPBFdDY7pw3G75xbNoCNzwnF8JiqdQpug
3JcpYwGJwzoSdKEgSFsYk62dhqa3gNZg7eR
3JgmMJgPEsLgstUddnePWka9EHAJbE7NXzk
3Jh4pWLw4kUNKyiPwp4bPfobnZfSxX7R823
3JsC3VcLDpKSYRCWAJ2qAwWNrxBbXKhTE61
3JeeuANyshr5eU77kUdo5zsEShkAQGzhiNG
3Jvdv8B8jY9xNnYHMETiK2ugze4MZDcVWPM
3JtzdCwMn3MgezbxnYsnQXHndmuSouTBY5T
3JissoeLkxuDzLvj3mWpimPSBvV3X1LDQu9
3JkvtdGukavEHE7sJk6fM24SAzhYdgCvfwG
3JfkJudCXYJviSZPPcZ3fe3VkQNEgmGHkep
3Jk9EuqfNWCQU8e9pXBjCTVCW8efbwJAFLA
3Jp1uTk3gbf4rvtUuZkbjUviVa6WX8hmQNd
3JgLiKBsKhP4N8ULXKGNzh79BKJQSX1u7ar
3JnM8BGUNZPvvCpG9LzH9NAKCYDAze3Eb8M
3Jwz5XyoEWUPHUhQKX2S4231NmA6aKMv2P9

$5000 is enough for lifetime retirement.

TurtleNetwork is waves clone valued at 1/1500th, so you are basically buying waves for less than a cent.

TurtleNetwork grew by 50% since july 2020 while waves increased by a factor of x10, so it is soon time to cover that gap and go above 30 cents.

I will add this review (which i wrote to the dev today) of Turtlenetwork/Polaritys new loan app:

"This app is the best thing I have experienced in 4 years of crypto. very easy to do it but why waves not do it?"

"I have never heard of this thing for this type of small crypto."

You can take a USDT loan with TurtleNetwork coin collateral, for example 26 000 TN will generate $195 USDT for 1 week term at 0.68% interest.

This app is still in development so the term and liquidity will increase soon.

https://polarity.exchange/dapps?dapp=3JhY5JU9TsWJnuXXznZsSf2dGSNujkBQATA

Feb 2021 update review for Turtle Network - Have a good week.

https://www.turtlenetwork.eu/2021/03/02/turtlenetwork-monthly-insights-feb2021/

100m (100%) of TN supply can now be collateralized in exchange for $7m worth of M2 assets.

The goal is to create a win/win/win outcome for Core devs who own 10m TN / ICO sellers who gain xx paper profit / Marquise $Museum who gains 5% conversion fee and distribution of the art to new collectors which will enable opportunity for gallery and Museum exhibitions and industry partnerships with proof of traction.

These are the conditions for system implementation:

1. Every 40 000 TurtleNetwork can be locked in core dev wallet if they agree to escrow user funds to increase trust, otherwise we use Marquise Company wallet: https://explorer.turtlenetwork.eu/address/3Jrs9bWGupMeQUy1LmuHEMeUP6PJMBRZUub/tx

You can transfer funds from today into this wallet. 40k TN = $3000/100k M2, 4m = $300 000 and so on up to $7m for 100m TN. Your M2 collateral is transfered back to sender wallet after TN is collected.. It is possible to trade in market also: https://wallet.turtlenetwork.eu/dex?assetId2=5VYY1wjDgfzEpNFjTqpqz9sD9o2Bca8vSbB3pjgUDu9h&assetId1=TN

2. If enough TN is locked into M2 collateral (100 000 M2 per 40 000 TN), I believe TurtleNetwork market cap will increase to 10 cents/$10m.

3. Users who collateralize TN can redeem M2 in exchange for ceramic panels priced in gallery at $3000/unit:
https://www.marquisemuseum.com/portfolio

3b. Conversion limit is 1 panel per wallet per 6 months because this is subsidized entirely by the Museum

4. Wealthy TN owners can opt to redeem Viking $M1 Cryptobook for $30 000:
https://www.marquisemuseum.com/viking-m1

4b. There are 2 price versions of the book, both versions containing a large amount of precious metals: 1. 24k gold corner guards, 100 gram per book, $30k 2. Silver corner guards, $10k

5. All TN collateral will be leased and a share up to 50% of leasing income is used as market making liquidity into the following markets:

$TN/$WAVES
https://waves.exchange/trading/spot/TN_WAVES

$TN/USDT
https://waves.exchange/trading/spot/TN_USDT

$TN/$M2
https://wallet.turtlenetwork.eu/dex?assetId2=5VYY1wjDgfzEpNFjTqpqz9sD9o2Bca8vSbB3pjgUDu9h&assetId1=TN

$M2/$WAVES
https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES

5b. It is believed that this system implementation will increase market cap of TurtleNetwork from $0.008 to $0.1. And there is buyside liquidity to sustain this price, and the new market cap of $10m is also backed by M2 tokenized assets which are real assets.

6. When TurtleNetwork cap is 10 cents or more, your TN collateral can be refunded against 5% fee. It can only be refunded in full if you did not opt to convert M2 into real assets for home delivery. Conversion requires KYC.

6b. This will enable paper profit of your TN stack of x10, and up to 50% of the 5% refund fee is reserved for liquidity according to 5. This means, that you will be able to actually realize some profit at this price because Marquise $Museum is providing liquidity here.

7. If price goes below 7 cents, it is more profitable to convert back into M2 because you always get $3k per 40k TN which beats any TN price below 7 cents with the downside that it is delivered in the form of product and not cash.

Let me know what you think about this idea on telegram or [email protected]

8. Users who redeem M2 into panels or books will receive $Valhalla M1 validator issued at 100 BTC. These assets were designed for generational wealth creation and the goal is that there will be secondary market liquidity by 2055 to resell assets for x15 000 profit similar to Andy warhols art which gained x15 000 between 1960 > 1995.
https://waves.exchange/trading/spot/6eV27VoMrNNQv9qbXcK164RdXbmA5sCFCZUXZ1Ltkx4p_BTC



How is this $7 000 000 financed?

1. Production asset cost is lower than retail price
2. External company revenue is $1500/month
3. It is expected that only a minority of collateral traders will actually redeem
4. Most traders will convert back to TN when 10 cents
5. 5% fee is partially used to cover production cost
6. 50% of staking liquidity from a share of this 5% fee is converted into fiat to cover share of production cost
7. If TN implementation demonstrates demand and proof of traction, there can be VC or Private Equity interest
8. Conversion limit of 1 panel per 6 months per trader
9. If a trader locks 3m TN and want x1 Cryptobook for $30k, 300k is sold in brackets over 5 cents to cover cost, 300k is then removed from refund amount because it was redeemed into asset

Based on these variables, $7 000 000 lifetime value is compartmentalized into $1500 per month or less.
It is similar to fractional reserve banking, if everyone takes money out at same time, system collapses.
Everyone cannot convert into M1 assets all at once because there is not $7m to cover it.

Jan 2021 update review for Turtle Network - Have a good weekend

https://www.turtlenetwork.eu/2021/02/05/turtlenetwork-monthly-insights-january-2021-2/

The newest and supported wallet is: https://wallet.turtlenetwork.eu

Dec 2020 update review for Turtle Network - Enjoy

https://www.turtlenetwork.eu/2021/01/04/turtlenetwork-monthly-insights-december-2020

Some pay monthly, pool party is weekly.

update 27/12

An arbitrage pool for WM2 TNM2 cross platform swapping is now open

Users can buy up to 65 000 WM2 daily here:

https://waves.exchange/trading/spot/BS1KFNR8zrXKBEWdUUvpaP6G57Hic3aESkwK7qQKdLpB_WAVES

Transfer funds to this wallet while including TurtleNetwork swap destination address in description:

3P4fxwqcMX8hEnnfD5WPBn3NNmZzozbHkb7

Send notification alert to [email protected]

TNM2 balance will then be credited to your account within 48 hours where the arbitrage pool provides monthly liquidity between $60-$120 with minimum 100% swap profit.

TNM2 is traded here:

https://wallet.turtlenetwork.eu/dex?assetId2=5VYY1wjDgfzEpNFjTqpqz9sD9o2Bca8vSbB3pjgUDu9h&assetId1=TN

The purpose is to increase TurtleNetwork cross over adoption from Waves and increase platform tx activity for target 3% APY on staking TN.

This requires growth from 6000 daily tx towards 75k which will increase leasing rewards from 6500 monthly to 80k and make it a competitive opton to Waves for yield farmers.

http://statistics.turtlenetwork.eu/generators-weekly/

http://statistics.turtlenetwork.eu/txs/
 

I used that button: https://bitcointalksearch.org/topic/m.54883233
in that client-side wallet: https://turtlenetwork.blackturtle.eu
and this seems, like working.

LPoS-pools, list, here: https://statistics.turtlenetwork.eu/generators/
See the leasing conditions on their sites, before leasing.

does leasing on TN network actually function? what are the present providers?

recently I have leased to H2ox.io , but there is no revenue. so i cancelled.

255 waves per week in company revenue is $5m market cap on x50 price to earnings multiple when waves $8.25

http://dev.pywaves.org/generators-weekly/

$19m on $31 per $waves

TurtleNetwork native platform will generate equivalent of $200k market cap annually when 0.006 per waves when waves $8.25 on 6500 daily txs.

TN is valued based on native platform activity but the majority revenue is overlooked, which is 255 waves per week from blackturtlenode.

Waves $388 000 000
TN $800 000

Waves:

100m max supply (+5% annual unbacked inflation)
dex
token issue
mass transfer
pywaves
1000tx/s
daily tx 30 000
Russian based

TN:

100m max supply (staking dividends backed by real network activity)
native dex
token issue
mass transfer
pywaves
1000tx/s
daily tx 6500
EU based

TN Fair value: x50/$40 000 000

Optionally, WAVES -90% $40 000 000, TN x5, $4 000 000