Author

Topic: [ANN] WYTF [WYTF][X11][DPoS] Low Inflation & A Buyback Scheme That Cant Go Wrong (Read 771 times)

full member
Activity: 369
Merit: 101
jr. member
Activity: 156
Merit: 1
Hello WYTF dev, any bounties/interest for a macOS/raspberry pi wallet?
jr. member
Activity: 280
Merit: 3
Until recently, I did not believe in your project. but as I see it is quite successful
legendary
Activity: 2282
Merit: 1051
unnamed.Exchange, join the Cool Kids!!!
sr. member
Activity: 473
Merit: 252
newbie
Activity: 40
Merit: 0
There is WYTF faucet?

Thx in advance.
sr. member
Activity: 473
Merit: 252
Hey . Do you own any SERVERS in your project or they all are owned and managed by volunteers? WDYT?

Uhm.. not sure where we are going with this, but yeah. I host my stuff on my servers that i have paid for monthly and yearly for btc.
There's no use in trusting other people to host your stuff.
Do i have volunteers that run stuff for me too? Yeah sure, but for now only blockexplorers.
Why, do you want to volunteer?
sr. member
Activity: 473
Merit: 252
Congratulations on the exchange !!!! looking forward to the bright future of WYTF!!!


Thank you Mr White!

I think its time to start showing what this is all about.. Stay tuned Wink


were all just gonna scratch heads here.

I love that you used those exact words!

When i first created this ann, i filled it up with way too much useless info.. then i edited it, but it still wouldn't explain the project in a good way.

So instead of rushing it, i removed all the useless info and left it with the coin specs and this:



Not a white flag for surrendering, but a planted flag that says:
WYTF was claimed by Mr00HasH, February 25, 2019

And then i said to my self. Let them scratch their heads while we wait for better days.

So yes. You are 100% right.
The Ann sucks and i should know better.. but i do Wink
legendary
Activity: 2492
Merit: 1018

The purpose of announcing it here in the ANN section is to make your project be known and so people will know what else the project has to offer if this is just what is presented, were all just gonna scratch heads here. You are not new in the forum, you knew this of course. Just as you knew crypto is flooded with exchange projects that more than half of it hasn't even released since 2017.
sr. member
Activity: 358
Merit: 250
Congratulations on the exchange !!!! looking forward to the bright future of WYTF!!!
sr. member
Activity: 473
Merit: 252
Alright believers and non-believers!

First exchange listing is complete. Its time to move this to the next level!

Unnamed.Exchange


More info will come over the next couple of weeks

A single commit to github 5 month ago. Must be a perfect code if nothing needs to be changed for such a time. And exchange is also kind of strange. See it first time and can't find any references to it. How old it is?

That probably means that the chain is running stable without any issues.

A complete remake of the wallet GUI is in progress, so you will probably see some more commits in near future  Wink

Other than the perfect code, i have been working on ranking the website with automated content.
Over the next couple of weeks/months you will be able to see some results on alexa.com

So as you can see. There is a lot of small pieces that need to be put together, and stuff takes time.
The coin source itself is just a small piece in the huge machinery

The exchange is brand new, but if you do some research, you may see some names you have seen somewhere before
You can join the discord @ https://discord.gg/ECsb6rh
full member
Activity: 420
Merit: 108
Alright believers and non-believers!

First exchange listing is complete. Its time to move this to the next level!

Unnamed.Exchange


More info will come over the next couple of weeks

A single commit to github 5 month ago. Must be a perfect code if nothing needs to be changed for such a time. And exchange is also kind of strange. See it first time and can't find any references to it. How old it is?
sr. member
Activity: 473
Merit: 252
Alright believers and non-believers!

First exchange listing is complete. Its time to move this to the next level!

Unnamed.Exchange


More info will come over the next couple of weeks
sr. member
Activity: 473
Merit: 252
WTF IS #WYTF?
YOU WILL SOON FIND OUT


Yeah, we will soon find out how to lose our money

You got nothing new

Well there is plenty of 10 000% ROI masternode coins out there if that sounds less scammy to you Wink

Nothing new?
I haven't even presented the.. oh wait..
I will soon prove you wrong Smiley

Well, it very looks like a troll coin or whatsoever its called but i just make an opinion that this coin wouldn't have a better future

Nope. It may end up with some trolling underway, but it is so much more than just a trollcoin.
And you know nothing about this projects future, because you know nothing about it yet Wink
jr. member
Activity: 434
Merit: 1
Well, it very looks like a troll coin or whatsoever its called but i just make an opinion that this coin wouldn't have a better future
jr. member
Activity: 442
Merit: 3
WTF IS #WYTF?
YOU WILL SOON FIND OUT


Yeah, we will soon find out how to lose our money

You got nothing new
sr. member
Activity: 473
Merit: 252
sr. member
Activity: 473
Merit: 252






The Low Inflation Model

With a blocktime of 3 minutes
And a blockreward of 0.25 coins

There will only be generated
120 coins per day via Delegated Proof of Stake


That is:
120 coins per day
840 coins per week
3360 coins per month
43800 coins per year

With a total supply at launch of 777 777 coins
The inflation the first year was ~5.6%
The second year ~5.2%
The third year ~5%
And so on..

With this inflation rate, it's impossible for just a few users to
generate all the stakes and slowly dump the price down to the bottom
.




The Buyback Scheme

With low inflation comes the possibilities to keep the price stable.

For every buy on the official buy walls under 7000 satoshi
30-50% of the BTC will be put back in the buy wall @ 1000 satoshi

For every buy on the official buy walls above 7000 satoshi
30-50% of the BTC will be put back in a buy wall @ 2000 satoshi

For every buy on the official buy walls above 10 000 satoshi
30-50% of the BTC will be put back in a buy wall @ 3000 satoshi


This way, even if you decide to dump all your coins with a loss,
the price will never go below 1000 satoshi and you will allways
be able to sell off your hard earned stakes for 1000 satoshi or more per coin.


Now you may think my numbers are a little bit unfair...
I buy them back for less than 50% of the price?


To put it like this:
With my buy walls comes your buy walls.
If you look at it without the greed in your eyes,
im offering you a market with a solid concrete floor.
A floor that can't break even if you dump it all with a loss just to be a dick about it.

So all in all.
Even if Bitcoin reach $1,000,000
WYTF will stay on a absolute minimum of 1000 satoshi per coin.


So how will you be able to earn your money back?
Slow but steady!

For every stake you generate, you're able to sell it off for at least 1000 satoshi per coin

Parts of the revenue generated through WYTF will also be used to buy up on the sell side of the markets
or placed in buy walls if no orders are undercutting the official sell walls at that moment.


What other revenue will WYTF generate except on coin sales?
More on that soon...




Coin Specifications

Ticker - WYTF
Algo - X11 DPoS
Blocktime - 3 minutes
Blockreward - 0.25 WYTF
Min Stakeage - 4 Hours
Max Stakeage - 101 Days

Features
Splitblock
Multisend
Stakereport
24 Hours Stakeweight Graph
24 Hours Stake Difficulty Graph
Blockexplorer in wallet



Blockexplorer

http://207.126.164.144:7777



Wallets





WYTF Bounties

Coming Soon...




Pre-mine??? Of Course

               

Seven hundred and seventy-seven thousand seven hundred and seventy-seven


WHERE TO GET #WYTF?

Exchanges:

Unnamed.Exchange
BTC-WYTF
LTC-WYTF
DOGE-WYTF
UTIP-WYTF
ETH-WYTF
USDT-WYTF
XMR-WYTF
WAVES-WYTF




Faucets:

Crypto4Free.com




Games:

Coming Soon...





Keep Track Of The Price Movements:







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