[ANN][ICO]ContractNet - At the intersection of Blockchain, IOT & SMART CONTRACTS - page 22.

cryptossi

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Quote from: phantam on March 14, 2018, 03:42:02 PM

Quote from: cryptossi on March 14, 2018, 03:27:23 PM

The markets have taken a big hit recently and obviously this has affected a lot of ICO's that are currently raising funds, however ContractNet is still doing well and it has now raised over 95 BTC and over 2200 ETH, this is a big achievement in the space of a few days.

I honestly can’t believe their doing this well considering how crappy the market has been the last few months it’s interesting to see ICOs with promise fight through all the fud and low valuation on crypto and continue to build a strong financial base

Hopefully after the ico we see crypto rebound nicely

Most people I know are HODLing for dear life, so I tip my hat to the bulls out there that are investing in new projects like ContractNet, that takes balls and it shows a lot of people believe in this project.

phantam

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Quote from: cryptossi on March 14, 2018, 03:27:23 PM

The markets have taken a big hit recently and obviously this has affected a lot of ICO's that are currently raising funds, however ContractNet is still doing well and it has now raised over 95 BTC and over 2200 ETH, this is a big achievement in the space of a few days.

I honestly can’t believe their doing this well considering how crappy the market has been the last few months it’s interesting to see ICOs with promise fight through all the fud and low valuation on crypto and continue to build a strong financial base

Hopefully after the ico we see crypto rebound nicely

cryptossi

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Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

The markets have taken a big hit recently and obviously this has affected a lot of ICO's that are currently raising funds, however ContractNet is still doing well and it has now raised over 95 BTC and over 2200 ETH, this is a big achievement in the space of a few days.

Ace44

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Activity: 672

Merit: 11

Quote from: Nathan01 on March 14, 2018, 10:01:14 AM

Quote from: ?? on ??

Quote from: yaazcryptos on March 14, 2018, 06:58:36 AM

Future of blockchain will need some projects like this. I am sure it will be succesful.

ContractNet will only ever support a limited supply of 23 million CNETs, creating a scarcity
that mimics the value of Bitcoin or gold. This is a deviation from the Ethereum protocol which
has an inflationary supply of coins. As new coins are minted by miners, ContractNet will burn
coins to maintain a maximum level of 23 million. This burn-back will be from coins received as
revenue for services, coins held in reserve or coins bought back from the open market.

This is a good reason why I think the coin will forever increase in value and be high in demand

But when there is a buy back and a burning that happens constantly overtime, what now happens to a growing number of mobile users apparently potential iot users who are supposed to be the focus of the project not serviced as intended, I understand that scarcity drives value what if it does and create a vacuum more and an unsatisfying feeling, am thinking like a potential consumer who gets disappointed because he didn't get the service he envisaged

Yes, scarcity is a good thing and one of the characteristics of a money or means of exchange but that's where the financial experts of the team comes in, because the process of burning should be done selectively, in a way that it doesn't turn to deflation, the process will constantly be adjusted to fit in when the need arises

Nathan01

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Quote from: ?? on ??

Quote from: faulerwilli on March 14, 2018, 09:54:34 AM

I just wanted to look at all the documents, and there I find the wallets on the same page. Has anyone seen that? Here is the link to the the web wallet https://contractnetlabs.github.io/Cubix/

That's a pretty interestign find fauler, where did you see this information, I'm quite intrigued and interested in this, looks like some nice progress has been made from the ContractNet team!

I actually thought the wallet is yet to be developed wow Huh

so we are safe to conclude that the contranet project has a working plan already

faulerwilli

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Quote from: ?? on ??

Quote from: faulerwilli on March 14, 2018, 09:54:34 AM

I just wanted to look at all the documents, and there I find the wallets on the same page. Has anyone seen that? Here is the link to the the web wallet https://contractnetlabs.github.io/Cubix/

That's a pretty interestign find fauler, where did you see this information, I'm quite intrigued and interested in this, looks like some nice progress has been made from the ContractNet team!

I found the wallets and links to github where you would not suspect it, under the link "documents" https://contractnet.com/documents/
There you will also find white and light paper, wallets, Github link and legal certificates

Cnote328

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Quote from: yaazcryptos on March 14, 2018, 06:58:36 AM

Future of blockchain will need some projects like this. I am sure it will be succesful.

Your very correct friend ContractNet will develop the first oracles based on IEEE standards for manufacturing, then move to transportation and utilities.

Nathan01

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Activity: 728

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DocTailor IEO on Zloadr

Quote from: ?? on ??

Quote from: yaazcryptos on March 14, 2018, 06:58:36 AM

Future of blockchain will need some projects like this. I am sure it will be succesful.

ContractNet will only ever support a limited supply of 23 million CNETs, creating a scarcity
that mimics the value of Bitcoin or gold. This is a deviation from the Ethereum protocol which
has an inflationary supply of coins. As new coins are minted by miners, ContractNet will burn
coins to maintain a maximum level of 23 million. This burn-back will be from coins received as
revenue for services, coins held in reserve or coins bought back from the open market.

This is a good reason why I think the coin will forever increase in value and be high in demand

But when there is a buy back and a burning that happens constantly overtime, what now happens to a growing number of mobile users apparently potential iot users who are supposed to be the focus of the project not serviced as intended, I understand that scarcity drives value what if it does and create a vacuum more and an unsatisfying feeling, am thinking like a potential consumer who gets disappointed because he didn't get the service he envisaged

faulerwilli

full member

Activity: 994

Merit: 140

I just wanted to look at all the documents, and there I find the wallets on the same page. Has anyone seen that? Here is the link to the the web wallet https://contractnetlabs.github.io/Cubix/

yaazcryptos

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Future of blockchain will need some projects like this. I am sure it will be succesful.

unisilver

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Activity: 378

Merit: 250

Quote from: rendiuno on March 01, 2018, 06:22:21 AM

a very interesting and good project with a good concept and great teams. I want to ask, what is the purpose of the project?

Yes a very interesting project wherein you are allowed to interact through different networks and begin to have an address. I know that this project would set many investors too.

Ace44

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Activity: 672

Merit: 11

Quote from: Nathan01 on March 14, 2018, 05:07:45 AM

Quote from: TimeTeller on March 13, 2018, 05:22:51 PM

Quote from: Nathan01 on March 13, 2018, 04:56:54 PM

Quote from: faulerwilli on March 13, 2018, 11:01:47 AM

Quote from: Cnote328 on March 13, 2018, 10:51:11 AM

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round

It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology

I hope the trust of the big and small time investors here will paid off.
Not only the price increase after ICO but the real deal that they are trying to address.
We know that this is not the first project here that tackles the IoT industry but most of them had empty promises and they don't have the capability to make the project a reality.
The team just need to focus on what they can offer and seems that based from the roadmap, it's pretty feasible to implement and execute the items they put on their goals.

Reading through the white paper you could see how articulated they intend to achieve the set goals, their facts and figures, one could see indeed where the project is going to unlike some startups that are just huge on the vision and small in their implementation or like you said end up not fulfilling

Yes, i do agree with you on that and i understand where Timeteller is coming from, as many has been disappointed by a lot of ICOs, dishing out what they can not offer, however, ContractNet is more like a platform that provides an avenue for the use of IoT which to me is a realistic approach

sudhakark

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ContractNet is a public service, here anybody can create an address and begin interacting with the network (permissionless blockchain) intends to build here with storage, sharing and analysis of IoT( Internet of Things) data streams. The ContractNet is a technology specifically based on the company in Hong Kong and filed in both the companies in Hong Kong and the USA.
Users consider, an organized framework for sharing IoT data, and developed a platform for distributed app and smart contracts; these can be useful for all the industrial sectors. ContractNet is personally itself interchanging these technologies one is the Internet of things and smart contracts. ContractNet is used to design and improved for the IoT solutions, by seeing that IoT device owners be able to share their data in a safe, motivation manner and here data is used in such a way that in coming generations they will develop apps and contracts. ContractNet plans to support, storage miners support in trading of gas. Developers who are of the third party can create new Oracles and will sell on Oracle hub.

faulerwilli

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Activity: 994

Merit: 140

Quote from: ?? on ??

Quote from: Cnote328 on March 13, 2018, 06:58:58 PM

Quote from: Ace44 on March 13, 2018, 07:55:47 AM

Quote from: jamzzz123 on March 13, 2018, 06:33:05 AM

Quote from: Ace44 on March 13, 2018, 04:38:21 AM

Quote from: Zuhran on March 12, 2018, 03:49:05 PM

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta

but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

The possibility of such happening is high, as they are the first pioneer of the IoT sector in the crypto-community, i know it has been in existence outside the community but not on a massive scale, at least that i know of, unless i'm mistaken and IoT will be highly acceptable because of what it tends to do and the positive impact it is bound to create

IoT presence benefit such as safety, comfort, efficiency, and better decision making. Just like Ace said ContractNet is the first pioneer of the IoT sector in the crypto-community and i believe it will excel in the coming future.

Just come across a pretty cool video about ContractNet which I hadn't seen before, check it out here @ http://thehackingteam.com/wp-content/uploads/ef9bc32a27cb2d3e1814da9507038ee4.mp4

I could only look at office now, and of course without sound. The video is apparently more about banks than ContractNet. Maybe I should watch the video in the evening at home with sound. Or maybe you got a wrong link?

Nathan01

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Activity: 728

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DocTailor IEO on Zloadr

Quote from: TimeTeller on March 13, 2018, 05:22:51 PM

Quote from: Nathan01 on March 13, 2018, 04:56:54 PM

Quote from: faulerwilli on March 13, 2018, 11:01:47 AM

Quote from: Cnote328 on March 13, 2018, 10:51:11 AM

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round

It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology

I hope the trust of the big and small time investors here will paid off.
Not only the price increase after ICO but the real deal that they are trying to address.
We know that this is not the first project here that tackles the IoT industry but most of them had empty promises and they don't have the capability to make the project a reality.
The team just need to focus on what they can offer and seems that based from the roadmap, it's pretty feasible to implement and execute the items they put on their goals.

Reading through the white paper you could see how articulated they intend to achieve the set goals, their facts and figures, one could see indeed where the project is going to unlike some startups that are just huge on the vision and small in their implementation or like you said end up not fulfilling

Ace44

member

Activity: 672

Merit: 11

Quote from: faulerwilli on March 13, 2018, 04:38:52 AM

Quote from: ?? on ??

Quote from: Nathan01 on March 13, 2018, 03:30:35 AM

Quote from: cryptossi on March 12, 2018, 05:31:43 PM

Quote from: Nathan01 on March 12, 2018, 04:49:46 PM

Quote from: cryptossi on March 12, 2018, 02:52:07 PM

Quote from: Nathan01 on March 12, 2018, 02:34:20 PM

Now towards the end of the white paper it was stated that there will be a move from proof or work to prove of stake after a tested solution have been achieved but I am yet to come to terms with those two concepts, I need a breaking down totally like seriously because I tried making research on them but I get some really technical stuffs which gets me more confuse

A proof of work coin is a coin you can mine like Bitcoin and Monero, a proof of stake coin is a coin you can can purchase and HODL and it will provide you with a passive income/dividend, for example Dash and PivX.

A lot of coins start off as Proof of Work and transfer to Proof of Stake, for example Ethereum is thinking of doing this in a future fork, which some believe will make the project less valuable.

So grateful for this... Is it really possible that a project can have a proof of work and also a proof of stake same time?

Yeah there are a few coins that use PoW algos +PoS algos this is known as a hybrid blockchain, you mine tokens through proof of work and if you HODL the tokens you have mined you can earn more tokens through proof of stake. One example is Hcash!

I don't think this is what ContractNet want to achieve in the long term because its extremely specialised but it is possible to do so!

Wow I must say you did justice to the question and somehow raise the need for investing in the contractnet project the more, knowing I will gain more by holding is a good bargain anytime or what do you think 🤔

I agree, It's good to see some good bullet points like this stating some facts and how advanced the technology they are using which they are trying to implement

I like this forum, you always learn something new about it. Had never heard of hybrid blockchains. The system sounds interesting and I will read it in more detail.
Now that i have got such accurate information and I'm too busy looking right now, what approach will ContractNet take?

Yes, here is actually a learning avenue and i love engaging in constructive arguments, i must admit, i wasn't conversant with the proof of stake and proof of work thing until now, though i've seen it been used but this just gave me a better understanding of what it is

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: Ace44 on March 13, 2018, 07:55:47 AM

Quote from: jamzzz123 on March 13, 2018, 06:33:05 AM

Quote from: Ace44 on March 13, 2018, 04:38:21 AM

Quote from: Zuhran on March 12, 2018, 03:49:05 PM

promising project. Let's see how the sales go on. tell me pozhaluzsta what plans do the team have for the future?

Don't know who or what's pozhaluzsta

but if i may come in, IoT is actually the future when it comes to tech, we're talking about future scenarios that we can only see in movies or imagine, so when it comes to the above question, i think ContractNet is already part of that future and it makes sense to be part of it

Will be so good to see ContractNet being the 1st and leader of IoT implementation as the technology gets more advanced and researched, I expect this to be implemented within the next 2 years

The possibility of such happening is high, as they are the first pioneer of the IoT sector in the crypto-community, i know it has been in existence outside the community but not on a massive scale, at least that i know of, unless i'm mistaken and IoT will be highly acceptable because of what it tends to do and the positive impact it is bound to create

IoT presence benefit such as safety, comfort, efficiency, and better decision making. Just like Ace said ContractNet is the first pioneer of the IoT sector in the crypto-community and i believe it will excel in the coming future.

cryptossi

full member

Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

Quote from: TimeTeller on March 13, 2018, 05:22:51 PM

Quote from: Nathan01 on March 13, 2018, 04:56:54 PM

Quote from: faulerwilli on March 13, 2018, 11:01:47 AM

Quote from: Cnote328 on March 13, 2018, 10:51:11 AM

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round

It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology

I hope the trust of the big and small time investors here will paid off.
Not only the price increase after ICO but the real deal that they are trying to address.
We know that this is not the first project here that tackles the IoT industry but most of them had empty promises and they don't have the capability to make the project a reality.
The team just need to focus on what they can offer and seems that based from the roadmap, it's pretty feasible to implement and execute the items they put on their goals.

Yeah I have seen a real rise in the amount of blockchain projects starting up recently that are based on IoT, I just hope that what ContractNet is offering is enough to stand out from the crowd. I like that they are not just a coin but they are also an entire blockchain for entrepreneurs to run their businesses on.

Cnote328

newbie

Activity: 112

Merit: 0

Quote from: cryptossi on March 13, 2018, 05:10:51 PM

Quote from: faulerwilli on March 13, 2018, 11:01:47 AM

Quote from: Cnote328 on March 13, 2018, 10:51:11 AM

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round

Great thanks for the update FaulerWilli its nice to see how well ContractNet did in their inital first round!

This second round doesn't last long, people need to make sure they invest before 15/03 to get a 20% bonus!

https://contractnet.com/

Yeah if you missed the first round be sure not to miss the second round before the bonus reduces to 15% bonus.

TimeTeller

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Activity: 2744

Merit: 588

Quote from: Nathan01 on March 13, 2018, 04:56:54 PM

Quote from: faulerwilli on March 13, 2018, 11:01:47 AM

Quote from: Cnote328 on March 13, 2018, 10:51:11 AM

ContractNet round 1 has come to an end, the present bonus structure is 20% and price: PRICE(BTC)0.00014, PRICE(ETH)0.00140 for Round 2. FYI round 2 ends on the 15th of this month.

and it was a good first round: BTC raised 90.20068175 ETH Raised 2,159.48470745

But I think there are already revenue of the second round here. Let's see how much it is at the end of the second round

It's a pretty good amount raised so far and the next milestone is achievable too, a lot of faith in this project as it deals with one modern fundamental human needs which is technology

I hope the trust of the big and small time investors here will paid off.
Not only the price increase after ICO but the real deal that they are trying to address.
We know that this is not the first project here that tackles the IoT industry but most of them had empty promises and they don't have the capability to make the project a reality.
The team just need to focus on what they can offer and seems that based from the roadmap, it's pretty feasible to implement and execute the items they put on their goals.

Topic: [ANN][ICO]ContractNet - At the intersection of Blockchain, IOT & SMART CONTRACTS - page 22. (Read 22848 times)