Topic: [ANN][IPO] Numus (Pow/Pos - Scrypt-Jane) | Decentralized Exchange |Cloud Storage - page 15. (Read 19934 times)

Thank you !
take a seat!sent later

well, I have saw the whole video , it's a more professional video than other coin.
So let us waiting and watching.
See what happens.

We shall not be using escrow for the IPO, simply due to the fact we have no guarantee that the individual who is providing the escrow will keep the funds safely and not take the funds that have been raised and run away with them.

Due to a large amount of concern regarding escrow, we have contracted Anon136 an escrow agent who has provided escrow for other IPO's such as EdgeCoin and exoCoin who will be providing optional escrow for Numus' IPO.

privacy reasons? Unless you are Satoshi Nakamoto, there is no need for this. Are you planning on an escrow for the IPO? if there is no escrow, then you are a scammer, plain and simple.

No info about how fast the block reward decreases. (in time)
No formula for block reward.
No way to know the effective size of the premine. (how long does it take to catch up for the miners)

These are infos, that the investor, and miner MUST know.

Conclusion: SCAM

We have kept our identities unknown, mainly for privacy reasons. Please take a look at what we have posted first before prematurely making accusations solely based on the fact that we are offering an IPO.

lets see:

IPO
unknown dev

NO NO NO NO

take your scam, and shove it where the sun don't shine.

humus ?

Another IPO scam?

0 post account. Who are you?

One of the foremost problems with current crypto-currencies is marketing. All cryptocurrencies barring Bitcoin and Dogecoin suffer from this problem as their target group are computer enthusiasts who need to have some technical knowledge to make use of their cryptocurrency.
This closes off the use of their cryptocurrency to the general public.  

Bitcoin and Dogecoin on the other hand have profited from having a wider target group compared to other cryptocurrencies. Dogecoin in particular due to its memebase and accessibility has attracted a wider target audience than Bitcoin. This has helped form an enthusiastic and vibrant Dogecoin community which has helped Dogecoin grow through community based efforts such as sponsoring the Jamaican Bobsled Crew at the Winter Olympics

Numus on the other hand will be marketed through a series of campaigns to generate interest and inform newcomers to cryptocurrencies about Numus. The target audience of these campaigns will be the general public.





Synonymous with the problem of marketing is the problem of accessibility. All newly launched crypto-currencies suffer from this problem whereby general users who attempt to make use of these newly launched currencies can’t do so simply because they lack the technical knowledge.

If we take a look at Bitcoin in its early stages, there were only a handful of users who had the technical knowledge to mine Bitcoins and make use of them. Those who were interested in Bitcoin but lacked the technical knowledge to make any use of it had to wait for a long period before Bitcoin became more accessible to the general public through services such as Coinbase and the now insolvent Mt.Gox

With Numus we aim to target the average person rather than just computer enthusiasts and tech junkies. We want people with little to no technical knowledge on crypto-currencies to be able to make use of Numus easily. We have developed Numus with ease of use and accessibility in mind to allow the general public to adopt Numus at an earlier stage.





Mobile payments is a problem faced by both fiat and crypto-currencies alike. Fiat services such as PayPal and Stripe have attempted to enter the mobile market, but with little success. The reason behind the downfall of fiat-based services in the mobile market, is the number of factors involved in the payment process.

To make a payment in a store with your cellphone a lot of things need to be catered for. The phone needs to be properly equipped with NFC hardware and software; the store needs to have the proper equipment and training. The phone company needs to support the transaction, and banks and payment processors need to be in on it.

With Numus and other crypto-currencies alike, we can remove a lot of factors from the payment process which services such as PayPal and Stripe are plagued by. Numus discards the need for banks and payment processors as well as the need for a carrier to support the transaction.

Numus will only need 3 factors to make a payment, our mobile wallet for your cellphone to pay with your funds.  A desktop or mobile wallet to receive the payment and an internet connection to transfer the funds from your wallet to theirs. In cases where a user has a NFC equipped device offline transactions can be made meaning that you won’t need an active internet connection to make the payment.

Existing crypto-currencies have failed to gain traction in the mobile sector as a result of poorly developed / non-existent mobile wallets and few merchants willing to accept the currency as a result of poor marketing or a combination of both.











Proof-of-work specifications

• Algorithm : Scrypt-Jane
• Initial Block Reward : 400 (For each 16x increase in the network, the block reward is halved)
• Block Time :  10 minutes
• Difficulty Retarget : 2 Hours
• Hard Cap :  1 Billion Coins

Money supply


The change of Numus' money supply is determined by:

• Proof-of-work mining (increases supply)
• Proof-of-work difficulty (higher difficulty decreases reward per block)
• Number of transactions (more transactions decrease supply because of the current  0.01 NMS transaction fee)
• Proof-of-stake system (increases supply at a rate of up to 1% per year)

Hence:

• The more people are mining, the smaller the block reward gets. This is intended to decrease energy consumption in the long term.
• The more people are using Numus as a currency and exchange them, the more coins will be destroyed as transaction fees.
• The more people are saving Numus, the nearer the PoS inflation will be to 1% per year, (approximately compounding every 520 blocks, or about once per month).
• The actual money supply curve is totally dependent on market interest, user adoption, and the price of Numus.

UPDATE


STAGE 1 : CLOSED (40% greater ROI over Stage 2 Investors)
STAGE 2 : CLOSED

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