Topic: [ANN][LMSI Token][BURST main net] (Read 244 times)
So are you planning to add more information in convenient format? Website, whitepaper, medium page and other social networks? It should look more professional
Financial report LMSI coin (Burst asset: https://explore.burstcoin.ro/asset/16296102952444293762 )
Income 2020.01.01 - 2020.01.31
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
16,9673241 BURST (rounded to 17)
Income 2020.01.31 - 2020.03.01
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
47,3056620689 BURST (rounded to 47,3)
Income 2020.02.01 - 2020.04.02
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
48 BURST
Income 2020.04.02 - 2020.05.02
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
16,04 BURST (rounded to 16)
Income 2020.05.02 - 2020.06.01
Tokens sold : 32
Asset issuer holds : 26
Reward / LMSI token:
44,5 BURST
Income 2020.06.01 - 2020.07.01
Tokens sold : 63
Asset issuer holds : 26
Reward / LMSI token:
40 BURST
Income 2020.07.01 - 2020.08.02
Tokens sold : 71
Asset issuer holds : 26
Reward / LMSI token:
29.76427 BURST (rounded to 29.76)
Income 2020.08.02 - 2020.09.02
Tokens sold : 71
Asset issuer holds : 26
Reward / LMSI token:
34,94055 BURST (rounded to 35)
Income 2020.09.02 - 2020.10.02
Tokens sold : 78
Asset issuer holds : 26
Reward / LMSI token:
41,57 BURST (rounded to 42)
just in case anyone stumbles up on this topic here.
this is the full financial report of the LMSI token.
from 2020.01.01 to 2020.09.02
the total payout / token is :
319,56 BURST / Token.
Income 2020.01.01 - 2020.01.31
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
16,9673241 BURST (rounded to 17)
Income 2020.01.31 - 2020.03.01
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
47,3056620689 BURST (rounded to 47,3)
Income 2020.02.01 - 2020.04.02
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
48 BURST
Income 2020.04.02 - 2020.05.02
Tokens sold : 3
Asset issuer holds : 26
Reward / LMSI token:
16,04 BURST (rounded to 16)
Income 2020.05.02 - 2020.06.01
Tokens sold : 32
Asset issuer holds : 26
Reward / LMSI token:
44,5 BURST
Income 2020.06.01 - 2020.07.01
Tokens sold : 63
Asset issuer holds : 26
Reward / LMSI token:
40 BURST
Income 2020.07.01 - 2020.08.02
Tokens sold : 71
Asset issuer holds : 26
Reward / LMSI token:
29.76427 BURST (rounded to 29.76)
Income 2020.08.02 - 2020.09.02
Tokens sold : 71
Asset issuer holds : 26
Reward / LMSI token:
34,94055 BURST (rounded to 35)
Income 2020.09.02 - 2020.10.02
Tokens sold : 78
Asset issuer holds : 26
Reward / LMSI token:
41,57 BURST (rounded to 42)
just in case anyone stumbles up on this topic here.
this is the full financial report of the LMSI token.
from 2020.01.01 to 2020.09.02
the total payout / token is :
319,56 BURST / Token.
A month has passed again, come and check out the payouts section.
LMSI is doing as good as allways.
https://discord.gg/5JM2GjV
LMSI is doing as good as allways.
https://discord.gg/5JM2GjV
https://discord.gg/5JM2GjV
2,nd payout, far better than first month.
over 3 times higher, still not too impressive.
The sudden change of BURST price into the 60 SAT region did take a bit off, but its still far better than the first month.
Come and join the discord channel, ask anything you like.
2,nd payout, far better than first month.
over 3 times higher, still not too impressive.
The sudden change of BURST price into the 60 SAT region did take a bit off, but its still far better than the first month.
Come and join the discord channel, ask anything you like.
https://discord.gg/5JM2GjV
The first reward payout has arrived. Not as impressive as it could had been, but the -sofar- lack of token sales limits the options.
Join us on discord , read the report, ask, and most importantly, have a nice day
the next report is on its way at the end of the month.
still no airdrops, no batshit crazy sell offers. The token has a fixed price as this is clean game.
The first reward payout has arrived. Not as impressive as it could had been, but the -sofar- lack of token sales limits the options.
Join us on discord , read the report, ask, and most importantly, have a nice day
the next report is on its way at the end of the month.
still no airdrops, no batshit crazy sell offers. The token has a fixed price as this is clean game.
------------------------------------------------------
HUGE update, the TOKEN has launched!
You can grab Yours at the Burst Asset Exchange, the ID is : 16296102952444293762
---------------------------------------------------------
A lot of news are on this way shortly.
First of all, the Token has already a founding consisting over 300 usd worth of coins that are already in the POS wallets,
and it seems more are coming.
The token can be purchased now, join Us on Discrod if You are not familiar with the Burst platform.
I gonna dig up some videos regarding how to obtain the Token if You wish so. But hurry up, only 30 are available,
and if it all gets sold, then You will have to eihter wait for next month, Or place a bid large enough to get someone to sell You.
HUGE update, the TOKEN has launched!
You can grab Yours at the Burst Asset Exchange, the ID is : 16296102952444293762
---------------------------------------------------------
A lot of news are on this way shortly.
First of all, the Token has already a founding consisting over 300 usd worth of coins that are already in the POS wallets,
and it seems more are coming.
The token can be purchased now, join Us on Discrod if You are not familiar with the Burst platform.
I gonna dig up some videos regarding how to obtain the Token if You wish so. But hurry up, only 30 are available,
and if it all gets sold, then You will have to eihter wait for next month, Or place a bid large enough to get someone to sell You.
Just a tiny bit update, 150 usd dollart worth of crypto has already been set to give a head start for this lovely token.
100% of this crypto will be used to purchase POS coins, and the income from POS will be added to the payout balance.
now ain't that just lovely ?
Yess, that is correct, this token is not going to issue airdrops, or have an initial offering. No discounts, no group buys.
I simply can not afford any tool that potential scammers have mastered to use for "pumping" their own token/asset/coin.
The decision was made as a result from asking random people all over different crypto channels.
It limits my marketing options, but i have faith that over time keeping a super clean record will reward at least some interest
Even if You are not interested in the project, you can still support by giving feedback. Don't be shy, any feedback has its use.
be it positive or negative. Or be it a straight forward accusation.
100% of this crypto will be used to purchase POS coins, and the income from POS will be added to the payout balance.
now ain't that just lovely ?
Yess, that is correct, this token is not going to issue airdrops, or have an initial offering. No discounts, no group buys.
I simply can not afford any tool that potential scammers have mastered to use for "pumping" their own token/asset/coin.
The decision was made as a result from asking random people all over different crypto channels.
It limits my marketing options, but i have faith that over time keeping a super clean record will reward at least some interest
Even if You are not interested in the project, you can still support by giving feedback. Don't be shy, any feedback has its use.
be it positive or negative. Or be it a straight forward accusation.
MISSION :
The LMSI token is intended to raise the value and or liquidity of Burst coin, and to allow the long term investors of the coin to earn additional income. -as Burst coin does not offer a proof-of-stake mining method-, and introducing a cheap alternative to the dominant ERC tokens.
HOW DID THIS IDEA EMERGE?
The LMSI token had a very basic and limited concept, but along the long way it evolved based on feedback from random persons over the discord network. Every single of the over 100 people asked mainly for negative review had something to shape and form the token to the point where i found it sufficient to release.
HOW IS LMSI GOING TO ACHIEVE THAT ?
Income from selling the LMSI tokens, and income from donations is spent to obtain other coins that have proof-of-stake mining available, the income from the proof-of-stake mining is then sold in exchange to obtain burst coins. Dividends are payed from this income. (simular to cold staking) This in turn will raise the liquidity of Burst coin, and creates a demand for the coin, therefore increasing both its utility value, and financial value.
WHY NOT JUST CHOOSE AN EXISTING SHARED MASTERNODE OR POS OPTION ?
If a user holds Burst coins, but would like to engage in proof-of-stake mining, then the user has to first sell the coins, and buy a different coin that has P-O-S mining available. When this happens, there is no demand created for Burst coins. For this reason the metrics of Burst are negatively affected. It translates to only sell orders, and no buy orders. If the LMSI token is used, then it translates to both sell and buy offers, along with the payouts translating into transactions on the Burst blockchain, increasing the profit for miners. Also, without LMSI token, users have additional costs in the following forms:
-exchange losses to sell burst and obtain a different coin. Sending coins have an associated transfer fee for the given network, many small payments are less economic than few but large transactions.
-there are numerous services that take care of the staked coins or run master nodes on behalf of users, however they quite naturally expect a fee, that contributes nothing to the value of the chosen coin. Instead, it contributes to the inflation of the chosen coin.
-The other possibility is running the master node or POS wallet by the user. In witch case the upkeep of a computer running 24/7 will consume mostly any gains over time. A third option is a VPS running the masternode or POS wallet, but even so the upkeep costs would outweigh the gains with small investments.
LMSI tokens make income without the user having to operate a VPS, or pay a dedicated service , or keep a computer running 24/7 , and does not contribute to coin inflation towards Burst coin. Instead the inflation of other coins is pumped into the Burst economy.
WHY CHOOSE BURST COIN , WHY NOT SOME OTHER BLOCK CHAIN ?
Burst has a stunning asset exchange, however be warned! This neat feature has been abused in the past to the point where people lost interest and trust towards it. But it is not the fault of the asset exchange it self, rather people who did not do any research and bought into all kinds of scam tokens. The asset exchange it self does provide all the required functionality. Also transfer fees for Burst are exceptionally cheap, making it ideal for the project. The user interface is simple, and clean. Many languages are supported , many operating systems also supported ,windows, linux ,mobile and MacOs. Also a web wallet is available straight from any browser, but keep in mind that web wallets are not suggested due to possible security risks involved. (expect for some webwallets ran by trustworthy operators) The platform is here, is ready, is mature, and absolutely deservs justice.
TOKEN DETAILS
Token name : LMSI (let Me Stake It)
Token standard: Burst Asset
Exchange : Burst Asset exchangeASSET ID : 16296102952444293762, Burst/LMSI (more to be announced)
Total supply : 500,000
Payout period : Monthly
Token price : 4000 Burst / LMSI token
Token sales income distribution:
100% to POS mineable coin purchase
Donations income distribution:
100% to POS mineable coin purchase
POS mining income distribution:
2% to Token issuer
2% to additional POS mineable coin purchase
2% to buyback orders
94% to pay monthly dividends
POSSIBLE TO SUPPORT/CONTRIBUTE/PARTICIPATE BY :
-donating (any Bittrex listed coin is accepted)
-purchasing LMSI token at the Burst Asset exchange (other exchanges may follow)
-participating with affiliate signups to various services
-donating computing power to pool mining to a donation account ( see website for details)
The LMSI token will be available for purchase, in limited numbers.
The first release will be 30 tokens. From then on, at each month sales will be under revision. If all sale orders of the issuer are filled in the first half of the given month, then the sales advance up one level. If the sell orders are only partially filled, then there is no change to the sales level. If not a single token is bought, then one step is taken down the ladder. If the sales order reach the starting level 1, no step is taken down. The ladder has 20% compounded steps, rounded down as below:
lvl 1 30 LMSI
lvl 2 36 LMSI
lvl 3 43 LMSI
lvl 4 51 LMSI
lvl 5 61 LMSI
and so on...
Sell orders from the asset issuer are not cumulative. As an example, if sell orders rise to lvl 3 (43 token on sale) and 5 tokens are sold in the given month, then 5 additional tokens will be set on sale by the issuer at the beginning of the next month.
This applies to every exchange where the LMSI token will be available at individually.
BUYBACK DETAILS
The 2% from the POS income will be spent to buy back LMSI tokens, however, buyback orders will only be available on the Burst asset exchange. If enough has been acuumlated from the 2% of POS income , the buyback will be listed. The buyback price of the token is 3999 Burst coin, the asset issuer will buy back the token. Tokens bough back are not eiligable to receive POS income.
PAYOUT DETAILS
Exchange accounts will not receive dividends. They are excluded. If You purchase the token using the Burst asset exchange, then it will be transferred to Your burst account, the account holding the token will be able to receive the dividend payout. If LMSI token will be listed on other exchanges, then you will have to withdraw them to a Burst account in order to receive payout. Accounts held by exchanges are not going to receive dividend payouts. Payout is made at every month, around the 1st day of the given month.
--The most important thing to note--
As a potential LMSI holder/investor/supporter you have to consider a few things, however. Let me point it out You are not ever going to buy a lambo, by holding a single LMSI token. If there would be any means possible to get a lambo from holding a single token that is sold for roughly (at the time of writing this) 15 usd or so, You can bet i would not hesitate to get a bank loan, and just make profit for Me, Myslef, and I. If you consider this as an investment, you need to keep in mind that it will take TIME , measured in YEARS to reach ROI. All and every service that can get you over 100% profit within months or weeks, are likely to be scam anyways.
WHEN WILL IT LAUNCH ?
IT DID ALLREADY YEEEEY
USEFUL LINKS
Join Me on Discord, tell Me what You think, Stay tuned and be READY
Discord : https://discord.gg/nWTTv3z
*/////////////////////////////////////////////////////////////////
// other links will be added. //
// A nice website, //
// links to Burst block chain //
// link to a trustworthy web wallet //
// information regarding purchasing the token it self //
///////////////////////////////////////////////////////////////*
The LMSI token is intended to raise the value and or liquidity of Burst coin, and to allow the long term investors of the coin to earn additional income. -as Burst coin does not offer a proof-of-stake mining method-, and introducing a cheap alternative to the dominant ERC tokens.
HOW DID THIS IDEA EMERGE?
The LMSI token had a very basic and limited concept, but along the long way it evolved based on feedback from random persons over the discord network. Every single of the over 100 people asked mainly for negative review had something to shape and form the token to the point where i found it sufficient to release.
HOW IS LMSI GOING TO ACHIEVE THAT ?
Income from selling the LMSI tokens, and income from donations is spent to obtain other coins that have proof-of-stake mining available, the income from the proof-of-stake mining is then sold in exchange to obtain burst coins. Dividends are payed from this income. (simular to cold staking) This in turn will raise the liquidity of Burst coin, and creates a demand for the coin, therefore increasing both its utility value, and financial value.
WHY NOT JUST CHOOSE AN EXISTING SHARED MASTERNODE OR POS OPTION ?
If a user holds Burst coins, but would like to engage in proof-of-stake mining, then the user has to first sell the coins, and buy a different coin that has P-O-S mining available. When this happens, there is no demand created for Burst coins. For this reason the metrics of Burst are negatively affected. It translates to only sell orders, and no buy orders. If the LMSI token is used, then it translates to both sell and buy offers, along with the payouts translating into transactions on the Burst blockchain, increasing the profit for miners. Also, without LMSI token, users have additional costs in the following forms:
-exchange losses to sell burst and obtain a different coin. Sending coins have an associated transfer fee for the given network, many small payments are less economic than few but large transactions.
-there are numerous services that take care of the staked coins or run master nodes on behalf of users, however they quite naturally expect a fee, that contributes nothing to the value of the chosen coin. Instead, it contributes to the inflation of the chosen coin.
-The other possibility is running the master node or POS wallet by the user. In witch case the upkeep of a computer running 24/7 will consume mostly any gains over time. A third option is a VPS running the masternode or POS wallet, but even so the upkeep costs would outweigh the gains with small investments.
LMSI tokens make income without the user having to operate a VPS, or pay a dedicated service , or keep a computer running 24/7 , and does not contribute to coin inflation towards Burst coin. Instead the inflation of other coins is pumped into the Burst economy.
WHY CHOOSE BURST COIN , WHY NOT SOME OTHER BLOCK CHAIN ?
Burst has a stunning asset exchange, however be warned! This neat feature has been abused in the past to the point where people lost interest and trust towards it. But it is not the fault of the asset exchange it self, rather people who did not do any research and bought into all kinds of scam tokens. The asset exchange it self does provide all the required functionality. Also transfer fees for Burst are exceptionally cheap, making it ideal for the project. The user interface is simple, and clean. Many languages are supported , many operating systems also supported ,windows, linux ,mobile and MacOs. Also a web wallet is available straight from any browser, but keep in mind that web wallets are not suggested due to possible security risks involved. (expect for some webwallets ran by trustworthy operators) The platform is here, is ready, is mature, and absolutely deservs justice.
TOKEN DETAILS
Token name : LMSI (let Me Stake It)
Token standard: Burst Asset
Exchange : Burst Asset exchangeASSET ID : 16296102952444293762, Burst/LMSI (more to be announced)
Total supply : 500,000
Payout period : Monthly
Token price : 4000 Burst / LMSI token
Token sales income distribution:
100% to POS mineable coin purchase
Donations income distribution:
100% to POS mineable coin purchase
POS mining income distribution:
2% to Token issuer
2% to additional POS mineable coin purchase
2% to buyback orders
94% to pay monthly dividends
POSSIBLE TO SUPPORT/CONTRIBUTE/PARTICIPATE BY :
-donating (any Bittrex listed coin is accepted)
-purchasing LMSI token at the Burst Asset exchange (other exchanges may follow)
-participating with affiliate signups to various services
-donating computing power to pool mining to a donation account ( see website for details)
The LMSI token will be available for purchase, in limited numbers.
The first release will be 30 tokens. From then on, at each month sales will be under revision. If all sale orders of the issuer are filled in the first half of the given month, then the sales advance up one level. If the sell orders are only partially filled, then there is no change to the sales level. If not a single token is bought, then one step is taken down the ladder. If the sales order reach the starting level 1, no step is taken down. The ladder has 20% compounded steps, rounded down as below:
lvl 1 30 LMSI
lvl 2 36 LMSI
lvl 3 43 LMSI
lvl 4 51 LMSI
lvl 5 61 LMSI
and so on...
Sell orders from the asset issuer are not cumulative. As an example, if sell orders rise to lvl 3 (43 token on sale) and 5 tokens are sold in the given month, then 5 additional tokens will be set on sale by the issuer at the beginning of the next month.
This applies to every exchange where the LMSI token will be available at individually.
BUYBACK DETAILS
The 2% from the POS income will be spent to buy back LMSI tokens, however, buyback orders will only be available on the Burst asset exchange. If enough has been acuumlated from the 2% of POS income , the buyback will be listed. The buyback price of the token is 3999 Burst coin, the asset issuer will buy back the token. Tokens bough back are not eiligable to receive POS income.
PAYOUT DETAILS
Exchange accounts will not receive dividends. They are excluded. If You purchase the token using the Burst asset exchange, then it will be transferred to Your burst account, the account holding the token will be able to receive the dividend payout. If LMSI token will be listed on other exchanges, then you will have to withdraw them to a Burst account in order to receive payout. Accounts held by exchanges are not going to receive dividend payouts. Payout is made at every month, around the 1st day of the given month.
--The most important thing to note--
As a potential LMSI holder/investor/supporter you have to consider a few things, however. Let me point it out You are not ever going to buy a lambo, by holding a single LMSI token. If there would be any means possible to get a lambo from holding a single token that is sold for roughly (at the time of writing this) 15 usd or so, You can bet i would not hesitate to get a bank loan, and just make profit for Me, Myslef, and I. If you consider this as an investment, you need to keep in mind that it will take TIME , measured in YEARS to reach ROI. All and every service that can get you over 100% profit within months or weeks, are likely to be scam anyways.
WHEN WILL IT LAUNCH ?
IT DID ALLREADY YEEEEY
USEFUL LINKS
Join Me on Discord, tell Me what You think, Stay tuned and be READY
Discord : https://discord.gg/nWTTv3z
*/////////////////////////////////////////////////////////////////
// other links will be added. //
// A nice website, //
// links to Burst block chain //
// link to a trustworthy web wallet //
// information regarding purchasing the token it self //
///////////////////////////////////////////////////////////////*
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