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Topic: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO] - page 15. (Read 33430 times)

newbie
Activity: 20
Merit: 0
All MRT pools down. Looks like a BC issue, as said on the Discord channel. Any info about that ?
core team is fixing that right now, should be back soon, there seems to be a bug in the getblocktemplate rpc call
newbie
Activity: 41
Merit: 0
All MRT pools down. Looks like a BC issue, as said on the Discord channel. Any info about that ?
newbie
Activity: 9
Merit: 0
I have been mining Merit for a few months now and it is truly an amazing project. The software is easy to use and intuitive and with one click cpu/gpu mining inside a super clean desktop wallet with cross platform integration you are looking at the most user friendly crypto on earth. On top of all that great core software you now have a full blown P2P Escrow called Merit Market where you can instantly link your Merit Wallet and buy/sell Merit for BTC now with a safe, decentralized system with plans for ETH FIAT and more ALTS coming! If you are excited just like me and 1000's of other people then just click my invite link and I can get you setup with the wallet downloaded and you mining in just a few minutes! https://wallet.merit.me/?invite=keepwatukill Please send me a direct message or I will not approve. I will give you 1 Merit to get started and answer any specific questions you have!
jr. member
Activity: 49
Merit: 2
Good night,  What will be transaction fees, when all this conversions kick in? What is the minimum to invest in the plan? What will be incentives for the merchants?

What will be transaction fees - At the moment, https://market.merit.me is the only marketplace for trading MRT. MRT is trading at 4700 sats right now. 0.75% is charged as txn fees for trading in the market.
What is the minimum to invest in the plan - There's no ICO. So no investment.
What will be incentives for the merchants - No sure about merchants. But ease of txns (between aliases) and proof-of-growth rewards come first to mind.
newbie
Activity: 27
Merit: 0
Good night,  What will be transaction fees, when all this conversions kick in? What is the minimum to invest in the plan? What will be incentives for the merchants?
jr. member
Activity: 70
Merit: 2
Good night all!
I read that 3 page whitepaper first before browsing through the posts here.
I got few question in the whitepaper but all got cleared up when I started browsing the forum post.

Glad we could help! Please post if you have any questions about Merit Whitepaper or Bluepaper!
newbie
Activity: 56
Merit: 0
Hey guys. I have just one question to you. What is the amount or percentage of funds from ICO that will be alocated for advertising and marketing?

THough the core team will answer this I am sure, i have been around since about April and the thing i notice that makes this stand aside from the usual projects that appear here is the methodical, measured and constructive way that this is being progressed. It is not shilling ( although some of us do i admit Tongue) its product it is slowly building up. I guess its the advantage of having a full team and the guys at the top having a background in business as well as coding/IT. I know that doesnt answer your question but with the way this project has progressed i have confidence that its in good hands. ( and yes we would all like to see it as the first advert for cypto on Tv!)

And kamo is right it wasnt an ICO, waht ever is for sale has been mined or rewarded to miners not the team, they are using their own funds at the moment, the genisis block is for later Smiley
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Hey guys. I have just one question to you. What is the amount or percentage of funds from ICO that will be alocated for advertising and marketing?

0% of funds from ICO go to marketing. 0% of funds from ICO go to development. 0% of funds from ICO go to ICO.

no ICO! No ICO funds  Grin
Jon Dee, the project is a self funding project and they have set aside a sum of $1million to fund the project. However, the project was created to bring back the decentralized that was taking away from cryptocurrency and to make cryptocurrency seamless as payment or currency.
Read this merit post so you could understand better and if you need an invitation to join.
jr. member
Activity: 70
Merit: 2
Hey guys. I have just one question to you. What is the amount or percentage of funds from ICO that will be alocated for advertising and marketing?

0% of funds from ICO go to marketing. 0% of funds from ICO go to development. 0% of funds from ICO go to ICO.

no ICO! No ICO funds  Grin
newbie
Activity: 1
Merit: 0
Hey guys. I have just one question to you. What is the amount or percentage of funds from ICO that will be alocated for advertising and marketing?
jr. member
Activity: 70
Merit: 2
Oh, dear developers, please be in a hurry with the miner for the amd Embarrassed This project was very interesting to me, and I don't want to miss the moment right at the beginning of the movement.
They are working on AMD, but at the moment the results are very, very low compared to Nvidia.
Hi guys!
Is there any updates about GPU miner for AMD video cards ?


I have not seen an update yet for AMD - The performance during testing I have heard is simply horrible on the algorithm so far. If you want to keep an eye on discord/telegram I am sure someone will find a way someday. not many projects are using Cuckoo algo.
newbie
Activity: 1
Merit: 0
Very much people talk about revolution technology which provide EOS but nobody cannot talk me, what is it, may be somebody can help me to open eyes?
sr. member
Activity: 1622
Merit: 270
Undeads.com - P2E Runner Game
Oh, dear developers, please be in a hurry with the miner for the amd Embarrassed This project was very interesting to me, and I don't want to miss the moment right at the beginning of the movement.
They are working on AMD, but at the moment the results are very, very low compared to Nvidia.
Hi guys!
Is there any updates about GPU miner for AMD video cards ?
newbie
Activity: 3
Merit: 0
Hi, actually for GPU miners is a bad period, ASICs and very low coins value push to do a choice. I've mined on Nicehash for a lot of time but now the profit is negative and I prefer the mining for a project with good possibilities and serious developers (the wallet and the market have surprised me for example). I don't know if this is the right choice, but for me is surely the best. To see this project denigrated here on the forum is very sad... not to say anything else...

Here my link to join the project (1 invite ready now): https://wallet.merit.me/?invite=Jupiter
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
So are all you guys Merit Bag Holders or something? Shilling to the max and defending one another. Maybe its the same person using multiple accounts? who knows. Be aware of this project!!!! It stinks of pyramid/scam!!!!!!!
I just want to echo that this "applesauced" person seems to have created an account ONLY to shit-talk this coin.

All for free speech, but maybe you should do this from your real account.  It might give you more credibility.

Don't mind him cause that's how people like him does they opened an alt account just to spoil a good project and no matter shit talk he said it won't affect the bullish of merit project. However, this was the exact thing that also led to the 51% attack issues and I wonder when the crypto currency community will start seeing each other as neighbor not enemies.
sr. member
Activity: 854
Merit: 253
So are all you guys Merit Bag Holders or something? Shilling to the max and defending one another. Maybe its the same person using multiple accounts? who knows. Be aware of this project!!!! It stinks of pyramid/scam!!!!!!!
I just want to echo that this "applesauced" person seems to have created an account ONLY to shit-talk this coin.

All for free speech, but maybe you should do this from your real account.  It might give you more credibility.
copper member
Activity: 38
Merit: 0
Hey,
Do I need to pass KYC to participate in Airdrop or Bounty? And What is the story behind the name of your project, what does it mean??

There's no airdrop bot-kun, there are some bounties here and there tho, none with KYC of sorts. The name means what it says, a project which wants to reward merit, as in, the growth of the network and the adoption.
newbie
Activity: 14
Merit: 0
Hey,
Do I need to pass KYC to participate in Airdrop or Bounty? And What is the story behind the name of your project, what does it mean??
jr. member
Activity: 70
Merit: 2
I see that there is at least one troll on the thread.  I won't quote their comments because that will just give them more air-time than they deserve.  One thing I noticed was that this person makes the claim that "invites" are at a steady distribution rate.

I, for one, actually read the bluepaper.  And in section 4.6, it clearly highlights how invites are distributed.  It's not steady-state at all.  There are three separate lotteries that distribute invites...

https://www.merit.me/uploads/2018/bluepaper.pdf

Again, I have voiced some concerns and open questions about this project earlier in the thread.  I'd still love to see those answered by a member of the team.  

But I don't think it is at all fair or appropriate to spread misinformation about the project.

I admit- I spied on the past posts I could find  Wink  -  I am not on the team BUT I am sure they are lurking and can answer . - is my recap of your open questions/concerns accurate?

1- Why did they decide not to do an ICO when they obviously have something that could have won big?

2- Why go straight to live- net when they could have used the time to dev and build hype?

3- What's the future plan for the market?

4- For Merit to win, crypto needs to win- the timing of this during bear market is risky


***My non-team opinion/perspectives/replies***

1 -  To get a vibe of the founder you can search "Adil Wali" on youtube and see him speak his mind on many topics. Check out this video called "
ICOs are Dead; Long live ICOs" :  https://youtu.be/-eL_417CYZI

2 - I would guess they got live-net up to speed for a few reasons- get something usable out there to help the proof of concept to become a reality + improve the speed to market (no one likes a project that sits in testnet for 2 years or those dumb PC games now that are $60 for alpha release)

3 - I know you got a reply about the market (by me  Grin ) -  but I know the core team has spoken about the market being a primary onramp. so other ALTs and Fiat to-be-supported. This would help the non-crypto get on ...while the other crypto ppl like us would eventually see MRT on other exchanges too

4- I think it's a great point that Merit has some nice usability features that push it ahead of other projects, but crypto as a whole needs to win and overall adoption of NEW users will launch Merit (and crypto) forward.


I hope that helps and holds you over until a member of the core team stops coding and reads/replies!
member
Activity: 80
Merit: 10
Hello,

3 invites left to unlock a Merit Wallet, will be keeping an eye on it daily to activate asap.  You may also send me a PM.

https://wallet.merit.me/?invite=saher
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