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Topic: [ANN][PoS][CSN] CRESCENT NETWORK TOKEN - WORLD'S FIRST MULTI-USE POS TOKEN - page 22. (Read 5567 times)

newbie
Activity: 2
Merit: 0
Is there an estimate on the cost of mining with the tokens?

The amount of tokens (CSN) required to perform a basic job (100 teraflop/hour order) will be inversely proportional to the crescent network token's market value. So as the price of crescent token increases, the amount of crescent required to mine decreases. We will place a self updating model, that takes the new market price of the token daily.

That's good.  Do you think it would be comparable, less expensive, or more expensive for people to mine with this service vs buying asic miners?

The crescent network token derives its value from the mining facility, as it is also a PoS token, most will stake the tokens, while some members will mine certain coins. We plan on including the crypto currencies which are easier to mine and are more profitable. This operation just allows you to use the network without any contract and hence as time goes by, as the value of token increases , mining becomes more profitable. This will be much easier and profitable to use than get the asics , pour huge investments in a depreciating good that loses value over time. While the value of crescent will rise as the adoption of the token rises.

Can we see the Staking function on this project right now ? how much per year %?
If don't know. It's hard to estimate this projected future.
member
Activity: 101
Merit: 10
Very interested on your project, I want to know how the mining would go, and is this an existing project? Anyway I'll be looking forward for your project, you have a very well laid out plan on this thread. Thanks Dev team.
newbie
Activity: 64
Merit: 0
Just found you on twitter and I was amazed to see the potential of this project. I won't let this opportunity to go away and I'm in Smiley
newbie
Activity: 150
Merit: 0
are newbies are welcome to this project? this is a great project i think. i wish we newbie's are allowed for this great project!
newbie
Activity: 3
Merit: 0
Watch out for this project.  Its a complete scam.  The dude bought a box of graphics cards and trying to pimp a coin.  Make sure you check this out thoroughly before investing. 

Do you read full the details on this project?
Don't said SCAM anytime.
newbie
Activity: 104
Merit: 0
Reserved! I would be watching this project and closely.
newbie
Activity: 3
Merit: 0
I'm little fans form eZec. Could we see the PoS function on the smart contract  ?
Cause it seems not in there right now.
hero member
Activity: 924
Merit: 526
GIF by SOCIFI
A crypto mining facility combined with an AR game and a marketplace for the ecosystem, an interesting combination. A very fair hard cap too! Will keep an eye out on this, good luck!
newbie
Activity: 3
Merit: 0
Creating project based on Mining,
so everybody can mine many cryptocurrency using CSN platform.
lately we could see many cloud mining went offline.
it's because of they're running it and they could not generate a profit from their service.
so how could you survive ?

also you want to create a game that can generate an income for the users,
and make a program similiar to Pokemon GO.
that mean we need to find the 'money' on the street ? like we're finding a pokemon ?
do you know that,Pokemon GO is banned by some countries due to problem and risk when we're playing it ?
how to solve that ?

The purpose of CSN isnt limited to mining, we measure our computing capacity in TeraFlops, the mining works as a proof of concept and will show the investors our computing power. CSN doesn't need to be profitable, not does it claim profitable mining, we are a utility token that provides people a way to liquidate their assets without selling.

The real case uses of CSN will be simulations, AI and other complex applications that are needed by research institute, also graphical rendering services can be provided to indie movie/game devs. There is an ocean of opportunity and applications. While being idle, it will mine cryptos that wait in queue.


Regarding the game, we are placing a faucet and a simple story driven team game, which is minimalistic and has certain safe points set (parks and public places) where the tokens will appear. This is creates in such a way that there is no "rare" pokemons that make poeple create chaos and problems. Rather it allows people to work together and meet up in local parks and gardens. More safety features and details will be released soon.

Sounds great to this strong backup.
But if project token does not make profit for project. It make this project so stranger, i hope to see clear roadmap .
full member
Activity: 476
Merit: 100
I believe this project will be a successful project once it fully launches into the market. Goodluck to the team.
an interesting project, and great if this project can be developed in the future. we see how the team is working hard to develop the project
It became an outstanding project later. success is always for this project.
newbie
Activity: 38
Merit: 0
This should be interesting, good luck team..
newbie
Activity: 9
Merit: 0
I feel the beginning of a wonderful. The concept is impressive.
newbie
Activity: 3
Merit: 0

I waited a long time for your project and finally waited.

I asked your site for a lot of interesting information that in others you will not find it

Same thought, it just amazing and solid project.
Keep update and eyeball on this project!
newbie
Activity: 308
Merit: 0
I'll like to know more about this project and the expected date of full implementation. This is an existing project or a startup? Also what coins would be available for mining?
Good luck!
newbie
Activity: 3
Merit: 0
Happy to hear this. Very nice vision. This project will be a good gainer in the future. Glad to be a Holder of CSN.Feel bad for the ones that could not follow the announcements for the swap. There was Plenty of time for all to do so. You guys can only give so many breaks before having to move forward. Keep up the great work Crescent team!

I also have a little amount on this project Holder, glad to see this huge progress to be nice one !
full member
Activity: 246
Merit: 100
I think this project will be here for the long run, really looking forward if they can put the things they envision into reality
newbie
Activity: 4
Merit: 0
Creating project based on Mining,
so everybody can mine many cryptocurrency using CSN platform.
lately we could see many cloud mining went offline.
it's because of they're running it and they could not generate a profit from their service.
so how could you survive ?

also you want to create a game that can generate an income for the users,
and make a program similiar to Pokemon GO.
that mean we need to find the 'money' on the street ? like we're finding a pokemon ?
do you know that,Pokemon GO is banned by some countries due to problem and risk when we're playing it ?
how to solve that ?

I want to know the answer also, coz really many country block AR game after Pokemon.
newbie
Activity: 84
Merit: 0
I believe this project will be a successful project once it fully launches into the market. Goodluck to the team.
newbie
Activity: 5
Merit: 0
Hi there,

is there an ico or preico?

Thanks,
newbie
Activity: 3
Merit: 0
The overall project idea seems fantastic, one of its kind. Can you explain the AR game in more detail?

Thank you for kind words. Regarding the AR game, the idea is to create a faucet that will allow people to earn crescent network tokens (CSN) , this gives us more exposure and allows normal users who are not used to block chain technology to get familiar with it. This also creates more interest and helps us boost marketing at the same time. The idea is to create a simple treasure hunt type game that allows users to hunt CSN tokens near their geographical area. This also makes people explore their neighborhood and promotes exercise. The game will be a simple geo location based game.

Is this AR game will look like a Pokemon ? Sound really interesting.
Hope see the detail coming soon .
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