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Topic: 🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem - page 14. (Read 13979 times)

newbie
Activity: 15
Merit: 0
Good idea to do the same lock up period for Early Contributors as for founders and team members. I think it is good for token as it will be locked for some time
newbie
Activity: 13
Merit: 0
One big moment that tokens will be distributed among Early Contributors according to their contribution. Mean you will not get much if you don't do anything
brand new
Activity: 0
Merit: 0
Bad that I didn't know about Reap from the beginning because 5 % of the total REAP will be allocated to Early Contributors. It is not small amount
brand new
Activity: 0
Merit: 0
Standing committee nodes also will be rewarded and get 28% in total to the total 14 standing committee nodes 2% on each
newbie
Activity: 10
Merit: 0
Is there is any lock up period for tokens which will be allocated to the founders and team? 7% is still pretty big amount as for me and it can has influence on token
brand new
Activity: 0
Merit: 0
7% of the total REAP tokens will be allocated to founders and team members. I think 7% is a good amount, not too much and not small
newbie
Activity: 20
Merit: 0
It is smart that 10% of the REAP tokens will be paid as an incentive to standing committee nodes and steering committee nodes among ecosystem participants
brand new
Activity: 0
Merit: 0
It will be distributed among ecosystem participants by paying 1% a year over ten years according to their contributions
brand new
Activity: 0
Merit: 0
I heart that ReapChain will do additional reward for users and participants about 10% of incentive to vitalize ReapChain. Is it true?
newbie
Activity: 19
Merit: 0
REAP holders by the way also get reward to vitalize the ReapChain ecosystem. Thus, you can interest new investors and participants.
jr. member
Activity: 52
Merit: 1
So as I understand REAP token serves as a fuel in the ReapChain ecosystem right? It should be one of the main usage of it
You are right, transaction fee is paid as reward or incentive to holders of REAP or participants who maintain the ReapChain network
newbie
Activity: 5
Merit: 0
So as I understand REAP token serves as a fuel in the ReapChain ecosystem right? It should be one of the main usage of it
brand new
Activity: 0
Merit: 0
I think that ReapChain aims to establish a structure where the users interactively participate and get rewarded. Good idea to involve more users
It is good because in this case there will be a circle in which the IoT infrastructure will be enriched and IoT industry will be flourished Smiley
newbie
Activity: 24
Merit: 0
I think that ReapChain aims to establish a structure where the users interactively participate and get rewarded. Good idea to involve more users
brand new
Activity: 0
Merit: 0
As I understand in ReapChain, anyone who holds REAP or participates in the ReapChain ecosystem can be rewarded Smiley
I think participants will be rewarded according to their contribution to maintain the ReapChain network through transaction verification and block generation
brand new
Activity: 0
Merit: 0
As I understand in ReapChain, anyone who holds REAP or participates in the ReapChain ecosystem can be rewarded Smiley
brand new
Activity: 0
Merit: 0
As I understand Reapc has PoW (Proof-of-Work) and PoS (Proof-of-Stake) systems. Both has own nodes. How does this nodes are rewarded in the system?
I read in one of the last articles that in the PoW the nodes in which mine blocks get rewarded and in the PoS - nodes get rewarded only by depositing cryptocurrencies
brand new
Activity: 0
Merit: 0
As I understand Reapc has PoW (Proof-of-Work) and PoS (Proof-of-Stake) systems. Both has own nodes. How does this nodes are rewarded in the system?
brand new
Activity: 0
Merit: 0
What ReapChain aims at as a platform and economy business model in the future? What it want to give to it's users?
Well I read that they aims for a platform sharing economy business model providing economic incentives to the participants of blockchain
newbie
Activity: 9
Merit: 0
What ReapChain aims at as a platform and economy business model in the future? What it want to give to it's users?
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