Topic: 🌟 [ANN][REAP] ReapChain - Secure and Transparent Blockchain-Based IoT Ecosystem - page 14. (Read 13972 times)
February 10, 2021, 05:33:14 AM
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
February 10, 2021, 05:12:11 AM
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
February 10, 2021, 04:50:22 AM
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
February 08, 2021, 06:32:39 AM
Standing committee nodes also will be rewarded and get 28% in total to the total 14 standing committee nodes 2% on each
February 08, 2021, 05:52:13 AM
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
February 07, 2021, 10:13:34 AM
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
February 07, 2021, 09:46:28 AM
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
February 07, 2021, 09:02:26 AM
It will be distributed among ecosystem participants by paying 1% a year over ten years according to their contributions
February 07, 2021, 07:19:23 AM
I heart that ReapChain will do additional reward for users and participants about 10% of incentive to vitalize ReapChain. Is it true?
February 05, 2021, 06:35:47 AM
REAP holders by the way also get reward to vitalize the ReapChain ecosystem. Thus, you can interest new investors and participants.
February 05, 2021, 06:09:51 AM
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 February 05, 2021, 05:47:14 AM
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
February 05, 2021, 05:23:06 AM
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 
February 05, 2021, 05:04:38 AM
I think that ReapChain aims to establish a structure where the users interactively participate and get rewarded. Good idea to involve more users
February 04, 2021, 08:01:34 AM
As I understand in ReapChain, anyone who holds REAP or participates in the ReapChain ecosystem can be rewarded
I think participants will be rewarded according to their contribution to maintain the ReapChain network through transaction verification and block generation February 04, 2021, 07:27:51 AM
As I understand in ReapChain, anyone who holds REAP or participates in the ReapChain ecosystem can be rewarded
February 04, 2021, 06:22:23 AM
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 February 04, 2021, 06:00:52 AM
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?
February 03, 2021, 12:52:48 PM
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 February 03, 2021, 12:33:18 PM
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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