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Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released - page 110. (Read 1356140 times)

hero member
Activity: 564
Merit: 500
Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...

Cheap coin to get discounted commodity from developers that are basically geniuses and ethical? This is potentially great investing! This coin went hiding but they didn't stop working! 
legendary
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
Ok, to participate in VRM ICO you need to have VRC.
I suppose it is best time to hoard some cheap VRC in advance now, before others start...
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

1. What percentage of the VRM supply will be available for ICO?

Still determining this based on mining requirements etc.

2. What will the ICO funds be used for?

The funds will largely be saved for long term usage on likely infrastructure, development, projects and collaborations.  All usage of funds will be publicly and transparently voted for by the core community at vericoinforums.com, which anyone can be a member of.  There are some post requirements and such for voting though.

3. And what is the incentive for people taking part in the ICO?

The ICO will likely be a first come, first serve tiered discount (probably starting at 40% discount) on what we estimate the value of Verium to be based on the 10x lower total supply ratio with VeriCoin and it's price at the time of the ICO.
hero member
Activity: 564
Merit: 500
1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

Good questions, i want to now the answers as well Smiley

Damn its been a LLLOOOONNNNGG time.  The devs would be able to answer this way better then myself but I will answer to the best of my knowledge.

1) Maintenance of things like verbit, marketing promotion to further adoption, development
2) There are talking a 40% discount of verbit, if I understand its a 10:1 ratio
3) To get verium at a discounted prices instead of a 10:1 ratio its 6:1

Like I said this is from what I have gathered I know everything has not been hammered out yet.  Think if gold was $1 and you can buy it for 60 cent on the dollar that's a nice deal.  There's only going to be a little over 2 million Verium and with the developers keep working to improve the coin this isn't going no where anytime soon.  Verium and Vericoin are going to keep growing maybe slow but still growing non the less with some pretty smart people behind it.  With the way bitcoin transaction times are compared to Vericon this is a true currency competitor, with the security and scarcity of verium in relation to vericoin this is a potential game changer.  
full member
Activity: 210
Merit: 100
Vericoin is cheap right now,It is a great opportunity to bargain.
You're right. Smiley
Right now is the best time to get your hands on some VeiCoin.
legendary
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.

Good questions, i want to now the answers as well Smiley
sr. member
Activity: 392
Merit: 250
Looking for shmexy coins!
1. What percentage of the VRM supply will be available for ICO?

2. What will the ICO funds be used for?

3. And what is the incentive for people taking part in the ICO?


Can somebody from the dev team please answer these 3 questions? I am sure a lot of people want to know the answers. Thanks you very much.
full member
Activity: 123
Merit: 100
Vericoin is cheap right now,It is a great opportunity to bargain.
sr. member
Activity: 400
Merit: 250
Looking good! Will be following the developments!
hero member
Activity: 630
Merit: 500
Posts: 69
Still the best and most useful crypto wallet out there.   Cannot wait to see even more about Verium
sr. member
Activity: 392
Merit: 250
Looking for shmexy coins!
Welcome back guys and good luck! It's nice to see somebody focused on improving digital currency as a currency and not as basically anything else.
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
Post of new first thread
hero member
Activity: 761
Merit: 505
VeriCoin & Verium Creator/Developer
VRM mining algo and ICO e.t.a.?
Also, you can only invest in VRM ICO with VRC?
Yes you can only get VRM in ICO with VRC.  Date of ICO coming soon but it will likely be in July, release of Verium shortly thereafter.
legendary
Activity: 1092
Merit: 1000
Hyperspace snail
legendary
Activity: 1354
Merit: 1020
I was diagnosed with brain parasite
sr. member
Activity: 432
Merit: 250
VRM mining algo and ICO e.t.a.?
Also, you can only invest in VRM ICO with VRC?
full member
Activity: 210
Merit: 100
Thank you @effectstocause for updating this forum and making this thread live again. I hope our new viewers of this thread will see the new original post and see what the developers have been working on.

Let's get this ball rolling again! VeriCoin is back, and we brought something new.
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
Who runs the vericoin forums? I love the widget with the network information. Job well done.

I created the stats widget; glad you like it!

Here's a stand-alone version that allows you to customize the text that appears in the browser tab for at-a-glance checks:

https://www.vericoinforums.com/stats/

Looks like I need to fix the value increase/decrease arrows. ::grumble::

Super clean. Not many people go with Xenforo. Are you caching the results for the widget?
full member
Activity: 236
Merit: 100
¿ʇɐɥʍ
Who runs the vericoin forums? I love the widget with the network information. Job well done.

I created the stats widget; glad you like it!

Here's a stand-alone version that allows you to customize the text that appears in the browser tab for at-a-glance checks:

https://www.vericoinforums.com/stats/

Looks like I need to fix the value increase/decrease arrows. ::grumble::
hero member
Activity: 532
Merit: 500
Why do wallets not auto-update like the browsers?

Because they were not designed for doing such.
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