[ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released - page 122.

warr1979

hero member

Activity: 564

Merit: 500

Quote from: Elevated on July 20, 2016, 01:06:50 PM

I'm having some difficulty understanding the phase 2 distribution language, "18 days with 10 VRC/VRM minimum price of your share of total VRC raised is your fraction of 350,000 VRM." I assume given the phase 1 sellout that all 350,000 VRM will sell in phase 2 as well. So in that case, is the price simply 10 VRC/VRM?

Also, when is it expected that VRM would be available for trade on exchanges?

Thank you.

From my understanding it's 10 VRC for 1 VRM up to 350,000 then its proportional so if more then 3,500,000 VRC are used to buy VRM then it's less then 10 for 1

Elevated

newbie

Activity: 37

Merit: 0

I'm having some difficulty understanding the phase 2 distribution language, "18 days with 10 VRC/VRM minimum price of your share of total VRC raised is your fraction of 350,000 VRM." I assume given the phase 1 sellout that all 350,000 VRM will sell in phase 2 as well. So in that case, is the price simply 10 VRC/VRM?

Also, when is it expected that VRM would be available for trade on exchanges?

Thank you.

MAD945

hero member

Activity: 658

Merit: 500

Quote from: BitcoinNational on July 20, 2016, 01:34:20 AM

cuz,
ICO is trending. So 5% premine = bad. 100% = shut up and take my money!

Still the intention looks to be funding 'the project', with VRC raised.

However, I've wasted nearly 1hr trying to find the straight forward 101 info on what exactly is VRM.
I can only conclude that it is vaporware but likely intended to be a clone of the Nubits/Nushare model.

Can you even read? There is no pre mine!

All the info is available you just didn't bother trying

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Hey guys been reading some complaints about system. We did GMT because it is the Universal standard time, or as fair as we can do, and it is what the blockchain uses, so it is clear on which day your investment came in on. We had a timer running for days to make sure people would know exactly when it started, because it was first come first serve. We did not expect to sell out this fast and that resulted in anyone who was not fully focused on it missing out, but this is the result of the market with all given the same information. In fact after the almost 40% drop in the price of VRC post phase 1, you can get a VRM for the same price in USD you could yesterday at 6/1 assuming an approximate 10/1 in phase 2.

warr1979

hero member

Activity: 564

Merit: 500

That being said to thoses who feel they got burned what would make you feel better about phase 2?? Not saying there going to change the plan but m let's have a discussion instead of being all upset and calling everything a scam.

warr1979

hero member

Activity: 564

Merit: 500

Just because you didn't take time to research. Doesn't mean it's a scam!! Sorry your ADD kicked in and you were out chasing every wave. There information on two threads here and on the vericoin forum.

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

Quote from: BitcoinNational on July 20, 2016, 01:34:20 AM

cuz,
ICO is trending. So 5% premine = bad. 100% = shut up and take my money!

Still the intention looks to be funding 'the project', with VRC raised.

However, I've wasted nearly 1hr trying to find the straight forward 101 info on what exactly is VRM.
I can only conclude that it is vaporware but likely intended to be a clone of the Nubits/Nushare model.

Did you read this topic? It has most of the info. https://www.vericoinforums.com/threads/explaining-verium-information.1331/

100% premine? Better get your facts straight before making conclusions.

TenaciousC

hero member

Activity: 608

Merit: 500

Quote from: MAD945 on July 20, 2016, 12:58:52 AM

Wow Phase 1 sold out in 3 hours!

350 BTC invested Cool

Yup, seems some big players got VRM almost half the price plebs will pay... get ready for some serious manipulation Wink

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

cuz,
ICO is trending. So 5% premine = bad. 100% = shut up and take my money!

Still the intention looks to be funding 'the project', with VRC raised.

However, I've wasted nearly 1hr trying to find the straight forward 101 info on what exactly is VRM.
I can only conclude that it is vaporware but likely intended to be a clone of the Nubits/Nushare model.

MAD945

hero member

Activity: 658

Merit: 500

Wow Phase 1 sold out in 3 hours!

350 BTC invested Cool

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

Verium ICO Phase 1 sold out in less than 4 hours! Get ready for proportional phase 2! http://vericoin.info/ico.html

MAD945

hero member

Activity: 658

Merit: 500

Quote from: souljah1h on July 19, 2016, 08:36:31 PM

1544322.60126224 Vericoin collected so far. Phase one ends when 2.1 mil Vericoin is reached.

Damn impressive!

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

1544322.60126224 Vericoin collected so far. Phase one ends when 2.1 mil Vericoin is reached.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

this is a interesting project and i will be following with interest

one never knows what will happen in this crypto world
the biggest issue is a DEV team that will be honest and upfront and stable!
good luck to all

MAD945

hero member

Activity: 658

Merit: 500

ICO Now Live!

http://www.vericoin.info/ico.html

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

#Verium ICO has launched! Get it while you can! http://www.vericoin.info/ico.html

effectsToCause

hero member

Activity: 761

Merit: 505

VeriCoin & Verium Creator/Developer

#Verium ICO delayed 30 minutes to triple check system before opening. #VeriCoin http://www.vericoin.info/ico.html

MAD945

hero member

Activity: 658

Merit: 500

Quote from: ?? on ??

Is there a release date for the Verium wallet yet? Or will it be available after ICO?

Available after the end of the ICO Cool

MAD945

hero member

Activity: 658

Merit: 500

Quote from: souljah1h on July 19, 2016, 02:42:52 PM

http://www.vericoin.info/ico.html will switch to ico page at the start time.

Looking forward to launch! Cool

souljah1h

legendary

Activity: 1092

Merit: 1000

Hyperspace snail

http://www.vericoin.info/ico.html will switch to ico page at the start time.

Topic: [ANN][VRM] Verium PoWT | CPU mining | scrypt² | Scaling | New Roadmap Released - page 122. (Read 250025 times)